The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring... more
December brings with it a return to the glory days of FUD. Blackjack has done the unthinkable, and the 21... more
"Ecash got reintroduced with the two open source projects Fedimint and Cashu. In my opinion, the main reason for this... more
"The payment network has no value if your asset is not desirable. Like this is not, you cannot have this,... more
"There are so many reasons to be interested in peer-to-peer. You can be interested in it for resilience, because there... more
"Ossification is complacency. Yes, we all agree that Bitcoin is great. But _I do not agree_ that Bitcoin has reached its full... more
"Ossification is complacency. Yes, we all agree that Bitcoin is great. But _I do not agree_ that Bitcoin has reached its full... more
"On nostr we have maybe a couple hundred thousand users who are active, but all all those users are holding... more
"Imagine a sports game where different players are motivated by distinct incentives, defenders aiming to pull the ball outside the... more
Guy's Roundtable gets together for another awesome breakdown. Covering all the happenings this month: Trump wins the election, new bitcoin... more
"This is also an interesting case study in how Bitcoin resists duplication. You can create something which looks cosmetically similar... more
"Panic is rising. Bitcoin, the way out of their giant Ponzi scheme, does not want to die, but the survival... more
"Never half-ass two things. Whole-ass one thing."— Ron Swanson Focus. Easily spoken, hard to live by. There are many lessons that... more
"There is no justice in following unjust laws. It's time to come into the light and in the grand tradition of... more
"Once you understand the economic situation of the United States and how they're in a debt spiral, there's only one... more
"How could any financial system avoid being captured by those who already hold the most power and wealth? Won’t it just... more
In this previous episode of Final Settlement, I joined the show to tackle custodial threat vectors and the security challenges... more
"The server owns your data, owns your account, and owns the cryptographic keys used to secure it. That last bit is... more
How will governments respond to the growing threat of decentralized money, and what are the implications for individual freedom and... more
Was a recent break-in at a luxurious hotel just a coincidence, or a targeted attack on a Bitcoiner? We should... more
"The market of bitcoin holders will ultimately expand to be larger than the size of any single country, and direct... more
In a episode of TFTC, I sat down with Marty Bent to break down the reality behind the hurricanes devastating... more
"A victory in revolution doesn’t come free or easy. For Bitcoin to really do what many of us hope it... more
You've likely been fed the narrative that inflation stimulates spending, benefits the economy, and that government expenditures have a profound... more
In this episode originally on THE Bitcoin Podcast, I had an intense and unfiltered conversation with Walker, where we dove... more
"These findings are notable because they demonstrate that even though the strength of the correlation may vary based on the... more
Today we dive back into the Pear universe and catch up on the many recent changes, updates to apps we've... more
It's here! We are back for the second Roundtable!! What do Coinbase and the Blackrock debacle, paper Bitcoin, the difference... more
"Everybody's acting as nothing happened. And in Germany, it was so brutal. We had two lockdowns. Each was 6 and... more
"Stablecoins are acting in a way where they're bottoms up becoming a country. Countries are trying to reason with it,... more
"Sadly, there has been very little in the way of a clear definition of MEV in the context of Bitcoin.... more
"I’m not asking you to fight the Beast of Big Politics, Big Tech and Big Media. Honestly I don’t know how... more
"Sometimes your gut feelings lead you astray—particularly in mathematics, in which one constantly comes across results that seem impossible... There... more
"If we leave Bitcoin as it is, it’s a new money for the 1%. The 1% can absolutely hold their... more
"Using the COLDCARD Mk4 is pretty straightforward. Yet, what goes on under the hood is far from obvious. Technical documentation,... more
Sometimes life will make you feel stuck, it will wear you down and gaslight you into believing you have made... more
"Dark merchants would never use Lightning, right? Because well, you need a node ID, an entity... Versus Ark, you're not... more
"An argument for doing a consensus cleanup soft-fork first, prior to enabling any new opcodes or other features for new... more
"Lightning achieved a many-to-one mapping of transactions to transactions... But creating even a single UTXO per user is, arguably, not good enough.... more
It's Here! Today I am thrilled to introduce the first episode of Guy's Roundtable. I've assembled a group of OG... more
Is the Bitcoin-Dollar theory a path to salvation or destruction for the US currency? Stablecoin issuers have become major buyers... more
"It’s been amazingly freeing because I don’t worry about my investments, mostly because I don’t have very many. I’m on... more
"The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which... more
"The government is more than half of the economy. They control everything.What this new battleground is showing is that in... more
"The Fed, knowingly or not, is basically in charge of the global financial system. They may shout, “We raise rates... more
"The government and the corporate environment so desperately want us to centralize so they can they can have total surveillance... more
