Bitcoin Audible

"Investing in bitcoin, we believe, is like having the ability to buy shares of a general “Internet ETF” back in the early 1990s, or like being able to buy undeveloped land on Manhattan Island at the start of the Industrial Revolution—it’s the opportunity of a lifetime." — Adamant Research Today we finish yesterday's incredible report on how to think about the market opportunities, risk, and incredible potential rewards as we move forward and how best to secure and protect an investment in the ecosystem. All this and tons more in a lengthy Guy's Take to follow, lol. Don't miss it. Check out the original report for more details, quotes, and further analysis from its author's at the link below: https://unchained.com/how-to-position-bitcoin-boom Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- "A complex system that works is invariably found to have evolved from a simple system that worked. The inverse proposition also appears to be true: A complex system designed from scratch never works and cannot be made to work. You have to start over, beginning with a working simple system." — John Gall, Systemantics --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"bitcoin is a protocol stack which we can expect to be expanding for many decades, and its foundation is that lean, simple database defended by the world’s strongest firewall; the bitcoin blockchain. In sum, we recommend to not worry about “diversification” in cryptocurrencies and to focus exclusively on bitcoin. It’s the right tool for the job, so pick it up and add it to your toolbox." — Adamant Research Today we dive into the amazing report from Adamant Research who have marked the key zones in the bear market of Bitcoin for the better part of a decade. Every time they have grounded, thorough analysis of the state of the market, the on-chain data that supports the longer term position in the cycle, and where the most compelling market position Bitcoin is likely to take moving forward. Check out the original report with tons of graphics and extra details to explore, plus the amazing library of posts and data available from Adamant and Unchained: https://unchained.com/how-to-position-bitcoin-boom Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- “I learned very early the difference between knowing the name of something and knowing something.” – Richard P. Feynman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"...At some point the entire financial system becomes a wholly owned subsidiary of the Federal Reserve" — Peter St. Onge Today we dive into the fiat and banking crisis with Austrian economist Peter St. Onge in exploring the insolvencies of our banking and political institutions, how we got here, and where things are likely heading. What courses of action are available for the US government and the Fed and what can we take away from the historical examples of countries taking this same path to apply to our own? @ProfStOnge brings valuable perspective and insight to making sense of the fall of the US monetary system. Follow him on Twitter for tons of great writing and regular breakdowns of the financial and monetary policy decisions: https://twitter.com/profstonge Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- "I can't change the wind. But I can change the direction of my sail so that I always reach my destination." — Jimmy Dean --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Expect BlackRock to turn around and shill this to banks, and in particular big banks, such that JPMorgan, for example, can itself turn around and offer “Bitcoin” to its own clients. Of course, it will be an IOU to the BlackRock Stack O’Sats™ that you can transfer to your friend’s Bank Of America Bitcoin IOU account at your leisure. In other words, in short order, the entirety of the Blue Banks’ asset base becomes a funnel into the matrix of the pseudo-Bitcoin narrative attack vector... on the back of all the previous points, expect BlackRock and Coinbase to dominate flows and hence effectively control pricing." — Allen Farrington Today we dive into the BlackRock "ETF", what it actually is, what it isn't, and what it means for Bitcoin. It isn't all NgU and sunshine and rainbows. Check out the article and Allen's other writing at the link: https://allenfarrington.medium.com/trust-me-bro-fb5a25964634 Allen's Nostr Pubkey: npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for signing up and simply trying -- no subscription, no obligation -- just trying the Fold debit card. Check it out at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ • ⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- “Once wide coercive powers are given to government agencies…such powers cannot be effectively controlled.” — F.A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg Foss is understandably very passionate about it. So passionate in fact, that he dropped 11 f-bombs in 31 seconds. Why is such a stalwart bitcoin proponent so concerned? Because two guys in cheap wizard costumes did a cringey Fortnite dance? Surely the stakes must be higher. According to some, there is a battle underway for the future and soul of Bitcoin." — Roy Sheinfeld Check out the original article at: https://medium.com/breez-technology/bitcoin-is-unbreakable-much-ado-about-ordinals-inscriptions-and-brc-20-32ca34f59475 Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ • Buy bitcoin at https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- "It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err." — Mahatma Gandhi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"What is Bitcoin? Many have attempted to answer this question, but I believe that our quest to do so is doomed to continue in perpetuity. The continuing development of the protocol is where the cutting edge of research into what Bitcoin is and discussion about what it should strive to be actually occurs. It can be tricky for newcomers to wrap their head around what sort of proposals are more likely to be accepted for Bitcoin because there are plenty of unwritten rules regarding protocol changes. Some of these rules are more on the philosophical side, some are more on the engineering and security side, and some are a blend of the two." — Jameson Lopp We've done numerous reads on this show trying to break down the principles and characteristics of Bitcoin, but each often brings something unique and new to the discussion. The discovery of what Bitcoin is simply doesn't have a concrete answer or final solution, its a process of observing it and the endless elements that create it. We have a great piece by Lopp today that tries to shed a little more light on that unknowable thing we call Bitcoin. Check out the original article below plus an incredible catalog of reading material about bitcoin: https://nakamoto.com/what-are-the-key-properties-of-bitcoin/ Lopp's Pubkey: npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠) ------------------------------- "Look for systems, not heroes" — Hans Rosling --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"These contributions were pivotal in the image generation space, setting Stable Diffusion on a different path from Dall-E. Having an open model led to ⁠product integrations⁠, ⁠marketplaces⁠, ⁠user interfaces⁠, and ⁠innovations⁠ that didn’t happen for Dall-E. The effect was palpable: ⁠rapid