Bitcoin Audible

Diving into the many incredible works made available in The Bitcoin Times Ed 2! Today we read Gigi's great piece "Bitcoin's Eternal Struggle" on the intricate dance between that which is built in randomness & entropy, and that which is created with complete unambiguity, with strict universal validation. This week is not to be missed. Check out and drop some applause on the original at the link below. Don't forget to follow Gigi, and TimelessBitcoin on Twitter so you don't miss the incredible work made available for everyone. https://medium.com/the-bitcoin-times/bitcoins-eternal-struggle-2c197f1bafd8 https://sites.google.com/getamber.io/thebitcointimes/ https://twitter.com/dergigi Don't forget that if you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"To provide broader context, the Federal Reserve, the Bank of Japan and the European Central bank have collectively created $10 trillion dollars-worth of new money since the financial crisis, the equivalent of approximately $500,000 per bitcoin. Despite dollars, euro, yen and bitcoin all being digital, bitcoin is the only medium that is tangibly scarce and the only one with inherent monetary properties."  - Parker Lewis Continuing the awesome Gradually, then Suddenly series on the Unchained Capital Blog, we hit today's read, Bitcoin is Not Backed by Nothing. An amazing journey through the nature of our current monetary insanity, & the profound immutability of Bitcoin it must now compete with. TL;DR there is no comparison.   https://www.unchained-capital.com/blog/bitcoin-is-not-backed-by-nothing/ Don't forget to check out the Unchained Capital Blog and the other amazing parts of this Series by checking out the Uchained Collection Below: (check back soon) https://www.unchained-capital.com/blog/ Don't forget that if you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

A most profound aspect of Bitcoin is that we know, with certainty, what the monetary policy will be no matter how far we look into the future. If we choose to secure sound money for the world, then we have to establish the important markets, build the tools and protocols, and most importantly make the tough decisions *now, * instead of kicking the can down the road. Following the first era, this required a change with how we used this incredible resource.  And just like last time, we will have to change again. The Third Era will come with yet another Bitcoin civil war. Are we preparing for that future, or are we complacent in the present? A new recording with some fresh commentary, we read a great piece that I totally forgot I had already covered on the show, but that deserves a second round anyway, Rusty Russell's "The Three Economic Eras of Bitcoin" https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a https://twitter.com/rusty_twit --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Carcampit from the Friends Against Government Podcast joins me to close out 2019 with a discussion on the crazy changes we have seen this year, both in Bitcoin and in so many other areas. We discuss... • The Stock-to-Flow model • Binance & Censoring Coinjoins • The Eurochain • Strip Searching your Devices • The Year of Lightning • New Media • A Bright Future for Privacy & much more! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Closing out an extraordinary year in 2019 has us looking forward at 2020 & Beyond. What will we bring to Bitcoin, and what could Bitcoin bring to us? Today we read an amazing thread by John Newbery on the exceptional list of tools and technologies making their debut on the Bitcoin and Lightning protocol stack that will change everything about how we interact with and use this incredible technology. So much exciting stuff to go over, don’t miss “A Bitcoin Roadmap” twitter thread by John Newbery. Link to John's thread and thorough list of links included to explore the tons of improvements on the horizon, or already available to be built with. I highly encourage a dive down this rabbit hole! https://twitter.com/jfnewbery/status/1208559196465184768 • Jack Mallers & Announcing Olympus (fiat-to lightning in seconds) https://twitter.com/JackMallers [audio] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_299---Announcing-Olympus--From-Fiat-to-Lightning-in-Seconds-Jack-Mallers-e5j7ko • Schnorr & Privacy by Lucas Nuzzi https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_226---Schnorr-Signatures--The-Inevitability-of-Privacy-in-Bitcoin-Lucas-Nuzzi-e3jfhi • Taproot is Coming by Aaron Van Wirdum https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_318---Taproot-is-Coming-Aaron-van-Wirdum-e8um0c • Lightning & the "Noinput Class" by Aaron Van Wirdum https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_297---Simplifying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot – including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very specific characteristics – they were not merely symbolic or decorative objects."  - Nick Szabo If you haven't listened to it yet, the time is now. If you have listened to it, then it can't hurt to listen to it again. One of the most essential prerequisites in the Bitcoin space to shine a light on the foundations of money, its history, and the nature of its origins. Today we reboot Nick Szabo's incredible piece, "Shelling Out: The Origins of Money." Check out the original piece hosted on the Nakamoto Institute, and of course the unenumerate blog where you can find hundreds of other excellent posts and works by Nick Szabo. https://nakamotoinstitute.org/shelling-out/ https://unenumerated.blogspot.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable."  - Hass McCook As I walk in the valley of fiat, I shall not fear the Economic Reckoning! You don't want to miss this awesome piece by @FriarHass on the "True Believers" of Bitcoin, and why it is not only a religion, but the one True Way. One of the many great articles in the recently released edition 2 of The Bitcoin Times. Check out the amazing links below for more great work and to drop some applause on this wonderful piece! Original Article: https://medium.com/the-bitcoin-times/the-passion-of-the-believers-bf26f3b46315 The Bitcoin Times Editions 1 & 2 https://sites.google.com/getamber.io/thebitcointimes/ If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is there a single key factor in the difference between the assurances in PoS vs PoW? The knowledge and proof that there is a real world, inescapable cost to both producing the currency, & editing the chain history - unforgeable costliness.  Learn about this, the private keys attacks that risk entire contesting histories in PoS systems, and to the nothing-at-stake problem. This and more in today's read! Check out the original (hit that applause button) plus the other great pieces Hugo has on his Medium page! https://medium.com/@hugonguyen/proof-of-stake-private-keys-attacks-and-unforgeable-costliness-the-unsung-hero-5caca70b01cb For a deeper dive into unforgeable costliness, listen to the absolute essential read, by Nick Szabo, "Shelling Out, The Origins of Money." https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-Nick-Szabo-e2ndom If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

