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A True Bitcoin Polymath - Paul Sztorc (Part 1)

Paul Sztorc

Paul describes him self as a "bad self-promoter" - so we are going do it for him! Paul's ideas and contributions to the bitcoin world are important to know about.

Host
Matt Aaron

Listen here or on your favorite platform

About the Episode

Bitcoin changed the game; changed the rules. With new rules comes new solutions. That's where Paul comes in.

Working on sidechains and prediction markets, he applies a skillset from many disciplines:
Statistics, Economics, Psychology, Finance, Programming, Cryptography among other fields.

Roger paid Paul to leave Yale and work full-time on Bitcoin. And he's still working on it years later!

Part 2 can be listened to here.

Timestamps:

3:00 - How Paul answers the question "What do you do?"
4:18 - On programmers, cryptographers and behavioral economics
5:05 - Specialization and the skill stack
7:10 - What Paul was doing pre-bitcoin
8:00 - How he discovered bitcoin
9:19 - On Roger Ver
12:00 - Scaling debate
21:54 - The human factor and the birth of altcoins
23:58 - What is "sound" money?
26:37 - Store of Value
28:01 - The liquidity problem posed by proof of stake
33:29 - Any liquidity problems on the Lightning Network?

Mentioned in the episode:
Truthcoin.info
Bitcoin Hivemind (more great essays)
Paul on Twitter

About the Host

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

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