Episode Details

Sat Chats Short Stacks deliver bite-sized Bitcoin wisdom in under 10 minutes, just like a new block gets mined. Quick, clear, and stackable insights with zero fluff.

In this episode, we break down one of the biggest breakthroughs in Bitcoin infrastructure: the UTX Oracle by Simple Steve.

We explain why the old way of getting Bitcoin’s prices and how they created a hidden point of failure, and how UTX Oracle flips the script. With this tool, Bitcoin tells you its own price, peer-to-peer, straight from the blockchain—no middlemen, no trust needed. It's the most honest, decentralized exchange rate ever created.

We cover:

✅ Why exchange-based Bitcoin prices were a point of failure

✅ How the UTX Oracle uses real on-chain transactions to find true price

✅ Why Simple Steve’s solution is a massive step for Bitcoin self-sovereignty

✅ How you can verify Bitcoin’s price yourself (without an exchange)

✅ What the scatter plot of Bitcoin transactions actually shows

Chapters

00:00 Episode Preview

00:15 What Is UTX Oracle?

01:44 The Problem with Current Bitcoin Pricing

03:18 How Exchanges Create a Single Point of Failure

05:01 Visual Breakdown of UTX Oracle

08:25 How Real Bitcoin Transactions Set the Price

10:36 What the Scatter Plot Actually Tells You

13:41 Why UTX Oracle Is a Major Breakthrough

16:00 How to Verify Bitcoin’s Price Yourself

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Links for today's Show Notes:

https://utxo.live/oracle/