Bip 110, Financial Engineering And The Fall Of Bitcoin Core. - Matthew Kratter. #612

From Berkley University to trading for Peter Thiel, to finding Bitcoin!

$ BTC 65,610

Block Height 952,238

Todays guest on the show is Matthew Kratter of Bitcoin University. We discuss Matt's journey from TradFi to Bitcoin, his critiques of financial engineering and loan products, and the ongoing "Spam Wars" and BIP-110 soft fork debate within the Bitcoin community.

Key Topics:

• Matthew Kratter's TradFi background and entry into Bitcoin
• Critique of financial engineering and "Bitcoin Treasury Companies"
• Dangers of Bitcoin loan products and rehypothecation
• The "Spam Wars" and Ordinals/BRC20 tokens on Bitcoin
• Critique of Bitcoin Core development philosophy and policies
• Explanation and support for BIP-110 User Activated Soft Fork (UASF)
• Importance of Bitcoin node runners and self-education
• Personal reflections on Peter Thiel's trajectory Check out my book ‘Choose Life’ - https://bitcoinbook.shop/search?q=prince Pleb Service Announcements: Join 20 thousand Bitcoiners on @cluborange https://signup.cluborange.org/co/princey CONFERENCES: BTC PRAGUE - 11th - 13th June 2026 http://btcprg.me/BITTEN - Use code BITTEN for - 10% BTC HEL - 25th - 26th September 2026. - Helsinki https://btchel.com/ Use code BITTEN for - 10% My First Bitcoin. https://myfirstbitcoin.org/ Shills and Mench’s: BITBOX - SELF CUSTODY YOUR BITCOIN - www.bitbox.swiss/bitten Use Code BITTEN THE MEETUP BREAKDWON - BITCOIN EVENTS UK - https://www.themeetupbreakdown.com/ SWAN BITCOIN - www.swan.com/bitten PLEBEIAN MARKET - BUY AND SELL STUFF FOR SATS; https://plebeian.market/ @PlebeianMarket ZAPRITE - https://zaprite.com/bitten - Invoicing and accounting for Bitcoiners - Save $40 SATSBACK - Shop online and earn back sats! https://satsback.com/register/5AxjyPRZV8PNJGlM ALL FURTHER LINKS HERE - FOR DISCOUNTS AND OFFERS - https://vida.page/princey - https://linktr.ee/princey21m