Read_406 – Two Revolutionary Networks, Lightning & the Internet [Roy sheinfeld]
“We have JCR Licklider to thank for the first articulation of the Internet, which he dubbed the “Intergalactic Computer Network” in 1962” – Roy Sheinfeld
If we look at the history of the most influential network in the world, the mother of them all, the internet; what might it be able to tell us about Bitcoin and Lightning? What might it be able to inform us about where we are going in the future of this ecosystem? And can it assist in helping us to find a direction for the enormous amount of work to come? Find out in this great piece from Roy Sheinfeld, CEO of Breez Technology.
Don’t forget to check out the original plus a number of other great recent articles at the medium page below:
https://medium.com/breez-technology/comparing-two-revolutionary-networks-lightning-and-the-internet-d6043768e217
An excellent TEDx talk on the influence of the internet and potential change it may inspire for the future of governance, and how we may help to get it there, with the help of Bitcoin:
https://www.youtube.com/watch?time_continue=448&v=FNL22RvFwn0&feature=emb_logo
Starting your Bitcoin auto-buy savings plan at SwanBitcoin.com/guy will get you $10 of free sats right out the gate, and also help support the longevity of Bitcoin Audible!
Don’t forget offer code CC for 30% off tickets to BitBlockBoom! Come to the true Bitcoin Maximalist conference and lets hang out and talk about Bitcoin
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Read_405 – Bitcoin May Not Survive a Bitcoin Standard [Hasu]
“While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of the protocol’s control and could grow into a systemic risk for Bitcoin.” – Hasu
A very interesting thought experiment from returning author Hasu, on the potential risks of a Bitcoin future without a trustless means of transacting. If most Bitcoin traded is a custodial IOU, could Bitcoin fall victim to the same fate as Gold? Find out more in today’s read!
Check out the original and other great insights at Deribit.com:
https://insights.deribit.com/market-research/why-bitcoin-might-not-survive-a-bitcoin-standard/
Don’t forget to setup your auto-buy Bitcoin Savings Plan at the lowest cost, and simplest service of Swan Bitcoin! SwanBitcoin.com/guy will get you some free sats for signing up, and also help support the longevity of Bitcoin Audible!
Don’t forget offer code CC for 30% off tickets to BitBlockBoom! Come to the true Bitcoin Maximalist conference and lets hang out and talk about Bitcoin
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Read_404 – ION Beta Launches on Bitcoin Mainnet [Peter Chawaga]
“ION will decentralize the way that messages and application data is encrypted and exchanged.” – ION Announcement
With the help of Casa and a number of other partners, Microsoft finally releases the beta of their new decentralized ID system, anchored to the Bitcoin mainnet. A potential solution to security and privacy in our increasingly digital future. By Peter Chawaga, and published at the amazing resource that is Bitcoin Magazine, we read and discuss “ION, Microsoft’s Decentralized Identity System, Launches Beta On Bitcoin Mainnet.”
The days of usernames and passwords may be behind us.
Check out the original article at the link below, plus a number of other great recent articles at Bitcoin Magazine:
https://bitcoinmagazine.com/articles/ion-microsofts-decentralized-identity-system-launches-beta-on-bitcoin-mainnet
A huge thanks to The Let’s Talk Bitcoin Network and the amazing shows they produce for the Bitcoin space!
Don’t forget to setup your auto-buy Bitcoin Savings Plan at the lowest cost, and simplest service of Swan Bitcoin! SwanBitcoin.com/guy will get you some free sats for signing up, and also help support the longevity of Bitcoin Audible!
IF YOUR ARE GOING TO BITBLOCKBOOM!! Don’t forget offer code CC for 30% off! Come to the true Bitcoin Maximalist conference and lets hang out and talk about Bitcoin
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Read_403 – Bitcoin is Antifragile [Parker Lewis]
“What doesn’t kill the legacy monetary system only makes it weaker. What doesn’t kill bitcoin only makes it stronger. “ – Parker Lewis
If you were hoping for another installment of the incredible Gradually, then Suddenly Series by Parker Lewis, then the wait is over. From the Unchained Capital Blog, today’s read is the 15th installment, “Bitcoin is Antifragile.”
Link to the original and the Unchained Capital Blog for tons of other great writings:
https://unchained-capital.com/blog/bitcoin-is-antifragile/
Follow Parker Lewis on Twitter to not miss any of the other great works and commentary on Bitcoin:
https://twitter.com/parkeralewis
Don’t forget to setup the best and lowest cost auto-buy Bitcoin savings plan at SwanBitcoin.com/guy
And for those fo you joining me at the ultimate Bitcoin Maximalist Conference in TX, remember the discount code ‘CC’ for 30% off at BitBlockBoom.com
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Read_402 – Human Rights Foundation Funds Bitcoin Privacy [Aaron Van Wirdum]
“At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and surveillance on the rise in many countries,” – Alex Gladstein
Another great piece by Aaron Van Wirdum made available at BitcoinMagazine.com, today it was announced that the Human Rights Foundation, a great force for liberty and privacy across the globe, has turned its focus toward directly funding Bitcoin privacy projects thanks to a generous gift from an anonymous donor. Starting with funding an implementation of an awesome privacy development called coinswap, and with another grant soon to be announced, the future of Bitcoin privacy is yet again, just a little bit brighter!
Check out the original at Bitcoin Magazine for more links to explore this privacy technique as well as others:
https://bitcoinmagazine.com/articles/the-human-rights-foundation-is-now-funding-bitcoin-privacy-development-starting-with-coinswap
To make a donation yourself to the CoinSwap project, check out the link below:
https://bitcoinprivacy.me/coinswap-donations
Dont forget discount code CC when getting your BitBlockBoom tickets!
https://bitblockboom.com/
And support an awesome Bitcoin company, plus the BitcoinAudible show, by setting up your Bitcoin Savings plan, auto-buy at the lowest prices using SwanBitcoin.com/guy
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Guy’s Take_028 – Bitcoin & The Layers of Financial Cryptography
A follow-up to yesterday’s incredible read from The Nakamoto Institute by Ian Grigg, The 7 Layers of Financial Cryptography. Today we dig into what the reality of financial cryptographic systems as they have been developed & secured through Bitcoin. What philosophy and mentality informed it all, and where did it differ from Ian’s vision, and where was he able to see what would come about?
Mentioned in the show for further exploration:
Bittorrent Lessons Part 1 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_219—Why-BitTorrent-Mattered-Lesson-1-Simon-Morris-e3ghrs
Bittorrent Lessons Part 2 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_220—Not-Breaking-Rules–Youre-Doing-it-Wrong-BitTorrent-Lesson-2-Simon-Morris-e3grft
Bittorrent Lessons Part 3 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_221—Intent–Complexity—Governance-Paradox-BitTorrent-Lesson-3-Simon-Morris-e3h2uj
Bittorrent Lessons Part 4 – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_222—Decentralized-Disruption–Who-Dares-Wins-BitTorrent-Lesson-4-Simon-Morris-e3hek4
Inventing Bitcoin by Yan Pritzker:
https://www.audible.com/pd/B087C59TS7/?source_code=AUDFPWS0223189MWU-BK-ACX0-192596&ref=acx_bty_BK_ACX0_192596_pd_us
Dont forget to start your Bitocin savings plan, auto buy with the simplest set it and forget service out there at SwanBitcoin.com/guy
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Read_401 – Financial Cryptography in 7 Layers [Ian Grigg]
“Financial Cryptography is substantially complex, requiring skills drawn from diverse and incompatible, or at least, unfriendly, disciplines. Caught between Central Banking and Cryptography, or between accountants and programmers, there is a grave danger that efforts to construct Financial Cryptography systems will simplify or omit critical disciplines.” – Ian Grigg
Another blast from the past of 1998, written by Ian Grigg, made available at the NakamotoInstitute.org. An awesome attempt at looking forward to the possible layers and roles within a financial cryptography system, providing a fascinating comparison to Bitcoin and the reality of that system today.
Don’t miss tomorrow’s episode where we dig into the comparisons and expand on the many incredible foresights that Ian designed in his own model of our cryptographic future.
Explore the incredible library of works at the Nakamoto Institute and the original with a long list of references to dig further into these Ideas at the link below:
https://nakamotoinstitute.org/financial-cryptography-in-7-layers/
If you want the cheapest and simplest way to get a Bitcoin savings plan that will work indefinitely into the future, Swan Bitcoin is that place. Plus get $10 free for setting up through the link below!
