Chat_138 - Bitcoin Needs More Civil Wars with Super Testnet
Bitcoin Audible
Leveraging Bitcoin: Accessing Fiat Without Selling
This chapter explores the difficulties of selling Bitcoin while maintaining faith in its long-term value, and introduces the concept of Bitcoin-backed loans as a viable alternative. It also discusses the benefits of this approach and touches on the resilience and censorship resistance of decentralized networks.
"You can delete your Lightning transactions.
So unlike a blockchain, a blockchain's an append-only database and every transaction that gets stored in a blockchain is stored there forever. Lightning transactions don't go on a blockchain. Where do they go? A SQL database. And what's great about SQL databases are they're not append only. They have a delete function.
So you can turn off your Lightning node, open up its database in any SQL editor, and say, select all, delete. And you've deleted your transaction history.
Which is a wonderful privacy tool. Can't do that on a blockchain."
~ Super Testnet
In this episode, I sit down with the enigmatic Super Testnet, a trailblazer in the Bitcoin space known for his relentless pursuit of innovation and privacy.
How can we achieve true privacy in a world where every transaction leaves a digital footprint? Super Testnet challenges us to rethink our assumptions about privacy and security, revealing how Lightning Network's unique features might offer solutions we never thought possible. If Lightning can enable scalable transactions with even better privacy than can be achieved on a blockchain, what does that mean for the future of privacy coins like Monero?
Super Testnet also shares his insights on the broader implications of Bitcoin adoption, from empowering individuals to reshaping global economic structures. Could Bitcoin mining on landfills become the unexpected cornerstone of a new financial paradigm? And what happens when sovereign tools scale to billions?
This conversation is not just about technology - it's about the fundamental shift in how we think about money, privacy, and freedom. Tune in to explore the fascinating intersection of innovation and ideology with one of Bitcoin's most original thinkers.
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Guest Links
- Super Testnet on Nostr (Link: https://tinyurl.com/3454693p)
- Super Testnet Website (Link: https://supertestnet.org/)
- Super Testnet Github (Link: https://github.com/supertestnet/)
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)
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