What is the true set of differences between Proof of Work, and Proof of Stake? What are the engineering mindsets behind them both, and which is built explicitly to survive in the worst-case scenarios? Find out this and more in today’s read of Hugo Nguyen’s excellent piece “Proof of Stake & the Wrong Engineering Mindset.” This will be the beginning of a short series that will finish out our week attacking the PoS design from all angles. Subscribe so you don’t miss it. Follow Hugo on Twitter and Medium to explore his other great work and so you don't miss his next one! https://twitter.com/hugohanoi https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2 Other great Episodes and works mentioned in today’s commentary: Nassim Taleb's "Block Swan" https://www.amazon.com/Black-Swan-Improbable-Robustness-Fragility/dp/081297381X/ref=sr_1_1?keywords=black+swan+nassim&qid=1576710842&s=books&sr=1-1 CarCampit's "Bitcoin Blockade runner" https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_160---Bitcoin--Blockade-Runner-of-the-Information-Age-CarCampit-e2ndpf The Drunkard's Walk https://amzn.to/2Mzzr2K The Bitcoin Survivor's Book List https://thecryptoconomy.com/bitcoin-survivors-book-list/ Hugo Nguyen's other great articles in audio: Ethereum Architecture is Flawed • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_223---Ethereum-Architecture-is-Flawed-Hugo-Nguyen-e3i5k1 Anatomy of Proof of Work • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_158---Anatomy-of-Proof-of-Work-Part-1---Hugo-Nguyen-e2ndpg Bitcoin, Chance, and Randomness • https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_159---Bitcoin--Chance--and-Randomness-Part-2---Hugo-Nguyen-e2ndpi If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Don't forget to check out the Bitcoin Magazine Podcast and follow Dave on Twitter! https://twitter.com/DsHollers https://twitter.com/BitcoinMagazine Additional resources from the chat: • Does Bitcoin Need Accountants? (audio) • A Most Peaceful Revolution (audio) • Cryptoconomy website • Bitcoin Time Traveller (audio) • Bitcoin Is Worse Is Better (audio) • The Sovereign Individual --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message