Blockspace: AI & Bitcoin

FILL OUT THE SURVEY BY CLICKING HERE: https://forms.gle/DFpR9MyhWo1NQ8T39 Charlie and Colin dive deep into investigative journalism that reveals the US government's Bitcoin holdings are far more complex than anyone realized. After a $10K bounty led to a FOIA request, we discovered the US Marshals Service holds just 29,000 Bitcoin - not the 200,000 widely reported. We explore seized vs forfeited assets, government custody practices, and why Senator Lummis got it wrong. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** • US Marshals hold 29,000 Bitcoin worth $3.4B • Arkham shows 198,000 Bitcoin for US government • US sold 195,000 Bitcoin for $366.5M total • Bitfinex hack involved 94,000 seized Bitcoin • Government peak holdings: 237K Bitcoin (2022) • $10K bounty offered for Marshal data Timestamps: 00:00 Start 00:47 Lola investigates 05:27 29k BTC 11:03 Politicians enter the chat 17:47 Government custody providers - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

FILL OUT THE SURVEY BY CLICKING HERE: https://forms.gle/DFpR9MyhWo1NQ8T39 Charlie and Colin dive deep into Bitcoin's explosive run past $122,000, analyzing what's driving the rally and how high it could go. They break down predictions from Peter Brandt ($150K), Bob Lucas ($175K), and the wild $400K call from Udi. Plus: why boomer ETF flows might be the secret sauce, the Mayer Multiple indicator, and whether we're in for a supercycle. Subscribe to the newsletter! https://newsletter.blockspacemedia.com NOTES: • Bitcoin hit $122K all-time high over weekend • Market cap exceeds $2.4 trillion, flips Amazon • Mayer Multiple at 1.12, well below 2.4 threshold • iShares Bitcoin ETF trades at $67 per share • DXY down 10.7% in 2025, worst since 80s • Gold market cap at $22.3 trillion (10x Bitcoin) Timestamps: 00:00 Start 03:00 Bitcoin marketcap flips Amazon & Google 08:25 Mayer Multiple (it's back baby!) 10:27 Analyst: Peter Brandt (parabolic advance) 13:54 Analyst: Bob Lucas (4 yr cycle) 25:19 Analyst: Udi (just vibes man) - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

