The incredible model for predicting and assessing the value of the Bitcoin network by @100trillionUSD is analyzed in his exceptional article that we read on today’s show, “Modeling Bitcoin’s Value with Scarcity.” With an R^2 above 95%, if you plan for a bitcoin future without closely assessing this model, you are ignoring a powerful indicator….

If you haven’t listened to the earlier episode where I went on the Friends Against Government Podcast, then you no longer have to miss out! A year later, we get back together & talk about what a crazy year it has been in Bitcoin, podcasting, & the increasingly confused world.  Just an awesomely fun time!…

We start today’s show reading a short Twitter thread by @simonlutz21 which sparks a fun discussion about the presence of Proof-of-Work in nature, the awesome utility of immutability, and the power of Bitcoin’s inalterable ledger.   Like the original thread by Simon by following the link below: https://twitter.com/simonlutz21/status/1145009553874010112 Don’t forget to check out the presentation…

There were many precursors to the Bitcoin system, but IMO, none came as close to correctly defining the problem, & solving the key issues of trust as Nick Szabo‘s Bit Gold concept.  Reading another great piece made available by the Nakamoto Institute, we read and discuss the incredible prescience of Szabo through one of Bitcoin’s…

What if we already had a solution to one of the biggest threats to the Bitcoin network, but simply weren’t implementing it?  Today we read another great piece by @stopanddecrypt breaking down the numerous vulnerabilities of centralized mining pools, that simply wouldn’t exist, with the implementation of a @TheBlueMatt‘s new hashing protocol, #BetterHash. Drop some…

What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have resulted from our monetary system? Does “spending” and consumption of resources truly make us wealthier? Ben Kaufman lays out the argument for how “Time” is the missing piece in the failed…

From Bitcoin Magazine, today we read Aaron’s piece on the recently conceptualized “Statechains” from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins.  Don’t miss the read & a really fun discussion about the tech to follow. Check out BitcoinMagazine.com…

The Lightning Network does, in fact, have scaling problems of its own. When the network grows to millions of channels we obviously won’t be able to run it on a Raspberry Pi.  Don’t tell Rusty Russell or Joe Netti that, because they’ll just build their own network and do it.  Another major milestone in Lightning…