Guy’s Take_084 – Fiat Finance

Many people make the serious miscalculation, that if the CPI isn’t too high, then printing money isn’t a problem and doesn’t really cost them anything. This couldn’t be further from the truth. All it means is that the cost is just that much harder to see. But if you want to look at something that is truly dominated by the fiat culture and incentives of the money, there is no better example, than finance. This is where the money printing begins, and so all of the disastrous effects of monetary inflation and fiat, occur first, and to the greatest degree, in the financial sector. So take a dive, into fiat finance. Its time for a guy’s take episode…
Links to check out
AI Unchained Podcast: Another podcast by Guy Swan. (Link: https://tinyurl.com/fjt7satz)
Devs Who Can’t code: You don’t need to be a coding wizard to build apps (Link: https://tinyurl.com/35rsnm7j)
Bit Block Boom Talk: Guy Swan’s speech on the consequences of fiat money [7:27:22 – 8:04:22] (Link: https://tinyurl.com/29pvevc7)
Alan Farrington’s Article: “Only the Strong Survive” (Link: https://tinyurl.com/krzbu87p)
Alan Farrington’s Article: “Green Eggs and Ham” (Link: https://tinyurl.com/yne2az8y)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
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Ai_021 – Ai Hardware & the Next Wave

In today’s episode of AI Unchained we dive into a plethora of new developments in Ai tailored hardware, the scope of what leaps in performance and capacity we may see in the next year, what it means for open source, how to access your local run Ai from anywhere with the Pear Stack, and yet another major tool in generative Ai that will take story telling to a new level? Join Guy Swan as he unpacks the latest and their profound implications for both developers and users alike.
Links to check out
Nvidia A100 chip (Link: https://tinyurl.com/w2sw7ypr)
Nvidia H100 chip (Link: https://tinyurl.com/bdznducy)
AMD’s MI 300X (Link: https://tinyurl.com/5ay5vm48)
Google Axion Processors/Arm-based CPUs (Link: https://tinyurl.com/jd7chher)
IBM’s AI chips (Link: https://tinyurl.com/y8kjyk8p)
Apple’s AI integration in iOS (Link: https://tinyurl.com/4k8dz7u9)
Panochio tool for web generation (Link: https://pinokio.computer/)
Pinokio application for local hosting of AI tools (Link: https://docs.pinokio.computer/download/)
LM Studio AI model management (Link: https://lmstudio.ai/)
Keet chat app and the Pear protocol (Link: https://keet.io/)
Mixtral 22B and other models from Hugging Face (Link: https://tinyurl.com/mv67p2uy)
LLM Studio for managing large language models (Link: https://tinyurl.com/3fbactk2)
TorchTune documentation (Link: https://pytorch.org/torchtune/main/)
Mistral AI (Link: https://tinyurl.com/33zjuy9z)
GitHub SWE-agent (Link: https://tinyurl.com/3hjwnv5d)
Holesail (Link: https://holesail.io/)
Tom Davenport on X (Link: https://tinyurl.com/438r9z69)
UdioAI (https://udioai.ai/)
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)…
Read_814 – Dogma Kills Brain Cells

“That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t have had the motivation to do so. Without that dogma, those people would not have had customers and users to build anything for in the first place. It was the foundation of everything we have around us today.
Now the inevitable is happening: the foundation is cracking.”
~ Shinobi
Guy Swan delves into an article by Shinobi from Bitcoin Magazine, exploring the complexities of ideological dogmas within the Bitcoin community. The episode questions the sustainability of foundational beliefs that have driven the cryptocurrency’s ecosystem thus far. What happens when the dogmatic pillars that supported the growth of Bitcoin begin to crumble? Tune in as Guy Swan offers a deep dive into these evolving controversies, providing insights that challenge the conventional wisdom of Bitcoin’s invulnerability to ideological shifts.
Check out the original article at Dogma Kills Brain Cells. (Link: https://tinyurl.com/3ma2pu56)
References from the show
Devs Who Can’t Code #1 (Link: https://tinyurl.com/35rsnm7j)
Devs Who Can’t Code #2 (Link: https://tinyurl.com/25juuzbt)
Read_783 – Ordinals Are Fiat, Inscriptions Aren’t Rare (Link: https://tinyurl.com/yu8aurbw)
Guy’s Take #66 – Pooping in the Park (Link: https://tinyurl.com/38xkkfrs)
Guest Links
Brian Trollz on X (Link: https://twitter.com/Brian_trollz)
Brian Trollz on Bitcoin Magazine (Link: https://tinyurl.com/bded6sw8)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
“Why do you want to kill me? [Joker Laughs] I don’t want to kill you! God what would I do without you? Go back to ripping off m…
Read_813 – Mises’s Regression Theorem, Bitcoin, and Subjective Value

