IN THIS EPISODE, YOU’LL LEARN:
- Why is building an ASIC like building a high-performance race car?
- How do you think through production and reliability when building an ASIC?
- How can one test the reliability of an ASIC when it's actual performance is always on?
- What is the Blockstream BASIC note?
- What was the performance of the previous Blockstream Mining Note and how is it different than the BASIC?
- Why is there so much inventory of ASICs on the market right now?
- Some people say layer 1 bitcoin might become too costly and layer 2 can't scale, what are your thoughts?
- What is Adam's thoughts on drivechains?
- Are there other blockchains that have experimented with OP CATs that were originally coded into Bitcoin but now are turned-off for safety reasons?
- Do we even need more scripting on layer 1 for Bitcoin to solve "clown world"?
- Are engineers being reasonable with the speed at which they want to roll-out updates?
BOOKS AND RESOURCES
- Adam Back's Twitter.
- Information about the Blockstream BASIC note.
- Information about the Blockstream ASIC they are building.
- Information about Drivechains on Bitcoin.
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!
SPONSORS
- Invest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.
- Reach the world’s largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!
- Invest in some of the top private, pre-IPO companies in the world with Fundrise.
- Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.
- Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.
- Beat FOMO and move faster than the market with AlphaSense.
- Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance for free.
- Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.
- Send, spend, and receive money around the world easily with Wise.
- Be confident that you’ll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.
- Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.
- Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.
- Return to the all-access world of the rich and powerful. Don’t miss new episodes of Billions streaming now on Paramount Plus with Showtime plan.
- Support our free podcast by supporting our sponsors.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.