This week I dive into the misconceptions of "Bitcoin is only for the rich" or "Bitcoin is for the middle class". Bitcoin is for everyone - even with the current constraints. Let's discuss!!

February 4, 2024: $42,030

Block Height at Time of Recording

827,896

News and Links

Bitcoin Mining Regulation
Argentina Bitcoin Regulation Stopped
Argentina Removes Taxes on Bitcoin

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

"I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t stop."

F. Hayek

Bitcoin is the completion of Hayek vision. It's possible with worldwide adoption of Bitcoin that we can have signifcant separation of State and Money. If the State isn't printing fiat money I see three aspects of monetary policy improving over time. Let's discuss!

Bitcoin Weekly Close Price

January 28, 2024: $42,030

Block Height at Time of Recording

827,896

News and Links

https://bjwa.brown.edu/29-2/a-wall-of-separation-between-money-and-state-policy-and-philosophy-for-the-era-of-cryptocurrency/

https://www.coindesk.com/consensus-magazine/2023/07/27/cbdcs-wrongfully-break-down-the-separation-between-money-and-state/

https://medium.com/the-bitcoin-times/the-separation-of-money-and-state-eecedcfe8d69

https://watcher.guru/news/us-government-to-sell-130m-worth-of-bitcoin-from-silk-road

https://en.wikipedia.org/wiki/Richard_Cantillon

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

Many people will tell you Bitcoin is "too volatile". After fifteen years and with major Wall Street adoption it's time to revisit this idea. Let's discuss!

Bitcoin Weekly Close Price

January 21, 2024: $41,553

Block Height at Time of Recording

826,772

News and Links

The Bitcoin Handbook

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week we take a look at the toolset I'm building for my new desktop computer and how that will help me become more self-sovereign. These freedom tools are indispensable. One of the projects I'm working on is to make these toolsets available more widely. 

January 14, 2024: $41,572

Block Height at Time of Recording

826,454

News and Links

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

This week's episode wraps up our privacy discussion. We discuss the common components of privacy and wrap things up by walking through a solid privacy-based toolchain for secure storage of your Bitcoin.

News and Links

Samourai Wallet

Sparrow Wallet

JoinMarket
DMX Decentralized Mixer 

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

Our privacy discussion continues with talk of two fundamental methods of achieving privacy on the Bitcoin chain. This will help to give you the needed information to make choices about how you will achieve online privacy. 

Bitcoin Price

$46,611

Block height at time of recording

825,353

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

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!

This week we begin a discussion of privacy principles and how they are implemented in Bitcoin. As government overreach becomes more common and the ability to gather vast amounts of data about everyone becomes easier and more cost effective the right to financial privacy becomes ever more important. Join us as we tackle this thorny issue!

Bitcoin Weekly Closing Price

$43,948.71

Block height at time of recording

824,805

News and Links

VanEck to Support Bitcoin Core Developers

Paperwork Complete for Bitcoin Spot ETFs 

Bitmain is Mining Bitcoin!!!

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

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!

Welcome to the first episode of Satoshi’s Plebs! This week, we wrap up the year with a look at what happened in 2023 as well as a look forward to what we can expect in 2024 in both Bitcoin and the finance/economy in general.

Block height at time of recording

823,771

Bitcoin Price at time of recording

$42,629

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

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!

Today we talk about the US Treasury and their desire (and proposal) to regulate cryptocurrencies. Also, this episode marks the last episode of Generation Bitcoin and I reveal the new name of the podcast as we move forward into 2024. Merry Christmas, Happy Holidays and Happy New Year!

BTC price at weekly close: $37,739

Block height at time of recording: 819,165

News and Links

https://subscriber.politicopro.com/article/2023/11/treasury-presses-congress-for-new-power-in-crypto-crackdown-00128907

https://www.coindesk.com/policy/2023/11/29/us-treasury-campaigning-for-amplified-powers-to-chase-crypto-overseas/

https://d-central.tech/braiins-pools-transition-to-fpps-a-new-chapter-in-bitcoin-mining/

https://www.theblock.co/post/265120/jack-dorsey-seed-round-decentralized-bitcoin-mining-pool-ocean

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

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!

This week we cover a variety of topics including the largest transaction fee ever for a Bitcoin Block (85.2163  BTC!!!!), the continued pain in the Bitcoin mining industry caused by the race to 500 EH, Milei's plans to shutter the Argentine Central Bank and my extensive plans for December's hiatus. 

BTC price at weekly close: $37,454

Block height at time of recording: 818,653

News and Notes

Block 818087 Transaction Fee Largest Ever

Six Straight Upward Difficulty Adjustments to New All Time High

Argentina Central Bank Shutdown "Non Negotiable"

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license

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!