domination⁠ in terms of cultural impact vs the OpenAI solution, which became increasingly irrelevant. Whether the same thing will happen for LLMs remains to be seen, but the broad structural elements are the same." ~ Anonymous Google Employee While I wasn't sure whether I would bring the "read" format to this podcast, there was just too much great material to cover and I felt I would do a disservice if I didn't make it available for the audience who wants to dive into this stuff with me fully, rather than be satisfied with a summary. So I felt the best option for a flagship read, was the article that finally tipped me over the edge to start Ai Unchained. A leaked document from a Google employee seeing the trends and compounding effects of the open source Ai movement, titled "We Have No Moat, and Neither Does OpenAI." Get ready for a great read, and the shows first Guy's Take... To dive deeper into the links provided in the read Google "We Have No Moat, And Neither Does (Link: http://tinyurl.com/2t28ye9k) Links for Ai tools and other content mentioned in the show Chris Lattner on Lex (Link: http://tinyurl.com/5xw4txun) Modular announces Mojo (Link: https://www.modular.com/) RunwayML - Text2video (Link: https://runwayml.com/) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from

"Zapvertising has two forms, and I believe there is a crucial difference between the two. In one version, a company or creator zaps a ton of notes on the Nostr feed. Blockstream has done this for a couple of days at a time, to great success. It is very unobtrusive. Just a gentle reminder that they are there, and it is a way to earn good will that may lead to follows and possibly conversion to sales. This method has already proven itself to be fairly successful, as I think the amount of goodwill towards Blockstream shown in the timeline has shown. There is very little downside to this method..." — The Same Cat Today we talk about another new entrant into the ideas of monetizing the decentralized web, with Zapvertising. I have limited first hand experience with this but the article caught my eye and I had to explore. Seeing as this is a fresh concept I'm really interested to hear anyone's feedback on my take at the end, and the stance of this article. There's much to explore, so let's get into with an article at telegra.ph, by first time author, "the same cat." Check out the original article at: https://telegra.ph/The-State-of-Zapvertising-06-10 TheSameCat Pubkey: npub1wtuh24gpuxjyvnmjwlvxzg8k0elhasagfmmgz0x8vp4ltcy8ples54e7js Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠) ------------------------------- “Great minds discuss ideas. Average minds discuss events. Small minds discuss people.” ― Henry Thomas Buckle --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

With the banking crisis just getting started, with the SEC going after Binance and Coinbase, with rumors of Prime Trust declaring bankruptcy, it is no better time than now to take advantage of the most elegant aspect of Bitcoin, that it is a bearer asset that you can own without the permission or liability of anyone else. There is no better time than now, to withdraw. Today's episode will dig into the recent excellent work from Brad Mills, as well as explore the fundamental reasons for our systemic contagion, as well as what we can do to protect ourselves and our families from going down with the ship. Some of the links and works mentioned in the show that I highly encourage you check out: The Yield From Money Held - https://open.spotify.com/episode/67dqOHWLX9NRmAs4S0G9XQ?si=03c23b0343a44f2f The Depression You've Never Heard of - https://open.spotify.com/episode/1IzDtYJdMGZ1R8JO9Rx0EE?si=785f02c791e748e9 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠) ------------------------------- "Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains." — Steve Jobs --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Nostr isn't just a social network, in a similar way that Bitcoin isn't just a transaction network. Both of these things are true, but they each miss the more significant elements of what they accomplish." — Guy Swann Yesterday I was consumed with a mental thread that I couldn't get out of my head, and so decided to set everything else aside and get this idea out. Today we read my short article posted on blogstack.io, and follow it with a Guy's Take on the possible nuance, where I might be wrong, and where I think there is simple reason to believe that "fixing" the internet is not only possible, but potentially on a near horizon. What if we have everything we need to create the greatest shift in the architecture of the internet that it has seen in it's short lifetime? Allow me to lay out the reasons why I think this, why I have hope that the dream of the cypherpunks is achievable, and why all the tools to accomplish it... may be sitting right in front of us. Don't miss this one, "The Fruit of the Nostr Tree ." Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠) ------------------------------- “Because while the truncheon may be used in lieu of conversation, words will always retain their power. Words offer the means to meaning, and for those who will listen, the enunciation of truth. And the truth is, there is something terribly wrong with this country, isn't there? Cruelty and injustice, intolerance and oppression. And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission. How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror. I know why you did it. I know you were afraid. Who wouldn't be? War, terror, disease. There were a myriad of problems which conspired to corrupt your reason and rob you of your common sense.” ― Alan Moore, V for Vendetta --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Much like how two nuclear bombs ended World War II, capital-crushing central bank policy rate hikes and Russian sanctions were like two nuclear bombs dropped on the economy and the banking system. The shock wave took one year to make its way around the world, and now we're dealing with the fallout.European banks like Deutsche Bank and Credit Suisse were very intertwined with Russia, and tried to resist cutting ties with Russian business lines as this would inevitably lead to their failures, which would spread as contagion to the rest of the global banking system." — ⁠Brad Mills⁠ Part 2 today of Brad Mills's excellent breakdown of the state of the banking crisis, the potential risk to the everyday depositor, and the likely paths forward. Will more banks collapse, and will this lead us into hyperinflation, broad default, or will we manage another kicking of the can? How do we, as depositors to these crumbling institutions, protect ourselves from the growing storm? Find out in today's episode... For the tons of extra data and sources to give the visual comparisons and tell the "story" of all this as it plays out, I highly encourage you to visit the link below to get a sense of what has been happening. Part 2 is coming soon, stay tuned: ⁠https://bitcoinmagazine.com/markets/the-banking-crisis-threatens-your-money⁠ Brad Mills on Nostr: npub1zjx3xe49u3njkyep4hcqxgth37r2ydc6f0d7nyfn72xlpv7n97ss73pvrl Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠) ------------------------------- “What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.”― Michael Lewis, The Big Short ---...

