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Build With Bitcoin
"Build With Bitcoin" is a podcast and advisory services company. We are your insider source to the innovators, investors, and thought leaders demonstrating that Bitcoin is far more than a digital currency, but a pivotal technology platform.
Tune in on YouTube, Spotify, Apple Podcasts, and more.
A list of all episodes and a link to subscribe to show updates is available at: https://buildwithbitcoin.xyz
About the Co-Hosts:
Lynne - A Bitcoiner since 2013, Lynne is an entrepreneur and investor, co-founding MITA Ventures in 2012 after transitioning from Wall Street and traditional finance at Merrill Lynch. She's an active mentor at Google for Startups in Mexico/LatAm.
Israel - An entrepreneur in the Bitcoin space since 2014, co-founded a company for remittances. Curious minded and analytical, has held different roles within Venture and Finance. He actively supports technology ventures in the LatAm region.
DISCLAIMER Build With Bitcoin podcast is for educational purposes only and does not give financial advice.
Build With Bitcoin
033 - Bob Burnett, Deep Dive: Block Space Scarcity
The conversation delves into the concept of block space within the Bitcoin network, exploring its implications for miners, nations, and economic sovereignty.
Bob Burnett discusses the role of miners, the geopolitical aspects of block space, and the future of mining in a world where access to block space is crucial for maintaining economic independence. The discussion emphasizes the need for predictability in transaction costs and availability, as well as the potential for banks and corporations to dominate the mining landscape. The discussion highlights the absolute scarcity of both Bitcoin and block space, positioning them as critical components of the future financial ecosystem.
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Get more personalized onboarding with our partner River for Bitcoin-only financial services:
💰 https://partner.river.com/buildwithbitcoin
Chapters
00:00 Understanding Block Space and Its Importance
06:11 The Role of Miners in the Bitcoin Network
11:56 Geopolitical Implications of Block Space
18:11 Economic Sovereignty and Access to Block Space
23:59 The Future of Mining: Corporations and Nations
29:58 Block Space as a Commodity
35:55 The Evolution of Bitcoin Mining Revenue
39:46 The Future of Bitcoin as a Transaction Medium
44:03 The Shift from Subsidy to Fees in Bitcoin Mining
49:16 Preparing for a Block Space Marketplace
56:02 The Emergence of a Block Space Commodity Marketplace
01:01:12 Insurance and Risk Management in Block Space Transactions
01:06:03 The Scarcity of Bitcoin and Block Space
References:
https://www.barefootmining.com/
Previous BwB Episode "Bob Burnett: Building with a 1,000 year Lens"
https://www.buildwithbitcoin.xyz/
https://x.com/BuildwBitcoin
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❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional.
