2-Bit Idiots

(Pushing this one out quickly for those making the trek to Beechworth. Have a great weekend)    Those of you that pay attention (or those that attended the last bush bash at Murrurundi) will recognise Dale from there, but for those that don’t, we wanted to have him on the pod to give us an insight into the incentives at play in shitcoin land, working behind enemy lines for a shitcoin publication.    Dale is a South African who has lived in Australia for 5 years. His background is in law and political philosophy, which he credits with his ability to think critically. As Wiz would say, he’s “found his tribe” in Bitcoin.    We discuss:  His path to Bitcoin only  Challenges of visas in Australia, regional living and covid restrictions  The difficulties of “working in Bitcoin”  Revenue streams (adverts, affiliates, paid articles etc) and the machine behind media  Learning to think like a normie  The race to the bottom (CumRocket)  NFTs  The sophistication (or lack thereof) of readers  The dangers of AI  Commercial real estate  UFC  Gaming  The potential for a shitcoin casino sting  What is exciting us in Bitcoin right now   South Africa    Pod Shout-outs  www.twitter.com/BTCBrisket  www.twitter.com/bitcoinbushbash   www.twitter.com/PrestonPysh   www.twitter.com/SimonDixonTwitt   www.twitter.com/MartyBent   www.twitter.com/LynAldenContact   www.twitter.com/parkeralewis   www.twitter.com/jameslavish   www.twitter.com/case4bitcoin   www.twitter.com/MMFlint   www.twitter.com/rjames_BTC   www.twitter.com/dunworth_peter       Npubs Hats: npub1evkn6h4dgkk6ey8mqy90spv2fmfnnzgj8u3h8dgqyql32gs9tywqhdruxp  Brendo: npub1jsauhxc6hjyk5th86qc5z02c9f0cfc7dwszzlj7e9s8wt54w490q4kglr9    Contact Us  www.2bitidiots.com 

PUBLIC SERVICE ANNOUNCEMENT: Please listen til the end as Pete will blow your tiny mind. We spoke with Pete just a few short weeks ago (EP70) about what high-net-worth clients think of Bitcoin. You liked him. Actually, you liked him a lot. A lot of you tuned in... thank you.  We got nowhere near the end of that conversation, as we also wanted to talk to him about inheritance planning. So, he kindly agreed to go again. Settle in and pour yourself a coffee, this is a long one!  If you’re a connoisseur of bullish price valuation models, this one is also for you. He gets more bullish as we go, and we can’t fault any of his logic.    We discuss:  What is a family office. Generational wealth, legal structures, preservation of capital.  Systemic risk in “risk free” bonds.  Credit Suisse, bank runs and what’s happening in trad fi markets right now.  Interest rates and mortgage pain.  Why everyone focuses on the US.  Are US regulators starting to take a more pro Bitcoin stance.  Legal entities for holding your assets.  The importance of a will or testamentary trust.  Multi-sig security with clients  Time locking Bitcoin  Element zero at absolute zero  The first triple point quantum asset.  Solving bond duration risk with Bitcoin  Bitcoin valuations for those who love “crazy numbers”    Pod Shout-outs  www.twitter.com/MichaelDunwort1  www.twitter.com/saylor   www.twitter.com/stephanlivera  www.twitter.com/knutsvanholm   Couldn’t find the timelock article, but start here for great content  www.knutsvanholm.com   www.twitter.com/juniorwaugh349  www.twitter.com/FossGregfoss  www.twitter.com/luke_broyles   www.twitter.com/BitcoinAlive  www.twitter.com/bitcoinbushbash    Npubs – cya Twitter  Hats: npub1evkn6h4dgkk6ey8mqy90spv2fmfnnzgj8u3h8dgqyql32gs9tywqhdruxp  Brendo: npub1jsauhxc6hjyk5th86qc5z02c9f0cfc7dwszzlj7e9s8wt54w490q4kglr9    Contact Us  www.2bitidiots.com 

There’s nothing a bitcoiner enjoys more than bursting a mainstream narrative. If we really are “bOiLinG tHE oCEans”, why is it that Simon and his colleagues at www.Stackr.co.nz  are Bitcoin mining with renewable energy and providing stability to the electricity grid in New Zealand’s South Island.  It really is a head scratcher, isn’t it. We talk to Simon about: The abundance of energy sources the further south you go in New Zealand (Hydro, Wind, Solar and Geothermal) Flexible demand management to lift the performance of the grid Texas and power purchasing agreements Vertical integration with power producers The transition from public sector consultant to full-time degen Bitcoin miner Is NZ one of the best places to mine His progress from CPU to GPU to Shitcoins to Bitcoin mining Scaling up, building resilience and staying profitable in a bear market The current explosion in hash rate Funding Home mining Using “crypto” as a test bed for anything worth doing on Bitcoin Ethereum rugpulls Doing a PhD on the last financial crisis The duck curve Bitcoin Alive When: 15th April 2023 Where: The Roundhouse, Sydney Tickets: www.bitcoinalive.io Discount: 10% off with codes HATS or BRENDO at checkout What Brando does when the video is switched off Pod Shout-outs www.twitter.com/Breedlove22 www.twitter.com/JeffBooth www.twitter.com/saylor www.twitter.com/LynAldenContact www.twitter.com/BitcoinAlive www.twitter.com/dazbea1 www.twitter.com/mineracks www.twitter.com/1andipitt www.twitter.com/BTCBrisket Npubs – cya Twitter Hats: npub1evkn6h4dgkk6ey8mqy90spv2fmfnnzgj8u3h8dgqyql32gs9tywqhdruxp Brendo: npub1jsauhxc6hjyk5th86qc5z02c9f0cfc7dwszzlj7e9s8wt54w490q4kglr9 Contact Us www.2bitidiots.com

Bitcoiners branching out into other industries is great, but what I really want to see is people in other industries adopting Bitcoin. I’m particularly keen for musicians, athletes and sports teams to figure this out (shout out to Perth Heat for leading by example).  That's why I was very excited to discover Joe Martin. Joe is a singer-songwriter who is a musician first but also a bitcoiner. He gets it, and the best bit...he’s good! We want Joe to be able to take a message to his friends in the music industry, so we’re passing on all donations (streams, boosts etc) from value-for-value enabled podcasting apps. Have a listen to Joe's story and his current single / title track from his new album. If you like what you hear, please send a few sats his way. We discuss: His backstory as Country/Americana artist Crafting story-based songs and the creative process of making an album What it means to be a professional (completely independent) musician today Generating a revenue from gigs and merchandise. How many streams you need to make $1 Personal investment and risk Nashville, networking and playing at the Bluebird Cafe UK Tour – kicks off April 13th @ the Yacht Club in Teignmouth Monetising information that wants to be free Lightning and microtransactions Removing friction to value transfer Nostr Selling tickets for Bitcoin! Value 4 Value pack Links to Joe’s Music, Merch, Tour and Socials: www.joemartinmusic.com Npub19r9qrxmckj2vyk5a5ttyt966s5qu06vmzyczuh97wj8wtyluktxqymeukr Pod Shout-outs www.twitter.com/KaceyMusgraves www.twitter.com/ChrisStapleton www.twitter.com/JasonIsbell www.twitter.com/Brent_Cobb www.twitter.com/bluebirdcafeTN www.twitter.com/dergigi www.twitter.com/wavlake www.twitter.com/getAlby www.twitter.com/Strike www.twitter.com/fountain_app www.twitter.com/MerryOscar www.twitter.com/rheedio www.twitter.com/sammeans www.twitter.com/Lightsats21 Contact Us www.2bitidiots.com

When: 15th April 2023 Where: The Roundhouse, Sydney Tickets: www.bitcoinalive.io Discount: 10% off with codes HATS or BRENDO at checkout With less than 6 weeks to go, we catch up with the boys from Bitcoin Alive (Chris and Dylan) to find out how the planning for Australia’s first big-scale, Bitcoin Only conference is going. When we last spoke in mid-December (EP67) they had just announced the event and location, but tickets hadn’t been released and speakers hadn’t been confirmed. Less than 3 months on (which I’m sure has felt like 3 days to them), we thought it was time for an update for those of you that know you’re attending and others that might still be on the fence. We discuss: Brendo wins a competition with The Bitcoin Company https://links.thebitcoincompany.com/q5rP Not checking the price Is the next bull run the panic cycle BitRefill https://www.bitrefill.com/signup?code=tu6wub71 Spending Sats (and replacing) Real estate Speaker announcements and diversity of topics Format of the day (groups, firesides, presentations, workshops) Exhibitors, bar, break-out space and VIP Ticket pricing High and lows of organising an event on this scale Turning away shitcoiners Raising capital in a bear market Bitcoiner Events/Jobs/List https://www.bitcoinerevents.com/ https://bitcoinerjobs.com/ https://www.bitlist.com/ Peer to peer trading Bitcoin versus CBDC’s For Twigs Pod Shout-outs www.twitter.com/BTCsessions www.twitter.com/_k3tan www.twitter.com/beefinitiative www.twitter.com/Talej www.twitter.com/dazbea1 www.twitter.com/BTCBrisket www.twitter.com/tarik_sammour www.twitter.com/Pete_Winn www.twitter.com/JP_Technology www.twitter.com/jakeeswoodhouse www.twitter.com/bitcoinbushbash www.2bitidiots.com

3 is the magic number.  4, and we talk all over each other (I’m probably the worst at it). But hey, we wanted to have a special guest and we got a special guest.  We just didn’t count on the crickets! This episode contains the following ramble: Non-existent pods Sydney sleeping arrangements Diet and addictions Coals versus Gas Lake Tinaroo www.lookingglasseducation.com Who is it for? Assumed knowledge Follow up courses Creating timeless content School curriculum Bitcoin for beginners Book launch Block 777,777 Nostr Protocol, Nodes, Relays, Notes, Events Clients: Damus, Amethyst, Iris, Nostrgram, Nostros, Snort www.getalby.com www.zaplife.lol www.voltpay.app Bitcoin Alive Building a node box Pod Shout-outs www.twitter.com/sebbunney www.twitter.com/CarnivoreMD www.twitter.com/parman_the www.twitter.com/LookingGlassEdu www.twitter.com/MiprimerBTC www.twitter.com/getAlby www.twitter.com/Talej www.twitter.com/Blue_CollarBTC www.twitter.com/BitcoinAlive www.twitter.com/Mtheadventuross www.twitter.com/FossGregfoss www.twitter.com/knutsvanholm www.twitter.com/GazLarking www.twitter.com/_k3tan Npubs – cya Twitter npub1evkn6h4dgkk6ey8mqy90spv2fmfnnzgj8u3h8dgqyql32gs9tywqhdruxp npub1jsauhxc6hjyk5th86qc5z02c9f0cfc7dwszzlj7e9s8wt54w490q4kglr9 npub1jqckepsld3xn98aeq7yg72g0yrqkz92vegkv6k3prfhkzu356v5qa6akee npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcq Contact Us www.2bitidiots.com

I finally stepped out of Brendo’s shadow and did one of these interview thingies by myself. Turns out the tech side is way easier than he makes it sound! The problem though, is that Gary (Gaz) and I can talk the corn! I think it was 3 hours 53 minutes to be precise, but don’t worry we only recorded an hour or so. Gaz is as bullish on Bitcoin as the rest of us, but his knowledge and life experience also gives him a perspective on risk that many of those that have recently been rekt by leverage could learn from.  You don’t need to risk the farm; you just need to get off zero. We discuss: Brendo. A man on the edge. Gaz’s Bitcoin story, international work life and approach to investing Learning via books, podcasts, YouTube, Twitter and ultimately real-life humans The Bitcoin Standard: http://amzn.to/3KwBTDq 100 Baggers: www.amazon.com.au/100-Baggers-Stocks-100-1/dp/1621291650 Finding your tribe Correcting “journalists” Will the mainstream turn up to Bitcoin Alive Adoption Rebel FM www.rebelfm.com.au Contract negotiation in an inflationary environment Value investing, diversification and investing in Bitcoin companies Risk management Fidelity https://www.fidelitydigitalassets.com/sites/default/files/documents/bitcoin-first.pdf Debt in the system Microstrategy. Strike. Pouch. Nostr Sats for Stats Pod Shout-outs www.twitter.com/PrestonPysh www.twitter.com/saylor www.twitter.com/BTCSchellingPt www.twitter.com/paybtc_au www.twitter.com/bitcoinbushbash www.twitter.com/BitcoinAlive www.twitter.com/LawrenceLepard www.twitter.com/dunworth_peter www.twitter.com/FossGregfoss www.twitter.com/parkeralewis www.twitter.com/stevennelkovski Contact Us www.2bitidiots.com

It’s easy to talk a big game.  Backing it up is harder.  However, what we’ve found over the last 7 years, is that the closer you align yourself with Bitcoin, the better things turn out. Look at all aspects of your life; health; work; relationships; family; education et al and apply the Bitcoin filter.  Allow it to affect your decision making and voila...things magically improve. Brendo and I talk all things Bitcoin, with tangents along the way: Stopping smoking Bitcoin Alive ticket discount 10% off.  Use code “HATS” or “BRENDO” https://bitcoinalive.io/ Selling your house for Bitcoin Legionella Phillip Hammond US interest rates rise 0.25% 90% currency devaluation in Lebanon https://fountain.fm/episode/13105194653 (the Bitcoin Standard pod) US debt ceiling Satsback companies The Bitcoin Company https://links.thebitcoincompany.com/xadB Fold https://use.foldapp.com/r/ALTHXAUK Lolli https://lolli.com/ref/iwsWU5BUz3 The Jacks Nostr Value 4 Value Music Lightning remittances Pod Shout-outs https://twitter.com/BitcoinAlive https://twitter.com/dunworth_peter https://twitter.com/honeybadgerdabs https://twitter.com/MikeStillBTC Tweets of the Week 3rd Place https://twitter.com/dazbea1/status/1616734150274478080?s=20&t=EvZSwzr9MzeGn7W6mXlgow 2nd Place https://twitter.com/jackmallers/status/1620486166964477952?s=20&t=EvZSwzr9MzeGn7W6mXlgow 1st Place https://twitter.com/AbhayHodl/status/1620476538516041729?s=20&t=EvZSwzr9MzeGn7W6mXlgow Dick of the Day The Jacks

Peter Dunworth runs a multi-family office representing high-net-worth clients based in Sydney, Australia.  In this context we’re talking about “sophisticated investors” with an income of more than $250k or assets of more than $2.5m. Our conversation touches on: Our prize winner, fraternising with the enemy and leech trauma Bitcoin custody and estate planning Bitcoin being the rational choice when considering all major asset classes Providing conservative financial/investment advice for those 60+ Being cognitive of your own biases Property Capital destruction in bonds Preservation of capital being the No.1 concern Asymmetric risk Peak debt Being a professional financial advisor when all markets move on the decision of the US Federal Reserve Hope, inspiration and your outlook on life Stupid numbers How to prevent losing Bitcoin The truest form of altruism Censorship resistance. Seizure resistance. Absolute scarcity. Immutable ledger. Timelocks Self-Actualisation and the Bitcoin Golden Age Price manipulation Volatility versus Risk Pod Shout-outs www.twitter.com/jakeeswoodhouse www.twitter.com/PrestonPysh www.twitter.com/dergigi www.twitter.com/MichaelDunwort1 www.twitter.com/BTCSchellingPt www.twitter.com/FossGregfoss www.twitter.com/JasonPLowery www.twitter.com/knutsvanholm www.twitter.com/JeffBooth www.twitter.com/BVBTC www.twitter.com/bronzefozzz www.twitter.com/100trillionUSD www.twitter.com/saylor www.twitter.com/Croesus_BTC www.twitter.com/BitcoinAlive https://bitcoinmagazine.com/culture/bitcoin-is-time-traveling-energy https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin#:~:text=A%20typical%20member%20of%20the,in%2C%20that's%20where%20Bitcoin%20remains. www.2bitidiots.com

