“It’s already the reserve currency of the internet which is a global phenomenon so it’s already the reserve currency of the digital world, so it’s already won, Bitcoin has won.”
— American HODL

Location: Remotely
Date: Thursday 6th August
Role: N/A, Angel Investor, Author & Entrepreneur

Most Bitcoiners are staunch believers in the technology's potential to facilitate a more honest, fair and prosperous future. 

Bitcoin emerged from the unifying values of crypto-liberty, but as its appeal grows, so does the diversity of the beliefs surrounding it. 

It wouldn't be possible or beneficial for Bitcoin's ideology to become homogenised, but certain values need to be upheld, and a balance must be found in rejecting bad ideas while welcoming new ones.

But if the ultimate goal is to bring Bitcoin to the entire world, how can a leaderless movement bring that to fruition?

In this interview, I talk to American HODL and Angel Investor and Author Jason Williams. We discuss the negatives of cancel culture, asset inflation, buying Lambos and how bitcoiners can manifest the future.

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet

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WBD388 - Show Notes

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If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

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Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Location: Remotely Date: Thursday 6th August Role: N/A, Angel Investor, Author & Entrepreneur

Most Bitcoiners are staunch believers in the technology's potential to facilitate a more honest, fair and prosperous future. 

Bitcoin emerged from the unifying values of crypto-liberty, but as its appeal grows, so does the diversity of the beliefs surrounding it. 

It wouldn't be possible or beneficial for Bitcoin's ideology to become homogenised, but certain values need to be upheld, and a balance must be found in rejecting bad ideas while welcoming new ones.

But if the ultimate goal is to bring Bitcoin to the entire world, how can a leaderless movement bring that to fruition?

In this interview, I talk to American HODL and Angel Investor and Author Jason Williams. We discuss the negatives of cancel culture, asset inflation, buying Lambos and how bitcoiners can manifest the future.

“Bitcoin hodlers across the world I think only number probably 100-200 million, which is awesome, that’s incredible that we’re in the hundreds of millions era of bitcoin hodlers, but I think the real game begins at a billion, and we’re getting close.”
— Dan Held

Location: Remotely
Date: Wednesday 4th August
Company: Kraken
Role: Growth Lead

El Salvador made history by becoming the first country to embrace Bitcoin as legal tender. This bold step to adopt Bitcoin empowers Salvadorians and utilises the network's powerful technology to build a better financial future for the country. 

While nation-states adopting Bitcoin has been talked about for a long time amongst bitcoiners, El Salvador found itself in a unique position. The country is a dollarised nation with an incredibly popular leader. As such, President Nayib Bukele passed the Bitcoin Law with ease, but the hard part is still to come.

On September 7th, all eyes will be on El Salvador. So will this bold move be a catalyst for prosperity? And will other nations follow suit?

In this interview, I talk to Dan Held, the Growth Lead at Kraken. We discuss hyperbitcoinisation, El Salvador adopting Bitcoin, living on a personal Bitcoin standard and the regulatory game theory of Bitcoin adoption. 

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet

-----

WBD387 - Show Notes

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Location: Remotely Date: Wednesday 4th August Company: Kraken Role: Growth Lead

El Salvador made history by becoming the first country to embrace Bitcoin as legal tender. This bold step to adopt Bitcoin empowers Salvadorians and utilises the network's powerful technology to build a better financial future for the country. 

While nation-states adopting Bitcoin has been talked about for a long time amongst bitcoiners, El Salvador found itself in a unique position. The country is a dollarised nation with an incredibly popular leader. As such, President Nayib Bukele passed the Bitcoin Law with ease, but the hard part is still to come.

On September 7th, all eyes will be on El Salvador. So will this bold move be a catalyst for prosperity? And will other nations follow suit?

In this interview, I talk to Dan Held, the Growth Lead at Kraken. We discuss hyperbitcoinisation, El Salvador adopting Bitcoin, living on a personal Bitcoin standard and the regulatory game theory of Bitcoin adoption. 

“If the game we’re playing is money, there is only one winner and the best form of money is that winner and that’s what bitcoin is… there’s no competition there.”
— Knut Svanholm

Location: Remotely
Date: Wednesday 4th August
Role: Author

Hyperbitcoinisation is a belief that the current fiat monetary system is broken and a change is inevitable. Eventually, the hardest form of money will rise to the top and society will then adopt a Bitcoin standard, with Bitcoin as the world's dominant form of money and the base asset of the entire financial system.

While to some this might sound extreme, in just 12 years, Bitcoin has become a $900bn asset class, and El Salvador has recently become the first country to adopt it as legal tender. Meanwhile, fiat currencies are being debased at an unprecedented rate, and higher levels of inflation are flashing warning signals.

So what does the road to hyperbitcoinisation look like? And how does it impact society?

In this interview, I talk to bitcoin author Knut Svanholm. We discuss the road to hyperbitcoinisation and its impact on society, whether everything other than Bitcoin is a scam and why bitcoin's value always grows.

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet

-----

WBD386 - Show Notes

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Location: Remotely Date: Wednesday 4th August Role: Author

Hyperbitcoinisation is a belief that the current fiat monetary system is broken and a change is inevitable. Eventually, the hardest form of money will rise to the top and society will then adopt a Bitcoin standard, with Bitcoin as the world's dominant form of money and the base asset of the entire financial system.

