Taking Care of Bitcoin

@TCBcoin

New to Bitcoin? Well, everyone was new to Bitcoin at some point. Taking Care of Bitcoin is the first stop on your Bitcoin journey. We talk to people from all walks of life and answer the basic questions common to every Bitcoin noob. We're trying to onboard as many freedom fighters as possible. Let's take care of it! TCB baby!

  1. 1d ago

    TCB Short - The Most American Idea

    The Most American Idea Available on Amazon: https://www.amazon.com/dp/B0HNJ56MSG?ref_=cm_sw_r_ffobk_cp_ud_dp_K67NR9HWFX8YP377ZP5D_1&bestFormat=true TCB summarizes the central argument of his book, "The Most American Idea: The Truths Are Still Self-Evident," asking what limits power when those in power find limits inconvenient. He traces a sequence from reality and reason to morality, individual rights, voluntary markets, and money, arguing America’s founding insight was that power is dangerous and must be bound by rules. He says monetary power should face similar limits, describing how money evolved from property (gold) to promise and management, culminating in the post-1971 removal of gold constraints, which changed practical limits on government by enabling borrowing and monetary expansion. He argues this weakens the link between work, saving, and independence. Bitcoin, he says, answers concentrated monetary trust with unchangeable rules, permissionless participation, self-custody, and a fixed 21 million supply, embodying the principle that rules shouldn’t depend on rulers. 00:00 The Core Question 01:07 Founders and Limits 02:20 Reality Reason Morality 03:51 Rights Before Government 04:37 Markets and Exchange 05:29 What Money Is 06:23 From Gold to Central Banks 07:24 1971 and the Brake 08:52 The Invisible Amendment 10:25 Why Life Feels Harder 11:59 Bitcoin as Rules 14:30 Mainstreaming and Mission Drift 15:29 Freedom to Say No 16:41 Closing and Book Plug X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  2. Oct 20

    TCB Re-Hash with Becky Haag

    Becky Haag Returns: Bitcoin’s Staying Power, Debasement, and the Coming Digital Currency Shift TCB revisits a 2023 conversation with guest Becky Haag (when Bitcoin was $29,408) to discuss what has changed and why newcomers often panic at Bitcoin’s volatility. They argue Bitcoin has persisted and grown in awareness, adoption, and institutional attention, framing it as a protocol rather than a replaceable technology, driven by worsening monetary debasement and government debt. The discussion uses the end of penny production as a signal of currency deterioration and predicts a shift toward fully digital money, warning that central bank digital currencies could enable surveillance, censorship, and programmable restrictions, while Bitcoin offers a censorship-resistant alternative. They debate whether Bitcoin could be sidelined or driven underground versus being adopted via geopolitical and corporate game theory, especially amid AI-driven productivity and growing inequality. Becky asks if it’s too late; the host says no, emphasizing Bitcoin’s large potential addressable market and its utility as a savings technology. 00:00 Welcome Back Becky 01:04 Fear and Conviction 05:40 Fad or Protocol 09:20 Penny to CBDCs 13:50 Bitcoin as Freedom Money 15:49 Can Bitcoin Be Sidelined 19:06 Nation State Game Theory 24:47 Inevitability and Flashpoint 29:10 Debt Spiral and Collapse Risk 30:56 Inflation And Hot Potato 31:40 Nominal Gains Vs Real Returns 33:33 AI Makes Winners Unclear 34:08 Bitcoin As Productivity Denominator 37:03 Why Prices Rise Despite Tech 38:58 Fiat Since 1971 Breaking Point 40:38 Asset Inflation And Inequality 42:08 Political Backlash And Socialism 44:06 Bitcoin Adoption And S Curve 47:32 Gold Comparison And Market Caps 49:27 Is It Too Late 50:39 Global Money And Huge TAM 55:48 Bitcoin As Savings Technology 57:05 Closing Thoughts And Goodbye X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  3. Oct 1

    TCB Short - What if Someone Creates a Better Digital Currency?