SwanBitcoin.com/Guy
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Chat_41 – Does Stability Exist? With David & CK from POV Crypto
Joined the guys over at POV Crpyto to talk about the nature of stability and prices. Does price stability even exist, is it something to strive for, or is it the antithesis to a stable economy? Had an awesome convo with CK & David, I think you guys will enjoy it.
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Read_400 – Bitcoin Core 0.20 Released! [Aaron Van Wirdum]
“Users can now create a transaction without a signature in the Bitcoin Core GUI using the partially signed bitcoin transaction (PSBT) format” – Aaron Van Wirdum
A great piece by Aaron & the Bitcoin Magazine team, detailing the new release of the Bitcoin reference client that explains multiple great improvements, simplifications, cleanup of the codebase, & hardening of client security. Removing the unnecessary, and building out new standards, another great release showing the promising direction of Bitcoin’s unmatched reliability & independence continuing into the future.
Check out the original below for other great links to explore deeper:
https://bitcoinmagazine.com/articles/bitcoin-core-0-20-0-released-whats-new
The Maxwell Reddit post mentioned in the commentary:
https://old.reddit.com/r/Bitcoin/comments/d87h71/why_dont_i_get_to_choose_bip_70_removed_by_default/f1cedy9/
Don’t forget to check out my new personalized page at SwanBitcoin.com/guy and start your Bitcoin savings plan today!
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Chat_40 – ReInventing Bitcoin with Yan Pritzker
“As it turns out, we had money, we just weren’t allowed to take it out of the country. When we left the Soviet Union we were allowed to exchange our rubles for dollars at the official rate (not the real rate)… so they gave us $100 worth and sent us on our way.” – Yan Pritzker
Bitcoin isn’t simply an application that can be used for finance. Less a technological breakthrough & more a monetary revolution. Today we chat with the exceptional author of “Inventing Bitcoin,” CTO and co-founder of Swan Bitcoin & GiveBitcoin, and a Bitcoiner who has risked it all to be a part of the most important monetary revolution in a century. This chat is not to be missed!
Shout out in the episode to Cory Klippsten, CEO of Swan Bitcoin, and Phil Geiger of Unchained Capital!
If you haven’t read or listened to Inventing Bitcoin, it is a brilliant overview of the logical architecture that sustains the Bitcoin system. Find it at the link below on Amazon and/or Audible.com
https://bit.ly/inventing_btc
Automatic savings in the most secure and sound monetary good, using the easiest and lowest cost service out there. Swan Bitcoin is a no brainer, support the show by setting it up at Swanbitcoin.com/guy
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Read_399 – Bitcoin as a Startup [Hass McCook]
“VCs are a group of people demonized in the Bitcoin industry for not understanding Bitcoin’s value proposition. Well, how do you expect a VC to value Bitcoin if they’re only used to valuing startups?” – Hass McCook
A really fun article, followed by a walk down Bitcoin memory lane with Guy, giving a fresh analogy (you know how I love those) of Bitcoin as a startup moving through funding rounds. Where are we in the maturing cycle, and what will the focus of this and future eras be? Looking at Bitcoin’s history and future through the lens of a startup!
Check out the original article and drop some applause below:
https://medium.com/@hassmccook/bitcoin-as-a-startup-769c387c97ca
Join in the Series B Funding Round by starting your Bitcoin Savings Plan at
SwanBitcoin.com/guy
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Read_398 – The Political Theology of Bitcoin [Erik Cason]
“authority, not truth makes legitimacy… it is truth, not authority that makes legitimacy with Bitcoin.” – Erik Cason
Today we dive into a fascinating piece at cryptosovereignty.org by Erik Cason diving into the very concept of sovereignty, and how Bitcoin, in comparison to the legacy system, is not merely revolutionary, but messianic. Truth, not authority, is the only source of legitimacy.
Check out the original article with tons of other stuff to explore at the link below:
https://cryptosovereignty.org/the-political-theology-of-bitcoin/
For another few hours diving into this idea, listen to the most recent Raleigh Bitcoin Podcast where we talk all about it:
https://anchor.fm/raleigh-bitcoin-meetup/episodes/Novus-Ordo-eemr9t
Will you be sovereign in the future? The simplest and surest way to take back that sovereignty is to auto-buy and auto-withdraw your Bitcoin at Swan Bitcoin: Swanbitcoin.com/guy
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