Bitcoin Audible

Today we take a dive into the future of Lightning and one of the amazing developments to make it simpler and more reliable, the new sighash flags referred to as the "Noinput Class." Who better to take us through it than Aaron Van Wirdum & Bitcoin Magazine? Our recent interview with Aaron Van Wirdum, the extraordinary author of this work and 100s more: https://anchor.fm/thecryptoconomy/episodes/CryptoChat_018---Investigating-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e Don't forget to check out the original article for extra clarity on how it works, and of course for the many other great articles at BitcoinMagazine.com: The “Noinput Class”: How a Bitcoin Soft Fork Could Simplify Lightning https://bitcoinmagazine.com/articles/noinput-class-bitcoin-soft-fork-simplify-lightning Miniscript: How Blockstream Engineers Are Making Bitcoin Programming Easy(er) https://bitcoinmagazine.com/articles/miniscript-how-blockstream-engineers-are-making-bitcoin-programming-easyer Other great reading for SigHash Flags and other Bitcoin scripting details: Raghov Sood's Blog post on signature types https://raghavsood.com/blog/2018/06/10/bitcoin-signature-types-sighash Bitcoin.org's Extensive Guide to Transactions https://bitcoin.org/en/transactions-guide#introduction And Lastly don't forget to check out the cool stuff at the Bitcoin Magazine Store: https://store.b.tc/ Thank you so much to our recent patrons! Kirk, Jake, & Crypto Dread!! If you would like to join them and the rest of the awesome crew in the Cryptoconomy telegram, become a patron and support my turning every great piece of Bitcoin & Cryptoconomy literature into the audio version it deserves. patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

The only thing as scarce as Bitcoin, is Time.  Do you value it accordingly?   For today's read we are diving into our first piece from the awesome collection over at Epsilon Theory by Ben Hunt. The Long Now Pt. 1 - Tick Tock Don't forget to check out the other incredible content over at EpsilonTheory.com Other great content mentioned in this Episode: The Bitcoin Survivor's Book List http://thecryptoconomy.com/bitcoin-survivors-book-list/ Rational Optimist (affiliate link) https://www.amazon.com/gp/product/0061452068/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=cryptoconomyl-20&creative=9325&linkCode=as2&creativeASIN=0061452068&linkId=3dc9331a46a005a948035d919adf933c Your Life in Weeks (waitbutwhy.com) https://waitbutwhy.com/2014/05/life-weeks.html Click the link below if you want to help support my work in turning all the best written works in the Cryptoconomy into audio! patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Concluding the “Bitcoin” section of Money, Bitcoin & Time. So many fascinating aspects of Bitcoin covered by author Robert Breedlove in this section including: • A new form of life • The many-sided network effects of Bitcoin • Positive feedback loops • The Minority Rule • The TrustNet & more! “It removes the central banks, macroeconomists, politicians, presidents, dictators and military leaders from monetary policy and payments authorization once and for all.” If you haven't listened to the previous parts of this incredible piece, visit the links below: Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_286---Money--Bitcoin--Time-Part-1---Robert-Breedlove-e52gih Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_287---Money-is-a-Social-Network---Money--Bitcoin--Time-Part-2---Robert-Breedlove-e53ug5 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_288---The-Economic-Nervous-System---Money--Bitcoin---Time-Part-3---Robert-Breedlove-e54u2e Part 4 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_294---The-Simple-Truth-About-Bitcoin---Money--Bitcoin--Time-Part-4---Robert-Breedlove-e5djsh --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Jumping back into Robert Breedlove's great piece with a thorough exploration of Bitcoin as a money, a technology, a network, and a measure of time.   • The Cost and Reward of Proof-of-Work • A Vault Built of Energy • The infinite Hardness of Bitcoin • The Internet of Value • The Bitcoin Social Contract & more! Don't miss the continuation of this excellent piece available on the blog or in PDF at parallaxdigital.io - https://www.parallaxdigital.io/blog If You haven't yet, don't forget to check out the first 3 parts of this incredible piece on the episodes linked below: Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_286---Money--Bitcoin--Time-Part-1---Robert-Breedlove-e52gih Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_287---Money-is-a-Social-Network---Money--Bitcoin--Time-Part-2---Robert-Breedlove-e53ug5 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_288---The-Economic-Nervous-System---Money--Bitcoin---Time-Part-3---Robert-Breedlove-e54u2e Other Great works mentioned on the show for further diving into related topics and exploring Bitcoin: 21 Lessons of the Bitcoin Rabbit Hole [DerGigi] Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_256---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-1-e47u83 Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_257---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-2-e489f9 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_258---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-3-e48kao More on the Fascinating Nature of Proof-of-Work: Proof of Work is Efficient https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_155---POW-is-Efficient-Dan-Held-e2ndpk Bitcoin & the 7th Great Disruption of the Digital Age https://anchor.fm/thecryptoconomy/episodes/GuysTake_021---Bitcoin--the-7th-Great-Disruption-of-the-Digital-Age-e57p9m Anatomy of Proof of Work https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_158---Anatomy-of-Proof-of-Work-Part-1---Hugo-Nguyen-e2ndpg Bitcoin, Chance, and Randomness https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_159---Bitcoin--Chance--and-Randomness-Part-2---Hugo-Nguyen-e2ndpi --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we have a follow up to Nic Carter's excellent piece on Medium, A Most Peaceful Revolution. An incredible article that deserves an exhaustive discussion and easily earns a few ridiculous rants.  What could be better for Guy's Take 23?  Other episodes and works mentioned in the show for a deeper dive: A Most Peaceful Revolution https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293---A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm Anatomy of the State https://mises.org/library/anatomy-state A Cypherpunk's Manifesto https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_163---A-Cypherpunks-Manifesto-e2ndpc The Crypto Anarchist Manifesto https://www.activism.net/cypherpunk/crypto-anarchy.html The Bitcoin Survivor's Book List https://cryptoconomy.life/bitcoin-survivors-book-list/ Bitcoin and the Promise of Independent Property Rights https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_225---Bitcoin--the-Promise-of-Independent-Property-Rights-e3j6b8 Bitcoin Can't Be Copied https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_291---Bitcoin-Cant-Be-Copied-Parker-Lewis-e58g11 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we read a veritable Bitcoin Manifesto on a fundamental truth of Bitcoin's nature, the challenge it proposes to the state, the atrocities it seeks to dismantle, the hubris of alternatives, its promethean origins, the values it codifies, the role its already playing, and its patient unstoppable advancement. Do not miss the audio, followed by tomorrow's commentary (there's simply too much to say in one show), of Nic Carter's,     A Most Peaceful Revolution Drop some highly due applause over at his Medium page and check out the other amazing work he has been putting out: https://medium.com/@nic__carter/a-most-peaceful-revolution-8b63b64c203e Previous episodes of Nic's amazing work: • Media Coverage of Bitcoin is Still a Total Disaster (https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_130---Media-Coverage-of-Bitcoin-is-Still-a-Total-Disaster-e2ndqf) • How to Scale Bitcoin Without Changing a thing [Part 1 & 2] https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_238---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1-e3qgfg https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_239---How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2-e3qsvi • Unpacking Bitcoin's Assurances https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281---Unpacking-Bitcoins-Assurances-e4sn3r • Bitcoin's Existential Crisis https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_181---Bitcoins-Existential-Crisis-e2ndok • How to Critique Bitcoin: A Guide https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_147---How-to-Critique-Bitcoin--A-Guide-e2ndpt • Visions of Bitcoin https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_120---Visions-of-Bitcoin-e2ndqq Become a Patron to support my work and join the Cryptoconomy Telegram Crew!  Every donation helps in turning all of the best writings in Bitcoin and the Cryptoconomy into the audio version they deserve!   www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

• Keys are being abstracted away. • Users will call customer support to restore their coins, but never give up control. • Ownership of a single UTXO will become rare. • On-chain transactions will be used to build networks, more than transfer coins. • Lightning, sidechains, statechains & more will work invisibly behind the curtain. Things are changing fast, and we go through all sorts of great stuff in this show and I attempt to explain some of the technical elements with analogies using cookies. Gonna be a fun one, so don't miss it! Thank you to our newest patron, Maximilian Schmitz!! Join Max in supporting the show & help make every great work about Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, get access to the exclusive Cryptoconomy Crew Telegram!✊ https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

If you were looking for a succinct summation of the philosophy and to understand why we are so avid about using Bitcoin, encrypting our communication, and why we think these things are critical for a better future, this is the episode you're looking for. Beginning with a read of @Dergigi's great piece on the Bull Bitcoin Medium page, "Rise of the Sovereign Individual." Followed by a discussion about what liberty is, why we should be defending it, and what tools we have to truly "install" it on our future. Check out the original article to drop some applause & check out the new Cyphernode project! https://medium.com/bull-bitcoin/the-rise-of-the-sovereign-individual-2201eee82f00 Other works by Der Gigi can be found below: https://dergigi.com/ 21 Lessons of the Bitcoin Rabbit Hole Part 1 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_256---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-1-e47u83 Part 2 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_257---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-2-e489f9 Part 3 - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_258---21-Lessons-of-the-Bitcoin-Rabbit-Hole---Chapter-3-e48kao Proof of Life https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_285---Proof-of-Life-e51lt1 Support the show and help make every great work on Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, become a patron and get access to the exclusive Cryptoconomy Crew Telegram!✊ https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Today we start into the second piece of the "Gradually, Then Suddenly" series by Parker Lewis. Why altcoiners can claim their coin is for something other than money, but it must compete with Bitcoin as money regardless.  Why money will only tend to one. Why copies of Bitcoin are just modern day alchemy. And why toxic maximalism is Bitcoin's greatest strength.  Don't miss a great piece and fun discussion to follow! Bitcoin Can't Be Copied! Check out the original article plus the other great stuff on the blog over at the Unchained Capital blog: https://www.unchained-capital.com/blog/bitcoin-cant-be-copied/ Support the show and help make every great piece shedding light on the incredible impact, the concepts, & the technology of Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, become a patron and get access to the exclusive Cryptoconomy Crew Telegram group!✊ https://www.patreon.com/thecryptoconomy --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea of money in the same way that the internet changed the nature of information.  To understand exactly why, we need to look at the previous major societal disruptions brought about by the Digital age, and we can begin to see where Bitcoin will fit into the big picture. 1) Mail & Connecting 2) Publishing & The Web 3) The Infrastructure Inversion 4) Ecommerce 5) The New Media 6) Collaboration & Crowd Sourcing 7) New Money & Permissionless Finance Don't miss a fun exploration through the history of the internet and the role that Bitcoin will play in establishing ground for a second chapter in the Digital Age! Further Reading/Listening mentioned in the episode: Szabo's essential work, Shelling Out: The Origins of Money (no commentary) https://anchor.fm/thecryptoconomy/episodes/Shelling-Out---The-Origins-of-Money-e2ndom (with commentary) Part 1 Part 2 Part 3 Part 4 The Incredible Iterative Capital Thesis: What's Really Driving the Cryptocurrency Phenomenon https://anchor.fm/thecryptoconomy/episodes/Whats-Really-Driving-the-Cryptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq And numerous excellent books that I've pulled together on the Bitcoin Survivor's Book List: https://cryptoconomy.life/bitcoin-survivors-book-list/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message