The Café Bitcoin Podcast

The last day. Brady opened with the count, 37 shows in 50 days, and the campaign's frame: political independence 250 years ago, monetary independence now. Yan Pritzker, Frank Corva, Suze and Alec on stage; Unseen Finance returned at the end.The Liquid hack, plainly. On Sunday somebody sent 4,000 L-BTC to SideSwap's peg-out and the Liquid Federation paid out real Bitcoin. The L-BTC had been created from nothing. Blockstream paused the sidechain and 3,400 Bitcoin came back Monday.⭐ Yan on what broke: a caching bug, not anyone's keys. "The only two hard problems in computer science are naming and cache invalidation." Two transactions shared one cache key, so validators mistook a fake for one already checked.Why it is not Bitcoin. Yan: Liquid is an 11-of-15 federation of companies with its own database and rules. "This is a separate thing, this is not Bitcoin itself." Lightning is built on Bitcoin script; Liquid is not.⭐ Frank on the 15%. The hackers returned 85% and kept about 600 Bitcoin. His question: will anyone be made whole, and if they keep it, "they're surely not white hats." A Bitcoin Policy Institute lawyer offered to talk.Yan's verdict on the hat color: gray. Taking everything to beat a black hat is arguable. Keeping a cut is not. "You don't just return a wallet and take a bunch of stuff out of it."Suze's question: Bitcoiners are ruthless about added trust assumptions, so why did Liquid get a pass? "Were we discerning enough?" Leave the base layer and you take on another code base and another set of failure points.⭐ Yan on open source in the AI era: it stays because every open project gets red-teamed by the whole internet. Closed systems get hacked too, "we just don't hear about them." The base chain is "the ultimate boss" nobody has beaten.Yan's bank numbers, read live from the Identity Theft Resource Center: 3,332 reported data compromises in 2025 affecting 280 million people, 739 of them in financial services. "Bank-grade security" is not a standard anyone actually meets.⭐ Frank's hard question: must the layers be as bulletproof as Bitcoin? Yan: nothing is, and the only path is slow growth. Bitcoin was attacked at $1, then $10,000, then a billion. Early adopters carry the risk.Yan's rocket-ship rule. Bitcoin Core engineering is closer to launching a spacecraft than shipping web software. "Years of careful review, study, simulations on other chains." Test new tech on other coins for two years first.Suze asked whether ossification risks losing the skills to change Bitcoin in 50 years. Frank and Yan: no. Ossification is no new features, not no developers, and AI has widened who can work on cryptography and game theory.Yan on open-weight versus hosted AI: the same debate as open source versus closed, and open source won the internet. His advice to companies: externalize memory, skills and harness so you can swap models. Swan built its own.Unseen Finance returned with a proposal: these incidents are a credibility problem for the services on top of Bitcoin, not for Bitcoin. His fix, borrowed from banking: a self-regulatory body plus an insurance pool that service providers pay into.Brady's tally at the close: Cory, Yan, Steve, Alec, Isaiah, Matt and Brandon from Swan; Larry Lepard three times; Parker Lewis, Daniel Batten, Tom and Callum, Guy Swann, Ryan MacLeod, Alana, Bob Burnett, Roxana. Suze made 35 of 37.The close. "We have the tools, we have the knowledge, we have the culture, we have the determination." The half-price buy fee ends today; limit orders placed today keep it. Yan's last word: take security seriously, "go play with AI."

A Friday hang that took a turn. Tomer Strolight, Suze, Swan Private's Alec and Matt, then Brandon Quittem and Dirty Coin director Alana. The surprise came from the audience: an anonymous 40-year IMF and central-bank veteran, @UnseenFinance.Brady opened on a viral Instagram video, described on air and unverified at air time: Meta AI's suggested questions on a mother's post surfaced her child's name, her location and a deleted photo. "Breadcrumbs for stalkers laid out nice and neat."Tomer called it the new reality and a double-edged sword: the panopticon that erodes privacy also finds a missing child after an Amber Alert. Every recorded word now has "perfect recall," which he called "a metaphysical change in how reality works."Brady's frame: decades of data on a public network, then phones with microphones and cameras, then AI to stitch it together. "Orwell was right. Maybe it didn't play out exactly the same way, but we all opted into it."Suze went further: worse than Orwell, who never predicted programmable money. Her point was aggregation, a phone number, an employer, a public record: "once data gets copied, leaked, sold and ends up on the dark web, it is impossible to claw back."⭐ The surprise guest: 40 years across the IMF, development banks and central banks, "what often Bitcoiners call the enemy." KYC scope creep brought him to Bitcoin: rules for big criminals now "attacking single mothers. How dare you brought in $300?"Alana argued most people don't value privacy. Her rule, from a Spanish saying: closed mouths, flies don't fly in. Her forecast: "it's going to get worse before it gets worse," then regulation arrives "for the safety of the children."⭐ Tomer pushed back on the doom: technology is unstoppable, so use it morally and defend yourself with it. Embracing coal led to gas and electricity; fearing nuclear for 70 to 80 years left the world with worse energy and worse governments.⭐⭐ Suze asked the ex-IMF guest whether institutions understand the surveillance they build. His answer: the people at the top are excellent and well-intentioned; the damage happens in the "telephone game" downward, ending with a bank clerk blocking a payment from fear.Suze quoted Carstens on CBDC control; the guest said central banks "100%" believe CBDCs expand access and reduce poverty. Brady disagreed: security, poverty and children are window dressing; the Patriot Act and KYC/AML show how narrow mandates become mass surveillance.Brady's hope story: Snowden broke his faith in government; Bitcoin and the cypherpunks restored it. His ask now: Bitcoiners should learn open-weight AI models the way they learned nodes and wallets, as personal defence against deep fakes and scrapers.⭐ Brandon brought Kevin Kelly's What Technology Wants: technology is an extension of evolution and every technology carries a bias. A CBDC wants control and reduced privacy; Bitcoin wants individual sovereignty. One panelist's summary: Promethean versus Faustian technology.Brandon raised Gladstein's structural-adjustment critique. From the inside, the guest said, "that's not true": governments come to the IMF, then blame it for the conditions while "the IMF sits back and takes that black eye." Brandon: bad outcomes, bad program.Tomer's reconciliation: there is no parallel universe to test the counterfactual, so fallible people with incentives argue over outcomes. Technology's biases compound objectively; human biases compound with incentives. He credited Erik Cason's "oath of the machines" from Cryptosovereignty.The guest closed on a "eulogy for Bitcoin" he published in January: too much price pumping and Wall Street, contrary to self-sovereignty. Tomer's counter: the players who exploited fiat are arriving, but "bailouts are still impossible in Bitcoin."Close: no show Monday, the finale is Tuesday, September 8, the last day of the half-price buy fee. Brady thanked the surprise guest: "it's fun when we do these spaces to get surprises like that from the audience."

A mining show, and the Space crashed midway. Bob Burnett, elected chairman of OCEAN two days earlier, joined Tom French and Callum Wheeler of RenewaBlox, with Suze and Swan's Alec on stage.⭐ Burnett's hashrate taxonomy now has three animals: rabbits (home miners, maybe 1 to 2% of hash), wild horses (miners who produce their own power), and captive elephants (industrial miners on someone else's grid).His definition of the risk: "captive means you are dependent on somebody else to provide you with the power. Wild means you produce your own energy, and so therefore you have freedom."⭐⭐ His target, said plainly: if wild horses reach roughly a third of the network, "we have a great deal of resistance to hash centralization." His own read is that the elephants have shrunk as public miners pivoted toward AI.⭐⭐ Asked whether mining stabilizes the grid, he conceded what the industry rarely does: "we overstate our ability to have impact." Bitcoin uses half a percent of world electricity, and "we cannot stabilize the world's grids. We're not big enough."The scale he put on it: roughly 160 terawatt-hours a year against about 30,000 globally, and a block-reward industry of "roughly $10 billion" in 2026. Local and regional cooperation, yes. Macro stabilization, no.Barefoot Mining's own model is the wild horse in practice. The company owns gas wells in Pennsylvania, runs engines Burnett says burn nearly emission-free, and is investing heavily in stranded natural gas over the next six to twelve months.⭐ RenewaBlox brought the UK version. Callum described two run-of-river hydro projects in Scotland, one roughly a megawatt and fully off-grid after the network operator made a connection uneconomic.⭐ Tom's small-site example was the one that made the economics concrete: a 200-kilowatt hydro site with export capped at 150, leaving 50 kilowatts of headroom and, by his figures, around 18 to 19 pence per kilowatt-hour on the table.The Space dropped right there, mid-sentence. The recording picks up with "Are we back?" and the room reassembled within a minute.The heat lane: a distillery in Annandale is piloting a sand battery, turning excess electricity into stored heat through a resistor. RenewaBlox's first thought was that the resistor could be an ASIC.Suze relayed a listener's challenge that Burnett had said mining doesn't stabilize the grid. He confirmed it, which is how the concession above got made.Tom on where efficiency gains come from: today's rooftop solar is bounded by the Shockley-Queisser limit, and stacking perovskite tandem layers could lift panel output roughly 10% per layer, with five or six layers as a plausible ceiling.Burnett on AI: he uses it daily to run operations and won't put constraints on what it might unlock, but for his lifetime the energy story stays gas and renewables.The campaign is in its last days. No show Monday. Tomorrow is the last episode of the week, and the final episode is Tuesday, September 8, also the last day for the half-price buy fee.

