2-Bit Idiots

2-Bit Idiots

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2-Bit Idiots episodes

  • EP99: For The Kids - Bitcoin Art Competition Winners

    This is the big one!  


    Today, we put some Bitcoin (1,432,047 Satoshis to be precise) in the hands of kids. It’s theirs, they own it, and we don’t have any say in how they save it or spend it.  


    I’ll not spoil the results here, but I do have some thankyous to give. 

     

    The Artists and their Parents 

    Bowdog Jr; Charlotte; Jasper; Evie; Harriet; Niels; Regan; India; Luna; Archer; Sabine; Frankie; Sena; Bellemy; Claudia; Samuel; and, Ava. 

     

    The Judges 

    Our kids 

     

    Those who kindly donated.  

    With a special mention to: 

    Scott, Mallory and Charlotte from www.shamory.com 

    HaggisHodl and AnAverageSalmon whose generosity kicked this off 

     

    The Inspiration 

    Pixel and Paul 

     

    To see the winning entries, go to: 

    https://bitcoin-first.com/kids-art-competition/  

    29 min
  • EP98: Weekend at Bernie's

    We’ve always wanted to do an “Orange Pill Live” episode, to test our abilities in answering the questions of a precoiner and to see if (during the course of a podcast) we could convince someone to buy themselves their first Bitcoin. 

    That was the intention of this episode, but in the time it’s taken us to schedule the pod with Bernie, he’d already got himself off zero! 

    However, Bernie is Brendo’s mate, so we thought we’d go ahead with the call and press record anyway, and only publish it if we thought it might help someone out there. 

    It turns out, Bernie has gone from zero to well down the road of hero in 2 short months, but he gave us a great perspective on the issues and questions a new Bitcoiner has right now. 

     

    We discuss: 

    • Bulked-up Brendo 

    • “Crypto” misconceptions 

    • What made Bernie take the first step into Bitcoin 

    • The challenge of buying a home and deposit requirements 

    • University (HECS) debt indexation 

    • Lack of government support, lies about inflation, stimulus cheques, UBI and something having changed 

    • Trying to outrun inflation 

    • Savings accounts, stocks, risk taking and having a go 

    • What Bernie did practically when he decided to buy some Bitcoin 

    • Hot and Cold wallets 

    • Understanding a non-physical asset 

    • Personal responsibility, 2FA and key storage 

    • Steel Seedplates 

    • Speaking in Bitcoin or Sats 

    • The gradually then suddenly event horizon 

    • Volatility, risk taking and bag pumping 

    • Rewards programmes 

    • Why does Bitcoin crash and is it a buying opportunity 

    • Murrurundi golf 

    •  

      Pod Shout-outs 

      HardBlock 

      https://www.hardblock.com.au/join/hats  

       

      The Bitcoin Adviser (Peter Dunworth) 

      *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact 

       

      Bitcoin Bush Bash 

      http://bitcoinbushbash.info/  

       

       

      Contact Us 

      www.2bitidiots.com 


      54 min
    • EP97: Dunworth Squared

      *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact 

       

      If you’ve not heard Peter Dunworth’s valuation model for Bitcoin (frankly, what are you doing with your life), go back and listen to episodes 70 and 77, but although he’s been spruiking it all over town and asking someone to challenge it, no one has...until now. 

      We, completely unfairly invited Pete back on under false pretences and then hit him with “his nemesis waiting in the green room”.  We wanted to see if we could shake his conviction or rattle his composure.  Listen to find out if we could. 

      Settle in with a coffee. This is long one.  We discuss: 

       

      • Exponential rise of Bitcoin and fall of Fiat 

      • Positioning and wealth preservation 

        • The distinction between risk and volatility 

        • Resistance to change 

        • The opportunity of buying in a SMSF 

        • The importance of mobile 

        • Kids with Bitcoin wallets 

          • Never needing a bank account 

          • Blackrock, ETF’s and what does Larry Fink 

          • Liquidity drain 

          • Client’s will demand Bitcoin exposure from their financial adviser 

          • Banking restrictions 

            • Why does the bull run ever stop and the point of no return 

            • Taking profit, a risk on behaviour 

            • What happens when AI and the machines start draining liquidity 

            • Why ransomware only ever wants Bitcoin 

            • Uber 

              • ELI5 and ELI2 

              • The Bitcoin Adviser 

              • Starved of original thought 

              • Unit bias 

              • Moving towards self-actualisation 

                • Lambos and Yachts 

                • Holy Moly and It’s a Knockout 

                • An App Store for Keys 

                •  

                  Pod Shout-outs 

                  https://twitter.com/MichaelDunwort1  

                  https://twitter.com/wavlake  

                  https://twitter.com/w_s_bitcoin  

                  https://twitter.com/luke_broyles  

                  https://twitter.com/BTCSchellingPt  

                  https://twitter.com/Meta_Trav  

                  https://twitter.com/AndyBTCAdviser  

                  https://twitter.com/JakeBTCAdviser  

                  https://twitter.com/Rob1Ham  

                   

                   

                  *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact  

                   

                  Contact Us 

                  www.2bitidiots.com 


                  1 hr 43 min
                • EP96: The Purest Truth We’ve Come Across with Jesse

                  Jesse (@Jessenostr) is a cafe owner (Rise Mofo in Toukley) and former pastor based on the Central Coast in NSW, Australia. This one was an absolute pleasure to do. I hope you get as much from it as we did. We hope we offend you all at least once. Deal with it, it’s fine. 

                   

                  We discuss: 

                  • Emerging from the Bitcoin wilderness 

                  • Was COVID the orange pill tipping point for learning 

                  • Starting a Central Coast Bitcoin meetup after attending the Newcastle meetup 

                  • I, Pencil 

                    • https://www.youtube.com/watch?v=67tHtpac5ws 

                      • How to orange pill a lady who just popped in for a coffee 

                      • The power of asking a question 

                      • A growth and fixed mindset 

                      • Encouraging effort over success 

                      • Being drawn into Christianity, becoming a pastor and then ultimately disillusioned 

                      • Having everything invested in your religion and losing it all 

                      • The similarities and differences between finding religion and finding Bitcoin 

                      • Don’t Trust, Verify 

                      • Community building in Bitcoin 

                      • The whole is greater than the sum of its parts 

                      • Faith 

                      • Evolutionary science 

                      • The HeartMath Institute 

                        • https://www.heartmath.org/ 

                          • Energy shift in a room 

                          • Brain wallet bitcoiners 

                          • Pure truth 

                          • Accepting Bitcoin in your business and helping others to do the same 

                          • Long-term thinking for the Central Coast 

                          • Paying your staff to learn about Bitcoin 

                          • Bitcoin discounts 

                          • VoltPay 

                          • Freedom 

                          •  

                            Pod Shout-outs 

                            https://twitter.com/Talej 

                            https://twitter.com/MichaelDunwort1 

                            https://twitter.com/2300btc 

                            https://twitter.com/_k3tan 

                            https://twitter.com/HodlersWay 

                            https://twitter.com/btcmap 

                            https://twitter.com/VoltPayApp 

                            https://twitter.com/theamberapp 

                            https://twitter.com/Nackoo2000 

                             

                             

                            Book Recommendations 

                            Mindset: The New Psychology of Success, by Carol Dweck 

                            https://amzn.to/3KoE0vH  

                             

                            *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact  

                             

                            Contact Us 

                            www.2bitidiots.com 

                            1 hr 19 min
                          • EP95: ABIB, Banking, Scams and Conspiracy with Jeremy Majid

                            Jeremy Majid is the CEO of the Australian Bitcoin Industry Body www.bitcoinindustrybody.org.au whose mission statement is: 

                            “To serve as a voice for the Australian Bitcoin Industry. We welcome open and constructive dialogue with Government and Media and are available to assist with any and all Bitcoin related matters.” 

                            There will be sceptics amongst you (I’m one of them), but not about the intentions of ABIB, more the willingness of government to engage in an honest and sincere dialogue. In this one we discuss the problem and how ABIB can be part of the solution. As always...make your own mind up. 


                            • “Knowing” bitcoiners you’ve never met 

                            • Anger at fiat jobs 

                            • Forex trading, gold, silver and why we're not going back to a gold standard 

                            • Taking control of your finances 

                            • Finding like-minded friends at a Bitcoin meetup 

                            • Product Manager at HardBlock 

                            • Self-taught learning 

                            • Blockchain Australia 

                            • Long-term thinking makes volatility easier to manage 

                            • You don’t need a lot 

                            • Use Bitcoin and testnet 

                            • Price inflation examples 

                            • Changing beliefs 

                            • Survivors guilt 

                            • Feature development at HardBlock 

                              • https://www.hardblock.com.au/join/hats  

                                • Who is ABIB 

                                • Interacting with AUSTRAC 

                                • Holding 2% of foreign exchange reserves in Bitcoin 

                                • The Moon Landings and conspiracy 

                                • Scams in Bitcoin 

                                • Bitcoin business networking 

                                •  

                                  Pod Shout-outs 

                                  https://twitter.com/AusBTCIndBody 

                                  https://twitter.com/saylor  

                                  https://twitter.com/danWilcz  

                                  https://twitter.com/rusty_twit  

                                  https://twitter.com/JP_Technology  

                                  https://twitter.com/stephanlivera 

                                  https://twitter.com/citadeldispatch 

                                  https://twitter.com/dazbea 

                                  https://twitter.com/PrestonPysh 

                                  https://twitter.com/EthanBitcoin 

                                  https://twitter.com/RobertKennedyJr 

                                  https://twitter.com/OdyseeTeam 

                                  https://twitter.com/BitcoinMoonFund 

                                  https://twitter.com/_k3tan 

                                   

                                   

                                  Book Recommendations 

                                  The Bitcoin Standard by Saifedean Ammous 

                                  https://amzn.to/3rJpk3X  

                                   

                                  Enter or Support the Kids Art Competition 

                                  https://bitcoin-first.com/kids-art-competition/  

                                  At least 1,432,047 sats to be won! 

