Bitcoin Audible

"That is not to say that Bitcoin will lead us to a pacifist utopia in which any attempt at violence suffers metaphysical intervention by the spirit of Satoshi. That money can grant power is clear enough as there will always be a clearing price for violent thuggery. But what will distinguish a Bitcoin standard is that power will not grant money." - Allen Farrington Today we dig into another great piece from The Bitcoin Times Ed 4. What are the characteristics of Bitcoin, that truly make the separation of Money and State a true possibility for our future? How does Bitcoin change the fundamental relationship between money and power? Don't miss this one! Check out the rest of The Bitcoin Times and get a head start at the link below: https://sites.google.com/getamber.io/thebitcointimes/ED_4 Another great article from Allen, The Capital Strip Mine https://bitcoinaudible.com/the-capital-strip-mine/ And some required reading for everyone in Bitcoin, Shelling Out: The Origins of Money https://bitcoinaudible.com/reboot-shelling-out-the-origins-of-money-nick-szabo/ For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE. • Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy) • Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off. • Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN. Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we have an incredible chat as a followup to the recent piece Read_596 - Bitcoin is a Pioneer Species. We have author Brandon Quittem joining us today to dive deeper into the concept he lays out in the article, further into the consequences of what it means for energy production, and ultimately, where our species is likely to spread out and inhabit on the planet with such a powerful new set of incentives. You can either read or listen to the article at the links below, and don't forget to check out Brandon Quittem's other amazing work at his medium page: Article - https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88 Audio - https://open.spotify.com/episode/0n4BDOodSPaIB5HpksnJOT?si=724d2b546cdc4afa Medium Page - https://medium.com/@BrandonQuittem For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE. • Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy) • Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off. • Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN. Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“And finally, given its asymmetric return distribution I believe It is more risky to have zero exposure to bitcoin than it is to have a 5% portfolio weight. If you are not long bitcoin, you are irresponsibly short. Don’t overthink this. Lower your time preference. Bitcoin is the purest form of monetary energy and is portfolio insurance for all fixed-income investors.” - Greg Foss Concluding today with some insane bullishness on price evaluations & a model for Bitcoin attempting to account for its value as a hedge against the Fiat Ponzi. Detailing out their concept of the Fulcrum Index, and why Bitcoin as a CDS against sovereign credit risk may alone be a multi-trillion dollar value proposition. Hear the rest of Greg Foss’s incredible report in today’s episode. Check out the full report at the link below: https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“General Motors, Ford, AT&T and GE have cumulative debt that is larger than the entire HY market. Downgrades of any one of these names likely imply a downgrade of the others. The forced selling would rock the HY market, which would start a domino effect and a negative feedback loop that would reach to all credit and equity markets globally. Pretty scary stuff. Follow inefficient investment guidelines, win stupid prizes.” - Greg Foss Today we hit Parts 1 & 2 of Greg Foss’s incredible 4 part report on the case for Bitcoin from the fixed income investment perspective. Laying out his history in the markets, how he has seen and evaluated the risks and market contagions of years past, & digging into the nerdy framework to understanding the credit markets, and most importantly, how to price risk. This is a must listen, and Parts 3 & 4 dropping tomorrow are going to make you more bullish than you know. Get ready. Check out the full report at the link below: https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

