Month: September 2022

Guy’s Take #50 – Lightning and the Web

In a follow up to the State of Lightning Report from Arcane Research and OpenNode, we dive into the possibilities for how Lightning will change the global market, the potential for truly on-demand services, streaming money, the access it could bring to billions with no banking, & why I think it will change how we…

Read More

Your Money AND Your Life [Edward Snowden]

“Neither is a Central Bank Digital Currency a State-level embrace of cryptocurrency—at least not of cryptocurrency as pretty much everyone in the world who uses it currently understands it. Instead, a CBDC is something closer to being a perversion of cryptocurrency, or at least of the founding principles and protocols of cryptocurrency—a cryptofascist currency, an evil twin entered into…

Read More

Chat #65 – To Airgap, Or Not to Airgap? …& Other Hardware Challenges with Lixin Liu & Douglas Bakkum

If you missed the awesome Twitter spaces, we had with Lixin Liu from Keystone and Douglas Bakkum from Shift Crypto, you can’t stop crying because we have it here on Bitcoin Audible for your listening pleasure. What are the security benefits or tradeoffs with airgapped hardware wallets, what are the general challenges of Bitcoin hardware…

Read More

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…

Read More

Libertarnism & 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…

Read More

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…

Read More

Bitcoin Mining & The Gird, Part 1 – Generators [Blake King]

“Bitcoin miners are unique because of how fast, transparent, and flexible their response can be to pricing fluctuations. Riot’s Whinstone mining farm in Texas is a perfect example of miners powering down during tight conditions in ERCOT. During winter storms in February 2022, the site powered down 99% of its operations to reduce load. This…

Read More

Bitcoin Will Replace SWIFT Before VISA [Shinobi]

“Bitcoin is ripe for a massive disruption of systems like SWIFT, and at the rate the world is becoming both politically and economically unstable, I think that time is going to come sooner rather than later.” – Shinobi In the vision of consumers using Bitcoin to buy everyday goods and services, have we lost sight…

Read More