Read_584 – Yes, Bitcoin is a Smart Contract Platform [Shinobi]
“’Smart contracts’ as a term was coined by Nick Szabo back in 1996 before the idea of a blockchain was even a twinkling in Satoshi’s eye. They had nothing to do with DAOs, or decentralized exchanges or any of these types of constructs that people tend to think of when they hear the term.” – Shinobi
Throwing out the hype, the shitcoin buzzwords, the DAOs, and all the obscure claims about smart contracts on the various “crypto” platforms out there, and let’s get down to the origins and true meaning of the term “smart contract.” What does it really mean, and does Bitcoin have smart contracts, or not? A great piece from Shinobi and Bitcoin Magazine today. Not to be missed.
Link to the original articles for more details, further digging and the other incredible work at Bitcoin Magazine:
https://bitcoinmagazine.com/technical/why-bitcoin-smart-contract-platform
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Read_583 – Libertarianism & the Bitcoin Strategy [Stephan Livera]
“Even if we could somehow convince the world or the U.S. government to adopt a gold standard, there’s not really anything stopping them from claiming “it’s an emergency” and that we need to drop the gold standard and “temporarily” close the gold window. In this way, Bitcoin provides stronger assurances about our money than gold ever could.” – Stephan Livera
Is libertarianism without Bitcoin a lost cause? How does Bitcoin change the game in the fight for sustainable liberty, and what is the argument for understanding why the Bitcoin strategy for liberty, is the most important strategy we have? Find out in today’s concise read from Austrian economist and podcast host Stephan Livera, made available at Bitcoin Magazine.
Check out the original link below for more by Stephan and the other great works at Bitcoin Magazine:
https://bitcoinmagazine.com/culture/libertarians-need-to-prioritize-bitcoin
For those who want to hear the SLP episode with Titus Gebel on private cities and a strategy for a free future, this is the link to episode 161:
https://stephanlivera.com/episode/161/
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Read_582 – The World Bitcoin Will Build [Cory Klippsten]
“Money appreciates in value over time so that individuals can plan their future knowing their wealth will be protected. This leads to market participants’ time horizons lengthening, creating more investment, more entrepreneurship, more productivity and increased living standards.
This boom in entrepreneurship is what ultimately drives humanity forward.” – Cory Klippsten
Bitcoin is going to change things. If we fix the money, we fix the world. But if we can truly pull this off, what does that future look like… ?
Check out the original article at the link below:
https://www.coindesk.com/tech/2021/11/29/the-world-bitcoin-will-build/
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Read_581 – The Vaccine Moment, Part 1 [Paul Kingsnorth]
“Often, in an argument, what people think they are arguing about is not the real subject of disagreement, which is deeper and often unspoken, if it is even understood. So it is here. The divisions that have opened up in society about the covid vaccines are not really about the covid vaccines at all: they are about what vaccination symbolizes in this moment. What it means to be ‘vaxxed’ or ‘unvaxxed’, safe or dangerous, clean or dirty, sensible or irresponsible, compliant or independent: these are questions about what it means to be a good member of society, and what society even is, and they are detonating like depth charges beneath the surface of the culture.” – Paul Kingsnorth
We take a small detour to look at the state of the world and what is unfolding before us. How it applies to our future and the systems of control being constructed around us with so little resistance or open discussion. Paul Kingsnorth brings us an excellent article trying to make sense out of all of this. What is wrong, and what can we do about it?
Don’t forget to check out the original with tons of links referenced throughout the article to explore further and verify what he claims for yourself:
https://paulkingsnorth.substack.com/p/the-vaccine-moment-part-one
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Read_580 – Bitcoin and Crypto Aren’t the Same [Nik Bhatia]
“If price is truth, then a market capitalization of over $1 billion for over 100 different cryptocurrencies tells a story: we live in a multicoin world. But does that mean that bitcoin has competitors on its path to world reserve currency? No.” – Nik Bhatia
“Which crypto should I buy?” I’m sure you’ve heard it a thousand times if you’ve been in this space for even a few months. Are Bitcoin and crypto really in the same space, fighting for the same markets? Or is there a more fundamental difference that is difficult to see in such a novel space? What if they aren’t even in the same asset class? Nik Bhatia breaks it all down in this short, but excellent piece on why Bitcoin and Crypto, are not in fact, the same. Check out the article with lots of links for reference and further digging here.
