AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Instant Settlements and the Decentralized Ledger
This chapter explores the historical limitations of settling value and sending information globally, and how Bitcoin and blockchain technology have revolutionized instant settlements and decentralized ledgers.
In the part two of a two-part discussion with Preston Pysh and Lyn Alden, they talk about the merging of a credit based money ledger system with a commodity backed money system into a single new technology, which is Bitcoin.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:22 - Why money has been at the crux of global conflict since time immemorial.
16:08 - Why can't a government entity just fire-up 20,000 nodes and try to fork the code?
33:41 - Lyn's thoughts on Gresham's law and Bitcoin.
41:23 - What would a bitcoin would look like with no unit abstraction?
47:13 - How do Taxes change in a bitcoin world?
49:04 - Does Bitcoin need smart contracting to compete with other protocols?
57:43 - Why couldn't Adam Back improve the Bitcoin code?
01:02:25 - The privacy trade-off is something that many want, what is Lyn's point of view?
01:06:02 - What is the fundamental trade-off between PoW and PoS?
01:06:02 - Lyn's discussion of volatile vs non-volatile computer memory when trying to understand PoS and PoW.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
SPONSORS
Support our free podcast by supporting our sponsors:
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode