Bitcoin Audible

"Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are being built, and have been theorized that will enable previously unseen functionalities, robustness, and, ultimately, competition amongst Bitcoin financial intermediaries. Key to these novelties is the characteristic of peer-to-peer (“P2P”) exchange; that Bitcoin financial intermediaries will surely exist as commercial options, but that newly possible direct manipulation and exchange will exist as well." -Eric Yakes The future of Bitcoin remains uncertain in terms of scalability, privacy, storage, and payment applications. The application of cryptography to financial functions introduces novel technologies and potential competition among intermediaries. Can Bitcoin achieve true decentralization? Or will trusted third parties jeopardize the entire system? How will the balance between custodial and self-custodial options shape the future of Bitcoin? In Eric Yakes’ analysis, he explores the implications of the new financial paradigm we find ourselves in as Bitcoin continues to assert its dominance as an asset enabling true financial sovereignty. Check out the original article at: ⁠Banks Without Bankers A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold ⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of the broken and defeated Lightning network? I bet you did, but did anyone you heard it from actually know how it worked?... Probably not. That's what we dive into today, trying to make sense of the new Lightning exploit, how it works, the risk, and whether or not the sky is falling. Find out in today's Guy's Take episode. A shout out to Shinobi, Matt Corallo, John Carvalho, and numerous people on the mailing lists and other platforms who helped to throughly explain this bug so that I could make some sense out of it. Major thanks to our amazing sponsors who keep this show alive: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ Don't forget to check out Prodcast.io and keep an ear out for Lyn Alden's incredible book coming soon to Audible! ---------------------------------------------------------------------- "It is better to be hated for what you are, than to be loved for what you are not." — Andre Gide --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they wouldn’t raise rates after a massive monetary expansion, and then went on to raise them faster than at any time in U.S. financial history." — Mark Goodwin Today we have a very entertaining development thanks to the fools at the Federal Reserve Bank of Chicago. Bitcoin Magazine is being threatened with a lawsuit over t-shirts they are selling that mock the FEDNOW program that the Fed states "has built up substantial goodwill" and that these shirts and merchandise will cause "confusion, mistakes, and deception." No, this is not a parody, it appears to be real. So we pause our regularly scheduled programming today to explore this beautiful little moment in Clown World. Check out the original article at: Bitcoin Magazine A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------ "He knows nothing; and he thinks he knows everything. That points clearly to a political career." — George Bernard Shaw --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain... what if that was not only true, but that there were no limits? What if literally anything you could write into code, any program, app, game, theoretically even an entire operating system could be constructed such that its valid execution determined the ownership of Bitcoin? What if there were no limits, and you could build everything on Bitcoin? Today we dive into BitVM with Robin Linus and Super Testnet. A virtual machine built entirely in Bitcoin script, with no soft fork needed. This could change everything. Links for further exploring: - ⁠BitVM whitepaper⁠ - ⁠github.com/bitvm⁠ - ⁠GitHub - supertestnet/tapleaf-circuits: A proof-of-concept implementation of BitVM for bristol circuits⁠ - ⁠Telegram: Contact @bitvm\_chat⁠ - ⁠яobin linus (@robin\_linus) / X⁠ - ⁠Robin Linus⁠ Check out our awesome sponsors! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Federal Reserve to give into anyone or anything, let alone Bitcoin. Be honest, Bitcoin is surely not big enough to be a threat to the U.S. dollar. The United States is far more concerned with U.S. dollar dominance being threatened by, say, the Chinese yuan. Bitcoin on its own has not destabilized anything." — George Kaloudis Will the Federal Reserve be "reigned in" thanks to Bitcoin? Will the continued success of Bitcoin's growth and network effect mean that the Federal Reserve capitulates? That they admit the failures of their approach and start appeasing the sound money tropes and calls for austerity? George Kaloudis makes an entertaining case in today's read, that the answer is in fact, "No." Check out the original article at: https://bitcoinmagazine.com/markets/bitcoin-wont-fix-the-federal-reserve If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast Check out our amazing sponsors who make this show possible: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold ----------------------- “You only live once, but if you do it right, once is enough.” ― Mae West --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and implementation instead of a half-defined and vague concept. That is massive progress in terms of addressing Lightning's long-term scaling limitations." — Shinobi Today we dive into a cool proposal that takes advantage of covenants to build the first, practical implementation of a "lightning factory," or in other words, a way to create hundreds, even thousands of lightning channels taht exist entirely off chain and require only the most minimal footprint in the cases where things go wrong. Another great piece by Shinobi breaking down the technical developments that matter. Check out the original article at: Bitcoin Magazine If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast Check out our amazing sponsors who make this show possible: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- “To believe in something, and not to live it, is dishonest.” ― Mahatma Gandhi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use it, it's time to answer the most basic question for getting started... How do I get some Bitcoin!? Let's dive in with Bitcoin Basics episode 008. Wallets: getalby.com | Phoenix Wallet Nostr: primal.net Buy Bitcoin: Sign Up to Buy & Sell Bitcoin | River SwanBitcoin Strike FoldApp CashApp Other episodes: Basics_06 A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- "The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed." — Albert Einstein --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"After four years of work, James O'Beirne's assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is merged into Bitcoin Core." — Shinobi There has always been a gap between the sovereignty, privacy, and security of software, and the usability of it. But thanks to an enormous amount of work and brilliant developers, day by day that gap is getting smaller. Where the most secure tools, the most robust node setups, the non-custodial options, are getting easier, faster, and more responsive. Today we have an article by Shinobi on another seemingly small, but potentially very impactful development on bootstrapping a new node, with assumeutxo finally merged, into Bitcoin Core. If you want to know what that means, then don't miss this episode. Check out the original article at: Bitcoin Magazine A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- “Be yourself; everyone else is already