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Simply Bitcoin

Exposing China's Secret Bitcoin Plan | EP 1089

Aired Oct 3, 2024 · 59m · Last boosted Oct 5, 2024

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Show Notes

While everyone focused on the Yen Carry trade and China's massive money printing, something big flew under the radar. Did you catch the Cointelegraph article revealing China still dominates Bitcoin mining, despite their 2021 ban? That’s not the only shocker from Asia—Bhutan was exposed as the 4th largest Bitcoin holder, with a third of their GDP in Bitcoin after secretly mining for four years! For Simply Bitcoin fans, this isn’t news, but today we're bringing in the big guns: Adam Sullivan, CEO of Core Scientific, one of the top Bitcoin mining companies with a $3.16B market cap. Tune in for the deep dive! SPONSORS ► Bitcoin Well: https://bitcoinwell.com/simplybtc ► Passport by Foundation: https://foundation.xyz/simply ►Compass Mining https://compassmining.io ► Stamp Seed: https://www.stampseed.com PROMO CODE: SIMPLY for a 15% discount ► Orange Pill App: https://theorangepillapp.com/en FOLLOW US ► https://twitter.com/SimplyBitcoinTVhttps://twitter.com/bitvolthttps://twitter.com/Optimistfields ► Nostr: npub1vzjukpr2vrxqg2m9q3a996gpzx8qktg82vnl9jlxp7a9yawnwxfsqnx9gc JOIN OUR TELEGRAM, GIVE US A MEME TO REVIEW! ► https://t.me/SimplyBitcoinTV SUBSCRIBE TO OUR YOUTUBE ► https://bit.ly/3QbgqTQ SUPPORT US ► On-Chain: bc1qpm5j7wsnk46l2ukgpm7w3deesx2mdrzcgun6ms ► Lightning: simplybitcoin@walletofsatoshi.com #bitcoin #bitcoinnews #simplybitcoin DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact Simply Bitcoin.

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Nostr Community

Everyone who has boosted Exposing China's Secret Bitcoin Plan | EP 1089 on Nostr, ranked by sats sent, all time.

