Bitcoin Audible

Bad forgeries, fake signatures, backdated emails, more money than your country, & a lawsuit for everyone! This is the story of Faketoshi, explored through the extensive investigations of Arthur Van Pelt on the Craig Wrong debacle. He will have the biggest footnote in the Bitcoin history books under "people who pretended to be Satoshi." An achievement to be celebrated! Follow Arthur Van Pelt on twitter to stay in the Faketoshi loop & explore his many great articles and breakdowns of the entire debacle at the links below. Guest Links ⁠Arthur on X ⁠(Link: https://twitter.com/Arthur_van_Pelt) Guest Articles Craig Wright is Not Satoshi (Link: https://tinyurl.com/2s4jbda2) My Top 5 Craig Wright Forgeries (Link: https://tinyurl.com/dexfh6r6) Arthur's Blog (Link: https://tinyurl.com/37rs728b) 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...

"Bitcoin is paradoxical. It is simple yet complicated, ever-changing yet unchangeable. A novel machine without any novel parts; a technological innovation that isn't really about technology. You can't touch it, yet it is hard money. You can't see it, yet it will show you a vision of the future. You can't possess it, yet thousands of people seem to be possessed by it." - Dergigi In the spirit of getting back to some of the basics, I want to open up a series of hitting basic concepts around bitcoin and how to use and interact with its network and many moving pieces with the opening chapter of Dergigi's forthcoming book, 21 Ways. Chapter Zero: A Quick and Dirty Explanation... Link tot he read plus Gigi's other phenomenal work: https://21-ways.com/ch0-03-quick-and-dirty/ Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- “Study hard what interests you the most in the most undisciplined, irreverent and original manner possible.” – Richard Feynman Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The problem today is that we have companies who own both the protocol and discovery of content. Which ultimately puts one person in charge of what’s available and seen, or not. This is by definition a single point of failure, no matter how great the person, and over time will fracture the public conversation, and may lead to more control by governments and corporations around the world." - Jack Dorsey Jack Dorsey makes the case for a native social media protocol in this short, but important piece reflecting on the failures of Twitter, and the potential hope for fixing its problems indefinitely into the future. One of the most important issues today, sparking a long Guy's Take in this episode on what I think lies ahead of us, and what I hope I can contribute to the cause in this coming year. This is something that we can't sit on and wait to solve, let's do it now. If you want to get in touch with me about possible development or work related to these projects OR you are interested in helping to devote resources to this cause as well. Feel free to contact me and maybe we can make something happen. DM on Twitter @TheGuySwann or contact me at the bottom of the page at bitcoinaudible.com Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- “It is more important that innocence be protected than it is that guilt be punished, for guilt and crimes are so frequent in this world that they cannot all be punished. But if innocence itself is brought to the bar and condemned, perhaps to die, then the citizen will say, “whether I do good or whether I do evil is immaterial, for innocence itself is no protection,” and if such an idea as that were to take hold in the mind of the citizen that would be the end of security whatsoever.” – John Adams Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Bringing back one of my favorites today that I mention often but we haven't covered in a very long time. This is an essential piece diving into the complexities and profound depth in the market establishment of a price. And why the very notion of the price being "wrong" or fixing it, is self-evidently impossible, as the only information we have to make a comparison, is given to us by emerging prices in the market. Hayek takes us on a journey in this incredible piece that is not to be skipped. The original article can be found at FEE along with so much other amazing economic education: https://fee.org/articles/the-use-of-knowledge-in-society/ Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

How much economic ignorance can you fit into 1 minute and 54 seconds? Well apparently its quite a lot. Peter Zeihan confidently embarrassed himself on Joe Rogan's podcast recently by going on a short rip regarding Bitcoin's negative value and how a reliable, fixed money causes economic disaster but the inflated, debt drowned political currency is more valuable. And how counterfeiters have rightfully earned the wealth they steal, but savers gaining some purchasing power as the economy grows is "unviable." We dive into a short clip of Peter Zeihan and take it apart, piece by ignorant piece, in today's Guy's Take episode. Strap in. Here are the links to so many other reads for diving further into these economic ideas if you want a deeper understanding. All highly recommended: No Bitcoin Has No Intrinsic Value, and that's great!: https://open.spotify.com/episode/0EyuzhpYZRR5TimBl28Ngw?si=f5223cb0872545f9 Another Way to Think About Bitcoin's Value: https://open.spotify.com/episode/5d8O5XztARIi0eI7lYMmSN?si=8c89c2cf2c4a4f0a --- World Hyperinflations: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2130109 When Money Dies: https://www.amazon.com/When-Money-Dies-Adam-Fergusson-audiobook/dp/B004FU1028 --- Trusted third Parties are Security Holes: https://open.spotify.com/episode/21iWPjbJrRfZb3sBUb6zkD?si=c5946f4f85984745 The Dawn of Trustworthy Computing: https://open.spotify.com/episode/4AkUNUNGFeCibaPyQWtHSY?si=c351d269b0ee4cf6 The Whitepaper: https://open.spotify.com/episode/1mxIgLMRVzsuYj964ZiLa9?si=3e386d6c5ae14864 --- The Use of Knowledge in Society: https://open.spotify.com/episode/6itH5T3tXPlLfJil5jcuU4?si=82d1e0deb1da4725 The Yield From Money Held, Reconsidered: https://open.spotify.com/episode/67dqOHWLX9NRmAs4S0G9XQ?si=9f8fa16e335e4dc6 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- "The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust." – Satoshi Nakamoto 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 not a hedge against inflation; it is the permanent solution to inflation, and those are two very different things." - Parker Lewis Parker Lewis is back in action with the 18th installment of the Gradually, Then Suddenly series on its way to becoming a phenomenal book. Check out the many other articles in this series at the link below, but you don't want to miss this one. Bitcoin isn't a hedge against inflation, its the solution to it. Find the article and Parker's other works, plus subscribe for the many more to come at the link below: https://bitcoiner.ghost.io/bitcoin-is-not-a-hedge/ For the entire series in audio, search "Gradually, Then Suddenly" just down the page in the Bitcoin Audible at the link below: BitcoinAudible.com Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- "Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control necessary. For this reason all those who wish to stop the drift toward increasing government control should concentrate their effort on monetary policy." – 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

