Read_368 – EARN IT Attacks Online Security & Privacy [EFF, Elliot Harmon]
“Make no mistake: the EARN IT Act is a vehicle to undermine end-to-end encryption.” – Elliot Harmon
A very important episode on a topic that people need to be aware of. There is a bill in Congress, one of the continuous attempts for the past 25 or so years, that will create enormous collateral damage to our freedom of speech, and privacy online. Not to mention putting the many abuses of surveillances capitalism on steroids. An excellent article from the EFF breaks it all down.
“The price of liberty is eternal vigilance.” – Thomas Jefferson
Please take just a moment and visit the original article to send a message to your representative. Ot might not make an enormous difference, but what do they do if they hear from no one? Support the EFF for fighting the good fight for online security and free speech!
https://www.eff.org/deeplinks/2020/03/graham-blumenthal-bill-attack-online-speech-and-security
Take Action: https://act.eff.org/action/protect-our-speech-and-security-online-reject-the-graham-blumenthal-bill
Another great article from BitcoinMagazine giving more insight into the problem written by Dave Hollerith:
https://bitcoinmagazine.com/articles/earn-it-the-us-anti-encryption-bill-that-threatens-private-speech-online
Swan Bitcoin is almost live! They are the best place to DCA your sat stacking! A Bitcoin-only company built by true Bitcoiners. You’ll get $5 free sats by using the referral below as well as sending $5 to the show!
https://www.swanbitcoin.com?grsf=fijswv
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Read_367 – Bitcoin, Fungibility, & Limits of Privacy [Sasha H. & Rafael Y.]
“Keeping the Bitcoin network private can be thought of as an act of unity by Bitcoiners in America to help keep the network useful for Bitcoiners in Venezuela and Hong Kong — indeed, around the world.” – Sasha Hodder & Rafael Yakobi
An article from Bitcoin Magazine diving into the difficult and often onerous regulations around money transmission and the consequences for both the entire industry, and the dangers it presents for individual privacy. An excellent op-ed from Sasha Hodder, and Rafael Yakobi.
Link to the original article on BitcoinMagazine.com:
https://bitcoinmagazine.com/articles/bitcoin-fungibility-mixing-and-the-legal-limits-on-maintaining-privacy
Mentioned in the commentary to explore the ideas further:
https://www.youtube.com/watch?v=msQ_khFmKtU
A huge thanks to both Swan Bitcoin, the best place for an easy DCA bitcoin savings plan, and the LTB Network for supporting the Audible of the Bitcoin space.
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Read_366 – What’s Happening in Financial Markets? [Caitlin Long]
“Every single co in the industry invested badly at the same time… every single competitor made the exact same mistake, in the same direction.” – Caitlin Long
If you missed the epic Twitter Thread from Caitlin Long on the state of the global financial markets, and how we managed to find ourselves in such a disastrous, then worry no longer. Now Audible, followed by Guy’s commentary on the concepts she outlines, her excellent episode on Pompliano’s show, and on the fundamental economics that had gone awry to bring us to this ultimate end.
Link to the original thread below:
https://twitter.com/CaitlinLong_/status/1238915150368792576
Don’t forget to follow Caitlin on Twitter as well as Avanti Bank & Trust so you don’t miss the incredible work toward building a foundation to replace the old, broken system:
https://twitter.com/AvantiBT
Check out the episode with Pomp to hear her expand on these ideas:
https://open.spotify.com/episode/2SHS4ZaPoBRK3tYuxRS56U
Previous reads mentioned in the commentary that will help shine a light on the fundamental economics being violated by our central banking system.
• Use of Knowledge in Society by Hayek
Part 1: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250—Use-of-Knowledge-in-Society-Part-1—F–A–Hayek-e43pfj
Part 2: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251—Use-of-Knowledge-in-Society-Part-2—F–A–Hayek-e444k0
• Distrust in Lebanese Banks Spurs Bitcoin Boom by Timour Azhari
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_360—Distrust-in-Lebanese-Banks-Spurs-Bitcoin-Boom-Timour-Azhari-eb6val
A huge thank you to Swan Bitcoin ❤️for supporting the Audible of the Bitcoin space!
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Read_365 – Ten Million Bitcoiners, The Intransigent Minority [Cory Klippsten]
“Not too many years from now, the number of Bitcoiners in the United States of America will cross ten million. When we hit that milestone, it’s game over: Bitcoin wins…” – Cory Klippsten
Diving into our first read from the Swan Bitcoin blog by their CEO Cory Klippsten, we explore the simple, but powerful idea of the Intransigent Minority. Laid out in Nassim Taleb’s book “Skin in the Game” the intransigent minority is the target for the number of Bitcoiners that would be needed to reach the point of no return. What might that number be, and how do we get there? Listen to a short, fun read on building the intransigent minority.
