Bitcoin transaction fees have collapsed to near-zero levels despite BTC hitting new highs. Will Owens from Galaxy Digital breaks down the data showing "free blocks" and what this means for miners and the network's long-term sustainability.
32 min
77
BONUS EPISODE: Consensus & Core w/ Antoine Riard
35 min
78
The Tornado Cash Trial, Explained
Reporter David Morris breaks down the Tornado Cash trial, Roman Storm's conviction on money transmission charges, and what this means for crypto privacy and open source developers going forward.
53 min
79
We're in a Recession on TikTok, But Not in the ...
Stocks are soaring but TikTok is calling recession. The hosts examine viral recession indicators vs hard economic data to see if we're heading for downturn or if it's just vibes-based panic in 2025.
41 min
80
The Economic Case for Bitcoin Treasury Companies
Steven Lubka explains "paper bitcoin summer" - how treasury companies use regulatory arbitrage to efficiently acquire Bitcoin through capital markets, creating leveraged Bitcoin exposure for investors who can't directly buy BTC.
54 min
81
Comply or Die: Privacy or Palantir
Tornado Cash developer Roman Storm found guilty of operating unlicensed money transmitter. Meanwhile, Peter Thiel's fund raises $353M for surveillance-friendly stablecoin sidechain. Privacy devs criminalized while compliant chains get funded.
28 min
82
Can Bitcoin Go Negative? How Bitcoin Futures Co...
Matt Wraith, CTO of Bitnomial, breaks down Bitcoin futures markets, fork futures trading, and quantum computing risks. Deep dive into physical delivery, market mechanics, and how chain splits create unique trading opportunities.
59 min
83
How Bitcoin Treasuries Will Cause The Next Bear...
Charlie & Colin expose how Bitcoin treasury companies mirror 1929 investment trusts, creating overleveraged positions that could trigger the next bear market through forced selling and debt spirals.
35 min
84
Bitcoin Needs Self Custody To Survive
Casa CEO Nick Neuman argues Bitcoin needs self-custody adoption to survive long-term. Without transaction fees from edge users, mining could become unprofitable, risking network security and potentially forcing protocol changes.
36 min
85
Saylor Is Lapping The Bitcoin Treasury Competition
Analyzing MicroStrategy's new preferred stock strategy that requires $400M in annual dividends while their core business only generates $111M in revenue. Are Bitcoin treasury companies creating a bubble?
36 min
86
Bitcoin Isn’t Changing And That’s A Bad Thing
James O'Beirne discusses Bitcoin development challenges, the CTV soft fork controversy, and why protocol upgrades have stalled. He explains the community response to his developer letter and Bitcoin's ossification risks.
59 min
87
The US Government Is Hiding It's Bitcoin Stash
Investigative journalism reveals US Marshals hold only 29K Bitcoin, not 200K as widely believed. We explore the difference between seized vs forfeited assets and why government Bitcoin tracking is so confusing.
23 min
88
Where Does Bitcoin Peak This Cycle?
Bitcoin soars past $122K flipping Amazon's market cap. Charlie and Colin analyze price predictions from $150K-$400K, discuss the Mayer Multiple indicator, boomer ETF flows, and whether the 4-year cycle still holds in this bull market.
39 min
89
Who Moved 80,000 BTC?
80,000 Bitcoin from 2011 moves sparking conspiracy theories. Elon breaks from Trump, announces America Party with Bitcoin focus. BTC hits $117K all-time high amid political drama and market chaos.
34 min
90
Why tokens don't work (except for Bitcoin)
Gwart discusses the death of the fat protocol thesis, why DAOs became dysfunctional, and crypto's shift from public goods delusion to revenue-focused businesses. Plus thoughts on Bitcoin maximalism and Solana's pragmatic approach.
59 min
91
The Average American Bitcoin Owner Is Not Who Y...
Deep dive into the Nakamoto Project's survey of 3,500 Americans reveals surprising demographics about Bitcoin ownership, political leanings, and moral foundations of crypto holders vs non-holders.
47 min
92
Bitcoin Was Always Political w/ Casey Rodarmor
Casey Rodarmor discusses Bitcoin politics, ordinals/runes development, stablecoins, and his wild new project adding Chinese numerology and divination features to Bitcoin ordinals protocol.
26 min
93
Michael Saylor Wants You to Go Into Debt to Buy...
For this week’s Bitcoin Season 2 Writer’s Room, a news roundup that includes some terrible advice from the gigachad himself, and why bitcoin may soon count as an asset when you apply for a mortgage.
35 min
94
Putting Music On Chain w/ 0xBunzy
0xBunzy discusses how Bitcoin's limitations drive innovation in developer tools and censorship-resistant art storage.
23 min
95
The Great Bitcoin Treasury Bubble
Bitcoin treasury strategies are all the rage, but are they actually sustainable?
36 min
96
Bitcoin Has Stockholm Syndrome
Jeremy discusses his Miami Bitcoin office, building a staking platform directly into Bitcoin client, redesigning Bitcoin script entirely, CTV endorsement process, and why Bitcoin should make users feel dramatically more free on the day they start using it.
49 min
97
All Your Bitcoin Models Are Broken (But Really)
Charlie and Colin demolish every popular Bitcoin price model - stock-to-flow, rainbow charts, power law, and Metcalfe's law. Why they're all wrong and what might actually work this cycle.s
36 min
98
The NFT Market is Broken, Here's How To Fix It
Nick from Gamma explains how Bitcoin ordinals differ from traditional NFTs and introduces Signals - a platform solving the broken price discovery process that forces users to jump through ridiculous hoops just to buy digital collectibles.
49 min
99
Bitcoin Has a Wrench Attack Problem
Crypto kidnappings & "wrench attacks" are surging globally. Charlie & Colin break down real cases, from Ledger CEO torture to NYC penthouse hostage drama, plus essential security tips to protect yourself from physical Bitcoin theft.