Bitcoin is valuable because it’s censorship resistant with Andrew Bailey
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In this episode, Andrew Bailey, author of Resistance Money, explores the philosophical foundations of bitcoin and its role as resistance money. He discusses the need for resistance in today's socio-economic landscape, who benefits from it, and why he wrote another bitcoin book. Andrew argues for bitcoin's adoption based on more widely held beliefs and examines its value in a censorship-free world. He addresses the role of privacy, bitcoin's future, and the importance of self-custody versus centralized custody. The conversation also covers the ossify versus non-ossify debate, personal reputational risks, its political impact, and its biggest risks. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show out with your friends and family → Send us an email [email protected] TIMESTAMPS: 00:00:00 Introduction 00:01:24 What is Resistance Money? 00:02:17 Andrew’s philosophy background 00:04:46 What do people need to resist? 00:07:52 Who needs resistance money? 00:10:58 Why write another bitcoin book? 00:12:38 Arguing for bitcoin from more widely held beliefs 00:14:37 Is bitcoin valuable if there is no censorship? 00:15:47 How does philosophy help us understand bitcoin? 00:19:49 Bitcoin as an alien technology drop 00:21:36 What’s the role of privacy and money? 00:23:32 Can there be too much privacy? 00:27:05 Bitcoin is a new tool in today’s reality 00:28:00 Where is bitcoin in a decade? 00:31:59 How can we accelerate self-custody adoption? 00:33:55 What’s the concern with centralized custody? 00:37:35 Ossify vs not ossify fork 00:42:56 Risking your reputation talking positively about bitcoin? 00:46:23 When will bitcoin become not fringe? 00:48:53 How might bitcoin transform politics? 00:52:46 Biggest risk to bitcoin? 00:55:27 What’s something you believe about bitcoin that many bitcoiners would disagree with? 00:56:45 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained Linkedin: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Andrew Bailey’s Twitter: https://x.com/resistancemoney → Andrew’s book: https://www.resistance.money
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