Equal parts entertaining & intellectually intriguing, we start with Part 1 of Dhruv Bansal's wonderful piece, Bitcoin Astronomy ! The interplanetary center of hash, the Law of Hash Horizons, the Muskcoin Revolution, retaliation of the Bitcoin Empire, and the total economic devastation of the Hash Bomb! How could you not want to know more? Another one from the excellent content over at the Unchained Capital Blog: https://www.unchained-capital.com/blog/law-of-hash-horizons/ You can support thi...
Oct 09, 2019•37 min
To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand, to a global monetary instrument with vast infrastructure, the highest market liquidity, demanded by billions, but that this could somehow occur *without* volatility in the price, is an absurd & deeply ignorant claim. Thoroughly debunked by Parker Lewis in the continuation of his amazing "gradually, then suddenly" series at Unchained Capital . Bitcoin...
Oct 07, 2019•42 min
freeross.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Oct 04, 2019•6 min
Following the anniversary of Ross Ulbricht 's arrest, and the fall of the Silk Road experiment, we read a short but extraordinary piece, hand written in a cell by Ross, on Bitcoin's promise of freedom . What did those first adopters, when Bitcoin had no price and no market, what did they see in those digital bits? How did Bitcoin achieve its first value, and what did it mean for our world? Don't forget to go to FreeRoss.org and sign the petition to bring attention to his injustice. https://freer...
Oct 03, 2019•21 min
Quick Read #300!!! Hard to believe we have come this far withou the show. For this milestone it's time to take it back to the philosophical roots of the movement that lead to the community, the ideas, and the drive to create Bitcoin and the other tools enabling a future with a free, open, & global cryptoconomy! From the father of the crypto anarchist movement and from its very beginnings in 1988, today we read: The Crypto Anarchist Manifesto https://www.activism.net/cypherpunk/crypto-anarchy...
Oct 02, 2019•1 hr 1 min
An awesome discussion with the squad over at the Raleigh Bitcoin Podcast. Can anyone sensibly be both pro Bitcoin & pro big government? When, if ever, do we actually sell Bitcoin? And what's the price as the stock-to-flow approaches infinity? All this and so much more in a marathon chat with the Raleigh Bitcoin Meetup! Don't forget to subscribe to the meetup podcast at the link below: https://anchor.fm/raleigh-bitcoin-meetup If you want to join in the Cryptoconomy Telegram, chat with all the...
Sep 30, 2019•2 hr 20 min
Finishing up our Lightning week on the show, I've got a Guy's Take on all the different applications I think are viable here in the early days of Lightning, and also what decentralized projects may make sense on Lightning, but are pointless as "utility tokens." • Sat4Ads (The real BAT) • Why utility tokens are backwards economics • Fold, BitRefill, & Lolli • Making Bitcoin bills make sense • Watchtowers for decentralized backups • A new e-commerce? & tons more! Here's some more great lis...
Sep 27, 2019•1 hr 2 min
Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future could look like. With Olympus , a new service from Jack Mallers & fam, getting a lightning balance and immediately spending it is as simple as the swipe of your debit card. Lightning is striking, and big things are brewing on the horizon. Check out the original article to see the video of Jack demonstrating the service & drop some major applause while you...
Sep 26, 2019•40 min
With another great piece from the Breez-Tech CEO we read and explore the fascinating concept of the Lightning Service Providers. What is their role? How will the market develop? Doesn't this mean Lightning is centralized? All this and so much more in a great piece from Roy Sheinfeld . Don't forget to drop applause on the original article, catch our interview with the author, & check out the awesome Breez Lightning Wallet at the links below: • Introducing Lightning Service Providers (medium a...
Sep 26, 2019•1 hr
John Vallis from the Bitcoin Rapid Fire Podcast and I have a lengthy chat all about our roads to Bitcoin, and how it has changed our view of the world. Don't miss a really fun show and be sure to check out the Rapid Fire section available at the link below. https://anchor.fm/john-vallis/episodes/Guy-Swann-The-Audible-of-Bitcoin-e5d5j3/a-anlnf4 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
Sep 23, 2019•1 hr 27 min
Today we take a dive into the future of Lightning and one of the amazing developments to make it simpler and more reliable, the new sighash flags referred to as the "Noinput Class." Who better to take us through it than Aaron Van Wirdum & Bitcoin Magazine ? Our recent interview with Aaron Van Wirdum , the extraordinary author of this work and 100s more: https://anchor.fm/thecryptoconomy/episodes/CryptoChat_018---Investigating-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e Don't forget to check out the...
