stephanlivera
Stephan Livera

After a long and choppy bull-crab market, Dr. Ross notes that the bull market is here!
@npub1k7v…c04l founder, Vailshire Capital Management, joins me to discuss the ongoing sentiment in the markets, global liquidity, pitfalls and opportunities of this bull cycle, holistic living and more!
https://stephanlivera.com/episode/606/

2024-09-23 15:17:29

Bitcoin: On the Way to $400K? with Andrew Edstrom SLP605
Andrew rejoins me to discuss government debt levels, retirement planning on Bitcoin, price modeling, risks of leverage, yield on Bitcoin and more.
https://stephanlivera.com/episode/605/

2024-09-21 05:24:19

Can a Decentralized US become a reality? Ryan McMaken explains
https://m.primal.net/KwRR.mp4

2024-09-20 05:00:24

Is it wrong to take a fiat loan from someone to buy bitcoin and take advantage of someone's information asymmetry? @npub1hxw…40pf explains his thoughts
https://m.primal.net/KvUD.mp4

2024-09-19 12:26:42

@npub139n…kwf4 of @npub1xke…d0en joins me to talk about Bitcoin Custody and Proof of Reserves. Will more Bitcoiners expect Proof of Reserves from their exchanges and custodians?
https://stephanlivera.com/episode/604/

2024-09-19 08:16:26

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Nobody knows

2024-09-19 07:58:42

You can have credit in a full reserve banking system, but it'll be very different to how credit works today.
Credit as it is today is fiat subsidised and backed. So it is artificially cheaper, it causes the boom-bust cycle, and it rewards insiders.

2024-09-19 05:36:10

@npub1xyd…n6n2 shares his insight on the tradeoffs with @npub1nyy…7gan and Bitcoin.
https://m.primal.net/KuYZ.mp4

2024-09-18 06:21:33

Ryan McMaken, Executive Editor and Economist at the Mises Institute, explains the concept of ‘Radical Decentralization’ and why secession is more important now than ever.
https://m.primal.net/KtaC.mp4

2024-09-17 03:48:21

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Definitely get a hardware wallet. Coldcard Q is my favourite (fwiw they sponsor my podcast).
You can use it easily with software such as nunchuk or Sparrow Wallet.

2024-09-17 03:14:22

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No, he's explaining how money can never be stable regardless of if people want power.

2024-09-16 04:40:42

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Not mad but I would expect those to underperform vs Bitcoin HODLing.
That can be OK so long as you go into it with open eyes. What is financially optimal is not necessarily best for your overall balance of self sovereignty.

2024-09-16 04:38:31

Why can't money be stable or neutral? Philipp Bagus explains
https://m.primal.net/KrWH.mp4

2024-09-14 13:00:41

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Damn, a recipe to get inflated away. Hope they learn to HODL before it's too late.

2024-09-14 05:58:47

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overpriced zoom school.
The real export is visas and a pathway to Australian PR and citizenship etc.

2024-09-14 05:53:59

Should the state hold Bitcoin? Explained by @npub1hxw…40pf
https://m.primal.net/KpSs.mp4

2024-09-13 14:20:21

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infinity in nominal terms, sure 😂

2024-09-13 14:05:37

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I know it's a cliche but we are still very early in Bitcoin. CAGR last 10 years is about 60%/year, difficult to consistently beat that. As it tapers down and we get closer to hyperbitcoinization, it'll change.

2024-09-13 08:20:40

Bitcoin, real estate and fiat mining with @npub1hxw…40pf
https://m.primal.net/KoZp.mp4

2024-09-12 09:14:25

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Yeah I hear so much about pickpocketing there, it makes me not want to go

2024-09-12 06:44:49

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Well even if we as private individuals waste our money and spend it inefficiently, we face the market test. We are then forced to correct course or keep on losing money.
It's OK to make mistakes in life but you have to then correct course.