This episode is actually sponsored by none other than Swan Bitcoin! (fyi, this was already in my reading list & they didn’t know )
If you want to show thanks for their support of the Audible of the Bitcoin space, plus get $5 free of the hardest money on earth, use my referral link to sign up at SwanBitcoin.com! Show them that Swann comes with 2 n’s baby!
https://www.swanbitcoin.com?grsf=fijswv
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Read_364 – Bitcoin, The Technology of Dissent [Nozomi Hayase]
“We, Bitcoiners, are all dissidents in the Old World of trusted third parties. […] Laws of nature that are higher than man-made laws, being enforced by mathematics, have begun to reorganize a society.” – Nozomi Hayase
Bitcoin isn’t merely a new money, it’s a radical departure from the systems of trust. It founds a new system where incentives align in a beautiful design to enforce cooperation through the independent self-interest of opposing parties. As a technology of dissent, it doesn’t allow us merely to protest the old system’s of control, but instead gives us an avenue to opt out altogether.
Bitcoin Is The Technology Of Dissent That Secures Individual Liberties:
https://bitcoinmagazine.com/articles/bitcoin-is-the-technology-of-dissent-that-secures-individual-liberties
Check out the other work produced by Nozomi, and follow her on social media:
https://bitcoinmagazine.com/authors/nozomi-hayase
Previous episodes mentioned in the commentary:
• The Crypto Anarchist Manifesto – https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_300—–The-Crypto-Anarchist-Manifesto-Timothy-C–May-e5p7j4
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Read_363 – Bitcoin is Not for Criminals [Parker Lewis]
“Bitcoin can’t be a little bit censorship resistant in the same way that you can’t be a little bit pregnant.” – Parker Lewis.
Continuing the Gradually then Suddenly series from Parker Lewis with another excellent installment: Bitcoin is Not for Criminals.
Check out the original at the amazing blog provided by Unchained Capital:
https://unchained-capital.com/blog/bitcoin-is-not-for-criminals/
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Read_362 – How Lightning Can Improve Encrypted Messaging [Colin Harper]
“devising a scheme that handles both messaging and payments under one roof could be a killer app” – Colin Harper
As part of Bitcoin Magazine’s excellent set of articles on “The Technology of Dissent,” we get a great piece by Colin Harper on the state of encrypted messaging over the Lightning Network. With both Shpinx and Whatsat using separate mechanisms for establishing a private, censorship resistant, decentralized messaging platform, could the combination of encrypted messaging and payments be a killer app for Lightning? Listen to today’s episode to find out!
The original article here!
https://bitcoinmagazine.com/articles/how-the-lighting-network-could-improve-encrypted-messaging
The other great recent selection from Bitcoin Magazine:
https://bitcoinmagazine.com/issue/bitcoin-through-dissident-technology
The Guy’s Take where I dive into the encrypted messaging App I want to use:
https://anchor.fm/thecryptoconomy/episodes/GuysTake_002—The-Lightning-App-I-Want-to-Use-e2ndp6
Don’t forget to subscribe and share the show out with all of your friends in Bitcoin!
https://anchor.fm/thecryptoconomy/
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Read_361 – Bitcoin’s Habitats [DerGigi]
“To fully understand any organism, we must not only look at the organism itself, but examine the organism-environment holistically.” – Gigi
If Bitcoin is a new organism, then where exactly does it live? Is it in cyberspace, the human realm, in financial markets and value… or all 3? Find out in Gigi’s excellent new piece on the Habitats of Bitcoin.
Bitcoin Habitats by @Dergigi:
https://medium.com/@dergigi/bitcoins-habitats-9ce3064bd3a7
Recommended Further Reading:
Proof of Life – Why Bitcoin is a Living Organism by Gigi
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_285—Proof-of-Life-dergigi-e51lt1
The Sovereign Individual by James Dale Davidson and William Rees-Mogg
• https://www.audible.com/pd/The-Sovereign-Individual-Audiobook/1797103385?qid=1583275273&sr=1-1&ref=a_search_c3_lProduct_1_1&pf_rd_p=e81b7c27-6880-467a-b5a7-13cef5d729fe&pf_rd_r=3VY4T21FG3XNYQ1RGENK
Become a patron below to support the project of making all the best in Bitcoin Audible! Plus get access to the Cryptoconomy Telegram and hang out with a bunch of veteran Bitcoiners!
