Episode 8 Beyond The Price
CoinPost Global’s 8th “GM Radio: Beyond The Price,” published on October 31st, features Jason Maier, author of the book “A Progressive’s Case for Bitcoin.”
Mr. Maier’s occupation is a high school mathematics teacher. On the other hand, he is also known as an “innovative Bitcoiner” for writing books on the crypto asset (virtual currency) Bitcoin (BTC).
Although he first became interested in Bitcoin from the perspective of mathematics and computer science, he now believes that Bitcoin has the potential to make the world fairer and more peaceful.
The book mentioned above is an overview of Bitcoin written from an innovative perspective. It covers the characteristics of Bitcoin, its environmental benefits, how it compares to banks, and how Bitcoin can help the poor and marginalized.
However, Maier explains that he wrote this book so that it can be read not only by progressive people on the left, but also by conservative people on the right.
Podcast content
The title of this broadcast is “Bitcoin is an invincible tool for humanity.” You can listen to Maier’s podcast (in English) below, but here we will introduce the key points of the broadcast.
As for why he wrote the book from a progressive perspective, he says, “Bitcoin is sound money and highly transparent as a financial system.What Bitcoin can offer does not necessarily depend on principles. No,” he said.
Maier also points out that while there is a lot of content related to Bitcoin, such as podcasts and books, much of it is conservative. As an educator, he says, “In order for learners to learn complex and difficult content, they need to feel comfortable and welcome.” Ta.
He also stated that it is necessary to have a variety of voices, not just one perspective, and that it is also necessary to communicate in the language of people who want to learn about Bitcoin.
Maier said that Bitcoin exists for important ideals, and believes that using Bitcoin can make the world a better place.
Role of Bitcoin
There are many people who view Bitcoin as an asset for investment and speculation, with a lot of interest in the examination of Bitcoin spot ETFs (Exchange Traded Funds) in the United States. We also spoke to Mr. Maier about the characteristics of Bitcoin and its future role.
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He claims that he believes Bitcoin has the potential to transform the financial system. The reason for this, he said, is that owners can control their Bitcoins themselves.
He also points out that if Bitcoin is used as a key currency, it will be possible to check the government’s movements. Although this is just a hypothetical, he said that it has the advantage of being able to check whether the government is abusing the financial system and suppressing the amount of government currency issuance. The amount of new Bitcoin issued is pre-programmed.
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Furthermore, he argues that due to the feature that the number of issuances is programmed, Bitcoin can encourage greater distribution and achieve fairness and equality. For example, if a fiat currency like the US dollar is printed more, not everyone will benefit from it, he said. They point out that the current fiat currency system is the exact opposite of Bitcoin and is self-reinforcing inequity.
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Bitcoin neutrality
Maier also said that Bitcoin is a neutral technology. This is not a difference between left and right, but rather that Bitcoin can be used for good or bad. He said it would be very difficult to prevent Bitcoin from being used for nefarious purposes, and the world would have to accept this reality.
However, he points out that Bitcoin’s neutral characteristics, such as high anonymity and statelessness, are not the only disadvantages. He urged, “Let’s focus our energy only on good things that are efficient.”
Maier said that Bitcoin is a financial technology that cannot be censored by governments or stopped by administrators, and that it can also help people suffering from dictatorships and wars. He said this is an example of the benefits of neutrality and is “a completely new change.”
Image used with license from Shutterstock
“Virtual currency” refers to “crypto assets”
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