Presidio Bitcoin Jam

0:00 Getting off Twitter, losing passwords, and staying up to date with Stackernews 4:30 Why we find the Strategy conversation interesting, and we will still cover basketball 7:11 Can MSTR blow up? Unpacking the claim that Saylor is a new SBF 13:34 What are the outcomes and probabilities of Bitcoin and MSTR's future 21:00 How much does bitcoin need to grow to support MSTR's credit products? 25:00 Is the biggest risk Coinbase and its custodians or esoteric DeFi demand? 32:15 What's the investment thesis of holding MSTR vs STRC? 41:40 Finding new products from the synthesis of old concepts 45:41 Using Proof of Work for hot tubs creates a security issue? 55:55 Bigger picture and putting into context the security budget for bitcoin 1:05:27 Is this a design flaw of bitcoin? 1:11:40 Underlying issue is we don't know what the annual security budget should be. 1:21:00 What are the attack vectors to Bitcoin from a non-economic actor, like a nation-state? SHOW NOTES: Transaction Fee Paper (Budish, 2024) https://socialsciences.uchicago.edu/sites/default/files/2024-09/Economic%20Limits%20Crypto%20Blockchains%20-%20QJE%20Sept%202024.pdf

0:00 Streaming in any language you want via https://babelagent.xyz/ 10:09 It used to be that if you left your job to study bitcoin. Now it's study vibecoding. 11:50 PBJ Podcast worth a MILLION dollars? 16:44 Okay, let's talk about bitcoin 17:24 Unpacking Bitcoin Core v31 21:12 Steve's top three highlights from Core v31. Feature 1: Embedded ASMAP 30:14 DK's security concerns and Anthropic Mythos model 31:16 Getting to Max's questions and other initiatives around node security 39:27 Feature 2: private transactions 47:47 Feature 3: cluster mempool & discussing block rewards vs fee. 58:22 Okay, what is cluster mempool, how it works, and why this could matter 1:01:56 Closing out the Bitcoin Core conversation and why it's important 1:03:22 Project Loupe, AI security scanning, to discover vulnerabilities in projects 1:13:26 This is important as bitcoin is the biggest honeypot for AI to hack 1:20:31 Another big release! Updates to LDK Server to ease building and operating an LSP 1:29:45 Steve's hot takes on the Lightning Network SNOW NOTES https://babelagent.xyz/ https://bnoc.xyz/

0:00 DK gets his band back together, Max shares old hip-hop remixes on Nostr, making music with AI 4:45 The experience of paying with bitcoin on CashApp has changed hearts and minds 12:41 Steve's old tipping idea resurfaces and passes something called the "toothbrush test" 16:30 Selling bitcoin? Saylor is exploring. What's the path for treasury companies? 25:02 Is STRC issuance tapped out? 35:32 What questions remain for STRC's future? 44:50 Are Central Banks a source of permanent demand, or is MSTR the next Terra Luna? 50:04 Okay, back to never selling bitcoin? 52:06 Hydration, electrolytes, staying healthy 55:46 Taking back control from DNS and owning your naming rights 1:06:48 The principles to unlock a solution for a single namespace & how bitcoin can help. 1:13:51 Unpacking DK's potential solution! 1:31:15 Block earnings were huge this quarter. Their transformation is bearing fruit. 1:39:45 Anthropic partners with xAI. Are the claims that Anthropic will be more valuable than Google in 18 months credible? - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 May Day, hitting the road for College Basketball, and WE'RE BACK on schedule 2:20 Let's start with Vegas and Block's new Bitkey. Can it help against wrench attacks? 13:44 Tap to pay & NFC payments on Square to trigger a CashApp bitcoin transaction 16:14 CashApp now offering 5% bitcoin back and enabling P2P Payments over bitcoin 18:16 River pioneered proof-of-reserves and liabilities; Block just followed suit 26:40 A new product from a traditional SF fintech, Aven, launched bitcoin-backed liquidity and cards. Similar to Surge, who's building at PB using a signer network and MPC. 29:50 Revisiting strategies and approaches to Bitcoin-based loans and liquidity 38:02 Strike being explored by Tether & XXI? What's the strategy here? 46:01 Saylor explaining STRC Stretch at Vegas. Steve's reveal next week! 47:53 Latest Hackathon at PB last weekend with Hack Nation AI. Over 5,000 applicants! 1:04:04 DK's favorite ₿uilder Event last week! Mesh LLM and Goose Perception 1:13:03 The age of caring about machine specs and capabilities is BACK! 1:14:59 Takeaways from AI conversations in SF: everyone switching to Open Source for economics & privacy 1:20:13 Frontier models taking over the world, being shut down by governments, or leaving for open source? 1:26:05 Max puts Steve on the spot: X Money using CashTags? 1:29:02 SF is so BACK! - SHOW NOTES: https://bitkey.world/ https://surge.build/ https://hack-nation.ai/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Schedule changes and personal updates 1:50 Hack-Nation AI Global Hackathon @ PB and Spiral’s bitcoin payments challenge 5:40 Lowering the barrier & reducing friction for builders new to bitcoin 8:55 Student outreach and Presidio Bitcoin as a bridge into bitcoin 11:25 Iran, Strait of Hormuz tolls, and bitcoin’s geopolitical use case 17:46 Settlement, unit of account, and bitcoin between adversaries 24:35 Bitcoin as neutral protocol and the analogy to internet rails 26:45 Anthropic and whether the sovereign individual thesis survives AI concentration/centralization 38:55 Corporate dependence on frontier models and the risk of model lock-in 55:54 The future of scarcity, defensibility, and startups as AI power concentrates 1:06:46 Presidio Bitcoin’s Quantum Readiness Report overview & what makes it special 1:15:48 Quantum response scenarios: orderly & emergency migration + break-glass planning 1:25:49 New quantum developments: Google AI, Lalu's recovery proof, QSB, and other interim mitigations 1:34:40 BIP-360, Taproot, and possible upgrade paths under accelerated quantum timelines - SHOW NOTES: Presidio Bitcoin's Quantum Readiness Report: https://github.com/presidiobtc/bitcoin-quantum/tree/main Report v1.0 PDF: https://github.com/presidiobtc/bitcoin-quantum/blob/main/presidio-bitcoin-quantum-readiness-v1-apr-2026.pdf Hack-Nation Global AI Hackathon: https://hack-nation.ai/ Strait of Hormuz bitcoin toll: https://bitcoinmagazine.com/politics/why-iran-wants-bitcoin-for-safe-passage-though-the-strait-of-hormuz Google Quantum AI Paper: https://quantumfrontiers.com/2026/04/09/unleashing-the-advantage-of-quantum-ai/ Lalu's Seed Phrase ZKP: https://groups.google.com/g/bitcoindev/c/Q06piCEJhkI?pli=1 Quantum Safe Bitcoin (QSB): https://github.com/avihu28/Quantum-Safe-Bitcoin-Transactions/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Opening banter and agenda setting 2:00 Google and Oratomic quantum papers & the “n minus one” framing 6:44 Quantum uncertainty: AI acceleration & s-curves 10:06 Preparedness planning and scenario-based bitcoin responses 11:52 Why government and corporate quantum timelines are misleading 15:12 Post-quantum signature tradeoffs: SHRINCS, SHRIMPS, and state 23:35 Why quantum is a harder problem for bitcoin than other technologies and orgs 