“It’s going to be really interesting to replicate some of the token-based authentication schemes that we already have with centralized providers but do it with self-sovereign identity, which is pseudonymous and which is persistent across the network.” - Chris Dannen An article by Peter Chawaga at BitcoinMagazine.com that touches on the many topics discussed during the Bitcoin Halving Livestream with many of the Lightning pioneers. With LSATs, keysend, LN messaging apps, and the new infrastructur...
May 26, 2020•30 min
We had a fascinating panel discussion hosted by John Vallis with an amazing group at the Value of Bitcoin Conference. All about the Global Renaissance that Bitcoin could ignite. What incentives will most change our world, what is the future of debt in a sound money economy, what will governments look like, what happens when everyone's wealth exists everywhere at once and borders become meaningless? All this and more with Marty Bent, John Vallis, Alex Gladstein, Elizabeth Prefontaine, & Brady...
May 25, 2020•1 hr 33 min
"Early alchemy was concerned with purifying and perfecting certain materials, such as transmuting base metals like lead into noble metals like gold, creating an elixir of immortality, or creating panaceas to cure any disease." - Meltem Demirors How should we observe the "crypto" industry as a whole, and what, if anything, can we learn from the enormous ocean of altcoins that could find a useful application in the future of cryptography and networking systems? Meltem gives a very interesting anal...
May 21, 2020•36 min
"The world’s national currencies will offer Bitcoin only a sputtering resistance — more in word than deed — and they’ll dwindle into irrelevance as their defenders fail to defend, their battlements go unmanned, and the central banks’ centers will not hold." - Jesse Lawler Are we doomed for a massive battle between the monetary giants. The Federal Reserve and global powers pitted against the decentralized Bitcoin system? Or will Goliath simply fizzle out as the central banks fail to organize, fin...
May 20, 2020•50 min
Statechains, the Atomic Swap Halving, Perpetual One Way Swaps, and more with co-host of the Unhashed Podcast! Ruben Somsen joins us to dive into a ton of awesome technical exploration & how they can be directed toward a scalable and efficient future for Bitcoin. Check out Ruben on Twitter: https://twitter.com/SomsenRuben Explore his various proposals further: https://gist.github.com/RubenSomsen/c9f0a92493e06b0e29acced61ca9f49a Listen to him and the gang talk Bitcoin on the Unhashed Podcast: ...
May 18, 2020•1 hr 55 min
Full nodes without even needing the internet? That's right. A massive improvement to the decentralization & alternatives for securing Bitcoin validation infrastructure just dropped from the team at Blockstream. Announcing Blockstream Satellite 2.0! Check out the original with links to pre-order the kits if interested: https://blockstream.com/2020/05/04/en-announcing-blockstream-satellite-2/ Follow Adam Back, Chris Cook, & the team on Twitter: https://twitter.com/adam3us https://twitter.c...
May 15, 2020•24 min
"Encryption reduces the cost of protection and decreases the leverage of violence at scale. This leads to the rise of dissident technology." - Phil Bonello With the foundations of the our societal structures shifting, and the core dynamics of violent organization under flux, how do we anticipate the changes in the future? Looking at the investment thesis through the lens of “The Sovereign Individual” with an incredible article from Phil Bonello. Check out the original article at the link below, ...
May 14, 2020•45 min
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." - Satoshi Nakamoto To kick off the Third epoch in Bitcoin we are officially rebranding to Bitcoin Audible, and beginning with the historic Whitepaper by Satoshi himself, revealing this incredible system to the world. Solving the Byzantine General's problem, a breakthrough in consensus, a structureless, distributed monetary sys...
May 12, 2020•42 min
Finally got the incredible author of the "Gradually, Then Suddenly" series on the show to have a chat about the nature of Bitcoin, how it so widely misunderstood, and the most important change it will bring about. Parker Lewis and I had an awesome chat and you don't want to miss it. Happy Halving guys!! SwanBitcoin.com/guy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
May 11, 2020•1 hr 23 min
"In other words, Bitcoin already has little monetary inflation, which will drop even further." - Dominik Stroukal Because I love discussion of markets, prices, and the EMH, I couldn't avoid one last article before the halving arrives. With another interesting take from the SatoshiLabs blog from first time on the show author, Diminik Stroukal , we get a breakdown of how to think about the halving, the stock to flow model, and predicting the future of Bitcoin. Plus, an unavoidable Guy's Rant to fo...
