The Last Trade E069: A Random Walk Down the Timechain with Bob Burnett

The Last Trade 10/11/24

The Last Trade: a weekly, bitcoin native, interactive podcast covering where Bitcoin and traditional finance meet on a macro scale. Hosted by Jackson Mikalic, Jesse Myers (Croesus), Michael Tanguma, and a special weekly guest host.

Join us as we dive into what Bitcoin means for how individuals & institutions save, invest, and propagate their purchasing power through time. It’s not just another asset – in the digital age, it’s the Last Trade that investors will ever need to make.

Bob Burnett on X: https://x.com/boomer_btc
Barefoot Mining:
https://www.barefootmining.com/
Caos Engine:
https://caosengine.com/

00:00 – Welcoming back Bob Burnett
03:00
– Proof-of-Work based randomness
20:29
– A message from Onramp
21:13
– Entropy engines & applications
30:39
– Understanding hashing & its implications
45:28 – Advantages of smaller scale mining
55:46
– Onramp Multi-Institution Custody
57:13
– The role of financial institutions mining
01:07:01
– Blockspace & block templates
01:13:52
– Purposes of the block subsidy
01:23:34
– Mining centralization challenges
01:31:28 – Ocean’s approach to block creation
01:39:20
– Outro

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