Nobody Understands Bitcoin with Jack Mallers, American HODL, Alex Thorn & Calle

  Рет қаралды 20,063

What Bitcoin Did

What Bitcoin Did

Күн бұрын

SHOW NOTES:
www.whatbitcoindid.com/podcas...
“To believe that Bitcoin will stop changing I think is a fallacy, and it means that Bitcoin will die, because…Bitcoin is software and software never stops to evolve.”
- Calle
Jack Mallers is the Founder & CEO of Strike, American HODL is a Bitcoin Educator, Alex Thorn is the Head of Firmwide Research at Galaxy and Calle is a Bitcoin developer working on Cashu. In this interview, we discuss why no one understands Bitcoin, ETFs & centralisation threats and the importance of funding development.
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TIMESTAMPS:
00:00:00 WTF is Bitcoin?; ossification
00:13:09 Ordinal problems?
00:17:54 ETFs, state, & centralisation threats
00:28:29 Funding devs vs ossification
00:37:29 Strike Europe; changing global perspective
00:42:17 Bitcoin’s resilience; scaling
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#Bitcoin #Finance #Economics

Пікірлер: 95
@BestYTComment
@BestYTComment 26 күн бұрын
Anyone else impressed with how good Danny is as a moderator? At this rate he could get his own show 😅
@DN-dj4gi
@DN-dj4gi 25 күн бұрын
Eventually he will take over WBD, Peter is working towards that.
@aaronsilcox5977
@aaronsilcox5977 19 күн бұрын
@@DN-dj4gi he should smart
@motopolak
@motopolak 18 күн бұрын
@@DN-dj4gi You mean Peter is working on that intentionally? Very interesting
@P__114
@P__114 26 күн бұрын
Best conference ever. Level headed guests. Great questions. Love it.
@Mac-ku3xu
@Mac-ku3xu 26 күн бұрын
The guy in the orange mask is Peter Schiff. The accent slips occasionally.
@MikeStillUK
@MikeStillUK 25 күн бұрын
😂😂😂
@knoworiginality
@knoworiginality 26 күн бұрын
Jack Mallers always a rock star.
@christinewillis7545
@christinewillis7545 26 күн бұрын
Sometimes I worry about efforts to centralize Bitcoin either through mining or flooding Bitcoin node networks with thousands of AI bots. Then along comes Jack. So I learned from this talk - time and energy has to be invested to make this possible. Thank you Peter and Jack. I'm on the right track. I'm a slow learner - but I'm getting there.
@lhzsdgsfbvv
@lhzsdgsfbvv 26 күн бұрын
Great line up. Modest conversation.
@asdfqwerty3551
@asdfqwerty3551 26 күн бұрын
mallers spitting hot fire
@billabongboy9510
@billabongboy9510 26 күн бұрын
Fucking love Mallers!!!!
@Ray_Charles
@Ray_Charles 25 күн бұрын
Great conference Pete! I really enjoyed watching all the content. I'm new to the bitcoin space, and a month ago I didn't know Bedford existed, and now it's somewhere I absolutely want to come visit some day. Cheers
@DN-dj4gi
@DN-dj4gi 25 күн бұрын
3:40 Dude bashing Saylor with his ski mask 😆What does he you know
@MikeStillUK
@MikeStillUK 25 күн бұрын
He’s a physics PhD. Bitcoin is not digital energy.
@Chunga6
@Chunga6 24 күн бұрын
​@@MikeStillUK it's a fire in cyberspace
@motopolak
@motopolak 18 күн бұрын
@@MikeStillUK I agree, "digital energy" always sounded weird to me. I like the term "economic energy" more. Maybe still not super accurate, but at least I can wrap my head around it using that label.
@haraldclark6206
@haraldclark6206 26 күн бұрын
Great talks, two together!
@LawrenceNewman01
@LawrenceNewman01 24 күн бұрын
Jack says “nothing will change if you don’t want to change” Baller
@darrenpalliaer8928
@darrenpalliaer8928 24 күн бұрын
Great stuff. ❤
@LeeJF1
@LeeJF1 25 күн бұрын
Good work bro 🤝
@rubenortega6088
@rubenortega6088 25 күн бұрын
It is digital energy and digital gold and tons more
@lastnamefirstname2390
@lastnamefirstname2390 26 күн бұрын
"Money is abstracted time and energy. The world has borrowed a ton of time and energy and not delivered back on it. And so the question that everyone's trying to figure out - that every single government and central bank is trying to figure out - whos time and energy is going to pay that back?" - Jack Mallers Brilliant.
@jmscloyd1
@jmscloyd1 26 күн бұрын
