Podcasts about ordinals

0xBunzy discusses how Bitcoin's limitations drive innovation in developer tools and censorship-resistant art storage.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.comWelcome back to Bitcoin Season 2! Today, @0xBunzy, Bitcoin developer and creator of foundational tools, joins us to talk about Laser Eyes, the open source wallet connection library that's become essential infrastructure; Beat Blocks, an inscription tool for putting music on Bitcoin's blockchain; and why Bitcoin's constraints spark the most creative innovations in art and developer tooling.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNOTES:• Opus codec compresses 40% smaller than MP3• Multiple major apps now use Laser Eyes• npm installs track Bitcoin dev growth• Beat Blocks uses recursive inscriptions• P5 library enables high-quality visuals• Bitcoin friction creates better artTimestamps:00:00 Start01:11 How does Bunzy explain his job?02:49 Laser Eyes06:39 Modulat wallet construction08:39 Beat Blocks14:24 Browser UI experience16:41 Art on Bitcoin as culture20:32 Wrap up-

Bitcoin treasury strategies are all the rage, but are they actually sustainable?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comWelcome back to Bitcoin Season 2! Today, Colin and Charlie talk about the explosive growth of Bitcoin treasury companies and their financial engineering strategies. They break down Strategy's convertible debt playbook, examine why these companies trade at premiums to their Bitcoin holdings, and debate whether this trend is sustainable or an elaborate house of cards waiting to collapse.Subscribe to the newsletter! https://newsletter.blockspacemedia.com**Notes:**• MicroStrategy holds 592,100 Bitcoin• Q1 2025 revenue: $111 million • Convertible notes have 0-1% interest rates• Bitcoin needs to drop way low for liquidation• Preferred shares pay 8-10% dividends• Annual obligations: $10-20 billionTimestamps:00:00 Start02:59 Strategy (formerly micro)10:42 Types of companies15:13 Preferred stock24:57 Closed end fund dynamics-

Jeremy discusses his Miami Bitcoin office, building a staking platform directly into Bitcoin client, redesigning Bitcoin script entirely, CTV endorsement process, and why Bitcoin should make users feel dramatically more free on the day they start using it.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comJeremy Rubin joins us to talk about his secretive Miami Bitcoin office building Polybeam bridge and a Bitcoin staking platform, his controversial ideas for redesigning Bitcoin script entirely using RISC-V instead of the current "crappy programming language," his CTV endorsement process and why CAT proposals fell short, plus his theory on optimal soft fork activation timing to avoid holidays and summer vacations.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNotes:• Building Bitcoin staking platform into core client• Polybeam bridge connects Bitcoin to StarkNet• CTV endorsement process received few submissions• Recommends 10 megabytes memory for new script• Early November best time for soft fork activation• In-person work more effective than remoteTimestamps:00:00 Start01:39 Working from home03:10 Jeremy's secret project04:17 Polybeam05:28 Char & Bitcoin staking07:11 Staking within the client09:58 Whiteboarding at OP_NEXT11:47 64 byte transactions28:49 Drama & Kanye30:52 CTV36:54 Softfork activation (the human version)45:21 Best day of life-

Charlie and Colin demolish every popular Bitcoin price model - stock-to-flow, rainbow charts, power law, and Metcalfe's law. Why they're all wrong and what might actually work this cycle.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin break down every major Bitcoin price prediction model and explain why they're all fundamentally flawed. From Plan B's broken stock-to-flow to Giovanni's power law obsession, rainbow charts, and Metcalfe's law - we expose the problems with each approach and introduce Charlie's new "institutional structured bid corridor" theory for this cycle.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNOTES:• Stock-to-flow predicted $1M by 2025 - failed• Rainbow chart undefeated since 2013• Power law predicts $100K by 2028 latest • Metcalfe's law broken by ETF adoption• Hyper-bitcoinization chart shows $100B BTC• Institutional money creating price channelsTimestamps:00:00 Start00:34 Price Models02:09 Stock to Flow10:48 Rainbow Chart14:59 Arch Network15:31 Power Law21:40 Metcalfe's Law28:03 Hyperbitcoinization Model30:47 Institutional Structure Bid Corridor Model-

Nick from Gamma explains how Bitcoin ordinals differ from traditional NFTs and introduces Signals - a platform solving the broken price discovery process that forces users to jump through ridiculous hoops just to buy digital collectibles.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comNick, co-founder of Gamma, joins us to talk about the broken NFT market discovery process and how their new platform Signals fixes the ridiculous whitelist system. We dive into Bitcoin ordinals vs traditional NFTs, why inscriptions are superior to off-chain storage, and how auction-style price discovery creates fairer markets for creators and collectors.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNotes:• Tens of thousands of Bitcoin nodes store inscriptions• 2021 marked peak NFT hype cycle craze• Most NFT data stored on centralized servers• Signals uses auction clearing price model• Bitcoin inscriptions permanently on-chain• Traditional NFTs just track ownershipTimestamps00:00 Start00:49 Inscribing Vegas conference02:47 NFT market currently05:45 Market participants11:44 Why are Ordinals & Inscriptions interesting?20:36 Arch Network21:08 Price discovery (it's harder than it looks)29:09 Signals Art39:54 Blockspace40:43 Is a market equilibrium possible?45:05 Wrap up47:53 Invite code #BS2-

While Bitcoin 2025 and Inscribing Vegas lit up the Strip, we camped out with a mic and grabbed the builders behind the biggest moves in Ordinals. Episode #1 from Sin City features Nick Sainato —Gamma Co‑Founder, now debuting Signals.art, the platform out to kill the NFT whitelist grind and give everyone a social credit score.We dive into:- Whitelist grind culture & inefficiencies in the market- Price discovery and go-to-market strategies for NFTs- Signals.art walkthrough- Early Ordinals lore & Nick's origin storyFOLLOW NICK: https://x.com/nicksainatoFOLLOW SIGNALS: https://x.com/signalsartCLAIM 300 BARS ON SIGNALS.ART WITH CODE "#HMP": https://signals.art/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 PROTOCOL SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS:0:00 Intro & Inscribing Vegas review8:55 Signals.art & where we're at in the market14:00 Fixing the whitelist grind18:30 What is Signals?29:00 Clearing price auction price discovery38:10 Signals is chain-agnostic41:00 Pricing psychology52:00 Mint behavior59:00 Signals walkthrough1:08:15 Nick Sainato origin story1:18:15 Early Ordinals lore1:25:50 Outro

