Bitcoin Audible

Chat_155 - Where We Are, Where We've Been, & Where We're Going with Ben Kaufman

14 snips
Dec 28, 2025
In this discussion, Bitcoin developer Ben Kaufman delves into the current state of Bitcoin and its four-year cycle, examining the impact of ETFs and institutional adoption. He highlights the importance of user experience (UX) in wallet development, discussing innovations like Miniscript and Bitcoin Keeper. The conversation also touches on Lightning's evolution as a payment option, while addressing challenges around privacy and regulation. Ben shares insights on AI's influence on productivity and the need for adaptability in an ever-changing landscape.
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INSIGHT

Four-Year Cycle Still Appears Valid

  • The four-year Bitcoin cycle still appears to play out despite timing shifts.
  • Ben Kaufman expects a repeat pattern of bull run then decline over several years.
INSIGHT

Mainstream Financialization Changed The Culture

  • Financialization and mainstream adoption changed Bitcoin's community and dynamics.
  • Institutions and politicians now treat Bitcoin as legitimate and widespread.
ADVICE

Balance Miniscript Power With Simple UX

  • Use script-based constructions to add recovery, inheritance, and safety UX without sacrificing sovereignty.
  • Balance complexity and user experience when exposing Miniscript features to users.
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