Bitcoin Takeover Podcast
Technology
Science
Vlad Costea
On the Bitcoin Takeover podcast you're going to hear the builders and innovators who make the Bitcoin project valuable. It's thanks to their work that the BTC price goes up, and it's their efforts that convince large investors that Bitcoin is the future of money. Here you will find the projects and ideas that will radically improve Bitcoin in the future, presented by the creators and innovators themselves. Time to learn!
S15 E13: Robin Linus on BitVM & Permissionless Bitcoin Development
Robin Linus revolutionized Bitcoin development in 2023 with BitVM: a virtual machine that can do off-chain computation for the purpose of enabling smart contracts. With it, Bitcoin can get trust minimized sidechains. But there are so many more uses cases!
01:24:0431/12/2023
S15 E12: Agustin Kassis & Mariano on La Crypta, La Wallet & Bitcoin in Argentina
Agustin Kassis & Mariano are Argentinian bitcoiners who work in a Fight Club-style house to build La Wallet: a Lightning wallet which is associated with a Nostr account and enables users to have both a payments card and a digital identity device.
01:07:1031/12/2023
S15 E11: Satoshi Sound on The Upcoming Bitcoin & Friends Cartoon Reboot
Bitcoin & Friends was a pretty popular original cartoon back in 2019 and 2020. On January 3rd 2024, thanks to some major breakthroughs in animation software, the series is getting a reboot which takes the story to a whole new level. Stay tuned!
01:22:5131/12/2023
S15 E10: Tuur Demeester on His Bitcoin Investment Thesis & The Supra Cycle
Tuur Demeester is a prominent Bitcoin investor who strongly believes in the power of Bitcoin-only companies. In this episode, he explains how and why he invests in Bitcoin projects, suggests when market tops are reached & comments on the Supra Cycle.
01:39:0631/12/2023
S15 E9: Kevin Loaec on Liana Wallet, Miniscript & Hardware Wallets
Kevin Loaec is the CEO of Wizardsardine – the Bitcoin company that builds Liana wallet, a powerful piece of software which optimizes for inheritance. In this episode, Kevin explains why miniscript matters & how he rates the most popular hardware wallets.
01:18:3231/12/2023
S15 E8: Ryan Condron on Bitcoin Mining, Hashrate Markets & Lumerin
Ryan Condron has been a Bitcoin miner for longer than a decade. He started out with a GPU rack, upgraded his rig to FPGAs, and then was one of the first people to run ASICs. Today, he aims to decentralize hashrate with Lumerin – a hashrate marketplace.
Ryan Condron has been mining Bitcoin for longer than a decade. In the beginning, he started out with a rack of video cards. Soon, he had to upgrade his hardware to include FPGAs. In less than a year, ASICs became a reality and every serious miner had to keep up.
In this episode, Ryan Condron talks about his personal experience with Bitcoin mining and also presents the research he's done on the subject of decentralizing hash rate. Since hardware distribution and ownership is difficult to change, he decided to create Lumerin: a marketplace for hash rate, where people can take control of ASIC miners by renting them. This way, they don't only collect the mining rewards (as was the case with many cloud mining services). They also make decisions on behalf of the mining hardware to suit their financial interests and/or ideological beliefs.
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Early Days of Bitcoin Mining (00:00:48) The conversation starts with the guest, Ryan Condron, discussing his early experience with Bitcoin mining in 2012 and the shift to mining altcoins.
Rise of ASICs and Pooled Mining (00:03:23) The discussion shifts to the emergence of ASICs and the transition from solo mining to pooled mining, highlighting the centralization risks associated with mining hardware.
Decentralization Challenges (00:05:34) The conversation delves into the challenges of maintaining decentralization in mining, the historical vision of mining, and the shift towards proof of stake in new projects.
Evolution of Mining Hardware (00:06:44) The evolution from CPU to GPU to FPGA mining is discussed, along with the implications for decentralization and the development of new algorithms to resist ASICs.
Efforts to Restore Satoshi's Vision (00:24:06) Ryan Condron introduces his paper on the decentralization of control and explores the challenges and solutions to restoring Satoshi's vision of decentralization in Bitcoin mining.
Decentralizing Mining Devices (00:26:41) Discussion on decentralizing mining devices by allowing them to be sold on a decentralized marketplace, enabling global control and democratization.
Decoupling Control and Ownership (00:27:52) Exploration of how separating control from ownership of mining devices can lead to more democratization in selecting mining pools and amassing hash power.
Decentralized Marketplace for Hash Power (00:33:24) Explanation of how smart contracts enable the decentralized buying and selling of hash power on a global marketplace, revolutionizing the concept of a global commodities market.
Lumerin Node Setup and Usage (00:34:53) Details on setting up and using the Lumen node for purchasing and streaming hash power, including considerations for device usage and availability.
Expanding the Marketplace and Future Possibilities (00:40:11) Exploration of the potential for the Lumerin marketplace to trade various data streams beyond hash power, and the future possibility of launching the same marketplace on Bitcoin.
