Time stamps:

Introducing Mike Belshe (00:00:42)

Mike Belshe's Background (00:01:58)

Self-Custody vs. Institutional Custody (00:02:05)

Multi-Signature Technology (00:03:56)

Understanding Multi-Party Computation (00:04:51)

Advancements in Cryptography (00:05:53)

BitGo's Role in Tokenizing Bitcoin (00:08:26)

Defining DeFi's Importance (00:09:09)

Mike's Technology Background (00:12:12)

Inspiration from Tim Berners-Lee (00:14:57)

Bitcoin's Zero Click Payments (00:17:11)

Bitcoin Custodianship Issues (00:17:36)

Challenges of Bitcoin Payments (00:18:25)

Scaling Bitcoin and Lightning Network (00:19:20)

Bitcoin's Role in Digital Money (00:20:13)

Layer Two Solutions and Drivechains (00:21:15)

Scaling Discussions in Bitcoin's History (00:22:31)

Sidechains and Their Limitations (00:23:16)

Innovation vs. Immutability (00:24:29)

Importance of Real Applications (00:25:32)

Privacy and Fungibility in Bitcoin (00:28:42)

Lessons from TCP/IP and Blockchain Privacy (00:30:51)

Regulatory Concerns and Privacy Solutions (00:32:53)

Understanding the Static of Security (00:34:01)

SideShift (00:34:59)

Bitcoin's Civil War: Block Size Wars (00:35:54)

Human Decisions in Bitcoin (00:36:16)

Historical Proposals and Interpretations (00:37:10)

Challenges of Block Space and Fees (00:37:58)

Bitcoin Consensus (00:38:48)

SegWit and Its Implications (00:39:41)

Gavin Andresen's Role in Bitcoin (00:42:00)

Bitcoin's Resilience Against Adversaries (00:42:13)

Need for Enhanced Security (00:43:05)

Strategic Bitcoin Reserve in the USA (00:44:30)

El Salvador's Currency Strategy (00:45:19)

Self-Custody Concerns (00:49:13)

Security Measures for Self-Custody (00:50:17)

Privacy as a Solution (00:50:43)

Self-Custody Options (00:51:14)

Family Legacy and Custody Challenges (00:52:24)

Public Key Cryptography Innovation (00:52:28)

HODLING.ch (00:53:29)

Protecting Against Government Confiscation (00:54:15)

Multi-Custodial Model Explanation (00:54:21)

Hardware Wallets Discussion (00:56:03)

Safety Deposit Box Concerns (00:58:03)

Trade-offs in Security Solutions (00:58:56)

Onboarding New Users (01:00:09)

Edge Wallet Features (01:01:01)

BitGo's Wallet Recovery Wizard (01:03:02)

BitGo vs. Casa (01:05:08)

Multi-Signature Security (01:05:46)

Early Adoption of Multi-Sig (01:09:10)

Building a New Monetary System (01:11:54)

Regulatory Changes in the US (01:13:49)

Impact of MiCA in Europe (01:15:32)

War on Cash (01:16:17)

Global Financial Systems (01:18:03)

Zero Knowledge Proofs (01:19:48)

Zcash Discussion (01:20:04)

Privacy Technologies in Bitcoin (01:21:18)

Challenges of On-chain Traceability (01:22:26)

Philosophy on Transaction Privacy (01:23:19)

Concerns About Privacy Adoption (01:24:51)

Historical Context of TCP/IP Security (01:25:34)

Bitcoin as Digital Gold (01:27:24)

Ethereum's Role in DeFi (01:29:01)

Benefits of Smart Contracts (01:32:01)

Reflections on Bitcoin's Journey (01:33:25)

Future of Bitcoin (01:34:30)

Lightning Network Fees (01:36:12)

Trade-offs in Payment Systems (01:38:01)

Adoption of Bitcoin and Early Adoption Costs (01:42:01)

Long-term Viability of Bitcoin Mining (01:44:38)

The Future of Bitcoin and Layer Solutions (01:47:17)

Community Response to Bitcoin Vulnerabilities (01:49:01)

Satoshi's Vision for Mining (01:51:11)

Satoshi's Intentions (01:52:35)

Empathy for Satoshi (01:54:16)

0 to 1 Concept (01:54:24)

Bitcoin's Anniversary (01:55:53)

Centralization in Crisis (01:56:33)

Zero Knowledge Proof Bug (01:57:45)

Following Mike Belshe's Work (01:58:45)

Time stamps:

Introducing Amir (00:00:47)

Reflections on Bitcoin Privacy (00:01:44)

Layer 2 Solutions Discussion (00:02:36)

Challenges of Layer 2 Usability (00:04:46)

Interest in Layer 2 Proposals (00:05:51)

Simplicity in Opcode Development (00:06:54)

Concerns Over Opcode Usage (00:08:03)

Historical Context of Bitcoin's Scripting Language (00:09:00)

Limitations Imposed by Bitcoin's Development (00:11:15)

Impact of Ethereum's Creation (00:13:30)

Desire for a More Flexible Bitcoin (00:15:10)

Exploring BIP 300 and Sidechains (00:16:31)

Building Beyond Bitcoin's Constraints (00:17:33)

Comparison with Bitcoin Cash (00:19:25)

Ethereum's Initial Use Cases (20:33)

Challenges with Bitcoin Development (21:25)

Political Dynamics in Bitcoin Upgrades (23:00)

Governance Issues in Bitcoin (24:04)

Accountability in Bitcoin Development (27:01)

Corruption in the Bitcoin Foundation (29:18)

Personal Experiences with Bitcoin Development (30:13)

Hostile Takeover of Bitcoin (32:36)

New Visions for Bitcoin's Future (35:05)

Ideological Weakness in Bitcoin (39:46)

The Complexity of Consensus (00:41:04)

Linux and Bitcoin Comparisons (00:41:57)

The Rust Debate (00:43:04)

Resistance to Change in Bitcoin (00:44:18)

Bitcoin's Political Nature (00:45:35)

Learning from Early Internet (00:46:17)

Bitcoin's Lack of Diversity (00:48:27)

Undefined Behavior in Bitcoin (00:50:55)

Centralization of Bitcoin Development (00:53:39)

Libbitcoin Development (00:57:59)

Challenges in Bitcoin Development (01:00:06)

Diverging Perspectives on Bitcoin (01:00:39)

Interest in Other Cryptocurrencies (01:01:30)

Discussion on Bitcoin Script (01:02:37)

Challenges of Bitcoin Scripts (01:03:55)

Multi-Sig Development History (01:05:05)

Block Size Debate Insights (01:06:36)

Critique of Bitcoin Core Developers (01:07:04)

Peter Todd & John Dillon (01:08:14)

CoinJoin Bounty Fund Issues (01:09:21)

Corruption Allegations in Bitcoin Development (01:14:36)

Future of Bitcoin and Governance (01:18:59)

DarkFi and Bitcoin's Future (01:20:04)

Critique of Cryptocurrency Developments (01:20:58)

Crypto's Role in Political Change (01:22:49)

Anonymous Chat Development (01:23:56)

Government Crackdowns on Speech (01:25:40)

DarkFi's Privacy Features (01:27:26)

Critique of Current Communication Platforms (01:28:31)

Basic Features of DarkFi (01:30:46)

Launch Timeline for DarkFi (01:31:34)

Improvements to DarkFi's DAO (01:34:38)

Community Engagement and Development (01:37:31)

Evolution of DarkFi's Technology (01:39:21)

The Future of Anonymity (01:42:34)

3D Printing and Innovation (01:43:48)

The Power of Anonymity in Online Spaces (01:44:49)

Bitcoin's Impact on Financial Transactions (01:46:45)

Silk Road and the Cypherpunk Movement (01:47:54)

The Illusion of Silicon Valley Innovation (01:49:10)

The Dark Patterns of Social Media (01:50:22)

Proprietary Tech vs. Freedom (01:51:26)

The Need for Innovative Tech Paradigms (01:54:56)

The Mediocrity of Current Tech Projects (01:58:01)

The Role of Developers in Tech Quality (01:59:46)

The Broader Economic Scam (02:01:46)

Crypto in "Squid Game" (02:02:51)

Torrenting vs. Streaming Services (02:03:18)

Satoshi Nakamoto's Quote (02:05:50)

Political Reform in Bitcoin (02:06:46)

Impact of Cryptocurrency on Political Struggles (02:08:45)

Squad Wealth and DAOs (02:09:57)

Decline of DAOs and Nihilism (02:11:01)

Changing Perceptions of Crypto (02:13:14)

Cypherpunk Ideals and DAOs (02:14:29)

Concerns Over Centralized Platforms (02:17:36)

Binance and Government Surveillance (02:18:35)

Building True Cypherpunk Technologies (02:20:41)

Ethereum's Compromises (02:21:49)

Weak Attitude of Compliance (02:22:52)

Solana's Efficiency (02:24:03)

Amir's Rant on Ethereum (02:24:32)

Zano (02:25:15)

Limitations of Ring Signatures (02:26:09)

Token Development for DarkFi (02:29:01)

Darknet Markets and DarkFi (02:30:45)

Future of DarkFi (02:31:22)

Decentralized Information Marketplaces (02:33:37)

Scalability Solutions in DAOs (02:36:06)

Indistinguishable Obfuscation (02:37:25)

Blockchain Scaling Trilemma (02:38:36)

Instant Node Synchronization (02:41:04)

Complexity of Smart Contract Platforms (02:42:17)

The Cypherpunk Ethos (02:43:37)

Zero Knowledge Rollups Explained (02:44:40)

Rapid Development in Privacy Tech (02:45:39)

Advanced Features of Dark Wallet (02:46:31)

Funding Challenges in Development (02:50:26)

Legal Considerations for Tokenization (02:51:04)

Ethereum's Unique Funding Model (02:52:08)

Governance Issues in Bitcoin (02:53:11)

Sidechains vs. Layer 2 Solutions (02:54:37)

Incentives for Sidechains (02:55:15)

Evolution of Stablecoins (02:56:18)

Short Window of Opportunity (02:59:19)

Introduction to Opportunities in Crypto (03:03:37)

Challenges in Privacy Tools (03:04:46)

Government Surveillance on Tor (03:05:58)

Need for Collaboration in Privacy Tech (03:06:35)

Year in Review: Privacy Challenges (03:06:57)

The Impact of Dark Wallet (03:07:32)

Legal Risks of Privacy Tools (03:08:21)

Evolution of CoinJoin (03:08:52)

Monero's FCMP Technology (03:09:09)

Funding Challenges for Tornado Cash Developer (03:10:59)

Ethereum's Ethical Dilemmas (03:11:21)

Gavin Andresen's Controversial Legacy (03:12:59)

Shift in Interest from Scaling Debates (03:15:51)

Future of Zero-Knowledge Proofs (03:16:35)

Quantum Computing and Cryptocurrency (03:18:55)

Skepticism Towards Quantum Threats (03:19:19)

Semiconductor Manufacturing Insights (03:21:12)

Critique of VC Claims on Quantum (03:23:50)

Bitcoin's Investment Landscape (03:24:50)

Quantum Computing and Bitcoin (03:26:00)

Market Reactions to Quantum Advances (03:27:00)

Bitcoin's Pricing Strategy (03:28:00)

Perceptions of Bitcoin (03:29:00)

Investing in Tokens vs. Stocks (03:30:00)

Understanding NFT Value (03:31:00)

Generative NFTs and Gaming (03:34:00)

Art and Mathematics in NFTs (03:37:00)

Community Engagement and Branding (03:39:00)

Ads (03:40:00)

Health and Fitness Journey (03:44:00)

Privacy Concerns in Bitcoin (03:44:50)

Michael Saylor's Involvement (03:45:32)

Irony of Bitcoin Leadership (03:45:58)

Roger Ver's Book Title (03:46:22)

Bitcoin Project Takeover (03:46:54)

Governance and Privacy in Bitcoin (03:47:34)

Vitalik's Potential Impact (03:48:38)

Zcash's Initial Purpose (03:49:06)

Criticism of Zcash (03:50:04)

Respect for Zcash Developers (03:51:23)

Zcash's Founding Group (03:52:56)

DarkFi’s Development in Switzerland (03:54:54)

Trump's Influence on Crypto (03:56:47)

Ross Ulbricht's Case (03:57:01)

Power Dynamics in Politics (03:59:21)

Working-Class Concerns (04:02:34)

America's Global Role (04:05:36)

CIA and Global Finance (04:07:50)

Free Market Hypocrisy (04:09:04)

Switzerland's Economic Sovereignty (04:10:17)

Impact of Regulations on Crypto Projects (04:12:26)

Researching Crypto Projects (04:16:18)

Emerging Privacy Projects (04:18:52)

Taxation Views (04:24:21)

Graphene OS and Privacy (04:24:58)

Nym VPN and Anonymity (04:26:45)

Tor Compromise Discussion (04:27:54)

Signal Messenger Concerns (04:28:56)

Meredith Whittaker's Background (04:30:36)

Privacy Tools and Platforms (04:32:33)

Nym Integration Challenges (04:33:34)

Radical Project Overview (04:34:51)

Web 3 Privacy List Critique (04:35:56)

Digital Identity and Reputation Systems (04:36:58)

VPNs and Decentralized Protocols (04:38:15)

Zashi Wallet Review (04:39:06)

Freenet and ITP Discussion (04:40:42)

Wallet Recommendations (04:42:01)

Critique of Rare IMO (04:43:28)

Unknown Cost Discussion (04:44:11)

Community Dynamics on Anonymous Platforms (04:46:11)

Bitcoin Maximalism Anecdote (04:49:59)

Bitcoin Lifestyle Ism (04:52:12)

Esperanto and Community Engagement (04:53:24)

Subculture and Ideology (04:54:22)

Ted Kaczynski's Insights (04:55:25)

Challenges in Privacy Technologies (04:57:36)

Dark Wallet's Features (04:59:42)

Moderation and Community Management (05:00:52)

Linux Preferences and Philosophy (05:07:39)

Gentoo Installation Experience (05:09:05)

Linux Customization (05:12:33)

Video Game Preferences (05:15:28)

Podcast Length and Content (05:19:01)

Governance in Bitcoin (05:21:11)

Privacy Magazine Discussion (05:23:29)

Video Game Memories (05:24:41)

PlayStation Emulation Experience (05:27:51)

Modding and Game Hacking (05:29:33)

Early Coding Inspirations (05:30:59)

Learning C++ (05:31:43)

QBasic Adventures (05:32:52)

Game Development Techniques (05:34:27)

Programming Challenges (05:36:41)

Muscle Memory in Coding (05:37:51)

Perceptions of Programming (05:39:49)

Personal Coding Experiences (05:40:18)

The Role of QBasic (05:42:04)

Motivating New Programmers (05:44:20)

Innovative App Development (05:46:28)

Market Phase Considerations (05:48:27)

UI Framework Development (05:50:05)

Breaking Consumer Paradigms (05:52:31)

Future Aspirations After Financial Reform (05:53:57)

Morality and Humanity (05:54:03)

Leadership in Decentralized Projects (05:56:21)

Decentralization Misunderstandings (06:00:13)

Empowering Individuals through Philosophy (06:05:26)

Future Vision and Inspiration (06:08:45)

Community Building and Evolution (06:09:56)

Record-Breaking Episode (06:13:16)

Special Word for Listeners (06:20:45)

Dinosaur Coloration Insights (06:24:30)

Interests Beyond Bitcoin (06:28:37)

Evolution of Populations (06:31:48)

Human Species Coexistence (06:33:17)

Convergent Evolution (06:37:28)

Wrap-Up and Transition (06:38:04)

Favorite Mathematicians Discussion (06:39:37)

Grothendieck's Contributions (06:40:22)

Serge Lang's Influence (06:41:24)

John von Neumann's Legacy (06:43:01)

Paul Erdős and His Unique Lifestyle (06:48:11)

Grigori Perelman's Principles (06:50:46)

Richard Feynman's Philosophy (06:52:24)

Learning from Mathematicians (06:54:18)

Economics and Hacking (06:54:35)

"Hackers: Wizards of the Electronic Age" (06:55:19)

Respect for Richard Stallman (06:56:41)

David Chaum's Xx Network (06:57:18)

Bram Cohen's Projects (06:57:32)

Future of AI (07:00:11)

Palantir and Military Use of AI (07:00:23)

AI's Influence on Social Media (07:02:16)

Drones and Surveillance (07:04:38)

Crypto as Resistance (07:06:59)

The End (07:09:11)

Time Stamps:

Jeff Garzik’s Contributions (00:00:47)

Overview of Hemi (00:02:32)

Scaling Bitcoin (00:03:11)

Challenges with Current Solutions (00:04:17)

Lightning Network Use Cases (00:05:04)

Goals of Hemi (00:05:56)

Integration with Bitcoin (00:07:19)

History of Open Source Software (00:08:20)

Security and Trust in Established Technologies (00:10:01)

Satoshi's Approach to Building Bitcoin (00:12:58)

Understanding Proof of Proof (00:14:11)

Keystone Element in Hemi (00:16:15)

Hi, Amir Taaki! (00:17:39)

The Need for Privacy (00:18:31)

Shift in Bitcoin's Narrative (00:20:13)

Jeff Garzik's Optimism for Bitcoin (00:21:09)

Building for the Future (00:23:00)

Hemi and SideShift? (00:23:40)

Hemi Token? (00:24:18)

Practical Use Cases for Hemi (00:25:21)

Decentralized Finance and Hemi (00:26:54)

Composability in DeFi (00:28:23)

Decentralization and Security (00:30:16)

Maximalism vs. Moderation (00:33:03)

Limitations of Bitcoin Script (00:35:31)

Drivechains and Sidechains (00:40:16)

Trade-offs of Using Hemi (00:43:17)

Natural Scaling of Blockchain (00:44:51)

Comparison with ZK Rollups (00:47:05)

The Process of Innovation (00:47:56)

Innovation in Scaling Blockchains (00:50:15)

Hemi's Unique Approach (00:51:38)

Self-Custody Risks and Best Practices (00:52:29)

Medium of Exchange and Bitcoin's Volatility (00:56:17)

Was Greg Maxwell Ever Wrong? (00:58:47)

Jeff Garzik’s Favorite Scaling and Privacy Solutions (01:01:52)

Time stamps:

Announcing the New Passport Prime (00:01:49)

Competitive Landscape of Hardware Wallets (00:03:17)

The Challenge to Replace Trezor (00:03:17)

Introduction of the Passport Prime (00:05:25)

Features of the Passport Prime (00:06:54)

Expanding Digital Security (00:08:07)

Comparison to Steve Jobs' Presentation (00:08:34)

Open Source Platform Development (00:10:34)

Microkernel Operating System (00:11:46)

Unique Approach to Hardware Wallets (00:14:31)

Development Timeline for Passport Prime (00:15:20)

Competitor Analysis (00:17:17)

Innovation (and Stagnation) in Hardware Wallets (00:21:03)

Foundation's Bitcoin-Centric Approach? (00:24:33)

Comparison with Ledger's Closed Platform (00:25:57)

Developer Ecosystem and App Distribution (00:28:16)

Hardware Wallet Industry Challenges (00:29:50)

Market Position of Ledger & Trezor (00:30:36)

Foundation's Still Manufactured in the USA (00:35:26)

Manufacturing Changes in Ledger (00:35:41)

Pricing Strategies of Hardware Wallets (00:38:23)

Passport Prime Pricing and Features (00:40:09)

Competing with YubiKey (00:42:26)

Envoy Plus Subscription Service (00:43:05)

Passport Prime Packaging (00:44:40)

Shamir Backup Method (00:44:54)

Magic Backups Feature (00:46:02)

Privacy Concerns with Subscription (00:48:11)

Backup Management Options (00:51:20)

Open Source Elements (00:56:14)

Bluetooth Security Measures (01:00:19)

Support for Previous Generations (01:03:33)

User Interface Adaptation (01:03:55)

Product Support Commitment (01:04:55)

Price Stability for Passport Devices (01:05:30)

Future Mobile Phone Plans (01:07:23)

Operating System Development Challenges (01:09:31)

Optimization in Software Development (01:11:53)

Microkernel Operating System Vision (01:13:57)

Integration of Open Source Components (01:17:02)

Concerns Over Tropic Square's Project (01:18:28)

Future of Foundation Devices (01:22:37)

Open Source Benefits (01:23:27)

Firmware Updates and Security (01:24:11)

Backup Solutions (01:25:18)

Critique of Competitors (01:26:55)

CoinJoin Feature Discussion (01:29:23)

Regulatory Impact on Development (01:31:28)

Integration with Full Nodes (01:32:39)

Challenges of Node Development (01:34:03)

Ambitious Hardware Ideas (01:36:15)

AI Integration with Home Servers (01:37:05)

Listing and Integration Policies (01:39:45)

The Hardware Wallet Ecosystem (01:43:03)

Sandboxing Applications (01:44:12)

Customization and User Experience (01:45:51)

Gaming Features in Hardware Wallets (01:46:25)

Libertarian Principles in Bitcoin (01:49:29)

Market Competition and Ledger (01:50:34)

Review Unit for Mandrik (01:51:44)

Durability of Passport Prime (01:52:27)

Conspiracy Theories About Foundation (01:54:34)

Principles of Decentralization (01:56:53)

Nuance in Cryptocurrency Criticism (01:58:06)

Software and Distribution Analogies (01:59:54)

Shifts in Hardware Wallet Design (02:01:12)

Introduction to First Principles (02:03:00)

Privacy Magazine Mention (02:03:35)

Discussion on Limited Editions (02:05:00)

Existential Questions in Bitcoin (02:05:55)

Critique on Bitcoin Upgrades (02:07:11)

Jaded Perspectives on Bitcoin (02:08:10)

Pre-Selling Passport Prime (02:10:48)

Customization and Future Updates (02:12:09)

Homebrew Support (02:12:45)

Closing Remarks (02:13:28)

Time stamps:

Introducing Paul… again! (00:00:46)

Core Untouched Soft Work (00:01:56)

Peter Todd's Criticism (00:02:19)

Debate on Soft Forks (00:04:44)

Luke Dash Jr.'s Perspective (00:05:00)

SPV Wallets and Full Nodes (00:08:51)

Data Availability Issues (00:12:10)

Neutrino and Privacy (00:14:16)

Dandelion++ Proposal (00:17:05)

Quality of Bitcoin Core Development (00:18:45)

Libbitcoin’s Fast Sync (00:19:36)

Bitcoin Core Limitations (00:20:01)

Governance Challenges (00:20:55)


Responsibility in Development (00:24:39)

Mainstream Adoption Concerns (00:25:31)

Risk of Centralization (00:26:54)

Michael Saylor's Influence (00:27:55)

Wrapped Bitcoin and Smart Contracts (00:33:19)

Bitcoin Core's Innovation Stagnation (00:34:31)

BIP 300 and Soft Forks (00:37:11)

Redefining Bitcoin Maximalism (00:38:27)

The Miners' Interests (00:40:46)


Layer Two Labs (00:41:56)

Explaining the Core Untouched Soft Work Proposal (00:43:53)

Challenges with Soft Fork Activation (00:46:04)

Slow Progress of Soft Forks (00:48:12)

Competition Among Layer 1 Solutions (00:49:21)

Critique of the Lightning Network (00:51:31)

Concerns Over Custodial Solutions (00:53:06)

Historical Perspective on Lightning Network (00:54:17)

Cultural Issues in Criticizing the Lightning Network (00:55:22)

Incompetence in Development (00:56:40)

Potential for Improvement (00:58:57)

BIP Activation Dynamics (01:00:22)

Prediction Markets for Bitcoin Soft Forks? (01:01:22)

Political Control in Bitcoin (01:02:49)

Concerns About Full Nodes (01:04:18)

Covenants and Activation Delays (01:05:38)

Blockstream's Influence (01:06:56)

Why Covenants Are a Mistake (01:08:01)

The Role of Miners in Soft Forks (01:09:13)

Misguided Investments in Technology (01:10:21)

Competition in Bitcoin Development (01:11:23)

Privacy Improvements in Bitcoin (01:14:46)

The Search for Innovative Solutions (01:17:13)

User Experience and Adoption (01:21:41)

No Interest in User Experience (01:22:45)

Changing the Culture (01:23:19)

Technological Gaps (01:24:04)

Network Effects and Competition (01:25:15)

Bitcoin's Complacency (01:26:34)

Decentralization Spectrum (01:28:13)

Historical Context of Competition (01:29:05)

Privacy Innovations (01:31:29)

Politicians Praising Bitcoin (01:34:10)

Mainstream Adoption (01:35:31)

Innovation and Disruption (01:37:33)

Sponsor Plug and Market Insights (01:38:16)

Community Questions (01:42:52)

Blocking on Twitter (01:43:20)

Perceptions of Bitcoiners (01:45:40)

Miners' Misunderstanding of Bitcoin (01:46:37)

Future of Bitcoin Projects (01:49:07)

Privacy Improvements in Bitcoin (01:50:15)

Monero's Position in Privacy (01:51:57)

Mempool Policy and CUSF (01:54:36)

Conway's Law in Bitcoin (01:58:20)

Criticism of Bitcoin's Direction (02:00:09)

Responsibility in Bitcoin Core Development (02:01:59)

Ad Hominem Attacks in Bitcoin Proposals (02:04:15)

Closing Statement on CUSF (02:05:06)

The Future of Consensus (02:05:16)

Soft Forks and Innovation (02:06:08)

Understanding Soft Forks (02:07:12)

Prediction Markets in Bitcoin? (02:08:18)

Time stamps:

Welcome to the Gymcast! (00:00:51)

Rocelo's Introduction (00:01:47)

First Bitcoin Transaction (00:02:51)

Buying Bitcoin in Tokyo (00:03:17)

Meeting Satoshi Nakamoto? (00:05:13)

Importance of Physical Fitness for HODLing (00:06:51)

Transition from Bitcoin Skeptic to Miner (00:08:22)

Future of Bitcoin Mining (00:09:35)

From Bitcoin Enthusiast to Kidnapping Victim (00:10:53)

Lessons on Operational Security (00:11:34)

The Need for Bitcoin Privacy (00:14:13)

Discussion on Privacy Solutions (00:15:23)

Focus on Liquid and Future Innovations (00:16:14)

Bitcoin Privacy and Opsec (17:16)

Litecoin's Extension Block (17:33)

Comparing Bitcoin and Monero (18:16)

Liquid's Adoption Challenges (19:19)

Liquid as a Trojan Horse (20:24)

USDT's Role in Crypto (23:19)

Emerging Market Adoption (25:50)

Decentralization Beyond Money (28:24)

Self-Custody Advice (30:49)

Creative Solutions for Bitcoin Security (32:42)

Importance of Privacy in Bitcoin (00:34:31)

Creative Responses to Bitcoin Ownership Questions (00:35:17)

Staying Humble and Low Profile (00:36:22)

Reflections on Roger Ver's Predictions (00:38:03)

Future Bitcoin Price Predictions (00:38:28)

User Empowerment in Bitcoin Holding (00:39:10)

BlackRock's Role in Bitcoin Market (00:40:30)

Earning Bitcoin Instead of Buying (00:41:13)

Challenges for Bitcoin Businesses (00:42:25)

Creating Demand for Bitcoin (00:43:22)

Complications of Using Bitcoin (00:44:16)

Incentivizing Bitcoin Adoption (00:46:08)

Bitcoin as Software and Scalability (00:47:35)

Exploring Other Cryptocurrencies (00:49:08)

Future of Bitcoin (00:51:26)

Bitcoin vs. Gold (00:52:24)

Bitcoin in Global Economy (00:53:28)

Top-Down Adoption of Bitcoin (00:55:13)

Trust in Politicians (00:56:39)

Bitcoin's Freedom (00:58:08)

Bitcoin Price Speculation (01:00:11)

Self-Custody and Privacy (01:00:52)

Always Ask Questions (01:01:04)

Time stamps:

Introduction (00:00:56)

Michael Saylor & Paranoid Crypto Anarchy (00:01:20)

Bitcoin Block Size Discussion (00:03:10)

Ossification of Bitcoin (00:04:09)

Challenges of Second Layer Solutions (00:05:31)

Botanics and Spider Chain (00:08:15)

Practicality of Innovations (00:09:44)

State of the Lightning Network (00:10:14)

Liquidity Management in Lightning (00:15:43)

Drivechains as a Solution (00:17:00)

Cultural Complacency in Bitcoin (00:19:15)

The Bull Market vs. Bear Market Metrics (00:20:42)

Concerns Over Bitcoin Custodianship (00:22:43)

Long-Term Perspective on Bitcoin Governance (00:24:33)

Stablecoins in Conference Travel (00:25:42)

Privacy Tools and Adoption Challenges (00:28:15)

Rollups vs. Sidechains (00:30:12)

Monero and Litecoin as Non-Scams (00:31:57)

Scaling Challenges in Bitcoin (00:36:10)

Economic Perspective on Bitcoin Spam (00:37:43)

The Future of Bitcoin Fees (00:39:01)

Tail Mission Concept (00:40:05)

Bitcoin's 21 Million Cap (00:40:41)

Bitcoin Cash Block Size Discussion (00:41:34)

Technological Improvements Impact (00:42:35)

Node Running Costs (00:43:17)

Benchmarking Bitcoin Nodes (00:44:37)

Zero Knowledge Proofs for Wallets (00:45:47)

Bitcoin Maximalism and Rhetoric (00:47:29)

Research on Mempool Data (00:49:10)

Self-Custody Consulting Services (00:50:18)

Favorite Hardware Wallets (00:51:26)

ColdCard Controversy (00:53:16)

Quantum Computing Threat (00:55:51)

The Ethereum DAO Moment (00:58:17)

Inevitable Hard Forks (00:58:23)

Ossification and Authority (00:58:49)

Node Upgrade Lag (00:59:26)

Future Hard Fork Feasibility (01:00:19)

Finding Excitement in Bitcoin (01:00:31)

The recent ColliderScript research paper is a game changer: it enables Bitcoin covenants at a high cost, but without requiring any soft fork. It's the most remarkable breakthrough since BitVM and co-author Avihu M. Levy is here to explain how it works!

Time stamps:

Introduction (00:00:45)

Avihu M. Levy's Background in Bitcoin (00:02:25)

Covenants in Bitcoin (00:03:43)

Impact of Taproot Upgrade (00:06:07)

Research Renaissance in Bitcoin (00:08:42)

Debate on Taproot's Impact (00:09:18)

ColliderScript Paper Overview (00:12:21)

Covenants and Script Limitations (00:14:09)

Bridging Script Worlds (00:16:11)

Importance of Covenants (00:17:34)

Covenants and Scaling (00:22:23)

Community Sentiment on Covenants (00:23:45)

Research and Development for Covenants (00:25:07)

Concerns About Covenants (00:25:48)

Predicting the Impact of Taproot (00:26:26)

Funding for Covenant Research (00:28:42)

ColliderScript Overview (00:29:44)

Background on ColliderScript Development (00:30:30)

Future Improvements for Collider Script (00:33:21)

Motivation Behind Collider Script (00:36:18)

Community Demand for Simplified Solutions (00:39:07)

Starkware's Goals and Community Perception (00:40:27)

Avihu's Bitcoin Journey (00:40:33)

Technological Readiness (00:41:43)

Bitcoin vs Ethereum (00:42:01)

Importance of STARKs (00:42:45)

Closing Remarks (00:43:27)

Time stamps:

Introducing David A. Johnston (00:00:51)

David's Bitcoin Journey (00:02:34)

Bitcoin 2.0 Discussion (00:02:54)

Mastercoin and ICOs (00:05:31)

Community Reactions to Digital Assets (00:06:31)

Bitcoin's Ideological Divide (00:07:46)

The Bitcoin 2.0 Panel (00:09:00)

Emergence of Ethereum (00:09:30)

Irreconcilable Differences (00:10:08)

Freedom Maximalism (00:10:28)

Toxicity in the Community (00:11:14)

Collaboration in Early Bitcoin (00:12:20)

Censorship in Development (00:13:27)

Market Evolution and Bitcoin's Value (00:16:00)

Comparing Bitcoin 2.0 Projects (00:19:42)

Ethereum's Egalitarian Approach (00:20:24)

The Golden Trinity (00:22:04)

Vitalik's Vision for Ethereum (00:23:06)

Ethereum vs. Omni (00:24:02)

Vitalik's Bitcoin Roots (00:25:23)

Decentralized Exchanges (00:26:34)

Challenges of Omni Protocol (00:27:31)

Bridging Bitcoin and Ethereum (00:28:53)

Diversity in Blockchain Approaches (00:31:08)

Jeff Garzik's Contributions (00:32:09)

Scaling Bitcoin (00:34:43)

Interoperability of Networks (00:37:46)

Future of Scaling and Privacy (00:38:07)

Johnston's Law (00:39:13)

The Future of Decentralized AI (00:39:23)

User Experience and Adoption (00:40:32)

The Importance of Non-Custodial Solutions (00:41:37)

Open Source AI Progress (00:42:42)

Large Language Models and Smart Agents (00:43:38)

Emergence of Personal AI Tools (00:44:48)

Global Adoption of Open Source AI (00:45:56)

Political Attention on Bitcoin (00:46:56)

Bitcoin's Independence from the State (00:48:31)

Crypto Anarchism and Economic Principles (00:50:06)

Resurgence of Ron Paul’s Ideas (00:52:38)

Building Alternatives to the State (00:56:06)

The Income Tax and Centralization (00:57:19)

Reduction of State Competition (00:58:33)

Decentralized Federal System (00:59:45)

Prosperity and Stability (01:00:35)

Bitcoin as a Model (01:00:49)

Innovation in the U.S. (01:01:02)

Ethereum's Regulatory Clarity (01:02:02)

Capital Flow in Crypto (01:03:03)

Interviewing Erik Voorhees (01:03:27)

Block Size Wars Overview (01:06:34)

Ethereum's Emergence (01:08:58)

Scaling Proposals (01:10:09)

Political Polarization (01:10:28)

Forking and Community Separation (01:11:17)

Religious Context of Bitcoin (01:12:28)

Diplomatic Approach to Disagreements (01:13:40)

Bitcoin Cash and Core Developer Collaboration (01:14:41)

Starlink and Internet Access (01:16:09)

Decentralization and Ideological Divides (01:17:23)

Decentralization of Bitcoin Mining (01:18:28)

AI and Bitcoin Integration (01:19:25)

User Experience in Bitcoin Transactions (01:21:36)

AI as a Personal Assistant (01:22:46)

Smart Agents and Economic Actions (01:29:49)

Discoverability and User Intent (01:30:53)

Transaction Issues in Crypto (01:31:58)

Messaging with Zcash (01:33:03)

AI and Personal Efficiency (01:34:07)

Decentralized Intelligence (01:36:21)

Phil Zimmermann's Influence (01:37:34)

Skepticism Towards AI Surveillance (01:38:39)

Open Source AI Developments (01:40:52)

Decentralization in AI Hardware (01:44:32)

Chip Manufacturing Landscape (01:45:39)

Future of ASIC Production (01:48:16)

Techno Optimism and Decentralized Acceleration (01:50:40)

Future of Bitcoin (01:52:49)

Adoption in High Inflation Countries (01:56:26)

Mass Adoption Timeline (01:58:36)

Stablecoins vs Bitcoin (02:00:58)

First Steps to Bitcoin Adoption (02:02:09)

Retrospective on Omni and Ethereum (02:05:39)

The Importance of Private Keys (02:08:40)

Transitioning to Decentralized Systems (02:09:46)

The Origin of Counterparty and Omni (02:11:02)

Market Resilience and Early Projects (02:12:55)

Entrepreneurship and Experimentation (02:14:08)

Health and Personal Transformation (02:16:09)

Morpheus and Other Open Source Projects (02:17:14)

Time stamps:

Introduction (00:00:47)

David's Background and Media Interest (00:02:27)

Transition to Trump Support (00:03:37)

Historic Casascius Bitcoin Moment (00:04:36)

Conference Tensions (00:06:02)

Trump's Speech and Bitcoin (00:09:21)

Missed Opportunities with Elon (00:11:42)

Trump's Positive Reception (00:12:47)

Understanding the Bitcoin Transition Team (00:14:55)

Bitcoin as Real Estate (00:16:28)

Transition Team's Bitcoin Ownership (00:17:31)

Elon Musk's Influence on Bitcoin (00:19:16)

Mars and Bitcoin Transactions (00:21:00)

Mainstream Acceptance of Bitcoin (00:22:39)

Importance of Voting (00:24:59)

Potential Legislative Changes (00:26:09)

Regulatory Challenges for Crypto (00:27:19)

Business Case for Crypto Services (00:28:42)

The Political Reset (00:31:13)

Trump's Political Legacy (00:32:18)

Bitcoin's Political Opportunity (00:33:32)

Grassroots Support for Bitcoin (00:34:46)

Immediate Goals for the Bitcoin Community (00:36:11)

Bitcoin Education in Schools (00:37:29)

The Risks of Political Dependency (00:40:31)

Bitcoin's Apolitical Nature (00:41:29)

Empowering Individuals in Bitcoin Advocacy (00:45:06)

Celebrating Ross Ulbricht's Freedom (00:46:17)

Discussion on Commuting Sentences (00:47:33)

Snowden's Situation (00:48:42)

Silent Payments Feature (00:51:15)

Lightning Network Sentiment (00:53:04)

Privacy and Scalability Protocol (00:55:13)

Information Asymmetry in Bitcoin (00:56:54)

Self-Custody and Trump (00:59:04)

Bitcoin Made in the USA (01:01:09)

Geopolitical Competition in Mining (01:04:25)

The Importance of Hardware in Mining (01:05:43)

Tariffs and National Security (01:06:15)

Investment in Semiconductor Foundries (01:06:44)

Bitcoin's Cypherpunk Roots (01:07:39)

Driving Bitcoin Adoption (01:09:45)

Price Prediction Clarification (01:11:27)

Market Capitalization of Gold (01:12:44)

Current Bitcoin Demand Concerns (01:14:44)

Future of Bitcoin as Collateral (01:15:33)

Debate on Bitcoin's Monetary Policy (01:17:07)

Soft Forks and Economic Majority (01:18:59)

Dynamic Nature of Mining Profitability (01:19:57)

The Dynamics of Bitcoin (01:20:59)

Historical Context of Bitcoin (01:22:22)

Preserving Bitcoin's History (01:24:56)

Political Engagement and Bitcoin (01:25:47)

Impact of Political Choices on Bitcoin (01:30:25)

Bitcoin Policy Institute (01:35:17)

Selling Bitcoin Magazine? (01:36:51)

Self-Custody Concerns (01:38:13)

Puerto Rico as a Safe Haven (01:38:30)

Trump and the Deep State (01:39:15)

Trump's Business Perspective (01:40:15)

Upcoming Abu Dhabi Conference (01:41:32)

Nation-State Bitcoin Reserves (01:42:52)

Preparing for Trump's Election (01:44:10)

Call to Vote (01:44:33)

Final Thoughts Before Election Night (01:46:36)