"Price inflation is the highest it’s been in decades. Labor participation is the lowest it’s been in decades. Wealth inequality is continually going in the wrong direction since 1971 and has accelerated during the QE period. The bond markets are more volatile now than they have been in decades, and 2022 was the worst year for stocks and bonds since 1920. The ballooning of the money supply and growth of the debt-based monetary system is not a left versus right phenomenon — at least in America — both sides have presided over the destruction of the dollar’s purchasing power and the weakening of the banking system." — Brad Mills If the entire banking system is insolvent, if the fictional reserve banking means none of our deposits really exist, and we are in the midst of a potentially global banking crisis still unfolding, what does it mean for the money we have in the bank? What does it mean for our access, and for its purchasing power? And of course, what role does Bitcoin play in all of this? Don't miss this incredible breakdown of what is happening to our deposits by Brad Mills. Starting with Part 1... For the tons of extra data and sources to give the visual comparisons and tell the "story" of all this as it plays out, I highly encourage you to visit the link below to get a sense of what has been happening. Part 2 is coming soon, stay tuned: https://bitcoinmagazine.com/markets/the-banking-crisis-threatens-your-money Brad Mills on Nostr: npub1zjx3xe49u3njkyep4hcqxgth37r2ydc6f0d7nyfn72xlpv7n97ss73pvrl Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠) ------------------------------- "When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind." — C.S. Lewis --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The idea of a language user interface as the next step from the thumb tapping we’ve become used to over the past decade is fascinating, and what we should be thinking about is how to make these tools new “bicycles for the mind,” as Steve Jobs said about computers. It’s very important we push back against doomer narratives that lean the world toward “approved Ai” in order to avoid such tools becoming yet another appendage of the state." — Aleks Svetski What are the true power and limitations of AI in a world where it can amplify madness or be a tool for liberation? Will we have to choose between passively accepting woke madness or actively escaping to awakened sanity? Today we read a great piece by Aleks Svetski on what happens when Bitcoin meets AI... Find the original and tons of other great work at his substack, Authentic Intelligence Don't forget to check out the second episode of Ai Unchained for a deeper discussion on these ideas with tons more to come, and to understand the promise of self-hosted, sovereign Ai tools: https://open.spotify.com/episode/479OhNJQHCUytf1WsdEKE0?si=a9ad55d0169946c2 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠) ------------------------------- "True ignorance is not the absence of knowledge, it’s the refusal to acquire it.” — Jeff Booth --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

With the Introduction of Ark, the new 2nd layer payments and privacy protocol introduced with Read_734. I left with a lot of excitement, but I still had a ton of questions, so it felt like time for a chat with Burak, the creator of Ark. We dive into the bigger picture, how this is similar to lightning, how it is different, and then in an attempt to piece together the working parts we go through a bunch of edge cases and detail exactly how the ASP, past owners of Ark balances, and current owners of Ark balances all respond to secure the ownership of their coins. Don't miss this one. This is Bitcoin Audible Chat #80 - Building the Ark with Burak. Don't forget to check out arkpill.me for more details. Here are a few of the links that Burak sent my way for more exploration. Let me know if you want me to cover one on the show! Shoot me a message on Fountain https://github.com/fiksn/awesome-ark https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-May/021720.html Burak's Nostr Pubkey: npub18aq8s3z9xl87e74twfk93mljxq6alv4a79yheadx33t9np4g2wkqrtmask Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠(⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠https://bitcoinaudible.com/fold⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠https://swanbitcoin.com/guy⁠⁠) ------------------------------- “If you tell the truth, you don't have to remember anything.” ― Mark Twain --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This is the first time we've interacted with anything other than a parrot that can string together a coherent sentence. And it sounds stupid, but it's actually true. So we are anthropomorphizing, we are projecting our own consciousness onto this thing, and we are immediately imagining Terminator, Minority Report, God knows what else we are imagining - the Ray Kurzweil's of the world - we're imagining that all of a sudden, that's it, we unlocked it, basically we have discovered God. We did it. To me that's such a mix of naivety, ignorance, and arrogance that it's not even funny." ~ Aleks Svetski We have an awesome conversation kicking off episode 2 of AI Unchained today with Aleks Svetski, who is currently building a not-yet-public project in the AI world. He brings a very unique perspective that tries to bring back a bit of perspective to the imaginations gone wild on the world ending possibilities of AI. What is the truth of it? And can we instill "truth" in these machines? Can we make them "objective and unbiased?" Or is there something both inherently foolish and presuming in even the attempt of such a thing, that we can prevent making the same mistakes of the past. Don't miss this crazy conversation. Guest Links Aleks Svetski on Linktree (Link: https://linktr.ee/svetski) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Educat...

This episode will be part review, and part just going over some very practical, step by step ways to think about managing your keys with a hardware wallet. What you always need to do, how to not over complicate things, who you are protecting your keys from, and more. This episode will be good for those who had been considering taking the dive into their first hardware wallet, and still feel a little uncomfortable about exactly what to do to make sure their keys are there when needed. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠(⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠https://bitcoinaudible.com/fold⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠https://swanbitcoin.com/guy⁠) ------------------------------- "Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius, and a lot of courage to move in the opposite direction." — E.F. Schumacher --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Ark is a trustless, distinct layer two protocol with unilateral exit. ASPs cannot steal users’ funds or link senders & receivers. Users retain self-custody and can revert their funds to the base layer if something goes wrong on the second layer." — Burak Today we dive into possibly the most exciting announcement to come out of Bitcoin2023, a genuinely unique layer 2 protocol, for non-custodial, fully anonymous, fast, cheap, off-chain payments. Introducing Ark. We are diving right in and I promise you don't want to miss this one. Let's Go! Check out the original article at: Introducing Ark. I’m excited to publicly introduce Ark… | by Burak Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev If you'd like to take your own deep dive, then you may start at https://www.arkpill.me/ Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "To teach that a comparatively few men are responsible for the greatest forward steps of mankind is the worst sort of nonsense." — Henry Ford --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"an unbounded number of assets can be minted and/or moved in a single on-chain transaction. This off-chain first design enables asset minters and transactors to enjoy the permissionless nature of the bitcoin blockchain and scale their businesses without running into bitcoin’s scaling constraints. Users will soon be able to integrate their assets into the Lightning Network for instant, high volume, low-fee transactions. This leverages existing network effects and the install base of wallets, exchanges, and merchants, instead of needing to bootstrap a new ecosystem from scratch." — Ryan Gentry With the issuance of assets on the Bitcoin network seeing a sudden surge, Taproot Assets drops there initial release at a very opportune time. Taproot Assets is a game-changing solution for scalable and efficient asset issuance and transfer on top of the bitcoin ecosystem. Seamlessly integrate with the Lightning Network for instant, low-fee transactions and enjoy developer-friendly tools designed for global accessibility. Don't miss this excellent episode. Check out the original article plus the other great things built by Lightning Labs at the link below: Mint the Future with Taproot Assets v0.2 - https://lightning.engineering/posts/2023-05-16-taproot-assets-v0.2/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "One must acknowledge with cryptography no amount of violence will ever solve a math problem." — Jacob Appelbaum --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Welcome to the first episode of AI Unchained, a new show exploring how AI technology can be a means of empowering the individual, rather than a system of control, and all the tools and perspectives that enlighten that journey. Our first guest is none other than Jeff Booth, the author of "The Price of Tomorrow" on the incredible deflationary force of technology and why our only choice is to embrace it, not fight it. If you are trying to make sense out of the change that is being unleashed, you do not want to miss this show. Welcome to AI Unchained. Check out Jeff Booth's incredible book here: ⁠Amazon.com: The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future⁠ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your ⁠Bitcoin2023 tickets⁠! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with ⁠Swan Bitcoin⁠ • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and Fold App. 20,000 FREE SATS! at the ⁠LINK⁠ • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. ⁠Code BITCOINAUDIBLE gets 9% off the ColdCard!⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Welcome to the first episode of AI Unchained, a new show exploring how AI technology can be a means of empowering the individual, rather than a system of control, and all the tools and perspectives that enlighten that journey. Our first guest is none other than Jeff Booth, the author of "The Price of Tomorrow" on the incredible deflationary force of technology and why our only choice is to embrace it, not fight it. If you are trying to make sense out of the change that is being unleashed, you do not want to miss this show. Welcome to AI Unchained. Check out Jeff Booth's incredible book here The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future by Jeff Booth. (Link: http://tinyurl.com/hws9f3cb) Guest Links ⁠Jeff Booth on X ⁠(Link: https://x.com/JeffBooth) Jeff Booth Website (Link: https://www.jeffbooth.ca/) Jeff Booth on Nostr (Link: https://primal.net/jeffbooth) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Education & HomeSchooling Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link...

