"Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin." - Nic Carter Nic does it again with a great piece on the potential future where inflation is needed to "secure" Bitcoin in the post reward era. Will it still be Bitcoin? Can it be secured? Does it mean a change it baked in already? Find out in this excellent piece from Nic, "Don't Fear the Reaper!" Drop some hella applause on the original at his medi...
Sep 03, 2020•36 min
"As we conclude our “Discovering Bitcoin” series, we will build on the use of digital signatures and of the CoinJoin paradigm to explore concepts of unique chronology, mining fees and off-chain transactions." - Giacomo Zucco The conclusion of the amazing "Discovering Bitcoin" series, starting from cavemen and the very concept of hardness all the way to off-chain payments and the Lightning network! Listen to the entire series for the conceptual history of money, its virtualization, its corruption...
Sep 02, 2020•48 min
"The same is not true of the current monetary system. In the current structure, dollars can either be earned by delivering value to others within the economy, or conversely, if the Fed decides to hand out more money. And this happens quite frequently. Of all the dollars that exist today, over 80% have been created and allocated by the Fed since 2008" - Parker Lewis The conclusion of Bitcoin is One for All, the latest installment of the Gradually, then Suddenly series by Parker Lewis. What is the...
Sep 01, 2020•1 hr 16 min
"By manipulating price levels, the Fed isn’t just preventing smaller intermittent fires from naturally running their course while creating larger fires down the road. Instead, think of the Fed’s actions as the arsonist that lights a fire, leaves through the back door in the middle of the night, and then is celebrated as the hero when it arrives through the front door to fight the fire with gasoline." - Parker Lewis May the "Gradually, then Suddenly" series never stop!! Another fantastic piece fr...
Aug 31, 2020•52 min
Bringing back an old post for Hal’s Day. 6 years ago today we lost Hal Finney. This post was one of his last on the BitcoinTalkForums, knowing he would leave us soon, and how he saw his legacy. RIP Hal, we will see you again. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Aug 28, 2020•8 min
"In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity, and on the importance of a supply-control mechanism to grant some hardness to digital money, to explore concepts of proving ownership through signatures and scripts, and the technique known as CoinJoin." - Giacomo Zucco Find the original article and links to the other great reads in this series at Bitcoin Magazine: https://bitcoinmagazine.com/articles/discovering-bi...
Aug 25, 2020•47 min
"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality. History shows us that the corruption of monetary systems leads to moral decay, social collapse, and slavery. As the temptation to manipulate money has always proven to be too strong for mankind to resist, the only antidote for this poison is an incorruptible money — Bitcoin." - Robert Breedlove This is the full, no commentary version of...
Aug 24, 2020•1 hr 14 min
"We need to be able to disassociate from our identities to protect ourselves. We need the freedom to selectively reveal ourselves. We need the possibility to rally behind names, symbols, masks, and the ideas they represent — using transient identities and wearing masks ourselves if we have to. If identities are permanent and transparent, rebellion and revolution are impossible." - Gigi A great piece from the epic blog over at Citadel21.com , by none other than Gigi , author of 21 Lessons. What i...
Aug 20, 2020•23 min
“ignorance or delusion is one of the three causes of our suffering (the other two are attachment and aversion). So when we are deluded about reality, we perpetuate suffering. When we are aware of reality as it is, we avoid suffering." - Reed Wommack We read a piece today from the Swan Bitcoin blog that explores the very conceptual limits of infinity and how scarcity is integral to the very concept of reality. What doest his mean for our lives, for our happiness, and for the value we create? A ...
Aug 19, 2020•33 min
Continuing the excellent series of Discovering Bitcoin, moving into the digital age, we have lost the most fundamental element of our money, it's "hardness." By what means can we get it back? Can we make a scarce money in the digital world, that has no authority, no ruler? Can we restore the freedom of decentralized money? Find out about the brilliant use of difficult puzzles, to achieve digital hardness, in part #5 of Giacomo's excellent series, "Digital Scarcity." Find the original article and...
