In this third episode of our ongoing series with Michael Howell, Nik dives deep into the intricacies of Bitcoin, focusing on its limited supply, mining mechanics, and the integrity of the network. They get into the weeds of individual nodes and the role they play in maintaining network security. They also discuss the impact of government actions, the rise of ETFs, and the role that bitcoin could one day play as a form of collateral in the financial system. Nik also explains the main differences between bitcoin, altcoins, and gold.

The Bitcoin Layer is a bitcoin and global macroeconomic research firm.

The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today.

Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account.

Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email

Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X: https://twitter.com/TheBitcoinLayer
Subscribe to The Bitcoin Layer on your favorite podcast platform.
Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch

Block Height 862846

Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #21million #Scarcity #HardCap #BitcoinEducation #BitcoinLearning #MichaelHowell #BitcoinProtocol #BitcoinHistory #BitcoinExplained #BitcoinAsset #BitcoinMoney #BitcoinMining #Decentralization #BitcoinEducation #Cryptography #BitcoinNetwork #BlockchainTechnology #HashingAlgorithms #BitcoinSupply #BitcoinMechanics #FinancialEducation #DigitalCurrency #BitcoinExplained #BitcoinSeries #BitcoinBasics #LearnBitcoin #BitcoinFundamentals #BitcoinBlockchain #BitcoinTechnology #BitcoinTutorial #BitcoinKnowledge #BlockchainBasics #DecentralizedFinance #BitcoinInnovation #BitcoinProtocol #BitcoinForBeginners #BitcoinMiningExplained #BitcoinDevelopment #BlockchainEducation #BitcoinSecurity #BitcoinHashing #BitcoinDifficulty #DigitalAssets #BitcoinCommunity #BitcoinInsights #BitcoinExperts #BitcoinExploration #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Gold #Market #Trading #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro

The Bitcoin Layer and its guests do not provide investment advice.

Subscribe to The Bitcoin Layer on Soundwise