We're Jiving With A Little Crypto Sprinkled In

·46 min·4 clips

Corey reveals how wave packet physics explains why our internet infrastructure destroys community cohesion.

The episode opens with a Discord promotion offering Bitcoin to new listeners who lip-sync the intro. Hosts Demetrick, Corey, and Jesse reintroduce themselves after a two-week hiatus. Corey recounts giving a talk at an all-hands event in Portugal, where he used physics analogies of wave packets and coherence to explain organizational alignment and community building. He describes how wave packet dispersion represents signal loss into noise, linking it to why current internet infrastructure hinders civil society. The hosts then pivot to Bitcoin, noting the 20 millionth Bitcoin was mined, marking what media calls the 'era of scarcity.' They debate whether Bitcoin's security budget is excessive given its current transaction volume and if miner fees can sustain the network. Corey argues the hash rate might be too high, while Demetrick questions if security will drop as smaller miners exit. Jesse shifts to crypto adoption, suggesting the industry lacks 'wholesome adoption' due to noise from incoherent messaging. The conversation turns to global tech regulations, with Jesse detailing Brazil's new law requiring age verification for all operating systems, app stores, and digital services, with fines up to 50 million Brazilian reals. Corey criticizes such measures as creating data honeypots that worsen security, despite being framed as child protection. They discuss a massive ID.me data breach exposing over 1 billion records, highlighting risks of centralized digital ID. The hosts reflect on crypto's maturity, noting projects like Tally going defunct and the industry's overreliance on hype over substance. Demetrick argues crypto started in the wrong place, attracting scam artists instead of building real value. They conclude with shout-outs, including to Michael B. Jordan's Oscar win, before wrapping up.

As heard by us

A relaxed crypto roundtable uses music discovery to ask what finally makes people choose privacy tech.

The Bitcoin Podcast comes back from a two-week break with Dimitrik, Dr Corey Petty, and Jesse easing back into the room and sorting through what has been on their minds.

Read the full review in PlayNext →

Why you'd press play

You want crypto banter that can jump from music habits to system failure without losing its pulse.

Read the full recommendation in PlayNext →

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from The Bitcoin Podcast