Rusty Russel: Free Software, The Lightning Network, & Micropayments - Bitcoin with Jake #74

This will be the final episode of Bitcoin With Jake. What a journey it has been! Listen in for a review of my journey so far, the good, the bad, and what's in store for the future. My new business is The Bitcoin Adviser My new twitter is @JakeBTCAdviser As always please reach out if there is anything I can do to help Best, Jake

"... We will run our race and people will wake up to these things later on, eventually." - Mauricio Di Bartolomeo BWJ 080: I sat down with Mauricio Di Bartolomeo from Venezuela. He has a background as an entrepreneur & co-founded Savings and Credit products built for Bitcoin with Ledn. In this episode you will learn about: 2:10 Finding the Bitcoin solution 8:17 President Chavez changed Venezuela 17:36 Government intervention 28:58 Origin of Ledn 33:29 Why Ledn exists 39:38 Management of risk 44:33 Learnings as an entrepreneur This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠⁠⁠⁠⁠⁠Orange Pill App⁠⁠⁠⁠⁠⁠⁠⁠ -> Learn more: ⁠⁠⁠⁠on YouTube⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠on Podcast⁠⁠⁠⁠⁠⁠⁠⁠ Australian BTC only exchange - ⁠⁠⁠⁠Hardblock⁠⁠⁠⁠ -> Learn more: ⁠⁠⁠⁠⁠on YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠on Podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠ Relevant links: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@cryptonomista on Twitter ⁠@hodlwithledn on Twitter ⁠Website: ⁠⁠ledn.io Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... Markets are a collection of all of our human decisions." - James Check BWJ 079: I was joined by James Check this week. He's the creator of checkonchain.com and Lead On-Chain Analyst for Glassnode, who provide financial metrics, charts, data & insights for Bitcoin and other digital assets. In this episode you will learn about: 1:44 Becoming fixated on Bitcoin 5:31 Civil Engineering crash course 11:22 Market psychology & Technical Analysis 19:18 Educating through content creation 22:30 Analytics vs Forensics 25:49 Market cycles 32:19 Bitcoin adoption 35:29 Fan question from @MichaelDunwort1 42:32 Trading & investing 44:58 Lightning Network analytics 47:52 Does on-chain analytics have value? 52:14 BTC in the next 2 years This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠⁠⁠⁠⁠Orange Pill App⁠⁠⁠⁠⁠⁠⁠ -> Learn more: ⁠⁠⁠on YouTube⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠on Podcast⁠⁠⁠⁠⁠⁠⁠ Australian BTC only exchange - ⁠⁠⁠Hardblock⁠⁠⁠ -> Learn more: ⁠⁠⁠⁠on YouTube⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠on Podcast⁠⁠⁠⁠⁠⁠⁠⁠ Relevant links: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@_Checkmatey_⁠⁠⁠⁠⁠⁠⁠ on Twitter @glassnode on Twitter ⁠Website: ⁠checkonchain.com Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... Now everywhere I look, there's Bitcoin teachings." - Eric Podwojski BWJ 078: This week I spoke with Eric Podwojski who previously worked for Bitcoin Magazine but is now building Bitcoin Talent Co, who are a recruitment company for BTC-only companies and Bitcoiners. In this episode you will learn about: 1:34 Slow drip orange-pilled 5:03 Bitcoin & banking 7:41 Jurisdictional arbitrage 11:44 Origin of Bitcoin Talent Co 16:03 Selling real estate vs ‘selling’ BTC 17:29 Bitcoin Talent Co business model 24:55 The future of the job market 26:20 Micro-tasks & micro-payments 30:16 Build your personal brand 34:34 Content monetisation 44:42 How Bitcoin changed his life 47:22 What excites him about the future This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠⁠⁠⁠Orange Pill App⁠⁠⁠⁠⁠⁠ -> Learn more: ⁠⁠on YouTube⁠⁠⁠⁠⁠⁠ or ⁠⁠on Podcast⁠⁠⁠⁠⁠⁠ Australian BTC only exchange - ⁠⁠Hardblock⁠⁠ -> Learn more: ⁠⁠⁠on