Nostr and Toxic Bitcoin Maximalism with Jameson Lopp (WiM325)
The "What is Money?" Show
The Risks of Self-Custody in Bitcoin
"We are now putting a ton of our personal information into the hands of five companies," he says. "That contributes to centralization, trust at third parties, etc." He is worried about creating systemic risk and weakness within the system.
Jameson Lopp joins me to discuss the development of Nostr, the significance of network protocol ossification, the implementation of Miniscript, and toxic Bitcoin maximalism.
Jameson Lopp is an American cypherpunk, software engineer and writer. He is the co-founder and CTO of the Bitcoin security services provider Casa.
// GUEST //
Twitter: https://twitter.com/lopp
Blog: https://www.lopp.net/
Website (use discount code BREEDLOVE): https://keys.casa/
// SPONSORS //
In Wolf's Clothing: https://wolfnyc.com/
iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/
Gold Investment Letter: https://www.goldinvestmentletter.com/
CrowdHealth: https://www.joincrowdhealth.com/breedlove
Wasabi Wallet: https://wasabiwallet.io/
Casa (use discount code BREEDLOVE): https://keys.casa/
Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/
Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.com
Carnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/
// OUTLINE //
00:00 - Coming up
00:48 - Intro
02:21 - Helping Lightning Startups with In Wolf's Clothing
03:07 - Introducing Jameson Lopp
03:36 - A Brief Introduction to Nostr
04:52 - Functional Attributes of Nostr
06:50 - Nostr is More than Just a Social Network
08:57 - The Ultimate Goal of Nostr
12:29 - The Significance of Nostr
13:58 - Nostr 10 Years From Now
15:34 - Challenges in Nostr’s Development
16:42 - Maximize Your Profits with Gold Investment Letter
17:38 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet
18:35 - Take Control of Your Healthcare with CrowdHealth
19:36 - Jameson's Perspective on Network Protocol Ossification
24:00 - How Can We Improve the Bitcoin Network?
27:06 - Email: A Compromise between Adaptivity and Ossification
31:07 - Possible Problems and Solutions for Bitcoin Protocol Ossification
33:47 - Centralized Evolution of the SMTP Protocol
36:58 - Lessons We Can Apply in Bitcoin Development
38:43 - Miniscript for Better Self-Custody of Bitcoin
40:21 - Possible Applications of Miniscript
45:03 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
45:52 - Hold Bitcoin in the Most Secure Custody Model with Casa
46:42 - Jameson on Toxic Bitcoin Maximalism
51:02 - Can Ossification Reduce Toxic Maximalism?
53:08 - Why Toxic Bitcoin Maximalism is No Longer Needed
54:46 - A Compromise between Adaptivity and Ossification in Bitcoin
56:54 - Raising Awareness about Bitcoin
57:44 - We Need More Trial & Error Activity on Bitcoin
58:59 - Where to Find Jameson on the Internet
// PODCAST //
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