"Permission can only be denied if it is requested. Direct, peer-to-peer interaction obviates permission and equalizes market power. Don’t request permission to transact; transact. Don’t tinker with the system; supersede it." — Roy Sheinfeld Today we dive into a great piece just dropped from Roy Shienfeld with a great way to think both about Bitcoin and lightning adoption by the mainstream, and also about the path and direction forward to bring the most utility to the most people. Don't build another lightning app, build apps, and attach them to lightning. This is much easier than most realize with the Breez SDK; no licenses, no custody, no maintaining wallet infrastructure, just implement and go. We win by putting this in developers hands. Don't miss this one if you want to understand more! Check out the original, along with the graphics and links mentioned in the show at the link below: https://medium.com/breez-technology/we-need-more-apps-with-lightning-not-more-lightning-apps-b5f37f9ac8bd Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ “Economic control…is the control of the means for all our ends. And whoever has control of the means must also determine which ends are to be served.” — F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The biggest complaint members of my audience make about Nostr is the sheer dominance of Bitcoin content. This is understandable. Nostr uses a means of identification and account management very similar to Bitcoin, it has Bitcoin Lightning integration and Bitcoiners tend to be somewhat techy nerds and early adopters. Hence mostly Bitcoin type folks were the first to see Nostr’s potential and get on it. There is a finite limit to growth though with any topic on social media and instead of complaining about one topic dominance I think it is time we focus on the solution, let’s talk about other stuff." — Jack Spirko Check out the original article and helpful links for getting started on Nostr if you haven't yet. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "Try not to become a man of success. Rather become a man of value." — Albert Einstein Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand." — Matt Odell Is Bitcoin broken, are the high fees the end of Bitcoin as money? Are the fees themselves even the problem? How does this relate to not wanting people to be pooping in the park? Today we dive into a short, but solid post by Matt Odell to make sense of what is going on with fees, and then a Guy's Take to clear up some previous discussions, and make sure we understand the difference between the censorship and engineering concerns around the Bitcoin system and its secure operation. Let's dive in... Check out the original at: https://www.discreetlog.com/high-fees/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "People need to agree enough to be able to trade but also disagree enough to be willing to trade." — Allen Farrington & Sacha Meyers, Bitcoin is Venice Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This very dominance is causing certain countries to seek a way to be less dependent on the USD and the UST. To extract themselves from the whims and needs of a central bank that lives a world away from their own economy. Yet still finds a way to dominate it." — James Lavish Today we take a ride through a twitter thread by James Lavish, exploring the major developments in the splintering of the world monetary and banking system. While the dollar remains dominant through sheer inertia, the trend is not looking good. How might this unfold and where may Bitcoin fit in to this new monetary landscape? Lavish takes us through a big picture view of the state of the world reserve. Another recent read from James Lavish's Newsletter, The Informationist: The Trillion Dollar Coin, Genius or Joke [James Lavish]: https://fountain.fm/episode/13254151081 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "Everyone thinks of changing the world, but no one thinks of changing himself." — Leo Tolstoy Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The question of who controls the ability to merge code changes into Bitcoin Core’s GitHub repository tends to come up on a recurring basis. This has been cited as a “central point of control” of the Bitcoin protocol by various parties over the years, but I argue that the question itself is a red herring that stems from an authoritarian perspective — this model does not apply to Bitcoin. It’s certainly not obvious to a layman as to why that is the case, thus the goal of this article is to explain how Bitcoin Core operates and, at a higher level, how the Bitcoin protocol itself evolves." — Jameson Lopp Today we dive into another piece by Jameson Lopp, this time to answer some of the old, never seems to die FUD about Bitcoin. Does Bitcoin Core control Bitcoin? And who controls Bitcoin Core? Today we dive into the issue of decentralization, what it means, and how Bitcoin Core works. Don't miss it! Who Controls Bitcoin Core? https://blog.lopp.net/who-controls-bitcoin-core/ Don't forget to check out the Bitcoin Canon for a simply incredible resource: https://www.swanbitcoin.com/canon/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "A complex system that works is invariably found to have evolved from a simple system that worked. The inverse proposition also appears to be true: A complex system designed from scratch never works and cannot be made to work. You have to start over, beginning with a working simple system." – John Gall, Systemantics Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Bitcoin is a public good. The maintenance and stewardship of the network rests on the conviction and work of 10s or 100s of thousands of node operators who work to validate and ensure consistency among the rules and the truth of the data propagated throughout. NFTs and BRC tokens have come to the Bitcoin timechain, stamping large amounts of data to the chain, and causing bloat in the UTXO set, as well as validation and bandwidth costs. Is the sky falling? Is this totally unimportant? Or is there a meaningful conversation to have about the incentives that led us here, and what, if anything could be done about it? Today's show is an introduction to the problem, a brief assessment of what responses could be made, and an argument on why to be good stewards of our public good, we shouldn't poop in the park. This is Guy's Take #66. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open to the wealthy" — F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The fall of First Republic Bank was the second-largest bank failure by assets in US history, putting us in the 2008 conversation. Times are different, but the bank failures are relatable in size. The total assets of three 2023 failures have already eclipsed the total assets of all the banks that failed during the Great Financial Crisis" — Nik Bhatia, Joe Consorti Today we dive into a short breakdown of the breakdown of the banking system with The Bitcoin Layer. The banking crisis is here to stay, the Treasury is even more broke than they guessed, interest rates are still going up, inflation isn't stopping, and what does this all mean for our money, and our Bitcoin? Find out in today's episode. Check out the original, plus tons of other great updates in The Bitcoin Layer, and the eye opening visuals that come with this article at the link: https://thebitcoinlayer.substack.com/p/banking-crisis-is-not-going-anywhere Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"If Tor is an anonymous remailer, meaning a protocol facilitating the anonymous forwarding and receiving of messages between peers, Nostr