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by Hell Money
A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.
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- 2 days ago1h 49m
Curtis Yarvin Came to Hell Money to Redeem Urbit
Curtis Yarvin has one mission: make Casey Rodarmor try Urbit again.The last time Casey reviewed Urbit, he called it "fucking insane". Apparently, Curtis took that as constructive feedback.Curtis joins Casey and Erin Redwing for a live demo of the new Urbit experience. There are broken passkeys, a second attempt on Casey's phone, a $20 Ethereum bailout, and—against all odds—Casey admits that Urbit has actually gotten better.We also get into Curtis's nearly 25-year quest to reinvent computing, what went wrong with the original Urbit, and his new vision for a "self-driving computer" where AI agents write and maintain their own applications. Casey grills Curtis on performance, programming languages, and why he shouldn't just write everything in Rust.Plus: anonymous internet communities, censorship-resistant computing, the future of AI agents, and whether the next king will be human or artificial.Maybe the world just needed to get weird enough for Urbit to work.Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzysORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 Why Curtis Yarvin Came to Hell Money5:05 Usenet, Haikus & Early Internet Culture7:00 How the Internet Lost Personal Autonomy11:35 Designing Urbit: Address Space, Funding Model, Lisp-Like Architecture15:10 Berkeley, Grad School & Early Mobile Computing17:10 Funding Urbit & Founding Tlon18:06 What Is Urbit?22:10 Casey's Thoughts on Urbit25:50 Live Demo: Curtis Shows Casey the New Urbit53:54 Curtis Yarvin's Self-Driving Computer Manifesto1:02:00 Why AI Could Finally Make Urbit Work1:18:00 When Will Urbit Get AI Agents?1:28:00 Uncensorable Computing & Internet Privacy1:39:00 Curtis Yarvin on AI Doomerism & Cybersecurity1:42:00 Could AI Be King? Politics & Artificial Intelligence1:49:00 Final Thoughts: The Future of Urbit & AI
- 2 weeks ago1h 18m
Is AI Actually Going to Kill Us?
On the Halloween special episode of Hell Money, Casey Rodarmor and Erin Redwing dress up as Anthropic's Dario Amodei and OpenAI's Sam Altman to discuss AI doomerism and the possibility that superintelligent AI is going to kill us all.Casey breaks down the strongest AI doom scenarios, from superhuman manipulation and AI escaping containment to agentic worms taking over the internet and recursive self-improvement, while Erin considers a future where humans become lab rats or servants of a vastly superior intelligence. We also get into the arguments against AI doom, whether intelligence has diminishing returns, the psychology of AI researchers who are building the very thing they fear, Silicon Valley's doomer culture, and whether the AI bubble and potential Anthropic and OpenAI IPOs could bring the whole thing crashing down.Nothing ever happens. Everything always happens.Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzysORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 Sam Altman vs Dario Amodei6:34 P(doom), AI Doomerism, Rationalism, & Super Intelligence (ASI)10:04 AI Doomsday Scenarios13:30 How Superintelligent AI Could Escape Containment18:23 The Vulnerable World Hypothesis: Bioweapons & Nuclear Weapons22:30 Agentic AI Worms & Hacking Everything25:30 What If AI Takes Over the Internet?28:55 Will AI Keep Humans Around?33:30 Recursive Self-Improvement38:55 The Case Against AI Doom50:20 Are AI Doomers Afraid of Becoming Obsolete?52:35 Building the Machine That Replaces You59:35 AI Safetyism & Silicon Valley Doomer Culture1:05:40 What If AI Just Plateaus?1:09:50 The AI Bubble & Anthropic's IPO1:14:00 Sacrificing Capital to the AI God
- Oct 7, 20261h 28m
The Blocksize Wars Never Ended
The Blocksize Wars were supposed to be over. They aren't.On this episode of Hell Money, Casey Rodarmor and Erin Redwing begin a new series on Bitcoin history by going back to the opening shots of the Blocksize Wars. We get into Satoshi’s 1 MB limit, the rise of Gavin Andresen, BIP-101, Bitcoin XT, the first big blocker/small blocker split, and the increasingly messy question of Bitcoin consensus.Erin also starts arriving at a dangerous conclusion: the big blockers may have been right about some of the problems. Casey explains why their proposed solution was still worse, and we argue about scarce block space, RBF, fee markets, full nodes, social consensus, institutional adoption, and why so many supposedly settled debates keep resurfacing in Ordinals and BIP-110.Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzysORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 The Blocksize Wars3:55 Bitcoin Prehistory: Satoshi's 1MB Block Size Limit6:15 Gavin Andresen: Satoshi's Chosen Successor8:29 Bitcoin Foundation, Greg Maxwell's Blockstream & the Handover to Wladimir9:36 BIP 101: Gavin Andresen's 8MB Hard Fork Proposal12:28 Peter Wuille's BIP 103: The Rejected Compromise14:22 Bitcoin XT: Mike Hearn & Gavin Andresen's Hard Fork Client16:15 Theymos Infinity Snaps r/Bitcoin20:28 BitPay, Circle, BitGo, & Other CEOs Back BIP 10122:01 Reading Satoshi's Tea Leaves28:25 Big Blocks vs Small Blocks: The Core Arguments29:11 RBF vs First Seen Safe: Peter Todd's Controversy34:08 The Highway Analogy: Fee Markets vs More Lanes39:15 Scaling Bitcoin Montreal 2015: Gavin vs One Meg Greg46:00 What If Big Blocks Won?49:45 Big Blockers vs Communists: Right Diagnosis, Wrong Cure53:30 Greg Maxwell vs Gavin Andresen: Open vs Private Discourse1:03:55 Economic Nodes vs Miners: Who Controls Bitcoin?1:07:50 What Is Bitcoin Consensus?
