Podcast: Bitcoin Audible

Read_676 – The State of Man – Proclaim Your Bitcoin, Part 2 [Simply Bitcoin]

“The primary work undertaken by thieves to maintain their systems of thievery is manipulation. Deceit and lies are the tools of the trade for the thief. And there is no grander system of theft than the debt based monetary system of the US dollar, enforced under deadly monopoly powers and perverse amounts of public manipulation.”…

Read More

Read_675 – Stop Drinking the Elite’s Kool-aid [Nayib Bukele]

“They used to own everything, and in a way they still do; the media, the banks, the NGOs, the international organizations, and almost all the governments and corporations in the world. And with that, of course, they also own the armies, the loans, the money supply, the credit ratings, the narrative, the propaganda, the factories,…

Read More

Read_674 – FTX & Alameda, Through the Looking Glass [NYDIG]

“I will start with the conclusion: my piece failed. Nothing has changed. DeFi-driven blowups have continued. Therefore, in the strongest possible terms, I repeat, with humility: do not invest in non-Bitcoin crypto. Do not invest in non-Bitcoin DeFi. This is why NYDIG is a bitcoin company. Always has been, always will be.” – Ross Stevens…

Read More

Read_674 – FTX & Alameda, Through the Looking Glass [NYDIG]

“I will start with the conclusion: my piece failed. Nothing has changed. DeFi-driven blowups have continued. Therefore, in the strongest possible terms, I repeat, with humility: do not invest in non-Bitcoin crypto. Do not invest in non-Bitcoin DeFi. This is why NYDIG is a bitcoin company. Always has been, always will be.” – Ross Stevens

Today we take a short dive down the FTX and Alameda rabbit hole with an article put out from NYDIG and Stone Ridge that prefaces the situation with a call to action for those in the space, and then is followed by a breakdown of the events and what we know so far from Greg Cipolaro. If you are wondering what has been going on in crypto, this is a good place to start.

Check out the mentioned article below written 6 months ago on the risks and potential failures of crypto and Defi with the incredible piece co-authored by Ross Stevens, Nic Carter, & Allen Farrington:
https://nydig.com/on-impossible-things-before-breakfast

Check out the original shareholder letter at the link below:
https://nydig.com/research/through-the-looking-glass-the-ftx-and-alameda-saga

Dont forget to check out our amazing sponsors:
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold)
• The best place to onboard a true Bitcoiner – Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy)

—————————-

“It is always from a minority acting in ways different from what the majority would prescribe that the majority in the end learns to do better.” – F.A. Hayek
Learn more about your ad choices. Visit megaphone.fm/adchoices

Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Read More

Read_673 – Crypto is Peak Silicon Valley [Allen Farrington]

“My learned opinion is that although your average toxic Bitcoin maximalist might be able to sniff out this bullshit a mile away, Silicon Valley cannot, because Crypto is peak Silicon Valley, and Silicon Valley has sadly become peak fiat.” – Allen Farrington We bring another great piece by Allen just after our last great piece…

Read More

Read_672 – No, Let’s Not: Perpetrators of Pandemic Authoritarianism Cannot Be Forgiven [Allen Farrington]

“It must become embarrassing to admit one ever supported uninformed and nonconsensual participation in a medical experiment or mass house arrest and coerced isolation.” – Allen Farrington Amnesty for the tyrants who pushed for the destructive policies and gross abuses of power we witnessed over the past few years, is acceptance that these abuses and…

Read More

Chat_74 – Synonymous with Sovereignty, with John Carvalho

Today we bring John Carvalho back on to talk about Bitkit and the release of Synonym’s first major product in the BitKit wallet and Slashtags. Re-Decentralizing the internet with serverless identities, default encryption, and where your Bitcoin seed is the key to your online kingdom. The first lego blocks of a potentially massive ecosystem. Download…

Read More

Read_671 – Greenpeace Attacks Only Galvanize Bitcoiners [Daniel Batten]

“They will come to understand that Bitcoin is hope for non-violent revolutionaries in the environmental movement who seek to end the petrodollar, usher in a world that is not based on the excessive consumption that inflationary (fiat) currencies incentivize, stabilize the intermittency of renewable energy, find a home for new solar and wind on the…

Read More

Read_670 – Capital Misallocation, Bitcoin Fixes this – Part 2 [Steven Lubka]

“The creation of new money by insiders debases the savings ability of the existing money. It is critically important for money to maintain value, as it reflects work which was performed but not redeemed for goods and services. Is the value of your forty hour work week last month suddenly not worth as much because…

Read More

Read_669 – Capital Misallocation, Bitcoin Fixes this – Part 1 [Steven Lubka]

“Money facilities a system — the economy — that is too complex, too unpredictable and too uncertain to be modeled or reduced to neat quantifiable units. Expanding humanity’s productive resources — capital — requires the acceptance of complexity, uncertainty, unknowns and risk. It’s not a neat or tame process. It’s a wild one. It’s a…

Read More