"If your money requires permission to be spent, it is not your money. If your money has counterparty risk, it is not money—but credit. If your money steals from you, it is not your money—but a control and financing mechanism of your government. If your money requires identity, it is not money but a social credit score system." - Dergigi Today we dive into a short but excellent piece by Gigi in his new collection of recent articles and works around his new book, 21 Ways. Don't miss the original 21 Lessons that you can find on Audible, and on gigi's website. And the tons of further rabbit hole journey available in the links throughout this article found at the link below: https://dergigi.com/2022/12/02/bitcoin-is-the-rediscovery-of-money/ Other episodes referenced in today's show that are definite listens if you haven't heard them yet, and also important listens if you haven't heard them recently: Guy's Take #60 - Digital Money: https://fountain.fm/episode/10745176396 Read_660 - Bitcoin is Digital Scarcity: https://fountain.fm/episode/10581911734 Read_634 - The Words we Use in Bitcoin: https://fountain.fm/episode/8877233760 Read_537 - Bitcoin is An Idea: https://fountain.fm/episode/2863665913 Read_122 - "The Yield From Money Held" Reconsidered: https://fountain.fm/episode/298987009 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- “The basic causes of change are precisely those that are not subject to conscious control.” ― James Dale Davidson, The Sovereign Individual Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"So they fire out digital chaff frantically in every direction, they play whack-a-mole with high-engagement nodes that are or could be threats. The enemy is now reactively defending themselves, not proactively steering the course. This is the Titanic and we are the iceberg." - Aristophanes We start the year off with a very interesting piece about the state of the ideological world and how the speed and connectivity of our ideas and information has massively changed the world already and fundamentally shaken the legitimacy of established authorities. What does this look like and what will come of it. Let's explore in today's episode. Check out the original article and an ocean of amazing and informative works at Bitcoin Magazine through the link below: https://bitcoinmagazine.com/print/the-chaffening Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) ---------------------------------------- Have no respect whatsoever for authority; forget who said it and instead look what he starts with, where he ends up, and ask yourself, "Is it reasonable?" – 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 is the root of our cultural concern for crypto DeFi. The cultural, and arguably even structural, commitment to financialization is extremely difficult to reconcile with this core purpose of securities. In a sense, none of this is surprising given the foundations of crypto DeFi. If you jump straight to “decentralized securities” without first nailing down decentralized money and peer-to-peer technology, the urge to financialize is obvious, because what other value or utility can you even attempt to provide?" - Allen & Anders Check out the full write up with numerous links and references for digging deeper into the ideas discussed: https://www.uncerto.com/green-eggs-and-ham Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

This is the full, unabridged reading of Alex Gladstein's work, "STRUCTURAL ADJUSTMENT: HOW THE IMF AND WORLD BANK REPRESS POOR COUNTRIES AND FUNNEL THEIR RESOURCES TO RICH ONES" published with Bitcoin Magazine. Link to the original read for the plethora of links and references to dig further into this incredible story. https://bitcoinmagazine.com/culture/imf-world-bank-repress-poor-countries Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Research from Mexico — a typical country in terms of consistent involvement historically from the Bank and Fund — shows that for every 2% decrease in GDP, the mortality rate increased by 1%. Now consider that as a result of structural adjustment, the GDP of dozens of countries in the Third World between the 1960s and 1990s suffered double-digit contractions. Despite massive population growth, many of these economies stagnated or shrank over 15-25 year periods. Meaning: the Bank and the Fund’s policies likely killed tens of millions of people." - Alex Gladstein Today we finally complete Gladstein's amazing piece on the parasitic system being perpetrated and expanded by the IMF and World Bank, and touching on the faint hope that its days may finally be numbered. We are jumping right into the middle of it, so don't forget to listen to Part 1, 2, & 3 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Part 3: https://fountain.fm/episode/12147135095 Part 4: https://fountain.fm/episode/12318519841 To explore the ColdCard hardware wallet and the many amazing additional features and uses it has I highly recommend BTCsessions youtube channel here: Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- "There can be no truly moral choice unless that choice is made in freedom.” – Murray Rothbard Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The “generosity” of the West enabled unaccountable leaders to plunge their nations into debt deeper than ever before. The system was, as Payer writes in “Lent And Lost,” a straightforward Ponzi scheme: the new loans went straight to paying for the old loans. The system needed to grow to avoid collapse." - Alex Gladstein WERE BACK! We've got a bit of a lengthy introduction today while I mostly apologize and ramble about why I missed more than a weeks worth of episodes, but we are getting back into it with a huge backlog of amazing reads I have been eager to dive into over the holidays! To start us off we are going to conclude the incredible novel, I mean article, by Alex Gladstein on the IMF and World Bank's exploitation of the third world. We are jumping right into the middle of it, so don't forget to listen to Part 1, 2, & 3 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Part 3: https://fountain.fm/episode/12147135095 To explore the ColdCard hardware wallet and the many amazing additional features and uses it has I highly recommend BTCsessions youtube channel here: Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- "I, However place economy among the first and most important of virtues, and public debt as the greatest of the dangers to be feared." – 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

"Far from playing the role of good samaritan, the Fund does not even follow the timeless human tradition, established more than 4,000 years ago by Hammurabi in ancient Babylon, of forgiving interest after natural disasters. In 1985, a devastating earthquake hit Mexico City, killing more than 5,000 people and causing $5 billion of damage. Fund staff — who claim to be saviors, helping to end poverty and save countries in crisis — arrived a few days later, demanding to be repaid." - Alex Gladstein If you aren't pissed off yet with Parts 1 & 2, this section is surely to push you over the edge. Spoiler alert, the IMF and World Bank are massive rackets that are purposefully destroying the productive independence and food security of poor nations to essentially enslave them in an obscure way, like any coward, through debt and monetary control, rather than openly through political domination. Listen to Part 3 to find out how. We are jumping right into the middle of it, so don't forget to listen to Part 1 and 2 if you haven't yet, otherwise this will be confusing, lol: Part 1: https://fountain.fm/episode/11987932208 Part 2: https://fountain.fm/episode/12038350484 Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- "A government big enough to give you everything you want, is strong enough to take everything you have" ― 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

"To give an example of what this might look like in a given year, in 2012 developing countries received $1.3 trillion, including all income, aid and investment. But that same year, more than $3.3 trillion flowed out. In other words, according to anthropologist Jason Hickel, “developing countries sent $2 trillion more to the rest of the world than they received.” When all the flows were added up from 1960 to 2017, a grim truth emerged: $62 trillion was drained out of the developing world" - Alex Gladstein Today we continue through Gladstein's incredible exploration of the monetary damage and systems of monetary colonialism established through the parasitic practices of the IMF and World Bank. I promise its worse than you think it is, and at the end of this episode we will only be about halfway through it. Hold onto your butts, this gets crazy. Listen to Part 1 if you haven't yet, as we are jumping right into the middle of this read in today's show. Also I edited and fixed the missing Guy's Take from yesterday's show, so if you haven't, it might be a good addition to go back and revisit: https://fountain.fm/episode/11987932208 Mentioned in the show for further exploring how our monetary practices strip the US of its manufacturing & productive base, here is Farrington's "Capital Strip Mine": https://fountain.fm/episode/1798299217 Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- “It's easier to fool people than to convince them that they have been fooled.” ― Mark Twain Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A 2014 analysis showed that the IMF had attached, on average, 20 conditions to each loan it gave out in the previous two years, a historic increase. Countries like Jamaica, Greece and Cyprus have borrowed in recent years with an average of 35 conditions each. It is worth noting that Bank and Fund conditions have never included protections on free speech or human rights, or restrictions on military spending or police violence." - Alex Gladstein Today we dive into the first part of another incredible exploration of the corruption and monetary manipulation engaged in by the IMF and World Bank, how they strip poor nations of their resources, and paint themselves altruistic for doing so. This is an in depth and incredible work that you will not want to miss. \ Boost Bitcoin Audible on Fountain (and stick it to those Linux weirdos) to get the best Bitcoin podcast to the top of the leaderboards Drop you comment in with your boost if you have feedback for the show or want to tell me how wrong I am. Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (https://guyswann.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. 5,000 FREE SATS at (https://guyswann.com/fold) • 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) -------------------------------------- “It is easy to be conspicuously ‘compassionate’ if others are being forced to pay the cost.” – Murray Rothbard Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

There are about a million claims out there as to what blockchains are going to fix, and how NFTs are going to be used to unlock your house, and how DAOs will be used to enforce and decide laws, but what truth is there to this really? And more importantly, does a blockchain really solve these problems? What are the inherent trust issues, and where are the vulnerabilities? Today we dive into this concept and cover many of the most touted "use cases" for blockchain and talk about what could be needed to solve them, and whether blockchain is just a square peg for a round hole. Mentioned in the episode are two highly recommended reads for further digging and to understand more precisely some of the ideas behind Guy's Take in today's show: Green Eggs and Ham: Part 1 - https://open.spotify.com/episode/2Zf1kcS8lnrgiaMBKcs2BQ?si=ed8dd3bf43dd499b Part 2 - https://open.spotify.com/episode/72tyuRteYqjFJFukixhZU1?si=499235400b854bc9 Bitcoin is the Great Definancialization: https://open.spotify.com/episode/30ZOqjCG1XL5ySSeEg1lBz?si=a03ba06d8d854fd6 Boost Bitcoin Audible on Fountain (and stick it to those Linux weirdos) to get the best Bitcoin podcast to the top of the leaderboards Drop you comment in with your boost if you have feedback for the show or want to tell me how wrong I am. Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A data-driven exploration proving that Lightning scales bitcoin payments beyond Visa and that second-layer innovation is the way." - Stanislov Kozlovski Check out the original article at: https://bitcoinmagazine.com/technical/lighting-network-makes-bitcoin-scalable Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) --------------------------------- "We are screwing up in our design of internet protocols by violating the principle of layering. Specifically we are trying to use TCP to do two things: serve as a host level end to end protocol, and to serve as an internet packaging and routing protocol. These two things should be provided in a layered and modular way. I suggest that a new distinct internetwork protocol is needed, and that TCP be used strictly as a host level end to end protocol." – Jon Postel, IEN 2, 1977 Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“They just freelanced it,” is how one former employee characterized the decision. “Hacking was the excuse, but within a few hours, pretty much everyone realized that wasn’t going to hold. But no one had the guts to reverse it.” - Matt Taibbi Didn't have time to read that whole thread on the censorship of Twitter and the obvious politicization of all of our social networks and big tech platforms? Well I'm happy to dive it. We read Part 1 of The Twitter Files today with a bit of a heated Guy's Take on why all this is happening, and the systemic, rather than the shallow causes of this increasingly dangerous problem. Check out the thread below: https://threadreaderapp.com/thread/1598822959866683394.html Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) --------------------------------- “It says here in this history book that; luckily, the good guys have won every single time. What are the odds?” – Norm Macdonald Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"We believe the core of the cultural fissure between crypto and bitcoin comes down to financialization. While the ethos of bitcoin is to definancialize, the ethos of crypto is to financialize. We repeat our characterization of this tendency from above: DeFi engages in arbitrary and automatable combinations of seigniorage, securitization, rehypothecation, and leverage. It is the purest form of financialization ever conceived: the financialization of ... nothing at all." - Allen Farrington, & Anders Larson Part 2 of the epic piece from Big Al and Allen Farrington on the conceptual, technical, and cultural failures of DeFi, and why it is, in fact, neither "decentralized," nor "finance." Another incredible piece for making some sense out of the insanity of crypto, especially in the wake of the FTX fraud. If you haven't yet listened to Part 1, do so before digging into the second half or you may be a little lost... but hey that's just me. You do you: https://open.spotify.com/episode/2Zf1kcS8lnrgiaMBKcs2BQ?si=d769841b092d4331 Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) --------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"One counterargument might be that the de facto state capture of Ethereum in gradually becoming more and more OFAC compliant could, at the same time, be said to give it practical grounds to become more accepted as money via state enforcement, and more transparent than fiat currencies in traditional finance also. However, the cost is, once again, explicitly the loss of decentralization, so whatever kind of money it is, it is not decentralized and therefore cannot contribute to credibly decentralized finance." - Allen Farrington, & Anders Larson Today we dive into the first half of another amazing piece on understanding both the conceptual and technical limitations of decentralized finance, as well as trying to discern what the point of decentralized finance really is, and what it might look like when we see a sustainable & capital forming version of it come to be. Let's dive in! Check out the original with tons of footnotes and links for digging further and verifying the claims and data shared in the piece: https://www.uncerto.com/green-eggs-and-ham Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- “money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard‐earned wealth for sale in exchange for something easy to produce.” ― Saifedean Ammous Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A bitcoin full node is a certainty machine. When a user runs a full node, they are granted a level of certainty about a monetary network that no human had prior to bitcoin’s existence. Every other monetary technology is riddled with uncertainties. Bitcoin fixes this." - Micheal Goldstein Bitstein is back with another banger of a piece. Toward a Node World Order! Another from the Bitcoin Times publication with an absolute ton of other great writing and a full print magazine to check out. So many of their pieces are available in audio here on Bitcoin Audible if you haven't heard them yet. @Bitstein brings us an argument of how Bitcoin reinforces human flourishing, undermines the ideology of the state, and reveals the truth of a world of individuals, obscured by the false abstractions of our institutions and ideology. And it does so, through the banishment of monetary uncertainty. Check out this and tons of other work at The Bitcoin Times: https://bitcointimes.com.au/toward-a-node-world-order/ Bitcoin is Digital Scarcity: https://open.spotify.com/episode/2jWaeOqWU8m9g5QovJqkEh?si=8b7f8d27fcd04034 Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ― Henry Ford Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

On the nature of sovereignty, the challenges of the world we live in, the fog of war that has descended upon our lives, and on the tools and systems we need (and are building) in order to ensure we will find ourselves in a future of sovereign individuals. Opting Out with Matt Hill is a conversation you don't want to miss. Follow Matt and check out the new hardware and OS advancements coming from Start9 at the links below: https://twitter.com/_MattHill_ https://twitter.com/start9labs Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Dont forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 10% off everything in the store until Christmas! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"As the Web became much more complex, we now engage with multiple companies for each of those functions. Including all the writing, editing, commenting, revising, and so on, even a simple post like this one will involve the services of a few ISPs, a few email providers, a few cloud storage platforms, a few cloud text editors, a few image repositories, and who knows how many background services. And now it’s happening to Lightning. Like any social system, our network is constantly evolving, and it looks very different now compared to how it looked in the beginning. Activity related to Lightning is becoming more specialized, and that specialization is both a symptom of and catalyst for the growth of the network." - Roy Sheinfeld Lightning is maturing before our very eyes, and in the process the number and variety of services are exploding. With some major changes ahead and finally seeing the full potential to even change the client/server model on the internet itself, things will start moving very quickly. Bear markets are for building, and Lightning is where we should be focused. Don't miss another great piece from Roy Sheinfeld at Breez. Checkout the original plus tons of other great work from Roy and the Breez team below: https://medium.com/breez-technology/the-maturation-of-lightning-growing-up-by-going-vertical-c5cffd0c98ea For his previous work which I mentioned at the beginning of the show, you'll find the audio here: https://open.spotify.com/episode/2OaJX05QEUovP0R3IF5qQ2?si=27bf9217b7f649d7 Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Dont forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- "We are still in the first minutes, of the first day, of the internet revolution." – Scott Cook Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The primary work undertaken by thieves to maintain their systems of thievery is manipulation. Deceit and lies are the tools of the trade for the thief. And there is no grander system of theft than the debt based monetary system of the US dollar, enforced under deadly monopoly powers and perverse amounts of public manipulation." - Simply Bitcoin Part 1 = https://open.spotify.com/episode/1m87ZXaFbZ5nRf0kipix2t?si=420093ff62ad46e1 Listen to Part 1 of the "Proclaim Your Bitcoin" Series if you haven't yet, and then dive into today's read of Part 2, the Current State of Man to understand where we are today and what our potential paths into the future are. Both good, and bad. Check out the original article and the many other works they publish on the Simply Bitcoin substack at the link below: https://simplybitcoin.substack.com/p/proclaim-your-bitcoin-part-two?utm_source=profile&utm_medium=reader2 Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Dont forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- “War is Mass Murder, Conscription is Slavery, Taxation is Robbery.” ― Murray N. Rothbard Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"They used to own everything, and in a way they still do; the media, the banks, the NGOs, the international organizations, and almost all the governments and corporations in the world. And with that, of course, they also own the armies, the loans, the money supply, the credit ratings, the narrative, the propaganda, the factories, the food supply; they control international trade and international law. But their most powerful weapon is the control of the “truth”." - Nayib Bukele Today we read and dive into a big picture of the perspective on El Salvador and their bitcoin "bet." The mainstream media is in lockstep telling us that it is a disaster, that they are ready to default, and their bet has resulting in declining credit worthiness and loss of financial stability. But is this true? What is really happening, and why would the mainstream be so apt to make us think the end is near, if it wasn't true? Don't miss the cover story of the "Orange Pill Issue" of Bitcoin Magazine. Link to the full article below where you can find a copy in Spanish as well: https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid Boost Bitcoin Audible on Fountain to get the best Bitcoin podcast to the top of the leaderboards Dont forget to check out our amazing sponsors: • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) ---------------------------- "I know you're taking it in the teeth out there, but the first guy through the wall, he always gets bloody. Always. This is a threat not just to the way they do business, but in their minds it's threatening the game. But really what its threatening is their livelihoods, their jobs. It's threatening the way that they do things. And every time that happens, whether it's a government or a way of doing business or whatever it is... the people who are holding the reigns, have their hands on the switch... they go batshit crazy." - Moneyball Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"I will start with the conclusion: my piece failed. Nothing has changed. DeFi-driven blowups have continued. Therefore, in the strongest possible terms, I repeat, with humility: do not invest in non-Bitcoin crypto. Do not invest in non-Bitcoin DeFi. This is why NYDIG is a bitcoin company. Always has been, always will be." - Ross Stevens Today we take a short dive down the FTX and Alameda rabbit hole with an article put out from NYDIG and Stone Ridge that prefaces the situation with a call to action for those in the space, and then is followed by a breakdown of the events and what we know so far from Greg Cipolaro. If you are wondering what has been going on in crypto, this is a good place to start. Check out the mentioned article below written 6 months ago on the risks and potential failures of crypto and Defi with the incredible piece co-authored by Ross Stevens, Nic Carter, & Allen Farrington: https://nydig.com/on-impossible-things-before-breakfast Check out the original shareholder letter at the link below: https://nydig.com/research/through-the-looking-glass-the-ftx-and-alameda-saga Dont forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • 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. (swanbitcoin.com/guy) ---------------------------- “It is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.” - 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

