Bitcoin Audible

"We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they wouldn’t raise rates after a massive monetary expansion, and then went on to raise them faster than at any time in U.S. financial history." — Mark Goodwin Today we have a very entertaining development thanks to the fools at the Federal Reserve Bank of Chicago. Bitcoin Magazine is being threatened with a lawsuit over t-shirts they are selling that mock the FEDNOW program that the Fed states "has built up substantial goodwill" and that these shirts and merchandise will cause "confusion, mistakes, and deception." No, this is not a parody, it appears to be real. So we pause our regularly scheduled programming today to explore this beautiful little moment in Clown World. Check out the original article at: Bitcoin Magazine A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------ "He knows nothing; and he thinks he knows everything. That points clearly to a political career." — George Bernard Shaw --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain... what if that was not only true, but that there were no limits? What if literally anything you could write into code, any program, app, game, theoretically even an entire operating system could be constructed such that its valid execution determined the ownership of Bitcoin? What if there were no limits, and you could build everything on Bitcoin? Today we dive into BitVM with Robin Linus and Super Testnet. A virtual machine built entirely in Bitcoin script, with no soft fork needed. This could change everything. Links for further exploring: - ⁠BitVM whitepaper⁠ - ⁠github.com/bitvm⁠ - ⁠GitHub - supertestnet/tapleaf-circuits: A proof-of-concept implementation of BitVM for bristol circuits⁠ - ⁠Telegram: Contact @bitvm\_chat⁠ - ⁠яobin linus (@robin\_linus) / X⁠ - ⁠Robin Linus⁠ Check out our awesome sponsors! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Federal Reserve to give into anyone or anything, let alone Bitcoin. Be honest, Bitcoin is surely not big enough to be a threat to the U.S. dollar. The United States is far more concerned with U.S. dollar dominance being threatened by, say, the Chinese yuan. Bitcoin on its own has not destabilized anything." — George Kaloudis Will the Federal Reserve be "reigned in" thanks to Bitcoin? Will the continued success of Bitcoin's growth and network effect mean that the Federal Reserve capitulates? That they admit the failures of their approach and start appeasing the sound money tropes and calls for austerity? George Kaloudis makes an entertaining case in today's read, that the answer is in fact, "No." Check out the original article at: https://bitcoinmagazine.com/markets/bitcoin-wont-fix-the-federal-reserve If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast Check out our amazing sponsors who make this show possible: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold ----------------------- “You only live once, but if you do it right, once is enough.” ― Mae West --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and implementation instead of a half-defined and vague concept. That is massive progress in terms of addressing Lightning's long-term scaling limitations." — Shinobi Today we dive into a cool proposal that takes advantage of covenants to build the first, practical implementation of a "lightning factory," or in other words, a way to create hundreds, even thousands of lightning channels taht exist entirely off chain and require only the most minimal footprint in the cases where things go wrong. Another great piece by Shinobi breaking down the technical developments that matter. Check out the original article at: Bitcoin Magazine If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast Check out our amazing sponsors who make this show possible: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- “To believe in something, and not to live it, is dishonest.” ― Mahatma Gandhi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use it, it's time to answer the most basic question for getting started... How do I get some Bitcoin!? Let's dive in with Bitcoin Basics episode 008. Wallets: getalby.com | Phoenix Wallet Nostr: primal.net Buy Bitcoin: Sign Up to Buy & Sell Bitcoin | River SwanBitcoin Strike FoldApp CashApp Other episodes: Basics_06 A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- "The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed." — Albert Einstein --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"After four years of work, James O'Beirne's assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is merged into Bitcoin Core." — Shinobi There has always been a gap between the sovereignty, privacy, and security of software, and the usability of it. But thanks to an enormous amount of work and brilliant developers, day by day that gap is getting smaller. Where the most secure tools, the most robust node setups, the non-custodial options, are getting easier, faster, and more responsive. Today we have an article by Shinobi on another seemingly small, but potentially very impactful development on bootstrapping a new node, with assumeutxo finally merged, into Bitcoin Core. If you want to know what that means, then don't miss this episode. Check out the original article at: Bitcoin Magazine A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------- “Be yourself; everyone else is already taken.” ― Oscar Wilde --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment widgets vs. coding a node into an app. With the Breez SDK, Lightning beats fiat across the board. It’s faster to implement (as Ross says, “It’s like one or two API calls to set up a node, one to send a payment and one to receive payment”), cheaper to use, legally less complicated (check your jurisdiction), more private, and the UX is on par with fiat for the user and even better for the developers." — Roy Sheinfeld If you are curious what the future of lightning is going to look like, or exactly how huge the runway is for adoption and onboarding in the next bull run, then this short article detailing out a simple example will show you just how powerful the Breez SDK + Blockstream Greenlight combo really is. Non-custodial, always online, instant node setup, and zero channel or liquidity management. This is the culmination of everything built in lightning to date, and its going to be a game changer! Check out the original article at: Satimoto Is Beating Fiat with the Breez SDK | Breez Technology - https://medium.com/breez-technology/building-on-lightning-how-satimoto-is-beating-fiat-with-the-breez-sdk-88aa8252a994 Check out some of Roy's other great articles covered on the podcast: Read_701 - Lightning for Everyone in Every App Read_574 - Lightning & The Internet - Choosing the Right Path Read_732 - We Need More Apps With Lightning, Not More Lightning Apps Read_450 - Getting Lightning Ready for Global Takeover A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠⁠ ----------------------------------------------------------------- "It takes considerable knowledge just to realize the extent of your own ignorance." — Thomas Sowell --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being able to challenge a few steps of the computation on-chain if the other party asserts a dishonest outcome. In short, BitVM will bring arbitrary Turing-complete computation, in an enforceable way, to bitcoin itself – today." What if you could enforce the ownership of Bitcoin, with literally any code you could think of writing? That may just be possible, today, without any changes or soft forks to the underlying network, through a system of abstraction that cleverly, and verifiably, allows execution of completely arbitrary code within the Bitcoin script, which will determine the ultimate owner of any bitcoin balance. This, could be massive. A great piece from Shinobi explains, how and why it works... Check out the original article at: Bitcoin Magazine Links: Spiderchains: A proof of stake second layer for Bitcoin Read_734 - Introducing Ark [Burak] A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show! 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ----------------------------------------------------------------- “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 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

I hope you listened to the recent read by Beautyon, Bitcoin and Software Reliability, because today we continue our FUD Relief series. I suspect you have heard the claim that "Bitcoin doesn't innovate" and that newer and shinier blockchains are destined to replace it. I explore this idea today and suggest that the very framing of the claim suggests they have misunderstood Bitcoin's highest value. I break it down in today's Guy's Take episode. Check out our amazing sponsors: 9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠ Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠⁠⁠. Use my link to go to ⁠⁠⁠bitcoinaudible.com/nodeless⁠⁠⁠ and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I'll throw 10,000 sats your way! Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠⁠ ------------------------------------------------------------------ “The system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not.” — F. A. Hayek --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold⁠ Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in re-decentralizing the web and how both Bitcoin and Ai are at the core of making it possible. Guest Links Follow Obi on X (Link: https://x.com/obi) Follow Fedi on X (Link: https://twitter.com/fedimint) Fedi Website (Link: https://www.fedi.xyz/) 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)