In this episode, I chat with Stephan Livera, Bitcoin educator, host of the Stephan Livera Podcast, and advisor at Bold Bitcoin. We explore his journey of escaping the lockdowns in Australia to build a new life in Dubai, and how his libertarian values and understanding of Bitcoin economics shaped that decision.

Stephan also shares his thoughts on cycles, proof of reserves, the role of stablecoins, and the long-term outlook for hyperbitcoinization.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Stephan Livera on X: https://x.com/stephanlivera

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:09 - Escaping Australia and the Birth of a New Life in Dubai

06:34 - How Bitcoin and Libertarianism Shaped Stephan’s Exit

12:09 - Feeling Disconnected from Home and Becoming a Global Citizen

16:24 - The Allure of Dubai and Its Strategic Advantages

18:54 - Bitcoin Core vs. Knots, Ordinals, and Relay Filters

23:09 - Consensus vs. Policy and Mining Centralization Risks

28:09 - Core Development, Multiple Implementations, and GitHub Controversy

32:34 - Bitcoin Core Funding and Developer Incentives

35:54 - Bitcoin Treasury Companies and Fiat Arbitrage Opportunities

40:09 - Understanding Risk and the Premium to NAV Debate

45:29 - Global Perspectives: Trapped Capital, Arbitrage, and Institutional Flows

49:49 - The Future of Treasury Companies and Their Evolution

55:09 - Nation-State Adoption and Libertarian Reflections

58:24 - Market Cycles, Future Peaks, and Drawdowns

01:04:49 - Is It Too Late to Stack? Advice for Friends and Family

01:07:54 - Inflation, Recess from the Rulers, and the Tether Debate

01:11:03 - Seven Years of Bitcoin Podcasting: What Keeps Stephan Going

01:12:28 - Aha Moments, Power Laws, and the Path to Hyperbitcoinization

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

Produced by nilli studio (https://x.com/nillistudio)

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

5-MINUTE FRIDAY: Meeting Yourself With Where You're At Is Pretty Empowering