Ai Read_001 – A Gentle Introduction to Large Language Models
“Our first instinct when interacting with a Large Language Model should not be “wow these things must be really smart or really creative or really understanding”. Our first instinct should be “I’ve probably asked it to do something that it has seen bits and pieces of before”. That might mean it is still really useful, even if it isn’t “thinking really hard” or “doing some really sophisticated reasoning”. We don’t have to use anthropomorphization to understand what it is doing to provide us a response.”
~ Mark Riedl
Today we dive into a great piece from Mark Riedl attempting to demystify ChatGPT and large language models. Are they thinking? do they understand reason? Can we even understand what is happening inside these intelligent machines or have we created something we cannot control?
What if the truth is far simpler, and actually easy to understand? And we can cut through all the hype, fear, and confusion, to get at the heart of what this technology really is, and what an incredible tool it can be.
Don’t miss this incredible piece.
Check out the original article – and drop tons of applause – at A Very Gentle Introduction to Large Language Models without the Hype | by Mark Riedl | Medium (Link: https://tinyurl.com/2wm4nmeu)
Guest Links
Mark Riedl on X (Link:https://twitter.com/mark_riedl)
Host Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
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Chat_87 – Coinos & Merchant Onboarding with Adam & Cole
“Ultimately, my goal with Coinos is to make Bitcoin a super simple user interface for “normies” to be able to come on and not have to understand how things are working under the hood… Just get on the website, make your account and you’re good to go.”
– Adam
Today we bring on the team from Coinos on the developing merchant market, how to build tools and services in an uncertain regulatory environment, and how to onboard your local market into the Bitcoin ecosystem easily and for their benefit. They’ve built a tool to simplify interfacing with Bitcoin and Lightning, and soon Liquid as well, to make the next era of adoption, the one that finally expands to a global, brick and mortar marketplace. The era of Bitcoin commerce is coming, it’s time to prepare accordingly.
Check out our guests and follow the project on Twitter and Nostr below:
Coinos on Nostr
Adam on Nostr
Coinos Website
A huge thanks to our amazing sponsors:
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Guy’s Take_074 – Banks Without Bankers
Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn’t Bitcoin at all, but just more IOUs? Where Bitcoin substitutes replace real Bitcoin? Does it not just become another fiat system, or are there fundamental incentives and technological trends that prevent this and push us ever closer to total sovereignty? With smaller and smaller communities and institutions able to organize and exit in an independent way… where a Bitcoin world means a free world?
It’s time for a follow-up to Eric Yake’s and Axiom BTC’s amazing piece, “Banks without bankers.”
Get ready for another “Guys Take” episode.
Keep an ear out for the 1000th episode of the show! I’ll have details soon, you don’t want to miss it.
Follow AxiomBTC and Eric Yakes on Twitter
Other great sources mentioned in this episode:
-The 7th Property
-Broken Money
-The Fiat Standard
-Freedom & Exit
Found this and all the other great recommendations that I regularly share on the show on the Bitcoin audible page at Prodcast.io
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
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Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“Finish each day and be done with it. You have done what you could. Some blunders and absurdities no doubt crept in; forget them as soon as you can. Tomorrow is a new day. You shall begin it serenely and with too high a spirit to be encumbered with your old nonsense.” ― Ralph Waldo Emerson
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Read_776 – Banks Without Bankers
“Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are being built, and have been theorized that will enable previously unseen functionalities, robustness, and, ultimately, competition amongst Bitcoin financial intermediaries. Key to these novelties is the characteristic of peer-to-peer (“P2P”) exchange; that Bitcoin financial intermediaries will surely exist as commercial options, but that newly possible direct manipulation and exchange will exist as well.”
