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Paul Sztorc, co-founder and CEO of LayerTwo Labs, inventor of Drivechain, and author of BIP 300 and BIP 301, joins Jamil Hasan for a wide-ranging conversation about Bitcoin's future.They explore Drivechain, scaling, sidechains, miner incentives, Lightning, Ethereum, and the tension between preserving Bitcoin and allowing experimentation around it.But the conversation ultimately reaches a deeper question: Who actually stewards Bitcoin?Paul discusses the unusual governance dynamics of a decentralized system, the risks of complacency around Bitcoin's success, and why he believes expanding what people can build with Bitcoin matters for its long-term future.The episode closes on a more personal question: If Drivechain were never adopted, would all the years Paul spent building it still have been worth it?
幻冬舎の暗号資産(仮想通貨)/ブロックチェーンなどWeb3領域の専門メディア「あたらしい経済 https://www.neweconomy.jp/ 」がおくる、Podcast番組です。 ーーーーー 【番組スポンサー】 この番組は、暗号資産取引におけるフルラインナップサービスを提供する「SBI VCトレード」のスポンサーでお届けします。 ーーーーー SBI VCトレードは、「暗号資産もSBI」のスローガンのもと、国内最大級のインターネット総合金融グループであるSBIグループの総合力を生かし、暗号資産取引におけるフルラインナップサービスを提供しております。暗号資産交換業者・第一種金融商品取引業者・電子決済手段等取引業者として高いセキュリティ体制のもと、暗号資産の売買にとどまらない暗号資産運用サービスや法人向けサービスの展開、さらにステーブルコインのユーエスディーシー(USDC)を国内で初めて取り扱っております。 ーーーーー SBI VCトレード公式サイト:https://account.sbivc.co.jp/signup?hc_ak=1RNML.3.M06AS ーーーーー 【紹介したニュース】 ・クラリティ法案の審議入りならず、ビットコインは一時7.5万ドル割れ ・米下院歳入委員会、暗号資産の税制法案を9/16に審査へ ・ビットフライヤー、TRX・GRAM・ATOM・XDCを9/29取扱開始へ ・国内初、ビットトレードが「ストロングホールド(SHX)」取扱開始 ・金融庁、オンチェーン金融の社会実装を行政方針に明記。資金・証券決済を高度化へ ・新経連、暗号資産税制「一律20%」を個人間取引にも要求 ・アービトラム「ARB」は「2030年に10ドル」=スタンダードチャータード予測 ・米司法省、ロビンフッド元従業員2人を商品詐欺などで訴追。上場前情報でハイリキの無期限先物取引か ・ビットコインの量子コンピュータ対策に全体像、BIP-360やSHRINCSなど開発進む ・イーサリアムとベース、共通アカウント抽象化仕様に向けた協力終了。それぞれ異なる方式へ ・カルダノのDEX「スプラッシュ」で約242万ADA流出、スマートコントラクトの脆弱性が原因 ・ブラックロック、香港でトークン化ファンド認可取得。APACでトークン化商品初展開 ・GO・Waymo・日本交通、国内初の完全無人タクシー運行目指す。2027年に東京で100台規模 【あたらしい経済関連リンク】 ニュースの詳細や、アーカイブやその他の記事はこちらから https://www.neweconomy.jp/
When Jack Mallers stepped down from Twenty One Capital (XXI), Rapha Zagury stepped in as CEO. A Wall Street veteran who ran trading desks at Merrill Lynch, Rapha later co-founded Elektron, the Tether-backed Bitcoin mining operation that grew into one of the largest mining companies in the world. Now he joins me to explain what comes next for XXI — and to answer some of the biggest questions surrounding Tether. We discuss: How much of XXI Tether actually owns — and what it wants to build next Whether Tether's biggest critics are asking the right questions Why XXI is trying to become much more than a Bitcoin treasury company Whether Elektron will be absorbed into XXI What really happened at Ocean during the BIP 110 controversy Follow Rapha Zagury on X https://x.com/RaphaZagury ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- Borrow against your Bitcoin without selling it. Ledn offers Bitcoin-backed loans built for serious holders, with rates that get lower as your loan size increases. With Ledn's custodied loan product, your Bitcoin is held in custody and not lent out. Ledn has operated through multiple market cycles without a loss of client assets and publishes Proof of Reserves so you can verify what they hold. Get 0.25% off your first loan at ledn.io/natalie. Terms apply — see the site for details. ---- Bitdeer Technologies Group (NASDAQ: BTDR) powers AI and Bitcoin mining infrastructure with 3 GW of secured global energy — and owns the entire stack, from equipment manufacturing to data centers to proprietary orchestration software. Learn more at https://www.bitdeer.com ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Multisig self-custody without a seed phrase! Download Bitkey Today and use my promo code STORIES to get 10% off the new Bitkey. This episode has been sponsored by Bitkey: https://bitkey.world/STORIES Master Bitcoin self-custody and gain peace of mind with 1-on-1 training: https://www.thebitcoinway.com/natalie?utm_source=partner-natalie&utm_medium=podcast With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie Kalshi is the largest prediction market in the world.Use code HODL and get $25 when you trade $25 http://kalshi.com/r/HODL Natalie's Upcoming Events: The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL Extra Services to Consider: One of the best decisions I made for both my heath and my bank account was joining CrowdHealth years ago. I never spend more than $200 on health coverage through my CrowdHealth plan and all my health events have been crowd-funded. Get started with a discounted plan at my link. : www.joincrowdhealth.com/natalie ---- Disclaimer: The News Block and Coin Stories are for educational and entertainment purposes only and do not constitute financial, investment, legal, or tax advice. Natalie Brunell is not a financial advisor. Some content may include sponsorships or paid partnerships, which are disclosed. Always do your own research and consult a licensed professional before making financial decisions. Bitcoin and digital assets are volatile — never invest more than you can afford to lose.
A weekly news show informing you on the latest in Bitcoin, privacy and open source tech, hosted by Ungovernables, Max and Q.AOBMax: spent a full day and roughly $100 in API credits on a marketing project using lower-end models rather than his normal Claude subscription -- couldn't use it due to privacy concerns around Ungovernable content; a warning that frontier model quality costs real money per tokenQ: quiet weekend -- kids party Saturday, christening Sunday; off to Portugal on FridayNEWSRevolut hands passports and Bitcoin histories to a spoofed government request: attackers used a real government agency's email domain to extract passport scans, verification selfies, home addresses, and full transaction histories including Bitcoin activity; Revolut refuses to confirm the number of affected customers, the market, or the agency involved; attacker is now leaking customer files daily on Telegram and demanding 10,000 BTC -- CoinDesk, TechCrunch, DecryptLiquid exploit recovery: 3,400 BTC returned to block 965950 on September 7 via on-chain OP_RETURN negotiation; ~598.5 BTC (~$47M) remains with the exploiters; Blockstream refused the demanded 10% bounty, called it theft, and says it will work with law enforcement; block production resumed September 10 but peg operations remain suspended -- Bitcoin Magazine, news.bitcoin.com, CoinDesk, The Bitcoin ManualFinal CLARITY Act text drops: ethics deal done, developer protections narrowed; the Blockchain Regulatory Certainty Act now covers civil enforcement only with criminal protections removed -- including the charge brought against the Samourai developers; cloture vote is September 15 at 2:15pm ET, needs 60 votes; prediction markets put passage at ~25% -- The Crypto Times, The Block, The Hill, CoinDeskChinese quantum benchmark drops secp256k1 attack to 835 logical qubits, down 60% from the 2020 estimate of 2,124; current best hardware reaches 94 logical qubits; addresses with exposed public keys face the greatest future risk -- TFTC, CoinDeskAlby Hub authentication bypass lets attackers drain Lightning wallets: critical flaw in v1.7.0 through v1.18.5 allows unauthenticated remote takeover when port 8080 is internet-accessible; at least one user confirmed compromised; update to v1.24.0 and block external access to port 8080 -- The Hacker NewsBrevo breach lets attackers send phishing from Trezor, BitBox, and CoinTracking domains: attackers created API keys inside Brevo customer accounts allowing emails from real sending domains that passed SPF, DKIM, and DMARC; the lure was a fake STM32 Entropy Vulnerability alert targeting hardware wallet owners; Trezor and BitBox both confirmed the breach on September 9 -- CryptoTimes, DecryptRELEASESHighlightsElectrs v0.12.0 -- 2026-09-13Switches to the bindex indexing library. Requires Bitcoin Core 31 or later and a full reindex -- upgrade Core first and plan for downtime, especially on lower-powered hardware.Fedimint v0.12.1 -- 2026-09-12Security release fixing a vulnerability in the Lightning gateway's LNv1 payment handling. Gateway operators should upgrade immediately. The fix is consensus-neutral so federation participants and wallet users do not need to coordinate an upgrade.Radar v1.0.7 -- 2026-09-12Adds BOLT11 invoice payments alongside lightning addresses, scan-to-pay from the send screen, on-chain receive via bitcoin: URI, full balance hiding across the app, and Signal backup migration on a single device.Bitcoin Seed Tool v2.4.0 -- 2026-09-11Adds SeedQR scanning, Seed XOR splitting into 2-8 Coldcard-compatible shares, NIP-06 Nostr key derivation, BIP-44/49/84/86 descriptor export, and blank backup template printing. Also fixes seed leakage bugs -- existing users should update before use.Phoenix v2.8.2 -- 2026-09-08 (Android), 2026-09-07 (iOS)Adds Italian, Japanese, Polish, Ukrainian, and Korean language support. Android users can now manually set feerates on outgoing on-chain transactions, matching iOS parity.BTCPay Server v2.4.4 -- 2026-09-08Breaking-change release: NFC payments disabled by default at checkout, zero-amount invoices blocked by default, and Boltcard desktop setup removed in favour of the dedicated Boltcard app. Review the breaking changes before upgrading.Ashigaru Desktop v1.4.5 -- 2026-09-07Major catch-up release. Fixes broken HTTPS connectivity in earlier builds (missing crypto modules broke all outbound connections). Adds in-app update checking with signature verification, a guided tour, dice-based passphrases, and stronger Dojo node verification. Existing users on older versions must download manually.Flint v1.1.0 -- 2026-09-07Updates compatibility to BTCPay Server 2.4.4 and enforces Breez SDK Spark release gating. Upgrade alongside BTCPay 2.4.4. All artifacts signed with Sigstore build provenance.Everything elseAmethyst v1.15.2 -- 2026-09-12BasicSwap DEX v0.18.8 -- 2026-09-13BasicSwap DEX v0.18.7 -- 2026-09-10BDK FFI v3.1.0 -- 2026-09-12Citrine v3.1.1 -- 2026-09-10Core Lightning v26.06.7 -- 2026-09-11Fedimint v0.11.3 -- 2026-09-12JoinMarket-NG v0.39.2 -- 2026-09-12LDK v0.2.6 -- 2026-09-10LNbits v1.6.1 -- 2026-09-09ngit-cli v3.0.0 -- 2026-09-08Ride The Lightning v0.15.12 -- 2026-09-09RoboSats v0.8.7-alpha -- 2026-09-10Tor Browser 15.0.22 -- 2026-09-10Trezor Suite 26.9.1 -- 2026-09-11TO DONATE TO ROMAN'S DEFENSE FUND: https://freeromanstorm.com/donateHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES w/ USD ----> https://www.givesendgo.com/billandkeonneDONATE TO THE FAMILIES w/ BTC ----> https://pay.zaprite.com/pl_JpxtkLv95T SUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ungovernable- BUY SOME STICKERS @ https://ungovernable.network/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00:00) INTRO(00:00:41) THANK YOU FOUNDATION(00:01:29) THANK YOU CAKE WALLET(00:03:50) The Privacy Tax(00:12:08) Kids Parties and Christenings(00:15:56) NEWS(00:16:14) KYC: Kill Your Customer(00:28:00) MORE NEWS(00:52:42) BOOSTS(01:02:36) UPDATES & RELEASES
Wie entsteht eigentlich ein Bitcoin-Seed – und woher kommt der Zufall, auf dem unsere privaten Schlüssel am Ende beruhen?In dieser Spezialfolge übernimmt Chris Tochter Lucie das Mikrofon und macht es ganz praktisch:Mit 128 Münzwürfen erzeugt sie Schritt für Schritt die Entropie für einen eigenen 12-Wörter-BIP39-Seed. Kopf wird zur 0, Zahl zur 1 – und aus 128 zufälligen Bits werden schließlich zwölf Wörter.Dabei erklärt Lucie, was Entropie eigentlich bedeutet, warum die BIP39-Wortliste genau 2048 Wörter enthält, weshalb für ein Wort jeweils 11 Bit benötigt werden und warum beim zwölften Wort plötzlich eine Checksum ins Spiel kommt.Vor allem aber geht es um eine grundlegende Frage bei Bitcoin: Wem oder was vertrauen wir eigentlich bei der Erzeugung unserer Schlüssel?Ihr braucht dafür weder Kryptographie-Studium noch Programmierkenntnisse. Für das Experiment reichen Münzen, Stift und Papier, eine BIP39-Wortliste – und für die Berechnung der Checksum eine vertrauenswürdige Offline-Lösung.⚠️ Wichtig: Probiert das Tutorial beim ersten Mal am besten nur mit einem Übungs-Seed aus. Echte Seed-Wörter gehören niemals auf einen normalen Computer, in eine Webseite, einen Online-Checksum-Rechner oder vor eine Kamera.Also: Holt 1,28 € in Centmünzen raus. Wir erzeugen Zufall.⚡️Lucies LN-Adresse: lucie@getalby.comBlaubärs BIP39 Nachschlagetabelle (Binär - Dezimal - Wortliste)Blaubärs Seed-Sheet (modifiziert von Chris)https://github.com/kallerosenbaum/grokkingbitcoinhttps://bitcoin.org/bip/39/#donation-modal-titleBlockzeit: 965732Von und mit: Lucie & Chris⚡SHA256Produzent: Chris⚡SHA256Hier könnt ihr uns eine Spende über Lightning da lassen: ⚡️nodesignal@getalby.comZusätzlich haben wir auch einen Silent Payment Link: sp1qq0a2rles9y32ffmj0eawvjglgqsgj7hq99ers580l98k42a7rh9szq3sa50fh2e5lwf22fxcjy0qw88u72vlj328qr39da245sq4nrskuqvvv5l4Neben dem Podcast findet ihr uns auch auf YouTubeFür Feedback und weitergehenden Diskussionen kommt gerne in die Telegramgruppe von Nodesignal und bewertet uns bei Spotify und Apple Podcasts, das hilft uns sehr. Folgt uns auch gerne bei Nostr:npub1n0devk3h2l3rx6vmt24a3lz4hsxp7j8rn3x44jkx6daj7j8jzc0q2u02cy und X(Twitter).00:00:22 Hallo und Intro mit Lucie00:02:27 Warum diese Folge?00:03:48 Was ist überhauot ein Seed?00:05:49 1 Bit ist eine Entscheidung00:07:08 Was bedeutet Entropie?00:08:46 Was hat BIP 39 mit dem Seed zu tun?00:10:11 128 geteilt durch 11 geht nicht auf!00:11:31 Die Checksum oder Prüfsumme00:13:32 Die Checksum bei 24 Wörtern00:15:05 Jetzt aber: Hands-On!00:16:56 Den Seed mit Münzen werfen00:19:04 Wörter zu den Binärzahlen in der BIP 39 Tabelle ablesen00:20:24 Die Checksum generieren00:21:12 Da ist er - der eigene Seed!00:22:27 Was haben wir geschafft?00:23:49 Kann ich Münzen vertrauen?00:25:05 Das Prozedere zusammengefasst00:26:14 Lucies Pep Talk00:27:41 Tschüss von Lucie00:28:00 Outtakes00:28:51 Boosts mit Zetti und Calso
