IN THIS EPISODE, YOU’LL LEARN: 01:36 - What are some of the most important things happening in the Bitcoin space right now? 08:18 - Thoughts on paper Bitcoin and the impacts moving forward. 14:40 - Thoughts on GBTC discount to NAV. 29:19 - Pierre's thoughts on the Taro protocol from Lightning Labs. 31:02 - Why are so many people using other network for stable coins right now? 40:23 - Why moving stable coins onto the Bitcoin Lightning Network might not be the best use of time. 41:05 - Is ETH a regulatory capture at this point? 53:56 - Tax Loss Harvesting. 58:54 - FASB update to the treatment of Bitcoin on the balance sheet. 01:03:17 - Transaction fees in the future. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Morgen Rochard's Twitter. Morgen Rochard's new book - Bitcoin Personal Finance. Pierre Rochard's Twitter. Pierre's article on Bitcoin fees in the future. Morgen's financial planning company. Morgen and Pierre's Podcast: Bitcoin for Advisors. Related Episode: Talking with Your Advisor About Bitcoin w/ Morgen Rochard - BTC075. Related Episode: Bitcoin Time Stamping w/ Pierre Rochard - BTC095. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Fundrise AT&T The Bitcoin Way USPS American Express Onramp SimpleMining Public Vacasa Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Bitcoin OG Pierre Rochard discusses the DOE's halted energy survey, Senator Warren's initiative, legal victory for miners, Texas' support, upcoming halving event impact, and the Bitcoin 'speculative attack'. Insights on setting a regulatory precedent, challenges faced by miners, and potential future outcomes in the cryptocurrency industry.

Bitcoin expert Pierre Rochard discusses the economics of Bitcoin block space and mining. They talk about Bitcoin's longevity and resistance to change, understanding Bitcoin mining economics and transaction fees, Bitcoin's success and challenges of adoption, as well as Bitcoin mining and distribution. They also explore the potential equilibrium in Bitcoin mining economics and the role of scaling technologies like lightning and multi-sig in stabilizing transaction fees.

