Read_467 – Bitcoin Doesn’t Rely on Utilities [Rollo McFloogle]
“But there is something even more interesting that happens with mining and electricity. Not only does Bitcoin mining add revenue to existing locations of energy production, but it also makes other previously unprofitable energy sources profitable.” – Rollo McFloogle
A Guest post from both a patron to the show and host of the Rollo & Slappy Show, we dive into a Bitcoin Magazine piece by Rollo McFloogle. Often when you talk about Bitcoin as a future money, people attack back with the claim that it “doesn’t work without electricity!” This is obviously true, but exactly how much should this matter to us, and what is the risk to the Bitcoin network really? Maybe they are just an idiot, like Grum… hear all about it in today’s article, “Bitcoin Does Not Rely on Utilities.”
Full article and other great stuff at Bitcoin Magazine:
https://bitcoinmagazine.com/articles/you-dont-have-to-worry-about-bitcoins-reliance-on-utilities
Thank you sponsors!
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
The Cosmic Deep Dive Course! 21% off with code “guyswann”! This is not a sponsorship, but just a great way to learn about Bitcoin from incredibly knowledgable people in this space.
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Chat #53 – Bitcoin Security in the Age of Surveillance with Douglas Bakkum
Had an excellent chat with the CEO of ShiftCrypto yesterday all about building Bitcoin hardware, the security trade offs, and creating secure tools for a world where security is both foreign and a distant after thought. How does Bitcoin change our digital environment, and the way we think about security? Dont miss this and much more in today’s chat!
Follow the founders, Douglas Bakkum & Jonas Schnelli on Twitter. And stay up on the company and what they are building at the link below:
https://twitter.com/ShiftCryptoHQ
If you want to get your BitBox hardware wallet, check them out at guyswann.com/bitbox
And a huge thanks to both of our sponsors, ShiftCrypto for today’s awesome conversation, and Hexa Wallet for supporting the podcast and bringing the best in Bitcoin to everyone who doesn’t have the time to read!
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Read_466 – A Note on Bitcoin [James O’Beirne]
“And replacing gold is just the start. Bitcoin isn’t just a better gold; because of its programmability, it’s a platform that will host the future of money. It will disintermediate many core functions in finance.” – James O’Beirne
For those new to Bitcoin, this is a great, short introduction to why the next year could be a massive shift, and why we don’t want friends and family to miss it, for not having heard from those in the space. Unsolicited financial advise is always uncomfortable, but saying nothing at all might be even more so. Check out James O’Beirne’s excellent piece to friends & family… “A Note on Bitcoin”
The original has many links to other works and content, services mentioned, charts showing the relationships, & lots of other useful info below:
https://docs.google.com/document/d/1Vx8EMBrOE7hkXKeyQBiIyCKb7TOzn1AEUaxn4dfuU1I/
Other great content:
Bitcoin For Safety:
https://jameso.be/2019/08/24/bitcoin-is-for-this.html
7 Misconceptions of Bitcoin (by Lyn Alden):
https://anchor.fm/thecryptoconomy/episodes/Read_462—7-Misconceptions-About-Bitcoin-Lyn-Alden-emdgou
Inventing Bitcoin (book by Yan Pritzker):
https://www.audible.com/pd/B087C59TS7/?source_code=AUDFPWS0223189MWU-BK-ACX0-192596&ref=acx_bty_BK_ACX0_192596_pd_us
Chat with Michael Saylor:
https://anchor.fm/thecryptoconomy/episodes/Chat-47—Magic-Gold-with-Michael-Saylor-ejrbld
Thank you sponsors!
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
The Cosmic Deep Dive Course! 21% off with code “guyswann”! This is not a sponsorship, just a great way to learn about Bitcoin from incredibly knowledgable people in this space.
Other great wallets & Services that Guy uses:
SwanBitcoin.com/guy – for buying & holding Bitcoin long term ($10 in BTC for FREE)
Green Wallet (by Blockstream) – Another simple mobile wallet
Breez Wallet – Lightning wallet for Android + iOS, cheap & instant transactions
Sphinx Chat – Encrypted chat and streaming sats! Join the Bitcoin Audionauts Tribe!
Cash App – Great place to buy Bitcoin easily on mobile
Fold App – Great way to get % Bitcoin back on all the things you already buy!
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Read_465 – All the Bullish Cases for Bitcoin [Brandon Quittem]
Want to hear all of the bullish cases for Bitcoin? Protection for pensions, the fiscal cliff we are speeding toward, capital movement for the wealthy, a safe haven for corporate treasuries, a dominant millennial investment vehicle, & so much more. Bitcoin has so many feedback mechanisms to increase its value, to make it a globally significant asset for every demographic, & potentially to fulfill the role as a new global reserve. All while having a perfectly inelastic supply. The only thing that can adjust, is the price.
