
Free Daily Podcast Summary
by With David King, Max Webster, and Steve Lee
PBJ is a weekly live show recorded at Presidio Bitcoin where 3 friends gather to make sense of bitcoin’s latest topics, from distilling technical concepts to discussing new ways to use bitcoin to determining its impact on the financial system. Join David King, Steve Lee, and Max Webster, longtime bitcoiners with deep roots in Silicon Valley, as they swap knowledge, challenge assumptions, and joust about the big questions of the day, bridging the gap between big tech and bitcoin.
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0:00 - Halloween, basketball, and the changing NCAA rules 7:04 - Block’s Dessa speech model: why sound more human? 12:56 - Do human-like AI interfaces put our agency at risk? 26:27 - Can private AI compete with subsidized frontier models? 36:02 - Could Mesh LLM make local AI pay for itself? 39:54 - Binance hack and hardware wallet supply-chain risks 47:59 - Rethinking bitcoin custody as AI attacks intensify 53:59 - Frozen stablecoin collateral exposes hidden risks in DeFi 58:45 - Why Google is entering crypto self-custody 1:05:18 - Why better technology hasn’t delivered bitcoin payment adoption 1:13:31 - Is online gambling finding real demand for Lightning? 1:18:08 - Square payments: fixing checkout friction and communicating rewards 1:25:57 - AI agents and services worth paying bitcoin for 1:27:27 - Could bitcoin naming work without scaling to everyone? 1:33:30 - Will AI chat interfaces control the internet? Show Notes: Dessa: https://block.xyz/dessa Mesh LLM: https://meshllm.cloud/ Spiral: https://spiral.xyz/ SUBSCRIBE: https://www.youtube.com/@PresidioBitcoin
0:00 - PBJ returns 1:01 - AGNTCon takeaways and Goose Development Kit demos 4:48 - Sig demo: bringing decentralized AI (Mesh LLM) and bitcoin to Signal 7:05 - Paying for AI inference with bitcoin over Lightning (Lexe, Alby) 16:14 - Mesh LLM as a buyer of unused GPU compute 23:44 - Privacy, security and liability in decentralized AI compute 28:15 - Can AI agents borrow bitcoin and access credit? 41:06 - Chamath's Bitcoin-to-zero warning and assessing the real risks 46:09 - How secure and resilient is Bitcoin Core against AI-discovered vulnerabilities? 52:23 - The mathematical risks AI poses to bitcoin and cryptography 1:04:14 - Why bitcoin faces unique cybersecurity and quantum risks 1:10:04 - Using AI to rethink Tesla, SpaceX and personal investing 1:16:16 - Tesla's Full Self-Driving and changing minds on Elon 1:20:00 - The long-term investment case for Tesla and SpaceX 1:24:05 - Creating professional presentations with Claude Design Show Notes: goose: https://goose-docs.ai/ Mesh LLM: https://meshllm.cloud/ Chamath on bitcoin: https://www.youtube.com/watch?v=kAwG9E1W_ME&t=6428s Claude reveals ECDSA curve origins: https://www.anthropic.com/research/ecdsa-curve-origins Project Loupe: https://www.projectloupe.org/
0:00 - Confirming DK's identity 2:10 - Naming Open Source AI, how about Open Superintelligence? 5:53 - Open weights, open source, and model transparency 12:02 - Why NVIDIA could make Open Superintelligence real 19:50 - Is bitcoin dying from AI and quantum? 24:56 - ECDSA, and bitcoin’s assumptions 31:55 - OpenAI math breakthroughs and mathematicians’ backlash 39:04 - Winning people over with useful AI demos 49:52 - Fresh addresses, Taproot, and public key risk 57:35 - Steve's visit to Chaincode Dialogues and post-quantum bitcoin 1:02:57 - Anthropic security scans and Project Loupe 1:10:37 - Ledger supply-chain attack and hardware wallet trust 1:14:30 - Personal agents, GrokBot, and AI wallets 1:21:05 - Agent loops, email access, and deterministic control 1:33:23 - Cash App whole-coiner financing and AI banks
0:00 - NCAA chaos and travel plans 4:06 - Deepfakes and proving identity (biometrics, signed video, Face ID) 12:07 - Key storage, social recovery and webs of trust 18:43 - Ideas for PBJ: AI fact-checkers, audience agents, live summaries 29:13 - Could an AI become PBJ’s fourth host (via Goose Development Kit)? 32:21 - What the White House AI accord actually does 37:18 - The problem with traditional audits for probabilistic AI systems 43:40 - america.gov and the AI ovethaul of government services 47:56 - Starlink’s path to becoming the internet 51:39 - Starlink’s (surprising) share of global internet capacity 58:42 - Starlink's centralization risk 1:08:48 - The future of the nation state 1:15:55 - Building agent economies with bitcoin 1:24:28 - Bitcoin for agent coordination and streaming inference payments Show Notes: White House Super Intelligence executive order: https://www.whitehouse.gov/presidential-actions/2026/09/inaugurating-the-era-of-super-intelligence AI-powered government services portal: https://america.gov/