  1. Paul Allen 500 sats
  2. Wartime 333 sats
Other Episodes This Community Boosts Other shows' episodes boosted by people who boosted this episode
Sep 11, 2024
100: Hard R
Nostr Stats:2 boosters3 boosts
Nostr Boosts:5.3k
PaulAllenSep 13, 2024
1k
'Orange people' are about to become the new 'colored people'. This reminds me of something I heard Russell Means say some years back: "Welcome to the Reservation, we are all Indians now."
wartimeSep 13, 2024
3.3k
Just found this show. Bummer it's ending lol 🧡🍻
PaulAllenSep 12, 2024
1k
Re: Don't use the n-word in mixed company... Influential white folks should probably play it safe and assume Siri and Alexa (NSA) are non-white 🤣
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Nostr Boosts:4.1k
wartimeMar 18, 2026
133
🎯 help you bring ideas into reality That's one thing I've struggled with, I've got lots of good ideas but I need assistance and assistants 🤭 to help me move forward to completion
wartimeMar 18, 2026
133
What I would like to see more Nostr apps doing is hiding the fact that they are Nostr apps. Just obscure it away so normal people think it's a normal app, and not a power app. And let the features and usability make them a fan without them realizing it
wartimeMar 18, 2026
133
Custom scripts for everybody! 🥳🥳
wartimeMar 18, 2026
133
Ya there's definitely nothing wrong with waiting. 6 to 12 months from now it will be much more capable, and in order of magnitude easier to set up
wartimeMar 18, 2026
133
I've been setting up mine to automatically log conversations. I've been feeding it all of my notes and business ideas. Everything gets automatically cataloged into obsidian. That obsidian vault is included in the QMD database for vector memory search. My agents have excellent short and long-term memory with minimal token usage. To set it up right, you really need to spend quite a while setting it up - or buy the files from somewhere. I've been setting up going on 3 weeks. It has already made me more productive. Soon my calendar will be synchronized. Client leads with automatically be filtered and surfaced front and center to me. The more you use something like this, the more you will start to understand how you can compound little abilities on top of each other. One cron job can trigger a cascade of events and work. I have used simplistic bots for many years. I used to have one that would pay my child support for me. That ran with no issues for about 5 years before they updated the site and broke my bot. I used to use another one for automatically populating descriptions and titles for an online store. At that time, I was replacing an employee with a simple bot. These things have been providing real value for people, for longer than people assume. Again it all comes down to how you use it and what you're doing with it. 6 to 12 months from now the landscape will be much different. Right now it's very hard to set up correctly and easy to burn money if you don't know what you're doing. But soon a lot of these things will be ironed out and much more normal people will be able to get higher value from it. On top of that, every time the models get better or cheaper, that means you can also upgrade your system to be smarter or cheaper.
wartimeMar 18, 2026
133
I don't know who's spending $1,000 but you doing it wrong. I spent $15 in the past 3 weeks with more usage than I've ever had. It all depends on the model. But If they are also using it to do scraping and analyzing, it's not exactly simple work. And if you compare that to a human being doing the same work - that $1,000 is probably much cheaper than a human spending the time manually scraping and analyzing. I think I saw a graph recently saying that Claude opus outputs - in one prompt - between 5 and 15 hours of human work. Obviously that's not on every prompt, but that's pretty substantial even if it's expensive at a 30 cent API call, then maybe it's an extremely good deal. It's all very relative to what you're using it for and what your accomplishing in the end. Some of us have been playing with AI models for years already so we already know how to prompt better and we get better results. You've got to keep playing with different models - talk to them in different ways - and be explicit, try to remove ambiguity. And if you're having problems writing prompts - ask one AI to write a prompt for you to give to the other.. and that will often increase your chance of a one shot successful prompt
wartimeMar 18, 2026
3.3k
🍻
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Sep 16, 2024
Kill Mining, Kill Bill
Nostr Stats:2 boosters2 boosts
Nostr Boosts:4.3k
PaulAllenSep 25, 2024
1k
Thanks for lighting a fire under our butts with the BitAxe episode. It's like having a scratcher ticket that refreshes every ten minutes while motivating you to learn more about mining.
wartimeSep 17, 2024
3.3k
Vidya games!? You spent my sats on what!? 😂👌
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Sep 22, 2024
1697 - "neat-o"
Nostr Stats:2 boosters2 boosts
Nostr Boosts:4.3k
PaulAllenSep 23, 2024
1k
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wartimeSep 23, 2024
3.3k
Another banger, thank you for your service 🫡
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Nostr Boosts:6.7k
wartimeMar 3, 2026
3.3k
Banger 🧨🧨 Pure signal
wartimeMar 3, 2026
3.3k
🫡🍻
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Nostr Boosts:3.7k
wartimeApr 17, 2025
3.3k
Need part 2, great conversation 🧨
wartimeApr 17, 2025
333
There are still good women out there... Just snagged one... Alas I did not get a girlfriend this cycle... Moved her straight to wifey
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Nov 20, 2024
Nostr Boosts:3.7k
wartimeNov 21, 2024
3.3k
Congrats! 🎉🔥🧡
wartimeNov 21, 2024
333
Cool to hear you're expanding on Wavlake and Nostr 🔥
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Apr 10, 2025
Nostr Boosts:1.7k
wartimeApr 11, 2025
333
Scott Simon whistle clip cracks my shit up every time 😂🧨☠️
PaulAllenApr 11, 2025
1k
wartimeApr 11, 2025
333
The phone in the drawer art 😂😂😂☠️
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wartimeFeb 17, 2026
1.8k
Love this series, keep up the great work!🚀🧨
wartimeFeb 16, 2026
1.8k
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Oct 13, 2025
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wartimeOct 15, 2025
