THE WORLD WILL CONVERGE ON BITCOIN w/ Parker Lewis

Strong interview with very interesting points.The fact that financial service providers must always chase higher returns just to keep capital, otherwise it moves to competitors, makes you question whether this system has any real winners. In the end, it feels like there are only two options: no money at all, or money based on debt and controlled through debt. Bitcoin finally offers a way out of this. Thank you, Peter. It’s clear that you truly want to make things better and that you are actively working toward change.

Excellent episode. Very informative and well spent two hours. Thank you.

A great podcast. If you want to understand the Core vs. Knots topic, this is a must-listen.

A million times yes. Thank you for addressing this in the right way. You're one of the only podcasts that hasn't responded to Coinkite with yet more bad options. Very much excited that Learning Bitcoin From The Command Line is getting a new edition too -- long overdue.

Re:other nodes and making news, you're clearly not watching Eric Voskuil on Twitter. Libbitcoin 4 just did IBD in 14 minutes on a consumer connection (with assumevalid height of 950k) and 55 min for full validation. Older than Knots, and older than Core being called, well, Core. They slept for a good few years but are waking up with a vengeance.

Very interesting podcast, I’ve never looked at it that way before. Bitcoin will likely stay open to everyone, but fast guaranteed inclusion could become a premium service mainly used by professional actors like exchanges, banks, large businesses, or critical infrastructure. Normal users can still use Bitcoin, but may wait longer in busy situations, pay higher fees compared to the average, or rely more on Layer 2 solutions. For miners, subscription or contract-based blockspace could also create more stable and predictable income than relying only on volatile fee spikes. There are benefits and disadvantages to this model, but overall I agree and see it as a necessary evolution for Bitcoin. It may be one of the only ways to enable larger companies and countries to fully build large-scale financial infrastructure on Bitcoin.

Thanks for the interview. I largely agree with Jimmy on almost all points, which is precisely why his final conclusion is hard to reconcile. He clearly understands the reasons for pursuing a fork and even acknowledges the upside of what is often framed as the strongest criticism of the BIP: that it makes future changes to Bitcoin harder. A stricter consensus reduces the risk of frequent or careless modifications and helps protect Bitcoin’s long-term stability. The only serious counterargument he raises is the risk of a network split. But Bitcoin is a long-term project, not a political compromise. If we believe something strengthens Bitcoin over the long run, short-term risks should not automatically prevent action. Doing nothing is also a choice. Clear signaling matters: the more people openly signal their position instead of waiting on the sidelines, the clearer the real consensus becomes and the stronger Bitcoin will be in the future.

Мы ехали с npub1pxtuetnymhdauzmtrh5lmkdr6u0n58jygscyq5r943hm955hc9psfd9yfd в Южно-Сахалинск и слушали этот подкаст. Всю дорогу громко спорили, а в конце она сказала, что я попал в культ и добровольно потребляю пропаганду. Теперь я серьезно задумался о том, чтобы не только потреблять, но и производить пропаганду самому. Кто-то должен расширять этот культ!

Thanks for removing the friction from consuming Mises.

Welcome back Walker, congrats on the bigger family Also, xpubs will only give unhardened addresses. That said, I expect a Venn diagram of people who didn't roll dice and people using hardened addresses is probably two separate circles.

This is sweet, thanks for covering this. Been getting excited listening to @npub1v25jqj332… talk about Stratum v2 for a while now. Nice to see it in action.

Welcome back

Hope this counts as a replacement for lost sponsor revenue per this listener.

The cloak and dagger shit with Switck is heating up. People were already looking for a reason for this to be inside. Still not totally convinced but it looks sketchy as fuck. Never been more glad I had fun playing dice games with my bitcoin.

Boston Bitdevs is coming up on July 30 at MIT Building 4. Be sure to RSVP through bostonbitdevs.org (or with the link if David wants to put it in notes). https://app.evento.so/e/evt_3M48gmwDKdbzNc63 Come with questions!

MOAR LUONGO

One of the best podcasts on the technical sides of Bitcoin I've encountered. Helps explain why IBD is taking forever on my raspi 4.

Welcome back! Your break sounds like it was good. Missed your updates.

Spam und NFTs gehören aus meiner Sicht nicht auf Bitcoin und waren ursprünglich auch nie dafür gedacht. Meiner Meinung nach wurde der Konsensus bewusst offen gehalten, während die Policy-Regeln der Nodes flexibler sein sollten, damit man auf neue Formen von Missbrauch reagieren kann, ohne ständig eine Konsensus Änderung zu brauchen. Die Policy-Regeln definieren, welche Transaktionen Nodes standardmässig weiterleiten, oder in den Mempool aufnehmen. Genau diese Regeln sollten eigentlich als Schutzmechanismus gegen Spam dienen und bei Bedarf angepasst werden können. Früher hat dieses Modell deutlich besser funktioniert, weil Mining und die Erstellung von Block-Templates wesentlich dezentraler waren. Da niemand wusste, welche Node / Miner den nächsten Block finden würde, mussten Transaktionen über das gesamte Netzwerk propagiert werden. Dadurch hatten die Policy-Regeln der Nodes realen Einfluss darauf, welche Transaktionen sich überhaupt effizient im Netzwerk verbreiten konnten. Heute ist die Situation anders: Die Erstellung von Block-Templates ist stark zentralisiert, wodurch sich die Policy-Regeln vieler Nodes teilweise einfach umgehen lassen. Dazu kommt, dass Bitcoin Core Policy-Regeln zusätzlich gelockert hat, was das Problem weiter verstärkt hat. Das Resultat sehen wir jetzt: Ein erheblicher Teil des Blockspaces wird inzwischen für nicht-monetäre Daten genutzt (fast 40% in den letzten 6Monaten). Wenn nichts dagegen unternommen wird, riskieren wir dauerhaft volle Blöcke, höhere Anforderungen an Nodes und steigende Kosten für das betreiben einer Node.

A hung jury isn't an acquittal, it's a mistrial. Jurors aren't voting, they're deliberating to arrive at consensus. If they can't, it's a do over. Double jeopardy only applies if a verdict is reached.

The Jade and Jade Plus use ESP32 microcontrollers. Just FYI.

Your analogy is odd given that the twentyfirst amendment struck the 18th amendment from the constitution... The issue with 110 is that it was ineffective and targeting an issue that barely qualifies as one. 4 MB is 4 MB.

The point of airgapping isn't that QR'sbor SD cards are inherently more secure than USB or Bluetooth. It's that the amount of data is far more limited and easier to audit with lower tech methods. If you ask me floppy disks would be even better, as SD cards have firmware that could be an attack vector. But floppies are prohibitively hard to implement in 2026.

'Anything is safer than a coldcard' is not entirely accurate, especially if you're one of the fence cases. Malware hot wallets are having a field day. Saw one user lost 6.07 BTC on mobile 'wasabi' wallet which of course was fake.

Some of the best presentation of the issue I've encountered. Education not recommendations. The multisig evangelists are dangerous, and the guy who hosts the exchange is telling us to self custody. Man of the People @npub1cn4t4cd78… .

It turns out Leopold was NOT the biggest story of the day @npub1ahe2832lq… .

Guy with half a brain still listening reporting in 😂

So glad we finally got some weigh in here on the silliness that is 110. And yea, probably was a low blow last time I asked you about this topic on zoom Natalie...

Someone's out to capture Bitcoin all right. It's the ones who are running thebonly implementation and mining pool that supports this dumbass fork. They're just a lot more retarded than even Bcashers, with a single percent of blocks in any signalling period so far with only 2 to go. Most don't know enough about Bitcoin to realize how cooked they are though. And the ones who do are too sour to do anything about it. Have fun storming the castle.