Welcome to Satoshi's Gulch
Send us a textSeason 2 has arrived, ladies and gentlemen. After 126 episodes, we finally tackle the question: Who is Satoshi?The final hour of this episode covers other topics to include:BTC hitting $100kMSTR providing BTC yieldNormies not knowing BTC priceLibra Coin (Argentina)US ImmigrationAnarchy (round 7?)Consent to be governedFederal Govt as tragedy of the commons: Loot the Fed (top of the looters leaderboard held by foreign countries)Recent $1.6B ETH Hack-Should we add plastic doors to our bank vault to improve efficiency of putting money in and taking money out of it?Binance hack from 2016/2017 ishNorth Korean Ace HackersGreatest threats to US today are from Russia and China: they might beat you in pubg or sc2.
Send us a Text Message.We know what you are thinking: Hell yes, another Matrix episode.Well, it didn't start that way, but we do tie it in. In this episode we discuss the idea of hacking your way through a dysfunctional society.Ideas hit on include-different types of hacks-morality of hacks-Quantitative easing being a permanent purchase-effect of money printing and QE on stocks, bonds, mortgage backed securities, real estate, and wages-how will our names be spoken in years to come-gladiator-the matrix-prisoners dilemma experiments in a social setting
Send us a Text Message.In this episode we discuss the opening ceremony, women's boxing, Russia being allowed to compete in the Olympics, and more.
Send us a Text Message.Do people really believe in Poop coin? Shiba Inu? Dogecoin? Polkadot? Ethereum?Is there a difference between the people who believe in meme coins vs other categories of shitcoins?All shitcoins lose over time to Bitcoin. Don't be a shitcoiner.
Send us a Text Message.In this episode we talk all the crazy events that have occurred over the past few weeks, from Trumps assassination attempt, to global software outages and Elon Musk getting laser eyes on twitter.
Send us a Text Message.Is philosophy just linguistic rubix cubes for nerds? Does philosophy serve a purpose, or do meaningless riddles carry as much weight as proper philosophical inquiry?If some are meaningless and some have important implications, how do we sort through which is which?We discuss these questions, as well as the issue of there only and always being 2 Sith lords.Â
Send us a Text Message.Guest Episode, starring an all-time fan favorite: Apostle Fat Stacks, aka BTCBogleheadIn this episode we gain valuable insight on Bitcoin's macro and micro economic outlook. We discuss the current price dip, price predictions, Bitcoin ETFs, pension funds purchasing BTC, the US Dollar, debt and inflation, Cat 5 hurricanes and running sinks, and why right now is one of the best times in Bitcoin's history to purchase Bitcoin--and possibly one of the last times for plebs to secure a position at all.Check out the episode, or HFSP.
Send us a Text Message.WITNESS MEYou may be thinking Mad Max is just a popcorn action movie--and we would agree with you, but its setting seems ripe for exploring deeper concepts.In this episode we discuss what Mad Max got right and wrong, as well as similarities between it, Star Wars, and Dune.
Send us a Text Message.WE ARE BACK.Naturally, we begin the episode with a brief Star Wars discussion, followed by a dive into what virtue and morality are according to both the cynics and Plato.The discussion leads us into questions regarding epistemology, free will, the morality of the covid response, and more.
Send us a Text Message.If you pay money to someone or something at the threat of imprisonment or violence, you are their slave. If you pay 30% of the product of your labor, then you are 30% their slave.In this episode we discuss tax evasion, tax avoidance, Roger Ver, crabs, the game theory behind taxation and politics, and more.
Its almost unbelievable that the first attempt at an independent, decentralized cryptographic money would succeed. Maybe its because the first attempts did NOT succeed. In this episode we discuss pre-cursors to Bitcoin, including failed attempts, that all helped shape Bitcoin into the only successful attempt at creating money independent of state.
