S15 E33: David Bailey on Bitcoin Maximalism & Ordinals

David Bailey is the owner of Bitcoin Magazine. Ideologically, he is a Bitcoin maximalist who wants everything to happen on Bitcoin and get traded for BTC. During this episode, we also mint a special ordinal... which you can buy for 3.125 BTC!

Time stamps:

Bitcoin Maximalism (00:04:03)

Inscribing Ordinal 70326676 on Bitcoin (00:11:57)

Criticism and Autonomy in Transactions (00:22:06)

RGB Protocol and Color Coins (00:25:42)

Bitcoin maximalism and control (00:26:02)

OP_CAT and use cases (00:28:12)

CTV vs. OP_CAT (00:29:35)

Bitcoin fees and self-sovereignty (00:35:32)

Scaling and vision alignment (00:42:39)

Favorite L2 proposals and Lightning Network (00:47:55)

Bitcoin Development and Layer Twos (00:51:41)

BitVM and Rootstock (00:52:35)

BitVM's Impact and Developer Interest (00:54:21)

Layer Two Labs and Bitcoin Unity (00:57:25)

Controversy and Character Assassination (01:00:38)

Tether and Bitfinex (01:07:36)

Liquid and Sidechain Adoption (01:12:36)

Permissionless Transactions and Trust Minimization (01:15:20)

Maximalist Support for Software They Didn’t Test (01:16:48)


The Cult of Satoshi (01:21:29)


Use Cases for Bitcoin (01:22:49)


The Evolution of Bitcoin Conferences (01:23:57)


Building a Global Bitcoin Community (01:25:13)


Importance of Diverse Ideas (01:26:23)


Hyperbitcoinization Mission (01:27:41)


Political Dimensions of Conferences (01:28:19)


Navigating Speaker Boycotts (01:29:24)


Community Engagement and Perspectives (01:30:10)

Maintaining Values in Bitcoin (01:31:12)


Nature of Bitcoin's Value (01:36:20)

Block Size Debate (01:38:22)


Future of Bitcoin Scaling (01:39:58)


Understanding Perspectives (01:41:20)


Shared Cancel Culture Experience (01:42:12)

Advocating for Ross Ulbricht (01:43:08)


Closing Remarks (01:44:06)