Stacks’ Muneeb Ali On Why Bitcoin Is Exciting Once Again - Ep. 612

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 23 February 2024

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Fifteen years after the birth of Bitcoin, the network is now entering an era of remarkable innovation and change, according to Stacks' co-creator Muneeb Ali. On this episode of Unchained recorded at the Bitcoin Builders conference, Muneeb explores the complexities and advancements within Bitcoin's Layer 1 and Layer 2. He shares his perspectives on what's fueling innovation in Bitcoin's Layer 1 and discusses the implications of Ordinal Inscriptions amid criticism of it by core developers. He delves into the various scaling solutions within Bitcoin, highlighting how trust assumptions vary among them, and how BitVM could be a 'game changer'. He goes over the advantages of integrating smart contracts on Bitcoin, and why he considers BTC the only true form of monetary asset. Show highlights: What's driving innovation in Bitcoin’s L1 How Muneeb feels about Ordinals Inscriptions in Bitcoin, considering the criticism from some core developers How, in the recent years, research and development in crypto happened outside of Bitcoin, and how that's changing now, according to Muneeb The different types of scaling solutions in Bitcoin and how the trust assumptions differ in each of them Why he feels like BitVM is a 'game changer' and what it enables What the Nakamoto upgrade is on Stacks The advantages of having smart contracts on Bitcoin, according to Muneeb Why he says that BTC is the only asset that is money The challenges to having privacy in Bitcoin Thank you to our sponsors! Popcorn Network iTrustCapital Polkadot Guest Muneeb Ali, co-creator of Stacks Previous appearances on Unchained: Bitcoin Ordinal NFTs Are Hot and Getting Hotter. What's the Hype About? - NFT Crypto Blockstack On Getting Independence From Google, Facebook And Amazon Links Recent news: Unchained: Stacks, a Bitcoin Layer 2 Protocol, Sees All-Time High in Total Value Locked A New Era for Bitcoin Is Here, Whether Bitcoin Maximalists Like It Or Not Bitcoin Passes the $1 Trillion Market Cap Mark; All Cryptos Combined Reach $2 Trillion Bitcoin L2s: Unchained: Are Layer 2s on Bitcoin Having a Moment? How Botanix Aims to Enable Smart Contracts on Bitcoin An Ethereum-Like Experience Built on Bitcoin? Learn more: What Are Opcodes in Bitcoin? A Beginner's Guide What Are BRC-20 Tokens? What Are ORC-20 Tokens? How to Create a Bitcoin Ordinal Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So I agree with you I think like in the last five years this is probably the most exciting time for Bitcoin.
0:07.0	Hi everyone welcome to the future of Bitcoin I'm here with Manib Ali co-creator of
0:16.9	Stacks. Welcome Manib. Thanks for having me. With I trust capital you can buy and sell crypto in a tax advantage retirement account.
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0:45.0	Hey unchained listeners, as you know it's hard keeping up with a fast-paced world of
0:49.7	crypto so we've got just the thing for you.
0:52.0	Subscribe to our free free unchanged daily newsletter at unchained crypto. substack.com
0:57.0	you'll get the latest crypto news and original articles from our reporters
1:01.0	as well as summaries of other happenings in bullet points,
1:03.2	plus our meme of the day, all curated and written by our amazing team.
1:07.6	It's still your no-hipe resource for all these crypto, just in newsletter form.
1:12.0	Sign up at unchained crypto.com.
1:15.0	Again, the URL is unchained crypto.
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1:22.0	With an H.S. B.CSCC global money account you can drop
1:24.7	from Acapulco to Zurich that means no fs here
1:28.3	Fondroa no fs here howdy and Definitely No Fies Here.
	...

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