Episode 197 of Satoshi's Plebs is out now!

In this episode nostr:npub10xxhztawwgtuapdej49q5jgfawu5p0f2j2tzuaxxww2hl546ct3sr7pcjl and nostr:npub197swtr3ymz7aw72tu7eqspxjta7zwcwf23uw4fxyxe2r2eyrfa2sdpner3 discuss our deepest, darkest fears - about Bitcoin that is! Even though we have both been involved in Bitcoin for years we have doubt and fears just like anyone else. So of course, being the Satoshi's Plebs Podcast, we discuss them. In addition, there are some fears that many new people have that we dive into as well.

Join the discussion and let us know what are your biggest Bitcoin fears? Leave a comment below or boost the podcast episode.

And now for the ZAPATHON! If you repost and comment on this note we will zap you 210 sats! And for the first 21 of you who do that you will get 420 sats! Just make sure to repost and leave a comment below. We will zap the comments under this note so you can receive 100% of the zaps. We will do that until we give out 42,000 sats! Hopefully that will be enough for everyone...

Listen on PodcastIndex: https://podcastindex.org/podcast/4150552?episode=33808027104

Listen on Fountain: https://fountain.fm/episode/SO7K5KoZujiGhh1gpEEb

See our back catalogue: https://satoshis-plebs.com/episodes/

#Bitcoin #podcast #v4v #value4value

#zapathon #nostr #plebchain #zap #plebs #zapvertising #zapvert

Reply to this note

Please Login to reply.

Discussion

Fear always has to be present, let's learn to control it!! πŸ’ͺπŸ˜…

nostr:npub10xxhztawwgtuapdej49q5jgfawu5p0f2j2tzuaxxww2hl546ct3sr7pcjl nostr:npub197swtr3ymz7aw72tu7eqspxjta7zwcwf23uw4fxyxe2r2eyrfa2sdpner3 #bitcoin #podcast

Yes! Let's go! πŸ’ͺ

Done, giving it a listen.

Hope you enjoy it!

Was a great listen! Relatable to me, firstly with Kenshin on Python, I also started delving more into Python, part of my new years resolution, was using YouTube, will try AI. On McIntosh, I am also on the verge of setting up my lightning nodes.

My pleb takeaways:

Was an awesome dive into the banning of Bitcoin mining and especially the study cases on some countries.

Touched on scammers, not talked about enough, many have been scammed into shitcoins or pyramid schemes under the guise of Bitcoin, which makes adoption way much harder for some who have already been conned.

Was nice that you delved into the importance of keys, especially on multi-sig and metal plates. (NOT YOUR KEYS NOT YOUR COINS!)

Awesome mention on quantam computing,I also grapple with this one, soon enough AI and computing power will bring the need for more security.

Nothing good about KYC! No need to apologize to bankers haha!

Very grateful to hear that you liked the episode! πŸ«‚πŸ’œ

Definitely try AI for python, so easy! Especially if you know some fundamentals you can understand the code since the AI will even add comments to explain what it's doing. I have learnt more from this process than trying any book, videos or apps that I have gone through in the past.

Yes there are a lot of scams around but I think I got immune throughout the years since the days of the basic email inheritance scams. The moment someone says to help recover lost coins or help with trading advice then it's easy to block them. Sometimes I go along for a while just to waste their time 😜

But in general if anyone asks for your seed phrase then avoid them 100& of the time.

KYC is πŸ’©! πŸ’―

Mr. Quarter Italian haha.

True story! πŸ˜…πŸ‘Œ

It was great! Simple and direct, very 'plebby'. Honestly with such podcasts and all the resources on Nostr, orange and purple pilling is way easier. Imagine xplaining Bitcoin or Nostr from scratch versus just a few links to Satoshis plebs, great work!

That means a lot, thanks for listening! πŸ«‚πŸ’œ

Always welcome

thank you 🀝

You are welcome! Thank you for participating!

Thank you for this great initiative!

