How Bitcoin Can Be Co-opted Without Being Destroyed - Efrat Fenigson | Ep. 159

I’ve been interviewed this week by Bernardo Braga from Brazil on his podcast. In his words:“Bitcoin doesn't need to be destroyed to lose the war. If people give up self-custody and agree to exchange Bitcoin for pieces of Wall Street paper, defeat has already begun.In this conversation, Efrat Fenigson and I talked about Bitcoin Core, Michael Saylor, stablecoins, and the risk of Bitcoin becoming another piece of the fiat system.She also shares how the pandemic turned her life upside down and why she turned down a larger sponsorship offer from Coinkite before the Coldcard debacle.”→ Please like, comment, share & subscribe, to help me beat the suppressing algo's. Thank you!SPONSORS→ Download the free report on second citizenships & setting up a plan B in another country with Expat Money: https://expatmoney.com/efrat→ Access liquidity without selling your Bitcoin with Ledn, get 0.25% off your first loan: https://ledn.io/Efrat    → Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you’ll have to watch it): https://affil.trezor.io/SHUn→ Have you tried mining bitcoin? Stack sats directly to your wallet while saving on taxes with Abundant Mines: https://AbundantMines.com/Efrat - Claim your free month of hosting via this linkAFFILIATES→ Want to preserve your privacy online? Get a GrapheneOS privacy phone or laptop, up to $150 off “Above Phone” products + extra $50 off with code EFRAT: https://abovephone.com/efrat/ → Get 15% off “Born To Be Free” all-natural, tallow-based skincare products on a bitcoin standard, using code EFRAT: https://oshi.link/1nvZYq  → Join me in these upcoming events & use code EFRAT for discounted tickets: https://www.efrat.blog/p/upcoming-events→ Get 10% off on Augmented NAC to detox Spike protein, with the code YCXKQDK2 via this link: https://store.augmentednac.com/?via=efrat (This is not medical advice, please consult your MD)→ Watch “New Totalitarian Order” conference with Prof. Mattias Desmet & Efrat - code EFRAT for 10% off: https://efenigson.gumroad.com/l/desmet_efratLINKSBernardo on X: https://x.com/eubernardobraga  Efrat’s X: https://twitter.com/efenigsonEfrat’s Channels: https://linktr.ee/efenigsonWatch on all platforms: https://linktr.ee/yourethevoiceSupport Efrat’s work: ⁠https://bit.ly/zap_efratCHAPTERS 00:00 Highlights01:35 Who is Efrat Fenigson?05:26 How the pandemic awakened Efrat09:07 The fiat system as modern slavery13:07 BIP-110, Bitcoin Knots and Bitcoin Core14:46 Ledn's message16:05 Is Bitcoin Core being co-opted?19:35 Who funds developers?25:19 Wall Street, BlackRock and the Attack on Bitcoin26:44 Self-custody and vulnerable points30:00 The responsibility of Bitcoiners33:58 Ideology and values within Bitcoin Core42:02 What happened to Michael Saylor?47:08 Stablecoins: the new digital money49:48 Fiat on steroids56:32 The future of free communities01:02:57 A protocol of sovereignty for your life01:10:27 How Efrat Became a Freedom Activist01:13:21 Democracy, corruption and political theater01:17:22 Coldcard, Coinkite and the rejected proposal