21 Million Bitcoin: The Monetary Policy That Never Changes | Bitcoin’s Fixed Supply & the Future of Money | Oct. 28, 2026

Joe Carlasare, an attorney, walks the room through AI copyright: whether AI output is a tool's product or a principal author's work decides if it can be protected at all, and why anonymous accounts offer no shelter from false-light judgments. Lorenzo opens on the Fed meeting with a simpler frame: he does not save in dollars, so he follows issuance, halvings, and difficulty instead of the rate decision. TC warns that AI can now read and write code better than humans, so every bug in every system is open season, and the room closes on a bet against Jason Calacanis that grows past $4 million.

Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT.

X: @lorenhodl

Chapters:

0:00:01.06 Opening banter, King James, sing-along

0:00:57.54 Fed preview: I don't save in dollars

0:01:43.88 Coinbase, Keystone hacks, trust no one

0:02:44.92 Mad World, Halloween, and a sick room

0:05:19.90 The $1M bet against Calacanis

0:08:09.16 Cathie Wood's fund sold $16M Bitcoin

0:08:50.38 Difficulty, hash rate, halvings

0:09:57.24 Simply Bitcoin's 500K-sat meme contest

0:12:06.12 Canada raised rates, EU revoked invite

0:12:51.11 TC: AI finds every bug now

0:16:10.14 Security wake-up: 2FA, password managers

0:18:39.68 Google's sharded institutional custody

0:21:48.40 AI bots, email access, privacy is gone

0:25:20.49 Interactive Bitcoin white paper

0:26:39.35 Mr. HODL: Grok, Gmail, privacy is gone

0:32:14.16 One API key connects every model

0:35:48.42 EntropyLab tonight, Chef's AI emails

0:38:25.36 Law firm AI, stack Bitcoin exposure

0:39:41.68 Built a game with AI, UI is dead

0:41:34.74 AI emails to bad managers

0:44:02.00 Wine advice: person vs prompt

0:49:09.32 AI replaces the dumb and mediocre

0:50:29.80 Harness, MCP, LLM: three pillars

0:53:01.44 UI is dead, roles changed

0:57:23.30 Pilot to control tower, experts matter

1:02:09.50 Joe: AI copyright, tool vs author

1:06:12.74 Memes, false light, $1M judgment

1:10:01.37 Digital discovery, LLM confidentiality

1:12:56.75 Joe: judgment can't be automated

1:19:35.14 The bet grows to $4M against Calacanis

1:21:24.68 Joe: slow down, emotional IQ

1:24:57.10 Struggle, proof of work, think yourself

1:33:36.50 Jimmy's flipped truck and community

1:36:27.88 AI in Netflix writers' rooms, slop TV

1:41:44.56 The bet hits $5M, closing the show

Watch the full segment: https://youtu.be/fqBeQV2hzsY