Satoshi's Plebs

Our privacy discussion continues with talk of two fundamental methods of achieving privacy on the Bitcoin chain. This will help to give you the needed information to make choices about how you will achieve online privacy.  Bitcoin Price $46,611 Block height at time of recording 825,353 Music Credits Protofunk by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4247-protofunk License:...

This week we begin a discussion of privacy principles and how they are implemented in Bitcoin. As government overreach becomes more common and the ability to gather vast amounts of data about everyone becomes easier and more cost effective the right to financial privacy becomes ever more important. Join us as we tackle this thorny issue! Bitcoin Weekly Closing Price $43,948.71 Block height at time...

Welcome to the first episode of Satoshi’s Plebs! This week, we wrap up the year with a look at what happened in 2023 as well as a look forward to what we can expect in 2024 in both Bitcoin and the finance/economy in general. Block height at time of recording 823,771 Bitcoin Price at time of recording $42,629 Music Credits Protofunk by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4247-...

Today we talk about the US Treasury and their desire (and proposal) to regulate cryptocurrencies. Also, this episode marks the last episode of Generation Bitcoin and I reveal the new name of the podcast as we move forward into 2024. Merry Christmas, Happy Holidays and Happy New Year! BTC price at weekly close: $37,739 Block height at time of recording: 819,165 News and Links https://subscriber.pol...

This week we cover a variety of topics including the largest transaction fee ever for a Bitcoin Block (85.2163  BTC!!!!), the continued pain in the Bitcoin mining industry caused by the race to 500 EH, Milei's plans to shutter the Argentine Central Bank and my extensive plans for December's hiatus.  BTC price at weekly close: $37,454 Block height at time of recording: 818,653 News and No...

As the United States celebrates Thanksgiving, I reflected on the need for censorship resistant Bitcoin. A recent incident with the F2Pool illuminates the need for active participation in what is allowed to flow through a mining pool and the need for constant vigilance by the miners. Remember, Bitcoin is for everyone! BTC  at time of recording: $37,116 Block height at time of recording: 818,12...

Today's election of a libertarian candidate to the presidency of Argentina is bound to cause waves in world politics. With inflation approaching 150% something needs to change. Time will tell if this is the right move. BTC  at time of recording: $37,347 Block height at time of recording: 817,565 News and Notes https://www.cnn.com/2023/11/19/world/argentina-vote-milei-massa-nov-19/index.html A...

The regulatory bodies like FinCEN are slowly strangling the financial systems of the United States. These unelected and unaccountable bureaucrats are creating more and more regulations that violate our fourth amendment rights. What can Bitcoiners do? And why is Swan Bitcoin involved? BTC  at time of recording: $37,070 Block height at time of recording: 816,555 News and Links Yan's Twitter Pos...

As the bull market shows every signs of beginning to take off it's time to talk about your mindset. The coming days will test your mettle. Now is the time to prepare for the next two years. Make the major decisions ahead of time and don't be making decisions you will regret.  BTC  at time of recording: $36,702 Block height at time of recording: 816,080 Podcasting 2.0 Apps Available at ht...

This week we take a look at the news and I discuss some upcoming changes for the Generation Bitcoin podcast. BTC  at time of recording: $35,044 Block height at time of recording: 815,510 News and Links https://bitcoinmagazine.com/technical/microbt-unveils-highly-anticipated-whatsminer-m60-series-at-blockchain-life-2023-in-dubai Podcasting 2.0 Apps Available at http://newpodcastapps.com/ and V...

I had a great discussion with Seth about a number of topics centering primarily on privacy and the proposed Fincen regulations. Seth has deep knowledge about privacy aspects of Bitcoin with a great ability to clearly communicate what we need to know.  BTC  at time of recording: $34,623 Block height at time of recording: 814,874 News and Links SethforPrivacy.com   Opt Out Podcast &nb...

Bitcoin Twitter is already calling for $100,000 BTC by then end of 2024. We just broke the strong resistance at $31,000. Is the bear market over and is it now "Laissez les bons temps rouler" (let the good times roll)?? Even if it is, put the breaks on and don't get swept into the mania. We have a long time to go before this cycle's high. Let's discuss what is going on. BTC  Weekly Close: $33,...

