Talk Bitcoin to Me

"You keep saying that word. I do not think it means what you think it means."- Inigo Montoya, on "crypto"We've always been all about Bitcoin. But why? What about the other coins, like Ethereum? Why do we have a favorite child? And WHY is it basically a GameBoy?Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------2:18 - Why Bitcoin, and nothing else? 12:14 - What problem does crypto solve?15:05 - What's the attitude in the Bitcoin community regarding “shitcoins?” (+  explanation of Network Effect and internet-operability… aka if Cash App and Venmo played nice)19:44 - Why don't you concern yourself with other coins, Matt? Bitcoin rising to the top… has this always happened, in markets?28:13 - The definition of “CRYPTO.” What are people talking about when they use that word? 32:20 - $100: Las Vegas casino or crypto casino? 34:33 - Addressing rumors in the space: a recent hack and the ripples it causes42:17 - Price conjecture: what the charts say-------------------------Resources: PolyNetwork Hacking Saga Gets Juicier (our headline for this article)Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first orderFollow Redeemer + Kernel Modular on Insta(And follow us!!)

We're BAAAACCCKK... and PREACHY! This frolicking episode has us examining a lot of new news, weird news, and also making errors left and right. We're still learnin', people! And sorry for weird audio... it's definitely a summer break episode right here. --------------------------------------------Times: 2:59 - Episode starts in earnest! We're BACK and talking about recent news, including the new provisions being added to the proposed US Infrastructure Bill.7:49 - Relating to California's new pig farmers11:35 - Discussing world reserve currency, globalization, and the differing lenses of nation states (Nigeria, El Salvador, US)19:13 - Does money NEED to be controlled?24:18 - Thoughts on privacy rights and the role of government in privacy29:18 - Possible paradigm shifts in societal thinking on what money is31:58 - The powerful nature of bitcoin36:52 - Kailey touches on some interesting education metrics insights and tying it back to globalization and bitcoin39:26 - Discussing the different belief (or lack of belief) systems of retail investors buying cryptocurrencies42:12 - Matt giving his two cents on the current bitcoin market (not financial advice, obvi)45:30 - Bitcoin getting greener?47:25 - Defunding NASA?--------------------------------------------Resources: How much infrastructure is in Biden's infrastructure plan?New California Pig RulesElizabeth Warren's current (bad) takes on BitcoinOil-backed world reserve currencyNigerian government learning a hard lesson about BitcoinHow the US Dollar became the world reserve currencyHow much carbon is emitted by Bezos flying a rocket into space?Police reform, defunding, and abolition explained--------------------------------------------Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first orderFollow Redeemer + Kernel Modular on Insta(And follow us!!)

Buckle up, Bitcoiners, because we are heading into a post-China mining SLUMP, but if your "time preference" is high, sit it back and wait it out: the principals that made Bitcoin so strong are still the same. In the meantime, we aimed for a 10-min refresher on Bitty (more like... 15 mins) for you to send to friends and review what you know. As always, HODLon and let us know what you think! Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------2:15 - What we tackle in this episode: Matt refereeing Kailey explaining Bitty3:30 - What is Bitcoin?6:10 - Matt tries to ask leading questions that KAILEY WAS GONNA GET TO7:55 - What about governments banning Bitcoin?9:30 - Why is Bitcoin's price so volatile?13:40 - ELI5 how Bitcoin WORKS15:15 - Final Question: Why should people CARE about Bitcoin?!-------------------------(resources forthcoming, when Matt has a second...)Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first orderFollow Redeemer + Kernel Modular on Insta(And follow us!!)

El Salvador, wtf is "legal tender" anyway, volcanoes!, the Lightning Network, "legal counterfeiting..."Take an itty bitty vitamin with us today as we chat about the above topics. And for the record, Kailey HATES Capri Suns.(show notes forthcoming!) 

