Blockspace: AI & Bitcoin

How do previous Bitcoin crashes compare to this week’s Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency that same year. They discuss how market sentiment differed between crashes despite similar percentage drops, explore how "exogenous" vs "endogenous" factors affected recovery, and debate whether Bitcoin behaves as a risk-on or risk-off asset. The conversation includes personal anecdotes about experiencing these market downturns and predictions for Bitcoin's future. Follow our guests: @cbspears @asilayhodling @btcszn2 Notes: - Bitcoin down 30% from $109K to $76K - Markets recovered 9.5% in one day - Terra/Luna crash: 35% drop in one week - FTX collapse: only 30% drop but worst sentiment - US fiscal deficit at $36.7 trillion debt - BitMEX "outage" may have saved 2020 crash Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 00:46 Bitcoin crashes, don't buy it 06:25 Macro lookback 14:00 Covid crash (march 2020) 22:45 Arch 23:18 Terra Luna crash (may 2022) 32:16 FTX Crash 38:43 Stay humble, stack sats - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

ReardenCode, independent Bitcoin developer and freedom advocate, joins us to talk about reframing how we think about Bitcoin soft forks. Reardon breaks down opcodes, explains why we should focus on capabilities rather than protocols, and explores the historical context of Bitcoin's upgrades from SegWit to Taproot. The conversation goes deep on OP_CAT, CTV, and CHECKSIGFROMSTACK while but tries to make the topics approachable approachable. Follow our guests: @ReardenCode Notes: - Bitcoin is the first digitally scarce asset - OP_CAT enables five different capabilities - SegWit enabled non-third party malleable txs - Taproot enabled hidden script paths - CTV+CSS combo enables rebindable signatures - MEV concerns can probably be scoped and managed Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:28 What is Bitcoin? 02:36 What's an OP code? 05:41 How to think about OP codes 07:39 Capabilities examples 10:17 Explaining OP codes 12:03 What do we want? 13:24 Why did SegWit NOT do more? 15:22 Taproot 18:50 Arch 19:25 Hidden script paths 22:13 CTV 31:55 OP_CAT 35:11 Check Contract Verify 36:33 Introduction of "state" & MEV 37:07 MEV 40:29 Limiting MEV 43:36 The problems of OP_CAT 48:26 The current consensus 52:22 Wrap up - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

BITCOIN SEASON 2: Inside Bitcoin’s Darknet Markets Sub-title (150 characters or so) We’re exploring darknet markets, from their history with the Silk Road to how they function today. Bitcoin vs. Monero usage, exit scams, and why these markets look like they're stuck in 2004 despite handling billions in transactions. Body (300 characters or so) You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Colin and Charlie dive into the seedy underbelly of cryptocurrency—darknet markets. From the early days of the Farmers Market to the infamous Silk Road and beyond, they explore how these marketplaces function, why they initially struggled without Bitcoin, and the recent shift from Monero back to Bitcoin following exchange delistings. With $2 billion in annual volume yet surprisingly flat growth, they examine the robust review systems, exit scams, and why these sites stubbornly maintain their 2004-era aesthetics. Disclaimer: This episode discusses drugs and illegal activities for informational purposes only. Follow our guests: @cbspears @asilayhodling @btcszn2 Notes: - Darknet markets processed ~$2-3.5B annually - Farmers Market (2006) had only 3,000 users - Silk Road processed $182M from 100,000 users - Market volume remained flat despite crypto growth - Monero losing popularity after exchange delistings - Kraken darknet market: ~$800M volume in 2024 Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:50 Chainalysis Darknet Market Report 05:15 Farmer's Market 14:27 After Silk Road 16:11 Arch 16:42 Rise of Monero 23:38 Quality control 29:24 Exit scams - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Gabriel Shipton, film producer and brother of Wikileaks founder Julian Assange, joins us alongside Brian Locklin from Ordinals to discuss Project Spartacus. This ambitious initiative aims to permanently archive the Afghan War Logs on Bitcoin's blockchain through ordinals technology, creating an uncensorable repository of historically significant information. They explore how Bitcoin offers unique censorship resistance, the technical challenges they've overcome, and the potential for Bitcoin to serve as a powerful publishing platform for journalists and freedom advocates. Follow our guests: @GabrielShipton @ordinalsbot @bruffstar Notes: - Project archives 76,000+ Afghan War Logs on Bitcoin - Julian Assange was imprisoned for 14 years - War Logs were previously unavailable at times - Julian is free but restricted by plea deal - Bitcoin enabled Wikileaks to survive debanking - Ordinals offer new censorship-resistant archive Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:25 Project Spartacus 03:18 Before Assange was released 06:36 Ordinalsbot involvement 09:45 Arch 10:17 New financial model for publishing 15:42 Breaking new ground for Ordinals 18:32 Censorship resistant platforms 23:07 Recent wins & losses 29:38 Wrap up - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

