Read_465 – All the Bullish Cases for Bitcoin [Brandon Quittem]
Want to hear all of the bullish cases for Bitcoin? Protection for pensions, the fiscal cliff we are speeding toward, capital movement for the wealthy, a safe haven for corporate treasuries, a dominant millennial investment vehicle, & so much more. Bitcoin has so many feedback mechanisms to increase its value, to make it a globally significant asset for every demographic, & potentially to fulfill the role as a new global reserve. All while having a perfectly inelastic supply. The only thing that can adjust, is the price.
Today’s episode is a fantastic thread from Brandon Quittem for some Thanksgiving Day moon juice!
https://twitter.com/Bquittem/status/1327732566191976452
Other episodes & article mentioned in today’s Guy’s Take section:
A Bold American Future:
https://bitcoinaudible.com/?p=3901
The Promise of Independent Property Rights:
https://bitcoinaudible.com/?p=2556
Guy’s Take – The Dominos are Falling:
https://bitcoinaudible.com/?p=4634
Guy’s Take – The Next Domino…
https://bitcoinaudible.com/?p=4883
Magic Gold with Michael Saylor:
https://bitcoinaudible.com/?p=4758
Check out our amazing sponsors below for a veritable suite of Bitcoin storage solutions: Hexa wallet is an excellent and versatile mobile storage, with a clever seedless backup, multiple accounts, batching & more. Find out more at GuySwann.com/hexa. Then for a simple, sleek, swiss made, & secure hardware wallet solution for your cold storage, check out the BitBox02! GuySwann.com/BitBox
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_464 – Poolin’s Initiative to Activate Taproot [Aaron Van Wirdum]
“Taproot will unlock a new range of possibilities for Bitcoin, improving privacy and expanding smart contract possibilities”
The code has been merged, the client is on the way, and it’s time for the miners and community to bring this to the next step. Led by the mining pool “Poolin,” they and others are reaching out to other major pools to get confirmation on support for the soft fork upgrade, and how they would like to see it activated. With various options, risks, and time horizons, this is the beginning of finding a standard for the client release where taproot is finally brought to the Bitcoin network. Today’s read is another great piece from Bitcoin Magazine author Aaron Van Wirdum breaking it all down. Listen to find out.
Check out the original and stay up to date with the remarkable resource over at BitcoinMagazine.com:
https://bitcoinmagazine.com/articles/poolin-launches-initiative-to-activate-taproot-encouraging-other-mining-pools-to-join
To dive deeper into Taproot, what it is, and what it enables, check out a previous article from Aaron explaining the whole picture:
Taproot is Coming:
https://bitcoinaudible.com/?p=3435
And thank you to our amazing sponsors for Bitcoin Audible!
• For an awesome mobile wallet be sure to check out our sponsor, Hexa Wallet at guyswann.com/hexa
• And for a simple, secure, open source hardware wallet, BitBox is the way to go by ShiftCrypto. Check it at guyswann.com/bitbox
Satoshi Bless the incredible LTBNetwork and the resource they’ve built for Bitcoiners for so many years!
letstalkbitcoin.com
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_463 – A Symphony of Positivity [Eric Wall]
“It takes two nudges to convert a nocoiner. The vast majority of people got their very first nudge in 2017. These people are now primed for that second nudge, which is coming in roaring.” – Eric Wall
The new bull market is coming in hot, but it feels very different from previous cycles. What is it exactly? Can we see it in the data? Is this another FOMO, retail speculative buy in? Or is this something bigger? Listen to today’s read from the Arcane Research blog of “Eric’s November Thoughts” about what the foundations of this bull run are, and why this time, might actually be a little different.
Check out the original and follow Eric at the links below:
https://research.arcane.no/blog/erics-november-thoughts
https://twitter.com/ercwl
And for the excellently bullish thread covered during the Guy’s Take section, check it out below:
https://twitter.com/AnthonyDessauer/status/1328552929083621377?s=20
• For an awesome mobile wallet be sure to check out our sponsor, Hexa Wallet at guyswann.com/hexa
• And for a simple, secure, open source hardware wallet, BitBox is the way to go by ShiftCrypto. Check it at guyswann.com/bitbox
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_462 – 7 Misconceptions About Bitcoin [Lyn Alden]
“Bitcoin is more easily verifiable than gold, in terms of being a reserve asset and being used as collateral. It’s more frictionless to transfer than gold, and has a hard-capped supply. And I like gold too; I’ve been long it since 2018, and still am.” – Lyn Alden
With so many new eyes on Bitcoin, there are a large number of questions that the typical outsider has. Lyn Alden, in this excellent piece, breaks down the major misconceptions around Bitcoin and why she is bullish for 2021.
