Bitcoin Today Recast

Bitcoin Today
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Bitcoin Today Recast is the home for every Bitcoin Today Space, all in one place. Every weekday, hosts Loren and Terence, guests, analysts, builders, and members of the Bitcoin community discuss Bitcoin price and markets, ETFs, self-custody, adoption, technology, macro, and the news shaping the ecosystem. Missed the live conversation? Catch the full replay here. 🎙️ Live on X weekdays at 8:30 AM PT. Follow Bitcoin Today Recast so you never miss an episode. Value for value: support the show in sats via Lightning, lorenhodl@strike.me or strike.me/@lorenhodl

  1. 1d ago

    The $6.3 Billion Binance Hack: A Hot Wallet Failure | Bitcoin Security, Custody & Exchange Risk | Oct. 30, 2026

    Mr HODL argues the $6.3 billion Binance hack was not a custody failure but a hot wallet failure: your UTXOs should be cold no matter who holds them. Terence Michael opens with the multisig case and the Mt. Gox lesson, the room audits CZ's promise to cover the hole against the cash a company like Coinbase actually holds, and Bruce Fenton closes with the case for tokenization. Bitcoin held $77,000 through the largest exchange hack in history. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl Chapters: 0:00:00.00 Opening: the sky is falling 0:02:16.36 Terence: custody gets challenged this year 0:03:55.94 Terence: everything points to multisig 0:05:51.14 Terence: Bitcoin itself was never hacked 0:07:03.00 Mt. Gox fell to a penny and lived 0:08:36.72 Exchanges will catch no break 0:10:23.02 A laptop and an Ethereum upgrade 0:11:49.70 Institutions split keys worldwide 0:13:03.02 Lorenzo: Binance is trust me bro 0:14:25.58 Gloria: protection of assets is power 0:15:52.08 Start cold storage with a few sats 0:19:52.50 The hole is triple the headline 0:22:57.24 Ozzy: every October, Binance rugs us 0:24:33.88 The stolen Bitcoin was wrapped Bitcoin 0:26:22.12 Grant: covering it is self-interest 0:29:25.56 ETF holders are underwater at $82K 0:31:50.16 Treasury yields are rolling over 0:33:09.88 Anything can be hacked, even banks 0:34:46.04 Split your Bitcoin four ways 0:36:00.44 A custodian who loses it covers it 0:38:33.14 Should Strategy custody its own coins? 0:39:58.26 Fred: frozen Tether strands Aave 0:43:12.02 Elvis: Binance is the biggest exchange 0:44:55.32 BitMEX never got hacked: no hot wallets 0:47:43.80 Cold keys do not get hacked 0:53:49.38 Scott: CZ is not in charge anymore 0:54:57.60 Binance is buying back the Bitcoin 0:59:51.64 CZ: it hurts, but we survive 1:03:25.40 Your balance is an IOU, not coins 1:05:52.08 Fidelity and IBIT are two custodians 1:09:52.02 You cannot freeze Bitcoin 1:11:00.48 Bitcoin is horrible to steal 1:14:35.10 You cannot Tornado Cash 18,000 Bitcoin 1:18:27.88 Withdrawals are paused until Monday 1:19:08.32 Made whole argues against self-custody 1:23:27.54 Someone has to custody the Bitcoin 1:24:14.68 An exchange hack is not a hardware flaw 1:26:44.34 A lawyer asked: is Bitcoin broken? 1:29:20.22 Mr HODL: not custody, hot versus cold 1:31:42.54 PHP runs 60 percent of the web 1:34:33.86 Crypto is hit because it is final 1:35:43.26 AI agents need attested authorization 1:39:06.78 Mr HODL: fraud runs through exchanges 1:42:59.72 CFTC wants federal registration 1:45:11.94 Mr HODL: your UTXO should be cold 1:48:44.46 Sign while completely cold 1:50:27.96 Darkside: TradFi chose convenience 1:54:27.08 Speed is the enemy of security 1:56:31.92 Mr HODL: keep keys off software 1:59:47.48 Blockchain was a marketing term 2:00:32.86 TradFi runs on time to fix mistakes 2:02:13.30 None of the other chains work 2:03:47.72 One laptop should never move a billion 2:05:53.36 Tico: peace of mind has a price 2:07:13.36 Ownership is law, Bitcoin is possession 2:09:32.44 Ozzy: Bitcoin is the only chain that works 2:10:44.08 Darkside: Strategy CFO quit in a week 2:14:24.50 Mr HODL: keep your Bitcoin cold 2:17:49.66 Bruce Fenton: tokenization is winning 2:19:44.74 The chain enforces nothing Segment: https://youtu.be/QXZN6z4d24M

    The $6.3 Billion Binance Hack: A Hot Wallet Failure | Bitcoin Security, Custody & Exchange Risk | Oct. 30, 2026

  2. 2d ago

    Bitcoin Mining Difficulty Jumps Nearly 6% Twice in a Row | Why Miners Aren’t Bearish | Oct. 29, 2026

    Mike Schmidt, who funds core developers through Brink and runs the Bitcoin Security Consortium's quantum work, explains why Bitcoin Core skipped version 32 for 32.1 after an AI scanner caught a medium-severity bug, and why the BIP110 fight turned on the difference between consensus and policy. TC reads the day's difficulty adjustment, set to jump close to 6% for the second time in two weeks, as proof miners are not bearish. Wicked explains why he is leaving multisig behind now that EntropyLab can verify a hardware wallet before it signs. Dave Weisberger argues AI is about to expose every crack in digital finance, passkeys or not. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl Chapters: 0:00:00.00 Opening banter, Mike joins the stage 0:01:25.56 $17.7M says Bitcoin never tops its high 0:02:20.48 Difficulty adjustment day, near 6% 0:04:07.02 TC: miners are not bearish at all 0:05:01.32 Public miners exit to AI, solo miners rise 0:08:37.46 Natalie asks: are difficulty highs bullish? 0:10:53.08 Water heaters are mining Bitcoin now 0:11:34.90 Meet Mike Schmidt, Core's inside guy 0:13:01.00 Mike: Optech, Brink, quantum break-glass 0:14:52.30 Quantum has two fronts: inform and fund 0:15:49.06 Lorenzo: quantum FUD cries sky is falling 0:17:24.40 FUD recycles: quantum, AI, wallet hacks 0:19:18.42 One fake phone call stole 185 Bitcoin 0:19:48.28 Terence: guard every account you own 0:21:11.54 Dave: send a test transaction first 0:23:46.06 Dave: AI shows all the cracks in security 0:26:50.14 Dave: TradFi only talks about AI now 0:28:31.56 Mike: two levers, FOMO and a scary event 0:30:26.88 Mr HODL: AI pays its bills in dollars 0:31:44.08 Terence: nobody wants to spend Bitcoin 0:33:05.46 What is big Bitcoin? 0:34:22.04 Mike: the donors are not pulling strings 0:37:23.82 Asanoha: big Bitcoin is real, like pharma 0:39:28.02 Lorenzo presses Asanoha on BIP110 0:41:01.26 Mike: never give the consortium one voice 0:43:38.60 Lorenzo: has your BIP110 view changed? 0:47:00.22 Asanoha: 715 Core fixes make better money 0:50:05.94 Consensus is not policy, Taproot was last 0:51:01.40 Mike: permissionless means users you dislike 0:56:23.96 Lorenzo: the mudslinging was the saddest part 0:59:04.45 TC: use it daily, it just works 1:01:27.66 Mike: misunderstanding fueled the attacks 1:03:47.14 Mike: fight about quantum, but fight better 1:05:45.28 Timechain Art Magazine opens pre-orders 1:07:02.88 Core skipped 32: an LLM found the bug 1:13:48.74 Dom drops a vibe-coded project 1:14:23.82 Watch Duty and the fire map tangent 1:18:02.74 Wicked: the hack made me redo my setup 1:22:52.78 Multisig was a stopgap all along 1:29:08.54 Import the WIF, not the whole seed 1:31:58.30 Mr HODL: a WIF in a wallet is hot 1:34:51.80 Seed words physical, wallet.dat digital 1:37:17.18 Dice rolls changed the words live 1:40:13.18 Terence: most people need a 2-of-3 1:46:11.52 Two companies can hold two keys 1:47:38.30 EntropyLab checks the PSBT for you 1:52:50.72 Mr HODL: go play with it, offline 1:53:17.10 Around the horn, closing the show Segment: https://youtu.be/L7GMwS2ySK4