can function as an anonymous bulletin board. CoinJoin coordinators can publish their services via a Nostr event type, and CoinJoin wallets can be enabled to automatically pull from those relays to display within their clients." — L0LA L33TZ Today we dive into a really cool topic on how major privacy concerns can be thought of in relation to our interactions with a combination of information protocols and networks that we interact with, and why Nostr can bring significant privacy improvements to Bitcoin, despite it not being a privacy protocol. L0LA L33TZ brings us an article at Bitcoin Magazine that breaks it all down, which we dive into the impact of in the Guy's Take to follow. If you care about privacy in a Bitcoin future, don't miss this episode! Check out the original article at: https://bitcoinmagazine.com/technical/how-nostr-can-improve-bitcoin-privacy Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------ "The universe, our physical universe, has that property that makes it possible for an individual or a group of individuals to reliably, automatically, even without knowing, encipher something, so that all the resources and all the political will of the strongest superpower on earth may not decipher it. And the paths of encipherment between people can mesh together to create regions free from the coercive force of the outer state. Free from mass interception. Free from state control." — Julian Assange Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Banks are highly regulated public-private partnerships in an environment where new charters are excruciatingly hard to obtain, and as such remain de facto arms of the state. It has been and remains trivial to deputize them to carry out political objectives. If there was any doubt, it’s now evident that the Obama administration and its successor in Biden’s regime are comfortable circumventing the First Amendment by engaging nominally private companies to do their dirty work." — Nic Carter Today we take a look at the extra-judicial attack happening to the Bitcoin and Crypto space, an attempt to use the controlling, centralized financial system to remove the rights of the politically unfavorable. Operation Choke Point is back in full swing, and now has its crosshairs on crypto. What does this mean, where might things be heading, and what can we do about it? All this and more in today's episode, with a lengthy "Guy's Rant" to follow," enjoy! XD Check out the original article at PirateWires.com: https://www.piratewires.com/p/crypto-choke-point#footnote-anchor-1-101709817 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "We are fast approaching the stage…where the government is free to do anything it pleases, while the citizens may act only by permission." — Ayn Rand Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The title of this book may evoke the kind of question that i hear once in a while: "Why do you use the word 'selfishness' to denote virtuous qualities of character, when that word antagonizes so many people to whom it does not mean the things you mean?" To those who ask it, my answer is: "For the reason that makes you afraid of it." But there are others, who would not ask that question, sensing the moral cowardice it implies, yet who are unable to formulate my actual reason or to identify the profound moral issue involved. It is to them that I will give a more explicit answer. It is not a mere semantic issue nor a matter of arbitrary choice. The meaning ascribed in the popular usage to the word "selfishness" is not merely wrong: it represents a devastating intellectual "package-deal," which is responsible, more than any other single factor, for the arrested moral development of mankind." — Ayn Rand Today we dive into a series of writings by Ayn Rand in her book, "The Virtue of Selfishness." Beginning with a philosophical exploration of ethics and moral values, by deriving them from the individual. By taking that which we can know and understand about existence within ourselves and our own goals and lives, and then from that deduce a moral ethic that can keep society alive and prospering. In the similar way that self ownership is determined, and slavery is denounced, that Austrian economic theory is architected, and the foolish contradictions of Keynesianism are revealed, Ayn Rand takes us from the individual, to a moral ethic that celebrates life and cooperation. If you haven't explored, this will be a great series. This series and episode are brought to you by Coinkite, the makers of the Coldcard hardware wallet and so many other amazing bitcoin hardware security devices that have been long trusted by Bitcoiners everywhere. Check them out at the link below, and don't forget code BITCOINAUDIBLE gets you 9% OFF the coldcard! If you haven't yet, definitely check out Atlas Shrugged Read_416 - The Root of Money -------------------------- "The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities." — Ayn Rand Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Central Banking is successful alchemy in this sense. The money- issuing institutions of the world have found a way to create new money with no cost. No mining is required. They are the alchemists of our era. The Central Banks’ promise of stable prices is as absurd as the alchemists’ promise of cheap gold. The whole point of a value- measurement tool, or a type of money, is in its costliness. It has to somehow connect to reality because of the subjective nature of value. Money created without cost is like fools’ gold.2 It enriches the issuer and his friends while everyone else pays for the whole ordeal. This is also known as the Cantillon Effect." - Knut Svnaholm The Konsensus Network - https://bitcoinbook.shop/ Ioni's Videos - Youtube Channel Knut's other amazing books - Amazon Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ “Individual liberty… demonstrates that some manners of living are more successful than others.” — F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"I believe that in the open /attention/ information economy we find ourselves in, value will mostly derive from effective curation, dissemination, and transmission of information, not the exclusive ownership of it." — Dergigi Today we dive into another great piece from Gigi exploring more possibilities and incredible shifts in the dynamics of information, censorship, and control with the addition of Nostr and open social protocols in tandem with Bitcoin and Lightning. Piece by piece, the revolution is being built. Check out the original article at: Purple Text, Orange Highlights - How Nostr can benefit readers and writers. | dergigi.com: https://dergigi.com/2023/04/04/purple-text-orange-highlights/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ “Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences…Liberty and responsibility are inseparable.” — F. A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Can you imagine a world in which you are restricted from buying meat for a while because you have already used your “carbon credits” for the month? Your “financial privileges” could potentially be restricted at any time at the whim of a government bureaucrat, and if you are a big enough troublemaker you could be “de-platformed” from the system permanently." - Tyler Durden Check out the original article at: IMF Unveils New Global Currency Known As The "Universal Monetary Unit" To "Transform" World Economy | ZeroHedge: https://www.zerohedge.com/geopolitical/imf-unveils-new-global-currency-known-universal-monetary-unit-transform-world-economy Universal Monetary Unit - Whitepaper: https://umu.cash/documents/umu_whitepaper