The Nexus Earth conference brought together Anarchist, Libertarians, Crypto enthusiast and Peter Schiff. Peter Schiff is someone I highly admire and admitidly I’ve listened to most of his podcasts.
I commend Peter for showing up to Nexus and for having the juevos to present his contrarian views to the masses on television. I do agree with many points Peter makes on crypto, particularly when he points out that just because bitcoin was first doesn’t mean it will be the only one standing at the end of the day. Coincidentally enough, I met Tone Vays today and he would whole heartedly disagree with me on this, but one has to admire someone willing to go down with the ship. Alta Vista search browser was first, but now pretty much everyone uses google thanks to In-Q-Tel CIA money. Hopefully the guys at Presearch can pull off the decentralized “google killer” but thats another topic for another day.
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I think where Peter misses the boat, is his dismissive attitude towards crypto’s and blockchain technology in general. While this conference was going on, Peter’s Puerto Rican based businesses couldn’t operate due to hurricane Maria taking out Puerto Rico’s power and internet infrastructure. The irony is that if Colin Cantrell of Nexus Earth can pull off what he’s trying to pull off, Peter’s business might not have been disrupted as much as they have been… because in the future… decentralized mesh networks housed in cube sat’s could provide Peter the internet he needs to maintain his businesses in Puerto Rico. The government has a special deal with Puerto Rico where American’s can get preferential tax treatment without having to renounce citizenship if they run a Puerto Rican based business. The catch is something like 80% of business activity has to be done in Puerto Rico… which is sort of hard to do without the internet. Just saying.
Without further ado here is the clip of Joby throwing Satoshi’s white paper at Peter and Peter agreeing that he’d read it. Below you can also find the full “talk” and for once Lauren Southern wasn’t the one causing the trouble.