Bitcoin Takeover Podcast
BTC Takeover
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S5 E1
Bobby Lee on Ballet Cold Storage & Returning to the Real Bitcoin
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Chapters
00:50 Introduction
02:00 How Ballet was created
03:16 Ballet REAL vs PRO
04:55 BIP 38 in Ballet PRO
07:30 How Charlie Lee gifted Bobby a Casascius physical coin
09:27 Skewmorphisms for nocoiners (a physical card is easy to understand)
11:20 How does the Ballet app work and how does it improve on the Casascius and BTC Mint model?
15:41 Ballet is not for experienced bitcoiners, but nocoiners who had no previous exposure with BTC and need to learn how it works
19:37 Ballet PRO as a gift where the giver is the trusted third party
21:00 The Bruce Willis story (and how his daughters received BTC)
23:40 How did Bruce Willis react?
24:40 What Adam Back, Trace Mayer, and Tone Vays thought about the Ballet wallet
30:53 Can Ballet help incentivize more people to run Bitcoin nodes?
34:30 Which competitors does Ballet have?
36:55 Bitcoin onboarding and full nodes
38:48 Does Ballet compete with mobile wallets?
41:31 Does the Ballet come in a 3-pack?
42:40 How did Bobby Lee come up with the name “Ballet”?
45:10 Bobby Lee’s comeback from the big blocker camp and why he returned to the real Bitcoin
46:37 BTC actually has bigger blocks on average
47:05 The network effect of Bitcoin
47:30 Why the Ballet was created and Bitcoin’s use case
49:39 Bobby Lee’s debate with Nouriel Roubini
50:40 Nouriel Roubini is a Bitcoin maximalist
52:10 Closing comments
BTC
TKVR
Show notes
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