Stop Settling for Digital Gold: OP_CAT and the Restoration of Satoshi’s Vision

Stop Settling for Digital Gold: OP_CAT and the Restoration of Satoshi’s Vision

June 18, 2026 · 1h 2m

About this episode

The episode discusses the stagnation of Bitcoin and the potential restoration of its original vision through OP_CAT.

Are we treating Bitcoin like a dead asset or the revolutionary electronic cash system Satoshi intended? I sat down with Xiaohui Liu and Mate Tokay to discuss why the current ‘ossification' culture is a betrayal of Bitcoin's original potential. Right now, Bitcoin feels like a desolate place. We are witnessing a massive brain drain, with developers leaving because the culture has become obsessed with keeping the chain “frozen.” People treat it like a digital collectible, a shiny rock to lock in a custody wallet until the Fed crashes. That’s not the vision. That’s stagnation. We have settled for “digital gold” because we forgot how to use the money. The missing link is OP_CAT. This isn't new code. It was originally disabled by Satoshi himself before he left the building. It wasn’t deleted. It’s still there, waiting in the code, capable of restoration. It is the key to unlocking the “magic internet money” vibe we all felt in the early days. Restoring it honors the original white paper—a system for electronic cash, not just a store of value for ETFs. Xiaohui Liu dropped a truth bomb during our chat that should anger every Bitcoiner. He argued…

People in this episode

Host: Rafael LaVerde

Guests: Xiaohui Liu, Mate Tokay

Topics covered

Mentioned in this episode

Organizations: Bitcoin, Ethereum, Solana

Books & works: Satoshi's Vision, Bitcoin Script, original white paper

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