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Coin Stories with Natalie Brunell
Bitcoin Mechanic: Is Bitcoin Too Centralized? Mining Pools & Freedom Money vs State Surveilled SoV
By Natalie Brunell
Aired Sep 10, 2024 · 1h 0m · Last boosted Sep 19, 2024
Chapters
Show Notes
In this conversation with Ocean Mining's Bitcoin Mechanic, we discuss: Bitcoin Mechanic - From Occupy Wall Street to Finding Bitcoin Is Bitcoin too centralized? Censorship in Bitcoin? Mining pools and 51% attacks Mechanics of Bitcoin mining pools Can you attack the internet and thus attack Bitcoin? Freedom money in a surveillance state? ---- Bio: Bitcoin Mechanic is a Bitcoin educator and serves on the team at Ocean Mining. Follow him on X at: https://x.com/GrassFedBitcoin ---- Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in B...
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Nostr Community
Everyone who has boosted Bitcoin Mechanic: Is Bitcoin Too Centralized? Mining Pools & Freedom Money vs State Surve… on Nostr, ranked by sats sent, all time.
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1k sats
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B
500 sats
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pythonx613bash 500 sats
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Rog @ SC Bitcoin ⚡UK
500 sats
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Jay Stratton
500 sats
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btconboard #LNHANCE or #CTV
500 sats
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VampireMJ
100 sats
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RodHC ⚡️
100 sats
- sebnow 100 sats
Other Episodes This Community Boosts Other shows' episodes boosted by people who boosted this episode
Aug 30, 2024
Nostr Boosts:2.8k
BGlassSep 2, 2024
500 👍
Jay StrattonSep 1, 2024
2.1k Awesome first episode Guy. Already looking forward to the next Roundtable!
btconboard #LNHANCE or #CTVSep 1, 2024
200 this shit was hilarious and informative 🫡🤣
Oct 17, 2024
Nostr Boosts:2k
BGlassOct 20, 2024
500 🫡
btconboard #LNHANCE or #CTVOct 18, 2024
500 ⚡️⚡️👍🏻
helveticaOct 18, 2024
1k 100% agreed you need both Medium of Exchange and Store of Value. The Bitcoin that are held by ETF custodian lose the MoE function. We gotta educate people as so many are considering moving their coins to ETF because “self custody is hard”. That would destroy Bitcoin’s value. SoV cannot existing alone.
Sep 5, 2024
Nostr Boosts:2k
BGlassSep 9, 2024
500 👍
Jay StrattonSep 6, 2024
1k Can you stop recommending Primal? They lack the ethos in my opinion that Nostr community is about. They ask for KYC type info to use their built-in wallet, and they don't support using Amber and instead require you to trust them with your nsec.
btconboard #LNHANCE or #CTVSep 5, 2024
500 ⚡️⚡️⚡️🫡👍🏻
Bitcoin will fail because they’ll ban the apps, oh no!!?1?
Nostr Boosts:1.1k
btconboard #LNHANCE or #CTVOct 30, 2024
500 ⚡️⚡️
BGlassOct 30, 2024
500 👍
VampireMJOct 29, 2024
100 I love this episode. I like point of view on the use of credit cards. 🤔
I agree that VISA/Mastercard aren't FIAT. It's simply a service that uses FIAT measuring stick.
#bitcoin
Sep 8, 2024
Nostr Boosts:1.1k
Rog @ SC Bitcoin ⚡UKSep 13, 2024
500 Developments explained which most bitcoiners don't understand, but gain second hand opinions on X.
Brilliant episode.
btconboard #LNHANCE or #CTVSep 10, 2024
500 ⚡️🫡👍🏻
VampireMJSep 8, 2024
100 This an important topic for people like me. I'm wondering why we need development when #bitcoin
protocol works just fine.
Nostr Boosts:1.2k
Oct 11, 2024
Nostr Boosts:2.6k
BGlassOct 17, 2024
500 🫡
Jay StrattonOct 14, 2024
2.1k Amazing chat! Love everything you're doing to help those affected in NC @npub1h8nk2346q…
Nostr Boosts:2.5k
btconboard #LNHANCE or #CTVSep 16, 2024
400 🫡🫡👍🏻⚡️
Jay StrattonSep 13, 2024
2.1k Loved this read! I really want to hear about your Nunchuck setup though, as I'm interested in taking the plunge into multi-sig
Feb 26, 2024
Nostr Boosts:2.2k
Jay StrattonSep 8, 2024
2.1k Love what @npub12rv5lskct… is doing! Great episode!
VampireMJSep 8, 2024
100 I love #eCash
. It's well explained in this podcast. #bitcoin
#Lightning
Oct 8, 2024
Nostr Boosts:1.5k
BGlassOct 17, 2024
500 🫡
btconboard #LNHANCE or #CTVOct 8, 2024
1k Seeing Assange free is the greatest win of 2024
Nostr Boosts:1.5k
Jul 31, 2025
Nostr Boosts:1.4k
May 14, 2025
Nostr Boosts:1.3k
helveticaJun 20, 2025
1k Sorry Paul is pretty delusional with his “Lightning story”, constantly defers to authority, this dev, that engineer… all he talks about is how someone else doesn’t like Lightning and has a bad comment, years ago. While in reality we are using it on a daily basis.
