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PGP Creator: Bitcoin Is Not the Revolution You Think | Phil Zimmermann
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In this episode, cryptography legend Phil Zimmermann—creator of PGP—reflects on his role in the original “crypto wars,” the mixed societal impact of Bitcoin, and why he’s both intrigued by and cautious about Bitcoin’s role in human rights, crime, privacy, and global monetary systems. He applauds Bitcoin’s resistance to autocracy and surveillance but critiques its volatility, energy use, and criminal applications—offering a nuanced view of its legacy compared to PGP. Enjoy!
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Follow Phil: https://philzimmermann.com/EN/background/index.html
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: https://twitter.com/SupplyShockBW
Follow Blockworks: https://twitter.com/Blockworks_
Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock
—
Join us at Permissionless IV June 24th - 26th. Use code SUPPLY10 for 10% OFF! https://blockworks.co/event/permissionless-iv
—
Core is the Bitcoin Everything Chain—unlocking trustless Bitcoin Staking to power the future of Bitcoin DeFi.
Core empowers Bitcoin holders to earn secure, sustainable yield while retaining full control of their assets.
Start staking your Bitcoin and earn real yield: https://stake.coredao.org/blockworks
Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.
—
Timestamps:
(00:00) Introduction
(02:45) PGP & Strong Cryptography
(07:36) Digital Cash Breakthrough
(09:20) Mixed Effects of Technology
(13:03) Ads (Core, Ledger)
(14:27) Bitcoin’s Mixed Effects
(17:47) Proof-of-Work & Early Innovations
(23:06) Patents & Bitcoin
(25:34) Bitcoin’s Good vs Bad
(28:43) Criminals & Crypto
(31:26) Improving Bitcoin
(35:34) Ads (Core, Ledger)
(37:00) Improving Bitcoin
(39:49) Bitcoin vs Fiat
(43:56) Bitcoin Consensus
(47:31) Building Support via Courts vs Politics
(51:34) Laws Against Software
(53:39) Bitcoin Shortcomings
(55:49) Privacy & PGP
(59:40) Bitcoin Energy Use
(01:03:58) Is Bitcoin as Successful as PGP
(01:05:26) Autocracies & Democracy
(01:13:07) Bitcoin as a Pocketbook Issue
—
Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
419 episodes
Fetch error
Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on May 29, 2025 08:02 ()
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 482506380 series 3664872
In this episode, cryptography legend Phil Zimmermann—creator of PGP—reflects on his role in the original “crypto wars,” the mixed societal impact of Bitcoin, and why he’s both intrigued by and cautious about Bitcoin’s role in human rights, crime, privacy, and global monetary systems. He applauds Bitcoin’s resistance to autocracy and surveillance but critiques its volatility, energy use, and criminal applications—offering a nuanced view of its legacy compared to PGP. Enjoy!
—
Follow Phil: https://philzimmermann.com/EN/background/index.html
Follow Rizzo: https://x.com/pete_rizzo_
Follow Supply Shock: https://twitter.com/SupplyShockBW
Follow Blockworks: https://twitter.com/Blockworks_
Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx
Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock
—
Join us at Permissionless IV June 24th - 26th. Use code SUPPLY10 for 10% OFF! https://blockworks.co/event/permissionless-iv
—
Core is the Bitcoin Everything Chain—unlocking trustless Bitcoin Staking to power the future of Bitcoin DeFi.
Core empowers Bitcoin holders to earn secure, sustainable yield while retaining full control of their assets.
Start staking your Bitcoin and earn real yield: https://stake.coredao.org/blockworks
Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.
—
Timestamps:
(00:00) Introduction
(02:45) PGP & Strong Cryptography
(07:36) Digital Cash Breakthrough
(09:20) Mixed Effects of Technology
(13:03) Ads (Core, Ledger)
(14:27) Bitcoin’s Mixed Effects
(17:47) Proof-of-Work & Early Innovations
(23:06) Patents & Bitcoin
(25:34) Bitcoin’s Good vs Bad
(28:43) Criminals & Crypto
(31:26) Improving Bitcoin
(35:34) Ads (Core, Ledger)
(37:00) Improving Bitcoin
(39:49) Bitcoin vs Fiat
(43:56) Bitcoin Consensus
(47:31) Building Support via Courts vs Politics
(51:34) Laws Against Software
(53:39) Bitcoin Shortcomings
(55:49) Privacy & PGP
(59:40) Bitcoin Energy Use
(01:03:58) Is Bitcoin as Successful as PGP
(01:05:26) Autocracies & Democracy
(01:13:07) Bitcoin as a Pocketbook Issue
—
Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
419 episodes
All episodes
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