We tried to give away 111,000 sats but Terla hasn’t got in touch!  Terla...are you out there?  Call me.  DM me. Swipe right. Anyway...Happy New Year bitcoiner.  It’s good to be back. Just Brendo and I today talking shit and helping you pass the time until hyperbitcoinisation, or at least until next week when we have a really good guest.  Seriously...next week is important. For now, we talk: Not being able to give away sats! Price.  Is it a temporary pump? Global recession incoming Doxx jar binned Job cuts Coinbase, Blackrock, Amazon, Salesforce Blackstone Gradually then Suddenly Who or What can move the price? Fidelity Why you should only compare you with you How good is Solitaire, but you need a Sudoku! Satsback in Australia Mortgage rollovers in Australia in 2023 2022 CPI numbers Is there another bubble to blow? We are only 3 halving's in Not seeing your privilege Tweet of the Week Alan B Watts https://twitter.com/alanbwt/status/1607150830418886656?s=20&t=MJvdlcGNyaV-Tz85-yUKVg Dick of the Day Mary Daly, Federal Reserve President of San Francisco https://twitter.com/sidewayskoyote/status/1554996402165452800?s=20&t=MJvdlcGNyaV-Tz85-yUKVg Pod Shout-outs www.twitter.com/VailshireCap www.twitter.com/PrestonPysh www.twitter.com/THNDRGAMES www.twitter.com/fold_app www.twitter.com/efebitcoin www.twitter.com/relai_app www.twitter.com/sidewayskoyote Contact Us www.2bitidiots.com For Norma. Xx

The Bitcoin conversation in this one is minimal at best, but there are free sats to be won, so you might have to listen to find out if you’re the winner! Thanks to everyone that’s contributed to the podcast this year.  Guests, listeners, boosters, sat streamers, trolls, people that gave us gifts, everyone at the bush bash and all the Twitter psychopaths.  We appreciate you all. Bitcoin will fix the world.  It’s the only money.  But...IT’S ONLY MONEY.  Take some time off at Christmas with your people and enjoy life.  Otherwise, what are we doing this for? Merry Christmas and see you in 2023, Hats and Brendo Tweet of the Week www.twitter.com/DrBitcoinMD/status/1604044848562339845 Original by @0xMajinBobo but of course CZ deleted his reply. Pod Shout-outs https://bitcoinbushbash.info www.twitter.com/luzdonahue www.twitter.com/BitcoinAlive www.twitter.com/danWilcz www.twitter.com/Talej www.twitter.com/VoltPayApp www.twitter.com/dazbea1 www.twitter.com/coryklippsten www.twitter.com/BTCBrisket www.twitter.com/bi_t_crispy www.twitter.com/the_Bowdog www.twitter.com/bitcoinbushbash Plus many more, including...Matt, Ben, Stephan, Parman, Ketan and Fozzz.  Go find them yourself. ;-) Contact Us www.2bitidiots.com

The list of large-scale Bitcoin only events is growing all over the world, but we didn’t have one in Australia.  Until now.  Quick Links Twitter @BitcoinAlive @dylanhashmurray @lungdoge Website www.bitcoinalive.io Frustrated by the time and expense required to attend the conferences overseas, Chris, Dylan and Jess have decided to put that right. On Saturday, 15th of April 2023, Bitcoin Alive will make its debut.  A single day conference at the Roundhouse, Sydney ( www.arc.unsw.edu.au/roundhouse ), Bitcoin Alive will “bring together Australia’s Bitcoin community for a day of the highest quality Bitcoin content from the best minds in Bitcoin from both Australia and overseas”. We sat down with Chris and Dylan to find out more about their motivations and plans for the day.  We discussed: Why we need a Bitcoin conference in Australia Who the event is pitched at Event management experience The value of meeting bitcoiners face-to-face Providing a platform for the bitcoiner talent in Australia Date, Location, Venue Capacity, 20+ Speakers 900-seat main stage, keynote presentations, VIP area, breakout rooms, panels, fireside chats and beer garden Fitting in to the circuit of global Bitcoin events and adding an Aussie spin with satellite events Risks involved and work required Timescales for announcement of Speakers and Costs (sign up for Presale Tickets) Swell reports from Coogee Beach Support from and giving back to the Bitcoin community Sponsorship and maintaining your integrity while staying Bitcoin Only Positive/negative feedback and being judged on their Proof of Work Not looking at the Bitcoin price for a year (and guessing where we are now) Pod Shout-outs www.twitter.com/the_Bowdog www.twitter.com/saylor www.twitter.com/jackmallers www.twitter.com/TheGuySwann www.twitter.com/JeffBooth www.twitter.com/BTCSchellingPt www.twitter.com/stephanlivera www.twitter.com/pacificbitcoin www.twitter.com/AdoptingBTC www.twitter.com/knutsvanholm www.twitter.com/gregzaj1 www.twitter.com/FossGregfoss Contact us: www.2bitidiots.com

We live in the sticks.  We’re happy living in the sticks.  You couldn’t pay us enough (even sats!) to live in the city.  The problem with living in the sticks, however, is that you may be the only bitcoiner. That was true until Brendo came along.  2 of us fighting the good fight. But...it turns out we weren’t even the first in our part of the sticks.  Enter plebHODLBadger! We’ve found another Maxi and he has a friend too!  4 of us.  IN THE STICKS!  More Bitcoin Maxis than Post Offices.  We’re winning, and each one of you is the reason why.  Here’s his story: Running core in 2011, but turning it off to not waste his sister’s electricity Always stacking Getting burned in shitcoins and learning not to spend time thinking about them When does a scam become a scam The progress of the Lightning network and what’s still required Maintaining your passion for your fiat life and what comes next Hallucinogens and the mixing of the senses Rights, freedoms and your political opinions through a Bitcoin filter Getting paid in Bitcoin Validation Misconceptions around Bitcoin meetups What does the “fight you” stage look like Real estate. Investment or the family home SBF and FTX Working out what’s important to you The Bush Bash Tour NB: I was quiet for the first ten minutes.  Apparently, I still don’t know what I’m doing. You’re Welcome / Sorry (delete as appropriate) Tweet of the Week https://twitter.com/milessuter/status/1598151381189550080?s=20&t=vJv3acOj56IiFab33XsUgA Pod Shout-outs https://twitter.com/Dale21M https://twitter.com/Talej https://twitter.com/BTCSchellingPt https://twitter.com/timevalueofbtc https://twitter.com/BitarooExchange https://twitter.com/lnbits https://twitter.com/bitcoinbushbash https://twitter.com/tommyemmanuel https://twitter.com/johnkvallis https://twitter.com/Burning_Seed https://twitter.com/FractalEncrypt https://twitter.com/beefbackbetter Contact Us www.2bitidiots.com

This is our light-hearted take on the Bitcoin Bush Bash in Murrurundi, NSW. It was just as expected.  A few words that spring to mind: Welcoming.  Old friends.  New friends.  Honest (sometimes brutally).  Intellectually Stimulating.  Steak.  Beers.  Art.  Proof of Work.  Growing.  Committed.  Humble.  Curious.  Family.  Fun. That was our third and certainly not our last.  We’d love to make it to QLD, VIC and WA to attend theirs someday.  Let’s see. Most importantly.  If you haven’t yet been to a bush bash and you’re wondering whether to come, please do.  You’ll certainly be made welcome.  Better yet, start your own and send us all an invitation. Thank you to all those that didn’t want to be thanked!  Bitcoin for the win. If we have not made the connection yet (Twitter is best), please reach out to one/both of us as it’s not always easy to connect the online persona with the real-life human.  Safe travels. Pod Shout-outs https://twitter.com/bitcoinbushbash https://twitter.com/swaaalla https://twitter.com/AP_Bitcoin https://twitter.com/Dale21M https://twitter.com/Pete_Winn https://twitter.com/obi https://twitter.com/jack https://twitter.com/sc ;-) Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

It’s nearly Bush Bash time again, so here’s one for the road. On the agenda today: Welfare checks from your postman Weird questions Sugar is the biggest shitcoin Lightning node problems The friend that will tell you when you look like shit Why citadels won’t work Our favourite bush basher Are you prepared to not be liked Grayscale and Coinbase Proof of Reserves are a shitcoin Microstrategy Volcano bonds How did you feel safe as a child Taking responsibility for yourself Can you trust Bitcoin more than you trust yourself Why you will not beat bitcoiners Selling and buying back in Capital gains tax.  Terrible “advice”. Don’t do this. Spending your time doing something constructive Tweet(s) of the Week https://twitter.com/shouldbuybtc/status/1590994002408804352?s=20&t=u28DP-9voPIO-VTMSyZriA https://twitter.com/econoalchemist/status/1594467372047290368?s=20&t=u28DP-9voPIO-VTMSyZriA Pod Shout-outs https://twitter.com/RTL_App https://twitter.com/_k3tan https://twitter.com/BTCBrisket https://twitter.com/the_Bowdog Coinkite https://store.coinkite.com/promo/F7F47F1AF0ECB0D7E907 Saylor Academy https://learn.saylor.org/course/PRDV151 Brisket’s Doxx Jar Hats 14,900 Sats Itty 3,000 Sats Brendo 19,300 Sats Bitty 4,000 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Possibly our best work.  Definitely Brendo’s. Other than Fly Ninja we cross off the latest big topics: The Albury Shushing Conference The FTX shitshow Solvency, Liquidity and Contagion Fiat term deposits are the same as staked shitcoins Bank runs Learning hard lessons Holding your own Bitcoin Giving hope to drain the hope Hitler Diversification Leaning into the thing you don’t want to do Gay earrings Drink while you think Grass roots Tipping your favourite player Pod Shout-outs www.twitter.com/bitcoinbushbash www.twitter.com/HardBlockBTC www.twitter.com/dergigi www.twitter.com/BitarooExchange www.twitter.com/BTCBrisket www.twitter.com/dazbea1 www.twitter.com/Iceman_Hof www.twitter.com/Talej www.twitter.com/PerthHeat Brisket’s Doxx Jar Hats 14,900 Sats Itty 3,000 Sats Brendo 19,300 Sats Bitty 4,000 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Bitcoin is a game of patience.  Daniel has been here a while and has shown more patience than most. Founder of HardBlock.com.au – Australia's oldest Bitcoin only exchange – he's stayed true to his principles since finding Bitcoin in 2013.  There have been hurdles and challenges along the way.  Brendo and I sat down with him to hear his story and seek his advice.  It left us with plenty to consider.  We discuss: What it’s like being in Bitcoin full-time for 9 years Starting a Bitcoin business 4 months after discovering Bitcoin Jumping in on the 2013 price spike, and being underwater for 2 years Coming from a computer system engineering and economics background His rapid fall down the rabbit hole Never really having a “real job” Seeing a Bitcoin therapist Being part of a social revolution Managing risk in a Bitcoin business Being de-banked more than 20 times Building a service you’re happy to recommend to family and friends Encouraging customers to self-custody Shitcoin casinos Can you build a Bitcoin only business and why Industry bodies The ethics of advertising How you reach decisions Can a business outperform Bitcoin Local not global Pod Shout-outs www.twitter.com/HardBlockBTC www.twitter.com/AusBitcoinPod www.twitter.com/BitcoinAdelaide www.twitter.com/AusBTCIndBody www.twitter.com/aantonop www.twitter.com/bitcoinbushbash Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

It’s great having new guests on to tell us how they found their way to Bitcoin or explaining what they are doing in the Bitcoin ecosystem, but it’s also interesting to follow a story and see the progress over time. Owen is an example of the latter.  We first met at the OG Bitcoin Bush Bash in Murrurundi in 2020, then we travelled to his farm in northern NSW to check out his beef operation (EP22).  We spoke again as he went over to El Salvador on a scouting mission to see if it really was somewhere he thought he could live (EP43) and now we catch up with him as he’s finding his feet in San Salvador.  He’s not a talker...he’s a doer!  He’s also a good talker...we discuss: Being top of the 2 Bit league Making the decision to sell the farm and leave Australia Living next door to the President’s mum Making friends in San Salvador The general cost of living (rent, fuel, food, quality beef, motorcycles) Travel restrictions Where’s Jordy Nomad or Expat Optimising tax status The perfect San Salvador climate Paying in Bitcoin/Lightning Problems with payments generally Where is the most chilled out Bitcoin conference Using the local health system Gringos having an edge No scamming or woke culture, completely safe and much less regulation Business ideas Adopting Bitcoin Lightning Summit, Nov 15-17 https://adoptingbitcoin.org Bitcoin Landing Spot https://twitter.com/BTCLandingSpot Visas. Escape to El Salvador https://www.escapetoelsalvador.org Pod Shout-outs https://twitter.com/ThorupMikkel https://twitter.com/AdoptingBTC https://twitter.com/MuunWallet https://twitter.com/walletofsatoshi https://twitter.com/Bitcoinbeach https://twitter.com/GaloyMoney https://twitter.com/maxkeiser https://twitter.com/stacyherbert https://twitter.com/RealDougCasey https://twitter.com/nayibbukele https://twitter.com/BeefInAustralia https://twitter.com/ElSalvadorVisas https://twitter.com/BTCLandingSpot

Life’s been busy, but thanks for sticking around and waiting for us to put out another pod. Thanks also to Brisket and Daz for stepping up with some quality content while we were away. Reasons (excuses) and topics today include: Did we miss each other? Getting out of your bubble The Twitter detox Being scammed for billion-dollar notes in Zimbabwe How normal people operate in a country that has persistently high inflation How to get money out of the country (without Bitcoin) How missing the boat helps you talk about Bitcoin Is being early good or just frustrating Extremes of rich and poor Is insurance a shitcoin? Newcastle now has a Bitcoin meetup Bush Bash WA Bitcoin Moon Fund OMG Ubuntu Node Box Tutorials www.ministryofnodes.com.au Why shitcoins are still a thing Lack of political options The BoE, GBP and the general UK mess How to bet against a sovereign debt default Reserving library books Bush Bash Murrurundi, 26-27 November 2022 https://bitcoinbushbash.info/ 35,000 sats a haircut Pod Shout-outs www.twitter.com/dazbea1 www.twitter.com/BTCBrisket www.twitter.com/_k3tan www.twitter.com/WABBB_21 www.twitter.com/BTCSchellingPt www.twitter.com/bronzefozzz www.twitter.com/BitcoinMoonFund www.twitter.com/VP www.twitter.com/hodloncomrades www.twitter.com/2300btc Brisket’s Doxx Jar Hats 12,900 Sats Brendo 14,300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

We’ve all got that friend that “can’t afford Bitcoin” or says, “it’s too risky”, right? Well, this episode is for them. Please forward it on to them and we’ll talk them through risk free and no cost ways to earn Bitcoin (sats). Links to all the ways discussed in this episode can be found at: www.bitcoin-first.com/earn (Fountain –Breez – Fold – Lolli – Satsback – Thndr Games – Zebedee – Bitcoiner Jobs – Accepting Bitcoin) We also go off on our usual tangents, including: Being offended by deaf jokes Kate Bush Daz Bea: Live Bitcoin Bush Bash (25-27th November) Chris Farley Affiliate Programmes Domain Envy Jobs in Bitcoin Games Harry Handjob Pod Shout-outs https://twitter.com/dazbea1 https://twitter.com/PodcastindexOrg https://twitter.com/MattSenter https://twitter.com/wlrvs https://twitter.com/SwanBitcoin https://twitter.com/zebedeeio https://twitter.com/VoltPayApp Brisket’s Doxx Jar Hats 12,900 Sats Brendo 14,300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Hats is away and Brendo don't do show notes.  Suffice to say, and as you'll hear, this was an easy ep to record... Pod Shout-outs https://twitter.com/modernTman https://twitter.com/dazbea1 https://twitter.com/BTCBrisket https://twitter.com/FossGregfoss www.2bitidiots.com

Even if we get Morpheus himself, these 2 will always be our favourite guests. Today, we welcome Itty and Bitty (our daughters) onto the pod to tell us what they know about Bitcoin, how annoying Bitcoin dads are and to give a kid's perspective on all these things we keep going on about. I think they surprised themselves with how much they know, and it just proves that if kids can ‘get it’ there’s no excuse for anyone else not to. Plus, it’s a doxx fest, so it’s gonna cost us! We also talk about: Who pays the doxx fine A virtual money, a hard cap supply, no bank, peer-to-peer Getting better at knowing is easier when it’s something you enjoy What the girls believe money to be Shrinking Toblerone's, Big Mac’s and Pringles My terrible description of a 10p mix up Advertising tricks and mashed potato ice cream Scarcity Roblox and Robux Rollerskates and Dolls Buskers Turning anything into a Bitcoin conversation Do they talk about Bitcoin at school No more radio Accents Pocket money jobs eBay challenge How old is an old person, and how to convince them digital things have value Most people won’t know how Bitcoin works What’s your favourite part about Bitcoin We try to explain the difficulty adjustment Pod Shout-outs https://twitter.com/fold_app https://twitter.com/LookingGlassEdu https://twitter.com/THNDRGAMES https://twitter.com/PlaySHAmory Brisket’s Doxx Jar Hats 14,900 Sats Itty 3,000 Sats Brendo 19,300 Sats Bitty 4,000 Sats Daz 300 Sats – paid!

