SHOW

⚡️ Bitcoin Audible

by Guy Swann

About

The Best in Bitcoin made Audible.Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.
https://bitcoinaudible.com/

Recent Episodes

⚡️ Read_626 - Digital Alchemy, A Post-Mortem of the Crypto Crash [Lyn Alden]

"Several exchanges in the industry fuel bubbles for a quick buck as well. If something starts to get momentum, including meme coins like DOGE or SHIB that don’t realistically have a substantial future, they promote those coins to their users, which can suck retail investors into buying the bubble top. Plus, a lot of Youtube and TikTok influencers pump small coins, and use their audience as exit liquidity." - Lyn AldenFor those of you who may be unaware, there was a recent blow up of a deca-billion dollar LUNA and TerraUSD algorithmic stablecoin. Essentially the entire market capitalization of US...

⚡️ Read_625 - The Cascading of Interconnected Risk [Marty Bent]

"This created a ticking time bomb with a very short timer. That money was going to "work" in completely artificial markets that were being driven by pure central planning insanity instead of actual fundamentals. As everyone and their mother who had excess cash was shoveling it into financial and real estate assets, global supply chains were quickly breaking down." - Marty BentToday we dig into what exactly is going on in the financial markets, why equities are crashing over a tiny increase in the Fed funds rate, what it means, and how on earth we found ourselves in this situation...

⚡️ Guy's Take #55 - On the Economics of CTV Batching, & Where I was Wrong

So what exactly did I get wrong in Guy's Take #54, and why? Let's dig back into the economic of CTV and transaction commitments, to clear up what I was misunderstanding around unrolling large batch transactions and who pays the cost of doing so. Are the incentives aligned or not? We discuss in today's Guy's Take episode.Here is a link to the article we will be covering soon by Shinobi on the real controversy regarding CTV and its activation method if you want to get a head start:https://bitcoinmagazine.com/technical/analyzing-bip119-and-the-controversy-surrounding-itFor the best products and services to...

⚡️ Read_624 - Riding the Lightning Network [Sam Callahan]

"Despite all of these constraints, the free market finally provided the competition these incumbent banks so desperately needed. Bitcoin and the Lightning Network have arrived to show the world that we finally have the technology available to bring cheap global payments to everyone in the world." - Sam CallahanToday we dig into the absolute mess of differing standards, wall gardens, high fees, jurisdictional conflict, & liability risks that abound in our global financial and payments infrastructure. Why are cross border payments so slow and so expensive, and why specifically is it so much worse in the areas of the world where it is most...

⚡️ PSA - Price Be Crashin 2022!

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⚡️ Guy's Take #54 - CTV, Blockspace Debt, & TX Grenades

[Caveat - A critical piece of the puzzle I lay out in this episode was something I incorrectly understood, which makes this entire thought experiment moot. I explain further in Guy's Take #55]Today I want to isolate the problem I brought up briefly in the previous CTV episode and expand on how I've been exploring the concept and how it might be a problem to the economics of transaction fees and how it alters the liability of who pays for the cost of the data. I think this relates to issues from the past with soft forks like P2SH...

⚡️ Read_623 - Response to the Huffman Letter to the EPA [Bitcoin Mining Council]

"It is imperative that elected officials in the United States recognize that bitcoin, and the innovation of Proof of Work, is the most important financial, economic, and accounting innovation in the history of humanity." - Bitcoin Mining CouncilToday we read & discuss a thorough and well argued response to the unfortunate nonsense in the Huffman letter to the EPA written by 22 elected politicians. With numerous old, tired claims that are easily debunked with any search for real data or facts, to a handful of misleading and twisted claims that simply don't reflect reality, the response does an excellent job of bringing...

⚡️ Guy's Take_53 - Let's Talk CTV

Everybody take a deep breath! Right now all the drama on Twitter and the Bitcoin community is all about CTV. What is it? Is this an attack on Bitcoin? Is it going to destroy Bitcoin fungibility? Are we firing the devs again? Well luckily I've been digging around through things the past 3-4 days and can at least give you an introduction on the idea and begin our journey to figuring out if this a new benefit or risk. There happens to be a lot of FUD both for and against the CTV/BIP119 proposal in the Twittersphere, and before...

