202 episodes

Against many challenges, Bitcoin, the worlds first true cryptocurrency has survived for over a decade. With What Bitcoin Did, podcast host Peter McCormack talks to experts in the world of Bitcoin. From developers to investors, journalists to Bitcoin company CEOs, you will learn about everything that is happening in the world of Bitcoin.

The What Bitcoin Did Podcast Peter McCormack

    • Investing

Against many challenges, Bitcoin, the worlds first true cryptocurrency has survived for over a decade. With What Bitcoin Did, podcast host Peter McCormack talks to experts in the world of Bitcoin. From developers to investors, journalists to Bitcoin company CEOs, you will learn about everything that is happening in the world of Bitcoin.

    The Beginner’s Guide to Bitcoin Part 12: Bitcoin Privacy & OpSec with Jameson Lopp

    The Beginner’s Guide to Bitcoin Part 12: Bitcoin Privacy & OpSec with Jameson Lopp

    Location: Skype Date: Monday, 17th February Project: CasaRole: CTO
    Welcome to the Beginner's Guide to Bitcoin.
    Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.
    Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world.
    The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift.
    Beginners Guide Part 12 - Bitcoin Privacy & OpSec with Jameson Lopp
    When entering Bitcoin, you leave behind the traditional banking system. Bitcoin allows you to take back your monetary sovereignty, and with that, you must secure your coins. With Bitcoin, there is no insurance or fraud prevention, and if you mismanage your private keys and someone can access them, hackers can steal your Bitcoin.
    There are several techniques that you can use to protect your Bitcoin from hackers as well as your transactions and personal information from data-hungry companies such as Facebook and Google:
    - VPN - Running a VPN masks your identity and location.- 2FA - Two-factor authentication such as Google Authenticator & YubiKey adds another layer of security to your accounts. (Not SMS 2FA)- Browsers - Privacy focused browsers such as Tor & Brave help shield your online activity from trackers and fingerprinting- Hardware Wallets - Using a hardware wallet such as ColdCard, Ledger or Trezor takes your private keys offline and if your seed phrase is stored correctly is a very secure way of holding your Bitcoin- Running a Node - A node is a program that directly connects to the Bitcoin network and allows you to verify the state of the blockchain and validate transactions. This removes the need to trust someone else's node to verify your transactions and balances.
    In Part 12 of the Beginner's Guide to Bitcoin, I talk to Jameson Lopp, co-founder and CTO at Casa, and renowned Bitcoin privacy expert. We discuss Bitcoin privacy, best practices and operational security.
    -----
    Connect with Jameson:- On Twitter- His Website- His Blog- On Keybase- On GitHub
    Mentioned in the interview:- A Modest Privacy Protection Proposal by Jameson Lopp- Casa- privacy.com- Brave Browser- Tor Project- Electronic Frontier Foundation- Multisig- Shamir's Secret Sharing- Ledger- Trezor- ColdCard- Google Authenticator- YubiKey- Bitcoin Full Node- Lastpass- Dashlane
    Other relevant WBD podcasts:WBD192 - The Beginner’s Guide to Bitcoin Part 11: Bitcoin and the Macroeconomy with Travis Kling- WBD191: The Beginner’s Guide to Bitcoin Part 10: Buying, Spending and Earning Bitcoin with Matt Odell- WBD190: The Beginner’s Guide to Bitcoin Part 9: Altcoins, A History of Failure with Nic Carter- WBD189: The Beginner’s Guide to Bitcoin Part 8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Brit- WBD188: The Beginner’s Guide to Bitcoin Part 7: Bitcoin's Monetary Policy with Dan Held- WBD187: The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi- WBD186: The Beginner’s Guide to Bitcoin Part 5: The History of Bitcoin with Marty Bent- WBD185: The Beginner’s Guide to Bitcoin Part 4: What is Bitcoin with Stephan Livera- WBD184: The Beginner’s Guide to Bitcoin Part 3: Bitcoin's Pre-History and the Cypherpunks with Aaron van Wirdum- WBD183: The Beginner’s Guide to Bitcoin Part 2: What Is Money with Parker Lewis- WBD182: The Beginner’s Guide to Bit

