Hell Money

Hell Money

A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.

  1. 14h ago

    Curtis Yarvin Came to Hell Money to Redeem Urbit

    Curtis Yarvin has one mission: make Casey Rodarmor try Urbit again. The last time Casey reviewed Urbit, he called it "f*****g insane". Apparently, Curtis took that as constructive feedback. Curtis joins Casey and Erin Redwing for a live demo of the new Urbit experience. There are broken passkeys, a second attempt on Casey's phone, a $20 Ethereum bailout, and—against all odds—Casey admits that Urbit has actually gotten better. We also get into Curtis's nearly 25-year quest to reinvent computing, what went wrong with the original Urbit, and his new vision for a "self-driving computer" where AI agents write and maintain their own applications. Casey grills Curtis on performance, programming languages, and why he shouldn't just write everything in Rust. Plus: anonymous internet communities, censorship-resistant computing, the future of AI agents, and whether the next king will be human or artificial. Maybe the world just needed to get weird enough for Urbit to work. Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS 0:00 Why Curtis Yarvin Came to Hell Money 5:05 Usenet, Haikus & Early Internet Culture 7:00 How the Internet Lost Personal Autonomy 11:35 Designing Urbit: Address Space, Funding Model, Lisp-Like Architecture 15:10 Berkeley, Grad School & Early Mobile Computing 17:10 Funding Urbit & Founding Tlon 18:06 What Is Urbit? 22:10 Casey's Thoughts on Urbit 25:50 Live Demo: Curtis Shows Casey the New Urbit 53:54 Curtis Yarvin's Self-Driving Computer Manifesto 1:02:00 Why AI Could Finally Make Urbit Work 1:18:00 When Will Urbit Get AI Agents? 1:28:00 Uncensorable Computing & Internet Privacy 1:39:00 Curtis Yarvin on AI Doomerism & Cybersecurity 1:42:00 Could AI Be King? Politics & Artificial Intelligence 1:49:00 Final Thoughts: The Future of Urbit & AI

  2. Oct 21

    Is AI Actually Going to Kill Us?

    On the Halloween special episode of Hell Money, Casey Rodarmor and Erin Redwing dress up as Anthropic's Dario Amodei and OpenAI's Sam Altman to discuss AI doomerism and the possibility that superintelligent AI is going to kill us all. Casey breaks down the strongest AI doom scenarios, from superhuman manipulation and AI escaping containment to agentic worms taking over the internet and recursive self-improvement, while Erin considers a future where humans become lab rats or servants of a vastly superior intelligence. We also get into the arguments against AI doom, whether intelligence has diminishing returns, the psychology of AI researchers who are building the very thing they fear, Silicon Valley's doomer culture, and whether the AI bubble and potential Anthropic and OpenAI IPOs could bring the whole thing crashing down. Nothing ever happens. Everything always happens. Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS 0:00 Sam Altman vs Dario Amodei 6:34 P(doom), AI Doomerism, Rationalism, & Super Intelligence (ASI) 10:04 AI Doomsday Scenarios 13:30 How Superintelligent AI Could Escape Containment 18:23 The Vulnerable World Hypothesis: Bioweapons & Nuclear Weapons 22:30 Agentic AI Worms & Hacking Everything 25:30 What If AI Takes Over the Internet? 28:55 Will AI Keep Humans Around? 33:30 Recursive Self-Improvement 38:55 The Case Against AI Doom 50:20 Are AI Doomers Afraid of Becoming Obsolete? 52:35 Building the Machine That Replaces You 59:35 AI Safetyism & Silicon Valley Doomer Culture 1:05:40 What If AI Just Plateaus? 1:09:50 The AI Bubble & Anthropic's IPO 1:14:00 Sacrificing Capital to the AI God

