What Bitcoin Did
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Hosted by Peter McCormack, What Bitcoin Did features open conversations with experts in Bitcoin, cryptocurrencies, and financial markets. Peter interviews a wide array of guests – from developers and analysts to investors and skeptics – exploring topics around Bitcoin adoption, economics, energy, privacy, and beyond in a down-to-earth style.
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Podcast•Jan 30, 2026•3h 3m
#143 – Emmanuel Maggiori – The Economics of State Failure
In this episode, Emmanuel Maggiori examines how inflation, distorted incentives, and the erosion of monetary rules gradually undermine an economy, using Argentina’s black markets and capital controls as a cautionary tale. He explains that inflation first destroys trust in institutions before prices, leading rational actors to adapt by shifting to informal markets and reducing savings. Maggiori also critiques Modern Monetary Theory, highlights how corruption becomes normalized under fiscal stress, and argues that disciplined fiscal policy over time is essential for restoring credibility and enabling reform.
By What Bitcoin Did
Podcast•Jan 8, 2026•2h 4m
#139 - Simon Dixon - How the Financial-Industrial Complex Runs the World
Simon Dixon explains that modern Western politics is less chaotic than it appears, operating under a financial‑industrial complex where money creation, debt roll‑overs, and asset managers dictate outcomes more than elections or ideology. He details how governments function as balance...
By What Bitcoin Did
Podcast•Jan 5, 2026•1h 24m
#138 – Steve Baker – The Structural Failure of Government
Former Conservative MP Steve Baker argues that Britain’s systemic failure stems from a self‑reinforcing political machine that rewards power without accountability, leading to declining living standards and growing voter powerlessness. He highlights how incentives in politics, unchecked money flows, and...
By What Bitcoin Did