    Bitcoin Mining Difficulty Jumps Nearly 6% Twice in a Row | Why Miners Aren’t Bearish | Oct. 29, 2026

  3. 3d ago

    21 Million Bitcoin: The Monetary Policy That Never Changes | Bitcoin’s Fixed Supply & the Future of Money | Oct. 28, 2026

    Joe Carlasare, an attorney, walks the room through AI copyright: whether AI output is a tool's product or a principal author's work decides if it can be protected at all, and why anonymous accounts offer no shelter from false-light judgments. Lorenzo opens on the Fed meeting with a simpler frame: he does not save in dollars, so he follows issuance, halvings, and difficulty instead of the rate decision. TC warns that AI can now read and write code better than humans, so every bug in every system is open season, and the room closes on a bet against Jason Calacanis that grows past $4 million. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl Chapters: 0:00:01.06 Opening banter, King James, sing-along 0:00:57.54 Fed preview: I don't save in dollars 0:01:43.88 Coinbase, Keystone hacks, trust no one 0:02:44.92 Mad World, Halloween, and a sick room 0:05:19.90 The $1M bet against Calacanis 0:08:09.16 Cathie Wood's fund sold $16M Bitcoin 0:08:50.38 Difficulty, hash rate, halvings 0:09:57.24 Simply Bitcoin's 500K-sat meme contest 0:12:06.12 Canada raised rates, EU revoked invite 0:12:51.11 TC: AI finds every bug now 0:16:10.14 Security wake-up: 2FA, password managers 0:18:39.68 Google's sharded institutional custody 0:21:48.40 AI bots, email access, privacy is gone 0:25:20.49 Interactive Bitcoin white paper 0:26:39.35 Mr. HODL: Grok, Gmail, privacy is gone 0:32:14.16 One API key connects every model 0:35:48.42 EntropyLab tonight, Chef's AI emails 0:38:25.36 Law firm AI, stack Bitcoin exposure 0:39:41.68 Built a game with AI, UI is dead 0:41:34.74 AI emails to bad managers 0:44:02.00 Wine advice: person vs prompt 0:49:09.32 AI replaces the dumb and mediocre 0:50:29.80 Harness, MCP, LLM: three pillars 0:53:01.44 UI is dead, roles changed 0:57:23.30 Pilot to control tower, experts matter 1:02:09.50 Joe: AI copyright, tool vs author 1:06:12.74 Memes, false light, $1M judgment 1:10:01.37 Digital discovery, LLM confidentiality 1:12:56.75 Joe: judgment can't be automated 1:19:35.14 The bet grows to $4M against Calacanis 1:21:24.68 Joe: slow down, emotional IQ 1:24:57.10 Struggle, proof of work, think yourself 1:33:36.50 Jimmy's flipped truck and community 1:36:27.88 AI in Netflix writers' rooms, slop TV 1:41:44.56 The bet hits $5M, closing the show Watch the full segment: https://youtu.be/fqBeQV2hzsY

    21 Million Bitcoin: The Monetary Policy That Never Changes | Bitcoin’s Fixed Supply & the Future of Money | Oct. 28, 2026

  4. 4d ago

    How Do You Save? 17 Years of Bitcoin’s Answer | Bitcoin, Sound Money & the Future of Savings | Oct. 27, 2026

