Show Notes
Matthew Kratter of Bitcoin University joins Michael Jordan on The Bitcoin Way podcast for a hard-hitting breakdown of the Bitcoin Core controversy: why Core developers are compromised, the network's migration to Bitcoin Knots, and what self-custody Bitcoiners must do now.
Matthew covers UTXO bloat from ordinals and inscriptions, the uncapping of OP_RETURN, and how Core devs prioritized theoretical bloat over real attack surface. With 20% of nodes already on Bitcoin Knots, he explains BIP-110 - the temporary soft fork to reverse Core's changes.
Plus: Michael Saylor's Ethereum DeFi pivot, the risks of Bitcoin-backed loans, and why Bitcoin plebs are the network's true immune system. Essential listening for anyone running a node, practicing self custody, or defending Bitcoin's decentralization.
🔑 Want to run your own node? Learn how to take 100% self-custody of your Bitcoin with us:
🇵🇦 Interested in a Plan B Residency? Download our FREE Panama Residency Guide here:
📖 Subscribe to our newsletter to stay up-to-date with all the latest Bitcoin news and memes:
📞 Schedule a FREE call with The Bitcoin Way team:
⏱️ Timestamps:
0:00 - Intro & Core controversy
1:36 - How to spot a compromised dev
2:11 - The Fauci analogy
4:53 - History of Bitcoin spam wars
8:30 - Dev turnover & culture shift
12:22 - Bitcoin spam recurrence
20:25 - Greg Maxwell then vs now
23:58 - Bitcoin Knots vs Core
28:41 - BIP-110 explained
31:39 - OP_RETURN uncapped
38:28 - Luke Dashjr & Bitcoin Knots
50:07 - Bitcoin plebs immune system
55:58 - BIP-110 activation timeline
1:11:35 - Clarity Act
1:13:40 - Michael Saylor critique
1:21:51 - Price action
1:22:45 - Matt's unpopular Bitcoin opinion
Follow Matthew Kratter on YouTube: https://www.youtube.com/@Bitcoin_University
Follow him on X: https://x.com/mattkratter
More from The Bitcoin Way Podcast
🗓️ Why you need a second residency: the first of 3 free live sessions starts 28 October. Save your seat: https://www.thebitcoinway.com/webinars/you-need-a-second-residency?utm_source=tbw&utm_medium=fountain&utm_campaign=1026-webinar-series&utm_content=banter-desc
🗓️ Bitcoin plus a Plan B residency: free live webinars from 28 October. Save your seat: https://www.thebitcoinway.com/webinars/you-need-a-second-residency?utm_source=tbw&utm_medium=fountain&utm_campaign=podcast&utm_content=desc-webinar
🔑 Could you recover your Bitcoin without your custodian? Download our free self-custody guide: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_source=tbw&utm_medium=fountain&utm_campaign=1026-multisig-versus-singlesig&utm_content=desc-guide
If the rules in your country changed tomorrow, where would you go? Without an answer, you don't have a Plan B. A second residency is how you make sure your country isn't your only choice.
🗓️ Living in the EU? Our free Plan B webinar series starts 28 October. Save your seat: https://www.thebitcoinway.com/webinars/you-need-a-second-residency?utm_source=tbw&utm_medium=fountain&utm_campaign=1026-webinar-series&utm_content=banter-desc