Bitcoin Audible

Back from the dead! Shitcoin Insider returns with a lengthy discussion of money, networks, altcoins, their merits, the lack of, & everything else in a marathon discussion on Clubhouse. Don't forget to subscribe, drop your criticisms, questions, & insults to the @ShitcoinInsider Twitter handle. And in the meantime, enjoy Episode #005.   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) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Education & HomeSchooling Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)

"As long as there are money printers, there can be no freedom of expression. Money is the tool we use to express value to each other. Whoever controls the money supply controls the world." - Knut Svanholm The world became vastly more free when we separated our religious morals and authority from the apparatus of the state. The separation of church and state is one of the most important developments for freedom in history. But the state retained an unjust, unequal level of control & limitation on the freedom of expression, by monopolizing the very tool we use to express value. Money. Bitcoin is, The Separation of Money and State. Check out the full article at Bitcoin Magazine below: https://bitcoinmagazine.com/culture/bitcoin-and-the-separation-of-money-and-state To dig deeper into the concept of rights and the Bitcoin system, check out Guy's Take #32. Rights, Incentives & the Bitcoin System: https://bitcoinaudible.com/?p=4800 A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) Much love to Bitcoin Magazine and the extraordinary LTBNetwork for the invaluable resource they provide to the Bitcoin ecosystem! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The World is in Denial" - Preston Pysh Preston Pysh joins Bitcoin Audible to talk the horrible macro environment, the unraveling of the financial markets, the enormous risk of inflation, & how the maturation of Bitcoin could turn everything upside down. The establishment of real market interest rates & liquid futures markets within the Bitcoin ecosystem isn't merely a sign of growth, it's a fundamentally important step toward a robust, global financial system built atop Bitcoin as the new monetary base. Don't miss today's excellent interview with the host of the most downloaded investor's podcast, "We Study Billionaires" and founder of the "Investors Podcast Network," Preston Pysh. Check out Preston Pysh on Twitter and his amazing podcasts at the links below: https://twitter.com/PrestonPysh https://www.theinvestorspodcast.com/ A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

• Why Matt Odell is wrong about the OCC statement • Bullish review of the SeeTee Shareholder Letter • Microstrategy & 0% bonds • Jack Mallers taking over the world • NYDIG • MassMutual, Square, Tesla, Marathon, Stone Ridge, & the Bitcoin Treasury Rush • Next phase of the Bitcoin mining industry • Lightning everywhere • New developer grants • Rewards Cards everywhere! ...and tons more The flood of 2021 is well underway. Lightning as a Retail Payment System: https://medium.com/galoymoney/lightning-as-a-retail-payment-system-part-1-7463c46342ef A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"We are not going to wait for the future - we want to join in building it as well! I encourage entrepreneurs to reach out to Seetee. The bigger the dream, the more we listen." Kjell Inge Røkke Covering the recent, incredible announcement that the Norwegian energy giant, Aker has made a strong push into both building for & investing in the Bitcoin ecosystem, we read the SeeTee shareholder letter on their breakdown of their journey into Bitcoin, their thinking on its massive potential, & their vision for the future. Another phenomenal read not to be missed. The SeeTee Shareholder Letter, check out the original below: https://www.seetee.io/ A huge thank you to our amazing sponsors: LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Explore how Bitcoin redefines the concept of time rather than just functioning as digital money. DerGigi discusses the significance of decentralized timekeeping in maintaining trust without a central authority. Delve into the complexities of block time, synchronization in a distributed network, and the philosophical implications of Bitcoin. The conversation also touches on the challenges of double-spending and how proof of work enables a trustless system, positioning Bitcoin as both a currency and a global clock.

