2-Bit Idiots

StackingHats & BitcoinBrendo

The journey from Normie to Bitcoiner. Normal people tell the story of how they found the greatest money ever invented. Contact www.twitter.com/2BitIdiots if you'd like to come on as a guest. Hosted by: www.twitter.com/StackingHats and www.twitter.com/BitcoinBrendo More info: www.2bitidiots.com

  1. 22/08/2023

    EP98: Weekend at Bernie's

    We’ve always wanted to do an “Orange Pill Live” episode, to test our abilities in answering the questions of a precoiner and to see if (during the course of a podcast) we could convince someone to buy themselves their first Bitcoin.  That was the intention of this episode, but in the time it’s taken us to schedule the pod with Bernie, he’d already got himself off zero!  However, Bernie is Brendo’s mate, so we thought we’d go ahead with the call and press record anyway, and only publish it if we thought it might help someone out there.  It turns out, Bernie has gone from zero to well down the road of hero in 2 short months, but he gave us a great perspective on the issues and questions a new Bitcoiner has right now.    We discuss:  Bulked-up Brendo  “Crypto” misconceptions  What made Bernie take the first step into Bitcoin  The challenge of buying a home and deposit requirements  University (HECS) debt indexation  Lack of government support, lies about inflation, stimulus cheques, UBI and something having changed  Trying to outrun inflation  Savings accounts, stocks, risk taking and having a go  What Bernie did practically when he decided to buy some Bitcoin  Hot and Cold wallets  Understanding a non-physical asset  Personal responsibility, 2FA and key storage  Steel Seedplates  Speaking in Bitcoin or Sats  The gradually then suddenly event horizon  Volatility, risk taking and bag pumping  Rewards programmes  Why does Bitcoin crash and is it a buying opportunity  Murrurundi golf    Pod Shout-outs  HardBlock  https://www.hardblock.com.au/join/hats     The Bitcoin Adviser (Peter Dunworth)  *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact    Bitcoin Bush Bash  http://bitcoinbushbash.info/       Contact Us  www.2bitidiots.com

    54 min
  2. 06/08/2023

    EP97: Dunworth Squared

    *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact    If you’ve not heard Peter Dunworth’s valuation model for Bitcoin (frankly, what are you doing with your life), go back and listen to episodes 70 and 77, but although he’s been spruiking it all over town and asking someone to challenge it, no one has...until now.  We, completely unfairly invited Pete back on under false pretences and then hit him with “his nemesis waiting in the green room”.  We wanted to see if we could shake his conviction or rattle his composure.  Listen to find out if we could.  Settle in with a coffee. This is long one.  We discuss:    Exponential rise of Bitcoin and fall of Fiat  Positioning and wealth preservation  The distinction between risk and volatility  Resistance to change  The opportunity of buying in a SMSF  The importance of mobile  Kids with Bitcoin wallets  Never needing a bank account  Blackrock, ETF’s and what does Larry Fink  Liquidity drain  Client’s will demand Bitcoin exposure from their financial adviser  Banking restrictions  Why does the bull run ever stop and the point of no return  Taking profit, a risk on behaviour  What happens when AI and the machines start draining liquidity  Why ransomware only ever wants Bitcoin  Uber  ELI5 and ELI2  The Bitcoin Adviser  Starved of original thought  Unit bias  Moving towards self-actualisation  Lambos and Yachts  Holy Moly and It’s a Knockout  An App Store for Keys    Pod Shout-outs  https://twitter.com/MichaelDunwort1   https://twitter.com/wavlake   https://twitter.com/w_s_bitcoin   https://twitter.com/luke_broyles   https://twitter.com/BTCSchellingPt   https://twitter.com/Meta_Trav   https://twitter.com/AndyBTCAdviser   https://twitter.com/JakeBTCAdviser   https://twitter.com/Rob1Ham       *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact     Contact Us  www.2bitidiots.com

    1 h y 42 min
  3. 01/08/2023

    EP96: The Purest Truth We’ve Come Across with Jesse

    Jesse (@Jessenostr) is a cafe owner (Rise Mofo in Toukley) and former pastor based on the Central Coast in NSW, Australia. This one was an absolute pleasure to do. I hope you get as much from it as we did. We hope we offend you all at least once. Deal with it, it’s fine.    We discuss:  Emerging from the Bitcoin wilderness  Was COVID the orange pill tipping point for learning  Starting a Central Coast Bitcoin meetup after attending the Newcastle meetup  I, Pencil  https://www.youtube.com/watch?v=67tHtpac5ws  How to orange pill a lady who just popped in for a coffee  The power of asking a question  A growth and fixed mindset  Encouraging effort over success  Being drawn into Christianity, becoming a pastor and then ultimately disillusioned  Having everything invested in your religion and losing it all  The similarities and differences between finding religion and finding Bitcoin  Don’t Trust, Verify  Community building in Bitcoin  The whole is greater than the sum of its parts  Faith  Evolutionary science  The HeartMath Institute  https://www.heartmath.org/  Energy shift in a room  Brain wallet bitcoiners  Pure truth  Accepting Bitcoin in your business and helping others to do the same  Long-term thinking for the Central Coast  Paying your staff to learn about Bitcoin  Bitcoin discounts  VoltPay  Freedom    Pod Shout-outs  https://twitter.com/Talej  https://twitter.com/MichaelDunwort1  https://twitter.com/2300btc  https://twitter.com/_k3tan  https://twitter.com/HodlersWay  https://twitter.com/btcmap  https://twitter.com/VoltPayApp  https://twitter.com/theamberapp  https://twitter.com/Nackoo2000      Book Recommendations  Mindset: The New Psychology of Success, by Carol Dweck  https://amzn.to/3KoE0vH     *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact     Contact Us  www.2bitidiots.com

    1 h y 19 min
  4. 27/07/2023

    EP95: ABIB, Banking, Scams and Conspiracy with Jeremy Majid

    Jeremy Majid is the CEO of the Australian Bitcoin Industry Body www.bitcoinindustrybody.org.au whose mission statement is:  “To serve as a voice for the Australian Bitcoin Industry. We welcome open and constructive dialogue with Government and Media and are available to assist with any and all Bitcoin related matters.”  There will be sceptics amongst you (I’m one of them), but not about the intentions of ABIB, more the willingness of government to engage in an honest and sincere dialogue. In this one we discuss the problem and how ABIB can be part of the solution. As always...make your own mind up.  “Knowing” bitcoiners you’ve never met  Anger at fiat jobs  Forex trading, gold, silver and why we're not going back to a gold standard  Taking control of your finances  Finding like-minded friends at a Bitcoin meetup  Product Manager at HardBlock  Self-taught learning  Blockchain Australia  Long-term thinking makes volatility easier to manage  You don’t need a lot  Use Bitcoin and testnet  Price inflation examples  Changing beliefs  Survivors guilt  Feature development at HardBlock  https://www.hardblock.com.au/join/hats   Who is ABIB  Interacting with AUSTRAC  Holding 2% of foreign exchange reserves in Bitcoin  The Moon Landings and conspiracy  Scams in Bitcoin  Bitcoin business networking    Pod Shout-outs  https://twitter.com/AusBTCIndBody  https://twitter.com/saylor   https://twitter.com/danWilcz   https://twitter.com/rusty_twit   https://twitter.com/JP_Technology   https://twitter.com/stephanlivera  https://twitter.com/citadeldispatch  https://twitter.com/dazbea  https://twitter.com/PrestonPysh  https://twitter.com/EthanBitcoin  https://twitter.com/RobertKennedyJr  https://twitter.com/OdyseeTeam  https://twitter.com/BitcoinMoonFund  https://twitter.com/_k3tan      Book Recommendations  The Bitcoin Standard by Saifedean Ammous  https://amzn.to/3rJpk3X     Enter or Support the Kids Art Competition  https://bitcoin-first.com/kids-art-competition/   At least 1,432,047 sats to be won!    *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact     Contact Us  www.2bitidiots.com