"My learned opinion is that although your average toxic Bitcoin maximalist might be able to sniff out this bullshit a mile away, Silicon Valley cannot, because Crypto is peak Silicon Valley, and Silicon Valley has sadly become peak fiat." - Allen Farrington We bring another great piece by Allen just after our last great piece from Allen, but this time diving into the FTX insanity and how to understand why this and the other recent disasters are obvious consequences of the fiat mentality pervasive in the crypto space. Crypto is Peak Silicon Valley... Check out the original article and drop some applause on his medium page at the link below: https://allenfarrington.medium.com/crypto-is-peak-silicon-valley-b599ac24ec95 • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) --------------------------- "Humans are shit. This thing is addressing problems that don't exist. It's solutionism at its worst. We are dumbing down machines that are inherently superior." - Gilfoyle, from Silicon Valley Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“It must become embarrassing to admit one ever supported uninformed and nonconsensual participation in a medical experiment or mass house arrest and coerced isolation.” - Allen Farrington Amnesty for the tyrants who pushed for the destructive policies and gross abuses of power we witnessed over the past few years, is acceptance that these abuses and lies will happen again. There will be no amnesty. Farrington explains why in no uncertain terms. Check out the original article and the onslaught of links for sources and further reading on the topic at the link below: https://merionwest.com/2022/11/07/no-lets-not-perpetrators-of-pandemic-authoritarianism-cannot-be-forgiven/ • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) --------------------------- "Liberty only has meaning if we still believe in it when something terrible happens." - Ron Paul Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we bring John Carvalho back on to talk about Bitkit and the release of Synonym's first major product in the BitKit wallet and Slashtags. Re-Decentralizing the internet with serverless identities, default encryption, and where your Bitcoin seed is the key to your online kingdom. The first lego blocks of a potentially massive ecosystem. Download the Bitkit wallet in beta to check out slashtags & their intuitive wallet experience, as well as the other links below to explore more of what is possible in a P2P future that could alter our relationship with the networks that connect us. Add me on BitKit! slash:qhagr5jxmir5szaosn4i1wthfs7opbie777rps6e71x84trneogo Check out the links mentioned in the episode of all the tools that are building the foundation of this new ecosystem: https://slashtags.to/ https://synonym.to/ https://bitkit.to/ https://keet.io/ Check out our amazing sponsors and the products that Guy uses most in the space: • 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. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) ----------------------- "Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan Press On! has solved and always will solve the problems of the human race." - Calvin Coolidge Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"They will come to understand that Bitcoin is hope for non-violent revolutionaries in the environmental movement who seek to end the petrodollar, usher in a world that is not based on the excessive consumption that inflationary (fiat) currencies incentivize, stabilize the intermittency of renewable energy, find a home for new solar and wind on the grid and mitigate methane that would otherwise have become atmosphere-borne and contributed to climate change." - Daniel Batten Today we dive into a piece by Daniel Batten showing the power and momentum of the grassroots Bitcoin movement and how it is galvanizing a defense against the ESG misinformation being spread by scammers and political profiteers. Greenpeace decided they were going to "change the code," but it hasn't worked out so well. Daniel breaks down why. Don't miss this fun article at Bitcoin Magazine. Check out the original article plus tons of other great news and articles at Bitcoin Magazine: https://bitcoinmagazine.com/culture/greenpeace-environment-attacks-help-bitcoin You can find the book mentioned in the commentary as well as a link to Nic Carter's Annotated WH Report below: https://www.amazon.com/s?k=unsettled+steven+koonin&crid=2GCXRQ3ZYCIHQ&sprefix=unsettled%2Caps%2C102 https://niccarter.info/wp-content/uploads/09-2022-Crypto-Assets-and-Climate-Report_nc_annotated_091522.pdf Check out our amazing sponsors and the products that Guy uses most in the space: • 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. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) ----------------------- “It is no coincidence that the century of total war coincided with the century of central banking.” ― Ron Paul Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The creation of new money by insiders debases the savings ability of the existing money. It is critically important for money to maintain value, as it reflects work which was performed but not redeemed for goods and services. Is the value of your forty hour work week last month suddenly not worth as much because some feckless bureaucrat decided to fire up the money printer? Not in a system that has any integrity. It is important for work to be redeemable at the value that was assigned to it when it was performed." - Steven Lubka Concluding today the second half of the amazing "Capital Misallocation: Bitcoin Fixes This" by Steven Lubka from Swan Bitcoin. If you want to understand the role of money and how it enables the economic machine to produce spontaneous order, then you don't want to miss this read & Guy's Take... Mentioned in the commentary, a phenomenal read for understanding the infinite complexity of the market is "I, Pencil" by Leonard Reed: https://open.spotify.com/episode/3nXKaUt2UvTYqCQHnTBFDy?si=63fb390e40fe420e Check out the original at the link below, as well as the last piece Steven wrote we covered on this show: https://www.swanbitcoin.com/capital-misallocation-bitcoin-fixes-this/ Read_643 - Bitcoin & The True Meaning of Inflation: https://open.spotify.com/episode/2JKjejgGp66xtEPqsGPzW4?si=KFVs1SJrQUiHE2BO7-lsUg Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) ----------------------- “The case for individual freedom rests largely upon the recognition of the inevitable and universal ignorance of all of us concerning a great many of the factors on which the achievements of our ends and welfare depend.” - 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