taken.” ― Oscar Wilde --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment widgets vs. coding a node into an app. With the Breez SDK, Lightning beats fiat across the board. It’s faster to implement (as Ross says, “It’s like one or two API calls to set up a node, one to send a payment and one to receive payment”), cheaper to use, legally less complicated (check your jurisdiction), more private, and the UX is on par with fiat for the user and even better for the developers." — Roy Sheinfeld If you are curious what the future of lightning is going to look like, or exactly how huge the runway is for adoption and onboarding in the next bull run, then this short article detailing out a simple example will show you just how powerful the Breez SDK + Blockstream Greenlight combo really is. Non-custodial, always online, instant node setup, and zero channel or liquidity management. This is the culmination of everything built in lightning to date, and its going to be a game changer! Check out the original article at: Satimoto Is Beating Fiat with the Breez SDK | Breez Technology - https://medium.com/breez-technology/building-on-lightning-how-satimoto-is-beating-fiat-with-the-breez-sdk-88aa8252a994 Check out some of Roy's other great articles covered on the podcast: Read_701 - Lightning for Everyone in Every App Read_574 - Lightning & The Internet - Choosing the Right Path Read_732 - We Need More Apps With Lightning, Not More Lightning Apps Read_450 - Getting Lightning Ready for Global Takeover A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠ ----------------------------------------------------------------- "It takes considerable knowledge just to realize the extent of your own ignorance." — Thomas Sowell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being able to challenge a few steps of the computation on-chain if the other party asserts a dishonest outcome. In short, BitVM will bring arbitrary Turing-complete computation, in an enforceable way, to bitcoin itself – today." What if you could enforce the ownership of Bitcoin, with literally any code you could think of writing? That may just be possible, today, without any changes or soft forks to the underlying network, through a system of abstraction that cleverly, and verifiably, allows execution of completely arbitrary code within the Bitcoin script, which will determine the ultimate owner of any bitcoin balance. This, could be massive. A great piece from Shinobi explains, how and why it works... Check out the original article at: Bitcoin Magazine Links: Spiderchains: A proof of stake second layer for Bitcoin Read_734 - Introducing Ark [Burak] A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ----------------------------------------------------------------- “Nobody ever figures out what life is all about, and it doesn’t matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough.” – Richard P. Feynman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

I hope you listened to the recent read by Beautyon, Bitcoin and Software Reliability, because today we continue our FUD Relief series. I suspect you have heard the claim that "Bitcoin doesn't innovate" and that newer and shinier blockchains are destined to replace it. I explore this idea today and suggest that the very framing of the claim suggests they have misunderstood Bitcoin's highest value. I break it down in today's Guy's Take episode. Check out our amazing sponsors: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------ “The system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not.” — F. A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠ Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in re-decentralizing the web and how both Bitcoin and Ai are at the core of making it possible. Guest Links Follow Obi on X (Link: https://x.com/obi) Follow Fedi on X (Link: https://twitter.com/fedimint) Fedi Website (Link: https://www.fedi.xyz/) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Education & HomeSchooling Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)

Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in decentralising the web and how both Bitcoin and Ai are at the core of making it possible. This conversation was recorded for the AI Unchained podcast, but I decided to cross post it here since a lot of the conversation is themed around Bitcoin. Guest Links: Follow Obi on X: ⁠https://x.com/obi ⁠Follow Fedi on X: ⁠https://twitter.com/fedimint A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions of people and billions of fiat dollars. If it is possible to build a Bitcoin that cannot fail, that should be the goal, and no compromise should be acceptable." — Beautyon Before we get into a Guy'a Take to continue our FUD Relief series - addressing the failures to understand the value and purpose of Bitcoin - it's time to bring a brilliant piece back from the archive, update the audio and give some fresh commentary to set the stage for tackling another common misconception of "progress" when it comes to the bitcoin perspective. If there was a top tier of articles that are must-listens to grasp bitcoin, this would be in it. Let's dive in. Check out the original article at: Bitcoin and Software Reliability by Beautyon | Medium Don't forget to check out our amazing sponsors for the show: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------ "The only real voyage of discovery consists not in seeking new landscapes, but in having new eyes." — Marcel Proust --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as the ultimate shield against the inevitable reckoning that will shatter this illusion." — Theo Mogenet Today, we dive into another great piece from Axiom BTC on the mission to reprice the world in sats. We all understand the incredible benefit of Bitcoin as a long term store of value, and that's its monetary properties give it unique capacity for long term savings. However, too often we hear it is a disaster for short term cash balances. What if this wasn't true? What if there was a possible path to Bitcoin, actually being the *best* short term cash equivalent on a global scale, even *despite* it's volatility? If that intrigues you, don't miss this piece. Check out the original article at: Orange Is The New Green — Axiom Links: Read_750 - Capital in the 21st Century [Allen Farrington] Chat_80 - Building the Ark with Burak A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

What if we could mitigate the enormous centralizing effects of the massive server farms and huge corporate entities, by pooling the GPU power of the millions of users and tinkerers who have unused or regularly idle computational power, into a decentralized marketplace for buying and selling Ai execution, and we could power it all with instantly settled sats over lightning? It just so happens that we can, and this ambitious project is being brought to life with GPUtopia. Chris David from the project joins us today to break down the vision and how they hope to play a part in the decentralized future of Ai. Links mentioned Tinygrad.org (Link: https://tinygrad.org/) Inflection.ai (Link: https://inflection.ai/) Read_712 - Lightning Prisms [DerGigi]⁠ (Link: http://tinyurl.com/28v53jsn) ⁠Read_574 - Lightning & The Internet - Choosing the Right Path [Roy Sheinfeld] (Link: http://tinyurl.com/464xyars) Guest Links Christopher David on X (Link: https://twitter.com/AtlantisPleb) Christopher David on Nostr (Link: http://tinyurl.com/69hcjbkc) Founder of Open Agents (Link: https://openagents.com/) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: h...

In this episode, I talked with Zack ₿omsta, the visionary leader behind Pivotal Pleb. Pivotal Pleb is on a mission to level the playing field for decentralized miners. Zack shares insights into how their technology is driving decentralisation and empowering individual miners, allowing them to play a vital role in the Bitcoin network. Join us as we unravel the importance of accessible mining solutions and their impact on the future of Bitcoin. A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Today historians focus on the symptoms of Rome’s fall, the consequences: The moral decay, the economic decline, the fall in public safety, the multiplying plagues from dysfunctional public services, the hollowed-out military that ultimately invited barbarian invasions. But we know these well - in fact we're living through many of them. What's a lot more interesting is the why. Because that's how you stop it." — Peter St. Onge Are we living through the Fall of Rome? There are so many parallels with the United States empire today and the Roman Empire of so long ago that its hard to ignore. It's difficult to not think we will see the same fate when we experience so many of the same symptoms, with all of the same underlying causes. But do we have a way out? Is there an alternative? Peter breaks it down for us in another great piece, don't miss it. Check out the original article and Peter's amazing newsletter at: Are we Living the Fall of Rome? - Peter St Onge, Ph.D. Check out the other great episodes and resources discussed in the commentary: Chat\_81 - An Austrian View of US Collapse with Peter St. Onge - Bitcoin Audible | Podcast on Spotify Read\_602 - Bitcoin's Peaceful Revolution, A New Hope for Humanity [Peter St Onge - Bitcoin Audible | Podcast on Spotify Check out our amazing sponsors below! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction on to them. And paying your valued vendors in bitcoin is the opposite of mutually assured destruction–it's mutually assured survival." — Parker Lewis Ultimately, the decision to accept Bitcoin as payment will be driven by the fact that those merchants understand the value of Bitcoin and why it is expected to store value into the future. What does that mean for how we think about finding our way to a Bitcoin future? Parker Lewis is back with another great piece, on the "Pay Me In Bitcoin Theory." Check out the original article at: Pay Me in Bitcoin Theory The playlist to the entire Gradually, Then Suddenly series in audio: Gradually, Then Suddenly Series - playlist by Guy | Spotify Another great piece suggested in the commentary: Read\_724 - The Virtue of Selfishness - The Objectivist Ethic [Ayn Rand] - Bitcoin Audible | Podcast on Spotify. Check out our awesome sponsors at the links below: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠bitcoinaudible.com/nodeless⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠ --------------------------------------------------------------------------------------------- "If you want to change the world, start with yourself." — Mahatma Ghandi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Take the idea of proof-of-stake as a base layer consensus mechanism, and throw the idea away for right now. That's not what this is, and the problems that need to be solved to enable proof-of-stake as a second layer system instead of a stand alone base layer are not the same. #Proof-of-stake is essentially a #federation, but where anyone can join and can't be stopped from doing so, and with a mechanism to punish members for acting malicious. As a base layer that creates all kinds of existential issues, like the objectivity of a slashing penalty. Proof-of-stake as a second layer does not have that problem when the bonds for slashing are on the main chain, governed by proof-of-work." We have a new addition to the sidechain discussion with the announcement of "Spiderchains," a novel approach to the peg in/out model. Enalbing a proof of stake system that uses the underlying Bitcoin chain as the ultimate source of time and finality. The interesting thing? Not a single change to Bitcoin is necessary to make it work, so one way or the other, it's going to happen. Find out more... Check out the original article at: Spiderchains, a Proof of Stake L2 Lopp's Spiderchain Article: An Introduction to Spiderchain Bitcoin Audible: Read 562 - Only the Strong Survive - Part 1 [Allen Farrington & Big Al] You can support the show by checking out our sponsors! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠. Use my link to go to ⁠bitcoinaudible.com/nodeless⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold --------------------------------------------------------------------------------------- "If the doors of perception were cleansed, everything would appear to man as it is - infinite." — William Blake --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This has been one of the most effective psychological operations that has ever been conducted on the public in human history. The high priests of central banking started running with this narrative and people have come to believe that it is a law of physics. Economies cannot operate efficiently unless there is a steady flow of new monetary units being created and introduced to the economy. If new monetary units aren't being created people will hoard their money and grind the economy to a halt." — Marty Bent Today we take another angle of attack against the absurd notion that savers are the ones grifting from society, while the counterfeiters are doing a noble service to save us from the evil, ordinary citizens who have earned money and hope to keep it. Check out the original article and sub to Marty's Bent at: Higher Savings Rates Are Good for the Economy Mentioned in the take, you can find the new video Guy's Take series on Youtube or Rumble and by following me on Nostr and Twitter. A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ---------------------------------------------------- "I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we save means that their life will be so much the more abundant. Economy is idealism in its most practical form." — Calvin Coolidge --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we sit down with Utxo, founder of Nodeless, on understanding the design space for Bitcoin services, the challenges of making Bitcoin accessible and streamlined for everyone, and a vision of how the future may unfold. Don't forget to check out Nodeless.io/guy and if you setup your donation page, post it on social, and tag me, I'll be your first 10,000 sat donation! And don't forget to check out our incredible sponsors and their offers for the audience! • The easy, KYC free integration for Bitcoin and Lightning into everything online with ⁠https://nodeless.io/guy⁠ • 100k FREE sats by simply signing up with my link below: ⁠https://bitcoinaudible.com/Fold⁠ • And you can get 9% your bitcoin hardware wallet to keep your BTC savings secure with code BITCOINAUDIBLE if you go to: ⁠https://bitcoinaudible.com/coldcard⁠ ------------------------ "There are