Information and Personal Contact (00:41:02) Guidance on where to find more information about Lumen and how to follow the speaker personally.
41:3831/12/2023
S15 E7: Sergio Demian Lerner on Rootstock, Satoshi's Bitcoins, Drivechains via BitVM & Bitcoin Scaling
Sergio Demian Lerner has made a plethora of contributions to Bitcoin: from finding early security bugs, and all the way to designing & launching the first sidechain RSK. In this interview, he talks about his work & research – with a focus on the future.
57:2131/12/2023
S15 E6: John Light, Super Testnet & Alexei Zamyatin on Improving Bitcoin
John Light, Super Testnet and Alexei Zamyatin are part of the new generation of Bitcoin developers. They like zero knowledge proofs, they're opinionated when defending covenants & they are not afraid to look for breakthroughs beyond the Bitcoin research.
57:2130/12/2023
S15 E5: Edan Yago on Sovryn, Bitcoin DeFi & Challenging the Orthodoxy
Edan Yago talks about Sovryn: a financial application which allows users to take loans against their bitcoin. It's built on Rootstock (RSK, Bitcoin's first sidechain) and it conceptually goes against most mainstream narratives about what Bitcoin can do.
38:2030/12/2023
S15 E4: Alexis Roussel on Nym, Privacy & Suing the Swiss Financial Regulator
Alexis Roussel is a man of many talents, with plenty of accomplishments in his resume. But most notably, he is a bitcoiner who's working to build the Nym mixnet system and he's fighting for the rights of the individual in Switzerland.
01:51:2930/12/2023
S15 E3: Hernán Marino on Bitcoin in Argentina & Becoming a Bitcoin Core Developer
Hernán Marino is an Argentinian bitcoiner who recently started contributing to Bitcoin Core. In this episode, he talks about his views on Bitcoin maximalism, what it's like to be a bitcoiner in a hyperinflationary country, and his hopes for the future.
48:5530/12/2023
S15 E2: Sergi Delgado on Developing Bitcoin at Chaincode Labs
Sergi Delgado is an engineer at Chaincode Labs, whose specialization and previous academic research is in peer to peer (P2P) networks. In this episode, he talks about his views on existing proposals to improve Bitcoin.
In this podcast episode, Chaincode Labs engineer Sergi Delgado talks about Bitcoin development challenges, the Lightning network, and the importance of testing and security. Sergi talks about his lightning simulation software, SimLN, and its role in improving the lightning network's reliability. He addresses a recent LN vulnerability, the role of watchtowers, and the balance between decentralization, privacy, and user experience. The conversation also covers Bitcoin core development, skepticism towards altcoins and layer two solutions, and the complexities of protocol changes. Sergi emphasizes careful analysis when adding new features to Bitcoin and shares his positive experience working with the talented team at Chaincode Labs.
01:00:3930/12/2023
S15 E1: Max Hillebrand & Lando Rothbardian on Integrating ShopInBit's "Buy Anything" Into Wasabi Wallet
Wasabi Wallet now offers a "Buy Anything" button that lets you buy physical items with greater privacy?! How does that even work? ZK Snacks CEO Max Hillebrand & ShopInBit CEO Lando Rothbardian join the show to explain everything about this integration.
01:50:0630/12/2023
S14 E21: Rafael Cordon on How Bitcoin Saved the Elections in Guatemala with OpenTimeStamps
Bitcoin has recently fixed the presidential elections in Guatemala. How so? Rafael Cordon of Simple Proof is here to explain all about the power of OpenTimeStamps and how they can leverage the Bitcoin blockchain to prove that something really happened.
(00:01:12) Rafael Cordon discusses the use of Bitcoin in the Guatemalan elections to prevent fraud and uphold the integrity of digital information.
(00:03:39) Rafael explains the OpenTimeStamps protocol created by Peter Todd, which enables anyone to timestamp documents on the Bitcoin blockchain and store a hash using a Merkle tree.
(00:08:47) Rafael describes how Simple Proof integrates with the preliminary result transmission system in the Guatemalan elections to timestamp the vote tally sheets on the Bitcoin blockchain, providing a way to verify the authenticity of the documents.
(00:12:37) The discussion revolves around how Bitcoin can be used to prove the authenticity of voting information and debunk claims of tampering.
(00:14:00) The conversation focuses on the benefits of using timestamping in elections, including cost savings, transparency, and the ability to reorganize elections if needed.
(00:15:19) Rafael Cordon and Vlad discuss the potential applications of timestamping beyond elections, such as intellectual property, the justice system, and digital evidence.
(00:23:33) Rafael Cordon explains how governments initially resisted adopting Bitcoin and cloud technologies, but later realized the benefits of using them for unalterable information and data storage.
(00:24:55) Rafael Cordon suggests that using Bitcoin as a means to safeguard digital information can lead to a broader adoption of Bitcoin as a form of money.
(00:26:31) We debate the use of NFTs and open timestamps to prove the authenticity and provenance of digital assets, such as artwork, and the potential for tracking the number of creations by famous artists.