One of the greatest movies ever made. A glimpse into peak Japanese culture, told through a fun but tragic heroes journey. We discuss why this movie is a top 5 all time movie.
On the great halvening, Bitcoins total supply is cut in half, but the value doubles. No wait, the supply is doubled which halves the value--like a stock split...No, no, only the newly minted bitcoin are cut in half, that's why you want bitcoin that was mined before the halving.Or maybe its something else?
Real estate is the boomer's asset. Boomers have the majority of the wealth, and use real estate as a store of value. The effect? Soaring home prices for first time home buyers.Bitcoin is our way out, but we also want a certain quality of life. This episode discusses hodling Bitcoin vs exchanging some for other assets
Bitcoin is causing a massive shift in power from central legacy systems to individuals. Will this power shift occur smoothly and peacefully with legacy systems capitulating by adopting and integrating Bitcoin into society, or will the legacy system fight to retain its power, forcing a revolutionary future?
What is Bitcoin?Money, truth, freedom, justice, a tool to fix all the problems in the world. We hear all kinds of answers so we decided to break it down.Are metaphors good explanations of Bitcoin, or does it leave one with only a high-level understanding of Bitcoin?In this episode we discuss these issues, answer what Bitcoin is, and discuss essential Bitcoin components and functions.
A national holiday--but we don't get the day off work. Groundhog day is arguably one of the most important holidays of the year, a day when we discover whether spring is here or winter will remain. It is also an enduring comedy movie where a man repeats the same day again and again.In this episode we discuss the holiday, the movie, and how it relates to Bitcoin.
In this episode we break down what effect the ETFs will have on Bitcoin. Some of the topics we discuss:-What are the risks of BTC ETFs for purchasers, and for Bitcoin itself-Cointelegraph's article stating ETF approval ~6 months prior to approval-Insider Trading-Jamie Dimon / JP Morgan as Authorized Participants (APs) for the BTC ETFs (and what that means)-Bitcoin vs Bitcoin ETF vs MSTR-Future price action
Euthyphro, Apology, Crito are three dialogues discussing the morality and justice surrounding the death of Socrates, written by Plato.In Crito, Socrates' friend, Crito, offers to smuggle Socrates out of Athens to escape his punishment. Socrates makes the case that it would be unjust, or morally wrong for him to do so.Is it always wrong to disobey society and societal laws? Is man the slave and society the master? How do we know what is moral and immoral?What does morality and justice have to do with Bitcoin?
We all know what justice is, and morality too... We just can't explain it very well.Plato explores these topics in the Euthyphro Dialogue which we dive into. This episode discusses the arguments Socrates makes to Euthyphro and their relevance to today, the method Socrates uses to discover truth, and the answers that Socrates gives us to life's greatest questions.
Athens' justice system began as oral law and later implemented draconian and solonian law. History sees this as progress simply because the laws came about later during the civilization--perhaps this 'progress' exacerbated the problem.Comparing a simple system of oral laws to our current judicial system in the U.S. we could certainly say we lost our way. Lawyers and Judges must study for a decade or more to be fit to judge the morality of things, whereas in Athens, every citizen could participate and seek out justice.In this episode we discuss the general trajectory of just, moral, and good systems into unjust, immoral, and evil systems over time--what causes this trend, and whether Bitcoin is uniquely resistant to it.
Bitcoin is the great innovation to come out of Bitcoin, not Blockchains.In this episode we discuss what a Blockchain does for Bitcoin and why it is absurd to use a Blockchain for any other use-case, despite what the shitcoiners tell you.
Yet again we see our reality mirroring that of Atlas Shrugged. Advertisers threatened to pull advertising from X unless Elon Musk censored his own speech and speech that occurred on his platform. His response? "Go fuck yourself." followed by "..Hi Bob," most likely referring to Bob Iger, CEO of Disney.Elon Musk resembles Hank Reardon from Atlas Shrugged--a titan of industry fighting for what he knows to be right, and he is not alone. As Bitcoin continues to rise, so do the titans and their power to fight the current fiat monstrosity.In this episode we discuss the hopeful future and the roles Satoshi Nakamoto, Elon Musk, Max Keiser, Michael Saylor, and perhaps Connor McGregor and others will play.