Crypto kidnappings & "wrench attacks" are surging globally. Charlie & Colin break down real cases, from Ledger CEO torture to NYC penthouse hostage drama, plus essential security tips to protect yourself from physical Bitcoin theft.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin dive deep into the dark side of crypto wealth - the rising amount of physical attacks, kidnappings, and torture targeting Bitcoin holders. From the Ledger co-founder's mutilation in France to wild NYC penthouse hostage situations involving crack cocaine and air fryers, they explore real cases and share Jameson Lopp's security wisdom.Subscribe to the newsletter! https://newsletter.blockspacemedia.com**Notes:**• Ledger co-founder kidnapped 2 days, fingers cut• American tourist lost $125K in London scam• Italian held 17 days, $28M crypto extorted• 90+ officers in French rescue operation• Attacks started with Hal Finney in 2014• Most incidents happen in Europe/AsiaTimestamps:00:00 Start01:08 What is a wrench attack?05:33 Jameson Lopp08:19 3 Types of attacks09:34 Kidnapping (Ledger Case)12:19 Kidnapping (French Father Case)13:03 Attempted Abduction (France Daughter of CEO)14:59 Arch Network15:31 Wrench Attack Tracker19:10 Hostage (American Tourist London)22:08 Different custody setups24:34 Hostage (Kentucky Crypto King)30:58 Best practices-

Vortex returns to discuss Bitcoin's future, soft fork upgrades like CTV, the dangers of cult personalities, and why Bitcoin development must continue despite political resistance in this technical deep dive.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comVortex joins us to talk about Bitcoin's unfinished evolution, the critical need for soft fork upgrades like CTV and check sig from stack, parallels between Roger Ver and Michael Saylor's influence, lessons from the block size war, and why technical development can't stop despite growing political resistance within the Bitcoin community.Subscribe to the newsletter! https://newsletter.blockspacemedia.com**Notes:**• Bitcoin at $110,000 feels eerily casual in 2025• CTV has $500k+ bug bounty with no exploits found• Only 3-5% of global population has used Bitcoin• Next cycle could see $2M+ Bitcoin price target• ETFs defined this cycle; governments next• Lightning needs upgrades for high-fee environmentsTimestamps:00:00 Start01:20 The RETURN of Vortex03:47 Blocksize War vs Now08:41 Roger Ver & Micheal Saylor14:56 Why not big blocks?19:38 UASF (user activated soft fork)20:47 CTV + CSFS24:49 Current state of Bitcoin31:50 Protecting your psyche-

PortlandHODL explains Bitcoin's most dangerous vulnerability: poison blocks. These malicious blocks can freeze nodes for 11+ hours on Raspberry Pi devices and 25 minutes on enterprise hardware, creating profitable attack opportunities for miners while exposing how relay policy acts as an accidental guardian of the network. Follow our guests: @PortlandHODL Notes: • Poison Blocks (denial of service) • Raspberry Pi validation: 11 hours for poison blocks • Enterprise hardware: 25 minutes validation time   • Attack gives 20% effective hash rate boost • Fix exists in Great Consensus Cleanup • Bitcoin fees currently under $1 Timestamps: 00:00 Start 00:53 Real threats to Bitcoin 04:55 How is block made? 11:46 Nodes & DOS blocks 20:03 Making DOS blocks 29:33 Arch Network 30:05 Miners & DOS blocks 36:46 Attack response time 40:47 Fixing the problem 43:25 Why not fixed yet? 54:12 Client diversity 1:01:11 Other good soft forks 1:05:12 Are you worried? 1:10:03 "Deep Thoughts" by Portland HODL -

Live from Bitcoin 2025 in Vegas! JD Vance talks Bitcoin as neutral money, corporatization concerns, Lightning yields 9.7% APR, Peter Schiff's NFT saga, conference highlights & the suit invasion of Bitcoin culture.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin record live from Bitcoin 2025 in Las Vegas to discuss VP JD Vance's nuanced Bitcoin takes, the conference's corporate transformation, Lightning Network's 9.7% APR yields, Peter Schiff's surprising Bitcoin NFT sales, conference security issues, and whether Bitcoin has lost its cypherpunk roots to Wall Street suits.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNOTES:• Bitcoin market cap: $2 trillion, $100k+ price• Lightning routing earned 9.7% APR yields• Conference had 30k attendees, 4k BTC payments• Peter Schiff sold NFTs for 0.01-0.02 BTC each• Vegas conference returning next year• Multiple stages: 6-7 different tracksTimestamps:00:00 Start02:03 Peter Schiff

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

PortlandHODL reveals how "poison blocks" can paralyze Bitcoin nodes for hours, creating profitable attack vectors for malicious miners while the network relies on policy filters for protection.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPortlandHODL explains Bitcoin's most dangerous vulnerability: poison blocks. These malicious blocks can freeze nodes for 11+ hours on Raspberry Pi devices and 25 minutes on enterprise hardware, creating profitable attack opportunities for miners while exposing how relay policy acts as an accidental guardian of the network.Follow our guests: @PortlandHODLNotes:• Poison Blocks (denial of service)• Raspberry Pi validation: 11 hours for poison blocks• Enterprise hardware: 25 minutes validation time • Attack gives 20% effective hash rate boost• Fix exists in Great Consensus Cleanup• Bitcoin fees currently under $1Timestamps:00:00 Start00:53 Real threats to Bitcoin04:55 How is block made?11:46 Nodes & DOS blocks20:03 Making DOS blocks29:33 Arch Network30:05 Miners & DOS blocks36:46 Attack response time40:47 Fixing the problem43:25 Why not fixed yet?54:12 Client diversity1:01:11 Other good soft forks1:05:12 Are you worried?1:10:03 "Deep Thoughts" by Portland HODL-

In this episode of the Bitcoin Podcast, hosts Dee, Corey, Jessie, and Ahmad cover a wide-ranging discussion about Bitcoin Ordinals, a new protocol for creating non-fungible tokens (NFTs) on the Bitcoin blockchain, highlighting the potential and ongoing debates about their utility. Corey offers a detailed explanation of the concept and its origin, tracing it back to the NFT craze on Ethereum and the broader development in the blockchain ecosystem. The team also touches on the broader implications and challenges of integrating fungibility with non-fungibility in digital assets, drawing parallels with game economies and discussing the nuances of collectibility and community dynamics. Throughout the conversation, they also reflect on the lessons learned from previous ventures in NFTs and digital collectibles, emphasizing the importance of sustainable community support for any token's lasting value.Chapters00:00:00 How Did the Bitcoin Podcast Begin Again?00:00:00 What's New in Season Two and Who's Hosting?00:00:57 Are Bitcoin Ordinals Changing the NFT Game?00:01:46 Is Being Busy Always a Bad Thing?00:03:11 How Does Corey Handle All Hands Meetings?00:03:41 What's the Secret to Dee's Wedding Planning?00:04:12 Should We All Be Eating More Pineapples?00:04:41 How Are Bitcoin Ordinals Similar to NFTs?00:06:05 Are Bitcoin NFTs a Copycat of Ethereum?00:06:47 Why Did Bitcoin Once Dismiss NFTs?00:07:10 What is Fungibility, and How Is Bitcoin Redefining It?00:09:06 Are NFTs Just an Artificial Craze, or Is There More to Them?00:10:11 What's the Connection Between Gaming Skins and NFTs?00:11:47 Could Game Economies and the Black Market Collide?00:13:13 How Do Tokens Resemble an Ecological Balance?00:15:35 Can Different Game Economies Be Unified by Blockchain?00:20:02 What Makes Bitcoin NFTs Unique Compared to Ethereum's?00:22:25 Why Does Rarity Matter in Bitcoin Ordinals?00:24:10 Can the Auditability of UTXOs Affect Bitcoin's Fungibility?00:25:50 Are Certain Physical Items Actually NFTs in Disguise?00:26:22 Why Should We Avoid Cash in Favor of Digital Currencies?00:27:00 How Did the Chicken NFT Craze Take Off?00:31:00 Which Factors Determine the Long-Term Value of Tokens?00:34:06 What Lessons Have We Learned From the Chicken NFT Craze?

