What Bitcoin Did
- Épisodes
- 225
- Parution
- plusieurs fois par semaine
- Dernier épisode
- 12 Nov 2026
À propos du podcast
What Bitcoin Did unpacks Bitcoin’s role in reshaping money, freedom, and the future of finance.
Épisodes 225
Can Bitcoin Survive If AI Breaks Encryption? | Michael Dunworth
“We’re playing for the machines. We just don’t know it yet.” Michael Dunworth joins the show to explain why he’s willing to bet a Bitcoin that RSA encryption will be broken within ten years, and why he believes …
Notes de l’épisode
“We’re playing for the machines. We just don’t know it yet.”
Michael Dunworth joins the show to explain why he’s willing to bet a Bitcoin that RSA encryption will be broken within ten years, and why he believes Bitcoiners need to rethink their security assumptions.
We discuss AI-assisted hacking, the risks of third-party services, and why a customer data leak can turn into a physical security threat. Michael explains why he thinks Bitcoin’s social layer is weakening, while we debate development priorities and the trade-offs involved in changing the protocol.
We also discuss AI’s appetite for data and energy, what happens to privacy if encrypted information becomes accessible, and Michael’s theories about reconstructing past events. Finally, we explore what money and community could look like in that future, and whether Bitcoin could become a ledger of truth for machines.
Sponsors:
Ledn - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BitGo - Secure your Bitcoin with institutional grade security.
Bitkey - Get 10% off the new Bitkey wallet with code WBD.
AnchorWatch - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
Cape - Get 33% off your first six months with code WBD.
Abundant Mines - Bitcoin mining made simple.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Michael Dunworth: https://x.com/MichaelDunwort1
Chapitres (3)
Inside the White House’s Plan to Buy Bitcoin | Patrick Witt
“I think we set in motion a number of things that will come to fruition over the years.” Trump put Bitcoin on the White House agenda. But will the US government actually buy it? Patrick Witt, former executive …
Notes de l’épisode
“I think we set in motion a number of things that will come to fruition over the years.”
Trump put Bitcoin on the White House agenda. But will the US government actually buy it?
Patrick Witt, former executive director of the White House Crypto Council, joins me to explain what happened behind the scenes of Trump’s Bitcoin push and what still stands in the way of delivering on those promises.
We discuss the unfinished audit of government Bitcoin, disagreements over the authority granted by the executive order, and custody practices that included cold wallets kept in drawers. Witt explains the potential routes to acquiring more Bitcoin, the obstacles to congressional approval, and what Treasury might still be able to do under existing powers.
We also discuss his departure, why he doesn’t expect the White House’s central coordinating role to continue, and whether the administration’s Bitcoin policies could survive a future Democratic president. Finally, we cover the Samourai developers, the council’s approach to pardons, and Bitcoin’s response to the quantum threat.
This conversation was recorded before the 2026 US midterm elections.
Sponsors:
Ledn - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BitGo - Secure your Bitcoin with institutional grade security.
Bitkey - Get 10% off the new Bitkey wallet with code WBD.
AnchorWatch - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
Cape - Get 33% off your first six months with code WBD.
Abundant Mines - Bitcoin mining made simple.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Patrick Witt: https://x.com/patrickjwitt
Chapitres (9)
AI Is Stealing Bitcoin’s Miners. Bitcoin Wins | Harry Sudock
“We have approximately 2% market penetration of AI tools. That was all it took to sell out the entire planet’s compute.” Harry Sudock, Chief Business Officer at CleanSpark, returns to discuss why Bitcoin miners …
Notes de l’épisode
“We have approximately 2% market penetration of AI tools. That was all it took to sell out the entire planet’s compute.”
Harry Sudock, Chief Business Officer at CleanSpark, returns to discuss why Bitcoin miners are moving into AI and why that could make Bitcoin stronger. We get into the economics driving the shift, what it means for mining decentralisation, and why Harry believes demand for AI compute is only getting started.
We also discuss the backlash against AI data centres, including concerns about electricity prices, water consumption and noise. Harry explains why he believes building more power could lower energy bills, how data centers can benefit local communities, and why he would start an energy company today.
Sponsors:
Ledn - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BitGo - Secure your Bitcoin with institutional grade security.
Bitkey - Get 10% off the new Bitkey wallet with code WBD.
