What Bitcoin Did
Peter McCormack

Against many challenges, Bitcoin, the worlds first true cryptocurrency has survived for over a decade. With What Bitcoin Did, podcast host Peter McCormack talks to experts in the world of Bitcoin. From developers to investors, journalists to Bitcoin company CEOs, you will learn about everything that is happening in the world of Bitcoin.

“I’m truly blessed to be able to be involved in the disruption of the entire financial system one product at a time, until eventually Peter can just say Fuck the Banks.”— Simon DixonLocation: RemotelyDate: Tuesday 13th AprilCompany: BankToTheFuture, AbraRole: Co-Founder, CEOThe banking system is a regulated Ponzi scheme driven by leverage and debt with onerous rules and powerful gatekeepers. When you are in the system, you are a slave to it, and worse still, the banks can freeze your payments and shut down your accounts.Simon Dixon envisions a future where we aren’t beholden to deputized authoritarian institutions to move and store our money; he thinks we can achieve it by plugging decentralized and centralized systems together. And Bill Barhydt is helping build that future.While Bitcoin is a savings based economy that may help rid us from a world drowning in debt, there are still questions about how people with one foot in the old system, and another foot in the future, will make the transition while maintaining their privacy. While many promising solutions are in development, it’s not clear exactly how we will be borrowing, transacting, and securing our wealth.In this interview, I talk to Simon Dixon, the Co-Founder of BankToTheFuture and Abra CEO Bill Barhydt. We discuss the legacy banking system, the fight for privacy, and the future of banking in a bitcoin world. This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

“This business of crashing, that’s only because we’ve had these stupid idiots who had too much bitcoin who thought they could play with this market, and they’re wrong; they can’t play with the market. Bitcoin is going to be ripped out of those sellers hands; they will never own bitcoin again, they will not be able to afford to own bitcoin, they will have less because they played dumb games.”— BitcoinTINALocation: RemotelyDate: Sunday 11th AprilCompany: N/ARole: N/AWith bitcoin currently sat at ~$60,000 and looking likely to break its previous all-time highs, the bull market is in full swing. After a massive end to 2020 with no signs of slowing, analysts predict anything from $100k to $300k+ in 2021. Are we still in the early stages of this bull market?Typically, bitcoin has had clear 4-year market cycles based around the halving; however, some people think this time may differ. In 2017, it was mainly a retail-driven bull market, with few institutions investing in bitcoin. Still, now with institutions following MicroStrategy’s move, the market has matured, and we have big money investors buying up every dip. So, is this enough to prevent us from ever seeing an 80% drawdown again? Are we amid a supercycle?In this interview, I talk to American HODL & BitcoinTINA. We discuss the current market conditions, if we are in a supercycle, and Hodl and I bet another bitcoin, this time on whether the price reaches $300k in 2021.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop

“I do really, really hope that things sort of snap back and people quite quickly go to normal just as quickly as they fell into this weird sort of madness and totalitarianism, but I think that it’s a real fight.”— ZubyLocation: RemotelyDate: Wednesday 7th AprilCompany: zubymusic.comRole: Rapper, Podcaster and AuthorWith the emergence and rapid spread of COVID-19 in early 2020, governments worldwide opted to lockdown in an unprecedented move. After struggling to contain the spread of COVID and the deadliness and contagiousness relatively unknown, they argued that it was a temporary measure and a necessary step to take as they learned more about the virus.Now, one year on from the initial lockdowns and with vaccination programs well underway, many countries are on their way out of lockdown, but did the lockdowns work? And, was it a necessary reaction to the virus?In this interview, I talk to rapper, podcaster and author Zuby. We discuss the government's response to COVID, the economic and social impact of lockdowns, libertarianism, and the state's role.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD332 - Show Notes-----

“Money is the pillar of civilisation, and our money is broken, its breaking down, its crumbling.”— Brady SwensonLocation: RemotelyDate: Monday 5th AprilCompany: Swan BitcoinRole: Head of EducationThe current bitcoin bull market has been unlike any before. While retail traders have led previous rallies with speculators looking for short term gains vs fiat, this time, institutions are here and buying vast amounts of bitcoin, and many have no intention of selling.The macro conditions this time around are entirely different. Bitcoin investing is no longer a speculative bubble, rather a rational response to the debasement of fiat currencies at an accelerating rate. Investors are looking for a store of value to protect their money from losing purchasing power. Bitcoin buyers and HODLers are not just looking at bitcoin as a way of making money, but truly seeing it for what it is, a hedge against inflation and the hardest money the world has ever known. This is the Bitcoin Renaissance.In this interview, I talk to the Head of Education at Swan Bitcoin, Brady Swenson. We discuss the bitcoin bull market and HODL FOMO, the transitional period between fiat currency and bitcoin and how the future role of state and government will change.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and

