Bitcoin Audible

Even with #Bitcoin, are we destined for a future with intermediated payments?  Will that give us a different color of the same system we're stuck with today, or will Bitcoin still prove to be a revolution in financial trust?  Lets dig deeper into the objections to Bitcoin Banks in Part 2 of @nic__carter's "How to Scale Bitcoin (without changing a thing)." Another huge thank you to Nic for this work and sparking an important discussion! Drop some major applause on this work and share it with others who have yet to read Nic's amazing body of work! https://medium.com/@nic__carter/how-to-scale-bitcoin-without-changing-a-thing-bc4750dd16c7 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"I believe that institutional scaling presents an under-appreciated scaling vector, and it is quite possible to employ it without significantly compromising Bitcoin’s assurances." Don't miss today's article, another fantastic read by Nic Carter (@nic__carter), on the Finneyan view of scaling Bitcoin for its highest value proposition; creating a settlement network with the potential of correcting our far-too-frequent problems of monetary inflation & systemic insolvency.  "How to Scale Bitcoin (without changing a thing)" We will finish this up with Part 2 tomorrow, but in the mean time please drop some major applause on this work and share it with others who have yet to read Nic's amazing body of work! https://medium.com/@nic__carter/how-to-scale-bitcoin-without-changing-a-thing-bc4750dd16c7 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we go through a recent blog post by Jameson Lopp and the Casa team that goes into the clever, meticulous design used to ensure the security and recoverability of the mobile key for their Keymaster app.  Don't forget to check out the Casa blog to see the other exciting announcements and ongoing developments from the Casa team. https://blog.keys.casa/casa-keymaster-security-mobile-key-overview/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we reach the conclusion of Hoppe's incredible piece on the nature of fractional reserve banking and the contradictions of fiat money.  With the final section, "From Deposit & Loan Banking to Fractional Reserve: The Devolution of Credit."  Plus a really fun discussion as a follow-up to the entire, 3 part work. "How is Fiat Money Possible." There is no place like Mises.org. Don't forget to check out the vast collection of knowledge and information made available for free over at the Mises Institute! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing from yesterday's episode with Part 2 of our journey through Hoppe's amazing piece on the nature and origins of the fiat money system.  Could such a system ever work in a competitive market, or are there extremely specific conditions and legal restrictions which make the contradiction of irredeemable paper money, temporarily sustainable? Listen to find out. "How is Fiat Money Possible."  Don't forget to check out the vast collection of knowledge at Mises.org for this work and many more like it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title to any such commodity: i.e., irredeemable paper money." Another great suggestion by @stephanlivera, we begin our dive into Hans-Hermann Hoppe's extended piece on the Devolution of money and credit, "How is Fiat Money Possible."  Don't miss an incredible read and fun discussion that follows. Don't forget to check out the vast collection of knowledge at Mises.org for this work and many more like it. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Building on the principles discussed in our exploration of the consequences of a society without cash, we apply it to a broader principle of how the power to exit acts as a check on abuse and centralization.  And who better to cover this topic with, than Nick Szabo?  Today we read and discuss Szabo's blog post from 2007 titled, Exit and Freedom. Don't forget to follow Nick on Twitter and explore the enormous body of work he has contributed over decades at his blog: http://unenumerated.blogspot.com/2007/08/exit-and-freedom.html --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The conclusion of The Case for Electronic Cash by Jerry Brito.  Today we close out this amazing piece with the moral case for why we should not only refrain from demonizing and restricting digital cash, but we should foster and celebrate it! A huge thank you to Coin Center for this work, and don't forget to check out the incredible work they do. The original work can be downloaded here:  https://coincenter.org/files/2019-02/the-case-for-electronic-cash-coin-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing with Part 2 of "The Case for Electronic Cash" from Jerry Brito and CoinCenter.org.  The consequences of total dependence upon financial intermediaries and how it is already affecting people today.  Don't forget to check out CoinCenter.org for tons of information on all topics around Bitcoin and cryptocurrency technologies. The original work can be downloaded here:  https://coincenter.org/files/2019-02/the-case-for-electronic-cash-coin-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we begin the long, and rewarding journey through Jerry Brito's & Coin Center's Report on "The Case for Electronic Cash." This is an incredible work present several case studies to explore the trade offs of privacy and individual autonomy, the nature of an open society, the consequences of a fully intermediated society, and how cash plays a critical role in it all.  This will be a multi-part series that is not to be missed! Begin Part 1... Don't forget to check out CoinCenter.org for tons of information on all topics around Bitcoin and cryptocurrency technologies. The original work can be downloaded here:  https://coincenter.org/files/2019-02/the-case-for-electronic-cash-coin-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message