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Bitcoin Is Eating Everything – Epi-50

The Bitcoin Breakout Posted on by

Podcast: Play in new window | Download (Duration: 1:47:47 — 30.8MB)

Today we sit only 3 days from the Bitcoin halving and the coming supply shock when new issuance goes from 6.25 BTC to 3.125 BTC per block.  This halving is the most impactful ever as all will be going forward but this one is running into the new US based EFTs and coming Hong Kong ETFs.

We also talk about Grifter Roger Verr’s new book, a native wallet in the Nostr client Primal.  Chat about about the savage beat down Nat Burnell gave to Peter Shiff, a wonderful analysis of shitcoiner gaslighting and the future of layered Bitcoin technology.

This will be a good one and much different that many Bitcoin podcasts.  Most of those are all price predictions and other bullshit.  Those get you views and listens but I am far more concerned about understanding the amazing future taking place right in front of us.

Join Me Today to Discuss…

  • The better way to think of the having is daily and monthly
    • Daily we are going from 900 new BTC a day to 450
    • Monthly we are going from 27,000 to 13,500
    • ETF daily inflows alone have averaged 2300+ per day
  • Hong Kong just approved BTC ETFs, it is one of the places with the highest number of millionaires in the world – link
  • Nat Burnell savaged Peter Schiff – “Bitcoiners don’t constantly attack gold because we do not see gold as a threat”. – link
  • As to Schiff why should anyone listen to a guy about Bitcoin that has literally gotten everything wrong every time about Bitcoin?
  • The BCH bullshit is back again this time spurred on by Roger Verr’s new book, it is full on gaslighting
  • The best thread I have ever read about shitcoiners gas lighting Bitcoin, the Lightning Network, etc. – link
  • Why I don’t worry about “scaling” simply put it is demand driven and that demand is just not there yet
  • The new Primal wallet is awesome and a very easy onboarding tool to decentralized social media AND Bitcoin
  • Why I think all the FUD about “custodial lightning wallets” is just stupid
    • Most of them are custodial but they are not KYC there is a difference
    • LN is for small value transitions and no one needs more then a few hundred bucks in a host LN wallet
    • The custodian likely doesn’t have any idea who you are, I had to tell GetAlby what account was mine
    • The fact that you can self custody is what matter, not if you do it or not
    • Most of the people attacking LN have NO IDEA how it works, some thing you need “blocks” for every LN transaction
  • In the end you can keep listening to the people who have been proven wrong for over a decade or listen to those who have been proven right
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* The Bitcoin Breakout is a production of The Survival Podcast

 

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