(00:35:36) Vlad and Rafael discuss the response from the Bitcoin community after an article was published detailing Bitcoin's role in the elections in Guatemala.
(00:37:19) Vlad and Rafael Cordon talk about Carlinho's vision of using Bitcoin to bring together Central American countries under a unified currency.
(00:42:39) Rafael describes the Bitcoin community in Guatemala, which includes startups addressing remittance use cases and the Bitcoin Lake experiment in Lake Atitlán. The speakers also express their preference for grassroots adoption over government imposition.
(00:47:11) Discussion on the importance of legal interpretation and regulatory clarity for large corporations in adopting new technologies like Bitcoin.
(00:48:11) Exploration of how startups have more room to maneuver and take risks due to the absence of specific laws regulating new technologies.
(00:49:37) The significance of regulatory clarity in encouraging large corporations to adopt new technologies, with the example of El Salvador's legal recognition of Bitcoin.
The Utopian Vision of Online Voting (00:59:10) Vlad Costea describes his initial enthusiasm for online voting and the belief that it would transform a broken representative democracy into a utopian direct democracy.
Underutilized Technology and Consultancy Services (01:00:29)
The Power of Open Timestamps (01:01:23)
01:04:3322/11/2023
S14 E20: Lea Petrasova on Vexl & Why P2P Bitcoin Exchanges Matter
Lea Petrasova is the president of the Vexl Foundation, one of the project's co-founders, and certainly one of the most ardent supporters of exchanging bitcoin in a peer to peer fashion. In this episode, she explains why you should consider using Vexl.
Vexl: Introduction and Purpose (00:01:51) Lea Petrasova introduces Vexl as a mobile app that allows users to buy and sell Bitcoin peer-to-peer without going through a centralized exchange or even benevolent third party.
Vexl: Comparison to Tinder (00:02:48) Lea explains that Vexl can be compared to Tinder, but users can only connect with people within their social circle, making it safer than meeting someone randomly.
Vexl: Drawbacks of Other Peer-to-Peer Exchanges (00:04:04) Lea discusses the three major drawbacks of other peer-to-peer exchanges: global order book, reputation model, and usability.
Real-world reputation in the app (00:12:17) Lea explains how Vexl brings users' real-world reputation into the app, allowing them to see common contacts and social circles when buying or selling Bitcoin.
Using phone numbers as identifiers (00:15:27) Lea discusses why Vexl uses phone numbers as identifiers, highlighting their widespread usage and the ability to match users with contacts and contacts of contacts.
Vexl's monetization model (00:16:54) Lea Petrasova explains that Vexl is a free, open-source project and a gift from Satoshi Labs to the community, with no plans for monetization or collecting fees from Bitcoin peer-to-peer trades.
No fees, no data collection, and open-source(00:24:15)
Lea Petrasova explains the absence of fees and data collection in Vexl, as well as its open-source nature.
Expansion of Vexl to other markets and the gradual scaling process (00:25:45) Lea discusses the expansion of Vexl to other markets, such as Germany, Austria, Switzerland, the UK, and Italy, and the gradual scaling process observed in these territories.
Usability improvements and new features planned for Vexl (00:26:59) Lea Petrasova highlights the focus on improving usability and adding new features to Vexl, such as a trade calculator and better map functionality.
Vexl and Chill (00:36:47) Lea discusses how buying bitcoin through Vexl eliminates the complexities and concerns associated with centralized exchanges.
The Origin of Vexl (00:38:15) Lea explains that the term "vexl" dates back to communist Europe and refers to proxy merchants who exchanged foreign currencies.
The Importance of Peer-to-Peer and No KYC (00:43:40) Lea emphasizes the need for peer-to-peer transactions without KYC requirements to maintain the financial sovereignty and intended purpose of Bitcoin.
46:4006/11/2023
S14 E19: Martin and Igor on Firefish, a Bitcoin-Backed Lending Platform
Firefish enables people to borrow fiat money against their bitcoins in a trust-minimized way, using a multisig setup with oracles. Martin and Igor, the two FireFish co-founders, talk about how and why you should be using their service.
**Firefish: A New Use Case for Bitcoin as Collateral (00:01:54)**
Discussion on how Firefish is using Bitcoin as collateral for loans and expanding the use cases for Bitcoin.
**Firefish: Non-Custodial Platform and Peer-to-Peer Marketplace (00:04:29)**
Explanation of how Firefish is a non-custodial platform and operates as a peer-to-peer marketplace for Bitcoin-backed loans.
**Firefish's technical details (00:09:26)**
Explanation of the technical aspects of Firefish, including the use of multi-sig and the different roles in the contract, such as borrower, lender, liquidator, payment oracle, and price oracle.
**The Zombie Apocalypse Transaction (00:11:55)**
Discussion about a transaction with a time lock that allows users to recover their bitcoin in the event of a zombie apocalypse.
**How Oracles Work (00:12:30)**
Explanation of how oracles function in the Bitcoin network and their role in verifying Firefish transactions.