“On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would have to be first valued for its direct utility before it could hold indirect exchange value. So have the criteria been met, or does Bitcoin violate the theorem?” – Emile Phaneuf
You’ve inevitably come across the argument that Bitcoin violates Mises’s Regression Theorem if you’ve been in bitcoin long enough, but is this really true? And with the obvious and undeniable emergence of Bitcoin, what can this tell us about Mises’s observation, and how it applies with the dynamics of the digital age?”
Check out the original article at: Mises’s Regression Theorem, Bitcoin, and Subjective Value Theory | AIER (Link: https://tinyurl.com/49udz4pp)
Guest Links
Emile Phaneuf on X (Link: https://tinyurl.com/3c87c2tt)
Emile Phaneuf on AIER (Link: https://tinyurl.com/4w9b5an9)
Emilie Phaneuf Website (Link: emilephaneuf.com)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”
~ Ludwig von Mises
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Chat_097 – Lightning Offline with Super Testnet

“Hedgehog uses relative time locks. So that if they don’t have to worry about closing that channel with a relative time lock, it’s whenever you do close the channel, now you’ve got 2016 blocks to sweep the money using the pre-image. Otherwise I can sweep it after those 2016 blocks go by… And because it only uses relative time locks, it’s much more delay tolerant… In the Lightning Network today, you’ve got hours to settle these things. And often if someone sends a zap to somebody and then they turn off their computer or turn off their phone and go to the supermarket or whatever, they come back and their channel’s been forced closed because it’s not very delay tolerant. It only gives you hours. But the Hedgehog Network can give you months.”
~ Super Testnet
In this episode, I dive into the challenging yet fascinating topic of offline payments with my guest, Super Testnet. Super Testnet, a seasoned independent freelance software developer, shares his latest venture into solving some of the Lightning Network’s most persistent challenges through a new protocol called Hedgehog. We discuss the technical nitty-gritty of Lightning transactions, the innovative approach of revocable scripts, and how Hedgehog might just change the game for Lightning Network payments.The conversation covers the mechanics of the Lightning Network, the complexities of conducting seamless transactions without both parties being continuously online, and the promising solutions Hedgehog proposes. Additionally, we touch upon BitVM, delving into its development, functionality, and potential impact on the broader Bitcoin ecosystem.If you are interested in understanding the technical foundations of Bitcoin’s second-layer solutions and the cutting-edge developments aimed at refining digital transactions for enhanced efficiency, security, and ease of use, then this one’s for you.
Guest Links
Super Testnet on X (Link: https://twitter.com/super_testnet)
Super Testnet on Nostr (Link: https://tinyurl.com/3454693p)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
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Guy’s Take_083 – It’s Going Up Forever, Laura

“It’s going up forever, Laura.”
~ Michael Saylor
I know to many people that sounds crazy, and I can still see in my mind why it sounds crazy. Today, I’m going to make the argument for why it isn’t crazy, but both natural and intuitive. Also, why it *doesn’t* mean what you are probably picturing in your head. I’m going to make the case today, and I hope that you walk away realizing that this isn’t unrealistic at all, but is the way it’s *supposed to work,* that Bitcoin is, in fact, going up forever, Laura.
Links to check out
Fountain App (Link: https://www.fountain.fm/)
Mises Caucus (Link: https://lpmisescaucus.com/)
TAPSIGNER (Link: https://tapsigner.com/)
Bitcoin Canon (Link: https://www.swanbitcoin.com/canon/)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
“It’s the questions we can’t answer that teach us the most. They teach us how to think. If you give a man an answer, all he gains is a little fact. But give him a question and he’ll look for his own answers.”
~ Patrick Rothfuss, The Wise Man’s Fear
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Chat_096 – Surviving the Shift to a Bitcoin World with Jack Spirko

“People that are in the Western world and specifically in the United States, what they’re realizing, whether they can say it this way or not, is you’re watching the end of an empire. I said this for a long time, and it’s not the empire is going to collapse. The empire is collapsing right now. We are in the midst of, and people say economic collapse, it’s empire collapse, which means economic is part of it.”
~ Jack Spirko
In this episode I interview Jack Spirko, host of The Survival Podcast, delving into the intersection of self-reliance, Bitcoin, and navigating the complexities of modern society.We explore the significance of preparedness in the digital age, the evolution of Bitcoin and its role in fostering financial autonomy, and discuss practical strategies for building a self-sufficient lifestyle amidst the challenges of a rapidly changing world.
Guest Links
Jack Spirko on X (Link: https://twitter.com/TheSurvivalPodc)
Jack Spirko on Nostr (Link: https://tinyurl.com/axmfppx5)
Jack Spirko Podcast (Link: https://www.thesurvivalpodcast.com/)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
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Ai Read_006 – How (Actually) Open AI Wins

