Bitcoin Audible

Carcampit from the Friends Against Government Podcast joins me to close out 2019 with a discussion on the crazy changes we have seen this year, both in Bitcoin and in so many other areas. We discuss... • The Stock-to-Flow model • Binance & Censoring Coinjoins • The Eurochain • Strip Searching your Devices • The Year of Lightning • New Media • A Bright Future for Privacy & much more! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Closing out an extraordinary year in 2019 has us looking forward at 2020 & Beyond. What will we bring to Bitcoin, and what could Bitcoin bring to us? Today we read an amazing thread by John Newbery on the exceptional list of tools and technologies making their debut on the Bitcoin and Lightning protocol stack that will change everything about how we interact with and use this incredible technology. So much exciting stuff to go over, don’t miss “A Bitcoin Roadmap” twitter thread by John Newbery. Link to John's thread and thorough list of links included to explore the tons of improvements on the horizon, or already available to be built with. I highly encourage a dive down this rabbit hole! https://twitter.com/jfnewbery/status/1208559196465184768 • Jack Mallers & Announcing Olympus (fiat-to lightning in seconds) https://twitter.com/JackMallers [audio] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_299---Announcing-Olympus--From-Fiat-to-Lightning-in-Seconds-Jack-Mallers-e5j7ko • Schnorr & Privacy by Lucas Nuzzi https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_226---Schnorr-Signatures--The-Inevitability-of-Privacy-in-Bitcoin-Lucas-Nuzzi-e3jfhi • Taproot is Coming by Aaron Van Wirdum https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_318---Taproot-is-Coming-Aaron-van-Wirdum-e8um0c • Lightning & the "Noinput Class" by Aaron Van Wirdum https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297---Simplifying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very specific characteristics – they were not merely symbolic or decorative objects." - Nick Szabo If you haven't listened to it yet, the time is now. If you have listened to it, then it can't hurt to listen to it again. One of the most essential prerequisites in the Bitcoin space to shine a light on the foundations of money, its history, and the nature of its origins. Today we reboot Nick Szabo's incredible piece, "Shelling Out: The Origins of Money." Check out the original piece hosted on the Nakamoto Institute, and of course the unenumerate blog where you can find hundreds of other excellent posts and works by Nick Szabo. https://nakamotoinstitute.org/shelling-out/ https://unenumerated.blogspot.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable." - Hass McCook As I walk in the valley of fiat, I shall not fear the Economic Reckoning! You don't want to miss this awesome piece by @FriarHass on the "True Believers" of Bitcoin, and why it is not only a religion, but the one True Way. One of the many great articles in the recently released edition 2 of The Bitcoin Times. Check out the amazing links below for more great work and to drop some applause on this wonderful piece! Original Article: https://medium.com/the-bitcoin-times/the-passion-of-the-believers-bf26f3b46315 The Bitcoin Times Editions 1 & 2 https://sites.google.com/getamber.io/thebitcointimes/ If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is there a single key factor in the difference between the assurances in PoS vs PoW? The knowledge and proof that there is a real world, inescapable cost to both producing the currency, & editing the chain history - unforgeable costliness. Learn about this, the private keys attacks that risk entire contesting histories in PoS systems, and to the nothing-at-stake problem. This and more in today's read! Check out the original (hit that applause button) plus the other great pieces Hugo has on his Medium page! https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb For a deeper dive into unforgeable costliness, listen to the absolute essential read, by Nick Szabo, "Shelling Out, The Origins of Money." https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-Nick-Szabo-e2ndom If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

What is the true set of differences between Proof of Work, and Proof of Stake? What are the engineering mindsets behind them both, and which is built explicitly to survive in the worst-case scenarios? Find out this and more in today’s read of Hugo Nguyen’s excellent piece “Proof of Stake & the Wrong Engineering Mindset.” This will be the beginning of a short series that will finish out our week attacking the PoS design from all angles. Subscribe so you don’t miss it. Follow Hugo on Twitter and Medium to explore his other great work and so you don't miss his next one! https://twitter.com/hugohanoi https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2 Other great Episodes and works mentioned in today’s commentary: Nassim Taleb's "Block Swan" https://www.amazon.com/Black-Swan-Improbable-Robustness-Fragility/dp/081297381X/ref=sr_1_1?keywords=black+swan+nassim&qid=1576710842&s=books&sr=1-1 CarCampit's "Bitcoin Blockade runner" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_160---Bitcoin--Blockade-Runner-of-the-Information-Age-CarCampit-e2ndpf The Drunkard's Walk https://amzn.to/2Mzzr2K The Bitcoin Survivor's Book List https://thecryptoconomy.com/bitcoin-survivors-book-list/ Hugo Nguyen's other great articles in audio: Ethereum Architecture is Flawed • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_223---Ethereum-Architecture-is-Flawed-Hugo-Nguyen-e3i5k1 Anatomy of Proof of Work • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_158---Anatomy-of-Proof-of-Work-Part-1---Hugo-Nguyen-e2ndpg Bitcoin, Chance, and Randomness • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_159---Bitcoin--Chance--and-Randomness-Part-2---Hugo-Nguyen-e2ndpi If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Don't forget to check out the Bitcoin Magazine Podcast and follow Dave on Twitter! https://twitter.com/DsHollers https://twitter.com/BitcoinMagazine Additional resources from the chat: • Does Bitcoin Need Accountants? (audio) • A Most Peaceful Revolution (audio) • Cryptoconomy website • Bitcoin Time Traveller (audio) • Bitcoin Is Worse Is Better (audio) • The Sovereign Individual --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Another clever & censorship resistant system for identity within the Bitcoin system is being proposed. Called "Easypaysy," developer Jose Femenias Canuelo has created a system to safely & independently create a static on-chain account system, that would solve the need both of having to reuse Bitcoin addresses, & having to constantly generate new ones for every payment. Today we read the Bitcoin Magazine article by none other than Aaron Van Wirdum breaking down exactly what it is, how it works, and what it might mean for the future of interfacing with the Bitcoin system. A huge thank you to the Let's Talk Bitcoin Network and the crew over at Bitcoin Magazine for letting me cover all of their incredible content! Its exciting to join the many great shows on the LTBnetwork and get the best written works in Bitcoin to all those who don't have the time to read them. Don't forget to check out the full article plus other links to the white paper for further exploring this new tool: https://bitcoinmagazine.com/articles/bitcoin-need-accounts-one-developer-thinks-figured https://twitter.com/BitcoinMagazine https://twitter.com/AaronvanW Do NOT miss out on Aaron's other works, here's a list of a handful of his other great articles we've covered in audio: • Taproot is Coming https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_318---Taproot-is-Coming-Aaron-van-Wirdum-e8um0c • Simplifying Lightning, The "No Input" Class https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297---Simplifying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa • A Cryptoconomy Chat with Aaron VW! https://anchor.fm/thecryptoconomy/episodes/CryptoChat_018---Investigating-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e • Statechains - Sending Keys, Not Coins https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_272---Statechains--Sending-Keys-Not-Coins-Aaron-Van-Wirdum-e4mue1 • Understanding the Lightning Network Parts 1-3 Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_047---Understanding-The-Lightning-Network-Part-1-e2ndtd Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_048---Understanding-The-Lightning-Network-Part-2-e2ndt4 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_049---Understanding-The-Lightning-Network-Part-3-e2ndtc --- Send in a voice message: https://podcasters.spoti...

Next up in the Gradually, Then Suddenly series by Parker Lewis and available on the incredible blog over at unchained-capital.com is "Bitcoin, Not Blockchain." There is nothing about blockchain that makes it inherently immutable. Immutability emerges over time as the consequence of economic incentives and a native monetary unit that secures those incentives. It is hard won in the battle of monetary competition, something that cannot be copied or challenged with frivolous features, or arbitrary "utility." Parker breaks it all down in his great article, "Bitcoin, Not Blockchain." Don't forget to check out the Unchained Capital Blog for tons of great written works by Parker and others: https://www.unchained-capital.com/blog/bitcoin-not-blockchain/ Check out all the other great pieces we've covered recently in the Gradually, Then Suddenly series: Gradually, then Suddenly [the series so far] 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290---Gradually--Then-Suddenly-Parker-Lewis-e55nu4 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302---Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306---Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph 5 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_321---Bitcoin-is-Not-Too-Slow-Parker-Lewis-e93sbj 6 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_324---Bitcoin-Fixes-This-Parker-Lewis-e97cia If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The scams in the Bitcoin & crypto space are, unfortunately, not low in number. Sometimes the only safe option is to ignore them, but there are the few occasions that require a thorough breakdown of just how the scam works, in hopes of protecting the often naive and uninformed noobs that enter this space. Today we read a piece by Goldman Sats breaking down the inner workings of the HEX scam, and how it is designed for one thing, and one thing only, to take your money. Listen to find out more! Don’t forget to drop the max applause on this article and for @TooWumboToFail’s excellent research into how this works and making it available to everyone. And if you ever hear word of someone thinking of participating, don’t forget to send them to this article or episode before they do. https://medium.com/@TooWumboToFail/under-a-hex-396847b86e57 Here is the "advanced analysis of how HEX works" link buried in the website so anyone who wants to explore further can do so. https://docs.google.com/document/d/1P0ZDaBQx4ghkdX5IUwZb1n8ThvYf7i22MSt9Gm00JRU/edit If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is Bitcoin really a religion? Is all money some form of religious institution? What happened to Virgil Griffith? Are juries the best or worst idea for finding justice? These are the important questions that we answer at the Raleigh Meetup Podcast! Listen to today's episode and dont forget to check out the Raleigh Meetup podcast for an awesome chat every week! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is Bitcoin the perfect money, or is it the worst money that solves the most essential problem, as simply and reliably as possible? In true "New Jersey” style, Bitcoin doesn’t attempt to be everything, it attempts to do ONE thing as beautifully, & as unambiguously as possible. Today we read a fascinating piece from Bitcoin’s rich history, originally published in 2011, and edited, added to, and updated for years since. At Gwern.net, Bitcoin is Worse is Better: https://www.gwern.net/Bitcoin-is-Worse-is-Better Don’t forget to check out the original piece with a literal ocean of links and further exploration. If you want to waste 15 minutes, or half a day, there’s more than enough to explore. As a great (& short) read to accompany this on the “Rise of Worse is Better” philosophy, check out the original post by Richard P. Gabriel below: https://dreamsongs.com/RiseOfWorseIsBetter.html For more on the history of Bitcoin, the open source movement, and the “worse is better” design philosophy, I highly recommend the Iterative Capital Thesis on The Cryptocurrency Phenomenon: https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

For everyone that tells you Bitcoin is a stagnant technology going nowhere, this is the article to point them to. Another be returning author Lucas Nuzzi, we cover a piece that touches on the plethora of developments happening across all fronts in the Bitcoin ecosystem. Much like the development of the internet, Bitcoin has the benefit of building a modular protocol stack to solve a vast array of problems without compromising the underlying network. A great read to close the week. Follow Lucas Nuzzi on Twitter, be sure to drop some applause on the article, check out the link to explore all the crazy stuff discussed in this piece, and lastly check out Digital Assets Research for more great work: https://medium.com/digitalassetresearch/a-look-at-innovation-in-bitcoins-technology-stack-7edf877eab14 Check out the other great reads we have by Lucas! Schnorr Signatures & the Inevitability of Privacy https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_226---Schnorr-Signatures--The-Inevitability-of-Privacy-in-Bitcoin-Lucas-Nuzzi-e3jfhi The Resolution of the Big Block Experiment https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_218---The-Resolution-of-the-Big-Block-Experiment-Lucas-Nuzzi-e3g7ms The Liquid Network w/ Thoughts from Lucas Nuzzi https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_166---Liquid-Network-Launch-and-Thoughts-from-Lucas-Nuzzi-e2ndp8 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Money is the tool that enables human exchange and prosperity... Bitcoin is a sovereign, sound, digital form of money... Time is the only true scarcity that exists for humanity... Listen to a walk through the Bitcoin perspective and the rich history that enlightens the story for Bitcoin's immense monetary potential. Reading the unabridged audiobook of Money, Bitcoin & Time, written by Robert Breedlove. Link below to the original PDF to explore the data and graphics or the extraordinary list of reads in the sources on pages 89-90. https://www.parallaxdigital.io/blog --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Another of the many great pieces from Nik Bhatia getting into the impact and scope of the system that the Lightning Network could become. Bitcoin is neither just a store of value, nor just a medium of exchange, it's both. The LNP/BP protocol stack is taking us into the future, hear all about it in today's read from Nik Bhatia, now part the OpenNode team, titled "The Lightning Network: Why I Quit the Bond Market for Bitcoin." Link to Nik's Twitter and the original article on his Medium page: https://twitter.com/timevalueofbtc https://medium.com/@timevalueofbtc/the-lightning-network-why-i-quit-the-bond-market-for-bitcoin-12693120039f The other great pieces by Nik we have covered on the show: The Triumvirate of Liquidity https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_317---The-Triumvirate-of-Liquidity-Nik-Bhatia-e8t41e Bitcoin is a Human Right https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_269---Bitcoin-is-a-Human-Right-Nik-Bhatia-e4jtga The Business of Bitcoin Cold Storage https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_182---The-Business-of-Bitcoin-Cold-Storage-Nik-Bhatia-e2ndoj Our 3rd ever Interview with Nik Bhatia all about the future of Capital Markets https://anchor.fm/thecryptoconomy/episodes/CryptoChat_003---Nik-Bhatia-on-The-Future-of-Bitcoin-Financial-Markets-e2ndqv The Bitcoin Second Layer https://cryptoconomy.podbean.com/e/cryptoquikread_132-the-bitcoin-second-layer/LNRR The Time Value of Bitcoin https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_143---The-Time-Value-of-Bitcoin-e2ndq2 The Bitcoin Risk Spectrum https://cryptoconomy.podbean.com/e/cryptoquikread_109-the-bitcoin-risk-spectrum/ Grab your copy of the Little Bitcoin Book or listen to the audiobook read by me! https://www.amazon.com/Little-Bitcoin-Book-Matters-Finances/dp/1641990503/ref=sr_1_1?crid=2K1ZY3IJWOWZE&keywords=the+little+bitcoin+book&qid=1575326799&sprefix=the+littel+bitcoin%2Caps%2C156&sr=8-1 Join me at the Bitcoin maximalist conference next year! Get tickets for BitBlockBoom2020 at the link below - offer code CC for 30% off! BitBlockBoom.com --- Send i...

