JW Weatherman on Truth, Lies and Blockchains

Mr Obnoxious - Un pódcast de Peter McCormack

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Interview location: Skype
Interview date: Sunday 3rd Feb, 2019

What is a scam in crypto? Is it the explicit decision to defraud investors by raising funds for a project you have no intention to build? Does it include projects where the founders make claims to be developing technology which they are not sure they can create? Should it include altcoins which are similar to Bitcoin but have little chance of success?

The term scam is thrown around regularly in the industry. Hardcore Bitcoiners may claim that anything which is not Bitcoin is a scam while others will defend altcoins as part of a free market for money.

In this interview I talk with JW Weatherman about the projects he believes are scams, why it is so prevalent in the crypto industry, and we also talk about his course 10 Hours of Bitcoin, a primer to help onboard newcomers to why Bitcoin is so important.

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Timestamps:

00.03.45: Intro and welcome
00.04.08: Why is JW so hardcore Bitcoin
00.07.37: Why people are so entrenched in their opinions
00.11.22: What defines a scam?
00.13.38: Is Litecoin a scam?
00.18.41: JW’s background and credentials
00.23.43: Is Bitcoin a problem for venture capital?
00.30.25: Is Ethereum a scam?
00.39.04: Thoughts on MakerDao
00.46.10: The “blockchain” industry
00.52.33: The web 3.0 narrative
00.57.15: Is Monero a scam?
01.04.01: Bitcoin education

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Helpful Links:

Connect with JW Weatherman:
- On Twitter @jwweatherman_
- Website: https://jwweatherman.com/#/
- On YouTube
- On Medium
- Mathbot
- 10 Hours of Bitcoin

Mentioned in the interview:
- Bitcoin threat model
- Paul Graham
- A16Z
- Y Combinator

Other relevant WBD podcasts:
- WBD068: Peter Todd on the Essence of Bitcoin
- WBD065: Tone Vays on Why Altcoins Are a Bad Investment
- WBD061: Tuur Demeester's Bearish Case for Ethereum
- WBD046: Francis Pouliot on the Network Effect of Money and Why Tokens Are Scams
- WBD038: Questioning the Obsession with Blockchains and On-Chain Governance with Nic Carter

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