About

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The Bitcoin Distillery

Welcome to The Bitcoin Distillery, my Bitcoin-focused blog for individuals, investors, and researchers interested in learning more about Bitcoin.

I want to help accelerate your understanding of Bitcoin adoption, mining, policy, and research.

Think of The Bitcoin Distillery as having your own private Bitcoin research team!

I don't sell anything here and there are no blog sponsors. I am semi-retired and my only paid gig is as a Science Advisor with Satoshi Action Education, which gives me enough time to do this blog on the side.

Education and Research

My main motivation for running summaries of Bitcoin YouTube episodes and a variety of research papers is research-related.

One of my specialties is horizon scanning. For example, see our Satoshi Action peer-reviewed Bitcoin mining research priorities article, coauthored by 15 people from the mining sector.

The YouTube briefing notes and research reviews that you see on this blog are added to a large 'What Bitcoiners' Said' dataset, which currently is comprised of >4,000 summarized YouTube podcasts. I use the dataset to identify and prioritize research needs that might support credible Bitcoin policymaking (2023 paper; the 2024 paper is in preparation).

I personally find it far too difficult to keep up with all the 100 or so Bitcoin YouTube episodes published each week. But I can keep up using AI summaries.

I've got most of the process automated now. I detect new episodes via an RSS feed, scrape transcriptions, then summarize those with an AI prompt I've refined over the last 2-years (I started in May 2023 with GPT3.5 and just recently moved to OpenAI GPT o3 mini high). That leaves me with the opportunity for a manual review and edit while I add hyperlinks.

In late-2024 I tried to post a blog on every new long-form Bitcoin YouTube episode that came out but there was a lot of overlapping content, so in 2025 I am picking only select episodes to summarize on the blog. The rest of the summaries just go straight to the dataset. I also have a backlog of older broadcasts that I work in occasionally with the current content.

I thought I would share my summaries publicly in a 'briefing note' format, something I used extensively while working for the Canadian government for 5-years. The notes give a quick overview of content, pertinent web links, some ideas of information gaps and research needs, and a little speculation on the wider implications for Bitcoin and its role in society.

They are much more detailed than an X thread but they are meant to be a starting point: if you find the summary interesting, I recommend listening to the original to get the full story, just in case the AI missed or misinterpreted something important to you.

About me

I am a former environmental economics and policy university professor and have >25 years of international teaching experience. I have extensive editorial experience in academic publishing and my academic writing has garnered over 6,000 citations from his >85 journal articles and technical reports.

Satoshi Action Education

Satoshi Action Education, where I am a Science Advisor, is a global non-profit 501(c)(3) dedicated to researching Bitcoin & the Proof-of-Work consensus mechanism. Dennis Porter is the Founder and President of Satoshi Action Education, and Co-Founder and CEO at advocacy-oriented Satoshi Action Fund.

While they are not a sponsor of this blog, my work with Satoshi Action is what allows me to maintain this blog independently. I work with Satoshi Action because I think what they do is important. To donate, if you so choose, click on this button:

Also, check out some briefing notes from episodes featuring the Satoshi Action crew!

Strategic Bitcoin Reserve Policy Impact
The February 1, 2025 episode of Simply Bitcoin featuring Senator Lummis and Dennis Porter outlines a proposal to establish a Strategic Bitcoin Reserve aimed at reducing national debt and protecting digital asset rights, emphasizing bipartisan legislative support and state-level innovation.

Dennis Porter on Simply Bitcoin, Feb 1, 2025

Bitcoin Supply Shock & Policy Insights
In the January 23, 2025 episode of the Robin Seyr podcast, Murray Rudd outlines how a contraction in Bitcoin’s liquid supply may lead to a dramatic supply shock, while highlighting opportunities in renewable energy integration and state financial innovation.

Murray Rudd on the Robin Seyr Podcast, Jan 23, 2025

Bitcoin Policy Integration Insights
The December 14, 2024 episode of the Tim Kotzman podcast features Dennis Porter, CEO and Co-Founder of Satoshi Action Fund, discussing the rapid growth of strategic Bitcoin reserve legislation across multiple U.S. states.

Dennis Porter on the Tim Kotzman Podcast, Dec 14, 2024

State-Level Bitcoin Reserves and U.S. Legislative Momentum
The December 13, 2024 episode of the Blockstream Talk podcast features Dennis Porter outlining how ten U.S. states are exploring the option of adding Bitcoin to their public treasuries.

Dennis Porter on the Blockstream Talk podcast, Dec 13, 2024

Satoshi Action Education with Dr. Murray Rudd | The Transformation of Value - A Bitcoin Podcast with Cody Ellingham
Dr. Murray Rudd is an environmental economics and policy researcher by training and now Science Advisor for Satoshi Action Education, providing input on economics and environmental science as it relates to Bitcoin. We discuss Murray’s background and work, his new project The Bitcoin Distillery, which is a resource for following and understanding developments in Bitcoin. Finally we explore the way the academic world can engage with Bitcoin in terms of research and collaboration opportunities.

Murray Rudd on the Transformation of Value podcast, Aug 25, 2024

Navigating Bitcoin’s Regulatory Landscape
The August 15, 2024 podcast episode from the Free the Economy series features a discussion between Richard Morrison and Eric Peterson, Policy Director with Satoshi Action Fund. They focus on the intersection of digital assets, specifically Bitcoin, and public policy.

Eric Peterson on the Free the Economy podcast, Aug 15, 2024

Pro-Bitcoin Legislation and Energy Grid Contributions
The July 14, 2023 episode of What Bitcoin Did featured Dennis Porter, who delved into the political efforts behind promoting pro-Bitcoin legislation and the nuances of engaging with both sides of the political aisle.

Dennis Porter on What Bitcoin Did, July 14, 2023


Disclaimer

Do not take content that I summarize as financial advice. Always do you own research: don't trust, verify.

The content on this blog is strictly for education purposes.

For financial advice, consult a professional investment advisor who is familiar with Bitcoin.