2024-09-12 04:21:24

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Haha I appreciate the sentiment Jake! But for me, I prefer to just focus on the educator / talk show host role for now.
Hopefully there are more people who do step up and go in to bat for liberty and private property though.

2024-09-12 04:18:39

What are the next big things coming for lightning? @npub1xyd…n6n2 explains why it'll be:
1. broader BOLT12 adoption
2. asynchronous payments
that help make bitcoin and lightning private digital cash
https://m.primal.net/KnWT.mp4

2024-09-12 04:06:03

Statists excuse government failure by saying "they didn't have enough budget".
This image is a reflection of how the state spends money.
Without private property, market pricing, and facing a profit and loss test - of course it wastes money. https://m.primal.net/KnVz.jpg

2024-09-12 03:51:03

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Nice talk, aligns with what a lot of us are thinking.

2024-09-12 03:39:32

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When the student is ready, the teacher will appear

2024-09-11 13:14:32

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They will come!

2024-09-11 12:27:11

My latest episode with @npub1hxw…40pf is out! We touch on product market fit for savings, rebalancing, cultural changes on a bitcoin standard, and whether the govt should hold bitcoin
https://stephanlivera.com/602

2024-09-10 05:15:10

Philipp Bagus on the Banking School vs the Currency School, and how this debate remains relevant today on central banking and fractional reserve.
https://m.primal.net/Klck.mp4

2024-09-10 04:54:17

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The road to hell is paved with good intentions...

2024-09-10 04:53:54

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I'm presuming they mean just the big platforms will be required to do age verification e.g. X, FB, IG, TikTok etc.
Still a bad trend to have more govt instead of less govt.

2024-09-10 04:47:31

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And of course, let's not forget the classic meme on this
https://m.primal.net/KlcC.png

2024-09-10 04:44:55

Left wing Australian govt looking to ban children from social media.
This is a classic case of "there oughta be a law". Yes there may be some harm from social media, but that is a role for parents to moderate and control for their children.
It should not be the role of the state to implement some ham fisted policy that also stops children using internet social media in healthy and beneficial ways.
It also represents an unethical imposition onto private companies and software developers who will effectively be coerced to do the state's bidding.
#note1ggq…pdyj

2024-09-09 11:18:48

Can Lightning Liquidity be Solved Using Liquid? Check out my latest ep with @npub1xyd…n6n2 on this question
https://stephanlivera.com/episode/601/

2024-09-06 10:00:39

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Fair point it's been like this for a while, but it is fundamentally a fiat printer subsidised activity. It has reached a point now where it's just ridiculous multiples of median salary in many western countries.
I believe this why housing has been bid sky high and everyday people are struggling to own a home.

2024-09-06 09:52:30

It has become normalized to put down 8-20% for a mortgage downpayment.
I wonder how many people consider that they are effectively going leverage long property approx 5-12x?

2024-09-06 05:11:43

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I'm not talking about the 'difference' between spending or selling, I'm talking about the people who lose faith altogether and sell their Bitcoin to go back to fiat investment (or not investing at all)

2024-09-06 05:10:49

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I'm not one to try and time the market, so for me it's more like
1. Live within your means
2. Stack bitcoin consistently with the difference

2024-09-06 05:06:37

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Love it. It's so cool that people come across podcasts from years ago. Always a pleasure to chat with @npub1der…xzpc

2024-09-06 05:03:44

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As in, if you don't have a strong hand to HODL, you might sell low rather than keep on HODLing

2024-09-06 04:59:56

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It's your life and your choice. But if it was me, I'd sell and flip the shitcoins into bitcoin.

2024-09-06 04:56:36

HODLing is a psychological battle with yourself. How much pain and scorn can you handle from the normie world? What is your pain tolerance for sustaining your HODLer conviction through big 50% or even 80% drawdowns?
Are you willing to think independently and ignore TradFi influencers who preach about being allocated to govt bonds or stock indexes or trying to be a property mogul?
If you do it correctly, you are richly rewarded for HODLing over time - both financially and mentally. If you do it poorly, you risk selling during the drawdowns or hard times.

