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In recent years, Bitcoin has undergone a major culture shift which promotes stagnation, complacency & simping to politicians over maximizing the utility of the money. Eric Voskuil & John Carvalho join the show to remind everyone what the mission really is. State of Bitcoin - [00:01:17] Bitcoin Maximalism - [00:01:32] Bitcoin as a Ponzi Scheme - [00:02:27] Transaction Fees - [00:04:57] History of Bitcoin Tokens (Omni, Counterparty, Mastercoin) Definition of Tokens - [00:08:01] Custodial Problems with Tokens - [00:09:12] Bitcoin and Fiat Money - [00:11:09] Why Bitcoiners Talk About Money - [00:15:49] Stateless Money - [00:17:44] Austrian Economics and Bitcoin - [00:21:01] Monetary Inflation vs. Price Inflation - [00:26:01] Cantillon Effect - [00:29:00] Dollar Inflation and Gold - [00:33:59] Misunderstandings in the Bitcoin Community - [00:41:42] Bitcoin Semantics - [00:43:21] Bitcoin Divisibility - [01:00:13] Bitcoin Deflation - [01:03:41] Maxi Price and One Coin Assumption - [01:07:43] Competition Between Monies - [01:13:42] Scaling Bitcoin - [01:22:41] Bitcoin for the Unbanked - [01:26:14] Maximizing Throughput - [01:36:11] Right to Fork - [01:45:45] Running Old Bitcoin Versions - [01:51:35] Bitcoin as Money vs. Credit - [01:56:26] Settlement in Bitcoin - [02:07:45] Peer-to-Peer Credit Systems - [02:14:47] Fractional Reserve Banking - [02:26:32] Bitkit Wallet and Spending vs. Saving - [02:36:13] Block size increases and Bitcoin adoption - [03:00:00] Scaling Bitcoin and transaction validation - [03:01:00] Bitcoin overflowing into Litecoin and quantum resistance - [03:02:00] Pruning historical data and exchange price - [03:03:00] Lightning system complexity and Bitcoin's value proposition - [03:05:00] Bitcoin as an investment and speculation - [03:07:00] Optimizing Bitcoin throughput and developer motivations - [03:09:00] Scaling Bitcoin and speculation - [03:11:00] Shitcoins, scams, and Bitcoin's security model - [03:13:00] Litecoin's extension blocks and Mimblewimble - [03:15:00] Bitcoin's security and the legitimacy of altcoins - [03:17:00] Shitcoins and Bitcoin's essential aspects - [03:19:00] Majority hash power censorship and attacks - [03:21:00] Bitcoin speculation and market dynamics - [03:23:00] Michael Saylor's Bitcoin strategy and MicroStrategy's history - [03:26:00] Saylor's Bitcoin investment and market manipulation - [03:29:00] Saylor's stock sales and Bitcoin's future - [03:31:00] Blockstream's accomplishments and the Chia project - [03:33:00] Blockstream's influence and SegWit - [03:35:00] Adam Back's influence and Blockstream's hype - [03:37:00] Bitcoin Core's power and the need for competition - [03:39:00] Initial block download performance and Bitcoin Core's architecture - [03:41:00] UTXO store and Bitcoin Core's performance - [03:43:00] Parallelism in Bitcoin Core and assumed UTXO - [03:45:00] Initial block download time and Bitcoin Core's scalability - [03:47:00] Monoculture in Bitcoin development and IBD performance - [03:49:00] UTXO cache and shutdown time - [03:51:00] Trust assumptions in Bitcoin Core and UTXO commitments - [03:53:00] Bitcoin Core's halting problem and theoretical download limits - [03:55:00] Sponsorships: Sideshift, LayerTwo Labs, Ciurea - [03:57:00] Drivechains and ZK rollups - [04:02:00] ZK rollups and liquidity on Ethereum - [04:04:00] Drivechains and altcoins - [04:06:00] Scaling Bitcoin and cultural taboos - [04:08:00] Engineer-driven change and Monero's approach - [04:10:00] Confidential transactionsL Zano & DarkFi - [04:12:00] Fungibility and Bitcoin's metadata - [04:14:00] Privacy, metadata, and state surveillance - [04:16:00] Privacy, taint, and Bitcoin mixing - [04:18:00] Bitcoin mixing and plausible deniability - [04:20:00] Mining and company registration - [04:22:00] Block reward and hash power - [04:24:00] Privacy and mixing - [04:26:00] Privacy in the Bitcoin whitepaper and zero-knowledge proofs - [04:28:00] Dark Wallet and John Dillon - [04:30:00] Dark Wallet and Li Bitcoin - [04:32:00] Amir Taaki's projects and software development - [04:34:00] Dark Wallet funding and developer costs - [04:36:00] Libbitcoin's code size and developer salaries - [04:38:00] John Dillon and Greg Maxwell - [04:40:00] Opportunistic encryption and BIPs 151/152 - [04:42:00] Dandelion and privacy - [04:44:00] BIP 37 and Bloom filters - [04:46:00] Consensus cleanup and the Time Warp bug - [04:48:00] Merkle tree malleability and 64-byte transactions - [04:50:00] 64-byte transactions and SPV wallets - [04:52:00] Coinbase transactions and malleability - [04:54:00] Invalid block hashes and DoS vectors - [04:56:00] Core bug and ban list overflow - [04:58:00] Storing hashes of invalid blocks - [05:00:00] DoS vectors and invalid blocks - [05:02:00] Malleated Merkle trees and 64-byte transactions - [05:04:00] 64-byte transactions and Merkle tree malleability - [05:06:00] Null points and malleated blocks - [05:08:00] Redundant checks and the inflation soft fork - [05:10:00] Op code separator and code complexity - [05:12:00] Transaction order in a block - [05:14:00] Forward references in blocks - [05:16:00] Coinbase transaction rules - [05:18:00] Time Warp bug and Litecoin support - [05:20:00] Quadratic op roll bug - [05:22:00] Stack implementation and op roll - [05:24:00] Templatized stack and op roll optimization - [05:26:00] Non-standard transactions and direct submission to miners - [05:28:00] Mempool policy and DoS - [05:30:00] Monoculture and competing implementations - [05:32:00] Consensus cleanup and Berkeley DB - [05:34:00] Code vs. consensus - [05:36:00] Bitcoin Knots and Luke-jr - [05:38:00] 300 kilobyte node and Luke-jr's views - [05:40:00] Bitcoin Knots and performance - [05:42:00] Bitcoin Knots and censorship - [05:44:00] Censorship and miner incentives - [05:46:00] Censorship and hash power - [05:48:00] Soft forks and censorship - [05:50:00] Ordinals and covenants - [05:52:00] RBF and zero-confirmation transactions - [05:54:00] Double spending and merchant risk - [05:56:00] First-seen mempool policy and RBF - [05:58:00] Low-value transactions and RBF - [06:00:00] Computational cost of actions - [06:00:15] Building infrastructure and system disruption - [06:00:20] Threat actors and economic disruption - [06:00:26] Double spending detection