PBJ

With David King, Max Webster, and Steve Lee

PBJ is a weekly live show recorded at Presidio Bitcoin where 3 friends gather to make sense of bitcoin’s latest topics, from distilling technical concepts to discussing new ways to use bitcoin to determining its impact on the financial system. Join David King, Steve Lee, and Max Webster, longtime bitcoiners with deep roots in Silicon Valley, as they swap knowledge, challenge assumptions, and joust about the big questions of the day, bridging the gap between big tech and bitcoin. presidiobitcoin.substack.com

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Yesterday · 1 hr 32 min
Nvidia Bets Big on Open-Source AI, AI Finds Core Lightning Bugs, Aluminum-Powered Data Centers
0:00 - Opening banter 0:40 - PBJ Topic Explorer 7:34 - Particle Radar brings AI search for the world’s podcasts 12:35 - Voya Energy's new approach to metal fuels for storage 23:25 - Nvidia doubles down on open-source AI (Hugging Face acquisition) 35:45 - Using GrokBot for long-horizon research 41:54 - Giving agents long-running goals 46:59 - New security risks and attack surfaces from trusting other agents 53:09 - Is Twitter or Cursor’s data more valuable? 1:03:50 - AI security investigations are getting harder 1:06:55 - Core Lightning vulnerabilities and disclosure dilemma 1:18:35 - How far ahead are frontier AI models? 1:23:36 - Building a market for cheap, spare compute 1:30:30 - Darkbloom’s decentralized (Mac) inference network SHOW NOTES: PBJ Topic Explorer: https://pbarchive.ai/topics/ Voya Energy: https://www.voya.energy/news/voya-energy-unveils-a-new-metal-fuels-energy-system-closes-35-million-series-a Darkbloom: https://www.darkbloom.dev/
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August 21 · 1 hr 38 min
BlackRock's New Case for Bitcoin, Stripe Buys OpenRouter, David Sacks at PB
0:00 - What's behind bitcoin's rally? 8:33 - Open Source AI Summit and questions for David Sacks 18:00 - Berd and Block’s growing stack of open-source AI agents 22:30 - Alby's TaskFuel simplifying payments for agents 30:14 - The missing credential layer for agents 36:46 - Making sense of Stripe’s OpenRouter acquisition 48:02 - What's OpenRouter’s moat? 52:50 - Apple, OpenAI and the battle for user intent 57:46 - Making the internet infinitely programmable 1:07:47 - BlackRock's new case for bitcoin 1:21:03 - What causes bitcoin’s four-year cycle? 1:26:25 - Strategy's notable resilience 1:30:49 - Is bitcoin becoming more centralized and how best to measure it? SHOW NOTES: https://opensourceaisummit.org/ https://www.blackrock.com/us/financial-professionals/literature/whitepaper/re-underwriting-bitcoin.pdf
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August 7 · 2 hr 1 min
Bitcoin Security after COLDCARD, PB Media Archive Launch, Announcing the Type II Summit
0:00 - Last week’s breakout episode 1:36 - Bitcoin, AI and energy are starting to converge 12:06 - Announcing the Type II Summit 15:05 - Panthalassa and offshore compute 17:30 - Introducing the PB Media Archive (pbarchive.ai) 22:15 - Reexamining podcast accountability and ad incentives post-COLDCARD 34:55 - The BTCPay Server exploit (happening in real time) 36:11 - No software project should assume it’s safe 41:20 - Why closed source won’t protect software from AI (OpenAI–Hugging Face incident) 53:40 - Project Loupe’s approach to AI security scanning & learnings 1:01:30 - The push to get early AI access for bitcoin developers 1:06:30 - How the COLDCARD incident has rallied