⚡️ Read_622 - Silent Payments & Secret Blinding Keys [Shinobi]

"One issue with Bitcoin’s privacy, the ability to receive funds without giving up valuable information, is addressed with 'silent payments.'" - ShinobiToday we dive back into privacy with payment codes, BIP47, how exactly it works, and then the recent proposal from Somsen on "silent payments" that takes this even a step further to limit the data load on the chain itself. Some really fun tricks here that help give much needed privacy to those who need it most. Listen to find out more.Link to the original and tons of other great work from Shinobi & Bitcoin Magazine:https://bi...

⚡️ Read_621 - I Finance the Current Thing [Allen Farrington]

"Even if you knew this was complete and utter bullshit, and that being an agent and not a principal ethically and legally precludes you from pretending your politics is your job, can you imagine, dearest of readers, your absolute priority at all times being to appear minimally different to all your competitors and hence to mimic whatever stupid bullshit they are spouting, regardless of whether even a single such spouter is making one iota of sense?You’ve just imagined ESG." - Allen FarringtonDo you invest in The Current Thing? Do you put the sign in your store front, to ma...

⚡️ Read_620 - Reading of the Transcription of the Recording of the HODL vs DeaterBob "Debate" [Stephen Chow]

"You’re a thirsty bitch. You like to gargle Peter’s balls." - DeaterBobThis is happening and there is nothing I can do about it at this point. Enjoy.You can earn Bitcoin by Donating Plasma in a new pilot program. I've put the details for you at the link below:guyswann.com/bloodFor the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BIT...

⚡️ Read_619 - Bitcoin Mining & The Gird, Part 1 - Generators [Blake King]

"Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations. Riot’s Whinstone mining farm in Texas is a perfect example of miners powering down during tight conditions in ERCOT. During winter storms in February 2022, the site powered down 99% of its operations to reduce load. This flexibility made headlines. Now imagine if ERCOT has visibility of every miner over 10 MW that’s connected to the transmission network. The price at which the machines breakeven would then become an integral aspect of wholesale power pricing because the bitcoin miners themselves can set the wholes...

⚡️ Read_618 - Expanding Functionality in Lightning Implementations [Shinobi]

"There are still many extensions to build out in the protocol and areas with unsolved scaling issues. In general, the Lightning protocol itself still has a long way to go in terms of solving existing issues and becoming robust and scalable enough to serve as a global transactional network on top of Bitcoin." - ShinobiFollowing up some of the incredible announcements and discussions at Bitcoin2022, Shinobi breaks down what is happening in the major Lightning implementations, the directions they are focused on, & what we may expect to see in Lightning evolution in the near term. Tons to cover in this...

⚡️ Read_617 - Announcing Taro, Multi-Asset Bitcoin & Lightning [Ryan Gentry]

"Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the reach of Lightning Network as a whole, bringing more users to the network who will drive more volume and liquidity in bitcoin, and allowing people to easily transfer fiat for bitcoin in their apps. More network volume means more routing fees for node operators, who will see the benefits of a multi-asset Lightning Network without needing to support any additional assets." - Ryan GentryA huge kudos to Lightning Labs and what...

⚡️ Chat_68 - Keysend Maximalism & LNpay with Bootstrap Bandit

LNpay, LNURL, LNauth, streaming sats, Bolt12, the past and future of Lightning. We dig into tons of great stuff around Lightning and discuss Keysend Maximalism with my good friend and the creator of LNpay, Bootstrap Bandit. We are getting back into it after the Bitcoin2022 conference, and you don't want to miss it. So stay tuned, much more on the way!Dont forget to follow Bootstrap on Twitter, and explore the incredibly useful tools and services built over at LNpay.co.You can earn Bitcoin by Donating Plasma in a new pilot program. I've put the details for you at...

