In this episode, Bitcoin core developer Peter Todd discusses the rise of Bitcoin Knots, censorship debates, op_return limits, miner incentives, the challenges of blocking ordinals and inscriptions, scaling via Lightning, the future of Bitcoin development, and more. Enjoy! — Follow Peter: https://x.com/peterktodd Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: https://twitter.com/SupplyShockBW Follow Blockworks: https://twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock Supply Shock Survey: https://bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 — Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space. Visit https://www.ledn.io/ to learn more. — Timestamps: (00:00) Introduction (01:24) Bitcoin's Firestorm (02:07) Ledn Title Ad (02:28) Bitcoin's Firestorm (06:27) Satoshi Dice (08:50) Censoring Transactions (13:34) Ability to Dissent (16:45) Ledn Ad (17:22) Is Bitcoin Knots A Threat? (20:16) The Knots Critique of Bitcoin (27:52) Making A Moral Argument (28:46) Ledn Ad (29:32) Making A Moral Argument (32:03) Responsibility of Miners (35:54) Filtering is Pointless (37:33) “Shoulds” vs Reality (41:56) Development & Price (44:56) Multiple Bitcoin Soft Forks (47:19) Bitcoin Dream Development (49:53) Alternative Financial System (53:22) Innovations in Crypto — Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Bitcoin #Crypto #SupplyShock