The Let's Talk Bitcoin Network
Summary: The main LTB Network feed contains all of the cryptocurrency related podcasts that make it to the front page of Let's Talk Bitcoin! You can expect a new episode or two most days subscribing to this feed.
It is often difficult for people to get into Bitcoin without already being primed to align with one of Bitcoin's strange attributes. Parker Lewis described Bitcoins strangeness as 'œbeing counterintuitive, and then hyper-intuitive' after one puts in enough work to understand it. Like many Bitcoiners, Kit Stanwood needed to hear about Bitcoin a couple of times before it clicked. But once it did click, it became hyper-intuitive and she dove right in! Stanwood is now the social media manager for Bitcoin Magazine and a savage Bitcoiner roaming the U.S. getting paid to blog. Stanwood is bullish on Bitcoin and thinks that it has made her into a more effective, committed and successful person. She is an outside-of-the-box thinker and really relates to the Bitcoin enthusiasts that she has met since beginning her orange pill journey. Stanwood loves the Bitcoin community and how the Bitcoin enthusiasts. known as the 'œplebs,' speak and fight for the truth. Please enjoy this wide ranging conversation about bitcoin with Kit Stanwood. Follow Kit on Twitter @kit_sats
Location: Remotely Date: Thursday 25th March Company: Hypersheet Role: Co-Founder In the first two weeks of March, the bitcoin price bounced from around $45k to a new all-time high and local top of $62k. The price then dropped significantly, with many blaming CryptoQuant for the sell-off after posting a message in their Telegram group saying, "18,961 #BTC ($1,145,210,023) aggregated inflow to #Gemini: be careful downside risk from whale dumping" just moments before the price began to crash. While the data was accurate and someone moved a large amount of bitcoin into a Gemini wallet, it was misleading. The move was from BlockFi into Gemini's custodial wallets. But during these dumps, who are the buyers? Willy thinks the people buying the dip are 'Rick Astleys'; HODLer's of last resort who 'never give up, or desert bitcoin'. In this episode, I talk to on-chain analyst and the co-founder of Hypersheet; Willy Woo. We discuss the drop from $62k, Cryptoquant's analysis, the "Rick Astleys" buying the dip and how to catch the top of the market.
I'm excited to be joined by my friend Calvin Chu (@calchulus), former core team at Binance. At Binance, Calvin helmed initiatives such as Launchpad, and is now leveraging his experience to start IMPOSSIBLE FINANCE, a decentralized incubator for new crypto projects. We discuss what it takes to launch a successful token, regulatory compliance, and the landscape for decentralized launchpads. Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch SOLANA: The Solana ecosystem is growing at a rapid pace and it's a great place to build your project or get involved with the community. Go to solana.com/blockcrunch to learn more! ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons '" Attribution 3.0 Unported '" CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidia
Sjors is back! In this episode of The Van Wirdum Sjorsnado, hosts Aaron van Wirdum and Sjors Provoost discuss BOLT 12 (Basis of Lightning Technology 12), a newly proposed Lightning Network specification for 'œoffers', a type of 'œmeta invoices' designed by c-lightning developer Rusty Russell. Where coins on Bitcoin's base layer are sent to addresses, the Lightning network uses invoices. Invoices communicate the requested amount, node destination, and the hash of a secret which is used for payment routing. This works, but has a number of limitations, Sjors explains, notably that the amount must be bitcoin-denominated (as opposed for fiat denominated), and the invoice can only be used once. BOLT 12, which has been implemented in c-ligtning, is a way to essentially refer a payer to the node that is to be paid, in order to request a new invoice. While the BOLT 12 offer can be static and reusable '" it always refers to the same node '" the payee can generate new invoices on the fly when requested, allowing for much more flexibility, Sjors explains. Finally, Aaron and Sjors discuss how the new BOLT 12 messages are communicated over the Lightning Network through an update to the BOLT 7 specification for message relay.