**Firefish's Target Audience and Use Cases (00:16:01)**
Discussion about the target audience for the Firefish platform, including bitcoiners, institutions holding bitcoin, and traditional finance entities interested in funding bitcoin-backed loans.
**Dispute Resolution Rules (00:23:41)**
Discussion on the dispute resolution rules in Firefish platform for resolving conflicts between borrowers and lenders in fiat transactions.
**Changing Perspective of Traditional Finance (00:28:30)**
Exploration of how Firefish platform allows non-bitcoin native entities to become lenders and how it changes their perception of bitcoin.
**Open Source Code (00:32:28)**
Importance of open source code in Firefish platform for security and user trust, with plans to make the code open source in the future.
**KYC and Anonymity (00:34:00)**
Discussion about the need for KYC (Know Your Customer) in the banking system and the challenges of maintaining anonymity when dealing with fiat currency.
**Implementing Stablecoins (00:38:10)**
Consideration of implementing stablecoins as an option, discussing the trade-off between convenience and privacy/risk for users.
42:2002/11/2023
S14 E18: Lisa Neigut & Calle on Scaling Bitcoin & Free Open Source Software
Lisa Neight (creator of the Base58 Bitcoin academy) and Calle (creator of Cashu) joined the Bitcoin Takeover podcast during the Hackers Congress in Prague. They speak about free open source software, popular Bitcoin scaling solutions, cars & more!
02:10:3828/10/2023
S14 E17: Rodolfo Andragnes on Labitconf 2023 & Argentinian Elections
The 11th edition of Labitconf takes place in Buenos Aires this year, just a week before the final round of the presidential elections in Argentina. Rodolfo Andragnes tells us all about the event & his hopes for a libertarian president like Javier Milei.
01:05:5125/10/2023
S14 E16: Philipp Hoenisch on 10101 Synthetic Bitcoin Stablecoins
Philipp Hoenisch is the founder of 101010: a project which aims to create synthetic bitcoin-backed stablecoins on top of the Lightning network. These stablecoins aim to minimize trust, as there's no central issuer or institution in the middle.
01:14:0523/10/2023
S14 E15: Phil Zimmermann on Bitcoin, Cryptography & PGP
Phil Zimmermann is the creator of PGP & the cryptographer who made it safe to publish cryptography projects on the internet. In this episode, Mr. Zimmermann talks about Bitcoin, his opinion on various cryptography projects & his friendship with Hal Finney.
This episode is sponsored by Wasabi wallet, Cryptosteel, Satodime, and ShopInBit.
Time stamps:
The cypherpunk movement in the 1990s [00:02:47] Discussion about Phil Zimmermann's involvement with the cypherpunk scene and his ideological alignment with their policies.
The motivation behind making PGP open source [00:07:30] Exploration of Phil Zimmermann's reasons for making PGP open source, including the desire for extensive peer review and the benefits of strong encryption software.
The impact of PGP on the development of cryptography protocols [00:10:47] Phil Zimmermann discusses how the publication of PGP, including its source code, taught many people how to do public key cryptography in software and contributed to the emergence of various protocols.
Hal Finney and Tom Hanks [00:13:11] Discussion about the potential casting of Tom Hanks to play Hal Finney in a movie.
Hal Finney's Role in PGP Development [00:13:36] Exploration of Hal Finney's contribution to the development of PGP and the trust model implementation.
Proof of Work and Penny Black Project [00:14:20] Explanation of proof of work and its use in solving the double spending problem and reducing email spam through the Penny Black project.
17:48 – Did Phil Zimmermann ever think about inventing Bitcoin?
19:13 – Silent Phone.
20:40 – Encryption is fast.
22:45 – When did Phil Zimmermann hear about Bitcoin for the first time?
24:07 – Is Phil Zimmermann proud of enabling Bitcoin?
24:44 – Phil Zimmermann's disappointment about Bitcoin.
Improving Bitcoin and Carbon Footprint [00:26:39] Discussion on ideas for improving Bitcoin, particularly in relation to reducing its carbon footprint.
David Chaum's Ideas and Patents [00:29:47] Conversation about David Chaum's ideas and patents, and their impact on the acceptance and development of electronic cash, including Bitcoin.
End-to-End Encryption and National Security [00:32:49] Exploration of the importance of end-to-end encryption for preserving democracy and national security, particularly in the context of networks controlled by potentially adversarial entities like China.
36:0119/10/2023
S14 E14: Michael Bumann on Building Alby, Nostr & Lightning Network Development
Michael Bumann (aka Bumi) is a Lightning network developer best known for working on Joule and creating Alby. Today, Alby is one of the most popular wallets for sending and receiving Nostr zaps. In this episode, he explains more about his work & vision.
56:4210/10/2023
S14 E13: Paul Sztorc Reacts to Drivechains Reactions
In this episode, Paul Sztorc reacts to 3 of the most significant reactions to Drivechains: Shinobi's article from Bitcoin Magazine, the Baltic Honeybadger 2023 panel which mostly covered Drivechains, and his Tabconf 2023 debate with Peter Todd.