0:00 - PBJ growth, consistency, and staying ad-free 12:42 - Why PBJ changed its tagline 15:00 - AI agents the users bitcoin was waiting for 18:36 - How x402 added bitcoin and Lightning support 32:44 - Getting agents and merchants to choose bitcoin 48:26 - Open USD and the new stablecoin power structure 58:47 - Meta, Muse, and who controls agent payments 1:02:25 - Why pitch Lightning instead of bitcoin 1:09:12 - Will agents further centralize the internet? 1:14:02 - Mesh LLM: peer-to-peer inference with bitcoin payments 1:19:02 - Could Signal use Mesh LLM for private AI? 1:25:01 - Bitcoin-style incentives for a decentralized compute market 1:28:45 - Should the internet distinguish humans from agents? 1:35:06 - The emerging permissionless web stack (Nostr Blossom) 1:37:43 - Trump’s “super intelligence” rebrand and AI policy SHOW NOTES: x402: https://block.xyz/inside/block-joins-the-x402-foundation-to-advance-open-agentic-commerce Open USD: https://x.com/openstandard/status/2103152613634293959 Radar: https://radar.particle.pro/
0:00 - How Buzz and GrokBot changed PBJ show prep 9:15 - Building a bitcoin-native agent with GrokBot 17:16 - Why agents will need bitcoin 19:08 - Integrating bitcoin payments into Mesh LLM 23:22 - Bitcoin vs stablecoins for agent payments (bitcoin's edge) 34:52 - Designing online services for agents 37:44 - Using GrokBot: building, personal assistant, convenience and security tradeoffs 43:39 - Passwords, 2FA and credentials for agents 56:55 - Why AI needs a new peer-to-peer internet 1:02:16 - Defining AGI, ASI and autonomous agency 1:05:50 - Who is liable for runaway agents? 1:16:28 - Can regulation keep up with frontier AI? 1:25:43 - AI hacking and the questions of agency and autonomy 1:31:01 - Spiral’s open-source AI film and interactive media ideas SHOW NOTES: https://meshllm.cloud/
0:00 - Special Thursday PBJ 0:59 - How Blockstream Liquid works and how it was hacked 6:57 - The strange (extortionate?) “white hat” twist 10:45 - AI security scanning and Liquid’s 'fix' that made things worse 12:50 - What the Liquid hack reveals about federations and custody 20:07 - How Blockstream plans to make Liquid users whole 26:08 - Open Source AI Summit takeaways 31:30 - Anthropic and the threat to open-source AI 39:51 - Open protocols for agents, identity and memory 43:32 - Vora reveals stunning private, local AI hardware SHOW NOTES: https://opensourceaisummit.org/ https://vora.io/
0:00 - Opening banter 0:40 - PBJ Topic Explorer 7:34 - Particle Radar brings AI search for the world’s podcasts 12:35 - Voya Energy's new approach to metal fuels for storage 23:25 - Nvidia doubles down on open-source AI (Hugging Face acquisition) 35:45 - Using GrokBot for long-horizon research 41:54 - Giving agents long-running goals 46:59 - New security risks and attack surfaces from trusting other agents 53:09 - Is Twitter or Cursor’s data more valuable? 1:03:50 - AI security investigations are getting harder 1:06:55 - Core Lightning vulnerabilities and disclosure dilemma 1:18:35 - How far ahead are frontier AI models? 1:23:36 - Building a market for cheap, spare compute 1:30:30 - Darkbloom’s decentralized (Mac) inference network SHOW NOTES: PBJ Topic Explorer: https://pbarchive.ai/topics/ Voya Energy: https://www.voya.energy/news/voya-energy-unveils-a-new-metal-fuels-energy-system-closes-35-million-series-a Darkbloom: https://www.darkbloom.dev/
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PBJ is a weekly live show recorded at Presidio Bitcoin where 3 friends gather to make sense of bitcoin’s latest topics, from distilling technical concepts to discussing new ways to use bitcoin to determining its impact on the financial system. Join David King, Steve Lee, and Max Webster, longtime bitcoiners with deep roots in Silicon Valley, as they swap knowledge, challenge assumptions, and joust about the big questions of the day, bridging the gap between big tech and bitcoin.
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