IN THIS EPISODE, YOU’LL LEARN

• How Bitcoin prevents government-led currency debasement
• What makes Bitcoin a secure and decentralized timekeeper
• The mechanics of block creation and transaction verification
• Why block reorganizations occur and how they’re resolved
• The economic incentives behind Bitcoin mining
• Differences between running a node and mining
• How self-custody empowers users and mitigates risks
• The role of transaction fees as block subsidies decline
• How Bitcoin’s security model addresses hack concerns
• Innovations in node infrastructure from the 256 Foundation

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

[00:00:00] Intro: You are listening to TIP.

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

BOOKS AND RESOURCES

• Michael’s X Account.
• Website: Nakamoto Heating Solutions.
• Website: 256 foundation.
• Check out all the books mentioned and discussed in our podcast episodes⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.
• Enjoy ad-free episodes when you subscribe to our⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

NEW TO THE SHOW?

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
• Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
• Check out our Bitcoin Fundamentals Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.
• Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value.
• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

CONNECT WITH PRESTON

CONNECT WITH MICHAEL