YouTube⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠on Podcast⁠⁠⁠⁠⁠⁠⁠ Affiliates: Bitcoin Miami - 18/5/23 - ⁠⁠⁠⁠⁠purchase tickets here⁠⁠⁠⁠⁠ with discount code "Jake" Relevant links: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@epodrulz⁠⁠⁠⁠⁠⁠ on Twitter ⁠Website: Bitcoin Talent Co Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... I view it as is a very, very logical next step in the evolution of human civilization." - Andi Pitt BWJ 077: Andi Pitt has finance background and was on the trading floor at Goldman Sachs. Her investing experience and studies in development economics culminated in the founding of Bitcoin venture fund EgoDeathCapital, which supports founders in the BTC ecosystem. In this episode you will learn about: 1:36 Background in finance 5:45 Working at Goldman Sachs 13:28 Altcoin solutions didn’t make sense 16:02 Political economy & development economics 23:34 Origin of BTC venture fund EgoDeathCapital 26:56 Fan question 30:34 Supporting BTC ecosystem founders 36:21 How Bitcoin changed her 39:37 Spiritual wealth This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠⁠⁠Orange Pill App⁠⁠⁠⁠⁠ -> Learn more: ⁠on YouTube⁠⁠⁠⁠⁠ or ⁠on Podcast⁠⁠⁠⁠⁠ Australian BTC only exchange - ⁠Hardblock⁠ -> Learn more: ⁠⁠on YouTube⁠⁠⁠⁠⁠⁠ or ⁠⁠on Podcast⁠⁠⁠⁠⁠⁠ Affiliates: Bitcoin Miami - 18/5/23 - ⁠⁠⁠⁠purchase tickets here⁠⁠⁠⁠ with discount code "Jake" Relevant links: ⁠⁠⁠⁠⁠⁠⁠⁠@1AndiPitt⁠⁠⁠⁠⁠ on Twitter @EgoDeathCapital on Twitter Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... I wrote it in a way that you don't need an understanding of Bitcoin or any interaction with Bitcoin really." - Anil BWJ 076: I'm joined by Anil in a mini episode. He's the author of The Bitcoin Handbook, creator of free educational content and a writer for Bitcoin Magazine & Citadel 21. In this episode you will learn about: 1:36 Bitcoin Alive conference recap 4:33 Discovering Bitcoin 7:47 Transition to a new monetary system 10:22 Content creation 16:27 The Bitcoin Handbook 21:43 Angel investing in the BTC space 24:10 The future This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠⁠Orange Pill App⁠⁠⁠⁠ -> Learn more: on YouTube⁠⁠⁠⁠ or on Podcast⁠⁠⁠⁠ Australian BTC only exchange - Hardblock -> Learn more: ⁠on YouTube⁠⁠⁠⁠⁠ or ⁠on Podcast⁠⁠⁠⁠⁠ Affiliates: Bitcoin Miami - 18/5/23 - ⁠⁠⁠purchase tickets here⁠⁠⁠ with discount code "Jake" Relevant links: ⁠⁠⁠⁠⁠⁠⁠@anilsaidso⁠⁠⁠⁠ on Twitter Website: Teaching Bitcoin with visuals Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... Let me show you how you can earn so that you don't have to be hungry." - Okin BWJ 075: This week I spoke with Okin from Namibia. He's the host of the Off The Jump podcast and is bringing BTC education to Africa with consultation & services company OKIN Trading Enterprises. In this episode you will learn about: 1:48 His work before Bitcoin 3:37 Namibia insights 6:49 Consumer insights beer example 10:15 His orange-pill journey 16:55 Podcasting 2.0 24:41 His artist background 28:26 Value 4 Value streaming 31:18 EasySats education 35:45 Banking system in Namibia 42:51 Namibia’s currency problems 47:11 Is Bitcoin volatility an issue? 50:59 The future of OKIN.ent This episode was sponsored by: Bitcoin's social layer - ⁠⁠⁠Orange Pill App⁠⁠⁠ Learn the full backstory of Orange Pill App from the founder: ⁠⁠⁠On YouTube⁠⁠⁠ ⁠⁠⁠On Podcast⁠⁠⁠ Affiliates: Bitcoin Miami - Miami - 18/5/23 - ⁠⁠purchase tickets here⁠⁠ with discount code "Jake" Relevant links: ⁠⁠⁠⁠⁠⁠@OKIN_17⁠⁠⁠ on Twitter @EasySats_ on Twitter Website: ⁠OKIN.Ent Please support this free show: Donate to our ⁠⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... If something's really, really critical then you need to give someone all the pieces." - Rusty BWJ 074: Rusty has been paid to write free software for over 25yrs and was the first to implement a client for the Lightning Network. He currently works at Core Lightning & Blockstream. In this episode you will learn about: 1:48 Free software developer lens 2:57 An earlier solution to Bitcoin scalability 5:37 Difference between free & open-source 14:19 Crypto noise & Bitcoin’s value 22:01 Building layer 2 for “a huge under served market” 29:57 Differences to credit cards 31:47 How does he make money? 