Satoshi's Plebs

For the final episode of Satoshi’s Plebs, McIntosh and Kenshin reflect on the journey of the show, their enduring conviction in Bitcoin, and the reality that life, work, and new ventures have made it impossible to keep the podcast going at the level it deserves. They talk about the current Bitcoin landscape, from falling hash rate and mining companies pivoting to AI, to renewed ETF activity and the growing role of Bitcoin in global trade. Throughout it all, their message stays the same: Bitcoin remains a long-term savings technology, and their belief in it has only grown stronger. The heart of the episode is the goodbye. They share that ending the show is not a step away from Bitcoin, but a necessary choice as they pour their time into new projects, including Arx Labs and a new AI-focused podcast, The AI Strategy Show, launching April 30. They thank listeners for the support, the boosts, the time, and the sense of community that made the podcast special. It is a warm, grateful closing to a show that became much more than just a weekly Bitcoin conversation. Bitcoin Price at Time of Recording April 14, 2026: 74,500 $USD | 63,250 €EUR Block Height 945,078 Music Credits Kazuki Tokaji Alive for Tomorrow Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

Episode 250 of Satoshi’s Plebs is a milestone show and a bit of a release party, as McIntosh and Kenshin pull back the curtain on a new AI-focused business venture: Arx Labs. The conversation centers on the opportunity they see in bringing practical, managed AI agents to small and medium-sized businesses in a way that is simple, affordable, and actually usable for non-technical people. They also reflect on the current state of open-source AI tooling, the fast-moving nature of the market, and why this moment feels like the right time to start building. Along the way, the episode keeps the familiar Satoshi’s Plebs spirit, with some Bitcoin housekeeping, a nod to listener support, and a reminder that Bitcoin and innovation still go hand in hand. Even though it is a shorter episode, it feels like an important one: part celebration, part announcement, and part encouragement for listeners to keep stacking sats, keep building, and take advantage of the new tools now becoming available. Bitcoin Price at Time of Recording March 31, 2026: 67,920 USD | 58,640€EUR Block Height 943,098 News and Notes https://arx-labs.com Music Credits Jaded Jester Nothing Left to Say Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, McIntosh and Kenshin talk through what it actually looks like to start building a business from scratch in a world shaped by both Bitcoin and AI. The conversation stays practical and grounded, covering the excitement of new ideas, the frustration of getting tools and workflows to behave reliably, and the reality that building something useful is usually messier and slower than people like to admit. They also dig into the bigger picture of what kinds of businesses might make sense going forward, especially ones built around Bitcoin payments, Lightning, sovereignty, and automation. Along the way, they reflect on common reasons Bitcoin-focused projects struggle, why user experience still matters, and how AI may lower the barrier for individuals and small teams to launch real products. The result is a thoughtful discussion about opportunity, timing, and what it takes to turn an idea into something sustainable. Bitcoin Price at Time of Recording March 24, 2026: 69,300 $USD | 59,800 €EUR Block Height 942,036 Music Credits Jaded Jester Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode of Satoshi’s Plebs, McIntosh and Kenshin explore how Bitcoin is reshaping the payment landscape for merchants and consumers, focusing on the concept of “settlement rails” and what happens behind the scenes when money moves. They break down traditional systems like credit cards, ACH, and wire transfers—highlighting fees, delays, intermediaries, and chargebacks—before contrasting them with Bitcoin’s base layer and the Lightning Network, where transactions can be faster, cheaper, and final. The conversation makes a compelling case for why merchants should care, from reducing fees to gaining more control over their revenue. Along the way, the hosts share practical insights on getting started with Bitcoin as a business, including custodial vs. self-custodial setups, tools like BTCPay Server, and real-world tradeoffs like volatility, UX challenges, and accounting hurdles. They also touch on broader themes like financial sovereignty, the evolving role of AI in their workflows, and the importance of education and adoption at the local merchant level. The episode blends technical depth with real-world perspective, offering a grounded look at what it actually takes to bring Bitcoin into everyday commerce. Bitcoin Price at Time of Recording March 10, 2026: 70,700 $USD | 60,700 €EUR Block Height 941,041 News and Notes https://nirvati.eu/ https://www.takemysats.com/ https://btcpayserver.org/ https://btcmap.org/ Music Credits Jaded Jester Nothing Left to Say Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, McIntosh and Kenshin reflect on a major Bitcoin milestone and use it as a jumping-off point for a broader conversation about where Bitcoin came from and why its foundations still matter. Along the way, they mix in some personal updates, thoughts on technology, and the bigger picture of how digital tools are changing the way we live and work. The discussion then turns to the Cypherpunk Manifesto and the lasting importance of privacy, encryption, and individual freedom in an increasingly digital world. The episode connects those earlier ideas to Bitcoin today, exploring how questions of money, privacy, and control remain just as relevant now as ever. Bitcoin Price at Time of Recording March 10, 2026: 70,700 $USD | 60,700 €EUR Block Height 940,146 News and Notes Stacks Satoshi's Nostr pubkey npub1dvzdf3tlrjcz54hjgjmdlvzgdzglsp59e6t9a05jdpwq8qmf7cgs59sjty Music Credits Jaded Jester Nothing Left to Say Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