"As a consensus system without central authority, Bitcoin protocol upgrades can be challenging. If one segment of the network upgrades to a new version of the protocol before another segment does, different nodes might enforce different rules, introducing the risk that the network fractures between them." - Aaron Van Wirdum Today's read is from Aaron Van Wirdum at Bitcoin Magazine, an excellent writer who has so many brilliant breakdowns of the technical and historical elements of Bitcoin. Taproot is SO close, but there is a final debate, a final hurdle to tackle before we get to see it activated on the network, and that’s over how and when to turn on the switch. LOT=true or LOT=false? This is the Last Hurdle Before Taproot Activation: https://bitcoinmagazine.com/technical/lottrue-or-lotfalse-this-is-the-last-hurdle-before-taproot-activation Check out the Bitcoin Audible Page for Aaron & his collection of amazing work: https://bitcoinaudible.com/?page_id=5204 Today’s Bitcoin Resource: mempool.space A huge thank you to our amazing sponsors: LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) Final thanks to Bitcoin Magazine and the LTBNetwork for being such an incredible source of signal to the Bitcoin ecosystem! letstalkbitcoin.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The most egregious falsehood regarding economic health that is nonetheless widely believed is surely that we ought to measure it by the magnitude of goods and services consumed. This is dangerous nonsense." - Allen Farrington How is it that we found ourselves in such a disastrous and unstable financial situation across the entire country, and even the entire world? How has the economic system been overtaken by exploiters, over consumption, and waste while completely lost touch with sustainable, thoughtful production and value? Laying out the whole picture in today's article, we have the audio version of Allen Farrington's "The Capital Strip Mine." Check out the original article and drop some applause at the link below: The Capital Strip Mine: https://allenfarrington.medium.com/the-capital-strip-mine-ec627e9fe40a Other articles mentioned in today's Guy's Take: Bitcoin is the Great Definancialization: https://bitcoinaudible.com/?p=5554 Today’s Bitcoin Resource: https://bitcoinerjobs.co/ A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The Internet’s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn’t offer “services.” It doesn’t make decisions about content. It doesn’t distinguish between photos and text, video and audio. It doesn’t have a list of approved applications. It doesn’t even distinguish between client and server, user and host, or individual versus corporation. Every IP address is an equal peer." - Andreas M. Antonopolous Today we hit a great and classic essay by Andreas on the amazing FEE.org that hits on a key way to think about decentralized network, and a critical part of why they will innovate orders of magnitude more quickly than their centralized counterparts. The difference between "smart" networks and "dumb" networks, and why the dumb will also conquer. Bitcoin is the internet of money, and on read #500, hear Andreas explain why. Check out the original article at the link below: https://fee.org/articles/decentralization-why-dumb-networks-are-better/ Other great pieces mentioned in today's show, along with the thread that includes numerous others for further journey down the rabbit hole: Lightning Enables Unicast Transactions in Bitcoin: https://bitcoinaudible.com/?p=347 On Schelling Points, Network Effects, & Lindy: https://bitcoinaudible.com/?p=4504 Anil's Amazing thread with 20 fundamental essay for understanding Bitcoin: https://twitter.com/anilsaidso/status/1290758632238276609?s=20 A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"If the US Dollar really was to reach an uncontrollable level of inflation, a last move by the Fed may be to do this same trade on a Federal level by printing dollars to acquire Bitcoins to stack on their balance sheet. Only time will tell." - William Clemente III Today we read an excellent piece from bitrawr.com by William Clemente on the various feedback loops that could lead not only to the qualitative loss of trust in the fiat system, but a quantitative pull to earn a near risk-free position in the Bitcoin collateralized lending markets. Edited in part by Preston Pysh who has discussed this idea in greater depth, what happens when multiple feedback loops within the Bitcoin markets converge to make it an increasingly liquid, low risk, high yield asset? It creates a Bitcoin Black Hole. The Bitcoin Black Hole Effect: https://www.bitrawr.com/the-bitcoin-blackhole-effect For other great articles and episode mentioned in this show, check out the links below: Read 489 - The Cantillon Effect 2.0: https://bitcoinaudible.com/?p=5678 Asset DNA - Speculative Attack: https://bitcoinaudible.com/?p=5714 Bitcoin is the Great Definancialization: https://bitcoinaudible.com/?p=5554 The MacroVoices episode on Interest Rates: https://www.macrovoices.com/946-macrovoices-259-louis-vincent-gave-as-inflationista-as-they-come A huge thank you to our amazing sponsors: SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy) BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox) LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl) --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message