Uploaded October 2025 | Updated September 2026, 22 hours ago

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In this episode, Mike Schmidt of Brink unpacks Bitcoin’s current technical war. We cover misconceptions about Bitcoin Core, the heated debate around OP_RETURN and relay policies, the role of node operators versus popular will, how funding and incentives shape development, and the risks of multiple implementations. Enjoy!
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Timestamps:
00:00 Introduction
02:30 Clearing Up Bitcoin Core Myths
05:17 How Bitcoin Core Really Reaches Consensus
09:30 The OP_RETURN & Data Wars
20:30 Why Node Operators Shape the Network
24:02 The Hidden Risks of Knots
26:12 Consensus vs. Popular Opinion
29:00 Putting Bitcoin Core Under the Microscope
31:53 Who Funds Bitcoin Core and Why It Matters
39:39 The Danger of Multiple Implementations
43:22 The Future of Arbitrary Data on Bitcoin
45:06 Final Thoughts
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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.

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