and system control - [06:00:29] Safety and manageability of zero comp transactions - [06:00:41] Security of zero comp transactions - [06:00:51] RBF (Replace-by-fee) and its relevance - [06:01:06] Bitcoin's mempool and transaction handling - [06:01:25] Mempool overflow and resource management - [06:02:08] Transaction storage and mining - [06:02:45] Miners' incentives and fee maximization - [06:03:07] Mempool policy and DOS protection - [06:03:41] Transaction validation and block context - [06:04:11] Fee limits and DOS protection - [06:05:13] Transaction sets, graph processing, and fee maximization - [06:06:24] Mining empty blocks and hash rate - [06:07:34] Replace-by-fee (RBF) and its purpose - [06:08:07] Infrastructure and RBF - [06:09:14] Transaction pool and conflict resolution - [06:09:44] Disk space, fees, and DOS protection - [06:11:06] Fee rates and DOS protection - [06:12:22] Opt-in RBF and mempool full RBF - [06:13:45] Intent flagging in transactions - [06:14:45] Miners obeying user intent and system value - [06:17:06] Socialized gain and individual expense - [06:18:17] Service reliability and profitability - [06:19:06] First-seen mempool policy - [06:19:37] Mempool policy and implementation - [06:20:06] User perspective on transaction priority - [06:21:14] Mempool conflicts and double spending - [06:22:10] CPFP (Child Pays for Parent) - [06:22:24] Mempool management and fee rates - [06:24:30] Mempool complexity and Peter Wuille's work - [06:25:54] Memory and disk resource management - [06:27:37] First-seen policy and miner profitability - [06:29:25] Miners' preference for first-seen - [06:30:04] Computational cost and fee optimization - [06:31:10] Security, Cypherpunk mentality, and the state - [06:35:25] Bitcoin's security model and censorship resistance - [06:41:02] State censorship and fee increases - [06:43:00] State's incentive to censor - [06:46:15] Lightning Network and regulation - [06:48:41] NGU (Number Go Up) and deference to the state - [06:51:10] Reasons for discussing Bitcoin's security model - [06:53:25] Bitcoin's potential subversion and resilience - [06:55:50] Lightning Network subsidies and scaling - [06:57:36] Mining protocols and security - [07:02:02] Braidpool and centralized mining - [07:04:44] Compact blocks and latency reduction - [07:07:23] Orphan rates and mining centralization - [07:08:16] Privacy and threat environments - [07:08:40] Social graphs, reputation, and identity - [07:10:23] Social scalability and Bitcoin - [07:12:36] Individual empowerment and anonymity - [07:16:48] Trust in society and the role of the state - [07:18:01] Payment methods and trust - [07:20:15] Credit reporting agencies and regulation - [07:22:17] Hardware wallets and self-custody - [07:23:46] Security vulnerabilities in Ledger - [07:27:14] Disclosure of secrets on Ledger devices - [07:36:27] Compromised machines and hardware wallets - [07:42:00] Methods for transferring signed transactions - [07:48:25] Threat scenarios and hardware wallet security - [07:50:47] Hardware wallet usage and personal comfort - [07:56:40] Coldcard wallets and user experience - [08:02:23] Security issues in the VX project - [08:03:25] Seed generation and hardware randomness - [08:12:05] Mastering Bitcoin and random number generation - [08:17:41]
"I think that what people need to realize is that bitcoins biggest enemy is the government... basically what we don't want is Bitcoin captured, and it CAN be captured."On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with John Carvalho, CEO of Synonym. They discuss hard truths about Bitcoin scaling, ossification, the threat of the government capture and Strategic Bitcoin Reserves, shitcoining, and more.JOHN'S LINKS:Nostr: https://primal.net/p/npub13ndpm2hm9hud4azsq5euhf5mv3d05r90wymwxsd7rdn29609hhvqp60svhX: https://x.com/BitcoinErrorLogSYNONYM: https://synonym.toPLAN B FORUM: https://rumble.com/v6k9td4-the-atomic-economy-beyond-centralized-systems-plan-forum-el-salvador-2025.html*****THE Bitcoin Podcast Partners:> Download Primal for Nostr: https://primal.net/downloads> http://bitbox.swiss/walker -- use promo code WALKER for 5% off the Bitcoin-only Bitbox02 hardware wallet.> BUY BITCOIN WITH RIVER: http://partner.river.com/walker> FOLD BITCOIN REWARDS CREDIT CARD WAITLIST HERE: https://foldapp.com/credit-card?r=UZoiP*****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)Subscribe to THE Bitcoin Podcast (and leave a review) on Fountain | YouTube | Spotify | Rumble | EVERYWHERE ELSE
"Our philosophy with building Pubky was, all right, we're not going to say never on a server. We're going to say, use a server if you want. Don't use a server if you don't want.Either way, it's fine because no matter what happens to you, you can redefine it later.So it's just basically adding the censorship resistance, this credible exit to using servers. And that's a big part of what pub key enables that other alternatives don't really enable in quite the same way or at all."- John CarvalhoWhat does it mean to build an "atomic economy"? In this episode, I sit down with John Carvalho to explore his journey from early Bitcoin adoption to spearheading revolutionary concepts at Synonym. We delve into the challenges of decentralizing the web, redefining self-sovereignty, and creating tools that resist censorship. What could a world look like where your public key is your universal address? How do we rethink trust, tagging, and the very nature of data ownership? From the mechanics of PubKey to philosophical reflections on the future of digital society, John's contrarian perspective will challenge your mental models and leave you questioning everything from Google to governance. Join us as we navigate the frontier of what might replace the systems we've always relied on—and ask, could Bitcoin lead us to a truly independent digital future?Guest Links John Carvalho on X: (Link: https://x.com/BitcoinErrorLog) John Carvalho on Nostr: (Link: https://tinyurl.com/4r77wse4) Pubky: (Link: https://pubky.org/) Synonym: (Link: https://synonym.to/) Host Links Guy on Nostr (Link: http://tinyurl.com/2xc96ney) Guy on X (Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get 5% off the COLDCARD with code BITCOINAUDIBLE (Link: https://bitcoinaudible.com/coldcard) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other gr...