    Terence Michael hosts an open-floor Bitcoin Today room that starts with the simplest question in personal finance: what actually preserves savings when bonds sit doing nothing for decades and the 401k is supposed to be fine? The room builds a working elevator pitch for Bitcoin, from 17 years of persistence to self-custody, the circle of trust, and why a crisis is what finally makes people question everything. The throughline is practical: stop cherry-picking timeframes, keep your own keys, and judge money by what it preserves, not what it promises. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl, @proofofmoney Chapters: 0:00:00 Information overload opens the show 0:12:34 Bonds sat doing nothing for decades 0:15:00 How do you save? The simple question 0:15:39 Quantum hacks Bitcoin in ten years? 0:16:17 Dollars are great, your 401k is fine 0:25:48 Build an elevator pitch for Bitcoin 0:33:05 A bridge to bring people in 0:35:43 Bitcoin: lubricant for capitalism 0:38:15 Bitcoin solves a real problem 0:40:50 Wall Street billions in Bitcoin 0:44:19 Stop cherry-picking timeframes 0:48:04 A gallon of milk measures the money 0:53:35 Coldcard security and self-custody 0:57:43 The circle of trust 1:04:47 Say the wrong thing, lose groceries 1:06:04 Blockchain is instant and transparent 1:10:50 An Austrian economist all along 1:21:36 More debt, better credit score 1:25:17 Bitcoin is hope, they laugh at us 1:32:34 The mainstream story is false 1:33:37 A second job to keep up 1:35:53 The pitch depends on the person 1:37:01 A crisis makes you question all 1:49:56 Sign-off and closing banter Watch the segment: https://youtu.be/wmvvQhkFFjg

    How Do You Save? 17 Years of Bitcoin’s Answer | Bitcoin, Sound Money & the Future of Savings | Oct. 27, 2026

  5. 5d ago

    Bitcoin vs. Gold: The $30 Trillion Endgame | Could Bitcoin Flip Gold in 10 Years? | Oct. 26, 2026

    Loren Hodl and the Bitcoin Today room work through the quantum FUD cycle, paper Bitcoin, and what actually secures a blockchain, from hacked-coin scenarios to the nominal amounts that matter. The room debates whether any other chain can ever reach Bitcoin's decentralization, why the top 10 from 2016 looks nothing like today, and what evidence would change their minds. The show closes on the gold flip: at least 10 years out, against a $30 trillion market cap, and what a $15 trillion Ethereum would mean for the thesis. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl and @proofofmoney YouTube segment: https://youtu.be/iUl5bUCXGgg Chapters: 00:00 Paper Bitcoin fears open the show 10:39 Paper Bitcoin ends Bitcoin? 24:05 Quantum: hacked coins spent today 33:00 Quantum fix is 3 to 5 years out 39:07 The wheel of fortune of FUD 48:04 Quantum: look at the nominal amount 54:00 Exchange inflows: the real resource 1:03:00 What counts as a shitcoin 1:06:08 Venmo vs blockchain settlement 1:12:01 What is a blockchain? 1:12:48 No other chain reaches decentralization 1:13:20 Decentralization is a spectrum 1:33:01 Minted Bitcoin just cease to exist 1:45:00 Bitcoin outlives a 40-year horizon 1:49:02 Top 10 from 2016 looks way different 1:51:00 When Bitcoin flips gold: 10 years 1:51:54 Gold's market cap is $30 trillion 1:58:31 Closer: All We Do Is Win

    Bitcoin vs. Gold: The $30 Trillion Endgame | Could Bitcoin Flip Gold in 10 Years? | Oct. 26, 2026

  6. Oct 23

    One Zettahash and a $40 Trillion Endgame for Bitcoin | Bitcoin Mining, Hash Rate & Long-Term Valuation | Oct. 23, 2026

    Roberto argues Japan is the monetary experiment lab for the West: thirty years of QE, QQE, and yield curve control that never created growth, with yield curve control next for the United States if a bond market crisis hits. He calls the BIS the head of the Medusa and makes the finale case that Bitcoin solves the Triffin dilemma, because a reserve asset with no host country cannot break one, unlocking $20 to $40 trillion in daily trade liquidity and forced nation-state adoption. Terence Michael opens the show as Bitcoin's hash rate returns to one zettahash, one sextillion computations per second. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. Full video on YouTube: https://www.youtube.com/watch?v=sCqfUdMDAHc | X: @lorenhodl and @proofofmoney 00:00 Show open, 1929 to the moon 02:13 Hash rate back at one zettahash 04:35 The October 1929 anniversary 05:25 SpaceX bonds are yielding 8 percent 05:51 A massive shortage of capital 15:00 Boiling down an investment philosophy 24:25 JPMorgan says Bitcoin performs best 26:52 Natalie on the advisor business 27:32 A Bitcoin Alpha inheritance talk 29:17 Why The Bitcoin Standard still lands 32:14 Homes should not be stores of value 35:00 Which Bitcoin ETF for an allocation 45:00 Off-balance sheet manipulation 50:05 The morality play was never needed 50:55 BIP110, Bitcoin's latest civil war 1:05:01 Will they take over the mining pools 1:10:00 House, credit card debt, or Bitcoin 1:12:35 Hold until the thesis is invalidated 1:17:33 How to actually monitor adoption 1:18:31 Dan and Robert take the stage 1:24:45 Japan's domestic carry trade 1:33:09 Why the room follows Roberto 1:35:03 Talking Japan with Roberto 1:42:48 The financial repression playbook 1:50:03 Can you just delete the debt 2:03:25 Winding down for the weekend 2:05:19 Japan is the West's experiment lab 2:09:01 Bitcoin has no host country