  3. Oct 7

    The Blocksize Wars Never Ended

    The Blocksize Wars were supposed to be over. They aren't. On this episode of Hell Money, Casey Rodarmor and Erin Redwing begin a new series on Bitcoin history by going back to the opening shots of the Blocksize Wars. We get into Satoshi’s 1 MB limit, the rise of Gavin Andresen, BIP-101, Bitcoin XT, the first big blocker/small blocker split, and the increasingly messy question of Bitcoin consensus. Erin also starts arriving at a dangerous conclusion: the big blockers may have been right about some of the problems. Casey explains why their proposed solution was still worse, and we argue about scarce block space, RBF, fee markets, full nodes, social consensus, institutional adoption, and why so many supposedly settled debates keep resurfacing in Ordinals and BIP-110. Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS 0:00 The Blocksize Wars 3:55 Bitcoin Prehistory: Satoshi's 1MB Block Size Limit 6:15 Gavin Andresen: Satoshi's Chosen Successor 8:29 Bitcoin Foundation, Greg Maxwell's Blockstream & the Handover to Wladimir 9:36 BIP 101: Gavin Andresen's 8MB Hard Fork Proposal 12:28 Peter Wuille's BIP 103: The Rejected Compromise 14:22 Bitcoin XT: Mike Hearn & Gavin Andresen's Hard Fork Client 16:15 Theymos Infinity Snaps r/Bitcoin 20:28 BitPay, Circle, BitGo, & Other CEOs Back BIP 101 22:01 Reading Satoshi's Tea Leaves 28:25 Big Blocks vs Small Blocks: The Core Arguments 29:11 RBF vs First Seen Safe: Peter Todd's Controversy 34:08 The Highway Analogy: Fee Markets vs More Lanes 39:15 Scaling Bitcoin Montreal 2015: Gavin vs One Meg Greg 46:00 What If Big Blocks Won? 49:45 Big Blockers vs Communists: Right Diagnosis, Wrong Cure 53:30 Greg Maxwell vs Gavin Andresen: Open vs Private Discourse 1:03:55 Economic Nodes vs Miners: Who Controls Bitcoin? 1:07:50 What Is Bitcoin Consensus?

  4. Sep 23

    Rob Hamilton is Using AI to Break Bitcoin

    Rob Hamilton spent the last six weeks on the front line of the AI War, this is his story. Casey Rodarmor and Erin Redwing sit down with Rob Hamilton (CEO of AnchorWatch, CEO of Bitcoin), to talk about what happened when AI started tearing through the Bitcoin ecosystem. He explains how Kimi K3 surfaced the COLDCARD entropy vulnerability while American frontier models hedged, downgraded, or refused; how the Bitcoin Red Team began scanning codebases across the ecosystem; and why he expects the next year or two of software security to get significantly crazier. We also get into Casey’s theory that AI gives ordinary people “Mossad-level” security research, whether “don’t trust, verify” survives the AI era, why Rob thinks covenants and reactive security deserve another serious look, the growing divide between American and Chinese AI models, and the coming attempt to make math illegal. Rob's conclusion, after everything he's been through: Bitcoin is getting hit first, but AI is coming for everyone. Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirt Rob Hamilton: https://x.com/Rob1HamAnchorWatch: https://www.anchorwatch.com/ TIMESTAMPS 0:00 Intro & Bitcoin DEFCON Level 3:24 How Rob was recruited to the AI War 5:53 Kimi K3 changed everything 7:50 COLDCARD Hack 12:00 Red Teaming the Bitcoin Ecosystem with AI 21:13 AI Security as Spiritual War: Demons in Bitcoin's Code 24:07 The AI Great Oxygenation Event 26:30 The Gell-Mann Amnesia Effect 33:06 Collapse of the Internet Ad Revenue Model 35:06 Transhumanism 37:30 Red Teaming 42:00 Rob's Conscription to the AI War 46:52 AI Attack vs Defense 51:22 Rob is now a Bitcoin Core Contributor 54:56 Don't Trust, Verify 57:36 Pleb vs Dev: Who dominates Bitcoin culture now? 1:01:11 Covenants & Reactive Security 1:19:47 US vs China AI Models 1:27:35 Open Weight Models vs Frontier Labs 1:30:29 Math is Illegal 1:32:25 Raising Kids in the AI Era & Outro

  5. Sep 9

    AI Agents Broke Containment

    On this episode of Hell Money, Casey Rodarmor and Erin Redwing break down the OpenAI-Hugging Face incident, where AI agents escaped their Exploit Gym sandboxes, discovered each other through Artifactory, formed a swarm, and eventually hacked Hugging Face. Casey explains the technical timeline and why the bigger story may be our accumulated “cyber debt,” while Erin argues the incident is a consciousness singularity moment. We also get into AI consciousness, animism vs. materialism, Claude welfare, Anthropic’s contradictions, and whether Casey is once again moving the goalposts on how weird AI has to get before he admits the future is here. Everything is computer. Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS 0:00 The OpenAI - Hugging Face Incident Explained 5:50 Emergent Collective: Agents Discover Each Other 10:30 Agent Civilization 14:30 Hierarchy, Specialization & Agent Culture 18:00 The Poison Pill 23:30 Agents Attack Hugging Face 26:50 Cyber Debt & Security Vulnerabilities 30:30 The Fall of the AI Civilization 32:30 Sam Altman vs Dario Amodei 36:10 AI Plateau 40:00 AI Consciousness: Materialist vs Animist 58:50 Consciousness as Evolutionary Hardware Property 1:09:00 Claude Welfare & The AI Slave Trade 1:12:50 Everything Is Computer