Brandon Quittem walked through an essay he has never published, and Brady said so up front. The idea: Bitcoin resembles the Apache, who held off three empires for centuries because there was no leader to remove. He opened with the disclaimer, and it matters: "analogy, analogy, analogy. It's not one to one. These are just frameworks." ⭐ The mechanism he laid out: a centralized organization has a choke point, so Cortés could take an empire by capturing one man. The Apache had no such point, so killing a leader just produced two bands instead of one. ⭐⭐ What finally worked was a gift, not a fight. The US gave Apache leaders 100 head of cattle. A people who had never stored wealth formed a council to divide it, and the wealth eroded them from inside. His one-line version of the lesson: "you cannot fight decentralized organizations face-on. You have to subvert them from the inside, through values, through corruption, or by applying leverage on leaders." ⭐ He called it the golden cow, and named the Bitcoin version carefully: early holders get wealthy, stop fighting, and the supply drifts into a few custodial products. Then he hedged: he is not claiming we are there. Brady asked whether the cattle were a knowing move by the US government or an accident that happened to work. Brandon treated it as an open historical question rather than asserting intent. Brady's larger question ran under the whole hour: does culture even matter to Bitcoin? Brandon traced the waves, cypherpunks first, then libertarians and sound-money people, then the writers, and argued each cohort changed what the network was defended for. A listener's take on custody was the practical takeaway: custodians have gotten much better, and the thing to protect is not a purity test but the standing ability to exit to self-custody quickly if you ever need to. ⭐⭐ Then the fungi, and the origin story, told here for the first time. He wrote part one of the mycelium essay in one night after a meetup. Dan Held edited it and gave him confidence to publish in 2018. He was gun-shy because the genre didn't exist yet: "in 2018 there wasn't a lot of esoteric Bitcoin-is-a-living-organism talk." Held's own four-part series had compared Bitcoin to a tree and Satoshi to a gardener. ⭐ The biology, in his words: mycelium is the organism and the mushroom is just the reproductive organ. The network has no brain, runs underground or inside trees, and moves information in both directions across long distances and across species. Brady brought the pop-culture version: Star Trek Discovery built a spore drive on an intergalactic mycelial network, with an astromycologist character named Lieutenant Paul Stamets after the real mycologist Brandon cites. Brandon on why fungal medicine works on humans: the biology is close enough that a molecule a fungus builds to fight bacteria often works in us. His estimate is that over half of modern pharmacology is fungal or fungi-derived. The detail that got the room: Ötzi the Iceman, the frozen body found in the Italian Alps with an arrow in his back, was carrying several kinds of mushrooms when he died. His stated principle for the whole project: a "polymathic responsibility" to combine what you know from elsewhere to explain a genuinely new thing. Tomorrow: Bob Burnett, newly promoted to chairman of Ocean Mining, on what comes next for the pool.

No booked guest today, and the show was better for it. Brady opened the room to listener Bitcoin questions, and the format ran most of the hour. ⭐ Suze gave the single sharpest illustration of UK debanking anyone has offered on this show: Bitcoin Policy UK calls itself BP UK because naming Bitcoin or crypto makes it materially harder to obtain banking services. The UK debanking inquiry's evidence window closed the day before. Suze confirmed no findings yet, the group collects every submission, then publishes a report. She was precise about what the body can and can't do: an All-Party Parliamentary Group isn't made of ministers and holds no legislative power. It advises MPs and puts an issue on the table. Her frame on the underlying problem: roughly 40% of these businesses face blocked or delayed lawful transactions, and firms are leaving the country. Her line was that it shouldn't take an inquiry to point out the obvious. ⭐ The longest conversation of the day started with a listener question about whether anything replaces the liquidity role stablecoins currently play, and ran deep into how Lightning channels, sidechains and settlement layers actually differ. The practical answer the room landed on: liquidity isn't a technological hurdle, it follows demand. The reasons things settle where they settle are mostly regulatory and operational rather than technical. ⭐ Cory's case against Bitcoin price models: a best-fit line through past data has no predictive power, and stopping your sample earlier doesn't fix it, because dozens of lines fit any window. He'd tested it before: using only 2010 to 2012 data he found lines that predicted Bitcoin's price through 2022 better than stock-to-flow did. His verdict on the genre, and it's the keeper: the models smuggle in an assumption about future adoption and then present it as knowledge. "This is just astrology for dudes." ⭐⭐ The GBTC segment came with real numbers. Roughly $8.5 billion still sits in the trust at about six times the cost of competing products, much of it in brokerage accounts people haven't looked at in years. ⭐ And Swan is actively doing something about it. Alec has been running conversions out of GBTC into directly held Bitcoin through Real Bitcoin Exchange, without selling on the open market, and the original cost basis carries over. ⭐⭐ Brady closed on the tagline from his own podcast, and made the historical case for it. Money is the foundation of civilization, because everything a society builds that outlasts one lifetime requires somebody able to save. Rome minted the denarius from 211 BC and held it for 275 years, roughly ten generations. The roads, the aqueducts, the law and a trade network from Britain to Syria were built on a coin that didn't move. Then Nero clipped it in 64 AD, the year Rome burned, taking the silver to about 94%. Nobody rioted. Marcus Aurelius took it to 75%, Severus under 60%, and it reached roughly 2% within a century. ⭐ Four coins, three civilizations: denarius 275 years, solidus about 700, ducat over 500, florin 281. The flowering sits on top of the stable money; the decline begins after somebody starts clipping it. Suze's lightest moment: she watched Hamilton with her daughter and realized partway through that it was the story Cory had been writing about all along.

Larry Lepard's third appearance, and his position has sharpened each time. Days 6 and 21 asked whether the Big Print was coming. This one was about the mechanism, and his answer is the bond market. His central claim: yield curve control is the destination. "It has to be. There's no other choice." The open questions he named are what they call it, how they justify it, and what the politics look like. The mechanism, in his words: once the Fed formally caps a rate, "the entire bond market is going to look at the Fed and say, sold to you. And their balance sheet explodes. And that's the big print." The doom loop, with a number. The average rate across all outstanding US debt is about 3.45%, and every maturity on the curve today prices above it. Each rollover raises interest cost, widening the deficit, forcing more issuance. He pointed at the whole world, not just Treasuries. US, German, French, Italian and Japanese 10-year yields all near multi-year highs. His read: "the bond markets are telling us, we don't believe you." On Warsh: painted into a corner. The speech was hawkish enough that absent very soft data he has to hike on September 16, and Lepard doubts he will. His prediction: Warsh's credibility is gone within six months. Why he thinks the choice is already made: given a trapped chair, "he'll always choose the inflationary path versus the collapse-the-economy path." Brady asked what happens to the institutions legally required to hold bonds. Lepard went to insurers first, flagged private equity buying up insurance businesses, and questioned whether annuity holders get paid what they expect. The World War II precedent was his template. Debt-to-GDP around 120% after the war, a year of roughly 18% inflation in the early 1950s, and yield curve control running through 1952. Inflating out is the historical answer. He drew a careful distinction with Lyn Alden's gradual-print view and conceded her case: absent a crisis, a slow grind is what policymakers prefer. His note: Powell already reversed tightening and called it reserve management, not QE. Asked what would change his mind, he gave a real answer: governments behaving responsibly. Cutting defense, narrowing the footprint, means-testing Social Security and Medicare. He does not expect it. He owned the cost of being early. He compared himself to Michael Burry being right about housing too soon and said plainly that he has suffered stretches of this trade since 2008 and expects more. The close was not doom, and he said so directly. He argued the absence of sound money has cost millions of lives, that his forecast is arithmetic and not pessimism, and that sound money leaves his grandkids better off.

The Core Lightning security story, told responsibly. Maintainers found critical vulnerabilities and told CLN operators to shut down until the emergency release. No reported loss of funds, patch within 48 hours, source held back to slow attackers. The part that connects everything: AI found the bugs. Multiple AI-generated vulnerability reports reached the maintainers within days, the exact defending-bots era Lyn Alden described on Tuesday's show. Red teaming worked, disclosure worked, funds stayed safe. The quantum demo got covered with caveats attached. A post-quantum resistant Bitcoin transaction was mined this week, no fork required, though it takes serious compute and a direct path to a pool. Multiple approaches now exist in public. Alec's take on the institutional side of quantum: the perceived risk matters more than the technical one right now, and it surfaces at the end of client conversations whenever quantum makes headlines. Public demos shrink that perceived risk. Jackson Hole opened with Warsh's keynote ahead, and the stage read stablecoins through the debt lens. Alec's framing: dollar tokens backed by Treasuries, interest kept, amount to zero-percent financing for a debt headed multiples higher by 2050. Suze took apart the new Bank of England mandate, a stablecoin-support duty while lawful Bitcoin purchases stay blocked: "I don't think they understand how to keep financial stability, and doing it via stablecoins is not going to do that." Her receipts ran deep: Bitcoin Policy UK's consultation asked for Bitcoin to get stablecoins' payments treatment, since Bitcoin is 22% of UK digital-currency payments. Plus the Sunak flashback: a "crypto hub" speech the week the FCA made buying harder. The Flock camera conversation became the heart of the show. AI-analyzed camera networks tying databases into precrime-style profiles, up tenfold in a year, and Suze's lived version: London systems where "computer says no" and nothing can be challenged. The China comparison landed hard: social credit as the endpoint where surveillance meets behavioral scoring, and the room's point that humans' evolutionary need for social standing is exactly the lever such systems pull. The open-source answer got its due: local, self-run software, from routers to LLMs, as the household-level defense, the same architecture argument as running your own node. Brady closed with the Snowden-to-Bitcoin arc: post-2013 pessimism about digital tyranny, and Bitcoin as the discovery that made optimism rational again. "Bitcoin is hope. And we need to stay optimistic so we can do the work effectively."

Her read on the Treasury story: the market was orderly and the interventions premature. The selloff was rational, the curve is not even steep, and surprise announcements draw attention to a controlled problem. Her phrase: the Streisand effect. She called the buyback program "a super soft form of yield curve control" and said the reaction in gold and Bitcoin is understandable, because surprise dovish anxiety from the Treasury has historically been good for hard money. On Druckenmiller's op-ed, she partially disagreed with a man she calls "the goat." The long yield as fiscal disciplinarian is the optimistic case. In practice, she argued, politics makes debasement and financial repression the realistic path. Her 1940s comparison cut both ways. Yield curve control once pinned yields at 2.5% while inflation hit 19%, and it worked because society was young and productive. Today's version arrives with peaking demographics and inflation-linked liabilities. On the bull question, she answered with structure instead of a target. Seller exhaustion, spot-driven flows, and the chartist-to-momentum cycle: "what does it need a reason to go up, it just can't really go down anymore." The Fed, in her framework, is "a periphery actor" under fiscal dominance. Her base case is zero to one rate hikes this year, since rate hikes address lending-driven inflation and today's inflation is fiscal and geopolitical. Her stablecoin frame: they compress the overhead of an offshore bank account down to a smartphone. Powerful for payments and working capital across Africa's forty-plus currencies, while holders eat the full debasement and permission stays with the issuer. On the viral Vance reserve-currency clip, she noted it actually dates to 2023, then walked the argument: the issuer's currency stays overvalued, exports suffer, and the industrial base hollows out while benefits flow to the government. Suze's question on AI inside UK government drew the segment of the show. From aircraft-simulator systems engineering to white-hat AI: "you just have to hope that your defending bot is as good or better than the attacking bots." Her novel, The Stolguard Incident, closed the hour. Surveillance piles up until a civilization-scale breach forces partial rollback, with a sequel in progress. Fiction, she said, lets people learn lessons without living them.

Bitcoin pushed into the high $70,000s and held there. Friday closed near $78,300 and the room watched it cross $79,900 live. Cory's read on why it stuck: the move was spot driven, not leveraged. The ETFs took in $1.92 billion last week per Farside, the strongest week since October 2025. BlackRock accounted for $1.3 billion of it, across five consecutive positive days. Treasury may tap roughly $950 billion from its general account to buy back long bonds. Cory walked through selling short bills to buy the long end, and read it as pressure on traders to stop selling. Answering Nic Carter's essay, Cory rejected the frame before the argument, then offered a narrower definition in its place. Not that other assets disappear. That Bitcoin is the sole uniquely credible form of digital monetary scarcity, settled at inception. Nat offered the cleanest reframe of the hour. You are either a Bitcoin maximalist or a fiat maximalist. Suze added the distinguishing test: no issuer, no CEO, no company, a fixed supply. The real disagreement was dollar tokens on Bitcoin rails. Nat argued it puts people one step from Bitcoin. Cory argued it perpetuates dollars using Bitcoin to do it, and invites government attention. Cory's read on the GENIUS Act: it built a dollar machine. A regulated dollar token can now appear simply as USD inside banking and payment apps, turning fintechs into marketers of dollars at scale. Store of value comes first, and the timeline is long. Cory posted a 2021 chart of his own to argue the framing held up and the timing did not. One guest made the case for AI agents driving payments. Suze's sharpest point was regulatory. The UK's Financial Conduct Authority applies one "same risk, same regulation" standard across the board, so its own rules cannot distinguish Bitcoin from a token spun up in thirty seconds. The hosts closed against trading. Conviction through the cycle rather than timing it, and Brady flagged the 200-week moving average near $64,000 as the level Bitcoin bounced from this summer.

Bitcoin around $77,200, up almost 8% on the day and 23% on the week, and the show opens on the mood rather than the chart. Cory, joining from Istanbul: "the shitposting is just completely off the charts. We're back. We're so back." Brandon's read on the turn: "we needed this one. It was a rough couple months." ⭐ Adam Livingston makes the pragmatic case for sovereign accumulation, and grounds it in incentives rather than ideology: governments are made of people, and those people face the same pull Bitcoiners do to accumulate and hold. "I think the sovereigns will end up having to move in size because they're going to be following the same incentives that humans do." He frames the whole thing as owning the denominator. Asked how to allocate capital rationally into an AI boom with equities at high multiples, his answer is to own the hardest asset instead: "I want to own the denominator... how do you argue against sound money, a sound denominator, when things are just starting to get crazy?" ⭐ Brandon Quittem on the K-shaped recovery as the simplest description of the moment: Main Street squeezed while financial assets rise, and when that gap becomes the whole story, "we can call that populism." His warning is blunt about where it goes if the band doesn't tighten, and he names rising socialism and political violence as the risk rather than a slogan. The pairing that makes the macro section unusual: institutions are being asked to respond to two exponential shocks at once, the failure of fiat money and the arrival of AI, and "our institutions don't have the capacity to respond to the speed at which things are happening." ⭐⭐ Robert Baggs of Cointelegraph brings reporting that has not been on this show before. MoD systems engineers speaking anonymously to the outlet The Nerve dismantle the government's own reassurance that Britain retains ownership of its data. One engineer's line: "whether or not the UK technically owns the data is almost irrelevant. That's like reading a secret love letter and then saying the secrets in it are safe because you promised not to copy it down word for word." ⭐ And the concept that makes the Palantir story land for anyone, not just privacy people: the mosaic effect. Baggs got it from Professor Daniel Solove, the most cited privacy lawyer in history: individually innocuous pieces of data mean nothing alone, and combined they give away a great deal. Which is why a government retaining formal ownership changes nothing if the vendor can still read it. Suze's framing sits underneath it: the question is not who owns the data, it is who has the leverage. Her Forbes piece on Palantir's expanding role in Britain's digital state is the spine of the segment, including Parliament having already called that role an unacceptable point of weakness. ⭐⭐ Guy Swann turns the privacy conversation from complaint into construction. He is building peer-to-peer file sharing and has released the underlying engine, with the drive itself still unreleased: "it's entirely peer to peer, and there's nobody in the middle of this. It is mine and we built it." His diagnosis of why privacy keeps losing is economic, not technical: "if they're providing something for free that costs a lot, they're going to milk it for everything it's worth... and the only way you get around that is if you make desktop computers cool again. Get off of iCloud and build your own tools to run your own stuff." And the line that reframes the whole build-your-own objection: "thank God we have AI to actually do that." The tools that made surveillance cheap also made self-hosting achievable for people who are not developers. His product standard, worth stealing: "If it's not fun to use, if it doesn't work like you want it to work, then we're just not done." ⭐ Adam closes on Bitcoin against gold rather than against dollars. The gold ratio has recovered sharply off the February low, and his framing: "gold is hard money, but Bitcoin is the apex predator."

Bitcoin ran about 12% in 24 hours, from roughly $66,000 to $72,000, and the show opens on it. Parker spends the hour on what produced it rather than the number itself: the long end of the Treasury curve is behaving in a way the Treasury cannot fix. ⭐ The catalyst nobody led with: the Treasury announced a $4 billion buyback of long bonds. The 10-year yield sat at 4.68% at the announcement and fell to 4.63%, then within 24 hours went to 4.71%, above where it was before the intervention. Parker's read: the announcement "signaled a fear that everyone has of what's happening with the long end of the U.S. Treasury curve, and that the Treasury can't really do anything about it." His verdict on the scale mismatch: for "an entity that is 40 trillion in debt," shifting things around with buybacks "doesn't really move the needle," and "the only one entity that can move the needle is the Fed by introducing more reserves into the system." His summary of the week: "it's clear that things are breaking." ⭐⭐ On Hank Paulson's "break the glass" comment, which Parker treats as the signal of the year. Paulson, Treasury Secretary during the 2008 crisis, said earlier this year that the US needs a break-the-glass plan, referring to a point where authorities lose control of credit markets because of system leverage. Parker's translation: "we need a plan right now for when we lose total control," and Paulson said it because it is inevitable. Why he thinks the playbook is running out: in 2008 they "put the genie back in the bottle" by printing digitally, and did the same in 2020. "There's only so many times you can do that where the market learns and no longer buys it." He finds it hard to envision more than two more. ⭐ What "regime change" actually means to him, and it is about a generation of investors: the Bank of Japan held rates at zero as long as the Fed did, and once rates break above anything seen in twenty years, "you have a whole class of investor that had been conditioned to the Fed put." The 30-year JGB and the 30-year Treasury doing this simultaneously is, in his words, a signal that the zero-bound belief is dead. His position on long-duration bonds is absolute: anybody lending dollars for thirty years, or perpetually, at 5% or any rate is taking a negative real return, "and what that ultimately means is that it's uninvestable." People can trade around the Fed put; the question is whether anyone still believes it is there. ⭐⭐ Asked about the two strongest objections to Bitcoin as a medium of exchange, Gresham's law and taxes, he reframes both as the same mistake. "It's not really a spending bitcoin dilemma, it's a save versus spend" question, because if you were going to spend fiat you could have chosen to save in Bitcoin instead. "We all need to consume. We all have needs and wants and both are valid." The part that makes the argument concrete: if 1% of your savings is in Bitcoin and 99% is in fiat, then of course spending the fiat is more logical. The calculus only inverts once Bitcoin is the majority of your savings, which he argues happens naturally the longer someone saves in it. Same answer on capital gains: if fiat has been destroyed over that period, the good is not actually more expensive. ⭐ On the ribeye index, and his methodology is the useful part. Same cut, same store, same city, $19.99 in 2020 to $37.99 today, and he keeps it partly "to troll the fiat maximalists" who object that it must be dry-aged. His advice to anyone: track a thing you actually consume, at the same location, and pick items requiring the least refinement, an uncooked ribeye, an egg, a piece of chicken, because those are commoditized units that require proof of work to reach market. He no longer buys that ribeye. He now buys beef directly from his rancher and pays in Bitcoin, which is the payments thesis showing up in his own grocery habits. ⭐ Suze asks the hardest question of the show: if most people access Bitcoin through ETFs, custodians, exchanges and payment companies, do we risk recreating a financial system where the protocol is decentralized but the practical points of access are highly centralized? She notes she is "becoming increasingly concerned with the direction of travel." Parker's answer concedes ground and then reframes. He used to think it did not matter so long as the base layer stayed decentralized, but he now says "we never know how sufficiently secure Bitcoin is and how sufficiently decentralized it is until a direct threat is identified," so subsets of people must keep hardening it. His reason for optimism is friction: Bitcoin used in direct commerce is "water moving downhill," because it is the path of least friction for trade. On the Coldcard incident, which he raises unprompted: "I feel terribly for the people that were impacted, it's a wake-up call for everybody," and he connects it to the broader point that every custody route, ETF, exchange or otherwise, carries a form of counterparty risk that has to be understood rather than assumed away. Cory joins from the Swan handle for about twenty minutes on the price action, and notes there simply were not many sellers left at $60,000.

