🎙️ My guest today is Knut Svanholm & Luke De Wolf. Knut is the author of many classic Bitcoin books including the famous “Bitcoin: Everything Divided by 21 Million”. Luke is the co-author with Knut of Bitcoin: The Inverse of Clown World (10% off for my readers with code EFRAT), and together they co-hosts the “Bitcoin Infinity Show” and publish various books.
In this episode, we discuss Knut & Luke’s journeys into Bitcoin and the concept of 'Clown World.' We explore the implications of government actions, the allure of free lunches, and the importance of personal responsibility in navigating today's economic landscape. The conversation emphasizes Bitcoin as a solution for individuals seeking to opt out of the current system and build trustworthy communities. Knut and Luke discuss the transformative potential of Bitcoin, its role in fostering trust and facilitating trade without intermediaries. We discuss the notion of legal tender, Bitcoin ownership, the future of corporations in a Bitcoin economy, and the responsibilities individuals must embrace as they navigate this new financial landscape. We end with the transient nature of stablecoins and CBDCs, and Bitcoin's potential to redistribute wealth and empower individuals.
I decided to start uploading the full episodes of the podcast to Substack too, so from now on you can view them in full length here. Please support my work to allow me to keep producing great content for you!
This episode is also on Twitter, Youtube, Spotify, Fountain, Rumble and more.
Got value? please like, comment, share, subscribe & support my work!
We talked about:
00:00 Coming Up...
01:23 Intro to Knut, Luke & "Clown World" The Book
05:07 Knut's Story
17:58 Luke's Story
26:34 Understanding Clown World and Its Implications
38:56 Solutions to Clown World: Personal Responsibility and Bitcoin
47:05 Meaning of Opting Out
51:49 Scale & Trust in Bitcoin
56:43 Legal Tender vs. Voluntarism
59:47 The Role of Bitcoin in Society
01:00:58 Bitcoin as Legal Tender, Impact of Time Theft & Taxation
01:05:58 The Pendulum of Adoption
01:09:00 Ownership vs. Possession of Bitcoin
01:11:19 Corporations & Bitcoin
01:17:24 Transitioning to a Bitcoin Standard
01:29:20 Stablecoins and CBDCs: A Transitory Phase
01:33:00 Closing Messages
Watch on Youtube:
Watch/listen on Spotify:
Follow Knut & Luke:
Knut’s Twitter: https://twitter.com/knutsvanholm
Knut’s Nostr: https://primal.net/knut
Luke’s Twitter: https://twitter.com/lukedewolf
Luke’s Nostr: https://primal.net/luke
Follow me:
Twitter | Telegram | YouTube | Instagram | My podcast | All other links
Sponsors:
►► Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you’ll have to watch it)
Prices went down for these 2 Trezor wallets! Enjoy the reduced price + my extra 5% off, use my discount code from the episode).
Trezor - Bitcoin Hardware Wallet
Join me in any of these upcoming events:
May 2025 - Bitcoin Vegas (prev. Nashville) (code EFRAT for 10% off)
June 2025 - BTC Prague (code EFRAT for 10% off)
— Support my work —
The best way to support me is by becoming a paying subscriber.
You can also “buy me a coffee” for a 1-time support, or with Bitcoin here.
Thank you!
Share this post