"Because of their digital nature, many people still object to bitcoin, refuse to take it seriously or consider it altogether too scary. [...] It’s the perfect combination of the advantages from the analog as well as the digital world." - Pascal Hugli Don't miss another great article from Bitcoin Magazine on the incredible change that the digital world is unleashing on our society and where we may find a drop of truth in an ocean of uncertainty. Check out the full article plus tons of other great...
Jan 20, 2020•39 min
"Not since the gunpowder revolution were ordinary men & women able to stand up to those who chose to oppress or rule them unjustly. Only this time, it can be done in a non-violent method, whereby one can peacefully opt out" - Aleks Svetski Today we read the epic conclusion to our walk through The Bitcoin Times Ed 2 with a piece from the founder, Aleks Svetski , "The Rise of the Individual." For the revolutionaries, the visionaries, and the dissidents, this article is not to be missed. Drop s...
Jan 16, 2020•1 hr
"Unlike Paypal, Venmo, or traditional payment processors, it cannot deplatform you for wrongthink, holding subversive political views, being a sex worker, or legally selling cannabis. Ours is the biggest possible tent. Don’t be distracted by the online discourse. Bitcoin is utterly indifferent to the political views of its users." - Nic Carter Getting close to finishing the amazing collection of articles in The Bitcoin Times Ed 2, and today we need another great one, by returning author Nic Cart...
Jan 15, 2020•52 min
"It is therefore a universal truth that all work has a measurable cost of energy transformation due to the very nature of the universe, and the laws of thermodynamics. It is with these laws that we underpin Bitcoin’s Proof-of-Work." - Rory Highside Don't miss the next piece in The Bitcoin Times 2nd Ed about how the Bitcoin system is both constrained and forces cooperation by leveraging the fundamental laws of the universe! Check out and drop some applause on this piece by following the link belo...
Jan 14, 2020•1 hr 5 min
"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric." - Dan Held This is one of those articles that just explores the emergent brilliance of the free market system & easily got me into a near 40 minute rant afterward. Prices are not arbitrary, and a market price is quite possibl...
Jan 10, 2020•55 min
“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity or liquidity). By combining and building upon the economic properties of both, Bitcoin is a momentous monetary innovation that has achieved the divisibility, portability, durability, and recognizability of pure information infused with the absolute scarcity of time.” - Robert Breedlove Don’t miss the co...
Jan 08, 2020•1 hr 51 min
Diving into the many incredible works made available in The Bitcoin Times Ed 2 ! Today we read Gigi 's great piece "Bitcoin's Eternal Struggle" on the intricate dance between that which is built in randomness & entropy, and that which is created with complete unambiguity, with strict universal validation. This week is not to be missed. Check out and drop some applause on the original at the link below. Don't forget to follow Gigi , and TimelessBitcoin on Twitter so you don't miss the incredi...
Jan 06, 2020•46 min
"To provide broader context, the Federal Reserve, the Bank of Japan and the European Central bank have collectively created $10 trillion dollars-worth of new money since the financial crisis, the equivalent of approximately $500,000 per bitcoin. Despite dollars, euro, yen and bitcoin all being digital, bitcoin is the only medium that is tangibly scarce and the only one with inherent monetary properties." - Parker Lewis Continuing the awesome Gradually, then Suddenly series on the Unchained Capit...
Jan 02, 2020•1 hr 8 min
A most profound aspect of Bitcoin is that we know, with certainty, what the monetary policy will be no matter how far we look into the future. If we choose to secure sound money for the world, then we have to establish the important markets, build the tools and protocols, and most importantly make the tough decisions *now, * instead of kicking the can down the road. Following the first era, this required a change with how we used this incredible resource. And just like last time, we will have to...