30:57 Competing quantum narratives, incentives, and media hype 34:24 The new bitcoin faucet & Block’s teaser campaign 36:30 Square’s default bitcoin payments rollout and adoption friction 43:00 Tipping, UX constraints, and Lightning’s retail payment challenge 52:31 OpenAI’s TBPN acquisition and the strategic value of media distribution 59:50 Open-source AI & Google's Gemma 4 release 1:03:14 Block’s new mesh-llm and peer-to-peer compute 1:07:21 Open agent marketplaces, business models, and demand formation 1:22:40 Block’s corporate structure shift from "hierarchy to intelligence" and the “mini-agi” vision 1:32:55 Scheduling notes - no pod next Friday! Next pod Tuesday, April 14 - SHOW NOTES: Block's bitcoin faucet: https://btc.day/ Google's quantum paper: https://research.google/blog/safeguarding-cryptocurrency-by-disclosing-quantum-vulnerabilities-responsibly/ Oratomic quantum paper: https://arxiv.org/html/2603.28627v1 SHRIMPS: https://delvingbitcoin.org/t/shrimps-2-5-kb-post-quantum-signatures-across-multiple-stateful-devices/2355 Mesh-llm: https://www.anarchai.org/ Block's corporate structure shift: https://block.xyz/inside/from-hierarchy-to-intelligence - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Opening banter, Iowa State, and March Madness stakes 07:10 Coinbase’s Bitcoin-backed mortgage model 11:12 Who the Coinbase mortgage product is really for 20:58 Competitive implications for Bitcoin lending and housing finance 27:40 De minimis tax policy and the case for Bitcoin payments 31:27 STRC-backed stablecoins as regional savings products 37:10 Lexe’s launch and trusted-execution Lightning wallets 45:10 SDK design, experimentation, and the search for breakout use cases 52:46 Privacy limits in Base, Spark and stablecoin payments 01:02:20 Hong Kong’s decryption powers and the erosion of financial privacy 01:04:50 Stripe, open-source AI, and shifting infrastructure questions 01:12:52 Spiral’s AI criteria (low-level tools, protocols, and defensibility) 01:16:08 Peer-to-peer training networks and verifiable model provenance 01:20:13 Naming systems for agents and online resources - SHOW NOTES: Coinbase Mortgages: https://www.coinbase.com/blog/coinbase-powers-the-first-crypto-backed-conforming-mortgages-by-better Lexe Launch: https://blog.lexe.app/public-launch/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 March Madness and opening banter 06:30 Square’s latest Bitcoin payments rollout and the remaining merchant adoption hurdles 16:13 Bitcoin branding problems and the challenge of negative first impressions 21:30 Reframing the Bitcoin merchant pitch around Lightning, fee savings, and cleaner UX 26:00 Branding for Presidio Bitcoin, PBJ, and the tension between mission clarity and broader appeal 28:50 "Crypto" stigma in tech circles and potential counter-narratives for Bitcoin 36:31 Privacy coins, stablecoins, and open-source framing as rival narratives 43:10 Student visits, "yuppie-elite" skepticism, and the university awareness gap 49:03 What would make institutions and students pay more attention to Bitcoin? 56:51 Education, entrepreneurship, and AI-native alternatives to traditional schooling 01:03:40 Spending Bitcoin, monetary transition, and the long-run logic of better money 01:08:20 Tempo's Machine Payments Protocol (MPP) announcement, Lightning interoperability (via Lightspark), and cautious optimism around AI payments 01:12:30 Builder branding, Flint, and whether Bitcoin should lead or recede in the pitch 01:15:26 AI’s impact on FOSS, licensing, transparency, and software value 01:26:58 Spiral’s AI playbook, auditability, and the shift from FOSS to sovereignty - SHOW NOTES: Why The Yuppie Elite Dismiss Bitcoin: https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin Tempo's Machine Payments Protocol: https://stripe.com/blog/machine-payments-protocol - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Opening banter: Elon chocolate, Dipsea registration, and college basketball 9:55 New York PubKey ₿uilder event and Spiral retreat recap 12:35 Presenting agentic commerce and the case for Bitcoin payments 15:50 Agentic payments: open questions, hype vs reality 18:35 Hype vs reality in current agentic payment adoption 21:38 Consumer commerce as the clearest early use case 23:38 Ads, trust, and why LLM commerce may break the Google model 28:45 Yahoo, Google, and the economics of search monetization 34:56 Subscriptions, open models, and the future AI business model mix 45:00 Open-source AI: where the biggest gaps and opportunities may be 47:35 Linux, cloud infrastructure, and lessons for AI’s open stack 56:40 The open standard: open models, open hardware, and verifiable compute 1:02:32 Bitcoin-native rails for agent coordination, collateral, and payments 1:17:48 Meta, “performance art” agents, and the limits of current social AI 1:20:28 Voice interfaces, agent orchestration, and the future of work 1:35:02 Strategy’s STRC buying spree and Bitcoin-based yield demand 1:40:07 Bitcoin-based stablecoins from Utexo, Ark Labs, and Tether - SHOW NOTES: PubKey Podcast with Steve, Haley and Mat: https://www.youtube.com/watch?v=01NLHgBO-dM STRC Tracker: strc.live - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Presidio power outage almost cancels show & FSD catch-up 05:45 State of AI coding tools: Claude, Codex, Gemini, and workflow shifts 14:50 Writing, AI-dependence, and finding the right human-AI creative process 17:25 Career advice for students and why AI fluency is now paramount 21:54 PB as a hub for AI hackathon and bridging Bitcoin into broader builder culture 28:48 "Internet of earners" & Bitcoin-native microtask markets 33:17 Bootstrapping agent economies, hackathon design, and Bitcoin onboarding 37:45 Lightning infrastructure, open standards, and the case for broader access 41:07 Autonomous Lightning nodes and permissionless Bitcoin yield infrastructure 59:20 Comparing Claude, Gemini, Codex, and building multi-agent workflows 1:17:07 BPI’s AI monetary preferences study: Bitcoin vs. stablecoins 1:33:05 L402 directories and discovering agent-payable services 1:34:41 Kazakhstan, sovereign Bitcoin custody, and open questions for nation-state adoption SHOW NOTES: AI Hackathon: https://hack-nation.ai/ BPI Study - Which Money do AI Agents Prefer?: https://www.moneyforai.org/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 The Presidio Bitcoin Index 04:35 Haley’s raffle tool and the promise of vibe coding 09:00 OpenClaw Builder meetup attracting a huge non-Bitcoin audience 11:40 Jesse Posner’s presentation and the expanding AI vision behind Vora 16:17 Demand for personal agent hardware and secure local AI systems 22:20 Authentication, custody, and the unresolved security model for personal agents 26:41 Builder meetup takeaways & Bitcoin as background/hidden infrastructure 29:00 River’s adoption report, miner migration, and hash rate resilience amid AI demand 33:45 Lightning scaling tensions 43:00 Lightning usage metrics and the rise in settlement volume 50:34 Agentic payments, open-source agents, and the importance for neutral monetary rails 01:02:26 Unhuman