FILL OUT THE SURVEY BY CLICKING HERE: https://forms.gle/DFpR9MyhWo1NQ8T39 Charlie and Colin dive deep into the $8 billion Bitcoin whale awakening from 2011, conspiracy theories around legal notices, and the dramatic fallout between Elon Musk and Trump. Plus, Bitcoin smashes through $113K as markets defy doomsday predictions. Subscribe to the newsletter! https://newsletter.blockspacemedia.com NOTES: • 80,000 Bitcoin moved worth $8.1 billion • Bitcoin hits new all-time high at $113K • Funds dormant since 2011 - 13+ years • Elon announces America Party with Bitcoin focus • Markets shed 15% earlier this year • $150B in government waste cuts achieved Timestamps 00:00 Start 00:52 80k BTC moved 06:03 Message in transaction 16:21 Elon forms political party 22:29 BTC @ $113k 28:28 WW3 with Iran - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Gwart joins us to talk about the collapse of crypto's "public goods" era and why the revenue meta is taking over. We dive deep into the fat protocol thesis, why DAOs failed, the difference between Bitcoin and crypto, and how builders are finally focusing on sustainable businesses instead of token hacking. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **NOTES:** • Pump.fun crossed hundreds of millions in revenue • Fat protocol thesis originated 2016-2017 • iPhone example: $1,000 vs theoretical $10,000 • Uniswap has fee switch but hasn't turned it on • Thread guy has 5% Bitcoin portfolio allocation • Bitcoin could 10x in next five years Timestamps: 00:00 Start 01:59 Bitcoin vs Crypto 06:08 What does Gwart "believe" in? 08:33 Revenue Meta & Fat Protocol Thesis 13:36 Interpreting the Fat Protocol Thesis 19:25 Analogies to Linux, etc 27:18 Is the DAO dead? 31:27 Devs 37:35 Creators of the Revenue delusion 40:46 Are stonks the new tokens? 45:01 Solana maxi 50:22 Real World Assets ;P 53:10 Minting new BTC maxis - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Colin and Charlie dive deep into the Nakamoto Project's groundbreaking survey revealing what the average American really thinks about Bitcoin. From surprising ownership demographics to political shifts and moral foundations, this data challenges everything you think you know about who owns Bitcoin and why. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** • 48 million Americans own Bitcoin (18.6% surveyed) • 11 million hold their own keys (4.21%) • Hispanic/Latino ownership leads at 24.2% • 58.8% keep Bitcoin on exchanges • Political shift right since 2024 • 4 in 5 support gold-to-Bitcoin conversion Timestamps: 00:00 Start 02:14 Highlights 05:12 Who holds Bitcoin? 08:35 How do people hold Bitcoin? 12:02 Ethnicity of Bitcoin holders 16:32 Politics 20:38 Changes in ownership from 2024 22:22 Sentiment 27:26 Moral Foundations 39:00 Crypto Reserve 43:12 Policy **SEARCH OPTIMIZATION** Bitcoin, cryptocurrency, survey, demographics, ownership, Americans, politics, morality, Nakamoto Project, self-custody, exchanges, ETF, Hispanic, Latino, conservative, liberal, moral foundations, strategic reserve, gold conversion, Troy Cross, blockchain, digital assets **POSTS FOR X (TWITTER)** • "Bitcoin ownership was not skewed conservative" - last year's finding completely flipped as Trump embraced crypto @troybcross • "Bitcoin Twitter are not real life. They are a facsimile of real life, distorted and misleading" - harsh but fair reality check • "48 million Americans own Bitcoin... I'm kind of curious where all those people are" - the invisible majority problem • "Maybe white people are just looking to fill a void in their lives, so we make it a part of our personality" - brutal self-reflection • "Most people are kind of normal, rational people in that they just don't care" - about strategic Bitcoin reserves • "The average person has trouble distinguishing between Bitcoin and crypto" - education gap remains massive • "People who own Bitcoin overwhelmingly trust, know, consider high utility and consider Bitcoin good" - correlation confirmed • "Liberty as the basis for moral foundation" - strongest predictor of Bitcoin ownership according to new data **CHAPTERS CREATED BY AI (CHECK FOR ACCURACY)** 00:00 Start 00:45 Nakamoto Project Report 02:43 48M Americans Own Bitcoin 05:29 Bitcoin Storage Methods 08:36 Demographics Breakdown 12:22 Race & Ownership Rates 17:00 Political Shifts in 2025 20:39 Trump Effect Analysis 24:34 Sentiment & Attitudes 27:57 Moral Foundations 34:21 Trust & Perception 39:04 Strategic Reserve Policy 45:46 Gold Conversion Rates Learn more about your ad choices. Visit megaphone.fm/adchoices