Javier Milei, an Anarcho-capitalist, has become president elect of Argentina.Do we care about politics? Not normally. But more important than Milei winning is the fact that a large percent of the population has libertarian values.The good guys are winning.
"Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner."Another good movie, unsurprisingly made in the 90s. We break down why this is the best bank robber movie to date.
What is the male archetype? Or are there multiple?This episode discusses the importance of the male archetype, the devolution of modern man,--to include modern man's creations, what is causing this devolution, and how Bitcoin fixes this.
We talked Gladiator, now we are talking Troy. One is superior to the other--but why?We break down what was well done in Troy, what needed to be different, and why this movie didn't fill its full potential, despite being an entertaining movie to watch. Some of the topics discussed:-How accurate the movie is to the source material-Paris--villain, or hero?-How the movie equated Achilles and Paris-Agamemnon's final revenge against Achilles (not included in the movie)
Who is Satoshi Podcast records 100th episode-Bitcoin sees $5k daily green candle. Coincidence? Maybe. In this Episode we discuss the bull, the great halvening, fomo, etf approval, flight to safety, break in correlation between Bitcoin and S&P 500, and much, much more.Â
We are joined once again by Dr. Ron in an episode discussing why (almost) all awards are fake in today's society. We all know employee of the month is a rotational joke--it no longer has meaning or value as an award.Does that mean it, and other awards like it, did not have value in the past, and will not have value in the future?In this episode we discuss:-the purpose of awards in the eyes of businesses, employees, and spectators-awards vs certificates, qualifications, and titles-awards as a form of manipulation-awards as a way to create healthy competition-the role fiat money plays in corrupting and politicizing awardsand how Bitcoin fixes all of this, of course
If we could switch to a gold standard tomorrow, how would it look and what would the consequences be?Is a reversion to a gold standard the greatest threat to Bitcoin?How much does the upcoming Bitcoin halving affect the price?
In this episode we discuss:How BTC can be at an all time high when denominated in some countries' money, but not the U.S. DollarThe injustice that Harambe sufferedWhat Harambe has to do with BitcoinWhether the transition to a Bitcoin Standard will be smooth or chaotic--and how each might lookThe dichotomy between people desiring self-sovereignty and personal accountability, and people desiring to outsource all things--accountability and responsibility includedAmongst numerous other things.
Only illegal markets are free markets. How much talent and value is lost because of bureaucratic regulations and artificially created barriers to entry?Innovating and attempting to run a business is fun, but in today's world, the ability to sift through regulations and receive approval on applications is more important than the quality of the product or service you are offering.This episode dives into these issues and all things related to free markets.
Is our entire financial system one giant ponzi scheme? Yes.In this episode we dive into the other ponzi schemes of life, discussing:-No way to opt out (until Bitcoin)-Ponzi Karma-Generational scams (education, housing market)-Socialism as a flat ponzi scheme-Modern day corporate work is the socialist ponzi scheme in action-What do sex robots have to do with this-Shitcoins as ponzi schemes-Risk profile of ponzi vs Bitcoin is inversely relatedAnd a lot more..
We who are about to die--salute you!This episode is our tribute to Twitter's current obsession with the Roman Empire.What makes Gladiator the greatest movie ever made?What is the main take-away from Gladiator?What do new movies get wrong?Are we excited for Gladiator 2?We answer these important questions, amongst others.
