In this episode we chat with Steve, the creator of the UTX Oracle, the first tool that lets Bitcoin set its own price without needing to trust exchanges, APIs, or third parties.
Steve breaks down how UTX Oracle was built, why trusting exchanges goes against Bitcoin’s ethos, and how anyone can now verify Bitcoin’s real exchange rate directly from the blockchain. No intermediaries. No assumptions. Just pure Bitcoin truth.
We cover:
✅ How Bitcoin's price was traditionally set (and why it’s flawed)
✅ How the UTX Oracle lets Bitcoin price itself
✅ Why decentralized price discovery is critical for Bitcoin’s future
✅ How you can run your own UTX Oracle node at home
✅ The surprising things Steve learned while building it
Chapters
00:00 Welcome to Sat Chats: Bitcoin Basics
06:11 How a Skeptic Became a Bitcoiner (Steve's Journey)
11:49 Why Bitcoin Can’t Be Copied + Who Keeps It Running
23:48 Bitcoin’s Future: How Transactions and Community Are Evolving
43:07 Simple Steve’s Story: Building the UTX Oracle
01:01:48 What’s Next for Bitcoin (And Why It’s Just Getting Started)
Will Steve grab the $50 in Bitcoin—or will there be a surprise twist when it's time to choose?
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