Casey Rodarmor, creator of Bitcoin Ordinals and Runes protocols, joins us to talk about his frustration with Bitcoin politics, why he thinks Bitcoiners are becoming too cozy with politicians, the future of ordinals and runes adoption, his thoughts on stablecoins, and his fascinating new project to integrate Chinese numerology and divination systems into Bitcoin through SAT-based fortune telling. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **NOTES:** • Bitcoin currently trading at $110,000 • Runes has built-in 4-year hype cycle for names • One-letter rune names unlock in final phase • Casey blames lack of creativity for runes adoption • Stablecoins expand dollar demand globally • Chinese numerology integration planned for ordinals Timestamps: 00:00 Start 00:55 Tired of Ordinals & Runes? 03:25 Bitcoin is feeling weird 06:41 Politicians 10:02 Arch Network 10:34 Bitcoin & politics 12:02 Stablecoins 14:02 Hell Money Podcast 15:20 Numerology 22:04 Vaporware? 23:35 Interesting stuff right now - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com Welcome back to Bitcoin Season 2! Today, Charlie and Colin break down Michael Saylor's Bitcoin Prague keynote where he tells people to leverage it all for bitcoin - including borrowing from family members (what could go wrong?). Plus, the FHFA’s directive ordering Fannie Mae and Freddie Mac to recognize crypto as legitimate assets for mortgages, a new Bitcoin stablecoin launch, and the weird on-chain "clocking in" game that's creating the only regular fees on Bitcoin right now. NOTES: • Bitcoin trading at $107,000-$108,000 • Michael Saylor’s BTC Prague Keynote: Debt for BTC • FHFA order for recognition of crypto as an asset for mortgages • Transaction fees only 2 sats per byte   • Tether market cap at $157 billion • Crypto market cap over $3 trillion total • Bitcoin market cap over $2 trillion • People clocking in 30+ days straight Timestamps: 00:00 Start 02:10 Saylor says leverage = good 11:37 Bill Putle BTC as loan backing 20:18 Stablecoins on BTC 29:16 Make sure you clock in! - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 16,000 Bitcoiners: https://newsletter.blockspacemedia.com Welcome back to Bitcoin Season 2! Today, @0xBunzy, Bitcoin developer and creator of foundational tools, joins us to talk about Laser Eyes, the open source wallet connection library that's become essential infrastructure; Beat Blocks, an inscription tool for putting music on Bitcoin’s blockchain; and why Bitcoin's constraints spark the most creative innovations in art and developer tooling. NOTES: • Opus codec compresses 40% smaller than MP3 • Multiple major apps now use Laser Eyes • npm installs track Bitcoin dev growth • Beat Blocks uses recursive inscriptions • P5 library enables high-quality visuals • Bitcoin friction creates better art Timestamps: 00:00 Start 01:11 How does Bunzy explain his job? 02:49 Laser Eyes 06:39 Modulat wallet construction 08:39 Beat Blocks 14:24 Browser UI experience 16:41 Art on Bitcoin as culture 20:32 Wrap up 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Welcome back to Bitcoin Season 2! Today, Colin and Charlie talk about the explosive growth of Bitcoin treasury companies and their financial engineering strategies. They break down Strategy's convertible debt playbook, examine why these companies trade at premiums to their Bitcoin holdings, and debate whether this trend is sustainable or an elaborate house of cards waiting to collapse. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** • MicroStrategy holds 592,100 Bitcoin • Q1 2025 revenue: $111 million  • Convertible notes have 0-1% interest rates • Bitcoin needs to drop way low for liquidation • Preferred shares pay 8-10% dividends • Annual obligations: $10-20 billion Timestamps: 00:00 Start 02:59 Strategy (formerly micro) 10:42 Types of companies 15:13 Preferred stock 24:57 Closed end fund dynamics - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media Learn more about your ad choices. Visit megaphone.fm/adchoices

Jeremy Rubin joins us to talk about his secretive Miami Bitcoin office building Polybeam bridge and a Bitcoin staking platform, his controversial ideas for redesigning Bitcoin script entirely using RISC-V instead of the current "crappy programming language," his CTV endorsement process and why CAT proposals fell short, plus his theory on optimal soft fork activation timing to avoid holidays and summer vacations. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • Building Bitcoin staking platform into core client • Polybeam bridge connects Bitcoin to StarkNet • CTV endorsement process received few submissions • Recommends 10 megabytes memory for new script • Early November best time for soft fork activation • In-person work more effective than remote Timestamps: 00:00 Start 01:47 Working from home 03:17 Jeremy's secret project 04:25 Polybeam 05:35 Char & Bitcoin staking 07:19 Staking within the client 10:05 Whiteboarding at OP_NEXT 11:54 64 byte transactions 22:12 Redesigning bitcoin script 28:52 Drama & Kanye 30:55 CTV 37:34 Softfork activation (the human version) 46:01 Best day of life - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Learn more about your ad choices. Visit megaphone.fm/adchoices