36:38 Developing the Lightning Network 39:40 Most heavily vetted software in history? 42:39 Fan question This episode was sponsored by: Bitcoin's social layer - ⁠⁠Orange Pill App⁠⁠ Learn the full backstory of Orange Pill App from the founder: ⁠⁠On YouTube⁠⁠ ⁠⁠On Podcast⁠⁠ Affiliates: Bitcoin Miami - Miami - 18/5/23 - ⁠purchase tickets here⁠ with discount code "Jake" Relevant links: ⁠⁠⁠⁠⁠@Rusty_Twit⁠⁠ on Twitter Website: Coding Blog Please support this free show: Donate to our ⁠⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... We both agree that there's a lot more of an impact for Bitcoin to have in the world." - Macrojack BWJ 073: With a background in traditional finance Macrojack shares his journey to Bitcoin. You can find his article "The Fiat Cave" on Substack. In this episode you will learn about: 4:45 Trained in traditional finance 8:20 Disconnect between Wall St & Main St America 13:16 A personal & global shift 16:23 Did he ever ask what is money? 19:45 The future on a BTC Standard 25:39 Opportunities in the Bitcoin space 31:37 Alternative investing vs Bitcoin 37:05 Generational Health 43:33 Writing “The Fiat Cave” 49:14 Life in Austin, Texas This episode was sponsored by: Bitcoin's social layer - ⁠Orange Pill App⁠ Learn the full backstory of Orange Pill App from the founder: ⁠On YouTube⁠ ⁠On Podcast⁠ Affiliates: Bitcoin Alive - Sydney - 15/4/23 - ⁠⁠⁠⁠purchase tickets here with discount code "Jake" & Bitcoin Miami - Miami - 18/5/23 - purchase tickets here with discount code "Jake" Relevant links: ⁠⁠⁠⁠@Macrojack⁠ on Twitter Website: ⁠The Fiat Cave Substack Please support this free show: Donate to our ⁠⁠⁠⁠Crowd-fund⁠⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠⁠@jakeeswoodhouse⁠⁠⁠⁠ Podcast Twitter: ⁠⁠⁠⁠@bitcoinwithjake⁠⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake

"... Bitcoin offers a myriad of different benefits that the current system doesn't." - Simon Collins BWJ 072: Learn about Bitcoin mining from Simon Collins. He has a background in Management Consulting & a PhD in 'market downturn resilience' which help him operate his mining operation Stackr in New Zealand. In this episode you will learn about: 1:36 First touch-points with Bitcoin 6:41 Hobbyist to professional 14:02 Electricity pricing in New Zealand 22:11 Political headwind 24:32 Texas case study 29:03 Management consulting 32:54 His PhD in resilience to bear markets 37:28 Competition between miners 42:03 The BTC community 46:24 Where does his conviction come from? 57:38 Bitcoin is pristine public infrastructure This episode was sponsored by: Bitcoin's social layer - Orange Pill App Learn the full backstory of Orange Pill App from the founder: On YouTube On Podcast Affiliates: Sydney AUS Bitcoin-only conference April 15th 2023 Code "JAKE" to get 10% off ⁠⁠⁠your tickets⁠⁠⁠! Relevant links: ⁠⁠⁠@SimonOCollins on Twitter Website: stackr.co.nz Please support this free show: Donate to our ⁠⁠⁠Crowd-fund⁠⁠⁠ on Geyser How else can you help? Rate Subscribe Share Get in touch: Personal Twitter: ⁠⁠⁠@jakeeswoodhouse⁠⁠⁠ Podcast Twitter: ⁠⁠⁠@bitcoinwithjake⁠⁠⁠ Thank you so much for taking the time and effort to support the show! Best, Jake