Bitcoin Audible

"Can you imagine a world in which you are restricted from buying meat for a while because you have already used your “carbon credits” for the month? Your “financial privileges” could potentially be restricted at any time at the whim of a government bureaucrat, and if you are a big enough troublemaker you could be “de-platformed” from the system permanently." - Tyler Durden Check out the original article at: IMF Unveils New Global Currency Known As The "Universal Monetary Unit" To "Transform" World Economy | ZeroHedge: https://www.zerohedge.com/geopolitical/imf-unveils-new-global-currency-known-universal-monetary-unit-transform-world-economy Universal Monetary Unit - Whitepaper: https://umu.cash/documents/umu_whitepaper What Guy's Reading: The Autism Vaccine Strong Towns Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "Fear tends to come from ignorance. Once I knew what the problem was, it was just a problem, nothing to fear." — Patrick Rothfuss Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The Lightning Network finally strikes in this Bitcoin Basics episode! Now that we understand the fundamentals of keys, wallets, transactions, and the node, we can finally take a dive into Lightning. What is it, what makes it tick, how do you own something that isn't "on chain," and what are the best tools to start exploring? All this and much more in today's show. Here are the many links for further exploration and learning to dive into: Wallets and Apps to check out: Phoenix Wallet: https://phoenix.acinq.co/ Breez | The Interface of the Lightning Economy: https://breez.technology/ Fountain | The podcast app that pays: https://www.fountain.fm/ Alby: Your Bitcoin & Nostr companion for the web: https://getalby.com/ Stacker news: https://stacker.news/ Zeus: Bitcoin payments your way: https://zeusln.app/ Episodes to listen to: Chat_74 - Synonymous with Sovereignty, with John Carvalho: https://fountain.fm/episode/11238318089 Read_699 - What is Nostr? How Does it Work? And Why Does it Matter?: https://fountain.fm/episode/13359322375 Read_701 - Lightning for Everyone in Every App, the Breez SDK: https://fountain.fm/episode/13450214878 Fiat to Lightning Services: Strike: https://strike.me/ River Financial: https://river.com/app Cash App: https://cash.app/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ "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 Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This was how more mainstream Bitcoin culture degraded from intellectual expressions of ideas (2017-era debates) to tribal recreations of the past. The old enemies were replaced with new enemies who were more convenient for the times, but we retained the "Bitcoiners against the world" ethos of the scaling era, which led to many newbies being overly defensive of their beliefs. It’s worth noting that this is a recurring cycle (and of course, a general trope of “the good ol’ days”) because in 2017 people were saying how much better the discussions were in 2014, and in 2014, people missed the discussions of 2011. This is a naturally occurring phenomenon as communities go from niche interest to mainstream." - Jameson Lopp Today we cover an amazing breakdown of the history, evolution, and current state of Bitcoin Maximalism as seen through the perspective of Jameson Lopp, an incredible beneficiary to the bitcoin ecosystem, and long time maximalist and OG. Lopp has been an incredible resource over the years, and brings us a thorough breakdown of his views on how the Bitcoin only ethos arose, and why he thinks its found itself where it is today. This is not to be missed. The other episode mentioned numerous times in this article covering the ideas around Bitcoin Maximalism, non monetary use of the timechain, how to define bitcoin and its culture, and the viability of token networks and "crypto assets" for other utility... Guy's Take #59 - We're Not Going Anywhere Only the Strong Survive: Part 1: https://open.spotify.com/episode/6qqHSEmFr6B8kSjAWAGRpU?si=7a05972ff1984f8a Part 2: https://open.spotify.com/episode/02VuP9RlAmhivBGhiUFNQZ?si=bd2e130558664310 Part 3: https://open.spotify.com/episode/5GZmKFBcVhH500YyONWKIh?si=e10ad36fba8647f6 Chat #79 - The Spirit of Bitcoin with John Vallis Chat #77 - Stone Cold Storage in a Fiat World with NVK Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------------ “Waste no more time arguing about what a good man should be. Be one.”   ― Marcus Aurelius Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"“In the old days they didn’t even use tables and chairs. They sat on beer crates and ate off the tops of beer barrels. You’d be surprised how much fun that was. Somehow it made old men feel young again. And they’d drink beer out of cans or growlers. Those beefsteaks were run in halls or the cellars or back rooms of big saloons. There was always sawdust on the floor. Sometimes they had one in a bowling alley. They would cover the alleys with tarpaulin and set the boxes and barrels in the aisles. The men ate with their fingers. They never served potatoes in those days. Too filling. They take up room that rightfully belongs to meat and beer." Have you ever been to a TRUE beefsteak, do you even know what one is? AwaySlice throws the most epic of beefsteaks and there is one coming very soon in Miami around the Bitcoin2023 conference. Stay tuned and if he sharees the link with me, I will have it here in the show notes, so don't forget to check back. But today we dive into the article he shares on the tradition, the origins, and the heart of where the beefsteak began. Written in 1939, it is both fascinating and hilarious merely as a representation of the times, and is equal parts mouth watering in its description of the food and festivities. If you don't walk away dreaming of steak and beer, then you weren't paying attention. Stay to the end for one of my favorite quotes that needed a fitting read, and this one felt like it. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Code BITCOINAUDIBLE gets 10% off your Bitcoin2023 tickets! Link to the Beefsteak Event will be here: __________ Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!" — Hunter S. Thompson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Of all the objections to Bitcoin, the objection that it “wastes” electricity is the most absurd. This thinking betrays a fundamental misunderstanding of how electricity works, how markets work, and what waste is." – Beautyon Today we take a break from all the discussion of doom and impending economic obliteration to hit a favorite topic of mine, from a simple, but important angle. This article came back across my view and I realized it was one I had never covered and thought it would make for a good short episode and rant. Enjoy! Check out the original article at: Bitcoin Doesn't Waste Electricity Bitcoin is a Pioneer Species: https://open.spotify.com/episode/0n4BDOodSPaIB5HpksnJOT?si=528e08bc58c340d0 Bitcoin Mining & The Grid: https://open.spotify.com/episode/46lS7ZWR5RKTM4MlRV7Jtu?si=8c3457e9ab9443ac Bitcoin Does Not Waste Energy: https://open.spotify.com/episode/0TlohX5A2CiBCe2eumoVBY?si=d1af7355e52c4d4e The Moral Case for Fossil Fuels: https://www.amazon.com/Moral-Case-for-Fossil-Fuels-audiobook/dp/B00TRA7ZCK/ref=sr_1_1?keywords=moral+case+fossil+fuels&sr=8-1 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “There’s no room for facts when our minds are occupied by fear.” ― Hans Rosling Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Generally, what we’re talking about here is unregulated (or lightly regulated), uninsured investors, LLCs, Funds and privately controlled “Shadow Banking” assets. In 2021, these OFI Assets scattered around the planet amounted to $152.0 Trillion (Again, not including China’s non reported OFI) or roughly 172 x JP Morgan’s relatively miniscule $884 Billion of Cash and Equivalents immediately available to liquidate/sell/wire-out without generating a FASB 115 loss. I hope this simple calculation puts the JP Morgan/Chase “fortress like” Balance Sheet in perspective. JP Morgan/Chase, America’s biggest bank, through our own, expansive, monetary policy, has become but a pimple on the global financial system’s buttocks." – DTIPO Today we dive into a really fascinating thought experiment on the Western Financial System from an adversarial position. Has the West become too arrogant to assume that no one would attack them? That because of their sheer size, they are protected? That they are "indispensable" in such a way that no wealthy nation could or would attack them, even as they use their monetary system explicitly as a weapon against competitor nations? Nations, in fact, that may have a large interest in seeing the Western system implode? What if we run the numbers and see what that risk really is... Check out the original to follow the links to verify or check out the data yourself. I'd be eager to see further discussion of this possibility and what, if anything, can truly be done to secure such a levered and bloated financial system from attack. And check out the many other things they cover below: http://www.deepthroatipo.com/how-to-wreck-a-big-old-gsib-bank/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."   — Thomas Jefferson Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Prices are relative, Bitcoin is infinitely scalable, stability for the sake of stability is undesirable, maximal instability in prices maximizes resilience in the markets, and so much more. Today we dive into a bit of a wandering Guy's Take to follow El Gato's piece on the idea of a free banking system and what it might look like in a future with PBDCs, instead of CBDCs. I break down where he has some wonderful ideas, but fundamentally misses the foundation necessary to get us there. Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"and the uniparty is in strong agreement here. both know that losing control of the money and the banks is an existential threat to their aristocratic and unaccountable powers. sure, this all sounds like a lot of change and a lot of risk and a wildly new set of systems, but you’re not going to fix that which has become this broken without change. the mal and mis-incentives are far too great and the entrenched interests like it this way. and it’s going to break." - El Gato Today we dive into a piece that expands a thought experiment on what a free banking system might look like and what historical precedent we have for thinking about the what and why of the banking and financial system we will need to replace the one on its deathbed... especially to ensure we don't die with it. Funny enough, the article is in a sense against Bitcoin in the sense of its need for fixing the baking system, but we will discuss in a follow up Guy's Take exactly why his idea has a lot of value, but why it will never work, without Bitcoin. Stay tuned. Check out the original article and tons of other great reading on the substack below: https://boriquagato.substack.com/p/how-to-fix-banking-and-money-pbdc Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money." — Thomas Sowell Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Thus was the dubious “clear and present danger” standard born. Holmes himself sought to redefine the standard later that same year when he dissented in Abrams v. United States (1919). The Justice felt that the court was not applying his own standard appropriately and openly questioned the government’s ability to limit free speech. But by then, the slippery standard was off and racing. It would fly for another half century..." – Joel Bowman Ever wondered where the oft used, infuriating excuse for outright censorship, "well you can't yell fire in a crowded theater," came from? Where its origins lie? Would it surprise you that it had nothing to do with a theater, it had nothing to do with people being harmed over a lie, but ironically, it was used to censor speech criticizing the government and attempting to *protect* people from clear and deliberate harm? Me neither, but it's a very interesting historical episode either way. Listen to find out more. Check out the original article and their substack at the link below: https://bonnerprivateresearch.substack.com/p/fire-fire-fire Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “Coercion is evil precisely because it…eliminates an individual as a thinking and valuing person and makes him a bare tool in the achievement of the ends of another.” – F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Bitcoin is ultimately just a piece of software, the network – the global, censorship resistant, immutable system – is ultimately just a collection of millions of people individually confirming and agreeing on what Bitcoin is. And to be truly sovereign as a bitcoiner, to confirm the truth of Bitcoin for yourself, & to participate in that global network, is to run a Bitcoin Node. This is Bitcoin Basics Episode 5: The Node. The Blocksize War: https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM Guy's Take_12 - Full Nodes or Nothing: https://open.spotify.com/episode/3qAzMtj3gErLFAqe7tlIeG?si=oS6oiD-eSfuXOkSdVf2_5Q Guy's Take_13 - Nodes vs Miners: https://open.spotify.com/episode/0GX2atSSMn3RaCMAx6rbnd?si=AGgr3ItuSImri_VDrj8djw All the BTCSessions Tutorials you need to run a node: https://www.youtube.com/results?search_query=btcsessions+node Embassy: https://start9.com/ Umbrel: https://umbrel.com/ MyNode: https://mynodebtc.com/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- “A society that does not recognize that each individual has values of his own which he is entitled to follow can have no respect for the dignity of the individual and cannot really know freedom.” – F.A. Hayek Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message