Read_748 – Bitcoin & the Rise of the Cypherpunks [Lopp]

“While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this history, we can understand the motivations behind the movement that spawned bitcoin and share its vision for the future.”

Context matters. If you don’t know the history of the cypherpunks and where we are coming from. Then you may not really know where we are today. Listen to Lopp’s amazing piece from 2016, Bitcoin & the Rise of the Cypherpunks.

Check out the original article at: Bitcoin and the Rise of the Cypherpunks

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“All political theories assume…that most individuals are very ignorant. Those who plead for liberty differ…in that they include among the ignorant themselves as well as the wisest.” — F.A. Hayek

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Read_747 – The Bondholder’s Burning Platform [Croesus]

“Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current Japan, who is frankly in the final stages of circling the drain (e.g., central bank asset purchases and yield curve control).
Where is the US now? 129% debt-to-GDP.” — Jesse Myers

Don’t miss this excellent breakdown and visual analogy for the state of government debt and the promises of the US Treasury and the impossibility of a stable or growing value of the dollar in the future. The debt will be paid, in nominal terms, but the ability to hide the value loss in inflation overseas, is not holding up. Then add to this the BRICS nations establishing an eastern block of economic and monetary power… and you have a recipe for fire. Hope you aren’t invested in wood…

Check out the article and the many other great links mentioned in the show:
The Bondholder’s Burning Platform – by Jesse Myers:
https://www.onceinaspecies.com/p/the-bondholders-burning-platform
The Capital Strip Mine:
https://open.spotify.com/episode/6ifbWDnYHRGxrhd1NPv4BS?si=4da8844065a74db1
Read_587 – Bitcoin & The American West:
https://open.spotify.com/episode/0yEVCnBkTHT4IL01hEwTGe?si=c131120a77d34283
Read_512 – Why The Yuppie Elite Dismiss Bitcoin:
https://open.spotify.com/episode/0opbypclyNDF1GtwiL6Nbo?si=7d426c81415a43b8

A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
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“All that is gold does not glitter, Not all those who wander are lost.” — J.R.R. Tolkien

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Guy’s Take_068 – Lightning & the Ai Economy

Ai agents are going to be able to seek out, delegate, and pay for micro services from an ecosystem of other agents & services. But the resources being share will be delivered instantly, and irreversibly in the form of compute cycles. Only an instant, bearer, and irreversible payment method that scales massively will be able to meet the demands and provide a backbone for the economy of Ai exchange. In this Guy’s Take episode, I argue why I think Lightning is going to eat ALL of this ecosystem, and why fiat is incompatible. This is Guy’s Take #68 – Lightning & the Ai Economy…

Definitely don’t miss the conversation that got me headed down this rabbit hole on Ai Unchained: https://youtu.be/hI19IaODZPA

Bobby’s thread with further links to explore on Twitter:
https://twitter.com/iBobbyShell/status/1671485924218228737?s=20

More resources to explore on this topic:
https://lightning.engineering/posts/2023-07-05-l402-langchain/

A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
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Read_Reboot – Bitcoin and The American Idea [Alex Gladstein]

“Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was a bold and risky action. Never before had a colonial state defeated its overlord, especially at the apex of its global power.” — Alex Gladstein

For Independence Day and for all those travelers out there I’m bringing back an absolutely amazing piece by the one and only Alex Gladstein. If you haven’t heard it, then you are welcome for bringing it back. If you have heard it already… then you are welcome for bringing it back

Link to the original where you’ll also find Gladstein’s other great works:
https://bitcoinmagazine.com/culture/bitcoin-and-the-american-idea

HAPPY 4TH!

A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
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“The price of freedom is eternal vigilance.” — Thomas Jefferson

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Ai Chat_005 – Ai, Fiat Incompatible with Kody Low

“So we had built this for a while, but because API calls are basically free, there really wasn’t a good match for it. There were some good matches for it and people would do it, but as they were doing it, it was like ‘I can do it this way, but I can also do it with dollars.’ This is kind of a really interesting paradigm when it comes to Ai stuff is that there’s basically 3 or 4 different aspects of Ai that make it so you cannot use credit card relationships to solve the monetization problems there. But you can with Bitcoin and Lightning as it exists today, not requiring any changes to the protocol…”
~ Kody Low 
Today we dive into an incredible conversation with Kody Low from Fedi, who is hosting the Ai4All hackathon and believes he has found a solution to an increasingly huge, and seemingly impossible problem within Ai, that you can no longer distinguish human from robot online. What happens when Ai can create an infinite number of new identities? Is this the end of the open internet? find out in this awesome episode.
 