Marty sits down with John Carvalho to discuss his BIP on bitcoin units and an update on Pubky. Links: https://pubky.app/ https://pubky.org/ https://x.com/BitcoinErrorLog 0:00 - Intro 0:36 - John's BIP 10:16 - Millisats 14:30 - Unchained 15:30 - Optimizing against govt controlled btc 22:30 - OP_VAULT and fork consensus 36:53 - Zaprite & SOTE 38:26 - Pubky 45:21 - Government digital ID 54:10 - Nostr's vs X vs Bluesky 1:00:00 - Why Nostr needs an ID solution 1:03:13 - Atomic Economy 1:08:08 - Tether 1:12:15 - Bitfinex stolen coins 1:14:13 - MSTR 1:21:20 - Core dev incentives 1:25:39 - John's hot take history 1:29:29 - Bluesky culture 1:33:15 - Giving people what they don't know they want 1:35:52 - Wrapup Shoutout to our sponsors: Unchained https://unchained.com/tftc/ Zaprite https://zaprite.com/tftc Salt of the Earth https://drinksote.com/tftc Join the TFTC Movement: Main YT Channel https://www.youtube.com/c/TFTC21/videos Clips YT Channel https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ Website https://tftc.io/ Twitter https://twitter.com/tftc21 Instagram https://www.instagram.com/tftc.io/ Nostr https://primal.net/tftc Follow Marty Bent: Twitter https://twitter.com/martybent Nostr https://primal.net/martybent Newsletter https://tftc.io/martys-bent/ Podcast https://www.tftc.io/tag/podcasts/
Join Danny, Molly, Zakk and Dave for industry-led opinions on important Bitcoin stories from the week. This week's topics: 00:00 - Intro 01:57 - Bitcoin price 03:25 - Michael Saylor on CNBC and DDTG 07:44 - Bitcoin purchases that haunt us 12:09 - Putin says nobody can ban Bitcoin 14:05 - Eric Trump at Bitcoin MENA 20:24 - Max Keiser and Stacy Herbert 23:06 - Pump.fun restricts access to UK users 24:02 - Haliey Welch (AKA Hawk Tuah Girl) rug pulls her fans 25:41 - Should memecoins be regulated under gambling 28:56 - Fartcoin 31:22 - El Salvador to alter Bitcoin laws to accept IMF loan 36:06 - President of El Salvador Nayib Bulele retweets Danny 38:23 - Amazon shareholders call for Bitcoin after Microsoft shareholders vote no 42:55 - Dogecoin flaw exploited by hacker, crashes 69% of nodes 44:52 - Google's Willow quantum chip vs Bitcoin 51:24 - John Carvalho's proposal to get rid of Sats 55:31 - Dear Dave: Anchor Watch and Lloyds of London partnership 57:34 - Dear Dave: Is Lloyd's Bank's 'Link Pay' using Lightning? 1:03:35 - Dear Dave: Any news on CoinCorner's eMoney cards? 1:03:53 - Dear Dave: Do CoinCorner signups follow the Bitcoin price chart? Britcoiners is a Bitcoin podcast by CoinCorner (https://www.coincorner.com) - a global leader in Bitcoin and Lightning services. Join our Telegram: https://t.me/britcoiners Follow Britcoiners on X: https://x.com/britcoiners Follow CoinCorner on X: https://x.com/coincorner
FOLLOW TODAY'S PANELISTS: https://x.com/BitcoinErrorLog https://x.com/skot9000 https://x.com/PortlandHODL FOLLOW BTC SESSIONS on X/Nostr: x.com/BTCsessions btcsessions@getalby.com BOOK private one-on-one sessions with BITCOIN MENTOR! Learn self custody, hardware, multisig, lightning, privacy, running a node, and plenty more - all from a team of top notch educators that I've personally vetted. https://bitcoinmentor.io/ JOIN OUR AFFILIATE PROGRAM, EARN BITCOIN FOR REFERRALS! https://bitcoinmentor.io/affiliate-registration/
Here are some short interviews I did while at Lugano Plan B on a range of topics, from bitcoin ossification to block size, government regulation, the latest state of wallets, and mining decentralization with: Timestamps: (00:00) - Intro (01:01) - Jimmy Song, Bitcoin Expert (07:30) - John Carvalho, CEO at Synonym (12:51) - Sponsors (15:05) - Dennis Porter, CEO & Co-Founder Satoshi Action Fund (24:58) - Ben, Host of BTCsessions (31:54) - Sponsor (32:50) - Luke Dashjr, CTO OCEAN Mining (37:53) - Jameson Lopp, Co-founder & Chief Security Officer Cas (47:22) - Outro Links: https://x.com/LuganoPlanB https://x.com/jimmysong https://x.com/BitcoinErrorLog https://x.com/Dennis_Porter_ https://x.com/BTCsessions https://x.com/LukeDashjr https://x.com/lopp Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack
NoPara, a BTC C# developer, and a “rejuvenator”, discusses Bitcoin properties, what makes the best kind of money, and how BTC & BCH compare on these metrics. We also talk about BTC in El Salvador, Wasabi wallet, John Carvalho capitulating, and other topics. Enjoy, and please share your thoughts in the comments.Links:NoPara on Twitter: https://x.com/nopara73NoPara on YouTube: https://www.youtube.com/@nopara73/featuredBTC / BCH Bitcoin-tech Dev Forum Twitter Space by Kallisti: https://x.com/kzKallisti/status/1824521374175531478BTC / BCH Bitcoin-tech Dev Forum Twitter Space (YouTube): https://www.youtube.com/watch?v=5T1tYtWTjE4Episode slides: https://docs.google.com/presentation/d/16oYp6MHM2aLM8WBX8rFQ6nkCyk1c4kpC/edit?usp=sharing&ouid=100290143879929950045&rtpof=true&sd=trueDonations:bitcoincash:qpsest28ghjz8030dqfe4ustqg2a5n0gh5afmnp960Sponsors:Thank you very much to our flipstarter contributors: https://bchpodcastflipstarter.cash/enGeneral Protocols: https://generalprotocols.com and https://bchbull.comSocials:Website: https://www.bitcoincashpodcast.comTimestamps:00:00 Podcast starts00:38 Intro01:02 NoPara intro: Rejuvenation, Fitcoiners04:00 Wasabi wallet12:00 Blocksize war14:00 Chain split & privacy15:00 Rising fees and Wasabi wallet22:50 Market update: downwards volatility24:21 Bitcoin properties32:14 Maximalism & network effect36:31 BCH surviving 3 chain splits42:13 NGU formula49:00 BTC vs. BCH56:51 Medium of exchange, programmability1:01:12 Cognizability, acceptability1:12:26 BCH edge: circular economy and fungibility1:16:32 On blocksize1:33:27 No such thing as intrinsic value1:40:42 BTC in El Salvador1:41:00 BTC is missing portability1:45:00 Lightning network2:01:23 John Carvalho capitulates2:06:00 On Replace-by-fee (RBF)2:13:40 Community comment of the week2:19:47 Rearden / Shinobi takes on BTC2:27:07 Confession time: NoPara, Shinobi & Roger Ver2:31:52 Question time2:32:23 Meme of the week2:34:36 Other news2:36:04 UK riots2:40:02 NoPara's message to the community2:40:55 Podcast supporter appreciation2:42:00 Shoutouts and outro
The truth About Bitcoin's Lightning Network - John Carvalho founder of synonym and bitkitwallet joins me to talk everything about what synonym is doing and what bitkitwallet is all about. We also discuss bitcoin ‘Layer 2 tokens,' lightning taproot assets and reactions on michael saylors comment alluding to how bitcoin should be predominantly held in the US. We cover a wide range of topics with a lot of info that will make you think. Don't miss this one! ✔ Special Guest/Fireside Chat: ► @BitcoinErrorLog ► @synonym_to ► https://synonym.to/ ► https://bitkit.to/ ► https://blocktank.to/ ► https://slashtags.to/ ✔ Twitter Handles: @coinicarus @AEHW1 ✔ ShoutOuts: ► @BitkoYinowsky - our PlebUnderground Logo ► @WorldofRusty - Our YT backgrounds and segment transitions ► @luckyredfish - Outro Graphic ► @plebsTaverne - Intro video ► @robbieP808x - Outro music ✔ Links Mentioned: ► https://timechaincalendar.com/en ► https://timechainstats.com/ ✔ Check out our Sponsor, support Bitcoin ONLY Businesses: ► https://cyphersafe.io/ We offer a full line of physical stainless steel and brass products to help you protect your bitcoin from various modes of failure. CypherSafe creates metal BIP39 / SLIP39 bitcoin seed word storage devices that backup your bitcoin wallet and protect them from physical disaster For Awesome pleb content daily http://plebunderground.com/ GM #Bitcoin (mon-fri 10:00 am ET) and The #Bitcoin Council of Autism Spaces on twitter Timecodes: 0:00 - Intro 01:23 - Numbers 03:37 - OG's Bitcoiners Didnt have it so easy 10:40 - Altcoin Narratives before ETH 18:01 - Bitcoin's Lightning network complexity 24:37 - What is Synonym? 26:07 - Bitkitwallet 41:42 - Michael Saylor: "The US Government should own the majority of the #Bitcoin in the world." 47:19 - Thoughts on the 'Michael saylor playbook' #Bitcoin #crypto #cryptocurrency #weekly The information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
John Carvalho is the CEO and founder of Synonym and has been in Bitcoin for over a decade. Right from the start, he knew he wanted to contribute to the ecosystem and dove head first into the technology. In this conversation with Relai CEO Julian Liniger, John shares his journey into Bitcoin, how he orange-pilled himself within a week, why he decided to found Synonym, and how their infrastructure contributes to growing the ecosystem. You can find John on X (Twitter) here:https://twitter.com/BitcoinErrorLog You can find out more about Synonym here: https://synonym.to/ — 00:00 - Intro 01:40 - How Silk Road influenced Bitcoin back in 2012 05:10 - Why did John decide to start working in Bitcoin 09:25 - Should there be a single Marketing entity in Bitcoin? 11:55 - Why does John think the spot Bitcoin ETFs are centralized? 14:20 - How large holders are an issue for the decentralization of Bitcoin 17:35 - Is there a way to scale Bitcoin to not lose small transactions on-chain? 23:00 - What scaling technology will be the go-to standard in the future? 28:15 - Why Lightning is the best scaling technology now, but we need to do better 36:00 - There will always be users or customers who want to use custodial services 42:25 - How do Julian and Relai rank stablecoins like Tether in the Bitcoin ecosystem? 47:15 - Are there incentives for users to use Bitcoin only in an app or with a service? 54:10 - How John revived RGB and why he decided to do so 56:25 - Why John doesn't believe that Splicing will work 58:21 - The main reason why John still works in Bitcoin 59:25 - John's Bitcoin allocation in his portfolio — Prefer to enjoy this show in audio format? Listen on Apple Podcast: https://podcasts.apple.com/at/podcast/relai-bitcoin-podcast/id1543267066 Listen on Spotify: https://open.spotify.com/show/06BdZid57RlCgBNsgr703A?si=5ec60cc680534b44 -- The opinions expressed on the show are the opinions of the individual guests and may not reflect the opinions of Relai AG. The information on the podcast may be changed without notice, and is not guaranteed to be correct, complete or up-to-date. -- Relai is Europe's easiest bitcoin investment app. The ‘Made in Switzerland' bitcoin investment app enables anyone in Europe to invest in bitcoin within minutes, without the need for registration, verification, or a deposit. You can buy bitcoin instantly or set up a weekly/monthly savings plan for as little as 25 CHF/EUR and invest in bitcoin automatically over time.
