Bitcoin Magazine Podcast

Latest Episodes:

Fed Watch - Calculating Base Money with Matthew Mežinskis - FED 28 Nov 05, 2020

Show notes

Fed Watch Podcast Discussions on Base Money and Bitcoin

Our discussion on this episode of Fed Watch centers around “what is base money” and Matthew’s thoughts on some of the edge cases in the definition. We also attack the inflation/deflation debate from a whole different angle, a data driven angle thanks to Matthew’s research and knowledge on the subject. We don’t ask simple questions and expand the topic past the common hyperinflationary troupes of the end of the dollar.

The listener will hear discussion on dollar liquidity, the history and current status of gold and silver, foreign reserves of the dollar, and, of course, where Bitcoin’s current status relative to other base money types. Matthew also shares some great charts which can be seen on the video version of Fed Watch on YouTube. https://youtu.be/l1ei12lWSeQ

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You can find us @BitcoinMagazine on Twitter.

Ansel Lindner on Twitter @AnselLindner

Christian Keroles on Twitter @ck_SNARKs

Matthew Mežinskis on Twitter @crypto_voices and cryptovoices.com

Cypherpunks Write Code w/ Jim Epstein - Bitcoin Magazine Podcast Nov 03, 2020

Show notes

In this episode of the Bitcoin Magazine podcast, Bitcoin Magazine Technical Editor Aaron van Wirdum speaks with Jim Epstein, Executive Editor at Reason TV. Epstein recently produced a documentary mini series on the Cypherpunks, called Cypherpunks Write Code.

The four-part series chronicles the origins and short history of the group of hackers, cryptographers and activists that in the 1990s coalesced around a shared goal to offer and secure privacy in the digital age. In this podcast, Aaron and Jim consider what made the Cypherpunks such a visionary and influential collective.

With origins tracing back to the 1980s Bay Area, where a small group of computer scientist became known as the High-Tech Hayekians, Bitcoin represents a modern continuation of decades-old technological and ideological insights.

Aaron and Jim also discuss Jim’s recent article published on Reason titled “How Will Bitcoin Lead to More Freedom”, which breaks down an ideological divide within and around the Cypherpunk movement, dating back to their earliest beginnings. They consider whether and how this divide lives on within the broader cryptocurrency and blockchain space to this day.

Follow Jim @jimepstein Follow Aaron @AaronVanW

The Van Wirdum Sjorsnado - Utreexo w/ Ruben Somsen - NADO 15 Oct 30, 2020

Show notes

On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors are once again joined by Ruben Somsen. This time, the trio doesn’t discuss one of Somsen’s own proposals, but they dive into a concept by Tadge Dryja called Utreexo.

Helpful links:

https://www.youtube.com/watch?v=6Y6n88DmkjU https://bitcoinmagazine.com/articles/bitcoins-growing-utxo-problem-and-how-utreexo-can-help-solve-it

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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

Curing the Plague of Shitcoinery w/ Thib Maréchal - Bitcoin Magazine Podcast Oct 27, 2020

Show notes

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.

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Wasabi, Crypto Anarchy, Freedom, and Privacy w/ Max Hillebrand - Bitcoin Magazine Podcast Oct 25, 2020

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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.

The Van Wirdum Sjorsnado - Headers First, Assume Valid and Assume UTXO - NADO 14 Oct 23, 2020

Show notes

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

Rodolfo Novak: Why Corporate Bitcoin Treasuries Help Us All - Bitcoin Magazine Podcast Oct 23, 2020

Show notes

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.

Fed Watch - Bretton Woods 2.0 and CBDCs - FED 27 Oct 21, 2020

Show notes

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

Bitcoin in Asia - Running India's first Bitcoin Exchange with Unocoin CEO Sathvik Vishwanath BIA 28 Oct 19, 2020

Show notes

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.

The Van Wirdum Sjorsnado - Bitcoin Core 0.21 supports Tor v3 - NADO 13 Oct 17, 2020

Show notes

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.

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