“As I see it, humanity is at a turning point where we must either embrace a small handful of totalitarian super intelligences or move AI to the edge, allowing a wide diversity of machine intelligences to flourish in cooperation with an equally diverse set of human intelligences, forming a truly decentralized hivemind. Fortunately, there’s mounting evidence that open source models will be the ultimate winners.”
~Hivemind Ventures
Our read from HiveMind Ventures today argues that the future of AI development hinges on embracing open-source models and decentralization to counteract the monopolistic tendencies of large corporations and governments. What if we already have the tools and foundations to create a genuine decentralized hivemind of human and artificial intelligences that change how we organize and progress. What if these tools are right under our nose, today? Would you want to know what they are?
Check out the original article at How (Actually) Open AI Wins. (Link: https://hivemind.vc/ai/)
Links to check out
Replit (Link: https://replit.com/)
Hugging Face (Link: https://huggingface.co/)
Langchain (Link: https://www.langchain.com/)
Mosaic ML (Link: https://tinyurl.com/48u2c4yv)
Nomic AI (Link: https://www.nomic.ai/)
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.freem…
Read_812 – Congress is Criminalizing Privacy

“We know the law is unconstitutional.
FinCEN knows the law is unconstitutional.
FinCEN knows we know the law is unconstitutional.
And yet we’re supposed to pretend like nothing happened and comply with an illegal law.”
~ Jameson Lopp
What do we do when a regulatory agency continues to enforce an illegal law against a judicial verdict? Jameson Lopp explores the Corporate Transparency Act (CTA), revealing how it mandates extensive reporting to the Financial Crimes Enforcement Network, compromising individual privacy and security under the guise of legal compliance. How does this act, despite being challenged for its constitutionality, reflect broader tensions between privacy rights and government surveillance in the digital age?
Check out the original article at Congress is Unconstitutionally Criminalizing Privacy. (Link: https://tinyurl.com/46h3swp3)
Guest Links
Jameson Lopp on X (Link: https://twitter.com/lopp)
Casa (Link: https://casa.io/)
Jameson Loop Website (Link: https://tinyurl.com/5n863ah7)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
“People have only as much liberty as they have the intelligence to want and the courage to take.”
~ Emma Goldman
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Read_811 – Speaking Freely

“You have to decide how to move forward. You have to decide what game you want to play; how much responsibility you are willing to shoulder. Do you want to stay stuck in the machine? A machine that uses and abuses you? A machine that feeds itself by extracting and devouring your time, attention, and value? Or do you have the courage to take control of your wealth, health, thoughts, and speech?”
~ DerGigi
Free speech is a non-negotiable foundation for society and human progress, as the open exchange of ideas allows us to productively clash perspectives and arrive at truth. Free speech and societal evolution are inextricably linked, our discussion today underscores how critical unrestricted discourse is to confronting humanity’s most complex problems. But there is a huge concern in our current era… how can we ensure robust protections for free speech in an era of increasing censorship and centralized control over communication platforms?
Check out the original article at Speaking Freely – On the Oxymoron of Free Speech Platforms. (Link: https://tinyurl.com/4aem73sy)
Guest Links
Gigi on X (Link: https://twitter.com/dergigi)
Gigi on Nostr (Link: hhttps://tinyurl.com/2jhz4y6t)
Gigi Website (Link: https://dergigi.com/)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
“If freedom of speech is taken away, then dumb and silent, we may be led like sheep to the slaughter.”
~ George Washington
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Ai_20 – Instability Ai & Commoditized Intelligence

Today we delve into the leadership upheaval at Stability AI, Apple finally putting their cards on the table, the breadth of tools available for image and video generation, more ways to use LLMs to build micro apps, the release of numerous new models, and highlighting broader trends in the AI industry that may be rising to the surface. What might recent developments in the space reveal about the future of open source and centralized Ai? Are we headed toward a brighter, or much darker future? Find out in today’s show.
Links to check out
Sora video generation (Link: https://tinyurl.com/2tmz8tt9)
RunwayML (Link: https://runwayml.com/)
Pika Labs (Link: https://pikalabs.org/)
Stability Ai (Link: https://stability.ai/)
Fountain.fm (Link: https://fountain.fm/)
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 Keynesia…
Chat_095 – The Fall of the Fiat Empires with Preston Pysh

Guy Swann and Preston Pysh explore the dramatic shifts in global finance and the pivotal role of Bitcoin amidst rising inflation and the banking sector’s vulnerabilities. They discuss how Bitcoin’s growing influence could recalibrate financial power dynamics, offering a stark contrast to traditional economic mechanisms prone to manipulation and control.
How might Bitcoin’s ascent challenge the existing financial order and catalyze a shift towards more decentralized, resilient economic structures?
Guest Links
Preston Pysh on X (Link: https://tinyurl.com/mru7sfrk)
Preston Pysh on Nostr (Link: https://primal.net/preston)
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)
Check out our awesome sponsors!
Get 10% off the COLDCARD with code BITCOINAUDIBLE (Link: bitcoinaudible.com/coldcard)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)
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