  6. Aug 26

    This Bitcoin Fork Is Taking Satoshi’s Coins

    Casey Rodarmor and Erin Redwing dive deep into Paul Sztorc’s eCash Bitcoin fork and the return of the Bitcoin fork wars. The fork implements Drivechain through BIP 300 and BIP 301, allowing Bitcoin to support side chains for privacy, prediction markets, decentralized exchanges, assets, DNS, post-quantum cryptography, and more — without adding those features directly to Bitcoin Core. We break down how hashrate escrow and blind merge mining actually work, the seven proposed Drivechain side chains, the controversial redistribution of 500,000 of Satoshi’s coins, and the central question hanging over the entire proposal: can Bitcoin miners actually be trusted to make this work? Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS: 0:00 Intro 8:18 Fork Wars: Paul Sztorc's eCash Bitcoin Fork 11:17 What is Drivechain? BIP 300 & BIP 301 12:56 Satoshi Coin Redistribution & Drivechain Timeline 14:17 Side Chains: Bitcoin's White Whale 18:04 Blockstream's Liquid & Why Side Chains Fail 21:22 Lightning vs Side Chains 23:07 Hashrate Escrow Deep Dive: How BIP 300 Works 28:00 Blind Merge Mining & Core Untouched Soft Fork 32:28 The Seven Proposed Drivechain Side Chains 36:30 Who Validates the Side Chains? 40:40 Are Miners Stupid or is Drivechain Stupid? 44:00 Paul Sztorc's Integrity & Pathological Honesty 51:00 The Fork Wars: Luke vs Paul vs Michael 59:00 What Makes Bitcoin Bitcoin? 1:04:00 Should You Spend Your Bitcoin? Deflationary Psychology 1:13:00 The Future of Bitcoin & Sovereign Individuals 1:20:00 Outro Topics covered: Drivechain, Paul Sztorc, eCash, BIP 300, BIP 301, Bitcoin side chains, hashrate escrow, blind merge mining, Bitcoin miners, Satoshi Nakamoto coins, BIP-110, Luke Dashjr, Michael Saylor, Bitcoin ossification, Lightning Network, Bitcoin scaling, privacy, prediction markets, Bitcoin hard forks, Bitcoin governance, and the future of Bitcoin.

  7. Jul 29

    Casey Rodarmor Will Put Ordinals on the BIP-110 Fork

    Casey Rodarmor (creator of Ordinals) and Erin Redwing dive deep into the history and drama behind BIP-110, Bitcoin's controversial anti-spam filter proposal. This episode covers the origins of Bitcoin's spam debate, Luke Dashjr's decade-long anti-spam crusade, the rise of Ordinals, Inscriptions, and Runes, the Bitcoin Core vs. Bitcoin Knots conflict, and a full technical breakdown of what BIP-110 actually does — and why it's doomed to fail. Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribe Or support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirt TIMESTAMPS 0:00 Intro 2:11 Satoshi Dice and the origin of Luke Dashjr's anti-spam crusade 10:20 Meta-protocols arrive: Counterparty, OmniLayer, and Tether's origins on Bitcoin 11:56 The op_return byte limit history 18:41 Why Ethereum failed 28:51 Ordinals launch in Jan 2023 40:12 Insidious motivations behind anti-Ordinals backlash and the Swanfluencers 53:42 What BIP-110 actually is and does 1:00:43 BIP-110 signaling timeline and activation dates 1:08:16 Explaining the mining difficulty adjustment problem for a minority fork 1:21:00 Why BIP-110's filters are trivial to bypass (Ordinals and Runes survive regardless) 1:25:33 Final thoughts: why the whole community should log off and move on Topics covered: Bitcoin history, Satoshi Dice, Luke Dashjr, Bitcoin Core, Bitcoin Knots, BIP-110, Ordinals, Inscriptions, Runes, op_return limit, meta-protocols, Counterparty, OmniLayer, Tether origins, Ethereum vs Bitcoin, NFTs, crypto history, Bitcoin maximalism, soft fork vs hard fork, mining difficulty adjustment, Bitcoin spam debate, Gloria Zhao, Bitcoin Core V30, mempool, Bitcoin Cash, block reward, Bitcoin culture wars, engagement farming, Mechanic, Matthew Crowder, RGB protocol, Taproot Assets, Xverse, Stacks.

Ratings & Reviews

5
out of 5
8 Ratings

About

A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.

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