Sometimes we just decide we should record an episode, just for the hell of it. And by sometimes, we mean THIS time. In this episode, we sit down to discuss all the juice; Bitcoin Pizza Day, bitcoin's recent price drop (BTFD?), Elon Musk aka the ultimate troll, and so much more. Tune in, and let us know what you think!Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------1:00 - History of Bitcoin Pizza Day/Week4:45 - Etiquette Lesson with Portia and Rob6:00 - Trying to understand the nuance of markets and why it matters15:46 - The state of the markets in our super duper technical analysis20:15 - Wait, Bitcoin has price volatility??30:16 - Our take on current state of the markets and inflation41:09 - Elon Musk shenanigans-------------------------Why Tesla Turns a Profit But Not Because of Car SalesPodcast Episode: What Bitcoin Did - Is the Bitcoin Bull Market Over? with WILLY WOOOOOOOOOOMichael Burry (Christian Bale's character from The Big Short) is betting AGAINST Tesla....Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first orderFollow Redeemer + Kernel Modular on Insta(And follow us!!)!!!Error@44:57

FUD, HODL, DCA, NFT, PoS, PoW?! Let us help you understand the hashtags.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------1:19 - DCA: Dollar Cost Averaging 3:43 - HODL: "Hold." Just hold.6:12 - FUD (noun, verb): Fear, Uncertainty, and Doubt + CBDC: Central Bank Digital Currency9:12 - SATS: Satoshis, the "cent" version of a Bitcoin {not an acronym, just a lil name}9:58 - NFT: Non-Fungible Token12:32 - FOMO + BTFD: Fear of Missing Out + Buy the F***ing Dip14:09 - PoW vs PoS: Proof of Work (Bitcoin) vs Proof of Stake (Ethereum)-------------------------Resources: What would happen if you Dollar Cost Averaged Bitcoin? dcabtc.comThe original HODL post. An absolute icon.Dan Held on Twitter: @danheld (Dan HEDL)Nic Carter's FUD dice - an article that combats allllll the FUDInvestopedia: The difference between Proof of Work and Proof of StakeSponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first orderFollow Redeemer + Kernel Modular on Insta(And follow us!!)

Price drops, taxes, conspiracy theories, oh my! 

It's been a minute, and Bitty be doing crazy things. When we recorded this on Monday, Bitty hadn't been holding so firm at $63k... we're just trying to keep up!In this episode, we hit up:what price means in a free market (especially in the past year)what major players are hopping in the Bitty Hot Tubwhat an "ETF" isAND WE MAKE SURE YOU UNDERSTAND US.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------00:37 - Price, Sentiment, "Free Market"  with PENCILS and APPLES09:30 - Understanding comparative valuations (when both fluctuate)13:15 - How is money valued? We kind of understand...15:57 - Why number go up? Let's speculate!19:39 - Who are the major players (for those who care about that kind of stuff)20:32 - What is Grayscale/Grayscale Bitcoin Trust (GBTC)? WTF is an ETF?25:44 - Market analytics and current sentiment29:45 - Is Bitcoin a threat to government?32:30 - What is a CBDC (Central Bank Digital Currency)?34:30 - Where does Bitcoin go next?38:03 - Song Parody39:22 - Closing question about markets-------------------------Resources: Cover Orchestra, by Jeff RosickWilly Woo's newsletterWhat's an ETF?the "sly, roundabout way" - Hayek (aka, that quote Matt read)Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

Alright y'all! You thought about it, you might've asked us about it, you most likely read about it, and now it's time for us to chime in on it: BITCOIN'S ENERGY CONSUMPTION! Whether you're not quite sure what to think of it, you're sure that bitcoin is going to boil the oceans, or you're just kind meh about it, this episode is definitely going to get those wheels turning. After we take a brief, but mind-bending, detour on discussing taxes (in the US, but maybe applies elsewhere), we dive into discussing our thoughts on bitcoin mining's energy usage. What is it, why does it matter, and is it worth it?? Listen in and make your own decision. We also have a few Dumb Questions to tend to at the end, so make sure to check them out, and take a peek at the resource links in the show notes if you have the time... it's good stuff.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------00:40 - Thoughts on taxes07:07 - Recap of what bitcoin mining is and how it works (see Ep 4.0 for more details)10:40 - What is energy and energy usage?14:30 - Measuring bitcoin's energy usage and the economics of mining17:21 - Electricity and sourcing energy20:35 - Zooming out on energy consumption23:32 - Is it worth it? We get heady with it here.31:00 - Thoughts on news headlines35:55 - So wait, why mining again?38:42 - TL;DR39:48 - Dumb Questions of the Week-------------------------Resources: PoW is Efficient by Dan HeldThis piece, this piece, and this other piece by Nic Carter cofounder of CoinMetrics.ioTweet thread by cryptoanalyst Yassine ElmandjraBulls and BearsHawkish and DovishSponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