Charlie and Colin reveal the shocking truth about Bitcoin Pizza Day that mainstream media got wrong. Laszlo didn't just spend 10,000 Bitcoin on pizza - he spent nearly 80,000 Bitcoin throughout 2010! We dive deep into how his GPU mining discovery revolutionized Bitcoin, why Satoshi sent him a concerned email, and how this "penance" may have actually saved Bitcoin's decentralization in its early days. **Notes:** • Laszlo spent ~80,000 Bitcoin total on pizza in 2010 • GPU mining was 10x more powerful than CPU mining • Bitcoin hash rate increased 130,000% by end of 2010 • Laszlo had 1-1.5% of entire Bitcoin supply 2009-2010 • His wallet peaked at 43,854 Bitcoin • Total wallet flows were 81,432 Bitcoin Timestamps: 00:00 Start 00:28 Lies, damn lies.. and pizza 02:21 What actually happened 05:46 It's actually WAY MORE than you think 11:15 Arch Network 11:47 Laslo "saved" Bitcoin 19:12 Pizza or penance? -

The real Bitcoin Pizza Day story: Laszlo spent nearly 80,000 Bitcoin on pizza in 2010, not just 10,000. Plus how his GPU mining discovery changed Bitcoin forever and why Satoshi wasn't happy about it.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin reveal the shocking truth about Bitcoin Pizza Day that mainstream media got wrong. Laszlo didn't just spend 10,000 Bitcoin on pizza - he spent nearly 80,000 Bitcoin throughout 2010! We dive deep into how his GPU mining discovery revolutionized Bitcoin, why Satoshi sent him a concerned email, and how this "penance" may have actually saved Bitcoin's decentralization in its early days.**Notes:**• Laszlo spent ~80,000 Bitcoin total on pizza in 2010• GPU mining was 10x more powerful than CPU mining• Bitcoin hash rate increased 130,000% by end of 2010• Laszlo had 1-1.5% of entire Bitcoin supply 2009-2010• His wallet peaked at 43,854 Bitcoin• Total wallet flows were 81,432 BitcoinTimestamps:00:00 Start00:28 Lies, damn lies.. and pizza02:21 What actually happened05:46 It's actually WAY MORE than you think11:15 Arch Network11:47 Laslo "saved" Bitcoin19:12 Pizza or penance?-

Storm Rundd, President of Oklahoma Bitcoin Association, discusses the status of state Bitcoin strategic reserve bills, legislative processes, funding sources, and opportunity costs. The conversation also covers vibe coding and AI's impact on future business models.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comStorm Rund, President of the Oklahoma Bitcoin Association, joins us to discuss the state of Bitcoin Strategic Reserve bills across the US. Storm breaks down the complex legislative process, explains why many bills fail despite strong support, and compares treasurer vs. pension fund approaches. He introduces the opportunity cost tracker that shows how much money states have lost by rejecting Bitcoin. The conversation concludes with insights on vibe coding, AI productivity, and how these technologies will reshape business models.Follow our guests: @Storm_R0Notes:- Over half of US states have proposed SBR bills- Oklahoma SBR bill passed 77-15 then died in committee- Pension funds typically 4x larger than state funds- 5% Bitcoin allocation = $500M opportunity cost- Montana SBR had $50M cap with specific fund source- AI changing labor market in big tech companiesTimestamps:00:00 Start01:31 Current Bitcoin Reserve landscape03:31 Bill process07:05 Oklahoma example11:53 Funding these state SBRs12:43 Bill design matters17:55 Bill funding19:54 Treasury vs Pension funds27:03 Crafting better bills33:53 Opportunity cost tool43:50 Vibe coding49:07 AI changing business-

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

Seth for Privacy, VP at Cake Wallet, joins us to discuss the ongoing Samurai Wallet legal case and its implications for Bitcoin privacy. Seth explains how the DOJ's prosecution of Samurai developers threatens the entire crypto privacy landscape, despite FinCEN's admission that self-custodial wallets shouldn't be regulated as money services. He breaks down Bitcoin's current privacy limitations, highlighting promising technologies like Silent Payments and Payjoin V2, while candidly addressing why Monero offers superior privacy by design. Are we re-living through the same cryptography battle we fought in the 90s? Follow our guests: @Sethforprivacy Notes: - Samurai indicted April 24, 2024, despite self-custody - 98% conviction rate in Southern District of NY - DOJ hid key FinCEN evidence from defense - Silent Payments gives one reusable static address - Payjoin V2 coming to Cake Wallet this week - Bitcoin privacy tools fighting transparent design Timestamps 00:00 Start 01:04 Samurai wallet legal case 06:30 Jurisdiction & charges 11:59 How significant is this case? 16:28 Arch Network 17:00 Current privacy on BTC 19:47 Silent payments 21:54 Payjoin V2 24:43 Privacy tech limits of BTC 27:42 Privacy soft forks 32:51 Future of oh-chain privacy 37:31 OP_RETURN debate -

We explore the Coinbase customer data breach, vulnerabilities in KYC systems, and the increasing risk of physical attacks against crypto holders.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comToday, Janusz joins us to dive into the recent Coinbase customer data breach where overseas support agents were bribed to steal user information. We explore the fundamental vulnerabilities in KYC systems, the rising trend of physical attacks targeting crypto holders, and sophisticated phishing operations. Yanis offers practical alternatives to centralized exchanges and discusses how to maintain privacy while navigating regulatory requirements in the crypto space.Notes:- Coinbase hackers demanded $20M in Bitcoin ransom- Less than 1% of Coinbase customers affected- Physical crypto attacks increasing since 2022- Support agents bribed to copy customer data- P2P alternatives avoid additional KYC exposure- Constitutional rights may extend to anonymous paymentsTimestamps:00:00 Start01:15 Easy targets03:09 Coinbase breach timeline04:15 Coinbase CEO Brian Armstrong Video06:58 The pitfalls of KYC15:29 Junseth scam call17:29 Arch Network18:31 Know the risks22:31 Protecting yourself-