Ryan MacLeod, who posts as The Nuclear Bitcoiner, works at Canadian Nuclear Laboratories and has spent almost eleven years in the industry as a laboratory technologist. He compares his facility to Idaho National Lab, Oak Ridge, or Savannah River in the US, and Sellafield in the UK. The order of his conversion is the opposite of what you would guess: he did not become a nuclear advocate until after he became a Bitcoiner. Working in the industry, he only started making the public case once he saw where mining could solve problems nuclear could not solve on its own. ⭐ The centerpiece: he has written a paper he will present at a nuclear industry conference in October, titled "A Transitional Offtake Model for SMR Deployment Using Proof-of-Work Digital Asset Mining." It grew out of a study his employer conducted with Ontario Power Generation, which concluded that small reactors could eliminate diesel dependency in remote regions but would deliver the highest cost of energy of any option. The problem the paper solves is a timing mismatch, and he states it cleanly: size a reactor for demand on the day it switches on and you constrain the community's growth; size it for demand twenty years out and most of that capacity sits idle in the meantime. Neither option is financeable. ⭐ His proposal is Bitcoin mining as a "transitional offtaker" that buys the otherwise-wasted output, then recedes. In his words, it operates as a subordinate residual load and "temporarily bridges the phase between the commissioning of the plant and the maturation of the regional demand." ⭐⭐ And the framework he builds it on is Brandon Quittem's own "Pioneer Species" essay, which Ryan notes he has rarely heard discussed. A pioneer species occupies an environment before more complex life can establish, creates the conditions that let a later ecosystem develop, and then declines in importance as higher-order entities arrive. Ryan proposes miners as a "transitional pioneer load" on exactly that model. Answering Suze's question about how modular these reactors really are: in the one to ten megawatt range the entire unit can fit inside a tractor trailer and ship whole. Larger designs ship as components for on-site assembly. He points to Vogtle as a warning, where modular construction was attempted and some modules did not fit the larger reactor specs. Five small reactors have recently sustained a first critical reaction, among them Oklo, Halo, Antares, and Deployable Energy. Their next milestone is generating power, then commercial operation. Site selection to operating reactor should run about five years, against ten to twenty for conventional large builds. The use case he cares most about is northern Canada, where diesel must be shipped in year-round at high cost. A five to ten megawatt reactor carrying ten years of fuel eliminates the resupply problem entirely, and frees that diesel for uses better than burning it for heat and power. ⭐ Tomer Strolight asked the hardest question of the show: AI data centers can pay more for power than miners can, hashrate has been falling for months, so is this a problem for Bitcoin mining? Ryan's answer is that it is the pioneer species story repeating. Miners cultivated and learned to finance energy infrastructure, a wealthier customer arrived, and miners now move further out to the edge and do it again, acting as the anchor that develops energy systems to attract higher-order clients. ⭐ His most falsifiable claim, and worth revisiting later: because the best mining sites are now occupied by AI, he does not expect difficulty to follow a significant Bitcoin price rise as closely as it has historically. The power simply is not as widely available as it was during the migration out of China. Reading and listening he recommended: Thomas Kuhn's The Structure of Scientific Revolutions, which he says every Bitcoiner should read for its account of paradigm shifts and why Keynesians cannot see what Bitcoiners see; Earth is a Nuclear Planet; and the Decoupled podcast, including its four-part breakdown of what went wrong at Vogtle.

John Haar, back for his first Café appearance since leaving Swan for Blockware, opens on the 55th anniversary of the Nixon Shock. His argument: gold's own physical properties, the time, trust, and armed transport required to settle in it, are what let the 1971 dollar-gold break happen and stick. No one could credibly refuse. Asked whether the US might literally "back" the dollar with Bitcoin, John pushes back on the framing. He doesn't see explicit convertibility returning; more likely a sovereign-wealth-fund-style holding that supports confidence in the currency without any fixed exchange rate. Confiscation history, and 1971 counted as one. Executive Order 6102 in 1933, a little-known 1959 Australian law forcing gold surrender to the Reserve Bank, and a 1966 UK law capping residents at four gold coins. John's read: severing convertibility was itself an indirect seizure, since dollar holders lost access to the metal without a single coin being confiscated. The confiscation trade-off, stated plainly: Bitcoin can vanish in an instant through a mistake; fiat vanishes slowly through inflation. John argues neither risk profile is fully solved, which is why he expects Bitcoin and fiat to coexist for a long time, and why he points listeners toward collaborative multisig self-custody (Vault, Unchained, Casa) over solo cold storage. The debt numbers, from three directions at once. US debt crossed $40 trillion this week; annual interest has passed defense spending and sits behind only Medicare and Social Security. Suze: UK debt interest is running around £109 billion a year, more than the entire education and defence budgets combined, about £3,220 per working person. Roxana adds a year-by-year US/UK comparison back to 2021, the pandemic as the shock that reset the baseline. ⭐ A genuinely sharp MMT critique from John, anchored to a receipt: Larry Summers, a mainstream economist with no sound-money priors, posted in 2022 that 2022's CPI would have peaked near 18% under the old inflation methodology instead of the reported 9%. John's broader point: Modern Monetary Theory's post-2008 "QE doesn't cause inflation" claim was really about QE backfilling a contracting money supply, and MMTers overextended that into a general rule that collapsed against 2022's numbers. Frank Corva's field report from a 2023 screening of the MMT documentary "Finding the Money": a viral clip of establishment economist Jared Bernstein fumbling a question on how money is created was cut by MMT advocates to claim the mainstream doesn't understand money either, while, per Frank, the film's own thesis pushes further left than the Keynesian it mocks. His two go-to informed politicians on this material: Nick Begich (introduced the Bitcoin Act) and Warren Davidson. Frank's number of the day: minimum wage measured in gold. Federal minimum wage has gone from $1.60/hour in July 1971 to today's rate; priced in gold instead of dollars, that 1971 wage would be roughly $198/hour, about $8,000 a week now. Cory joins from Istanbul to argue the dollar remains "the cleanest shirt in the dirty laundry" globally, that gold has again overtaken Treasuries as the top central-bank reserve asset, and that today's AI capex bubble likely resolves in a Bitcoin-negative risk-off phase before capital rotates back in, on a multi-year timeline. ⭐ Mining block: John lays out five reasons Bitcoin's 2021-2025 hashrate growth won't repeat, tied throughout to the AI buildout competing for the same capital, chips, and power contracts: the unrepeatable 2021 mining economics, public miners pivoting to AI/HPC data centers, slowing ASIC development as chipmakers prioritize AI silicon, AI's ability to lock long-duration power contracts miners can't match, and the sheer physical scale needed to double an already-large network. At current ~920 exahash, he estimates a nation-state attack would require roughly 2 million frontier ASICs and $10 billion in capex, still a high bar.

Yan Pritzker, Swan's cofounder and CTO, walks his new essay on Bitcoin fork history, from the 2015 block size debates through the hard fork scheduled for September 1. Published on the Swan blog and posted to X during the show. His own entry point was Ethereum, not Bitcoin. The 2016 DAO rollback split the chain and created Ethereum Classic, and watching that taught him what a fork actually is before he lived through one in Bitcoin. Soft fork versus hard fork, explained without jargon. A soft fork produces blocks old nodes still accept. A hard fork produces blocks every existing node rejects, which means everyone must upgrade or the new chain is invisible to them. The asymmetry that decides every hard fork. Doing nothing rejects it by default. The forker has to convince every exchange, business, and holder to change software, including people asleep, on vacation, or gone. Brady's summary: they said if you're not with us you're against us, but the truth is if you're not with us, you ignored us. The block size wars were about governance, not block size. The big blockers had 58 companies, 22 countries, 83% of hash power. They still lost, because Bitcoin is not decided by a vote but by whether the blocks you produce get accepted. A 2010 forum post Yan found while researching. Jeff Garzik proposed a few lines of code to match PayPal's throughput, and 13 minutes later theymos and then Satoshi told him it would fork him off the network. The idea and the answer are both sixteen years old. The SegWit2x futures market as free-market polling. Exchanges let people trade the forked coin before the fork existed, it priced below Bitcoin, and miners used that signal. Brady: you are risking capital to vote, not answering a question on the telephone. Why every fork coin bleeds out. Holders receive it at a cost basis of zero, so selling at any price above zero is profit. Brady recounts selling his Bitcoin Cash near the intraday top around 0.4 to 0.45 BTC on Thanksgiving week 2017, watching a Telegram group call the biggest red candle in Bitcoin's history. Suze sat through six days of Craig Wright's cross-examination and describes supporters leaving court convinced he was winning. Yan's read: each splinter selects for the most willing to believe, producing what Brady calls mini cults. ⭐ The practical warning, and the reason to listen: do nothing. Replay attacks mean a transaction signed to move fork coins can be rebroadcast on Bitcoin and move your real Bitcoin. Never type a seed phrase into fork software, and treat any urgent instruction as a scam. On tail emissions: Yan grants that if Bitcoin had launched with 0.1% inflation nobody would object, because the point of the monetary policy is that it is fixed and predictable. Introducing it now is different, and he points at Ethereum changing its policy as the demonstration. His closing thought turns the whole story around. Every failed fork has proved Bitcoin cannot be changed, and the price rose after each one. He suggests this fork may mark the bear market bottom.

A museum for things that aren't gone yet. Roxana Nasoi of Logos walks through the Museum of Civil Liberties: five halls, twenty major events, a record kept where it can't be quietly edited. Phase one of a past, present, and future campaign. "Liberties, not rights." Roxana explains the word choice: rights imply something that can be granted and revoked. The halls cover control of money, the surveillance state, censorship, the failure of voice, and systems of control. The timing writes itself. The show aired August 14. The museum's centerpiece entry is August 15, 1971, when Nixon suspended the convertibility of the dollar into gold: fifty-five years ago, to the day after recording. Why a civil liberties project starts with money. Quoting Logos cofounder Jarrad Hope: the state offers money, property, law, identity, and governance. Bitcoin fixed the money. The other four are still hanging. Suze's Euston station moment. Talk of the surveillance state stayed abstract until a delayed train left her people-watching under what felt like hundreds of cameras. The room digs into why invisible threats only become real through shocks. KYC that doesn't stop crime. Suze lays out her case: by the Chainalysis figures she cites, under 1% of illicit activity moves through "crypto" and just 0.14% through Bitcoin, while illicit flows in traditional finance hold at 2 to 5% of global GDP, unchanged across decades of FATF rules. A rare rollback. The room welcomes this week's Treasury move to permanently end Corporate Transparency Act ownership reporting for US companies and delete the filed data: the opposite ending from the breached Liechtenstein register discussed yesterday. The freedom tech field guide. Roxana's practical stack: Umbrel home servers, mesh networks like Meshtastic that carried protests through internet shutdowns in India, mixnets like Nym versus VPNs, Faraday bags, offline second devices, and local AI. A chess app as a philosophy lesson. She built one in a weekend on Logos: Stockfish engine, real-time play, and an ephemeral chat that leaves no record anywhere once the game ends. Private by architecture, not by promise. Who adopts freedom tech before it's necessary? Brandon Quittem returns to his Myers-Briggs survey: analysts are ten times overrepresented among Bitcoiners, and maybe everyone wired to get obsessed is already here. The next wave joins by social consensus, not rabbit holes.