"Money facilities a system — the economy — that is too complex, too unpredictable and too uncertain to be modeled or reduced to neat quantifiable units. Expanding humanity’s productive resources — capital — requires the acceptance of complexity, uncertainty, unknowns and risk. It’s not a neat or tame process. It’s a wild one. It’s a gang of risk takers spelunking the caverns of the unknown with nothing except their intuitions about future preferences and knowledge of current problems to guide their descent into the uncertainty and the unknowable." - Steven Lubka Today we hit another amazing piece, diving into the first half with the second to come tomorrow, of Steven Lubka's fantastic breakdown of the process of capital and the economy, and how prices and money are the guiding force, made parasitic and destructive through the control of prices and the act of money creation. An essay absolutely packed with knowledge, you don't want to miss hearing how Bitcoin fixes this... Check out the original at the link below, as well as the last piece Steven wrote we covered on this show: https://www.swanbitcoin.com/capital-misallocation-bitcoin-fixes-this/ Read_643 - Bitcoin & The True Meaning of Inflation: https://open.spotify.com/episode/2JKjejgGp66xtEPqsGPzW4?si=KFVs1SJrQUiHE2BO7-lsUg Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) ----------------------- "The quantity of money available in the whole economy is always sufficient to secure for everybody all that money does and can do." - Ludwig von Mises, Human Action Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A universal law can be understood to be an objective, observable, and eternal description of some facet of the universe. As such, they can be independently discovered by disparate societies living within the same universe as long as both societies are able to observe the same facets of that universe. It may not be known as Newton’s Law to the Nakamotans, but they will likely have discovered that “every particle attracts every other particle in the universe with a force that is directly proportional to the product of their masses and inversely proportional to the square of the distance between their centers.” - Buck Perley Definitely listen or read the first three parts of the Bitcoin Astronomy series to get the full value out of this additional essay brought to us by Buck Perley at Unchained Capital. a Fourth installment discovering the fundamental truths of proof of stake vs proof of work and why only proof of work can bridge the trust gap between cultures and communities so far separated as different species spread out among the stars. Bitcoin Astronomy Part I - https://open.spotify.com/episode/72lK4wERiLPtagHIT9v7OG?si=_SbJ0L4gQ3GjGltWBDCVDw Bitcoin Astronomy Part II - https://open.spotify.com/episode/5vuZhpkGRJZMjHE4nnjRu1?si=F73oRkjfSTWS3NpRNLKIzA Bitcoin Astronomy Part III - https://open.spotify.com/episode/4jTr1Nadq5dtiQUs7UvJzz?si=MFWvwY6ESqmAj7vj-vDO0A Check out the original article at Unchained Capital below: https://unchained.com/blog/bitcoin-astronomy-proof-of-stake/ Check out our amazing sponsors and the products that Guy uses most in the space: • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"One might ask: if much of the U.K. pension money was about to vanish, where was it going? Partly to the bankers, of course, but mostly, as with any bubble, the value was simply illusory. In 2001, Argentina forced private pension funds to purchase $2.3 billion in government bonds so that the government could meet external debt Payments. The following day, the funds listed the bonds as an asset, but the value was already gone (Argentina would later confiscate the whole pension system officially). Western countries have done effectively the same thing, only with much more subtlety, without even the players knowing. The pension capital is gone, spent, consumed by the state, all that remains is the realization that it is gone." - Daniel Oliver, Myrmikan Capital Check out the original paper with some very eye opening charts to super charge the point made in this excellent work. Plus don't forget to explore more from Myrmikan Research if this work is any indication of the work they publish: https://www.myrmikan.com/pub/Myrmikan_Research_2022_10_18.pdf Check out our amazing sponsors and the products that Guy uses most in the space: • 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. 5,000 FREE SATS at (guyswann.com/fold) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Imagine if all respectable business knowledge had been derived from studying large, established companies because there had never been a start-up in living memory. If a start-up then came along, people might well say, “that’s not a business because it doesn’t make a profit,” or, “that’s not a business because it doesn’t have a defined business plan.” Clearly, this would be ill-advised. That is not to say that their models and definitions would be perfectly wrong instead of perfectly right, but rather that things are not so binary. Reality is messy, and it is reality we should care about, not our theories of reality that, it turns out, have never really been tested …" - Allen Farrington Today we reboot an old favorite of mine from 200 episodes ago on the semantic failures of our modern, commonly understood definition of money. Another of the amazing chapters from the book by Sacha Meyers and Allen Farrington, Bitcoin is Venice. Below I have the Guy's Take I did as a follow up to this read originally, as well as the original article and link to the book. Guy's Take #40 on Wittgenstein's Money - https://open.spotify.com/episode/4iV3dHews5xH1HUO9h96Nw?si=0a5cf00632d243e8 Bitcoin is Venice - https://www.amazon.com/Bitcoin-Venice-Essays-Future-Capitalism/dp/B09TTTGT11/ Check out our amazing sponsors and the products that Guy uses most in the space: • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"While Bitcoin does not litigate the ethics of hydrocarbon production, it is not controversial to point out that the dollar, in that it is sustained by the continuation of the US military-industrial complex (the single largest consumer of oil in the world), carries an incomparably greater carbon footprint than the Bitcoin network will ever begin to approach. All this, while generating abhorrent negative externalities, among which are the countless lives lost to conflict and the inherently political nature of money controlled by a singular geopolitical hegemon." - Spencer Nichols It's time to read another piece that soundly smashes the uninformed ESG narratives attacking Bitcoin. Its hard to fathom the degree of intellectual laziness from some of these publications and "experts," but nonetheless its all there for us to witness. Spencer does a great job in tearing it down by hitting a strong foundation on how we got here from the fundamentals of monetary history, and then goes through the major misconceptions touted by the establishment. Don't miss this one! Check out the original article at the link below: https://bitcoinmagazine.com/print/how-to-guide-debunking-esg Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"to survive and prosper in this world, man can either make the things he needs and wants, or he can take them. This was true thousands of years ago and it is true today. To use a modern linguistic framing of this notion; man can either perform work to satisfy his wants and needs, or perform theft to satisfy his wants and needs. There are no two ways about this. Either put in the work to build something, or figure out a way to steal someone's work." - Simply Bitcoin From the Simply Bitcoin substack we read the opening of the "Proclaim Your Bitcoin" Series. On the nature of man, our unalienable rights, how they have been violated through a corrupt monetary system, and why we proclaim our right to opt out. Check out the original article at: https://simplybitcoin.substack.com/p/proclaim-your-bitcoin-part-one?sd=pf Noted links from the read: The Price of Tomorrow: https://thepriceoftomorrow.com/ The Fiat Standard: https://saifedean.com/the-fiat-standard/ Check out our amazing sponsors and the products that Guy uses most in the space: • 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. 