"In fact, this is the key feature that re-energized me toward Nostr a second time after my initial experience with... more
"It would be wrong to think of Cypherpunks as a formal group. It's more a gathering of those who share... more
"My thinking is always resilience. How did I make Proton resilient? And the conclusion I came to after thinking about... more
"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with... more
"Historically, what do nations do when they're on a gold standard and they need to fight a war? They just... more
Is Trump's speech at Bitcoin 2024 a sign of genuine support or just typical political pandering? Today we explore the... more
"Something else has to go down in order for something to go up. That's why it is specifically a relative... more
It's time to accept some hard truths. Today we are going to challenge some common assumptions about Bitcoin's scalability, privacy,... more
"I really wanted to screen share stuff with people and make it as easy as possible and I got fed... more
"Only the giant corporations are gonna have this and anybody less than a billion dollars, these won't exist. And that... more
"The former Speaker predicts "The dollar will suffer a major confidence shock” and as a result asks, “What can be... more
"Much like the World Economic Forum’s Young Global Leaders program has facilitated the placement of its trained, ideological allies in... more
"You eliminate 99% of the attack surface to a single moment in time, which is the beginning. And when you... more
"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to... more
"Whatever your setup is for storing the majority of your bitcoin - be it hot or cold, online or offline,... more
"When you have a child, you care more than anyone else about that child. You're caring about their long-term success... more
"Joltz is one company that is actively building the necessary infrastructure to support this interoperability. By developing an SDK that... more
In a world where centralized platforms dominate, can peer-to-peer systems make a comeback? Today we explore the details of P2P... more
This chat episode is a riveting conversation which was originally featured on The Staying Free Podcast with my friend jonnyhodl.I... more
"China’s current ways to censor the Internet are to block connections from IP servers serving content and block protocol-level attempts,... more
"The most powerful thing that Bitcoin did was establish a monetary foundation, a monetary policy that was not alterable through a... more
"The last point is crucial — users can withdraw their Ark funds at any time, even if their ASP goes... more
Is deflation always a bad thing, or have we misunderstood its true impact on the economy? Join me as I... more
"Educating the world about bitcoin has succeeded in building a community of knowledgeable, dedicated, enthusiastic people from the fields of... more
"...that the lives and efforts of other men are not his property and are not there to serve his wishes.... more
"In NRA, the Court addressed a critical issue impacting not only traditional advocacy groups but any disfavored, but legal, industry.... more
What if the future of decentralization lies not just in Bitcoin, but in the convergence of a multitude of different... more
"Fedimint is a scalable self-custodial off-chain programmability layer on top of Bitcoin. It allows for use cases that are difficult, time-consuming,... more
People look around and they see a wasteful world. They see endless, mindless consumption. Increasingly, we see people fearing the... more
Ideas and ways of thinking are much like paths in the wood. When we explore them often they are well... more
"I believe that hole punch stack can be a really good alternative to static IPs. That way, for example, you want... more
"This capability ensures that participants can trust the system's integrity without the need for mutual trust among users. It fundamentally... more
"It is like exercising a veto you hold for anything and everything, and yes, vetoes are important in consensus systems.... more
"The U.S. Government spends in a budgetary deficit, then issues treasuries to pay for the spending, then, at a bigger... more
Today we dive into an amazing chat around the complexities and shifts in law enforcement in a world with Bitcoin,... more
In our inaugural episode of The Pear Report, it only felt right to bring Mafintosh and dmc onto the show... more
"We have the fork wars, we have a culture that understands the importance of nodes and widespread enforcement of a... more
"This is a fancy way of saying that you need money to make markets, and you need decentralized, open, digital... more
"I think Americans are used to seeing people arrested for bullshit technicalities and thrown in jail for long periods of... more
"The Samurai wallet developers have been arrested. The government has responded with their opposition to the motion of dismissal in... more
"The internet assumed NOTHING and it won because it had the basic, robust, open building blocks upon which all the... more
"As we discussed in Entering the Bitcoin Renaissance, our last edition, Lightning Labs CEO and Co-Founder Elizabeth Stark told The Block, “a major... more
"What are we actually about? It's to an extent an open question. It's not like the Cypherpunks knew at all.... more
"I'm a Bitcoin skeptic. I'm not buying Bitcoin in 2024, even if it goes back to its recent all-time highs,... more
"If you care about your...country, read Ludwig von Mises and the six lessons of the Austrian economic school." ~ Renato Moicano With... more
Many people make the serious miscalculation, that if the CPI isn't too high, then printing money isn't a problem and... more
