In this episode, Pierre Rochard revisits his foundational experience with the Nakamoto Institute and its influence on bitcoin philosophy, including "Hyperbitcoinization" and "Speculative Attack." Rochard recounts his transition from an accountant to software engineer to product manager at Kraken, emphasizing the importance of the 'don\u2019t trust, verify' approach in his work. He tackles common bitcoin misconceptions, the New York Times environmental impact controversy, and the future of Bitcoin mining amidst halving block rewards. Rochard critically assesses the Stock-to-Flow concept and shares his bullish outlook for bitcoin.
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TIMESTAMPS:
00:00:00 Intro
00:01:22 The Nakamoto Institute and speculative attacks
00:07:03 Why are we not seeing more speculative attacks?
00:13:42 Auditing Everything
00:18:29 Building bitcoin products
00:22:02 What are we wrong about?
00:24:04 Auditing bitcoin miners emitting CO2
00:31:20 2024 halving from a miner\u2019s perspective
00:39:40 Auditing the S2F model and concept
00:44:56 Auditing Artificial Intelligence
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