Connect The World EP104 | John Carvalho | Synonym | Portugal An English podcast where we guide you in the magic world of the Bitcoin Lightning Network.
As the CEO of Synonym, John Carvalho has experimented with many Bitcoin layers & protocols – including OmniBolt, Lightning & sidechains. In this episode, he explains what lessons he's learned and why he believes in more conservative ways to scale Bitcoin.
Car talks with John Carvalho, CEO of Synonym, a company dedicated to fostering Bitcoin adoption and envisioning a future where Bitcoin supersedes fiat currency. They explore the potential realities of a society free from the control of major financial, technological, and governmental institutions, discussing the role Bitcoiners play in shaping this desired future. John shares his insights on the importance of building on the Lightning Network and its implications for traditional financial systems like Visa. The conversation also covers Synonym's strategic approach to building a peer-to-peer economy, highlighting key projects like the BitKit wallet, Blocktank, and Slashtags and where they fit in their collaborative and competitive landscape. They delve into the broader implications of Bitcoin's growth post-ETF, halving events, and the concept of Bitcoin maximalism as it approaches near-universal adoption.Topics discussed:johns predictionslightning scalingvisahow to thinkbank techcustodial bitcoinlatest thingbitkit walletaestheticwallet builddependenciescompetitors collaboratorsblocktankslashtagswidgetspost etfbitrefillbitfinexbuildingpost halvingmaximalism 99%Follow the conversation for the ep on Stacker NewsFollow John on TwitterFollow Synonym on TwitterLearn more about SynonymLearn more about Bitkit walletContribute to the GitHub projectFind Car on NostrFollow Car on SNZap Thriller on FountainThriller links:Subscribe to ThrillerSubscribe to Thriller podFollow Thriller Bitcoin on NostrFollow Thriller Bitcoin on TwitterFollow Thriller Bitcoin on YouTube & Zap.StreamAdvertise with Thriller
“Within the Bitcoin mission, all of that stuff is a LARP. There is no gray; it's entirely black or white. You're either self-sovereign, or you're not…if you want to have conversations about banking technology, custody technology, if that's your interest, great. Just leave it out of my Bitcoin conversation.”— John CarvalhoGiacomo Zucco is a Bitcoin educator, John Carvalho is CEO of Synonym, and Matt Corallo is a Bitcoin Core developer and open-source engineer at Block/Spiral. In this interview, we discuss how to scale Bitcoin while maintaining self-sovereignty.- - - - The best way to scale Bitcoin has been a hot topic since its inception. Whether it be through Bitcoin-backed banks as Hal Finney suggested back in 2010, increasing the throughput on the Bitcoin blockchain, layer 2 solutions like the Lightning Network, or federated custodian options like Fedimints.Over the past year, the surge in Bitcoin transaction fees, largely attributed to the emergence of BRC20 tokens, ordinals, and inscriptions, has once again brought the topic of scaling Bitcoin to the forefront of conversation. High fees have priced smaller transactions out of the market, and the Lightning Network, hailed as a potential solution to scalability challenges, has faced some initial hurdles.The different scaling solutions all have different trade-offs. Trustlessness and trust minimization are key tenets of Bitcoin, ensuring that users do not need to trust any central authority or third party. The Lightning Network aligns with these principles as it enables trustless, peer-to-peer transactions, reducing the need for custodial services and enhancing individual control over funds.While Bitcoin's primary focus is on decentralization and self-sovereignty, some developments, such as the concept of the "Wallet of Satoshi" or Bitcoin ETFs, aim to make Bitcoin more accessible and user-friendly to a broader audience. Wallet of Satoshi is a custodial Lightning wallet designed to simplify the user experience, while Bitcoin ETFs provide a means for traditional investors to gain exposure to Bitcoin without directly holding the asset. These developments have the potential to expand Bitcoin's adoption, but may raise concerns about centralization and counterparty risk.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidenceBitcoin Atlantis - A Bitcoin conference in the AtlanticSwan Bitcoin - Invest in Bitcoin with Swan-----WBD758 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Giacomo Zucco is a Bitcoin educator, John Carvalho is CEO of Synonym, and Matt Corallo is a Bitcoin Core developer and open-source engineer at Block/Spiral. In this interview, we discuss how to scale Bitcoin while maintaining self-sovereignty. - - - - The best way to scale Bitcoin has been a hot topic since its inception. Whether it be through Bitcoin-backed banks as Hal Finney suggested back in 2010, increasing the throughput on the Bitcoin blockchain, layer 2 solutions like the Lightning Network, or federated custodian options like Fedimints. Over the past year, the surge in Bitcoin transaction fees, largely attributed to the emergence of BRC20 tokens, ordinals, and inscriptions, has once again brought the topic of scaling Bitcoin to the forefront of conversation. High fees have priced smaller transactions out of the market, and the Lightning Network, hailed as a potential solution to scalability challenges, has faced some initial hurdles. The different scaling solutions all have different trade-offs. Trustlessness and trust minimization are key tenets of Bitcoin, ensuring that users do not need to trust any central authority or third party. The Lightning Network aligns with these principles as it enables trustless, peer-to-peer transactions, reducing the need for custodial services and enhancing individual control over funds. While Bitcoin's primary focus is on decentralization and self-sovereignty, some developments, such as the concept of the "Wallet of Satoshi" or Bitcoin ETFs, aim to make Bitcoin more accessible and user-friendly to a broader audience. Wallet of Satoshi is a custodial Lightning wallet designed to simplify the user experience, while Bitcoin ETFs provide a means for traditional investors to gain exposure to Bitcoin without directly holding the asset. These developments have the potential to expand Bitcoin's adoption, but may raise concerns about centralization and counterparty risk. - Show notes: https://www.whatbitcoindid.com/podcast/scaling-bitcoin-with-zucco-carvalho-corallo This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your Bitcoin with confidence Bitcoin Atlantis - A Bitcoin conference in the Atlantic SwanBitcoin - Invest in Bitcoin with Swan
Building the Bitcoin Ecosystem: A Post-Hyperbitcoinization VisionJohn Carvalho, CEO of Synonym, discusses the underpinnings of Synonym, a venture that promises a comprehensive ecosystem for an alternative society and economy post-hyperbitcoinization. Synonym's design principles hinge on leveraging Bitcoin, Lightning, and HyperCore as foundational technologies, steering clear of bloated blockchains to create a more streamlined, efficient, and sovereign web experience.Block Tank and LSP: Enhancing Lightning ReliabilitySynonym's project, Block Tank, seeks to improve the Lightning Network's reliability and usability. As an LSP (Lightning Service Provider) service, Block Tank aims to simplify business onboarding and wallet functionality, with the broader ambition of fostering a healthy Lightning Network ecosystem through interoperability specifications. John envisions bitcoin not just as a currency, but as a catalyst for self-regulatory mechanisms, effectively replacing centralized entities in finance and communication.Slashtags: A New Primitive for Trust and IdentityAt the heart of Brad and John's discussion is Slashtags, a technology set to revolutionize peer-to-peer web solutions. By incorporating HyperCore, Slashtags aim to dismantle reliance on major tech firms, paving the way for decentralized search, publishing, and communications. This component aligns with John's perspective on a self-regulating society free from government intervention, where reputation and web of trust frameworks can flourish.Reflections on the Bitcoin Maximalist EthosA self-proclaimed critical thinker and bitcoin maximalist, John discards the belief that the bitcoin blockchain serves any purpose beyond handling bitcoin transactions. His approach is a testament to the power of innovation without reliance on blockchain technology for all solutions. This mindset is what propels Synonym to build technologies that enable a wide range of applications without compromising on decentralization.In his reflections, John criticizes the deceptive narratives that often engulf the crypto space, especially during bull markets. He challenges the baseless elevation of blockchain as a catch-all solution and emphasizes the importance of addressing actual problems over pursuing quick riches.Innovating with IntegrityDespite John's bitcoin maximalism, he recognizes the need for interoperability with other blockchain platforms. The acknowledgment of practical solutions over blockchain orthodoxy indicates a balanced approach toward the evolving landscape of decentralized finance.In this conversation between Brad Mills and John Carvalho, we gain insights into an alternative societal vision grounded in bitcoin's philosophy. Synonym stands as an exemplar of how technology should be wielded: to empower, not exploit. As John and Synonym pave the way, this episode serves as a reminder that the future of the web and finance is not tied to blockchain ubiquity but rather to the thoughtful application of decentralized principles.Time Stamps[00:04:46] Bitcoin dismantles existing systems[00:09:03] Web3: incentivize app usage, corrupt with tokens[00:14:48] Narrative war persists, shitcoiners won't quit[00:24:58] Stablecoins used for escaping inflation in fiat[00:32:51] Changes in history result in new blockchain[00:42:10] Limitations and risks of private peer-to-peer communication[00:46:35] Multi coin wallets face interoperability challenges[00:55:49] Names can be changed but keys remain[01:02:38] Better decision making through digital trust tools[01:08:10] Slashtag beta version has bugs but functional[01:12:12] AI: potential for privacy issues, censorship, monopoly[01:23:14] Bitcoin keys[01:28:01] Be skeptical of lost keys and create backupsFind John CarvalhoJohn Carvalho on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook
Joining the show on its
“You should never accept a Bitcoin change if it doesn't fix a problem that you have, there's just no reason; if that new softfork doesn't contain something you need, why would you support it?”— John CarvalhoJohn Carvalho is CEO of Synonym, a Bitcoin and Lightning Network service provider. In this interview, we discuss the potential impact of ETFs, the culture of Bitcoin developers, and the risks associated with AI technology. We also talk about the importance of understanding and investing in the Bitcoin protocol, the inefficiency in how relays are handled in the Bitcoin community, and the vision of Synonym for a post-Bitcoin digital economy.- - - - John Carvalho is one of the Bitcoin industry's best advocates because of his unwavering commitment to its ideology and his high standards regarding its treatment and development. The last time I interviewed him was over three and a half years ago, so it was an honour to have him back on the podcast to ask him about a variety of current issues important to the Bitcoin community. The first topic of discussion was Bitcoin ETFs, which John sees this as a corrupting force within the Bitcoin community; he criticises Bitcoiners who only support things they think will increase the value of their holdings. John also fears ETFs could be used by the state or major banks to manipulate the price of Bitcoin. Instead of buying ETFs, he believes people should educate themselves about holding the underlying asset themselves. John also raises concerns about the increasing fragmentation within the Bitcoin community and how it may be dangerous for the base ethos of Bitcoin. He mentions that the culture of the Bitcoin mailing list has changed, with newer members constantly pushing for complexity and change. He explains that engineers are focused on solving their own problems rather than addressing the needs of Bitcoin users. We discuss the cultural issues among Bitcoin developers. John suggests some experienced developers may be tired after years of battling and facing criticism. Also, younger developers may be trying to make a name for themselves and leave their mark on Bitcoin, which could contribute to the cultural problem. John acknowledges that not all core developers exhibit this behaviour, but he has had private conversations with some who confirm his observations.John then brings up his interest in AI development, particularly in using ChatGPT and Midjourney. He mentions seeing both opportunities and fears in the fast-moving AI field. John also explains the concept of the atomic economy, which is Synonym's vision for a post-Bitcoin digital economy. He emphasises that it's not just about hyper-bitcoinization, but about creating a mental model for what replaces big tech, big banks, and big state.- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidenceOrange Pill App - Stack friends who stack satsSwan Bitcoin - Invest in Bitcoin with Swan-----WBD744 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
John Carvalho is CEO of Synonym, a Bitcoin and Lightning Network service provider. In this interview, we discuss the potential impact of ETFs, the culture of Bitcoin developers, and the risks associated with AI technology. We also talk about the importance of understanding and investing in the Bitcoin protocol, the inefficiency in how relays are handled in the Bitcoin community, and the vision of Synonym for a post-Bitcoin digital economy. - - - - John Carvalho is one of the Bitcoin industry's best advocates because of his unwavering commitment to its ideology and his high standards regarding its treatment and development. The last time I interviewed him was over three and a half years ago, so it was an honour to have him back on the podcast to ask him about a variety of current issues important to the Bitcoin community. The first topic of discussion was Bitcoin ETFs, which John sees this as a corrupting force within the Bitcoin community; he criticises Bitcoiners who only support things they think will increase the value of their holdings. John also fears ETFs could be used by the state or major banks to manipulate the price of Bitcoin. Instead of buying ETFs, he believes people should educate themselves about holding the underlying asset themselves. John also raises concerns about the increasing fragmentation within the Bitcoin community and how it may be dangerous for the base ethos of Bitcoin. He mentions that the culture of the Bitcoin mailing list has changed, with newer members constantly pushing for complexity and change. He explains that engineers are focused on solving their own problems rather than addressing the needs of Bitcoin users. We discuss the cultural issues among Bitcoin developers. John suggests some experienced developers may be tired after years of battling and facing criticism. Also, younger developers may be trying to make a name for themselves and leave their mark on Bitcoin, which could contribute to the cultural problem. John acknowledges that not all core developers exhibit this behaviour, but he has had private conversations with some who confirm his observations. John then brings up his interest in AI development, particularly in using ChatGPT and Midjourney. He mentions seeing both opportunities and fears in the fast-moving AI field. John also explains the concept of the atomic economy, which is Synonym's vision for a post-Bitcoin digital economy. He emphasises that it's not just about hyper-bitcoinization, but about creating a mental model for what replaces big tech, big banks, and big state. - Show notes: https://www.whatbitcoindid.com/podcast/the-road-to-digital-serfdom This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence OrangePillApp - Stack Friends Who Stack Sats SwanBitcoin - Invest in Bitcoin with Swan
In this special episode we're uncovering last-minute strategies that will supercharge your holiday campaigns. Sneha Suhas is joined by programmatic experts, John Carvalho and Aarjav Thakore from StackAdapt, to discuss actionable tips and tailored strategies that will make this holiday season your most successful yet.
LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of the broken and defeated Lightning network? I bet you did, but did anyone you heard it from actually know how it worked?... Probably not. That's what we dive into today, trying to make sense of the new Lightning exploit, how it works, the risk, and whether or not the sky is falling. Find out in today's Guy's Take episode. A shout out to Shinobi, Matt Corallo, John Carvalho, and numerous people on the mailing lists and other platforms who helped to throughly explain this bug so that I could make some sense out of it. Major thanks to our amazing sponsors who keep this show alive: 9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold Don't forget to check out Prodcast.io and keep an ear out for Lyn Alden's incredible book coming soon to Audible! ---------------------------------------------------------------------- "It is better to be hated for what you are, than to be loved for what you are not." — Andre Gide --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of the broken and defeated Lightning network? I bet you did, but did anyone you heard it from actually know how it worked?... Probably not. That's what we dive into today, trying to make sense of the new Lightning exploit, how it works, the risk, and whether or not the sky is falling. Find out in today's Guy's Take episode. A shout out to Shinobi, Matt Corallo, John Carvalho, and numerous people on the mailing lists and other platforms who helped to throughly explain this bug so that I could make some sense out of it. Major thanks to our amazing sponsors who keep this show alive: 9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold Don't forget to check out Prodcast.io and keep an ear out for Lyn Alden's incredible book coming soon to Audible! ---------------------------------------------------------------------- "It is better to be hated for what you are, than to be loved for what you are not." — Andre Gide --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Torna il BIP SHOW con la sua programmazione tradizionale per commentare tutte le novità del mondo Bitcoin. Si infiamma il dibattito sulle drivechain e sul famigerato BIP300, Rikki ci riporta tutti i pettegolezzi raccolti durante le due principali conferenze estive, la Surfin Bitcoin e la Baltic Honeybadger, l'università di Cambridge rivede al ribasso le stime del consumo energetico del mining e... abbiamo un nuovo CLAMOROSO annuncio per voi! Siete pronti?It's showtime!
How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
John is the President of Stone Oak Capital Inc., an M&A advisory firm. For over 20 years, John has executed numerous valuations, financings, acquisitions and divestitures in various industries. John is also the co-founder of Divestopedia, the leading online educational resource on mid-market M&A.He emphasizes the need for focus and specialization, as well as the value of learning from personal experiences in acquiring and winding down businesses. Carvalho also highlights the role of corporate acquirers in the market and the opportunities they have to provide fair and attractive offers to sellers.Watch it on Youtube: https://youtu.be/0j_RxkFvkmY--------------------------------------------------Contact John onLinkedin: https://www.linkedin.com/in/johnpcarvalho/Website: https://stoneoakcapital.com/--------------------------------------------------Big Shout Out to our new Primary Sponsor - Reconciled! Their team of skilled professionals is ready to empower you to grow your business and prepare for a successful exit. Find out more at https://Reconciled.com. #Partnership #BusinessGrowthHow2Exit is part of ITX's Channel Partner Network! -Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we'll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/
È bufera su Ledger dopo che l'azienda annuncia un nuovo servizio che offre ai clienti la possibilità di cedere la custodia delle chiavi private ad un servizio cloud based. Analiziamo con cura di cosa si tratta e vediamo perché è una pessima idea.Una versione modificata di un Trezor ci consente di parlare dei supply chain attack e di come comportarsi per mitigare i rischi.Inoltre: la chiave del successo di Bitcoin non è nella sua ideologia ma nella sua implementazione all'interno di applicazioni terze e servizi. Vediamo perché i Lightning Service Provider e i Software Development Kit sono la chiave per la vittoria.It's showtime!
The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn't "on chain," and what are the best tools to start exploring? All this and much more in today's show. Here are the many links for further exploration and learning to dive into: Wallets and Apps to check out: Phoenix Wallet: https://phoenix.acinq.co/ Breez | The Interface of the Lightning Economy: https://breez.technology/ Fountain | The podcast app that pays: https://www.fountain.fm/ Alby: Your Bitcoin & Nostr companion for the web: https://getalby.com/ Stacker news: https://stacker.news/ Zeus: Bitcoin payments your way: https://zeusln.app/ Episodes to listen to: Chat_74 - Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089 Read_699 - What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375 Read_701 - Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878 Fiat to Lightning Services: Strike: https://strike.me/ River Financial: https://river.com/app Cash App: https://cash.app/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "Nobody ever figures out what life is all about, and it doesn't matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough." — Richard P. Feynman Learn more about your ad choices. Visit megaphone.fm/adchoices
The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn't "on chain," and what are the best tools to start exploring? All this and much more in today's show. Here are the many links for further exploration and learning to dive into: Wallets and Apps to check out: Phoenix Wallet: https://phoenix.acinq.co/ Breez | The Interface of the Lightning Economy: https://breez.technology/ Fountain | The podcast app that pays: https://www.fountain.fm/ Alby: Your Bitcoin & Nostr companion for the web: https://getalby.com/ Stacker news: https://stacker.news/ Zeus: Bitcoin payments your way: https://zeusln.app/ Episodes to listen to: Chat_74 - Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089 Read_699 - What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375 Read_701 - Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878 Fiat to Lightning Services: Strike: https://strike.me/ River Financial: https://river.com/app Cash App: https://cash.app/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "Nobody ever figures out what life is all about, and it doesn't matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough." — Richard P. Feynman Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
John Carvalho is the CEO of Synonym, a company working on a number of Bitcoin and identity products and protocols including their Bitkit wallet, their Blocktank LSP, their Slashtags protocol, and their collaboration with Holepunch on Pear Credit. In our conversation we talked about the business case for building an LSP, the unique features of Bitkit, the vision for Pear Credit, and the identity landscape with overlapping protocols in Slashtags, TBD, and Nostr. → Synonym: https://synonym.to/ Sponsors → Voltage: https://stacksats.how/voltage → Stakwork: https://stacksats.how/stakwork This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats. The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm. → Fountain: https://www.fountain.fm/ → More Episodes: https://www.stacksats.how/podcast → Lightning Address: ⚡kerooke@fountain.fm Links → Stack Sats: https://www.stacksats.how/ → Twitter: https://twitter.com/kerooke → Books: https://www.kevinrooke.com/book-recommendations → Bitcoin News: https://stacker.news/r/kr Timestamps 00:00 - Intro 02:47 - John Carvalho Intro 05:05 - Blocktank and the LSP Business 13:22 - Demand for Lightning Network Liquidity 32:52 - Regulations and the Lightning Network 41:24 - Removing IP Addresses from the Lightning Protocol 43:59 - How The BitKit Wallet Works 1:02:23 - The Vision for Pear Credit 1:16:01 - Tokens on the Internet 1:27:59 - How Slashtags Works 1:36:53 - Slashtags vs. TBD 1:46:04 - Can Multiple Web Identity Systems Succeed? 1:58:42 - The Lightning Round
Noveno día de la aventura a Buenos Aires y San Salvador (BASS). Segundo día de Adopting Bitcoin con ilustres salvadoreños, John Carvalho, Juan Galt y más. Este viaje es posible gracias a estas empresas bitcoiners: Compra bitcoin en HodlHodl https://bit.ly/hodlhodl-luna Vive con bitcoin gracias a https://bit.ly/Bitrefill_Luna Protege tu tráfico online con IVPN https://tiny.one/IVPNLuna Utiliza bitcoin en tu día https://bit.ly/Muun_luna
Join Marty as he sits down with John Carvalho, CEO of Synonym to discuss Bitkit, Hypercore, and Slashtags, before later diving into into the RBF controversy. Follow John on Twitter Check out Synonym And Bitkit Shoutout to our sponsors: Unchained Capital Braiins HodlHodl Upstream Data TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast
È iniziata ufficialmente la Mission Central America 2022 e questo è il primo episodio del BIP SHOW registrato con Rikki in El Salvador.Il primo impatto con il paese di Bitcoin legal tender, dopo un anno e mezzo dall'entrata in vigore della legge, non è stato dei migliori. Tanti problemi e adozione nettamente in calo. Vi raccontiamo perché grazia al nostro inviato speciale.Inoltre dipaniamo la questione relativa a mempoolfullrbf, spiegandovela nel dettaglio e analizzando le possibili conseguenze. Non possiamo ovviamente non commentare l'ennesima rektata dura per gli amanti del mondo criiiipto e bloccein. FTX non c'è più. Avanti il prossimo.It's showtime!
Today we bring John Carvalho back on to talk about Bitkit and the release of Synonym's first major product in the BitKit wallet and Slashtags. Re-Decentralizing the internet with serverless identities, default encryption, and where your Bitcoin seed is the key to your online kingdom. The first lego blocks of a potentially massive ecosystem. Download the Bitkit wallet in beta to check out slashtags & their intuitive wallet experience, as well as the other links below to explore more of what is possible in a P2P future that could alter our relationship with the networks that connect us. Add me on BitKit! slash:qhagr5jxmir5szaosn4i1wthfs7opbie777rps6e71x84trneogo Check out the links mentioned in the episode of all the tools that are building the foundation of this new ecosystem: https://slashtags.to/ https://synonym.to/ https://bitkit.to/ https://keet.io/ Check out our amazing sponsors and the products that Guy uses most in the space: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) ----------------------- "Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race." - Calvin Coolidge Learn more about your ad choices. Visit megaphone.fm/adchoices
Today we bring John Carvalho back on to talk about Bitkit and the release of Synonym's first major product in the BitKit wallet and Slashtags. Re-Decentralizing the internet with serverless identities, default encryption, and where your Bitcoin seed is the key to your online kingdom. The first lego blocks of a potentially massive ecosystem. Download the Bitkit wallet in beta to check out slashtags & their intuitive wallet experience, as well as the other links below to explore more of what is possible in a P2P future that could alter our relationship with the networks that connect us. Add me on BitKit! slash:qhagr5jxmir5szaosn4i1wthfs7opbie777rps6e71x84trneogo Check out the links mentioned in the episode of all the tools that are building the foundation of this new ecosystem: https://slashtags.to/ https://synonym.to/ https://bitkit.to/ https://keet.io/ Check out our amazing sponsors and the products that Guy uses most in the space: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy) ----------------------- "Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race." - Calvin Coolidge Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
John Carvalho visits the Bitcoin Magazine Podcast to break down building on top of Bitcoin, Bitcoin Philosophy, and what is happening with the lightning network right now. Lower your time preference and lock-in your BITCOIN 2023 conference tickets today! Use the code BMLIVE for a 10% Discount! https://b.tc/conference/2023 Use promocode: BMLIVE for 10% off everything in our store! https://store.bitcoinmagazine.com/
This episode features John Carvalho, CEO of Synonym, a company using Bitcoin and new protocol, Slashtags, to reboot the web & economy. To view the show transcript, complete guest bios and links mentioned in the episode take a look below or go to advancetechmedia.org and click the episode title.
Un tweet di John Carvalho crea polemica nel mondo dello sviluppo di Bitcoin: se andiamo avanti ad aggiornare il protocollo in maniera forsennata rischiamo di romperlo.È davvero così? Stiamo parlando di un rischio concreto?Inoltre: il crollo della sterlina inglese porta Bank of England a stampare valuta e gli acquisti di BTC nel regno si impennano, il volume del trading sugli NFT crolla del 97% e parliamo dei tanti paradossi insiti in Bitcoin.Senza dimenticare un ANNUNCIO INCREDIBILE, che molti di voi #BIPers vorrete cogliere al volo.It's showtime!!!
Today's episode is for anybody who ever plans to sell a company. Most entrepreneurs will sell a business once in their entire careers (if they're lucky), and as a result many understandably don't have a lot of context or experience in the finer points of exiting, specifically when it comes to how to select an M&A advisor. Most advice that I've come across in this domain is frankly too high level to be useful, so today I wanted to get really detailed on how to select an M&A advisor, how much you should expect to pay them, what's included & excluded from the fees that they charge, and other critical contractual terms you should be aware of before hiring one of them. To help us answer some of these questions, I'm joined today by John Carvalho. John is the President of Stone Oak Capital, an M&A advisory firm that focuses exclusively on middle market businesses, with a specific focus on transactions between $10 and $100 million. John is also the Founder of Divestopedia. Since its inception in 2012, Divestopedia has become THE place to go for anybody contemplating selling their company: It contains a dictionary of more than 500 M&A related terms, thousands of articles on the exit process, and is now one of the world's leading online resources for selling a mid-sized business. In addition to his experience advising CEOs, John is also an entrepreneur himself, having co-founded Wolverine Energy Services Inc. in 2012 with an initial acquisition of a $5 million revenue oilfield services company. From the first acquisition to 2020, John and his business partner acquired 16 more businesses, grew revenue to $240 million and took the company public.
John Carvalho, Bitcoin OG and founder of Synonym joins me to cover Bitcoin is a "Game". - A definition of Bitcoin, not a metaphor. - Bitcoin is not money, not energy, not a battery. - Which Metaphors are useful? - Religion & evolution. - Consuming Reality - Awareness / Consciousness - Becoming an UberMensch And we dug into the company he's founded, which I think is one of the most important in Bitcoin: Synonym New primitives for the web. Web of Trust Building the protocol, applications, or both? And much more. Follow John's work at: @BitcoinErrorLog @Synonym_to https://synonym.to/ ____________________________________ Thanks again for listening. Subscribe on Fountain, YouTube, Anchor, Spotify, iTunes, etc: https://play.fountain.fm/show/KGEglVpdWo4zXQWR3X7G https://anchor.fm/wakeuppod https://www.youtube.com/c/WakeUpPod https://rumble.com/c/c-1677935 You can follow my work at: - Linktree.com/Svetski - Twitter @GhostOfSvetski - IG @AleksSvetski - https://svetski.medium.com - https://bitcoinmagazine.com/authors/aleksandarsvetski Check out the new book: UnCommunist.com More coming soon!
John Carvalho, Bitcoin OG and founder of Synonym joins me to cover "Unpopular Opinions" in Bitcoin. Including: - There are no free markets - Bitcoin is not divisible - All scaling debases someone - Reverse Cantillon Effect - Hard forks VS soft forks - Raising the block size limit - Segwit & Taproot John has a knack for challenging people's ideas and this is one of those shows. You're going to learn alot. Follow John's work at: @BitcoinErrorLog @Synonym_to https://synonym.to ____________________________________ Thanks again for listening. Subscribe on Fountain, YouTube, Anchor, Spotify, iTunes, etc: https://play.fountain.fm/show/KGEglVpdWo4zXQWR3X7G https://anchor.fm/wakeuppod https://www.youtube.com/c/WakeUpPod https://rumble.com/c/c-1677935 You can follow my work at: - Linktree.com/Svetski - Twitter @GhostOfSvetski - IG @AleksSvetski - https://svetski.medium.com - https://bitcoinmagazine.com/authors/aleksandarsvetski Check out the new book: UnCommunist.com More coming soon!