no solutions. There are only trade offs." — Thomas Sowell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"It means that, given an open-source model, this could help bring about the ability to: Independently calculate the price of bitcoin using only your full node at any block height Develop genuine DeFi applications without the need for (or without sole reliance upon) trusted third-party price oracles" — Daniel Hinton & Steve Jeffress What if we could know, within a 1% precision, what the price of Bitcoin is, by only using your full node, and no other source of data? How useful could that be in protecting you from false data streams, or for building applications and decentralized marketplaces that could hedge and settle capital in BTC, according to its USD value? If you've been excited about potential solutions to the decentralized market problem, UTXOracle is not one to dismiss. Check out the original article at: The UTXOracle Model Links: utxo.live - suredbits A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- “No great discovery was ever made without a bold guess.” ― Isaac Newton --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

A deflationary money is going to destroy the economy! If the value of money keeps going up, then no one will ever spend it! If no one spends it, then the economy will fall into a depression and it will never escape... at least, this is what we are told. How is it that a sound money system with no special privilege and with no printing machine has been equated with the collapse of the economy? How is it that stuff getting more affordable, has been equated with nobody ever buying anything? How have we been led to believe, that someone else's monopoly privilege to print OUR money, is the SOURCE of our wealth and prosperity? What if, and hear me out, deflationary money is a boon to the economy, is a huge boost to economic activity, and that a sound money doesn't even go up in value, unless real growth is actually occurring? And what if we could frame this in such a way that it is completely self-evident and sitting right in front of us all the time? It's time for a Guy's Take episode, the second in the FUD relief series, "But Deflation is Bad…” Links mentioned in the show: WTF happened in 1971 Why your dollar ain't shit A huge thanks to our sponsors! Do not forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: ⁠⁠bitcoinaudible.com/fold⁠⁠ ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at ⁠⁠https://swanbitcoin.com/guy⁠⁠ ------------------------------- “I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.” ― Thomas Jefferson --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Everything about the concept of a social network and the incredible potential and beauty of #nostr as a protocol is in controlling your experience, what content you see, and how you see it. This is literally the entire point of having follows, followers, and reposts in the first place. It's at the core of the very notion of what social media is." — Guy Swann Should we be running from the dreaded "algorithms" of social media giants, or should we be thinking about them differently? A short article exploring a big opportunity in decentralized social protocols. Subscribe so you don't miss the FUD Series Guy's Take coming up soon. Check out the original article at: Habla A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- '“Be yourself; everyone else is already taken.” ― Oscar Wilde --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definition) of the security model that they provide for the historical data in the ledger." — Jameson Lopp Today we have another blast from the past with a deep dive into Bitcoin's security model from Jameson Lopp. The most fascinating thing about this piece is that if understood properly, it gives understanding into why many of the following years in Bitcoin played out the way they did. If you want to truly understand Bitcoin, this needs to be part of your reading list. Check out the original article at: ⁠Bitcoin’s Security Model: A Deep Dive Links: Anatomy of Proof of Work [Part 1 - Hugo Nguyen] A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- “I don’t know anything, but I do know that everything is interesting if you go into it deeply enough.” – Richard Feynman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"I believe it’s important to go back to what this sovereignty is made of. Bitcoin works because an economic majority is aligning incentives for every constituent of the network. The longer tail of the economic distribution may choose to run a node and validate consensus but ultimately consensus follows the money." — ⁠ Alex B. Today we close out the lengthy back and forth over the evolutionary path of Bitcoin to a billion + users. Alex B brings us a great followup with a less technical and more abstract understanding of the security model of Bitcoin itself and collaborative custody, through the lens of the economic majority enforcing the honesty of all players. Don't miss another great read. Check out the original article at : ⁠A sound Bitcoin financial system. A sound Bitcoin financial system | by Alex B. | Aug, 2023 | Medium Links to the other articles in this series and those mentioned in the Guy's Take: Read_760 - Drivechain's Place in Bitcoin's Future - Bitcoin Audible | Podcast on Spotify Read_758 - Scaling and Consensus Changes [James O'Beirne⁠] - Bitcoin Audible | Podcast on Spotify] Read_757 - Putting the B in BTC [Anthony Towns] - Bitcoin Audible | Podcast on Spotify Read_755 - Drivechains - Bitcoin Audible | Podcast on Spotify Chat_80 - Building the Ark with Burak - Bitcoin Audible | Podcast on Spotify A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- “Man cannot discover new oceans unless he has the courage to lose sight of the shore.” ― Andre Gide --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"To not die, Bitcoin must become more used. The current thesis accepted by most “maximalists” is that Bitcoin will continue to be thought of as an investment and its price will keep increasing, the price movements will bring more attention to it in a virtuous cycle. Eventually enough people will want to hold it so they will start accepting it as a payment for goods and services and then it can start to be used as money." Today we dive into Fiatjaf's contribution to the sidechains, drivechains and scaling bitcoin to billions series as a follow up to James Obeirne's piece. Bitcoin can still fail, but what would make bitcoin fail and how can we avoid it? Is there a solution we've been sitting on untapped? Could drivechains prevent the undesirable future where the whole world simply ends up trusting custodians? Let's explore in today's episode. Check out the original article at: ⁠ The place of Drivechain in Bitcoin’s future – Fiatjaf If you haven't been following this article series, then don't forget to check out last few reads for context at the links below: James OB - Anthony towns - Blockstream - Drivechains Check out our awesome sponsors and the offers they have for the Audible crew! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- "One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain." — Thomas Sowell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Often overlooked is the importance of interoperability between not only the second-layer protocol and Bitcoin but the layer-2 protocols themselves. A second layer, where end-users can leverage several protocols together and move seamlessly between them, creates a healthier, more resilient financial system and an overall better user experience—both essential for mass adoption."— ⁠Chase Smith Today we shift back to the current layer 2 protocols to take note of the tools and ideas around making the entire ecosystem interoperable. How do we make Fedimint, Liquid, Lightning, and Bitcoin on chain all work seamlessly to give the user the greatest benefits of each without needing the complications Check out the original article at : Blockstream - ⁠Increasing Interoperability Between Bitcoin’s Second-Layer Protocols Follow Guy and Chase on Nostr. Find out about the Breez SDK and Making Every App a Lightning App in preparation of our chat with Roy: Read_732 - We Need More Apps With Lightning, Not More Lightning Apps [Roy Sheinfeld] - Bitcoin Audible | Podcast on Spotify A great way to support the show is to check out our amazing sponsors: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- “The worthwhile problems are the ones you can really solve or help solve, the ones you can really contribute something to. No problem is too small or too trivial if we can really do something about it.” – Richard Feynman --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"When reading a draft of this post, my wife got kind of depressed right around here. Her macabre question, basically, is: “if everyone just winds up interacting with sidechains, and not Real Bitcoin, hasn’t the whole thing failed? At every point you’re dealing with some token that isn’t really bitcoin." — James O'Beirne⁠ Continuing the thread of discussions in a series of articles on sidechains and trying to frame our thinking for a Bitcoin future where billions can take advantage of its sovereignty, inflation resistance, and security, we dive into James O'Beirne's follow up to Anthony town's article in read 757. If we are all stuck in sidechains and semi-custodial systems, then did we actually fix anything, or was the whole idea a failure from the start? Check out the original article at : Thoughts on scaling and consensus changes (2023) - Protocol Design - Delving Bitcoin If you missed the previous episode, it lays important context for today's read: Read 757 Don't forget to check out our amazing sponsors! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- "The chief evil is unlimited government…nobody is qualified to wield unlimited power.” — F.A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to quickly resolve transaction storms. And that will in turn make it hard and expensive for people with small stacks to continue to do self-custody on the main chain. At that point, acquiring new high value users means pricing out existing low value users." — Anthony Towns It's officially Sidechain Week! Because today Anthony Towns takes us through an thought experiment that sets our current best understanding of the scaling problem and the best technological path we have to solve it, as a foundation to see what a Bitcoin future with billions of users really looks like, and what we should expect in the transition to that future. A great piece that will be very useful for our continued discussion of the tools we have to conquer this problem. Check out the original article at : Putting the B in BTC Links: - Anthony Towns Twitter - Guy's Take #55 - On the Economics of CTV Batching, & Where I was Wrong - Bitcoin Audible | Podcast on Spotify - Want to get a head start on a coming read? Thoughts on scaling and consensus changes (2023) - Protocol Design - Delving Bitcoin - Towns' piece on what the key values of Bitcoin are: Inamerrata » Blog Archive » Zeitgeist. A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠⁠ ------------------------- "Don’t underestimate the power of vision and direction. These are irresistible forces, able to transform what might appear to be unconquerable obstacles into traversable pathways and expanding opportunities. Strengthen the individual. Start with yourself. Take care with yourself. Define who you are. Refine your personality. Choose your destination and articulate your Being. As the great nineteenth-century German philosopher Friedrich Nietzsche so brilliantly noted, “He whose life has a why can bear almost any how." — Jordan B. Peterson --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"While bitcoin is still mainly seen as digital currency, it’s essentially a timestamped log with special properties. As such, it can be utilised for far more things than payments and store of value. I presented some of the alternative uses several years ago and the list continues to grow. Brian Deery, chief scientist at Factom, wrote an excellent history of time-stamping, in which he argues that a secure timestamped record wasn’t feasible before the existence of secure digital value." — Jameson Lopp Today we dive into another great piece from Jameson Lopp that takes us back to 2016 on understanding the value of Bitcoin's creation of its own sense of time, how it accomplishes it, and why its the most secure blockchain. Check out the original article at : Bitcoin: The Trust Anchor in a Sea of Blockchains A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠⁠ ------------------------- "We can only see a short distance ahead, but we can see plenty there that needs to be done." — Alan Turing --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

With so many common misconceptions about money, how can we possibly make sense of Bitcoin for customers who have spent their entire lives using only a single product, and know almost nothing about it? Without even a means to compare one "product" to another, where do we start? Most only understand money from the context of its network utility - ie. How many places can I spend it at - and have no foundational to make a judgement of its *quality,* which must come before its network adoption. We have quite the uphill battle, but we can address the most common mental blocks by reframing the way to look at it. Today we begin our "FUD Busting" Guy's Take series #69 - "But It's Just Digital Points..." -Subscribe to the Youtube channel and my other work on Ai Unchained at the link below: Guy Swann - YouTube Don't forget to follow me on Nostr, and please provide any comments or feedback for the show. It's highly appreciated! A huge thanks to our sponsors! Do not forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: ⁠bitcoinaudible.com/fold⁠ ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at ⁠https://swanbitcoin.com/guy⁠ ------------------------------- "A man will be imprisoned in a room with a door that's unlocked and opens inwards; as long as it does not occur to him to pull rather than push." — Ludwig