Binance, the world’s leading cryptocurrency exchange, via its Binance Masterclass education series, plans to equip up to 1000 African blockchain developers with the right tools and skills to build their first DApps on the Binance Smart Chain (BSC) network within the first quarter of 2021.

From January 31, 2021, beginning with a two-hour Binance Masterclass – Developers’ Edition on ‘Careers in Blockchain Technology’, Binance CEO, Changpeng Zhao (CZ) will introduce the program. The Binance Smart Chain (BSC) and Binance Africa teams will host an 8-week program under the theme Rebuilding Financial Systems on Blockchain.

The BSC and Binance Africa teams aim to show the multitude of career options in the crypto and blockchain space – beyond crypto trading. The program will be coordinated by crypto industry thought leaders from ChainIDE, Xend, Bundle, as well as the BSC team.

Location: Zoom (first 1000 attendees) & YouTube Date and Time: 31st January 2021, 4pm WAT, 5pm SAST, 6pm EAT Register now at: https://www.binance.com/en/event/masterclass_jan

The Binance Masterclass series is an ongoing monthly FREE crypto education webinar hosted by the Binance Africa team. In 2020, Binance Africa successfully educated over 70,000 Africans about crypto fundamentals, practical tutorials on how to set up an account – and buy & sell crypto, technical analysis and crypto trading.

As of December 2020, the Binance Africa team has organized more than 400+ free events in 2020, getting attendees across 40+ countries (mostly African) online and offline.

Binance continues to expand its crypto education efforts on the continent in 2021, starting with the Binance Masterclass – Developers‘ Edition: ‘Careers in Blockchain Technology’.

In addition to Binance CEO’s keynote speech, this edition of Binance Masterclass will include two key sessions: Careers in Blockchain Technology (led by Chuta Chimezie), and Becoming a Blockchain Developer (led by BSC team lead).

The masterclass on January 31 aims to increase product awareness for blockchain development within Africa using BSC.

Attendees will: Acquire high income development skills; Learn blockchain development with Binance for FREE; Receive a certificate of participation issued on BSC (for those that complete the 8-weeks course)

Binance Masterclass will also be giving away $1000 worth of crypto during the event.

The 8-week program on Rebuilding Financial systems on Blockchain begins on February 1st. The schedule below:

Week 1: Blockchain: Technology, Innovation, and Thinking

A brief conception of blockchain; History with blockchain (whitepaper\1.0); Possible future of blockchain

(Speaker: Xiao Wu – CEO, WhiteMatrix).

Week 2: Financial Service and Cryptocurrency On Blockchain

Overview of cryptocurrencies; Overview of traditional financial services; Impact of crypto on financial services.

(Speaker: Samy K – Ecosystem Development, BSC)

Week 3: Dapp development with ChainIDE

Make an introduction about Chainide, about the feature and function; Bring engineers go through with the whole process of compile\deploy\interaction.

(Speaker: Tim Zhang – CTO, WhiteMatrix)

Week 4: How solidity works in a smart contract?

Make an introduction of smart contracts and talk about the internal connection with block chain; Introduce the smart contract programming language – solidity (ie. Solidity Grammar/ function/.sol file structure/memory storage).

(Speaker: Prophet – Community Supervisor, WhiteMatrix)

Week 5: What is DeFi? Make one yourself

Make a definition of DeFi. How is it different from traditional finance? Are there any advantages?; Take a few look at DeFi projects, like Uniswap/AAVE/YFI, etc.; What will we build? A system includes staking and reward.

Week 6: Let’s follow DeFi to go further

How to use another contract in the smart contract? The implementation of staking and rewarding; What else can we do? (Lending/ Aggregator).

Week 7: Interact with a smart contract by yourself, from start to finish

How to use the program to interact with the contract? The relationship between react and Javascript (The related links will list pre-class information. About the JS grammer and react rules); Display an example about how to build a simple website that can react with deployed smart contracts.

Week 8: DeFi Case Study/Inside out

Panel: How to build a successful DeFi project?

(Speaker: Ugochukwu Aronu – CEO, Xend; Yele Bademosi – CEO, Bundle)

Week 9 (Optional): Frontier blockchain technology outlook

Demo Show

Pick 5 best projects from Masterclass students for a demo. Every team has 15 minutes to present their idea.

My Pawa won me over ₦20 Million on betPawa, a call from Mr Eazi

HERO MOTOCORP surpasses monumental 100 million cumulative production milestone

Muhammad Sanusi II SDG Challenge announces top 10 finalists, to support educational projects

MAX.ng: A review of 2020, an insight into 2021

Nigerian Senator, Ifeanyi Uba commends J&B Cable founder, Chief Onwuatu for community development efforts

The Muhammad Sanusi II Sustainable Development Goals Challenge (MSII SDG Challenge) is a project committed to empowering highly competent and enterprising education change makers who are taking action to develop learning outcomes in their communities; especially for girls and women.

Last year, following the announcement of the MSII SDG Challenge, which is in partnership with 1 Million Teachers (1MT) – a social enterprise that provides access to high-quality teacher education to underserved communities around the world, over 225 applications with 902 team members from 9 countries within Sub-Saharan Africa were received.

After a thorough review process – the highly awaited top 10 finalists which form Cohort 1 of the challenge were announced and onboarded earlier this January 2021.

With its stated objective to fuel innovation, inspire, and catalyze innovative community development activities that support the achievement of the SDGs, particularly quality education and gender equality – The MSII SDG challenge aims to support the educational projects of the selected changemakers which cut across various communities in Africa.

The 10 finalists were selected based on the inventiveness and originality of their ideas. They are; Jane Chikapa (Bloomers Learning Initiative), Mahfuz Alabidun (Inmates Educational Foundation), Anita Nchat Kevin (Amina Dyslexia Center), Olufemi Folaponmile (Learning To Learn), Adejoh Idoko (Girls For Tech Innovators Competition), Rasheedat Sadiq (The Reading Room), Olusegun Ilori (Unusual School), Yemisi Jetoluwa (The Workbook), Ajibola Mujidat Oladejo (SEIS/Susty Ed), Habiba Abdul Rabiu (The Arty Makers).

The finalists will each receive a five hundred dollar grant which will be used to fund their individual educational project, with a goal of incubating and scaling up 150 projects over the next 10 years.

Giving the keynote speech during the virtual orientation program, Muhammad Sanusi II, UN SDG Advocate and Chairman, Board of 1Million Teachers, emphasized that the importance of the challenge was to implement the core of the 2030 Agenda for Sustainable Development Goal 4 (achieve gender equality and empower all women and girls) and SDG 5 (achieve gender equality and empower all women and girls)

“I’m very delighted to receive our 10 cohorts who are the winners of the SDG challenge. The 10 of you are part of history by taking action to solve very crucial gaps in the educational system in Africa. Through the 1MT initiative; our objective to provide equitable and gender-responsive education through innovative solutions is one step closer to becoming a reality.

“This dynamic selection of these awardees is evidence that the implementation of SDG 4 and 5 in Africa is attainable. I would like to encourage you to take an active part in the structured programs we have planned for you and optimize all the opportunities we will be providing.” Sanusi said.

Other speakers were Shari Hughson – HH MSII SDG Trustee, Director of Masters in Innovation and Entrepreneurship Program at Smith School of Business, Queen’s University, Kingston Canada; Prof Jane Chin – HH MSII Trustee, representing the Faculty of Education at Queen’s University; Dipo Faulkner, General Manager IBM West Africa; Prof Nomunua MNgoma, 1MT Lead researcher; Andrew Nevin, Partner, PWC West Africa, and Chief Economist of PWC Nigeria; Andrew Moss, Coach and Advisor, Master of Management Innovation & Entrepreneurship.

One of the finalists from Malawi, Jane Chikapa, spoke about her project, Bloomers Learning Initiative: “The problem being solved is lack of literacy skills. According to the UNESCO Institute of statistics, Malawi has an adult literacy rate of 62.14%, (69.7% males and 55.2% females), 130 in ranking in comparison with other countries.

“The goal of Bloomers learning initiative is to enhance reading and writing among 500 primary and secondary school students, vulnerable, exposed to illiteracy, recurrent COVID-19 educational shocks; through physical and online learning by 2021 in Malawi. We want to directly impact 500 people, (150) boys and (350) girls by 2022.”

Were reckless driving and road accidents what came to mind when you heard the word, “motorcycle” before 2015? Perhaps your mind may have additionally conjured up unkempt-looking motorcyclists driving like they had nine lives to this list. Yeah, quite the throwback right?

This not-so-pretty narrative is what on-demand mobility startup, MAX NG has been determined to change in the sub-saharan transportation scene since its inception in 2015.

This is evidently why today, if a person thought of “motorcycle”, words like logistics, mobile app, cool bikes, and faster transportation would easily make it to top 10 on the list. A definite growth scale on both the perception and reality of commercial motorcycles in Nigeria and Africa.

MAX NG has since its inception, put together resources into making transportation of people and goods easier, more efficient, safer, and innovative for Nigerians and Africans. Has this worked? How has the journey been so far? Is there more to be done in the transportation industry of Africa? What could this on-demand mobility company be up to recently? This article provides answers.

WHAT 2020 LOOKED LIKE FOR MAX NG

For companies globally, the word, “sudden” and “change” might well summarize a major part of the year 2020. The coronavirus pandemic took a lot of businesses by surprise and MAX NG was no exception.

“2020 was quite an eventful year for MAX NG”, Tayo Bamiduro, Co-Founder of MAX NG summarized. The on-demand mobility startup kicked off the year strong but faced headwinds when, in Q1, a ban of okadas (motorcycles) was issued in Lagos, their biggest market at the time.

The firm focused on other areas of operations such as logistics in Lagos. Before fully recovering from the blow of the ban, COVID struck and the country had to shut down. The nature of the virus, and the lockdown regulation meant the start up could no longer cater to the needs of persons needing in-person transportation services. But the logistics arm carried on.

Further to this, towards the end of Q2, MAX NG doubled down on accelerating its presence in other cities where they were already available, especially in cities like Ibadan (where operations had kicked off in February of 2020), Kano, and Akure – where the tech start-up deployed a lot of drivers. In addition to this, MAX NG drove hard on its electricity mobility project.

By Q3, the start-up was gradually navigating its way to pre-pandemic levels. MAX NG successfully closed a bond program which would help provide the financing drivers would need to maintain their vehicles – one of a kind initiative for the transportation scene in Nigeria.

By Q4, the country was rocked with activities of the #ENDSARS movement and protests. On its part, the MAX team continued to improve on safety, enabling its drivers, scaling up partnerships with state governments in south-western Nigeria on formalizing and digitizing public transportation.

FUND-RAISING PARTNERSHIP WITH DLM

Explaining why MAX NG partnered with DLM on the fund-raising project, Bamiduro said: “For any business, access to credit or funding is very critical for any government as well especially when driving development agenda or objectives. Whether it is traders or transport operators. Credit is a very scarce commodity to come up with in a country like Nigeria especially for persons without assets or collateral, land etc.

“This project is one of it’s kind as it allows informal operators to gain access to high-quality brand new vehicles without coming up with any collateral. This marks a significant achievement in providing access to under-served communities by creating that bridge they need to start generating income for themselves. This is the most exciting part of this project.”

On the strategy deployed in the fund-raising partnership, Bamiduro continued: “We went about this partnership in a creative way; we partnered with DLM, Shell and a bunch of other investors. These investors looked at MAX NG’s track record over the last 3 to 5 years to understand how we operate, the technologies we’ve built, and the systems we’ve created to allow us to be able to take this kind of risk.”

Once the start-up deployed this strategy, they were confident of creating a trustworthy business which could allow informal transport operators access vehicles without any form of collateral – a significant milestone for MQX NG in terms of pushing forward the agenda of extending access to credit and funding to people who otherwise would never have had access to such.

TECHNOLOGIES AND INNOVATIONS BUILT BY MAX NG

In terms of the roles that technology plays in the transport sector, MAX NG has built a number of elaborate technologies. The first is the digital market links connecting drivers to commuters in real time, as well as anyone needing access to transportation and delivery. This technology enables persons to get their transportation needs met at the click of a button, hence, providing commuters access to move around with safe drivers,

The second category of technology deals with capture such as the speed and distance covered. This enables the start-up to ensure that maintenance routines are carried out properly, drivers aren’t breaking speed limits, vehicles are being used the right way, and the life-time of the assets are being prolonged.

MAX NG has also deployed technology to keep vehicles and customers safe. The technology around digital payment was designed to ease the flow of money from customers to drivers, and to financing partners. This transparent gateway ensures transparency, zero wastage, and full accountability for every single transaction carried out on the MAX NG platform.

The third category is the bespoke electric motorcycles specifically designed for Nigeria and Africa. This took the tech mobility start-up 2 years to achieve and the company is proud to unveil the M3 – a state-of-the-art electric motorcycle designed for both private and commercial use in sub-saharan Africa.

WHAT DOES 2021 LOOK LIKE FOR MAX NG?

2021 for MAX NG will be driven by expanding on already existing products and technologies. Nigerians and other Africans should expect exciting news, anticipate new cities where MAX NG services will be launched, new products, as well as new scale-up in terms of people empowered by the platform.

There will be more MAX NG partnerships, with local and foreign governments, on transportation space transformation, new products, fund-raising and MAX NG impact in Africa.

Bamiduro added: “One of the key things MAX NG prides itself in is our people because everything we achieve is made possible by the people. A very critical aspect of our next phase is giving our people a lot more opportunities to continue to deliver at scale and also bringing onboard people who are excited about transportation and mobility in Nigeria, who’d love to achieve the impossible, do extraordinary things in the development of transportation of Nigeria and Africa. If you’re a genius out there, interested in transforming mobility in Africa, we’d love to talk to you.”

Visit MAX NG now – https://max.ng/

Covid-19 is providing enormous challenges but also new opportunities to rethink collaborations involving different service providers to achieve end-to-end services involving different participants. This is Part II of the 2-part article on Covid-19. Part I touched upon the need for anti-fragility in the Enterprise-In-Motion as well as the emergence of virtuality at work, education, entertainment, and perhaps most importantly, social interactions. These are cultural trends whose impact will be carried for many years to come. Here we focus on several technology trends that are also going to substantively impact industries such as healthcare and manufacturing; public sector services; and society in general. The combination of the cultural (Part I) and technological (Part II) innovations is a pivot that will launch transformative initiatives for the benefit of all. The post-Covid-19 world will be quite different. That will be a good and positive outcome of this otherwise destructive pandemic. It will be up to us to leverage this unique opportunity that could be the start of new applications of technology that are innovative and transformative for many industry sectors: supply chain, healthcare, manufacturing, public sector services, and many more. We shall see several pragmatic examples of applications to show how these technologies are already addressing the many challenges of Covid-19. Of all the technologies that are being revamped and revitalized in the Covid-19 era is additive manufacturing, which is also known as 3D printing. As the name suggests, 3D physical objects are produced additively – layer by layer – from different materials. Affordable and more robust 3D printing is now commonly used in manufacturing. Additive Manufacturing is typically for lower volumes. It can be and has been used both innovations, prototyping, and production of parts very cost-effectively.   Robustness in 3D printing could potentially disrupt large manufacturing operations.  In the Covid-19 era, companies rely on the timely supply of material or 3D components to produce, especially healthcare components and devices. The pandemic caused interruptions in supply chains and put an unprecedented strain on especially the healthcare systems. For instance, Italy was one of the most impacted countries in Europe. Coronavirus caused a surge in the number of people who need oxygenation to survive. A startup company Isinnova  3D printed respirator valves and saved many lives. Originally, the 3D printer was brought directly in the hospital and was operational within a few hours. There are many other examples of 3D printed products, especially healthcare components that are critical in fighting the pandemic. Millions of healthcare devices have been 3D printed to address demands for masks and other equipment. As another example, Prusa Research printed and donated 100,00 face masks to the Czech government. They also shared the design with the community. The sharing of designs and best practices is a requirement for the even wider adoption of 3D printing – often on-site, such as hospitals. Now there are some risks, as often the regulatory compliance and safety are sidestepped for expediency and fulfilling immediate demands. The following caution from the NIH website is on point: “While many devices can be printed with a 3D printer at home or your local Maker space, the NIH, FDA, VA, America Makes, and the contributing creators cannot ensure the quality, safety, and efficacy of these designs when manufactured without proper quality controls and processes.” The web site is a 3D printing exchange that promotes the sharing of models and designs with many resources, partnerships, and contributions to promote the printing of models that are “scientifically accurate or medically applicable.” It is good to review some of the core characteristics of Blockchains to elucidate why they fit and address Covid-19 challenges. First and foremost, a Blockchain is a master information repository that is shared across organizations. Organizations participating in the value chain to achieve a particular purpose – for instance, deliver goods on a supply chain – can each modify or add transactions to the Blockchain. The other important characteristic of Blockchain is the fact that it is secure and “trustless.” This term is a bit confusing. What it means is that the parties engaged in the Blockchain have a healthy dose of mistrust towards each other, but they can rely on the algorithms and the technology of the Blockchain to make sure the shared transactions (the “truth”) on the Blockchain is reliable. Well, as it turns out, using Blockchain effectively and focusing on the value chain – after all, Blockchain realizes the “Internet of Value” – it might be one of the best technologies directly addressing several key pandemic challenges. The Blockchain Research Institute has identified several compelling use cases of Blockchain in a pandemic. These include Self-sovereign Identity, Data Sharing, Just-in-time supply chain, and Rapid Response Registry for the Workforce. The notion of “self-sovereign” identity is quite interesting. The report describes it as an “inalienable digital identity, one that is neither bestowed nor revocable by any central administrator and is enforceable in any context, in-person and online, anywhere in the world.” Identity through Blockchain balancing unique identification, enforceability with privacy protection from central authorities is a compelling but difficult use case. We highlight some of the more pragmatic potential applications of Blockchain pandemic use cases. Mobile, Additive, and Social Manufacturing: As mentioned above, participating in end-to-end production with 3D printing, together with social and additive manufacturing. Blockchain can be used for the exchange of components, payments, and tracking in the supply chain. Blockchain is the foundation of cryptocurrencies. There are potential opportunities for trading with Blockchain. One such pragmatic example is the trading reconciliation and delivery of trades among several companies. Blockchain can provide unprecedented accessibility and transparency of different documents (regulatory, engineering, maintenance, supply, contractual, etc.) between various participants of end-to-end Valuechains. Supply Chain Traceability – Supply chain is one of the most robust applications of blockchain – as value and tracking can be traced on immutable ledgers across enterprises in potentially different countries.  Traceability for manufacturing parts – in conjunction with IoT and AI – can potentially address challenges of supply chain vulnerabilities, especially during disasters such as pandemics. More importantly, for food supply chains, traceability becomes critical and lifesaving. There are promising proposals and ideas. For instance, IBM is commissioned by Food Safety and Inspection Service (FSIS) to develop a proof of concept with Blockchain for food supply chain traceability. The following illustrates the traceability of the food supply chain from farmers to consumers. Source: Sciencedirect Servicing and Operations: Provisioning the best field service technicians and continuous monitoring for optimizations can leverage blockchain – for smart contracts, payments, and recording of operational work on the decentralized ledger. Blockchain also promotes alternative flat organizational patterns for servicing and operations.  Applications built on blockchain can allow organizations to execute smart decisions (via smart contracts executing on the blockchain) such as proposals, recommendations, asset allocations, votes, etc. These can involve servicing employees as well as partners and even customers across multiple organizations. Contact Tracing and Health Management is a robust use case for Blockchain. The readily available and consistent identity and potentially health records on the Blockchain available to different respondents and health organizations is a very compelling use case for Blockchain. For example, UAE is an early adopter of innovative technologies, and it has adopted Blockchain for government services – including healthcare, especially to fight Covid-19. Now there have also been interesting advances leveraging Blockchain in conjunction with surveillance technology elsewhere, especially China.  The UAE plans to have 50% of government transactions on the Blockchain by 2021! Blockchain has a lot of synergy with IoT – the Internet of Things. The post-Covid-19 world will be both increasingly decentralized as well as optimally connected. In addition to Blockchain traceability, there are also creative and innovative solutions leveraging connected devices to connected entities: from supply chain goods, vehicles, homes, and people. IoT has many applications for the challenges emanating from the disruptions in Supply Chain, Manufacturing, Public Sector services, and, most importantly, Healthcare.  The Covid-19 pandemic exposed the vulnerability of both the private and public sectors in managing assets. There are still products – such as hand sanitizers of Webcams – that are either difficult to find or expensive. With IoT, the assets could be the manufactured goods, or the assets can be the connected devices themselves. They could be simple devices with low energy and communication bandwidth capabilities that need a more sophisticated gateway to connect to the Cloud. In the context of the Industrial Internet, powerful connected devices have on-board computing capabilities that allow them to process data at the edges and connect to the Cloud through WiFi or 5G connections. Alternatively, for manufactured goods, RFID could be attached and embedded in the packaging of the goods – for instance, in transportation with containers.  Service levels of assets – often parts in supply chain applications – could be critical.  This relates to the previous business value proposition. The opportunities for addressing Covid-19 challenges pertain to tracking people’s movements, provisioning, and delivery of supplies: In the Covid-19 era, Healthcare services, as well as inventory management of connected Healthcare devices, are lifesaving. There is even a term for it Internet of Medical Thing (IoMT), and you can read about how it is transforming healthcare here. Let us look at a couple of IoMT examples specifically for Covid-19. Kinsa is using data collected from their network of connected thermometers to track the pandemic – focusing in their case on fever levels. Fever is considered one of the leading indicators of Covid-19 infection. Kinsa has millions of connected thermometer consumers and is collaborating with local governments and health authorities – as temperature screening remains critical for avoiding the spread of Covid-19.  The temperature data of the connected thermometer is aggregated anonymously and is displayed per county (illustrated for Middlesex County, where I live). Another compelling use case for IoT in healthcare comes from Sensital that provides an intelligent IoT platform.  The iBOTics IoT platform provides a robust framework for remote health monitoring. The sensors can monitor multiple health indicators and allow the healthcare respondents to provide customized and holistic healthcare to many patients. Addressing the needs of healthcare service providers is also critical: “As we have learned the hard way with the COVID pandemic, that not only patients but also service providers are at a health risk. Therefore, there is a need to look at this idea of social distancing in a holistic way.”  Robots and automation have already been impacting many industries from Manufacturing to Healthcare, to energy, to public sector, and much more. The post-Covid-19 era will see an increase in robotics and automation. In all sectors. For instance, Amazon warehouses in the US and Europe had employees who tested positive for the virus. The presence of robots in Industry 4.0 manufacturing floors, distribution, warehousing, and logistics is going to not only increase but accelerate. The real value and transformation come through orchestrating automated activities and tasks potentially involving various participants who could be individuals, robots, organizations, or even countries. Value-Stream-As-A-Service (VSaaS) is a new model for collaboration involving multiple enterprises or business units. Each enterprise or its specific business unit will bring the required capability. They can come in to participate or opt-out. VSaaS supports capability “plug-ins” as participants in collaborative Value Streams. Thus, VSaaS supports collaborations between various capabilities of businesses across multiple enterprises. Here are three compelling dimensions of how Covid-19 compels and accelerates the VSaaS model: Covid-19 is providing enormous challenges but also new opportunities to rethink collaborations involving different service providers to achieve end-to-end services involving different participants. It will take a while but potentially a new Cloud model – VSaaS could emerge. VSaaS will provide unprecedented visibility involving multiple partnering enterprises and accomplish their shared objectives in an optimal, collaborative manner.

BiKi.com Makes a Splash at Consensus Singapore: Invest Asia 2019 13th September 2019, Singapore 5 min readFast-growing crypto exchange made sure its presence was felt at the recent , part of the signature event series by .The two-day event saw thousands of global attendees from across the blockchain and crypto industries, offering plentiful networking opportunities. BiKi attracted a lot of industry attention and the team was able to secure promising upcoming projects as well as partnerships from the consistent turnout at the BiKi booth.BiKi also made a huge splash organizing the biggest blockchain after-party of the week, held at Singapores landmark rooftop bar destination, commanding iconic views of the stunning Marina Bay cityscape. Opening to an hour-long queue, the event was packed with more than 500 guests throughout the evening, with industry specialists from all around the world. Together with partners , and , the founding and executive team of BiKi welcomed the dynamic party-goers from the industry.Du Jun, founding partner of Node Capital and stated, Im gratified to see that BiKi has now entrenched itself firmly in Singapore and is expanding its network and capabilities in the robust Singapore economic landscape. It is my wish to see the Singapore government and institutions learning more about blockchain technology and grasping the advantages of implementing this technology as it can truly bring about a high level efficiency, not to mention sheer convenience in our daily lives. I look forward to seeing the government and ministries supporting this immensely valuable technology and industry.Speaking on the , founder of BiKi.com, Winter said, The industry is still immature and a defined infrastructure has not yet been laid down. I believe BiKi has a chance to become a part of that industry infrastructure and have a hand in writing the rulebook. The next year will see us expending our energy and resources towards implementing our globalization initiatives. We warmly welcome all who wish to sincerely cooperate with us and take the necessary steps to drive this industry progression further forward. Southeast Asia CEO, Ethan elaborated, Today we saw BiKi and Chainup organizing the biggest blockchain party at Singapore Consensus Week. We are delighted we have been able to generate so much industry buzz and excitement around our young exchange and would like to highlight that at BiKi, we choose to surround ourselves with high quality networks and resources. As we proceed next to London, then to Korea Blockchain Week, followed by Delta Summit, Devcon in Japan, Malta AI Summit, Blockchain Life in Moscow, and finally return to Blockchain Week in Singapore with the Coinmarketcap Conference, then Blockshow and Singapore Fintech Festival, we will be attending the best global conventions for the remaining months of the year and welcome our friends and networks to join us on this trip and enjoy the with us as we continue to highlight the importance of community and creating quality networks and resources. Stay tuned!Founder of FBG Capital, which is under , Vincent Zhou chimed in, BiKis growth in the past year has been tremendous, certainly a leading exchange in China and Asia. Their operations team is very active and we are happy to partner with BiKi today for such a spectacular event with so many guests. We look forward to seeing BiKis continued growth and for more opportunities to collaborate with such a dynamic organization.BiKi x ChainUP Private Yacht Party: Exchange the Future II The after-party was followed the next day by an exclusive yacht party themed Exchange the Future II, organized for the top 50 leaders and influencers in the space. Hosted by BiKi and Chainup, the yacht event was attended by CEOs from esteemed blockchain VCs and projects like Node Capital, Chain Partners and Jetcoin, as well as press from Coindesk and Bitcoin Magazine. Hailing from more than 10 different countries such as Singapore, Korea, Japan, Thailand, Vietnam, India and the western markets, the yacht party invitees gathered to discuss the latest blockchain developments whilst enjoying a mid-autumn festival celebration amidst the scenic yacht views.Needless to say, more forged partnerships and deals can be expected from the intense networking at Singapore Consensus Week and certainly more upcoming news from the young exchange as it continues in its .About BiKi.com Headquartered in Singapore, is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 220 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.Company Contact: Chang Jie Lin, +6594556702Media Contact: Cecilia Wong, yourPRstrategist+6591826605Altcoin MagazineThe latest Tweets from Altcoin Magazine (@Alt__Magazine). The best darn place to read and write about crypto andtwitter.com

The Crypto Reporter™ • Blockchain & Cryptocurrency Industry NewsCoinSpeaker Long-anticipated Maya Preferred 223 (MAPR) Token Listed on FatBTCMaya Preferred 223 (MAPR), a state of the art ERC-23 token, is now available at FatBTC, a centralized crypto exchange. According to the official Twitter account of the exchange, buy orders are now live for the MARP/BTC trading pair. The trading itself starts on March 21st, at 10:00 (UTC+8).Dear FatBTC users, Maya Preferred 233(MAPR) @maya_preferred is now available on FatBTC. Supported trading pair is MAPR/BTC. More information: https://t.co/bPxrbhsobq pic.twitter.com/koGYeqEvFBAfter this news had been shared by the official Twitter account of the project, James Dahlke, CEO of Maya Preferred, stated:“Our team is very proud of Maya Preferred’s first listing. We couldn’t have found a better place than FatBTC, one of the most reputable and reliable crypto exchanges. We’ve taken the first step towards becoming a global player in the crypto market, and the team is very enthusiastic about it. I believe that Maya Preferred is a solution for those who want to get advantages from both the crypto and fiat economies at the same time. Stay tuned, we’ve got plenty of important and interesting updates on the way”.Maya Preferred is the first ERC-23 token, backed with approximately $18,500 worth of gold and silver. It is anticipated to become the cheapest and most preferred global method of payment, operating as a mediator between the conventional finance system and the blockchain-based economy.The ecosystem of Maya Preferred is expected to include (but not be limited to) ATMs worldwide (target 10,000), cryptocurrency exchanges, security companies, bank accounts, payment systems, payment cards, and an OTC trading desk.The basement of the economic paradigm for 250 million created tokens is precious metals assets based in Mexico. Maya Preferred is supported by seven gold and silver mines located in three Mexican states: Santiago Apóstol (Guerrero), Mina Del Oro, Mina Ampl. Del Oro, Mina CR (all Sonora), Mina La Guadalupe, Mina La Guadalupe II, Mina Granos De Oro and Mina la Fortuna (all Jalisco) mines.FatBTC is a centralized cryptocurrency exchange located in Seychelles. It currently has a 24-hour trading volume of $103,126.69 from 56 coins and 102 trading pairs. FatBTC was established in 2014 and is currently on CoinMarketCap’s top 100 cryptocurrency exchanges based on trading volume. FatBTC has a top 20 cryptocurrency exchange ranking on CoinMarketCap.com and is steadily moving up the list, trading anywhere between $400,000,000 – $500,000,000 daily. FatBTC also has a state of the art Trading App which allows traders to receive the best price executions on the tokens they wish to purchase.Long-anticipated Maya Preferred 223 (MAPR) Token Listed on FatBTCCryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.Blockchain 101 · Crytpo Currency Market --------------------------------------------------- Trezor: Hardware Wallet Binance: Exchange for Traders Ledger Nano S: Hardware Wallet Coinbase: Exchange for Investors CoinSwitch: Wallet-to-Wallet Exchange

I blog about Ripple & XRP. FULL DISCLOSURE: All views are my own. I do not work for Ripple; I am not a professional financial analyst, and the majority of my crypto holdings are XRP.We were not born with the innate skill set to quickly discern the value of content and weed out the trolls from those that want honest dialogue.   This is an ability that each of us - no matter the platform you prefer - must develop on our own, through painful trial and error.  Social media is a relatively new phenomenon digitally, but it's had its counterpart in the brick-and-mortar world for some time now;  golfing, sports clubs, newspapers in their various incarnations, and even church groups have been a part of informal exchange of valuable information.  These organizations still exist, of course, due to the fact that the older generation comprising their demographic still participates, but increasing numbers -worldwide - are turning to their mobile applications to efficiently connect with others, develop valuable contacts, and maintain information channels that could prove useful.  One concept, while pioneered by Twitter, has quickly spread like wildfire:  The concept of a 'follow.'On Twitter, the meaning of this connection is intuitive;  it doesn't necessarily mean that you 'follow' that person's belief system or perspective.   In fact, Twitter is responsible, perhaps, for single-handedly changing the meaning of that word in Western culture now;  to 'follow' somebody on that platform indicates that you wish to be kept apprised of their communications, timeline, and who is interacting with them.  On other platforms like Reddit, there is the concept of 'friend.'   On XRP Chat, the concept is also 'follow,' like it is on Twitter.  If you're new to social media, you may think that this list is unimportant, but it is actually a more powerful concept than you may realize, in a few specific ways:Firstly, those people that you follow benefit from being followed.   Some of them are even able to monetize their influence; but more importantly, the volume attached to their messages grows as their follower count expands, helping them reach a wider audience.   It's something you should be aware of when you're making your choices.  Of course, the obvious benefit from following somebody is that you get to hear what they have to say, and what they say may provide valuable and timely information.   Let's face it:   In crypto, the more quickly you learn of important industry developments, the more quickly that you may be able to react from an investment standpoint.  The concept that doesn't get enough attention, however, is that your choices can help promote specific content.  Have you noticed that some social media platforms seem to thrive on conflict?   I've noticed this more than once;  some viewers prefer conflict rather than straight-forward good news.   It seems that social media platforms are taking a page from the new 'infotainment' bent of mainstream media, and are serving up ways for individuals to engage in a virtual repartee without the traditional politeness of an in-person debate.  Once a month, I'll be profiling individuals in crypto and blockchain tech that I think are positive leaders that deserve a mention, and that you should consider to add to your 'follow' list.   It's useful for all of us to share our own list of 'people to follow' if it results in higher-quality content that helps advance blockchain technology.  Instead of a bulleted list of names with no context, I'll focus in on a small number and provide a deep dive on some of these figures;  hopefully it will spark discussion about how we can collectively change the tone of dialogue - on all communication platforms.As a member of the European Parliament, her legislative catalog shows a leader who has consistently championed the cause of blockchain technology, with an emphasis on how these innovations support the democratization of ownership rights.  While she participates in a number of topics, and even chairs a delegation related to NATO, it is in her capacity as a member of the "Committee on Industry, Research, and Energy" that she's brought attention to bear on the potential of blockchain technology.  1   2   In late September last year, she authored a 'Motion For a Resolution,' which was a twelve-page statement where she methodically laid out 78 points of action for the European Commission, which is under the supervision of the European Parliament.  3The resolution was adopted by the European Parliament.  4   5I profiled this development and analyzed some of the specific points that Eva Kaili had made in that document.   The resolution contained some comments that were, of course, specifically related to her role on the " Committee on Industry, Research, and Energy," but it also contained many other statements that emphasized the potential that financial innovations such as DLT could bring to the entire European Union.  This emphasis on the benefits of blockchain and distributed ledger technology may be what prompted Ripple to invite her to attend its "Ripple Regionals:  Europe 2019" event this year.   At that event, Monica Long, Ripple's SVP of Marketing, interviewed her about the blockchain resolution she authored, and asked about what prompted her to take that action:  "I think it's really important to go beyond the hype that 'took over' a year ago, and be able to understand the real value of the technology;  and this was what we tried to achieve in the European Parliament.   So, I started working ...  basically almost four years ago ...  I was elected as a Greek representative.  After the (Greek) crisis, I realized that there was too much control of the central banks (over) our deposits and I thought that we should find the solution ...  ...  so I was exploring ... 'what could that be,' and ...  the discussion seemed to be crazy, about Bitcoin and without any control of the banking sector;  I saw that besides the philosophy, that there was actually a technology that could help us find new solutions.  I asked Parliament to have ...  the virtual currency report - that tried to give some definitions - and the blockchain resolution;  it took me, basically, three years to move them to even have an event in the Parliament.   It was not easy, because the first thing you would say is 'you know, it's like the technology behind Bitcoin,' and you would have to explain that you're not working for the CIA or for a terrorist group ...  After that, I managed to get the resolution (authored) and also talked one-to-one to all my colleagues that participated to explain every - and any - concern they had.   I had to address that.  I had to follow events - like this one - to understand the technology and to be sure that they can actually not stop innovation ...  but the opposite;  to make sure that we will have a road-map to support this exciting technology.  So I think the resolution managed to be a very positive one."Monica Long asked Eva Kaili to elaborate about the push for regulatory certainty for blockchain firms looking to do business in the EU as well, and asked about the next steps that the EU would be taking to provide a legal framework for DLT technology.  Eva Kaili mentioned the "Blockchain Observatory" and indicated that it would soon be transforming into something bigger.  Intriguingly, She used that point to launch into a different and fascinating topic:  That of artificial intelligence and smart contract automation.  "I think all sectors of our life will be transformed using these new technologies.   But we ...  need to protect investors and give legal certainty to the industry."Later, when discussing some of the benefits of blockchain tech, Eva Kaili circled back to what originally motivated her to push for change:"We can improve the lives of citizens.   This is ...  the main argument used to convince my colleagues to support this technology.   They want to see how this can change our lives.  One of the main examples would be:  We have $130 billion dollars' worth of hidden fees in Europe.   How can we improve that?   I would say that when you use blockchain for financial services, you can find smart solutions to avoid these fees.  I know Ripple is working towards this direction, of course."She then referenced the debate at the Paris Fintech Forum between Brad Garlinghouse, Ripple's CEO and Gottfried Leibbrandt, SWIFT's CEO, and hinted that the EU would consider solutions like the ones Ripple is offering, and referenced the EU's need to see:"good numbers for us;  how this could improve transaction time, efficiency;  how people can trust it more;  how we can save time."This comment is important, because it indicates a willingness on the part of European Parliament legislators to take stronger measures if it could be shown unequivocally that new technology could solve these problems in a transparent and demonstrable fashion.  Eva Kaili is now positioned to play a key leadership role within the European Parliament - and all of Europe - to champion the use of blockchain technology.  Based on what I've seen of her leadership, the results she's achieved, and her clear vision of the future for a Europe that benefits from new fintech innovations, I recommend that you 'follow' her on Twitter and on other social platforms.  Eva Kaili on Twitter:   @EvaKaili Home Page at the European Parliament:   Eva KAILIThe video content from some of the recent "Ripple Regionals" events have been making their way into Ripple's official YouTube channel;  I took at a look at several of them as part of my research for today's blog;  some of them are worth taking the time to view.In case you are short on time, however, I've extracted some exemplary quotes from each presentation.Euro Exim Bank made history in January with the official announcement that they would be pioneering the use of XRP for cross-border payments.   6In a video released by Ripple on February 21st, Graham Bright, Euro Exim's Head of Compliance, explained how the bank benefits from the use of xRapid as opposed to the legacy sources of transaction settlement.   The video was recorded at the "Ripple Regionals: Europe 2019" event:The enthusiasm from Graham Bright was on display during this presentation, and you can plainly see how strongly he believes in Ripple's revolutionary technology.   Here are two quotes from the event:"Our business in trade finance is across 80 countries;  exotic currencies;  difficult-to-get-a-hold-of liquidity;  so our challenge is to make sure that our customers can get fast, reliable, trusted, secure service.  We need our clients to be able to pay us in their local currency.   It's very difficult for them to get a-hold of dollars in some of the jurisdictions in which we operate ...Speed is absolutely important here;  the speed of transmission;  the speed of settlement;  to understand how quickly we can move a transaction, in a trusted way, from one correspondent to another.  ""So what's next for us?   I'm very interested in how we're going to be moving forward in the market;  and how we're going to be taking a very specific lead here.   We will - our plan - is to not only work with payments instructions, but to embed trade finance instructions inside a Ripple(Net) message ......  apart from just the payment, and the actual amount and value of a payment, we will be embedding bills of lading;  airway bills;  the content of a letter of credit;  a fund;  a security;  it could be any one of the current SWIFT messages for any one of the members of the whole financial infrastructure, who are then able to use a Ripple-style message to not only communicate bank-to-bank, but from one institution to any other institution on Ripple(Net).Graham Bright paused for dramatic effect after that last statement, and no wonder:  Many experienced bankers such as him have deep experience using the legacy SWIFT network, along with its associated pitfalls, error rates, and slow turnaround times.  Having the ability to use a set of tools that enable a bank to move money and settle a cross-border payment in real-time is something that SWIFT simply cannot do for most corridors.   But for members of RippleNet, real-time settlement with rich messaging capabilities is an expectation of how cross-border payments should operate;  it's just taking a bit of time for the world's banking infrastructure to catch up.In addition to Euro Exim Bank's presentation at the "Ripple Regionals:  Europe 2019" event, Alastair Constance, the Founder and Director of Mercury FX, a remittance company with offices in the UK, South Africa, and Hong Kong, provided his perspective on Mercury FX's experience in using XRP for cross-border settlement.   The session was facilitated by Marcus Treacher, Ripple's SVP of Customer Success:In reference to Mercury FX's use of the xRapid product, Alastair Constance noted:"We've already had the Mexican channel open up.   It is live.   It is being used.   And I think today or tomorrow we're testing the Philippines, with an eye towards going live within the next week or so.""When you're looking at high-volume payments for companies involved in import-export, or remittances, or whatever the case may be, when you start to look at the economics of how they stack in favor of a Ripple(Net) payment, over xRapid, rather than SWIFT, the numbers are actually quite eye-watering."Both Euro Exim Bank and Mercury FX have added their compelling reviews of using both RippleNet, and also the xRapid liquidity-sourcing product for cross-border payment settlement;   when other banks step forward to join these two organizations, they should encounter the same benefits mentioned in granular detail by both parties.Occasionally, creations by members of the XRP Community inspire the rest of us in surprising ways.   Specifically, I've been awestruck by some of the graphical creations of various individuals, whether they be professional-grade movies, works of art, or even XRP memorabilia such as stickers or socks.  On February 23rd, @LeoHadjiloizou (Twitter handle) published a graphic that was a fascinating perspective on the entire XRP ecosystem of stakeholders and participants, and then shared it via Twitter:The graphic breaks down the major participants in XRP's ecosystem, dividing them into various categories, including:Do any of these categories surprise you?   Did you already know about the companies where you could use your XRP to book travel?   How about the sites where you can pay your bills using crypto?Regardless if you personally knew about all of these XRP ecosystem participants or not, the graphic is a handy tool to be able to share with others that may be interested in seeing the entire XRP ecosystem 'at-a-glance.'   Thanks to @LeoHadjiloizou for showing the initiative to create this share-able reference point for the XRP Community.  One of the most popular third-party sites for exploring the XRP Ledger is Bithomp.   Its user interface has surged in popularity compared to that of the traditional "XRP Charts" account explorer, due to the fact that Bithomp seems to lean towards presenting XRP Ledger information in human-friendly format, with as much rich contextual information as they can fit understandably into one page.  In addition to its popular account explorer, there are many other tools that the site maintains, and its code is open-source, available on Github.  On February 18th, Bithomp sent out a tweet that described a new service that they'd be offering - free of charge - for those that wish to use it:This particular price alert operates via a programmable 'Twitter bot' that will send out tweets if the price changes by more than 5% in one hour, or 10% in one day.   To benefit from Bithomp's Twitter alerts, just 'follow' their automated account on Twitter:  @BithompAlertsCoinbase Pro is the "exchange portion" of the Coinbase ecosystem.   While the Coinbase main website serves as a fiat on-ramp with direct fiat-to-crypto purchasing and selling, the Coinbase Pro site is a full-service crypto exchange, and currently ranks approximately 40th in global volume levels.The exchange went through a high-profile name change in May of 2018, changing from "GDAX" to "Coinbase Pro."On February 25th, Coinbase Pro announced that they'd be adding support for XRP, along with direct fiat pairings against the US Dollar and the Euro:The announcement linked to a blog that contained more information about the launch, which started the same day as the announcement, with the exchange allowing customers to 'transfer-in' XRP to their Coinbase Pro account."Please also note that XRP is not yet available on Coinbase.com or via our mobile apps.  We will make a separate announcement when that occurs."The news was a surprise, and the market reacted quickly and positively to the announcement, sending XRP prices higher as of the time of this writing.A Coinbase listing has been something that the XRP Community has strongly desired for some time.   It is welcome news, and I'm curious to see how much Coinbase Pro increases in its trading volume as a result of their decision;  their daily volume when I wrote this blog was somewhere around $120 million.   Bitcoin currently comprises most of that volume, with about $45 million in daily volume.If I'm correct, the XRP listing will result in a measurable increase in trading.In addition to the listing on Coinbase Pro, the language in the blog may portend a listing on Coinbase's fiat-to-crypto on-ramp site as well;  it will be interesting to see what Coinbase's next steps will be, along with the volume impact due to the new listing.Thanks to Coinbase Pro for listing XRP:  It undoubtedly adds an important and significant new liquidity end-point for the XRP network.Eurex, a German derivatives exchange, is planning on venturing into the cryptomarket with derivatives for the top three crypto-assets by market capitalization: Bitcoin, XRP, and Ethereum.  7   8This is notable because Eurex is not a 'crypto company,' but is instead a mainstream retail investment platform owned by its parent company, Deutsche Börse, a German stock exchange.  No dates were given in the articles reporting on the Eurex expansion plans.  From the standpoint of mainstream financial adoption, this development is one more data point in a series of developments that seem to indicate that traditional exchanges and retail investing platforms are entering the cryptomarket.  OKEx, the second-largest crypto exchange by volume, announced on February 22nd that it had added both XRP and Bitcoin Cash to its 'customer-to-customer' (C2C) platform:The other part of the announcement worth noting is that the initial pairings included five fiat-XRP pairings;  it's always great to add more fiat-to-crypto on-ramps to the list for XRP, and OKEx currently reports a massive amount of trade volume.  In terms of large exchanges, it's always good to see XRP be listed on additional end-points;   I'm curious to hear further about the volume associated with OKEx's C2C solution, and whether it will be able to compete effectively against some of the other decentralized trade platforms that are due to start competing with it this year.  The @CrypToe_Man (Twitter avatar) is a UK-based entrepreneur that offers crypto-related memorabilia and merchandise online, and is specifically known for his socks, especially after Brad Garlinghouse was seen wearing a pair during an AMA session on August 22nd of last year.   9On February 24th, @CrypToe_Man indicated that he was making one of his original XRP paintings available via prints in various sizes:As part of these prints, he's also choosing to donate 10% of all sales to an XRP Charity of your choice, with the caveat that you have to choose one of the 'Good Souls Group' charities, represented by the following Twitter accounts:   10@bigbuckor @cote_uk @cranders71 @onemorehome @StJude @WanderingWare @GoodXRP (Splits donations between charities)This is a win-win for many in the XRP Community, as it facilitates the purchase of limited-availability "XRP art," and also helps a charity of their choice.  Even for those of us that don't have the time to play an active role in market dynamics, whether it's because of other time commitments, or because our skill set and interests lie elsewhere, there is something that you can do with very little effort:  Follow the right people.  On Twitter;  on Facebook;  on Reddit;  on Discord;  on XRP Chat;  on virtually any social media platform;  you can choose who to 'follow' and support.  This will benefit you from two perspectives:  It will allow you to be kept apprised of new communications from these individuals, and you are also using your 'follow' to signal support of that person.  Whether you realize it or not, what you choose to view - and respond to - online is actually affecting and creating the future.   While new-age platitudes such as 'focus on positivity' may not always be effective in the brick-and-mortar world, this sentiment is absolutely powerful when applied to your digital presence online.  If so, you may want to think about the fact that what you give attention to can actually strengthen the very thing that you wish to combat;  it's a counter-intuitive realization for most.   But when we realize that we have choices as 'digital consumers' of content, we can effectively use our clicks and attention to reward the positive developments for our causes, and can counter or otherwise diminish the destructive influence of intentionally-malicious actors on Twitter and elsewhere.  Even if you are busy and can only participate passively on social media, you still have power.  Remember to carefully consider which voices online you are strengthening, merely by the act of 'following' them or replying or retweeting.   You can, even passively, help accelerate the growth and adoption of digital assets:  Focus on - and follow - the voices and the leaders that are starting to be recognized worldwide as champions of the Internet of Value.   Sources and Credits: Cover Art: Thank you to Mārtiņš ZemlickisI blog about Ripple & XRP. FULL DISCLOSURE: All views are my own. I do not work for Ripple; I am not a professional financial analyst, and the majority of my crypto holdings are XRP.The alarm went, followed by a left hand .... S N O O Z E !!! Before the clock was able to sound again, a bang was heard, running little legs and there he was.Stay up to date! Get all the latest & greatest posts delivered straight to your inbox