⚡️ Read_616 - Current State of Lightning Privacy [Tony]

"Besides the advantage of near-instant payments, there can be privacy improvements to Lightning as well. Unfortunately, there are scenarios where Lightning is not great for privacy. I’d like to unearth some of these. Not as FUD about the network, but to keep people as informed as possible so they may privately use Lightning. Everything in this article is public knowledge and known to the industry to some degree. This is my attempt at aggregating the topic of Lightning privacy from a higher level. Everyone has a right to financial privacy and deserves to be aware of these things." - To...

⚡️ Guy's Take #52 - Follow up to Read 615 - The State vs Bitcoin

This episode is because the previous read by Steve Barbour deserved a Guy's Take. Before we change topics to privacy in the episode coming later this week, "The State vs Bitcoin" deserves a solid shake down. A Guy's Take episode on Read 615.Link to the original article by Steve Barbour:https://sgbarbour.medium.com/the-state-vs-bitcoin-dbc044f23ea6You can earn Bitcoin by Donating Plasma in a new pilot program. I've put the details for you at the link below:guyswann.com/bloodCheck out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats...

⚡️ Read_615 - The State vs Bitcoin [Steve Barbour]

"As with freedom and oppression, Bitcoin and State money may exist in a perpetual tug of war between ideals. Where State money relies on compulsory participation, Bitcoin offers completely voluntary entry and exit and thus represents the antithesis of State money. In this essay I will explore the mechanisms in which Bitcoin may resist State attack." - SGBarbourToday we explore the feasibility and the correcting mechanisms in the Bitcoin system for resisting sustained censorship of the network. This is a must listen for those who want to dig into the game theory of Bitcoin, and its struggles with the most...

⚡️ Read_614 - ...and Then They Fight You [SovrynMindset]

"Much more to say. This is just a starting point, but I'm interested in Bitcoin for its potential to reorient civilization to an existence rooted in truth. If adoption comes at the cost of that, all the NGU euphoria means nothing and most of what gives Bitcoin value will be lost." - SovrynMindsetMichael brings us an excellent thread on the attack vectors likely to come in the not-too-distant future as we have clearly entered the "then they fight you" stage. Now is not the time to rest on our laurels and believe that we have already won a fight, that...

⚡️ Read_613 - Against the Inevitability of Bitcoin [Ariel Deschapell]

"...This purpose flounders, however, if their own evangelists and the community at large fails to lay the groundwork and impetus to push ever deeper.As a community, we fail when, in chasing the mainstream, we lose sight of the original spirit in which Bitcoin was created and bootstrapped." - Ariel DeschapellTo kick off adversarial week, we are covering a great piece that brings us back down to earth so we can see where we are, the reality of our situation, & the true challenges that lay before us. From author Ariel Deschapell and published with Bitcoin Magazine, today we read & discuss: "...

⚡️ Read_612 - Energy Cancelled [Arthur Hayes]

"On a medium-term basis, it is time to back up the John Deere excavator and scoop up as much gold and Bitcoin as you can afford. This is it, the start of a monetary regime change. Nothing lasts forever, and the days of Petro / Eurodollar supremacy are over. The phase shift will be chaotic, it will be volatile, it will morph, but it will 100% be MASSIVELY inflationary in fiat currency terms.There is no government, ever, that resisted the temptation to print money in order to pay its bills and placate its citizens. The government will never voluntarily go bankrupt...

⚡️ Read_611 - The Freedom of Value [Dergig]

"Thus, given enough time and popularity, every movie, every song, and every document will be available to the general public for free. The nature of information does not allow for another outcome. Hence the saying: information wants to be free.Although trying to create something that can't exist—information that can't be copied—is paradoxical in itself, this isn't what I mean by the DRM paradox. What I mean is something more hilarious. It is again psychological, not technical in nature. The paradox is this: content will only stay behind a paywall if it is shitty. If it's good, someone will...