Wittgenstein --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"A successful blind merge mined sidechain with significant MEV opportunities could offer Bitcoin significant benefits, which could more than offset the disadvantages." - "Blind merge mining works by a third party running the sidechain, building sidechain blocks and receiving the sidechain fees. This entity then creates a Bitcoin transaction, which passes on these fees to the Bitcoin miners in the form of Bitcoin transaction fees." — ⁠Bitmex research A trustless, high assurance means of moving Bitcoin into, and out of a side-chain, is essentially the holy grail of Bitcoin scaling. It would change the game and potentially be the last piece of the puzzle for a global, interoperable Bitcoin ecosystem where the entire world could truly and completely "hold their own keys." Are Drivechains the best solution, or is it lacking? The always thorough, Bitmex Research covers a great piece on the ins and outs of Paul Sztorc's Drivechain proposal which he has unrelentingly supported for nearly a decade now. Find out in today's show! Check out the original article from Bitmex research: ⁠Drivechains A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠bitcoinaudible.com/coldcard⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠Nodeless.io/guy⁠⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------- "Visions are worth fighting for. Why spend your life making someone else's dreams?" — Tim Burton --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

We have an incredible chat today with Pablof7z who is on a mission to make Nostr the global, decentralized marketplace. With highlighter for integrated, universal note taking, data vending machines for micro tasks and shared computing, and using Ai to bring new services and coordination to the ecosystem. Pablof7z dedicates all of his time to building the future. Don't miss our chat in diving down the rabbit hole with him. Links for the many things discussed in the show: • An open system for note taking & sharing - https://highlighter.com/ • Obsidian for organizing them - https://obsidian.md/ • IFTTT for nostr publishing - https://ananostr.com/ • Links to his numerous other projects here - https://pablof7z.com/ Follow Pablo on Nostr - gotnostr.com/pablo Follow Guy on Nostr - npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev And don't forget to check out our incredible sponsors and their offers for the audience! • The easy, KYC free integration for Bitcoin and Lightning into everything online with https://nodeless.io/guy • 100k FREE sats by simply signing up with my link below: https://bitcoinaudible.com/Fold • And you can get 9% your bitcoin hardware wallet to keep your BTC savings secure with code BITCOINAUDIBLE if you go to:

Today we delve into a captivating topic, as we explore the potential relationship between AI and evil. My guest Dhruv Bansal brings his profound insights to the forefront as we navigate the depths of this subject. We contemplate the ethical dilemmas that arise when intelligence is harnessed for destructive purposes, and Dhruv expertly unpacks the intricate interplay between AI intelligence, good, and evil, leaving us with a lot to consider about its impact on our lives and the broader world. We go deep as we strive to discern the true nature of intelligence and its potential ramifications on our collective humanity. Guest Links Dhruv on X (Link: https://twitter.com/dhruvbansal) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Education & HomeSchooling Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)

"Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more likely than not, they’ll tell you the world’s oldest cryptocurrency is, in fact, ‘not crypto’ at all. The refrain can be confusing: clearly, bitcoin pioneered the use of cryptography – an ultra-secure type of encryption – with the aim of creating a digital currency. Bitcoin is the archetypal crypto. And yet, in the context of how the digital asset marketplace has evolved since 2009, when bitcoin was created, it’s easy to see why maximalists distance themselves from the more generic term" — Martin Leo Rivers Today we cover some interesting developments from the regulatory landscape. The SEC has officially made statements suggesting that everything in crypto except Bitcoin, is in fact, a security. What does that mean for the space in general, and why is this refrain so common among bitcoiners? Find out in today's read and Guy's take. Check out the original article: Bitcoin Is Not Crypto, The SEC Confirms A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠bitcoinaudible.com/coldcard⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠Nodeless.io/guy⁠ Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠bitcoinaudible.com/fold⁠ ------------------------- "Life without liberty is like a body without spirit." — Kahlil Gibran --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Bitcoin is often referred to as a secure timestamping service. We never had a global record of truth with trustworthy timestamps, so how did this come about? It’s generally due to Proof of Work being combined to a few simple rules by which miners must abide." — Jameson Lopp Can Bitcoin's sense of time be broken? The security and probabilistic assurances of Bitcoin seem simple on their face, but when you dive a little deeper, there is so often tons of nuance and quiet brilliance to unpack around even a seemingly simple element, like recording what time the block was produced. Jameson Lopp brings us another excellent deep dive into the nature of Bitcoin as a secure timestamp server. What it means, how reliable it truly is, and what it looks like when it breaks. Check out the original article: Bitcoin Timestamp Security A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠ Debit card with Sats Back on EVERYTHING: ⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠ Buy Bitcoin at ⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠ ------------------------- “When you want to know how things really work, study them when they're coming apart.” ― William Gibson --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Bitcoin represents the explicit encoding of previously implicit values of the tech community. It's not just software — it is a Schelling point and a symbol. As such, it will become widely recognized as the flag of technology over the course of the 2020s." — ⁠Balaji S. Srinivasan Today we cover another read from Anil's Bitcoin Essentials list, this time from Balaji Srinivasan. Balaji has a way with words and always brings a unique, high level mental frame to how the world is unfolding. He seems to have a gift of talking about the current state of the world, as if he is seeing it through the lens of history. With that perspective, he examines the aggressive technological shifts and the Bitcoin system to parse out the values of each, and explain, in his words, why he believes Bitcoin will become the flag for the technological revolution. Check out the original article: Bitcoin becomes the Flag of Technology