Join Stephan as he interviews the sharpest economic and technical minds in Bitcoin & Austrian Economics to help you understand how money is changing and evolving. Leading names in the world of Bitcoin join the show to share their insights, whether they are developers, CEOs, economists, authors, analysts and more.
S1 E649 · Thu, March 27, 2025
In this episode, Alejandro de la Torre, CEO and founder of Demand Pool, discusses the launch of their new Stratum V2 mining pool. Alejandro explains the importance of decentralization in Bitcoin mining, the risks associated with traditional mining pools, and how Demand Pool aims to create a fair and transparent system for miners. The conversation covers the differences between payout structures like FPPS and PPLNS, the innovative Slice payment system, and the role of translation proxies in facilitating mining operations. Alejandro also addresses the viability of mining pools and the importance of hash rate coordination. He also shares insights on global mining trends, the shift towards liquid cooling, and the challenges of censorship in the mining space. Takeaways 🔸Demand Pool aims to address decentralization concerns in Bitcoin mining. 🔸Stratum V2 allows miners to build their own blocks, enhancing decentralization. 🔸FPPS payout structure creates centralization risks for miners. 🔸PPLNS is a fairer payout method compared to FPPS. 🔸The Slice payment system ensures fair distribution of transaction fees. 🔸Transparency in payment systems is crucial for miner trust. 🔸Translation proxies are necessary for current mining operations. 🔸Demand Pool focuses on larger miners to achieve operational viability. 🔸Decentralization is essential for Bitcoin's value and ethos. 🔸Alejandro is committed to improving the mining ecosystem. Constant payouts to miners are achievable with sufficient hash rate. 🔸FPPS and PPLNS have significant differences affecting miner payouts. 🔸Security in mining pools is paramount to protect miners' interests. 🔸A good mining pool prioritizes safety and incremental improvements. 🔸Connectivity and latency are critical factors for mining efficiency. 🔸Stratum V2 offers advancements over traditional mining protocols. 🔸FPPS may become obsolete as transaction fees increase in importance. 🔸Global trends show a rise in Bitcoin mining initiatives, especially in Africa. 🔸Liquid cooling presents advantages and challenges compared to air cooling. 🔸Censorship resistance is enhanced with Stratum V2, but challenges remain. Timestamps: (00:00) - Intro (01:00) - What is Demand pool? (02:24) - What is Stratum V2?; Centralization risks in mining pools (07:42) - Understanding FPPS payout structure (12:52) - What is PPLNS ? (14:44) - What is the Slice payment system? (18:53) - Difference between Demand Pool & OCEAN or Braiins (21:05) - Sponsors (23:35) - The role of translation proxy in mining; Current Stratum V2 support landscape (27:34) - How much hash rate is required to be viable as a pool?; Mining payouts (30:24) - Impact of FPPS vs PPLNS on miners (33:02) - How does Stratum V2 enhance the security o
S1 E648 · Wed, March 26, 2025
Stephan Livera and James Check discuss the evolving dynamics of the Bitcoin market, emphasizing the shift from traditional market cycles to a more complex interplay of macroeconomic factors and investor behavior. They explore the impact of institutional investors and ETFs on market sentiment, the psychological aspects of trading, and the importance of on-chain metrics in understanding market movements. The discussion highlights the need for investors to adapt their strategies and perspectives in a rapidly changing environment. James emphasizes the importance of understanding market behavior and debunks several false narratives surrounding Bitcoin trading. The discussion also touches on the role of ETFs in the market and how they interact with on-chain data. Ultimately, James encourages listeners to trust their instincts while utilizing available data to make informed decisions in the ever-evolving Bitcoin landscape. Takeaways 🔸The Bitcoin market is evolving beyond traditional cycles. 🔸Market sentiment is influenced by macroeconomic factors. 🔸Institutional investors are changing the dynamics of Bitcoin trading. 🔸Emotional psychology plays a crucial role in trading decisions. 🔸On-chain metrics provide valuable insights into market behavior. 🔸Investors should focus on long-term trends rather than short-term fluctuations. 🔸Understanding the role of ETFs is essential for modern Bitcoin analysis. 🔸Diminishing returns and volatility are expected as Bitcoin matures. 🔸The herd mentality can lead to poor investment decisions. 🔸SOPR and other on-chain metrics are vital for informed trading. Funding rates are a reflection of market sentiment. 🔸Market corrections are a normal part of the bull market cycle. 🔸On-chain data provides valuable insights into market behavior. 🔸ETFs play a significant role in Bitcoin market dynamics. 🔸False narratives can cloud judgment in trading decisions. 🔸Understanding market gaps can help predict price movements. 🔸The importance of distinguishing between whale and exchange data. 🔸Supply shocks are often misunderstood in their implications. 🔸The multiplier effect is often exaggerated in Bitcoin discussions. 🔸On-chain data is a powerful tool for hodlers and traders alike. Timestamps: (00:00) - Intro (01:00) - There is no cycle? (04:58) - Is this time really different? (11:08) - Understanding Bitcoin market sentiments & structure (13:36) - Structural shifts in Bitcoin adoption?; Role of ETFs & Institutional investors (17:17) - Emotional psychology in trading Bitcoin (21:24) - Sponsors (24:37) - Will diminishing returns and volatility continue? (29:27) - What is SOPR (Spent Output Profit Ratio)?; Understanding market corrections (34:30) - Is $80K Bitcoin the ‘value zone’?; Importance of on-chain data
S1 E647 · Tue, March 25, 2025
In this episode, Mason Jappa, CEO of Blockware Solutions, discusses the current state and future of Bitcoin mining, particularly in the U.S. He highlights recent regulatory clarity from the SEC, the evolving mining landscape, and the economic dynamics affecting miners. Mason emphasizes the importance of technology, liquidity, and strategic partnerships in successful mining operations, while also addressing the ongoing debate between mining and simply holding Bitcoin. The discussion provides insights into the challenges and opportunities within the Bitcoin mining industry as it continues to grow and adapt. Takeaways 🔸The SEC has provided favorable coverage for Bitcoin mining. 🔸Bitcoin mining remains strong despite market fluctuations. 🔸Mason Jappa is bullish on the future of Bitcoin mining. 🔸Blockware Solutions produces annual research reports on mining. 🔸Bitcoin price historically outpaces mining difficulty growth. 🔸Energy infrastructure deployment cannot keep up with Bitcoin price surges. 🔸Liquidity in mining assets is crucial for profitability. 🔸Choosing the right partners is essential for successful mining operations. 🔸Mining can yield more Bitcoin than simply buying and holding. 🔸Many public mining companies are currently unprofitable. There's a divide in strategies among public miners. 🔸Operational efficiency is crucial for Bitcoin miners. 🔸Current mining equipment prices are favorable for investment. 🔸Bitcoin mining can serve as a method for dollar cost averaging. 🔸Political risks could impact the future of Bitcoin mining. 🔸Market predictions for Bitcoin range from 150k to 400k. 🔸Innovations in mining technology are on the rise. 🔸Hydro and immersion cooling technologies are becoming more prevalent. 🔸Bitmain's monopoly in mining equipment is being challenged. 🔸Tax advantages exist for business owners in Bitcoin mining. Timestamps: (00:00) - Intro (01:14) - What does the current Bitcoin mining landscape look like? (05:40) - SEC’s regulatory clarity and the future of Bitcoin mining in the U.S (11:22) - Mining economics (14:15) - Cycles in Bitcoin mining - tech & policy (20:13) - Sponsors (22:31) - Buying Bitcoin vs Mining Bitcoin (27:15) - The free market of Bitcoin mining (31:08) - “There are very few profitable Bitcoin miners” (33:53) - Should public mining companies raise debt to buy Bitcoin? (37:19) - Sponsors (38:20) - How operationally efficient is Bitcoin mining?; Mining equipment costs and Hosting rates (47:10) - The monetary risks with “Bitcoin yield” (50:40) - What is the typical IRR of Bitcoin mining? (52:23) - Impact of diminishing returns on Bitcoin mining; Potential future political risks (55:35) - Market predictions, SBR and Bitcoin's future value (58:35) - W
S1 E646 · Sat, March 22, 2025
In this episode, Conor, Open Source product manager at Spiral & Stephen, Product Designer at Voltage & Co founder of ATL Bitlab join Stephan to discuss the current state of Bitcoin user experience, particularly focusing on payments and the challenges faced by users. They explore the comparison between Bitcoin and physical cash, the Western perspective on Bitcoin payments, and the importance of user experience in facilitating Bitcoin transactions. They also touch upon various payment protocols like BOLT11, LNURL, and BOLT12, highlighting the need for interoperability and better privacy features in the Bitcoin ecosystem. The discussion also covers resources available for developers and designers to enhance wallet usability and integration. Takeaways 🔸Bitcoin has excelled as a savings technology. 🔸The payments use case for Bitcoin still needs improvement. 🔸User experience is crucial for Bitcoin adoption. 🔸Comparing Bitcoin to cash highlights privacy concerns. 🔸Western users may not see a payments problem. 🔸Regulatory issues impact Bitcoin payments in the West. 🔸User experience challenges hinder Bitcoin transactions. 🔸Different payment protocols create compatibility issues. 🔸Community collaboration is essential for Bitcoin's future. 🔸Improving interoperability can enhance Bitcoin payments. Wallet compatibility issues can create negative user impressions. 🔸Designers can significantly improve wallet user experience. 🔸Testing compatibility between wallets is essential for user satisfaction. 🔸Tether's integration may boost Bitcoin adoption. 🔸Developers should prioritize payment capabilities before receiving capabilities. 🔸Collaboration between designers and developers can lead to better products. 🔸User experience improvements can be low-hanging fruit for wallet projects. 🔸A global hackathon aims to promote miner decentralization. 🔸Resources like BOLT12 and the Bitcoin Design Guide are valuable for developers. 🔸Engaging with the community can lead to innovative solutions. Timestamps: (00:00) - Intro (01:10) - What is the current state of Bitcoin usage - Payments or Savings? (04:32) - Comparing Bitcoin with physical cash (07:08) - What is the western perspective on Bitcoin payments? (11:30) - Would people use Bitcoin more with improved UX? (17:05) - Exploring payment protocols: Bolt11, LNURL, Bolt12 & BIP353 (23:34) - Sponsors (30:14) - Navigating Bitcoin wallet compatibility challenges (34:45) - What is the role of designers in wallet development? (42:13) - Sponsors (43:13) - Rumble’s integration of Tether & Bitcoin; The impact of Tether on Bitcoin adoption (51:22) - Resources for wallet developers and designers Links: <a href="https://x.com/conorokus" rel="ugc noopener nor
Fri, March 21, 2025
Stephan chats with Steven Roose, CEO of SecondBTC, about Ark, a new Layer 2 solution for Bitcoin that aims to simplify self-custodial payments. They discuss the challenges of onboarding new users to Bitcoin, the unique features of Ark compared to other solutions like Liquid and Cashu, and the importance of maintaining user control over funds. The conversation also touches on the recent Signet launch, scalability concerns, and practical use cases for Ark in facilitating Bitcoin transactions. Steven also explores future plans for the Mainnet launch, the possibility of competing ARC servers, and the implications of CTV and CheckSig from Stack on efficiency gains in the Bitcoin ecosystem. Takeaways 🔸Ark aims to simplify self-custodial Bitcoin payments. 🔸The onboarding experience is crucial for new users. 🔸Ark allows users to receive payments without managing channels. 🔸Self-custodial solutions are essential for user control over funds. 🔸The server in Ark does not take custody of user funds. 🔸Rounds in Ark help refresh VTXOs and manage payments. 🔸Mobile experience is a key focus for Ark's development. 🔸Signet launch aims to engage early adopters and developers. 🔸Scalability will depend on user participation in rounds. 🔸Self-custody is important for both payments and savings in Bitcoin. There's not a lot of use on-chain currently. 🔸Ark focuses on retail payments, while Ark Labs targets app development. 🔸Liquidity constraints are minimized by user behavior in refreshing VTXOs. 🔸Fees will be charged at both server and app levels. 🔸The user experience with Ark is better than existing solutions. 🔸Covenants could significantly enhance Ark's functionality. 🔸The importance of liquidity management in server operations. 🔸Ark aims to onboard users who would otherwise use custodial wallets. 🔸The potential for competing Ark servers is currently low. 🔸Ark is actively being developed and tested on Signet. Timestamps: (00:00) - Intro (01:12) - What is Ark? (03:21) - What is the Ark approach to self-custody? (05:52) - Reducing the onboarding hurdle for users with Ark (07:32) - How does Ark compare with Liquid & eCash? (11:37) - How does a user interact with an Ark server? (12:41) - How do Ark rounds work? (17:07) - Who benefits from Ark? (25:05) - Ark mobile experience and app management challenges (27:20) - Ark’s signet launch (28:45) - What are the user limits for Ark? (33:25) - Practical use cases for Ark in Bitcoin transactions; Importance of self-custody in Bitcoin (38:27) - What is the difference between Second and Ark Labs? (40:48) - What are the liquidity constraints in Ark? (44:55) - Understanding the cost structures in Ark (49:49) - The role of custodial solutions for onboarding user
S1 E644 · Thu, March 13, 2025
In this conversation with Stephan, David and Simanta discuss the implications of ZK Roll-ups for Bitcoin. They explore the benefits of ZK Roll-ups as a scaling solution, the trade-offs compared to other technologies like Lightning Network and sidechains, and the vision behind Alpen Labs. The discussion also touches on the mechanics of ZK Roll-ups, user experience, and the potential impact of BitVM on the ecosystem. The conversation highlights the challenges and limitations of current technology while emphasizing the future possibilities for Bitcoin's programmability and user interaction. David & Simanta also address the risks associated with ZK Rollups, particularly in terms of data availability and trust assumptions, while exploring the future of Bitcoin and the implications of increased data usage on the network. Takeaways 🔸ZK Roll-ups provide an alternative scaling solution for Bitcoin. 🔸They reduce trust assumptions compared to sidechains. 🔸ZK Roll-ups enhance programmability and expressivity for Bitcoin. 🔸Alpen Labs aims to build a truly open platform for Bitcoin. 🔸The team believes in Bitcoin as the best form of money. 🔸ZK Roll-ups can improve user experience and privacy. 🔸There are still limitations in Bitcoin's current technology. 🔸BitVM introduces new possibilities for ZK Roll-ups. 🔸The peg between ABTC and BTC is crucial for functionality. 🔸Future user experiences can be more intuitive and secure. ZK Rollups can leverage existing EVM tooling and network effects. 🔸The target users for ZK Rollups are those needing stable coins and borrowing products. 🔸Competitive lending solutions on Bitcoin can outperform traditional finance. 🔸Minimizing trust assumptions is crucial for the security of ZK Rollups. 🔸Data availability is a key challenge that needs addressing in rollups. 🔸Users can choose their data availability options based on their needs. 🔸The design space for Bitcoin protocols is limited but can be expanded. 🔸Covenants could simplify the implementation of ZK Rollups on Bitcoin. 🔸Increased data usage on Bitcoin could lead to higher transaction fees. 🔸The future of Bitcoin may involve a mix of on-chain and off-chain solutions. Timestamps: (00:00) - Intro (01:00) - What are the benefits of ZK rollups for Bitcoin? (03:55) - What is the role of Alpen Labs in helping scale Bitcoin? (09:32) - Are ZK rollups beneficial to Bitcoin? (11:30) - The mechanics of ZK rollups (18:13) - Challenges and limitations of current tech in Bitcoin (20:47) - Sponsors (23:29) - How does BitVM complement ZK rollups? (31:46) - The experience of using A-BTC for the end user (35:16) - Building the network effects for ZK rollups on Bitcoin (39:11) - Who would be the users of A-BTC? (43:42) - The competitive lending
S1 E643 · Mon, March 10, 2025
Lisa, the founder of Base 58 and BTC++, discusses her focus on Bitcoin education and the growth of the Bitcoin++ conference series. She highlights the importance of building a global community of Bitcoin developers and the challenges of funding open-source projects. In this conversation, Lisa and Stephan discuss the evolving landscape of Bitcoin, focusing on decentralization in block construction, the challenges faced by small miners, and the importance of mining incentives. They explore upcoming Bitcoin conferences and their themes, innovations in privacy, and the growth of the Lightning Network. The discussion emphasizes the need for better tooling and understanding of protocol changes to foster Bitcoin adoption and maintain its decentralized nature. Takeaways 🔸Lisa spends most of her time on Bitcoin++ events. 🔸The Bitcoin++ conference series aims to build a global developer community. 🔸There are about 250 full-time developers working on Bitcoin. 🔸Funding for Bitcoin development often comes from philanthropy. 🔸Education can create cash flow for Bitcoin projects. 🔸AI tools are changing how developers create and learn. 🔸Community interaction is essential for effective learning. 🔸The future of education may focus on entertainment and engagement. 🔸Thematic events can enhance the learning experience. 🔸Mempools and mining are critical topics in Bitcoin development. Decentralization in block construction is crucial for small miners. 🔸Mining incentives must be aligned to ensure network health. 🔸Privacy innovations like pay join and silent payments are vital. 🔸The Lightning Network is becoming more accessible and widely used. 🔸Payments in Bitcoin are driven by network effects among users. 🔸Tooling improvements are essential for broader Bitcoin adoption. 🔸Understanding Bitcoin protocol changes is necessary for community engagement. 🔸Upcoming conferences will focus on diverse themes in Bitcoin technology. 🔸Small miners require equal access to mempool transactions. 🔸The Bitcoin ecosystem is evolving with new privacy and scaling solutions. Timestamps: (00:00) - Intro (00:56) - What’s currently happening with Base58 & Bitcoin++? (02:19) - The need for growth of Bitcoin conferences (07:15) - What is the size of the Bitcoin developer community? (12:03) - The future of Bitcoin development & education; AI’s impact on Bitcoin learning & development (18:34) - What is the role of community in learning? (20:10) - Sponsors (27:12) - What are the upcoming Bitcoin++ events? (30:09) - Evolution of mempool tools; Mining incentives; Challenges of small miners (36:18) - The importance of various themes in Bitcoin++ conferences (39:27) - Sponsors (41:00) - What are the upcoming privacy innovations in Bitcoin to look forward to?
S1 E642 · Wed, March 05, 2025
Stephan discusses the evolution of Bitcoin and the challenges of self-custody with Philip Hoenisch, co-founder of Lendasat. They explore the transition from traditional finance to on-chain solutions, the importance of self-custody, and the ideological divides within the Bitcoin community. Philipp shares his insight on the intricacies of Bitcoin lending, focusing on liquidation processes, collateralization ratios, and the role of technology in managing these aspects. He explains the cost structures associated with lending, including origination fees and transaction costs, and explores the potential for loan rollovers and credit lines. The discussion also touches on the future of stablecoins amidst regulatory risks and the growth of the lending market, particularly from the perspective of lenders. Finally, the conversation highlights the impact of technological innovations like CheckTemplateVerify (CTV) on the Bitcoin ecosystem. Takeaways 🔸Bitcoin is a cypherpunk tool for decentralization. 🔸Self-custody is essential for true Bitcoin adoption. 🔸The traditional finance system is not designed for self-sovereignty. 🔸Many people are not technically equipped to self-custody Bitcoin. 🔸Lendasat aims to provide a collateralized lending solution for Bitcoin. 🔸Interest rates in Bitcoin lending are expected to decrease over time. 🔸KYC regulations are a significant hurdle for Bitcoin lending platforms. 🔸DLCs can automate and secure loan agreements on Bitcoin. 🔸User experience is crucial for broader Bitcoin adoption. 🔸The future of lending may involve integrating fiat and stablecoins. Liquidation occurs when collateral falls below a certain threshold. 🔸Lenders can set their own collateralization ratios. 🔸Technology plays a crucial role in monitoring liquidation events. 🔸The app automates notifications for lenders regarding their loans. 🔸Origination fees are a primary cost in Bitcoin lending. 🔸Loan rollovers allow borrowers to extend their loans easily. 🔸Stablecoins face regulatory risks that could impact their use. 🔸Lenders may come from both retail and institutional backgrounds. 🔸The future of lending may involve innovative financial products. 🔸Technological advancements like CTV could enhance Bitcoin's lending capabilities. Timestamps: (00:00) - Intro (00:52) - Pivoting from 10101 Finance to Lendasat (03:15) - Will the future of Bitcoin be On-chain or TradFi?; The importance of self-custody in Bitcoin (08:29) - Is there an ideological echo chamber hindering Bitcoin’s adoption? (11:49) - The case for Lendasat (14:26) - Managing interest rates and loan terms in Bitcoin lending (19:43) - Sponsors (22:00) - What are the KYC & AML related hurdles in Bitcoin lending? (23:22) - What is Lendasat ? (30:53) - How does DLC work in Bitcoin lend
S1 E641 · Tue, March 04, 2025
Eric Semler, chairman of Semler Scientific, shares his journey from being an investor in technology and media to adopting a Bitcoin treasury strategy for his company. He discusses the origins of Semler Scientific, the challenges faced in the healthcare sector, and how he became convinced of Bitcoin's potential as a store of value. Eric elaborates on the transition from personal conviction in Bitcoin to implementing a corporate strategy, navigating regulatory hurdles, and the evolution of Bitcoin treasury strategies. He also addresses the concept of zombie companies and their potential to benefit from adopting Bitcoin as part of their financial strategy. The strategic timing for deploying Bitcoin in business operations, the high hurdle rate associated with Bitcoin investments, and the evolving landscape of Bitcoin treasury companies are few of the other aspects discussed in depth. Takeaways 🔸Semler Scientific was founded 20 years ago by Eric's father. 🔸The company focuses on medical devices, particularly for screening peripheral artery disease. 🔸Eric's journey with Bitcoin began in 2013 but solidified in 2017. 🔸He was influenced by notable figures like Tom Lee and Michael Saylor. 🔸The company adopted a Bitcoin treasury strategy in May 2021. 🔸They faced regulatory challenges with the SEC during the adoption process. 🔸The board was supportive of the Bitcoin strategy despite initial skepticism. 🔸Eric believes that many companies should adopt a Bitcoin treasury strategy. 🔸Zombie companies are those with cash but lack growth and market interest. 🔸Eric advocates for these companies to consider Bitcoin as a valuable asset. Tech CEOs may 🔸personally hold Bitcoin but hesitate to adopt it for their companies. 🔸Advising zombie companies to start with small Bitcoin investments can be effective. 🔸Calling a company a 'zombie' can be insulting and counterproductive. 🔸Companies should focus on accumulating Bitcoin rather than using it for operations. 🔸The hurdle rate for Bitcoin investments is exceptionally high. 🔸Market saturation could impact the success of Bitcoin treasury companies. 🔸Institutional investors have strict mandates that limit direct Bitcoin purchases. 🔸The current market drawdown may deter companies from investing in Bitcoin. 🔸Long-term strategies are essential for navigating Bitcoin's volatility. 🔸The potential for Bitcoin to exceed gold's value presents significant opportunities. Timestamps: (00:00) - Intro (01:54) - The story of Semler Scientific (06:09) - How did Eric stumble down the Bitcoin rabbit hole? (09:10) - Semler Scientific adopting the Bitcoin Treasury Strategy (16:34) - Convincing the stakeholders and the board of Semler Scientific to adopt BTC (18:32) - Exploring financial engineering to buy more Bitcoin (20:42)
S1 E640 · Mon, March 03, 2025
In this episode, Stephan speaks with Nick Slaney about the current state and future of the Lightning Network. They discuss the misconceptions surrounding Lightning adoption, the legal challenges faced by developers, and the opportunities for Lightning Service Providers (LSPs). Nick shares insights on hosted channels, liquidity management, and the user experience of Lightning, emphasizing the importance of understanding costs associated with using the network. The conversation highlights the potential for growth and innovation in the Lightning ecosystem as it continues to evolve. In this conversation, Stephan and Nick Slaney delve into the intricacies of the Lightning Network, Bitcoin fees, and the role of stablecoins in the crypto ecosystem. They discuss the real-world user experience with Bitcoin and Lightning, emphasizing the importance of understanding user needs and the misconceptions prevalent in online discussions. The conversation also touches on the implications of Taproot assets for the Lightning Network and the future of Bitcoin development, highlighting the need for better user experiences and broader adoption. Takeaways 🔸Lightning has seen significant growth in volume over the past year. 🔸Misunderstandings about Lightning's functionality can lead to misconceptions. 🔸Legal challenges have created a chilling effect on Lightning adoption in the US. 🔸LSPs are a viable business model for facilitating Lightning transactions. 🔸Hosted channels can help onboard casual users to Lightning. 🔸User experience is crucial for the adoption of self-custodial wallets. 🔸Costs associated with using Lightning can vary based on user behavior. 🔸The Lightning Network is not free; users must consider on-chain fees. 🔸There is a need for better tools to facilitate movement between Lightning and on-chain Bitcoin. 🔸The future of Lightning looks promising with ongoing developments and innovations. 🔸Real-world users are often willing to pay higher fees for Bitcoin transactions. 🔸The fee structure for Lightning transactions can be misunderstood online. 🔸Stablecoins serve a purpose in regions where users cannot access dollars. 🔸Self-custody offers assurance and control over Bitcoin holdings. 🔸The Lightning Network needs to focus on user experience to drive adoption. 🔸There is a disconnect between online Bitcoin discussions and real-world user experiences. 🔸Taproot assets could change the dynamics of stablecoins on the Lightning Network. 🔸The future of Bitcoin may involve integrating fiat systems with Lightning payments. 🔸Building trust and brand recognition is crucial for crypto applications. 🔸The Bitcoin community should prioritize real-world applications and user needs. Timestamps: (00:00) - Intro (01:14) - How has the Lightning network progressed with time? (04:06) - What
S1 E639 · Fri, February 28, 2025
In this episode, Stephan Levera interviews Ethan from Bitaroo, discussing the current state of Bitcoin in Australia, regulatory challenges, the importance of self-custody, and the evolving landscape of cryptocurrency exchanges. They explore the implications of regulations like the FATF and AFSL, the role of banks in facilitating or hindering Bitcoin transactions, and the need for consumer protection and self-responsibility in the crypto space. The conversation also touches on proof of reserves and market trends influencing Bitcoin adoption. Takeaways 🔸Bitaroo is a prominent Bitcoin-only exchange in Australia. 🔸The FATF regulations impact how financial institutions handle Bitcoin transactions. 🔸AFSL regulations may change the landscape for Bitcoin businesses in Australia. 🔸User experience may suffer due to increased compliance requirements. 🔸Self-custody is essential for Bitcoin users to maintain control over their assets. 🔸Banks are increasingly blocking transfers to Bitcoin exchanges, complicating access. 🔸Consumer protection should encourage self-responsibility rather than dependence on government. 🔸Proof of reserves could enhance trust in cryptocurrency exchanges. 🔸Market trends indicate a shift towards institutional investment in Bitcoin. 🔸Advocating against restrictive regulations is crucial for the Bitcoin community. Timestamps: (00:00) - Intro (01:01) - How does the Bitcoin landscape look currently in Australia? (09:20) - What is AFSL? (14:57) - Sponsors (15:57) - What other Bitcoin-centric regulations can Australians expect? (18:29) - How is Bitaroo ensuring its users practice self-custody? (23:14) - The dilemma b/w self custody vs. custodial solutions (29:59) - Is it worthwhile to lobby for lesser regulations? (36:42) - Libertarian perspective & the current situation in Australia (38:40) - Are some Australian banks blocking Bitcoin transactions? (46:56) - Sponsors (49:57) - Is Bitaroo KYC-free for merchants? (55:25) - Will Proof of Reserves for exchanges be popularised in Australia? (1:02:14) - Future adoption of Bitcoin and Market trends Links: https://x.com/EthanBitcoin https://x.com/BitarooExchange https://x.com/AusBTCIndBody https://bitcoinalive.io/ Sponsors: Bold Bitcoin CoinKite.com (code LIVERA)
S1 E638 · Thu, February 27, 2025
Harsha & Stephan discuss the challenges Bitcoin businesses face regarding regulation, particularly the tightening KYC and AML requirements. Harsha highlights the implications of these regulations on the Bitcoin ecosystem and the role of custodians. The discussion also touches on the evolving regulatory landscape, the impact of political administrations on crypto regulation, and the future of stablecoins. Harsha emphasizes the need for clarity in regulations and the importance of maintaining a balance between compliance and the freedom that Bitcoin offers. The conversation also highlights the challenges developers face in creating tools that respect user privacy while navigating regulatory landscapes. They conclude by exploring the potential future of Bitcoin upgrades and the importance of lobbying for less restrictive regulations to foster industry growth. Takeaways 🔸Bitcoin businesses face significant regulatory challenges. 🔸KYC and AML regulations are tightening around Bitcoin. 🔸The government controls the flow of money through conversion points. 🔸FinCEN guidance has evolved, impacting Bitcoin regulation. 🔸Political administrations influence the regulatory landscape for crypto. 🔸Stablecoins are seen as an extension of the fiat system. 🔸Surveillance exists in both traditional finance and crypto. 🔸Fraud is a major issue in the crypto space. 🔸The government is not effectively targeting crypto criminals. 🔸There is a need for clarity in crypto regulations. There are genuine concerns about KYC and AML regulations. 🔸Chain surveillance companies are influencing the perception of 'clean' and 'dirty' coins. 🔸Bitcoin's privacy needs are becoming increasingly critical. 🔸Upgrades like PayJoin can enhance Bitcoin's privacy. 🔸The government may not be able to stop Bitcoin upgrades if there's enough inertia. 🔸The current regulatory environment is costly and burdensome for businesses. 🔸Lobbying for less regulation is essential for the growth of the crypto industry. 🔸The effectiveness of AML regulations is highly questionable. 🔸Bitcoin's future may involve more privacy-focused upgrades. 🔸The crypto landscape is a long game, requiring sustained effort. Timestamps: (00:00) - Intro (01:27) - Who is Harsha Goli & what is Magnolia? (02:50) - The KYC/AML noose around Bitcoin is tightening (08:22) - What are the implications of the FinCEN guidance? (12:46) - How does a change in political administration affect cryptocurrency regulations? (15:39) - The aftermath of Samourai wallet hearing; Bank Secrecy Act (17:32) - Sponsors (20:38) - Does the existence of stablecoins help people stay away from the fiat system? (23:50) - Surveillance in TradFi vs. Crypto (29:48) - Travel Rule compliance and Fraud in crypto transactions (35:22)
S1 E637 · Mon, February 24, 2025
Will Foxley, co-founder of BlockSpace Media and host of the Mining Pod chats with Stephan about the need for a dedicated Bitcoin media publication, the upcoming OP NEXT conference focused on scaling Bitcoin, and the importance of fostering conversations among Bitcoin developers, miners, and institutions. Will shares insights on the ossification debate within the Bitcoin community and the role of public Bitcoin miners in shaping the future of Bitcoin. The conversation also emphasizes the need for collaboration and open dialogue to address scaling challenges and the evolving landscape of Bitcoin. Stephan and Will also deep dive into the evolving landscape of Bitcoin mining, highlighting the impact of the China mining ban, the professionalization of the industry, and the relationship between miners and developers. The diverse perspectives on transaction fees, the challenges faced by public and private miners, and the importance of custodians in securing Bitcoin are some of the other key points that are raised as well. Takeaways 🔸BlockSpace Media aims to fill the gap in Bitcoin media. 🔸OP NEXT is a revival of the scaling Bitcoin conference. 🔸Scaling Bitcoin is not an urgent issue at the moment. 🔸The conference focuses on bringing together developers and miners. 🔸Institutions play a crucial role in Bitcoin's future. 🔸The ossification debate is about necessary changes versus bug fixes. 🔸Public Bitcoin miners are becoming more involved in development discussions. 🔸The future of Bitcoin may involve more custodial solutions. 🔸Conversations around scaling Bitcoin need to be inclusive. 🔸The importance of self-custody in the Bitcoin ecosystem. The Bitcoin mining ecosystem has dramatically changed post-China mining ban. 🔸Miners are increasingly professionalized and financially robust. 🔸There is a growing need for collaboration between miners and developers. 🔸Transaction fee dynamics reveal diverse miner perspectives. 🔸Public miners leverage capital differently than private miners. 🔸Diversification strategies are emerging among Bitcoin miners. 🔸The halving event significantly impacts miner survival rates. 🔸Custodians play a crucial role in Bitcoin security and wealth protection. 🔸Self-custody remains a viable option for many Bitcoiners. 🔸Engaging ossifiers can enrich the Bitcoin discourse. Timestamps: (00:00) - Intro (01:05) - What is BlockSpace Media? (04:15) - Is Scaling Bitcoin a pressing issue right now? (10:01) - How is OP Next different from other Bitcoin conferences? (14:00) - What is Will’s view on the ossification debate? (17:15) - Hosting OP Next at Strategy offices (19:53) - Sponsors (21:09) - Who will be at OP Next? (25:23) - How do people perceive Bitcoin? (30:50) - How has the Bitcoin mining ecosystem evolved over the y
S1 E636 · Tue, February 18, 2025
Stephan and Pierre discuss the evolving landscape of Bitcoin, focusing on the dichotomy between securitization and tokenization. They explore the regulatory environment, the challenges of Bitcoin adoption, and the implications of volatility on investor behavior. The discussion also touches upon the financialization of Bitcoin and the misconceptions surrounding tokenization of real-world assets, ultimately questioning the value created through such processes. They also discuss the risks associated with traditional financial systems, the importance of self-custody, the psychological barriers to Bitcoin adoption, is stablecoin a gateway to Bitcoin and the challenges of privacy and surveillance in financial transactions. Takeaways 🔸Regulatory uncertainty was historically the biggest concern for Bitcoin. 🔸The current primary concern for Bitcoin adoption is price volatility. 🔸Bitcoin's community often lacks empathy towards those wary of volatility. 🔸Financialization of Bitcoin has accelerated with the introduction of ETFs. 🔸There is a significant demand for products that cater to different risk appetites. 🔸Tokenization of assets does not create new value; it merely changes the form. 🔸The crypto space often misidentifies problems that need solving. 🔸Investors are more interested in securitized products than decentralized solutions. 🔸The narrative around tokenization is often misleading and oversold. 🔸Real-world applications of blockchain technology can sometimes complicate rather than simplify transactions. Bitcoin's financialization is a key trend for the future. 🔸Investors need to understand the risks of traditional finance. 🔸Securitization of Bitcoin will drive institutional interest. 🔸Regulatory changes are creating new opportunities for Bitcoin. 🔸Self-custody is essential for Bitcoin holders. 🔸Stablecoins can serve as a bridge to Bitcoin investment. 🔸The psychological aspect of investing in Bitcoin is significant. 🔸Privacy concerns in finance are becoming more pronounced. 🔸Bitcoin's volatility is a barrier for some investors. 🔸The future of finance may involve a blend of Bitcoin and traditional assets. Timestamps: (00:00) - Intro (00:55) - What are the primary objections that people have with Bitcoin? (07:20) - Technology vs. Number-Go-Up (15:08) - Which pathway brings more people into Bitcoin? (22:45) - $MSTR leveraging trad-fi to drive its bitcoin treasury strategy (26:30) - The dubious narrative of ‘tokenization of real-world assets’ (32:06) - Sponsors (39:12) - What is the role of Bitcoin in financial strategies? (48:11) - What will be the impact of regulatory changes on Bitcoin? (52:34) - The important concerns over centralization and state capture of Bitcoin (52:22) - Sponsors (58:38) - What are
S1 E635 · Fri, February 14, 2025
The episode focuses on the evolving narrative of Bitcoin, emphasizing its role as a medium of exchange rather than just a store of value. Dan & Danny explore the advancements in the Lightning Network, the challenges of user adoption, and the importance of awareness in driving Bitcoin's integration into both crypto and fiat worlds. The discussion highlights the potential for Lightning to facilitate peer-to-peer transactions and the future of Bitcoin swaps with stablecoins. Dan & Danny also discuss the improvements in user experience and accessibility, the challenges of mainstream integration, and the technical simplicity that encourages developer adoption. Takeaways 🔸Bitcoin is evolving beyond being just digital gold. 🔸The Lightning Network has matured significantly since its inception. 🔸User experience for Lightning payments has improved dramatically. 🔸Awareness of Lightning's capabilities is still a major hurdle. 🔸Many users are still unaware of the benefits of Lightning. 🔸Integration with fiat systems is crucial for broader adoption. 🔸The number of people who can access Lightning is growing. 🔸Peer-to-peer payments are becoming more feasible with Lightning. 🔸Stablecoins may play a key role in Bitcoin's future. 🔸The community's grassroots efforts are driving Bitcoin adoption. Lightning technology has matured significantly over the past few years. 🔸User experience improvements are crucial for wider adoption of Bitcoin payments. 🔸Mainstream applications integrating Bitcoin will drive significant adoption. 🔸Technical implementation of Lightning is now simpler than ever for developers. 🔸Bitcoin's utility as a currency is becoming more recognized. 🔸Cultural perceptions of Bitcoin need to evolve for broader acceptance. 🔸The cost of using Bitcoin for payments is significantly lower than traditional methods. 🔸Lightning enables microtransactions that were previously impossible with fiat systems. 🔸The importance of awareness and education in the Bitcoin ecosystem cannot be overstated. 🔸Bitcoin's potential as an everyday currency is being realized globally. Timestamps: (00:00) - Intro (00:50) - Why make a ‘Bitcoin Payments’ report? (03:18) - Bitcoin NOT just ‘Digital Gold’ (08:17) - How many people can access the Lightning Network? (12:37) - What are the challenges in awareness & adoption of using Lightning Network? (15:01) - The argument of ‘Peer-to-Peer’ vs. ‘Bank-to-Bank’ transactions (16:53) - Sponsors (19:12) - What are the hurdles for fiat & crypto folks to adopt Lightning? (25:49) - What is the future of Bitcoin swaps & Lightning? (28:34) - The drivers of Lightning Network adoption (33:09) - Sponsors (34:07) - Increased UX & accessibility improvements (39:56) - Mainstream integration & adoption challenge
S1 E634 · Mon, February 10, 2025
Stephan and Nicolas discuss the evolution of Bitcoin banking, the role of Galoy, and the impact of regulatory changes on the Bitcoin ecosystem. They explore the differences between Bitcoin and fiat banking, the potential for local and global Bitcoin banks, and the future of Bitcoin custody and lending. The discussion also touches on the challenges posed by regulations and how recent changes may open up opportunities for banks to offer Bitcoin services. Nicolas also discusses Lana - a platform designed for banks and financial institutions to offer Bitcoin-backed loans. He explains the complexities of managing collateral and risk in Bitcoin lending, the importance of proof of reserves, and the role of custodians in the banking process. Takeaways 🔸Bitcoin banking can differ significantly from fiat banking. 🔸The Lightning Network has evolved towards a more centralized model. 🔸Bitcoin banks can operate without needing permission, unlike fiat banks. 🔸There is potential for a million Bitcoin banks globally. 🔸Regulatory challenges impact the adoption of Bitcoin by banks. 🔸Recent regulatory changes may encourage banks to offer Bitcoin services. 🔸Custody of Bitcoin is becoming a key focus for banks. 🔸Local Bitcoin banks may have advantages over global ones. 🔸The repeal of SAB121 is a significant step for Bitcoin banking. 🔸Bitcoin collateralized lending is an emerging opportunity. Lana is a landing platform for Bitcoin-backed loans. 🔸Managing collateral risk is crucial in Bitcoin lending. 🔸Proof of reserves should be a standard practice for Bitcoin banks. 🔸Banks can choose their custodians for Bitcoin management. 🔸Lana aims to expedite the market entry for banks. 🔸Traditional banking software may struggle with Bitcoin integration. 🔸Galoy is developing various Bitcoin banking products. 🔸The regulatory environment is influencing banks' Bitcoin strategies. 🔸El Salvador's legal tender law for Bitcoin has been repealed. 🔸Bitcoin adoption in El Salvador has led to increased tourism. Timestamps: (00:00) - Intro (01:08) - How did Galoy start? (04:24) - LN and Bitcoin wallet evolution over time (08:12) - Bitcoin banking vs. Fiat banking (12:15) - Local vs. Global Bitcoin banking models (17:09) - Sponsors (18:42) - What is the future of Bitcoin custody and lending? (22:14) - Why are traditional banks hostile towards Bitcoin? (28:15) - How does repealing SAB121 help Bitcoin? (30:19) - What is Lana? (34:54) - The importance of Proof-of-Reserves in Bitcoin lending products (40:57) - How market-ready is Lana? (42:08) - Sponsors (43:07) - How is Lana different from Traditional banking software? (45:08) - Building Galoy: Bitcoin’s banking infrastructure (48:12) - What is the future of Bitcoin in traditio
S1 E633 · Thu, February 06, 2025
Mason Carter, co-founder of Acropolis, chats about the adoption of Bitcoin in corporate treasury management. Stephan & Mason discuss the challenges faced by businesses in managing their treasury, the role of Bitcoin as a potential solution, and the importance of custody and regulatory considerations. Mason also shares insights on how companies can get started with Bitcoin, the impact of recent accounting changes, and the future of Bitcoin in banking. They then conclude the conversation with a case study involving eBay and the broader market potential of Bitcoin as a store of value. Takeaways 🔸Bitcoin can help businesses combat inflation and preserve purchasing power. 🔸Not every company should adopt a Bitcoin treasury strategy. 🔸Custody of Bitcoin is a critical concern for corporations. 🔸FASB changes have made it easier for companies to account for Bitcoin. 🔸The future of banking will likely involve specialized Bitcoin services. 🔸20% allocation to Bitcoin is a reasonable starting point for corporations. 🔸Bitcoin is a more efficient store of value compared to traditional assets. 🔸The legitimacy of Bitcoin is increasing among traditional finance leaders. 🔸Education is key for businesses to understand Bitcoin's value. 🔸Counterparty risk is a primary concern for corporate treasurers. Timestamps: (00:00) - Intro (00:48) - What are Early Riders & Acropolis? (02:25) - What are the challenges faced by corporations in treasury management? (04:35) - Should every company with access to public markets adopt Bitcoin acquiring strategies? (06:58) - Getting started with Bitcoin for Corporations (12:20) - What are some of the custody considerations for corporate Bitcoin holdings? (15:19) - Sponsors (17:00) - Regulatory & accounting challenges in Bitcoin adoption (20:42) - What is the impact of FASB changes on corporate Bitcoin accounting? (26:09) - Case study: eBay's Potential Bitcoin Strategy (27:24) - Sponsors (34:24) - Bitcoin's market potential compared to other assets (36:23) - What are the social aspects of Bitcoin adoption? (39:11) - Why should a corporation consider a 20% allocation of Bitcoin for its treasury? Links: https://x.com/AcropolisBTC https://www.acropolistreasury.com/ https://x.com/onchaincowboy Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) Stephan Livera links: Follow me on X:<a hre
S1 E632 · Fri, January 31, 2025
Julian and Peruvian Bull join Stephan to discuss the origins of the Federal Reserve - its creation in 1913 and its implications on the economy. They explore the recent awakening of public awareness regarding economic disparities exacerbated by COVID-19 and the role of central banking in these issues. The discussion contrasts the historical significance of 1913 with the events of 1971, emphasizing the Federal Reserve's influence on monetary policy and the illusion of free markets. They also talk about the flaws of traditional investment strategies, particularly the reliance on government bonds and the 60-40 portfolio model. The implications of government debt on financial markets and the role of the Federal Reserve as a central bank not just for the U.S. but for the world is another key point which is stressed upon. The conversation also explores the historical evolution of central banking, the challenges of ending the Federal Reserve, and the potential of Bitcoin and alternative economies to provide solutions to current financial issues. Takeaways 🔸The Federal Reserve was created in 1913 as a response to financial panics. 🔸COVID-19 has led to a mass awakening regarding economic disparities. 🔸Inflation disproportionately affects lower-income individuals. 🔸The Federal Reserve's policies often benefit the wealthy. 🔸Historical events like the Great Depression highlight the Fed's failures. 🔸The concept of a free market is often misunderstood. 🔸Statistics used by the government can be manipulated to serve narratives. 🔸Recessions can be beneficial for economic correction. 🔸The Federal Reserve operates as a private entity with public implications. 🔸Central banking creates an illusion of stability while fostering fragility. CEOs should be held accountable for poor practices. 🔸Pension funds are making detrimental long-term financial decisions. 🔸The traditional 60-40 investment strategy is outdated and ineffective. 🔸The Federal Reserve's influence has expanded globally over time. 🔸The Eurodollar market is larger than the domestic dollar market. 🔸Ending the Federal Reserve requires significant public support and consensus. 🔸Bitcoin offers a potential alternative to central banking. 🔸There is a growing interest in creating independent economies using Bitcoin. 🔸The financial system is heavily influenced by government regulations and propaganda. 🔸The future of finance may involve decentralized and alternative economic systems. Timestamps: (00:00) - Intro (00:48) - Why do we need to know about the Federal Reserve's origins? (02:50) - Why are people reawakening now?; Role of rising economic disparity (07:38) - WTF happened in 1913? (11:47) - Is the CPI number flawed? (15:40) - Is the Federal Reserve a private entit
S1 E631 · Mon, January 27, 2025
In this conversation, Ben Kaufman discusses the evolving relationship between Bitcoin and government, the implications of political engagement for Bitcoiners, and the advancements in self-custody technology. He introduces Miniscript, a programming language for Bitcoin that enhances the flexibility of spending conditions, and explores innovative use cases, particularly in inheritance planning. The discussion also emphasizes the evolving landscape of Bitcoin self-custody, focusing on the security provided by Miniscript, the importance of emergency keys, and the role of Keeper in enhancing user experience. Stephan and Ben also explore the challenges of self-custody, the need for education, and the catalysts that could drive more users towards self-custody solutions. The balance between security and usability is key, highlighting the advancements in technology that make self-custody more accessible to the average user. Takeaways 🔸The Bitcoin community's relationship with government is evolving. 🔸There is a tension between wanting less government and engaging politically. 🔸Miniscript offers a flexible way to define spending conditions in Bitcoin. 🔸User experience in self-custody has significantly improved over the years. 🔸Innovative use cases for Bitcoin technology are emerging, especially in inheritance planning. 🔸Time locks can be managed through absolute and relative methods in Bitcoin. 🔸The setup process for advanced spending conditions is similar to multisig wallets. 🔸Miniscript allows for complex configurations that enhance security. 🔸The importance of backing up wallet configurations cannot be overstated. 🔸Understanding the protocol level of Bitcoin is crucial for security. Miniscript enhances the security of self-custody. 🔸Emergency keys provide a safety net for users. 🔸Redundancy is crucial in recovery solutions. 🔸User verification is essential for security. 🔸Keeper offers flexible options for emergency keys. 🔸Self-custody requires taking full responsibility. 🔸Education is key to increasing self-custody adoption. 🔸The landscape of self-custody is improving rapidly. 🔸Standardized templates for self-custody may emerge. 🔸Technological advancements are making self-custody easier. Timestamps: (00:00) - Intro (01:04) - Bitcoin’s relationship with the government (04:15) - Should governments be convinced not to buy altcoins? (08:09) - What is the current landscape of Bitcoin self custody technology? (11:20) - What is Miniscript? (13:59) - What are some of the useful applications of Miniscript? (16:12) - Sponsors (17:47) - What are Time Locks and how do they work? (23:42) - Setting up advanced spending conditions with Miniscript & Inheritance planning (31:54) - Emergency keys & other Security models<
S1 E630 · Sat, January 25, 2025
Andrew Hohns discusses the maturation of Bitcoin collateralized finance, the unique characteristics that make Bitcoin an exceptional form of collateral, and the innovative financing model of Battery Finance. In this conversation, Andrew also discusses the complexities of capital markets, the challenges posed by inflation for credit investors, and the potential of Bitcoin as a transformative tool in structured finance. He emphasizes the importance of understanding investor needs, managing risks associated with Bitcoin-backed financing, and the global implications of integrating Bitcoin into traditional financial structures. Hohns advocates for a long-term perspective in financial planning and highlights the evolving landscape of finance influenced by digital assets. Takeaways 🔸Bitcoin collateralized finance is becoming more mature. 🔸Short-term borrowing facilities dominate the current market. 🔸High interest rates pose challenges for long-term financing. 🔸Bitcoin's finite nature makes it a powerful asset. 🔸Bitcoin's versatility allows for various applications. 🔸The future of Bitcoin borrowing depends on institutional involvement. 🔸Battery Finance offers a unique financing model. 🔸Borrowers can re-denominate equity into Bitcoin. 🔸Impact investing can be enhanced with Bitcoin. 🔸Lenders have new options with Bitcoin as collateral. Capital markets cater to diverse investor needs and time horizons. 🔸Credit investments are essential for institutions needing income. 🔸Inflation poses significant challenges for credit investors today. 🔸Real returns must be considered to understand investment performance. 🔸Bitcoin can provide a hedge against inflation for credit investors. 🔸Global adoption of Bitcoin is crucial for its integration into finance. 🔸Risk management is vital when incorporating Bitcoin into financing. 🔸Time preferences influence financial decision-making and investment strategies. 🔸Structured finance can benefit from the unique characteristics of Bitcoin. 🔸The future of finance will increasingly involve digital assets like Bitcoin. Timestamps: (00:00) - Intro (00:55) - How does the market perceive Bitcoin? (06:48) - Versatility of Bitcoin (13:35) - Why is Bitcoin exceptional collateral? (15:05) - Sponsors (16:54) - Why have Bitcoin borrowing rates been high? (19:37) - What is Battery Finance and how does it work? (26:50) - Who are the target customers of Battery Finance? (32:01) - Sponsors (33:05) - Lender perspectives in Bitcoin financing (35:54) - The challenge of inflation for credit investors (42:32) - Global Perspectives on Bitcoin (47:39) - How to manage risks in Bitcoin-backed financing? (52:29) - Repealing SAB121 and implications of banks
S1 E629 · Wed, January 22, 2025
In this episode, NVK, co-founder and CEO of CoinKite, discusses the fundamentals of Bitcoin self-custody. He covers the importance of self-custody, the different forms of Bitcoin ownership, the significance of private keys, best practices for securing Bitcoin, and tips for choosing the right hardware wallet. NVK highlights that self-custody is a high-responsibility activity and provides practical advice for managing Bitcoin securely. Stephan & NVK discuss the trade-offs associated with different wallet types, best practices for setting up and operating hardware wallets, and the significance of verifying transactions. The conversation also highlights common scams and pitfalls in the cryptocurrency space, providing listeners with actionable advice on how to protect their assets. Ultimately, the speakers encourage individuals to take personal responsibility for their Bitcoin security, likening the learning process to driving a car. Takeaways 🔸Self-custody is essential for true ownership of Bitcoin. 🔸The majority of newcomers buy financialized products, not actual Bitcoin. 🔸Private keys are crucial; losing them means losing your Bitcoin. 🔸Confidence is key in self-custody; practice is necessary. 🔸Different users have different needs for Bitcoin management. 🔸Hardware wallets should prioritize security over price. 🔸Always keep your private keys offline and secure. 🔸Understand the trade-offs of different Bitcoin storage methods. 🔸Use a phone wallet for small amounts and a hardware wallet for larger amounts. 🔸Educate yourself continuously about Bitcoin and self-custody. Hardware wallets range from $100 to $200, making them accessible. 🔸Self-custody is crucial for Bitcoin security. 🔸Always verify addresses through multiple channels before sending Bitcoin. 🔸Never enter your seed words into any online platform. 🔸Use a quiet space for key generation to avoid surveillance. 🔸Test recovery of your wallet before transferring significant amounts. 🔸Be aware of common scams, especially phishing attempts. 🔸Protect your Bitcoin as if its value will increase significantly. 🔸Educate yourself continuously about Bitcoin security practices. 🔸If you can drive, you can learn to self-custody your Bitcoin. Timestamps: (00:00) - Intro (01:33) - Why is self-custody important? (03:47) - Different forms of Bitcoin ownership (09:09) - Self-custody is a high responsibility activity; bitcoinsecurity.guide (11:06) - What are Bitcoin private keys?; Best practices for securing your Bitcoin (16:13) - How to choose the right hardware wallets? (18:27) - Sponsors (24:58) - Tips for managing your Bitcoin; Trade-offs of hardware wallets (29:44) - What is the ‘Key Generation Ceremony’? (36:24) - Sponsors (37:42) - Best practices for Sending and Receivi
S1 E628 · Thu, January 16, 2025
In this episode, Susie Ward discusses her advocacy for Bitcoin in the UK, focusing on media misrepresentation and regulatory challenges. She critiques the BBC's negative coverage of Bitcoin, highlighting the importance of accurate information and the impact of misinformation on public perception. The conversation then shifts to the FATF travel rule, exploring its implications for privacy and the ineffectiveness of traditional financial regulations in combating money laundering. Susie emphasizes the need for a better understanding of Bitcoin's technology and the dangers of overregulation. Susie and Stephan also discuss the implications of compliance and regulation on Bitcoin adoption, the dangers of debanking, and the political divides affecting financial freedom. The discussion highlights the need for better understanding and education around Bitcoin and the potential risks of centralized control over financial systems. Takeaways 🔸The BBC's coverage of Bitcoin often lacks accuracy and accountability. 🔸Misinformation about Bitcoin can have lasting effects on public perception. 🔸The FATF travel rule is ineffective and infringes on privacy rights. 🔸Many journalists lack the technical background to report accurately on Bitcoin. 🔸Public fear can drive support for unnecessary regulations. 🔸Bitcoin's benefits are often overshadowed by negative media narratives. 🔸The travel rule has not proven to reduce money laundering effectively. 🔸Data privacy is at risk with increasing regulatory demands. 🔸The financial system has not solved the issues it claims to address. 🔸Understanding Bitcoin requires significant research and expertise. Compliance and regulation are making Bitcoin adoption more difficult. 🔸Centralized databases pose risks to individual safety. 🔸Debanking affects millions in the UK without explanation. 🔸Political views can lead to financial exclusion. 🔸The UK is struggling to become a crypto hub despite government interest. 🔸Regulatory measures can hinder retail investors from accessing Bitcoin. 🔸The perception of Bitcoin as 'internet money' leads to ignorance among regulators. 🔸Advocacy and education are crucial for Bitcoin's future in the UK. 🔸Public discourse on controversial topics is essential for understanding. 🔸The implications of programmable money are more dystopian than Orwell predicted. Timestamps: (00:00) - Intro (00:55) - Why is the BBC distorting facts about Bitcoin? (04:55) - What is the impact of misinformation spread around Bitcoin by the BBC among the general public? (09:31) - The importance of fact-checked rebuttals (13:53) - What is the FATF Travel Rule?; What are its implications? (23:22) - Are people pushing for more compliance laws? (24:03) - Sponsors (29:59) - Dangers of overdoing KYC; Debanking
S1 E627 · Tue, January 14, 2025
In this conversation, OpnState shares his journey from a disillusioned banker to a policy advisor focused on compliance and anti-money laundering (AML) laws. He discusses the complexities of financial regulations, the erosion of individual rights, and the impact of global standard-setting bodies like the FATF on national sovereignty. OpnState emphasizes the presumption of guilt in financial transactions and the challenges posed by compliance culture, while also addressing the future of self-hosted wallets and the potential for pushback against globalist interests. Stephan & OpnState also discuss the dangers of delegating self-sovereignty to political figures and the compliance mindset that has permeated society. There is a need to explore cultural change, legal and political paths to challenge the FATF, and the importance of creating alternative systems; this could be achieved through individual responsibility. Takeaways 🔸Open State transitioned from banking to policy to make a difference. 🔸He highlights the misaligned incentives in traditional banking. 🔸The FATF plays a significant role in shaping global financial regulations. 🔸Compliance laws often lead to a presumption of guilt for all clients. 🔸There is a concerning loss of sovereignty for countries due to global standards. 🔸The culture of compliance is pervasive and stifles individual freedoms. 🔸Self-hosted wallets are at risk of increased regulation. 🔸Countries often have no say in the regulations they must follow. 🔸The effectiveness of AML laws in reducing crime is questionable. 🔸There is potential for nationalist movements to push back against globalist regulations. We are delegating our self-sovereignty to politicians. 🔸The compliance mentality is pervasive in society. 🔸Cultural change is necessary to challenge compliance. 🔸Legal paths to change the FATF are limited. 🔸Creating alternatives to the FATF is essential. 🔸Individual choices can drive societal change. 🔸Choke Point 2.0 represents a significant threat. 🔸Complacency can arise from temporary regulatory relief. 🔸We must take responsibility for our own freedom. 🔸Society needs to shed the virus of compliance. Timestamps: (00:00) - Intro (00:34) - Who is OpnState?; His disillusionment with traditional Banking (05:46) - What is the role of Compliance and AML laws? (08:17) - Information sharing & Privacy concerns (12:36) - Guilty until proven innocent? (16:56) - The growing ‘compliance culture’ & its implications (20:05) - What is the FATF?; Only ~10 countries control the rules (24:39) - Sponsors (26:57) - Why does the Travel Rule affect the future of self-hosted wallets and Bitcoin? (30:19) - What goes into making FATF definitions? (34:05) - What are the dangers o
S1 E626 · Sun, January 12, 2025
In this episode of SLP, the discussion revolves around the advancements in Bitcoin hardware and software, focusing on wallet recommendations for beginners, the trade-offs between different types of wallets, and the importance of hardware wallets for securing Bitcoin. Ben & K3tan share their insights on when to transition from software to hardware wallets, the significance of recovery processes, and the evolving landscape of Bitcoin tools and options available to users. They also discuss various aspects of Bitcoin management, including the importance of testing and upgrading hardware wallets, the role of Bitcoin nodes, and effective merchant solutions for accepting Bitcoin payments.The need for careful planning and testing when handling larger amounts of Bitcoin, the benefits of running a personal Bitcoin node, and the various tools available for merchants to accept Bitcoin, such as BTC Pay Server and ZapRite have been touched upon in the episode as well. Takeaways 🔸Bitcoin hardware and software are continuously evolving. 🔸Choosing the right wallet depends on user experience and comfort level. 🔸Sparrow Wallet is highly recommended for beginners. 🔸Understanding the trade-offs between on-chain and liquid Bitcoin is crucial. 🔸Hardware wallets provide an extra layer of security for Bitcoin holders. 🔸It's important to educate newcomers on the recovery process of wallets. 🔸Thresholds for moving to hardware wallets should be based on comfort with risk. 🔸The ease of use of wallets can significantly impact user experience. 🔸Recovery and inheritance planning is essential for long-term Bitcoin security. 🔸The Bitcoin ecosystem is rich with options for both new and experienced users. Test your backups as you're setting up the device. 🔸Don't rush to move your entire cold stack to new hardware. 🔸Running a Bitcoin node is primarily for personal verification. 🔸BTCPay Server is a reliable option for accepting Bitcoin payments. 🔸You can pay your bills in Bitcoin through specific services. 🔸Building a local community can enhance Bitcoin transactions. 🔸Using gift cards can help manage everyday expenses with Bitcoin. 🔸It's essential to understand the trade-off between time and money in Bitcoin management. 🔸Zaprite offers excellent invoicing solutions for Bitcoin payments. 🔸The current low fees despite high Bitcoin prices indicate a more mature infrastructure. Timestamps: (00:00) - Intro (04:25) - Software Bitcoin Wallets (17:50) - Sponsors (22:52) - Hardware Bitcoin Wallets (30:18) - Sponsors (41:05) - Why do you need to run your own Bitcoin Node? (53:14) - How can merchants use Bitcoin? (58:51) - Practical approaches of living on a Bitcoin Standard (1:06:39) - Outro Links: <a href="https://x.com/BTCsessions" target=
S1 E625 · Thu, January 02, 2025
Maya Parbhoe, a presidential candidate from Suriname and Bitcoin advocate, shares her journey as an entrepreneur and her vision for her country. She discusses the challenges Suriname faces, including economic issues, corruption, and the lack of a capital market. Maya emphasizes the potential of Bitcoin to transform the economy and governance in Suriname, advocating for decentralization and transparency to combat corruption. She outlines her plans for a technocratic government and the importance of privatization and innovation in driving economic growth. Maya also emphasizes various economic and political strategies for Suriname, focusing on the potential of Bitcoin as a sovereign wealth fund, the rethinking of taxation, and the agility of governance in implementing reforms. Stephan & Maya also discuss the importance of transitioning state employees to new industries, the role of nuclear energy in innovation, and the political landscape leading up to the elections. Takeaways 🔸Maya has been an entrepreneur since age 15. 🔸She discovered Bitcoin in 2012 and became an advocate. 🔸Suriname lacks a capital market and financial infrastructure. 🔸The country is rich in natural resources but faces economic challenges. 🔸Maya's father was murdered due to corruption, influencing her views. 🔸She aims to make Bitcoin legal tender in Suriname. 🔸Decentralization of power is crucial for reducing corruption. 🔸Maya advocates for a technocratic government to address issues. 🔸Privatization of state-owned enterprises is necessary for growth. 🔸Transparency in government spending can be achieved with Bitcoin. Universal Basic Income was rejected in Switzerland due to cultural values. 🔸Suriname has significant natural resources that can be leveraged for wealth. 🔸Bitcoin could serve as a sovereign wealth fund for generational wealth. 🔸Taxation is viewed as theft, and there are calls to rethink government services. 🔸Governments should operate more like service providers than tax collectors. 🔸Suriname's small population allows for agile governance and rapid reforms. 🔸Transitioning state employees to new industries is crucial for economic diversification. 🔸Nuclear energy presents opportunities for innovation and economic growth. 🔸The political landscape is shifting towards a more decentralized governance model. 🔸External pressures from organizations like the IMF are minimal for Suriname. Timestamps: (00:00) - Intro (00:55) - Who is Maya Parbhoe? (04:47) - Maya's entrepreneurial journey & Discovering Bitcoin through Austrian economics (07:57) - Suriname: Economic conditions & Challenges (12:09) - What is Maya's vision for Suriname's Presidential campaign? (15:02) - Working with @JAN3com towards nation-state Bitcoin adoption (18:23) -
S1 E624 · Mon, December 23, 2024
In this conversation, Giovanni Santostasi shares his insight about the power law and its application to Bitcoin. Giovanni starts with his journey of discovering Bitcoin, his background in data analysis, and how he applies scientific methods to understand Bitcoin's behavior. The discussion delves into the concept of power laws, their prevalence in nature, and how they can be used to model various phenomena, including economic systems. Giovanni critiques traditional economic models and emphasizes the importance of data-driven analysis in understanding complex systems like Bitcoin. He explores the nature of Bitcoin as a network, the patterns of adoption, and the implications of power laws in understanding market behavior. Giovanni argues against the existence of bubbles in a power law framework and emphasizes the importance of recognizing the diminishing returns in Bitcoin's growth. The conversation concludes with reflections on the future of Bitcoin and its potential trajectory in the coming years. Takeaways 🔸The power law is a significant concept in understanding Bitcoin's price behavior. 🔸Giovanni's early interest in Bitcoin was sparked by its potential to enable futuristic projects. 🔸Power laws are prevalent in various natural and human systems, including cities and economies. 🔸The S-curve model of adoption is often misapplied in discussions about Bitcoin. 🔸Giovanni discovered that 94% of Bitcoin's behavior can be modeled using a power law. 🔸Understanding power laws can provide insights into complex systems like Bitcoin. 🔸Data analysis is crucial for making sense of economic phenomena. 🔸Giovanni emphasizes the importance of rigorous scientific methods in economics. 🔸The relationship between price and time in Bitcoin follows a power law. 🔸Giovanni aims to bridge the gap between physics and economics through data-driven analysis. Modeling human behavior is complex and often unpredictable. 🔸Market corrections can be anticipated through patterns similar to physical phenomena. 🔸Historical events can exhibit power law characteristics. 🔸Bitcoin's adoption does not follow a traditional S-curve but rather a power law. 🔸Bubbles in Bitcoin are seen as outliers rather than a fundamental aspect of its behavior. 🔸The growth of Bitcoin is expected to slow down over time due to diminishing returns. 🔸Understanding Bitcoin requires a framework that incorporates scaling variant phenomena. 🔸The interactions within the Bitcoin network create a self-regulating system. 🔸Future predictions for Bitcoin should consider its historical behavior and power law dynamics. 🔸The conversation highlights the need for a deeper understanding of economic theories in relation to Bitcoin. The behavior of wallets significantly influences Bitcoin's price dynamics. 🔸Whales have a disproportionate imp
S1 E623 · Mon, December 16, 2024
In this conversation, Miljan from Primal discusses the significant updates in the Nostr protocol and the launch of Primal 2.0. The discussion covers the evolution of Nostr, the introduction of a feed marketplace that empowers users, and the diverse communities forming around the platform. Miljan highlights the new features of Primal 2.0, including long-form content capabilities, advanced search functionalities, and the ethical monetization model of Primal Premium. The conversation emphasizes the importance of user agency, authenticity, and the potential of open networks in the social media landscape. Takeaways 🔸Nostr has evolved significantly in usability and user agency. 🔸The feed marketplace allows users to curate their own content experience. 🔸Primal 2.0 introduces major features enhancing user interaction. 🔸Long-form content on Nostr competes with established platforms like Substack. 🔸Nostr's open network fosters authenticity and user sovereignty. 🔸Primal Premium offers ethical monetization focused on user value. 🔸The community dynamics on Nostr are diverse and evolving. 🔸Advanced search capabilities set Nostr apart from other social media. 🔸The future of social media is leaning towards open and decentralized models. 🔸Nostr is at the early stages of a promising development trajectory. Timestamps: (00:00) - Intro(03:02) - The Evolution of Nostr: Major thematic changes so far (05:31) - How is the Feed Marketplace with Primal 2.0 empowering users? (12:48) - How does Nostr foster diverse user groups & emerging communities? (17:14) - What’s new with Primal 2.0? (21:41) - Sponsors (24:05) - Primal 2.0 ‘Reads’ parallels with Substack and Medium (31:16) - The Open Network advantage of Nostr (34:53) - Sponsors (39:24) - Is Nostr a censorship resistant network? (43:57) - How many people are actively using Nostr? (50:06) - What is Primal Premium? Links: https://x.com/mbraticevic https://primal.net/miljan https://x.com/primal_app Bitcoiners, Don’t Sleep on Nostr!: https://youtu.be/7LsIb6D7FtU Sponsors: Bold Bitcoin CoinKite.com (code LIVERA)
S1 E622 · Thu, December 05, 2024
Bumi & Stephan explore the evolution of Alby from a browser extension to a self-custodial Lightning wallet, Alby Hub. The conversation delves into the integration of Nostr for self-sovereign digital identity, security considerations for browser extensions, and the role of LSPs in channel management. Bumi explains the architecture of Alby Hub, its user experience, and pricing models, emphasizing the importance of integrating Bitcoin into various applications. They also discuss the cost structures associated with Bitcoin services, the optimization of Lightning channels, and the challenges of on-chain payments. The conversation highlights the importance of merchant adoption and the innovative Nostr Wallet Connect (NWC) protocol, which decouples wallets from applications, making it easier for developers. They introduce Alby Go, a mobile application designed for seamless payments, and explore the future of self-custodial solutions in the cryptocurrency space. Takeaways 🔸Alby aims to use Bitcoin as open-source money for digital economies. 🔸The Alby browser extension allows seamless Lightning payments on the web. 🔸Nostr integration enhances self-sovereignty in digital identity management. 🔸Security of browser extensions relies on the underlying browser's security model. 🔸Alby Hub is a self-custodial Lightning wallet designed for programmability. 🔸Users can run Alby Hub on various platforms, including cloud and home servers. 🔸LSPs provide liquidity and channel management for Alby Hub users. 🔸Alby Hub aims to simplify user experience with default channel setups. 🔸Pricing for Alby Hub includes hosting fees and LSP charges for channels. 🔸The goal is to make Bitcoin integration easy for developers and users alike. Users need to understand the cost structure of Bitcoin services. 🔸The Lightning Network requires a one-time setup fee for cheaper transactions. 🔸Optimizing channel sizes is crucial for effective use of the Lightning Network. 🔸On-chain payments from Lightning balances are still a challenge. 🔸Merchant adoption is essential for the growth of Lightning payments. 🔸NWC allows applications to communicate with wallets easily. 🔸Alby Go simplifies mobile payments for users. 🔸Self-custodial solutions are becoming easier to use. 🔸Education is key to increasing self-custodial adoption. 🔸The future of Bitcoin services will involve both custodial and self-custodial options. Timestamps: (00:00) - Intro (01:10) - What is Alby? (03:30) - What is the Alby Extension? (06:08) - Integrating Alby with Nostr, Zapping & Value-for-value economy (11:13) - Security for Alby as a browser extension (14:33) - What is Alby Hub? (18:52) - Sponsors (21:22) - Alby Cloud, LSPs & Channel management in Alby Hub (27:03)
S1 E621 · Mon, December 02, 2024
PlanC and Sminston to discuss the power law as it applies to Bitcoin. They explore the implications of power law on Bitcoin's price, volatility, and market dynamics, emphasizing its predictive capabilities and the diminishing returns over time. The conversation focuses on the technical aspects of power law, its historical accuracy, and potential factors that could disrupt its validity. The hosts also touch on the S-curve phenomenon in Bitcoin adoption and the overall health of the Bitcoin market. Bitcoin's price projections, the concept of extended cycles, and the implications of the power law on Bitcoin's future are a few things which are talked about too, along with stability of Bitcoin's price model, potential market fluctuations, and the impact of adoption and liquidity on Bitcoin's growth. Lastly, PlanC and Sminston emphasize the importance of understanding market dynamics and the historical patterns that Bitcoin has followed, providing insights for investors and enthusiasts alike. Takeaways 🔸Power law indicates diminishing returns for Bitcoin over time. 🔸Bitcoin's volatility has been decreasing systematically. 🔸The power law model has shown a 4.5% accuracy in price predictions. 🔸A significant event would be needed to disrupt Bitcoin's power law. 🔸The power law provides a more stable growth model compared to exponential growth. 🔸Bitcoin's adoption is a gradual process, not an overnight phenomenon. 🔸The R squared value of the power law is increasing, indicating better fit. 🔸Power law explains Bitcoin's price history with high accuracy. 🔸Market dynamics can fluctuate, but the power law remains intact. 🔸Understanding power law helps in making informed investment decisions. Bitcoin's price can fluctuate significantly, with projections ranging from 35k to 400k. 🔸The stability of Bitcoin's price model is largely established, with 95% confidence in projections. 🔸Adoption and liquidity cycles are crucial in determining Bitcoin's market behavior. 🔸The concept of extended cycles suggests that Bitcoin's growth may not follow traditional four-year patterns. 🔸Historical data shows that Bitcoin has followed a power law growth pattern, indicating long-term stability. 🔸Market dynamics are influenced by institutional adoption and liquidity conditions. 🔸The potential for a muted bear market exists, with less drastic price drops anticipated. 🔸Understanding the power law can provide insights into Bitcoin's future price movements. 🔸The conversation highlights the importance of data analysis in predicting market trends. 🔸Investors should remain aware of the evolving landscape of Bitcoin and its implications for the future. Timestamps: (00:00) - Intro (01:29) - How does Power Law apply to Bitcoin?; Comparing it to Saylor’s Bitcoin24 model projections (04
S1 E620 · Thu, November 28, 2024
Matthew Zipkin and Stacie Waleyko discuss the current state of Bitcoin open source development, the various layers of Bitcoin development, and the need for more contributors in the ecosystem. They emphasize the importance of education and innovative approaches to learning Bitcoin development, sharing success stories from their programs aimed at increasing participation in the Bitcoin community. In this conversation, Matthew and Stacie also share their insights on the various ways individuals can contribute to the Bitcoin ecosystem through the Bitcoin Developer Project (BDP). They explore the importance of personal passion in contributing to Bitcoin, the innovative educational tools and programs available for developers, and the diverse pathways for involvement in Bitcoin development. They also highlight key contributors in the community and the significance of collaboration and open-source contributions in advancing Bitcoin technology. Takeaways 🔸Bitcoin open source development is good but needs improvement. 🔸There are different layers of Bitcoin development: protocol, application, and layer two. 🔸The Bitcoin community is welcoming and encourages contributions from all backgrounds. 🔸Education is key to increasing the number of Bitcoin developers. 🔸Innovative learning tools can help demystify Bitcoin development. 🔸Success stories from programs show diverse backgrounds of contributors. 🔸The need for more funding and support for open source developers is critical. 🔸Understanding Bitcoin's technical side enhances belief in its value. 🔸The Bitcoin ecosystem is vast, yet the number of active developers is small. 🔸Creating engaging educational content is essential for attracting new contributors. 🔸Contributing to Bitcoin can be personalized based on individual passions. 🔸The Bitcoin Developer Project offers a welcoming environment for learners. 🔸Educational tools like BOSS and BTC Demi help ease the learning process. 🔸Active participation as a user can lead to contributions in open source. 🔸Diverse skills are needed in Bitcoin development, from coding to design. 🔸Innovative projects like Warnet simulate Bitcoin networks for research and education. 🔸Community contributions can lead to significant advancements in Bitcoin technology. 🔸The Bitcoin ecosystem thrives on collaboration and meritocracy. 🔸Starting with small contributions can lead to larger opportunities in Bitcoin. 🔸The importance of recognizing and supporting key contributors in the Bitcoin community. Timestamps: (00:00) - Intro (00:45) - Who are Matthew & Satsie? (01:48) - What is the current state of Bitcoin Open Source? (04:11) - What are the different types of Bitcoin Development? (09:18) - The need for more Bitcoin Developers (13:21) - How doe
S1 E619 · Mon, November 25, 2024
Sina, COO and co-founder of 21st Capital, discusses the application of power law in understanding Bitcoin's growth. He explains how his empirical research led to the development of a power law model that accurately describes Bitcoin's historical price behavior. The discussion delves into the mechanisms behind this model, the reliability of its predictions, and the impact of market maturity on Bitcoin's growth trajectory. Sina also introduces quantile models to provide a probabilistic view of future price predictions, emphasizing the importance of understanding market dynamics and investor behavior. They also discuss the evolving dynamics of Bitcoin mining, the impact of fiat inflation on Bitcoin valuation, and the significance of the power law in Bitcoin's growth. They deep dive into MicroStrategy's unique position in the Bitcoin market, analyzing its premium and market dynamics, and explore the future interplay between MicroStrategy and Bitcoin. Takeaways 🔸Power law models Bitcoin's growth behavior effectively. 🔸Adoption is a key driver of Bitcoin's value. 🔸Reliability of models can be assessed through R-squared values. 🔸Market maturity leads to reduced volatility in Bitcoin. 🔸Quantile models provide a probabilistic view of price predictions. 🔸Historical patterns can inform future expectations. 🔸Latecomers to the market have less impact on price. 🔸Bitcoin's growth is constrained by physical and psychological limits. 🔸ETF purchases are becoming more influential than mining. 🔸Understanding probabilities is crucial for realistic expectations. People are overemphasizing the mining factor in Bitcoin's price. 🔸Long-term holders play a significant role in Bitcoin's market dynamics. 🔸Fiat inflation can impact Bitcoin's nominal price but not its fundamental value. 🔸The power law provides a framework for understanding Bitcoin's growth. 🔸MicroStrategy's premium reflects its unique position in the market. 🔸Investors see MicroStrategy as a way to gain exposure to Bitcoin indirectly. 🔸MicroStrategy's financial engineering allows it to accumulate more Bitcoin over time. 🔸The premium on MicroStrategy shares may fluctuate with market conditions. 🔸Increased institutional interest in Bitcoin could benefit MicroStrategy. 🔸Self-custody remains a critical aspect of Bitcoin investment. Timestamps: (00:00) - Intro (00:54) - What is the Power Law? How does it apply to Bitcoin? (06:44) - Will Power Law patterns hold into the future? (10:09) - Evaluating the reliability of Power Law (15:40) - Does Power Law imply a diminishing return for Bitcoin? (21:08) - Sponsors (23:40) - Quantile models and Future price predictions (31:38) - The evolving dynamics of Bitcoin mining and sell-offs (34:24) - How does fiat inflat
S1 E618 · Fri, November 22, 2024
Tom Nelson discusses the misconceptions surrounding climate change, particularly the belief that carbon dioxide (CO2) is the primary driver of climate change. He argues that this notion is a significant part of a larger narrative that has been perpetuated for decades, leading to alarmism and extreme policies. The discussion also touches on the evolution of climate catastrophism, the implications of the net zero agenda, and the role of media and funding in shaping public perception. Nelson emphasizes the need for a more nuanced understanding of climate science and the importance of questioning prevailing narratives. Tom & Stephan also discuss the evolution of climate skepticism, the impact of urban heat islands on temperature records, and the misconceptions surrounding extreme weather events and climate change. Emphasis is also laid on the importance of debates in shaping public perception and critiques government subsidies for renewable energy sources. The discussion touches on the potential of Bitcoin as a means of financial freedom in the context of climate change narratives. Takeaways 🔸Carbon dioxide is just one of many factors affecting climate. 🔸Groupthink and power control drive climate alarmism. 🔸The narrative around climate change has evolved over decades. 🔸Net zero policies often lead to absurd consequences. 🔸Many climate policies are based on flawed assumptions. 🔸Public perception is influenced by media narratives. 🔸Funding for climate research often favors alarmist views. 🔸The complexity of climate science is often oversimplified. 🔸Bitcoin mining is unfairly criticized in climate discussions. 🔸There is potential for changing minds within the climate debate. Many well-known climate skeptics once believed in climate change. 🔸Starting with one lie can open up discussions about climate change. 🔸Legacy media's influence is diminishing as alternative media rises. 🔸The urban heat island effect significantly skews temperature records. 🔸Extreme weather events have always existed and are not solely due to climate change. 🔸Debates on climate change are often avoided by alarmists. 🔸Government subsidies for renewable energy are often misallocated. 🔸Fossil fuels are underfunded compared to renewable energy sources. 🔸Public perception of climate change is shifting towards skepticism. 🔸Bitcoin represents a potential shift in financial autonomy against climate narratives. Timestamps: (00:00) - Intro (02:12) - What drives Climate Catastrophism? (07:54) - What are the implications of the ‘Net Zero’ agenda? (12:16) - The role & consequences of media reporting on Climate Crisis (17:35) - Sponsors (23:24) - The Science Funding Dilemma (26:41) - Does Bitcoin mining cause bad weather conditions? (
S1 E617 · Tue, November 19, 2024
Joe Quirk, president of the Seasteading Institute, discusses the innovative concept of seasteading, which proposes creating floating societies on the ocean as a solution to the limitations of land-based governance. Quirk shares his personal journey into the world of seasteading, drawing parallels between cruise ships, Burning Man, and the potential for self-governing communities at sea. He explores the practicalities of building seasteads, the challenges faced, and the legal frameworks necessary for their success. The conversation also touches on sustainability, food production, and the economic viability of living on the ocean. He emphasizes the ecological benefits of building structures at sea, the innovative business models that can emerge, and the need for political autonomy. He also highlights the importance of material science and competition in developing sustainable structures that can withstand ocean conditions. Takeaways Seasteading offers a solution to the governance monopoly problem. Cruise ships exemplify successful self-governing societies. Variation and selection in governance can lead to progress. Experiences at Burning Man illustrate innovative social structures. Seasteads can be built using various materials and technologies. Legal frameworks are essential for the establishment of seasteads. Safety and sustainability are key considerations for ocean living. Food production on seasteads can include seaweed and seafood farming. Economic viability is crucial for the future of seasteading. Seasteading represents a new frontier for human innovation and governance. The ocean can support diverse life when solid structures are introduced. Seasteads require political autonomy to be truly effective. The future may see a proliferation of small, innovative nations at sea. Cruise ships serve as a model for future floating cities. Innovative business models can thrive in marine environments. Sustainable farming and biotech research can be more effective at sea. Material science is crucial for building durable seasteads. The ocean's diversity offers opportunities for new governance models. Seasteading can provide alternatives to traditional land governance. Support for seasteading initiatives is essential for their success. Timestamps: (00:00) - Intro (01:04) - What is Seasteading? (04:08) - How did Joe's experience at Burning Man inspire him to pursue Seasteading? (09:36) - The evolution of Governance and Social structures (14:53) - Challenges & innovations in Se
S1 E616 · Sat, November 16, 2024
Steve and Lyn delve into the complexities of Bitcoin consensus, discussing the motivations behind their project analyzing consensus risks in protocol upgrades. They explore the technical and economic aspects of Bitcoin, the evolution of its consensus mechanisms, and the various stakeholder groups involved in decision-making processes. The discussion also highlights the importance of awareness among Bitcoin users regarding potential changes and the historical context of contentious changes in Bitcoin's past. They explore the challenges of gaining adoption for alternative clients, the implications of activation methods for protocol changes, and the overall robustness of the Bitcoin network. The discussion also emphasizes the need for awareness and understanding of these dynamics to foster better decision-making within the Bitcoin community. Takeaways Understanding Bitcoin consensus is crucial for all stakeholders. Bitcoin's growth changes the dynamics of consensus. Different philosophies exist regarding Bitcoin's evolution. Investors need to be aware of consensus changes. Knowledge empowers Bitcoin users to make informed decisions. Stakeholder groups have varying powers and incentives. The Bitcoin community is evolving and requires ongoing education. Historical changes in Bitcoin provide lessons for the future. Soft forks present different challenges compared to hard forks. The project aims to be a living document for ongoing contributions. The Bitcoin network must have the option for alternative clients to ensure a healthy ecosystem. Gaining adoption for alternative clients is challenging and can lead to a fragile network. Investors hold significant power in determining the future of Bitcoin, especially during contentious changes. Self-custody investors have a unique advantage in navigating potential forks in the network. The method of activation for protocol changes is a contentious topic with no clear best practice. Bitcoin's governance is complex, and no single group has unilateral power over decisions. Awareness of governance dynamics can lead to better collective decision-making in the Bitcoin community. The separation of the consensus engine from the Bitcoin Core could facilitate alternative clients. The future of Bitcoin's consensus mechanism is uncertain and requires careful monitoring of stakeholder dynamics. The project discussed is an open-source initiative, inviting community engagement and improvements. Timestamps: (00:00) - Intro (00:40) - What is the objective of Bitcoin Consensus Analy
S1 E615 · Thu, November 14, 2024
Roman Martinez, Lexi & Stephan discuss the evolving real estate landscape in El Salvador, particularly in the context of Bitcoin adoption. They explore the motivations of various buyers, the impact of recent changes in infrastructure and regulations, and the unique challenges and opportunities present in the market. The conversation also touches on the importance of trust in real estate transactions and the varying expectations of foreign buyers regarding property quality and development. Lexi and Roman also discuss the experience of moving to El Salvador, highlighting cultural adjustments, healthcare quality, language integration, and the real estate market. They emphasize the importance of understanding local customs, the benefits of private healthcare, and the growing expat community. The podcast also covers the real estate landscape, including prices, investment opportunities, and the significance of discovery trips for potential expats. They conclude by addressing the risks associated with real estate investments and the importance of due diligence. Takeaways El Salvador's real estate market is evolving rapidly. Many buyers are looking for a 'plan B' due to safety concerns. Bitcoin adoption is influencing real estate investments. There are no property taxes in El Salvador, attracting investors. Bitcoin Beach is a key area for Bitcoin enthusiasts. Real estate transactions require trust and local knowledge. Expectations of property quality vary among foreign buyers. Pre-construction projects are gaining popularity. Education on Bitcoin is crucial for local adoption. Location is a critical factor in real estate investment decisions. Cultural understanding is crucial for expats in El Salvador. Healthcare in El Salvador can be better than in the US. Learning Spanish enhances the experience of living in El Salvador. Real estate prices have increased significantly in recent years. El Salvador offers a unique lifestyle that differs from Western norms. Discovery trips provide valuable insights for potential expats. The private healthcare system in El Salvador is highly accessible. Real estate investment requires careful consideration and due diligence. The expat community in El Salvador is growing and vibrant. El Salvador is seen as a country with potential for growth and opportunity. Timestamps: (00:00) - Intro (00:54) - What is Goodlife El Salvador?; El Salvador’s Real Estate landscape (04:05) - What is the Real Estate buyer persona in El Salvador? (05:52) - What motivates people to move to El Salvador
S1 E614 · Mon, November 11, 2024
In this conversation, Freddie New, general counsel at The Little Car and Head of Policy at Bitcoin Policy UK, discusses the evolution of Bitcoin regulation in the UK. He highlights the historical context of regulatory attitudes, the role of the Law Commission in recognizing Bitcoin as property, and the challenges posed by the Financial Conduct Authority (FCA). The conversation also touches on banking access issues, the impact of fraud concerns, and the future of Bitcoin custodianship. They also discuss the strategic reserve held by the UK government, regulatory challenges faced by Bitcoin exchanges, and the broader policy goals for Bitcoin advocacy. Freddie sheds light on the political landscape and the need for engagement with politicians to promote Bitcoin-friendly policies. Additionally, they address the ECB's recent criticisms of Bitcoin and contrast the regulatory approaches of the UK and EU. Takeaways Freddie New advocates for Bitcoin policy in the UK. The UK has a history of misunderstanding Bitcoin. The Law Commission has recognized Bitcoin as property. The FCA has restricted access to Bitcoin products. Fraud concerns impact banking access for Bitcoin users. Bitcoin is seen as a unique form of money. The government is becoming more positive about Bitcoin. Banks are primarily concerned with self-preservation. The FCA's stance is a significant barrier to adoption. Bitcoin is for both individuals and institutions. The UK holds 61,000 Bitcoin, making it the third largest holder. There is a need for the UK to capitalize on its Bitcoin holdings. Self-custody of Bitcoin must remain legal in the UK. Access to exchanges and banking services is crucial for Bitcoin adoption. The UK should explore the potential of Bitcoin mining using renewable energy. Political engagement is essential for Bitcoin advocacy in the UK. The ECB's criticisms of Bitcoin are fundamentally flawed. The UK and EU have different regulatory approaches to Bitcoin. Pension funds are beginning to allocate assets to Bitcoin. Support for Bitcoin Policy UK can help influence positive change. Timestamps: (00:00) - Intro (01:00) - Who is Freddie New? (03:26) - An overview of Bitcoin regulatory scenario in the UK (08:00) - The shift in perception: From criminality to legitimacy (17:23) - Are banking onramps/offramps to Bitcoin a hurdle in the UK? (21:13) - AML regulations & their Implications for Bitcoin (26:21) - Sponsors (32:08) - The FCA's resistance to Bitcoin adoption in the UK; Strategic Bitco
S1 E613 · Wed, November 06, 2024
Eric Yakes & Tyler Stevens join me to discuss their efforts to build a Bitcoin-focused community in Denver through various events, educational initiatives, and sustainable financial practices. Summary In this episode, Stephan Livera hosts Eric Yakes and Tyler Stevens to discuss the burgeoning Bitcoin community in Denver and their initiative to establish a dedicated Bitcoin space. They explore the dynamics of the local Bitcoin scene, the vision behind creating a community-driven hub, and the importance of governance and member engagement. The conversation also touches on the philosophy of creating a 'third place' for Bitcoin enthusiasts, comparing their efforts to similar initiatives like Bitcoin Park in Nashville, and outlining plans for coworking and events in their new space. In this conversation, Tyler and Eric emphasize the importance of documentation for leadership transitions, the need for financial sustainability, and the engagement of the developer community. They also share insights on creating educational opportunities and offer advice for others looking to establish similar community spaces. Takeaways The Bitcoin community in Denver is rapidly growing. Creating a Bitcoin space aims to bridge social and technical meetups. Community-driven governance fosters member engagement and influence. The 'third place' philosophy emphasizes a balanced community environment. The Denver Bitcoin space seeks to attract talent from the broader crypto community. The governance structure allows for member representation and influence. The space is designed to be a hub for education and events. The initiative aims to positively influence the local culture and economy. You need to motivate your local community. Timestamps: (00:00) - Intro (01:21) - The vibrant Bitcoin community in Denver; BitDevs (04:48) - What is Bitcoin Space? (09:21) - ‘The Third Place’ Philosophy in Bitcoin (14:45) - Similarities & differences between Bitcoin Space, Denver & Bitcoin Park, Nashville (15:54) - Community growth & member engagement in Bitcoin Space (18:57) - Sponsors (21:39) - Building community through Coworking & Events at Bitcoin Space (27:00) - Self-sustaining nature of leadership & importance of documentation (29:32) - Financial sustainability and Treasury management (32:36) - FOSS Developer community in Denver; Creating Educational initiatives (33:44) - Sponsors (42:15) - Advice for aspiring Community Builders (45:28) - Outro Includes Paid Partnerships Links: Eric Yakes: ht
S1 E612 · Tue, October 29, 2024
Here are some short interviews I did while at Lugano Plan B on a range of topics, from bitcoin ossification to block size, government regulation, the latest state of wallets, and mining decentralization with: Timestamps: (00:00) - Intro (01:01) - Jimmy Song, Bitcoin Expert (07:30) - John Carvalho, CEO at Synonym (12:51) - Sponsors (15:05) - Dennis Porter, CEO & Co-Founder Satoshi Action Fund (24:58) - Ben, Host of BTCsessions (31:54) - Sponsor (32:50) - Luke Dashjr, CTO OCEAN Mining (37:53) - Jameson Lopp, Co-founder & Chief Security Officer Cas (47:22) - Outro Links: https://x.com/LuganoPlanB https://x.com/jimmysong https://x.com/BitcoinErrorLog https://x.com/Dennis_Porter_ https://x.com/BTCsessions https://x.com/LukeDashjr https://x.com/lopp Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E607 · Sat, October 26, 2024
Fabian Jahr and Gloria Zhao rejoin me to discuss whether big projects can be done inside Bitcoin core. We delve into AssumeUTXO, ASMap, developer funding, and meritocracy in the developer community. Summary In this episode, Stephan discusses the upcoming Bitcoin Core version 28, its new features, and the ongoing development efforts with Fabian and Gloria. They delve into the pace of change within Bitcoin Core, the importance of communication and collaboration in software development, and the challenges faced by developers in getting projects approved. The conversation also covers the AssumeUTXO project, its implications for node operation, and the significance of funding and competing implementations in the Bitcoin ecosystem. The episode concludes with insights into future projects and the collaborative nature of Bitcoin development. Takeaways Bitcoin Core version 28 introduces exciting new features. The development process involves both small bug fixes and significant changes. Communication and collaboration are essential for project success. AssumeUTXO allows for quicker node synchronization. The decentralized nature of Bitcoin development presents unique challenges. Funding can influence project focus but should not dictate it. Competing implementations can complicate backward compatibility. Iterative development is crucial for large projects. Engaging the community early can lead to better outcomes. Future projects like ASMap and Cluster Mempool are on the horizon. Timestamps: (00:00) - Intro (00:32) - What to expect from Bitcoin Core V28.0? (05:10) - What should be the pace of change for Bitcoin Core? (11:15) - How does one decide which is a worthwhile project to work on? (14:15) - Why did it take so long for AssumeUTXO to go live? (20:38) - AssumeUTXO explained (22:04) - Sponsors (25:40) - BtcpayServer ‘s Fast Sync (27:36) - Developer funding landscape in Bitcoin; Working on FOSS (31:27) - What are the effects of having various implementations of Bitcoin Core? (35:05) - What does it take to successfully merge a PR? (37:31) - What is the ASMap project? (48:34) - Sponsor (49:58) - Importance of soft skills & meritocracy in Bitcoin’s developer community (1:00:13) - Upcoming projects; Closing thoughts Previous Episodes: ` SLP214 Pierre Rochard & Fabian Jahr – Where Are All The Bitcoins?: https://youtu.be/PQWy_UR9PzY SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club: <a hre
S1 E611 · Wed, October 23, 2024
Summary In this conversation, Keith Gardner from Branta, discusses the importance of security in Bitcoin transactions. Keith shares his background in engineering and how he became involved in Bitcoin after recognizing the complexities and risks associated with traditional finance. The discussion covers common phishing and address replacement attacks, the innovative solutions offered by Branta to enhance transaction security, and the future of Bitcoin in relation to mobile integration and privacy concerns. Keith emphasizes the need for user-friendly tools that can help prevent scams and ensure safe transactions in the evolving landscape of cryptocurrency. The discussion also covers long-term strategies for Bitcoin custody, innovations in software security, and key takeaways for individuals to safeguard their investments. Takeaways Keith Gardner transitioned from engineering to Bitcoin due to complexities in traditional finance. Branta was created to address the fear of losing Bitcoin through phishing attacks. Phishing and man-in-the-middle attacks are significant threats in Bitcoin transactions. Branta aims to provide a solution that verifies Bitcoin addresses before transactions. Mobile integration is a future goal for Branta, focusing on QR code technology. Branta operates as an invisible layer alongside existing wallets to enhance security. Privacy is a critical concern, and Branta ensures user data is protected. The software does not handle private keys or expose user Xpubs. Branta's future developments will include support for the Lightning Network. The goal is to make Bitcoin transactions safer and more user-friendly. Ensure secure transactions by verifying addresses before sending funds. Phishing attacks are prevalent; always guard your inbox. Education on security practices is crucial for crypto users. Creating friction in transactions can prevent impulsive decisions. Long-term strategies for Bitcoin custody are essential for security. Utilize multi-sig and cold storage for larger amounts of Bitcoin. Be cautious of urgency in requests for sensitive information. Nostra's web of trust can enhance security in transactions. Regularly check the authenticity of software before downloading. Treat your Bitcoin as if it were worth significantly more. Timestamps: (00:00) - Intro (00:36) - Keith’s background; What is Branta? (03:10) - Recent attack vectors on Bitcoin (Phishing and Address Replacement) (08:13) - Is Branta mobile friendly? (12:12) - Is Brant
S1 E610 · Fri, October 18, 2024
Harris Irfan, CEO Cordoba Capital Markets & Advisor at @OnrampMENA joins me to discuss challenges and opportunities within Islamic finance, ethics of finance in business and the intersection of Islamic finance and Bitcoin. Harris highlights building a financial system focused on real economy transactions, sharing insights on finance, custody, and Bitcoin investment. Summary In this conversation, Harris Irfan discusses his journey from conventional finance to Islamic finance and Bitcoin. He explores the challenges and opportunities within Islamic finance, particularly in relation to ethical finance and risk-sharing principles. The discussion delves into the intersection of Islamic finance and Bitcoin, highlighting the potential for Bitcoin to serve as a sound monetary system that aligns with Islamic principles. Harris emphasizes the importance of creating a financial system that prioritizes real economy transactions over speculative practices, and he shares insights on the future of finance, custody, and investment decisions in a Bitcoin standard. Takeaways Harris Irfan transitioned from conventional finance to Islamic finance and Bitcoin. Islamic finance emphasizes ethical finance and risk-sharing principles. Bitcoin is viewed as a modern form of sound money, potentially more Islamic than gold. The challenges of Islamic finance are exacerbated by the fiat banking system. Custody solutions for Bitcoin are evolving, with a focus on self-custody. Cultural perspectives on money influence the adoption of Bitcoin in Muslim communities. Trade finance can be structured to align incentives between investors and businesses. The VC industry may need to adapt to a sound money standard. Hurdle rates for investments will change in a Bitcoin economy. Optimism about the future of Bitcoin is essential for its growth. Timestamps: (00:00) - Intro (01:04) - Harris’s background with finance & Islamic banking (07:44) - Comparing Fiat banking with Islamic finance (12:06) - The intersection of Islamic finance and Bitcoin (18:21) - Custodying Bitcoin - Individuals vs. Trusted custodians (25:51) - What are misconceptions about Bitcoin among muslims? (30:20) - What are the cultural differences when operating on a Fiat Standard vs Sound Money Standard? (33:27) - What does it mean to share risk in finance? (39:12) - The viability of different financial models (45:35) - What would finance look like in a Full Reserve Bitcoin banking world? (54:17) - How does one navigate with morality & ethics in the current Fiat world? (59:00) - Bitcoin compared to hurdle rates in investment decisions (1:02:11) - Outro
S1 E609 · Mon, October 14, 2024
Summary In this episode, Kenji Tateiwa, CEO of Agile Energy X, discusses his extensive background in nuclear engineering and the impact of the Fukushima disaster on public perception of nuclear energy. He explains the innovative concept behind Agile Energy X, which leverages wasted renewable energy through Bitcoin mining to address curtailment and grid congestion issues in Japan. Kenji elaborates on the unique flexibility of Bitcoin mining as an energy buyer and its potential role in the future energy landscape, including the integration of circular economy principles. The conversation also touches on the challenges and opportunities in Japan's energy production, particularly regarding nuclear energy and the need for a diverse energy portfolio. Takeaways Kenji Tateiwa has a strong background in nuclear engineering. The Fukushima disaster significantly impacted public perception of nuclear energy. Agile Energy X aims to utilize wasted renewable energy through Bitcoin mining. Bitcoin mining can help solve curtailment and grid congestion issues. The concept of 'Megawatt to MegaHash' connects energy production to Bitcoin mining. Bitcoin mining is flexible and can be turned on and off as needed. AI data centers are less flexible compared to Bitcoin mining. Agile Energy X has a two-pronged strategy to hedge against market fluctuations. The circular economy can be integrated into energy solutions. Japan's energy future requires a diverse mix of energy sources. Timestamps: (00:00) - Intro (00:50) - Who is Kenji Tateiwa and what is TEPCO? (05:34) - What are the various components of energy markets? (06:30) - Fukushima and the perception of nuclear energy (09:42) - What is Agile Energy X & why was it created? (14:15) - Convincing TEPCO to mine Bitcoin; Solving the energy issue (16:14) - Understanding Curtailment and Grid Congestion (20:06) - Sponsors (23:10) - Megawatt to MegaHash: Bridging Energy and Bitcoin (25:42) - Bitcoin Mining vs. AI Data Centers (29:02) - The competitive landscape of Bitcoin mining (33:26) - Sponsors (37:58) - Challenges and opportunities in Nuclear Energy (42:12) - Curtailment of renewable energy could reach 42% in Japan by 2050? (45:41) - Scaling Bitcoin mining in Japan (47:02) - What is “The Ultimate Circular Economy”? (51:28) - The future of Japanese energy production (53:44) - The future of Agile Energy X Links: https://agileenergyx.co.jp/en/ Sponsors: </p
S1 E608 · Sat, October 05, 2024
Lawrence Lepard, Managing Partner, Equity Management Associates, joins me to discuss the national debt crisis, inflation, possible price suppression of hard assets and the contrasting roles of gold and Bitcoin as sound money. Summary In this conversation, Stephan Livera and Lawrence Lepard delve into pressing economic issues, including the national debt crisis, inflation, and the contrasting roles of gold and Bitcoin as sound money. They discuss the implications of the upcoming US election on economic policies and the market dynamics of gold and Bitcoin. The conversation also touches on the potential for economic suppression and the future predictions for both gold and Bitcoin in light of current financial trends. Takeaways The national debt is accelerating and poses a significant risk. Inflation is likely to rise again due to government policies. Gold is currently viewed as a safe haven, but Bitcoin is seen as the future of sound money. The upcoming US election could have major implications for Bitcoin and economic policies. Gold ETFs have been shrinking while Bitcoin ETFs are growing, indicating a generational shift in investment. The suppression of gold prices has been a long-standing issue, but Bitcoin may not face the same challenges yet. Future predictions suggest Bitcoin could reach $300,000 and gold could hit $5,000 in the next economic crisis. The need for sound money is becoming increasingly urgent as the dollar loses value. A monetary reset may be necessary to address the current economic challenges. Investors should consider diversifying into sound money assets like Bitcoin and gold. Timestamps: (00:00) - Intro (01:09) - US Govt. debt spiraling out of control (07:17) - Gold’s reaction to crisis (10:14) - Is inflation inevitable?; Managing interest rates (18:24) - CPI & asset inflation; Overvaluation of assets (24:18) - Sponsors (26:34) - Who is buying the Gold?; Gold vs. Bitcoin (31:10) - Sponsors (33:12) - What does the US election mean for Bitcoin? (40:10) - What would cutting the size of the state look like? (45:58) - The significance of Bitcoin advocacy (48:43) - Gold & Bitcoin price suppression? (55:00) - Possible Executive order on Bitcoin in the future? (57:07) - Will ‘The Next Big Print’ send Bitcoin to $350K? Links: https://x.com/LawrenceLepard https://ema2.com/ Sponsors:
S1 E606 · Sun, September 29, 2024
After a long and choppy bull-crab market, Dr. Ross notes that the bull market is here! Dr. Jeff Ross, founder, Vailshire Capital Management, joins me to discuss the ongoing sentiment in the markets, global liquidity, pitfalls and opportunities of this bull cycle, holistic living and more! Summary In this conversation, Dr. Jeff Ross discusses his transition from a bearish to a bullish outlook on Bitcoin and the broader market, emphasizing the importance of liquidity and central bank policies. He explains how liquidity flows impact asset prices, particularly Bitcoin, and outlines his predictions for economic growth and market behavior in the coming years. The discussion also touches on wealth inequality, the role of Bitcoin in addressing economic disparities, and strategies for investors, including the controversial 8% withdrawal rate for Bitcoin holders. Takeaways Liquidity is the key driver of asset prices. The transition from bear to bull markets is influenced by liquidity flows. Central banks play a significant role in market dynamics. Bitcoin is seen as a solution to wealth inequality. The US dollar remains the strongest currency despite global challenges. High liquidity environments lead to increased risk-taking behavior. Investors should consider Bitcoin as a significant part of their portfolio. Timing the market can be beneficial for fund managers but not for regular investors. The 8% withdrawal rate is reasonable for Bitcoin holders. Future economic growth may surprise - to the upside. Timestamps: Timestamps: (00:00) - Intro (00:48) - Why is Dr. Jeff bullish?; Shift from bull-crab to bull (03:29) - The significance of M2 Money Supply & Global Liquidity (07:44) - Will the Fed rate cut increase asset prices? (10:38) - Liquidity into 2025? (16:09) - Recession fear overblown? (22:05) - Ever-increasing US Govt. debt and currency collapse across the world (30:07) - “Easy money begets stupid & risky behavior” (37:35) - Detachment of Bitcoin halving cycles from other major cycles (40:10) - Bhutan on a Bitcoin stacking spree; Changing world-order (44:01) - How do Gold & Bitcoin perform in a high liquidity environment? (47:23) - Asset allocation wrt Bitcoin for Institutional investors (53:23) - $475K Bitcoin target in play? (57:12) - Caution to take during a bull cycle (1:00:47) - Financial independence & 8% Withdrawal Rate? (1:07:24) - Closing thoughts Links: drjeff@nostrplebs.com <a href="https:
S1 E605 · Mon, September 23, 2024
Andy Edstrom, Head of Managed Wealth at Onramp Bitcoin rejoins me to discuss the govt. debt levels, retirement planning on Bitcoin, price modeling, risks of leverage yield on Bitcoin and more! Summary In this episode, Andy Edstrom returns to discuss the evolution of Bitcoin since their last conversation, touching on price modeling, the risks of leverage, and the future of Bitcoin loans. They explore the implications of government debt, the role of gold, and the potential for yield in a Bitcoin standard. The conversation emphasizes the importance of understanding market dynamics and preparing for various economic scenarios. Takeaways Bitcoin's evolution has led to increased participation and conversation on the world stage. Price modeling in Bitcoin is fraught with challenges and often fails to predict future movements. Leverage in Bitcoin can lead to significant losses, as seen in past market downturns. The future of Bitcoin loans is uncertain, with a need for better credit analysis and terms. Retirement planning in a Bitcoin world requires careful consideration of inflation and spending habits. Government debt is at an all-time high, raising concerns about future economic stability. Gold still plays a role in the financial landscape, but Bitcoin is seen as the future. Yield may still exist under a Bitcoin standard, but it will differ from current fiat systems. The importance of maintaining on-ramps and off-ramps for Bitcoin in the future cannot be overstated. Expect wild times ahead as economic conditions continue to evolve. Timestamps: (00:00) - Intro (01:14) - How has Bitcoin changed since 2019? (04:12) - How significant are Bitcoin Price Models? (11:28) - Preparing for all possible scenarios when Bitcoin price appreciates (14:27) - Should you time the market?; Volatility, Retirement and Tax events to consider. (22:01) - How has the market for leverage on Bitcoin evolved? (27:45) - Sponsors (30:40) - The case for loans with Bitcoin as a collateral (38:04) - Retirement planning and achieving FIRE with Bitcoin? (43:20) - Bitcoin on its way to $400K? (50:14) - The instability of the growing US Govt. Debt - what happens next? (55:25) - Sponsors (57:47) - The Haves and the Have Nots; Overvaluation of property markets (1:01:57) - What does yield look like on a Bitcoin Standard? (1:13:22) - Closing thoughts Links: https://x.com/edstromandrew https://www.amazon.com/Books-Andy-E
S1 E604 · Thu, September 19, 2024
With growing institutional adoption of Bitcoin through custodians, investors will demand transparency through ‘Proof of Reserves’. Alexander Leishman, CEO & CTO, River joins me to discuss more of the institutional adoption of Bitcoin, Coinbase’s hesitation towards Proof of Reserves, US Govt. debt and more. Summary In this episode of the Stephan Livera podcast, host Stephan speaks with Alex Leishman, CEO and CTO of River, about various topics surrounding Bitcoin, including the current state of exchanges like Coinbase, the importance of proof of reserves, and the growing adoption of Bitcoin among businesses. They discuss the implications of stablecoins, the comparison between Bitcoin and gold, and the future of Bitcoin technology. Alex emphasizes the need for transparency in the industry and the importance of maintaining a solid foundation for Bitcoin's development. Takeaways Coinbase likely has the coins they claim, but proof is needed. Proof of reserves should include liabilities for full transparency. Bitcoin adoption is growing among businesses of all sizes. Stablecoins serve as a necessary tool for many users. The future of Bitcoin as a store of value is promising. Gold's historical significance may not hold against Bitcoin's advantages. Self-custody remains a challenge for many Bitcoin users. Bitcoin technology is evolving, focusing on reliability and security. The political landscape may influence Bitcoin's regulatory environment. Community education is crucial for fostering trust in custodians. Timestamps: (00:00) - Intro (00:34) - Does Coinbase hold all the Bitcoin they claim to? (02:33) - What happens when liabilities are more than assets? (06:44) - @River ‘s Proof of Reserves - Explained (10:32) - How does Proof of Reserves mitigate the risk of ‘Paper Bitcoin’? (12:07) - Sponsors (14:22) - Why Proof of Reserves could be difficult to implement for Coinbase? (17:56) - Why Business Bitcoin adoption grew by 30% in 1 year (21:30) - The increasing US Govt. debt & the role of Bitcoin (23:08) - Gold vs Bitcoin (26:32) - Risks of centralization of Bitcoin custody through ETFs (30:45) - Sponsor (34:15) - Bitcoin’s role in commerce - Store of Value of Medium of Exchange? (38:00) - Does Bitcoin need an upgrade? (41:24) - Are stablecoins a hindrance to Bitcoin adoption? (47:20) - US Presidential election affecting Bitcoin (52:56) - Way forward with Bitcoin Development (56:45) - Closing thoughts Links: https://x.com/Leishman <a href="https://x
S1 E603 · Fri, September 13, 2024
Secession may seem like a dirty word, but it has happened many times in history and it’s worth understanding the political and economic benefits it can yield. Ryan McMaken, Executive Editor and Economist at the Mises Institute joins me to discuss his book, Breaking Away. Summary In this conversation, Stephan and Ryan McMaken discuss the topic of secession and its advantages. They explore the historical and theoretical context of secession, highlighting the benefits of radical decentralization and the success of small, economically prosperous states. They also examine the conditions that enable breakaway states, including economic factors, military power, and ethnic or nationalistic identity. The conversation emphasizes the need for people to come to terms with the reality that the federal government cannot offer long-term economic prosperity and that unity does not necessarily mean shared values or interests. The conversation explores the challenges and potential solutions related to secession and breakaway movements. It discusses the negotiation process for exiting a larger government entity, the impact on national debt and pension obligations, and the historical examples of successful secession. The conversation also touches on the Brexit movement and the potential for secession movements in the United States. It emphasizes the importance of developing competing elites at the state level and gradually asserting more local control over policies and resources. Takeaways Radical decentralization and the success of small, economically prosperous states are key advantages of secession. Breakaway states often emerge when the benefits of political unity no longer outweigh the benefits of separation. Conditions that enable secession include economic factors, military power, and ethnic or nationalistic identity. The federal government cannot guarantee long-term economic prosperity, and unity does not necessarily mean shared values or interests. Secession and breakaway movements require careful negotiation, especially regarding national debt and pension obligations. Historical examples show that debt write-downs and negotiations are common in secession processes. Brexit can be seen as a failure or a missed opportunity, depending on one's perspective. Competing elites at the state level can challenge the entrenched interests of the federal government. Gradual steps, such as asserting control over border policy and creating state-level institutions, can pave the way for secession. Developing local revenue sources is crucial to reduce reliance on federal funds and assert more autonomy. Timestamps: (00:00) - Intro (01:00) - What is Secession and why care a
S1 E602 · Wed, September 11, 2024
My friend Pierre Rochard (VP Research at Riot Platforms) rejoins me on the show to discuss some of his latest views. Summary In this conversation, Stephan and Pierre discuss the concept of long-term savings in Bitcoin and its product-market fit. Pierre introduces a metric for measuring long-term savings by looking at the age of UTXOs (unspent transaction outputs). They also explore the idea of rebalancing and the importance of aligning financial decisions with personal goals. The conversation then shifts to the challenges of running a profitable business in a Bitcoin standard and the role of passive index equity investing in a hyper Bitcoinized world. Further, Pierre and Stephan discuss the implications of individuals and governments holding Bitcoin. They explore the idea of investing time in Bitcoin rather than just money, and how businesses can leverage Bitcoin without large capital investments. They also touch on the moral implications of educating others about Bitcoin and the potential cultural changes that may occur on a Bitcoin standard. The conversation concludes with a discussion on government adoption of Bitcoin and the impact it may have on society. Takeaways Bitcoin has found product-market fit in the area of long-term savings, as evidenced by the increasing number of UTXOs that have not moved in more than a year. The age of Bitcoin UTXOs can provide insights into the behavior of hodlers and the overall health of the Bitcoin network. Rebalancing should be driven by personal goals and values, rather than trying to time the market or follow others' advice. In a Bitcoin standard, it may be challenging for businesses to outperform Bitcoin in terms of returns, but there may still be a role for active investing and supporting entrepreneurial ventures. Passive index equity investing may become less prevalent in a hyper Bitcoinized world, as individuals prioritize holding Bitcoin and investing in businesses they are actively involved in. Investing time in Bitcoin can be just as valuable as investing money. Businesses can leverage Bitcoin without large capital investments. Educating others about Bitcoin is important, but it's not necessary to force people onto the Bitcoin journey. Cultural changes on a Bitcoin standard may include a shift towards lower time preference and more focus on family and spirituality. Government adoption of Bitcoin can move them away from being a state and towards a more decentralized entity. The amount of Bitcoin a government holds should be based on their immediate needs and the uncertainty of the future. Government adoption of Bitcoin can accelerate Bitcoin adoption among individuals. The moral implications of the government hol
S1 E601 · Mon, September 09, 2024
Tankred Hase has experience working with various Bitcoin and Lightning companies such as Lightning Labs and Swan previously. He joins me to talk about Bitcoin, Lightning and Liquid. We discuss some of the real world challenges and trade offs that builders and developers face, as well as the likely path forward from here. Summary Tankred discusses the current state of Bitcoin, Lightning, and Liquid development. He highlights the progress made in terms of user experience and liquidity. However, he also acknowledges the challenges that still need to be addressed, such as capital gains taxes, technical hurdles, and the need for more user-friendly solutions. Tankred emphasizes the importance of having multiple options for using Bitcoin as money, including custodial solutions, Liquid, and trust-minimized solutions like Fedimint. He also discusses the trade-offs involved in designing user-friendly Bitcoin and Lightning apps. Tankred and Stephan discuss the different trade-offs and options available in the Bitcoin ecosystem, particularly in the context of Lightning Network and Liquid. They highlight that while some Bitcoin enthusiasts prioritize non-custodial and pure Bitcoin solutions, many users, especially in regions like Dubai, Turkey, and South America, opt for custodial exchanges like Binance for their convenience. Tankred introduces StashPay, a solution that leverages the Breeze SDK and Liquid to offer lower fees for receiving payments. They also discuss the future of Lightning, including broader adoption of Bolt 12, asynchronous payments, and improved privacy for receivers. Takeaways Bitcoin and Lightning have made significant progress in terms of user experience and liquidity. There are still challenges to be addressed, such as capital gains taxes and technical hurdles. Having multiple options for using Bitcoin as money, including custodial solutions, Liquid, and trust-minimized solutions, is important for broader adoption. Designing user-friendly Bitcoin and Lightning apps requires making trade-offs and understanding the needs of different user populations. Users in the Bitcoin ecosystem have different preferences and priorities when it comes to trade-offs and options. Custodial exchanges like Binance are popular for their convenience, even among Bitcoin enthusiasts. StashPay, using the Breeze SDK and Liquid, offers a solution with lower fees for receiving payments. The future of Lightning includes broader adoption of Bolt 12, asynchronous payments, and improved privacy for receivers. Timestamps: (00:00) - Intro (00:43) - Current state of Bitcoin, Lightning, Liquid development (02:10) - Does the market support Bitcoin as a Medium of Exchange yet? (05:20) - What stops people spendin
S1 E600 · Thu, August 29, 2024
Philipp Bagus rejoins me to discuss his newest book, ‘Full Reserve Banking versus The Real Bills Doctrine’. This is his response to Juan Ramón Rallo, and in it we discuss: 🔸 The currency school and the banking school 🔸The problem of ‘double availability’ 🔸Why the creation of fiduciary media is a problem 🔸The correct categorization of goods and money 🔸Full Reserve in a Bitcoin world? 🔸Milei’s work in Argentina Summary: In this conversation, Stephan interviews Dr. Philipp Bagus about the full reserve banking versus the real bills doctrine. They discuss: The importance of the fractional reserve banking system and its impact on the monetary system and society as a whole. The historical context of the currency school versus the banking school debate in the 19th century. The concept of double availability and its implications for the stability of the money supply. The real bills doctrine and its justification for fractional reserve banking. The categorization issues surrounding money and financial assets. In this conversation, Philipp Bagus discusses the flaws of fractional reserve banking and the importance of understanding the distinction between stock and flow of savings. He explains that holding fiduciary media, such as government bonds, does not count as real savings because it involves credit transactions and does not free up consumer goods. Bagus also explores the potential for banking systems to evolve on top of Bitcoin, highlighting the need for full reserves and the importance of legal enforcement to prevent fraud. He concludes by discussing the economic and political challenges faced by Argentina's President Javier Milei. Takeaways: Fractional reserve banking, where banks create new money out of thin air, is a major problem in the monetary system and has far-reaching ramifications. The debate between full reserve banking and fractional reserve banking has historical roots and has been a topic of discussion among Austrian economists. The concept of double availability is crucial in understanding the distinction between loans and deposits, and the potential for credit expansion and business cycles. The real bills doctrine, which justifies fractional reserve banking, is based on the idea that banks can issue short-term loans backed by goods, but it fails to address the inherent problems of credit expansion. Money is not a financial asset, but a present good that facilitates exchange and reduces uncertainty. It is distinct from financial assets and should be categorized separately. Understanding the distinction between stock and flow of savings is crucial in evaluating the flaws of fractional reserve banking. Hol
S1 E599 · Wed, August 21, 2024
Bitcoin security, especially during the upcoming bull run, is extremely important. In this high powered hardware security panel episode featuring NVK, Craig Raw, Rearden, Salvatoshi, AddBTC, we discuss the key trade offs of bitcoin hardware security. 🔸What are the implications of Dark Skippy? 🔸What are some of the most common ways people lose their coins? 🔸Risks of USB in hardware wallets 🔸Standardization & inspection of wallets Summary The panel discusses the recent Dark Skippy attack and its implications for Bitcoin security. They emphasize the importance of considering the entire threat model and the various ways in which users can lose their coins. The conversation touches on topics such as bad backups, social attacks, exchanges, and computer and phone vulnerabilities. They highlight the trade-offs involved in hardware security and the need for a balance between security, privacy, and user experience. The conversation explores the security considerations and trade-offs in hardware wallets for Bitcoin. The participants discuss the risks associated with USB connections, the vulnerabilities of counterfeit devices, the importance of trust on first use, and the role of social security in the Bitcoin ecosystem. They also touch on the need for standardized protocols, the challenges of inspectability, and the importance of a holistic approach to security. The conversation concludes with a reminder to not panic and to choose a hardware wallet that suits individual needs and preferences. Takeaways Consider the entire threat model when evaluating Bitcoin security. There are multiple ways users can lose their coins, including bad backups, social attacks, and vulnerabilities in computers and phones. Entropy plays a crucial role in key generation and signing. USB connections pose significant risks and may not be adequately secure. Hardware security involves trade-offs between security, privacy, and user experience. USB connections pose security risks due to the potential for exfiltration of sensitive information. Counterfeit devices, such as counterfeit FTDI UART to USB converters, can introduce vulnerabilities. Trust on first use is crucial in hardware wallets, as it establishes a secure foundation for subsequent operations. The Bitcoin ecosystem relies on a combination of technical security measures and social security practices. Standardized protocols and open standards are important for interoperability and reducing vendor dependence. Inspectability of software updates and communication processes is essential for maintaining security. A holistic approach to security considers factors such as usability, privacy, and user experience.
S1 E598 · Sun, August 18, 2024
Sahil Chaturvedi, Designer at Foundry joins me to share his experience of getting on zero fiat and fully embracing Bitcoin as a unit of account. We discuss: 🔸#GetOnZero fiat 🔸Tools required to crossover 🔸Tax implications 🔸Weathering volatility 🔸Using intermediaries to live on a Bitcoin Standard Summary Sahil discusses the concept of 'Get On Zero' and the reasons behind it. The conversation explores the concept of 'get on zero,' which means minimizing fiat currency holdings and maximizing Bitcoin holdings. He explains that the idea originated from a Twitter space conversation and grew into a community discussing tactics and strategies for minimizing the amount of fiat currency held. Sahil emphasizes the importance of rethinking the function of fiat currency and considering it as a payment rail to move Bitcoin rather than an asset to hold. He also addresses objections related to fiat-denominated obligations, volatility, and the perception of being a hardcore Bitcoiner. Sahil highlights the need for specific tooling, including interfaces with the legacy system, instant conversions between fiat and Bitcoin, fiat cards that auto-convert Bitcoin balances, and tax automation. Sahil explains that he personally holds 100% Bitcoin and sees it as a simple and beautiful way to manage his finances. He addresses the tax implications of using Bitcoin as a currency, emphasizing that capital gains tax is only applicable when there is a gain compared to holding fiat currency. Sahil also discusses the challenges and considerations for individuals, families, and businesses in adopting the 'get on zero' approach. Takeaways ‘Get On Zero’ is the concept of minimizing the amount of fiat currency held and rethinking the function of fiat as a payment rail to move Bitcoin. Objections related to fiat-denominated obligations can be addressed by considering the function of fiat currency and converting at the last millisecond. Volatility is a consideration, and building up a balance of savings is important to weather volatility. Specific tooling, such as interfaces with the legacy system, instant conversions, fiat cards, and tax automation, is necessary to achieve #GetOnZero. The 'get on zero' approach involves minimizing fiat currency holdings and maximizing Bitcoin holdings. Using Bitcoin as a currency can simplify financial management and eliminate the need to constantly buy and sell assets. Capital gains tax is only applicable when there is a gain compared to holding fiat currency. Tooling and technology play a crucial role in enabling individuals and businesses to adopt the 'get on zero' approach. Considerations for families and businesses include tooling, income vs. expenses, and the need for a cash balance for stability
S1 E597 · Wed, August 14, 2024
Dark Skippy is a new attack that in theory, makes it much easier for a malicious person to steal your coins. Listen in to learn about some of the ins and outs here, as well as mitigation and the path forward for the industry from @utxoclub , @LLFOURN & @robin_linus . Why air gapping is not the be all end all Dark Skippy in context with other attacks Security while signing transactions, and security while generating keys RFC6979 Deterministic nonce generation Updating PSBT to help mitigate this attack Summary The conversation discusses the ‘Dark Skippy’ attack, a new method for leaking secret keys from a malicious signing device. The attack takes advantage of the nonces used in the Schnorr and ECDSA signature schemes. The new attack vector can potentially extract private keys and seed words from hardware wallets. The attack targets the nonce generation process during key generation and signing. The previous versions of this attack were inefficient, but Dark Skippy improves upon them. The contributors explain how the attack came about and its implications for hardware wallet security. They also discuss the RFC6979 deterministic nonce generation and the concept of anti-klepto signing protocols as mitigations against the attack. While Dark Skippy is a sophisticated attack, it requires a high level of expertise and is not currently seen in the wild. The discussion highlights the importance of secure boot, upgrading the Partially Signed Bitcoin Transaction (PSBT) process, and improving the randomness of upfront key generation as potential mitigations. However, it is emphasized that current reputable hardware wallets still provide a high level of security, and there is no immediate action required for users. Takeaways Dark Skippy is a new attack that leaks secret keys from a malicious signing device. The attack exploits the nonces used in the Schnorr and ECDSA signature schemes. Previous versions of this attack were inefficient, but Dark Skippy improves upon them. Mitigations against the attack include the RFC6979 deterministic nonce generation and anti-klepto signing protocols. Dark Skippy is a sophisticated attack that targets the nonce generation process during key generation and signing. Mitigations for Dark Skippy include implementing secure boot, upgrading the PSBT process, and improving the randomness of upfront key generation. Reputable hardware wallets currently provide a high level of security, and there is no immediate action required for users. The discussion highlights the importance of ongoing research and development to enhance the security of hardware wallets and protect against potential future attacks. Tim
S1 E596 · Fri, August 09, 2024
Just like how English is the international language of business, Bitcoin’s lightning network is how various layers and apps and products will ‘talk’ to each other. Roy Sheinfeld, founder and CEO of Breez (@Breez_Tech) rejoins me to talk about updates in lightning and what’s new with Breez SDK. We discuss the various layers and ways of interacting with Bitcoin and lightning, using Liquid (@Liquid_BTC) with swaps, and Bitcoin as a medium of exchange. Summary: In this conversation, Stephan and Roy discuss the current state of Bitcoin and Lightning. They explore the contrasting narratives of Lightning startups shutting down and new partnerships being formed. Roy emphasizes that Lightning is a manifestation of the payments use case of Bitcoin and that the majority of Bitcoin usage is still for trading and as an asset. He believes that the value proposition of Bitcoin lies in its potential as peer-to-peer electronic cash. They also discuss the role of custodial and non-custodial solutions, the regulatory landscape, and the control exerted by governments and private companies. Roy argues that Lightning is the common language of the Bitcoin economy, enabling interoperability between different subnetworks and protocols. He highlights the importance of Lightning as a rail for communication and the incentives for moving Bitcoin within the Lightning network. Breez is working on integrating Lightning Network into existing applications to make Bitcoin more accessible and usable. They have developed the Breez SDK, which allows developers to easily integrate Lightning functionality into their apps. Breez offers two implementations: Greenlight, which is a pure Lightning implementation, and Liquid, which is a nodeless implementation of Lightning using the Liquid sidechain. The goal is to provide a seamless user experience for Lightning transactions and make Bitcoin a common language for payments. Breez is also exploring hybrid solutions and partnerships to expand the adoption of Lightning. Key Takeaways: The majority of Bitcoin usage is currently for trading and as an asset, but the value proposition lies in its potential as peer-to-peer electronic cash. Lightning is the common language of the Bitcoin economy, enabling interoperability between different subnetworks and protocols. There is a need for both custodial and non-custodial solutions, with a growing focus on self-custodial options. The regulatory landscape and control exerted by governments and private companies pose challenges to the use of Bitcoin as a medium of exchange. Incentives within the Lightning network encourage the movement of Bitcoin and the use of Lightning as a rail for communication. Breez is focused on integrating Lightning Network into existing applications to make Bitcoin more accessible and usable.
