What Bitcoin Did

30/08/2024

WBD859 - What Bitcoin Did with Jack Mallers, Matt Odell, & Harry Sudock. We discuss:
- Bitcoin oasis, & the power of “yes”
- People, moments, & family
- Relentless courage & leadership
- Hardest money, decisions, & time

“We are promethean, we are taking the thermodynamic future of our planet and charging batteries that are full of the hardest money on earth and saving it in perpetuity…we have discovered fire, the world will never be the same again, we have a new tool that is going to re-shape the societies around us and the universe within our own minds…value can be delivered to the world in excess of the cost that it takes to deliver that value.”
— Harry Sudock

28/08/2024

WBD858 - Who Owns Bitcoin with Troy Cross. We discuss:
- The extent of Democratic corruption
- How Bitcoin transcends politics
- Morality & perception of Bitcoin
- How we reach the next level of adoption

“It’s throughout the media, it’s throughout the Congressional hearings…the dominant narrative is that it’s conservative, and I just realized they’re all wrong. All of that is wrong.”
— Troy Cross

Troy Cross is a Professor of Philosophy and Humanities at Reed College & Chief Editor at The Nakamoto Project. In this interview, we discuss Democratic corru...

26/08/2024

WBD857 - Jack Mallers on Why Bitcoin. We discuss:
- Debt as time travel
- How Jack would run the country
- Breaking fiat society vs time & energy money
- Proof of work & why the world needs Bitcoin

“There are two doors, one is letting everything collapse and fail, that’s not an option, so the only other one is they’re going to have to steal the time and energy of all of us that hold the currency; and so, you’ve got to get out.”
— Jack Mallers

Jack Mallers is the CEO of Strike. In this interview, we discuss debt as time travel, how Jack would run the US, the broken fiat system, why society is crumb...

23/08/2024

WBD856 - The Bitcoin Evolution with Colin Harper. We discuss:
- Media & Bitcoin journalism
- Nostr, truth, lies, & Trump vs the elites
- Global tension & American unrest
- The Bitcoin ossification stalemate

“Bitcoin will not scale with all of these things being on-chain, it’s just not going to happen; you’re going to have anchors to financial institutions and other things that hold your coins for you…it may seem kinda bleak but I don’t see how you get away from that future.”
— Colin Harper

Colin Harper is the editor-in-chief at Blockspace Media. In this interview, we discuss Bitcoin conferences and journalism, the evolution of Bitcoin culture, ...

21/08/2024

WBD855 - Bitcoin Level 2 with Harry Sudock. We discuss:
- Why Bitcoin mining is evolving
- Global hashrate, decentralisation, & AI compute
- Narratives of control vs sovereignty & hope
- Bitcoin’s next phase

“There’s a fundamental optimism to bitcoiners…we have a belief that the future can be better than the past, and we’re willing to do whatever it takes to realise that better future on the back of a better asset.”
— Harry Sudock

Harry Sudock is the Chief Strategy Officer at Griid. In this interview, we discuss Bitcoin mining in the US, how the mining industry has been on easy mode, w...

19/08/2024

WBD854 - All In on Bitcoin with Will Reeves. We discuss:
- Bitcoin’s growth vs systemic shrink
- The importance of satsflow
- VC stagnation vs Bitcoin capital formation
- The power of Bitcoin savings & treasuries

“We’re about to hit the inflection point like we said where really the world starts to understand Bitcoin, and I think once that happens, once that cracks, everything changes.”
— Will Reeves

Will Reeves is the CEO and a co-founder of Fold. In this interview, we discuss the phase shift that’s happening in Bitcoin right now, the importance of busin...

16/08/2024

WBD853 - MicroStrategy, Metaplanet, & Real Bedford with Dylan LeClair. We discuss:
- Debt & the bitcoin accumulation race
- Hodling vs BTC dividends
- The bitcoin-per-share paradigm
- Bitcoin vs systemic debt & inflation

“Proof of work is the distinction, the difficulty adjustment combined with absolute scarcity makes Bitcoin different than everything else; this is not a crypto play, this is not a digital asset play, this is a Bitcoin play, and Metaplanet is going to use every tool in the toolkit to acquire more bitcoin.”
— Dylan LeClair

Dylan LeClair is the Director of Bitcoin Strategy at MetaPlanet and Senior Market Analyst at Bitcoin Magazine Pro. In this interview, we discuss Michael Sayl...

14/08/2024

WBD852 - Protecting Your Bitcoin with Jameson Lopp. We discuss:
- Comprehensive bitcoin security theory
- Physical attacks & threat defense
- Security implications of privacy vs obscurity
- The future of Bitcoin security

“When you’re at the point where you have a substantial percentage of your net worth that would meaningfully negatively impact your future and potentially your heirs’ future…that’s when you need to go to the level that you’re eliminating single points of failure.”
— Jameson Lopp

Jameson Lopp is the co-founder & CTO of Casa. In this interview, we discuss politicians coming to Bitcoin, how Jameson was swatted, how to think about your B...

