In this episode of Magic Internet Money, host Brad Mills invites lifelong hacker and Bitcoin entrepreneur, Eric Martindale onto the show to discuss Bitcoin, his journey working as a developer for Bitcoin related companies, and his layer 3 software called Fabric.

Brad kicks the show off describing life in Cape Breton and the lessons of that experience, which he compares to the great depression and the film Cinderella Man. He introduces Martindale and a handful of basic topics of critique such as DeFi and altcoins.

The main topic of the show is censorship resistance and the advantages to the additional layers that Bitcoin has developed since its initial launch by Satoshi. Martindale shares valuable personal experience with Bitcoin’s development.

Time Stamps

00:00:19 - Introduction and catching up with Brad Mills

00:32:50 - Show Start and introducing layer 3 and other terms

00:37:50 - Introducing Eric Martindale

00:44:40 - When did Martindale look closer at BTC?

00:54:04 - Martindale’s developer journey and insights

01:09:55 - Where does Fabric fit into the layers of BTC?

01:25:29 - On the Balkanization of the cryptocurrency world

01:40:07 - More questions about Fabric and Portal

01:51:30 - How to balance a passion for BTC with shitcoiner coworkers

01:58:50 - How does the token for Portal work?

02:06:20 - Outro and plugs

Links to Mentions in the Show

Fabric

Portal

Holepunch

What is layer 3?

DeFi

Austrian economics

The Lean Startup

Cypherpunks

The World Economic Forum

The Lightning Network

Find Eric Martindale

Eric Martindale Twitter

Eric Martindale Website

Find Brad Mills

Brad Mills Twitter

MIM Twitter

Brad Mills Facebook