What’s Next for Bitcoin and Mutiny Wallet with Ben Carman SLP551

Feb 19, 2024

Discussing Bitcoin's scaling challenges and development culture, exploring soft forks and covenants. What qualifies as Bitcoin L2, benefits of covenants, Mutiny Wallet updates. Delving into Fedimint support, synthetic USD, and blockchain spam. Navigation of Bitcoin adoption hurdles and solutions.

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Introduction

00:00 • 4min

Exploring Bitcoin Scalability and Development Innovations

03:34 • 22min

Bitcoin transaction monitoring, Hardware security options, and Payment pool challenges discussion

25:23 • 4min

Simplicity and User Experience in Developing Mutiny Wallet

29:20 • 17min

Exploring Offshore Tax Planning and Plan B Options for Bitcoiners

45:51 • 5min

Exploring the Future of Multi-Fed Wallets and Synthetic USD

50:49 • 13min

Navigating Bitcoin Adoption and Addressing Blockchain Spam

01:03:25 • 6min

Ben Carman of Mutiny Wallet rejoins me on the show to talk about what’s coming next for Bitcoin. We talk about scaling Bitcoin and contrast the different mindsets, discuss different soft fork proposals and directions Bitcoin could go. We also talk about what impact covenants will have and the latest with Mutiny Wallet.

Bitcoin’s biggest challenges
Taxonomy of Bitcoin development culture
Soft forks and covenants
What ‘counts’ as a Bitcoin L2?
What are the big benefits of covenants?
Mutiny Wallet - a new Hybrid era?
Will people get priced out?
Fedimint support
Synthetic USD or swaps?
Inscriptions and Spam

Links:

Site: mutinywallet.com
X: @benthecarman
nostr: npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz
Inscriptions post: https://habla.news/a/naddr1qqxnzdesxgerxdp58yenyvejqgswrlemlh2wgqc4jkds3d8ueqj9a2j3gcm7r48v9tskdd6rxsd7rtcrqsqqqa28wdzn0j

Sponsors:

Swan.com (code LIVERA)
CoinKite.com (code LIVERA)
Mempool.space
N omadcapitalist.com

Stephan Livera links:

Timestamps/Chapters:

00:00 - Introduction
01:18 - Bitcoin's Challenges: Scaling and Social Consensus
08:50 - Different Perspectives on Bitcoin's Future
16:10 - The Importance of Unilateral Exit and Self-Custody
21:16 - The Potential of Covenants for Scaling Bitcoin
25:23 - Mempool.space
26:17 - Coinkite.com
27:37 - Bitcoin Ark - A Payment Pool
31:11 - Introduction to Mutiny Wallet
34:36 - Addressing Security Concerns
37:06 - Simplifying Onboarding and Social Features in Mutiny Wallet
41:50 - The Challenge of Scalability and Affordability
43:50 - Building a Hybrid Wallet with Fediment Support
45:50 - NomadCapitalist.com
47:50 - Swan.com
49:07 - Guardians and Discoverability in Mutiny Wallet
50:50 - Multiple Federation Support in Mutiny Wallet
55:25 - Stable Channels and Synthetic USD in Mutiny Wallet
01:00:20 - The Role of ETFs and Number Go Up in Bitcoin Adoption
01:04:40 - The Debate on Inscriptions and Shitcoins in Bitcoin
01:08:01 - Closing Thoughts