McIntosh and Kenshin check in and talk about navigating the bear market with a clear head—how to think about volatility, keep perspective, and stay focused on stacking and building instead of stressing over day-to-day price swings. They also touch on how Bitcoin has been behaving in broader markets and why that doesn’t necessarily change the long-term thesis. They wrap with a few updates from the week, some thoughts on where tech and privacy are heading, and the usual network stats before closing out with a music pick and a reminder to stay humble and keep stacking. Bitcoin Price at Time of Recording March 3, 2026: 68,500 USD | 59,100 Euro Block Height 939,170 Music Credits Nope Tick Tock Next Block Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

This week on Satoshi’s Plebs, McIntosh flies solo while Kenshin takes the week off, and uses the downtime to riff on a question that’s been nagging at him: how does AI actually “pay for things” once agents start doing real work in the world? He shares a bit of personal momentum—how fast modern AI tooling is letting him build software—and then pivots into why Bitcoin (especially Lightning, and possibly eCash backed by Bitcoin) feels like the most natural settlement layer for agent-to-agent commerce. The big theme is that as agents become more autonomous—and as companies demand standards around security, skills, and guardrails—payments can’t stay “free” forever. McIntosh argues that Bitcoin’s divisibility and existing infrastructure make it a strong candidate for the default money of AI-to-AI microtransactions, and he leaves listeners with a question: are you ready for a “Jarvis” doing tasks for you… and do you think those agents will end up transacting in sats? Bitcoin Price at Time of Recording February 18, 2026: 66,484 USD | 56,392 Euro Block Height 937,273 Music Credits Abel James Voodoo Queen Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

This week McIntosh and Kenshin tackle the part of Bitcoin everyone thinks they understand… right up until a transaction gets stuck: fees, mempool dynamics, and UTXO hygiene. They frame fees as a live market for scarce blockspace, explain what you’re actually paying for (sats/vbyte), and show how transaction “weight” changes based on inputs/outputs—why a “cheap” fee rate can still be expensive if your transaction is big. They also cover the two practical “escape hatches” when things go sideways—RBF (Replace-By-Fee) and CPFP (Child Pays For Parent)—plus why wallet fee estimators can be misleading and why mempool visibility matters. Finally, they get into UTXO management: why too many small UTXOs (“dust”) can become unspendable in high-fee environments, and why low-fee periods are the time to consolidate, not when you’re already in a firefight. Bitcoin Price at Time of Recording February 10, 2026: 68,907 USD | 57,884 Euro Music Credits Abel James Voodoo Queen Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