A court filing has surfaced in the ongoing Kleiman v. Wright lawsuit that gives details concerning the existence of the alleged Tulip Trust and another trust known as the Tulip Trust II. The filing of Craig Wrights declaration dated May 8, 2019 is partially redacted but gives a description of the ostensible trusts of bitcoin holdings. Further, the court mediation between both parties held on June 11 shows the case did not settle and resulted in an impasse. Kleimans lawyer has also revealed that Wright has not complied with the courts order to list his bitcoin addresses prior to December 2013. Also Read: These Are 2019s Biggest Cryptocurrency Winners and Losers so FarKleiman vs. Wright Case Not Settled and Remains at an ImpasseOn Valentines Day 2018, the brother of the now deceased David Kleiman filed a lawsuit against Craig Wright for the rightful ownership of hundreds of thousands of bitcoins and the valuable intellectual property rights of various blockchain technologies. Unproven reports have led people to believe that David Kleiman was possibly a member of a presumed Satoshi Nakamoto team. The plaintiff, Ira Kleiman, and his attorneys have said that it is unclear whether Craig, Dave or both created Bitcoin, but they believe it is undeniable, however, that Craig and Dave were involved in Bitcoin from its inception and that they both accumulated a vast wealth of bitcoins from 2009 through 2013. The Australian native Craig Wright has claimed to be Satoshi Nakamoto for years now, but has yet to prove his assertions to the greater cryptocurrency community.Ira Kleiman represents his brother Davids estate and the family claims that Wright exploited Davids inheritance and fraudulently took his bitcoin assets which far exceed $5.1 billion worth of BTC. Recently Wrights defense lawyers explained how Wright and Kleiman participated in a blind trust and the defense detailed how it had a very complex encryption system coupled with Shamirs Secret Sharing Algorithm. However, the plaintiffs did not seem to buy the story and forced Wright to explain more in a motion to compel order signed by the Judge. During the beginning of the week when Wright was summoned to court in person, court documents had shown some paperwork was sealed and the two parties could not settle the case during mediation on June 11.Wrights Testimony From May EmergesOn June 20 a new filing surfaced which is dated May 8, 2019, and it describes the blind trust set up and some of the members involved. Wright stated that on that day in May he met with his counsel in the U.K. and provided them with information about the bitcoin he mined before December 31, 2013 and the Tulip Trusts. Wright claims to have mined bitcoin between 2009 and 2010 and mined the funds directly into a trust held in Panama. He later transferred the encrypted files that control access to the coins in June 2011 and this was the original Tulip Trust.According to Wright, the trust was formed in Seychelles. While the trustee was initially David Kleiman, additional trustees were appointed upon the execution of the formal trust document, Wright noted in the filing. The names of the trustees in the court document are redacted except for Wright, Uyen Nguyen, and David Kleiman. Uyen Nguyen is named in many of the documents submitted to the court and Wright insists in the May 8 document that he hasnt had contact with her since 2016. There are plenty of posts discussing Uyen Nguyen on social media from May 2016 but her online presence was scrubbed. There are two alleged photos of her located on the Wayback Machine (Archive.org) which can be found here and here.After additional trustees were appointed, two firms were tied to the trust, the Australian company Panopticrypt Pty Ltd. and a Seychelles institution called CO1N Ltd. Both companies went into liquidation, and throughout the filing, Wright mentions a few points of contact for some of the trusts participants. One person mentioned was a man named Denis Mayaka who Wright declared worked for Savanah Ltd. and Equator Consultants AG. Denis Mayakas profile online says he is the CEO of a company called The Offshore House. Mayaka was featured in a Finance Feeds interview back in 2015 and told the publication how Seychelles was becoming a hub for offshore banking. Wright also discloses another name in the court document, a woman he hasnt been able to contact named Ritzela DeGracia. Allegedly DeGracia represented a firm named Highsecured according to Wrights testimony, but there is little information on this entity online.Shelf-Made Companies and Websites Tied to Encryption and Blockchain TechWright revealed that up until 2013 he directed staff at Highsecured and Signia Enterprises to acquire Bitcoin on the market and hold it on behalf of the Tulip Trust. He also mentions that principals of Highsecured were arrested in 2015, but he doesnt reveal why these arrests took place. Researching DeGracias surname online shows that this woman possibly owns a boatload of web domains that pertain to a variety of shelf-made company subjects. A portion of websites deal with diet pill supplements, but a great majority of these sites are related to encryption and systems security. For instance, DeGracias websites include titanencryption.com, encryptdesk.com, encryptcrm.com, datoencriptado.com, samuraisecured.com, serverfortify.com, encryptfire.com, totalencrypt.com, xenoencrypt.com, and many more similar domains.Another person not mentioned in the testimony but associated with a lot of the business documents tied to Uyen Nguyen, Craig Wright and David Kleiman is Bryan Anthony Thornton. Research shows that Thornton was allegedly the director of over 1,000 registered limited companies, many of which have an officer called CFS Secretaries Ltd. Hes assumed to be a company broker who creates whats known as ready made shelf companies. Thorntons companies are very interesting, and much like DeGracias websites lots of them pertain to cryptographic technologies. For example, Thorntons associated companies include names like Btcpay Ltd., Payward Ventures, Careonchain, Coinedr, and BC Global Resources. The company BC Global is a London based blockchain venture founded in 2016 according to the website. The company says it is operated by two individuals with doctorates and reportedly the company no ones ever heard about received $20 million in funding in September 2017 from a firm called Finance72.Kleiman Attorney: Craig Wright Hasnt Complied With the Courts OrderThe latest filing from May was opened on June 20 and many people have dissected the self-proclaimed Satoshi testimony so far. The website Satoshi Itches researched the subject and found some discrepancies within Wrights testimony. Craig has sworn in court that a trustee of Tulip Trust I is C01N Ltd, which did not exist until 2014, explains the researchers. Wrights testimony says the trust was executed in October 2012 and that the company was dissolved on July 4, 2017. The court has decided it will preside over a second deposition with Wright on June 28 in the federal courthouse in West Palm Beach. More information concerning this fascinating case involving billions of dollars worth of BTC will likely be revealed next Friday. Wright has been trying relentlessly to get the case dismissed but hes been denied and has been forced to reveal more about his mysterious dealings with David Kleiman. Moreover, on June 21 Kleimans legal attorney noted on Twitter that Wright has not yet complied with the court orders. The Kleiman estates lawyer Vel Freedman stated:Craig Wright hasnt complied with the courts order to list his bitcoin as of 12/31/13. He remains under an order to show cause why Judge Reinhart shouldnt issue sanctions under R.37 & order him to appear before Judge Bloom to explain why he shouldnt be held in contempt.What do you think about the recent court filing stemming from Wrights testimony from last May? Let us know what you think about this subject in the comments section below.Image credits: Shutterstock, Pacer, Courtlistener, BC Global Resources, the Panopticrypt website on Archive.org, and Pixabay. Are you feeling lucky? Visit our official Bitcoin casino where you can play BCH slots, BCH poker, and many more BCH games. Every game has a progressive Bitcoin Cash jackpot to be won!Bitcoin, Bitcoin Keys, Bitcoin Lawsuit, Blocks 1-70, Bryan Anthony Thornton, C01N Ltd, Court, Craig Wright, David Kleiman, Denis Mayaka, Dr. Wright, Early Mining Days, Florida, Florida Court System, Ira Kleiman, Judge Beth Bloom, Judge Reinhart, Kleiman Estate, Kleiman v. Wright, Law, Litigation, N-Featured, private keys, Public Addresses, Risk & Finance, Ritzela DeGracia, Satoshi Nakamoto, Self Proclaimed Satoshi, Signing, Uyen Nguyen, Vel Freedman Free Law Project's Courtlistener Repository Now Accepts Bitcoin Cash Donations NEWS | 4 days ago On Monday, Bitcoin Cash (BCH) supporters learned that the popular website that focuses on U.S. court documents and the litigation Bitcoin Trades for a Premium in Hong Kong During Protests NEWS | 5 days ago Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today.

Milan, Italy - December 03, 2017: an engaged couple looks at the Louis Vuitton store shop window in Vittorio Emanuele II Gallery in Milan.GettyWhile exclusivity has always been a feature of the fashion industry, the uniqueness of objects can now be owned and transferred to the virtual world using blockchain technology.“A key advantage of blockchain technology is that it allows uniqueness and ownership to be made visible and executable on a decentralized basis. As creators of culture, it is the next logical step for the fashion and design industry to enable their brands and creations to live in the digital world,” Marjorie Hernandez, LUKSO CEO, told me.Hernandez, a trained architect and brand expert by trade, has already developed many ideas and concepts for established artists throughout the world. Now, Hernandez is eyeing blockchain technology as the next big wave of innovation to hit the fashion and lifestyle industry.LUKSO CEO Marjorie HernandezLukso Agency GmbH, BerlinAccompanying Hernandez is Fabian Vogelsteller, famous Ethereum developer responsible for co-creating the ERC-20 Token Standard, which is the most used smart contract standard world-wide that initiated the ICO wave of 2017. The 34-year-old is also responsible for well-known open source projects such as the Ethereum’s first decentralized Browser called “Mist,” the Ethereum Wallet and the web3.js library.LUKSO CEO and Ethereum Developer, Fabian VogelstellerLukso Agency GmbH, BerlinTogether, Hernandez and Vogelsteller are creating a blockchain network for the fashion and lifestyle industry. Known as “LUKSO,” it is an industry specific blockchain-based ecosystem aiming to create a global new standard for the fashion, lifestyle and luxury goods sector. The LUKSO Blockchain invites the fashion and lifestyle industry to extend their online presence beyond social media, by creating a unified experience for businesses and consumers that live both online and offline.We are building a whole new blockchain ecosystem for the fashion and lifestyle industry. This isn’t an app with a token, but rather a foundation layer, based on the Ethereum Virtual Machine (EVM). On top of this foundation, many use cases can be deployed, which are relevant for the fashion and lifestyle industry. Authenticity is the first use case we are looking at, as we see it as the fundamental first step,” Hernandez explained.According to Hernandez, in order to ensure authenticity of fine luxury goods across the LUKSO blockchain, “digital twins” of physical items are created. These digital copies are equipped with chips that track and register items on the LUKSO blockchain network. Brands and designers that are part of the LUKSO ecosystem will be able to register items themselves after the goods have been manufactured. In turn, this technology will greatly benefits consumers.Users who purchase items from the LUKSO ecosystem will have the certification number of where the goods were made. They will also be able to see the serial number, track where the materials came from and much more. What’s really unique about LUKSO though is that items can also be sold or traded within the ecosystem. Designers can also provide incentives to consumers. This was something we couldn’t do before, but the blockchain enables dynamics between brands and consumers, creating a whole new economy,” Hernandez said.In other words, customization, authenticity and tokenization will shape landscapes that will not be controlled by one entity or geography, but by an entirely new community.While both Hernandez and Vogelsteller understand that the concept of creating digital twins can be applied to many industries, the duo points out the importance of a “context specific blockchain,” built specifically for the fashion and lifestyle industry.Technically speaking, the same concept can be applied to many industries, but we are giving the LUKSO blockchain network a specific context because it allows a particular group of people to have their own blockchain. In turn, you have resources available only to that group of people, rather than offering it to the whole the world. For example, the problem of having overly full blockchains can be seen with Ethereum and Bitcoin. However, if you want to have anything in production today, it’s necessary to start Blockchains for specific industries, user groups or use cases. This is what I call a “context based blockchain,” Vogelsteller told me.Furthermore, a key focus for Vogelsteller has been the advantages of decentralized networks benefitting all participants. Research will be done to enhance and perfect the on-chain governance of this industry specific network in the coming months. And while the LUKSO infrastructure doesn’t exist just yet, an internal test network is running, and according to Vogelsteller, a public test network is expected to launch soon.The blockchain technology is not the challenge here, but rather launching the network at the right time is. Blockchain just came into fashion a year ago and the big topic now is supply chain, but people haven’t started to think about all the benefits of owning things on the blockchain, or the customer engagement possibilities. This is the next big topic for the fashion industry and we will start when the time is right for startups and brands. In the tech industry, you can either launch too early or too late, and right now we are a bit too early. The plan is to start the main net in 2019,” Vogelsteller said.Moreover, a reversible ICO (RICO) is in the works for LUKSO, a concept that Vogelsteller  proposed during this year’s Devcon4, Ethereum’s annual developer conference. Specifically, the concept involves the creation of a special-purpose smart contract that allows investors to “reverse their committed funding.”A reversible ICO is a simple concept. Rather than sending money to a smart contract where the project has immediate access to those funds, participants will send money to a smart contract and commit that money for a certain time period. Let’s say a participant commits $10k, which flows to the project ownership over a period of 2 years. Investors can withdraw their money at any given time, minus the percentage that already went to the project. This gives power back to investors, as they can basically take their money back if the project is a scam. It’s also important to show that we can regulate ourselves on-chain with our own policies," Vogelsteller said.While LUKSO appears to be a promising blockchain project, Hernandez and Vogelsteller are not the only one’s bringing blockchain technology to the fashion and lifestyle industry.For example, Rare Carat, an online retailer for diamond rings, recently announced a partnership with the independent emerging technology enterprise, Everledger, to launch the Rare Carat Report. This free tool leverages blockchain technology and Artificial Intelligence (AI) to let consumers intelligently evaluate diamonds for sale anywhere in the world, both online and offline.And according to Dr. Sharon Raneri, Co-Founder and Business Development Manager of MB8 Coin, a cryptocurrency created specifically for luxury items and booking travel accommodations, blockchain technology is the future of Fashion-Tech.“Blockchain is an immutable, distributed digital ledger that can be used in many ways, in a number of different industries. Moving the fashion industry supply chain to a blockchain solution could have benefits for transparency, traceability, sustainability, authenticity, increased efficiency and compliance,” Dr. Raneri told me.The use of blockchain combined with RFID chipped smart labels would make it possible to record and track the supply chain all the way from the raw materials, the manufacturing processes, shipping, to the retailers and the customers. Labels could include other details as well, such as product images, precise sizing data, Designer details, pricing and customer feedback ratings. For retailer’s, applications could include stock level monitoring and automatic reordering. Authenticity of products in the fashion industry is key and would be easily verifiable when using a blockchain reducing counterfeiting and fraud. There are many benefits to a Blockchain based solution for the fashion industry.”I am an entrepreneur and writer based in San Francisco, California. I cover financial topics related to cryptocurrency, blockchain technology and women disrupting the world of crypto. Please connect with me on Twitter (@Rachelwolf00) or on LinkedIn (https://www.linkedin.com/...I am an entrepreneur and writer based in San Francisco, California. I cover financial topics related to cryptocurrency, blockchain technology and women disrupting the world of crypto. Please connect with me on Twitter (@Rachelwolf00) or on LinkedIn (https://www.linkedin.com/...You can follow Rachel Wolfson on Twitter and LinkedIn to stay up to date on the latest cryptocurrency happenings.

with OKB token. Besides, OKB has also strengthened its global presence, now supporting 8 major fiat gateways including US dollar, Euro, South Korean won, Vietnamese dong, Indonesian rupee, etc., and is listed on over 50 trading platforms, including Bitfinex and Bitmax. The report also announced that OKB will soon be migrated to the OKChain mainnet from the Ethereum ERC-20 network and 100% of the genesis block of OKT, the native token of OKChain, will be mapped to OKB holders. Besides, OKB holders will be able to participate in the governance of OKChain and become a supernode in the future as OKT and OKB will be interconnected to foster the ecological development of OKChain. OKB continues to expand its ecosystem As an exchange token adopted by OKEx, the world’s largest spot and derivatives exchange, OKB now supports spot margin trading (up to 3x leverage) and Savings services on OKEx with a borrowing rate as low as 0.01%. In terms of external use cases, OKB reached cooperation with 3 new partners, including ZelCore, HiCats and InfinitioWallet, covering crypto storage and blockchain game, which further improved the ecological layout of OKB. The OKB globalization On Feb, OKB has been listed on 5 exchanges, including Bitribe and BW, two well-known Korean trading platform, to open OKB/BTC and OKB/USDT trading pairs, Malta-based exchange BHEX, and BitSG, a notable exchange in Singapore, to support OKB depositing and withdrawal services and the ETF of OKB for spot margin trading. Apart from that, OKB also landed on ViteX, one of the major decentralized exchanges in the world, to support OKB’s pending order mining services. OKB is now in rapid global expansion, covering 141 countries and regions around the world, and is constantly working to enhance its liquidity and competitiveness in the market to reach new heights. About OKEx The world’s largest and most diverse cryptocurrency marketplace, OKEx is where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading, including futures, perpetual swap, and options, of major cryptocurrencies, offering investors great flexibility in formulating their strategies to maximize gains and mitigate risks. Continue Reading Realio Announces launch of RST token sale on Algorand’s Blockchain Published 1 month ago on March 24, 2020 By Bryan Fischer Realio, an end-to-end digital asset issuance and peer-to-peer trading platform focused on real estate private equity, today announced a partnership with Algorand, the technology company that built and developed the world’s first open, permissionless, pure proof-of-stake blockchain protocol. The Realio Issuance Network is a layer 2 solution built for compliantly issuing-on and interconnecting decentralized ecosystems across global jurisdictions. The network is being fully tokenized through the RST token sale which aims to be the first truly hybrid security/utility token, offering ownership and profit share rights over the network alongside staking and utility features to participate in network validation, voting and more. RST tokens will be made available for purchase as an Algorand Standard Asset (ASA) and designed for interoperability with other supported blockchains and platform features such as RealioX. Algorand, one of the top next generation blockchain protocols, joins Fusion Foundation among others in supporting the Realio Issuance Network. RST tokens will be offered (with the private sale beginning on March 16) via the Reg D 506 (c) and Reg S exemptions, enabling global participation. “Algorand’s protocol was designed for decentralized financial applications and networks of the future like Realio, and we are pleased to support the long term value their initiative will provide, ” said W. Sean Ford, COO of Algorand. “Combining Algorand’s simplified asset creation, instant economic exchange, and immediate transaction finality with Realio’s groundbreaking token issuance network is a significant step forward in defi compliance and innovation.” About Realio The Realio platform is an end-to-end, blockchain-based SaaS platform for the issuance, investment and life-cycle management of digital assets. Realio combines access to a decentralized (p2p) exchange with the features of a sophisticated issuance/investment platform in order to merge enterprise-grade blockchain solutions with institutional quality investment vehicles. Potential users of the platform should visit us at www.realio.fund. About Algorand Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction in financial exchange, Algorand Inc. is powering a financial evolution by enabling the creation and exchange of value, building new financial tools and services, while providing responsible privacy features. Continue Reading Digital Assets and Their Role in the Development of the Global Economy Published 1 month ago on March 23, 2020 By Anthony Pearcy Active development of the global digital economy contributed to the emergence of a number of new terms and definitions. Special attention is paid to defining blockchain tokens. Electronic currencies, virtual assets, cryptocurrencies, digital assets — these new financial instruments still have no definition. How can you sort through numerous concepts and identify the most important ones? Today, there is no specific definition of the term “digital asset”. This is why the main idea of the term is complicated, which leads to misrepresentation or incorrect description of this information. The following definition is considered the most complete: digital asset means an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier. Analyzing the legal and regulatory framework, we can conclude that international institutions, SEC institutions in particular, do not currently use the term “digital asset”. Meanwhile, the ESMA uses the term “cryptocurrency asset”. Such assets include any digital representation of interest that has a value and the right to receive benefit or the fulfillment of certain functional tasks. Later on, aiming to define a new type of an instrument, a number of tests and options for regulating it were created. The Howey Test is a kind of a formula, according to which we can identify whether certain transactions can be classified as an “investment contract”. When defining any financial instrument as a security, we have to check its correspondence to the following criteria: Afterwards, when popularizing the ICOs (Initial Coin Offering), a need to regulate this process arose. Thus, the financial regulator of Switzerland, FINMA, published clear recommendations for ICOs. The guidelines include information needed for sound resolution of all issues regarding the ICO by the regulator. According to the classification of the regulator, there are several types of tokens: · Payment tokens. They are used as means of payment or exchange. · Utility tokens. This type of tokens provides the owner with a digital access to services of a blockchain-based project. · Asset tokens. They act as an obligation for the issuer, an equivalent to the right of a shareholder. Last year, the representatives of the Ukrainian IT sector proposed a test for a blockchain token’s correspondence to a digital asset. The methodology was developed in accordance with certain criteria and indicators of a blockchain token. Its questionnaire contains 18 questions, and the answers allow comparing the characteristics of a blockchain token to a digital asset. Based on the results of the test, we can determine the level of a blockchain token’s correspondence to the categories of a digital asset. When talking about the developments in this area, we have to mention the expert research works in the field of developing blockchain and establishing digital assets carried out by Alexander Kud. The substantiation of the term “digital asset” helped determine the components of this definition by analyzing its essence. Studying the matter of defining digital assets, their legal regulation and development in the world, we see that this is a kind of a “revolution”. The revolution in the financial world, which already bears fruit. Continue Reading SpiderOak Expands Executive Team With Key New Hire Published 1 month ago on March 21, 2020 By Cramer Nicholson SpiderOak is pleased to announce and welcome Michael Campanelli, who will join the SpiderOak Mission Systems team as the Vice President of Federal, working remotely from the DC Metro Area. Within this role, Campanelli will establish and lead the SpiderOak business in the government market, specifically supporting customers in the Intelligence & Defense communities. Michael comes to SpiderOak from Prominent Edge LLC where he was the Executive Director of Business Development, responsible for all new business ventures, contracts, marketing, and sales. A former Director on the Board of Directors for the United States Geospatial Intelligence Foundation (USGIF), Mr. Campanelli is a sixteen-year veteran of the U.S. Intelligence Community and has spent his career leading teams in the design and implementation of large-scale systems for the storage, analysis, and exploitation of complex data. “Michael has the leadership experience, proven track record, and stellar reputation in IC and DoD spaces, which is exactly what we need as we take our business to the next level,” said Christopher Skinner, Chief Executive Officer, SpiderOak. “At SpiderOak Mission Systems Michael will introduce the federal market to a disruptive new technology that helps protect our nation and save lives.” “I was attracted by the company’s mission to Secure the World’s Data and the commitment that the company has to improve our nation’s security,” Campanelli said. “I believe that truly secure products – on-demand cryptographically secure enclaves – are going to change how the federal government works, shares, and communicates data. This technology is a game changer.” Campanelli combines his experience in business development and leadership with past experience in a number of other areas, specifically Motion Intelligence, Mission Planning, and Radar. Throughout his career Michael has had the honor and privilege to work both behind a desk and in the field, including the opportunity to spend time at sea on board the Aegis Guided Missile Destroyer, USS The Sullivans. Mr. Campanelli earned a B.S. in Aerospace Engineering and a B.S. in Mechanical Engineering from West Virginia University, a M.S. in Systems Engineering from The George Washington University, completed post-graduate study in Geospatial Intelligence at Penn State University, and most recently completed a course of study in Data Science at MIT. “We offer a preventive way that stops the pain caused by so few to so many,” added Skinner. “It’s time to embrace new and seek out the root cause of constant failure. We make it possible to operate on any network, creating enterprise controls for distributed systems. Michael Campanelli brings the experience and knowledge needed to fulfill our mission.” SpiderOak builds need-to-know technology that supports customers working in hostile environments. Traditional systems trust IT infrastructure to maintain the whole security system, even though the news is rife with evidence that this model does not work. Our software combines end to end encryption with a distributed ledger technology to offer best-in-class security with no backdoors. About SpiderOak Mission Systems Inc.: SpiderOak Mission Systems offers the US defense and intelligence communities tools which enable the creation of secure virtual enclaves. Designed to offer strict need-to-know assurances. We believe you deserve the easy, efficient deployment of SaaS solutions without compromising the security of the mission, sensitive information, or team members themselves. Built on distributed ledger (blockchain) technology. Cryptographically secure, zero-trust, compartmentalized data protection with mission-level controls, even over arbitrary networks. Enterprise controls for distributed systems is the future of security. Continue Reading Stellar Development Foundation Announces Strategic Investment in DSTOQ Published 1 month ago on March 20, 2020 By Anthony Pearcy Stellar Development Foundation (SDF) announces the closing of a strategic investment in DSTOQ Group AG. The investment of $715K, paid in lumens, is the first made by SDF through their new Enterprise Fund. DSTOQ, a Liechtenstein-based FinTech company, helps make investing accessible and affordable for people in emerging markets, through a borderless digital interface for security tokens built on the Stellar network, a global, decentralized open source blockchain. Through the DSTOQ interface, users have easier access to blue chip shares, such as Tesla or Amazon, as well as bonds, indices and commodities using fiat or cryptocurrencies. DSTOQ’s first market will be Vietnam, followed by South Africa and other African, South American, and Asian developing countries. DSTOQ users require only a smartphone to access global financial markets, which thanks to Stellar’s infrastructure layer, makes the entire process not only more accessible but also more efficient. About the investment, Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation (SDF), said: “At SDF, we seek to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered. DSTOQ’s sharp focus on cross-border investing and their unique approach to helping people in emerging markets to gain access to investment opportunities abroad speaks directly to our mission at SDF. Together, we hope to improve the lives of millions of people while simultaneously creating exciting new business opportunities.” Craig Mc Gregor, CEO and co-founder of DSTOQ, said, “We are grateful for SDF’s vote of confidence and continued support towards our shared vision of building and improving the global financial system. Together, DSTOQ and SDF aim to improve financial inclusion in markets that desperately need better access to global products. For too long these markets have been ignored – we look forward to changing that with this exciting technology.” DSTOQ made the strategic decision to use blockchain technology in the development of its architecture due to some unique properties that benefit their business model. For example, Stellar enables the tokenization of assets, such as shares of Apple, in a far more efficient manner that allows users in emerging markets to invest at a fraction of what it would otherwise cost. The use of the Stellar blockchain proved to be a game-changing decision for the company, as they mention in their blog. Jed McCaleb, co-founder and Chief Architect of Stellar, said, “DSTOQ is making markets accessible to new geographies, connecting the world’s global infrastructure in an exciting and innovative way. We are really excited to see companies like DSTOQ take the use cases for our technology to the next level.” DSTOQ has focused on the building blocks of an entirely new financial system, developing the technology and partnerships required for its success. In the months to come, DSTOQ will share more insights on these foundational steps, including a new partnership with an innovative European bank with strong ties to Asia. About DSTOQ DSTOQ helps make investing accessible and affordable – for people in emerging markets. The group of DSTOQ companies provides services such as Token Generation for the creation of security tokens, as well as a digital interface for transactions of security tokens, through which users have easier access to blue chip shares, such as Tesla or Amazon, as well as bonds, indices and commodities using fiat or cryptocurrencies. About Stellar Stellar is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Dozens of financial institutions worldwide issue assets and settle payments on the Stellar network, which has grown to over 4 million accounts. About Stellar Development Foundation The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar, an open-source network that connects the world’s financial infrastructure. Founded in 2014, the Foundation helps maintain Stellar’s codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world’s economic potential through blockchain technology. Continue Reading Curv’s Keyless Cryptography Brings a New Level of Security to Bitcoin Satoshi Vision Published 1 month ago on March 19, 2020 By Cramer Nicholson Today, Bitcoin Association announced Bitcoin Satoshi Vision (BSV) will be fully supported by Curv’s institutional digital asset security platform. Helping secure digital assets thanks to its keyless cryptography, Curv’s wallet service is swiftly being adopted by exchanges, OTC desks, lenders, brokers, and traditional asset managers worldwide. Eliminating the single point of failure introduced by private keys, Curv delivers a mathematically secure way to approve and sign transactions on the blockchain. In addition, Curv has obtained digital asset insurance protection of up to $50 million for its customers from Munich RE and is the first and only Multi-Party Computation (MPC) digital asset wallet solution to achieve SOC2 Type II status. Bitcoin Association is the global industry organization that supports Bitcoin SV. In its ongoing work to grow the Bitcoin SV ecosystem’s infrastructure, Bitcoin Association sought an additional security provider for BSV that was blockchain agnostic and not limited by certain rule sets, such as the need to support the Pay-to-Script Hash (P2SH) transaction type which has now been sunsetted on Bitcoin SV. Jimmy Nguyen, Founding President of Bitcoin Association said, “We have secured another partner for the Bitcoin SV ecosystem that ensures BSV institutional users gain multi-signature wallet functionality and can use large-scale applications on top of the Bitcoin SV blockchain, without needing to compromise on security and flexibility. Curv’s protocol-agnostic approach gives institutional users the freedom to expand BSV utility and aligns with the restorations the Bitcoin SV Node team sought to achieve with the recent “Genesis” hard fork that successfully activated on February 4, 2020. We hope that enterprise adoption of BSV will accelerate and Curv’s infrastructure will play a critical role in supporting this scalability and more future business use of BSV.” Curv’s service is able to support Bitcoin SV for multi-signature transactions even after P2SH is sunsetted given Curv offers users the ability to securely manage and trade all types of digital assets on both ECSDA and EDDSA blockchains. This flexibility is central to Curv’s platform given its patent-pending Multi-party computation (MPC) protocols enable transactions to be securely approved and verified off chain and eliminate the need for private keys. Curv’s COO Josh Schwartz said, “We’re excited to add BSV to our growing portfolio. Our clients trust us to enable their business and help secure their digital assets. We view it as our obligation to ensure customers have the freedom to hold, trade, and interact with any and all digital assets. They should feel empowered to let the market dictate the assets they choose to support and not be limited by their wallet provider’s capabilities.” About Curv Curv is setting a new institutional standard for digital asset security, using revolutionary cryptography to deliver the industry’s first cloud-based Institutional Digital Asset Wallet Service. Curv’s unique, mathematically-secure, keyless platform gives organizations complete protection, instant access, and total autonomy over digital assets. Curv is headquartered in New York with R&D offices in Tel-Aviv, Israel. For more information, please email About Bitcoin Association Bitcoin Association is the global industry organization that backs Bitcoin SV (BSV). It brings together merchants, exchanges, application developers, service providers, enterprises, miners and others in the Bitcoin SV ecosystem to advance the growth of Bitcoin commerce. Bitcoin Association supports Bitcoin SV (BSV) as the original Bitcoin, with a stable protocol and scaling roadmap to become the world’s new money and global enterprise blockchain. For more information, email To hear from Bitcoin SV industry leaders, come to the CoinGeek London conference on February 20-21, 2020 at the historic Old Billingsgate venue in London. Visit BitcoinSV.com to learn more about BSV.

Posted by Joël Valenzuela | Jan 1, 2019 | News | While 2018 was a year characterized by many as the year of one of the harshest bear markets for cryptocurrency to date, the Dash network experienced record growth over the course of the year in developments and adoption. Dash took over as arguably the most used cryptocurrency for payments and retail use, with long-term transaction data backing this up, as well as thousands of merchants added and dozens of new integrations. By every metric other than market capitalization and price, 2018 was a resounding success for Dash.The most significant victory for Dash in 2018 has undoubtedly been merchant adoption, with a large spike in accepting businesses around the world. According to merchant listing site DiscoverDash, a little over 500 known merchants accepted Dash at the end of 2017. Now, that number has grown to 4,692 at time of writing, amounting to over 4,000 new merchants added this year.We are proud to announce our partnership with @churchs_chicken Venezuela so that from this chain’s diners to use #Dash as a national payment method and enjoy #elmejorcrunch | #DashNation #Criptomonedas #Blockchain #Venezuela #12Dic pic.twitter.com/6ZOwvWCdnI— Dash Venezuela (@Dash_Venezuela) December 12, 2018Dash’s biggest success story so far is Venezuela, a country plagued with economic issues and hyperinflation, often touted as the perfect use case for cryptocurrency. To date Venezuela has claimed an impressive 2,553 merchants listed on DiscoverDash, over half the global total, up from fewer than 100 at the beginning of the year. This includes local franchises such as TRAKI department stores, Subway, Papa John’s, and Church’s Chicken. The country is also the destination for most of the 66,000 KRIP mobile phones, low-cost smartphones pre-loaded with Dash apps such as the official wallet, Bitrefill, and DiscoverDash, as well as a small amount of Dash. Professional teams on the ground have included a live support desk and an aggressive marketing push, including a social media influencer campaign. A short documentary was made earlier this year showcasing Dash’s explosion in the region, which was quickly rendered obsolete due to the rapid adoption rate. It’s no wonder Venezuela is the world’s top source for Dash wallet downloads.The runner-up in merchant adoption for this year was Colombia, thanks to its impressive outreach team. The country currently ranks third globally for Dash merchant adoption at 346 known businesses, rapidly closing in on the 531 number claimed by the much larger United States. This is particularly important due to Colombia’s proximity and relationship with number one Dash spot Venezuela, indicating that we may see critical mass achieved in Latin America starting in 2019.Cúcuta, Medellín and Envigado were the scene of new Dash merchant signups and support incidents today in Colombia.Dash is digital cash and it is the future.#DashPay #DashColombia pic.twitter.com/JrNvZoyf5u— George Donnelly (@georgedonnelly) December 14, 2018On the integrations front, Dash claimed dozens of integrations in 2018. Many of these likely went unnoticed or unrecorded, due to the fact that Dash is a decentralized system and any business or service can use it without a public announcement. That being said, we recorded 66+ various major integrations in 2018, including 38+ exchanges and 10+ payment processors, with a variety of special services such as wallets, debit card solutions, gift card platforms, and more.Dash was added to dozens of new exchanges and on-ramps, greatly facilitating the flow of coins globally. Most notable were Digifinex and IDAX, which respectively rank 4th and 10th by adjusted trading volume. Other exchanges added include RealExchange, Bitbns, CoinCola, Panda Exchange, BuyCrypto, CoinvertIt, OmniTrade, eBitcoinics, CoinOyo, DeVere Crypto, ACX, SouthXChange, Styx24, NegocieCoins, BitIt, BitInka, and BitcoinVN. Dash was also added to several brokerage services including Mercury Cash, Kurecoinhub, Paycent, SlithEx (formerly RocketPay), BitNovo (which recently integrated DashText facilitating SMS-based remittances to Venezuela), Payza, and Bit2Me, as well as precious metals brokerage Vaultoro, and instant crypto-to-crypto “flip” services Morph Token, Godex, CryptoWolf, and CoinSwitch.Dash was added to other services such as Robinhood, AvaTrade, WebMoney, and Abra, as well as ATM network Coinflip and prepaid card service Coinfinity.Day 1 at #MjBizCon Come check us out at booth # 3580 � @Dashpay @MJBizDaily pic.twitter.com/7mJO1zSpoBDash was integrated into a host of new payment processors and merchant solutions in 2018. Possibly the most significant was comprehensive cannabis-geared business solution Alt Thirty Six, which commenced B2B payments late this year and promises a wide B2C rollout in early 2019, offering customers the opportunity to purchase cannabis at dispensaries around Arizona, Nevada, California, and Oregon. Dash was also integrated into major online payment processor GoCoin, and both DashText and CoinText have been integrated directly into several popular point-of-sale apps, allowing customers without internet or smartphones to still make purchases with Dash. Several other payment processors added Dash as well, including SlithEx, PayBear, Coinify, Epaymints, AloGateway, Payza, 34 Bytes, Bravo Pawn Systems, and possibly several others.The official Dash wallet, which received a major rebranding and overhaul this year, also received an Uphold integration, allowing users to seamlessly buy and sell Dash directly in the wallet, overcoming one of the most significant barriers for new users. Dash was also integrated into two SMS-based wallets, CoinText and DashText, enabling users in key countries to send and receive Dash without internet or a smartphone, an important feature in the developing world. Dash was also added to the Ethos universal wallet.Additionally, Dash was added to two different debit card providers, PayCent and Payza, and signed an agreement for integration into the upcoming FuzeX card.Dash was added to several gift card services, most notably Bitrefill, which supports InstantSend and offers a 10% Dash-only discount for gift codes to dozens of retailers and mobile phone providers around the world, most notably Amazon, while gift card service CoinCards added Dash as well. A major auto dealership in New Hampshire added Dash and accepted for payment in full for a car, and online rewards points service Rewards.com was added as well, allowing regular shoppers to earn free Dash for purchases, offering a great on-ramp for new users. Other notable integrations include fantasy sports giant FanDuel, travel agency Travala, mobile top-up service Piiko, social media marketing firm Strike Social, online boutique network SugarTrends, mobile network Miracle Tele, and ridesharing startup Abee, among others.#Dash community we did it! ��� The stress-test is now over. It was a huge success & we managed over 3 million @Dashpay transactions in ⏰ 24 hours! That’s a new ATH record for a #Bitcoin based #Blockchain! A special thank you to @BennyNitschke for your efforts today �� pic.twitter.com/uMLC4PWkRuDash has made significant development progress in 2018, starting with the 0.12.3 release, which added a series of improvements including to PrivateSend, as well as Compact Blocks, which allowed the network to more easily scale to high transaction levels. Version 0.13, one of the most significant in Dash’s history, was deployed on testnet by the end of the year. This includes several major changes including the historic introduction of deterministic masternode lists, an even more significant improvement to PrivateSend‘s efficiency and speed, and InstantSend enabled by default for nearly all transactions. Version 0.14, to follow immediately after, will include the introduction of long-living masternode quorums (LLMQs) to enable a wide variety of advanced functionality to scale on the network, and ChainLocks (which leverage LLMQs), an innovation to secure Dash against 51% mining attacks, an increasingly real threat to cryptocurrencies. To support these developments, the Dash Core team released an exhaustive developer documentation portal, and earlier in 2018 released a series of demo videos on the Evolution platform, which has taken a concrete shape and is in its final stages.In outside developments, the Dash chief architect Andy Freer left in order to start working on decentralized Dash applications, anticipating significant interest in leveraging Dash’s Evolution platform upon release. Dash Labs, run by Dash founder Evan Duffield, also released details on its first major project, the Data Collection Protocol, a system for decentralizing and monetizing the academic research and peer review process by using Dash. Arizona State University published a thorough scaling paper showing that Dash could easily scale to over half PayPal’s present transaction counts.Micro treasury system DashBoost was developed and deployed in 2018, giving smaller projects an avenue to seek funding without interfering with Dash’s main funding mechanism for large and critical projects. MyDashWallet was also deployed, including a comprehensive web and mobile wallet with both InstantSend and PrivateSend features, seamless cross-platform tipping, and a blockchain chat feature. MyDashWallet also conducted the network-wide stress test.#CNN International recently visited #NewHampshire and provided a closer look into how individuals live day-to-day using #cryptocurrency, an act not often seen in the #media. #crypto #Dash #Dashpay #truthinmedia https://t.co/5TpZpmVMdqDespite significant cryptocurrency sell-offs during the bear market, the Dash masternode network has continued to grow. At the beginning of the year the network claimed about 4,680 masternodes, a number which has since increased to a present 4,877, adding nearly 200 nodes across the year. As mentioned above, MyDashWallet conducted a significant network-wide stress test, processing over 3 million transactions over a 24-hour period, passing Bitcoin Cash’s previous record of about 2.1 million. The network experienced no significant disruptions, performance issues, or heightened fees, showing that Dash can comfortably scale to support over ten times Bitcoin’s present user base without additional upgrades.Publicly traded company Neptune Dash invested heavily in the Dash network, currently operating a reported 22 masternodes. Dash masternode pooling service CrowdNode, allowing anyone with 1 Dash to participate in fractional masternode ownership, has since scaled up to 13 total masternodes.The Dash Core team solidified its presence in 2018 hiring two new executives, a CFO and CTO, professionalizing the entity and allowing it to operate more efficiently. This was part of a wide staff expansion which saw the Core team become one of the largest cryptocurrency development teams. In advance of the Evolution release, the Core team filed defensive patents to prevent its innovations from falling victim to patent trolls attempting to prevent the new technology from being used by its own creators. The Dash Core team became an entity legally owned by the Dash DAO, giving it greater public accountability and direct control by the masternode network, creating one of the most decentralized structures in the world. Dash Core CEO Ryan Taylor announced that elections would be held in March for trust protectors of the Dash DAO Irrevocable Trust, the legal entity controlled by the masternode network which owns Dash Core Group and other assets, creating a first-of-its-kind legal structure with maximum real-world decentralization.Thank you @JavedMalik for inviting me to speak about #Blockchain & @Dashpay at the houses of parliament for https://t.co/C1cvkr5eUJ. The business & networking session was very beneficial. @TheDiplomatMag. Here I am with Mr Brian Coleman IT specialist & business consultant. pic.twitter.com/zv846AtiNiThe Dash Core team has also released a new overhauled user documentation portal, as well as a support portal, allowing users with questions about Dash itself to receive prompt answers, a rarity in the decentralized space. Before that, Dash merchant site DiscoverDash released a live chat feature, similarly allowing new users to reach a live support agent in real time.In addition to these developments for the Dash network and its global adoption, several major victories were achieved in publicity and other areas. Dash usage as a currency was notably covered by CNN, a major coverage event by mainstream media. Dash presented before the Houses of Parliament for the Bahrain Opportunities Forum 2018. Independent news giant Ben Swann was sponsored by Dash, returning from a censorship-based early retirement with a viral video about Dash. MMA fighter Rory MacDonald won the Bellator welterweight world title while sponsored by Dash, prominently displaying Dash branding in scenes that have since been used in dozens of MMA highlight reels.AND NEW! Congrats @rory_macdonald on another incredible win, displaying the heart and soul you have for this sport. #neverletup #TeamEverlast #rorymacdonald #bellator192 #redking Photo cred // @BellatorMMA pic.twitter.com/tLWsSyO1WLMedical Genomics leveraged the Dash blockchain to sequence the Jamaican Lion cannabis genome, leveraging Dash to prevent a proprietary takeover. BlockCypher and the National Renewable Energy Laboratory partnered to use Dash in cost-saving smart electricity meters, experimenting with allowing households to buy and sell excess electricity using Dash. Mining giant Bitmain released its holdings indicating a significant portion of Dash held. Fidelity revealed that held its maximum allowable stake in Dash masternode company Neptune Dash. Also, data from cryptocurrency brokerage service Uphold indicates that, in sharp contrast with those of all other supported coins, Dash users showed very high conviction in their chosen asset.Finally, Dash released an updated logo, a choice arrived upon by decentralized consensus, with a community-driven choice winning out over the initial preference of the Core team. Dash also turned 4 years old, with a 5th anniversary right around the corner, a rare feat in longevity in top cryptocurrencies.Joël Valenzuela is the editor of Dash News. He is a veteran writer and journalist in the cryptocurrency space, having written for Cointelegraph and the Dash Times, as well as for his personal site, The Desert Lynx. He also manages civic action organization the Rights Brigade and runs a taekwondo club. Dash News is the world’s premier news service covering Dash and the exciting emerging field of digital currency. We are a project of the Dash Force and are funded by the Dash DAO treasury. We are run by industry professionals and are committed to being the most trustworthy news resource on Dash and digital currency.Copyright © 2018 Dash News All Rights Reserved | Blockchain Funded By Dash DAO Treasury Thanks For Supporting Us!

Bitcoin (BTC), Cryptocurrency–While the beginning of 2019 has caused a wave of building for the hobby and adoption of cryptocurrency, coin costs took a success amidst market-wide promoting. Bitcoin, which had controlled to business with fairly low value volatility via the second one part of January, fell just about four p.c at the day, bringing its value under $3500 and drawing near the important mark of $3,000. XRP likewise dropped all over the large selloff, with costs falling over five p.c to $0.29. However, in spite of the drop in valuation, the XRP coin used to be in a position to widen the distance in marketplace capitalization between itself and third-ranked Ethereum, with the latter experiencing the worst losses of the highest five currencies. At one level, ETH used to be down over eight p.c, with the fee losing to $106 and perilous to head under $100 once more if the sell-off persevered. Rounding out the gang of most sensible cryptos, Bitcoin Cash sitting within the 6th place through marketplace capitalization had the worst day, plunging 11 p.c to a relative low in 2019 of $112. While Bitcoin Cash has controlled to stick forward of the following closest forex Litecoin as of writing, LTC and its funding base eagerly awaits the birthday party of some other “flappening” to boost their coin above a Bitcoin-derived rival. BTC, which had seemed to construct value balance into the second one month of the yr after experiencing a value drop in early January, as a substitute fell to its lowest valuation of 2019. Bitcoin losses amounted to their worst since December, with many pundits claiming that the funding ache of final yr’s undergo cycle is rearing its unpleasant head as soon as once more. As Bloomberg used to be cautious to show, the optimism of turning a brand new calendar yr led many buyers and cryptocurrency fans to wish for the most efficient, in spite of the business being down over $400 billion prior to now 365 days. With the newest spherical of marketing, all of the marketplace capitalization of cryptocurrency approaches a precarious analysis of $113 billion, down precipitously from just a little over a yr in the past, when maximum analysts have been predicting one thousand billion greenback marketplace cap to be simply across the nook. Bloomberg additionally studies that technical research for Bitcoin is taking a look similarly grim, with the business main cryptocurrency coming into a renewed promoting development for the primary time since November 2018. The final time BTC skilled a promote sign, the coin plummeted just about 50 p.c within the span of 2 weeks–a value motion that used to be induced through the business implosion over Bitcoin Cash’s contentious exhausting fork. However, now not all in cryptocurrency are dismayed through the state of the marketplace. Despite conceding that the present value melancholy may just persist for greater than a decade, with coin costs taking 11 years or longer to go back to their height of December 2017, Cardano’s founder Charles Hoskinson stays extremely positive about crypto and blockchain. As up to now reported through EWN, the IOHK CEO believes business maturation is a extra pertinent focal point than valuation, It may take 11 years for us [the crypto industry] to recuperate again to the place we have been in 2017, however we can be a dramatically other ecosystem at that time. We’ll have thousands and thousands, most likely even billions of customers. We shall be in lots of shopper merchandise, be simple to make use of, [even] grandma can use it. A large number of the exhausting stuff could have been discovered. Hoskinson additionally went on to provide an explanation for that business maturation will be the surest path to engaging institutional funding, a transfer that would supply an enormous providence for cryptocurrency. Like what you learn? Give us one like or percentage it on your buddiesoriginal post… You have reacted on "Bitcoin (BTC), Top Cryptos Fall to Lowest Point..." Giga Watt: Bitcoin Mining Company Finally Shutting... Germany’s No.2 Stock Exchange Launches Mobile App ... Cryptocurrency Regulations Moving Towards Clarity ... Here is BiTorrent’s Official List of Exchanges and... Coinbase Users Can Now Withdraw, But not Trade, th... U.S. Court After Landmark Ruling: Cryptocurrency A... Bitcoin Price Analysis: BTC Struggling but Lightni... Dow Lifeless Ahead of FOMC Minutes, Stock Market B... 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In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Click here for instructions on how to enable JavaScript in your browser. Forbes Contributor Implies Ripple is a “Scam” in JPM Coin Debate Ripple–By now, maximum cryptocurrency buyers are conscious about the stir brought about through JP Morgan Chase’s announcement to release a price-stable virtual coin to strengthen consumer transactions. On Feb. 14, the Wall Street monetary establishment broke waves within the fintech and cryptocurrency area with information of the JPM Coin, a virtual foreign money that may function an answer for pricey, gradual cross-border transactions. Unfortunately for standard blockchain-based startup Ripple, pundits had been making the declare that JP Morgan’s new product will compete immediately with the blockchain-based startup and dad or mum corporate to the XRP cryptocurrency. Similar to the serve as of XRP in Ripple’s xRapid provider, the JPM Coin will function liquidity for JP Morgan Chase shoppers sending cash globally or between establishments. In addition, the coin will likely be pegged to the cost of a unmarried U.S. buck, which has led many to seek advice from the foreign money as a “stablecoin.” However, that’s the place the similarities between JPM Coin and standard cryptocurrencies finish. For one, JP Morgan has no purpose to free up the JPM Coin at the open marketplace. Compared to XRP and Bitcoin, which function in a loose marketplace the place buyers can make investments and business at will, the JPM Coin will serve as as a device for JP Morgan’s inside cost machine. The coin has no attainable to comprehend as an asset–or therefore drop in worth–as a result of there’s no machine for speculating the associated fee or buying and selling on an change. That being mentioned, the coin does supply a conundrum for Ripple and its established cost protocol. Ripple has been billing itself as a forward-thinking method to the out of date practices of fintech. By enforcing blockchain and the developments of cryptocurrency, Ripple has been in a position to supply merchandise equivalent to xRapid to monetary establishments that strengthen upon the business same old, equivalent to SWIFT, on the subject of transaction value and velocity. JPMorgan, in no small manner, represents a rejection of Ripple’s provider–a transfer that Forbes has additionally characterised as revealing the rip-off nature of Ripple. According to Jason Bloomberg, a contributing author to Forbes and creator of the piece “JPM Coin From JPMOrgan Chase vs. Crypto Fans,” Ripple is being uncovered as a rip-off through JP Morgan, and the transfer to determine the JPM Coin is just banks getting “wise” to the placement, “While Ripple has been positioning XRP as solving cross-border financial transaction issues among banks, there are also indications that Ripple is essentially a scam. Banks around the world are getting wise, and JPMorgan has timed its release of its coin to fill the void that Ripple’s apparent dishonesty is leaving in the marketplace. “What we’re seeing is a market change triggered by Ripple and the correspondent banks in a defensive mode,” Bussmann says.” Bloomberg’s remark in opposition to Ripple, whilst missing really extensive proof, most probably encompass the corporate’s place in controlling billions of XRP. For the ones effectively knowledgeable at the scenario between Ripple and XRP, the purpose turns into a misnomer. Ripple has made common efforts to disassociate itself from regulate of XRP so that you could advertise decentralization, a characteristic that distinguishes cryptocurrencies from virtual property such because the aforementioned JPM Coin. However, the corporate does grasp a majority stake of the overall provide of XRP, despite the fact that that place is well-maintained via their escrow provider. But it’s been as factor of competition for buyers of XRP and banking establishments that can be enthusiastic about Ripple’s cost protocol with out exposing themselves to XRP. Nonetheless, the arrival of JPM Coin is excellent for each the marketplace of cryptocurrency and Ripple’s place as an innovator within the area of fintech. Similar to the loose marketplace ethos that has characterised cryptocurrency, the contest supplied through the JPM Coin and the stir it has created within the business is excellent for Wall Street adoption whilst forcing present blockchain avid gamers to up their sport. It’s transparent, at this level, that XRP isn’t the direct competitor for JP Morgan. Now it’s on Ripple and the group surrounding CEO Brad Garlinghouse to reply. Like what you learn? Give us one like or proportion it on your buddiesoriginal post… You have reacted on "Forbes Contributor Implies Ripple is a “Scam” i..." Unconfirmed: Telegram TON Network to Launch by Oct... Crypto Market Begins to Fall Rapidly Again: Bitcoi... US Advocacy Group Calls for National Action Plan o... 10 Elite Hedge-Fund Managers Made a Jaw-Dropping $... Newsflash: Amazon Leads Massive $700 Million Fundi... Litecoin (LTC) Price Analysis: Bullish Continuatio... Why the Huawei Scandal Will Reignite the US-China ... Litecoin (LTC) Lates News: Posting Highest Gains A... Crypto Broker Led by Uber and E*Trade Alums Is Goi... Jimmy Song Gives 3 Reasons Why Bitcoin SV is a Sca... jQuery('.yuzo_related_post .yuzo_wraps').equalizer({ columns : '> div' }); Notable Investor: BTC at $1,000 Calls Are Irresponsible, But Bitcoin Could Test Lows Peter Brandt, a long-standing commodities dealer and technician, not too long ago took to Twitter to put across his ideas at the present state of the Bitcoin (BTC) marketplace. Brandt, who has taken a liking to the cryptocurrency (no longer altcoins) over fresh worlds, famous that if you happen to harness the associated fee motion noticed on the backside of the former marketplace cycle (2013-2016), BTC may just retest its lows within the 3000s within the coming weeks (6-7 weeks), previous to a longer-term rally. $BTC 2013-2016 vs 2017-2019 analog comparability. Two not obligatory perspectives:1. 1-10 correction whole, however retest to return2. 1-10 correction no longer accomplished, new lows to observeThen 🍢🎢Or, simply lifeless cat soar pic.twitter.com/qAaBve87Ug Yet, he famous that there’s a risk that the general correction/bout of capitulation has but to return, thus which means that there might be decrease lows to return. Brandt, who heads Factor Trading, didn’t specify the place such lows may just fall, however he did throw out the concept that it wouldn’t be an impossibility to look Bitcoin fall beneath the $3,150 ground it established on December 14th, 2018. While Brandt made it transparent that additional falls aren’t out of the area of risk (a ways from, in reality), he made it transparent that individuals calling for BTC to fall into the $1,000 are appearing irresponsibly. In reaction to a connection with the Hyperwave idea/research manner, which states that Bitcoin may just revisit the top of the former marketplace cycle (2014-2015) at $1,200, he famous that that is “irresponsible.” Yet, many have caught with this trust. In reality, in line with previous reports from Ethereum World News, Financial Survivalism, an insurance coverage agent grew to become cryptocurrency dealer, took a public bet that the flagship crypto may just hit $1,165 ahead of $10,200. Survivalism, who’s a self-proclaimed “financial revolution prepper,” took up a bet with a fellow dealer for 0.1 BTC that the flagship cryptocurrency will achieve segment one among its Hyperwave, positioned at the place 3 figures develop into 4. Others were lest abrash with their calls, however have nonetheless claimed that BTC going sub-$2,000 wouldn’t be too nonsensical. Murad Mahmudov, as an example, has made the case during the last a number of months that historic value motion, blended with basics, alerts that there’s additional fall, even after today’s sudden $400 drop. Mahmudov of Adaptive Capital as soon as famous that the waning presence of Bitcoin-related feedback on Twitter must be a reason for worry. The dealer defined that tweets in regards to the cryptocurrency have reached 2014 ranges, less than any level in 2016, indicating that only a few folks care about decentralized, sovereign, uninflatable forex. In different feedback, he defined that from a historic research viewpoint, the general fall has but to return, noting that this nascent marketplace has most effective noticed the “baby capitulation” transfer play out. Regardless of the place BTC falls to, Brandt made it transparent that he nonetheless holds his religion within the cryptocurrency. In reaction to a remark that BTC will plummet because it “can’t scale,” the Factor Trading founder famous that Satoshi Nakamoto’s first introduction is the “legacy coin,” and all altcoins are “pretenders” which might be poised to be valued at close-to-zero. Brandt added that he already has 10% of his tradable capital divested into Bitcoin, as he believes within the asset’s narrative — probably as a virtual gold, or as the arena’s maximum safe transaction agreement layer. Like what you learn? Give us one like or proportion it in your buddiesoriginal post… You have reacted on "Notable Investor: BTC at $1,000 Calls Are Irres..." 10 Reasons Bitcoin Will Party Like 2017 for a Mass... Bitcoin (BTC) Price Analysis: Aiming for Channel T... Lightning Network is As Good As Other Traditional ... How the Electric Vehicle Industry Could Drive Cryp... Crypto Analyst: Ethereum (ETH) Major Shift Potenti... One Year Later, What’s Holding Back SegWit Adoptio... Bitcoin Expert Eviscerates US Treasury’s ‘Fascist’... Japanese “Amazon” Rakuten May Soon Accept Cryptocu... Reddit Co-Founder: Cryptocurrency Bear Market Has ... jQuery('.yuzo_related_post .yuzo_wraps').equalizer({ columns : '> div' }); JP Morgan’s Crypto is A Wet Noodle Compared To Bitcoin (BTC): Max Keiser The scathing bash of JP Morgan’s newest venture, the centralized, aptly-named JPM Coin, has endured into week two and 3. Just not too long ago, Max Keiser, an anti-establishment determine that frequents RT, took to his Twitter soapbox to poke amusing at Jamie Dimon, who as soon as bashed Bitcoin (BTC) for being a “fraud” and not using a inherent price/goal. Keiser, who has lengthy been a number one determine and voice within the cryptocurrency group, joked that JPM Coin is just like a rainy noodle when put beside BTC. Per the commentator, the marketplace took one have a look at JP Morgan’s personal virtual asset and Bitcoin and began “buying BTC aggressively.” JP Morgan’s Jamie Dimon confirmed as much as a side road struggle with #Bitcoin armed with a rainy noodle referred to as JPM Coin. The marketplace took one glance and began purchasing Bitcoin aggressively. Wall St. won’t ever catch as much as Bitcoin’s crypto dominance because it vies for international reserve standing. — Max Keiser, tweet poet. (@maxkeiser) February 24, 2019 Keiser additionally concluded that whether or not Wall Street likes it or now not, the incumbent establishments will “never catch up to Bitcoin’s dominance [in crypto] as it vies for global reserve status.” For those that ignored the memo, right here’s slightly extra concerning the Wall Street establishment’s first foray into decentralized applied sciences. Mere weeks in the past, the crypto house used to be stunned en-masse when JP Morgan divulged that it might be launching its personal cryptocurrency, which can be subsidized through bodily U.S. bucks and can first be in line with Quorum, the financial institution’s personal Ethereum-based chain. Eventually, the asset will pass multi-chain, with interoperability protocols taking into consideration JPM Coin to be transacted in numerous ecosystems. JP Morgan Blockchain lead, Umar Farooq, claimed that at last, “anything, where you have a distributed ledger, [that] involves corporations and institutions” may use the stablecoin. For now, on the other hand, the JP Morgan government made it transparent that the newfangled providing is meant to make the corporate’s $6 trillion in day by day inner, world company transactions extra environment friendly. Well, Ikigai leader funding officer Travis Kling put it perfect. In a remark conveyed to Bloomberg, Kling, an anti-establishment determine that hails from Steven Cohen’s Level72, remarked that JPM Coin can be a lot more like “a Google Sheet than Bitcoin.” In different phrases, it’s a centralized asset will little-to-zero transparency. Tom Shaughnessy, the primary analyst at Bitcoin-centric analysis unit, Delphi Digital, echoed this sentiment. Even Ripple Labs leader government Brad Garlinghouse had some selection phrases for the crypto providing. In a Twitter remark that garnered some semblance of make stronger of each the XRP and Bitcoin group, the fintech guru explained that JP Morgan’s surprising release of a virtual asset is like launching “AOL after Netscape’s IPO.” This is, after all, in connection with the earliest Internet browsers on the graduation of the primary notable Dotcom growth and bust cycle. Like what you learn? Give us one like or proportion it on your buddiesoriginal post… You have reacted on "JP Morgan’s Crypto is A Wet Noodle Compared To ..." Government Shutdown Doesn’t Stop Dow Jones from Se... Bitcoin (BTC) Spot v Futures Delta Predicted Blast... Is Walmart the Next Retail Dinosaur to Fail with A... NEO Cofounder Praises the Ethereum Dev Community, ... Max Keiser Bares Fangs, Challenges Bitcoin Naysaye... JP Morgan: Blockchain Needs To Be Separated From B... Why the Huawei Scandal Will Reignite the US-China ... Buy Traditional Assets with Cryptocurrency: Abra S... A Bitcoin ETF Will Eventually Be Approved. SEC Com... jQuery('.yuzo_related_post .yuzo_wraps').equalizer({ columns : '> div' }); CEO of Mercury FX: xRapid Ripple’s XRP Powered Payments from UK-Canada-Middle East Alastair Constance – CEO of Mercury FX, spouse of the blockchain tech orientated corporate Ripple, famous out that the company is surroundings plans in-motion to energy bills sooner the use of XRP‘s xRapid platform from UK to the Middle East and Canada. Mercury FX supplies foreign money trade in a world scale that has partnered with the team at the back of the 3rd biggest cryptocurrency via marketplace capitalization to seek out use in their cross-border cash remittance answers for less expensive and sooner transfers. “We have plans for the Middle East. We have plans for Canada, imminently. But I believe the truly thrilling factor that xRapid and Ripple brings is it if truth be told brings get entry to to new markets that possibly aren’t if truth be told available now… It’s two nations nowadays. It may well be 10 ahead of the center of the 12 months. And what stops it from being to any extent further than that?” Constance believes that xRapid may well be the closest to experiencing mainstream adoption of blockchain generation as customers will see some great benefits of this era-changing tech first hand as trx may just take best seconds in comparison to the prevailing used services and products of days: “I believe from a buyer perspective, you virtually don’t wish to display them an excessive amount of of the generation or give an explanation for an excessive amount of of why it’s running as it’s. I don’t know how a automobile works, but when it parks for me that might be even higher. And I believe it’s the similar more or less factor. But what they’re seeing is bills arriving in one-hundredth of the time they usually’re paying so much much less, if the rest, for it. And I believe that’s the important thing. So while you’re taking a look at prime quantity bills for firms serious about import/export or remittances or regardless of the case is also, while you get started to have a look at the economics of the way they stack in desire of a Ripple cost over xRapid, possibly over Swift, the numbers are if truth be told rather eye-watering.” The head of Compliance and Operations at Euro Exim Bank, Graham Bright, advised the target market on the Ripple Regional match in London that their greatest problem used to be to verify their consumers were given speedy, dependable, depended on and protected provider. He additionally explained why they selected xRapid. We want our shoppers as a way to pay us of their native foreign money. It could be very tough for them to come up with greenbacks in probably the most jurisdictions which we function. So we want to make it simple to transport budget as simply…and affordably as conceivable. Like what you learn? Give us one like or proportion it for your buddiesoriginal post… You have reacted on "CEO of Mercury FX: xRapid Ripple’s XRP Powered ..." 7 Projects Working to Make Blockchain More Opaque ... Thai Parliament Approves Amendments Allowing Issua... Billionaire Who Predicted Trump’s Rise Says Ex Sta... Ripple’s XRP Reaches Monthly Highest – EOS Continu... Maker’s MKR Crypto Outperforms in February with 37... Bitcoin Transactions Per Second Approaching All-Ti... Newsflash: Tesla Just Bought a Battery Maker for $... Ethereum Anti-ASIC Protocol Delayed As Crypto Deve... Iran Could Ban Bitcoin for Payments, Central Bank ... jQuery('.yuzo_related_post .yuzo_wraps').equalizer({ columns : '> div' }); Analyst: Pension Funds Investing in Cryptocurrency is a “Big Deal” Cryptocurrency–While the crypto markets skilled their greatest enlargement of the yr, with Bitcoin organising a brand new value excessive for 2019 above $4000, the rally used to be short-lived. Following a number of days of gradual value building up, with a punctuation in enlargement on Feb. 23, the marketplace noticed a serious downturn, with BTC falling greater than $400 within the span of hours. However, some analysts need to different signs of value enlargement for cryptocurrency which prolong past the temporary volatility. According to Peter Tchir, a contributing analyst for Forbes, the rise in crypto-based pension investments is a bullish signal for marketplace enlargement and trade adoption. Tchir cites early February’s announcement of Morgan Creek’s $40 million Blockchain Venture Capital Fund, which used to be subsidized by means of two separate pensions answerable for Fairfax County, Virginia’s police officer and state worker finances. Together, the pensions set up a collective $5.1 billion in belongings, giving some indication to the burden of funding being put at the back of the verdict to start out backing cryptocurrency. Tchir used to be additionally inspired by means of the improvement of University of Michigan and different high-profile universities starting to again cryptocurrency finances in droves, with the analysts stating the herbal courting between collegiate establishments supporting a product that has the overwhelming choose of millennial and younger traders. Tchir is going directly to checklist quite a few explanation why cryptocurrency traders will have to take realize at the conduct of pensions, starting with the exclusivity and issue of having pensions to spend money on tasks, “It is extremely difficult to get pension funds to make allocations into new asset classes.  I have worked with pension funds and they generally have a lot of rules, regulations and procedures that they need to follow.” As Tchir issues out, public pension finances are ruled by means of mandates and basic funding conduct that shuns industries and tasks with passing passion. The indisputable fact that more than one pension finances are actually turning to Bitcoin and cryptocurrency for long-term funding provides a excellent indication that monetary professionals and analysts are turning certain at the trade’s outlook. In addition, the motion of FairFax County, University of Michigan and different massive identify finances is prone to have a snowball impact at the pension funding panorama. According to Tchir, “If some funds [invested in cryptocurrency], it is likely other funds will too.” The barrier to access for making an investment in cryptocurrency–i.e. being the primary mover–has most probably behind schedule the doorway of pensions into the trade longer than it will have another way. Whether as a result of the belief of cryptocurrency, the danger inherent available in the market volatility and loss of law, or the waning public belief following 13 months of undergo marketplace prerequisites, nearly all of pensions have to this point have shyed away from crypto finances. However, it’s transparent that the passion of pension fund experts is changing into extra receptive to cryptocurrency, with the Morgan Creek announcement being the primary of what may just develop into many massive, public pension finances to spend money on cryptocurrency. As Tchir places it, the methodical nature of pension fund experts–which has a tendency to be exceedingly wary and analytical about getting into a brand new and imaginable risky marketplace–may just provide a “game changer for the market” if cryptocurrency and virtual belongings turn out to be winning. Like what you learn? Give us one like or percentage it on your buddiesoriginal post… You have reacted on "Analyst: Pension Funds Investing in Cryptocurre..." US Regulators File Charges Against Apple Insider T... ‘No Cave!’: Trump Won’t End Shutdown without ‘Powe... Dow, Bitcoin Flash Green as US Stock Market Guns t... Trump: I’ll ‘Devastate’ Turkey’s Economy if They A... Details of NEO 3.0 to be Announced Next Month. Cof... Blockchain Project Polkadot Plans ICO to Raise Ano... Crypto Analyst: Ripple Labs (XRP By Extension) Gai... China’s Uber-Killer Didi Suffers $1.6 Billion Loss... How BlockEx Went from $24 Million ICO to Layoffs i... jQuery('.yuzo_related_post .yuzo_wraps').equalizer({ columns : '> div' }); Bitcoin (BTC) Spot v Futures Delta Predicted Blast Past $4k. More to come? Those investors who’ve been carefully following the bitcoin spot and futures costs, and the connection between the 2, may have spotted the little dance that started on 16 February. The quickstep is going by way of the title of contango, and it isn’t a dance in any respect however the measure of the top class in the cost of a futures contract over the underlying asset. For the primary time since November remaining 12 months the BTCUSD futures value went into contango. Since the 16 February that contango has been pushing upper at the quarterly contract to achieve an all-time prime, appearing as a predictor of the surge of bitcoin above $4,000. Joe McCann, head of systematic buying and selling for virtual asset methods at San Francisco founded Passport Capital, the funding area based by way of John Burbank III in 2000, shared his ideas at the delta of BTC futures/spot together with his Twitter fans, and as you’ll see from the tweets reproduced beneath, the smash within the pattern is unmistakeable. Passport Capital companions come with Pantera and Polychain Capital. The value since November has been in a state of “normal backwardation”, the place the spot value is beneath the cost of the futures contract. The flipping of that place implies that the bitcoin futures marketplace thinks the supply value might be upper than that signalled by way of the present spot (forwardation), which can also be interpreted as a bullish indicator, assuming that the contango holds and open hobby positions proceed to upward thrust, which they’re. The charts beneath display the Delta between spot and quarterly futures costs (BTCUSD). Delta in McCann’s charts jumped from 0.01 on 16th to 106.83 at the 20th. “#Bitcoin quarterly futures’ contango continues to tear to new highs. Need a couple of extra days of this to substantiate a broader pattern trade however fairly bullish, IMO”. On 20 February, 3 days sooner than the most recent breakout started, the contango rocketed. Delta is a measure of the quantity that an possibility value adjustments according to the motion of the underlying asset. A choice possibility, purchased when a dealer expects the cost of an asset to upward thrust and due to this fact desires to take an extended place, may have a delta someplace throughout the vary Zero to one.0, and a put possibility (the place a dealer expects costs to fall) a ratio of o to -1.0. -1.Zero to one.Zero is now and again expressed as -100 to 100, relying on conventions used. A delta studying of 0.Five in a choice possibility approach a one level upward motion would go back 50% within the possibility value. It could be, in choices lingo, “in the money” (ITM). McCann is the usage of other expressions in his chart, possibly to take account of the variation between the ahead value and the futures value in addition to the ahead value delta of forwards (phew). A ahead is outlined because the trade within the worth of the ahead with admire to a direct trade in the cost of the underlying asset, all different issues being consistent. Put in a different way, sporting prices should be taken under consideration, which means that  the variation between the price of protecting the spot (bitcoin custody) and the price of protecting the spinoff (hobby on margin). However, as delta is used for surroundings hedges on valuations versus being worried about long term adjustments in ahead costs, investors in truth are satisfied to suppose ahead delta of one.0 (delta all the time approaches 1.Zero because the contract approaches adulthood to compare the cost of the underlying). Another manner of taking a look at delta is because the chance {that a} contract will expire within the cash, which means that when it comes to a choice possibility this is expires above the strike value paid. The CBOE contract represents one bitcoin whilst within the a lot better CME marketplace a freelance represents Five BTC. The regulated BTC futures marketplace is a trifling fraction of the quantities traded at the likes of Hong Kong-based BitMEX and Japan’s BitFlyer.

