Read_618 – Expanding Functionality in Lightning Implementations [Shinobi]
“There are still many extensions to build out in the protocol and areas with unsolved scaling issues. In general, the Lightning protocol itself still has a long way to go in terms of solving existing issues and becoming robust and scalable enough to serve as a global transactional network on top of Bitcoin.” – Shinobi
Following up some of the incredible announcements and discussions at Bitcoin2022, Shinobi breaks down what is happening in the major Lightning implementations, the directions they are focused on, & what we may expect to see in Lightning evolution in the near term. Tons to cover in this great little piece from Bitcoin Magazine. Don’t forget to follow Shinobi on Twitter for a much needed perspective as we move into a new chapter for Bitcoin.
Check out the link and tons of other great stuff both from the author, Shinobi, and Bitcoin Magazine, at the link below:
https://bitcoinmagazine.com/technical/bitcoin-lightning-network-expanding-function
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
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Fountain.fm
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Read_617 – Announcing Taro, Multi-Asset Bitcoin & Lightning [Ryan Gentry]
“Taro enables bitcoin to serve as a protocol of value by allowing app developers to integrate assets alongside BTC in apps both on-chain and over Lightning. This expands the reach of Lightning Network as a whole, bringing more users to the network who will drive more volume and liquidity in bitcoin, and allowing people to easily transfer fiat for bitcoin in their apps. More network volume means more routing fees for node operators, who will see the benefits of a multi-asset Lightning Network without needing to support any additional assets.” – Ryan Gentry
A huge kudos to Lightning Labs and what they are building over there. This is an incredible development that will shake the system as this tech gets implemented. Follow Lightning labs and Ryan Gentry, the author of today’s piece, on Twitter to stay up on what they are building.
Link to the original article and announcement: https://lightning.engineering/posts/2022-4-5-taro-launch/
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
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Chat_68 – Keysend Maximalism & LNpay with Bootstrap Bandit
LNpay, LNURL, LNauth, streaming sats, Bolt12, the past and future of Lightning. We dig into tons of great stuff around Lightning and discuss Keysend Maximalism with my good friend and the creator of LNpay, Bootstrap Bandit. We are getting back into it after the Bitcoin2022 conference, and you don’t want to miss it. So stay tuned, much more on the way!
Dont forget to follow Bootstrap on Twitter, and explore the incredibly useful tools and services built over at LNpay.co.
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
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• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
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Read_616 – Current State of Lightning Privacy [Tony]
“Besides the advantage of near-instant payments, there can be privacy improvements to Lightning as well. Unfortunately, there are scenarios where Lightning is not great for privacy. I’d like to unearth some of these. Not as FUD about the network, but to keep people as informed as possible so they may privately use Lightning. Everything in this article is public knowledge and known to the industry to some degree. This is my attempt at aggregating the topic of Lightning privacy from a higher level. Everyone has a right to financial privacy and deserves to be aware of these things.” – Tony
It’s time for a deep dive into the concerns, benefits, and future of privacy on the Lightning Network. This will be an awesome piece covering everything you want to know. So strap in.
Link to the article for further digging on all the mentioned tech:
https://abytesjourney.com/lightning-privacy/
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Guy’s Take #52 – Follow up to Read 615 – The State vs Bitcoin
This episode is because the previous read by Steve Barbour deserved a Guy’s Take. Before we change topics to privacy in the episode coming later this week, “The State vs Bitcoin” deserves a solid shake down. A Guy’s Take episode on Read 615.
Link to the original article by Steve Barbour:
https://sgbarbour.medium.com/the-state-vs-bitcoin-dbc044f23ea6
You can earn Bitcoin by Donating Plasma in a new pilot program. I’ve put the details for you at the link below:
guyswann.com/blood
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_615 – The State vs Bitcoin [Steve Barbour]
“As with freedom and oppression, Bitcoin and State money may exist in a perpetual tug of war between ideals. Where State money relies on compulsory participation, Bitcoin offers completely voluntary entry and exit and thus represents the antithesis of State money. In this essay I will explore the mechanisms in which Bitcoin may resist State attack.” – SGBarbour
Today we explore the feasibility and the correcting mechanisms in the Bitcoin system for resisting sustained censorship of the network. This is a must listen for those who want to dig into the game theory of Bitcoin, and its struggles with the most powerful external adversaries it will face.
Link to the original article by Steve Barbour:
https://sgbarbour.medium.com/the-state-vs-bitcoin-dbc044f23ea6
The full audiobook of Eric Voskuil’s CryptoEconomics read by Max Hillebrand:
https://open.spotify.com/show/2y6oTLWiId7JmUp6pTjPOS
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_614 – …and Then They Fight You [SovrynMindset]
“Much more to say. This is just a starting point, but I’m interested in Bitcoin for its potential to reorient civilization to an existence rooted in truth. If adoption comes at the cost of that, all the NGU euphoria means nothing and most of what gives Bitcoin value will be lost.” – SovrynMindset
Michael brings us an excellent thread on the attack vectors likely to come in the not-too-distant future as we have clearly entered the “then they fight you” stage. Now is not the time to rest on our laurels and believe that we have already won a fight, that is only just beginning. The price of liberty is eternal vigilance. This means pleb mining, privacy tools, adopting every tool at our disposal, building what we can, orange pilling our local communities, teaching how to protect our sovereignty, and that idea that you know is important, but keep procrastinating on.