This week we take a look at the Presidential election that was held in Argentina on Sunday. It has set up what will be a decisive showdown between Javier Mileau, a libertarian, and Sergio Massa who is a Peronist.  BTC  Weekly Close: $29,918 Block height at time of recording: 813,416 News and Links Hal Finney Wasn't Satoshi FINCEN Regulation Proposal Music Credits Protofunk by Kevin MacLe...

This week we analyze the River Lightning network usage report. There is a lot going on in lightning development and the calls for its demise are very much premature. We have plateaued for now but the next bull run will set things up for the traffic on the lightning network to overtake the Bitcoin mainchain. News, notes and even a rant. It's all there in less than hour!! BTC Daily Close: $28,759 Bl...

This week I had a great discussion with Diego Gurpegui from Argentina. He lives in Buenos Aries and is the CTO of Improvein (a fintech company). As a software professional living in a country with 138% current inflation he provides an "insiders" perspective on how people are dealing with such high inflation. We cover a wide range of topics as well as this weeks news. BTC  Daily Close: $27,172...

This week it was my pleasure to interview Erik Hersman of Gridless. He and his co-workers are building bitcoin mining centers in remote parts of Africa working in conjunction with other companies to supply cheap renewable energy (hydropower) to villagers. Not only are they getting quality energy for mining Bitcoin it is improving the lives of the African villagers. A great win-win! BTC  Daily...

It's been a while since we really covered the macro economic market. This week's episode will cover what is going on in the major economic markets of the world. Let's dive in and see where we are at!! BTC  Daily Close: $27,762 Block height at time of recording 810,672 News and Links European Carbon Tax Solar and Wind Energy Tax Incentives SEC Giving Feeback on Bitcoin ETFs Music Credits Proto...

It's been a while since we have talked about the Lightning Network. A lot of internal changes have been taking place that help with reliability of the network but some changes are being rolled out that will help both the end user and LSPs (Lightning Service Providers). One of new features is splicing and it allows for much better channel management. In this episode we dive into the new splicing fe...

Even with the current world events and collapsing economies based on Keynesian Fiat there can be hope. Today we explore how Bitcoin can be a lifeline and a dream enabler along with the news. BTC  Daily Close: $26,352 Block height at time of recording 809,686 News and Links Evergrande Trading Suspended Bitmain Showcases Antminer S21 Music Credits Protofunk by Kevin MacLeod Link: https://incomp...

Keynesian economics runs the world without a doubt. And I believe that is single-handedly causing the downfall of the world's economy. Eventually we will move into a post-fiat time but that transition for many will not be easy. Many people don't realize the insidious nature of Keynesian thought. BTC  Weekly Close: $26,221 Block height at time of recording 809,236 News and Links France Le...

This week we will cover some thoughts on mining, as well as news on a brand new mining unit from Bitmain. Of course a shoutout to the supporters. News and views and even a little bit of a rant. BTC  Daily Close: $26,590 Block height at time of recording 808,798 News and Links Open Source Plans for Gridless 20-foot Mining Container S19k Performance Benchmarks Joe Nakamoto Cuba Bitcoin Video Po...

What are Bitcoin nodes and how do they run the Bitcoin network? This week's episode cover's the various nodes of the Bitcoin network, their roles and how they work symbiotically to keep the money sound, the network secure and transactions flowing. BTC  Daily Close: $26,563 Block height at time of recording 808,219 News and Notes African Bitcoin Mining Conference Zero Knowledge Proofs and Bitc...

Understanding the fundamentals of how Bitcoin security is very important. You are ultimately responsible for your own Bitcoin and the basic knowledge of how the process works is critical. In this episode we cover the BIP-39 protocol change that lead to the ability to use twelve or twenty-four word seed phrases to protect your assets. In addition, I cover a new way for the listeners of Generation B...

This week I had the pleasure of interviewing one of the "OGs" of Bitcoin - Jimmy Song. We discussed his new book Fiat Ruins Everything as well as a number of other topics. BTC  Daily Close: $25,894 Block height at time of recording 807,098 News and Links https://cryptoslate.com/people/jimmy-song/ https://jimmysong.medium.com/ https://fiatruinseverything.com/ Ripple Acquires Fortress Trust Pod...

This week we look at how the ruling by the FASB organization might affect the growth of Bitcoin holding by corporations. Because of the previous accounting rules, corporations such as MicroStrategy where hurt by holding Bitcoin in a down market. This is no longer the case and I believe this will help with corporate adoption of Bitcoin. Is this helpful for Bitcoin? Let's talk! News and Links FASB I...