⚡️ Read_610 - The Invisible Cost of War - Part 2 [Alex Gladstein]

"In sum, the U.S. government has shown that — through the GFC, repo spike crisis in 2019 and pandemic crisis in 2020 — it is willing to do anything to keep interest rates down: start an experimental QE program to buy long-dated treasuries and subprime mortgages; nationalize the repo markets; and even nationalize the corporate debt markets." - Alex GladsteinToday we conclude Alex Gladstein's incredible new article on the invisible costs of war, and how our monetary policy disconnects the unbelievable cost of war & its fallout, from the minds of the citizens. Only in the age of infinite money printing, can we sustain infi...

⚡️ Read_609 - The Invisible Cost of War - Part 1 [Alex Gladstein]

"As detailed in Saifedean Ammous’s “The Fiat Standard,” in November 1914 the British government “issued the first war bond, aiming to raise 350 million pounds from private investors at an interest rate of 4.1% and a maturity of ten years. Surprisingly, the bond issue was undersubscribed, and the British public purchased less than a third of the targeted sum. To avoid publicizing this failure, the Bank of England granted funds to its chief cashier and his deputy to purchase the bonds under their own names.”This was one of the more prominent early examples of government bond market intervention to finance war, and it wou...

⚡️ Read_608 - Want to Stick it to the Elites? Use Bitcoin [Avik Roy]

"Aspiring Republican politicians and conservative opinionators love talking in darkened tones about the malevolence of elites. And yet, for all the fingers wagged and pixels rendered, conservatives have largely ignored the most economically significant way in which elites actually _have_ rigged the game in their favor. The widening gap between elites and the rest of us comes down in large part to the highly abnormal way in which the United States has defined money for the last 50 years." - Avik RoyAvik breaks down in this article from The American Mind, the poisonous nature of our monetary system, where it all...

⚡️ Read_607 - Implications of Outlawing Bitcoin [Dergigi]

"If having 12 words in your head is illegal, something is terribly wrong with the law. If the police storm your building because you are finding or creating a random number in the privacy of your own home, something is terribly wrong with the police. If the peaceful exchange of messages is seen as dangerous or immoral by society, something is terribly wrong with society. If speaking or knowing numbers becomes a criminal act, I don’t want to be a law-abiding citizen in the first place." - DergigiWhat exactly does it mean to outlaw Bitcoin? To ban proof of work mi...

⚡️ Read_606 - Lightning is a Liquidity Network [Roy Sheinfeld]

"Only liquid, flowing capital generates a return. Unlike a bank account, capital on Lightning is productive when it is mobile, not at rest. That’s why flow is so essential. The more capital flows, the more liquid it is, the more incremental returns it generates." - Roy SheinfeldRoy Sheinfeld of Breez Technology does some of the best conceptualizing of the Lightning network, its direction, & its challenges. He brings us another article today attempting to reconceptualize Lightning around the process of its operation (liquidity) rather than the purpose the process fulfills (payments network). The Guy's Take to follow discussing ideas of Li...

⚡️ Read_605 - Bitcoin Behind the Veil [Craig Warmke]

"People tend to favor proposals that would benefit themselves and reject proposals that, at their own expense, would benefit others. If you were wealthy, you’d probably reject calls for higher taxes and more welfare programs. If you were poor, you’d probably call for higher taxes and more welfare programs. I don’t just mean that the currently wealthy tend to endorse proposals thought to benefit the wealthy and that the currently poor tend to endorse proposals thought to benefit the poor. I mean something stronger — even the actual, presently poor would likely endorse proposals thought to benefit the wealthy...

⚡️ Read_604 - I Was Wrong, We Need Crypto [David Hansson]

"Now what's that saying again. Just because you're paranoid doesn't mean they aren't after you. It's starting to smell like that. Just because Bitcoin's most virtuous argument was presented – in if not bad-faith then in fig-leaf-faith – by get-rich-quick boosters, doesn't mean it isn't true!Enter the trucker protests in Canada. In just three weeks of honking, blocked streets and bridges, bouncy castles and flag waving, this peaceful protest movement managed to provoke the most shockingly authoritarian response from the Canadian government." - David Heinemeier HanssonThe events of today are making it increasingly difficult to ignore the value of Bitcoin & censorship resi...

