Final Settlement E001: The Power of Open Protocols with Matt Odell
January 4, 2024
Final Settlement is a podcast from Onramp Media, hosted by Brian Cubellis and Michael Tanguma. This episode features Matt Odell on open protocols, bitcoin development, and Nostr. Onramp publishes the series for institutional investors and bitcoin enthusiasts.
Final Settlement launches with hosts Brian Cubellis and Michael Tanguma of Onramp welcoming guest Matt Odell. The discussion covers Odell's entry into bitcoin, the protocol as open-source software, how consensus changes happen, and lessons from earlier forks. Further segments address Taproot, Ordinals and Inscriptions, the fee market, Nostr and open systems, Lightning and layer-2 scaling, and funding open-source contributors. Final Settlement is editorial commentary and is not investment advice.
Chapters
0:00 - Intro to Final Settlement 6:54 - Matt Odell's bitcoin origin story 9:48 - The importance of bitcoin as open-source software 13:43 - Distributed protocols 21:30 - How changes are made in bitcoin 34:37 - Lessons from past bitcoin forks 44:41 - ETFs and bitcoin forks 49:44 - Bitcoin's purchasing power and market demand 52:03 - A message from Onramp 52:20 - Taproot, Ordinals & Inscriptions 1:01:50 - Bitcoin's fee market & spam prevention 1:07:22 - Bitcoin development, NOSTR & open systems 1:19:47 - The future of NOSTR, AI & Bitcoin 1:25:54 - Building on open protocols 1:31:49 - Lightning & layer-2 scaling solutions 1:35:57 - Funding open-source contributors 1:43:53 - Bitcoin's superiority in a free market 1:46:27 - Wrapping up and looking ahead
Frequently Asked Questions
Who is the guest on Final Settlement episode 1?
Matt Odell joins hosts Brian Cubellis and Michael Tanguma. He shares his bitcoin origin story early in the episode (06:54).
What does the episode say about bitcoin as open-source software?
Odell and the hosts discuss bitcoin as open-source software, distributed protocols, and how changes are made in bitcoin (09:48, 21:30).
Does the episode cover Nostr?
Yes. The conversation turns to bitcoin development, Nostr and open systems (1:07:22) and the future of Nostr, AI and bitcoin (1:19:47).
What scaling topics are discussed?
Odell and the hosts discuss Lightning and layer-2 scaling solutions (1:31:49) and funding open-source contributors (1:35:57).
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.