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The Peter McCormack Show

2020 Bitcoin Tech Review with Shinobi - WBD291

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 23 December 2020

⏱️ 89 minutes

🧾️ Download transcript

Summary

Location: Remotely Date: Monday 21st December Company: Block Digest Role: Host

2020 has been a record-breaking year for Bitcoin where we have seen the price reach a new all-time high of over $24,000. Companies like MicroStrategy and Square have paved the way for institutional investors, and mainstream media covers Bitcoin more than ever.

While interest in Bitcoin is continuing to grow, behind the scenes, Bitcoin developers are quietly continuing to push the technology forwards. With improvements like Schnorr signatures and CoinSwap on the horizon and advancements with discrete log contracts and Lightning Lab's Loop, the technical side of Bitcoin is also thriving.

In this interview, I am joined by Shinobi host of Block Digest. We review the technical side of Bitcoin in 2020, including MuSig, Schnorr & Taproot, discrete log contract, Lightning Labs Loop and CoinSwap.


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Transcript

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0:00.0

This year is the first year where I feel like the question of is all this going to work out in some way in the long term is settling itself.

0:11.0

Like everything is just rocketing forward.

0:15.4

Hello there from Bedford. How are you all? Welcome to the What Bitcoin did

0:19.0

podcast which is brought you by the mighty Cracken, the best place to buy, sell and trade Bitcoin. I'm your host Peter McCormack and today I've got an interview

0:26.4

with my buddy Shunobe, sometimes my foe and we're going to be reviewing Bitcoin Tech in

0:31.5

2020 but before that I do have a message from my

0:34.9

amazing show sponsors. So today I'm going to kick off with BlockFi. Have you heard

0:39.2

their massive announcement? I've been telling you about this on the show for a few weeks now. So BlockFi is to launch a

0:45.3

Bitcoin Visa rewards credit card in early 2021 is something I am massively excited about.

0:51.6

Okay so check this out. Card users are going to be able to earn a market leading

0:56.1

1.5% rewards in Bitcoin on all card purchases. There will be a $200 annual fee, but there is a $250 bonus in Bitcoin after you spend $3,000 on your card in the first three months.

1:09.0

So with Blockfire, you will be able to stack that on all your card purchases. Weightlist

1:14.9

registration is now open to all registered BlockFi clients and if you want to

1:19.6

join that priority waiting list then you need to open up a blockfire count.

1:24.0

The public wait list is slated to open in early January.

1:27.2

So if you are interested in checking this out, I do recommend you do your own research on blockfy

1:31.5

and then head over to BlockFi.com.

1:36.7

Next up we have Cracken, my favorite place for Buying the selling Bitcoin and it's the only place

1:42.1

I use for Buying the selling Bitcoin. So you want to know why.

1:45.0

Well firstly they are consistently rated the best and most secure

1:48.5

cryptocurrency exchange and security is really really important to me.

1:52.8

They also have a best in class in customer service.

...

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