The primary concern I have with ordinals is their effect on already high transaction fees. I feel like no one I addressing this. How can btc be the future of finance when it costs anywhere from $2-$200 to do a single transaction? I thought we we’re supposed to be better than the legacy system
@JamesVannordstrand
@JamesVannordstrand 20 күн бұрын
This is not a problem. Higher layers, like Lightning, scale Bitcoin transactions.
@graywz
@graywz 26 күн бұрын
These guys throwing shade at Michael Saylor is really low. Lessens their credibility a lot in my eyes.
@organic723
@organic723 26 күн бұрын
The first guy: “I’m like, then they’re like, then I was like, but they were like…“
@dcntralizedmind2754
@dcntralizedmind2754 26 күн бұрын
American HODL. He’s a funny guy…he’s there because he always comes with an honest take
@robbatayaki5505
@robbatayaki5505 23 күн бұрын
Andreas Antonopoulos, Saylor, Jack ......
@JoshuaPolier
@JoshuaPolier 26 күн бұрын
Top 💯
@jinglebobfece4d8booglestra34
@jinglebobfece4d8booglestra34 24 күн бұрын
Congrats on the conference, shame you didn't ask Jack whether one could be self sovereign without holding a UTXO though I suspect he would have 'hand waved' and ultimately dodged the question (though you certainly should push for an answer in private as I think you actually believe in a better money for everyone rich or poor, sadly a custodial BTC will be just a Bitcoin backed CBDC for the masses)
@reasoning..
@reasoning.. 26 күн бұрын
Not digital energy? Then you mention "the people who put in the most 'energy'"... I totally dismissed you at that point.
@knoworiginality
@knoworiginality 26 күн бұрын
I think his point is that Bitcoin isn't anything that existed before. It's hard to make a direct comparison to something else that exists.
@reasoning..
@reasoning.. 24 күн бұрын
Energy has always existed
@tcsovereignpleb4492
@tcsovereignpleb4492 26 күн бұрын
Where's Mallers?
@anewcreature7
@anewcreature7 26 күн бұрын
Orange mask.
@colecarroll1881
@colecarroll1881 25 күн бұрын
Mallers should be first no question
@marioperry7369
@marioperry7369 25 күн бұрын
I wanted to use strike here in the US, but they asked for my FULL ssn#…. That’s a hard pass, Jack… Sorry.
@bmo8898
@bmo8898 26 күн бұрын
"...theoretically the plebs could fork out Blackrock..." awesome, make it happen
@dcntralizedmind2754
@dcntralizedmind2754 26 күн бұрын
Definitely caught my attention but It would fuck citizens. Obviously He’s just saying everyone,including Blackrock should understand that it’s possible.
@blake-nw4pd
@blake-nw4pd 21 күн бұрын
People who do not buy and hold BTC will regret it.
@frogger2513
@frogger2513 15 күн бұрын
Over thinking it.
@user-lf6yh5fm9u
@user-lf6yh5fm9u 26 күн бұрын
Yes I am first comment man...
@SteveDyn
@SteveDyn 26 күн бұрын
Jack is on target
@user-ic6xf
@user-ic6xf 25 күн бұрын
Calle is so good. Always has a good perspective.
@brenden5721
@brenden5721 26 күн бұрын
Would love to watch Jack Mallers show Schiff and Dimon their level of stupidity in a debate.
@ERA145
@ERA145 19 күн бұрын
The guy in the orange mask sounds like he doesn’t like bitcoin anymore.
@GRumpyonekinobi
@GRumpyonekinobi 26 күн бұрын
A few digs at Saylor early in this one lol from Hodl and Phone Jacker and that rap was cringe AF.
@ssylwester
@ssylwester 26 күн бұрын
1st
@jayd6813
@jayd6813 26 күн бұрын
I can't trust a guy with an orange stocking on his head, because he's not as brave as the rest of us.
@1bird_d
@1bird_d 26 күн бұрын
Being an anon is a valuable thing
@byronhambly
@byronhambly 26 күн бұрын
judge ideas independently from their source.
@jayd6813
@jayd6813 26 күн бұрын
@@byronhambly No, that is not how we evolved. We take in immeasurable amount of data visually to survive ("that stick in the corner of one's eye might be a snake"). I get it they (can't say he - not sure) have reasons for wanting privacy, but one can't deny there are drawbacks. Could be just a gimmick also - average Joe is not memorable, but a guy with orange pantyhose over his face is building a brand. Benign, but still creepy from a gut sense. We should all try it at the next Bitcoin Conference. We all may be doing it in 10 more Orwellian years.
@Cronus6
@Cronus6 26 күн бұрын
Tell that to the Samurai guys
@whenwasnow6062