-Eric Yakes
The future of Bitcoin remains uncertain in terms of scalability, privacy, storage, and payment applications. The application of cryptography to financial functions introduces novel technologies and potential competition among intermediaries. Can Bitcoin achieve true decentralization? Or will trusted third parties jeopardize the entire system? How will the balance between custodial and self-custodial options shape the future of Bitcoin? In Eric Yakes’ analysis, he explores the implications of the new financial paradigm we find ourselves in as Bitcoin continues to assert its dominance as an asset enabling true financial sovereignty.
Check out the original article at: Banks Without Bankers
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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Guy’s Take_073 – Lightning is Dead, Long Live Lightning!
LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the “nail in the coffin” of the broken and defeated Lightning network? I bet you did, but did anyone you heard it from actually know how it worked?… Probably not. That’s what we dive into today, trying to make sense of the new Lightning exploit, how it works, the risk, and whether or not the sky is falling. Find out in today’s Guy’s Take episode.
A shout out to Shinobi, Matt Corallo, John Carvalho, and numerous people on the mailing lists and other platforms who helped to throughly explain this bug so that I could make some sense out of it.
Major thanks to our amazing sponsors who keep this show alive:
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
Don’t forget to check out Prodcast.io and keep an ear out for Lyn Alden’s incredible book coming soon to Audible!
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“It is better to be hated for what you are, than to be loved for what you are not.” — Andre Gide
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Read_775 – The Fed Threatens to Sue Bitcoin Magazine
“We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they wouldn’t raise rates after a massive monetary expansion, and then went on to raise them faster than at any time in U.S. financial history.” — Mark Goodwin
Today we have a very entertaining development thanks to the fools at the Federal Reserve Bank of Chicago. Bitcoin Magazine is being threatened with a lawsuit over t-shirts they are selling that mock the FEDNOW program that the Fed states “has built up substantial goodwill” and that these shirts and merchandise will cause “confusion, mistakes, and deception.” No, this is not a parody, it appears to be real. So we pause our regularly scheduled programming today to explore this beautiful little moment in Clown World.
Check out the original article at: Bitcoin Magazine
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“He knows nothing; and he thinks he knows everything. That points clearly to a political career.” — George Bernard Shaw
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Chat_86 – Everything on Bitcoin with Robin Linus & Super Testnet
It’s often said that Bitcoin is too limited, that you can’t build anything interesting on top of the Bitcoin chain… what if that was not only true, but that there were no limits? What if literally anything you could write into code, any program, app, game, theoretically even an entire operating system could be constructed such that its valid execution determined the ownership of Bitcoin? What if there were no limits, and you could build everything on Bitcoin? Today we dive into BitVM with Robin Linus and Super Testnet. A virtual machine built entirely in Bitcoin script, with no soft fork needed. This could change everything.
Links for further exploring:
– BitVM whitepaper
– github.com/bitvm
– GitHub – supertestnet/tapleaf-circuits: A proof-of-concept implementation of BitVM for bristol circuits
– Telegram: Contact @bitvm_chat
– яobin linus (@robin_linus) / X
– Robin Linus
Check out our awesome sponsors!
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Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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Read_774 – Bitcoin Won’t Fix the Federal Reserve
“Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Federal Reserve to give into anyone or anything, let alone Bitcoin. Be honest, Bitcoin is surely not big enough to be a threat to the U.S. dollar. The United States is far more concerned with U.S. dollar dominance being threatened by, say, the Chinese yuan. Bitcoin on its own has not destabilized anything.” — George Kaloudis
Will the Federal Reserve be “reigned in” thanks to Bitcoin? Will the continued success of Bitcoin’s growth and network effect mean that the Federal Reserve capitulates? That they admit the failures of their approach and start appeasing the sound money tropes and calls for austerity? George Kaloudis makes an entertaining case in today’s read, that the answer is in fact, “No.”
