The Bitcoin Frontier Unchained Capital, Inc

In this episode, John Ratcliff, a bitcoin blockchain analytics pioneer and early bitcoin adopter since 2013, explores the extremity of bitcoin scarcity. John shares his extensive background as a game developer and how he initially began to understand bitcoin. He discusses the similarities between early game development and bitcoin's block size limit, as well as the interesting connection between bitcoin and freemasonry. The conversation also covers topics like Modern Monetary Theory (MMT), UFOs, and the mindset needed to analyze the bitcoin blockchain. Listeners will learn John’s perspective on bitcoin price models, the true scarcity of bitcoin, and practical advice for young people incorporating bitcoin into their lives.

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TIMESTAMPS:
00:00:00 Introduction
00:01:35 John’s background as a game developer and 2013 bitcoiner
00:02:57 Did being a video game developer help you understand bitcoin?
00:07:38 John’s catalyst to understanding bitcoin
00:11:42 Money or markets within video games
00:13:05 Resource constraints in bitcoin and early game development
00:19:39 Bitcoin video games
00:20:17 You’re a freemason–what is a freemason?
00:23:29 Bitcoin and freemasons
00:27:19 Do MMTers actually believe what they say?
00:29:26 UFOs, aliens, and open mindedness
00:34:30 Analyzing the bitcoin blockchain
00:51:00 How scarce is bitcoin
01:05:18 Bitcoin price models—S2F and power law
01:06:16 Advice for young people making bitcoin a part of their life
01:14:20 Something you believe that most holders of bitcoin would disagree?

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In this episode, Christopher David, a self-taught software engineer with two decades of experience, dives into the future of AI and bitcoin. Christopher offers his expert analysis on OpenAI's GPT-4o model release, the evolving dynamics between humans and AI, and the pivotal question of whether AI will replace or create millions of jobs. He also examines the future landscape of closed-source versus open-source models, the innovative ways software engineers are leveraging LLMs, and the potential arrival of AGI.

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TIMESTAMPS:
00:00:00 Introduction
00:01:35 Christopher’s software and bitcoin background
00:02:47 Thoughts on Open AI GPT-4o?
00:07:00 Is technology actually accelerating?
00:13:08 Will we use AI as a personal assistant or as autonomous agents?
00:19:18 What is AGI? When will we see AGI?
00:24:30 How will humans continue to interact with AI models?
00:28:14 Will AI replace or create jobs?
00:31:20 AI models and software engineering
00:36:14 Will open source models keep pace with closed source models?
00:38:13 One big AGI model or many niche models?
00:41:22 How does bitcoin fit into the future of AI?
00:43:05 What is OpenAgents?
00:45:53 What is an AI agent?
00:49:22 Does AI destroy moats around SaaS companies?
00:51:23 Are we approaching a technological singularity?
00:52:53 Is AI a centralizing or decentralizing technology?
00:53:58 Closing thoughts

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In this episode, Bitstein discusses critical aspects of bitcoin's history. We begin with an analysis of the 2015-2017 blocksize war and its implications. Bitstein offers insights on potential future bitcoin fork wars and whether he would ever support any future hard forks. We explore bitcoin's antifragility and why institutions like the Mises Institute haven't fully embraced it. Bitstein also outlines the long-term vision of the Nakamoto Institute. We then examine stock-to-flow and power law models to understand bitcoin’s “boundless” total addressable market (TAM).

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TIMESTAMPS:
00:00:00 Introduction
00:01:36 2015-2017 blocksize war
00:21:21 Will there be future bitcoin fork wars?
00:27:27 Will Bitstein ever choose a future hardfork?
00:32:34 Antifragility of bitcoin
00:43:25 Why is the Mises Institute not a massive bitcoin proponent?
00:48:00 Nakamoto institute—long term vision?
00:58:26 Supporting the Nakamoto Institute
01:00:43 S2F and power law models
01:07:39 Bitcoin’s total addressable market?
01:12:22 Closing thoughts

SUPPORTING LINKS:
Nakamoto Institute: https://nakamotoinstitute.org/
Support the Nakamoto Institute: https://nakamotoinstitute.org/get-involved/ 
Donate to the Nakamoto Institute: https://nakamotoinstitute.org/donate/ 
Contact the Nakamoto Institute: https://nakamotoinstitute.org/contact/ 

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→ Bitstein’s Twitter: https://x.com/bitstein

In this episode, Matt McClintock shares his expertise on managing thousands of bitcoins for ultra-wealthy clients. He discusses the differences between early bitcoin pioneers from 2010 and existing ultra-high-net-worth individuals (UHNWIs) buying bitcoin, the burning questions ultra high net worth bitcoin holders ask, and how bitcoin is transforming wealth inheritance. Matt dives into trust durations, jurisdictions, and tax strategies, revealing whether these UHNWIs are still buying bitcoin or diversifying and shifting to “ethical” investments. We also look at bitcoin's future in the US, the timing of ETF approvals, its total addressable market, and the surprising number of early ultra-wealthy adopters.

