Bitcoin Takeover Podcast

Bobby Lee talks about Ballet Wallet, his return to the real Bitcoin, meeting Bruce Willis, debating Nouriel Roubini, and onboarding nocoiners with a skewmorphic object that they can understand. 00:50 – Introduction 2:00 – How Ballet was created 3:16 – Ballet REAL vs PRO 4:55 – BIP 38 in Ballet PRO 7:30 – How Charlie Lee gifted Bobby a Casascius physical coin 9:27 – Skewmorphisms for nocoiners (a physical card is easy to understand) 11:20 – How does the Ballet app work and how does it improve on the Casascius and BTC Mint model? 15:41 – Ballet is not for experienced bitcoiners, but nocoiners who had no previous exposure with BTC and need to learn how it works 19:37 – Ballet PRO as a gift where the giver is the trusted third party 21:00 – The Bruce Willis story (and how his daughters received BTC) 23:40 – How did Bruce Willis react? 24:40 – What Adam Back, Trace Mayer, and Tone Vays thought about the Ballet wallet 28:40 – What is the maximum amount that should be stored on a Ballet Wallet? After which threshold should users look into more sophisticated storage solutions? 30:53 – Can Ballet help incentivize more people to run Bitcoin nodes? 34:30 – Which competitors does Ballet have? 36:55 – Bitcoin onboarding and full nodes 38:48 – Does Ballet compete with mobile wallets? 41:31 – Does the Ballet come in a 3-pack? 42:40 – How did Bobby Lee come up with the name “Ballet”? 45:10 – Bobby Lee’s comeback from the big blocker camp and why he returned to the real Bitcoin 46:37 – BTC actually has bigger blocks on average 47:05 – The network effect of Bitcoin 47:30 – Why the Ballet was created and Bitcoin’s use case 49:39 – Bobby Lee’s debate with Nouriel Roubini 50:40 – Nouriel Roubini is a Bitcoin maximalist 52:10 – Closing comments

On April 14th 2020, JScrilla releases "Sound Money": an eclectic juxtaposition of hip hop beats and famous voices that speak about Bitcoin. The album tells a story about the origins of Bitcoin and how the decentralized currency has evolved during the last 11 years. During this interview, JScrilla also reveals that the album's launch is going to be immortalized on the Bitcoin blockchain, and early buyers will also get unique couterparty tokens.

Phemex CEO Jack Tao talks about his journey from Morgan Stanley to Bitcoin, and explains why he enjoys the decentralized world. 3:16 – What is Phemex? 4:19 – From Morgan Stanley to Bitcoin 7:05 – What makes Bitcoin special? 9:23 – Limitations of the legacy financial system and fungibility 11:18 – Unbanking the banked 13:10 – Phemex vs BitMEX 17:00 – Separation between user accounts and the exchange 18:05 – What is simple about Phemex trading? 20:03 – Find 2.1 BTC in an art puzzle 22:00 – Information about the contest 23:21 – Phemex exchange whitepaper/yellowpaper 29:07 – How does Phemex scale? 32:06 – Why small investors should use Phemex 37:52 – Which hardware wallets does Jack use and recommend? 41:05 – Buying BTC on fiat for DCA 42:42 – How should bitcoiners think of Phemex? 43:41 – No KYC/AML on Phemex 45:49 – The data management problems involved in storing user private data 48:40 – Why BTC insurance is not perfect 50:40 – The lessons we learn from altcoin failures 51:05 – Bad Bitcoin regulations by politicians who don’t get it 54:20 – Big companies demanding for more regulations due to monopolistic greed 59:00 – Closing statements

Coinkite CEO Rodolfo Novak talks about the unique design of the Coldcard wallet and the device's uncompromising approach to security. 5:25 – Why use a hardware wallet? 6:33 – A lot of people have lost their bitcoins in the early days 7:45 – Building your own Coldcard 9:08 – Why is the Coldcard special? 12:10 – What is great about the Trezor? 12:25 – The problem with Trezor 12:43 – Why is the Ledger interesting? 13:00 – What keeps the Ledger from being great? 13:08 – The pros and cons of the KeepKey 13:30 – What is nice about the Cobo? 14:45 – On Slush’s criticism of physical security 16:14 – Whe massive spectrum of secure elements 21:15 – Can airport security hack your hardware wallet? 24:05 – Ledger article “Not All Chips Are Born Equal” and the definition of security element chips 27:10 – Is going Bitcoin-only more secure and profitable? 30:13 – Why altcoiners don’t care much about security 32:17 – Different types of bitcoiners have different kinds of security expectations 34:45 – Can hardware wallet manufacturers keep track of the devices they sell to dox you or steal your coins? 37:16 – User interface wallets that potentially track you 39:30 – Is a KeepKey that you run via Electrum as secure as a Trezor? 40:10 – Is PSBT really safe? 45:03 – Can you check your balance on a Coldcard? 46:50 – Coldcard’s opsec 49:00 – Does Coinkite store any data about customers to link the serial number with the invoice? 50:28 – Coinkite’s merchant processor is proprietary 51:17 – Rolling the dice for more randomness during seed phrase generation 53:11 – What is CK Bunker? 55:05 – Shamir Backup on Coldcard? 56:12 – What is next for the Coldcard? 58:42 – Is it safe to never upgrade your Coldcard and keep it as cold storage? 1:00:56 – Secure elements designed for Bitcoin 1:01:30 – Is the Coldcard comparable with a dedicated general-purpose computer?