For the many charts and graphics that accompany the arguments laid out in this piece, check out the original, plus the tons of other great analysis on her blog at the link: https://www.lynalden.com/misconceptions-about-bitcoin/
Places to Buy Bitcoin:
SwanBitcoin.com/Guy
SwanBitcoin.com/Alden
Cash App
River Financial
Bull Bitcoin
Coinfloor
And a big thanks to our sponsor Hexa Wallet for supporting the Audible of the Bitcoin space!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_461 – When Bitcoin Melts The System, Prosperity Steps In [Thibaud Marechal]
“The logical construct behind the dissection of today’s evils is actually very simple: money is broken; fix the money, fix the world.” – Thibaud Marechal
The systemic imbalances of our monetary system are far deeper than most realize. It is the very foundation of our consumerist culture, its the course of our bloated, corrupt financial industry, it props up the impossible size of the advertising giants and surveillance capitalism, it creates a monetary premium on goods that should be valued by their productive capacity or actual use, & it betrays the very people who need money most to be a stable, wealth preserving tool. Fix the Money; Fix the world. Another brilliant article at BitcoinMagazine.com and by returning author Thibaud Marechal on the poisonous consequences of a broken money system.
Check out the original below as well as his many other excellent pieces available to read:
https://bitcoinmagazine.com/articles/when-bitcoin-melts-the-system-prosperity-steps-in
A huge thank you to our sponsor for the show, Hexa Wallet! Bringing an excellent mobile wallet packed with features to the everyday user. Check them out at Hexawallet.io or on Twitter at twitter.com/hexawallet
A thanks to the LTBNetwork for sharing out this show to their amazing audience and bringing so much quality content to the Bitcoin space!
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_460 – The Hard Forks that Didn’t Dilute Bitcoin [Nic Carter]
“If any of these forks had meaningfully gained ground relative to Bitcoin, the critics would have had a point. What’s the point of a monetary network which is undergoing a constant state of fragmentation?” – Nic Carter
Another great article from Nic and this one is right in line with the second episode of Shitcoin Insider, also now available for a deep dive into the sad state of Bitcoin forks! They said it would dilute Bitcoin, they claimed it would prove Bitcoin was, in fact, not scarce, but as infinite as any digital database that can be replicated over and over again. But what came of the forks? Did they really dilute the value and core attributes of the Bitocin network? Nic lays it all out in another excellent article at Coindesk.com. Don’t miss it!
Check out the original to find Nic’s other works and numerous great graphics and charts to illustrate his argument:
https://www.coindesk.com/bitcoin-trounces-bch-bsv-fork-wannabes
The mempool is nearly empty again! Now is the perfect time to explore a new wallet, find the best software to hold your own keys, and begin experimenting with Lightning! Start with an excellent mobile wallet with built in batching to save yourself a lot of future headache. Hexa Wallet is the only one out there, and has so many great features to explore. Check it out at hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_459 – Call me Ishmael [BitMex]
“One can use a “brainwallet”. Refugees need to carry nothing with them, all they would need to do is remember a Bitcoin wallet passphrase. Funds, potentially millions of US dollars, can therefore be effectively stored inside of one’s mind.” – Bitmex research
What is a bran wallet and what exactly are the risks and benefits of trying to store Bitcoin in your mind? Is it so simple as generating a key from your favorite quote? Or could this just be a recipe for disaster? In a time where it is more important than ever to hold your own keys and prepare yourself for the raging bull, Bitmex Research brings us a timely article about the security and concerns of storing Bitcoin in your brain?
Check out the phenomenal amount of research at the Bitmex blog:
https://blog.bitmex.com/call-me-ishmael/
Don’t forget to check out the awesome wallet by our sponsor Hexa Wallet! So many great features available to hold your own keys and protect yourself from loss in the case of disaster. Find them at Hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_458- The Lightning Liquidity Marketplace [Peter Chawaga]
“Lightning Labs is positioning this release as a step toward an ecosystem of Lightning-based financial products, which it called “LiFi.” – Peter Chawaga
A new ecosystem has just begun. With Bitcoin native financial markets, Lightning Labs has released the beginning of an entirely new structure of Bitcoin finance with Lightning Pool Marketplace. An open, global, noncustodial auction for liquidity on the lightning network, and a novel way to execute contracts off-chain. This is the beginning of something big. Don’t miss this excellent article from Bitcoin Magazine and author Peter Chawaga. The future of lightning is coming into focus.
Check out the original at Bitcoin Magazine, and follow Peter Chawaga at the links below:
https://bitcoinmagazine.com/lightning-network
https://twitter.com/PeterChawaga
Much love to our sponsor, Hexa Wallet for supporting Bitcoin Audible and bringing the best in Bitcoin to audio for all those who don’t have the time to read it. Check them out at Hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_457 – Our Most Brilliant Idea [Robert Breedlove]
“When governments play God, civilizations burn in Hell.”
