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Description Michael Goldstein and Pierre Rochard discuss Daniel Krawisz's 2013 article "The Problem with Altcoins." Featuring Michael Goldstein: https://x.com/bitstein Pierre Rochard: https://x.com/BitcoinPierre Links & Resources "The Problem with Altcoins" by Daniel Krawisz Historical altcoin chart (08/22/2013) BIP 0050 "A complete history of Bitcoin’s consensus forks – 2022 Update" by BitMEX Research 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/Naka...
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Nostr Community
Everyone who has boosted Episode 11 – The Problem with Altcoins on Nostr, ranked by sats sent, all time.
- npub1m0gm4…7lad 350 sats
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btconboard #LNHANCE or #CTV
300 sats
Other Episodes This Community Boosts Other shows' episodes boosted by people who boosted this episode
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npub1m0gm4qa…Apr 7, 2025
350 npub1m0gm4qa…Apr 7, 2025
350 btconboard #LNHANCE or #CTVApr 5, 2025
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npub1m0gm4qa…Apr 2, 2025
350 npub1m0gm4qa…Apr 2, 2025
350 btconboard #LNHANCE or #CTVApr 1, 2025
300 ⚡️⚡️👍🏻👍🏻🔥🔥
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npub1m0gm4qa…Jan 16, 2026
250 npub1m0gm4qa…Jan 15, 2026
250 btconboard #LNHANCE or #CTVJan 7, 2026
100 👍🏻
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npub1m0gm4qa…Jan 3, 2026
250 npub1m0gm4qa…Jan 3, 2026
250 btconboard #LNHANCE or #CTVJan 2, 2026
100 👍🏻👍🏻👍🏻
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npub1m0gm4qa…Sep 16, 2026
250 btconboard #LNHANCE or #CTVSep 14, 2026
100 Demanding 600 Bitcoin after you stole all of someone’s money is utterly insane
btconboard #LNHANCE or #CTVSep 14, 2026
100 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?
btconboard #LNHANCE or #CTVSep 14, 2026
100 👍🏻🫡
Nostr Boosts:M0550
btconboard #LNHANCE or #CTVJul 9, 2026
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.
btconboard #LNHANCE or #CTVJul 9, 2026
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
250 btconboard #LNHANCE or #CTVJul 8, 2026
100 👍🏻🫡👍🏻
May 17, 2025
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npub1m0gm4qa…Apr 24, 2025
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Apr 2, 2025
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npub1m0gm4qa…Apr 21, 2025
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npub1m0gm4qa…Apr 12, 2025
350 btconboard #LNHANCE or #CTVApr 11, 2025
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npub1m0gm4qa…Apr 7, 2025
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Mar 31, 2025
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npub1m0gm4qa…Jul 13, 2025
250 btconboard #LNHANCE or #CTVJul 2, 2025
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Jun 2, 2025
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npub1m0gm4qa…Jun 2, 2025
250 btconboard #LNHANCE or #CTVJun 1, 2025
300 Seedless is safer is an attack on Bitcoin. Bitkey makes totally reasonable tradeoffs for noobs with modest stacks. But this is dishonest marketing at best.
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