2024-09-05 13:31:43

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first, the student has to be willing to learn

2024-09-05 10:23:59

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Sure, but depending on the programming that person has received, they might have bought the "corporate greed" line or something else. Takes work to undo the statism...

2024-09-05 10:14:38

When it comes to nostr and getting attacked or censored by the state, surely the state would prefer to go after 'offending' freedom relays before they go for apps?
Maybe it'd end up like how the pirate bay kept resurrecting to different mirrors, servers and countries?

2024-09-05 09:53:57

HODLing and using Bitcoin can be a strange path to follow. At first, you want to try and 'save people'.
Then after a while, you realise you can't save them because lots of people don't want to be saved.
Help the people who are willing to listen, and be patient about it.

2024-09-05 09:29:14

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Congrats Alex!

2024-09-04 05:28:15

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Coldcard Q and nunchuk on your phone is pretty easy. You just need the Q and some batteries, and the rest can be done with QR.
I could probably do a video tutorial on this if there's interest.

2024-09-04 05:05:28

Why does @npub1az9…m8y8 not like USB? see why in this clip
https://m.primal.net/KdQU.mp4

2024-09-03 09:20:04

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Yeah interesting insights. People want things to be 'real' but the attention-economy model doesn't seem to allow for that.

2024-09-03 08:35:58

"Liquid is not that different than a fedimint or an ark. All of these solutions are trying to share the cost of a UTXO." - @npub1ey6…szvp from @npub1jug…fc28 explains some similarities and differences between Liquid, Fedimint and Ark
https://m.primal.net/KbtW.mp4

2024-09-02 06:00:38

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Just doing clips on nostr for now. Full show on nostr probably isn't the right call yet

2024-09-02 05:10:48

Why is the Full Reserve Banking vs Fractional Reserve Banking issue important? Philipp Bagus explains
https://m.primal.net/KZvj.mp4

2024-08-30 04:13:37

What are some of the most common ways people lose their Bitcoin?
@npub1su6…su60 and @npub1az9…m8y8 explain…
https://m.primal.net/KUdy.mp4

2024-08-29 15:31:57

58k gang will have the last laugh. Even after this coming cycle top, for all we know, 58k could be the bottom of the next bear cycle...
#note1lat…a0u3

2024-08-29 11:46:00

my latest episode with Philipp Bagus on Full Reserve Banking vs the "Real Bills" doctrine of Juan Ramon Rallo. We also touch on full reserve in a bitcoin world, and his thoughts on Milei in Argentina.
I think understanding the full reserve question will be important for the development of the bitcoin ecosystem so make sure to tune in and understand what it's about.
https://stephanlivera.com/episode/600/

2024-08-27 15:14:50

So don't the Zuckerberg censorship revelations mean the 2020 election was stolen?
Will Biden or Harris face any consequences for this?

2024-08-27 15:14:17

So don't the Zuckerberg censorship revelations mean the 2020 election was stolen?
Will Biden or Harris face any consequences for this?

2024-08-27 13:56:34

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this is actually why I was hesitant to just post full episodes on here. will probably just do shorts here

2024-08-27 13:54:20

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cool yeah I'll try posting some shorts

2024-08-27 13:27:23

Thoughts on posting videos to nostr? is it clunky or works ok nowadays?

2024-08-27 10:42:37

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mistag, I think this is the right @npub1cn4…3vle

2024-08-27 10:35:14

It's insane to me how bald-faced the lies from Macron are. He claims to support free expression, but apparently for him this includes coercing software devs and entrepreneurs to help the state spy on people or control what may be posted?

2024-07-10 12:08:23

My latest with @npub1dtg…up6m on his book, The Bushido of Bitcoin
https://stephanlivera.com/episode/590/

2024-07-03 12:26:57

Why are some bitcoin blocks empty? Orange Surf from the mempool space team joins me to explain his recent research report on this topic. We discuss:
Why do empty blocks happen?
Comparing empty block rates across mining pools
Firmware and config differences
https://stephanlivera.com/episode/588/

2024-06-29 05:35:00

Today: One Federal Reserve, ~20,000 fiat banks worldwide.
Future: 10 million+ Bitcoin/Lightning banks, with no central bank and no bitcoin bailouts.