– Robert Breedlove
The 3 pillars of free markets all hinge on fair, honest, reliable money. Without it, monumental errors within the markets are unable to be corrected. By enforcing reliable, incorruptible rule of law, undeniable private property, through a system of verifiable sound money… Bitcoin is the capstone of free market innovation. Don’t miss this incredible piece by Breedlove.
Check out the original article here and drop some massive applause:
https://breedlove22.medium.com/our-most-brilliant-idea-aced329f8941
If you want to support Breedlove’s work, check out the many links below:
• Subscribe to my YouTube Channel: bit.ly/321Lzm0
• Follow me on Twitter: https://twitter.com/Breedlove22
• Stack sats with me, get $10 in free Bitcoin through this link: https://www.swanbitcoin.com/breedlove
• Journey with me as I write my first book: https://bit.ly/3aWITZ
• If you enjoyed this, please send sats: https://tippin.me/@Breedlove22
• Or, send sats via Lightning Network with Strike: https://strike.me/breedlove22
And Don’t forget to check out our awesome sponsor, Hexa Wallet! A non-custodial, mobile wallet packed with great features. Check them out at the link below:
hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_456 – Bitcoin at 12 [Nic Carter]
“I believe Bitcoiners have this in common. They recognize that they have undertaken a near-hopeless task. Creating a global, neutral, apolitical settlement medium and standard of value will not happen overnight. We have barely begun the project.” – Nic Carter
Bitcoin represents a hope for a better future, and the longest time horizon in building a sustainable solution for the generations to come after us. Like the cathedrals that took centuries to build, those who labored placed bricks into the structure and toiled their lives knowing they they may never see the completion of their project, but that they were building something far bigger than themselves, that would last for centuries to come. Another brilliant piece from Nic Carter, Bitcoin at 12 years.
Hit the original below and drop some incredible applause on the article:
https://medium.com/@nic__carter/bitcoin-at-12-f6fce39cb9bb
Kudos to Hexa Wallet for the amazing update & as always a major thanks for supporting the show! Check out their amazing mobile wallet packed with features at Hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_455 – Bitcoin and the Rhythms of History [Brandon Quittem]
“Individuals can opt-out of their local currency by joining the Bitcoin life raft. Protect purchasing power, rather than go down with the sinking ship that is their state.” – Brandon Quittem
A fascinating journey through the concept of the Fourth Turning and analysis of the incredible times we live in. More will change in the next decade than in the previous 8 combined. We are entering a time where our old institutions are torn down and built anew. Do we devolve into collectivism and totalitarian rule? Or can we find a way to protect and fan the flames of individual liberty and sustain a prosperous future for the next generation. Listen to this excellent piece to find out!
Follow Brandon on Twitter if you haven’t yet! And check out his page, the many great graphics on the article, & all the other great writing available on his site: https://www.brandonquittem.com/
Thanks Hexa Wallet for supporting the Audible of the Bitcoin space! Making all the best in Bitcoin accessible to everyone! https://twitter.com/HexaWallet
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Read_454 – The Last Word on Bitcoin’s Energy Consumption [Nic Carter]
“If your local energy cost is effectively zero but you cannot sell your energy anywhere, the existence of a global buyer for energy is a godsend.” – Nic Carter
What do all the “boiling oceans” alarmist miss about the nature & incentives of Bitcoin’s energy consumption? Can we determine anything meaningful about Bitcoin’s energy use by looking at the state of mining today, and the trends leading us into the future? Today we read a great piece from CoinDesk by the many times Bitcoin Audible author Nic Carter, on the fallacies of the general thinking, why Bitcoin gets picked on, & the simple thing the complainers could do to solve it.
Nic Carter’s “The Last Word on Bitcoin’s Energy Consumption”:
https://www.coindesk.com/the-last-word-on-bitcoins-energy-consumption?amp=1
Other excellent pieces by Nic Carter available in audio:
A Most Peaceful Revolution:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293—A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
The Cat is Out of the Bag:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_340—The-Cat-is-Out-of-the-Bag-Nic-Carter-ea6ffl
Don’t Fear the Reaper:
https://anchor.fm/thecryptoconomy/episodes/Read_436—Dont-Fear-the-Reaper-Nic-Carter-ej3h3l
Unpacking Bitcoin’s Assurances:
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281—Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r
If you would like to support the show & be a part of the anointed Satoshi’s Audionauts, become a patron at Patreon.com/thecryptoconomy!
This show wouldn’t be possible without all the incredible supporters of my work, and I cannot thank you guys enough!
And a thanks to Hexa Wallet for a great, non-custodial, seedless, multi-factor and multi-account mobile wallet that’s great for a whole range of users, experienced and new to the space! Check them out at Hexawallet.io
—
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