This week Macintosh and Kenshin break down Bitcoin multisig: what it is, why it exists, and how it reduces single points of failure in self-custody. They walk through common setups (1-of-2, 2-of-2, 2-of-3, 3-of-5), why complexity is both a feature and a risk, and best practices like geographic distribution, avoiding single-vendor signer risk, and testing recovery before you commit meaningful funds. The guys also touch on the rise of AI “agent” tooling (and why you should be careful with security/permissions), then close with market/news items including Helix mixer seizure headlines, state-level Bitcoin reserve chatter, current BTC price levels, and mining stats (difficulty adjustment / blocks behind). Bitcoin Price at Time of Recording Feb 3rd, 2026: $74,790 USD | 63,500 Euro Block Height at Time of Recording 934,890 News and Resources Bitcoin Wiki https://en.wikipedia.org/wiki/Shamir’s_secret_sharing https://seedhammer.com Music Credits Joe Martin Empty Passenger Seat Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In Episode 242 of Satoshi’s Plebs, McIntosh and Kenshin talk through how Bitcoin serves the unbanked—people with little or no access to traditional banking due to geography, documentation, KYC/AML barriers, profit-driven gatekeeping, political targeting, and capital controls. They frame Bitcoin’s core advantage as permissionless access: it doesn’t care who you are or where you live—only whether you control your keys. They keep it honest by covering the hurdles too: education, infrastructure, custody risks, and volatility. The episode closes with a dignity-focused point: giving someone in a remote village the ability to securely save and transact can change their long-term outlook and put them on a more level playing field globally. Bitcoin Price at Time of Recording Jan 28th, 2026: $88,981 USD | 74,466 Euro Block Height at Time of Recording 934,115 Music Credits Joe Martin - Empty Passenger Seat Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

Episode 241 is a “look back to look forward” kind of conversation: Kenshin and McIntosh talk through a rough week, the grind of finishing projects, and the mental toll of doom-and-gloom news cycles—then deliberately pivot to a more optimistic, long-term lens. McIntosh also shares early progress on a new open-source side project: a Nostr-powered, end-to-end encrypted “email-like” messaging concept that adds tiny Satoshi payments to discourage spam and compensate the servers relaying/storing messages. From there, the episode zooms out into Bitcoin perspective. Using their own episode archive as a timeline, they revisit key moments from 2021–2022 to underline the core message: ignore the panic, keep a low time preference, and DCA—especially when sentiment is bleak. They close with the usual metrics (price, market caps, hash rate/difficulty notes, halving countdown), a listener boost, and a reminder to support the show via value-for-value and reviews. Bitcoin Price at Time of Recording Jan 20th, 2026: $89,800 USD | 76,500 Euro Block Height at Time of Recording 933,128 Music Credits Joe Martin - Empty Passenger Seat Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

Episode 240 is a wide-ranging catch-up that turns into a love letter to “running Bitcoin.” McIntosh and Kenshin swap life updates (including Kenshin’s push to launch a new project and McIntosh’s experiments with ChatGPT/Codex), then McIntosh shares a big workflow win: an automated script that pulls episode data straight from the RSS feed to generate the show’s episode pages—turning a manual, repetitive task into a quick, repeatable process. From there, the conversation pivots into Bitcoin history and self-sovereignty, using Hal Finney’s famous “Running Bitcoin” post as the jumping-off point. They break down why nodes matter, what it means to run one (including Bitcoin Core vs. Knots, Electrum indexing, and Tor vs. clearnet), and compare their own setups—StartOS, DIY server setups, and newer projects like Nirvati/Yantra. They close with news and notes on Europe’s push toward a digital euro and tightening “travel rule” compliance, plus examples of Bitcoin and decentralized communication tools being used amid censorship and unrest—reinforcing the episode’s core theme: running your own infrastructure is how you reclaim privacy, resilience, and freedom. Bitcoin Price at Time of Recording Dec 10th, 2025: $94,180 USD | 80,800 Euro Block Height at Time of Recording 932,159 News and Resources Nirvati Nirvati Gitlab Music Credits Joe Martin Empty Passenger Seat Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