                                   

                                  *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact  

                                   

                                  Contact Us 

                                  www.2bitidiots.com 

                                  1 hr 21 min
                                • EP94: Reverse Kanga’s and Upper Deckers with Daz Bea

                                  If you don’t know what they are, whatever you do, don’t look it up or listen to this podcast. 

                                  There is no one that can segue from high voltage power transmission to upper decker’s and back quite like Daz Bea.  Yes, what’s happening in our world right now is damn serious, but we all need to find the fun in it too and that’s why we keep asking Daz onto the pod. 

                                  He brings a wealth of knowledge around electricity, net zero targets, issues and opportunities in Australia and beyond, is a founding member of Looking Glass Education, is a proud family man and Queenslander, sings at the weekend and writes books in his ‘spare’ time.  I’m tired just reading that! 

                                   

                                  This time we discuss: 

                                  • State of Origin 

                                  • LIV Golf  

                                  • Family priorities 

                                  • Twitter v Nostr (particularly Primal) 

                                  • Protocols v Platforms 

                                  • Nostr documentary 

                                    • https://www.youtube.com/watch?v=aA-jiiepOrE 

                                      • Puppies 

                                      • Net zero future and 100% renewables 

                                      • Energy mix, grid stability and Bitcoin mining in Australia and beyond 

                                      • Understanding at a regulatory and political level 

                                      • Who pays for the grid 

                                      • National Electricity Market Data 

                                        • https://opennem.org.au/  

                                          • Pumped hydro, solar and hydrogen production efficiency 

                                          • Being able to argue the counter argument 

                                          • Electricity transmission and cost 

                                          • Paid Zoom and AirBNB shitcoiners 

                                          • Snakes, frogs and spiders 

                                          • Rural power demands 

                                          • National grid v Local generation 

                                          • SWER network and outback Australia 

                                          • Getting vocal with your MP 

                                          • Bitcoin Bush Bash, 29-30 July, Palm Cove Surf Club, QLD 

                                          • Seizing the right opportunity 

                                          •  

                                             

                                            Pod Shout-outs 

                                            @MirbooHodl (Nostr) 

                                            https://twitter.com/itsmaxdemarco  

                                            https://primal.net/jack  

                                            https://primal.net/andi 

                                            https://twitter.com/BTCBrisket  

                                            https://twitter.com/LookingGlassEdu 

                                            https://twitter.com/Croesus_BTC 

                                            https://twitter.com/BitcoinAlive 

                                            https://twitter.com/roger__9000  

                                            https://twitter.com/TboneHODL 

                                            https://twitter.com/Bquittem 

                                            https://twitter.com/bitcoinbushbash 

                                            https://twitter.com/Mtheadventuross 

                                            https://twitter.com/Lightsats21 

                                             

                                             

                                            Book Recommendations 

                                            B is for Bitcoin, by Daz Bea and Seb Bunney  

                                            https://amzn.to/3rw9vgL  

                                             

                                            Enter or Support the Kids Art Competition 

                                            https://bitcoin-first.com/kids-art-competition/  

                                            At least 1,432,047 sats to be won! 

                                             

                                            Contact Us 

                                            www.2bitidiots.com 


                                            *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at
                                            https://www.thebitcoinadviser.com/contact

                                            1 hr 38 min
                                          • EP93: Life’s a Breez with Ivan Makedonski

                                            www.breez.technology has been around for a while, and to be honest I didn’t know much about it, so when Ivan reached out to have a chat it seemed like as good a time as any to start learning. 


                                            Located in Sofia, Bulgaria, Ivan (@Nackoo2000) is the Chief of Staff (Chief of Stuff) and first non-developer to work for Breez. He’s my favourite type of bitcoiner...the ones that are here for the mission first, knowing the money will take care of itself. 

                                             

                                            We discuss: 

                                            • Primal on Nostr (desktop). 100x improvement 

                                            • Being orange-pilled by your lady 

                                            • Devoting a holiday to prove her wrong 

                                            • We’re all on the same team. Love not money 

                                            • Bitcoiners with conviction are those who first tried to prove it a scam 

                                            • Bitcoin striking an intense emotional button 

                                            • The ultimate measuring stick is unit of energy 

                                            • The challenge of explaining Bitcoin to loved ones 

                                            • Not asking for permission. Just starting and trying to make an impression 

                                            • The practicalities of remote working 

                                            • Being aligned on the mission and genuine care for your colleagues 

                                            • Bitcoiners coming out of the shadows in Bulgaria 

                                            • The functionality of Breez and the importance of Lightning as the medium of exchange  

                                            • Lightning Service Providers 

                                            • Business and Personal Goals 

                                            • Custodial versus Non-Custodial and improving reliability 

                                            • Saving versus Using Bitcoin 

                                            • Spending Sats creates another node in the network 

                                            • Instant settlement 

                                            • Aligning incentives and split payments 

                                            • Consequences for cheating 

                                            •  

                                              Pod Shout-outs 

                                              https://twitter.com/Breez_Tech  

                                              https://twitter.com/JasonPLowery  

                                              https://twitter.com/JeffBooth  

                                              https://twitter.com/FossGregfoss  

                                              https://twitter.com/natbrunell  

                                              https://twitter.com/knutsvanholm 

                                              https://twitter.com/fountain_app 

                                              https://twitter.com/BullBitcoin_ 

                                              https://twitter.com/Mtheadventuross 

                                               

                                               

                                              Enter or Support the Kids Art Competition 

                                              www.bitcoin-first.com/kids-art-competition  

                                              At least 1,222,047 sats to be won! 

                                              Plus, prizes from www.shamory.com  

                                               

                                               

                                              Contact Us 

                                              www.2bitidiots.com 

                                              1 hr 12 min
                                            • EP92: Bitcoin Karma with Scott, Mallory and Charlotte Sibley

                                              Some would call it Karma.  The more you try to do good, the more good seeks you out. 

                                               

                                              We started the Kids Art Competition with a modest 200,000 Satoshi’s to give away and our fingers crossed, but at time of writing, that prize is now 1,222,047 sats. Cool, right (thanks to all the supporters). 

                                               

                                              We also got an e-mail from Scott and Mallory Sibley, whose daughter Charlotte wanted to enter the competition, and they wanted to add a few prizes as well (if that didn’t disqualify Charlotte!) 

                                               

                                              They have kindly offered to donate a copy of their books “Goodnight Bitcoin” and “If You Give a Monster a Bitcoin” to the winner of the 0–4-year-old competition, and a copy of their game “SHAmory” to the winners of the other 3 age groups.  Plus, there will be a 50% discount at www.shamory.com to all those who enter the competition. 

                                               

                                              We are very grateful for this kind gesture.  So, get creative kids! 

                                               

                                              We asked them to come on the podcast to tell their story.  We discuss: 

                                               

                                              • Pacific Time minimalism 

                                                • Recognising that Bitcoin families working and learning together is important 

                                                • Teaching in a fun way 

                                                • Bringing the skills you have into Bitcoin 

                                                • Realising that you’re part of something special 

                                                • Simplifying complex concepts 

                                                  • Satoshi and Hal 

                                                  • Manufacturing a product with no experience 

                                                  • SHAmmy for Africa 

                                                  • Built with Bitcoin 

                                                  • Raising money to build a water well 

                                                    • Finding a Bitcoin designer 

                                                    • Selling bracelets for Satoshis 

                                                    •  

                                                       

                                                      Pod Shout-outs 

                                                      https://twitter.com/TheBitcoinConf 

                                                      https://twitter.com/rjames_BTC  

                                                      https://twitter.com/builtwithbtc  

                                                      https://twitter.com/YusufBWB  

                                                      https://twitter.com/BitcoinerJobs 

                                                      https://twitter.com/pacificbitcoin  

                                                      https://twitter.com/BitcoinAlive  

                                                      https://twitter.com/geyserfund  

                                                      https://twitter.com/Paulbuybtc  

                                                      https://twitter.com/PrinceySOV 

                                                      https://twitter.com/CryptoCloaks  

                                                      https://twitter.com/BtcPins  

                                                       

                                                       

                                                      Book Recommendations 

                                                      Goodnight Bitcoin, https://shamory.com/product-category/books/  

                                                      If You Give a Monster a Bitcoin 

                                                      Bitcoin Money: A Tale of Bitville Discovering Good Money, https://amzn.to/44BpOr7  

                                                       

                                                       

                                                      Enter or Support the Kids Art Competition 

                                                      https://bitcoin-first.com/kids-art-competition/  

                                                      At least 1,222,047 sats to be won! 

                                                       

                                                      Contact Us 

                                                      www.2bitidiots.com 

                                                      45 min

                                                    About 2-Bit Idiots

                                                    From the publisher's feed

                                                    The journey from Normie to Bitcoiner.