bitcoin security (e.g., Bitcoin Red Team) 1:13:00 - The hidden risks of DIY bitcoin entropy 1:21:50 - Was the COLDCARD hack an inside job? 1:28:24 - Rethinking responsible disclosure in the AI era 1:35:12 - How vulnerable is the Lightning Network to AI? 1:37:25 - Will agents choose bitcoin or create something new? 1:42:45 - White-hat hacking, recovery and property rights 1:54:48 - Spiral’s idea for a neutral protocol for multi-vendor wallet security SHOW NOTES: PB Media Archive: https://pbarchive.ai/ COLDCARD PBJ: https://youtube.com/live/cSXOmwI38Jo?feature=share
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July 31 · 1 hr 37 min
The COLDCARD Hack and Future of Self-Custody
0:00 - The COLDCARD hack: bitcoin’s worst security incident ever? 4:30 - What happened and how thefts were identified 7:04 - The random-number failure behind the hack 13:24 - The right way to generate wallet entropy (i.e., dice rolls) 20:45 - Who is affected and what users should do 31:43 - Custody options and why diversification matters 37:37 - The source-license change behind the COLDCARD bug 40:33 - How AI changes open-source security audits 52:30 - How the community can limit further theft 59:56 - Why patches cannot fix keys and recovering stolen bitcoin 1:10:37 - Does AI strengthen the case for custodians? 1:16:30 - Future of self-custody 1:21:43 - Evaluating Bitkey, Ledger, Trezor and multisig post-COLDCARD 1:31:04 - ETFs, custodians and new transparency standards SHOW NOTES: PBJ custody survey episode: https://www.youtube.com/watch?v=OSanv5Z-DA4 Block COLDCARD blog post: https://engineering.block.xyz/blog/predictable-rng-fallback-and-32-bit-reseed-in-coldcard-firmware
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July 24 · 1 hr 44 min
Bitcoin Security Consortium, Buzz Launches, Wavelength Brings Bitcoin to Any App
0:00 - Opening banter, Nostr momentum & voice-first computing 7:21 - Presidio Bitcoin’s visiting member program 10:30 - Bitcoin Security Consortium: quantum preparedness, tradeoffs & independent funding 26:07 - Buzz launches to strong early adoption 35:53 - Buzz’s Nostr architecture and user-owned identity 48:28 - Can Anthropic or OpenAI copy Buzz? 53:24 - Buzz onboarding, local agents & security tradeoffs 1:03:37 - Learning through shared agents and 15-minute hackathons 1:07:54 - Mesh LLM and bitcoin-powered agent onboarding 1:18:52 - Wavelength and the growing Ark ecosystem 1:27:08 - Foundry’s BIP 110 vote and Stratum V2 1:37:20 - Nostr web of trust for humans and agents 1:41:10 - DK's treasure hunt progress and AI-assisted mysteries
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July 17 · 1 hr 26 min
Kimi K3 and the Open-Weight Race, AI Treasure Hunting, Bitcoin Falls Further Behind Gold
0:00 Making music with AI and the limits of today’s models 3:21 - Latent spaces & the future of creativity 8:04 - Will AI surpass human curiosity? 12:54 - Using AI to rediscover the ancient past 18:23 - How AI is transforming real-world treasure hunting 33:09 - Using Buzz and agents to solve unsolved mysteries 42:32 - Project Loupe’s early success and who should it scan next? 48:07 - Which projects deserve Loupe's audits? 1:08:20 - What Stripe could gain by acquiring PayPal 1:09:56 - Bitcoin’s worsening performance against gold 1:15:51 - Kimi K3, the open-weight AI race, and what it means for frontier AI labs
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July 10 · 1 hr 37 min
Goose Development Kit, Spiral Expands Into AI, Can Bitcoin Names Scale?