We were wrong. We keep doing pods with plebs from all over the world looking for how things are different where they are.  And the answer is always...they’re not.  Brendo even broke into “We Are the World” (sorry). This week it was our pleasure to chat with Abhilash Nair (Abi) from Hexa Wallet (hexawallet.io) the first product from BitHyve.  A fully remote team, predominantly based in India, the conversation focussed on Abi’s personal journey, the parallel journey of the Hexa Wallet and the Bitcoin 4 India conference on November 5th and 6th in Goa.  We also touch on: Accents changing every 20km, language changing every 100km. Educating 1.3 billion people in India. NO CONNECTION TO HEX COIN (please avoid) Simplifying Hexa Wallet for ease of use, and the introduction of “Pledge” (fundraising) and “Keeper” (storage) to be released in a couple of months. Building an easy on-ramp to the Bitcoin ecosystem with a polished UI/UX Gifting sats Integrated exchange functionality (Swan, Ramp and Wyre) The polarising view of Testnet Sentiment in India for Bitcoin and cRYptO Family gatherings Transformative books The BitHyve team and the use of advisors Bitcoin4India for Indian bitcoiners Job satisfaction “through the roof” Choose to be a cynical optimist Bitcoin 4 India https://bitcoin4india.org/ Bitcoin ONLY conference. 5/6 November. Goa, India. https://twitter.com/Bitcoin4India Hexa Wallet https://hexawallet.io/ A feature-rich, Bitcoin-only, self-custody wallet. https://twitter.com/HexaWallet Book Recommendations Atlas Shrugged by Ayn Rand https://amzn.to/3BQplpj Pod Shout-outs https://twitter.com/Raahulc369 https://twitter.com/sachintr_ https://twitter.com/mrugakshee https://twitter.com/BitcoinKeegan https://twitter.com/Prinsu777 https://twitter.com/pseudonymous369 https://twitter.com/RajarshiMaitra https://twitter.com/anant_tap https://twitter.com/Pras_Bit https://twitter.com/saiy2k https://twitter.com/saravananmani_ www.2bitidiots.com

We’re back where we belong.  My dingy garage.  But, we do have a piece of art on the wall now.  It’s a $50 note that we’re calling “nostalgia”. No guest this week I’m afraid, just Brendo asking stupid questions and then humouring my ranting responses.  We cover: Modern art. That banana. Remembering every person you’ve ever met Taking time off Twitter and not checking the Bitcoin price The build, slog, patience phase is where you prepare for the bull Forcing someone to become a hodler Bitcoiners that don’t yet know about Bitcoin Muun wallet BIP39. Brendo was right Support your struggling local businesses How easy it is for us in Australia compared to the rest of the world Debt to GDP Strikes The UK Furlough response compared to the Energy response Rent freeze in Scotland The size of the Mona Lisa Christine Lagarde's inflation hump UK open to yield curve control. The world becomes Japan. Meter maids The Mayer Multiple Tweet of the Week https://twitter.com/fabushka_/status/1567515097437769729 Pod Shout-outs https://twitter.com/_k3tan https://twitter.com/EthanBitcoin https://twitter.com/danWilcz https://twitter.com/SGBarbour https://twitter.com/LookingGlassEdu https://twitter.com/saylordotorg https://twitter.com/MeyrickDabs https://twitter.com/rabbitholerecap https://twitter.com/MuunWallet https://twitter.com/FossGregfoss https://twitter.com/jackmallers https://twitter.com/DylanLeClair_ https://twitter.com/TIPMayerMultple Brisket’s Doxx Jar Hats 10,900 Sats Brendo 12,300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

I know, I know...we’ve been slack. More accurately, I’ve been slack, and Brendo’s been pulling his weight (I know right!). Feeble excuse given in the pod. Sorry. But we’re back, and you’ll be pleased to hear we have a guest. Meyrick kindly invited us on to his pod (Meyrick’s Dabbling Path) a month or so ago, and we decided to continue the conversation here. Born in India but now an Australian citizen, he brings a different perspective that we are keen to hear more of. Bitcoin is for everyone, and we all need to spread the message as far as we’re able. We discuss: How he emerged from the shitcoin and NFT maze Working at a crypto research firm Stopping mining in the early days because it was “making Counter Strike laggy” Working in the banking sector in India Removing legal tender status of the 500 and 1000 rupee note Is it wasting time or is it learning Can you outperform Bitcoin How can Bitcoin fail Meatspace v Twitter at Melbourne Bitcoin meetup The “best” shitcoins are just loyalty programmes Fiat mining for Bitcoin Saylor Academy. Bitcoin for Everyone Backlash from switching to Bitcoin Thoughts on religion and where Bitcoin intersects Are bitcoiners better people Bitcoin in India How Bitcoin fits with the Islamic view of money Podcast plans Privacy and KYC free coins Pod Shout-outs https://twitter.com/stephanlivera https://twitter.com/PrinceySOV https://twitter.com/BTCSchellingPt https://twitter.com/parman_the https://twitter.com/johnkvallis https://twitter.com/Bitcoin4India https://twitter.com/summerofbitcoin https://twitter.com/HexaWallet https://twitter.com/HodlersWay https://twitter.com/bitcoinbushbash https://twitter.com/LynAldenContact https://anchor.fm/meyrick-john-dabreo https://learn.saylor.org/course/view.php?id=468&sectionid=17128 https://www.swanbitcoin.com/StackingHats https://unchained.com/ Brisket’s Doxx Jar Hats 10,900 Sats Brendo 12,300 Sats Daz 300 Sats – paid! www.2bitidiots.com

Let’s be honest.  HODLing through a bear market is difficult. But you know what’s more difficult...coming in at the all-time high, and still HODLing. Rauri (twitter.com/RHodlr) is a relatively new bitcoiner (he’s just approaching his 1st anniversary), but he has a rock-solid conviction and we wanted to know where it comes from.  We dig into the following to find out: Orange-pilled by @BronzeFozzz Winemaking and balancing the demands of work and family life Mental health challenges Green candles versus reality A value system that seeks truth and the importance of curiosity Scarcity is understood intuitively Conspiracy theories, fear and government control Did you see the Sri Lankan, Netherlands or Hunter Biden story on MSM? Absolutely ZERO shitcoins Becoming a completely different person Farming https://beefinitiative.com/ Men’s Retreat https://amberhawken.com Your answers are inside you Complete lifestyle changes Genuine responses and gratitude The growing bond with his kids Meditation and self-discipline Changing friendships Time is more important than Bitcoin Book Recommendations Choose Life (Daniel Prince) https://amzn.to/3JYK9NW 21 Lessons (Gigi) https://amzn.to/3AjeTFX The Price of Tomorrow (Jeff Booth) https://amzn.to/3bPpNtE The Bitcoin Standard (Saifedean Ammous) https://amzn.to/3Qq8rTi Green Murder (Ian Plimer) https://amzn.to/3C701vI Pod Shout-outs https://twitter.com/bronzefozzz https://twitter.com/dazbea1 https://twitter.com/FossGregfoss https://twitter.com/modernTman https://twitter.com/MartyBent https://twitter.com/jakeeswoodhouse https://twitter.com/johnkvallis https://twitter.com/amber_hawken https://twitter.com/mission_bitcoin https://twitter.com/Iceman_Hof Contact Us www.2bitidiots.com

We’ve had a review...and it’s not good.  To be fair, it was good for Brendo and shit for me.  You can’t please all of the people all of the time.  We’ll try to please some of the people some of the time. Other than our mediocrity, we discuss: Brendo’s best ever tweet First-hand experience of struggle and poverty Divergence of consumer debt and savings The battle of the $50 and why Brendo might get fired The Bitcoin Bush Bash wrap-up https://twitter.com/bitcoinbushbash/status/1554332450917994496 Coping with CPI round the world Desperate people do desperate things Whiplash in the Bitcoin price Lottery tax and how Bitcoin fixes gambling https://bitcoinorshit.com/ Ricin poisoning European gas pricing https://www.statista.com/statistics/1201743/russian-gas-dependence-in-europe-by-country/ Why my dad wants to buy more Bitcoin Public/Private keys analogy THAT review Tweet of the Week https://twitter.com/CasuallyGreg/status/1554200445286899712 Pod Shout-outs https://twitter.com/NorthmanTrader https://twitter.com/camilacampton https://twitter.com/MeyrickDabs https://twitter.com/dazbea1 https://twitter.com/ICOffenderII https://twitter.com/Pete_Winn https://twitter.com/Cryptic_Oz Brisket’s Doxx Jar Hats 9,900 Sats Brendo 12,300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

The quality of guests on the Australian Bitcoin Podcast hit a new low this week, so we thought we’d drop one at the same time, to go head-to-head with Justin. Hope this gives the bitcoiners heading home from Yeppoon some low-brow content after having your brain tested over the weekend. We discuss: What we’ll do with any boosts and streams Back to the Future Brendo not being fazed by the bear The pros and cons of being “all in” Bitcoin Managing consumer debt Why banks don’t act in your best interest Mortgage stress and the RBA Deterioration of living standards How many people want to be free? Tyranny and the degradation of liberties Italian stereotypes. Sorry Italy. Progress with a normie mostly down to improved UI/UX 1 on 1 orange pilling Are we saving people or do we just want to talk about Bitcoin Public library information sessions Urology and STDs! The Line Stackchain Tweet of the Week https://twitter.com/ParikPatelCFA/status/1552000171499741192 Earn Sats www.bitcoin-first.com/earn Pod Shout-outs https://twitter.com/bi_t_crispy https://twitter.com/Breedlove22 https://twitter.com/jordanbpeterson https://twitter.com/haggishodl https://twitter.com/anaveragesalmon https://twitter.com/stilgray https://twitter.com/AriZonanHODL https://twitter.com/BTCBrisket https://twitter.com/fountain_app https://twitter.com/bluewalletio https://twitter.com/CitizenBitcoin https://twitter.com/PrestonPysh https://twitter.com/SwanBitcoin https://bitcoinonly.store/ Brisket’s Doxx Jar Hats 9,900 Sats Brendo 10,300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com

There are bitcoiners who are made, and there are bitcoiners who are born.  The former are to be respected.  They have a different perspective on life, but when presented with new information, they change their mind.  Totally logical, but all too rare.  However, the latter have always been bitcoiners.  They’ve had a Bitcoin mindset forever; Bitcoin just didn’t exist. Michael – @Talej – is definitely in the second group, and his recent article in Bitcoin Magazine proves it. https://bitcoinmagazine.com/culture/becoming-antifragile-with-bitcoin-and-beyond In this conversation we dig deeper into each section of the article to find out how and why Michael lives the way he does, what motivates him, and the process of making himself Antifragile.  We discuss: Food Health and Fitness Income and Finances Community Skills/Knowledge Development Dependency and Mindset We also go on to talk about what he’s creating at www.voltpay.app  - a point of sale solution for merchants wanting to accept Bitcoin via the Lightning Network.  Find out how it could help you, or how you could help it.  Team member 2 could be you! Earn Sats www.bitcoin-first.com/earn Pod Shout-outs https://twitter.com/VoltPayApp https://twitter.com/ck_SNARKs https://twitter.com/BitcoinMagazine https://twitter.com/bitcoinbushbash https://twitter.com/shouldbuybtc https://twitter.com/FossGregfoss https://twitter.com/IBEX_Mercado https://twitter.com/PrinceySOV https://twitter.com/PerthHeat https://twitter.com/beefbackbetter https://twitter.com/dazbea1 https://theurbanfarmer.co/ Brisket’s Doxx Jar Hats 5900 Sats Brendo 8300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com

One of the things I’m enjoying the most about doing the pod, is that we are starting to develop a little community of like-minded, no-nonsense bitcoiners.  So, it’s great to have one of them back for another chat, to see where things have changed since we last spoke, what we got right and what we got wrong. Scotland has given the world many things, from the TV and telephone to the fridge and the toaster, but none of it is better than Haggis.  So, if you need a good Bitcoin twitter handle, @HaggisHODL is it. In this one we talk about: Drunken DM’s Scottish football A new bet and meme-ing bitcoin onto the balance sheet of our teams St Mirren not Helen Mirren The new little chip is born. Listen to see if you won the sats. A Twitter hiatus Being over-exposed in a bear market The impact of consumer price inflation in Scotland and Turkey Anti-theft devices on cheese and baby milk The rise of crime Misreporting of news around the world UK cost-of-living payment.  UBI creeps in. Acting normal when things aren’t normal Are people ready to face scary? Earn Sats www.bitcoin-first.com/earn Pod Shout-outs https://twitter.com/mission_bitcoin https://twitter.com/anaveragesalmon https://twitter.com/dazbea1 https://twitter.com/bougatsas1 https://twitter.com/glennhodl https://twitter.com/bi_t_crispy https://twitter.com/BTCBrisket https://twitter.com/the_Bowdog https://twitter.com/DWhitmanBTC https://twitter.com/rjames_BTC https://twitter.com/efebitcoin https://twitter.com/DudeJLebowski https://twitter.com/donnerheid https://twitter.com/BTC_SCO Brisket’s Doxx Jar Hats 5900 Sats Brendo 8300 Sats Daz 300 Sats – paid! Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Brendo doesn’t have many good ideas, but every now and then he surprises us all.  I hope you enjoy the intro. He appears on podcasts more often than Nic Carter shills a shitcoin, but since Brendo was eating his steak (not a euphemism) it seemed only fair that we have @dazbea1 back on to tell us where we’re going wrong in life. Strangely though, for a Queenslander, the more you dig with Daz the more interesting he becomes...and it turns out...Brendo can sing, so it really just begs the question, what exactly do I offer the plebs.  You judge.  I know you will, and I love you for it bitcoiner. We cover: Growing weed or Bitcoin mining.  Which will be the most illegal My Bitcoin back story Watching our heroes fall, and the maxi pile-on www.lookingglasseducation.com Bitcoin education and the ladder to self-sovereignty DINO (Decentralised in Name Only) Normies will resonate with different voices Clothes pegs, wicker chairs and fat fingers The Brisket system...the rainy-day fiat Yield in Bitcoin Fountain Value for Value Mining at home Apologies for the sound at my end.  All my fault. Book Recommendations Atlas Shrugged - https://amzn.to/3NEUEGf Earn Sats www.bitcoin-first.com/earn Tweet of the Week https://twitter.com/InterstellarBit/status/1542441170449494016 Pod Shout-outs https://twitter.com/maxkeiser https://twitter.com/stacyherbert https://twitter.com/MadBitcoins https://twitter.com/CitizenBitcoin https://twitter.com/PrestonPysh https://twitter.com/Excellion https://twitter.com/sebbunney https://twitter.com/JeffBooth https://twitter.com/ICOffender https://twitter.com/gregzaj1 https://twitter.com/mission_bitcoin https://twitter.com/bi_t_crispy https://twitter.com/BTCBrisket