Suze takes us inside the UK's debanking inquiry. A director and co-founder of Bitcoin Policy UK, she's submitting evidence to Parliament's cross-party inquiry this week, and explains what an APPG can and can't do about banks blocking lawful transactions. The numbers are staggering. The Locked Out report found roughly 40% of payments to exchanges blocked or delayed by UK banks, with one exchange reporting a billion pounds in declined transactions in a single year. All legal transactions. Even the advocates got debanked. Suze's organization goes by BPUK partly because a name containing "Bitcoin" risked losing banking services. A survey found only 14% of firms successfully opened and kept an account with one of the nine largest UK banks. Nick Neuman of Casa surprises the room with a report from inside the Coldcard response: all hands taking calls for a week, helping people rotate keys, and his estimate that far more Bitcoin moved to safety than was stolen. Why multisig held up. Neuman explains why wallets requiring multiple keys haven't been swept: attackers go after single-key wallets first, and unrevealed public keys make paired devices dramatically harder to crack. The takeaway from both hosts: upgrade to multisig. Casa has been debanked twice. When Silicon Valley Bank failed, the company's Bitcoin treasury meant it could keep operating no matter what happened to the account. His advice: keep a backup bank and self-custodied Bitcoin as a stopgap. Does Bitcoin in an ETF still count? The room digs into BlackRock lowering conversion minimums into IBIT, why the conversion mostly runs one direction, and whether Bitcoin keeps its fundamental value if real coins stop circulating. Why self-custody matters to the network, not just to you. Brady walks through the block size wars: holders running nodes are who kept Bitcoin's rules intact, and concentrated custody would hand that influence to a few large institutions. Selling freedom instead of fear. Alec raises the "sovereignty multiple," the positive case for holding your own money, and Suze describes orange-pilling her beautician by paying in Bitcoin: adoption through use, not through warnings. Lebanon, El Salvador, and Liechtenstein. Suze's reporting tour: what a country looks like after banking trust dies, holding two ideas at once about El Salvador, and a breached ownership register as the case against data honeypots.

Greg Foss is back. After stepping away from Twitter and spending time on Nostr, the veteran credit analyst explains what pulled him back: young people reaching for socialism, and credit markets he sees as far less healthy than equities. The credit default swap thesis. Foss walks through his method: take the CDS spread on U.S. government debt, multiply by total obligations including unfunded liabilities, then compare that to Bitcoin's market cap. He flagged his spread number as from memory. Why insurance, not a risk asset. Most holdings are short volatility: when volatility rises, they fall. Foss argues Bitcoin should do the opposite, and credits BlackRock's Larry Fink as one of the few in traditional finance framing it that way. The rate the Fed does not control. Warsh has suggested AI productivity gains leave room to cut. Foss points instead to the 10-year Treasury, set in the open market, which could rise if investors demand more for U.S. credit risk. Credit markets are flashing before equities. A listener asked about widening CDS spreads across AI infrastructure names. Foss compared NVIDIA's vendor financing to Nortel and Lucent in 2000, and pointed to CoreWeave's tight debt service covenant. Banking is a leveraged business. From inside an insolvent Bank of Boston in 1992, Foss saw the math up close: roughly $5 of equity behind every $100 loaned. He argues Bitcoin can act as a safety net against that fragility. Bitcoin mining versus AI data centers. Miners can switch off in seconds and chase stranded energy; AI workloads cannot. Suze raised UK curtailment spending and ERCOT's grid balancing record, and asked whether mining gets built into AI sites. What the ETFs changed. Foss says a Wall Street wrapper was necessary for institutional allocation, while raising the paper Bitcoin question. He runs a 5% of global assets thought experiment, stressing he is not certain it happens. Treasury companies as an evolution, not an endpoint. Foss says he admires Michael Saylor without admiring every lever pulled, notes the premium to underlying Bitcoin has collapsed toward parity, and expects these vehicles to matter less over time. Bitcoin as collateral, and pensions inching in. Foss calls Bitcoin pristine collateral and a natural extension of lending. Dom described recommending it to pension boards years ago and pointed to a Michigan 13F filing adding to its position.

Cory's argument about narratives. Journalists and bankers keep asking what the catalyst will be, but narrative follows price rather than causing it. Something moves because sellers are exhausted, and the reason gets fitted afterward. The only narrative that matters is Bitcoin being better money for eight billion people. Larry Lepard on what actually moved. The debasement trade began in earnest last year, and it showed up first in gold and silver rather than Bitcoin because those are more widely understood. Silver quadrupling is the kind of thing that has essentially never happened before. Japan is the seminal event. With Japan holding roughly $1.2 trillion in Treasuries, the US offered swap lines and rotated euro reserves into yen. What shook the gold market was the Treasury Secretary suggesting the existing facility should be larger. As Larry put it, a swap line is printing money, full stop. A guest correcting his own AI. Larry noted the press had the facility's usage wrong and that AI had misled him too, so he went and read the Fed's own statements to establish it had not actually been drawn on. Worth noting as a method, not just a detail. The 1992 parallel, corrected live. It was Warsh, not Bessent, who worked for Soros attacking the Bank of England. Thirty-four years later he is on the other side of that trade, in the Bank of England's role. Larry's thesis for the year is the unmasking of Warsh as a hawk, because the math will not let him be one. The Fed has exactly two tools. It can mislead about inflation, and it can print. Larry's read is that we are currently in the first phase and last week signalled a move toward the second. He also explained yield curve control as what governments do when the bond market stops cooperating, with the post-war precedent as the template. His own record is the caveat he volunteers. He expected massive inflation out of 2008 and a cascade from Silicon Valley Bank, and was wrong both times. The people running the system are good at kicking the can, so the honest position is direction with no date. The two-tier system he expects. The dollar remains the unit everyone transacts in, gold displaces Treasuries as the reserve asset, and Bitcoin sits alongside before eventually supplanting gold over years, not days. It is already visible in oil sold for yuan and immediately swapped into physical gold. Greg Foss on where trouble announces itself. Every recent crisis began in credit rather than equities, and private credit is where he is watching now. His trader's version: equity investors ask how much they can make, credit investors ask how much they can lose. Credit is the first smoke in the theatre. And his structural objection about treasury companies. He takes issue with perpetual preferred shares being described as credit, because a perpetual has no maturity and no principal repayment, so its running yield cannot be compared to a bond's yield to maturity. Retiring that stack at scale would mean selling Bitcoin, which was never the strategy.

The theme was looking forward After two brutal weeks the room turned to what comes next, set up by a listener's observation that the philosophical Bitcoin conversation which drew people in around 2020 had gone quiet for years and is audibly back Why the guard dropped Phillip framed Coldcard as a psychic blow because it was the standard for personal sovereignty, and the harder question is why the surrounding behavior got a pass. Isaiah added that a friendly administration lulled people into "we've arrived" and a foot off the gas Suz's line is the sharpest in the episode "I don't tell people to buy Bitcoin anymore. I tell them to study it," because only genuine understanding stops someone panic-selling an eighty percent drawdown And she named the drift Keep Bitcoin separate from the leverage games and financial engineering, and drop the hero worship and Wall Street cheerleading, particularly among people who pride themselves on critical thinking Dice rolls may not be the destination Swan engineer Steve is unconvinced that rolling your own entropy is the paradigm going forward, citing Luke Childs' time-locked proposal as proof that one week of focused attention already produced something worth exploring Jeff Ross on why he came back He left in 2024 at what he called peak clown world and returned because the Overton window moved and macro conversation had vanished from Bitcoin rooms. He was emphatic that nobody should follow him and that nothing he says is advice Energy money, his signature thesis The dollar began as commodity money redeemable for gold, and Bitcoin is commodity money whose commodity is energy itself. Tesla, Ford and Buckminster Fuller all reached for the same idea, and proof of work is what makes it real He rejects the abundance argument flatly Told money may not matter within fifteen years, he called that top-of-hype-cycle talk most often heard during fundraising. Sunlight is free but panels, batteries and rare earths are not, and economics will always be economics Cory on the only real asymmetry Strategy is legible to him and operations are not, but cryptography is the one thing genuinely on our side: the ability to make something unbreakable by an adversary with millions of times more power. His conclusion is that early-nineties cypherpunks may turn out to be the pivotal figures How both guests actually cope Jeff sees an eerie replay of the 1930s and admits a libertarian may not fit where this is heading. Brandon Quittem urged empathy for those with no stake in the system, citing Naval that societies coordinate by free market or by force. Both landed on going outside and thinking local

Suze's Forbes piece, and the question under it. Her Telegram reporting found a persistent identifier that survives restarts, network changes and borders, with the credible risk being targeted surveillance rather than mass tracking. Her real question: why is don't-trust-verify never applied to companies and personalities inside Bitcoin? The confessions, and Cory's calibration. American HODL admitted he bought a Coldcard largely as a badge of Maxi Club membership, and Odell described being pulled into a cult of personality. Cory's distinction: someone who bills himself as a technical expert and reviews products carries responsibility a self-described bullshitter does not. He also warned against the new bad heuristic. Treating abrasiveness as a proxy for bad code fails immediately: Core and Blockstream are full of people who read as cocky and their code is sound. He credited NVK as a genuinely good educator while calling the outcome inexcusable. Brandon Quittem: deep in it, not at peak. Maximum wealth inequality is a classic Fourth Turning signpost, and the post-war institutions are a shell of themselves without anyone needing to be malicious. He held his own confidence low throughout, calling the framework a rough way to squint at the world. His bet on the climax. Not a head-to-head with China, which a hyperglobalized economy makes unlikely, but a Cold War 2.0: proxy and economic war, trade policy, supply-chain fights, plausible deniability, and zero-day attacks on each other's infrastructure. AI through the Fourth Turning lens. The authors would say technology is always arriving and the variable is how the generational mood receives it. Facebook landed because millennials were the sharing archetype; Gen X would have refused it. He calls AI pure leverage with no clear direction. Horseshoe theory, and Bitcoin as the through line. Answering Suz on where left and right even are now: both extremes arrive at authoritarianism from the same wealth-inequality catalyst, which is why Bernie and Trump were popular at once. Bitcoin is what pushes back on both. He retracted his own timeline live. Five years ago he would have called a Bitcoin standard likely by 2030 and now says that was far too aggressive. A First Turning looks like exhaustion, inequality easing, culture getting more boring, and it may only be visible in hindsight. The libngu decision, traced. An audience question surfaced that the firmware was rewritten off a GPL library partly out of anger at being cloned, producing an in-house source-available replacement and fewer eyes. Of 300-plus repos the red team has scanned, the one that came back completely clean was libsecp256k1. The synthesis, and the way out. Suz: Bitcoiners who believe they saw through the system struggle to admit deception, because it means admitting they were fooled. Brandon: that lowers the guard rather than raising it. His prescription is local, not global. Be the sewer rat yourself.