Check out Some of Nik’s other great works at the link below, or search for Nik in the Bitcoin Audible Library:
https://bitcoinaudible.com/lightning-why-i-quit-the-bond-market-for-bitcoin/
Don’t forget to snag your copy of Layered Money in physical or audiobook format:
https://www.amazon.com/Layered-Money-Dollars-Bitcoin-Currencies-ebook/dp/B08PS293NT
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Read_579 – Our Best Shot at Liberty [Dr. Wolf Von Laer]
“The Bitcoin network itself and the personal owning of bitcoin is an act of peaceful rebellion against the fiat money system.” – Dr. Wolf Von Laer
There are a million different ways to discuss the benefits and attributes of Bitcoin, how it will influence the world, how it will change economic calculation. But what is most important for us and our hopes for the future, is the freedom it enables. And this isn’t in some esoteric, vague sense, but in a real sense, for both the collective, and the individual. Bitcoin is our best hope for liberty. Don’t miss a short, but excellent piece from Dr. Wolf Von Laer.
Find the original, plus links to other great reads on the article below:
https://bitcoinmagazine.com/culture/bitcoin-single-best-shot-at-liberty
Don’t forget to check out Alex Gladstein’s amazing works mentioned in the commentary:
https://bitcoinmagazine.com/authors/alexgladstein
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Read_578 – The Irrelevance of Experts [Willem Van Den Bergh]
“as the internet has slowly but surely eroded the obstacle of restricted information access in the past decades, the limiting factor for an individual to make intellectual progress merely shifted from an accessibility problem to a filtering problem (filtering the information that is relevant from the information that is not).” – Willem Van Den Bergh
Another excellent piece from Willem on the core issue of information flow in the modern age. What is the difference between systemic versus regional experts, and what framework can we use to better assess and filter the ocean of information flooding at us everyday? Are we destined to be the victims of supposed “authorities” with no skin in the game? Or is there a path to sustainable, robust knowledge in our digital future? don’t miss this one!
Check out the original with tons of great links for further reading into these concepts below! Plus drop some massive applause on this article on Medium:
https://medium.com/@willemvandenbergh_85885/the-ir-relevance-of-experts-top-down-versus-bottom-up-information-flow-428bd5005d88
Don’t forget Willem’s previous, amazing piece on Schelling points and the natural path toward convergence on Bitcoin:
https://bitcoinaudible.com/on-schelling-points-network-effects-lind/
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Read_577 – The End of Super Imperialism [Alex Gladstein]
“Hudson’s thesis was that America had forced other countries to pay for its wars regardless of whether they wanted to or not. Like a tribute system, but enforced without military occupation. “This was,” he writes, “something never before accomplished by any nation in history.” – Alex Gladstein
Another banger from Gladstein this week that follows Michael Hudson’s work, Super Imperialism from the 1970s, critiquing and laying out the framework of power resulting from a global reserve system backed by American debt. Was he just a cynic, or was there a thread of truth in his warnings of the dangers of the global dollar system and the resulting dynamics of international power. Don’t miss another great piece from Gladstein!
Check out the original with many links for further exploring the pieces discussed. Plus the many other great works by Gladstein and Bitcoin Magazine:
https://bitcoinmagazine.com/culture/bitcoin-replacing-us-super-imperialism
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Chat #64 – Greg Foss & Preston Pysh on Bitcoin & the Bond Blowup
Today we have an incredible conversation with Preston Pysh and Greg Foss on the Bond markets, the shifting sands of the global financial world, and the incredible impact that Bitcoin will have on our future direction and the outcome of these crazy times. You don’t want to miss this one guys, so dive right in.
