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Mar 22–24, 2027 · Irving Convention Center · Dallas

Talk · Markets

News Surge: A Dental Bill, a Lost Seed Phrase and Liquid Bitcoin

The October 14, 2024 episode read a week of posts on banks, real estate and opsec, then made the case that being able to sell fast matters.

Recorded · Mining Disrupt News Surge · 8 min session

The Mining Disrupt News Surge for Monday, October 14, 2024 spent most of its eight minutes on other people's posts, then ended on a dental bill. The host had a large one to pay. He covered it without touching his bitcoin, but he said it made him notice how fast he could sell some if he had to, and how slowly he could sell almost anything else he owned.

It was a studio show, not a conference session. The host gave the usual note that the show is for entertainment and education and is not financial advice, plugged the Mining Disrupt Expo 2025 at the Broward convention center in Fort Lauderdale on March 25 to 27, and said Mining Disrupt was hiring a Global Marketing Director.

The numbers on Saturday

He recorded on Saturday, with the weather back in the low 60s. On-chain fees were still low. Priority transactions were paying around 25 sats per vbyte, and anyone without a deadline could get through at 2. Public nodes online were back under 19,000.

A week of posts

The format is a roundup: one post for each day of the week, read out, then his own thoughts. He likes to start with something said early in the week and see how it played out, and this time that was a post Dennis Porter made on Sunday:

I have never witnessed Bitcoin coil up this much since discovering it 7 years ago God candle incoming Monday

Mining Disrupt News Surge host · 1:58

The episode did not say whether Monday delivered. Monday's own post, from another account, told viewers to take opsec seriously and prioritize privacy after what the writer called a hard lesson. On Tuesday, Peter Schiff wrote that the US government looked ready to sell a large batch of bitcoin, said that every once in a while the government does something smart, and suggested Saylor have MSTR borrow another $4.3 billion to buy it. A second Tuesday post, from American HODL, joked that it was on brand for Satoshi not to follow him back, tagged Peter Todd, and said with mock surprise that the new documentary he had watched in full turned out to be yet another Blockstream conspiracy film.

Wednesday's item came from Softwarm LLC: a home mining heater that costs about $1,000 to build, puts out 11,000 BTU an hour, draws 3.5 kW and earns about $5 a day in bitcoin. The old electric heater, the post said, no longer has a purpose. On Thursday Adam Back answered the documentary news. Someone was going to talk to documentary makers either way, he wrote, and it was better that it be someone who understands and values Bitcoin's mission than a newcomer pushing an altcoin. Friday's post repeated an old line comparing Bitcoin and banks to email and the post office.

Saturday belonged to Marty Bent. He quoted a post arguing that so many people have put their entire net worth into their homes that it no longer makes sense, and then replied:

real estate as the go-to store value Asset will be looked at as crazy when people come to understand bitcoin's Superior properties

Mining Disrupt News Surge host · 4:19

He listed those properties as finite, divisible, digital and liquid, and said storing value in a consumable good with high maintenance and insurance costs does not make sense. With the recent news from the southeast of the US in mind, the host added a post from StackHodler saying a trillion dollars of prime Florida real estate needs to be repriced, and left the rest of that thread for viewers to read.

Banks and the post office

In his thoughts section the host went back to Friday's line. He did not read it as a forecast that banks will disappear.

we still have post offices we still will have Banks it's just they will be working side by side

Mining Disrupt News Surge host · 5:14

One of them, he said, will simply be used far more often than the other.

The seed phrase on Google Drive

His second point, which he said could not be stressed enough, was opsec. He read a post from a user who believed he had lost a significant portion of his net worth. The user had kept a photo of a handwritten seed phrase that synced to Google Drive, hidden in a random folder. The host said programs, malware and bots search the web around the clock for exactly that, and once they find it the coins are gone.

it is entirely your responsibility there is no CEO to call up there is no bank teller to talk to

Mining Disrupt News Surge host · 6:10

The dental bill

The last point went back to Marty Bent's list and its final word. Being able to sell bitcoin in an emergency, any time you want, is in the host's opinion one of the most important things about it. He granted that people have said so before. It hit home for him because of the dental bill. He did not call it an emergency, and he did not sell any bitcoin to pay it, but it made him look at what he owned. His phone, his hat and the rest could not be sold anywhere near as fast as bitcoin on a digital platform:

with a press of a couple buttons I've sold some Bitcoin if I need to

Mining Disrupt News Surge host · 7:25

He said the importance of that will become more apparent as time goes on. He closed with the one piece of advice he said he felt confident giving: spend an hour a week learning what money is and how the economic system works, and some of that time on Bitcoin, since it is a growing part of that system. Then a last push for Expo tickets in Fort Lauderdale the following March.

Then and now

Bitcoin was $64,882 on October 14, 2024. On October 27, 2026 it was $80,830, about a quarter higher. The episode made no price call to check against that. Its two warnings, guard the seed phrase and know how fast you can sell, were about holding bitcoin, not about where the price would go.

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March 22–24, 2027 · Irving Convention Center · Dallas