Episode notes
Adam Back Satoshi Nakamoto — the New York Times investigation claims to have found Bitcoin's creator. We break down why it's clickbait. Plus: Iran accepts Bitcoin and USDT for Strait of Hormuz oil tanker tolls, Trump's World Liberty Financial meme coin disaster, and Canada's Liberal convention drops an exit tax bombshell.On this episode of the Canadian Bitcoiners Podcast, Joey and Len dig into the biggest stories of the week across Bitcoin, geopolitics, and Canadian politics.BITCOIN STORIES:The New York Times published a massive investigation claiming Adam Back is Satoshi Nakamoto based on weak circumstantial evidence like double-spacing and the word "dang." We explain why the trail is ice cold and why real Bitcoiners stopped caring about this years ago. Peter Todd, Hal Finney, Len Sassaman — the usual suspects get mentioned, but nobody's signing a message from the Genesis block anytime soon.A Bitcoiner lost over 5 BTC to a fake Ledger app downloaded from the Apple App Store. We break down exactly what went wrong, why you should never enter your seed phrase into any internet-connected device, and why Ledger's confusing app naming made this worse. This is a brutal but necessary reminder about self-custody security.Iran is reportedly setting up a toll system for the Strait of Hormuz, charging $1 per barrel of oil — roughly $2 million per supertanker. Payments accepted in Chinese yuan, Bitcoin, and USDT. We discuss whether this is real or saber-rattling and why no confirmed Bitcoin transaction has surfaced yet.Trump's World Liberty Financial token holders are getting invited to a Mar-a-Lago dinner on April 25th — after enduring a 95% drawdown. The project borrowed $75 million in stablecoins using their native token as collateral. We compare this to Terra Luna and FTX and explain why this is a disgrace.JP Morgan is launching a Bitcoin ETF at just 0.14% fees, and BlackRock is rolling out BITAS — a Bitcoin covered call income ETF. We explain why covered call strategies bleed over time using MSTY as a cautionary tale, and why you should just be buying corn at these levels instead.YouTube continues nuking Bitcoin channels — Bitcoin.com, Bitcoin All Caps, and Bitcoin Magazine all got hit recently. We discuss the broken incentive structure, bot-driven reporting, and why building on centralized platforms is always a risk.Nunchuk released an open-source CLI for AI agents to manage multi-sig Bitcoin wallets. We discuss why trusting AI with irreversible Bitcoin transactions is a terrible idea given how unreliable these models are week to week.CANADA STORIES:The Liberal Party convention featured a former Google executive proposing exit taxes and closing TN visas for Canadians leaving the country — despite the fact that he himself used those exact programs to work abroad. We tear this apart through the lens of The Sovereign Individual and explain why the state is losing control.The Liberals also pushed a social media ban for anyone under 16. We explain why this creates a surveillance honeypot and won't stop a single kid with a VPN and some Bitcoin.Rosedale residents are now paying $200/month for private security patrols after a 30% spike in home invasions. We discuss what this means for the future of policing in Ontario and draw parallels to South Africa.Three Canadian by-elections are happening today. We preview what a Liberal majority means for the next three years under Carney. SPONSORS & LINKS Bull Bitcoin — Buy Bitcoin directly to your own wallethttps://mission.bullbitcoin.com/cbp EasyDNS — Domain registration & EasyMail security.Promo Code: CBPMedia (50% off first cart)⛏️ 256 Heat — Heat your home while mining Bitcoin256heat.com BTC Mentor — Bitcoin security & inheritance planninghttps://btcmentor.io/aff/90/ SUBSCRIBE & FOLLOW Subscribe for weekly episodes every Monday night Join the conversation in the comments⚡ Boost us on your favourite podcasting 2.0 app
