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In episode #109 of The Bitcoin Way Podcast, Chris Guida joins to discuss why Bitcoin is money, how Ordinals and spam abuse the blockchain, and how BIP 110 fixes this.

You can follow Chris on X at https://x.com/cguida6 and learn more about Ambrosia at https://ambrosiapay.com/en/.

00:00 - Guest Introduction

00:45 - Chris Guida’s background & how he got into Bitcoin

06:17 - Early Bitcoin experiences & developer perspective

12:18 - Ethereum, Vitalik & ecosystem comparisons

18:40 - Bitcoin philosophy vs other chains

25:15 - Challenges in Bitcoin development

32:10 - Personal life & balancing work in Bitcoin

39:13 - Bitcoin culture & internal tensions

45:59 - Adoption, incentives & economic tradeoffs

52:24 - Coordination problems in development

59:40 - Technical breakdown (transactions / protocol)

1:03:50 - BIP 110 explained (upgrade mechanics & implications)

1:07:30 - Activation clients & governance

1:14:09 - Preserving Bitcoin long-term

1:21:20 - Closing thoughts

01:25:51 - Outro

⏯️ RECENT PODCASTS:

The Last Money Standing with Joel Hodlman: https://youtu.be/RjdVbvqsg-c

Panama’s Bitcoin Mayor with Mayer Mizrachi: https://youtu.be/9Wt-m0EW1L4

The Man Securing Bitcoin with HODL Tarantula: https://youtu.be/wqdrrv0K0QM

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On The Bitcoin Way Podcast, Michael Jordan invites on guests with a wide range of expertise and skillsets related to Bitcoin, including investing, macroeconomic and financial trends, mining, education, and more.

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This show is for entertainment purposes only. Before making any financial or legal decisions consult a professional.