Today’s episode is a fantastic thread from Brandon Quittem for some Thanksgiving Day moon juice!
https://twitter.com/Bquittem/status/1327732566191976452
Other episodes & article mentioned in today’s Guy’s Take section:
A Bold American Future:
https://bitcoinaudible.com/?p=3901
The Promise of Independent Property Rights:
https://bitcoinaudible.com/?p=2556
Guy’s Take – The Dominos are Falling:
https://bitcoinaudible.com/?p=4634
Guy’s Take – The Next Domino…
https://bitcoinaudible.com/?p=4883
Magic Gold with Michael Saylor:
https://bitcoinaudible.com/?p=4758
Check out our amazing sponsors below for a veritable suite of Bitcoin storage solutions: Hexa wallet is an excellent and versatile mobile storage, with a clever seedless backup, multiple accounts, batching & more. Find out more at GuySwann.com/hexa. Then for a simple, sleek, swiss made, & secure hardware wallet solution for your cold storage, check out the BitBox02! GuySwann.com/BitBox
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Chat #52 – The Great Reset vs The Great Awakening with Adam Curry
The inventor of podcasting, the Podfather himself Adam Curry, joins us today for an incredible chat about Bitcoin and re-decentralizing cyberspace. The Great Reset, centralized platforms, censorship, surveillance, a destruction of freedoms, a new technology, fixing the money, a rebirth of purpose, and the Great Awakening.
Check out the amazing things they are building at the links below:
https://podcastindex.org
https://podcasterwallet.com/
https://newpodcastapps.com/
And be sure to join his Tribe, my own at the Bitcoin Audionauts, and the other on the Sphinx Chat app.
tribes.sphinx.chat
A huge thanks to our awesome sponsors! Hexa Wallet for an excellent, feature-rich mobile Bitcoin wallet. It brings multiple accounts and built in transaction batching so you can send Bitcoin to your lightning wallet, a friend, and to your cold storage all at once to save on fees! guyswann.com/hexa
…And for your cold storage we have the excellent BitBox02 from ShiftCrypto. A simple, Swiss made, open source, secure hardware wallet that makes it super easy to have secure, reliable cold storage savings for the long term Bitcoin holder. guyswann.com/bitbox
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Guy’s Take #37 – Dear James Woods, Sincerely Guy Swann
“All you can do with Bitcoin once you buy it is sell it, but you need somebody else to buy it from you.” – Peter Schiff
James Woods shared a tweet with what is, in the end, a generally rational skepticism and common initial impression of Bitcoin. From an article at Fox Business, that based its argument on a few quotes from the king and queen of Bitcoin trolls, Peter Schiff and Nouriel Roubini. “You can’t do anything with it but sell it,” they claim, “its a huge scam and pump and dump” they added. As a Bitcoiner I would obviously argue this is completely false, but its not easy at first to see why, and it takes a huge amount of history, and close scrutiny to see the bigger picture.
That’s why in this episode, I hope to answer the article, and maybe shed some light on why its views are wrong. Maybe James will listen to it, maybe not, but hopefully some skeptic out there can find value in hearing answers to very common, but ultimately very wrong views as to what Bitcoin is.
Todays episode, I get into all of it, with “Dear James Woods.”
The tweet and article in question:
https://twitter.com/RealJamesWoods/status/1329513077654528002?s=20
As mentioned, a brilliant and extensive series hitting so many of these concepts in far greater detail, by the amazing author Parker Lewis, is the Gradually, Then Suddenly, series. The playlist of the full series can be found at the link below:
https://open.spotify.com/playlist/4NRn7e8FbNtoCLSigf8GV4?si=0ezq3gTvS8CAKMmxYdhA1w
A huge thanks to our awesome sponsors! Hexa Wallet for an excellent, feature-rich mobile Bitcoin wallet. It brings multiple accounts and built in transaction batching so you can send Bitcoin to your lightning wallet, a friend, and to your cold storage all at once to save on fees! Hexawallet.io
…And for your cold storage we have the excellent BitBox02 from ShiftCrypto. A simple, Swiss made, open source, secure hardware wallet that makes it super easy to have secure, reliable cold storage savings for the long term Bitcoin holder. guyswann.com/bitbox
Check them out and let them know I sent you!
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Shitcoin Insider #003 – Move Fast & Break Ethereum with Udi Wertheimer
Just in time for one of the various ETH hard forks, both intentional and unintentional, we dig into the dirty details with Udi Wertheimer in this episode of Shitcoin Insider. What even is ETH, what is the perspective of the developers and community around these sorts of problems, and what future does it have?
Don’t miss a fun conversation. And follow Udi and his escapades here. (Link: https://x.com/udiWertheimer)
Host Links
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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 Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)
Read_464 – Poolin’s Initiative to Activate Taproot [Aaron Van Wirdum]
“Taproot will unlock a new range of possibilities for Bitcoin, improving privacy and expanding smart contract possibilities”
The code has been merged, the client is on the way, and it’s time for the miners and community to bring this to the next step. Led by the mining pool “Poolin,” they and others are reaching out to other major pools to get confirmation on support for the soft fork upgrade, and how they would like to see it activated. With various options, risks, and time horizons, this is the beginning of finding a standard for the client release where taproot is finally brought to the Bitcoin network. Today’s read is another great piece from Bitcoin Magazine author Aaron Van Wirdum breaking it all down. Listen to find out.
