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Hell Money
Hell Money
78 episodes
1 week ago
A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.
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Technology
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All content for Hell Money is the property of Hell Money and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.
Show more...
Technology
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BITCOIN IS UNDER ATTACK: BIP-444 EXPLAINED
Hell Money
1 hour 9 minutes 54 seconds
1 week ago
BITCOIN IS UNDER ATTACK: BIP-444 EXPLAINED

On this episode of Hell Money, we dive into BIP-444, the latest and most deranged proposal from the Knots holy group. From limiting arbitrary data in Bitcoin transactions to re-defining what counts as a 51% attack, we unpack BIP-444 as the latest evolution in Bitcoin's Holy War.We explore:- What BIP-444 actually does- The Knots cult mindset and the psychology of Bitcoin fundamentalism- Dev tinkering vs maintenance- How to soft fork Bitcoin, 51% attack- Rob Hamilton’s BIP-444 prediction market- Western vs. Eastern numerology of 444- The myth-making, moralizing, and memes of KnotsGet bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SATSCARDS: https://shop.inscribing.com/products/ordinals-satscardTIMESTAMPS00:00 Intro, Election Day, Prop-50, gerrymandering4:00 State of Jefferson, California secession, Zohran Mamdani, rent control9:00 BIP-444, limiting arbitrary data in Bitcoin transactions24:00 How a soft fork works, re-defining a 51% attack30:00 Knots attack on Bitcoin33:30 Psychology of Knots fundamentalism & cult36:15 Success of Knots vs Bitcoin Core v3037:45 Rob Hamilton's BIP-444 prediction market41:15 Bitcoin core devs want to tinker and develop when they should be just maintaining44:50 Edits for BIP-444, 444 Western vs Eastern numerology50:00 Has BIP-444/Knots broken containment?51:20 Selling BIP-444 airdrop54:55 BIP-444 myth making57:50 Filter discussion has derailed all real technical discussion1:00:00 Legal & moral arguments1:06:00 Addressing the Swifties, humor is high consciousness1:08:00 Rehabilitating Mechanic and Luke's image on Hell Money Podcast

Hell Money
A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.