What are NFTs?**NFTs (non-fungible tokens) are BASICALLY deeds/certificates of ownership for digital ART(IFACTS).** You can be the owner of a one-of-a-kind piece of art like a .jpg, .png, .gif, movie file (think of owning the unpublished footage of a NBA 3-pointer), music file, blog... It’s original art auctioning, but make it digital. This is a huge moment for artists everywhere, even if the million-dollar CRAZE is temporary. Now, you don’t have to be a sculptor or oil painter to be given a voice at the “fine art price tag” table! AND!!? This kind of technology isn’t going anywhere! Have a listen to our episode, where we break it down. Even if you know what NFTs are, we imagine the future use-cases in an increasingly digital world. Kings of Leon, Jesus-shaped Cheetos, Smart Contracts, thwarting concert tix scalpers, “Crypto Kitties” vs Tamogatchis, the underground trading world of Rare Kool-Aid packets…they all have a place in this podcast.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------01:33 - Privilege06:45 - Sponsor Shout Out!08:03 - Diving in to NFTs: Definition, What is Ethereum and how does it facilitate a "smart contract," what is "decentralized finance" (DeFi)12:00 - BUT WHAT IS A SMART CONTRACT14:35 - Pause and Review**SKIPTOHERE if you want to miss nerdy stuff.* 16:50 - Okay: "An NFT is a deed of ownership to digital art."22:40 - The Future of NFTs (or, get these artists PAID)29:08 - cool announcement ;)-------------------------Resources: Article - NFTs, ExplainedPodcast - Waveform: NFTs Explained with Justin MallerPodcast - Sixteen Minutes: When Christie's Meets Crypto—The NFT MomentAwesome Deep Dive Article! - NFTs Explain It Like I'm FiveCheetos on EbayRare Kool-Aid FlavorsCrypto Kitties - "Collect and Breed Furrever Friends!" (Terrifying.)Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

Our longest ep yet explores the tech behind this thing called Bitcoin. Because whether you support it or hate it, you should probably understand it, right?Blockchain. Mining. Forking. Nodes. What. The. F***.We break it down with plenty of Wall-E metaphors and even a sing-song recap. Feel free to pause and re-wind, as this episode is more First Grade than Kindergarten. But you're ready.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------06:10 - What is the "Blockchain?"14:58 - What is "Mining?"24:44 - Keeping the Network "honest"27:22 - Is "forking" as sexy as it sounds?30:40 - The "Network Effect"  (aka "netflix" over "shetflix")32:50 - The "Proof of Work" and "Mining Economics"41:10 - Running a "Node"44:15 - LET KAILEY REVIEW IN A SENSICAL, MUSICAL WAY47:15 - The future of Bitcoin security + #ELI5 quantum computers-------------------------Resources: Video - How Bitcoin Works (in 5 minutes, technical)Video - How Bitcoin Works (in 27 minutes, more technical)Jameson Lopp's Bitcoin Full Node Information and Technical ResourcesJameson Lopp's Bitcoin Mining ResourcesIntro to types of Bitcoin Forks (including types not covered in this episode)Bitcoin's monetary policy of controlled supplyClark Moody's Bitcoin Dashboard - for those that want to see all the network happenings in realtime.Sponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

BITCOIN NATION! We passed the 1 trillion market cap. It’s ok if you don’t know what that is—just know, it’s a big deal. So, let’s review what we know about the bitty and tackle some grab-bag questions that you’ve been sending us! "I don't want to over-represent Bitcoin as some kind of savior, but I do think it's been over-villainized... it's like Deadpool."The Bachelor, Charlie's Angels, Doctor Manhattan. They all have a place in this podcast.Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------0:36 Let’s review what we know about Bitcoin so far9:58 Q1: What’s the word for government money? A vocabulary lesson of “fiat”13:10 Q2: Wtf is a bank run? + fun facts about “reserve requirements”19:33 Q3: Do I have to pay taxes on Bitcoin?21:34 Q4: Can I own Bitcoin jointly? This answer goes into WALLETS, which are an important component in the crypto system. Listen up. 24:47 Q5: Isn’t Bitcoin—an internet-based currency—therefore inaccessible to the disenfranchised among us, like those without internet?29:53 Q6: Where do I buy Bitcoin? Where should I store my Bitcoin? Resources: Bank reserve requirements drop to 0%: https://www.investopedia.com/terms/r/reserveratio.aspIf you want to buy Bitcoin NOT on CashApp, but you’re still a bit of a newbie: swanbitcoin.comWallets we mention: Green Wallet & Blue WalletOur favorite podcast: What Bitcoin Did with our king, Peter McCormackSponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

