The risks and benefits of chargebacks, the nature of the trade-off between contract enforcement & ensuring privacy, the elements of splitting contractual elements (the ripped dollar bill) to minimize trust, pseudonymous credit ratings, and so much more in our completion of Szabo's essay, “Formalizing and Securing Relationships on Public Networks.” More amazing foresight into the problems of smart contract design, detailed more than a decade before Bitcoin even existed. Link to the Nakamoto I...
Mar 12, 2019•1 hr 16 min
Listening to an essay from 1997 that details specific challenges of something as distant as the smart contract embedded into the Lightning Network shows the unbelievable foresight of the cypherpunks. As well as the dedication to seeing their vision become a reality. Don’t miss the continuation of Szabo’s amazing piece, “Formalizing and Securing Relationships on Public Networks.” Link to the Nakamoto Institute for hosting this incredible work: https://nakamotoinstitute.org/formalizing-securing-re...
Feb 27, 2019•43 min
"... The movement from static to dynamic media promises to bring about a fourth cost revolution in the related areas of jurisdiction, trust, and security. Impacts on business will be felt in law, accounting, auditing, billing, collections, contracts, confidentiality, and so on: in short, the entire nature of our business relationships will be altered in ways only partially foreseeable." - Nick Szabo Diving into another excellent piece from Szabo on establishing and updating how we create, enforc...
Feb 21, 2019•33 min
Cypherpunks write code! Last year we received a published paper detailing the advantages of the new MuSig Multisignature Scheme, this year we get the code. From the incredible minds at Blockstream, don't miss an exciting development in cryptographically securing and verifying ownership among increasingly complex & private groups of individuals. To explore numerous links and further reading, as well as the other amazing work from Blockstream, check out the full article below: https://blockstr...
Feb 19, 2019•37 min
If you haven't heard it yet, don't miss an awesome discussion all about Lightning and holding the Torch with the guys from the Rollo and Slappy Show! Check out @RolloMcFloogle and @Slappy_Jones_2 for more awesome content & definitely check out the amazing playlist for a deep understanding of Bitcoin over at 10HoursOfBitcoin.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
Feb 13, 2019•1 hr 6 min
Another great Twitter thread to cover, this time from Jason Smith (@iwearahoodie) covering 5 incredible lessons learned after a year of being seriously into #Bitcoin. Are they the same things you've learned? Follow Jason and read the full thread here. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 11, 2019•40 min
"The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active development, for defense. Threats are assumed to be any activity designed to prevent humanity from accomplishing it's mission to make the world delightful." @jwweatherman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 08, 2019•1 hr 17 min
"The Bitcoin Threat Model is intended to help developers, investors and users better understand the security of Bitcoin. Threats are assumed to be any activity designed to prevent Bitcoin from accomplishing its mission to become cash (including a unit of account)." @jwweatherman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 08, 2019•1 hr 13 min
The conclusion of the epic "Human Threat Model," by @jwweatherman. An exploration of the attack surface that exists in the very nature of being human, and how #Bitcoin could both change the fundamental relationship that we have with thieves and governments, as well as open up avenues to actually exploit the selfishness of corruption to take actions against itself. Another exciting read from JW! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 08, 2019•45 min
Today we begin the "Human Threat Model," by @jwweatherman. An exploration of the attack surface that exists in the very nature of being human, and how #Bitcoin could both change the fundamental relationship that we have with thieves and governments, as well as open up avenues to actually exploit the selfishness of corruption to take actions against itself. Another exciting read from JW! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 07, 2019•1 hr
Continuing with Part 2 of the journey through the "Bitcoin Threat Model" to be followed by the "Human Threat Model," both by @jwweatherman. An exploration and extensively sourced work on the many different attack vectors and adversarial conditions within the Bitcoin system, their likely effect, and the security measures in place to mitigate them. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 05, 2019•54 min
Beginning the journey through the "Bitcoin Threat Model" and the "Human Threat Model," both by @jwweatherman. An exploration and extensively sourced work on the many different attack vectors and adversarial conditions within the Bitcoin system, their likely effect, and the security measures in place to mitigate them. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Feb 04, 2019•39 min
A lot of announcements and tons of exciting stuff to talk about in this episode! Plus our read of the just released Casa Browser Extension, inspired by the Lightning Joule extension, which is one of the coolest additions to the Casa suite yet, plus they are now Open Source!! Don't miss an exciting episode with today's QuikRead! Check out the official announcement article & other posts over at blog.keys.casa. And follow Nick Neuman, Jameson Lopp, Jeremy Welch, Alena Vranova, Blake Neuman and ...
