“Lightning achieved a many-to-one mapping of transactions to transactions… But creating even a single UTXO per user is, arguably, not good enough. So there are many proposals out there to achieve even greater scaling by allowing multiple users to share a single UTXO in a self-sovereign way. Again, collapsing another “space” dimension of scaling users into one UTXO.”— Peter Todd
Today we dive into Peter Todd’s recent review of the various Layer 2 covenant proposals and the soft forks associated with them to analyze the core concepts, the costs, and benefits of each. For moving into the next realm of scaling with genuine “L2’s,” what are the trade-offs and possibilities for Bitcoin’s future?
Check out the original report for more info and links to dig furtherSoft-Fork/Covenant Dependent Layer 2 Review (Link: https://tinyurl.com/bdey68v4) 
“The bitcoin protocol can encompass the global financial transaction volume in all electronic payment systems today, without a single custodial third party holding funds or requiring participants to have anything more than a computer using a broadband connection.” — The Lightning Network Whitepaper

It’s Here! Today I am thrilled to introduce the first episode of Guy’s Roundtable. I’ve assembled a group of OG bitcoiners for a new monthly series where we dissect the latest developments in the bitcoin world. In this inaugural episode, we set the stage for what promises to be an enlightening journey through the ever-evolving Bitcoin landscape. Our mission? To keep you informed, spark thoughtful discussions, insult the right people, apologize to no one, and gain insight from the lunatics who’ve seen more bear markets and crazy storms in the bitcoin world than anyone else you know.
This is the first episode of Guy’s Roundtable.Thanks to the guests for joining:

Steve Simple Nostr (Link: https://njump.me/npub1pldgrydvu3902v2sdy227ehfjuxqu7pkxufqklga0f0jvmccchtsw05nc9)
Steve Simple Twitter (Link: https://twitter.com/stevesimple)
Bitcoin Mechanic Nostr (Link: https://njump.me/npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr)
Bitcoin Mechanic Twitter (Link: https://twitter.com/GrassFedBitcoin)
Jeff Swann Nostr (Link: https://njump.me/npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj)

Links mentioned for further exploring from the show:

⁠Dark Skippy: A method for malicious signing devices to leak secret keys (Link: https://darkskippy.com/)
ProtonPrivacy introduces ProtonWallet (Link: https://proton.me/wallet)
Mutiny Wallet is shutting down (Link: https://blog.mutinywallet.com/mutiny-wallet-is-shutting-down/)
Fedi Launches (Link: https://www.fedi.xyz/blog/fedi-announces-launch-of-world-s-first-community-superapp)
First Bitaxe-mined block (Link: https://x.com/ckpooldev/status/1816216325108175245)
Swan business terminations (Link: https://x.com/coryklippsten/status/1815429462210539706)
Swan cancels Pacific Bitcoin 2024 (Link: https://x.com/coryklippsten/status/1820535724761895373)
Mainnet release of Taproot Assets on Lightning (Link: https://lightning.engineering/posts/2024-07-23-taproot-assets-LN/)
Fold Inc. to go public via a merger (Link: https://www.businesswire.com/news/home/20240724261013/en/)
Xapo introduces Bitcoin banking in the UK (Link: https://www.financemagnates.com/cryptocurrency/xapo-brings-bitcoin-banking-to-the-uk-offering-crypto-fiat-product/)
University of Wyoming launches Bitcoin Research Institute (Link: https://www.uwyo.edu/news/2024/08/new-uw-bitcoin-research-institute-asks-big-questions-about-money.html)
Russia

Is the Bitcoin-Dollar theory a path to salvation or destruction for the US currency? Stablecoin issuers have become major buyers of US bonds, and political figures have flipped the script to embrace Bitcoin. What does this mean for the future of money, and will Bitocin reinforce dollar dominance or pave the way for a new monetary standard? It’s time for a Guy’s Take episode.
Links to check out

Whitney Webb & Mark Goodwin’s research on the Bitcoin Dollar theory
The Bitcoin Reformation by Tuur Demeester
Lyn Alden’s work on banking crises and global financial systems
Preston Pysh’s interview with Paolo Ardoino (Tether CTO)
Guy’s previous episode: “The Hard Truth”
AI Unchained – Guy’s other podcast on AI and technology
Nostr – decentralized social media platform
Pears.com

 
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)

Check out our awesome sponsors!

