Lyn Alden, founder of Lyn Alden Investment Strategy, and Udi Wertheimer, a recovering Bitcoin maxi, talk about Bitcoin Maximalism, how Bitcoin is developing, and what’s the future of Bitcoin’s security model.

Show highlights:

What the definition of Bitcoin maximalism is
whether BTC maximalism is toxic
whether Vitalik Buterin is still a bitcoiner and how Bitcoiners became the 'token police', according to Udi
why Lyn thinks Bitcoin has been attacked by the media since the beginning
the attacks by Bitcoin maximalists on Nic Carter and Andreas Antonopoulos
how adoption kicked in during previous cycles and why it benefitted BTC
what the different types of Bitcoiners are
what developments are being made around Bitcoin
the importance of Bitcoin being permissionless
what the use cases for Bitcoin are and whether it’s still a highly speculative asset
whether people care about using decentralized payment tools
how Lyn defines ‘ultra sound money’ and why she thinks that Bitcoin is better at that than ETH
whether Bitcoin’s security model needs to be fixed
why being able to run a node is essential for censorship resistance

Take Unchained's 2022 survey!

Unchained is doing its annual survey. Tell us how you think we’re doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!

Thank you to our sponsors!

Crypto.com

Chainalysis

Minima

Udi:

Twitter
Substack
Previous Unchained episodes:
Why Bitcoin Maximalism Is ‘Like a Shitcoin Community’

Lyn:

Episode Links

Previous Coverage of Unchained:

Bitcoin’s culture and security

Bitcoin Maximalism Is Dead, Long Live Bitcoin Maximalism by Pete Rizo
Setting the record straight by Nic Carter
The Rise and Fall of Bitcoin Culture by Paul J. Dylan-Ennis
Geeks, MOPs, and sociopaths in subculture evolution by David Chapman
Surprisingly, Tail Emission Is Not Inflationary by Peter Todd
Justin Bons’ thread on BTC security model
A (brief and incomplete) history of censorship in /r/Bitcoin by John Blocke

Ultra sound money

Learn more about your ad choices. Visit megaphone.fm/adchoices

Cramer’s Morning Take: P&G 11/19/25

Squawk on the Street

Outro

The AI-powered Podcast Player