Read_478 – Bullish on Bitcoiners [John Vallis]
“After all, Bitcoin is just a tool, and it’s only revolutionary in so far as its unique attributes generate novel possibilities for action — that is to say, new behaviors.” – John Vallis
Before continuing our ride through The Bitcoin Times, we have a fantastic piece from John Vallis as part of the End of Year 2020 series with Bitcoin Magazine. One of numerous excellent articles looking back on 2020 and what it brought to Bitcoin, and what Bitcoin brought to it. John Vallis gives us a perspective of the change that Bitcoin instills, after all its just a tool, what really makes a difference, and where the change truly lies, is in us.
Don’t miss a wonderful piece on the human element of Bitcoin’s societal revolution. Bullish on Bitcoiners:
https://bitcoinmagazine.com/articles/after-an-unforgettable-year-im-most-bullish-on-bitcoiners
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Guy’s Take_039 – Bitcoin is the Pin
We are in the midst of one of history’s greatest financial bubbles, represented both in a global debt crisis, as well as a bloated, subsidized financial sector that is many times greater in size than it naturally should be. Rather than Bitcoin being the bubble that everyone claims it is, on the contrary, the financial system is a “greater fool” bubble, and Bitcoin is the pin.
Don’t forget to check out the great reads that were mentioned and shed tons of light on today’s take:
The Use of Knowledge in Society:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1—F–A–Hayek-e43pfj/a-afr12i
The Fraying of the Petrodollar System:
Part 1 – https://anchor.fm/thecryptoconomy/episodes/Read_473—The-Fraying-of-the-Petrodollar-System—Part-1-Lyn-Alden-enrte3/a-a44sscd
Part 2 – https://anchor.fm/thecryptoconomy/episodes/Read_474—The-Fraying-of-the-Petrodollar-System—Part-2-Lyn-Alden-ente7q/a-a457ib8
Bitcoin is the Great Financialization:
https://anchor.fm/thecryptoconomy/episodes/Read_477—Bitcoin-is-the-Great-Definancialization-Parker-Lewis-eo62fl
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_477 – Bitcoin is the Great Definancialization [Parker Lewis]
“The greatest trick that central banks ever pulled was convincing the world that individuals must perpetually take risk just to preserve value already created (and saved). It is insane, and the only practical solution is to find a better form of money which eliminates the negative asymmetry inherent to systemic currency debasement.” – Parker Lewis
Let the Gradually, Then Suddenly series never die! Installment #17 comes to us in the 2020 edition of The Bitcoin Times. Parker Lewis hits it out of the park again with a piece detailing the process by which our monetary system has led to a massive, bloated, and over-financialized economy, forcing people to fight just to keep the value they already earned.
“Bitcoin is the Great Definancialization”
https://medium.com/the-bitcoin-times/bitcoin-is-the-great-definancialization-65b4c27a8371
Don’t forget to check out the graphics in the piece above and drop some massive applause, also explore the other brilliant pieces in the newest edition of The Bitcoin Times.
https://sites.google.com/getamber.io/thebitcointimes/
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_476 – The Legend of Prometheus [Aleks Svetski]
“we should all take a moment to be deeply grateful for the introduction of an ark upon which we can board, and from which we can later rebuild.” – Aleks Svetski
The Bitcoin Times vol 3 has LANDED! We are getting into it with 7 incredible pieces, starting today with the froward from Aleks Svetski, “Bitcoin & the Legend of Prometheus.” You aren’t going to want to miss this week as we dive into tons of other great works by Parker Lewis, Jeff Booth, Giacomo Zucco, Erik Cason, & Jimmy Song.
Check out the original by Aleks Svetski at the link below to drop some applause:
https://medium.com/the-bitcoin-times/bitcoin-the-legend-of-prometheus-13170ca65ce0
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Chat #54 – WTF is Bitcoin Anyway? With Jim & Hari
Today we have a crazy fun show after getting to hang with Jim & Hari (and James)from the What Do We Know podcast! A couple of guys who just wanted to know WTF a Bitcoin was, and we get into all of it in a 2 hour marathon. This is part 1, with part 2 on the way.
Check out the What do We Know podcast with Jim & Hari and their other crazy topics they dig into by visiting the link below:
guyswann.com/wdwk
Check them out on Instagram at @podcastwdwk
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Happy HODL Day!
“GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY…” – GameKyuubi
The origins of the greatest meme in Bitcoin history.
