Now that Paul announced a hard fork, Luke & Mechanic are cooked 💨 The spotlight is no longer on their brain farts 📼 Their ideas are old & stale ⛓️‍💥 If they were gonna announce a hard fork too, the shock factor is gone because someone else did it first Knots might as well pack it up and hope everyone forgets about them soon so they can blend in with the conference crowd (very likely to happen)

Paul’s ecash hard fork is an excellent reason to: 1. Buy as much bitcoin as you can before August 2. Withdraw all coins from exchanges so you can claim your free ecash Super bullish!

August 2017: Bitcoin Cash forks off from Bitcoin, claims that it’s the real Bitcoin. November 2020: Bitcoin Cash creator forks BCH to create Ecash (XEC). August 2026: Bitcoin dev creates fork, claims that it’s the real Ecash. *chef’s kiss*

Paul Sztorc’s BIP 300 hard fork is coming at block 964000 (late August 2026) It’s called Ecash, uses the LayerTwo Labs tech stack that you can already test on Bitcoin signet, and every BTC HODLer will get free coins 1:1 (Only Satoshi gets half)

Bitcoin Takeover

S17 E21: Paul Sztorc Hard Forks Bitcoin to Launch Ecash with Drivechains! - Bitcoin Takeover

After 15 years of being a BTC maximalist, Paul Sztorc decided to hard fork Bitcoin and create Ecash: a BIP300-powered cryptocurrency!

My interview with Zach Herbert is postponed We’ll most likely do it next week in Vegas, to demo the features of the Passport Prime in person I still want to do an interview tomorrow evening. Who should replace Zach? Tag your favorite person in Bitcoin, let’s make it happen! 👇🏻

I’m more inclined to believe that Satoshi is Len Sassaman than Hal Finney You can even tell how the relationship between Satoshi and Hal was like a young student talking with his older teacher Satoshi thought Bitcoin could scale to Visa levels. Hal believed BTC-backed banks would emerge. Satoshi didn’t include a block size limit until Hal Finney advised him to. Satoshi wanted to only have 2 decimals (bitcoin & cents). Hal Finney convinced him to add 8. Satoshi didn’t even use Hal’s Reusable Proof of Work. Satoshi’s work schedule matches the academic calendar – and Len worked in university. The Bitcoin code is hacky, features premature optimizations, originally came with a broken game of poker and an unfinished P2P marketplace with a reputation system like eBay. Hal would have designed and written much more elegant software, without unfinished bloat. I could go on. But Hal is not Satoshi. Someone younger and idealistic like Len is a much better fit.

You tell your friend to buy bitcoin But he buys HarryPotterObamaSonicInu10 Because the ticker is $BITCOIN What do you do?

The reason why Bitcoin is so valuable is that you have multiple diverse communities that have different expectations for the network’s future. You have the OG cypherpunks who like permissionless payments. You have the Austrian economists who only care about scarcity. You have the finance bros who use BTC as collateral for borrowing US dollars. You have the DeFi tokens people who build metaprotocols on top of it to trade other assets. You have the religious people who act like SPV doesn’t exist and they must run 3 home nodes next to their mining rigs, then they connect all mobile wallets to this setup. You have the nerds who want Bitcoin to scale to 8 billion people and become truly fungible. You have the privacy advocates who run CoinJoin servers, tumblers & mixers. You have the BitVM hackers who build bridges to other chains and networks. You have the Nostr dorks who live in a bubble of their own where custodial lightning is just fine. You have the FX traders who bring liquidity into the system and keep it alive with price volatility. You have the prostitutes, drug dealers, street hustlers, Russian oligarchs, Iranian Hormuz strait extortionists, Chinese spies, North Korean hackers who don’t care about any of this nonsense and just want to get paid without bank censorship. If there was a unitary plan or vision for the Bitcoin project, it would be much less valuable. If every branch decided to fork off to create their own individual chain, the ecosystem would be much less valuable. But if everyone develops unrealistic expectations or else becomes too complacent, perpetual schisms will happen and valuable contributors will flee to other chains (a significant exodus already happened in Ethereum, Monero & Zcash). This symbiosis is very fragile and one ragequit away from being disrupted. Which is why spooks try so hard to divide the community with ridiculous purity tests and a toxic culture that keeps newcomers away.

Outside of getting thousands of people super rich, what is Bitcoin’s biggest achievement?

We spent 4 decades building the infrastructure to make the nation state obsolete Sovereign computing, open source software, unstoppable internet money, self-hosted cloud services and AI We’re primed for a new era that maximizes the freedom of the individual by replacing coercion with consent The most educated generation in the history of humankind is ready to start a new Renaissance But Elon wants us to surrender our potential to the nation state and collect paychecks for doing nothing Bring us back to feudalism in an era when we have the means to accomplish anything our ancestors dreamed about

My 2 cents on the whole “let’s freeze the bitcoins that don’t move to quantum resistant addresses” debate JUST DO A FUCKING HARD FORK Abandon the old network, let the quantum computers steal all the worthless coins Move to a better chain that fixes all the issues of the current one Let everyone claim their coins 1:1 on the new chain. Lost or unclaimed coins are still there, just in case the users return one day. Satoshi can return in a few decades, his coins will still be there. Quantum resistance is exactly the kind of existential upgrade for which a hard fork is justified. Don’t half ass this upgrade with something so suboptimal that a limited time for moving coins is even proposed. Soft forks are for trivial stuff. For anything major, just hard fork.

If #bitcoin was 1% faster, the blocks would get orphaned like crazy. If the block size was 1% bigger, every node would blow up instantly. If the difficulty adjusted 1 block faster, Bitcoin would be impossible. None of this is random. Satoshi is God and his design is perfect.

Will interview Deadalnix (Amaury Sechet) in about 6 hours He is the Bitcoin developer who created BCH in August 2017 and then once again forked BCH in 2020 to create Ecash (XEC) Join the livestream to learn more about the technical differences between the various versions of the Bitcoin software https://youtube.com/live/DiVwfHOY-i8?feature=share

Just finished putting together the podcast stats for March Total downloads last month: 19670 Total Bitcoin Takeover podcast downloads from Jan 1st to March 31st: 72177 Average downloads per episode: 4511 Thank you for listening!

I couldn’t sleep all night So I redesigned my website from scratch

Bitcoin Takeover

Bitcoin-Takeover.com – Insightful Bitcoin Content Since 2023!

Bitcoin-Takeover.com is the home of the Bitcoin Takeover podcast, the free open source BTCTKVR magazine, and useful articles about Bitcoin!

Bitcoin-only companies: yes, we are only dealing with sound money and don’t support any shitcoins. Also Bitcoin-only companies: our budget is limited and we cannot pay as much as our competitors that do support shitcoins. So how are they shitcoins if they make the difference between a successful company and an establishment that sells virtue from mom’s basement? Or better yet, when does something stop being considered a shitcoin? Is it the market that redeems it? Time and resilience across bear markets? Having a real community of users?

The most shocking part about the New York Times article that exposed Satoshi Is discovering that Adam Back is only 55 years old I thought he was a boomer 😂

Thrilled to announce the launch of Floppy Bitcoin 🐦 The the result of 2 days of intense vibe coding with Claude Opus 4.6 Also the most addictive game I’ve tried lately: while testing, I would usually end up playing for 30+ minutes! Includes podcast player, powerups, score multipliers, beautiful visual effects that enhance the experience Most importantly: it’s free to play! If you try it, post a screenshot of your high score in the comments!

Floppy Bitcoin