    Bitcoin Around the World - Venezuela: Bitcoin Won’t Fix Venezuela with Javier Bastardo

    Bitcoin Around the World - Venezuela: Bitcoin Won’t Fix Venezuela with Javier Bastardo

    Location: Caracas, Venezuela Date: Thursday, 13th February Project: Cointelegraph Role: Journalist
    Venezuela is many years into a political and economic crisis. Rooted in the Hugo Chavez presidency and continued by Nicolas Maduro, Venezuela is a mafia dictatorship wearing the cloak of socialism.
    Years of economic mismanagement and corruption has led to financial disaster in Venezuelan, comparatively worse than the Great Depression, Zimbabwe's 2008–2009 hyperinflation crisis and the breakup of the Soviet Union.
    Hyperinflation led to significant growth in poverty, starvation and mass migration, with millions leaving the country. With the collapse of the currency, many Bitcoiners, including myself, asked whether Bitcoin could help. Could Bitcoin reduce the impact of hyperinflation? Could locals mine Bitcoin at low energy costs to earn an income? I visited Venezuela to find out.
    In this interview, I talk to Javier Bastardo, a journalist for Cointelegraph, based in Caracas, Venezuela. We discuss Venezuela's political and economic situation, hyperinflation and the reality of Bitcoin adoption in the country.
    -----
    Connect with Javier:- On Twitter
    Mentioned in the interview:- Venezuelan presidential crisis- Crisis in Venezuela - Venezuela crisis: How the political situation escalated- Venezuelan Migrants Are Using Bitcoin for Remittances- Venezuela Smashes Weekly Bitcoin Trading Record- Bitcoin Trading Volumes In Venezuela Continue To Climb- Venezuela, Argentina Set New Weekly P2P Bitcoin Trading Volume Records- $300 Million Worth of Bitcoin Traded in Venezuela- Bitcoin Trading in Venezuela Hits All-Time High
    Other relevant WBD podcasts:- WBD193: Bitcoin Around the World - Colombia: Bitcoin, Regulation and Ties to Venezuela with Mauricio Tovar Gutierrez & Alejandro Beltran Torrado- WBD179: Bitcoin Youth Programme in El Salvador with Michael Peterson- WBD108: A Bitcoin Reality Check in Venezuela with Jill Carlson, Alejandro Machado & Jamaal Montasser- WBD071: Update on the Venezuelan Political Crisis- WBD019: How Venezuelans are Using Bitcoin to Counter the Effects of Hyperinflation with Alejandro Machado
    -----
    If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:
    Become a Patron and get access to shows early or help contribute
    Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you
    Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed
    Leave a review on iTunes
    Share the show and episodes with your friends and family
    Subscribe to the newsletter on my website
    Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
    If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

    Bitcoin Around the World - Colombia: Bitcoin, Regulation and Ties to Venezuela with Mauricio Tovar Gutierrez & Alejandro Beltran Torrado

    Bitcoin Around the World - Colombia: Bitcoin, Regulation and Ties to Venezuela with Mauricio Tovar Gutierrez & Alejandro Beltran Torrado

    Location: Bogota, Colombia Date: Tuesday, 11th February Project: InTiColombia & Buda Role: Co-Director & Country Manager Colombia
    The use case for Bitcoin can vary from country to country. How people use Bitcoin in New York will differ from on the border of Colombia and Venezuela. Where speculators may have access to the best hardware wallets and sophisticated security, those in the developing world may have to share a phone and have limited data connectivity.
    As part of my series covering Bitcoin Around the World, I am going to visit the far reaches of our planet, to look at how different communities are using Bitcoin and the challenges they face.
    In this interview, I speak to Mauricio Tovar Gutierrez & Alejandro Beltran Torrado, part of the Bitcoin community in Bogota, Colombia. We discuss the politics and economics of Colombia, Bitcoin regulation and their close ties with Venezuela.
    -----
    Connect with Mauricio:- On Twitter- On LinkedIn- On Instagram
    Connect with Alejandro:- On Twitter- On LinkedIn
    Mentioned in the interview:- Right-wing paramilitarism in Colombia- Why paramilitary groups still exist in Colombia- The Secret History of Colombia’s Paramilitaries and the U.S. War on Drugs- Colombia is slowly moving toward Bitcoin-friendly regulations- Crisis in Venezuela- Venezuela crisis: How the political situation escalated- Venezuelan Migrants Are Using Bitcoin for Remittances- Venezuela Smashes Weekly Bitcoin Trading Record- Bitcoin Trading Volumes In Venezuela Continue To Climb
    Other relevant WBD podcasts:- WBD179: Bitcoin Youth Programme in El Salvador with Michael Peterson- WBD108: A Bitcoin Reality Check in Venezuela with Jill Carlson, Alejandro Machado & Jamaal Montasser- WBD071: Update on the Venezuelan Political Crisis- WBD019: How Venezuelans are Using Bitcoin to Counter the Effects of Hyperinflation with Alejandro Machado
    -----
    If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:
    Become a Patron and get access to shows early or help contribute
    Make a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank you
    Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed
    Leave a review on iTunes
    Share the show and episodes with your friends and family
    Subscribe to the newsletter on my website
    Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
    If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

