Pierre Rochard rejoins me on the show to talk about Full Reserve, Fractional Reserve, and how Bitcoin obsolete Fractional Reserve Banking: Full vs Fractional Reserve Fiduciary media Is the current system full or fractional reserve? Various historical or current examples from the bitcoin economy How would businesses work under a bitcoin full reserve system Links: Twitter: @BitcoinPierre Related article: In Defense of Bitcoin Full Reserve: Not Anti-credit, but Anti-fiduciary Media Previous Episode...
Aug 03, 2022•1 hr 8 min•Season 1Ep. 402
Greg Foss, Bond market veteran investor, and bitcoin/macro commentator rejoins me on the show to talk about the situation with global debt, bond markets and why Bitcoin is cheap protection. We chat: US Fed Japanese debt markets The 60:40 stocks and bonds allocation and what changes Sell Bonds, Buy Bitcoin Scenarios for how this plays out Looking Glass Education Links: Twitter: @FossGregfoss Site: Lookingglasseducation.com Prior episode: SLP293 Greg Foss The Debt Problem You Can’t Ignore Sponsors...
Aug 02, 2022•1 hr 1 min•Season 1Ep. 293
Jonas Nick & Tim Ruffing, bitcoin researchers and contributors at Blockstream rejoin me on the show, this time to chat about half signature aggregation. This is a scaling technique that can help scale Bitcoin and enable more transactions inside a block or help with L2 protocols. We discuss: How this idea came to be What is half aggregation vs ‘full aggregation’? What kind of savings are possible? What are the downsides? How would this work in practice? Is a soft fork required? Next steps for...
Aug 01, 2022•59 min•Season 1Ep. 400
Christian Keroles (aka CK), GM of Bitcoin Magazine joins me on the show to talk about the problems Europe is facing, and why Bitcoin is good for Europe: The problems Europe is facing Anti bitcoin laws and regulations AMLD5 FATF and Travel Rule MiCA and Proof of Work Why Bitcoin is good for Europe Bitcoin Conference in Amsterdam What Bitcoiners can do about it Links: Twitter: @ck_SNARKs Bitcoin Amsterdam: Bitcoin is making history in Europe - October 12-14,2022 Site: Bitcoinmagazine.com SLP394 Be...
Jul 28, 2022•55 min•Season 1Ep. 399
Ansel Lindner, Bitcoin podcaster and writer of BitcoinAndMarkets.com joins me on the show to talk about his framework for assessing: Inflation or Deflation? The money stock Credit cycles over time What bitcoin does for the world Could inflation and fractional reserve happen again on top of bitcoin? Links: Twitter: @AnselLindner Site: B itcoinandmarkets.com Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and web...
Jul 26, 2022•55 min•Season 1Ep. 398
Stack Hodler, twitter anon investor joins me to chat: Fiat currencies & #Bitcoin JPY and Japanese bond market Why you shouldn’t #GetOnZero Credit Cycles Mortgage Boycotts BRICS Links: Twitter: @stackhodler Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera...
Jul 23, 2022•56 min•Season 1Ep. 397
Allen Farrington (author and professional investor) joins me on the show to talk about Austrian economics, Capital & DeFi Yield: Austrian economics and Bitcoin Where does the 2% inflation target come from? The world Bitcoin will enable Altcoin DeFi yield: where does it come from? Bitcoin price and market depth Links: Twitter: @allenf32 Bitcoin is Venice book Only The Strong Survive Mentioned Mises.org article: The Origins of the 2 Percent Inflation Target Bob Murphy’s article in response to ...
Jul 21, 2022•1 hr 4 min
John Tamny of FreedomWorks and Editor at Real Clear Markets joins me on the show to chat about his alternative take on inflation, fractional reserve banking, as well as why we should be optimistic about things going forward: Defining inflation Debate on Austrian economics & FRB Is monetary stability possible? 2 years of Hysteria Optimism for the future Links: Twitter: @johntamny Site: Freedomworks.org Site: Realclearmarkets.com Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (cod...