Aug 17, 2020•43 min
“We find the global acceptance, brand recognition, ecosystem vitality, network dominance, architectural resilience, technical utility, and community ethos of Bitcoin to be persuasive evidence of its superiority as an asset class for those seeking a long-term store of value." - Michael Saylor These are the words of the CEO of MicroStrategy , an enterprise analytics firm that has made a huge investment into Bitcoin, not truly as a speculative avenue, not as a small allocation in order to gain expo...
Aug 14, 2020•56 min
"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of." - Giacomo Zucco Continuing the excellent series of Discovering Bitcoin, this is an awesome set of articles covering thousands of years of monetary history and evolution all the way to The Lightning Network. Today's part is "A Wrong Turn," breaking down the process of innovating money to...
Aug 12, 2020•38 min
"The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it." - Alex B. Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth need...
Aug 11, 2020•49 min
"The goods that fare better in hardness, scaleness and darkness will compete, and the first one to reach a critical mass will start swallowing the others, as far as monetary uses are concerned." - Giacomo Zucco Continuing with the excellent series from Giacomo and Bitcoin Magazine, "Discovering Bitcoin: From Cavemen to the Lightning Network," we dive into Part 3 - Introducing Money . Building of the base concepts of savings in order to acquire time, of durability in a good to store that time, to...
Aug 06, 2020•38 min
We have got a great chat that I have been unable to share until now! What is the present and future of Bitcoin mining and the consumption of energy. Is it a terrible reality that could have huge secondary negative effects, or could it ignite an energy revolution? Join Myself, Christian Stoll, Tone Vays , Christopher Bendikson , Jesse Peltan , and Phillip Sandner for an excellent chat! And stack those sats! Use SwanBitcoin.com/guy to get started with $10 free and start your automatic, sleep like ...
Aug 05, 2020•1 hr 34 min
"By buying Bitcoin, you are not making a mistake. But if you buy Bitcoin and stop there after your first purchase, you’re making a mistake." - Sylvain Saurel A great introduction into Bitcoin by Sylvain that hits the most important rules you need to know before opening the door to the rabbit hole. The monetary system we know is a system the induces inequality and poverty, greed is your enemy, altcoins miss the entire point, not your keys - not your bitcoins, & this will change your life. Tod...
Aug 04, 2020•45 min
Is there anything more to say? Feeling insanely bullish in a chat with Brady of Citizen Bitcoin and SwanBitcoin fame. Don't miss a great chat with 2 hardcore Bitcoiners talking Bitcoin. Start your savings plan with swanbitcoin.com/guy - otherwise you are literally dead to me. Tickets for the greatest Bitcoin conference of 2020 ! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message...
Aug 03, 2020•1 hr 55 min
"it clearly involves moral, political and ethical aspects, like the importance of privacy as a human right. I will use the term “darkness” to address this attribute." - Giacomo Zucco Continuing the series from Giacomo and Bitcoin Magazine on Discovering Bitcoin: From Cavemen to the Lightning Network. An excellent series with Part 2 working into the concept of specialization and finding those goods that can securely hold value and enable exchange at a new level. If you are new to Bitcoin, this se...
Aug 01, 2020•26 min
"If a few percentage points of a portfolio are allocated to it, there is a limited risk of loss... On the other hand, it’s not out of the question for Bitcoin to triple, quadruple, or have a potential moonshot price action from current levels" - Lyn Alden An excellent article from investment advisor Lyn Alden who has recently become bullish on Bitcoin, both in the immediate future, and possibly for the long term. Breaking down the nature of Bitcoin's scarcity, the strengthening network effect, t...
Jul 31, 2020•1 hr 20 min
“In order to be useful for this kind of process, a good must possess a good “hardness”: Any unit of said good should not significantly lose its ability to provide utility if stored over some period of time.” - Giacomo Zucco Beginning an excellent introductory series into the ideas behind Bitcoin from the broadest spectrum available, taking us through the history of value from Cavemen all the way to the Lightning Network. Today we cover the introduction and part 1 of Discovering Bitcoin by Giacom...