patreon.com/thecryptoconomy
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Read_360 – Distrust in Lebanese Banks Spurs Bitcoin Boom [Timour Azhari]
“A volatile currency for volatile times” – Timour Azhari
When the banks become the volatile alternative, when your rights and control over what’s in “your” bank account are a fleeting daydream, when the banks abuse your trust, take your money, and then try to sell it back to you; a volatile, independent, decentralized digital money, becomes that very thing that “puts your mind at ease.” Everything is relative, and the world is an increasingly volatile place. Don’t miss this one!
Link to the original article by Timour, plus don’t forget to check out the author on Twitter for more great stuff like this one!
https://www.aljazeera.com/ajimpact/distrust-lebanese-banks-spurs-bitcoin-boom-200224202742678.html
And don’t forget to get one of the best journeys through understanding and exploring the Bitcoin life form, in Knut Svanholm’s “Sovereignty Through Mathematics.” It starts on Read_308 and continues in 5 parts, thanks to Knut for making it free to everyone who listens to this show!
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_308—Sovereignty-Through-Mathematics—Part-1-Knut-Svanholm-e7tak7
And you can also support the show by purchasing it on Audible.com in the full unabridged, uninterrupted audiobook!
https://www.audible.com/pd/Bitcoin-Audiobook/B083SMKYVC?qid=1583178204&sr=1-1&ref=a_search_c3_lProduct_1_1&pf_rd_p=e81b7c27-6880-467a-b5a7-13cef5d729fe&pf_rd_r=T0P5FPPGE8JX6NMPH5YX
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Read_359 – Microsoft’s ION Bets on Bitcoin [Colin Harper]
Microsoft has a history of funding and developing with open source systems, and has started a new project called ION, trying to make a universal, decentralized system secured by Bitcoin, for managing and proving identities available to the globe. What are the goals and mindset behind this project, and how is Microsoft planning for its future, and the future of the Bitcoin ecosystem? Find out in today’s article by Colin Harper discussing the ION system with Daniel Buchner, the project lead!
Another of the constantly amazing content available thanks to the team at Bitcoin Magazine! Check out Colin’s previous article getting into details of how the ION system will work.
https://bitcoinmagazine.com/articles/microsoft-building-id-verification-platform-bitcoin
A huge thanks to the LTB Network for partnering with the show and helping to get the Audible of Bitcoin to everyone!
https://letstalkbitcoin.com/
Support the show by becoming a patron and get access to the Cryptoconomy Telegram Crew!
patreon.com/thecryptconomy
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Read_358 – The Blockchain is Exhaust [Udi Wertheimer]
Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world?
This was a fascinating Twitter thread by Udi Wertheimer that explores what I find to be an interesting perspective on the role that “the blockchain” plays in the Bitcoin network. With added input and contrarian opinions from Eric Wall, Meni Rosenfeld, Adam Back, & Justin Moon, we take a short episode to expand on a unique idea.
The Original Thread:
https://twitter.com/udiWertheimer/status/1087142827346354177
https://twitter.com/adam3us/status/1087315014812348417?s=20
https://twitter.com/MeniRosenfeld/status/1087663298944864256?s=20
Other works mentioned that will shed light on these ideas:
Parker Lewis’s “Bitcoin Cannot be Copied”:
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291—Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11
Nick Szabo’s “Money, Blockchains, and Social Scalability”:
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_066—Money–Blockchains–and-Social-Scalability-e2ndsj
Help keep the project alive by becoming a patron! Plus join the Cryptoconomy Telelgram Crew!
patreon.com/thecryptoconomy
thecryptoconomy.com
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Read_357 – Another Step Towards a P2P Lightning Economy [Roy Sheinfeld]
“If you ask me how much trust is right for the Lightning economy, the answer will always be less.” – Roy Sheinfeld
Today we dig into the recently implemented reverse submarine swaps in the breez lightning service. One of the many tools we have for both mitigating, and also building trust in the new economy. How exactly do submarine swaps work, what’s a HODL invoice, what might they mean for the future of Lightning, and how is Breez using them? All this any more in today’s article by Roy Sheinfeld!
Check out the original below and be sure to drop some claps over at Medium:
https://medium.com/breez-technology/reverse-submarine-swaps-another-step-towards-a-p2p-lightning-economy-bacb040fdca7
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