We dive into GameStop's surprising announcement to raise $1.3 billion in convertible notes, potentially to buy Bitcoin. The hosts explore how this connects to the 2021 meme stock saga that gave GameStop its massive cash position, Ryan Cohen's relationship with Michael Saylor, and whether this Bitcoin strategy is a life raft for a retail gaming business in decline. With GameStop's revenue dropping from $8.5B to $3.8B over eight years, is this a smart pivot or just vibe investing? Notes: - GameStop announces $1.3B convertible note offering - Revenue declined from $8.5B to $3.8B in 8 years - Company has $4.76B cash on balance sheet - Cash position largely from 2021 meme stock frenzy - Zero debt after paying off all loans - Saylor posted photo with Ryan Cohen: "Team Bitcoin" Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 00:28 GameStop enters the chat 02:05 GME be buying 07:58 Roaring Kitty Redux 10:43 Financials 13:25 Arch 13:56 Business evolution 20:14 Volatility trade 25:28 Not a crazy pivot 30:22 BTC makes an honest market or not... - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Eli Ben-Sasson, co-founder and CEO of StarkWare, joins us to discuss how StarkNet plans to settle on both Ethereum and Bitcoin. We dive into the technical details of zero-knowledge proofs, the importance of OP_CAT for Bitcoin's future, and the fascinating Collider Script approach to covenants. Eli shares his concerns about Bitcoin ossification, explaining why without scaling solutions, Bitcoin risks becoming a "Rolex" - an asset only accessible to the wealthy. We also explore quantum computing threats and potential solutions for securing Bitcoin's future. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: - StarkWare has over 200 team members - OP_CAT is the "greenest" covenant proposal - Quantum threats require ZK-based solutions - Collider Script enables covenants at high cost - Bitcoin fees prevent mass adoption - Bitcoin needs soft forks to avoid ossification 00:00 Start 01:09 Starkware background 04:38 Bringing ZK tech to Bitcoin 07:53 What is a "unified" layer 2? 09:21 Why use Starknet? 11:33 Posting proofs on-chain 13:26 OP_CAT 16:55 Collider script 19:35 Arch 20:09 SHA1 collisions? 22:43 Brute forcing covenants into Bitcoin 24:53 fear of soft fork 27:59 Quantum 32:16 Possible quantum futures 34:26 Why ZK_Starks for Satoshi's coins?? 38:16 Confiscation vs network protection 43:18 Self custody future - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