Jul 29, 2020•41 min
A long and intense discussion on the vast chasms between the normal view of the world, and that which Bitcoin instills and requires of people. In the age of contradict and finger pointing, there is nothing so disruptive as radical personal responsibility. Don't miss an awesome chat with Keyvan Davani, host of The Total Bitcoin and The Total Connecter podcasts! So much to unpack, so get ready for a great one. Check out & follow Keyvan at the links below: https://twitter.com/keyvandavani https...
Jul 28, 2020•1 hr 32 min
"Privacy is at the root of Lightning which is a requirement for a retail payment network to succeed. It builds on Bitcoin which does not optimize for privacy⁵ but transparency and robustness." - Nicolas Burtey & Chris Hunter As excellent piece today from the Galoy Money team that compares the current world of retail payment infrastructure with the incredible potential of a similarly architected, but fundamentally more open, permissionless, private, and censorship resistant payments system bu...
Jul 27, 2020•1 hr 8 min
Today's Guy's Take is a response to the Bill Bert podcast with Anthony Pompliano! What did Pomp miss? What did he get wrong? Lets do something a little different with this episode, and feel free to check out the video by finding it on YouTube with links and other things provided in the shownotes. Let me know what you think, and don't forget to subscribe! Watch Episode 20 of the Bill Bert Podcast on youtube below: https://youtu.be/UbMaPYX52go Start your long term, auto purchase, super simple Bitc...
Jul 23, 2020•1 hr 13 min
"This risk is probably best countered by offering enough time to upgrade. Unfortunately, not everyone agrees on how much time is enough; some think forced signaling could start within a year, others believe it should take several years." - Aaron Van Wirdum Taproot is here! Now just how the hell do we decide to do the upgrade? Aaron Van Wirdum brings us another great piece at Bitcoin Magazine on the varied discussions on how to implement a Bitcoin soft fork in the post-SegWit days. Do we have PTS...
Jul 21, 2020•56 min
“Trusted third parties are security holes” isn’t just a slogan; it’s a concept that millions of people will have intuitively grasped for the first time yesterday." - Nic Carter I'm sure you've heard about the insane social media takeover by a hacker looking to make a little Bitcoin by now. Nic Carter writes an op-ed on Coindesk breaking down his take on the event and how it calls attention to the huge problems of centralization on the web and social media, and what the possible solutions might l...
Jul 17, 2020•33 min
"Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money printing. Most people don’t know that Bitcoin has another attribute that acts as a hedge against a far larger risk." - Nick Neuman Today we read a short article on BitcoinMagazine that shines light an incredible benefit of the Bitcoin system that isn't so widely understood. It isn't simply an independent monetary policy, its an independent monetary *s...
Jul 14, 2020•27 min
• DeFi • Prices & Markets • Bitcoin & the global power struggle • Political insanity • Apolitical? Super-Political? Omni-Political? • Hard Money Film • Lightning Attacks • Minimum wage & tons more! Another awesome episode with the Raleigh crew digging into so many topics on Bitcoin & and the state of the world. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Jul 13, 2020•2 hr 23 min
" This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology." - Willem Van Den Bergh Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks...
Jul 10, 2020•1 hr 21 min
"Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the typical product of money.” Rearden did not think that Francisco could have heard it, but he saw Francisco turning to them with a gravely courteous smile..." - Ayn Rand Reading the famous speech by character Francisco D'Anconia in the novel "Atlas Shrugged" on the root of all money. This one had a profound effect on...
Jul 08, 2020•20 min
“When we stop conceiving of central banking as an economics story, and start to see it as a crime story, we are beginning to get the true picture.” - Robert Breedlove The epic conclusion of Breedlove ’s “Masters and Slaves of money,” and the inevitable Guy’s Rant further exploring just how poisonous the corruption of our money is on the sustainability and moral fabric of society. Click the crap out of the applause button on the medium article below, and don’t forget the many links for exploring ...
Jul 07, 2020•47 min
