Bitcoin Audible

“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...

"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...

• 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/mes...

" 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...

"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...

“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 ou...

"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." - Robert Breedlove Breedlove brings us another excellent write up, this time on the nature of monetary masters and the power dynamic they embody. Exploring the Trans-Atlantic slave trade, the monetary origins of the decline of Western Af...

"The system is rigged." - Jimmy Song How does out monetary system work and what does it even mean for the government and central bank to have printed trillions of dollars to hand out to everyone, as if we could all just print our way to infinite riches? Is that possible? Does that even make sense? Or is there a better and more fair monetary system at our disposal that reveals the injustices of the...

"Mempools are the centerpiece of the entire Bitcoin economy. And they are totally underrated." - Zane Pocock Today we dig into a unique mental framework of the Bitcoin mempool and how to understand its significance and the fascinating role it plays in the global bidding war for Bitcoin block space. A work by first time author Zane Pocock at MempoolReview.com , Guy reads "Bitcoin's Town Square" & e...

"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more valuable or secure." - Phil Geiger Digging back into the Unchained Capital Blog we find a fascinating framing of the problem of Bitcoin's security at the end of the block subsidy era, where costs will be paid directly by those making transactions. Will...

" #Bitcoin as protocol has huge potential: it's like the TCP layer, but no one has built the HTTP layer yet." - Elizabeth Stark Today we read an article from earlier this year on the massive advances we have seen in Lightning since its inception, and the awesome potential it has for the future. Written by Elizabeth Stark , co-founder of Lightning Labs, and followed by a long rant about all of the...

"Guy Swann returns to the show to discuss Bitcoin scaling, privacy, lightning, state chains, institutional solutions, owning your keys, and much more." Pseu and I go down the rabbit hole of Bitcoin's future and what the road there may look like in this episode of his show, "A Boy Named Pseu." If you haven't checked out his podcast yet, it's a great one to explore on the principles of liberty and d...

"Incentives have driven exchanges to become casinos, and they’re doing exactly what you’d expect unregulated casinos to do. This is no place you ever want to send anyone." - Rusty Russell A sobering and important reminder of the dangers that exchanges have come to pose for people new to the Bitcoin space. Rusty Russell writes a concise piece breaking down the incentives of the exchange market and...

“Years before the U.S. government’s assault on free speech escalated into the indictment against the WikiLeaks founder, the mysterious creator of Bitcoin recognized the potential fate that would befall the world’s first global Fourth Estate. “ - Nozomi Hayase Another excellent write up from Nozomi Hayase & Bitcoin Magazine, on the plight of Wikileaks founder Julian Assange & the injustice of his e...

" the adoption of a superior form of money has tremendous multiplicative benefits to wealth creation for all members of a society ." - Vijay Boyapati Rebooting one of the most essential Bitcoin works out there. If you are either new to Bitcoin, or if you have simply not listened or read this one in some time, there is no better time than now to listen to Vijay Boyapati’s excellent work, “The Bulli...

"We have JCR Licklider to thank for the first articulation of the Internet, which he dubbed the “ Intergalactic Computer Network ” in 1962" - Roy Sheinfeld If we look at the history of the most influential network in the world, the mother of them all, the internet; what might it be able to tell us about Bitcoin and Lightning? What might it be able to inform us about where we are going in the futur...

"While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of the protocol’s control and could grow into a systemic risk for Bitcoin." - Hasu A very interesting thought experiment from returning author Hasu , on the potential risks of a Bitcoin future withou...

"ION will decentralize the way that messages and application data is encrypted and exchanged." - ION Announcement With the help of Casa and a number of other partners, Microsoft finally releases the beta of their new decentralized ID system, anchored to the Bitcoin mainnet. A potential solution to security and privacy in our increasingly digital future. By Peter Chawaga , and published at the amaz...

“What doesn’t kill the legacy monetary system only makes it weaker. What doesn’t kill bitcoin only makes it stronger. “ - Parker Lewis If you were hoping for another installment of the incredible Gradually, then Suddenly Series by Parker Lewis, then the wait is over. From the Unchained Capital Blog, today’s read is the 15th installment, “Bitcoin is Antifragile.” Link to the original and the Unchai...

“At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and surveillance on the rise in many countries,” - Alex Gladstein Another great piece by Aaron Van Wirdum made available at BitcoinMagazine.com, today it was announced that the Human Rights Foundation, a great force for liberty and privacy across the globe, has turned its...

A follow-up to yesterday's incredible read from The Nakamoto Institute by Ian Grigg, The 7 Layers of Financial Cryptography. Today we dig into what the reality of financial cryptographic systems as they have been developed & secured through Bitcoin. What philosophy and mentality informed it all, and where did it differ from Ian's vision, and where was he able to see what would come about? Mentione...

"Financial Cryptography is substantially complex, requiring skills drawn from diverse and incompatible, or at least, unfriendly, disciplines. Caught between Central Banking and Cryptography, or between accountants and programmers, there is a grave danger that efforts to construct Financial Cryptography systems will simplify or omit critical disciplines." - Ian Grigg Another blast from the past of...

Joined the guys over at POV Crpyto to talk about the nature of stability and prices. Does price stability even exist, is it something to strive for, or is it the antithesis to a stable economy? Had an awesome convo with CK & David, I think you guys will enjoy it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Users can now create a transaction without a signature in the Bitcoin Core GUI using the partially signed bitcoin transaction (PSBT) format" - Aaron Van Wirdum A great piece by Aaron & the Bitcoin Magazine team, detailing the new release of the Bitcoin reference client that explains multiple great improvements, simplifications, cleanup of the codebase, & hardening of client security. Removing the...

"As it turns out, we had money, we just weren't allowed to take it out of the country. When we left the Soviet Union we were allowed to exchange our rubles for dollars at the official rate (not the real rate)… so they gave us $100 worth and sent us on our way." - Yan Pritzker Bitcoin isn't simply an application that can be used for finance. Less a technological breakthrough & more a monetary revol...