Have you considered using eSIMs instead of your typical telco mobile phone SIM? Silent.link joins me to talk about: How the online eSIM service works and costs Privacy and security with phones How carriers have you pwned zero-day exploits Convenience and traveling with an eSIM Experiences using Bitcoin and Lightning Links: Twitter: @silentlink1 Site: Anonymous eSIM Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan links: Follow ...
Jul 18, 2023•49 min•Season 1Ep. 492
Ryan MacLeod (Nuclear Bitcoiner) joins me to talk about Bitcoin and Nuclear Energy. We talk: Is nuclear energy too costly? What are SMRs? Small Modular Reactors Nuclear waste and safety concerns How Nuclear energy crosses over with Bitcoin mining Reduced costs and increased accessibility Links: Twitter: @NuclearBitcoinr Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space...
Jul 12, 2023•1 hr•Season 1Ep. 491
Dusty Daemon joins me to talk about splicing on Bitcoin’s lightning network. We talk about: What is splicing? Splicing’s potential privacy benefits Potential to undermine surveillance heuristics Splicing’s efficiency gains Splicing as one tool in the toolkit Walkthrough of how it works Site: Site: Lightning Splicing Twitter: @dusty_daemon Sponsors: Pacific Bitcoin Festival (code LIVERA ) CoinKite.com (code LIVERA) Lugano PlanB Forum Mempool.space Stephan Livera links: Follow me on Twitter @steph...
Jul 10, 2023•57 min•Ep. 490
Will every company be a lightning company? Graham Krizek CEO of Voltage rejoins me on the show to talk about this idea as well as what’s happening in bitcoin and lightning: Being near the printer Why big companies do financial services What lightning does differently What use cases are there and who’s looking at them? Products at Voltage Thoughts on LDK by Spiral Links: Article: Every Company Will Be A Lightning Company Article: SURGE NOW AVAILABLE FOR VOLTAGE USERS Twitter: @gkrizek Twitter: @v...
Jul 06, 2023•54 min
Christian Decker (Blockstream) and Roy Sheinfeld (Breez) rejoin me on the show to talk about: What has improved about Lightning over time Lightning in a high fee environment What Greenlight is What Breez SDK is Is anything changing on the existing Breez app? Core-lightning contrasted with other implementations Lightning protocol improvements Links: Twitter: @Snyke Twitter: @therealkingonly Site: Your personal Core Lightning node, without the technical fuss. Site: Breez SDK Sponsors: Swan Bitcoin...
Jun 21, 2023•1 hr 42 min•Season 1Ep. 488
Digiconomist (Alex de Vries) and Ben Gagnon (Chief Mining Officer, Bitfarms) join me on the show to debate Bitcoin Mining energy. We talk through: Bitcoin Mining machine efficiency assumptions Where do the models break down? Media referring to scary numbers in the bull cycle Transactions per second metrics Links: Twitter: @DigiEconomist Twitter: @hashoveride Digiconomist energy consumption index: Bitcoin Energy Consumption Index CBECI (Cambridge) referred to: Bitcoin network power demand Prior e...
Jun 15, 2023•1 hr 16 min•Season 1Ep. 487
Peter Dunworth is a financial adviser for high net worth individuals and families. He joins me to talk about what most people are getting wrong on bitcoin estate planning and inheritance. We discuss: Why bother with all this? Legal, asset protection and tax benefits Possession vs Title of coins Collaborative custody Practical components Miniscript and technical advances Valuation framework for Bitcoin and why inheritance matters Links: Site: https://www.thebitcoinadviser.com/comparison Peter’s T...
Jun 14, 2023•1 hr•Season 1Ep. 486
Jonathan Newman, Associate Professor of Economics and Mises Fellow joins me to chat: Contrasting definitions of inflation How did Mises define inflation? How did Rothbard define inflation? Where and how does fractional reserve come into it? Cantillon effect and the Mises effect Costless production of money Links: Paper: What Is Inflation? Clarifying and Justifying Rothbard’s Definition Twitter: @NewmanJ_R Twitter: @KrisMoustHansen Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space...
