The Power of Timelocking with Peter Dunworth - Freedom Footprint Show 30

<p>In this episode, we're joined by our friend Peter Dunworth, bitcoiner and financial advisor from Sydney, Australia</p> <p>We’ll get to know Peter and his experience introducing people to bitcoin in his day to day life, and we cover a whirlwind of interesting topics: from bitcoin’s immutable ledger and its informational nature, to the importance of self custody and the Time locking function of bitcoin.</p> <p>Connect with Peter on Twitter: <a href="https://twitter.com/dunworth_peter">https://twitter.com/dunworth_peter</a></p> <p>Check out Peter's website for his advisory services: <a href="https://www.thebitcoinadviser.com/">https://www.thebitcoinadviser.com/</a></p> <p>Peter's brother Michael's article on Timelocking: <a href="https://bitcoinmagazine.com/culture/bitcoin-is-time-traveling-energy">https://bitcoinmagazine.com/culture/bitcoin-is-time-traveling-energy</a></p> <p>00:02:29 - Welcoming Peter Dunworth and Discussing Bitcoin Alive Conference</p> <p>00:07:25 - Knut's First Conference (And Richard Heart Experience)</p> <p>00:11:16 - Leaving a Legacy Visible on Bitcoin</p> <p>00:14:40 - The Collective Knowledge of Bitcoin</p> <p>00:19:06 - Bitcoin Incentivizes Collaboration Not Competition</p> <p>00:21:35 - (Late) Introduction to Peter Dunworth</p> <p>00:27:10 - Understanding Everything Divided by 21 Million</p> <p>00:33:31 - Falling Down the Rabbit Hole</p> <p>00:37:52 - Peter's Bitcoin Story</p> <p>00:43:29 - Knut's Praxeology Book</p> <p>00:49:28 - Timelocking - Bitcoin's Cold Storage Super Power</p> <p>00:57:43 - Timelocking As Collateral</p> <p>01:00:14 - Bitcoin Can Only Change for the Better</p> <p>01:06:22 - The Implications of Timelocking</p> <p>01:11:34 - Timelocking As Schrödinger's Bitcoin - Defense Against Quantum Attack</p> <p>01:18:11 - The Benefit of Models Like Plan B</p> <p>01:23:21 - Completely Rethinking the Fiat System With Bitcoin</p> <p>01:27:38 - What Keeps Peter Up At Night?</p> <p>01:30:22 - The Real Timelock Story (And Why Ethereum Is Trash)</p> <p>01:34:48 - Wrapping Up - Where to Find Peter Dunworth</p> <p>The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!</p> <p>The show is sponsored by Orange Pill App, the social network for bitcoiners aiming to increase hyperbitcoinization in your local area. Download the Orange Pill App today! See <a href="https://www.theorangepillapp.com/">https://www.theorangepillapp.com/</a> for details and connect with them on Twitter <a href="https://twitter.com/orangepillapp">https://twitter.com/orangepillapp</a></p> <p>The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit <a href="https://wasabiwallet.io/">https://wasabiwallet.io/</a> and download Wasabi Wallet!</p> <p>The Freedom Footprint Show is produced by Konsensus Network, the first #bitcoin only publishing house. Check out Konsensus.Network for Bitcoin books in more than a dozen languages, both original and in translation.</p> <p>Follow us on Twitter:</p> <p><a href="https://twitter.com/FootprintShow">https://twitter.com/FootprintShow</a></p> <p><a href="https://twitter.com/knutsvanholm">https://twitter.com/knutsvanholm</a></p> <p><a href="https://twitter.com/BtcPseudoFinn">https://twitter.com/BtcPseudoFinn</a></p> <p><a href="https://twitter.com/KonsensusN">https://twitter.com/KonsensusN</a></p> <p>Visit our websites for more info:</p> <p><a href="https://konsensus.network/">https://konsensus.network/</a></p> <p><a href="https://bitcoinbook.shop/">https://bitcoinbook.shop/</a></p> <p><a href="https://www.knutsvanholm.com/">https://www.knutsvanholm.com/</a></p>