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TIMESTAMPS:
00:00:00 Introduction
00:01:30 Matt’s background: Helping people hold thousands of bitcoins
00:04:55 Early bitcoiners vs. existing UHNWIs
00:09:47 Key questions from ultra-wealthy bitcoiners
00:12:58 Inheriting traditional assets vs. bitcoin
00:19:22 Trust duration and jurisdictions
00:25:06 Trust endings and tax implications
00:29:30 Do ultra-wealthy bitcoiners still buy bitcoin?
00:34:44 Wealthy investing in moral good vs. returns
00:38:49 How will the US and bitcoin evolve together?
00:43:25 Timing of ETF approvals
00:47:00 Bitcoin’s total addressable market
00:50:40 Surprised by ultra-wealthy early adopters?
00:53:50 Closing thoughts
WHERE TO FOLLOW US:
→ Unchained Twitter: https://twitter.com/unchainedcom
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→ Joe Burnett’s Twitter: https://twitter.com/IIICapital
→ Matt McClintock’s Twitter: https://twitter.com/mcclintock_m 
Connect with Matt McClintock and The Bespoke Group: →  Website: https://bespokegroup.io/→  Matt’s X: [https://x.com/mcclintock_m →  Company X: https://x.com/BespokeGroupCO→  Matt’s LinkedIn: https://www.linkedin.com/in/mattmcclintock/→  Company LinkedIn: https://www.linkedin.com/company/bespoke-service-company-llc/

In this episode, Dr. Jeff Ross shares insights on current macroeconomic trends, including the Federal Reserve's reconsideration of rate cuts, increased market volatility over the past month, and unexpectedly high inflation rates. He discusses the power law model, drawing comparisons with patterns observed during his medical career as a physician and radiologist. Dr. Jeff also explores strategies for constructing the optimal portfolio in 2024 and in the future under a bitcoin standard.

SUPPORT THE PODCAST:
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TIMESTAMPS:
00:00:00 Intro
00:01:33 Macro—fed walking back rate cuts, VIX high, hot inflation
00:06:55 S2F and power law—where will bitcoin go this cycle?
00:17:49 Best performing hedge fund of 2024
00:20:57 Bitcoin, MSTR, miners, and options?
00:26:53 Changing the geopolitical world order
00:33:00 What’s the optimal bitcoin allocation?
00:37:36 Is there anyone that should not buy bitcoin?
00:39:13 Will investment management get less or more important?
00:40:32 ETF, exchange, or self custody?
00:42:41 Will financial advisors play a role in private key management?
00:45:32 Future of bitcoin custody
00:48:28 Are passive index funds useful on a bitcoin standard?
00:51:37 Optimal portfolio allocation on a bitcoin standard
00:53:15 Closing thoughts

WHERE TO FOLLOW US:
→ Unchained Twitter: https://twitter.com/unchainedcom
→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom 
→ Unchained Newsletter: https://unchained.com/newsletter 
→ Joe Burnett’s Twitter: https://twitter.com/IIICapital
→ Dr. Jeff Ross’s Twitter: https://twitter.com/VailshireCap

In this episode, we explore bitcoin skepticism, focusing on topics such as hashrate volatility, potential miner attacks, and Michael Saylor's perspective on bitcoin. Micah provides insights from his bitcoin textbook and uses a chalkboard to clearly illustrate his views on the future of the bitcoin mining industry. We dive into significant issues like transaction censoring and miner collusion, and discuss the potential future risks to bitcoin's cryptographic security.
SUPPORT THE PODCAST:
→ Subscribe
→ Leave a review
→ Share the show out with your friends and family
→ Send us an email podcast@unchained.com

TIMESTAMPS:
00:00:00 Intro
00:01:15 Who are you and when did you start thinking about bitcoin?
00:14:30 What do people think about your bitcoin textbook?
00:15:45 Do you own bitcoin?
00:16:38 Do you want bitcoin to succeed?
00:19:55 Is saving bad?
00:20:44 Rent seeking?
00:21:45 Could bitcoin’s hashrate be highly volatile?
00:27:38 What’s the tipping point of hashrate volatility?
00:30:17 Is this hashrate volatility a problem?
00:31:20 Attacking bitcoin
00:35:20 What are the attacks miners might do?
00:39:35 When do you think this type of attack may occur?
00:43:24 MARA transaction censoring failed
00:44:24 What’s the tipping point for miner collusion?
00:45:55 We’ve already seen miner capitulation
00:47:30 Bitcoin price vs value?
00:48:00 Will the price of bitcoin keep going up?
00:48:16 Thoughts on Michael Saylor?
00:50:13 Any risk of cryptography breaking?
00:51:40 Closing thoughts

WHERE TO FOLLOW US:
→ Unchained Twitter: https://twitter.com/unchainedcom
→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom 
→ Unchained Newsletter: https://unchained.com/newsletter 
→ Joe Burnett’s Twitter: https://twitter.com/IIICapital
→ Micah Warren’s Twitter: https://twitter.com/AchimWar