5,000 FREE SATS at (guyswann.com/fold) • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"But if technological civilizations are more common, then we must resolve the Fermi Paradox in a different way. We know that any “solution” is really an a reflection in the mirror of universality, an interpretation of humanity’s future based on what one believes about the present. With this understanding, and with many speculations about the Laws of Bitcoin Astronomy and alien blockchains behind us, we propose a new solution to the Fermi Paradox (a member of the “they’re waiting for our signal” family): we haven’t detected alien civilizations because we only just built bitcoin." - Dhruv Bansal Today we conclude the fascinating Bitcoin Astronomy Series with the second half of Part 3, The Third Law of Bitcoin Astronomy. Below is the LINK TO THE FIRST HALF IF YOU MISSED IT! You will likely have no idea what is going on otherwise. Also links to Parts I and II of the series are below as we extend the concepts of the Hash Horizon and the scale of blockchains needed to bridge a civilization that spans a solar system and beyond. With that, let's dive back into The Third Law... LISTEN TO THE FIRST HALF: https://open.spotify.com/episode/4jTr1Nadq5dtiQUs7UvJzz?si=4f11eb77e58e4ff5 Links to the original article at the Unchained Capital blog as well as the first 2 parts below: Part I: https://open.spotify.com/episode/4F9cNWswfA0MifloQsIo8R?si=d87751e8ad864e1b Part II: https://open.spotify.com/episode/3uKiXD8MZImtGUhJBkpzHg?si=75e370306bef4d8f Part III: https://unchained.com/blog/bitcoin-astronomy-part-iii/ A few other great works mentioned in the Guy's Take: Quittem's Bitcoin is a Pioneer Species: https://open.spotify.com/episode/0n4BDOodSPaIB5HpksnJOT?si=7b9ff43f66ed4953 Bitcoin is Element Zero by Ioni Appelberg: https://www.youtube.com/watch?v=12zBLvoVRFQ&t=0s Check out our amazing sponsors and the products that Guy uses most in the space: • Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 20% off with code BITCOINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Astrobiologists increasingly believe that conditions are frequently right for life. Hydrogen, oxygen, carbon and the life-sustaining molecules they form are the most common substances in the universe and we know there are millions, potentially billions, of rocky planets just like Earth orbiting stars just like our Sun in our galaxy alone." - Dhruv Bansal Today we dive into an often requested series that I have been waiting to get back into for some time, the Bitcoin Astronomy Series! Today we hit the first half of Part 3, The Third Law of Bitcoin Astronomy by the always thought provoking author Dhruv Bansal. Links to Parts I and II are below as we extend the concepts of the Hash Horizon and the scale of blockchains needed to bridge a civilization that spans a solar system and beyond. In Part III, we explore the possibilities of a first encounter with the blockchains of an alien civilization... Links to the original article at the Unchained Capital blog as well as the first 2 parts below: Part I: https://open.spotify.com/episode/4F9cNWswfA0MifloQsIo8R?si=d87751e8ad864e1b Part II: https://open.spotify.com/episode/3uKiXD8MZImtGUhJBkpzHg?si=75e370306bef4d8f Part III: https://unchained.com/blog/bitcoin-astronomy-part-iii/ A few other great works mentioned in the Guy's Take: Quittem's Bitcoin Mycelium Series: https://open.spotify.com/episode/7wGmCoQ6Z1ZpeP7ruZKPgV?si=4d87320166974b43 Bitcoin is Element Zero by Ioni Appelberg: https://www.youtube.com/watch?v=12zBLvoVRFQ&t=0s Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we explore a highly earned Guy's Take for Dergigi's "Bitcoin is Digital Scarcity" as well as using a core part of his framing to make sense of a few fundamental ideas behind Bitcoin. Recently as well I continue to run into the question, what is Bitcoin backed by? And I think this misses the entire point of why our virtual monies today need to be "backed" by something else, and why Bitcoin is different. So let's dive in... Don't forget to check out the episodes and reads mentioned in this Guy's Take at the links below: Dergigi's "Bitcoin is Digital Scarcity" Trent's "Five Examples of Bitcoin's Real World Utility" Nick Szabo's "Shelling Out - The Origins of Money" Check out our amazing sponsors and the products that Guy uses most in the space: • 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. 5,000 FREE SATS at (guyswann.com/fold) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The power of prices is the process of dynamic discovery that underpins their emergence, not the fleeting consensus of a specific moment in time. The price is never right, but prices are as right as can be hoped for at that moment. Attempts to coerce prices without the ability to change the reality they communicate are, therefore, bound to run into trouble. And yet we do not seem capable of accepting the truth of prices whenever it is inconvenient. To ensure that consensus can arrive at valid social truths, we require systems or institutions that withstand attempts at coercion and which tap into decentralized discovery. Martial arts are a fitting case study, and an encouraging allegory for all that follows. A few decades ago, they were under the grip of bullshitting coercion. Today, they are thriving under a marketplace of ideas." - Allen & Sacha In another piece from Bitcoin Magazine and returning authors Allen Farrington & Sacha Meyers we get an exploration of the mixed martial arts and how in recent decades it has been thrust into a world of discovery and competition. No longer constrained by the strict rules of authority and claims of superiority, but open to a marketplace of ideas where the truth is verified, not trusted. One of the amazing pieces from the book by the same authors, a must have for every Bitcoiner, Bitcoin is Venice. Find the original article and numerous other amazing works both from these authors and at Bitcoin Magazine at the link below: https://bitcoinmagazine.com/culture/bitcoin-and-the-truth-of-mixed-martial-arts Check out our amazing sponsors and the products that Guy uses most in the space: • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Today, it’s a trucker protest. What if it’s a women’s rights protest next? A protest against abuses by a country you’re allied with? Who decides? Bitcoin sure as heck doesn’t. Bitcoin doesn’t care about the color of your skin, your political affiliation, the country you’re in, what videos you watch on YouTube, etc. If you play by the same rules that everyone else plays by, you can use bitcoin." - Trent Dudenhoeffer Another Bitcoin Magazine article to start off the week, this one by first time (on the show) author Trent Dudenhoeffer on the concrete, real world examples of the powerful utility to Bitcoin and a monetary system built on top of it. Five real world examples to be exact, and the incredible implications of their truth. A great one today with a really fun Guy's Take. Let's jump in. • Check out the original article at the link below, plus tons of other great stuff recently published on Bitcoin Magazine: https://bitcoinmagazine.com/culture/five-examples-of-bitcoins-real-world-utility • The article linked in the read digging further into the Bitcoin and energy grid dynamic and how powerful that element can be: https://bitcoinmagazine.com/culture/how-bitcoin-mining-strengthens-electricity-grids • The Last Word on Bitcoin's Energy Consumption by Nic Carter: https://open.spotify.com/episode/2LtVxQvNzuEkjS9mBgNJeO?si=Xna8waAEQdyKaKkWXbUCcw Check you Financial Privilege: https://www.audible.com/pd/Check-Your-Financial-Privilege-Audiobook/B0B9T6BJC4?ref=web_search_eac_asin_1&qid=2zUMC9QRyD&sr=1-1 LASTLY! Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