Society! Check out the Nakamoto Institute for this and an incredible list of other literature to explore. https://nakamotoinstitute.org/right-to-read/ Shout out to our first Patron, Jesse Lawler! Thanks so much for supporting the show, plus all the help you've been over the last year, and of course, welcome to the Cryptoconomy Telegram Crew! If anyone else wants to support the audification of all brilliant things written about Bitcoin, become a patron and help make it happen. https://www.patreon.com/thecryptoconomy34:50August 9, 2019CryptoQuikRead_281 - Unpacking Bitcoin's Assurances [Nic Carter]We make claims about Bitcoin's assurances all the time.  It is censorship resistant, it's open and permissionless, it's counterfeit proof, etc.  But are these things entirely true? When someone wants to acquire, use, or validate Bitcoin, how well do the claims match reality? Today we cover another great article from @nic_carter titled: "Unpacking Bitcoin's Assurances."  Don't forget to follow Nic on Twitter and Medium, and drop some applause on the original article at the link below: d3f0 Mentioned again because it always seems to come up in discussion, the great piece by @hasufl and @zhusu about Bitcoin as an independent system for property rights: n--the-Promise-of-Independent-Property-Rights-e3j6b8 If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below! https://www.patreon.com/thecryptoconomy49:45August 7, 2019CryptoQuikRead_280 - My Path to Bitcoin Maximalism [Ben Perrin]Today we read an excellent article by Ben Perrin (@Btcsessions) laying out an excellent argument that reveals #BitcoinMaximalism as the meticulous and thoughtful position it actually is.  Rather than the arbitrary, religious, & closed-minded position many altcoiners would want you to believe. Drop some applause on the Medium article for the great work! 6cb5 Follow @BTCsessions on Twitter and Youtube for tons of great content! https://www.youtube.com/c/btcsessions https://twitter.com/BTCsessions To dig a little deeper into topics mentioned in this episode, here are a few other works I recommend: Unpacking Bitcoin's Social Contract by Hasu ing-Bitcoins-Social-Contract-e2oct5 BetterHash - Decentralizing Bitcoin Mining... by StopAndDecrypt Hash--Decentralizing-Bitcoin-Mining-with-new-Hashing-Protocols-e4nn6i Bit Gold by Nick Szabo ld-e4o0vp If you love the show and would like to support and get access to the exclusive Cryptoconomy telegram group, become a patron below! https://www.patreon.com/thecryptoconomy54:17August 6, 2019CryptoChat_018 - Investigating Bitcoin with Aaron Van WirdumToday we have on the show one of the best journalists in the Bitcoin ecosystem, Aaron Van Wirdum!  We chat about his path to finding Bitcoin, his process in investigating protocol developments, social impacts of paradigm shifting technology, the growing need and coming battle for privacy, his most anticipated new tech, and much more!   You'll find over 300! amazing articles by Aaron at https://bitcoinmagazine.com/authors/aaron-van-wirdum. And don't forget the great pieces available in the new 10th Anniversary Print Edition of the magazine! Get your copy = https://store.b.tc/ Here are a number of the previous articles of Aaron's that we've now got in audio + commentary: Statechains: Sending Keys Not Coins hains--Sending-Keys-Not-Coins-e4mue1 Bitcoin as a Privacy Coin n-as-a-PrivacyCoin-e2ndpr Understanding Lightning Parts 1-3 tanding-The-Lightning-Network-Part-1-e2ndtd tanding-The-Lightning-Network-Part-2-e2ndt4 tanding-The-Lightning-Network-Part-3-e2ndtc Genesis Files: e2ndr5 ndrl Atomic Swaps: How Lightning Extends to Altcoins -Swaps--How-the-Lightning-Network-Extends-to-Altcoins-e2ndsm If you are appreciating the show and would like to support and become a part of the exclusive Cryptoconomy telegram group, become a patron below! https://www.patreon.com/thecryptoconomy1:14:31August 5, 2019GuysTake_020 - How Bitcoin Could Bring Down the StateInflation, 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.   Following Hulsmann's work, Deflation & Liberty, we have a foundation to understand how deflation, and sound money, strips the false elites of this power.  Bitcoin isn't a new player, Bitcoin is a whole new game. Today we have a Guy's Take follow-up to Hulsmann's great work, and a conversation on how Bitcoin could bring down the state. Other Episodes & Works mentioned in today's show: Jorg Guido Hulsmann's, Deflation & Liberty ion--Liberty-Part-1-e4q6gc ion--Liberty-Part-2-e4qpvp Conner Brown's, Bitcoin Has No Intrinsic Value n-Has-No-Intrinsic-Value---Thats-Great-e43bcm Simon Lutz's, Keynesian Errors on Time and Demand great-e6994adbfe0f Thomas Sowell's, Applied Economics: Thinking Beyond Stage One 0034511:15:28August 2, 2019CryptoQuikRead_279 - Deflation & Liberty [Part 2 - Jörg Guido Hülsmann]"If Bitcoin's supply is expected to be endlessly deflationary, doesn't this ensure a never ending, economy destroying downward spiral?" Today we conclude with Part 2, Hulsmann's incredible work on the consequences and nature of deflation and what it means for liberty. Continuing a 3 episode answer to this critically important question we finish Jörg Guido Hülsmann's amazing piece, available thanks to the Mises Institute: Deflation & Liberty https://mises.org/library/deflation-and-liberty-1 We will conclude the argument for the liberating powers of deflationary money with a Guy's Take episode breaking it all down.  Subscribe and stay tuned so you don't miss it!39:54August 2, 2019CryptoQuikRead_278 - Deflation & Liberty [Part 1 - Jörg Guido Hülsmann]When we think about the unmatched scarcity of Bitcoin as a monetary good (particularly after looking at @100trillionUSD's stock-to-flow model), it inevitably leads to an important question.  If Bitcoin's supply is expected to be endlessly deflationary, doesn't this ensure a never ending, economy destroying downward spiral?  Doesn't deflation halt economic growth and investment? Beginning a 3 episode answer to this critically important question we start by reading Jörg Guido Hülsmann's amazing piece, available thanks to the Mises Institute: Deflation & Liberty https://mises.org/library/deflation-and-liberty-1 We will conclude the argument for the liberating powers of deflationary money with a Guy's Take episode breaking it all down.  Subscribe and stay tuned so you don't miss it! And to get started with eToro, our awesome sponsor for the show, click the link below: http://go.thoughtleaders.io/119592019073140:16July 31, 2019CryptoQuikRead_277 - Modeling Bitcoin's Value with Scarcity [100trillionUSD]The incredible model for predicting and assessing the value of the Bitcoin network by @100trillionUSD is analyzed in his exceptional article that we read on today's show, "Modeling Bitcoin's Value with Scarcity." With an R^2 above 95%, if you plan for a bitcoin future without closely assessing this model, you are ignoring a powerful indicator.  Hear all about what it means for "orange coin number" in today's episode! Don't forget to drop some major applause for the excellent work at the original article: ty-91fa0fc03e25 Be sure to follow @100trillionUSD on Twitter so you don't miss out on his continuous amazing work: https://twitter.com/100trillionUSD Other episodes mentioned in the show to dive deeper: Conner Brown's - Bitcoin has no Intrinsic Value, & that's Great! n-Has-No-Intrinsic-Value---Thats-Great-e43bcm Money, Blockchains, & Social Scalability -Blockchains--and-Social-Scalability-e2ndsj Shelling Out: The Origin of Money of-Money-e2ndom If you want to support my work and be a part of the exclusive Cryptoconomy Telegram group to get the inside scoop on the show and what other things I'm working on, become a patron! https://www.patreon.com/thecryptoconomy59:42July 30, 2019CryptoChat_017 - Reminiscing with Car & Bird on a Crazy Year & a Changing WorldIf you haven't listened to the earlier episode where I went on the Friends Against Government Podcast, then you no longer have to miss out! A year later, we get back together & talk about what a crazy year it has been in Bitcoin, podcasting, & the increasingly confused world.  Just an awesomely fun time! Check out the Friends Against Government Podcast.  Entertaining, informative, & just the right amount of absurd! uB9g41EA And follow the guys of twitter for some Grade-A, Anti-Govt trolling: https://twitter.com/FAGCAST https://twitter.com/CarCampIt https://twitter.com/birdarchist And don't forget to start playing around with the awesome platform + app of our newest sponsor, eToro: http://go.thoughtleaders.io/11958201907291:34:37July 29, 2019CryptoQuikRead_276 - More Immutable than Stone [Simon Lutz]We start today's show reading a short Twitter thread by @simonlutz21 which sparks a fun discussion about the presence of Proof-of-Work in nature, the awesome utility of immutability, and the power of Bitcoin's inalterable ledger.   Like the original thread by Simon by following the link below: https://twitter.com/simonlutz21/status/1145009553874010112 Don't forget to check out the presentation by Andreas on "immutability and proof of work": https://www.youtube.com/watch?v=rsLrJp6cLf4 And if you would like to support the show, become a patron! https://www.patreon.com/thecryptoconomy25:26July 26, 2019CryptoQuikRead_275 - Bit Gold [Nick Szabo]There were many precursors to the Bitcoin system, but IMO, none came as close to correctly defining the problem, & solving the key issues of trust as Nick Szabo's Bit Gold concept.  Reading another great piece made available by the Nakamoto Institute, we read and discuss the incredible prescience of Szabo through one of Bitcoin's forefathers, Bit Gold. Check out the amazing collection of literature at the Nakamoto Institute and see the original piece at the link below: https://nakamotoinstitute.org/bit-gold/ Other great work from Nick Szabo includes the #1 must read of anyone who wants to understand Bitcoin, "Shelling Out, The Origins of Money" of-Money-e2ndom Securing Property with Owner Authority: ng-Property-with-Owner-Authority-e2ndqs Another I forgot to mention that pairs well with today's episode, "Formalizing Network Realtionships" -Formalizing--Securing-Network-Relationships-Part-1-e3953d And Lastly @Hasufl and @zhusu's piece "Bitcoin and the promise of Independent Property Rights" n--the-Promise-of-Independent-Property-Rights-e3j6b8 Don't forget to download and check out the eToro Bitcoin exchange and app at the link below: http://go.thoughtleaders.io/119572019072540:35July 25, 2019CryptoQuikRead_274 - BetterHash, Decentralizing Bitcoin Mining with new Hashing Protocols [StopAndDecrypt]What if we already had a solution to one of the biggest threats to the Bitcoin network, but simply weren't implementing it?  Today we read another great piece by @stopanddecrypt breaking down the numerous vulnerabilities of centralized mining pools, that simply wouldn't exist, with the implementation of a @TheBlueMatt's new hashing protocol, #BetterHash. Drop some applause on the original article & check out the library of work on StopAndDecrypt's Medium page: -with-new-hashing-protocols-291de178e3e0 https://medium.com/@StopAndDecrypt Other resources & media mentioned on the show: https://bitflash.club/ Hash-Aims-to-Increase-Bitcoin-Mining-Decentralization-e2ndro um-Blockchain-Exceeds-1TB-e2nds8 Support my work and join the official #CryptoconomyCrew telegram group by becoming a patron: https://www.patreon.com/thecryptoconomy49:08July 24, 2019CryptoQuikRead_272 - Keynesian Errors on Time and Demand [Ben Kaufman]What if there was a single, fundamental flaw in Keynesian economic theory that could shed light on the major imbalances and debts that have resulted from our monetary system? Does "spending" and consumption of resources truly make us wealthier? Ben Kaufman lays out the argument for how "Time" is the missing piece in the failed Keynesian puzzle. Drop some applause on the original article at the link below, and don't forget to check out and follow Ben for his future work: eeae2c7110 https://twitter.com/_benkaufman I also mentioned in the show a comic book that excellently explains the process of economic growth, spending, and savings. If you haven't read it, its not to be missed: -it-doesnt/ Another big thanks to our sponsor eToro! Setup your account and start using their platform in just a few minutes at the link below: http://go.thoughtleaders.io/1195620190723 1:02:51July 23, 2019CryptoQuikRead_272 - Statechains, Sending Keys Not Coins [Aaron Van Wirdum]From Bitcoin Magazine, today we read Aaron's piece on the recently conceptualized "Statechains" from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins.  Don't miss the read & a really fun discussion about the tech to follow. Check out BitcoinMagazine.com for the full article and the best place for Bitcoin news and information! Dropping a link to Aaron's main page because he has a number of recent articles that are also wonderful (specifically recommend "The 'Noinput Class'") s-to-scale-bitcoin-off-chain https://bitcoinmagazine.com/authors/aaron-van-wirdum https://twitter.com/AaronvanW If you enjoy this show and would like to support my work, become a Patron! https://www.patreon.com/thecryptoconomy35:19July 22, 2019CryptoQuikRead_272 - Letting a Million Channels Bloom [Rusty Russell & Joe Netti]The Lightning Network does, in fact, have scaling problems of its own. When the network grows to millions of channels we obviously won't be able to run it on a Raspberry Pi.  Don’t tell Rusty Russell or Joe Netti that, because they'll just build their own network and do it.  Another major milestone in Lightning development, the release of the Million Channels Project! Today we are reading & discussing, from the Blockstream blog, “Letting a Million Channels Bloom.” Check out the official post for the network data, charts and optimization benchmarks. Follow the blog and developers involved to stay up on the incredible work they are doing to bring Lightning to the world. 28660b https://twitter.com/rusty_twit https://twitter.com/JoeNetti Lastly a huge thanks to our new sponsor, eToro! Don't forget to check out the exchange and let me know if you went long or short Bitcoin 😉 eToro -  http://go.thoughtleaders.io/102612019063041:02July 19, 2019CryptoQuikRead_271 - Bitcoin's Energy Consumption is a Necessity [Daniel Wingen]... And one of the greatest natural subsidies for renewable energy we could've asked for.   Today we hit a piece by Daniel Wingen. A thorough breakdown of the essence of mining, the necessity of its energy expenditure, the incentives for efficiency and renewable sources, and the unbelievable cost that is being rescued from wasteful alternatives. Not only is Bitcoin's energy consumption not a problem, it could be exactly what we need for a brighter future. Check out the full article and many links to other great works. A number of great charts and tables illustrating the argument to explore as well: ity-and-has-positive-impact-on-the-environment-752502288082 Don't forget to check out Daniel's other works and follow him on Twitter and Medium: https://medium.com/@danielwingen https://twitter.com/danielwingen1:18:16July 18, 2019CryptoQuikRead_270 - Investing in Bitcoin [Hasu & Su Zhu]Today we read yet another great piece by @hasufl and @suzhu available on uncommoncore.co on the core value offered by Bitcoin as a system and the high level trends in macroeconomics and technology that could lead to enormous future demand for just such an asset.   A big thanks as always to the amazing work produced by Hasu and Su Zhu. You must check out their blog over at uncommoncore.co where you can find many other great works for understanding Bitcoin's nature. Below I've linked to the ones we have covered previously on this show: An Honest Account of Fiat Money: est-Account-of-Fiat-Money-e2ndo3 Unpacking Bitcoin's Social Contract: ing-Bitcoins-Social-Contract-e2oct5 Bitcoin and the Promise of Independent Property Rights: n--the-Promise-of-Independent-Property-Rights-e3j6b8 Bitcoin As a Hedge Against the Cashless Society: n-is-a-Hedge-Against-the-Cashless-Society-e3l5ne51:02July 16, 2019CryptoQuikRead_269 - Bitcoin is a Human Right [Nik Bhatia]Finishing this week out with a short but wonderful introductory article by Nik Bhatia. Bitcoin is a money, a game, a land grab, works like email, and ultimately, Bitcoin is a human right. My discussion afterward may have gotten a little out of hand with a 40 minute follow-up to a 5 minute article. But when a good article sparks great ideas, sometimes its just hard to stop. ;) Today we read and discuss Nik’s excellent piece, “Bitcoin is a Human Right” 34 Don’t forget to follow Nik Bhatia on twitter and medium and check out his other great work: https://twitter.com/timevalueofbtc Check out the other great pieces of Nik's we have covered on the show in the past: The Time Value of Bitcoin: me-Value-of-Bitcoin-e2ndq2 The Bitcoin Second Layer: tcoin-Second-Layer-e2ndqd The Business of Bitcoin Cold Storage: siness-of-Bitcoin-Cold-Storage-e2ndoj The Bitcoin Risk Spectrum: tcoin-Risk-Spectrum-e2ndr749:16July 12, 2019CryptoChat_016 - Lightning is a Breez with Roy SheinfeldThe Lightning protocol has made some major leaps in the last few months, and the software landscape has changed massively in the same span!  Here to talk all about the Breez lightning service that has been an absolute pleasure to play with, we have the CEO, Roy Sheinfeld, joining us on the show! If you wanted to hear how their team is creating a seamless experience in Lightning & what it will take to bring it to the everyday user, don't miss this chat! Dont' forget to follow @breez_tech on Twitter! https://twitter.com/Breez_Tech Join their telegram to talk with the community and share your ideas: https://t.me/breez_lightning Check out the website to download the app and learn more about the company: https://breez.technology/1:18:46July 10, 2019CryptoQuikRead_268 - Major Developments in LND 0.7 Tomorrow we have an awesome interview with Roy Sheinfeld all about the Breez Lightning service! To set the stage, today we dive into the recent Lightning Labs Blog post on the incredible improvements in the 0.7-beta release. Followed with a fun discussion on the major developments and what it will mean for the UX, reliability, and further improvements of the Lightning ecosystem. If you need you Lightning Fix, this is where you'll find it. Don't forget to follow the blog and Twitter handles to stay up on what the Lightning Labs team is building!  Development is happening at a lightning fast pace and the team is straight fire! ml https://twitter.com/lightning The amazing team (twitter links included): https://lightning.engineering/team.html Check out the interview that Stephan Livera did with Conner Fromkneckt for a more in depth discussion of Wathctowers: https://stephanlivera.com/episode/83 And the earlier episode mentioned on "Lightning Wumbology!" m44:38July 9, 2019CryptoQuikRead_267 - Everyone's a Scammer [Michael Goldstein]Merchants are scammers, Keynesians are scammers, altcoins are scammers, Bitcoin "investments" are scammers, scammers are scammers, and even Bitcoin hoarders are scammers.  Everyone's a scammer. There is a key list of works that are simply the "must reads" of the Bitcoin space if you want to understand the true nature of the new economic incentives and the technology behind it.  "Everyone's a Scammer" by Michael Goldstein, is one of those works.  Another piece that stood the test of time made available by the Nakamoto Institute, not to be missed by any serious Bitcoiner out there. Don't forget to check out Goldstein's amazing work and the enormous collection of quintessential Bitcoin writings over at the Nakamoto Institute: https://nakamotoinstitute.org https://nakamotoinstitute.org/mempool/everyones-a-scammer/43:35July 8, 2019CryptoChat_015 - Alex Adelman on Stacking Sats & Saving Money with Lolli I was lucky enoughThe Cryptoconomy PodcastBy Guy SwannReading all the best works, chatting with the greatest minds, and discussing the most fascinating topics as we explore the Bitcoin rabbit hole. Welcome to the Cryptoconomy!Starting in undefined…00:0035:061xRead_389 - Dear Family, Dear Friends [DerGigi]"As a friend of mine likes to say: Bitcoin is pieces of super-gold flying inside an unstoppable PayPal. It is the best money we ever had."  - Gigi Another great piece by Gigi (@Dergigi on twitter) that takes a step back and just tells the message of Bitcoin without all the usual over-complication. Ignore the monetary history, don't explain the underlying technology, lets not cover the crucial cryptographic imperatives or the game theory, and lets address the common sense reasons that Bitcoin exists, and how we should be think of it as we move into the future. A brilliant piece as usual from Gigi, check out the original below, "Dear Family, Dear Friends" and drop some applause on Medium ALSO don't forget to check out the additional resources I forgot to talk about at the bottom of the article: https://medium.com/@dergigi/dear-family-dear-friends-6ef7ee7a1a2b Gigi's comprehensive resources to explore further down the Bitcoin Rabbit Hole: https://bitcoin-resources.com Much love to our amazing sponsor and the incredible team over at Swan Bitcoin. Making the Audible of the Bitcoin space available to all Invest in sound money, automatically, easily, and responsibly at Swan Bitcoin. - https://www.swanbitcoin.com/guy58:34May 1, 2020Read_388 - Bitcoin is a Catalyst for Human Evolution [Brandon Quittem]"Mycelial networks act as a resource transport layer and communications network connecting organisms in the biosphere. This enables organisms to voluntarily trade resources and knowledge across species lines. Increasing trade leads to increased specialization (division of labor), further increasing biodiversity (wealth and resilience) in the ecosystem."        - Brandon Quittem After the long wait, we are finally covering Part 4, the conclusion, of Quittem's incredible "Mycelial Money" series, exploring Bitcoin as a catalyst for the evolution of our species. Drop some applause here 👏🏻-> lution-symbiosis-part-4-4-4c6563cb9254 Listen/Read parts 1-3 below: Bitcoin is a Decentralized Organism 1/4: • Audio: n-is-a-Decentralized-Organism---Mycelium-Part-1-e2sarg Bitcoin is a Social Creature 2/4 • Audio: n-is-a-Social-Creature--Mycelium-Part-2-e3iq3u Bitcoin is the Antivirus 3/4 • Audio: n-is-the-Antivirus-Brandon-Quittem-e4vmac Danny Hillis - Back to the Future of 1994: https://www.youtube.com/watch?v=gdg4mU-wuhI&t= Use of Knowledge in Society: -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 Money, Blockchains, and Social Scalability: -Blockchains--and-Social-Scalability-e2ndsj Don't forget to start your Bitcoin saving plan. Don't let the future pull the rug out from under you. Invest in sound money, automatically, easily, and responsibly at Swan Bitcoin. - https://www.swanbitcoin.com?grsf=yg8ftt1:07:50April 30, 2020Read_387 - Anatomy of the State - Part 2 [Murray N. Rothbard]"What the State fears above all, of course, is any fundamental threat to its own power and its own existence"                        - Murray N. Rothbard The epic conclusion to Murray Rothbard's Anatomy of the State. What is the ultimate end of state power? Can we test to see if the State is in fact interested in its own survival, or if its interested in the protection of its citizens? And how does Bitcoin alter this ancient dynamic? This and more in todays read. Check out Mises.org for the amazing library of work made available for free! https://mises.org/library/anatomy-state Don't forget to start your Bitcoin saving plan. Don't let the future pull the rug out from under you. Invest in sound money, automatically, easily, and responsibly at Swan Bitcoin. - https://www.swanbitcoin.com?grsf=yg8ftt Don't forget you can support the show by becoming a patron, or find out sponsorship details at sponsor@thecryptoconomy.com. patreon.com/thecryptoconomy55:31April 28, 2020Read_386 - Anatomy of the State - Part 1 [Murray Rothbard]"The greatest danger to the State is independent intellectual criticism."                            -Murray N. Rothbard Another piece made available thanks to the amazing team over at the Mises Institute, we dive into the first half of the essential work by Murray N. Rothbard, Anatomy of the State. A critical and objective view of what the tools and means of the state are, and how they differ from the average man. Trigger warning, some of it might be hard to hear. Check out Mises.org for the amazing library of work made available for free! Don't forget to start your Bitcoin saving plan. Don't let the future pull the rug out from under you. Invest in sound money, automatically, easily, and responsibly at Swan Bitcoin. - https://www.swanbitcoin.com?grsf=yg8ftt Don't forget you can support the show by becoming a patron, or find out sponsorship details at sponsor@thecryptoconomy.com. patreon.com/thecryptoconomy1:03:43April 27, 2020Read_385 - Bitcoin & the Technological Evolution of the Financial System [BitcoinTINA]"I think of Bitcoin as a conservative investment because it’s so superior to gold. The value of it should wind up at least equal to gold’s..." - BitcoinTINA Reading a piece by BitcoinTINA summarized from the BitcoinMagazine series on how Bitcoin is a fundamental shift in the nature of money, and how quickly everything could change despite how difficult to imagine it may be. Posted with other great work on the Swan Signal blog, we read "Bitcoin and the Technological Evolution of the Finanical System." Link to the Blog, plus the other great reading mentioned in the article: -the-financial-system The 4 part Bitcoin Magazine series where TINA dives deeper into these ideas: cast-series Don't forget to start your Bitcoin saving plan. Don't let the future pull the rug out from under you. Invest in sound money, automatically, easily, and responsibly at Swan Bitcoin. - https://www.swanbitcoin.com?grsf=yg8ftt Don't forget you can support the show by becoming a patron, or find out sponsorship details at sponsor@thecryptoconomy.com. patreon.com/thecryptoconomy44:22April 24, 2020Read_384 - A Declaration of Monetary Independence [Brady Swenson]"We Hodl these truths to be self evident" - Brady A Declaration of Independence for the age of the separation of money and state. When a monetary system becomes a burden, a means not to help the public good, but to sicken and destroy it, it is the right, and the duty of the people to throw off such system. This is why we are here, and this is why we run our nodes, defending the network from those that would alter the money for their benefit, and our expense. The original is below so that applause may be given 👏🏻👏🏻 nce-4da96af54e62 Leave you signature on the Twitter thread below: https://twitter.com/CitizenBitcoin/status/1251396546333159424 Support the companies that build for a Bitcoin future, and do so knowing the reasons why. Swan Bitcoin is the best place to buy Bitcoin, from true Bitcoiners. https://www.swanbitcoin.com?grsf=yg8ftt 35:06April 24, 2020Chat_36 - How the Dollar Destroys Society with Bottomshelf BitcoinIf finding out how the banking system is systematically ripping you off doesn't make your angry, then you're already dead. Had an awesome discussion with Josh of Bottomshelf Bitcoin fame! Going through the incredible theft and engineered fragility of our monetary system. How it induces the boom and bust cycle, builds unsustainable imbalances, fuels irresponsible behavior, rewards those who waste resources, lies to us about our wealth, and manages to have us owing all of our life's work to a banking elite that never earned any of it. Josh and I have an awesome chat, and you don't want to miss it!🔥 If you haven't heard it yet, Ep. 53 with Carlos from Satoshi's Games is excellent: atoshis-Games-Episode-53-e8fstc A huge thanks to Swan Bitcoin for supporting the Audible of Bitcoin, supporting the education on the principles and philosophy behind Bitcoin, and making it accessible to all! Show some love, and get the best Bitcoin Savings Plan out there! https://www.swanbitcoin.com?grsf=yg8ftt 👈🏻1:24:45April 22, 2020Read_383 - The King of Blockchains, How Bitcoin Can Become the Foundation of Web 3.0 [Muneeb Ali]"As the crypto industry makes progress toward Web 3.0, we’ll come to realize that it’s hard to beat the security and network effects of Bitcoin." - Muneeb Ali Another great article from Bitcoin Magazine, this one by the founder of Blockstack, Muneeb Ali, on the superior security and foundation that Bitcoin can provide to Web 3.0.  How its perceived "limitations," may be what makes it the best foundation we could have.   It also sparks a long Guy's Rant on the value of on-chain vs off-chain contracts, the doubts on the "tokenization of everything," & why smart contracts are only as good as the token they contract in (not the other way round). This isn't to be missed. Check out the other great stuff at Bitcoin Magazine that I won't be able to cover, plus the original articlewith links to dig further in at the link below: an-become-the-foundation-for-web-3-0 Mentioned in the episode for further Rabbit Hole Research: Szabo's "The Dawn of Trustworthy Computing" wn-of-Trustworthy-Computing-Nick-Szabo-e2ndr3 BitcoinHalving.com 21 Hour Live Stream: https://www.bitcoinhalving.com/ Don't forget to check out Swan Bitcoin! Start your Bitcoin savings plan by clicking here https://www.swanbitcoin.com?grsf=yg8ftt 👈🏻 45:48April 21, 2020Read_382 - This is Not Capitalism [Allen F. & Sacha M.]You are not going to want to miss this incredible piece on exactly how far we have strayed from anything resembling "capitalism," or even the goal of accumulating and growing the capital that improves our lives. "This is your brain on central banking, regulatory capture, and financialization."  - Sacha & Allen Check out the original and hit that clap button excessively on both Allen and Sacha's pages below 👏🏻👏🏻👏🏻 • 9 • https://medium.com/@sachameyers/this-is-not-capitalism-7d5ab7b31f90 Don't forget to check out Swan Bitcoin and start your Bitcoin savings plan by clicking here https://www.swanbitcoin.com?grsf=yg8ftt 👈🏻1:05:04April 20, 2020Read_381 - An Important Reminder... [Marty Bent]"You can't dictate how people should use bitcoin. Bitcoin has certain properties that enable different use cases. The predominant use case will fluctuate over time. Get over it."  - Marty Bent An Important reminder from Uncle Marty: Bitcoin has value because of what it enables. It is the market that will find its highest value purpose, and it will be used in all the ways it will best serve the economy. Neither you nor I, fortunately, get to decide how Bitcoin will be used or valued. Don't forget to check out Marty's Bent, a daily newsletter with tons of incredible insight and fun ideas: https://tftc.io/martys-bent/ If you haven't heard it, The Use of Knowledge in Society is one of the most important pieces I've covered on this show. Listen at the links below: Part 1 - -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 Don't forget to start your Bitcoin savings plan at the link below. The value of a sound digital asset in these uncertain monetary times cannot be overstated. Start your investment in the future today: https://www.swanbitcoin.com?grsf=yg8ftt 28:32April 17, 2020Read_380 - Choose Your Fiction [Arthur Hayes]"All I know is the setup for bitcoin, the hardest form of digital money, could not be better. All manners of trust have evaporated. In order to solve for demand and supply destruction, governments will embark on the greatest fiscal stimulus binge the world has ever seen."  - Arthur Hayes The time has come to put our cards on the table and place our bets. Where do you stand? Check out this article plus tons of other great research on any Bitcoin topic you could dream up at the Bitmex Blog: https://blog.bitmex.com/choose-your-fiction/ Start your Bitcoin Savings Plan at the Swan Bitcoin link below! https://www.swanbitcoin.com?grsf=xngc0c46:58April 15, 2020Chat_35 - Catch-22 Trillion with the Raleigh BitcoinersYou’re in for a marathon of a meetup today! The Raleigh Bitcoin Crew goes down the rabbit hole with… Infinite money printing Who really runs things? Inflation and the Fed’s Great Scam How trustless money leads to greater trust Price “gouging” or price “discovery”? Monopolies & the Govt Anti-trust laws and predatory pricing The last halving & the Bitcoin price Quantitative Hardening & more! Don't forget to subscribe and check out the Raleigh Bitcoin Meetup Pod so you don't miss the rabbit holes we travel every week.🔥 anchor.fm/raleigh-bitcoin-meetup3:16:28April 14, 2020Read_379 - Dont be Misled by Red Herrings - Treatise on Bitcoin & Privacy Part 2 [Giacomo Zucco]"It is the digital equivalent of your physical bank sending private investigators to follow your every move for days after you withdraw cash at the ATM, and then freezing or confiscating your bank account entirely if that PI comes back with a report that says that “you may have,” with some probability, engaged in controversial actions with that cash."  - Giacomo Zucco A great closing the Giacomo's Treatise on Bitcoin and Privacy at Bitcoin Magazine. What are the Red herrings we have to navigate to determine the truth of privacy on Bitcoin, and the many (non)alternatives. Is there a perfect privacy option, or do they all come with numerous costs and explicit trade-offs?  Check out the original article over at Bitcoin Magazine, plus the thousands of other great pieces on everything you could ever want to know about Bitcoin and the history of this space: -part-2-dont-be-misled-by-red-herrings Listen to Part 1 if you haven't yet: h00u Here is the video thrown together by myself and a few other great Raleigh Bitcoiners, Living on Bitcoin in 2020 - What its REALLY like: https://www.youtube.com/watch?v=cOmUpp3J9Ck50:36April 13, 2020Read_378 - Bitcoin: A Bold American Future [Conner Brown]"Despite unprecedented fiscal and monetary intervention after the financial crisis, results have been disappointing. The American people do not need accounting tricks or more debt, but true innovation. Thankfully, Bitcoin provides a way forward."  - Conner Brown An excellent article found over at the Bitcoin Reserve Journal on how Bitcoin could lead us into an explosion of innovation and efficiency, and has the potential to right so many imbalances and decades of stagnation in the American economy. A new Gold Rush, in the Digital Age. 🔥 Check out the Blog below for a number of other great recent articles: https://journal.bitcoinreserve.com/bitcoin-a-bold-american-future/ Start your Bitcoin Savings Plan at the Swan Bitcoin link below! Added is the link to the Swan Signal podcast to check out a couple of recent great episodes, specifically with today's author Conner Brown and also Marty Bent: https://www.swanbitcoin.com?grsf=xngc0c Swan Signal: 00:02April 10, 2020Read_377 - Stop Calling for a Free Market in Money [Sven Schnieders]"Although I mostly agree with their reasoning and share the enthusiasm for such a free market, I cannot stop being astonished by the naivety of the idea."  - Sven Schneiders If a "good" money cannot survive without a helpful and easy environment... then is it even a good money at all? 🤔 Sven makes an excellent case for abandoning the sentiment that we should desire a friendly environment for the one market good which is the bedrock for all other economic activity. Check out the original and the many other posts on the LimitlessCuriosity.com Blog: n-money Choosing your money, is to choose the future you want. If that future has powerful central banks, economic micromanagement by authorities, & third parties in every transaction, then don't buy #Bitcoin. But, if that doesn't sound appealing, you should start your Bitcoin Savings Account. Swan Bitcoin makes that easier than ever: https://www.swanbitcoin.com?grsf=xngc0c And speaking of the future of The Cryptoconomy... look out for "Bitcoin Audible!" 🔥😉24:54April 9, 2020Read_376 - Pascal’s Scams [Nick Szabo]“Beware of what I call Pascal's scams: movements or belief systems that ask you to hope for or worry about very improbable outcomes that could have very large positive or negative consequences.” - Nick Szabo Another amazing piece from the Unenumerated blog by Nick Szabo that explains a class of doomsday and utopia predictions he refers to as “Pascal’s Scams.” How it can appear rational to worry or hope for extremely improbable outcomes. We read part 1 & 2 together and then talk about how this perspective could change our view of these crazy times. Don’t miss it. Here are the original blog posts, in addition to the incredible body of work available on the Unenumerated Blog: Part 1: https://unenumerated.blogspot.com/2012/07/pascals-scams.html Part 2: https://unenumerated.blogspot.com/2012/07/pascals-scams-ii.html Some of the previous works by Szabo we have read on the show: Shelling Out: The Origins of Money • rigins-of-Money-Nick-Szabo-e9omme Money, Blockchains, & Social Scalability • -Blockchains--and-Social-Scalability-e2ndsj Exit and Freedom • Freedom-Nick-Szabo-e3nleo The God Protocols • d-Protocols-Nick-Szabo-e4cstb The Dawn of Trustworthy Computing: • wn-of-Trustworthy-Computing-Nick-Szabo-e2ndr3 Drop the fiat money printer tokens and start saving in sound money? Start your Bitcoin Savings Plan today at SwanBitcoin.com. 🔥 https://www.swanbitcoin.com?grsf=xngc0c50:27April 8, 2020Read_375 - A Match Made in the Whitepaper - Treatise on Bitcoin & Privacy, Part 1 [Giacomo Zucco]"Satoshi Nakamoto created Bitcoin as a tool for privacy. The entire cypherpunk quest, which Satoshi was an active part of and which the Bitcoin experiment is the coronation of, was all about personal and financial privacy." - Giacomo Zucco A great piece from Giacomo, published with Bitcoin Magazine, on the concepts and origins of privacy behind Bitcoin. Why it's needed, what it means, and all the ways we will secure it. A Treatise on Bitcoin & Privacy Part 1. Let's dive in! Check out the original and get a head start on Part 2 with the links below: Part 1: -part-1-a-match-made-in-the-whitepaper Part 2: -part-2-dont-be-misled-by-red-herrings We have a choice about our future, are you securing yours? Start a bitcoin savings account at SwanBitcoin.com for the no hassle solution to a long term Bitcoin Savings Plan. Missing out on the technological revolution of the century is not an option. 🔥 https://www.swanbitcoin.com?grsf=xngc0c If you want to support the show and hang out with the Cryptoconomy Crew, you can do so over at Patreon.com/thecryptoconomy, or by donating at TheCryptoconomy.com. Support the Audible of the Bitcoin space and share with everyone you know! 10 million Bitcoiners is our target, our mission toward a better future.54:18April 7, 2020Read_374 - The Number Zero & Bitcoin [Robert Breedlove]"A distant digital descendent of zero, the invention of Bitcoin represents the discovery of absolute scarcity for money: an idea as equally unstoppable."  - Robert Breedlove A new piece by Breedlove exploring the discovery and impact of the concept of "zero," both as an abstraction of the nature of the universe, & a numerical tool for better defining and making sense of the world. And how the discovery of absolute scarcity in a monetary system, Bitcoin, will change our current view of the world. Not to be missed. Check out the original for tons of great links and graphics to help illustrate the underlying ideas: 5b IF you haven't taken the time to solidify your Bitcoin Savings Plan over at SwanBitcoin.com, now is the time! The only way out of our current mess is with sound money, and financial responsibility, Swan Bitcoin is where you'll find both. 👏🏻 https://www.swanbitcoin.com?grsf=xngc0c1:22:26April 3, 2020Read_373 - What is Happening to Money [Pascal Hügli]“In the wake of the enormous money tsunami unleashed onto economies and societies, people have begun (rightfully) to start asking the question: What has become of money? Is money even worth anything any longer?” - Pascal Another great op-ed from Pascal Hugli over at BitcoinMagazine.com. With a deca-trillion dollar imbalance & trillion in newly printed currency now a daily reality… how exactly did we get here? What is Happening to Money? https://bitcoinmagazine.com/articles/what-is-happening-to-money Other great works to check out: • What Has Government Done to Our Money [Murray Rothbard] https://mises.org/library/what-has-government-done-our-money • The Philosophy of Money [Georg Simmel] https://www.goodreads.com/book/show/243473.The_Philosophy_of_Money Don't forget to Start your Bitcoin Savings Plan over at SwanBitcoin.com! The only way out of this is with sound money, and financial responsibility, Swan Bitcoin is where you get both in one. 👏🏻 https://www.swanbitcoin.com?grsf=xngc0c And lastly don't forget you can be a member of the Cryptoconomy Crew by donating on the website (bottom of the page) or becoming a patron at Patreon.com/thecryptoconomy and help support the Audible of the Bitcoin space! 49:05April 2, 2020Read_372 - Money is Owned By Everyone [Mcfloogle]"One of the biggest lies in recent times is that inflation is good and necessary for a healthy economy." - Mcfloogle It was once understood that money was owned by the individual. Merely an extension of the value created in the past, the soundness of money could not be disconnected from the very right to life and property itself. A short but excellent blog post on this nature, and the consequences when it is lost to our society.   Check out mcfloogle.com to check out the other great blog posts as well as the Rollo & Slappy podcast! -money-is-owned-by-everyone/ Support our awesome sponsor who makes this show possible! SwanBitcoin.com, the best place in the world to start stacking sats. Auto DCA your Bitcoin savings and stack every week, paycheck, or month.👏🏻29:40March 31, 2020Chat_034 - The Great Wealth Transfer with Pete RizzoThe team over at Kraken just dropped a fascinating report on “The Great Wealth Transfer” and what it means for Bitcoin. How, even holding all other things constant, we could see on the order of $1 Trillion move into the Bitcoin ecosystem. We bring Pete Rizzo on the show to talk all about it. Follow Pete Rizzo below and check out the Kraken blog for more interesting research and posts on the Bitcoin ecosystem: https://twitter.com/pete_rizzo_ https://blog.kraken.com/ Read the full report for the many amazing details, charts and metrics pulled together for establishing the argument. give-bitcoin-a-1-trillion-boost/ A huge thanks to Swan Bitcoin for making it easy as 💩to auto-stack your sats! The best place to get your share of the 21 million, without having to stress about the price. SwanBitcoin.com!1:11:44March 30, 2020Read_371 - Bitcoin is a Rally Cry [Parker Lewis]"It was a plea to all those that valued the fight for liberty and freedom. Outnumbered ten-to-one, Travis responded to a demand for surrender with a cannon shot."  - Parker Lewis The 13th installment in the excellent Gradually, Then Suddenly series, from Parker Lewis and the Unchained Capital team. Bitcoin is a Rally Cry. https://unchained-capital.com/blog/bitcoin-is-a-rally-cry/ There is no better time to start responsibly saving in Bitcoin than these volatile and uncertain times. And the best, and simplest way to do that is with SwanBitcoin.com! https://www.swanbitcoin.com?grsf=fijswv Other works you must explore: Ethics of Money Production The Road to Serfdom The Use of Knowledge in Society [part 1] The Use of Knowledge in Society [part 2] Bitcoin Does Not Waste Energy 1:10:26March 27, 2020Read_370 - Explained; 0% interest, Limitless Repo, QE4 [Colin Harper]"The Federal Reserve’s market operations are ramping up by the day, and it’s using more tools simultaneously to “fix” markets than ever before. So what are these tools and how is the Fed using them?" - Colin Harper Wondering what is happening in the hurricane that is finance and finding it difficult to piece together all of the puzzle. You aren't alone. Colin Harper has a great new addition to Bitcoin Magazine to help make sense of all the jargon of Repo markets, interest rates, zero reserve, QE4 to infinity, and the rest. Don't miss it! Link to the original article: qe4-the-federal-reserves-market-operations-explained Don't forget that SwanBitcoin.com is now live! Start stacking your sats now! Set a weekly, every paycheck, or every month purchase and even auto-withdrawal to your own keys! With Swan Bitcoin you'll never have to wonder again if you are stacking for the future, set it once and forget it. Other great content I've enjoyed recently to dig further: • Tales from the Crypt with Charles Marohn: https://open.spotify.com/episode/3VE9cgPq32Ynd78rYDvfeA • Swan Signal with Parker Lewis & Giacomo Zucco: n-swan-signal-live-By5ZBPnv • Hayek's Use of Knowledge in Society: Part e-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part e-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • On The Brink: lobal-macro-landscape-ep-58/id1480586463?i=100046948686350:15March 26, 2020Chat_033 - Is Bitcoin Ready for This? [Raleigh Meetup]COVID-19 Citadel Preparations The Great Financial Unraveling Scared of the virus or government? Kill Your Heroes Business as usual? With a special social distancing edition of the Raleigh Meetup Podcast, we get a big crew together talking all about the current state of the world, our own adjustments to this new reality, and if Bitcoin ready for this! Don't forget to subscribe to the Raleigh Bitcoin Meetup Podcast for the crazy shit we talk about every week! https://anchor.fm/raleigh-bitcoin-meetup2:40:28March 24, 2020CryptoQuikRead_369 - I Worked in Crypto for 2 Years... [Matt Vanalli]"I didn’t believe it when I first heard people saying that most crypto projects will fail. Boy was I wrong." - @Vanalli Take it from someone who has seen "Crypto" from the inside, searching for something of value, and coming up short. An excellent write up of an honest, unapologetic look at the sea of crypto crap, utility tokens, and pointless blockchain projects.  A clear demonstration of the "Everyone's a Scammer" rule in the Bitcoin space, Vanalli tells us what it was like working in Crypto for 2 years, and why he had to finally take the exit. Dropped some applause for Matt at the original link below! I Worked Full Time in Crypto for 2 Years, and Didn't Like What I Saw A huge thanks to Swan Bitcoin, the best Bitcoin savings service out there, for supporting the Audible of the Bitcoin space! If you would like to support the show as well and hang out with the Crew in the Cryptoconomy Telegram, consider becoming a patron at: patreon.com/thecryptoconomy1:23:54March 23, 2020CryptoQuikRead_368 - EARN IT Attacks Online Security & Privacy [EFF, Elliot Harmon]"Make no mistake: the EARN IT Act is a vehicle to undermine end-to-end encryption." - Elliot Harmon A very important episode on a topic that people need to be aware of. There is a bill in Congress, one of the continuous attempts for the past 25 or so years, that will create enormous collateral damage to our freedom of speech, and privacy online. Not to mention putting the many abuses of surveillances capitalism on steroids. An excellent article from the EFF breaks it all down. "The price of liberty is eternal vigilance." - Thomas Jefferson Please take just a moment and visit the original article to send a message to your representative. Ot might not make an enormous difference, but what do they do if they hear from no one? Support the EFF for fighting the good fight for online security and free speech! line-speech-and-security Take Action: ct-the-graham-blumenthal-bill Another great article from BitcoinMagazine giving more insight into the problem written by Dave Hollerith: ll-that-threatens-private-speech-online Swan Bitcoin is almost live! They are the best place to DCA your sat stacking! A Bitcoin-only company built by true Bitcoiners. You'll get $5 free sats by using the referral below as well as sending $5 to the show! https://www.swanbitcoin.com?grsf=fijswv48:35March 19, 2020CryptoQuikRead_367 - Bitcoin, Fungibility, & Limits of Privacy [Sasha H. & Rafael Y.]"Keeping the Bitcoin network private can be thought of as an act of unity by Bitcoiners in America to help keep the network useful for Bitcoiners in Venezuela and Hong Kong — indeed, around the world." - Sasha Hodder & Rafael Yakobi An article from Bitcoin Magazine diving into the difficult and often onerous regulations around money transmission and the consequences for both the entire industry, and the dangers it presents for individual privacy. An excellent op-ed from Sasha Hodder, and Rafael Yakobi. Link to the original article on BitcoinMagazine.com: e-legal-limits-on-maintaining-privacy Mentioned in the commentary to explore the ideas further: https://www.youtube.com/watch?v=msQ_khFmKtU A huge thanks to both Swan Bitcoin, the best place for an easy DCA bitcoin savings plan, and the LTB Network for supporting the Audible of the Bitcoin space.1:00:27March 17, 2020CryptoQuikRead_366 - What's Happening in Financial Markets? [Caitlin Long]"Every single co in the industry invested badly at the same time... every single competitor made the exact same mistake, in the same direction." - Caitlin Long If you missed the epic Twitter Thread from Caitlin Long on the state of the global financial markets, and how we managed to find ourselves in such a disastrous, then worry no longer. Now Audible, followed by Guy's commentary on the concepts she outlines, her excellent episode on Pompliano's show, and on the fundamental economics that had gone awry to bring us to this ultimate end. Link to the original thread below: https://twitter.com/CaitlinLong_/status/1238915150368792576 Don't forget to follow Caitlin on Twitter as well as Avanti Bank & Trust so you don't miss the incredible work toward building a foundation to replace the old, broken system: https://twitter.com/AvantiBT Check out the episode with Pomp to hear her expand on these ideas: https://open.spotify.com/episode/2SHS4ZaPoBRK3tYuxRS56U Previous reads mentioned in the commentary that will help shine a light on the fundamental economics being violated by our central banking system. • Use of Knowledge in Society by Hayek Part 1: -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2: -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Distrust in Lebanese Banks Spurs Bitcoin Boom by Timour Azhari st-in-Lebanese-Banks-Spurs-Bitcoin-Boom-Timour-Azhari-eb6val A huge thank you to Swan Bitcoin ❤️for supporting the Audible of the Bitcoin space!42:28March 16, 2020CryptoChat_032 - State of Bitcoin Address with Swan SignalWhat happens when you get Swan Signal hosting a conversation with Brady Swenson, myself, DerGigi, Yan Pritzker, Friar Hass, John Vallis, & Cory Klippsten on the state of the legacy & Bitcoin markets, corona virus, remote work, education, the halving, and where we might go from here? This episode is what happens. A great chat you don't want to miss! Check out Swan Signal for other great Bitcoin focused content! https://www.swanbitcoin.com/signal @CitizenBitcoin @dergigi @FriarHass @johnkvallis @skwp @coryklippsten1:32:45March 14, 2020I AM HODLING!!I feel like we just got to live through an old piece of history all over again ... so I'll share my rendition of it. https://bitcointalk.org/index.php?topic=375643.001:30March 13, 2020CryptoQuikRead_365 - Ten Million Bitcoiners, The Intransigent Minority [Cory Klippsten]"Not too many years from now, the number of Bitcoiners in the United States of America will cross ten million.  When we hit that milestone, it’s game over: Bitcoin wins..." - Cory Klippsten Diving into our first read from the Swan Bitcoin blog by their CEO Cory Klippsten, we explore the simple, but powerful idea of the Intransigent Minority. Laid out in Nassim Taleb's book "Skin in the Game" the intransigent minority is the target for the number of Bitcoiners that would be needed to reach the point of no return. What might that number be, and how do we get there? Listen to a short, fun read on building the intransigent minority. This episode is actually sponsored by none other than Swan Bitcoin! (fyi, this was already in my reading list & they didn't know 😆) If you want to show thanks for their support of the Audible of the Bitcoin space, plus get $5 free of the hardest money on earth, use my referral link to sign up at SwanBitcoin.com! Show them that Swann comes with 2 n's baby! https://www.swanbitcoin.com?grsf=fijswv22:46March 11, 2020CryptoQuikRead_364 - Bitcoin, The Technology of Dissent [Nozomi Hayase]"We, Bitcoiners, are all dissidents in the Old World of trusted third parties. [...] Laws of nature that are higher than man-made laws, being enforced by mathematics, have begun to reorganize a society."  - Nozomi Hayase Bitcoin isn't merely a new money, it's a radical departure from the systems of trust. It founds a new system where incentives align in a beautiful design to enforce cooperation through the independent self-interest of opposing parties.  As a technology of dissent, it doesn't allow us merely to protest the old system's of control, but instead gives us an avenue to opt out altogether. Bitcoin Is The Technology Of Dissent That Secures Individual Liberties: ent-that-secures-individual-liberties Check out the other work produced by Nozomi, and follow her on social media: https://bitcoinmagazine.com/authors/nozomi-hayase Previous episodes mentioned in the commentary: • The Crypto Anarchist Manifesto - Crypto-Anarchist-Manifesto-Timothy-C--May-e5p7j4 37:50March 10, 2020CryptoQuikRead_363 - Bitcoin is Not for Criminals [Parker Lewis]“Bitcoin can’t be a little bit censorship resistant in the same way that you can’t be a little bit pregnant.” - Parker Lewis. Continuing the Gradually then Suddenly series from Parker Lewis with another excellent installment: Bitcoin is Not for Criminals. Check out the original at the amazing blog provided by Unchained Capital: arch 9, 2020GuysTake_027 - Corona Virus... Bitcoin Fixes This1 • Why has the Corona Virus been upgraded from a significant healthcare problem, to a global economic catastrophe? 2 • What would be Guy's strategy as a Destroyer of Economies? 3 • Bitcoin Fixes this What I hope to be a fun Guy's rant on why Corona is a huge problem not because of the virus itself, but because of a terribly unprepared economy, and how I might go about laying the groundwork for any natural disaster to cause the most damage and lay waste to as much economic activity as possible.  Find out how in today's Guy's Take. Francisco D'Anconia's Money Speech from Atlas Shrugged: https://www.youtube.com/watch?v=u-T0ey0IKDA Don't forget to get your Bitcoin2020 Tickets! See you guys at the biggest Bitcoin conference of the year! Bitcoin2020conference.com58:27March 6, 2020CryptoQuikRead_362 - How Lightning Can Improve Encrypted Messaging [Colin Harper]"devising a scheme that handles both messaging and payments under one roof could be a killer app" - Colin Harper As part of Bitcoin Magazine's excellent set of articles on "The Technology of Dissent," we get a great piece by Colin Harper on the state of encrypted messaging over the Lightning Network. With both Shpinx and Whatsat using separate mechanisms for establishing a private, censorship resistant, decentralized messaging platform, could the combination of encrypted messaging and payments be a killer app for Lightning? Listen to today's episode to find out! The original article here! prove-encrypted-messaging The other great recent selection from Bitcoin Magazine: The Guy's Take where I dive into the encrypted messaging App I want to use: g-App-I-Want-to-Use-e2ndp6 Don't forget to subscribe and share the show out with all of your friends in Bitcoin! https://anchor.fm/thecryptoconomy/ 34:45March 4, 2020CryptoQuikRead_361 - Bitcoin's Habitats [DerGigi]"To fully understand any organism, we must not only look at the organism itself, but examine the organism-environment holistically." - Gigi If Bitcoin is a new organism, then where exactly does it live? Is it in cyberspace, the human realm, in financial markets and value… or all 3? Find out in Gigi’s excellent new piece on the Habitats of Bitcoin. Bitcoin Habitats by @Dergigi: https://medium.com/@dergigi/bitcoins-habitats-9ce3064bd3a7 Recommended Further Reading: Proof of Life - Why Bitcoin is a Living Organism by Gigi 🎧• of-Life-dergigi-e51lt1 The Sovereign Individual by James Dale Davidson and William Rees-Mogg 🎧• -6880-467a-b5a7-13cef5d729fe&pf_rd_r=3VY4T21FG3XNYQ1RGENK Become a patron below to support the project of making all the best in Bitcoin Audible! Plus get access to the Cryptoconomy Telegram and hang out with a bunch of veteran Bitcoiners! patreon.com/thecryptoconomy49:20March 3, 2020CryptoQuikRead_360 - Distrust in Lebanese Banks Spurs Bitcoin Boom [Timour Azhari]"A volatile currency for volatile times" - Timour Azhari When the banks become the volatile alternative, when your rights and control over what's in "your" bank account are a fleeting daydream, when the banks abuse your trust, take your money, and then try to sell it back to you; a volatile, independent, decentralized digital money, becomes that very thing that "puts your mind at ease." Everything is relative, and the world is an increasingly volatile place.  Don't miss this one! Link to the original article by Timour, plus don't forget to check out the author on Twitter for more great stuff like this one! in-boom-200224202742678.html And don't forget to get one of the best journeys through understanding and exploring the Bitcoin life form, in Knut Svanholm's "Sovereignty Through Mathematics."  It starts on Read_308 and continues in 5 parts, thanks to Knut for making it free to everyone who listens to this show! ignty-Through-Mathematics---Part-1-Knut-Svanholm-e7tak7 And you can also support the show by purchasing it on Audible.com in the full unabridged, uninterrupted audiobook! 3cef5d729fe&pf_rd_r=T0P5FPPGE8JX6NMPH5YX33:53March 2, 2020CryptoQuikRead_359 - Microsoft's ION Bets on Bitcoin [Colin Harper]Microsoft has a history of funding and developing with open source systems, and has started a new project called ION, trying to make a universal, decentralized system secured by Bitcoin, for managing and proving identities available to the globe. What are the goals and mindset behind this project, and how is Microsoft planning for its future, and the future of the Bitcoin ecosystem? Find out in today's article by Colin Harper discussing the ION system with Daniel Buchner, the project lead! Another of the constantly amazing content available thanks to the team at Bitcoin Magazine! Check out Colin's previous article getting into details of how the ION system will work. n-platform-bitcoin A huge thanks to the LTB Network for partnering with the show and helping to get the Audible of Bitcoin to everyone! https://letstalkbitcoin.com/ Support the show by becoming a patron and get access to the Cryptoconomy Telegram Crew! patreon.com/thecryptconomy35:31February 27, 2020CryptoQuikRead_358 - The Blockchain is Exhaust [Udi Wertheimer]Is the blockchain a critical tool that creates the power behind Bitcoin, or is it a wasteful and unavoidable byproduct, an exhaust, of the system that secures the most sound money in the world? This was a fascinating Twitter thread by Udi Wertheimer that explores what I find to be an interesting perspective on the role that "the blockchain" plays in the Bitcoin network. With added input and contrarian opinions from Eric Wall, Meni Rosenfeld, Adam Back, & Justin Moon, we take a short episode to expand on a unique idea. The Original Thread: https://twitter.com/udiWertheimer/status/1087142827346354177 https://twitter.com/adam3us/status/1087315014812348417?s=20 https://twitter.com/MeniRosenfeld/status/1087663298944864256?s=20 Other works mentioned that will shed light on these ideas: Parker Lewis's "Bitcoin Cannot be Copied": • n-Cant-Be-Copied-Parker-Lewis-e58g11 Nick Szabo's "Money, Blockchains, and Social Scalability": • -Blockchains--and-Social-Scalability-e2ndsj Help keep the project alive by becoming a patron! Plus join the Cryptoconomy Telelgram Crew! patreon.com/thecryptoconomy thecryptoconomy.com28:23February 26, 2020CryptoQuikRead_357 - Another Step Towards a P2P Lightning Economy [Roy Sheinfeld]"If you ask me how much trust is right for the Lightning economy, the answer will always be less." - Roy Sheinfeld Today we dig into the recently implemented reverse submarine swaps in the breez lightning service.  One of the many tools we have for both mitigating, and also building trust in the new economy. How exactly do submarine swaps work, what's a HODL invoice, what might they mean for the future of Lightning, and how is Breez using them?  All this any more in today's article by Roy Sheinfeld! Check out the original below and be sure to drop some claps over at Medium: ep-towards-a-p2p-lightning-economy-bacb040fdca734:52February 25, 2020CryptoChat_31 - Bitcoin2020 with CK_Snarks!Today I get hyped with ck_SNARKs of BTCMedia and have the opportunity to pick his brain for all the exciting stuff happening at the Bitcoin2020 conference in San Fran! With only a month left its time to get serious about it. Stay to the end if you want to hear how you might save some sats on your tickets! Follow CK on Twitter so you don't miss the announcements and incredible things happening with the BTCMedia gang! https://twitter.com/ck_SNARKs Don't forget to check out the episodes with BitcoinTINA for "How to Think About Investing in Bitcoin" Part 5?i=1000464887385 Part 5?i=1000465558525 Part 3: 1000466261125 1:04:36February 24, 2020CryptoQuikRead_356 - Bitcoin Cannot be Banned [Parker Lewis]"By design, Bitcoin exists beyond governments. [...] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban it." - @parkeralewis The next in the Gradually, Then Suddenly series not to be missed. Governments will not ban Bitcoin until it's apparent that it actually presents a threat to their own currencies, when that happens and under that pretense, they will face the ultimate Prisoner's Dilemma, & the only winning move is to play. Link to the original article at Unchained Capital along with the rest in this incredible series by Parker Lewis! https://unchained-capital.com/blog/bitcoin-cannot-be-banned/ Don't forget to subscribe and support the Audible of the Bitcoin space! You can do so through tippin.me on Twitter, or becoming a patron below! patreon.com/thecryptoconomy54:25February 21, 2020CryptoQuikRead_355 - How Decentralization Dies [Brandon Arvanaghi]"Decentralization has [...] been a vessel for achieving a concession from a centralized body it is protesting. Every decentralization play has followed a simple pattern: protest a market inefficiency, win that protest via a major concession, and then disappear back to fringes of society." - Brandon Arvanaghi What can we learn from the history of decentralized protocols and the huge battles of history during the disruption of the internet, versus the corporate and media giants of the day? Does it spell doom for Bitcoin and decentralized systems as the central banks & financial giants concede to give control back to the customer? Or is there something else entirely at play? Don't miss this great read and then Guy's Take on how Decentralization Dies! Don't forget to drop some applause on the original article and follow Brandon on twitter for more insights like this one! ler-concessions-86dd1ca86da3 https://twitter.com/arvanaghi A huge thank you to all of my patrons for contributing to this project and helping to promote this show! I couldn't do it without you. A special thanks to SovereignFinancials for such a generous donation! Join the crew and become a patron at Patreon.com/thecryptoconomy 1:07:27February 20, 2020CryptoQuikRead_354 - Why Proof of Reserves is Important to Bitcoin [Mauricio Di Bartolomeo]"Bitcoin is a movement founded on individual monetary sovereignty, transparency and peer-to-peer auditability enabled by a breakthrough in technology. [...] The technology to provide auditability and transparency for bitcoin held in custody has been inherent to the protocol from its inception. However, the industry has been slow to incorporate"  -Mauricio Di Bartolomeo Bitcoin, as a new asset class, provides us with one of the most powerful tools for financial security in a custodial context: cryptographic proofs of reserve. We would be foolish to not make use of it. Let us not repeat the mistakes of the past. Another great piece from Bitcoin Magazine to shine light on a critical issue for a future with sustainable sound money. Don't miss the short article and Guy's take to follow! Link to the original below: t-to-bitcoin A huge thanks to the LTBNetwork. Don't forget to check out the tons of other great shows on their platform! Other's mentioned in the show: 2019 Saw the Most Exchange Hacks Ever: er-with-hackers-becoming-more-savvy Nic Carter's Tweets on PoR bruary 19, 2020CryptoChat_30 - Once BITten, down the Bitcoin Rabbit Hole with Daniel PrinceI had an awesome time the other day with Daniel Prince on the new Once BITten Podcast. Diving into some of my own personal history with Bitcoin, what led me here, and the major changes I think we will see in the world over the next couple of decades. This was a really fun conversation and I think you guys will enjoy it. I was Once BITten, & here's my story. Don't forget to check out Daniel's new podcast, and the episode we mentioned where he spoke with Bruce about the best podcasts in the space, and the always bullish and existential DerGigi! alking-Steps-Up-To-Award-The-Best-Bitcoin-Podcasts-eaodip eapg7e 1:13:08February 14, 2020CryptoQuikRead_353 - We're All Default Keynesians Now [Brady Swenson]"Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default." - Brady Swenson @citizenbitcoin Today we read a great little piece on how our economic understandings have become so skewed, why the default has become one of centralized, top down control over money, and how Bitcoin is set to right the world of our economic foundations. We've got a fun rant after this one too, so don't miss it! Check out the original article and drop some major applause. Don't forget to follow Brady on Twitter and check out his show as well! -how-bitcoin-is-changing-that-886ed2096b76 Get your "Default Keynesian" shirt here: efault-keynesian-short-sleeve-unisex-t-shirt Saif's Beginner's Guide to Austrian Econ: cs/ Stephan Livera's Intro to Bitcoin Austrian Thought: https://stephanlivera.com/episode/71/ And the huge collection of works at Gigi's Bitcoin Resources: https://bitcoin-resources.com/ 43:41February 13, 2020CryptoQuikRead_352 - Paying Yourself for Privacy on Lightning? [Aaron Van Wirdum]"The Lightning Network is best known for its fast and cheap payments. But the Layer 2 protocol could also offer more privacy than on-chain payments [...] the developer thinks that “self-payments” could be an important part of the privacy puzzle."  - Aaron Van Wirdum Despite its focus on payments and scaling the Bitcoin system, Lightning may have incredible potential for privacy opportunities and improvements. Pseudonymous developer ZmnSCPxj has been detailing and expanding on these concepts in recent months, and who better to lay it all out for us than BitcoinMagazine, and Aaron Van Wirdum? Don't miss today's article on a new trick of payment privacy for Lightning... Paying Yourself? Self-Payments Could Be a Key to Lightning Privacy ld-be-a-key-to-lightning-privacy A big thanks to Bitcoin Magazine and the Let's Talk Bitcoin Network for making this content available! 38:53February 12, 2020CryptoQuikRead_351 - Bitcoin is Not a Pyramid Scheme [Parker Lewis]"Not everyone understands what a pyramid scheme actually is, what the warning signs may be, or why such schemes always fail [...] The distinctions should be glaringly obvious, but because bitcoin is complex and the very idea of money is not well understood, it can easily be confused." - Parker Lewis Today we are diving back into the Gradually, Then Suddenly series from Unchained Capital with an excellent breakdown of what Bitcoin is, and what it isn't. Starting with the both obvious, yet not so obvious truth, that it is certainly not a pyramid scheme! Don't miss another incredible installments by Parker Lewis. Original Article and the rest of the series below: https://unchained-capital.com/blog/bitcoin-is-not-a-pyramid-scheme/ Other great pieces mentioned both in the article, and in the commentary: • Everyone's a Scammer: nes-a-Scammer-Michael-Goldstein-e4ihq8 • Bitcoin Has No Intrinsic Value: n-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm • Use of Knowledge in Society Part 1 - -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • A Story of Booms & Busts -Booms--Busts-e4aflh If you'd like to support this show and become a patron, click the link below! www.patreon.com/thecryptoconomy 1:41:50February 11, 2020CryptoQuikRead_350 - Of Course You Can Own Bitcoins [Bitcoin Rabbi]Can you really own Bitcoins? Or do you merely have possession of keys that grant a high probability of exclusive control? A fun short read to close out the week, from the Bitcoin Rabbi on defining what it means to own or possess bitcoin. Check out the original article below on medium and drop some applause, and follow The Bitcoin Rabbi on Twitter! cfc0c2e49 19:11February 7, 2020CryptoQuikRead_349 - The Rise of SIM Swapping [David Hollerith]"For the better part of the last decade, the combination of these two practices has given rise to an increasing number of SIM swap attacks ending in the theft of bitcoin and other cryptocurrencies." - David Hollerith Another piece from BitcoinMagazine.com, this one by author and podcast host David Hollerith, that breaks down the risks and details of SIM swap attacks and how you may be vulnerable to losing your bitcoins, simply by revealing your phone number.  Don't miss this piece detailing out the attack, and listing out the Do's and Don'ts of Bitcoin security. Check out the original plus a ton of other great recent articles over at BitocinMagazine.com: why-bitcoiners-need-to-protect-themselves Also recommended is Michael Perklin's article to go along with this one: security-a-habit I also mentioned Jameson Lopp's extreme testing of the bitcoin steel wallets, a great read below: Part 1: https://blog.lopp.net/metal-bitcoin-seed-storage-stress-test/ Part 2: ld>ii-/ And don't forget to subscribe and share this show with everyone you know in Bitcoin. If you would like to join the Telegram group, become a patron below! www.patreon.com/thecryptoconomy Lastly, a big thank you to Dave, Bitcoin Magazine, and the LTBNetwork for the incredible work and spreading the show!57:40February 7, 2020CryptoQuikRead_348 - All 21M Bitcoin Already Exist [Phil Geiger]"we have nearly 11 years of empirical evidence that the network itself has been holding and transacting bitcoin, but instead of with private key signatures, it’s in exchange for hashed electricity."  - Phil Geiger Framing the scarcity of Bitcoin at first seems obvious, but with a closer look, is far more difficult than it would seem. Does the supply actually inflate at all? Does the market price in all future halvings? Do the Bitcoin exist when they are mined, or do they exist today, sold to the miners in exchange for hashes?  Phil presents a very interesting perspective and way of framing the supply of Bitcoin, in this great piece from the Unchained Capital Blog. Check out the original below, and don't forget to follow Phil on Twitter: t/ Support the audio for all things Bitcoin by becoming a patron below! patreon.com/thecryptoconomy46:52February 5, 2020CryptoQuikRead_347 - Strike! By Zap [Jack Mallers]An exciting development form the extraordinary team over at Zap and the Mallers Fam! The seed of the infrastructure inversion has landed, and its' called Strike! Don't miss the details on this incredible development and join the beta if you want to test out and provide feedback for this product over at strike.zaphq.io. This is a project to keep a very close eye on. Follow @jackmallers on Twitter so you don't miss the revolution ;) Drop some hella applause on the article below: 0January 31, 2020CryptoQuikRead_346 - The Kindest Cut; Why The 2020 Bitcoin Halving... [Peter C. Earle]"What’s noteworthy about this point is that, upon this particular halving, Bitcoin “inflating” at a roughly 1.8 percent rate annually will nominally — and by then, quite possibly in real terms — be “inflating” at a rate lower than both the Federal Reserve target of 2 percent per year and current, CPI-based estimates of real U.S. inflation of 1.9 percent annually."  - Peter C Earle Another great piece from Bitcoin Magazine written by Peter C. Earle, detailing the reasons why this next halving will make Bitcoin a true contender in the world of monetary policy. In a very short span, Bitcoin will become the most scarce & strictly defined financial asset on Earth... are you ready? Check out the original article and follow Peter at the links below: oin-halvening-is-the-most-important-yet https://twitter.com/L1KNB Other episodes & links to dive deeper into the discussion from the show: • Stop Calling Bitcoin Deflationary [Conner Brown] alling-Bitcoin-Deflationary-Conner-Brown-e8p1o3 • Bitcoin Obsoletes All Other Money [Parker Lewis] n-Obsoletes-All-Other-Money--Parker-Lewis-eahce1 • Efficient Markets & Bitcoin's Stock-to-Flow [PlanB] ent-Markets--Bitcoins-Stock-to-Flow-PlanB-eaco0i • Guy's Take 26 - The Halving Is Not Priced In is-Not-Priced-in--Heres-Why-eagkrd • Article - The Illusions of Hedonics [Antony P. Mueller] https://mises.org/library/illusions-hedonics44:13January 31, 2020CryptoQuikRead_345 - Bitcoin Obsoletes All Other Money [Parker Lewis]"Money is an intersubjective problem, and a choice to opt into one monetary medium is an explicit opt out of the other, which in turn causes one network to gain value (and utility) at the direct expense of another." - Parker Lewis Skipping around a little bit in the "Gradually, Then Suddenly" series, we read the most recent (#12) published on the Unchained Capital Blog. No, Bitcoin isn't a startup. No, there will not be many currencies. No, you can't create an alternative that doesn't compete with Bitcoin's monetary properties. The very problem of money is one of intersubjectivity, which can only be solved through convergence on a single monetary medium. Bitcoin. Listen to this excellent installment from Parker Lewis and the Unchained Team. "Bitcoin Obsoletes All Other Money." https://unchained-capital.com/blog/bitcoin-obsoletes-all-other-money/ To check out the rest of the audio collection for the Unchained Blog, check out the site: https://thecryptoconomy.com/collections-new/ Also mentioned on the show was Nick Szabo's excellent piece, "Money, Blockchains, & Social Scalability." -Blockchains--and-Social-Scalability-e2ndsj1:08:11January 30, 2020GuysTake_026 - The Halving is Not Priced in, Here's WhyAs a follow up to Nic Carter's excellent breakdown of the efficient market hypothesis, and PlanB's piece addressing the market's evaluation of the risks in Bitcoin, I go through the reasons I feel the market both is very unwilling and unconfident about the consequences of the halving, and therefore sees it not as "known information," but more a blind gamble. For diving deeper into the many topics and works that I brought up, here are the links of all those I remembered: • Nic Carter's "Introduction to the Efficient Market Hypothesis" c03b • PlanB's "Efficient Markets and Bitcoin's Stock-to-Flow" ent-Markets--Bitcoins-Stock-to-Flow-PlanB-eaco0i • Hayek's "Use of Knowledge in Society" [Part 1 & 2] -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Parker Lewis's "Bitcoin is Not Backed by Nothing" n-is-Not-Backed-by-Nothing-Parker-Lewis-e9v1rs • Hoppe's "Yield From Money Held Reconsidered" eld-From-Money-Held-Reconsidered-e2ndqn • Conner Brown's "Bitcoin Has No Intrinsic Value, & That's Great!" n-Has-No-Intrinsic-Value---Thats-Great--Conner-Brown-e43bcm Don't forget to grab your tickets to BitBlockBoom and use the offer code CC for a 30% discount! https://bitblockboom.com/1:08:44January 29, 2020CryptoQuikRead_344 - Efficient Markets & Bitcoin's Stock to Flow [PlanB]"A first reaction could be that it is a great investment opportunity. A better reaction (from an EMH and non arbitrage point of view) would be that it is too good to be true." - PlanB If the efficient market hypothesis requires that known events be priced in, then how could the S2F be a model for Bitcoin's price? When such an obvious and unchanging piece of information is available, shouldn't the market price it in? Continuing with the foundation laid from yesterday's article, we read Plan B's piece on what a risk & return model might tell us about the market's pricing of Bitcoin ahead of the halving. Drop some applause on the original article at the link below and don't forget to follow @100TrillionUSD (PlanB) if you haven't already! coin-stock-to-flow-model-db17f40e610733:20January 24, 2020CryptoQuikRead_343 - Introduction to the Efficient Market Hypothesis for Bitcoiners [Nic Carter]"So is the halving “priced in” or will it be a catalyst for appreciation? [...] I consider it patently absurd that a change in issuance would have been overlooked by the price-setting entities."  - Nic Carter You are definitely gonna want to hear Nic's incredibly thorough argument as to why in this article! Breaking down the EMH, its origins, the many different iterations of the concept, & how best to frame it in the context of a real world market; Nic gives us another excellent work that is a must listen for all Bitcoiners. Don't forget to drop some applause on the original article below, and follow Nic on Twitter! t-hypothesis-for-bitcoiners-ed7e90be7c0d 1:00:31January 23, 2020CryptoQuikRead_342 - Bitcoin & the Primacy of the Digital World [Pascal Hugli]"Because of their digital nature, many people still object to bitcoin, refuse to take it seriously or consider it altogether too scary. [...] It’s the perfect combination of the advantages from the analog as well as the digital world." - Pascal Hugli Don't miss another great article from Bitcoin Magazine on the incredible change that the digital world is unleashing on our society and where we may find a drop of truth in an ocean of uncertainty. Check out the full article plus tons of other great reads at the links below. gital-world Don't forget to follow the author and BitcoinMagazine on Twitter for the very best bitcoin content! https://twitter.com/pahueg https://twitter.com/BitcoinMagazine A special thanks to both the LTB Network for sharing this out among some of the best podcasts in the space & of course my lovely patrons who support turning all of the best works in Bitcoin into the audio versions they deserve! www.patreon.com/thecryptoconomy39:28January 20, 2020CryptoQuikRead_341 - The Rise of the Individual [Aleks Svetski]"Not since the gunpowder revolution were ordinary men & women able to stand up to those who chose to oppress or rule them unjustly. Only this time, it can be done in a non-violent method, whereby one can peacefully opt out" - Aleks Svetski Today we read the epic conclusion to our walk through The Bitcoin Times Ed 2 with a piece from the founder, Aleks Svetski, "The Rise of the Individual." For the revolutionaries, the visionaries, and the dissidents, this article is not to be missed. Drop some applause on this and all the excellent articles made available in The Bitcoin Times publication. Visit the Medium page below to show your appreciation! b6951f https://medium.com/the-bitcoin-times59:46January 16, 2020CryptoQuikRead_340 - The Cat is Out of the Bag [Nic Carter]"Unlike Paypal, Venmo, or traditional payment processors, it cannot deplatform you for wrongthink, holding subversive political views, being a sex worker, or legally selling cannabis. Ours is the biggest possible tent. Don’t be distracted by the online discourse. Bitcoin is utterly indifferent to the political views of its users."  - Nic Carter Getting close to finishing the amazing collection of articles in The Bitcoin Times Ed 2, and today we need another great one, by returning author Nic Carter, titled - The Cat is Out of the Bag. This one is not to be missed. Check out and drop some applause on this piece by following the link below. Follow Nic Carter, TimelessBitcoin, & Alek Svetski on Twitter for more work like this! 46bc1 And of course if you'd like to support the show as well as join in the fun over in the Cryptoconomy Telegram Group, become a Patron! patreon.com/thecryptoconomy52:18January 15, 2020CryptoQuikRead_339 - Proof-of-Work, The Fundamental Laws [Rory Highside]"It is therefore a universal truth that all work has a measurable cost of energy transformation due to the very nature of the universe, and the laws of thermodynamics. It is with these laws that we underpin Bitcoin’s Proof-of-Work."  - Rory Highside Don't miss the next piece in The Bitcoin Times 2nd Ed about how the Bitcoin system is both constrained and forces cooperation by leveraging the fundamental laws of the universe! Check out and drop some applause on this piece by following the link below, don't forget to follow Rory and TimelessBitcoin on Twitter for more work like this! s-of-physics-and-nature-33d95167c57a1:05:07January 14, 2020CryptoQuikRead_338 - The Information Theory of Money [Dan Held]"Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric."  - Dan Held This is one of those articles that just explores the emergent brilliance of the free market system & easily got me into a near 40 minute rant afterward. Prices are not arbitrary, and a market price is quite possibly the most information dense piece of actionable data you can find anywhere. Learn all about it, in this piece from The Bitcoin Times Ed 2, "The Information Theory of Money." Below are the links to follow Dan Held for more great work, drop some applause on this article, and follow @timelessbitcoin so you don't miss anything from this publication: https://twitter.com/danheld aebdfe1 https://twitter.com/TimelessBitcoin Things you must also listen to because I told you to! • Hayek's "Use of Knowledge in Society" Part 1 - -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj Part 2 - -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 • Leonard Reed's "I, Pencil" cil-Leonard-E--Read-e2ndqm • TEDtalk "How I Built a Toaster... from Scratch" cratch#t-12942 If you are enjoying the show & would like to support my work in turning all of the most fascinating and profound works in the Bitcoin space into the audio versions they deserve, become a patron! Not to mention you will get access to the Crpytoconomy Telegram Crew where we hang out and worship the Light of Nakamoto! XD www.patreon.com/thecryptoconomy54:39January 10, 2020CryptoQuikRead_337 - The Tyranny of Time Scarcity - Bitcoin Times Ed 2 - [Robert Breedlove]“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity or liquidity). By combining and building upon the economic properties of both, Bitcoin is a momentous monetary innovation that has achieved the divisibility, portability, durability, and recognizability of pure information infused with the absolute scarcity of time.” - Robert Breedlove Don’t miss the continuing journey through The Bitcoin Times 2nd Ed Markets -on-The-Future-of-Bitcoin-Financial-Markets-e2ndqv The Bitcoin Second Layer nd-layer/LNRR The Time Value of Bitcoin me-Value-of-Bitcoin-e2ndq2 The Bitcoin Risk Spectrum -spectrum/ Grab your copy of the Little Bitcoin Book or listen to the audiobook read by me! =1575326799&sprefix=the+littel+bitcoin%2Caps%2C156&sr=8-1 Join me at the Bitcoin maximalist conference next year! Get tickets for BitBlockBoom2020 at the link below - offer code CC for 30% off! BitBlockBoom.com23:54December 2, 2019CryptoChat_027 - Boomer Bucks & the Raleigh MeetupDon't be the oblivious boomer who lets their hard work get sucked away by that garbage Boomer Bucks currency. Be a part of the future, and Buy Bitcoin! Another fun chat with the Raleigh Bitcoin Meetup! Check out the Raleigh Meetup Podcast and subscribe so you don't miss them: https://anchor.fm/raleigh-bitcoin-meetup Get your copy of "The Little Bitcoin Book" in print or audio (read by your truly) for those long holiday drives: 07W957N7T Join me at BitBlockBoom2020 for an awesome time with the best of the Bitcoin maximalists! https://bitblockboom.com/ And of course, if you want to join the Cryptoconomy Telegram and hang out with the crew, become a patron below: https://www.patreon.com/thecryptoconomy 2:12:54November 27, 2019CryptoQuikRead_324 - Bitcoin Fixes This [Parker Lewis]An economy leveraged 150:1 A spiraling tower of debts to pay for our previous debts Central Banks repeating the same policies that caused our problems as their solutions The confiscation through counterfeit of $Trillions in economic production Massive distortions of the price mechanism & monetary authorities who argue over not whether they should, but by how much they will debase our hard earned money Bitcoin Fixes This. Part 6 in the Gradually, Then Suddenly series by Parker Lewis from the Unchained Capital blog. Unchained just dropped the "greatest hits" collection of their blog, tons of great content to explore below: https://unchainedcap.wpengine.com/greatest-hits/ Mentioned in the show: Use of Knowledge in Society - Parts 1 & 2 -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy50:41November 27, 2019CryptoQuikRead_323 - Transaction Count is an Inferior Measure [Nic Carter]To think of the value of a global, jurisdiction-less, "money-for-enemies" network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely.  The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter's excellent pieces to learn all about how "Transaction Count is an Inferior Measure." Check out the original post (great charts illustrating his argument) on Nic's Medium page, plus the tons of other great written content he publishes regularly: re-fba2d5ac97f1 Another great tool to show the relative "speed" of competing networks: https://howmanyconfs.com/ Other great work in audio from Nic Carter: • A Most Peaceful Revolution -Peaceful-Revolution-Nic-Carter-e5bfpm • A Most Peaceful Revolution (Guy's Follow Up) -the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Unpacking Bitcoin's Assurances ing-Bitcoins-Assurances-Nic-Carter-e4sn3r • How to Scale Bitcoin Without Changing a Thing [parts 1 & 2] -Scale-Bitcoin-Without-Changing-a-Thing-Part-1---Nic-Carter-e3qgfg -Scale-Bitcoin-Without-Changing-a-Thing-Part-2---Nic-Carter-e3qsvi • Bitcoin's Existential Crisis ns-Existential-Crisis-Nic-Carter-e2ndok37:13November 25, 2019The Bitcoin Reformation - by Tuur DemeesterINTRODUCTION At the end of the 16th century, a rag tag group of rebel intellectuals and entrepreneurs founded a country on some of the least desirable land in Europe—so often flooded that it needed hundreds of miles of moats - while fighting an eighty year long war against the largest empire in the world. From this struggle and melting pot of ideas emerged the Dutch and British golden ages, innovative economic institutions that changed the world, as well as one of America’s most successful socio-economic experiments: New York City. This report makes the case that the 21st century emergence of bitcoin, encryption, the internet, and millennials are more than just trends; they herald a wave of change that exhibits similar dynamics as the 16-17th century revolution that took place in Europe. ... Author - Tuur Demeester56:13November 22, 2019CryptoQuikRead_322 - The World Has Gone Mad... [Ray Dalio]The World Has Gone Mad, & the System is Broken. Ray Dalio drops a bomb recently with his post showing the sorry state of our money, the cracks in our world monetary system, and the coming paradigm shift.  A short piece that requires much ranting, don't miss it. Link to the original post and Ray Dalio's twitter page: lio/ https://twitter.com/RayDalio Other great works mentioned in this show: The Case for Electronic Cash h-Jerry-Brito-e3rhj6 Use of Knowledge in Society - Parts 1 & 2 -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj -Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 How is Fiat Money Possible - Parts 1-3 -Fiat-Money-Possible-Part-1---Hans-Hermann-Hoppe-e3odu1 -Fiat-Money-Possible-Part-2---Hans-Hermann-Hoppe-e3oon2 -Fiat-Money-Possible-Part-3---Hans-Hermann-Hoppe-e3p2k1 And if you want to start down a rabbit hole... WTFHappenedin1971.com35:19November 21, 2019CryptoQuikRead_321 - Bitcoin is Not Too Slow [Parker Lewis]The 5th installment of the always fascinating "Gradually, then Suddenly" series from Parker Lewis and Unchained Capital.  What is the real problem that Bitcoin solves, and how does it compare to the alternatives? Are mass payments an impossible problem, and isn't Bitcoin too slow to be global money?  This piece is packed with digital gold, so don't miss it! Link the the original article so you can get a head start and check out all the other incredible writing at Unchained-capital.com. Don't forget to follow Parker on Twitter for more of his work: https://www.unchained-capital.com/blog/bitcoin-is-not-too-slow/ https://twitter.com/parkeralewis Other great episodes and content to go down the rabbit hole on this one! • Use of Knowledge in Society Parts 1 & 2 -Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj • 7 Misunderstandings of Bitcoin's Scaling Problem (this is old, forgive me) nderstandings-of-Bitcoins-Scaling-Problem-e2ndtf • Bitcoin & Software Reliability n--Software-Reliability-beautyon_-e46lnu • Gradually, then Suddenly [the series so far] 1 - lly--Then-Suddenly-Parker-Lewis-e55nu4 2 - n-Cant-Be-Copied-Parker-Lewis-e58g11 3 - n-is-Not-Too-Volatile-Parker-Lewis-e6diss 4 - n-Does-Not-Waste-Energy-Parker-Lewis-e7ojph You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below! https://www.patreon.com/thecryptoconomy1:08:51November 20, 2019CryptoQuikRead_320 - The Bitcoin Reformation - Part 2 [Tuur Demeester]Today we conclude the report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. A plethora of new financial tools and the flight to find security in uncertain times, and the many parallels with the role Bitcoin could play in finding a haven from the over-leveraged, over-regulated, and corrupt IMFS. Don't miss a great piece. Links to the original works below. Again, don't forget to follow Tuur on Twitter for tons of amazing content and thoughts on the impact of this new economy. https://docsend.com/view/ijd8qrs https://twitter.com/TuurDemeester Other great episodes for more details and expanding on these themes: • Bitcoin, An Accounting Revolution n-An-Accounting-Revolution-Permabull-Nio-e473tj • What's Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis yptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq • A Most Peaceful Revolution [Nic Carter] -Peaceful-Revolution-Nic-Carter-e5bfpm • Guy's Take - Revolution in the Protocol -the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Bitcoin in Heavy Accumulation Part 1 & 2 3tnic 3u1gb If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy48:06November 15, 2019CryptoQuikRead_319 - The Bitcoin Reformation - Part 1 [Tuur Demeester]Today we start our journey through the new report from Adamant Capital written by Tuur Demeester on a fascinating parallel between Bitcoin and the Protestant Reformation of the 16th and 17th centuries. The monopoly being undermined, the technology that catalyzes the paradigm shift, the new economic class, and the new tools of self defense.  Can these shed light on our own uncertain future?  Find out in... The Bitcoin Reformation - Part 1 Links to the original works below. Don't forget to follow Tuur on Twitter as well for tons of amazing content and thoughts on the impact of this new economy. https://docsend.com/view/ijd8qrs https://twitter.com/TuurDemeester Plus the other great episodes mentioned in the commentary for more details on similar concepts: • Bitcoin, An Accounting Revolution n-An-Accounting-Revolution-Permabull-Nio-e473tj • What's Driving the Cryptocurrency Phenomenon? An Iterative Capital Thesis yptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq • A Most Peaceful Revolution [Nic Carter] -Peaceful-Revolution-Nic-Carter-e5bfpm • Guy's Take - Revolution in the Protocol -the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9 • Bitcoin in Heavy Accumulation Part 1 & 2 3tnic 3u1gb If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy53:56November 14, 2019CryptoChat_026 - Bitcoin for Self Defense with Max HillebrandDiving down the rabbit hole on the amazing privacy technologies in Bitcoin, what they are, how they can be used, and how it might change our interactions with the Bitcoin timechain in the future. Don't miss an awesome chat with Max Hillebrand! The many links discussed in this episode for tons of awesome tech to explore further.: Max Hillebrand's website and huge body of work: http://towardsliberty.com/ BitcoinOps Taproot Workshop https://github.com/bitcoinops/taproot-workshop/ Schnorr BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-schnorr.mediawiki Taproot BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-taproot.mediawiki Tapscript BIP https://github.com/sipa/bips/blob/bip-schnorr/bip-tapscript.mediawiki 1:57:16November 12, 2019CryptoQuikRead_318 - Taproot is Coming [Aaron van Wirdum]One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of the Bitcoin system. Another excellent article breaking it all down by Aaron Van Wirdum, published at BitcoinMagazine.com, today we read & discuss: "Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin" -will-benefit-bitcoin For a deeper dive into Taproot, check out the links provided at the bottom of the article. For more of Aaron Van Wirdum's excellent work in audio: • Our Chat with Aaron: ing-Bitcoin-with-Aaron-Van-Wirdum-e4rt9e • The "No Input Class" & Eltoo fying-Lightning--The-Noinput-Class-Aaron-Van-Wirdum-e5fhoa • Statechains: Sending Keys, Not Coins hains--Sending-Keys-Not-Coins-Aaron-Van-Wirdum-e4mue1 • Understanding Lightning Part 1 tanding-The-Lightning-Network-Part-1-e2ndtd • Understanding Lightning Part 2 tanding-The-Lightning-Network-Part-2-e2ndt4 • Understanding Lightning Part 3 tanding-The-Lightning-Network-Part-3-e2ndtc Grab a hard copy of the latest Bitcoin Magazine edition at their store below: https://store.b.tc/40:42November 11, 2019CryptoQuikRead_317 - The Triumvirate of Liquidity [Nik Bhatia]Today, Nik Bhatia takes us through a compressed history of the Dollar, Us Treasuries, and how we found ourselves in the current global financial mess. What are the safe-haven assets of the future, what will happen to the demand during these uncertain times, & what will be Bitcoin’s role? US Treasuries, Gold, & Bitcoin… The Triumvirate of Liquidity! Don't forget to drop some applause on the article below, check out the Tantra Labs blog, and of course, follow Bhatia on Twitter: 20 https://twitter.com/timevalueofbtc Other episodes suggested from the discussion after the read, covering and going more in depth into topics previously on the show: • Lightning Tech in 2019 (Channel Factories) ills-Hottest-Lightning-Tech-of-2019-e426ph • Stop Calling Bitcoin Deflationary [Conner Brown] alling-Bitcoin-Deflationary-Conner-Brown-e8p1o3 • Deflation & Liberty [Hulsmann] ion--Liberty-Part-1---Jrg-Guido-Hlsmann-e4q6gc ion--Liberty-Part-2---Jrg-Guido-Hlsmann-e4qpvp • World War B [Raleigh Meetup] B-The-Raleigh-Bitcoin-Podcast-e8ci9m49:43November 8, 2019GuysTake_025 - Money, Networks, Blockchains, & Bitcoin The much deserved Guy’s Take episode as a dedicated follow-up to the amazing work of "The Bitcoin Time Vol 1." There just wasn’t enough time to do it justice during the read, so today I give my take on the plethora of ideas conveyed in Alek Svetski’s awesome work! Don’t forget to listen to the audio if you haven’t yet! Part 1 and 2 linked below: Part 1 - 9ar Part 2 - -e8rqi1 As I said, the ideas in this piece are many & very dense. We've had entire episodes expanding on these topics that are great for a deeper journey down the rabbit hole.  Here are some links to those past works that will elaborate on the many topics. • Money blockchains social scalability -Blockchains--and-Social-Scalability-e2ndsj • Bitcoin can’t be copied n-Cant-Be-Copied-Parker-Lewis-e58g11 • Independent property rights n--the-Promise-of-Independent-Property-Rights-Hasu--Su-Zhu-e3j6b8 • I, pencil cil-Leonard-E--Read-e2ndqm • How The Internet is Too Complex to Work g-of-my-TCP--or-How-the-Internet-is-Too-Complex-to-Work-e32omd • Reckless to Wumbology - The Lightning Build Out ss-to-Wumbology--The-Lightning-Network-Build-Out-Arjun-Balaji-e3235m • Origins of Money of-Money-Nick-Szabo-e2ndom • 7 Misunderstandings of Bitcoin’s Scaling Problem nderstandings-of-Bitcoins-Scaling-Problem-e2ndtf1:25:16November 7, 2019CryptoQuikRead_316 - A New Monetary Network - The Bitcoin Times Vol 1 - Part 2 [Aleksandar Svetski]"Bitcoin is the first time we’ve combined Money as a unit, with Money as a Network, into one thing." - Alexsandar Svetski Dont miss part 2, the conclusion, of Aleks Svetski's excellent volume of "The Bitcoin Times." A new global monetary network, the future & potential of Lightning, the difference between money & payments, Bitcoin & the internet, investing in networks, "dumb" vs "smart," and so much more! Check out volume 1, and be sure to not miss out on the coming editions at the link below: https://bitcointimes.news/ For further reading and exploration of these ideas, check out the other links mentioned in today's read: https://hackernoon.com/why-bitcoin-matters-c8bf733b9fad If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy53:25November 6, 2019CryptoQuikRead_315 - Blockchain is Dead - The Bitcoin Times Vol 1 - Part 1 [Aleksandar Svetski]"When people get up and begin to talk to me about how they’re going to use the blockchain to solve supply chain, or whatever other (mostly ridiculous) idea they have, it reminds of someone who just discovered that limestone aggregate in concrete makes for better strength and better overall properties in concrete; so they then apply it to everything else: • They put some limestone in their green smoothie • On their avocado and toast • In their latte • As a back rub on their partner’s skin • And even as fuel in their car" - The Bitcoin Times, Vol 1 Jumping into a 2 part covering of the first edition of The Bitcoin Times by Aleksandar Svetski and the team over at Amber. "Blockchain is Dead!" - but what is blockchain? Isn't it a breakthrough innovation that can be applied to a plethora of important data sources all around the world? Listen to find out more! For more awesome content, be sure to follow Aleksandar on Twitter, check out the Amber app for simple Bitcoin buying, & see the awesome visual setup of "The Bitcoin Times" over at https://bitcointimes.news/ Don't forget to listen to the hilarious conversation we had with Aleks & the awesome guys from the Citizen Bitcoin Podcast at Bitcoin2019! ski-on-the-Death-of-Blockchain-e4gi7h And lastly, Conner Brown, the author of yesterday's piece "Stop Calling Bitcoin Deflationary" will be featured in the next volume of Bitcoin Times, so follow him as well so you don't miss the next edition. If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy36:03November 6, 2019CryptoQuikRead_314 - Stop Calling Bitcoin Deflationary [Conner Brown]Another great piece from returning author Conner Brown on the false narrative of Bitcoin's "deflationary" problems. Not only does it not result in the many naive claims of the critics, its actually our best defense against those very concerns. An article & discussion full of digital gold, so don't miss it! Follow Conner Brown on Twitter and Medium so you don't miss his awesome insights, and if you enjoyed it, please drop some applause on the article below: 0345 https://twitter.com/_ConnerBrown_ Mentioned multiple times in the show and a rabbit hole unto itself, don't forget to check out WTFHappenedIn1971.com If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below! https://www.patreon.com/thecryptoconomy1:07:27November 4, 2019CryptoChat_025 - On Sovereignty with Knut SvanholmThe author of the incredible work we covered last week, Bitcoin: Sovereignty Through Mathematics, joins us on the show today to talk all about the foundations of his thinking, what sovereignty really means, why we should question our monetary priests, whether we are living in an Orwellian nightmare, or the new renaissance, human inability to understand complex systems, the gullible collective, & why we should all be more "posimistic." 😆 Don't miss a great chat with Knut Svanholm! Links to the tons of other content mentioned in this episode. • Nicosia Masters Program Q&A https://www.youtube.com/user/MScDigitalCurrency • Article: We Are All Venezuelans https://hackernoon.com/were-all-venezuelans-c3ac98354f52 • Hans Rosling's - 200 countries, 200 Years, in 4 Minutes https://www.youtube.com/watch?v=jbkSRLYSojo • TEDtalk: Building a Toaster From, 2019CryptoQuikRead_294 - The Simple Truth About Bitcoin - Money, Bitcoin & Time [Part 4 - Robert Breedlove]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 - -Bitcoin--Time-Part-1---Robert-Breedlove-e52gih Part 2 - 53ug5 Part 3 - e-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 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-1-e47u83 Part 2 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-2-e489f9 Part 3 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-3-e48kao More on the Fascinating Nature of Proof-of-Work: Proof of Work is Efficient -Efficient-Dan-Held-e2ndpk Bitcoin & the 7th Great Disruption of the Digital Age -7th-Great-Disruption-of-the-Digital-Age-e57p9m Anatomy of Proof of Work y-of-Proof-of-Work-Part-1---Hugo-Nguyen-e2ndpg Bitcoin, Chance, and Randomness n--Chance--and-Randomness-Part-2---Hugo-Nguyen-e2ndpi 1:25:16September 17, 2019GuysTake_23 - Revolution in the Protocol [on Nic Carter's "Peaceful Revolution"]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 -Peaceful-Revolution-Nic-Carter-e5bfpm Anatomy of the State https://mises.org/library/anatomy-state A Cypherpunk's Manifesto erpunks-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 n--the-Promise-of-Independent-Property-Rights-e3j6b8 Bitcoin Can't Be Copied n-Cant-Be-Copied-Parker-Lewis-e58g111:14:42September 13, 2019CryptoQuikRead_293 - A Most Peaceful Revolution [Nic Carter]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: e Previous episodes of Nic's amazing work: • Media Coverage of Bitcoin is Still a Total Disaster -Coverage-of-Bitcoin-is-Still-a-Total-Disaster-e2ndqf) • How to Scale Bitcoin Without Changing a thing [Part 1 & 2] -Scale-Bitcoin-Without-Changing-a-Thing-Part-1-e3qgfg -Scale-Bitcoin-Without-Changing-a-Thing-Part-2-e3qsvi • Unpacking Bitcoin's Assurances ing-Bitcoins-Assurances-e4sn3r • Bitcoin's Existential Crisis ns-Existential-Crisis-e2ndok • How to Critique Bitcoin: A Guide -Critique-Bitcoin--A-Guide-e2ndpt • Visions of Bitcoin s-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/thecryptoconomy38:08September 12, 2019GuysTake_022 - But Bitcoin Isn't User Friendly...• 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/thecryptoconomy1:03:22September 9, 2019CryptoQuikRead_292 - Rise of the Sovereign Individual [dergigi]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! 201eee82f00 Other works by Der Gigi can be found below: https://dergigi.com/ 21 Lessons of the Bitcoin Rabbit Hole Part 1 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-1-e47u83 Part 2 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-2-e489f9 Part 3 - sons-of-the-Bitcoin-Rabbit-Hole---Chapter-3-e48kao Proof of Life 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/thecryptoconomy44:33September 6, 2019CryptoQuikRead_291 - Bitcoin Can't Be Copied [Parker Lewis]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/thecryptoconomy41:56September 6, 2019GuysTake_021 - Bitcoin & the 7th Great Disruption of the Digital AgeBitcoin 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) 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 yptocurrency-Phenomenon----The-Iterative-Capital-Thesis-e2u7qq And numerous excellent books that I've pulled together on the Bitcoin Survivor's Book List: 4, 2019CryptoChat_021 - Wealth Power & Influence, Bitcoin talk with Jason & MattThe Bitcoin community needs more Jason Stapleton, so I'm doing my part.  Super excited to have had the opportunity to join Jason Stapleton and Matt Erickson on a favorite show of mine, Wealth, Power & Influence!  Don't miss this great episode plus tomorrow's follow-up where I go further down the rabbit hole on many topics we touched on in this interview.   Don't forget to follow Jason Stapleton (and Matt Erickson) for more of the endlessly entertaining, Wealth Power & Influence podcast. https://jasonstapleton.com/podcast/ If you want to support the work I'm doing to bring all the most incredible Bitcoin content and their fascinating ideas straight to your ears, then become a patron! Plus get access to the exclusive Cryptoconomy Telegram Group! patreon.com/thecryptoconomy 49:15September 2, 2019CryptoQuikRead_290 - Gradually, Then Suddenly [Parker Lewis]"What is money? That is the beginning of the real rabbit hole.” Like the process of going bankrupt, how fiat money inflates, and what it feels like to learn Bitcoin... it happens gradually, then suddenly. We take a break today before getting back into Money, bitcoin & Time, by beginning the awesome series at unchained-captial.com by Parker Lewis that is hitting major topics around Bitcoin and its supposed "failures" one at a time.  A really fun and well written series that's going to inspire great discussion for the show! Today we start with his introductory piece, Gradually, Then Suddenly. https://www.unchained-capital.com/blog/dollar-crisis-to-bitcoin/ Don't forget to follow both Unchained Capital and Parker Lewis so you don't miss the tons of other great stuff they are working on and some really great reading on Bitcoin and the financial markets. https://twitter.com/parkeralewis https://twitter.com/unchainedcap Become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys! https://www.patreon.com/thecryptoconomy32:17August 30, 2019CryptoQuikRead_289 - Bitcoin & Me [Hal Finney]Harold Thomas Finney (May 4, 1956 – August 28, 2014) In one of his last posts on the BitcoinTalk forums, Hal Finney posted a short message about his past, finding Bitcoin, working with Satoshi, coming to terms with his disease, and the legacy he was leaving behind. On this day in 2014 we lost a true cypherpunk. Hal's, Bitcoin and Me08:30August 28, 2019CryptoQuikRead_288 - The Economic Nervous System - Money, Bitcoin, & Time [Part 3 - Robert Breedlove]Today we continue our journey through Robert Breedlove's thorough work by completing section 1 on the incredible history & profound nature of money. • How prices are the economic nervous system • Histories of failed monies • When gold lost its soundness • The Gilded Age • The Century of War • Skin in the game • Free Markets vs Socialism You'll find this amazing work plus much more at parallaxdigital.io/blog Further reading, listening, & exploration mentioned in today's show: Use of Knowledge in Society -Knowledge-in-Society-Part-1-e43pfj -Knowledge-in-Society-Part-2-e444k0 The Island of Stone Money land-of-Stone-Money-e4d6m0 All Wars are Bankers Wars https://www.youtube.com/watch?v=5hfEBupAeo4 Nassim Taleb's "Skin in the Game" If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below! https://patreon.com/thecryptoconomy1:40:54August 28, 2019CryptoQuikRead_287 - Money is a Social Network - Money, Bitcoin & Time [Part 2 - Robert Breedlove]The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue with Robert Breedlove's broad piece covering all of the core ideas that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context.   • Money is a social network • "Hardness" is #1 • The 7 characteristics of a monetary good •  The nature of prosperity • How economies grow So many fascinating concepts and related stories to share on this one.  In the next section we will start back with "The Economic Nervous System" and how the natural emergence of prices creates the incentives to organize and direct our actions. So much more to come, don't forget to subscribe! Don't forget that you can find this incredible work and much more at parallaxdigital.io/blog1:08:55August 26, 2019CryptoQuikRead_286 - Money, Bitcoin & Time [Part 1 - Robert Breedlove]Today we start into an amazing and broad work that tackles the entire argument for Bitcoin, from the origins and nature of money, to the cost and value of time, by Robert Breedlove titled, "Money, Bitcoin and Time." • How does an economy grow? • Why do we even need money? • How extraordinary are the benefits of indirect exchange? • What makes a money sound? Check out the original piece, and read along for a better understanding by following the link below. You'll find this piece plus tons of other great reading. https://www.parallaxdigital.io/blog Don't forget to follow @breedlove22 on Twitter so you don't miss some awesome threads! https://twitter.com/Breedlove22 Mentioned on the Show: A must listen if you haven't heard it, "I, Pencil" - cil-e2ndqm My everyday mission now is to turn every piece of incredible work that sheds light on the understanding of Bitcoin & makes more clear the future of the Cryptoconomy that we seek to build, into the audio version it deserves! Become a patron to help me get that done!  Plus, you'll get to join us in the Cryptoconomy Crew Telegram! https://www.patreon.com/thecryptoconomy58:50August 22, 2019CryptoChat_020 - ITS ALIVE!! Brandon Quittem & Der Gigi on the Bitcoin Organism“Life is like fire, not water; it is a process, not a pure substance. […] The simplest, but not the only, proof of life is to find something that is alive.” — Christopher McKay The author of the incredible Bitcoin Mycelium series, Brandon Quittem, & the author of the 21 Lessons of the Bitcoin Rabbit Hole, Der Gigi, join me today for a 2 hour marathon exploring all aspects of this crazy beast we call Bitcoin.  What does it mean to be alive? What exactly is Bitcoin? Does it work for us, or do we work for it? And if this is a new form of life, how will it change the world? Don't miss this awesome Cryptoconomy Chat. Brandon Quittem Bitcoin Mycelium Series: https://medium.com/@BrandonQuittem Der Gigi Proof of Life 21 Lessons of the Rabbit Hole & more: https://dergigi.com/ Other Things to Explore: Schrodinger's "What is Life" - http://whatislife.ie/schrodinger.htm Conway's "Game of Life" - https://en.m.wikipedia.org/wiki/Conway%27s_Game_of_Life "Evolution of Trust" (game theory) - https://ncase.me/trust/ Scale of the Universe - https://htwins.net/scale2/ Philosophy of Mathematics - https://en.wikipedia.org/wiki/Philosophy_of_mathematics If you would like to join us in the Cryptoconomy Telegram Group, become a patron!  Help me make every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! https://www.patreon.com/thecryptoconomy2:06:52August 21, 2019CryptoQuikRead_285 - Proof of Life [dergigi]"Ralph Merkle... made the argument that Bitcoin is the first example of a new form of life. In this article series, I intend to take this claim seriously, explore it further, and see what can be gleaned from viewing Bitcoin as a living organism." Today we read and discuss the first part of a promising new series from Bitcoin enthusiast and author @DerGigi, titled "Proof of Life."  It will be the perfect precursor to tomorrow's interview with @Dergigi and @bquittem all about the nature of Bitcoin's decentralized organism!  You will hate yourself if you miss this one! Drop some serious applause on the article over at Gigi's Medium page, and don't forget to follow him on Twitter as well: https://medium.com/@dergigi/proof-of-life-fa28fdc002fe For more great content on this same line of thought, Quittem's Mycelium series provides brilliant accompaniment, start with Part 1 below: Original: -mycelium-part-1-3-6ec58cdcfaa6 Audio: n-is-a-Decentralized-Organism---Mycelium-Part-1-e2sarg A shout out to our newest patron, Coley Wommack!! If you would like to join us in the Cryptoconomy Crew Telegram Group, become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys! https://www.patreon.com/thecryptoconomy45:13August 20, 2019CryptoQuikRead_284 - Bitcoin is the Antivirus [Brandon Quittem]Our monetary system has confiscated trillions in resources and value by corrupting the very incentives that keep our economy healthy and resilient… in that world, what role does Bitcoin play? Today we read and discuss the fascinating metaphors in Part 3 of Brandon Quittem’s excellent series on the Bitcoin Organism - “Bitcoin is the Antivirus to Uncertainty” edicine-part-3-4-fd1e6606a3f8 Don’t forget to check out Parts 1 & 2 below, links to the audio as well as the original articles. Bitcoin is a Decentralized Organism: -mycelium-part-1-3-6ec58cdcfaa6 Part 1 Audio: n-is-a-Decentralized-Organism---Mycelium-Part-1-e2sarg Bitcoin is a Social Creature: om-part-2-3-6a05c3abe8f0 Part 2 Audio: n-is-a-Social-Creature--Mycelium-Part-2-e3iq3u Follow Brandon Quittem so you don’t miss the incredible work and perspective he contributes to the space: https://twitter.com/bquittem Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron! https://www.patreon.com/thecryptoconomy58:23August 15, 2019CryptoQuikRead_283 - Invalid Blocks Need Not Apply [StopAndDecrypt]Everything that defines the Bitcoin network is in the validation rules, and the nodes are its enforcers.  An impenetrable fortress of validation.   Because it deserves an episode of its own, today we read @StopandDecrypt's excellent breakdown of the Bitcoin network and the critical importance of fully validating nodes.  Originally an excerpt from a much longer article covered on the show, "Sharding Centralizes Ethereum." Drop some major applause on the original article below and don't forget to explore the graphics for some amazing visualizations of the concepts discussed: d-not-apply-51c293ee278b Support the show and help me turn every amazing work of written content on Bitcoin and the Cryptoconomy into audio by becoming a patron! https://www.patreon.com/thecryptoconomy31:22August 13, 2019CryptoChat_019 - Under The Lightning Hood: ResurrectionThe 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 are the next steps. Bitcoin is back in the spotlight, how long and winding is the road to good privacy, how Bitcoin & Lightning returns power to personal hardware, developing a protocol stack for sovereignty, how Lightning is disappearing into the background, and the coming wave of new Bitcoiners.  Don't miss another fun episode, hanging with the Lightning Hood crew. Don't forget to check out the guests on today's show and follow them on social media! @Pura_Vlda, @PetoVeritas, @CoinBeezy, and the silent, but always present @curlydream60e A shout out to our newest patron, David Parrish for supporting the work of turning all the greatest written work in the Bitcoin space into audio! IF you would like to support my work and join the exclusive telegram group for the Cryptoconomy Crew, become a patron below: https://www.patreon.com/thecryptoconomy1:44:12August 13, 2019CryptoQuikRead_282 - The Right to Read [Richard Stallman]Do we live in an age of liberty, where information is freely accessible, or an age of heavy-handed copyright restrictions where we are losing the ownership of the very devices we hold in our hands? If I had to judge, it's probably a bit of both.   Today we read a fascinating short story that I just recently ran across at the NakamotoInstitute.org by Richard Stallman, a dystopian tale of a future where we have to fight, for our "Right to Read." Thanks to SNI for making the work available, I wouldn't have found it otherwise.  And a thanks to Richard Stallman for the incredible decades long fight he has put up for a Free & Open Source and explore his other work on Medium.  Drop some major applause for this excellent piece at the link below: hats-great-e6994adbfe0f And a reminder to donate if you would like to contribute to the "Bitcoin Attackers Wiki" bounty being organized by JW Weatherman here: https://twitter.com/JWWeatherman_/status/113014680613282201658:03May 20, 2019CryptoQuikRead_248 - Bitrefill's Hottest Lightning Tech of 2019!Today we cover all the incredible new developments coming to Lightning and what they will mean for the future the protocol!  First we tackle the blog post from @Bitrefill introducing the entire list, from AMPs & submarine swaps to trampoline payments & rendezvous routing.  Then I discuss at length further details about each and how these tools together may blur the gap between Bitcoin & Lightning, and turn it into a singular experience.  Don't miss today's show!   If you don't know much about how Lighting works, I encourage you to listen to yesterday's episode where I talk more specifically about what it is, why it will benefit the network, and how we know we can trust it.   y---How-of-Lightning-e41pbe   Don't forget to check out Bitrefill.com for an awesome service where you can buy mobile minutes, gift cards, games, LN liquidity, & tons of other stuff with Bitcoin, Lightning & other cryptocurrencies.  Check out the original post on their blog below to find links on each of these for further exploration. -for-2019-and-beyond-dbaaac6ddfa41:03:31May 16, 2019GuysTake_014 - The What, Why, & How of LightningToday, in preparation of & to understand the significance of the vast array of new features and developments coming to lightning, we cover a full overview of the What, Why, & How of the Lightning Network. What exactly is it, why do we need it, and how exactly does it work? A huge thank you to Aaron Van Wirdum, Pierre Rochard, and Rusty Russell for making this understandable for me, we dive into a high level approach to understanding what’s happening in lightning.  In addition, despite forgetting to mention them in the podcast, a shout out to Christian Decker, Andreas Antonopoulos & Bryan Vu who have also produced great great content that helped in my understanding of lightning as well.42:58May 15, 2019CryptoQuikRead_247 - The Ancient Sin of Debt; How Bitcoin Can Make Amends [Darren Kleine]With a really cool and succinct article from Darren Kleine (@_DKleine), today's read is on the "sins" of debt and usury, and how a good or bad monetary system will either encourage its corruption, or protect society from its abuse.  Don't miss a great little read and fun discussion all about the nature of debt, money, and a new financial world built on Bitcoin. The Ancient Sin of Debt: How Bitcoin Can Make Amends Don't forget to follow Darren and explore the many other great pieces he has written on the topic of Bitcoin & money, plus check out the other work constantly being produced over at TheNewPaper.io.44:22May 14, 2019GuysTake_013 - Nodes vs Miners, Who Defines Bitcoin?Today we cover more specifically the consequences and risks of a divorce between miners & the network of nodes.  What could the miners do, are sybil attacks proof that nodes worthless, what exactly are the incentives that keep the different players in this ecosystem working together?  Don't miss another fun discussion on what defines Bitcoin, and the role that proof-of-work & validation play in this revolutionary technology.1:14:21May 9, 2019GuysTake_012 - Full Nodes or Nothing, The Story of Validation [Part 1]When we dig to the very base elements of Bitcoin, we find it is merely digital points.  What make these integers different from identical ones on billions of other computers?  It is the rules that restrict the editing of those specific integers we call Bitcoin, in other words, it is the network of validating nodes that define it. In this episode you will hear Part 1 of my argument as to why. Don't forget to check out @StopAndDecrypt's relevant article series and the amazing graphics for visualizing the relationship between nodes, miners, and the network by visiting the page below: https://medium.com/@StopAndDecrypt1:00:39May 8, 2019CryptoQuikRead_246 - Errors in Satoshi's Whitepaper [David A. Harding]Today we take a stroll through a collection of known errors, clarification, and terminology changes from the original whitepaper made available thanks to David A. Harding. The chain of signatures, "one-CPU-one-vote," the distinction between nodes and miners, and much more.  This will have some important details we will reference later in the week while exploring validation and nodes on the Bitcoin network, and what it means to "define" the Bitcoin system. Check out Harding's Github page for the full list and other work he has put together, and follow him on Twitter so you don't miss other great content and discussion: ource=share&utm_medium=ios_app https://twitter.com/hrdng1:03:26May 7, 2019CryptoQuikRead_245 - Bitcoin's Gravity [dergigi]A great piece just full of fun analogies on how to imagine the force of nature that is #Bitcoin.  Don't miss our first piece by @dergigi on the show today, exploring Bitcoin as a force of ideological gravity, and how the network codifies a concept into an explicit set of rules to define the game we play.  Today's read, Bitcoin's Gravity! Check out the other work by @dergigi on his personal page below, and also drop some applause on this article and go through the tons of links to the other great work he has spread throughout the piece! https://dergigi.com/bitcoin/ https://medium.com/@dergigi/bitcoins-gravity-e1674ad9f8e4 Here are the other smattering of links & great reads we have covered in earlier episodes: • Unpacking Bitcoin's Social Contract by @Hasu ing-Bitcoins-Social-Contract-e2oct5 • Visions of Bitcoin by @Hasu & @nic_carter s-of-Bitcoin-e2ndqq • Crypto-incrementalism vs Crypto-anarchy by @tonysheng -Incrementalism-vs-Crypto-Anarchy-e2ndrd • The Hodlonaut Defense Fund https://weareallhodlonaut.com/ • The Long Road to SegWit ng-Road-To-Segwit-e2ndsv • SegWit2X Bugs Explained 2x-Bugs-Explained-e2ndq044:54May 6, 2019CryptoQuikRead_243 - Bitcoin in Heavy Accumulation [Part 2 - Tuur Demeester, Michiel Lescrauwaet]The conclusion of the Adamant Capital report from Tuur Demeester & Michiel Lescrauwaet on the current state & sentiment of the Bitcoin markets.  What could send the price lower? Where are we in the financialization process of the Bitcoin market? Is there still a possibility that Bitcoin becomes a globally recognized reserve asset?  Find out in Adamant Capital report: Bitcoin in Heavy Accumulation Don't forget to check out the Adamant Capital website & Blog for more data, and download the full report to see the numerous charts and data that is difficult to cover in the audio: https://www.adamantcapitalfund.com/blog/ https://docsend.com/view/jwr8qwx Follow the team on Twitter so you don't miss anything: https://twitter.com/TuurDemeester https://twitter.com/MLescrauwaet https://twitter.com/Adamant_Capital30:09May 3, 2019CryptoQuikRead_243 - Bitcoin in Heavy Accumulation [Part 1 - Tuur Demeester, Michiel Lescrauwaet]Today & tomorrow we will be going through the Adamant Capital report by Tuur Demeester & Michiel Lescrauwaet on the current state and sentiment of the Bitcoin markets, and the data that backs up their analysis.  Is the bear market over? Should we be searching for bull horns breaking the horizon?  Find out in Adamant Capital report: Bitcoin in Heavy Accumulation Don't forget to check out the Adamant Capital website & Blog for more data, and download the full report to see the numerous charts and data that is difficult to cover in the audio: https://www.adamantcapitalfund.com/blog/ https://docsend.com/view/jwr8qwx Follow the team on Twitter so you don't miss anything: https://twitter.com/TuurDemeester https://twitter.com/MLescrauwaet https://twitter.com/Adamant_Capital28:59May 2, 2019CryptoQuikRead_242 - Neutrino is Dangerous to my Self-Sovereignty [Nicholas Dorier]In the follow-up to yesterday's article, we are covering Nicolas Dorier's second article on Neutrino, detailing the systemic risks of widespread SPV, and breaking down the different types and specific consequences of various node setups on the network.  With the controversial stance that SPV threatens self-sovereignty more than even custodial wallets, Nicolas cedes no ground.  Don't miss another great article! A brief shout out to the Casa suite in the commentary as well. Don't forget to head over to @nicolasdorier's Medium page and drop some applause on this article, plus check out the other great work he has done on other topics: vereignty-18fac5bcdc2535:45May 1, 2019CryptoQuikRead_241 - Why I Don't Celebrate Neutrino [Nicholas Dorier]Today we read an article from developer @nicolasdorier that illustrates why Neutrino might not be the panacea some seem to treat it as.  It certainly has its benefits, but its important to look critically at every proposal, to ensure we understand what is, not what we wish to be. Why I Don't Celebrate Neutrino Don't forget to thank Nicolas for letting me cover his work and head over to his Medium page and drop some applause on this article, or get a head start on his follow-up that we will read tomorrow: a5fda0 https://medium.com/@nicolasdorier Disclaimer: I did not read this article 100% verbatim, as Nicolas's first language is not english, there were multiple slightly odd wordings when read aloud.  I corrected minor word choice/order on a few occasions to make the sentences clearer, but without altering the meaning as far as I interpreted it. Any mistakes in this regard are my own. Previous Episode Introducing Neutrino: no-The-Lighter-Side-of-Lightning-e2ndp429:56April 30, 2019CryptoChat_011 - Lightning, Paywall.Link, & the Bootstrap Bandit Today we bring Tim K (@bootstrapbandit) on the show to talk all about the Lightning Network & a new tool he built at Paywall.Link.  