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The Bitcoin Gauntlet
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A choose-your-own adventure, Bitcoin podcast challenge. Available on Fountain. DM open to be a guest. Nostr only.
Replying to Avatar HODL

I’m in

Record today or tomorrow? Next week?

Here’s the format. nostr:nevent1qqsvn8t6v38a5h2fss7xznkldf7f5njyh49q8esks069vavljl7w82spzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgw3ywr7

1. You pick one of three categories of Bitcoin topics

2. You pick one of three debate prompts within that category

3. Choose affirmative or negative, then elaborate

4. 4 rounds total

Thank you! Trying my best, always trying to improve.

Hey thanks for listening! I thought it was a great episode too.

Ok. I’ll reach out to you then and work on the Gauntlet for you in the meantime.

This was a fun chat with nostr:npub1gfxgylgst4lcemkjth6xdvcvq7le8rtlrym7wayml63qrjggngaqkqescl. We discuss Bitcoin’s full potential valuation, “Bitcoin fixes this” as a messaging tool, and Nostr vs Bitcoin adoption.

https://fountain.fm/episode/UF9oLPKuV1EcIAgGSYHi

nostr:nprofile1qqsgyvxxygk755quz6xcw80yp57w6j2xk4sgdqa0fp4z9e25yejzvsgpzemhxue69uhhyetvv9ujucm0d9hx7uewd9hj7qgkwaehxw309ahx7um5wfjkc6t5v4ejummjvuhs4ygxj6 I’m trying to educate in a roundabout way with my podcast. Guests get to choose their own debate prompts, which are divisive ideas in Bitcoin that I’d personally like to see hashed out. I made the pod, in part, to further educate myself and the guests on these issues. Hopefully the audience gets some of that value too. I don’t need or want sponsors, talking to Bitcoiners is value enough.

nostr:nprofile1qqst0mtgkp3du662ztj3l4fgts0purksu5fgek5n4vgmg9gt2hkn9lqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0dehhxarj9esh57npd4hjumn9wshs8a67pu At 36 mins here, Saifedean makes some good new points about stablecoin adoption that we missed. Specifically, that USDT adopters (in the developing world) will increase their cash balances relative to their peers who use the local, more inflationary currency. That bigger cash balance in USDT can then, in time, be traded for Bitcoin as longer-term savings. https://fountain.fm/episode/us4OtK6HIiDvOWtFCEv2

Then at ~50mins Saifedean explains how USDT will eventually be backed by Bitcoin.

Episode 7 with nostr:nprofile1qqst0mtgkp3du662ztj3l4fgts0purksu5fgek5n4vgmg9gt2hkn9lqpzamhxue69uhkummnw3ezuct60fsk6mewdejhgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhshewhld We talk about the morality of the speculative attack, seigniorage in money production, democracy in Bitcoin, stablecoin adoption, and a Bitcoiner’s courage.

https://fountain.fm/episode/WBAIzlZlIdKn5lfIMqbQ

nostr:nprofile1qqst0mtgkp3du662ztj3l4fgts0purksu5fgek5n4vgmg9gt2hkn9lqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0dehhxarj9esh57npd4hjumn9wshs8a67pu At 36 mins here, Saifedean makes some good new points about stablecoin adoption that we missed. Specifically, that USDT adopters (in the developing world) will increase their cash balances relative to their peers who use the local, more inflationary currency. That bigger cash balance in USDT can then, in time, be traded for Bitcoin as longer-term savings. https://fountain.fm/episode/us4OtK6HIiDvOWtFCEv2

Replying to Avatar FLASH

⚡️💬 NEW - Just watched nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkummnw3ezumt0d5q3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpds8jmryv's talk from Bitcoin 2025. It offers an interesting perspective.

He addresses the view that Tether could be seen as supportive of the US dollar—then presents arguments against it. Even in a scenario where Tether expands significantly and purchases large amounts of US Treasuries, the effect on US debt would still be minimal.

He also explores another idea:

Tether is accumulating Bitcoin gradually. Over time, its Bitcoin reserves could surpass its dollar holdings. If that were to happen, Tether might maintain its peg—or even exceed it. A stablecoin backed primarily by Bitcoin instead of Treasuries could potentially have a different valuation dynamic.

His conclusion:

“Tether isn’t rescuing the dollar. It might actually be helping the world move away from it.”

And this:

“The real risk to Tether isn’t volatility. It’s US default. And Bitcoin is the hedge.”

For those interested in the evolving relationship between stablecoins, fiat debt, and Bitcoin, the talk presents the concepts clearly.

https://blossom.primal.net/02d6e06511ace10188c9fafcd16d2877849084c0d6685d9059edcebcc5245a9c.mp4