Bitcoin Is Under Attack | Matthew Kratter, Bitcoin University

Bitcoin Is Under Attack | Matthew Kratter, Bitcoin University

June 14, 2026 · 3h 18m

About this episode

Matthew Kratter discusses the internal threats to Bitcoin and the importance of active participation in the network.

"Bitcoin is not physical gold. You can kill Bitcoin." Matthew Kratter — who runs Bitcoin University, did a PhD in literature under René Girard, and ran global macro at Peter Thiel's hedge fund — joins the show to explain why he now holds nearly everything he owns in Bitcoin, and why he's become one of the loudest voices warning that Bitcoin is under attack from the inside. We trace the improbable path first: from Girard's seminar table to growing Thiel's $50M Roth into a $2 billion fund, and the 20 years trading that taught him to spot financial engineering "traps" — the same TradFi tricks he says are now being smuggled back into Bitcoin. Then it turns to the civil war happening right now: how Bitcoin Core blew open OP_RETURN and "went rogue," why spam and CSAM are an existential risk to node runners, what BIP-110 actually does, and who really controls the network (hint: not the miners, devs, or exchanges). His thesis throughout — consensus flows from culture — and his answer to all of it: stop being a spectator, run a node, and mine from home. Subscribe so you never miss an episode. 🎙️ GUEST Matthew Kratter — founder, Bitcoin University YouTube → Bitcoin University Matthew on X…

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