The Last Trade E069: A Random Walk Down the Timechain with Bob Burnett
Episode description
The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Jackson Mikalic, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.
Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It's not just another asset - in the digital age, it's the Last Trade that investors will ever need to make.
Bob Burnett on X: https://x.com/boomer_btc
Barefoot Mining: https://www.barefootmining.com/
Caos Engine: https://caosengine.com/
00:00-Welcoming back Bob Burnett
03:00-Proof-of-Work based randomness
20:29-A message from Onramp
21:13-Entropy engines & applications
30:39-Understanding hashing & its implications
45:28-Advantages of smaller scale mining
55:46-Onramp Multi-Institution Custody
57:13-The role of financial institutions mining
01:07:01-Blockspace & block templates
01:13:52-Purposes of the block subsidy
01:23:34-Mining centralization challenges
01:31:28-Ocean’s approach to block creation
01:39:20-Outro
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