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2-Bit Idiots
2-Bit Idiots episodes
- EP31: Wannabe Pete, Muttley and all things Bitcoin – Hats and Brendo
It really is fun to sit down to record a pod and have no idea what direction it’s going to go. This week we predominantly discussed library policies. I know, I know that sounds unbelievably depressing, but I think you’ll be pleasantly surprised...seriously!
If that’s not for you, then maybe something else from the following list will be:
- Brendo looking tired and my hair looking amazing.
- My struggle orange-pilling my family, and everyone at Brendo’s work being sick of him.
- Why we laugh like Muttley and a little girl. Forget alpha, we’re not even a beta.
- The beef between 2-Bit Idiots and the Australia Bitcoin Podcast.
- Places to spend your Sats (30 businesses).
- www.hodlwadl.com is yours if you want it, or if you’re a duck.
- Fountain app, splits and recognising the contribution of guests.
- Texting an ex when you’re drunk.
- Superbowl commercials and taking credit for things you didn’t do.
- Free ColdCard for independent media.
- The good and the bad of Peter McCormack.
- Is there room for pragmatism in Bitcoin?
- Why the marginalised recognise the need for Bitcoin first.
- The response you receive from bitcoiners to genuine questions.
- Censorship
- REQUEST BITCOIN BOOKS AT YOUR LOCAL PUBLIC LIBRARY
Book recommendations:
The Bitcoin Standard by Saifedean Ammous
https://amzn.to/3Azt1YE
The Price of Tomorrow by Jeff Booth
https://amzn.to/3j0r8y2
Why Buy Bitcoin by Andy Edstrom
https://amzn.to/2X8qmr8
Dick of the Day
Brian Armstrong. Every day. Forever.
Tweet of the Week
www.twitter.com/orthogonus/status/1495899439290068997
Tweets of the Week – it's a Tie!
www.twitter.com/mithcoons/status/1496214531915366407
Brisket’s Doxx Jar
Hats 400 Sats
Brendo 300 Sats
Pod Shout-outs
www.twitter.com/Cavallokristen
www.twitter.com/Coinkite
www.twitter.com/PeterMcCormack
Contact Us
www.2bitidiots.com
www.twitter.com/StackingHats
www.twitter.com/BitcoinBrendo
49 min - EP30: Your Sat Count is your Score, with your Favourite Assassin @BitcoinSampo
Interview time again, and this week I’m out of my depth, while Brendo shines! I know...who’d have guessed?!
Our guest is @BitcoinSampo, and we’re delighted to go international again. We want to hear perspectives from all over the world and get out of our own echo chamber. So, we’re (virtually) off to Finland.
Despite sounding like an assassin, Sampo is a prolific Twitter poster about both Bitcoin and human rights. An English teacher by profession, he currently operates a small business that offers translating services, most recently in the gaming industry.
He – like many – are class of 2017, but really put in the work in 2018 to “discover the beauty of Bitcoin”, and for the last 3 years has been Bitcoin only.
In the pod we discuss:
- The importance of study
Book recommendation:
The Bitcoin Standard by Saifedean Ammous
https://amzn.to/3Azt1YE
- Why the March 2020 crash wasn’t as concerning as November 2018.
- Real entrepreneurs have times of great cash flow and then times of poor cash flow, and how Bitcoin can become your “savings account” for those tougher times.
- Tax law being not fit for purpose.
- The dollar value is short time preference, and the Sats you accumulate is your score.
- Being privacy conscious before Bitcoin and controlling your personal information.
- Living in a high tax society.
- Integrating Bitcoin/Sats into gaming. Integrated with CS Go.
- Could Bitcoin make different games interoperable.
- Product placement in games.
The Light Bulb Conspiracy
www.youtube.com/watch?v=BWJC5ieUAe4
- Is there potential for collusion at nation state level in Bitcoin? KYC versus non-KYC.
- Plebs together strong.
- The threat of Russia is different when you live closer.
- Unite behind the fundamentals.
- 21m coins.
- Supply halves every 4 years.
- A new block every 10 minutes.
Go follow: www.twitter.com/BitcoinSampo
Pod Shout-outs
www.twitter.com/bitrefill
www.twitter.com/zebedeeio
www.twitter.com/THNDRGAMES
www.twitter.com/MintGox
www.twitter.com/tallycoinapp
www.twitter.com/hodlonaut
Contact Us
www.2bitidiots.com
www.twitter.com/StackingHats
www.twitter.com/BitcoinBrendo
1 hr 5 min - EP29: Sats on the Beach – Hats and Brendo
Hat’s and Brendo episode tonight guys...switch off now if you hate these ones. Kidding, of course, and thanks for coming on this journey with us.
