Month: July 2020

How will historians look back at 2020? "I think it's a decisive moment and I don't think we know yet how it's going to work out," says former House Speaker Newt Gingrich.

"Once you start tearing down statues, somebody hates the next statue, the statue after that," adds Gingrich, author of "Trump and the American Future: Solving the Great Problems of Our Time." "And then you end up with a statue that was built by freed slaves as a tribute to the man who freed them, Abraham Lincoln, is now inadequate, according to people who don't have a clue what the Civil War was like, what Lincoln did, or how gigantic the change was. So you basically have barbarians."

We also cover these stories: 

• Seattle police are disbanding the CHOP zone.
• President Trump tweets about the New York Times article that Russia is paying bounties for dead Americans in Afghanistan.
• British Prime Minister Boris Johnson speaks out against China's new crackdown on Hong Kong.

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There is a constant free market competition to define the Bitcoin narrative, and Kraken’s Dan Held argues this is part of what makes the protocol so strong.

This episode is sponsored by Bitstamp and Crypto.com.

Satoshi Nakamoto is often recognized for his technical genius in solving the double-spending problem. He is also widely revered for his willingness to walk away from the protocol to make it stronger, something no other entrepreneur who has created anything on the scale of Bitcoin has ever done. 

What people discuss less often is Satoshi’s marketing instincts. In this illuminating conversation, serial bitcoin entrepreneur Dan Held argues: 

• Satoshi had strong instincts about how price would drive bitcoin adoption
• The bitcoin white paper document was a marketing pitch aimed specifically at the cypherpunks 
• The competition between bitcoin narratives is something that gives the protocol strength
• The competition to shape bitcoin's narrative is truly free and open to all

Find our guest online:

Website: danheld.com

Twitter: @danheld

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COVID-19 cases and deaths spike in the US. States and communities take action to keep the virus in check this July 4th holiday. Funding for cops -- cut in New York City. Correspondent Steve Kathan has the CBS World News Roundup for Wednesday, July 1, 2020.

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A sweeping new national-security law deeply undermines Beijing’s “one country, two systems” approach in the territory; under it, arrests have already been made. What next for Hong Kong’s activists and its businesses? Malawi’s overturned election is a ray of hope that democracy can survive both incumbents’ strongman tactics and covid-19. And the varied successes of pro- and anti-Trump tell-all books. 

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