WeAreChange, an independent media organization, posted an interview with Stefan Molineux  speaking on the importance of Bitcoin in relation to the boilerplate person'south social and economical freedoms.

Who is Stefan Molyneux?

The guest is a Canadian producer of the site chosen Freedomain radio, a podcast production company covering a broad range of topics from economics, where Stefan holds the side of anarcho-capitalists, to philosophy and ethics, challenging traditional family values.

In the interview, Stefan also made a reference to his entrepreneur days. He told the host interviewer, Luke Rudkowski that some office of him still yearns for the entrepreneurial spirit of that time notwithstanding, he is overall happy to be where he is now.

Bitcoin not expressionless and loving it

To warm up, Luke asked the guest about the media's electric current stance on Bitcoin and if cryptocurrencies are, in fact, dead and only don't know it yet.

Stefan laughs at such a thought, as he believes that the media'due south skeptical arroyo to Bitcoin is merely another sign of its success. The demise of every new tech, particularly in the instance of digital coins is always predicted and, a natural occurrence in their advancement. The cryptos would disappear from the public eye if nobody talked about them. And equally we all know, negative publicity is nonetheless publicity as more than and more people are getting involved with each passing mean solar day.

Stefan noted that people still heavily rely on mass media for their information - exist it TV, radio, newspapers or the internet, but reiterated that this tin, in fact, have a positive overall influence on Bitcoin, citing a quote he overheard a twenty-four hour period before, "I don't care what you write near, simply make sure you spell my name right."

Stefan also finds information technology amusing that people today tend to still heavily rely on big financial institutions, believing that if annihilation resembling such (similar MtGox, which he references) goes under, the arrangement will collapse. However, he reassured that the organization is much more robust and such an outcome will be no more than than a drop in the saucepan in the cryptocurrency globe.

Lizardmen ruling the Money

Luke laughs as he turns the interview in a new management mentioning that at that place has non been a shortage of conspiracy theories springing up around Bitcoin being a government-created traceable digital currency designed to impose greater command over its citizens.

Stefan retorts that in that location are every bit much conspiracies behind Bitcoin every bit there are in the world of people believing in lizardmen controlling the world behind the pall. Today, all money is digital, so in this regard there is no difference between cryptos and fiat bated from Bitcoin not existence centrally controlled by governments and central banks.

Stefan makes another important point, emphasizing that calling Bitcoin a "currency" or "coin" is not quite right, preferring the term "ecosystem of information transfer". Although, the day when I stop calling digital currencies digital coins will probably never come, at that place is a truth in his words. Bitcoin is new and unique where onetime definitions just cannot be applied if you desire to get an accurate representation of the whole flick.