May 09, 2020•52 min
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold." - Alan Greenspan Who would've guessed that the most succinct explanation of exactly how Greenspan caused an unsustainable credit bubble in the 90s, resulting in an inevitable economic collapse, would've come from Greenspan himself, almost 30 years earli...
May 06, 2020•53 min
"It is axiomatic that printing money (or creating digital dollars) does nothing to generate economic activity ; it only shifts the balance of powers as to who allocates the money and prices risk. It strips power from the people and centralizes it to the government." - Parker Lewis If you were worried that the previous installment of the Gradually, Then Suddenly Series was its conclusion, then you will not want to miss today’s read. Parker is back with another bomb to drop on the unavoidable real...
May 04, 2020•1 hr 7 min
" As a friend of mine likes to say: Bitcoin is pieces of super-gold flying inside an unstoppable PayPal. It is the best money we ever had." - Gigi Another great piece by Gigi (@Dergigi on twitter) that takes a step back and just tells the message of Bitcoin without all the usual over-complication. Ignore the monetary history, don't explain the underlying technology, lets not cover the crucial cryptographic imperatives or the game theory, and lets address the common sense reasons that Bitcoin exi...
May 01, 2020•59 min
"Mycelial networks act as a resource transport layer and communications network connecting organisms in the biosphere. This enables organisms to voluntarily trade resources and knowledge across species lines. Increasing trade leads to increased specialization (division of labor), further increasing biodiversity (wealth and resilience) in the ecosystem." - Brandon Quittem After the long wait, we are finally covering Part 4, the conclusion, of Quittem's incredible "Mycelial Money" series, explorin...
Apr 30, 2020•1 hr 8 min
"What the State fears above all, of course, is any fundamental threat to its own power and its own existence" - Murray N. Rothbard The epic conclusion to Murray Rothbard's Anatomy of the State. What is the ultimate end of state power? Can we test to see if the State is in fact interested in its own survival, or if its interested in the protection of its citizens? And how does Bitcoin alter this ancient dynamic? This and more in todays read. Check out Mises.org for the amazing library of work mad...
Apr 28, 2020•56 min
" The greatest danger to the State is independent intellectual criticism." -Murray N. Rothbard Another piece made available thanks to the amazing team over at the Mises Institute , we dive into the first half of the essential work by Murray N. Rothbard, Anatomy of the State. A critical and objective view of what the tools and means of the state are, and how they differ from the average man. Trigger warning, some of it might be hard to hear. Check out Mises.org for the amazing library of work mad...
Apr 27, 2020•1 hr 4 min
" I think of Bitcoin as a conservative investment because it’s so superior to gold. The value of it should wind up at least equal to gold’s..." - BitcoinTINA Reading a piece by BitcoinTINA summarized from the BitcoinMagazine series on how Bitcoin is a fundamental shift in the nature of money, and how quickly everything could change despite how difficult to imagine it may be. Posted with other great work on the Swan Signal blog, we read "Bitcoin and the Technological Evolution of the Finanical Sy...
Apr 24, 2020•44 min
"We Hodl these truths to be self evident" - Brady A Declaration of Independence for the age of the separation of money and state. When a monetary system becomes a burden, a means not to help the public good, but to sicken and destroy it, it is the right, and the duty of the people to throw off such system. This is why we are here, and this is why we run our nodes, defending the network from those that would alter the money for their benefit, and our expense. The original is below so that applaus...
Apr 24, 2020•35 min
If finding out how the banking system is systematically ripping you off doesn't make your angry, then you're already dead. Had an awesome discussion with Josh of Bottomshelf Bitcoin fame! Going through the incredible theft and engineered fragility of our monetary system. How it induces the boom and bust cycle, builds unsustainable imbalances, fuels irresponsible behavior, rewards those who waste resources, lies to us about our wealth, and manages to have us owing all of our life's work to a bank...
Apr 22, 2020•1 hr 25 min
"As the crypto industry makes progress toward Web 3.0, we’ll come to realize that it’s hard to beat the security and network effects of Bitcoin." - Muneeb Ali Another great article from Bitcoin Magazine, this one by the founder of Blockstack, Muneeb Ali , on the superior security and foundation that Bitcoin can provide to Web 3.0. How its perceived "limitations," may be what makes it the best foundation we could have. It also sparks a long Guy's Rant on the value of on-chain vs off-chain contrac...
Apr 21, 2020•46 min
You are not going to want to miss this incredible piece on exactly how far we have strayed from anything resembling "capitalism," or even the goal of accumulating and growing the capital that improves our lives. "T his is your brain on central banking, regulatory capture, and financialization ." - Sacha & Allen Check out the original and hit that clap button excessively on both Allen and Sacha's pages below • https://medium.com/@allenfarrington/this-is-not-capitalism-5ed0a9d5dfa9 • https://m...
Apr 20, 2020•1 hr 5 min
"You can't dictate how people should use bitcoin. Bitcoin has certain properties that enable different use cases. The predominant use case will fluctuate over time. Get over it." - Marty Bent An Important reminder from Uncle Marty: Bitcoin has value because of what it enables. It is the market that will find its highest value purpose, and it will be used in all the ways it will best serve the economy. Neither you nor I, fortunately, get to decide how Bitcoin will be used or valued. Don't forget ...
Apr 17, 2020•29 min
"All I know is the setup for bitcoin, the hardest form of digital money, could not be better. All manners of trust have evaporated. In order to solve for demand and supply destruction, governments will embark on the greatest fiscal stimulus binge the world has ever seen." - Arthur Hayes The time has come to put our cards on the table and place our bets. Where do you stand? Check out this article plus tons of other great research on any Bitcoin topic you could dream up at the Bitmex Blog: https:/...
Apr 15, 2020•47 min
You’re in for a marathon of a meetup today! The Raleigh Bitcoin Crew goes down the rabbit hole with… Infinite money printing Who really runs things? Inflation and the Fed’s Great Scam How trustless money leads to greater trust Price “gouging” or price “discovery”? Monopolies & the Govt Anti-trust laws and predatory pricing The last halving & the Bitcoin price Quantitative Hardening & more! Don't forget to subscribe and check out the Raleigh Bitcoin Meetup Pod so you don't miss the ra...
Apr 14, 2020•3 hr 16 min
"It is the digital equivalent of your physical bank sending private investigators to follow your every move for days after you withdraw cash at the ATM, and then freezing or confiscating your bank account entirely if that PI comes back with a report that says that “you may have,” with some probability, engaged in controversial actions with that cash." - Giacomo Zucco A great closing the Giacomo's Treatise on Bitcoin and Privacy at Bitcoin Magazine . What are the Red herrings we have to navigate ...
Apr 13, 2020•51 min
"Despite unprecedented fiscal and monetary intervention after the financial crisis, results have been disappointing. The American people do not need accounting tricks or more debt, but true innovation. Thankfully, Bitcoin provides a way forward." - Conner Brown An excellent article found over at the Bitcoin Reserve Journal on how Bitcoin could lead us into an explosion of innovation and efficiency, and has the potential to right so many imbalances and decades of stagnation in the American econom...
Apr 10, 2020•1 hr
"Although I mostly agree with their reasoning and share the enthusiasm for such a free market, I cannot stop being astonished by the naivety of the idea." - Sven Schneiders If a "good" money cannot survive without a helpful and easy environment... then is it even a good money at all? Sven makes an excellent case for abandoning the sentiment that we should desire a friendly environment for the one market good which is the bedrock for all other economic activity. Check out the original and the man...
Apr 09, 2020•25 min
“Beware of what I call Pascal's scams: movements or belief systems that ask you to hope for or worry about very improbable outcomes that could have very large positive or negative consequences.” - Nick Szabo Another amazing piece from the Unenumerated blog by Nick Szabo that explains a class of doomsday and utopia predictions he refers to as “Pascal’s Scams.” How it can appear rational to worry or hope for extremely improbable outcomes. We read part 1 & 2 together and then talk about how thi...
Apr 08, 2020•50 min
"Satoshi Nakamoto created Bitcoin as a tool for privacy. The entire cypherpunk quest, which Satoshi was an active part of and which the Bitcoin experiment is the coronation of, was all about personal and financial privacy." - Giacomo Zucco A great piece from Giacomo, published with Bitcoin Magazine , on the concepts and origins of privacy behind Bitcoin. Why it's needed, what it means, and all the ways we will secure it. A Treatise on Bitcoin & Privacy Part 1. Let's dive in! Check out the or...
Apr 07, 2020•54 min
"A distant digital descendent of zero, the invention of Bitcoin represents the discovery of absolute scarcity for money: an idea as equally unstoppable." - Robert Breedlove A new piece by Breedlove exploring the discovery and impact of the concept of "zero," both as an abstraction of the nature of the universe, & a numerical tool for better defining and making sense of the world. And how the discovery of absolute scarcity in a monetary system, Bitcoin, will change our current view of the wor...
Apr 03, 2020•1 hr 22 min