05:16:5420/09/2023
S14 E12: Sam Lee on Bitcoin in Hong Kong
For the past 4 years, Sam Lee has been the main organizer of the Bitcoin meetup in Hong Kong. In this episode, Sam tells us what it's like to be a bitcoiner in Hong Kong and how the experience differs from the one in Mainland China.
01:11:3609/09/2023
S14 E11: Pavlenex, Kukks & Anna on BTCPay App at Baltic Honeybadger 2023
At Baltic Honeybadger 2023, BTCPay server announced a new mobile app which will run LDK/Spiral software in the background to make the merchant experience as simple as can get. In this drunkast with Pavlenex, Kukks & Anna, they explain how it all works.
40:5407/09/2023
S14 E10: Paul Sztorc on Drivechains & Attacking Bitcoin
In the middle of a more aggressive campaign to promote a soft fork that enables two-way pegged sidechains via BIP 300/301, Layer Two Labs CEO Paul Sztorc has been accused of attacking Bitcoin and being the new Mike Hearn. But are Drivechains that bad?
02:40:3930/08/2023
S14 E9: Jameson Lopp on Casa, Self Custody & Bitcoin Maximalism
Jameson Lopp, popular cypherpunk and and advocate for anarcho-capitalism, makes his Bitcoin Takeover podcast debut to talk about his work at Casa, self-custody, his views on Bitcoin maximalism, and why it's important to test your backup devices.
01:00:1923/08/2023
S14 E8: Fadi Barbàra on DMix & Bitcoin Privacy
Fadi Barbàra is a researcher from the University of Turin who works on Bitcoin privacy. His new project, DMix, promises to offer better privacy than CoinJoins by integrating a pre-mix transaction that makes use of Taproot multisigs.
Fadi's background and introduction (00:02:11) Discussion about Fadi Barbara's work on DMix and Bitcoin privacy, his research in Turin at a state-funded university, and his journey into Bitcoin.
Explanation of DMix and how it works (00:10:13) Overview of DMix as a two-transaction protocol, the use of CoinJoin in the second transaction, and the three-phase process of the mix.
The transaction threshold signature (00:14:40) Explanation of how transaction threshold signatures work and the difference between a multisig and an aggregated signature.
The goal of DMix (00:18:53) Comparison between DMix and other coinjoin protocols, with a focus on the goal of removing the need for a coordinator or centralization.
Scalability and the limit of mixes (00:26:49) Discussion on the technical limit of mixes based on transaction size, the trade-off between decentralization and popularity, and the potential for larger transaction sizes.
Dmix as a privacy facilitator (00:29:44) Discussion on how the mix in DMix improves privacy by creating unlinkability and the trade-off between privacy and protocol rules.
Incentivizing participation in the mixing system (00:33:39) Exploration of the research phase regarding financial incentives for users to keep their coins in the mixing system and the importance of liquidity.
Toxic change and its elimination in DMix (00:38:23) Explanation of how DMix handles toxic change by creating a greatest common divisor of the coins being exchanged, ensuring no toxic output in the final mix transaction.
Address Reuse and Blockchain Privacy (00:43:18) Fadi Barbara discusses the importance of address reuse in blockchain privacy and the ongoing study of address reuse on the blockchain.
Trust in DMix and Anonymity Set (00:45:42) Fadi addresses the issue of trust in DMix and the potential risk of participants belonging to chain analysis. He also discusses the use of multi-party computation to enhance privacy.
DMix in Closed and Open Settings (00:50:57) The speaker discusses the suitability of DMix in closed settings, such as exchanges, and the ongoing efforts to make it suitable for open settings where anyone can participate.
The proposed soft forks and Drivechains (00:57:04) Discussion about the potential solutions to Bitcoin's privacy problems through proposed soft forks and Drivechains.
Controversy between Wasabi and Samourai wallet (00:58:20) Exploration of the differences and opinions on Wasabi and Samourai, their strengths, weaknesses, and potential for improvement.
Statechains and coin swap idea (01:03:26) Evaluation of the concept of statechains and coin swap as a method of transferring ownership of coins without on-chain transactions, including the benefits and challenges associated with the approach.
Using DMX in conjunction with existing solutions like CoinJoin or CoinSwap (01:11:35) Vlad asks Fadi if DMix can be used alongside other privacy solutions or if it is meant to replace them.
Confidential transactions and the need for soft or hard forks (01:12:26) Fadi Barbara discusses how confidential transactions, which require changes at the protocol level, are necessary for achieving better privacy. He also mentions that the Elements project is currently testing these features.
How listeners can help and contribute to the development of DMix (01:20:08) Vlad asks Fadi Barbara how listeners can support the development of DMix, including spreading the word, donating, and providing criticism and feedback.
01:27:2717/08/2023
S14 E7: Martin Habovštiak on Firefish & Bitcoin Development
Martin Habovštiak is a cypherpunk from Slovakia, best known for contributing with code to many open source Bitcoin projects (Electrum Rust, BTCPay, Bitcoin Core, LND, Phoenix Wallet). He also co-founded Paralelna Polis in Bratislava & coded Firefish.
