Bitcoin Audible

"For proponents of privacy and open networks to win becomes a matter of making the technology easy to use, too costly to stamp out, and well-understood by the public." – Lyn Alden Today Lyn Alden brings us another great piece that breaks down the old structure of our monetary and information systems, the consequences that have arisen from them, and ultimately what solutions have be borne of their abuses and frictions. With an exploration of what is needed. and not in this new systems, and what challenges they will bring in trying to make open, permissionless networks, the standard for a better world. Check out the original article with tons of other great stuff on the SwanBitcoin feed at the link below: https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/ Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Lyn Alden's Pubkey: npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a Check out details on the Swan IRA! Don't forget to check out our amazing sponsors: • 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) • 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 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) ------------------------------- “There are times when the world is rearranging itself, and at times like that, the right words can change the world.” ― Orson Scott Card, Ender's Game Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This context highlights the importance of the 1920–1921 depression. Here the government and Fed did the exact opposite of what the experts now recommend. We have just about the closest thing to a controlled experiment in macroeconomics that one could desire. To repeat, it’s not that the government boosted the budget at a slower rate, or that the Fed provided a tad less liquidity. On the contrary, the government slashed its budget tremendously, and the Fed hiked rates to record highs. We thus have a fairly clear-cut experiment to test the efficacy of the Keynesian and monetarist remedies." – Robert Murphy Today we dive into some economics with an example I have always liked from an economist who I always felt had a great way of explaining things simply. Robert P Murphy brings us a short, but strong argument on why the depression of 1920-1921 give us all the juxtaposition we need to disprove the long held beliefs of the Keynesians and the monetarists, and paint the Great Depression in a very, very different light. Don't miss it. Choice: https://www.amazon.com/Choice-Cooperation-Enterprise-Human-Action/dp/1598132180 Use of Knowledge in Society: https://open.spotify.com/episode/1991IXoqxFGOFrQoHnR9a2?si=cc26e6506fd24262 Deflation and Liberty: https://open.spotify.com/episode/7h4a74WEs1ShShtmzCQSC1?si=7c76419170014ffe Check out the original article at: The Depression You've Never Heard Of: 1920-1921 - Foundation for Economic Education   Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Check out details on the Swan IRA! Don't forget to check out our amazing sponsors: • 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) • 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 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) ---------------------------------- "Society is division and association of labor. In the final analysis, there is no conflict of interest between society and the individual, as everyone can pursue his interest more efficiently in society than in isolation." – Ludwig Von Mises Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"But for me, when I think about what Bitcoin’s properties are as a store-of-value asset and then compare those properties to the existing store-of-value assets out there… Bitcoin is by far the best.  For that matter, if Bitcoin continues to outperform because of its unparalleled properties (and the world begins to come to terms with the reasons for that performance), it is a real stretch to say that Bitcoin will only convince 30% of the money stored in bonds and fiat money to re-allocate to Bitcoin. Particularly because of the scale of inflationary money printing that will be necessary over the coming decade to service the mounting national debts and unfunded liabilities throughout the world." – Croesus Sure we are going to the moon... but how high might that be exactly? As a fun follow up to Aleks Svetski's "Three Generations" until we reach a Bitcoin world, let's have a little fun at imagining just how much wealth could be built in those generations. Check out the original for the tables and estimates that will let you explore yourself what potential market makes since to you. Plus the many other links provided for Croesus's other writings: https://jessemyers.substack.com/p/bitcoins-full-potential-valuation Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Check out details on the Swan IRA! Don't forget to check out our amazing sponsors: • 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) • 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 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) ------------------------------- "Admittedly, monetary calculation has its inconveniences and serious defects, but we have certainly nothing better to put in its place, and for the practical purposes of life monetary calcu- lation as it exists under a sound monetary system always suf- fices. Were we to dispense with it, any economic system of cal- culation would become absolutely impossible." – Ludwig Von Mises Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"People are very quick to project technology adoption curves onto Bitcoin. But the problem is that Bitcoin is not just a technology. It’s not just a smartphone, or a computer, or a social network, or a new stock or security, or a new payment method, or a search engine, or a messaging platform, or any other new product, app or service. Bitcoin is an entire techno-socio-economic transformation. It’s a reinvention of money from the ground up, incompatible with any prior primitives. So, it’s not only orders of magnitude larger as a shift, but it’s also completely different in a paradigmatic sense. These are massive benefits and massive hurdles." - Aleks Svetski "Whether Bitcoiners like it or not, large-scale Bitcoin adoption is not coming this decade or next. It’s simply going to take a number of generations to filter into society." There is little needed to say about this piece other than this is something I think you ought to listen to. Check out the original and the many amazing things built and written by Aleks Svetski at the link below: https://bitcoinmagazine.com/culture/bitcoin-reaches-mass-adoption-in-60-years Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • 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) • 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 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) ------------------------------- “Ideas are very important to the shaping of society. In fact, they are more powerful than bombings or armies or guns. And this is because ideas are capable of spreading without limit. They are behind all the choices we make. They can transform the world in a way that governments and armies cannot. Fighting for liberty with ideas makes more sense to me than fighting with guns or politics or political power. With ideas, we can make real change that lasts.” ― Ron Paul Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