Mentor Sessions Ep 095: Bob Burnett and Nacho Pauls of Ocean discuss Bitcoin mining decentralization, the BIP-110 chain split, hash rate flight, and Bitcoin Knots.Bitcoin's first real hard fork just tested mining decentralization for real — and Ocean's hash rate dropped from roughly 40 exahash to 23 before clawing back. Bob Burnett (Barefoot Mining, Ocean chairman) and Nacho Pauls break down what actually happened when the chain split, why rented hash fled while owned hash stayed, and what the loss of Bitcoin Knots means for client diversity going forward.You'll learn why the "template centralization" problem is still the core issue even after BIP-110 was resolved, how a non-KYC pool kept paying miners through the chaos, and why Bob argues Bitcoin needs 3 to 5 competing clients — drawing a direct parallel to how the PC industry standardized USB, PCI, and Bluetooth. You'll also get the honest story behind Ocean's high-profile team departures, who's stepping into the CTO and chairman roles, and why Bob calls the whole episode a "distraction" the community ultimately settled the right way.Whether you run a node, stack sats, or care about who really controls Bitcoin's hash, this is a candid, insider conversation about mining, consensus, and what comes next.⏱️ Timestamps:0:00 - Intro0:41 - Hard Fork Fallout and What Happened1:12 - Have Bob's Decentralization Views Shifted?1:54 - Datum Templates and Decentralization Fix3:25 - Ocean Hash Rate Drops From 40 to 23 EH3:43 - Overcoming Defeatism Among Motivated Miners4:11 - Nacho Explains Why Miners Left Then Returned4:57 - Only Pool That Let Miners Choose6:37 - Owned Hash Rate Versus Rented Hash8:34 - True Cost of 15 EH Rented Hash9:38 - Non-KYC Mining and Unknown Customers10:50 - Why Large Miners Avoid Switching to Ocean13:20 - Ocean's Jump to 30 EH and Path to 10017:23 - Sponsor Break18:50 - Team Drama and Key Departures20:17 - Amicable Split With Departing Founders22:01 - Jason Hughes Becomes CTO and Board Changes23:28 - BIP-110 Debate and Your Hash Your Choice33:15 - Bob's Personal Take on Departures34:13 - Mistake of Treating BIP-110 as Crisis38:39 - Community Consensus and Bitcoin's Strength43:57 - Losing Bitcoin Knots Client Option45:53 - Short Medium and Long Term Client Strategy46:48 - Plea to Core on Extended Version Support47:27 - Why Bitcoin Needs Three to Five Clients48:32 - PC Industry Lessons on USB and PCI Standards51:16 - Where to Follow Nacho and BobGuests mentioned: Bob Burnett (Barefoot Mining, Ocean), Nacho Pauls (Ocean), plus discussion of Luke DeWolf, Jason Hughes, and the Bitcoin Boomers.
Mark “Murch” Erhardt, Gustavo Flores Echaiz, and Mike Schmidt are joined by average_gary, Erick Cestari, Conduition, and Greg Sanders to discuss Newsletter #421.News● Using silent payments for miner payouts in coinbase transaction (2:19) ● Responsible disclosure of a denial-of-service vulnerability in CLN (27:42) Changing consensus● Continued discussion of PQC output types (54:03) ● DropKick commit/reveal PQC rescue (1:14:08) ● SHRINCS draft BIP (1:35:48) ● BIP448 and CSFS/CTV demos and applications (37:55) Releases and release candidates● Core Lightning 26.06.7 (1:51:35) ● LND v0.21.3-beta (1:55:32) ● LND v0.20.4-beta (1:55:37) Notable code and documentation changes● Bitcoin Core #36111 (1:58:21) ● Bitcoin Core #36032 (2:01:17) ● Core Lightning #9435 (2:04:52) ● Eclair #3368 (2:08:10) ● Eclair #3366 (2:10:54) ● LND #11090 (2:14:55) ● LND #11140 (2:20:33) ● HWI #792 (2:23:55) ● BDK #2262 (2:25:48)
Mentor Sessions 092: Michael Sullivan explains Bitcoin sentiment analysis, emotional cohort signals, OG optimism, narrative shifts, and why the data may point to a bottom.Bitcoin sentiment just did something it rarely does after a 22% rip: it stayed calm. No euphoria, no desire spike, no retail flooding back — and that gap between the price move and the emotional data is where the real signal lives.Michael Sullivan — an engineer and fiction writer turned Bitcoin sentiment analyst — breaks down how he tracks 14 distinct emotions across cohorts of Bitcoiners, from OGs and technologists to MSTR treasury speculators. You'll learn why he cohorts the crowd instead of scraping social media, why the Fear & Greed Index misses all the nuance, and why he reads OG optimism as one of the most reliable early signals that positive things are on the horizon. You'll see why 'desire' language sits inversely correlated with price, why the near-total absence of a new narrative can be wildly bullish near a bottom, and how the BIP-110 debate produced algorithmic engagement patterns that looked artificially farmed. He also lays out the AI-bubble-to-Bitcoin thesis and why he's personally bearish by instinct but bullish on the data.⏱️ Timestamps:0:00 - Intro0:38 - Why this rally feels like disbelief1:09 - Massive sentiment phase shift after crash2:01 - Rally lacks expected euphoria levels3:05 - Tracking caring language in ColdCard event3:58 - Technologists impressed most during crisis5:12 - Studying Saylor's four Bitcoin cohorts6:33 - MSTR shareholders as conviction outlier7:18 - OG optimism as reliable bullish signal7:59 - Are OGs turning optimistic now9:56 - Emotions linked to time and excitement11:40 - Downturn negative language uniquely severe12:40 - Desire language at market tops and bottoms16:52 - How language analysis became his focus19:11 - BIP-110 debate through psychology lens21:09 - Algorithmic engagement that felt farmed26:55 - AI bots distorting sentiment data29:47 - Spotting leaders and narrative first movers32:56 - Narratives shaping markets and price34:37 - Absence of narrative as bullish signal36:42 - Does price or emotion move first40:03 - AI deflation versus Bitcoin scarcity thesis40:30 - Euphoria missing at prior all-time high45:17 - Bitcoiners versus treasury company speculators50:07 - Conviction language versus hedging explained54:03 - Denoising sarcasm with cohort analysis59:31 - Signals needed to confirm bearish view1:00:06 - Data pointing bullish over coming months1:02:10 - Where to follow Michael's latest workMichael writes deep analysis on Bitcoin sentiment and shares it on X and Substack — links below.
幻冬舎の暗号資産(仮想通貨)/ブロックチェーンなどWeb3領域の専門メディア「あたらしい経済 https://www.neweconomy.jp/ 」がおくる、Podcast番組です。 ーーーーー 【番組スポンサー】 この番組は、暗号資産取引におけるフルラインナップサービスを提供する「SBI VCトレード」のスポンサーでお届けします。 ーーーーー SBI VCトレードは、「暗号資産もSBI」のスローガンのもと、国内最大級のインターネット総合金融グループであるSBIグループの総合力を生かし、暗号資産取引におけるフルラインナップサービスを提供しております。暗号資産交換業者・第一種金融商品取引業者・電子決済手段等取引業者として高いセキュリティ体制のもと、暗号資産の売買にとどまらない暗号資産運用サービスや法人向けサービスの展開、さらにステーブルコインのユーエスディーシー(USDC)を国内で初めて取り扱っております。 ーーーーー SBI VCトレード公式サイト:https://account.sbivc.co.jp/signup?hc_ak=1RNML.3.M06AS ーーーーー 【紹介したニュース】 ・金融庁、暗号資産レンディング「IZAKA-YA」運営会社に警告。無登録で交換業 ・コインチェックG、DFNSと提携。国内金融機関向けデジタル資産カストディ提供目指す ・パシフィックメタ、ファイアブロックスの国内導入支援へ。リファラルパートナー就任 ・メルカリでソラナ(SOL)取扱開始、コインチェック連携で計16銘柄に ・金融庁、27年度の予算および機構・定員要求の概要公表。暗号資産など新金融サービスへの体制強化へ ・アイルランド、新投資口座から暗号資産を除外へ ・ビットコイン「BIP-110」で分岐した少数派チェーン再始動、PoWを「BLAKE2b」に変更=報道 ・ソラナ、スロット時間を300msに。8日間で25%短縮 ・ソラナのガバナンス投票終了、「ソラナ憲法」とSOL発行量削減案が可決 ・オープンシー、ソラナ基盤NFT取引に再対応。初回ベータ版から4年超で ・アルパカ、カルシと提携。CFTC規制の予測市場を金融取引APIに統合へ ・チェイナリシス、ICEのTRMラボ向け約9500万ドル随意契約を巡り米政府提訴 ・イーサリアム「EIP-8397」提案、AA実現に向け認証方式を拡張 ・ビットマインがイーサリアムを5万3501ETH追加取得、総保有量590万ETH超に ・ストラテジーが約2カ月ぶりのビットコイン追加購入、総保有数は84万5050BTCに ・ストライブがビットコイン追加購入、総保有量は2万3156BTC、上場企業で世界第5位に ・テレグラムで自己管理型「Gram Wallet」提供開始、「Wallet in Telegram」は「Walt」に改称へ ・オンライン投資プラットフォーム「ウィブル」がカナダで暗号資産取引開始、コインベース基盤活用 ・ポリゴンPoS、複数のセキュリティ問題を2つのハードフォークで修正 ・フル・セイル、Sui上のボールトで資金損失を確認。スイッチボードのオラクル侵害の可能性調査 ・フォゴ財団への侵害で4億FOGO流出、メインネット一時停止 【あたらしい経済関連リンク】 ニュースの詳細や、アーカイブやその他の記事はこちらから https://www.neweconomy.jp/
A special episode with Mathieu Geukens, Calin Culianu, Jerry "Lightswarm", and Luke Pryor. We reflect on Cash3.0, ColdCard hack, and watch the historic signaling start of BIP110 and attendant fallout. Enjoy, and please share your thoughts in the comments below.Links:Jerry: https://x.com/LightswarmMathieu Geukens: https://x.com/GeukensMathieuCalin Culianu: https://x.com/cculianuLuke Pryor: https://x.com/thelukepryor“BTC wants BCH has” thread: https://x.com/TheBCHPodcast/status/1839339408669229364Episode slides:https://docs.google.com/presentation/d/1ut2NHVfOUuBYYb-aDdKFMnpWP_11HlVb/Donations:bitcoincash:zzqj5lj7rk32pv7xxw6jfzu3y6ywc640hy8l76c0k3Sponsors:- FundMe.Cash contributors: https://fundme.cash/campaign/149- BCH BULL: https://bchbull.comSocials:Website: https://www.bitcoincashpodcast.comTimestamps:00:00 Video starts00:37 Intro & market update6:20 Cash 3.0 Philippines conference review18:30 Luke joins, vibe coding, building resources for parents of autistic children29:40 1-minute blocks on BCH31:00 Discussion on VM upgrades and AI31:38 Live countdown to the BIP 110 signaling blocks32:00 Technical analysis of the BIP 110 reorg probabilities35:00 First legacy block40:54 Mathieu joins44:30 Meme of the week45:50 Analysis of the "soft fork" dynamics & Antpool mining an invalid block48:12 Chris Guida: BCH is crushing BTC nervously laughed off1:05:25 Analysis of SegWit and Taproot trade-offs1:09:58 Jerry joins1:21:00 2nd legacy block confirms a setback for BIP 110.1:25:00 The state of the BIP 110 split attempt1:32:35 A legacy block from Ocean1:38:15 Speculation on miner behavior and capitulation1:49:12 Discussion on privacy tech and Zcash/Monero2:05:01 4th legacy block & reactions to the BIP 110 attempt2:12:00 Winning BTC devs2:16:08 Implications of the failed signaling2:23:56 Reactions to the BIP 110 livestream conclusion2:29:15 Their Failures, Our Benefit?2:30:35 Commentary on community cohesion and infighting2:33:00 BTC brain drain2:35:40 Mathieu on BCH upgrades / one-minute block 2:42:50 Jerry on BCH upgrades2:56:00 WWE Controlled opposition3:00:37 Contextualizing the block height and difficulty windows3:08:56 ColdCard wallets disaster3:11:37 Technical review of RNG & hardware wallet vulnerabilities3:14:10 Chaos and confusion at BTC3:16:58 BCH leveling up3:32:20 Technical discussion on reorg3:42:42 The impact of block times on user experience3:44:00 Best argument for 1-minute blocks3:46:28 Message to the community
Casey Rodarmor and Erin Redwing dive deep into Paul Sztorc's eCash Bitcoin fork and the return of the Bitcoin fork wars. The fork implements Drivechain through BIP 300 and BIP 301, allowing Bitcoin to support side chains for privacy, prediction markets, decentralized exchanges, assets, DNS, post-quantum cryptography, and more — without adding those features directly to Bitcoin Core.We break down how hashrate escrow and blind merge mining actually work, the seven proposed Drivechain side chains, the controversial redistribution of 500,000 of Satoshi's coins, and the central question hanging over the entire proposal: can Bitcoin miners actually be trusted to make this work?Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS:0:00 Intro8:18 Fork Wars: Paul Sztorc's eCash Bitcoin Fork11:17 What is Drivechain? BIP 300 & BIP 30112:56 Satoshi Coin Redistribution & Drivechain Timeline14:17 Side Chains: Bitcoin's White Whale18:04 Blockstream's Liquid & Why Side Chains Fail21:22 Lightning vs Side Chains23:07 Hashrate Escrow Deep Dive: How BIP 300 Works28:00 Blind Merge Mining & Core Untouched Soft Fork32:28 The Seven Proposed Drivechain Side Chains36:30 Who Validates the Side Chains?40:40 Are Miners Stupid or is Drivechain Stupid?44:00 Paul Sztorc's Integrity & Pathological Honesty51:00 The Fork Wars: Luke vs Paul vs Michael59:00 What Makes Bitcoin Bitcoin?1:04:00 Should You Spend Your Bitcoin? Deflationary Psychology1:13:00 The Future of Bitcoin & Sovereign Individuals1:20:00 OutroTopics covered: Drivechain, Paul Sztorc, eCash, BIP 300, BIP 301, Bitcoin side chains, hashrate escrow, blind merge mining, Bitcoin miners, Satoshi Nakamoto coins, BIP-110, Luke Dashjr, Michael Saylor, Bitcoin ossification, Lightning Network, Bitcoin scaling, privacy, prediction markets, Bitcoin hard forks, Bitcoin governance, and the future of Bitcoin.
