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Jordan Peterson uses his cunning giga-brain around Bitcoin

3 min reading

Jordan Peterson a famous Canadian psychologist has now turned to using Bitcoin in the latest episode. During August 10. Peterson released a podcast titled “Bitcoin: The future of Money?” which has a panel of Bitcoiners including John Vallis the host of the Bitcoin Rapid-Fire podcast, Bitcoin coder Der Gigi, film creator Richard James and Robert Breedlove, ex-hedge fund manager and host of the “what is Money?”

“It’s very interesting idea that in some manner, Bitcoin provides an incorruptible language of value preferable to gold.” During the entire episode, the author indulged his guests to share their opinions on the value that Bitcoin gives to society and in return he then tried to understand their answers back to them in an effort to create a fundamental understanding of its main aspects. “So [Bitcoin] is completely transparent. It’s completely distributed. There’s no centralized authority. It can’t be cracked. It can’t be cracked. It can’t be stolen. It doesn’t inflate. It can’t be inflated. It isn’t subject to any form of overt administrative control,” he said. 

Peterson isn’t considered as a crypto proponent; he may learn more about Bitcoin and Blockchain tech than he makes everyone thinks so. He started accepting BTC donations back in 2018 after he left Patreon over issues regarding free speech. He has publicly talked about the importance of blockchain tech on various occasions and during the interview with Grant Blaisdell in January 2020, he said “There’s a whole bunch of problems that this new system solves, but you can be bloody certain that there’s a whole bunch of problems it’s going to introduce.” 

Peterson also asked the guests on what they thought were the drawbacks of Bitcoin and said Elon Musk’s environmental issues around the sustainability of mining practices behind the asset. The conversation that happened between the guests was regarding the need to maintain Bitcoin network as it was necessary for changing the society in terms of decentralization, “Society, in general, asks these questions about all kinds of things, are cars worth it? Are smartphones worth it? Is the internet worth it?” 

“whatever energy is expended in the production of Bitcoin and the maintenance of the system should be more than recouped by the increased efficiency of every system that uses Bitcoin as a transactional device.” 

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