Seth for Privacy breaks down the Samurai Wallet legal case, Bitcoin's current privacy limitations, and solutions like Silent Payments and Payjoin V2. He discusses the government's attack on privacy tools and why Monero offers better privacy by default.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comSeth for Privacy, VP at Cake Wallet, joins us to discuss the ongoing Samurai Wallet legal case and its implications for Bitcoin privacy. Seth explains how the DOJ's prosecution of Samurai developers threatens the entire crypto privacy landscape, despite FinCEN's admission that self-custodial wallets shouldn't be regulated as money services. He breaks down Bitcoin's current privacy limitations, highlighting promising technologies like Silent Payments and Payjoin V2, while candidly addressing why Monero offers superior privacy by design. Are we re-living through the same cryptography battle we fought in the 90s?Follow our guests: @SethforprivacyNotes:- Samurai indicted April 24, 2024, despite self-custody- 98% conviction rate in Southern District of NY- DOJ hid key FinCEN evidence from defense- Silent Payments gives one reusable static address- Payjoin V2 coming to Cake Wallet this week- Bitcoin privacy tools fighting transparent designTimestamps00:00 Start01:04 Samurai wallet legal case06:30 Jurisdiction & charges11:59 How significant is this case?16:28 Arch Network17:00 Current privacy on BTC19:47 Silent payments21:54 Payjoin V224:43 Privacy tech limits of BTC27:42 Privacy soft forks32:51 Future of oh-chain privacy37:31 OP_RETURN debate-

On this episode of Hell Money, we're locking in on final updates before we take over Las Vegas, Nevada. We're auctioning the first piece from FUN!, the debut collection by Casey Rodarmor and Parker Day, and showing why Bitcoin-native auction tech beats the grift of legacy art houses.We explore:- Why Sotheby's and Christie's can't compete with Bitcoin builders- Launching Megalith.art, the first Ordinals + Bitcoin-native auction platform- The debut piece from FUN! by Casey + Parker- How to use Ordinals Satscards for in-person trading of inscriptions, runes, and more- The OP_RETURN drama: Bitcoin podcasters vs. Bitcoin Core devsGet bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys 10% OFF INSCRIBING VEGAS: https://pretix.eu/inscribing/vegas/redeem?voucher=HELLMONEY10% OFF BITCOIN 2025: https://tickets.b.tc/code/inscribing/event/bitcoin-2025ORDINALS PROTOCOL SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS:0:00 Intro and Inscribing Vegas9:12 Megalith.art auction of FUN!27:50 Ordinals Satscards32:00 Ordinals Satscard tutorial42:15 OP_RETURN drama57:00 Outro

What started as a technical proposal has exploded into community division, with accusations of "destroying Bitcoin" flying around. The hosts break down what OP_RETURN is, why some devs want to increase its size limit, and why others view it as enabling "spam" on the blockchain. At its core, this fight reveals deeper tensions about who controls Bitcoin's future and what the network should be used for. Notes: - OP_RETURN limit currently set at 83 bytes - Proposal would increase limit to ~1 megabyte - 30-45% of Bitcoin transactions are "non-financial" - Bitcoin Knots node usage has grown to 7-8% - Out-of-band transactions bypass node relay - Core devs facing diminished community trust Timestamps: 00:00:00:00 Start 00:00:36:16 Why's everyone so mad? 00:02:04:14 Claim your bias 00:04:00:03 The backstory 00:08:27:09 Changing the OP_RETRUN limit 00:11:24:06 Post to relax the limit 00:15:39:23 Out of Band payment 00:17:39:06 Standard vs valid consensus 00:19:52:29 What is spam? 00:28:41:05 Arch Network 00:29:13:14 Cons of increasing the limit 00:32:34:25 That's too "woke" bro! 00:35:56:27 Knots -

Bitcoin developers are clashing over relaxing OP_RETURN limits. This technical debate about arbitrary data on Bitcoin has sparked divisions about what constitutes "spam" and revealed tensions between Bitcoin Core devs and those seeking a "purer" Bitcoin experience.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comWhat started as a technical proposal has exploded into community division, with accusations of "destroying Bitcoin" flying around. The hosts break down what OP_RETURN is, why some devs want to increase its size limit, and why others view it as enabling "spam" on the blockchain. At its core, this fight reveals deeper tensions about who controls Bitcoin's future and what the network should be used for.Notes:- OP_RETURN limit currently set at 83 bytes- Proposal would increase limit to ~1 megabyte- 30-45% of Bitcoin transactions are "non-financial"- Bitcoin Knots node usage has grown to 7-8%- Out-of-band transactions bypass node relay- Core devs facing diminished community trustTimestamps:00:00:00:00 Start00:00:36:16 Why's everyone so mad?00:02:04:14 Claim your bias00:04:00:03 The backstory00:08:27:09 Changing the OP_RETRUN limit00:11:24:06 Post to relax the limit00:15:39:23 Out of Band payment00:17:39:06 Standard vs valid consensus00:19:52:29 What is spam?00:28:41:05 Arch Network00:29:13:14 Cons of increasing the limit00:32:34:25 That's too "woke" bro!00:35:56:27 Knots-

Udi Wertheimer discusses Bitcoin Core's controversial OP_RETURN changes, mounting community backlash, and why Core developers are losing social capital with Bitcoiners over technical decisions they can't properly communicate.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comUdi Wertheimer, co-founder of the Taproot Wizards and famous Bitcoin provocateur, joins us to talk about the explosive OP_RETURN debate dividing the Bitcoin community. We dive deep into why Bitcoin Core developers are facing unprecedented backlash, how they've lost touch with newer Bitcoiners, and what Greg Maxwell's sudden reappearance signals about Core's weakening position. Udi offers surprising insights on both sides and proposes solutions for rebuilding trust between developers and the community.Follow our guests: @udiwertheimer**Notes:**• OP_RETURN controversy spans over a decade• Greg Maxwell returns after years of silence• Core devs disconnected from 5+ year Bitcoiners• ~50 readers engage with Bitcoin OpTech weekly• 6-month delay suggested for PR merge• JPEGs benefit from controversy attentionTimestamps:00:00 Start03:08 OP_RETURN Debate Summary10:21 SPAM on Bitcoin17:17 Is this a Core blunder?27:26 How SHOULD Core do?34:42 What if Core doesn't communicate better?37:38 What does a pleb do?-

Arizona has taken the lead in the race to establish a strategic Bitcoin reserve, with two bills passing through the legislature and now awaiting the governor's signature. These bills would allow the state to hold and buy Bitcoin and other digital assets with up to 10% allocation. The hosts dissect the different approaches states are taking, from Texas's expert advisory committee structure to New Hampshire and North Carolina's advancing legislation. With 40 strategic Bitcoin reserve bills filed across the US, and states navigating custody options, yield strategies, and political roadblocks, the Bitcoin state race is heating up! Notes: - Arizona passed two SBR bills awaiting governor's signature - 40 SBR bills filed across US states, 6 are dead - Texas bill allows up to 1% of general fund for Bitcoin - Arizona bills allow up to 10% allocation to Bitcoin - $500B minimum market cap requirement in Texas bill - Oklahoma bill failed in committee by one vote (6-5) Follow our guests: @cbspears @asilayhodling @btcszn2 Timestamps: 00:00 Start 00:32 Arizona SBR vote 08:42 State custody 11:50 Arch Network 12:22 Not your keys, not your strategic reserve 15:28 Other states drafting Bitcoin laws 16:51 Texas bill 20:31 Market cap provisions 25:31 Alabama 27:19 Fails: Oklahoma 32:08 Fails: Pennsylvania -