Sep 20, 2019•53 min
The only thing as scarce as Bitcoin, is Time. Do you value it accordingly? For today's read we are diving into our first piece from the awesome collection over at Epsilon Theory by Ben Hunt . The Long Now Pt. 1 - Tick Tock Don't forget to check out the other incredible content over at EpsilonTheory.com Other great content mentioned in this Episode: The Bitcoin Survivor's Book List http://thecryptoconomy.com/bitcoin-survivors-book-list/ Rational Optimist (affiliate link) https://www.amazon.com/gp...
Sep 18, 2019•43 min
Concluding the “Bitcoin” section of Money, Bitcoin & Time. So many fascinating aspects of Bitcoin covered by author Robert Breedlove in this section including: • A new form of life • The many-sided network effects of Bitcoin • Positive feedback loops • The Minority Rule • The TrustNet & more! “It removes the central banks, macroeconomists, politicians, presidents, dictators and military leaders from monetary policy and payments authorization once and for all.” If you haven't listened to ...
Sep 18, 2019•1 hr 7 min
Jumping back into Robert Breedlove 's great piece with a thorough exploration of Bitcoin as a money, a technology, a network, and a measure of time. • The Cost and Reward of Proof-of-Work • A Vault Built of Energy • The infinite Hardness of Bitcoin • The Internet of Value • The Bitcoin Social Contract & more! Don't miss the continuation of this excellent piece available on the blog or in PDF at parallaxdigital.io - https://www.parallaxdigital.io/blog If You haven't yet, don't forget to check...
Sep 17, 2019•1 hr 25 min
Today we have a follow up to Nic Carter 's excellent piece on Medium, A Most Peaceful Revolution . An incredible article that deserves an exhaustive discussion and easily earns a few ridiculous rants. What could be better for Guy's Take 23? Other episodes and works mentioned in the show for a deeper dive: A Most Peaceful Revolution https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm Anatomy of the State https://mises.org/library/anatomy-st...
Sep 13, 2019•1 hr 15 min
Today we read a veritable Bitcoin Manifesto on a fundamental truth of Bitcoin's nature, the challenge it proposes to the state, the atrocities it seeks to dismantle, the hubris of alternatives, its promethean origins, the values it codifies, the role its already playing, and its patient unstoppable advancement. Do not miss the audio, followed by tomorrow's commentary (there's simply too much to say in one show), of Nic Carter's , A Most Peaceful Revolution Drop some highly due applause over at h...
Sep 12, 2019•38 min
• Keys are being abstracted away. • Users will call customer support to restore their coins, but never give up control. • Ownership of a single UTXO will become rare. • On-chain transactions will be used to build networks, more than transfer coins. • Lightning, sidechains, statechains & more will work invisibly behind the curtain. Things are changing fast, and we go through all sorts of great stuff in this show and I attempt to explain some of the technical elements with analogies using cook...
Sep 09, 2019•1 hr 3 min
If you were looking for a succinct summation of the philosophy and to understand why we are so avid about using Bitcoin, encrypting our communication, and why we think these things are critical for a better future, this is the episode you're looking for. Beginning with a read of @Dergigi 's great piece on the Bull Bitcoin Medium page, " Rise of the Sovereign Individual ." Followed by a discussion about what liberty is, why we should be defending it, and what tools we have to truly "install" it o...
Sep 06, 2019•45 min
Today we start into the second piece of the "Gradually, Then Suddenly" series by Parker Lewis . Why altcoiners can claim their coin is for something other than money, but it must compete with Bitcoin as money regardless. Why money will only tend to one. Why copies of Bitcoin are just modern day alchemy. And why toxic maximalism is Bitcoin's greatest strength. Don't miss a great piece and fun discussion to follow! Bitcoin Can't Be Copied! Check out the original article plus the other great stuff ...
Sep 06, 2019•42 min
Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea of money in the same way that the internet changed the nature of information. To understand exactly why, we need to look at the previous major societal disruptions brought about by the Digital age, and we can begin to see where Bitcoin will fit into the big picture. 1) Mail & Connecting 2) Publishing & The Web 3) The Infrastructure Inversion 4) Ecommerce 5) The ...
