Value Stack: A Bitcoin Podcast

Hunter Beast is a freedom-lover and Rust developer focused on building with Bitcoin layers.

He's also Director of Engineering at DIBA, where they're building a marketplace for digital art on Bitcoin and Bitcoin only, but using the RGB Contracts Layer and BDK instead of Ordinals. He is also architecting a decentralized storage system called Carbonado to store content for DIBA's Unique Digital Assets that's trustless, paid in Lightning, and encrypts all data using Nostr keys.

In this episode, we talk about developing on bitcoin, why code and free speech are important, I, NFTS, and so many other topics. This is a bit more of a technical discussion than most episodes, so enjoy the banter and subscribe so you don't miss an episode!

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Follow Hunter on Twitter

Check out BitMask Wallet

Support the show here, or by listening to the podcast directly on Fountain app!

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Chapters

00:00:00 Intro

00:01:00 Bitcoin origin story

00:05:10 Selling vs spending bitcoin

00:07:10 DDOS attacks

00:07:50 Political views on career & money

00:09:10 Risk taking vs risk aversion

00:10:15 Information asymmetry in programming

00:14:23 The best way to learn anything

00:17:00 On AI replacing traditional education; hands-on learning vs memorization

00:18:47 Extracurricular activity

00:23:00 Why free speech matters

00:28:50 Why Rust programming language?

00:30:27 Evils of inefficient web technologies

00:32:00 Ordinals (Index) vs RGB

00:39:00 Bitmask wallet

00:48:10 RGB vs Ordinals from end-user standpoint

00:54:00 Don't shitcoin - it's bad for you

01:00:04 Human species' trajectory

01:03:40 Economics of energy

01:08:00 Bitcoin includes everything

01:19:18 Carbonado

01:28:53 Saifedean Ammous will get you fired

01:35:27 Bitcoin is good for your health

01:40:45 Outro

Jack Sweeney is a Gen Z YouTuber turned passionate Bitcoin advocate. He currently writes about the lightning network for LN Capital and produces content under @jacksweeney.

In Value Stack 37, we discuss how Jack found Bitcoin, the existential meaning about being a millenial and gen Z in today's economy, being content creators online, and more.

This is an esoteric episode so sit back with an open mind and enjoy!

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Chapters

00:00 Intro

01:38 Bitcoin Origin story

08:45 Big difference of bitcoin and altcoins?

10:00 Why NFTs have no inherent value

23:15 The root of the problem is the money is corrupted

25:25 Betting on bitcoin success vs fiat collapse

27:00 Finding meaning in the world and purpose

29:25 Effects of money printing on socioeconomics

32:50 Short-term bias - high vs. low time preference thinking

36:00 Becoming a radical

37:30 Thinking of Bitcoin as a unit of account

38:55 Money is at the base layer of society and interaction

40:26 What wealth affords

41:40 In it for the “I told ya so’s”

45:00 Bitcoin is a movement, and a savings tool - not an investment

48:10 Seeing the truth of what's in front of you

50:30 Whether or not to disclose on a date that you’re a bitcoiner

58:00 Incentivizing content creators through NOSTR Zaps

59:50 Personality traits that are common among bitcoiners

1:04:20 How fiat destroys most purchasing power in under a decade

1:08:00 How to grow a YouTube channel

1:17:00 Will fiat and bitcoin coexist?

1:19:46 What has more supply: Shiba Inu Coin or the US Dollar?

1:26:45 Just wait for bitcoin (math) to do its thing and chill!

1:30:00 Sats - a bitcoin "penny", 10 bitcoin is a billionaire - Bitcoin units

1:37:10 Outro

CryptoCloaks Rick is a small business owner, and regular dude building and 3D Printing for the bitcoin community. His team and print shop, CryptoCloaks, is the go-to for unique Bitcoin products and all 3D-printed-to-order and custom parts.

This one is a long one - 2 hours of wide-ranging topics - from turkey factories, to running an online shipping business, designing 3d printing bitcoin space heaters, moving out the cities, bitcoin & lightning network tech, privacy, fiat lifestyle, and more.

Rick and I had a great time recording this one - check out CryptoCloaks and all the awesome custom merch they're printing out of the shop. Check out the chapters below!

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Visit the CryptoCloaks online shopFollow CryptoCloaks on Twitter3D Printers GoBRRRSupport the show here, or by listening to the podcast directly on Fountain app!

Topics

00:00 Intro

4:37 Business ebbs and flows based on BTC price

10:15 Bitcoin doesn't actually exist

13:20 3D basics

17:20 Where to start 3D printing?

