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Why are Bitcoin miners suddenly at the center of the AI infrastructure boom? Fred Thiel, CEO of MARA, explains "mullet data centers" — AI in the front, Bitcoin mining in the back — and why power is the bottom layer of Jensen Huang's AI pyramid. He details MARA's joint venture with Starwood, load-balancing technology that follows wind power in real time, and lessons from Bitcoin mining that now apply to hyperscale data centers. 🔶 Host: Spencer Nichols — Bitcoin Magazine 🔶 Fred Thiel — CEO of MARAChapters: 01:38 — Bitcoin at $63K: Macro Correlation & Where Price Goes From Here05:24 — Kevin Warsh's Fed, Inflation & AI's Impact on the Economy09:04 — $600B+ in AI Capex: Jobs, Productivity & the Trillion-Dollar Buildout12:20 — The AI Energy Bottleneck: Why Power Beats Chips17:40 — Mullet Data Centers: Bitcoin Mining Until the AI Comes Online24:01 — Data Centers & Communities: ESG Lessons From Bitcoin Mining28:43 — AI Agents, Pathology & Why Humans Are the Blocking Factor33:38 — Bitcoin as Digital Gold: Inflation, Deflation & Stablecoins40:04 — The Quantum Threat to Bitcoin Wallets & What's Next for MARA#Bitcoin #BitcoinMining #FredThiel #MARA #MarathonDigital #AIDataCenters #ArtificialIntelligence #AIInfrastructure #EnergyDemand #DataCenters #QuantumComputing #PostQuantum #BitcoinSecurity #DigitalGold #Stablecoins #AIAgents #BitcoinPrice #Macro #Inflation #FederalReserve #BitcoinMagazine #BitcoinPodcast #EnergyMarkets #GridPower #Hyperscalers #DataSovereignty #BitcoinNews #BTCDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Armin Sabouri recently demonstrated how wallet fingerprints can be used to decompose payjoin transactions and recover payment amounts, and in this episode he explains what that means for privacy tools across the board. Shinobi and Armin discuss why standardization efforts like BIP 69 backfired, whether randomization can help, and how wallets can stop standing out on-chain. Grab your copy THE 2036 ISSUE👇https://store.bitcoinmagazine.com/pages/the-2036-issue🔶 Shinobi — Bitcoin Magazine🔶 Armin Sabouri — Payjoin Dev Kit contributorChapters: 01:08 Why Build a Dev Kit Instead of a Special-Purpose Privacy Wallet02:25 What Is Payjoin? How It Differs from Coinjoin02:54 How Chain Analysis Works: The Common Input Heuristic Explained04:10 Payjoin's Limitations: Counterparty Privacy Trade-Offs04:40 Wallet Fingerprints: The Attack That Deanonymizes Payjoins06:58 Building Open-Source Chain Analysis to Fight Chainalysis08:16 From Payjoin to Multi-Party Coinjoins: The NS1R Design10:14 Intersection Attacks and Measuring Privacy Across the Transaction Graph13:20 Roadmap: A Dozen New Wallet Integrations and Privacy Research Ahead#Bitcoin #BitcoinPrivacy #Payjoin #PayjoinDevKit #Coinjoin #ChainAnalysis #WalletFingerprints #BitcoinDevelopment #BitcoinConference #BitcoinMagazine #ArminSabouri #Shinobi #Spiral #OpenSats #CakeWallet #BullBitcoin #OpenSource #BitcoinWallets #PrivacyTech #BitcoinResearch #BIP77 #CounterpartyPrivacy #TransactionGraph #BitcoinDev #PrivacyByDefaultDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

AI is officially a national security issue and Washington is moving fast. The Bitcoin Policy Institute's Zack Cohen, Zack Shapiro, and Ken Egan break down Palantir and Nvidia's sovereign on-prem AI architecture, OpenAI's government-coordinated 5.6 rollout, and reports that Beijing may curb exports of China's top AI models. Then Zack Shapiro lays out his highest-conviction thesis: the biggest AI fortune won't be made by frontier labs, but by the people who help industry actually absorb the technology. Plus, a major CLARITY Act update as law enforcement opposition softens on Capitol Hill.