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.

“Paypal de-platform people, MasterCard, which is the processing behind a lot of these systems de-platform people… and the only thing left is Bitcoin.”— Adam CurryLocation: SquadcastDate: Tuesday 3rd NovemberProject: No Agenda PodcastRole: Co-HostAdam Curry, along with Dave Winer are credited as the creators of podcasting in the early 2000s. The idea of allowing anyone to broadcast over the internet in an unfiltered and uncensored manner was revolutionary.For nearly two decades, podcasting has grown into an industry, which Business Insider predicts will be worth $1billion by 2021. With the meteoric rise in podcasting, some podcasts are attracting more followers than mainstream TV shows, for example, Joe Rogan regularly receives more than 10 million listeners per show. Advertisers wanting exposure to these audiences is the most common way to monetise podcasting. Adam Curry wants to move away from revenue driven by advertising which he believes is a form of censorship. Again Adam is attempting to revolutionise podcasting with Podcast Index that will, optionally, allow micropayments via Lightning Network to reward podcasters for their content.In this interview, I talk to the podfather Adam Curry. We discuss the origins of podcasting, COVID-19 & vaccinations, de-platforming & cancel culture and utilising the Lightning Network for podcast micropayments.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

“I want to see a world that is optimised for freedom, not for safety.”— Aleks SvetskiLocation: SquadcastDate: Tuesday 3rd NovemberProject: AmberRole: CEOThe sound money properties of Bitcoin attract those interested in Austrian Economics and Libertarianism; in fact, Libertarians were one of the earliest groups of people to adopt Bitcoin and truly understand its importance and value.Since I've gone down the Bitcoin rabbit hole, Libertarianism has been something that I have paid close attention to on the show. The arguments for an anarchist society are compelling; however, one thing that I have always struggled with is how an anarchist society would work and how we would transition to this from a democratic society.In this interview, I talk to Aleks Svetski, a Libertarian who has written several articles outlining how he thinks an anarchist society would work. We discuss libertarianism, democratic v anarchist societies and the erosion of individual freedoms.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.-----WBD277 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get a

“I think this election was Trump vs the media, Biden was just a placeholder.”— American HODLLocation: SquadcastDate: Tuesday 3rd NovemberIn July, I tweeted that I would bet anyone $5,000 that Trump would lose the 2020 election. American Hodl took me up on the bet, and with the help of Phil Geiger we each deposited 0.5 BTC into a multisig.With the election this week, I caught up with American HODL three times, before, during and after the election to discuss everything that is happening.While Joe Biden went into the election as the clear favourite, according to the polls, it wasn’t long before the narrative switched and by the early hours of election day UK time, Trump looked sure to win.The following morning, as the results of mail-in ballots hit the counts, the election swung back in favour of Biden. With Wisconsin and Michigan flipping democrat and Pennsylvania threatening to do the same, Biden looks like he may win the race to the Whitehouse. The election has not been without drama, with accusations from Donald Trump and his supporters of fraud. Now legal challenges are being submitted, and the path to a decision is unclear.In this interview, American HODL and I catch up before, during & after the US Election. We follow the ups and downs of election night, Trump threatening legal action in various states, demanding recounts and what happens between now and the inauguration. 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.-

“If what they’re telling you is they want to do a Bretton Woods, where we can all agree to stabilise our currencies and do massive printing… christ, if you’re after a better case for Bitcoin, I’ve never heard of one.”— Raoul PalLocation: SquadcastDate: Thursday 29th OctoberCompany: Real VisionRole: Co-Founder & CEOThe Bretton Woods agreement was created in 1944, following the end of the Second World War. The agreement pegged the US Dollar to gold, with other nations pegging their currencies to the dollar. The agreement was an attempt to stabilise economies after the devastation of the war.The IMF recently released an article in which they called the economic impact of the COVID-19 pandemic a “new Bretton Woods moment.” Suggesting that the pandemic’s effect on the economy and the substantial fiscal stimulus required may be too hard to come back from without change.The IMF announcement happened in the shadow of central banks around the world looking more and more at issuing their digital currencies. These Central Bank Digital Currencies, known as CBDCs, will give more power to the state over the control and flow of money. While this control does offer some benefits, they do also increase surveillance and reduce monetary freedoms.Are we in the midst of a revolution in money? And what does it mean for Bitcoin?In this interview, I am joined by Raoul Pal, macroeconomist and co-founder & CEO of Real Vision. We discuss the IMF considering a new Bretton Woods type system, central banks issuing digital currencies and what this means for 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.Leas

“It’s not even about the financial gain; sure maybe it’ll 10x, maybe it’ll 100x, maybe it’ll 2x. I don’t really care. It’s about the freedom.”— Kevin LehtiniittyLocation: SquadcastDate: Wednesday 14th OctoberCompany: Prime Trust Role: Chief Product OfficerOver the last few years, neobanks and fintech companies such as Cash App, Revolut, Venmo (amongst others) have grown hugely in popularity, with many choosing to step away from traditional banking and jump on this new wave in finance.Neobanks offer features that you cannot access in the traditional finance world. Along with quick and more effortless transactions, many services allow you to invest in stocks, commodities and Bitcoin (and other cryptocurrencies), from within their apps.So, what impact will exposing hundreds of millions of people to Bitcoin have?Prime Trust is one of the companies behind that help these fintech businesses operate, and in this interview, I talk to Kevin Lehtiniitty, their Chief Product Officer. We discuss financial censorship, the outdated legacy infrastructure in the US, neobanking and the role of bitcoin in the future of financial applications.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD274 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7

“This irrational exuberance is where I’m like you know what… calm the fuck down, this stuff is not promised to you, number will not always go up, it is not guaranteed to hit $100k, $288k or whatever fucking number you want and even if it does hit $1 million, you wonder what $1million will be worth at the time.”- Rusty RussellLocation: SquadcastDate: Friday 25rd SeptemberCompany: Blockstream Role: Lightning Network DeveloperBitcoiners can be firm in their views and are often called toxic by outsiders; however, this toxicity plays an important role. Bitcoin is a threat to the legacy financial system. It is therefore open to a broad range of attacks from technical to social and Bitcoin's immune system defends against these attacks to protect the protocol.In previous episodes, I have looked at the pros and cons of toxicity and how it acts as an immune system for Bitcoiner. Does this immune system lead to silly narratives going unchallenged? Can Bitcoin fix everything or are we missing critical nuanced debates regarding its potential?Rusty Russell is somewhat of a contrarian in the Bitcoin space. He is a lightning network developer for Blockstream but also runs the Shit Bitcoiners Say Twitter account which regularly calls out some of the more overzealous and outlandish claims by Bitcoiners.In this interview, Rusty and I discuss the lightning network, open-source development, narratives and overzealous Bitcoiners.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD273 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can hel

“The question in our mind is not so much does it get to $500K, but how quickly.”— Cameron WinklevossLocation: SquadcastDate: Tuesday 20th OctoberCompany: GeminiRole: Co-FoundersIn August, Cameron and Tyler Winklevoss released The Case for $500K Bitcoin. A paper that outlines the value proposition of Bitcoin, why it is a superior store of value and hedge against inflation than either gold, oil and the US dollar.In the paper, they describe the world as ‘drowning in debt’, even before the coronavirus outbreak, and predict that the pandemic may cause everyone to come face to face with the reality of debt spiralling out of control.While the impact on the world may be scary for the broader economy, the twins outline Bitcoin as a major winner in this scenario and predict Bitcoin’s market cap to grow from its current market capitalisation (approx. $225 billion) to that of gold (approx. $9 trillion). With the price of a Bitcoin at around $550K.We discuss their paper, why Bitcoin is the best hedge against inflation, the debt reckoning and Wall Street investing in 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.Least Authority - Helping projects improve their security and build secure technology.-----WBD272 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes:

“I think that having a global currency is inevitable at some point, whether in our lifetime or another, and I think Bitcoin is the kind of global currency I’d like to see.”— Amiti UttarwarLocation: SquadcastDate: Thursday 17th September Role: Bitcoin Core DeveloperDue to the decentralised nature of Bitcoin, committing to becoming a full-time core developer comes with challenges. While the Bitcoin network is worth over $200 billion, there is no central development fund to ensure that developers are working full time on the protocol.While there are numerous independent contributors, many developers rely on support from a growing number of companies such as Chaincode Labs, Blockstream, Lightning Labs and a handful of others who fund work on the protocol.In this interview, I talk to Bitcoin Core Developer Amiti Uttarwar. We discuss her residency at Chaincode Labs, contributing to Bitcoin Core, working on open source projects and the blacklist controversy.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD271 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes:

“It’s important to us to support Bitcoin and to show respect to the coin that made all of this possible.”— Paolo ArdoinoLocation: SquadcastDate: Monday 7th September Company: BitfinexRole: CTOBitfinex is one of the oldest and largest Bitcoin exchanges. Since 2014, the exchange has had to endure multiple hacks, including at $60 million theft in 2016.iFinex, the parent company of Bitfinex, also oversees Tether. Tether is the largest stablecoin, regularly facilitating over $50 billion in daily trading volume and is supported by close to 150 exchanges. It too isn't without its controversies, there have been calls to audit Tether to prove that it is fully reserved and there are claims ether printing has been used to manipulate the markets.Despite the controversies, the Bitfinex and Tether teams have been instrumental in supporting the growth of Bitcoin.In this interview, I talk to Paolo Ardoino the CTO of Bitfinex. We discuss how Bitfinex dealt with the exchange hacks, protecting against future attacks, Tether, the Lightning Network and funding Bitcoin projects.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD270 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes:

““I think that Bitcoin is the best hope that people have to make the world a better place, by providing this sovereign empowerment.”— Michael SaylorLocation: SquadcastDate: Thursday 8th October Company: MicroStrategyRole: CEOIn August, MicroStrategy made the bold move of purchasing 21,454 Bitcoin to add to their treasury, spending $250 million. In doing so, CEO Michael Saylor stated that he views Bitcoin as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash".The next month MicroStrategy announced that they had doubled down on their conviction in Bitcoin and acquired an additional 16,796 Bitcoin, taking their total spend to $425 million. This move sent a clear message to businesses everywhere that Bitcoin is a valuable asset and can be a key part of a company's treasury.Following in the footsteps of Microstrategy, last week Square announced that they too had added Bitcoin to their treasury with the purchase of 4,709 Bitcoin for ~$50 million.In the second part of my interview with Michael Saylor, the CEO of Microstrategy, we discuss his Bitcoin value proposition, his view on maximalism and alts, privacy, decentralisation and the Bitcoin circular economy.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD269 Show Notes: https://www.whatbitcoindid.com/podcast/the-bitcoin-bull-bull-bull-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contrib

“I realised I’m on a melting ice cube of $500 million worth of money, the purchasing power is dwindling at 10% to 20% a year, I have to do something.”— Michael SaylorLocation: SquadcastDate: Thursday 8th October Company: MicroStrategyRole: CEOIn August, MicroStrategy made the bold move of purchasing 21,454 Bitcoin to add to their treasury, spending $250 million. In doing so, CEO Michael Saylor stated that he views Bitcoin as a "dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash".The next month MicroStrategy announced that they had doubled down on their conviction in Bitcoin and acquired an additional 16,796 Bitcoin, taking their total spend to $425 million. This move sent a clear message to businesses everywhere that Bitcoin is a valuable asset and can be a key part of a company's treasury.Following in the footsteps of Microstrategy, last week Square announced that they too had added Bitcoin to their treasury with the purchase of 4,709 Bitcoin for ~$50 million.In this interview, I talk to Michael Saylor, the CEO of Microstrategy. We discuss their Bitcoin purchase, where his conviction in Bitcoin came from, Square buying Bitcoin and the process of adding Bitcoin to a public companies treasury.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD268 Show Notes: https://www.whatbitcoindid.com/podcast/bitcoin-in-the-boardroom-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get a

“It may be one shot, it’s important, the consequences on civilisation are huge, so we want to be over-cautious about not compromising the culture or the technical features of Bitcoin.”— Giacomo ZuccoLocation: SquadcastDate: Thursday 24th September Company: BHB Network & BlockstreamRole: Director & Marketing DirectorBitcoin can be a toxic place. Ask the wrong question or fall on the wrong side of an argument; the community can be vicious in its response. It is a daunting place with Bitcoiners not only clashing with altcoin projects but with each other regarding Bitcoin ideas too. Rarely a day passes without a fight of some kind exploding on Twitter.However, toxicity plays an important role. Bitcoin is a threat to the legacy financial system, and being decentralised; anyone can contribute. Bitcoin is therefore open to a broad range of attacks from technical to social and Bitcoin's immune system defends against these attacks to protect the protocol.Segwit2x highlighted how a group might choose to co opt Bitcoin with dangerous consequences. Radical scepticism is levelled against other projects, people and companies to ensure that no outside party can have a negative influence on the future of the best money we have ever had.So, what are the positives and negatives of toxicity in Bitcoin? When does toxicity cross the line and are there any unintended consequences?In this interview, I am joined by Bitcoin consultant and educator Giacomo Zucco and Neil Woodfine, Marketing Director for Blockstream. We discuss toxic Bitcoin maximalism, unintended consequences and politics within 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.Least Authority - Helping projects improve their security and build secure technology.-----WBD267 Show

“I’ve never been a crypto enthusiast, I never believed in it… until this summer.”— Jaraslau LikhachevskiLocation: SquadcastDate: Wednesday 30th September Company: Human Rights Foundation & BYSOLRole: Chief Strategy OfficerBelarus is in the midst of massive protests, sparked in August by an election win for the long time leader of the country, Alexander Lukashenko. Lukashenko has been in power since the first presidential election in Belarus in 1994 when the country gained independence from the Soviet Union. The constitution following independence limited presidents to two terms but Lukashenko fought to change this and has remained in power since.Following the disputed election on August 9th hundreds of thousands of people have taken to the streets claiming Lukashenko rigged the election results. Opposition leader Svetlana Tikhanovskaya is claiming that she is the rightful president with reports that she had won 60-70% of the votes.These marches have become violent with Lukashenko's state security forces using rubber bullets, tear gas and extreme brutality against the protesters.Protestors are targeting state infrastructure by striking. To support those standing up to the regime, the Human Rights Foundation has set up a Belarus Solidarity Fund. They are using Bitcoin as a censorship-resistant way of getting money to those striking to supplement their lost wages.In this interview, I talk to Alex Gladstein the Chief Strategy Officer at The Human Rights Foundation and Jaraslau Likhachevski from BYSOL We discuss the political situation in Belarus, the protests and how Bitcoin is helping activists.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.Least Authority - Helping projects improve their security and build secure technology.-----W

“Bitcoin is not going away… whether or not you like it, whether or not you have qualms with it, whether or not your government has banned it or you know of a government has banned it. It lives and breaths on the internet and is effectively unstoppable.”— Yassine ElmandjraLocation: SquadcastDate: Wednesday 23rd September Company: Ark Investment ManagementRole: Thematic AnalystBefore the advent Bitcoin, financial systems operated based on trust. Central banks, government-issued fiat money and payment processors all rely on trusted third parties. Relying on trust-based systems leaves the user vulnerable to decisions that do not necessarily benefit them, from inflation of the money to supply to the censoring of transactions.Bitcoin changes this.With Bitcoin, there is a fixed supply and rigid monetary policy, and the rules of the system can't be changed at the whim of a small group of people. Add to this the ability to truly custody your wealth; it is clear to see why Bitcoin is so revolutionary.Not everyone has been quick to pick up on Bitcoin. Many institutional investors are still sceptical for many reasons, from the old defunct arguments that Bitcoin is for criminals and terrorists to concerns around price volatility. However, there are signs that institutions are beginning to shift their thinking, highlighted by MicroStrategy's recent decision to move $425 million of their treasury into Bitcoin.In this interview, I talk to Yassine Elmandjra, a Thematic Analyst at Ark Investment, who recently published two whitepapers on Bitcoin. We discuss trust-based v trust minimised systems, property rights and institutional investment in 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.Least Authority - Helping projects improve their security and build secure technology.

“The bottom line is that a bank is a big deal… banking is the granddaddy of it all, it’s the bottom of the financial services stack.”— David KinitskyLocation: SquadcastDate: Wednesday 23rd September Company: Kraken Financial & KrakenRole: CEO & Chief Legal OfficerLast week Kraken announced that the Wyoming Banking Board had voted in favour of the exchange's application for a banking charter under Wyoming's Special Purpose Depository Institution statute. This charter makes Kraken the first cryptocurrency company to gain banking status.Receiving the banking charter opens traditional rails in the finance world that had previously been unavailable to the exchange, and in turn, will lead to the development of a range of innovative new banking services.In this interview, I talk to Kraken Financial CEO David Kinitsky and Kraken's Chief Legal Officer Marco Santori. We discuss the creation of a crypto bank, what it will mean to both the industry and Kraken customers and why they chose Wyoming.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD263 Show Notes: https://www.whatbitcoindid.com/podcast/the-worlds-first-crypto-bank-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then

“There is a pretty asymmetric reward for holding Bitcoin.”— Lyn AldenLocation: SquadcastDate: Monday 21st September Company: lynalden.comRole: MacroeconomistWhen COVID-19 struck, governments across the world implemented unprecedented stimulus packages to help what were already fragile economies, which had never fully recovered from the 2008 global financial crisis.While the economy moves in short-term 5-10 year cycles, a larger multi-decade cycle appears to be coming to an end. As governments pursue further rounds of quantitive easing, debt to GDP levels are heading towards what Lyn calls the event horizon, where debt to GDP is over 130% and currency devaluation is the most likely outcome.Holding cash through a currency devaluation risks losing purchasing power as governments increase the money supply to service debt, thus scarce assets such as gold and Bitcoin are a safe haven.In this interview, I talk to Lyn Alden, a macroeconomist and founder of Lyn Alden Investment Strategy. We discuss the current state of the economy, monetary and fiscal policy debt cycles and if we should expect currency devaluation.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD262 Show Notes: https://www.whatbitcoindid.com/podcast/why-a-currency-devaluation-is-likely-with-lyn-alden-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S

“The system of the last 50 years is over, it hasn’t worked, it has broken down.”— Luke GromenLocation: SquadcastDate: Wednesday 9th September Company: FFTT, LLC Role: FounderIn 1971 Nixon announced that the US would sever all ties between the dollar and gold and would no longer convert dollars to gold at a fixed value of $35/oz, putting an end to any remnants of a gold standard and ushering in a new era in finance.This new system led to decades of excessive risk-taking, cheap credit and questionable incentive structures. In 2008, the new system came crashing down when the US housing bubble burst and in turn, sent the entire world into the worst financial crisis since the great depression.To manage the economic crash, central banks pushed quantitative easing to stimulate the economy, but now, 12 years later, the world's economy is again teetering on the edge.The COVID-19 pandemic has highlighted the fragility of the global economy. With decades of currency debasement, investors are turning to scarce assets such as gold and Bitcoin to hedge the risk of inflation.In this interview, I talk to macroeconomist and founder of FFTT, LLC Luke Gromen. We discuss the current macroeconomic climate, how the system that has been in place for the last 50 years is coming to an end and why we need 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.Least Authority - Helping projects improve their security and build secure technology.-----WBD261 Show Notes: https://www.whatbitcoindid.com/podcast/bitcoin-the-great-disruption-with-luke-gromen-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a

“The definition of easy for an early Bitcoiner, cypherpunk is much different than the definition of easy for somebody who is just getting started with Bitcoin.”— Nick NeumanLocation: SquadcastDate: Wednesday 19th August Company: CasaRole: CEO & CTOOne of the earliest lessons for a new Bitcoiner is the security of your Bitcoin. If you lose your private keys or someone hacks you, it is almost certain you will never see that bitcoin again.Protecting your private keys is one of the first concepts for anyone holding Bitcoin to master. It is the basic building block for becoming self-sovereign, separating your wealth from the legacy financial system.There is no one way to secure your private keys, and bitcoin holders have a wealth of options available to them, but building a robust security solution which protects you against every possible scenario requires planning.Casa is a company that specialises in security and offers multisig solutions that help robustly secure your bitcoin while retaining custody.In this interview, I talk to Nick Neuman and Jameson Lopp, Casa CEO and CTO. We discuss how to secure your Bitcoin, the types of attacks that you need to be aware of and Casa’s multisig solutions.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.Least Authority - Helping projects improve their security and build secure technology.-----WBD260 Show Notes: https://www.whatbitcoindid.com/podcast/how-to-protect-your-bitcoin-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contribute

On 24th & 25th September The Human Rights Foundation hold their annual Oslo Freedom Forum. With COVID this event will be virtual for the first time ever. To register for the event and find out more go to https://oslofreedomforum.com/.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.Least Authority - Helping projects improve their security and build secure technology.-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn |

“If this system only works if everybody adopts it at the highest level of financial sovereignty and highest level of technical skill and highest level of ideological purity… it’s not going to work.”— Andreas M. AntonopoulosLocation: SquadcastDate: Thursday 3rd September Company: aantonop.comRole: Speaker, Author & EducatorSome of the most vocal people in the Bitcoin community are highly technical, anarcho-capitalist libertarians, drawn to Bitcoin for its sound money properties. Some have a vision that Bitcoin will change many aspects of the modern world by reducing the role of the state and leading to a more open and free society, but is this vision shared by all?While it has been essential to protect the Bitcoin protocol from attacks by nefarious parties, has this immune system evolved into ideas beyond Bitcoin which become counter-productive to Bitcoin adoption?In a space with more than its fair share of scams and people with questionable intentions, some people play an important role in calling these out and protecting investors. However, some Bitcoiners hold others to a very high standard on other political and ideological issues which can create an intimidating environment.Is Bitcoin an apolitical tool for the censorship-resistant transfer of wealth, or is it a weapon for a political revolution?Recently, I asked the question on Twitter “What is an xPub”? As someone who is not very technical, this seemed to be a reasonable question, however, I received a lot of backlash from the more technical Bitcoiners. Are there a set of core principles that Bitcoiners should hold and if so, how are these defined, or are these principles just representative of one sub-community within Bitcoin?In this interview, I talk to Bitcoin Speaker, Author & Educator; Andreas M. Antonopoulos. We discuss toxicity in the Bitcoin community, the steps to better Bitcoin privacy and what an xPub is.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 ac