Bitcoin Audible

Today we finish the amazing journey through Jameson Lopp 's thorough compilation of Craig Wright's extensive efforts and complications in trying to convince the world he is Satoshi Nakamoto, the creator of Bitcoin. A huge thank you to Lopp and Bitcoin Magazine for making this extraordinary work available. Don't miss today's conclusion of " How Many Wrongs Make a Wright? " The culprits responsible...

Did you hear about the guy who tried for years to convince the world he was Satoshi? If you ever wanted to explore the evidence against Craig Wright's dubious claims but simply didn't have the time to sit down and read it, this is the QuikRead for you. Today we begin our journey through Jameson Lopp 's thorough compilation of Faketoshi's failed efforts at convincing the world he is Satoshi Nakamot...

I got a chance to sit down with Aleks Svetski of the Amber App & blockchain bashing fame at the Bitcoin2019 conference. The Citizen Bitcoin crew joins us to hear his story of bashing ICOs at an ICO conference, and speaking about the Death of Blockchain at a blockchain conference. Don't miss this one. Aleks other great articles mentioned on the show: https://bitcointimes.news/ ("Blockchain is Dead"...

Another excellent piece by @beautyon_ and discussion on the nature of Bitcoin's uncontestable monetary standard and what it means for our future. Its not volatility or the risks of a scarce monetary supply, "The danger is being left out of Bitcoin." You have been warned. Plus I do a short follow-up and general thanks to the BTCMedia and BitcoinMagazine crew for such an awesome Bitcoin2019 conferen...

Today we have a great chat with Richard Myers all about the recently unveiled Lot49 protocol and how Global Mesh Labs intends to incentivize and help build a global, decentralized meshnet powered by Lightning! Check out the website and read the whitepaper for a deep dive into the project: https://globalmeshlabs.org/ Don’t forget to join the telegram for any questions or to join the community: http...

A message from the future… from 2013. Just one of those memes that made its place in Bitcoin's cultural history, we read the infamous Reddit post that laid out the bleak, Bitcoin-only future that lies ahead of us. Can we stop it, before its too late? Link to the OP: https://www.reddit.com/r/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ Donate below if you would like to s...

Does money need some alternative utility? Is there an example of virtual money that could be hundreds of years old? Today we read about one of the most interesting analogies to the nature and value of Bitcoin in the piece, "The Island of Stone Money" by Milton Friedman. Made available by the Hoover institute and published in 1991. Don't forget to check out the huge collection available at the Hoov...

"Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody's side. All the parties would send their input to this god. God would reliably determine the results and return the output. In addition, God, being the ultimate in confessional discretion, would ensure that no party would learn anything more about the other party's input than they c...

All the buzz is about FacebookCoin, I mean FacePalmCoin, I mean Libra today with the release of the testnet and Libra.org giving much sought after details on the new protocol and what they seek to accomplish with it. The big question, can it do any of what it says, and what other projects does it compete with really? We read numerous twitter posts, including a great thread by Caitlin Long, tweets...

This one should not be skipped! There is a fascinating precedent set by case law and the long battles over PGP and US "munitions" laws, that gives us a rather clear conclusion on how Bitcoin should be treated by the US government. The short version? Bitcoin is speech, plain and simple, and should be subject to a total of *0* federal or state laws on money transmission, KYC/AML, financial regulatio...

At the recent Raleigh Bitcoin meetup we had an awesome discussion all about privacy and bitcoin, and the intertwined destinies of both. Hanging out with some drinks and talking all about Bitcoin, what could be better? Thanks to all the crew who helped out and participated! Be sure to check out: https://cryptoconomy.life/ The BitANN.io project Paywall.link https://www.meetup.com/The-Raleigh-Bitcoin...

Today I wanted to cover an analogy I have hit in the past to explain what's happening in the boom/bust cycle. One that sheds light on the fact that the imbalance is a fundamental element of the fractional reserve system, rather than an unexplainable flaw of humanity shrugged away by "animal spirits." What do cars, tickets, and vacation plans have to do with the boom/bust cycle? Listen to find out!...