01:10:0907/08/2023
S14 E6: Mike in Space on STAMPs & Attacking Bitcoin
Mike in Space is the creator of STAMPs: a protocol which inserts permanent data into Bitcoin blocks. STAMPs are mostly used to immortalize art on Bitcoin, but this use case is so heavily criticized by some community members that they call it an attack.
01:11:0802/08/2023
S14 E5: Ben Arc on LNBits and Nostr
Ben Arc is one of the most prolific builders in Bitcoin. He created LNBits – a simple Lightning wallet project which seeks to be the Wordpress of Bitcoin thanks to its modularity and openness to plugins. Ben is also one of the founding fathers of Nostr.
The birth of Nostr [00:01:31] Ben Arc discusses the origins of Nostr and how Fiatjaf came up with the name. He also mentions why the project has potential.
Exploring music sharing on Nostr [00:03:12] Ben Arc expresses interest in building a music sharing platform on Nostr and discusses the modularity of NIPs.
Expanding the use of Nostr [00:07:19] Ben Arc talks about the potential applications of Nostr beyond Twitter, including decentralized social networks and platforms like LocalBitcoins.
The power of realness [00:10:14] Discussion on how people who speak authentically and outrageously, like Donald Trump, gain extra power on social media platforms.
The future of bitcoin privacy [00:11:02] Promotion of Wasabi Wallet as the most advanced and widely used bitcoin privacy wallet.
The development of Nostr [00:11:58] Exploration of the origins of Nostr as an extension for LN Bits and its potential for trustless commerce.
[00:19:49] Ben Arc explains how the switch project can be used in different machines and devices, such as slap machines, vending machines, lights, coffee machines, and beer taps.
[00:21:18] "Exploring incentivization in video streaming". Vlad mentions recent TikTok videos where users get paid in tokens for reacting to emojis, and Ben Arc talks about their own experience with incentivizing donations through physical devices on the Bitcoin Group show.
[00:21:46] "Potential applications of technology in the sex industry" Ben expresses interest in developing camming solutions with Bitcoin for the sex industry, highlighting the field's potential for using Bitcoin and the need for more outreach and development in that area.
The wallet account system [00:29:32] Discussion about the need for a wallet account system with its own API keys and the convenience of having all functionalities in one place.
The process of building and discovering new ideas [00:30:33] Exploration of the importance of hands-on building and experimentation in generating new ideas and solving problems.
Monetizing through premium extensions [00:33:32] Explanation of the potential monetization strategy for LNBits through premium extensions and the example of WordPress.com's approach.
The cover and distribution of the BTCTKVR magazine [00:39:07] Vlad discusses the various covers and the distribution process of the BTCTKVR magazine, ensuring it feels special for events.
Subscription service for Bitcoin Takeover [00:40:46] Ben Arc suggests the idea of a subscription service for Bitcoin Takeover, where subscribers receive the newest copy of the magazine periodically.
Grassroots adoption and institutional involvement [00:42:41] Vlad talks about the potential impact of grassroots adoption on the market and the role of institutions in buying and selling Bitcoin.
The development of central bank digital currencies (CBDCs) [00:48:42] Discussion on how countries are developing their own CBDCs and the potential competition between them.
The value of open-mindedness and ideological debates [00:49:46] The importance of keeping an open mind, engaging in self-contradiction, and the value of Bitcoin's ideology.
The control and privacy aspects of CBDCs [00:50:09] Exploration of the concerns regarding the control and privacy features of CBDCs compared to the current banking system.
53:4621/07/2023
S14 E4: Peter Todd vs Sergej Korliar on Full RBF
Full RBF is one of the most controversial topics in Bitcoin. On one side, RBF creator Peter Todd lobbies for the feature to become a standard. On the other side, Bitrefill CEO Sergej Kotliar thinks RBF is bad for business. This is the RBF debate.
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Peter Todd is the creator of RBF and the biggest advocate for making every transaction enable the feature by default. He wrote this article to explain his point of view: https://petertodd.org/2023/why-you-should-run-mempoolfullrbf Sergej Korliar is the CEO of Bitrefill and an advocate for 0-confirmation transactions, as long as the receiver is willing to take the risk. He considers that full RBF effectively destroys the 0-confirmation use case, potentially slows down Bitcoin adoption and makes users migrate towards altcoins for commerce. This episode is a debate between the two perspectives. It also marks the first time in a while when the two of them sat down to talk and this fact is reflected on how tense the interaction became towards the end. Both participants agreed to record a second part of this debate, after gathering more information to either back up their claims or debunk their adversary's statements with data. –––––––––––––––––––––––––––– The Full RBF Debate [00:01:59] Peter Todd and Sergej Kotliar present their opposing views on RBF. Understanding Full RBF [00:03:00] Sergej explains the concept of full RBF and its impact on transaction replaceability and user experience. Reliability and Usefulness of RBF [00:06:26] Peter Todd counters Sergej's arguments, discussing the reliability and usefulness of full RBF in real-world scenarios. Full RBF and multiparty transactions [00:11:27] Discussion on the trade-offs of full RBF for multiparty transactions and the impact on transactions like Wasabi's CoinJoins. Benefits and inconveniences of on-chain payments [00:14:15] Debate on the trade-offs of using zero conf and the advantages and disadvantages of on-chain payments. The use of RBF for power users [00:19:35] Discussion on the usefulness of RBF for power users, programmatic transactions, and multi-party scenarios. [00:21:16] Discussion on the frequency of using RBF (Replace-By-Fee) in transactions and assumptions about exchange users. [00:23:06] The unpredictability of the bitcoin mempool and blocks, in relation to the need to bump fees. [00:26:37] Debate on the usage of zero-conf (zero confirmation) transactions and examples of merchants accepting them. [00:30:00] Discussion on the percentage of blockchain space used by low fees and the impact on usage. [00:30:59] Importance of rough consensus and the difficulty of making changes in the Bitcoin network. [00:38:48] Discussion about the reliability of zero-conf transactions and the real-world data supporting its usage. [00:39:13] Debate on the risk involved in accepting zero-conf transactions and the potential vulnerabilities. [00:45:14] Plans for a potential continuation of the discussion on the topic of zero-conf transactions in a future episode.
46:2611/07/2023
S14 E3: Matej Zak on Trezor's New Hardware
Matej Zak is the new CEO of Trezor. In his first English podcast appearance as CEO, he talks about Trezor's upcoming hardware wallets, the status of Tropic Square chips, controversies concerning the Wasabi CoinJoin integration & his views on adoption.
[00:01:50] Discussion about the new CEO of Trezor and the continuity of the company with the previous management.
Trezor's growth and market trends [00:02:44] Discussion about the increase in sales, growth of the company, and the market trend towards self-custody with hardware wallets.
Trezor's upcoming product announcement [00:07:17] Discussion about an upcoming product announcement from Trezor that will be a breakthrough for the company and the market, expected to be released in 2023.
The new hardware wallet [00:11:08] Discussion about the upcoming hardware wallet, its design, accessibility, and software features.
Price and features of the new wallet [00:12:59] Comparison of the new wallet's price and features with the Trezor One and Trezor Model T.
Physical buttons vs touch screen [00:15:21] Debate on the advantages of physical buttons for user experience and the announcement of a future model with a touch display.
The choice of Wasabi for CoinJoin [00:21:03] Discussion on why Trezor chose Wasabi as a partner for CoinJoin, highlighting the importance of usability and user liquidity.
The privacy concerns with Trezor's backend servers [00:22:10] Explanation of how Trezor's use of backend servers can affect privacy and the misconception surrounding it.
The rejection of certain transactions by Wasabi [00:24:25] Explanation of Wasabi's rejection of certain transactions for CoinJoin and the misunderstanding surrounding it as collaboration with the government.
The recent launch and community support [00:31:35] Discussion about the recent launch and community support for open source solutions.
Durability testing of Trezor devices [00:32:13] Conversation about durability testing for Trezor devices, including a durability test involving Slush, a Trezor One and his BMW's wheel.
Future plans for Trezor and self-custody [00:38:21] Discussion about the company's plans for the next ten years, including the goal of educating users on self-custody and reaching millions of users globally.
More shitcoins [00:42:08] Discussion about Trezor's support for altcoins and how people always seem to end up in Bitcoin.
Outsourcing coin integration and Bitcoin-only version [00:42:55] Conversation about how Trezor outsources the development of integrating new coins and the availability of a Bitcoin-only version.
Efforts in implementing new coins and outsourcing [00:44:21] Discussion about the effort spent on implementing new coins, outsourcing development, and upcoming announcements of new networks.
48:5908/07/2023
S14 E2: Nicholas Gregory & Ray Youssef on Civ Kit & P2P Marketplaces
MercuryWallet mastermind Nicholas Gregory & former Paxful CEO Ray Youssef have joined forces to create Civ Kit: a peer to peer marketplace framework which is built on top of Nostr & enables anyone to do commerce with great scalability & advanced relaying.
02:16:3415/06/2023
S14 E1: Burak Keceli on Ark & Bitcoin 2nd Layers
While trying to improve on some of the Lightning Network's shortcomings, Burak Keceli created Ark: a Bitcoin second layer which offers privacy, speed & a user experience which resembles that of the main chain. In this episode, he explains how Ark works.
01:36:3429/05/2023
S13 E17: Hero of Bitcoin on Creating a Bitcoin Video Game for Gameboy
Hero of Bitcoin aims to create and launch a Bitcoin-themed video game for the Gameboy. In this episode, the game's creator talks about the development process and all the hidden Easter eggs which relate to Bitcoin culture. Support the game on Geyser!
01:07:1117/05/2023
S13 E16: Michele Morucci (MetaMick) on Geyser and Bitcoin Fundraising
Michele Morucci (also known as MetaMick) is the CEO and co-founder of Geyser: a fundraising platform which empowers creators in the Bitcoin space to crowdfund their projects via Lightning Network. In this episode, Michele tells us everything about Geyser.
