Supply Shock

What's the Problem With Bitcoin? | James O’Beirne


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In this episode, James O'Beirne joins the show to discuss the core theoretical and developer problems Bitcoin needs to address, the evolving vision for Bitcoin, and how the modern day crypto ecosystem grew from Bitcoin limitations and experimentation. We also delve into the leadership problem in Bitcoin, the hostile approach to Bitcoin developers and upgrades, and more. Enjoy!

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Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.

Timestamps:

(00:00) Introduction

(01:32) Inside Bitcoin Development

(06:39) Evolution of Bitcoin Development

(11:41) Bitcoin Problem Solving

(17:54) Ads (Core, Ledger)

(19:08) Bitcoin Problem Solving

(24:41) The Evolving Vision for Bitcoin

(30:51) Bitcoin Experimentation & the Crypto Ecosystem

(40:09) Ads (Core, Ledger)

(41:30) Bitcoin Leadership Problem

(47:25) Attack Against Developers

(53:06) Embracing Bitcoin’s Core Purpose

(58:24) OP_CAT & CTV/CSFS

(01:03:34) Revisiting Bitcoin Block Size

(01:08:15) How to Measure Bitcoin Success

(01:12:35) Bitcoin Security

(01:13:57) The Problem with the Problems

(01:19:38) Join Us At Permissionless

Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.


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