AnchorWatch - Insured Bitcoin custody, security & inheritance. Book a consultation:
https://www.anchorwatch.com/wbd
Cape - Get 33% off your first six months with code WBD.
Abundant Mines - Bitcoin mining made simple.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Harry Sudock: https://x.com/harry_sudock
Chapitres (5)
The Plan to Make Bitcoin Private | Misha Komarov & Clara Shikhelman
“Imagine tomorrow you hear that the US government started putting Bitcoin on their balance sheet. Guess what happens next? Everybody tries to front-run it. Everybody and their mother tries to front-run it.” …
Notes de l’épisode
“Imagine tomorrow you hear that the US government started putting Bitcoin on their balance sheet. Guess what happens next? Everybody tries to front-run it. Everybody and their mother tries to front-run it.”
Misha Komarov and Clara Shikhelman of [[alloc] init] join me to discuss Shielded Bitcoin, their plan to make Bitcoin private.
We get into how Bitcoin PIPEs use witness encryption to lock Bitcoin behind a cryptographic proof, how a shielded transaction actually works, why you leave with someone else’s deposit rather than your own, and what it would cost compared with a normal transaction.
We also discuss why governments and institutions will need privacy, whether brand new cryptography can be trusted with billions of dollars, how the team plans to pay people to break it, and why they wouldn’t be comfortable with large amounts in it today.
Finally, we get into whether Bitcoin’s resistance to change is a feature, whether soft forks are dead, why quantum resistance is a must-have upgrade, and the legal risks of building privacy tools after the Samourai Wallet case.
Sponsors:
Ledn - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BitGo - Secure your Bitcoin with institutional grade security.
Bitkey - Get 10% off the new Bitkey wallet with code WBD.
AnchorWatch - Insured Bitcoin custody, security & inheritance. Book a consultation:
https://www.anchorwatch.com/wbd
Cape - Get 33% off your first six months with code WBD.
Abundant Mines - Bitcoin mining made simple.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Misha Komarov:https://x.com/nemothenoone
Clara Shikhelman: https://x.com/ClaraShik
Chapitres (6)
Why Bitcoin Could Hit $500K in 2029 | James Lavish
“You have inflation, you better own assets.” James Lavish returns to discuss why America’s $40 trillion debt problem limits the Fed’s ability to fight inflation, and why Bitcoin still isn’t ripping. We get into …
Notes de l’épisode
“You have inflation, you better own assets.”
James Lavish returns to discuss why America’s $40 trillion debt problem limits the Fed’s ability to fight inflation, and why Bitcoin still isn’t ripping. We get into Kevin Warsh’s latest rate decision, how the war in Iran is feeding higher energy prices, and why raising rates could make the debt problem worse while cutting them could push borrowing costs higher.
We also discuss Bitcoin fatigue, the money flowing into AI and prediction markets, and why institutions are still moving slowly despite JPMorgan’s bullish long-term forecast. James explains why he believes the Bitcoin bottom is in, his base case of $400K–$500K in early to mid-2029, and why another major drawdown could follow the next bull market.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
James Lavish: https://x.com/jameslavish
Chapitres (8)
Bitcoin Will Eat the World’s Biggest Asset | Leon Wankum
“Your house isn’t getting more valuable. Your dollar’s becoming worthless.” Leon Wankum, real estate developer and author of Digital Real Estate, joins me to discuss why he believes Bitcoin will replace …
Notes de l’épisode
“Your house isn’t getting more valuable. Your dollar’s becoming worthless.”
Leon Wankum, real estate developer and author of Digital Real Estate, joins me to discuss why he believes Bitcoin will replace property as the world’s dominant store of value. We get into how homes became savings accounts, why rising house prices can hide currency debasement, and whether buying property still makes sense as a way to build wealth.
What happens when people stop treating houses as investments? We discuss the housing crisis, the difference between buying a home and saving in real estate, and how much of the wealth held in property could move into Bitcoin.
We also get into Bitcoin-backed mortgages, corporate Bitcoin treasuries, and why governments have so much at stake in keeping house prices high. Could Bitcoin make housing affordable again, and how long might that transition take?
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Leon Wankum: https://x.com/leonwankum
Chapitres
Chargement des chapitres…
Is Bitcoin Losing Its Miners to AI? | Nacho Pauls
“Our vision was one, his vision was different. Why would he stay?” Nacho Pauls, Chief Commercial Officer at OCEAN, joins me to discuss why Luke Dashjr and Mechanic left the company, the fallout from BIP110, and …
Notes de l’épisode
“Our vision was one, his vision was different. Why would he stay?”