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More! ❤️‍🔥🧨🧨
wartimeOct 15, 2025
133
The North Sea nexus. Fuck the Brits, butt hurt bastards
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Aug 9, 2025
Nostr Boosts:2.4k
wartimeAug 12, 2025
133
I will make a correction - bitchat was mentioned. I overheard somebody asking somebody else if they want to try it. It sounded like a group of two or three people were going to try it at Lake Satoshi
wartimeAug 12, 2025
2.1k
Rev.Hodl da man, we need more people like him 🧨🧨🧨
wartimeAug 12, 2025
133
Karl is the real Rev 😏
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wartimeSep 26, 2024
333
🧡💪
PaulAllenSep 25, 2024
1k
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Sep 17, 2024
It's Tomek From Alby
Nostr Stats:2 boosters2 boosts
Nostr Boosts:1.3k
PaulAllenSep 17, 2024
1k
"Every time I show someone something it doesn't work". Tomek must be my brother from another mother lol
wartimeSep 17, 2024
333
🔥
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Dec 11, 2024
Nostr Boosts:2.5k
wartimeDec 15, 2024
2.1k
🎄🧡🔥🍻🌟
wartimeDec 11, 2024
333
I thought that sounded like AI. Not bad though!
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Oct 3, 2024
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wartimeOct 7, 2024
1.7k
🎉🎉🎉
wartimeOct 5, 2024
333
I heard Steve mention John on Security Now too. I had to lol
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Sep 16, 2024
Vile Bile
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PaulAllenSep 19, 2024
500
Is this that Mandela effect? Seems like we all remember the Reagan assassination attempt as happening a couple years after he took office but Wikipedia says it happened 3/30/81 like two months into his presidency.
PaulAllenSep 18, 2024
1k
Zelensky sounds like Tattoo from Fantasy Island? I was thinking Froggy from Little Rascals.
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Untitled episode
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wartimeSep 3, 2024
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wartimeSep 3, 2024
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Wow it's not every day you hear Back Orifice brought up 🔥🔥☠️🐄🔥🔥
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May 27, 2025
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PaulAllenMay 30, 2025
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KYRA'S MOM DIED IN 2003 AND HER DAD DIED IN 2018. KEVIN'S MOM DIED IN 1991 AND DAD DIED IN 2005. EXACTLY WHOSE PARENT'S SOCIAL SECURITY CHECKS IS SHE WORRIED ABOUT TRUMP CUTTING?!
PaulAllenMay 29, 2025
100
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Jan 5, 2025
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PaulAllenJan 10, 2025
100
Sounded almost like he called her "former CAA officer." Probably some overlap with both agencies.
PaulAllenJan 9, 2025
100
Every guy who comments on the video of the New Orleans terrorist's home mentioned the "reporter's" painted-on pants. Bubba's wheelwell LEDs are a distraction to fellow drivers but it's okay for chicks to walk down the street wearing these things 🤣
wartimeJan 6, 2025
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#Nostrudel shout out at the end 🔥
wartimeJan 6, 2025
333
ITM! 🍻
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May 12, 2025
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wartimeMay 13, 2025
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Ok I didn't realize the front end of OwnTracks will work in conjunction. That is pretty cool 🧨
wartimeMay 13, 2025
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Dawarich is brand new and for iOS only? Solid pass. Use OwnTracks for self-hosted location tracking.
wartimeMay 12, 2025
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wartimeMay 12, 2025
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You self-censor yourself on the word ass? That's extremely gay
wartimeMay 12, 2025
333
Leave your routers alone. People need those proxies. 😉
wartimeMay 12, 2025
333
EU can suck a dick and they will HFSP
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wartimeApr 16, 2025
333
Sorry for my hieroglyphics 😆 It's my way of being lazy, and saying "hello" 🧨 Isn't firecracker... Dye-no-mite https://c.tenor.com/9MLz1UBPxq0AAAAd/tenor.gif
wartimeApr 15, 2025
333
Phoenix was always still usable in the USA, using the APK, no VPN needed It was only removed from the Google app store in the United states. It was still available in Aurora, Github, Obtainium
wartimeApr 15, 2025
333
🧨🧨
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Nostr Boosts:999
wartimeMar 25, 2025
333
Obsidian is 🔥🔥
wartimeMar 25, 2025
333
Join the people on de-googled phones
wartimeMar 25, 2025
333
YahoooOoooooo
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Jan 8, 2025
Nostr Boosts:999
wartimeJan 8, 2025
333
Ftr btcpayserver has had payjoin for years - anyone with a btcpayserver should turn it on!
wartimeJan 8, 2025
333
I got a bunch of the original Jades for $20/ea New ones look good, old ones sucked
wartimeJan 8, 2025
333
LFG 🔥
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Nov 6, 2024
Nostr Boosts:833
PaulAllenNov 7, 2024
500
You mean Durov's phone number requirement hasn't prevented Telegram groups from becoming a scammer's paradise? /s
wartimeNov 6, 2024
333
RIP 😢
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Aug 31, 2024
Nostr Boosts:803
PaulAllenSep 6, 2024
470
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wartimeSep 1, 2024
333
🔥🍻
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Sep 9, 2024
Nostr Boosts:773
PaulAllenSep 10, 2024
440
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wartimeSep 9, 2024
333
Mama Mia! 👀🔥
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Oct 2, 2024
Leak Like a Sieve
Nostr Stats:2 boosters2 boosts
Nostr Boosts:738
wartimeOct 3, 2024
333
Ooh Nostur sounds good I'll check it out. I miss Twitter Spaces a lot and have eagerly waiting for an app with built-in nests 🔥
PaulAllenOct 3, 2024
405
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Sep 30, 2024
Don't Pass the Howey Test
Nostr Stats:2 boosters2 boosts
Nostr Boosts:723
PaulAllenOct 1, 2024
390
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wartimeOct 1, 2024
333
Ty sir
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 333 via Fountain
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