Check out the original and stay up to date with the remarkable resource over at BitcoinMagazine.com:
https://bitcoinmagazine.com/articles/poolin-launches-initiative-to-activate-taproot-encouraging-other-mining-pools-to-join
To dive deeper into Taproot, what it is, and what it enables, check out a previous article from Aaron explaining the whole picture:
Taproot is Coming:
https://bitcoinaudible.com/?p=3435
And thank you to our amazing sponsors for Bitcoin Audible!
• For an awesome mobile wallet be sure to check out our sponsor, Hexa Wallet at guyswann.com/hexa
• And for a simple, secure, open source hardware wallet, BitBox is the way to go by ShiftCrypto. Check it at guyswann.com/bitbox
Satoshi Bless the incredible LTBNetwork and the resource they’ve built for Bitcoiners for so many years!
letstalkbitcoin.com
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Read_463 – A Symphony of Positivity [Eric Wall]
“It takes two nudges to convert a nocoiner. The vast majority of people got their very first nudge in 2017. These people are now primed for that second nudge, which is coming in roaring.” – Eric Wall
The new bull market is coming in hot, but it feels very different from previous cycles. What is it exactly? Can we see it in the data? Is this another FOMO, retail speculative buy in? Or is this something bigger? Listen to today’s read from the Arcane Research blog of “Eric’s November Thoughts” about what the foundations of this bull run are, and why this time, might actually be a little different.
Check out the original and follow Eric at the links below:
https://research.arcane.no/blog/erics-november-thoughts
https://twitter.com/ercwl
And for the excellently bullish thread covered during the Guy’s Take section, check it out below:
https://twitter.com/AnthonyDessauer/status/1328552929083621377?s=20
• For an awesome mobile wallet be sure to check out our sponsor, Hexa Wallet at guyswann.com/hexa
• And for a simple, secure, open source hardware wallet, BitBox is the way to go by ShiftCrypto. Check it at guyswann.com/bitbox
—
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Chat #51 – The Death of Nuance with Aleks Svetski
Today’s chat is with the brilliant and always entertaining Aleks Svetski (https://twitter.com/AleksSvetski). On the state of the world, our turbulent future ahead, and getting trapped in the empty pursuit of happiness while losing sight of the deeper search for meaning. We had no agenda for this show and just went deep into whatever felt right with this one. Not to be missed.
Check out Aleks, his incredible writing, his great service for purchasing Bitcoin, and his no-nonsense tweets:
https://twitter.com/AleksSvetski
https://twitter.com/TheAmberApp
And a huge thanks to our awesome sponsors! Hexa Wallet for an excellent, feature-rich mobile Bitcoin wallet. It brings multiple accounts and built in transaction batching so you can send Bitcoin to your lightning wallet, a friend, and to your cold storage all at once to save on fees! Hexawallet.io
…And for your cold storage we have the excellent BitBox02 from ShiftCrypto. A simple, swiss made, open source, secure hardware wallet that makes it super easy to have secure, reliable cold storage savings for the long term Bitcoin holder. guyswann.com/bitbox
Check them out and let them know I sent you!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_462 – 7 Misconceptions About Bitcoin [Lyn Alden]
“Bitcoin is more easily verifiable than gold, in terms of being a reserve asset and being used as collateral. It’s more frictionless to transfer than gold, and has a hard-capped supply. And I like gold too; I’ve been long it since 2018, and still am.” – Lyn Alden
With so many new eyes on Bitcoin, there are a large number of questions that the typical outsider has. Lyn Alden, in this excellent piece, breaks down the major misconceptions around Bitcoin and why she is bullish for 2021.
For the many charts and graphics that accompany the arguments laid out in this piece, check out the original, plus the tons of other great analysis on her blog at the link: https://www.lynalden.com/misconceptions-about-bitcoin/
Places to Buy Bitcoin:
SwanBitcoin.com/Guy
SwanBitcoin.com/Alden
Cash App
River Financial
Bull Bitcoin
Coinfloor
And a big thanks to our sponsor Hexa Wallet for supporting the Audible of the Bitcoin space!
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Guy’s Take #36 – Walking Tall
What does having savings, & the incentives reestablished by sound money, do to a person’s *character?* How does it change who we are when we have something that we know is ours, and frees us of dependence on another human being? With a short read of a Bank Ad from many decades ago that shows an entirely different view of money and savings, we dig into how money affects us on a different level.
Shout out to Marty Bent who I think is responsible for sharing out this ad and therefore my stumbling upon it.
A huge thank you to our sponsor for the show, Hexa Wallet! Bringing an excellent mobile wallet packed with features to the everyday user. Check them out at Hexawallet.io or on Twitter at twitter.com/hexawallet
And if you aren’t auto-stacking sats yet then you HAVE to get started! We are entering into a serious bull run and the only and best way to save in Bitcoin is to stack every single day, week, month etc that you can to eliminate all the noise and grow your savings reliably and automatically. Get $10 free at Swanbitcoin.com/guy
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