Nacho Pauls, Chief Commercial Officer at OCEAN, joins me to discuss why Luke Dashjr and Mechanic left the company, the fallout from BIP110, and how the controversy cost the pool nearly half its hashrate. He gives his account of the internal disagreements, the painful split and what comes next.
We also get into why major Bitcoin miners are turning towards AI, and why Nacho believes the shift could actually strengthen Bitcoin.
How decentralised is Bitcoin’s mining industry? We discuss the influence of large pools and hardware manufacturers, the risks of government pressure, and why control over which transactions enter a block matters. We also get into stranded energy, the economics of staying competitive and the challenges miners face heading towards the 2028 halving.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Nacho Pauls: https://x.com/NachoPauls
Chapitres
Chargement des chapitres…
The Fight to Defend Bitcoin From AI | Rob Hamilton
"This doesn’t stop, it accelerates from here." Rob Hamilton returns to discuss the AI attacks on Bitcoin, the fallout from the Coldcard hack and the volunteers racing to find vulnerabilities before hackers do …
Notes de l’épisode
"This doesn’t stop, it accelerates from here."
Rob Hamilton returns to discuss the AI attacks on Bitcoin, the fallout from the Coldcard hack and the volunteers racing to find vulnerabilities before hackers do. He explains how the Bitcoin Red Team scanned around 650 codebases, flagging more than 10,000 potential issues, including 1,500 rated high or critical.
We discuss how a $1 AI scan helped Rob identify the Coldcard flaw, what the team found when it tested Bitcoin Core, and how AI is uncovering problems that security audits missed. Rob also explains why he expects the attacks to spread beyond Bitcoin.
We also get into what this means for self-custody, the risks of relying on a single hardware wallet, multisig, testing your backups and whether Bitcoiners really understand the systems protecting their life savings.
Finally, we discuss why some American AI models refused to help with the defensive work, how Chinese open models filled the gap, and why Rob sees attempts to restrict access to AI as a threat to freedom of thought.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Rob Hamilton: https://x.com/Rob1Ham
Chapitres
Chargement des chapitres…
The Debt Crisis Bitcoiners Aren’t Ready For | Avik Roy
“The people who bet right by being early to Bitcoin are the ones who get blamed.” Avik Roy returns to discuss why he believes America’s debt crisis is far worse than official forecasts suggest, and why …
Notes de l’épisode
“The people who bet right by being early to Bitcoin are the ones who get blamed.”
Avik Roy returns to discuss why he believes America’s debt crisis is far worse than official forecasts suggest, and why Bitcoiners shouldn’t assume they’ll be safe. We get into his 15-year warning, the risk of bank failures and inflation, and how governments could restrict access to Bitcoin or target those who hold it.
We also discuss self-custody, capital controls and the freedom to exit, before getting into Bitcoin treasury companies and whether their incentives align with shareholders.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Avik Roy: https://x.com/Avik
Chapitres
Chargement des chapitres…
Bitcoin’s Next Rally Could Break the Cycle | Eric Yakes
“The worst thing is to not own any of it.” Eric Yakes returns to discuss why he believes Bitcoin’s four-year cycle is breaking, why diminishing returns may not be inevitable, and how institutional and …
Notes de l’épisode
“The worst thing is to not own any of it.”
Eric Yakes returns to discuss why he believes Bitcoin’s four-year cycle is breaking, why diminishing returns may not be inevitable, and how institutional and nation-state demand could change the next rally. He explains why Bitcoin needs to become bigger and more liquid before its largest potential buyers can make meaningful allocations.
We also get into Bitcoin’s role as a hedge against debasement, the debate over money versus digital gold, and why Eric rejects the “private Bitcoin” pitch around Zcash. We finish with how AI could make Bitcoin’s scarcity more valuable, the security risks that concern him most, and why he still believes the biggest mistake is owning none.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Eric Yakes: https://x.com/ericyakes
Chapitres
Chargement des chapitres…
Why AI Needs Bitcoin to Survive | Dhruv Bansal
“Bitcoin feels alive, but not intelligent. And AI feels intelligent, but not alive.” Dhruv Bansal joins to discuss why AI may need Bitcoin to survive, why autonomous agents could choose Bitcoin over dollars and …
Notes de l’épisode
“Bitcoin feels alive, but not intelligent. And AI feels intelligent, but not alive.”
Dhruv Bansal joins to discuss why AI may need Bitcoin to survive, why autonomous agents could choose Bitcoin over dollars and stablecoins, and how earning Bitcoin to pay for their own resources could align them with human needs.
We also get into how Bitcoin could help rebuild a free and open internet, the problems with advertising and surveillance, and whether AI could accelerate hyperbitcoinization. Dhruv explores how Bitcoin and AI could give rise to a new form of digital life and why he sees an optimistic path for both.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Dhruv Bansal: https://x.com/dhruvbansal
Chapitres
Chargement des chapitres…
Operation Choke Point 2.0: The Fall of Silvergate | Alan Lane
“We experienced, as a percentage of deposits, the biggest bank run in history.” Alan Lane joins to discuss the fall of Silvergate, the bank run that followed FTX’s collapse, and how his team kept meeting …
Notes de l’épisode
“We experienced, as a percentage of deposits, the biggest bank run in history.”
Alan Lane joins to discuss the fall of Silvergate, the bank run that followed FTX’s collapse, and how his team kept meeting withdrawals as 70% of deposits left. He explains why he believed the bank could rebuild and what changed between surviving the run and deciding to close.
We also get into Operation Choke Point 2.0, why Alan believes Washington wanted the industry cut off from banking, and the failures of Silicon Valley Bank and Signature just days after Silvergate’s wind-down announcement.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
BITGO - Secure your Bitcoin with institutional grade security.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
Chapitres
Chargement des chapitres…
The Macro Shift That Could Send Bitcoin to $500K | Matt Cole
“You actually have the president and the Treasury working for Bitcoin because they’re working for a weaker dollar.” Matt Cole joins to discuss why he believes America’s debt crisis leaves the government with …
Notes de l’épisode
“You actually have the president and the Treasury working for Bitcoin because they’re working for a weaker dollar.”
Matt Cole joins to discuss why he believes America’s debt crisis leaves the government with few good options, how rising bond yields could force the Treasury and Fed to intervene, and why a weaker dollar could fuel Bitcoin’s next bull market.
We also get into why AI could create abundance without generating enough tax revenue to fix the debt problem, his case for $500K Bitcoin by 2030, and whether Bitcoin is entering a supercycle.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation: https://www.anchorwatch.com/wbd
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
EXPAT MONEY - Build your Plan B. Explore second residencies, citizenship and offshore wealth protection.
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
Matt Cole: https://x.com/ColeMacro
Chapitres
Chargement des chapitres…
How AI Could Take Bitcoin to $1 Million | Jordi Visser
“I think everyone is underestimating the speed of AI.” Jordi Visser joins the show to discuss why he believes AI could trigger a major shift in global wealth, weaken the investment appeal of stocks and real …
Notes de l’épisode
“I think everyone is underestimating the speed of AI.”
Jordi Visser joins the show to discuss why he believes AI could trigger a major shift in global wealth, weaken the investment appeal of stocks and real estate, and create a new bull case for Bitcoin. He explains why wealthy investors haven’t needed Bitcoin yet, and how AI’s deflationary effects could change that.
We also get into whether AI is a bubble, how agents and tokenization could transform finance, and why Big Tech may struggle to maintain its dominance.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
Jordi Visser: https://x.com/jvisserlabs
Chapitres
Chargement des chapitres…
America’s Debt Problem Is Bitcoin’s Bull Case | Andy Constan
“The things they need to do to bring inflation down are just too painful for them.” Andy Constan returns to discuss why he thinks politicians will keep running large deficits, how inflation can shift the cost …
Notes de l’épisode
“The things they need to do to bring inflation down are just too painful for them.”
Andy Constan returns to discuss why he thinks politicians will keep running large deficits, how inflation can shift the cost of America’s debt onto savers and future generations, and why that creates a bull case for Bitcoin.
We also get into how institutions decide whether to own Bitcoin, why its volatility and weak correlation with gold keep Andy on the sidelines, and whether a US debt collapse is inevitable. Andy explains why bonds look more attractive to him today, what it would take to bring inflation down, and whether AI could change America’s debt outlook.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Andy Constan: https://x.com/dampedspring
Chapitres
Chargement des chapitres…
The Biggest Lie in Economics | Peter St Onge
“You don’t need inflation for anything whatsoever. It’s essentially a counterfeiting cartel.” Peter St Onge returns to discuss why he believes 2% inflation is a scam, how central banks transfer wealth from …
Notes de l’épisode
“You don’t need inflation for anything whatsoever. It’s essentially a counterfeiting cartel.”