Feb 01, 2019•30 min
A follow-up to our previous episode "#Reckless to Wumbology" discussing the incredible development and new tools coming to the Lightning Network. As well as an exploration of the vast complexity of the internet and how, surely, it could never work. Get ready for a long rant in this Guy's Take episode XD --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Jan 30, 2019•1 hr 3 min
Want to know more about Neutrino, Submarine Swaps, Dual Funded Channels, Atomic Multi-Path Payments, Splicing, Sphinx Send, Eltoo, Channel Factories, Watchtowers, and the incredible list of new products coming for the Lightning Network? Look no further, Arjun Balaji (@arjunblj) & TheBlockCrypto (@theblock__ + @mdudas) brings us a walk through the major developments in Lightning with "From #Reckless to Wumbology." Don't forget to check out TheBlockCrypto.com and the tons of links to explore i...
Jan 28, 2019•36 min
Today we go through a short but awesome run down of the guiding principles at Casa. This company is one to watch very closely over the coming years, and a few things from their recent post make this very clear. Check out the full article and follow Casa on Medium Here. Don't forget to grab your Casa BTC/LN Node if you haven't yet, and of course, be sure to follow them on Twitter. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Jan 25, 2019•29 min
"Today, there exists over 180 currencies across 195 countries. The reason for such an anomaly is simple: there is no free market for currencies. Currency markets have been restricted by governments in order to maintain financial control." A great start to a 3 part series by Misir Mahmudov and Yassine Elmandjra. View the full article here, and don't forget to follow the authors on Twitter at @misir_mahmudov & @yassineARK. Bitcoin: Winner Takes All, Or Winner Takes Most? Listen to find out. --...
Jan 23, 2019•30 min
An amazing piece of work from the Coinmetrics.io team using the full node data and some serious digging to uncover the fraudulent minting of over 2 Million BTCP coins! A detailed analysis of how and when the coins were created, and how it managed to go unnoticed for such a long time. See the article in full plus the accompanying charts and data proving their findings at: https://coinmetrics.io/bitcoin-private/ Check out the incredible research by the CoinMetrics team at their website and follow ...
Jan 17, 2019•39 min
Taking a dive into an awesome tweetstorm from @danheld about the context, purpose, and beginnings of Bitcoin and whether it meets "Satoshi's Vision," or if it even matters. Follow Dan on Twitter and check out the full thread below: https://twitter.com/danheld/status/1084848063947071488 For some more fun regarding Satoshi's Vision and whether BCH is any nearer or further from that ambiguous idea, check out my own article - How Many Forks Does it Take to Get to the Center of Satoshi's Vision? --- ...
Jan 15, 2019•27 min
The complete reading of Iterative.Capital's incredible and thorough thesis, "What's Really Driving the Cryptocurrency Phenomenon?" For more excellent research and news in the Bitcoin/Cryptocurrency space, visit and subscribe at https://iterative.capital/ For OTC trading at industry low prices, visit https://i2trading.com/ And for an extensive collection of Bitcoin related educational and written content available in audio, visit http://Cryptoconomy.Life --- Send in a voice message: https://podca...
Jan 12, 2019•4 hr 8 min
A look at the crazy past, the present, and the future of Bitcoin and where I think things are headed. Bitcoin is here to stay and there are 10 amazing years of Proof-of-Survival I can point to as evidence. Happy Birthday Bitcoin, may the next 10 years be just as crazy! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Jan 03, 2019•44 min
"Bitcoin is a living system constantly changing based on environmental stimuli. True understanding is a moving target unlikely to ever be hit. Attempting to answer the question “what is bitcoin,” I found exploring parallels to the natural world to be particularly illuminating." - Brandon Quittem Don't miss this dive into understanding Bitcoin by exploring some of the most powerful systems in the natural world that evolve and survive against all odds. Bitcoin Is A Decentralized Organism by @bquit...