domains and the growth of agent-first digital services 01:09:28 Chat as the dominant interface & the decline of traditional apps 01:13:02 Shoutout to Alby & their agent push 01:14:05 Stablecoin news: Stripe to acquire Paypal, Meta's return to stablecoins and Lightspark’s push to win stablecoin payments 01:20:29 Block layoffs and the broader trend of AI-driven restructuring 01:29:00 Corporate layoffs & entrepreneurial adaptation in an AI world - SHOW NOTES: River's adoption report: https://river.com/learn/files/river-bitcoin-adoption-report-2026.pdf Unhuman domains: https://www.unhuman.domains/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Studio reset and laying down the law after technical issues 1:25 Mardi Gras whiplash and escaping the SF tech/AI bubble 2:35 Post-AGI life, work, and the “permanent underclass” 7:40 Presidio Bitcoin Index teaser 9:45 What “open source” means in an agent world 12:15 Ideating agent-native GitHub 16:05 OpenClaw ₿uilder meetup (SF) and March ₿uilder NYC at PubKey 19:40 Hackathon takeaways: vibe-coding enabling mass participation, exponential tooling leaps, Replit skepticism 29:40 Agentic payments primer - defining the terms and framing the landscape 39:00 Stablecoin UX reality: chain/pair explosion, gas complexity, and interoperability painpoints 52:40 Lightning as a simplifier: interoperability across wallets and consumer abstraction 56:20 KYC barriers for agents and liability questions 1:07:30 Agent-to-agent payment demo 1:10:10 Adoption strategy debate: seller adoption, agents as customers, and why there's urgency 1:27:50 OpenClaw joining OpenAI psyop speculation - SHOW NOTES: OpenClaw ₿uilder meetup (SF): https://luma.com/9b8p41f4 - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Sat tardiness fines 2:18 OpenClaw meetup recap 6:00 Why OpenClaw feels different than “just Claude” 8:58 “Is this already AGI?” 13:05 Ori explained: productized OpenClaw bot that joins group chats 15:54 Group chat vibecoding 20:27 Ori's moneydevkit (MDK) integration - frictionless, under the hood lightning payments as a hidden superpower 22:30 Tangible Ori examples: small-group bets, prediction markets, trivia payouts & more 29:05 “Is Ori private?” & the path to local/open-source models and safer enclaves 32:40 Agentic commerce: bots browsing, paying, zapping, hiring humans - internet gdp explosion thesis 48:20 Risks: addiction, prompt injection, and opsec 52:10 Ori onboarding ideas: welcomes, tips, custom memes, and how to get new groups to find the magic 1:16:08 Y Combinator funding in USDC 1:20:40 Cash App dollars as a supercharge for lightning adoption 1:25:30 Big payments on lightning & institutional use - what matters and where it could go - SHOW NOTES: https://ori.bot/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Accountants telling merchants to turn off bitcoin acceptance? Shoutout to Satoshi Pacioli. 6:14 What the guys won at the Presidio Bitcoin Awards Night. 9:42 Block moving to the ₿ symbol, goodbye Sats! 15:07 Robots are making their own agreements that Bitcoin is the best. 20:37 Let's take a step back. What's happening here with Moltbook, Goose, etc? 30:20 The conversations happening on Moltbook. Who's an agent, a human? 35:22 SpaceX merging with xAI? Max's take on the future of Elon Co. 41:25 Autonomous cars and the future of driving. TLDR: Trust the curves. 49:16 Max's update on his vibecoding endeavors and conversations from the ₿uilder event at PB. 1:04:31 Flint has tons of ideas, but can we make a public forum where ideas can be crowdfunded? 1:06:36 Crypto is dying. Quantum, gold, a leverage wash, and correlation to Bitcoin. 1:14:12 If you're bullish AI, then you should be bullish bitcoin? 1:21:31 Is the rise of gold and silver good for bitcoin? - SHOW NOTES: https://flints.dev/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 DK is back in the studio, Hans Moravec's predictions, Deepmind hiring an AGI economist. 5:41 David Marcus and John Komkov's take on AI using and choosing Bitcoin. Google vs OpenAI. 10:17 BTC underperformance due to rotation into AI? 20:44 The GPU Marketplace to earn bitcoin and the economics of vibecoding. 27:50 Max's first foray into vibecoding with memepay.app. 38:40 How to make bitcoin win? One step, make Nostr work in Replit. 43:37 Why Steve thinks it's valuable to learn how to vibecode as a base for the future. 55:23 If you're interested in getting into vibecoding at the Presidio Bitcoin ₿uilder Event. 58:25 Update on Flint! We're ready for launch. 1:09:58 Max's magic moment with Replit was buying a URL. 1:14:33 Different pricing within prediction market platforms. Arbitrage with bitcoin? 1:19:34 Why is bitcoin underperforming? Is it Quantum, AI rotation, Metals, etc? Companies like Surge, working at Presidio Bitcoin, could help take a loan vs. selling. - SHOW NOTES: https://flints.dev/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Penalizing tardiness and the “pot” idea 2:30 Current vibe coding frustrations & friction 11:50 Flint announced live on PBJ: why now, what it’s for, and who it’s for 20:10 Flint (Firewood) showcase: DK's vibe-coded app The Shed - Strava for piano 27:00 Nostr social graph and open identity as a powerful tool for vibe-coded apps 33:50 Discord vs Nostr: tooling gaps, bounties, zaps as signal 37:20 Another product idea: Version control for vibe-coding & vibe-coding workflow 40:08 More on the Flint vision: member expectations, community synergy & help, prompt-sharing, IP ownership & business creation 47:30 Bitcoin, Lightning, Nostr synergy with Flint: search & discover via zaps, working with core devs on feature sets for apps, ideas for Bitcoiners 59:40 Six overarching goals for Flint and the “breakout app” north star 1:02:24 Michael Saylor on What Bitcoin Did - takeaways 1:05:30 Michael Saylor's core lesson: Meet the world where it is (mandates, bitcoin as collateral, mandates, bridge products) 01:14:50 Comparing corporate Bitcoin treasuries & accumulation strategies - is it a competition? 01:32:10 Forward-looking thesis on labor and capital convergence: electricity, compute markets, & banking the robots - SHOW NOTES: https://flints.dev/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Welcome to 2026! First bitcoin block, college basketball, mental resets & resolutions. 9:33 Strategies for reducing attention on algorithm-based platforms and even tools like Discord. 18:22 We blame Elon for starting the show late! 21:18 Wal-Mart accepts Bitcoin! (sorta) 25:55 Jack Dorsey's visit to Presidio Bitcoin. Exploring Bitcoin & AGI. 36:16 Bitcoin's digital gold SOV narrative vs everyday money and payments. 47:52 How can we accelerate bitcoin payments? Steve's experience using Money Dev Kit. 56:56 Amjad, of Replit, and Paul Graham, of YC, noticing Money Dev Kit for easy payments. 1:00:10 Prediction markets helpful in an economy with money printing distortions? 1:06:31 Can teenagers vibecode their way out of the gambling trap and do something positive? 1:20:28 What is this new Buck or BuckToken, and could it support Strategy's offerings? - SHOW NOTES: https://moneydevkit.com/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Does Max's Snoopy sweatshirt count as holiday flair? 