Jul 18, 2022•1 hr•Season 1Ep. 395
Beautyon (Akin) rejoins me on the show to talk about the EU attack on Bitcoin and the confusing way people speak/learn about Bitcoin. We chat: Misleading terminology (unhosted wallets) Bitcoin as text & speech, not money The map is not the terrain What bitcoin builders can do What happens to countries who refuse Bitcoin Links: Twitter: @Beautyon_ Bitcoin Mag article: The European Union’s Attack On Bitcoin Is An English And Math Comprehension Problem Site: azte.co Related episode: SLP379 Gigi...
Jul 13, 2022•57 min•Season 1Ep. 394
Ben Pile of Climate Resistance joins me to chat about the problem of the Green agenda. We discuss: How this Green movement is funded ESG meeting with reality Are these outcomes intentional? Hypocrisy of green warriors Links: Twitter: @clim8resistance Site: Climate-resistance.org YouTube: Climate Resistance Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe ...
Jul 12, 2022•52 min•Season 1Ep. 393
Pete Rizzo, Editor at Bitcoin Magazine and Editor-at-large at Kraken rejoins me on the show to talk about Bitcoin Maximalism. There has been some discussion recently on the role of the ‘toxic’ Maximalists, and Pete has clarified some thinking on this in his recent article and discussion on this topic. We talk: What is Bitcoin Maximalism What do maximalists believe? Social and cultural arguments Technical aspects Is it still needed? Links: Twitter: @pete_rizzo_ Rizzo’s Forbes Article: Bitcoin Max...
Jul 11, 2022•1 hr 1 min•Season 1Ep. 392
Ben Carman (Bitcoin core contributor, working at The Bitcoin Company, co-organizer Austin BitDevs) joins me on the show to talk about the world of Bitcoin Privacy, the implications of surveillance on us all today, some of his ideas on improving Bitcoin Privacy, LN Vortex, P2P and the Austin BitDevs scene. Links: Twitter: @benthecarman LN Vortex: Protocol Documentation Austin BitDevs: Austin Bitcoin Developers The Bitcoin Company Bitcoin Optech #204 Sponsors Swan Bitcoin Braiins.com Voltage Uncha...
Jul 07, 2022•1 hr 1 min•Season 1Ep. 391
Dan McArdle joins me on the show to chat about his experiences as a long time Bitcoiner and ways to think through what’s going on now. We chat: Is the “4 year HODLer” stat dead? Insights from prior cycles and drawdowns FUD cycles Casebitcoin.com and CAGR stats How to think about bear markets Links: Twitter: @robustus Site: casebitcoin.com Inflation thread Sponsors Swan Bitcoin Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Show notes and webs...
Jul 04, 2022•48 min•Season 1Ep. 390
Daniel Frumkin of Braiins and Jaran Mellerud of Arcane Research join me on the show to talk about the latest in the world of Bitcoin Mining. As the price has fallen recently, we’ve seen some miners come under pressure. We chat: Overview Which public miners are in trouble? Operating cash flows Bitcoin miner treasury management strategy Why we’re likely to see acquisitions Impacts for home and retail miners Were there bull market errors? Future forecasting and conservatism Links: Twitter: @JMeller...
Jul 01, 2022•57 min•Season 1Ep. 389
Meron Estefanos, activist and journalist joins me to talk about her story of helping over 20k refugees, helping to stop human traffickers, and how she’s using and teaching Bitcoin these days. We chat: Her story of helping refugees Life for Eritreans Being an activist and radio journalist How she teaches Bitcoin (BlueWallet and Muun) HRF Oslo Freedom Forum Links: Twitter: @meronina Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA)...
Jun 29, 2022•51 min•Season 1Ep. 388
Tuur Demeester, long time author/analyst and former fund manager in the Bitcoin space rejoins me to chat about his views on the markets and where Bitcoin is going: Macro views on interest rates Deleveraging moments Trying to make money in Bitcoin terms The Panic of 1907 and “Crypto” Contagion How Bitcoin differs Full Reserve Banking models contrasted with Fractional Reserve Banking Whether this bitcoin bear market will last long Links: Twitter: @TuurDemeester Thread: https://twitter.com/TuurDeme...