21:30 Fusion 360- CAD Design Software for 3D Modeling

22:44 Jennie-O Turkeys - Designing better killing machines 😬

27:20 Disconnecting from tech & getting in nature

35:00 Why Bitcoin Twitter is waste of time

41:10 Why Bitcoin isn’t discussed as much on Value Stack

45:10 The File Factory - The decision to open-source files to the 3D Printer community

48:40 The Legendary CryptoCloaks spouse-proof S9 Space Heater

57:56 The Best Idea Ever for guerilla marketing publicity (hat will soon be stolen)

1:05:00 Expanding and Marketing CryptoCloaks

1:10:45 Upgrading the Print Shop & Big Bobby - The Mega 3d Printer

1:12:45 Rise of popularity in self-hosting tools

1:16:25 Is 3D printing safe? Assessing print and filament quality

1:19:14 Purchasing land & creating the retirement life you want for later

1:21:55 Importance of loving what you do - time vs money

1:30:30 Minnesota & Midwest life

1:32:45 Record snow & skiing in 2023 for Colorado

1:35:30 NOLA weather

1:38:00 Outdoor recreation in Colorado

1:40:10 Self-defense laws

1:43:00 The impossible task of trying to keep pace with @BTCSessions , the machine

1:46;00 Bitcoin and Lightning Tutorial Videos on this channel

1:50:00 Crowdfunding Big Bobby and 3d-printed pins

1:54:45 Outro

Ben Justman is a small business owner, winemaker and Bitcoiner in Western Colorado. His winery, Peony Lane, is a Natural Winery in the highest wine region in North America and specializes in Pinot Noir. He uses his background as a farmer, business owner and Bitcoiner to educate his communities about sound money and the importance of supporting local food systems.

In Value Stack 35, we discuss growing up in Colorado and the process of making natural wine - from the soil composition, planning and time involved, to marketing and finding a niche market in selling to bitcoiners!

We hash out what it's like being a millennial in 2023, and how difficult it can be to explain or understand how money, the economy, or bitcoin works - especially to peers. We wrap talking about how cities and rural living often comes with different worldviews, the nature of risk-taking in life, and how to develop resolve and conviction in your own ideas.

This was a really genuine conversation that I thoroughly enjoyed. I hope you do too, and please consider supporting Ben's small business vineyard in the links below!

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

00:00 Intro - Bitcoiners and virtuous ways of living

09:05 Difficulties of teaching people about how money and bitcoin works

17:35 Soil & natural wine-making in rural Colorado - Peony Lane Wine

36:30 Advantages and challenges of running a “bitcoin business”

55:00 Being a “millennial” in America today and reflecting on life goals

1:06:18 Low-time preference and marketing to bitcoiners

1:14:45 Wine, alcohol, and its place in social culture

1:23:00 Risk-taking

1:26:02 Moving bitcoin privately / UTXO selection

1:28:00 Comparing worldviews of rural vs city life

1:33:20 Passionate work, low-time-preference mentality, and “fiat” lifestyle

1:38:58 Experiences using bitcoin as medium of exchange

1:48:25 Trusting your own conviction vs listening to experts

1:55:04 Outro

Jack Liu is a founding member of Ordswap and has been working in the Bitcoin industry for the past decade in various capacities.

In Value Stack 34, we discuss Ordswap.io, the first trustless bitcoin ordinal/inscriptions exchange, and how his team had to build a working product in under a week!

We also review how ordinals and trustless PSBT exchanges work, and speculate on what the future implications might be for inscriptions and NFTs as a trojan horse for bitcoin adoption.

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

0:00 Intro

0:35 Building the world's first bitcoin ordinal exchange in 72 hours

6:54 Why should bitcoiners care about ordinals?

14:48 Ordswap.io, trustless PSBT exchanges, how to use ordinals

26:20 Early ordinal collections rarity / history

34:30 Bitcoin consensus and inscriptions/nfts

39:05 Ordinals as a trojan horse for bitcoin adoption

55:40 Staying power of NFTs/inscriptions on bitcoin

1:05:25 Outro

Charlie Spears is a recurring guest on Value Stack podcast, is the community manager for the Ordinals Project, and has been building OrdinalHub.com

In Value Stack Episode 33, Charlie joined me while in town for ETHDenver to discuss the Ordinals and NFT inscription craze on bitcoin, and why bitcoiners should pay attention to what is developing in that space. We talk about why there are differing stance of opinion on this new "shared-delusion," particularly bitcoin miners, what's at stake, and if it's ultimately good for bitcoin or not. Check out the show notes below.

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

0:00 Intro

03:09 Promoting Ordinals Project at ETH Denver

13:29 Why should bitcoiners care about ordinals?

33:16 Bitcoin Mining and Inscriptions

58:03 Will inscriptions affect bitcoin's game theory?

Colin Crossman has been a serial entrepreneur for over 20 years. He has a background in law and engineering, and in addition to devising the KYC-minimized aspects of Distributed Hash, he has built out the entire IT infrastructure for Distributed Hash, including building several custom tools to ease management and collect detailed mining data. He and his wife work together to collect and analyze ASIC data to generate actionable insights both for individual customers, and the community at large.

In Value Stack Episode 32, we start by discussing common pitfalls in human decision making, and the importance of the work done behind the scenes. We review Distributed Hash and bitcoin mining, and riff on why bitcoin is different, and what governments are trying to do about it. Check out the show notes below.