I recently had an awesome two-hour marathon chat about P2P social media with BitKarrot from the Nostrovia podcast. We chatted about the challenges and future of decentralized social media, touched on other developments in the space, and sprinkling in some extra chaos and uncertainty on the future of AI. This was a crazy ride through today's tech and the future its taking us to. Don't miss this one. Check out the Nostrovia Podcast to take a deep dive into all things Nostr! https://fountain.fm/show/EHr7oroKVhkIAWNTGGRn Follow BitKarrot on Nostr: npub18pudjhdhhp2v8gxnkttt00um729nv93tuepjda2jrwn3eua5tf5s80a699 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • 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://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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) -------------------------------------------- “Let us tenderly and kindly cherish therefore, the means of knowledge. Let us dare to read, think, speak, and write .” ― John Adams Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Hot wallets, cold wallets, hardware wallets, custodial wallets, lightning wallets, holy crap! What does all of this mean and how do they relate to your keys and your bitcoin? That is what we are covering in today's episode, Bitcoin Basics episode 4, all about wallets and transactions. Here is a reference to all of the wallets I use most often and for you to explore when setting up your own. I will also have this available on bitcoinaudible.com so it is easy to find down the road. Wallets Guy uses... Mobile On-Chain Wallets: Green Wallet Blue Wallet Nunchuk Bitkit (careful, still in beta but one I'm excited about) Keeper Desktop Wallets: Green Wallet Lily Wallet Sparrow (can be more advanced, but a good wallet) Specter (need a node, we will cover this later in the Basics) Electrum (old school, but trusted) Hardware Wallets: Coldcard (long running, trusted, & versatile) Blockstream Jade Tapsigner (simple, card sized hardware wallet) Bitbox (clean, easy to use bitcoin wallet) Seedsigner (cool DIY hardware wallet, low cost) Keystone Trezor A great, essential piece for first getting into the space, Bitcoin First: https://open.spotify.com/episode/2bbmhdkHH1vcM31uo5Mimd?si=515dc45d1ca544ec Don't forget to check out our amazing sponsors: • 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://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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)  Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Nostr, OP_VAULT, decentralized media, privacy, the incredible progress of the past few years, the challenges of making Bitcoin hardware, why bear markets are the best time in Bitcoin, and of course, the new Coldcard Q1. NVK and I catch up on everything happening in the Bitcoin space and what has us excited to build to faster. Don't miss an awesome 2 hour marathon with the founder of Coinkite and creator of the Coldcard. NVK's Nostr Pubkey: npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • 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://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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) ------------------------ “Encryption works. Properly implemented strong crypto systems are one of the few things that you can rely on. Unfortunately, endpoint security is so terrifically weak that NSA can frequently find ways around it.” ― Edward Snowden Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Here is a little story of how I built a #Bitcoin Lightning payments app used by more than 10,000 users at the time running on two Raspberry Pi's from my bedroom... My conclusion: The banks are so f**kd" - CalleBTC Check out the original thread for more projects Callebtc is involved in, and follow Calle on Nostr at the links below: Thread = https://twitter.com/callebtc/status/1618332559175450626?s=46&t=7-IMl_MRDoUK3LABiP2KYw Nostr = npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg Other great books to check out on the history and development of the internet: Cypherpunks: Freedom and the Future of the Internet How the Internet Happened This Machine Kills Secrets Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • 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://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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) ------------------------ "One must acknowledge with cryptography no amount of violence will ever solve a math problem." — Jacob Appelbaum Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Not your keys, not your coins. What does this mean? Your Bitcoin keys are literally the keys to the kingdom. They are everything, they are the sole arbiter of ownership of the bitcoins behind them if you have your keys, and they are the impenetrable fortress for the bitcoins behind keys you do not have. They are the judge, the jury, and the verdict. If you can grasp and internalize the relationship between you, your keys, and your bitcoin, then you can safely and confidently use bitcoin. And that's exactly what we are going to do, in the Bitcoin Basics Series, episode 3: Bitcoin Keys, Everything you Need to Know... Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off everything in your cart! (https://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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) -------------------------------------- “Most people think it takes a long time to change. It doesn’t. Change is immediate! Instantaneous! It may take a long time to decide to change…but change happens in a heartbeat!” ― Andy Andrews, The Noticer Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the worries that many have today cease to exist. By creating a federation of different miners who act as guardians of a mint dedicated to producing blocks and distributing rewards you create a completely new and more robust incentive model at the pool layer." - Marty Bent Today we dig into another Bent by good ol' uncle Marty on a potential and exciting solution laid out by Matt Odell to the mining pool centralization problem. What if we could use Fedimints, a federated network for payment privacy, as a way to distribute and protect the incentives in operating a mining pool? Listen to find out more. Check out the original and subscribe to the Bent at the link below: https://tftc.io/martys-bent/issue-1318-fedipools-as-a-potential-solution-to-centralization-risk/?ref=martys-bent-newsletter Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • 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://guyswann.com/coldcard) • 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://guyswann.com/fold) • 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) -------------------------------------- "A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system." – Satoshi Nakamoto Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message