Read_403 – Bitcoin is Antifragile [Parker Lewis]

“What doesn’t kill the legacy monetary system only makes it weaker. What doesn’t kill bitcoin only makes it stronger. “ – Parker Lewis
If you were hoping for another installment of the incredible Gradually, then Suddenly Series by Parker Lewis, then the wait is over. From the Unchained Capital Blog, today’s read is the 15th installment, “Bitcoin is Antifragile.”
Link to the original and the Unchained Capital Blog for tons of other great writings:
https://unchained-capital.com/blog/bitcoin-is-antifragile/
Follow Parker Lewis on Twitter to not miss any of the other great works and commentary on Bitcoin:
https://twitter.com/parkeralewis
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And for those fo you joining me at the ultimate Bitcoin Maximalist Conference in TX, remember the discount code ‘CC’ for 30% off at BitBlockBoom.com
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Read_402 – Human Rights Foundation Funds Bitcoin Privacy [Aaron Van Wirdum]

“At the moment, the Bitcoin network is improving but is far from as usable and private as it needs to be with authoritarianism and surveillance on the rise in many countries,” – Alex Gladstein
Another great piece by Aaron Van Wirdum made available at BitcoinMagazine.com, today it was announced that the Human Rights Foundation, a great force for liberty and privacy across the globe, has turned its focus toward directly funding Bitcoin privacy projects thanks to a generous gift from an anonymous donor. Starting with funding an implementation of an awesome privacy development called coinswap, and with another grant soon to be announced, the future of Bitcoin privacy is yet again, just a little bit brighter!
Check out the original at Bitcoin Magazine for more links to explore this privacy technique as well as others:
https://bitcoinmagazine.com/articles/the-human-rights-foundation-is-now-funding-bitcoin-privacy-development-starting-with-coinswap
To make a donation yourself to the CoinSwap project, check out the link below:
https://bitcoinprivacy.me/coinswap-donations
Dont forget discount code CC when getting your BitBlockBoom tickets!
https://bitblockboom.com/
And support an awesome Bitcoin company, plus the BitcoinAudible show, by setting up your Bitcoin Savings plan, auto-buy at the lowest prices using SwanBitcoin.com/guy
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Read_401 – Financial Cryptography in 7 Layers [Ian Grigg]

“Financial Cryptography is substantially complex, requiring skills drawn from diverse and incompatible, or at least, unfriendly, disciplines. Caught between Central Banking and Cryptography, or between accountants and programmers, there is a grave danger that efforts to construct Financial Cryptography systems will simplify or omit critical disciplines.” – Ian Grigg
Another blast from the past of 1998, written by Ian Grigg, made available at the NakamotoInstitute.org. An awesome attempt at looking forward to the possible layers and roles within a financial cryptography system, providing a fascinating comparison to Bitcoin and the reality of that system today.
Don’t miss tomorrow’s episode where we dig into the comparisons and expand on the many incredible foresights that Ian designed in his own model of our cryptographic future.
Explore the incredible library of works at the Nakamoto Institute and the original with a long list of references to dig further into these Ideas at the link below:
https://nakamotoinstitute.org/financial-cryptography-in-7-layers/
If you want the cheapest and simplest way to get a Bitcoin savings plan that will work indefinitely into the future, Swan Bitcoin is that place. Plus get $10 free for setting up through the link below!
SwanBitcoin.com/Guy
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Read_400 – Bitcoin Core 0.20 Released! [Aaron Van Wirdum]