Arizona leads the race to establish a strategic Bitcoin reserve as two bills await the governor's signature. There are 38 other SBR bills, we break it down!You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comArizona has taken the lead in the race to establish a strategic Bitcoin reserve, with two bills passing through the legislature and now awaiting the governor's signature. These bills would allow the state to hold and buy Bitcoin and other digital assets with up to 10% allocation. The hosts dissect the different approaches states are taking, from Texas's expert advisory committee structure to New Hampshire and North Carolina's advancing legislation. With 40 strategic Bitcoin reserve bills filed across the US, and states navigating custody options, yield strategies, and political roadblocks, the Bitcoin state race is heating up!Notes:- Arizona passed two SBR bills awaiting governor's signature- 40 SBR bills filed across US states, 6 are dead- Texas bill allows up to 1% of general fund for Bitcoin- Arizona bills allow up to 10% allocation to Bitcoin- $500B minimum market cap requirement in Texas bill- Oklahoma bill failed in committee by one vote (6-5)Follow our guests: @cbspears @asilayhodling @btcszn2Timestamps:00:00 Start00:32 Arizona SBR vote08:42 State custody11:50 Arch Network12:22 Not your keys, not your strategic reserve15:28 Other states drafting Bitcoin laws16:51 Texas bill20:31 Market cap provisions25:31 Alabama27:19 Fails: Oklahoma32:08 Fails: Pennsylvania-

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

Mark Goodwin explains how stablecoins may be yoking Bitcoin to the dollar system, creating a mechanism for the US to maintain global financial dominance while appearing to embrace cryptocurrency. He argues Bitcoiners must fight to keep Bitcoin permissionless.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comAuthor of "The Bitcoin Dollar" Mark Goodwin joins us to discuss how stablecoins may be the US government's strategy to maintain dollar hegemony by yoking Bitcoin to the dollar system. He explains how private stablecoin issuers must buy US treasuries, creating artificial dollar demand while enabling surveillance. Mark argues that while Bitcoin pumps, Bitcoiners must fight to preserve its permissionless nature or risk merely empowering the state rather than creating true freedom for individuals.Follow our guests: @markgoodw_in# Notes:- Tether holds ~$145B in US treasuries- PayPal offering 3.7% yield on PYUSD stablecoin- Bitcoin inflation fell below gold in May 2020- US strategically using stablecoins for dollar demand- Stablecoin regulations prioritize treasury backing- Bitcoin scaling solutions needed for privacyTimestamps:00:00 Start01:32 The 21 cabal06:40 Bitcoin as an EXIT14:14 The Bitcoin Dollar29:54 Arch39:27 Stablecoins51:40 Trump's illegal scams1:01:25 What should Bitcoiners do?-

J-Dog is the former maintainer of Bitcoin's Counterparty protocol – a role which he fulfilled for about 8 years. Under his stewardship, XCP witnessed the creation of legendary collections such as Spells of Genesis, Rare Pepes, and Fake Rares – even my Bitcoin Heads and Leftist Tears were created when he was the lead developer and he provided some useful advice. Today, J-Dog builds the FreeWallet.io Counterparty wallet and the TokenScan.io blockchain explorer (formerly Xchain.io). He maintains opinions which diverge from those of current maintainer Adam Krellenstein (who joined the show in S16 E14) and even claims that the Counterparty protocol was forked at block 866000. Time stamps: Introducing J-Dog (00:00:53) Counterparty's Founders (00:02:13) What is Counterparty? (00:03:19) History of Token Platforms (00:04:24) Creation of Dispensers (00:07:57) The Fork Controversy (00:09:50) User Reactions to Changes (00:12:42) Counterparty Classic (00:13:16) Current State of Dispensers (00:13:52) Ongoing FUD in the Community (00:14:41) Recent Developments (00:15:02) Control and Development (00:16:05) Token Scan and Exchange (00:17:25) Counterparty's Early Challenges (00:20:55) The use case for Bitcoin (00:23:16) Counterparty's missed opportunity (00:23:39) Community decision-making challenges (00:24:11) Smart contracts and security (00:25:27) Counterparty's innovative features (00:26:42) Evolution of Counterparty's focus (00:27:40) Concerns about asset transactions (00:28:19) The evolution of meme culture (00:29:26) Collecting Rare Pepes (00:31:03) Geolocation-based token distribution (00:32:04) Comparison to Pokémon Go (00:33:14) Current projects and developments (00:35:50) Citrea's zero-knowledge rollup (00:36:50) Counterparty's future on Layer Two (00:37:53) Current work and future vision (00:38:25) Community-driven development concerns (00:43:07) Consensus measurement in development (00:45:59) Consensus Gathering in Counterparty (00:46:39) Atomic Swaps Explained (00:49:42) Adoption of New Features (00:51:33) Counterparty vs Horizon Market (00:55:05) Impact of Ordinals on Counterparty (00:58:16) Integration of Ordinals with Counterparty (01:00:09) Fallout Among Developers (01:03:21) STAMPs vs Ordinals (01:04:34) Concerns About UTXO Set Bloat (01:07:45) Introduction to the UTXO Set Concerns (01:09:58) Turning Point on Stamps (01:10:48) Pixel Art and Compression Challenges (01:11:07) Nihilistic Moments in Bitcoin History (01:11:47) Innovations in Small Data Graphics (01:12:08) Future of Interoperability Among Protocols (01:13:38) Challenges in Ecosystem Integration (01:14:02) Islands of Unconnected Communities (01:15:35) Historical Significance of Bitcoin Artifacts (01:16:03) Hope for NFT Market Revival (01:17:38) Mixed Feelings on NFT Participation (01:18:37) Sponsor Plug for SideShift.ai (01:20:22) Counterparty Classic and Current Focus (01:22:55) Counterparty's Resilience (01:23:58) Future of Counterparty Protocol (01:24:59) Cultural Acceptance of On-Chain Data (01:27:42) Difference Between Counterparty Assets and Runes (01:28:18) Valuation of Vlad Head Cards (01:29:04) Scams in Low Liquidity Tokens (01:30:39) Concerns Over Domain Squatting (01:31:52) Counterparty Improvement Proposals (01:32:43) Creating an Asset Escrow Service (01:33:44) Resetting Asset Supply (01:34:42) Counterparty Wallet Quirks (01:35:21) Protocol Functionality Improvements (01:36:44) Funding Development through Donations (01:37:31) Betting System Revival (01:41:03) User Feedback on FreeWallet (01:44:24) Creating Exchange Markets (01:47:05) Transaction Fee Issues (01:48:19) Token Description Formatting (01:50:11) Multi-Send Transaction Challenges (01:51:14) User Interface Updates Needed (01:52:58) Mobile Wallet Development (01:53:34) Mobile Free Wallet Update (01:54:51) Free Wallet Confusion (01:55:01) Counterparty's Future (01:56:02) Investment Needs for Counterparty (01:57:18) Competing Visions for Counterparty (01:58:56) Message to Counterparty Team (01:59:46) Community Engagement (02:01:14) Running a Counterparty Node (02:03:37) Hardware Requirements (02:05:06) Importance of Running a Node (02:06:18) Closing Remarks (02:07:39)