McIntosh and Kenshin return after a two-week holiday break to discuss their predictions for 2026. They commemorate the 17th anniversary of Bitcoin's Genesis block (January 3, 2009) and discuss the upcoming anniversary of the first Bitcoin transaction to Hal Finney. Kenshin surprises by flipping bullish for 2026 despite his previous bearish stance, while both hosts share personal goals including potential career changes. They cover Bitcoin Core bugs, Ledger security breaches, and debate whether the four-year cycle pattern will finally break. Bitcoin Price at Time of Recording Jan 6th, 2025: $91,180 USD | 78,000 Euro Block Height at Time of Recording 931,313 Music Credits My Favorite Band - Racer Wide Number Two Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this year-end review episode, we take an honest look at our 2025 predictions and how they held up against reality. Bitcoin started the year around $94k with high expectations, hit $122k in October, but closed near $87k - not quite the moonshot we anticipated. The institutional adoption we were excited about brought mixed results, with Wall Street playing their own games rather than simply pumping the price. We reflect on what went right and wrong this year - from the disappointing lack of meaningful progress on the Strategic Bitcoin Reserve to the continued regulatory challenges in Europe. Despite missing our price targets, the fundamentals remain strong and adoption continues to grow. Bitcoin Price at Time of Recording Dec 23rd, 2025: $87,770 USD | 74,450 Euro Block Height at Time of Recording 929,162 Music Credits The Top Hats Orchestra - Nut Cracker Suite The Top Hats Orchestra - Let It Snow In this year-end review episode, we take an honest look at our 2025 predictions and how they held up against reality. Bitcoin started the year around $94k with high expectations, hit $122k in October, but closed near $87k - not quite the moonshot we anticipated. The institutional adoption we were excited about brought mixed results, with Wall Street playing their own games rather than simply pumping the price. We reflect on what went right and wrong this year - from the disappointing lack of meaningful progress on the Strategic Bitcoin Reserve to the continued regulatory challenges in Europe. Despite missing our price targets, the fundamentals remain strong and adoption continues to grow. Bitcoin Price at Time of Recording Dec 23rd, 2025: $87,770 USD | 74,450 Euro Block Height at Time of Recording 929,162 Music Credits The Top Hats Orchestra - Nut Cracker Suite The Top Hats Orchestra - Let It Snow Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, Mcintosh and Kenshin discuss the IMF's influence over El Salvador's Bitcoin adoption, exploring how international financial institutions exert control over sovereign nations through monetary policy. The conversation expands to examine France's ongoing monetary colonialism in Africa through the CFA franc system, and how organizations like the IMF enable economic control over developing nations. The hosts also debate different forms of governance, from monarchies to democracies, and their long-term impacts on nations and families. Along the way, they cover personal updates including Kenshin's unexpected ban from Claude AI, mining developments in China, Japan's massive stimulus budget, and various Bitcoin ecosystem updates. Bitcoin Price at Time of Recording Dec 17th, 2025: $85,700 USD | 72,991 Euro Block Height at Time of Recording 928,310 News and Resources https://www.reuters.com/world/asia-pacific/japan-passes-118-billion-extra-budget-fund-its-biggest-post-covid-stimulus-2025-12-16/ https://www.cryptopolitan.com/china-btc-miners-shut-down-hashrate-amid-ccp-scrutiny/ Boss Challenge Music Credits The Top Hats Orchestra - I've Got My Love To Keep Me Warm The Top Hats Orchestra - A Charlie Brown Christmas Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, McIntosh and Kenshin react to the Federal Reserve's latest quarter-point rate cut and discuss its implications for Bitcoin. They explore the broader economic landscape, including concerns about AI's impact on employment and the economy, the potential for an AI bubble, and what various economic scenarios could mean for Bitcoin's future. The hosts also touch on the challenges of monetary policy, inflation targets, and housing markets in both the US and Sweden. They wrap up with updates on Bitcoin mining hardware, open-source development opportunities, and current market metrics. Bitcoin Price at Time of Recording Dec 10th, 2025: $92,860 USD | 79,500 Euro Block Height at Time of Recording 927,308 News and Resources https://www.businessinsider.com/yen-carry-trade-boj-japan-interest-rate-hike-stocks-bonds-2025-12 https://www.theblock.co/post/380466/texas-reportedly-kicks-off-state-bitcoin-reserve-5-million-ibit-purchase https://www.theblock.co/post/380056/hoskinson-involves-fbi-after-developers-careless-experiment-splits-cardano-blockchain https://finance.yahoo.com/news/us-fed-ends-qt-13-095949732.html 1971 charts https://wtfhappenedin1971.com/ Music Credits My Favorite Band - Racer Wide Number Two Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

