Taking Care of Bitcoin

What If Someone Builds a Better Digital Currency Than Bitcoin?

TCB addresses the challenge of whether a “better” digital currency could replace Bitcoin, arguing that “better” depends on trade-offs among speed, cost, privacy, scalability, decentralization, and scarcity. It explains that while Bitcoin’s open-source code is easy to copy, its history, credibility, accumulated security, liquidity, in...

What Happens If Someone Tries to Buy All the Bitcoin?

TCB explains that “buying all the Bitcoin” is practically impossible and wouldn’t confer control over the network. Bitcoin’s price is set at the margin, so large purchases quickly exhaust available sellers near the current price and force the buyer to bid progressively higher to entice increasingly reluctant holders; some may refuse to sell at any ...

Bitcoin, Debasement, and Self-Custody: A Newcomer Conversation with Gabriel Bloyd

TCB speaks with Bitcoin newcomer Gabriel Bloyd, a married father of four who first heard about crypto in 2014–2015 from a high-school friend. Bloyd asks how Bitcoin’s easy cross-border transfer and fixed supply affect governments, taxation, and a dollar he sees as losing value. The host argues U.S. monetary debasement is inevitable ...

Taking Care of Bitcoin with David Biles! 

Housing, Inflation, and Sound Money

TCB talks with David Biles, who says he’s new to economics but thinks deeply about money, housing, and broader impacts. They discuss why housing has been treated as an appreciating asset and connect rising prices across industries to currency debasement from ongoing money printing tied to U.S. debt and deficits. The host explains Bitcoin&...

Today we answer the question: Isn't Volatility a Problem for Bitcoin?

Is Bitcoin Volatility a Problem—or Proof It’s Still Monetizing?

TCB argues that Bitcoin’s volatility is not evidence it is failing as money, but evidence it is still monetizing through global price discovery. Comparing Bitcoin to mature systems like the U.S. dollar is framed as like comparing a startup to a Fortune 500 company; a better co...

Today we answer the question: Won't Bitcoin Fall into a Deflationary Spiral?

Will Bitcoin Trigger a Deflationary Spiral? 

Productivity, Inflation, and AI Abundance

TCB addresses the objection that Bitcoin would cause a deflationary spiral by encouraging hoarding, arguing instead that deflation is often the natural result of free-market productivity gains. It distinguishes “bad deflation” from collapsing credit...

Bitcoin, AI, and the Future of Money with Cale McQuitty

TCB talks to Cale McQuitty, a Houston-based fabrication company co-owner who has pivoted into data centers, about how he first encountered Bitcoin, moved past “get rich quick” impressions, and came to see it as a mix of money, technology, and a network. They discuss institutional and nation-state involvement (including ETFs and a U.S. Bitcoin reserve holding...

Today we answer the question: Won't the Finite Amount of Bitcoin Be a Limitation?

Is Bitcoin’s Fixed 21M Supply a Limitation? Divisibility, Deflation, and Sound Money

TCB addresses the criticism that Bitcoin’s fixed 21 million supply can’t support a global economy, arguing scarcity is central to its value and prevents inflation by governments and central banks. It explains Bitcoin’s post-2008 origins, ...

Today we answer the question, Does Bitcoin Unfairly Benefit Early Adopters?

TCB argues that criticism of Bitcoin “unfairly” enriching early adopters reflects a double standard, since early investors in companies like Amazon or Apple are celebrated. It claims fairness is about equal opportunity, and Bitcoin was broadly accessible with no gatekeepers, minimums, or insider rounds; it was “ignored,” not h...

Today we answer the question: Is Bitcoin a Ponzi Scheme?

TCB examines the claim that Bitcoin is a Ponzi scheme and argues instead that the modern fiat monetary system more closely matches Ponzi characteristics. It defines a Ponzi scheme by five traits: a central operator, promised returns, paying old investors with new investor money, lack of transparency, and dependence on constant inflows. It then compares these to governm...

Today we answer the question: Is Bitcoin a Bubble?

TCB argues that Bitcoin is often labeled a bubble, but true bubbles don’t solve problems and, after collapsing, don’t recover (as with 1637 tulip mania). While Bitcoin is highly volatile and has repeated 70–80% drawdowns, it has historically rebounded to higher lows and driven stronger infrastructure, suggesting price discovery rather than a permanent colla...

Today we answer the question: Can Bitcoin Become Worthless?

We examine whether Bitcoin can become worthless, defining worthless as when no one subjectively sees value in something. We argue that historically money becomes worthless mainly through uncontrolled supply expansion and inflation—citing Weimar, Zimbabwe, Venezuela, and noting the U.S. dollar has lost 97% of its purchasing power since 1913 alongside roughly 10...

TCB Re-Hash with Matt Marfil: Volatility, Self-Custody, ETFs, and Fiat Debasement

Today we revisit Matt Marfil, three and a half years after our November 2022 talk near Bitcoin’s ~$15,700 low, discussing its rise to 126k and pullback to 60k. Matt still views Bitcoin as inflation-proof, non-government-manipulable money but finds price uncertainty difficult; the host argues price is “advertising,” while ETFs brought ...

Today we answer the question: Why Does Bitcoin Have Value?

• Bitcoin isn't backed by anything
• Monetary parameters that give something value
• Absolute scarcity
• Decentralization/Trust minimization
• Security/Immutability
• Bitcoin is digital property rights
• Global, neutral money

And more!

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Instagram: @TCBcoin https://www.instagram.com/tcbcoin/

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Tale from the front lines: accused of operating an unlicensed money transmitting business!  Today we talk with Dave Scotese about...

• Discovery of digital scarcity
• Difficulty of replicating Bitcoin
• First mover advantage
• Psychology of asset valuation
• Accusation of operating an unlicensed money transmitting business and money laundering
• The system understanding Bitcoin as a threat to its power structure
• Hubris of the political class
• ...

Bitcoin is for Non-Profits!

  Today we talk with The Bitcoin District Initiative Founder and President Trey Musgrave about...

• Patience required to build Bitcoin conviction
• Importance of building a Bitcoin circular economy
• Paradigm shifting from speculative asset to superior money
• The asset is the network
• Hurdles to merchant adoption
• Clarifying Bitcoin is not crypto
• Bitcoin attacks succumbing to mathematical inevitability
• Cash is a ...

Today we check back in with TCB Episode 7 guest Mike Albert!

  We discuss...

• Intersection of Bitcoin and Artificial Intelligence
• Bitcoin as a tool to pay down the national debt
• Bitcoin store of value vs. medium of exchange
• Difficulty of valuing Bitcoin
• Bitcoin repricing the world
• Future of Bitcoin mining
• Update on Bitcoin energy use
• Need for quantum resistance

And more!

X: @TCBcoin https://x.com/TCBcoin

Instagram: @TCBcoi...