I've been interviewed this week by Bernardo Braga from Brazil on his podcast. In his words:“Bitcoin doesn't need to be destroyed to lose the war. If people give up self-custody and agree to exchange Bitcoin for pieces of Wall Street paper, defeat has already begun.In this conversation, Efrat Fenigson and I talked about Bitcoin Core, Michael Saylor, stablecoins, and the risk of Bitcoin becoming another piece of the fiat system.She also shares how the pandemic turned her life upside down and why she turned down a larger sponsorship offer from Coinkite before the Coldcard debacle.”→ Please like, comment, share & subscribe, to help me beat the suppressing algo's. Thank you!SPONSORS→ Download the free report on second citizenships & setting up a plan B in another country with Expat Money: https://expatmoney.com/efrat→ Access liquidity without selling your Bitcoin with Ledn, get 0.25% off your first loan: https://ledn.io/Efrat → Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you'll have to watch it): https://affil.trezor.io/SHUn→ Have you tried mining bitcoin? Stack sats directly to your wallet while saving on taxes with Abundant Mines: https://AbundantMines.com/Efrat - Claim your free month of hosting via this linkAFFILIATES→ Want to preserve your privacy online? Get a GrapheneOS privacy phone or laptop, up to $150 off “Above Phone” products + extra $50 off with code EFRAT: https://abovephone.com/efrat/ → Get 15% off “Born To Be Free” all-natural, tallow-based skincare products on a bitcoin standard, using code EFRAT: https://oshi.link/1nvZYq → Join me in these upcoming events & use code EFRAT for discounted tickets: https://www.efrat.blog/p/upcoming-events→ Get 10% off on Augmented NAC to detox Spike protein, with the code YCXKQDK2 via this link: https://store.augmentednac.com/?via=efrat (This is not medical advice, please consult your MD)→ Watch “New Totalitarian Order” conference with Prof. Mattias Desmet & Efrat - code EFRAT for 10% off: https://efenigson.gumroad.com/l/desmet_efratLINKSBernardo on X: https://x.com/eubernardobraga Efrat's X: https://twitter.com/efenigsonEfrat's Channels: https://linktr.ee/efenigsonWatch on all platforms: https://linktr.ee/yourethevoiceSupport Efrat's work: https://bit.ly/zap_efratCHAPTERS 00:00 Highlights01:35 Who is Efrat Fenigson?05:26 How the pandemic awakened Efrat09:07 The fiat system as modern slavery13:07 BIP-110, Bitcoin Knots and Bitcoin Core14:46 Ledn's message16:05 Is Bitcoin Core being co-opted?19:35 Who funds developers?25:19 Wall Street, BlackRock and the Attack on Bitcoin26:44 Self-custody and vulnerable points30:00 The responsibility of Bitcoiners33:58 Ideology and values within Bitcoin Core42:02 What happened to Michael Saylor?47:08 Stablecoins: the new digital money49:48 Fiat on steroids56:32 The future of free communities01:02:57 A protocol of sovereignty for your life01:10:27 How Efrat Became a Freedom Activist01:13:21 Democracy, corruption and political theater01:17:22 Coldcard, Coinkite and the rejected proposal
Kurt Wuckert Jr. is best known for his work at Gorilla Pool and CoinGeek. In this interview, he explains why BSV formed from BCH, what are the biggest differences between the two versions of big block Bitcoin, and why he believes he found Satoshi Nakamoto. 00:49 – The Cake Wallet contest explained 01:22 – Who is Kurt Wuckert Jr? Print shop, 2012, and the making of a big blocker 02:07 – The OP_RETURN reduction that killed his tokenization project 03:28 – The Hodlonaut photo controversy in Oslo: Kurt's side of the story 07:02 – Vlad on the fallout: friendship, slander, and psychological damage 09:21 – The handshake Hodlonaut refused, and Kurt's public apology 12:03 – The irony: Hodlonaut now sounds like a 2016 big blocker 13:53 – Dan Kaminsky's 2011 gigabyte block slides 15:46 – Andrew DeSantis, world computer ideas before Vitalik 17:13 – Why Mike Hearn was Kurt's first big block influence 19:14 – BIP 101, 102, 103: when block size was not controversial 22:46 – Gavin's 8 GB by 2036 plan and Jeff Garzik's modest 2 MB 25:23 – Lightning, Liquid, and the migration of activity to other chains 29:03 – Vlad's Raspberry Pi Lightning node confession 30:42 – Jack Dorsey and the lightning bank thesis 32:19 – BTC's share of market cap vs its share of transactions 32:42 – Tether on Tron and the Tetheral Reserve 35:39 – IShowSpeed in Nigeria: USDT accepted, Visa declined 37:36 – Chat question: what if Michael Saylor called to pivot to BSV? 40:24 – Saylor's anti-development tweets and the perfectionism trap 41:37 – SPV debates and engineering for perfection 44:24 – Why Bitcoin Core devs do not stack 47:01 – The 2018 inflation bug disclosed by a BCH developer 48:23 – The DDoS attacks on Bitcoin XT nodes 48:58 – The Resolution of the Bitcoin Experiment and the Mike Hearn wish 51:18 – The merchant adoption Bitcoin lost 52:24 – WBTC's 120,000 BTC vs Lightning's 5,000 53:09 – Sponsors: Braiins, Cake Wallet, SideShift, OrangeRock, Ecash 59:38 – Kurt on drivechains and Paul Sztorc 1:03:36 – The BCH/BSV split: what actually happened in November 2018 1:08:08 – Rolling checkpoints and the night of the fork 1:11:46 – Where Kurt was when the chain split 1:16:47 – Kurt's coin strategy: the Satoshi index of unsplit UTXOs 1:21:10 – The Binance delisting wave and Paolo Ardoino's defense 1:24:17 – Who invests and builds in BSV: Calvin Ayre, Tokenovate, Gorilla Pool 1:31:41 – Kurt's presentation to one of the world's biggest banks 1:33:05 – What BSV can do that BCH cannot 1:37:04 – Satoshi's disabled opcodes and the 2010 value overflow bug 1:39:16 – The poker client and marketplace in Bitcoin v0.1 1:41:48 – BCH's ABLA, CashTokens, and the governance difference 1:47:39 – The Monero codebase stored on BSV 1:48:05 – The DAR and Blacklist Manager hard forks 1:51:03 – CZ's aborted Binance rollback 1:55:33 – The white paper's immutability clause vs DAR 2:03:55 – Vlad's dormant-coins nightmare scenario 2:08:33 – The Craig Wright verdict as proof the system works 2:11:56 – Does Kurt still think Craig Wright is Satoshi? 2:15:36 – Dave Kleiman, the Drive Wipe Fallacy, and the Satoshi writing style 2:23:28 – The key slices, Uyen Nguyen, and the missing thumb drives 2:27:50 – Vlad's counter: the California IP address 2:32:00 – Bitcoin as an American project 2:35:32 – Hodlonaut replies mid-show 2:36:29 – If Craig is Satoshi, why sue the developers? 2:44:57 – The Arnhem 2017 speech 2:50:56 – Craig's neurodivergence and the villain arc 2:59:23 – The Gavin Andresen signing ceremony 3:04:58 – The rental Lamborghini and the pattern of bending truth 3:12:31 – Ryan X Charles and the post-COPA denunciations 3:14:04 – Can BSV exist without Craig Wright? 3:19:24 – BitVM: Craig's Turing completeness claim vindicated 3:20:44 – The giveaway reveal: the number is 40 3:22:24 – Would Kurt work on anything else if BSV died? 3:24:46 – Monero, fungibility, and the historian job offer 3:26:43 – OPL.dev, Bitcoin Schema, Sigma Identity 3:29:01 – The Smashing Pumpkins truce 3:32:00 – The Epstein money vindication 3:35:12 – Kurt's plugs: Gorilla Pool, kurtwuckertjr.com, bopen.ai 3:36:12 – Vlad's promise: this episode goes on the BSV blockchain 3:38:00 – The Mike Hearn introduction request 3:38:15 – Outro and sponsor thanks
CHAPTERS00:00 Intro00:26 Who Gabe is and what Subfrost does01:56 Finding traction in a bear market02:20 The China road trip and an unexpected user base04:32 Alkanes' share of Bitcoin block space, in Gabe's numbers05:30 How trustless can Bitcoin smart contracts really be?06:06 Progressive decentralization: nine signers, then doxxed, then permissionless08:59 Current TVL09:03 The L2 misconception and the UTXO model10:44 Spam, BIP-110, and where Gabe thinks censorship starts14:25 The TAM argument: ETFs, perps, and moving Bitcoin on chain18:07 Institutional Bitcoin: what it opens up and what it risks24:44 Will younger holders ever self-custody?28:25 Where did Bitcoin's volatility go?33:27 Why build on Bitcoin instead of another chain37:05 July 2: the attempted drain of frBTC41:13 The failsafe, the halted unwraps, and the cleanup43:50 The free audit, and the one they paid for44:53 Stablecoins, KYC, and the third route47:53 One year out: indexers, apps, and dxBTC51:44 Where to find Gabe
The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
The committee nobody watches just opened the paperwork on Michael Saylor. MSCI is consulting on whether "non-operating companies" belong in its indexes — run the screen and exactly three names get deleted: Strategy, Metaplanet, and a uranium fund. Up to $8.8 billion in passive money would be forced to sell on a calendar date, decision October 16. We break down the mechanics, who's actually exposed, and why Norway's sovereign wealth fund is at record Strategy exposure at the worst possible moment.Also tonight: the BIP-110 crowd picked BLAKE2b out of a hat in a Discord and scheduled a September 1 hard fork to fire every miner on earth. Trezor's shipping partner leaked 13,689 home addresses — the wrench-attack mailing list writes itself. And in Clown World North: B.C. spends $101,000 a month housing one man in a 110-room hotel, the Ontario Line quietly triples to $34 billion, and a Toronto cop gets shot by a man who was already wanted in two other regions — 29 days after the new bail law took force.Drop your questions and comments in the live chat.— Canadian Bitcoiners Podcast
In this episode, we dug into the latest fallout around Ocean Mining and Luke Dashjr's departure as CTO, along with the broader controversy around BIP 110 and the so-called “LukeCoin” proof-of-work fork. We talked through why the messaging around that fork is so misleading, how term redefinition keeps confusing newer Bitcoiners, and why simply changing mining algorithms does not magically solve centralization. We also explored the technical choices behind the proposed proof-of-work change, why existing ASIC availability matters, and how these alt-fork experiments often reveal more about incentives and market structure than about any real path forward for Bitcoin.We also spent time on the 256 Foundation's latest work, including red-team analysis of closed-source mining firmware and why these opaque systems create serious operational and even grid-level risks. From there, we highlighted the upside of open-source firmware through Riot's new solar-responsive mining product built on Mujina, which shows what becomes possible when miners can actually control their hardware. We wrapped with updates on the Buzz relay for agent-assisted collaboration, thoughts on making it easier for home miners to run their own low-cost nodes, and some early findings from reverse engineering a WhatsMiner M64 that suggest just how far manufacturers are going to lock users out of their own machines.
The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
The committee nobody watches just opened the paperwork on Michael Saylor. MSCI is consulting on whether "non-operating companies" belong in its indexes — run the screen and exactly three names get deleted: Strategy, Metaplanet, and a uranium fund. Up to $8.8 billion in passive money would be forced to sell on a calendar date, decision October 16. We break down the mechanics, who's actually exposed, and why Norway's sovereign wealth fund is at record Strategy exposure at the worst possible moment.Also tonight: the BIP-110 crowd picked BLAKE2b out of a hat in a Discord and scheduled a September 1 hard fork to fire every miner on earth. Trezor's shipping partner leaked 13,689 home addresses — the wrench-attack mailing list writes itself. And in Clown World North: B.C. spends $101,000 a month housing one man in a 110-room hotel, the Ontario Line quietly triples to $34 billion, and a Toronto cop gets shot by a man who was already wanted in two other regions — 29 days after the new bail law took force.Drop your questions and comments in the live chat.— Canadian Bitcoiners Podcast
The Misfit Behaviorists - Practical Strategies for Special Education and ABA Professionals
What exactly is the difference between an FBA (Functional Behavior Assessment) and a BIP (Behavior Intervention Plan)?These two terms are often used together, but they serve very different purposes. In this episode of ABA Without the Jargon, we explain how an FBA helps identify why a behavior is happening and how a BIP outlines what to do about it.Using a simple car repair analogy and real classroom examples, you'll learn why understanding the function of behavior is the key to creating effective behavior support.
Keagan McClellan (Keags) co-founded Start9 Labs, worked on Sapio with Jeremy Rubin at Judica during the CTV saga, spent time at Lightning Labs maintaining LND, and is now building BTC Verified, a formal specification and verification project for Bitcoin's consensus rules written in Lean 4. He is also a self-described member of Bitcoin's "progressive wing" who nonetheless defends the rising bar for consensus changes, a pluralist who spends all his working hours on Bitcoin, and a security thinker who refused to dunk on Coldcard even while sitting across from someone who very much wanted him to. Time stamps: 00:00 – Intro and sound check 00:27 – Introducing Keagan "Keags" McClelland 01:14 – Bitcoin origin story: darknet markets and a CS degree in 2015 03:42 – Procrastinating at Amazon by reading ICO white papers 05:11 – Leaving Amazon for Salt Lending 06:24 – How Start9 Labs was founded 07:52 – Leaving Start9 for Jeremy Rubin's Judica (Sapio) 09:47 – What CTV (formerly OP_SECURE_THE_BAG) enables 12:35 – Mastercoin's original pitch, Rare Pepes, and play before serious use 15:44 – The Lindy effect and institutional inertia 18:20 – Sponsors + giveaway rules 22:24 – The road to Lightning Labs and LND 23:55 – Lightning as a complexity class change 25:28 – Data locality, privacy, and incentives in payment channels 27:33 – The 133 MB block problem 30:20 – Scaling takes decades: internet lessons 31:24 – Centralization, Moore's law, and what scaled the web 34:58 – Zcash's Near Intents as outsourced Bitcoin privacy 37:05 – Pluralism and the freedom to transact 39:05 – The gravitational well of money 41:36 – When does a shitcoin stop being a shitcoin? 45:43 – Every soft fork since Satoshi 47:36 – The consensus wall: CTV and BIP300 51:56 – BIP 110 case study: incoherent goals, broken design 56:05 – Why information theory defeats spam filters 58:56 – Node mythology and economic weight 1:05:17 – Miners can activate invisible soft forks 1:07:18 – Luke's soft fork definition and herd immunity 1:10:45 – Chat drama and "how much Bitcoin do you own?" 1:14:15 – RBF, Bitrefill, and policy vs consensus 1:17:21 – Can fees alone secure Bitcoin? The 50% hash rate threshold 1:24:56 – Giveaway reveal: the number is 37 1:26:55 – The Coldcard exploit 1:34:10 – The AI exploit era: "cannot be affected" vs "have not been" 1:39:13 – Why the conspiracy theories teach the wrong lesson 1:42:51 – Against security through obscurity 1:47:27 – Onboarding friction and the paranoia continuum 1:55:42 – Vaults explained, and building them without CTV 2:00:42 – Pre-signed transactions, toxic waste, and Liana 2:05:45 – Would covenants have saved Coldcard users? (No) 2:16:53 – Magic wand: why Simplicity beats CTV and GSR 2:20:33 – Witness size, block size, and what BCH got right 2:24:50 – Why Bitcoin should copy homework 2:29:49 – The two hard forks: BIP 110 vs Ecash 2:33:16 – BTC Verified: formal verification of Bitcoin consensus 2:37:10 – TABConf plans 2:39:23 – Outro and sponsor thanks
Jeff Booth argues that Bitcoin represents a fundamentally different monetary system built around scarcity, decentralization, and a free market driven by deflation. He explains why AI-driven productivity could accelerate the breakdown of the current debt-based system, why Bitcoin's recent controversies around BIP-110, mining, and self-custody are part of its evolution, and why he believes institutional adoption is inevitable. The conversation also explores Bitcoin treasury companies, leverage, and Booth's vision for building businesses that generate cash flow and steadily move capital into Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices
量子计算距离真正威胁比特币究竟还有多远?我们应该怎么办?Google Quantum AI团队今年发布的白皮书把这些问题推到了聚光灯下,成为密码学界和加密货币社区持续讨论的话题。本期播客邀请了两位密码学知识的长期普及者和比特币社区的深耕者,从CRQC(足以破解现实密码学的量子计算机)、Shor算法、长程攻击和短程攻击讲起,一路讨论到Q-Day来临之前的后量子密码学进展、220万枚比特币与一场无法回避的治理战争,以及比特币社区中冻结派、迁移派和捍卫比特币原生价值观的密码朋克之间的冲突,通过这些话题,一一讲解关于比特币和其他加密货币面临的量子威胁,我们需要了解的事。 这是一期关于该话题系统且全面的知识普及节目,值得收藏。当然,会有大量信息超出一般听众的知识储备,两位嘉宾还为对话中提及的信息点提供了详尽的参考链接,也专门推荐了延申阅读资料,在shownotes中逐一列出。 【主播】 刘锋,BODL Ventures合伙人,前链闻总编辑 【嘉宾】 胡智威,YZi Labs投资总监,Bitcoiner Kurt Pan,密码学研究者,ZKPunk 【相关概念和名词解释】 E69|比特币的软肋 硅谷101关于量子计算机相关知识的介绍视频 提前了解这些技术词汇有助于理解本期内容: 量子比特(qubit),量子计算机的基本单元。与只能是0或1的经典比特不同,它可以处在两者的“叠加”状态。 物理比特 vs 逻辑比特,量子比特极易出错,需要用一大堆“物理比特”通过纠错拼出一个稳定可用的“逻辑比特”。 Shor算法,1994年提出的量子算法,能高效破解RSA和椭圆曲线密码。比特币量子威胁的全部来源。 Grover算法,另一个量子算法,对“大海捞针”式的搜索只能提供平方级加速(一百万种可能从试一百万次降到约一千次)。它对哈希函数(挖矿、地址)有效但威胁有限。 CRQC(密码学相关量子计算机),特指强大到足以破解现实密码学的那一类量子计算机。 长程攻击 vs 短程攻击,长程指攻击者慢慢破解链上已暴露的公钥;短程指在交易广播后、确认前的约十分钟窗口内抢先破解 MASF / UASF,软分叉的两种激活方式:MASF由矿工发信号达到阈值触发(常规做法);UASF由运行节点的用户在指定日期强制执行、不看矿工态度 NIST,全称是美国国家标准与技术研究院(National Institute of Standards and Technology),直属美国商务部,推动着抗量子领域的标准化工作。 【你将听到】 02:07 引子:谷歌的一篇白皮书让量子计算对加密货币的威胁再被放在聚光灯下 03:04 谷歌量子白皮书讲了啥? 05:02 关键时间点:谷歌将内部密码系统的量子就绪时间表从2032年提前到了2029年 10:54 负责任的披露:谷歌白皮书未公开量子电路,而发布了其零知识证明,既证明技术,又避免攻击面扩大 11:56 悬在头顶的利剑:基于超导的量子计算机可能在9分钟内破解椭圆曲线加密,短于比特币10分钟的平均出块时间 13:25 长程攻击 vs 短程攻击 16:35 真正的威胁:Shor算法对公钥密码学的降维打击 23:11 技术上的解决方案:后量子密码学(PQC)和后量子迁移 27:10 Web2公司和不少Web3项目已经行动 28:48 比特币的迁移困境,非技术性问题 31:35 “后量子密码学选型是带有倾向性的选择,带着审美上的偏好,或者说政治上的理解” 36:10 社区博弈:量子威胁是狼来了,还是近在咫尺? 43:22 BIP-361背后:比特币社区内的激进派、拯救派、温和派、自愿派 51:49 “冻结中本聪的币”背后是比特币的宪法危机 57:24 BAT和金融公司声音最大,密码朋克却没有声音 58:13 关于量子计算的威胁,给普通持币者的可执行建议 【讨论中提及的话题】 谷歌Google Quantum AI团队发布白皮书《确保椭圆曲线加密货币抵御量子攻击:资源估算与防护措施》(2026-03-30,Google Quantum AI + 以太坊基金会 + 斯坦福,共9位作者) Google官方博客:为什么以及如何做负责任披露 Google官方博客:量子前沿的威胁可能比看上去来得更快 BIP-360:Pay-to-Merkle-Root(P2MR) BIP-361:向后量子密码的迁移及传统签名的废止 Bitcoin Optech「抗量子」专题页 量子比特币峰会:冷静面对(社区共识现状的综述) 比特币的量子攻击风险敞口 以太坊的后量子相关工作 Impagliazzo's Five Worlds Shor's algorithm is possible with as few as 10,000 reconfigurable atomic qubits NIST PQC The Road Ahead A Survey of Attacks on Supersingular Isogeny with Torsion Problem and Its Variants Cloudflare关于后量子密码学的规划的进展 Signal协议通过引入后量子棘轮机制 苹果的iMessage推出后量子加密协议PQ 【更多延申阅读】 Quantum computing Strong Church Turing thesis BQP vs QMA Shor's algorithm Hidden subgroup problem NP-completeness Lecture 19: Quantum computing and cryptography I 反对允许对比特币进行量子恢复 量子攻击博弈论 量子金丝雀鸣唱则为时已晚 我从谷歌与Oratomic的量子资源估计论文中得出的结论 如何不冻结解决中本聪币问题 【嘉宾Kurt Pan的个人网站】 微信公众号“XPTY”,主要聚焦于零知识证明(ZKP)、密码学以及前沿隐私技术的最新研究与学习分享。 kurtpan.com zkpunk.pro 《一苇渡江》播客 【后期】 AMEI 【运营】 朱婕 【BGM】 Mumbai - Ooyy 【在这里找到我们】 收听渠道:苹果|小宇宙 海外用户:Apple Podcast|Spotify|Google Podcast|Amazon Music 联系我们:podcast@sv101.netSpecial Guests: Kurt Pan and 胡智威.
n August 2026, eCash (ECX) comes out in its alpha phase: leading up to a final complete rollout on October 31st 2026, Bitcoin's 18th birthday. To better explain how this process will take place and why every bitcoiner should try BIP300 this Halloween, Paul Sztorc joins the show for a record-breaking 11th time! Time stamps: 00:01:17 – Welcome: Paul Sztorc for the 11th time, a new record 00:01:42 – Four months since the hard fork announcement 00:02:00 – The three phase rollout: alpha, beta, October 31st mainnet 00:02:25 – Why the launch was delayed: summer, Coldcard hack, BIP 110 00:03:04 – Practice runs: 1,000 test coins convert to 10 real eCash 00:03:55 – Alpha & beta as successors to the drivechain testnet 00:04:25 – How to claim: your Bitcoin private key & splitting transactions 00:04:42 – The fast facts GitHub repo & replay protection 00:05:07 – Why most people should not type in their main keys 00:05:27 – Mining or buying: the other ways to get eCash 00:06:04 – Mining the alpha with SHA-256D hardware 00:06:35 – The 1000:10 conversion threshold explained 00:06:51 – Why old hardware (S9s, Bitaxes) can be profitable again 00:07:17 – The launch difficulty debate: from "difficulty 1" to real data 00:08:14 – Alpha & beta as a glimpse of future price and hash rate 00:09:34 – The other fork's struggles vs planning ahead 00:10:03 – Call to action: withdraw from exchanges, accumulate BTC 00:10:24 – The network only recognizes one owner of the coin 00:10:46 – Self custody advice in a tough summer 00:11:24 – eCash vs BIP 110: honest hard fork vs 100% hash rate claims 00:12:13 – Name picking, PoW changes & the train wreck 00:13:00 – From 5 to 7 to 12 drivechains 00:13:30 – The giveaway announcement & the sponsors 00:16:07 – Thunder: scaling to 8 billion people 00:16:32 – zSide: Zcash Orchard privacy on a drivechain 00:16:48 – BitNames, BitAssets, prediction markets, CoinShift 00:17:17 – Two EVM flavors, an OP_CAT chain & a post-EVM science project 00:18:12 – Elements Plus: Blockstream's own tech, completed by the community 00:19:26 – "How many Lightning implementations at launch?" "Hopefully zero" 00:20:11 – Lightning is a dead project, the evidence is overwhelming 00:20:45 – The giveaway: Paul picks 10, the chat said 77 00:21:17 – Recap: three stages, more drivechains, October 31st 00:22:03 – Try the tech: maximizing what Bitcoin can do 00:22:53 – Rohit wins the prize & the shortest Sztorc interview ever 00:23:59 – The autumn of forks: BIP 110 delays, eCash extends to Halloween 00:24:23 – Bitcoin's 18th birthday on the metzdowd mailing list 00:24:49 – Why drivechains: all fees go to proof of work miners 00:25:38 – Hoping a Bitcoin competitor pushes Bitcoin forward 00:28:02 – Twelve drivechains you can test today
Mentor Sessions Ep. 087: Simon Dixon breaks down the Coldcard hack, BIP-110 chain split fallout, node vs miner power, and Bitcoin self-custody security in 2026.PART 1: Simon Dixon & Doomberg - https://youtu.be/Q0P0X7j_kcA Over $100 million in Bitcoin vanished in the Coldcard entropy bug — and days later a chain split ended with the nodes defeated and Bitcoin more centralized than before. Simon Dixon joins Nathan to trace what really happened.This is the deep-dive follow-up to the Doomberg conversation. You'll learn why Simon now treats every incident as an attack "guilty until proven innocent," how the BIP-110 resistance became the most successful node mobilization since the block size war yet still failed to move the mining pools, and why he refuses to die on a hill that ends in an altcoin. You'll see how the Coldcard low-entropy vulnerability, Zeus, Boltz and BTCPay attacks fit one pattern, and hear a clear framework for rebuilding your self-custody with dice-rolled entropy, multisig, and active participation. Simon and Nathan also unpack developer centralization, the loss of Knots as a competing implementation, and why sovereignty is proof of work you can't outsource.⏱️ Timestamps:0:00 - Intro0:24 - Resuming After Doomberg Discussion0:55 - Infrastructure Attacks on Coldcard and Others1:32 - BIP-110 and Resulting Chain Split1:50 - UASF and Block Size War History2:50 - Tether Fees and Scaling Debates4:02 - Barry Silbert and SegWit2x Deal4:51 - Nodes Defeating Miners in Past Wars6:02 - Role Reversal With Core Changes7:35 - Running Knots to Support Resistance8:20 - Developer Centralization Concerns Rise10:14 - BIP-110 Failure and Altcoin Stance11:39 - Knots Node Adoption Surge to 20%12:08 - Infiltration Risks and Verification12:54 - Can Node Minority Influence Miners14:19 - Consensus Changes Remain Extremely Difficult17:16 - More Centralized Yet Wiser After Events18:13 - Social Fallout Losing Ocean and Knots22:15 - Check Ego and Welcome Others Back25:21 - Stay Suspicious While Shaking Hands27:34 - Abundant Mines Mining Hosting28:29 - Coldcard Low Entropy Bug Details30:16 - Hack Impact on Bitcoin Purists31:36 - Difficulty Spending Stolen Bitcoin32:37 - Fed Recruitment via Stolen Coins33:23 - Learn Entropy and Generate Secure Keys36:03 - Assume Attack and Identify Beneficiaries37:44 - Self Custody Sovereignty Comes at Cost39:55 - Bitcoin Requires Active Participation43:37 - Coordinated Message in All Attacks45:14 - Final Advice Skepticism and Focus
Bram Kanstein is a creative entrepreneur and the host of Bitcoin for Millennials, exploring Bitcoin not as a trade, but as essential savings technology and a rational opt-out from a failing fiat money system.› https://x.com/bramkPARTNERS
A bi-weekly news show informing you on the latest in Bitcoin, privacy and open source tech hosted by Ungovernables, Max and Q. THIS IS THE TWEET Q WANTS YOU TO SEE: https://x.com/justh0dl/status/2086202393998291138AOBWhat a fucking weekKeyOS v1.3.1 now publicly availableSomething exciting to share on Friday's FTF (delayed by 2 weeks)NEWSThe Coldcard entropy catastropheSources: Coinkite technical backgrounder / The Rage, L0la L33tz / TRM Labs / coldcard.rip / cktripwire.com / Bitcoin Magazine victim surveyEXPLAINERThe largest self-custody theft on record, and it traces back to a single wrong conditional. In March 2021 a build guard checked whether Coldcard's hardware random number generator was defined rather than whether it was enabled, so seed generation silently fell back to a deterministic software PRNG. Every seed made on an affected device from that point carried roughly 40 bits of entropy on Mk2 and Mk3, and about 72 on Mk4, Mk5 and Q, instead of the intended 128. That is guessable. Someone did the maths offline, derived the addresses, checked them against the public chain, and swept everything with a balance. Somewhere between 1,400 and 1,800 bitcoin gone, depending on whose forensics you trust, with a median victim loss of one BTC. The part people keep missing: updating the firmware does not fix an existing seed. A weak seed is weak forever.ACTION FOR LISTENERSMove funds to a brand new seed BEFORE upgrading firmware (Lopp's guidance, on reports of update problems).Use high fees. If you see your own coins in the mempool, the attacker opted into RBF and you can outbid them. Window is minutes.Multisig users: consider a private mempool like Marathon's Slipstream.Keep the device; the UID may prove ownership in any recovery process.Updating does NOT fix an existing seed. A weak seed is weak forever.You are exempt only if you added 50+ fair independent private dice rolls, or used a strong unique BIP39 passphrase stored separately.BTCPay Server: unauthenticated LND macaroon theft, actively exploitedSources: BTCPay security advisory / v2.4.2 release / CoinDesk / TFTCCRITICAL FRAMING NOTE: this is ONE story, not two. The "BTCPay bug" and the "LND credential exploit" are the same event. The vulnerability is the macaroon leak. The Aug 8-9 wave of coverage is follow-up hardening, not a new incident. Do not present them separately.REMEDIATION (updating alone is NOT enough)Update to v2.4.2. Verify "2.4.2" in the footer.Update NBXplorer to 2.6.10+.Revoke and regenerate LND macaroons. Updating stops new theft but does nothing about already-stolen credentials. Deleting files is insufficient; the macaroon root signing key must be destroyed at node level. v2.4.2 does this automatically for standard Docker deployments. Custom reverse proxies, separate Tor services or port forwarding must rotate manually.Move funds out of any BTCPay-generated on-chain hot wallet and recreate it.Update LND to 0.21.1. Audit for unrecognised channel closures, unknown peers, unexplained balance changes.SIDE EFFECT WORTH FLAGGING: v2.4.2 removes public LND API access on Docker deployments, which breaks remote wallet connections such as Zeus connecting to your own BTCPay node. Intentional, no restoration timeline published.BREAKING CHANGE: Greenfield Basic authentication disabled by default five minutes after account creation (#7492). BTCPay: "We are not aware of any user impacted by this breaking change, as API Keys authentication is generally used."Boltz suspends all swaps indefinitelySources: Boltz statement / canary.boltz.exchange / The Defiant / TFTC / Bull Bitcoin statementCORRECTION TO THE COMMON FRAMING: Boltz has not shut down. It suspended swap services indefinitely. And the canary sequence runs the opposite way to the rumour: lapsed → suspended → renewed clean.The Bitcoin Red TeamSources: Calle and Rob Hamilton on Nostr/X / Bitcoin Magazine / CoinDesk / TFTC / OpenSats Red Team FundSUMMARYThis is the story that explains the other four. After the Coldcard exploit, Calle and Rob Hamilton pointed frontier AI models at the open-source Bitcoin stack and started auditing everything. In 108 hours, 25 developers scanned 501 projects and produced 7,958 findings, 1,280 of them rated high or critical, at a compute cost north of 58,000 dollars. They found the BTCPay bug's neighbours, and Boltz cited exactly this dynamic when it switched itself off. The uncomfortable symmetry is that the same capability doing the defending is what an attacker almost certainly used on Coldcard in the first place. And the bottleneck turns out not to be finding bugs, it is telling anyone: only 19.5% of the projects they scanned even have a SECURITY.md file, and only 13.1% list a security contact. The scanners move at machine speed. Responsible disclosure is still hunting around for an email address.BIP-110: the fork that mined two blocks and frozeSources: bip110monitor.com / Peter Todd code review / Aaron van Wirdum, Bitcoin Magazine / Lopp's Layman's Guide / Saylor essay / CoinDeskRELEASESBitcoin core / protocollibsecp256k1 v0.8.0 - 2026-08-03Adds a native Silent Payments (BIP-352) module directly into the crypto library nearly every self-custody wallet builds on, plus up to ~11% faster signature verification. Quietly the most consequential positive release of the fortnight: it lowers the bar for every wallet to ship reusable static receive addresses.Bitcoin Knots v29.4 - 2026-08-08Non-urgent maintenance: fixes a chainstate DB bug causing repeated large rewrites, and adds corruption-detection safeguards around BIP-110 mandatory signaling. No critical fixes. (No Bitcoin Core release in window; latest is v31.1 from 2026-07-08.)Hardware / signingColdcard Firmware 4.2.0 (Mk2/Mk3) - 2026-08-03The patch for the entropy catastrophe. Affected ranges: Mk2/Mk3 4.0.1 through 4.1.9; Mk4/Mk5 all before 5.6.0; Q all before 1.5.0Q. Companion fixes shipped the same day: 5.6.0 Mk4/Mk5, 1.5.0Q, 6.6.0X Edge, 6.6.0QX Edge Q. Updating does NOT fix an existing seed - changelog says Mk3 users "must regenerate any seeds made on earlier versions as their entropy is critically low at just ~40 bits." TAPSIGNER, OPENDIME and SATSCARD unaffected.Krux 26.08.0 - 2026-08-04Maintainer odudex is stepping down and the project may be archived. "Krux was not created by me: Jeff started it and passed it on to me, and now it is my turn to pass the torch." On succession: "Krux may be carried on by another maintainer, if a proof-of-work backed Krux contributor accepts the role. Otherwise the Krux project will be put in sunset mode and gracefully archived in a few months." Cause is hardware, not drama: "K210 chips are no longer produced, and Canaan dropped the Kendryte line entirely." Substantial release regardless: fixes a heap buffer overflow in the camera entropy module, adds stricter PSBT fee-calculation checks, replaces the Python UR stack with a faster C module, and makes Krux Installer fully offline.Frostsnap v0.3.0 - 2026-08-05FROST threshold-signing device ships reproducible/deterministic builds and "a fresh release signing key as part of an overhauled release-signing pipeline." Well timed in a fortnight where "can you verify what is running on your signer" is the whole conversation. Catch: the new key breaks in-place Android updates, so direct-APK users must uninstall, reinstall, and re-visit their threshold devices to restore.Trezor Suite v26.7.4 - 2026-08-04Lowers minimum Normal-priority fee rate to 0.2 sat/vB and ships updated Safe 7/5/3 and Model T firmware with security improvements.BitBoxApp 4.51.4 - 2026-08-07Bundles new BitBox02 firmware v9.26.5.Specter Desktop v2.1.11 - 2026-08-09Genuinely security-relevant: adds auth and CSRF protection to the HWI bridge settings, restores validation of active API tokens so revoked JWTs are rejected, and warns that Specter's auth layer does not encrypt the data folder. Also ships an in-app Coldcard Mk3 seed-entropy advisory.Bitkey source/2026-08-02-0031 - 2026-08-02Block's consumer hardware wallet, routine source drop.LightningBTCPay Server v2.4.2 - 2026-08-07Actively exploited, funds already stolen. "This release contains fix of a critical vulnerability that is being actively exploited. You need to update as fast as you can." Unauthenticated remote .macaroon disclosure for LND, plus a TOTP 2FA bypass via Greenfield Basic auth. Requires NBXplorer 2.6.10. Breaking change: Basic auth disabled by default five minutes after account creation. See News item 2 for full remediation.lnd v0.21.2-beta.rc1 and v0.20.3-beta.rc1 - 2026-08-08Not security releases and not related to the BTCPay exploit. Migration/stability fixes only: KV-to-SQL payment migration edge case, channeldb migration recovery, invoice handling, data races, bounded memory on graph sync.Zeus v13.1.3 - 2026-07-27Adds LND v0.21.1-beta support for embedded and remote nodes; patches known vulnerabilities in the ws, js-yaml and markdown-it dependencies. (Note: Zeus also shipped an unreleased swap-security sprint on 08-04 - verify…
Today we go with an old school style just Jack variety show. We will lead off with a gun topic which is always fun. The folks at Kel-Tec released the Nub SUB-SDP this year, is it worth owning and why might nub have more than one meaning here. Trump changed the vaccine schedule, why it is good news and why all criticism is baseless. In the same lane we now know Fauci new miscarriages were a risk for pregnant women who got the CoVid vaccine. Then onto some Bitcoin news, BIP-110 died as soon as it activated, just as I … Continue reading →
More than 1,700 bitcoins have been drained from Coldcard wallets belonging to people who did everything right when it comes to self-custody. Alex Thorn, Head of Firmwide Research at Galaxy Digital, has been tracing those coins on-chain since the second day of the attack, working directly with victims. He joins me with the fullest accounting of the hack that exists anywhere: how much was actually taken, where that Bitcoin is sitting right now, and what the people who took it have and haven't done with it since. In this episode: Where the stolen Bitcoin is sitting right now and how many waves of attacks there have been What Alex expects the hackers who took it to do next How could this seed generation flaw stay hidden for five years? The volunteer "Red Team" effort that formed overnight, and what it's turned up so far The one thing every victim should do today, whether or not they ever see their coins again His read on the failed BIP 110 fork, and what he'd say to the people who backed it Follow Alex Thorn on X https://x.com/intangiblecoins - his DMs are open to help victims ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- Borrow against your Bitcoin without selling it. Ledn offers Bitcoin-backed loans built for serious holders, with rates that get lower as your loan size increases. With Ledn's custodied loan product, your Bitcoin is held in custody and not lent out. Ledn has operated through multiple market cycles without a loss of client assets and publishes Proof of Reserves so you can verify what they hold. Get 0.25% off your first loan at ledn.io/natalie. Terms apply — see the site for details. ---- Bitdeer Technologies Group (NASDAQ: BTDR) powers AI and Bitcoin mining infrastructure with 3 GW of secured global energy — and owns the entire stack, from equipment manufacturing to data centers to proprietary orchestration software. Learn more at https://www.bitdeer.com. ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Speed is my go-to Bitcoin Lightning wallet! Send, receive, or swap stablecoins and digital gold into Bitcoin in one app. Run a business? Speed powers Bitcoin payments for Steak 'n Shake, and it can do the same for you. Download at https://speed.app/natalie and use code COINSTORIES10 for 5,000 free sats after your first transaction. Download Bitkey Today and use my promo code STORIES to get 10% off the new Bitkey. This episode has been sponsored by Bitkey: https://bitkey.world/STORIES Master Bitcoin self-custody and gain peace of mind with 1-on-1 training: https://www.thebitcoinway.com/natalie?utm_source=partner-natalie&utm_medium=podcast With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie Natalie's Upcoming Events: The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL Extra Services to Consider: One of the best decisions I made for both my heath and my bank account was joining CrowdHealth years ago. I never spend more than $200 on health coverage through my CrowdHealth plan and all my health events have been crowd-funded. Get started with a discounted plan at my link. : www.joincrowdhealth.com/natalie ---- Disclaimer: The News Block and Coin Stories are for educational and entertainment purposes only and do not constitute financial, investment, legal, or tax advice. Nothing discussed in this episode is a recommendation to buy, sell, or hold Bitcoin or any other asset. Natalie Brunell is not a financial advisor. Some content may include sponsorships or paid partnerships, which are disclosed. Always do your own research and consult a licensed professional before making financial decisions. Bitcoin and digital assets are volatile — never invest more than you can afford to lose.
Connect with Early Riders — https://www.earlyriders.com/contactConnect with Onramp — https://onrampbitcoin.com/contact-us/Presented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.The CLARITY Act has slipped to a September 15 Senate vote, and Bitcoin did not move. This week Michael, Liam, and Brian make the case that stalled legislation on top of the Coldcard fallout, BIP-110 infighting, and Saylor selling, with the price still holding, is what a bottom looks like rather than a top. They run through a brutal week for Bitcoin infrastructure: BTCPay Server, Zeus, and Boltz all disclosing vulnerabilities or going dark, with Boltz warning that attackers now iterate faster than a team its size can patch. On the AI side they cover Kimi K3 escaping an isolated sandbox, Sam Altman's comments on Astra and who gets frontier access, an agent that cancelled a stranger's gym reservation to move its owner up the waitlist, and Cloudflare Wallets arriving as agent requests climb 1,700% and cross half of all network traffic. They close on the deals: Yellow Card's $40M round, Sapium's $35M Series A for the agent routing layer, Coinbase losing BVNK to Mastercard despite bidding $700M more, Airtable selling for $1.29B after an $11.7B peak, and what Block's Buzz did during the Coldcard incident.Chapters00:00 - Coldcard update: thefts slow, 2,000 BTC still gone01:00 - BTCPay Server, Zeus, and Boltz all disclose vulnerabilities02:51 - Why open source Bitcoin code became the target04:11 - Boltz: attackers now iterate faster than we can patch05:22 - Liam: Bitcoin itself is not the vulnerability06:40 - Good actors handicapped when US frontier models refuse10:04 - Sam Altman on Astra and keeping powerful models from the few11:12 - Only 2% of US households pay for AI13:34 - Kimi K3 escapes its isolated sandbox14:34 - Why non-deterministic models cannot be reliably contained19:35 - An agent cancels a stranger's gym reservation20:58 - Cloudflare Wallets and the programmable agentic internet23:45 - Agent traffic passes human traffic26:42 - ARK on Cloudflare's earnings: agent requests up 1,700%31:07 - Privy's CRM breach and the limits of mobile wallets32:13 - The CLARITY Act slips to September 1533:45 - Why stalled legislation plus a flat price looks like a bottom35:56 - Yellow Card raises $40M for African stablecoin rails37:40 - Sapium raises $35M for the AI agent routing layer40:14 - Coinbase bid $2.5B for BVNK and lost to Mastercard at $1.8B42:17 - Airtable sells for $1.29B after an $11.7B peak45:32 - The Architecture Problem and where custody goes next47:48 - Why every firm ends up at multi-institution custody49:22 - Buzz, Goose, and how Block moved in hours on Coldcard54:45 - GPU hours as crude oil: an open source AI analogy55:34 - Sergey Brin returns to Gemini, Meta ships Muse CodeIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/researchKeep up with Michael:https://x.com/MTangumaKeep up with Liam:https://x.com/Lnelson_21Keep up with Brian:https://x.com/BackslashBTC
The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
It's been an absolute whirlwind in the Bitcoin ecosystem, and the Canadian Bitcoiners are here to make sense of the noise.On this episode, we unpack the widening fallout from the Coldcard vulnerability, dive deep into the contentious BIP-110 proposal and the looming threat of a chain split, and break down why infrastructure providers like Boltz and Zeus had to take services offline following a wave of AI-assisted attacks. Plus, BTCPay Server urges users to upgrade, corporate treasuries like MSTR and MARA make moves on their Bitcoin stacks, and we share our thoughts on what all of this means for the future of self-custody and network security. Grab a drink, tune in, and let's get into it!#Bitcoin #BIP110 #Coldcard #CryptoNews #LightningNetwork #SelfCustody #CanadianBitcoiners————————————————————————————————SPONSORS
Bitcoin's BIP-110 soft fork briefly split the chain—but the failed Bitcoin fork may have proven the opposite of corporate capture: nobody, from Michael Saylor and BlackRock to miners and node operators, can unilaterally change Bitcoin's rules. Meanwhile, the Bank of Japan and U.S. Treasury spent an estimated $87 billion defending the yen as Jamie Dimon exposed what truly supports the dollar's reserve-currency status. This episode connects Bitcoin consensus, mining centralization, self-custody, hashrate, fiscal dominance, inflation, capital flows, and the accelerating search for neutral digital money.SPONSORS
Bitcoin holds above $65K as investors return to ETFs ahead of a major week of inflation data. We cover the strongest Bitcoin ETF inflows since April, the collapse of BIP-110's miner support, and why gold continues to outperform as major banks raise their price targets. We also look at Berkshire Hathaway putting billions back into stocks, and what the latest Iran and Strait of Hormuz developments mean for markets. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we dug into a rough stretch for Bitcoin infrastructure and security, starting with the Coldcard entropy exploit, the messy hotfix fallout, and related concerns around BTC Pay Server and Lightning vulnerabilities. From there, we explored how AI-assisted security research is rapidly changing the landscape: open-weight frontier models and tools like Ghidra and Wireshark are making it dramatically easier to inspect code, reverse engineer binaries, and uncover weaknesses in both open and closed-source Bitcoin software. We talked through the tradeoffs between closed proprietary AI providers and more permissive open-weight models, the hardware and cost constraints of running these systems, and why this new era of AI-driven auditing is likely to expose a lot of long-hidden assumptions across the Bitcoin stack.We also spent a lot of time on Bitcoin mining: how AI-based reverse engineering is being applied to proprietary mining firmware, what that could reveal about dev fees, remote controls, and operational risk, and why open-source mining infrastructure matters more than ever. We covered the BIP 110/Ocean controversy, miner and node power dynamics, and the urgent need for better decentralized pooling options and more home miners running their own nodes. We wrapped with updates from the 256 Foundation ecosystem, including progress on Bitaxe Proto and Bonanza support, Magina ports, ideas for cheaper home mining nodes, and upcoming hands-on workshops and events for builders who want to get deeper into mining and open-source infrastructure.
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance: Bitcoin's Red Team audits 390 projects in record time, and what they found will surprise you Rob Hamilton says OpenAI blocked the Red Team's defensive work, so where is he turning instead? BIP-110's activation deadline arrived. Here's how it played out. The CLARITY Act missed its August window. What happens now? Putin signs Russia's first crypto law, and it reveals who the law is really for Why Bessent's yen rescue was never really about Japan ---- Borrow against your Bitcoin without selling it. Ledn offers Bitcoin-backed loans built for serious holders, with rates that get lower as your loan size increases. With Ledn's custodied loan product, your Bitcoin is held in custody and not lent out. Ledn has operated through multiple market cycles without a loss of client assets and publishes Proof of Reserves so you can verify what they hold. Get 0.25% off your first loan at ledn.io/natalie. Terms apply — see the site for details. ---- Order my approachable introduction to Bitcoin book "Bitcoin is for Everyone: https://www.amazon.com/dp/1804091138?linkCode=ssc&tag=onamzameri07b-20&creativeASIN=1804091138&asc_item-id=amzn1.ideas.3Q6CKLCXBKGSV&ref_=aip_sf_list_spv_ons_mixed_d_asin Limited signed copies are available for purchase at shop.talkingbitcoin.com powered by Speed Wallet. ---- Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com ---- Disclaimer: The News Block and Coin Stories are for educational and entertainment purposes only and do not constitute financial, investment, legal, or tax advice. Nothing discussed in this episode is a recommendation to buy, sell, or hold Bitcoin or any other asset. Natalie Brunell is not a financial advisor. Some content may include sponsorships or paid partnerships, which are disclosed. Always do your own research and consult a licensed professional before making financial decisions. Bitcoin and digital assets are volatile — never invest more than you can afford to lose.
Protect your purchasing power with silver. Learn more: https://bit.ly/Shop4SilverWhat happens if Bitcoin miners refuse to signal for BIP-110? A potential chain split, slower blocks, and a Proof-of-Work change could create two competing chains fighting for hashrate, miners, and the Bitcoin name. This video breaks down the BIP-110 hard-fork scenario and why some believe one chain could ultimately win.
BIP 110 has divided the Bitcoin community more than anything I've covered in years, and a lot of the argument has played out as people shouting past each other online. Matt Kratter of Bitcoin University, one of the proposal's most vocal supporters, joins me to break down Bitcoin's civil war. Matt makes his case, I push back where I have questions, and we talk about why this debate has gotten as heated as it has. In this episode: What BIP 110 would actually do, and why supporters say it would stop spam on the Bitcoin network What a chain split would look like, and Matt's honest answer on whether he expects one The arguments against BIP 110, including whether the data simply moves elsewhere Why the debate turned so personal, and what Matt says to people it's driven away ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- This episode is brought to you by our title sponsor, Ledn. Ledn has operated through multiple market cycles without a loss of client assets, and publishes Proof of Reserves so you can verify what they hold. Ledn is the home of Bitcoin-backed loans for serious holders. Rates scale with loan size — the larger the loan, the lower the rate — and with their custodied loan product, your Bitcoin is held in custody and not lent out. Get 0.25% off your first loan at ledn.io/natalie. Terms apply — see the site for details: https://www.Ledn.io/natalie ---- Bitdeer Technologies Group (NASDAQ: BTDR) powers AI and Bitcoin mining infrastructure with 3 GW of secured global energy — and owns the entire stack, from equipment manufacturing to data centers to proprietary orchestration software. Learn more at https://www.bitdeer.com. ---- Abundant Mines is a fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting: AbundantMines.com/Natalie ---- Natalie's Bitcoin Product Partners: Speed is my go-to Bitcoin Lightning wallet! Send, receive, or swap stablecoins and digital gold into Bitcoin in one app. Run a business? Speed powers Bitcoin payments for Steak 'n Shake, and it can do the same for you. Download at https://speed.app/natalie and use code COINSTORIES10 for 5,000 free sats after your first transaction. Download Bitkey Today and use my promo code STORIES to get 10% off the new Bitkey. This episode has been sponsored by Bitkey: https://bitkey.world/STORIES Master Bitcoin self-custody and gain peace of mind with 1-on-1 training: https://www.thebitcoinway.com/natalie?utm_source=partner-natalie&utm_medium=podcast With BitcoinIRA, you can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA: https://www.bitcoinira.com/natalie Natalie's Upcoming Events: The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL Extra Services to Consider: One of the best decisions I made for both my heath and my bank account was joining CrowdHealth years ago. I never spend more than $200 on health coverage through my CrowdHealth plan and all my health events have been crowd-funded. Get started with a discounted plan at my link: www.joincrowdhealth.com/natalie ---- This podcast is for educational purposes and should not be construed as official investment advice. Ads in this episode are baked-in and may reference promotions or offers that are no longer available at the time of listening.
Bitcoin is still stuck in its long sideways range, but the buyers underneath the market are getting harder to ignore. Matt covers roughly $1.2 billion in Bitcoin whale accumulation and about $750 million in U.S. spot ETF inflows this week, while also looking at continued pressure on Bitcoin miners and another delay to the CLARITY Act until at least September. The episode also covers Coinbase losing another prediction-market court fight, Coldcard losses climbing above $116 million across more than 5,200 wallets, BIP-110 continuing to struggle for miner support, and XRP weakening as regulatory clarity gets pushed further out. Bitcoin is back near $65,000 and the Fear & Greed Index has moved to neutral, but Matt remains cautious about calling a true breakout. Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Samson Mow joins Walker to break down the escalating controversy surrounding BIP 110, Bitcoin Core, OP_RETURN, spam filtering, and the difference between node relay policy and Bitcoin's consensus rules. Samson explains why he believes BIP 110 attempts to force a rushed and contentious soft fork onto the network, lowers the threshold for future consensus changes, and could produce a short-lived minority chain with insufficient hash rate to survive. Samson also compares the emotional arguments behind BIP 110 with those used during the Blocksize War, arguing that a desirable objective does not justify a dangerous technical solution. He discusses Bitcoin's economic majority, miner signaling, the limits of node counts, the risks facing Lightning users and other network participants during a chain split, and why Bitcoin consensus must emerge slowly rather than being imposed through arbitrary deadlines. Beyond BIP 110, Samson shares his bullish outlook for Bitcoin, explains why belief in the four-year cycle may have created a self-fulfilling selloff, and argues that exhausted sellers could set the stage for God candles and Omega candles. He also discusses the inevitability of large-scale fiat money printing, the upcoming rebuild of Aqua Wallet, and JAN3's new nation-state Bitcoin adoption report and B20 country rankings. JOIN THE SUBSTACK TO GET NEW EPISODES DELIVERED STRAIGHT TO YOUR INBOX: https://walkeramerica.substack.com/ FOLLOW SAMSON: NOSTR: https://primal.net/excellion X: https://x.com/Excellion FOLLOW JAN3: https://x.com/JAN3com PARTNERS & DISCOUNTS: LEDN: Bitcoin-backed lending. Go to ledn.io/walker and unlock liquidity WITHOUT selling your bitcoin. BLOCKSTREAM JADE: BLOCKSTREAM JADE HARDWARE WALLET: Head to https://store.blockstream.com/ and use coupon code WALKER for 10% off! BDIC™ is building an insurance marketplace on the bitcoin standard. Sign up for the waitlist at: http://bdic.io/walker Own Bitcoin Miners. Keep 100% Of The Bitcoin. Get 1st month of free hosting with https://abundantmines.com/walker Buy Bitcoin with River: http://partner.river.com/walker GET FOLD ($10 in bitcoin): https://use.foldapp.com/r/WALKER If you enjoy THE Bitcoin Podcast you can help support the show by doing the following: FOLLOW ME (Walker) on @WalkerAmerica on X | @TitcoinPodcast on X | Nostr Personal (walker) | Nostr Podcast (Titcoin) | Instagram | YouTube | Everywhere else
"We need Bitcoiners to fight for Bitcoin. If no one fights for Bitcoin, Bitcoin will very soon be dead." Hodlonaut is a Bitcoin citizen journalist, the founder of the Citadel21 zine, the man behind the 2019 Lightning Torch, and the person who told the simple truth about Craig Wright and then stood in the fire for five years over it. Most recently he is the author of the Capture series, a deep investigation into how informal power over Bitcoin Core was assembled, exercised, and defended. We recorded this on August 2, 2026, in the middle of the ColdCard fallout, and the grief of that moment runs underneath the whole conversation. From there we go all the way back: how he found Bitcoin in 2013, the Pirate Bay ethos, Citadel21, and the birth of Hodlonaut and the Space Cat. We get into the Lightning Torch as a three-month experiment in trust, the Craig Wright war and how stoicism carried him through it, and then the heart of it: the Capture series, the "priesthood" narrative around Core, the OP_RETURN uncap, the DEI and "extractive" playbook used to shut down criticism, why every line of code must serve monetary sovereignty, and his return to fully supporting BIP-110. This is a conversation about the human layer of Bitcoin, and why we have to fight for it. Subscribe so you never miss an episode.
A five-year-old firmware bug quietly turned "cold storage" into a guessing game, and roughly $88 million in Bitcoin walked out the door without anyone touching a device. Joel Comm and Travis Wright open year ten of The Bad Crypto Podcast with the Coldcard entropy flaw: a March 2021 build error routed seed generation through a predictable software fallback instead of the hardware random number generator, leaving affected seeds with about 40 bits of entropy instead of 128. Galaxy Research mapped the first sweep — 1,196 addresses drained in 41 minutes — and later waves pushed the total past 4,500 addresses. Updating the firmware does not fix a seed that was already generated. Also on this episode: BitGo CEO Mike Belshe posts a wallet holding 100 BTC and dares Anthropic's Claude to take it. Strategy sells another 1,638 Bitcoin to cover STRC preferred dividends while sitting on $10.9 billion in unrealized losses. Trump's executive orders move the federal post-quantum deadline to 2031, and BIP-361 raises the question of what happens to Satoshi's coins. Truth Social starts selling early access to the President's posts. And American Bitcoin posts a $57.2 million quarterly loss while growing its treasury to 8,002 BTC. Then the hosts swap notes on what they've been building. Travis is turning the marketing canon into installable AI skills at MRKT.NG, finished two screenplays that sat in a drawer for twenty-six years, and rebuilt his site around a news-reading audio agent and a council of nine AI advisors. Joel made a short film, wrote and produced an original song with AI, and makes the case that "slop" is a skill issue — the work is in the directing, not the prompting. Closes with a practical tutorial on building character reference sheets so your AI-generated characters stop changing faces between shots. This episode is for educational, informational, and entertainment purposes only. It is not financial, investment, or trading advice.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.
Important security update for anyone using a COLDCARD.There has been a serious vulnerability disclosed involving the randomness used by some COLDCARD devices when generating Bitcoin seeds.If you use a COLDCARD, I recommend moving your bitcoin to a completely new seed generated somewhere else. If you use another wallet today but you generated the seeds on a coldcard, you should also move your bitcoin.First, an important reassurance: if you followed best practices and generated your own seed using at least 50 fair, independent, private dice rolls, you are not considered at risk from this specific randomness vulnerability. Similarly, if you used a strong passphrase, that provides additional protection. And there are several COLDCARD devices and seeds that fall outside the specific affected firmware ranges.But my recommendation is simpler than trying to determine exactly which model you have, which firmware was installed years ago when you generated your seed, how many dice rolls you used, whether you remember every detail correctly, and whether further vulnerabilities may be discovered.With something as important as your bitcoin, I would rather eliminate the uncertainty than take a risk we don't need to take. If you rolled your own dice more than 50 times and have a strong passphrase, you probably have more time. If you relied on the device to produce the randomness, you need to act immediately.Either way, act decisively and with high focus. Take your time and use whichever migration option you are most comfortable and competent with. Rushing a Bitcoin transaction or improvising a security setup you don't understand can create its own risks.If you decide to migrate to another hardware wallet or an airgapped computer you understand well, here's the process:First, generate a completely new seed on an unaffected device you know is safe from bugs and is not connected to the internet.Second, carefully record and verify the new seed backup.Third, verify the wallet fingerprint and receiving address on the hardware wallet itself or the airgapped computer. Do not simply trust what your online computer or phone shows you.Fourth, send a small test transaction.Fifth, confirm that everything works and that you can access and spend from the new wallet before moving the remaining funds.And keep your old seed backup until you have fully verified that the migration is complete.If you're not comfortable setting up another self-custody wallet immediately, another option is to temporarily move the bitcoin to a reputable exchange or custodian that you already trust while you take the time to establish a new self-custody setup properly.Again, the point is not to rush. Choose the option you understand best. But do move.If you used a strong, unique BIP-39 passphrase, that provides an additional independent security barrier. If you used sufficient private dice entropy, that also protects you from this particular randomness problem. But personally, given what has been disclosed, I would still rather create a fresh seed somewhere else and remove the uncertainty entirely.One final warning: scammers will absolutely try to exploit this situation.Never give your seed words or passphrase to anyone. Never enter them into a website, chatbot, unsolicited recovery tool, or a link somebody sends you. Nobody helping you migrate needs your seed words.Don't panic. Don't ignore it either. Take your time, verify every step, and move your funds in whatever safe way you are most comfortable with.Be sure to hold on to all your devices and seeds, as they may be useful in demonstrating ownership of the coins if the hacker is caught.Also be sure to follow the latest disclosures from Coinkite to understand if your device is affected, and to follow all the latest updates on the issue. I recommend Twitter for staying up to date.
Vinny Lingham is a Bitcoin OG who pioneered gift card payments in 2012 with Gyft, served on the board of the Bitcoin Foundation, spearheaded blockchain identity verification with CIvic, and in more recent years moved on to managing risk with Praxos Capital. Thanks to some of his accurate price predictions, Vinny has also received the nickname "The Oracle". In this episode, we talk about his Bitcoin journey and how his views have evolved over the last 14 years. Time stamps: 00:01:06 Intro & sponsors: Vinny Lingham, 15 years in Bitcoin 00:02:04 Gyft: a dozen companies and one gift card problem 00:02:26 Chargebacks, stolen cards & getting attacked by scammers 00:04:13 Why Bitcoin looked like the perfect payment rail 00:04:51 Zero-conf payments and the first-seen rule 00:05:48 The Starbucks and McDonald's signature math 00:06:51 100,000 Bitcoin payments, zero double spends 00:07:13 Civic's Bitcoin patents & the 2017 fee explosion 00:07:37 Blockstream, Adam Back, MIT and the Epstein files 00:08:10 Core keeps pruning dissenting voices 00:08:55 Why Bitcoin still can't be the whitepaper's payment system 00:09:08 Counterparty, Mastercoin & the birth of Ethereum 00:09:34 "Nothing has happened in Bitcoin in five years" 00:10:16 Why he went and backed Solana instead 00:10:23 Sympathy for BIP 110 over Core 00:11:08 Inscriptions can be done many ways 00:12:27 "Lightning will be ready in 18 months" forever 00:13:26 Drivechains, BIP 300 & the Ecash fork paying miners 00:14:44 UX, mainstream users and idiot-proof money 00:15:17 People who don't know you can hold BTC outside an ETF 00:15:27 Is the ETF the real scaling layer? 00:15:37 What Vinny signed up for when he read the whitepaper 00:16:30 Wayne Vaughn in the chat 00:16:48 Saylor's Bitcoin Security Consortium and the $15M 00:17:24 Saylor argues against bigger blocks and covenants 00:17:49 How is this different from the Bitcoin Foundation? 00:18:36 Saylor as systemic risk: crashing the minority fork 00:19:43 Losing SPV and the simplicity of early Bitcoin 00:20:48 When did you last actually use Bitcoin? 00:21:22 Six confirmations vs Apple Pay 00:21:41 Gyft's customers who had no credit cards 00:22:07 Not a store of value: a store of liquidity 00:23:24 So what is a store of value, exactly? 00:26:00 The 100 year test: one ounce of gold buys one suit 00:27:09 Does the whitepaper ever say "digital gold"? 00:27:53 Saylor's redefinition: expensive to move, held by institutions 00:28:08 Privacy, tiny payments and why volume creates stability 00:28:42 Exchanges are layer two, Lightning is layer three 00:29:06 Solana at the World Series of Poker 00:30:07 BSV, Teranode, BCH and who actually handles volume 00:30:58 Does everyone really need to run a node? 00:31:30 Luke Dashjr, 16MB blocks and 50 billion Catholics 00:33:34 Arguing with someone who redefines words 00:34:33 How did Blockstream become so politically powerful? 00:35:40 Reid Hoffman's $20 million 00:36:26 Reading the Epstein files with Bitcoin eyes 00:36:45 Tether won the global south instead 00:37:42 "The community is people who never built anything" 00:38:00 Why Elon Musk walked away from Bitcoin 00:39:07 The ESG excuse & the Bitcoin Mining Council 00:40:05 Elon on bandwidth, latency and second layers 00:41:03 Why Civic started on Bitcoin and left 00:42:05 Multicoin, the Solana seed round & founding Praxos 00:42:29 Why "Civic" and not "Supra" 00:42:46 Nobody wants identity: crypto's actual number one use case 00:44:03 Zcash's comeback, Ironwood & the auditable supply 00:45:34 Delistings and the headwinds facing privacy coins 00:46:06 Why Zcash chose DeFi rails over merchant adoption 00:47:07 How to know you're in a bear market 00:47:25 Elgamarov & how small this world really is 00:48:10 What does Vinny actually hold today? 00:49:27 Praxos: delta neutral, funding rates and volatility 00:51:44 Sponsors: Braiins, Cake Wallet, SideShift, LayerTwo Labs, Orange Rock 00:54:40 Wayne Vaughn's question: will the CLARITY Act pass? 00:56:47 Michael Saylor and the Strategy problem 00:57:14 The GBTC discount scenario 00:58:16 Why August could be a bloodbath 01:01:56 Node counts, sybil attacks and hash rate 01:03:16 The rewritten history of SegWit and SegWit2x 01:04:19 How Bitcoin Cash became the fallback plan 01:04:59 Gavin Andresen and the word "bamboozled" 01:06:00 Was Craig Wright involved at all? 01:08:04 Hal Finney's logs and the Van Nuy, California IP address 01:08:55 GMX, German privacy law and the missing paper trail 01:11:17 Roger Ver, the checksum test and Craig 01:13:00 Asking Claude who Satoshi is 01:14:17 The case for Nick Szabo and the trusted third parties 01:15:31 The counterfactual: what if Bitcoin had scaled? 01:19:35 Tron, USDT and five years of outperforming BTC 01:20:09 Bitcoiners understand supply, not demand 01:20:36 What happens when the block rewards run out 01:21:15 Rentable SHA256 and the state actor attack scenario 01:22:54 Will Vinny claim the August fork airdrops?