🔶 Connect with Zack Shapiro on X: https://x.com/zackbshapiro🔶 Connect with Zack Cohen on X: https://x.com/zackcohen_🔶 Connect with Ken Egan on X: https://x.com/Bayman11771🔶 Learn more about the Bitcoin Policy Institute: https://www.btcpolicy.org/Chapters: 00:48 - Freedom Tech DC: Inside BPI's 2026 Summit & Mellon Auditorium Gala05:43 - Palantir & Nvidia's Sovereign AI: Is the Future of AI On-Prem?09:27 - David Sacks, Vendor Lock-In & the Case Against Frontier Lab Dependence13:52 - Zack Shapiro's AI Absorption Thesis: The McKinsey of the AI Age20:35 - From Refrigeration to Coca-Cola: Why AI Will Break the Billable Hour28:14 - Morgan Stanley's Data: 40% of AI Adopters Are Seeing Real Benefits30:09 - Will AI Agents Read Everything for Us? The Future of Content36:43 - OpenAI 5.6, Government Gatekeeping & China's AI Export Curbs50:50 - Anthropic's J-Space, AI Consciousness & a CLARITY Act Breakthrough#Bitcoin #BitcoinPolicy #BitcoinPolicyHour #BitcoinPolicyInstitute #BPI #AI #ArtificialIntelligence #Palantir #Nvidia #OpenAI #Anthropic #Claude #SovereignAI #OnPremAI #AISafety #AIRegulation #AIConsciousness #Interpretability #CLARITYAct #BRCA #BitcoinRegulation #NationalSecurity #OpenSourceAI #ChinaAI #ExportControls #BigLaw #BillableHour #ChangeManagement #FreedomTech #FreedomTechDC #WashingtonDC #BitcoinMagazine #BitcoinConference #TechPolicy #AlexKarp #FrontierModelsDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Quantum computing timelines are shrinking faster than most Bitcoiners realize and the latest Google research just made the attack 20x easier. Shinobi sits down with Ethan Heilman, research fellow at MIT's DCI lab, to separate quantum panic from quantum reality. They cover Q-day timelines, why algorithmic breakthroughs are the scariest threat, and how BIP 360 and post-quantum signatures could protect the network. Grab your copy THE 2036 ISSUE👇https://store.bitcoinmagazine.com/pages/the-2036-issue🔶 Shinobi — Bitcoin Magazine🔶 Ethan Heilman — Research Fellow, DCI (Digital Currency Initiative) Lab at MITChapters: 2:12 – Why Algorithmic Breakthroughs Are Scarier Than Hardware Progress3:36 – Google's Quantum Paper & Neutral Atom Computers Explained5:10 – Quantum Labs Going Dark: The End of Public Warnings6:36 – Nation-States, US Law & Who Would Actually Attack Bitcoin10:14 – BIP 360, Hunter Beast & the Post-Quantum Solution Roadmap13:24 – Long-Range vs Short-Range Risk: Why 80% of Bitcoin Is Exposed15:21 – Doomsday Scenarios & How Large Holders Can Protect Their Coins18:45 – Giant Signatures, Block Space Fears & Final Takeaways #Bitcoin #QuantumComputing #BitcoinSecurity #QuantumComputers #PostQuantum #EthanHeilman #MITDCI #BIP360 #BitcoinMagazine #BitcoinConference #QDay #Cryptography #PostQuantumCryptography #BitcoinDevelopers #Qubits #GoogleQuantum #Taproot #SchnorrSignatures #BitcoinProtocol #QuantumThreat #BitcoinNews #BitcoinPodcast #DigitalCurrencyInitiative #BitcoinTech #QuantumSecurity #HashBasedSignatures #BitcoinSoftForkDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

"They're funding institutional businesses with lower interest rates by stealing from retail and they don't want you to know this." BitGo CEO Mike Belshe criticizes the traditional banking system in this episode of the Bitcoin Magazine Podcast. He explains why depositors earn 0% while the risk-free rate sits near 4%, how bank failures like SVB keep happening, and why stablecoins and reserve banks offer a safer path forward. Plus: his response to Elizabeth Warren's attack on OCC trust charters. 