Location: Remotely Date: Thursday 25th March Company: N/A Role: N/A Back in the fall, American HODL and I bet on the outcome of the US election, with Phil Geiger, from Unchained Capital as the arbiter. In this show, we got together to settle the bet. But so much has happened since we made the bet and I asked HODL to join us for a monthly bitcoin rehab show. Despite the massive gains bitcoin has made this last year, it feels like a wall of money is still to come. Money managers increasingly realize their jobs may be replaced by two words: 'œbuy bitcoin'. Top risk analysis teams at companies like iconic insurance firm MassMutual are hedging with massive allocations. The only real question is, who's next? While the price action has been bouncing around for the past few weeks, sometimes we perhaps lose perspective on how far we have come. Weak hands sell; strong hands accumulate. In this interview, I talk to American HODL and Phil Geiger. We discuss settlement of our Trump bet, rumours of the incoming institutional stampede, strong hands (and HODL yells at everyone).
On this episode of the Unhashed Podcast, we talk AMC accepting bitcoin, infrastructure bill shenanigans, Ee-lawn Musque's take on mining energy mix, how ETFs might or might not track the BTC price, half a billion dollars in a DeFi hack, and then finish off with some movie reviews. AMC Theaters will accept the cryptocurrency bitcoin for movie tickets and concessions in the U.S. by the end of 2021, according to CEO Adam Aron, who first made the announcement during an earnings call on Monday. The theater chain will also start accepting Apple Pay and Google Pay, but there are still plenty of important questions about AMC's bitcoin bet that haven't yet been answered. 'œI've had to learn more in the past six months about blockchain and cryptocurrency than I learned about it in the entire decade before that,' Aron told members of the conference call. 'œThis increased knowledge has given me the confidence to tell you all today that AMC is hereby formally announcing on this call that by year's end we will have the information technology systems in place to accept bitcoin,' Aron continued. Aron noted that all bitcoin purchases of movie tickets and concessions would need to happen online, leaving some question about whether customers would be able to change their purchases after they showed up to the theater. A compromise crypto amendment between senators Cynthia Lummis (R-Wyo.), Pat Toomey (R-Pa.), and the U.S. Treasury failed to make it into the final version of the infrastructure bill. Today in the Senate, Senator Toomey introduced a process known as Unanimous Consent, which required zero objections to pass a motion. Although support for the compromise agreement was widespread, it failed on the objection of Senator Richard Shelby (R-AL), who objected with the request of including a $50 billion defense amendment to the bill. Then in a last-ditch effort Senator Ted Cruz (R-TX) asked for Unanimous Consent on his own amendment, which would have stricken the crypto language from the bill altogether. However, Shelby objected for the same reasons. There had been optimism this morning when the bi-partisan group of senators, which had been promoting competing agreements over the past few days, that the '˜problematic' language from the original bill would be struck before a final vote. In particular, Senators Ron Wyden (D-OE), Cynthia Lummis (R-WY), and Pat Toomey (R-PA), objected to vague language that would require any node or miner, as well as software developers, to be categorized as a '˜broker' and produce 1099s for crypto users. The compromise language would have exempted these entities to primarily focus on crypto exchanges, such as Coinbase. The failure comes on the back of widespread crypto industry rallying, including more than 40,000 calls reportedly made to Senators by the non-profit Fight for the future. With no more paths to alter the bill's language, the next step in the process is for the $1.2 trillion bill to be voted on in its entirety by the Senate, which could happen anytime. Given the bi-partisan nature of the bill, it is expected to pass. It must then be reconciled with a version produced by the 435 member House of Representatives before getting signed by President Biden and becoming law. Actual implementation of the law is expected in 2023. Tesla CEO Elon Musk said the company will likely start accepting bitcoin for vehicle purchases again. 'œIt looks like bitcoin is shifting a lot more toward renewables and a bunch of the heavy-duty coal plants that were being used...have been shut down, especially in China,' said Musk on Wednesday at The B-Word conference, an event hosted by the Crypto Council for Innovation. 'œI want to do a little more due diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend toward increasing that number. If so, Tesla will most likely resume accepting bitcoin,' he said. In May, Musk said on Twit