Peter St Onge returns to discuss why he believes 2% inflation is a scam, how central banks transfer wealth from savers to governments and Wall Street, and why technological progress should be making life cheaper.
We also get into Austrian economics, his argument that the Fed causes the recessions it then tries to fix, and America’s growing debt problem. Peter explains why he thinks the AI bubble still has room to run, how he uses Bitcoin as a place to park profits, and what could bring money back from AI into Bitcoin.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
Peter St Onge: https://x.com/profstonge
Chapitres
Chargement des chapitres…
Capitalism Is Dead: The Rise of the AI Surveillance State | Erik Cason
“I think the primary product that they’re the most interested in selling is AI psychosis.” Erik Cason returns to discuss why he believes American capitalism has already ended, how AI could accelerate the rise …
Notes de l’épisode
“I think the primary product that they’re the most interested in selling is AI psychosis.”
Erik Cason returns to discuss why he believes American capitalism has already ended, how AI could accelerate the rise of the surveillance state, and why owning your own AI could become as important as holding your own Bitcoin.
We also get into AI dependence, his warning of a “digital 9/11”, the competition between Chinese open models and American AI companies, and the personal AI system he’s building. Erik explains how Bitcoin and cryptography fit into this future, and why Bitcoin could become essential for paying for AI when governments restrict access.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Erik Cason: https://x.com/Erikcason
Chapitres
Chargement des chapitres…
AI Came for Bitcoin First | Jameson Lopp
"The rest of the world, of course, should always have been paying attention to Bitcoin, but they should be paying attention to it for a very different set of reasons now because they’re next.” Jameson Lopp …
Notes de l’épisode
"The rest of the world, of course, should always have been paying attention to Bitcoin, but they should be paying attention to it for a very different set of reasons now because they’re next.”
Jameson Lopp returns to discuss how AI is accelerating the race between hackers and defenders, what the Coldcard and Liquid hacks reveal about Bitcoin security, and why he sees Bitcoin as the canary in the coal mine for other industries.
We also get into hardware wallets, multisig and protecting life-changing amounts of bitcoin, the risks of KYC leaks and physical attacks, and what Jameson learnt from talking to scammers and interviewing North Korean applicants trying to get jobs at Casa.
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Jameson Lopp: https://x.com/lopp
Jameson Get's Swatted: https://www.youtube.com/watch?v=yCWJY8olZHU
Chapitres
Chargement des chapitres…
Can AI Actually Grow America Out of Its Debt? | Jeff Ross
“I think AI is officially too big to fail.” Jeff Ross returns to discuss why he expects an AI-led manufacturing boom in the US and how rising productivity could help America grow its way out of debt. We also …
Notes de l’épisode
“I think AI is officially too big to fail.”
Jeff Ross returns to discuss why he expects an AI-led manufacturing boom in the US and how rising productivity could help America grow its way out of debt.
We also get into why AI-driven deflation could benefit people but threaten a debt-based monetary system, and why the government may eventually have to backstop the AI buildout with QE or yield curve control.
• - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
THANKS TO OUR SPONSORS:
LEDN - Explore Bitcoin-backed loans and get 0.25% off your first loan.
SWAN - Buy Bitcoin, Build Wealth. Discover Swan’s Bitcoin products for individuals and businesses.
ANCHORWATCH - Insured Bitcoin custody, security & inheritance. Book a consultation:
BITKEY - Get 10% off the new Bitkey wallet with code WBD.
CAPE - Get 33% off your first six months with code WBD.
• - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Jeff Ross: https://x.com/FormerDrJeff
Chapitres
Chargement des chapitres…
The US Is Long-Term Insolvent | Lyn Alden
“We don’t really have the tools to deal with fiscal-driven inflation.” Lyn Alden returns to discuss why the US is entering deeper fiscal dominance, what the Treasury’s recent buybacks signal, and why America’s …
Notes de l’épisode
“We don’t really have the tools to deal with fiscal-driven inflation.”
Lyn Alden returns to discuss why the US is entering deeper fiscal dominance, what the Treasury’s recent buybacks signal, and why America’s growing debt and $2 trillion deficits are changing what monetary policy can actually achieve.