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_613 – Against the Inevitability of Bitcoin [Ariel Deschapell]
“…This purpose flounders, however, if their own evangelists and the community at large fails to lay the groundwork and impetus to push ever deeper.
As a community, we fail when, in chasing the mainstream, we lose sight of the original spirit in which Bitcoin was created and bootstrapped.” – Ariel Deschapell
To kick off adversarial week, we are covering a great piece that brings us back down to earth so we can see where we are, the reality of our situation, & the true challenges that lay before us. From author Ariel Deschapell and published with Bitcoin Magazine, today we read & discuss: “Against the Inevitability of Bitcoin.”
Find the original article at the link below:
https://bitcoinmagazine.com/technical/against-the-inevitability-of-bitcoin
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_612 – Energy Cancelled [Arthur Hayes]
“On a medium-term basis, it is time to back up the John Deere excavator and scoop up as much gold and Bitcoin as you can afford. This is it, the start of a monetary regime change. Nothing lasts forever, and the days of Petro / Eurodollar supremacy are over. The phase shift will be chaotic, it will be volatile, it will morph, but it will 100% be MASSIVELY inflationary in fiat currency terms.
There is no government, ever, that resisted the temptation to print money in order to pay its bills and placate its citizens. The government will never voluntarily go bankrupt. This is axiomatic. I challenge you to contradict me with evidence.” – Arthur Hayes
You are simply going to want to hear Hayes justification for this stance. We may very well be in the middle of one of the largest shifts in the global monetary structure in history. And remaining ignorant will no longer be a viable option. The US just cancelled the world’s largest energy producer from the global financial network. What does that mean?
Check out the original article and drop some applause at the link below. Plus, tons of other great linked content within the article and writing by Hayes that is always incredibly valuable on top of entertaining:
https://cryptohayes.medium.com/energy-cancelled-e9f9e53a50cd
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
Fountain.fm
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_611 – The Freedom of Value [Dergig]
“Thus, given enough time and popularity, every movie, every song, and every document will be available to the general public for free. The nature of information does not allow for another outcome. Hence the saying: information wants to be free.
Although trying to create something that can’t exist—information that can’t be copied—is paradoxical in itself, this isn’t what I mean by the DRM paradox. What I mean is something more hilarious. It is again psychological, not technical in nature. The paradox is this: content will only stay behind a paywall if it is shitty. If it’s good, someone will set it free.” – Dergigi
Today we are exploring an article from Dergigi on how the incentives of the internet attention market has turned platforms into dopamine machines, and why it is causing us harm by us failing to understand what is inherently wrong with monetization on the internet, and why Bitcoin may just be able to fix it.
LINK to the original article with Gigi’s hat available for any value given back.
https://dergigi.com/2021/12/30/the-freedom-of-value/
Check out the Fountain app to test out the value-for-value system and listen to Bitcoin Audible for 1,000 free sats!
(will add link here when I get it)
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_610 – The Invisible Cost of War – Part 2 [Alex Gladstein]
“In sum, the U.S. government has shown that — through the GFC, repo spike crisis in 2019 and pandemic crisis in 2020 — it is willing to do anything to keep interest rates down: start an experimental QE program to buy long-dated treasuries and subprime mortgages; nationalize the repo markets; and even nationalize the corporate debt markets.” – Alex Gladstein
Today we conclude Alex Gladstein’s incredible new article on the invisible costs of war, and how our monetary policy disconnects the unbelievable cost of war & its fallout, from the minds of the citizens. Only in the age of infinite money printing, can we sustain infinite war. This is not an accident. Listen to the epic conclusion in today’s episode.
Link to the article: https://bitcoinmagazine.com/culture/how-the-fed-hides-costs-of-war
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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Read_609 – The Invisible Cost of War – Part 1 [Alex Gladstein]
“As detailed in Saifedean Ammous’s “The Fiat Standard,” in November 1914 the British government “issued the first war bond, aiming to raise 350 million pounds from private investors at an interest rate of 4.1% and a maturity of ten years. Surprisingly, the bond issue was undersubscribed, and the British public purchased less than a third of the targeted sum. To avoid publicizing this failure, the Bank of England granted funds to its chief cashier and his deputy to purchase the bonds under their own names.”
This was one of the more prominent early examples of government bond market intervention to finance war, and it would provide a blueprint for America to follow for decades to come.” – Alex Gladstein
Today we have an incredible piece from Alex Galdstein returning with his incredible deep dives into the history of money, what is happening around the world, and how Bitcoin fits into the world’s massive problems today, and may fundamentally alter the course of history. Don’t miss an incredible walk through the history of war, and how money has hidden their cost, and thus made them a permanent part of our modern society.
Link to the article: https://bitcoinmagazine.com/culture/how-the-fed-hides-costs-of-war
For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space:
• Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE.
• Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy)
• Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off.
• Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN.
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