BTC Sessions

On today’s show I talk with Mario Gibney, head of customer service at Blockstream and co-host of the Unhashed Podcast. We cover the ins and outs of Bitcoin miner fees, the future of block rewards, and ways users can save on fees through optimization and secondary layers. We also dive into the feasibility of interplanetary Bitcoin transactions.

Mario on twitter:

https://twitter.com/Mario_Gibney

Unhashed Podcast:

https://www.unhashedpodcast.com/

Mempool statistics:

https://jochen-hoenicke.de/queue/#0,1w

Fee data:

https://whatthefee.io/

Peter Todd’s mining in space talk:

https://www.youtube.com/watch?v=0WCaoGiAOHE

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/34FeT2f

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there (code “btcsessions” gets you 5% off)

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/34FeT2f

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

Bitcoin breaks $11K

https://www.coindesk.com/bitcoin-tops-11k-for-first-time-in-almost-3-weeks

Square invests $50M or 1% of assets into Bitcoin

https://decrypt.co/44319/square-invests-50-million-in-bitcoin

Publicly traded companies with Bitcoin on their balance sheets

https://bitcointreasuries.org/

Bitcoin hashrate and price charts on Glassnode

https://studio.glassnode.com/metrics?a=BTC&category=&m=mining.HashRateMean&mScl=lin&pScl=lin&resolution=1h

Riot Blockchain aims to quadruple hash power

https://www.coindesk.com/riot-buys-antminers-bitmain

BitMEX coins labelled “high risk” by Chainalysis

https://www.forbes.com/sites/billybambrough/2020/10/07/high-risk-warning-bitcoin-exchange-bitmex-is-in-even-worse-trouble-than-thought/#3ca4afe314b3

LND vulnerability disclosed, upgrade to 0.11 and higher

https://decrypt.co/44439/a-version-of-bitcoins-lightning-has-unknown-vulnerability

Check out my interview with Anders:

https://www.youtube.com/watch?v=ivgFgq2No4g

Today I sat down with Anders AKA Danish Hodl: bitcoiner, YouTuber and #2 copied Etoro trader in the US. We discussed Bitcoin’s halving cycle, the psychology around its price movements, and Anders’ strategies in trying to grow his stack while acknowledging the inherent risks of trading a finite asset like BTC.

Anders' eToro profile, where you can copy his trading on auto-pilot if in US: https://etoro.com/people/anders_

Anders' YouTube: https://youtube.com/user/kargaard

Anders' Twitter: https://twitter.com/Anders_

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/33DJkGD

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

Knut Svanholm is the author of Bitcoin: Sovereignty Through Mathematics and Independence Reimagined. You can find him on twitter here:

https://twitter.com/knutsvanholm

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/3cWJQ5M

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Looking for an audio-only version of the show?

https://anchor.fm/btcsessions

Join my Telegram channel!

https://t.me/btc_sessions

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/3cWJQ5M

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

BitMEX charged by SEC/DOJ

https://bravenewcoin.com/insights/bitmex-founder-arrested-for-violation-of-us-money-laundering-laws

https://decrypt.co/43787/420-million-bitcoin-flees-bitmex-federal-charges

https://cointelegraph.com/news/bitmex-denies-cftc-and-doj-allegations-says-trading-will-continue

KIK token was illegal security

https://www.coindesk.com/kik-sec-ruling

Coinbase says it’s not political, Jack Dorsey claps back

https://blog.coinbase.com/coinbase-is-a-mission-focused-company-af882df8804

https://www.coindesk.com/twitters-dorsey-calls-out-coinbase-ceo-for-ignoring-users-societal-issues

Coinbase to give UK tax records

https://www.coindesk.com/twitters-dorsey-calls-out-coinbase-ceo-for-ignoring-users-societal-issues

ECB leans towards Euro coin

https://decrypt.co/43665/ecb-says-it-must-be-prepared-to-issue-digital-euro-2

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/3ldY5WP

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

Bitcoin above $10,000 for a record number of days

https://decrypt.co/43234/bitcoin-stays-above-10000-for-longest-time-in-history

18.5 of 21 million BTC have now been mined

https://decrypt.co/43106/the-18-5-millionth-bitcoin-has-now-been-mined

Grayscale owns 2.5% of all BTC

https://decrypt.co/43089/grayscale-adds-186-million-of-bitcoin-to-its-reserves

TikTok star with 25 million followers starts investing podcast with Pomp, eyes Bitcoin

https://cointelegraph.com/news/no-coiner-tiktok-star-launches-finance-podcast-with-bitcoin-bull-pomp

Bitcoin awareness game – BTC street art and stickers around the globe

https://decrypt.co/43135/the-bitcoin-awareness-game-spreading-the-word-about-btc

Bitcoin continues to court the fossil fuel industry

https://newmoneyreview.com/index.php/2020/09/03/big-oil-goes-for-bitcoin/

KuCoin hacked for $200M, but 65% of funds able to be frozen by protocols

https://decrypt.co/43066/130-million-of-kucoin-hackers-haul-to-be-frozen-by-crypto-projects

Thanks to Satoshi Corner for my awesome shirt!

https://satoshicorner.com/

For this conversation I sat down with Tony Cai from Atomic Finance to discuss his transition from Ethereum to Bitcoin maximalist, the craziness and unsustainability of DeFi, whether or not NFTs make sense, and much more.

Follow Tony and Atomic Finance on twitter:

https://twitter.com/TonyCai_

https://twitter.com/AtomicFinance

My article on Bitcoin maximalism:

https://medium.com/bull-bitcoin/my-path-to-bitcoin-maximalism-c77c53466cb5

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/2S1Sk1L

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/2S1Sk1L

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

Largest coordinated Bitcoin audit ever

https://www.btctimes.com/news/bitcoin-supply-to-see-synchronized-audit

Bitcoin entering early Bull stage according to analysis

https://www.btctimes.com/news/technical-and-fundamental-evidence-hint-bitcoin-is-at-early-bull-stage

Bitcoin decouples gold after 3 year bear market

https://cointelegraph.com/news/decoupling-bitcoin-vs-gold-ratio-snaps-out-of-3-year-bear-market

Russia threatens jail time for unreported BTC revenue

https://cointelegraph.com/news/russian-ministry-proposes-criminal-charges-for-failure-to-report-crypto-tax

Israel could nix Bitcoin capital gains tax

https://www.coindesk.com/israel-bitcoin-tax

SEC Commissioner wants Bitcoin ETF Approval

https://cointelegraph.com/news/commissioner-peirce-wants-to-see-the-sec-approve-a-bitcoin-etf

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/331oLDX

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

Venezuela to seize means of production with Bitcoin miners

https://decrypt.co/42717/venezuelan-authorities-to-govern-all-bitcoin-mining-by-decree

Institutional investors expect more Bitcoin allocation

https://decrypt.co/42464/institutional-investors-buy-more-bitcoin-survey

Bloomberg intelligence analyst: in a world of QE, Bitcoin is a standout asset

https://decrypt.co/42610/bloomberg-intelligence-analyst-calls-bitcoin-a-standout-asset

Report shows higher percentage of financially illiterate people own “crypto” than those well versed in finance

https://cointelegraph.com/news/are-we-dumb-financial-illiterates-twice-as-likely-to-own-crypto

Bermuda Bitcoin ETF launches

https://decrypt.co/42675/bitcoin-etf-finally-launches-bermuda

3iQ Bitcoin Fund

https://3iq.ca/the-bitcoin-fund/

ECB doesn’t like stablecoins

https://decrypt.co/42659/stablecoins-like-tether-are-confusing-says-european-central-bank

Lightning network vulnerability

https://cointelegraph.com/news/developer-reveals-biggest-unsolvable-lightning-attack-vector

SUPPORT THE SHOW:

LEDN offers Bitcoin backed loans – Sign up and get $50 free

https://bit.ly/32QSFdH

Get Wasabi wallet and enjoy your Bitcoin privacy

https://wasabiwallet.io/

Buy a Cobo Vault to secure your Bitcoin!

https://bit.ly/2GgMFlH

Cobo Vault Tutorial:

https://www.youtube.com/watch?v=JnRjvZKulrA

Crypto Cloaks: Get the BEST Bitcoin swag out there

https://www.cryptocloaks.com/shop/

If you value my work and would like to send me a tip, they are always appreciated!

LIGHTNING tips:

https://tippin.me/@BTCsessions

Join my Telegram channel!

https://t.me/btc_sessions

SHOW RESOURCES:

Bitcoin price dump: minor pullback or more pain to come?

https://www.coindesk.com/bitcoin-ether-stock-markets-sink

Miner selling can’t stop the bull run

https://cointelegraph.com/news/profit-taking-bitcoin-miners-wont-stop-the-next-bull-run-on-chain-analyst

Average BTC transaction hits $129K

https://decrypt.co/42400/bitcoins-average-transaction-value-returns-to-2017-levels

Microstrategy CEO Michael Saylor jumps on the maximalist train

https://cointelegraph.com/news/microstrategy-ceo-seems-to-embrace-bitcoin-maximalism

Bitcoin dominance website

https://bitcoindominance.com/

Unchained Capital serves companies looking to save Bitcoin as reserve asset

https://www.coindesk.com/bitcoin-business-accounts-unchained-capital

FinCEN files show banks launder $2 TRILLION DOLLARS

https://decrypt.co/42448/fincen-files-secret-documents-detail-failures-of-global-banking-industry

New drop of Citadel21

https://www.citadel21.com/