2024-06-07 12:27:20

@npub1az9…m8y8 of @npub1wu4…3vw0 on Bitcoin Ossification and Changes SLP582 rejoins me to talk about attitudes on Bitcoin development and consensus changes. We discuss how “ossification” is commonly thrown around, but maybe there is a better term.
https://www.youtube.com/watch?v=ccu6Chk3Xbg

2024-06-06 16:59:11

HODLing Bitcoin is easy mode.
Profitably growing a business in bitcoin terms is hard mode.

2024-06-06 09:17:26

“They (Koreans) want to save, they want long term capital formation…the problem is, in a savings based culture with fiat money, you’re just stealing from everybody and that’s unfortunately what the govt here has done for a long time. I see Bitcoin fitting hand-in-glove with the culture that craves savings - there are so many people within Korea that want to save.” - @npub10vl…sp42
https://m.primal.net/IadM.mp4

2024-06-04 12:53:38

BitcoinSeoul 2024 Interviews SLP581
I caught up with some of the speakers at Bitcoin Seoul, including @npub10vl…sp42 @npub1gdu…6nak @npub1kp7…487l Calvin Kim Gloria Zhao and Laolu (roasbeef)
https://www.youtube.com/watch?v=SiDFXVkPmgY

2024-05-27 13:34:10

Silent Payments is a new approach to improving privacy and useability of Bitcoin. Imagine not needing to manually create new addresses? Josie and Ruben Somsen join me to discuss how it's possible.
Silent Payments overview
Contrast with other techniques such as BIP47
Light client support
Stopping address re-use
Base layer privacy discussion
https://stephanlivera.com/episode/579/

2024-05-26 05:56:05

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Funnily enough the next episode I'm releasing is on silent payments! We can and should get both

2024-05-24 12:57:04

HODLing Bitcoin can be a crazy ride, one day it can seem like the world is against you, and then other days it seems like everything is working out in favour of Bitcoin.
Don't make rash decisions. Do your best to be calm and long term focused.

2024-05-24 12:52:53

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FWIW I didn't notice any different dynamic in this interview to our prior interviews?
The more 'natural' the conversation flows between host and guest though, generally the easier it is for listeners to follow. So I'd say do what feels more natural to you.

2024-05-24 12:48:44

Skot joins me to talk about his project to bring affordable, energy efficient, open source mining to home miners. We discuss:
The current state of open source in bitcoin mining
Bitaxe overview
Why do people do this?
Price and how to set one up
Mining pools
Decentralisation
https://stephanlivera.com/episode/578/

2024-05-24 12:47:00

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thanks fiatjaf!

2024-05-22 17:43:07

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At least listen to the podcast. This is more like adding back old OP codes that used to be in the protocol, but in a safe way.

2024-05-22 11:14:02

@npub179e…lz4s of @npub1jg5…6n8n rejoins me on the show to talk about a new idea for a bitcoin soft fork that hopefully avoids some of the ‘horse trading’ dynamic that existed amongst other proposals. Listen in to learn more about the different paradigm that Rusty introduces here, so that developers can build more functionality and efficiency in, hopefully so that more people can use Bitcoin in self-custody.
Bitcoin Script background
GSR overview
GSR benefits
What is varops
Contrast with APO or LNHANCE?
Will it enable shitcoins and spam?
https://stephanlivera.com/episode/577/

2024-05-21 11:44:09

@npub1yev…qrkl of PayJoin Dev Kit (sponsored by Spiral and Opensats) joins me to discuss how Bitcoin privacy could be improved with more PayJoin adoption. What’s more, it might also benefit users in consolidating their wallets or potentially even fee savings. We discuss how this could be integrated into more bitcoin wallets.
https://stephanlivera.com/episode/576/

