Max Hillebrand: The Bitcoin Nomad - E104

Tommy and Brady take a look at what we've learned since we started this podcast in January at the beginning of this down cycle and talk about the Bitcoin Cash hardfork drama, which was unfolding as we recorded. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.world Citizen Bitcoin on Medium: https://medium.com/@citizenbitcoin Links from the show: Follow the Bcash Hash War! https://cash.coin.dance/ http://hashwars.cash/ "How Many Forks Does it Take to Get to the Center of Satoshi’s Vision?" https://medium.com/@thecryptoconomy/how-many-forks-does-it-take-to-get-to-the-center-of-satoshis-vision-9fa88eb5185

16 Nov 201836min

Tommy and Brady discuss the blockchainer/altcoiner topic dujour, stablecoins, take a look at institutional moves from Fidelity, Baakt and Coinbase and Andrew Desantis' ambitious project DeOS, which began mining last night. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.world Citizen Bitcoin on Medium: https://medium.com/@citizenbitco Links from the show: Backdoor in USD Coin (USDC) https://twitter.com/econoar/status/1054785269843415040 "Huobi Lists Four ‘Regulated’ Stablecoins Vying for Tether’s Crown" https://www.ccn.com/huobi-lists-four-regulated-stablecoins-vying-for-tethers-crown/ "The Delicate Psychology of Stablecoins" https://www.coindesk.com/the-delicate-psychology-of-stablecoins/ "The crypto world is going wild for 'stablecoins' — here's everything you need to know about them" https://www.businessinsider.com/crypto-stablecoins-explained-bitcoin-ethereum-fintech-2018-9 Tether market cap: https://coinmarketcap.com/currencies/tether/ "Baakt Launches Bitcoin Futures For Institutional Clients Starting December 12" https://www.reddit.com/r/Bitcoin/comments/9qjje2/baakt_launches_bitcoin_futures_for_institutional/?utm_source=ifttt "Fidelity, the $2.5 trillion Wall Street giant, is launching a brand new institutional brokerage and custody business for crypto" https://theblockcrypto.com/2018/10/15/fidelity-the-2-5-trillion-wall-street-giant-is-launching-a-brand-new-institutional-brokerage-and-custody-business-for-crypto/ "What Bakkt aims to solve as a first step" https://medium.com/bakkt-blog/what-bakkt-aims-to-solve-as-a-first-step-afa7c56b10d7 "What is Baakt?" https://blockonomi.com/what-is-bakkt/ @desantis on Twitter, enjoy the rabbit hole, bitcoiners: https://twitter.com/desantis/with_replies Andrew Desantis' website: https://andrewdesantis.com/

24 Okt 201835min

Brady and Tommy discuss bitcoin mining energy usage and why Proof of Work is efficient, the information theory of money and the 2018 Baltic Honey Badger conference with takes on Bruce Fenton's tokenizing securities presentation and Nic Carter's Realized Market Cap idea. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.world Citizen Bitcoin on Medium: https://medium.com/@citizenbitco Links from the show: 2018 Baltic Honey Badger Conference Day 1: https://www.youtube.com/watch?v=66ZoGUAnY9s 2018 Baltic Honey Badger Conference Day 2: https://www.youtube.com/watch?v=D2WXxgZ8h-0 Dan Held on The Information Theory of Money: https://twitter.com/danheld/status/1044631693062066177 "Proof of Work is Efficient" by Dan Held: https://medium.com/@danhedl/pow-is-efficient-aa3d442754d3 Bruce Fenton on tokenizing securities: https://twitter.com/brucefenton/status/1043833386257854464

28 Sep 201844min

Tommy and Brady discuss an assortment of recent happenings in bitcoin including bitcoin scaling (a 2.26 MB block and Lightning Network's astonishing growth), the "blockchain cruise" debate between Jimmy Song and Roger Ver, the Winklevoss stablecoin and The Final Boss of Bitcoin (aka The Bank for International Settlements). Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.world Citizen Bitcoin on Medium: https://medium.com/@citizenbitco Links from the show: Bitcoin mines it's largest block ever at 2.26 MB: https://twitter.com/ConanOBitcoin/status/1038824249065197570 Lightning Network continues its amazing growth: https://twitter.com/ConanOBitcoin/status/1039203077876838400 Full debate between Jimmy Song and Roger Ver: https://www.youtube.com/watch?v=HKM6DlaRpYo&feature=youtu.be Jimmy Song's "BCH is Fiat Money": https://medium.com/@jimmysong/bitcoin-cash-is-a-fiat-money-39626c002f77 Winklevoss stablecoin: https://www.marketwatch.com/story/winklevoss-twins-gemini-trust-launches-worlds-first-regulated-stablecoin-2018-09-10 Simon Lutz thread on the Bank for International Settlements: https://twitter.com/simonlutz21/status/1038811798521229312 The Tower of Basel book: https://www.nytimes.com/2013/07/21/books/review/tower-of-basel-by-adam-lebor.html https://www.amazon.com/dp/B00BKRW6GI?ref_=cm_sw_r_kb_dp_pK2jybM43ZD7K&tag=kpembed-20&linkCode=kpe

