"Bitcoin is much more than money" - with Ijoma Mangold
Mar 14, 2023
This weekly podcast about Bitcoin is the initiative of the Viennese financial journalist Niko Jilch. The goal: to strengthen and network the German-speaking Bitcoin community - and to bring the Bitcoin phenomenon closer to as broad a mass as possible.
We accompany this project as one of the main sponsors in this blog and also make all podcast episodes available here as a video.
Ijoma Mangold is well known in the Bitcoin space for his unique approach to Bitcoin. His novel perspectives greatly enrich the community.
He has just published his third book, "The Orange Pill: Why Bitcoin is Far More than Just a New Money." The fact that many people (especially the educated middle classes) initially turn up their noses and are possibly irritated by a book about Bitcoin is something Ijoma is happy to accept: "They always do with money topics. And life is boring without a certain amount of risk. Bitcoin makes you think about so many things in a new way."
Moreover, his book is "not investment advice but a new way to think about the world." It's a book for Bitcoiners, too, of course, he says, but Ijoma is determined to spark broader society with it and take a lot of people along with him on this journey of reflection. And it's thoughts like these that he wants to inspire with his book: "Bitcoin is a fundamental belief that has to do with the singularity of a new technology."
Ijoma sees the Lightning network as the "next ignition stage" of Bitcoin: "I can't imagine that it won't catch on in a grandiose way." And especially in light of the current banking crisis, he says Bitcoin can prove itself, "People haven't even thought about the fact that we've always put ourselves at the mercy of a third party with our money. There's an exit strategy for the first time, and that changes the balance of power colossally."
He thinks stablecoins and CBDCs (Central Bank Digital Currencies) are an absurd idea. "Our utopian needs for a new money will not be satisfied by stablecoins," Ijoma comments.
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