“Users can now create a transaction without a signature in the Bitcoin Core GUI using the partially signed bitcoin transaction (PSBT) format” – Aaron Van Wirdum
A great piece by Aaron & the Bitcoin Magazine team, detailing the new release of the Bitcoin reference client that explains multiple great improvements, simplifications, cleanup of the codebase, & hardening of client security. Removing the unnecessary, and building out new standards, another great release showing the promising direction of Bitcoin’s unmatched reliability & independence continuing into the future.
Check out the original below for other great links to explore deeper:
https://bitcoinmagazine.com/articles/bitcoin-core-0-20-0-released-whats-new
The Maxwell Reddit post mentioned in the commentary:
https://old.reddit.com/r/Bitcoin/comments/d87h71/why_dont_i_get_to_choose_bip_70_removed_by_default/f1cedy9/
Don’t forget to check out my new personalized page at SwanBitcoin.com/guy and start your Bitcoin savings plan today!
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Read_399 – Bitcoin as a Startup [Hass McCook]

“VCs are a group of people demonized in the Bitcoin industry for not understanding Bitcoin’s value proposition. Well, how do you expect a VC to value Bitcoin if they’re only used to valuing startups?” – Hass McCook
A really fun article, followed by a walk down Bitcoin memory lane with Guy, giving a fresh analogy (you know how I love those) of Bitcoin as a startup moving through funding rounds. Where are we in the maturing cycle, and what will the focus of this and future eras be? Looking at Bitcoin’s history and future through the lens of a startup!
Check out the original article and drop some applause below:
https://medium.com/@hassmccook/bitcoin-as-a-startup-769c387c97ca
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Read_398 – The Political Theology of Bitcoin [Erik Cason]

“authority, not truth makes legitimacy… it is truth, not authority that makes legitimacy with Bitcoin.” – Erik Cason
Today we dive into a fascinating piece at cryptosovereignty.org by Erik Cason diving into the very concept of sovereignty, and how Bitcoin, in comparison to the legacy system, is not merely revolutionary, but messianic. Truth, not authority, is the only source of legitimacy.
Check out the original article with tons of other stuff to explore at the link below:
https://cryptosovereignty.org/the-political-theology-of-bitcoin/
For another few hours diving into this idea, listen to the most recent Raleigh Bitcoin Podcast where we talk all about it:
https://anchor.fm/raleigh-bitcoin-meetup/episodes/Novus-Ordo-eemr9t
Will you be sovereign in the future? The simplest and surest way to take back that sovereignty is to auto-buy and auto-withdraw your Bitcoin at Swan Bitcoin: Swanbitcoin.com/guy
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Read_397 – How Lightning Will Grow Following BTC’s 3rd Halving [Peter Chawaga]

“It’s going to be really interesting to replicate some of the token-based authentication schemes that we already have with centralized providers but do it with self-sovereign identity, which is pseudonymous and which is persistent across the network.” – Chris Dannen
An article by Peter Chawaga at BitcoinMagazine.com that touches on the many topics discussed during the Bitcoin Halving Livestream with many of the Lightning pioneers. With LSATs, keysend, LN messaging apps, and the new infrastructure layer for monetary applications. The future is bright, and today’s episode is a great little morsel about what it to come.
Check out the original article and the 2 great videos exploring all of this stuff further at the links below:
https://bitcoinmagazine.com/articles/how-the-lightning-network-will-grow-following-bitcoins-third-halving
Elizabeth Stark on BitcoinHalving – https://www.youtube.com/watch?v=CEim0y0Vw68
Jack Mallers, Will Reeves, Chris Dannen, & Alex Leishman – https://www.youtube.com/watch?v=z1mpftgg2Ls
Auto-Fund with USD, Auto-Stack your BTC, & Auto-Withdraw to your keys. The simplest, lowest cost way to secure your future.
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Read_396 – Crypto is Modern Alchemy [Meltem Demirors]

“Early alchemy was concerned with purifying and perfecting certain materials, such as transmuting base metals like lead into noble metals like gold, creating an elixir of immortality, or creating panaceas to cure any disease.” – Meltem Demirors
How should we observe the “crypto” industry as a whole, and what, if anything, can we learn from the enormous ocean of altcoins that could find a useful application in the future of cryptography and networking systems? Meltem gives a very interesting analogy on how to look at the results of the “crypto” industry and a useful perspective in considering what we to bring with us, and what to leave behind.
Check the original plus a ton of other great writing from Meltem at her blog “Meltem’s Musings”:
https://meltdem.substack.com/p/crypto-is-modern-alchemy
Bitcoin Audible is supported by an amazing group of Bitcoiners on the team with Swan Bitcoin. Providing the best way to auto-buy & auto-withdraw your bitcoin with the lowest DCA fees in the business. Go to Swanbitcoin.com/guy today to start your savings plan.
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Read_395 – The Bitcoin v Govt War is Vaporware [Jesse Lawler]