McIntosh and Kenshin explore the dangerous world of "fiat games" and their consequences across global markets. They discuss Cardano's spectacular collapse after an AI-assisted coding error split the blockchain, triggering FBI involvement, and celebrate Texas becoming the first US state to actually purchase Bitcoin with $5M in iBit ETF. The Federal Reserve's pivot back to quantitative easing with a liquidity injection draws parallels to COVID-era money printing that launched Bitcoin from $3,800 to $29,000. The Japan carry trade unwind takes center stage as rising interest rates force massive deleveraging, with Bitcoin serving as the "canary in coal mine" through overnight liquidations. The episode explores Austrian versus Keynesian economics and sobering statistics from https://wtfhappenedin1971.com showing how abandoning the gold standard distorted everything from housing affordability (average first-time buyer now age 40) to soup prices—proving that playing fiat games only wins you fiat prizes. Bitcoin Price at Time of Recording Dec 4th, 2024: $92,800 USD | 79,500 Euro Block Height at Time of Recording 926,308 News and Resources https://www.businessinsider.com/yen-carry-trade-boj-japan-interest-rate-hike-stocks-bonds-2025-12 https://www.theblock.co/post/380466/texas-reportedly-kicks-off-state-bitcoin-reserve-5-million-ibit-purchase https://www.theblock.co/post/380056/hoskinson-involves-fbi-after-developers-careless-experiment-splits-cardano-blockchain https://finance.yahoo.com/news/us-fed-ends-qt-13-095949732.html 1971 charts https://wtfhappenedin1971.com/ Music Credits My Favorite Band - Racer Wide Number Two Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this Thanksgiving-themed episode, McIntosh and Kenshin discuss what they're thankful for regarding Bitcoin. They reflect on their gratitude lists from the previous year and share new perspectives, including appreciation for Bitcoin's educational value in economics, its ability to encourage long-term thinking, and the growing possibility of it becoming a neutral global reserve currency. They also discuss local Bitcoin meetups, recent market volatility showing over 8% of Bitcoin moving in the last seven days, and current price action following a significant draw down from October's all-time high. The hosts debate whether Bitcoin remains in a bull market or has entered a bear phase, with differing perspectives on what patterns suggest for the future. Bitcoin Price at Time of Recording Nov 5th, 2025: $86,800 USD | 74,900 Euro Block Height at Time of Recording 925,159 Episode Page https://satoshis-plebs.com/episode-234 Music Credits Joe Martin The Jetsons Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, McIntosh and Kenshin dive into the current Bitcoin market conditions and whether we're heading into a bear market. With Bitcoin hovering around $83,000—down roughly 34% from its all-time high—the hosts debate what historical patterns suggest versus what unique factors might be at play this cycle. They discuss the impact of ETF selling pressure (including BlackRock's record outflows), institutional buying from El Salvador and MicroStrategy, and the macroeconomic forces that could shape Bitcoin's trajectory in the coming months. The conversation touches on potential U.S. monetary policy shifts, the effectiveness of recent economic measures, and why the hosts believe DCA remains the smartest strategy regardless of short-term price action. Whether you're nervous about the dip or seeing it as a buying opportunity, this episode offers perspective on staying grounded during volatile times. Bitcoin Price at Time of Recording Nov 21st, 2025: $83,500 USD | 72,500 Euro Block Height at Time of Recording 924,609 Episode Page https://satoshis-plebs.com/episode-233 Music Credits Joe Martin The Jetsons Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!

In this episode, hosts McIntosh and Kenshin explore whether quantum computing poses a real threat to Bitcoin. They discuss findings from the Presidio Bitcoin Quantum Summit, where experts' concern about cryptographically relevant quantum computers arriving within 5-20 years increased after the event. However, the hosts emphasize this is not an imminent threat—current quantum computers are extremely expensive, error-prone, and nowhere near capable of breaking Bitcoin's cryptography. Solutions like BIP 360 are already being proposed to implement quantum-resistant algorithms when needed. Bitcoin Price at Time of Recording Nov 5th, 2025: $104,436 USD | 90,800 euro Block Height at Time of Recording 922,362 Episode Page https://satoshis-plebs.com/episode-232 Music Credits Joe Martin The Jetsons Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you! We are looking forward to hearing from you!