Bitcoin Takeover Podcast
BTC Takeover
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S17 E26
Steve Thurmond, Calin Culianu & The Phenomenal Big Blockers
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01:09 Intro: nine years since the big split
02:15 Sponsors: Cake Wallet, LayerTwo Labs, Sideshift & Orange Rock
02:37 Steve: BCH isn’t what you think it is
04:40 Who is behind Bitcoin Cash now?
06:34 The “Roger created BCH” psyop
07:53 Vlad: what bothered me about the “real Bitcoin” campaign
09:46 Calin: Bitcoin was captured so it couldn’t replace fiat
11:48 Vlad’s Lightning disillusionment
16:14 Blockstream’s funding: AXA, DCG & Mastercard
22:12 Lightning’s own math: 133MB blocks for 2 txs a year
24:02 Vlad’s confession: I felt like a fraud
26:15 Ethereum: the real winner of the block size wars
27:54 The bankers won, but the genie is out
32:16 Calin: fire Bitcoin Core
33:16 The wall of consensus & the BIP 110 cult
37:47 Steve: a BTC maxi from 2011 to 2023
42:48 Calin’s mission: completing Satoshi’s work
47:17 Cash Stamps: free BCH for the audience
49:12 The awkward Craig Wright years
51:52 Faketoshi, Calvin Ayre & the “legal terrorist”
58:41 From #2 to #35 and back: resilience
1:02:32 Why even BTC maxis should thank BCH
1:03:44 CashFusion inspired WabiSabi; CSFS came from BCH
1:06:01 OP_CAT, cat bombs & VM limits
1:08:51 The Greg Maxwell phenomenon
1:12:02 LayerTwo Labs & the Ecash fork at block 964000
1:14:04 Steve on the Ecash name: “a dick move”
1:25:49 Kyle joins: from IT guy to contract builder
1:28:32 FundMe.cash: crowdfunding & chess on chain
1:28:47 Fiendish joins: the ecosystem’s connector
1:34:06 What’s wrong with Ethereum? The UTXO advantage
1:39:50 “Can you people even run nodes?”
1:41:08 SPV, UTXO commitments & the assumevalid secret
1:46:11 The sync race: 7h40 for BTC, 2h20 for BCH
1:53:27 RBF & the killing of 0-conf
2:05:07 The one-minute blocks proposal
2:06:37 The two untouchables: permissionless & 21 million
2:12:43 “It’s just money, bro”: the CoinSpice era
2:20:46 Kallisti joins: covenants & AI agent escrows
2:26:14 15 CHIPs later: loops, ABLA & Turing completeness
2:30:30 What’s magical about 32 megabytes? Goldieblocks
2:41:39 What can you buy with BCH that you can’t with BTC?
2:48:28 What if Tether launched on BCH?
2:52:26 The paradox: BCH as the perfect L2 base layer
2:58:27 Fiendish’s origin story: the 80 euro fee
3:04:19 BCH Bliss: dancing with the psychologists
3:08:04 Joey joins: conferences & the first BCH block
3:11:40 Ordinals: the network that kicked out paying users
3:15:41 Satoshi Dice & how USDT left Bitcoin
3:18:08 The Saylor hypothetical: would the culture survive?
3:23:44 Calin’s theory of victory
3:28:14 Quantum computing & the Quantum Vault
3:30:36 Should Satoshi’s coins be frozen?
3:43:05 Peter Todd’s “tail emission is not inflation”
3:46:52 Why BTC is stuck: the L2 business model
3:53:16 Centralized L2s & the base layer for bankers
3:58:47 What would it take? Zerocash & drivechains
4:02:20 Privacy, fungibility & the transparent L1 debate
4:09:14 “The bitcoins”: the Linux analogy
4:11:51 Cancelled for interviewing Roger Ver
4:14:30 Silk Road, killer apps & Ethereum’s hype cycles
4:20:52 The AI tangent: Claude & OpenAI as Netscape
4:30:30 Joey’s goodbye: why Vlad would fit in at Bliss
4:36:27 Calin explains Fulcrum
4:38:54 The Litecoin question & Charlie Lee’s perfect trade
4:47:48 Kaspa, Quai & the impossibility of a new genesis
4:51:41 The long-term bet on SHA-256
5:03:35 Luke’s fork, Jimmy Song & Samson’s nonprofit
5:07:07 OP_RETURN heresy: Satoshi vs Luke’s Bible verses
5:16:11 Calin: “I could fork Bitcoin Core tomorrow”
5:21:29 Would drivechain miners steal? The MEV debate
5:25:50 Adam Back’s “tabs” & Samson’s credit card points
5:31:13 Chris DeRose: “they’re paying us to leave”
5:36:44 Where are the OG Core developers now?
5:48:36 Rosco Kalis joins: the CashScript story
5:49:48 AnyHedge: the first DeFi on BCH
5:55:38 BCH vs Ethereum contracts: the UTXO trade-off
6:07:34 Six hours in, 1,300 live viewers
6:13:56 Vlad’s freeross.org donation deflection
6:18:16 Why didn’t BCH follow Gavin’s BIP 101?
6:23:15 The Saylor phenomenon: hope.com & narrative capture
6:30:18 Nashville: RFK, Trump & the “triple maxi” gospel
6:34:08 Calin sold all his BTC for BCH: no regrets
6:37:44 Segwit2X & the New York Agreement myth
6:43:45 Why BCH skipped Avalanche pre-consensus
6:45:56 The Amaury tax fork: 8% at the 11th hour
6:55:30 CTOR: the change that pushed nChain away
7:04:13 The failed upgrade-day attack on BCH
7:08:58 The 2018 inflation bug & Awemany’s disclosure
7:17:30 Is Tether backed?
7:22:53 Epstein files: “Andy Back” & Saylor the lunatic
7:28:50 Roger Ver’s arrest: lawfare & the gag order
7:39:51 Paying at Chipotle with shielded Zcash
7:44:29 How MiCA killed crypto payments in Europe
7:47:52 Calin’s Romanian roots & his assassinated uncle
7:52:05 The Isle of Man TT sponsorship: Dean Harrison
8:08:26 Robin Linus: “jealous of all their neat opcodes”
8:09:56 Eight hours: a new season record
8:13:57 Outro & the “anything but BCH” Easter egg
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