“The world’s national currencies will offer Bitcoin only a sputtering resistance — more in word than deed — and they’ll dwindle into irrelevance as their defenders fail to defend, their battlements go unmanned, and the central banks’ centers will not hold.” – Jesse Lawler
Are we doomed for a massive battle between the monetary giants. The Federal Reserve and global powers pitted against the decentralized Bitcoin system? Or will Goliath simply fizzle out as the central banks fail to organize, find their personal interest at odds with institutional interest, and Bitcoin proves to be too distributed to even fight?
Sci-Fi dystopia and a cypherpunk war, or no? A great, fun piece by Jesse Lawler, host of the Smart Drugs Smart podcast and fellow Crew member of the show, writes a really interesting piece on the potential conflicts, or lack thereof, in Bitcoin’s future.
Check him out on twitter with the tag @Lawlerpalooza and drop some applause on this article below:
https://medium.com/@Lawlerpalooza/bitcoin-vs-government-b324fefd3e1a
Start your Bitcoin savings at Swanbitcoin.com/guy to support your own future, and support this podcast! Keeping the Bitcoin Audible project alive!
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Read_394 – Blockstream Satellite 2.0 [Adam Back, Chris Cook]

Full nodes without even needing the internet? That’s right. A massive improvement to the decentralization & alternatives for securing Bitcoin validation infrastructure just dropped from the team at Blockstream.
Announcing Blockstream Satellite 2.0! Check out the original with links to pre-order the kits if interested:
https://blockstream.com/2020/05/04/en-announcing-blockstream-satellite-2/
Follow Adam Back, Chris Cook, & the team on Twitter:
https://twitter.com/adam3us
https://twitter.com/Blockstream
Stack sats automatically and effortlessly at SwanBitcoin.com/guy! Plus show them some love for their support in making the best Bitcoin works Audible!
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Read_393 – The Sovereign Individual Investment Thesis [Phil Bonello]

“Encryption reduces the cost of protection and decreases the leverage of violence at scale. This leads to the rise of dissident technology.” – Phil Bonello
With the foundations of the our societal structures shifting, and the core dynamics of violent organization under flux, how do we anticipate the changes in the future? Looking at the investment thesis through the lens of “The Sovereign Individual” with an incredible article from Phil Bonello.
Check out the original article at the link below, plus a lot of other great work on his blog:
https://philjbonello.substack.com/p/the-sovereign-individual-investment
A huge thanks to Swan Bitcoin for supporting Bitcoin Audible & making these works accessible to everyone. Start your Bitcoin savings plan with the lowest cost, best auto-buy service available, at SwanBitcoin.com/guy
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Read_000 – The Bitcoin Whitepaper [Satoshi Nakamoto]

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” – Satoshi Nakamoto
To kick off the Third epoch in Bitcoin we are officially rebranding to Bitcoin Audible, and beginning with the historic Whitepaper by Satoshi himself, revealing this incredible system to the world. Solving the Byzantine General’s problem, a breakthrough in consensus, a structureless, distributed monetary system incentivizing cooperation and truth. The Whitepaper is the earliest window into a groundbreaking network that already has, and will continue, to change the world.
Bitcoin: A Peer-to-Peer Electronic Cash System
Original is found here: https://bitcoin.org/en/bitcoin-paper
A huge thanks to Swan Bitcoin for supporting Bitcoin Audible & making these works accessible to everyone. Start your Bitcoin savings plan with the lowest cost, best auto-buy service available, at SwanBitcoin.com/guy
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