Guy’s Take_033 – The Canary in the Coal Mine [On Marty’s 839th Bent]
There’s been a bit of Bad News. The canary doesn’t seem to be moving, and its time that we take our situation seriously. As Bitcoin becomes both more mature and finds its way back into a bull market, we can also expect a sharp increase in regulatory and governmental attention. The powers that be, the surveillance state, and the control that the financial institutions have acquired will not be lost without a fight.
Bitcoin is disrupting some of the most influential institutions on the planet. They are unlikely to sit by while we divest from their control & take back our sovereignty and privacy. Today’s Guy’s Take is inspired by Marty’s Bent #839 and recent developments in the regulatory & legal worlds around the treatment of Bitcoin. It could be very important to not miss this one.
Read Marty’s Bent below, as well as the ocean of clever, funny, insightful, & cosmic thoughts that Marty drops every day:
https://tftc.io/martys-bent/issue-839/
Check out Pseu’s Conversation with Ben Carman on privacy and his favorite mobile wallet mentioned in the show:
https://open.spotify.com/episode/6duVzPWqeMorpuBhXdkWPW?si=GW-jL260Sru2lxUaiGQpCA
Dig into the details of the Travel Rule yourself starting with the link below:
https://www.fincen.gov/resources/statutes-regulations/guidance/funds-travel-regulations-questions-answers
And definitely follow NoBullshitBitcoin for a Bitcoin feed with only solid news, development, and new tools and no BS!
https://twitter.com/nobsbitcoin
Thanks to everyone who supports the podcast and of course the awesome team over at Hexa Wallet! Don’t forget to download Hexa either from your favorite App Store or by visiting their site below:
Hexawallet.io
And for an awesome resource I have used for years, to learn everything about the history, the logic, the principles, & the Austrian economics that you can’t learn in public school, check out Liberty Classroom from Tom Wood’s! An excellent resource that I can’t recommend enough.
https://libertyclassroom.com/dap/a/?a=32379
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Read_447 – Bitcoin Isn’t Slow, Its Highly Secure [Vlad Costea]
“So the next time somebody says that “shitcoin X” is faster than Bitcoin or claims that Bitcoin is slow, show them the criteria that truly count in a decentralized network.” – Vlad Costea
Did you hear that any 1 of 1000s of altcoins was “way faster” than Bitcoin? Have you ever wondered what that means or what exactly they are faster at? Vlad breaks it all down. How shitcoins aren’t fast, even close to as fast actually as Bitcoin. Bitcoin isn’t slow, its highly secure!
Check out the original post at Bitcoin-Takeover.com and check out Vlad’s Bitcoin Takeover podcast for many other great takes like this:
https://bitcoin-takeover.com/bitcoin-is-not-slow-its-highly-secure/
Much love to Hexa Wallet for supporting the show as well as my lovely patrons!
Hexawallet.io
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Read_446 – The Great Plague of Shitcoinery [Thibaud Marechal]
“Battles in the money market aren’t about incremental technology features, but fundamental monetary properties. Bitcoin is a pragmatic monetary evolution, which contrasts with shitcoin issuers misrepresenting a delusional technology revolution.” – Thibaud Marechal
Another great piece on the incentives and misunderstanding of the shitcoin mindset. It isn’t a technological revolution, it is fundamentally a monetary one! Thibaud breaks it down amazingly in this piece and Guy gets into some history of the shitcoin term and how so many projects have the entirely wrong understanding of the value in this revolution. Don’t miss another excellent one from Bitcoin Magazine
Original Article: https://bitcoinmagazine.com/articles/the-great-plague-of-shitcoinery
A huge thanks as always to Hexa Wallet! Don’t forget to shoot me a message if you want to add me as a contact or use me as a part of your backup. Happy to assist! Check them out at Hexawallet.io
Some of the great articles mentioned in this episode to expand on these ideas:
Bitcoin is Worse is Better – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_327—Bitcoin-is-Worse-is-Better-gwern-e9e9iv
Bitcoin & Software Reliability – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_254—Bitcoin–Software-Reliability-beautyon_-e46lnu
On Schelling Points, Network Effects, & Lindy – https://anchor.fm/thecryptoconomy/episodes/Read_417—On-Schelling-Points–Network-Effects—Lindy-Willem-Van-Den-Bergh-eghjp4
And dont forget to check out our new show all about Shitcoinery! Shitcoin Insider is where we dig through all the crap so that you don’t have to! XD
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Guy’s Take_032 – Rights, Incentives & the Bitcoin System
What are rights and can Bitcoin enable us to make better sense of them?
It is very common to hear that education is a “right,” that healthcare, a fair salary, etc are all “rights” that we can demand of others and are entitled to. Can this be the case? How do they conflict with the more basic rights of the control over our own lives, our right to choose, and the rights to our bodies? Can we simply declare that the things we want or need are rights and this means we can have as much of it as we would like?
We get into all of it in today’s Guy’ Take on human rights and how Bitcoin provides an excellent test case for why universal rights are necessary for both a communications and political network to succeed.
A great piece mentioned on the show to dig further into these ideas:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225—Bitcoin–the-Promise-of-Independent-Property-Rights-Hasu–Su-Zhu-e3j6b8
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Shitcoin Insider Chat_001 – DeFi & Ponzinomics
Were you ever just deathly curious about what Defi really is? What is going on behind the scenes of the token wrapped token printing yield machines? Or what the mindset of the shitcoiner really is, and what they think they are building? Don’t miss the flagship episode of our new show SHITCOIN INSIDER!
Don’t forget to subscribe to Shitcoin Insider if you want more and let me know on Twitter is you enjoyed it and want us to dig further.
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