0:00 - World Cup fallout and opening banter 5:23 - Goose Development Kit (GDK) week at Presidio Bitcoin 9:29 - Why Spiral is expanding into AI & how it helps bitcoin 19:01 - GDK’s near-term roadmap and Mesh LLM 25:52 - Combining open and frontier AI models 33:20 - Preventing data leaks between AI models 38:02 - Anthropic's possible window into how AI models think 42:24 - How Goose connects apps, agents, and models 47:36 - Subscription pricing versus open agent ecosystems 54:37 - Can bitcoin support a global naming system? (the data-availability challenge) 1:03:10 - Who decides which bitcoin name is valid? 1:11:48 - Merkle batching and the hidden-name problem 1:21:00 - Can auctions work if the data stays hidden? 1:29:00 - Applying bitcoin’s peer-to-peer model to names 1:32:53 - Should bitcoin names use its own blockchain? SHOW NOTES: Goose: https://goose-docs.ai/ Spiral: https://spiral.xyz/ Spiral x AI announcement substack: https://spiralxyz.substack.com/p/spiral-x-goose-the-best-is-yet-to Presidio Bitcoin GDK event recording: https://www.youtube.com/watch?v=m7NGzb8m0nk
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July 3 · 1 hr 37 min
Open Source AI with Goose & Buzz, New OUSD Stablecoin, Fable 5 is Back
0:00 Summer camp. Teaching DK what the World Cup is. Steve visits the PBJ Remote studio. 13:52 What is Goose & the alpha of what's to come with open source AI 20:40 The kinds of things Goose Development Kit enables 33:10 Come and meet the Goose team at PB next Wednesday! 39:26 DK's experience using Buzz as a great example of the ACP standard and using Nostr 54:22 Steve's take on how Buzz changes open source software development 1:04:46 Max's Claude pilling moment, and it becoming more paternalistic over time 1:10:05 Compute constraints causing strange market dynamics 1:13:03 OUSD Stablecoin and its effects on Circle, Tether, and the broader market 1:27:58 Quick comment on Strategy, MSTR & STRC, and its long-term outlook SHOW NOTES Join us on Jamchat.fun
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June 19 · 1 hr 34 min
Announcing PB's Open Source AI Summit, Bitcoin Forks, Running Local AI Recap
0:00 World Cup chatter, DK searching for sports on Google, Good times on Jamchat.Fun 6:05 Recap of the Local AI Builder last night here at Presidio Bitcoin. Tom's local AI setup and how he's using it. 15:05 A watershed moment when Fable received export control from the US government 20:12 Is this like the Satoshi moment for banking in 2008 for AI in 2026? 28:23 Presidio Bitcoin's Open Source AI Summit this September! 36:25 Do you still have a business if everything is built on an AI platform? What's the moat? 40:25 Takes on SpaceX as an AI company post-Cursor buy. Launch is still unique. 47:12 Elon says regulation is the hurdle to getting more solar on Earth, which is why he's going to space 50:56 Bitcoin Forks, working on Bitcoin Core, and how updates happen 1:06:22 What is the timeline for these activities? 1:12:20 Touching on Drive Chain, Quantum, BIP 110, & BIP 361 1:18:42 What is the Paul Sztorc eCash hard fork? First one in 9 years? 1:23:53 Illinois signed into law a transfer tax for digital asset moves like Bitcoin 1:28:15 US Sovereign Wealth Fund buying, or taking, AI company equity as they did with Intel? SHOW NOTES: https://opensourceaisummit.org/ https://tomtunguz.com/
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June 12 · 1 hr 36 min
Anthropic's Fable Drama, Personhood for AI, Bark Launches on Mainnet
