Guy’s Take

Guy’s Take #45 – A Mental Framework for Scaling

No matter how often we cover these ideas, it still seems astonishingly common for new people to fall into the same old fallacies and the same misguided thinking. In this episode I try to cover all the major problems with the “raise the blocksize” mentality, and why its thinking incorrectly about what the system even provides, and most importantly how it provides it.

Read More

Bitcoin is Not What you Think it is

• Money is not what you think it is

• Great societies are a result of great money

• Money is more foundational than language

• Prices are not arbitrary

• The nature of time

• Money is a tool of information

• Proof of work in ancient history

…And so much more in today’s Guy’s Take!

Read More

Guy’s Take #43 – The Sound of Inevitability

• Why Matt Odell is wrong about the OCC statement

• Bullish review of the SeeTee Shareholder Letter

• Microstrategy & 0% bonds

• Jack Mallers taking over the world

• NYDIG

• MassMutual, Square, Tesla, Marathon, Stone Ridge, & the Bitcoin Treasury Rush

• Next phase of the Bitcoin mining industry

• Lightning everywhere

• New developer grants

• Rewards Cards everywhere!

Read More

Guy’s Take #42 – Bitcoin’s Second Chapter Begins

“In Chapter 1 we reached millions. In Chapter 2 we’re going to reach billions and we’re going to do it quickly. And Chapter 2 starts right now.” – Ross Stevens

Read More

Guy’s Take #41 – Gamestop is the Battle, Bitcoin is the War

Curious to know what the recent clown show of GameStop and r/WallStreetBets was all about? Well we get into it in today’s rant about the phenomenal arrogance and outright manipulation of the major players in Wall Street after retail investors made them cry. There is nothing that could more perfectly demonstrate the reality that average Joe’s only have freedom when they are losing, but when they make a win at the expense of billionaire hedge funds, you can bet your ass the stocks will be delisted, accounts will be frozen, positions will be closed for no reason, the SEC will investigate “manipulation” from the retail investors, & the big dogs will do everything they can to prevent from paying the bill.

Read More

Guy’s Take #40 – Double Spends & Wittgenstein’s Money

What the hell is everyone squealing about regarding this “critical flaw” and “confirmed double spend” on the Bitcoin network? Is this another 2013 bug, or a giant nothing burger? Guy dives into it on today’s episode and then gets into the follow-up to Wittgenstein’s Money, the amazing piece by Allen Farrington that we covered in the previous episode on the show. What is value, what is money, & what would it seem like if it did seem like a money was emerging from zero?

Read More

Guy’s Take #39 – Bitcoin is the Pin

We are in the midst of one of history’s greatest financial bubbles, represented both in a global debt crisis, as well as a bloated, subsidized financial sector that is many times greater in size than it naturally should be. Rather than Bitcoin being the bubble that everyone claims it is, on the contrary, the financial system is a “greater fool” bubble, and Bitcoin is the pin.

Read More

Guy’s Take #38 – An Unstoppable Force

“It’s not that a government has the ability to ban Bitcoin from their country, I think it’s closer to the opposite: A country only has the ability to ban itself from Bitcoin.” – Guy Swann

Read More

Guy’s Take #37 – Dear James Woods, Sincerely Guy Swann

“All you can do with Bitcoin once you buy it is sell it, but you need somebody else to buy it from you.” – Peter Schiff
James Woods shared a tweet with what is, in the end, a generally rational skepticism and common initial impression of Bitcoin. From an article at Fox Business, that based its argument on a few quotes from the king and queen of Bitcoin trolls, Peter Schiff and Nouriel Roubini. “You can’t do anything with it but sell it,” they claim, “its a huge scam and pump and dump” they added. As a Bitcoiner I would obviously argue this is completely false, but its not easy at first to see why, and it takes a huge amount of history, and close scrutiny to see the bigger picture.

Read More

Guy’s Take #36 – Walking Tall

What does having savings, & the incentives reestablished by sound money, do to a person’s *character?* How does it change who we are when we have something that we know is ours, and frees us of dependence on another human being? With a short read of a Bank Ad from many decades ago that shows an entirely different view of money and savings, we dig into how money affects us on a different level.

Read More