Shitcoin Insider

Bitcoin Maximalists take on the scams, ponzis, & bad ideas in the world of crypto. Doing the dirty work so that you don't have to.

Hosted ByGuy Swann & The Insider

All Episodes

Read_806 – A Measure of Sacrifice, Part 1

"From an engineering perspective the mechanical clock with its novelty, the escapement, was by far the more important invention. In terms of its impact on contemporary temporal relationships, the...

Guy’s Take_081 – Fiat Materialism

I'm sure you have heard the claim that without inflation and the good people running the counterfeit machine, people would never spend money and it would cause an economic...

Read_805 – Dear Crypto & Fiat Bros

"Whether you're a rekt crypto bro or a friend of fiat, there is one thing that is especially difficult to accept. The one thing that sets Bitcoin apart: it...

Read_805 – Dear Crypto & Fiat Bros

“Whether you’re a rekt crypto bro or a friend of fiat, there is one thing that is especially difficult to accept. The one thing that sets Bitcoin apart: it all works without anyone in charge.”
~ Gigi

The crypto and fiat bros of the world are likely in shock as Bitcoin, once again, has not died. Once again, rallies toward all time highs despite the clear “unbacked tulip mania bubble” that it really is if you ask the typical fiat and crypto minded. I think it’s valuable to go back to a piece written by the ever-thought provoking mind of DerGigi in the very heart of the bear market. How could it be so clear that we were headed back here? What could lead to such conviction? What do we understand, that others don’t? Find out in today’s excellent read.

Check out the original article at Dear Crypto & Fiat Bros. (Link: https://tinyurl.com/5n9byjh9)

Guest Links

Gigi on X (Link: https://twitter.com/dergigi)
Gigi on Nostr (Link: https://tinyurl.com/4fstytkn)
Gigi’s Website (Link: https://dergigi.com/)

Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)

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“Sometimes the questions are complicated and the answers are simple.”
~ Dr. Seuss

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Read_804 – The Past, Present, & Future of Offline Payments

"It might feel as if the promised future is perpetually out of reach, but building Lightning is a lot like climbing a mountain. Climbers never really see the summit...

Read_804 – The Past, Present, & Future of Offline Payments

“It might feel as if the promised future is perpetually out of reach, but building Lightning is a lot like climbing a mountain. Climbers never really see the summit until they’re standing on top of it. They often can’t even see over the next ridge. Planning the ascent is important, but most of the time you’re simply concentrating on the next foothold. But the steps add up. Just like the view from the top is the reward for all that effort, a brighter monetary future will be our reward for building the network bit by bit.”
~ Roy Sheinfeld

Today we dive into a short read covering an interesting technical challenge, but touches on a hint of truth that makes for a fascinating commentary to follow. It is easy to get lost and see where Bitcoin’s potential hasn’t lived up to impossible promises, but its critical that we not lose sight of where we have come from. To have a perspective rooted in reality weighing our progress from where we actually came, not lost in a foolish expectation and comparing to a falsely remembered past. Let’s dive into a great little piece from Roy Sheinfeld, CEO at Breez.

Check out the original article at The Past, Present, and Future of Offline Payments. (Link: http://tinyurl.com/mtmvatbx)

Mentioned in the episode

Chat_093 – P2P Payments for the World with Roy Sheinfeld (Link: http://tinyurl.com/3cv2ux2x)

Read_793 – How DigiCash Blew Everything (Link: http://tinyurl.com/2s49yer8)

Read_766 – Spiderchains, Proof of Stake L2. (Link: http://tinyurl.com/2vybksr8)

Chat_092 – Second Coming of the P2P Web (Link: http://tinyurl.com/37n6426t)

Guest Links

Roy Sheinfeld on X (Link: https://twitter.com/therealkingonly)

Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)

Check out our awesome sponsors!

Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

“We can complain because rose bushes have thorns, or rejoice because thorns have roses.”
~ Alphonse Karr

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

Read_803 – Inflation in a HyperBitcoinized World

"Izzy said there could be inflation in a hyperbitcoinized world. And she's right. Calm down, maxis, calm down! Explaining why this is true sheds light on yet another of...

Chat_093 – P2P Payments for the World with Roy Sheinfeld

"I'm super confident that lightning is not just the present but also the future of lightning. It is the interoperability layer between all things Bitcoin." ~ Roy Sheinfeld What...

Read_802 – How Inflation Destroys Civilization

"The foregoing considerations are by no means an exhaustive account of the cultural and spiritual legacy of fiat inflation. But they should suffice to substantiate the main point: that...