Don't miss this fun conversation about the positives and negatives of lightning, how easy it is to build for, and what the potential for this network is going forward.  Enjoy! Don't forget to follow @BootstrapBandit on Twitter and check out what he is building over at Paywall.link.1:05:26April 29, 2019CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]Today we grab a section out of one of the many incredible works by Murray N. Rothbard to discuss the idea of marginal utility and why money must be a good, and actually is not a unit of measure.  As value can only be measured as relational to another good, money follows the same law of diminishing marginal utility.  Find out why with our read & discussion of Rothbard's "Toward a Reconstruction of Utility and Welfare Economics" from the incredible library at the Mises Institute. Check out the full work to dive much deeper into this topic and so much more at Mises.org and the link below: onomics-0#223:02April 26, 2019The Case for Electronic Cash [Jerry Brito]The full audio version of "The Case for Electronic Cash" by Jerry Brito. Abstract  Cash is more than a method of payment. It is a fundamental tool for individual privacy and autonomy, and it is necessary for an open society. This paper shows that a cashless economy is a surveillance economy. It also argues that removing the option to freely transact without intermediation greatly limits our economic self-determination, placing our economic lives in the hands of financial institutions and governments. This paper presents several case studies demonstrating the dangers of a completely intermediated payments system and concludes that electronic cash is a tool that should not only be tolerated, but fostered and celebrated. The Case for Electronic Cash PDF Coincenter.org Jerry Brito on Twitter Cryptoconomy.Life1:04:11April 25, 2019GuysTake_011 - Why Lightning SucksLightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds.  Doesn't this make it a protocol destined to obscurity and disuse?  Doesn't it mean that better, simpler options will simply replace it, and Bitcoin is to fail from its extensive limitations?  Find out all the ways I find Lightning *doesn't* do its job well, & what I think it means for the future in today's Guy's Take episode! Mentioned in the show: paywall.link pollofeed.com schnorr signatures previous Guy's take on the complexity of the internet1:05:13April 24, 2019CryptoQuikRead_239 - How to Scale Bitcoin Without Changing a Thing [Part 2 - Nic Carter]Even with #Bitcoin, are we destined for a future with intermediated payments?  Will that give us a different color of the same system we're stuck with today, or will Bitcoin still prove to be a revolution in financial trust?  Lets dig deeper into the objections to Bitcoin Banks in Part 2 of @nic__carter's "How to Scale Bitcoin (without changing a thing)." Another huge thank you to Nic for this work and sparking an important discussion! Drop some major applause on this work and share it with others who have yet to read Nic's amazing body of work! a-thing-bc4750dd16c755:00April 23, 2019CryptoQuikRead_238 - How to Scale Bitcoin Without Changing a Thing [Part 1 - Nic Carter]"I believe that institutional scaling presents an under-appreciated scaling vector, and it is quite possible to employ it without significantly compromising Bitcoin’s assurances." Don't miss today's article, another fantastic read by Nic Carter (@nic__carter), on the Finneyan view of scaling Bitcoin for its highest value proposition; creating a settlement network with the potential of correcting our far-too-frequent problems of monetary inflation & systemic insolvency.  "How to Scale Bitcoin (without changing a thing)" We will finish this up with Part 2 tomorrow, but in the mean time please drop some major applause on this work and share it with others who have yet to read Nic's amazing body of work! a-thing-bc4750dd16c71:09:53April 22, 2019CryptoQuikRead_237 - Casa Keymaster Security - Mobile Key Overview [Jameson Lopp]Today we go through a recent blog post by Jameson Lopp and the Casa team that goes into the clever, meticulous design used to ensure the security and recoverability of the mobile key for their Keymaster app.  Don't forget to check out the Casa blog to see the other exciting announcements and ongoing developments from the Casa team. 14April 18, 2019CryptoQuikRead_236 - How Is Fiat Money Possible [Part 3 - Hans Hermann Hoppe]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! 59:02April 17, 2019CryptoQuikRead_235 - How Is Fiat Money Possible [Part 2 - Hans Hermann Hoppe]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.51:24April 16, 2019CryptoQuikRead_234 - How is Fiat Money Possible [Part 1 - Hans Hermann Hoppe]"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." Another great suggestion by @stephanlivera, we begin our dive into Hans-Hermann Hoppe's extended piece on the Devolution of money and credit, "How is Fiat Money Possible."  Don't miss an incredible read and fun discussion that follows. Don't forget to check out the vast collection of knowledge at Mises.org for this work and many more like it.35:43April 15, 2019CryptoQuikRead_233 - Exit & Freedom [Nick Szabo]Building on the principles discussed in our exploration of the consequences of a society without cash, we apply it to a broader principle of how the power to exit acts as a check on abuse and centralization.  And who better to cover this topic with, than Nick Szabo?  Today we read and discuss Szabo's blog post from 2007 titled, Exit and Freedom. Don't forget to follow Nick on Twitter and explore the enormous body of work he has contributed over decades at his blog: il 12, 2019CryptoQuikRead_232 - The Case for Electronic Cash [Part 3 - Jerry Brito]The conclusion of The Case for Electronic Cash by Jerry Brito.  Today we close out this amazing piece with the moral case for why we should not only refrain from demonizing and restricting digital cash, but we should foster and celebrate it! A huge thank you to Coin Center for this work, and don't forget to check out the incredible work they do. The original work can be downloaded here: in-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report. 24:40April 11, 2019CryptoQuikRead_231 - The Case for Electronic Cash [Part 2 - Jerry Brito]Continuing with Part 2 of "The Case for Electronic Cash" from Jerry Brito and CoinCenter.org.  The consequences of total dependence upon financial intermediaries and how it is already affecting people today.  Don't forget to check out CoinCenter.org for tons of information on all topics around Bitcoin and cryptocurrency technologies. The original work can be downloaded here: in-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report. 42:51April 10, 2019CryptoQuikRead_230 - The Case for Electronic Cash [Part 1 - Jerry Brito]Today we begin the long, and rewarding journey through Jerry Brito's & Coin Center's Report on "The Case for Electronic Cash." This is an incredible work present several case studies to explore the trade offs of privacy and individual autonomy, the nature of an open society, the consequences of a fully intermediated society, and how cash plays a critical role in it all.  This will be a multi-part series that is not to be missed! Begin Part 1... Don't forget to check out CoinCenter.org for tons of information on all topics around Bitcoin and cryptocurrency technologies. The original work can be downloaded here: in-center.pdf Also, don't forget that there are tons of footnotes and references that I do not cover in the audio for further digging into this topic.  They can all be found in the full report. 44:14April 9, 2019CryptoQuikRead_229 - Why the State Demands Control of Money [Hans Hermann Hoppe]What if there was a clear and obvious reason that the state monopolizes the production of money, that after understanding, you simply cannot unsee?  What if the story we are all told of governments and central banks protecting the economy from crises, is actually the perfect opposite of what's really happening?  Another great piece from Mises.org, by Hans Herman Hoppe; "Why the State Demands Control of Money." Don't forget to check out the invaluable work made available by the Mises Institute over at Mises.org.53:08April 8, 2019CryptoQuikRead_228 - Minimum Viable Decentralization [John Backus]Today we cover another great piece on the topic of what can be learned from the history of P2P protocols and their successes & failures.  Written by John Backus @backus, his article "Minimum Viable Decentralization," lays out a concept that may have been the deciding factor that separated the winners and losers in the file sharing revolution.  Why did BitTorrent succeed even without a discovery mechanism and its lack of privacy, when technology like Freenet, or iMule offered vastly better privacy and security than alternatives?  Listen to find out. Plus, don't miss my commentary on how this concept, plus others from recent reads, could be applied to the Bitcoin/Lightning stack as well as other altcoins and blockchain applications.  There is an entirely new ecosystem at stake, not learning from the failures of the file sharing years could be a recipe for disaster. Don't miss this one. Follow John Backus on Twitter (https://twitter.com/backus) and don't forget to drop applause on his amazing collection of works over on Medium 3fc) Listen to the previous episode by Backus mentioned in the commentary here rotocols-Arent-New-e2ndq4)47:17April 5, 2019CryptoQuikRead_227 - Bitcoin is a Hedge Against the Cashless Society [Hasu & Su Zhu]Another excellent piece from Su Zhu and Hasu at uncommoncore.co and a great introduction to the dynamics and risks at stake in the cashless society.  Is the cashless society the frictionless future we want?  Or is it frictionless mass surveillance and frictionless negative interest rates?  Cash may serve a far more important role than merely a means of payment.  Find out more in today's episode, reading: Bitcoin is a Hedge Against the Cashless Society Don't forget to follow and check out the many other great articles from these two excellent authors. Plus, click their tags on Cryptoconomy.life to find the many other works of theirs we have covered on the show.45:17April 4, 2019CryptoChat_010 - Guy & the PayPod on How Bitcoin Will Change the WorldToday we have another great chat with Scott from The PayPod discussing the impact and philosophy of Bitcoin!  Check out Soarpay.com, the sponsor for The PayPod and where the are hosted to find many other episodes of their show discussing new technology in the world of digital payments. And don't forget to follow them on Twitter.43:57April 3, 2019My Favorite Bitcoin Holidays? A Walk with Guy Through Bitcoin HistoryToday we go on an extended walk through some of the most epic days of Bitcoin's and the Cryptoconomy's history! Telling some of my personal experiences and the crazy times that were had.  Do you know about the origins of some of Bitcoin's biggest memes?  Do you know what started the Blocksize Wars? Do you know when the first shitcoin was born? All this and much more in our discussion of my Cryptoconomy Holiday Calendar. If you want to celebrate these holidays with me, and want this on your own calendar, feel free to grab the info off of the website. It is obviously free to use and share around.  If you would like to save yourself the work, then I have made a calendar you can easily download and import to your own so you can be notified of every one! Find it on Cryptoconomy.life below: https://cryptoconomy.life/calendar/ Mentioned at the beginning of the podcast were Ansel Linder with the Bitcoin & Markets podcast, and the guys over at the Citizen Bitcoin podcast.  If you haven't explored their work they have some awesome stuff to check out.  Not to be missed! https://twitter.com/btcmrkts https://twitter.com/CitizenBitcoin1:34:27April 2, 2019CryptoQuikRead_226 - Schnorr Signatures & The Inevitability of Privacy in Bitcoin [Lucas Nuzzi]"The need for privacy and the long-term sustainability of Bitcoin without block rewards are perhaps two of the most most alarming issues surrounding Bitcoin today." - Lucas Nuzzi Could Schnorr signatures be the puzzle piece that eliminates a major limitation on the costs and ease of privacy at Bitcoin's base layer, while at the same time, incentivizing a robust fee market, and enabling a wide range of more dynamic smart contracts? The next soft fork in Bitcoin could be the most exciting and significant change that Bitcoin ever sees. You don't want to miss this great piece by Lucas Nuzzi covering the ins and outs of Schnorr signatures and how it will change the game for Bitcoin privacy.   Drop as many claps as you can on his article below and remember to check out the tons of other great articles of his and others posted on the Digital Assets Research publication: bility-of-privacy-in-bitcoin-b2f45a1f728746:13March 29, 2019CryptoQuikRead_225 - Bitcoin & the Promise of Independent Property Rights [Hasu & Su Zhu]"That is the key innovation of Bitcoin: It detaches property rights from the legal system and the monopoly on violence. For the first time, we can have property that does not rely on a local authority to enforce and protect. It is easy to conceal, defend, divide, move, and verify — all by yourself, granting you the highest level of personal sovereignty." @Hasu & @suzhu Don't miss Part 3 of the "Skeptics Guide to Bitcoin" breaking down how Bitcoin enables property rights under an entirely new paradigm of social institution.  Is Bitcoin a competitor to VISA and Paypal, or something else entirely? Check out the full article, plus the rest of this series and many other great articles by clicking the link: y-rights/ Subscribe to @Hasufly and @suzhu's medium pages and Twitter tags so you don't miss their next piece! For Parts 1 & 2 of this series in audio if you've yet to cover them, listen at the links below: https://anchor.fm/dashboard/episode/e2ndo3 https://anchor.fm/dashboard/episode/e2oct5 26:24March 28, 2019CryptoQuikRead_224 - Bitcoin is a Social Creature, Mycelium Part 2 [Brandon Quittem]"To the casual observer, most of bitcoin’s life is boring — months go by with relatively little action. Then when conditions are just right, bitcoin explodes into life, growing massively in size, and hijacking the consciousness of observers." - Brandon Quittem Today we're diving back into the series by Brandon Quittem that peers from a bird's eye view at the nature of Bitcoin, and explores its patterns and growth through the framework of a mycelial network.  Can fungi teach us something about Bitcoin? Can it teach us something about ourselves? Find out in Part 2: Bitcoin is a Social Creature View the graphics and drop some applause on Brandon's article over on his medium page: om-part-2-3-6a05c3abe8f0 You can find the link to read or listen to Part 1 here: https://anchor.fm/dashboard/episode/e2sarg And the link to read or listen to Hasu's article referenced in this piece here: https://anchor.fm/dashboard/episode/e2oct535:45March 27, 2019GuysTake_009 - A Trust Model Comparison: Bitcoin vs. the Mighty DollarDisclaimer: If you are an ardent supporter of government projects, believe in the moral fiber of politicians, and in the power of voting to produce the greater good, then you will likely not enjoy this episode.  You were warned ;) It feels like a good day for a long discussion comparing the trust model of government money, and the trust model of a decentralized, proof-of-work blockchain.  Aka - Bitcoin vs. The Dollar.  So lets take a dive into the various systems, their consequences, and the incentives that envelop both the rules and monetary policy that govern the Bitcoin system, and those that govern our political and banking institutions. Don't forget to check out Cryptoconomy.life to explore more episodes like this plus hundreds of Bitcoin articles made available in audio format. Spoiler alert: The dollar doesn't fair so well.59:25March 26, 2019CryptoQuikRead_223 - Ethereum Architecture is Flawed [Hugo Nguyen]"Ethereum’s #1 problem is not a problem of product-market-fit but one of engineering soundness. Ethereum architecture is based on a flawed and unscalable idea: it assumes that “smart contracts” need computations to be replicated on thousands and thousands of machines." Today we cover Hugo Nguyen's Twitter-thread-turned-blog-post on the flawed fundamental philosophy of the Ethereum system and what the core value provided by a public blockchain network really is.  Drop some applause and explore the many other great posts from Hugo over at his Medium page and follow him on Twitter: efd15db3e33:52March 25, 2019CryptoQuikRead_222 - Decentralized Disruption, Who Dares Wins: BitTorrent Lesson 4 [Simon Morris]So what is the outcome of decentralized disruption?  Who are the winners when there is a shift to an entirely new paradigm? Don't miss the conclusion of Simon Morris's excellent series on the lessons #Bitcoin & Crypto can learn from the history and challenges of the BitTorrent ecosystem.   Somehow I managed to entirely miss the Post Script at the end of the article which deserves a nod!  So when you head over to follow @Simonhmorris on Medium and applaud this series don't forget to check out the post script at the end of Part 4! ns-bittorrent-lessons-for-crypto-4-of-4-f022e8641c1a 35:43March 22, 2019CryptoQuikRead_221 - Intent, Complexity, & Governance Paradox: BitTorrent Lesson 3 [Simon Morris]In the context of Part 2, knowing that the true value of decentralization is in breaking rules, Simon Morris now explores the consequences of a systems "intent," the incredible complexity and balance it requires to sustain them, & the paradox of making changes to a system whose power resides in its capacity to resist change.  Listen to Part 3 of Simon's series on the lessons we can learn from BitTorrent. Lets see if we can't add 300 claps to Simon's series by heading over to the original article and going trigger happy on the applause button at: paradox-bittorrent-lessons-for-crypto-3-of-4-1d14ac390f3f 27:23March 21, 2019CryptoQuikRead_220 - Not Breaking Rules? You’re Doing it Wrong: BitTorrent Lesson 2 [Simon Morris] Today we cover Part 2 of Simon Morris's excellent series on the lessons we can take from BitTorrent to better understand the goals and value of Bitcoin and Crypto.  If it doesn't break the rules, then why does decentralization even matter?  Don't miss the excellent article, with a few exciting updates from today about Lightning Network development, and followed by my commentary on all the different ways I think #Bitcoin is "Breaking the Rules." Click that applause button like crazy to throw some digital claps at Simon Morris on Medium (also follow him on Twitter) for this great series! ing-it-wrong-bittorrent-lessons-for-crypto-2-of-4-72c68227fe69 To check out the #Lightning developments discussed early in the episode, follow the links below: https://twitter.com/alexbosworth/status/1108414132997353472 https://twitter.com/lightning/status/110839880948100300841:16March 20, 2019CryptoQuikRead_219 - Why BitTorrent Mattered: Lesson 1 [Simon Morris]Bitcoin is an incredibly novel technology, there are few technologies that can boast the revolutionary impact that Bitcoin potentially has. However, there is still much to be learned from its predecessors and benefactors.  One of those being the resilient and disruptive ecosystem of the BitTorrent protocol. Simon Morris, a 10 year veteran of the company, BitTorrent Inc., brings us a 4 part series exploring exactly what we can learn from our Peer-2-Peer history, and the challenges that faced an industry breaking technology. Find Part 1: Why Bitcoin Mattered, on Simon's Medium page below, along with the rest of this excellent series.  Don't forget to drop some claps on this one! ssons-for-crypto-1-of-4-fa3c6fcef488 You can also check him out on Twitter below: https://twitter.com/simonhmorris22:53March 19, 2019CryptoQuikRead_218 - The Resolution of the Big Block Experiment [Lucas Nuzzi]If you missed the insanity that happened during the "Block Wars" that extended from 2014 all the way to late 2017 with the split of Bitcoin Cash, then you aren't going to want to miss this article.  With a thorough overview of both the history and core ideas behind the numerous ideas and personalities wrapped into the blocksize debate, Lucas Nuzzi lays out the full picture with his article "The Resolution of the Big Block Experiment." Drop some applause on this excellent write-up by heading over to k-experiment-e1df3e38d03f and while you are there be sure to check out his more recent article on Schnorr Signatures and Bitcoin privacy! Follow @LucasNuzzi on Twitter to stay up on the other incredible work he is doing. 1:08:51March 18, 2019CryptoQuikRead_217 - Sovereignty as a Service [Jeremy Welch]Another short but excellent blog post covering the incredible work being done by the team over at @CasaHODL.  For the first time we are seeing a user friendly application of one of Bitcoin's core differentiators.  Sovereignty as a service is a beautifully simple idea with huge implications.  Don't miss this great piece by Jeremy Welch on the philosophy behind the Casa service, & check out the other awesome tools and products at https://blog.keys.casa/23:08March 14, 2019CryptoQuikRead_216 - Formalizing & Securing Network Relationships [Part 3 - Nick Szabo]The risks and benefits of chargebacks, the nature of the trade-off between contract enforcement & ensuring privacy, the elements of splitting contractual elements (the ripped dollar bill) to minimize trust, pseudonymous credit ratings, and so much more in our completion of Szabo's essay, “Formalizing and Securing Relationships on Public Networks.” More amazing foresight into the problems of smart contract design, detailed more than a decade before Bitcoin even existed. Link to the Nakamoto Institute for hosting this incredible work: h 12, 2019CryptoQuikRead_215 - Formalizing & Securing Network Relationships [Part 2 - Nick Szabo]Listening to an essay from 1997 that details specific challenges of something as distant as the smart contract embedded into the Lightning Network shows the unbelievable foresight of the cypherpunks. As well as the dedication to seeing their vision become a reality. Don’t miss the continuation of Szabo’s amazing piece, “Formalizing and Securing Relationships on Public Networks.” Link to the Nakamoto Institute for hosting this incredible work: https://nakamotoinstitute.org/formalizing-securing-relationships/ Don't forget to check out the many different elements discussed in the commentary if you want to learn more. Neutrino: tning/ Eltoo: sm-for-lightning/43:19February 27, 2019CryptoQuikRead_214 - Formalizing & Securing Network Relationships [Part 1 - Nick Szabo]"... The movement from static to dynamic media promises to bring about a fourth cost revolution in the related areas of jurisdiction, trust, and security. Impacts on business will be felt in law, accounting, auditing, billing, collections, contracts, confidentiality, and so on: in short, the entire nature of our business relationships will be altered in ways only partially foreseeable." - Nick Szabo Diving into another excellent piece from Szabo on establishing and updating how we create, enforce, and control relationships in the world of cyberspace.  Check out the full essay at the Nakamoto Institute: https://nakamotoinstitute.org/formalizing-securing-relationships/ And don't forget to follow Szabo on Twitter: https://twitter.com/NickSzabo433:26February 21, 2019CryptoQuikRead_213 - MuSig, A New MultiSignature Standard [Andrew Poelstra]Cypherpunks write code! Last year we received a published paper detailing the advantages of the new MuSig Multisignature Scheme, this year we get the code.  From the incredible minds at Blockstream, don't miss an exciting development in cryptographically securing and verifying ownership among increasingly complex & private groups of individuals. To explore numerous links and further reading, as well as the other amazing work from Blockstream, check out the full article below: /36:39February 19, 2019CryptoChat_009 - Holding the Lightning Torch on the Rollo & Slappy ShowIf you haven't heard it yet, don't miss an awesome discussion all about Lightning and holding the Torch with the guys from the Rollo and Slappy Show! Check out @RolloMcFloogle and @Slappy_Jones_2 for more awesome content & definitely check out the amazing playlist for a deep understanding of Bitcoin over at 10HoursOfBitcoin.com1:06:20February 13, 2019CryptoQuikRead_212 - 5 Things I've Learned After a Year in Bitcoin [Jason Smith]Another great Twitter thread to cover, this time from Jason Smith (@iwearahoodie) covering 5 incredible lessons learned after a year of being seriously into #Bitcoin.  Are they the same things you've learned? Follow Jason and read the full thread here.39:56February 11, 2019The Human Threat Model [JW Weatherman]"The human threat model is intended to help humans better understand the threats to that they face and the tools available, and in active development, for defense. Threats are assumed to be any activity designed to prevent humanity from accomplishing it's mission to make the world delightful."  @jwweatherman1:16:35February 8, 2019The Bitcoin Threat Model [JW Weatherman]"The Bitcoin Threat Model is intended to help developers, investors and users better understand the security of Bitcoin. Threats are assumed to be any activity designed to prevent Bitcoin from accomplishing its mission to become cash (including a unit of account)." @jwweatherman1:12:36February 8, 2019CryptoQuikRead_211 - Human Threat Model [Part 2 - JW Weatherman]The conclusion of the epic "Human Threat Model," by @jwweatherman.  An exploration of the attack surface that exists in the very nature of being human, and how #Bitcoin could both change the fundamental relationship that we have with thieves and governments, as well as open up avenues to actually exploit the selfishness of corruption to take actions against itself.  Another exciting read from JW!45:23February 8, 2019CryptoQuikRead_210 - Human Threat Model [Part 1 - JW Weatherman]Today we begin the "Human Threat Model," by @jwweatherman.  An exploration of the attack surface that exists in the very nature of being human, and how #Bitcoin could both change the fundamental relationship that we have with thieves and governments, as well as open up avenues to actually exploit the selfishness of corruption to take actions against itself.  Another exciting read from JW!59:54February 7, 2019CryptoQuikRead_209 - The Bitcoin Threat Model [Part 2 - JW Weatherman]Continuing with Part 2 of the journey through the "Bitcoin Threat Model" to be followed by the "Human Threat Model," both by @jwweatherman.  An exploration and extensively sourced work on the many different attack vectors and adversarial conditions within the Bitcoin system, their likely effect, and the security measures in place to mitigate them. 54:20February 5, 2019CryptoQuikRead_208 - The Bitcoin Threat Model [Part 1 - JW Weatherman]Beginning the journey through the "Bitcoin Threat Model" and the "Human Threat Model," both by @jwweatherman.  An exploration and extensively sourced work on the many different attack vectors and adversarial conditions within the Bitcoin system, their likely effect, and the security measures in place to mitigate them. 38:31February 4, 2019CryptoQuikRead_207 - Announcing the Casa Browser Extension [Nick Neuman]A lot of announcements and tons of exciting stuff to talk about in this episode!  Plus our read of the just released Casa Browser Extension, inspired by the Lightning Joule extension,  which is one of the coolest additions to the Casa suite yet, plus they are now Open Source!! Don't miss an exciting episode with today's QuikRead!   Check out the official announcement article & other posts over at blog.keys.casa. And follow Nick Neuman, Jameson Lopp, Jeremy Welch, Alena Vranova, Blake Neuman and others to stay up on the incredible stuff happening at Casa! These guys are changing the game on the daily!30:05February 1, 2019GuysTake_008 - The Lightning of my TCP, or How the Internet is Too Complex to WorkA follow-up to our previous episode "#Reckless to Wumbology" discussing the incredible development and new tools coming to the Lightning Network. As well as an exploration of the vast complexity of the internet and how, surely, it could never work. Get ready for a long rant in this Guy's Take episode XD1:02:41January 30, 2019CryptoQuikRead_206 - #Reckless to Wumbology, The Lightning Network Build-Out [Arjun Balaji]Want to know more about Neutrino, Submarine Swaps, Dual Funded Channels, Atomic Multi-Path Payments, Splicing, Sphinx Send, Eltoo, Channel Factories, Watchtowers, and the incredible list of new products coming for the Lightning Network? Look no further, Arjun Balaji (@arjunblj) & TheBlockCrypto (@theblock__ + @mdudas) brings us a walk through the major developments in Lightning with "From #Reckless to Wumbology."  Don't forget to check out TheBlockCrypto.com and the tons of links to explore in the Full Article. 36:20January 28, 2019CryptoQuikRead_205 - Seven Guiding Principles at Casa [Jeremy Welch]Today we go through a short but awesome run down of the guiding principles at Casa. This company is one to watch very closely over the coming years, and a few things from their recent post make this very clear. Check out the full article and follow Casa on Medium Here. Don't forget to grab your Casa BTC/LN Node if you haven't yet, and of course, be sure to follow them on Twitter.28:37January 25, 2019CryptoQuikRead_204 - Winner Takes All, or Winner Takes Most? [Misir Mahmudov & Yassine Elmandjra]"Today, there exists over 180 currencies across 195 countries. The reason for such an anomaly is simple: there is no free market for currencies. Currency markets have been restricted by governments in order to maintain financial control." A great start to a 3 part series by Misir Mahmudov and Yassine Elmandjra. View the full article here, and don't forget to follow the authors on Twitter at @misir_mahmudov & @yassineARK. Bitcoin: Winner Takes All, Or Winner Takes Most? Listen to find out. 30:05January 23, 2019CryptoQuikRead_203 - Dont Trust, Verify, A Bitcoin Private Case Study [CoinMetrics]An amazing piece of work from the Coinmetrics.io team using the full node data and some serious digging to uncover the fraudulent minting of over 2 Million BTCP coins!  A detailed analysis of how and when the coins were created, and how it managed to go unnoticed for such a long time. See the article in full plus the accompanying charts and data proving their findings at: https://coinmetrics.io/bitcoin-private/ Check out the incredible research by the CoinMetrics team at their website and follow them on Twitter.39:10January 17, 2019CryptoQuikRead_202 - Satoshi's Vision is a Silly Endeavor [Dan Held]Taking a dive into an awesome tweetstorm from @danheld about the context, purpose, and beginnings of Bitcoin and whether it meets "Satoshi's Vision," or if it even matters.   Follow Dan on Twitter and check out the full thread below: https://twitter.com/danheld/status/1084848063947071488 For some more fun regarding Satoshi's Vision and whether BCH is any nearer or further from that ambiguous idea, check out my own article - How Many Forks Does it Take to Get to the Center of Satoshi's Vision?27:19January 15, 2019What's Really Driving the Cryptocurrency Phenomenon? - The Iterative Capital ThesisThe complete reading of Iterative.Capital's incredible and thorough thesis, "What's Really Driving the Cryptocurrency Phenomenon?" For more excellent research and news in the Bitcoin/Cryptocurrency space, visit and subscribe at https://iterative.capital/ For OTC trading at industry low prices, visit https://i2trading.com/ And for an extensive collection of Bitcoin related educational and written content available in audio, visit http://Cryptoconomy.Life4:07:32January 12, 2019GuysTake_007 - Happy Birthday Bitcoin, Looking Back on 10 Insane YearsA look at the crazy past, the present, and the future of Bitcoin and where I think things are headed.  Bitcoin is here to stay and there are 10 amazing years of Proof-of-Survival I can point to as evidence. Happy Birthday Bitcoin, may the next 10 years be just as crazy!44:27January 3, 2019CryptoQuikRead_201 - Bitcoin is a Decentralized Organism - Mycelium [Part 1 - Brandon Quittem]"Bitcoin is a living system constantly changing based on environmental stimuli. True understanding is a moving target unlikely to ever be hit. Attempting to answer the question “what is bitcoin,” I found exploring parallels to the natural world to be particularly illuminating." - Brandon Quittem Don't miss this dive into understanding Bitcoin by exploring some of the most powerful systems in the natural world that evolve and survive against all odds. Bitcoin Is A Decentralized Organism by @bquittem Drop some applause on the article and check out the graphics and many links to videos, other articles, and websites that expand and elaborate on the fascinating world of mycelia at: -mycelium-part-1-3-6ec58cdcfaa6 38:51January 2, 2019CryptoChat_008 - Under the Lightning Hood with @petoveritas, @Crypt0PuraVida, & @CoinBeezyAfter setting up and experiencing The Lightning Network firsthand as part of the Casa Node crew and our own little pool of channel liquidity and management, we bring 3 guests on the show to talk all about Lightning, what they are working on, and what they hope for the future. Don't miss this one! And don't forget to bookmark LightningHood.com (@lightning_hood) for all your Bitcoin & Lightning resources! Our Guests: https://twitter.com/Crpt0PuraVida https://twitter.com/petoveritas https://twitter.com/CoinBeezy (silent 4th guest) https://twitter.com/curlydream60e Mentioned on the show: https://lightningjoule.com/ https://tippin.me/ https://althea.org/ https://www.gotenna.com/ https://samouraiwallet.com/ https://www.opennode.co/ https://www.wasabiwallet.io/1:47:52December to the great article by richard myers introducing TxTenna!  Check out the other links and the full article oin/ And don't forget to check out Samourai Wallet:https://samouraiwallet.com/23:19May 18, 2018CryptoQuikRead_072 - Another Game Changer | Blockstream's LiquidLiquid is finally arriving! The sidechain that could be a game changer for scalability, custodial trust, exchange privacy, and overall speed and liquidity throughout the crypto industry.  Listen to the introduction from @Billfodl_Wallet written by its founder @Colin_Aulds! Dont forget to check out the full article and the awesome products at eam-liquid21:33May 17, 2018CryptoQuikRead_071 - Why Blockchain is HardAre Bitcoin maximalists just cultist fools?  Or are they realists who have yet to see a solid case for alternative blockchains?  Hitting Jimmy Song's article "Why Blockchain Is Hard" we find out what blockchain is, and what it isn't.  Listen for more! Dont forget to check out the full article on Cong's Medium page for numerous funny 16ea4c5c34:20May 16, 2018CryptoQuikRead_070 - Joe Lubin & Jimmy Song Bet Over Blockchain 'Magic Dust'The most entertaining panel discussion so far @Consensus2018 was between Joe Lubin, Amber Baldet, and Jimmy Song.  Song met the panel with uninhibited skepticism over the "blockchain hype." We read David Floyd's article for details on what happened as a lead into the next quick read.  Link to David Floyd's article at r.com&utm_campaign=buffer07:40May 15, 2018CryptoQuikRead_069 - The State of Cryptocurrency MiningThis may be one of the most important articles I’ve read to date.  If you think you know about the intricacies, costs, and dynamics of ASIC manufacturing and Cryptocurrency mining, this quick read might prove you wrong.  David Vorick brings us this excellent piece that I consider “need-to-know” for anyone invested in POW coins.  Listen for more!  Link to the blog and full 4a37f9b?token=JSQXnyGCLkSJhiRx43:39May 14, 2018CryptoQuikRead_068 - New Ideas Energize Ethereum, True Signaling Solution Still ElusiveNew ideas take the stage at the EIP:0 meeting.  Governance, Inflation, Social Consensus, funds recovery and more.  Reading one of Rachel O’Leary’s great articles on Ethereum development, we explore a major turning point in Ethereum’s world.  Is it good, or could this spell disaster?  Listen to find out more! The full article, links to Rachel's other works and the great content at rue-signaling-solution-still-elusive/27:18May 11, 2018CryptoQuikRead_067 - Giacomo Zucco's Epic Twitter Thread[Trigger Warning!] Giacomo Zucco recently delivered an epic Twitter thread detailing why he thought bcash supporters were stupid.  He may not be the most diplomatic ambassador, but he certainly made some excellent arguments! Listen to find out more. Link to the unrolled May 10, 2018CryptoQuikRead_066 - Money, Blockchains, and Social ScalabilitySzabo's excellent essay on the specific trade-offs that empower Satoshi's brilliant solution to the scaling of trust across human institutions.  Listen if you are ready to learn.Link to his blog and the full article with lfurther links to explore the topics and-social-scalability.html1:00:15May 9, 2018CryptoQuikRead_065 - Lightning User Experience, A Day in the Life of CarolWith so many new features, tricks, and protocol changes, what will it be like to use lightning?  What will Carol, the user, need to know?  Listen to Bryan Vu's story of Carol's first day with Lightning from the Lightning Labs Blog. Link to the blog and full ux.html Don't forget to check out their other links in the article and stay tuned for future posts expanding the details of the awesome work being done by Lightning Labs!22:19May 8, 2018CryptoQuikRead_064 - The Future of Bitcoin - What Lightning Could Look LikeSplicing Payments, Submarine Swaps, Atomic Swaps, Dual-Funded Channels, Eltoo, Channel Factories, AMPS, and More!  Listen to Aaron's recent article to hear more of the awesome potential and the future of the Lightning Network.  Listen to the end for a special thank you for all the increxible work at Bitcoin Magazine and the always reliable Aaron Van Wirdum!Link to read it at Bitcoin tning-could-look/30:05May 7, 2018CryptoQuikRead_063 - Atomic Swaps, How the Lightning Network Extends to AltcoinsThe Lightning network is a new protocol layer that not only has implications for Bitcoin payments, but could hugely impact many altcoins, decentralized exchanges, and the nature of crypto payments for the entire ecosystem.  Learn more about its benefits from another of Aaron van Wirdum's excellent articles with Bitcoin Magazine.Link to the article on Bitcoin htning-network-extends-to-altcoins-1484157052/11:42May 4, 2018CryptoQuikRead_062 - This New Scaling Layer Could Make Lightning More EffectiveAn introduction to Channel Factories and the concept of a new Layer 2 protocol that could shift the Lightning Network into Layer 3.  Is this another piece of the puzzle to building a global payment system?  From Michiel Mulders with Bitcoin Magazine, listen to learn more details. Link to the article r-could-make-payment-channels-ten-times-more-effective/11:16May 2, 2018CryptoQuikRead_061 - Eltoo - A Simplified Update Mechanism for LightningLightning is a fascinating protocol with enormous potential, but also many challenges.  A nee mechanism for updating channel states may work to solve some of Lightning’s biggest challenges.  Learn more from the announcement by Cristian decker on Blockstream.comLink to the nk to the eltoo paper:https://blockstream.com/eltoo.pdfLink to the paper describing channel 15May 1, 2018CryptoQuikRead_060 - Nick Szabo The Mysterious Blockchain TitanNick Szabo is undeniably one of the most influential thinkers and pioneers in the Cryptoconomy.  Learn more of his history and his works in this article from unblock.netLink to the article and others on unblock.net:https://unblock.net/nick-szabo/23:44April 30, 2018CryptoQuikRead_059 - Hashing Last Weeks Big Topics April 22-28ERC20 bugs, Forking the forked BCH fork, Will we ever get Parity coins back, and Does France want you to move your ICO to their country?  This and more as we hash all the topics I couldn't get to last week. Link to the shownotes and the links to all the relevant articles on h-april-22-28-e450497a53e918:07April 30, 2018CryptoQuikRead_058 - The Genesis Files: How David Chaum Spawned a Cypherpunk Dream"Chaum’s work would inspire a group of cryptographers, hackers and activists, connected through a mailing list. It was this group — which included DigiCash contributors like Nick Szabo and Zooko Wilcox-O’Hearn — that would come to be known as the cypherpunks."Link to the Bitcoin Magazine article by Aaron Van aums-ecash-spawned-cypherpunk-dream/21:15April 27, 2018CryptoQuikRead_057 - The 17 Millionth Bitcoin is about to be MinedWhat does it mean that we are crossing the 17 millionth Bitcoin in existence?  In a world where sound money has gone extinct, Bitcoin stands alone as a provable and transparent monetary guarantee.  Listen to today’s episode reading David Floyd’s article on Coindesk.com to learn more. Link to the article on ters/ Link to Flyod’s other articles:https://www.coindesk.com/author/dfloyd/15:26April 26, 2018CryptoQuikRead_056 - Five Myths About Bitcoin’s Energy UseBitcoin mining is useless, it unnecessarily pollutes, its worse than credit cards, and its going to boil the oceans!! Are these inspired revelations, or inspired by ignorance?  Listen to Peter van Valkenburgh’s article breaking apart the common myths around Bitcoin mining to learn more!  From concenter.orgLink to the -use Also check out another article explaining Mining in more t-necessary Here's another clip that I mentioned from Andreas Antonopolous on the topic of Bitcoin Energy Use:https://www.youtube.com/watch?v=2T0OUIW89II22:37April 25, 2018CryptoQuikRead_055 - Bullish: The Return of the South Korean PremiumAre we likely to see another 2014 extended bear market, or have the bulls returned?  Listen to the article from UnBlock.net, “Bullish Signal: The Return of the South Korean Kimchi Premium” to find out more.Link to read the article at 24, 2018CryptoQuikRead_054 - The Long Road To SegwitThe segwit protocol upgrade was the biggest and most controversial software change in Bitcoin's history.  Listne to Aaron Van Wirdum's article at BitcoinMagazine.com to learn why it was needed, and the many twists and turns it took to get the code live on Bitcoin's mainnet.Link to the article at Bitcoin coins-biggest-protocol-upgrade-became-reality/Link to further details on SegWit's many ril 24, 2018CryptoQuikRead_053 - Pieter Wuille Chapioning Bitcoin DevelopmentSo who are the people behind Bitcoin's past improvements and who are building its future?  Today we have an article from CryptoCoreMedia.com introducing the "Chuck Norris of coders," Pieter Wuille, and his enormous contributions to the bitcoin protocol.  Listen to learn more!Don't forget to check out CryptoCoreMedia.com: o Other works by Nuno Menezes: https://cryptocoremedia.com/author/nuno-menezes/ And of course Pieter Wuille's Github page: https://github.com/sipa12:53April 20, 2018CryptoQuikRead_052 - Mining Centralization ScenariosIs Bitcoin really decentralized if we consider the enormous market dominance and hash power of Bitmain and the largest mining pools?  Listen to Jimmy Song's argument about the elements and consequences of centralized mining scenarios to find out.Don't forget to check out @jimmysong's other works on Medium: bd36   Also check out Jimmy's pril 19, 2018CryptoQuikRead_051 - Its Too Late - Nothing Can Stop the Bitcoin Protocol"In 3 years no one will be talking about Bitcoin."  Miguel Cuneta has something to say about that claim.  Listen to find out!Don't forget to check out Miguel's other works and the other writers with Decentralize.today: https://medium.com/@MiguelCuneta_21450 https://decentralize.today/ rotocol-738047bb520117:45April 18, 2018CryptoQuikRead_050 - Don’t Count Your FUD Before Lightning StrikesWe're back in action!  In the follow-up to Aaron van Wirdum's excellent explanatory series, I decided to tackle 15 common claims against the Lightning Network, one by one.  Only listen if you're ready to learn!Want to see all the fun memes, the other linked graphics, and links to related works?  Check out my article on 663a9Don't forget Aaron's explainer series and 464710791/42:25April 17, 2018CryptoQuikRead_049 - Understanding The Lightning Network Part 3Completing the Lightning Puzzle with Part 3 of Understanding the Lightning Network.  The riveting conclusion of Aaron van Wirdum's series on the Lightning protocol from Bitcoin Magazine.  Listen if you're ready to learn.Don't forget to check out Aaron's other works as well as the wealth of information at Bitcoin 6178980/22:03April 13, 2018CryptoQuikRead_048 - Understanding The Lightning Network Part 2Diving deeper down the Lightning rabbit hole with Part 2!  How do we turn payment channels into a secure and trustless network?  Listen to hear more from Aaron van Wirdum's article series on Bitcoin magazine.Link to Aaron's article on 12, 2018CryptoQuikRead_047 - Understanding The Lightning Network Part 1Take a dive down the Lightning Rabbit hole with Part 1 of Aaron Van Wirdum's 3 part series at Bitcoin Magazine to understand how a smart contract network accomplishes instant, secure, and trustless payments.  Listen to learn more!Link to the article at BitcoinMagazine: 11, 2018CryptoQuikRead_046 - Privacy and Schnorr SignaturesSchnorr Signatures could result in a significant change in the Bitcoin network efficiency and the size and types of transactions, but what will it mean for privacy?  Listen to @nopara73's article to learn more.   Link to nopara73's article and other 5d27f02212:40April 10, 2018CryptoQuikRead_045 - Why Schnorr Signatures will Solve 2 of Bitcoin's Biggest ProblemsSchnorr signatures could be a boon to the efficiency of the Bitcoin system and a hinderance to its spammers.  Listen to the article from Sam Wouters to learn more.   Dont forget to check out Sam Wouter's Medium page to explore the links, graphics, and his many other olve-2-of-bitcoins-biggest-problems-today-9b7718e7861c18:29April 9, 2018CryptoQuikRead_044 - Monero has Hard Forked - Resulting in Four New ProjectsMonero's hard fork has been successfully executed as planned... or has it?  Like many hard forks in the past, the consequences are rarely a simple matter.  Listen to learn more.Link to the article from Bitcoin and-it-resulted-four-new-projects/17:35April 7, 2018CryptoQuikRead_043 - A History of Lightning: From Brainstorm to BetaListen to the extraordinary history of the Lightning Network stretching back to the beginnings of Bitcoin itself. Link to the article on Bitcoin torm-beta/36:35April 6, 2018CryptoQuikRead_042 - Critique of Buterin's Proof of Stake Design PhilosophyTuur Demeester lays out his arguments against Vitalik's Proof of Stake Design Philosophy.  Guess what he has to say.  Listen to today's quick read to find out.Link to Tuur's article and Medium page: e-design-philosophy-49fc9ebb36c6   Link to Vitalik's original article and Medium page: 506585978d5134:41April 5, 2018CryptoQuikRead_041 - A Proof of Stake Design PhilosophyDecentralized blockchains are an entirely new organism in the realm of economics, cryptography, and social consensus.  Is Proof-of-work still the king of the show? Or will the years of development and discussion reveal a more efficient and effective security philosophy?  Listen to Vitalik Buterin's article to learn more!Link to the article and Vitalik's Medium page: 506585978d5117:17April 4, 2018CryptoQuikRead_040 - Why Bitcoin is DifferentWith thousands of ICOs and altcoins out there, how on earth can we tell a difference?  And are they all better and faster versions, or is there something that makes Bitcoin different?  Listen to @jimmysong’s article to find out.   Link to the article: https://medium.com/@jimmysong/why-bitcoin-is-different-e17b813fd947 Link to "Off Chain with Jimmy Song" on YT: https://www.youtube.com/channel/UCEFJVYNiPp8xeIUyfaPCPQw And a link to Laura Shin's podcast "Unchained" to cover my mistake: http://unchainedpodcast.co/18:01April 2, 2018CryptoQuikRead_039 - The Central Banking BubbleNot only can Bitcoin not be separated from the macro economic movements of the world, it may represent one of the few assets to hedge against a meltdown in the global financial system.  So how is the central banking economy fairing?  Listen to find out.   Link to read the article:  http://www.goldtelegraph.com/the-central-bank-bubble   Link to Alex Deluce on Twitter:https://twitter.com/AlexDeluce10:43April 1, 2018CryptoQuikRead_038 - 7 Misunderstandings of Bitcoin's Scaling ProblemSo many of us misunderstand the underlying implications or consequences of the scaling debate when first introduced.  Listen to hear the critical realizations I had in my Bitcoin scaling journey.   Link to the medium coins-scaling-problem-c5142e938a6835:53March 30, 2018CryptoQuikRead_037.5 - Lapp 7 - The Lightning JukeboxThe final lightning app has arrived to finish out the Week of Lapps!  Listen to the announcement from @Blockstream.Link to the blog -end-to-our-week-of-lapps.html08:06March 30, 2018CryptoQuikRead_037 - 81 Percent of ICOs Become ScamsWith data from the Satis Group, The Merkle gives us a breakdown of the successes and failures of the current ICO market.  Is this a nail in the Appcoin coffin? Listen to hear more. The article from The Merkle: -become-scams/The Satis Group Medium page where you can find their CryptoAsset analysis: df04f16:41March 29, 2018CryptoQuikRead_036.5 - LApp 6 - Ifpaytt Brings Lightning Payments to IFTTTLApp #6 called IfpayTTT allows non-programmers to create Lightning-powered services using the IFTTT methodology.  Listen to the announcement from @Blockstream to learn more.Link to the blog payments-to-ifttt.html06:28March 28, 2018CryptoQuikRead_036 - Appcoins are Snake OilDaniel Krawisz gives us a solid argument to why appcoins are all snake oil.  A failed application of economics in an immature market.  But is he right? Listen to hear more.   Link to the article: http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/   Link to the Crypto-mises episode on the topic: imalism/   And thanks to @tril0byte for linking to the information!37:12March 28, 2018CryptoQuikRead_035.5 - LApp 5 - Nanopos for Simple Point-of-SaleLApp #5 is Nanopos, a simple to use point-of-sale system for in-person merchants.  Listen for further details from @Blockstream   Link to the Blockstream blog: nt-of-sale-simplicity.html06:47March 27, 2018CryptoQuickRead_035 - The Digital Age of SecuritiesMoving from the Electronic Age of Securities into the Digital Age. Anthony Pompliano lays out a vision of what the future may hold.  Listen to the article to learn more.Link to read the article and @apompliano's blog: b5d17:34March 27, 2018CryptoQuikRead_034.5 - LApp 4 - PayPerCallLApp #4 brings us Paypercall, a powerful tool to enable micropayments for API calls and micro services across the web.  Setting the stage, for a new era in the internet.   Link to read it or explore links and references on the Blockstream blog: lightning-charge.html04:14March 26, 2018CryptoQuikRead_034 - Bitcoin and the Rise of the CypherpunksBitcoin's ancestry comes from decades of cypherpunk principles and the work of dedicated and principled thinkers.  Learn more from Jameson Lopp's piece about the history and ideology of the Cypherpunks that made Bitcoin into reality. View the article and explore the available links and videos at:https://www.coindesk.com/the-rise-of-the-cypherpunks/31:07March 26, 2018CryptoQuikRead_033.5 - LApp 3 - NanoTipLApp #3 from Blockstream and @shesek is Nanotip, bringing micropayments back to bitcoin one strike at a time. Listen to learn more.   Link to the Blockstream blog and further details on how to setup your own node and begin experimenting with these new additions to the crypto otip-lapp.html04:18March 25, 2018CryptoQuikRead_033 - Binance Seeks New Home in MaltaQuick and decisive action by Binance has seen them seek out a new, crypto-friendly home in Malta to accomodate their explosive growth in the cryptoconomy.  Listen to hear Amy Castor's update at Bitcoin Magazine.   Link to the maltas-fintech-friendly-environment/05:54March 25, 2018CryptoQuikRead_032.5 - Lapp 2 - Lightning Publisher7 LApps for Lightning Charge on the way!  LApp #2 is Lightning Publisher, a Wordpress plug-in that allows publishers to monetize their own content, no third parties needed. Read more and check out the links to the software at Blockstream: rch 24, 2018CryptoQuikRead_032 - Bitcoin Could Revolutionize Property RightsCould Bitcoin be a new and revolutionary tool in the quest for individuals to secure their property rights from both thieves and authoritative regimes across the globe?  Listen to find out more.   The article by Muchael Dubrovsky published on Fee.org is titled "Bitcoin, Despite All its Problems, Could Revolutionize Property d-revolutionize-property-rights/15:16March 24, 2018CryptoQuickRead_031.5 - Lapp 1 - FileBazaar7 LApps coming for Lightning Charge integration.  LApp #1 is FileBazaar, integrating lightning payments for photos, videos, and documents.From the Blockstream Blog: charge-lapps.html07:26March 24, 2018CryptoQuikRead_031 - Nobody Understands Bitcoin (and that's ok)Plenty of personalities and confident fools in the crypto space will tell you they know exactly what bitcoin is, and what the future holds.  A long time Bitcoiner lays out a different perspective.   The article by @lopp from 28:44March 23, 2018CryptoQuikRead_030 - The NSA Tracks Down Bitcoin UsersAs per the usual activities of the NSA, they seem seriously focused on destroying software security, hacking into networks all over the world, installing backdoors, and building massive central points of failure.  Listen to hear more details revealed in the Snowden documents. Link to the article by -down-bitcoin-users-snowden-documents-reveal/19:28March 22, 2018CryptoQuikRead_029 - Szabo's Towards a Digital and Private Common LawDoes Digital code present the possibility of augmenting, or even replacing, the functions of traditional private law? Nick Szabo explores the concept in his 2007 blog post. For the full article and to explore the many other links of Szabo's investigations of the d-private-common-law.html11:21March 21, 2018CryptoQuikRead_028 - Congress Releases Report Praising Cryptocurrency and Blockchain TechnologyThe US Congress released an economic report that discussed many of the advantages and concerns with cryptocurrencies and blockchain technology. Listen to find out what they had to say.The article from 8:09March 20, 2018CryptoQuikRead_027 - The Barely Discussed, Incredible Benefit of the Lightning NetworkWith the Lightning Network finally being realized in the wild, its time to revisit some of the incredible benefits that get lost in the debate.  The trustless financial future is being realized.  Link to read the dible-benefit-of-the-lightning-network-4ce82c75eb5823:29March 19, 2018CryptoQuikRead_026 - Announcing Lightning-beta Mainnet ReleaseThe next layer of the global Bitcoin payment and monetary system has arrived!  Lnd 0.4-beta has hit mainnet! I'll be reading the lnd blog for all the improvements and exciting new things to come! Check out their blog to read the -beta.html13:36March 15, 2018CryptoQuikRead_025 - Bitcoin's Anarchy is a Feature, Not a BugBitcoin's governance model is often touted as a major reason it is likely to be replaced, due to its resistance to being altered.  Is it really a bug, or is it a critical feature?  Listen to Elaine Ou's article to find out more!   Link to the otic-reboot-will-have-real-consequences10:39March 15, 2018CryptoQuikRead_024 - NY Legislator Proposes BitLicense Alternative for Cryptocurrency UsersIs it possible that the disasterous bitlicense could finally be replaced by sensible regulation?  Learn more details in today's Quick Read!The ses-bitlicense-alternative-cryptocurrency-users/07:41March 14, 2018CryptoQuikRead_023 - CFTC Moves to Cement Authority Over Crypto Fraud CasesAs the guidelines and regulatory precedent begin to be set within the industry, the CFTC moves to take tha tuhority over cases of crypto fruad.  Listen to learn more. Link to the aud-cases/05:43March 13, 2018CryptoQuikRead_022 - Sidechains - Why These Researchers Think They Solved a Key Piece of the PuzzleSidechains have always been considered a critical part of the future of cryptocurrencies.  What has been holding it back, and is there finally a solution?  Listen to find ers-think-they-solved-key-piece-puzzle/20:33March 12, 2018CryptoQuickRead_021 - The Bullish case For BitcoinIs this crash the end of Bitcoin?  Or is this an inevitable blip that comes when shifting the foundations of society? Listen to find out in Vijay's thought provoking article, "The Bullish Case For Bitcoin."1:17:27March 9, 2018CryptoQuikRead_020 - There is a Bitcoin Patent War Going OnThere is a Bitcoin Patent war going on that could have serious consequences for the entire industry and security assumptions of blockchain as a technology.  However, there may be a solution!  Listen to the quick read from @BitcoinMagazine to find out more.19:13March 6, 2018CryptoQuikRead_019 - The Future of Ethereum Doesn't Have WalletsWallets may be integral to the Crypto economy today, but will the frictionless and user-friendly future we all seek may make them a thing of the past.18:19March 3, 2018CryptoQuikRead_018 - Why Decentralization MattersIf we can often build our solutions faster and cleaner with a centralized construct, then why bother seeking a decentralized solution at all? Learn more in today's quick read, an article from Chris Dixon.18:15March 2, 2018CryptoQuikRead_017 - Natural v. Artifical Money Why Bitcoin is the Greatest Thing to Happen for Alternative EnergyWhat if Bitcoin's energy consumption is actually the greatest natural incentive we could've hoped for in our alternative energy revolution?  Find out how in today's Quick Read by Melik Manukyan.  @realLudvigArt19:43March 1, 2018CryptoQuikRead_016 - Bitcoin 0.16.0 is Released: Here's What's NewFinal release for Bitcoin 0.16.0 has hit mainnet! Find out what's inside. If you are looking for the most knowledgable and reasoned news and coverage of events in the Bitcoin space, BitcoinMagazine.com is the uncontested winner. Check out this article written by the invaluable Aaron van Wirdum and subscribe to Bitcoin Magazine to stay up on their work over at:  whats-new/11:25March 1, 2018CryptoQuikRead_015 - Venezuala Launches "Petros" Cryptocurrency Amid Growing SkepticismVenezuela is taking a deep dive into the crypto world in a last ditch effort to save its failing economy. Find out more in today's quick read.06:33March 1, 2018CryptoQuikRead_014 - Bulletproofs, Faster Rangeproofs, & More [Andrew Poelstra]Cypherpunks write code. Learn what new innovations in cryptography are being built to power the future of cryptocurrency. Check out the incredible developments always coming from Blockstream as well as this article and the rest of their blog over at: -much-more/ 21:15March 1, 2018CryptoQuikRead_013 - Bitcoiner Faces Charges After Selling BTC to an Undercover CopSelling Bitcoin to an undercover cop landed @NODEfather in prison. Find out why in today's Crypto Quick Read! Read the article at:bitcoinmagazine.com/articles/bitcoi…undercover-cop/13:07March 1, 2018CryptoQuikRead_012 - Wyoming House Unanimously Approves Two Pro-Blockchain BillsIs Wyoming set to become the nation's most Bitcoin friendly state? Listen to learn more! From Bitcoinmagazine.com and written by Erik Kuebler08:41March 1, 2018CryptoQuikRead_011 - Lightning Enables Unicast Transactions in BitcoinIs Lightning the TCP/IP of Bitcoin? An analogy that breakdowns the scaling implications and understanding of how layers will build the future we envision today. By Melik Manukyan 87377/lightn…-stack-8ec1d42c14f514:45March 1, 2018CryptoQuikRead_009 - How Easy Money is Rotting America from the Inside-OutWhat are the consequences of America's monetary policy? Listen to find out. Link to the article by David L. Veksler at Fee.org: side-out/13:27March 1, 2018CryptoQuikRead_008 - Bitcoin Turning into a Multi Layered SystemBer Kessels discusses the value of Bitcoin becoming a secure and reliable transport layer for a new protocol stack for transferring value. The most exciting advancement for crypto in 2018. Link to the h 1, 2018CryptoQuikRead_007 - A Declaration of the Independence of CyberspaceRIP John Perry Barlow10:10March 1, 2018CryptoQuikRead_006 - What You May Not Understand About Crypto MillionairesWhat is the mission and the prupose of Bitcoin? Get a glimpse into the crypto millionaires who have built, and continue to build, Bitcoin into the open and decentralized financial foundation for a new world. By Jeremy Epstein on :36March 1, 2018CryptoQuikRead_005 - SEC Chair's Written TestimonyAnother article from Bitcoin Magazine detailing the SEC Chair's testimony and what regulation for Bitcoin, Cryptocurrencies, and ICOs will likely be moving forward. Things are changing quickly, staying informed will be crucial. Share this podcast with a friend if you agree :) Read it here:bitcoinmagazine.com/articles/sec-ch…icos-be-warned/14:38March 1, 2018CryptoQuikRead_004 - Darkest Before the DawnWith the Bitcoin prices heavily depressed comes an enormous number of depressed bitcoiners. Time to take a step back and look at some of the exciting and bullish developments that have been happening in our current bear market. From Coindaily.co, written by Kal SaberDarkest Before the Dawn - Reasons to be Bullish on Bitcoin11:21March 1, 2018CryptoQuikRead_003 - Bitfury Group Unveils Crystal [JP Buntinx]Did Bitcoin ever give us privacy, or will we get the opposite? Our article today is from TheMerkle.com and is titled: BitFury Group Officially Unveils Crystal, a Blockchain Analysis Tool chain-analysis-tool/05:50March 1, 2018CryptoQuikRead_002 - Keep an eye out for New Bitcoin Tech in 2018Tons of exciting developments on the horizon for 2018, listen to hear why this year is going to be another big one for Bitcoin.15:03March 1, 2018Weiss Crypto RatingsHow could the Weiss Cryptocurrency ratings get it so wrong? Our flagship Quick read from @Bitcoinmagazine! "The Weiss Cryptocurrency Ratings are Laughably Bad," an op-ed by Kyle Torpey giving us his take on the astounding ignornance of the recently released Weiss Ratings. Available on one of the best publications in this space, BitcoinMagazine.com s-are-laughably-bad https://bitcoinmagazine.com/authors/kyle-torpey09:59March 1, 2018