Don't be the oblivious boomer who lets their hard work get sucked away by that garbage Boomer Bucks currency. Be a part of the future, and Buy Bitcoin! Another fun chat with the Raleigh Bitcoin Meetup! Check out the Raleigh Meetup Podcast and subscribe so you don't miss them: https://anchor.fm/raleigh-bitcoin-meetup Get your copy of "The Little Bitcoin Book" in print or audio (read by your truly) for those long holiday drives: https://www.amazon.com/Little-Bitcoin-Book-Matters-Finances-ebook/dp/B07W957N7T Join me at BitBlockBoom2020 for an awesome time with the best of the Bitcoin maximalists! https://bitblockboom.com/ And of course, if you want to join the Cryptoconomy Telegram and hang out with the crew, become a patron below: https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

An economy leveraged 150:1 A spiraling tower of debts to pay for our previous debts Central Banks repeating the same policies that caused our problems as their solutions The confiscation through counterfeit of $Trillions in economic production Massive distortions of the price mechanism & monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money Bitcoin Fixes This. Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the Unchained Capital blog. Unchained just dropped the "greatest hits" collection of their blog, tons of great content to explore below: https://unchainedcap.wpengine.com/greatest-hits/ Mentioned in the show: Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely. The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter's excellent pieces to learn all about how "Transaction Count is an Inferior Measure." Check out the original post (great charts illustrating his argument) on Nic's Medium page, plus the tons of other great written content he publishes regularly: https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1 Another great tool to show the relative "speed" of competing networks: https://howmanyconfs.com/ Other great work in audio from Nic Carter: • A Most Peaceful Revolution https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm • A Most Peaceful Revolution (Guy's Follow Up) https://anchor.fm/thecryptoconomy/episodes/GuysTake_23---Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Unpacking Bitcoin's Assurances https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281---Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r • How to Scale Bitcoin Without Changing a Thing [parts 1 & 2] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_238---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1---Nic-Carter-e3qgfg https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_239---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2---Nic-Carter-e3qsvi • Bitcoin's Existential Crisis https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_181---Bitcoins-Existential-Crisis-Nic-Carter-e2ndok --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

INTRODUCTION At the end of the 16th century, a rag tag group of rebel intellectuals and entrepreneurs founded a country on some of the least desirable land in Europe—so often flooded that it needed hundreds of miles of moats - while fighting an eighty year long war against the largest empire in the world. From this struggle and melting pot of ideas emerged the Dutch and British golden ages, innovative economic institutions that changed the world, as well as one of America’s most successful socio-economic experiments: New York City. This report makes the case that the 21st century emergence of bitcoin, encryption, the internet, and millennials are more than just trends; they herald a wave of change that exhibits similar dynamics as the 16-17th century revolution that took place in Europe. ... Author - Tuur Demeester --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift. A short piece that requires much ranting, don't miss it. Link to the original post and Ray Dalio's twitter page: https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/ https://twitter.com/RayDalio Other great works mentioned in this show: The Case for Electronic Cash https://anchor.fm/thecryptoconomy/episodes/The-Case-for-Electronic-Cash-Jerry-Brito-e3rhj6 Use of Knowledge in Society - Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 How is Fiat Money Possible - Parts 1-3 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_234---How-is-Fiat-Money-Possible-Part-1---Hans-Hermann-Hoppe-e3odu1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_235---How-Is-Fiat-Money-Possible-Part-2---Hans-Hermann-Hoppe-e3oon2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_236---How-Is-Fiat-Money-Possible-Part-3---Hans-Hermann-Hoppe-e3p2k1 And if you want to start down a rabbit hole... WTFHappenedin1971.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital. What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money? This piece is packed with digital gold, so don't miss it! Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don't forget to follow Parker on Twitter for more of his work: https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/ https://twitter.com/parkeralewis Other great episodes and content to go down the rabbit hole on this one! • Use of Knowledge in Society Parts 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj • 7 Misunderstandings of Bitcoin's Scaling Problem (this is old, forgive me) https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038---7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf • Bitcoin & Software Reliability https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254---Bitcoin--Software-Reliability-beautyon_-e46lnu • Gradually, then Suddenly [the series so far] 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_290---Gradually--Then-Suddenly-Parker-Lewis-e55nu4 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_302---Bitcoin-is-Not-Too-Volatile-Parker-Lewis-e6diss 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_306---Bitcoin-Does-Not-Waste-Energy-Parker-Lewis-e7ojph You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we conclude the report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. A plethora of new financial tools and the flight to find security in uncertain times, and the many parallels with the role Bitcoin could play in finding a haven from the over-leveraged, over-regulated, and corrupt IMFS. Don't miss a great piece. Links to the original works below. Again, don't forget to follow Tuur on Twitter for tons of amazing content and thoughts on the impact of this new economy. https://docsend.com/view/ijd8qrs https://twitter.com/TuurDemeester Other great episodes for more details and expanding on these themes: • Bitcoin, An Accounting Revolution