38:3211/05/2023
S13 E15: Aljaz Ceru on Bolt.Observer & Lightning Node Tips
Aljaz Ceru is the CEO and co-founder of Bolt.Observer: a service which helps Lightning network node runners with management and monitoring tools. In this episode, he offers some advice on what mistakes you should avoid when managing your home node.
44:1004/05/2023
S13 E14: Slava Zhygulin & Nick Schteringard on Stroom Network and Increasing Lightning Liquidity
Opening Lightning Network channels with WBTC and DeFi money from Ethereum? Creating a DAO to pay participants who make the Lightning Network more reliable? This sounds blasphemous, but it's what the Stroom Network aims to do. Slava & Nick explain it all.
01:18:5326/04/2023
S13 E13: Filip Pawczyński on Bitcoin Mining in the Early Days
Ever heard of the Polish-made BiFury USB ASIC miners? That's only one of Filip Pawczyński's OG contributions to Bitcoin mining. In this episode, Filip reminisces about the early days of Bitcoin mining and comments on the industrialization of mining.
01:52:5119/04/2023
S13 E12: Justyna, Tania & Agnieszka on LOLA Poland (Ladies of Liberty Alliance)
During Bitcoin FilmFest in Warsaw, I had the pleasure to interview three members of LOLA (Ladies of Liberty Alliance) Poland. In this episode, you can hear Justyna Piątek-Pawłowska, Agnieszka Plonka & Tania Rak talk about freedom, Ayn Rand & Bitcoin.
25:4812/04/2023
S13 E11: Matyáš Kuchař on the BTC Prague Conference
Matyáš Kuchař is the co-founder and main organizer of BTC Prague: Europe's largest Bitcoin conference, which promises to bring together more than 10.000 attendees and some of the finest speakers in the space. Here's why you should buy a ticket to Prague.
27:3105/04/2023
S13 E10: Hampus Sjöberg on Blixt Wallet & Bitcoin Development
Hampus Sjöberg is the creator and lead developer of Blixt – a versatile & feature-packed Lightning Network wallet which he builds according to his own perfectionist expectations. In this interview, we talk about Blixt & unpopular opinions about Bitcoin.
01:47:3328/03/2023
S13 E9: Martijn Wismeijer on GeneralBytes Bitcoin ATMs
Martijn Wismeijer became an international media sensation in 2014 when he implanted an NFC chip in his hand to access his Bitcoin wallet with greater ease. Today, he is in charge of GeneralBytes' marketing department, pushing for wider Bitcoin adoption.
02:18:3522/03/2023
S13 E8: Emzy on Mempool.space, Running Electrum Servers & Quitting His Day Job to Work on Bitcoin
Emzy is a long-time bitcoiner who contributes to the space by running independent nodes and servers. He is also one of the first people to run their own mempool.space client. In this episode, he shares some of his experiences with working in Bitcoin.
55:2115/03/2023
S13 E7: Nick Hansen on Luxor, Bitcoin Mining & Ordinals
Nick Hansen is the CEO of Luxor Mining – a pool which, at the time of this recording, was the 6th biggest in the world. In this interview, we talk about Bitcoin mining, Luxor's business model & Nick's strange fascination with ordinal inscriptions.
01:58:0308/03/2023
S13 E6: Tomek Kolodziejczuk & Pierre Corbin on Bitcoin FilmFest (Warsaw, 24-26 March 2023)
Tomek Kolodziejczuk and Pierre Corbin are the masterminds behind Bitcoin FilmFest – an artistic event which celebrates Bitcoin's cinematic culture in the heart of Europe (Warsaw, Poland, March 24-26 2023). In this episode, they explain why you should join
01:10:3328/02/2023
S13 E5: Nicholas Gregory on Mercury Wallet & The Lightning Network Integration
MercuryWallet is one of the most remarkable achievements in Bitcoin privacy. By virtue of Statechains, users can swap UTXOs without leaving any traces. More recently, CommerceBlock wants to bring Mercury to mobile devices with some cool Lightning features
01:22:3022/02/2023
S13 E4: Lando Rothbardian & Travin Keith on ShopInBit
ShopInBit is the online store that lets you use your bitcoin to buy laptops, phones, watches & thousands of other items. In this episode, Lando Rothbardian & Travin Keith explain how they made it all happen & why you should use your BTC for shopping.
01:40:1114/02/2023
S13 E3: Casey Rodarmor on Ordinals, Inscriptions & Bitcoin Culture
Casey Rodarmor took the Bitcoin world by storm when he launched Ordinals: a modern and simplified approach to Colored Coins which lets anyone upload files to the Bitcoin blockchain to create digital artifacts (inscriptions). But what are the pros & cons?
03:21:3106/02/2023
S13 E2: Nopara73 on Wasabi Wallet's Beginnings and Future
Since launching in October 2018, Wasabi wallet positioned itself at the avant-garde of Bitcoin privacy. Almost 5 years later, Nopara73 reflects on the ideas and research that led to the creation of Wasabi, and also makes some predictions for the future.
01:57:2803/02/2023