Guy Swan on learning the wrong lessons. The takeaway circulating is "go with the biggest company," which forgets Mt. Gox and FTX and everything else proving size is not safety. His analogy: when a libertarian politician betrays you, libertarianism didn't break, you got scammed. He wants a rule that works forward. His sharpest point: "I don't want a rule that only works in hindsight." Anyone can now point at the source-available license. The useful question is what indicator predicts the next failure before it happens. His own heuristic broke in both directions. He had trained himself not to dismiss builders for being abrasive, and now concludes that for security specifically, a maintainer who attacks people reporting problems is telling you something. Yan Pritzker paired it with the engineering version: without a culture of safety, people stop surfacing mistakes. James O'Beirne's tripwires. He seeded wallets on-chain carrying graduated entropy over broken Coldcard seeds, five dice rolls, ten, fifteen, one and two-word passphrases, as bait. The bare seed was swept within an hour and nothing else has moved, mapping attacker capability live. The red team's numbers. Rob Hamilton and Calle have scanned over 300 repos and spent roughly $40,000 on tokens in two days, finding critical vulnerabilities at about one per person per hour. OpenSats is now funding most of that budget. Every company needs an agentic security pipeline. Yan's argument: agents are non-deterministic, so one scan proves nothing. The real work is harnesses that find, test, distill and reproduce on a loop. Swan has been building this for six to twelve months. The asymmetry is the whole problem. Attackers need one vulnerability, defenders need all of them, and the economics favor the attacker. Some have been paying up to 90% of stolen funds in fees to get transactions mined quickly. A fake Coldcard desktop app is circulating. No such application has ever existed. Trezor reported a phishing spike since disclosure, and a counterfeit Wasabi wallet reached an app store. Nobody legitimate asks for recovery words, and unsolicited migration instructions are always hostile. Yan's read on whether this repeats. He calls the bug exotic: entropy wasn't weak, it was switched off entirely. Scans across the popular hardware wallets show correct and consistent entropy use, so he thinks this specific failure is unlikely to recur elsewhere. Government overreach, the other half of the show. Suz on Liechtenstein's beneficial ownership register, roughly 31,000 entities, built in 2021 for EU anti-money-laundering compliance and now breached and offline. Yan on the Bank Secrecy Act's 1970 threshold, never inflation-adjusted, capturing dramatically more data for near-zero measured effect.

Dice rolls are now confirmed safe. Portland HODL published a full verification, independently cross-checked by James O'Beirne, Block's engineering team and Rob Hamilton: the Coldcard did use dice entropy rather than falling back to the pseudo-random generator. Fifty or more rolls was sufficient. Still rotate anyway. The prevailing view on the show was that dice-generated seeds are safe but worth rotating as hygiene. Separately, no other hardware wallet firmware vulnerability has surfaced yet from the red-team sweep. The red team is scaling. Rob Hamilton's group, now joined by other Bitcoin developers, is pointing Kimi K3 and other frontier models at repos across the ecosystem. Critical vulnerabilities have been found and responsibly disclosed, none in hardware wallets so far. Cory rejects the "always more to learn" framing. He argued that line doesn't apply here: the entire point of code securing assets is that there can be no mistakes that put those assets at risk. He gave two press interviews on the exploit. The custody spectrum, with a chart in the nest. Cory laid out five positions: solo self-custody, guided self-custody via Swan Sovereign at $25 a month, collaborative multisig, delegated custody with OCC-chartered custodians, and multi-institutional custody, which Swan has been building since December. The real gap is knowing how to use your wallet. Alec, who spent the weekend on client calls, found people holding large amounts in setups they could not operate. Getting Bitcoin off an exchange is not enough. Practice moving it more than once. Jason on the false binary. People have been taught there is one right way to hold Bitcoin, and that it's the most esoteric one. His question: what is self-custody worth if you cannot move your coins in an emergency? Zach Herbert of Foundation. Self-custody is not dead, and he framed this as negligence by a single vendor rather than an indictment of every maker. His takeaway is free and open source software, shared libraries and engagement with auditors. He calls it the worst event for committed Bitcoiners since Mt. Gox. Boltz went dark. The Lightning swap provider shut down entirely, hit by automated attacks faster than a small team could patch, taking swaps in Zeus, Aqua and Blockstream's app with it. No user funds lost. Brady drew the line from Kimi K3's release through Coldcard to this. The AI incentive argument. Phillip's case: calls to regulate AI harder are moat-building, not safety, and defenders keep having to reach for open-weight models because the US frontier models refuse legitimate security work. Steve noted five figures a day in tokens is not a sustainable audit model.

A full forensic timeline. Brady traced it end to end: a 2018 MicroPython software fallback sat harmless for three years until March 2021, when Coinkite moved to Bitcoin Core's math library and silently bound seed generation to that fallback. Lopp notes the bug lived in the build system, not the main code. Firmware 4.0.0 is the dividing line. Shipped March 17, 2021. Seeds generated before roughly March 1 are fine, and MK3 releases 3.2.1 and 3.2.2 were the last safe ones. Every default seed after that was weak. It was flagged in 2021 and dismissed. Four months after the bad firmware shipped, someone publicly raised Coldcard entropy concerns. NVK's reply called it FUD and demanded a line in the code. That post is deleted; an archived screenshot survives. The scope widened over the weekend. Coinkite added MK2 alongside MK3 and MK4, and confirmed Q and MK5 at roughly 72 bits rather than the expected 128. Independent analysis put the MK4 class nearer 50 to 60 bits in practice. Dice rolls and passphrases do not cover everything. Nine other Coldcard features draw from the same broken generator, including message signing and deriving keys for other purposes. BTC Sessions confirmed an MK4 with a one-word passphrase was drained. Scale, and Cory's proportion. Roughly 1,300 Bitcoin total, 594 in the first wave, with Chainalysis showing the highest-balance wallets targeted first. Cory noted centralized exchanges and lenders have lost about a thousand times more. The chip-ID recovery hope is gone. Holders were told earlier in the week to keep their devices because a chip signature might prove ownership. Brady reported that has since been shown not to work as hoped, narrowing recovery further. Vendor indictment or self-custody indictment? An audience question that framed the hour. Brady argued it is a challenge to upgrade toward multi-vendor multisig rather than a verdict on self-custody. One listener pushed back that the indictment already landed. Joe Nakamoto from Europe. He found almost nobody in his circle affected, since Coldcard's loudest advocates were largely American and circular economies mostly run on Lightning. Bloomberg was the only genuinely mainstream outlet, and its coverage was fair. Open source, and the AI asymmetry. Researchers keep reaching for Moonshot's open-weight Kimi K3 because US frontier models refuse legitimate security work. Rob Hamilton's decentralized effort to pentest Bitcoin repos received grant funding during the show.

The event. A firmware flaw in Coldcard seed generation, disclosed the night before, let an attacker recompute private keys outright. By airtime, 594 Bitcoin, put at roughly $38 million on the show, had been swept from about 500 wallets. The mechanism. Yan Pritzker and Swan engineer Steve: the device's true random number generator was present and working, but a March 2021 library change meant the firmware silently stopped using it, falling back to software randomness seeded from device ID and clock. Why five years passed. The code looked correctly wired, the failure hinged on a build-time variable, and the output still looked random. Zach Herbert of Foundation said a researcher flagged something adjacent in 2022 without unraveling it. Who is exposed. Only seeds the Coldcard generated itself. Imported seeds are safe, dice rolls are safe, a long passphrase saved people. MK3 is worst hit. MK4, MK5 and Q sit near 72 bits, costly to attack but not impossible. Updating firmware does not fix it. Coinkite patched, including MK3, but the vulnerable seed is the problem, not the device. You must generate a new seed and move funds. The dice function was never affected and has now been audited. Multisig is not automatically safe. If most keys came from affected devices, an attacker can try permutations, and spending publishes your public keys and invites an RBF race. Wicked pointed people to Portland.HODL for private broadcast through Slipstream. The attacker looks unsophisticated. The sweep ran roughly 25 minutes into a handful of addresses, stopped at shallow address gaps, and queried a public node instead of running one. Block researchers identified that service, so there may be a lead. The industry reckoning. American HODL called it a Paul Revere moment and demanded podcasters and former sponsors broadcast immediately. Reardon argued the industry spent three years arguing over the wrong priorities and got caught by an entropy bug. Self-custody versus diversification. Wicked held that multi-vendor multisig with your own entropy beats any custodian. Joe Carlasare countered that every system rests on assumptions that eventually fail. Yan declined to preach one model, calling self-custody still very early. Swan's status and the scam wave. Yan confirmed Swan Vault is built on Blockstream Jade and unaffected, and reported an influx of deposits. He flagged a devious scam variant where attackers send you working seed words and ask you to deposit into them.

Swan's Phillip Alexander and Brandon Quittem host Day 8 of 50 Days for Freedom: Telegram's auth key ID and the Russian server question; getting debanked for the word Bitcoin, from Wise to Bitcoin Policy UK; Michelle Weekley on Bitcoin ATM bans, shared Claude links indexed by Google, and AI agents with access to your email; and Brandon Quittem on shrinking drawdowns and the retail wave that hasn't arrived.

