Bitcoin Audible

Bringing back an old post for Hal’s Day. 6 years ago today we lost Hal Finney. This post was one of his last on the BitcoinTalkForums, knowing he would leave us soon, and how he saw his legacy. RIP Hal, we will see you again. --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"In Part 6 of this “Discovering Bitcoin” series, we will build on the idea of using digital puzzles as a way to reproduce scarcity, and on the importance of a supply-control mechanism to grant some hardness to digital money, to explore concepts of proving ownership through signatures and scripts, and the technique known as CoinJoin."  - Giacomo Zucco Find the original article and links to the other great reads in this series at Bitcoin Magazine: https://bitcoinmagazine.com/articles/discovering-bitcoin-part-6-digital-contracts Check out the previous parts if you haven't yet! Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv Part 3 - Introducing Money: https://anchor.fm/thecryptoconomy/episodes/Read_426---Discovering-Bitcoin-3-Introducing-Money-Giacomo-Zucco-ehphre Part 4 - A Wrong Turn: https://anchor.fm/thecryptoconomy/episodes/Read_428---Discovering-Bitcoin-4---A-Wrong-Turn--A-New-Plan-Giacomo-Zucco-ei2k64 Part 5 - Digital Scarcity: https://anchor.fm/thecryptoconomy/episodes/Read_429---Discovering-Bitcoin-5---Digital-Scarcity-Giacomo-Zucco-ei9ln3 Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! Much love to the Let's Talk Bitcoin Network for sharing this show out with their audience, and the other excellent shows they produce for the Bitcoin space! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality. History shows us that the corruption of monetary systems leads to moral decay, social collapse, and slavery. As the temptation to manipulate money has always proven to be too strong for mankind to resist, the only antidote for this poison is an incorruptible money — Bitcoin." - Robert Breedlove This is the full, no commentary version of Breedlove's epic piece, "Masters & Slaves of Money." Find the link to his medium page and the original publication below: https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"We need to be able to disassociate from our identities to protect ourselves. We need the freedom to selectively reveal ourselves. We need the possibility to rally behind names, symbols, masks, and the ideas they represent — using transient identities and wearing masks ourselves if we have to. If identities are permanent and transparent, rebellion and revolution are impossible." - Gigi A great piece from the epic blog over at Citadel21.com, by none other than Gigi, author of 21 Lessons. What is importance and impact of pseudonymity? Why should we be vigilant about the preservation of privacy in cyberspace? Find out in today's excellent read, "True Names Not Required" Read the original and so many other great posts at Citadel21.com No sponsor for today's show but you can always support the podcast by supporting your future with a Swan Bitcoin savings plan and using swanbitcoin.com/guy to start auto-buying Bitcoin every day, week, or month and stacking sats for your future. You can always share the show out or drop some tips at Tippin.me/@thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“ignorance or delusion is one of the three causes of our suffering (the other two are attach­ment and aversion). So when we are deluded about reality, we perpet­uate suffering. When we are aware of reality as it is, we avoid suffering." - Reed Wommack We read a piece today from the Swan Bitcoin blog that explores the very conceptual limits of infinity and how scarcity is integral to the very concept of reality. What doest his mean for our lives, for our happiness, and for the value we create? A Bitcoin Meditation. Check out the original article and other great work and videos available at the Swan Signal blog: https://www.swanbitcoin.com/accepting-scarcity-a-bitcoin-meditation For another trip down the concepts of scarcity and time, a fantastic read is Misir Mahmudov's "This Book Will Save You Time" which you can find at the link below: https://www.audible.com/pd/B08B77MR7F/?source_code=AUDFPWS0223189MWT-BK-ACX0-201657&ref=acx_bty_BK_ACX0_201657_rh_us Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Continuing the excellent series of Discovering Bitcoin, moving into the digital age, we have lost the most fundamental element of our money, it's "hardness." By what means can we get it back? Can we make a scarce money in the digital world, that has no authority, no ruler? Can we restore the freedom of decentralized money? Find out about the brilliant use of difficult puzzles, to achieve digital hardness, in part #5 of Giacomo's excellent series, "Digital Scarcity." Find the original article and links to the other great reads in this series at Bitcoin Magazine: https://bitcoinmagazine.com/articles/discovering-bitcoin-part-5-digital-scarcity Check out the previous parts if you haven't yet! Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv Part 3 - Introducing Money: https://anchor.fm/thecryptoconomy/episodes/Read_426---Discovering-Bitcoin-3-Introducing-Money-Giacomo-Zucco-ehphre Part 4 - A Wrong Turn: https://anchor.fm/thecryptoconomy/episodes/Read_428---Discovering-Bitcoin-4---A-Wrong-Turn--A-New-Plan-Giacomo-Zucco-ei2k64 Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! Much love to the Let's Talk Bitcoin Network for sharing this show out with their audience, and the other excellent shows they produce for the Bitcoin space! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

