Lyn Alden, macro analyst rejoins me on the show to talk about her new book, Broken Money. We discuss Lyn’s thoughts on:

 Ledger money and who controls it
 Different theories of money
 Speed of transaction vs. settlement
 Warfare funding under fiat
 Base money and Broad money
 GFC and the response to it
 Fiat standard incentives
 What kind of debt makes sense under a Bitcoin standard

Links:

  X: @LynAldenContact 
  Site: LynAlden.com
  Book: Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better 

Sponsors:

  Swan.com (code LIVERA)
  CoinKite.com (code LIVERA)
  Mempool.space

Stephan Livera links:

  Follow me on X @stephanlivera
  Subscribe to the podcast




Broken Money with Lyn Alden (SLP518)

Join Stephan as he interviews the sharpest economic and technical minds in Bitcoin &amp; Austrian Economics to help you understand how money is changing and evolving. Leading names in the world of Bitcoin join the show to share their insights, whether they are developers, CEOs, economists, authors, analysts and more.

Technology

Tech News

Podcasting

Gadgets

Software How-To


A lot of people talk about Bitcoin Ossification. Today Steve Lee, Lead @ Spiral rejoins me to expand on why this is the wrong idea. We also talk about the recent situation with bitcoin mining  pool centralisation and what is driving it. 
Links:

 X: @moneyball 
 AJ Town’s ‘Slow and Steady’ post mentioned: 
 Earlier episode also mentioned: SLP433 : v2 P2P Transport Protocol for Bitcoin (BIP324) 

Sponsors:

 Swan.com (code LIVERA)
 CoinKite.com (code LIVERA)
 Mempool.space

Stephan Livera links:

  Follow me on X: @stephanlivera
  Subscribe to the podcast
  Subscribe to Substack




Why Bitcoin Should Not Ossify - Steve Lee SLP569

Jeff Booth, author, entrepreneur and founding partner of Ego Death Capital rejoins me on the show to talk about his bitcoin advocacy at various levels: 

 Speaking to politicians about bitcoin
 The system you give energy to
 “Staying and fighting” in Canada vs supporting alternatives e.g. Madeira
 ‘Coincidental’ attack on Bitcoin? 

Links:

  X: @JeffBooth
  nostr: npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
  Site: Ego Death Capital

Sponsors:

  Swan.com (code LIVERA)
  CoinKite.com (code LIVERA)
  Mempool.space
  Nomadcapitalist.com/live

Stephan Livera links:

  Follow me on X: @stephanlivera
  Subscribe to the podcast
  Subscribe to Substack


The System You Give Your Energy To - Jeff Booth SLP568

How do you think about investing as a bitcoiner? Preston Pysh of TIP rejoins me on the show to talk about a range of related ideas: 

 HODL vs invest in companies
 Microstrategy and other public companies
  VC and early stage investment
  Realistic investment hurdle rates
  Technical realities as bitcoin grows

Links:

  X: @PrestonPysh
  TIP: theinvestorspodcast.com
  nostr: npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

Sponsors:

  Swan.com (code LIVERA)
  CoinKite.com (code LIVERA)
  Mempool.space
  Nomadcapitalist.com/live

Stephan Livera links:

  Follow me on X: @stephanlivera
  Subscribe to the podcast
  Subscribe to Substack


Bitcoin and Investing with Preston Pysh SLP567

Dmitry Nedospasov is a PhD in Chip Security, also known for his hardware wallet exploits in 2018 with the wallet.fail talk. Dmitry joins me to talk about hardware security in the world of bitcoin and how it compares with hardware chip security in other domains. We discuss:

 The 2018 wallet.fail talk
 Bitcoin compared with other industries
  Realistic hardware wallet attack types
  The cost of attacking a hardware device
  Backups and Shamir’s Secret Sharing

Links:

  X: @nedos
  LinkedIn: Dmitry Nedospasov
  Site: Keylabs.io 
  Telegram: https://t.me/nedos
  wallet.fail talk: https://www.youtube.com/watch?v=Y1OBIGslgGM
  Recoverylabs.io

Sponsors:

  Swan.com (code LIVERA)
  CoinKite.com (code LIVERA)
  Mempool.space

Stephan Livera links:

  Follow me on X: @stephanlivera
  Subscribe to the podcast
  Subscribe to Substack



The cost to hack bitcoin hardware wallets with Dmitry Nedospasov SLP566


Steve Lee and Matt Corallo of Spiral rejoin me on the show to talk about a range of topics. Firstly we discuss the Great Consensus Clean Up which relates to fixing some long standing bugs in Bitcoin. Secondly we talk about MEV and why it’s the wrong term, instead we should be talking about MEVil and the implications for Bitcoin miner centralisation. Finally we address the rumours of Lightning Network being dead or not useful. 
Links: 

 X: @moneyball
 X: @TheBlueMatt 
  BlueMatt's Blog: Stop Calling It MEV
  BIP Proposal: The Great Consensus Cleanup
  Delving post on Great Consensus Clean up Revival
  Steve’s X thread on GCC: https://twitter.com/moneyball/status/1760839436617875485

Sponsors:

  Swan.com (code LIVERA)
  CoinKite.com (code LIVERA)
  Mempool.space

Stephan Livera links:

  Follow me on X: @stephanlivera
  Subscribe to the podcast
  Subscribe to Substack


Broken Money with Lyn Alden (SLP518)

Download our free app to listen on your phone