Thanks for having me on, Walker! Had a blast. View quoted note →
It looks like China is again looking to "ban" bitcoin mining. A lot has changed since they banned mining in 2021. In 2021, network hashrate was ~160 EH/s. Today, there is ~7.5x more hashrate. In 2021, China had 40-60% of hashrate. Today, they have ~14%. In 2021, the United States had relatively abundant excess electricity. Today, supply is tight due to increased demand from AI hyperscalers. This Chinese mining ban will bring with it less network disruption and new back end benefactors in the form of countries with excess energy that isn't being bid up by AI data centers. It's crazy how much can change in a little over four years. View Article →
Since @BtcPins spilled the beans on the RHR live chat, I’ll ask Nostr for feedback. Been working on a site for people to find the best bitcoin products. Still a work in progress and will be cleaning it up and adding to it in the coming days. Let me know what you think:
This was one of the more interesting conversations I've had on the show this year. Johann Kurtz is the author of Leaving a Legacy. A book about how wealth comes with the responsibility of duty over one's dominion, how wealth should be passed down and why the trend of boomers spending all of their money or giving it to charity is a travesty.
The Trump administration seems to be leaning into industrial policy in the same way that the politicians of James J Hill's time were in an attempt to build out the American rail system. Central planning never works, and I find it hard to believe it will work in this context. View Article →
A lot of victim mentality from bitcoiners during this chopsolidation phase. Stop complaining. Attack. Get your bitcoin off the exchange. Teach others how to self custody. Convince your local Square merchant to turn bitcoin payments on. Move your life to a bitcoin standard.
Skating can teach you so many lessons about life. Rodney Mullen is GOAT'd. https://www.youtube.com/embed/DBbmNAZWq-E