You are welcome!

Done! Keep up the great work plebs. 😎

Thank you for supporting us again! πŸ«‚

You’re welcome! πŸ€™

Great idea with an account for the podcast. Keep up the good work! πŸ‘

Thank you for your continuous streaming support! πŸ«‚πŸ’œβš‘

Nice to see you here as well! You are wonderful travel companions

Thank you, that means a lot!

Reposted... going to give it a listen now as I wake up. 🀝

Thank you! Hope you enjoy the episode πŸ˜‰βš‘πŸ§‘

Nice πŸ”₯! Keep up your great work πŸ’ͺ! Reposted for more visibility 🫑🧑!

Thank you for your support!

You're very welcome πŸ§‘πŸ«‚!

#V4V is the way πŸ€™

Love this image!

Thx a lot! I made it a while ago πŸ€™

Adding this to my list. Always good to have more Bitcoin podcasts πŸ’œπŸ΄

Thank you, hope you enjoy it! πŸ«‚πŸ’œ

I see I have a lot of catch-up to do.

Thanks! Adding to my list for car-drives πŸ˜ŽπŸ€™

Thank you for your support!

Thank you back!

Excelente 😎⚑

πŸ‘Œ

oh amaizing πŸ’“πŸ’—πŸ’–

Welcome!

Lets go!! ⚑️

Yes! #yestr

LFG

βœˆοΈβœˆοΈβœˆοΈβœˆοΈπŸ«‚πŸ’―

It seems to be some issue with your lightning wallet, I cannot zap you...

lnbc4200n1pnmpr7ypp5e8sn8jmkrq5gezydxq53yeuu57rge06e0lqpzqmuqer4ugnrlw7qdp82pshjgr5dusyymrfde4jq4mpd3kx2apq24ek2uscqzpuxqr8pqsp55263neaz2a56gglr8q8ggnajztj7gtcy98czm9tudygy0rqvqrws9qxpqysgq548zktfscha0ukuqn2fzt3gc28p3k4ky640uahlvl3ze5dpex098wjwgl4hv3f2pnccghksnag4s6cn8tm9jrj0ynf4qtyz2fjce5mqql5gn6d

Yes that worked! Enjoy πŸ«‚

Enjoyed... nice to know we have some of the same fears! Get those mentioned methods implemented before it's too late! My greatest fear is nobody I know cares enough to learn how to recover mine after I die. I have tried explaining to everyone how everything works... goes in one ear and out the other(even my wife) Kind of hope nostr:npub17xvf49kht23cddxgw92rvfktkd3vqvjgkgsdexh9847wl0927tqsrhc9as or some other foundations come up with some kind of plan to allow you to setup a way to just give it all to them.... really don't trust custodians though, so doubt that will work either..... Also, fountain is cool and all, but to boost you through there, you have to use their wallet, which is lame, especially since it has nostr integration...

Very good points! Just keep showing them the 000 in bitcoin's price and eventually they will get motivated πŸ˜…

I actually had good luck with family so far, after a while they come on their own to ask more. Everyone has their timing.

Yes fountain is very restrictive, they don't even offer NWC to connect their wallet to another Nostr app to make payments with it, so you do need a second wallet anyway. I actually start using podcast guru more lately since it's a better podcast app but it's missing the Nostr integration. Now that we will post the episodes directly on Nostr hopefully we get more interactions with everyone and we can even reply on the boosts πŸ«‚βš‘

Let's fly✈️😎

Please don't make new accounts just to get more sats... One zap per real person please so the is enough for everyone πŸ«‚

Awesome πŸ˜ŽπŸ’―

Please don't make new accounts just to get more sats... One zap per real person please so the is enough for everyone πŸ«‚

Listening now! Wasn't familiar with the pod, but when you say repost and comment, I see value for value so I'm here for it.

nostr:nevent1qvzqqqqqqypzp0ddsgshc94r93snrlp4rjp7k8vyhxv4xlvqkq5q3jqp4ng5v2vgqqs2xy2ysn82nnk43rekjcaj3gkkkj26awjw6ujnwykm9exhz8phvvq94g5gl

Glad to have found a new Bitcoin podcast! As I said in my repost, if anyone mentions social interactions that actually provide value (repost/comment), I'm here for it. I have a read on this if you guys care to check it out and discuss sometime. Keep up the good work, and zapped :-)

Thank you! Yes value 4 value is very important to us too! πŸ«‚

Very nice! I’ll be tuning in for sure.

