Matt Explains: Bitcoin

12/17/24 • 31 min

Ever wanted a simple and non-technical explanation of what, exactly, Bitcoin is and why it's gotten so much attention? Then this is the episode for you!
Matt explains why Bitcoin exists and how it works in non-technical terms that anyone can easily understand.

01:26 The Birth of Bitcoin

02:36 Understanding Bitcoin and Blockchain

06:20 Bitcoin Mining Explained

11:57 The Nature of Money

14:10 The US Dollar and Its Challenges

21:13 Gold as a Store of Value

23:00 Why Bitcoin?

24:49 Bitcoin's Value and Security

26:26 Challenges and Risks of Bitcoin

27:52 Using Bitcoin and Centralized Services

30:28 Conclusion

If you want to get in touch, hit me at [email protected] with comments or thoughts on what you'd like to have covered in future episodes.

01:26 The Birth of Bitcoin

02:36 Understanding Bitcoin and Blockchain

06:20 Bitcoin Mining Explained

11:57 The Nature of Money

14:10 The US Dollar and Its Challenges

21:13 Gold as a Store of Value

23:00 Why Bitcoin?

24:49 Bitcoin's Value and Security

26:26 Challenges and Risks of Bitcoin

27:52 Using Bitcoin and Centralized Services

30:28 Conclusion

If you want to get in touch, hit me at [email protected] with comments or thoughts on what you'd like to have covered in future episodes.

Previous Episode

Moms, Markets, and Messiahs

Episode 5 of No Tacos for Tyrants is a whirlwind of political chaos, personal karma, and a journey into the absurdity of our modern world. Host Matt Mihaly kicks off with a savage takedown of Thanksgiving family dynamics and how the justice system finally gave us a moment of pure schadenfreude. From there, we tackle Trump’s plans to invade Mexico, the brutal takedown of Pete Hegseth by his own mother, and why Mark Zuckerberg’s trip to Mar-a-Lago is the perfect picture of tech bro subservience in an authoritarian world. Plus, we unpack Australia’s groundbreaking social media ban for kids under 16 and the messy influencer drama that could redefine copyright law.

On the policy front, Matt explores how prediction markets foresaw Trump’s victory better than the polls and dives into the global climate crisis as the ultimate tragedy of the commons. We also highlight a game-changing carbon-capture powder that could outpace trees in cleaning the air and celebrate England’s bold move to legalize assisted suicide. To wrap up, Matt leaves us with Techbro Messiah, a musical diss track about everyone’s least favorite oligarch, Elon Musk. Packed with irreverence, insight, and just enough rage to keep it spicy, this episode is one you don’t want to miss!
See the Techbro Messiah video on YouTube: https://www.youtube.com/watch?v=uuubVDVkr4o

If you want to get in touch, hit me at [email protected] with comments or thoughts on what you'd like to have covered in future episodes.

Next Episode

Insurrections, Legacies, and Predictions

Episode 7 of No Tacos for Tyrants starts the year with a look at the unfortunate political realities of 2025. Host Matt Mihaly reflects on the anniversary of January 6th and breaks down the failures of Democratic messaging, the inaction of the Supreme Court, and the unsettling loyalty of Trump’s base. The Muskwatch segment returns, taking aim at Elon Musk’s latest antics, from online sock-puppeting to being an internattion

The episode also takes a look at the situation in South Korea and dives into the legacy of Jimmy Carter, highlighting his signature achievements. Matt shares his 2025 predictions, including the emergence of a new centrist political party and the tech industry’s nuclear-powered future. On a lighter note, he recounts his awe at Taylor Swift’s Eras Tour finale and his new love of New Zealand.

If you want to get in touch, hit me at [email protected] with comments or thoughts on what you'd like to have covered in future episodes.