Bitcoin OG chats about liberalism, meme coins, and revolution. It's definitely not too late to get in now.

In 2008, during the financial crisis in the United States, a seemingly marginal presidential candidate planted the seeds of today's Bitcoin movement. That year, Republican Congressman Ron Paul was nominated by the Libertarian Party (note: the Libertarian Party is a branch of the Republican Party) to run for President of the United States. He advocated for Libertarianism, strongly criticized the Federal Reserve, and pushed for an audit and impeachment of the FED. Although he later withdrew from the race, he awakened a new generation's reformist thought on monetary sovereignty. Ron Paul remains a prominent figure in the Libertarian Party to this day, and his most significant impact has been inspiring the well-known Bitcoin influencer Isaac Miller. Before entering the world of Bitcoin, Miller had helped with Ron Paul's presidential campaign. Miller continued the libertarian thought and became a staunch bitcoiner and an old OG.

Issac Miller recently appeared on the Supply Shack show to discuss his views on Bitcoin and political economy, meme coins, and sidechains like Ordinals. Below are the key takeaways. The full original interview video can be watched on Youtube.

From Liberalism to the Bitcoin Revolution

Isaac Miller's encounter with Bitcoin began with curiosity, he admitted that he did not have a computer science or economics background at the time, but he was attracted by the story of Bitcoin's attempt to reshape the history of money, and when he helped Ron Raul run for the US President, he began to look at Bitcoin from a liberal and political perspective, and really began to realize the significance of Bitcoin's birth.

He said that since joining Ron Paul's presidential campaign in 2008, he has questioned the operations of The Federal Reserve (FED) (which is the same position as Trump). He thinks that the FED is a wolf in sheep's clothing. Later, when he inadvertently came across Bitcoin, he thought this was the golden arrow to fight against the system. He emphasized that Bitcoin is important not only because of its technological innovation but also due to its unstoppable and unchangeable properties, which reignited his passion for social reform.

The relationship between Bitcoin and politics is inseparable.

Regarding the phenomenon of Bitcoin gradually entering the mainstream political arena, Miller expressed some complex feelings. Although more and more politicians are embracing Bitcoin and other cryptocurrencies, he does not believe there will be much difference between governments that support or oppose Bitcoin, as this force has become mainstream.

During the Ukraine-Russia war, Bitcoin has been blamed by many. In Ukraine, people think Bitcoin is terrible, as Russians use it to launder money and buy weapons. On the other hand, billions of dollars have been donated to Ukraine through Bitcoin. In the 2024 U.S. presidential election, Bitcoin policy has also become a focal point of discussion, as it is believed that Bitcoin has evolved from an innovative technology to an infrastructure like the internet and electricity.

Support meme coins, remind fans not to get addicted, buy Bitcoin.

In addition to becoming a heavyweight Internet celebrity because of his support for Bitcoin, Miller is also widely known in the coin circle because he has his own Meme coin, someone helped him post a meme coin with the same name as him on Pump.Fun, this $Issac Coin became popular, and he also bought 10% of the supply to support it, he confessed that it was for fun, he thought that the meme coin was fun, and he promised the community to support the project and would never sell it. When the market capitalization of this meme coin exceeded ten million dollars, he began to think about moral responsibility, he reminded everyone that this is an entertainment memecoin project, no one should invest their life savings, but he suggested that money can be invested in Bitcoin. He doesn't deny the charm of meme coins, and even appreciates the creativity and community momentum of the meme culture phenomenon, but he believes that Bitcoin is the hardest asset.

Views on the evolution of the Bitcoin ecosystem and Ordinals

When asked about the internal divisions within the Bitcoin community, particularly regarding the issue of Ordinals and the Bitcoin native token protocol, Miller believes that Bitcoin essentially only needs to do one thing well, which is to serve as a robust and stable monetary platform; other chains like Ethereum can become playgrounds for human creativity, developing more creative application scenarios such as DAOs and AI. He thinks that uses should be categorized, saying that the free market will determine what can remain. Bitcoin only does one thing, and it can do that one thing very well.

The evolution of Bitcoin always amazes him. He never thought anyone would say something like: this satoshi is rarer than that satoshi, or that it would take an entire Bitcoin to exchange for one satoshi, but such things have really happened, leaving him stunned. With Bitcoin Taproot, there is now the capability to implement smart contracts on Bitcoin, issue tokens, and so on. So the question is, is anything else needed? He believes the Bitcoin blockchain was not built for these things, but he has to adjust his mindset.

It's definitely not too late to enter now.

When asked if it's too late to buy Bitcoin now, Miller firmly replied that it is not late at all. People may have missed the moment when Bitcoin could be bought for just $100, but what won't be missed is the opportunity to collaboratively build an ecosystem around Bitcoin, leaving a legacy for themselves and future generations. He pointed out that the value of Bitcoin lies not only in its price but also in the system it establishes.

The golden age of Bitcoin is coming.

At the end of the interview, Isaac Miller lamented that many people today see cryptocurrencies only as gambling. He pointed out that although the meme coin trend has attracted countless newcomers to the market, true wealth and freedom require a long-term vision and deep participation. He said Bitcoin is not a lottery ticket, but a revolution in technology and freedom. He stressed that it is still early days, and the only threshold is mentality and vision, not just price.

This article features the Bitcoin OG discussing libertarianism, meme coins, and revolution. It's definitely not too late to get in now. It first appeared on Chain News ABMedia.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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