FYI - For Your Innovation
The Bitcoin Halving
Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints.
Guests on this month’s Bitcoin Brainstorm include:
Will Reeves: CEO, Fold
Mark (Murch) Erhardt: Research Engineer, Chaincode Labs
Harry Sudock: Chief Strategy Officer, GRIID
Mike Colyer: CEO, Foundry
Yassine Elmandjra: Director of Digital Assets, ARK Invest
Cathie Wood: Founder, CEO and CIO, ARK Invest
Rod Roudi: Co-Founder, Bitcoin Park
Key Points From This Episode:
00:01:00 Rod introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests
00:05:29 What does this bitcoin halving represent as symbolic of bitcoin as a monetary system
00:11:28 Bitcoin’s monetary policy is really just five lines of code
00:27:27 Why, to understand bitcoin, you have to move out of the realm of human invention and into the world of physics and math to find things that have this level of predictability
00:32:10 How bitcoin mining pools shifted from a Chinese dominated space to a more decentralized business and what can be done to continue decentralization
00:39:34 How do companies like Foundry, a mining pool, and GRIID, a bitcoin miner, work together and what is Stratum V2?
00:49:10 Could generative artificial intelligence (AI) be helpful in bitcoin development and bitcoin mining?
00:53:49 Why one of bitcoin’s biggest benefits is its probabilistic protocol and that the asset class cannot be “gamed”
00:56:35 Why the Gamestop short squeeze during the pandemic reminds Harry of bitcoin
01:01:28 With a Bitcoin epoch people usually mean a period of roughly 4 years with a specific mining reward. With a bitcoin halving just behind us, what do our guests expect to happen in this next epoch?
Links Mentioned in this Episode:
Learn more about Bitcoin Park: bitcoinpark.com