    The Beginner’s Guide to Bitcoin Part 11: Bitcoin and the Macroeconomy with Travis Kling

    The Beginner’s Guide to Bitcoin Part 11: Bitcoin and the Macroeconomy with Travis Kling

    Location: SkypeDate: Tuesday, 4th February Project: Ikigai Asset ManagementRole: Chief Investment Officer
    Welcome to the Beginner's Guide to Bitcoin.
    Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.
    Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world.
    The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift.
    Beginners Guide Part 11 -Bitcoin and the Macroeconomy with Travis Kling
    Bitcoin was born in the wake of the 2008 global financial crisis, the worst economic disaster since the great depression. A bubble born out of years of cheap credit and poor government oversight, Satoshi recognised this.
    In 2009 as the UK's Chancellor of the Exchequer was preparing to bail out the UK's failing banks, for the second time, Satoshi Nakamoto was releasing Bitcoin to the world.
    Bitcoin's monetary policy is the antithesis of the central banks, by removing centralised decisions and forcing the market to fix itself. Further, It is a non-sovereign, global, immutable, digital, decentralised, hard money.
    Twelve years on from the global financial crisis, some economists believe we may be heading towards a global recession. If this is correct, can Bitcoin become be a hedge or insurance? Could it even emerge as the global reserve currency?
    In Part 11 of the Beginner's Guide to Bitcoin, I talk to Travis Kling, Chief Investment Officer at Ikigai. We discuss the great big fiat experiment, monetary and fiscal policy, social unrest and where Bitcoin fits into all of this.
    -----
    Connect with Travis:- On Twitter- On LinkedIn- On Medium- On Crunchbase- On AngelList
    Mentioned in the interview:- What is money?- Commodity money- Representative money- Fiat money- Fiat vs. Representative Money: What's the Difference?- Debt: The First 5,000 Years- The Ascent of Money: A Financial History of the World by Niall Ferguson- The Big Short: Inside the Doomsday Machine by Martin Lewis- On the Brink: Inside the Race to Stop the Collapse of the Global Financial System by Henry M. Paulson- Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System by Andrew Ross Sorkin- Lindy effect- Central banks- Federal Reserve- Causes of the 2008 Global Financial Crisis- Why the U.S. Repo Market Blew Up and How to Fix It- The Repo Market’s a Mess- Quantitative Easing
    Other relevant WBD podcasts:- WBD191: The Beginner’s Guide to Bitcoin Part 10: Buying, Spending and Earning Bitcoin with Matt Odell- WBD190: The Beginner’s Guide to Bitcoin Part 9: Altcoins, A History of Failure with Nic Carter- WBD189: The Beginner’s Guide to Bitcoin Part 8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Brit- WBD188: The Beginner’s Guide to Bitcoin Part 7: Bitcoin's Monetary Policy with Dan Held- WBD187: The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi- WBD186: The Beginner’s Guide to Bitcoin Part 5: The History of Bitcoin with Marty Bent- WBD185: The Beginner’s Guide to Bitcoin Part 4: What is Bitcoin with Stephan Livera- WBD184: The Beginner’s Guide to Bitcoin Part 3: Bitcoin's Pre-History and the Cypherpunks with Aaron van Wirdum- WBD183: The Beginner’s Guide to Bitcoin Part 2: What Is Money with Parker Lewis- WBD182: The Beginner’s Guide to Bitcoin Part 1: Andreas