Get ⁠5% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

 
“We are all in the gutter, but some of us are looking at the stars.” ― Oscar Wilde

“It’s been amazingly freeing because I don’t worry about my investments, mostly because I don’t have very many. I’m on a Bitcoin standard and I keep my value in my unit of account.” — Jimmy SongWhat’s the difference between investing in Bitcoin and living on a Bitcoin standard? In this episode, we explore Jimmy Song’s insights on how shifting your unit of account to Bitcoin can transform your perspective on money, investing, and economic value. Find out how a Bitcoin standard frees us from the burden of arbitrary investment and the rat race of inflation avoidance in a sea of rent seekers. We aren’t investing in Bitcoin, Bitcoin is our money.Check out the original article at BTC Investing vs. BTC Standard (Link: https://tinyurl.com/asvsvvvp)Links to check out

The Bitcoin Standard: The Decentralized Alternative to Central Banking (Link: https://saifedean.com/tbs) 
Pears.com (Link: https://pears.com/) 

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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

 
“Sometimes a change of perspective is all it takes to see the light.” ― Dan Brown

“The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which was heavily premeditated and provably used the COVID-19 crisis as cover, should be treated as an unprecedented theft from the American taxpayer. Yet few Americans know that it even happened.” — Unlimited Hangout
We’ve always supposed that Bitcoin was going to challenge the dollar and reign in the irresponsible and corrupt monopoly held by the US govt over the global debt markets. But what if we were wrong? What if the embrace of Bitcoin and stablecoins by the US govt is actually a move that lets them not only maintain their levels of debt and degeneracy, but even expand them for generations to come? What if Bitcoin isn’t the downfall of the dollar, but instead its savior?
Today we dive into another fantastic exploration of the problem with stablecoins and the political play for dominance being made by establishment powers, with Mark Goodwin’s and Whitney Webb’s incredible piece, “Trump Embraces the Bitcoin-Dollar.”
Check out the original article at Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony (Link: https://tinyurl.com/d692dxkd) 
Links to check out

Chain of Custody by Whitney Webb and Mark Goodwin (Link: https://tinyurl.com/3b26br9u)
UnlimitedHangout.com (Link: https://unlimitedhangout.com/)
Tether’s Backing & Pear w/ Paolo Ardoino & Mathias Buus [BTC194] (Link: https://tinyurl.com/nwmk2wd3)
The Death of the Eurodollar System | QPOL Issue #39 by Phil Gibson (Link: https://tinyurl.com/yc4ywxkd)
Robert F. Kennedy Jr. Bitcoin 2024 Keynote Speech (Link: https://tinyurl.com/cer8v6bh)
Donald Trump Bitcoin 2024 Keynote Speech (Link: https://tinyurl.com/hrwpeau5)

 
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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

“It is better to be hated for what you are than to be loved for what you are not.” – Andre Gide

“When you introduce 2 million, 10 million “developers” that were never developers into an ecosystem that’s used to having closed platforms and silos and stuff, what do those 10 million motivated people build? They’re more likely to build the solution that they always wanted and that they build something that gets around these silos.One of the most important things that’s going on right now is the shift from closed platforms to open protocols. The more that all of that stuff is open, the more the walls, the potential barriers that appear to lock people into these platforms will just kind of start to fall away.On a long enough timeline, open just wins.”- Guy SwannIn a recent episode of The Staying Free Podcast, I had a valuable conversation with my friend and colleague Jonny, also known as jonnyhodl. We delved into the complex relationship between artificial intelligence and individual sovereignty, challenging the conventional narratives that often depict AI as a threat to freedom.We explored the open versus closed system debate, questioning whether decentralization can truly safeguard our liberties in an age of intelligent machines. The discussion also touched on crucial issues like privacy, autonomy, and human agency, encouraging people to rethink their understanding of AI. Could AI be a tool for liberation, or are we on the brink of a new form of control?This was a conversation worth sharing, as it offers deep insights into the potential of AI to either enhance or erode our freedoms.
Link to the original episode on Staying Free Podcast on Fountain (Link: https://tinyurl.com/5yzuc54w)
The Staying Free Podcast Links

JonnyHodl on Twitter (Link: https://twitter.com/jonnyhodl)
jonnyhodl on Nostr (Link: https://tinyurl.com/9jdumj5h)
The Staying Free Podcast Linktree (Link: https://linktr.ee/stayingfreepod)
The Staying Free Podcast Website (Link: https://www.stayingfreepod.com/)
The Staying Free Podcast on Twitter (Link: https://twitter.com/stayingfreepod/)

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)

Check o…

“The government is more than half of the economy. They control everything.What this new battleground is showing is that in the Bitcoin world, within the Bitcoin environment, they’re going to have to Samourai Wallet every one of us to get that money, which means it’s not going to work. There’s either going to be a revolution or society goes from a quiet fraud of 60% of our wealth to guns and whips stealing 60% of our wealth. That second one is not sustainable.”- Guy Swann
 