🔶 Host: Spencer Nichols — Bitcoin Magazine 🔶 Mike Belshe — CEO, CTO & Co-Founder of BitGoChapters: 01:22 Bitcoin Treasury Volatility & Symposium Takeaways07:29 Quantum Computing: The Hidden Institutional Blocker10:12 Stablecoin Adoption, the GENIUS Act & BitGo's Bank Charter16:24 The Battle Over Stablecoin Yield & Regulatory Capture20:20 Elizabeth Warren, Reserve Banks & the SVB Collapse25:38 The K-Shaped Economy: Who Banks Really Serve29:55 A New Banking Model: Stablecoin Deposits & Lending Marketplaces35:47 Tokenized Equities: The SEC, DTCC & a $70 Trillion Opportunity45:05 Open vs Closed Networks: China, Sanctions & Bitcoin Sovereignty#Bitcoin #BitGo #MikeBelshe #BitcoinMagazine #Stablecoins #GeniusAct #ClarityAct #TokenizedEquities #Tokenization #DigitalAssets #InstitutionalAdoption #BitcoinTreasury #QuantumComputing #Banking #BankingSystem #Finance #CapitalMarkets #SEC #Regulation #Tether #USDollar #MonetaryPolicy #Macro #BitcoinPodcast #SoundMoney #FinancialFreedom #Fintech #Payments #MichaelSaylor #DTCCDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

"If you don't think you can beat Bitcoin, you should just buy Bitcoin." That's the philosophy powering Strive's rise to a top-10 corporate Bitcoin holder. CEO Matt Cole joins us backstage to unpack Bitcoin as the hurdle rate, the economics of digital credit, and why Bitcoin treasury companies are entering a period of consolidation with only a few dozen winners. He also shares the most wrong he's ever been about Bitcoin and it's not what you'd expect. Use code BM10 to get 10% off Bitcoin 2027 Conference in Nashville: https://2027.b.tc🔶 Host: Isabella Santos — Get Based🔶 Matt Cole — Strive Chapters: 02:20 Acquiring Semler Scientific: How Bitcoin Treasury Companies Grow05:11 Red Flags Inside the Fed: QE, Goldman Sachs & the Treasury08:08 "Bitcoin Is the Hurdle Rate" — Strive's Corporate Strategy Explained10:19 Why Meta & Mark Zuckerberg Need Bitcoin on the Balance Sheet13:37 How Many Public Companies Will Hold Bitcoin Next Year15:15 What Happens If Bitcoin Hits $1 Million16:59 Orange-Pilling Washington DC & the Strategic Bitcoin Reserve19:11 Digital Credit, Double-Digit Yield & Uniting the Bitcoin Community25:11 Money Printing, Meta & How to Beat Bitcoin#Bitcoin #MattCole #Strive #BitcoinTreasury #BitcoinConference #BitcoinMagazine #FederalReserve #MoneyPrinting #QuantitativeEasing #DebtCrisis #DollarDebasement #MicroStrategy #SemlerScientific #CorporateBitcoin #BitcoinAdoption #StrategicBitcoinReserve #BitcoinNews #BitcoinInterview #DigitalCredit #BitcoinBalanceSheet #SoundMoney #FiatCurrency #BitcoinPrice #Meta #HurdleRateDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Is the Bitcoin treasury boom good or bad for Bitcoin? Could it be the next big bear-market blowup? River's Alex Leishman gives his honest, measured take alongside host Brandon Green in this bear-market check-in. They cover store of value vs. medium of exchange, why Bitcoin payments still don't beat Apple Pay, and why stablecoins are really just a workaround for broken dollar rails. 🔶 Host: Brandon Green — BTC Inc CEO🔶 Alex Leishman — RiverChapters: 03:40 — Why Bitcoin Lags Despite Perfect Conditions10:11 — Bitcoin Interest on Cash: Replacing Your Bank16:33 — Betting on Bitcoin, Not Crypto: The Coinbase Contrast23:11 — Is River a Bank? Bitcoin Banking Explained27:11 — 3.3% vs 12%: River vs. Bitcoin Treasury Yields32:00 — Why River Refuses to Go Public36:35 — Stablecoins Are "Just Dollars"42:04 — Will Bitcoin Ever Be a Real Medium of Exchange?47:32 — Bitcoin as Global Reserve & River's Endgame#Bitcoin #BitcoinBanking #River #AlexLeishman #BitcoinMagazine #BitcoinPodcast #BitcoinBearMarket #StoreOfValue #BitcoinYield #BitcoinTreasury #LightningNetwork #Stablecoins #Tether #ProofOfReserves #MicroStrategy #Coinbase #BitcoinNews #BTC #BitcoinSavings #FDIC #SatStacking #BitcoinReserveAsset #MonetaryRevolution #BitcoinFinance #StackSatsDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Every popular stablecoin — Tether, USDC — is ultimately backed by US Treasuries, which means a handful of entities