    What If Someone Builds a Better Digital Currency Than Bitcoin? TCB addresses the challenge of whether a “better” digital currency could replace Bitcoin, arguing that “better” depends on trade-offs among speed, cost, privacy, scalability, decentralization, and scarcity. It explains that while Bitcoin’s open-source code is easy to copy, its history, credibility, accumulated security, liquidity, infrastructure, and network effects are not. The speaker recounts Bitcoin’s improbable bootstrapping from Satoshi’s 2008 white paper and early transactions and price discovery, emphasizing that its persistence reflects incentives and monetary properties that solved a real problem highlighted by the 2008 financial crisis. Bitcoin is framed less as a replaceable app (like MySpace) and more as a protocol akin to the internet, making replacement extremely difficult. A true successor would need meaningful overall monetary improvement, genuine decentralization, successful bootstrapping, time-tested resilience, and user migration; if such a system exists, it should win. 00:00 What If Bitcoin Is Outdone 01:54 Defining Better Money 02:26 Tradeoffs Not Features 03:16 How Bitcoin Bootstrapped 05:27 Improbable Not Accidental 07:52 The Chicken Egg Problem 09:37 Copy Code Not History 10:51 Bitcoin As A Protocol 13:59 What A Bitcoin Killer Needs 15:35 The Real Bitcoin Bet 16:45 Prove A Better System 18:58 Closing Thoughts X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  4. Aug 20

    TCB Short - What Happens if Someone Buys All The Bitcoin?

    What Happens If Someone Tries to Buy All the Bitcoin? TCB explains that “buying all the Bitcoin” is practically impossible and wouldn’t confer control over the network. Bitcoin’s price is set at the margin, so large purchases quickly exhaust available sellers near the current price and force the buyer to bid progressively higher to entice increasingly reluctant holders; some may refuse to sell at any price, and lost or long-term-held coins further reduce available supply. Market cap is not the money required to buy every coin because demand itself reprices the asset. Even if an entity becomes a huge holder (e.g., Strategy at roughly 850,000 BTC, about 4% of supply), ownership doesn’t grant authority over consensus rules, transaction validity, or supply changes. Unlike traditional finance where capital can compound via yield, Bitcoin ownership doesn’t reproduce more Bitcoin, so accumulating a larger share requires continual competition in a fixed-supply market. 00:00 Can You Buy It All 01:43 Bitcoin Priced at Margin 03:46 Scarcity Fights Back 05:54 Wealth vs Market Impact 07:13 Ownership Not Control 09:40 Economic Decentralization 10:52 Fiat Compounding vs Bitcoin 13:18 No Protocol Privileges 15:47 Answering the Thought Experiment 17:52 Final Takeaways X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  5. Aug 10

    Taking Care of Bitcoin with Gabriel Bloyd

    Bitcoin, Debasement, and Self-Custody: A Newcomer Conversation with Gabriel Bloyd TCB speaks with Bitcoin newcomer Gabriel Bloyd, a married father of four who first heard about crypto in 2014–2015 from a high-school friend. Bloyd asks how Bitcoin’s easy cross-border transfer and fixed supply affect governments, taxation, and a dollar he sees as losing value. The host argues U.S. monetary debasement is inevitable due to compounding debt and deficits, claims the dollar has lost over 99% of its value since 1913, and frames Bitcoin as a jurisdiction-less, uncensorable asset that enables capital to “exit,” forcing governments into competition. They discuss Bitcoin’s volatility versus long-term trends, dollar-cost averaging, and why timing trades fails. The host recommends learning before investing, experimenting with small transactions, and explains custodial exchanges versus self-custody, suggesting Strike and the Muun wallet, plus books like Economics in One Lesson, The Price of Tomorrow, and The Bitcoin Standard. 00:00 Copy of cloudRecording_FullConference_Take_1 00:23 Introduction & Guest Background 02:07 First Impressions of Bitcoin 05:04 Bitcoin Questions Begin 08:15 Dollar Debasement & Monetary Policy 15:43 Bitcoin Volatility & Risk 34:06 How to Get Started with Bitcoin 45:21 Recommended Apps & Wallets 01:04:12 Book Recommendations & Wrap-Up X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  6. Jul 17