President Trump makes a pivot from Bitcoin to stablecoins in his latest policy statements. Reality check: stablecoins now account for over 50% of all crypto settlement volume, with Tether becoming the 7th largest holder of US Treasuries globally. We break down how stablecoins are being used in emerging markets, why Tron dominates the stablecoin landscape despite centralization concerns, and what this means for Bitcoin's relationship with the traditional financial system. Notes: - Tether is 7th largest buyer of US treasuries globally - Stablecoins now 50% of all crypto settlement volume - Tether holds $113 billion in treasuries - Tron handles ~40% of stablecoin transactions - Tether earns ~$4 billion yearly on Treasury yields - Trump now promoting stablecoins for dollar dominance Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 00:34 Trump video 03:09 Reaction 06:53 Tether buying treasuries 11:08 Other stablecoins 17:35 Arch Network 18:05 The Tether Eye of Sauron 20:10 Who's using stablecoins 22:18 Where are stablecoins traded? 26:31 Volume of all crypto transactions compared 32:33 A realistic view - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter Todd joins us to talk about Bitcoin's technical evolution, discussing terminology like "blockchain" vs "timechain," and revealing flaws in Satoshi's original design. Peter dives deep into mining economics, explaining the risks of block withholding attacks, the problems with activation mechanisms for soft forks, and controversial funding models like demurrage. Despite surviving significant challenges, Bitcoin faces ongoing security concerns as block rewards diminish, requiring creative solutions to ensure mining remains economically viable long-term. Notes: - Block withholding attacks remain an unsolved risk - Mining rewards currently ~0.5% tax on Bitcoin savings - Bitcoin difficulty algorithm relies on halving events - Miners have ~24-30% hash power can disrupt network - Transaction fees alone insufficient for mining economics - Demurrage could stabilize mining revenue long-term Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 02:03 Timechain not a good word 04:28 White paper terminology 09:17 Difficulty 11:35 Price vs hashrate 12:53 Block withholding attack 21:08 Arch Network 21:40 Risks of a block withholding attack 26:50 Soft forks 31:01 BIP 8 & BIP 9 34:12 Signaling for soft forks 35:51 Nodes vs miners 38:04 Transaction IDs 43:22 OP_NEXT 44:14 Solving soft fork activation 48:50 Are drivechains dumb? 50:44 Miner centralization 56:54 WTF is demurrage? 1:01:18 Tail emission 1:07:04 ETH mansion 1:09:47 Ordinals - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Kimmell joins us to evaluate the Lightning Network's decade long journey. We break down Lightning using simple analogies (bar tabs and abacuses!), trace its historical development through Bitcoin's scaling debates, and try to assess its successes and disappointments. While Lightning functions technically and has achieved notable adoption milestones, the we discuss why user experience remains challenging and if we can address persistent issues like channel liquidity management and offline reception problems. - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - Notes - Lightning whitepaper published in 2015 (decade ago) - Three softforks enabled Lightning functionality - Trump used Lightning for burger purchase on camera - Many Lightning wallet providers have shut down - Channel liquidity management remains a major UX issue - Binance and major exchanges now support Lightning Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 02:17 What is the Lightning Network? 08:50 History of Lightning 21:34 Web3 26:35 Arch Network 27:07 New use cases 30:05 Lightning successes 37:49 Lightning failures 41:30 OP_NEXT 48:06 UX challenges 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Janusz is meeting Solana degens where they’re at by building a product that helps them stack bitcoin during their regular Solana use. “Lemon Drop” is the first product release in Janusz’s recent Bitcoin pivot and builds towards his bigger goal: increasing Bitcoin privacy through increasing Bitcoin’s anonymity set. Also: activating a Bitcoin soft fork? Notes: • How Lemon Drop works • Privacy on Bitcoin • Open Source vs Product focused development • A soft fork activation? Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:02 Anon payments 03:17 Pivot on Layers project 05:39 Lemondrop 10:13 Inspiration 12:45 Arch Network 13:17 Building the team 16:52 Wrapped BTC 20:36 Bitcoin Layers project 25:51 Soft fork activation client 32:26 Advocating for specific covenants 37:11 Privacy projects 42:43 Privacy adoption - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com We break down the 2024 River Financial Report. What countries are buying? Which funds are buying? What does the average Bitcoin user look like? And what the heck is up with Lightning these days? Notes: • Lightning mixed: up & down • ETFs are buying individuals Bitcoin • Sovereigns are starting to but BTC • Good vs Bad changes to Bitcoin in 2024 Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps 00:00 Intro Bitcoin Season 2 Writers Room 00:22 Institutions Are Buying All Your Bitcoin 02:42 How ETFs & Institutions Are Changing Bitcoin 05:35 MicroStrategy’s Massive Bitcoin Holdings 09:45 Arch Network 10:16 Nation States 12:03 Nation-States & Governments Holding Bitcoin 16:26 Bitcoin’s Bull Case How Early Are We 22:27 ETFs & The 2024 Bitcoin Bull Market 26:50 The State of the Bitcoin Lightning Network 39:00 Stablecoins Adoption & Bitcoin’s Use Cases 42:03 Bitcoin Protocol Upgrades & Future Development - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

A lot has happened since our last conversation with Hunter just 3 months ago. The Bitcoin developer mailing list has been popping off and now everyone’s talking about Quantum Bitcoin. But what’s changed? What new debates have kicked off & what are their implications? And should we confiscate Satoshi’s coins if they get quantum hacked? Notes: • Should we steal Satoshi’s coins? • Does quantum need a block size increase? • Which bitcoin is most vulnerable? • Has the “best” solution changed in the past 6 months? Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps 00:00 Introduction & Controversial Bitcoin Proposal 02:03 Bitcoin’s Quantum Security Threat 05:01 How Quantum Computers Could Steal Bitcoin 08:07 The Debate on Locking Satoshi’s Coins 12:24 Bitcoin Censorship vs. Core Values 19:53 Arch Network 20:27 Preparing Bitcoin for a Quantum Future 29:23 Evaluating Quantum-Resistant Cryptography 36:14 Block Size Weight & Transaction Discounts Explained 44:41 Security Implications for Bitcoin Miners 52:40 Conclusion & How to Get Involved - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Bob Bodily explains how Odin.fun hides all the complexities of Bitcoin so the users get straight to doing what they want: trading tokens fast. Odin.fun solves the bonding issue, the token namespace reservations, threshold signing, etc. But at the end of the day you have to solve the biggest problem: user acquisition. Notes: • Chain abstraction for Bitcoin • Engineering challenges of Bitcoin tokens • User experience vs technical complexity • Going head-to-head with the Solana ecosystem Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps 2:30 What is Odin.fun? 4:36 Why Are Runes Hard to Design For? 7:00 Under the Hood 9:44 Arch Network 10:16 Asian Markets 13:57 Token Creation on L2 15:57 Front Running 18:47 Abstracting Away Complexity 22:38 Current BTC Developments 24:52 OP_CAT 28:43 Plans for BRC20 - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Lyn Alden’s just dropped a report a little different than her normal Bitcoin & macro focus: Bitcoin Consensus. She takes us through defining the various stakeholder groups and how the game theory works as these groups’ influence wax and wane. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Notes: • What is an Economic Node • What are the Six Bitcoin Stakeholder groups? • Protocol Developers power • Game Theory of stakeholder power dynamics Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps 00:00 - Intro 02:52 - Lynn’s Background & Bitcoin Research 05:16 - The Six Bitcoin Stakeholder Groups 08:09 - Economic Nodes 12:03 - Miners vs. Nodes 15:15 - Arch Network 15:45 - Protocol Devs 16:33 - Protocol Developers & Their Influence 20:19 - Podcasters 23:08 - “State of Mind” Concept 29:26 - Should More Stakeholders Be Involved in Consensus? 31:43 - Game Theory Behind Bitcoin Consensus Changes 34:31 - Weaknesses & Risks in the Process 38:52 - Future Soft Forks 39:15 - Lyn’s View 42:46 - Potential Future Optimizations - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Charlie & Colin break down the conspiracy theory that claims Jack Dorsey is Satoshi Nakamoto. You might be surprised how deep the rabbithole goes and how crazy the connections sound. Notes: • Jack Dorsey’s Vietnamese restaurant • Hidden address references in old Bitcoin transactions • Are clues hidden in comic books? Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Chapters: 00:00 Is Jack Dorsey Satoshi? 01:14 The bizarre connections begin 02:29 Jack’s “Satoshi” Shirt 05:02 Jack Dorsey was a Cypherpunk 06:44 Arch Network 07:16 Old Addresses 09:52 Clues in old vanity addresses 19:07 Jack, Bitcoin, and nautical references 36:54 Why Jack Dorsey isn’t Satoshi - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Will Reeves, CEO of Fold, is hyperfocused on making it easy to save in Bitcoin. As the new Bitcoin user looks different than previous cycles, so does the modern Bitcoin company. Fold is going public on the thesis that the average American needs low friction options to orient their existing habits around saving in Bitcoin. Notes: • Fold vs other public crypto companies • Different company models each cycle • Successful (and unsuccessful) products • Starbucks & airline miles, but with Bitcoin Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Chapters: 00:00 Intro 1:26 Nasdaq listing 02:47 Fold 1.0 to Fold 2.0 04:25 Arch Network 04:55 Fold 2.0 05:35 Why Fold holds over 1,000 BTC 09:59 Adapting for a changing Bitcoin landscape 19:08 The reasoning behind Fold’s Nasdaq listing 29:59 Bitcoin's Changing User Base 39:25 Plans for 2025 and beyond 41:44 Reflections on the future of Bitcoin - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Luongo from Thesis helps us “wrap” our heads around what it means to take your bitcoin cross-chain. What are the trust assumptions? What are the differences between different wrapped Bitcoin products? Is there any “funny business” going on? Notes: • New users are coming to ETFs • Microstrategy vs cross-chain Bitcoin • TVL mirroring • BitGo’s Wrapped Bitcoin vs other wrapped Bitcoin Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Chapters: 00:00 Introduction 02:03 What is Wrapped Bitcoin 05:12 Bitcoin Layers and Bridging 07:45 Arch Network 08:15 Layers 10:30 Trust Assumptions in Wrapped Bitcoin 14:14 Proof of Reserves vs. Solvency 19:02 The Scale of Wrapped Bitcoin 25:12 Soft Forks and Bitcoin’s Future - Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s now openly acknowledged that the crypto industry has been targeted for years by the previous administration’s Operation Chokepoint 2.0 scheme. Charlie & Colin discuss how last week’s hearing saw Senators Warren & Scott addressed the matter before the House Financial Services Committee. We explain how we got here and where we might go as an industry. Notes: • History of regulatory scrutiny • FTX Fallout • Operation Chokepoint 2.0 Hearing • Elizabeth Warren changes tune Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Chapters: 03:23 – Operation Choke Point 2.0: Background & FTX Fallout 07:20 – Nick Carter’s Revelations & Chokepoint Analysis 09:23 – Silvergate’s Story & the 15% Deposit Cap 18:09 – House Financial Services Committee Hearing Recap 25:05 – Elizabeth Warren’s Pivot & Broader Political Implications 42:41 – Future Outlook: Could There Be a Choke Point 3.0? - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Bitcoin Season 2! For this week's Writer's Room, Colin and Charlie cover the release of Tornado Cash co-founder Alexey Pertsev from prison. They also dive into recent policy talking points from Trump's Crypto Czar, David Sacks, including why stablecoin regulation could become a pillar of this administration's crypto approach (and what that means for dollar dominance). Plus, what Trump's executive order for a U.S. Sovereign Wealth Fund means for a Strategic Bitcoin Reserve. - Follow our hosts on X: @cbspears, @AsILayHodling Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