Dec 31, 2019•33 min
Carcampit from the Friends Against Government Podcast joins me to close out 2019 with a discussion on the crazy changes we have seen this year, both in Bitcoin and in so many other areas. We discuss... • The Stock-to-Flow model • Binance & Censoring Coinjoins • The Eurochain • Strip Searching your Devices • The Year of Lightning • New Media • A Bright Future for Privacy & much more! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
Dec 30, 2019•1 hr 37 min
Closing out an extraordinary year in 2019 has us looking forward at 2020 & Beyond. What will we bring to Bitcoin, and what could Bitcoin bring to us? Today we read an amazing thread by John Newbery on the exceptional list of tools and technologies making their debut on the Bitcoin and Lightning protocol stack that will change everything about how we interact with and use this incredible technology. So much exciting stuff to go over, don’t miss “A Bitcoin Roadmap” twitter thread by John Newbe...
Dec 28, 2019•56 min
"The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very specific characteristics – they were not merely symbolic or decorative objects." - Nick Szabo If you haven't listened to it yet, the time is now. If you have listened to it, then it can't hurt to listen to it again. One...
Dec 24, 2019•1 hr 37 min
"At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable." - Hass McCook As I walk in the valley of fiat, I shall not fear the Economic Reckoning! You don't want to miss this awesome piece by @FriarHass on the "True Believers" of Bitcoin, and why it is not only a religion, but the one True Way. One of the many great articles in the recently released edition 2 of The Bitcoin Times. Check out the amazing links below for more great ...
Dec 20, 2019•28 min
Is there a single key factor in the difference between the assurances in PoS vs PoW? The knowledge and proof that there is a real world, inescapable cost to both producing the currency, & editing the chain history - unforgeable costliness. Learn about this, the private keys attacks that risk entire contesting histories in PoS systems, and to the nothing-at-stake problem. This and more in today's read! Check out the original (hit that applause button) plus the other great pieces Hugo has on h...
Dec 19, 2019•37 min
What is the true set of differences between Proof of Work, and Proof of Stake? What are the engineering mindsets behind them both, and which is built explicitly to survive in the worst-case scenarios? Find out this and more in today’s read of Hugo Nguyen ’s excellent piece “Proof of Stake & the Wrong Engineering Mindset.” This will be the beginning of a short series that will finish out our week attacking the PoS design from all angles. Subscribe so you don’t miss it. Follow Hugo on Twitter ...
Dec 18, 2019•36 min
Don't forget to check out the Bitcoin Magazine Podcast and follow Dave on Twitter ! https://twitter.com/DsHollers https://twitter.com/BitcoinMagazine Additional resources from the chat: • Does Bitcoin Need Accountants? ( audio ) • A Most Peaceful Revolution ( audio ) • Cryptoconomy website • Bitcoin Time Traveller ( audio ) • Bitcoin Is Worse Is Better ( audio ) • The Sovereign Individual --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
Dec 18, 2019•51 min
Another clever & censorship resistant system for identity within the Bitcoin system is being proposed. Called " Easypaysy ," developer Jose Femenias Canuelo has created a system to safely & independently create a static on-chain account system, that would solve the need both of having to reuse Bitcoin addresses, & having to constantly generate new ones for every payment. Today we read the Bitcoin Magazine article by none other than Aaron Van Wirdum breaking down exactly what it is, h...
Dec 16, 2019•47 min
Next up in the Gradually, Then Suddenly series by Parker Lewis and available on the incredible blog over at unchained-capital.com is " Bitcoin, Not Blockchain. " There is nothing about blockchain that makes it inherently immutable. Immutability emerges over time as the consequence of economic incentives and a native monetary unit that secures those incentives. It is hard won in the battle of monetary competition, something that cannot be copied or challenged with frivolous features, or arbitrary...
Dec 14, 2019•52 min
The scams in the Bitcoin & crypto space are, unfortunately, not low in number. Sometimes the only safe option is to ignore them, but there are the few occasions that require a thorough breakdown of just how the scam works, in hopes of protecting the often naive and uninformed noobs that enter this space. Today we read a piece by Goldman Sats breaking down the inner workings of the HEX scam, and how it is designed for one thing, and one thing only, to take your money. Listen to find out more!...