Links to the content mentioned on the show to check out

Andre Karpathy – Let’s build GPT: from scratch, in code, spelled out (Link: https://www.youtube.com/watch?v=kCc8FmEb1nY⁠⁠)
Brian Roemmelle on X (Link: https://twitter.com/BrianRoemmele)
ChatGPT and the Dawn of Computerized Hyper-Intelligence | Brian Roemmele | EP 357 (Link: https://www.youtube.com/watch?v=S_E4t7tWHUY⁠⁠)
GPT4ALL – A free-to-use, locally running, privacy-aware chatbot. No GPU or internet required (Link: https://gpt4all.io/index.html)
Fedi – Community money, chat, and more (Link: https://www.fedi.xyz/)
Stakwork.ai – With business process automation that integrates an always-on network of cloud sourced workers, it doesn’t have to. | Stakwork | A New Way to Get Work (Link: https://stakwork.ai/)
Join the Hackathon! Follow everything going on in the Ai4All tournament or become a builder yourself (Link: http://tinyurl.com/35yzcn9b) 

Guest Links

Kody Low on X (Link: https://twitter.com/kodylow)

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)

Read_746 – Orange Pilling Your Barber [Hector Alvero]

“Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accountants, teachers, firefighters and politicians, sit in their chairs, sometimes for hours. It is likely that no one else in your sphere of influence has the amount of time and trust to help others learn about and understand Bitcoin.” — Hector Alvero

We dive into a great, succinct Bitcoin Magazine article today on a surprisingly ripe, yet untapped resource for orange pilling. By focusing on the cultural mavens, those with the broadest networks and a unique environment for sharing ideas, could there be a shortcut to hyperbitcoinization? Hector makes a decent case that there might jsut be…

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⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“That is the paradox of the epidemic: that in order to create one contagious movement, you often have to create many small movements first.” ― Malcolm Gladwell

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Chat_82 – The Spirit of Satoshi

We recently had Aleks Svetski back on at Ai Unchained to discuss the project we hinted at in episode 2 that he made public at BTCPrague. The Spirit of Satoshi. A bitcoin centered, custom built LLM intended to encompass the bias, and the perspective of Bitcoin, cypherpunk, Austrian economic point of view. And why this explicit bias is actually a massive feature of Ai that the establishment has misunderstood. Don’t miss it.

Don’t forget to check out the launch page:
https://spiritofsatoshi.ai/

And you can get 9% your bitcoin hardware wallet to keep your BTC savings secure with code BITCOINAUDIBLE if you go to:
https://coldcard.com

And don’t forget to check out Ai Unchained if you haven’t. There will be much more content available on the youtube channel with tutorials and breakdowns of various tools I make use of in the future. Subscribe and stay tuned: https://www.youtube.com/channel/UClG-wqz-OuXfzbpqwJd3fVA

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Read_745 – Every Company Will Be A Lightning Company [Graham Krizek]

“Neither a startup nor a bank will ever be able to cost-effectively compete on a global scale with the Lightning Network.” — Graham Krizek

Today we hit a really interesting piece from the founder and CEO of Voltage digging into the recent decades development of every tech company moving to in-house financial instruments and cards. What the problems are that they have sought to get around, why they still get stuck with a plethora of other banking intermediaries, and why lightning not only offers very unique solutions, but also benefits that the fiat alternative can’t fundamentally do. Lightning feels like its positioned for another exciting period of growth. Don’t miss this short read from Krizek followed by a Guy’s Take on why every company, will be a lightning company.