⚡️ Read_603 - If Russia Invites Bitcoin Adoption, The Global Arms Race Begins [Mike Hobart]

"The U.S. and its allies are now effectively backed into a series of corners. Can the U.S. attempt to ban Bitcoin and its transactions? It can try, but will fail. China has already tried to do so, multiple times, and the same goes for India. Not to mention, the U.S. now has a multitude of politicians advocating for Bitcoin adoption, like U.S. Senator Cynthia Lummis and state governors showing political support for the asset and network." - Mike HobartBitcoin has suddenly and aggressively entered the global political stage in recent weeks, and there will be no...

⚡️ Read_602 - Bitcoin's Peaceful Revolution, A New Hope for Humanity [Peter St Onge]

"By taking away their printing presses, Bitcoin stops the creeping totalitarianism that weaponizes our own blood, sweat and tears against us. It stops governments’ escalating ability to control all person-to-person exchange, their efforts to build a financial panopticon of Big Brother control. And, finally, by getting governments out of the business of manipulating money, Bitcoin brings us a world without permanent crisis, without the boom- bust business cycles, without the inflation that ravages the people who those governments pretend to serve and love." - Peter St. OngeDiving back into the incredible publication of The Bitcoin Times Ed 4. Bitcoin isn't just a...

⚡️ Read_601 - Bitcoin First [Fidelity]

“Bitcoin as a superior monetary good is more valuable than a better payment network . This leads us to another point as to why we believe bitcoin should be considered primarily as a monetary good rather than a payment network. The fact the market has shown a preference towards bitcoin, which is slower as a payment system compared to other digital assets and blockchains, signals the market currently values a highly secure and decentralized store of value rather than another payment network. As we previously noted, Bitcoin’s revolutionary invention was solving the problem of digital scarcity and creating a digital store...

⚡️ Read_600 - The Separation of Money and State [Allen Farrington]

"That is not to say that Bitcoin will lead us to a pacifist utopia in which any attempt at violence suffers metaphysical intervention by the spirit of Satoshi. That money can grant power is clear enough as there will always be a clearing price for violent thuggery. But what will distinguish a Bitcoin standard is that power will not grant money." - Allen FarringtonToday we dig into another great piece from The Bitcoin Times Ed 4. What are the characteristics of Bitcoin, that truly make the separation of Money and State a true possibility for our future? How does Bitcoin change...

⚡️ Chat #67 - Pioneer Species with Brandon Quittem

Today we have an incredible chat as a followup to the recent piece Read_596 - Bitcoin is a Pioneer Species. We have author Brandon Quittem joining us today to dive deeper into the concept he lays out in the article, further into the consequences of what it means for energy production, and ultimately, where our species is likely to spread out and inhabit on the planet with such a powerful new set of incentives. You can either read or listen to the article at the links below, and don't forget to check out Brandon Quittem's other amazing work at his...

⚡️ Read_599 - Why Every Fixed Income Investor Should Consider Bitcoin - Part 3 & 4 [Greg Foss]

“And finally, given its asymmetric return distribution I believe It is more risky to have zero exposure to bitcoin than it is to have a 5% portfolio weight. If you are not long bitcoin, you are irresponsibly short. Don’t overthink this. Lower your time preference. Bitcoin is the purest form of monetary energy and is portfolio insurance for all fixed-income investors.” - Greg FossConcluding today with some insane bullishness on price evaluations & a model for Bitcoin attempting to account for its value as a hedge against the Fiat Ponzi. Detailing out their concept of the Fulcrum Index, and why Bitcoin as a C...