Last time out, we finished recording early and had a bit of spare time.  We could think of nothing to say to each other!  So, we put out a tweet to see if anyone was up for a pleb chat, and I’m delighted to say we got Crispy (www.twitter.com/bi_t_crispy) With zero planning and zero agenda, what you get is a totally natural conversation, and it turns out, Crispy’s a top bloke...but then, he is a bitcoiner, so... * Win 30,000 Sats * Crispy is also about to have his 2nd child, so we have a competition for you.  Leave a comment on this episode on Fountain, guessing the block height when the baby is born.  If you have the closest guess, Crispy, Brendo and I will each give you 10,000 sats. Rules at the end of the pod. We discuss: The various contributing factors that led Crispy to Bitcoin (including a monsoon in Vientiane) Bitcoin being his biggest catalyst for a career change Why curious generalists are naturally attracted to Bitcoin Being orange-pilled by mistake Why no-one moves on from Bitcoin Believing in shared truths Money being a communication tool Starting to engage with bitcoiners in real life Underdogs Humans adopting tools that help them co-ordinate Bitcoin only Telegram Understanding the source code www.bitcoinonly.store Book Recommendations Sapiens: A Brief History of Humankind https://amzn.to/3NobmJI Pod Shout-outs https://twitter.com/Iam_Satoshi https://twitter.com/dazbea1 https://twitter.com/aantonop https://twitter.com/HassMcCook https://twitter.com/bitcoinbushbash https://twitter.com/hodloncomrades https://twitter.com/the_Bowdog https://twitter.com/_k3tan https://twitter.com/SatoshiSale https://twitter.com/clarkmoody https://use.foldapp.com/r/ALTHXAUK Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

We all talk about Bitcoin in El Salvador, but what do we really know? Brendo and I speak to “Bond to Unbind” Director and Producer Tomer Kantor, who wanted to know the answer to that question, so he bought a plane ticket, picked up his camera and went to find out for himself. We found the documentary to be an honest portrayal of how Tomer found it.  No hype, no hopium, just a real representation of the opinions of Salvadorans less than a year after President Bukele announced the Central American country would be the first in the world to recognise Bitcoin as legal tender. The conversation led us to discuss: The film-making process, and how a project like this comes together The benefit of not having a pre-determined story to tell...no confirmation bias The skill of listening and allowing people to speak The interesting content that surprises you whilst editing The willingness of Salvadorans to appear on film, and how welcoming local people were What Salvadorans really think of Bitcoin (good and bad) The political backdrop in El Salvador and lack of opposition to the President Willingness of businesses to accept Bitcoin as payment Bitcoin being blamed by some for inflation The need for education (everywhere, not just in El Salvador) and how that should be done The Bitcoin national diploma International businesses opening offices in El Salvador How taxi drivers spent their $30 of Bitcoin from the government The documentary being seen as honest by local people and the analytics showing that it’s being watched by Salvadorans Will people relocate to El Salvador because of Bitcoin? We highly recommend you watch the documentary yourself, follow @Iam_Satoshi and look out for his future work. https://www.youtube.com/watch?v=Jx-QWOHuug0 Other Documentaries by Tomer Kantor (twitter.com/Iam_Satoshi) https://www.youtube.com/c/SatoshiPollenIamSatoshiDocumentary Pod Shout-outs https://twitter.com/beefbackbetter https://twitter.com/LakeBitcoin https://twitter.com/IBEX_Mercado https://twitter.com/Bitcoinbeach https://twitter.com/MyfirstBitcoin_ https://twitter.com/OpenNode https://twitter.com/Strike Brisket’s Doxx Jar Hats 3900 Sats Brendo 6300 Sats Daz 300 Sats – paid!

Brendo had the shits, that gave me the shits and now we’re back talking shit.  Hi. If any of these tasty nuggets grab your attention, press play: Congratulations to Matt and Marty Tubby Little Library Waddlers Would you like to know what guests are coming on so you can ask them a question? 2-Bit Idiots show stats Anchorman Plugging the other Australian podcasters Shitcoins are a car crash it’s hard not to look at Inflation is now stealing (at least) 1 month of your salary Explaining why Consumer Price Inflation (CPI) is not accurate Grifter of the Year.  Janet Yellen. Brendo orange-pills the tax man The priority of rich people is wealth preservation Buying Bitcoin versus Earning Bitcoin www.bitcoin-first.com/buy www.bitcoin-first.com/earn Delivery driver Bob’s discretionary spending Why you should grow your own avocados Australia is still, comparatively, a good place to be Emirates to start taking payments in Bitcoin Primary research in Zimbabwe Pod Shout-outs https://twitter.com/the_Bowdog https://twitter.com/mission_bitcoin https://twitter.com/jakeeswoodhouse https://twitter.com/AP_Bitcoin https://twitter.com/efebitcoin https://twitter.com/_k3tan https://twitter.com/LookingGlassEdu https://twitter.com/saylor https://twitter.com/beefbackbetter http://amzn.to/3KwBTDq https://www.youtube.com/watch?v=_VT_zpHQzBE Tweet of the Week https://twitter.com/anilsaidso/status/1533846334528028672 Dick of the Day Richard Heart...but I refuse to @ him.  What a dick. Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

This one felt a bit depressing as we were doing it, but listening back, it doesn’t sound that bad.  I’m definitely not being contacted by advertising companies looking for a salesman!  Let us know what you think. This week’s a Hats and Brendo episode, where we discuss all the important topics and some things that will make you laugh (mostly at us): My complete ignorance of Marvel My goggles joke that seemed good in my head, but was a complete flop How long ago 1 trillion seconds was Human inability to comprehend big numbers, exponentials and compounding The Luna debacle “virtually risk free” Why we shouldn’t say shitcoin “Old people” and why they must hedge.  Listen to @hodloncomrades Financial advisors and why they should be obsolete When will the economic collapse happen, or are we in it now and just don’t realise it The BBC are a shitcoin Could you spend 10% of your Bitcoin every year and get richer Brendo’s 3rd pizza day George W. Bush and the worst gaffe on the internet since AmericanHODL perved on Preston’s daughter Clip of the Week @Pete_Winn on @AusBitcoinPod https://fountain.fm/episode/7768419329 Pod Shout-outs https://twitter.com/FatManTerra https://twitter.com/FossGregfoss https://twitter.com/hodloncomrades https://twitter.com/JeffBooth https://use.foldapp.com/r/ALTHXAUK https://www.swanbitcoin.com/StackingHats Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Don’t Trust. Verify. That’s the oft repeated mantra in Bitcoin circles. But how many of us practice what we preach? We first met Owen at the inaugural @BitcoinBushBash in Murrurundi, and subsequently travelled to his farm in northern NSW to learn why a Bitcoin maximalist would move into regenerative organic beef production (EP22). So, when we heard that he had gone to El Salvador to judge for himself what is really happening there, we wanted to hear all about it. In this conversation we discuss: Taking the opportunity to leave the country after the lockdowns What it’s like meeting bitcoiners every day in El Zonte (and for some people the first time they’ve met another bitcoiner ever) Paying for (nearly) everything in Bitcoin Hope House Bond to Unbind - https://www.youtube.com/watch?v=Jx-QWOHuug0&t=2s Bukele being a bitcoiner for a long time Zero tolerance for shitcoiners The Chivo wallet has given some people a bad first impression of Bitcoin Supermarkets having 1 aisle or 1 person who understands Bitcoin Learning through doing Is relocating to El Salvador a good option Informal Bitcoin meetups every day Surfer, bitcoiner (or both) Some people blame Bitcoin for rising prices Healthy scepticism of Bukele and Bitcoin Gang arrests, state of emergency and covid lockdowns Goods and services still priced in USD Opportunities (particularly farming) in El Salvador and working with local growers Foreign investment, residency and citizenship Buying land with Bitcoin Pod Shout-outs https://twitter.com/bitcoinbushbash https://twitter.com/HopeHousesv https://twitter.com/Bitcoinbeach https://twitter.com/GaloyMoney https://twitter.com/LakeBitcoin https://twitter.com/IBEX_Mercado https://twitter.com/bluewalletio https://twitter.com/MuunWallet https://twitter.com/johnkvallis Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

How do you convince friends and family that Bitcoin is the solution?  First, they must understand the problem. Fortunately, Daz and Seb have you covered.  Through www.lookingglasseducation.com they have created their first FREE course entitled Debt, Inflation and the Bigger Picture. The course is written in a way that makes it accessible to all and presents Bitcoin as an option (the best option) to protect your financial security.  However, it in no way forces that on the student and simply offers the information and tools that allow you to think for yourself. Don’t Trust, Verify. In this conversation we cover: How the course and the people came together Determining the target market Foss’s ski-lift etiquette The breadth of topics Bitcoin touches Coercive centralisation versus passion-based decentralisation Very promising numbers of people doing the course The next course will be Bitcoin fundamentals Value 4 Value Keeping the education free for those that need it Creating curriculum The importance of self-custody Brisket’s Doxx Jar Hats 1900 Sats Brendo 2300 Sats Daz 300 Sats – paid! Course Made Possible By https://twitter.com/FossGregfoss https://twitter.com/jameslavish https://twitter.com/plebmusic https://twitter.com/sansone_jm https://twitter.com/dalia_platt Other Pod Shout-outs https://jameslavish.substack.com The Bitcoin Standard - http://amzn.to/3KwBTDq The Bullish Case for Bitcoin - https://amzn.to/3LfEwde https://twitter.com/PlaySHAmory https://www.youtube.com/channel/UC32zG7alhxoCmHxId9uBl-g https://www.hardblock.com.au/join/hats Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Let’s address the elephant in the room.  Bitcoin is tanking.  I mean, I’ve seen worse, but it’s not fun.  In these situations, you must keep asking yourself “where else am I going to go?”. We encourage you to look for alternatives.  But once you have, and have evaluated them objectively, you’ll be back stacking sats and feeling grateful you get the chance to do it so cheaply. In this episode we discuss: Tanking shitcoins Halving humpday A long time thinking nothing has happened, but then the perspective you get when you summarise the last year. Africa leapfrogging straight to Lightning Fountain splits $6.5 trillion in US treasury bonds due to mature in the next 12 months. Rebranding quantitative easing Sanctions are doing the opposite of their intended purpose.  Russia doubling income from oil and gas sales to the EU. Weimar hyperinflation Elizabeth Warren. The Karen’s Karen. Why Brendo doesn’t want to be a politician. Swimming in a non-existent tidal pool and reading in a non-existent library. Will the next big news be a group of countries adopting Bitcoin? Tweet of the Week https://twitter.com/eabrosius/status/1521158195141562369 Dick of the Day Property “Investors” Brisket’s Doxx Jar Hats 1900 Sats Brendo 2300 Sats Daz 100 Sats – paid! Pod Shout-outs https://twitter.com/fountain_app https://twitter.com/parkeralewis https://twitter.com/BTCBrisket https://twitter.com/PrestonPysh Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

“Imagine, everything there is and everything that will ever be, divided by 21 million” @knutsvanholm I’m going to do something a bit different with these show notes.  I’m giving you the questions we had for Knut, to let you be the judge of whether we stuck to the script.  I hope the answer is “somewhat”, but I also hope you enjoy the off-script chat as well: Q1. Are you still a pleb? Q2. What was the lightbulb moment for you in the Infinity / 21m idea? Q3. What is toxic maximalism? (The shitcoiner term for the truth) and should we all try to be more pragmatic? Q4. If countries are just ideas, what is the future of countries on a Bitcoin standard? Q5. Are our fiat rulers ignorant or wilfully deceptive? Q6. Politicians are great at kicking the can down the road.  How much further can they kick it? Q7. As you’ve become more well known in the Bitcoin world, has that restricted you or changed any of your behaviours? Q8. What is your opinion of fractional reserve exchanges? Q9. First El Salvador, now the Central African Republic.  Who next? Q10. What’s next for you? Knut has been a huge influence in my thoughts and conviction around Bitcoin.  I would strongly recommend you pick up his books: Bitcoin: Sovereignty Through Mathematics - https://amzn.to/3ktOywc Bitcoin: Independence Reimagined - https://amzn.to/3vvGHV8 Bitcoin: Everything Divided by 21 Million - https://amzn.to/3KyUXke and read the articles he’s written for Citadel 21.  Specifically: Deeper Down the Rabbit Hole (Volume 5) https://www.citadel21.com/deeper-down-the-rabbit-hole Imagine Reimagined (Volume 8) https://www.citadel21.com/imagine-reimagined Pod Shout-outs https://twitter.com/JeffBooth https://twitter.com/gregzaj1 https://twitter.com/FractalEncrypt https://twitter.com/hodlonaut https://twitter.com/TheGuySwann https://twitter.com/IoniAppelberg https://twitter.com/camilacampton https://twitter.com/SusieBdds https://twitter.com/PrinceySOV Thanks to our Wise Furry Yoda.

We’ve recovered from the visit of Fozz (just) and we’re back with a Hats and Brendo, giving you our opinion (we know nobody asked for it) on this week in Bitcoin and the drama on Twitter.  We cover: Being a scammer being a pre-requisite of operating a bank in the UK. Why you should never use PayPal, or at least never hold any significant value there. Earning Bitcoin on Fold via the Spin Squad. use.foldapp.com/r/ALTHXAUK (referral link which will give you 5000 free sats) Guy Swann’s wizard scar. https://twitter.com/TheGuySwann/status/1517569952756154378 What do you own that can’t be taken from you? Becoming known as the Bitcoin guy in your circle of friends. Get on Breez or Fountain and support your favourite podcasters. Dorsey’s behaviour shift since leaving Twitter. Should Elon buy Twitter? The block reward in 2108 is 149 sats. Michael Saylor on Lex Fridman. Most maximalist arguments are just 2 people talking on a different timeframe. A Bitcoin ETF in Australia. Brendo triggers me with an Australian Financial Review article (see Dick of the Day). Why young people don’t have any trouble seeing digital value. Julian Assange Tweet of the Week https://twitter.com/caitoz/status/1516728074922229761 Dick of the Day Tom Richardson from the Australian Financial Review Pod Shout-outs https://twitter.com/SimonDixonTwitt https://twitter.com/maxkeiser https://twitter.com/SwanBitcoin https://twitter.com/fold_app https://twitter.com/trylolli https://twitter.com/DrBitcoinMD https://twitter.com/_t_o_o_r_a_j_ https://twitter.com/fountain_app https://twitter.com/LukeGromen https://twitter.com/haggishodl https://twitter.com/econoalchemist Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

