FYI - For Your Innovation

FYI - For Your Innovation


The Bitcoin Halving

May 09, 2024

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



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