12/08/2024

WBD851 - Bitcoin Reformation or Revolution? With American HODL & Erik Cason. We discuss:
- Crypto-marxism & economic malaise
- Re-forging American meritocracy
- A transcendent orange political movement
- Bitcoin reformation vs revolution

“There’s a mechanism of horror and death that our money directionally contributes to, and we have no democratic processes to actually resist it, and furthermore, when we do try to resist it we’re criminalised…and to me that’s what Bitcoin has always represented is that I can actually say ‘no’ now; and, yeah, maybe they can lock me up or do whatever they want, but they can’t have my money.”
— Erik Cason

American HODL is an OG Bitcoin investor and Erik Cason is a cypherpunk and author of Cryptosovereignty: The Encrypted Political Philosophy of Bitcoin. In thi...

09/08/2024

WBD850 - Escaping Hyperinflation with Mauricio Di Bartolomeo. We discuss:
- Mining Bitcoin in Maduro’s Venezuela
- The mining crackdown
- How Ledn thrived amidst credit collapse
- Shorting fiat & how the world will come to Bitcoin

“If a new candidate, on his first term, with a brand new platform, and a brand new government party, decides to rewrite the constitution, run.”
— Mauricio Di Bartolomeo

Mauricio Di Bartolomeo is a Founder & the Chief Strategy Officer of Ledn. In this interview, we discuss mining Bitcoin in Maduro’s Venezuela, the mining crac...

07/08/2024

WBD849 - Lyn Alden on Japan's Unwinding, US Recession & Social Unrest. We discuss:
- The Japan carry trade collapse
- Broken money, market chaos, & social unrest
- US recession & Fed action
- What this all means for Bitcoin

“It’s much harder to have debates over fiscal policy than it is to have over social war stuff. So, when the fiscal policy or just the overall economic situation gets messier, fewer people are able to articulate it. So, they’re articulated in more visible ways, more social ways. That’s where a lot of that anger gets expressed.”
— Lyn Alden

Lyn Alden is a macroeconomist, investment strategist and General Partner at Ego Death Capital. In this interview, we discuss the unwinding of the Japan carry...

05/08/2024

WBD848 - Resistance Money with Andrew Bailey, Bradley Rettler, & Craig Warmke. We discuss:
- Fiat vs Bitcoin wealth disparity
- Why Bitcoin is hard to grasp
- Bitcoin negatives & net benefits to society
- If Bitcoin will change the world

“When asking a question like this…it’s tempting to replace it with the question ‘is Bitcoin good for me?’, and then you’re off to bag-pumping or bag-dumping; so what we tried to do here is to give a bit more precision to the question: ‘is Bitcoin good for the world?’”
— Andrew Bailey

Andrew Bailey, is a Professor of Philosophy at Yale-NUS College, Bradley Rettler is a Professor of Philosophy at the University of Wyoming and Craig Warmke i...

02/08/2024

WBD847 - Bitcoin Marginalism with Eric Yakes. We discuss:
- Bitcoin maximalism & value theory
- Marginalism value frameworks
- Bitcoin adoption phases and tipping points
- Bitcoin & capital allocation

“Once the majority of the world owns Bitcoin as store of value then the fundamental monetary property of acceptability is going to be very easy to achieve, and then all of a sudden medium of exchange is going to start happening overnight.”
— Eric Yakes

Eric Yakes is the Managing Partner at Epoch and the Author of The 7th Property: Bitcoin and the Monetary Revolution. In this interview, we discuss the econom...

01/08/2024

WBD846 - Will Trump be the First Bitcoin President? With Vivek Ramaswamy. We discuss:
- Burgeoning state power & regulatory capture
- The path to unity in the U.S.
- Dismantling the administrative state
- Bitcoin’s alignment with American prosperity

“The reason I believe Donald Trump is going to end up having been a pro-crypto, pro-Bitcoin president is actually because he’s pro-America…these are the principles that America was founded on.”
— Vivek Ramaswamy

29/07/2024

WBD845 - The US Government Needs Bitcoin with Luke Gromen & Preston Pysh. We discuss:
- American decline & peak cheap oil
- Backing USTs with BTC
- Waning global trust & looming debt burdens
- Bitcoin milkshake theory

“There’s really no fix…I know part of the reason that part of Washington is getting interested in Bitcoin, why they’re talking about currency problems, is they know there’s no fix, they’re painted in a corner.”
— Luke Gromen

Luke Gromen is the Founder and President of Forest for the Trees and Preston Pysh is a founder of The Investor Podcast Network. In this interview, we discuss...