In this episode we give an overview of what the lightning network is and how it works for the most technically novice of Bitcoiners.We also discuss why its important and how we think it will look in the future, to include:-creating a free market for routing payments-replacing 'checking accounts' with 'lightning accounts'-how although it largely replicates legacy banking system, it has a key difference that prevents bad actors from monopolizing payment routesand more, check it out
In this episode we discuss modern politics, aka the circus, including:-Trump's mugshot-GOP debate occurring at the same time as Tucker Carlson's Trump interview-Send troops to the border?-Epstein... did kill himself?-Why Bitcoin fixes thisand more.
Sports: the last bastion of meritocracy left in society, yet even so, Billy Beane had a hard time implementing objective metrics for recruiting purposes.In this episode we discuss why everyone whos worked in the modern workforce can relate to this movie, good faith vs bad faith actors, what advice to give your son in this fiat world, and more.
How much of the total current supply of Ethereum was premined by Vitalik and other founders? The answer may surprise you.In this episode we break down why Bitcoin is valuable and why Ethereum is not.
We've done it again. Another episode led us inevitably down the anarchy rabbit hole where we discuss violence, free markets, centralization of power, rule of law, and enforcement in our current society vs a hypothetical anarchic society.
Have you ever considered that governments are just the most powerful gang around? What role does reputation and information play in the use of violence?In this episode we explore different organizations' use of violence and whether violence is ever justified. We also discuss how a having a monopoly on information can lead to a monopoly on 'justified' violence.What incentivizes robberyWhat theft is most frowned uponWhat theft, if any, is least frowned upon--or acceptedHow does violent robbery change on a Bitcoin StandardWhen did Tucker Carlson become a Bitcoiner
XRPs price boomed almost over 100% shortly after Ripple's court ruling where a judge declared that XRP is not a security, but also that it is a security.Now you might be thinking: "that doesn't make any sense."And you are right. It doesn't. This Episode explores the possible incentives that influenced this ruling, what it means for XRP, crypto, and Bitcoin, and what will happen next.
Dr. Ron--expert of medicine and science--joins us for this episode where he dispels myths revolving around science, medicine, and vaccines.If you want to know the truth of medicine, the reality of how science is applied to medicine, and gain a fundamental understanding of our immune systems as well as the medical industry as a whole, you must listen to (this) expert, Dr. Ron.
What is Tolkien trying to tell us about man's relationship with power? Is LOTR a metaphor for the reality we live in today? And finally, what can Lord of the Rings tell us about Bitcoin?
Since Blackrock's filing for a Bitcoin ETF, Larry Fink has gone on multiple news outlets describing Bitcoin as a store of value, similar to digitized gold--but many still consider Bitcoin a currency, so which is it?
There seems to be a new spirit of the times, reaching from the U.S. to China and Japan, and possibly elsewhere.In China, it is known as "lying flat," in Japan, "Hikikomori," and in the United States, quiet quitting, loud quitting, the great resignation, and even goblin mode are all candidates do describe the behavior identified in an increasing number of young adults. Gen Z may even have their own trend in keeping with the spirit of the times that is still undefined.What is causing this type of movement to take hold all over the world?
Is it better to be a reasoner or a memorizer? Do we need an expert on reasoners and memorizers to tell us the answer to this question--or can we discover the answer on our own?In this episode we discuss the ongoing struggle between reasoners and memorizers and how it is currently impacting education, science, politics, work, and probably everything else.
In a dystopian world where everything is dysfunctional and backwards, Bitcoin sets things straight. Bitcoin is a return to the natural, logical system of cause and effect.
Part one of a two part series on possibly the greatest sci-fi universe ever created: Star Wars. What makes certain episodes good and others bad? Why does the audience love Chewie but hate Jar Jar Binks? We have the answers.
You can read and write, but you can't code? You are illiterate.This will be the case in the very near future, and while it may not matter for older generations, kids who don't learn to code will be at a massive disadvantage. There is a reason Computer Science is the least regretted major post-graduation.In this episode we discuss the value of coding, probabilistic vs deterministic code, our preconceived notions before we started coding and our new understanding after learning to code and more.