#016 - Mike Brock - Trump vs Kamala with

Boosting again because how do I challenge aeonbtc to a bare knuckle fisticuff? I mean, I just want to talk...

Boomers are mostly already retired, I think the bigger economic situation is that they are dying and leaving stuff to their kids. Idk what kind of macroeconomic effect that has, but I bought my daughter a Lincoln Town car for less than 3000 cuck bucks, well below theoretical blue book value. I'm wondering if there might not be some weird deflationary effect as gen x'ers inherit crap they don't want.

Song boost

Pretty certain it's pronounced "PLAD." That intro clip was glorious. This is probably the best bang for buck (or Sats) podcast around.

Oops, meant to boost more

Pretty good song

Song boost! Props to V4V artists being better than most fiat slop on the radio these days, even when I don't particularly like the genre

I was already running Knots and Datum for my miners for true solo/lottery mining. After the last two weeks following the debate on Twitter and podcast I just can't see any good, consistent reason for maxing OP_RETURN size AND nuking configuration options. It's clear they want to homogenize all mempools which makes mining centralization even more of a problem. Need to get back to original vision of nodes being in control and nodes/miners being more coterminous.

The Podfather would be disappointed in the suggestion of adding video. Shame shame. No video for me, personally

I listen to podcast while I'm doing other things. Zero interest in video.

Song boost

Bitcoin adjacent products are mainly there for institutions that can't hold Bitcoin directly or for tax "advantaged" 401ks/IRAs held by us wage-slaves. When I'm getting %6 match from my employer you better believe I'm putting all that towards Bitcoin ETFs or MSTR. So long as the fiat gains track with Bitcoin AND the system doesn't blow up, there's a good path to one day cash that out and convert into Bitcoin, then live off it by using BTC-backed loan products, inflating away the fiat debt so long as BTC CAGR outpaces the interest. Of course, all other take-home pay goes directly into BTC. These products have their niche, and I think that's what Saylor and Mallers are tapping into

Great show, glad you're back, but...Don't swallow the eurocoin propaganda. Your American mind cannot fathom how cucked the average euro is. They don't have a competitor to visa/MC because there is genuinely no need for it, but euros reflexively buy almost any propaganda the ECB shovels at them. The digital euro is a control mechanism masquerading as a solution in search of a problem, full stop.

Thanks for all your work, guys. I don't always agree with you but appreciate you regardless. I'm trying to add to the free, private, decentralized apps space based on p2p protocols and design using the Pear stack. So far I have a family/group calendar, family/location sharing and screen time apps. Please check out what I've got so far at https://peerloomllc.com or check out @npub16u9hy2m8w… on NOSTR.

Great episode. Re: stable coins: why would I save in sTaBlEcOiN when I can save in the hardest money in human history?

Helene relief boost

Another great show. OTO. Was angry y'all didn't recognize my donation until I realized I forgot to send one. Crusade talk inspired a Deus Vult donation.

Boost my boy Ansel. Most underrated Bitcoin/macro analyst in the space, imo

Pet rock boost

Stay offensive, or whatever the tagline is. Also, shout-out to gigawatt coffee. I roast some of my own coffee, but order gigawatt monthly. Best around.

Unfortunately, I'm in one of the few states Salt Lending doesn't service yet (Alabama), but I am able to use LEDN. They have higher rates, but it's still a very cool unlock to live off Bitcoin without selling, assuming BTC CAGR is consistently higher than the rate. Just roll over the loan after 12 months and reclaim some of the BTC. Very nice

Great show, as usual.

Man, another great episode, you always find the absolute worst fud from the worst people. Also, this is a "finally set up a node" boost.

We babk, bby

Keep up the good work guys!!! This is from your oldest listener and ya never knew it. Been here since day 1 on Spotify. You used to have 1 long episode, livin in Hammer, achilles issue, shakin sats, Madden, the old car u still have, complaining about the weather…hahaha You turned me onto Shakepay, holding my own keys, Nostr and most likely switching to Bull. Keep it goin!!!!

Great signal and analysis here. Consider me subbed

For the love of all that is holy, please read the actual BIP. Lightning would not be affected. So much of the outcry I've heard against the BIP is either not true or has nothing to do with the technicals (I.e. philosophical/ideological) Start with www.bip110.org for the high level FAQ. It took me 10 seconds to look this up. I could be wrong on this, but I haven't seen any technical debates happening (i.e. "the BIP says it won't affect lightning channels becaue of X but actually it will because of Y...")

Pear Drive is worth it! Don't give up!

Great show, but a quibble: organ donation is a purely opt-in model in the US. I'm a medical ethicist at a large hospital so this is well within my area of expertise. The ethical issue with organ donation is that it's nearly impossible to opt out once you've opted in... In small pilot trials of opt-out, donation rates actually go down slightly, because it forces them to think about what they're doing. Whereas under the current opt-in model, it's mostly teenagers at the DMV unwittingly entering a binding contract to donate their organs if they become dead by neurological criteria. OTO!

big Mike Obama is credited with popularizing the kony 2012 thing because she posed with a pouty face holding a "bring back our girls" sign. OTO.

As much like the idea of Lava products I've seen some investigation posts from Cory Klippsten and Samson Mow showing from Lava's own terms how the risk is being put all on the borrower. Stuff about "the borrower agrees that these are business loans only" buried in the terms and their rates are so much lower compared to other larger, more experienced lenders that something seems off. Something seems off. Also suggest listening to Guy Swann's recent roundtable episode discussion on Core/Knots and BIP-444. The social layer to the whole debate is being lost, I think. The technical arguments are just a distraction, imo.

Agreed. I've felt bad vibes coming from Core camp since the very beginning of the debate before I really understood the issue. Glad we clearly agree on this 😁

Leelu Dallas multipass

Paul is arguing that Lightning doesn't work because it doesn't scale to 8 billion? Has anyone claimed it would? Does any monetary system we have scale to the whole world? Appeals to authority, admitting he hasn't used it in recent years, clearly has an axe to grind about a different solution (drive chains). Seeing more and more "OGs" who are disappointing. Slay your heroes, fam.

Love your takes on macro, but Mara is a bad actor in the space. They mine something like 99% of the non-financial transactions (i.e. spam) and contribute to the problem of mining and pool centralization. I'm guessing it's small chance that'll change for you, so I'm conflicted. Regardless, I appreciate your insights.

Knots is not maintained by "just one guy". This is a misunderstanding. Please have Bitcoin Mechanic/Grassfed Bitcoin on to get the other side on this. The real issue is mining pool centralization, which is what Stratum v2 was trying to solve, but now Datun has basically solved, and you run that along with Knots. Fix the mining pool issue and you the "spammers will be incentiized to go directly to miners" argument becomes moot.

Shinobi is like Bitcoin's version of Reddit atheists and lolbertarians doing a "well akshually". The fact that he admitted he can't steelman the opposition tells me everything I need to know. Doing that is histrionic moralphagging, "It's so absurd I can't even...they must be crazy!"