In this episode, Pierre Rochard revisits his foundational experience with the Nakamoto Institute and its influence on bitcoin philosophy, including "Hyperbitcoinization" and "Speculative Attack." Rochard recounts his transition from an accountant to software engineer to product manager at Kraken, emphasizing the importance of the 'don’t trust, verify' approach in his work. He tackles common bitcoin misconceptions, the New York Times environmental impact controversy, and the future of Bitcoin mining amidst halving block rewards. Rochard critically assesses the Stock-to-Flow concept and shares his bullish outlook for bitcoin. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show out with your friends and family → Send us an email [email protected] TIMESTAMPS: 00:00:00 Intro 00:01:22 The Nakamoto Institute and speculative attacks 00:07:03 Why are we not seeing more speculative attacks? 00:13:42 Auditing Everything 00:18:29 Building bitcoin products 00:22:02 What are we wrong about? 00:24:04 Auditing bitcoin miners emitting CO2 00:31:20 2024 halving from a miner’s perspective 00:39:40 Auditing the S2F model and concept 00:44:56 Auditing Artificial Intelligence WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained Linkedin: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Pierre Rochard’s Twitter: https://twitter.com/BitcoinPierre  → Joe Burnett’s Twitter: https://twitter.com/IIICapital