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Jeff Park

๐Ÿ‘ค Speaker
335 total appearances

Appearances Over Time

Podcast Appearances

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

You know, it's a good way to put it.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

I think it's competition maximization, but I also think it's productivity maximization.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

Yes, yes.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And if you think about productivity, it's like a kinetic energy, right?

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

It's kind of this idea of translating your battery into growth.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And so it's like kinetic energy maximization is tech.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And you got Bitcoin, which is kind of like the opposite.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

I'd say it's like potential energy maximization, right?

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

It's like a store of wealth.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And so Bitcoin has no interest in having any kinetic power.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

It just wants to store really well.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And so what you see is the barbell, the approach of maximization is a great word.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

It's a pick a lane and maximize your factor.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And Bitcoin is potential energy and tech is kinetic energy.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And I think the great myth is that you can occupy the space in the middle where you can make these trade-offs for kind of half of each.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And I think that's just not...

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

really humanly plausible, right?

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

Because the dream of Ethereum, which I think there's rooms to believe in, it requires so many things to work towards against the interest of their own.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And humans are not really good at doing things against their own interests.

The Pomp Podcast
Bitcoin Is Becoming a Strategic Weapon | Jeff Park

And so even when you talk about building like a global settlement layer, the idea of like decentralizing away your authority, especially if you think you have a little bit of a dominant edge versus others, is a very like...