Payments on the internet have always been a weakness. An entire Frankenstein mash up of surveillance, credit card payments, walled garden ecosystems emerged as the way for the internet and internet companies to monetize. Freemium and ad driven models became the way that users were monetized but if you get something for free you are the product and in 2021 this is turning into a problem. Stephan Dodge and Ian Major, the co-founders of BYOD, think bitcoin can fix this. Host Christian Keroles sits down with these ambitious entrepreneurs to discuss how the emerging Bitcoin ecosystem and tech stack is enabling people to take the power back over their data and to even monetize it. BYOD is a solution built on top of Bitcoin and the Stack 2 blockchain to enable users to create advertising profiles and in a cryptographically secure and distributed manner host and sell access to their data. Dodge and Major believe that BYOD will create a better customer profile and a better experience for both advertisers and customers. Users will get paid out in Bitcoin and have more granular control than ever over how their data is used. Beyond just the application that BYOD is pioneering, Stephan and Ian both are incredibly excited about how well the bitcoin ecosystem and tech stack are developing. A few years ago it would not have been possible for them to build a solution like BYOD using Bitcoin in a way they deemed sufficiently decentralized. Today there are several avenues where this was possible including Stacks. Learn more about BYOD at BYOD.exchange
In this episode of Bitcoin Magazine's 'œMeet The Taco Plebs,' I sat down with Satoshi Sarah, a new addition to the Bitcoin Magazine team. Sarah is extremely passionate about bitcoin education, which is what she will be working on at the magazine. She believes in the freedom and sovereignty offered by bitcoin, and is fascinated by the diversity in the community. Like me, Sarah is a zoomer, and sees life through a lens only offered by the experiences zoomers have collectively gone through. With events like the 2008 stock market crash and the 2020 coronavirus being focal points in our (relatively) short lives, the necessity for sound money has become apparent. For Sarah, the best way to bring about hyperbitcoinization and all that entails is through education. But in order to have an infrastructure to educate people on, she believes that layered protocols built on top of Bitcoin are the key to mainstream adoption. She envisions a Bitcoin industry that utilizes these layers in order to overcome the all too often expressed FUD in regards to scalability. I entirely agree with her, and I personally see Lightning as a main example of this.
High fees on Ethereum is a persistent problem. Founders of Ethereum Gas Limit (EGL), Eleni (@EleniThinks) and Uri (@UriKlarman), join us in discussing:How miners control Ethereum's gas limit todayHow it affects network feesHow EGL coordinate gas limit effectivelyImplications with EIP 1559 Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch SOLANA: The Solana ecosystem is growing at a rapid pace and it's a great place to build your project or get involved with the community. Go to solana.com/blockcrunch to learn more! ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons '" Attribution 3.0 Unported '" CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidia
On this episode of the Unhashed Podcast, Ruben and Mario go on some detours. We talk AA+AB twitter drama, who has and hasn't gotten arrested among our hosts and guests, and go on a rant or two about generational wealth before tackling the ancient philosophical query: is calling someone a "whale" an insult? Andreas Antonopoulous (AA) and Adam Back (AB) got into a little Twitter argument this week: AA: Free of dictators, institutions, third-party, intermediaries, and just overall bullshit. Learn the difference between Blockchains and Bullshit [video link] | AB: Don't forget the mastering book | AA: I never wrote a book about Liquid! | [AA deletes his post and hides AB's post] | AB: hey I didn't write the book in question. no need to get bendy, people expressed surprise at the time. just a subtle reminder... no need to get upset. '" https://twitter.com/adam3us/status/1420333121036328961 Riccardo Spagni, the former maintainer of privacy coin monero, was arrested in Nashville, Tenn. on July 20 and will be extradited to South Africa to face fraud charges for crimes unrelated to crypto. Spagni, known online as 'œFluffypony,' is accused of stealing approximately $100,000 from his former employer, Cape Cookies, by generating false invoices from fictional entities and routing payment to his personal bank accounts between 2009-2011. Spagni was previously charged with fraud and related charges in a regional court in Cape Town, but pleaded not guilty and failed to appear in court. According to court documents, South African authorities could not find Spagni at his home address in South Africa. After speaking with Spagni's friends and family they learned Spagni had fled South Africa. South African police issued a warrant for Spagni's arrest in April. Spagni was arrested in Nashville when a private charter jet he