In this episode of the Bitcoin Audible podcast, I’m excited to share my conversation from the Swan Signal podcast. Sam and I dive headfirst into the hidden truths behind money hoarding and the insidious effects of inflation on our society.We peel back the layers on how these economic forces shape our daily lives, often in ways we don’t even realize. We also discuss why we celebrate Bitcoin Pizza Day – an iconic moment in Bitcoin history that symbolizes so much more than just a couple of pizzas – and much more.This episode is a deep dive into the forces that drive our financial world and how Bitcoin stands as a beacon of hope in the midst of it all. It’s an episode that will challenge what you think you know about money and inflation.
Link to the original episode on Swan Signal Youtube. 
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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

“The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates in the US to fight inflation, global consequences be damned!!” – But that’s a hell of a lot more difficult to follow when large G7 countries are in the early stages of a full blown currency crisis.The most serious implication is that the Fed is responsible for supplying dollars to everyone. When they raise rates, they trigger a margin call on the entire world.” — Peruvian Bull
What happens when the world’s third-largest economy faces the impossible trilemma? As central banks play a dangerous game of monetary policy, will the dominoes fall, triggering a worldwide economic meltdown? We dive into a great exploration from The Dollar Endgame, on what is happening in Japanese markets, why there was such a sharp drop in the Nikkei, and how the situation amounts to a decision between two great disasters: currency collapse, or economic collapse? Which Godzilla will they choose?
Check out the original article at Godzilla Returns (Link: https://tinyurl.com/bdf4se5y)   
 
Links to check out

Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity (Link: https://www.strongtowns.org/strong-towns-book)
China’s Hidden Banking Crisis (Link: https://tinyurl.com/yc6wp386) 

 
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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

“For money as for all other activities of man, “liberty is the mother, not the daughter, of order.” ― Murray N. Rothbard

“The government and the corporate environment so desperately want us to centralize so they can they can have total surveillance and they can have backdoors into everybody’s stuff.They’re abusive and everything, but not everything’s imploded yet. And that continues on. But we continue in this trajectory until at some point, the some little thing breaks or somebody actually makes a concerted effort to land an attack. And just because it’s so clear that we are so vulnerable, and we realize that we have committed suicide.We have set up all of the tools and all of the environment necessary for someone else to absolutely obliterate us. And we did it because we just wanted to spy on everybody’s $600 transactions.”~ Guy Swann
What drives a Bitcoiner to dive deep into the world of decentralized finance and privacy-focused tools? Join me in this episode as I sit down with Daniel Prince to explore the intersections of Bitcoin, privacy, and personal freedom, discussing everything from the power of homeschooling to the future of digital sovereignty. Could these tools and philosophies be the key to unlocking a truly decentralized future?Links to check out

Codebreakers by David Kahn (Link: https://tinyurl.com/32r2ncvw)
Read_788 – Stone Ridge 2023 Investor Letter (Link: https://tinyurl.com/pkyf3b45)

 
Guest Links

Daniel Prince on Twitter (Link: https://x.com/Princey21M) 
Daniel Prince on The Orange Pill App (Link: https://tinyurl.com/ys995vdk)
Konsensus Network on YouTube (Link: https://www.youtube.com/@KonsensusNetwork)
Daniel Prince on YouTube (Link: https://www.youtube.com/@danielprince1038)
Once Bitten on Spotify (Link: https://open.spotify.com/show/4wWzXFEyAJtM6aOLA6c4Q2?si=73ec8d7b173b44b2)

 
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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

Open source Ai is catching up. In this episode of AI Unchained, we explore the implications of the dominant open source models actually competing with proprietary models. We challenge assumptions about AI development trajectories, drawing parallels with other technological evolutions. Could the next AI revolution be horizontal rather than vertical, and what might this mean for accessibility and innovation in the field?
Links to check out

Llama 3.1 and the 405B parameter model (Link: https://tinyurl.com/watcb3nx)
Mark Zuckerberg’s article about Llama 3.1 (Link: https://tinyurl.com/2cc5jkb2)
Claude AI (Link: https://tinyurl.com/2x733k3e)
Unleashed.chat (Link: https://unleashed.chat/)
Venice.ai (Link: https://venice.ai/home)
Ai Read #007 – SITUATIONAL AWARENESS – The Decade Ahead (Link: https://tinyurl.com/mryfkfpz)
#017 – From Closed AI to Open Source with NVK (Link: https://tinyurl.com/bdhb2upp)
Devs Who Can’t Code #4 – App Scaling with Global State (Link: https://youtu.be/z-2SL5l51Gg)

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)

Check out our awesome sponsors!

Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

“Intelligence without wisdom is nothing more than stupidity that looks smart.” ― Craig D. Lounsbrough