We love the internet.  We love Bitcoin.  But we also love the real world, and there’s nothing better than hanging out with proper bitcoiners in meatspace. *WARNING* This one gets messy.  Fozz arrived armed with beer and port, I may have chipped in with one of the good whiskies (I give the cheap stuff to the normies), and Brendo contributed nothing and stacked sats instead (not true, he now has his own beer shelf in my fridge!)  The language gets colourful, and the slurs get worse as we go. You’ve been warned.  Proceed at your own risk. A quick overview of what we covered: A ridiculous amount of name-drops.  We were all guilty.  I’ll include some below, sorry if I missed you out. Fozz’s move into farming, his long-term plans and how Bitcoin will get him there. Why those with addictive personalities love (and stick with) Bitcoin. Health, ethics and hope for the future. The joy of orange-pilling friends and family. Bitcoiner v Bitcoiner debates Fractional Bitcoin exchanges Fozz pushes back on my Spend and Replace idea. Tell us who’s right. Drum kit sales Vijay Singh versus Vijay Boyapati 1 hr 34 min gets interesting! Book recommendations: The Bitcoin Standard by Saifedean Ammous https://amzn.to/3rrOAbZ 21 Lessons by Gigi https://amzn.to/3rywPYp Pod Shout-outs https://twitter.com/giacomozucco https://twitter.com/evoskuil https://twitter.com/BitarooExchange https://twitter.com/_k3tan https://twitter.com/parman_the https://twitter.com/BTCSchellingPt https://twitter.com/roryhighside https://twitter.com/dergigi Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Based on the feedback (1 person told us once) you love Hats and Brendo episodes. So, by “popular demand”, here’s another one.  It’s taken me 5 days to get this one out, so I’d imagine it’s all irrelevant by now, but you’re going to listen anyway, so here’s what you’re going to hear: Is criticism of Bitcoin 2022 warranted Stable coins. Tokens pegged to fiat! Don’t do it. Macro fire from Lawrence Lepard The Powell Pivot Blaming Bitcoin for an economic crash Cancelling debt MMT is here in Australia Pegging and Sounding Why UBI is ultimately disastrous for poorer people Maxi’s needing the last word, and why they are the immune system Bitcoin consuming everything Should there be an edit button on Twitter, and what’s Elon’s game Latvia and Slovakia paying for gas in Rubles Economies failing Nocoiners easier to orange-pill than shitcoiners Bitcoin to $1m or Eth to $0 Are you Dave Gorman Could you live to 1000 Anti CBDC campaign Mining Bitcoin better than a rental property Tweet of the Week – Lawrence Lepard It’s not a tweet, it’s the podcast with Preston Pysh and Lawrence Lepard. Listen to this before you listen to us: https://play.fountain.fm/episode/7592484100 Brisket’s Doxx Jar Hats 900 Sats Brendo 1300 Sats Daz 100 Sats – paid! Pod Shout-outs https://twitter.com/BitcoinMagazine https://twitter.com/BitcoinMemeHub https://twitter.com/HermesTrading1 https://twitter.com/Pete_Winn https://twitter.com/LookingGlassEdu https://twitter.com/Inchhighprivate https://twitter.com/SymbolSatoshi https://twitter.com/BikesandBitcoin Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Hats: “I know nothing about audio mate, have you got that covered?” Brendo: “Sure.  I’m your man” Hats: *facepalm emoji [Apologies (particularly to Albert) for the sound quality on this one, but the content is good.] You may have seen Albert (@bitcoin_hostel) go viral recently, with his “We are building a Bitcoin Hostel at one of the most beautiful beaches in Europe” tweet. We wanted to get him on the pod to tell you the full story.  It’s exciting, and what’s more, you can be part of making it happen.  In the pod we discuss: His first touch point with Bitcoin was in school but fell down the rabbit hole in 2016/17. He’s an architect by profession and has seen first-hand the frustrations of contracting to government organisations. Why governments need to get out of the way, and why building the Bitcoin economy is the peaceful alternative. The struggles of being unvaccinated and working in Germany, and the pressures of home working. Building a Bitcoin hostel combines his (and his girlfriends) interests in travel, architecture, interior design, meeting diverse people and of course Bitcoin. Going viral on Twitter and being shocked by the positivity and support. Inspiration from El Salvador. Inflation creeping into the conversation globally. Why Portugal?  (Culture/Nature, Price and Low Taxation) Why it’s possible to find free land. Making the connections needed to make the project a success.  A Bitcoin grassroots project. Architectural competition to design the hostel. Stimulating an economy with pro-Bitcoin regulation, and the need for certainty in the regulatory environment. Elon Musk building a factory in Berlin without building permits. Red tape can be cut if there is the will (see the situation with Ukrainian refugees). Hostel stories. (Would make a great podcast!) Follow Albert's journey at www.bitcoin-hostel.com and reach out if you have skills or knowledge that can help make this idea a reality. Thanks Albert. Brisket’s Doxx Jar Hats 900 Sats Brendo 1300 Sats Daz 100 Sats – paid! Pod Shout-outs https://twitter.com/PrinceySOV https://twitter.com/maxkeiser https://twitter.com/stacyherbert https://twitter.com/tallycoinapp Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

We’re out of isolation and back in the dungeon.  So basically, I’ve just walked down the stairs and Brendo’s allowed to visit again.  The rock and roll lifestyle of a Bitcoin podcaster.  We can’t all be influencers, I guess. As usual we hit all the big topics: Surviving covid Floods in Australia “cHAnge thE CoDE” If you’ve got 100,000 sats you’ve got enough (but get more) Jack Mallers and Apple Should Bitcoin Magazine give a platform to scammers Pragmatism Who we reject from the pod Quadriga QX Kraken enabling lightning withdrawals HardBlock China’s exposure to US Treasuries and how they’ll reduce it Limiting exposure to sanctions The budget in Australia and securing critical supplies Clipping on Fountain The rack of hats Should we document the Perth Heat journey? Dick of the Day Greenpeace and that Ripple schmuck.  I won’t even say his name. Tweet of the Week - Bitcoin Baddie https://twitter.com/0xBitcoinBaddie/status/1507791165948575748?s=20&t=12p9ztvI-Hu7R9jXoL3HSA Brisket’s Doxx Jar Hats 900 Sats Brendo 1300 Sats Daz 100 Sats – paid! Pod Shout-outs https://twitter.com/clockwork_prior https://twitter.com/jackmallers https://twitter.com/bitcoinbushbash https://twitter.com/hodloncomrades https://twitter.com/BTCSchellingPt https://twitter.com/dazbea1 https://twitter.com/HardBlockBTC https://twitter.com/gladstein https://twitter.com/PrestonPysh https://twitter.com/fountain_app https://twitter.com/knutsvanholm Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

If you’ve been listening to us recently, you can’t have missed us waxing lyrical about Fountain app (www.fountain.fm), so, we were delighted that Oscar Merry accepted our invitation to come on and tell us all about it. We were aware of some of the implications of podcasting 2.0, but this episode will give you an insight into Oscar’s vision for the future and how we all benefit. We talk about: The Bitcoin back-story starts with a tech/engineering background, the ignored introduction by a friend and a bullishness for podcasts and audio in general Building games on Amazon Alexa Fountain started with the idea of curating pods with clips (playlists) and integrating Bitcoin wasn’t part of the plan How to discover and share the best insights from podcasts The open nature of podcasting 2.0 Fountain contributing to Bitcoin orange-pilling way faster than most of us managed Streaming Bitcoin (sats) over the Lightning network to your favourite creators “Boosts” (a tip with a message) to help you connect with your audience Putting the control of the listening experience in the hands of the listener Are podcasters adjusting their content to reflect the interests of their listeners Using listener comments in show content Why the advertising model will not be replaced by value-for-value (yet) Supporting podcast guests with splits Exposing podcasters to Bitcoin for the first time Decentralisation and interoperability of podcasting apps Streaming sats becoming normal in all disciplines Lightning comments enabling listeners to help other listeners and hosts interact with their listeners Brisket’s Doxx Jar Hats 400 Sats Brendo 300 Sats Daz 100 Sats – paid! Pod Shout-outs https://twitter.com/adamcurry https://podcastindex.social/@dave https://twitter.com/the_Bowdog https://twitter.com/THNDRGAMES Mere Mortals Podcast https://play.fountain.fm/show/j1bfwVHlTy5lVlPPiRRX The Kevin Rooke Show https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT Contact Us https://2bitidiots.com https://twitter.com/StackingHats https://twitter.com/BitcoinBrendo

We first met Sven at the inaugural Bush Bash at Murrurundi, and have been following his work since then.  I’m sure you’ll have seen some of it on Twitter or heard about it on other pods, but if not, go check out his feed @StarfuryFlames. Here’s a high-level rundown of the topics covered, in a refreshingly open, honest and personal conversation: The story and meaning behind the Twitter handle. Falling deep and quickly into Bitcoin in 2017, coming with a libertarian mindset and a software engineering skillset, he went “all in” early. Why he felt the need to contribute Anacho-capitalism, fire dancing and freedom maximalism Bitcoin being the tool for job BitTorrent as the proof of concept Different paths to the same destination Running an organic muesli business Motion graphics, After Effects and self-taught in Illustrator Bringing together your personal skill set, and getting paid to do the thing you love Appreciating working within constraints Shadowbans Fuel prices are going to wake people up Psychedelic festivals, personal experiences and therapeutic use of drugs How do creative people work for Bitcoin The importance of positivity The moral quandary of NFTs Spending your sats with other bitcoiners. Should you stop being “tight”. “I am actually a graphics programmer”. Love it! Book recommendations: Snow Crash by Neal Stephenson - https://amzn.to/3MXQrhU Food of the Gods by Terrence McKenna - https://amzn.to/3CGlaez Brisket’s Doxx Jar Hats 400 Sats Brendo 300 Sats Daz 100 Sats – paid! Pod Shout-outs Stefan Molyneux – Freedomain https://twitter.com/aantonop https://twitter.com/the_Bowdog https://twitter.com/joerogan https://twitter.com/johnkvallis https://twitter.com/bitcoinbushbash https://twitter.com/SuperRare https://twitter.com/PerthHeat https://twitter.com/InfiniteFleet https://twitter.com/dergigi https://twitter.com/BitcoinerJobs Contact Us https://2bitidiots.com https://twitter.com/StackingHats https://twitter.com/BitcoinBrendo

Brendo is on tour, and he left me in the dungeon.  So much for teamwork!  But we didn’t want to let our loyal fans (both of you) down, so the show must go on.  General ramblings again tonight.  Here’s the talking points (apologies for Brendo’s filthy mouth): Was Adam Back an extra on NCIS 80% good pod. 15% abysmal pod. 5% private Lightning over Fountain podcasting Why everything will stream Sats Value for Value Perth Heat and why we should all be buying their merchandise NZ protests and us being desensitised to extreme behaviour Rivet Gold Jerome Powell stating there is room for more than 1 reserve currency No one understands freedom more than Iranians! Why what politicians say is now completely hollow rhetoric US National debt What happens when you can’t buy Bitcoin The upside of your Bitcoin is way greater than the downside of your debt Everything bitcoiners say is coming true The twitch Has your favourite family member changed because of Bitcoin What’s the next thing you’re going to do in Bitcoin Lightning nodes The cost of puppies Is alcohol (or everything that isn’t Bitcoin) a shitcoin Why consequences must matter again Dick of the Day We didn’t have one...so Brian Armstrong. Tweet of the Week - Cedric Youngelman https://twitter.com/CedYoungelman/status/1499071798419369990 Brisket’s Doxx Jar Hats 400 Sats Brendo 300 Sats Pod Shout-outs www.twitter.com/adam3us www.twitter.com/PerthHeat www.twitter.com/fountain_app www.twitter.com/Breez_Tech www.twitter.com/SwanBitcoin www.twitter.com/the_Bowdog www.twitter.com/_k3tan www.twitter.com/BTCsessions www.twitter.com/BTCBrisket www.twitter.com/mission_bitcoin Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

It really is fun to sit down to record a pod and have no idea what direction it’s going to go.  This week we predominantly discussed library policies. I know, I know that sounds unbelievably depressing, but I think you’ll be pleasantly surprised...seriously! If that’s not for you, then maybe something else from the following list will be: Brendo looking tired and my hair looking amazing. My struggle orange-pilling my family, and everyone at Brendo’s work being sick of him. Why we laugh like Muttley and a little girl. Forget alpha, we’re not even a beta. The beef between 2-Bit Idiots and the Australia Bitcoin Podcast. Places to spend your Sats (30 businesses). www.hodlwadl.com is yours if you want it, or if you’re a duck. Fountain app, splits and recognising the contribution of guests. Texting an ex when you’re drunk. Superbowl commercials and taking credit for things you didn’t do. Free ColdCard for independent media. The good and the bad of Peter McCormack. Is there room for pragmatism in Bitcoin? Why the marginalised recognise the need for Bitcoin first. The response you receive from bitcoiners to genuine questions. Censorship REQUEST BITCOIN BOOKS AT YOUR LOCAL PUBLIC LIBRARY Book recommendations: The Bitcoin Standard by Saifedean Ammous https://amzn.to/3Azt1YE The Price of Tomorrow by Jeff Booth https://amzn.to/3j0r8y2 Why Buy Bitcoin by Andy Edstrom https://amzn.to/2X8qmr8 Dick of the Day Brian Armstrong. Every day. Forever. Tweet of the Week www.twitter.com/orthogonus/status/1495899439290068997 Tweets of the Week – it's a Tie! www.twitter.com/mithcoons/status/1496214531915366407 Brisket’s Doxx Jar Hats 400 Sats Brendo 300 Sats Pod Shout-outs www.twitter.com/Cavallokristen www.twitter.com/Coinkite www.twitter.com/PeterMcCormack Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Interview time again, and this week I’m out of my depth, while Brendo shines!  I know...who’d have guessed?! Our guest is @BitcoinSampo, and we’re delighted to go international again.  We want to hear perspectives from all over the world and get out of our own echo chamber.  So, we’re (virtually) off to Finland. Despite sounding like an assassin, Sampo is a prolific Twitter poster about both Bitcoin and human rights.  An English teacher by profession, he currently operates a small business that offers translating services, most recently in the gaming industry. He – like many – are class of 2017, but really put in the work in 2018 to “discover the beauty of Bitcoin”, and for the last 3 years has been Bitcoin only. In the pod we discuss: The importance of study Book recommendation: The Bitcoin Standard by Saifedean Ammous https://amzn.to/3Azt1YE Why the March 2020 crash wasn’t as concerning as November 2018. Real entrepreneurs have times of great cash flow and then times of poor cash flow, and how Bitcoin can become your “savings account” for those tougher times. Tax law being not fit for purpose. The dollar value is short time preference, and the Sats you accumulate is your score. Being privacy conscious before Bitcoin and controlling your personal information. Living in a high tax society. Integrating Bitcoin/Sats into gaming. Integrated with CS Go. Could Bitcoin make different games interoperable. Product placement in games. The Light Bulb Conspiracy www.youtube.com/watch?v=BWJC5ieUAe4 Is there potential for collusion at nation state level in Bitcoin?  KYC versus non-KYC. Plebs together strong. The threat of Russia is different when you live closer. Unite behind the fundamentals. 21m coins. Supply halves every 4 years. A new block every 10 minutes. Go follow: www.twitter.com/BitcoinSampo Pod Shout-outs www.twitter.com/bitrefill www.twitter.com/zebedeeio www.twitter.com/THNDRGAMES www.twitter.com/MintGox www.twitter.com/tallycoinapp www.twitter.com/hodlonaut Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Hat’s and Brendo episode tonight guys...switch off now if you hate these ones. Kidding, of course, and thanks for coming on this journey with us. As usual, it’s just the 2 of us riffing on the current news stories and how they affect Bitcoin...or should that be how Bitcoin affects them. We cover: The “hot asian chick who wants to know how our trade is going”. Podcast 2.0 Brendo’s thought process Hats in the bath Episode BTC065 of the We Study Billionaires podcast: What does the BIS, IMF and World Bank Even Do w/ Sam Callahan Being used by Justin from HardBlock 😉 Are we going to start to hear from the quiet accumulators? Stack. HODL. Spend. Replace. Our mate down the hill. When to admit you were wrong. Bank “outages” in Canada Why Justin Trudeau is the best advert for Bitcoin Don’t go all in on Bitcoin until you fully understand the ramifications Perth Heat and the hot tub Daz in an oodie, Hats in the budgies and Brendo in the nude. Tweet of the Week Daniel https://twitter.com/dka218/status/1493494779027632130 Brisket’s Doxx Jar Hats 200 Sats Brendo 300 Sats Pod Shout-outs www.twitter.com/dazbea1 www.twitter.com/BTCBrisket www.twitter.com/fountain_app www.twitter.com/samcallah www.twitter.com/philip_bowman www.twitter.com/mission_bitcoin www.twitter.com/FatboySlim www.twitter.com/FossGregfoss www.twitter.com/SatsOnTheBeach www.twitter.com/JamesMelville www.twitter.com/stevennelkovski www.twitter.com/dka218 Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Justin is the education, content and privacy lead at HardBlock (the oldest Bitcoin only exchange in Australia), helping no-coiners become bitcoiners and bitcoiners become self-sovereign and privacy conscious. But – perhaps more importantly – he is a psychologist who is bringing those skills into the Bitcoin economy. We’ve been wanting to do pod about depression/hope/desperation/purpose for a while now, but (understandably) no one has wanted to come on the pod to open themselves up to that. So, the next best thing is to look at those issues from a professional perspective and Justin knocks this one out of the park. We cover loads of different angles, but here’s a summary of the topics we discussed. We genuinely hope it helps someone. Justin’s journey into Bitcoin through psychology, through his interest in privacy and government overreach. How the current system prevents psychology from being a confidential service, and how implementing Bitcoin (and privacy tools) into a practice could improve the service to the client. Looking at the world though a Bitcoin lens and realising that it’s solving the problem of corrupt/broken money. How you can see the misallocation of fiat in healthcare, nutrition, farming practices, the education system, science...the list goes on. Society being robbed of Zero to One moments. The Price of Tomorrow, Jeff Booth - https://amzn.to/3j0r8y2 The Bitcoin Standard, Saifedean Ammous - https://amzn.to/3Azt1YE Mastering Bitcoin, Andreas Antonopolous - https://amzn.to/3BfF1Ao Increase in lack of meaning, emptiness and cognitive dissonance, despite leading a “full” life. General free-floating stress and anxiety. Emotional regulation systems. Enjoyment, Achievement and Soothing. Turning off the stress system. Understanding that you are not the cause of the negative things you are observing in the world. Balancing delayed gratification with foregoing the present. Shitcoins being fractional reserve banking on steroids (but we like familiarity) Eclipse attacks. The most successful orange-pill technique starts with, “How is Bitcoin relevant to you, and what concerns you?” The HardBlock story. Being a customer and liking the ethics before joining the team. Thinking of Bitcoin as a savings account. Turning down offers to shitcoin. No deposit (auto buy) or trade fees, withdrawal (auto send) just 99 sats! Make money purely from the spread. Complexity being abstracted away. Building trust and engaging with local businesses. Brisket’s Doxx Jar Brendo 300 Sats Hats 200 Sats Pod Shout-outs www.twitter.com/gladstein www.twitter.com/danWilcz www.twitter.com/tallycoinapp www.twitter.com/TheMikeStillUK www.twitter.com/HardBlockBTC Contact Us www.2bitidiots.com