"That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t... more
"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated.... more
"Hedgehog uses relative time locks. So that if they don't have to worry about closing that channel with a relative... more
"It's going up forever, Laura." ~ Michael Saylor I know to many people that sounds crazy, and I can still see in... more
"People that are in the Western world and specifically in the United States, what they're realizing, whether they can say... more
"We know the law is unconstitutional. FinCEN knows the law is unconstitutional. FinCEN knows we know the law is unconstitutional.... more
"You have to decide how to move forward. You have to decide what game you want to play; how much responsibility you... more
Guy Swann and Preston Pysh explore the dramatic shifts in global finance and the pivotal role of Bitcoin amidst rising... more
Fiat money has a collection of malincentives and consequences for the degrading and rotting of society. As we covered in... more
"The mechanisms enforcing this modern censorship are not confined to private sectors or individual platforms but are significantly directed and... more
"As far as I'm concerned, there's no obvious increased danger from the CCP having control over our access or our... more
"In a system that depends on irresponsible government spending (especially for perpetual war) and fiat printing to cover that irresponsibility,... more
"Bitcoin will probably crash again but it is neither a Ponzi scheme nor a bubble – it’s something far worse:... more
"Of all measurement instruments, the clock is the most valuable because so many of the things we sacrifice to create... more
"From an engineering perspective the mechanical clock with its novelty, the escapement, was by far the more important invention. In... more
I'm sure you have heard the claim that without inflation and the good people running the counterfeit machine, people would... more
"Whether you're a rekt crypto bro or a friend of fiat, there is one thing that is especially difficult to... more
"It might feel as if the promised future is perpetually out of reach, but building Lightning is a lot like... more
"Izzy said there could be inflation in a hyperbitcoinized world. And she's right. Calm down, maxis, calm down! Explaining why... more
"I'm super confident that lightning is not just the present but also the future of lightning. It is the interoperability... more
"The foregoing considerations are by no means an exhaustive account of the cultural and spiritual legacy of fiat inflation. But... more
"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC.... more
We had an awesome chat on Twitter Spaces where we discuss the launch of Pear Runtime, bringing Paolo Arduino, Mathias... more
"For too long, the world has had to endure the fallout of subpar academic research on bitcoin mining’s energy use... more
"NWC is useful for far more than simply integrating Lightning into Nostr applications as well. The entire design philosophy of... more
The main promise of quantum computing is the ability to solve problems far faster than classical computers, but exactly how... more
"One of the amazing things about the internet economy is how different the list of top internet properties today looks... more
"Bitcoin wastes energy. You've heard it a million times. But what if its the exact opposite of the truth in... more
"One night during my visit to Bondo, Carl asked me to pause as the sunset was fading, to look at... more
"To put it simply, there are now corporations with billions of dollars of investment in not just the asset, but... more
In today's chat we dive into destroying economic myths and unraveling the political divides of our time toward what future... more
"Bitcoin enables perhaps the most powerful mode of ownership ever devised; it would be akin to gold inside a safe... more
"Retrospectively, a lot of ex-DigiCash employees understand why Chaum was so paranoid. As a cryptographer you have to assume the... more
Sometimes in life and the course of history, there are moments where simply stating the truth, in a clear and... more
"I hope Bitcoin sticks around and grows more popular, but in its current form to most in #TradFi it is... more
"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel,... more
There are a lot of speculation, claims, predictions, and accusations around the successes and faults of the Lightning Network. But... more
The legacy financial system has arrived. One January 10th, numerous Bitcoin ETFs were approved. But is this even a good... more
" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not... more
"The computers used to create valuable new Bitcoin tokens and validate transactions consume around the same amount of energy as... more
"Bitcoin appears to be a decentralized Ponzi scheme not a decentralized currency. People don't spend it because they want it... more
"Since 2017, bitcoin has been Stone Ridge’s treasury reserve asset because of my extreme aversion to risk. We run net... more
"This decision, which is legally sound, has the effect of declaring all private mortgages on real and personal property, and... more
“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short... more
"We’re less than a year from another halving, awaiting systemic implications from federal regulation and institutional adoption, standing at the... more
"You’re a thirsty bitch. You like to gargle Peter’s balls." ~ DeaterBob Merry Christmas! In this reboot episode, we revisit the... more
"There is a Remnant there that you know nothing about. They are obscure, unorganized, inarticulate, each one rubbing along as... more
