THE DOLLAR MILKSHAKE & BITCOIN w/ Brent Johnson

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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⚡️⚡️FINANCE BRO PODCASTS ARE THE REAL SHITCOIN!!!!

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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

Am listening now and really enjoying it. Great to hear from the OGs.

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Sats vs bitcoin is annoying but put the blame where it's deserved, which is Dorsey/Square. Maybe paying 900 bitcoin for something isn't confusing to Marty but explain to me how this is good for adoption because it's confusing to everyone else.

Seedless is safer is an attack on Bitcoin. Bitkey makes totally reasonable tradeoffs for noobs with modest stacks. But this is dishonest marketing at best.

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The more anti-maximalist rhetoric you hear, the closer we are to the next panic induced downturn.

Ordered more soap, love it. Enjoy having both cedarwood soap and deodorant.

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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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The Palmer luckey game boy clone is AWESOME! Highly recommend

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Freeze = stolen Orwellian fake speech by suits

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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.

Money Dev Kit is the best company name I’ve heard in a long time

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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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Fuck Lava! Total rug!

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Wore the “Bugle News” red shirt in Vegas

Hugs are underrated

Next year hug inbound!!

When details on the Sasha Vegas run?

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

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.

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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You had me at “Satoshi’s going to rape our nodes”.

Love murch 👍🏻👍🏻

The best example of core going woke was the blackist change in 2020. It's a particularly good example because the PR author explicitly did it for woke reasons: to use a "more appropriate" word and "make everyone happy". Contrary to Murch's claim that core tries to keep conversations technical (around 1:39:00), this PR had no technical justification at all. This was a good conversation, but if anything it made me even more anti-core. A lot of nitpicky weak arguments from Murch, and dismissive hand waving of valid concerns. We know there is more than one core dev, we have read the core arguments and we are still unconvinced. For all Murch's appeals for understanding the core position (I did make it to the end) he seems to have made very little effort to understand the position against this change. I read the "experts" letter, did he read the rebuttals? https://github.com/bitcoin/bitcoin/pull/19227

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I like the clips.

Continued love from the Seattle crew

Great rip!! 🫡👍🏻

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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Great vibes

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🤣🤣”Al Qeuda democracy”. Love it. Keep up the sarcasm.

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If you don’t boost the podcast on nostr, did you even listen to it? GM

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