0:00 We keep getting requests to talk about basketball. What about the World Cup? 7:40 The future of livestreaming is https://jamchat.fun/ 15:30 Unveiling Buzz, an open source project, for AI native communications built on Nostr 25:26 Bitcoin is open source money, Nostr is open source identity 31:13 To summarize, Buzz brings together agents to collaborate; multiplayer & multiagent workflows 36:11 Extending Buzz functionality with a Lexe wallet integration for bitcoin payments 40:30 What is the future of the corporate structure with autonomous agents and AI personhood? 53:29 Anthropic's Fable 5 drama, what is going on? 1:00:25 What is the best approach for AI deployment? 1:07:34 We're most excited about really good open models & layers coming to the market 1:09:52 Bark launches on mainnet as a bitcoin layer 2, and comparing it to Lightning 1:21:44 Will interoperable decentralized money matter more to agents than humans? 1:26:55 Feedback from last show, Surge uses USDC on Base, and what is the Ethereum vs. Base value proposition? SHOW NOTES: Max's Article on Nostr Identity https://www.hivemind.vc/identity
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June 5 · 1 hr 29 min
USDC on Cash App, Wand Launch, Surge, and the Zcash Crash
00:00 Welcome back (we missed a week) 00:56 The Cash App Wand: tap-to-pay NFC device that sold out in 10 hours 09:07 Surge: a self-custody, no-KYC bitcoin-backed credit line 16:07 The Taproot design and how Surge uses it 21:28 How Surge tackles the oracle & liquidation problem 28:08 Base/Ethereum dependence, MPC & the signer network (Surge's lender side) 37:34 Borrowing against your bitcoin to buy AI stocks instead of selling 38:41 Cash App's USDC integration 51:14 Living design docs, AI-native shows & project constitutions 54:24 Is AI sucking liquidity out of bitcoin? 1:00:00 The IPO wave and the AI bubble debate 1:06:00 The Zcash crash: Opus uncovers an inflation bug 1:07:55 Privacy vs. auditable supply, and why this can't happen to bitcoin 1:11:19 Turnstiles & Orchard: can Zcash actually recover? 1:14:22 AI vs. software security & Spiral's Project Loupe 1:23:40 Cloudflare: AI agents overtake humans in web requests 1:27:32 Wrap-up & teasers (Spiral's AI work, NVIDIA, Sprout)
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May 22 · 1 hr 30 min
MSTR/STRC Outlook, Bitcoin's Security Budget & AI, Evaluating the Nation-State Threat
0:00 Getting off Twitter, losing passwords, and staying up to date with Stackernews 4:30 Why we find the Strategy conversation interesting, and we will still cover basketball 7:11 Can MSTR blow up? Unpacking the claim that Saylor is a new SBF 13:34 What are the outcomes and probabilities of Bitcoin and MSTR's future 21:00 How much does bitcoin need to grow to support MSTR's credit products? 25:00 Is the biggest risk Coinbase and its custodians or esoteric DeFi demand? 32:15 What's the investment thesis of holding MSTR vs STRC? 41:40 Finding new products from the synthesis of old concepts 45:41 Using Proof of Work for hot tubs creates a security issue? 55:55 Bigger picture and putting into context the security budget for bitcoin 1:05:27 Is this a design flaw of bitcoin? 1:11:40 Underlying issue is we don't know what the annual security budget should be. 1:21:00 What are the attack vectors to Bitcoin from a non-economic actor, like a nation-state? SHOW NOTES: Transaction Fee Paper (Budish, 2024) https://socialsciences.uchicago.edu/sites/default/files/2024-09/Economic%20Limits%20Crypto%20Blockchains%20-%20QJE%20Sept%202024.pdf
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May 15 · 1 hr 35 min
Bitcoin Core v31 Release, Project Loupe Launches, Lightning Network's Future