The untold story of "Bitcoin Pizza Guy"! Satoshi's wanted POKER in Bitcoin? Bitcoin has bugs? Is 21 million a MYTH?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin explain 5 things you probably didn't know about Bitcoin. Satoshi's original Bitcoin client included a poker program. Did you know Bitcoin has an off-by-one error in Bitcoin's difficulty adjustment? We debunk the myth that the 21 million cap is mentioned in the whitepaper and explore three critical inflation bugs that threatened Bitcoin. Lastly, we tell the story of how "Bitcoin Pizza Guy" Laszlo Hanyecz was actually a pioneering contributor to Bitcoin's development and mining technology.Notes:- Original Bitcoin client included a poker client- Difficulty adjustment calculation uses 2015 not 2016 blocks- 21M supply cap not mentioned in Bitcoin whitepaper- 2010 inflation bug created 184 billion Bitcoin- Bitcoin Pizza guy spent ~100,000 BTC, not just 10,000Follow our guests: @cbspears @asilayhodling @btcszn2Timestamps:00:00 Start02:05 Bitcoin & Poker09:12 Difficulty Adjustment 2015 Blocks13:02 21M Supply (or not?)17:55 Arch18:28 3 Bugs29:06 Bitcoin Pizza Guilt39:58 BONUS: HFSP-

Matt and Amine, co-founders of Arch Network, discuss their recent $13M Series A led by Pantera Capital, how their technology enhances Bitcoin programmability, and their unique approaches to virtual machine architecture and validator consensus.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comMatt and Amine, co-founders of Arch Network, join us to talk about their recent $13M Series A funding round led by Pantera Capital. They explain how Arch differentiates itself from other Bitcoin L2s by enabling programmability on Bitcoin with their custom VM and FROST/ROAST threshold signature schemes. The founders discuss their approach to solving Bitcoin's programming limitations, creating a dynamic validator system that can scale over time, and building applications like DEXs and prediction markets directly on Bitcoin. They also share insights from their testnet phase and outline their roadmap toward mainnet launch.Follow our guests: @0xfinetuned @proofofmud# Notes:- Arch raised $13 million led by Pantera Capital- Uses FROST/ROAST for dynamic validator sets- Custom VM inspired by Solana's architecture- Aims for instant finality vs Bitcoin's 10 minutes- Uses transaction dependency graph for rollbacks- Mainnet launch expected around June/July 2025Timestamps:00:00 Start00:35 Pantera Capital raise01:57 Building Arch last 2 yrs04:04 VC finally funding BTC dev07:37 Arch ecosystem09:07 Arch dev verticals13:25 Distributed validator set15:04 Arch ad read15:36 Arch Virtual Machine17:33 Developer adoption new VM20:19 Builder reception21:50 Testnet learnings24:26 Under the hood of Arch25:51 Bitcoin MEV29:05 Apps for Arch31:14 Migrating L1 assets to Arch33:27 Wen Arch token35:09 The future-

Crypto is now on the offensive in our nation's capital – there are over a dozen crypto lobbyists in DC. Are there too many cooks in the kitchen?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comCharlie and Colin dive into the growing presence of crypto lobbying in Washington, D.C., analyzing CoinDesk's coverage and the staggering $119 million spent by the industry in 2024. They contrast national lobbying orgs like the Bitcoin Policy Institute with state-level players like the Satoshi Action Fund, discussing their roles, motivations, and effectiveness. The hosts also reflect on their own grassroots efforts in Oklahoma, the risks of regulatory capture, and the long-term implications of industry money shaping public policy.Follow our guests: @cbspears @asilayhodling @btcszn2Timestamps:0:00 Intro: Are there too many crypto lobbyists?0:42 Offensive lobbying: Crypto enters DC with money and momentum1:50 From defense to offense: Lobbying works3:13 CoinDesk chart: $119M spent by crypto in 20245:20 How past regulatory scares galvanized the industry7:20 Two types of lobbying: Good faith vs regulatory capture10:21 Inside look: Local lobbying efforts in Oklahoma21:20 Arch22:34 National vs state: Satoshi Action Fund vs Bitcoin Policy Institute-

Pierre Rochard discusses Bitcoin bonds, his speculative attack thesis, corporate adoption trends, on-chain vs custodial usage, soft fork proposals, and how Bitcoin led to his spiritual journey. A comprehensive look at Bitcoin's present and future.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPierre Rochard, one of the OG voices in Bitcoin discourse, joins us to discuss his new Bitcoin Bond Company as the continuation of the speculative attack thesis that he wrote about a decade ago. Pierre shares insights on corporate Bitcoin adoption trends, the trade-offs between on-chain transactions vs custodial services, and why he's more open to soft forks than many Bitcoin maximalists. The conversation takes a personal turn when Pierre explains how Bitcoin's shift away from materialism created space for his spiritual journey back to Catholicism.Follow our guests: @BitcoinPierreNotes:- Bitcoin bonds enable borrowing weak currencies- MicroStrategy uses convertible bonds for Bitcoin- Transaction fees crashed during bear markets- ETFs reduce on-chain Bitcoin footprint- Corporate adoption mainly from struggling companies- Pierre has cataloged 22 soft fork proposalsTimestamps:00:00 Start01:36 Who's Pierre Rochard?03:27 What's a speculative attack?09:24 Current market outlook11:48 Starkware interview reaction20:45 Priced out of on-chain access26:40 Arch27:14 Corporate influence over protocol development36:39 Corps buying BTC39:34 Degens & speculation46:05 Religion & faith49:44 The virtues of soft forks-

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

We compare Bitcoin's recent 30% price drop to previous crashes like COVID, Terra/Luna, and FTX, discussing market sentiment, recovery patterns, and whether Bitcoin behaves as a risk-on or risk-off asset.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comHow do previous Bitcoin crashes compare to this week's Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash.Follow our guests: @cbspears @asilayhodling @btcszn2Notes:- Bitcoin down 30% from $109K to $76K- Markets recovered 9.5% in one day- Terra/Luna crash: 35% drop in one week- FTX collapse: only 30% drop but worst sentiment- US fiscal deficit at $36.7 trillion debt- BitMEX "outage" may have saved 2020 crashTimestamps:00:00 Start00:46 Bitcoin crashes, “don't buy it”06:25 Macro lookback14:00 Covid crash (march 2020)23:18 Terra Luna crash (may 2022)32:16 FTX Crash38:43 Stay humble, stack sats-

ReardenCode discusses how we should reframe discussions around Bitcoin soft forks, explaining the capabilities-focused approach to opcodes rather than focusing solely on protocols. The conversation covers SegWit, Taproot, OP_CAT, and MEV concerns.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comReardenCode, independent Bitcoin developer and freedom advocate, joins us to talk about reframing how we think about Bitcoin soft forks. Reardon breaks down opcodes, explains why we should focus on capabilities rather than protocols, and explores the historical context of Bitcoin's upgrades from SegWit to Taproot. The conversation goes deep on OP_CAT, CTV, and CHECKSIGFROMSTACK while but tries to make the topics approachable approachable.Follow our guests: @ReardenCodeNotes:- Bitcoin is the first digitally scarce asset- OP_CAT enables five different capabilities- SegWit enabled non-third party malleable txs- Taproot enabled hidden script paths- CTV+CSS combo enables rebindable signatures- MEV concerns can probably be scoped and managedCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start01:28 What is Bitcoin?02:36 What's an OP code?05:41 How to think about OP codes07:39 Capabilities examples10:17 Explaining OP codes12:03 What do we want?13:24 Why did SegWit NOT do more?15:22 Taproot18:50 Arch19:25 Hidden script paths22:13 CTV31:55 OP_CAT35:11 Check Contract Verify36:33 Introduction of "state" & MEV37:07 MEV40:29 Limiting MEV43:36 The problems of OP_CAT48:26 The current consensus52:22 Wrap up-