2024-05-14 15:17:02

Rapha Zagury, CIO of Swan and Head of Swan Mining rejoins me on the show to talk about a range of topics, from Brazil’s flooding, Bitcoin Mining, Capital Structure, as well as share some insights on speaking to TradFi professionals about Bitcoin.
https://www.youtube.com/watch?v=CiaABJ8aVSI

2024-05-10 11:35:58

The recent BTC++ was a 'meeting of the minds’ for a lot of bitcoin developers, and Brandon Black aka reardencode rejoins me on the show to discuss. We talk about:
Various covenant proposals
What has shifted now in thinking
The promise of Great Script Restoration
Could it have bad side effects?
Doing good engineering
https://stephanlivera.com/episode/573/

2024-05-08 10:28:56

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oh sorry I misread you, my mistake

2024-05-08 10:28:08

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signal has usernames now

2024-05-08 09:55:32

Interesting dynamic here with some users wanting to delete their answers off of StackOverflow but the site is keeping them.
In some ways nostr is the opposite, no? As long as relays have your content, you can't delete it.
But muh EU "right to be forgotten". Which funnily enough always seemed like a statist imposition.
For better or worse, the internet is forever.
https://m.primal.net/IEZU.png

2024-05-07 06:03:22

so many people are going to get rekt by the belief that property values only go up!
property NGD in bitcoin terms

2024-05-06 18:17:26

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perhaps a special case for the USA

2024-05-06 15:57:11

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thanks

2024-05-06 15:46:38

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will do

2024-05-06 15:39:20

Normalize the term 'tax cattle'

2024-05-06 15:36:52

just recorded a great podcast with @npub16c0…6nvr
Hope you guys enjoy it! it'll be out in a day or so

2024-05-06 05:05:20

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Thanks Frank!

2024-05-05 15:32:53

Peruvian Bull, a macro writer and commentator joins me to explain what’s happening with the Japanese economy and how it all ties in with the dollar end game. We discuss:
The impossible trinity for Japan
Japanese government debt
The global JPY carry trade
The impact on the US financial system
https://stephanlivera.com/episode/571/

2024-05-03 11:57:23

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I didn't believe that they had to do that at that point.
But I was also wrong to say that, given the recent events I see more clearly now.
It is wrong and unrealistic to expect martyrdom.

2024-05-03 11:40:44

We should all do what we can, speak out for the cause of bitcoin self custody and financial sovereignty, build what you can and teach who you can.
But I think it's fair to draw the line at not expecting people to 'martyr' themselves at the hands of the state.
For e.g. when I see nym accounts attacking public name and real face people for not being perfectly non-KYC pure, it's just cringe.
You expect that guy to just 'go to jail for the cause'?
Come on now, just encourage people to play their role as best they can.

2024-05-03 11:27:33

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Yea I've heard about that! So many in the EU just asleep at the wheel. They're crying about muh climate scam and racism while all this tyranny is going on.

2024-05-03 11:01:09

The EU may just not make it. People need to speak up against EU tyranny, over taxation and over regulation.
#note1uh0…2sg6

2024-05-03 10:53:22

@npub1w69…zltw of Zaprite rejoins me on the show to discuss recent updates in the space and what’s happening with Zaprite and merchant adoption.
- “Then they fight you” ?
- Chilling Effect
- Zaprite
- Getting Bitcoin Payment Rails Ready
- Gradually, Then Suddenly
- Why hope should not be lost
https://stephanlivera.com/episode/570/

2024-04-29 17:45:32

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Did you listen to the episode though? Perhaps "Slow and Steady" is a better idea than straight up "ossification"

2024-04-29 13:51:48

A lot of people talk about Bitcoin Ossification. Today Steve Lee, Lead at Spiral rejoins me to expand on why this is the wrong idea. We also talk about the recent situation with bitcoin mining pool centralisation and what is driving it.
https://stephanlivera.com/episode/569/