can freeze, seize, or censor your funds at will. In this conversation, David Seroy of Alpen Labs explains to Bitcoin Magazine's Shinobi why a Bitcoin-backed stablecoin is the credible alternative the space has been missing. They cover the immutable Liquity protocol, Bitcoin ZK rollups, and how to mint a dollar that inherits Bitcoin's security.Grab your copy THE 2036 ISSUE👇https://store.bitcoinmagazine.com/pages/the-2036-issue🔶 Shinobi — Bitcoin Magazine🔶 David Seroy — Head of Ecosystem, Alpen Labs Chapters: 1:50 — Rethinking stablecoin collateral without the dollar2:37 — Why DAI and Terra Luna failed3:29 — Liquity's immutable, governance-free breakthrough4:41 — Bitcoin ZK rollups: the missing collateral layer6:09 — How liquidations and the stability pool work9:23 — Who funds the stability pool — and why11:13 — Liquity V2 and user-set interest rates13:28 — Privacy, censorship resistance, and closing thoughts#Bitcoin #Stablecoins #BitcoinBackedStablecoin #CensorshipResistant #Liquity #LiquityV2 #AlpenLabs #DavidSeroy #Shinobi #BitcoinMagazine #BitcoinConference #USTreasuries #Tether #USDC #DAI #TerraLuna #BitcoinL2 #ZKRollup #StabilityPool #DeFi #BTC #FiatDebt #SovereignDebt #PrivacyPayments #Fedimint #Cashu #BitcoinDollar #Immutable #BTCCollateralDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Threshold signatures are coming to Bitcoin, but getting them right is harder than it looks. Nadav Kohen of Chaincode Labs walks through his work proving nested MuSig is secure, the road toward FROST-style thresholds, and his upcoming scheme codenamed "Iceberg." He breaks down the famous Alice, Bob, and Carol 2-of-3 example and shows why the obvious approach actually leaks secrets. Grab your copy THE 2036 ISSUE👇https://store.bitcoinmagazine.com/pages/the-2036-issue🔶 Shinobi — Bitcoin Magazine🔶 Nadav Kohen — Chaincode LabsChapters: 1:25 — Proving Nested Multisig Is Actually Safe2:52 — Multisig on Top, Thresholds Underneath3:41 — One Schnorr Key Representing Many Signers5:09 — Ark, DLCs & Lightning Gossip7:05 — Privacy and Programmability Through Cryptography8:21 — Community Funds and Granular Approval Policies9:34 — The Alice, Bob & Carol 2-of-3 Example10:44 —Thresholds Nested Inside MuSig12:17 — Why Naive Nesting Breaks #Bitcoin #Multisig #MuSig #ThresholdSignatures #Schnorr #Taproot #LightningNetwork #SelfCustody #BitcoinSecurity #Cryptography #FROST #ChaincodeLabs #BitcoinMagazine #BitcoinDev #DLC #Ark #BitcoinPrivacy #KeyManagement #SchnorrSignatures #BitcoinConference #NestedMultisig #BitcoinCustodyDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Is Bitcoin a cult? Comedian Ryan Long asks the questions most people are too embarrassed to say out loud. In this candid interview from the Bitcoin Conference, Ryan riffs on Michael Saylor, Bitcoin treasury strategy, risk tolerance, and why he'd rather throw his phone in the river than track his portfolio. Use code BM10 to get 10% off Bitcoin 2027 Conference in Nashville: https://2027.b.tc🔶 Host: Isabella Santos — Get Based🔶 Ryan Long — Comedian Chapters: 2:06 — How Comedy Evolved & Bitcoin Culture5:01 — Roasting Saylor & the MicroStrategy Mystery6:11 — Bitcoin Treasury Companies: Genius or Ponzi?8:11 — Crime-Adjacent Early Bitcoin Millionaires9:24 — The NASA Bitcoin Astrologer & Wildest Bitcoiners11:02 — Ryan's Hottest Bitcoin Take & Breaking Even13:11 — Wrench Attacks, Kidnapping & Bitcoin Secrecy16:55 — Orange-Pilling Skeptics #Bitcoin #RyanLong #BitcoinComedy #BitcoinConference #Bitcoin2026 #MichaelSaylor #MicroStrategy #BitcoinTreasury #IsBitcoinACult #OrangePill #BitcoinVegas #DavidBailey #PeterSchiff #Satoshi #BitcoinCulture #BTC #BitcoinNews #BitcoinPodcast #Comedy #crypto #BitcoinJokes #WrenchAttack #BitcoinVsSP500DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.