This is an episode not to be missed. With a beta project focused entirely on the user experience, the @Breez_tech wallet is making a huge leap in the UX of Lightning that I thought was still months or even a year away. Very excited to discuss it and read an excellent article about all the challenges in the Bitcoin/Lightning user experience, and how they will be overcome. By Roy Sheinfeld, co-Found...

With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let's talk Erlay, Dandelion, & BitcoinOps! Don't forget to ch...

In the epic conclusion of the 21 lessons of the Bitcoin Rabbit hole , we talk about the technology, the network, and how Bitcoin is set to change the world. "The future is here, its just not evenly distributed." Don’t miss the 3rd & final Chapter of @Dergigi ’s excellent piece! Check out the full site with tons of other work below: https://dergigi.com/bitcoin/lessons/ --- Send in a voice message:...

Continuing our expedition through the lessons of the Bitcoin Rabbit Hole, we explore the realities of economics & the truth of money that is revealed by Bitcoin’s nature. Don’t miss the next 7 lessons on the economics that bitcoin teaches in our tumble down the rabbit hole. Explore the many other links, graphics, and charts throughout this amazing section, plus the tons of other works available ov...

An epic journey with author @dergigi on the unexpected lessons he learned tumbling down the Bitcoin rabbit hole. One can always take a closer look at Bitcoin and the strange, new phenomenon that it is. Don't miss this excellent 3 part series found at dergigi.com ! Explore the other work and incredible list of further reading and discussion on each lesson in the "Further down the Rabbit Hole" secti...

“Those who argue “high fees will kill adoption” fail to understand the intensity of assurances Bitcoin offers, and the ease at which it does this. Put lightly — Bitcoin is insanely cheap compared to alternative options for obtaining high degrees of assurance. Bitcoin is a vehicle built for moon missions, but we are giving it similar treatment to a scooter.” @imacallyoujawdy Don't miss an excellent...

" 'Break stuff' in that context means 'Kill People.' The software simply must work every time , no compromise, no guesswork, no exceptions. There are no 'do overs' or roll-backs." The "To the Moon!" Bitcoin meme is far more relevant than many realize. Bitcoin is mission critical software. It requires a vastly different engineering philosophy and design. With a short, but fun piece by @Beautyon_ ,...

Curious about all the #BitcoinTwitter buzz recently? I went digging to find the associated twitter threads & comments to read, and then discuss my own take on all the drama. Too long; Didn't Listen - • Don't be a jerk. • We aren't responsible for other people's feelings. • If you have to choose between making someone uncomfortable & telling them what you believe to be true, speak the truth. • Open...

Exploring the magic of cryptography using a magic hammer, gray dust, a magic potion, & a pair of very special pajama pants. Don't miss another read from @Dergigi on the absolute magic of cryptography and how it will utterly change everything we think we know about the world. We are entering a new era of human civilization. Pay close attention, the world will never be the same again. Check out the...

In a crazy conversation from last night's meet-up, I learned of discussion of a purposeful re-org, a 51% attack, on the #BCH chain by 2 miners. After a few hours scrambling to pull details together this morning, this is what I've discovered so far. Don't miss this Guy's Take episode all about the #Bcash 51% attack! These are the links to the conversations and posts that I found relevant informatio...

Is Bitcoin's security going to be unreliable, volatile, or could it even fail entirely when we lose the block subsidy? Or is #Bitcoin set to operate smoothly with a natural transition from newly minted bitcoin, to transaction fees? Exploring the security of Bitcoin in the next economic era, with Dan Held 's amazing piece, " Bitcoin's Security is Fine ." Don't forget to check out Dan Held 's other...

The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without having to understand or be aware of every single change in supply, alternatives, and uses of those resources among the economic participants. It is specifically because we only receive the most important piece of information, its new value in...

**Is the idea of a central decision maker for the economy just a problem of gathering all the right information and having the most intelligent in control? Or is there a far more fundamental problem with the entire notion? **Continuing our #Bitcoin economics week, today we dive into a piece on a concept we haven't yet covered. What is the true nature of the knowledge involved in economic activity,...