S1 E595 · Tue, August 06, 2024
Thunder Funder is a new funding portal by Mike Jarmuz (CEO) and Rockstar Dev (CTO). This will be a new way to allow retail investors to participate in bitcoin company equity rounds. Muzz and I discuss the ins and outs of what this means, as well as what it could mean for bitcoin and open source companies. Timestamps: (00:00) - Intro (00:55) - Overview of Lightning Ventures & Thunder Funder (12:15) - Sponsor (13:50) - Pros and cons of investing in Bitcoin startups (19:28) - Liquidity, secondary transactions, Reg CF & overview of investing process (26:39) - Sponsor (27:30) - The etiquettes of information rights (32:02) - Carried interest (35:25) - Getting involved in the bitcoin startup ecosystem (39:17) - Open source funding opportunities (42:14) - Way forward for Thunder Funder Links: https://x.com/MikeJarmuz https://x.com/r0ckstardev https://x.com/ltngventures https://x.com/ThunderFunderCF https://thunderfunder.com/ Sponsors: CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E594 · Mon, July 29, 2024
Joining me is Antoine (@darosior), to discuss the latest developments around Liana and the growing importance of inheritance planning. We also delve into The Great Consensus clean up, important bug fixes and disclosure of Bitcoin core vulnerabilities. Timestamps: (00:00) - Intro (00:40) - The latest developments with Liana (02:16) - Inheritance planning with Liana (05:59) - What is The Great Consensus Clean up? (07:30) - What is the Timewarp bug? (15:51) - What would it take to fix the bug? (19:08) - Sponsors (21:08) - The Block Validation Problem (28:46) - The way forward with the fixes (31:23) - Sponsors (32:34) - Bitcoin core vulnerabilities (44:10) - Lesson from disclosures of Bitcoin core vulnerabilities (47:28) - Closing thoughts Links: https://x.com/darosior https://wizardsardine.com/liana/ https://delvingbitcoin.org/t/great-consensus-cleanup-revival/710 https://bitcoincore.org/en/2024/07/03/disclose-bip70-crash/ Sponsors: CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E593 · Mon, July 22, 2024
Can you retire on Bitcoin savings? What do the numbers look like? Morgen Rochard, Founder and Lead Financial Planner of Origin Wealth Advisers joins me to explain: The 4% rule and how to modify it Being conservative in your planning CPI inflation being hard to predict Do you rebalance? Timestamps: (00:00) - Intro (01:03) - 4% rule, Bitcoin & FIRE (04:41) - HODLers vs TradFi allocation (12:34) - Why you should be conservative with Bitcoin retirement (20:16) - What if you retire during a Bitcoin bull run? (22:24) - Sponsors (24:55) - Should you borrow against your Bitcoin stack? (31:41) - Where are the fiat financial planners going wrong? (37:34) - Separating Bitcoin from ‘Crypto’ (40:55) - The shift in sentiment about HODLing Bitcoin (42:39) - Sponsors (44:51) - Should you rebalance your Bitcoin allocation? (49:40) - Estimating currency debasement (56:12) - Bitcoin’s CAGR Links: https://bitcoinfinancialadvisorsnetwork.com/does-bitcoin-make-retirement-planning-obsolete/ https://x.com/MorgenRochard https://www.originwa.com/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E592 · Fri, July 19, 2024
The global fertility crisis is on with many western and developed nations below replacement fertility. Joining me to discuss this problem is Daniel Hess (aka @MoreBirths on X). Timestamps: (00:00) - Intro (00:54) - How bad is the global fertility crisis? (04:50) - Implications of low birth rate for future generations (09:54) - Causes for declining global rate of fertility (11:53) - Marriages affecting birth rate (15:38) - Religion affecting birth rate (17:36) - Fertility rate in the East (21:28) - The impact of government policies on fertility rate (25:47) - Sponsors (27:43) - Urban planning & fertility rates (32:40) - The impact of welfare state on fertility rates (36:00) - Taking cues from the fall of Roman empire (41:16) - Insights from the population curve of South Korea (45:05) - Sponsors (47:30) - The ‘3 Child Norm’ (52:57) - The lessons from ‘Baby Boomers’ (55:38) - Recalibrating expectations (59:13) - The importance of low time preference (1:04:00) - Deregulating childcare (1:14:20) - Outro Links: X.com/@morebirths Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E591 · Mon, July 15, 2024
Even as bitcoiners, we can’t deny that there is demand for ‘stablecoins’ or some kind of stable value feature. Tony Klausing, bitcoin and lightning developer joins me to talk about Stable Channels. This approach to stable value is self custodial, P2P, and bitcoin-native. We talk about the benefits, trade offs and who this would be suitable for. Timestamps: (00:00) - Intro (00:51) - Tony’s background (03:28) - Opportunity of Stable Channels (05:46) - Fiat-backed stablecoins Vs. Crypto-backed stablecoins(10:23) - Overview of Stable Channels (14:17) - Difference between DLCs & Stable Channels (18:02) - Stable Channels during varying BTC price scenarios (21:34) - Sponsors (23:49) - Who are Stable Channels for? (30:50) - Dual funding & splicing on Stable Channels (32:24) - How do participants of Stable Channels find each other? (38:22) - Addressing concerns around Stable Channels (41:12) - Sponsors (42:33) - Possible challenges for Stable Channels (46:43) - Payments on Stable Channels (52:07) - Is Stable Channels a ‘Quasi-decentralized exchange’? (53:57) - Lightning payment vs legacy financial payment (58:03) - Usability challenges (1:00:09) - Outro Links: https://x.com/tonklaus https://stablechannels.com/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E590 · Wed, July 10, 2024
Aleksandar Svetski (@SvetskiWrites) rejoins me to talk about his newest book, The Bushido of Bitcoin. We get into a discussion about: Anti-egalitarianism Virtues Why Bitcoiners should ‘stop being plebs’ The ascend & descend of civilisations Imbibing warrior culture in Bitcoin The masses and the remnant Timestamps: (00:00) - Intro (00:41) - Who is ‘The Bushido of Bitcoin’ for? (11:13) - The role of legitimate hierarchy (18:14) - The cyclical nature of civilisations (22:21) - Sponsors (25:20) - Choosing to opt out of a nation (30:29) - The pleb culture of Bitcoin (39:00) - Upholding virtues on a Bitcoin standard (42:53) - Sponsors (45:05) - Shaming as a morality check (49:17) - Retaining customs & norms in a new world on Bitcoin (53:17) - The masses and the remnant (59:35) - Natural elites in a free market (1:03:00) - Satlantis - travel & community social network (1:05:54) - Outro Links: https://x.com/SvetskiWrites https://www.bushidoofbitcoin.com/ Sponsors: Swan.com (code LIVERA) http://swan.com/livera CoinKite.com (code LIVERA) http://coinkite.com/ Mempool.space https://mempool.space/ Nomadcapitalist.com/apply https://nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera https://x.com/stephanlivera Subscribe to the podcast: https://plinkhq.com/i/1415720320 Subscribe to Substack: https://stephanlivera.substack.com/
S1 E589 · Sun, July 07, 2024
Jörg Guido Hülsmann is a Senior Fellow of the Mises Institute, and he rejoins me to discuss his latest book on Abundance, Generosity and the State. Bitcoiners like to spell out a lot of the social and cultural problems in the world today, and Dr Hülsmann is one of the leading lights in showing how fiat currency and government intervention have caused negative outcomes. We discuss the way gratuitous benefits come to us in a free market capitalist society, and the many ways government intervention can interrupt this process. Instead of having strong families, communities and private clubs that assist in making our lives better, the state disrupts this process and makes society poorer. Links: https://mises.org/library/book/abundance-generosity-and-state-inquiry-economic-principles Site: https://guidohulsmann.com/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E588 · Wed, July 03, 2024
Why are some bitcoin blocks empty? Orange Surf from the mempool.space team joins me to explain his recent research report on this topic. We discuss: Why do empty blocks happen? Comparing empty block rates across mining pools Firmware and config differences Timestamps: (00:00) - Intro (00:44) - Orange Surf’s research report on empty blocks (02:02) - Block interval data sets (06:25) - What is an empty block? (08:09) - What causes an empty block to occur? (11:35) - Nuances of a working of a miner; switching from empty to full block templates (14:05) - Differences in the empty block performance (19:01) - Antpool’s internal miner firmware (21:30) - Sponsors (25:00) - Effective management of block templates by mining pools (34:54) - Ocean's empty blocks (36:08) - Mining decentralisation and proxy pools (41:07) - Sponsors (42:14) - Mining templates & pool payouts (44:57) - Upcoming mempool features (49:06) - Outro Links: Empty Block Report: https://research.mempool.space/empty-block-report/ Pool Reserve: https://orange.surf/pool-reserves/ Enterprise: mempool.space/enterprise Community Sponsors: mempool.space/sponsor Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E587 · Mon, July 01, 2024
Art Finch is a South African-American Entrepreneur. Art has experience across South Asia and is interested in setting up Free Private Cities or Charter Cities. In this episode he shares his experiences in Bhutan and shares his theories on how Bitcoin and Free Private Cities can work together. Timestamps: (00:00) - Intro (01:28) - Art’s background & his interest in building a Free Private City (FPC) (10:50) - The need for a Free Private City (13:11) - A look at Shenzhen as an SEZ (16:20) - Education in an FPC context (20:08) - Sponsors (22:22) - Education in an FPC context (contd.) (26:11) - Setting up an FPC in Bhutan (33:56) - Bhutan’s leadership views on the FPC (41:41) - Sponsors (44:00) - Art’s insights on Bhutan & Bitcoin mining (46:08) - Potential FPCs in the future X clips: 07:18 - biggest risk to FPC 08:47 - 10:01 - Bhutan FPC in a nutshell 10:57 - 12:40 - need for FPC 18:08 - 20:08 - learning/self education, role of schools, start with one node and grow from there - similar to bitcoin 44:08 - 45:59 - Bitcoin progress in Bhutan - mining ops, Links: Article mentioned: https://www.forbes.com/sites/sarahemerson/2023/12/15/bhutan-futuristic-city-dragon-king/ Site: https://yungdrung.city/ Free Citadels profile: https://freecitadels.com/profile/art-finch/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E580 · Thu, June 27, 2024
While many debate the pros and cons of Bitcoin ETFs, joining us for this episode is Jeff Yew, CEO of Monochrome, doing a directly held Bitcoin ETF in Australia. We chat about the fees, the custody, the ethos, being able to contribute bitcoin or redeem bitcoin, institutional adoption and Bitcoin in Australia. Timestamps: (00:00) - Intro (00:53) - Monochrome’s role in bringing Bitcoin ETFs to Australia (02:48) - Timeline of different Bitcoin ETFs in Australia (03:58) - Influence of US Spot Bitcoin ETFs on the Australian Bitcoin ETFs (06:15) - Different types of Australian Bitcoin ETFs and implications for investors (13:32) - Fee structure of Monochrome (IBTC) Bitcoin ETF (19:00) - In-kind vs. Cash-create (24:55) - Loans against Bitcoin ETFs in the future? (29:05) - Buying Bitcoin on an exchange vs buying Bitcoin ETFs (31:48) - How does Monochrome store its Bitcoin? (33:37) - Sponsors (36:49) - Are institutions good for Bitcoin? (43:07) - Safety in numbers (46:53) - Bitcoin adoption in Australia compared to USA Links: https://x.com/jeffyew_ https://x.com/Monochromeasset Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E585 · Sat, June 22, 2024
You might have seen my earlier episode with Erick Brimen, CEO of Prospera, here’s the CFO of Prospera discussing the ability to use Bitcoin as a unit of account. We discuss: Life on Roatan Setting up a business Choose your own regulatory environment ZEDE law situation Bitcoin as unit of account Leaving Canada Timestamps: Links: https://prospera.hn/ https://stephanlivera.com/episode/464/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E584 · Tue, June 18, 2024
Tiero of Ark Labs joins me on the show to discuss the latest with Ark. We get into: How Ark has changed since initial proposal clARK - covenant-less ARK Trade offs to make clARK happen Which covenants would help vs what is ideal for Ark Ark on Liquid Capital requirements and costs Fiatcoins Nostr Timestamps: (00:00) - Intro (01:37) - What is Ark? ELI5 version (05:42) - Tradeoffs of scaling payments (07:41) - Interchangeably using LN & Ark under the hood (10:52) - Updates on Ark (13:57) - What are out-of-round payments? (17:48) - Trade Offs of out-of-round payments (19:45) - The fee structure in Ark (21:39) - Sponsors (24:15) - Who runs the ASPs? (28:55) - ‘Congestion control’ with Ark (33:06) - The role of covenants with Ark (39:44) - Ark on Liquid (41:20) - Sponsors (43:49) - The ideal covenant & its impact on Ark (48:00) - Thoughts on extreme conservatism on Bitcoin (52:55) - Way forward with Ark Labs (56:18) - Opportunities & threats of stablecoins on Ark? (1:02:39) - NIP46 & building Nostr Connect (1:06:40) - Summary & closing thoughts Links: https://twitter.com/tierotiero https://arklabs.to/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E583 · Wed, June 12, 2024
The bitcoin ‘ossification’ debate continues with a discussion on the key considerations. What makes Bitcoin special? What improvements are necessary to retain sufficient decentralisation, if any? Vijay Boyapati and Brandon Black (aka reardencode) rejoin me for a special episode to discuss: What makes Bitcoin special? Defining ‘ossification’ How many users is ‘enough’? Unknown unknowns Addressing centralising MEV concerns Soft forks and hard forks Economic nodes and who holds the power Where to from here Timestamps: (00:00) - Intro (01:54) - What makes Bitcoin Special? ft. Vijay (09:37) - Verifiability & decentralisation of Bitcoin ft. Brandon (14:31) - When do we stop ‘changing’ bitcoin? (15:17) - Revisiting the blocksize wars & importance of self sovereignty (20:45) - Libertarian principles of Bitcoin (23:48) - ‘Sufficiently decentralised’ Bitcoin (26:42) - Defining ‘Ossification’ of Bitcoin (30:56) - Sponsors (34:11) - Economic interests in upgrading Bitcoin nodes (43:40) - Bitcoin is a Trojan horse (47:15) - Can we rule out ‘Unknown unknowns'? (50:49) - Concerns over centralising MEV (1:00:17) - Whose chain is it anyway? (1:05:14) - Resisting soft forks and hard forks (1:16:49) - Closing Thoughts Links: X: @real_vijay Bullish Case for Bitcoin: Swan.com/bullish X: @reardencode Prior episodes: Rusty - Great Script Restoration Brandon Black - Are Covenants necessary for Bitcoin TXHASH Steven Roose Matt Corallo and Steve Lee Great Consensus Cleanup Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E582 · Fri, June 07, 2024
NVK of Coinkite rejoins me to talk about attitudes on Bitcoin development and consensus changes. We discuss how “ossification” is commonly thrown around as a term, but maybe there is a better term. “Extreme conservatism”? We talk: What is ossification? What about bug fixes? What changes would NVK be interested in? How many people will use Bitcoin? What the market is focused on It’s not your chain Links: X: @nvk Bitcoinsecurity.guide coinkite.com Unleashed.chat Timestamps: (00:00) - Intro (00:52) - Ossification and gardening (06:06) - Where are the ossifiers? (09:03) - Fixing bugs on the Bitcoin protocol (17:13) - Assessing BIPs & change proposals (23:53) - NVK on Bitcoin as SOV and/or MOE (31:47) - Sponsors (34:58) - “USD is the best shitcoin” (37:32) - The fate of other blockchains (45:41) - Putting Bitcoin on a pedestal? (49:32) - Gresham’s Law in context of Bitcoin (51:34) - Future path for Bitcoin (57:27) - Outro Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E581 · Tue, June 04, 2024
I recently spoke at Bitcoin Seoul 2024 and here are some interviews with some of the speakers: Calvin Kim on utreexo Gloria Zhao on Bitcoin Core and mempool Laolu on Taproot Assets and covenants Saifedean on Central Banking and tax cattle Obi Nwosu on Fedi Jimmy Song on Bitcoin in Korea Timestamps: (00:00) - Calvin Kim on importance of Bitcoin conferences (01:51) - Simplifying Utreexo (03:31) - What is Utreexod? (04:51) - Will node providers support Utreexo? (06:38) - Gloria Zhao on BIP431 (Truc) (08:15) - Implications of Truc (12:26) - What is mempool cluster? (14:08) - P2P encryption on Bitcoin core V27.0 (15:22) - Upcoming developments on Bitcoin core (18:04) - Sponsors(20:13) - Laolu (Roasbeef) on Taproot assets (25:29) - LSP Challenges on issuing stablecoins (28:21) - Views on covenants (31:51) - Ensuring protocol safety while enabling Opcodes (34:33) - Saifedean’s views on Bitcoin Seoul 2024 (34:44) - Central Bank behaving like a private organisation (40:21) - ‘The Keynesian Voodoo’ (46:35) - All roads lead to Bitcoin (48:26) - Sponsors (50:45) - Latest developments at Fedi with Obi Nwosu (52:23) - Role of the Fedimint Guardians (54:40) - Fees on Fedi (56:18) - Fedi’s Social backup and recovery model (58:26) - Risks of getting rugged (1:01:23) - Fedi is trust-reduced (1:03:11) - Jimmy Song’s views on Bitcoin Seoul 2024 (1:04:18) - Views on Bitcoin’s Technical developments (1:05:46) - Savings culture among Koreans & role of Bitcoin (1:09:16) - Outro Links: X: x.com/saifedean Saifedean episode: https://saifedean.com/podcast/222-central-banking-works X: x.com/glozow Bitcoin review club: https://bitcoincore.reviews/ BIP 431: https://github.com/bitcoin/bips/blob/master/bip-0431.mediawiki X: x.com/obi Fedi: https://www.fedi.xyz/ X: x.com/roasbeef Lightning Labs: https://lightning.engineering/ X: https://x.com/kcalvinalvinn Utreexod beta release: https://groups.google.com/g/bitcoindev/c/5GyV9af9lv4?pli=1 </p
S1 E580 · Sun, June 02, 2024
Walt Smith of cyber.fund joins me to discuss thoughts on MEV and where it may be going on Bitcoin. We discuss: Defining MEV 10 minute block time? Does it centralise Bitcoin? Suffering from success The approach on shitcoins and spam Timestamps: (00:00) - Intro (02:02) - Defining MEV (06:02) - Replace-by-fee (RBF) (11:01) - Concern regarding miner centralisation (18:56) - Growth of private mempool flow & MEV potential? (24:55) - Are mining pools transparent with fee payouts? (27:01) - Expressivity on Bitcoin (31:21) - Sponsors (35:24) - Does the 10 minute block time mitigate MEV? (40:27) - Is Bitcoin more than ‘money’? (46:05) - Fake L2's on Bitcoin (51:24) - Does MEV lead to miner centralisation? (56:15) - Closing thoughts on MEV Links: X: @waltjsmith X: @cyberFund_ Site: cyber.fund Article: The Spectre of MEV on Bitcoin Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E579 · Mon, May 27, 2024
Silent Payments is a new approach to improving privacy and useability of Bitcoin. Imagine not needing to manually create new addresses? Josibake and Ruben Somsen join me to discuss some of the ins and outs of Silent Payments. We discuss: Silent Payments overview Contrast with other techniques such as BIP47 Light client support Stopping address re use Base layer privacy discussion Links: X: @josibake X: @SomsenRuben BIP: Silent Payments Tracking progress in Bitcoin Core/libsecp256k1 Informational website from sethforprivacy : Privacy-preserving static addresses for Bitcoin Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps: (00:00) - Intro (01:01) - Overview of Silent Payments (SP) (03:15) - History of the SP idea & contrast with other methods Add more (14:36) - Current status of SP development & adoption (17:49) - Testing light clients for SP (21:50) - The Silent Payment Experience (26:31) - Light client support (31:20) - What is a light client? (38:05) - Sponsors (41:16) - Spend Key & Scan Key (42:37) - XPUB vs. Silent Payments (44:42) - Reducing address re-use with SP (49:29) - Labeling with Silent Payments (53:14) - Ease of use and compatibility with Lightning (57:03) - Overcoming the ‘silver bullet’ mindset (01:10:50) - Composability with Silent Payments (01:12:46) - Silent Payments summary (01:14:06) - Closing Thoughts
S1 E578 · Fri, May 24, 2024
Skot joins me to talk about his project to bring affordable, energy efficient, open source mining to home miners. We discuss: The current state of open source in bitcoin mining Bitaxe overview Why do people do this? Price and how to set one up Mining pools Decentralisation Links: X: @skot9000 Site: Bitaxe.org Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E577 · Wed, May 22, 2024
Rusty Russell rejoins me on the show to talk about a new idea for a bitcoin soft fork that hopefully avoids some of the ‘horse trading’ dynamic that existed amongst other proposals. Listen in to learn more about the different paradigm that Rusty introduces here, so that developers can build more functionality and efficiency in, hopefully so that more people can use Bitcoin in self-custody. Bitcoin Script background GSR overview GSR benefits What is varops Contrast with APO or LNHANCE? Will it enable shitcoins and spam? Relevant previous episodes: SLP565 Great Consensus Clean up, MEVil and LN isn’t dead – Steve Lee and Matt Corallo SLP573 A Shift in Bitcoin Developer Thought? with Brandon Black (aka reardencode) Links: Rusty’s BTC plus plus talk on GSR https://x.com/rusty_twit Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E576 · Tue, May 21, 2024
Dan Gould of the PayJoin Dev Kit (sponsored by Spiral and Opensats) joins me to discuss how Bitcoin privacy could be improved with more PayJoin adoption. What’s more, it might also benefit users in consolidating their wallets or potentially even fee savings. We discuss how this could be integrated into more bitcoin wallets. What is a PayJoin? How it helps privacy Other benefits in efficiency Downsides and trade offs Changes with the v2 PayJoin protocol PayJoin Directory Payjoin Dev Kit Links: X: @bitgould X: @payjoindevkit Site: PayjoinDevKit .org Site: Payjoin .org Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E575 · Fri, May 17, 2024
Adam Sullivan, CEO of Core Scientific joins me today as we chat about: Going through bankruptcy as a Bitcoin miner Debt financing Role of capital structure in mining What makes Core Scientific different? Centralisation of mining pools Fee dynamics going forward 2025 outlook on Mining Links: X: @_Adam_Sullivan1 Core Scientific: C ore s cientific.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E574 · Tue, May 14, 2024
Rapha Zagury, CIO of Swan and Head of Swan Mining rejoins me on the show to talk about a range of topics, from Brazil’s flooding, Bitcoin Mining, Capital Structure, as well as share some insights on speaking to TradFi professionals about Bitcoin. Links: X: @alphaazeta Site: S wan.com Site: N akamotoportfolio.com Nakamoto Gauntlet: The Nakamoto Portfolio Gauntlet Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E573 · Fri, May 10, 2024
As you may know, at the recent Bitcoin++ conference, there was a ‘meeting of the minds’ and Brandon Black aka reardencode rejoins me on the show to discuss. We talk about: The state of various covenant proposals What has shifted now in thinking The promise of Great Script Restoration Could it have bad side effects? Doing good engineering Links: X: @reardencode Bitcoin++: btcplusplus.dev Rusty’s talk: https://www.youtube.com/watch?v=rSp8918HLnA Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E572 · Wed, May 08, 2024
Miljan from Primal joins me to talk about why Bitcoiners should not sleep on Nostr. We chat: Why he’s bullish on nostr What the experience is like nowadays Network effects for creators and devs Dealing with spam and sybil Why Openness is the killer feature Links: X: @mbraticevic Site: P rimal.net Miljan’s Nostr npub: npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr Miljan’s Nostr: miljan@primal.net Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/ apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E571 · Sun, May 05, 2024
Peruvian Bull, a macro writer and commentator joins me to explain what’s happening with the Japanese economy and how it all ties in with the dollar end game. We discuss: The impossible trinity for Japan Japanese government debt The global JPY carry trade The impact on the US financial system Links: X: @peruvian_bull Nostr: npub1xwmyzp64xx03kw9ecd7fzsj3e9dgwah6an0rdng0cc6ux4dswwjs28pyyc Newsletter: https://substack.com/@peruvianbull Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E570 · Fri, May 03, 2024
Parker Lewis of Zaprite rejoins me on the show to discuss recent updates in the space and what’s happening with Zaprite and merchant adoption. “Then they fight you” ? Chilling Effect Zaprite Getting Bitcoin Payment Rails Ready Gradually, Then Suddenly Why hope should not be lost Links: X: @parkeralewis Site: Zaprite.com Get Parker’s Book: thesifhouse.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E569 · Mon, April 29, 2024
A lot of people talk about Bitcoin Ossification. Today Steve Lee, Lead @ Spiral rejoins me to expand on why this is the wrong idea. We also talk about the recent situation with bitcoin mining pool centralisation and what is driving it. Links: X: @moneyball AJ Town’s ‘Slow and Steady’ post mentioned : Earlier episode also mentioned: SLP433 : v2 P2P Transport Protocol for Bitcoin (BIP324) Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E568 · Fri, April 26, 2024
Jeff Booth, author, entrepreneur and founding partner of Ego Death Capital rejoins me on the show to talk about his bitcoin advocacy at various levels: Speaking to politicians about bitcoin The system you give energy to “Staying and fighting” in Canada vs supporting alternatives e.g. Madeira ‘Coincidental’ attack on Bitcoin? Links: X: @JeffBooth nostr: npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe Site: Ego Death Capital Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/ live Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E567 · Tue, April 23, 2024
How do you think about investing as a bitcoiner? Preston Pysh of TIP rejoins me on the show to talk about a range of related ideas: HODL vs invest in companies Microstrategy and other public companies VC and early stage investment Realistic investment hurdle rates Technical realities as bitcoin grows Links: X: @PrestonPysh TIP: theinvestorspodcast.com nostr: npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/live Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E566 · Mon, April 22, 2024
Dmitry Nedospasov is a PhD in Chip Security, also known for his hardware wallet exploits in 2018 with the wallet.fail talk. Dmitry joins me to talk about hardware security in the world of bitcoin and how it compares with hardware chip security in other domains. We discuss: The 2018 wallet.fail talk Bitcoin compared with other industries Realistic hardware wallet attack types The cost of attacking a hardware device Backups and Shamir’s Secret Sharing Links: X: @nedos LinkedIn: Dmitry Nedospasov Site: K eylabs.io Telegram: https://t.me/nedos wallet.fail talk: https://www.youtube.com/watch?v=Y1OBIGslgGM Recoverylabs.io Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E565 · Thu, April 18, 2024
Steve Lee and Matt Corallo of Spiral rejoin me on the show to talk about a range of topics. Firstly we discuss the Great Consensus Clean Up which relates to fixing some long standing bugs in Bitcoin. Secondly we talk about MEV and why it’s the wrong term, instead we should be talking about MEVil and the implications for Bitcoin miner centralisation. Finally we address the rumours of Lightning Network being dead or not useful. Links: X: @moneyball X: @TheBlueMatt BlueMatt's Blog: Stop Calling It MEV BIP Proposal: The Great Consensus Cleanup Delving post on Great Consensus Clean up Revival Steve’s X thread on GCC: https://twitter.com/moneyball/status/1760839436617875485 Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E560 · Tue, April 16, 2024
Andrew Henderson rejoins me to discuss his story renouncing US citizenship, and whether the price was worth it. We discuss whether you should “stay and fight” as well as considerations relevant for Bitcoiners on pursuing their options in other countries. We also discuss Nomad Capitalist Live 2024, coming in KL Malaysia. Listen in to learn and stay up to date on global tax, investing and lifestyle strategies. Links: X: @nomadcapitalist Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com/live Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E563 · Fri, April 12, 2024
Kevin Loaec of wizardsardine joins me to talk about bitcoin security and vaults. We get into a discussion about: Vaults and what’s possible today Timelocking and using them as part of self custody Inheritance scenarios Business use cases Covenant soft forks Links: X: @KLoaec X: @Wizardsardine X: @revaultdev Site: Wizardsardine Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters: 00:00 - Intro 02:07 - Revault 08:07 - Liana 14:48 - Overview of Liana and Supported Hardware Wallets 25:17 - Managing Time Locks in Liana: Rotating Coins and Duration 29:47 - Coinkite.com 30:47 - Swan.com 32:09 - Mempool.space 33:10 - Self-Custody with Liana 37:26 - Understanding Revault and Liana 44:56 - Exploring Decaying and Expanding Multi-Signature 49:15 - RBF and CPFP in Liana Transactions 56:07 - Transaction Size in Liana 01:00:42 - The Debate on Covenants 01:05:37 - Enhancing Organization Security with Cosigners 01:09:30 - The Future of Self-Custody
S1 E562 · Tue, April 09, 2024
Have you wondered about the role design and UX plays in Bitcoin apps? Christoph and Mogashni join me from the Bitcoin Design Community to share insights on: What most people are getting wrong about design How you can leverage design principles in your bitcoin product Bitcoin specific design challenges Types of user Tools available by the Bitcoin Design community Links: Site: Bitcoin.design Site: bitcoindesignfoundation.org X: @MogashniNaidoo X: @GBKS Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters: 00:00 - Introduction and Background 03:31 - The Importance of Design in Bitcoin Applications 10:10 - The Bitcoin Design Community 12:34 - Common Mistakes in Bitcoin App Design 20:10 - Mempool.space 20:56 - Coinkite.com 25:14 - Embracing Creativity and Unique Design in Bitcoin 29:28 - Introduction to User Experience Design in Bitcoin 33:34 - Working with Bitcoin Apps and Projects 38:56 - Swan.com 39:14 - Simplifying the User Experience in Bitcoin 43:26 - Designing for Complexity in Bitcoin 45:09 - Navigating Competing Standards in Bitcoin Design 46:29 - The Value of UX Research in Bitcoin 49:48 - Practical Advice for Builders and Developers in Bitcoin Design 54:57 - Find Out More 56:40 - Closing Thoughts
S1 E561 · Wed, April 03, 2024
Peter St Onge rejoins me on the show to share some insight into how bad the US government fiscal situation is getting. We talk: How much debt there is and what’s next here The impact on the people Japanese interest rates rising Japanese economic impacts AI and where the jobs will come from Bitcoin outlook Links: X: @profstonge Site: P rofs t o nge .com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E557 · Sat, March 30, 2024
Thomas Fahrer, co-founder of Apollo joins me to talk about the Bitcoin ETFs. We talk: Analysing the Bitcoin ETFs What further institutional adoption looks like How much capital could flow into Bitcoin The Bitcoin FOMO scenario Disagreements on the power law model MSTR and Bitcoin Links: X: @thomas_fahrer Site: Heyapollo.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters: 00:00 - Introduction and Background 03:02 - The Significance of Bitcoin ETFs 13:33 - Rebalancing and Volatility 21:19 - Grayscale's Declining Bitcoin Holdings 25:41 - Swan.com 27:00 - Mempool.space 27:45 - Coinkite.com 33:35 - Possible Motivations for Grayscale's Actions 34:03 - Successful ETF Launch and Consistent Demand 37:23 - Bitcoin Price Rise and Demand - Supply Dynamics 39:44 - Volatility and Orderly Transition 41:07 - Bitcoin's Historical Price Patterns 44:05 - Flaws in Power Law Model 45:05 - Bitcoin's Potential to Replace Traditional Assets 46:41 - Flaws in Power Law Model and Fiat Currencies 50:11 - Importance of Fundamental Analysis 51:38 - Bitcoin's Bullish Case and Fundamental Properties 58:51 - Closing Thoughts
S1 E559 · Tue, March 26, 2024
My friend Vijay Boyapati (Author of the Bullish Case for Bitcoin, and part of the Swan team) rejoins me on the show to talk about HODLing, share his analysis on things, and offer some tips on how to HODL. We talk: What phase of the cycle we’re in HODLer psychology Does Bitcoin get captured? Is Bitcoin for Everyone? Self custody tech GBTC and Bankruptcies Common traps and how to avoid them Links: X: @real_vijay Genesis thread https://twitter.com/real_vijay/status/1744454450138526162 Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters: 00:00 - Introduction and Overview 03:01 - The Excitement of Bull Markets 05:54 - The Slow Build-Up and Parabolic Moves 08:46 - Hodling Through Adversity 13:07 - The Nature of Bitcoin Cycles 16:02 - The Reachability of Bitcoin Participants 19:45 - Coinkite.com 21:00 - NomadCapitalist.com 22:08 - The Challenges of Self-Custody 30:00 - The Feasibility of Self-Custody for All 34:14 - Bitcoin as a Superior Monetary Base 35:10 - Concerns about Concentration Risk 38:07 - Mempool.space 39:16 - Swan.com 40:12 - Government Influence on Bitcoin ETFs 43:32 - Multipolar World and Bitcoin Adoption 44:01 - US Favorability towards Bitcoin 46:51 - Genesis Bankruptcy and Grayscale's Future 50:11 - Common Traps in a Bull Cycle 59:54 - Dealing with Corrections in a Bull Cycle
S1 E558 · Sat, March 23, 2024
Mi Primer Bitcoin (My First Bitcoin) has grown since I last spoke with them on the show. John from the team rejoins me to talk about how things have developed. The team has now taught over 25,000 students in El Salvador and they are now expanding internationally. Links: X: @jdennehy_writes Site: Miprimerbitcoin.io SLP381 John Dennehy & Gloriana Solano – Bitcoin Diploma in El Salvador Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters: 00:00 - Introduction and Background 01:16 - Bitcoin Diploma and Infrastructure 03:37 - International Expansion and Node Network Governance 05:27 - Course Format and Duration 08:16 - Teaching Bitcoin in Public Schools 09:14 - Collaboration with Ministry of Education 12:37 - Different Approaches to Teaching Bitcoin 15:27 - Continued Education and Advanced Courses 17:55 - Coinkite.com 19:06 - Swan.com 20:18 - Mempool.space 21:13 - Bitcoin Education for Different Age Groups 23:48 - Format and Agenda of Bitcoin Education Conferences 26:15 - Collaboration with Governments and Universities 29:37 - Localization and Modification of Curriculum 32:31 - Focus on International Expansion 34:26 - Challenges of Education for the Masses 36:48 - Adapting Curriculum to Rising Fees 39:17 - Empowerment and Independence in Bitcoin Education 40:40 - Call for Support and Contributions
S1 E557 · Fri, March 15, 2024
How do we interact with Bitcoin in a multi layer world? What cost savings and trade offs are necessary here? What even counts as a layer? Kilian from boltz.exchange joins me to talk about swapping across Bitcoin on-chain, Lightning and Liquid. We discuss: How swapping works What makes it atomic and non-custodial What counts as layer 2 Fee savings and trade offs Links: X: @kilrau Site: boltz.exchange X: @boltzhq Taproot feature blog post: Introducing Taproot Swaps: Putting the "Fun" Back into Refunds! Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space N omadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters/Timestamps: 00:00 - Introduction and Background 03:07 - Boltz.exchange: Moving Between Bitcoin Layers 05:35 - Use Cases for Lightning Service Providers 09:45 - Enhancing Wallet Functionality 13:20 - Non-Custodial Atomic Swaps 21:43 - Coinkite.com 23:07 - NomadCapitalist.com 24:25 - Fees and Fee Savings 29:35 - Trust Model
S1 E556 · Wed, March 13, 2024
Patrick van der Meijde, founder of BitKassa and co founder Arnhem Bitcoin City joins me to talk about his experience with co-founding one of the earliest Bitcoin ‘circular economy’ communities in 2014. How he got started Taking payments pre-lightning Are there enough people spending? Resurgence in circular economies Adopting Bitcoin Arnhem City Links: X: @PatrickvdMeijde Site: adoptingbitcoinarnhem.com Site: arnhembitcoinstad.nl Cofounder @BitKassaNL Cofounder Arnhem Bitcoin City @Bitcoinstad Youtube: 10 years of merchants accepting bitcoin in Arnhem Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera Links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Chapters/Timestamps: 00:00 - Introduction and Background 01:55 - Bitcoin Narratives in 2014 04:45 - Transaction Fees and Challenges 08:46 - Arnhem Bitcoin City and its Evolution 09:55 - Context of Arnhem City in the Netherlands 11:45 - Capital Gains Tax in the Netherlands 12:33 - Impact of AML Regulations 14:13 - Merchants Keeping Bitcoin 15:00 - Swan.com 16:14 - Mempool.space 17:11 - Coinkite.com 18:40 - Merchant Churn and Turnover 23:35 - Importance of Local Community 28:55 - Adopting Bitcoin Conference in Arnhem 31:32 - Transition to Lightning Network 35:45 - Success Rates of Lightni
S1 E555 · Wed, March 06, 2024
While in Madeira for Bitcoin Atlantis, I did some interviews on a range of topics with Lyn Alden, James Lavish, Tomer Strolight, Francis Pouliot, Steven Roose and Peter Todd. We discussed: is Macro mid curve? USG debt Using analogies to teach bitcoin librerelay MEV concerns Self custodial and scaling Links: Lyn Alden X: @LynAldenContact Site: lynalden.com James Lavish X: @jameslavish Site: jameslavish.substack.com Site: bitcoinopportunity.fund Tomer Strolight X: @TomerStrolight Bitcoin is Generational Wealth - A Short Film by Matt Hornick and Tomer Strolight Swan Signal Bitcoin Blog Francis Pouliot X: @francispouliot_ Site: BullBitcoin.com Steven Roose X: @stevenroose3 GitHub: github.com/stevenroose Peter Todd X: @peterktodd Site: Petertodd.org Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: <a href="https://twitter.com/stephanlivera" target="_blank" rel
S1 E554 · Sat, March 02, 2024
What applications exist for Bitcoin self custodial finance? Philipp Hoenisch, founder of 10101 (pronounced ten-ten-one) joins me on the show to talk about bitcoin trading without counterparty risk. We discuss: DLC overview and basics DLC channels and lightning 10101 walkthrough “Funding rate” Synthetic stablecoins For individuals or business? Risks and things can break down Prior Episodes: SLP349 Chris Stewart Bitcoin DLCs & Stablechannels SLP219 Nadav Kohen – What You Should Know About Bitcoin DLCs SLP519 Self Custodial Bitcoin Finance with Matthew Black of Atomic Finance Links: X: @bonomat X: @get10101 Site: 10101.finance Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction and Background 05:58 - The Concept of Discrete Log Contracts (DLCs) 10:28 - Non-Custodial Trading and DLC Channels 12:46 - Using the 10101 App 21:32 - Expiry and Funding Rates 26:01 - NomadCapitalist.com 27:47 - Coinkite.com 28:57 - Market Makers and Trade Sizing 32:05 - Limits and Future Plans 35:55 - Security and Hardware Wallets 37:41 - Non-Degen Uses for 10101</
S1 E553 · Tue, February 27, 2024
Eric Yakes, author of The 7th Property, joins me to talk about the future of Bitcoin Banking, LN and ecash. We discuss: Chaumian mints and ecash Interaction with LN Credit markets in the future How does the system remain Full Reserve? Regulatory roadblocks Will there be a role for passive index funds? Links: X: @ericyakes axiombtc.capital/bank Site: Y akes.io Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps: 00:00 - Introduction 08:23 - Bitcoin Banking 13:57 - Chaumian Mints 19:10 - How Do Chaumian Mints Work 24:04 - Use Cases for FediMints and CashewMints 31:09 - Coinkite.com 32:24 - Mempool.space 33:13 - Swan.com 35:08 - Bitcoin's Evolution and Adoption 38:20 - Regulatory Roadblocks for Commercial Mints 40:31 - Mitigating Risk of Token Debasement 46:59 - Fractional Reserve Banking and Trust 56:45 - Passive Index Funds and Stock Indexes 01:01:56 - Accounting Valuation and Global Wealth 01:06:02 - Closing Thoughts on Banks Without Bankers
S1 E552 · Thu, February 22, 2024
Brian Morgenstern, Head of Public Policy of Riot Platforms joins me to talk about the latest attack on Bitcoin miners: Is Bitcoin mining a partisan issue? The EIA “Survey” Falsehoods on grid stability and emissions False Emergency What to do about it Links: X: @MorgensternNJ Thread https://twitter.com/MorgensternNJ/status/1754634147232977246 X: @TXblockchain_ Sen. Lummis declares the survey to be ‘absurd’ Joint statement by the Chamber of Digital Commerce & Texas Blockchain Council opposing the survey: Industry Statement on EIA’s Emergency Survey - Chamber of Digital Commerce (digitalchamber.org) Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction and Background 02:26 - Is Bitcoin Support Partisan? 06:35 - The EIA Request for Information on Bitcoin Mining 13:18 - Motivations and Political Divide</
S1 E551 · Mon, February 19, 2024
Ben Carman of Mutiny Wallet rejoins me on the show to talk about what’s coming next for Bitcoin. We talk about scaling Bitcoin and contrast the different mindsets, discuss different soft fork proposals and directions Bitcoin could go. We also talk about what impact covenants will have and the latest with Mutiny Wallet. Bitcoin’s biggest challenges Taxonomy of Bitcoin development culture Soft forks and covenants What ‘counts’ as a Bitcoin L2? What are the big benefits of covenants? Mutiny Wallet - a new Hybrid era? Will people get priced out? Fedimint support Synthetic USD or swaps? Inscriptions and Spam Links: Site: mutinywallet.com X: @benthecarman nostr: npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz Inscriptions post: https://habla.news/a/naddr1qqxnzdesxgerxdp58yenyvejqgswrlemlh2wgqc4jkds3d8ueqj9a2j3gcm7r48v9tskdd6rxsd7rtcrqsqqqa28wdzn0j Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space N omadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction 01:18 - Bitcoin's Challenges: Scaling and Social Consensus 08:50 - Different Perspectives on Bitcoin's Future 16:10 - The Importance of Unilateral Exit and Self-Custody 21:16 - The Potential of Covenants for Scaling Bitcoin 25:23 - Mempool.space 26:17 - Coinkite.com 27:37 - Bitcoin Ark - A Pa
S1 E550 · Fri, February 16, 2024
Do the lies about Bitcoin frustrate you? Join us in this episode as we discuss the ways to dispel and debunk some of the most egregious false climate narratives on Bitcoin with Daniel Batten, Managing Partner at CH4 Capital. We discuss: The biggest bitcoin climate myths Dishonest portrayal in the media “Per transaction” fake methodology Where Cambridge CCAF is wrong Bitcoin’s PoW and ‘ideological intransigence’ ESMA submission How Bitcoiners can help Links: X: @DSBatten Articles: https://batcoinz.com/submission-to-esma-on-bitcoin-mining/ https://batcoinz.com/a-tale-of-two-articles/ Prior episodes referred to SLP487 Bitcoin Mining Energy Debate – Digiconomist and Ben Gagnon SLP542 Defending Bitcoin PoW in the EU with Lyudmyla Kozlovska and Bota Jardemalie Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction 01:51 - Daniel's Journey with Bitcoin 09:13 - Biggest Bitcoin Climate Myths 18:34 - Coinkite.com 19:37 - Mempool.space 20:34 - How Media Perceptions about Bitcoin Changed Over Time 36:20 - Cambridge Bitcoin Estimate 44:45 - Swan.com 45:54 - Acknowledging Other Paths To Sustainability 57:10 - Submission to ESMA and Correcting False Narratives 01:09:21 - Bitcoin's Environmental Benefits 01:12:40 - Closing Thou
S1 E549 · Tue, February 13, 2024
We talk about monetary maximalism, and whether everything is good for bitcoin with Christian Keroles of HRF. We discuss: Monetary maximalism: descriptive or prescriptive Bitcoin Spam Antifragility What bitcoiners are getting wrong on personal finance How 2023 played out with “ordinals” Not being used to winning Links: X: @ck_SNARKs Site: HRF.org Site: https://cbdctracker.hrf.org/home Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamp/Chapters: 00:00 - Introduction 01:22 - Defining Monetary Maximalism 03:10 - Monetary Maximalism as an Observation 05:00 - Descriptive vs Prescriptive Monetary Maximalism 09:50 - The Debate on Ordinals and Spam 21:05 - The Nuisance Level of Spam 22:48 - What Are Most Bitcoiners Getting Wrong On Personal Finance 29:49 - The Emergence of Ordinals and Inscriptions 32:27 - Coinkite.com 33:28 - Swan.com 34:31 - Mempool.space 35:54 - The Umbrella Term of Ordinals 41:16 - The Fallout and Consequences of Bitcoin Developments 48:53 - The Strengthening of Bitcoin through Challenges 53:20 - The Debate on Filtering in Bitcoin 58:32 - The Emergence of Runes Protocol 01:02:13 - Bitcoin's Winning Streak 01:04:35 - Confusion and False Narratives 01:07:37 - The Base of Bitcoin: 21 Million Coins and HODL 01:08:37 - Closing Thoughts and Bitcoin Adoption
S1 E548 · Sat, February 10, 2024
We’re trying something a little different this episode! While at Bitcoin Oasis 2024 in Dubai I captured some short interviews with some speakers at the conference. We covered a wide range of topics ranging from Bitcoin Spam, to nation state adoption and honestly grappling with bitcoin user adoption trade offs. The speakers interviewed are: Alejandro De La Torre of Demand Mining Luke Dashjr of Ocean Mining Prince Philip of Serbia, from JAN3 Pete Rizzo of Bitcoin Magazine Giacomo Zucco of Plan B Network Links: Alejandro De La Torre X: @bitentrepreneur Luke Dashjr X: @LukeDashjr and https://ocean.xyz/ Prince Philip of Serbia X: @PrincFilip1 and https://jan3.com/ Pete Rizzo X: @pete_rizzo_ and Bitcoinmagazine.com Giacomo Zucco X: @giacomozucco and https://planb.network/ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space https://nomadcapitalist.com Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction 01:44 - Alejandro De La Torre Interview 08:26 - Luke Dashjr Interview 21:10 - Swan.com 22:46 - Me
S1 E547 · Tue, February 06, 2024
Mike Peterson from Bitcoin Beach El Zonte, El Salvador rejoins me on the show to give listeners some updates from El Salvador. Having a reduced crime rate and improved investment and tourism into the country has driven big changes! We talk: How things look a few years on from the Bitcoin Law Life on the ground in El Salvador How easy it is to move El Salvador $1M Citizenship Program Dealing with on chain fees Custodial vs Self Custodial and pragmatism ‘Circular Economies’ and insights from his networking around the world Links: X: @Bitcoinbeach YT: @LiveFromBitcoinBeach Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction and Background 01:20 - Two and a Half Years After Bitcoin Adoption in El Salvador 05:21 - Financial Innovation in El Salvador 09:36 - Bottom-Up vs Top-Down Adoption of Bitcoin 11:00 - Ease of Setting Up in El Salvador 21:05 - Coinkite.com 22:13 - Mempool.space 22:56 - Swan.com 24:15 - Living on Bitcoin in El Salvador 31:48 - Bitcoin Meetups and Events in El Salvador 35:51 - Circular Economies and Bitcoin Adoption 40:55 - Insights from Other Circular Economies 50:05 - Custodial vs. Non-Custodial 54:21 - The Bitcoin Beach Podcast 56:16 - Closing thoughts
S1 E546 · Fri, February 02, 2024
Get an overview of lightning wallets in this episode with Anita Posch. Anita walks through what she found in testing self custodial lightning wallets under conditions of poor internet connectivity. We also talk about themes that came up at the recent Adopting Bitcoin Cape Town South Africa. On the ground insights Results of the self custodial wallet test Which LN apps came out best? The situation with fees Where the test might not be suitable How things may change with a Liquid or Fedimint approach Links: X: @AnitaPosch Site: bffbtc.org Bitcoin for Fairness - Anita Posch (L)earn Bitcoin Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E545 · Tue, January 30, 2024
What does Life Insurance look like when it’s all priced and done in Bitcoin? Zac Townsend (CEO and co-founder of Meanwhile) joins me on the show to talk about it. We discuss: Life insurance as a model Term or Whole life Bitcoin denomination Is it the next Celsius or BlockFi? Does it work under a deflationary Private credit fund Links: X: @ztownsend X: @meanwhilelife Site: meanwhile.bm Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space nomadcapitalist.com/apply Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
S1 E544 · Fri, January 26, 2024
Aaron van Wirdum rejoins me to talk about his exploration of how Bitcoin came to be. We talk about his new book, The Genesis Book. In this book, Aaron explores some of the technologies, and philosophies that led to the creation of Bitcoin. We discuss: What he learned in making this book Hayek and the Austrians Extropians Cryptography and the Cypherpunks Libertarians Precursor tech to Bitcoin Links: X: @AaronvanW Site: http://thegenesisbook.com/ Nostr #npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space https://nomadcapitalist.com/live/ Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Stephan Livera Substack newsletter Timestamp/Chapters: 00:00 - Introduction 01:07 - Motivation for Writing the Book 04:05 - Bitcoin's Origins and Evolution 08:21 - The Influence of Hayek and Austrian Economics 18:54 - The Connection Between FOSS and Bitcoin 25:49 - The Extropians and Their Vision 30:47 - The Cypherpunks and Their Ideology 32:28 - Swan.com 33:52 - Mempool.space 35:00 - Coinkite.com 39:30 - The Rise and Fall of DigiCash 51:20 - The Crypto Wars and Government Regulation 56:26 - Pre-cursor Electronic Cash Projects 01:01:20 - Satoshi's Clever Insight 01:03:00 - Closing thoughts
S1 E543 · Sun, January 21, 2024
Sébastien Gouspillou is a French Bitcoin miner, entrepreneur, and speaker. He is the CEO of BBGS (Big Block Green Services) and he joins me to talk about Bitcoin mining in the Democratic Republic of the Congo, Oman and elsewhere around the world: Bitcoin mining in the DRC Bitcoin mining in Oman Using various forms of energy Working in different environments Narrative shifts in Bitcoin Mining and Proof of Work Links: X: @SebGouspillou Site: bbgsmining.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Nomad Capitalist LIVE Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Stephan Livera Substack newsletter Timestamps/Chapters: 00:00 - Introduction and Background 02:34 - Challenges and Risks in the Congo 04:30 - Bitcoin Mining in Virunga National Park 09:28 - Performance and Investment in the DRC 14:10 - Economic Opportunities and Job Creation 23:31 - Bitcoin Mining in Oman 28:05 - Challenges of Solar-Powered Mining 31:38 - Bitcoin Mining in the Middle East 41:30 - Mining Potential in Africa 45:05 - Energy Sources 47:37 - The Environmental Impact of Bitcoin Mining 55:35 - Closing Thoughts
S1 E542 · Wed, January 17, 2024
It seems that the EU is constantly coming out with bad new regulations that will impact Bitcoiners and Bitcoin miners. Joining me today is Lyudmyla Kozlovska and Bota Jardemalie from the Open Dialogue Foundation - Bitcoin and human rights advocates. We talk about: EU bureaucracy and ECB threat to Bitcoin Why engage with these people at all? Attacks on Bitcoin’s Proof of Work Threat to self custody and sovereignty - AML Bitcoin as bank of last resort How you can help with testimonials Links: PoW submission: https://en.odfoundation.eu/a/724499,defend-pow-submission-to-esma/ EU AML submission: https://en.odfoundation.eu/a/578069,can-the-eus-anti-money-laundering-reform-help-dictators/ Site / Support OD Foundation: https://en.odfoundation.eu/how-can-you-help/ Lyudmyla on X: @LyudaKozlovska Bota on X: @jardemalie Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space NomadCapitalist.com LIVE Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack Timestamps/Chapters: 00:00 - Introduction and Background 04:55 - The current threats 08:00 - Engaging with Regulators 12:05 - Can they be reasoned with? 17:30 - Threats to mining 25:55 - ESG Narrative and Proof of Work 38:20 - Threats to Self Custody and AML Regulations 46:03 - AML and Counter-Terrorism Financing Regulations 52:50 - De-risking and Financial Exclusion
S1 E541 · Sun, January 14, 2024
Given the recent discussion on covenants, you might be curious about what actual covenant use cases look like. Joining me today is Steven Roose to help explain covenant uses and TXHASH as well as various objections: Case for Covenants Why TXHASH Scope of changes Covenants.info Covenant use cases Ark Commercial viability Links: X: @stevenroose3 Site: C ovenants.info TXHASH ML post: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-January/019813.html Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast
S1 E540 · Thu, January 11, 2024
On the eve of Bitcoin ETFs being approved, is Bitcoin entering a new era? Tuur Demeester, long time bitcoin advocate, writer and speaker rejoins me on the show to discuss his thoughts: This new era for Bitcoin ETF approval and what it means Capture risks are low Psychology of a market cycle and HODLers “Hate buying” Bitcoin Bitcoin Life Insurance Why every company needs a Bitcoin strategy Future of Bitcoin use Note this show was recorded Jan 10th 2024 8pm Dubai (11am Eastern time), just prior to ETF approval. Links: X: @TuurDemeester Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Chapters: 00:00 - Introduction and background 01:00 - The new era of Bitcoin 06:11 - What are the actual risks? 12:20 - How many coins are held in custody? 15:00 - Tuur's reports 21:27 - Psychology of a market cycle and HODLers 31:40 - Swan.com 33:12 - Coinkite.com 34:52 - Mempool.space 37:43 - 3 green, 1 red meme 43:10 - Bitcoin Life Insurance 51:21 - “Hate buying” Bitcoin 56:35 - Why every company needs a Bitcoin strategy 01:01:50 - Future of Bitcoin use 01:07:02 - Closing thoughts
S1 E539 · Wed, January 10, 2024
Have you heard about Dubai but been wondering about what it’s like there? Lara Eggiman joins me to talk about Dubai, the UAE and the new bitcoin-only conference launching here, Bitcoin Oasis. We discuss: Dubai lifestyle Common misconceptions Tips for people who want to set up in Dubai Why the UAE is well placed for Bitcoin adoption Bitcoin Oasis Bitcoin Association Links: X: @SwissAlice1 Site: Bitcoin-oasis.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Timestamps: 00:00 - Introduction and background 01:27 - Why Dubai? 02:46 - Common Misconceptions about Dubai 05:32 - Benefits of Living in Dubai 08:08 - Tips for Setting Up in Dubai 12:27 - Why UAE and Dubai are Well-Placed to Adopt Bitcoin 14:25 - Swan.com 16:07 - Mempool.space 17:11 - Coinkite.com 20:25 - Competitive Jurisdictions 22:07 - Bitcoin Association UAE 27:46 - Living in Dubai 30:00 - Closing thoughts
S1 E538 · Mon, January 08, 2024
In this conversation, Natalie Smolenski discusses the intersection of Bitcoin, anthropology, and political economy. She explores the debate on the origin of money and the clash between anthropologists and economists. Smolenski argues that money is a social technology that can take different forms based on trust and use cases. She examines the limitations of fiat currency and the importance of trust in debt settlement. Smolenski also discusses the rise of Bitcoin as a competing institution to traditional currencies and the threat to open source development in the EU. We also discuss various topics related to jurisdictional arbitrage, the Texas Bitcoin Foundation, the challenges facing universities, and the future of higher education. Links: X: @NSmolenski Satoshi Papers: S atoshipapers.org Texas Bitcoin Foundation: txbitcoinfoundation.org Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Timestamps/Chapters: 00:00 Introduction and Background 03:00 The Debate on the Origin of Money 06:50 Clash between Anthropologists and Economists 13:14 The Role of Commodity Money 20:07 Coinkite.com 21:29 Swan.com 27:05 Payment vs Settlement 34:44 The Decline of State Power and the Rise of Bitcoin 39:00 Mempool.space 40:13 The Competition between Bitcoin and Fiat Currency 52:18 The Threat to Open Source Development in the EU 59:24 The Texas Bitcoin Foundation and Bridging the Gap 01:01:24 The Challenges of Universities and the Need for Innovation
S1 E537 · Sun, December 31, 2023
Not everybody understands that blockchains themselves don’t scale. And this may create some tricky implications if we want to onboard large numbers of people to Bitcoin. This is why some of the discussion nowadays is about soft forks and covenants. Brandon Black rejoins me to talk about some of his ideas on how many people can use Bitcoin with current tech, and how covenants such as CTV (Check Template Verify) could help improve this. We discuss: How many people can use Bitcoin Why not build L3? Thoughts on block size “Rush to the exits” Different kinds of forks Covenant proposals explained in english Concrete proposals Commercial demand Unforeseen risks Value density Links: X: @reardencode Timeout Trees explanation article by Shinobi Prior Episodes: SLP505 MuSig2 in Practice, APO, CTV & Bitcoin Soft Forks Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast
S1 E535 · Mon, December 25, 2023
Elizabeth Warren has come out with a new anti Bitcoin bill. Joining me is VP of Research at Riot Platforms, Pierre Rochard. We talk about: What’s in the bill Policy objectives “Unhosted wallets” FATF Ordinals Tx Fees Third school of thought on long term fees Links: X: @BitcoinPierre Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast
S1 E356 · Fri, December 22, 2023
What are the key principles underlying Bitcoin? How should we think about changes to Bitcoin? Michael Saylor, Executive Chairman and Founder of MicroStrategy rejoins me on the show to discuss: Bitcoin Protocols Bitcoin Principles Bitcoin Dynamics Bitcoin Politics Bitcoin Philosophy Links: X: @saylor Prior Episode: SLP213 Michael Saylor – Bitcoin Dematerializes Money Prior Episode: SLP213 Michael Saylor – Bitcoin Dematerializes Money Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast
S1 E534 · Mon, December 18, 2023
Should Bitcoiners consider Small Business? What are some of the important considerations here? Bobby Shell of Voltage and Imprint Digital joins me on the show to talk about his experiences in SMB and why Bitcoiners should also think about it. Why do SMB Earning more and making an impact His experiences with digital and physical businesses Why not just stack sats? The latest at Voltage Links: Twitter/X: @iBobbyShell Linked: https://www.linkedin.com/in/bobby-shell-iv/ Youtube: @ibobbyshell Website: Bo bbyshell.com Nostr: bobby@vlt.ge / npub1kyga29699700q90pd4s2uc36ddn27cczfmkfgxcx2wl7urwkvl2ql3asvf Imprint Digital website Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E533 · Fri, December 15, 2023
Drivechain is a proposal from 2015 which has had a lot of community debate recently. Joining us today to debate this are Paul Sztorc (CEO of Layer Two Labs) and Peter Todd. We discuss a range of points: Drivechain and miner centralisation Whether you can delegate running a node Legal risks Fees and Blocksize limits Links: Earlier episode with Shinobi: Will Drivechain Centralise Bitcoin? With Shinobi X: @peterktodd Peter Todd’s post: Drivechains: A Detailed Analysis Peter’s Site: petertodd.org X: @Truthcoin Paul’s site: T ruthcoin.info Paul’s response to Peter’s post: https://www.drivechain.info/peer-review/peter-todd-2023.png Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast Timestamps: 00:00 - Intro 01:22 - Guests Introduction 02:12 - Paul's Opening Statement 11:08 - Peter's Opening Statement 19:42 - Paul's Rebuttal 24:56 - Peter's Rebuttal 30:47 - Guests Challenge each Other 01:30:59 - Closing thoughts
S1 E532 · Tue, December 12, 2023
Now many of us are familiar with the idea of using steel backups for our bitcoin private keys, but what about in the case of multi signature? And what about using machine engraving? Dax and E from the SeedHammer project join me to talk: Why they are interested in this problem Passphrase vs multi sig Descriptor backup on steel Seed Hammer walk through Cost Attack vectors Changing standards Where the project is going next Links: X: @SeedHammer Site: S eedhammer.com Github: https://github.com/seedhammer/seedhammer Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E531 · Tue, December 05, 2023
How many people can use Bitcoin and Lightning today? Severin Buhler from Synonym joins me to talk about the LSP spec as well as lightning development. We talk about how the new LSP spec will enable more wallet builders, and more user choice, as well as smoothing the process for LSPs to compete: What is an LSP A marketplace of LSPs Competition between jurisdictions Wallet of Satoshi news How many people can use lightning? LSP business models LSPS1 and 2 JIT Channels Asynchronous payments Blocktank Links: X: @SeverinAlexB X: @lnrouter Site: lnrouter.app Site: S ynonym.to Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E530 · Sun, December 03, 2023
There are various Bitcoin ‘circular economies’ but we talk with Fernando Motolese about how he started Bitcoin Beach Brazil, as well as his efforts in creating a new merchant POS terminal device, Bitcoinize. We discuss: How Bitcoin Beach Brazil started Onboarding merchants Bolt card Tech stack Tourists and Locals experience Bitcoinize device HODL vs Spend Fundraising Links: Fernando Motolese X: @MotoleseOficial Bitcoinize site: bitcoinize.com Bitcoinize POS on X: @BitcoinizePOS Bitcoin Beach BR fundraiser: https://donate.praiabitcoin.org/ X: @BitcoinBeachBR Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E529 · Fri, December 01, 2023
Free Private Cities are an exciting attempt at a new model for private governance. I’ve previously spoken with leaders in this movement such as Titus Gebel and Peter Young. Today I’m speaking with the founder of Ciudad Morazan, another free private city in Honduras. This one is a little different to the others you may have heard of, as this one is more focused on ‘blue collar’ workers, families, and businesses. We talk about the free private cities model and how it is being applied differently here with Massimo Mazzone, founder. Topics: Free Private City Model Taxes How many live in Morazan ZEDE law Comparison with Prospera Morazan’s 4 advantages Scaling up Amenities available Growth No legal tender law Links: X: @MassimoMazzone4 Site: morazan.city Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E528 · Wed, November 29, 2023
Has Bitcoin’s Mining ecosystem become centralised? What can be done about it? Bitcoin Mechanic from Ocean joins me to talk: Hashers vs Miners Different pool payout methods Stratum v2 Block withholding attacks What Ocean is doing about it Fees Lightning payouts Links: X: @GrassFedBitcoin Site: ocean.xyz/event X: @ocean_mining Article: Are Mining Pools Becoming a Problem? Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E527 · Mon, November 20, 2023
Many Bitcoiners have seen or shared around the images that show Labour Compensation (wages and other benefits) diverging from Labour Productivity since 1971, particularly from sites such as wtfhappenedin1971.com. Rejoining me today is Gene Epstein to break down why this chart is flawed! We also talk about broader issues around CPI, whether inflation is over or undercounted, and cost of living pressures that so many people are facing today. The conclusions will surprise you!We talk: Labour Compensation and Productivity Nominal dollars and issues with price indexes Is CPI overstated? Are we poorer than we used to be? Cost of living crisis Can you make it on a single income these days? The real problems Links: X: @GeneSohoForum WTFhappenedin1971 site spoken about: https://wtfhappenedin1971.com/ Gene’s Soho Forum Website: https://www.thesohoforum.org/ Book: Econospinning: How to Read Between the Lines When the Media Manipulate the Numbers Gene’s Mises Institute Lecture cited: https://youtu.be/h9BE1YIrqyE?si=J5ia_Q18OjGcdB6- Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E526 · Sun, November 19, 2023
How do you prevent loss of your coins? What are some critical steps that are commonly missed? NVK and I discuss a recent case of a HODLer losing 25 BTC, as well as talk about updates in Bitcoin security. Links: X: @ NVK Nostr: npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 Site: Coinkite.com Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E525 · Tue, November 14, 2023
When you need to send a Bitcoin transaction, you need Bitcoin blockspace. But blockspace is scarce! CEO of Barefoot Mining, Bob Burnett and I chat about this, and what you can do about it. Blockspace scarcity and explanation What you can do about it UTXO management Different types of miner Miner’s Trilemma Arguments against public company mining Mining NOT being a leverage play on Bitcoin Public vs private miners Gateway going public Core Scientific bankruptcy Mining decentralisation Links: X: @boomer_btc Site: Barefoot Mining Old Man Yells: @OldManYells-btc Satoshi’s Heel article mentioned: SATOSHI’S HEEL: IS MINING INFRASTRUCTURE A VULNERABILITY THAT COULD TAKE DOWN BITCOIN? Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E524 · Thu, November 09, 2023
Is there a demographic collapse coming? What could or should be done about it? Is there any connection with Bitcoiner culture? Malcolm Collins has a background in VC and Private Equity, and he is a co-founder of The Pronatalist Foundation. He has spent a lot of time speaking about this problem and has some great insights to share: Population Projections The Urban Monoculture Pronatalist aims Childless demographics What caused this What governments have tried Where Bitcoiner culture could change this How to motivate a large family Malcolm’s links mentioned: Pragmatist’s Guide to Religion Book Basedcamp podcast with Malcolm and Simone Collins Links: Site: Pronatalist.org X: @SimoneHCollins Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E523 · Sat, November 04, 2023
Are we entering a new Bitcoin bull cycle? Adam Back, CEO of Blockstream, rejoins me on the show to talk about a variety of things: SBF found guilty Bitcoin bull cycle Block size wars Blockstream Greenlight Blockstream BASIC note Blockstream Green Links: Site: Blockstream.com Blockstream BASIC Note X: @adam3us Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast Relevant Episodes: SLP521 Support Bitcoin Lightning with Greenlight with Christian Decker SLP484 Robin Linus ZeroSync: Speeding up Bitcoin IBD
S1 E522 · Thu, November 02, 2023
Have you wondered about the challenges of managing a large publicly listed Bitcoin mining company? Jason Les, CEO of Riot Platforms joins me to talk: His poker background Why hashrate expands even when price is down Riot’s competitive advantages Should miners use debt financing? HODLing Bitcoin as a miner Bitcoin ETF impact? How can miners outperform bitcoin? Dodging knives Educating government Curtailment & Ancillary services Halving predictions Links: Site: Riotplatforms.com X: @JasonLes_ Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera Links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E521 · Fri, October 20, 2023
Are you interested in building support for Bitcoin’s Lightning Network into your product or service? Check out this discussion of Greenlight with Blockstream’s Christian Decker. We talk: Improvements in lightning experience over the years No. of payments, reliability Greenlight experiences Mobile nodes Comparison with other providers Shared infrastructure Core Lightning features What features will help make lightning easy Links: Site: https://blockstream.com/lightning/greenlight/ X: @Snyke X: @Blockstream Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E520 · Thu, October 12, 2023
BitVM is a new paradigm for Turing-complete bitcoin contracts. In this episode I speak with the creator, Robin Linus and another developer working on the idea, Super Testnet. We discuss: What is BitVM? What are some of the trade offs? What could BitVM enable? Set up time and interactivity Can it enable sidechains or covenants? Links: Paper: bitvm.pdf X: @robin_linus X: @super_testnet Super Testnet’s Tapleaf circuits Shinobi article on BM: The Big Deal With Bitvm: Arbitrary Computation Now Possible on Bitcoin Without a Fork AJ Towns ML response on BitVM: BitVM: Compute Anything on Bitcoin Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E519 · Mon, October 09, 2023
Matthew Black, co-founder and CTO of Atomic Finance joins me to talk about earning yield in a self custodial way with DLCs. We get into all the questions and criticisms people might have: How does it work without being custodial? Where is the yield coming from? HODL only Different strategies available DLC security over time The future of Bitcoin Finance Links: X: @matthewjablack Website: Atomic.Finance Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera Links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E518 · Sun, October 01, 2023
Lyn Alden, macro analyst rejoins me on the show to talk about her new book, Broken Money. We discuss Lyn’s thoughts on: Ledger money and who controls it Different theories of money Speed of transaction vs. settlement Warfare funding under fiat Base money and Broad money GFC and the response to it Fiat standard incentives What kind of debt makes sense under a Bitcoin standard Links: X: @LynAldenContact Site: LynAlden.com Book: Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better Sponsors: Swan.com (code LIVERA) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E517 · Fri, September 29, 2023
Will Cole of Zaprite rejoins me to talk about: Merchant adoption and why it’s different this time Improved custody How Zaprite works Accounting and integration How adoption will be driven this time Circular economy The lie of 2% inflation Links: X: @willcole Zaprite: https://zaprite.com/ Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E516 · Fri, September 22, 2023
Do you have debt? Are you wondering about the case for why you shouldn’t? Check out this episode with my friend and Bitcoin developer and advocate, Jimmy Song. We talk about his newest book, Fiat Ruins Everything: Why he wrote this book Why you should have zero debt Cultural issues Fiat morality Links: X: @jimmysong Site: https://fiatruinseverything.com/ Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E515 · Thu, September 21, 2023
Have you wondered what it takes to be a long-term HODLer? American HODL rejoins me on the show to talk about HODLer psychology, bitcoin culture, and what to expect going forward: Adoption waves Living on Bitcoin Overconfidence Mainstream culture Bitcoin Fixes This Jurisdictions Thoughts on next cycle Links: X: americanhodl8 Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E514 · Wed, September 20, 2023
Are you interested in spending 16,000 more hours with your children? Consider homeschooling! We discuss this and many other insights in this chat about homeschooling: Their own journey of homeschooling Escaping hivemind thinking Criticism of ‘school vouchers’ Building up your child’s agency Do you need curricula? Modelling behaviour “Socialisation” The culture war Links: X: https://twitter.com/Homeschool_LLC Site: https://www.homeschoollife.us/ Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on X @stephanlivera Subscribe to the podcast
S1 E513 · Sun, September 17, 2023
The next generation of Bitcoin Lightning wallets is here with Phoenix from ACINQ. Rejoining me is CTO of ACINQ, Bastien Teinturier to talk about how the team is innovating a great self custodial experience for bitcoin and lightning users: High Fee environment New Phoenix fee structure Splicing and what it enables Dual Funding Liquidity Ads Building on a smartphone app Can ACINQ steal from users? APO Biggest challenges Reasons to be optimistic Bastien links: Twitter: @realtbast Phoenix Splicing Update post Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E512 · Thu, September 14, 2023
Drivechain is a proposed soft fork that has faced a lot of criticism in the community, and Shinobi (Technical Editor of Bitcoin Magazine) joins me to discuss his critiques of the idea. We discuss: What is Drivechain How it works Miner centralisation Re orgs on sidechains T-shirt sales argument Stratum v2 “Miners can steal” Other soft fork ideas (e.g. APO, CTV) Multi Party Channels “First Develop with what we’ve got” Links brian_trollz on X Drivechains Introduce New Incentive Dynamics to Bitcoin Achim Warner - Thoughts on Drivechain I Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space SL links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E511 · Tue, September 12, 2023
Glozow rejoins me to talk about updates coming to Bitcoin’s transactions and mempool policy. We talk about how these will be essential to keep bitcoin use efficient and safe, especially for layer 2 protocols such as Lightning. We chat: Current state with transacting RBF and CPFP Problems right now L2 security Pinning vectors What is package relay? What is v3 transactions? What are ephemeral anchors? Policy vs consensus Glozow links: Glozow on X Waiting for confirmation - blog series on Bitcoin Optech v3 and Package RBF Bitcoin Core Review club Bitcoin Optech v3 transaction relay Glozow slides for BTC++ talk: v3 and ephemeral anchors Prior episodes: SLP404 Gloria Zhao – What Do Bitcoin Core Maintainers Do? SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E510 · Thu, September 07, 2023
A common question amongst bitcoin investors is whether bitcoin on-chain analytics is legitimate or whether it is snake oil. Joining me to explore this as well as talk about some new research, is James Check, Lead Analyst of Glassnode. We talk about how the field progressed, and some insights to share on analyzing the bitcoin market: History of on-chain analytics Is it snake oil? Liveliness Impact of the ‘DCA Army’ Lost coins Vaulted supply vs active supply What does a bull market look like on chain? Where are we now? Links: James Check on X Glassnode cointime economics paper https://get.glassnode.com/cointime-economics/ Ark https://ark-invest.com/white-papers/cointime-economics Previous episodes: SLP73 Tamas Blummer – Rust-Bitcoin, Threats to Bitcoin & Bitcoin Data Science SLP258 Rafael Schultze-Kraft Bitcoin Supply Crunch SLP190 Rafael Schultze-Kraft – How Many Bitcoins Are Being HODLed? Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E509 · Sun, September 03, 2023
Lisa Neigut of base58 and btcplusplus rejoins me on the show to talk about Bitcoin layer 2’s, where bitcoin’s lightning network is going, BTC++ and teaching Bitcoin developers at base58.We talk: Views on other L2 protocols LN technology How important is APO for LN? BTC++ nix and reproducibility Base58 Links: niftynei base58.school https://btcplusplus.dev/ Prior and relevant episodes: SLP168 Lisa Neigut – Lightning Network Channel Accounting and Dual Funded Channels SLP488 Future Visions of Lightning, Greenlight & Breez SDK with Christian Decker and Roy Sheinfeld SLP502 Validating Lightning Signer – Ken Sedgwick SLP195 Nix-bitcoin: A Security Focused Bitcoin Node SLP505 MuSig2 in Practice, APO, CTV & Bitcoin Soft Forks with Brandon Black SLP507 Bitcoin Cryptography and Scripting with Andrew Poelstra Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter<a href="https://twitter.com/stephanlivera" target="_blank" rel="noreferrer
S1 E508 · Tue, August 29, 2023
Are Bitcoin’s 4 year cycles over? Vijay Boyapati rejoins me on the show to talk about his view of where things are in the economy. We chat: Recession? 18 month lag Risk on or risk off? Bitcoin as a macro asset 4 year cycles Is an ETF good for Bitcoin? Pacific Bitcoin Links X: @real_vijay Prior episodes: SLP332 Vijay Boyapati – The Bearish Case for Bitcoin SLP233 Vijay Boyapati – Bitcoin Valuations & Cycles SLP185 Vijay Boyapati – What Bitcoin Is SLP76 Vijay Boyapati – Bitcoin is not Paypal 2.0 SLP40 Vijay Boyapati – Why Credit Deflation is More Likely Than Mass Inflation Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera Follow me on X: @stephanlivera Subscribe to the podcast
S1 E507 · Mon, August 28, 2023
Andrew Poelstra (Director of Research, Blockstream) has been around Bitcoin research and development for a long time, and has a lot of insight to share on Bitcoin research in this episode. For part 2 of my discussion with Andrew we focus more on bitcoin and cryptography research that the team are working on, and what it means for the future of Bitcoin: Cryptography Bulletproofs++ MuSig2 FROST Bitcoin Scripting Miniscript Simplicity CTV and APO Covenants: are they risky for Bitcoin? Transaction Introspection on Liquid Links: Blockstream Research on X Blockstream Research site Other relevant episodes: SLP476 What is FROST? Is it the future of Bitcoin Multi Sig? with Nick Farrow SLP222 Jonas Nick and Tim Ruffing What’s MuSig2? What Does it Mean for Bitcoin Multisig? SLP452 Bitcoin Miniscript and what it enables – with Antoine Poinsot & Salvatore Ingala SLP339 Jeremy Rubin – What is Check Template Verify? SLP505 MuSig2 in Practice, APO, CTV & Bitcoin Soft Forks with Brandon Black Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter<a href="https://twitter.com/stephanlivera" target=
S1 E506 · Sun, August 27, 2023
A ‘paper computer’ for Bitcoin checksums and Shamir Secret Sharing may seem absurd, but that’s what we’re talking about in this episode! This project is a scheme to generate, encode, checksum, split and recover Bitcoin secret keys, using pencil, paper and lookup tables (alternately, volvelles). We discuss codex32 and the motivation behind it with Andrew Poelstra (Director of Research, Blockstream). Note this is the first of a two part episode. In this first part we discuss: Bitcoin private keys today Multi signature and Shamir Secret Sharing contrasted Where to keep shards or keys Error correction Risks with Hardware wallets (even though you should still use them) BIP39 vs codex32 Limitations of the paper computer (Volvelles) Links: codex32 website codex32 github Blockstream store Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 SL links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E505 · Fri, August 25, 2023
Brandon Black (aka Rearden Code) joins me on the show to talk about his experience implementing MuSig2 at BitGo, and also his thoughts on the future Bitcoin soft fork discussion re: APO (ANYPREVOUT), CTV (Check Template Verify), and his proposal on moving forward: MuSig2 benefits Implementing MuSig2 MPC vs Script What are APO and CTV? Brandon’s combo proposal Upgrade hooks Links: Twitter: @reardencode Combined APO + CTV proposal MuSig2 Field report on Bitcoin Optech Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E504 · Wed, August 23, 2023
Have you been wondering about how to design your lifestyle overseas? Rigel (aka coinsurenz) rejoins me on the show to talk about jurisdictional arbitrage in Latin America. We talk about some of his recent moves and his experiences as a bitcoin sovereign individual: Voice vs Exit - what about ‘staying and fighting’? Recent residency acquisition in Paraguay How the Latam residency market has shifted Common mistakes that digital nomads make Owning vs Renting homes and storage lockers Designing your life Links: Twitter: @CoinsureNZ SLP328 The Rise of Bitcoin Nomadism with CoinsureNZ Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E503 · Sun, August 20, 2023
Lawrence Lepard of Equity Management Associates rejoins me to talk about all the things that are breaking: Cost of living crisis Are we going into recession and what timing? Boomer hate US government debt Policy responses Social responses The waiting game Site: Site: Ema2.com Twitter: @LawrenceLepard Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E502 · Thu, August 17, 2023
How can lightning users secure themselves even further? Just like how hardware wallets and secure elements can help secure your cold storage coins, Validating Lightning Signer (VLS) is a project aiming to help improve the way lightning security works. In this conversation with project co-founder Ken Sedgwick, we chat: Why VLS is needed How VLS works Implementing part of the lightning state machine What rules are covered? What lightning implementations are supported? The impact of lightning protocol changes Interactions with watchtowers? How you can get involved Links: Twitter: @VLSProject Site: Validating Lightning Signer Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E501 · Tue, August 15, 2023
Dr Maxim Orlovsky joins me on the show to walk through RGB, a smart contract layer for Bitcoin. We talk through: Some of the history of RGB Client side validation as a concept RGB ecosystem What it can be used for - tokens, bitcoin finance MyCitadel wallet What’s next for RGB Links: Site: RGB Twitter: @dr_orlovsky Personal site: Dr . Maxim Orlovsky Github: Dr. Maxim Orlovsky Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
Sat, August 12, 2023
Andrew Henderson, Founder of Nomad Capitalist rejoins me on the show to talk: Home country bias Looking beyond headlines Evolution in citizenship Global minimum tax and ‘the international community’ CBDC Nomad Capitalist Live Links: Twitter: @nomadcapitalist Site: N omadcapitalist .com Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Base58 Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E499 · Mon, August 07, 2023
Jonathan Chester, Founder/CEO of Bitwage joins me to talk about his experience setting up the company and enabling more people to earn Bitcoin: The story of growing Bitwage The market size for payroll Exploring Lightning payouts Remote working as a trend HODLing as the use Links: Twitter: @Bitwage Site: Bitwage Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E498 · Fri, August 04, 2023
Mara joins me to talk about his adventures in Argentina, and his thoughts on: Geo arbitrage Rules in theory, rules in practice FX in Argentina Bitcoin use in Argentina Argentina’s property market Where things are going with CBDCs Mara links: Twitter: @BowTiedMara Substack: BowTiedMara - Geoarbitrage & Mobility Assets Sovspot: Live & Work from anywhere Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E497 · Wed, August 02, 2023
Author, digital nomad and web entrepreneur Olivier Roland joins me to talk about his issues with AML and his very interesting views on where the world is going in the age of remote working and internet communications. The problem with KYC / AML FATCA Taxes and the Sovereign Individual thesis Digital Nomadism disrupting nation states Links: Twitter: @DisruptiveHoriz Site: Disruptive Horizons Relevant prior episodes: SLP318 Ronald Pol - The Ineffectiveness of AML SLP424 Simon Lelieveldt The problem with FATF and AML Laws Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E496 · Sat, July 29, 2023
Fernando Nikolic, Director of Marketing and Comms at Blockstream joins me on the show to talk about the slightly controversial idea that Bitcoin is Not for Everyone! We get into: His background and why he believes bitcoin is not for everyone Who is it really for? What about savings technology? Is there a role for bitcoin evangelists? Teaser on what’s coming with Blockstream Green How to move forward Links: Twitter: @basedlayer Links: T o Drive Meaningful Adoption, We Should Accept That Bitcoin is Not for Everyone Newsletter: Bitcoin Perception Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space SL Links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E495 · Wed, July 26, 2023
Joe Carlasare (Partner at Amundsen Davis LLC) and Bitcoiner joins me to share his legal expertise and opinions on: Why you shouldn’t expect the Bitcoin spot ETF soon The SEC Ripple decision SEC Binance and Coinbase Bitcoin and stablecoins Macro thoughts Links: Twitter: @JoeCarlasare Site: Amundsen Davis Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E494 · Mon, July 24, 2023
Hannah Frankman of Rebel Educator joins me to talk about homeschooling and the problems of Public School: Failures of public schooling vs homeschooling Infantilization of people nowadays Homeschooling vs unschooling Social skills of homeschooled kids Single income trade offs Results of homeschooling Links: Twitter: @rebelEducator Twitter: @HannahFrankman Youtube: @thehannahfrankmanpodcast Podcast (Spotify): The Hannah Frankman Podcast Article: How to Homeschool/UnSchool your kids for free Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E493 · Thu, July 20, 2023
Matthew Williams, Head of Derivatives at Luxor Mining joins me to talk about Bitcoin Mining hashprice derivatives and what they will do for bitcoin miners: Getting into bitcoin mining What is hashprice? How hashprice shifts over time What is a non-deliverable forward? Who should use an NDF? Professionalising bitcoin mining Link: Site: Luxor Technolog ies Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space
S1 E492 · Tue, July 18, 2023
Have you considered using eSIMs instead of your typical telco mobile phone SIM? Silent.link joins me to talk about: How the online eSIM service works and costs Privacy and security with phones How carriers have you pwned zero-day exploits Convenience and traveling with an eSIM Experiences using Bitcoin and Lightning Links: Twitter: @silentlink1 Site: Anonymous eSIM Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E491 · Wed, July 12, 2023
Ryan MacLeod (Nuclear Bitcoiner) joins me to talk about Bitcoin and Nuclear Energy. We talk: Is nuclear energy too costly? What are SMRs? Small Modular Reactors Nuclear waste and safety concerns How Nuclear energy crosses over with Bitcoin mining Reduced costs and increased accessibility Links: Twitter: @NuclearBitcoinr Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space
Mon, July 10, 2023
Dusty Daemon joins me to talk about splicing on Bitcoin’s lightning network. We talk about: What is splicing? Splicing’s potential privacy benefits Potential to undermine surveillance heuristics Splicing’s efficiency gains Splicing as one tool in the toolkit Walkthrough of how it works Site: Site: Lightning Splicing Twitter: @dusty_daemon Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
Thu, July 06, 2023
Will every company be a lightning company? Graham Krizek CEO of Voltage rejoins me on the show to talk about this idea as well as what’s happening in bitcoin and lightning: Being near the printer Why big companies do financial services What lightning does differently What use cases are there and who’s looking at them? Products at Voltage Thoughts on LDK by Spiral Links: Article: Every Company Will Be A Lightning Company Article: SURGE NOW AVAILABLE FOR VOLTAGE USERS Twitter: @gkrizek Twitter: @voltage_cloud Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space
S1 E488 · Wed, June 21, 2023
Christian Decker (Blockstream) and Roy Sheinfeld (Breez) rejoin me on the show to talk about: What has improved about Lightning over time Lightning in a high fee environment What Greenlight is What Breez SDK is Is anything changing on the existing Breez app? Core-lightning contrasted with other implementations Lightning protocol improvements Links: Twitter: @Snyke Twitter: @therealkingonly Site: Your personal Core Lightning node, without the technical fuss. Site: Breez SDK Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E487 · Thu, June 15, 2023
Digiconomist (Alex de Vries) and Ben Gagnon (Chief Mining Officer, Bitfarms) join me on the show to debate Bitcoin Mining energy. We talk through: Bitcoin Mining machine efficiency assumptions Where do the models break down? Media referring to scary numbers in the bull cycle Transactions per second metrics Links: Twitter: @DigiEconomist Twitter: @hashoveride Digiconomist energy consumption index: Bitcoin Energy Consumption Index CBECI (Cambridge) referred to: Bitcoin network power demand Prior episode: SLP478 Ben Gagnon Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E486 · Wed, June 14, 2023
Peter Dunworth is a financial adviser for high net worth individuals and families. He joins me to talk about what most people are getting wrong on bitcoin estate planning and inheritance. We discuss: Why bother with all this? Legal, asset protection and tax benefits Possession vs Title of coins Collaborative custody Practical components Miniscript and technical advances Valuation framework for Bitcoin and why inheritance matters Links: Site: https://www.thebitcoinadviser.com/comparison Peter’s Twitter: @ PeterBTCAdviser TheBTCAdviser’s Twitter: @ TheBTCAdviser Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E485 · Tue, June 13, 2023
Jonathan Newman, Associate Professor of Economics and Mises Fellow joins me to chat: Contrasting definitions of inflation How did Mises define inflation? How did Rothbard define inflation? Where and how does fractional reserve come into it? Cantillon effect and the Mises effect Costless production of money Links: Paper: What Is Inflation? Clarifying and Justifying Rothbard’s Definition Twitter: @NewmanJ_R Twitter: @KrisMoustHansen Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E484 · Mon, June 05, 2023
Robin Linus from the ZeroSync project joins me to talk about how ZKPs can be used to help people quickly get started using Bitcoin. We discuss: What ZKPs are and what they can be used for Speeding up IBD Contrasting ZeroSync with utreexo and assumeutxo UTXO set commitment Blockstream satellite What’s being verified? Different types of nodes Links: Site: zerosync.org Twitter: @ZeroSync_ Twitter: @robin_linus Sponsors Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E483 · Fri, June 02, 2023
What happens under a high fee environment on the lightning network? We had one recently and so I asked Niftynei (Lisa of Base58), D++, and Nate (Voltage Head of Support & Education) to join me to talk about it: Lightning implementations handling the fee spike Force closes in lightning Bitcoin performed just fine Anchor outputs Mitigation techniques Setting fee rates Links: plebnet telegram: https://t.me/plebnet Plebnet wiki: https://plebnet.wiki/wiki/Main_Page base58: https://www.base58.info/ Voltage blog post: https://voltage.cloud/blog/lightning-network-faq/lightning-node-management-handling-high-on-chain-fees/ Twitter: @beeforbacon1 Twitter: @niftynei Twitter: @D_plus__plus
S1 E482 · Mon, May 29, 2023
Burak (Bitcoin researcher/developer) joins me to talk about Ark, a new protocol for Bitcoin scaling and privacy. We chat about: Downsides of LN High level overview ASPs, vTXOs Vapourware? Other criticisms Interactive vs non-interactive versions Covenants and what they’d mean for Bitcoin Links: Site: arkpill.me Twitter: @brqgoo Telegram: https://t.me/ark_network_community Relevant prior episode: SLP339 Jeremy Rubin – What is Check Template Verify? Sponsors Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E481 · Thu, May 25, 2023
Kemal of Galoy Money joins me to chat about his Bullish Case for Bitcoin Custodians. We debate the trade offs and points such as: Remnant vs ‘Big Tent’ Why not write down 12 words? “Mis-selling” Bitcoin Shotgun KYC, and FRB ‘paper bitcoin' risk Jurisdictions and regulation Financial hierarchy of needs Links: Twitter: @_pretyflaco Blog: https://www.swanbitcoin.com/the-bullish-case-for-bitcoin-custodians/ Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E480 · Sun, May 21, 2023
The Bitcoin Handbook is a new visual and simplified explainer of Bitcoin concepts by Anil. Anil has been making awesome graphics and explanatory content about Bitcoin and he joins me on the show to chat: Meeting people where they are Different ways of explaining bitcoin concepts Why property should not be your piggybank Property Bubbles and investing around the world The intransigent minority Where to get the book Links: The Bitcoin Handbook on Amazon: https://a.co/d/0tyJRvf Checkout via Lightning: https://bitcoinbook.shop/products/the-bitcoin-handbook … Anil’s Twitter: @anilsaidso Anil’s free educational resources: https://anilsaidso.gumroad.com Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E479 · Tue, May 16, 2023
Jess Jonas, Chief Legal Officer of the Bitcoin Legal Defense Fund joins me to chat: Overview the Bitcoin Legal Defense Fund - supported by Jack Dorsey, Alex Morcos, Martin White What's the threat with the Tulip Trading Case? What are the open source licensing implications for developers? Secondary case and Bitcoin copyright claims Site: Site: B itcoindefense.org Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E478 · Sun, May 14, 2023
Ben Gagnon CMO of BitFarms joins me to talk about the flaws of the overly cited Digiconomist’s work on Bitcoin Mining impact. We discuss: Key flaws in methodology and assumptions Carbon emissions per transaction is a flawed metric Better comparisons and ways of reasoning about mining Links: Site: bitfarms.com Twitter: @hashoveride Article: We Need To Talk About The Not Science Behind Digiconomist Tweet thread: https://twitter.com/hashoveride/status/1512861134537306116 Relevant prior episode: S LP 470 Correcting Nyt Disinformation On Bitcoin With Pierre Rochard Sponsor links: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E477 · Wed, May 10, 2023
You may have heard about bitcoin mining pool centralisation. Stratum v2 and SRI (Stratum v2 Reference Implementation) are here to help by decentralising Bitcoin transaction selection. Listen and learn about how Stratum v2 Reference Implementation can help: Overview of Stratum v2 benefits Encryption, efficiency, censor resistance Are changes needed to Bitcoin Core? Different actors in mining: Pools, Miners, Hardware Device firmware and translation proxy How you can help or contribute Links: Donate: https://www.swan.com/stratum Site: S tratumprotocol.org Fi3 Twitter: @free_sht_max Pavlenex Twitter: @pavlenex Prior SLP ep on Stratum v2: SLP128 Jan Čapek – Stratum v2 Bitcoin Mining Protocol Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E476 · Wed, May 03, 2023
Nick Farrow joins me to talk about new developments coming in Bitcoin multi-signature security: FROST and what it is Privacy benefits Downsides of FROST e.g interactivity, complexity ROAST - what it is How hardware and software might have to change to adapt The future of multi sig Links: Site: utxo.club Twitter: @utxoclub FROST paper https://eprint.iacr.org/2020/852.pdf ROAST paper https://eprint.iacr.org/2022/550.pdf Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E475 · Fri, April 28, 2023
Rapha Zagury CIO and Head of Research at Swan joins me to talk: Financial modelling flaws in the fiat financial world Putting things in terms that other people understand Open source research Nakamoto Portfolio Schrodinger Model Lump sum vs DCA Bitcoin vs altcoin Links: Twitter: @alphaazeta Site: NakamotoPortfolio.com Blog: Why Bitcoin is the Ultimate Asset for your IRA Nakamoto Portfolio thread: https://twitter.com/alphaazeta/status/1640005261099139073 Bitcoin vs altcoins thread: https://twitter.com/alphaazeta/status/1641534991556288532 Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E474 · Wed, April 26, 2023
Henrik Skogstrøm, Founder and CEO of LN Capital joins me to talk about the lightning network: Managing large lightning nodes Key challenges Monitoring Notifications Tools required Privacy vs reliability New tech Links: Twitter: @ohskogstrom Twitter: @LN_Capital Site: https://ln.capital/ Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space MicroStrategy Bitcoin and Lightning for Corporations event May 3-4, 2023 (code LIVERA): https://www.microstrategy.com/en/world-2023/bitcoin-for-corporations
S1 E473 · Tue, April 18, 2023
Matthew Mezinskis of Porkopolis / Crypto Voices joins me on the show to help explain the structure of the fiat fractional reserve system. Listen to this episode to get an understanding of the different monetary metrics and more: Monetary metrics, monetary base and more Fractional reserve in the fiat system Eurodollars and ‘crypto’ eurodollars How the bitcoin system may evolve in future Why focusing on bottom up is key Links: Twitter: @crypto_voices Site: Porkopolis.io Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E472 · Sun, April 16, 2023
Matyas Kuchar joins me to talk about the Czech Bitcoiner scene and what’s coming up with BTC Prague: Notable and early bitcoin companies in Prague Organising Bitcoin conferences What to expect with BTC Prague Links: Twitter: @Matyas44Cook Site: BTCPrague.com (use code LIVERA) Twitter: @BtcPrague Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E471 · Thu, April 13, 2023
Erik Cason joins me on the show to talk about his journey as a Bitcoiner, from working at Coinbase to leaving and now writing and speaking about Bitcoin: Digital Panopticon and defunding three letter agencies Making Money vs Caring for money Can Bitcoin be corrupted? Cryptosovereignty and political power Links: Twitter: @Erikcason Site: C ryptosovereignty.org Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E470 · Tue, April 11, 2023
Pierre Rochard (VP of Research at Riot Platforms) rejoins me on the show to correct the NYT’s recent disinformation article on Bitcoin. We discuss: Fundamental problems with the degrowth world view Factual errors in the article Demand response Bitcoin mining has zero emissions How Bitcoiners should respond Links: NYT article screenshots by Pierre Archive.is link to the NYT article Twitter: @BitcoinPierre Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space
S1 E469 · Wed, April 05, 2023
Peter St Onge rejoins me to talk about whether the world is really dedollarising. What kind of timeframe are we talking about here? We also talk through some recent developments from an austrian economics perspective: Dedollarisation Cantillon Effects Fictional Reserve Banking systems Did the market really ‘choose’ FRB? How Bitcoin is really what most people think of as money Twitter: @profstonge Substack: S tonge. S ubstack.com YT: https://www.youtube.com/@profstonge Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E468 · Tue, March 21, 2023
Hampus Sjoberg, creator of Blixt Wallet joins me to talk about lightning technology and crafting a non-custodial experience while dealing with the trade offs of custodial lightning. LNURL - what is it and where is it useful? Comparison with bolt12 Blixt wallet and its tradeoffs Lightning Box for offline payments Bitcoin soft forks - why they should be considered Links: Twitter: @hampus_S Site: Blixt Wallet nostr: npub1v4v57fu60zvc9d2uq23cey4fnwvxlzga9q2vta2n6xalu03rs57s0 Prior episodes: SLP449 James O’Beirne OP_Vault – A New Way to HODL? SLP463 Bitcoin Transaction Pinning, ANYPREVOUT & eltoo with Greg Sanders (Instagibbs) SLP461 What Bitcoin Specialises In with Matt Corallo Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com
S1 E467 · Sat, March 18, 2023
James Lavish (Author of the Informationist and Managing Partner of Bitcoin Opportunity Fund) rejoins me on the show to talk about the latest: Shocking US government debt stats Silicon Valley Bank bailout and what it portends Using Bitcoin to stay operational in banking crisis Bitcoin Opportunity Fund Links: Twitter: @jameslavish Newsletter: https://jameslavish.substack.com/ BOF: The Bitcoin Opportunity Fund Thread: https://twitter.com/jameslavish/status/1636104435171737602 Sponsor links: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E466 · Fri, March 17, 2023
Ben Carlson, journalist and former editor at The Atlantic joins me on the show to chat about: How the media operates and the model has shifted over time Getting to the truth in this new age How stories get covered up Future of media Uncovering interesting videos Links: Twitter: @bfcarlson Site: bfcarlson.com Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E465 · Mon, March 13, 2023
Calvin Kim (BitMEX & HRF grantee) joins me to talk about utreexo: utreexo and the UTXO set comparison with other ideas e.g. assumevalid and assumeUTXO utreexo proofs Types of utreexo nodes - Bridge + Compact State nodes How it might look in practice Running your own electrum server Privacy benefits Links: Twitter: @kcalvinalvinn utreexo Github: https://github.com/utreexo/utreexo Overview at MIT DCI https://dci.mit.edu/utreexo Blog post: Out of Order Block Validation with Utreexo Accumulators Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com
S1 E464 · Wed, March 08, 2023
Erick Brimen of Prospera joins me to talk about: Creating $100-200T more wealth globally The market for living together Historical examples Governance, Government, & The State ZEDE law and uncertainty Working with Galoy Money Accepting Bitcoin & AmityAge on the island Links: Site: https://prospera.hn/news Twitter: @erickbrimen Other episodes: SLP417 Titus Gebel – Free Cities & Parallel Structures For Liberty SLP161 Titus Gebel – Bitcoin Citadels as Free Private Cities SLP340 Peter Young – El Salvador On The Ground & Free Private Cities Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E463 · Sun, March 05, 2023
Greg Sanders of Blockstream joins me to talk about Transaction Pinning, ANYPREVOUT and eltoo. We discuss a range of questions: What is Transaction Pinning? How does mempoolfullrbf help? Transaction Pinning vectors and possible fixes v3 transaction relay Overview of ANYPREVOUT Improvements with eltoo LN Penalty contrasted with LN Symmetry Scaling Bitcoin longer term Relevant episodes: SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP298 Rusty Russell – Lightning Offers / BOLT12: The next big thing in Lightning? Links: Twitter: @theinstagibbs Github: Gregory Sanders Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E462 · Sun, February 26, 2023
Craig Raw of Sparrow Wallet rejoins me to chat: Bitcoin multi signature security Passphrases contrasted with multi-sig NFC support What’s the difference between seed, passphrase, PIN & app password? Stages of HODLing BSMS BIP329 Import and export of transactions BIP47 support Links: Twitter: @craigraw Site: SparrowWallet.com nostr: #npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 BIP329 Relevant episodes: SLP459 Q1 and Bitcoin Security with NVK SLP455 Anant – Single Sig or Multi Sig? Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E461 · Wed, February 22, 2023
Matt Corallo of Spiral Bitcoin rejoins me to chat about the purpose of Bitcoin and developments in the space: Bitcoin contrasted with stablecoins Bitcoin’s specialty Future problems vs today problems Canadian Trucker Bitcoin Donations and adversarial environments Cultural aspects What does it take to have Bitcoin Soft forks again? LDK Links: Twitter: @TheBlueMatt Spiral: Spiral.xyz LDK: Lightningdevkit.org Async payment post Prior episodes: SLP257 Matt Corallo – Bitcoin Soft Fork Activation, Taproot, and Playing Chicken Other relevant episodes: SLP449 James O’Beirne OP_Vault – A New Way to HODL? SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP456 Casey Rodarmor What are Ordinals? SLP349 Chris Stewart Bitcoin DLCs & Stablechannels SLP298 Rusty Russell – Lightning Offers / BOLT12: The next big thing in Lightning? Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com <a href="https://www.btcprague.com/tickets" rel="noreferrer nofollow n
S1 E460 · Sat, February 18, 2023
Mark Goodwin is the Editorial Director for Print at Bitcoin Magazine. He joins me to chat about the dynamics of Bitcoin and the Dollar: Warring factions in the govt Monetary dominance Protocol risks created by stablecoins? Bitcoin still surviving and thriving Links: Store: https://store.bitcoinmagazine.com/ Twitter: @markgoodw_in Article: Bitcoinmagazine.com Article: https://bitcoinmagazine.com/business/stablecoin-monster-cbdc-red-herring Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E459 · Tue, February 14, 2023
NVK (of Coinkite.com) rejoins me to chat about the latest in bitcoin security: New device Q1 with QR New Coldcard firmware Combining security techniques Bitcoin Gardening, not Ossification OP_VAULT Nostr Links: Q1: https://coldcard.com/docs/coldcard-q1 NVK's Nostr npub: npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 Previous Episodes: SLP418 NVK Tapsigner: Bitcoin Hardware for the Masses? SLP344 NVK – Coldcard Mk4, Tapsigner, Satscard – Bitcoin Hardware Innovation SLP290 NVK Bitcoin Security & Backups Primer SLP252 NVK Bitcoin Hardware Wallets vs Air Gapped Computers Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E458 · Sun, February 12, 2023
Peter St Onge rejoins me on the show to talk about AI and what it means from an economic perspective. Many believe that all the jobs will disappear or there will be massive economic chaos. We discuss: AI and what jobs it will take What new jobs will be created? What about UBI? Implications for choosing a career ChatGPT and political bias Existential risks Trillion dollar coins Links : Twitter: @profstonge Substack: HyperBitcoinization | stonge.substack.com YouTube: @Profitsofchaos | Youtube.com Prior episode: SLP272 Peter St. Onge - Bitcoin Energy Double Standards & Why Robots Are Not Taking All Our Jobs Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E457 · Wed, February 08, 2023
Bill Hill from Pouch (Bitcoin Island Philippines) and Malcolm Weed from Neutronpay join me to talk about Bitcoin as international money and the scene in Asia. Bill and Malcolm share some insights into Bitcoin and lightning on the ground, and remittance corridors. We also talk about their upcoming events, Lightningcon in Da Nang and Bitcoin Island Retreat coming up at the end of March. We chat: Merchant adoption Bitcoin remittances Bitcoin and lightning companies collaborating Knowledge about the lightning network Bitcoin communities locally Links: Twitter: @BitcoinIslandPH Site: https://pouch.ph/retreat2023 Site: https://lightningcon.org/ BitcoinBeachVN: @BitcoinBeachVN Site: Neutronpay.com Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E456 · Thu, February 02, 2023
Casey Rodarmor joins me to chat about Ordinals and Inscriptions. Now we get into the pros and cons of this, and whether it is bad for Bitcoin. We chat: What Ordinals and Inscriptions are The ‘bull’ case for Ordinals and Inscriptions Do they spam the bitcoin blockchain? Witness data on the input side, not output side Is it harder to validate? Can it even be stopped? Marginal consumption of block space Links: Twitter: @rodarmor Site: Ordinals.com Podcast: https://hellpodcast.money/ BitMEX post: https://blog.bitmex.com/dapps-or-only-bitcoin-transactions-the-2014-debate/ Andrew Poelstra’s commentary: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-January/021372.html Sponsors: Swan Bitcoin Cory's blog post for Swan: Bitcoiners, it's winning time Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com
S1 E455 · Wed, February 01, 2023
Anant of BitHyve (Hexa, Keeper) rejoins me on the show to chat about the question of securing your Bitcoin in single signature or multi signature. We also talk through best practices. Topics covered: Single sig or multi sig Costs of multi sig Detailed walkthrough of multi sig set up Practical tips to keep it simple Keeper and features Miniscript and Musig2 Bitcoin4india Links: Twitter: @anant_tap Twitter: @bitcoinKeeper_ Site: B itcoinkeeper.app Relevant prior episodes SLP429 – Anant Tapadia Bitcoin In India, Keeper, b4i conference SLP290 NVK Bitcoin Security & Backups Primer SLP215 Michael Flaxman – 10x Your Bitcoin Security With Multisig Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E454 · Sat, January 28, 2023
Dante Cook of Swan Business joins me on the show to chat about: Athletes and Bitcoin Proof of Work Shipping Containers and Bitcoin The need for entrepreneurs The old system fighting the new Bitcoin for businesses Links: Twitter: @Dante_Cook1 Email: Dante@swan.com LinkedIn: https://www.linkedin.com/in/dantecook/ Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E453 · Thu, January 26, 2023
Luke Gromen of Forest For The Trees rejoins me on the show to talk about his macro views: Soft landing vs hard landing Government debt levels US Interest rates and “chicken-pivot” Commodities and dedollarisation Outlook for Bitcoin Links: Twitter: @LukeGromen Site: https://fftt-llc.com/ Prior episode: SLP247 Luke Gromen – Does Bitcoin Recreate The Hunger Games? Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E452 · Mon, January 23, 2023
Antoine Poinsot of Revault/WizardSardine and Salvatore Ingala of Ledger join me to explain: What is Bitcoin Miniscript? How does it help enable new uses of bitcoin? Inheritance, timelocking and business use Security Complexity Liana and Ledger Software and hardware Next steps from here Links: Twitter: @darosior Twitter: @salvatoshi Blog: https://blog.ledger.com/miniscript-is-coming/ WizardSardine: A team of bitcoiners with a passion for security Liana: Announcing Liana BIP for wallet policies: [New BIP] Wallet Policies #1389 Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera Miniscript resources: github.com/LedgerHQ/app-bitcoin-new : the Ledger Nano application for bitcoin <a href="https://bi
S1 E451 · Thu, January 19, 2023
Brad Mills (Bitcoin HODLer and VC investor) joins me to dissect cRyPtO scams from the last cycle. What lessons are there to be learned about the dynamics? Listen in to hear some post mortem commentary, as well as some views on what’s coming. We discuss: cRyPtO ponzi dynamics How the cycles line up Fake decentralisation Liquid staking Yield chasing Bitcoin fundamentals Links: Twitter: @bradmillscan Site: Bradmills.ca Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E450 · Wed, January 18, 2023
Josibake (bitcoin core developer) joins me on the show to talk about Bitcoin Developer Education and why it’s much improved nowadays! We discuss a range of topics: Why is it important? What are the main bottlenecks? What career opportunities are there? Chaincode labs seminars Qala Bitcoin Dev Philosophy book Onboarding to bitcoin core What he’d like to see in Bitcoin Links: Twitter: @josibake Chaincode Labs Seminars Onboarding to Bitcoin Core Bitcoin D evelopment P hilosophy Prior episodes: SLP124 Jon Atack – Bitcoin Core Contribution SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club SLP359 Abubakar Nur Khalil – Bitcoin in Africa, Qala, B Trust, Recursive Capital SLP229 John Newbery – Brink: Bitcoin Development SLP406 Adi Shankara Bitcoin Needs Technologists & Summer of Bitcoin Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) <a href="http://buildonl2.com/" rel="noreferrer
S1 E449 · Sat, January 14, 2023
James O’Beirne (Bitcoin Core developer) rejoins me on the show to chat about OP_Vault. We discuss: The history of the Vault idea Precomputed vaults vs General covenants What does a good vault look like? How OP_Vault works Who it’s for What next with OP_Vault Links: Paper: Vaults and Covenants Twitter: @jamesob Mailing list discussion: [bitcoin-dev] OP_VAULT: a new vault proposal Twitter Thread: https://twitter.com/jamesob/status/1612482957406801922 Prior episodes: SLP339 Jeremy Rubin – What is Check Template Verify? SLP404 Gloria Zhao – What Do Bitcoin Core Maintainers Do? SLP83 Conner Fromknecht – Bitcoin Lightning Watchtowers in depth SLP66 James O’Beirne – The truth about ‘power’ in Bitcoin Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: <
S1 E448 · Fri, January 06, 2023
Texas Slim and Jacob Wolki join me on the show to chat about what people are getting wrong with their nutrition nowadays, and how the beef initiative is helping. We chat: Nutrition today and what’s gone wrong The Beef Initiative Regenerative Agriculture and the difference in product Using Bitcoin w/IBEX, OpenNode, BTCPay Inaugural Australian Beef Initiative Summit Feb 12th Links: Event link: Australian Beef Initiative- Sunday 12th Twitter: @JakeWolki Twitter: @modernTman Jake’s Site: W olkifarm.com.au Slim’s Site: B eefinitiative.com Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E447 · Thu, December 29, 2022
K3tan of Ministry of Nodes rejoins me on the show to chat about his recent survey and review the year in Bitcoin. We discuss: Practical tips on using Bitcoin Which Bitcoin projects/software/hardware came out on top and why Self sovereignty and adoption Lightning Fedimint, Cashu What to expect for the next year Links: Twitter: @_k3tan Twitter: https://twitter.com/_k3tan/status/1600068204185153536 Site: https://ministryofnodes.com.au/ Prior episodes: SLP315 k3tan – Networking For Bitcoiners SLP411 K3tan Why Raspberry Pi Bitcoin Nodes Are Bad Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E446 · Fri, December 23, 2022
Alex Gladstein of HRF rejoins me on the show to chat about: Attending Africa Bitcoin Conference How the World Bank and IMF keep poorer countries in a debt trap The ‘strings’ attached to debt Odious debt Cash crops How does this resolve? Will Bitcoin help fix this? Links: Twitter: @gladstein Article: Structural Adjustment: How the Imf and World Bank Repress Poor Countries and Funnel Their Resources to Rich Ones HRF grants: HRF Bitcoin Development Fund Awards $325,000 in New Grants Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E445 · Thu, December 22, 2022
Dhruv Bansal, co-founder and CSO of Unchained Capital rejoins me on the show to talk about: The bear cycle and what happened Leverage and the role of credit Bitcoin and financial planning Inheritance Planning Multisig & Taproot Nostr Bitcoin and computer security Links: Twitter: @dhruvbansal Site: Unchained.com Prior episodes: SLP221 Joe Kelly And Dhruv Bansal – Should Your Business Hold Bitcoin? Unchained Business Accounts SLP113 Dhruv Bansal – Bitcoin Multisig & Hermit with Unchained Capital SLP41 Dhruv Bansal of Unchained Capital – Bitcoin Dust in the Machine, and Bitcoin Financial Services Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E444 · Wed, December 21, 2022
Muzz from Lightning Ventures joins me to chat: The world of Bitcoin VC Is it fiat? Investing in companies Thinking long term Problems with chainalysis Bitcoiner Jobs Should you evangelise bitcoin? Tips for founders Links: Site: ltng.ventures Twitter: @MikeJarmuz Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E443 · Sun, December 18, 2022
Conza (austro-libertarian writer and organiser of Mises Seminar Australia) joins me on the show to talk about praxeology, and common bitcoin misconceptions. We chat: Praxeology basics Why it’s not ‘mere preference’ Why accuracy is important Classifying bitcoin vs IOUs Inaccurate analogies about energy, time, violence/weapon Links: Twitter: @Conza Site: mises.org.au Site: conza.tumblr.com Saifedean Conza episode : 134. Praxeology in One Lesson with Conza Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E442 · Thu, December 15, 2022
Joe Burnett of Blockware joins me to chat about why Bitcoin’s security is probably fine in the long term. We chat about the typical arguments for and against here, as well as the surprising idea of ‘finality, not security’. Bitcoin long term security arguments Finality, not security Bitcoin’s scaling cycle Why ETH is more or less doomed Bull and bear markets of bitcoin are a feature Links: Twitter: @IIICapital Blockware/Riot Mining Report: Bitcoin Transaction Fees Thread: https://twitter.com/IIICapital/status/1599813831231827968 Blockware Purchasing Power report Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com
S1 E441 · Wed, December 14, 2022
Hermann from Bitcoin Ekasi joins me to chat about his journey banking the unbanked: Being inspired by bitcoinbeach Conditions in the town in Mossel Bay, South Africa Shops taking bitcoin payment Dealing with volatility Why maximalism is practical Using services like Bitrefill Bitcoin education centre - built with bitcoin / Paxful Links: Site: BitcoinEkasi.com Twitter: @BitcoinEkasi Twitter: @vryfokkenou Article: Bitcoin Ekasi: The Township One Year Later Thread about ‘maximalism’: https://twitter.com/BitcoinEkasi/status/1600820061375459330 Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com
S1 E440 · Mon, December 12, 2022
WizardofAus joins me on the show to chat about the Bush Bash: an alternate model for Bitcoin conferences. To be clear it’s not ‘better’, just different. Wiz and I chat: How he got into organizing bitcoin meetups Bush Bash origins Attendee feedback The commitment filter Structuring the weekend No sponsors needed? Tips on replicating the model L inks: Twitter: @ BTCSchellingPt Site: bitcoinbushbash.info Twitter: @ bitcoinbushbash Article: Gather Your Tribe - Citadel 21 Mentioned: Inventing Bitcoin (Free link) Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) BTCPrague.com (code LIVERA) Blockstream.com Mempool.space
S1 E439 · Thu, December 08, 2022
Federico Tenga of Bitfinex joins me to chat about RGB, what it is and what it enables using bitcoin: What is RGB? Enabling stablecoins, collectibles and other assets How does it work? Issuing new assets, transferring and deletion Does it create an MEV situation for Bitcoin? Iris Wallet Links: Twitter: @FedericoTenga Iris Wallet Github: @iris_wallet RGB FAQ: rgbfaq.com Article: RGB M agic: C lient- S ide C ontracts on B itcoi n Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin
S1 E438 · Wed, December 07, 2022
Lawrence Nahum of Blockstream joins me to chat about: RBF and mempoolfullrbf 0 conf arguments Blockstream Green Jade and bitcoin security BuildonL2 L inks: Twitter: @LarryBitcoin Site: Blockstream .com Build on L2: https://www.buildonl2.com/ Sponsors: BTCPrague.com (code LIVERA) Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com
S1 E437 · Sat, December 03, 2022
Jordan Schachtel, independent journalist and writer joins me to chat about the problems in media today, and how we’re in a clown world. We discuss: Media bias and narratives SBF and the FTX house of cards Was it a government op? Critical factors for hyperbitcoinisation Is the system beyond hope? Links: Twitter: @JordanSchachtel Substack: The Dossier - Substack Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E436 · Wed, November 30, 2022
Juraj Bednar (Author, speaker, co-founder of Paralelni Polis) joins me on the show to chat about: Cypherpunk and libertarian thought Building out the Bitcoin parallel economy Vekslaks and p2p Tips for onboarding bitcoin and lightning users Lightning wallet comparison Links: Twitter: @jurbed Book: Hack Yourself! Site: Juraj Bednar Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E435 · Mon, November 28, 2022
Svetski (Founder of The Bitcoin Times) rejoins me on the show to chat about what he’s working on lately: The Bitcoin Times as a new annual bitcoin publication How and why he got into Austrian economics How bitcoin changes our time preference Explaining Bitcoin Playing the long game with bitcoin adoption Links: Twitter: @SvetskiWrites Twitter: @TimelessBitcoin Site: B itcointimes.com.au Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E434 · Thu, November 24, 2022
Jeremy of Escape to El Salvador joins me on the show to talk about his insights on the ground in El Salvador. We discuss: Why and how some bitcoiners and expats are moving to El Salvador Thoughts on the recent Adopting Bitcoin conference Creature comforts in El Salvador Living on Bitcoin in El Salvador Getting residency or setting up a business Tips for anyone visiting El Salvador Links: Twitter: @ElSalvadorVisas Website: Escape t oElSalvador .org Jeremy’s Adopting Bitcoin talk Other relevant episodes: SLP305 El Salvador Bitcoin Law On The Ground with Aaron van Wirdum SLP279 Michael Peterson and Nicolas Burtey - Bitcoin Beach: Citadel By The Sea in El Zonte, El Salvador SLP381 John Dennehy & Gloriana Solano - Bitcoin Diploma in El Salvador Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon <a href="https://www.patreon.com/StephanLivera" rel="noref
S1 E433 · Sat, November 12, 2022
Dhruv, Pieter Wuille and Tim Ruffing join me on the show to talk about their project to bring encryption to Bitcoin Core. We discuss: What the current state of things is Packet inspection and making bitcoin slightly more private The new proposal for encryption Impact on nodes Feedback wanted Links: BIP324: Enable v2 P2P encrypted transport #24545 https://github.com/dhruv/bips/blob/bip324/bip-0324.mediawiki Site: Bip324.com Twitter: @dhruv Twitter: @pwuille Twitter: @real_or_random Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E432 · Sat, November 05, 2022
James Lavish (author of The Informationist, prior fund manager and macro commentator) joins me on the show to chat about the great debt spiral and how Bitcoin is a big part of the answer. We discuss: Recent central bank rate hikes - Fed and BoE hike 75 basis points Financial zombies Zombie countries and G7 Why the EU is doomed UK Debt problems How Bitcoin Fixes This Links: Twitter: @jameslavish Newsletter: https://jameslavish.substack.com/ Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E431 · Fri, November 04, 2022
Austin Mitchell of Synota joins me to chat about how bitcoin and the lightning network could be integrated with energy markets and the energy life cycle. We chat: Financial inefficiencies in energy markets How Bitcoin and Lightning fix this Automation and integration possible Walking through the energy lifecycle Bitcoin miners paying for their energy with bitcoin Links: Twitter: @aisaacsmitchell Site: Synota.io Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E430 · Thu, November 03, 2022
Zero fee routing rejoins me on the show to do a post mortem on shutting down his LN node project (for now). It was one of the most connected lightning nodes in the network with about 100 BTC capacity, and over 1000 channels. We chat: Why he’s shutting it down How profitable it was Lessons learned Why he’s still bullish on the lightning network and bitcoin Security considerations Would he ever restart the project? Splicing Peerswap Collaborative channel opens Hosted channels Links: Twitter: @zerofeerouting Thread: https://twitter.com/zerofeerouting/status/1586053522029936641 Site: Zerofeerouting.com Prior episode: SLP384 Zerofeerouting – Zero Fee Routing on Lightning Network Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E429 · Mon, October 31, 2022
Anant Tapadia of BitHyve (the team behind Hexa Wallet and Keeper) joins me on the show to talk about what’s going on in India, and the efforts to spread good bitcoin education there as a community. We chat: Bitcoin scene in India Regulation in India Meetup groups p2p trading Keeper and multi signature b4i conference - aims Links: Twitter: @anant_tap Conference site: https://www.conference.bitcoin4india.org/ Keeper: Bitcoinkeeper.app Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E428 · Thu, October 27, 2022
Stack rejoins me on the show to chat about Bitcoin and the four macro factors to watch: Contrasting different views on macro Four factors to watch Is the world done with US Treasuries? What’s the US Fed doing? What about the UK market? Deflationary collapse Links: Twitter: @stackhodler Site: P ro.stackmacro.com Prior episode: SLP397 Stack Hodler – Money Printing Around the World Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com
S1 E427 · Wed, October 26, 2022
Cory Klippsten rejoins me on the show to chat about: The Race to Avoid The War Examples of countries experiencing high inflation Obstacles and hurdles on the way Could the cycles have been avoided? How to contribute if you’re not a developer Pacific Bitcoin Links: Twitter: @coryklippsten Pacific Bitcoin: PacificBitcoin.com (code LIVERA) Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com
S1 E426 · Tue, October 25, 2022
Morgen Rochard of Origin WA joins the show to chat about the world of financial planning and more: Bitcoin allocation percentages Monetary uncertainty “Making your money work for you” Why you want to live in a Bitcoin world Negative real yield Living within your means Links: Origin Wealth Advisors: Originwa.com Twitter: @MorgenRochard Book: Personal Finance QuickStart Guide Bitcoin for Advisors podcast Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E426 · Mon, October 24, 2022
Morgen Rochard of Origin WA joins the show to chat about the world of financial planning and more: Bitcoin allocation percentages Monetary uncertainty “Making your money work for you” Why you want to live in a Bitcoin world Negative real yield Living within your means Links: Origin Wealth Advisors: Originwa.com Twitter: @MorgenRochard Book: Personal Finance QuickStart Guide Bitcoin for Advisors podcast Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E425 · Sat, October 22, 2022
Johns Beharry and Ed of the Bolt.fun project join me to chat about this new online bitcoin and lightning meta-hackathon and how you can get involved. How it got started Prizes and Tracks How teams will be judged Guide Makers Growing the bitcoin developer + designer community Links: Site: https://bolt.fun/ Johns Twitter: @johnsBeharry Ed Twitter: @zapp_ed Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E424 · Tue, October 18, 2022
Simon Lelieveldt, a business engineer with extensive experience in banking, central banking and acting as supervisor joins me on the show. We’re chatting about: The problem of FATF Who are they? How did this organisation form? What impacts they’re having on the world Tricks they use to take advantage of crises How to push back Links: Twitter: @ finhstamsterdam Thread: https://twitter.com/finhstamsterdam/status/1309875813806936064 FATF evaluation thread https://twitter.com/finhstamsterdam/status/1562702570229223424 Unhosted wallets thread https://twitter.com/finhstamsterdam/status/1418328186279141376 Simon’s article: L aw suit B itonic Stephan’s recent article on the topic: Bitcoiners Must Fight the FATF and Its AML Regime Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital <
S1 E423 · Sun, October 16, 2022
Paolo Ardoino (CTO Bitfinex & Tether) rejoins me on the show to chat about just what’s happening Lugano: Funding for the project Helping merchants accepting Bitcoin, USDT, Luga Why do this from the top down? Why not bottom up only? Hub & Incubator Updates on Keet Plan B Forum Links: Twitter: @paoloardoino Lugano site: https://planb.lugano.ch/planb-forum/ Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Blockstream.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E422 · Wed, October 12, 2022
John Haar from Swan Private joins me on the show to chat about his journey working inside the TradFi machine and coming to see Bitcoin as the answer: Being a goldbug Reading and learning at mises.org Methodological differences with mainstream economics Full Reserve and Fractional Reserve thoughts Will we see Bitcoin decorrelation? Inflation Links: Article: How Legacy Finance Perceives Bitcoin Twitter: @john_at_swan Prior episodes: SLP402 Pierre Rochard – Bitcoin Obsoletes Fractional Reserve Banking Prior episodes: SLP266 Croesus_BTC – Bitcoin: Stake Your Claim Before Everyone Else Prior episode: SLP416 Per Bylund – How To Think About Economics Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E421 · Mon, October 10, 2022
Vivek Ramaswamy of Strive Asset Management joins me on the show to chat about: His book Woke, Inc. How executives pursue Woke-ism as a deflection strategy What investors can do about it Activist investing Fighting fire with water How it plays into Bitcoin’s world Links: Twitter: @VivekGRamaswamy Site: Strive.com Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E420 · Thu, October 06, 2022
Nathan and Secondl1ght of the BTCMap FOSS project join me to chat about tagging local bitcoin merchants and how you can get involved. FOSS and data Past attempts at tagging Open systems and walled gardens BTCMap project and how you can contribute Tagging locations Links: Site: BTCMap.org Twitter: @BTCMapDotOrg Github: https://github.com/teambtcmap Nathan: @nathan_da y Secondl1ght twitter: @secondl1ght Secondlight site: secondl1ght .site Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E419 · Wed, October 05, 2022
Matthew McClintock of Bespoke Services joins me on the show to chat about his family office and private trust company for UHNW American clients. We chat: What level of wealth qualifies here? What are the concerns of Bitcoin-affluent families? What kind of structures can they use? Benefits of these structures Trade offs of the approach How the Sovereign Individual thesis may play out Should UHNW Americans consider staying out of these structures? What’s needed from a technology and culture perspective? Links: Site: Bespokeservices.io Twitter: @mcclintock_m Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E418 · Tue, October 04, 2022
NVK of Coinkite rejoins me on the show to talk about how Tapsigner, a Bitcoin NFC Hardware card may be the next big iteration in UX for the masses given it’s price and ease of use. We chat: Low cost hardware devices Tapsigner features and use Bitcoin and NFC support w/Nunchuk SatsCard - the new OPENDIME BlockClock Micro shipping BitcoinTreasuries.Net Bitcoin.Review - NVK’s new podcast Links: Twitter: @NVK Site: Tapsigner.com Site: Coinkite.com (code LIVERA) Site: BitcoinTreasuries.net Site: Bitcoin.review Sponsors: Swan Bitcoin Mempool.space Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E417 · Fri, September 30, 2022
Titus Gebel, author of Free Private Cities, and CEO of Tipolis rejoins me on the show to talk about updates with Free Cities, and why we need to create parallel structures for liberty: Name change Free Cities projects Elements of a Free City Making it work for the long term Liberty In Our Lifetime Conference Links: Twitter: @titusgebel Site: free-cities.org Site: free-communities.org Site: lifetimeliberty.com (code LIVERA for discount) Prior episode: SLP161 Titus Gebel – Bitcoin Citadels as Free Private Cities Relevant prior episode: SLP340 Peter Young – El Salvador On The Ground & Free Private Cities Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E416 · Mon, September 26, 2022
Per Bylund, Senior Fellow of the Mises Institute rejoins me on the show to talk about his new intro book on economics, “How to Think About Economics”. This is a great new ‘first book’ on economics, especially in the Austrian tradition. We discuss: How this book project came about Austrian methodology Comparison with other books Rationing vs Production Educating family and friends on Austrian econ Links: Twitter: @PerBylund Book: How to Think about the Economy: A Primer Prior episode: SLP38 Per Bylund – The size of firms Prior episode: SLP87 Per Bylund – The Problem of Production Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E415 · Wed, September 21, 2022
Prince Philip of Serbia joins me on the show to chat about his journey of learning about Bitcoin: Bitcoin, Economics and Finance Joining Jan3 Bottom up adoption and Top down adoption What kinds of state level adoption help? Dealing with typical Bitcoin FUD lines Links: Twitter: @PrincFilip1 Site: Jan3.com Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E414 · Fri, September 16, 2022
Matt Hill of Start9 rejoins me on the show to chat about the recent show on Bitcoin nodes with K3tan. We chat: What’s the actual risk with Raspberry Pi’s? Where do they hit their bottleneck? What about more performant nodes? What about DIY? EmbassyOS and new EmbassyPro device Should you separate bitcoin and non-bitcoin applications? Links: Twitter: @_MattHill_ Site: Start9.com Prior episode referenced: SLP411 K3tan Why Raspberry Pi Bitcoin Nodes Are Bad Prior episode with Matt: SLP352 Matt Hill – EmbassyOS & Making Self Sovereignty Tech Cheaper Than The Alternatives Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E413 · Thu, September 15, 2022
Jevi of Unchained Capital joins me on the show to talk about the “crypto collapse” earlier this year, and why this is the time to learn about bitcoin self custody. We chat: Coming into the space Fiat and yield chasing mindset Why so many new bitcoin investors are reluctant to self custody Why now is the time Removing single points of failure Unchained’s new Trading Desk product Links: Twitter: @jevidon Site: Unchained.com Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E412 · Mon, September 12, 2022
Alby is an exciting project that allows us to easily interact with lightning on the web. Moritz from the team joins me to talk about: How Alby started Influence from joule Lighting paywall plugin for WordPress Interoperability using lightning Lightning address, LNURL, WebLN Privacy and security Links: Site: GetAlby.com Twitter: @getAlby Telegram group: https://t.me/getAlby Telegram: https://t.me/MoritzKam Alby API blog post: Introducing the Alby Wallet API - a new way to power any app with Bitcoin Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E411 · Fri, September 09, 2022
My longtime friend, K3tan rejoins me on the show to chat about various things but importantly, we chat about why Raspberry Pi Bitcoin Nodes are bad. We chat: Reliability & Performance of Raspberry Pi’s vs other options What you can use instead Cost Bitcoin node packages Electrum server comparison HDD & SSD requirements Separating bitcoin from non-bitcoin apps Self-hosting Links: Twitter: @_k3tan Ministry of Nodes Nodebox guide: Ubuntu Node Box Guide 2022 Edition Ministry of Nodes Consulting Article: My Home Lab Craig Raw’s blog post on electrum server performance Prior episode: SLP315 k3tan – Networking For Bitcoiners Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E410 · Sat, September 03, 2022
Pete Rizzo of Bitcoin Magazine rejoins me to chat about what bitcoin maximalists actually believe. We chat: What maximalists actually believe and do “Crypto minimalism” What to do in cases of technical infeasibility Commitment to slow change and enfranchising users Links: Twitter: @pete_rizzo_ Article: How To Be A Bitcoin Maximalist Site: BitcoinMagazine.com Prior episode: SLP392 Pete Rizzo Is Bitcoin Maximalism Still Needed? Sponsors: Swan Bitcoin Mempool.space Bitbo Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E409 · Tue, August 23, 2022
Steven Lubka, Managing Director of Swan Private joins me on the show to chat: How to think about inflation What scenarios we can get high CPI Whether Bitcoin is still an inflation hedge Orange pilling HNW Macro and Bitcoin cycles Links: Twitter: @DzambhalaHODL Article: Bitcoin and the True Meaning of Inflation Site: SwanPrivate.com Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E408 · Fri, August 19, 2022
Jeff Booth, tech entrepreneur, author and bitcoin advocate rejoins me on the show to chat: His latest article, Finding Signal in a Noisy World Prior biases and his experiences with technology disruption Why Bitcoin adoption will be more bottom up Investing in the space with Ego Death Capital Helping people zoom out and see the bigger picture Links: Twitter: @JeffBooth Article: Finding Signal In A Noisy World Ego Death Capital SLP334 Jeff Booth – Escape The System & 2021 Year In Review SLP285 Jeff Booth Bitcoin vs Fiat “Extend and Pretend” SLP191 Jeff Booth – Bitcoin & Our Deflationary Future Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E407 · Thu, August 18, 2022
Ben Arc, Bitcoin hardware maker and founder of LNbits joins me to chat: Getting into bitcoin hardware hacking and making How the LN Bits project came about The functionality possible with extensions POS Lightning payment splitting boltz.exchange for loop outs Links: Twitter: https://twitter.com/arcbtc LN Bits twitter: https://twitter.com/lnbits Site: https://lnbits.com/ Github: https://github.com/arcbtc LNPoS: https://github.com/arcbtc/LNPoS LNBits Telegram: https://t.co/VoR10wtbKp MakerBits Telegram: https://t.me/makerbits Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E406 · Mon, August 15, 2022
Adi Shankara (founder of Summer of Bitcoin) joins me on the show to chat about: How he got into Bitcoin from a tech background The Bitcoin scene in India How the RBI actually gets Bitcoin (and doesn’t like it) Why Bitcoin Needs Technologists Summer of Bitcoin How the program works How you can support the program Links: Twitter: @adibitcoin Site: Summerofbitcoin.org Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E405 · Fri, August 12, 2022
Paolo Ardoino (CTO of Bitfinex & Tether, CSO Holepunch) joins me on the show to chat about a wide range of topics: Lightning security Lightning adoption Tether reserves - Does Tether Pump Bitcoin? Tether creation/redemption process Tether audits and attestations Stablecoins and centralisation Keet & Holepunch Links: Twitter: @paoloardoino Site: Bitfinex.com Site: Tether.to/en/ Site: Keet .io Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E404 · Wed, August 10, 2022
Gloria Zhao, Bitcoin core contributor and maintainer, rejoins me on the show to chat about what bitcoin core maintainers do. We discuss: What do Bitcoin Core maintainers do? How does Bitcoin Core development work? How much ‘power’ do maintainers have? Mempools - what are they and why do we need them? Interaction with L2 protocols Mempool package relay RBF Links: Twitter: @glozow Package R elay P roposal Site mentioned: Bitcoin Core PR Review Club Github: glozow Brink: @bitcoinbrink Bitcoin Core PR Reviews: @BitcoinCorePRs SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club SLP242 Jonas Schnelli Maintaining Bitcoin Core: Contributions, Consensus, Conflict Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage <a href="https://unchained-capital.com/concierge" rel="noreferrer nofollow noopener"
S1 E403 · Fri, August 05, 2022
Alex B rejoins me on the show to chat about bitcoin security over the longer term and updates on his ETH centralisation thesis. We discuss: Bitcoin’s long term security and blockspace market How miner fees shifted over time in Bitcoin and why Tail emission arguments are dumb Which nodes matter? Lido and ETH centralisation Will efforts to fix it work? Links: Twitter: @ bergealex4 SLP303 Ethereum's Path To Centralisation With Alex B Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E402 · Wed, August 03, 2022
Pierre Rochard rejoins me on the show to talk about Full Reserve, Fractional Reserve, and how Bitcoin obsolete Fractional Reserve Banking: Full vs Fractional Reserve Fiduciary media Is the current system full or fractional reserve? Various historical or current examples from the bitcoin economy How would businesses work under a bitcoin full reserve system Links: Twitter: @BitcoinPierre Related article: In Defense of Bitcoin Full Reserve: Not Anti-credit, but Anti-fiduciary Media Previous Episodes: SLP3 – Bitcoin Investment Theses with Pierre Rochard SLP11 – Bitcoin’s Decentralised Governance, with Pierre Rochard SLP35 Pierre Rochard – Lightning Power Excel Plugin, Lightning Residency SLP147 Pierre Rochard & Saifedean Ammous – Bitcoin as Savings Technology & Number Go Up SLP214 Pierre Rochard & Fabian Jahr – Where Are All The Bitcoins? SLP367 Pierre Rochard – Lightning Network & Kraken Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E293 · Tue, August 02, 2022
Greg Foss, Bond market veteran investor, and bitcoin/macro commentator rejoins me on the show to talk about the situation with global debt, bond markets and why Bitcoin is cheap protection. We chat: US Fed Japanese debt markets The 60:40 stocks and bonds allocation and what changes Sell Bonds, Buy Bitcoin Scenarios for how this plays out Looking Glass Education Links: Twitter: @FossGregfoss Site: Lookingglasseducation.com Prior episode: SLP293 Greg Foss The Debt Problem You Can’t Ignore Sponsors: Swan Bitcoin Mempool.space Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)
S1 E400 · Mon, August 01, 2022
Jonas Nick & Tim Ruffing, bitcoin researchers and contributors at Blockstream rejoin me on the show, this time to chat about half signature aggregation. This is a scaling technique that can help scale Bitcoin and enable more transactions inside a block or help with L2 protocols. We discuss: How this idea came to be What is half aggregation vs ‘full aggregation’? What kind of savings are possible? What are the downsides? How would this work in practice? Is a soft fork required? Next steps for discussion, research, contributors Links: Twitter: @n1ckler Twitter: @real_or_random Blog post: Half-Aggregation of BIP 340 Signatures CISA github: Cross-Input Signature Aggregation (CISA) Half aggregation: Half-Aggregation of BIP 340 signatures Previous Episodes SLP222 Jonas Nick and Tim Ruffing What’s MuSig2? What Does it Mean for Bitcoin Multisig? SLP321 On-chain scaling with Bitcoin Core Developers Pieter Wuille, Andrew Poelstra, Andrew Chow & Murch Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links:
S1 E399 · Thu, July 28, 2022
Christian Keroles (aka CK), GM of Bitcoin Magazine joins me on the show to talk about the problems Europe is facing, and why Bitcoin is good for Europe: The problems Europe is facing Anti bitcoin laws and regulations AMLD5 FATF and Travel Rule MiCA and Proof of Work Why Bitcoin is good for Europe Bitcoin Conference in Amsterdam What Bitcoiners can do about it Links: Twitter: @ck_SNARKs Bitcoin Amsterdam: Bitcoin is making history in Europe - October 12-14,2022 Site: Bitcoinmagazine.com SLP394 Beautyon – Bitcoin is Not Money: EU Attack on Bitcoin SLP3 79 Gigi – Dealing with Linguistic Attacks on Bitcoin SLP318 Ronald Pol – The ineffectiveness of AML Hass McCook Bitcoin Magazine articles mentioned Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E398 · Tue, July 26, 2022
Ansel Lindner, Bitcoin podcaster and writer of BitcoinAndMarkets.com joins me on the show to talk about his framework for assessing: Inflation or Deflation? The money stock Credit cycles over time What bitcoin does for the world Could inflation and fractional reserve happen again on top of bitcoin? Links: Twitter: @AnselLindner Site: B itcoinandmarkets.com Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E397 · Sat, July 23, 2022
Stack Hodler, twitter anon investor joins me to chat: Fiat currencies & #Bitcoin JPY and Japanese bond market Why you shouldn’t #GetOnZero Credit Cycles Mortgage Boycotts BRICS Links: Twitter: @stackhodler Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
Thu, July 21, 2022
Allen Farrington (author and professional investor) joins me on the show to talk about Austrian economics, Capital & DeFi Yield: Austrian economics and Bitcoin Where does the 2% inflation target come from? The world Bitcoin will enable Altcoin DeFi yield: where does it come from? Bitcoin price and market depth Links: Twitter: @allenf32 Bitcoin is Venice book Only The Strong Survive Mentioned Mises.org article: The Origins of the 2 Percent Inflation Target Bob Murphy’s article in response to ‘sticky wages’ criticism: Are "Sticky Wages" a Market Failure? Related episode: SLP311 Bitcoin: Only The Strong Survive – with Big Al Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera <a href="https://plinkhq.com/i/1415720320" rel="noreferrer nofollow noopener
S1 E395 · Mon, July 18, 2022
John Tamny of FreedomWorks and Editor at Real Clear Markets joins me on the show to chat about his alternative take on inflation, fractional reserve banking, as well as why we should be optimistic about things going forward: Defining inflation Debate on Austrian economics & FRB Is monetary stability possible? 2 years of Hysteria Optimism for the future Links: Twitter: @johntamny Site: Freedomworks.org Site: Realclearmarkets.com Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E394 · Wed, July 13, 2022
Beautyon (Akin) rejoins me on the show to talk about the EU attack on Bitcoin and the confusing way people speak/learn about Bitcoin. We chat: Misleading terminology (unhosted wallets) Bitcoin as text & speech, not money The map is not the terrain What bitcoin builders can do What happens to countries who refuse Bitcoin Links: Twitter: @Beautyon_ Bitcoin Mag article: The European Union’s Attack On Bitcoin Is An English And Math Comprehension Problem Site: azte.co Related episode: SLP379 Gigi – Dealing with Linguistic Attacks on Bitcoin Prior episode with Beautyon SLP16 - Keeping Bitcoin Simple, with Beautyon (Akin Fernandez) Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon <a href="https://www.patreon.com/StephanLivera" rel="noreferrer nofollow noopen
S1 E393 · Tue, July 12, 2022
Ben Pile of Climate Resistance joins me to chat about the problem of the Green agenda. We discuss: How this Green movement is funded ESG meeting with reality Are these outcomes intentional? Hypocrisy of green warriors Links: Twitter: @clim8resistance Site: Climate-resistance.org YouTube: Climate Resistance Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E392 · Mon, July 11, 2022
Pete Rizzo, Editor at Bitcoin Magazine and Editor-at-large at Kraken rejoins me on the show to talk about Bitcoin Maximalism. There has been some discussion recently on the role of the ‘toxic’ Maximalists, and Pete has clarified some thinking on this in his recent article and discussion on this topic. We talk: What is Bitcoin Maximalism What do maximalists believe? Social and cultural arguments Technical aspects Is it still needed? Links: Twitter: @pete_rizzo_ Rizzo’s Forbes Article: Bitcoin Maximalism Is Dead, Long Live Bitcoin Maximalism Nic Carter’s article: Setting the record straight Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E391 · Thu, July 07, 2022
Ben Carman (Bitcoin core contributor, working at The Bitcoin Company, co-organizer Austin BitDevs) joins me on the show to talk about the world of Bitcoin Privacy, the implications of surveillance on us all today, some of his ideas on improving Bitcoin Privacy, LN Vortex, P2P and the Austin BitDevs scene. Links: Twitter: @benthecarman LN Vortex: Protocol Documentation Austin BitDevs: Austin Bitcoin Developers The Bitcoin Company Bitcoin Optech #204 Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E390 · Mon, July 04, 2022
Dan McArdle joins me on the show to chat about his experiences as a long time Bitcoiner and ways to think through what’s going on now. We chat: Is the “4 year HODLer” stat dead? Insights from prior cycles and drawdowns FUD cycles Casebitcoin.com and CAGR stats How to think about bear markets Links: Twitter: @robustus Site: casebitcoin.com Inflation thread Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E389 · Fri, July 01, 2022
Daniel Frumkin of Braiins and Jaran Mellerud of Arcane Research join me on the show to talk about the latest in the world of Bitcoin Mining. As the price has fallen recently, we’ve seen some miners come under pressure. We chat: Overview Which public miners are in trouble? Operating cash flows Bitcoin miner treasury management strategy Why we’re likely to see acquisitions Impacts for home and retail miners Were there bull market errors? Future forecasting and conservatism Links: Twitter: @JMellerud Twitter: @dfrumps Arcane Research: Survival of the fittest: Which public bitcoin miners are the best prepared to survive the bear market? Braiins Insights Dashboard: braiins.com Jaran’s analysis thread on public miners: https://twitter.com/JMellerud/status/1541444212444614656 Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E388 · Wed, June 29, 2022
Meron Estefanos, activist and journalist joins me to talk about her story of helping over 20k refugees, helping to stop human traffickers, and how she’s using and teaching Bitcoin these days. We chat: Her story of helping refugees Life for Eritreans Being an activist and radio journalist How she teaches Bitcoin (BlueWallet and Muun) HRF Oslo Freedom Forum Links: Twitter: @meronina Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E387 · Mon, June 27, 2022
Tuur Demeester, long time author/analyst and former fund manager in the Bitcoin space rejoins me to chat about his views on the markets and where Bitcoin is going: Macro views on interest rates Deleveraging moments Trying to make money in Bitcoin terms The Panic of 1907 and “Crypto” Contagion How Bitcoin differs Full Reserve Banking models contrasted with Fractional Reserve Banking Whether this bitcoin bear market will last long Links: Twitter: @TuurDemeester Thread: https://twitter.com/TuurDemeester/status/1538963088501776387 Mises wiki: Panic of 1907 Prior episode: SLP64 Tuur Demeester – What is Bitcoin Worth? A Bitcoin Valuation Framework Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera 1
S1 E386 · Wed, June 22, 2022
Roy Sheinfeld of Breez rejoins me on the show to talk about various topics: How lightning network is growing and maturing Breez Merchant Point of Sale Breez and Greenlight LN Protocol development Asynchronous payments Splicing Links: Twitter: @Breez_tech Site: breez.technology Mentioned: Laolu Summary of Recent LN Meeting SLP378 Christian Decker – Greenlight & ANYPREVOUT Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E385 · Mon, June 20, 2022
Nicolas Burtey of Galoy Money rejoins me on the show to talk about his recent trip to Central African Republic and their new bitcoin legal tender push. We chat: The situation in the country today Hurdles to adoption Internet, Electricity and Smartphone penetration What makes sense for bitcoin adoption in CAR? Comparison with El Salvador’s Bitcoin Law Galoy Money El Salvador hosting central bankers and finance ministers Links: Twitter: @nicolasburtey Site: galoy.io Prior episodes: SLP346 Nicolas Burtey – Synthetic USD & Bitcoin Banking SLP279 Michael Peterson and Nicolas Burtey – Bitcoin Beach: Citadel By The Sea in El Zonte, El Salvador Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E384 · Sat, June 18, 2022
Zerofeerouting, runner of the 3rd most connected Lightning node with an innovative business model joins me on the show to chat about lightning: Starting a routing node The Zero Fee Routing business model Why has nobody else done it yet? Where fees are going on LN and who will pay them Operational aspects of running a big node Lightning protocol improvements LND and CLN Links: Twitter: @zerofeerouting Site: Z erofeerouting.com Episodes mentioned: SLP378 Christian Decker – Greenlight & ANYPREVOUT SLP376 Evan Kaloudis – Zeus: Self Sovereign LN Wallet SLP135 Suheb – Manage Your Lightning Node with RTL Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E383 · Tue, May 24, 2022
Alex Epstein, energy expert and author rejoins me on the show to talk about his newest book coming out, Fossil Future. We chat: Updates to his thinking since the Moral Case for Fossil Fuels in 2014 Problems with our ‘knowledge system’ today Fossil Fuels benefit deniers “Climate Mastery” What the Bitcoin community is getting right and wrong on energy How free market energy advocates should be approaching their discussions Links: Twitter: @AlexEpstein Site: FossilFuture.com Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E382 · Mon, May 23, 2022
Gary Leland, entrepreneur, author & founder of BitBlockBoom rejoins me to talk about orange pilling people, whether they are everyday individuals, or state senators. We chat: Doing a booksprint on ‘Bitcoin and the American Dream’ Orange pilling people by teaching them to DCA Speaking to a state senate to get them to buy Bitcoin What to expect with BitBlockBoom 2022 Links: Twitter: @GaryLeland Book: https://www.amazon.com/Bitcoin-American-Dream-Technology-Transcending/dp/B09P7RL79Z BitBlockBoom: bitblockboom.com (code LIVERA for discount) Previous Episodes: SLP193 Gary Leland – Bitcoin For Boomers Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E381 · Sat, May 21, 2022
John and Gloriana from the “My First Bitcoin” project join me to talk about their journey in running Bitcoin education for Salvadoran high school students. We chat about: How the project got started Phases of the project What the students learn Hurdles for learning Where the project may go in future Links: Site: M i P rimer B itcoin .io Twitter: @MyfirstBitcoin_ Twitter: @jdennehy_writes Twitter: @Glori1995 Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E380 · Thu, May 19, 2022
Jeff Deist President of Mises Institute and I had a chat recently for the Human Action Podcast, and we discuss a few ideas about liberty, political freedom & economic freedom around the world: Exiting Australia Freedom indexes and where they may be falling down Political freedom contrasted with economic freedom Why social issues dominate Links: Jeff’s Twitter: https://twitter.com/jeffdeist Mises Institute: https://mises.org/ Mises Institute Twitter: https://twitter.com/@mises Previous Episodes: SLP45 Jeff Deist, President of the Mises Institute SLP169 Jeff Deist – Bitcoin & Acting Locally Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E379 · Tue, May 17, 2022
Gigi rejoins me on the show to talk about the problems of imprecise language and wording in Bitcoin: ‘Unhosted wallets’ terminology Bitcoin and warfare language Proof of Work and mining Links: Twitter: @dergigi Site: Dergigi.com Previous Episodes: SLP313 Gigi – USD is going down to 1 sat & Bitcoin is Time SLP140 Gigi – Bitcoin’s Gravity and 21 Lessons Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E378 · Sun, May 15, 2022
Christian Decker of Blockstream rejoins me on the show to talk about Greenlight, a node service by Blockstream. We chat about: Who it’s for Running a node online Backups Channel Management CLN v0.11 APO and eltoo Pinning attacks Layered commitments Christian Decker links: Twitter: @snyke ANYPREVOUT: BIP118 github cdecker Previous Episodes: SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP59 Christian Decker – Bitcoin Lightning Channel Factories Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E377 · Wed, May 11, 2022
Jimmy Song (Bitcoin educator, programmer) rejoins me to chat about how Airline Miles are the original altcoins and how there are similarities in the fiat mindsets around chasing miles/points, and altcoins. We discuss: Why the airline industry is the way it is Fiat mindset in miles chasers and DeFi chasers Altcoiners chasing airdrops and yield Secure property rights vs fuzzy property rights CTV Links: Article: Bitcoin Songsheet: Airline Miles Are The Original Altcoins Article: Bitcoin Songsheet: Private Property and Covenants Twitter: @jimmysong Site: ProgrammingBitcoin.com Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
Tue, May 10, 2022
Evan Kaloudis joins me on the show to talk about building Zeus, a self sovereign Lightning Wallet for use with your own lightning node. Evan and I chat about using the LN today, and being a more sovereign lightning user. Building Zeus as a FOSS app Getting support and feature bounties Zeus community Interoperable standards Supporting multiple lightning implementations Privacy on LN - e.g. route blinding Payment reliability Links: Twitter: @evankaloudis Site: Zeusln.app Zeus Twitter: @ZeusLN Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E375 · Mon, May 09, 2022
Laolu Osuntokun (Roasbeef), CTO of Lightning Labs rejoins me on the show to talk about Taro. Taro is a new protocol and proposal by the Lightning Labs team for creation of stablecoins or other assets that can be built into the existing Bitcoin/Lightning network. We chat about how it works and what it could mean for Bitcoin. How Taro works Prior efforts e.g. coloured coins, Counterparty, RGB Benefits of Taro approach What it would look like in practice Lightning Network development generally CTV and ST discussion Links: Twitter: @roasbeef Lightning Labs Taro Blog Post : A New Protocol for Multi-Asset Bitcoin and Lightning Lightning Labs Engineering documentation: Taro is a new Taproot-powered protocol for issuing assets on the bitcoin blockchain . Previous Episode: SLP289 Roasbeef Bitcoin & Lightning For a Billion Users SLP207 Roasbeef – Lightning Labs lnd Goes Wumbo SLP39 Olaoluwa Osuntokun (Roasbeef), CTO of Lightning Labs Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website
S1 E374 · Fri, May 06, 2022
Adam O (DenverBitcoin) of Upstream Data rejoins me on the show to talk about the Bitcoin advocate community’s response to the ESG Mafia. Are there better ways to respond? We chat: ESG statistics and what would be better Bitcoin’s rising energy use and prominence Bitcoin Mining Council Carbon accounting dishonesty Is placating them a good strategy? Links: Twitter: @denverbitcoin Site: UpstreamData .ca Article: DENVER’S DERIVATIVE — HOW TO GAUGE THE PRICE OF A BITCOIN ASIC Recent Bitcoin Mining Council Report referred to in show Previous Episode: SLP299 Adam O – Bitcoin Optionality for Oil & Gas Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E373 · Wed, May 04, 2022
Sam Callahan of Swan Bitcoin rejoins me on the show to talk about another global organisation that has been making all kinds of anti-Bitcoin and anti-freedom statements in its research and proclamations. We chat: Who the IMF are and how they started What they think on Proof of Work “Financial Crime” “Transitioning to a low carbon economy” “Financial stability” Global corruption Links: Twitter: @samcallah Thread: https://twitter.com/samcallah/status/1517170892979142657 Relevant episodes: SLP336 Sam Callahan – The Problem with the BIS SLP318 Ronald Pol – The ineffectiveness of AML Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E372 · Mon, May 02, 2022
Sergej Kotliar CEO of Bitrefill rejoins me on the show to talk about a big new feature coming to Bitrefill, the rebrand, and Bitcoin adoption more broadly. We chat: Culturally what does it take for Bitcoin adoption Inconvenient truths about who uses Bitcoin for payment What wallets people are actually using LN vs on-chain payment BIP21 Payment volume breakdowns Bill Payment in the US Capital Gains Tax laws Convenience of living the Bitcoin life Links: Twitter: @ziggamon Site: Bitrefill Previous episodes: SLP210 Sergej Kotliar How To Watch Bitcoin’s Mempool, Lightning Adoption & Privacy SLP85 Sergej Kotliar – Building Bitcoin’s circular economy SLP54 Justin Camarena of Bitrefill – Bitcoin Lightning & Channel Management Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E371 · Sat, April 30, 2022
Max Keiser, Bitcoiner, financial broadcaster, investor and writer joins me on the show to talk about his adventures in El Salvador and investments in line with the global hyperbitcoinisation thesis. We chat: Living in El Salvador Bitcoin and Lightning infrastructure El Zonte Capital and who’s involved Bitcoin Education Bitcoin Gaming Thoughts on Central African Republic Bitcoin City Links: Twitter: @maxkeiser Twitter: @ElZonteCapital Twitter: @stacyherbert Email: hello@elzontecapital.com Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E370 · Fri, April 29, 2022
Alex Thorn, Head of Firmwide Research at Galaxy Digital (previously Avon Ventures & Fidelity) joins me to talk about how and why Bitcoin Fees are low. After going through eras of higher fees, it might be puzzling as to why they’re low now. We talk: Which factors had the biggest impact SegWit Batching Lightning Network Less OP_Returns Less miner selling What might cause fees to rise in future Links: Twitter: @intangiblecoins Twitter thread: https://twitter.com/intangiblecoins/status/1511340416263766027 Report: Why are Bitcoin Transaction Fees So Low? Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E369 · Wed, April 27, 2022
Daniel Frumkin of Braiins joins me on the show to talk about calculating Bitcoin Mining profitability and a load of topics: Braiins insights dashboard Stratum v2 benefits Profitability calculator Cost to mine calculator CAPEX or OPEX costs for mining? How to think about mining ROI Updates coming Links: Twitter: @dfrumps Site: insights.braiins.com Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E368 · Tue, April 26, 2022
Bitcoin QNA of Bitcoiner.guide joins me on the show to talk about Bitcoin Seeds and a new Seed Tool created with SuperPhatArrow. In this show you’ll learn a little bit about how your bitcoin wallet works in the background: Bitcoin and entropy Seed Words Passphrases Bitcoin wallets and addresses BIP85 BIP47 Stealth Addresses Education for newcoiners in the space Links: Site: https://bitcoiner.guide/seed Twitter: @BitcoinQ_A Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E367 · Thu, April 21, 2022
Pierre Rochard, Bitcoin Lead Strategist at Kraken rejoins me on the show to talk about new lightning network developments and how Lightning network is growing: Experience of setting up LN at Kraken LN for day to day use not being big yet Millions of people plugged into Lightning Will LN node operation only be for pros? Long term fee / security arguments Thoughts on stablecoins vs Bitcoin Links: Twitter: @pierre_rochard Prior episodes: SLP147 Pierre Rochard & Saifedean Ammous – Bitcoin as Savings Technology & Number Go Up SLP35 Pierre Rochard – Lightning Power Excel Plugin, Lightning Residency SLP11 – Bitcoin’s Decentralised Governance, with Pierre Rochard SLP3 – Bitcoin Investment Theses with Pierre Rochard Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E366 · Tue, April 19, 2022
Nate (aka BeefOrBacon1, also working at Voltage) joins me to talk about how to run a Bitcoin Lightning node. We get into all sorts of information while keeping it accessible for people relatively new to running a lightning node. Different lightning user types How to run your lightning node Different types of node: RPi, box, VPS How to manage channels Who to open channels with What tools you can use Should you use swap providers? What kind of fees do you earn? How do you backup your lightning node? Payment reliability Links: Twitter: @beeforbacon1 Voltage: Voltage.cloud Relevant episodes: SLP323 Graham Krizek – Running Hosted Bitcoin & Lightning Nodes at Voltage SLP307 Becoming A Lightning Routing Node Operator with Jestopher and Tony of Amboss SLP361 Rene Pickhardt – Pickhardt Payments & Zero Base Fee for Lightning Network Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @ste
S1 E365 · Fri, April 15, 2022
Anita Posch, bitcoin educator, podcaster and founder of Bitcoin For Fairness joins me on the show to talk about her recent trip to Zimbabwe and Zambia. We chat about: Why she went Crypto Scammers vs Bitcoin Education Bitcoin software and hardware Main hurdles to adoption Government views on Bitcoin p2p Bitcoin Links: @AnitaPosch bffbtc.org Bitcoin for Fairness - Anita Posch (L)earn Bitcoin Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E364 · Sun, April 03, 2022
Max Hillebrand, a bitcoin and privacy educator, also working at ZKSnacks (the company behind Wasabi Wallet) rejoins me to talk about why ZKSnacks is implementing blacklisting, and working with chain surveillance firms. We disagree a lot in this one! But we chat: Wasabi Wallet default coordinator implementing censorship Coinjoin coordinator models comparison The contradiction between being anti surveillance firms and working with them Is there a regulatory capture angle here? Address re use in Wasabi Wallet Wasabi Wallet 2 / wabisabi Links: ZKSnacks Blog Post: zkSNACKs' Blacklisting Update Max Twitter: @HillebrandMax Max Website: Towardsliberty.com Previous episodes: SLP96 Max Hillebrand – Bitcoin Hardware Wallets for Newbies Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E363 · Wed, March 30, 2022
Seth for Privacy joins me to chat about Bitcoin & Fungibility. We chat: Privacy and fungibility Practical real world difficulties of censoring Bitcoin and Monero community differences Technical and social reasons for not having protocol level privacy The hopes for application level privacy with tools like Samourai Wallet & Sparrow Wallet Growing the p2p bitcoin economy Links: Twitter: @sethforprivacy Site: https://sethforprivacy.com/ Pieter Wuille StackExchange answer mentioned: https://bitcoin.stackexchange.com/a/101874 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E362 · Mon, March 28, 2022
John Carvalho, Founder of Synonym joins me to talk about Slashpay and SlashTags, an ambitious attempt to dramatically smooth the process of exchanging bitcoin addresses or lightning invoices. What kind of things does this enable? We discuss: Competing standards in Bitcoin How it would work Updating and revocation of SlashTags What other things are enabled by this public keypair approach Why not use a blockchain Putting tether USD on lightning Synonym Links: Slashpay Twitter thread: https://twitter.com/Synonym_to/status/1498021273255002115 Site: https://synonym.to/ John’s Twitter: https://twitter.com/BitcoinErrorLog John’s Podcast: http://thebiz.pro/ Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E361 · Sat, March 26, 2022
Rene Pickhardt, independent researcher and bitcoin/lightning educator rejoins me to talk about his new approach to massively improving lightning payments reliability, and the various trade offs: What the current approach is What Pickhardt payments are Constraints and trade offs Reliability and privacy trade offs Are there conflicts with other proposals to improve lightning network? Zero Base Fee Rene links: Twitter: @renepickhardt Rene’s Patreon: Rene Pickhardt - Patreon.com Support Rene here: https://donate.ln.rene-pickhardt.de/ Researchers website: https://ln.rene-pickhardt.de/ Prior episode: SLP37 Rene Pickhardt - Bitcoin Lightning Education & Lightning Summit Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E360 · Thu, March 24, 2022
Giacomo rejoins me on the show to talk about the need for Bitcoin to be both Hard Money and Dark Money. In this show we talk about: What Dark Money means Why “Just use Monero” is not a satisfactory answer Use of atomic swap services or other Can compliance bros kill Bitcoin? Global KYC capture risk - would it create a minority chain soft fork? Why NgU is still important Links: Twitter: @giacomozucco Bitcoin Culture Talk @ Unconfiscatable 2022: Unconfiscatable 2022 - Giacomozucco.com Lightning talk: Lightning Privacy - Lightning Hack Day, Istanbul 2022 - Giacomozucco.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E359 · Wed, March 23, 2022
Have you wondered about the progress of Bitcoin in Africa? Abubakar Nur Khalil, Bitcoin Core contributor, on the board of BTrust and also of Recursive Capital joins me on the show to talk about: Bitcoin core contribution and developer training/mentor process Qala Bitcoin in Africa & education B Trust Recursive Capital and investing in African Bitcoin companies Links: Abubakar’s Twitter: @ihate1999 B Trust: @btrustteam Recursive Capital: @RcrsvCapital Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E358 · Tue, March 22, 2022
Lili joins me to talk about her journey of learning about Bitcoin and using it privately. We chat about: Trade offs of KYC vs Non-KYC coins How to acquire non KYC coins Staying private through the lifecycle of using Bitcoin Bitcoin for donations Canadian Trucker Bitcoin Wasabi and ZkSnacks debacle thoughts Links: Twitter: @Marketsbylili Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E357 · Mon, March 21, 2022
Lawrence Lepard (Investment Manager, Austrian Economist) of Equity Management Associates joins me on the show to chat about living through the burning house of fiat money. We chat: What’s changing in the world today and why so many took it for granted The insecurity around property rights Holding paper assets vs physical assets Change in monetary order Economic ignorance in the world today Links: Twitter: @LawrenceLepard Site: Ema2.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E356 · Sat, March 19, 2022
Darin Feinstein, Founder of Core Scientific (Bitcoin Mining) joins me on the show to talk about Bitcoin as an upgrade on some very old accounting technology and what it could mean for our future. We get into: Learning about Bitcoin Bitcoin mining narratives - FUD and facts Bitcoin’s importance for liberty Challenges to Bitcoin fungibility Bitcoin for human rights EU Proof of Work ban? The path forward Links: Twitter: @DarinFeinstein Site: CoreScientific.com Twitter: @Core_Scientific Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E355 · Wed, March 16, 2022
Julie Landrum of OpenNode joins me to talk about what they’re building to help people onboard to Bitcoin & the lightning network as a payment standard. OpenNode first got its name as a merchant payment processor but we chat about how the company has grown and evolved over the years. We chat: Bitcoin infrastructure services for merchants, bitcoin companies Dealing with the cyclical nature of Bitcoin Spend, HODL, earn? Chargeback risk Dealing with regulatory requirements El Salvador adoption International adoption Links: Twitter: @OpenNode Twitter: @juliecity Site: OpenNode.com Previous episode: SLP50 Rui Gomes & João Almeida of OpenNode – Helping merchants take Bitcoin Lightning Payments Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E355 · Sun, March 13, 2022
Josef Tetek of Trezor (and contributor at Bitcoin Magazine) joins me on the show to talk about: The liberty movement in Europe The connection between Austrian economics and bitcoin Fractional and full reserve visions of bitcoin’s future Why HODLing is rational Nakamoto-Gresham’s law and how most get Gresham’s law wrong Links: Twitter: @SatsJoseph Article: What is Nakamoto-Gresham’s Law and How does it pertain to Bitcoin? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E353 · Tue, March 08, 2022
John Cantrell of L2 Technology and Spiral BTC grantee rejoins me on the show to talk about his latest work in making Bitcoin and the lightning network more accessible for the many. Sensei can be thought of as an LND or c-lightning but for LDK. We chat: John’s journey since cracking Alistair Milne’s 12 word seed How sensei works Trade offs How the child node concept works What does it look like if 7.7B+ people onboarded to the lightning network? Links: LN Thread Twitter: @JohnCantrell97 Site: Sens e i Prior episode: SLP187 John Cantrell - Bruteforcing Bitcoin Seeds Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E352 · Fri, February 25, 2022
Matt Hill of Start9 Labs rejoins me on the show to talk about where the world is at, and a surprising argument that might actually be true. Sovereign Tech may be adopted, not merely because of privacy, but because of being lower cost. We chat: Canada Truckers and the broader fight for freedom Is it a question of tools or winning hearts and minds? What’s new and coming in EmbassyOS v0.3.0? Why cost will be the driver Making it easy to use and saying goodbye to command line Community driven growth Bitcoin and other Links: Start9.com @_MattHill_ @start9labs Previous episode: SLP225 Embassy: Sovereign Personal Computing, Privacy, Bitcoin & Lightning with Matt Hill & Aiden McClelland Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E351 · Mon, February 21, 2022
Jeff Vandrew of Unchained Capital joins me on the show to share his thoughts on Bitcoin for the very long term. Where is it going, and how should you think about using the retirement system to potentially stack more sats? We chat: Where is Bitcoin going over the long term? What happens if more states make Bitcoin legal tender? How big is the market for retirement savings What about just stacking sats outside retirement accounts? Roth vs Traditional IRAs McNulty case and whether it stops self custody Future trends with retirement savings Links: Jeff Vandrew Twitter Unchained McNulty Webinar Unchained Site Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast
S1 E350 · Fri, February 18, 2022
Benny Peiser of Net Zero Watch joins me on the show to talk about ‘net zero’ and the inaccuracy in the presentation of arguments on renewables. We discuss: What is ‘net zero’ Accurate treatment of costs and benefits How much of it is regulation or market choice ESG box ticking The impact on everyday people ‘Greenwashing’ by some countries Why it will crash Links: Twitter: @netzerowatch Site: netzerowatch.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E349 · Mon, February 14, 2022
Chris Stewart Founder and CEO of Suredbits joins me on the show to talk about the latest with Bitcoin DLCs. You might have heard my earlier show with Nadav Kohen but in this one we chat: ‘Maximalism’ and tech ‘Policing activity’ Block space market over time Where DLCs are at today Lightning DLCs vs on-chain DLCs Doing stablechannels Practical and commercial applications Umbrel app Links: Twitter: @ Chris_Stewart_5 Site: suredbits.com Suredbits Stablechannel blog post Suredbits oracle explorer Nadav Kohen episode: SLP219 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E348 · Fri, February 11, 2022
Nick Hansen, CEO and Founder of Luxor Technology joins me to talk about the bitcoin mining scene, the narrative around bitcoin mining energy use and Proof of Work, Demand Response, ‘ESG’, China ban, Intel coming into the mining game, and hash rate derivatives. Links: Twitter: @hash_bender Site: luxor.tech Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E347 · Mon, February 07, 2022
Kyle Murphy of Pleb Lab and Austin Bitcoin Club joins me on the show to talk about the Austin Bitcoin scene and his role in growing it. We also get into what Pleb Lab is and the bitcoin entrepreneurship in Austin, Texas. This is a great show to get a sense of the community in Austin as well as thoughts on how Bitcoin’s ecosystem grows. Links: Twitter: @The_bitcoin_bum Site: PlebLab.com Site: Austin Bitcoin Club Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E346 · Fri, February 04, 2022
Nicolas Burtey of Galoy Money rejoins me on the show for a fascinating discussion about doing synthetic USD as a building block to bringing it to the Bitcoin Beach wallet. We talk about: The latest with Galoy Bitcoin Banking 4 ways of doing synthetic USD value Why is it necessary? How to fund it? Risks Links: Twitter: @NicolasBurtey Twitter: GaloyMoney Site: Galoy.io Github: GitHub - GaloyMoney/galoy: bitcoin banking infrastructure Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E345 · Wed, February 02, 2022
Danny Brewster, Founder & CEO of FastBitcoins joins me on the show to chat: Dealing with regulation as a bitcoin business Products and services for bitcoiners Expanding into new markets around the world Challenges and rewards of being bitcoin only Bitcoin builders and why we need them Links: Twitter: @BTCDanny Site: FastBitcoins.com FastBitcoins Twitter: @FastBitcoins Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E344 · Sun, January 30, 2022
NVK, co founder and CEO of CoinKite rejoins me on the show to talk about the latest and exciting developments in the world of Bitcoin hardware security. CoinKite are pushing forward with NFC as a way of making hardware wallet UX easy but also keeping the hardware accessible from a cost point of view We chat: What’s changing with Coldcard Mk4 Memory, SE, processor NFC for bitcoin transactions Tapsigner Satscard Business models for open source Low cost devices Operating without laptops or PCs Links: Twitter: @nvk TapSigner.com Coldcard Mk4 GETSATSCARD.com Prior episodes: SLP290 NVK Bitcoin Security & Backups Primer Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E343 · Wed, January 26, 2022
R0ckstar dev & Pavlenex of BTCPay Server and other projects (Strike, Bitcoin Smiles, Bitcoin Design) rejoin me on the show to talk about Bitcoin, Open Source community ethos, and how it can lead to career opportunities. We chat: BTCPay 4 years on Open Source for hiring Bitcoinerjobs.com How open source projects mature How to grow the project How to move on from a project R0ckstar’s big announcement What’s coming with BTCPay Server Links: Twitter: @r0ckstardev Twitter: @pavlenex BTCPay Server Bitcoin Smiles Bitcoin Design Strike Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E342 · Mon, January 24, 2022
Heavily Armed Clown (aka HAC) joins me on the show to talk about this idea of #GetOnZero. We chat: The case for #GetOnZeroFiat Issues with it Dealing with CGT Mindset shifts Emergency fund Inflation rates What scenarios you still need to hold fiat Links: Twitter: @heavilyarmedc Site: Bitcoinechochamber.com Site: WTFHappenedIn1971.com Stephan’s article discussed: Is It Time For Bitcoiners To Get On "Zero Fiat"? Not Yet. Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E341 · Sat, January 22, 2022
Zelko and Din join me to talk about updates with the Ronin Dojo project for Samourai Wallet users. We chat: Where the project started FOSS project ethos Thoughts on VC funding Privacy wallets Bitcoin node project evolution FOSS business & project Tanto Hardware Supporting Specter and Sparrow Links: Twitter: @RoninDojoNode Site: RoninDojo Din: @Din_J76 Zelko: @BTCxZelko Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E340 · Thu, January 20, 2022
Peter Young of the Free Private City Foundation joins me on the show to talk about some of his experiences on the ground and some updates with Free Private Cities. We chat: El Salvador on the ground Bitcoin and Lightning in the real world What it really costs to do merchant processing Free Private Cities Honduras ZEDEs Liberty In Our Lifetime Links: Twitter: @petermiyoung Site: Free Private Cities Foundation Conference: Liberty In Our Lifetime Conference Relevant episodes: SLP161 Titus Gebel - Bitcoin Citadels As Free Private Cities SLP305 El Salvador Bitcoin Law On The Ground With Aaron Van Wirdum SLP283 Alex Gladstein Bitcoin: Who's For Freedom, And Who's Not? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E339 · Mon, January 17, 2022
Jeremy Rubin, bitcoin core contributor joins me on the show to talk about Check Template Verify (CTV) - his soft fork proposal to bring new functionality to Bitcoin. We discuss: How the idea started High level goals with Bitcoin How CTV might bring new functionality Congestion control use case Vaults and protecting coins Contrasting CTV with APO ANYPREVOUT Commercial use of CTV Links: BIP: CHECK TEMPLATE VERIFY Site: utxos.org Twitter: @JeremyRubin Advent Calendar blog series: Rubin's 2021 Bitcoin Advent Calendar Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
Thu, January 13, 2022
Mauricio Di Bartolomeo, Co Founder and CSO of Ledn joins me on the show to talk: Why use bitcoin backed loans? Fiat loan rates vs bitcoin loan rates Opportunities and risks New products and structures for home loans Dealing with margin calls and liquidation Stablecoins: are they essential? Where is the market going on this? Links: Twitter: @cryptonomista Site: Ledn.io Other episodes: SLP236 Nic Carter Stablecoins: Bullish Or Bearish For Bitcoin? SLP291 Caitlin Long – Stablecoins, Bitcoin, & The Fed Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E337 · Tue, January 11, 2022
Salvatore Ingala of Ledger joins me to talk about a big revamp of the Ledger Bitcoin app which brings support for a whole host of new features. We chat about: How the app shifted from v1 to v2 PSBT Taproot support Descriptors Merkle Trees Improved multi-signature and scripting support Links: Twitter: @salvatoshi Blog post: Bitcoin 2.0.0 App For Ledger Other relevant episodes: SLP99 Andrew Chow - Hardware Wallets and Bitcoin Core with HWI and PSBT SLP292 Andrew Chow Output Script Descriptors For Bitcoin SLP97 Michael Flaxman - Every Bitcoin Hardware Wallet Sucks SLP215 Michael Flaxman - 10x Your Bitcoin Security with Multisig SLP222 Jonas Nick and Tim Ruffing - What's MuSig2? What Does It Mean For Bitcoin MultiSig? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E336 · Fri, January 07, 2022
Sam Callahan of Swan Bitcoin joins me on the show to talk about the Bank of International Settlements (BIS). We chat about: Formation, and shady history Why it’s not accountable Their plans for social control CBDCs Loss of privacy War on Cash What can be done? Links: Twitter: @samcallah Thread: https://twitter.com/samcallah/status/1473815145545551873 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E335 · Tue, January 04, 2022
Now there’s been some discussion about the impact of Venture Capitalists on the world of Bitcoin and ‘Crypto’. Don Stuart, startup investor & organizer of Kansas City Bitcoin meetup, joins me on the show to chat: What Venture Capital is Venture Capital model Vesting and incentives for VCs How they make money Bitcoin vs ‘Crypto’ VC Size of rounds raised Are Bitcoiners anti VC? In what cases does VC not make sense? Don links: Twitter: @kc_hodl Article: Venture Capital And Its Relationship With Bitcoin Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E334 · Sat, December 25, 2021
Jeff Booth, author, entrepreneur and speaker joins me to chat about the year 2021 in review for Bitcoiners. Some themes we discuss: Where the narrative is going with Bitcoin Fiat denomination vs Bitcoin denomination How politicians and regulators are seeing it Community building Bitcoin wallets and services Bitcoin tech Dealing with fear Links: Twitter: @JeffBooth Site: The Price of Tomorrow - And the Era of Abundance Prior episodes: SLP191 Jeff Booth - Bitcoin & Our Deflationary Future SLP285 Jeff Booth Bitcoin vs Fiat "Extend and Pretend" Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E333 · Wed, December 22, 2021
Cory Klippsten of Swan Bitcoin rejoins me on the show to talk about a range of things: “Crypto” advocacy as compared to Bitcoin advocacy Being an investor in the space & Bitcoiner Ventures Turkey inflation Avoiding trading Bitcoiner Jobs Swan Gifts Links: Twitter: @coryklippsten The Daily Bitcoiner: cory.substack.com Bitcoiner Jobs: bitcoinerjobs.co Bitcoiner Ventures: bitcoinerventures.com Article: The World Bitcoin Will Build Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E332 · Mon, December 20, 2021
Vijay Boyapati, author and regular guest rejoins me on the show to chat about his recent book launch as well as a few ideas that specifically came from the book. We also chat about some of his more ‘bearish’ ideas on Bitcoin and that Bitcoin is not inevitable. Credentialism and fiat The book and response Stages of money Custodial risk Rehypothecation Concerted state attack on Bitcoin Bitcoin is not inevitable Links: Twitter: @real_vijay The Bullish Case for Bitcoin Book Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E331 · Thu, December 16, 2021
Chaumian e-cash is a predecessor idea to Bitcoin. Listen in to Stephan and Eric Sirion (elsirion) discuss the idea of federated mints and this particular idea of MiniMint. Eric’s research is being sponsored by Blockstream. This idea may offer even more privacy and scalability for Bitcoin users, but with some custodial and trust trade offs. How it works Custodial trade offs and who should use it How lightning works Deposits, withdrawals and internal transfers Community custody Links: Twitter: @EricSirion Telegram: FediMint Telegram Chat Group Site: FediMint Github: https://github.com/fedimint/minimint Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E330 · Wed, December 15, 2021
What’s really going on with all the Hysteria? Is it a cabal or some confluence of interests? Laserhodl joins me to talk about what’s going on, and how to opt out. The Great Reset CBDCs / control coins Social credit systems Freedom tech Opting out of the commie tech stack #GetOnZero - and my slight disagreement Links: Twitter: @laserhodl Relevant episodes: SLP265 Diverter – Becoming Uncle Jim: Being Digital Sherpa for Family & Friends SLP315 k3tan – Networking For Bitcoiners Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E329 · Mon, December 13, 2021
Samson Mow CSO of Blockstream rejoins me on the show to breakdown Bitcoin Bonds. We chat: Structure of Bitcoin bonds Why not HODL bitcoin? Who is the target market for these? Operationally how it would work Liquid AMP Benefits, opportunities and risks Reaction by bitcoiners to the announcement What Bitcoin City could become Links: Twitter: @Excellion Site: Blockstream.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E328 · Thu, December 09, 2021
CoinsureNZ rejoins me on the show to chat about the new rising trend of Bitcoin Nomads. We talk about the benefits of this approach in achieving more sovereignty for yourself, whether that is financial or in your ability to carry on living life in the age of Hysteria. We discuss: Benefits and why do it? How to get started Resources you need Is it only for single people? Getting set up in a new location Where to go Downsides and costs of this lifestyle Links: Twitter: @coinsureNZ Site: Canitravel.net Site: https://www.expatistan.com/cost-of-living Site: Nomadlist.com Site: Numbeo.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E327 · Mon, December 06, 2021
Mike Germano of Bitcoin Magazine (and previously of Vice) joins me to talk about his latest efforts with Bitcoin Magazine Print edition and to share his thoughts on media in today’s age. We chat: Why do a print magazine now Is Bitcoin media overly US biased? Why Fiat Media is getting Bitcoin wrong Technical precision and accuracy in stories Links: Twitter: @mikegermano Site: BitcoinMagazine.com Other episodes: SLP305 El Salvador Bitcoin Law on the Ground With Aaron Van Wirdum SLP256 David Bailey Bitcoin 2021 and Bull Markets SLP61 David Bailey - Refocusing on Bitcoin Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E326 · Thu, December 02, 2021
Dylan Leclair of Bitcoin Magazine and UTXO Management joins me to talk about the fiat debt system, as well as why and how some people use the system against itself. We get into: The current situation on the fiat standard Why consider using debt to stack Bitcoin The advantages of using this approach Costs and risks Avoiding Liquidation Bitcoin mining using fiat loans Trends and where this is all going Links : Twitter: @DylanLeClair_ The Deep Dive: The Deep Dive by Bitcoin Magazine Bitcoin Magazine: Bitcoin Magazine UTXO Management: UTXO Management Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E325 · Mon, November 29, 2021
Plan B (pseudonymous quant) rejoins me on the show to talk about how the S2F model is going and whether it will be a problem if Bitcoin does not hit $100k by the end of 2021. In this conversation we get into: Spelling out the different types of models PlanB uses and talks about Failure conditions for the model The Floor model Are we going to supercycle? When does the S2F model fully break down? Links: Twitter: @100trillionUSD Site: PlanBTC.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E324 · Fri, November 26, 2021
This is a Tabconf 2021 panel discussion that I moderated with well known Lightning contributors and builders. Some of the topics we got into: Building out infrastructure General thoughts about scaling off chain Lightning dual funded or v2 channels Stress testing the network Lightning routing as professional specialisation Lightning ‘growing up’ and maturing Links: Matt Corallo TheBlueMatt Lisa Neigut (niftynei) Alex Bosworth Graham Krizek Tabconf.com Prior episodes: SLP257 Matt Corallo - Bitcoin Soft Fork Activation, Taproot, And Playing Chicken SLP119 Alex Bosworth - Submarine Swaps, Lightning Loop, Hyperloop SLP168 Lisa Neigut - Lightning Network Channel Accounting And Dual Funded Channels SLP323 Graham Krizek - Running Hosted Bitcoin & Lightning Nodes at Voltage SLP321 On-Chain Scaling With Bitcoin Core Developers Pieter Wuille, Andrew Polestra, Andrew Chow & Murch Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E323 · Thu, November 25, 2021
Graham Krizek is Founder and CEO of Voltage, a Bitcoin and Lightning node company. If you’re interested in why you would have someone else host your node, check out this episode where we talk: Getting into Lightning Using a cloud node Setting up as a merchant with BTCPay Easy deployment Cost of running Flow and sidecar channels Getting inbound liquidity Links: Site: https://voltage.cloud/ Twitter: @gkrizek Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E322 · Thu, November 18, 2021
Steve Nelkovski (CEO) and Patrick (Chief Bitcoin Officer) of Perth Heat, join me to talk about being the first sports team to go on a full Bitcoin standard. That includes players, staff, merchandise, tickets, sponsorship, and holding Bitcoin on the balance sheet. We chat: The journey of going on a bitcoin standard Having a Chief Bitcoin Officer Handling payment The benefits of being on a Bitcoin standard How it will change sport Links: Site: perthheat.com.au Twitter: @PerthHeat Twitter: @stevennelkovski Bitcoin Mag Article: Australian Baseball Club First To Operate On A Bitcoin Standard Integrates Lightning - Bitcoin Magazine Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E321 · Mon, November 15, 2021
This is a Tabconf 2021 panel discussion that I moderated with some of the top research and development minds in Bitcoin today. Pieter Wuille is at Chaincode Labs, Andrew Poelstra is Director of Research at Blockstream, Murch is at Chaincode Labs, and Andrew Chow is working at Blockstream on Bitcoin Core. In this panel we spoke about: Main constraints of on chain scaling Assumevalid and assumeutxo Taproot and MuSig2 Transaction space saving Cross input signatures What it would look like in practice Links: TabConf site: tabconf.com Pieter Wuille: @pwuille Andrew Poelstra: Andrew Poelstra | LinkedIn Murch: @murchandamus Andrew Chow: @achow101 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E320 · Thu, November 11, 2021
Nicholas Gregory of CommerceBlock (creator of Mercury Wallet) joins me to talk about statechains and the recent launch of Mercury Wallet. We talk about statechains, what they mean for bitcoin scaling and/or privacy, as well as practical implications of using Mercury Wallet. We chat: Statechains Scaling Privacy implications Tor use Trust implications with statechain operators Mercury Wallet Fees Infrastructure Statechain Torch Links : Site: MercuryWallet.com Linked In: Nicholas Gregory Twitter: @gregory_nico Article: Mercury CoinSwaps Article: New Mercury Milestone Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E319 · Sat, November 06, 2021
What can be done to improve Lightning network privacy? T-bast (Bastien Teinturier) of ACINQ joins me to talk about this. There are both on chain privacy and off chain privacy implications of Bitcoin and the lightning network and we get into a range of discussion on: On chain privacy Taproot and MuSig2 Off chain privacy Route blinding Payment decorrelation Trampoline routing ACINQ Phoenix Links: Twitter: @realtbast Site: acinq.co Other relevant episodes: SLP142 Pierre-Marie Padiou - Acinq & Phoenix Wallet: Easiest Non-custodial Lightning Wallet Yet? SLP298 Rusty Russell - Lightning Offers / Bolt12: The Next Big Thing In Lightning SLP276 Anthony Ronning - Bitcoin Lightning Privacy: FUD And Facts Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E318 · Mon, November 01, 2021
Dr Ronald Pol, former lawyer and researcher joins me to talk about how and why AML laws are ineffective and simply cost taxpayers, customers an incredible amount. We chat: The environment of AML laws FATF and how they create these laws Breathtaking costs Effectiveness around 0.1% KYC benefits some criminals Links: EffectiveAML.org Twitter: @ronaldpol LinkedIn: https://www.linkedin.com/in/ronpol/ Research paper: Anti-money laundering: The world’s least effective policy experiment Other relevant episodes: SLP165 Rafael Yakobi - Should Coinjoin Users Be Flagged? Is Privacy Illegal? SLP239 Jake Chervinsky - Pushing Back On Fincen Non-Custodial Bitcoin Regulation SLP196 Is Bitcoin Being Captured (Odell, Gladstein, Yakobi) Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E317 · Sat, October 30, 2021
Tomer Strolight, author in the Bitcoin space joins me to talk about his writing and why Bitcoin is so different to what you’ve seen before. This episode is specially created for beginners and people trying to learn more about Bitcoin. We chat: How physics protects your Bitcoin Bitcoin is more than just money Why is Bitcoin so complicated? Bitcoin and stopping theft Tomer links: Free Book: Why Bitcoin Twitter: @TomerStrolight Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E316 · Wed, October 27, 2021
Long time bitcoiner Vake, and CEO of Students for Liberty Wolf von Laer join me on the show to talk about liberty, and why libertarians should focus on Bitcoin as their top priority: Connections between bitcoin and liberty Why some libertarians haven’t focused on Bitcoin What they could be doing Why libertarians should prioritise the Bitcoin strategy for liberty above others Guest links: Vake: @vakeraj Wolf von Laer: @wolfvonlaer Students For Liberty: Studentsforliberty.org Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E315 · Tue, October 26, 2021
Have you been wanting to learn more about networking in how it relates to running your node? k3tan, my long-time friend and co-founder of Ministry of Nodes joins me to discuss: Basic tips on networking and IP Securing your home network with practical tips Using your bitcoin node and wallet Tor and VPN Home box nodes vs VPS What kind of equipment you should use to run your bitcoin node - Raspis vs desktop PC Links: Twitter: @_k3tan Site: ministryofnodes.com.au Guide: Ubuntu Node Box Guide Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E314 · Sat, October 23, 2021
Dustin Trammell, information security professional and early Bitcoin user joins me on the show to talk: Being early in Bitcoin and the culture in those days Talking with Satoshi Early stories The hopes for a sound money future Investing in Bitcoin companies Bitcoin’s multiple layers Dustin Links: Twitter: https://twitter.com/druidian/status/1447866520093315072 Blog post: https://blog.dustintrammell.com/i-am-not-satoshi/ Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E313 · Mon, October 18, 2021
Gigi, author, developer and speaker in the Bitcoin space joins me to talk about why Bitcoin is Time, and why the USD is going down to 1 sat. We chat: The pieces that had to be pulled together for Bitcoin to work Tokens are timeless, ledgers are not Why USD is going to 1 sat UX and how it will be solved over time Operating in the bitcoin space as a nym Gigi links: Bitcoin is Time: https://dergigi.com/2021/01/14/bitcoin-is-time/ On Bitcoin’s UX: https://www.swanbitcoin.com/on-bitcoins-ux/ Twitter: @dergigi Prior episode: SLP140 Gigi - Bitcoin's Gravity And 21 Lessons Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E312 · Tue, October 12, 2021
Mark Moss, entrepreneur, investor, and host of The Mark Moss show on YouTube and iHeartRadio joins me on the show to talk about the recent energy crisis. We talk about what’s causing it, and the cycles impacting our world today. We also talk about dealing with it and responding to it. Mark Moss links: Twitter: @1MarkMoss YouTube: The Mark Moss Show - Youtube Event: Market Disruptors Live Miami Nov 12-14 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E311 · Fri, October 08, 2021
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’ Links: Twitter: @Big_Al256 Twitter: @allenf32 Paper: Only The Strong Survive Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E310 · Wed, October 06, 2021
Charles Guillemet, CTO of Ledger rejoins me on the show to talk about the risks present with Bitcoin software wallets. Don’t miss this episode for security discussion on why you shouldn't be keeping large amounts of bitcoin on software wallets and why hardware is becoming more and more necessary to protect bitcoin from theft. We chat: Exploits using Pegasus Key aspects of Bitcoin security Extracting secrets using malware from desktop wallets and phone wallets Desktops, phones, hardware security What to do instead Links: Article: On the security model of software wallets - Ledger.com Twitter: @P3b7_ Site: Ledger.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E309 · Mon, October 04, 2021
Craig Raw, founder of Sparrow Wallet rejoins me on the show to talk about the latest: easy coinjoin for the desktop is now here with whirlpool being integrated into Sparrow Wallet. Sparrow Wallet might well make coinjoin much more accessible to users interested in bitcoin privacy. Craig and I chat: Latest updates How Whirlpool in Sparrow works STONEWALL privacy preserving spends in Sparrow Implications of having multiple whirlpool clients Electrum server back ends for Sparrow Wallet business models Links: Twitter: @craigraw Twitter: @SparrowWallet Site: Sparrow Bittcoin Wallet - SparrowWallet.com Article: Mixing with Whirlpool Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E308 · Fri, October 01, 2021
Philip Glazman of River, a bitcoin only exchange in the US joins me on the show to talk about the process of using lightning as an exchange. We talk about: Experiences with lightning over the years User profiles and how customers use lightning with River Customer education Swap services Lightning and Liquid comparison Technical overview Links: Twitter: @philipglazman Article: Scaling Lightning Network at River - River.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E307 · Tue, September 28, 2021
Jestopher and Tony of the Amboss website and project join me on the show to talk about the journey of becoming a lightning routing node operator, tips and resources. We chat: Routing on lightning Selecting channel partners Channel management Tooling available to help routing nodes Calculating fees and rebalancing LN communities growing Links: Jestopher: @Jestopher_BTC Tony: @tonyioi Site: Amboss Space - Lightning Network Explorer Other resources: What Makes a Good Routing Node Four Tips For Running A Profitable Lightning Network Node Lightning Liquidity Management Guide Prior episodes: SLP135 Suheb – Manage Your Lightning Node with RTL SLP119 Alex Bosworth – Submarine Swaps, Lightning Loop, Hyperloop SLP54 Justin Camerana Of Bitrefill - Bitcoin Lightning & Channel Management Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E306 · Fri, September 24, 2021
Guy Swann of the Bitcoin Audible podcast joins me for a special show for Bitcoin and Crypto beginners. We talk about why Bitcoin is unique and why you should avoid shitcoin gambling. We discuss: Common questions for people new to ‘crypto’ “Won’t Shitcoins pump harder than Bitcoin?” Comparison of Bitcoin and shitcoins The problem with utility tokens Shitcoins are LARPing decentralisation Shitcoin waterfall “Doesn’t Bitcoin waste energy?” Links: Twitter: @TheGuySwann BitcoinAudible.com “The Yield From Money Held” on Bitcoin Audible Don’t Play Shitcoin Gambling Games (by SL) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E305 · Mon, September 20, 2021
El Salvador’s Bitcoin Law went live on 7th September, what was it really like? What did the protesters have to say about it? Aaron van Wirdum, Bitcoin Journalist at Bitcoin Magazine joins me to give us an ‘on the ground’ take on things. We chat: Protesters and are they really protesting about Bitcoin or Bukele? Chivo Wallet - teething issues The truth about bitcoin remittances Positives on the experience so far Bitcoin Meetup Bitcoin Core v22 Bitcoin 2022 Links: Twitter: @AaronvanW Aaron’s McDonald’s Bitcoin tweet Bitcoin Core article: Bitcoin Core 22.0 Released: What's New Alex Gladstein’s El Salvador article: The Village And The Strongman: The Unlikely Story Of Bitcoin And El Salvador Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E304 · Tue, September 14, 2021
Knut Svanholm, Bitcoin writer joins me on the show to chat about why you are not prepared for hyperbitcoinisation, and various concepts such as adoption, what it might look like, and the infinity meme. Is the infinity meme wrong? I believe it is, but listen in to Knut and I discussing it! Links: Twitter: @knutsvanholm Article: You Are Not Prepared - Citadel 21 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E303 · Tue, August 31, 2021
Alex B joins me on the show to talk about why Ethereum is predictably on a path to centralisation. How does Bitcoin contrast in terms of decentralisation and long term possibilities? We chat: MEV Can MEV be stopped? MEV and staking derivatives interaction Ethereum as the Myspace Ethereum cannot be ultra sound money Problems with utility tokens Alex links: Twitter: @bergealex4 Twitter Thread: Holy **** is Ethereum broken. Sponsor links: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA)
S1 E302 · Mon, August 23, 2021
SeedSigner, pseudonymous creator of the SeedSigner project joins me to talk about his work creating a low cost, accessible, DIY style hardware device that can be part of your multi sig quorum with wallets/coordinators like Specter Desktop, Sparrow Wallet, Blue Wallet. This product was actually inspired by an earlier episode with Michael Flaxman. We chat: Inspiration for the project Low cost Accessibility Technical skill required QR codes Support Being a project vs product Links: github.com/SeedSigner/seedsigner Twitter: @SeedSigner Seedsigner.com Relevant episodes: SLP215 10X Your Bitcoin Security with Multisig SLP231 Specter DIY - Build Your Own Hardware Wallet Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E301 · Wed, August 18, 2021
How should Bitcoin mining be structured? Pavel Moravec of SlushPool (Braiins) and Ryan Ellis of Laurentia Pool join me to chat. We discuss: Why pools exist How to structure mining pools Trade offs around decentralisation of pools Coinbase payouts vs other ways Lightning payouts Scalability for mining pools Stratum v2 Links: Pavel Moravec: @mor_pav Braiins Twitter: @braiins_systems Braiins site: Braiins.com | Bitcoin Mining Company Laurentia Pool Twitter: @laurentiapool Site: LaurentiaPool.org Laurentia pool post: Laurentia Pool: Pooled “Decentralization” Braiins twitter thread on decentralisation: https://twitter.com/braiins_systems/status/1423291322128011264 Sponsors: Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: N otes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E300 · Fri, August 13, 2021
Adam Back, CEO of Blockstream, cryptographer and privacy advocate, inventor of Hashcash and cited in the Bitcoin whitepaper rejoins me on the show. We chat: Regulatory environment for Bitcoin vs building ‘Crypto wars’ in the 90s Proof of Work Bitcoin privacy Confidential Transactions in Liquid and for Bitcoin Trade offs involved Blockstream satellite base station Bitcoin development Previous episode: SLP 42 Adam Back, CEO Of Blockstream - Blockstream Satellite, Tim May, Bitcoin Privacy Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E299 · Thu, August 12, 2021
Adam O of Upstream Data joins me to talk about the massive opportunity for energy producers and Bitcoin mining. We chat about: The opportunity for Oil & Gas with Bitcoin Optionality The necessity of fossil fuels ESG Bitcoin Mining Council Bitcoin lobbying Adam links: Twitter: @denverbitcoin Site: Upstream Data Prior/relevant episode: SLP284 Steve Barbour – Bitcoin & Fossil Fuels vs Fiat Maxis Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E298 · Mon, August 09, 2021
Offers might be the next big idea for Bitcoin’s Lightning Network. Rusty Russell of Blockstream, working on the lightning spec and on c-lightning rejoins me to chat: Current invoices today vs Offers New use cases enabled e.g. static QR donation Refunds Recurring payments ‘Speaking lightning’ Offers vs LN URL What’s next Links: Twitter: @Rusty_twit Site: Bolt12.org Site: Blockstream.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E297 · Thu, August 05, 2021
Have you wondered about Bitcoin privacy or chain surveillance and how it’s done? Or how to defend against it? This is the episode for you, as Ergo of OXT Research (Part of Samourai Wallet) rejoins me on the show to talk: Background on bitcoin transactions How Bitcoin surveillance works Peel chains and wallet clustering How to counter it in practice Ergo links: Twitter: @ErgoBTC Telegram: @ErgoBTC Guide: Understanding Bitcoin Privacy with OXT — Part 1/4 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E296 · Tue, August 03, 2021
Saifedean Ammous, author of the Bitcoin Standard and the upcoming book, The Fiat standard rejoins me on the show for an illuminating episode where we explore various ideas: What bitcoin really replaces Thinking about inflationary costs infinity/21M - is it wrong? Cultural impacts of fiat money Malinvestments and where the biggest ones lie The hyperbitcoinized world Saifedean Links: Twitter: @saifedean Site: Saifedean.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E295 · Tue, July 27, 2021
Historically, Bitcoin Mining as an industry was dominated by China. John Lee Quigley (formerly of Compass Mining, and now independently consulting and writing) rejoins me on the show to talk about his recent report on the state of Bitcoin mining. We talk about the various factors going into this generational shift. Listen to this episode to understand some of the dynamics, gleaned from John’s in depth research and interviews on the subject. We chat: Historical reasons for China’s dominance Why its changing now Mining equipment upgrade cycle Capital market access Regulatory certainty Downsides of this shift John Links: Twitter: @bitcoinnomadic Substack: Adaptive Analysis - Substack Prior episodes: SLP158 John Lee Quigley - How Does A Bitcoin Price Crash Impact Bitcoin Miners? SLP259 Whit Gibbs - Bitcoin Mining For All With Compass Mining SLP275 Pavel Moravec - Slushpool Signalling For Taproot SLP162 Matt D'souza - Bitcoin Halving Analysis: Bullish For Competitive Miners Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E294 · Thu, July 22, 2021
Lyn Alden of Lyn Alden Investment Strategy rejoins me on the show to talk about macro updates and Bitcoin. We chat: CPI rises to 5.4% and inflation Govt debt and the likely govt responses Why and how they keep the party going Oil & Gas Bull case Energy and the need for baseload power Stablecoins & why Bitcoin is different People are sleeping on the Lightning Network Links: Twitter: @LynAldenContact Article: The Case for a Longer-Term Oil and Gas Bull Market Other episodes: SLP232 Lyn Alden - Bitcoin As Emerging Store Of Value SLP291 Caitlin Long Stablecoins, Bitcoin & The Fed SLP282 Alex Epstein - Why Bitcoiners Should Reframe The Energy Debate & Own Their Energy Use Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E292 · Mon, July 19, 2021
Greg Foss, a 3 decade veteran of fixed income securities specialising in HY (High Yield) joins me to talk about debt, bonds, government debt and why Bitcoin is the answer. Primer on debt instruments Interest rates and bond bull market over decades Craziness of debt markets Interaction between debt and equity Could govt repudiate the debt? Could we outgrow it? Why Bitcoin is the best asymmetric trade Links: Twitter: @FossGregfoss Paper: https://t.co/OK4dDj27Io?amp=1 Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E292 · Fri, July 16, 2021
Andrew Chow, Bitcoin Core contributor and creator of the PSBT standard rejoins me on the show to talk about the creation of a series of BIPs (Bitcoin Improvement Proposals) for Output Script Descriptors. We break down and explore the key concepts to make it accessible for bitcoiners. Seeds BIP39 vs Electrum seeds vs aezeed Derivation paths How Output Script Descriptors improve things New functionality Backups and recovery Lightning Miniscript Advanced scripting Links: Twitter: @achow101 Output Script Descriptors BIP: [New BIPs] Output Script Descriptors - GitHub Taproot PSBT BIP: [New BIP] Taproot Fields for PSBT - GitHub Mailing list post Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E298 · Thu, July 15, 2021
Caitlin Long of Avanti rejoins me on the show to talk about the coming regulatory crackdown. We discuss: The growth in stablecoins How there’s so much stablecoin volume off a low base Coming regulatory crackdown Getting direct access to the Fed Compliance in the industry Improving the on ramps for Bitcoin Links: Twitter: @CaitlinLong_ Site: Avantibank.com Site: Caitlin-Long.com Linkedin Caitlin Long Other episodes: SLP198 Caitlin Long - What Are Austrian Economists Missing About Money And Banking? SLP236 Nic Carter Stablecoins: Bullish Or Bearish For Bitcoin SLP219 Nadav Kohen - What You Should Know About Bitcoin DLCs Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E290 · Mon, July 12, 2021
NVK of Coinkite rejoins me on the show to talk about practical tips on setting up and securing your Bitcoin as well as backups. We chat: Set up tips for newcoiners Desktop wallets to use Passphrases SeedXOR Multi sig Storing backups Estate planning and inheritance Links: Twitter: Twitter.com/NVK Site: Coinkite.com Site: Walletsrecovery.org Site: Coldcard User Documentation Site: bitcoinsecurity.guide Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E289 · Tue, July 06, 2021
Laolu Osuntokun aka roasbeef, CTO of Lightning Labs rejoins me on the show to talk about how Bitcoin and Lightning Network can scale to a billion users someday. We chat: Updates on the lightning network generally ANYPREVOUT and eltoo CTV Check Template Verify Multi party channels Lnd updates Thoughts on Bitcoin’s path forward What’s coming next from Lightning Labs Laolu links: Twitter: @roasbeef Site: Lightning.engineering Previous episodes: SLP207 Roasbeef - Lightning Labs LND Goes Wumbo SLP39 Olaoluwa Osuntokun (Roasbeef), CTO Of Lightning Labs Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E288 · Thu, July 01, 2021
Hass McCook aka FriarHass rejoins me on the show to talk about why you should set up a Dollar Cost Averaging Plan. We chat: Lump sum for you, DCA for us! Is DCA more important than everything else? Even development? Growing the DCA Army to hasten hyperbitcoinisation CAGR - statistics and dishonesty? DCA vs circular economy / agorism? Practical tips Links: Twitter: @FriarHass Bitcoin Magazine articles by Hass: Bitcoin Magazine: Hass McCook Article: The True Believer’s Handbook — Tithing The Church of Bitcoin Prior episode: SLP12 - Bitcoin Mining And Energy, With Hass McCook Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E287 · Mon, June 28, 2021
Danny Scott and Zakk Lakin of CoinCorner join me to talk about: Starting CoinCorner A new type of wallet - Hoffline Security considerations Lightning adoption Bitcoin Core contribution Links: Twitter: @CoincornerDanny Twitter: @CoincornerZakk Tweet thread: Introducing “Hoffline” Site: CoinCorner.com Article: Bitcoin Core Development on Windows — A Step by Step Guide Article: Bitcoin Core Development on MacOS — A Step by Step Guide Episodes mentioned: SLP231 Stepan Snigirev Build Your Own Hardware Wallet With Specter DIY SLP124 Jon Atack - Bitcoin Core Contribution SLP242 Jonas Schnelli Maintaining Bitcoin Core: Contributions, Consensus, Conflict SLP229 John Newbery - Brink: Bitcoin Development SLP211 Steve Lee - Bitcoin Grants, Design & Crypto Patents (COPA) Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast <a href="https://www.patreon.com/StephanLivera" rel="nor
S1 E286 · Thu, June 24, 2021
Hector Rosekrans of Casa joins me on the show to talk about securing your Bitcoin and how early we are in terms of Bitcoin inheritance. We chat: Securing your bitcoin Self custody vs custodial solutions How early bitcoin inheritance is Casa covenant Hardware wallets Multi sig and inheritance setups - will they standardise? Links: Twitter: @hectorr159 Site: Keys.casa Relevant episodes: SLP182 Nick Neuman & Jameson Lopp - The Next 100 Million Bitcoin Users Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E285 · Thu, June 17, 2021
Jeff Booth, technology entrepreneur, author and bitcoin advocate rejoins me on the show to talk about: Bitcoin 2021 conference experience Fiat system extending itself MicroStrategy Bitcoin buying Macro investors Surveillance coins (CBDC) and what they would mean Supercycle thoughts Jeff Booth links: Twitter: @jeffbooth Site: Thepriceoftomorrow.com Previous episode: SLP191 Jeff Booth - Bitcoin & Our Deflationary Future Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E284 · Mon, June 14, 2021
Steve Barbour of Upstream Data rejoins me on the show to talk about: Fiat Maxis Bitcoin Mining Council Wind and Solar as unreliables Why arguing about renewable usage isn’t the right long term approach What Bitcoiners should do about it Upstream Data Hash Hut Links: Twitter: @SGBarbour Site: UpstreamData.ca Prior episode: SLP27 - Turning Stranded Natural Gas Into Bitcoin Mining Hashes, With Steve Barbour Of Upstream Data Mentioned: Law, Property Rights, and Air Pollution by Rothbard Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E283 · Thu, June 10, 2021
Alex Gladstein CSO of HRF rejoins me on the show to talk about the recent El Salvador Bitcoin legal tender news. We break down the good, the bad and what could go wrong. Overview the news Historical moment for Bitcoin and the world It could have been so much worse Merchant adoption and lightning HRF grant Links: Twitter: @gladstein Site: HRF.org Article: Uncovering The Hidden Costs Of The Petrodollar Article: Can Government Stop Bitcoin? Prior episodes: SLP220 Is Bitcoin Democratic, And Is Democracy Good? With Saifedean And Alex Gladstein SLP196 Is Bitcoin Being Captured? with Matt Odell, Alex Gladstein, & Rafael Yakobi Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E282 · Fri, June 04, 2021
Where are some Bitcoiners going wrong in their thinking and arguments about energy? Alex Epstein, author of The Moral Case for Fossil Fuels, and energy policy commentator joins me to talk about energy use, and why we’re not thinking about it clearly. We chat: The benefits of energy and fossil fuels More energy use is good! Renewables are really just unreliables Reframing the conversation Links: Twitter: @AlexEpstein Site: Energytalkingpoints.com Site: Industrialprogress.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E281 · Wed, June 02, 2021
Cory Klippsten, CEO and Founder of Swan Bitcoin joins me to talk about various topics: Working in the bitcoin space Teaching newcoiners Growing the auto-stacking movement The latest with Bitcoin Ventures Elon Musk’s mistakes Links: Site: Swanbitcoin.com Site: Bitcoinerventures.com Inventing Bitcoin (free book): swanbitcoin.com/freebook Twitter: @coryklippsten Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E280 · Mon, May 31, 2021
If you want the best privacy possible in Bitcoin, you want to use Samourai Wallet. And for the best way to use it, you need to use your own node. Zelko and Pavel join me to talk about the latest with Ronin Dojo, an easy way to do just that. We chat: What it is Who its for Recent upgrades on the UI Thoughts on hardware wallets Other services and features offered Best practice tips on privacy Open source licensing Getting support Links: Site: Ronindojo.io Zelko: @BTCxZelko Pavel: @pajasevi Ronin telegram chat: RoninDojoUI Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E279 · Fri, May 28, 2021
Michael Peterson and Nicolas Burtey join me to talk about their project showing how a whole town could go bitcoin and lightning native. Listen to this interview talking about how thousands of people are going lightning native to benefit from international remittance and creating bitcoin tourism. Stages of development Building a Citadel by the sea Lightning practicalities Teaching Bitcoin Rebuilding the Bitcoin for payments narrative Links: Site: BitcoinBeach.com Twitter: @Bitcoinbeach Twitter: @nicolasburtey Relevant episodes: SLP269 Jack Mallers - Bitcoin Wins Because It Is Open Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E278 · Wed, May 26, 2021
OpenSats is a new initiative for the bitcoiners to contribute to, to support Bitcoin and open source development and projects. Matt Odell and Ben Price join me to chat about the structure, why they’re creating a new organization, and why Bitcoin development funding shouldn’t merely be a popularity contest. Links: Site: OpenSats.org Twitter: @Matt_odell Twitter: @abitcoinperson (Ben Price) Other relevant episodes: SLP211 Steve Lee - Bitcoin Grants, Design & Crypto Patents (COPA) SLP144 Steve Lee - Square Crypto And Supporting Bitcoin Development SLP228 OKCoin's Bitcoin Developer Grant Program With Hong Fang SLP124 Jon Atack - Bitcoin Core Contribution SLP241 Bunnie - Precursor: Open Source Hardware Development Platform (Feat. Nicolas Dorier As Guest Host) Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E277 · Mon, May 24, 2021
Alejandro De La Torre, VP of Poolin, a large Bitcoin mining pool joins me on the show to chat about his efforts in helping to coordinate Bitcoin Upgrades: Taproot Activation Learnings from 2017 SegWit UASF or MASF (Miner Activated Soft Fork) UASF within MASF Distribution of network hashrate Future Soft Fork upgrades Alejandro links: Twitter: @bitentrepreneur Site: Taprootactivation.com Poolin: Poolin.com Relevant episodes: SLP260 Luke Dashjr - How Bitcoin UASF Went Down, Taproot Lot=True, Speedy Trial, Small Blocks SLP257 Matt Corallo - Bitcoin Soft Form Activation, Taproot, And Playing Chicken SLP200 Christian Decker - Anyprevout, MPP, Mitigating LN Attacks Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E276 · Thu, May 20, 2021
Anthony Ronning, Bitcoin Lightning developer joins me on the show to talk about Bitcoin Lightning Privacy. We separate FUD from fact and give it a fair hearing to give you some insight into where the privacy leakages are today, how you can be more private, and where it’s all going in the future. We chat: Basic overview of LN Different user types and wallets Lightning nodes Receiver privacy Mitigations and future tech Practical tips for users today Anthony links: Twitter: @cycryptr Article: Current State of Lightning Network Privacy Other episodes: SLP134 Rusty Russell - Multi Part Payments SLP200 Christian Decker - Anyprevout, MPP, Mitigating LN Attacks SLP119 Alex Bosworth - Submarine Swaps, Lightning Loops, Hyperloop Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E275 · Thu, May 13, 2021
Pavel Moravec of Braiins (operator of SlushPool) joins me to talk about signalling for Taproot as a miner. We chat: Whether it is difficult to signal as a miner The dynamics with different mining pools signaling Miners and Pools, how does it work Braiins OS and mining firmware What future upgrades might look like Pavel links: Twitter: @mor_pav Article: Everything You Need To Know About Taproot Signaling By Bitcoin Miners Site: Braiins.com Relevant episodes: SLP128 Jan Čapek – Stratum v2 Bitcoin Mining Protocol SLP257 Matt Corallo – Bitcoin Soft Fork Activation, Taproot, and Playing Chicken SLP260 Luke Dashjr How Bitcoin UASF Went Down, Taproot LOT=True, Speedy Trial, Small Blocks Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E274 · Tue, May 11, 2021
William Clemente III joins me to talk about analyzing Bitcoin on-chain and why we’re still in the middle of this cycle. We chat: Getting into on-chain analytics Is this time different? Supercycle or not Analyzing what different cohorts are doing What does a market top look like? MVRV, NUPL, SOPR Futures and contango trade William links: Twitter: @WClementeIII Website: Substack Other relevant episodes: SLP258 Rafael Schultze-Kraft Bitcoin Supply Crunch SLP190 Rafael Schultze-Kraft – How Many Bitcoins Are Being HODLed? SLP64 Tuur Demeester – What is Bitcoin Worth? A Bitcoin Valuation Framework SLP223 Preston Pysh - Bitcoin's Final Cycle? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E273 · Fri, May 07, 2021
Andy Edstrom rejoins me on the show to talk about Bitcoin, leverage, and not getting Rekt! We chat: What’s changed in the market in recent years Why use leverage Risks and costs with leverage Supercycle or not SWR and FIRE crossovers with collateralization Bitcoin side hustles or jobs Andrew Edstom links: Twitter: @edstromandrew Article: Don't Get Rekt Site: AndyEdstrom.com Prior episode: SLP157 Andy Edstrom - Bad Options For The Fiat Debt Problem & Why Buy Bitcoin Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E272 · Mon, May 03, 2021
Peter St Onge, Austrian economist and fellow at Mises Institute joins me on the show to talk about his thoughts on Bitcoin Energy use, and what Deflationary growth will look like. We chat: Bitcoin energy costs Fiat standard costs Costs of recession Deflationary growth Keynesian ‘sticky wages’ UBI and MMT Will robots take our jobs? Peter St Onge links: Twitter: @profstonge Article: Critics Claim Bitcoin Is a Threat to the Environment. They're Wrong. Substack: CryptoEconomy Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E271 · Wed, April 28, 2021
Pete Rizzo, editor at Bitcoin Magazine and editor in chief for Kraken joins me on the show to talk about his latest piece, ‘The Last Days of Satoshi’. We talk about various ideas: What Satoshi’s image was in the early community How things changed as Bitcoin got bigger Mistakes and bugs early in Bitcoin’s life How that colours our view going forward Bitcoin, Wikileaks, and the CIA Pete links: Twitter: @pete_rizzo Article: The Last Days Of Satoshi: What Happened When Bitcoin's Creator Disappeared Kraken link: B itcoin and Crypto Developer Grant Program Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E270 · Wed, April 21, 2021
Bob Murphy, Austrian economist and libertarian theorist joins me on the show to talk about his views on Bitcoin and Austrian economics. We chat: Bitcoin’s evolution in stages Bitcoin and non monetary use What bitcoiners are getting wrong about Austrian economics Money is not a measuring rod What it would look like under a Bitcoin world Bob Murphy links: Twitter: @BobMurphyEcon Site: BobMurphyShow.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E269 · Mon, April 19, 2021
Jack Mallers of Strike rejoins me on the show to talk about what he’s working on and how Bitcoin wins. We chat: Visiting El Salvador and financial access Bitcoin remittance market Why fiat fintech can’t compete Bitcoin and Lightning as an open network Strike expansion Jack Mallers links: Twitter: @jackmallers Strike: @ln_strike Site: Stri ke.me Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E268 · Thu, April 15, 2021
Peter Todd, Bitcoin expert and cryptocurrency consultant joins me on the show to talk about Signal’s recent decision to use MobileCoin rather than Bitcoin. Is Signal selling out? We talk about why MobileCoin is centralised, why it was a bad choice, and why they should have used Bitcoin and Lightning instead. We also talk about directions with private messaging going forward. Peter Todd links: Twitter: @peterktodd Mastodon Website: PeterTodd.org Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E267 · Mon, April 12, 2021
Joe Burnett of Mimesis Capital joins me to talk about just how big the market for Bitcoin could really be. Hint: It might be bigger than just the market for gold. We talk through valuation in a post hyperbitcoinization world, and we also explore the Bitcoin Contango trade. Joe Burnett Links: Twitter: @IIICapital Site: mimesiscapital.com Article: Valuing Companies Post-Hyperbitcoinization Article: A Deep Dive Into Bitcoin's Contango Other relevant episodes: SLP191 Jeff Booth – Bitcoin & our Deflationary Future SLP186 Joseph Salerno - Bitcoin and How Money Arises SLP153 Philipp Bagus – What Most People Get Wrong About Deflation SLP181 Preston Pysh – Bitcoin as Numeraire Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E266 · Fri, April 09, 2021
Croesus_BTC joins me to talk about why the yuppie elite do not like Bitcoin, making simplified bitcoin content, adoption and cycles, speculative attacks on fiat, and staking your claim on your ‘fair share’ of Bitcoin. Don’t miss this one! Croesus_BTC links: Twitter: @Croesus_BTC Article: Asset DNA: Explaining Bitcoin's Speculative Attack On The Dollar Article: Why The Yuppie Elite Dismiss Bitcoin Article: Bitcoin And The American West Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E265 · Tue, April 06, 2021
Diverter joins me on the show to talk about our modern world of surveillance and reliance on third parties. We chat about learning to be a ‘digital sherpa’ for your family and friends. Dealing with “I don’t have anything to hide” Password managers Nextcloud Yunohost Self hosting Bitcoin Diverter links: Twitter: @Diverter_noKYC Article: Becoming Uncle Jim Article: Uncle Jim’s Cloud Article: Searching for Uncle Jim Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E264 · Thu, April 01, 2021
Roy Sheinfeld of Breez rejoins me on the show to talk about the latest with Breez and how Lightning Network is enabling a whole new world of possibilities. We chat: Breez updates Merchant adoption of Breez Lightning network podcasting Taking payments offline Cloud backups Lightning development Roy Sheinfeld links: Twitter: @Breez_Tech Website: breez.technology Podcasts on Breez: Streaming Sats for Streaming Ideas Introducing Lightning Rod Relevant episodes: SLP94 Roy Sheinfeld - Lightning Network Services for the Masses SLP134 Rusty Russell - Lightning Multi Part Payments Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA)
S1 E263 · Mon, March 29, 2021
Parker Lewis of Unchained Capital rejoins me on the show to talk about the environment central banks have created, what that has done to money and our ability to save. We chat: Fiat financialisation of the economy Inflation and Deflation properly considered Bitcoin’s growth amongst institutions today Multi sig with Unchained Loans with Unchained Living off your Bitcoin using collateralised loans Parker Lewis links: Twitter: @parkeralewis Site: Unchained.com Articles: Bitcoin Loans: The Ultimate Guide to Bitcoin-Backed Loans Articles: Bitcoin is the Great Definancialization Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) CompassMining.io Hodl Hodl Lend CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E262 · Wed, March 24, 2021
Craig Raw joins me on the show to talk about his relatively new project, Sparrow Wallet. Sparrow Wallet allows you to easily set up a single sig or multi sig wallet, air gapped or with USB, supporting the most popular hardware wallets. We talk: Why Sparrow Progression steps for new bitcoiners QR codes Taproot Applications vs browser apps Being Uncle Jim Tor built in Electrum server vs Bitcoin core use Funding and sustainability Craig links: Twitter: @craigraw Site: sparrowwallet.com Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) CompassMining.io Hodl Hodl Lend CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E261 · Mon, March 22, 2021
Dominic Frisby, comedian, author, financial writer and libertarian joins me on the show to talk about his latest book, Daylight Robbery. We chat: How taxes have impacted society Low taxes for more prosperous societies Bitcoin Citadels and patronage Bitcoin’s impact on taxes Bitcoin Nomads Surveillance and Platforms Dominic links: Twitter: @DominicFrisby Book: Daylight Robbery Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) CompassMining.io Hodl Hodl Lend CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E260 · Wed, March 17, 2021
Luke Dashjr, long time Bitcoin Core contributor joins me on the show to discuss his views on how UASF went down in 2017. We talk through the various trade offs and points around Taproot activation and why he believes that LOT = True maximally reduces the risks. We chat: Luke’s background BIP91, BIP148 Miner signalling Chainsplits Average user and code review Speedy Trial Small blocks Luke links: Twitter: @LukeDashjr Mastodon: @LukeDashjr Email: luke@dashjr.org Relevant prior episodes: SLP257 Matt Corallo – Bitcoin Soft Fork Activation, Taproot, and Playing Chicken SLP137 AJ Towns – Schnorr Taproot Tapscript BIPs SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) CompassMining.io Hodl Hodl Lend CypherSafe CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E259 · Mon, March 15, 2021
Whit Gibbs of Compass Mining joins me on the show to talk about his background in mining, and how the mining market is developing. We chat: Hitting ROI on a mining machine Current prices and costs How to do it Learning by doing and making mistakes Mining equipment Mining facilities Hashrate distribution around the world Recent raise Links: Twitter: @BitcoinBroski Site: Compassmining.io Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E258 · Thu, March 11, 2021
Rafael Schultze-Kraft CTO of Glassnode rejoins me on the show to talk about Bitcoin on chain metrics and how there is a very bullish set up right now. We chat: Overview of how Glassnode’s analysis works Liquid supply vs illiquid supply Number of coins on exchanges dropping and what this means Difference in structure of bitcoin demand this time vs 2017 Why its not true that “2% of accounts control 95% of bitcoin” Links: Twitter: @n3ocortex Twitter: @glassnode Site: Glassnode.com Article: 78% of the Bitcoin Supply is Not Liquid Article: No, Bitcoin Ownership is not Highly Concentrated – But Whales are Accumulating Previous episode: SLP190 Rafael Schultze-Kraft – How Many Bitcoins Are Being HODLed? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E257 · Thu, March 04, 2021
Matt Corallo of Square Crypto, and long time bitcoin developer (now more focused on lightning) joins me on the show to talk about Taproot Activation, as well as review some of the history and nuance of prior soft forks in Bitcoin. We discuss: What is a fork What are the benefits of Taproot How the events of 2017 played out Dynamics of soft forks Taproot activation paths Flag day vs forced signalling UASF style LDK - Lightning Dev Kit Links: Twitter: @thebluematt Lightning Dev Kit: LightningDevKit.org Taproot links: Article: Understanding LOT=true or LOT=false by Aaron van Wirdum Article: Taproot Activation and the LOT Debate by Ben Kaufman Site: TaprootActivation.com (Mining Pool consensus effort by Alejandro from Poolin) Mailing list post: Summary of Taproot activation meeting on IRC 2/2/2021 by Michael Folkson Relevant prior episodes: SLP137 AJ Towns – Schnorr Taproot Tapscript BIPs SLP222 Jonas Nick and Tim Ruffing What’s MuSig2? What Does it Mean for Bitcoin Multisig? Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: <a href="https://stephanlivera.com/" rel="noreferrer noopene
S1 E256 · Tue, March 02, 2021
David Bailey, CEO of BTC Media (including Bitcoin Magazine) rejoins me on the show to chat about the latest: Bitcoin 2021 is coming and it’ll be huge! We chat: Bitcoin 2021 and the guests The feeling of live conferences Bitcoin Magazine content Bitcoin’s growth in recent years Bitcoin culture David Bailey links: Twitter: @DavidFBailey Bitcoin 2021 conference Bitcoin Magazine UTXO Management Prior episode: SLP61 David Bailey – Refocusing on Bitcoin Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E255 · Fri, February 26, 2021
Gleb Naumenko, Bitcoin developer rejoins me to talk about his latest venture, The Label. We chat about: Bitcoin development and consulting Protocol development Cross layer considerations Bitcoin & Lightning attacks Time Dilation attacks CoinPool Links: Twitter: @ffstls Site: The La b el Previous episode: SLP164 Gleb Naumenko – erlay Bitcoin transaction relay Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E254 · Tue, February 23, 2021
Dario Sneidermanis, Founder of Muun Wallet joins me to talk about the advanced technological approach taken by his team. We chat about: Muun as a single unified bitcoin + lightning balance A different approach with mnemonics and backups Lightning and channel management Splicing Use in Argentina and elsewhere around the world Links: Twitter: @esneider Twitter: @muunwallet Site: Muun.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E253 · Fri, February 19, 2021
Samson Mow CSO of Blockstream rejoins me on the show to chat about what’s going on with the new Jade hardware wallet, updates on Liquid & Bitcoin Mining: Jade hardware wallet Blockstream Green Why use Liquid vs Lightning Blockstream Mining Mining industry generally Samson links: Twitter @Excellion Site: Blockstream.com Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E252 · Wed, February 17, 2021
NVK, CEO of CoinKite joins me on the show to talk about hardware wallets, air gapped computers and all kinds of useful security questions. This episode will help you learn about the kinds of attacks possible against air gapped computers and hardware wallets, as well as bring some nuance and balance to the conversation about how people should use Bitcoin. We chat: Locking down security Attacks possible against air gapped computers Multi sig vulnerabilities and standards Helping newcoiners in the space Balancing tradeoffs NVK links: Twitter: @nvk Site: CoinKite.com (use code LIVERA) BitcoinSecurity.Guide Airgapcomputer.com Other links: Coinkite Coldcard vuln disclosure blog post The Missing Multisig Standard Bitcoin Secure Multisig Setup Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera </ul
S1 E251 · Fri, February 12, 2021
Dan Held rejoins me on the show to chat about HODL mindsets vs spending and mistakes made along the way. You’ll find a lot of value in this episode whether you are a new bitcoiner or an experienced hand. We chat: HODL Mindset Mistakes of spending and trading Using Bitcoin collateralised loans Property market for Bitcoiners Where we’re going Dan Held links: Twitter: @danheld Newsletter: danheld.substack.com Youtube: Dan Held YouTube Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Saylor Academy Bitcoin For Everybody Course: Saylor Academy Bitcoin For Everybody Course Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E250 · Mon, February 08, 2021
Andrew Henderson of Nomad Capitalist joins me on the show to talk about the benefits of nomad capitalism, using overseas residences and citizenships to obtain legal tax savings and increased freedom. We chat: Huge tax savings possible Risks and costs Considerations for Bitcoiners Being a nomad with a family Jurisdictional competition Adapting to a globally changing game Andrew Henderson links: Twitter: @nomadcapitalist Portugal Golden Visa Citizenship By Investment Golden Visa EU residence programs Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E249 · Fri, February 05, 2021
Stephan Kinsella and Jed Grant join me to chat about Open Crypto Alliance. We talk: Why IP laws are anti-liberty and anti-progress How progress has been delayed by improper concepts of property rights How Patent laws could hinder the Bitcoin industry The asymmetry of attack vs defense here How to stop overly broad patents How to support OCA Guest links: Site: https://www.opencryptoalliance.org/ Stephan twitter: @NSKinsella Jed twitter: @JediGrant Prior episodes: SLP15 – Intellectual Property, Bitcoin, and Internet Censorship, with Stephan Kinsella SLP211 Steve Lee – Bitcoin Grants, Design & Crypto Patents (COPA) Sponsors: Swan Bitcoin lend.Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Compass Mining Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E248 · Tue, February 02, 2021
Godfrey Bloom, Austrian economist, former politician, and libertarian author joins me to talk about what governments will do to Bitcoin. We discuss: Commonalities and differences with gold What he’s learned since first buying Bitcoin How governments may attempt to control Bitcoin How some people will use Bitcoin in spite of control Govt bans vs regulation Building a movement Godfrey Bloom's Links: Twitter: @Goddersbloom Website: godfreybloom.uk Prior episode: SLP217 Exploring Bitcoin With Godfrey Bloom Sponsors: Swan Bitcoin Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) CoinKite.com (code LIVERA) Compass Mining Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E247 · Fri, January 29, 2021
Luke Gromen, founder of FFTT (Forest for the Trees) joins me to talk about his views on Bitcoin. We chat: Bitcoin as store of value, medium of exchange bifurcated Does Bitcoin recreate the Hunger Games? Bitcoin as Smoke Alarm US Govt debt Why rates can’t rise? Luke Gromen links: Twitter: @LukeGromen Site: FFT-LLC.com Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E246 · Mon, January 25, 2021
Have you wondered whether you should work in the Bitcoin industry or otherwise earn Bitcoin? Listen to this episode where Mandrik, OG Bitcoiner from 2011 joins me to share his stories of earlier days in Bitcoin. We chat: Libertarians and Bitcoin Early wallets Working at Bitcoin companies in those days Why earning will change your life Links: Twitter: @ M andrik Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E245 · Thu, January 21, 2021
Wiz and Simon of the mempool.space project join me to talk about how Bitcoin is evolving over time into a multi layered system. Mempool.space is a block visualizer and explorer that helps users target their fee levels and more. We chat: How the mempool.space project started The evolution of fees and bitcoin’s block space market Mempool.space v2 launch How fees might shift over time Techniques for dealing with bitcoin confirmation Future plans with mempool.space Links: Website: Mempool.space Twitter: @mempoolspace Twitter: Wiz: @wiz Twitter: Simon: @softsimon_ Prior episodes: SLP74 Wiz – Bitcoiners vs Shitcoiners SLP112 – Wiz and m52go – Bisq: Decentralised Bitcoin Trading Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E244 · Mon, January 18, 2021
Nik Bhatia, CFA, author and university lecturer (previously worked as a bond trader and at OpenNode) joins me to talk about Bitcoin and its role in a layered money world. We talk about the concept of money operating in layers and what this might look like going into the future. We also chat about the idea that Bitcoin could be the safest layer to operate at. Nik Bhatia links: Twitter: @timevalueofbtc Book: Layered Money Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E243 · Fri, January 15, 2021
Bitcoin price has been rising and some argue that it is tracking along with the S2F model! Others argue that this is statistically invalid. PlanB, pseudonymous analyst and creator of the S2F and S2FX models rejoins me on the show to talk: S2F and S2FX vs recent market action Critiques and spurious correlations Comparison with past cycles PlanB’s thoughts on whether this is the final cycle Macro factors - Tether and others Negative rates Cash and carry trade Previous episodes: SLP67 Plan B (@100trillionUSD) – Modelling Bitcoin’s digital scarcity through stock-to-flow techniques SLP86 PlanB – Frontrunning the Bitcoin Halvening? SLP122 PlanB – Responses to the S2F model SLP171 PlanB & Saifedean Ammous – Bitcoin S2FX, S2F, and Evolution From Collectible to Financial Asset Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E242 · Wed, January 13, 2021
Jonas Schnelli, one of the Bitcoin Core maintainers joins me to talk about Bitcoin development, contribution, funding and the ecosystem of Bitcoin. We get into: How contribution happens How to deal with conflict as a maintainer What rough consensus means Taproot Privacy Lightning Mining Outlook for next 5 years Jonas links: Twitter: @jonasschnelli Website: bitcoin.jonasschnelli.ch/ Github: github.com/jonasschnelli Prior episodes: SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club SLP229 John Newbery – Brink: Bitcoin DevelopmentJohn Newbery SLP124 Jon Atack – Bitcoin Core Contribution SLP211 Steve Lee – Bitcoin Grants, Design & Crypto Patents (COPA) SLP144 Steve Lee – Square Crypto and Supporting Bitcoin Development SLP137 AJ Towns – Schnorr Taproot Tapscript BIPs Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast <a hre
S1 E241 · Fri, January 08, 2021
In the Bitcoin world, we say “Don’t Trust, Verify”. But do we do this with our hardware and hardware wallets? Andrew “bunnie” Huang is a hacker and open hardware activist, holding a PhD in Electrical Engineering. He joins me and Nicolas Dorier (as guest co host) to talk about his new project and how it could be used in the Bitcoin world, potentially as a fully open source bitcoin hardware wallet. Links: Website: Precursor.dev Twitter: @bunniestudios Twitter: @nicolasdorier Prior episodes with Nicolas: SLP48 Nicolas Dorier and BTCPayServer – self hosted Bitcoin and Lightning payments SLP172 Nicolas Dorier & Kukks – P2EP Comes To BTCPay Server Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E242 · Tue, January 05, 2021
Jimmy Song and Robert Breedlove join me to talk about a new book they co-authored (with other authors) on Bitcoin and how it fixes fiat money. This new book is inspired by The Ethics of Money Production and Honest Money, which blends an austrian analysis of fiat money and fractional reserve banking, with a christian perspective. Links: Book: Thank God For Bitcoin Jimmy Song: @jimmysong Robert Breedlove: @breedlove22 Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E239 · Wed, December 23, 2020
Jake Chervinsky, GC of Compound Finance joins me on the show to talk about Steven Mnuchin’s proposed new regulations for US Bitcoin companies and how to push back: What the new regulation would do Terminology ‘unhosted’ and self-hosted Compliance burden and chilling effect Can the regulations be pushed back? Non-US customers of US businesses FATF and how to push back Jake's link: Twitter: @jchervinsky Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E238 · Mon, December 21, 2020
The market for high quality hardware wallets is becoming more competitive with new entrants over time. Zach Herbert & Ken Carpenter of Foundation Devices join me to talk about their new upcoming product, Passport. Passport is fully air gapped (QR or microSD), PSBT, and designed with an open source mindset. We chat: Zach and Ken’s history with Obelisk prior to Foundation Overview of Passport Features Approach with software QR air gapping Seed Generation Firmware updates Pricing and Timing Guest links: Website: https://foundationdevices.com/ (code LIVERA for discount) Twitter: @zachherbert Twitter: @KenOfFoundation Twitter: @FOUNDATIONdvcs Relevant episodes: SLP97 Michael Flaxman – Every Bitcoin Hardware Wallet Sucks SLP215 Michael Flaxman – 10x Your Bitcoin Security With Multisig SLP205 Specter Desktop Bitcoin Multi Sig with Stepan Snigirev & Ben Kaufman Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
Tue, December 15, 2020
Saifedean Ammous, author of The Bitcoin Standard rejoins me on the show to talk about his upcoming book, The Fiat Standard. We chat about how the fiat standard started, and the propaganda that they use to maintain it. Saifedean links: Site: Saifedean.com Twitter: @saifedean Previous episodes: SLP220 Is Bitcoin Democratic, And Is Democracy Good? With Saifedean and Alex Gladstein SLP171 PlanB & Saifedean Ammous – Bitcoin S2FX, S2F, and Evolution From Collectible to Financial Asset SLP147 Pierre Rochard & Saifedean Ammous – Bitcoin as Savings Technology & Number Go Up SLP69 Saifedean Ammous – How governments could kill Bitcoin and Bitcoin scenarios SLP1 – Bitcoin as Sound Money with Saifedean Ammous, Austrian Economist Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E236 · Fri, December 11, 2020
Nic Carter of Castle Island Ventures, author and podcaster in the space joins me to talk about stablecoins. What are stablecoins? Who uses them? What kind of volumes are we talking about? What kind of platform risks are involved? Are they bullish or bearish for Bitcoin? STABLE act Outlook for stablecoins going forward Nic Carter links: Twitter: @nic__carter Castle Island Ventures Relevant episodes: SLP10 – Visions of Bitcoin and Transaction Batching with Nic Carter and Hasu SLP219 Nadav Kohen – What You Should Know About Bitcoin DLCs Sponsors: Swan Bitcoin Knox Custody Hodl Hodl Unchained Capital (code LIVERA) CypherSafe (code LIVERA)
S1 E235 · Mon, December 07, 2020
Niall Ferguson, MA, D.Phil., is the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, and a senior faculty fellow of the Belfer Center for Science and International Affairs at Harvard. He’s also author of 15 books, including The Ascent of Money. Niall and I chat: Bitcoin as a store of value The pandemic and impacts on how we use money Debt around the world and in history What’s in our financial future Niall Ferguson links: Twitter: @nfergus Website: niallferguson.com Article: Bitcoin Is Winning the Covid-19 Monetary Revolution Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E234 · Sat, December 05, 2020
Ron Paul, libertarian former congressman and presidential candidate, joins me on the show to talk about Bitcoin, Libertarianism and Freedom in Money. Ron Paul Links: Twitter: @ronpaul Site: RonPaulLibertyReport.com Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E233 · Fri, December 04, 2020
Vijay Boyapati rejoins me on the show to talk about where we’re at in the cycle. We talk through: Possible valuations for bitcoin Common misunderstandings Errors people make in bull runs Why Bitcoin is not tulips Bitcoin Derangement Syndrome Vijay links: Twitter: @Real_vijay Bullish case for bitcoin Prior episodes: SLP2 – How Bitcoin ‘mentally captures’ people with Vijay Boyapati SLP17 – Bitmain, Bcash, Facebook Crypto rumours, and reframing scarcity with Vijay Boyapati SLP40 Vijay Boyapati – Why Credit Deflation is More Likely Than Mass Inflation SLP76 Vijay Boyapati – Bitcoin is not Paypal 2.0 SLP185 Vijay Boyapati – What Bitcoin Is Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E232 · Wed, December 02, 2020
Lyn Alden of Lyn Alden Investment Strategy joins me to talk about how Bitcoin is emerging as a new store of value. We discuss misconceptions on bitcoin, the impact of the constant low key influx of new capital, gold vs bitcoin, concentration of bitcoin, and the broader macro environment we find ourselves in. Lyn Alden links: Lynalden.com Twitter: @Lynaldencontact Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E231 · Mon, November 30, 2020
Stepan Snigirev (CTO Crypto Advance), and renowned hardware wallet maker rejoins me on the show to talk about Specter DIY and Specter Desktop updates. We chat: Why make your own Security model vs other HWWs Airgapping with QR Use in multi sig setups Specter Desktop updates Links: Specter DIY github: https://github.com/cryptoadvance/specter-diy Specter store: https://specter.solutions/shop/specter-shield/ Stepan Twitter: @StepanSnigirev Prior episodes: SLP205 Specter Desktop Bitcoin Multi Sig with Stepan Snigirev & Ben Kaufman Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) CypherSafe (code LIVERA) Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E230 · Fri, November 27, 2020
We’re all bullish on bitcoin, but will transactions take place on Lightning Network or other layers and tech? Udi and Eric join me on the show to discuss. Monetary demand for bitcoin How much payment demand is there? Privacy, custody and other trade offs Stablecoin payment demand Platform risks of ETH Links: Udi Wertheimer: HaveFunStayingPoor.com Eric Wall: @ercwl Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E229 · Tue, November 24, 2020
John Newbery joins me to talk about his new bitcoin research and development center, Brink. John is a regular Bitcoin Core contributor, works on Bitcoin Optech, started PR Review Club, and mentors new bitcoin core developers. In this show we talk: Why Brink Priorities for development Mentoring new developers Bitcoin development culture John Newbery links: Twitter: @Jfnewbery Site: Brink.dev Other episodes mentioned: SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP222 Jonas Nick and Tim Ruffing What’s MuSig2? What Does it Mean for Bitcoin Multisig? Sponsors: Swan Bit c oin Unchained Capital (code LIVERA) Knox Custody Hodl Hodl Lend CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E228 · Fri, November 20, 2020
Hong Fang, CEO of OKCoin joins me to talk about: Her pathway to learning about Bitcoin Bitcoin’s current status in the market Funding Bitcoin development Focus and priorities for development Identifying talent Links: Hong Fang: @hfangca Developer grants: https://developergrant.okcoin.com/ Relevant episodes: SLP214 Pierre Rochard & Fabian Jahr – Where Are All The Bitcoins? Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) Bitcoin Magazine Hodl Hodl Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E227 · Mon, November 16, 2020
Will Bitcoin enable the Sovereign Individual thesis to play out? Or will the state successfully find some counter to retain the level of taxation, surveillance and control that they currently enjoy? Robert Breedlove and Jesse Lawler join me on the show to debate. Links: Twitter: @breedlove22 Parallax Digital: Parallax Digital Twitter: @lawlerpalooza Sponsors: Swan Bitcoin Knox Custody Bitcoin Black Friday CypherSafe (code LIVERA) Unchained Capital (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E226 · Fri, November 13, 2020
What is DeFi? Should it be a thing in Bitcoin or is that just an altcoin gambling thing? Max Keidun, CEO of Hodl Hodl joins me to talk about Bitcoin DeFi and Hodl Hodl’s new product, Lend. We talk: Bitcoin DeFi Hodl Hodl Lend Opening up a whole new lending market Risks Costs How it might develop Max Keidun links: Twitter: @keidunm Hodl Hodl Prior episodes: SLP56 Max Keidun & Roman Snitko of Hodl Hodl Bitcoin Exchange & Baltic Honeybadger SLP166 Max Keidun – P2P Bitcoin Trading No KYC, coming to your smartphone powered by Hodl Hodl Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Hodl Hodl Lend Bitcoin Black Friday Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E225 · Mon, November 09, 2020
You’re probably familiar with Bitcoin node packages, so what’s different here with Embassy and EmbassyOS? Matt Hill & Aiden McClelland of Start9 Labs join me to talk about shifting to a more personally sovereign paradigm, and what kinds of technology and hardware can take us there. We talk about: What EmbassyOS is What’s different vs bitcoin node packages Integrating Lightning into EmbassyOS Private messaging Set up Where we’re going Links: Start9 Labs Matt Hill: @MattHill Aiden McClelland: @_dr_bonez Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Hodl Hodl Lend Bitcoin Black Friday Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E224 · Fri, November 06, 2020
What are some common errors that people make when learning how to self custody? Should you use multi signature? Where does NVK agree / disagree with Michael Flaxman? NVK, CEO of CoinKite rejoins me on the show to discuss this and more. Bitcoin multi signature Bitcoin backups and walletsrecovery.org Bitcoin security Blockclock Mini BitcoinTreasuries.org Nvk's Links: Twitter: @NVK Site: coinkite.com (use code LIVERA for discount) bitcoinsecurity.guide Walletsrecovery.org bitcointreasuries.org Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Cyphersafe (code LIVERA) Bitcoin Magazine Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E223 · Mon, November 02, 2020
Preston Pysh of We Study Billionaires joins me on the show to talk about what Bitcoin’s final cycle might look like. How would we know if we’re going through the final cycle? How likely is it? Will corporates buying bitcoin be weak hands or strong hands? What about governments trying to shut Bitcoin down? Preston Pysh‘s Links: Twitter: @PrestonPysh We Study Billionaires Prior episodes: SLP109 Preston Pysh – How To Think About Bitcoin as an Investor SLP181 Preston Pysh – Bitcoin as Numeraire Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Bitcoin Black Friday Hodl Hodl Lend Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E222 · Tue, October 27, 2020
Confused about what MuSig2 is? As Bitcoin’s Schnorr Taproot soft fork has now been merged into Bitcoin Core (but not yet activated), it’s worthwhile understanding what some of the new multisignature schemes are for using Taproot. Jonas Nick and Tim Ruffing, cryptographers working at Blockstream join me on the show to talk about their latest, MuSig2. Jonas Nick ‘s Links: Twitter: @n1ckler Tim Ruffing ‘s Links: Twitter: @real_or_random Links: MuSig2 paper: Simple Two-Round Schnorr Multi-Signatures MuSig-DN Prior episodes: SLP137 AJ Towns – Schnorr Taproot Tapscript BIPs SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Bitcoin Black Friday CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E221 · Wed, October 21, 2020
What are the considerations for your business in holding bitcoin? Should you self custody with multi signature for improved security and control? Joe Kelly and Dhruv Bansal, CEO and CSO of Unchained Capital join me to chat. We talk: What business owners have to consider How to custody bitcoin Unchained Capital’s solution Coldcard Financialisation of computer networks Challenges of being a bitcoin company founder Joe and Dhruv Links: Twitter: @josephkelly Twitter: @dhruvbansal Unchained Capital Prior episodes: SLP113 Dhruv Bansal – Bitcoin Multisig & Hermit with Unchained Capital Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Bitcoin Black Frida y CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E220 · Sun, October 18, 2020
Is Bitcoin a democracy? Or is it more like a natural order? What about democracy in general, does that protect human rights and enable human flourishing? Saifedean and Alex Gladstein debate the question of whether democracy promotes human flourishing. This was moderated by Stephan Livera, initially on Saifedean’s online seminar. Saifedean 's Links: Twitter: @saifedean Saifedean.com Alex Gladstein 's Links: Twitter: @gladstein Hrf.org Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E219 · Thu, October 15, 2020
What are Discreet Log Contracts? Are they just for degenerate gamblers or is there a business use here? Nadav Kohen of Suredbits joins me to talk about what they are, why they’re useful and how they work. Why Use DLCs over multisig? Trust and Privacy Funding and Contract Execution Transactions Oracles and associated problems Lightning DLCs DLC Spec Nadav ‘s Links: Twitter: @ nadav_kohen Suredbits Suredbits Blog Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E218 · Fri, October 09, 2020
Philip Haslam and Russ Lamberti join me to talk about their book on Zimbabwe and hyperinflation, When Money Destroys Nations. We chat about: Where hyperinflation has happened before The culture of debt & entitlement Print and spend vs loan and spend The stages or ‘gorge moments’ Financial repression Liquidity obfuscation How might future hyperinflation episodes play out Links: Website: whenmoneydestroys.com Book: When Money Destroys Nations Russell Lamberti: @RussLamberti Philip Haslam: @HaslamPhilip Book twitter: @WMDNbook Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E217 · Wed, October 07, 2020
Godfrey Bloom, Austrian economist, former politician, and libertarian author joins me to talk. Godfrey is a self proclaimed goldbug, and in this conversation we explore Bitcoin and his recent discussion on it. We chat about: Bitcoin’s use as reserve asset Some similarities and differences between Bitcoin and Gold Central Banking Welfare Statism Links: Twitter: @Goddersbloom Website: godfreybloom.uk Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E216 · Fri, October 02, 2020
Why is Bitcoin so exciting? How does Silicon Valley culture influence it? Gloria Zhao, bitcoin core contributor joins me to talk: Silicon Valley culture influences Teaching blockchain, then getting more into Bitcoin Being mentored by Bitcoin core developers Bitcoin PR Review club Map of the Bitcoin Network Gloria 's Links: Twitter: @glozow Github: Glozow Article: Map of the Bitcoin network Relevant episodes: SLP124 Jon Atack – Bitcoin Core Contribution Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Mempool.space Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E215 · Mon, September 28, 2020
After terrifying everyone with his prior SLP appearance re: hardware wallet security, Michael Flaxman rejoins me on the show to talk about his new multisig guide to help users secure their coins without any single point of failure. We cover: What’s improved in the space since last year Why you need to eliminate SPOFs (Single Points of Failure) Comparison of current hardware wallets Multi sig services vs DIY Using Specter Using Coldcard & Cobo Seedpicker Tips on maintaining the setup Michael links: BTC Guide: https://btcguide.github.io/ Twitter: @mflaxman Prior episodes: SLP97 Michael Flaxman – Every Bitcoin Hardware SLP205 Specter Desktop Bitcoin Multi Sig with Stepan Snigirev & Ben Kaufman SLP99 Andrew Chow – Hardware Wallets and Bitcoin Core with HWI and PSBT Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E214 · Fri, September 25, 2020
Why does auditing Bitcoin matter? Why won’t the supply ever actually reach 21 million? Pierre Rochard of Kraken and Fabian Jahr (Bitcoin Core contributor) join me on the show to talk. Bitcoin supply Auditing Gettxoutset Bitcoin Core coin stats index More in depth bitcoin accounting Links: Fabian Jahr github: @fjahr Fabian Jahr: @fjahr Article: https://fjahr.com/posts/where-are-the-coins/ Pierre Rochard: @pierre_rochard Article: https://www.pierrerochard.com/auditing-bitcoin-supply/ Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E213 · Mon, September 21, 2020
Why did MicroStrategy buy $425 million of Bitcoin and adopt it as Primary Treasury Reserve Asset? How did the team learn about Bitcoin? What is driving people to learn about Bitcoin in this high inflation environment? Michael Saylor, CEO of MicroStrategy joins me to discuss. Links: Twitter: @michael_saylor Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E212 · Sun, September 20, 2020
Bitcoin custody insurance has been hotly debated in the industry, with concerns around the volatility, its feasibility, and whether it makes sense. What's Knox doing differently? Alex Daskalov, CEO of Knox Custody joins me to discuss these questions. Alex links: Alex Twitter: @daskalov Knox Custody: @knoxcustody Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E211 · Tue, September 15, 2020
What grants have Square Crypto given? How can Bitcoin design be improved? How can Bitcoin and Cryptocurrency Patents be protected for the community and permissionless innovation to continue apace? Steve Lee of Square Crypto joins me to talk about some of the latest. Links: Steve twitter: @moneyball COPA Thread: https://twitter.com/sqcrypto/status/1304087270736236544 Bitcoin Design: https://medium.com/@squarecrypto/bringing-together-the-bitcoin-design-community-b89e5fbe080f Prior episode: SLP144 Steve Lee – Square Crypto and Supporting Bitcoin Development Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E210 · Fri, September 11, 2020
How do you watch Bitcoin’s mempool? What tools should we use? What are the implications longer term for a blockspace market? Sergej Kotliar, CEO of Bitrefill joins me to talk about this and more: Mempool watching and what tools are needed Blockspace market longer term Lightning adoption Bitcoin Privacy and ‘bad actors’ COVID and Bitcoiners Sergej links: Twitter: @ziggamon Bitrefill: Bitrefill.com Prior episodes: SLP85 Sergej Kotliar – Building Bitcoin’s circular economy SLP25 – Taking Bitcoin Lightning Payment, and ‘earner adoption’, with Sergej Kotliar, CEO of Bitrefill Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E209 · Tue, September 08, 2020
Is Bitcoin user culture going the wrong way? Or are these general cultural things? What should be the approach around avoiding KYC? What new features are coming to Samourai Wallet? Samourai Wallet joins me to discuss. Samourai Wallet links: Site: samouraiwallet.com Twitter: @samouraiwallet Prior episodes: SLP150 Samourai Wallet – Make Every Bitcoin Spend a Coinjoin Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E208 · Fri, September 04, 2020
Does money need a non-monetary use? Will the government return to a gold standard? Are we doomed to repeat the same cycle of fiat money? Peter Schiff, CEO Euro Pacific Capital, chairman of Schiff Gold, and host of Schiff Radio joins me to discuss. Peter links: Twitter: @PeterSchiff Schiff Radio: schiffradio.com Euro Pac: europac.com Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E207 · Wed, September 02, 2020
What’s the latest with the Lightning Network? What will it mean when channels go large sized with wumbo? How is the network and ecosystem growing? Laolu (roasbeef) CTO of Lightning Labs joins me to talk. Links: Twitter: @roasbeef Lnd 0.11 post Lightning labs: Lightning.engineering Lightning Labs twitter: @lightning Prior episode: SLP39 Olaoluwa Osuntokun (Roasbeef), CTO of Lightning Labs Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Knox Custody CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera 1
S1 E206 · Mon, August 31, 2020
Have you wondered how to recover bitcoins from a seed? Maybe your friend doesn’t remember which wallet they used? In this episode with Luke Childs, we talk about how to recover them into Electrum with his newly written tool. We also talk about Umbrel, a new node package promising very easy set up. We also chat about security, development and bitcoin coding. Links: Twitter: @lukechilds Github: https://github.com/sponsors/lukechilds#sponsors Site: https://lukechilds.co/ Umbrel: https://getumbrel.com/ Sponsors: Swan Bitcoin Knox Custody Unchained Capital (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E205 · Fri, August 28, 2020
Are you looking for an easy bitcoin multi signature wallet that doesn’t require an electrum server? Or perhaps one with support for different bitcoin hardware wallets and a different interface? Check out Specter-Desktop! Stepan Snigirev (CTO Crypto Advance) and Ben Kaufman (Specter Desktop contributor) join me to talk about the project. Features UX Multi signature standards HWI and HWW support Design decisions Looking for contributors Links: @StepanSnigirev @_BenKaufman @CryptoAdvance Specter Desktop github Specter Support Telegram Channel Prior episodes: SLP84 Stepan Snigirev – Quantum Computing Threat to Bitcoin and Next Generation Bitcoin Hardware Wallets SLP105 Justin Moon & Stepan Snigirev – DIY Bitcoin Hardware Wallet and Multi Signature Sponsors: Swan Bitcoin Unchained Capital (code LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E204 · Tue, August 25, 2020
What’s the relation between fiat money and slavery? How did easy money and government suppression of honest money lead to this outcome? What’s the story with aggry beads and panos? How does Bitcoin change this? Robert Breedlove (CEO & CIO Parallax Digital) joins me to talk about these questions. Links: Twitter: @breedlove22 Article: Masters and Slaves of Money Parallax Digital: ParallaxDigital.io Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E203 · Fri, August 21, 2020
Raoul Pal of Real Vision rejoins me on the show to talk about how Bitcoin and Macro are colliding. We talk about the incredible risk:reward opportunity of bitcoin, DCA long term, Bitcoin as better collateral, and more. Raoul Pal Links: Twitter: @RaoulGMI RealVision Prior Episodes: SLP93 Raoul Pal – Global Macro Risks and Bitcoin Sponsors: Swan Bitcoin Unchained Capital CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E202 · Thu, August 20, 2020
What are some of the stories from Bitcoin’s Brisbane scene in Australia? Jeff Yew joins me to chat about his experiences from the Brisbane scene, and teaching newcoiners about bitcoin. We also chat about the Binance Australia launch. Jeff links: Twitter: @Vnumeris Binance AU Sponsors: Swan Bitcoin Unchained Capital (code: LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E201 · Mon, August 17, 2020
Want to buy bitcoin w/o KYC and non custodial all in one app? BlueWallet has recently launched this feature. Igor and Nuno from the BlueWallet team join me to talk about their work and the many features available in BlueWallet. Creating BlueWallet Partnering with Hodl Hodl UX Lightning Custodial Watch only wallets and hardware wallet support BlueWallet links: BlueWallet.io @BlueWalletio Nuno: @nvcoelho Sponsors: Swan Bitcoin Unchained Capital CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E200 · Thu, August 13, 2020
What’s ANYPREVOUT? How does MPP work in practice and what are the considerations? What about some of these LN attacks, what are the mitigations and do they limit LN’s effectiveness? How is Bitcoin’s Lightning Network likely to grow out in the future? Christian Decker links: Twitter: @snyke ANYPREVOUT: BIP118 MPP Blog: All Paths Lead to Your Destination github cdecker Relevant prior episodes: SLP134 Rusty Russell Lightning Multi Part Payments SLP59 Christian Decker Bitcoin Lightning Channel Factories Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E199 · Sun, August 09, 2020
Electrum Wallet is one of the longest standing Bitcoin wallets, and well known for supporting hardware wallets, multi signature - and now lightning! We talk about a range of things: Lightning HWW support Multi sig Electrum Server model Backup seeds Links: Electrum.org Twitter: @ElectrumWallet Electrum github Prior episode : SLP125 Thomas Voegtlin – Electrum Wallet: Bitcoin seeds, PSBT, Multi sig, Lightning Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E198 · Wed, August 05, 2020
Caitlin Long of Avanti Financial Group joins me to talk about Bitcoin, banking, rehypothecation and what Austrian Economists are missing. How much additional money is being created in the shadow banking system? What about ‘moneyness’? We also discuss Caitlin’s IMF working paper, and the recent OCC Interpretive Letter 1170. Caitlin Long links: Twitter: @CaitlinLong_ Avanti: AvantiBank.com Sponsors: Swan Bitcoin Unchained Capital CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E197 · Fri, July 31, 2020
How do we grow Bitcoin’s community of self custodying HODLers? With Bitcoin Meetups! How do you organise and run one? What topics do you present? How do you get a venue? How do you keep people engaged? Stephen Cole of the OC Bitcoin Meetup joins me to discuss. Stephen Cole links: Twitter: @sthenc OCBTN Meetup OCBTN twitter: @OCBTN Sponsors: Swan Bitcoin Unchained Capital New Brighton Capital (use code: LIVERA) Fund Bitcoin Open Source development: www.bitcoindevlist.com Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E196 · Tue, July 28, 2020
Does government regulation of AML (Anti Money Laundering) represent a new way for governments to capture Bitcoin? FATF (Financial Action Task Force) is driving stricter regulations, and it now appears that large Bitcoin businesses are looking for ways to collaborate with the “Travel Rule”. What are the implications of this for Bitcoin privacy? Will Bitcoin be captured by governments, or will Bitcoin capture governments? Links: Matt Odell of TFTC/RHR ( MattOdell.com ) Alex Gladstein of HR F Rafael Yakobi of The Crypto Lawyers Prior Episodes: SLP70 Matt Odell – Putting Bitcoin into practice for noobs SLP138 Matt Odell – Should Bitcoiners Coinjoin? SLP102 Jimmy Song & Alex Gladstein – The Little Bitcoin Book SLP165 Rafael Yakobi – Should Coinjoin users be flagged? Is Privacy Illegal? Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E195 · Sun, July 26, 2020
Nix-Bitcoin is a designed to be a more secure Bitcoin node, based on NixOS. Pseudonymous developer, nixbitcoindev joins me to explain more about why and how. What are the benefits of reproducibility? What else can be done from a security perspective to secure your bitcoin node? Will it be easy to use or only for technical people? Nix-Bitcoin links: Nix-bitcoin github Nix bitcoin twitter Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E194 · Thu, July 23, 2020
Wondered how to set up your own bitcoin + lightning node? Raspiblitz is a project offering a DIY node (or you can buy a premade one), with an LCD screen. Rootzoll and openoms join me to discuss. Raspiblitz links: Rootzoll: @rootzoll Openoms: @openoms Raspiblitz Raspiblitz guide Sponsors: Swan Bitcoin Unchained Capital New Brighton Capital (use code: LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E193 · Wed, July 15, 2020
How do you teach Bitcoin to your Boomer relatives and friends? What are some of the common sticking points? Should you explain it as Digital Gold? Gary Leland, Hall of Fame podcaster, entrepreneur, and conference organizer of Bit Block Boom joins me to discuss! Gary links: Twitter: @GaryLeland BitBlockBoom: bitblockboom.com Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E192 · Tue, July 14, 2020
If you’re fundamentally bullish on Bitcoin, how do you invest in Bitcoin companies? What kind of strategies can be employed, what are some common errors in the space? How do you pick good teams and companies? Alyse Killeen founding Managing Partner of Stillmark VC, advisor to Mantis (venture firm) and advisor and sits on the board of well known Bitcoin companies such as Blockstream and Casa. Alyse links: Twitter: @alysekilleen Website: alysekilleen.com Sponsors: Swan Bitcoin Unchained Capital New Brighton C apital (use code: LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E191 · Fri, July 10, 2020
The world is undergoing pressures that are inflationary, but also deflationary forces. Which one will win out? What is driving humanity’s progress forward? Jeff Booth, tech entrepreneur and author joins me to discuss our deflationary future. Jeff Booth: Twitter: @JeffBooth Book: thepriceoftomorrow.com Sponsor links: Swan Bitcoin Unchained Capital New Brighton Capital (use code: LIVERA) CypherSafe (use code: LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E190 · Wed, July 08, 2020
How many Bitcoins are being HODLed? Bitcoin’s nature allows some level of investigation and analysis, and it’s possible to see how many coins are moving. Rafael Schultze-Kraft, CTO of Glassnode joins me on the show to discuss some of the insights he’s been sharing. Rafael links: Twitter: @n3ocortex Website: glassnode.com Thread Sponsors: Swan Bitcoin Unchained Capital New Brighton Capital (use code: LIVERA) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E189 · Sun, July 05, 2020
There’s a lot of heated discussion about Bitcoin HODLing vs Spending, the circular economy, and what actions build on Bitcoin’s censorship resistance. Ragnar Lifthrasir of Guns N Bitcoin joins me for a discussion on this topic. Ragnar links: Twitter: @ragnarly Site: Gunsnbitcoin.com Sponsor links: Swan Bitcoin Unchained Capital CypherSafe (Code: LIVERA for discount) Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E188 · Wed, July 01, 2020
Does Bitcoin Need Marketing and marketers? Does it need influencers? What kinds of strategies are appropriate across different channels? Dan Held, Director of Business Development at Kraken joins me to discuss. Dan Held links: Twitter: @danheld Article: Bitcoin’s Marketing Team Website: danheld.com Relevant prior episodes: SLP34 Dan Held – Bitcoin Heroes, Villains, Survival, and Capitulation SLP81 Dan Held – Why Bitcoin’s Security is Fine Sponsor links: Swan Bitcoin Unchained Capital New Brighton Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E187 · Tue, June 30, 2020
John Cantrell, Bitcoin developer joins me to talk about how he cracked Alistair Milne’s social media bitcoin challenge. With the first 8 words of the seed, John was able to crack a 12 word seed using a cluster of GPU’s. John is also the creator of Juggernaut, a lightning messaging app. John links: Twitter: @JohnCantrell97 Article: How I checked over 1 trillion mnemonics in 30 hours to win a bitcoin Juggernaut: getjuggernaut.com Sponsors: Swan Unchained Capital New Brighton Capital (code: LIVERA) Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E186 · Mon, June 29, 2020
Dr Joseph Salerno, Academic VP of Mises Institute joins me in this episode to talk about his views on Bitcoin, monetary velocity, how money emerges on the market and more. Joseph Salerno links: Twitter: @jtsale Mises Institute: mises.org Sponsor links: Swan Bitcoin Unchained Capital New Brighton Capital code: LIVERA Relevant prior episodes: SLP51 Dr Guido Hülsmann – Austrian Monetary Economics & Bitcoin SLP45 Jeff Deist, President of the Mises Institute SLP169 Jeff Deist – Bitcoin & Acting Locally Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E185 · Wed, June 24, 2020
Many people are confused about Bitcoin. Is it for transactional payments, or should we view it as something closer to Digital Gold or savings? Regular guest Vijay Boyapati rejoins me on the show to talk about this. We also talk: Common errors in conceiving of Bitcoin Risks with custodial and KYC Updated thoughts on prior article re: Credit Deflation CHAZ Vijay links: Twitter: @real_vijay Article: Bullish Case for Bitcoin Recent twitter thread Prior episodes: SLP2 – How Bitcoin ‘Mentally Captures’ people with Vijay Boyapati SLP17 – Bitmain, Bcash, Facebook Crypto rumours, and reframing scarcity with Vijay Boyapati SLP40 Vijay Boyapati – Why credit deflation is more likely than mass inflation SLP76 Vijay Boyapati- Bitcoin is not Paypal 2.0 Sponsors: Swan Bitcoin Unchained Capital Bitcoin Lessons Stephan Livera: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E184 · Tue, June 23, 2020
Alessandro Cecere (aka el Sultan Bitcoin), CEO of Coinspree joins me to talk about his experiences growing up in Venezuela, and his passion for spreading bitcoin. Alessandro Cecere links: Twitter: @elsultanBitcoin Coinspree: coinspree.com Relevant prior episodes: SLP143 Eduardo Gomez – Bitcoin as a source of truth in Venezuela SLP175 Matt Ahlborg – Bitcoin In the Developing World Sponsor links: Swan Bitcoin Unchained Capital Coinfloor Cyphersafe.io Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E183 · Thu, June 18, 2020
Dennis Wohlfarth of Accointing & Clinton Donnelly of Donnelly Tax Law join me to talk about Bitcoin tax treatment, and strategies to minimise tax. We chat about: Current tax treatment Capital Gains Tax Record keeping Tax strategies locally Tax strategies for those willing to go overseas International competition Links: Accointing: www.accointing.com (ref link – 10% discount) Donnelly Tax Law: Donnellytaxlaw.com Accointing Twitter: @accointing Dennis Twitter: @WohlfarthDennis Clinton Twitter: @cryptotaxfixer Sponsors: Swan Bitcoin Unchained Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E182 · Tue, June 16, 2020
Nick Neuman and Jameson Lopp, CEO and CTO of Casa join me to talk about updates at Casa, the world of multi signature, hardware wallets, personal security and personal data in the age of increasing statism. Nick and Jameson links: Nick Twitter: @Nneuman Jameson Twitter: @lopp Casa: keys.casa Prior episodes: SLP26 – Building Bitcoin services to last, with Jeremy Welch of Casa SLP43 Jameson Lopp, Cypherpunk and CTO of Casa SLP107 Jeremy Welch & Jameson Lopp – Casa Wealth Security Protocol Sponsors: Swan Bitcoin Unchained Bitcoin lessons Cypherwheel Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E181 · Fri, June 12, 2020
Preston Pysh, co founder of The Investor’s Podcast network rejoins me to talk about Bitcoin, inflation, bonds, and investing in a bitcoinised world. Preston Pysh links: Twitter: @PrestonPysh The Investor’s Podcast: Theinvestorspodcast.com Prior SLP appearance: SLP109 Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E180 · Wed, June 10, 2020
Eric eloquently spoke about Bitcoin as a macro solution on a live news broadcast from a protest near LA City Hall. I invited Eric on to discuss his views and his macro solution. We talk about his interest in Bitcoin, his RaspiBlitz node, his excitement for the lightning network, and bitcoin as a social movement. Eric links: Twitter: @iamTheCharacter Music: http://bit.ly/sospotify IG: @hiphopphilosophymovi e Clip: https://twitter.com/nlebowitz1/status/1268002667042934786 New clip: https://twitter.com/iamTheCharacter/status/1269762148135100417 Sponsors: Swan Bitcoin Unchained Capital Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E179 · Mon, June 08, 2020
Ergo of OXT Research (Samourai Wallet team) joins me to talk about his latest research into the Lazarus group, and also unwinding Bitcoin Coinjoins - whether they are through custodial tumblers, Wasabi or JoinMarket. Ergo links: Twitter: @ergoBTC OXT Research The North Korean Connection Toxic Recall Attack - Unwinding JoinMarket Case Study Prior/relevant episodes: SLP130 Ergo Tracking PlusToken Scammers with White Hat Bitcoin Chain Analysis SLP149 Waxwing Is Consumerism at Odds With Privacy in Bitcoin? JoinMarket, PayJoin, SNICKER SLP150 Samourai Wallet Make Every Bitcoin Spend a Coinjoin SLP165 Rafael Yakobi Should Coinjoin Users be flagged? SLP167 Chris Belcher - What’s the Problem with Bitcoin Surveillance? Sponsor links: Swan Bitcoin Unchained Capital Coinfloor BitcoinLessons.org Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E178 · Thu, June 04, 2020
6102 Bitcoin is a pseudonymous bitcoiner known for his contributions with various Bitcoin resources and how to sites, and infographics. He joins me for a discussion about bitcoin privacy, why he does this under a pseudonym, contributing in the Bitcoin space, Blockstream’s Liquid network and more. 6102 Bitcoin links: Twitter: @6102bitcoin Website: 6102bitcoin.com Bitcoin-intro.com Bitcoin-only.com Btcprivacy.org Bitcoin taint infographic Sven article Stop Calling for a Free Market in Money Sponsor links: Swan Bitcoin Bitcoinlessons Unchained Capital Cyphersafe.io Stephan Livera links: Show notes and website Subscribe on YouTube: @stephanlivera Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E177 · Thu, May 28, 2020
Murch joins me to talk about his work on Coin Selection, managing large wallets! We’ll talk about fees, selecting coins, the blockspace market, how you can think about optimising your wallet. Murch: Twitter: @murchandamus Bitcoin Stack Exchange: Murch Branch and Bound paper and coin selection strategies: Murch’s masters thesis Relevant episodes: SLP118 Mike Belshe, CEO BitGo Sponsors: Kraken Coinfloor.co.uk SwanBitcoin.com/livera Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E176 · Fri, May 22, 2020
Parker Lewis and Buck Perley of Unchained Capital join me on the show to talk about updates on the Caravan open source project, making multi sig accessible and easy for the masses. Previously it was single address only, and now it works as a wallet! We’ll chat: Why use Caravan What the new updates are Hardware wallet testing xPubs and multi sig Bitcoiner Ventures raise Parker Lewis & Buck Perley links: Unchained blog: Gearing up the Caravan Parker Lewis Twitter: @parkeralewis Buck Perley Twitter: @buckperley Related episode: SLP131 Parker Lewis – Bitcoin is Intuitive Sponsors: Kraken Unchained Capital SwanBitcoin.com/livera Cyphersafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E175 · Wed, May 20, 2020
Matt Ahlborg of UsefulTulips.org joins me on the show to talk about bitcoin use in South America, and Africa. Matt Ahlborg is a researcher and data scientist looking into the use of Bitcoin around the world. Matt Ahlborg links: Twitter: @MattAhlborg Website: usefultulips.org Article: Latin American Bitcoin Trading Follows the Heartbeat of Venezuela Article: Paxful is the Most Important Bitcoin Company You Aren’t Paying Attention to Related episode: SLP143 Eduardo Gomez – Bitcoin As A Source Of Truth in Venezuela Sponsors: Kraken Coinfloor.co.uk SwanBitcoin.com/livera Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E174 · Mon, May 18, 2020
Matt Ridley is a writer, biologist & Rational Optimist. He joins me to talk about his views on science, economics, innovation and how they apply to Bitcoin. Matt Ridley Links: Website: mattridley.co.uk Twitter @mattwridley Book: How Innovation Works Sponsors: Kraken Coinfloor.co.uk SwanBitcoin.com Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E173 · Sat, May 16, 2020
Bitstein aka Michael Goldstein, President of the Nakamoto Institute and co-host of Noded Bitcoin Podcast rejoins me on the show to talk about some Bitcoin literature. Bitstein links: Twitter @bitstein Nakamoto Institute website Noded Literature: The Cyphernomicon Crypto Anarchy and Virtual Communities Secure Property Titles with Owner Authority Formalizing and Securing Relationships on Public Networks Politics vs Technology Previous episodes: SLP111 Bitstein – Satoshi Nakamoto Institute Bitcoin Crash Course SLP6 – Fiat Money As ‘Fad Diet’ with Bitstein Sponsors: Kraken Cyphersafe SwanBitcoin.com Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E172 · Sun, May 10, 2020
Nicolas Dorier and Mr Kukks rejoin me on the show to talk about updates with BTCPay Server, such as P2EP (Pay to End point), which will assist bitcoin accepting merchants to PayJoin with customers, adding to the privacy on Bitcoin. Links: Nicolas Dorier: https://twitter.com/nicolasdorier MrKukks: https://twitter.com/mrkukks BTCPay blog: https://blog.btcpayserver.org/btcpay-server-1-0-4-0/ BTCPay twitter: https://twitter.com/btcpayserver BTCPay PayJoin guide: https://github.com/btcpayserver/btcpayserver-doc/blob/master/Payjoin.md BTCPay PayJoin spec: https://github.com/btcpayserver/btcpayserver-doc/blob/master/Payjoin-spec.md LaurentMT Payjoin discussion: https://gist.githubusercontent.com/LaurentMT/c38794ef6a62b2f8c76d7f694a3e7777/raw/cde5620d6ab59a8202af504e1650aef1ff907730/ Earlier appearances: Nicolas: http://stephanlivera.com/48 Kukks: http://stephanlivera.com/91 Sponsor links: Kraken Coinfloor.co.uk SwanBitcoin.com Unchained Capital Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E171 · Tue, May 05, 2020
PlanB (pseudonymous Bitcoin quant) & Saifedean (Bitcoin economist) rejoin me to talk about PlanB’s latest work on S2FX, and some of the debates being had on S2F modelling as well as addressing some of the criticism. We will also talk about Bitcoin as it goes through phase transitions, and the implications on the Bitcoin industry, and the rest of society. PlanB Links: PlanB Twitter: @100trillionUSD Article: Bitcoin Stock-to-Flow Cross Asset Model Saifedean Links: Twitter: @saifedean Website: saifedean.com Book: The Bitcoin Standard Prior episodes: SLP67 PlanB – Modelling Bitcoin’s Digital Scarcity Through Stock-To-Flow Techniques SLP86 PlanB – Frontrunning the Bitcoin Halvening? SLP122 PlanB – Responses to the S2F model SLP1 Saifedean – Bitcoin as Sound Money SLP69 Saifedean – How Governments Could Kill Bitcoin and Bitcoin Scenarios SLP147 Pierre Rochard & Saifedean Ammous – Bitcoin as Savings Technology & Number Go Up Relevant episodes: SLP154 Nick @Btconometrics – Quantitative Bitcoin Analysis & S2F Cointegration Strengthens Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: <
S1 E170 · Mon, May 04, 2020
Yuri de Gaia, Partner at L2B Global (Reserve Bitcoin OTC, Liquiditi, Moontower) joins me to talk about Bitcoin’s two economies: the regulated compliant world, and the defiant crypto-anarchist world. How they will grow Do they support each other Citadels, Monarchy, and Anarcho-capitalism OTC Trading Liquid Moontower Yuri Links: Twitter: https://twitter.com/Y_deGaia Personal blog: https://degaia.co/ L2B Global (company) https://l2b.global Bitcoin Reserve (HNWI brokerage) https://bitcoinreserve.com The Bitcoin Reserve Journal (blog) https://journal.bitcoinreserve.com Moontower (retail) https://moontower.co/ Liquiditi.io (Liquid asset swap tool) https://liquiditi.io/ Article: https://degaia.co/bitcoins-two-economies/ Other relevant episodes: SLP141 American HODL SLP161 Titus Gebel - Bitcoin Citadels as Free Private Cities Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Subscribe on YouTube Follow me on twitter @stephanlivera Subscribe to the podcast <a href="https://www.patreon.com/StephanLivera" rel="noreferrer noopen
S1 E169 · Mon, April 27, 2020
Jeff Deist, President of the Mises Institute rejoins me to talk about Bitcoin, Central Banking, Corona virus, libertarianism and acting locally: Mises Institute and Bitcoin Hypocritical fund managers UBI and MMT becoming popular Smaller is better Better, not perfect Jeff Deist links: Twitter: @jeffdeist Mises: www.mises.org Human Action Podcast: HA Podcast Prior appearance: SLP45 Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E168 · Fri, April 24, 2020
Lisa Neigut of Blockstream joins me to talk about Lightning Network Channels, c-lightning, and Dual Funded Channels. We discuss: How she got into Lightning development How Lightning Channels work How they could be accounted for in c-lightning Dual Funding of Channels PoDLE Hardware wallet funding of lightning channels Lisa Neigut links: Twitter: @niftynei C-lightning thread: https://twitter.com/clightningcomit/status/1212810910731063297 C-lightning github: https://github.com/ElementsProject/lightning Twitch: https://www.twitch.tv/niftynei/ Related episodes: SLP134 Rusty Russell - Lightning Multi Part Payments SLP59 Christian Decker - Lightning Channel Factories Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E167 · Tue, April 21, 2020
Chris Belcher rejoins me on the show to talk about Bitcoin Surveillance companies, and what risks they present to Bitcoin. We also talk about JoinMarket fidelity bonds. Chain surveillance techniques Downsides for Bitcoin What to do about it “Just Use Monero” is insufficient PayJoin & P2EP Fidelity Bonds - how they work Benefits and costs Chris Belcher Links: Joinmarket donation page: https://bitcoinprivacy.me/joinmarket-donations Fidelity bond doc: https://gist.github.com/chris-belcher/18ea0e6acdb885a2bfbdee43dcd6b5af Financial mathematics of fidelity bonds: https://gist.github.com/chris-belcher/87ebbcbb639686057a389acb9ab3e25b Twitter: @chris_belcher_ Reddit: /u/belcher_ Email: belcher@riseup.net Github: github.com/chris-belcher/ P2P trading exchanges list: https://github.com/cointastical/P2P-Trading-Exchanges/ Other relevant episodes: SLP165 Rafael Yakobi Should CoinJoin users be flagged? Is Privacy Illegal? SLP149 WAXWING – Is Consumerism At Odds With Privacy in Bitcoin? JoinMarket, PayJoin, Snicker SLP58 Chris Belcher – Defending Bitcoin Privacy SLP150 Samorai Wallet - Make Every Bitcoin Spend a CoinJoin Sponsor links: Kraken Unchained Capital <a href="http://swanbitcoin.com/" rel="noreferrer noopener" targ
S1 E166 · Wed, April 15, 2020
Max Keidun, CEO of Hodl Hodl rejoins me on the show to talk about some exciting updates with Hodl Hodl: UX/UI update to Hodl Hodl website interface How the platform protects against scammers Local Trader feature in BlueWallet Stacking Bitcoins p2p, No KYC, directly into your Coldcard Baltic Honeybadger 2020 Update Max Keidun & Hodl Hodl links: Twitter: https://twitter.com/keidunm Website: https://hodlhodl.com/ (Code:LIVERA) Hodl Hodl twitter: https://twitter.com/hodlhodl Previous episode: SLP56 Max Keidun and Roman Snitko Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E165 · Sat, April 11, 2020
Rafael Yakobi, Managing Attorney at The Crypto Lawyers joins me to talk about privacy in Bitcoin and the law. We talk about: Financial surveillance laws Obligations on bitcoin companies How it works in practice Blockchain surveillance companies Links: Twitter: @CACryptoLawyer The Crypto Lawyers: www.thecryptolawyers.com Bitcoin Magazine article: https://bitcoinmagazine.com/articles/bitcoin-fungibility-mixing-and-the-legal-limits-on-maintaining-privacy Other links: Bitcoin wiki transaction surveillance company by Chris Belcher 6102 Bitcoin coinjoin infographics: 1. https://6102bitcoin.com/001_what_is_bitcoin_taint/ 2. https://6102bitcoin.com/002_are_chain_analysis_heuristics_reliable/ 3. https://6102bitcoin.com/003_blacklisting_distance_proximity/ Other relevant interviews: SLP160 BTCxZelko - Protect your Bitcoin Privacy with Ronin Dojo SLP150 Samourai Wallet SLP149 Waxwing (JoinMarket, PayJoin, SNICKER) Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E164 · Tue, April 07, 2020
Gleb Naumenko of Chaincode Labs joins me in this episode to talk about erlay. We talk about: How he got into bitcoin development Transaction relay in Bitcoin Attacks at the network level Erlay Costs and Benefits Bitcoin and lightning development more broadly Gleb Naumenko: Twitter: @tomatodread Github account: https://github.com/naumenkogs BIP330: https://github.com/bitcoin/bips/blob/master/bip-0330.mediawiki Erlay Paper: https://arxiv.org/pdf/1905.10518.pdf Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E163 · Fri, April 03, 2020
Cory Klippsten, CEO and Co-founder of Swan Bitcoin, GP of Bitcoiner Ventures joins me on the show to talk about: Taleb’s thought and applying it to Bitcoin The Intransigent Minority Swan Bitcoin Cheapest Auto DCA in the US Bitcoiner Ventures and what it’s about, and how to get involved Cory Klippsten links: Twitter: @coryklippsten Swan Bitcoin: SwanBitcoin.com Bitcoiner Ventures AngelList Syndicate: https://angel.co/i/v7pGo Bitcoiner Ventures: BitcoinerVentures.com Article: Ten Million Bitcoiners: The Intransigent Minority Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E162 · Wed, April 01, 2020
Matt D’Souza CEO of Blockware Solutions joins me to talk about his team’s recent research piece on Bitcoin Halving and analysis from a mining perspective. In this conversation, we chat: Market participant profiles Miner electricity distribution Shut off and breakeven cost Mining Rigs Scenario Analysis Why some miners operate at a loss Difficulty adjustment dynamics Why Efficient miners welcome the halving Matt D’Souza links: Twitter: @mjdsouza2 Research: 2020 Halving Analysis Blockware: blockwaresolutions.com Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E161 · Fri, March 27, 2020
Titus Gebel joins me to talk about Free Private Cities and how they relate to Bitcoin Citadels, a way for Bitcoin people to peacefully set up Bitcoin friendly cities. We talk: The problem with democracy and standard political activism Legal system Fee for service Benefits of lower cost and more certainty Dealing with poverty and pandemics How to get there Titus links: Twitter: @titusgebel Free Private Cities website: freeprivatecities.com Free Private Cities book: https://www.freeprivatecities.com/en/book/ Free Private Cities twitter: @fpcitiesinc Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E160 · Wed, March 25, 2020
BTCxZelko, Samourai Wallet community member co-founded the Ronin Dojo project, an easy to use Raspberry Pi / Odroid install script and UI to run your own Samourai Wallet Dojo. It’s an easy, cost effective way to run your own node backing your Samourai Wallet, which enables you to use Bitcoin over Tor, with coinjoining and best in class privacy features. Zelko and I talk: How he learned command line How he got into Bitcoin privacy techniques Recommended hardware for Ronin Dojo How to install it for yourself Zelko links: Twitter: @BTCxZelko Ronin Dojo Wiki: Ronin Dojo Wiki Ronin Dojo Telegram: Ronin Dojo TG Chat group Relevant prior episodes: SLP150 Samourai Wallet SLP138 Matt Odell SLP130 Ergo SLP117 Pura Vida SLP78 Samourai Wallet SLP29 Samourai Wallet Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E159 · Fri, March 20, 2020
Phil Bonello joins me to talk about the book, The Sovereign Individual, and how it relates to a Bitcoin investment thesis. We talk: The Sovereign Individual book Black Magic of Compound Interest and Jurisdiction shopping What the book got wrong Investment theses around the book relating to: Media Education Remote Work Bitcoin businesses Censorship and Privacy Phil Bonello links: Twitter: https://twitter.com/PhilJBonello Sovereign Individual Investment thesis: https://philjbonello.substack.com/p/the-sovereign-individual-investment Sponsor links: Kraken Unchained Capital SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E158 · Wed, March 18, 2020
John Lee Quigley of MinerUpdate and Adaptive Analysis joins me in this episode to talk about the impacts of bitcoin price drop on Bitcoin mining. We talk about: What the key costs are for miners Who are the key players in bitcoin mining Miner trends Geographic dispersion Vertical integration Energy use John Lee Quigley Links: Twitter: @JohnLeeQuigley MinerUpdate: https://www.minerupdate.com/ Adaptive Analysis: https://adaptiveanalysis.io/ Sample: MinerMovements #7 - Matthew Mining Effect Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E157 · Fri, March 13, 2020
Andy Edstrom, CFA CFP and author of “Why Buy Bitcoin” joins me to talk about: Learning about austrian economics after getting into Bitcoin Investor mindset Fiat Money Debt Problem and Bad Options for how we get out of it Why Buy Bitcoin book Andy Links: Twitter: https://twitter.com/edstromandrew Website: www.andyedstrom.com Book: https://www.amazon.com/gp/product/B07XG2J3S9 Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E156 · Tue, March 10, 2020
Carlos Roldan, CEO & Co founder of Satoshi’s Games, joins me to talk about why he’s excited about Lightning powered gaming. We talk: Why he got into Lightning Bitcoin enabled gaming Making it multi platform and beautiful Lessons learned with Satoshi’s Place Schedule going forward with Lightnite Where you can get Lightnite Carlos Links: Lightnite: https://lightnite.io/ref=slp Twitter: @whiteyhat Satoshi’s Games: https://satoshis.games/ Satoshi’s Games Twitter: @SatoshisGames Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E155 · Fri, March 06, 2020
Clark Moody, Bitcoin OG and entrepreneur joins me to talk about his dashboard, which is a fantastic resource for learning about bitcoin and monitoring bitcoin statistics. This is a great episode to learn about useful concepts in Bitcoin and Lightning. We talk about: Clark’s history in bitcoin Why he started the dashboard Blockchain stats Node stats Mining economics S2F Output types Future directions Clark Moody links: Twitter: @clarkmoody Dashboard: https://bitcoin.clarkmoody.com/dashboard/ Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E154 · Tue, March 03, 2020
Nick joins me to talk about how he tried to disprove PlanB’s Stock to flow model, but ended up finding out that it holds up. We also talk about cointegration, what that means, and some of Nick’s statistical work. We talk about: Professional background Background to S2F Cointegration and what it means Engle-Granger test Mean Reversion indicator Shitcoins riding Bitcoin’s coat tails Nick links: Twitter: @Btconometrics Website: https://btconometrics.com/ Article: https://medium.com/swlh/falsifying-stock-to-flow-as-a-model-of-bitcoin-value-b2d9e61f68af Related episodes: SLP67 SLP86 SLP122 Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E153 · Fri, February 28, 2020
Philipp Bagus, Professor Department of Applied Economics, Universidad Rey Juan Carlos - joins me to talk about why deflation is not what you typically hear in the mainstream financial press. In this conversation we talk about: The real causes of deflation Why deflation is not necessarily what causes recessions Distinctions between growth deflation, and bank credit deflation Contrasting life under a fiat money standard with a hard money standard Real world examples Philipp Bagus links: Website: http://philippbagus.com/ Twitter: @PhilippBagus Book: In Defense of Deflation Mises Profile: Philipp Bagus Other episodes you may like: SLP51 Guido Hulsmann SLP45 Jeff Deist Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E152 · Tue, February 25, 2020
NVK (Coinkite) joins me to talk about a new project, CK-BUNKER, a DIY co-signer. We talk about what this is, how it could be used by bitcoin businesses or service providers. Separately, we also talk about backing up your bitcoins and making sure they’re safe for the years to come. We talk: CK-BUNKER How to use it Coldcard and secure elements Opendime Bitcoin Backups Stablecoins NVK links: Twitter: @nvk CK-BUNKER: https://ckbunker.com/ Coinkite: https://coinkite.com/ (use code: LIVERA for discount) TG: https://t.me/coldcard NVK prior appearances: SLP62 SLP101 Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E151 · Fri, February 21, 2020
Obi Nwosu, CEO and Co-founder of Coinfloor joins me in this episode to talk about his approach to the space. We talk about: Going Bitcoin Only and when an exchange should delist cryptocurrencies Proof of Reserves & Proof of Solvency Educating users of the exchange about Bitcoin Supporting grass roots bitcoin meet ups, conferences, organisations Advancing Bitcoin Obi links: Twitter: @obi Coinfloor: https://coinfloor.co.uk/hodl/ Coinfloor Bitcoin Audits: https://coinfloor.co.uk/hodl/proof/ Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E150 · Tue, February 18, 2020
The co-founder of Samourai Wallet, rejoins me in this episode to talk about the current state of bitcoin privacy techniques, and some exciting updates coming soon to Samourai Wallet. We talk: Creeping KYC and has bitcoin social culture regressed? Does taint exist? Coin selection algorithms. STONEWALL, and Solomon Stowaway / PayJoin Wallet fingerprinting and whether it’s an issue Mobile mixing Dojo and Ronin Dojo Thoughts on Lightning and Liquid Samourai Wallet links: Website: Samouraiwallet.com Twitter: @SamouraiWallet SW Telegram: https://t.me/SamouraiWallet SW Whirlpool Trollbox Telegram: https://t.me/whirlpool_trollbox SW Dojo room: https://t.me/samourai_dojo Ronin Dojo: https://t.me/RoninDojoUI Relevant Prior interviews: SLP29 with SW SLP78 with SW SLP117 with Pura Vida SLP130 with Ergo SLP138 with Matt Odell Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E149 · Sat, February 15, 2020
Adam Gibson (aka Waxwing), Bitcoin privacy advocate, and contributor to JoinMarket joins me to discuss his thoughts on the state of privacy in Bitcoin. We talk about: Why consumerism mentality may stop people from using privacy techniques Why blockchain analysis companies are probably over rated Schnorr Taproot and cross input signature aggregation CoinJoinXT SNICKER JoinMarket PayJoin Adam Gibson links: Mastodon: @waxwing Twitter: @waxwing__ Github: AdamISZ Blog: JoinMarket.me/blog JoinMarket: JoinMarket.me Github: https://github.com/JoinMarket-Org/joinmarket-clientserver IRC: #joinmarket on freenode Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E148 · Mon, February 10, 2020
Petek (@RadarRayne) joins me to talk about coming into Bitcoin as an artist, and creating Bitcoin art. We also chat about her experience working with PlanB on stock to flow inspired art pieces, her thoughts on women in bitcoin, and how some ideas were just ripe for being created! Petek Links: Twitter: @RadarRayne Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E147 · Fri, February 07, 2020
Pierre Rochard (Kraken, Noded Podcast, Nakamoto Institute) and Saifedean Ammous (Bitcoin economist and author of The Bitcoin Standard) join me to talk about Bitcoin as Savings Technology and Number Go Up technology. This point is often misunderstood, so listen in for discussion on: Cash balance Savings technology Number Go Up Stock to flow Lightning and Bitcoin developments Pierre Rochard Links: Twitter: @pierre_rochard Kraken Careers: Kraken Careers Kraken: Kraken.com Nakamoto Institute: Nakamotoinstitute.org Noded Podcast: Noded.org Saifedean Ammous Links: Twitter: @saifedean Site: https://saifedean.com/ Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E146 · Mon, February 03, 2020
Will Cole, CPO of Unchained Capital joins me to talk about: Learning about bitcoin and austrian economics Bitcoin meet ups and the shifts over time Getting ready for a bull run Bitcoin and allodial title Wyoming Blockchain taskforce Unchained Capital vaults and loans Bitcoin as collateral Will Cole links: Twitter: @Willcole Unchained Capital: Unchained-capital.com Unchained Capital twitter: @unchainedcap Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E145 · Fri, January 31, 2020
Rahim Taghizadegan, Austrian economist and author, joins me in this episode to talk about the problems with central banking, and social consequences of fiat money. If you enjoyed earlier episodes on Austrian economics, you’ll really enjoy this one! We talk: Why central banking is a problem What governments are enabled to do Capital structure of production Social consequences of fiat money How to escape the Zero Interest Rate Trap Rahim Links: Twitter : @scholarium_at Book : https://www.incrementum.li/en/book-the-zero-interest-rate-trap/ Website : scholarium.at Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin / SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E144 · Sun, January 26, 2020
Steve Lee joins me in the first official Square Crypto podcast appearance! We talk about how he got into Bitcoin, and Square Crypto’s focus on supporting Bitcoin and Lightning open source development. We talk about: The Square Crypto team and their focus Lightning Development Kit BTCPayServer Zman Supporting bitcoin development UI and UX issues with bitcoin today Links: Steve Lee Twitter: @moneyball Square Crypto: @sqcrypto Square Crypto blog post Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin / SwanBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E143 · Tue, January 21, 2020
Eduardo Gomez, head of customer support at Purse.io joins me to talk about some interesting developments in Venezuela and bitcoin being used to transfer value across borders. We talk about: Eduardo’s background Bitcoin as source of truth Petro Stablecoins What’s needed in terms of tooling and education Bitcoin in Argentina Eduardo links: Twitter: @codiox Purse: purse.io Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E142 · Sat, January 18, 2020
Pierre-Marie Padiou is CEO and co-founder of ACINQ, building on Bitcoin’s Lightning Network. We talk about how ACINQ got founded and their very impressive new Lightning wallet, Phoenix. Phoenix represents a step forward in non-custodial Lightning wallet user experience and we talk about the tradeoffs that go into making this a reality. This episode is a must listen so you know how to best demonstrate Lightning for Bitcoin Lightning newbies or family/friends. ACINQ links: Twitter: @acinq_co ACINQ Website: https://acinq.co/ Phoenix Website: https://phoenix.acinq.co/ Github: https://github.com/ACINQ/ Telegram: https://t.me/phoenix_wallet Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
S1 E141 · Tue, January 14, 2020
American HODL of Bitcoin Twitter joins me to tell us his stories of Bitcoin HODLing, how he built up his conviction in Bitcoin HODLing, and where we’re going with this: Modern society and the impact of fiat money HODLer stories Spend and replace vs HODL Bitcoin Baby steps Bitcoin Citadels - will they be real? Links: Twitter: @american_hodl Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E140 · Fri, January 10, 2020
Gigi, Bitcoin author and curator of bitcoin-resources.com joins me to talk about some of his recent articles and the recent launch of his 21 Lessons book. We talk about: The gravitational pull of bitcoin Key resources from bitcoin-resources.com 21 Lessons learned along the way Gigi links: Twitter: @dergigi 21 Lessons: 21lessons.com 21 Lessons - Amazon book: Amazon Bitcoin-Resources: Bitcoin-resources.com Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E139 · Mon, January 06, 2020
Andreas M. Antonopoulos, world renowned bitcoin speaker & author rejoins me on the show today to talk about some of his latest projects and efforts in Bitcoin. We talk about: Mastering Lightning - new book coming Process on learning Lightning Network Challenges in LN today Using BTCPayServer to be a merchant Using RTL myNode Andreas links: Twittter: @aantonop Website: aantonop.com YouTube: https://www.youtube.com/aantonop Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E138 · Wed, January 01, 2020
Matt Odell, co-host of TFTC/RHR joins me in this episode to talk about coinjoin techniques and bitcoin privacy. We discuss: What sparked off the recent discussion on coinjoin Binance SG flagging a customer for using coinjoin What’s at stake Is there a tension between ‘white market KYC compliant’ bitcoin and ‘grey market agorism’ bitcoin? Action steps to take Matt Odell links: Twitter: @matt_odell TFTC/RHR: TFTC.io Ronin Dojo: Ronin Dojo Github Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E137 · Fri, December 27, 2019
AJ Towns, bitcoin core contributor @ Xapo joins me to talk about his recent work advancing the Schnorr, Taproot, and Tapscript BIPs. We talk about: What are Schnorr signatures? What is MuSig? What is Taproot, and what is Tapscript? Script changes Schnorr Review Club Benefits for Bitcoin and Lightning Upgrade path Activation AJ Towns links: Twitter: @ajtowns Github: @ajtowns Schnorr Taproot Review club and resources link: Taproot Review Github Schnorr BIP Taproot BIP Tapscript BIP Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E136 · Mon, December 23, 2019
Alex Leishman, organizer of SF Bitcoin Devs and CEO of River, joins me in this episode to talk about his journey in Bitcoin and Austrian Economics, as well as talk about how to moderate and run a successful Bitcoin Socratic Seminar meet up. Listen in and get some tips on how you can run or participate in Bitcoin meet ups in your city! We talk: Ground rules What discussion takes place at a Bitcoin Socratic Seminar How the rest of the world can copy this model River FInancial Alex Leishman links: Twitter: @Leishman SF Bitcoin Devs: SF Bitcoin Devs River Financial: River Financial Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E135 · Fri, December 20, 2019
Suheb, co-founder of RTL joins me in this episode to talk about tips on managing your Lightning Node with RTL. We talk: How Suheb got into Lightning His experience with the Lightning Torch Different personas for RTL - Node Operator, Merchant Channel Management Interface What’s coming next with RTL Suheb and RTL links: Twitter: @Suheb__ RTL: @RTL_app RTL Github: RTL Github Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E134 · Mon, December 16, 2019
Rusty Russell from Blockstream rejoins me in this episode to talk about a very exciting development in Bitcoin’s Lightning Network: Multi Part Payments. This is a new feature that will be implemented into the Lightning Network specification, and will be included in the new c-lightning 0.8.0 release. We talk about: Development work ongoing Multi Part Payments and how they change Lightning Network Payment Secrets Privacy on Lightning Network Outlook for Lightning Network in 2020 Rusty Russell links Twitter: @Rusty_twit BOLT specs: Lightning network specification C-lightning: ElementsProject/lightning Blockstream website: Blockstream.com Prior episodes with Rusty: SLP23 - Economic Eras of Bitcoin, and Lightning Development, with Rusty Russell of Blockstream SLP98 Rusty Russell and Joe Netti – Can Lightning Network Scale to a Million Channels? Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E133 · Fri, December 13, 2019
Trace Mayer, world renowned Bitcoin investor, writer and speaker rejoins me on the podcast to talk about Proof of Keys, an annual event for Bitcoiners to withdraw bitcoins from any third parties to keys they hold. In this episode we talk about: Proof of Keys Tools and best practices The battle for scarcity, and the battle for privacy Mises’ book, Bureaucracy Trace Mayer links: Twitter: @TraceMayer Proof of Keys: ProofOfKeys.com Bitcoin Knowledge Podcast: Bitcoin.kn Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E132 · Wed, December 11, 2019
Christian joins me in this episode to talk about his experiences building on lightning network, and his venture along Andre Neves and Simon Cowell with Zebedee, lightning powered games. We talk: How Chris got into Bitcoin app development Does Lightning belong in games? Zebedee approach to lightning game development Thoughts on Lightning Network more generally, and LNURL Links: Christian Moss Twitter: @MandelDuck Zebedee website: Zebedee.io Zebedee Article: Does Bitcoin in Gaming Make Sense? Sponsor links: Kraken Unchained Capital 21x.io GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E131 · Mon, December 09, 2019
Parker Lewis, Head of Business Development at Unchained Capital joins me in this episode to talk about a range of things: How he went from global macro hedge fund to bitcoiner What the Fed gets wrong A Hayekian appreciation for bitcoin His blog series, Gradually, Then Suddenly Bitcoin becoming intuitive Unchained Capital Caravan - open source & free multi sig Links: Parker Lewis Twitter @Parkeralewis Unchained Capital Website Unchained Capital Twitter Unchained Capital Youtube Caravan Demo Other relevant episodes: SLP113 Dhruv Bansal SLP97 Michael Flaxman Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E130 · Wed, December 04, 2019
ErgoBTC, a pseudonymous bitcoin ‘white hat’ privacy analyst joins me in this episode to talk about his journey tracking PlusToken scammers in their attempts to mix and dump 200k BTC. This is a must listen episode for bitcoiners to understand how your privacy can be impinged, and we also talk about tools and techniques for assessing and defending your own bitcoin privacy. We talk: How he got into bitcoin privacy analysis PlusToken scammers - what is the scale of it, and what did they do wrong In depth discussion on bitcoin mixers and bitcoin privacy Key takeaways for listeners, mixing products, exchanges on privacy Future of chain analysis ErgoBTC Links: ErgoBTC Twitter: @ErgoBTC Tracking the PlusToken Whale article: https://medium.com/@ErgoBTC/tracking-the-plustoken-whale-attempted-bitcoin-laundering-and-its-impact-on-wasabi-wallet-787c0d240192 Sponsor links: Kraken Unchained Capital 21x.io GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E129 · Mon, December 02, 2019
Pascal Gauthier, CEO of Ledger joins me in this episode to talk about Ledger Hardware Wallet devices. We talk: Pascal’s background in bitcoin Ledger device overview Privacy while using Ledger Multi signature Bitcoin-only devices? Future directions with Ledger devices Pascal and Ledger links: Twitter: https://twitter.com/ledger Website: https://www.ledger.com Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E128 · Wed, November 27, 2019
Jan Čapek, co-CEO of Braiins and working at Slush Pool joins me to talk about this an upgrade to a Bitcoin Mining protocol, Stratum. Stratum V2 is the next generation protocol for pooled mining. It focuses on making data transfers more efficient, reducing physical infrastructure requirements for mining operations, and increasing security. In this conversation we get into some detail about: How Jan got into Bitcoin and Bitcoin Mining How the original Stratum protocol came about What is new about Stratum v2 Benefits of Stratum v2 Relation with BetterHash Bitcoin Pools generally Jan Čapek and Stratum Protocol Links: Stratumprotocol.org Braiins-OS.org Slushpool.com Twitter: @JanBraiins Sponsor links: Kraken Unchained Capital 21X.io (Previously Bitcoin Outlet) use code: LIVERA for 21% off GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E127 · Mon, November 25, 2019
Ben Perrin, host of BTCSessions YouTube channel joins me to talk about his experiences educating new Bitcoiners. Listen to this episode to get some tips on how you can spread bitcoin knowledge in a thoughtful way. We talk: How Ben got into Bitcoin and doing a YouTube channel Taking insights from his prior career as a teacher Helping beginners avoid common errors Bitcoin tools and wallets Running a bitcoin node and comparing node products Update from Bull Bitcoin and 21x Ben Perrin links: Twitter: @BTCSessions YouTube: BTCSessions Bull Bitcoin: BullBitcoin.com Bitcoin merchandise: 21x.io Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E126 · Tue, November 19, 2019
Ben Askren, a recently retired pro Mixed Martial Artist and former Olympic Wrestler joins me to talk about how he got into Bitcoin and is now spreading the word about Bitcoin to his following! We talk: How he got into Bitcoin Common misconceptions Why we run full nodes in Bitcoin What’s next for him with Bitcoin Ben Askren Links: Ben Askren Twitter Funky Crypto Podcast Sponsor links: Kraken Unchained Capital Bitcoin Outlet use code: LIVERA for 21% off GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E125 · Sat, November 16, 2019
Thomas Voegtlin, Founder of Electrum Wallet joins me to talk about how and why he started Electrum Wallet, one of the longest standing Bitcoin wallets (2011). In this interview we discuss a range of topics around the Electrum Server model, Partially Signed Bitcoin Transactions, Bitcoin seed formats (BIP39), Multi signature, Hardware wallets and the recent announcement of Lightning in Electrum. Links: Electrum website Electrum Twitter @ElectrumWallet Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E124 · Tue, November 12, 2019
Jon Atack joins me to talk about his experience with open source software development, and to talk about the process of Bitcoin Core development and code review. We talk: Becoming a Bitcoin Core contributor How to best contribute Communication channels for development Priorities in Bitcoin development Funding for development Jon Atack Links: Twitter: @jonatack ( https://twitter.com/jonatack ) Github: @jonatack ( https://github.com/jonatack ) Bitcoin Core PR Review Club: https://bitcoincore.reviews and https://twitter.com/BitcoinCorePRs How to Review Bitcoin Core PRs: https://github.com/jonatack/bitcoin-development/blob/master/how-to-review-bitcoin-core-prs.md How to Make Bitcoin Core PRs: https://github.com/jonatack/bitcoin-development/blob/master/how-to-make-bitcoin-core-prs.md Bitcoin Core Peer Review process: https://github.com/bitcoin/bitcoin/blob/master/CONTRIBUTING.md#peer-review “On Consensus” by the Internet Engineering Task Force (IETF): https://tools.ietf.org/html/rfc7282 Sponsor links: Kraken Unchained Capital GiveBitcoin Bitcoin Outlet use code: LIVERA for 21% off Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E123 · Fri, November 08, 2019
Allen Piscitello, VP Product of Blockstream joins me to talk about Blockstream Liquid as a new model for inter exchange settlement, and the possibility of building out new financial infrastructure in a way different from the legacy financial system. We talk: Tradeoffs and differences between approaches of Lightning, Statechains, and Liquid How pegging Bitcoin in and out of Liquid works Features that Liquid’s blockchain has e.g. Confidential Transactions and Confidential Assets How Liquid can enable much faster inter exchange settlement with different tradeoffs How to get started developing on it What the future of bitcoin market structure could look like with Liquid adoption Allen and Blockstream Links: Blockstream twitter Blockstream website Sponsor links: Kraken Unchained Capital CypherWheel by CypherSafe GiveBitcoin Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E122 · Mon, November 04, 2019
PlanB (Pseudonymous Bitcoin Quant) rejoins me in this episode to talk about the response to his seminal work, Modeling Bitcoin’s Value with Scarcity. There have been some responses to his Stock to Flow (S2F) modelling work, so we talk: The response to his articles and translations What cointegration is and why it matters Responses to PlanB’s modelling work Cash and carry trade Where to from here PlanB Links: Twitter: @100trillionUSD Medium Article: Modeling Bitcoin’s Value with Scarcity PlanB’s first interview: SLP67 PlanB’s second interview: SLP86 Phraudsta / Nick’s article: Falsifying Stock to flow as a model of Bitcoin value Hcburger1’s article: Bitcoin’s natural long term power law corridor of growth Sponsor links: Kraken Unchained Capital GiveBitcoin Bitcoin Outlet use code: LIVERA for 21% off Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E121 · Thu, October 31, 2019
Yan Pritzker, Bitcoin Author and previously CTO of Reverb joins me in this episode to talk about Bitcoin Mining, his book Inventing Bitcoin and give Bitcoin beginners an intro to Bitcoin Mining. We talk about: Whether a beginner should do Bitcoin Mining or use cloud mining How bitcoin mining works How the network stops cheaters Bitcoin mining attacks Common errors in thinking about Bitcoin Yan Pritzker Links: Yan Pritzker Twitter @skwp Inventing Bitcoin website Sponsor links: Kraken Unchained Capital CypherWheel Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E120 · Mon, October 28, 2019
Jack Mallers of Zap joins me to talk about the recent exploration of Lightning Network and Identity, as well as talking about his new service, Olympus, and Zap wallet development. This interview was recorded one day before the Lightning Conference in Berlin, Germany October 2019. Topics: Use of Lightning Node pub key as identity Complications with above The exposure that any Lightning business has to chain fees Future directions in Zap wallet development Jack Mallers; Twitter: @JackMallers Zap Website Sponsor links: Kraken Unchained Capital Bitcoin Outlet use code: LIVERA for 21% off Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E119 · Thu, October 24, 2019
Alex Bosworth, Lightning Infrastructure Lead at Lightning Labs joins me to talk about what he’s working on: Submarine swaps, Lightning Loop and Hyperloop. We chat about the possibilities being enabled for Bitcoin’s Lightning Network. We talk: Submarine swaps and Loop Practical applications for Merchants, Exchanges, Users Routing on the lightning network Fees on the Lightning Network What people should be doing with Lightning Network Alex Bosworth Links: Alex Bosworth Twitter Lightning Labs Website LND Developer slack Sponsor links: Kraken Unchained Capital CypherWheel Stephan Livera links: Show notes and website Follow me on twitter @stephanlivera Subscribe to the podcast
S1 E118 · Fri, October 18, 2019
Mike Belshe, CEO of BitGo joins me to talk about his journey with Bitcoin and the challenges BitGo faces in being the world’s largest Bitcoin custodian. We talk about: Coming into Bitcoin How secure storage evolved in Bitcoin over time Technological and Procedural techniques used today to enhance security Insurance Contentious forks The risk of government Future of Bitcoin Custody Mike Belshe links: Twitter: https://twitter.com/mikebelshe BitGo: https://www.bitgo.com SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Bitcoin Outlet: https://bitcoinoutlet.com/ use code: LIVERA for 21% off GiveBitcoin: https://givebitcoin.io/?grsf=d3nqrm Stephan Livera links: Show notes and website: https://stephanlivera.com/ Follow me on twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://plinkhq.com/i/1415720320
S1 E117 · Sun, October 13, 2019
Pura Vida of the Lightning Hood team joins me to share his perspectives and journey in learning about bitcoin privacy and putting it into practice with tools such as Samourai Wallet and Nodl. We talk about: His journey of learning Bitcoin Privacy How to manage your Bitcoin UTXO set Coinjoining Why Post Mix is underrated Other privacy tips Pura Vida links: Twitter: https://twitter.com/Pura_Vlda Twitter: https://twitter.com/lightning_hood Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate CypherSafe: https://cyphersafe.io/product/cypherwheel/ GiveBitcoin: https://givebitcoin.io/?grsf=d3nqrm Stephan Livera links: Show notes and website: https://stephanlivera.com/ Follow me on twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://plinkhq.com/i/1415720320
S1 E116 · Fri, October 11, 2019
Taylor joins me to talk about his project myNode which may be one of the easiest, cheapest and feature rich methods to run your own full node and connect to your own hardware wallet. We talk through the process, and some of the challenges that newbies face today, in setting up their own bitcoin full node. Taylor Helsper myNode Links: Twitter: https://twitter.com/mynodebtc myNode website: http://mynodebtc.com/ myNode telegram: https://t.me/mynode_btc Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Bitcoin Outlet: https://bitcoinoutlet.com/ use code: LIVERA for 21% off Stephan Livera links: Show notes and website: https://stephanlivera.com/ Follow me on twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://plinkhq.com/i/1415720320
S1 E115 · Wed, October 09, 2019
Trace Mayer, renowned Bitcoin investor, writer and speaker joins me in this episode to talk about a range of topics on jurisdictional competition in relation to Bitcoin, how best to learn, shifting perceptions on Bitcoin, whether there are any threats to Bitcoin, and this concept of Bitcoin as the ultimate collateral. Trace Mayer links: Twitter: https://twitter.com/TraceMayer Bitcoin Knowledge Podcast: https://www.bitcoin.kn/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Show notes and website: https://stephanlivera.com/ Follow me on twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://plinkhq.com/i/1415720320
S1 E114 · Mon, October 07, 2019
Gene Epstein, Director of the Soho forum joins me to talk about his experiences in moderating debates in Bitcoin and Austrian Economics. We talk about some of the key points that Bitcoiners should consider from Ludwig von Mises and Murray Rothbard, and we also talk about the debate between Erik Voorhees and Peter Schiff, and the debate between George Selgin and Saifedean Ammous. Links: SoHo Forum: https://www.thesohoforum.org/ Gene Epstein twitter: https://twitter.com/GeneSohoForum Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Ministry of Nodes Self Sovereignty Webinar: Webinar sign up: https://www.ministryofnodes.com.au/product/self-sovereignty-webinar-2-3-november-2019/ Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320
S1 E113 · Fri, October 04, 2019
Dhruv Bansal, Co-Founder and CSO of Unchained Capital rejoins me in this episode to talk about some bitcoin open source contributions Unchained Capital are making, as well as Unchained Capital products and services. Learn more about multi signature, Shamir’s secret sharing, and how Unchained are applying Bitcoin to financial services. We talk: Multisig Vaults Open sourced multisig software Hermit - Shamir’s Secret Sharing Links: Dhruv Bansal: https://twitter.com/dhruvbansal Unchained Capital: https://www.unchained-capital.com/ Hermit blog post: https://www.unchained-capital.com/blog/a-hermit-emerges/ Unchained Capital Github: https://github.com/unchained-capital SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320 Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E112 · Tue, October 01, 2019
Wiz and m52go join me in this episode to talk about Bisq, a decentralised open source project that serves to enable zero KYC decentralised Bitcoin exchange around the world. We talk: How Bisq is decentralised Structure of Bisq How Bisq is developed Localising it for Japan and how this can be done for other countries BSQ token Links: Bisq Network: https://bisq.network , https://github.com/bisq-network/bisq , https://twitter.com/bisq_network , https://bisq.network/slack-invite Off-chain trade protocol (Bisq v2): https://www.youtube.com/watch?v=YnTA3p-5v00 Wiz: https://twitter.com/wiz m52go: https://twitter.com/m52go Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320 Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E111 · Sun, September 29, 2019
My friend Bitstein aka Michael Goldstein rejoins me in this episode to talk about why he founded the Nakamoto Institute. We also talk through some of the highlights from the SNI Crash Course, which is a must read series of articles to improve your Bitcoin knowledge and understanding. Michael shares some incredible insight on Austrian economics, the cargo cultism of altcoins, and more. Links: Twitter: https://twitter.com/bitstein Crash Course: https://nakamotoinstitute.org/crash-course/ Literature: https://nakamotoinstitute.org/literature/ Noded: https://noded.org/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320 Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
Thu, September 26, 2019
Neil Woodfine of Clavestone rejoins me in this episode to talk about the Cerberus Protocol. Cerberus is a protocol designed to be simple for businesses to use Bitcoin multi signature and self custody their bitcoins. We talk about: Why Cerberus Protocol Risks that bitcoin businesses face with bitcoin storage Balancing security with ease of use Walkthrough of the key steps in Cerberus Protocol Plan for future development Clavestone Links: Neil Woodfine twitter: https://twitter.com/nwoodfine Cerberus Protocol: https://cerberus.clavestone.io/ Cerberus Protocol Github: https://github.com/Clavestone/cerberus Clavestone: https://clavestone.io SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320 Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E109 · Tue, September 24, 2019
Preston Pysh, co-host of The Investor’s Podcast (a globally ranked Investment podcast), joins me to talk about his thoughts on investing in Bitcoin. We talk about the category errors and pitfalls that an investor must be wary of when conceiving of the Bitcoin investment thesis. We discuss: Category errors 80 years of conditioning Investment career risk Psychology and emotions, and how you can manage yours Trace Mayer and the Mayer Multiple Preston Pysh Links: Preston’s Twitter: https://twitter.com/PrestonPysh The Investor’s Podcast: https://www.theinvestorspodcast.com/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://plinkhq.com/i/1415720320 Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
Sun, September 22, 2019
Bryan Bishop (Bitcoin developer & consultant) joins me in this episode to talk about his experiences with Bitcoin Custody from working at LedgerX and in other settings. We talk about: Bitcoin Custody & Vaults Shamir’s Secret Sharing Bitcoin Hardware Smart Custody Transcripts of Bitcoin Conferences/Podcasts The Bitcoin alert key saga Transhumanism Bryan links: Twitter: https://twitter.com/kanzure Personal Website: https://heybryan.org/ Transcripts: http://diyhpl.us/wiki/transcripts/ Other links mentioned: https://smartcustody.com/ https://www.weboftrust.info/ https://dfa2019.bitcoinedge.org/ https://telaviv2019.bitcoinedge.org/ https://telaviv2019.scalingbitcoin.org/ https://github.com/satoshilabs/slips/blob/master/slip-0039.md https://github.com/unchained-capital/hermit https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2018-July/016189.html https://www.coindesk.com/what-happened-when-a-secret-bitcoin-key-went-public SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast:<a h
S1 E107 · Wed, September 18, 2019
Jeremy Welch (CEO Casa) and Jameson Lopp (CTO Casa) re join me in this episode to talk about Casa Wealth Security Protocol and Casa Keymaster. We talk about various points related to securing your Bitcoin: Design Principles and Decisions Key risks Casa Keymaster and Basic Multi Sig set up Multi sig, multi location, multi device Going seedless Privacy Roadmap Casa, Jeremy and Jameson links: Casa Wealth Security Protocol: https://keys.casa/wealth-security-protocol/ Casa Twitter: https://twitter.com/CasaHODL Jeremy Welch: https://twitter.com/jeremyrwelch Jameson Lopp: https://twitter.com/lopp Bitcoin page: https://www.lopp.net/ SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E106 · Mon, September 09, 2019
Glacier Protocol is widely regarded as one of the best ways for an individual to secure their bitcoins. Who better to join me than the Project Lead and Maintainer of Glacier Protocol? Diogo Monica, Co Founder and President of Anchorage, and Project Lead of Glacier Protocol joins me in this episode to talk about: Diogo’s background on computer security Glacier Protocol design decisions Glacier Protocol overview and step through Key features Taking security to the next level with Anchorage for institutional clients Diogo Monica, Glacier Protocol and Anchorage Links: Glacier Protocol: https://glacierprotocol.org/ Anchorage: https://anchorage.com/ Diogo Monica’s Twitter: https://twitter.com/diogomonica SLP Bitcoin Custody Series: https://stephanlivera.com/slp-bitcoin-custody-series Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E105 · Tue, September 03, 2019
Justin Moon (BUIDL Bootcamp) and Stepan Snigirev (CTO Crypto Advance) rejoin me in this episode to talk about creating your own Bitcoin Hardware Wallet, and setting up Multi Signature with it. Justin and Stepan have been working on their respective projects relating to DIY Hardware Wallets, and multi signature. We talk about: Why you would make your own HW Wallet How much skill it takes and what the cost is The security of such a set up Compatibility with Bitcoin Core and standards How to build trust in the software How you can learn more and get involved DIY bitcoin hardware website: https://diybitcoinhardware.com Justin Moon links: Twitter: https://twitter.com/_JustinMoon_ Build Bootcamp: https://buidlbootcamp.com/ Mooniversity: https://mooniversity.io/ HODL Bootcamp: https://hodlbootcamp.com/ Github: https://github.com/justinmoon Stepan Snigirev links: Twitter: https://twitter.com/stepansnigirev CryptoAdvance: https://cryptoadvance.io/ Specter DIY hardware wallet (with shopping list): https://github.com/cryptoadvance/specter-diy Specter Desktop app: https://github.com/cryptoadvance/specter-desktop SLP Hardware Wallet Interview Series: https://stephanlivera.com/slp-hardware-wallet-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: <a href="https:
S1 E104 · Fri, August 30, 2019
Jonas Schnelli (Bitcoin Core Developer and Maintainer and Co Founder Shift Crypto) and Douglas Bakkum (CEO, Shift Cryptosecurity) join me in this episode to talk about the BitBox02 hardware wallet product from Shift Cryptosecurity based in Switzerland. We talk about: Why Shift Crypto was started Prior product, BitBox01 BitBox02 and how it works PSBT and Air gapping Privacy Multi Sig Bitcoin-only Shift Cryptosecurity Links: Shift Cryptosecurity: https://shiftcrypto.ch/ Jonas Schnelli: https://twitter.com/_jonasschnelli_ Douglas Bakkum: https://twitter.com/douglasbakkum Shift Cryptosecurity Twitter: https://twitter.com/ShiftCryptoHQ SLP Hardware Wallet Interview Series: https://stephanlivera.com/slp-hardware-wallet-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E103 · Wed, August 28, 2019
Charles Guillemet, Chief Security Officer of Ledger, and also leading Ledger Donjon, joins me to talk about Bitcoin hardware wallet hacking. We talk about the attacks possible, the cost of these attacks, and defence against these attacks. You won’t want to miss this episode! Charles and Donjon Ledger links : Charles Twitter: https://twitter.com/P3b7_ Ledger Donjon Twitter: https://twitter.com/DonjonLedger Ledger Donjon github: https://ledger-donjon.github.io/ SLP Hardware Wallet Interview Series: https://stephanlivera.com/slp-hardware-wallet-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E102 · Mon, August 26, 2019
Jimmy Song (Bitcoin educator, entrepreneur and developer) and Alex Gladstein (CSO of Human Rights Foundation) join me in this episode to talk about their fantastic new book, The Little Bitcoin Book. This is the perfect short book to give your precoiner friends! It has succinct explanations on why bitcoin is important. Listen to this episode to learn more about how this book came together, what the authors are hoping to achieve, and if you like it - then make sure you buy copies of the book to give to your friends and family. Links: The Little Bitcoin Book website: http://littlebitcoinbook.com/ The Little Bitcoin Book on Amazon: https://www.amazon.com.au/Little-Bitcoin-Book-Matters-Finances-ebook/dp/B07W957N7T/ Alex Gladstein’s The Moral Case for Lightning: https://medium.com/@alexgladstein/the-moral-case-for-lightning-a-global-private-payment-network-9b232019a75b Jimmy Song Twitter: https://twitter.com/jimmysong Alex Gladstein Twitter: https://twitter.com/gladstein Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E101 · Sat, August 24, 2019
Rodolfo Novak (CEO CoinKite) rejoins me in this episode to talk about the Coldcard from Coinkite. We talk about: Why he made the Coldcard Basic features of the Coldcard Bitcoiner support for the Coldcard Multi signature with Coldcard WalletsRecovery.org Rodolfo Novak and Coldcard links: Twitter: https://twitter.com/nvk Coinkite website: https://coinkite.com/ (CODE: LIVERA for 5% off) Coldcard documentation: https://coldcardwallet.com/docs/ Coldcard telegram chat: https://t.me/coldcard Wallets Recovery site: https://walletsrecovery.org/ Matt Odell (TFTC) Coldcard walkthrough video: https://youtu.be/sM2uhyROpAQ SLP Hardware Wallet Interview Series: https://stephanlivera.com/slp-hardware-wallet-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Manning Publications (code: LIVERA for 40% off): http://mng.bz/07rW Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2
S1 E100 · Mon, August 19, 2019
Pavol Rusnak aka Stick, CTO of SatoshiLabs (the company behind Trezor) joins me in this episode to talk about his journey creating the world’s first bitcoin hardware wallet. We talk about: Making the world’s first bitcoin hardware wallet SLIP39 and Shamir’s secret sharing Multi signature support Airgapping Privacy Bitcoin-only firmware FIDO2 authentication Pavol Rusnak and Trezor links: Pavol’s Twitter: https://twitter.com/pavolrusnak Trezor website: https://trezor.io/ (PROMO CODE: SLP100 for discount, valid for one week) Trezor Twitter: https://twitter.com/trezor Trezor Github: https://github.com/trezor SLIP 39 github: https://github.com/satoshilabs/slips/blob/master/slip-0039.md Trezor article: Is your passphrase strong enough?: https://blog.trezor.io/is-your-passphrase-strong-enough-d687f44c63af Coldbit article re: BIP39 passphrase length: https://coldbit.com/can-bip-39-passphrase-be-cracked/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Manning Publications (code: LIVERA for 40% off): http://mng.bz/07rW Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast
S1 E99 · Thu, August 15, 2019
Andrew Chow, Bitcoin Core developer at Blockstream joins me in this episode to talk about his work on HWI - Hardware Wallet Interface and PSBT - Partially Signed Bitcoin Transactions. We discuss the benefits of PSBT and Hardware Wallet Interface in making Bitcoin’s user interface better for users who want to do multi sig or interact with hardware wallets using Bitcoin Core. We talk: Andrew’s background Why PSBT (Partially Signed Bitcoin Transactions) is needed HWI - Hardware Wallet Interface Output descriptors Derivation paths Use of PSBT for CoinJoining and Multi-Sig Where HWI is going from here Andrew Chow Links and other links discussed in episode: Andrew Chow Twitter: https://twitter.com/achow101 Andrew’s Stack Exchange account: https://bitcoin.stackexchange.com/users/48884/andrew-chow Andrew Chow Twitch: https://www.twitch.tv/achow101 Bitcoin-Core HWI github link: https://github.com/bitcoin-core/HWI PSBT: https://github.com/bitcoin/bitcoin/blob/master/doc/psbt.md Stack Exchange - Pieter Wuille answer on output descriptors: https://bitcoin.stackexchange.com/a/89281 Output descriptors link: https://github.com/bitcoin/bitcoin/blob/master/doc/descriptors.md Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Manning Publications (code: LIVERA for 40% off): http://mng.bz/07rW Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: <a href="https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt
S1 E98 · Mon, August 12, 2019
So Bitcoin’s Lightning Network exists and works today. Can it scale up to a million channels? Rusty Russell (Blockstream Elements Project, working on c-lightning and the Lightning Spec) and Joe Netti (recently interned at Blockstream) join me to talk about their work on the Million Channels Project. We talk about: Why the Project was started Set up Regtest and Gossip Routing Optimisations needed An update on c-lightning Links: Million Channel Blockstream results post: https://eng.blockstream.com/2019/06/24/letting-channels-bloom/ Million Channels Project Github: https://github.com/rustyrussell/million-channels-project Million Channel Project proposal: https://medium.com/@rusty_lightning/proposal-the-million-channel-lightning-project-d8c34666d6d4 Rusty links: Twitter: https://twitter.com/rusty_twit Github: https://github.com/rustyrussell Prior appearance SLP23: https://stephanlivera.com/episode/23/ Joe Netti links: Twitter: https://twitter.com/JoeNetti GitHub: https://github.com/nettijoe96 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Breez Tech: http://breez.technology Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podc
S1 E97 · Thu, August 08, 2019
Michael Flaxman, Bitcoin Educator and Developer joins me in this episode (part of the SLP Hardware Wallet Interview series) to talk about the current state of Bitcoin Hardware Wallets. This episode is a must listen to learn the differences between some of the current popular Hardware Wallets, and give you a framework on how to think about Hardware Wallet security. This will help you think more clearly about how to secure your own bitcoins. We talk: The current state of hardware wallets Multi signature is additive Why you should use Testnet Secure elements PSBT Backups Shamir’s secret sharing Michael Flaxman links: Twitter: https://twitter.com/mflaxman Bitcoin Hardware Wallet Comparison site: https://bitcoin-hardware-wallet.github.io/ Personal website: https://www.michaelflaxman.com/ Thread on Bitcoin HW Wallets: https://twitter.com/mflaxman/status/1146813021232226306 SLP Hardware Wallet Series link: https://stephanlivera.com/slp-hardware-wallet-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Manning Publications: http://mng.bz/07rW Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@
S1 E96 · Tue, August 06, 2019
Max Hillebrand, Bitcoin educator and World Crypto Net broadcaster joins me in this newbie episode to target about good practices with Hardware wallets and what we should think about. We talk: Why you should not leave your bitcoins on an exchange How to think about Hardware Wallets Recommended practices with Hardware wallets and self custody Next steps for learning Max Hillebrand links Twitter: https://twitter.com/HillebrandMax World Crypto Net: https://www.youtube.com/user/WorldCryptoNetwork Max’s Personal website: https://towardsliberty.com/ HODL Hotline (bitcoin consulting from Max): https://hodlhotline.com/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E95 · Sun, August 04, 2019
Aleks Svetski (CEO and co-founder Amber) rejoins me in this episode to talk about the clash of visions: Trading or HODLing Buying with a lump sum or DCA - Dollar Cost Averaging Mindsets around DCA Libra vs USD vs Bitcoin Belief systems Aleks and Amber links: Twitter: https://twitter.com/alekssvetski Amber: https://amber.app Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E94 · Wed, July 31, 2019
Roy Sheinfeld, CEO of Breez Technology joins me to talk about his view of Bitcoin’s Lightning Network. We touch on a number of topics: Roy’s background in Bitcoin Why he’s excited about Lightning Network and what problems it can solve How the Lightning Network will evolve with Lightning Service Providers What he’s doing with Breez Tech and the Breez app Neutrino filtering Roy Sheinfeld links: Breez Tech Twitter: https://twitter.com/Breez_Tech Breez Technology: https://breez.technology/ Breez Telegram: https://t.me/breez_lightning Roy’s article “Lightning at the end of the Tunnel” https://medium.com/breez-technology/lightning-at-the-end-of-the-tunnel-overcoming-bitcoins-ux-challenges-5738171c759e Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Manning Publications (use code: LIVERA for 40% off all items): https://www.manning.com/ Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E93 · Mon, July 29, 2019
Raoul Pal (CEO RealVision and Global Macro Investor) joins me in this episode to discuss the Global Macro risks that he sees, and his perspective on Bitcoin. We talk about the stage of the business cycle that we are in, problems faced by individuals and corporates, and Raoul’s views on Bitcoin. Raoul Pal and Realvision links: Raoul twitter: https://twitter.com/RaoulGMI Realvision link: http://realvision.com/free Raoul tweet thread: https://twitter.com/RaoulGMI/status/1147878009870983169 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me
S1 E92 · Thu, July 25, 2019
Britt Kelly joins me for the fourth and final episode in the BTCPayServer interview series. Britt and I chat about: Getting into Bitcoin and BTCPayServer What you can learn by contributing Documentation of BTCPay Translation of BTCPay Tips for newbies Reflections on being a female in Bitcoin and open source Britt Kelly links: Twitter: https://twitter.com/britttttkelly Britt Kelly Donation page: https://btcps0.com/apps/2CCRTE84cnbSyEsJVvDxsqq9uUJV/pos SLP BTCPayServer series link: https://stephanlivera.com/slp-btcpayserver-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E91 · Sun, July 21, 2019
Episode 3 in the BTCPayServer series! Kukks, BTCPayServer developer and contributor joins me in this episode to talk about his work. We talk about the way BTCPayServer is structured, and also about the BTC Transmuter (aka fiat bridge), enabling merchants to take Bitcoin payment via BTCPayServer, but receive fiat through an interface with a Bitcoin exchange. We talk: BTCPayServer Architecture BTC Transmuter (taking BTC and converting into fiat for the merchant) Contributing to BTCPayServer Kukks links: Twitter: https://twitter.com/MrKukks Github: https://github.com/kukks Donate page: https://donate.kukks.org/ SLP BTCPayServer series link: https://stephanlivera.com/slp-btcpayserver-interview-series/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E90 · Thu, July 18, 2019
Episode 2 of the SLP BTCPayServer series! Pavlenex (BTCPayServer contributor and Operator of BitcoinShirt.co) joins me to talk about his journey in becoming a bitcoiner, and becoming a BTCPayServer contributor. We talk: How BTCPayServer helps a merchant accept Bitcoin Creating BTCPayServer Guides Cost of running BTCPayServer BTCPayServer misconceptions BTCPayServer with Lightning Network BTCPayServer Merchant Directory See the other interviews in the series: https://stephanlivera.com/slp-btcpayserver-interview-series/ Pavlenex links: Twitter: https://twitter.com/pavlenex Website: https://bitcoinshirt.co/ BTCPayServer Misconceptions: https://blog.btcpayserver.org/btcpay-misconceptions/ BTCPay vs Third Party Processor https://docs.btcpayserver.org/btcpay-basics/btcpayvsothers Infographic for common merchants problem https://twitter.com/BtcpayServer/status/1097931640494608389 Third-Party hosts https://docs.btcpayserver.org/deployment/thirdpartyhosting Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E89 · Mon, July 15, 2019
Rockstar Developer joins me to talk about his experiences in open source development, working on BTCPayServer, Tor crowdfunding, and his philosophy of Rockstarism. We talk: Open source vs closed source development BTCPayServer and the community BTCPayServer benefits Tor crowdfunding Rockstarism philosophy Experiences with hyperinflation Rockstar and BTCPayServer links: Twitter: https://twitter.com/r0ckstardev BTCPayServer: https://btcpayserver.org/ Tor Crowdfunding project: https://bitcoinfortor.torproject.net/ SLP BTCPayServer series link: SLP BTCPayServer series page: https://stephanlivera.com/?p=1228 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E88 · Sun, July 14, 2019
Conner Brown joins me in this episode to talk about his journey of learning about Bitcoin and why Bitcoin should be thought of as money, not payments. We talk about: How he came to learn about Bitcoin His journey coming from the Bcash world view to the Bitcoiner view Common pitfalls in learning or reasoning about Bitcoin Dealing with Ripplecoin shills Conner Brown links: Twitter: https://twitter.com/_ConnerBrown_ Article - Bitcoin has no intrinsic value: https://medium.com/coinmonks/bitcoin-has-no-intrinsic-value-and-thats-great-e6994adbfe0f Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Orange Coin Good and other Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me Ministry of Nodes: Website: https://www.ministryofnodes.com.au/ Twitter: https://twitter.com/ministryofnodes Ketan (my co founder): https://twitter.com/_k3tan
S1 E87 · Wed, July 10, 2019
Assistant Professor and Records-Johnston Professor of Free Enterprise at Oklahoma State University, at the OSU School of Entrepreneurship, and Fellow at the Mises Institute - Per Bylund joins me in this episode to talk about his book on the theory of the firm: What was wrong with the theory of the firm before Firms as islands of productivity Capital Theory What happens to firms over time Per Bylund links: Per Bylund Twitter: https://twitter.com/PerBylund The Problem of Production Book: https://www.amazon.com/Problem-Production-Routledge-Heterodox-Economics/dp/1848935293 Per Bylund website: http://www.perbylund.com/ Earlier episode with Per SLP38: https://stephanlivera.com/episode/38 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Follow me on twitter: https://twitter.com/stephanlivera Show notes and website: https://stephanlivera.com/ Subscribe to the podcast: https://anchor.fm/stephan-livera/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Merchandise @ Layer One BTC Store: https://layeronebtc.com/collections/stephan-livera-podcast Email contact: stephanlivera@pm.me Ministry of Nodes: Website: https://www.ministryofnodes.com.au/ Twitter: https://twitter.com/ministryofnodes Ketan (my co founder): https://twitter.com/_k3tan
S1 E86 · Fri, July 05, 2019
SLP86 PlanB - Frontrunning the Bitcoin Halvening? PlanB rejoins me in this anticipated follow up episode discussing his stock to flow data modelling of Bitcoin’s valuation. The first episode was hotly downloaded and discussed online, so this time we talk about whether the recent bullish price action is a reflection of speculators front running the May 2020 Bitcoin block subsidy halving. Don’t miss this episode! Response to the first episode Stock to flow multiple Front running the halving The 1% BTC, 99% Cash portfolio Bitcoin and commodities Future pathways for institutional investment PlanB links: Twitter: https://twitter.com/100trillionusd Medium: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Ministry of Nodes: Website: https://www.ministryofnodes.com.au/ Twitter: https://www.ministryofnodes.com.au/ Ketan (my co founder): https://twitter.com/_k3tan Stephan Livera links: Twitter: https://twitter.com/stephanlivera Show notes and subscribe to the podcast: https://stephanlivera.com/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E85 · Tue, July 02, 2019
Sergej Kotliar (CEO Bitrefill) rejoins me in this episode recorded at Bitcoin2019 Conference in San Francisco to talk about his views on the ‘store of value first’ narrative in Bitcoin. Is there a need to build a Bitcoin circular economy now? Sergej also offers some reflections on the situation with the bitcoin fee market, and provides an update on what’s happening at Bitrefill. Topics: “SoV first” vs building the bitcoin circular economy Bitcoin Twitter is not representative of Bitcoin Dealing with taxes and capital gains on bitcoin Being the best ‘bitcoin guy’ for your family and friends The fee market in bitcoin and how it may evolve over time Bitrefill services, particularly Lightning Network related Sergej Kotliar links: Twitter: https://twitter.com/ziggamon Bitrefill: https://www.bitrefill.com/ Bitrefill twitter: https://twitter.com/bitrefill Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Bloom Audio: https://bloomaudio.com/ Stephan Livera links: Twitter: https://twitter.com/stephanlivera Show notes and subscribe to the podcast: https://stephanlivera.com/ Rate and Review the podcast: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Email contact: stephanlivera@pm.me
S1 E84 · Sun, June 30, 2019
Stepan Snigirev, Quantum Physicist and CTO of CryptoAdvance joins me in this episode to talk about the Quantum threat to Bitcoin, and we also talk about Bitcoin Hardware Wallets. This interview was recorded in person in San Francisco just prior to the Bitcoin2019 conference. Topics covered: What Bitcoin’s security relies on Why the Quantum Computing threat against Bitcoin is overblown How long until it might be a realistic consideration Challenges faced by Bitcoin Hardware wallets today What could be done better in future CoinJoining and Lightning on a Hardware wallet CryptoAdvance Stepan links: Twitter: https://twitter.com/StepanSnigirev Crypto Advance: https://cryptoadvance.io/ Crypto Advance twitter: https://twitter.com/cryptoadvance Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Twitter: https://twitter.com/stephanlivera Show notes and subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
S1 E83 · Mon, June 24, 2019
Conner Fromknecht Head of Cryptographic Engineering at Lightning Labs, joins me to go in depth on Bitcoin Lightning Watchtowers. Understand how Bitcoin’s Lightning Network keeps channel participants honest and how Watchtowers can help: How Lightning Network’s punishment model works without watchtowers Where watchtowers come in and how they work Why watchtowers can’t steal your bitcoins Scalability of watchtowers Privacy Funding and operation model LND v0.7 features Conner Fromknecht links: Twitter: https://twitter.com/bitconner Github: https://github.com/cfromknecht Lightning Labs website (Developer Slack sign up link on this page): https://lightning.engineering/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
S1 E82 · Fri, June 21, 2019
Alena Vranova, Head of Strategy at Casa joins me in this episode to talk about the challenges we’re all facing with keeping our data secure, as well as what Casa are doing. We talk: Privacy horrors around the world #MyDataMyLife campaign What individuals can do to protect their privacy How businesses can change their practices Casa and their approach to customer data Alena Vranova links: Twitter: https://twitter.com/alenasatoshi Casa: https://keys.casa/ Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
S1 E81 · Thu, June 20, 2019
Dan Held, Co-Founder of Interchange rejoins me in this episode to talk about the long term security of Bitcoin as it transitions to transaction fee (away from block subsidy). We discuss whether this will be a problem, or whether Bitcoin will be OK. Basic statement of the concern The modelling behind why Dan believes Bitcoin’s security is fine The increasing ‘weight’ of a bitcoin transaction How bitcoin usage will evolve in the future Value of Bitcoin conference reflections e.g. is Proof of Work wasteful or environmentally destructive Dan Held Links: Dan Held Twitter: https://twitter.com/danheld Bitcoin’s Security is Fine article: https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8?gi=2fa1fafbf5b4 Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/?utm_source=Stephan%20Livera&utm_medium=Referral&utm_campaign=Affiliate Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
S1 E80 · Mon, June 17, 2019
Richard Myers of Gotenna and Global Mesh Labs joins me to talk about a new way to improve mesh networking with the use of bitcoin payments to provide incentive for message and packet routing. We talk: What the problem is with the current set up of the internet and current mesh networking What the Lot49 proposal is How it works Risks and challenges to be faced What happens next Richard Myers Links: Richard Myers twitter: https://twitter.com/remyers_ Global Mesh Labs twitter: https://twitter.com/globalmeshlabs Global Mesh Labs site: https://globalmeshlabs.org/ Lot49 Protocol Whitepaper: https://global-mesh-labs.gitbook.io/lot49/ Global Mesh Labs Telegram: https://t.me/joinchat/HvhpZhT_q4VYUgXm5hOFGA Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/ Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact (advertising queries or general feedback): stephanlivera@pm.me
S1 E79 · Sat, June 15, 2019
Misir Mahmudov (Bitcoin writer and working Operations at Adaptive Capital) joins me in this episode to talk: How he learned about Bitcoin and Austrian Economics Recommendations for listeners who want to learn more His thesis on the closure of the gold window and impacts on inequality Bitcoin and Morals The role of Satoshi Misir links: Twitter: https://twitter.com/misir_mahmudov Medium: https://medium.com/@misir_mahmudov Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/ Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact (advertising queries or general feedback): stephanlivera@pm.me
S1 E78 · Mon, June 10, 2019
A co-founder of the Bitcoin privacy focused wallet, Samourai Wallet, rejoins the show in this fantastic episode to talk about the many updates since last time on the show (SLP29): Getting funding from Cypherpunk Holdings Release of Dojo software - open sourcing Samourai Wallet server backend Collaboration with the nodl team for official Dojo Hardware Whirlpool (Coinjoin) mixing Other features and what to look out for - Stonewallx2, Stowaway, Ricochet Samourai Wallet Links: Samourai Wallet website: https://samouraiwallet.com/ Samourai Wallet Twitter: https://twitter.com/samouraiwallet Samourai Wallet Telegram chat group: https://t.me/SamouraiWallet Sponsor links: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Unchained Capital: https://www.unchained-capital.com/ Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
S1 E77 · Fri, June 07, 2019
Kalle Rosenbaum (author, developer and bitcoin consultant) joins me in this episode to discuss his new book, Grokking Bitcoin. We talk: The process of writing this book David Harding’s foreword Some cryptography basics Different Bitcoin transaction types How nodes communicate Bitcoin upgrades, and bitcoin forks Kalle Rosenbaum links: Twitter: https://twitter.com/kallerosenbaum (40% DISCOUNT CODE: podsliv19) Grokking Bitcoin book: https://www.manning.com/books/grokking-bitcoin Sponsor link: Kraken: http://www.kraken.com/?utm_source=podcast&utm_medium=stephanlivera Stephan Livera links: Twitter: https://twitter.com/stephanlivera Subscribe to the podcast: https://stephanlivera.com/ Email contact: stephanlivera@pm.me
Mon, June 03, 2019
Vijay Boyapati, Bitcoin economic commentator, joins me to talk about: Monetary stages of evolution Merchant adoption of Bitcoin to receive payment - is it 2013 all over again? Facebook Crypto Horizontal “Crypto” vs Vertical Bitcoin businesses Why Bitcoin is not Paypal 2.0 Vijay links: Twitter: https://twitter.com/real_vijay/ Bitcoin ‘Horizontal vs vertical’ thread: https://twitter.com/real_vijay/status/1128893146807488512 Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe to the Podcast: https://stephanlivera.com/ Email for podcast advertising enquiries: stephanlivera@pm.me
S1 E75 · Fri, May 31, 2019
Giacomo joins me again in this episode to explain for newbies why there is only one Bitcoin. We cover common points of confusion that newbies and outsiders to Bitcoin may not grasp: Forks of Bitcoin Semantics and word games Traps to avoid Giacomo link: Twitter: https://twitter.com/giacomozucco Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera Tallycoin for Bitcoin/Lightning donations: https://tallyco.in/stephanlivera/
S1 E74 · Tue, May 28, 2019
Wiz, Bitcoin OG from Tokyo (and creator of the “Bitcoiner or Shitcoiner” browser extension) joins me in this episode to discuss his career, how to build your own ISP, and also, a new way to help mitigate social attacks on Bitcoin. We talk: Importance of self sovereignty for Bitcoiners How to set up your own ISP VPNs Bitcoiner or Shitcoiner browser extension Wiz’s work with Hive.one and setting up his projects, “Bitcoin Wizards”, and “Bitcoiner or Shitcoiner” How this can help mitigate social attacks Wiz links: Twitter: https://twitter.com/wiz (Coming soon) Bitcoin Wizards: www.bitcoin-wizards.com Bitcoin Wizards twitter: https://twitter.com/Bitcoin_Wizards (Coming soon) Bitcoiner or Shitcoiner? www.bitcoiner-or-shitcoiner.com Bitcoiner or Shitcoiner twitter: https://twitter.com/BitcoinerOrShit Hive: https://hive.one/ Bitcoin-Only website: https://bitcoin-only.com/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Patreon: http://patreon.com/stephanlivera Tallycoin for Bitcoin/Lightning donations: https://tallyco.in/stephanlivera/ Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/
S1 E73 · Thu, May 23, 2019
Tamas Blummer, Bitcoin developer and entrepreneur with a long and respected background in Bitcoin joins me in this must-listen, wide ranging episode to talk about: Rust-Bitcoin projects Threats to bitcoin: Soft fork threats and protocol ossification Incentivised re-orgs of Bitcoin’s blockchain Central Bank Digital Currencies and Negative Interest rates Bitcoin data science Liveliness measure Work with Adamant Capital Tamas Blummer links: Twitter: https://twitter.com/TamasBlummer Github: https://github.com/tamasblummer Medium blogs by Tamas: https://medium.com/@tamas.blummer/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E72 · Mon, May 20, 2019
Eric Voskuil (lead developer of libbitcoin and Cryptoeconomics author) joins me to talk about his views on Austrian economics, Murray Rothbard, Fractional vs Full Reserve Banking. We also chat about “Jurisdictional Arbitrage” from his Cryptoeconomics github pages. Eric Voskuil links: Twitter: https://twitter.com/evoskuil Cryptoeconomics pages: https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptoeconomics Libbitcoin: https://libbitcoin.org/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E71 · Wed, May 15, 2019
On listener request, I fly solo for this episode to give Bitcoin newbies and Bitcoin intermediate listeners an overview on 'Bitcoin Austrian' thought. Learn why students of the Austrian school of economics are well placed to understand Bitcoin: How money arises on the market as most saleable good Why Bitcoin isn't a scam 'Intrinsic value' Blockchains and social scalability Bitcoin and Austrian thinkers worth listening to and reading Make sure you share this episode with your friends who are struggling to understand Bitcoin! Links: Vijay Boyapati The Bullish Case for Bitcoin: https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1 Nakamoto Institute Crash Course in Bitcoin Political Economy: https://nakamotoinstitute.org/crash-course/ Saifedean Ammous The Bitcoin Standard: https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861 Mises Institute: https://mises.org/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E70 · Mon, May 06, 2019
Matt Odell, Bitcoin podcast co-host of the Rabbit Hole Recap joins me in this fun episode to talk about ways Bitcoiners can put theory into practice. Along the way we chat: Challenges in educating noobs Common pitfalls and scams Approaches to take going forward How to avoid scams to come in the future Matt Odell links: Twitter: https://twitter.com/matt_odell TFTC podcast: http://tftc.io/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E69 · Mon, April 29, 2019
Saifedean Ammous, Bitcoin economist and author of seminal book, The Bitcoin Standard, joins me in this episode. We talk about some of his recent research: How governments could try to kill Bitcoin Why fiat money hyperinflation is not that likely Why we can’t simply disregard gold Thoughts on stock to flow modelling Research Bulletins going forward Saifedean links: Twitter: https://twitter.com/saifedean Patreon: https://www.patreon.com/saifedean/ Research bulletin: http://saifedean.com/research Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E68 · Sat, April 20, 2019
Joost Jager, Lightning Network Infrastructure Engineer at Lightning Labs, joins me in this episode to talk about Lightning Loop Out and In. We also discuss some of the recent criticisms of the Lightning Network by Peter Rizun. We talk: How Lightning Loop helps you manage inbound liquidity, or pay with BTC on chain to get outgoing capacity on a lightning channel Practical uses of Lightning Loop technology Some of the technicals behind how Lightning Loop e.g. hodlinvoice Thoughts and responses to Peter Rizun's criticisms of the Lightning Network Joost Jager links: Twitter: https://twitter.com/joostjgr Loop Out post: https://blog.lightning.engineering/technical/posts/2019/04/15/loop-out-in-depth.html Lightning Labs: https://lightning.engineering/index.html#home Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E67 · Mon, April 15, 2019
Plan B (@100trillionUSD), operator of a well known pseudonymous twitter account joins me for discussion on modelling the incredible value of Bitcoin. Don’t miss this discussion on data modelling, finance and investing in Bitcoin! We talk: Influences in terms of Bitcoin Modelling Bitcoin’s digital scarcity Impact of the halving Challenges and problems with modelling Bitcoin Finance and Investing theory and practice applied to Bitcoin Plan B / @100trillionUSD Links: Twitter: https://twitter.com/100trillionUSD Modeling Bitcoin’s Value with Scarcity - https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E66 · Wed, April 10, 2019
James O’Beirne, Bitcoin Core Engineer at Chaincode Labs joins me in this episode to talk about the real nature of ‘power’ and control within Bitcoin. It’s not as simple as it might first seem! We talk about: Differing conceptions of ‘power’ in Bitcoin Peer to peer network governance Bitcoin Core development Assume utxo James O’Beirne links: Twitter: https://twitter.com/jamesob Github: https://github.com/jamesob Chaincode labs: https://chaincode.com/ Discussed in episode: 2019 Draft Paper by Angela Walch: Deconstructing 'Decentralization': Exploring the Core Claim of Crypto Systems - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3326244 WBD089 - Angela Walch appearance on What Bitcoin Did podcast - https://www.whatbitcoindid.com/podcast/critiquing-bitcoin-with-angela-walch Assumeutxo: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-April/016825.html Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E65 · Thu, April 04, 2019
Nik Bhatia CFA charter holder and Bitcoin-native financial theorist joins me for discussion on the Lightning Network Interest Rate (LNRR) - a concept on how Bitcoin Lightning Network participants can earn an interest through routing fees earned on the Lightning Network. We talk: Background on Lightning Network and LNRR Node Accrual Rate (NAR) How LNRR and NAR will change with coming Lightning technology Challenges to the concept as is How it will evolve over time Nik Bhatia links: Nik Bhatia twitter: https://twitter.com/timevalueofbtc Nik Bhatia Medium page: https://medium.com/@timevalueofbtc Article - The Lightning Network Reference Rate: https://medium.com/@timevalueofbtc/the-lightning-network-reference-rate-98e41a9dadfa Also discussed: BitMEX Routing Fee Economics - https://blog.bitmex.com/the-lightning-network-part-2-routing-fee-economics/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E64 · Sat, March 30, 2019
Tuur Demeester, Bitcoin/Macro Investor and Writer, and Founding Partner of Adamant Capital joins us in a very important macro-economic and investment discussion on how to assess Bitcoin’s value through its past and into the future. Bitcoin Outlook and Phases Historical Bitcoin Valuation ideas New Bitcoin Valuation ideas Bitcoin Full Reserve Banking Tuur and Adamant Capital Links: Tuur Demeester Twitter: https://twitter.com/TuurDemeester Adamant Capital Research Sign up Link: https://mailchi.mp/adamantcapitalfund.com/research_updates Adamant Capital website: https://www.adamantcapitalfund.com/ Adamant Capital article “A Primer on Bitcoin Investor Sentiment and Changes in Saving Behavior”: https://medium.com/@adamant_capital/a-primer-on-bitcoin-investor-sentiment-and-changes-in-saving-behavior-a5fb70109d32 Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E63 · Thu, March 28, 2019
LightningK0ala joins us to talk about his new Bitcoin Lightning powered online gaming venture, Koala Studio. We talk: How he got into Lightning development Experiences with Satoshi’s Place What he’s doing with Koala Studio Future opportunities with Bitcoin Lightning gaming Wishlist for Bitcoin Lightning development Lightning K0ala and Koala Studio links: Lightning Koala twitter: https://twitter.com/@Lightningk0ala Koala Studio website: http://koalastud.io/ Koala Studio twitter: https://twitter.com/koalastud_io Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E62 · Wed, March 27, 2019
Rodolfo Novak, Founder of Coinkite joins me to discuss ways to keep Bitcoin in line with its true cypherpunk values: Decentralizing Bitcoin’s communication networks Alternative methods of sending, receiving, verifying Bitcoin transactions Radio transmissions Coinkite and physical bitcoin products Rodolfo Novak links: Rodolfo Novak twitter: https://twitter.com/nvk Coinkite: https://coinkite.com/ Coinkite twitter: https://twitter.com/Coinkite Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E62 · Sat, March 23, 2019
David Bailey, CEO of BTC Media (yBitcoin, Bitcoin Magazine, Let’s Talk Bitcoin Network) joins me in this wide ranging conversation about Bitcoin over the years, and Bitcoin media: Journey over the years Getting into Bitcoin media Problems with ‘enterprise blockchain’ The ‘path back to Bitcoin’ for some people/companies Bitcoin Magazine and the switch to Bitcoin focus Bitcoin 2019 Conference - San Francisco June 2019 David Bailey links: David Bailey twitter: https://twitter.com/davidfbailey yBitcoin: https://www.ybitcoin.com/ Bitcoin Magazine; https://bitcoinmagazine.com/ Let’s Talk Bitcoin: https://letstalkbitcoin.com/ Bitcoin 2019 Conference: https://www.bitcoin2019conference.com/ Sponsor link: Lolli - Earn Bitcoin When you Shop: https://lolli.com/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E60 · Tue, March 19, 2019
Askuwheteau and Ketominer of the nodl.it team join me to talk about the ‘plug and play’ Bitcoin Lightning full node hardware they are creating. We discuss: Bitcoin full node philosophy Why they started a company How to set up a Nodl device Comparison with other plug and play node products Future features coming Askuwheteau, Ketominer & nodl links: Askuwheteau’s Twitter: https://twitter.com/IAskuwheteau Ketominer’s Twitter: http://twitter.com/Ketominer nodl Twitter: https://twitter.com/nodl_it nodl website: https://www.nodl.it/ nodl official store: https://shop.lightning-solutions.eu Rise of the nodes medium post: article Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E59 · Thu, March 14, 2019
Dr Christian Decker of Blockstream, one of the world’s leading experts on Bitcoin and the Lightning Network, joins Stephan to talk in-depth about Bitcoin Lightning Channel Factories and Multi Party Channels. We talk about: Why Channel Factories might be desirable in the future Basic Overview Technical breakdown Risks Interaction with other Bitcoin/Lightning technology Technical Requirements Future Outlook on Lightning Network Christian Decker Links: Christian Decker Twitter: https://twitter.com/snyke Christian Decker Github: https://github.com/cdecker Blockstream: https://blockstream.com/ Scalable Funding of Bitcoin Micropamyne Channel Networks Paper: https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E58 · Mon, March 11, 2019
Chris Belcher, Bitcoin Privacy OG (JoinMarket, Electrum Personal Server) joins me in this must listen episode on Bitcoin Privacy fundamentals. Chris talks about multiple ways you can be deanonymised, as well as countermeasures available. We then talk more broadly about Bitcoin Privacy techniques. How your Bitcoin privacy can be broken Different mechanisms and tools to defend your privacy in 2019 Chain analysis and what it relies on JoinMarket Electrum Personal Server Chris Belcher links: Chris Belcher Twitter: https://twitter.com/chris_belcher_?lang=en Chris Belcher Reddit: https://www.reddit.com/user/belcher_ Bitcoin Privacy Wiki: https://en.bitcoin.it/wiki/Privacy JoinMarket Wiki: https://en.bitcoin.it/wiki/JoinMarket Electrum Personal Server: https://github.com/chris-belcher/electrum-personal-server Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Youtube: https://www.youtube.com/channel/UCDqPIrJSzHyyJpmH6wnxVxA?view_as=subscriber Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E57 · Sat, March 09, 2019
Alex Adelman, CEO and Founder of Lolli joins me to talk about How Newbies Can Earn Bitcoin. We'll be discussing: Psychology around bitcoin today Earning vs buying Privacy & security in a custodial world Merchant & consumer adoption Self sovereign, personal banking Alex Adelman and Lolli Links: Alex Adelman Twitter: https://twitter.com/alexadelman Lolli: http://lolli.com/ Lolli twitter: https://twitter.com/trylolli Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Subscribe on YouTube: https://youtu.be/LMckDmlehyc Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera
S1 E56 · Sat, March 02, 2019
Max Keidun and Roman Snitko (CEO and CTO of Hodl Hodl) join me to talk: Why they started Hodl Hodl, a P2P exchange How Hodl Hodl is different from the typical Bitcoin exchange Education of users Volume trends Prediction market announcement Baltic Honeybadger conference 2019 Max, Roman, Hodl Hodl & Baltic Honeybadger Links: Max Keidun: https://twitter.com/keidunm Roman Snitko: https://twitter.com/romansnitko Hodl Hodl: https://hodlhodl.com/ Hodl Hodl twitter: https://twitter.com/hodlhodl Baltic Honeybadger 2019: http://bh2019.hodlhodl.com/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/
S1 E55 · Mon, February 25, 2019
Shinobi (aka Bitcoin Twitter character @Brian_Trollz) joins me in this episode to discuss a range of topics: Problems with using Litecoin for paying with things Confidential Transactions and the different approaches The push for smaller blocks Different approaches to scaling Problems with sidechains and drivechains Shinobi / Brian Trollz links: Twitter: https://twitter.com/brian_trollz BlockDigest YouTube: https://www.youtube.com/channel/UCb53lXz2IzEFT5JNHSbdvPg Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/
S1 E54 · Thu, February 21, 2019
Justin Camarena of Bitrefill joins me to talk about his journey with Bitcoin Lightning development and pioneering Bitcoin Lightning payments at Bitrefill. We discuss: Learning Lightning development Pioneering Lightning payment at Bitrefill in the #reckless early days Bitrefill Thor service Lightning Channel Management Thoughts on Lightning custodial wallets What Lightning Network can enable Justin Camarena Links: Justin’s Twitter: https://twitter.com/juscamarena Bitrefill: https://www.bitrefill.com/ Bitrefill Twitter: https://twitter.com/bitrefill Bitrefill Thor lightning service link: https://www.bitrefill.com/thor-lightning-network-channels/ Other links mentioned: Turbo Channels: https://medium.com/@akumaigorodski/instant-channels-enable-safe-lightning-payments-with-unconfirmed-funding-8d640defa183 Alex Bosworth Channel Management talk: https://www.youtube.com/watch?v=HlPIB6jt6ww Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/
S1 E53 · Mon, February 18, 2019
Andreas M. Antonopoulos (best-selling author, speaker and bitcoin educator) joins me in this episode to talk about his views on Bitcoin Maximalism as contrasted with a multicoin view. Andreas and I disagree and present clashing visions. We also discuss other points such as whether Bitcoin challenges central banking more specifically, or banking generally. Andreas M. Antonopoulos links: Twitter: https://twitter.com/aantonop Youtube: https://www.youtube.com/user/aantonop Website: https://antonopoulos.com/ Episode Sponsor BUIDL Bootcamp: Website: https://buidlbootcamp.com/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Website: https://stephanlivera.com/
S1 Enull · Mon, February 11, 2019
Jack Dorsey (CEO of Twitter & Square) & Elizabeth Stark (CEO of Lightning Labs) join me to talk about the vision of Bitcoin as native currency of the internet. Bitcoin's principles, resilience, and being 'of the internet' are what make it special. In this special episode we discuss: How Jack came to understand Bitcoin and view it as potentially the native currency of the internet Why everyone is so excited about the Lightning Network Lightning Torch Square and the Cash App Twitter & Bitcoin Future internet business models possible with Lightning Network Bitcoin as foundational to the internet and society Jack Dorsey Links: Twitter account: https://twitter.com/@jack Square: https://squareup.com/ Cash App: https://cash.app/ Elizabeth Stark Links: Twitter account: https://twitter.com/@starkness Lightning Labs: https://lightning.engineering/ Lightning Labs Twitter account: https://twitter.com/@lightning Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss Patreon: https://www.patreon.com/StephanLivera Tallycoin (BTC/LN donations): https://tallyco.in/stephanlivera/ Website: https://stephanlivera.com/
S1 E51 · Tue, February 05, 2019
Dr Guido Hülsmann, Senior Fellow of the Mises Institute, and Economics Professor at the University of Anger, France, joins me in this very special episode. We talk about government monetary intervention compared with a free market in money. We discuss many topics: The process of government monetary intervention and deterioration in quality of money Which kind of monetary intervention is worst? Interaction of reserve requirements with capital requirements How businesses and banking differ in a free market economy versus our fiat money economy The tendency towards one most saleable good or money, even within the cryptocurrency world Comments on 'stock to flow' ratio and hard money Dr Hülsmann's economics book recommendations for listeners Dr Guido Hülsmann links: Website: http://www.guidohulsmann.com/ Guido Hülsmann's The Ethics of Money Production: https://mises.org/library/ethics-money-production Murray Rothbard’s What Has Government Done To Our Money?: https://mises.org/library/what-has-government-done-our-money Hans-Hermann Hoppe How Is Fiat Money Possible?: https://mises.org/library/how-fiat-money-possible-or-devolution-money-and-credit Ludwig von Mises Theory of Money and Credit: https://mises.org/library/theory-money-and-credit Huerta de Soto Money, Bank Credit and Economic Cycles: https://mises.org/library/money-bank-credit-and-economic-cycles Philipp Bagus In Defense of Deflation - https://www.springer.com/gp/book/9783319134277 Stephan Livera Links: Twitter: https://twitter.com/stephanlivera Website: https://stephanlivera.com/ Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss
S1 E50 · Sat, February 02, 2019
Rui Gomes & João Almeida (CTO, co-founder) of OpenNode join me in this episode to discuss why they turned down Roger Ver's $1.25M, as well as the vision of OpenNode in enabling Bitcoin & Lightning payments. Topics include: Background on OpenNode Service structure and fees Rejecting Roger Ver's $1.25M offer and why Why OpenNode is Bitcoin-only Comparison of OpenNode with self-hosted BTCPayServer approach How users can set up Getting tech support Plans over the next year or so Growth markets for Bitcoin Lightning payment OpenNode Links: OpenNode invite link (affiliate link): https://app.opennode.co/join/1b454baa-b233-45c0-8f0a-13893d4ae960 OpenNode website: https://www.opennode.co/ OpenNode twitter: https://twitter.com/opennodeco Rui Gomes Twitter: https://twitter.com/ruigomeseu João Almeida Twitter: https://twitter.com/joaodealmeida94 Stephan Links: Twitter: https://twitter.com/stephanlivera Website: https://stephanlivera.com/ Subscribe on iTunes: https://itunes.apple.com/podcast/stephan-livera-podcast/id1415720320?mt=2 Subscribe on Android: https://subscribeonandroid.com/anchor.fm/s/7d083a4/podcast/rss
S1 E49 · Thu, January 24, 2019
Marty Bent, host of the Tales From the Crypt podcast, and editor in chief of Marty's Bent joins me in this episode. We talk about Bitcoin content creation and curation, and also touch on the shifts in thinking from 'mainstream' economics required to understand Bitcoin. Marty Bent links: Twitter: https://twitter.com/MartyBent Marty's Bent Newsletter: martysbent.com Tales from the Crypt Podcast: https://anchor.fm/tales-from-the-crypt TFTC21 Podcast twitter account: https://twitter.com/TFTC21 Stephan Livera links: Twitter : https://twitter.com/stephanlivera Website: https://stephanlivera.com/ BTC/LN donation: https://tallyco.in/stephanlivera/
S1 E48 · Sun, January 20, 2019
Nicolas Dorier, a Bitcoin developer, joins me in this episode to talk about the open source project he started, BTCPayServer. BTCPayServer allows you to start accepting Bitcoin payments with 0% fees & no third-party. It is built with security, privacy and censorship-resistance at its core. We cover: Why Nicolas started BTCPayServer What BitPay did to drive Nicolas to start his own open source version Cost and ease of setting up BTCPayServer Hardware node products that can be configured with BTCPayServer built in Upcoming BTCPayServer features such as fiat exchange How you can get involved Nicolas Dorier & BTCPayServer links: Nicola Twitter: https://twitter.com/NicolasDorier BTCPayServer website: https://btcpayserver.org/ BTCPayServer YouTube: https://www.youtube.com/channel/UCpG9WL6TJuoNfFVkaDMp9ug BTCPayServer Github: https://github.com/btcpayserver/btcpayserver BTCPayServer Twitter: https://twitter.com/BtcpayServer BTCPayServer Slack: http://slack.btcpayserver.org/ Stephan Livera links: Twitter: https://twitter.com/@stephanlivera Website: https://stephanlivera.com/
S1 E47 · Tue, January 15, 2019
Giacomo Zucco, well known Bitcoin advocate, Supremo of BHB Network, and bitcoin consultant/teacher joins me in this episode. We talk: His Bitcoin 'rage quit'! The recent trend of Lightning Network custodial wallets, and whether this is on net a good or bad thing Thoughts on altcoins - are some of them honest, good faith efforts? Might they be technologically interesting, but still not monetarily relevant? Bitcoin financialisation - Does Bitcoin need financialisation or does finance need Bitcoin? Attacks on Bitcoin that may come Giacomo links: Twitter: https://twitter.com/giacomozucco Giacomo’s ‘rage quit’ thread: https://twitter.com/giacomozucco/status/1084411808734240769 The B: https://theb.foundation/ BHB Network: https://www.blockchainlab.it/ Stephan links: Twitter: https://twitter.com/@stephanlivera Website: https://stephanlivera.com/ Patreon: http://patreon.com/stephanlivera Tallycoin (BTC/LN donations): https://tallyco.in/stephanlivera/
S1 E46 · Tue, January 08, 2019
Sjors Provoost (Bitcoin Core developer) joins me to discuss a range of topics: Bitcoin Core Development and Review Working towards hardware wallet support in Bitcoin Core Sjors' article, "A Crime on Testnet" - with privacy & fungibility implications Sjors Links: Sjors Twitter: https://twitter.com/@provoost “A Crime on Testnet”: https://medium.com/provoost-on-crypto/a-crime-on-testnet-6d95ede8da03 Episode Ad/Sponsor: BUIDL Bootcamp with Justin Moon Learn to code Bitcoin: https://buidlbootcamp.com/
S1 E45 · Fri, January 04, 2019
Jeff Deist joins me to discuss Bitcoin and the application of Austrian economics in understanding Bitcoin. Topics: Market selection of money The potential for a hard money standard to restrict govt spending Why Austrian Economists are split on Bitcoin Why credit would be much tighter under a hard money standard The deflation and 'hoarding' argument - dispelled The educational strategy pursued by the Mises Institute Jeff's recommended Austrian economics books for Bitcoiners Jeff Deist and Mises Institute links: Jeff's Twitter: https://twitter.com/jeffdeist Mises Institute: https://mises.org/ Mises Institute Twitter: https://twitter.com/@mises
S1 E44 · Thu, January 03, 2019
Aleks Svetski (CEO, co-founder of Amber) joins me in this fiery episode to talk about the blind excesses of 'Crypto' over the last few years and more: - Crazy excesses that we saw over the last few years - STO's - Security Token Offerings - "Crypto Traders" - "Crypto Hedge Fund Managers" - Bitcoin as asymmetric bet - Dollar Cost Averaging - Amber and the service offering Aleks and Amber links: - Amber website: https://getamber.io/ - Aleks Twitter: https://twitter.com/AleksSvetski - Article "A world full of Blind Excess": https://hackernoon.com/a-world-full-of-blind-excess-b7fb42357d43 Stephan links: - Website: http://stephanlivera.com/ - Twitter: https://twitter.com/stephanlivera - Patreon: https://www.patreon.com/StephanLivera - Tallycoin (BTC/Lightning donations): https://tallyco.in/stephanlivera/
S1 E43 · Sat, December 29, 2018
Jameson Lopp, Cypherpunk & CTO of Casa, joins me in this episode to discuss a range of topics: What he's working on right now @ Casa "Who controls Bitcoin Core?", the article by Jameson 2018 Year in Review, thematically and by statistics Bitcoin storage and multi signature solutions Bitcoin helping enable individual sovereignty Grin & Beam Maintaining privacy with a Bitcoin transaction Jameson Lopp links: Jameson's Twitter: https://twitter.com/lopp "Who Controls Bitcoin Core?": https://medium.com/@lopp/who-controls-bitcoin-core-c55c0af91b8a Jameson's Bitcoin Resources page: https://lopp.net/bitcoin.html Casa: https://keys.casa/ Statoshi: https://statoshi.info/ Stephan Livera links: Site: http://stephanlivera.com/ Twitter: https://twitter.com/stephanlivera
S1 E42 · Mon, December 17, 2018
Adam Back, CEO of Blockstream, Cypherpunk & Cryptographer, and inventor of hashcash (cited in Bitcoin's whitepaper) joins me in this episode. We talk about the new update to Blockstream satellite, Tim May and Bitcoin Privacy. Topics: - Blockstream satellite background - How Blockstream satellite works - Making Lightning payments to deliver encrypted messages via satellite - The need for censorship resistance - Tips on setting up Blockstream satellite - Thoughts on Tim May's recent passing - Pay 2 End Point - Confidential Transactions and associated tradeoffs - Quantum Computing and Quantum Resistant Crypto - Other privacy improvements coming to Bitcoin - Technical Fundamentals of Bitcoin Adam Back & Blockstream Links: Blockstream satellite page: https://blockstream.com/satellite/ Elements Project page: https://elementsproject.org/ Adam’s website: http://adam3.us/ Adam’s twitter: https://twitter.com/@adam3us Stephan links: website: https://stephanlivera.com/ twitter: https://twitter.com/stephanlivera
S1 E41 · Mon, December 17, 2018
Dhruv Bansal, Chief Science Officer of Unchained Capital joins me to talk about some of his data science analytical work on Bitcoin's blockchain, and also how Unchained Capital are thinking about Bitcoin financial services. We discuss how Bitcoin enables entirely different delivery of financial products and services. One example of this is the new feature, Collaborative Custody. Topics: - Blockchain as heat engine - How much 'dust' there is and how much it costs to move - Bitcoin Financial Services - How Unchained Capital differentiates itself from other crypto lending businesses - Collaborative custody - Bear market blues - Future vision of Bitcoin financial services Dhruv & Unchained Capital Links: Bitcoin Data Science Part 3: Dust in the Engine: https://blog.unchained-capital.com/bitcoin-data-science-pt-3-dust-in-the-engine-615dd51f49 Dhruv’s twitter: https://twitter.com/dhruvbansal Unchained Capital site: https://www.unchained-capital.com/ Stephan Links: Website: https://stephanlivera.com/ Twitter: http://twitter.com/@stephanlivera
S1 E40 · Sun, December 16, 2018
Vijay Boyapati (Software Developer, Austrian Economist) joins me to discuss his 2010 article, "Why Credit Deflation Is More Likely Than Mass Inflation". Find out where economics commentators were getting it wrong immediately post the 2008 Global Financial Crisis, and ways to think about Bitcoin in the coming years. Vijay Links: Article discussed: http://libertarianpapers.org/articles/2010/lp-2-43.pdf Vijay's Twitter: https://twitter.com/@real_vijay Stephan Links: Website: www.stephanlivera.com Twitter: http://twitter.com/@stephanlivera Patreon: https://www.patreon.com/StephanLivera
S1 E39 · Tue, December 11, 2018
Laolu aka roasbeef, CTO of Lightning Labs joins me in this episode to talk about some of the latest developments with Bitcoin's Lightning Network: - Lightning Summit (Adelaide, Australia Nov 2018) - AMP - Splicing - Probing - Wumbology (large channels) - Neutrino - Wishlist for changes in Bitcoin Core - What products/services should be built on Lightning - What's coming up for Lightning Labs - Outlook for Lightning Network over the next year - How you can get involved Laolu links: Twitter: https://twitter.com/roasbeef Github: https://github.com/roasbeef Lightning Labs: https://lightning.engineering/ LND Developer site: https://dev.lightning.community/ Stephan links: Website: https://stephanlivera.com/ Twitter: https://twitter.com/stephanlivera
S1 E38 · Sat, December 08, 2018
Per Bylund (Assistant Professor at OSU and Fellow of Mises Institute) joins me to discuss how some firms today are larger than what they would be under a free market. The impact of regulation and ways to assess competition in a market are discussed. We also touch on the confusion about scarcity and 'post scarcity'. Per Bylund Links: Per’s Twitter: https://twitter.com/PerBylund Per’s website: http://perbylund.com/ Per’s Books: https://www.amazon.com/Per-L.-Bylund/e/B00LMNLBCU Entrepreneur articles: https://www.entrepreneur.com/author/per-bylund Stephan Livera: Website: https://stephanlivera.com/ Twitter: https://twitter.com/stephanlivera
S1 E37 · Tue, December 04, 2018
Rene Pickhardt, a Bitcoin/Lightning educator, and rising star in the world of Lightning joins me to talk about the Lightning Network. We discuss: - How he got into Lightning - Involvement in the Pirate party - The recent Lightning Summit in Australia - Upcoming Lightning tech - Routing Rene Pickhardt Links: Rene’s Youtube: https://www.youtube.com/user/renepickhardt Rene’s Twitter: https://twitter.com/renepickhardt Rene’s Github: https://github.com/renepickhardt
S1 E36 · Thu, November 29, 2018
Justin Moon (Founder/Instructor, BUIDL Bootcamp), joins me in this episode to discuss how he came into Bitcoin recently and started doing presentations, Bitcoin application coding and now teaching Bitcoin development to students. We talk about non traditional paths to careers such as software development, and also talk through the structure of BUIDL Bootcamp. Justin links: BUIDL Bootcamp: https://buidlbootcamp.com/ Justin Moon Twitter: https://twitter.com/_JustinMoon_ Justin Moon Youtube: https://www.youtube.com/channel/UCLp4OswuHySZZ3zrVBIoDjg/videos Stephan: Website - https://stephanlivera.com/ Twitter - https://twitter.com/stephanlivera Patreon - http://patreon.com/stephanlivera
S1 E35 · Sat, November 24, 2018
Pierre Rochard (Noded Podcast, Nakamoto Institute, Bitcoin Advisory) joins me in this episode to talk about his new Bitcoin Lightning "Power" Excel Plugin, which allows you to tinker with Lightning right inside MS Excel! We also talk about his recent experience at the Chaincode Lightning Residency, and various other topics on what kind of work is needed in Bitcoin & Lightning. Pierre Links: Pierre’s Lightning Power Users: https://www.lightningpowerusers.com/ Pierre Rochard Lightning Residency write ups: https://medium.com/@pierre_rochard/day-1-of-the-chaincode-labs-lightning-residency-ab4c29ce2077 Noded Podcast: https://noded.org/ Nakamoto Institute: https://nakamotoinstitute.org/ Stephan Livera podcast links: Website: https://stephanlivera.com/episode/35 Subscribe on Apple: https://itunes.apple.com/au/podcast/stephan-livera-podcast/id1415720320 Support on Patreon: https://www.patreon.com/StephanLivera Follow/Message me on Twitter: http://twitter.com/stephanlivera
S1 E34 · Sat, November 17, 2018
Dan Held (Co-Founder Picks & Shovels) has been writing influential articles and joins me in this episode to share his perspectives on being in Bitcoin for 6 years. We discuss what the real narrative was around Bitcoin in the early days, and how some Bitcoin Heroes turn and become Bitcoin Villains. We also discuss how to survive in Bitcoin, as well as broader investment discussion on what 'capitulation' looks like in a Bitcoin bear market.
S1 E33 · Sat, November 10, 2018
Kara Haas, CPA joins me to discuss Bitcoin auditing and accounting. Especially in relation to Tether, there are many people confused about what an audit is, versus an attestation. And with the Bitmain IPO, some confusion on the correct accounting treatment for Bitcoin. As an accountant and auditor in the field, Kara is able to shed some light on this.
S1 E32 · Sun, November 04, 2018
Rigel Walshe (aka CoinsureNZ) joins me to talk about his recent viral adventures in sending Bitcoin transactions without internet on the device itself. His recent stories lit up social media and showed real world usage of TxTenna, a collaboration between GoTenna (mesh networking) and Samourai Wallet (Bitcoin wallet project focused on privacy).
S1 E31 · Wed, October 31, 2018
Patri Friedman, MD of Zarko Investment Group and a leader in the seasteading movement joins me to talk about how Bitcoin & Crypto will enable greatly freer markets around the world. We talk about Bitcoin maximalism, Crypto parallels with the dotcom bubble, jurisdictional competition, seasteading and start up cities, law as technology, and more. We also discuss David Friedman's thoughts on Bitcoin & Crypto, and what Patri's late grandfather, Milton Friedman, would have thought on Bitcoin.
S1 E30 · Mon, October 29, 2018
Zac Prince, Founder and CEO of BlockFi joins me in this episode to talk about the incredible benefits of Bitcoin as collateral for USD loans. We talk about the 'double whammy' of how it can be used to minimise capital gains taxes, and get an interest deduction on the use of funds. Bitcoin also makes it easier to provide global debt financing in countries where it has traditionally been difficult to operate USD lending.
S1 E29 · Thu, October 25, 2018
One of the pseudonymous founders of Samourai Wallet joins me in this exciting episode to talk about Bitcoin privacy techniques that are applied within the wallet and upcoming improvements to their Bitcoin wallet app. Anyone interested to learn more about how Samourai Wallet helps protect privacy will truly enjoy this episode.
S1 E28 · Mon, October 22, 2018
Francis Pouliot and Etienne Larrivee (CEO Satoshi Portal and Lead Developer Cyphernode), join me to talk about their newly released open source Bitcoin self-hosted API allowing you to more easily build Bitcoin services and applications. This enables businesses and users to reduce their reliance on commercial Bitcoin APIs, while still offering advanced features and utilities.
S1 E27 · Sat, October 20, 2018
Steve Barbour (Founder, Upstream Data) joins me to discuss how he is turning stranded natural gas into Bitcoin mining hashes. His HashGen product uses low value natural gas to improve the economics for Canadian Oil and Gas facilities, while powering Bitcoin mining ASICs. In this discussion we also talk about the 'bitcoin energy use is wasted' narrative, and how bitcoin mining was centralised in the past, but is now decentralising.
S1 E26 · Sat, October 13, 2018
Jeremy Welch (Founder of Casa) joins me in this episode to talk about crafting a business around the concept of safely storing bitcoin. We talk about the ethos of Casa, designing services for a sovereign individual, securing top tier talent, and Casa products.
S1 E25 · Tue, October 02, 2018
Sergej Kotliar, CEO of Bitrefill joins me to discuss taking bitcoin and lightning payments as an online merchant. We talked about the challenges and benefits of doing this, particularly in how lightning network simplifies the user experience and reduces errors. In the second part of the episode, we talk about 'earner adoption' - the idea that bitcoin's ecosystem can grow from people earning it.
S1 E24 · Thu, September 27, 2018
Adam Ficsor (nopara73), a Bitcoin privacy developer and CTO of zkSNACKs joins me to talk about his new wallet, Wasabi Wallet. We talk about: Privacy being for everyone Comparison with other privacy projects, such as Monero, or other Bitcoin mixing services ZeroLink framework How your Bitcoin Privacy can be broken How chain analysis works What Wasabi Wallet does to break chain analysis heuristics Upcoming Wasabi Wallet launch
S1 E23 · Thu, September 20, 2018
Rusty Russell, a well known and respected Bitcoin Lightning developer at Blockstream joins me in this episode. We talk about his article, The Three Economic Eras of Bitcoin, and discuss the Lightning Network for Bitcoin. Lastly, Rusty draws from his prior experience as a Linux kernel developer to contrast Linux development with Bitcoin and Lightning development practices and culture.
S1 E22 · Mon, September 17, 2018
Udi Wertheimer (Bitcoin software developer) joins me to discuss the use of unnecessary crypto-tokens, why some people do it, the use of non-crypto tokens in gaming, unnecessary blockchains, #reckless lightning development, and what he is looking forward to in Bitcoin and Lightning.
S1 E21 · Sat, September 15, 2018
Jimmy Song (Bitcoin Educator, Developer, and Entrepreneur) joins me in this episode to discuss his recent debate with Roger Ver, and in the second half we also discuss Blockchain skepticism. We separate the signal from the noise on 'enterprise blockchain' technology by discussing the true costs and difficulties involved, and then discuss some alternatives to 'enterprise blockchain'.
S1 E20 · Sun, September 09, 2018
Samson Mow, CSO of Blockstream (leading provider of blockchain technologies) joins me in this episode to discuss a variety of topics: Bitmain IPO, mining centralisation Errors of cryptocurrency 'diversification' When it makes sense to use a blockchain, when it doesn't Why Blockstream builds mostly on bitcoin Blockstream products Cryptocurrency Data feed, and Liquid network Privacy Bitcoin Fee Market Samson's Hat sales and blog
Sat, September 08, 2018
Vortex (Jeffrey), a software developer and well known bitcoin YouTuber joins me in this episode to talk about the Bitcoin ecosystem. This interview is targeted for newbies to bitcoin, to help them understand the key components of the Bitcoin ecosystem. We also discuss: the Cryptocast network, the role of nodes in Bitcoin, Bitcoin development, his course Programming with Bitcoin, Fintech vs FinUI, and his outlook for the future.
Mon, September 03, 2018
Daniel Alexiuc (CEO of Living Room of Satoshi) joins me in this episode to discuss how he is pioneering Bitcoin and Lightning Network payments in Australia, both on his website LROS, and also as a partner with Travel By Bit. We discuss: his viral video using LN to buy a coffee in Brisbane airport (May 2018), why blockchains aren't a good payment system, use of both C-Lightning by Blockstream and Lnd by Lightning Labs, crypto payment volumes increasing, use of BTCpay, and outlook for the future.
Sat, September 01, 2018
Vijay Boyapati (Software engineer, Austrian economist) and I discuss the coming Bitmain IPO, the economic errors behind BCash, rumours of Facebook entering Crypto, reframing scarcity, hard money in earlier times, and how Bitcoin might fare in a broader market crash.
Wed, August 29, 2018
Akin (Beautyon_) and I discuss what led him to Bitcoin, his Bitcoin business Azteco, stances on Bitcoin and regulation, the importance of keeping Bitcoin simple, Open source software versus closed source software, and Samurai Bitcoin wallet.
Fri, August 17, 2018
Stephan Kinsella, Intellectual Property lawyer, and libertarian advocate joins me in this episode to discuss: His story with bitcoin Money as Sui Generis Good The imprecise application of Lockean property theory Why you can't own bitcoin, but it probably doesn't make a big difference anyway The harmful effects of patents and copyright 'Internet Censorship' as it relates to property rights and ownership of private social media platforms
Fri, August 17, 2018
Jeff Gallas is the Founder of Fulmo and lead organizer of #LightningHackDay. We talk about the community of pioneers who are building lightning applications, and related hardware. We also talk about the upcoming Lightning Hack Day on September 1st.
Thu, August 16, 2018
In this episode, we talk through emerging market currency crises, and his new 5 part article series on Bitcoin as Ultimate Asset. We contrast differing monetary views, why it doesn't make sense to spend bitcoin right now, Medium of Exchange vs Method of Payment, and fallacies of 'Medium of Exchange only' cryptocurrencies.
Tue, August 14, 2018
Hass McCook and I discuss the Bitcoin mining market and his recent research, "The Cost and Sustainability of Bitcoin". We cover key bitcoin mining metrics, bitcoin mining cost price ranges, the Bitcoin Price - Mining Hash Rate relationship, the evolution of bitcoin mining over the past 3 years, and compare Bitcoin mining costs vs Gold mining.
Sun, August 12, 2018
Pierre Rochard (co-founder Nakamoto Institute, co-host Noded podcast) and I talk through Bitcoin's Decentralised Governance. This is the process by which Bitcoin's rules are decided, implemented, and enforced without having a central authority. Some topics covered: The different parties involved Network Governance Bitcoin has no central authority Process of Research, Proposal, Implementation, Deployment, Enforcement Schelling Points
Sat, August 11, 2018
Nic Carter and Hasu join me to discuss the multitude of changing visions of Bitcoin, and also a Transaction Batching analysis they performed. We discuss how the narratives and attitudes in Bitcoin have changed over time as different constraints surfaced. In the second half, we discuss bitcoin transaction batching, and more appropriate ways to think about the number of bitcoin transactions.
Sat, August 11, 2018
Bryan Vu, VP of Product at Lightning Labs joins me in this episode to sketch out a vision of what Lightning Network may evolve into. We discuss Lightning User Experience and Routing, and the benefits to users, merchants and exchanges.
Thu, August 09, 2018
Murad and I explore a range of economic thought about Bitcoin and cryptocurrencies in a fascinating interview discussing the path to Bitcoin as 'monetary winner'. As a prolific writer and analyst in Bitcoin, Murad is very well read and articulate. We discuss: His articles, how Bitcoin is ushering in an era of unprecedented peace and prosperity, a framework for monetary Store of Value criteria, and more.
Sat, August 04, 2018
In this episode with Nik Bhatia, we talk about the potential for forming capital markets on top of Bitcoin and the Lightning Network, by calculating an interest rate (LNRR - Lightning Network Reference Rate) based on the routing fees earned in staking BTC to Lightning Network payment channels.
Fri, August 03, 2018
In this episode with Bitstein, we break down Paul Krugman's errors in his NYT "Transaction Costs and Tethers: Why I’m a Crypto Skeptic" column, as well as other topics: Mischaracterisation of what money's purpose is Krugman's 'nirvana fallacies' in money Why fiat money is an aberration and more akin to a 'fad diet' than bitcoin or gold are Why Everyone Is a Scammer and the Scammer heuristic Bitcoin Maximalism - is it descriptive or prescriptive? UNIX philosophy
Thu, August 02, 2018
In this episode with Neil Woodfine, we talk about the changing face of Bitcoin education and common errors in reasoning about Bitcoin and 'token economics'. Some topics we touch on: Bitcoin in Beijing Bitcoin education in the early days vs Bitcoin/Crypto education now Incentives of unnecessary tokens Bitcoin is not 'backed by' stored energy Intolerance of bitcoin versus it merely being a superior money Skin in the game of Bitcoiners versus other projects such as Ethereum
Sun, July 29, 2018
In this collaboration episode with JW Weatherman, we talk about some of the reasons why Bitcoin is best, versus the altcoins. We also discuss some of the security flaws and problems with the design and execution of altcoins such as: Bcash, EOS, Ethereum, Ripple, Monero, Zcash
Sun, July 29, 2018
Pierre Rochard joins us in this incredible episode to discuss the case for investing in Bitcoin. Pierre shares insights and thoughts from his years of being in the Bitcoin space, and offers improved ways of thinking about Bitcoin investment.
Sat, July 28, 2018
In this episode with Vijay Boyapati, we discuss economics of Bitcoin. Most interesting is the concept that over time, more and more people are being 'mentally captured' by Bitcoin. Some other points discussed: Bitcoin progressing through stages of 'moneyness' Hype cycles of bitcoin HODL'ing as freeriding Confidence in Bitcoin
Mon, July 23, 2018
Stephan interviews Saifedean Ammous, Austrian Economics Professor and author of The Bitcoin Standard. In this podcast episode we take a deep dive into the case for Bitcoin as sound money, and what is potentially the hardest money the world has ever seen.
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