"You got to go from proto banking to full service banking and then to central banking and you know interconnected... more
"Regulators will continue coming down on those custodians, making more demands for information, more demands on restrictions for what users... more
In this episode I dive into the ongoing shift from closed systems to open, permissionless digital realms, drawing parallels to... more
"I’ve done an overall analysis of the proposal by addressing seven different sections of where FinCEN is attempting to infringe... more
"Nothing in the ordinal logic requires inscriptions to be linked to the “first” sat. So why is it the first... more
The principle that one should help men in an emergency cannot be extended to regard all human suffering as an... more
"Many people insist that governments aren't involved in censorship, but they are. And now, a whistleblower has come forward with... more
"A reality check on the limitations of Lightning Network, and what that means in terms of its long term viability.... more
The free market works because economic decisions are made by people who have skin in the game. When you spend... more
Nodeless is dead. Long live Nodeless. Unfortunately the Nodeless payment service has had to shut down, but for anyone who... more
"Clients applying this reasoning should remember that, in bitcoin, no one is too big to fail. There is no government... more
"A recent anonymous proposal specifies a system using timelocked Bitcoin transactions and chaumian ecash mints to create an economic incentive... more
"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in... more
The election of Javier Milei is unlikely the be the next El Salvador, but I don't think it needs to... more
"The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream... more
"Ultimately, my goal with Coinos is to make Bitcoin a super simple user interface for "normies" to be able to... more
Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't... more
"Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are... more
LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of... more
"We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for... more
It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain...... more
"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not... more
"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the... more
We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important,... more
"After four years of work, James O'Beirne's assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is... more
"There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment... more
"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being... more
I hope you listened to the recent read by Beautyon, Bitcoin and Software Reliability, because today we continue our FUD... more
Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in decentralising... more
"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended... more
"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as... more
In this episode, I talked with Zack ₿omsta, the visionary leader behind Pivotal Pleb. Pivotal Pleb is on a mission... more
"Today historians focus on the symptoms of Rome’s fall, the consequences: The moral decay, the economic decline, the fall in... more
"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction... more
"Take the idea of proof-of-stake as a base layer consensus mechanism, and throw the idea away for right now. That's... more
"This has been one of the most effective psychological operations that has ever been conducted on the public in human... more
Today we sit down with Utxo, founder of Nodeless, on understanding the design space for Bitcoin services, the challenges of... more
"It means that, given an open-source model, this could help bring about the ability to: Independently calculate the price... more
A deflationary money is going to destroy the economy! If the value of money keeps going up, then no one... more
"Everything about the concept of a social network and the incredible potential and beauty of #nostr as a protocol is... more
"When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definition) of... more
"I believe it’s important to go back to what this sovereignty is made of. Bitcoin works because an economic majority... more
"To not die, Bitcoin must become more used. The current thesis accepted by most “maximalists” is that Bitcoin will continue... more
"Often overlooked is the importance of interoperability between not only the second-layer protocol and Bitcoin but the layer-2 protocols themselves.... more
"When reading a draft of this post, my wife got kind of depressed right around here. Her macabre question, basically,... more
"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to... more
"While bitcoin is still mainly seen as digital currency, it’s essentially a timestamped log with special properties. As such, it... more
With so many common misconceptions about money, how can we possibly make sense of Bitcoin for customers who have spent... more
"A successful blind merge mined sidechain with significant MEV opportunities could offer Bitcoin significant benefits, which could more than offset... more
We have an incredible chat today with Pablof7z who is on a mission to make Nostr the global, decentralized marketplace.... more
"Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more... more
"Bitcoin is often referred to as a secure timestamping service. We never had a global record of truth with trustworthy... more
"Often overlooked is the importance of interoperability between not only the second-layer protocol and Bitcoin but the layer-2 protocols themselves. A second... more