“We find the global acceptance, brand recognition, ecosystem vitality, network dominance, architectural resilience, technical utility, and community ethos of Bitcoin to be persuasive evidence of its superiority as an asset class for those seeking a long-term store of value." - Michael Saylor These are the words of the CEO of MicroStrategy, an enterprise analytics firm that has made a huge investment into Bitcoin, not truly as a speculative avenue, not as a small allocation in order to gain exposure to its potential upside, and protect from downside risk, and not as a means to provide a service for the industry or change their business strategy. They have purchased 21,424 bitcoins after an analysis of the global macro environment, the failing faith in the fiat financial system, and in seeking a long term store of value with significant growth potential. They have looked at their treasury and compared their options, to either hold the mighty US dollar (the current global reserve currency) or Bitcoin (the most secure, independent digital currency) and have decided that the principal holding of their treasury reserves, would be safer in Bitcoin. The Dominos are beginning to Fall Check out the Fidelity article mentioned in this episode to dig further: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_183---Custody-in-the-Age-of-Digital-Assets-Fidelity-Digital-e2ndoi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few big, public, trusted, vulnerable entities he can easily seize control of." - Giacomo Zucco Continuing the excellent series of Discovering Bitcoin, this is an awesome set of articles covering thousands of years of monetary history and evolution all the way to The Lightning Network. Today's part is "A Wrong Turn," breaking down the process of innovating money to solve the "scaleness" problem, that ended up putting at huge risk of control and corruption, the "hardness" and "darkness" of our money. Into the age of full virtualization, what could possibly solve this? Do we need a New Plan? Check out the previous parts if you haven't! Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv PArt 3 - Introducing Money: https://anchor.fm/thecryptoconomy/episodes/Read_426---Discovering-Bitcoin-3-Introducing-Money-Giacomo-Zucco-ehphre Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! If you haven't gotten your collectors copy of the Bitcoin Magazine, you can check it out at the store below! https://store.bitcoinmagazine.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The Jevons paradox is a staple of environmental economics used to describe how the introduction of more efficient technologies tends to increase the consumption of resources rather than decrease it." - Alex B. Will Lightning steal fees from Bitcoin miners and threaten the security of Bitcoin into the future? Or will is be the aggregation layer that enables so many additional and higher value use cases for Bitcoin block space, that it may be the very thing necessary to enable the fee growth needed to sustain Bitcoin indefinitely? An excellent piece read today from Alex B... The Lightning Paradox: https://medium.com/@bergealex4/the-lightning-paradox-f15ce0e8e374 Don't let your grandchildren hate you! Stack sats for the long term with a reliable, auto buy savings plan, and get $10 FREE to start at SwanBitcoin.com/guy The other thing to immunize yourself against your future grandchildrens' menacing hatred is to tell everyone you know about Bitcoin Audible, and send them on their journey down the rabbit hole! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

"The goods that fare better in hardness, scaleness and darkness will compete, and the first one to reach a critical mass will start swallowing the others, as far as monetary uses are concerned." - Giacomo Zucco Continuing with the excellent series from Giacomo and Bitcoin Magazine, "Discovering Bitcoin: From Cavemen to the Lightning Network," we dive into Part 3 - Introducing Money. Building of the base concepts of savings in order to acquire time, of durability in a good to store that time, to investment in order to create greater productivity, and then to exchange and specialization, we finally introduce the ultimate good enabling cooperation on a massive scale, Money. Listen to Parts 1-2 if you haven't yet to get a foundation for this piece: Part 1 - About Time: https://anchor.fm/thecryptoconomy/episodes/Read_422---Discovering-Bitcoin---From-Cavemen-to-Lightning--Part-1-Giacomo-Zucco-ehdkrb Part 2 - About People: https://anchor.fm/thecryptoconomy/episodes/Read_424---Discovering-Bitcoin-2---About-People-Giacomo-Zucco-ehgquv Other essential reads mentioned in the Guy's Take section for going deeper down the rabbit hole on the nature & origins of money: Shelling Out: The Origins of Money [Nick Szabo] Money, Blockchains, & Social Scalability [Nick Szabo] Stack sats automatically in your DCA Bitcoin savings plan at SwanBitcoin.com/Guy and get $10 for FREE to start off! A huge thank you to BitcoinMagazine for making these available and to the Let's Talk Bitcoin Network for sharing this out to Bitcoiners everywhere! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message