27/07/2024

WBD844 - Bitcoin War Games with Matthew Pines. We discuss:
- Superpower struggles & nuclear escalation
- Digital age disruption & uncertainty
- Alien life, exotic technology, & metaphysics
- The nation-state Bitcoin race

“There are, essentially, massive gaps, and there actually isn’t a dominant world system; there are essentially fractures that have already taken place…and so it’s very hard for the mental models of those leaders and executives to reckon with the fact that that world is broken and it’s not coming back.”
— Matthew Pines

https://buff.ly/3zVNR9U

Matthew Pines is the Director of Intelligence at SentinelOne and a National Security Fellow at the Bitcoin Policy Institute. In this interview, we discuss geopolitical flashpoints of destabilisation, global nuclear-threat game theory, the implications of extraterrestrial technology, and the nation-s

25/07/2024

WBD843 - Bitcoin’s Inflection Point with Rob Hamilton. We discuss:
- Bitcoin’s adoption inflection point
- Bitcoin-dollar games
- Separate worlds of polarisation
- American ethos & the Bitcoin-Trump alliance

“It’s a check on the system, no bailouts, you can do your funny games and printing money over here and all that’s going to do is accrue value to Bitcoin.”
— Rob Hamilton

Rob Hamilton is a co-founder and the CEO of AnchorWatch. In this interview, we discuss polarisation in geopolitical vs Bitcoin spheres, American ethos and th...

23/07/2024

WBD842 - A Mental Framework for Bitcoin with Christian Keroles. We discuss:
- Adoption: virality, volatility, & the chasm
- Generational wealth & arbitraging bitcoinisation
- Hyperbitcoinisation mental models
- Bitcoin repricing the world

“It’s almost like changing your operating system…it’s not a simple process; you’ve got to delete some of the old stuff, you’ve got to upload a bunch of new stuff then you can start operating on a new system.”
— Christian Keroles

Christian Keroles is the Director of Financial Freedom at the Human Rights Foundation. In this interview, we discuss the virality and volatility of the adopt...

19/07/2024

WBD841 - The Fourth Turning is Here with Brandon Quittem. We discuss:
- Signs we’re in a fourth turning
- The possibility of collapse & total war
- Bitcoin & AI as economic release valves
- If Bitcoin can break cyclic dynamics

“We’re fighting over the 4th American republic, and each time it’s slightly different…but either way we’re going to the brink of collapse or failure here and hopefully we come out on top.”
— Brandon Quittem

Brandon Quittem is the VP of Revenue at Swan Bitcoin. In this interview, we discuss The Fourth Turning, how the cycles play out and what they mean, the clear...

17/07/2024

WBD840 - The Bitcoin US Dollar Hegemony with Whitney Webb & Mark Goodwin. We discuss:
- Systemic capture & influence
- Corruption & compromised elites
- Perils of the Bitcoin-dollar hegemony
- The uniparty racket of control

“Bitcoin is essential to the plans of a lot of these people, but there is still time to build tools on Bitcoin or utilise Bitcoin to neuter a lot of the plans that they have.”
— Whitney Webb

Whitney Webb is an independent investigative journalist and founder of Unlimited Hangout & Mark Goodwin is the author of The Bitcoin Dollar. In this intervie...

15/07/2024

WBD839 - Whitney Webb & Mark Goodwin on How Intelligence Agencies Capture Everything. We discuss:
- The bitcoin-dollarization paradox
- Captured tech & finance giants
- Financial terrorism & information banking
- The cabal of Bitcoin custodians & onramps

“These people have been very serious and played very dirty, and created insane instability just to keep the dollar the global reserve currency because it gives a lot of advantages just to the US…they intend to keep those advantages even if it means a different system.”
— Whitney Webb

Whitney Webb is an independent investigative journalist and founder of Unlimited Hangout & Mark Goodwin is the author of The Bitcoin Dollar. In this intervie...

12/07/2024

WBD838 - Resisting a Surveillance Technocracy with NVK. We discuss:
- Bitcoin-powered private, custom AI
- AI limitations, bias, & ‘intelligence’
- Fighting fake everything with OSS & cryptography
- A hopeful vs technocratic future

“We’re going to move to a world where having private keys resolves most problems because the only thing AI cannot fake is computational proof of work.”
— NVK

NVK is the founder of Coinkite and a board member at OpenSats. In this interview, we discuss the threat of centralised AI, building a decentralised alternati...

10/07/2024

WBD837 - The Coming Digital Dystopia with Charles Guillemet & Ian Rogers. We discuss:
- Foundations of digital security
- Exploits, personal data, & breaches
- Secure hardware design & opensource
- Freedom tools vs digital dystopia

“The code that is running inside it, we know this is our code, there is no way for you to run malicious code…if you buy any other hardware wallet you have no guarantee…if you don’t have a secure element then maybe it’s a genuine device, maybe not.”
— Charles Guillemet

Charles Guillemet is the Chief Technology Officer at Ledger and Ian Rogers is Chief Experience Officer at Ledger. In this interview, we discuss vulnerabiliti...