Thanks 🫑

Great hope you enjoy it!

Looking forwards to having a listen at those #bitcoin fears.

Always looking for points of view that stress test this whole ideal we are all rallying behind 🧑

Nice to have you here too πŸ«‚

Hope you enjoy the episode πŸ’œ

I’m sure I will :)

Nice, and please if you can repost this note, it would really help us πŸ’œ

Sure ☺️

Make #Bitcoin Great Again

#ZAPATHON is on again!

Ok #nostr we still have a lot of sats to give away! If you haven't joined the zapathon earlier today, then make sure to go to the below post, repost it and comment under it so we can zap you 210 sats!

#plebcain #zaps

nostr:nevent1qqs2xy2ysn82nnk43rekjcaj3gkkkj26awjw6ujnwykm9exhz8phvvqppemhxue69uhkummn9ekx7mp0qgstmtvzy97pdgevvyclcdgus043mp9en9fhmq9s9qyvsqdv69rznzqrqsqqqqqpttrq5g

Put it on my list for tomorrow πŸ’ͺ

Nice, hope you enjoy it!

Thanks man! No doubt I will get some value from it

Muito obrigado por ajudar a comunidade 🫑

Zaps sΓ£o sempre bem vindos ⛏️πŸ₯³

Fico feliz em ajudar e poder conhecer o trabalho de vocΓͺs.

Thank you for the support! πŸ™Œ

Great πŸš€

πŸ‘πŸ‘

Nice talk guys! Thanks for reminding me to make work on my multisig πŸ«‚

We all need to keep working on our set-up and motivate each other to do so...

Thanks for listening!

Thank you for taking time to talk about important things. Been 3 years into Bitcoin, but never done a multisig. This weekend I'll make time to practice a bit and make one πŸ’ͺ

Finally had a chance to have q listen to the show and the different fears related to #bitcoin .

At the invitation of having plebs share some fears, a few that weren’t mentioned and that have gotten into my radar recently are:

- ossification : listening to a few nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp interviews has made me wary of what it means to only focus development on other layers and not on the base chain, and what it would mean if little by little we have few and few maintainer developers to make sure that the chain which may hold more than trillions in value starts to lose devs and people who can maintain the decentralized ethos and priorities in the code.

- base layer being self reliant: for the moment miners can rely on the block subsidy. But seeing how in these usd spike moments, transaction fees remain low… if development on second and third layer remain the way to make transacting on bitcoin cheaper, then I wonder how the incentive model will make sense for miners after no more block rewards (long timeframe, but still a fear πŸ˜… for the legacy)

- self-custody blacklisting: the more paper bitcoin goes into circulation, and the more institutions want to hold bitcoin for you, I worry for self-custodial criminalization (make people have to choose to behave outside of the law) and the fact that may result in less and less ways to transact with your self-custodied stack.

Anyway, just some thoughts that sparked off listening to your pod :)

great thoughts!!! Glad you listened and love the feedback!

Those are great comments! Never heard of ossification before, very interesting. Now with some ETF players giving back to developers from their profits hopefully will keep them going for longer!

We talk a bit in the upcoming episode about the future of block rewards and transaction fees. I think that will solve itself with time and with the increased value of bitcoin.

Very good point about stuff custody, I have that fear too actually. Hopefully we can vote with our feet if that comes to the country we live in. But yeah that's a big one and Europe was in talks about somehow making self custody illegal. I hope it doesn't happen...