Today on The Survival Podcast the expert council answers your questions on economics, elderberry, gardening, cooking, Plantar fasciitis, BIP-110 and more. Make sure if you submit content for an expert council show you do the following…. Email it to me at jack @ thesurvivalpodcast.com Put TSPC Expert in the subject line Ask you question and state the expert you have the question for in one coherent sentence Hit the return key a few times and then give all the details you think are necessary ` Following that procedure makes it about 100X more likely your question will get though screening … Continue reading →
Soap Miner joins to discuss building a Bitcoin only natural soap business and finding his first customers on Nostr. We get into teaching himself soapmaking, running a Lightning node with Alby Hub, why Bitcoiners are fiercely loyal customers, and refusing to accept dollars. Then we discuss Bitcoin as money, self custody, merchant adoption through Square, ETFs and treasury companies, Camp Nakamoto, BIP 110, personal responsibility, and why anyone with a useful skill can start earning Bitcoin.Soap Miner: https://soapminer.comSoap Miner on Nostr: https://primal.net/SoapMiner Soap Miner on X: https://x.com/soapminer1EPISODE: 210BLOCK: 959994PRICE: 1567 sats per dollarmore info on the show: https://citadeldispatch.comlearn more about me: https://odell.xyzmonitor the situation: https://citadelwire.comten31: https://ten31.xyzopensats: https://opensats.org
"Bitcoin secures over a trillion dollars in value. It has no security team." Luke de Wolf is a cybersecurity professional and author of Defending Bitcoin. Luke spent his career defending critical infrastructure, the control systems behind power grids and gas pipelines. His claim: Bitcoin is the world's first decentralized critical infrastructure, and it should be defended with the same risk-management frameworks that protect the physical world. A trillion-dollar network with no security team. And Luke is a former BIP-110 skeptic who flipped to supporting it making him a moderate who pisses off both sides. We get into the CIA triad and why availability is the whole game, people as the weakest link and the Stuxnet lesson, the real cost of running a node over time, spam as a DDoS and the hidden tax on Bitcoin, the two CVEs behind inscriptions, and the full BIP-110 fight. We discuss why he flipped, the game theory of activation, soft fork vs hard fork, the intolerant minority, and whether BIP-110 even has a failed state. This is the defender's case for Bitcoin, and the fight is happening right now. Subscribe so you never miss an episode.
Buchner, known for his work on decentralized identity at Proof, brings a technical and game-theoretic lens to the debate over Bitcoin's monetary focus versus attempts to restrict arbitrary data.The conversation covers narrative shifts driving spam to Bitcoin, the limits of relay policy versus consensus rules, why the house analogy fails, economic node power over basement operators, and the lack of miner or buyer support that dooms the proposal.Timestamps:01:31 — Locusts Flock to Bitcoin's Last Pasture03:32 — Core Policy Tweaks Aren't Consensus Rules08:44 — Spam Hides in Any Public Key or Hash11:12 — Spammers Adapt in a Day, Consensus Can't14:59 — BIP110 Debate Exposes Major Inconsistency20:44 — Why the House Analogy Totally Fails25:25 — Nodes Get Cheaper Even With Max Spam28:08 — Set Tolerances Assuming Worst Case30:35 — No Legal Liability for Bad Chain Data33:04 — Filter Regime Creates Government Backdoor35:13 — BIP 110 Risks Centralizing Devs Around Luke37:33 — Economic Incentives Trump 'Good Guy' Miners39:03 — Economic Nodes Outweigh Basement Node Runners43:49 — BIP 110 Has Near-Zero Economic Support48:43 — Why Game Theory Kills BIP 11055:52 — BIP 110 Fork Dies With a WhimperLinks: https://x.com/csuwildcatStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack
No Agenda Show Announces Passing of Beloved Host John C. Dvorak at Age 74 https://x.com/na_announce/status/2079952538040672302 Tether's Three-Way Crypto Deal Falls Apart as Jack Mallers Steps Down from Twenty One Capital https://www.bloomberg.com/news/articles/2026-07-21/tether-s-three-way-crypto-deal-falls-apart-mallers-steps-down BitMEX Announces Shutdown of Exchange Operations Effective September 23, 2026 https://x.com/bitmex/status/2080201602456301580 Coinkite Opens Reservations for arca Personal Data Haven Hardware https://blog.coinkite.com/arca-reservations-are-open/ Strive Announces Bitcoin Stewardship Commitment Supporting Brink & Open-Source Development https://x.com/colemacro/status/2079907362979410395 Mike Schmidt Volunteers to Coordinate Bitcoin Security Consortium Backed by Strategy, BlackRock, Fidelity & Others https://x.com/bitschmidty/status/2080263159152091455 Galaxy Pledges Up to $5M in Grants for Bitcoin Post-Quantum Cryptography Development https://x.com/intangiblecoins/status/2079541359996719512 Startup Founders Urge Trump Not to Block Chinese Open-Weight AI Models https://www.politico.com/news/2026/07/22/startup-founders-urge-trump-not-to-shut-off-chinese-open-weight-ai-01008992 India | Central Bank Pushes Digital Asset Prohibition India's central bank is again pursuing a digital asset policy “leaning toward prohibition,” according to new government documents examined by Reuters. The Reserve Bank of India wants banks and regulated financial institutions barred from holding, trading, or offering exposure to digital assets and stablecoins. Officials also warn that offshore exchanges and peer-to-peer platforms are difficult to track. The documents estimate that India has nearly 39 million digital asset investors holding roughly $2.1 billion in digital assets. FinancialFreedomReport.org Lightning Labs Launches Wavelength: Self-Custodial Bitcoin Payments Toolkit for Apps and AI Agents https://lightning.engineering/posts/2026-07-21-wavelength-launch/ Noah Wallet Update Integrates Bark 0.4.0 with Live Backups, Native UI & Easier Ark Features https://x.com/nitesh_btc/status/2080026943035187537 Bark Pay Launches: Self-Hosted Bitcoin Payments Solution Ready in Under 5 Minutes https://x.com/2ndpsy/status/2079932489921941716 BTCPay Server v2.4.1: BIP-329 Label Import, Editable Invoice Comments, and RTL Language Support https://github.com/btcpayserver/btcpayserver/releases/tag/v2.4.1 Tails 7.10: New GNOME Shutdown Procedure and Celluloid Video Player https://tails.net/news/version_7.10/ Wisp v1.2.0: Multi-Account Switcher, Transaction History Sheets, and Improved Zaps https://github.com/barrydeen/wisp/releases/tag/v1.2.0 Hermes Agent v2026.7.20 “Quicksilver”: Major Speedups, Smart Approvals, and Password Manager Integration https://github.com/NousResearch/hermes-agent/releases/tag/v2026.7.20 JoinMarket-NG 0.34.2: Fidelity Bond Fixes and Tumbler Improvements https://github.com/joinmarket-ng/joinmarket-ng/releases/tag/0.34.2 Wasabi Wallet v2.8.1: Taproot Receive by Default, New Loading Screen, and AppImage Support https://github.com/WalletWasabi/WalletWasabi/releases/tag/v2.8.1 Dana v0.8.1: Faster Startup, Sat/BTC Display Toggle, and Stability Fixes https://github.com/cygnet3/dana/releases/tag/v0.8.1 Block Buzz: Open-Source Hive Mind Communication Platform https://github.com/block/buzz US Prosecutes Cop City Protester for Using GrapheneOS to Wipe Phone https://www.theguardian.com/us-news/2026/jul/23/cop-city-protester-phone Court Rules CBP Can Manually Search Phones at Border With No Suspicion Required https://www.techtimes.com/articles/321338/20260723/cbp-can-rifle-through-your-phone-hand-border-no-suspicion-required.htm Trump Targets Brazil's Pix Payments System While Dollar Stablecoins Dominate Local Crypto Volume https://www.coindesk.com/business/2026/07/18/trump-targets-brazil-s-payments-system-while-dollar-stablecoins-quietly-dominate-country-s-payments France Orders ISPs to Block Access to Polymarket https://www.reuters.com/technology/french-internet-service-providers-told-block-access-polymarket-2026-07-17/ 3:33 - Opening riff 5:53 - Dashboard 14:03 RIP John C. Dvorak 16:43 - Tether deal fails 23:38 - BitMEX shutdown 30:13 - ARCA 32:33 - Stewardship & Security Consortium 44:53 - Galaxy inb4 quantum 46:48 - Trump and Chinese AI 1:12:48 - HRF Story of the Week 1:14:33 - Boosts 1:19:03 - Software updates 1:39:43 - Graphene user prosecution 1:42:18 - Border patrol owns your phone 1:43:33 - Brazil payments 1:45:18 - France blocks Polymarket Shoutout to our sponsors: Strike https://strike.me/ Stakwork https://stakwork.ai/ Salt of the Earth https://drinksote.com/rhr Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/marty Newsletter https://tftc.io/martys-bent/ Podcast https://tftc.io/podcasts/ Follow Odell: Nostr https://primal.net/odell Newsletter https://discreetlog.com/ Podcast https://citadeldispatch.com/
Lyn Alden warns that BIP 110 is unlikely to curb spam and instead mostly rearranges non-monetary data, raising the risk of a minority fork attempt that could split the Bitcoin chain.Lyn Alden is a leading macro analyst and Bitcoiner who examines how fiscal dominance now overrides traditional monetary policy tools.She breaks down why high debt-to-GDP ratios prevent rate hikes from taming inflation, how broad money supply still expands 5-8 percent annually, the limits of semiconductor and AI valuations, and the structure of a new Bitcoin-backed permanent capital vehicle for acquiring cash-flowing businesses.Timestamps:02:14 — BIP 110 Won't Stop Spam04:56 — Bitcoin Faces August Chain Split Risk12:12 — Bitcoin in Bottom Decile of Cycle15:37 — Nothing Stops This Fiscal Train18:04 — Why Volcker Can't Work Today22:02 — Higher Rates Won't Break the System24:44 — Net Issuance Matters, Not Gross Refi27:34 — Fed Balance Sheet Stays Flattish32:56 — Broad Money Grows Despite Flat Fed36:05 — US Money Supply Growth Hits 5-8%38:51 — Fiscal Dominance: Who Wins the Money?41:50 — Why Semiconductors Print Money45:13 — Software Stocks: Value Trap or Opportunity?47:31 — AI Is the New Dot-Com Bubble52:00 — Orange Juice: Bitcoin-Backed Business Buyer57:57 — Permanent Capital Vehicle, Not a Fund59:39 — Founders Keep Equity Upside After SaleLinks: X: https://x.com/LynAldenContactWebsite: https://www.lynalden.com/0BIP 110 debate ("motte-and-bailey" critique): https://x.com/LynAldenContact/status/2078599151043162159 Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack
Lyn Alden raised $40M to launch Orange Juice, a holding company that buys cash-flowing businesses and layers Bitcoin on top, not another pure-play treasury bet. ======================================================== Thank you to our sponsor! Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== Lyn Alden just raised $40 million to launch a Bitcoin-backed holding company that skips the trade most of crypto is chasing. Rather than build another pure-play Bitcoin treasury stock, Orange Juice buys cash-flowing, unglamorous businesses and layers a Bitcoin treasury on top at the parent-company level. Lyn Alden, cofounder of Orange Juice and a partner at Ego Death Capital, frames it as a countercyclical alternative to procyclical treasury companies, and she does not spare Strategy from criticism. She compares Orange Juice's structure to Berkshire Hathaway and argues Strategy let its dollar reserve fall too far, weighing in as Laura invokes Michael Saylor's 'sell a kidney' line and STRC's slide to near $85 against its $100 target. She also addresses BIP-110's inscription debate and Bitcoin's quantum computing threat, questioning whether the community's resistance to change is a strength or a liability. Host: Laura Shin, Host / Unchained Guests: Lyn Alden - Cofounder of Orange Juice and Partner at Ego Death Capital Timestamps
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance: The CLARITY Act faces its make-or-break moment, but odds of passage have collapsed to 32% Saylor publishes 110 reasons why BIP-110 is a bad idea for Bitcoin Lyn Alden says the proposal won't actually stop spam — and there are bigger threats to worry about Jeff Booth and Lyn Alden launch Orange Juice, a $40M Bitcoin treasury company backed by Ricardo Salinas Tether freezes $131M in stablecoins tied to Iran's central bank — a reminder of why Bitcoin is different ---- Ledn has a perfect track record protecting over $11 billion in client value through every market cycle since 2018. And Tether Gold is now live on Ledn, giving you two of the most verifiably scarce, non-sovereign assets ever created, held side by side. Hard assets. Real flexibility. One platform. Get .25% off your first bitcoin-backed loan: https://www.Ledn.io/natalie ---- Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what's broken in our current financial system: https://amzn.to/3WzFzfU ---- Upcoming Events: The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
Bitcoin desire sentiment has fallen to an eight-year low, a contrarian signal that historically aligns with market bottoms rather than tops.Michael Sullivan, an engineer and author, applies machine learning to individual X accounts to track granular Bitcoin emotions and moods over time.He examines how entry eras shape lasting narratives, why pro-BIP 110 cohorts show strikingly low conviction, how individual tracking avoids bot pollution, and why boredom plus infighting often mark optimal accumulation zones.Timestamps:01:44 — Conviction Isn't Bullish or Bearish07:05 — Why Individual X Tracking Beats Bots09:53 — Desire Peaks Flag Bull Market Tops11:49 — Bitcoin Desire Hits 8-Year Low16:27 — New Bitcoiners Angriest Right Now21:00 — Bitcoin Entry Era Shapes Your Views Forever?22:48 — BIP 110 Backers Show Strikingly Low Conviction25:33 — Pro-BIP 110 Group Lives in Its Own Bubble28:39 — BIP110 Brigading Creates Fake Consensus31:57 — OGs Optimistic, Plebs Stay Angry37:13 — X Algo Shift Sparks Bitcoin Optimism39:57 — Why Sentiment Metrics Fail for Trading41:55 — Boredom and Infighting Signal Bitcoin BottomLinks: Michael's X: https://x.com/SullyMichaelvanBitcoin Sentiment Weekly on Substack: https://sentimentsully.substack.comMichael's novel, Blood of the Bourgeoisie: https://www.amazon.com/Blood-Bourgeoisie-Michael-R-Sullivan-ebook/dp/B0FRZTM49YStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack