Bitcoin Audible – Details, episodes & analysis

Guy's Roundtable gets together for another awesome breakdown. Covering all the happenings this month: Trump wins the election, new bitcoin innovations, court rulings on privacy and free speech, bitcoin surges through the all time high, and trying to know what it is we know about the things we don't know. Mechanic, Jeff, Steve and Guy assemble to get some OG wisdom and ranting for the month in Bitcoin.

 

Thanks to the guests for joining:

• Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8)
• Steve Simple on X (Link: https://x.com/stevesimple)
• Bitcoin Mechanic Nostr (Link: https://tinyurl.com/2tm827ut)
• Bitcoin Mechanic on X (Link: https://x.com/GrassFedBitcoin)
• Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp)
• Jeff Swann on X (Link: https://x.com/agoristview)

Host Links

• ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
• ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
• Guy on Instagram (Link: https://www.instagram.com/theguyswann)
• Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
• Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
• ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
  
  

Check out our awesome sponsors!

• Get ⁠5% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)

Trying to BUY BITCOIN?

• River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river)
• Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

Bitcoin Games!

• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Bitcoin Custodial Multisig

• Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp)

Education & HomeSchooling

• Get the lesson in real economics that you never got in school, and teach your kids the truth, not the st...

"This is also an interesting case study in how Bitcoin resists duplication. You can create something which looks cosmetically similar to Bitcoin, but you cannot replicate the settlement assurances which derive from the costliness of the ledger."
— Nic Carter

A correction needs to be made. Thanks to a great thread by Anilsaidso, with a list of fundamental pieces in Bitcoin in order to grasp a deeper understanding, Bitcoin Audible had audio of all of them in the feed, except one. While I'm certain I have the audio somewhere, its time to get it back in the feed with a brilliant piece explaining one of the most misunderstood elements of Bitcoin, the value it provides, and why nothing else competes. There is no second best, and this will help to understand why. It's the Settlement Assurances, Stupid, by Nic Carter.

Check out the original article at It’s the settlement assurances, stupid by Nic Carter (Link: https://tinyurl.com/c38sm5ah)

Anilsaidso's Excellent list of Bitcoin Fundamentals

• Anil Tweet (Link: https://tinyurl.com/3b8kk892)
• CryptoQuikRead_281 - Unpacking Bitcoin's Assurances by Nic Carter (Link: https://tinyurl.com/mryxcc6x)
• "Beyond the Doomsday Economics of Proof of Work in Cryptocurrencies" by Rafael Ayur (Link: https://www.bis.org/publ/work765.pdf)
• CryptoQuikRead_151 - Gravity [Bitcoin's POW #1 - LaurentMT] (Link: https://tinyurl.com/msejdwbw)
• CryptoQuikRead_152 - Yin and Yang of Bitcoin [Bitcoin's POW #2 - LaurentMT] (Link: https://tinyurl.com/yc4d9y3u)
• CryptoQuikRead_153 - Cliffhangers [Bitcoin's POW #3 - LaurentMT] (Link: https://tinyurl.com/2smz83mv)
• CryptoQuikRead_154 - Electric Money [Bitcoin's POW #4 - LaurentMT] (Link: https://tinyurl.com/3ubr7xfe)
• CryptoQuikRead_158 - Anatomy of Proof of Work [Part 1 - Hugo Nguyen] (Link: https://tinyurl.com/4p3nvfmj)
• CryptoQuikRead_159 - Bitcoin, Chance, and Randomness [Part 2 - Hugo Nguyen] (Link: https://tinyurl.com/trxd5sks)
• Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous] (Link: https://tinyurl.com/5n88rszd)
• CryptoQuikRead_327 - Bitcoin is Worse is Better [gwern] (Link: https://tinyurl.com/2zvncpye)
• HowManyConfs.com (Link: https://howmanyconfs.com/)
• Crypto51.app (Link:https://www.crypto51.app/)
  
  

Host Links

• ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
• ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
• Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Was a recent break-in at a luxurious hotel just a coincidence, or a targeted attack on a Bitcoiner? We should expect that bitcoiners will be targeted. If not by governments, then simply by thieves, scammers, and opportunists. This is something that my brother and I learned very acutely with our trip to Lugano and the Plan B conference, where a man broke into our hotel room presumably to get access to our devices or steal any valuables we may have been traveling with, and we caught him in the act. This episode is a lesson in preparedness, complacency, and hopefully a wake up call to those who think things will be smooth sailing. Don't be one who has to learn the truth the hard way.

When did Noah build the ark? Before the storm.

Host Links

• ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
• ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
• Guy on Instagram (Link: https://www.instagram.com/theguyswann)
• Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
• Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
• ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
  
  

Check out our awesome sponsors!

• Get ⁠5% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)

Trying to BUY BITCOIN?

• River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river)
• Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

Bitcoin Games!

• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Bitcoin Custodial Multisig

• Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp)

Education & HomeSchooling

• Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty)
  
  

"One need not destroy one's enemy. One need only destroy his willingness to engage."
— Sun Tzu

"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

“On April 25, 2018, I anonymously and privately disclosed a critical vulnerability in Bitcoin Cash, one of the world’s most valuable cryptocurrencies…” - Cory Fields Hear the full story in today’s read of Core dev Cory Fields' recount of the events. Check out the full article here:https://medium.com/mit-media-lab-digital-currency-initiative/http-coryfields-com-cash-48a99b85aad4   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Will hundreds of coins flourish?  Will economic thought change completely?  Will it be a force for good or evil? And will Bitcoin even survive? All this and more in the second half of Daniel Jeffries great piece on the Future of Bitcoin! Don't miss his other great article on Hacker Noon, plus the many links and further reading in today's article:https://hackernoon.com/what-will-bitcoin-look-like-in-twenty-years-7e75481a798c   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Will the price increase forever?  Will government currencies be a thing of the past? Will there be a singular, global economy? And how do we make interesting predictions in the first place? All this and more in the first half of Daniel Jeffries great piece on the Future of Bitcoin. Don't miss his other great article on Hacker Noon, plus the many links and further reading in today's article:https://hackernoon.com/what-will-bitcoin-look-like-in-twenty-years-7e75481a798c   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Price prediction is a tricky game, but there is some fundamental analysis that may tell us more about the broad trends. Tuur Demeester looks at retail interest, institutional hesitancy, and Metcalf's law for a current perspective in: "Bitcoin: We Don't Expect New Highs in 2018." Don't forget to applaud+follow+check out the charts and data with the full article:https://medium.com/@tuurdemeester/bitcoin-we-dont-expect-new-highs-in-2018-97e6a7a385f7   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Mises' and Menger’s theories of money provide deep insight, but invariably never attempted to rank the functions of money during its period of establishment. To fill the gap, Fernando Ulrich explains why he believes a Store of Value must arise before a money becomes a Medium of Exchange.Don't forget to clap for the article on Medium and check out the rest of this series:https://medium.com/@Ulrich_98986/why-money-has-value-and-spending-bitcoin-is-senseless-d2390127dc34   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Is ASIC resistance really the panacea that some claim it is?  Will it solve the never ending challenges of a decentralized network?  Or is it just a buzzword used to sell Bitcoin alternatives?  Find out in @StopAndDecrypt's thorough piece on ASIC resistance. Check out the medium page for the links and graphics, plus drop some applause for the excellent work:https://medium.com/@StopAndDecrypt/asic-resistance-is-nothing-but-a-blockchain-buzzword-b91d3d770366 If you would like to hear the referenced article on mining centralization at blog.sia.tech:https://cryptoconomy.podbean.com/e/cryptoquikread_069-the-state-of-cryptocurrency-mining/   Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message