Bitcoin Audible

"The foregoing considerations are by no means an exhaustive account of the cultural and spiritual legacy of fiat inflation. But they should suffice to substantiate the main point: that fiat inflaiton is a powerhouse of social, economic, cultural, and spiritual destruction." Fiat inflation is more than a hidden tax on everyday folks—it's the fuel for the worst parts of our system, feeding both the...

"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That’s a little less than $50 at current market conditions. This feels incredible. 100,000 sats suddenly turned into dust. Gone. Unusable. This is terrifying." ~ Joe Rodgers While we have a short respite from the crazy fees that have hit the Bitcoin world recently, there couldn't be...

We had an awesome chat on Twitter Spaces where we discuss the launch of Pear Runtime, bringing Paolo Arduino, Mathias Buus, David Markclem, Samson Mow, and Giacomo Zucco! We dig into what this could mean for the future of application development, the impact it will have on the tech industry, how it could disrupt monetization models, how this could be used in gaming, journalism, social media, et al...

"For too long, the world has had to endure the fallout of subpar academic research on bitcoin mining’s energy use and environmental impact. The outcome of this bullshit research has been shocking news headlines that have turned some well-meaning people into angry politicians and deranged activists. So that you never have to endure the brutality of one of these sloppy papers, I’ve sacrificed my sou...

"NWC is useful for far more than simply integrating Lightning into Nostr applications as well. The entire design philosophy of Nostr itself as a protocol was centered around keeping it simple enough that the entire protocol could be easily implemented correctly by any developer with minimal time and resources. Applications that have nothing to do with Nostr can easily integrate NWC or similar prot...

We are diving into a discussion today with the creator of ParsePrompt on a perspective of where Ai can be leveraged for the highest multiplier. How to use Ai to make one form of content valuable over multiple mediums in an automated an repeatable fashion. As well as exploring the nuance of the open source alternatives, getting an LLM to speak with your data, and where hype has us chasing a foolish...

The main promise of quantum computing is the ability to solve problems far faster than classical computers, but exactly how much faster varies. There are two applications where quantum algorithms appear to provide an exponential speed up, says Troyer. One is factoring large numbers, which could make it possible to break the public key encryption the internet is built on. The other is simulating qu...

"One of the amazing things about the internet economy is how different the list of top internet properties today looks from the list ten years ago. It wasn’t as if those former top companies were complacent – most of them acquired and built products like crazy to avoid being displaced. The reason big new things sneak by incumbents is that the next big thing always starts out being dismissed as a “...

"Bitcoin wastes energy. You've heard it a million times. But what if its the exact opposite of the truth in every way? What if its actually our energy grid that is wasteful, and Bitcoin can fix it? What if its renewable energy that is unreliable and uneconomical, and bitcoin mining can balance it out. What is its fiat that's wasteful and unfair, and Bitcoin can correct it? And what if the entire p...

"One night during my visit to Bondo, Carl asked me to pause as the sunset was fading, to look at the hills around us: the lights were all turning on, all across the foothills of Mt. Mulanje. It was a powerful sight to see, and staggering to think that Bitcoin is helping to make it happen as it converts wasted energy into human progress." ~ Alex Gladstein Can you imagine what it may be like to lack...

"I think AI can make a lot of things better, and if you put them together, if you are aware of the resources at your disposal, I think the average person can do more than the wealthiest person 200 years ago could have done" ~ HopeTS What if YOU could build the app you needed to solve your own problem? Ai has unleashed this ability to millions who have the knowledge necessary to tap into it, if onl...

"To put it simply, there are now corporations with billions of dollars of investment in not just the asset, but the ecosystem. Mining is a huge economic drain on the system, and all it accomplishes is censorship resistance. If censorship resistance isn’t worth tens or hundred of billions or dollar per year to the corporations; they will find a way to end it. When they do try to end it, they can po...