For all the rest of the Bitcoin holidays, check out the calendar over at thecryptoconomy.com:
https://thecryptoconomy.com/calendar/
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_475 – The Sovereign Company Thesis [Christian Keroles]
“Today, bitcoin is still an alternative treasury asset, but as larger and more powerful organizations begin to use Bitcoin directly, they will begin to tear away from the overreach of governments. This in and of itself will challenge the dynamics of governance and the nature of nation states as we currently know them.” – Ck_snarks
We all know that Bitcoin creates sovereignty and protects the individual’s right to own and use money without the permission of government. But everything it provides to the individual, it can provide to a company as well. With the BitMEX example giving us a taste of what could be, Christian Keroles takes us through a great, quick read on the sovereignty of business enterprise in a Bitcoin world, and how it fundamentally changes the dynamics of governance, and removes the power to shut down the capital of the world.
Check out the full article plus the tons of other great works at Bitcoin Magazine:
https://bitcoinmagazine.com/articles/the-sovereign-company-thesis
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_474 – The Fraying of the Petrodollar System – Part 2 [Lyn Alden]
“As a decentralized and open source project, adopted by many programmers and proponents around the world, many intelligent people have dedicated their careers to Bitcoin. It’s hard to find a more voracious group of people than those in the Bitcoin community, and increasingly over time, Wall Street money has poured in as well.” – Lyn Alden
Today we conclude the awesome piece from Lyn Alden breaking down the petrodollar system and get some time to explore just how entering Bitcoin into the field could change the path going forward. Does it become a niche asset that serves a small market for specific use cases, or does it become something much bigger? Listen to find out, we have got a marathon of one today, and you don’t want to miss it.
Don’t forget to explore the absolute treasure trove of graphs and data to accompany this piece, and obviously the other amazing work from Lyn Alden as well:
https://www.lynalden.com/fraying-petrodollar-system/#next
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_473 – The Fraying of the Petrodollar System – Part 1 [Lyn Alden]
“Taking my view a step further, evidence shows that the global monetary system as currently structured is gradually re-aligning itself, and this fact will have important ramifications for investments over the long run.” – Lyn Alden
We start today into another amazing piece from Lyn Alden that digs into the history, the cycles, the problems, the half solutions, and the long term consequences of our dollar based global monetary system. What led to its creation, how does it move in the macro environment, and are crack beginning to show that may have the world re-align to an entirely new system? Don’t miss the first part of this amazing piece, “The Fraying of the Petrodollar System.”
Find the plethora of charts and data to go along with it at the link below, plus the other amazing work from Lyn:
https://www.lynalden.com/fraying-petrodollar-system/#fraying
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Guy’s Take_038 – An Unstoppable Force
“It’s not that a government has the ability to ban Bitcoin from their country, I think it’s closer to the opposite: A country only has the ability to ban itself from Bitcoin.” – Guy Swann
Today we’ve got my speech from BitBlockBoom to close out the week. One I’ve been meaning to share for some time, and I think you guys will really enjoy it. If you prefer the video version, you can check it out at the link below.
Don’t forget to check out our sponsors who make Bitcoin Audible possible:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_472 – The Fiat Standard – Chapter 1 [Saifedean Ammous]
“For the reader who has become familiar with the operation of bitcoin, a good way to understand the operation of fiat is by drawing analogy to the operation of bitcoin using concepts like mining, nodes, balances, and proof of work. My aim is to explain the operation and engineering structure of the fiat monetary system and how it operates, in reality, away from the naive romanticism of governments and banks who have benefited from this system for a century.” – Saifedean Ammous
Today we dig into Chapter 1 of the sequel to the seminal work in the Bitcoin ecosystem, The Fiat Standard. The book is being published on Saifedean.com chapter by chapter before its final release, and you can subscribe to get his courses and the other chapters as they release. But today we dig into the first chapter, the ideas, and a new mindset for examining the failures and successes of fiat money. This is not to be missed.
The Fiat Standard – Chapter 1:
https://saifedean.com/the-fiat-standard-chapter-1/
A huge Thank You to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_471 – The Speculative Attack [Pierre Rochard]
“My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that use bitcoins as a platform. The third and final step will be hyper-bitcoinization.” – Pierre Rochard
We are entering a new phase of the Bitcoin game theory. What really happens when the hardest money in the world, encounters hundreds of weak, fiat currencies? What unfolds is a series of feedback loops that drive the bad money out of circulation, and leads to eventual “speculative attacks” on the weaker currencies particularly in conditions with high capital controls, falling reserves, and manipulated interest rates. All conditions that the modern world finds every way they look. Don’t miss this amazing blast from the past by Pierre Rochard, predicting the very environment of 2020, back in 2014.
From the ever amazing Nakamoto Institute, Pierre’s “Speculative Attack”:
https://nakamotoinstitute.org/mempool/speculative-attack/
A huge thank you to the Bitcoin Audible Sponsors:
Hexa Wallet – Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox – Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co – The first Free, no-fee exchange & Bitcoin banking services!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