With Twitter up in arms about a potentially invasive privacy measure and compliance for an invasive regulatory requirement, it's time to break down exactly what is going on, and what we should or should not be concerned about. What is the Travel Rule, what is AOPP, and what should I do with my hardware wallets? That's what this episode is about. There will be no ads on this show as I just want to talk about this issue and share my own conclusions after digging into what the reality of this situation is. Hope this helps makes sense of what is going on. Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"What is money? Why is it used? Which type of money is best? And why?" - Eric Yakes Today we are diving into the foundational chapter of Eric Yakes' book The 7th Property. What are the characteristics of money, and how can we use them to understand the security and comparative value of competing monetary goods? The full book as well as the audiobook (by yours truly) can be found at amazon if you want to dig in further: Paperback: https://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/0578902621/ref=sr_1_1?crid=1OGGJHM7QJCZ7&keywords=7th+property&qid=1643345103&sprefix=7th+property%2Caps%2C61&sr=8-1 Audiobook: https://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/B09N9VZYM7/ref=sr_1_1?crid=1OGGJHM7QJCZ7&keywords=7th+property&qid=1643345103&sprefix=7th+property%2Caps%2C61&sr=8-1 For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short supply, people get priority over Bitcoin miners. However whenever there is excess energy, it gets monetized. This symbiotic relationship leads to more energy abundance generally.” - Brandon Quittem Another great piece coming at you today from The Bitcoin Times Ed 4, and by returning author Brandon Quittem, who did the incredible Mycelium Series for understanding Bitcoin through the lens of an organic mycelium like organism. Today he tackles Bitcoin mining, and how the altered incentives of Bitcoin make it a pioneer species that will allow us to expand into energy deserts, and spread the scope of civilization in a way not immediately obvious. Don’t miss today’s excellent read, "Bitcoin is a Pioneer Species." Link to the original work, with many links for further exploration (drop some massive applause): https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88 Why I changed my mind about nuclear power | Michael Shellenberger https://www.youtube.com/watch?v=ciStnd9Y2ak Noahbjectivity on Bitcoin Mining | Nic Carter https://bitcoinaudible.com/noahbjectivity-on-bitcoin-mining/ Bitcoin Mining & the Case for More Energy https://bitcoinaudible.com/bitcoin-mining-the-case-for-more-energy/ For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Money, in the ideal (which we’ll likely always only ever strive for, and not achieve), turns a portion of ‘our work, here and now’, into a portion of ‘everyone’s work, anywhere and forever’." - John Vallis Continuing the incredible piece from yesterday by John Vallis around how the human consciousness even creates value and meaning, and how deeply tied to that process and our ability to peacefully coexist is to the nature of our money. And through that lens, what is Bitcoin? Check out the original article and drop some hella applause (and follow John while you're at it): https://medium.com/@johnkvallis/money-messiah-god-bitcoin-and-the-evolution-of-consciousness-b95be58054f4#3d4b For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“Sacrifice is thus a critical component of value, as it is the use of one’s own limited resources, as that against which all action is measured and justified.” - John Vallis Why does it always seem that the Bitcoin rabbit hole inevitably leads to the questions of "what is money" & "what is value?" How do we always find ourselves at such fundamental question when exploring Bitcoin? Today we dive into Vallis's "Money Messiah" on the very nature of value and meaning, how it relates to our religious and moral interpretations of the world, and why they are so intricately intwined with the simple, ubiquitous tool that we call money. Part 1 explores value and meaning, and tomorrow with Part 2 we will dive deep into money and Bitcoin. This one is not to be missed: Drop some massive applause on the article at the link below: https://medium.com/@johnkvallis/money-messiah-god-bitcoin-and-the-evolution-of-consciousness-b95be58054f4#3d4b For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"This confluence of Fed hikes and investor naivety “presents the setup for a severe washout” as the “pernicious effects of rising interest rates on future cash flows will likely prompt speculators and investors at the margin to dump or severely reduce their crypto holdings.” - Nik Bhatia We take a little break to discuss the crazy state of the markets right now, and how this could affect the Bitcoin price in the short term. Nik Bhatia summarizes the bearish warning from Arthur Hayes and digs into the possible course of action for the Federal Reserve, and how that could dictate what the Bitcoin price does in the short term. Are you ready? Listen to find out more Links to both Bhatia's as well as Hayes's article below for further exploring: https://thebitcoinlayer.substack.com/p/arthur-hayes-bitcoin-could-be-heading https://cryptohayes.medium.com/maelstrom-ee6021e9d0c2 For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (20% discount code BITCOINAUDIBLE) • Buy Bitcoin automatically and painlessly with SwanBitcoin • Keep your Bitcoin keys safe on the secure, open source BitBox02 (5% discount code GUY) • Get tickets to the biggest & most exciting Bitcoin conference in the world! Bitcoin 2022 (10% discount code GUYSWANN) Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message