Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale
Bob Burnett is the founder and CEO of Barefoot Mining, focusing on the development of "horse-class" mining sites. He's founded several companies in the Bitcoin mining space, and is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources.
In this episode we discuss:
- Working on early computers at Gateway and turning the HQ into a Bitcoin mining facility
- Protecting the integrity of the Bitcoin base layer
- Bitcoin blockchain as the 'most precious real estate in the world'
- Full blocks and 300,000+ transactions awaiting confirmation
- Bitcoin scaling through layer 2s like Lightning and Fedi
- Block fees poised to increase
- Will there be a Blocksize Wars Part II -- Block *Time* Wars?
- Will people be able to afford to hold their own keys?
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Promotional Links:
- Bitcoin Amsterdam is Oct 12-13 & Bitcoin Nashville is July 25-27, 2024: Get 10% off your passes using the code HODL at https://b.tc/conference
- Fold is the best Bitcoin rewards debit card and shopping app in the world. Get 10,000 satoshis when you sign up and spend $20 on the card: https://www.foldapp.com/natalie
- Coinkite is your go-to tech company for top-notch Bitcoin custody solutions, including the cold card wallet. Get 5% off using my link: https://store.coinkite.com/promo/COINSTORIES
- CrowdHealth offers the Bitcoin community alternative to health insurance. I spent $100 a month on my health care. Sign up at https://www.joincrowdhealth.com/natalie
- The Orange Pill App is building the social layer for Bitcoin: http://signup.theorangepillapp.com/op....
- If you're looking for the highest-quality sustainable pork, steak and seafood products, look no further than Campo Grande. For $20 off use code HODL: https://eatcampogrande.com/HODL
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This podcast is for educational purposes and should not be construed as official investment advice.
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VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS
- Strike ID https://strike.me/coinstoriesnat/
- Cash App $CoinStories
- BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d
#money #Bitcoin #investing
More description
Bob Burnett is the founder and CEO of Barefoot Mining, focusing on the development of "horse-class" mining sites. He's founded several companies in the Bitcoin mining space, and is a vocal proponent for the expansion of diversity in Bitcoin mining site geography, scale, and energy sources.
In this episode we discuss:
- Working on early computers at Gateway and turning the HQ into a Bitcoin mining facility
- Protecting the integrity of the Bitcoin base layer
- Bitcoin blockchain as the 'most precious real estate in the world'
- Full blocks and 300,000+ transactions awaiting confirmation
- Bitcoin scaling through layer 2s like Lightning and Fedi
- Block fees poised to increase
- Will there be a Blocksize Wars Part II -- Block *Time* Wars?
- Will people be able to afford to hold their own keys?
--
Promotional Links:
- Bitcoin Amsterdam is Oct 12-13 & Bitcoin Nashville is July 25-27, 2024: Get 10% off your passes using the code HODL at https://b.tc/conference
- Fold is the best Bitcoin rewards debit card and shopping app in the world. Get 10,000 satoshis when you sign up and spend $20 on the card: https://www.foldapp.com/natalie
- Coinkite is your go-to tech company for top-notch Bitcoin custody solutions, including the cold card wallet. Get 5% off using my link: https://store.coinkite.com/promo/COINSTORIES
- CrowdHealth offers the Bitcoin community alternative to health insurance. I spent $100 a month on my health care. Sign up at https://www.joincrowdhealth.com/natalie
- The Orange Pill App is building the social layer for Bitcoin: http://signup.theorangepillapp.com/op....
- If you're looking for the highest-quality sustainable pork, steak and seafood products, look no further than Campo Grande. For $20 off use code HODL: https://eatcampogrande.com/HODL
--
This podcast is for educational purposes and should not be construed as official investment advice.
--
VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS
- Strike ID https://strike.me/coinstoriesnat/
- Cash App $CoinStories
- BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d
#money #Bitcoin #investing
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