https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_255---Bitcoin-An-Accounting-Revolution-Permabull-Nio-e473tj • What's Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq • A Most Peaceful Revolution [Nic Carter] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm • Guy's Take - Revolution in the Protocol https://anchor.fm/thecryptoconomy/episodes/GuysTake_23---Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Bitcoin in Heavy Accumulation Part 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243---Bitcoin-in-Heavy-Accumulation-Part-1---Tuur-Demeester--Michiel-Lescrauwaet-e3tnic https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243---Bitcoin-in-Heavy-Accumulation-Part-2---Tuur-Demeester--Michiel-Lescrauwaet-e3u1gb If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we start our journey through the new report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. The monopoly being undermined, the technology that catalyzes the paradigm shift, the new economic class, and the new tools of self defense. Can these shed light on our own uncertain future? Find out in... The Bitcoin Reformation - Part 1 Links to the original works below. Don't forget to follow Tuur on Twitter as well for tons of amazing content and thoughts on the impact of this new economy. https://docsend.com/view/ijd8qrs https://twitter.com/TuurDemeester Plus the other great episodes mentioned in the commentary for more details on similar concepts: • Bitcoin, An Accounting Revolution https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_255---Bitcoin-An-Accounting-Revolution-Permabull-Nio-e473tj • What's Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq • A Most Peaceful Revolution [Nic Carter] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm • Guy's Take - Revolution in the Protocol https://anchor.fm/thecryptoconomy/episodes/GuysTake_23---Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Bitcoin in Heavy Accumulation Part 1 & 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243---Bitcoin-in-Heavy-Accumulation-Part-1---Tuur-Demeester--Michiel-Lescrauwaet-e3tnic https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_243---Bitcoin-in-Heavy-Accumulation-Part-2---Tuur-Demeester--Michiel-Lescrauwaet-e3u1gb If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Diving down the rabbit hole on the amazing privacy technologies in Bitcoin, what they are, how they can be used, and how it might change our interactions with the Bitcoin timechain in the future. Don't miss an awesome chat with Max Hillebrand! The many links discussed in this episode for tons of awesome tech to explore further.: Max Hillebrand's website and huge body of work: http://towardsliberty.com/ BitcoinOps Taproot Workshop https://github.com/bitcoinops/taproot-workshop/ Schnorr BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-schnorr.mediawiki Taproot BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-taproot.mediawiki Tapscript BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-tapscript.mediawiki --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of the Bitcoin system. Another excellent article breaking it all down by Aaron Van Wirdum, published at BitcoinMagazine.com, today we read & discuss: "Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin" https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin For a deeper dive into Taproot, check out the links provided at the bottom of the article. For more of Aaron Van Wirdum's excellent work in audio: • Our Chat with Aaron: https://anchor.fm/thecryptoconomy/episodes/CryptoChat_018---Investigating-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e • The "No Input Class" & Eltoo https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297---Simplifying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa • Statechains: Sending Keys, Not Coins https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_272---Statechains--Sending-Keys-Not-Coins-Aaron-Van-Wirdum-e4mue1 • Understanding Lightning Part 1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_047---Understanding-The-Lightning-Network-Part-1-e2ndtd • Understanding Lightning Part 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_048---Understanding-The-Lightning-Network-Part-2-e2ndt4 • Understanding Lightning Part 3 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_049---Understanding-The-Lightning-Network-Part-3-e2ndtc Grab a hard copy of the latest Bitcoin Magazine edition at their store below: https://store.b.tc/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today, Nik Bhatia takes us through a compressed history of the Dollar, Us Treasuries, and how we found ourselves in the current global financial mess. What are the safe-haven assets of the future, what will happen to the demand during these uncertain times, & what will be Bitcoin’s role? US Treasuries, Gold, & Bitcoin… The Triumvirate of Liquidity! Don't forget to drop some applause on the article below, check out the Tantra Labs blog, and of course, follow Bhatia on Twitter: https://medium.com/@TantraLabs/the-triumvirate-of-liquidity-4fe4ab48d120 https://twitter.com/timevalueofbtc Other episodes suggested from the discussion after the read, covering and going more in depth into topics previously on the show: • Lightning Tech in 2019 (Channel Factories) https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_248---Bitrefills-Hottest-Lightning-Tech-of-2019-e426ph • Stop Calling Bitcoin Deflationary [Conner Brown] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_314---Stop-Calling-Bitcoin-Deflationary-Conner-Brown-e8p1o3 • Deflation & Liberty [Hulsmann] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_278---Deflation--Liberty-Part-1---Jrg-Guido-Hlsmann-e4q6gc https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_279---Deflation--Liberty-Part-2---Jrg-Guido-Hlsmann-e4qpvp • World War B [Raleigh Meetup] https://anchor.fm/thecryptoconomy/episodes/CryptoChat_024---World-War-B-The-Raleigh-Bitcoin-Podcast-e8ci9m --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The much deserved Guy’s Take episode as a dedicated follow-up to the amazing work of "The Bitcoin Time Vol 1." There just wasn’t enough time to do it justice during the read, so today I give my take on the plethora of ideas conveyed in Alek Svetski’s awesome work! Don’t forget to listen to the audio if you haven’t yet! Part 1 and 2 linked below: Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_315---Blockchain-is-Dead---The-Bitcoin-Times-Vol-1---Part-1-Aleksandar-Svetski-e8r9ar Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_316---A-New-Monetary-Network---The-Bitcoin-Times-Vol-1---Part-2-Aleksandar-Svetski-e8rqi1 As I said, the ideas in this piece are many & very dense. We've had entire episodes expanding on these topics that are