We squeezed in a quick Hats and Brendo before we spoke to @DazBea1. We discuss: Rogan (190 million downloads a month) and free speech.  Why is he being cancelled now?  The vast majority of people are afraid, and that fear is being exploited. Removing your content from Spotify purely for engagement. The ongoing saga with Bitbo. Brendo’s low time preference chest freezer for Hats the cow (resilience), dryer and using as much energy as he can. Next up a Bitcoin miner. 2 Bit Idiots is (almost) available on Fountain app. How we make the pod. Why I dress up as Robin on the weekends. Cancel culture and the outrage loop. Just because you don’t agree doesn’t mean something should be silenced. Who knew Canadians truckers and Belgian farmers would be our saviours. Peaceful protests, despite the negative personal impacts. Doxx Stats Brendo 100 Sats Hats 100 Sats Pod Shout-outs www.twitter.com/beefbackbetter www.twitter.com/fountain_app www.twitter.com/efecini www.twitter.com/headlinervideo www.twitter.com/camilacampton www.twitter.com/adamcurry www.twitter.com/jordanbpeterson www.twitter.com/selfbankt www.twitter.com/BitBuyBitPod www.twitter.com/Marketsbylili Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

If you could pick a skill set to hit the ground running in Bitcoin, you’d struggle to be ‘luckier’ than Daz.  A sparky by trade, with a science degree in engineering, experience in marketing, an interest in macroeconomics, an ability to communicate (written and spoken) and an all-round good bloke...he’s a Venn diagram of a bitcoiner. He started stacking in March 2020 – coming from the value investing angle (ht Preston Pysh) and has contributed lots already since he spends “most of my waking time” on Bitcoin.  Read some (all!) of his work at: www.dazbe4.medium.com As always, our pod’s completely lack structure, focus and we drift all over the place.  Sorry (not sorry).  We hit on some important topics (and some not so) in this one, so take from it what you will and direct all criticism at Brendo.  We discuss: Why all you need to survive the virus is a caravan and an oodie How it helps you have your wife on-side (tip: have a spreadsheet with your personal net worth that you can screenshot and send to them in a raging bull market) How to find the intrinsic value of stocks, and why almost everything is over-valued: https://amzn.to/3snra76 - The Warren Buffett Accounting Book – Stig Brodersen & Preston Pysh Fiats Gains versus Changing the World Writing for friends and family and just making it more widely available How institutions will flush out your Bitcoin leveraged longs Do not trade, just DCA (or should it be called Mining Cost Average) Home mining checklist (including safety concerns) How to source home miners and the value of non-KYC sats If you can dial into your modem, you can mine Merger of all of the loves Bitcoin mining becoming the demand of last (or first) resort on the grid Why stranded energy and Bitcoin are a match made in heaven Writing a financial literacy course that’s accessible for everyone (hopefully in time for Bitcoin ‘22 conference) Death by PowerPoint, and What Is Money? You can’t orange pill in 10 minutes without sounding like a lunatic Apologies for a couple of audio issues.  We promise, Daz has now freed himself from the Matrix. Pod Shout-outs www.twitter.com/FossGregfoss www.twitter.com/PrinceySOV www.twitter.com/BTCSchellingPt www.twitter.com/KaboomracksNick www.twitter.com/LordFusitua www.twitter.com/braiins_systems www.twitter.com/sansone_jm www.twitter.com/sebbunney www.twitter.com/jameslavish www.twitter.com/plebmusic www.2bitidiots.com

Feels like a while since we’ve done a Hats and Brendo.  Let’s be honest, the guest shows are better, BUT these are the ones where we just muck about, say whatever garbage comes into our heads and see if we can trigger each other.  It’s a lot of fun. We can’t even promise it’s always going to be Bitcoin related (even though everything is if you try hard enough).  In this we discuss: Water parks, CrossFit, old-man injuries and the noise you make getting into a bean bag. Brutal honesty. Why Star Trek is shit. Avoiding talking about Bitcoin Testing Brendo’s knowledge of currencies What are shitcoiners thinking when their shitcoin is tanking Why the mission is greater than the money Why humans take the easy option Podcast 2.0 and Brendo’s sympathy sats. Is anyone a Bitcoin Maximalist Home mining with solar, and why using all energy sources are good for Bitcoin.  (DM us if you want to come on to talk about home mining) Why I’m about to eat myself! Which of our guests is most likely to be the spook? Michael Caine and the Spice Girls Mrs Hats isn’t a sheep Meatloaf, Betty White and celebrity deaths The importance of local farmers Why the monarchy is a pre-mine Is there room for pragmatism in Bitcoin Tweet metrics Bear markets are where shitcoins go to die. Tweet of the Week www.twitter.com/dldasilvarosa/status/1484260764487720964?s=20 Pod Shout-outs www.twitter.com/BitboBTC www.twitter.com/clarkmoody www.twitter.com/BTCBrisket www.twitter.com/dergigi www.twitter.com/Seetee_io www.twitter.com/BTCsessions www.twitter.com/_k3tan www.twitter.com/BTCSchellingPt www.twitter.com/santi_btc www.twitter.com/jackmallers Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

This one is an open riff with a fellow pleb.  There was no agenda and no list of questions to get through. Brisket is a beef maximalist.  He was a bitcoiner waiting for Bitcoin, when he was introduced via the Human Performance Outliers Podcast with Shawn Baker, Zach Bitter with Saifedean Ammous and Michael Goldstein as guests (Episode 28). As a self-described “fat bastard” we talk about his 10-year journey trying to figure out his best diet and how carnivore was the last one he tried and the one that’s had the most impact. He tells us of the health benefits from his dietary changes, particularly additional strength in his joints. We discuss: Why there is no money in providing good dietary advice (more broken incentives), and why switching to carnivore does cost more for quality meat and set-up, but less if you remove all the supplements you’re taking. Why Gold is so hard to own. Brendo and Brisket get into BBQ porn.  Listen to their little exited voices. 😉 Being able to see and appreciate value everywhere when you look through a Bitcoin lens. Tolerating the legacy bullshit, compared to the swear limit on 2BitIdiots. Spending your whole life fitting in, and how Bitcoin allows him to be his weird self. Also taking the fear out of losing your job. The implications of growing up in a migrant community. The need for diversity of ideas. Why he loves it when bitcoiners say something controversial. Are countries even relevant anymore, the need for tribes and his quest for land. “Don’t question the sCIencE” Brisket, Brisket, Brisket, Skittles The number of people that are bitcoiners but just don’t know it yet. Why humans become unpredictable when they start looking out for your best interest. The shift in mindset when you do something you value that’s not for the profit. Price suppression Which Bitcoiner has been Most Influential to You? www.twitter.com/johnkvallis “There’s nothing fake about Vallis.  He brings 100% authenticity to every conversation.” Other Pod Shout-outs www.twitter.com/SBakerMD www.twitter.com/zbitter www.twitter.com/PierrePoilievre www.twitter.com/rjames_BTC www.twitter.com/AlpacaAurelius www.twitter.com/BTCSchellingPt www.twitter.com/beefbackbetter Contact Us www.2bitidiots.com www.twitter.com/StackingHats www.twitter.com/BitcoinBrendo

Richard James (@rjames_BTC) is best known in Bitcoin circles as the creator of the films Hard Money, Petrodollars and Anatomy of the State, but he’s also a small business owner from Melbourne, Australia who holds his balance sheet in Bitcoin.  He’s a proper bitcoiner! We first met Richard at the Murrurundi Bitcoin Bush Bash, where unfortunately Brendo let us all down with his audio skills 😉 and the quality was just not good enough to include in the roundup.  So, we wanted to make up for it and sit-down with Richard long-form and discuss his Bitcoin story and his thoughts as to what comes next. We jump around a lot on this one (that’s on me, sorry), but it was a great back and forward with someone who brings an interest and knowledge in diverse areas such as, small business, travel, history, Austrian economics, government and money but who also has the ability to story-tell in a manner that’s approachable to the average person.  Seriously...watch the films (and share with a friend)! [ Links available from Richard’s Twitter profile: www.twitter.com/rjames_BTC ] We also discuss: His decision to take his travel business onto a Bitcoin Standard and how that decision insulated it from the negative effects of the Covid response. How he thinks about the management of a business that holds its treasury in Bitcoin. How Bitcoin has changed his outlook on life, politics and becoming involved in a community that views the world differently. Our mutual love/hate relationship with Twitter. The need to write and create to get your thoughts about Bitcoin straight in your own head and being able to share it with others being a secondary concern. The gap for quality video content at the time of creating Hard Money but doing it without any Bitcoin contacts at all. Telling a story about Bitcoin, without mentioning Bitcoin. The hidden tax of inflation, and why Bitcoin solves the problem. Reaching out to bitcoiners and the positive response to cold DM’s. The future for governments on a Bitcoin Standard...do we try and fix the current model, or just build an alternate system. Making the distinction between government itself and a government employee. Localism, local self-determination and the El Salvador case study. Coming to the end of multiple cycles. Which countries will be next to adopt Bitcoin. If you’re interested in doing the Kokodo Track, have a great idea for a Bitcoin film or just want to connect with a good bloke, hit Richard up on Twitter. Other Pod Shout-outs The Bitcoin Standard – Saifedean Ammous - https://amzn.to/3Azt1YE Anatomy of the State – Murray Rothbard - https://amzn.to/33EjF3e The 4th Turning – William Strauss and Neil Howe – https://amzn.to/3zXUHb0 www.twitter.com/Breedlove22 www.twitter.com/dergigi www.twitter.com/PrestonPysh www.twitter.com/bitstein www.twitter.com/WTF_1971 www.freeprivatecities.com

Owen is a bitcoiner and cattle farmer who we first met at the Bitcoin Bush Bash in 2020.  He gave a Bitcoin for Beginners presentation then and followed that with a Regenerative Agriculture presentation in 2021. There’s no better way to learn about something than to see it for yourself, so Brendo and I jumped in the car and headed north to visit the farm and see his farming philosophy in action. We met his Mum, Jordy the dog (named after Jordan Peterson) and the cows.  If lunch is anything to go by, his methods work! You might not immediately see the connection between Bitcoin and farming, but as Owen explains it’s all about proof of work, time preference and mimicking nature. He talks us through: His career up to now in organic farming certification and regulation on and off for the last 20 years, in Australia, South-East Asia and the Pacific Islands. How his work and travels introduced him to the problems of devaluing currencies (people carrying shopping bags full of cash), credit systems and currency exchange. Organic and regenerative farming processes and producing good beef. Why the money is the underlying cause of so many of the world’s problems, and why farming is the ultimate low time preference activity. His self-taught journey in economics, and how he’s now teaching people locally about Bitcoin (What, Why, When and How) We tour the farm; hear about Owen’s thoughts about diet; see the tree planting (agri-forestry) project (assisted by the local community); Regenereggs; Beef Back Better; cell grazing; keyline ploughing to improve water retention; cattle supplements trailer with a back rubber; exponential grass growth; the negative feedback loop of set stocking; local farmers helping each other out and bartering produce; and advice for the consumer. Why incentives are misaligned for farmers which leads to misallocation of capital. The important of private property rights. Teaching people the importance of holding your private keys and not to be distracted by scams. Why DCA is the way. Where are all the smart thinkers in the modern age? People losing faith in the institutions and why the positivity in Bitcoin will win. If you’d like to connect with Owen please search for the Beef Back Better telegram group. Investors, farmers, egg producers or just someone who wants a quality beef supplier (we endorse this!) please drop Owen an email at: beefbackbetter@protonmail.com Which Bitcoiner has been Most Influential to You? www.twitter.com/saifedean Other Pod Shout-outs www.twitter.com/maxkeiser www.twitter.com/jordanbpeterson www.twitter.com/AllanRSavory www.twitter.com/BitarooExchange www.twitter.com/Trezor Contact Us www.twitter.com/2BitIdiots www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats

Happy New Year.  Hope you’ve all survived hanging out with your normie family, and that you’re suitably refreshed and ready to smash it in 2022. If you like hearing us ramble about nothing in particular, this is the show for you! As well as talking about the disgraceful state Brendo got himself into at New Year, we also talk about: Orange-pilling another neighbour, learning to follow your gut instincts and where to send people first Do price drops test your resolve Why all price predictions, heroes and prophets are very dangerous Can Apple avoid Bitcoin in 2022 The Bitcoin blockchain (timechain) explained simply Price versus Hashrate.  What follows what. USD $7t printed in 2021 Obscene levels of debt in Canada Why hodling fiat is like being on a treadmill Why Turkey is the canary in the coal mine Why gold bugs are 100% right on fiat, and 100% wrong on Bitcoin Why banks have no money in the vault Icelandic banks, e-mails from Nigeria and legalised fraud Real estate agents with whitened teeth Convincing the masses to do something stupid Stealing Brendos’ TV Don’t treat the Stock to Flow model as gospel Tweet of the Week We didn’t give this proper credit on the pod, but shout-out to www.twitter.com/bitcoinfox_ for the Bitcoin/Apple logo. Pod Shout-outs www.twitter.com/FriarHass www.twitter.com/coryklippsten www.twitter.com/dergigi www.twitter.com/BTCSchellingPt www.twitter.com/stephanlivera www.twitter.com/CBO_21 www.twitter.com/stevennelkovski www.twitter.com/efecini www.twitter.com/1971Bubble www.twitter.com/SpencerKSchiff www.twitter.com/mike_maloney Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com  Thanks for listening, and all the best for 2022.