Jun 13, 2023•54 min•Season 1Ep. 485
Robin Linus from the ZeroSync project joins me to talk about how ZKPs can be used to help people quickly get started using Bitcoin. We discuss: What ZKPs are and what they can be used for Speeding up IBD Contrasting ZeroSync with utreexo and assumeutxo UTXO set commitment Blockstream satellite What’s being verified? Different types of nodes Links: Site: zerosync.org Twitter: @ZeroSync_ Twitter: @robin_linus Sponsors Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Foll...
Jun 05, 2023•45 min•Season 1Ep. 484
What happens under a high fee environment on the lightning network? We had one recently and so I asked Niftynei (Lisa of Base58), D++, and Nate (Voltage Head of Support & Education) to join me to talk about it: Lightning implementations handling the fee spike Force closes in lightning Bitcoin performed just fine Anchor outputs Mitigation techniques Setting fee rates Links: plebnet telegram: https://t.me/plebnet Plebnet wiki: https://plebnet.wiki/wiki/Main_Page base58: https://www.base58.info...
Jun 02, 2023•1 hr 20 min•Season 1Ep. 483
Burak (Bitcoin researcher/developer) joins me to talk about Ark, a new protocol for Bitcoin scaling and privacy. We chat about: Downsides of LN High level overview ASPs, vTXOs Vapourware? Other criticisms Interactive vs non-interactive versions Covenants and what they’d mean for Bitcoin Links: Site: arkpill.me Twitter: @brqgoo Telegram: https://t.me/ark_network_community Relevant prior episode: SLP339 Jeremy Rubin – What is Check Template Verify? Sponsors Swan Bitcoin CoinKite.com (code LIVERA) ...
May 29, 2023•1 hr 21 min•Season 1Ep. 482
Kemal of Galoy Money joins me to chat about his Bullish Case for Bitcoin Custodians. We debate the trade offs and points such as: Remnant vs ‘Big Tent’ Why not write down 12 words? “Mis-selling” Bitcoin Shotgun KYC, and FRB ‘paper bitcoin' risk Jurisdictions and regulation Financial hierarchy of needs Links: Twitter: @_pretyflaco Blog: https://www.swanbitcoin.com/the-bullish-case-for-bitcoin-custodians/ Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera links: Follow ...
May 25, 2023•1 hr•Season 1Ep. 481
The Bitcoin Handbook is a new visual and simplified explainer of Bitcoin concepts by Anil. Anil has been making awesome graphics and explanatory content about Bitcoin and he joins me on the show to chat: Meeting people where they are Different ways of explaining bitcoin concepts Why property should not be your piggybank Property Bubbles and investing around the world The intransigent minority Where to get the book Links: The Bitcoin Handbook on Amazon: https://a.co/d/0tyJRvf Checkout via Lightni...
May 21, 2023•52 min•Season 1Ep. 480
Jess Jonas, Chief Legal Officer of the Bitcoin Legal Defense Fund joins me to chat: Overview the Bitcoin Legal Defense Fund - supported by Jack Dorsey, Alex Morcos, Martin White What's the threat with the Tulip Trading Case? What are the open source licensing implications for developers? Secondary case and Bitcoin copyright claims Site: Site: B itcoindefense.org Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space...
May 16, 2023•41 min•Season 1Ep. 479
Ben Gagnon CMO of BitFarms joins me to talk about the flaws of the overly cited Digiconomist’s work on Bitcoin Mining impact. We discuss: Key flaws in methodology and assumptions Carbon emissions per transaction is a flawed metric Better comparisons and ways of reasoning about mining Links: Site: bitfarms.com Twitter: @hashoveride Article: We Need To Talk About The Not Science Behind Digiconomist Tweet thread: https://twitter.com/hashoveride/status/1512861134537306116 Relevant prior episode: S L...
May 14, 2023•54 min•Season 1Ep. 478
You may have heard about bitcoin mining pool centralisation. Stratum v2 and SRI (Stratum v2 Reference Implementation) are here to help by decentralising Bitcoin transaction selection. Listen and learn about how Stratum v2 Reference Implementation can help: Overview of Stratum v2 benefits Encryption, efficiency, censor resistance Are changes needed to Bitcoin Core? Different actors in mining: Pools, Miners, Hardware Device firmware and translation proxy How you can help or contribute Links: Donat...
