#281: Chinese mining theory, bitcoin divisibility, and UTXOs with John Carvalho
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 804 Ratings
🗓️ 2 November 2021
⏱️ 104 minutes
🧾️ Download transcript
Summary
Join Marty as he sits down with John Carvalho to discuss:
- John's Chinese mining theory
- Is bitcoin divisible?
- The UTXO set
- The Lightning Network
- Public mining companies
- Holding your own keys
- much more
Follow John on Twitter
Shoutout to our sponsors:
Transcript
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| 0:00.0 | What is up, Freaks at your boy, Marty Bent, here to introduce this rip of tales from the crypt. |
| 0:05.0 | Sat down with our good friend John Carballho. |
| 0:08.0 | We recorded two episodes, we're only going to least the first one now. |
| 0:11.0 | The second one will be out. |
| 0:13.0 | At a later date, this one we dove into some uncomfortable truths about Bitcoin, as John likes to describe them. |
| 0:22.3 | A very good follow up to the Arb'd Out episode that we dropped on Hollow's Eve over the weekend. |
| 0:28.6 | Yeah, we dove into it all, the visibility, block space, should blocks be bigger, should they be smaller, lightning, the UTXO set, a bunch of things. I think you guys are going to enjoy it. |
| 0:40.9 | It was brought to you by our good friends at the mother fucking cash-up. Cash-up. |
| 0:46.4 | Cash-up. Somebody use stack sets, send sets, sets, receive sets, sell sats. Sats is the standard. |
| 0:51.0 | 100 million sets and one Bitcoin. Cash hat makes it very easy to stack sats. |
| 0:55.2 | Cash app can be your bank account. |
| 0:56.5 | They're offering account numbers and rounding numbers. |
| 0:58.1 | You can get your paychecks direct deposited into the app. |
| 1:00.8 | Beyond that, they've got their boost program and a bunch of other cool stuff. |
| 1:06.3 | And they're sponsoring Max for Stamp and number one-1 racer in the world right now. |
| 1:12.2 | If you haven't downloaded the app, use the code stacking stats, ST-A-C-K-I-N-G-S-A-T-S. |
| 1:16.8 | You're going to get $10. |
| 1:17.6 | And $10 is going to go to our good friends at Owls LaCross. |
| 1:20.2 | That's Owls LaCross. |
| 1:21.6 | Woo! |
| 1:24.1 | Owls La Cross. Got a morning workout in. |
| 1:28.8 | 6 a.m. workouts today. |
... |
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