From the Petrodollar to a Bitcoin Standard with Alex Gladstein & Nic Carter

“It’s reasonable to think that in the next 10-15 years, we’ll start seeing a real shift. Whether it’s to a bi-polar world or a multi-polar world or potentially a world where we no longer have the petrodollar as the reserve currency… but rather, maybe the Bitcoin standard.”— Alex GladsteinLocation: RemotelyDate: Monday 24th MayProject: The Human Rights Foundation & Castle Island VenturesRole: Chief Strategy Officer & PartnerBitcoin is in the midst of an immense cycle of FUD. In the last few weeks alone, Elon Musk has questioned the energy consumption, China has again imposed regulations on bitcoin miners, and even the Pope raised fears concerning fossil fuels.As Bitcoiners, we are used to the constant stream of attacks, but often the disparagement is down to a lack of understanding of Bitcoin, with people viewing it as just a visa-like payment processor. As Alex Gladstein says, Bitcoin “is not a fintech company competing with Visa. It is a decentralized asset competing to be the new global reserve currency, aiming to inherit the role gold once had and the role the dollar holds today.”If bitcoin does become the new global reserve currency, superseding the dollar, will that usher in a more peaceful world? And what impact will it have on equality and foreign policy? In this interview, I talk to Alex Gladstein, the Chief Strategy Officer at The Human Rights Foundation and Nic Carter, a Partner at Castle Island Ventures. We discuss the petrodollar system, moving to a bitcoin standard and the benefits that it would have on society.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD353 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.