0:00 Streaming in any language you want via https://babelagent.xyz/ 10:09 It used to be that if you left your job to study bitcoin. Now it's study vibecoding. 11:50 PBJ Podcast worth a MILLION dollars? 16:44 Okay, let's talk about bitcoin 17:24 Unpacking Bitcoin Core v31 21:12 Steve's top three highlights from Core v31. Feature 1: Embedded ASMAP 30:14 DK's security concerns and Anthropic Mythos model 31:16 Getting to Max's questions and other initiatives around node security 39:27 Feature 2: private transactions 47:47 Feature 3: cluster mempool & discussing block rewards vs fee. 58:22 Okay, what is cluster mempool, how it works, and why this could matter 1:01:56 Closing out the Bitcoin Core conversation and why it's important 1:03:22 Project Loupe, AI security scanning, to discover vulnerabilities in projects 1:13:26 This is important as bitcoin is the biggest honeypot for AI to hack 1:20:31 Another big release! Updates to LDK Server to ease building and operating an LSP 1:29:45 Steve's hot takes on the Lightning Network SNOW NOTES https://babelagent.xyz/ https://bnoc.xyz/
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May 8 · 1 hr 48 min
Saylor to sell bitcoin, Block earnings beat, Anthropic partners with xAI
0:00 DK gets his band back together, Max shares old hip-hop remixes on Nostr, making music with AI 4:45 The experience of paying with bitcoin on CashApp has changed hearts and minds 12:41 Steve's old tipping idea resurfaces and passes something called the "toothbrush test" 16:30 Selling bitcoin? Saylor is exploring. What's the path for treasury companies? 25:02 Is STRC issuance tapped out? 35:32 What questions remain for STRC's future? 44:50 Are Central Banks a source of permanent demand, or is MSTR the next Terra Luna? 50:04 Okay, back to never selling bitcoin? 52:06 Hydration, electrolytes, staying healthy 55:46 Taking back control from DNS and owning your naming rights 1:06:48 The principles to unlock a solution for a single namespace & how bitcoin can help. 1:13:51 Unpacking DK's potential solution! 1:31:15 Block earnings were huge this quarter. Their transformation is bearing fruit. 1:39:45 Anthropic partners with xAI. Are the claims that Anthropic will be more valuable than Google in 18 months credible? - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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May 1 · 1 hr 36 min
Frontier Models Eating All, SF's AI Dominance, Bitcoin Vegas Announcements
0:00 May Day, hitting the road for College Basketball, and WE'RE BACK on schedule 2:20 Let's start with Vegas and Block's new Bitkey. Can it help against wrench attacks? 13:44 Tap to pay & NFC payments on Square to trigger a CashApp bitcoin transaction 16:14 CashApp now offering 5% bitcoin back and enabling P2P Payments over bitcoin 18:16 River pioneered proof-of-reserves and liabilities; Block just followed suit 26:40 A new product from a traditional SF fintech, Aven, launched bitcoin-backed liquidity and cards. Similar to Surge, who's building at PB using a signer network and MPC. 29:50 Revisiting strategies and approaches to Bitcoin-based loans and liquidity 38:02 Strike being explored by Tether & XXI? What's the strategy here? 46:01 Saylor explaining STRC Stretch at Vegas. Steve's reveal next week! 47:53 Latest Hackathon at PB last weekend with Hack Nation AI. Over 5,000 applicants! 1:04:04 DK's favorite ₿uilder Event last week! Mesh LLM and Goose Perception 1:13:03 The age of caring about machine specs and capabilities is BACK! 1:14:59 Takeaways from AI conversations in SF: everyone switching to Open Source for economics & privacy 1:20:13 Frontier models taking over the world, being shut down by governments, or leaving for open source? 1:26:05 Max puts Steve on the spot: X Money using CashTags? 1:29:02 SF is so BACK! - SHOW NOTES: https://bitkey.world/ https://surge.build/ https://hack-nation.ai/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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April 14 · 1 hr 40 min
Presidio Bitcoin's Quantum Readiness Report, Iran Wants Bitcoin, Can Mythos Break Bitcoin?
0:00 Schedule changes and personal updates 1:50 Hack-Nation AI Global Hackathon @ PB and Spiral’s bitcoin payments challenge 5:40 Lowering the barrier & reducing friction for builders new to bitcoin 8:55 Student outreach and Presidio Bitcoin as a bridge into bitcoin 11:25 Iran, Strait of Hormuz tolls, and bitcoin’s geopolitical use case 17:46 Settlement, unit of account, and bitcoin between adversaries 24:35 Bitcoin as neutral protocol and the analogy to internet rails 26:45 Anthropic and whether the sovereign individual thesis survives AI concentration/centralization 38:55 Corporate dependence on frontier models and the risk of model lock-in 55:54 The future of scarcity, defensibility, and startups as AI power concentrates 1:06:46 Presidio Bitcoin’s Quantum Readiness Report overview & what makes it special 1:15:48 Quantum response scenarios: orderly & emergency migration + break-glass planning 1:25:49 New quantum developments: Google AI, Lalu's recovery proof, QSB, and other interim mitigations 1:34:40 BIP-360, Taproot, and possible upgrade paths under accelerated quantum timelines - SHOW NOTES: Presidio Bitcoin's Quantum Readiness Report: https://github.com/presidiobtc/bitcoin-quantum/tree/main Report v1.0 PDF: https://github.com/presidiobtc/bitcoin-quantum/blob/main/presidio-bitcoin-quantum-readiness-v1-apr-2026.pdf Hack-Nation Global AI Hackathon: https://hack-nation.ai/ Strait of Hormuz bitcoin toll: https://bitcoinmagazine.com/politics/why-iran-wants-bitcoin-for-safe-passage-though-the-strait-of-hormuz Google Quantum AI Paper: https://quantumfrontiers.com/2026/04/09/unleashing-the-advantage-of-quantum-ai/ Lalu's Seed Phrase ZKP: https://groups.google.com/g/bitcoindev/c/Q06piCEJhkI?pli=1 Quantum Safe Bitcoin (QSB): https://github.com/avihu28/Quantum-Safe-Bitcoin-Transactions/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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April 3 · 1 hr 33 min
Google's Quantum Warning Overblown?, OpenAI Acquires TBPN, Jack Dorsey Makes Block Mini-AGI
0:00 Opening banter and agenda setting 2:00 Google and Oratomic quantum papers & the “n minus one” framing 6:44 Quantum uncertainty: AI acceleration & s-curves 10:06 Preparedness planning and scenario-based bitcoin responses 11:52 Why government and corporate quantum timelines are misleading 15:12 Post-quantum signature tradeoffs: SHRINCS, SHRIMPS, and state 23:35 Why quantum is a harder problem for bitcoin than other technologies and orgs 30:57 Competing quantum narratives, incentives, and media hype 34:24 The new bitcoin faucet & Block’s teaser campaign 36:30 Square’s default bitcoin payments rollout and adoption friction 43:00 Tipping, UX constraints, and Lightning’s retail payment challenge 52:31 OpenAI’s TBPN acquisition and the strategic value of media distribution 59:50 Open-source AI & Google's Gemma 4 release 1:03:14 Block’s new mesh-llm and peer-to-peer compute 1:07:21 Open agent marketplaces, business models, and demand formation 1:22:40 Block’s corporate structure shift from "hierarchy to intelligence" and the “mini-agi” vision 1:32:55 Scheduling notes - no pod next Friday! Next pod Tuesday, April 14 - SHOW NOTES: Block's bitcoin faucet: https://btc.day/ Google's quantum paper: https://research.google/blog/safeguarding-cryptocurrency-by-disclosing-quantum-vulnerabilities-responsibly/ Oratomic quantum paper: https://arxiv.org/html/2603.28627v1 SHRIMPS: https://delvingbitcoin.org/t/shrimps-2-5-kb-post-quantum-signatures-across-multiple-stateful-devices/2355 Mesh-llm: https://www.anarchai.org/ Block's corporate structure shift: https://block.xyz/inside/from-hierarchy-to-intelligence - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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March 27 · 1 hr 31 min
Coinbase Mortgages, Privacy for AI and Payments, Lexe Launches
0:00 Opening banter, Iowa State, and March Madness stakes 07:10 Coinbase’s Bitcoin-backed mortgage model 11:12 Who the Coinbase mortgage product is really for 20:58 Competitive implications for Bitcoin lending and housing finance 27:40 De minimis tax policy and the case for Bitcoin payments 31:27 STRC-backed stablecoins as regional savings products 37:10 Lexe’s launch and trusted-execution Lightning wallets 45:10 SDK design, experimentation, and the search for breakout use cases 52:46 Privacy limits in Base, Spark and stablecoin payments 01:02:20 Hong Kong’s decryption powers and the erosion of financial privacy 01:04:50 Stripe, open-source AI, and shifting infrastructure questions 01:12:52 Spiral’s AI criteria (low-level tools, protocols, and defensibility) 01:16:08 Peer-to-peer training networks and verifiable model provenance 01:20:13 Naming systems for agents and online resources - SHOW NOTES: Coinbase Mortgages: https://www.coinbase.com/blog/coinbase-powers-the-first-crypto-backed-conforming-mortgages-by-better Lexe Launch: https://blog.lexe.app/public-launch/ - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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March 18 · 1 hr 30 min
Bitcoin's Branding Problem, AI's Impact on Open Source, Can Spiral's Playbook Work for AI?
0:00 March Madness and opening banter 06:30 Square’s latest Bitcoin payments rollout and the remaining merchant adoption hurdles 16:13 Bitcoin branding problems and the challenge of negative first impressions 21:30 Reframing the Bitcoin merchant pitch around Lightning, fee savings, and cleaner UX 26:00 Branding for Presidio Bitcoin, PBJ, and the tension between mission clarity and broader appeal 28:50 "Crypto" stigma in tech circles and potential counter-narratives for Bitcoin 36:31 Privacy coins, stablecoins, and open-source framing as rival narratives 43:10 Student visits, "yuppie-elite" skepticism, and the university awareness gap 49:03 What would make institutions and students pay more attention to Bitcoin? 56:51 Education, entrepreneurship, and AI-native alternatives to traditional schooling 01:03:40 Spending Bitcoin, monetary transition, and the long-run logic of better money 01:08:20 Tempo's Machine Payments Protocol (MPP) announcement, Lightning interoperability (via Lightspark), and cautious optimism around AI payments 01:12:30 Builder branding, Flint, and whether Bitcoin should lead or recede in the pitch 01:15:26 AI’s impact on FOSS, licensing, transparency, and software value 01:26:58 Spiral’s AI playbook, auditability, and the shift from FOSS to sovereignty - SHOW NOTES: Why The Yuppie Elite Dismiss Bitcoin: https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin Tempo's Machine Payments Protocol: https://stripe.com/blog/machine-payments-protocol - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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March 13 · 1 hr 46 min
Strategy's STRC Buying Spree, Open-Source AI Blind Spots, Bitcoin Stablecoins from Utexo & Ark
0:00 Opening banter: Elon chocolate, Dipsea registration, and college basketball 9:55 New York PubKey ₿uilder event and Spiral retreat recap 12:35 Presenting agentic commerce and the case for Bitcoin payments 15:50 Agentic payments: open questions, hype vs reality 18:35 Hype vs reality in current agentic payment adoption 21:38 Consumer commerce as the clearest early use case 23:38 Ads, trust, and why LLM commerce may break the Google model 28:45 Yahoo, Google, and the economics of search monetization 34:56 Subscriptions, open models, and the future AI business model mix 45:00 Open-source AI: where the biggest gaps and opportunities may be 47:35 Linux, cloud infrastructure, and lessons for AI’s open stack 56:40 The open standard: open models, open hardware, and verifiable compute 1:02:32 Bitcoin-native rails for agent coordination, collateral, and payments 1:17:48 Meta, “performance art” agents, and the limits of current social AI 1:20:28 Voice interfaces, agent orchestration, and the future of work 1:35:02 Strategy’s STRC buying spree and Bitcoin-based yield demand 1:40:07 Bitcoin-based stablecoins from Utexo, Ark Labs, and Tether - SHOW NOTES: PubKey Podcast with Steve, Haley and Mat: https://www.youtube.com/watch?v=01NLHgBO-dM STRC Tracker: strc.live - SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
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