This week on Satoshi’s Plebs, McIntosh flies solo while Kenshin takes the week off, and uses the downtime to riff on a question that’s been nagging at him: how does AI actually “pay for things” once agents start doing real work in the world? He shares a bit of personal momentum—how fast modern AI tooling is letting him build software—and then pivots into why Bitcoin (especially Lightning, and possibly eCash backed by Bitcoin) feels like the most natural settlement layer for agent-to-agent commerce.

The big theme is that as agents become more autonomous—and as companies demand standards around security, skills, and guardrails—payments can’t stay “free” forever. McIntosh argues that Bitcoin’s divisibility and existing infrastructure make it a strong candidate for the default money of AI-to-AI microtransactions, and he leaves listeners with a question: are you ready for a “Jarvis” doing tasks for you… and do you think those agents will end up transacting in sats?

Bitcoin Price at Time of Recording

February 18, 2026: 66,484 USD | 56,392 Euro

Block Height

937,273

Music Credits

Abel James
Voodoo Queen

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

This week McIntosh and Kenshin tackle the part of Bitcoin everyone thinks they understand… right up until a transaction gets stuck: fees, mempool dynamics, and UTXO hygiene. They frame fees as a live market for scarce blockspace, explain what you’re actually paying for (sats/vbyte), and show how transaction “weight” changes based on inputs/outputs—why a “cheap” fee rate can still be expensive if your transaction is big.

They also cover the two practical “escape hatches” when things go sideways—RBF (Replace-By-Fee) and CPFP (Child Pays For Parent)—plus why wallet fee estimators can be misleading and why mempool visibility matters. Finally, they get into UTXO management: why too many small UTXOs (“dust”) can become unspendable in high-fee environments, and why low-fee periods are the time to consolidate, not when you’re already in a firefight.

Bitcoin Price at Time of Recording

February 10, 2026: 68,907 USD | 57,884 Euro

Music Credits

Abel James
Voodoo Queen

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

This week Macintosh and Kenshin break down Bitcoin multisig: what it is, why it exists, and how it reduces single points of failure in self-custody. They walk through common setups (1-of-2, 2-of-2, 2-of-3, 3-of-5), why complexity is both a feature and a risk, and best practices like geographic distribution, avoiding single-vendor signer risk, and testing recovery before you commit meaningful funds.

The guys also touch on the rise of AI “agent” tooling (and why you should be careful with security/permissions), then close with market/news items including Helix mixer seizure headlines, state-level Bitcoin reserve chatter, current BTC price levels, and mining stats (difficulty adjustment / blocks behind).

Bitcoin Price at Time of Recording

Feb 3rd, 2026: $74,790 USD | 63,500 Euro

Block Height at Time of Recording

934,890

News and Resources

Bitcoin Wiki

https://en.wikipedia.org/wiki/Shamir’s_secret_sharing

https://seedhammer.com

Music Credits

Joe Martin

Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In Episode 242 of Satoshi’s Plebs, McIntosh and Kenshin talk through how Bitcoin serves the unbanked—people with little or no access to traditional banking due to geography, documentation, KYC/AML barriers, profit-driven gatekeeping, political targeting, and capital controls. They frame Bitcoin’s core advantage as permissionless access: it doesn’t care who you are or where you live—only whether you control your keys.

They keep it honest by covering the hurdles too: education, infrastructure, custody risks, and volatility. The episode closes with a dignity-focused point: giving someone in a remote village the ability to securely save and transact can change their long-term outlook and put them on a more level playing field globally.

Bitcoin Price at Time of Recording

Jan 28th, 2026: $88,981 USD | 74,466 Euro

Block Height at Time of Recording

934,115

Music Credits

Joe Martin - Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

Episode 241 is a “look back to look forward” kind of conversation: Kenshin and McIntosh talk through a rough week, the grind of finishing projects, and the mental toll of doom-and-gloom news cycles—then deliberately pivot to a more optimistic, long-term lens. McIntosh also shares early progress on a new open-source side project: a Nostr-powered, end-to-end encrypted “email-like” messaging concept that adds tiny Satoshi payments to discourage spam and compensate the servers relaying/storing messages.

From there, the episode zooms out into Bitcoin perspective. Using their own episode archive as a timeline, they revisit key moments from 2021–2022 to underline the core message: ignore the panic, keep a low time preference, and DCA—especially when sentiment is bleak. They close with the usual metrics (price, market caps, hash rate/difficulty notes, halving countdown), a listener boost, and a reminder to support the show via value-for-value and reviews.


Bitcoin Price at Time of Recording

Jan 20th, 2026: $89,800 USD | 76,500 Euro

Block Height at Time of Recording

933,128

Music Credits

Joe Martin - Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

Episode 240 is a wide-ranging catch-up that turns into a love letter to “running Bitcoin.” McIntosh and Kenshin swap life updates (including Kenshin’s push to launch a new project and McIntosh’s experiments with ChatGPT/Codex), then McIntosh shares a big workflow win: an automated script that pulls episode data straight from the RSS feed to generate the show’s episode pages—turning a manual, repetitive task into a quick, repeatable process.

From there, the conversation pivots into Bitcoin history and self-sovereignty, using Hal Finney’s famous “Running Bitcoin” post as the jumping-off point. They break down why nodes matter, what it means to run one (including Bitcoin Core vs. Knots, Electrum indexing, and Tor vs. clearnet), and compare their own setups—StartOS, DIY server setups, and newer projects like Nirvati/Yantra. They close with news and notes on Europe’s push toward a digital euro and tightening “travel rule” compliance, plus examples of Bitcoin and decentralized communication tools being used amid censorship and unrest—reinforcing the episode’s core theme: running your own infrastructure is how you reclaim privacy, resilience, and freedom.

Bitcoin Price at Time of Recording

Dec 10th, 2025: $94,180 USD | 80,800 Euro

Block Height at Time of Recording

932,159

News and Resources

Nirvati

Nirvati Gitlab

Music Credits

Joe Martin

Empty Passenger Seat

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

McIntosh and Kenshin return after a two-week holiday break to discuss their predictions for 2026. They commemorate the 17th anniversary of Bitcoin's Genesis block (January 3, 2009) and discuss the upcoming anniversary of the first Bitcoin transaction to Hal Finney. Kenshin surprises by flipping bullish for 2026 despite his previous bearish stance, while both hosts share personal goals including potential career changes. They cover Bitcoin Core bugs, Ledger security breaches, and debate whether the four-year cycle pattern will finally break.

Bitcoin Price at Time of Recording

Jan 6th, 2025: $91,180 USD | 78,000 Euro

Block Height at Time of Recording

931,313

Music Credits

My Favorite Band - Racer Wide Number Two

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

In this year-end review episode, we take an honest look at our 2025 predictions and how they held up against reality. Bitcoin started the year around $94k with high expectations, hit $122k in October, but closed near $87k - not quite the moonshot we anticipated. The institutional adoption we were excited about brought mixed results, with Wall Street playing their own games rather than simply pumping the price.
We reflect on what went right and wrong this year - from the disappointing lack of meaningful progress on the Strategic Bitcoin Reserve to the continued regulatory challenges in Europe. Despite missing our price targets, the fundamentals remain strong and adoption continues to grow.

Bitcoin Price at Time of Recording

Dec 23rd, 2025: $87,770 USD | 74,450 Euro

Block Height at Time of Recording

929,162

Music Credits

The Top Hats Orchestra - Nut Cracker Suite
The Top Hats Orchestra - Let It Snow

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!