@whenwasnow6062 26 күн бұрын
Us? brave for not protecting your privacy? Satoshi is a wimp for being anonymous? You don't trust Bitcoin/S.Nakamoto? Jeez, one sentence from you triggered so many questions!
@VEGANWARRIOR
@VEGANWARRIOR 26 күн бұрын
Bullshit. You buy it, do self custody and stack Sats every chance you get. Stop trying to make this shit complicated. smfh
@s.nawfal6211
@s.nawfal6211 26 күн бұрын
Yes, just realized that plebs can freeze all blackrock's bitcoin, lol.
@thomasomalley3847
@thomasomalley3847 26 күн бұрын
These guys having the exact same conversation Charles Hoskinson tried to bring up a few months back and regarded maxis had a heart attack 🤷🏻‍♂️
@wsemenske
@wsemenske 25 күн бұрын
They didn't mention the shitcoin Cardano once though?
@darrenpalliaer8928
@darrenpalliaer8928 24 күн бұрын
I don't mean to be cynical however my greatest fear is there will be many more thousands of podcasts for years to come of people talking about bitcoin but out in the real world very little change. So much talk,not much action. The real change is happening in places like Africa and South / Central America while in the rich Western world no real change, just talk. I hope change happens soon.
@robertzerby-jb1oh
@robertzerby-jb1oh 26 күн бұрын
To prevent ossification someone should propose a time limit on proposals. Where let’s say after a week deadline a majority at the time wins.
@CollaborateOrDecent
@CollaborateOrDecent 26 күн бұрын
Changes can take a long time to fully understand. And discussions need to take place. This is not a move fast and break sh1t startup anymore. People savings are at risk.
@knoworiginality
@knoworiginality 26 күн бұрын
Limiting the discussion window may allow for a bug to skip through. Consensus will come when it's ready.
@user-hb1qo6cu1z
@user-hb1qo6cu1z 26 күн бұрын
If bitcoin cash,(BCH) represented by Roger Ver, is so good, why don't they proceed along and mind their own business? If it is that great, and fills needs bitcoin does not, why dont they just forge ahead. I think they do have some good ideas and a great system. So I always wonder, "why all the confrontation, division,victomhood, and attacking ?" They spend lots of time and money attacking Bitcoin, (BTC). Their actions, including their Utube videos, show a constant attack, including revisionist history, and limited hangout falsehoods. They seem to be very, and unrealistically, well funded. Given the stakes involved are control over the world's money, I can't help but to be conspiratorial and suspicious when I see people act like Roger Ver. The best "business plans" are like bitcoin.They move along at their own volition, stick to their principals, and don't need to attack anything.
@suunt12
@suunt12 26 күн бұрын
Lol. I don't trust anyone in a mask.
@jordanroberts7931
@jordanroberts7931 26 күн бұрын
And since I can't verify, as his hat implies. I'm just going to ignore whatever he says.
@anewcreature7
@anewcreature7 26 күн бұрын
Why don’t you use photo of your face on your avatar, sir?
@WhiteTigerAudio
@WhiteTigerAudio 8 күн бұрын
Who asked
@tiekavanrensburg6432
@tiekavanrensburg6432 26 күн бұрын
With the increase of institutions buying BTC, it will become less accessible to retail to own BTC. Will it shift retail interest towards buying BCH as it is also a PoW with a total supply of 21Mil? I understand BCH is a dead project, but retail will look for a coin that compares to BTC and is PoW and 21Mil.
@jaymoney3215
@jaymoney3215 26 күн бұрын
Those poor souls will become poorer against BTC.
@JohnDobbertin
@JohnDobbertin 25 күн бұрын
It's not dead at all. It's more advanced than BTC and cheaper and easier to use but people are retarded.
@jinglebobfece4d8booglestra34
@jinglebobfece4d8booglestra34 24 күн бұрын
​@@jaymoney3215 it's outperformed BTC for the last year, just saying.
@ace1603
@ace1603 23 күн бұрын
@@jaymoney3215 DGB might be worth a little bet.
@moneyevery3days7
@moneyevery3days7 25 күн бұрын
Tezos upgrades regularly. It's the anti-ossification chain
@byronhambly
@byronhambly 25 күн бұрын
because it's a centralized shticoin
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