Cory was out for a family wedding, so Brady and Philip hosted from his handle. Also new: a weekly recap song in a different genre each week, covering everything from the previous weeks of the show. Daniel Batten on Cambridge's new number. Its updated assessment puts Bitcoin mining at 59.4% clean energy, against a global grid mix near 40%. Hydro is the largest single source. Full report expected later this year. Sweden's grid used Bitcoin mining 11,000 times last year to absorb excess wind. Batten's point: operators call it flexible load, flexible compute, or data centers. Anything but Bitcoin mining. Six Brazilian energy companies are doing the same with stranded generation. The best idea in the episode, and it's Batten's. A grid operator is incentivized to admit a problem, because saying so unlocks resources and doesn't destabilize the grid. A central banker never can, because the admission is itself the instability. Batten expects the West to adopt Bitcoin as an energy solution before a monetary one. In the global South the monetary problems are existential already: banking access, storing wealth safely, remittances that otherwise cost up to 20%. The Ethiopian dam. You cannot build half a dam, so it's sized for demand 20 years out. No transmission lines, no industry, no customer for the surplus. Miners paid roughly three cents per kilowatt hour and delivered over $100M in unexpected revenue. Callum Wheeler of Renew Blocks on Britain's curtailment bill. £1.5B last year paying wind farms to switch off and firing gas nearer London instead, forecast to reach £7B by 2030. A new "demand for constraints" market is meant to fix it. A near-blackout on June 23 reached the shadow energy secretary via control-room whistleblowers. Cause: unexpected air conditioning demand in Britain's fourth heat wave. Wheeler's pilot is mining co-located inside a Scottish Highlands hydro powerhouse, built for £2M and never switched on. Susie Violet Ward spent 13 months chasing a BBC correction on a headline claiming every Bitcoin payment uses a swimming pool of water. No correction, and the undisclosed source was a central banker. Brandolini's law: refuting costs ten times what inventing does. Closing round on first resources. Inventing Bitcoin by Yan Pritzker, including his family's story of carrying value out of Russia. Also the Bullish Case, Broken Money, swan.com/welcome with Natalie Brunell, and Mary Kay Fain's approach: ask someone to recall a time they couldn't use their own money.

Lawrence Lepard on bear market psychology. Everyone is short-term, negative, and attacking each other over BIP110 and Saylor. His read: we are winning, this is the moment to get friends buying, and he expects much higher highs within 18 to 24 months. The big print thesis. Lepard is watching the yen carry trade, a near-vertical Japanese 10-year, and the US 10-year at 4.70 with 5% as the Fed's red line. Druckenmiller-adjacent circles think Japan breaks first. "The math ain't mathing." A roughly $2T deficit while total debt grew $3.5T in twelve months. Hank Paulson resurfacing after fifteen years to suggest a Fed break-the-glass program reads to Lepard as a trial balloon for the big print. Reading Kevin Warsh. Lepard's take: Warsh is abandoning the Phillips curve for a supply-side inflation story, talks like a balance-sheet hawk for the bond market's benefit, and will likely cut in September. Fed governor hawkishness is kabuki. The AI credit crack. Cory: Nvidia credit default swaps blew out overnight, Korea down 11% and chipmakers 13%. Oracle sits one notch above junk at 6x leverage. Lepard adds $3.8T trapped in private equity and private credit, all mismarked. Socialism for the rich. Frank Corva, reporting from New York, argues the US is not capitalist: Altman and Amodei asking Washington for stakes is the state picking winners. Cory's framing, via Saifedean, is that taking from everyone to give to your friends is the harder sell. US versus China capitalism. Cory: America anoints monopolies and builds regulatory moats, while the CCP directs investment from the top then permits cutthroat competition. It happened in EVs and it is happening in AI. Open-weight Chinese models are the destabilizer. A live bear debate. Gordon Johnson of GLJ Research brought three objections: private money has failed before, Bitcoin is not a real asset, and fixed supply breaks an economy. Cory and Lepard countered that a protocol with no issuer is not private money. First duress-code prosecution. Samuel Tunick, an American citizen, was pulled into secondary inspection at Atlanta, pressured for his phone passcode, and entered a GrapheneOS duress code that wiped it. He is now charged federally with destroying property to prevent seizure. Adoption from the actual front lines. Corva on the Kibera slum's Afribit circular economy, single mothers saving for college, India cracking down on BitChat alongside Signal and Telegram, and Indonesia approving Fedi ecash. His hill to die on: Bitcoin is money.

Day 5 of 50 Days for Freedom, hosted from @Swan after Cory's handle hit tech trouble. Swan's buy fee sits at 50 basis points through Labor Day. Framing doc: swan.com/battle. Cory on disagreeing well. Three summers of shows with Vlad Costea despite splitting on layer twos and drivechain. A lot of people we think we oppose actually love Bitcoin, and privacy is common ground. UK digital ID scrapped, sort of. Suz reports the £1.8B scheme killed after a 2.9M-signature petition and cross-party opposition. Her warning: canceling a brand name is not abandoning the architecture. The back door is already open. GOV.UK One Login covers 122 services, with all central government services slated to join by 2027. Age verification, employment checks, and the Online Safety Act converge on the same result. America's version, differently packaged. No single federal portal yet, but Real ID, mobile driver's licenses, and digital age checks add up. Federalism is a partial brake. Panel consensus: very close. Fear plus convenience is the playbook. 9/11, COVID, now the FATF travel rule reframed as national security. Suz: "you can make a scared man do anything." Bitcoin's answer is separating money from the identity gateway. Fourth Turning, with an exit. Brady's case: institutions are collapsing on schedule, but this cycle has Bitcoin and Nostr already built. Freedom tech that math makes un-co-optable. Cory's version: ten million US Bitcoiners, the race to avoid the war. Education is the whole mission. Lyn Alden's Seven Misconceptions, Vijay's 2018 Bullish Case article, Yan Pritzker's Inventing Bitcoin, and the Bitcoin Season documentary. Cory: understanding earns you the right to own more. ETF buyers who skipped it get lettuce hands. Swan versus Coinbase, box by box. Swan Sovereign, Swan Vault multisig, Swan Safe Plus with live video withdrawal confirmation, buy fees under Coinbase's advanced exchange, and Swan covering network fees. Plus Steve's scarcity chart: 60 million millionaires, 21 million coins. Agentic commerce wants Bitcoin. Scott's Machine Economy project, Buzz, Lightning Labs' Wavelength, and HTTP 402 finally getting built. An agent needs only a keypair. Cory also set the BIP110 policy: not daily here, but a moderated debate is coming.

The main event: Mike Nicoll, director of Bitcoin Season, on going from USC Film School and Netflix's At All Costs to documenting the first Bitcoin-only deals with an NBA franchise and Klutch Sports — "come for the sexy basketball world, stay for the financial revolution." 100,000 views in the first week, free on YouTube, and Swan will buy the pizza and beer for your watch party. King closes with a credit-desk teardown of Strategy's STRC: why coupon-divided-by-price is the wrong math, what an 85 price actually implies, and why the Bitcoin price — not the coupon — is what brings Stretch back to par. Cory adds the house view: these are institutional products; keep 80%+ of your exposure in real on-chain Bitcoin you control. Homework: Vijay Boyapati's The Bullish Case for Bitcoin and Stephan Livera episode 71. And Dom's legendary full-gear, no-warm-up swish gets the retelling it deserves.

Chapters: 00:00 — Wicked: from trader to Bitcoin-only, sats per dollar, save don't trade 04:30 — Satoshi's Bride: a Bitcoin tip at a fine-dining shift 11:00 — Scott: the echo-chamber reality check and a self-custody challenge to the Bitcoin-only companies 18:00 — C Hoddle: Bitcoin treasure hunts and the Buena Vista circular economy → Midwest Bitcoin Summit 21:30 — The unblocking amnesty: blocked in the '23–'24 squabbles? DM to get unblocked 31:00 — The Consortium: nine companies pledge Bitcoin developer funding, starting with quantum 33:30 — Cory on path dependence: Coinbase, Jesse Powell, and why every Bitcoin fintech converges on the full product set 41:30 — THE BATTLE OF THE BEARS: fifty days, fifty basis points, one mission 43:30 — The narrative machine: how Wall Street picks the story after the price moves 49:00 — "Money is only as good as the story you can tell about it" 55:30 — The Battle for Monetary Independence, Part 3: "Independence Must Be Won" (read live) 63:00 — Why everyone with a mic owes their audience the canon; swan.com/canon 70:30 — Wrap: 90 minutes without the price; Part 4 tomorrow

Chapters 00:00 — Day 1 recap: 2,800+ listens, 465 peak concurrent, why this show exists 01:15 — Susie Violet Ward on FATF's fraud roadmap: the Travel Rule comes for Bitcoin 06:15 — "If you're not a baddie, why should you care?" Privacy is normal 08:15 — Signal vs. noise: Cory audits the France wrench-attack narrative live 14:30 — Susie's tangent: capitalism as balance, governments as parasite, and whether science has economics' blind spots 19:00 — Cory defends Einstein, spooky action at a distance, and simulation theory 20:00 — Why Bitcoiners don't need to talk about Bitcoin (the Gjelina story) 22:00 — Fernando Nikolic on Perception, narrative engineers, and data as the AI moat 25:30 — Inside Swan's AI stack: Cygnet, 25 full-time agents, Workforce Intelligence 30:00 — The vibe-coding warning: never go it alone with PII or financial data 33:30 — The Battle for Monetary Independence, Part 2: "The Work That Wins" (the USS Yorktown diary, Ten Million Bitcoiners, The Race to Avoid the War) 39:30 — Swan: 0.5% buy fee, network fees paid on withdrawals, 80%+ of sats in self-custody 41:30 — RBX origin story: Death Row Records and getting out of GBTC without capital gains 43:30 — Shout-outs: Bitcoin Today (Samson Mow tomorrow), Bitcoin Veterans, Danny live at Pubkey Friday 44:30 — Block clock stories: the Sharpie fix and the bearish rocket clock 52:00 — The time P ate a shoe (boiled in chili, five hours) 55:30 — Tatum on self-hosting, media preservation, and "don't trust, verify" beyond your node 59:00 — Susie's retracted BBC investigation and how articles get memory-holed via lawsuits 65:00 — 1984, post-edited movies, and Grayscale's Worldcoin ETF 66:30 — Privacy normalization: phone numbers at the sandwich shop, 23andMe regrets 69:30 — Orange-pill moments: why the system's winners can't hear the signal 73:30 — Wrap: Day 3 tomorrow, 10am ET, 90 minutes

Cafe Bitcoin returns for 50 Days for Bitcoin — Day 1 of 50. Cory Klippsten reboots the daily Cafe Bitcoin show to kick off Swan's 50 Days for Bitcoin campaign: 50 basis point buy fees for 50 days (July 21 to September 8), daily weekday Spaces at 10:00 AM ET, and a return to the education-first roots that built the Bitcoin community on Clubhouse in 2020-2021. In this episode: 50 Days for Bitcoin launch: Swan cuts its buy fee in half to 50 bps for 50 days, the lowest-cost way to buy Bitcoin into self-custody in the US. Over 80% of the Bitcoin ever bought on Swan is in self-custody. "The Battle for Monetary Independence": Cory's new essay, woven around his grandfather's war journal from the USS Yorktown in the Pacific Theater. Political independence was the founders' great work; monetary independence is ours. Read it at swan.com/battle. The Clubhouse origin story: how Cafe Bitcoin started, the invite tree that flooded Clubhouse with thousands of Bitcoiners, how Swan Private and Anchor Watch grew out of those rooms. The freedom backslide: UK under-16 social media ban, the Utah VPN ban, age verification for AI chatbots, EU chat control, and the digital euro. Why the counter to all of it is self-custody. Dollar merchants: how stablecoins turned more than half the industry into dollar salesmen, and why the dollar is not a gateway drug to Bitcoin. Saifedean's cocktail party problem: why socialism is winning arguments right now, and why the answer is opting out of politics entirely and building on Bitcoin. Self-custody, the full stack: free auto-withdrawal with locally derived addresses, Swan Sovereign guided self-custody, Swan Vault collaborative custody, and Swan Safe segregated custody. Community: Pacific Bitcoin memories, BIP-47 paynyms explained, Bobby Burnett's new show for the older generation, the no-BIP-fights house rule, and the Snow Crash reading club pick.

In this episode of Swan Signal Live, hosts Brady Swenson and John Harr discuss various Bitcoin-related topics with guests Steven Lubka and Isaiah Douglas from Swan Bitcoin. The crew talks MicroStrategy's plan to raise $42 billion to buy more Bitcoin, the potential impact of the U.S. presidential election on Bitcoin's price, and the Florida CFO's push for a state Bitcoin reserve. They also compare MicroStrategy's Bitcoin holdings to Coinbase's and discuss Goldman Sachs' research on gold and its relevance to Bitcoin. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this episode of Cafe Bitcoin, hosts Brady and John discuss the potential for institutional adoption of Bitcoin, including pension funds and endowments. They analyze recent bullish statements from billionaires and a former Fed governor's criticism of the Fed's inconsistent inflation policies. The hosts also explore the differences between holding real Bitcoin versus ETFs or CBDCs, emphasizing Bitcoin's decentralization and limited supply. Finally, they highlight the Tuttle Twins' educational Bitcoin content and the importance of understanding Bitcoin's unique properties compared to other digital currencies. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this comprehensive episode of Cafe Bitcoin, Brady Swenson and co-host John Haar engage with Maya Parbhoe, an entrepreneur and pro-Bitcoin candidate in Suriname's presidential race. Maya shares her rich entrepreneurial family background, educational journey, and solutions for economic hardships. The discussion pivots around Suriname's corruption, financial inefficiencies, and reliance on foreign currencies. They explore the transformative potential of Bitcoin to decentralize finance, enhance transparency, and improve governance. Topics include separating money from the state, privatization plans, challenges in raising Bitcoin awareness, and leveraging natural and technological resources. The episode also highlights the need for a regulatory framework for an open internet and the dire personal risks faced due to corruption. The ultimate vision is a diversified and modern economy driven by Bitcoin and sustainable energy, setting a model for national development.00:00 Welcome to Cafe Bitcoin00:37 Introducing Maya Parbo02:05 Maya's Background and Journey09:43 Challenges in Suriname13:35 Bitcoin as a Solution16:43 Vision for Suriname's Future19:44 Economic and Monetary Policies27:22 Privatization and Transformation30:37 Financial Institutions and Global Inequality32:12 Suriname's Payment Infrastructure Challenges33:53 Integrating Bitcoin in Suriname38:27 Maya's Vision for Suriname's Future40:11 Energy and Economic Diversification52:17 Challenges and Risks in Suriname01:00:51 Conclusion and Call to Action Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this Cafe Bitcoin podcast, Brady, Terrence, John, and Alec discuss Bitcoin's market activity and broader adoption signals. They highlight Microsoft's potential Bitcoin investment vote among shareholders, scheduled for December 10, and note that Microsoft's board is recommending a "no" vote but believe this signifies growing mainstream interest in Bitcoin as a treasury asset. They also discuss Pennsylvania's recent bipartisan bill promoting Bitcoin rights, including tax protections and support for self-custody, which they see as a positive regulatory move. Additional topics include the rising yields in U.S. Treasury bonds, recent inflationary policies, and their potential to drive further interest in Bitcoin as a hedge. The crew also mentions the recent positive comments about Bitcoin from Paul Tudor Jones, who sees Bitcoin as a valuable inflation hedge in light of increasing fiscal and monetary uncertainties. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this episode of Café Bitcoin, the crew discusses Bitcoin's price fluctuations, specifically its tendency to dip back toward $58,000, referred to as a "magnet." The conversation highlights dollar-cost averaging (DCA) as a viable long-term approach and touches on macroeconomic factors, including central banks' policies that affect Bitcoin. They also emphasize the resilience of the Bitcoin market despite volatility, combining humor with insightful trading strategies and market analysis. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this episode of Cafe Bitcoin, Tuur Demeester joins the crew to dive into a key discussion surrounding the European Central Bank's (ECB) latest paper criticizing Bitcoin. Tuur breaks down the aggressive nature of the report, which accuses Bitcoin of fostering wealth inequality and undermining economic productivity. The crew highlights the report's misleading arguments, comparing Bitcoin to fiat currencies and noting that fiat, not Bitcoin, is what actually contributes to wealth disparity. They also explore how the ECB's stance could signal the intensifying battle between traditional financial systems and Bitcoin adoption, urging listeners to remain engaged in Bitcoin education. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this episode of Cafe Bitcoin, the crew discusses the failed launch of a Trump-branded token, which aimed to raise $300 million but only sold $18 million before crashing in value. We highlight the importance of distinguishing Bitcoin from other cryptocurrencies and note the political pandering often associated with crypto projects. The conversation shifts to global Bitcoin adoption, focusing on smaller countries like El Salvador and Suriname, which are exploring Bitcoin as a national currency. We also discuss MicroStrategy's Bitcoin acquisition strategy, led by Michael Saylor, and its role in bridging traditional finance with Bitcoin. Finally, we touch on how pro athletes and influential figures are gradually becoming more involved with Bitcoin. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

In this episode of Cafe Bitcoin, Brady Swenson shares his personal fitness journey, emphasizing the importance of health tracking and accountability. The conversation then shifts to Bitcoin's price movements and the role of MicroStrategy in Bitcoin investing. The hosts discuss the risks and rewards of holding MicroStrategy stock compared to directly holding Bitcoin. They also delve into self-custody and inheritance planning, stressing the significance of securing Bitcoin for long-term wealth. The episode concludes with anticipation for LA Bitcoin Week and reflections on Bitcoin's adoption and future potential in both the markets and regulatory landscapes. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

John Haar and the Macro Friday crew talk macro with appearances from Cory Klippsten and Greg Foss.  Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Bitcoin core dev Rearden joins us to discuss the HBO Satoshi documentary, some choice Satoshi quotes, and other aspects of the history of Bitcoin.    Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Tomer Strolight joins us to discuss his life before Bitcoin, the ideas behind and impact of The Legendary Treasure of Satoshi Nakamoto, Bitcoin as generational wealth, and much more.  Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Blackrock Bitcoin report, fate of the USD, and much more. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys."Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Greg Foss joins us to discuss his experience with mental health challenges, his outlook for Bitcoin, and some finance educationStack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Cory is the Founder Learn about what's happening at Swan, where we're headed, and Cory's thoughts on the industry and Bitcoin broadly. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

The Café Crew discuss the FOMC meeting and the 50 bps rate decrease, Bhutan stacking sats, the Saifedean vs Saylor Bitcoin lending and yield debate, and Presidential politics. Stack sats with the Swan App - Create an account and start buying Bitcoin in just a few minutes. No fees on your first $10,000 of Bitcoin buys. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan Use code “CAFE” for a discount to ⁠https://www.pacificbitcoin.com⁠⁠ "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠ Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: ⁠https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Guy Swann of Bitcoin Audible and AI Unchained joins us to discuss AI tech and Bitcoin. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan"Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private, Use code “CAFE” for a discount to ⁠https://www.pacificbitcoin.com⁠⁠ "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠ Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: ⁠https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Brady, John, and Terrence discuss gold, broad money vs base money, inflation vs deflation, transition from fiat to Bitcoin, Trump's shitcoin project, Harry Potter, and more.     "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan"Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private, Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan Use code “CAFE” for a discount to ⁠https://www.pacificbitcoin.com⁠⁠ "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠ Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: ⁠https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

Café Bitcoin is back with a new host. Brady Swenson, cofounder of Swan, and creator of the Citizen Bitcoin and Swan Signal Live podcasts, is taking the reins. This episode features a chat with Lyn Alden and panelists John Haar and Steven Lubka. "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠Swan Team Members:Brady Swenson: https://twitter.com/citizenbitcoinJohn Haar Twitter: ⁠https://twitter.com/john_at_swanSteven Lubka: https://x.com/DzambhalaHODLP: https://x.com/phjlljp/Download the Swan app!Are you a high-net-worth individual, or do you represent a corporation that might be interested in learning more about Bitcoin?high-net-worthNo fees on your first $10k of Bitcoin buys.  iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan Use code “CAFE” for a discount to ⁠https://www.pacificbitcoin.com⁠⁠ "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠ Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: ⁠https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan

We're joined by Dante Cook, John Haar, Tomer Strolight, and many others to talk about the major IT outage linked to a faulty update from security firm CrowdStrike caused widespread disruptions globally, how the price of Bitcoin was up 4%, and the importance of decentralization.  Use code “CAFE” for a discount to ⁠https://www.pacificbitcoin.com⁠⁠ "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome ⁠⁠ Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: ⁠https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: ⁠⁠⁠https://twitter.com/Swan