Links: Anils reading list: Essential Bitcoin Essays: A Reading List Link to rap battle: Bitcoin Rap Battle Debate: Hamilton vs. Satoshi (BITCOIN GIVEAWAY) [feat. EpicLloyd, TimDeLaGhetto] - YouTube Balaji's Twitter: @balajis A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠https://bitcoinaudible.com/coldcard⁠⁠ Debit card with Sats Back on EVERYTHING: ⁠⁠bitcoinaudible.com/fold⁠⁠ Buy Bitcoin at ⁠⁠https://swanbitcoin.com/guy⁠⁠ ------------------------- --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Some networks are “smart.” They offer sophisticated services that can be delivered to very simple end-user devices on the “edge” of the network. Other networks are “dumb” — they offer only a very basic service and require that the end-user devices are intelligent. What’s smart about dumb networks is that they push innovation to the edge, giving end-users control over the pace and direction of innovation. Simplicity at the center allows for complexity at the edge, which fosters the vast decentralization of services.Surprisingly, then, “dumb” networks are the smart choice for innovation and freedom." — Andreas Antonopolous Today we read another "Bitcoin classic" that deserves a place on the Bitcoin Audible catalog. Back from 2015, Andreas writes an incredible piece, still fundamental to understanding Bitcoin and the nature of decentralization to this day, why "dumb" networks are better. What does he mean by this, and why would a dumb network foster innovation, where a smart network stifles it? Don't miss this essential piece of Bitcoin history. Andreas' Website: https://aantonop.com/ Anil's reads list: Essential Bitcoin Essays: A Reading List Check out the original article: ⁠Decentralization: Why Dumb Networks Are Better⁠ - Foundation for Economic Education⁠ A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠https://bitcoinaudible.com/coldcard⁠ Debit card with Sats Back on EVERYTHING: ⁠bitcoinaudible.com/fold⁠ Buy Bitcoin at ⁠https://swanbitcoin.com/guy⁠ ------------------------- “Liberty is not merely one particular value…it is the source and condition of most moral values. What a free society offers to the individual is much more than what he would be able to do if only he were free.” — F.A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The obsession with consumer payments in the Bitcoin community is an unfortunate relic of the fiat money era. Generations that have only known monetary hot potatoes that need to be spent before they devalue have come to view life as a quest of mass consumption." — Saifedean Ammous Today we hit an historical piece from the one and only Saifedean on the economics of Bitcoin for global settlement. While so many fail to recognize the deeper value of money, rather than the shallow service of payments, Saif breaks down the fundamental value of Bitcoin's incredible settlement assurances, and the economics that will dominate the system's use in the future. A classic from the Nakamoto Institute. PS. Yes, I know I skipped a number so we are fixing that today. XD Heck out the original article plus the incredible list of phenomenal knowledge available at the Nakamoto Institute: https://nakamotoinstitute.org/mempool/economics-of-bitcoin-as-a-settlement-network/?ref=teachingbtc.com Anil's reads list: Essential Bitcoin Essays: A Reading List A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold Buy Bitcoin at https://swanbitcoin.com/guy ------------------------- "Nowadays people know the price of everything and the value of nothing." — Oscar Wilde --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"To do our best to minimize the economics jargon once again, we might simply ask: what are you going to do with your time? Are you going to create or consume? And how do the characteristics of money, as the salable representation of that time, influence your decision? I sincerely believe that this is the killer app for Bitcoin: pricing capital. If there were ever a time to say that Bitcoin Fixes This, here it is." — Allen Farrington On the announcement of AxiomBTC, Allen Farrington writes an incredible introductory paper on the concept behind their project and what the true purpose and power of Bitcoin really is. This is how we take Bitcoin into the future, this is how we let Bitcoin allocate resources to fix the problems of our fiat world. And don't miss the intense Guy's Rant that Allen's work always seems to inspire... Check out the original article at: Capital in the 21st Century — Axiom A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold Buy Bitcoin at https://swanbitcoin.com/guy ------------------------- "Growth for the sake of growth is the ideology of the cancer cell." — Edward Abbey --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this history, we can understand the motivations behind the movement that spawned bitcoin and share its vision for the future." Context matters. If you don't know the history of the cypherpunks and where we are coming from. Then you may not really know where we are today. Listen to Lopp's amazing piece from 2016, Bitcoin & the Rise of the Cypherpunks. Check out the original article at: Bitcoin and the Rise of the Cypherpunks A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy ------------------------------- “All political theories assume…that most individuals are very ignorant. Those who plead for liberty differ…in that they include among the ignorant themselves as well as the wisest.” — F.A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current Japan, who is frankly in the final stages of circling the drain (e.g., central bank asset purchases and yield curve control). Where is the US now? 129% debt-to-GDP." — Jesse Myers Don't miss this excellent breakdown and visual analogy for the state of government debt and the promises of the US Treasury and the impossibility of a stable or growing value of the dollar in the future. The debt will be paid, in nominal terms, but the ability to hide the value loss in inflation overseas, is not holding up. Then add to this the BRICS nations establishing an eastern block of economic and monetary power... and you have a recipe for fire. Hope you aren't invested in wood... Check out the article and the many other great links mentioned in the show: The Bondholder's Burning Platform - by Jesse Myers: https://www.onceinaspecies.com/p/the-bondholders-burning-platform The Capital Strip Mine: https://open.spotify.com/episode/6ifbWDnYHRGxrhd1NPv4BS?si=4da8844065a74db1 Read_587 - Bitcoin & The American West: https://open.spotify.com/episode/0yEVCnBkTHT4IL01hEwTGe?si=c131120a77d34283 Read_512 - Why The Yuppie Elite Dismiss Bitcoin: https://open.spotify.com/episode/0opbypclyNDF1GtwiL6Nbo?si=7d426c81415a43b8 A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy ------------------------------- "All that is gold does not glitter, Not all those who wander are lost." — J.R.R. Tolkien --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Ai agents are going to be able to seek out, delegate, and pay for micro services from an ecosystem of other agents & services. But the resources being share will be delivered instantly, and irreversibly in the form of compute cycles. Only an instant, bearer, and irreversible payment method that scales massively will be able to meet the demands and provide a backbone for the economy of Ai exchange. In this Guy's Take episode, I argue why I think Lightning is going to eat ALL of this ecosystem, and why fiat is incompatible. This is Guy's Take #68 - Lightning & the Ai Economy... Definitely don't miss the conversation that got me headed down this rabbit hole on Ai Unchained: https://youtu.be/hI19IaODZPA Bobby's thread with further links to explore on Twitter: https://twitter.com/iBobbyShell/status/1671485924218228737?s=20 More resources to explore on this topic: https://lightning.engineering/posts/2023-07-05-l402-langchain/ A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy ------------------------------- --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was a bold and risky action. Never before had a colonial state defeated its overlord, especially at the apex of its global power." — Alex Gladstein For Independence Day and for all those travelers out there I'm bringing back an absolutely amazing piece by the one and only Alex Gladstein. If you haven't heard it, then you are welcome for bringing it back. If you have heard it already... then you are welcome for bringing it back Link to the original where you'll also find Gladstein's other great works: https://bitcoinmagazine.com/culture/bitcoin-and-the-american-idea HAPPY 4TH! A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • Debit card with Sats Back on EVERYTHING: bitcoinaudible.com/fold ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy ------------------------------- “The price of freedom is eternal vigilance." — Thomas Jefferson --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"So we had built this for a while, but because API calls are basically free, there really wasn't a good match for it. There were some good matches for it and people would do it, but as they were doing it, it was like 'I can do it this way, but I can also do it with dollars.' This is kind of a really interesting paradigm when it comes to Ai stuff is that there's basically 3 or 4 different aspects of Ai that make it so you cannot use credit card relationships to solve the monetization problems there. But you can with Bitcoin and Lightning as it exists today, not requiring any changes to the protocol..." ~ Kody Low Today we dive into an incredible conversation with Kody Low from Fedi, who is hosting the Ai4All hackathon and believes he has found a solution to an increasingly huge, and seemingly impossible problem within Ai, that you can no longer distinguish human from robot online. What happens when Ai can create an infinite number of new identities? Is this the end of the open internet? find out in this awesome episode. Links to the content mentioned on the show to check out Andre Karpathy - Let's build GPT: from scratch, in code, spelled out (Link: https://www.youtube.com/watch?v=kCc8FmEb1nY⁠⁠) Brian Roemmelle on X (Link: https://twitter.com/BrianRoemmele) ChatGPT and the Dawn of Computerized Hyper-Intelligence | Brian Roemmele | EP 357 (Link: https://www.youtube.com/watch?v=S_E4t7tWHUY⁠⁠) GPT4ALL - A free-to-use, locally running, privacy-aware chatbot. No GPU or internet required (Link: https://gpt4all.io/index.html) Fedi - Community money, chat, and more (Link: https://www.fedi.xyz/) Stakwork.ai - With business process automation that integrates an always-on network of cloud sourced workers, it doesn’t have to. | Stakwork | A New Way to Get Work (Link: https://stakwork.ai/) Join the Hackathon! Follow everything going on in the Ai4All tournament or become a builder yourself (Link: http://tinyurl.com/35yzcn9b) Guest Links Kody Low on X (Link: https://twitter.com/kodylow) 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) ...

"Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accountants, teachers, firefighters and politicians, sit in their chairs, sometimes for hours. It is likely that no one else in your sphere of influence has the amount of time and trust to help others learn about and understand Bitcoin." — Hector Alvero We dive into a great, succinct Bitcoin Magazine article today on a surprisingly ripe, yet untapped resource for orange pilling. By focusing on the cultural mavens, those with the broadest networks and a unique environment for sharing ideas, could there be a shortcut to hyperbitcoinization? Hector makes a decent case that there might jsut be... • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- “That is the paradox of the epidemic: that in order to create one contagious movement, you often have to create many small movements first.” ― Malcolm Gladwell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

We recently had Aleks Svetski back on at Ai Unchained to discuss the project we hinted at in episode 2 that he made public at BTCPrague. The Spirit of Satoshi. A bitcoin centered, custom built LLM intended to encompass the bias, and the perspective of Bitcoin, cypherpunk, Austrian economic point of view. And why this explicit bias is actually a massive feature of Ai that the establishment has misunderstood. Don't miss it. Don't forget to check out the launch page: https://spiritofsatoshi.ai/ And you can get 9% your bitcoin hardware wallet to keep your BTC savings secure with code BITCOINAUDIBLE if you go to: https://coldcard.com And don't forget to check out Ai Unchained if you haven't. There will be much more content available on the youtube channel with tutorials and breakdowns of various tools I make use of in the future. Subscribe and stay tuned: https://www.youtube.com/channel/UClG-wqz-OuXfzbpqwJd3fVA --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Neither a startup nor a bank will ever be able to cost-effectively compete on a global scale with the Lightning Network." — Graham Krizek Today we hit a really interesting piece from the founder and CEO of Voltage digging into the recent decades development of every tech company moving to in-house financial instruments and cards. What the problems are that they have sought to get around, why they still get stuck with a plethora of other banking intermediaries, and why lightning not only offers very unique solutions, but also benefits that the fiat alternative can't fundamentally do. Lightning feels like its positioned for another exciting period of growth. Don't miss this short read from Krizek followed by a Guy's Take on why every company, will be a lightning company. Link to the article on Medium, Every Company Will Be A Lightning Company | by Graham Krizek: https://medium.com/@graham_krizek/every-company-will-be-a-lightning-company-806576920064 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev • Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ • 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠ ------------------------------- "Rather than love, than money, than fame, give me truth." — Henry David Thoreau --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message