Sep 04, 2019•1 hr 33 min
The Bitcoin community needs more Jason Stapleton, so I'm doing my part. Super excited to have had the opportunity to join Jason Stapleton and Matt Erickson on a favorite show of mine, Wealth, Power & Influence! Don't miss this great episode plus tomorrow's follow-up where I go further down the rabbit hole on many topics we touched on in this interview. Don't forget to follow Jason Stapleton (and Matt Erickson ) for more of the endlessly entertaining, Wealth Power & Influence podcast. htt...
Sep 02, 2019•49 min
"What is money? That is the beginning of the real rabbit hole.” Like the process of going bankrupt, how fiat money inflates, and what it feels like to learn Bitcoin... it happens gradually, then suddenly. We take a break today before getting back into Money, bitcoin & Time, by beginning the awesome series at unchained-captial.com by Parker Lewis that is hitting major topics around Bitcoin and its supposed "failures" one at a time. A really fun and well written series that's going to inspire ...
Aug 30, 2019•32 min
Harold Thomas Finney (May 4, 1956 – August 28, 2014) In one of his last posts on the BitcoinTalk forums, Hal Finney posted a short message about his past, finding Bitcoin, working with Satoshi, coming to terms with his disease, and the legacy he was leaving behind. On this day in 2014 we lost a true cypherpunk. Hal's, Bitcoin and Me --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Aug 28, 2019•9 min
Today we continue our journey through Robert Breedlove 's thorough work by completing section 1 on the incredible history & profound nature of money. • How prices are the economic nervous system • Histories of failed monies • When gold lost its soundness • The Gilded Age • The Century of War • Skin in the game • Free Markets vs Socialism You'll find this amazing work plus much more at parallaxdigital.io/blog Further reading, listening, & exploration mentioned in today's show: Use of Know...
Aug 28, 2019•1 hr 41 min
The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue with Robert Breedlove 's broad piece covering all of the core ideas that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context. • Money is a social network • "Hardness" is #1 • The 7 characteristics of a monetary good • The nature of prosperity • How economies grow So many ...
Aug 26, 2019•1 hr 9 min
Today we start into an amazing and broad work that tackles the entire argument for Bitcoin, from the origins and nature of money, to the cost and value of time, by Robert Breedlove titled, " Money, Bitcoin and Time. " • How does an economy grow? • Why do we even need money? • How extraordinary are the benefits of indirect exchange? • What makes a money sound? Check out the original piece, and read along for a better understanding by following the link below. You'll find this piece plus tons of o...
Aug 22, 2019•59 min
“Life is like fire, not water; it is a process, not a pure substance. […] The simplest, but not the only, proof of life is to find something that is alive.” — Christopher McKay The author of the incredible Bitcoin Mycelium series, Brandon Quittem , & the author of the 21 Lessons of the Bitcoin Rabbit Hole, Der Gigi , join me today for a 2 hour marathon exploring all aspects of this crazy beast we call Bitcoin. What does it mean to be alive? What exactly is Bitcoin? Does it work for us, or do...
Aug 21, 2019•2 hr 7 min
"Ralph Merkle... made the argument that Bitcoin is the first example of a new form of life. In this article series, I intend to take this claim seriously, explore it further, and see what can be gleaned from viewing Bitcoin as a living organism." Today we read and discuss the first part of a promising new series from Bitcoin enthusiast and author @DerGigi , titled "Proof of Life." It will be the perfect precursor to tomorrow's interview with @Dergigi and @bquittem all about the nature of Bitcoin...
Aug 20, 2019•45 min
Our monetary system has confiscated trillions in resources and value by corrupting the very incentives that keep our economy healthy and resilient… in that world, what role does Bitcoin play? Today we read and discuss the fascinating metaphors in Part 3 of Brandon Quittem ’s excellent series on the Bitcoin Organism - “Bitcoin is the Antivirus to Uncertainty” https://medium.com/@BrandonQuittem/bitcoin-is-the-antivirus-mushroom-medicine-part-3-4-fd1e6606a3f8 Don’t forget to check out Parts 1 &...
Aug 15, 2019•58 min
Everything that defines the Bitcoin network is in the validation rules, and the nodes are its enforcers. An impenetrable fortress of validation. Because it deserves an episode of its own, today we read @StopandDecrypt 's excellent breakdown of the Bitcoin network and the critical importance of fully validating nodes. Originally an excerpt from a much longer article covered on the show, " Sharding Centralizes Ethereum ." Drop some major applause on the original article below and don't forget to e...
Aug 13, 2019•31 min