BITCOIN SEASON 2: Inside Bitcoin's Darknet Markets Sub-title (150 characters or so) We're exploring darknet markets, from their history with the Silk Road to how they function today. Bitcoin vs. Monero usage, exit scams, and why these markets look like they're stuck in 2004 despite handling billions in transactions. Body (300 characters or so) You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Colin and Charlie dive into the seedy underbelly of cryptocurrency—darknet markets. From the early days of the Farmers Market to the infamous Silk Road and beyond, they explore how these marketplaces function, why they initially struggled without Bitcoin, and the recent shift from Monero back to Bitcoin following exchange delistings. With $2 billion in annual volume yet surprisingly flat growth, they examine the robust review systems, exit scams, and why these sites stubbornly maintain their 2004-era aesthetics. Disclaimer: This episode discusses drugs and illegal activities for informational purposes only. Follow our guests: @cbspears @asilayhodling @btcszn2 Notes: - Darknet markets processed ~$2-3.5B annually - Farmers Market (2006) had only 3,000 users - Silk Road processed $182M from 100,000 users - Market volume remained flat despite crypto growth - Monero losing popularity after exchange delistings - Kraken darknet market: ~$800M volume in 2024 Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:50 Chainalysis Darknet Market Report 05:15 Farmer's Market 14:27 After Silk Road 16:11 Arch 16:42 Rise of Monero 23:38 Quality control 29:24 Exit scams -

We're exploring darknet markets, from their history with the Silk Road to how they function today. Bitcoin vs. Monero usage, exit scams, and why these markets look like they're stuck in 2004 despite handling billions in transactions.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comColin and Charlie dive into the seedy underbelly of cryptocurrency—darknet markets. From the early days of the Farmers Market to the infamous Silk Road and beyond, they explore how these marketplaces function, why they initially struggled without Bitcoin, and the recent shift from Monero back to Bitcoin following exchange delistings. With $2 billion in annual volume yet surprisingly flat growth, they examine the robust review systems, exit scams, and why these sites stubbornly maintain their 2004-era aesthetics.Disclaimer: This episode discusses drugs and illegal activities for informational purposes only.Follow our guests: @cbspears @asilayhodling @btcszn2Notes:- Darknet markets processed ~$2-3.5B annually- Farmers Market (2006) had only 3,000 users- Silk Road processed $182M from 100,000 users- Market volume remained flat despite crypto growth- Monero losing popularity after exchange delistings- Kraken darknet market: ~$800M volume in 2024Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start01:50 Chainalysis Darknet Market Report05:15 Farmer's Market14:27 After Silk Road16:11 Arch16:42 Rise of Monero23:38 Quality control29:24 Exit scams-

Julian Assange's brother Gabriel Shipton and Brian Laughlin announce Project Spartacus - an initiative to preserve the Afghan War Logs on Bitcoin's blockchain as ordinals - creating a permanent, uncensorable record.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comGabriel Shipton, film producer and brother of Wikileaks founder Julian Assange, joins us alongside Brian Locklin from Ordinals to discuss Project Spartacus. This ambitious initiative aims to permanently archive the Afghan War Logs on Bitcoin's blockchain through ordinals technology, creating an uncensorable repository of historically significant information. They explore how Bitcoin offers unique censorship resistance, the technical challenges they've overcome, and the potential for Bitcoin to serve as a powerful publishing platform for journalists and freedom advocates.Follow our guests: @GabrielShipton @ordinalsbot @bruffstarNotes:- Project archives 76,000+ Afghan War Logs on Bitcoin- Julian Assange was imprisoned for 14 years- War Logs were previously unavailable at times- Julian is free but restricted by plea deal- Bitcoin enabled Wikileaks to survive debanking- Ordinals offer new censorship-resistant archiveCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start01:25 Project Spartacus03:18 Before Assange was released06:36 Ordinalsbot involvement09:45 Arch10:17 New financial model for publishing15:42 Breaking new ground for Ordinals18:32 Censorship resistant platforms23:07 Recent wins & losses29:38 Wrap up-

In this episode of Bitcoin Magazine X Spaces, we dive deep into the intersection of Bitcoin mining, Ordinals, and gamified digital ownership with the creators of Hashrate Hackers, an innovative on-chain mining project built on the Bitcoin network.We explore how this new model is democratizing access to Bitcoin mining rewards through the power of Ordinals. Backed by Blockware, one of the largest Bitcoin mining infrastructure providers, Hashrate Hackers combines mining with a gamified rewards system, allowing holders to earn real Bitcoin monthly.Listen to the original recording on X: https://x.com/i/spaces/1ypKdZyOvnaJWLearn more about Hashrate Hackers: https://www.hashrate-hackers.io/Connect with Blockware on X/Twitter: https://x.com/BlockwareTeam

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

GameStop plans to buy $1.3B in Bitcoin, following MicroStrategy's playbook. How does this connect to GameStop's 2021 meme stock saga, company financials, and can this pivot can save a retailer whose core business is declining.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comWe dive into GameStop's surprising announcement to raise $1.3 billion in convertible notes, potentially to buy Bitcoin. The hosts explore how this connects to the 2021 meme stock saga that gave GameStop its massive cash position, Ryan Cohen's relationship with Michael Saylor, and whether this Bitcoin strategy is a life raft for a retail gaming business in decline. With GameStop's revenue dropping from $8.5B to $3.8B over eight years, is this a smart pivot or just vibe investing?Notes:- GameStop announces $1.3B convertible note offering- Revenue declined from $8.5B to $3.8B in 8 years- Company has $4.76B cash on balance sheet- Cash position largely from 2021 meme stock frenzy- Zero debt after paying off all loans- Saylor posted photo with Ryan Cohen: "Team Bitcoin"Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start00:28 GameStop enters the chat02:05 GME be buying07:58 Roaring Kitty Redux10:43 Financials13:25 Arch13:56 Business evolution20:14 Volatility trade25:28 Not a crazy pivot30:22 BTC makes an honest market or not...-

