
Tomer Strolight
Bitcoin writer, author of "Why Bitcoin?", and Editor-in-Chief at Swan Bitcoin; formerly 25 years in digital media and private equity.
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Oct 21, 2026
Proof of Reserves Proves Nothing: FTX Showed Addresses, Not Bitcoin
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80:50TerrenceHOST
Before Hoddle jumps in, Tomer has his hand up.

Tomer StrolightGUEST
Terrence's response, sorry, because there's a delay between when you get on stage and the live thing.

Tomer StrolightGUEST
But I think that there are some aspects, Chad, where you're Mistaking the halving, potentially, for the difficulty adjustment.

Tomer StrolightGUEST
And it also sounds like you're extrapolating things upon the difficulty adjustment that aren't necessarily the case of it.
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87:13ChadPANELIST
Thank you for the color.
Why Is Bitcoin Still Alive If No One Is Running It? | Tomer Strolight | BFM290
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Tomer StrolightGUEST
Well, uh, it's probably best to go through parts of the article 'cause I don't remember them all off the top of my head.

Tomer StrolightGUEST
It like, uh, its birth was the genesis block, and everyone can see that genesis block, and it's a process.

Tomer StrolightGUEST
You know, it consumes energy and uses the energy to, uh, respirate, to metabolize transactions into its body, which is, which is its blockchain.

Tomer StrolightGUEST
Right? So it's consuming energy, it's replicating itself and, and life, in a lifelike manner in the same way that every cell in your body has the same DNA.

Tomer StrolightGUEST
Every node of Bitcoin in the world has the same, uh, the same blockchain and the same DNA, which is how it processes information and energy in order to add valid blocks and ensure that all blocks are identical to one another, and every blockchain and every node is identical.
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36:27Bram KansteinHOST
When did you really start to see Bitcoin as this living anti-fragile entity? Like-
Bitcoin Is Antifragile with Tomer Strolight | Bitcoin Infinity Show #222
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Tomer StrolightGUEST
I guess when you compare, and this is where having had a hard fork, so having a parallel universe with...

Tomer StrolightGUEST
these monetary maximalist extremists on it is already demonstrating itself to be technologically very difficult to enforce.

Tomer StrolightGUEST
They're trying to get them to have less hash power, which doesn't make sense because if they pretend that they have less hash power and hash is another miner, they still have the hash power to conduct a 51% attack.
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Big Brother was Opt-in, a 40-Year Central Banking Veteran on Surveillance
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4:46Brady SwensonHOST
And the intelligence to be able to search it, put it all together and present it to you in a nice brief for anyone to read and even actually encouraged, actively encouraged by these platforms.

Tomer StrolightGUEST
Well, I didn't see it, Brady, but I think your explanation was thorough enough that everyone here gets the picture.

Tomer StrolightGUEST
I just think this is part of the new reality, and it's a double-edged sword for sure.

Tomer StrolightGUEST
Even if they take this functionality away from us consumers, you know this functionality remains for the big tech companies and the governments that regulate them.

Tomer StrolightGUEST
So this Panopticon, this technology, The constant surveillance, constantly aware, access to all the information in the world entity or entities exist now.

Tomer StrolightGUEST
Maybe there's like one big meta entity at some NSA facility that is pulling all this information together.
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52:09Brady SwensonHOST
So we should stand up and fight and be optimistic about where we can go instead of just despondent and give up, you know?
Café Bitcoin | The Nuclear Bitcoiner on Mining with Small Modular Reactors, and the Paper He Is Taking to a Nuclear Conference | Day 29 of 50
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Tomer StrolightGUEST
I was thinking as you were talking about how challenging it is to get a proof of concept.

Tomer StrolightGUEST
You've got something that works well in a lab, and it works well in a nuclear submarine or a nuclear aircraft carrier, but getting it into a community seems to be a real challenge.

Tomer StrolightGUEST
And I was wondering if there's any, and I guess just to finish the thought, it could make more sense to a community if we bolted on Bitcoin mining operation for some period of time.
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Ryan MacLeodGUEST
It's mostly getting that person to kind, prove it, demonstrate it so that we can say to these creatives, we have the technology, it's been demonstrated, but now we have to fill a bit concurrently, you have to fill the order book so that you can say that there is an
Bitcoin Is More — Tomer Strolight on Money, Rights & AI
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Tomer StrolightGUEST
This is because it produces a commodity, Bitcoins, which its users generate, store, and trade, thereby making that commodity money-like.
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