The crew from the Lightning Hood website and weekly wrap-up are back for another episode chatting all about the developments in Lightning & Bitcoin throughout the last year. What’s new, what’s the same, and what’s the next steps.
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Inflation, or manipulation of the money supply to the benefit of the politically well connected, is quite possibly the most pervasive frauds of modern society. It creates multiple layers of compounded resource misallocation, it benefits the debtors and manipulators at the expense of savers, it puts a constant downward pressure on living standards, and it enables more unchecked corruption and abuse of power than any other aspect of our political systems.
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I was lucky enough to get the opportunity at the Bitcoin 2019 Conference to sit down with Alex Adelman, the CEO of Lolli, and talk all about how he got into Bitcoin and their crazy experience bursting into the Bitcoin scene! This is definitely a crew to be watching closely as they continue to expand their service and grow with the Bitcoin ecosystem.
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Today we finish the amazing journey through Jameson Lopp‘s thorough compilation of Craig Wright’s extensive efforts and complications in trying to convince the world he is Satoshi Nakamoto, the creator of Bitcoin.
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Did you hear about the guy who tried for years to convince the world he was Satoshi?
If you ever wanted to explore the evidence against Craig Wright’s dubious claims but simply didn’t have the time to sit down and read it, this is the QuikRead for you.
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I got a chance to sit down with Aleks Svetski of the Amber App & blockchain bashing fame at the Bitcoin2019 conference. The Citizen Bitcoin crew joins us to hear his story of bashing ICOs at an ICO conference, and speaking about the Death of Blockchain at a blockchain conference. Don’t miss this one.
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Another excellent piece by @beautyon_ and discussion on the nature of Bitcoin’s uncontestable monetary standard and what it means for our future. Its not volatility or the risks of a scarce monetary supply, “The danger is being left out of Bitcoin.” You have been warned.
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Today we have a great chat with Richard Myers all about the recently unveiled Lot49 protocol and how Global Mesh Labs intends to incentivize and help build a global, decentralized meshnet powered by Lightning!
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All the buzz is about FacebookCoin, I mean FacePalmCoin, I mean Libra today with the release of the testnet and Libra.org giving much sought after details on the new protocol and what they seek to accomplish with it. The big question, can it do any of what it says, and what other projects does it compete with really? We read numerous twitter posts, including a great thread by Caitlin Long, tweets from Andreas, details sourced by Jameson Lopp, and more in today’s Guy’s Take episode.
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“Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title to any such commodity: i.e., irredeemable paper money.”
Continuing from yesterday’s episode with Part 2 of our journey through Hoppe’s amazing piece on the nature and origins of the fiat money system. Could such a system ever work in a competitive market, or are there extremely specific conditions and legal restrictions which make the contradiction of irredeemable paper money, temporarily sustainable? Listen to find out.
“How is Fiat Money Possible.” Don’t forget to check out the vast collection of knowledge at Mises.org for this work and many more like it.
Today we reach the conclusion of Hoppe’s incredible piece on the nature of fractional reserve banking and the contradictions of fiat money. With the final section, “From Deposit & Loan Banking to Fractional Reserve: The Devolution of Credit.” Plus a really fun discussion as a follow-up to the entire, 3 part work. “How is Fiat Money Possible.” There is no place like Mises.org. Don’t forget to check out the vast collection of knowledge and information made available for free over at the Mises Institute!
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Alone, and feel the charm of existence in of souls like mine. I am so happy, my dear friend.
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