This is the fifth instalment of reporter Colin Harper’s “Living on Bitcoin” experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4 and on Day 5.On day six I woke with a renewed sense of energy. My last two days in San Francisco were booked up with plenty to do, and yesterday’s purchase had reinvigorated the experiment’s sense of purpose.That morning I wrote, paid Kashmir back for the breakfast (she got into her Coinbase account) and set out for two days of Bay Area shenanigans that would include meeting a local crypto artist, getting tipsy with bitcoin and sleeping (and sailing) in the East Bay on a boat that threatened to capsize.Around 1:00 p.m. I caught an Uber into the Financial District to meet up with Dustin, a multi-talented developer who had responded to a Reddit thread I made leading up to my week here. He invited me sailing, but the weather was sketchy — it had been raining for the better part of my time in San Francisco and there were winds and storms in the forecast — so we decided to meet at Digital Garage, a coworking space on Market Street that accommodates many cryptocurrency projects.I was loitering in the lobby when he passed me, and we registered who the other was immediately. Big, tall, bearded with long, blonde hair, a tremendous smile and goofy disposition, he crossed from the other end of the lobby to greet me.He’s got the hair, the beard, the “No worries, dude” vibe. We’re going to get along great.As we entered the working space, I was pleased to see a cryptograffiti original on prominent display, which added an air of authenticity to both his presence in the space and to the San Francisco crypto community for supporting a local, industry-specific artist.Posting up at a table in the working space, we hit it off and began jumping from one crypto topic to the next. Turns out, he’s a lone-wolf dev who’s building a hardware wallet with bluetooth-enabled mobile controls — not unlike Ledger’s own Nano X, I suggested. He hadn’t heard of it before.“Well, they might have the bluetooth, but I doubt it’s trustless and multi-sig,” he tells me, going on to say that he knows of no other trustless hardware wallet. Interest piqued, I surveyed his app and the hardware wallet prototype, which he’s also building himself.“You’re just a one-man band, aren’t ya?” I remarked, impressed, after learning that he was building everything himself.He’s a bit of a crypto OG, it seems. He’s been in the space since 2011 and hangs around the Bitcoin Core internet relay chat (IRC), where he says he’s been humbled on a few occasions. I asked for his veteran perspective to help explain why I couldn’t find any more stores in the area that accept bitcoin. He suggests that it’s intertwined in the same trend that has made Silicon Valley so banal to him.“Bitcoin has really exacerbated the aspects of Silicon Valley I don’t like,” he admits. “It has an appreciation for altcoins or stablecoins, but not really for bitcoin, hard money. I think there’s this culture in San Francisco that just idolizes what investors like, what’s new. I heard someone say Silicon Valley is about new things — bitcoin isn’t new anymore.”Everyone’s just looking for “the next big thing” or “the next Bitcoin.” They’re not going to find it, was more or less his view, and he believes that the focus shouldn’t be creating something new but improving what we already have.“I’ve heard it said that the East Coast owns things while the West Coast makes things,” he theorized, “and if that stereotype were true I could see more people taking bitcoin.“I think the challenge is that the majority of people don’t understand security stuff. The people who buy these don’t understand half of it. The challenge is teaching them,” he said, broaching the evergreen topic on the “how-tos” of adoption.Our conversation was kinetic and animated as we touched on a wide range of crypto-related topics. I’m not surrounded by developers much in Nashville (especially not crypto/blockchain ones), so the opportunity to talk to one who knew the ins-and-outs (and knew them real well) left my curiosity welling with streams of new, if half-hatched, bitcoin applications and infrastructural ideas.We talked crypto assets insurance (a concept which we both had previously hatched complementary business models for), his conceptualization that the network serves users and not miners (he believes that “hashing wars” are irrelevant, since, ultimately, the users will decide which chain they buy in to) and his surprising penchant for interacting with some of the space’s most prodigious and controversial celebrities without knowing who they are.At one point, he had left his laptop at the Crypto Castle only to retrieve it, unmolested, from the same couch he left it on a month later, though he didn’t really know who Jeremy was. I brought up Brock Pierce and his benevolent-or-parasitic (depends on who you ask) ventures in Puerto Rico. When Dustin was still involved in the Valley’s tech party scene, he was acquainted with him before either even knew about bitcoin.“Ohhh, that’s Brock Pierce. I know him — I just didn’t know his name. We used to party a lot 10 years ago. That’s hilarious.”Everyone knows everyone in this industry, and the degrees of separation between connections is often slim. It’s like Six Degrees of Kevin Bacon but with Bitcoin.He would reaffirm this observation throughout our talks. For instance, he had applied for Coinbase back in 2013, a job he didn’t end up getting — though Armstrong’s consolation prize was pretty nice.“He gave me a bitcoin,” he said, smiling and holding up his hands like he was holding something ethereal. “It was like 34 bucks then.”The literal token of gratitude for being one of Coinbase’s first applicants.That would have been sometime in 2013, maybe even right before Hill’s article. Funny, he was probably up for the position of Coinbase’s third employee.I ordered some pad thai for lunch on Uber Eats, tried to manage some work but was ultimately distracted by my on-going, engaging conversations with Dustin. He’d agreed to go with me to the Bitcoin meetup at Stookey’s that night. To kill time until then, we decided we would give BitPay an office visit. I wanted to ask them about the decreasing presence of bitcoin-accepting merchants in the bay area, and see if the trend was national and global.I called the office but only succeeded in leaving a voicemail, so we decided that running the errand on foot would give us our best shot. BitPay has two offices listed on Google. One was, no doubt, a mailing address but we had no way of figuring out which one.The rain-soaked walk was made easier thanks to our umbrellas (Hans had graciously loaned me his, a feeble but functional black pocket umbrella). On our way, we took a detour so that I could try out a bitcoin ATM.The experience wasn’t as gratifying as I had hoped, mainly because it didn’t feel like actually buying bitcoin — it was more like buying credit or a coupon for bitcoin, the opposite of what I had been doing all week: using bitcoin to buy credit and coupons in the form of gift cards.The Coinme ATM was located in something of a mall a block over from the Moscone Center. I decided to use cash, but upon using the machine, any chance of anonymity was promptly thwarted.First, it asks you to insert your ID, followed by a request to take a picture to verify that identity (that I would have to basically do know-your-customer (KYC) verifications twice to buy bitcoin with cash was anathema to me). After this it asked me for my phone number and email address, which I found ironically less intrusive after having to be photo identified. When all this was done, it printed a slip of paper with a username and password, along with a URL at which I could access the $10 worth of bitcoin I had bought.Cool, I can’t even access it yet and don’t even hold the keys. Certainly different from when Hill used a makeshift, trustless prototype at Internet Archives in 2013 before the first crypto ATMs had been produced. Back then, it was just a computer and a cash box, which any employee could use to withdraw or deposit bitcoin for cash. Same concept, but more anonymous, easy and endearingly janky (you had to trust people not to steal cash from it, though).The disheartening and borderline frustrating experience (it felt a bit cheap, a normal monetary transaction service masquerading as a crypto one) was aggravated when a Ramen vending machine 20 yards away teased cryptocurrency as a purchasing option, only to qualify the payment as “Coming soon!” at checkout.We went on with our search for BitPay, but it was ultimately fruitless. At the first location, our call on the building’s outside directory went unanswered. At the second, we were told that BitPay no longer occupied space in the building, so we decided to pack it in.Fighting the wind that had whipped up in our mile or so walk, we took refuge in an Chinese food joint that Dustin was fond of. We split a helping of kung pao chicken, which I repaid in bitcoin. Dustin had become an IRL intermediary through which I could enjoy those elusive dining-in-with-bitcoin experiences.Dinner finished, we found our way to Stookey’s, an intimate, cooly lit bar that could comfortably seat maybe 30 people. We were fashionably late and took a seat at the rightmost end of the bar. I was unpleasantly unsurprised to discover that no one else had shown up for the meetup yet. For the first 30 minutes, we were the only ones, it seemed, a disappointing situation that was becoming par for the course in a week of almosts.But it was also a win. I got to spend my bitcoin again, this time on a delicious pisco sour (a Peruvian, egg-white cocktail with a pisco base, bitters and limes) and enough beer and other cocktails to get a buzz on and cringe at the thought that the prices were not too far off from Nashville’s own.Striking up a conversation with a wispy black-haired guy who “is kinda a tech geek,” Dustin asked him if he was there for the meetup. He said no, admitting that he was a bit skeptical of the whole thing. He rehashed an old misperception that I’ve heard from numerous naysayers, and the fact that I’m forgetting it now is either a testament to the cocktails’ potency or to the fact that most arguments against bitcoin (especially from the underinformed) have all been packaged into a nebulous hodgepodge of complaints that, in their ubiquity, have begun to resemble each other).Dustin and I hit it off with one of the bartenders, who showed a greater-than-average understanding of crypto — so much so that he had educated opinions on forks, proof of work vs. proof of stake, and Ethereum’s Constantinople upgrade. He’s been invested for two-and-a-half years, though he had been tuned into the market and started conducting due diligence two years before that.I asked if any of the crypto-focused co-owners were around so I could grill them. One of them, a close friend of his, was sojourning in Mexico, as one does when crypto rich. Our bartender was a more-than-adequate stand-in for my questions, seeing as he’d been at the bar for two years, so I asked him if he’d noticed a drop-off in Bitcoin meetup interest.“They go up and down. We’re in between,” he said, conceding that they had been considering scaling the meetups down from weekly to quarterly.He also shared his personal experience of the hassles that come with accepting bitcoin, particularly in times of network bloat. “Fees were getting ridiculous on BitPay,” he told me. “A $14 cocktail becomes a $24 cocktail and people don’t want to pay.”“How many people pay in bitcoin, would you say?” I asked him.“A few, mostly during the meetups obviously. Every now and then, someone will be a few drinks in, realize we take it and then want to pay that way.”After about an hour, I turned to my left to observe a room whose patronage had thinned out in tandem with the vanishing contents of our glasses. With the room cleared, I could make out two dudes having an enlivened conversation two seats down from us: one, tall and thin-ish; the other, shorter and bulky, with blond hair.“I think that’s Dan Held,” I told Dustin, referring to the blond character. True to form, Dustin didn’t seem to know who Dan was, showing the willful introversion of a man who is more preoccupied with the code of the industry over its personalities.I went over and introduced myself, thanking Dan for an op-ed he had recently submitted to Bitcoin Magazine and telling him a bit about my experiment. I related it back to Kashmir Hill’s own, where he was featured in the final day of her 2014 excursion.Dan invited me to get coffee the next day, but I said it would be tricky given my schedule. I would be busy in the morning and evening, and I had plans to meet up with cryptograffiti, a San Francisco-based crypto artist, in the afternoon.He gave a half-cocked smile and nodded to the man he had been talking with.“No way, seriously?” I said, shocked at the serendipity.“Yeah, that’s me,” the tall man responded with a grin.With introductions made, we talked a bit, and I learned (not to any surprise) that the artist was a maximalist of sorts.“Bitcoin is my baby,” he said with the simultaneous seriousness and self-aware waggishness of a true believer.Like Dustin, cryptograffiti was an OG. Always jumping at the chance to glean another point of view, I relayed the frustrations that had obstructed my week on bitcoin, and I asked why there were so few people at the meetup.“People stopped going to meetups because the focus had changed. It was too financial. People started shutting you down if you knew what you were saying,” he said.It’s all wrapped up in the paradigm shift the crypto community has experienced since 2013, he believes. Like Dustin, he thinks the altcoin boom exposed how mercurial community attention can be and diverted much of the excitement for bitcoin toward the industry’s new and shiny offspring.“It’s cool to be contrarian. Everyone is looking for the next thing.”Dustin joined the conversation, along with another meetup latecomer: a short, spiky-haired Ethereum “moon boy” with wide, distant eyes whom I had met at the conference and who claimed he had conceptualized a “decentralized, global supercomputer” in high school before Ethereum had even existed.The meetup, while small, felt profound. It was small, but it was also quality and included a diverse sample of the industry’s many players. It was eclectic and intimate, much like the “Bitcoin at $100” meetup that Hill was a part of. Only ours was smaller, something I would not have anticipated when I started this.But there was probably a greater diversity of professional specializations in the industry at this meetup: a one-man developer team who seemed to personify Bitcoin’s open-source nature, a Texas boy who had become one of the crypto space’s most recognized entrepreneurs, a San Francisco-based DJ-turned-artist whose crypto-themed artwork sells for five figures (yes, really), a Nashville-based journalist who didn’t know squat about Bitcoin until 2017 and was thrilled just to worm his way into this milieu, and the Ethereum moon boy who did brand relations for an Ethereum-built project.Bitcoin and crypto had all given us the opportunity to pursue passions and careers within the industry.Even if its use as an IRL payment has regressed, the impact of the network has been far reaching — the industry is more active than ever. This thought enlivened me.Dustin had offered me a bed on his boat for the night, something I wasn’t about to pass up, especially with a few drinks in me. It was across the way in Berkeley, so we took the BART. I paid Dustin for a ticket and then a 15-minute drive from Oakland put us at the harbor.The boat’s exterior gave the impression of a modest and relatively well-maintained sailboat. Below deck, the haphazard displacement of various sundries and provisions presented the habitat of a man who probably had the madness to create things few people could.The night winding down, we decided to watch/play Black Mirror’s Bandersnatch on Netflix. The choose-your-own-adventure movie’s interactive nature gives a new dimension to Black Mirror’s typical rabbit-hole examination of technology and human frailty. We had both watched it before and wanted to see what different endings we could get.Even if tenuous, the connection between the protagonist’s struggle to create a choose-your-own-adventure game (it’s also glaringly meta, like a lot of Black Mirror’s concepts) in the seminal days of the video game industry and my own struggle to spend bitcoin became apparent.What alternative endings, universes, paths had I not confronted, found or gone down in the course of my own adventure? Maybe I’d missed some opportunities where I could’ve used my bitcoin. Or maybe this was the most optimal path: I had met Held and cryptograffiti at a meetup and was about to sleep on a boat, owned by a developer whose myriad and disparate interests and lifestyle were like something out of a book.What other endings are out there? I thought to myself, the boat gently rocking to the bay’s swaying tide.As Kashmir Hill did in her original journey, Colin is accepting BTC tips to help him along the way.Enter your email address to subscribe to this blog and receive notifications of new posts by email.Copyright © 2019 Blockchain News Site |

