Good for Bitcoin
Good For Bitcoin is a weekly show recorded live every Friday where we recap events of the week and talk about everything good for Bitcoin. If it’s built on Bitcoin, then it’s Good for Bitcoin!
10
Everyone Is Shutting Down
<p>Jack Mallers quit Twenty One, BitMEX is closing, Satsuma is liquidating, and Smarter Web sold Bitcoin. The old guard is packing up. Plus: BlackRock and Strategy funded Bitcoin's quantum defense, the Clarity Act cleared its last blocker, and Wise debanked Peter McCormack. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Jack Mallers is out at Twenty One. He stepped down as CEO over a fundamental disagreement on how the company should generate real cash flow, and he's going all in on Strike. The merger floated in May never happened, and Twenty One holds...
We Read Your Hate Mail
<p>The BIP-110 haters found us, so we read the hate mail on air. Plus: privacy coins are crypto's only green category this year, Lyn Alden's $40M Orange Juice, ZachXBT calls every hardware wallet 'complete garbage,' Bitcoin lands on TikTok Shop, and Vibewatch wins a Stacks grant. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Hate mail time: we rapid-fire the BIP-110 comments on air. Personal attacks, zero engagement, and our most-streamed episode since May. Thanks for the boost.Treasury tracker: Strive added 18 BTC (19,900), OranjeBTC 8 (3,912), Canaan 49 from June mining (1,915). Strategy skipped the buy...
We Actually Read BIP 110
<p>The BIP 110 fight has been all mudslinging, so we did something radical: we actually read the BIP. Why the filters won't work and why it probably ends in a fork. Plus: Strategy's never-sell era is over, a $21M DAO drain that broke no rules, Kraken's $22M Choke Point 2.0 win, and StackingDAO's stBTC ahead of Bitcoin staking on Stacks. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>The main event: BIP 110. Instead of mudslinging, we read the BIP itself — what it actually proposes, why the filters keep failing (prune ordinals, unprunable stamps appear), and it...
Everyone Just Launched a Stablecoin
<p>Out of left field: 140+ companies — Visa, Mastercard, Google, Samsung, PayPal, BlackRock, Coinbase, Stripe and more — announced Open USD, one shared stablecoin where the partners keep the reserve earnings. Then came the backlash: firms saying they never signed on, and Circle's CEO firing back. Meanwhile Strategy published a real plan for STRC (including permission to sell some Bitcoin), whales scooped up ~$16.7B, and Robinhood went full crypto. No one told the builders it's a bear market. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>The bombshell: Open Standard announced Open USD, a stablecoin with 140+ part...
They Say Bitcoin Is Dead Again
<p>Bitcoin slipped under $60K and the timeline filled with obituaries — people who bought the $120K top now calling it dead. Brandon and Kate place it right where the four-year cycle predicts: deep in the trenches, with maybe nine more boring months to go. Yet nobody up top is actually capitulating — Strategy bought the dip again, STRC keeps cratering, Wall Street quietly shipped its first Bitcoin depositary receipt, and Schwab went native. A quiet week with more under the surface than the doom posts suggest. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss:</p>They say...
Is Stretch Stretched to Its Limit?
<p>Strategy's 'Stretch' — the STRC preferred stock built to trade near $100 — cratered to an all-time low of $82.53 this week, and the timeline declared it the next Ponzi. Brandon and Kate dig into whether Stretch is being stretched to its limit, plus a quiet week of buys, Illinois's punishing new crypto tax, Stacks landing on Fireblocks, BlackRock's new yield ETF, and the stat that Elon is now worth more than all of Bitcoin. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Is Stretch stretched to its limit? STRC — Strategy's 'Stretch' preferred — hit an all-time low of $82.5...
Saylor Says He Never Sold a Sat
<p>A week after Strategy quietly sold 32 BTC, Saylor tweeted he's 'never sold a single sat.' Brandon and Kate call out the goalpost-moving, react to a Saylor clip, then run the tape: Strategy buys 1,550 BTC, Strive needles back, Botanix shuts down its whole network, Coinbase hands AI agents your account, SBF begs for a pardon, and a classic bottom signal flashes. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Saylor watch: a week after Strategy quietly sold 32 BTC (~0.004% of its stack), Saylor tweeted he's 'never sold a single sat.' We react to...
Claude Found a Zcash Counterfeiting Bug
<p>Kate's out sick, so Brandon flies solo. The headline: a researcher used Claude Opus 4.8 to find a counterfeiting bug in Zcash's shielded pool that could've minted unlimited coins undetectably — ZEC fell 30%. Plus a Bitcoin selloff below $60K, Strategy's quiet sale, and Lava's Bitcoin-back card. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Kate's out sick, so it's a short, solo, rapid-fire show this week.Market check: Bitcoin slid below $60K, down 21%+ on the week, with Fear & Greed in extreme fear.Treasury watch (busier than usual): buys from Strive (+2,500 to ~19,000 BTC), Orange BTC, Capital B...
Someone Burned 107 Bitcoin
<p>Someone moved 107 Bitcoin — nearly $8 million — out of ten-year-old, Mt. Gox-era addresses and torched it in a single burst of transactions on Monday. No note, no explanation. Brandon and Kate run the theories, then work through a packed week of treasury moves, Kraken's "native Bitcoin" yield product, and Stacks finally winning over Bitcoin Magazine. <br /><br />In this episode of Good For Bitcoin, Brandon and Kate discuss: </p>Quick recap of Wednesday's Hermetica episode: the hBTC cap went from 50 → 75 BTC and filled in under 24 hours — again. Go watch it if you missed it.Treasury watch: Strive adds 1,109 BTC to reach 16,500 BTC, edg...
Inside Hermetica's hBTC — with Jakob Schillinger
<p>Brandon sits down with Jakob Schillinger, founder and CEO of Hermetica, on the day they raise the hBTC cap from 50 to 75 BTC — and unpack how Michael Saylor's STRC quietly became a yield engine for Bitcoin-backed dollars. <br /><br />In this episode of Good For Bitcoin, Brandon and Jakob discuss: </p>Jakob's origin: from running an eyeglasses business in sub-Saharan Africa to building on Bitcoin in 2016 — and why most of the world doesn't have reliable money or property rights to it.USDh, plainly: a synthetic dollar backed by spot Bitcoin paired with a 1x futures short. ~10% historical yield, sourced from fund...
