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Tomer Strolight

Tomer Strolight

Bitcoin writer, author of "Why Bitcoin?", and Editor-in-Chief at Swan Bitcoin; formerly 25 years in digital media and private equity.

Oct 21, 2026

TerrenceHOST
80:50
Before Hoddle jumps in, Tomer has his hand up.
80:54
Yeah, I think that there's a couple of things.
80:56
I missed the beginning of Terrence's question because there's a delay.
80:59
Terrence's response, sorry, because there's a delay between when you get on stage and the live thing.
81:05
But I think that there are some aspects, Chad, where you're Mistaking the halving, potentially, for the difficulty adjustment.
81:14
And it also sounds like you're extrapolating things upon the difficulty adjustment that aren't necessarily the case of it.
81:21
Like the difficulty adjustment can go down as well as up.

6 MINS LATER

ChadPANELIST
87:13
Thank you for the color.
2:26
... think about this comparison?
2:30
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.
2:35
But it is, it's a single process that began with the genesis block.
2:40
It like, uh, its birth was the genesis block, and everyone can see that genesis block, and it's a process.
2:47
You know, it consumes energy and uses the energy to, uh, respirate, to metabolize transactions into its body, which is, which is its blockchain.
3:01
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.
3:11
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.

33 MINS LATER

36:27
When did you really start to see Bitcoin as this living anti-fragile entity? Like-
39:01
So it would say that these things are actually, you know, mal-use or
39:08
whatever.
39:09
I guess when you compare, and this is where having had a hard fork, so having a parallel universe with...
39:19
these monetary maximalist extremists on it is already demonstrating itself to be technologically very difficult to enforce.
39:30
There's a mining pool that has too much hash power.
39:34
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.
39:51
So it ends up becoming about appearances.

18 MINS LATER

57:35
Yeah, and
4:46
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.
5:03
Well, I didn't see it, Brady, but I think your explanation was thorough enough that everyone here gets the picture.
5:09
I just think this is part of the new reality, and it's a double-edged sword for sure.
5:15
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.
5:24
So this Panopticon, this technology, The constant surveillance, constantly aware, access to all the information in the world entity or entities exist now.
5:35
Maybe there's like one big meta entity at some NSA facility that is pulling all this information together.
5:42
And it's terrible for our privacy.

46 MINS LATER

52:09
So we should stand up and fight and be optimistic about where we can go instead of just despondent and give up, you know?
69:26
Hey, Tomer, welcome
69:27
up.
69:28
Hey, thank you.
69:29
Nice to hear your voice again, NuclearBitcoiner.
69:32
I was thinking as you were talking about how challenging it is to get a proof of concept.
69:37
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.
69:48
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.

5 MINS LATER

75:09
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
2:06
And now, let's enter the Bitcoin matrix with Tomer Strohleit.
2:16
What is real? How do you define real? You can't jump into cash.
2:22
Cash is trash.
2:23
What do you do to get out? Bitcoin is more.
2:25
More than software or money.
2:38
Bitcoin is more than just software.
2:40
This is because it produces a commodity, Bitcoins, which its users generate, store, and trade, thereby making that commodity money-like.

56 MINS LATER

58:34
Good morning, sunshine, said Mady, the personalized

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