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← Cypherpunk’d10 Jul · 55 min

Bitcoin's Most Dangerous Idea | Kent Halliburton

Bitcoin's Most Dangerous Idea | Kent Halliburton10 Jul55 min

<p>Kent Halliburton (Sazmining) grew up on a cranberry farm in Oregon, spent a decade in solar, and now runs a Bitcoin mining company from the jungle in Peru. This one goes deep.</p>

<p>We get into why buying your Bitcoin on an exchange makes you a consumer instead of a producer, the 2013 split that broke how the community thinks about mining, "fiat hashers," and why the pubcos pivoting to AI might actually be a good thing.</p>

<p>Then it gets real — Kent walks through the six-figure in-person scam that hit him in Amsterdam (yes, the one Wired covered), why the right to transact might be the most important right we have, and why he thinks Bitcoin is a 1,000-year project we're not building like one yet.</p>

<p>Chapters: </p>

<p>00:00 Cold open </p>

<p>01:30 Cranberry farm to Bitcoin mining </p>

<p>09:00 Wild sats & the 2013 timeline split </p>

<p>18:00 Fiat hashers & mining centralization </p>

<p>27:00 The right to transact </p>

<p>34:00 KYC is a honeypot </p>

<p>41:00 The Amsterdam scam </p>

<p>52:00 Bitcoin as a 1,000-year project</p>