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The Reorg

Episode 9 – Bitcoin's Compound Rewards

By Satoshi Nakamoto Institute

Aired Apr 9, 2025 · 1h 4m · Last boosted Apr 15, 2025

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Show Notes

Description Michael Goldstein and Pierre Rochard discuss Daniel Krawisz's 2014 article "Bitcoin's Compound Rewards." Featuring Michael Goldstein: https://x.com/bitstein Pierre Rochard: https://x.com/BitcoinPierre Links & Resources "Bitcoin's Compound Rewards" by Daniel Krawisz The SNI Mempool Crash Course in Bitcoin Political Economy Support the Show The Satoshi Nakamoto Institute is a 501(c)(3) nonprofit organization. Donate via Zaprite Connect Website: https://nakamotoinstitute.org X: https://x.com/NakamotoInst Nostr: https://primal.net/sni

Nostr Boost Stats

sats
1.9k
boosts
4
boosters
4

Nostr Community

Everyone who has boosted Episode 9 – Bitcoin's Compound Rewards on Nostr, ranked by sats sent, all time.

  1. Ryan 1.1k sats
  2. npub1m0gm4…7lad 350 sats
  3. btconboard #LNHANCE or #CTV 300 sats
  4. Subversion 121 sats
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Apr 4, 2025
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npub1m0gm4qa…Apr 7, 2025
350
npub1m0gm4qa…Apr 7, 2025
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Apr 1, 2025
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npub1m0gm4qa…Apr 2, 2025
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npub1m0gm4qa…Apr 2, 2025
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⚡️⚡️👍🏻👍🏻🔥🔥
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npub1m0gm4qa…Nov 9, 2025
250
SubversionNov 4, 2025
521
Awesome rip, love you guys 🙏🏼
100
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Apr 13, 2026
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SubversionApr 22, 2026
340
Top work gents ✌🏼
npub1m0gm4qa…Apr 15, 2026
250
100
Sparrow rules! Boost that before even listening.
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Sep 25, 2025
Nostr Boosts:M0690
SubversionSep 30, 2025
340
Starmer is a spineless cunt
npub1m0gm4qa…Sep 26, 2025
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Jan 7, 2026
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npub1m0gm4qa…Jan 16, 2026
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Jan 2, 2026
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npub1m0gm4qa…Jan 3, 2026
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Apr 30, 2025
Nostr Boosts:M0571
npub1m0gm4qa…May 4, 2025
350
SubversionMay 2, 2025
121
Appreciate you folks 🙏🏼
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npub1m0gm4qa…May 9, 2025
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Sep 14, 2026
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npub1m0gm4qa…Sep 16, 2026
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Demanding 600 Bitcoin after you stole all of someone’s money is utterly insane
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Bro WTF? Everything about their theft is uncommon compared to white hat. You can’t steal and then extort, that isn’t how white hat works. There’s an inherent power balance where you’re “negotiating” with your victim of whom you stole their money. If I break into your house and steal all your shit, will you feel all good if I offer to give most back?
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Jul 8, 2026
Nostr Boosts:M0550
100
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
100
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
npub1m0gm4qa…Jul 9, 2026
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Nostr Boosts:M0650
npub1m0gm4qa…May 18, 2025
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npub1m0gm4qa…Apr 27, 2025
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npub1m0gm4qa…Apr 27, 2025
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Apr 25, 2025
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npub1m0gm4qa…Apr 27, 2025
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Apr 23, 2025
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npub1m0gm4qa…Apr 25, 2025
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Apr 22, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 24, 2025
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Pre boost 👍🏻👍🏻
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Apr 16, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 19, 2025
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Nostr Boosts:M0650
npub1m0gm4qa…Apr 14, 2025
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Apr 11, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 12, 2025
350
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Payjoin is awesome and appreciated 🫡🫡
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npub1m0gm4qa…Apr 7, 2025
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Love Nifty bringing the positive vibes grounded in real BTC progress
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npub1m0gm4qa…Apr 1, 2025
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Sep 20, 2025
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SubversionSep 25, 2025
500
Awesome rip✌🏼
100
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Jul 2, 2025
Nostr Boosts:M0550
npub1m0gm4qa…Jul 13, 2025
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Love Cove and Praveen👍🏻
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Jul 4, 2025
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npub1m0gm4qa…Jul 9, 2025
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Jun 19, 2025
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npub1m0gm4qa…Jun 4, 2025
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