great for a deeper journey down the rabbit hole. Here are some links to those past works that will elaborate on the many topics. • Money blockchains social scalability https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066---Money--Blockchains--and-Social-Scalability-e2ndsj • Bitcoin can’t be copied https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 • Independent property rights https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225---Bitcoin--the-Promise-of-Independent-Property-Rights-Hasu--Su-Zhu-e3j6b8 • I, pencil https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123---I--Pencil-Leonard-E--Read-e2ndqm • How The Internet is Too Complex to Work https://anchor.fm/thecryptoconomy/episodes/GuysTake_008---The-Lightning-of-my-TCP--or-How-the-Internet-is-Too-Complex-to-Work-e32omd • Reckless to Wumbology - The Lightning Build Out https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_206---Reckless-to-Wumbology--The-Lightning-Network-Build-Out-Arjun-Balaji-e3235m • Origins of Money https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-Nick-Szabo-e2ndom • 7 Misunderstandings of Bitcoin’s Scaling Problem https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_038---7-Misunderstandings-of-Bitcoins-Scaling-Problem-e2ndtf --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Bitcoin is the first time we’ve combined Money as a unit, with Money as a Network, into one thing." - Alexsandar Svetski Dont miss part 2, the conclusion, of Aleks Svetski's excellent volume of "The Bitcoin Times." A new global monetary network, the future & potential of Lightning, the difference between money & payments, Bitcoin & the internet, investing in networks, "dumb" vs "smart," and so much more! Check out volume 1, and be sure to not miss out on the coming editions at the link below: https://bitcointimes.news/ For further reading and exploration of these ideas, check out the other links mentioned in today's read: https://hackernoon.com/why-bitcoin-matters-c8bf733b9fad https://hackernoon.com/homo-sapiens-evolution-money-bitcoin-33f69701de If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"When people get up and begin to talk to me about how they’re going to use the blockchain to solve supply chain, or whatever other (mostly ridiculous) idea they have, it reminds of someone who just discovered that limestone aggregate in concrete makes for better strength and better overall properties in concrete; so they then apply it to everything else: • They put some limestone in their green smoothie • On their avocado and toast • In their latte • As a back rub on their partner’s skin • And even as fuel in their car" - The Bitcoin Times, Vol 1 Jumping into a 2 part covering of the first edition of The Bitcoin Times by Aleksandar Svetski and the team over at Amber. "Blockchain is Dead!" - but what is blockchain? Isn't it a breakthrough innovation that can be applied to a plethora of important data sources all around the world? Listen to find out more! For more awesome content, be sure to follow Aleksandar on Twitter, check out the Amber app for simple Bitcoin buying, & see the awesome visual setup of "The Bitcoin Times" over at https://bitcointimes.news/ Don't forget to listen to the hilarious conversation we had with Aleks & the awesome guys from the Citizen Bitcoin Podcast at Bitcoin2019! https://anchor.fm/thecryptoconomy/episodes/CryptoChat_014---Aleks-Svetski-on-the-Death-of-Blockchain-e4gi7h And lastly, Conner Brown, the author of yesterday's piece "Stop Calling Bitcoin Deflationary" will be featured in the next volume of Bitcoin Times, so follow him as well so you don't miss the next edition. If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Another great piece from returning author Conner Brown on the false narrative of Bitcoin's "deflationary" problems. Not only does it not result in the many naive claims of the critics, its actually our best defense against those very concerns. An article & discussion full of digital gold, so don't miss it! Follow Conner Brown on Twitter and Medium so you don't miss his awesome insights, and if you enjoyed it, please drop some applause on the article below: https://medium.com/@Conner_/stop-calling-bitcoin-deflationary-84462cb90345 https://twitter.com/_ConnerBrown_ Mentioned multiple times in the show and a rabbit hole unto itself, don't forget to check out WTFHappenedIn1971.com If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The author of the incredible work we covered last week, Bitcoin: Sovereignty Through Mathematics, joins us on the show today to talk all about the foundations of his thinking, what sovereignty really means, why we should question our monetary priests, whether we are living in an Orwellian nightmare, or the new renaissance, human inability to understand complex systems, the gullible collective, & why we should all be more "posimistic." Don't miss a great chat with Knut Svanholm! Links to the tons of other content mentioned in this episode. • Nicosia Masters Program Q&A https://www.youtube.com/user/MScDigitalCurrency • Article: We Are All Venezuelans https://hackernoon.com/were-all-venezuelans-c3ac98354f52 • Hans Rosling's - 200 countries, 200 Years, in 4 Minutes https://www.youtube.com/watch?v=jbkSRLYSojo • TEDtalk: Building a Toaster From Scratch https://www.youtube.com/watch?v=5ODzO7Lz_pw • TBPAFK https://www.youtube.com/watch?v=eTOKXCEwo_8 • You Need to Know About August 1st https://medium.com/hackernoon/casual-bitcoin-users-you-need-to-know-about-aug-1st-d568e07418cb • Lure Out The Beast - Driven https://www.youtube.com/watch?v=ByTdQqVYUGM • Grokking Bitcoin - Kalle Rosenbaum Amazon.com... • Sovereignty Through Mathematics - Knut Svanholm Amazon.com... --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Another great chat with the Raleigh Meetup gang about the sorry state of US and global finances, the fall of the dollar empire, prices in the real and fake economies, and what a world war in the era of Bitcoin might look like! Don't miss the other great & many Bitcoin conversations had with the Raleigh Bitcoin gang. The link to check out the Meetup show and subscribe is below: https://anchor.fm/raleigh-bitcoin-meetup If you want to support this show & in addition, get access to the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is it the miners? The developers? The nodes? Who really defines Bitcoin, who establishes the rules that make it immutable, secures it against unwanted change, and determines the protocol that distinguish a random integer, from a true Bitcoin integer? A great piece by John Carvalho. One of the most succinct explanations on defining Bitcoin without any unnecessary technical confusion. A necessity for the Cryptoconomy Audio