
Ep 103: The Case Against Bitcoin
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In Episode 103 of The Dollar Is Dead, Jimmy and Jesse square off in a heated debate over Bitcoin’s promise—and its pitfalls. With Jimmy challenging its long-term viability and Jesse defending it as a potential path forward, the two dig into what Bitcoin is, what it isn’t, and what it could become.
This episode explores:
– Why Bitcoin might not live up to the hype
– The risks of energy consumption and centralization
– Challenges around mass adoption
– What happens if Bitcoin fails to scale
– Whether crypto is really a hedge against fiat collapse
Jesse (constitutional lawyer turned cryptographer) and Jimmy (entrepreneur and poker pro) bring sharp insight into the collision of money, politics, and philosophy.
The Dollar Is Dead is where big questions get honest answers. Subscribe for real talk about money, power, and what’s next for civilization.
Chapters:
00:00 Intro
2:00 Bitcoin's energy costs
6:08 Bitcoin as medium of exchange
12:33 Money laundering and tax evasion
18:14 Bitcoin's malleability
22:11 Centralization of miners
25:58 Bitcoin's deflationary nature
31:52 Scams and lack of consumer protections
35:03 Copycat coins
41:56 Does government intervention alleviate suffering?
45:55 Weighing the pros and cons
51:34 CBDCs
58:28 Outro
🎧 Also available on YouTube.