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What Bitcoin Did

STRATEGIC BITCOIN RESERVE, NATION STATE ADOPTION & BITCOIN MINING w/ Harry Sudock

By Danny Knowles

Aired Dec 18, 2024 · 1h 8m · Last boosted Dec 22, 2024

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Show Notes

Harry Sudock is the SVP at CleanSpark. In this interview, we discuss the Strategic Bitcoin Reserve, the game theory behind nation-state adoption, and the impact of Bitcoin on the global monetary system. We also get into sovereign Bitcoin mining, the evolution of Bitcoin mining business models and centralisation risks in Bitcoin. MASSIVE THANKS TO OUR SPONSORS: IREN: https://www.iren.com/ RIVER: https://river.com/wbd CASA: https://casa.io/

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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.
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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.
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Hugs are underrated
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Is my fountain subscriber working now?
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Flair espresso maker is a manual plastic free(in brewing chamber, not overall) and sub $400 option. Great shots and durable af
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Need that Vegas event to happen again this year
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2026 prediction: in 2025 Mike Brock was only teetering. 2026 will bring his real crash out.
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BANGER
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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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Continued love from the Seattle crew
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Great rip!! 🫡👍🏻
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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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🔥🔥🔥 the Stormlight Archive series by Brandon Sanderson is the best modern fantasy series, fight me
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Nostr sneak peek ftw, great idea
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Whether people love them or not, super bullish to see tradFI products come to bitcoiners
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Embrace Christmas
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Great ep!
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This was awesome
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Contacted my local rep 🫡 Very excited that Matt sounds really optimistic on lightning over the next 6-18 months. Usually he's the one walking me back from my extreme optimism :)
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Excellent discussion. I don't agree with Seth on everything but he challenges the way I think sometimes and respect his principles/dedication to privacy tech. Hoping we have many more silent payment + payjoin integrations by the end of the year! I'd like to hear Seth's argument for CTV next time he's on btw.
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High Heel KingMay 18, 2025
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Prediction: CTV support picks up steam after Ark goes live for a few months. CTV merged before next halving.
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Apr 23, 2025
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I feel like very few people are talking about Payjoin still. This needs to change.
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Payjoin is awesome and appreciated 🫡🫡
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You definitely can verify your seed words on a Ledger. You download a specific app from Ledger Live and that allows you to verify your backup.
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Thanks
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Delivering new content with a fresh approach consistently is a sure fire path to a successful breakout podcast 🫡🫡
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High Heel KingMar 10, 2025
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Final 15-20 minutes of this discussion were truly excellent
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⚡️⚡️⚡️👍🏻👍🏻👍🏻
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Ordered more soap, love it. Enjoy having both cedarwood soap and deodorant.
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Nostr Community

Everyone who has boosted STRATEGIC BITCOIN RESERVE, NATION STATE ADOPTION & BITCOIN MINING w/ Harry Sudock on Nostr, ranked by sats sent, all time.

  1. Adrian 500 sats
  2. btconboard #LNHANCE or #CTV 300 sats
  3. Moel 100 sats
  4. High Heel King 100 sats

Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 500 via Fountain
  • 100 via Fountain
    Good point about mining or buying. Your mining should be cheaper that buying 👍
  • 100 via Fountain
    Harry is one of my favorite listens in this space, dude is so wise and has a great voice XD. Looking forward to listening this week.