The Chopping Block: Wizards vs. Laser Eyes for the Future of Bitcoin - Ep. 495

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 20 May 2023

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, and Robert Leshner, chop it up about the latest news. In this episode, Taproot Wizards instigator Eric Wall joins the show to discuss the rise of Ordinals and what it means for the future of Bitcoin. Will inscriptions and BRC-20 tokens bring a slew of Ethereum-style problems to the original blockchain? Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights: how Eric has set up a “war” between the “laser-eye tribe” and the “magicians” how the Bitcoin maxi community is different from the normal Bitcoin user base whether Ordinals fixes the lack of demand for Bitcoin block space what Taproot is and what it enabled on the Bitcoin network the MEV problem that could arise in Bitcoin now that demand for block space is going up whether Bitcoin’s values resemble a religion whether the increased demand for Bitcoin block space is good for the network, even if it’s fueled by JPEGs and “shitcoins” why so many people got worried about Ledger Recover why Robert thinks that Ledger’s new service is “terrifying” and why Haseeb is not so concerned whether Bitcoin is becoming a unit of account once again Hosts Haseeb Qureshi, managing partner at Dragonfly Robert Leshner, founder of Compound Tom Schmidt, general partner at Dragonfly Guest Eric Wall, cofounder of Taproot Wizards Previous appearances on Unchained: Eric Wall and Udi Wertheimer on Why Bitcoin Maximalism Is 'Like a Shitcoin Community' Is Bitcoin Doomed to Fail? Eric Wall and Justin Bons Face Off Why Terra Collapsed and Whether an Algo Stablecoin Can Ever Succeed Disclosures Links CoinDesk: Ledger Bats Back Criticism of New Wallet Recovery Service The Blocksize Wars Revisited: How Bitcoin's Civil War Still Resonates Today Nic Carter: There's No Such Thing as High Fees on Bitcoin Unchained: ‘Backdoor’ for Seed Phrases? Ledger’s New Recovery Feature Spooks Users ‘Technically’ Possible to Extract User Keys? Ledger Addresses Deleted Tweet Haseeb Qureshi’s thread on Ledger Recover Previous coverage of Unchained on Ordinals and BRC-20s: Bitcoin’s BRC-20 Mania: Is It Sustainable? Bitcoin Ordinal NFTs Are Hot and Getting Hotter. What's the Hype About? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Not as dividend, it's a tale of two puns.
0:02.4	Now, your losses are on someone else's balance.
0:05.2	Generally speaking, air drops are kind of pointless anyways.
0:08.0	I mean, trading firms who are very involved.
0:10.8	I like that eat the ultimate problem.
0:12.8	DeFi protocols are the antidote to this problem.
0:17.6	Hello, everybody.
0:18.3	Welcome to the chopping block.
0:19.5	Every couple of weeks, the four of us get together
0:21.0	and give the industry insider's perspective
0:22.7	on the crypto topics of the day.
0:24.7	So, we're going to try this first.
0:25.9	We've got Tom, the DeFi Maven, a master of memes.
0:28.4	Next, we've got Robert, the crypto connoisseur
0:30.1	and captain of Compound.
0:31.6	Today, we've got a special guest, Eric Wall,
0:33.2	the wise wizard of Taproot.
0:35.5	And then you've got myself,
0:36.4	I've received a head height man of Dragonfly.
0:38.4	So, we are early-season investors in crypto,
0:39.8	but I want to caveat that nothing we say here
0:41.8	is investment advice, legal advice, or even life advice.
	...

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