We discuss the increasingly K-shaped economy, why developed markets are beginning to take on characteristics once associated with emerging markets, and why Lyn believes this macro environment could persist well into the 2030s.
Lyn also explains why she believes Bitcoin is increasingly well positioned for the years ahead, why capital could rotate out of the AI trade, and what would need to happen for Bitcoin to enter a stronger bull market.
• - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
THANKS TO OUR SPONSORS:
• - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Lyn Alden: https://x.com/LynAldenContact
Chapitres
Chargement des chapitres…
Bitcoin & the $40 Trillion Debt Reckoning | Nik Bhatia
“There is a reckoning. There is a point at which something has to be addressed.” Nik Bhatia returns to get into America’s $40 trillion debt problem, why the real danger is the share of tax revenue being …
Notes de l’épisode
“There is a reckoning. There is a point at which something has to be addressed.”
Nik Bhatia returns to get into America’s $40 trillion debt problem, why the real danger is the share of tax revenue being consumed by interest, and how continued Treasury bill issuance could eventually trigger stress in the repo market and force the Fed to intervene.
We discuss whether Treasury buybacks helped drive Bitcoin’s recent 20% rally, why the UK, France and Japan may face major monetary intervention before the United States, and how Washington is attempting to reclaim control of the offshore dollar system. Is the world entering a new kind of financial war?
Nik also explains why he believes Bitcoin’s bottom is in but the next bull market has not yet begun, what his liquidity indicators are signalling, and why the bond market could determine Bitcoin’s next major move.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Nik Bhatia: https://x.com/timevalueofbtc
The Bitcoin Layer: https://www.youtube.com/c/TheBitcoinLayer
Chapitres
Chargement des chapitres…
The Everything Rally Is About to Begin | Joe Carlasare
“You could have a massive cycle here this time around that will shock people.” — Joe Carlasare Joe Carlasare is a commercial litigator, Bitcoiner and author of Unconfiscatable. In this interview, we discuss why …
Notes de l’épisode
“You could have a massive cycle here this time around that will shock people.” — Joe Carlasare
Joe Carlasare is a commercial litigator, Bitcoiner and author of Unconfiscatable.
In this interview, we discuss why he believes the Bitcoin bottom is in, how the recent drawdown changes Bitcoin’s risk profile, and why a move above $100K could trigger the next major cycle.
We also discuss institutional adoption, the future of the four-year cycle, Bitcoin-backed banking and credit, Treasury buybacks, fiscal dominance, AI investment, structural inflation and why Joe is bullish on the economy, markets and Bitcoin.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Joe Carlasare: https://x.com/JoeCarlasare
Chapitres
Chargement des chapitres…
Bitcoin Will Never Have Another 80% Crash | Eric Yakes
“Everything’s structurally changed.” Eric Yakes is back on the show to explain why Bitcoin may never suffer another 80% crash, and why the recent 50% drawdown could prove that the four year cycle is finally …
Notes de l’épisode
“Everything’s structurally changed.”
Eric Yakes is back on the show to explain why Bitcoin may never suffer another 80% crash, and why the recent 50% drawdown could prove that the four year cycle is finally dead.
We discuss whether yield curve control has arrived under another name, why Bitcoin is becoming a hedge against monetary debasement and the potential for a great rotation out of AI and gold and why gold could reach $10,000 while Bitcoin runs from $80,000 to $800,000.
Eric also gets into how the US push for stablecoins could unintentionally accelerate Bitcoin adoption, why stablecoins may provide the route to hyperbitcoinization, how Bitcoin could become the world’s most valuable collateral and why fractional reserve banking might actually help Bitcoin win.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Eric Yakes: https://x.com/ericyakes
Chapitres
Chargement des chapitres…
The Plan to Put Bitcoin in Every Conversation | Seth For Privacy
“Your conversations and your money should not have to live in totally separate places.” Seth for Privacy is the COO of Cake Wallet and Radar, a Signal-compatible messenger combining encrypted conversations with …
Notes de l’épisode
“Your conversations and your money should not have to live in totally separate places.”
Seth for Privacy is the COO of Cake Wallet and Radar, a Signal-compatible messenger combining encrypted conversations with self-custodial Bitcoin payments. In this episode, he explains why the next wave of Bitcoin adoption may begin inside an everyday messenger—not a standalone wallet.
