Bitcoin Audible

Roundtable_010 - Generational Rug Pulls and The End of Bitcoin

Jun 30, 2025
Guest
Steve Simple
Guest
Jeff Swann
Guest
Bitcoin Mechanic
Join Bitcoin Mechanic, a Bitcoin expert and advocate, Jeff Swann, a passionate Bitcoin enthusiast, and Steve Simple, a blockchain archaeologist, as they dive into the quirky world of Bitcoin today. They discuss everything from the chaos of Zoom weddings to the complexities of decentralization and mempool spam. The trio also debates the future of Bitcoin's technology and culture, examining risks in mining and shedding light on Bitcoin's role in our economic reality. Expect insightful analysis mingled with a touch of whimsy!
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ANECDOTE

Zoom Wedding and Move Plan

  • Jeff Swann plans a Zoom wedding in Utah due to visa complications.
  • He intends to move to Antigua with his wife after the wedding to seek citizenship by investment.
INSIGHT

USD Price Is Immutable Signal

  • The dominant on-chain signal is the USD price trading against Bitcoin.
  • This price data is the most immutable digital economic record ever preserved.
INSIGHT

Spam Filters and Signature Discounts

  • Spam filters lower transaction spam by making it more expensive.
  • The witness signature discount reverses this, making spam cheaper than legitimate transactions.
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