11 Sep 201833min

Brady reads a Twitter thread by Eric Wall that is intended to serve as a reminder when the ICO idiocy returns. Guy, the host of The Cryptoconomy Podcast, joins Brady to offer some commentary about ICOs and shitcoins. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.simplecast.fm/ Citizen Bitcoin on Medium: https://medium.com/@citizenbitcoin Links from the show: A Reading of A Reminder for When The Idiocy Returns by Eric Wall on Twitter: https://twitter.com/ercwl/status/1033816350958014469 The Cryptoconomy Podcast: https://cryptoconomy.podbean.com/ Music: "To the Moon" by Hobotek from the Free Music Archive http://freemusicarchive.org/music/Hobotek/Odessa/03Hobotek_-Moon_in_the

29 Aug 201842min

Altcoin prices tumble as bitcoin price holds strong at the 6,000 USD per BTC and the 100 billion USD market cap level. Bitmain Pre-IPO documents paint a picture of trouble for the mightiest bitcoin mining company of all time. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. First Lawrence Bitcoin Meetup: https://www.meetup.com/Lawrence-Bitcoin-Meetup/events/kfktcqyxmbqb/ Bitcoin and altcoin price separation: https://twitter.com/Fullbeerbottle/status/1029284335898255360 via https://coin360.io/ Bitmain numbers from Samson Mow on Twitter https://twitter.com/Excellion/status/1029690904422957056 https://twitter.com/Excellion/status/1029688460402089984 https://twitter.com/Excellion/status/1029686892080521216 The bitcoin story in three tweets https://twitter.com/CitizenBitcoin/status/1028642389496406016 Bitcoin is different becasue https://twitter.com/pierre_rochard/status/988403000682139649 "To the Moon" by Hobotek from the Free Music Archive http://freemusicarchive.org/music/Hobotek/Odessa/03Hobotek_-_Moon_in_the_sky

17 Aug 201834min

Tommy and Brady dive into the financial side of bitcoin, taking a look at recent ETF proposal activity, the role of futures in bitcoin and the Lightning Network Reference Rate idea proposed by Nik Bhatia. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. List of bitcoin ETF proposals: https://twitter.com/JSeyff/status/1023998013780500481 Nik Bhatia's "The Time Value of Bitcoin": https://medium.com/@timevalueofbtc/the-time-value-of-bitcoin-3807b91f02d2 Nik Bhatia's "The Bitcoin Risk Spectrum": https://medium.com/@timevalueofbtc/the-bitcoin-risk-spectrum-949f6abec290 Public Statement: Dissent of Commissioner Hester M. Peirce to Release No. 34-83723: https://www.sec.gov/news/public-statement/peirce-dissent-34-83723#.W1o-36vBMDU.twitter Winklevoss Bitcoin ETF Proposal Denied by U.S. SEC: https://bitcoinmagazine.com/articles/winklevoss-bitcoin-etf-proposal-denied-us-sec/ Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First: https://www.ccn.com/institutional-investors-swap-bitcoin-futures-for-physical-btc-in-wall-street-first/

1 Aug 201840min

Tommy and Brady take a minute to appreciate all the bitcoin progress made during this down cycle in the price. Bitcoin just keeps marching on with improvement proposals like Schnorr signatures and BetterHash. Personal safety as a bitcoin hodler is also discussed. Links from the show below. Fascinated by bitcoin? Confused? Overwhelmed? We feel you. Follow us for useful breakdowns of news, the social & economic implications of bitcoin and breakdowns about how the system works. We are dedicated to being sovereign citizens of bitcoin and we're sharing our journey learning bitcoin hoping it makes yours a bit easier. Citizen Bitcoin on Twitter: https://twitter.com/citizenbitcoin Citizen Bitcoin Podcast: https://citizenbitcoin.world/ Citizen Bitcoin on Medium: https://medium.com/@citizenbitcoin Links from the episode: @Cryptoconomy tweet thread listing developments in bitcoin over the past 30 days: https://twitter.com/TheCryptoconomy/status/1015362096832307200 Funny Name or Not, Schnorr Is a Big Deal for Bitcoin: https://www.coindesk.com/schnorr-signatures-explained-bitcoin-tech/ Schnorr signatures BIP: https://github.com/sipa/bips/blob/bip-schnorr/bip-schnorr.mediawiki @TuurDemeester tweet of Gregory Maxwell quote: https://twitter.com/TuurDemeester/status/1015305074728415232 BetterHash Aims to Increase Bitcoin Mining Decentralization: https://news.buybitcoinworldwide.com/betterhash-aims-to-increase-bitcoin-mining-decentralization/ BetterHash BIP: https://github.com/TheBlueMatt/bips/blob/betterhash/bip-XXXX.mediawiki @lopp tweet about documenting physical attacks against bitcoin owners: https://twitter.com/lopp/status/1015945799652474880 Known Physical Bitcoin Attacks: https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md

9 Jul 201840min