Bitcoin Audible

"They’re passing the torch. And the torch is being received by entities who care less about ideology and more about returns. BlackRock doesn’t care about “being your own bank.” They care about portfolio diversification and risk-adjusted returns. Is that a loss? In some ways, yes. Bitcoin will probably never again have the radical energy it had in its early years. The days of 100x returns in a sing...

"The necessity for guys to be around other good guys and girls to be around other good girls… we had that really well structured all throughout history. We fucked it all up over the last of the last hundred years when we mixed everything together. And the price we're paying for it is that guys are more like women now and women are more like guys. And you start to lose the tension. Because what you...

“Live by the mNAV, Die by the mNAV”. What happens when financial alchemy meets the hardest money in history? In this episode, we explore how Bitcoin treasury companies may be repeating the speculative sins of the 1920s—where reflexivity, leverage, and overconfidence turned “innovation” into collapse. The question is: will Bitcoin break the curse, or amplify it? Check out the original article Read_...

"In 1929, one of its largest holdings was the Shenandoah Corporation. Another closed-end fund, organized by Goldman Sachs… that became a large investor in its stock. All these funds traded at Premia. At the top of the pyramid, the Goldman Sachs Trading Corporation traded at a premium to a premium to a premium to net asset value." In the Roaring Twenties, Goldman Sachs built a pyramid of trusts on...

"What distinguishes this speculative attack from its Weimar predecessor is that now - thanks to Bitcoin, Bitcoin Treasuries, Money Printer Go Brrr memes, and social media - it is nearly impossible for public opinion to misconstrue the economic consequences of the inflation. The speculative attack has evolved from a relatively obscure trading strategy during the Weimar Republic into a coordinated,...

"If you have this disconnect between Core devs that value one thing and the users that value something else, something's got to give at some point, right? Either you get developers that are more in line with the users or a lot of the other users kind of end up leaving and so on. So this is not a trivial concern and it's a big attack surface and we've seen it in these communities where a lot of thi...

"Payments are the camcorders of our age, the next technology whose time has passed. The new age that is just beginning will feel qualitatively different, like the moment Dorothy steps out of her black-and-white world into the vibrant colors of Oz. When value flows as freely as information, the economy changes, and society changes with it." ~ Roy Sheinfeld What happens when money moves as freely as...

"One of the founding tenets of anarcho-capitalism [is] that in a world without a government, you would have insurance contracts as the means for negotiating, disputing things. This actually goes into the original fire departments were actually insurance companies. You'd purchase fire insurance from a particular purveyor of fire insurance and you would actually stamp on the cornerstone of your buil...

In this episode, I read and explore “Why Bitcoin is Freedom Money” by the Human Rights Foundation, written by Alex Gladstein - a powerful look at how Bitcoin is quietly reshaping the fight for human rights and financial freedom across the globe. From Nigerian activists to Afghan educators and Cuban citizens defying economic isolation, this read highlights the practical, real-world stories of peopl...

**"When you hold the Bitcoin yourself, you already have the control over it that you don't get with any other custodial financial instrument. And I think that people need to think about that more because you can come to Bitcoin… because… it sounds good, I'm going to invest my dollars, and I'm going to get the Bitcoin, the Bitcoin is going to become worth more than the dollars over time, that's usu...

They call it “financial inclusion,” but it’s anything but. Whether's it's Vietnam’s mass bank-account purge, India’s new censorship engine, or Lagarde's demands to "accelerate" control before democracy gets in her way, governments are racing to move the world into a monetary dystopia. I break down the latest Financial Freedom Report and explain why this rising wave of surveillance could be the ver...

We are back with the roundtable and today we tackle news from the privacy war frontlines, new and old surveillance laws, stablecoins on Bitcoin, a precedent for failed CBDCs, is Luke actually planning a fork, Protonmail's battle with Switzerland, biometric banking lockdowns, and so much more. Plus the incredible feat of the bitcoin network's computing power and why 1 Zetahash marks a staggering mi...

Is layered self-custody really secure in a future of rising Bitcoin fees, or are we all just living in a gray area of trust and compromise? I dive into Shinobi’s article and unravel the hidden mechanics behind what it actually costs to enforce your claim on-chain—and why the line between custodial and non-custodial is blurrier than we want to admit. Check out the original article The Cost Of Self...