“The law in Julian’s case was constantly abrogated top to bottom; conventions of asylum, human rights, due process, and conspiracy...a plague of malice”— John ShiptonLocation: RemotelyDate: Tuesday, 30th MarchCompany: SupportAssange.wauland.deRole: N/AA world where the people are afraid to hold institutions and governments accountable for their actions is a dystopian reality. Julian Assange founded Wikileaks in 2006 to defend against injustices, hypocrisy, and tyranny; he published the truth. And for these actions, he has spent ten years fighting for his freedom.Today is a call to action for everyone aligned with Bitcoin, freedom of speech, freedom of press, censorship-resistance, and justice. Take the time and donate to the defence of Julian Assange.In this special episode, I talk to Julian Assange’s father and brother, John and Gabriel Shipton. My friend Janine also joins us to discuss the plague of malice regarding Julian’s case, his alignment with the Bitcoin ethos, and how you can support his defence.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----

“We’re literally just getting started, we’re like 1/10th of the way to the $10 trillion market cap.”— Cameron WinklevossLocation: RemotelyDate: Wednesday 31st MarchCompany: GeminiRole: Co-FoundersEarlier this year, bitcoin hit a significant milestone when the market capitalisation (the price of the entire current supply) hit $1trillion for the first time. As Cameron Winklevoss said, "from white paper to $1 trillion, bitcoin is eating gold alive."Cameron and Tyler expect this trend to continue. With bitcoin as digital 'gold 2.0' that is more scarce, transferable and a better store of value than gold, it is just a matter of time until it eclipses gold's $10 trillion market cap.To welcome the show's newest sponsor, I talk with Cameron & Tyler Winklevoss, Gemini's co-founders. We discuss their case for $10 trillion bitcoin, sponsoring devs, proof of reserves and whether governments will ban bitcoin.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD329 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and ge

“If there’s a bitcoin ETF that then trades on a major exchange, the more people can essentially access it than if they’re not willing to buy over the counter products...it should increase overall demand”— Lyn AldenLocation: RemotelyDate: Friday 26th, MarchCompany: lynalden.comRole: MacroeconomistThis month we have seen the markets signal an expected increase in inflation; while bond prices are a good indicator, Lyn Alden explains that just looking at bonds or the Consumer Price Index (CPI) does not tell the whole story. Price changes can vary wildly in services, commodities, and especially asset prices, but inflation affects different people in different ways.Outside of inflation, Bitcoiners have been looking closely at the Grayscale Trust (GBTC) recently and specifically the premium. I asked Lyn why people would pay less (or more) than the market price of Bitcoin for shares of GBTC. There are several reasons that GBTC is down recently, one of which is the potential approval of a Bitcoin ETF. Canada recently approved a Bitcoin ETF, with significant demand. An ETF in the United States is still being held up by regulators, despite increasing applications from institutions like Fidelity. But the rumour is one is right around the corner, and it would likely have significantly more demand than Canada's. In this interview, I talk to Lyn Alden, a macroeconomist and Lyn Alden Investment Strategy founder. We discuss bond yields, the effects of the rising inflation rate, the GBTC premium, and potential Bitcoin ETFs.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The l

“You’d be crazy to sell right, now. There’s more buying the dip than ever seen before, a new record for 2021 and we know the person that’s buying the dip is Rick Astley and he’s not going to let us down.”— Willy WooLocation: RemotelyDate: Thursday 25th MarchCompany: HypersheetRole: Co-FounderIn the first two weeks of March, the bitcoin price bounced from around $45k to a new all-time high and local top of $62k. The price then dropped significantly, with many blaming CryptoQuant for the sell-off after posting a message in their Telegram group saying, "18,961 #BTC ($1,145,210,023) aggregated inflow to #Gemini: be careful downside risk from whale dumping" just moments before the price began to crash.While the data was accurate and someone moved a large amount of bitcoin into a Gemini wallet, it was misleading. The move was from BlockFi into Gemini's custodial wallets.But during these dumps, who are the buyers? Willy thinks the people buying the dip are 'Rick Astleys'; HODLer's of last resort who 'never give up, or desert bitcoin'.In this episode, I talk to on-chain analyst and the co-founder of Hypersheet; Willy Woo. We discuss the drop from $62k, Cryptoquant's analysis, the "Rick Astleys" buying the dip and how to catch the top of the market.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

“Shitcoiners are into bitcoin too man, they’re just into your bitcoin. They want your fucking bitcoin.”— American HODLSHOW DESCRIPTIONLocation: RemotelyDate: Thursday 25th MarchCompany: N/ARole: N/ABack in the fall, American HODL and I bet on the outcome of the US election, with Phil Geiger, from Unchained Capital as the arbiter. In this show, we got together to settle the bet.But so much has happened since we made the bet and I asked HODL to join us for a monthly bitcoin rehab show. Despite the massive gains bitcoin has made this last year, it feels like a wall of money is still to come. Money managers increasingly realize their jobs may be replaced by two words: “buy bitcoin”. Top risk analysis teams at companies like iconic insurance firm MassMutual are hedging with massive allocations. The only real question is, who’s next?While the price action has been bouncing around for the past few weeks, sometimes we perhaps lose perspective on how far we have come. Weak hands sell; strong hands accumulate.In this interview, I talk to American HODL and Phil Geiger. We discuss settlement of our Trump bet, rumours of the incoming institutional stampede, strong hands (and HODL yells at everyone).This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

“You should really try to dive into this stuff and see all the benefits that you can get out of bitcoin, besides just watching your account balance in Coinbase be worth more and more money every day.”— ShinobiLocation: RemotelyDate: Tuesday 23rd MarchCompany: Block DigestRole: HostWith Bitcoin, if you don't control your private keys, you don't own your bitcoin. That means the first thing you should do once you have bought bitcoin is to move it to a wallet you control.Bitcoin wallets come in all shapes and sizes and offer different use cases depending on the amount of bitcoin you have and how you intend to use it:For smaller amounts of bitcoin, mobile and desktop wallets are convenient and often simple to use. However, by operating on your device, they are constantly connected to the internet and more vulnerable to attack.For more significant bitcoin holdings, hardware wallets separate your keys from an internet connection and offer a far greater level of security.Another option for securing large amounts of bitcoin is multi-signature wallets. A multi-signature wallet requires multiple keys to sign a transaction; this means you can geographically distribute these keys and have no single point of failure.In this interview, I talk to Shinobi, the host of Block Digest. We discuss the tradeoffs between different wallets, how wallets work, and how you should secure your bitcoin.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.

“Economic reality will dictate bitcoins future, not niceness… it’s fuck you money, if you dont agree with the bitcoin that i’m using I can say ‘fuck you’ I’m doing everything myself.”— GigiLocation: RemotelyDate: Friday 12th MarchCompany: dergigi.comRole: WriterBitcoin is an implicit rejection of the existing system. From the early cypherpunks to the recent multi-billion dollar CEOs, the people that take the plunge down the rabbit hole possess an ability to think outside-the-box. They come with an open mind and often discover that Bitcoin has changed them.The permissionless nature of Bitcoin means that anyone who is running a node and interacting with the network is able to decide for themselves what Bitcoin is. For different people, it solves different problems, but ultimately, everyone on the network is confined to the rules of consensus. In this interview, I talk to Bitcoin writer Gigi. We discuss the philosophical teachings of Bitcoin, toxicity as a feature, and how bitcoin creates its own space-time.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD324 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the

“If bitcoin gapped up 50% tomorrow with no liquidity in between BlockFi would be fine. We would be better than fine, we would be popping champagne alongside everyone else.”— Zac PrinceLocation: RemotelyDate: Tuesday 16th MarchCompany: BlockFiRole: CEOBlockFi is a platform that brings financial services to bitcoin, and with their platform, you can earn interest on bitcoin deposits and take out collateralised loans.While BlockFi has operated successfully in the space for several years and survived market challenges, such as the March 2020 crash, Bitcoiners often criticise their business model. “Not your keys, not your coins” is an important message regarding bitcoin, and some view custodial lending platforms as antithetical to this, questioning whether 6% interest per year is worth the risk on an asset that, on average, appreciates 200% a year.While it is a personal choice, there is also a subset of bitcoiners that spread misinformation and unsubstantiated claims against BlockFi and other lending platforms.To address the risk-reward of BlockFi and answer some of the questions & misconceptions, I talk to BlockFi CEO Zac Prince. We discuss building the present and future of Bitcoin capital markets, the demand for crypto-liquidity and BlockFi’s solutions to the challenges of managing risk in this growing financial frontier.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware

“We can build one currency for our entire fucking planet, that’s an OK thing, that’s still an admirable goal. We don’t have to feel, as bitcoiners, that we somehow failed if that first currency can’t be used on every planet of the cosmos.”— Dhruv BansalLocation: RemotelyDate: Tuesday 16th MarchCompany: Unchained CapitalRole: Co-founderWith SpaceX CEO Elon Musk “highly confident” that his company will land humans on Mars by 2026, the human colonisation of another planet within our solar system has never been closer. Once humans settle on another world, one question that will have to be solved is what money will be used as the local currency? The obvious answer may, on the surface, be bitcoin. But how would that work?With the time it takes to send a signal over such a vast distance, we will need to consider how bitcoin functions at scale throughout the solar system. Sending bitcoin transactions from Mars to Earth could work fine if you don’t mind waiting several hours for confirmation, but mining will be impossible on Mars. So, will we use bitcoin on Mars, or will its colony rely on a new ‘Muskcoin’? In this interview, I talk to Unchained Capital co-founder Dhruv Bansal. We discuss his Bitcoin Astronomy series of articles, the prospects of Bitcoin as an interplanetary currency, SpaceX, colonisation of other planets, and hyperbitcoinisation.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The

“It’s inevitable that if you own zero bitcoin right now, you are taking extreme amounts of risk.”— Greg FossLocation: RemotelyDate: Tuesday 9th MarchCompany: Validus Power CorpRole: Bitcoin StrategistSince early February, 10-year Treasury yields have risen from 1.13% to as high as 1.625%. This rise, which equates to 48 basis points, is the highest in a year and has sparked some bond investors to raise inflation concerns. While the Consumer Price Index (a metric for judging the level of inflation) is currently around 2%, analysts suggest the actual inflation rate could be as high as 10%. Because of this and growing uncertainty in the markets, Bitcoin Strategist Greg Foss sees Bitcoin as portfolio insurance. He believes that if you don’t own Bitcoin, you are taking “extreme amounts of risk”.In this interview, I talk with Greg about the growing treasury yields, what this means for the markets, inflation and what a debt spiral means for fiat currencies and bitcoin.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD321 - Show Notes

“Bitcoin is fuck you money, it’s fuck you to every policy, every police state, and every politician in the world. That’s the power of it.”— Robert BreedloveLocation: RemotelyDate: Sunday 7th MarchCompany: IndependentRole: Bitcoin WriterThe Sovereign Individual: Mastering the Transition to the Information Age is a prophetic book released in 1997 by William Rees Mogg and James Dale Davidson. The book was written before the widespread adoption of the internet, social media, and Bitcoin, yet predicted a future that is remarkably close to the one we live in today, opening with the quote, “The future is disorder.”In the book, Mogg and Davidson describe their vision of the future and how the rise of digital technology would make the world much more competitive, unequal and unstable. The pair also predicted a ‘cyber money’ that would empower the individual to splinter from the nation-state. “As cybercommerce begins, it will lead inevitably to cybermoney. This new form of money will reset the odds, reducing the capacity of the world’s nation-states to determine who becomes a Sovereign Individual”. In this interview, I talk to Bitcoin writer Robert Breedlove. We discuss why The Sovereign Individual is such an essential book for Bitcoiners, violence in a libertarian world, why bitcoin is a threat to the state and the ascending and descending world.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading prov

“The most expensive purchase you ever make in your life is your government, and over the course of your life… roughly 50% of everything you ever earn will be taken from your taxes.”— Dominic FrisbyLocation: RemotelyDate: Thursday 4th MarchCompany: dominicfrisby.comRole: Author, Comedian & Voice ActorCOVID-19’s impact on the global economy has been immense. Efforts to counter these effects have been varied, from unprecedented levels of money printing to increased taxation and other fiscal policies.Rishi Sunak, the Chancellor of the Exchequer, recently announced that, in 2023, there will be an increase in corporation tax in the UK, claiming this would put the burden on business to support the economic recovery from COVID-19. It has, however, raised concerns that this may force companies to move elsewhere.Dominic Frisby is a British author, comedian and voice actor who has written several books, including; Bitcoin: The Future of Money and, more recently, Daylight Robbery: How Tax Shaped Our Past and Will Change Our Future.In this interview, I talk to him about his book Daylight Robbery, the effects of taxation and the proposed rise in corporation tax in the UK, libertarianism and gold vs bitcoin.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware

Location: RemotelyDate: Saturday 6th MarchCompany: Block DigestRole: HostThe core fundamental aspect of Bitcoin is its censorship-resistant nature; this is only possible because the network is meaningfully decentralised. Bitcoiners achieve decentralisation across the world, running nodes. These nodes maintain the network rules, known as consensus, and ensure all transactions and blocks are valid by keeping a copy of the entire history of the blockchain. Following my previous interview with Shinobi, I went away and attempted to set up three things:- Tor - a distributed network that preserves my privacy by hiding the location of my node and preventing eavesdropping- Bitcoin Core - the most popular bitcoin node software- Specter - software that connects to your Bitcoin node and allows you to create a local wallet or connect to a hardware walletIn this interview, Shinobi helps me set up Tor, Bitcoin Core and Specter, and we discuss the difficulties for non-technical people, UX and why running a node is essential.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

“Here we’ve actually got a broadening, diversifying, deepening market which looks perfect technically, has a good roadmap, has good seasonality. If you can’t find conviction here, you’re never going to find it. This is the perfect storm for bitcoin.”— Raoul PalLocation: RemotelyDate: Thursday 4th FebruaryCompany: Real VisionRole: Co-Founder & CEOUnlike almost every other market, in bitcoin, retail had the chance to front-run Wall Street. Since before bitcoin even had a price, the libertarians and cryptographers believed in bitcoin's ability to become the world's most dominant financial system.Bitcoin has been through many boom and bust cycles that were almost entirely retail-driven, yet the institutions have dominated the 2017 narrative.MicroStrategy changed the landscape for bitcoin investment and ushered in a new wave of 'smart' money. While there was undoubtedly institutional investment before MicroStrategy, it was their purchase of 21,454 bitcoin in August of last year that opened the floodgates to corporate investment.But how do these traditional, 'smart' money investors view bitcoin? And what do they think of bitcoiners?In this interview, I talk to Raoul Pal, macroeconomist and co-founder & CEO of Real Vision. We discuss the differences between retail and institutional investors, what a $1 trillion market cap means, volatility and market cycles.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus

“It’s basically the best investment of all time, and I have a feeling it’s not going settle down for a while. I mean, it could go to $1 million, even $10 million... $ 1million is no longer a crazy number to put out there for bitcoin.”— Balaji SrinivasanLocation: RemotelyDate: Friday 19th FebruaryCompany: balajis.comRole: Angel Investor & EntrepreneurThe corporate adoption of bitcoin has widely defined the last 12 months for bitcoin. Following Michael Saylor’s watershed move, companies such as Tesla and Square have been adding bitcoin to their treasuries.Many see the next logical step as nation-states adding bitcoin to their reserves. While some countries like Estonia and Malta have been very open to bitcoin, a large number still, at least publicly, have a less welcoming stance.The Indian government recently announced its intention to ban ‘private’ cryptocurrencies, including bitcoin, fearing adoption would threaten national security and create a capital outflow from the country. Balaji Srinivasan thinks this is the wrong move and put forward the opposite case in his recent article Why India Should Buy Bitcoin.In this interview, we discuss the benefits to a nation-state adopting bitcoin, why India are the perfect first mover and the demise of Silicon Valley.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading

“The bank has the database that says who has all the money and how much money. The special thing about Bitcoin is that everybody can run and verify that database themselves.”— ShinobiLocation: RemotelyDate: Tuesday 23rd FebCompany: Block DigestRole: HostThe core fundamental aspect of Bitcoin is its censorship-resistant nature; this is only possible because the network is meaningfully decentralized. Decentralization is achieved by bitcoiners worldwide running nodes (a computer connected to the bitcoin network, e.g. Bitcoin Core). These nodes maintain the network rules, known as consensus, and ensure all transactions and blocks are valid by keeping a copy of the entire history of the blockchain. Aside from supporting the network, running a node helps improve your privacy and allows you to validate your transactions without requiring a 3rd party. If you are not running a full node, you cannot use the bitcoin network in a trustless way. It is hard to know the exact number of nodes connected to the bitcoin network. However, Luke Dashjr estimates the number to be somewhere around 80,000.In this interview, I talk to Shinobi, the host of Block Digest. We discuss what a node is, why running a node is crucial for the network, which hardware & software to use, and the impact on privacy.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts Bitcoin