We discuss how Radar makes sending Bitcoin feel as natural as sending a message, why Spark made that experience possible, and the challenge of combining simple UX, privacy and self-custody at scale. Seth also breaks down Radar’s connection to the Signal network, its plans for fiat top-ups and stablecoins, and why compromising someone’s phone can defeat even the strongest encryption.
We also get into Zcash’s historic counterfeiting vulnerability, Monero’s privacy model, Bitcoin privacy and how Silent Payments, PayJoin and better developer tools could make private, self-custodial Bitcoin practical for everyday users.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Seth for Privacy: https://x.com/sethforprivacy
Chapitres
Chargement des chapitres…
The Coldcard Disaster: Everything You Need to Know | Lloyd Fournier & Nick Farrow
“They’re saving all their money in Bitcoin and they’re doing all the right things. They’re self-custodying it. And then overnight, it’s just gone.” Frostsnap’s Lloyd Fournier and Nick Farrow join me to break …
Notes de l’épisode
“They’re saving all their money in Bitcoin and they’re doing all the right things. They’re self-custodying it. And then overnight, it’s just gone.”
Frostsnap’s Lloyd Fournier and Nick Farrow join me to break down the catastrophic Coldcard vulnerability that made supposedly secure Bitcoin keys guessable and allowed attackers to drain more than 1,700 BTC without ever touching the devices.
We discuss how a five-year failure in Coldcard’s randomness generation went undetected, why every safeguard failed and the role AI played in discovering and exploiting the bug. Nick also explains how he reproduced the attack himself, what the on-chain evidence reveals about the attackers and why this has shaken trust in Bitcoin self-custody.
We also get into whether hardware wallets are really trusted third parties, the limitations of dice rolls and air gaps, how Dark Skippy can leak a seed through a single transaction and why single-signature custody may need to change.
Finally, Lloyd and Nick explain how Frostsnap uses distributed key generation and threshold signatures to remove single points of failure, simplify recovery and secure Bitcoin across multiple locations.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Lloyd Fournier: https://x.com/LLFOURN
Nick Farrow: https://x.com/utxoclub
Chapitres
Chargement des chapitres…
Bitcoin Is Running Out Of Sellers | Checkmate
“The reason it goes up is because you get to seller exhaustion. No one wants to sell anymore.” Checkmate is a Bitcoin analyst and founder of Checkonchain. In this episode, he explains why Bitcoin may be …
Notes de l’épisode
“The reason it goes up is because you get to seller exhaustion. No one wants to sell anymore.”
Checkmate is a Bitcoin analyst and founder of Checkonchain. In this episode, he explains why Bitcoin may be entering the final stage of the bear market, even after $8.2 billion of ETF outflows, Strategy selling, the Coldcard attack and the failure of BIP110.
We discuss whether $58k marked the bottom, why a fall to $45k would inflict damage comparable to the brutal 2015 bear market, and the key levels that would signal Bitcoin is turning bullish again. We also get into the massive accumulation between $58k and $78k, why bull markets begin before the narrative arrives, whether the parabolic phase of the AI trade is over, and why money printing will eventually bring investors back to Bitcoin.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Checkmate: https://x.com/_Checkmatey_
Chapitres
Chargement des chapitres…
Bitcoin vs Wall Street | American HODL, Junseth & Erik Cason
“We’ve already fucking won.” Bitcoin went from a weird internet experiment to an asset that Wall Street, corporations and governments can no longer ignore. But as the suits pile in, is Bitcoin losing the …
Notes de l’épisode
“We’ve already fucking won.”
Bitcoin went from a weird internet experiment to an asset that Wall Street, corporations and governments can no longer ignore. But as the suits pile in, is Bitcoin losing the culture that made it matter?
Recorded live at PubKey in New York City, American HODL, Junseth and Erik Cason & Thomas Pacchia are on the show for an unfiltered conversation about Bitcoin’s conquest of Wall Street, why everyone still thinks they’re late, the promise of $100 million Bitcoin and whether Bitcoin needs a new narrative.
We also discuss the rise of Bitcoin treasury companies, building businesses with AI, escaping economic nihilism, individual sovereignty and why prosperity remains Bitcoin’s true killer app.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
American HODL: https://x.com/americanhodl8
Erik Cason: https://x.com/Erikcason
Thomas Pacchia: https://x.com/tpacchia
Chapitres
Chargement des chapitres…
AI Is About to Split Society in Two | Zack Shapiro
“The people who are truly productive are going to be on a rocket ship.” AI is about to split society in two: those who learn to command it and those whose value it destroys. Zack Shapiro, Head of Policy at the …
Notes de l’épisode
“The people who are truly productive are going to be on a rocket ship.”
