{"id":19920,"date":"2019-06-19T20:25:31","date_gmt":"2019-06-19T20:25:31","guid":{"rendered":"http:\/\/ci027cfe6e200d2697"},"modified":"2025-01-27T21:49:23","modified_gmt":"2025-01-27T21:49:23","slug":"why-bitcoins-security-is-just-fine","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/culture\/why-bitcoins-security-is-just-fine","title":{"rendered":"Why Bitcoin\u2019s Security Is Just Fine"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/introducing-the-bitcoin-magazine-podcast.jpg\" title=\"\"><\/figure>\n<p>In this episode, Dave and Grahm cover the latest <em>Bitcoin Magazine<\/em> stories: shadow banking in the crypto space, Binance\u2019s U.S.-regulation-compliant spinoff company and ways to explain Bitcoin to your dad. Then they welcome back recurring guest Dan Held, director of business development at Interchange. They discuss Held\u2019s recent essay on Bitcoin\u2019s security, the halving and Bitcoin\u2019s best use case (whether that\u2019s as a store of value or by enabling more efficient payments).<\/p>\n<h3>Resources<\/h3>\n<ul>\n<li><strong>News:<\/strong><br \/>\nHow to Explain Bitcoin to Your Dad on Father\u2019s Day: An Infographic<br \/>\nBinance to Block All U.S. Users, Launch Regulation-Compliant Spinoff Site<br \/>\nShadow Banking Explained: How Crypto Companies Play With Money in the Dark\n<\/li>\n<\/ul>\n<ul>\n<li><strong>Dan Held Interview:<\/strong><br \/>\nBitcoin\u2019s Security is Fine: Fears over the declining block reward are overblown (by Dan Held)<br \/>\nHayek and the Nobel Prize<br \/>\nSam Patt\u2019s tweet on Bitcoin not being built primarily as a store of value<br \/>\nDan\u2019s infamous tweet: #bitcoin \u201ctoo expensive\u201d\n<\/li>\n<\/ul>\n<p><a href=\"https:\/\/letstalkbitcoin.com\/blog\/category\/bitcoinmagazine\" target=\"_blank\" rel=\"noopener\">Check out more Bitcoin Magazine Podcast episodes!<\/a><\/p>\n<p><strong>The show is also available on:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-bitcoin-magazine-podcast\/id1459884105\" target=\"_blank\" rel=\"noopener\">iTunes<\/a><\/li>\n<li><a href=\"https:\/\/play.google.com\/music\/listen?u=0#\/ps\/Idpcekhbngvtfise5vetvbrxwxy\" target=\"_blank\" rel=\"noopener\">Google Play<\/a><\/li>\n<li><a href=\"https:\/\/open.spotify.com\/show\/1IxBiqXrUwWUgwiQwKWwxk\" target=\"_blank\" rel=\"noopener\">Spotify<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/channel\/UCsIA801u-VFyH27VlOvNuSg\" target=\"_blank\" rel=\"noopener\">YouTube<\/a><\/li>\n<li><a href=\"https:\/\/www.stitcher.com\/podcast\/btc-media-2\/the-bitcoin-magazine-podcast\" target=\"_blank\" rel=\"noopener\">Stitcher<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In this episode, Dave and Grahm cover shadow banking, Binance\u2019s U.S.-regulation-compliant spinoff company and welcome back recurring guest Dan Held.<\/p>\n","protected":false},"author":2520,"featured_media":17248,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[826,1856,344,1739,330],"class_list":{"0":"post-19920","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-culture","8":"tag-binance","9":"tag-dan-held","10":"tag-halving","11":"tag-podcasts","12":"tag-security"},"author_data":{"id":2520,"name":"Bitcoin Magazine","nicename":"bitcoin-magazine","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/bitcoin-magazine-logo.jpeg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/introducing-the-bitcoin-magazine-podcast.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/19920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2520"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=19920"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/19920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/17248"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=19920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=19920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=19920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}