What Guy's Reading: The Autism Vaccine Strong Towns Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "Fear tends to come from ignorance. Once I knew what the problem was, it was just a problem, nothing to fear." — Patrick Rothfuss Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn't "on chain," and what are the best tools to start exploring? All this and much more in today's show. Here are the many links for further exploration and learning to dive into: Wallets and Apps to check out: Phoenix Wallet: https://phoenix.acinq.co/ Breez | The Interface of the Lightning Economy: https://breez.technology/ Fountain | The podcast app that pays: https://www.fountain.fm/ Alby: Your Bitcoin & Nostr companion for the web: https://getalby.com/ Stacker news: https://stacker.news/ Zeus: Bitcoin payments your way: https://zeusln.app/ Episodes to listen to: Chat_74 - Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089 Read_699 - What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375 Read_701 - Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878 Fiat to Lightning Services: Strike: https://strike.me/ River Financial: https://river.com/app Cash App: https://cash.app/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "Nobody ever figures out what life is all about, and it doesn't matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough." — Richard P. Feynman Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This was how more mainstream Bitcoin culture degraded from intellectual expressions of ideas (2017-era debates) to tribal recreations of the past. The old enemies were replaced with new enemies who were more convenient for the times, but we retained the "Bitcoiners against the world" ethos of the scaling era, which led to many newbies being overly defensive of their beliefs. It’s worth noting that this is a recurring cycle (and of course, a general trope of “the good ol’ days”) because in 2017 people were saying how much better the discussions were in 2014, and in 2014, people missed the discussions of 2011. This is a naturally occurring phenomenon as communities go from niche interest to mainstream." - Jameson Lopp Today we cover an amazing breakdown of the history, evolution, and current state of Bitcoin Maximalism as seen through the perspective of Jameson Lopp, an incredible beneficiary to the bitcoin ecosystem, and long time maximalist and OG. Lopp has been an incredible resource over the years, and brings us a thorough breakdown of his views on how the Bitcoin only ethos arose, and why he thinks its found itself where it is today. This is not to be missed. The other episode mentioned numerous times in this article covering the ideas around Bitcoin Maximalism, non monetary use of the timechain, how to define bitcoin and its culture, and the viability of token networks and "crypto assets" for other utility... Guy's Take #59 - We're Not Going Anywhere Only the Strong Survive: Part 1: https://open.spotify.com/episode/6qqHSEmFr6B8kSjAWAGRpU?si=7a05972ff1984f8a Part 2: https://open.spotify.com/episode/02VuP9RlAmhivBGhiUFNQZ?si=bd2e130558664310 Part 3: https://open.spotify.com/episode/5GZmKFBcVhH500YyONWKIh?si=e10ad36fba8647f6 Chat #79 - The Spirit of Bitcoin with John Vallis Chat #77 - Stone Cold Storage in a Fiat World with NVK Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ “Waste no more time arguing about what a good man should be. Be one.” ― Marcus Aurelius Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"“In the old days they didn’t even use tables and chairs. They sat on beer crates and ate off the tops of beer barrels. You’d be surprised how much fun that was. Somehow it made old men feel young again. And they’d drink beer out of cans or growlers. Those beefsteaks were run in halls or the cellars or back rooms of big saloons. There was always sawdust on the floor. Sometimes they had one in a bowling alley. They would cover the alleys with tarpaulin and set the boxes and barrels in the aisles. The men ate with their fingers. They never served potatoes in those days. Too filling. They take up room that rightfully belongs to meat and beer." Have you ever been to a TRUE beefsteak, do you even know what one is? AwaySlice throws the most epic of beefsteaks and there is one coming very soon in Miami around the Bitcoin2023 conference. Stay tuned and if he sharees the link with me, I will have it here in the show notes, so don't forget to check back. But today we dive into the article he shares on the tradition, the origins, and the heart of where the beefsteak began. Written in 1939, it is both fascinating and hilarious merely as a representation of the times, and is equal parts mouth watering in its description of the food and festivities. If you don't walk away dreaming of steak and beer, then you weren't paying attention. Stay to the end for one of my favorite quotes that needed a fitting read, and this one felt like it. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Link to the Beefsteak Event will be here: __________ Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!" — Hunter S. Thompson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Of all the objections to Bitcoin, the objection that it “wastes” electricity is the most absurd. This thinking betrays a fundamental misunderstanding of how electricity works, how markets work, and what waste is." – Beautyon Today we take a break from all the discussion of doom and impending economic obliteration to hit a favorite topic of mine, from a simple, but important angle. This article came back across my view and I realized it was one I had never covered and thought it would make for a good short episode and rant. Enjoy! Check out the original article at: Bitcoin Doesn't Waste Electricity Bitcoin is a Pioneer Species: https://open.spotify.com/episode/0n4BDOodSPaIB5HpksnJOT?si=528e08bc58c340d0 Bitcoin Mining & The Grid: https://open.spotify.com/episode/46lS7ZWR5RKTM4MlRV7Jtu?si=8c3457e9ab9443ac Bitcoin Does Not Waste Energy: https://open.spotify.com/episode/0TlohX5A2CiBCe2eumoVBY?si=d1af7355e52c4d4e The Moral Case for Fossil Fuels: https://www.amazon.com/Moral-Case-for-Fossil-Fuels-audiobook/dp/B00TRA7ZCK/ref=sr_1_1?keywords=moral+case+fossil+fuels&sr=8-1 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “There’s no room for facts when our minds are occupied by fear.” ― Hans Rosling Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Generally, what we’re talking about here is unregulated (or lightly regulated), uninsured investors, LLCs, Funds and privately controlled “Shadow Banking” assets. In 2021, these OFI Assets scattered around the planet amounted to $152.0 Trillion (Again, not including China’s non reported OFI) or roughly 172 x JP Morgan’s relatively miniscule $884 Billion of Cash and Equivalents immediately available to liquidate/sell/wire-out without generating a FASB 115 loss. I hope this simple calculation puts the JP Morgan/Chase “fortress like” Balance Sheet in perspective. JP Morgan/Chase, America’s biggest bank, through our own, expansive, monetary policy, has become but a pimple on the global financial system’s buttocks." – DTIPO Today we dive into a really fascinating thought experiment on the Western Financial System from an adversarial position. Has the West become too arrogant to assume that no one would attack them? That because of their sheer size, they are protected? That they are "indispensable" in such a way that no wealthy nation could or would attack them, even as they use their monetary system explicitly as a weapon against competitor nations? Nations, in fact, that may have a large interest in seeing the Western system implode? What if we run the numbers and see what that risk really is... Check out the original to follow the links to verify or check out the data yourself. I'd be eager to see further discussion of this possibility and what, if anything, can truly be done to secure such a levered and bloated financial system from attack. And check out the many other things they cover below: http://www.deepthroatipo.com/how-to-wreck-a-big-old-gsib-bank/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." — Thomas Jefferson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Prices are relative, Bitcoin is infinitely scalable, stability for the sake of stability is undesirable, maximal instability in prices maximizes resilience in the markets, and so much more. Today we dive into a bit of a wandering Guy's Take to follow El Gato's piece on the idea of a free banking system and what it might look like in a future with PBDCs, instead of CBDCs. I break down where he has some wonderful ideas, but fundamentally misses the foundation necessary to get us there. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"and the uniparty is in strong agreement here. both know that losing control of the money and the banks is an existential threat to their aristocratic and unaccountable powers. sure, this all sounds like a lot of change and a lot of risk and a wildly new set of systems, but you’re not going to fix that which has become this broken without change. the mal and mis-incentives are far too great and the entrenched interests like it this way. and it’s going to break." - El Gato Today we dive into a piece that expands a thought experiment on what a free banking system might look like and what historical precedent we have for thinking about the what and why of the banking and financial system we will need to replace the one on its deathbed... especially to ensure we don't die with it. Funny enough, the article is in a sense against Bitcoin in the sense of its need for fixing the baking system, but we will discuss in a follow up Guy's Take exactly why his idea has a lot of value, but why it will never work, without Bitcoin. Stay tuned. Check out the original article and tons of other great reading on the substack below: https://boriquagato.substack.com/p/how-to-fix-banking-and-money-pbdc Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Thus was the dubious “clear and present danger” standard born. Holmes himself sought to redefine the standard later that same year when he dissented in Abrams v. United States (1919). The Justice felt that the court was not applying his own standard appropriately and openly questioned the government’s ability to limit free speech. But by then, the slippery standard was off and racing. It would fly for another half century..." – Joel Bowman Ever wondered where the oft used, infuriating excuse for outright censorship, "well you can't yell fire in a crowded theater," came from? Where its origins lie? Would it surprise you that it had nothing to do with a theater, it had nothing to do with people being harmed over a lie, but ironically, it was used to censor speech criticizing the government and attempting to *protect* people from clear and deliberate harm? Me neither, but it's a very interesting historical episode either way. Listen to find out more. Check out the original article and their substack at the link below: https://bonnerprivateresearch.substack.com/p/fire-fire-fire Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “Coercion is evil precisely because it…eliminates an individual as a thinking and valuing person and makes him a bare tool in the achievement of the ends of another.” – F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Bitcoin is ultimately just a piece of software, the network – the global, censorship resistant, immutable system – is ultimately just a collection of millions of people individually confirming and agreeing on what Bitcoin is. And to be truly sovereign as a bitcoiner, to confirm the truth of Bitcoin for yourself, & to participate in that global network, is to run a Bitcoin Node. This is Bitcoin Basics Episode 5: The Node. The Blocksize War: https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM Guy's Take_12 - Full Nodes or Nothing: https://open.spotify.com/episode/3qAzMtj3gErLFAqe7tlIeG?si=oS6oiD-eSfuXOkSdVf2_5Q Guy's Take_13 - Nodes vs Miners: https://open.spotify.com/episode/0GX2atSSMn3RaCMAx6rbnd?si=AGgr3ItuSImri_VDrj8djw All the BTCSessions Tutorials you need to run a node: https://www.youtube.com/results?search_query=btcsessions+node Embassy: https://start9.com/ Umbrel: https://umbrel.com/ MyNode: https://mynodebtc.com/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “A society that does not recognize that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom.” – F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The question that the fiat system answers is the following: who is allowed to counterfeit currency, and how much? Further, who is allowed to have access to money, and who isn't? The answer is political and enforced by violence. The Bitcoin system is answering the same questions, and the answers are as simple as they are ethical: nobody is allowed to counterfeit money, and anyone can access it. No exceptions." – Gigi Today we dive into an amazing piece published at Citadel21, and by the one and only Gigi, on the ethics encoded in the Fiat and Bitcoin systems, and how they make or break the human soul. The rules of the game establish how we relate to it, and how we can understand the purpose and meaning in its play. The best way to demoralize a person & make their efforts meaningless is to "change the rules, change them often, and change them arbitrarily." Check out the original article at: https://www.citadel21.com/bitcoins-meme-wars Gigi's Nostr Pubkey: npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ----------------------------- "It is good to have an end to journey toward; but it is the journey that matters, in the end." — Ursula K. Le Guin Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The financial system in the United States, and for most of the rest of the world for that matter, can basically be thought of as an Excel spreadsheet managed by the Federal Reserve. That’s all it really is. Some of the cells on the spreadsheet are assets, and some of the cells are liabilities. It’s just a ledger that they administrate, and that we all use." – Lyn Alden A subtle but important shift has occurred recently... the Fed became, for the first time in modern history, unprofitable. Lyn Alden breaks down how this has come about and what it does and does not mean. How does a central bank that can print its own money become unprofitable exactly, and what does it mean for the future of the United States federal government? Today's episode is one not to miss if you are curious... Check out the original article and the numerous charts that show the degree of the change at: https://www.lynalden.com/broke-federal-reserve/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ----------------------------- “If history shows anything, it is that there's no better way to justify relations founded on violence, to make such relations seem moral, than by reframing them in the language of debt—above all, because it immediately makes it seem that it's the victim who's doing something wrong.” ― David Graeber Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