⚡️ Read_598 - Why Every Fixed Income Investor Should Consider Bitcoin - Part 1 & 2 [Greg Foss]

“General Motors, Ford, AT&T and GE have cumulative debt that is larger than the entire HY market. Downgrades of any one of these names likely imply a downgrade of the others. The forced selling would rock the HY market, which would start a domino effect and a negative feedback loop that would reach to all credit and equity markets globally. Pretty scary stuff. Follow inefficient investment guidelines, win stupid prizes.” - Greg FossToday we hit Parts 1 & 2 of Greg Foss’s incredible 4 part report on the case for Bitcoin from the fixed income investment perspective. Laying out his history in the mar...

⚡️ Guy's Take #51 - AOPP & the Travel Rule

With Twitter up in arms about a potentially invasive privacy measure and compliance for an invasive regulatory requirement, it's time to break down exactly what is going on, and what we should or should not be concerned about. What is the Travel Rule, what is AOPP, and what should I do with my hardware wallets? That's what this episode is about. There will be no ads on this show as I just want to talk about this issue and share my own conclusions after digging into what the reality of this situation is. Hope this helps makes sense of what...

⚡️ Read_597 - The 7th Property Ch1 - The Dimensions of Money [Eric Yakes]

"What is money? Why is it used? Which type of money is best? And why?" - Eric YakesToday we are diving into the foundational chapter of Eric Yakes' book The 7th Property. What are the characteristics of money, and how can we use them to understand the security and comparative value of competing monetary goods? The full book as well as the audiobook (by yours truly) can be found at amazon if you want to dig in further:Paperback: https://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/0578902621/ref=sr_1_1?crid=1OGGJHM7QJCZ7&keywords=7th+property&qid=1643345103&sprefix=7th+property%2Caps%2C61&sr=8...

⚡️ Read_596 - Bitcoin is a Pioneer Species [Brandon Quittem]

“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short supply, people get priority over Bitcoin miners. However whenever there is excess energy, it gets monetized. This symbiotic relationship leads to more energy abundance generally.” - Brandon QuittemAnother great piece coming at you today from The Bitcoin Times Ed 4, and by returning author Brandon Quittem, who did the incredible Mycelium Series for understanding Bitcoin through the lens of an organic mycelium like organism. Today he tackles Bitcoin mining, and how the altered incentives of Bitcoin make it a pioneer species that wil...

⚡️ Read_595 - Money Messiah: Part 2 [John Vallis]

"Money, in the ideal (which we’ll likely always only ever strive for, and not achieve), turns a portion of ‘our work, here and now’, into a portion of ‘everyone’s work, anywhere and forever’." - John VallisContinuing the incredible piece from yesterday by John Vallis around how the human consciousness even creates value and meaning, and how deeply tied to that process and our ability to peacefully coexist is to the nature of our money. And through that lens, what is Bitcoin? Check out the original article and drop some hella applause (and follow John while you're at it):https://medi...

⚡️ Read_594 - Money Messiah: Part 1 [John Vallis]

“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action is measured and justified.” - John VallisWhy does it always seem that the Bitcoin rabbit hole inevitably leads to the questions of "what is money" & "what is value?" How do we always find ourselves at such fundamental question when exploring Bitcoin? Today we dive into Vallis's "Money Messiah" on the very nature of value and meaning, how it relates to our religious and moral interpretations of the world, and why they are so intricately intwined with t...

⚡️ Read_593 - Bitcoin Heading to $30k? [Nik Bhatia]

"This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on future cash flows will likely prompt speculators and investors at the margin to dump or severely reduce their crypto holdings.” - Nik BhatiaWe take a little break to discuss the crazy state of the markets right now, and how this could affect the Bitcoin price in the short term. Nik Bhatia summarizes the bearish warning from Arthur Hayes and digs into the possible course of action for the Federal Reserve, and how that could dictate what the Bitc...

⚡️ Read_592 - First Impressions of Web3 [Moxie Marlinspike]

“The people at the end of the line who are flipping NFTs do not fundamentally care about distributed trust models or payment mechanics, but they care about where the money is.” - Moxie MarlinspikeAs a follow up to the model and concept of web3 built on top of Bitcoin and Lightning, it seems prudent to have an exploration of web3 built on top of crypto. Moxie Marlinspike brings us an excellent piece with a bit of experimentation of his own to get at the core of what NFTs, Dapps, and the “Crypto” world really are, with this article titled, “My First Impr...

