PBJ

0:00 - Intro, storms hitting SF, basketball 9:00 - Builder Lab launches with a rebuilt Buzz 24:00 - What’s holding back bitcoin payments at Square? 29:00 - NVIDIA turmoil and potential contagion for bitcoin 37:00 - Can AI infrastructure financing keep pace with demand? 42:00 - Anthropic’s IPO pitch and dependence on SpaceX 47:00 - Can frontier AI labs master hardware and energy? 56:00 - Comparing Anthropic and OpenAI’s paths to leadership 59:00 - Can recursive self-improvement overcome physical bottlenecks? 1:05:00 - Who controls runaway AI, and where China fits 1:09:00 - Google Glasses return: Can AI change adoption? 1:19:00 - Could AirPods be Apple’s strongest AI wearable? 1:22:00 - Building a prediction pool beyond binary bets 1:25:00 - Power breakthroughs, long-duration storage and offshore compute 1:29:00 - Reacting to reported flight disruptions and infrastructure risks

0:00 - Halloween, basketball, and the changing NCAA rules 7:04 - Block’s Dessa speech model: why sound more human? 12:56 - Do human-like AI interfaces put our agency at risk? 26:27 - Can private AI compete with subsidized frontier models? 36:02 - Could Mesh LLM make local AI pay for itself? 39:54 - Binance hack and hardware wallet supply-chain risks 47:59 - Rethinking bitcoin custody as AI attacks intensify 53:59 - Frozen stablecoin collateral exposes hidden risks in DeFi 58:45 - Why Google is entering crypto self-custody 1:05:18 - Why better technology hasn’t delivered bitcoin payment adoption 1:13:31 - Is online gambling finding real demand for Lightning? 1:18:08 - Square payments: fixing checkout friction and communicating rewards 1:25:57 - AI agents and services worth paying bitcoin for 1:27:27 - Could bitcoin naming work without scaling to everyone? 1:33:30 - Will AI chat interfaces control the internet? Show Notes: Dessa: https://block.xyz/dessa Mesh LLM: https://meshllm.cloud/ Spiral: https://spiral.xyz/ SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 - PBJ returns 1:01 - AGNTCon takeaways and Goose Development Kit demos 4:48 - Sig demo: bringing decentralized AI (Mesh LLM) and bitcoin to Signal 7:05 - Paying for AI inference with bitcoin over Lightning (Lexe, Alby) 16:14 - Mesh LLM as a buyer of unused GPU compute 23:44 - Privacy, security and liability in decentralized AI compute 28:15 - Can AI agents borrow bitcoin and access credit? 41:06 - Chamath's Bitcoin-to-zero warning and assessing the real risks 46:09 - How secure and resilient is Bitcoin Core against AI-discovered vulnerabilities? 52:23 - The mathematical risks AI poses to bitcoin and cryptography 1:04:14 - Why bitcoin faces unique cybersecurity and quantum risks 1:10:04 - Using AI to rethink Tesla, SpaceX and personal investing 1:16:16 - Tesla's Full Self-Driving and changing minds on Elon 1:20:00 - The long-term investment case for Tesla and SpaceX 1:24:05 - Creating professional presentations with Claude Design Show Notes: goose: https://goose-docs.ai/ Mesh LLM: https://meshllm.cloud/ Chamath on bitcoin: https://www.youtube.com/watch?v=kAwG9E1W_ME&t=6428s Claude reveals ECDSA curve origins: https://www.anthropic.com/research/ecdsa-curve-origins Project Loupe: https://www.projectloupe.org/

0:00 - Confirming DK's identity 2:10 - Naming Open Source AI, how about Open Superintelligence? 5:53 - Open weights, open source, and model transparency 12:02 - Why NVIDIA could make Open Superintelligence real 19:50 - Is bitcoin dying from AI and quantum? 24:56 - ECDSA, and bitcoin’s assumptions 31:55 - OpenAI math breakthroughs and mathematicians’ backlash 39:04 - Winning people over with useful AI demos 49:52 - Fresh addresses, Taproot, and public key risk 57:35 - Steve's visit to Chaincode Dialogues and post-quantum bitcoin 1:02:57 - Anthropic security scans and Project Loupe 1:10:37 - Ledger supply-chain attack and hardware wallet trust 1:14:30 - Personal agents, GrokBot, and AI wallets 1:21:05 - Agent loops, email access, and deterministic control 1:33:23 - Cash App whole-coiner financing and AI banks

0:00 - NCAA chaos and travel plans 4:06 - Deepfakes and proving identity (biometrics, signed video, Face ID) 12:07 - Key storage, social recovery and webs of trust 18:43 - Ideas for PBJ: AI fact-checkers, audience agents, live summaries 29:13 - Could an AI become PBJ’s fourth host (via Goose Development Kit)? 32:21 - What the White House AI accord actually does 37:18 - The problem with traditional audits for probabilistic AI systems 43:40 - america.gov and the AI ovethaul of government services 47:56 - Starlink’s path to becoming the internet 51:39 - Starlink’s (surprising) share of global internet capacity 58:42 - Starlink's centralization risk 1:08:48 - The future of the nation state 1:15:55 - Building agent economies with bitcoin 1:24:28 - Bitcoin for agent coordination and streaming inference payments Show Notes: White House Super Intelligence executive order: https://www.whitehouse.gov/presidential-actions/2026/09/inaugurating-the-era-of-super-intelligence AI-powered government services portal: https://america.gov/