Library, and a wonderful follow up to the recent BTC vs BSV debate on the Hotep Jesus show. Don't forget to drop some applause on the original article below, and follow the author, @BitcoinErrorLog, on Twitter: https://medium.com/@BitcoinErrorLog/who-secures-bitcoin-95b19bbcda3c https://twitter.com/BitcoinErrorLog If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Closing the week with the incredible conclusion of Knut Svanholm's work! Don't forget to thank him for making this available to us and everyone for free, so we can all discover Bitcoin together. Another great addition to the Cryptoconomy Audio Library! • A new form of life • Is the blockchain the body of the organism? • The necessity of privacy • Why you should learn to surf • The long road ahead! Don't miss this amazing work! If you haven't listened yet, here is the full audio below: Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_308---Sovereignty-Through-Mathematics---Part-1-Knut-Svanholm-e7tak7 Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_309---Sovereignty-Through-Mathematics---Part-2-Knut-Svanholm-e7vgr1 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_310---Sovereignty-Through-Mathematics---Part-3-Knut-Svanholm-e8198t Part 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_311---Sovereignty-Through-Mathematics---Part-4-Knut-Svanholm-e851te If you want your own hard copy of the book don't forget it is available on Amazon: https://www.amazon.com/Bitcoin-Sovereignty-mathematics-Knut-Svanholm/dp/1090109911/ref=sr_1_1?keywords=sovereignty+through+mathematics&qid=1571692865&sr=8-1 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Chapters 8 through 11 continuing our unabridged audio of Knut Svanholm's excellent book on the Bitcoin phenomenon titled, "Sovereignty Through Mathematics." • Anyone can change Bitcoin's rules, but know one has been able to change Bitcoin • Bitcoin is the underlying invention behind blockchain, not vice versa • Money amplifies who we are • Is Bitcoin an environmental disaster, or its remedy? Subscribe to the show so you don't miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Another awesome read as we continue through Knut Svanholm's excellent book, "Sovereignty Through Mathematics." Part 3 goes into so many fascinating concepts on the nature of proof of work, and the zero-to-one invention of absolute digital scarcity. • Proof of Work in nature • Unforgeable Costliness • Absolute scarcity • Bitcoin's & marshmallows & much more! Don't forget to follow and give a shout out to the author for making this available for free to the Cryptoconomy crew! https://twitter.com/knutsvanholm Mentioned in the commentary: • Money, Blockchains, & Social Scalability https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066---Money--Blockchains--and-Social-Scalability-e2ndsj Subscribe to the show so you don't miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing through our unabridged reading of Knut Svanholm's excellent book available on Amazon, "Bitcoin: Sovereignty Through Mathematics." • The inevitability of human bias • The absurdity of fractional reserve • Dangers of collectivism • Bitcoin is Speech • The Immaculate Conception • And why decentralization is so damn hard! https://www.amazon.com/Bitcoin-Sovereignty-mathematics-Knut-Svanholm/dp/1090109911/ref=sr_1_1?keywords=sovereignty+through+mathematics&qid=1571692865&sr=8-1 Other episodes and works mentioned in the show to dive deeper into some of the fascinating ideas discussed in today's read & commentary: Why America Can't Regulate Bitcoin [beautyon_] - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_260---Why-America-Cant-Regulate-Bitcoin-beautyon_-e4b4s8 I, Pencil [Leonard Reed] - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_123---I--Pencil-e2ndqm Use of Knowledge in Society [F.A. Hayek] - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Subscribe to the show so you don't miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we begin through this weeks complete unabridged reading of Knut Svanholm's recent book available on Amazon, "Bitcoin: Sovereignty Through Mathematics." Another great piece to add to our audio library. • Everything we do is a trade • What is the impact of absolute scarcity, an idea we have never before seen manifested in society? • And are we all now financial atheists? Don't miss Chapters 1 & 2 today followed by a fun discussion of the ideas covered. https://www.amazon.com/Bitcoin-Sovereignty-mathematics-Knut-Svanholm/dp/1090109911/ref=sr_1_1?keywords=sovereignty+through+mathematics&qid=1571692865&sr=8-1 Subscribe to the show so you don't miss the rest of this amazing work as we read it this week. And if you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Does Bitcoin maximalism fail the test against the economics of Ludwig Von Mises & Charles Menger, both giants of the Austrian school? Have we sacrificed sound money by limiting block space? For a change of pace, today's read & discussion is on @SallyMayweather's article arguing the inevitable failure of BTC. http://saltheagorist.blogspot.com/2019/08/the-economics-of-btc-maximalism.html Don't forget to check out the amazing works of Menger & Mises to learn more: https://mises.org/library/origins-money-0 https://mises.org/library/principles-economics https://mises.org/library/theory-money-and-credit Let me know what you think, and join us in the Cryptoconomy Telegram to discuss with the rest of the crew! Become a supporter on Patreon to get access and also support turning all of the best articles in Bitcoin into audio! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"There is no more important long-term use of energy than securing the bitcoin network." Parker Lewis Want to know why? Then you will have to listen to this amazing continuation of the "Gradually, Then Suddenly" series by Parker Lewis on the Unchained Capital blog. With endless FUD about Bitcoin's energy consumption & a total ignorance of the most critical & herculean problem Bitcoin is attempting to solve, this article could not be more on point. Check out the blog for other great work, and follow Parker & Unchained Capital on Twitter so you don't miss their other great content! https://www.unchained-capital.com/blog/bitcoin-does-not-waste-energy/ https://twitter.com/parkeralewis https://twitter.com/unchainedcap You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Recently, a bit of Twitter drama has arisen from a post that started with @JWWeatherman_'s disclosure of a perceived critical bug in the Casa Node device. Today, to start off a discussion of home network security, what self-signed certificates do/don't guarantee, and the general trade-offs between security and usability, we read CasaHODL's blog post responding to JW's concerns, and then we get Guy's take on this as a Casa Node user. Decide for yourself and let me know what you think. Below is a link to the Casa Blog post, as well as JW's thread where he lays out his concerns: https://twitter.com/CasaHODL/status/1183491711328276480?s=20 https://twitter.com/JWWeatherman_/status/1183510441844195329?s=20 To stay up on all the crazy developments in the space, don't forget to subscribe to show! Disclaimer: Casa does not sponsor this show and has not contacted me about reading this post. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing the wonderfully fascinating piece from yesterday's episode, all about the dynamics & game theory at play in a hash war between Mars' Muskcoin, and Earth's Bitcoin; as well as the gold rush to colonize the galaxy and establish a new blockchain (or timechain), outside the pull of Earth's center of hash. Reading Part 2 of Dhruv Bansal's: Bitcoin Astronomy If you missed part one, listen to it here before diving into today's show: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_303---Bitcoin-Astronomy-Part-1---Dhruv-Bansal-e6eqo5 You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Equal parts entertaining & intellectually intriguing, we start with Part 1 of Dhruv Bansal's wonderful piece, Bitcoin Astronomy! The interplanetary center of hash, the Law of Hash Horizons, the Muskcoin Revolution, retaliation of the Bitcoin Empire, and the total economic devastation of the Hash Bomb! How could you not want to know more? Another one from the excellent content over at the Unchained Capital Blog: https://www.unchained-capital.com/blog/law-of-hash-horizons/ You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand, to a global monetary instrument with vast infrastructure, the highest market liquidity, demanded by billions, but that this could somehow occur *without* volatility in the price, is an absurd & deeply ignorant claim. Thoroughly debunked by Parker Lewis in the continuation of his amazing "gradually, then suddenly" series at Unchained Capital. Bitcoin is Not Too Volatile: https://www.unchained-capital.com/blog/bitcoin-is-not-too-volatile/ You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

freeross.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Following the anniversary of Ross Ulbricht's arrest, and the fall of the Silk Road experiment, we read a short but extraordinary piece, hand written in a cell by Ross, on Bitcoin's promise of freedom. What did those first adopters, when Bitcoin had no price and no market, what did they see in those digital bits? How did Bitcoin achieve its first value, and what did it mean for our world? Don't forget to go to FreeRoss.org and sign the petition to bring attention to his injustice. https://freeross.org And check out the amazing (and infuriating) series, Railroaded: The Targeting & Caging of Ross Ulbricht https://freeross.org/railroaded/ If you would like to support this show, become a patron & you will not only ensure I can keep making all of this content available, but you’ll also get to join the Cryptoconomy Crew in our Telegram group where we talk about all sorts of crazy stuff and get to share in this new world we get see grow. https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Quick Read #300!!! Hard to believe we have come this far withou the show. For this milestone it's time to take it back to the philosophical roots of the movement that lead to the community, the ideas, and the drive to create Bitcoin and the other tools enabling a future with a free, open, & global cryptoconomy! From the father of the crypto anarchist movement and from its very beginnings in 1988, today we read: The Crypto Anarchist Manifesto https://www.activism.net/cypherpunk/crypto-anarchy.html This isn't just a technology, it's a revolution. Tim May could see that truth from the very beginning. If you want to join in the Cryptoconomy Telegram and help support turning all of the best Bitcoin literature into audio, become a patron below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

An awesome discussion with the squad over at the Raleigh Bitcoin Podcast. Can anyone sensibly be both pro Bitcoin & pro big government? When, if ever, do we actually sell Bitcoin? And what's the price as the stock-to-flow approaches infinity? All this and so much more in a marathon chat with the Raleigh Bitcoin Meetup! Don't forget to subscribe to the meetup podcast at the link below: https://anchor.fm/raleigh-bitcoin-meetup If you want to join in the Cryptoconomy Telegram, chat with all the gang you can hear in this episode, & help support turning all of the best Bitcoin literature into audio, become a patron below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Finishing up our Lightning week on the show, I've got a Guy's Take on all the different applications I think are viable here in the early days of Lightning, and also what decentralized projects may make sense on Lightning, but are pointless as "utility tokens." • Sat4Ads (The real BAT) • Why utility tokens are backwards economics • Fold, BitRefill, & Lolli • Making Bitcoin bills make sense • Watchtowers for decentralized backups • A new e-commerce? & tons more! Here's some more great listens to go deeper down the rabbit hole with today's discussion: • Minimum Viable Decentralization [Simon Morris] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_228---Minimum-Viable-Decentralization-e3lfo9 • Estimating and Minimizing Consumer Worry [Nick Szabo] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_195---Estimating-and-Minimizing-Consumer-Worry-e2ndo7 • Richard Myers on a Lightning Powered Global Mesh https://anchor.fm/thecryptoconomy/episodes/CryptoChat_013---Richard-Myers-and-a-Lightning-Powered-Global-Mesh-e4e6ga If you want to join in the Cryptoconomy Telegram and help support turning all of the best Bitcoin literature into audio, become a patron below! www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future could look like. With Olympus, a new service from Jack Mallers & fam, getting a lightning balance and immediately spending it is as simple as the swipe of your debit card. Lightning is striking, and big things are brewing on the horizon. Check out the original article to see the video of Jack demonstrating the service & drop some major applause while you're there! https://medium.com/@JimmyMow/announcing-olympus-lightning-enabled-fiat-ramps-by-zap-1f5349a96ee9 Check out the new site & sign up for the Beta at the links below: https://www.zaphq.io https://fiattolightning.com If you'd like to support the Cryptoconomy Project and also join in on the fun in our Telegram group, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message