Jun 27, 2022•1 hr 1 min•Season 1Ep. 387
Roy Sheinfeld of Breez rejoins me on the show to talk about various topics: How lightning network is growing and maturing Breez Merchant Point of Sale Breez and Greenlight LN Protocol development Asynchronous payments Splicing Links: Twitter: @Breez_tech Site: breez.technology Mentioned: Laolu Summary of Recent LN Meeting SLP378 Christian Decker – Greenlight & ANYPREVOUT Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Steph...
Jun 22, 2022•1 hr 1 min•Season 1Ep. 386
Nicolas Burtey of Galoy Money rejoins me on the show to talk about his recent trip to Central African Republic and their new bitcoin legal tender push. We chat: The situation in the country today Hurdles to adoption Internet, Electricity and Smartphone penetration What makes sense for bitcoin adoption in CAR? Comparison with El Salvador’s Bitcoin Law Galoy Money El Salvador hosting central bankers and finance ministers Links: Twitter: @nicolasburtey Site: galoy.io Prior episodes: SLP346 Nicolas ...
Jun 20, 2022•56 min•Season 1Ep. 385
Zerofeerouting, runner of the 3rd most connected Lightning node with an innovative business model joins me on the show to chat about lightning: Starting a routing node The Zero Fee Routing business model Why has nobody else done it yet? Where fees are going on LN and who will pay them Operational aspects of running a big node Lightning protocol improvements LND and CLN Links: Twitter: @zerofeerouting Site: Z erofeerouting.com Episodes mentioned: SLP378 Christian Decker – Greenlight & ANYPREV...
Jun 18, 2022•1 hr•Season 1Ep. 384
Alex Epstein, energy expert and author rejoins me on the show to talk about his newest book coming out, Fossil Future. We chat: Updates to his thinking since the Moral Case for Fossil Fuels in 2014 Problems with our ‘knowledge system’ today Fossil Fuels benefit deniers “Climate Mastery” What the Bitcoin community is getting right and wrong on energy How free market energy advocates should be approaching their discussions Links: Twitter: @AlexEpstein Site: FossilFuture.com Sponsors: Swan Bitcoin ...
May 24, 2022•1 hr 18 min•Season 1Ep. 383
Gary Leland, entrepreneur, author & founder of BitBlockBoom rejoins me to talk about orange pilling people, whether they are everyday individuals, or state senators. We chat: Doing a booksprint on ‘Bitcoin and the American Dream’ Orange pilling people by teaching them to DCA Speaking to a state senate to get them to buy Bitcoin What to expect with BitBlockBoom 2022 Links: Twitter: @GaryLeland Book: https://www.amazon.com/Bitcoin-American-Dream-Technology-Transcending/dp/B09P7RL79Z BitBlockBo...
May 23, 2022•48 min•Season 1Ep. 382
John and Gloriana from the “My First Bitcoin” project join me to talk about their journey in running Bitcoin education for Salvadoran high school students. We chat about: How the project got started Phases of the project What the students learn Hurdles for learning Where the project may go in future Links: Site: M i P rimer B itcoin .io Twitter: @MyfirstBitcoin_ Twitter: @jdennehy_writes Twitter: @Glori1995 Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA)...
May 21, 2022•45 min•Season 1Ep. 381
Jeff Deist President of Mises Institute and I had a chat recently for the Human Action Podcast, and we discuss a few ideas about liberty, political freedom & economic freedom around the world: Exiting Australia Freedom indexes and where they may be falling down Political freedom contrasted with economic freedom Why social issues dominate Links: Jeff’s Twitter: https://twitter.com/jeffdeist Mises Institute: https://mises.org/ Mises Institute Twitter: https://twitter.com/@mises Previous Episod...