Check out the original article at:
https://bitcoinmagazine.com/markets/bitcoin-wont-fix-the-federal-reserve
If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast:
Bitcoin Audible – Prodcast
Check out our amazing sponsors who make this show possible:
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“You only live once, but if you do it right, once is enough.” ― Mae West
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Read_773 – A Solution to Scaling Lightning
“Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and implementation instead of a half-defined and vague concept. That is massive progress in terms of addressing Lightning’s long-term scaling limitations.” — Shinobi
Today we dive into a cool proposal that takes advantage of covenants to build the first, practical implementation of a “lightning factory,” or in other words, a way to create hundreds, even thousands of lightning channels taht exist entirely off chain and require only the most minimal footprint in the cases where things go wrong. Another great piece by Shinobi breaking down the technical developments that matter.
Check out the original article at: Bitcoin Magazine
If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast
Check out our amazing sponsors who make this show possible:
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“To believe in something, and not to live it, is dishonest.” ― Mahatma Gandhi
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Basics_008 – How to Buy Bitcoin
We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use it, it’s time to answer the most basic question for getting started… How do I get some Bitcoin!? Let’s dive in with Bitcoin Basics episode 008.
Wallets: getalby.com | Phoenix Wallet
Nostr: primal.net
Buy Bitcoin:
Sign Up to Buy & Sell Bitcoin | River
SwanBitcoin
Strike
FoldApp
CashApp
Other episodes:
Basics_06
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed.” — Albert Einstein
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Read_772 – Easier Way to Bootstrap the UTXO Set
“After four years of work, James O’Beirne’s assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is merged into Bitcoin Core.” — Shinobi
There has always been a gap between the sovereignty, privacy, and security of software, and the usability of it. But thanks to an enormous amount of work and brilliant developers, day by day that gap is getting smaller. Where the most secure tools, the most robust node setups, the non-custodial options, are getting easier, faster, and more responsive. Today we have an article by Shinobi on another seemingly small, but potentially very impactful development on bootstrapping a new node, with assumeutxo finally merged, into Bitcoin Core. If you want to know what that means, then don’t miss this episode.
Check out the original article at: Bitcoin Magazine
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“Be yourself; everyone else is already taken.” ― Oscar Wilde
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Read_771 – Beating Fiat with the Breez SDK
“There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment widgets vs. coding a node into an app. With the Breez SDK, Lightning beats fiat across the board. It’s faster to implement (as Ross says, “It’s like one or two API calls to set up a node, one to send a payment and one to receive payment”), cheaper to use, legally less complicated (check your jurisdiction), more private, and the UX is on par with fiat for the user and even better for the developers.” — Roy Sheinfeld
If you are curious what the future of lightning is going to look like, or exactly how huge the runway is for adoption and onboarding in the next bull run, then this short article detailing out a simple example will show you just how powerful the Breez SDK + Blockstream Greenlight combo really is. Non-custodial, always online, instant node setup, and zero channel or liquidity management. This is the culmination of everything built in lightning to date, and its going to be a game changer!
Check out the original article at:
Satimoto Is Beating Fiat with the Breez SDK | Breez Technology – https://medium.com/breez-technology/building-on-lightning-how-satimoto-is-beating-fiat-with-the-breez-sdk-88aa8252a994
Check out some of Roy’s other great articles covered on the podcast:
Read_701 – Lightning for Everyone in Every App
Read_574 – Lightning & The Internet – Choosing the Right Path
Read_732 – We Need More Apps With Lightning, Not More Lightning Apps
Read_450 – Getting Lightning Ready for Global Takeover
A huge thanks to our sponsors, and don’t forget to check out the offers for the listeners of this show!
9% off the Coldcard with code BITCOINAUDIBLE, bitcoinaudible.com/coldcard
Check out the KYC Free, simple, no management, Bitcoin merchant solution, Nodeless.io/guy. Use my link to go to bitcoinaudible.com/nodeless and setup your donation page for free, then share it out on Nostr or Twitter and tag me, and I’ll throw 10,000 sats your way!
Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. bitcoinaudible.com/fold
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“It takes considerable knowledge just to realize the extent of your own ignorance.” — Thomas Sowell
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