Dec 12, 2019•35 min
Is Bitcoin really a religion? Is all money some form of religious institution? What happened to Virgil Griffith? Are juries the best or worst idea for finding justice? These are the important questions that we answer at the Raleigh Meetup Podcast! Listen to today's episode and dont forget to check out the Raleigh Meetup podcast for an awesome chat every week! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Dec 10, 2019•2 hr 17 min
Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey” style, Bitcoin doesn’t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible. Today we read a fascinating piece from Bitcoin’s rich history, originally published in 2011, and edited, added to, and updated for years since. At Gwern.net , Bitcoin is Worse is Better: https://www.gwern.net/Bitcoin-is...
Dec 09, 2019•1 hr 6 min
For everyone that tells you Bitcoin is a stagnant technology going nowhere, this is the article to point them to. Another be returning author Lucas Nuzzi , we cover a piece that touches on the plethora of developments happening across all fronts in the Bitcoin ecosystem. Much like the development of the internet, Bitcoin has the benefit of building a modular protocol stack to solve a vast array of problems without compromising the underlying network. A great read to close the week. Follow Lucas ...
Dec 06, 2019•47 min
Money is the tool that enables human exchange and prosperity... Bitcoin is a sovereign, sound, digital form of money... Time is the only true scarcity that exists for humanity... Listen to a walk through the Bitcoin perspective and the rich history that enlightens the story for Bitcoin's immense monetary potential. Reading the unabridged audiobook of Money, Bitcoin & Time, written by Robert Breedlove . Link below to the original PDF to explore the data and graphics or the extraordinary list ...
Dec 04, 2019•4 hr 38 min
Another of the many great pieces from Nik Bhatia getting into the impact and scope of the system that the Lightning Network could become. Bitcoin is neither just a store of value, nor just a medium of exchange, it's both. The LNP/BP protocol stack is taking us into the future, hear all about it in today's read from Nik Bhatia, now part the OpenNode team, titled " The Lightning Network: Why I Quit the Bond Market for Bitcoin. " Link to Nik's Twitter and the original article on his Medium page: ht...
Dec 02, 2019•24 min
Don't be the oblivious boomer who lets their hard work get sucked away by that garbage Boomer Bucks currency. Be a part of the future, and Buy Bitcoin! Another fun chat with the Raleigh Bitcoin Meetup! Check out the Raleigh Meetup Podcast and subscribe so you don't miss them: https://anchor.fm/raleigh-bitcoin-meetup Get your copy of "The Little Bitcoin Book" in print or audio (read by your truly) for those long holiday drives: https://www.amazon.com/Little-Bitcoin-Book-Matters-Finances-ebook/dp/...
Nov 27, 2019•2 hr 13 min
An economy leveraged 150:1 A spiraling tower of debts to pay for our previous debts Central Banks repeating the same policies that caused our problems as their solutions The confiscation through counterfeit of $Trillions in economic production Massive distortions of the price mechanism & monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money Bitcoin Fixes This . Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the...
Nov 27, 2019•51 min
To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely. The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter 's excellent pieces to learn all about how " Transaction Count is an Infer...
Nov 25, 2019•37 min
INTRODUCTION At the end of the 16th century, a rag tag group of rebel intellectuals and entrepreneurs founded a country on some of the least desirable land in Europe—so often flooded that it needed hundreds of miles of moats - while fighting an eighty year long war against the largest empire in the world. From this struggle and melting pot of ideas emerged the Dutch and British golden ages, innovative economic institutions that changed the world, as well as one of America’s most successful socio...
Nov 22, 2019•56 min
The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don't miss it. Link to the original post and Ray Dalio's twitter page: https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/ https://twitter.com/RayDalio Other great works mentioned in this show: The Case for Electronic Cash http...
Nov 21, 2019•35 min
The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital . What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money? This piece is packed with digital gold, so don't miss it! Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com . Don't for...
Nov 20, 2019•1 hr 9 min