May 19, 2022•42 min•Season 1Ep. 380
Gigi rejoins me on the show to talk about the problems of imprecise language and wording in Bitcoin: ‘Unhosted wallets’ terminology Bitcoin and warfare language Proof of Work and mining Links: Twitter: @dergigi Site: Dergigi.com Previous Episodes: SLP313 Gigi – USD is going down to 1 sat & Bitcoin is Time SLP140 Gigi – Bitcoin’s Gravity and 21 Lessons Sponsors: Swan Bitcoin Hodl Hodl Lend Braiins.com Voltage Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Stephan Livera links: Sho...
May 17, 2022•1 hr 12 min•Season 1Ep. 379
Christian Decker of Blockstream rejoins me on the show to talk about Greenlight, a node service by Blockstream. We chat about: Who it’s for Running a node online Backups Channel Management CLN v0.11 APO and eltoo Pinning attacks Layered commitments Christian Decker links: Twitter: @snyke ANYPREVOUT: BIP118 github cdecker Previous Episodes: SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP59 Christian Decker – Bitcoin Lightning Channel Factories Sponsors: Swan Bitcoin Hodl Hodl...
May 15, 2022•1 hr 10 min•Season 1Ep. 378
Jimmy Song (Bitcoin educator, programmer) rejoins me to chat about how Airline Miles are the original altcoins and how there are similarities in the fiat mindsets around chasing miles/points, and altcoins. We discuss: Why the airline industry is the way it is Fiat mindset in miles chasers and DeFi chasers Altcoiners chasing airdrops and yield Secure property rights vs fuzzy property rights CTV Links: Article: Bitcoin Songsheet: Airline Miles Are The Original Altcoins Article: Bitcoin Songsheet: ...
May 11, 2022•1 hr•Season 1Ep. 377
Evan Kaloudis joins me on the show to talk about building Zeus, a self sovereign Lightning Wallet for use with your own lightning node. Evan and I chat about using the LN today, and being a more sovereign lightning user. Building Zeus as a FOSS app Getting support and feature bounties Zeus community Interoperable standards Supporting multiple lightning implementations Privacy on LN - e.g. route blinding Payment reliability Links: Twitter: @evankaloudis Site: Zeusln.app Zeus Twitter: @ZeusLN Spon...
May 10, 2022•57 min
Laolu Osuntokun (Roasbeef), CTO of Lightning Labs rejoins me on the show to talk about Taro. Taro is a new protocol and proposal by the Lightning Labs team for creation of stablecoins or other assets that can be built into the existing Bitcoin/Lightning network. We chat about how it works and what it could mean for Bitcoin. How Taro works Prior efforts e.g. coloured coins, Counterparty, RGB Benefits of Taro approach What it would look like in practice Lightning Network development generally CTV ...
May 09, 2022•1 hr 25 min•Season 1Ep. 375
Adam O (DenverBitcoin) of Upstream Data rejoins me on the show to talk about the Bitcoin advocate community’s response to the ESG Mafia. Are there better ways to respond? We chat: ESG statistics and what would be better Bitcoin’s rising energy use and prominence Bitcoin Mining Council Carbon accounting dishonesty Is placating them a good strategy? Links: Twitter: @denverbitcoin Site: UpstreamData .ca Article: DENVER’S DERIVATIVE — HOW TO GAUGE THE PRICE OF A BITCOIN ASIC Recent Bitcoin Mining Co...
May 06, 2022•1 hr 34 min•Season 1Ep. 374
Sam Callahan of Swan Bitcoin rejoins me on the show to talk about another global organisation that has been making all kinds of anti-Bitcoin and anti-freedom statements in its research and proclamations. We chat: Who the IMF are and how they started What they think on Proof of Work “Financial Crime” “Transitioning to a low carbon economy” “Financial stability” Global corruption Links: Twitter: @samcallah Thread: https://twitter.com/samcallah/status/1517170892979142657 Relevant episodes: SLP336 S...
May 04, 2022•48 min•Season 1Ep. 373