May 10, 2023•43 min•Season 1Ep. 477
Nick Farrow joins me to talk about new developments coming in Bitcoin multi-signature security: FROST and what it is Privacy benefits Downsides of FROST e.g interactivity, complexity ROAST - what it is How hardware and software might have to change to adapt The future of multi sig Links: Site: utxo.club Twitter: @utxoclub FROST paper https://eprint.iacr.org/2020/852.pdf ROAST paper https://eprint.iacr.org/2022/550.pdf Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space Stephan Livera...
May 03, 2023•59 min•Season 1Ep. 476
Rapha Zagury CIO and Head of Research at Swan joins me to talk: Financial modelling flaws in the fiat financial world Putting things in terms that other people understand Open source research Nakamoto Portfolio Schrodinger Model Lump sum vs DCA Bitcoin vs altcoin Links: Twitter: @alphaazeta Site: NakamotoPortfolio.com Blog: Why Bitcoin is the Ultimate Asset for your IRA Nakamoto Portfolio thread: https://twitter.com/alphaazeta/status/1640005261099139073 Bitcoin vs altcoins thread: https://twitte...
Apr 28, 2023•1 hr 19 min•Season 1Ep. 475
Henrik Skogstrøm, Founder and CEO of LN Capital joins me to talk about the lightning network: Managing large lightning nodes Key challenges Monitoring Notifications Tools required Privacy vs reliability New tech Links: Twitter: @ohskogstrom Twitter: @LN_Capital Site: https://ln.capital/ Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space MicroStrategy Bitcoin and Lightning for Corporations event May 3-4, 2023 (code LIVERA): https://www.microstrategy.com/en/world-2023/bitcoin-for-corp...
Apr 26, 2023•55 min•Season 1Ep. 474
Matthew Mezinskis of Porkopolis / Crypto Voices joins me on the show to help explain the structure of the fiat fractional reserve system. Listen to this episode to get an understanding of the different monetary metrics and more: Monetary metrics, monetary base and more Fractional reserve in the fiat system Eurodollars and ‘crypto’ eurodollars How the bitcoin system may evolve in future Why focusing on bottom up is key Links: Twitter: @crypto_voices Site: Porkopolis.io Sponsors: Swan Bitcoin Coin...
Apr 18, 2023•59 min•Season 1Ep. 473
Matyas Kuchar joins me to talk about the Czech Bitcoiner scene and what’s coming up with BTC Prague: Notable and early bitcoin companies in Prague Organising Bitcoin conferences What to expect with BTC Prague Links: Twitter: @Matyas44Cook Site: BTCPrague.com (use code LIVERA) Twitter: @BtcPrague Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space...
Apr 16, 2023•43 min•Season 1Ep. 472
Erik Cason joins me on the show to talk about his journey as a Bitcoiner, from working at Coinbase to leaving and now writing and speaking about Bitcoin: Digital Panopticon and defunding three letter agencies Making Money vs Caring for money Can Bitcoin be corrupted? Cryptosovereignty and political power Links: Twitter: @Erikcason Site: C ryptosovereignty.org Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space...
Apr 13, 2023•55 min•Season 1Ep. 471
Pierre Rochard (VP of Research at Riot Platforms) rejoins me on the show to correct the NYT’s recent disinformation article on Bitcoin. We discuss: Fundamental problems with the degrowth world view Factual errors in the article Demand response Bitcoin mining has zero emissions How Bitcoiners should respond Links: NYT article screenshots by Pierre Archive.is link to the NYT article Twitter: @BitcoinPierre Sponsors: Swan Bitcoin CoinKite.com (code LIVERA) Mempool.space...
Apr 11, 2023•51 min•Season 1Ep. 470
Peter St Onge rejoins me to talk about whether the world is really dedollarising. What kind of timeframe are we talking about here? We also talk through some recent developments from an austrian economics perspective: Dedollarisation Cantillon Effects Fictional Reserve Banking systems Did the market really ‘choose’ FRB? How Bitcoin is really what most people think of as money Twitter: @profstonge Substack: S tonge. S ubstack.com YT: https://www.youtube.com/@profstonge Swan Bitcoin CoinKite.com (...
Apr 05, 2023•1 hr 2 min•Season 1Ep. 469
Hampus Sjoberg, creator of Blixt Wallet joins me to talk about lightning technology and crafting a non-custodial experience while dealing with the trade offs of custodial lightning. LNURL - what is it and where is it useful? Comparison with bolt12 Blixt wallet and its tradeoffs Lightning Box for offline payments Bitcoin soft forks - why they should be considered Links: Twitter: @hampus_S Site: Blixt Wallet nostr: npub1v4v57fu60zvc9d2uq23cey4fnwvxlzga9q2vta2n6xalu03rs57s0 Prior episodes: SLP449 J...
Mar 21, 2023•1 hr 2 min•Season 1Ep. 468
James Lavish (Author of the Informationist and Managing Partner of Bitcoin Opportunity Fund) rejoins me on the show to talk about the latest: Shocking US government debt stats Silicon Valley Bank bailout and what it portends Using Bitcoin to stay operational in banking crisis Bitcoin Opportunity Fund Links: Twitter: @jameslavish Newsletter: https://jameslavish.substack.com/ BOF: The Bitcoin Opportunity Fund Thread: https://twitter.com/jameslavish/status/1636104435171737602 Sponsor links: Swan Bi...
Mar 18, 2023•1 hr 18 min•Season 1Ep. 467
Ben Carlson, journalist and former editor at The Atlantic joins me on the show to chat about: How the media operates and the model has shifted over time Getting to the truth in this new age How stories get covered up Future of media Uncovering interesting videos Links: Twitter: @bfcarlson Site: bfcarlson.com Sponsors: Swan Bitcoin Mempool.space Unchained Capital (code LIVERA) CoinKite.com (code LIVERA) Buildonl2.com BTCPrague.com Stephan Livera links: Follow me on Twitter @stephanlivera Subscrib...
Mar 17, 2023•1 hr 6 min•Season 1Ep. 466
Calvin Kim (BitMEX & HRF grantee) joins me to talk about utreexo: utreexo and the UTXO set comparison with other ideas e.g. assumevalid and assumeUTXO utreexo proofs Types of utreexo nodes - Bridge + Compact State nodes How it might look in practice Running your own electrum server Privacy benefits Links: Twitter: @kcalvinalvinn utreexo Github: https://github.com/utreexo/utreexo Overview at MIT DCI https://dci.mit.edu/utreexo Blog post: Out of Order Block Validation with Utreexo Accumulators...
Mar 13, 2023•1 hr 3 min•Season 1Ep. 465
Erick Brimen of Prospera joins me to talk about: Creating $100-200T more wealth globally The market for living together Historical examples Governance, Government, & The State ZEDE law and uncertainty Working with Galoy Money Accepting Bitcoin & AmityAge on the island Links: Site: https://prospera.hn/news Twitter: @erickbrimen Other episodes: SLP417 Titus Gebel – Free Cities & Parallel Structures For Liberty SLP161 Titus Gebel – Bitcoin Citadels as Free Private Cities SLP340 Peter Yo...
Mar 08, 2023•1 hr 18 min•Season 1Ep. 464
Greg Sanders of Blockstream joins me to talk about Transaction Pinning, ANYPREVOUT and eltoo. We discuss a range of questions: What is Transaction Pinning? How does mempoolfullrbf help? Transaction Pinning vectors and possible fixes v3 transaction relay Overview of ANYPREVOUT Improvements with eltoo LN Penalty contrasted with LN Symmetry Scaling Bitcoin longer term Relevant episodes: SLP200 Christian Decker – ANYPREVOUT, MPP, Mitigating LN Attacks SLP298 Rusty Russell – Lightning Offers / BOLT12...
Mar 05, 2023•1 hr 2 min•Season 1Ep. 463