On The Brink with Castle Island

Veteran Bitcoin commentator and inventor of Drivechains Paul Sztorc joins the show to talk Bitcoin's sustainability and the role of merged mined side chains. In this episode:  Why Paul is the ‘Steely Dan’ of Bitcoin Revisiting ‘Measuring decentralization’ Revisiting Paul’s argument on Proof of Stake being veiled PoW Why you should roll your own statistics Concentration of power in miners and mining pools Is PoW worthless if it isn’t challenged? How Bitcoin energy FUD is based on neo-malthusianism The Julian Simon / Paul Ehrlich wager Why none of our resources are finite How climate change diplomacy is neo-colonial Why and when innovation happens Why Paul is a critic of Bitcoin development culture Paul’s critique of Stock to Flow Why Bitcoin culture is static Why Bitcoin needs more satire Bitcoin fees are 80-100x less than those of Ethereum Why BTC fees are not sustainably high Why Bitcoin fees and security budget need to grow over time Can you just wait for more confirmations if security spend declines Are f