I joined John today for an over 2 hour rip on the nature of Bitcoin, numerous technical developments, the trade offs of those in the past, the consequences of changes - even those considered well analyzed and understood, the chaos of consensus around altering consensus, the spirit of Bitcoin vs the letter of the law, and SO much more! This was such an awesome discussion on the nuance and complexity of Bitcoin that I felt I had to share it with the Audionauts. Hope you guys enjoy Don't forget to check out John Valli's show Bitcoin Rapid Fire: https://fountain.fm/show/12rF30vDlf8mQSLqPwmk Jon's Nostr npub: npub1cqm6dztalp4l6n04f9k20c333xftgangjla337736dr6faz9na0qf2hjec Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Part 1 with John Vallis from last week: https://fountain.fm/episode/14111060297 Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.” ― Aleksandr Solzhenitsyn Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

There is no magic wand. There is no such thing as a free lunch. When we bail out an institution, a bank, or "depositors" for billions of dollars, someone else LOSES billions of dollars worth of wealth. Their life got harder, their job got cut, the car they needed became less affordable, the house they hoped for their family stays out of reach, they PAID for it. Unfortunately, our government and central bank is either not mature enough to realize that magic is for children, or they are robbing from us knowingly and destroying the lives of the people on purpose, and simply don't care. Either way, there is no way back, our only option is a way out. Today we finally dive into the SVB insolvency and the wider banking crisis. An episode that turned quickly from a meticulous set of notes into an hour long rant that basically ignored all of them. Enjoy Allen Farrington's npub: npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev My Twitter Post: https://twitter.com/TheGuySwann/status/1634954336739491843?s=20 Liberty Lockdown with Greg Foss: https://open.spotify.com/episode/4Z4jfPlKburchKlNESbinJ?si=a35f5034c6144383 Brad Mills tweet thread: https://twitter.com/bradmillscan/status/1637182219943919618?s=20 Caitlyn Long WBD: https://open.spotify.com/episode/2ZA0BGuUwZFoBRhXLSJetL?si=b2bf4e2e38d749b4 Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "The most egregious falsehood regarding economic health that is nonetheless widely believed is surely that we ought to measure it by the magnitude of goods and services consumed. This is dangerous nonsense.” – Allen Farrington, Sacha Meyers Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"One aspect that is still massively under-utilized is the programmability of Bitcoin. While simple things like scheduled payments and automated payment splits do exist, we are undoubtedly still trapped in conventional thinking when it comes to the flow of sats. I’d like to share a simple idea that was shared with me a couple of months ago in the hopes that it will spread far and wide and, in the best case, that someone will just go ahead and implement it. (Or a better version of it.) Here is the idea..." – DerGigi Check out the article at the link: https://dergigi.com/2023/03/12/lightning-prisms/ And send any tips to [email protected] if you want to split between Gigi and Mr. Kukks. Mr. Kukk's Nostr Pubkey: npub1y24gz5gwucl79vtv4ctwpysl0r5m4xyzu2rgulnr44ks3t5mt92q4nz2ad DerGigi's Nostr Pubkey: npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "Creativity is intelligence having fun" – Albert Einstein Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"One immediate lesson many drew from this event was a reconsideration of the risk of fiat liabilities in an environment where trust is lacking (including the trust not to violate territorial integrity and Westphalian sovereignty). This event reinforced the nature of fiat money as a system of centrally maintained ledger entries denominating a unit of account corresponding to a sovereign authority's sphere of power. As such, the use of such a liability as a medium of exchange (or store of value) is contingent on the political assent of that sovereign authority." – Matthew Pines Today we finish Matthew Pines excellent piece breaking down the domains of geopolitical and monetary contest across the major political forces in the world. In Part 2 we lay out the potential outcomes and shifts likely to take place, where the greatest opportunities and risk may lie for certain blocs of state actors, and how Bitcoin is likely to fit into this new, global, monetary disorder. This is a great one for a foundation on the movements of the geopolitical world. Mentioned in the guy's take was my recent show with John Vallis on the banking crisis: https://open.spotify.com/episode/2sdikMa9kJ0d8yJF4cCxA4?si=c35f279d350d4baa Matthew's Nostr Pubkey: npub128tlrdek6x2clft0zylg9gnes736ef8sumfr0750cd5uc9sgchqqkffadp Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "If you don't know, the thing to do is not to get scared, but to learn." — Ayn Rand Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The 20th century was the first where technology enabled forms of violent state competition, as well as peaceful globalization, across the full scale of the Earth. Moreover, the same technology made possible the organization of massive state systems to project power and maintain integrated, centralized control over large, diverse populations and cultures." - Matthew Pines Bitcoin Audible is officially 5 years old today! And what a time to be celebrating an anniversary for the show than with a banking crisis and an incredible piece by Matthew Pines on the unraveling of the global monetary and political order and how and where Bitcoin is likely to play its most important role. Don't miss this incredible piece with part 1 today, and the conclusion in tomorrow's episode. Matthew's Nostr Pubkey: npub128tlrdek6x2clft0zylg9gnes736ef8sumfr0750cd5uc9sgchqqkffadp Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "Man has only one tool to fight error: reason." – Mises Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Lightning is the way to make bitcoin the universal mainstream currency it was designed to be. This is how we’re going to bring open financial services to everyone. And we’re scaling Lightning by inviting people to participate and share in the gains." – Roy Sheinfeld As a loose follow up to a recent article on bringing lightning to every user in any app, Roy, from the Breez team, brings us another article laying out their plans to take the LSP model to anyone, by providing an automatic LSP software system so anyone with liquidity can become a part of the Lightning ecosystem with as little barrier as possible. Not merely as users and app developers, but now as Lightning liquidity providers as well. This is true decentralized finance in a global, permission-less economy. You don't want to miss this. • Listen to the previous episode mentioned here: https://open.spotify.com/episode/1J81aL1LU3Sy9ZgCShzr9L?si=8f605074cbcf43c2 • Also mentioned "The Banks are So F*ckd: https://open.spotify.com/episode/7nq8jRwd6SyMZPqq3tNZxz?si=f5d7ecd2bd2e4585 • Check out the original article plus a ton of other developments and fascinating ideas shared by Roy and the Breez team at the link below: https://medium.com/breez-technology/the-breez-open-lsp-model-scaling-lightning-by-sharing-roi-with-3rd-party-lsps-e2ef6e31562e Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Check out details on the Swan IRA! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) ------------------------------- "the single most powerful pattern I have noticed is that successful people find value in unexpected places, and they do this by thinking about business from first principles instead of formulas." — Peter Thiel Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message