
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 - 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/
0:00 - What's behind bitcoin's rally? 8:33 - Open Source AI Summit and questions for David Sacks 18:00 - Berd and Block’s growing stack of open-source AI agents 22:30 - Alby's TaskFuel simplifying payments for agents 30:14 - The missing credential layer for agents 36:46 - Making sense of Stripe’s OpenRouter acquisition 48:02 - What's OpenRouter’s moat? 52:50 - Apple, OpenAI and the battle for user intent 57:46 - Making the internet infinitely programmable 1:07:47 - BlackRock's new case for bitcoin 1:21:03 - What causes bitcoin’s four-year cycle? 1:26:25 - Strategy's notable resilience 1:30:49 - Is bitcoin becoming more centralized and how best to measure it? SHOW NOTES: https://opensourceaisummit.org/ https://www.blackrock.com/us/financial-professionals/literature/whitepaper/re-underwriting-bitcoin.pdf
0:00 - Last week’s breakout episode 1:36 - Bitcoin, AI and energy are starting to converge 12:06 - Announcing the Type II Summit 15:05 - Panthalassa and offshore compute 17:30 - Introducing the PB Media Archive (pbarchive.ai) 22:15 - Reexamining podcast accountability and ad incentives post-COLDCARD 34:55 - The BTCPay Server exploit (happening in real time) 36:11 - No software project should assume it’s safe 41:20 - Why closed source won’t protect software from AI (OpenAI–Hugging Face incident) 53:40 - Project Loupe’s approach to AI security scanning & learnings 1:01:30 - The push to get early AI access for bitcoin developers 1:06:30 - How the COLDCARD incident has rallied bitcoin security (e.g., Bitcoin Red Team) 1:13:00 - The hidden risks of DIY bitcoin entropy 1:21:50 - Was the COLDCARD hack an inside job? 1:28:24 - Rethinking responsible disclosure in the AI era 1:35:12 - How vulnerable is the Lightning Network to AI? 1:37:25 - Will agents choose bitcoin or create something new? 1:42:45 - White-hat hacking, recovery and property rights 1:54:48 - Spiral’s idea for a neutral protocol for multi-vendor wallet security SHOW NOTES: PB Media Archive: https://pbarchive.ai/ COLDCARD PBJ: https://youtube.com/live/cSXOmwI38Jo?feature=share
0:00 - The COLDCARD hack: bitcoin’s worst security incident ever? 4:30 - What happened and how thefts were identified 7:04 - The random-number failure behind the hack 13:24 - The right way to generate wallet entropy (i.e., dice rolls) 20:45 - Who is affected and what users should do 31:43 - Custody options and why diversification matters 37:37 - The source-license change behind the COLDCARD bug 40:33 - How AI changes open-source security audits 52:30 - How the community can limit further theft 59:56 - Why patches cannot fix keys and recovering stolen bitcoin 1:10:37 - Does AI strengthen the case for custodians? 1:16:30 - Future of self-custody 1:21:43 - Evaluating Bitkey, Ledger, Trezor and multisig post-COLDCARD 1:31:04 - ETFs, custodians and new transparency standards SHOW NOTES: PBJ custody survey episode: https://www.youtube.com/watch?v=OSanv5Z-DA4 Block COLDCARD blog post: https://engineering.block.xyz/blog/predictable-rng-fallback-and-32-bit-reseed-in-coldcard-firmware
0:00 - Opening banter, Nostr momentum & voice-first computing 7:21 - Presidio Bitcoin’s visiting member program 10:30 - Bitcoin Security Consortium: quantum preparedness, tradeoffs & independent funding 26:07 - Buzz launches to strong early adoption 35:53 - Buzz’s Nostr architecture and user-owned identity 48:28 - Can Anthropic or OpenAI copy Buzz? 53:24 - Buzz onboarding, local agents & security tradeoffs 1:03:37 - Learning through shared agents and 15-minute hackathons 1:07:54 - Mesh LLM and bitcoin-powered agent onboarding 1:18:52 - Wavelength and the growing Ark ecosystem 1:27:08 - Foundry’s BIP 110 vote and Stratum V2 1:37:20 - Nostr web of trust for humans and agents 1:41:10 - DK's treasure hunt progress and AI-assisted mysteries
0:00 Making music with AI and the limits of today’s models 3:21 - Latent spaces & the future of creativity 8:04 - Will AI surpass human curiosity? 12:54 - Using AI to rediscover the ancient past 18:23 - How AI is transforming real-world treasure hunting 33:09 - Using Buzz and agents to solve unsolved mysteries 42:32 - Project Loupe’s early success and who should it scan next? 48:07 - Which projects deserve Loupe's audits? 1:08:20 - What Stripe could gain by acquiring PayPal 1:09:56 - Bitcoin’s worsening performance against gold 1:15:51 - Kimi K3, the open-weight AI race, and what it means for frontier AI labs
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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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