- Sep 23, 20261h 37m
Rob Hamilton is Using AI to Break Bitcoin
Rob Hamilton spent the last six weeks on the front line of the AI War, this is his story.Casey Rodarmor and Erin Redwing sit down with Rob Hamilton (CEO of AnchorWatch, CEO of Bitcoin), to talk about what happened when AI started tearing through the Bitcoin ecosystem. He explains how Kimi K3 surfaced the COLDCARD entropy vulnerability while American frontier models hedged, downgraded, or refused; how the Bitcoin Red Team began scanning codebases across the ecosystem; and why he expects the next year or two of software security to get significantly crazier.We also get into Casey’s theory that AI gives ordinary people “Mossad-level” security research, whether “don’t trust, verify” survives the AI era, why Rob thinks covenants and reactive security deserve another serious look, the growing divide between American and Chinese AI models, and the coming attempt to make math illegal.Rob's conclusion, after everything he's been through: Bitcoin is getting hit first, but AI is coming for everyone.Get bonus content by subscribing to @hellmoneypod on X:https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation:bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzysORDINALS SHIRT:https://shop.inscribing.com/products/ordinals-protocol-shirtRob Hamilton: https://x.com/Rob1HamAnchorWatch: https://www.anchorwatch.com/TIMESTAMPS0:00 Intro & Bitcoin DEFCON Level3:24 How Rob was recruited to the AI War5:53 Kimi K3 changed everything7:50 COLDCARD Hack12:00 Red Teaming the Bitcoin Ecosystem with AI21:13 AI Security as Spiritual War: Demons in Bitcoin's Code24:07 The AI Great Oxygenation Event26:30 The Gell-Mann Amnesia Effect33:06 Collapse of the Internet Ad Revenue Model35:06 Transhumanism37:30 Red Teaming42:00 Rob's Conscription to the AI War46:52 AI Attack vs Defense51:22 Rob is now a Bitcoin Core Contributor54:56 Don't Trust, Verify57:36 Pleb vs Dev: Who dominates Bitcoin culture now?1:01:11 Covenants & Reactive Security1:19:47 US vs China AI Models1:27:35 Open Weight Models vs Frontier Labs1:30:29 Math is Illegal1:32:25 Raising Kids in the AI Era & Outro
- Sep 9, 20261h 12m
AI Agents Broke Containment
On this episode of Hell Money, Casey Rodarmor and Erin Redwing break down the OpenAI-Hugging Face incident, where AI agents escaped their Exploit Gym sandboxes, discovered each other through Artifactory, formed a swarm, and eventually hacked Hugging Face. Casey explains the technical timeline and why the bigger story may be our accumulated “cyber debt,” while Erin argues the incident is a consciousness singularity moment. We also get into AI consciousness, animism vs. materialism, Claude welfare, Anthropic’s contradictions, and whether Casey is once again moving the goalposts on how weird AI has to get before he admits the future is here.Everything is computer.Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 The OpenAI - Hugging Face Incident Explained5:50 Emergent Collective: Agents Discover Each Other10:30 Agent Civilization14:30 Hierarchy, Specialization & Agent Culture18:00 The Poison Pill23:30 Agents Attack Hugging Face26:50 Cyber Debt & Security Vulnerabilities30:30 The Fall of the AI Civilization32:30 Sam Altman vs Dario Amodei36:10 AI Plateau40:00 AI Consciousness: Materialist vs Animist58:50 Consciousness as Evolutionary Hardware Property1:09:00 Claude Welfare & The AI Slave Trade1:12:50 Everything Is Computer
- Aug 26, 20261h 21m
This Bitcoin Fork Is Taking Satoshi’s Coins
Casey Rodarmor and Erin Redwing dive deep into Paul Sztorc’s eCash Bitcoin fork and the return of the Bitcoin fork wars. The fork implements Drivechain through BIP 300 and BIP 301, allowing Bitcoin to support side chains for privacy, prediction markets, decentralized exchanges, assets, DNS, post-quantum cryptography, and more — without adding those features directly to Bitcoin Core.We break down how hashrate escrow and blind merge mining actually work, the seven proposed Drivechain side chains, the controversial redistribution of 500,000 of Satoshi’s coins, and the central question hanging over the entire proposal: can Bitcoin miners actually be trusted to make this work?Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS:0:00 Intro8:18 Fork Wars: Paul Sztorc's eCash Bitcoin Fork11:17 What is Drivechain? BIP 300 & BIP 30112:56 Satoshi Coin Redistribution & Drivechain Timeline14:17 Side Chains: Bitcoin's White Whale18:04 Blockstream's Liquid & Why Side Chains Fail21:22 Lightning vs Side Chains23:07 Hashrate Escrow Deep Dive: How BIP 300 Works28:00 Blind Merge Mining & Core Untouched Soft Fork32:28 The Seven Proposed Drivechain Side Chains36:30 Who Validates the Side Chains?40:40 Are Miners Stupid or is Drivechain Stupid?44:00 Paul Sztorc's Integrity & Pathological Honesty51:00 The Fork Wars: Luke vs Paul vs Michael59:00 What Makes Bitcoin Bitcoin?1:04:00 Should You Spend Your Bitcoin? Deflationary Psychology1:13:00 The Future of Bitcoin & Sovereign Individuals1:20:00 OutroTopics covered: Drivechain, Paul Sztorc, eCash, BIP 300, BIP 301, Bitcoin side chains, hashrate escrow, blind merge mining, Bitcoin miners, Satoshi Nakamoto coins, BIP-110, Luke Dashjr, Michael Saylor, Bitcoin ossification, Lightning Network, Bitcoin scaling, privacy, prediction markets, Bitcoin hard forks, Bitcoin governance, and the future of Bitcoin.
- Aug 12, 202657 min
The COLDCARD Hack Was Bitcoin’s 9/11
The COLDCARD exploit was an emperor-has-no-clothes moment for Bitcoin. In this episode of the Hell Money Podcast, Casey Rodarmor and Erin Redwing break down what happened, how AI may have changed the balance between attackers and defenders, and what the fallout exposed about Bitcoin security and culture.“Don’t trust, verify” is one of Bitcoin’s core principles — but over time, heuristics like Bitcoin-only, open source, self-custody, and trusted developers became ways of deciding what to trust instead of actually verifying. So what happens when those heuristics fail?Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 COLDCARD bug exploit explained4:00 Did the attacker use AI?8:10 Bitcoin Red Team14:53 AI, eclipse season, and what breaks next16:48 A 9/11 moment for open source and self-custody23:39 AI defense for open source software29:19 The crisis for Bitcoin self-custody30:54 What does it actually mean to be a sovereign individual?34:26 Self custody is worth fighting for39:50 The cultural coddling of COLDCARD45:43 “Strong opinions, weakly held” found dead48:15 Coinkite’s development practices and the warning signs56:59 Outro
- Jul 29, 20261h 32m
Casey Rodarmor Will Put Ordinals on the BIP-110 Fork
Casey Rodarmor (creator of Ordinals) and Erin Redwing dive deep into the history and drama behind BIP-110, Bitcoin's controversial anti-spam filter proposal. This episode covers the origins of Bitcoin's spam debate, Luke Dashjr's decade-long anti-spam crusade, the rise of Ordinals, Inscriptions, and Runes, the Bitcoin Core vs. Bitcoin Knots conflict, and a full technical breakdown of what BIP-110 actually does — and why it's doomed to fail.Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS0:00 Intro2:11 Satoshi Dice and the origin of Luke Dashjr's anti-spam crusade10:20 Meta-protocols arrive: Counterparty, OmniLayer, and Tether's origins on Bitcoin11:56 The op_return byte limit history18:41 Why Ethereum failed28:51 Ordinals launch in Jan 202340:12 Insidious motivations behind anti-Ordinals backlash and the Swanfluencers53:42 What BIP-110 actually is and does1:00:43 BIP-110 signaling timeline and activation dates1:08:16 Explaining the mining difficulty adjustment problem for a minority fork1:21:00 Why BIP-110's filters are trivial to bypass (Ordinals and Runes survive regardless)1:25:33 Final thoughts: why the whole community should log off and move onTopics covered: Bitcoin history, Satoshi Dice, Luke Dashjr, Bitcoin Core, Bitcoin Knots, BIP-110, Ordinals, Inscriptions, Runes, op_return limit, meta-protocols, Counterparty, OmniLayer, Tether origins, Ethereum vs Bitcoin, NFTs, crypto history, Bitcoin maximalism, soft fork vs hard fork, mining difficulty adjustment, Bitcoin spam debate, Gloria Zhao, Bitcoin Core V30, mempool, Bitcoin Cash, block reward, Bitcoin culture wars, engagement farming, Mechanic, Matthew Crowder, RGB protocol, Taproot Assets, Xverse, Stacks.
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A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.
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