CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

26 May • 2hr 13m

Show Notes

support dispatch: ⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/donate⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 102BLOCK: 791518PRICE: 3734 sats per dollar TOPICS: Good Money vs Bad Money, Early Bitcoin History, Onboarding the Next Billion People, Silk Road, Anti Fragility, EnergyThis chat was a continuation of our conversation on stage at Bitcoin 2023 to end the conference: https://youtu.be/kAdPCHY_RzYAdam on Twitter: https://twitter.com/adam3usJack on Twitter: ⁠https://twitter.com/jackmallersnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:00:37) Introduction and bitcoin events(00:02:11) Thanks to supporters and donation options(00:04:20) Introduction of guests(00:05:47) Discussion on the value of bitcoin(00:19:30) Bitcoin as a savings technology(00:27:17) Volatility and challenges in emerging markets(00:38:14) Why bitcoin has been successful compared to previous attempts(01:08:12) Volatility of bitcoin and its potential stability in the long term(01:22:53) Onboarding the next billion users to bitcoin(01:27:14) Different trade-offs in using exchanges and custodial lightning(01:28:10) Liquid as a trade-off between centralized exchanges and noncustodial options(01:29:44) Advantages and risks of using Liquid for trading and rebalancing Lightning channels(02:09:29) Bitcoin's future and scalability(02:10:26) The value of free markets and the maturity of bitcoin(02:11:24) Disappointment in backtracking on bold predictions

Activity

@sawzall

100,000 sats

28 May

As with most things, I couldn't more strongly agree with Matt in saying, "This was a fucking awesome conversation, gents"! Thanks Adam, Jack & Matt for your time & dedication towards helping the next billion adopt the best money. Open source stage was lit, hope to visit Bitcoin Park someday & until then will stay humble and stack sats

@sveinol

55,555 sats

21 Jun

Great episode!

@erik99

50,000 sats

27 May

stay humble, stack sats

@vake

27 May

what a baller

@wealleat

21,021 sats

16 Jun

iwilldieonthesatstandardhill with Jack. They will not take my energy/time from me anymore. LFG it’s so easy yet so fucking hard for people to understand. This is one absolute we are not wrong about, Bitcoin wins. Great episode worth every sat

@apemithrandir

21,012 sats

28 May

#We'reStillEarly

@scarcity

21,000 sats

27 May

Pre-boosting because I will be listening to this on a plane and not streaming sats. V4V

@cipherhigh

21,000 sats

27 May

Legends.

@garth

20,000 sats

27 May

Love the back stories

@terla

18,736 sats

27 May

Awesome rip would love to see more big sat energy like this on the Pod more 💪

@jcxfnt

11,111 sats

29 May

wow! the classic og Adam Back with the exuberant youthful Jack Mallers! epic

@chancelloronbrink

10,001 sats

29 May

great show thanks gents

@mccoy

10,000 sats

30 May

Great RIP. Back not fully into bitcoin until 2012-2013 - wow. Mallers background story - Chicago commodities trading - makes sense.

@tmakerman

5,555 sats

2 Jun

Deep into the basics, this was incredible episode. Thank you Matt, Adam, and Jack.

@b.money

3,000 sats

27 May

love your content. when will mempools clear again?

@mrmr

2,323 sats

29 May

great guests. superb rip. BOOST!

@sebrock

2,121 sats

27 May

Stay humble and stack freaks who stack sats! What an epic trio of masterminds. thanks!

@walltim

2,000 sats

28 May

great rip…love the history from Adam!

@blokchainboog

2,000 sats

27 May

👍

@user2732160812027436

2,000 sats

29 May

🔥🔥🔥

@vake

1,500 sats

27 May

3 legends on one stream 🔥🔥

@bon

1,337 sats

28 May

thesis.pdf

@candidateblock

1,000 sats

8 Jun

amazing to have Adam and jack. very different skill sets but great discussion. (free markets work)

@piez

1,000 sats

27 May

Stay humble and stack Sats! Pure signal!

@piez

1,000 sats

27 May

3 legends, 3 innovative minds, 3 Bitcoiners! Gangsta af!

@user7799413830909180

1,000 sats

26 May

thank you for getting the episode up fast!

@archerjont

911 sats

27 May

Talk some sense into Marty, his rips have been way off BTC focus. 🙁

@cryosats

27 May

Leave the topics broad and wide. He's doing Bitcoin ;) Need to widen the net 100%

@chris_b

555 sats

30 May

great conversation

@dugandrupe

521 sats

28 May

so guys, if you’re ever in the uk, hit me up. steak dinner at my place would be epic, for me, I’d sort everything else, so it would at least be enjoyable for you guys as well. legends.

@doomdumaszm

521 sats

30 May

@fiatminerforcorn

500 sats

26 May

rock on dude

@michaelmatulef

500 sats

31 May

great conversation 🤙

@northofthewall