Also what other shitcoin would work for 8 billion people today? Strawman.
btconboard #LNHANCE or #CTVJun 19, 2025
300 👍🏻👍🏻
Apr 16, 2025
Nostr Boosts:1.3k
Oct 28, 2024
Nostr Boosts:1k
Rog @ SC Bitcoin ⚡UKOct 29, 2024
500 Full disclosure: I'm an early boomer.
Getting involved with the bitcoin scene, say 4 years ago, I was blown away by the amazing people and their insights which resonated with me.
I've gradually realised that they are mostly f*kn ret*rd sheep who blindly follow the latest crappy influencers. We've all been there!
Now it's your podcast and your guest who are resonating.
Thank you!
btconboard #LNHANCE or #CTVOct 28, 2024
500 Here’s to being unreasonable
Nostr Boosts:1k
Oct 25, 2024
Nostr Boosts:1k
Nostr Boosts:1k
Oct 4, 2024
Nostr Boosts:1k
btconboard #LNHANCE or #CTVOct 8, 2024
500 ⚡️⚡️
Rog @ SC Bitcoin ⚡UKOct 6, 2024
500 All super important stuff. But the Elon derangement is big. Twitter under Jack D invited all the three letter acronym agencies in, to censor and surveil. Now he's a hero.
The current model of single super-powerful owner is very bad long term, obviously. But it's better in the short term.
Nostr Boosts:1k
Nostr Boosts:1k
BGlassOct 8, 2024
500 👍
btconboard #LNHANCE or #CTVSep 27, 2024
500 Custodians are just future rugs that haven’t happened yet
Oct 4, 2024
Nostr Boosts:1k
btconboard #LNHANCE or #CTVOct 7, 2024
500 👍🏻⚡️⚡️
Rog @ SC Bitcoin ⚡UKOct 6, 2024
500 The best thing about this show? Max's proper English voice. Not Mockney, not Brummie, not Yorkshire, not Liddypoool. Just proper English, like my own.
Forget privacy, self sovereignty and other boring crap. Just say absolutely anything, but in a proper non-yankee voice.
It's not an accent. It's the bitcoin of voices.
Sep 25, 2024
Nostr Boosts:1k
BGlassSep 25, 2024
500 👍
btconboard #LNHANCE or #CTVSep 25, 2024
500 Regulation is designed to kill small businesses, protect large businesses, and destroy innovation. This is the direct goal of government bureaucrats.
Nostr Boosts:1k
BGlassSep 20, 2024
500 👍
btconboard #LNHANCE or #CTVSep 20, 2024
500 Don’t sleep on Liana
Sep 12, 2024
Nostr Boosts:1k
btconboard #LNHANCE or #CTVSep 17, 2024
500 ⚡️⚡️⚡️👍🏻👍🏻🫡🔥
Rog @ SC Bitcoin ⚡UKSep 16, 2024
500 Who cares about freedom from censorship!
Andy does! And he's a great communicator!
Nostr Boosts:1k
May 6, 2026
Nostr Boosts:700
Rog @ SC Bitcoin ⚡UKMay 10, 2026
500 I'm just upset, as an elderly super-boomer, that there is so little I understand. Lots of interesting stuff in here though.
btconboard #LNHANCE or #CTVMay 6, 2026
100 easy for Bitkey to not show seeds by default, but allow you to access them behind a scary advanced user don’t give this to anyone for any reason warning. Just refusing to provide any seed access at all is disappointing.
btconboard #LNHANCE or #CTVMay 6, 2026
100 👍🏻🫡
Nostr Boosts:700
helveticaNov 15, 2025
500 I hear many prominent / high profile bitcoiners keep saying the reason they oppose Luke’s reasoning is because “filters don’t work” “it’s not easy” “I’m as opposed to jpeg as much as anyone, but there is no solution”.
Now this potential soft fork is a solution. Do you still want jpeg and garbage on chain, or do you not? I think the true colour of many people will show just by looking at which way they lean.
btconboard #LNHANCE or #CTVNov 14, 2025
100 I use Liana Taproot miniscript and it’s awesome. Great wallet for inheritance.
btconboard #LNHANCE or #CTVNov 14, 2025
100 
Dec 27, 2024
Nostr Boosts:800
Episode Boosts
Every boost sent to this episode, as published to Nostr, newest first.
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Awesome discussion of privacy. Are most of us sleepwalking into a privacy-compromised centrally controlled bitcoin world? Answer: yes☹️
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Always love listening to Mechanic. He brings the hard truth we need to here!
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Interesting insight into the decentralization of Bitcoin
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Thanks for having Mechanic on.
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Great episode. 👌⚡️
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Awesome channel. 👌 and granting
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If incentives alone aren't enough, #bitcoin was doomed to fail from day 1. That said, I strongly believe in bitcoin incentives. #BitcoinMining