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

StarkWare founder Eli Ben-Sasson explains Starknet settling on both Ethereum and Bitcoin, the need for Bitcoin scaling through OP_CAT, quantum computing threats, and preventing Bitcoin from becoming an exclusive asset only for the wealthy.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comEli Ben-Sasson, co-founder and CEO of StarkWare, joins us to discuss how StarkNet plans to settle on both Ethereum and Bitcoin. We dive into the technical details of zero-knowledge proofs, the importance of OP_CAT for Bitcoin's future, and the fascinating Collider Script approach to covenants. Eli shares his concerns about Bitcoin ossification, explaining why without scaling solutions, Bitcoin risks becoming a "Rolex" - an asset only accessible to the wealthy. We also explore quantum computing threats and potential solutions for securing Bitcoin's future.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNotes:- StarkWare has over 200 team members- OP_CAT is the "greenest" covenant proposal- Quantum threats require ZK-based solutions- Collider Script enables covenants at high cost- Bitcoin fees prevent mass adoption- Bitcoin needs soft forks to avoid ossification00:00 Start01:09 Starkware background04:38 Bringing ZK tech to Bitcoin07:53 What is a "unified" layer 2?09:21 Why use Starknet?11:33 Posting proofs on-chain13:26 OP_CAT16:55 Collider script19:35 Arch20:09 SHA1 collisions?22:43 Brute forcing covenants into Bitcoin24:53 fear of soft fork27:59 Quantum32:16 Possible quantum futures34:26 Why ZK_Starks for Satoshi's coins??38:16 Confiscation vs network protection43:18 Self custody future-

Reality check: President Trump likes stablecoins more than Bitcoin. What do Bitcoiners do?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPresident Trump makes a pivot from Bitcoin to stablecoins in his latest policy statements. Reality check: stablecoins now account for over 50% of all crypto settlement volume, with Tether becoming the 7th largest holder of US Treasuries globally. We break down how stablecoins are being used in emerging markets, why Tron dominates the stablecoin landscape despite centralization concerns, and what this means for Bitcoin's relationship with the traditional financial system.Notes:- Tether is 7th largest buyer of US treasuries globally- Stablecoins now 50% of all crypto settlement volume- Tether holds $113 billion in treasuries- Tron handles ~40% of stablecoin transactions- Tether earns ~$4 billion yearly on Treasury yields- Trump now promoting stablecoins for dollar dominanceCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start00:34 Trump video03:09 Reaction06:53 Tether buying treasuries11:08 Other stablecoins17:35 Arch Network18:05 The Tether Eye of Sauron20:10 Who's using stablecoins22:18 Where are stablecoins traded?26:31 Volume of all crypto transactions compared32:33 A realistic view-

The Vault is a morning show hosted on Twitter Spaces and YouTube Live on Tuesdays, Wednesdays, and Thursdays at 11:30 am EST. The show focuses on multi-chain communities, emerging protocols, NFTFi, DeFi, Gaming, and, most importantly, collecting digital assets.Adam McBride: https://twitter.com/adamamcbrideJake Gallen: https://twitter.com/jakegallen_Chris Devitte: https://twitter.com/chris_devvEmblem Vault: https://twitter.com/EmblemVault

Peter Todd, mistakenly identified as Satoshi in an HBO doc, discusses Bitcoin's technical history, mining economics, block withholding attacks, and controversial ideas like demurrage.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comPeter Todd joins us to talk about Bitcoin's technical evolution, discussing terminology like "blockchain" vs "timechain," and revealing flaws in Satoshi's original design. Peter dives deep into mining economics, explaining the risks of block withholding attacks, the problems with activation mechanisms for soft forks, and controversial funding models like demurrage. Despite surviving significant challenges, Bitcoin faces ongoing security concerns as block rewards diminish, requiring creative solutions to ensure mining remains economically viable long-term.Notes:- Block withholding attacks remain an unsolved risk- Mining rewards currently ~0.5% tax on Bitcoin savings- Bitcoin difficulty algorithm relies on halving events- Miners have ~24-30% hash power can disrupt network- Transaction fees alone insufficient for mining economics- Demurrage could stabilize mining revenue long-termCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start02:03 Timechain not a good word04:28 White paper terminology09:17 Difficulty11:35 Price vs hashrate12:53 Block withholding attack21:08 Arch Network21:40 Risks of a block withholding attack26:50 Soft forks31:01 BIP 8 & BIP 934:12 Signaling for soft forks35:51 Nodes vs miners38:04 Transaction IDs43:22 OP_NEXT44:14 Solving soft fork activation48:50 Are drivechains dumb?50:44 Miner centralization56:54 WTF is demurrage?1:01:18 Tail emission1:07:04 ETH mansion1:09:47 Ordinals-

It's 10 years since the invention of the Lightning Network! Is it a success or failure?You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comMatt Kimmell joins us to evaluate the Lightning Network's decade long journey. We break down Lightning using simple analogies (bar tabs and abacuses!), trace its historical development through Bitcoin's scaling debates, and try to assess its successes and disappointments. While Lightning functions technically and has achieved notable adoption milestones, the we discuss why user experience remains challenging and if we can address persistent issues like channel liquidity management and offline reception problems.Notes- Lightning whitepaper published in 2015 (decade ago)- Three softforks enabled Lightning functionality- Trump used Lightning for burger purchase on camera- Many Lightning wallet providers have shut down- Channel liquidity management remains a major UX issue- Binance and major exchanges now support LightningCheck out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start02:17 What is the Lightning Network?08:50 History of Lightning21:34 Web326:35 Arch Network27:07 New use cases30:05 Lightning successes37:49 Lightning failures41:30 OP_NEXT48:06 UX challenges-

How “Janusz” is meeting solana degens where they're at and getting them to stack more sats (and increase Bitcoin's privacy?)You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comJanusz is meeting Solana degens where they're at by building a product that helps them stack bitcoin during their regular Solana use. “Lemon Drop” is the first product release in Janusz's recent Bitcoin pivot and builds towards his bigger goal: increasing Bitcoin privacy through increasing Bitcoin's anonymity set. Also: activating a Bitcoin soft fork?Notes:• How Lemon Drop works• Privacy on Bitcoin• Open Source vs Product focused development• A soft fork activation?Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps:00:00 Start01:02 Anon payments03:17 Pivot on Layers project05:39 Lemondrop10:13 Inspiration12:45 Arch Network13:17 Building the team16:52 Wrapped BTC20:36 Bitcoin Layers project25:51 Soft fork activation client32:26 Advocating for specific covenants37:11 Privacy projects42:43 Privacy adoption-

The 2025 River Bitcoin Report is in and it shows that funds/ETFs are hoovering up your Bitcoin!You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comWe break down the 2024 River Financial Report. What countries are buying? Which funds are buying? What does the average Bitcoin user look like? And what the heck is up with Lightning these days?Notes:• Lightning mixed: up & down• ETFs are buying individuals Bitcoin• Sovereigns are starting to but BTC• Good vs Bad changes to Bitcoin in 2024Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.Timestamps00:00 Intro Bitcoin Season 2 Writers Room00:22 Institutions Are Buying All Your Bitcoin02:42 How ETFs & Institutions Are Changing Bitcoin05:35 MicroStrategy's Massive Bitcoin Holdings12:03 Nation-States & Governments Holding Bitcoin16:26 Bitcoin's Bull Case How Early Are We22:27 ETFs & The 2024 Bitcoin Bull Market26:50 The State of the Bitcoin Lightning Network39:00 Stablecoins Adoption & Bitcoin's Use Cases42:03 Bitcoin Protocol Upgrades & Future Development-