    The Beginner’s Guide to Bitcoin Part 10: Buying, Spending and Earning Bitcoin with Matt Odell

    The Beginner’s Guide to Bitcoin Part 10: Buying, Spending and Earning Bitcoin with Matt Odell

    Location: SkypeDate: Monday, 3rd February Project: Tales from the Crypt & Rabbit Hole Recap Role: Co-host
    Welcome to the Beginner's Guide to Bitcoin.
    Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.
    Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world.
    The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift.
    Beginners Guide Part 10 - Buying, Spending and Earning Bitcoin with Matt Odell
    Most people looking to buy Bitcoin for the first time will use an exchange such as Kraken or Coinbase because they offer a simple way to buy and sell Bitcoin. Using your debit card or bank transfer, you can quickly swap your fiat currency into Bitcoin.
    Once you have bought Bitcoin, you will receive it in your wallet on the exchange. While some exchanges such as Kraken pride themselves on their security, these custodians, who look after hundreds of millions of dollars in Bitcoin are a prime target for hackers. Exchanges are continually fighting off attackers, and many exchange hacks have led to significant losses for those holding their Bitcoin with them.
    In Bitcoin, if you don't control your private keys, you don't own your Bitcoin. That means the first thing you should do once you have bought your first Bitcoin is to move it to a wallet you are in control of.
    Buying on an exchange isn't the only way to get your hands on Bitcoin. While many buy their Bitcoin, Andreas M. Antonopoulos encourages people to, instead, earn Bitcoin.
    While countries like New Zealand have taken steps to make paying employees in Bitcoin easier, it is still not an option that's available to everyone. So, if your employer won't pay you in Bitcoin, how else can you earn it?
    Bitcoin cashback is one way of increasing your holdings. Services like Lolli and Fold, offer cashback from retailers, including Amazon, Starbucks, Expedia and hundreds more. With sats back credit cards coming, there are now many ways to stack sats without buying Bitcoin.
    In Part 10 of the Bitcoin Beginner's Guide, I talk to Matt Odell, co-host of Tales from the Crypt and Rabbit Hole Recap. We discuss the best way to buy Bitcoin, privacy as well as how to spend and earn Bitcoin.
    -----
    Connect with Matt:- On Twitter
    Mentioned in the interview:- Kraken- Coinbase- Cashapp- BullBitcoin- Hodl Hodl- Bisq- OpenNode- BTCPay Server- Blockstream’s Green Wallet- Dropbit- Ledger- Trezor- Coldcard- bitcoin-intro.com- btcprivacy.org
    Other relevant WBD podcasts:- WBD190: The Beginner’s Guide to Bitcoin Part 9: Altcoins, A History of Failure with Nic Carter- WBD189: The Beginner’s Guide to Bitcoin Part 8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Brit- WBD188: The Beginner’s Guide to Bitcoin Part 7: Bitcoin's Monetary Policy with Dan Held- WBD187: The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi- WBD186: The Beginner’s Guide to Bitcoin Part 5: The History of Bitcoin with Marty Bent- WBD185: The Beginner’s Guide to Bitcoin Part 4: What is Bitcoin with Stephan Livera- WBD184: The Beginner’s Guide to Bitcoin Part 3: Bitcoin's Pre-History and the Cypherpunks with Aaron van Wirdum- WBD183: The Beginner’s Guide to Bitcoin Part 2: What Is Money with Parker Lewis- WBD182: The Beginner’s Guide to Bitcoin Part 1: Andreas M. Antonopoulo

    The Beginner’s Guide to Bitcoin Part 9: Altcoins, A History of Failure with Nic Carter

    The Beginner’s Guide to Bitcoin Part 9: Altcoins, A History of Failure with Nic Carter

    Location: SkypeDate: Sunday, 26th January Project: Castle Island Ventures Role: Partner
    Welcome to the Beginner's Guide to Bitcoin.
    Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.
    Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world.
    The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift.
    Beginners Guide Part 9 - Altcoins, A History of Failure with Nic Carter
    From faster transactions to lower fees to better privacy, almost every altcoin promises to improve upon some technical aspect of Bitcoin. The blockchain myth, as some utopian database structure, has been nothing more than a marketing term for fundraising and hype, with little to no real-world traction.
    The soul of Bitcoin is not embedded in some technical measure but in the trust of the protocol. Improving upon some technological measure of Bitcoin always comes with a trade-off such as reducing decentralisation or security. The beauty of Bitcoin is in its simplicity, something which can take time to understand.
    The altcoin marketing machine can be a tempting distraction for those new to the world of crypto, but the long-term trend suggests that these investments are risky. Even trading altcoins as a way of increasing your Bitcoin holding comes at significant risk. Since the ICO bubble of 2017/18, the vast majority of these projects have all but died, with many holding worthless bags of hopium.
    In Part 9 of the Bitcoin Beginner’s Guide, I talk to Nic Carter Partner at Castle Island Ventures a Venture Capital firm focused on public blockchains. We discuss the history of altcoins, their inferiority to Bitcoin, and why the failure rate is so high.
    -----
    Connect with Nic:- On Twitter @nic__carter- On Medium- On LinkedIn- On Crunchbase- Coin Metrics- At Castle Island Ventures
    Mentioned in the interview:- DigiCash- David Chaum- E-gold- Beenz- Flooz- 3 Pre-Bitcoin Virtual Currencies That Bit the Dust- Liberty Reserve- Liberty Reserve digital cash chief jailed for 20 years- ASICs for Litecoin- Zcash Inflation Bug- Premines and Instamines- What Are Bitcoin Forks?- Merged mining- Hash function
    Other relevant WBD podcasts:- WBD189: The Beginner’s Guide to Bitcoin Part 8: How is Bitcoin Legal with Peter Van Valkenburgh & Jerry Brit- WBD188: The Beginner’s Guide to Bitcoin Part 7: Bitcoin's Monetary Policy with Dan Held- WBD187: The Beginner’s Guide to Bitcoin Part 6: How Bitcoin Works with Shinobi- WBD186: The Beginner’s Guide to Bitcoin Part 5: The History of Bitcoin with Marty Bent- WBD185: The Beginner’s Guide to Bitcoin Part 4: What is Bitcoin with Stephan Livera- WBD184: The Beginner’s Guide to Bitcoin Part 3: Bitcoin's Pre-History and the Cypherpunks with Aaron van Wirdum- WBD183: The Beginner’s Guide to Bitcoin Part 2: What Is Money with Parker Lewis- WBD182: The Beginner’s Guide to Bitcoin Part 1: Andreas M. Antonopoulos on Why We Need Bitcoin- WBD174: Jimmy Song Killing the Hopes and Dreams of Shitcoin Bagholders- WBD113: Jimmy Song on The Blockchain Revolution Myth- WBD065: Tone Vays on Why Altcoins Are a Bad Investment
    -----
    If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:
    Become a Patron and get access to shows early or help contribute
    Make a tip:Bitcoin: 3FiC6w7eb3d

Customer Reviews

thingschange ,

Pete’s journey into bitcoin will educate you

Non technical? No problem. He asks all the question that you will be embarace to ask. He made all the classic crypto mistakes and documented them on this pod. His journey into the rabbit hole will help anyone undertanding why Bitcoin.

gdnimrod ,

Sad excuse of a podcast

This podcast was potentially passable when to be played in the background whilst cleaning the home, or doing some other trivial tasks. However it’s evident after so many shows that Peter lacks any knowledge of absolutely anything bitcoin/crypto related and is just doing this to make money from his sponsors. Worse, you can actually lose some brain cells by listening to this due to his lack of preparedness of interviews and absolutely brutal general lack of comprehension of anything remotely technical. Lastly, his ad hominem attacks on people he doesn’t like are unprofessional and speak volume to his character. 1/10 would never listen to again.

Ross Macdonald ,

Top shelf podcast

This is my favorite podcast. Factual. Conversational. An easy listen and a great way to absorb info from the greatest minds of our industry.

Top Podcasts In Investing

Listeners Also Subscribed To