Stephan Livera Podcast

SLP311 Bitcoin: Only The Strong Survive - with Big Al

Big Al, pseudonymous co-author of the “Only The Strong Survive” article joins me on the show to talk about various critiques of non-Bitcoin ‘Crypto’ projects. In this explosive discussion, we talk about the key things yo...

2021-10-09

Episode notes

Big Al, pseudonymous co-author of the “Only The Strong Survive” article joins me on the show to talk about various critiques of non-Bitcoin ‘Crypto’ projects. In this explosive discussion, we talk about the key things you need to know on Bitcoin as contrasted with ‘Crypto’ and DeFi.


We chat:



  • What truly sets Bitcoin apart

  • DeFi not being decentralised, and not finance

  • Everything fights for liquidity

  • The problem with utility tokens

  • Dishonest TVL metrics and massive leverage in ‘defi’


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