Don’t forget to check out Preston and Greg on twitter if you haven’t. They are must follows in this space, all signal:
https://twitter.com/FossGregfoss
https://twitter.com/PrestonPysh
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Read_576 – Bitcoin Changes Our Perception of Money [Mike Hobart]
“The passage of time is one thing that we can never get back. Once it has been spent, there’s no refund. Time is the ultimate currency, forever passing without the ability to return to a prior moment: ever passing, ever spent, ultimately and unequivocally finite.” – Mike Hobart
The mainstream ignorance of money is ubiquitous. But Bitcoin forces one to rethink everything they thought they knew. By Making a pure, independent monetary medium, we are forced to question all the fallacies and loosely held untruths about money that we have never challenged before. Mike Hobart brings us a short, but excellent little piece on the fallacies of money, and why Bitcoin forces them to change.
Check out the original and other works by the author below:
https://bitcoinmagazine.com/culture/bitcoin-changes-perception-of-money
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Read_575 – Wonder if Bitcoin is Alien Technology? [Tomer Strolight]
“I wish people engineered things to be self-replicating, self adjusting, self-governing, and ever-lasting. But nobody has engineered anything to do even one of these, and then along comes Bitcoin and does them all” – Tomer Strolight
Bitcoin isn’t merely a new innovation in the world of tech, its a wholly unique system that behaves so differently from everything today, the social, the engineering, and the organic systems that we are accustomed to, that one could easily find themselves wondering whether it makes more sense that Bitcoin is an alien technology. Maybe we know that it isn’t, but it is certainly hard to learn about Bitcoin without once pausing to wonder…
check out this piece plus tons of other great work from Tomer below:
https://tomerstrolight.medium.com/why-people-wonder-if-bitcoin-is-alien-technology-f9fda5b018b
Mentioned in the episode for further reading/exploring:
Brandon Quittem’s Mycelium Series
Part 1 – https://bitcoinaudible.com/bitcoin-is-a-decentralized-organism/
Part 2 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_224—Bitcoin-is-a-Social-Creature–Mycelium-Part-2-e3iq3u
Part 3 – https://bitcoinaudible.com/bitcoin-is-the-antivirus/
Part 4 – https://bitcoinaudible.com/bitcoin-is-a-catalyst-for-human-evolution/
Bitcoin is Generational Wealth
https://www.youtube.com/watch?v=3Rnqst5qCgA
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Read_574 – Lightning & The Internet – Choosing the Right Path [Roy Sheinfeld]
“We’re revolutionaries. There’s no reason to be coy about it. Our goal is to replace fiat with bitcoin. “Disruption” is almost a quaint term for a change of the magnitude we’re bringing about. We’re taking power from institutions and transferring it to individuals by giving them control of the value they generate in their lives.” – Roy Sheinfeld
We are at a crossroads and Lightning has an extremely difficult and important task. Do we go with the Lightning expansionists, using this decentralized network to embed every single byte of data into our messages and routing them across our nodes to take all that is the internet and redesign it to work on Lightning? Or do we keep lighting simple, focused, and optimized for the best, most robust decentralized payments network in the world? Choosing the right path, by Roy Sheinfeld.
Drop some applause on the original at:
https://medium.com/breez-technology/lightning-the-internet-choosing-the-right-path-bedfa6382316
For more digging into the philosophy & thinking behind this from the Guy’s Take, here are the other episodes mentioned:
Simon Morris: Lessons of Bittorrent
https://bitcoinaudible.com/why-bittorrent-mattered-lessons-for-crypto-1-of-4/
Szabo: Minimizing Consumer Worry
https://bitcoinaudible.com/estimating-and-minimizing-consumer-worry/
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