In today's chat we dive into destroying economic myths and unraveling the political divides of our time toward what future they may be leading us to. What can we make of the balkanization of the US, a push for Texas independence, the unraveling of a global reserve currency and what could we see in the dollar's demise? We dive into all this and more with renowned Austrian economist, and author of C...

"Bitcoin enables perhaps the most powerful mode of ownership ever devised; it would be akin to gold inside a safe that can’t be penetrated with all the energy the universe, and with a password that you know but which could not be guessed over the entire lifetime of the universe." ~ Allen Farrington What if buying an ETF of Bitcoin, is contradictory to the very investment thesis of Bitcoin itself....

"It’s important to step outside of the hype and critically-analyze what is and is not useful. It’s very easy to get caught up in “potential” applications, and allow the imagination to go all exponential on you. It’s a very human thing. Turning that imagination into something tangible is what a business and an entrepreneur does. It’s our hope this report will be useful along that path." ~ Alek Svet...

"Retrospectively, a lot of ex-DigiCash employees understand why Chaum was so paranoid. As a cryptographer you have to assume the whole world is trying to rip you off. A certain amount of paranoia is part of the job. Chaum had also worked for intelligence agencies, and that didn't fortify his faith in the good intentions of humankind. His vision of the privacy of the individual was almost an obsess...

Sometimes in life and the course of history, there are moments where simply stating the truth, in a clear and understandable way, can stir a fire in thousands or even millions of people. Devon Eriksen, author and destroyer of socialist nonsense, joins us today to get to know him and his perspective. We discuss the nature of story, the importance of culture, the power of stating the simple truth, t...

"I hope Bitcoin sticks around and grows more popular, but in its current form to most in #TradFi it is the opposite of SOUND MONEY, especially if it takes cult-like behavior to make it grow. It needs the STATE to force its use on everyone. That is what makes it MONEY." ~ Samantha LaDuc Today we dive into the enlightening twitter thread from financial analyst Samantha LaDuc on why Bitcoin cannot be...

There are so many myths and misconceptions around AI models. What they can do, how they are trained, even the fundamentals of how the data for them is even collected and formatted to make sense. The idea that we can "train our own model" by just feeding it a ton of conversation or notes is unrealistic, but why exactly is that? Today we get into a 2 Part read which will be one of the most value den...

"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO, you actually have to transact on the base layer. After that Lightning can facilitate a very large number of transactions off-chain but a user must still transact on-chain to onboard themselves to Lightning, It massively increases the number of transactio...

There are a lot of speculation, claims, predictions, and accusations around the successes and faults of the Lightning Network. But where do this things fall when we look at the boots on the ground metrics? When we really look at the hard data, what can we know for certain? Today we dig into the past few years of lightning development and growth with Sam Wouters from River, author of the incredible...

The legacy financial system has arrived. One January 10th, numerous Bitcoin ETFs were approved. But is this even a good thing? What does this signal for the legitimacy of Bitcoin as an asset? What does it mean for the sovereignty of the network? This could both bring trillions of dollars in liquidity into Bitcoin and break through the Overton window of the average person. This may make bitcoin "re...

Today we explore the tools for voice changing ai and text-to-speech. What is Guy using, and what are the impacts of instant and easy voice copying be on content creation, copyright, the meme lords, fraud, and personal identity. Referenced in the show ElevenLabs.io (Link: https://elevenlabs.io/) Altered.ai (Link: https://www.altered.ai/) Episode #011 - The Fears of Ai (Link: http://tinyurl.com/4v9r...

" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not popular. When most users hear about any of these, they just think "screw that" and move to a custodial wallet because it is so much easier. If these were our only two problems, I think self-custodial lightning would be fine. It may never be the predominant way people use li...

"The computers used to create valuable new Bitcoin tokens and validate transactions consume around the same amount of energy as a medium-sized country such as Sweden would generate. Hence the stinging critique of how this cryptocurrency wastes the planet’s precious resources." — Ian Birrell Is it true that Bitcoin only wastes energy and is the sole purview of financial gambling and speculation in...