Bitcoin Magazine Podcast

Printing is the plague and Bitcoin is the cure! In this episode of the Bitcoin Magazine podcast, ck sits with Thib Maréchal to discuss the hsitory of money printing and how Bitcoin offers humanity a solution to the great plague of money printing. The original article: https://bitcoinmagazine.com/articles/the-great-plague-of-shitcoinery Topic: Defining Seniorage. bitcoin as a decentralized monetary mint.  The Fight to control the money printer.  Tech narrative v monetary Narrative  Sound money and time preference. Twitter: https://twitter.com/BitcoinMagazine LinkedIn: https://www.linkedin.com/company/bitcoin-magazine/ Facebook: https://www.facebook.com/BitcoinMagazine Twitch: https://www.twitch.tv/bitcoin Subscribe to our newsletter and receive news and analysis before anyone else: https://bitcoinmagazine.com/subscribe

Ck sits down with Max Hillebrand (@HillebrandMax), prolific Bitcoin educator and member of ZK Snacks. We dive into updates on Wasabi Wallet (ZK Snack’s primary product) As well as discuss higher level intros to topics that are essential for all Bitcoiners And liberty advocates. Topics: Wasabi Wallet updates Chaincase creating a mobile client for Wasabi coinjoins. Explaining Crypto Anarchy Explaining property rights.

On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss “Assume UTXO”, a proposal and project by Chaincode Labs alumni James O’Beirne.   One of the biggest bottlenecks for scaling Bitcoin — if not the biggest one — is initial block download: the time it takes for a Bitcoin node to synchronize with the Bitcoin network, as it needs to process all historic transactions and blocks in order to construct the latest UTXO-set: the current state of bitcoin-ownership.   Aaron and Sjors explain some of the ways sync-time has been sped up over time. First, sync-time was improved through “Headers First” synchronization, which ensures that new Bitcoin nodes don’t waste time validating (potentially) weaker blockchains. In recent years, sync-time has been improved with “Assume Valid”, an optional shortcut that lets nodes skip signature verification of older transactions, instead trusting that the Bitcoin Core development process in combination with the resource-expensive nature of mining offers a reliable version of transaction history. Finally, they explain how the security assumptions underpinning Assume Valid could be extended to allow for the potential future upgrade Assume UTXO to offer new Bitcoin Core users a speedy solution to get up to speed with the Bitcoin network, sacrificing a minimal amount of security during the initial bootstrapping phase.   Helpful Links:    Chaincode podcast about the same: https://www.youtube.com/watch?v=knBHvzKsIOY   Pull request: https://github.com/bitcoin/bitcoin/issues/15605 Support the Show! Follow Bitcoin Magazine on Twitter @BitcoinMagazine Follow Aaron van Wirdum @AaronvanW Follow Sjors Provoost @provoost Music: Song Title: Segwit Sounds By: The NakamoTones Album: Citadel Music Produced by: Bitcoin Audio

The last three months in Bitcoin have been marked by large corporate entities transitioning significant portions of their treasury holdings into bitcoin, most notably MicroStrategy and Square. To compile this trend into a single, easily-digestible database, Coinkite’s Rodolfo Novak (@NVK) launched bitcointreasuries.org, listing companies that have made the transition to hold bitcoin as a treasury asset. In this interview with Bitcoin Magazine's Peter Chawaga (@PeterChawaga), Novak explains why corporations are choosing this moment to FOMO into bitcoin, what this trend means for your average sat-stacking bitcoin investor and what corporate interest in BTC reserves could look like in ten years.

In this episode, CK and I try to describe the scene, including a video message from Kristalina Georgieva, IMF Managing Director, Washington, DC, on October 15th, titled A New Bretton Woods Moment and this IMF panel with Chairman Powell. Topics: Brettonwoods 2.0 Effect of Libra on the CBDC conversation? USA not moving quickly on CBDC what is a CBDC Feds view of CBDCs Bitcoin Momentum globally Useful Links: IMF “Bretton Woods moment video https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment IMF panel with Powell https://youtu.be/mVmKN4DSu3g Please rate and share the podcast You can find us @BitcoinMagazine on Twitter. Ansel Lindner on Twitter @AnselLindner Christian Keroles on Twitter @ck_SNARKs

Our guest this week is Sathvik Vishwanath, CEO of India based Bitcoin exchange Unocoin. A tech entrepreneur who got into Bitcoin in 2013, starting a Bitcoin meetup group in Bangalore out of which came the founding team of Unocoin, Sathvik as CEO is now leading the company through a new Series A funding round led by Draper Associates. We discus how Unocoin became the market leader in India initially, what the exchange ecosystem in India looks like now, why it is a market playing catchup, and why he is bullish on what is next. There aren’t many people who have been operating Bitcoin businesses in India since 2013, and I enjoyed Sathvik’s insights.  