⚡️ Chat #66 - Will the Real Web3 Please Stand Up, with John Carvalho

"Our goal is basically to realize this concept we have created called the atomic economy. This is just my way to create a narrative and mental model to represent hyperbitcoinization, or a future world where we actually broke free from having government regulations control the economy, having big tech control our data, and having big banks control our assets. If we actually ended up in that world, what would it actually look like?" - John CarvalhoToday we dive into an amazing conversation with John Carvalho that I've been eager to get at for a while now. Through Bitcoin and Lightning...

⚡️ Guy's Take #50 - Lightning and the Web

In a follow up to the State of Lightning Report from Arcane Research and OpenNode, we dive into the possibilities for how Lightning will change the global market, the potential for truly on-demand services, streaming money, the access it could bring to billions with no banking, & why I think it will change how we interact with the web itself. Lightning is the beginnings of a new frontier and we take time in today's show to talk about where that frontier will take us.Don't forget to check out the State of Lightning Report from Arcane Research at the link below...

⚡️ Read_591 - The State of Lightning - Part 2

"What the Internet has done for information, Bitcoin and the Lightning Network will do for money. " - Elizabeth StarkFinishing the amazing report from Arcane Research on the state of the lightning network and development ecosystem. Covering the development path, the major players in the space, and the nation states beginning to pay attention and their role in Bitcoin's future. Don't miss part 2 oif the State of Lightning report.Check out the many graphics and data that helps show the comparisons made on the full report at the link below:https://static1.squarespace.com/static/60377b34e7791c1277aaae97/t/615cb9a...

⚡️ Read_590 - The State of Lightning - Part 1

“The Lightning Network, and the possibility to perform micropayments instantaneously, will most likely change how we pay for certain services. We already see the first steps, but the alternative to stream money will revolutionize many popular services in the future.“ - Arcane ResearchToday we are diving into Part 1 of The State of Lightning Report from Arcane Research. What it is, its early life, how its evolved, the state and direction of development, what we are predict about its future, and the incredible possibilities on the horizon. Everything you wanted to know about the Lightning network in a thorough report on the...

⚡️ Read_589 - Proof of Stake & Stablecoins - Part 2 [Lyn Alden]

“Crypto exchanges with numerous coins have an incentive to get you excited about new coins, because they make money from trading volumes. Even if it’s just meme-coins like Doge or Shiba Inu with briefly-lived spikes, they want to get you in on the action, especially near the top of the spike when enthusiasm is high. Their financial incentive is for their users to hold a large number of coins, and trade those coins frequently, and are happy to highlight whatever coins happen to be popular at the moment. In that environment, it’s the house (exchange) that wins either way."...

⚡️ Read_588 - Proof of Stake & Stablecoins - Part 1: A Centralization Dilemma [Lyn Alden]

"If Bitcoin were built on a proof-of-stake model, where the more coins you have the more votes you have on how the network functions, the large exchanges and custodians could have used the millions of coins they held on behalf of clients to vote in their own favor. This is similar to how Vanguard and BlackRock hold trillions of dollars of indexed equity assets for their users and maintain the voting rights on those assets." - Lyn AldenMan have we got a great one today! From Lyn Alden we have part 2 of her breakdown of the systems of proof of...

⚡️ Read_587 - Bitcoin & The American West [Croesus]

"These pioneers are akin to the Bitcoiners who showed up post-Mt. Gox, through to the Class of 2020. These are the individuals who saw the promise and opportunity of Bitcoin and seized it, despite the dangers that mainstream society warned us of. In the same way that the Oregon Trail was fraught with perils, so too is the journey from precoiner to Bitcoin maximalism. A greenhorn in digital assets has to navigate the treacherous landscape of cryptocurrency information available online, fending off scammers like Indian braves seeking scalps, and finding the right passage through the Rocky Mountains of shitcoinery. Breaking an axl...