    Taking Care of Bitcoin with David Biles

    Taking Care of Bitcoin with David Biles!  Housing, Inflation, and Sound Money TCB talks with David Biles, who says he’s new to economics but thinks deeply about money, housing, and broader impacts. They discuss why housing has been treated as an appreciating asset and connect rising prices across industries to currency debasement from ongoing money printing tied to U.S. debt and deficits. The host explains Bitcoin’s origin after the 2008 crisis, its fixed 21 million supply enforced by decentralized consensus, and why users are disincentivized from changing issuance. They cover Bitcoin’s volatility as a global price-discovery process, its competition with store-of-value assets like gold, bonds, real estate, and currencies, and potential upside if it captures parts of that market. They also discuss divisibility into satoshis, payments via the Lightning Network, merchant fee savings versus Visa, Square/Block enabling adoption, global usage, and Bitcoin’s benefits for censorship resistance and portability. 00:00 Welcome and Guest Intro 01:38 Housing as Money Debate 02:24 First Bitcoin Memories 03:23 Why Bitcoin Exists 08:45 Fiat Printing and Inflation 12:50 What Gives Bitcoin Value 15:25 Bitcoin as Engineered Money 18:24 Bitcoin Upside and TAM 23:51 Divisibility and Layer Twos 26:12 Lightning Payments in Practice 28:08 Cutting Out Visa Fees 29:59 Small Business Payments 30:38 Lightning QR Demo 31:57 Banks Fight Back 34:18 Protocols Don’t Replace 37:13 Inflation Steals Time 42:48 Bitcoin Everywhere Now 45:35 Programmable Money Fears 49:06 Escape With Your Wealth 52:07 Fix the Math Problem 54:53 Wrap Up and Plugs Check out David on TikTok @aviddn and YouTube @ttv.aviddn X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  7. Jul 14

    TCB Short - Isn't Volatility a Problem for Bitcoin?

    Today we answer the question: Isn't Volatility a Problem for Bitcoin? Is Bitcoin Volatility a Problem—or Proof It’s Still Monetizing? TCB argues that Bitcoin’s volatility is not evidence it is failing as money, but evidence it is still monetizing through global price discovery. Comparing Bitcoin to mature systems like the U.S. dollar is framed as like comparing a startup to a Fortune 500 company; a better comparison is early-stage monetary goods such as gold or emerging national currencies. Bitcoin is described as naturally volatile because its supply is permanently fixed at 21 million, so price—not supply—must adjust to changes in demand, like a never-ending global auction. As adoption grows, liquidity deepens, and markets become more efficient, volatility should gradually decline, which the script says has broadly happened over Bitcoin cycles. It distinguishes short-term price stability from long-term purchasing power, suggests dollars may remain transactional money while Bitcoin serves as long-term savings, and outlines money’s progression from store of value to medium of exchange to unit of account. 00:00 Volatility Objection 01:04 Monetization In Progress 01:20 Volatile Compared To What 02:18 Fixed Supply Explained 03:13 Worlds Largest Auction 04:33 Price Discovery Over Time 05:14 Static Vs Dynamic Stability 06:50 Why Volatility Declines 07:53 Price Vs Purchasing Power 08:44 Different Jobs For Money 10:07 Three Stages Of Money 11:19 Volatility Reframed 13:02 Closing Thoughts X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

  8. Jun 23

    TCB Short - Won't Bitcoin Fall into a Deflationary Spiral?

    Today we answer the question: Won't Bitcoin Fall into a Deflationary Spiral? Will Bitcoin Trigger a Deflationary Spiral?  Productivity, Inflation, and AI Abundance TCB addresses the objection that Bitcoin would cause a deflationary spiral by encouraging hoarding, arguing instead that deflation is often the natural result of free-market productivity gains. It distinguishes “bad deflation” from collapsing credit (e.g., debt crises) versus “good deflation” from innovation and efficiency, noting consumers still spend due to positive time preference. The speaker claims inflation and monetary expansion prevent consumers—especially the working class—from fully receiving productivity benefits, shifting gains toward early recipients of new money via the Cantillon effect. With AI potentially becoming a major deflationary force by automating cognition and driving near-zero marginal costs, the debt-based system may face stress as prices fall faster than policymakers can inflate. Bitcoin is presented as fixed-supply “monetary ruler” that reveals abundance and enables purchasing power to rise, posing a choice between greater intervention/centralization and monetary realignment. 00:00 Bitcoin Deflation Fear 01:36 Deflation Spiral Explained 02:09 Good vs Bad Deflation 03:46 Why People Still Spend 04:56 Hidden Cost of Inflation 05:55 Cantillon Effect Inequality 07:57 AI as Deflation Engine 09:41 Debt System Under Stress 11:37 Bitcoin as Honest Ruler 12:23 2050 Abundance Thought Experiment 13:06 Answering the Spiral Question 13:52 Monetary Realignment Choice 15:27 Closing Takeaways X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

About

New to Bitcoin? Well, everyone was new to Bitcoin at some point. Taking Care of Bitcoin is the first stop on your Bitcoin journey. We talk to people from all walks of life and answer the basic questions common to every Bitcoin noob. We're trying to onboard as many freedom fighters as possible. Let's take care of it! TCB baby!