FILL OUT THE SURVEY BY CLICKING HERE:

Charlie and Colin dive deep into the $8 billion Bitcoin whale awakening from 2011, conspiracy theories around legal notices, and the dramatic fallout between Elon Musk and Trump. Plus, Bitcoin smashes through $113K as markets defy doomsday predictions.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

NOTES:

• 80,000 Bitcoin moved worth $8.1 billion

• Bitcoin hits new all-time high at $113K

• Funds dormant since 2011 - 13+ years

• Elon announces America Party with Bitcoin focus

• Markets shed 15% earlier this year

• $150B in government waste cuts achieved

Timestamps

00:00 Start

00:52 80k BTC moved

06:03 Message in transaction

16:21 Elon forms political party

22:29 BTC @ $113k

28:28 WW3 with Iran

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

Gwart joins us to talk about the collapse of crypto's "public goods" era and why the revenue meta is taking over. We dive deep into the fat protocol thesis, why DAOs failed, the difference between Bitcoin and crypto, and how builders are finally focusing on sustainable businesses instead of token hacking.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

**NOTES:**

• Pump.fun crossed hundreds of millions in revenue

• Fat protocol thesis originated 2016-2017

• iPhone example: $1,000 vs theoretical $10,000

• Uniswap has fee switch but hasn't turned it on

• Thread guy has 5% Bitcoin portfolio allocation

• Bitcoin could 10x in next five years

Timestamps:

00:00 Start

01:59 Bitcoin vs Crypto

06:08 What does Gwart "believe" in?

08:33 Revenue Meta & Fat Protocol Thesis

13:36 Interpreting the Fat Protocol Thesis

19:25 Analogies to Linux, etc

27:18 Is the DAO dead?

31:27 Devs

37:35 Creators of the Revenue delusion

40:46 Are stonks the new tokens?

45:01 Solana maxi

50:22 Real World Assets ;P

53:10 Minting new BTC maxis

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

Colin and Charlie dive deep into the Nakamoto Project's groundbreaking survey revealing what the average American really thinks about Bitcoin. From surprising ownership demographics to political shifts and moral foundations, this data challenges everything you think you know about who owns Bitcoin and why.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Casey Rodarmor, creator of Bitcoin Ordinals and Runes protocols, joins us to talk about his frustration with Bitcoin politics, why he thinks Bitcoiners are becoming too cozy with politicians, the future of ordinals and runes adoption, his thoughts on stablecoins, and his fascinating new project to integrate Chinese numerology and divination systems into Bitcoin through SAT-based fortune telling.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

**NOTES:**

• Bitcoin currently trading at $110,000

• Runes has built-in 4-year hype cycle for names

• One-letter rune names unlock in final phase

• Casey blames lack of creativity for runes adoption

• Stablecoins expand dollar demand globally

• Chinese numerology integration planned for ordinals

Timestamps:

00:00 Start

00:55 Tired of Ordinals & Runes?

03:25 Bitcoin is feeling weird

06:41 Politicians

10:02 Arch Network

10:34 Bitcoin & politics

12:02 Stablecoins

14:02 Hell Money Podcast

15:20 Numerology

22:04 Vaporware?

23:35 Interesting stuff right now

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome back to Bitcoin Season 2! Today, Charlie and Colin break down Michael Saylor's Bitcoin Prague keynote where he tells people to leverage it all for bitcoin - including borrowing from family members (what could go wrong?). Plus, the FHFA’s directive ordering Fannie Mae and Freddie Mac to recognize crypto as legitimate assets for mortgages, a new Bitcoin stablecoin launch, and the weird on-chain "clocking in" game that's creating the only regular fees on Bitcoin right now.

NOTES:

• Bitcoin trading at $107,000-$108,000

• Michael Saylor’s BTC Prague Keynote: Debt for BTC

• FHFA order for recognition of crypto as an asset for mortgages

• Transaction fees only 2 sats per byte  

• Tether market cap at $157 billion

• Crypto market cap over $3 trillion total

• Bitcoin market cap over $2 trillion

• People clocking in 30+ days straight

Timestamps:

00:00 Start

02:10 Saylor says leverage = good

11:37 Bill Putle BTC as loan backing

20:18 Stablecoins on BTC

29:16 Make sure you clock in!

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome back to Bitcoin Season 2! Today, @0xBunzy, Bitcoin developer and creator of foundational tools, joins us to talk about Laser Eyes, the open source wallet connection library that's become essential infrastructure; Beat Blocks, an inscription tool for putting music on Bitcoin’s blockchain; and why Bitcoin's constraints spark the most creative innovations in art and developer tooling.

NOTES:

• Opus codec compresses 40% smaller than MP3

• Multiple major apps now use Laser Eyes

• npm installs track Bitcoin dev growth

• Beat Blocks uses recursive inscriptions

• P5 library enables high-quality visuals

• Bitcoin friction creates better art

Timestamps:

00:00 Start

01:11 How does Bunzy explain his job?

02:49 Laser Eyes

06:39 Modulat wallet construction

08:39 Beat Blocks

14:24 Browser UI experience

16:41 Art on Bitcoin as culture

20:32 Wrap up

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome back to Bitcoin Season 2! Today, Colin and Charlie talk about the explosive growth of Bitcoin treasury companies and their financial engineering strategies. They break down Strategy's convertible debt playbook, examine why these companies trade at premiums to their Bitcoin holdings, and debate whether this trend is sustainable or an elaborate house of cards waiting to collapse.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

**Notes:**

• MicroStrategy holds 592,100 Bitcoin

• Q1 2025 revenue: $111 million 

• Convertible notes have 0-1% interest rates

• Bitcoin needs to drop way low for liquidation

• Preferred shares pay 8-10% dividends

• Annual obligations: $10-20 billion

Timestamps:

00:00 Start

02:59 Strategy (formerly micro)

10:42 Types of companies

15:13 Preferred stock

24:57 Closed end fund dynamics

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeremy Rubin joins us to talk about his secretive Miami Bitcoin office building Polybeam bridge and a Bitcoin staking platform, his controversial ideas for redesigning Bitcoin script entirely using RISC-V instead of the current "crappy programming language," his CTV endorsement process and why CAT proposals fell short, plus his theory on optimal soft fork activation timing to avoid holidays and summer vacations.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

Notes:

• Building Bitcoin staking platform into core client

• Polybeam bridge connects Bitcoin to StarkNet

• CTV endorsement process received few submissions

• Recommends 10 megabytes memory for new script

• Early November best time for soft fork activation

• In-person work more effective than remote

Timestamps:

00:00 Start

01:47 Working from home

03:17 Jeremy's secret project

04:25 Polybeam

05:35 Char & Bitcoin staking

07:19 Staking within the client

10:05 Whiteboarding at OP_NEXT

11:54 64 byte transactions

22:12 Redesigning bitcoin script

28:52 Drama & Kanye

30:55 CTV

37:34 Softfork activation (the human version)

46:01 Best day of life

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Charlie and Colin break down every major Bitcoin price prediction model and explain why they're all fundamentally flawed. From Plan B's broken stock-to-flow to Giovanni's power law obsession, rainbow charts, and Metcalfe's law - we expose the problems with each approach and introduce Charlie's new "institutional structured bid corridor" theory for this cycle.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

NOTES:

• Stock-to-flow predicted $1M by 2025 - failed

• Rainbow chart undefeated since 2013

• Power law predicts $100K by 2028 latest  

• Metcalfe's law broken by ETF adoption

• Hyper-bitcoinization chart shows $100B BTC

• Institutional money creating price channels

Timestamps:

00:00 Start

00:34 Price Models

02:09 Stock to Flow

10:48 Rainbow Chart

14:59 Arch Network

15:31 Power Law

21:40 Metcalfe's Law

28:03 Hyperbitcoinization Model

30:47 Institutional Structure Bid Corridor Model

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices

Nick, co-founder of Gamma, joins us to talk about the broken NFT market discovery process and how their new platform Signals fixes the ridiculous whitelist system. We dive into Bitcoin ordinals vs traditional NFTs, why inscriptions are superior to off-chain storage, and how auction-style price discovery creates fairer markets for creators and collectors.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

Notes:

• Tens of thousands of Bitcoin nodes store inscriptions

• 2021 marked peak NFT hype cycle craze

• Most NFT data stored on centralized servers

• Signals uses auction clearing price model

• Bitcoin inscriptions permanently on-chain

• Traditional NFTs just track ownership

Timestamps

00:00 Start

00:49 Inscribing Vegas conference

02:47 NFT market currently

05:45 Market participants

11:44 Why are Ordinals & Inscriptions interesting?

20:36 Arch Network

21:08 Price discovery (it's harder than it looks)

29:09 Signals Art

39:54 Blockspace

40:43 Is a market equilibrium possible?

45:05 Wrap up

47:53 Invite code #BS2

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

Learn more about your ad choices. Visit megaphone.fm/adchoices