08/07/2024

WBD836 - Bitcoin v The US Debt Bomb with Matthew Mežinskis. We discuss:
- The history of central bank debt & crises
- Money destruction, deficits, & gold buying
- If the Fed can unload their debt
- Bitcoin’s base money update & price models

“I don’t know the point where this thing breaks again…I’d caution people to look at it the other way…they can kick the can down the road a lot longer than you believe.”
— Matthew Mežinskis

Matthew Mežinskis is the creator of the Crypto Voices podcast and Porkopolis Economics. In this interview we discuss the history of central bank debt and cri...

05/07/2024

WBD835 - Is the Bitcoin Cycle Broken? With The Rational Root. We discuss:
- Bitcoin Spiral Chart 3D & cycle alignment
- ETF flows & supply dynamics
- Liquid supply & the HODL model
- Power law, S2F, & the price multiplier effect

“Personally I don’t really need those models, I believe Bitcoin is going to go eventually to a million dollars…and I expect at least prices above $140K this cycle.”
— The Rational Root

The Rational Root is a Bitcoin on-chain & cycle analyst. In this interview, we discuss the Bitcoin ETF flows and how this cycle compares to previous ones, wh...

03/07/2024

WBD834 - The Bitcoin Mining Arms Race with Marshall Long. We discuss:
- Bitcoin code & chain forks
- Threats from miner & pool centralisation
- Miner incentives & threat mitigation
- Chip fabs, power, and the geopolitical arms race

“Antpool’s in a place, let’s say Foundry’s in a place, whoever, they start doing weird things…miners would just pull their hashrate away; so, where we get into bigger problems is where let’s say Foundry, and Riot, and Marathon, and Cleanspark all get a knock at the same time.”
— Marshall Long

Marshall Long is the Head of Architecture for Rhodium Enterprises. In this interview, we discuss the risks of mining centralisation from both the miner & poo...

01/07/2024

WBD833 - A Bitcoin Society with Aleks Svetski. We discuss:
- Virtues for a Bitcoin world
- Governance & power vacuums
- Monarchy vs democracy
- CEO-kings, populists, & leadership

“What happens when those that have all the Bitcoin rise to the top? Do we become just another parasitic class?... Or do we become men and women of virtue?”
— Aleks Svetski

Aleks Svetski is an entrepreneur, author and Bitcoin advocate. In this interview, we discuss his upcoming book “The Bushido of Bitcoin,” governance & power v...

28/06/2024

WBD832 - Bitcoin's Coiled Spring with Checkmate. We discuss:
- The MTGOX coins hitting the market
- Volatility, price thesis, & the multiplier effect
- ETF flows & the carry trade
- if Checkmate’s $250k price prediction is still in play

“The idea is not about predicting the future, it’s about preparing people for what is likely, because when it happens just envision: you wake up tomorrow, Bitcoin’s at $8K, or you wake up tomorrow and Bitcoin’s at $150K; in both of those 2 events you’re going to be like ‘holy s**t, I need to find out what just happened.’”
— Checkmate

Checkmate is an on-chain analyst and founder of checkonchain. In this interview, we discuss the Mt.Gox coins that are about to hit the market, where we are i...

26/06/2024

WBD831 - Why Bitcoin Takes All with Michael Goldstein. We discuss:
- The re-launch of the Satoshi Nakamoto Institute
- Ending the fed & libertarianism
- Bitcoin & monetary economics
- Preserving generational Bitcoin values

“We can’t just assume that the next generation is going to know why they should run a node, why they should hold keys, why 21 million is important…it’s generational knowledge for generational wealth.”
— Michael Goldstein

Michael Goldstein is the co-host of the Noded Podcast and President of the Nakamoto Institute. In this interview, we discuss the re-launch of the Satoshi Nak...

24/06/2024

WBD830 - The Dysfunctional State with Michael Malice. We discuss:
- Political triangulation & pandering
- Warren corruption & Trump’s case
- If Texas will secede from the US
- Political reform vs national divorce

“It’s inherent in the democratic process, people are going to vote for more stuff for themselves and someone else is going to be paying for it. And the thing is when you have deficit finance spending you can just run that credit card until it’s too late, this is one of the benefits of Bitcoin obviously, as opposed to fiat. With fiat they’re just going to run those machines…it f***s over the poorest people first.”
— Michael Malice

Michael Malice is an anarchist, author, and podcaster. In this interview, we discuss US & UK elections, Warren’s corruption, Trump’s legal case and whether T...