    1 h y 20 min
  5. 24/07/2023

    EP94: Reverse Kanga’s and Upper Deckers with Daz Bea

    If you don’t know what they are, whatever you do, don’t look it up or listen to this podcast.  There is no one that can segue from high voltage power transmission to upper decker’s and back quite like Daz Bea.  Yes, what’s happening in our world right now is damn serious, but we all need to find the fun in it too and that’s why we keep asking Daz onto the pod.  He brings a wealth of knowledge around electricity, net zero targets, issues and opportunities in Australia and beyond, is a founding member of Looking Glass Education, is a proud family man and Queenslander, sings at the weekend and writes books in his ‘spare’ time.  I’m tired just reading that!    This time we discuss:  State of Origin  LIV Golf   Family priorities  Twitter v Nostr (particularly Primal)  Protocols v Platforms  Nostr documentary  https://www.youtube.com/watch?v=aA-jiiepOrE  Puppies  Net zero future and 100% renewables  Energy mix, grid stability and Bitcoin mining in Australia and beyond  Understanding at a regulatory and political level  Who pays for the grid  National Electricity Market Data  https://opennem.org.au/   Pumped hydro, solar and hydrogen production efficiency  Being able to argue the counter argument  Electricity transmission and cost  Paid Zoom and AirBNB shitcoiners  Snakes, frogs and spiders  Rural power demands  National grid v Local generation  SWER network and outback Australia  Getting vocal with your MP  Bitcoin Bush Bash, 29-30 July, Palm Cove Surf Club, QLD  Seizing the right opportunity      Pod Shout-outs  @MirbooHodl (Nostr)  https://twitter.com/itsmaxdemarco   https://primal.net/jack   https://primal.net/andi  https://twitter.com/BTCBrisket   https://twitter.com/LookingGlassEdu  https://twitter.com/Croesus_BTC  https://twitter.com/BitcoinAlive  https://twitter.com/roger__9000   https://twitter.com/TboneHODL  https://twitter.com/Bquittem  https://twitter.com/bitcoinbushbash  https://twitter.com/Mtheadventuross  https://twitter.com/Lightsats21      Book Recommendations  B is for Bitcoin, by Daz Bea and Seb Bunney   https://amzn.to/3rw9vgL     Enter or Support the Kids Art Competition  https://bitcoin-first.com/kids-art-competition/   At least 1,432,047 sats to be won!    Contact Us  www.2bitidiots.com  *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at https://www.thebitcoinadviser.com/contact

    1 h y 37 min
  6. 17/07/2023

    EP93: Life’s a Breez with Ivan Makedonski

    www.breez.technology has been around for a while, and to be honest I didn’t know much about it, so when Ivan reached out to have a chat it seemed like as good a time as any to start learning.  Located in Sofia, Bulgaria, Ivan (@Nackoo2000) is the Chief of Staff (Chief of Stuff) and first non-developer to work for Breez. He’s my favourite type of bitcoiner...the ones that are here for the mission first, knowing the money will take care of itself.    We discuss:  Primal on Nostr (desktop). 100x improvement  Being orange-pilled by your lady  Devoting a holiday to prove her wrong  We’re all on the same team. Love not money  Bitcoiners with conviction are those who first tried to prove it a scam  Bitcoin striking an intense emotional button  The ultimate measuring stick is unit of energy  The challenge of explaining Bitcoin to loved ones  Not asking for permission. Just starting and trying to make an impression  The practicalities of remote working  Being aligned on the mission and genuine care for your colleagues  Bitcoiners coming out of the shadows in Bulgaria  The functionality of Breez and the importance of Lightning as the medium of exchange   Lightning Service Providers  Business and Personal Goals  Custodial versus Non-Custodial and improving reliability  Saving versus Using Bitcoin  Spending Sats creates another node in the network  Instant settlement  Aligning incentives and split payments  Consequences for cheating    Pod Shout-outs  https://twitter.com/Breez_Tech   https://twitter.com/JasonPLowery   https://twitter.com/JeffBooth   https://twitter.com/FossGregfoss   https://twitter.com/natbrunell   https://twitter.com/knutsvanholm  https://twitter.com/fountain_app  https://twitter.com/BullBitcoin_  https://twitter.com/Mtheadventuross      Enter or Support the Kids Art Competition  www.bitcoin-first.com/kids-art-competition   At least 1,222,047 sats to be won!  Plus, prizes from www.shamory.com       Contact Us  www.2bitidiots.com

    1 h y 12 min

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The journey from Normie to Bitcoiner. Normal people tell the story of how they found the greatest money ever invented. Contact www.twitter.com/2BitIdiots if you'd like to come on as a guest. Hosted by: www.twitter.com/StackingHats and www.twitter.com/BitcoinBrendo More info: www.2bitidiots.com