This week Macintosh and Kenshin break down Bitcoin multisig: what it is, why it exists, and how it reduces single points of failure in self-custody. They walk through common setups (1-of-2, 2-of-2, 2-of-3, 3-of-5), why complexity is both a feature and a risk, and best practices like geographic distribution, avoiding single-vendor signer risk, and testing recovery before you commit meaningful funds.

The guys also touch on the rise of AI “agent” tooling (and why you should be careful with security/permissions), then close with market/news items including Helix mixer seizure headlines, state-level Bitcoin reserve chatter, current BTC price levels, and mining stats (difficulty adjustment / blocks behind).

Bitcoin Price at Time of Recording

Feb 3rd, 2026: $74,790 USD | 63,500 Euro

Block Height at Time of Recording

934,890

News and Resources

Bitcoin Wiki

https://en.wikipedia.org/wiki/Shamir’s_secret_sharing

https://seedhammer.com

Music Credits

Joe Martin

Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In Episode 242 of Satoshi’s Plebs, McIntosh and Kenshin talk through how Bitcoin serves the unbanked—people with little or no access to traditional banking due to geography, documentation, KYC/AML barriers, profit-driven gatekeeping, political targeting, and capital controls. They frame Bitcoin’s core advantage as permissionless access: it doesn’t care who you are or where you live—only whether you control your keys.

They keep it honest by covering the hurdles too: education, infrastructure, custody risks, and volatility. The episode closes with a dignity-focused point: giving someone in a remote village the ability to securely save and transact can change their long-term outlook and put them on a more level playing field globally.

Bitcoin Price at Time of Recording

Jan 28th, 2026: $88,981 USD | 74,466 Euro

Block Height at Time of Recording

934,115

Music Credits

Joe Martin - Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

Episode 241 is a “look back to look forward” kind of conversation: Kenshin and McIntosh talk through a rough week, the grind of finishing projects, and the mental toll of doom-and-gloom news cycles—then deliberately pivot to a more optimistic, long-term lens. McIntosh also shares early progress on a new open-source side project: a Nostr-powered, end-to-end encrypted “email-like” messaging concept that adds tiny Satoshi payments to discourage spam and compensate the servers relaying/storing messages.

From there, the episode zooms out into Bitcoin perspective. Using their own episode archive as a timeline, they revisit key moments from 2021–2022 to underline the core message: ignore the panic, keep a low time preference, and DCA—especially when sentiment is bleak. They close with the usual metrics (price, market caps, hash rate/difficulty notes, halving countdown), a listener boost, and a reminder to support the show via value-for-value and reviews.


Bitcoin Price at Time of Recording

Jan 20th, 2026: $89,800 USD | 76,500 Euro

Block Height at Time of Recording

933,128

Music Credits

Joe Martin  - Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

Episode 240 is a wide-ranging catch-up that turns into a love letter to “running Bitcoin.” McIntosh and Kenshin swap life updates (including Kenshin’s push to launch a new project and McIntosh’s experiments with ChatGPT/Codex), then McIntosh shares a big workflow win: an automated script that pulls episode data straight from the RSS feed to generate the show’s episode pages—turning a manual, repetitive task into a quick, repeatable process.

From there, the conversation pivots into Bitcoin history and self-sovereignty, using Hal Finney’s famous “Running Bitcoin” post as the jumping-off point. They break down why nodes matter, what it means to run one (including Bitcoin Core vs. Knots, Electrum indexing, and Tor vs. clearnet), and compare their own setups—StartOS, DIY server setups, and newer projects like Nirvati/Yantra. They close with news and notes on Europe’s push toward a digital euro and tightening “travel rule” compliance, plus examples of Bitcoin and decentralized communication tools being used amid censorship and unrest—reinforcing the episode’s core theme: running your own infrastructure is how you reclaim privacy, resilience, and freedom.

Bitcoin Price at Time of Recording

Dec 10th, 2025: $94,180 USD | 80,800 Euro

Block Height at Time of Recording

932,159

News and Resources

Nirvati

Nirvati Gitlab

Music Credits

Joe Martin

Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

McIntosh and Kenshin return after a two-week holiday break to discuss their predictions for 2026. They commemorate the 17th anniversary of Bitcoin's Genesis block (January 3, 2009) and discuss the upcoming anniversary of the first Bitcoin transaction to Hal Finney. Kenshin surprises by flipping bullish for 2026 despite his previous bearish stance, while both hosts share personal goals including potential career changes. They cover Bitcoin Core bugs, Ledger security breaches, and debate whether the four-year cycle pattern will finally break.

Bitcoin Price at Time of Recording

Jan 6th, 2025: $91,180 USD | 78,000 Euro

Block Height at Time of Recording

931,313

Music Credits

My Favorite Band - Racer Wide Number Two

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In this year-end review episode, we take an honest look at our 2025 predictions and how they held up against reality. Bitcoin started the year around $94k with high expectations, hit $122k in October, but closed near $87k - not quite the moonshot we anticipated. The institutional adoption we were excited about brought mixed results, with Wall Street playing their own games rather than simply pumping the price.
We reflect on what went right and wrong this year - from the disappointing lack of meaningful progress on the Strategic Bitcoin Reserve to the continued regulatory challenges in Europe. Despite missing our price targets, the fundamentals remain strong and adoption continues to grow.

Bitcoin Price at Time of Recording

Dec 23rd, 2025: $87,770 USD | 74,450 Euro

Block Height at Time of Recording

929,162

Music Credits

The Top Hats Orchestra - Nut Cracker Suite
The Top Hats Orchestra - Let It Snow 

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In this episode, Mcintosh and Kenshin discuss the IMF's influence over El Salvador's Bitcoin adoption, exploring how international financial institutions exert control over sovereign nations through monetary policy. The conversation expands to examine France's ongoing monetary colonialism in Africa through the CFA franc system, and how organizations like the IMF enable economic control over developing nations. The hosts also debate different forms of governance, from monarchies to democracies, and their long-term impacts on nations and families. Along the way, they cover personal updates including Kenshin's unexpected ban from Claude AI, mining developments in China, Japan's massive stimulus budget, and various Bitcoin ecosystem updates.

Bitcoin Price at Time of Recording

Dec 17th, 2025: $85,700 USD | 72,991 Euro

Block Height at Time of Recording

928,310

News and Resources

https://www.reuters.com/world/asia-pacific/japan-passes-118-billion-extra-budget-fund-its-biggest-post-covid-stimulus-2025-12-16/

https://www.cryptopolitan.com/china-btc-miners-shut-down-hashrate-amid-ccp-scrutiny/

Boss Challenge

Music Credits

The Top Hats Orchestra - Let It Snow
The Top Hats Orchestra - Hot Chocolate 

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In this episode, McIntosh and Kenshin react to the Federal Reserve's latest quarter-point rate cut and discuss its implications for Bitcoin. They explore the broader economic landscape, including concerns about AI's impact on employment and the economy, the potential for an AI bubble, and what various economic scenarios could mean for Bitcoin's future. The hosts also touch on the challenges of monetary policy, inflation targets, and housing markets in both the US and Sweden. They wrap up with updates on Bitcoin mining hardware, open-source development opportunities, and current market metrics.

Bitcoin Price at Time of Recording

Dec 10th, 2025: $92,860 USD | 79,500 Euro

Block Height at Time of Recording

927,308

News and Resources

https://www.businessinsider.com/yen-carry-trade-boj-japan-interest-rate-hike-stocks-bonds-2025-12

https://www.theblock.co/post/380466/texas-reportedly-kicks-off-state-bitcoin-reserve-5-million-ibit-purchase

https://www.theblock.co/post/380056/hoskinson-involves-fbi-after-developers-careless-experiment-splits-cardano-blockchain

https://finance.yahoo.com/news/us-fed-ends-qt-13-095949732.html


Music Credits

The Top Hats Orchestra - I've Got My Love To Keep Me Warm
The Top Hats Orchestra - A Charlie Brown Christmas

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

McIntosh and Kenshin explore the dangerous world of "fiat games" and their consequences across global markets. They discuss Cardano's spectacular collapse after an AI-assisted coding error split the blockchain, triggering FBI involvement, and celebrate Texas becoming the first US state to actually purchase Bitcoin with $5M in iBit ETF. The Federal Reserve's pivot back to quantitative easing with a liquidity injection draws parallels to COVID-era money printing that launched Bitcoin from $3,800 to $29,000. The Japan carry trade unwind takes center stage as rising interest rates force massive deleveraging, with Bitcoin serving as the "canary in coal mine" through overnight liquidations. The episode explores Austrian versus Keynesian economics and sobering statistics from https://wtfhappenedin1971.com showing how abandoning the gold standard distorted everything from housing affordability (average first-time buyer now age 40) to soup prices—proving that playing fiat games only wins you fiat prizes.

Bitcoin Price at Time of Recording

Dec 4th, 2025: $92,800 USD | 79,500 Euro

Block Height at Time of Recording

926,308

News and Resources

https://www.businessinsider.com/yen-carry-trade-boj-japan-interest-rate-hike-stocks-bonds-2025-12

https://www.theblock.co/post/380466/texas-reportedly-kicks-off-state-bitcoin-reserve-5-million-ibit-purchase

https://www.theblock.co/post/380056/hoskinson-involves-fbi-after-developers-careless-experiment-splits-cardano-blockchain

https://finance.yahoo.com/news/us-fed-ends-qt-13-095949732.html

1971 charts

https://wtfhappenedin1971.com/
 
Music Credits

My Favorite Band - Racer Wide Number Two

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In this Thanksgiving-themed episode, McIntosh and Kenshin discuss what they're thankful for regarding Bitcoin. They reflect on their gratitude lists from the previous year and share new perspectives, including appreciation for Bitcoin's educational value in economics, its ability to encourage long-term thinking, and the growing possibility of it becoming a neutral global reserve currency. They also discuss local Bitcoin meetups, recent market volatility showing over 8% of Bitcoin moving in the last seven days, and current price action following a significant draw down from October's all-time high. The hosts debate whether Bitcoin remains in a bull market or has entered a bear phase, with differing perspectives on what patterns suggest for the future.

Bitcoin Price at Time of Recording

Nov 25th, 2025: $86,800 USD | 74,900 Euro

Block Height at Time of Recording

925,159

Episode Page

https://satoshis-plebs.com/episode-234

Music Credits

Joe Martin
The Jetsons

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!