We lied to you.  We said we would do interview/us/interview/us and it’s been all interviews recently.  It’s hard to say no to people though, and it’s great to get other people’s perspectives to help you refine your own.  We hope you’ve enjoyed them too. This week, however, it’s back to just the 2 idiots in the garage, with very little preparation, just spit-balling about Bitcoin.  You could say that the lack of preparation was lazy (and you’d be right), but it also means you get our genuine opinions, as we have them, and that’s all too rare in the censored world we live in.  If you like it, great.  If we offend, we’re sorry, that is never the intention. Anyway, this week’s topics include: More than 90% of Bitcoin has been mined. My worse analogy ever...it involves eggs. Microstrategy having purchased 23% of all newly mined Bitcoin since they entered. Jack Dorsey’s next moves. Orange-pilling your 70-year-old gamer neighbour and asking a 95-year-old to have a 5-year plan. Why you shouldn’t get a haircut and just stack sats. What makes people willing to hear the Bitcoin story. NFT’s, and why they are a bullshit sales pitch. Property is being sold for Bitcoin in Dubai. Why we are all still shitcoiners. Tweet of the Week www.twitter.com/haggishodl for sharing www.storeoftime.com by www.twitter.com/alex_kaul Pod Shout-outs www.twitter.com/loishh www.twitter.com/clarkmoody www.twitter.com/BitcoinErrorLog www.twitter.com/BitcoinCityDXB www.twitter.com/dazbea1 www.twitter.com/NattyHODL Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

Once you truly see the potential in Bitcoin, you go all in, and don’t look back. This week, we learn from THE Bitcoin Baseball team’s CBO (Chief Bitcoin Officer) Patrick O’Sullivan, that the first movers are Perth Heat. www.bitcoinperthheat.com We go right back to the start of Patrick’s Bitcoin story – the first Christmas lunch orange-pilling – all the way to his appointment as CBO, and what that means for the team. We discuss: His research, self-directed education and conscious decision to share his knowledge in the most impactful way. Conversations that started with Steve Nelkovski (CEO) in late 2019, and the work that has gone in since to transition to a Bitcoin standard organisation.  To hold it on the balance sheet, to pay players and staff and have Bitcoin embedded in the stadium (even buying a beer). The “fun side-project” of becoming a better Bitcoin advocate. Building the infrastructure to make it possible and using Bitcoin tools to take away the pain points (and costs) of the legacy system. How it’s easier as a nimble organisation that can start from a blank slate, and how competitive athletes instinctively ‘get it’. We talk about the streamlining the processes with players (particularly ones that move countries to play), the leadership, the board and future ambitions. Patrick relates Bitcoin’s proof of work to the energy required of an athlete to be elite.  Will humans continue to unlock energy reserves in the future.  If we do, Bitcoin wins. The positivity of responses from supporters, players, the media and other organisations. How long can Perth Heat’s competitors wait to not adopt a Bitcoin standard. Custody setup for corporate Bitcoin. How it feels to be the Chief Bitcoin Officer. Thanks Patrick.  I’m off to order a hat. Pod Shout-outs www.twitter.com/stevennelkovski www.twitter.com/saylor www.twitter.com/knutsvanholm www.twitter.com/OpenNodeCo www.twitter.com/SwanBitcoin www.twitter.com/BitcoinerJobs Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

The weekend was awesome, the audio is appalling.  As I frequently remind him, Brendo is responsible for the audio, so please direct complaints his way. I’ll not doxx anyone here, but just summarise to say 40-50 bitcoiners rocked up to Murrurundi (rural New South Wales) for the 4th bush bash.  It’s the first time we’ve returned to a town, and we’ll definitely be back.  There are also ‘bashes’ in Beechworth (VIC) and Yeppoon (QLD).  We’d love to see TAS, SA, WA, ACT and NT events as well. Special mention to @hodloncomrades and @BTCSchellingPt for all the work they put in to make the event such a laid-back success. Great to meet so many solid bitcoiners, with not a scammer in sight. On behalf of all attendees, can we also thank the Railway Hotel, Nellie Belle’s, the White Hart Hotel and the locals we had the pleasure of meeting for their fabulous hospitality. See you next year. Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

Actually no, that’s not strictly true... Brendo has a troll.  Call us naïve, but what better way to engage than to invite him on the pod.  And it turns out, we all got on well.  Why?  Because we’re all bitcoiners, that’s why. Frankly, I wish Brendo had got a harder time, but apart from a few sly digs, BowDog let him off easy. 😉 This was a fun one for us.  We spoke about: How we all come in from different angles (BowDog came the Austrian economics route) but arrive at the same place. Remembering the time when the Bitcoin epiphany struck? The sheer volume of information you consume once you start going down the rabbit hole, and how much learning you have to do to find your conviction. Housing and the generational divide. Whether normies have to been burnt by shitcoins to learn. Enjoying the bear markets. Your Bitcoin being “in a fat man’s closet in New Zealand” The increase in gaslighting, theatre and apathy everywhere. Jack Dorsey “stepping away” from Twitter to focus on Bitcoin. The negatives of hyperbitcoinisation, how frightening the transition might be and how we might reorganise. The El Salvadoran Bitcoin bond. Mental health. Thanks BowDog.  We enjoyed the chat. Pod Shout-outs www.twitter.com/aantonop www.twitter.com/GhostofSvetski www.twitter.com/SGBarbour www.twitter.com/econoalchemist www.twitter.com/Excellion www.twitter.com/mike_maloney www.twitter.com/upstreamdatainc www.twitter.com/walletofsatoshi Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

The giants of Bitcoin Australia just keep showing up on the 2-Bit Idiots pod, and there is no better than WizardofAus. I’m also pleased to say it was our first meatspace interview, as Wiz joined us for a BBQ (before the mics were turned on) and whisky (while they were on). The pod had 2 main topics - Security and the Bitcoin Bush Bash: Security Security is a journey. Having Bitcoin is better than not having Bitcoin. You don’t need to be running a 3 of 5 multi-sig, with multiple hardware devices on day 1. You just need to work towards it. The path a lot of bitcoiners follow is generally: Exchange Custodial/Hot/Mobile Wallet Collaborative Custody Wallet Single-Signature Hardware Wallet Multi-Signature Hardware Wallet(s) (with 3rd party) Multi-Signature Hardware Wallet(s) Bitcoin Bush Bash www.bitcoinbushbash.info Next event 4th and 5th December in Murrurundi, NSW. Hope to see you there. Thanks to www.twitter.com/hodloncomrades for all your efforts here. We highly recommend you read Wiz’ articles in Citadel21: www.citadel21.com/not-your-keys-not-your-bitcoin www.citadel21.com/gather-your-tribe It was also a name drop fest, so let’s give you links to a few that were discussed during our conversation. If you’re just starting your journey into Bitcoin Twitter, you’d be well advised to follow them all: Individuals www.twitter.com/BTCSchellingPt www.twitter.com/_k3tan www.twitter.com/mflaxman www.twitter.com/knutsvanholm www.twitter.com/ChrisEspley1 www.twitter.com/LynAldenContact Businesses OXT - www.twitter.com/oxt_btc Citadel21 - www.twitter.com/ctdl21 SeedSigner - www.twitter.com/SeedSigner CASA - www.twitter.com/CasaHODL Citadel Dispatch - www.twitter.com/citadeldispatch Monochrome - www.twitter.com/MonochromeAsset Thanks for listening. More info @ www.2bitidiots.com

Hats and Brendo shoot the shit about all things Bitcoin.  This week we cover: Elon Musk, THAT Twitter poll, unrealised capital gains and could he be selling stock to buy Bitcoin.  Are FAANG stocks becoming yesterday’s news. Tim Cook is now holding Bitcoin (and eTh) but Apple has no plans to purchase. We talk about when that will change and whether it’ll be company led, or shareholder forced. Hats says that Laser Eyes are a shitcoin, and it didn’t go down well. Why wildly swinging markets are your opportunity, if you put the effort into learning and building your conviction. Hint: www.bitcoin-first.com/learn but why they will decrease over time. Australian Houses Priced in Bitcoin. You think the value of your house is going up, @hodloncomrades proves you wrong (even when property prices in Noosa are rising $6000 per week). Why you need to find a Bitcoin maxi and hold on to them tight. Why you need to be buying on Lolli and paying with your Fold card. “Zimbabwe government consulting private sector on legalising Bitcoin”. Why the next great meme is the domino meme with flags instead of dominos. We talk about the terrible ‘official’ 6.2% CPI rate out of the US and why it’s way worse than that. Just look at the increase in Disney and Netflix subscriptions.  Biden is even trying to say that the money printer on steroids will correct the inflations problems (it won’t). Tweet of the Week www.twitter.com/Wicht10 Pod Shout-outs www.twitter.com/desperateSia (Found a Guide) www.twitter.com/KatieTheRussian (Was the Guide) www.twitter.com/BitarooExchange (Australia’s Best) www.twitter.com/hodloncomrades (House Price Myth Buster) www.twitter.com/CryptoCloaks (Not Pomp) www.twitter.com/MattSenter (Lolli not Jolli) www.twitter.com/StarfuryFlames (GIF Artist) www.twitter.com/BVBTC (Movie Maker) www.twitter.com/LynAldenContact (CPI Truth-Teller) www.twitter.com/Wicht10 (Tweet of the Week)

Quick fire pods this week, and this time our guest is @MattSenter, CTO, Co-Founder of Lolli.com and Jason Mamoa lookalike. Mostly based in North Carolina and launched in 2018, Lolli is a service which requires no technical skills, but allows people to earn Bitcoin rewards whilst shopping online, without having to buy it directly. Through their browser extensions (Chrome, Firefox, Edge and Safari), iOS app (with Android beta testing shortly) or website, Lolli generates leads for a retailer, for which they receive a commission, and they pass on the lion’s share to the shopper in Bitcoin. The business model does not require them to collect and sell personal information, and the customer can withdraw their rewards (in BTC or USD) once they’ve earned $15. We speak to Matt about: Lolli the Business - Being able to demonstrate competent management of customer assets is good from an investment perspective. Launched in a bear market but were still having terrific growth. US only for now, but the next obvious stops would be the English-speaking countries, with the first stop being Canada, subject to regulatory hurdles. 20 remote staff, plus contractors as required. Lolli Merchants – More than 1000. How they build relationships with retailers. Discuss the little effort required from the retailer “minutes to set up if they are on a supported platform”. The challenges of onboarding larger brands as they are more wary of jumping into Bitcoin and may be pursuing other strategies. Customers – Estimates 60-70% are first time bitcoiners, and 20-25% are female, goal to educate about “not your keys, not your coins”. All website activity increases when Bitcoin moons. Customers posting screen shots of gains, with some effectively getting their purchases for free. Thanks Matt. Mamoa 1 – 0 Culkin Pod Shout-outs www.lolli.com www.twitter.com/IncredibleCulk (Matt Senter lookalike) www.twitter.com/alexadelman (Lolli CEO) www.twitter.com/trylolli (Official account) www.twitter.com/Walmart (Missing out) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

When you sit down with a Scotsman to talk Bitcoin, the conversation inevitably turns to freedom. We start with a shout-out to Haggis’ meatspace mate @anaveragesalmon who helped his transition from “buying Bitcoin to speculate in a myth” to becoming a “freedom coin stacker”. Haggis tells us how during the first lockdown in Scotland he turned to Bitcoin education (multi-tasking with podcasts and being one of the plebs on Twitter) day and night to learn “what Bitcoin is, what it can do and what it plans to do...and how it’s going to change the world...because the only two finite things are time and Bitcoin”.  During that time, he realised he had to get his savings into a safer store of value. We discuss how The Bitcoin Standard gives you a whole new understanding of what money is, and how most of us have never really had to consider if the current system is fit for purpose. Haggis highlights the school building program in El Salvador, and how Bitcoin is genuinely saving lives, which makes him see the Bitcoin project and his contribution in a whole new light, and how he enjoys the reactions of friends and family when he tells them these stories. We talk orange-pilling your friends and how good it makes you feel to know you’re protecting them, when you’ve done the work and they trust your opinion, and how having 2 people helps you convince others. We talk Scottish football (soccer) and how putting a little Bitcoin on the balance sheet of your local sports team or club could level the playing field or even change balances of power completely, or at the very least ensure survival. We even see the Bitcoin virus infect PSV Eindhoven, Watford and Southampton. We delve into the thorny issues of politics, political oppression, Brexit and Scottish independence, but Haggis tells us he’s come to realise that politics in general is all just theatre and that the idea of a nation state is just that, an idea. Was great to outnumber Brendo. Thanks Haggis. Australia 1 – 2 Scotland 😉 Pod Shout-outs www.twitter.com/anaveragesalmon (Twitter Orange-Piller) www.twitter.com/TFTC21 (Top Podcast) www.twitter.com/TheGuySwann (Bitcoin Educator) The Bitcoin Standard https://amzn.to/3Azt1YE (Saifedean Ammous) www.twitter.com/frankiemacd (Funny Man) www.twitter.com/CormackDavie (Aberdeen FC) www.twitter.com/PricedinBTC (Bitcoin Stats) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats www.bitidiots.com

We have a couple of guests over the weekend, so thought we’d squeeze in an extra ‘Hats and Brendo’ episode for you. We riff on: The Commonwealth Bank (Australia’s biggest bank with 15.9 million customers) announcing they are adding ‘digital assets’ to their banking app, and why that’s a good and a bad thing. Why no one likes a guy without a cake. Coinbase adding up to $1m Bitcoin collateralised loans.  We discuss why that brings the Michael Saylor speculative attack opportunity to everyone. Why fiat currency exchange is now dead in a world with Bitcoin. Why the greatest act of charity you can perform is dying with your Bitcoin. How many coins have been lost or haven’t moved in years. Why you shouldn’t wish your life away, and why slow adoption of Bitcoin is far better (but won’t be what happens). Hats analogy: Why buying Bitcoin now is saving you from going down on the Titanic. Tweets of the Week Brandon Quittem and Ryan DeLongpre Links below. Pod Shout-outs www.twitter.com/hodlhodl (Global P2P Bitcoin Trading & Lending) www.twitter.com/bluewalletio (Bitcoin & Lightning Wallet) www.twitter.com/THNDRGAMES (Bitcoin Bounce Game) www.twitter.com/fold_app (Bitcoin Reward App & Card) www.twitter.com/Bquittem (Bitcoin is the Mycelium of Money, BrandonQuittem.com) www.twitter.com/RyanDelongpre (Top Tweeter) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

Hats and Brendo riff on all things that have caught their attention this week in Bitcoin. Why technology is difficult, and why that’s no different in Bitcoin. If you find it easy, you must become the go-to person in your friend and family group. Toxic Brendo trends on Twitter Business and Finance and tells us why he looks through all financial advice books for mentions of Bitcoin, and why most of the content is crap. If you want a list of good Bitcoin books, go to www.bitcoin-first.com/learn We discuss whether crematoriums should be fitted with a Bitcoin miner, to donate your body to the network. Find out what Lionel Richie and Homer Simpson have in common. Why do we trust politicians and bankers on money, when we don’t trust them on anything else? Max Keiser and David McWilliams discuss why Gresham’s Law suggests Bitcoin is a bad thing. Why Hats thinks there will be another cycle, but why he should be wrong. The narrative shift in the last 6 months on Bitcoin mining. When do whales start buying failing companies.  Who will be the first bitcoiners to own an airline, and how many businesses (including Bitcoin businesses) will outperform Bitcoin. What would you sell Bitcoin for? Preston Pysh and John Vallis talk about 1 Bitcoin being worth 100 salaries. We also touch on conspiracy theories around power shortages. Tweet of the Week: Alon Shvartsman Dick of the Day: Us Pod Shout-outs twitter.com/alonshvartsman (Shadowy Super-Coder, Twitter) twitter.com/hodlonaut (Space Cat, Twitter) twitter.com/Seetee_io (Closing the Loop Podcast, John Vallis and Preston Pysh) twitter.com/LionelRichie (Yes, that one) twitter.com/davidmcw (Economist and Broadcaster) twitter.com/HillebrandMax (Free Software Entrepreneur) twitter.com/100trillionUSD (Stock to Flow Famous) twitter.com/compass_mining (Helping Everyone Mine Bitcoin) twitter.com/JP_Technology (Bitcoin Sydney Meetup Organiser) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