0:00 - PBJ growth, consistency, and staying ad-free 12:42 - Why PBJ changed its tagline 15:00 - AI agents the users bitcoin was waiting for 18:36 - How x402 added bitcoin and Lightning support 32:44 - Getting agents and merchants to choose bitcoin 48:26 - Open USD and the new stablecoin power structure 58:47 - Meta, Muse, and who controls agent payments 1:02:25 - Why pitch Lightning instead of bitcoin 1:09:12 - Will agents further centralize the internet? 1:14:02 - Mesh LLM: peer-to-peer inference with bitcoin payments 1:19:02 - Could Signal use Mesh LLM for private AI? 1:25:01 - Bitcoin-style incentives for a decentralized compute market 1:28:45 - Should the internet distinguish humans from agents? 1:35:06 - The emerging permissionless web stack (Nostr Blossom) 1:37:43 - Trump’s “super intelligence” rebrand and AI policy SHOW NOTES: x402: https://block.xyz/inside/block-joins-the-x402-foundation-to-advance-open-agentic-commerce Open USD: https://x.com/openstandard/status/2103152613634293959 Radar: https://radar.particle.pro/

0:00 - How Buzz and GrokBot changed PBJ show prep 9:15 - Building a bitcoin-native agent with GrokBot 17:16 - Why agents will need bitcoin 19:08 - Integrating bitcoin payments into Mesh LLM 23:22 - Bitcoin vs stablecoins for agent payments (bitcoin's edge) 34:52 - Designing online services for agents 37:44 - Using GrokBot: building, personal assistant, convenience and security tradeoffs 43:39 - Passwords, 2FA and credentials for agents 56:55 - Why AI needs a new peer-to-peer internet 1:02:16 - Defining AGI, ASI and autonomous agency 1:05:50 - Who is liable for runaway agents? 1:16:28 - Can regulation keep up with frontier AI? 1:25:43 - AI hacking and the questions of agency and autonomy 1:31:01 - Spiral’s open-source AI film and interactive media ideas SHOW NOTES: https://meshllm.cloud/

0:00 - Special Thursday PBJ 0:59 - How Blockstream Liquid works and how it was hacked 6:57 - The strange (extortionate?) “white hat” twist 10:45 - AI security scanning and Liquid’s 'fix' that made things worse 12:50 - What the Liquid hack reveals about federations and custody 20:07 - How Blockstream plans to make Liquid users whole 26:08 - Open Source AI Summit takeaways 31:30 - Anthropic and the threat to open-source AI 39:51 - Open protocols for agents, identity and memory 43:32 - Vora reveals stunning private, local AI hardware SHOW NOTES: https://opensourceaisummit.org/ https://vora.io/

0:00 - Opening banter 0:40 - PBJ Topic Explorer 7:34 - Particle Radar brings AI search for the world’s podcasts 12:35 - Voya Energy's new approach to metal fuels for storage 23:25 - Nvidia doubles down on open-source AI (Hugging Face acquisition) 35:45 - Using GrokBot for long-horizon research 41:54 - Giving agents long-running goals 46:59 - New security risks and attack surfaces from trusting other agents 53:09 - Is Twitter or Cursor’s data more valuable? 1:03:50 - AI security investigations are getting harder 1:06:55 - Core Lightning vulnerabilities and disclosure dilemma 1:18:35 - How far ahead are frontier AI models? 1:23:36 - Building a market for cheap, spare compute 1:30:30 - Darkbloom’s decentralized (Mac) inference network SHOW NOTES: PBJ Topic Explorer: https://pbarchive.ai/topics/ Voya Energy: https://www.voya.energy/news/voya-energy-unveils-a-new-metal-fuels-energy-system-closes-35-million-series-a Darkbloom: https://www.darkbloom.dev/

0:00 - What's behind bitcoin's rally? 8:33 - Open Source AI Summit and questions for David Sacks 18:00 - Berd and Block’s growing stack of open-source AI agents 22:30 - Alby's TaskFuel simplifying payments for agents 30:14 - The missing credential layer for agents 36:46 - Making sense of Stripe’s OpenRouter acquisition 48:02 - What's OpenRouter’s moat? 52:50 - Apple, OpenAI and the battle for user intent 57:46 - Making the internet infinitely programmable 1:07:47 - BlackRock's new case for bitcoin 1:21:03 - What causes bitcoin’s four-year cycle? 1:26:25 - Strategy's notable resilience 1:30:49 - Is bitcoin becoming more centralized and how best to measure it? SHOW NOTES: https://opensourceaisummit.org/ https://www.blackrock.com/us/financial-professionals/literature/whitepaper/re-underwriting-bitcoin.pdf