The "What is Money?" Show

The $100,000 Bitcoin Bet with Adam Back (WiM371)

Episode Summary

Adam Back joins me to discuss the next Bitcoin halving, the utilization of untapped power, the aesthetic value of Bitcoin, and the probability of another Blocksize War.

Episode Notes

Adam Back joins me to discuss the next Bitcoin halving, the utilization of untapped power, the aesthetic value of Bitcoin, and the probability of another Blocksize War.

Adam Back is a British cryptographer and cypherpunk. He is the CEO of Blockstream and the inventor of Hashcash. 

// GUEST // 
Twitter: https://twitter.com/adam3us 
Website: https://blockstream.com/ 

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// OUTLINE // 
00:00 - Coming up 
00:47 - Intro 
02:20 - Helping Lightning Startups with In Wolf's Clothing 
03:07 - Introducing Adam Back 
03:38 - The Bitcoin Price Bet 
07:17 - Trend Analysis of Bitcoin’s Price 
08:07 - Impact of Bitcoin’s Halving Pattern 
12:50 - One Zeta Hash 
15:59 - Bitcoin Mining Dynamics 
21:14 - Gold Bull Market 
22:25 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
23:21 - Bitcoin Takes on the Duck Curve 
27:35 - Wealth of Nations and Power Capacity 
29:13 - Utilizing the Untapped Power 
30:45 - Bitcoin is Right 
32:53 - Is Bitcoin Art? 
37:07 - The Aesthetic Value of Bitcoin 
39:39 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
40:31 - The User Activated Soft Fork 
43:44 - Impact of UASF on Bitcoin 
46:02 - Probability of Another War in the Bitcoin Network 
48:41 - The Unique Feature of Bitcoin 
52:57 - Why did the Bitcoin War Occur? 
56:00 - Where to Find Adam on the Internet

// PODCAST // 
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