Camila Campton, the Swan Force lead at Swan Bitcoin, joins us to discuss what makes all of us willing to talk about Bitcoin 24/7. A self-described newbie with a willingness to learn, Camila is crushing it with Swan, who first approached her to work on their social media but is now also presenting the Bitcoin En Espanol show with Javier Bastardo @criptobastardo from Venezuela. She sees herself as an educator and describes how Bitcoin makes you more selfless and loves building a toolbox of resources to help people learn. She first started learning about Bitcoin with her husband following the March 2020 market correction by listening to podcasts by Citizen Bitcoin, Stephan Livera, Matt Odell and Marty Bent. She describes it as a guilt-free addiction (and now job) that gives you hope, compared to a pessimistic outlook on life outside of Bitcoin. She sees it as important to speak to friends, family and Swan users about Bitcoin at a level they can understand, using all social channels and connecting on a human level to help them get off zero and start accumulating Satoshis. But also, the importance of establishing yourself as the Bitcoin person in your community, and letting people come to you when they are ready. We discussed how Bitcoin is viewed in Latin America (particularly Colombia) and how people still have more faith in the USD as a savings vehicle, and that both Clubhouse and Twitter Spaces have thriving Spanish speaking Bitcoin communities. Camila tells us her thoughts and experience of being a woman in Bitcoin. The only pushback was whether she was in Bitcoin for clout and attention, but she has proven her intentions through her work: “If you’re comfortable with your intent, keep doing you.” She feels she’s always had a lower time preference than her peers, but Bitcoin has allowed her to flex her savings muscle and find her people. Finally, we talk about bitcoiners being the toughest critics of Bitcoin, and how people who work for Bitcoin will have their time and effort respected. All Swan staff work from home, and although they could form a basketball team, none of us will ever be on it! All Camila’s social accounts are @camilacampton Do yourself a favour. Pod Shout-outs www.SwanBitcoin.com/camila (Use this link to support Camila’s work) The Bitcoin Standard, Saifedean Ammous, https://amzn.to/3Azt1YE twitter.com/criptobastardo (Javier Bastardo, Bitcoin En Espanol) twitter.com/CitizenBitcoin (Brady Swenson, Swan Bitcoin) twitter.com/AnthonyDessauer (Doer of things, Twitter) twitter.com/orangepillpod (Max and Stacy, Bitcoin royalty) twitter.com/PrinceySOV  (Daniel Prince, Once BITten podcast) twitter.com/efecini (Efecini, BitcoinVeDiger podcast – Turkey) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com

The Turkish Lira is in freefall and the central bank just cut interest rates by 2 percentage points, making things significantly worse for Turkish people. This week we are joined by Efe - twitter.com/efecini - a Turkish Bitcoin maximalist, who tells us what it's really like. Efe was the translator of the Bitcoin Whitepaper into Turkish on bitcoin.org.  He's also just about to start a Bitcoin podcast and newsletter that translates useful Bitcoin resources into Turkish, for Turkish people. Check out twitter.com/BitcoinVeDiger (translates as “Bitcoin and Other Things”) Although Efe was getting a 10% annual increase in salary as a software engineer, he realised he was not keeping up with inflation. Published figures of 19% CPI are not accurate and although unique to the individual, Efe puts his own inflation rate at 40-45% per annum! He knew he needed to own something, so in 2017 he started his journey through shitcoin trading to Bitcoin maximalism. We discuss how friends were put off 'crypto' because they lost out to shitcoin trading in 2017.  He tells us that Turkish people are fully aware that inflation is there (far better than people who live in ‘strong’ currency countries), but because food prices can go up 10% every month, this makes their behaviour understandably high time-preference.  We learn how Turkish people currently hedge against inflation using the USD and gold, and even how it is traditional to receive gold at your wedding and never sell it. We also discuss how Bitcoin is portrayed in Turkey by politicians, bankers and the fiat news, and why their personal incentives make them opposed to Bitcoin. There is a great need for a Bitcoin only exchange in Turkey. The conversation then switches to his podcasting plans, and the experience we have had so far with 2BitIdiots, where we talk practicalities, analytics and platforms. Thanks Efe.  Great chat. Pod Shout-outs twitter.com/jakeeswoodhouse (Aussie Based Bitcoiners, Twitter Spaces) twitter.com/bitcoinbushbash (Bitcoin Meetup) twitter.com/1971Bubble (Twitter nym) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

In this episode we talk Bitcoin freestyle. No plan, just see where it takes us. We end up talking about: The housing ‘boom’.  Why you think you’re getting rich but aren’t. Hats love for Jeff Booth, and why the ‘growth forever’ system is unsustainable. Skirting around the ‘C’ word. Inflation and why the CPI metric looks bad but doesn’t even tell the whole bad story. Depression, and how Bitcoin can help you regain hope. Also, being “overwhelmed” by all the people you can’t save. Domains, and how we’re not just stacking sats. Elon Musk talking shit, but still owning Bitcoin, owning stackingsats.com and moving Telsa to the Bitcoin capital of the world, Austin. Hats meets Jagger and Brendo meets Thor. Murrayfield is a stadium and not someone from the Wiggles. Taking 20 years for 1.8m Salvadorans to be banked, and 20 days for 2.2m Salvadorans to have a Bitcoin wallet. Why Bitcoiners are not pumping their own bags. Why the bottom 55% of the population might only have 6348 sats. Why Bitcoin is not included in The Big Picture report! Why $18 trillion is spent on negative yielding bonds. And our new favourite feature...Dick of the Day. Pod Shout-outs https://twitter.com/StarfuryFlames Meme/gif god https://twitter.com/JeffBooth (Author, The Price of Tomorrow) https://amzn.to/3mY0dnM https://twitter.com/saylor (Michael Saylor, Microstrategy) https://twitter.com/gladstein (Alex Gladstein, CSO, Human Rights Foundation) https://twitter.com/MichaelRihani (Bitcoin PM, CashApp) https://twitter.com/charliebilello (CEO, Compound Capital Advisors) https://twitter.com/DeadpoolBitcoin (Twitter nym) https://twitter.com/glennhodl (Node Operator) https://twitter.com/jamesviggy (jamesviggy.com) https://twitter.com/samcallah (Writer, Swan Bitcoin) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

Do you keep hearing about Bitcoin, but have no idea what anyone is talking about?  Do bitcoiners use terms that you don’t understand what they mean?  Do you feel like you’re asking a ‘stupid question’, so rather than look ‘stupid’ you just don’t ask? If any of that sounds familiar, this is the pod for you. We sit down with @_k3tan from @ministryofnodes to break down the most common terms you’ll hear and explain them in plain English. If you already know 90%, but want a refresher on the remaining 10%, use the timestamps below to skip straight to the thing that’s confusing you. If after listening, you still feel like you need 1-on-1 help, hop over to www.ministryofnodes.com.au where Ketan offers consulting on self-custody, nodes, privacy, the lightning network and more. 0:45 Introduction to Ketan and Ministry of Nodes 2:03 Purpose of the Glossary 3:16 What is Bitcoin 4:03 How many Bitcoins exist (the ‘hard-cap’) 5:20 The Halving Cycle 6:22 How can all people in the world own Bitcoin (what are Satoshis or ‘Sats’) 7:54 What is Unit Bias 9:04 Why are they called Satoshis, and who is Satoshi Nakamoto 10:45 What is a HODLer and where did the term originate 13:30 What are Altcoins (also referred to as ‘shitcoins’) and how is Bitcoin different 16:45 What are Stablecoins 18:19 What is the Blockchain 21:42 What is FUD 25:45 Why Bitcoin being ‘slow’ is a good thing, and what are confirmations 31:20 How does Bitcoin scale and what is the Lightning Network 37:28 What is Bitcoin Mining and is it still accessible for individuals 42:05 Understanding the Energy FUD (Hass McCook and This Machines Greens. Links below) 43:30 What is a Bitcoin Node and Personal Responsibility 48:20 What is a Bitcoin Address and Backward Compatibility 51:00 What is KYC and why would you want non-KYC Bitcoin 1:01:00 What are Boating Accidents and $5 Wrench Attacks 1:06:24 What are the different ways to Store your Bitcoin (Exchanges, Hot Wallets, Cold Storage, Private Keys/Seed Words), and how to purchase devices safely. 1:18:24 What are Multi-Signature Wallets and Passphrases 1:23:05 What is the Difficulty Adjustment and is it Art 1:27:26 Information about Ministry of Nodes and 1-on-1 consulting with Ketan and his YouTube Channel. https://www.youtube.com/c/MinistryofNodes 1:28:40 The Bitcoin Bush Bash on 4th and 5th December in Murrurundi (link below) Pod Shout-outs https://twitter.com/stephanlivera https://twitter.com/FriarHass www.99bitcoins.com/bitcoin-obituaries https://thismachinegreens.com/ (Bitcoin and the Future of Clean Energy Documentary) https://bitcoinbushbash.info/ https://twitter.com/skwp (Inventing Bitcoin by Yan Pritzker) Get a free copy from Swan Bitcoin https://www.swanbitcoin.com/StackingHats?gc=yanbook1020&utm_campaign=yanbook1020 www.2bitidiots.com for links to the pod on your favourite app.

Of course you do! Does that title seem a bit spammy?  It does, yes.  But, it is possible, and this pod will tell you how. Many people still think you must buy a whole Bitcoin, and at around AUD65k a coin you’d be forgiven for thinking that it’s out of reach for the everyday person. However, this is not true.  In the same way as $1 is made up of 100 cents, 1 Bitcoin is made up of 100,000,000 sats (short for Satoshis).  So, each Satoshi only costs around $0.0006.  Everyone can afford that! @BitcoinBrendo and @StackingHats sit down to talk about the various ways you can get free sats or even earn sats: https://use.foldapp.com/r/ALTHXAUK https://www.lolli.com https://thndr.games (Bitcoin Bounce and Turbo 84) https://thesunexchange.com We also touch on fiat rewards programmes, how many sats the average person has in the future and using Bitcoin as collateral. Pod Shout-outs https://twitter.com/wlrvs (Will Reeves, Fold App) https://twitter.com/MattSenter (Matt Senter, Lolli) https://twitter.com/jackeveritt (Jack Everitt, Thndr Games) https://twitter.com/abecambridge (Abe Cambridge, The Sun Exchange) https://twitter.com/maxkeiser (Max Keiser, The Keiser Report) https://twitter.com/PricedinBTC (Priced in Bitcoin) https://twitter.com/adam3us (Adam Back, Blockstream) Contact Us www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com for links to the pod on your favourite podcast app. Thanks for listening.

In this episode @BitcoinBrendo asks @StackingHats the question all real bitcoiners ask themselves regularly... “Are we right about Bitcoin?” The answer might surprise you! If you'd like to contact us, please do so via Twitter: www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com The podcast is available on Apple Podcasts, Google Podcasts, Spotify, Anchor, Breaker, Pocket Casts, and Radio Public. Thanks for listening.

‘Andy ∞/21M’ is from England and now lives in Australia.  He started looking around for answers about money and savings around the time of the COVID crash, and has in a short time, become a Bitcoin maxi and Self-Managed Super Fund DCAer. In this episode we dig into his fall down the rabbit hole, to help us understand why he considers Bitcoin his long-term savings solution to ensure his own financial security and that of his family. He tells us how he has changed from a more “hand-to-mouth" existence, to someone with a low time preference. He talks us through the process he followed, going from no-coiner to SMSF bitcoiner in 18 months, and the FUD (Fear, Uncertainty and Doubt) that he received from the legacy financial system about his decision and how you must consider your personal risk tolerance to ride the volatility that comes with being a Bitcoin hodler. We discuss how he concluded that shitcoins were a waste of his time, and his experience orange-pilling his friends. Loved the conversation, Andy.  Give him a follow. www.twitter.com/AP_Bitcoin Pod Shout-outs www.twitter.com/SimplyBitcoinTV www.twitter.com/ParkeraLewis www.twitter.com/StephanLivera www.twitter.com/michael_saylor www.twitter.com/wclementeIII www.twitter.com/jackmallers www.twitter.com/prestonpysh www.twitter.com/fossgregfoss Books 21 Lessons – Gigi – www.amzn.to/3rNq5nv Websites www.bitbo.io www.hope.com www.cryptocloaks.com www.strike.me www.bluewallet.io If you'd like to contact us, please do so via Twitter: www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com The podcast is available on Apple Podcasts, Google Podcasts, Spotify, Anchor, Breaker, Pocket Casts, and Radio Public. Thanks for listening.

Welcome back and thanks for sticking with us. In this episode Hats gives us an idiot’s guide to Central Banking and why it is their policies and actions that are making you, and almost everyone else, poorer. Using a simple analogy (and if Hats can come up with it, it must be) we guarantee you will understand the problem and why Bitcoin is the solution. We also discuss the idea of Fiat Mining, what it is, and why it may be the best thing you can do right now. Brendo gives us an exclusive on his kinetic energy Bitcoin mining watch (you gotta hear this), and we hear how Hats breaks chairs and abandons them in sex dungeons. Something for everyone 😉 We gave a couple of shout-outs in this episode, so here’s links to follow if you want to know more: www.bitcoinerjobs.co @BitcoinerJobs (Twitter) www.armantheparman.com @parman_the (Twitter) www.breedlove22.medium.com @Breedlove22 (Twitter) “Masters and Slaves of Money” If you'd like to contact us, please do so via Twitter: www.twitter.com/2BitIdiots (here if you’d like to be a Pod guest) www.twitter.com/BitcoinBrendo www.twitter.com/StackingHats Or visit our website: www.2bitidiots.com The podcast is available on Apple Podcasts, Google Podcasts, Spotify, Anchor, Breaker, Pocket Casts, and Radio Public. Thanks for listening.

I (Hats) had a DM exchange with Daniel a bit over a year ago, but other than that, we didn’t know each other. So, when we released our first episode (and had a few podcasting issues) I decided to reach out again to ask for some advice. Daniel’s podcast Once Bitten, is one of our go-to pods for all things Bitcoin, and in the last couple of years he’s really established himself as not only a great host and interviewer, but as a source of reliable content. There was no need for him to help us, but not only did he do that, he offered to come on as our first guest. Now, we’re not necessarily going after Bitcoin royalty as guests, but we weren’t going to refuse, and it was great to sit and chat about his journey so far.  Oh, and we got to meet Lauren so that’s also a highlight for us. We’re still learning about the audio side of things, so bear with us, but we hope you enjoy the rip. Please check out Daniel's Once Bitten podcast: https://podcasts.apple.com/au/podcast/once-bitten/id1497540130 https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy8xMzQ2ZjllOC9wb2RjYXN0L3Jzcw== And his book: Choose Life: The Tools, Tricks and Hacks of Long-Term Family Travellers, Worldschoolers and Digital Nomads https://amzn.to/3k1MaO3 If you'd like to contact us, please do so via Twitter: https://twitter.com/2BitIdiots Or visit our website: https://www.bitcoin-first.com

A first attempt at a Bitcoin podcast (or any podcast) by @StackingHats and @BitcoinBrendo.   The purpose of the pod is to introduce Bitcoin to listeners in a way that is not filled with jargon and is approachable for the everyday person. Along the way, we hope to bring on guests that will either teach us something about Bitcoin, or just tell us the story of how and why they got involved. If that sounds appealing to you, and you'd like to have your voice heard, please make contact on Twitter via the @2BitIdiots account. Bitcoin can be simple or incredibly complex, depending on how far down the rabbit hole you want to go.  We also have bitcoin-first.com that is split into 4 main sections, that can help you start your journey wherever suits you: Learn Earn Buy  Play The podcast is available on Apple Podcasts, Google Podcasts, Spotify, Anchor, Breaker, Pocket Casts, and Radio Public. Thanks for listening.