AI is about to split society in two: those who learn to command it and those whose value it destroys.
Zack Shapiro, Head of Policy at the Bitcoin Policy Institute, explains why AI could dismantle the traditional white-collar career ladder while creating millions of millionaires. He argues that judgment, agency and decisive thinking will become exponentially more valuable, while simply working hard may no longer be enough.
We discuss why most people are using AI incorrectly, how it could transform law and business, whether mass unemployment and universal basic income are coming, and why Zack believes there is a 15% chance AI could wipe out humanity.
We also explore the battle between technological abundance and authoritarian control, why autonomous AI agents may naturally choose Bitcoin, the future of the CLARITY Act, protections for Bitcoin developers, and whether America will ever meaningfully build a Strategic Bitcoin Reserve.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/\_DannyKnowles
Zack Shapiro: https://x.com/zackbshapiro
Chapitres
Chargement des chapitres…
The $1 Trillion Bitcoin Loan Market Is Coming | Mauricio Di Bartolomeo
“There’s no balance sheet in the world that can cough up a trillion dollars.” In this episode, Mauricio Di Bartolomeo explains why he believes Bitcoin-backed loans could become a $1 trillion market within the …
Notes de l’épisode
“There’s no balance sheet in the world that can cough up a trillion dollars.”
In this episode, Mauricio Di Bartolomeo explains why he believes Bitcoin-backed loans could become a $1 trillion market within the next five to ten years, and why traditional lender balance sheets cannot finance that growth alone.
Mauricio breaks down Ledn’s $188 million Bitcoin-backed securitisation, the significance of its investment-grade senior notes, and how institutional capital could transform Bitcoin lending into a global credit market. He also explains partial liquidations, auto top up, tokenised gold and the potential for hybrid Bitcoin-and-gold collateral.
The conversation also explores the hidden risks behind “no-liquidation” loans, why cheaper borrowing can conceal dangerous counterparty risk, and whether parts of the industry are repeating the mistakes that preceded the last crypto credit collapse.
We also get into the ongoing changes in Venezuela following Maduro’s capture, the devastation caused by the La Guaira earthquakes, and why he believes the country may finally have an opportunity to rebuild.
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Mauricio Di Bartolomeo: https://x.com/cryptonomista
Chapitres
Chargement des chapitres…
The Data Says Bitcoin’s Bottom Is Already In | Mitchell Askew & John Haar
“I would give myself 95% confidence that the bottom is in.” Mitchell Askew and John Haar are on the show to get into whether Bitcoin’s price bottom is already in, and why this drawdown looks different. In this …
Notes de l’épisode
“I would give myself 95% confidence that the bottom is in.”
Mitchell Askew and John Haar are on the show to get into whether Bitcoin’s price bottom is already in, and why this drawdown looks different.
In this episode we discuss the disconnect between record global liquidity and a Bitcoin price that has fallen 50%, the selling by OG holders, miners pivoting toward AI, and the potentially self-fulfilling nature of the four-year cycle. Selling pressure is becoming exhausted and we're now facing time pain, not price pain.
We also get into AI stealing Bitcoin’s bull run, what could force capital rotation, the future of Strategy and MetaPlanet, why blow-off tops and 75% drawdowns may be disappearing, and how Bitcoin mining is changing as major operators move into AI.
*Note, this was recorded before the recent Coldcard vulnerability. For more info watch this… https://youtu.be/rf-9rf93OpE
THANKS TO OUR SPONSORS:
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles
Mitchell Askew: https://x.com/MitchellAskew
John Haar: https://x.com/jhaarblockware
Chapitres
Chargement des chapitres…
Voici les 40 derniers épisodes sur 225. Les épisodes plus anciens se trouvent dans le flux du podcast.
Podcasts similaires
Plus de podcasts : Technologies
C’est votre podcast ?
Confirmez-le avec une entrée dans votre flux : vous recevez ici un code, vous l’ajoutez comme podcast:txt dans le canal de votre flux, et nous le vérifions. Votre podcast apparaît ensuite comme « vérifié » sur SoundNode.