Link to the article on Medium, Every Company Will Be A Lightning Company | by Graham Krizek: https://medium.com/@graham_krizek/every-company-will-be-a-lightning-company-806576920064

Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

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⁠⁠⁠⁠⁠⁠⁠• Buy Bitcoin at https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“Rather than love, than money, than fame, give me truth.” — Henry David Thoreau

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Read_744 – How To Position for the Bitcoin Boom, Part 2 [Adamant Research]

“Investing in bitcoin, we believe, is like having the ability to buy shares of a general “Internet ETF” back in the early 1990s, or like being able to buy undeveloped land on Manhattan Island at the start of the Industrial Revolution—it’s the opportunity of a lifetime.” — Adamant Research

Today we finish yesterday’s incredible report on how to think about the market opportunities, risk, and incredible potential rewards as we move forward and how best to secure and protect an investment in the ecosystem. All this and tons more in a lengthy Guy’s Take to follow, lol. Don’t miss it.

Check out the original report for more details, quotes, and further analysis from its author’s at the link below:
https://unchained.com/how-to-position-bitcoin-boom

Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

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• 100,000 FREE SATS until the end of June for simply trying — no subscription, no obligation — the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“A complex system that works is invariably found to have evolved from a simple system that worked. The inverse proposition also appears to be true: A complex system designed from scratch never works and cannot be made to work. You have to start over, beginning with a working simple system.” — John Gall, Systemantics

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Read_743 – How to Position for the Bitcoin Boom, Part 1 [Adamant Research]

“bitcoin is a protocol stack which we can expect to be expanding for many decades, and its foundation is that lean, simple database defended by the world’s strongest firewall; the bitcoin blockchain. In sum, we recommend to not worry about “diversification” in cryptocurrencies and to focus exclusively on bitcoin. It’s the right tool for the job, so pick it up and add it to your toolbox.” — Adamant Research
Today we dive into the amazing report from Adamant Research who have marked the key zones in the bear market of Bitcoin for the better part of a decade. Every time they have grounded, thorough analysis of the state of the market, the on-chain data that supports the longer term position in the cycle, and where the most compelling market position Bitcoin is likely to take moving forward.

Check out the original report with tons of graphics and extra details to explore, plus the amazing library of posts and data available from Adamant and Unchained: https://unchained.com/how-to-position-bitcoin-boom

Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

• Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠
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⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“I learned very early the difference between knowing the name of something and knowing something.” – Richard P. Feynman

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Chat_81 – An Austrian View of US Collapse with Peter St. Onge

“…At some point the entire financial system becomes a wholly owned subsidiary of the Federal Reserve” — Peter St. Onge

Today we dive into the fiat and banking crisis with Austrian economist Peter St. Onge in exploring the insolvencies of our banking and political institutions, how we got here, and where things are likely heading. What courses of action are available for the US government and the Fed and what can we take away from the historical examples of countries taking this same path to apply to our own? @ProfStOnge brings valuable perspective and insight to making sense of the fall of the US monetary system.

Follow him on Twitter for tons of great writing and regular breakdowns of the financial and monetary policy decisions: https://twitter.com/profstonge

Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

• Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠
• 100,000 FREE SATS until the end of June for simply trying — no subscription, no obligation — the Fold debit card at ⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“I can’t change the wind. But I can change the direction of my sail so that I always reach my destination.” — Jimmy Dean

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Read_742 – Trust Me Bro [Allen Farrington]

“Expect BlackRock to turn around and shill this to banks, and in particular big banks, such that JPMorgan, for example, can itself turn around and offer “Bitcoin” to its own clients. Of course, it will be an IOU to the BlackRock Stack O’Sats™ that you can transfer to your friend’s Bank Of America Bitcoin IOU account at your leisure. In other words, in short order, the entirety of the Blue Banks’ asset base becomes a funnel into the matrix of the pseudo-Bitcoin narrative attack vector… on the back of all the previous points, expect BlackRock and Coinbase to dominate flows and hence effectively control pricing.” — Allen Farrington

Today we dive into the BlackRock “ETF”, what it actually is, what it isn’t, and what it means for Bitcoin. It isn’t all NgU and sunshine and rainbows.

Check out the article and Allen’s other writing at the link: https://allenfarrington.medium.com/trust-me-bro-fb5a25964634
Allen’s Nostr Pubkey: npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt
Guy’s Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

• Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠⁠⁠
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• ⁠⁠⁠⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠⁠⁠⁠

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“Once wide coercive powers are given to government agencies…such powers cannot be effectively controlled.” — F.A. Hayek

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