S16 E49: Jay Berg on Bitcoin, SidePit & Maximalism

Jay Berg joined Bitcoin in 2010 and became the first person to tweet about BTCUSD when the price hit a new high of $12. In this episode, he talks about why most Bitcoiners are wrong in their recent filter debate and how SidePit aims to fix trading.

Time stamps:

00:01:57 - Hot take: Maxis wrong, shitcoining new Bitcoining
00:03:00 - Bitcoin kernel: Litecoin, Ethereum, Zcash, Lightning, Liquid
00:03:23 - Bitcoin failed as P2P cash
00:04:09 - Filters vs. OP_RETURN debate
00:05:18 - Luke Dash Jr. fork prediction
00:05:45 - Original sin: No OP_CTV (BIP 119)
00:06:47 - 2017 civil war: Gavin Andresen, Mike Hearn
00:07:45 - Craig Wright conspiracy
00:08:42 - Wright intro: Bitcoin Belle, Gavin signing (2015)
00:09:32 - Debate with Nick Szabo
00:10:02 - Szabo denies Satoshi; Hal Finney, John Nash possibles
00:11:05 - Civil war apology
00:12:08 - Shitcoiner as new maxi
00:12:42 - Code over 21M meme
00:13:58 - Jay's background: Bloomberg, EURUSD
00:14:49 - 1998 digital cash, double spend
00:15:39 - Fortress HFT
00:17:03 - Bitcoin discovery (2009)
00:18:36 - BTCUSD tweets: Newberg Consulting
00:20:00 - 2010-2014 decentralized era
00:21:10 - Roger Ver adoption (2011)
00:21:30 - BitMEX on 2010 data debates
00:22:01 - OP_RETURN war: Counterparty, Omni
00:22:34 - Ethereum rise
00:23:13 - CP FUD on chain
00:23:36 - Cognitive dissonance
00:24:30 - Ethereum wars: Jimmy Song, Samson Mow
00:25:01 - Ethereum scales Bitcoin tweet
00:27:11 - Plebs control post-2017
00:28:05 - 21M changeable
00:29:06 - BIP 42: Pieter Wuille
00:30:23 - Security budget FUD
00:30:57 - Ethereum VM anti-pattern
00:32:25 - Rock-paper-scissors example
00:35:03 - MEV in DeFi
00:38:12 - Ethereum scales post-war
00:38:45 - Roger Ver buy Core attempt
00:38:52 - Luke Jr. block increase
00:39:38 - OP_CTV from no two-way peg
00:40:05 - Blocked by Adam Back
00:41:36 - Full RBF issue
00:42:10 - Sponsor: Layer2 Labs, Paul Sztorc, Drivechain (BIP 300)
00:42:35 - Sidechains: Thunder, Zside, BitAsset, EthSide
00:43:45 - Litecoin BIP 300 test
00:44:26 - Lightning not Bitcoin
00:45:44 - Sponsor: Citrea ZK rollup
00:46:02 - DeFi, Tornado Cash on Bitcoin
00:47:29 - OP_RETURN bytes need
00:50:02 - Lightning custodians
00:50:58 - Lightning as Bitcoin how?
03:26:01 - Zcash soft fork (2013)
03:26:42 - Trump Ethereum: World Liberty
03:27:50 - BIP 300, OP_CTV excitement
03:28:38 - Stubborn fork potential
03:28:49 - Stamp JPEG issue
03:29:11 - Luke Jr. denial
03:30:28 - No real JPEGs
03:32:24 - Gloria Zhao attack
03:32:54 - Matthew Kratter channel
03:33:21 - Mechanic handler theory
03:34:38 - Luke lost Bitcoin
03:35:48 - Richard Heart Hex debate
03:37:20 - Maxi used ETH
03:37:51 - Gresham's law
03:38:56 - Jason Lowery defense
03:40:31 - Naka, David Bailey
03:41:34 - Maxi cycle
03:42:23 - Cult elements
03:42:52 - Hypocrisy: Dogecoin, Litecoin
03:43:30 - Freedom Index: Monero, Zcash, Pirate, Zano, Nym
03:45:43 - Nym mixnet
03:46:44 - Zano tokens, FUSD
03:48:23 - Roger Ver Zano
03:49:40 - Saberhagen Cryptonote
03:51:55 - Alpha vs beta
03:55:10 - Ethereum leveraged BTC
03:56:21 - Opportunity
03:58:21 - Dorsey funding
03:58:51 - Renaissance or burn
03:59:30 - Number up vs fundamentals
04:00:28 - Success/failure
04:02:17 - Laszlo Pizza fear
04:03:00 - Swaps
04:03:24 - Lightning failure
04:04:30 - Platforms differences
04:05:56 - Shitcoiners new
04:07:20 - No blockchain solve?
04:08:49 - 2010-14 decentralized
04:09:40 - Mt. Gox exchanges
04:10:59 - SidePit swaps
04:11:18 - Follow: sidpit.com, JAYBNY
04:11:51 - Launch Q404:15:01 - Next: Sean Bowe Tachyon
04:15:13 - Sponsors: SideShift, Citrea, LayerTwo Labs, Bitcoin dot com News, Noones