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

0:00 Intro

1:16 Figuring out bitcoin

9:14 Why are humans so bad at investing?

13:53 Importance of supply chain in food

34:16 Distributed Hash - privacy-focused ASIC hosting

1:01:19 Technology and scams

1:14 Importance of bitcoin self-custody

1:30:36 Comparing bitcoin and fiat currency

1:45:49 Wyoming & bitcoin legislation

1:54:19 Outro

CalleBTC is a lightning network developer and creator of Cashu protocol, which is an implementation of Chaumian mints on bitcoin lightning network.

In Value Stack Ep 31, we discuss how it works and differs from bitcoin on-chain and the lightning network, compare to other implementations and existing custodial relationships, and even do a demo at the end to show how easy it is to get Cashu tokens.

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

0:00 Intro - @callebtc

0:50 How does Chaumian e-cash work?

7:41 How e-cash and Chaumian mints improve upon existing custodial relationships

12:39 Blind signature e-cash analogy

14:40 How e-cash scales bitcoin and improves privacy

22:00 E-cash mints and custodial trust

31:25 Cashu explained (e-cash for bitcoin)

42:20 Roadmap for 2023 - Cashu library and protocol development

51:32 Comparing Cashu and Fedimint - 2 Chaumian mint implementations on bitcoin

54:33 How to get Cashu tokens through lightning network

57:45 Bitcoin scaling narrative and altcoins

1:04:45 Cashu.me app demo

1:08:05 Outro

Don is a former tech entrepreneur turned bitcoin enthusiast and angel investor. He is passionate about educating people on the importance of bitcoin, its impact on society, and how it will shape the future.

As the founder of Sats Standard Capital, he invests in early-stage bitcoin and lightning network companies. He also hosts the Orange Pill Addicts and co-organizes the Kansas City Bitcoin Meetup with the KC Bitcoin Guys.

In this episode, we talk about investing in bitcoin startups, and why someone would want to invest in private companies instead of more traditional assets like publicly traded stocks, or bitcoin.

Given the high failure rate of most startups, Don offers some insights on red flags to look out for in investing in startups, like board seat representation, company structure, founder reputation, as well as some positive indicators - those that are usually good signs the founder and product are on the right track.

Thanks for listening!

Support the show here, or by listening to the podcast directly on Fountain app!

Topics

00:00:00 - Intro

00:01:03 - Starting Sats Standard Capital

00:03:21 - How to Invest in Bitcoin Companies as a VC

00:04:46 - Becoming a Bitcoin VC

00:06:28 - How being a previous founder helps with being a VC

00:07:31 - How startup board seats are chosen

00:08:34 - Diligence in crypto VC

00:11:50 - Why invest in private companies instead of stock market?

00:13:43 - How VCs can impact companies aside from funding

00:14:57 - Why invest in companies instead of bitcoin?

00:19:12 - How high failure rate in early stage leads to "spray and pray"

00:22:00 - Bitcoin vs Crypto VC

00:32:19 - Rise of layer-2 bitcoin and more

00:36:57 - Vida live - lightning network

00:38:22 - Unicorn signs of startups

00:40:39 - Red flags of startups

00:45:26 - Types of business structure

00:48:25 - Orange Pill Addicts Podcast

00:50:23 - 2022 Recap Episode

00:51:16 - Why interview-style format is enjoyable to film

00:52:50 - Lightning Network in 2022/2023

00:57:22 - Next halving cycle predictions

01:02:26 - Choosing what to invest in with limited capital

01:03:57 - When will people be spending and using bitcoin?

01:05:29 - How will bitcoin help our society evolve?

01:16:09 - Taking a long term perspective on bitcoin

01:23:58 - Kansas City Bitcoin Meetup

01:27:41 - Bitcoin Point of Sales

01:30:30 - Outro

Tatum TurnUp is the host of Between Two ASICs, a bitcoin comedy show. He also does other bitcoin-themed sketch-comedy on the channel, and works as an ASIC repair technician for his day-job to support his dream of becoming a big-time podcaster one day.

In this episode, we talk about a wide-range of topics, from what goes into planning content creation, living and driving in New Orleans, bitcoin mining and regulation, servicing ASICs, and more.

Check out the full show notes below.

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Support the Show

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0:00 Content creation & early YouTube days

10:00 Living in New Orleans & NOLA Bitcoin Meetup

15:00 Starting & Producing “Between Two ASICs”

35:30 Pan Wars - Cast Iron vs Stainless Steel

37:00 Challenges of learning to mine bitcoin

47:37 Teaching people about bitcoin

51:00 Starting & Producing “Between Two ASICs” pt 2

53:45 Fold app & Bitopoly

57:00 Bitcoin Orange-Pill moment & economy discussion

1:01:45 Why wear a bulletproof vest?

1:06:00 Bitcoin mining and electricity

1:07:20 Colorado voter ballot 2022

1:10:00 Regulation, nonprofits, and bitcoin

1:16:25 Celebrating the haters

1:18:38 Bitcoin life advice - get involved!

1:23:41 Outro