As usual, it’s just the 2 of us riffing on the current news stories and how they affect Bitcoin...or should that be how Bitcoin affects them.
We cover:
- The “hot asian chick who wants to know how our trade is going”.
- Podcast 2.0
- Brendo’s thought process
- Hats in the bath
- Episode BTC065 of the We Study Billionaires podcast:
What does the BIS, IMF and World Bank Even Do w/ Sam Callahan
- Being used by Justin from HardBlock 😉
- Are we going to start to hear from the quiet accumulators?
- Stack. HODL. Spend. Replace.
- Our mate down the hill.
- When to admit you were wrong.
- Bank “outages” in Canada
- Why Justin Trudeau is the best advert for Bitcoin
- Don’t go all in on Bitcoin until you fully understand the ramifications
- Perth Heat and the hot tub
- Daz in an oodie, Hats in the budgies and Brendo in the nude.
Tweet of the Week
Daniel
https://twitter.com/dka218/status/1493494779027632130
Brisket’s Doxx Jar
Hats 200 Sats
Brendo 300 Sats
Pod Shout-outs
www.twitter.com/dazbea1
www.twitter.com/BTCBrisket
www.twitter.com/fountain_app
www.twitter.com/samcallah
www.twitter.com/philip_bowman
www.twitter.com/mission_bitcoin
www.twitter.com/FatboySlim
www.twitter.com/FossGregfoss
www.twitter.com/SatsOnTheBeach
www.twitter.com/JamesMelville
www.twitter.com/stevennelkovski
www.twitter.com/dka218
Contact Us
www.2bitidiots.com
www.twitter.com/StackingHats
www.twitter.com/BitcoinBrendo
29 min - EP28: Despair, Depression, Hope and Purpose. Psychology meets Bitcoin with @mission_bitcoin
Justin is the education, content and privacy lead at HardBlock (the oldest Bitcoin only exchange in Australia), helping no-coiners become bitcoiners and bitcoiners become self-sovereign and privacy conscious. But – perhaps more importantly – he is a psychologist who is bringing those skills into the Bitcoin economy.
We’ve been wanting to do pod about depression/hope/desperation/purpose for a while now, but (understandably) no one has wanted to come on the pod to open themselves up to that. So, the next best thing is to look at those issues from a professional perspective and Justin knocks this one out of the park.
We cover loads of different angles, but here’s a summary of the topics we discussed. We genuinely hope it helps someone.
- Justin’s journey into Bitcoin through psychology, through his interest in privacy and government overreach.
- How the current system prevents psychology from being a confidential service, and how implementing Bitcoin (and privacy tools) into a practice could improve the service to the client.
- Looking at the world though a Bitcoin lens and realising that it’s solving the problem of corrupt/broken money.
- How you can see the misallocation of fiat in healthcare, nutrition, farming practices, the education system, science...the list goes on.
- Society being robbed of Zero to One moments.
The Price of Tomorrow, Jeff Booth - https://amzn.to/3j0r8y2
The Bitcoin Standard, Saifedean Ammous - https://amzn.to/3Azt1YE
Mastering Bitcoin, Andreas Antonopolous - https://amzn.to/3BfF1Ao
- Increase in lack of meaning, emptiness and cognitive dissonance, despite leading a “full” life.
- General free-floating stress and anxiety.
- Emotional regulation systems. Enjoyment, Achievement and Soothing.
- Turning off the stress system.
- Understanding that you are not the cause of the negative things you are observing in the world.
- Balancing delayed gratification with foregoing the present.
- Shitcoins being fractional reserve banking on steroids (but we like familiarity)
- Eclipse attacks.
- The most successful orange-pill technique starts with, “How is Bitcoin relevant to you, and what concerns you?”
- The HardBlock story. Being a customer and liking the ethics before joining the team.
- Thinking of Bitcoin as a savings account.
- Turning down offers to shitcoin.
- No deposit (auto buy) or trade fees, withdrawal (auto send) just 99 sats! Make money purely from the spread.
- Complexity being abstracted away.
- Building trust and engaging with local businesses.
Brisket’s Doxx Jar
Brendo 300 Sats
Hats 200 Sats
Pod Shout-outs
www.twitter.com/gladstein
www.twitter.com/danWilcz
www.twitter.com/tallycoinapp
www.twitter.com/TheMikeStillUK
www.twitter.com/HardBlockBTC
Contact Us
www.2bitidiots.com
1 hr 36 min - EP27: In a Land of Liars the Truth-Teller is the King – Hats and Brendo
We squeezed in a quick Hats and Brendo before we spoke to @DazBea1.
We discuss:
- Rogan (190 million downloads a month) and free speech. Why is he being cancelled now? The vast majority of people are afraid, and that fear is being exploited.
- Removing your content from Spotify purely for engagement.
- The ongoing saga with Bitbo.
- Brendo’s low time preference chest freezer for Hats the cow (resilience), dryer and using as much energy as he can. Next up a Bitcoin miner.
- 2 Bit Idiots is (almost) available on Fountain app.
- How we make the pod.
- Why I dress up as Robin on the weekends.
- Cancel culture and the outrage loop.
- Just because you don’t agree doesn’t mean something should be silenced.
- Who knew Canadians truckers and Belgian farmers would be our saviours.
- Peaceful protests, despite the negative personal impacts.
Doxx Stats
Brendo 100 Sats
Hats 100 Sats
Pod Shout-outs
www.twitter.com/beefbackbetter
www.twitter.com/fountain_app
www.twitter.com/efecini
www.twitter.com/headlinervideo
www.twitter.com/camilacampton
www.twitter.com/adamcurry
www.twitter.com/jordanbpeterson
www.twitter.com/selfbankt
www.twitter.com/BitBuyBitPod
www.twitter.com/Marketsbylili
Contact Us
www.2bitidiots.com
www.twitter.com/StackingHats
www.twitter.com/BitcoinBrendo
34 min - EP26: @dazbea1 – The Venn diagram of a bitcoiner
If you could pick a skill set to hit the ground running in Bitcoin, you’d struggle to be ‘luckier’ than Daz. A sparky by trade, with a science degree in engineering, experience in marketing, an interest in macroeconomics, an ability to communicate (written and spoken) and an all-round good bloke...he’s a Venn diagram of a bitcoiner.
He started stacking in March 2020 – coming from the value investing angle (ht Preston Pysh) and has contributed lots already since he spends “most of my waking time” on Bitcoin. Read some (all!) of his work at:
www.dazbe4.medium.com
As always, our pod’s completely lack structure, focus and we drift all over the place. Sorry (not sorry). We hit on some important topics (and some not so) in this one, so take from it what you will and direct all criticism at Brendo. We discuss:
- Why all you need to survive the virus is a caravan and an oodie
- How it helps you have your wife on-side (tip: have a spreadsheet with your personal net worth that you can screenshot and send to them in a raging bull market)
- How to find the intrinsic value of stocks, and why almost everything is over-valued:
- https://amzn.to/3snra76 - The Warren Buffett Accounting Book – Stig Brodersen & Preston Pysh
- Fiats Gains versus Changing the World
- Writing for friends and family and just making it more widely available
- How institutions will flush out your Bitcoin leveraged longs
- Do not trade, just DCA (or should it be called Mining Cost Average)
- Home mining checklist (including safety concerns)
- How to source home miners and the value of non-KYC sats
- If you can dial into your modem, you can mine
- Merger of all of the loves
- Bitcoin mining becoming the demand of last (or first) resort on the grid
- Why stranded energy and Bitcoin are a match made in heaven
- Writing a financial literacy course that’s accessible for everyone (hopefully in time for Bitcoin ‘22 conference)
- Death by PowerPoint, and What Is Money?
- You can’t orange pill in 10 minutes without sounding like a lunatic
Apologies for a couple of audio issues. We promise, Daz has now freed himself from the Matrix.
Pod Shout-outs
www.twitter.com/FossGregfoss
www.twitter.com/PrinceySOV
www.twitter.com/BTCSchellingPt
www.twitter.com/KaboomracksNick
www.twitter.com/LordFusitua
www.twitter.com/braiins_systems
www.twitter.com/sansone_jm
www.twitter.com/sebbunney
www.twitter.com/jameslavish
www.twitter.com/plebmusic
www.2bitidiots.com
1 hr 26 min - EP25: Is Anyone a Bitcoin Maximalist? - Hats and Brendo
Feels like a while since we’ve done a Hats and Brendo. Let’s be honest, the guest shows are better, BUT these are the ones where we just muck about, say whatever garbage comes into our heads and see if we can trigger each other. It’s a lot of fun.
We can’t even promise it’s always going to be Bitcoin related (even though everything is if you try hard enough). In this we discuss:
- Water parks, CrossFit, old-man injuries and the noise you make getting into a bean bag.
- Brutal honesty.
- Why Star Trek is shit.
- Avoiding talking about Bitcoin
- Testing Brendo’s knowledge of currencies
- What are shitcoiners thinking when their shitcoin is tanking
- Why the mission is greater than the money
- Why humans take the easy option
- Podcast 2.0 and Brendo’s sympathy sats.
- Is anyone a Bitcoin Maximalist
- Home mining with solar, and why using all energy sources are good for Bitcoin. (DM us if you want to come on to talk about home mining)
- Why I’m about to eat myself!
- Which of our guests is most likely to be the spook?
- Michael Caine and the Spice Girls
- Mrs Hats isn’t a sheep
- Meatloaf, Betty White and celebrity deaths
- The importance of local farmers
- Why the monarchy is a pre-mine
- Is there room for pragmatism in Bitcoin
- Tweet metrics
- Bear markets are where shitcoins go to die.
Tweet of the Week
www.twitter.com/dldasilvarosa/status/1484260764487720964?s=20
Pod Shout-outs
www.twitter.com/BitboBTC
www.twitter.com/clarkmoody
www.twitter.com/BTCBrisket
www.twitter.com/dergigi
www.twitter.com/Seetee_io
www.twitter.com/BTCsessions
www.twitter.com/_k3tan
www.twitter.com/BTCSchellingPt
www.twitter.com/santi_btc
www.twitter.com/jackmallers
Contact Us
www.2bitidiots.com
www.twitter.com/StackingHats
www.twitter.com/BitcoinBrendo
1 hr 5 min - EP24: Don't Listen if You’re Hungry with @BTCBrisketThis one is an open riff with a fellow pleb. There was no agenda and no list of questions to get through.Brisket is a beef maximalist. He was a bitcoiner waiting for Bitcoin, when he was introduced via the Human Performance Outliers Podcast with Shawn Baker, Zach Bitter with Saifedean Ammous and Michael Goldstein as guests (Episode 28).As a self-described “fat bastard” we talk about his 10-year journey trying to figure out his best diet and how carnivore was the last one he tried and the one that’s had the most impact.He tells us of the health benefits from his dietary changes, particularly additional strength in his joints.We discuss:Why there is no money in providing good dietary advice (more broken incentives), and why switching to carnivore does cost more for quality meat and set-up, but less if you remove all the supplements you’re taking.Why Gold is so hard to own.Brendo and Brisket get into BBQ porn. Listen to their little exited voices. 😉Being able to see and appreciate value everywhere when you look through a Bitcoin lens.Tolerating the legacy bullshit, compared to the swear limit on 2BitIdiots.Spending your whole life fitting in, and how Bitcoin allows him to be his weird self. Also taking the fear out of losing your job.The implications of growing up in a migrant community.The need for diversity of ideas.Why he loves it when bitcoiners say something controversial.Are countries even relevant anymore, the need for tribes and his quest for land.“Don’t question the sCIencE”Brisket, Brisket, Brisket, SkittlesThe number of people that are bitcoiners but just don’t know it yet.Why humans become unpredictable when they start looking out for your best interest.The shift in mindset when you do something you value that’s not for the profit.Price suppressionWhich Bitcoiner has been Most Influential to You?www.twitter.com/johnkvallis“There’s nothing fake about Vallis. He brings 100% authenticity to every conversation.”Other Pod Shout-outswww.twitter.com/SBakerMDwww.twitter.com/zbitterwww.twitter.com/PierrePoilievrewww.twitter.com/rjames_BTCwww.twitter.com/AlpacaAureliuswww.twitter.com/BTCSchellingPtwww.twitter.com/beefbackbetterContact Uswww.2bitidiots.comwww.twitter.com/StackingHatswww.twitter.com/BitcoinBrendo1 hr 19 min
- EP23: Hard Money with Richard James
Richard James (@rjames_BTC) is best known in Bitcoin circles as the creator of the films Hard Money, Petrodollars and Anatomy of the State, but he’s also a small business owner from Melbourne, Australia who holds his balance sheet in Bitcoin. He’s a proper bitcoiner!
We first met Richard at the Murrurundi Bitcoin Bush Bash, where unfortunately Brendo let us all down with his audio skills 😉 and the quality was just not good enough to include in the roundup. So, we wanted to make up for it and sit-down with Richard long-form and discuss his Bitcoin story and his thoughts as to what comes next.
We jump around a lot on this one (that’s on me, sorry), but it was a great back and forward with someone who brings an interest and knowledge in diverse areas such as, small business, travel, history, Austrian economics, government and money but who also has the ability to story-tell in a manner that’s approachable to the average person. Seriously...watch the films (and share with a friend)!
[ Links available from Richard’s Twitter profile: www.twitter.com/rjames_BTC ]
We also discuss:
His decision to take his travel business onto a Bitcoin Standard and how that decision insulated it from the negative effects of the Covid response.
How he thinks about the management of a business that holds its treasury in Bitcoin.
How Bitcoin has changed his outlook on life, politics and becoming involved in a community that views the world differently.
Our mutual love/hate relationship with Twitter.
The need to write and create to get your thoughts about Bitcoin straight in your own head and being able to share it with others being a secondary concern.
The gap for quality video content at the time of creating Hard Money but doing it without any Bitcoin contacts at all.
Telling a story about Bitcoin, without mentioning Bitcoin.
The hidden tax of inflation, and why Bitcoin solves the problem.
Reaching out to bitcoiners and the positive response to cold DM’s.
The future for governments on a Bitcoin Standard...do we try and fix the current model, or just build an alternate system.
Making the distinction between government itself and a government employee.
Localism, local self-determination and the El Salvador case study.
Coming to the end of multiple cycles.
Which countries will be next to adopt Bitcoin.
If you’re interested in doing the Kokodo Track, have a great idea for a Bitcoin film or just want to connect with a good bloke, hit Richard up on Twitter.
Other Pod Shout-outs
The Bitcoin Standard – Saifedean Ammous - https://amzn.to/3Azt1YE
Anatomy of the State – Murray Rothbard - https://amzn.to/33EjF3e
The 4th Turning – William Strauss and Neil Howe – https://amzn.to/3zXUHb0
www.twitter.com/Breedlove22
www.twitter.com/dergigi
www.twitter.com/PrestonPysh
www.twitter.com/bitstein
www.twitter.com/WTF_1971
www.freeprivatecities.com
1 hr 33 min - EP22: If You Want to Eat Beef in the Future, You'd Better Own Some Bitcoin with Owen
Owen is a bitcoiner and cattle farmer who we first met at the Bitcoin Bush Bash in 2020. He gave a Bitcoin for Beginners presentation then and followed that with a Regenerative Agriculture presentation in 2021.
There’s no better way to learn about something than to see it for yourself, so Brendo and I jumped in the car and headed north to visit the farm and see his farming philosophy in action. We met his Mum, Jordy the dog (named after Jordan Peterson) and the cows. If lunch is anything to go by, his methods work!
You might not immediately see the connection between Bitcoin and farming, but as Owen explains it’s all about proof of work, time preference and mimicking nature.
He talks us through:
His career up to now in organic farming certification and regulation on and off for the last 20 years, in Australia, South-East Asia and the Pacific Islands.
How his work and travels introduced him to the problems of devaluing currencies (people carrying shopping bags full of cash), credit systems and currency exchange.
Organic and regenerative farming processes and producing good beef.
Why the money is the underlying cause of so many of the world’s problems, and why farming is the ultimate low time preference activity.
His self-taught journey in economics, and how he’s now teaching people locally about Bitcoin (What, Why, When and How)
We tour the farm; hear about Owen’s thoughts about diet; see the tree planting (agri-forestry) project (assisted by the local community); Regenereggs; Beef Back Better; cell grazing; keyline ploughing to improve water retention; cattle supplements trailer with a back rubber; exponential grass growth; the negative feedback loop of set stocking; local farmers helping each other out and bartering produce; and advice for the consumer.
Why incentives are misaligned for farmers which leads to misallocation of capital.
The important of private property rights.
Teaching people the importance of holding your private keys and not to be distracted by scams.
Why DCA is the way.
Where are all the smart thinkers in the modern age?
People losing faith in the institutions and why the positivity in Bitcoin will win.
If you’d like to connect with Owen please search for the Beef Back Better telegram group.
Investors, farmers, egg producers or just someone who wants a quality beef supplier (we endorse this!) please drop Owen an email at: [email protected]
Which Bitcoiner has been Most Influential to You?
www.twitter.com/saifedean
Other Pod Shout-outs
www.twitter.com/maxkeiser
www.twitter.com/jordanbpeterson
www.twitter.com/AllanRSavory
www.twitter.com/BitarooExchange
www.twitter.com/Trezor
Contact Us
www.twitter.com/2BitIdiots
www.twitter.com/BitcoinBrendo
www.twitter.com/StackingHats
1 hr 30 min
About 2-Bit Idiots
From the publisher's feed
The journey from Normie to Bitcoiner.
Normal people tell the story of how they found the greatest money ever invented. Contact www.twitter.com/2BitIdiots if you'd like to come on as a guest.
Hosted by:
www.twitter.com/StackingHats and www.twitter.com/BitcoinBrendo
More info:
www.2bitidiots.com