Nobody Understands Bitcoin with Jack Mallers, American HODL, Alex Thorn & Calle
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- čas přidán 2. 06. 2024
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“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
Anyone else impressed with how good Danny is as a moderator? At this rate he could get his own show 😅
Eventually he will take over WBD, Peter is working towards that.
@@DN-dj4gi he should smart
@@DN-dj4gi You mean Peter is working on that intentionally? Very interesting
Best conference ever. Level headed guests. Great questions. Love it.
The guy in the orange mask is Peter Schiff. The accent slips occasionally.
😂😂😂
Jack Mallers always a rock star.
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.
Great line up. Modest conversation.
mallers spitting hot fire
Great talks, two together!
Fucking love Mallers!!!!
3:40 Dude bashing Saylor with his ski mask 😆What does he you know
He’s a physics PhD. Bitcoin is not digital energy.
@@MikeStillUK it's a fire in cyberspace
@@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.
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
Great stuff. ❤
Good work bro 🤝
Jack says “nothing will change if you don’t want to change”
Baller
"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.
It is digital energy and digital gold and tons more
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
This is not a problem. Higher layers, like Lightning, scale Bitcoin transactions.
The first guy: “I’m like, then they’re like, then I was like, but they were like…“
American HODL. He’s a funny guy…he’s there because he always comes with an honest take
Top 💯
These guys throwing shade at Michael Saylor is really low. Lessens their credibility a lot in my eyes.
Andreas Antonopoulos, Saylor, Jack ......
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)
Where's Mallers?
Orange mask.
Not digital energy? Then you mention "the people who put in the most 'energy'"... I totally dismissed you at that point.
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.
Energy has always existed
I wanted to use strike here in the US, but they asked for my FULL ssn#…. That’s a hard pass, Jack… Sorry.
Mallers should be first no question
Yes I am first comment man...
People who do not buy and hold BTC will regret it.
Over thinking it.
"...theoretically the plebs could fork out Blackrock..."
awesome, make it happen
Definitely caught my attention but It would fuck citizens. Obviously He’s just saying everyone,including Blackrock should understand that it’s possible.
Jack is on target
Calle is so good. Always has a good perspective.
Would love to watch Jack Mallers show Schiff and Dimon their level of stupidity in a debate.
1st
The guy in the orange mask sounds like he doesn’t like bitcoin anymore.
A few digs at Saylor early in this one lol from Hodl and Phone Jacker and that rap was cringe AF.
I can't trust a guy with an orange stocking on his head, because he's not as brave as the rest of us.
Being an anon is a valuable thing
judge ideas independently from their source.
@@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.
Tell that to the Samurai guys
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!
Bullshit. You buy it, do self custody and stack Sats every chance you get. Stop trying to make this shit complicated. smfh
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.
These guys having the exact same conversation Charles Hoskinson tried to bring up a few months back and regarded maxis had a heart attack 🤷🏻♂️
They didn't mention the shitcoin Cardano once though?
Yes, just realized that plebs can freeze all blackrock's bitcoin, lol.
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.
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.
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.
Limiting the discussion window may allow for a bug to skip through. Consensus will come when it's ready.
Lol. I don't trust anyone in a mask.
And since I can't verify, as his hat implies. I'm just going to ignore whatever he says.
Why don’t you use photo of your face on your avatar, sir?
Who asked
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.
Those poor souls will become poorer against BTC.
It's not dead at all. It's more advanced than BTC and cheaper and easier to use but people are retarded.
@@jaymoney3215 it's outperformed BTC for the last year, just saying.
@@jaymoney3215 DGB might be worth a little bet.
Tezos upgrades regularly. It's the anti-ossification chain
because it's a centralized shticoin