We feel you. Trying to understand Bitcoin is like trying to understand The Emerald City if you’ve never left Kansas. Come with us, Dorothy. We walk through some easy definitions, break down the title of the Whitepaper, and compare BTC to gold/dollars in terms of properties of money. The Matrix, Tragic Kingdom, the Flaming Lips, and some of our BTC heroes... they all have a place in this podcast. Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. -------------------------1:20 - Overview of Episode: decentralization, what we won't cover6:10 - Who wrote Bitcoin?8:36 - WHAT. IS. BITCOIN? Definitions from peeps in the space.21:00 - Guests and Sponsors24:21 - The Bitcoin Whitepaper (just the title): "double spending," "distributed ledger," and other scary terms34:47 - Bitcoin versus the properties of money40:55 - Looking ahead to next topics42:36 - The Dumbest Question of the Week: S&P50046:28 - Musical Guest-----------------Resources: The podcast episode we'd point you towards: What Is Bitcoin?: What Bitcoin Did Podcast with our hero, Peter McCormackThe Bullish Case for Bitcoin by Vijay BoyapatiThe Number Zero and Bitcoin by Robert BreedloveIntroduction to Bitcoin (Video) by Andreas AntonopoulosSponsors:Kernel Modular — Use code: BITTYBITTYBUMBUM for 10% off your first orderRedeemer Small Batch — Use code: TALKBITTY15 for 15% off your first order

We all want it, but do we "get" it? You can't understand Bitcoin (or... anything) without understanding what money is, its properties, its history, its flaws, and how it can improve. Uncut Gems, Beanie Babies, #PortlandPlayhouse, and Jessie J... they all have a place in this podcast. Follow us on twitter @talkbittytome & email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome.  0:36 - Follow up on Robinhood Situation3:07 - What is Money? Bartering, Scarcity, Gold, Phases of Being Money: Collectible --> Store of Value --> Medium of Exchange --> Unit of Account15:05 - So What Happened With Gold?! 1933, Bretton-Woods, 197129:56 - Let's Review and Grade: Paper Money, on a Scale of 1-1036:06 - Musical Guest **Correction: The natives who trade with Rai Stones are "Yapese." Read further below.Resources: Rai stonesTrade beadsExecutive Action 6102WTF happened in 1971?23.6% of All Dollars Created in 2020Podcast: What Bitcoin Did? What Is Money with Parker Lewis 

In this slightly off-topic episode, we discuss the recent headlines regarding Wall Street shorts, r/wallstreetbets, and the Gamestop ($GME) fiasco. While we don't cover much related to Bitcoin in this one, we thought listeners might be interested to learn the basics of what the hell is going on. What a time to be alive...Follow us on twitter @talkbittytome or email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. 0:36 - The Headlines: Gamestop, Shorts, and Reddit1:50 - What is "shorting" the market?6:30 - What is Gamestop? (+ hedge funds)10:35 - What does Reddit have to do with it? 13:30 - What's a short squeeze?16:15 - The Fallout: Robinhood, David vs Goliath (vs... Other Goliath?)22:10 - What this means for the future (and the Davids) Resources: This Vox articleThis CNBC articleNumerous TikTok Videos, go watch and get the jokes

A podcast for peeps to learn about Bitcoin without feeling stupid! Episode 0: who we are, why we're doing this, our pitch for Bitcoin, and what you can expect in future episodes. Follow us on twitter @talkbittytome or email us at talkbittytome@gmail.com. Tip us on Venmo at @kaileyrhodes1, CashApp $talkbittytome. 0:36 - Who are these people? Meet Matt, Kailey, and Bitty6:06 - Finally, a beginner's resource9:53 - Who should be listening? (You)11:15 - Our Bitcoin elevator pitches16:57 - Why now? 20:00 - Bitcoin vs "crypto", "stock", and the future25:40 - What to expect in future episodes27:15 - The Dumbest Question of the Week