was using for a trip from New York to Los Cabos, Mexico, stopped for fuel. Spagni is believed to have 'œsignificant cryptocurrency assets that would enable him to flee' as well as a 'œwatch valued at $800,000,' according to the warrant. '" https://www.coindesk.com/former-monero-maintainer-fluffypony-to-be-extradited-for-non-crypto-crimes To what degree is 'œgenerational wealth' a sensible meme? As Unhashed superfan Paul Sztorc tweeted earlier today '˜A short lesson for the people mumbling on here about "generational wealth"', linking to a story about Geico's founders' heir having a rather sad relationship with his generational wealth. According to a Wedgewood Partners' Inc 'œThe Goodwin's had bequeathed their stock to their son Leo, Jr., who had margined the stock to the hilt. Tragically, after the stock crashed, he took his life.' '" https://twitter.com/neckarvalue/status/142223078313833677
Many Bitcoin enthusiasts tend to lean from a significantly libertarian perspective. Many take pride in routing around the government and relish in Bitcoin's ability to just opt out completely. Unfortunately for the Bitcoiners not interested in participating in politics, last week in the United States Infrastructure Bill emerged an existential crisis for Bitcoin and the more general crypto ecosystem. The bipartisan Infrastructure Bill, that is a hallmark part of the Biden Administration's first year in office, has a couple last minute pages added to it looking for 38 billion in tax revenue from redefining a broker in the crypto ecosystem. The wording was very wide ranging and unclear, many legal experts interpreted that the language could have put on onerous reporting requirements on any and all participants of the digital value ecosystem. Amanda Cavaleri, a Bitcoiner and COO of Pearl Snap Capital in Wyoming sits down with Christian to discuss how Bitcoiners can work together to make sure that Washington respects Bitcoin and the financial innovation it brings to the United States. According to Cavaleri, the Bitcoin cohort is larger than AARP and could soon command more wealth than AARP. The Bitcoin Voting Block has the potential to become the most powerful and influential single issue voting block in the country and all we need to do is organize. Cavaleri believes that Bitcoin is the foundation of privacy and property in the digital future and that we must stand up today to defend it. Amanda recently coauthored an excellent article in Bitcoin Magazine urging and educating Bitcoiner's on how to effectively communicate and advocate with lawmakers the benefits of Bitcoin. Follow Amanda on Twitter @Amanda_Cavaleri
Miami's own Erik Mendelson is a mover and shaker in many industries, but now he's tackling one of the hottest spheres in economics: US real estate. And if you're a crypto adopter or investor, he's got some excellent tips on how you can leverage the contents of your wallets to be able to make your next home purchase, even if your credit score is not quite up to par. From using your portfolio as collateral to getting loans using DeFi platforms like SmartFi, Erik talks about your options for getting into one of the hottest markets since the housing bust of '09. Plus, he gives his thoughts on why Florida's housing rules make it such a unique market for both good and ill, and some advice on how to avoid the looming eviction & foreclosure crisis resulting from the coronavirus pandemic. About the Guests: Executive music producer and artist manager Erik Mendelson graduated on the Dean's List with a Bachelor's Degree from Rutgers University and is currently the CEO of Cre8tor.app (formerly RecordGram) & Tune Token. He believes blockchain technology and tokenized ecosystems are going to redefine the music industry by allowing for greater transparency between all of the stakeholders in the creation, discovery and distribution of music. Erik's vast range of tenured entertainment experience comes from stints at Interscope Records, Loud Records, Hot 97, Elektra Records and Jive Records serving in marketing and radio promotion roles for some of the biggest music superstars. In May 2017 Erik's company Cre8tor.app (formerly RecordGram) won the coveted TechCrunch Disrupt Cup which is the most prestigious prize for a startup technology company.During the same year, Erik and his Co-Founder was featured on Apple Music's original content series "Planet of the Apps" which included celebrity mentors Jessica Alba, Gwyneth Paltrow, Gary V and will.i.am.The multi-episode series received ten thousand applications but only 36 apps were selected for the show.Of those 36, only 15, including Cre8tor.app, received funding from globally recognized VC Lightspeed Venture Partners.Cre8tor also received additional funding from the New World Angels which is Florida's largest Angel investor group and Monique Mosley, a tenured music, film and advertising executive. Prior to receiving investment, Erik participated the Project Music accelerator in Nashville which was financially supported by some of the most influential record labels, music publishers and artist management companies. In 2006, Erik started Answerman Management signing his first artist MIMS to a 5 album deal with EMI/Capitol Records, serving as the Executive Producer for the album that grossed over $16 million.Additionally, Erik has signed 2 other clients to major recording deals generating over $18 million in revenue.He's also responsible for signing POP superstar Jason Derulo to his first production deal and assisted with procuring a publishing deal between Sony/ATV and the Grammy award winning production duo Da Internz. Furthermore, he has successfully implemented strategic and progressive marketing initiatives over his career and is a proven leader in developing new revenue streams for ongoing businesses in the entertainment industry. Erik's accomplishments range from negotiating multi million-dollar major recording and publishing deals to booking tours and negotiating licensing deals including a $9 million Microsoft campaign. Additionally, Erik regularly speaks on music industry panels discussing progressive marketing, promotion and advertising strategies. He's considered a pioneer in the digital music landscape helping to create Digiwaxx Media and has executive experience in dealing with content acquisition, contract negotiation and developing cross-functional relationships between internal and external departments including artists managers, booking agents, media personnel and advertising agencies. Erik has strategically aligned his clients and brands with targeted consumers thru the use of integ
Location: Remotely Date: Tuesday 23rd March Company: Block Digest Role: Host With Bitcoin, if you don't control your private keys, you don't own your bitcoin. That means the first thing you should do once you have bought bitcoin is to move it to a wallet you control. Bitcoin wallets come in all shapes and sizes and offer different use cases depending on the amount of bitcoin you have and how you intend to use it: For smaller amounts of bitcoin, mobile and desktop wallets are convenient and often simple to use. However, by operating on your device, they are constantly connected to the internet and more vulnerable to attack. For more significant bitcoin holdings, hardware wallets separate your keys from an internet connection and offer a far greater level of security. Another option for securing large amounts of bitcoin is multi-signature wallets. A multi-signature wallet requires multiple keys to sign a transaction; this means you can geographically distribute these keys and have no single point of failure. In this interview, I talk to Shinobi, the host of Block Digest. We discuss the tradeoffs between different wallets, how wallets work, and how you should secure your bitcoin.
DeFiance Capital is one of the first hedge funds that champion "fundamentals investing" - focusing less on market structure and technical analysis, more on things such as protocol revenues and user growth when formulating their trades. Founder Arthur Cheong (Arthur0x) joins me in discussing: Finding conviction in bear markets Finding valuation frameworks that matter in crypto How Arthur identifies successful projects Why DeFi is Arthur's primary focus Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch SOLANA: The Solana ecosystem is growing at a rapid pace and it's a great place to build your project or get involved with the community. Go to solana.com/blockcrunch to learn more! ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons '" Attribution 3.0 Unported '" CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidia
Aleks Svetski discussed his 'œIntelligent Guide To Bitcoin' and the misunderstandings about BTC that are often perpetuated. Many in the traditional financial space, government and academia have long dismissed Bitcoin as a silly toy for criminals and predicted that its price will go to zero. These predictions remain commonplace in the mainstream media to this day, despite the network's astounding growth and the currency blasting past $30,000 prices and making inroads across the global economy. Upon reading a recent example of these crypto dismissal articles from an Australian professor, titled the 'œDummies Guide To Crypto,' Aleks Svetski '" CEO of Bitcoin DCA app Amber and Bitcoin Magazine contributor '" felt that he needed to respond. Svetski agrees with the author of the 'œDummies Guide' that 'œcrypto' is trash and that there is very little substance to the general 'œcrypto' market. Aleks does however disagree that these assumptions are also true for Bitcoin. The reality is that Bitcoin is a very well thought out solution to a very important problem that has been plaguing humanity. Aleks' response to the 'œDummies Guide' is 'œThe Intelligent Guide To Bitcoin.' In the article, Svetski covered what Bitcoin is, whether people should invest in it, the mining and energy factors and its downsides. 'œBitcoin Magazine Podcast' host Christian Keroles sat down with Svetski to discuss the key points in the article and debate how to best articulate them to people that think Bitcoin is just a silly toy.