Bitcoin Core 0.21 will support Tor v3 addresses. Aaron and Sjors explain what this means and why it matters, and also discuss how new Bitcoin nodes find existing Bitcoin nodes when they bootstrap to the network. Helpful Links: * Tor V3 (onion) address support in Bitcoin Core: https://github.com/bitcoin/bitcoin/pull/19954 * the ADDRv2 message added in BIP155 that allows nodes to gossip those new Tor addresses: https://github.com/bitcoin/bips/blob/master/bip-0155.mediawiki#Specification * DNS seeds and the bootstrap problem: https://stackoverflow.com/questions/41673073/how-does-the-bitcoin-client-determine-the-first-ip-address-to-connect Timestamps: 00:00 - 00:34 - intro  1:02 - 2:10: how Tor Works 2:25 - 3:03: benefits of running a bitcoin node behind tor.  7:12 - 8:19 Discussing how Bitcoin node gossip addresses.  8:56 - 10:40 Explaining how DNS works  12:30 - 13:30: DNS is storing list of bitcoin nodes.    Support the Show! Follow Bitcoin Magazine on Twitter @BitcoinMagazine Follow Aaron van Wirdum @AaronvanW Follow Sjors Provoost @provoost Follow Ruben Somsen @SomsenRuben Music: Song Title: Segwit Sounds By: The NakamoTones Album: Citadel Music Produced by: Bitcoin Audio

Our guest this week is Nishant Sharma, a long time bitcoin mining industry insider in China who is now a founder and partner of BlocksBridge Consulting, a communications strategy and advisory firm focused on the Bitcoin mining sector and serving some of its largest companies. Nishant has been in the mining space since 2014, including 4 years at Bitmain in Beijing. We discuss his time at Bitmain, seeing it grow from a two digit employee company to a dominant player in the industry, trends in the mining space outside of China, state of mainstream and industry media coverage and more.

Ck sits down with one of the most inspiring and impressive entrepreneurs in the Bitcoin industry. Ray Youssef is the head of Paxful, the leading p2p Bitcoin trading. Ray is on a mission to spread financial freedom to the world. We cover recent news pertaining to Paxful as well as make predictions on where bitcoin is going.    Timestamps:  0:00-0:58 Intro 0:59 - 1:56 What is happening in the world of P2P finance  5:13 - 7:14 Discussing Bitcoin and Tether as global clearing layers.  7:14 -  8:34 Tether v Bitcoin on Paxful  9:00 - 11:17 How does tether’s Success affect your Bitcoin Thesis?  11:14 - 13:07 Discussing the inherent risk associated with Tether adoption on paxful.  13:30 - 15:48 Discussing having to pull Paxful operations from Venezuela.  15:55 - 17:10 Bitcoin is already unstoppable but its still too hard for average people. - ray  22:21-24:41 Ray talking about how Bitcoin and open source tech will take over.  25:45 - 26:38 Ray talks about why he fights for financial freedom and bitcoin. 

In this episode of The Van Wirdum Sjorsnado, Ruben Somsen returns to explain his proposal to combine blind merged mining and perpetual one-way pegs in order to create a new type of sidechain. The bad news: it won't make you rich but it could help scale Bitcoin! Helpful Links:  https://medium.com/@RubenSomsen/21-million-bitcoins-to-rule-all-sidechains-the-perpetual-one-way-peg-96cb2f8ac302 Support the Show! Follow Bitcoin Magazine on Twitter @BitcoinMagazine Follow Aaron van Wirdum @AaronvanW Follow Sjors Provoost @provoost Follow Ruben Somsen @SomsenRuben Music: Song Title: Segwit Sounds By: The NakamoTones Album: Citadel Music Produced by: Bitcoin Audio