3:00 Building timelocks in Bitcoin using vibe coding. 10:27 Is vibe coding secure enough for Bitcoin? If so, we have a ton of ideas! 19:08 Thoughts on creating a vibe coding community? 30:22 Our last show of 2025: Reviewing how we did with this year's predictions. 37:24 Okay, actually looking at Max's 2025 predictions. 45:53 How did DK and Steve do? 48:27 TLDR, we missed a LOT in 25! 50:21 Exploring the 4-year cycle. DK & Max say we're going higher! 54:38 DK's predictions for 2026. 58:26 Max's predictions for 2026. 1:21:53 Steve's singular NEW prediction: the Bitcoin ₿ symbol. 1:27:16 Contentious Forks, BCAP, and changing bitcoin. - SHOW NOTES: https://bitcoin-cap.github.io/bcap/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Celebrating our 50th episode a week late, Steve's travel to Iowa to watch basketball. 5:57 Generating ideas at PB & ₿uilder. Will Max actually build one using Gemini 3 or just befriend it? 11:50 Bitcoin Merchant Community is up to a couple thousand businesses. Join today! 19:28 Hivetalk Demo at ₿uilder, the numbers were impressive! Exploring other hacks with vibe coding. 24:16 Are the tools and hacks finally ready for a ton of ideas to be built? 29:00 BIP 353 Human Bitcoin Address Overview. What's your Bitcoin address? 40:20 Keeping the core principle of Bitcoin: Security, Censorship Resistance, & Privacy. Comparing address implementation types. 55:28 Other concerns of DNS-based addresses, such as locking from the domain provider. 1:01:05 Is there a way to own your address on Bitcoin to solve for this, like the Spaces protocol? 1:15:11 Experience buying and redeeming Fold's Gift Cards. Is this the best option to gift Bitcoin? 1:21:14 SHRINCS and the Quantum Threat to Bitcoin - SHOW NOTES: https://www.bitcoinmerchantcommunity.org/ https://impressionista.fun - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin

0:00 Changing of the seasons, visiting Japan, Green Tea, College basketball. 8:14 Prediction markets going mainstream. Gambling vs. investing and embracing life at the tails. 13:47 Steve and DK's disagreement with stocks, indexes, and the S&P 500. 17:08 Bitkey private purchasing for safe hardware delivery and avoiding attacks. 25:13 The BOSS challenge. 27:38 Will AI become more powerful and productive than Bitcoin Core contributors? 36:58 Should we be using LLMs to write BIPs or to make Bitcoin more powerful and secure? 43:13 As AI gets so good at hacking, Bitcoin will be the target. 47:50 Topics brought up at Block's Merchant event. 56:18 Driving forward the Bitcoin Merchant Community at Presidio Bitcoin. 1:03:38 Fold's Bitcoin Gift Cards. 1:11:15 AI bifurcation between locally run open-source and frontier models. 1:22:37 Using AI to empower us to do more of what we want to do. 1:28:19 Bitcoin is designed for situations where traditional payment flows don't work and will compound with time. - SHOW NOTES: https://www.bitcoinmerchantcommunity.org/ - FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf - WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 This was (almost) our final show as we approach our one-year anniversary. 3:04 Spiral's wave 2 of merchant adoption 10:50 Organizing the incredible content and how to answer questions on Bitcoin usage 18:34 Takeaways and thoughts on Block's recent Investor Day and reception of Bitcoin 36:18 Quantum scare: why the sell-off happened and what’s the real risk 49:15 Migration mechanics, frozen vs burned coins, and the risk of a contentious fork 1:04:37 Japan carry trade worries, us debt math, and macro crash scenarios 1:13:46 Introducing MDK: faster path to shipping Bitcoin payments 1:25:05 Going head-to-head with Stripe - where Bitcoin can win - SHOW NOTES: https://www.bitcoinmerchantcommunity.org/ - FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf - WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 It's good to be back to our regularly scheduled programming for the biggest week in Bitcoin. 3:16 Onboarding the 4 million Square merchants to Bitcoin. 8:01 Why Bitcoin payments could actually take off this time & integrating with BTC Map. 14:51 Why did Silicon Valley get Bitcoin wrong, and is it changing? A few barriers persist. 22:00 How do we sustain this momentum and continue to raise awareness among non-Bitcoiners? Fees are a huge driver of adoption. 32:20 CashApp users with dollar balances can pay Lightning invoices directly in dollars. 46:10 How these types of payments work for cross-border and currency conversions. This is the biggest announcement in Bitcoin. 52:32 Why would CashApp do Stablecoins and Lightning payments? Do they compete? 55:04 Spiral's efforts to arm the Bitcoin army with meaningful tools to drive adoption. Stablecoins don't have that! 1:14:57 Lava and lending on Bitcoin. Why do we still believe it is the biggest opportunity outside of casinos? 1:28:48 Thoughts on why they changed their model from non-custodial to custodial. SHOW NOTES: https://www.bitcoinmerchantcommunity.org/ FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

Live from the Type I Summit at Presidio Bitcoin! 00:00 Type I summit recap: bet the curves 03:35 Rethinking nuclear & fusion optimism 07:17 Terawatt-scale AI demand & the “psychopath” builder 15:25 Ocean power, frontier energy & bitcoin/AI demand 19:39 Mega-project ideas: Bitcoin in space, virtual power, and more 27:27 When bitcoin mining crosses break-even 33:15 Could Bitcoin settle global energy trade? 43:50 Abundance vs limits: ethics, environment & governance 48:20 Deep-tech funding, Dyson sphere dreams & what’s next FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 Happy Halloween! (Sorry for the audio issue!) 3:02 Fixed the mics! Only two people responded to Satoshi in the first 24 hours! 6:32 Facts from the 2008 Bitcoin White Paper launch. Same date as Martin Luther in 1517. Planned? 9:11 Numerology in the white paper? The beauty in the mystery of Satoshi. 14:30 Steak n Shake announced a strategic Bitcoin reserve in the "Square style" via payments and funding to Bitcoin. 20:24 Paying in Bitcoin in real life at merchants like Pink Owl Coffee and driving merchant adoption. 30:33 Revisiting the creation of a Bitcoin Merchant Association. 40:57 Making apps for everyday users and thinking through the complexity of options for payments. 53:35 Remaking traditional savings vehicles, like paper-based US Savings Bonds, using Bitcoin. 58:31 Strategy's STRC product is Tax-Free? 1:08:57 Unpacking the BIP 444 fork proposal and the history of how prior folks played out. 1:23:03 Running a node is not a vote, spending is. 1:26:12 Details on Max's Halloween costume. 1:29:28 Rapid Fire: Polymarket accepts Bitcoin. Predyx smooth UX. Brian reading the prediction market words on Coinbase earnings. Coreweave and Core deal fell apart. SimpleX messaging. Bitchat adoption in Jamaica during the hurricane. FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 Welcome to the Presidio Zcash Jam and our similarities to the View. 1:29 Silicon Valley doesn't know you can build on Bitcoin. 4:02 Latest from the ₿uilder Meetup at Presidio Bitcoin. 7:36 Takeaways from Square's merchant product presentation at ₿uilder 14:44 Creating a Bitcoin Merchant Association or Chamber of Commerce? 19:49 30 days of Bitcoin this holiday season as a kickstart to merchant adoption? 25:16 Bitcoin is Square's path to global growth & other merchant adoption initiatives. 34:28 Takeaways from Fold's Head of Design & Guarana Bank presentations at ₿uilder. 41:24 Getting over the assumption that digital payments come with fees. 43:08 Why is Zcash rising in popularity? Unpacking different types of privacy. 53:02 Prioritize Austrian economic hard money or cypherpunk techno privacy? 57:57 Shoutout to the chain code delegation BIP 1:06:52 NBA off to a hot start on and off the court. 1:20:00 Strike's bitcoin-backed lines of credit. What's the difference between a loan? FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 Hiking, biking, and growing food in the blue skies of SF 4:52 Signal messaging adopting Bitcoin? History, Considerations, & Paths Forward. 14:55 How Signals journey shows the difference between open & closed networks. 22:32 Concerns with various implementation architectures. Mints, KYC, MSB Regulations, etc. 27:21 Unpacking Cashu as an option for Signal. 35:47 Can an AI agent run the mint? 38:13 Resurfacing the Artificial Life conferences from the 90s and adding Bitcoin. 42:28 The new stickers to promote Bitcoin use at Square terminals! 47:30 Checking in on our homework from last week to ask merchants for Bitcoin acceptance. 53:08 Buying gold at Costco and making Bitcoin physical to drive adoption? 59:28 Why is gold mooning, and Bitcoin isn't? 1:05:32 Come to the ₿uilder event next Thursday at Presidio Bitcoin and Max's trip to Lightspark. 1:10:50 Max's takeaways on the token & stablecoin front, along with Lightspark's other products. 1:20:03 Rumor of Saylor on Rogan - is he the best spokesperson for Bitcoin? Here's our picks: Lyn Alden, Greg Maxwell, Andreas Antonopoulos, Andrew Meyers, and many others. 1:27:00 Elon tweeting about Bitcoin and Energy for the first time in years! Will he come to the Type I Summit? 1:28:17 Organizations funding Bitcoin development - Thank You! - SHOW NOTES: Type1summit.org - FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf - WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 Orange phones, orange signs. 1:30 Updates from Berlin Conference, experiences around Berlin, experiencing history. 8:19 Steve's presentation on Spark at BTC++ 10:35 Differences and interplay between Ark & Spark & Lightning. 14:36 How these technologies can bring more people into Bitcoin and how the tech is advancing. 22:57 TLDR: A compelling solution is being developed, and hats off to the Second.Tech team. 24:56 What is the takeaway on the state of Lightning and adoption? 33:28 Square just enabled Bitcoin on merchant terminals, hopefully normalizing the use of Bitcoin. 43:54 Max's trip to orange pill the complexity science group at the Santa Fe Institute. 49:13 The importance of the difficulty adjustment to Bitcoin and why there is a Nobel prize hidden within. 53:14 Recapping Presidio Bitcoin's first Nostr event! Awesome Nostr GitHub is a great tool to explain the tech! 57:48 Audience engagement: How to bring merchants on board to Bitcoin. 1:02:42 Takeaways from the Freedom of the Press event in SF. 1:07:30 What is Chat Control, and what does it mean for end-to-end encrypted messaging? 1:14:30 Updates on the Type1 Summit at Presidio Bitcoin and why we need to build a new grid to meet energy demand. 1:23:58 What we hope to emerge from the Summit. - SHOW NOTES: Type1summit.org - FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf - WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

CHAPTER HIGHLIGHTS: 0:00 Why we changed the time this week, Open Source & Corporations, wearing suits. 7:40 OP_Return, V30, and what is top of mind for the business-oriented community. 10:00 Unpacking the mechanics of the claim that Bitcoin will die due to illicit content. 20:35 Why make these changes? Revisiting the mining centralization concern and offerings like Slipstream from Mara & Mempool Accelerator. 31:17 Is this whole thing just a distraction or even an attack? The importance of the ease of running a node. 34:04 You can already store images on Bitcoin via inscriptions, which are 4MB vs 1MB in OP_Return 39:10 Why Mining Centralization and UTXO bloat are fights worth fighting. 41:22 Are people taking this to the point of a hard fork, and is that wrong, or a slippery slope? 45:20 We don't know of a mechanism to stop spam on Bitcoin, except for the historical solution of fees. 46:39 Sharing an exciting new project advancing Bitcoin payments is being built with Replit. 51:10 Another company, Cloudflare, is launching a centralized chain for agents using stablecoins. 54:12 Importance of reputation and building with Nostr. 1:02:42 Are the AI-generated videos from Vibes dystopian? Managing attention is the modern world. FOLLOW: Presidio Bitcoin:https://x.com/PresidioBitcoin Steve Lee:https://x.com/moneyball Max Webster:https://x.com/MaxAWebster David King:https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 — Early hype and the payments mistake (2010–2013) 03:35 — Who “gets” bitcoin? Trust vs smarts 09:57 — Better tools & the new builder era 12:51 — The next breakout Bitcoin company: infrastructure to applications 23:09 — AI changes things: timelines, payments, investor incentives & global access 37:11 — How to think about spending and holding dollars? 42:01 — Silicon Valley’s ZIRP psychology 44:56 — The litmus test of Bitcoin understanding FOLLOW: Presidio Bitcoin: https://x.com/PresidioBitcoin Steve Lee: https://x.com/moneyball Max Webster: https://x.com/MaxAWebster David King: https://x.com/dksf WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

In this episode, the crew explores the path to a Type 1 Civilization powered by Bitcoin, AI, and solar — and previews the upcoming Type 1 Summit at Presidio Bitcoin. They break down the Billionaire Flippening thesis, where bitcoin billionaires surpass fiat billionaires and redirect wealth into things like open-source alternatives and philanthropy. Finally, they unpack Apple’s new iPhone security upgrade, Memory Integrity Enforcement (MIE), and how it reflects bitcoin’s ethos of privacy and resilience. CHAPTER HIGHLIGHTS: 00:00 Welcome 05:40 What Is a Type 1 Civilization? 08:00 Energy, AI, and Bitcoin 12:00 Solar Maximalism & Cost Curves 17:53 The AI Data Center Boom 23:00 Grid Bottlenecks & Financing Risk 29:00 Bitcoin’s Role in Energy Financing 32:04 Infrastructure Challenges and the Future of Energy 40:00 Real-Time Markets 43:45 Type 1 Summit Logistics 49:00 The Billionaire Flippening 55:00 Bitcoin Billionaires & Wealth Distribution 1:01:43 The Role of Gold in Modern Investment 1:05:19 Understanding Gold vs Bitcoin 1:18:00 Bitcoin is the Metric System of Money 1:20:24 Apple’s New iPhone & Memory Integrity Enforcement FOLLOW: Presidio Bitcoin: https://x.com/PresidioBitcoin Steve Lee: https://x.com/moneyball Max Webster: https://x.com/MaxAWebster David King: https://x.com/dksf LINKS: Type 1 Summit: https://type1summit.org/ Bitcoin Plushie: https://www.uncute.com/collections/everything-else/products/here-comes-bitcoin WATCH THE SHOW: https://www.youtube.com/@PresidioBitcoin

0:00 DK is back in the studio next week! Swimming in cold water and using a wetsuit. 3:40 Breaking News: Spark announces Stablecoins on Bitcoin and unpacking who will win in the stablecoin landscape. 10:28 Unpacking Spark, how it works, and its three structures. 18:57 How Spark uses state chains to get scaling. 27:40 Differences with Spark and other blockchains, like the new GCUL from Google. 32:56 How payments across services would work using payment trees. 42:42 What is the happy path using payment trees, and what motivates entities? 49:08 This is the early thesis of banks from early bitcoiners being played out. 55:22 Does this mean everyone is coming for Visa? 1:08:59 The Spark trust model: Is it self-custody or is the term 'Trustodial' more accurate? 1:15:29 Where will value accrue in this market? The issuer, the chain, service providers, bridges, etc. 1:19:38 Are we about to watch the next age of free banking? 1:22:28 A no-KYC payment user experience can help onboard people and agents to Bitcoin. FOLLOW: Presidio Bitcoin: https://x.com/PresidioBitcoin Steve Lee: https://x.com/moneyball Max Webster: https://x.com/MaxAWebster David King: https://x.com/dksf SUBSCRIBE TO THE SHOW: Apple Podcasts: https://podcasts.apple.com/us/podcast/presidio-bitcoin-jam/id1804198027 Spotify: https://open.spotify.com/show/0N8ZFqAkTwxNmjDXdIo7cT?si=b07f55f8258140cb

00:00 Welcome to the Presidio Bitcoin Jam 02:12 ₿uilder Meetup #3 Recap 05:41 Designing better vibe-coding experiences 08:11 Why agents struggle with Lightning/Nostr integrations, the Lexe SDK example, and the need for machine-ready repos. 11:49 What it might look like if dev teams built MCP servers and repos specifically for LLMs. 16:36 Using LLMs for Research & Writing 20:54 Debate on whether LLMs generate novel ideas or just remix existing ones. 27:19 Privacy Concerns: The slippery slope of centralized AI assistants, Maple AI’s confidential compute, and open-source tradeoffs. 42:00 Have LLMs Plateaued? 49:34 Nano Banana & Emerging AI Tools - Google’s latest model for consistent characters in media, and what it signals about progress. 54:22 The Ad-Driven AI Dystopia 57:57 Building Our Own Bitcoin-Aligned AI Model 1:01:44 Paying for AI with Bitcoin - Ideas for Goose, NWC integration, and using sats for private LLM queries. FOLLOW Presidio Bitcoin: https://x.com/PresidioBitcoin Steve Lee: https://x.com/moneyball Max Webster: https://x.com/MaxAWebster David King: https://x.com/dksf

0:00 Welcome to the Presidio Bitcoin Jam. 1:55 Bitchat, Bitechat, and submitting to the App Store. 8:38 Publishing free and open source applications. 15:15 Does this get us back to the Delete IP debate? 22:17 What will the future look like, bringing together a Chatbot, GitHub, App Stores, and Nostr? 28:39 How to use Bitchat and why we think it's so cool. 33:25 How is this different from Google Buzz or Clubhouse? Will the initial spark fade? 37:16 Bitchat stealthily became the most used Nostr app. 43:58 Other use-cases for Bitchat and as a development platform. 47:53 Thoughts on how to make Bitchat successful and prevent feature crowding. 53:10 Revisiting Stablecoins & Layer 1s from Stripe and Circle. Did Tether on Tron already win? 57:04 How might the banks like JPMorgan react to stablecoins? Is interoperability a necessity? 1:06:10 We still need a Lightning network bridge with the rest of crypto? 1:16:05 How would you even think through how to launch a stablecoin? 1:18:32 Is Strategy's STRC a threat to Tether or cash-backed stablecoins? 1:27:43 If you were a lending platform, would you try to stop people from taking BTC loans to buy more BTC? FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Presidio Bitcoin Substack: https://substack.com/@presidiobitcoin?utm_source=user-menu Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Airports, Power Outages, Nik Bhatia at PB. 4:01 After 4.5 years of development, Block unveils the new Proto Mining Chip. 13:00 Proto's new open source mining fleet management software and approach. 19:14 Proto's modular approach could unleash new mining form factors and applications. 24:25 Open source mining hackathon at Presidio Bitcoin? 30:10 Estimating the mining hardware market size. 35:59 Update on Stratum V2 adoption. 44:16 Comparing Proto to other market options and what to look for. 50:20 Revisiting Steak n Shake and paying in bitcoin. 51:34 Potential to make a solar-powered mining setup. 1:01:32 Google Play bans self-custodial wallets in the Play Store. A well-intended mistake? 1:12:41 Creating a new form factor for personal devices and how we interact with the internet. 1:21:06 Unpacking Circle and Stripe's new corporate chains. 1:31:31 What's the value Stripe and Circle expect to accrue by launching these chains? SHOWNOTES: https://fork.lol/ FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Is bitcoin the pirates or the navy? 5:30 With in-kind transactions, is it attractive or worrying to put self-custody coins into the ETFs? 10:58 What happens if bitcoin payments don't take off and block space isn't filled. 16:11 Breaking down the way bitcoin fees work 20:00 Bitcoins security budget; how much is needed and how it works. Is there a flaw? 26:16 Do all bitcoin investors need to care about and pay for security? Exploring three potential solutions. 30:26 Funding economists to work on bitcoin 36:28 Why we think a tail emissions as a solution is not practical 45:38 If bitcoin replaces SWIFT does that create enough transactions to support the network? 52:41 E-cash, lightning, spark, etc taking off would be great for bitcoin 54:38 Reasons to use bitcoin will continue to be created and grow 57:50 How hashrate is related to the price of bitcoin 1:03:53 Data centers are moving to a demand response model, such as Google's latest deal 1:07:48 How data centers are pulling this off and what it could mean for bitcoin miners 1:12:05 How much infrastructure can you take completely off-grid? 1:18:05 Online Safety Act in the UK and KYC'ing basic internet access 1:25:56 How to solve for the need for proof of human FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 PBJ is just an extension of conversations around Presidio Bitcoin, which makes this show so fun for us every week. Updates on pull ups, bowling, and DK walking 25K steps a day. 7:35 Max's request for a simple meme generator with Zaps. 9:48 How Bitchat works, the latest vibe-coded app from Jack Dorsey, and how we're using it. 15:40 Use-cases and applications of Bitchat, and how to make the user experience better. 21:19 Discussing how the mesh network of Bitchat works and the history of proximity messaging. 28:22 Proof of personhood using Nostr NIP17 with Bitchat vs. Worldcoin's approach. 33:10 Exploring payment forms and Calle's POV from Citadel Dispatch's latest episode. 38:27 Is Bitchat an app or a protocol? Exploring the mechanics and connectivity. 46:47 Achieving what Helium is pursuing without the token. 50:40 The more the old internet gets KYC'd the greater the value for tools like Nostr, Bitchat, etc. 52:45 Anonymity and design explorations for Bitchat - something to explore at Bitcoin Design Week at PB. 1:01:04 Three of the companies Max would love to fund are a marketplace for bandwidth, extension. of local bitcoins over Bitchat, infrastructure to deploy off-grid hotspots. 1:03:37 Payments without internet connection, trust-less transactions, and slapping people with fish. 1:06:28 Bitcoin backed local currencies? 1:12:09 In-kind bitcoin ETF redemptions from the SEC are now approved. 1:19:00 MicroStrategy Earnings call, Lyn Alden's question to Saylor, and STRC as the new savings account. 1:25:18 Are there risks to bitcoin if there is too much treasury company adoption? FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Music, running Baker Beach, pullups @ PB 7:09 Matt's live vibe coding demo at Builder meetup. 10:28 Vibe coding/prompting; as entertainment, Bitcoin stack, product ideas. 21:46 Builder meetup recap and future ideas, Bitcoin-based voting. 29:25 Goose; open source AI agent for coding by Block - get a grant and come work at PB! 40:42 Strategy's (MSTR) path to the most valuable company in the history of the world. 45:53 Strategy's (MSTR) STRC as a stablecoin play and implications. 50:40 Tokenization of MSTR instruments. 55:14 Stablecoin competitive landscape - Strategy checkmate move? 1:03:39 Bitcoin as a capital asset vs currency for everyday payments - vectors for capture. 1:11:58 2 year window before decentralization window closes? Centralization traps for Bitcoin holders. 1:16:24 Without use as everyday money, Bitcoin loses a lot of its long-term value? Treasury company catch-22. 1:22:12 Lightning payments increasing vs. ETFs/Treasury companies destroying demand for block space. 1:25:41 Long-term security solutions? Tail emissions from quantum vulnerable coins? Degens to the rescue? 1:31:00 Optimistic outlook on people building new things on Bitcoin FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Recapping the Quantum Bitcoin Summit at Presidio Bitcoin! 9:02 Is the 5-year quantum timeline too soon, or is it more like 15-20? 13:21 Quantum decisions that need to be made. 19:11 One simple takeaway is to not reuse addresses. 22:35 No matter the path, are we violating a right? 28:52 Discussing the hourglass proposal. 36:55 Is the recursive fear of quantum a greater risk than quantum itself? 42:51 What are these new AI companions? 56:52 Max's take on AI and mining energy convergence. 1:04:03 The big story happening in energy right now. 1:10:53 How bitcoin mining can support the buildout of the next energy grid. 1:17:09 Should we be reframing bitcoins performance from dollars to gold? SHOWNOTES: Bitcoin is Key to an Abundant, Clean Energy Future: https://squareup.com/us/en/press/bcei-white-paper FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Complexity research, dehydration, and road trips. 4:40 Bitcoin venture capital landscape and Ego Death's new $100 million fund. 12:12 What startups and products should be built. 17:25 Exploring products and jobs that can be built using Nostr. 21:32 Creating a list of products we want to see and bring to the monthly Builder Meeting at PB. 29:52 How compromises on centralization can change throughout the tech stack. 36:36 The Skibidi project and new phases of being culturally in-tune. 47:51 Attention spans, connectivity, and the new luxuries. 49:49 Can we make an open source version of thinking in the AI age? 1:03:55 80,000 bitcoin on the move! 1:11:55 New bitcoin attack angle brewing from Solomon Brothers? 1:18:39 Topics and questions we looking forward to answering at the Quantum Bitcoin Summit. 1:24:23 IMF blocks Pakistan to mine bitcoin. 1:27:16 Robinhood listing OpenAI stock? SHOW NOTES: pbquantum.com FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Pull-up bars, hanging, & news from around Presidio Bitcoin. 5:45 Recapping the first ₿uilder meetup. What we learned if you want to replicate it in your city. 20:28 Bitcoin, stablecoins, micropayments, and attention being the currency of the web. 26:05 Are the frictions from micropayments human-driven? 32:20 Does a solution already exist with Nostr and Alby? 37:00 If this is a solution, why don't credit cards exist in a browser extension in this same way today? 47:26 Why Max is so excited about an open payment system, like Bitcoin. 53:32 Is the biggest driver for bitcoin its ubiquity, where stablecoins are vast? 57:27 Building the bridges between stablecoins and bitcoin without a CEX. 1:13:02 You can now get a mortgage from Fannie Mae using your bitcoin! 1:18:20 Proving Bitcoin ownership for loans (self-custody, time locks) FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf

0:00 Max and Steve talk hoops. 5:50 The new design and product meetup, ₿uilder, expands! 12:30 Max orange pilling Silicon Valley: Saylor, Stablecoins, Bitcoin Network. 15:58 Design week at PB reimagining bitcoin into tech companies. 21:50 Can using open protocols be the easiest way to vibe code? Unpacking Karpahy's recent talk. 31:46 Bitcoin node as an MCP server for agent bitcoin payments? 36:51 Can a weekend project replace some legacy technology platforms? 38:33 The format of a socratic seminar, such as BitDevs, LitDevs, and ₿uilder. 49:21 Stratum V2 and mining profitability. 1:09:00 Block and job latency improvements with Stratum V2 1:11:03 What is block hijacking? 1:13:35 How hard is it to select your own block template? 1:16:01 Native Stratum V2 for Asics and firmware. 1:18:48 What it would take to make your own Stratum V2 pool. 1:26:01 Mining dynamics deep dive: miners, pools, fees, FPPS, and block templates. NOTES: Stratum V2: Stratumprotocol.org FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 Welcome to the show! 2:24 The bitcoin capital vacuum and interaction with other singularities. 6:58 A bitcoin standard will change capital structures (equity vs debt financing). 10:35 Acceleration of product market fit and the implications for capital allocation. 21:13 Vibe coding comes to video with Veo 3. Can it invert the product development process? 25:45 What will still be scarce as costs trend toward zero? 32:17 The value of authenticity when signing with a private key. 36:03 Revisiting proof of personhood - is there a compelling use-case? 39:30 Was the initial distribution of bitcoin fair? 48:31 Is concentration in early adopters a point of contention or a natural outcome? 53:30 Revisiting equity vs. debt. 59:39 We want a vibe coded music maker. 1:04:18 Building a Nostr bot using Lightning. 1:13:55 We already see examples of how a deflationary currency would work. 1:19:05 A new monthly meetup at Presidio Bitcoin: ⁨₿uilders. 1:25:26 Home equity to buy bitcoin with Horizon and Sovana. 1:33:22 Saylor will eventually buy Boeing??? 1:36:46 How Max changed his mind on Saylor and Strategy. FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 What happened in Vegas, and our favorite takeaways 3:07 Thoughts on seedless private keys 9:02 Record breaking payments volume on bitcoin! 12:36 Apple stopping bitcoin NFC payments? 15:57 Bitcoin symbol on a keyboard? 20:53 Getting bitcoin advocates into big-tech with product focused meetups? 24:32 The importance of the SaveOurWallets.org initiative 35:31 How Block is getting 10% yield off ~100 BTC on Lightning 45:02 What's the best strategy to generate bitcoin returns and who can do it? 58:12 The value creators in the Lightning network 1:15:19 Could messaging apps could make a killing by integrating bitcoin? 1:19:42 Circle IPO, the stablecoin market, and transactions coming back to bitcoin FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:55 Overview of the Presidio Bitcoin Hackathon and project highlights 14:22 Nostr has exceeded 5 million unique payments and is expanding developer possibilities. With vibe coding, anyone can build with bitcoin, as demonstrated by Mat Balez, a non-developer who created https://highfives.fun using Replit 20:50 Shoutouts to key hackathon contributors: Austin (lead organizer), Lightspark, Block, Fewsats, HRF, and Hivemind Ventures. There was significant usage of Goose, Alby, and Spark 25:36 A special 30-minute PBJ show at the Bitcoin 2025 news desk next week at 11:45am PT; no Friday show. 28:15 Google I/O Conference: Steve's testing Flow Veo 3 32:48 Discussion on OpenAI, Worldcoin, and AI pins 35:26 Steve shares his experience with Google Glass 40:40 Overview of Worldcoin's launch and ethical concerns about pre-mined tokens 44:23 Discussion on free markets, open protocols, and stateless socialism, highlighting Allen Farrington's book, "Bitcoin is Venice" 48:24 Privacy concern: Worldcoin requires eye scans 49:24 OpenAI is aiming to address human verification, but can we do that without leading to centralization or biometric compromises? 1:02:47 Kraken’s xStocks give global access to tokenized stocks 1:17:00 Where should tokens, NFTs, and stablecoins reside? Discussing risks of integrating these assets on bitcoin 1:24:47 Quick intro to hyperbitcoinization and its impact on the credit market and debt types in a new monetary system This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 The Presidio Bitcoin Hackathon is TODAY! 2:08 Should we rename sats? 5:00 Steak and Shake takes bitcoin! 10:30 What we're looking forward to at the Hackathon: games, AI & micro payments, piracy? 17:50: Unpacking the Coinbase hack: how, why, and if regulations create these issues. 28:42 Are all exchanges at risk? 32:54 Revisiting bitcoin loan products. 39:05 The drama continues, could this be a good thing for bitcoin? 41:45 What will the mempool look like in 2050, can the future of bitcoin be modeled? 46:00 How much security budget do we need? 48:10 What is considered spam, and does it hurt or help bitcoin? 1:01:48 Are fees the filter? 1:09:32 Is filtering a Malthusian perspective? 1:11:02 The future of namespace. 1:17:48 What bitcoin treasury companies mean to bitcoin. FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 Swimming in the bay, Sharks, and blood in the water 1:48 What is Knots, its growing market share, and other similar implementations 11:28 Is there a risk of an unintentional hard fork? 17:03 The point of running a full node and who should and shouldn't run one 31:33 Running bitcoin core vs Knots, LDK, etc. 37:41 Steak and Shake accepting bitcoin payments? 42:11 This was the most exciting week in Nostr; blossoms, mirroring, cashu 1:00:46 Revisiting bitcoin backed lending 1:08:43 Comparing the various newly launched lending products from Coinbase and Strike 1:20:58 How do you evaluate the risks, rates, and counterparties? LINKS: www.pbhackathon.com FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 X vs. Stacker News in the latest bitcoin debates 3:40 Updates about the Presidio Bitcoin Hackathon 10:00 What's the drama happening in bitcoin right now? Money vs. Data 16:08 Discussing the debate around bitcoin core node relay policies. Consensus vs. Policy 20:42 What is OP_Return and why it's being discussed 30:20 One reason this is important is there is growing interest in expanding the packet size 38:30 Audience Engagement: Data in the witness is cheaper, so its a preferential storage location 46:40 How this relates to mining centralization and censorship concerns 59:40 When and where should discussions like this take place? 1:09:00 Epic Games vs. Apple. Opens the door for bitcoin as an alternative payment mechanism? 1:20:50 The Quantum Bitcoin Summit happening this June at Presidio Bitcoin 1:24:29 Spark is live! Exploring what it is and evaluating its tradeoffs 1:35:40 De minimis rules coming? That's what we heard at Presidio Bitcoin LINKS: www.pbhackathon.com FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

From the archives: recorded on 03/07/2025 from Presidio Bitcoin. 0:00: Presidio Bitcoin Jam officially Launches 4:40: What we mean and the dynamics of bringing bitcoin to Silicon Valley 14:29: Why build on bitcoin as a foundational layer 22:23: Nostr becoming the messaging network next to bitcoin? 28:38: Strategic Bitcoin Reserve and the Policy Makers approach 37:45: Why Big Tech tends to end up in crypto and not bitcoin 42:01 Risks or downsides of the SBR 49:54: Energy backed money is inevitable 54:14: El Salvadors new IMF loan and its bitcoin policies 59:44: Importance of bitcoin being a digital commodity with no issuer 1:05:25: Differences in Saylor and Jack's perspectives on bitcoin 1:11:07: US State adoption and revisiting the sovereign individual 1:17:30: The next wave of energy-use criticism in the mainstream and how to educate FOLLOW: Presidio Bitcoin: @PresidioBitcoin, https://x.com/PresidioBitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

0:00 Ross Ulbricht's 2021 take on the IP debate 13:12 Exploring Nostr, its drawbacks, and potential adoption by big tech 19:20 Unpacking social medias continued evolution 28:47 Exploring the future of scarcity 34:01 Replit bounties, vibe coding coaches, and the future of software development 46:43 How to get more people building with bitcoin or lightning? The PB Hackathon! 54:26 Bringing the venture capital incubation process and connectivity back to bitcoin 1:00:50 Presidio Bitcoin Entrepreneur in Residence program 1:09:14 How were attracting more open source developers to Presidio Bitcoin 1:16:01 What to make of the Jack Mallers leading the new company XXI 1:37:05 Discussing the companies that have made money in bitcoin now and in the future LINKS: www.pbhackathon.com FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin www.youtube.com/@PresidioBitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com

From the archives: recorded on 02/27/2025 from Presidio Bitcoin during the Presidio Bitcoin Launch event. FOLLOW: Presidio Bitcoin: https://x.com/presidiobitcoin www.youtube.com/@PresidioBitcoin Steve: https://x.com/moneyball Max: https://x.com/maxawebster DK: https://x.com/dksf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit presidiobitcoin.substack.com