"The atomic economy and Synonym's mission is to research, design and ship a working free market society. So not just a free market economy, but a free market society. /CUT/ So it replaces government, it replaces big tech, it replaces big banks, it replaces Visa, MasterCard, you know, everything. Everything you would want to do in a network is represented here as part of the economy." ~ John Carval...

Bitcoin mining is both one of the coolest and most unique aspects of the Bitcoin system, and it's also one of the most deeply misunderstood parts of it. In my effort to make this crazy thing make some amount of sense, I toss my hat into the ring to explaining why mining is actually one of the most profound, and fascinating parts of Bitcoin, that make it a truly revolutionary discovery. So… Why is...

"All of the above did have an impact, however their impact is often overstated in our view. The most significant factor is culture. Some Bitcoiners and Bitcoin developers simply did not want this type of activity on the Bitcoin blockchain and they successfully discouraged it." ~ BitMEX Research Did Bitcoin’s culture - not its code - push DApps to Ethereum? I read the “OP_RETURN wars” history and t...

"It's that old saying, right? It's that meme. It's like, however bad you think it is, it's going to get worse, right? But at the same time, it's also going to get better. So be very bearish on fiat. Be very bullish on Bitcoin. This system, it's going to get worse. The collateral problem and the fail to deliver problem is going to get worse. Your shares that you own in brokerage aren't really yours...

"Technology is always and everywhere a tool, not an autonomous agent. It requires humans to operate, which they will do in order to satisfy human desires." When we say "technology" saves labor, what we really mean is it leverages labor. It gives to labor powers that were previously impossible, inconceivable even. Only in the aftermath of witnessing its novel capabilities do we articulate that a ca...

In this episode, I break down the ticking time bomb of global debt and why it’s unsustainable. The exponential growth of debt, fueled by central banks artificially manipulating interest rates, is suffocating economies and eroding living standards. Bitcoin emerges as the only sound solution to this crisis, offering a perfect form of collateral that can’t be manipulated or inflated away. This isn’t...

"The whole MNav trade, it has as much implied leverage on the way down as it does on the way up. I have a lot of sympathy for the idea that actually this is what triggers the next bear market, that there's so much leverage introduced via this mechanism that not only do a lot of the treasury companies themselves get wiped out, but the sell pressure is so severe that it impacts Bitcoin as a whole."...

What happens when our obsession with building the “perfect protocol” blinds us to the real problems users want solved? It's time to slay some sacred cows. In this conversation, we unpack the hype around Nostr, the pitfalls of developer-first thinking, and the lessons Bitcoiners should learn if we want adoption that truly matters. Check out the original article Nostr Unpopular Opinions by Aleks Sve...

"Up until a few months ago, the best developers played the violin. Today, they play the orchestra." ~ Justin Searls Is AI rewriting what it means to code? In this episode, I dive into “Six Weeks of Claude Code” and reflect on how LLMs are changing the experience of building apps, troubleshooting problems, and exploring ideas. Are these tools just fancy autocomplete, or the start of a “photography...

The boys are back for another Roundtable, and as usual, it’s part tech talk, part therapy session, and a little bit of news thrown in. Steve rants about Lightning, Mechanic goes to war with Core devs, Jeff wrestles with immigration paperwork, and I try to keep the whole circus on the rails. We cover everything from spam filters and node drama to modular mining rigs that might finally make Bitmain...

Around the world, Bitcoin is colliding with power. Russia tracks miners, Pakistan builds a digital rupee, and activists quietly test new tools for freedom. In this episode I unpack the latest Financial Freedom Report, explore breakthroughs like Block’s modular “Proto Rig” and the ARK protocol, and ask: can these innovations keep Bitcoin uncensorable? Check out the original articles over at HRF's F...

"There have never been more tools available to the individual than there have been today. And it's like cryptography is like the thing. I **f cryptography is like the wheel, like we invented the wheel. Okay, cool. We have a wheelbarrow and we have a cart and stuff like that. Bitcoin is now like this engine that is enabling these wheels to turn at a rate that a lot of people are sleeping on." ~ Ave...