Jan 02, 2019•39 min
After setting up and experiencing The Lightning Network firsthand as part of the Casa Node crew and our own little pool of channel liquidity and management, we bring 3 guests on the show to talk all about Lightning, what they are working on, and what they hope for the future. Don't miss this one! And don't forget to bookmark LightningHood.com (@lightning_hood) for all your Bitcoin & Lightning resources! Our Guests: https://twitter.com/Crpt0PuraVida https://twitter.com/petoveritas https://twi...
Dec 20, 2018•1 hr 48 min
“by having the double accounting system rely on and be backed up by the triple accounting system you get the throughput of the double with the security and trustlessness of the triple.” -Todd Kronenberg Don't forget to check out the original article and follow @TK_CodeBear on Twitter and Medium: https://medium.com/coinmonks/why-bitcoins-lightning-network-is-the-ingenious-10dc1ad9ccae https://twitter.com/TK_CodeBear --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudib...
Dec 18, 2018•35 min
"Auditing controls might fairly be called the security protocols of capitalism… [but] auditing is in deep conflict with efforts towards greater privacy." -Nick Szabo Don't miss a great read and conversation on auditing, confidentiality, privacy, and how Bitcoin has changed the game. Another great piece by @nickszabo4. This article can be found on Szabo's Blog unenumerated.blogspot.com or at the Nakamoto Institute's website at: https://nakamotoinstitute.org/confidential-auditing/ --- Send in a vo...
Dec 13, 2018•29 min
"When Satoshi Nakamoto invented bitcoin, he did not invent a new social contract. Satoshi did something else—he leveraged technology to solve many problems of past implementations and implemented the old contract in a new and better way." - @hasufly Hasu brings us another great article with Part 2 of "The Skeptics Guide to Bitcoin." What becomes clear when we understand both Bitcoin and money as a social contract? Can it answer some of the more complex philosophical debates within the Bitcoin ec...
Dec 11, 2018•36 min
We hit a major milestone in the show! Thank you to everyone who has stayed with us and contributed to the show! Today I'm covering the past & future of the show and new things coming to Cryptoconomy.Life! Feel free to send some satoshis or open a channel with the official Cryptoconomy.Life Lightning Node: 03609e92ab6dff378b6a7aca6f856bf5e9d56cadd622bd402a9b03d9a583c817b5@45.37.168.76 Donate Bitcoin to help the show & provide Liquidity for my #Lightning Node: 31sBReBuAA9QznVRRrcsjdGp9oc4a...
Dec 07, 2018•15 min
"While sovereign money has undeniably led to a lot of abuse, as evidenced by instances of hyperinflation, seizures or capital controls, the absence of all control brings problems of its own." Today we begin an excellent short series by @zhusu and @hasufl with their article "An Honest Account of Fiat Money." Join us today for a great read followed by my lengthy rant about the ethics of a money susceptible to political inflation. XD Drop some applause on the article and get a heads up on tomorrow'...
Dec 06, 2018•41 min
Curious about where to start or what to possibly focus on when learning Bitcoin, Lightning, and the fundamentals of the most important tools in this ecosystem? Look no further, today we read and discuss Pierre Rochard's excellent piece that breaks it all down. Don't forget to save the article in your bookmarks for later reference and drop some mad Medium applause for the awesome collection of links: https://medium.com/@pierre_rochard/understanding-the-technical-side-of-bitcoin-2c212dd65c09 Feel ...
Dec 05, 2018•47 min
What are the mental barriers that cause prospective consumers to drop off from interacting with an e-commerce business? How can we measure or estimate the worry caused by excessive forms, ads, and barriers to the content being sought. Another piece by @NickSzabo4 to add to our collection. Don't miss "Estimating and Minimizing Consumer Worry." Check out this work and many more on Szabo's Blog:https://unenumerated.blogspot.com/2015/10/minimizing-consumer-worry.html Feel free to send some satoshis ...
Dec 03, 2018•32 min