Bitcoin Magazine Podcast

Latest Episodes:

The Van Wirdum Sjorsnado - Mempools, Child Pays for Parent, and Package Relay - NADO 19 Dec 05, 2020

Show notes

In this episode of The Van Wirdum Sjorsnado, hosts Aaron van Wirdum and Sjors Provoost discussed Bitcoin mempools, Child Pays For Parent (CPFP) and package relay. Package relay is the project that Gloria Zhao will work on as part of her Brink fellowship, which was announced earlier this week, and would make the Lightning Network more robust (among other benefits). Mempools are the collections of unconfirmed transactions stored by nodes, from which they forward transactions to peers. Miners usually select the transactions from their mempools that include the highest fees, to include these in the blocks they mine. Mempools can get full, however, at which point transactions that pay the lowest fees are ejected. This is actually a problem in context of CPFP, a trick that lets users speed up low-fee transactions by spending the coins from that transactions in a new transaction with a high fee to compensate. Tricks like these can be particularly important in the context of time-sensitive protocols like the Lightning Network. In this episode, van Wirdum and Provoost explained how package relay could enable CPFP, even in cases where low-fee transactions are dropped from mempools, by bundling transactions into packets. And they explore why this may be easier said than done.

Lightning and Gaming with Mint Gox - Bitcoin Magazine Podcast Dec 04, 2020

Show notes

On this episode of the Bitcoin Magazine Podcast, CK sits down with the team behind the MintGox Lightning-enabled gaming initiatives. Desiree Dickerson of Lightning Labs, plus Simon Cowell and Christian Moss of ZebeDee take turns discussing why Bitcoin and Lightning are such game changers for the future of human commerce in general, and gaming specifically.

One of the key points of the conversation revolves around how it is necessary for folks to onboard onto Bitcoin without permission, and to onboard directly onto the Lightning Network where they can transact with small amounts.

As discussed on this episode, the group thinks that micro payments enabled by Lightning opens up a completely new paradigm in the way value and services will be exchanges.

Lastly, the group covered how the most meaningful activities in the world are being uploaded to the web. It discussed how this really favors both Bitcoin and gaming as the world goes digital.

Follow the guests.

MintGox @MintGox

Christian Moss @MandelDuck

Simon Cowell @SECowell

Desiree Dickerson @dickerson_des

Fed Watch - Reflecting on Jeff Booth Bombshell Podcast! FED 32 Dec 03, 2020

Show notes

In this off the cuff episode of Fed Watch, Christian and I dive more deeply into the technology driven deflation debate we started last week with our guest Jeff Booth. We bring up the chicken or the egg conversation that did not get answered fully last time; is the deflation from technology first or is the inflationary environment first? In other words, which force is primary? We discuss that topic again, and also touch on the problem that not all technology is equally inflationary.

Modern finance preceded the industrial revolution and it is widely accepted that technological advance and economic stimulus are directly correlated. Ansel attempts to make the claim that it is the culture and capital structure that results from debt-based fiat money that incentivizes massive technological advancement.

Without debt-based fiat money the deflationary pressure from innovation will return to the natural and gradual speed we saw throughout the days of the classic gold standard. Don’t forget to subscribe to Fed Watch so you don’t miss any of our great guest insights in the future.

Bitcoin in Asia - Bitcoin Hardware and Security with Lixin Liu of Cobo Vault BIA 31 Nov 30, 2020

Show notes

Our guest this week is Lixin Liu head of hardware at Cobo and creator of Cobo Vault out of Shanghai. Lixin’s background in hardware and international product development made him Discus Fish’s choice when F2 Pool decided to get into the hardware and security game. We talk about building out Bitcoin hardware from the ground up, why it is valuable to the Bitcoin network to have increasing competition in the hardware product space, the difference between what Chinese miners and western retail users want in hardware products, trends he is seeing in institutional custody interest in Asia and more.

Bitcoin's Nature w/ Gigi - Bitcoin Magazine Podcast Nov 27, 2020

Show notes

In this episode of the Bitcoin Magazine podcast ck and Dergigi Bitcoiner and senior developer at Swan Bitcoin take a deep dive the Bitcoin rabbit hole.

Ck and Dergigi discuss Bitcoin circular nature anyhow people often project themself onto Bitcoin. To Gigi, Bitcoin is a mirror and we all see what we want in it.

We go deep into conversation around Bitcoin distributed nature and Gigi explains why trying to kill bitcoin is akin to trying to eradicate the world of ants.

Finally we discuss Bitcoiners’ religious zeal towards Bitcoin and why Bitcoin hardliners are in fact good for Bitcoin.

Make sure to follow all of Dergigi’s work at https://dergigi.com/ and keep an eye out for his incredible developments on the Swan Bitcoin product.

Fed Watch - The Inevitable Path for Central Banks w/ Jeff Booth - FED 31 Nov 26, 2020

Show notes

In this episode of Fed Watch, Christian and I are joined by Jeff Booth. It results in a show that is unlike any other interview with Jeff you may have seen. Most listeners are familiar with his book, so we spend most of our time discussing what a timeline of events looks like from Jeff’s perspective, and then some possible limitations to the technology driven deflation theory. In usual Fed Watch style, we end with trying to understand how bitcoin affects these arguments and what bitcoin means for the world.

Don’t forget to subscribe to Fed Watch so you don’t miss any of our great guest insights in the future.

Please rate and share the podcast!

You can find us @BitcoinMagazine on Twitter.

Ansel Lindner on Twitter @AnselLindner

Christian Keroles on Twitter @ck_SNARKs

The Fiat Standard w/ Saifedean Ammous - Bitcoin Magazine Podcast Nov 25, 2020

Show notes

In this podcast, Saifedean and Nik dive into multiple topics surrounding fiat money such as the underlying technology behind fiat, the debt standard, fiat states, and fiat banking.

Understanding how fiat operates in comparison to Bitcoin can be a difficult task. Since Bitcoin is an open-source protocol, it allows anyone and everyone to check it’s code down to the very last detail to ensure that you can understand how it operates. Fiat, on the other hand, has smokescreens hiding the operational methods of it. With an additional layer of propaganda promoted by people who benefit from it the most.

Follow Nik @Nikcantmine

Follow Saifedean @saifedean

For more compelling video content from Bitcoin's original publication, subscribe and turn on notifications for the Bitcoin Magazine YouTube channel.

Securing Bitcoin With Zach Herbert - Bitcoin Magazine Podcast Nov 25, 2020

Show notes

Join CK and the CEO and cofounder of Foundation Devices Zach Herbert as they sit down to discuss Foundation Devices' launch and their first product the Passport Hardware Wallet.

In the conversation CK and Zach dive into the design editions for the Passport as well as Zach ideas behind Multisig, hardware wallets, Bitcoin mass adoption, user safety and more.

List of topics form the Interview:

Foundation Devices

When is the passport coming

Geek out on Bitcoin Multisig

QR code Vs Micro SD card

Why the specific design choices.

What is it going to take to get Grandma comfortable with multisig?

Ledger email hacks

Why Zach hates seed phrases

Bitcoin in Asia - Coordinating Bitcoin Upgrades with Poolin's Alejandro De La Torre - BIA 30 Nov 23, 2020

Show notes

Our guest this week is Alejandro De Le Torre, Vice President at Poolin. Alejandro and Poolin have launched taprootactivation.com to improve on the communication and transparency of the Taproot activation process. Alejandro has been in Bitcoin since 2014 when he founded SendChat, later acquired by wallet and data service Blocktrail, where Alejandro led BD until it was acquired by Bitmain. Inside of Bitmain, Alejandro cofounded BTC.com, and led their European office during the Segwit upgrade process. Now back with former BTC.com colleagues at Poolin, Alejandro leads their global Business Development. We talk about lessons learned in the Segwit and blocksize debates, bitcoin upgrade activations and taprootaxtivation.com specifically, operating in the mining pool space and more.

The Van Wirdum Sjorsnado - Erebus Attacks and how to stop them with ASMAP - NADO 18 Nov 21, 2020

Show notes

In this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss the Erebus Attack. The episode is a follow-up from last week’s episode on Eclipse Attacks, a type of attack that isolates a Bitcoin node by occupying all of its connection slots to block the node from receiving any transactions. Erebus Attacks are Eclipse Attacks where an attacker essentially spoofs a whole part of the internet.

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

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