    One Zettahash and a $40 Trillion Endgame for Bitcoin | Bitcoin Mining, Hash Rate & Long-Term Valuation | Oct. 23, 2026

  7. Oct 22

    After Coldcard: Never Trust a Wallet to Make Your 24 Words | Bitcoin Seed Security & EntropyLab | Oct. 22, 2026

    The builder of EntropyLab, a single-file offline Bitcoin key and wallet calculator, argues your seed words are only as trustworthy as the entropy that created them, and that after the Coldcard failure no hardware wallet should generate your 24 words in secret. TC lays out the contradiction at the heart of Bitcoin security and the fix: roll your own entropy, create your own words, verify everything yourself. Fred Krueger answers the latest quantum panic, and Harry explains how one certificate authority's broken keys could have forged any website on Earth. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. X: @lorenhodl and @proofofmoney 00:00 Show open 04:09 UgaBoogaLand teaches Bitcoin as a game 04:29 Who funds Bitcoin education? 09:27 EntropyLab: a calculator, not a wallet 13:40 The file only works offline, on purpose 19:59 TC: create your own 24 words 24:17 Did your wallet use enough entropy? 29:02 The PSBT inspector checks your signer 34:23 Cold storage means rare on-chain moves 37:14 Done with hardware wallets 40:42 Trust it, or verify it yourself 41:14 Paranoid is the whole framework 46:06 Coldcard was a fork in the road 54:42 Online features defeat the purpose 1:00:28 Fred Krueger joins the room 1:02:25 Chamath's quantum FUD, answered 1:06:51 The PHP and Node.js certificate scare 1:11:20 A forged cert could fake any website 1:15:51 Point your own agent at your machine 1:18:37 Rocio: custody is a family decision 1:23:05 Self-custody is learning to drive 1:27:52 Sovereignty starts as a mind shift 1:29:07 Credential vaults at the OS level 1:31:41 A UTXO is a chunk of Bitcoin 1:37:34 A PSBT is a check missing a signature 1:41:10 Driving daily is riskier than Bitcoin

    After Coldcard: Never Trust a Wallet to Make Your 24 Words | Bitcoin Seed Security & EntropyLab | Oct. 22, 2026

  8. Trailer

    Welcome to Bitcoin Today!

    🎙️ Join Loren and Terence for Bitcoin Today, live on X every weekday at 8:30 AM PT. Daily conversations on Bitcoin, money, markets, and the incentives driving the headlines. Follow @BitcoinToday__ and @LorenHodl to catch the conversations and never miss a replay! 🟠

    Welcome to Bitcoin Today!
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About

Bitcoin Today Recast is the home for every Bitcoin Today Space, all in one place. Every weekday, hosts Loren and Terence, guests, analysts, builders, and members of the Bitcoin community discuss Bitcoin price and markets, ETFs, self-custody, adoption, technology, macro, and the news shaping the ecosystem. Missed the live conversation? Catch the full replay here. 🎙️ Live on X weekdays at 8:30 AM PT. Follow Bitcoin Today Recast so you never miss an episode. Value for value: support the show in sats via Lightning, lorenhodl@strike.me or strike.me/@lorenhodl

Information

  • Creator
    Bitcoin Today
  • Years Active
    2025 - 2026
  • Episodes
    426
  • Rating
    Explicit
  • Copyright
    © Bitcoin Today
  • Show Website
    Bitcoin Today Recast

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