We dive into the chaotic world of 2022 with the insanity of the financial markets, the bond markets cracking apart, the political sphere going nuclear, & the steady tick tock next block of Bitcoin as a totem of reliability & sanity in an insane world. Greg Foss and I joined Clint Russell on his excellent podcast Liberty Lockdown to dive into it all in a 2 hour rampage on the sate of the world today. Don't miss this one! Check out Clint and his podcast, Liberty Lockdown if you haven't. Its an excellent show that has been blowing up in the liberty space: https://libertylockdownpodcast.com/ https://twitter.com/LibertyLockPod Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature. While V-Bucks are created and controlled by Epic Games (the company that created Fortnite), the U.S. dollar is created and controlled by the Fed. One impacts millions of people, the other billions. The mechanism that keeps these monies in check—the rules of the game, if you will—is the same in both cases: central decree." - DerGigi You don't want to miss this incredible piece from DerGigi, another chapter released from his forthcoming book 21 Ways, Bitcoin is Digital Scarcity. On the ideas that define Bitcoin and why fiat, CBDCs, Linden dollars, and World of Warcraft gold are *virtual money* that is also digital, but Bitcoin is the first digital money that is actually real. Protected by the inescapable reality of computation. Don't miss this one Check out the original article at the link below, plus tons of other great works from Gigi https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity/ Check out our amazing sponsors and the products that Guy uses most in the space: • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • 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. (swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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. 5,000 FREE SATS at (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Lighting Network adoption is scaling Bitcoin around the world. And it will be key to protecting our freedoms in the digital age as well." - Paolo Ardoino Today we hit another awesome Bitcoin Magazine article on how Bitcoin is separating monetary value from the state, but that it is ultimately Lightning and its ability to fulfill the vision of P2P payments and entirely unique monetization systems that will protect the freedom of speech and allow global adoption of sound, neutral money. A great little read and a Guy's Take that will kick off the week. Check out the original and look into the incredible things Paolo is working toward at the below links. Article: https://bitcoinmagazine.com/culture/bitcoin-adoption-freedom-via-lightning Chat 71 with Paolo & Matthias: https://open.spotify.com/episode/3GnrHfuMBEzqFRfxlXRZWf?si=5e5ef3f7a6844579 Plus the various amazing products: Synonym.to, Keet.io, & Holepunch.io Check out the tapsigner & coldcard combo in action with Nunchuk in the video mentioned in the Guy's Take: https://twitter.com/nunchuk_io/status/1574977342698496000 Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) 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 ripe for a massive disruption of systems like SWIFT, and at the rate the world is becoming both politically and economically unstable, I think that time is going to come sooner rather than later." - Shinobi In the vision of consumers using Bitcoin to buy everyday goods and services, have we lost sight of the most valuable use of Bitcoin as a broad, global settlement system? Have we been distracted from the most valuable and even crucial utility of the Bitcoin system in a politically & economically unstable world, as a radically neutral global means of settlement between major business and financial entities? Find out in another great piece by Shinobi, on why SWIFT is actually the entity that should be most afraid, not VISA. Check out the original article for more by Shinobi and tons of great news and analysis at Bitcoin Magazine: https://bitcoinmagazine.com/business/bitcoin-will-replace-swift-before-visa Check out our amazing sponsors and the products that Guy uses most in the space: • 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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Given two competing views of the world, the state will always promote the one that increases its power to extract wealth from its citizens. The choice between inflation and deflation is an easy one. Deflation empowers the citizen by allowing her modest savings to purchase more goods over time. Calling for inflation empowers the state by allowing it to print more money and by reducing the size of its enormous debts in real terms. It should be no surprise that state-funded academic institutions preach the virtues of inflation" - Kyle Ward The propaganda around deflation must be a special beast in order to drive normal people to argue that things getting cheaper is bad for them. What could drive such an absurd idea so aggressively and is it a big conspiracy, or a simple set of fundamental incentives gone awry. Today we read an excellent short piece from the insane resource at Mises.org by author Kyle Ward, on deflation and the horrifying experience of the ever falling price of TVs. Check out the original at the link below, plus tons of other gold on the economic realities of our time: https://mises.org/wire/price-deflation-and-horrors-falling-tv-prices Check out our amazing sponsors and the products that Guy uses most in the space: • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The whole tokenize-everything-thing so far is one fast hype train. It is exciting not for the technical efficiencies it may provide but for the exact opposite: rent seekers seeking rent. Actually, between the lines, some projects seem to suggest to everyone: “You, too, can be a rent seeker.” - Niko Jilch Wouldn't you want to own 1/1000th of a London apartment? Or maybe a famous work of art? Wouldn't this make ownership of these things far more efficient and be a major shift in the access of these rare and valuable items to new investors? Or are they largely a new take on the same old rent seeking behavior with no added value, and a major misunderstanding of the world we are head into? Don't miss this succinct article from Niko Jilch arguing why we will not, in fact, be "tokenizing everything." Check out the original article on Niko's substack plus his other great writing at the link below: https://fixthemoney.substack.com/p/no-we-are-not-going-to-tokenize-everything Check out our amazing sponsors and the products that Guy uses most in the space: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Everyone loves a good origin story. Some are true, some made-up, and some a mix of the two. The true origin story of Bitcoin’s appearance in the world is one of the most fascinating mysteries ever told. Yet these events all took place in the 21st century, a time when everything is recorded, and can be recalled, investigated — and verified." - Tomer Strolight Bitcoin isn't merely a tool, but something so unique and fundamental, that it challenges widely held beliefs of the world & inspires questions that have even sparked deep personal journeys. But how could a simple computer network have such an impact on the individual? How could someone think of Bitcoin, as inspiring a spiritual awakening? Tomer bring us an exploration of how Bitcoin changes who we are and forces us to look inward for new answers to questions that so many thought answered. The Legendary Treasure of Satoshi Nakamoto - Drop some applause on the original article Check out our amazing sponsors and the products that Guy uses most in the space: • Stop doing fiat the sad way, and start doing it the Fold way. 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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard) 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 not merely a network, it's a foundation for an anti-authoritarian political movement in an increasingly authoritarian world. If you're looking for why so many people are deeply passionate about Bitcoin & nothing else, start there." - Guy Swann Today I decide to rant about what Bitcoin maximalism means to me, why I am totally and completely focused on Bitcoin and nothing else, and why I think "crypto" has lost the plot. Crypto is interested in building a bunch of toys to be accepted by the establishment, Bitcoin is a declaration of independence from it. The other episodes mentioned for diving deeper into this topic: • My Path to Bitcoin Maximalism (by Sessions) • How to Be a Bitcoin Maximalist (Pete Rizzo) • Setting the Record Straight (Nic Carter) Check out our amazing sponsors and the products that Guy uses most in the space: • 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. (swanbitcoin.com/guy) • COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/) • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.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% OFF with code BITCOINAUDIBLE (guyswann.com/fold) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message