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Description Michael Goldstein and Pierre Rochard discuss Daniel Krawisz's 2014 article "Bitcoin's Compound Rewards." Featuring Michael Goldstein: https://x.com/bitstein Pierre Rochard: https://x.com/BitcoinPierre Links & Resources "Bitcoin's Compound Rewards" by Daniel Krawisz The SNI Mempool Crash Course in Bitcoin Political Economy Support the Show The Satoshi Nakamoto Institute is a 501(c)(3) nonprofit organization. Donate via Zaprite Connect Website: https://nakamotoinstitute.org X: https://x.com/NakamotoInst Nostr: https://primal.net/sni
Nostr Boost Stats
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If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial.
Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial.
Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
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T2
▾Nostr Boosts:
1.2k ⚡
⚡️⚡️FINANCE BRO PODCASTS ARE THE REAL SHITCOIN!!!!
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⚡️⚡️⚡️🤣🔥🤣🔥
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1k ⚡
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T2
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1k ⚡
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T2
What Bitcoin DidThe Spiritual War for Bitcoin | American HODL, Erik Cason & Marty Bent
Nostr Stats:3 boosters·3 boosts
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871 ⚡
Awesome rip, love you guys 🙏🏼
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T2
Citadel DispatchCD199: CRAIG RAW - SILENT PAYMENTS AND SPARROW WALLET
Nostr Stats:3 boosters·3 boosts
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690 ⚡
Top work gents ✌🏼
Sparrow rules! Boost that before even listening.
T2
▾Nostr Boosts:
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690 ⚡
Starmer is a spineless cunt
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T2
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T2
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Appreciate you folks 🙏🏼
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T2
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450 ⚡
Ordered more soap, love it. Enjoy having both cedarwood soap and deodorant.
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T2
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450 ⚡
What is the use case for Arca versus an Umbrel? Umbrel for picture and non sensitive storage and Arca can save highly sensitive items like passwords or seeds?
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T2
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450 ⚡
The Palmer luckey game boy clone is AWESOME! Highly recommend
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Rabbit Hole RecapRABBIT HOLE RECAP #405: STRETCH YOUR CHEEKS FOR THE BITCOIN BULL
Nostr Stats:2 boosters·3 boosts
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450 ⚡
Freeze = stolen
Orwellian fake speech by suits
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Rabbit Hole RecapREJECT HOSTILE FORKS OF BITCOIN | RABBIT HOLE RECAP #397
Nostr Stats:2 boosters·3 boosts
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450 ⚡
the core dev, lorinc, finding a critical consensus bug from sloppy coding in 110 was hilarious.
110 is an attack on Bitcoin. Doesn’t mean Core is perfect either.
T2
TFTC: A Bitcoin Podcast#703: Payments Without Permission with Nick Slaney
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450 ⚡
Money Dev Kit is the best company name I’ve heard in a long time
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T2
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450 ⚡
The argument that we won’t see it coming is self-defeating. If governments have an incentive to go dark, then why do they flip, and then put up the biggest billboard sign imaginable by stealing bitcoin? Imagine the US or China developing a relevant quantum computer in secret and then spoiling the secret to steal some bitcoin, ridiculous.
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T2
▾Nostr Boosts:M0
450 ⚡
I use Liana Taproot miniscript and it’s awesome. Great wallet for inheritance.
T2
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450 ⚡
Fuck Lava! Total rug!
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T2
The Bugle WeeklySound Vibes In the Fiat Burlesque | Bugle Weekly Episode 107
Nostr Stats:1 booster·3 boosts
▾Nostr Boosts:
300 ⚡
Wore the “Bugle News” red shirt in Vegas
Hugs are underrated
Next year hug inbound!!
T2
The Bugle WeeklyBehave Or Benjamin Netanyahu | Bugle Weekly Episode 99
Nostr Stats:1 booster·3 boosts
▾Nostr Boosts:
300 ⚡
When details on the Sasha Vegas run?
Is my fountain subscriber working now?
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T2
▾Nostr Boosts:
300 ⚡
Flair espresso maker is a manual plastic free(in brewing chamber, not overall) and sub $400 option. Great shots and durable af
Need that Vegas event to happen again this year
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T2
▾Nostr Boosts:
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2026 prediction: in 2025 Mike Brock was only teetering. 2026 will bring his real crash out.
BANGER
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T2
The Bugle WeeklyThe Quantum Quarrel Has Commenced | Bugle Weekly Episode 90
Nostr Stats:1 booster·3 boosts
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300 ⚡
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Quantum is a fake and gay VC scam until it can factor a random three digit integer. Until then my young kids are smarter.
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T25
TFTC: A Bitcoin Podcast#615: How Bitcoin Can Avert A Pension Crisis with Dom Bei
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T25
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Continued love from the Seattle crew
Great rip!! 🫡👍🏻
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1.1k ⚡
Mid and upper models of Flair Espresso maker are plastic free in the brewing areas and around $400-500. Tradeoff is it’s manual but that is just more proof of work. Pair with a metal hot water kettle and you’re all set.
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T25
▾Nostr Boosts:
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Great vibes
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T25
THE Bitcoin PodcastBaklava & Bitcoin - MANDRIK (Bitcoin Talk on THE Bitcoin Podcast)
Nostr Stats:1 booster·2 boosts
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🔥🔥🔥 the Stormlight Archive series by Brandon Sanderson is the best modern fantasy series, fight me
Nostr sneak peek ftw, great idea
T25
What Bitcoin DidOP_RETURN, Filters & Bitcoin’s Identity Crisis w/ Shinobi
Nostr Stats:2 boosters·2 boosts
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800 ⚡
Nostr Community
Everyone who has boosted Episode 9 – Bitcoin's Compound Rewards on Nostr, ranked by sats sent, all time.
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Ryan
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btconboard #LNHANCE or #CTV
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Subversion
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Episode Boosts
Every boost sent to this episode, as published to Nostr, newest first.
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Really enjoying the history lessons gents 🙏🏼
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350⚡ via Fountain
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300⚡ via Fountain👍🏻👍🏻















