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Blockware Podcast

Bitcoin is a Black Hole to the Global Banking System w/ Peter Dunworth

26 May 2023

Description

Joe Burnett is joined by Peter Dunworth to discuss his timelocking Bitcoin and Bitcoin as pristine collateral. Sign up for the Blockware marketplace here: https://marketplace.blockwaresolutions.com/ Upgrade your security by hammering your Bitcoin seed phrase into titanium plates using Stampseed. Use Coupon Code "BLOCKWARE15" for 15% off sitewide. Valid through May 2023 https://stampseed.com/?mtm_campaign=blockware Follow us on Twitter: Joe: https://twitter.com/IIICapital Peter: https://twitter.com/dunworth_peter Blockware: https://twitter.com/BlockwareTeam 00:00 Intro 01:15 What is a Triple Point Asset? 05:00 What is Timelocking Bitcoin? 13:14 Time-locked Bitcoin as Collateral 24:00 Bitcoin Borrowing 30:20 Negative Interest Rate Borrowing 38:00 Banking Black Hole 40:55 Counter Arguments to Peter’s Hypothesis 43:20 Risks of Timelocking 48:30 Estimated Timeline for Peter’s Hypothesis 52:16 Final Thoughts

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