After a crypto dump some are comparing to the COVID crash, Bitcoin dominance has skyrocketed. Is this the new normal? Bitwise's Jeff Park says the trade war may kick off a series of events that is actually good for Bitcoin, - Follow our hosts on X: @cbspears Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

Quary, founder of Magisat, discusses the growing market for rare sats, unique satoshis with historical, aesthetic, or numerical significance. How does ordinal theory assign identities to satoshis? What are the technical challenges of procuring rare sats? Despite current liquidity & market drawdown, Quary argues that rare sats represent an authentic, grifter-resistant asset class, poised to gain value as Bitcoin adoption grows. Timestamps: 00:00 Intro 02:09 How Quary Discovered Rare Sats 04:43 What Are Ordinals and Rare Sats? 09:40 What Makes a Satoshi Rare? 15:21 The Unique Nature of Rare Sats 17:31 The Rare Sat Marketplace: How Sats Get Traded 24:31 Technical Challenges in Building a Rare Sat Marketplace 30:53 Market Valuation and Adoption of Rare Sats 39:03 The Bull Case for Rare Sats Follow our hosts on X: @cbspears Check out our conference - opnext.dev Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

The culling is happening -- Bitcoin assets like Runes & Ordinals are collapsing. Is this the end? Top Ordinals assets are down 30% - 60% over the past month and the total Runes market cap has fallen below $1 billion, again. An interesting phenomenon the past week has been the attention on Solana memecoins from the ordinals & Bitcoin maxi community. Unlikely as it may seem, "boomer" Bitcoiners are launching memecoins on Solana. - Follow our hosts on X: @cbspears Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ross Ulbricht is free, full pardon! But how did we get here & what actually was the Silk Road? Colin & Charlie dive in - Follow our hosts on X: @cbspears, @AsILayHodling Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

For this emergency Writer's Room episode, Charlie and Colin talk Trump's inauguration speech, in which he doesn't mention Bitcoin (quelle suprise!); the $10 billion dollar elephant (or should we say "shitcoin"?) in the room, TRUMP coin; and Trump's myriad Bitcoin policy promises. - Follow our hosts on X: @cbspears, @AsILayHodling Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices

There are now 7 states with Bitcoin reserve proposals! But they're not all the same, and it can be super confusing how each one works. Charlie & Colin explain & rank the Bitcoin reserves according to our (admittedly arbitrary) metrics! - Follow our hosts on X: @cbspears, @AsILayHodling Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices