Satoshi's Plebs

Hosts McIntosh and Kenshin discuss their frustrations with Bitcoin, focusing on security concerns for holders, lack of built-in privacy features, and toxic community drama. They also analyze why Trump isn't truly the "Bitcoin president" despite his rhetoric. The episode covers recent regulatory threats to Bitcoin privacy tools and updates on market conditions. Stick around to the very end for the...

In episode 225 of "Satoshi's Plebs," hosts McIntosh and Kenshin debunk eight Bitcoin myths: that it has no intrinsic value, is mainly used by criminals, wastes energy, is too volatile for currency use, will be banned by governments, has slow/expensive transactions, will be replaced by better cryptocurrencies, and is a Ponzi scheme. They counter each myth with evidence about Bitcoin's utility, legi...

McIntosh and Kenshin discuss the renewed controversy around Bitcoin Core's plan to remove OP_return limits in version 30, which would allow unlimited data uploads to the blockchain. The hosts strongly oppose this change, arguing it enables spam and goes against Bitcoin's purpose as peer-to-peer electronic cash. They advocate for Bitcoin Knots as an alternative, which now represents 18% of public n...

McIntosh interviews SeedSigner from the open-source SeedSigner project, discussing the volunteer-driven Bitcoin signing device that uses general-purpose hardware and stateless operation for enhanced supply chain security. The conversation covers recent developments including multi-language support and the new SeedSigner Plus with a larger display, improved ergonomics, and USB-C connectivity. SeedS...

Kenshin and McIntosh discuss a key bullish signal from Coinbase where institutional trading volumes have reached 75% of total activity. According to research from Charles Edwards at Caprio Investments, this metric has historically predicted Bitcoin price increases within seven days every time it occurs. The pattern previously triggered significant price movements. Institutions are currently buying...

In this episode, hosts McIntosh and Kenshin dive deep into Joinster, a revolutionary decentralized CoinJoin implementation that leverages Nostr technology to address Bitcoin's privacy challenges. With major privacy services like ZKSnacks and Samourai shutting down recently, the Bitcoin community has been searching for viable alternatives, and Joinster emerges as a promising solution. The hosts cov...

In this episode, McIntosh and Kenshin tackle one of Bitcoin's most critical aspects: proper seed phrase backup strategies. They explore various backup methods from basic pen-and-paper solutions to advanced metal stamping and creative approaches like hiding seed phrases in books. The hosts discuss essential security practices including backup redundancy, geographic distribution, inheritance plannin...

In this episode, host McIntosh explores the question "Is your bitcoin safe?" through an interview with Andreas, the creator of Bitcoin Safe, an open-source desktop Bitcoin wallet focused on savings and security. Unlike mobile wallets designed for daily spending, Bitcoin Safe requires hardware signers for all mainnet transactions and specializes in multi-signature wallet setups. Andreas emphasizes...

In this episode of Satoshi's Plebs, McIntosh explores the concept of preparing for a million-dollar Bitcoin, arguing that Bitcoin will either reach that milestone or go to zero - and the latter seems highly unlikely at this point. Drawing from Bitcoin's historical performance, he notes that investments have often seen 10x returns over five-year periods, suggesting current prices around $118,000 co...

This week McIntosh and Kenshin dive deep into the "Printer Go BRRR" meme that became a serious economic discussion during COVID. They explore what M2 money supply actually means and how it's grown consistently at 6-8% annually for decades, with a shocking 40% spike during 2020-2021. The hosts discuss how this money printing directly correlates with real inflation rates, which are much higher than...

McIntosh challenges Michael Saylor's "never sell your Bitcoin" messaging, arguing it contradicts Austrian economics principles and Bitcoin's purpose as money. Use the text of some of the greats of Austrian Economics it's time to take a hard look at a prominent Bitcoin meme and the possibilities of the destruction of Bitcoin's utility. Stick around to the very end for the v4v track, “Live For Tomor...

McIntosh and Kenshin tackle 12 listener questions covering a wide range of Bitcoin and Nostr topics. Key Topics Discussed: Security practices for Bitcoin custody and inheritance planning Corporate Bitcoin adoption vs. pleb ownership concerns Future of running Bitcoin nodes on mobile devices Value-for-value podcast model evolution Post-state society possibilities with Bitcoin and Nostr Hyper-bitcoi...

Join McIntosh and Kenshin as they explore Bitcoin's ultimate endgame—what happens when the last Bitcoin is mined in 2140 and the network transitions to a fee-only economy. This isn't speculation; it's mathematical certainty built into Bitcoin's code. While most people focus on short-term price action, this episode takes the ultimate long view. The hosts examine what Bitcoin looks like over a centu...

Think Bitcoin's "too late" because 95% of the supply is already mined? Think again. While mainstream media spins this as bad news, we explain why this scarcity is exactly what makes Bitcoin so powerful for regular people. The nearly-complete supply isn't Bitcoin's weakness—it's its superpower. We break down why scarcity benefits plebs over institutions, how the final 5% will take over 100 years to...

McIntosh and Kenshin dive deep into legitimate methods for acquiring Bitcoin without Know Your Customer (KYC) requirements. They explore the privacy benefits, trade-offs, and practical approaches for stacking sats while maintaining financial privacy. News and Notes https://atlas21.com/spanish-company-vanadi-coffee-bets-on-bitcoin-1-1-billion-investment/ Stick around to the very end for the v4v tra...

In this episode, McIntosh and Kenshin tackle one of the biggest mental blocks new Bitcoiners face: unit bias. They explain why thinking you can't afford Bitcoin because you can't buy a whole coin is holding back adoption and share strategies for overcoming this psychological barrier. News and Notes https://block.xyz/inside/block-to-roll-out-bitcoin-payments-on-square https://atlas21.com/texas-one-...

You need to know how to actually secure your Bitcoin beyond leaving it on an exchange! In this episode, Kenshin and McIntosh break down everything you need to know about Bitcoin wallets — the foundation of true self-sovereignty. You'll discover why wallets don't actually store Bitcoin (they manage your private keys), the critical difference between hot and cold storage , and how to properly backup...

Ever wonder what happens to your Bitcoin transaction after you hit send? In this episode,  Kenshin and McIntosh dive deep into the mysterious world of the mempool — the holding area for unconfirmed Bitcoin transactions. You'll learn why transactions get delayed, dropped, or stuck, and how to avoid overpaying on fees with tools like RBF (Replace-by-Fee) and CPFP (Child Pays for Parent) . News...

In this deeply passionate episode, McIntosh and Kenshin tackle the growing controversy around a recent Bitcoin Core pull request proposing the removal of the OP_RETURN size limit, which would allow arbitrary data to be stored on-chain—potentially opening the door to blockchain bloat and spam. News and Notes https://cointelegraph.com/news/new-hampshire-bitcoin-reserve-law https://www.coindesk.com/p...

Kenshin and McIntosh break down the what , why , and how of running a Bitcoin node. They cover the benefits—privacy, self-validation, and network decentralization—and explore options for both technical and non-technical users. News and Notes https://atlas21.com/companies-acquire-nearly-100000-bitcoin-in-a-single-month/ https://atlas21.com/bitcoin-mining-reaches-52-4-sustainable-energy-use-cambridg...

McIntosh and Kenshin dive into Bitcoin’s massive breakout and its ripple effects across tech, finance, and geopolitics. With Bitcoin briefly overtaking Amazon, Google, and even silver in market cap, the plebs break down what’s fueling this rally—and what it means for the future. Stick around to the very end for a new v4v track, “Jump Right In” by DJ Yo! Bitcoin  Price at Time of Recording Apr...

Today we discuss the myriad of ways that you can spend your Bitcoin, Bitcoin adoption rates, overtime in Sweden and an exciting announcement about the next step for Satoshi's Plebs. Stick around to the very end for a new v4v track, “Too Young For Growing Up” by Matt Johner ! Bitcoin  Price at Time of Recording April 16th, 2025: 83,750 USD | 73,650 EUR Block Height at Time of Recording 892,712...

The world seems like it is on fire. The US stock market has dropped about 15% in a three day trading period. Tariff talk abound. Bitcoin hit levels we haven't seen in a number of months.  Where is this going? Is the President of the US insane? What's the point of all this? And how can you navigate this turbulent environment? Stick around to the very end for a new v4v track, “Too Young For Gro...

This week McIntosh breaks down the "epoch" and how that contributes to the cycles of Bitcoin. Also we take a look at how tariffs will affect Bitcoin mining with a dash of geopolitical talk.  Stick around to the very end for a new v4v track, “Too Young For Growing Up” by Matt Johner ! Bitcoin  Price at Time of Recording April 2nd, 2025: 82,641 USD | 75,706 EUR Block Height at Time of Reco...

We are back after a short break with a deep dive into the world of Nostr relays — what they are, how they work, and why they matter. Stick around to the very end for a new v4v track, “Daydreamer” by Ainsley Costello! Bitcoin  Price at Time of Recording March 26th, 2025: 86,900 USD | 80,800 EUR Block Height at Time of Recording 889,569 News and Notes France Rejects Back Door Mandate Auradines...