Preston Pysh and Pierre Rochard talk about the current draft bill in Texas that's trying to limit Bitcoin mining and what this means in the broader context of state's rights and their competition between local jurisdictions.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:10 - Why Pierre was in the Texas Congress testifying about the benefits of Bitcoin and it's mining infrastructure.04:40 - Explain why Bitcoin is a National Security issue if a country fails to adopt and understand it.07:55 - How much settlement is currently happening on Bitcoin and why is that important?08:48 - Why Demand Response System are important to ensure grid stability.23:50 - Who is the customer of Bitcoin mining?36:08 - State rights issues and bipartisanship with respect to Bitcoin.38:08 - What is the cost of running the existing fiat system compared to Bitcoin?42:51 - Why CBDCs are so dangerous to freedom in the United States.48:27 - Choke-Point 2.0.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Pierre Rochard's Twitter. Riot Mining. More information about this draft TX Bill. Related episode: Listen to BTC116: Bitcoin Ordinals and NFTs on Layer 1 Bitcoin w/ Pierre Rochard, or watch the video. Related episode: Listen to BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard, or watch the video. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Range Rover Briggs & Riley American Express The Bitcoin Way Public Onramp USPS Simon & Schuster SimpleMining Vacasa Shopify AT&T iFlex Stretch Studios Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Pierre Rochard comes back to the show to do a deep dive into ordinals and the impact of people being able to put NFTs onto the base layer of the Bitcoin protocol. Many people in the space are currently debating whether this is a good thing or a bad thing, and there's no one better than Pierre to provide a good objective look at what it means and whether it potentially presents an attack vector to the protocol in the long term.Pierre has an in-depth understanding of the code, how exchanges work, mining, and everything else in between.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:30 - What are ordinals?11:37 - A background on the current mining company that nearly filled an entire block with a .jpg file.29:07 - The idea of a soft fork limiting an op-push in the input / output portion of each block.34:50 - A history on what updates occurred that allowed this to start happening on layer 1 Bitcoin.50:20 - Is this a coordinated DoS attack on the network? Could it be?50:20 - Are their concerns with illicit pictures being put onto the blockchain a potentially attack vector?51:29 - Couldn't node operators simply run a pruned node to defend against such an attack?55:05 - What does this look like in 3 to 5 years from now if nothing is done?56:32 - Thoughts on Charlie Munger's Wall Street Journal article bashing Bitcoin.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Pierre's Twitter account. Pierre's mining company Riot Platforms. Related Episode: Listen to BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre & Morgen Rochard, or watch the video. Related Episode: Listen to BTC095: Bitcoin Time Stamping w/ Pierre Rochard, or watch the video. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORSSupport our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Range Rover Sound Advisory BAM Capital Fidelity SimpleMining Briggs & Riley Public Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Software Releases and Project Updates 00:01:41 COLDCARD Mk4 5.0.7 - Sep 9, 2022 (bit.ly/3BClP0f) 00:05:56 Core Lightning v0.12.0 - Aug 24, 2022 (bit.ly/3S5lr1m) 00:12:43 Blockclock 1.2.0 - Sep 15, 2022 (bit.ly/3BxSILG) 00:13:34 Spectre desktop v1.12.0 - Aug 26, 2022 (bit.ly/3qSWBWK) 00:16:28 Joinmarket v0.9.7 - Aug 28, 2022 (bit.ly/3qWoH3f) 00:17:50 NPM package for SeedXOR. (bit.ly/3C8BOFb) 00:25:56 RoboSats on Umbrel (bit.ly/3fcjDFa) 00:27:19 Ledger adding miniscript (bit.ly/3UmX4xX) 00:29:16 Trezor & Wasabi Join Forces To Make Bitcoin More Private (bit.ly/3BXXJOV) 00:30:03 Fulcrum added to bitcoinbinary (bit.ly/3DK4xBc) 00:37:51 btcd v0.23.1-beta, Aug 31 2022 (bit.ly/3Urjwpv) 00:38:04 Zeus v0.6.6, Aug 26 2022 (bit.ly/3f9vpjD) 00:39:24 Nunchuk implements bip21, Aug 31 2022 (bit.ly/3BZWG14) 00:39:57 BISQ v1.9.5, Aug 22 2022 (bit.ly/3LyPrR5) 00:41:01 Fountain Podcasts v0.4.8 (bit.ly/3f1ZTnH) 01:33:44 ATEC608A NRND (bit.ly/3xGWmBZ) 01:39:26 ETH merge (bit.ly/3SlgfWR) 01:51:21 Spiral - Private info retrieval block explorer (bit.ly/3BDto70) 01:56:03 US Treasury OFAC Releases Clarifications on Tornado Cash Sanctions (bit.ly/3S1PEyl) 01:57:05 BIP Proposal: Wallet Labels Export Format (bit.ly/3Sj5c17) 02:00:51 STARK - Zero knowledge bitcoin blockchain state prover (bit.ly/3C0oT8b) 02:03:09 Mullvad VPN hardware device (bit.ly/3f9LV3p) Noteworthy 00:53:47 BIPBounty: Tax Deductible Bitcoin Bug Bounties  (bit.ly/3LMxP4l) 00:59:34 Fedimint grant season (bit.ly/3S32zjP) 01:00:00 Tether Holds Firm on Decision Not To Freeze Tornado Cash Addresses (bit.ly/3UwFgAg) 01:01:04 New York Digital Investment Group Announces Lightning Accelerator Project “in Wolf’s Clothing” (bit.ly/3xHo1Ti) 01:01:49 Tadge Dryja joins Lightspark (https://bit.ly/3SoAZNG) 01:11:26 Shoutout, no bullshit bitcoin - (bit.ly/3DEqB05) 01:12:22 LN Explorer (bit.ly/3xIYF7k) 01:16:34 Ledger wallets now available at Best Buy (bit.ly/3BA10mr) Bitcoin Optech Newsletter: 01:24:13 Bitcoin Core #23202 extends the psbtbumpfee RPC 01:25:08 Eclair #2387 adds support for fee bumping and signet 01:25:27 LDK #1652 updates support for onion messages w/ ability to send reply paths and decode them when received 01:25:36 HWI #627 adds support for P2TR keypath spends using the BitBox02 hardware signing device 01:33:22 BDK begins verifying both ECDSA and schnorr signatures immediately after the wallet creates them 02:18:00 Events: OsloPlebs Austin Bitcoin Design Club BitBlockBoom Baltic Honeybadger BTCAzores Bitcoin Amsterdam The Bitcoin Collective Atlanta Bitcoin Conf Adopting Bitcoin Unconfiscatable Africa Bitcoin Conf

In this discussion, Pierre Rochard, VP of Research at Riot Platforms, and Bitstein, co-founder of the Nakamoto Institute, dive deep into hyperbitcoinization and Bitcoin's growing prominence. They reflect on Bitcoin’s historical price cycles and the long-term outlook as it navigates the skepticism of central banks. The duo emphasizes the balance between self-custody and Bitcoin banks while tackling misconceptions about yield. Their insights on strategic approaches, including those from MicroStrategy, paint a vivid picture of the evolving financial landscape shaped by Bitcoin.

Pierre Rochard discusses proof of work vs proof of stake, adoption waves, CPI inflation, and the intersection of spirituality and money.

Pierre Rochard, VP of Research at Riot Platforms, delves into Bitcoin's role in long-term savings and its market fit. He introduces a new metric for evaluating Bitcoin savings through UTXO age, highlighting its implications for hodlers. The conversation navigates the challenges of running businesses in a Bitcoin environment and the need for financial decisions to align with personal goals. They discuss the transformative potential of Bitcoin on societal behaviors and the impact of government adoption, emphasizing a shift toward a decentralized future.

Pierre Rochard and Allen Farrington revisit Speculative Attack, shorts on fiat, Bitcoin education, alternatives to rebalancing, institutional prioritization, speculative defense, state bitcoin, inflation truths