151 - Why Are We Here? with Erik Voorhees

In this episode we talk about his legendary debate with SBF—this is the first time we’ve caught up with him since. What are his reflections now? We also dive into how this bull/bear cycle is similar and different from previous ones, how do we preserve crypto’s core principles, and most importantly—why are we here? Why crypto? Why now? Why stay?

Erik doesn’t waste a word in this episode. Happy New Year everyone. Let’s keep building.

TIMESTAMPS

0:00 Intro

6:17 Where Did Crypto Go Wrong?

8:43 Crypto Labels

12:30  Responsibility

14:26  Accountability

18:19 FTX Collapse From Erik’s POV

24:05 SBF’s Headspace

28:45 Potential Alternative Realities

30:50 SBF’s D.C. Relationship

34:47 Was this Cycle Unique?

38:58 Lessons From Past Cycles

43:36 Learning Through the Pain?

48:33 Why is Individual Empowerment Correct?

50:20 Coordination & Order

54:26 Power

1:02:22 The U.S. Constitution

1:07:13 Code Enforcement

1:08:07 Why Are We Here?

1:09:49 Baked-In Crypto Principles

1:13:03 Perserving Core Crypto Values

1:16:48 Is Erik Radical?

1:21:44 Will Crypto Ever Go Mainstream?

1:25:53 Cycle Common Denominators

1:28:19 Bear Market Advice

1:29:31 Erik’s Bull Market Forcast

1:32:00 Action Items & Disclaimers

RESOURCES

• SBF vs Erik Voorhees episode
• A Response to SBF and Principled Crypto Regulation
  https://www.moneyandstate.com/blog/response-to-sbf
• Sophistry and the Savior
  https://www.moneyandstate.com/blog/sophistry-and-the-savior
• 24 - Exploring the Frontier | Erik Voorhees