JOIN the free Discord channel - https://bit.ly/freeMADdiscord ADD to the production fund! - https://bit.ly/ily3000thanks This is I Love You 3000 Minutes & we're diving into the 22nd minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
JOIN the free Discord channel - https://bit.ly/freeMADdiscord ADD to the production fund! - https://bit.ly/ily3000thanks This is I Love You 3000 Minutes & we're diving into the 21st minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
JOIN the free Discord channel - https://bit.ly/freeMADdiscord ADD to the production fund! - https://bit.ly/ily3000thanks This is I Love You 3000 Minutes & we're diving into the 20th minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
JOIN the free Discord channel - https://bit.ly/freeMADdiscord ADD to the production fund! - https://bit.ly/ily3000thanks This is I Love You 3000 Minutes & we're diving into the 19th minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
This is I Love You 3000 Minutes & we're diving into the 18th minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
Phil talks with Guy Swann and John Carvalho about BIP 119 OP_CTV, a potential soft fork to the Bitcoin protocol. The three discuss: - what this is, does, and why (if) we need it - the pros and cons - FUD - alternative solutions - comparing this vs Taproot soft fork/speedy trial - and the possible game theory consequences we haven't considered yet (and if this has been covered in the past like every other FUD issue in Bitcoin) and then some... Check out the BitBox02 Hardware Wallet Go to https://shiftcrypto.ch/bitcoinmadesimple and use the promo code "bitcoinmadesimple" to get 5% off standard products. Movies Plus - go to www.myMoviesPlus.com for a Free 30 Day Trial Now live on MOVIES PLUS are the documentaries "Bitcoin FUD", "Bitcoin: The End of Money as We Know It", and "Cryptopia: Bitcoin, Blockchains and the Future of the Internet." Watch them all, ad free, with your Movies Plus trial. Bitcoin Day www.bitcoinday.io use promo code BMS to get a discount on your tickets to a Bitcoin Day event near you. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Check out my latest article published on Bitcoin Magazine, WHY JEROME POWELL'S POLICIES ARE BULLISH FOR BITCOIN and... BITCOIN BLOWBACK: A HISTORY OF DOLLAR HEGEMONY, ECONOMIC WARFARE AND A BRIGHT ORANGE ALTERNATIVE Send me a tip on Strike @pgibs Check out my music video"ETF" HERE Join the band at ETF615.com Citadel21 Volume 6 https://www.citadel21.com/etf-economic-earworms-of-the-sound-money-revolutionhttps://www.citadel21.com/ To learn more about Bitcoin fundamentals... Go to: bitcoinonepager.com Rate, Subscribe, and Review the show, and share it with someone who's curious about Bitcoin and needs a place to start.
Phil talks with Guy Swann and John Carvalho about BIP 119 OP_CTV, a potential soft fork to the Bitcoin protocol. The three discuss: - what this is, does, and why (if) we need it - the pros and cons - FUD - alternative solutions - comparing this vs Taproot soft fork/speedy trial - and the possible game theory consequences we haven't considered yet (and if this has been covered in the past like every other FUD issue in Bitcoin) and then some... Check out the BitBox02 Hardware Wallet Go to https://shiftcrypto.ch/bitcoinmadesimple and use the promo code "bitcoinmadesimple" to get 5% off standard products. Movies Plus - go to www.myMoviesPlus.com for a Free 30 Day Trial Now live on MOVIES PLUS are the documentaries "Bitcoin FUD", "Bitcoin: The End of Money as We Know It", and "Cryptopia: Bitcoin, Blockchains and the Future of the Internet." Watch them all, ad free, with your Movies Plus trial. Bitcoin Day www.bitcoinday.io use promo code BMS to get a discount on your tickets to a Bitcoin Day event near you. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Check out my latest article published on Bitcoin Magazine, WHY JEROME POWELL'S POLICIES ARE BULLISH FOR BITCOIN and... BITCOIN BLOWBACK: A HISTORY OF DOLLAR HEGEMONY, ECONOMIC WARFARE AND A BRIGHT ORANGE ALTERNATIVE Send me a tip on Strike @pgibs Check out my music video"ETF" HERE Join the band at ETF615.com Citadel21 Volume 6 https://www.citadel21.com/etf-economic-earworms-of-the-sound-money-revolutionhttps://www.citadel21.com/ To learn more about Bitcoin fundamentals... Go to: bitcoinonepager.com Rate, Subscribe, and Review the show, and share it with someone who's curious about Bitcoin and needs a place to start. --- Support this podcast: https://anchor.fm/bitcoinmadesimple/support
This is I Love You 3000 Minutes & we're diving into the 17th minute of The Incredible Hulk to see what secrets the Infinity Saga still holds for us (& assume all links are affiliate links)
English podcast: Last week, Synonym published a video where we saw the first USDT Lightning channel and transaction. To talk about it I had a virtual coffee with Synonym's CEO, John Carvalho, and we spoke about many interesting topics: Does Omnilayer work as colored coins? What is OmniBolt? What did we see happening in this video? How USDT LN will grow LNBTC - LNUSDT Atomic Swaps And to finish, John's opinion on CFDLC stablecoins Links: Synonym website: https://synonym.to/ Synonym Twitter: https://twitter.com/Synonym_to John's Twitter: https://twitter.com/BitcoinErrorLog A big thank you to all my spanish podcast: HodlHodl, Braiins, IVPN, Bitrefill y Lend More info about the show: https://twitter.com/lunaticoin
John Carvalho, Founder of Synonym joins me to talk about Slashpay and SlashTags, an ambitious attempt to dramatically smooth the process of exchanging bitcoin addresses or lightning invoices. What kind of things does this enable? We discuss: Competing standards in Bitcoin How it would work Updating and revocation of SlashTags What other things are enabled by this public keypair approach Why not use a blockchain Putting tether USD on lightning Synonym Links: Slashpay Twitter thread: https://twitter.com/Synonym_to/status/1498021273255002115 Site: https://synonym.to/ John's Twitter: https://twitter.com/BitcoinErrorLog John's Podcast: http://thebiz.pro/ Sponsors: Swan Bitcoin Hodl Hodl Lend Compass Mining Braiins.com Unchained Capital (code LIVERA) CoinKite.com(code LIVERA) Stephan Livera links: Show notes and website Follow me on Twitter @stephanlivera Subscribe to the podcast Patreon @stephanlivera
Location: Skype Date: Friday, 6th March Project: New project coming soon… Role: N/A Welcome to the Beginner's Guide to Bitcoin. Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing. Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world. The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift. Beginner's Guide Part 17- Fuck You, Bitcoin! with John Carvalho Bitcoin is not only the best version of decentralised money the world has seen; it is the best money the world has seen. It takes power away from centralised authorities and allows individuals to transact with whomever they want. With Bitcoin, nobody can confiscate your money, and the protocol has a clear set of rules that everyone on the network can see and follow. The Bitcoin protocol is robust, secure and self-governing, and with that, Bitcoin is ‘fuck you' money. If a centralised powers want to seize your Bitcoin or stop payment, Bitcoin empowers individuals to say fuck you in a way that has never been seen before. Regardless of politics, economic uncertainty or almost any event imaginable, every 10 minutes Bitcoin continues to produce blocks, giving individuals the freedom to use it how they choose. In Part 17 of the Beginner's Guide to Bitcoin, I talk to John Carvalho. We discuss removing power from governments, why altcoins are a poor investment, and why Bitcoin is ‘fuck you' money.