While to some this might sound extreme, in just 12 years, Bitcoin has become a $900bn asset class, and El Salvador has recently become the first country to adopt it as legal tender. Meanwhile, fiat currencies are being debased at an unprecedented rate, and higher levels of inflation are flashing warning signals.

So what does the road to hyperbitcoinisation look like? And how does it impact society?

In this interview, I talk to bitcoin author Knut Svanholm. We discuss the road to hyperbitcoinisation and its impact on society, whether everything other than Bitcoin is a scam and why bitcoin's value always grows.

“Because it is the best money and it’s so superior to fiat money, it’s so fucking dangerous to central bankers, and the elite and everyone in the system because this house of cards is on the verge of collapse. And then you have Bitcoin, which could eat it all.”
— Willem Middelkoop

Location: Remotely
Date: Friday 6th August
Company: Independent & Commodity Discovery Fund
Role: Bitcoin Quant Analyst & Chairman

In early 2019, PlanB released his now widely regarded Stock-to-Flow model (S2F). This model was built around the four-year halving cycle and is a way to track the scarcity of an asset. 

At current levels of issuance, Bitcoin has a stock-to-flow of 50, meaning it would take 50 years for miners to mine enough Bitcoin to match the current Bitcoin supply. When applied to non-digital assets such as gold and silver, stock-to-flow becomes a benchmarking tool. Gold, for example, has a stock to flow number of ~58, slightly higher than Bitcoin.

While the Stock-to-Flow model is an incredibly popular tool amongst bitcoiners, it is not without its critics, and with Bitcoin’s drop from ~$64k to ~$29k, the model is coming under increasing scrutiny.

So, is the model broken, or is Bitcoin still heading for $100k+ this year?

In this interview, I talk to Bitcoin Quant Analyst & creator of the popular Stock-to-Flow model, Plan₿ and investor, entrepreneur & publicist Willem Middelkoop. We discuss S2F, gold vs Bitcoin and whether we are heading to a big reset.

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet

-----

WBD385 - Show Notes

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Location: Remotely Date: Friday 6th August Company: Independent & Commodity Discovery Fund Role: Bitcoin Quant Analyst & Chairman

In early 2019, PlanB released his now widely regarded Stock-to-Flow model (S2F). This model was built around the four-year halving cycle and is a way to track the scarcity of an asset. 

At current levels of issuance, Bitcoin has a stock-to-flow of 50, meaning it would take 50 years for miners to mine enough Bitcoin to match the current Bitcoin supply. When applied to non-digital assets such as gold and silver, stock-to-flow becomes a benchmarking tool. Gold, for example, has a stock to flow number of ~58, slightly higher than Bitcoin.

While the Stock-to-Flow model is an incredibly popular tool amongst bitcoiners, it is not without its critics, and with Bitcoin’s drop from ~$64k to ~$29k, the model is coming under increasing scrutiny.

So, is the model broken, or is Bitcoin still heading for $100k+ this year?

In this interview, I talk to Bitcoin Quant Analyst & creator of the popular Stock-to-Flow model, Plan₿ and investor, entrepreneur & publicist Willem Middelkoop. We discuss S2F, gold vs Bitcoin and whether we are heading to a big reset.

“Long term, yes bitcoin’s price is moving, in general it’s moving up...the short term moves where sometimes it goes up 20% then down 20% the next week, that’s driven by the leverage I think more than anything.”
— Sam Trabucco

Location: Remotely
Date: Monday 9th August
Company: Alameda Research
Role: Co-CEO, Quant Trader

While the Bitcoin market has grown massively over the last few years, in comparison to traditional markets, it is still somewhat immature. 

With a large number of inexperienced retail participants and derivative platforms offering huge leverage, just one tweet from an eccentric billionaire or a significant piece of news can cause huge volatility and cascading liquidations.

These periods of high volatility are when most traders look to profit. However, a quantitative trader approaches the market a little differently. Quant traders rely on data, algorithms and bots to execute billions of dollars in daily trading at incredibly high frequency.

So how does quant trading work in the Bitcoin market, and what impact do they have on the price action?

In this interview, I talk to Sam Trabucco, Co-CEO and Quant Trader at Alameda Research. We discuss the role of a market maker, sentiment & momentum in Bitcoin and if there is too much leverage in the system.

This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet

-----

WBD384 - Show Notes

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Location: Remotely Date: Monday 9th August Company: Alameda Research Role: Co-CEO, Quant Trader

While the Bitcoin market has grown massively over the last few years, in comparison to traditional markets, it is still somewhat immature. 

With a large number of inexperienced retail participants and derivative platforms offering huge leverage, just one tweet from an eccentric billionaire or a significant piece of news can cause huge volatility and cascading liquidations.

These periods of high volatility are when most traders look to profit. However, a quantitative trader approaches the market a little differently. Quant traders rely on data, algorithms and bots to execute billions of dollars in daily trading at incredibly high frequency.

So how does quant trading work in the Bitcoin market, and what impact do they have on the price action?

In this interview, I talk to Sam Trabucco, Co-CEO and Quant Trader at Alameda Research. We discuss the role of a market maker, sentiment & momentum in Bitcoin and if there is too much leverage in the system.