This is the fifth instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4 and on Day 5.On day six I woke with a renewed sense of energy. My last two days in San Francisco were booked up with plenty to do, and yesterday’s purchase had reinvigorated the experiment’s sense of purpose.That morning I wrote, paid Kashmir back for the breakfast (she got into her Coinbase account) and set out for two days of Bay Area shenanigans that would include meeting a local crypto artist, getting tipsy with bitcoin and sleeping (and sailing) in the East Bay on a boat that threatened to capsize.Around 1:00 p.m. I caught an Uber into the Financial District to meet up with Dustin, a multi-talented developer who had responded to a Reddit thread I made leading up to my week here. He invited me sailing, but the weather was sketchy — it had been raining for the better part of my time in San Francisco and there were winds and storms in the forecast — so we decided to meet at Digital Garage, a coworking space on Market Street that accommodates many cryptocurrency projects.I was loitering in the lobby when he passed me, and we registered who the other was immediately. Big, tall, bearded with long, blonde hair, a tremendous smile and goofy disposition, he crossed from the other end of the lobby to greet me.He’s got the hair, the beard, the “No worries, dude” vibe. We’re going to get along great.As we entered the working space, I was pleased to see a cryptograffiti original on prominent display, which added an air of authenticity to both his presence in the space and to the San Francisco crypto community for supporting a local, industry-specific artist.Posting up at a table in the working space, we hit it off and began jumping from one crypto topic to the next. Turns out, he’s a lone-wolf dev who’s building a hardware wallet with bluetooth-enabled mobile controls — not unlike Ledger’s own Nano X, I suggested. He hadn’t heard of it before.“Well, they might have the bluetooth, but I doubt it’s trustless and multi-sig,” he tells me, going on to say that he knows of no other trustless hardware wallet. Interest piqued, I surveyed his app and the hardware wallet prototype, which he’s also building himself.“You’re just a one-man band, aren’t ya?” I remarked, impressed, after learning that he was building everything himself.He’s a bit of a crypto OG, it seems. He’s been in the space since 2011 and hangs around the Bitcoin Core internet relay chat (IRC), where he says he’s been humbled on a few occasions. I asked for his veteran perspective to help explain why I couldn’t find any more stores in the area that accept bitcoin. He suggests that it’s intertwined in the same trend that has made Silicon Valley so banal to him.“Bitcoin has really exacerbated the aspects of Silicon Valley I don’t like,” he admits. “It has an appreciation for altcoins or stablecoins, but not really for bitcoin, hard money. I think there’s this culture in San Francisco that just idolizes what investors like, what’s new. I heard someone say Silicon Valley is about new things — bitcoin isn’t new anymore.”Everyone’s just looking for “the next big thing” or “the next Bitcoin.” They’re not going to find it, was more or less his view, and he believes that the focus shouldn’t be creating something new but improving what we already have.“I’ve heard it said that the East Coast owns things while the West Coast makes things,” he theorized, “and if that stereotype were true I could see more people taking bitcoin.“I think the challenge is that the majority of people don’t understand security stuff. The people who buy these don’t understand half of it. The challenge is teaching them,” he said, broaching the evergreen topic on the “how-tos” of adoption.Our conversation was kinetic and animated as we touched on a wide range of crypto-related topics. I’m not surrounded by developers much in Nashville (especially not crypto/blockchain ones), so the opportunity to talk to one who knew the ins-and-outs (and knew them real well) left my curiosity welling with streams of new, if half-hatched, bitcoin applications and infrastructural ideas.We talked crypto assets insurance (a concept which we both had previously hatched complementary business models for), his conceptualization that the network serves users and not miners (he believes that “hashing wars” are irrelevant, since, ultimately, the users will decide which chain they buy in to) and his surprising penchant for interacting with some of the space’s most prodigious and controversial celebrities without knowing who they are.At one point, he had left his laptop at the Crypto Castle only to retrieve it, unmolested, from the same couch he left it on a month later, though he didn’t really know who Jeremy was. I brought up Brock Pierce and his benevolent-or-parasitic (depends on who you ask) ventures in Puerto Rico. When Dustin was still involved in the Valley’s tech party scene, he was acquainted with him before either even knew about bitcoin.“Ohhh, that’s Brock Pierce. I know him — I just didn’t know his name. We used to party a lot 10 years ago. That’s hilarious.”Everyone knows everyone in this industry, and the degrees of separation between connections is often slim. It’s like Six Degrees of Kevin Bacon but with Bitcoin.He would reaffirm this observation throughout our talks. For instance, he had applied for Coinbase back in 2013, a job he didn’t end up getting — though Armstrong’s consolation prize was pretty nice.“He gave me a bitcoin,” he said, smiling and holding up his hands like he was holding something ethereal. “It was like 34 bucks then.”The literal token of gratitude for being one of Coinbase’s first applicants.That would have been sometime in 2013, maybe even right before Hill’s article. Funny, he was probably up for the position of Coinbase’s third employee.I ordered some pad thai for lunch on Uber Eats, tried to manage some work but was ultimately distracted by my on-going, engaging conversations with Dustin. He’d agreed to go with me to the Bitcoin meetup at Stookey’s that night. To kill time until then, we decided we would give BitPay an office visit. I wanted to ask them about the decreasing presence of bitcoin-accepting merchants in the bay area, and see if the trend was national and global.I called the office but only succeeded in leaving a voicemail, so we decided that running the errand on foot would give us our best shot. BitPay has two offices listed on Google. One was, no doubt, a mailing address but we had no way of figuring out which one.The rain-soaked walk was made easier thanks to our umbrellas (Hans had graciously loaned me his, a feeble but functional black pocket umbrella). On our way, we took a detour so that I could try out a bitcoin ATM.The experience wasn’t as gratifying as I had hoped, mainly because it didn’t feel like actually buying bitcoin — it was more like buying credit or a coupon for bitcoin, the opposite of what I had been doing all week: using bitcoin to buy credit and coupons in the form of gift cards.The Coinme ATM was located in something of a mall a block over from the Moscone Center. I decided to use cash, but upon using the machine, any chance of anonymity was promptly thwarted.First, it asks you to insert your ID, followed by a request to take a picture to verify that identity (that I would have to basically do know-your-customer (KYC) verifications twice to buy bitcoin with cash was anathema to me). After this it asked me for my phone number and email address, which I found ironically less intrusive after having to be photo identified. When all this was done, it printed a slip of paper with a username and password, along with a URL at which I could access the $10 worth of bitcoin I had bought.Cool, I can’t even access it yet and don’t even hold the keys. Certainly different from when Hill used a makeshift, trustless prototype at Internet Archives in 2013 before the first crypto ATMs had been produced. Back then, it was just a computer and a cash box, which any employee could use to withdraw or deposit bitcoin for cash. Same concept, but more anonymous, easy and endearingly janky (you had to trust people not to steal cash from it, though).The disheartening and borderline frustrating experience (it felt a bit cheap, a normal monetary transaction service masquerading as a crypto one) was aggravated when a Ramen vending machine 20 yards away teased cryptocurrency as a purchasing option, only to qualify the payment as “Coming soon!” at checkout.We went on with our search for BitPay, but it was ultimately fruitless. At the first location, our call on the building’s outside directory went unanswered. At the second, we were told that BitPay no longer occupied space in the building, so we decided to pack it in.Fighting the wind that had whipped up in our mile or so walk, we took refuge in an Chinese food joint that Dustin was fond of. We split a helping of kung pao chicken, which I repaid in bitcoin. Dustin had become an IRL intermediary through which I could enjoy those elusive dining-in-with-bitcoin experiences.Dinner finished, we found our way to Stookey’s, an intimate, cooly lit bar that could comfortably seat maybe 30 people. We were fashionably late and took a seat at the rightmost end of the bar. I was unpleasantly unsurprised to discover that no one else had shown up for the meetup yet. For the first 30 minutes, we were the only ones, it seemed, a disappointing situation that was becoming par for the course in a week of almosts.But it was also a win. I got to spend my bitcoin again, this time on a delicious pisco sour (a Peruvian, egg-white cocktail with a pisco base, bitters and limes) and enough beer and other cocktails to get a buzz on and cringe at the thought that the prices were not too far off from Nashville’s own.Striking up a conversation with a wispy black-haired guy who “is kinda a tech geek,” Dustin asked him if he was there for the meetup. He said no, admitting that he was a bit skeptical of the whole thing. He rehashed an old misperception that I’ve heard from numerous naysayers, and the fact that I’m forgetting it now is either a testament to the cocktails’ potency or to the fact that most arguments against bitcoin (especially from the underinformed) have all been packaged into a nebulous hodgepodge of complaints that, in their ubiquity, have begun to resemble each other).Dustin and I hit it off with one of the bartenders, who showed a greater-than-average understanding of crypto — so much so that he had educated opinions on forks, proof of work vs. proof of stake, and Ethereum’s Constantinople upgrade. He’s been invested for two-and-a-half years, though he had been tuned into the market and started conducting due diligence two years before that.I asked if any of the crypto-focused co-owners were around so I could grill them. One of them, a close friend of his, was sojourning in Mexico, as one does when crypto rich. Our bartender was a more-than-adequate stand-in for my questions, seeing as he’d been at the bar for two years, so I asked him if he’d noticed a drop-off in Bitcoin meetup interest.“They go up and down. We’re in between,” he said, conceding that they had been considering scaling the meetups down from weekly to quarterly.He also shared his personal experience of the hassles that come with accepting bitcoin, particularly in times of network bloat. “Fees were getting ridiculous on BitPay,” he told me. “A $14 cocktail becomes a $24 cocktail and people don’t want to pay.”“How many people pay in bitcoin, would you say?” I asked him.“A few, mostly during the meetups obviously. Every now and then, someone will be a few drinks in, realize we take it and then want to pay that way.”After about an hour, I turned to my left to observe a room whose patronage had thinned out in tandem with the vanishing contents of our glasses. With the room cleared, I could make out two dudes having an enlivened conversation two seats down from us: one, tall and thin-ish; the other, shorter and bulky, with blond hair.“I think that’s Dan Held,” I told Dustin, referring to the blond character. True to form, Dustin didn’t seem to know who Dan was, showing the willful introversion of a man who is more preoccupied with the code of the industry over its personalities.I went over and introduced myself, thanking Dan for an op-ed he had recently submitted to Bitcoin Magazine and telling him a bit about my experiment. I related it back to Kashmir Hill’s own, where he was featured in the final day of her 2014 excursion.Dan invited me to get coffee the next day, but I said it would be tricky given my schedule. I would be busy in the morning and evening, and I had plans to meet up with cryptograffiti, a San Francisco-based crypto artist, in the afternoon.He gave a half-cocked smile and nodded to the man he had been talking with.“No way, seriously?” I said, shocked at the serendipity.“Yeah, that’s me,” the tall man responded with a grin.With introductions made, we talked a bit, and I learned (not to any surprise) that the artist was a maximalist of sorts.“Bitcoin is my baby,” he said with the simultaneous seriousness and self-aware waggishness of a true believer.Like Dustin, cryptograffiti was an OG. Always jumping at the chance to glean another point of view, I relayed the frustrations that had obstructed my week on bitcoin, and I asked why there were so few people at the meetup.“People stopped going to meetups because the focus had changed. It was too financial. People started shutting you down if you knew what you were saying,” he said.It’s all wrapped up in the paradigm shift the crypto community has experienced since 2013, he believes. Like Dustin, he thinks the altcoin boom exposed how mercurial community attention can be and diverted much of the excitement for bitcoin toward the industry’s new and shiny offspring.“It’s cool to be contrarian. Everyone is looking for the next thing.”Dustin joined the conversation, along with another meetup latecomer: a short, spiky-haired Ethereum “moon boy” with wide, distant eyes whom I had met at the conference and who claimed he had conceptualized a “decentralized, global supercomputer” in high school before Ethereum had even existed.The meetup, while small, felt profound. It was small, but it was also quality and included a diverse sample of the industry’s many players. It was eclectic and intimate, much like the “Bitcoin at $100” meetup that Hill was a part of. Only ours was smaller, something I would not have anticipated when I started this.But there was probably a greater diversity of professional specializations in the industry at this meetup: a one-man developer team who seemed to personify Bitcoin’s open-source nature, a Texas boy who had become one of the crypto space’s most recognized entrepreneurs, a San Francisco-based DJ-turned-artist whose crypto-themed artwork sells for five figures (yes, really), a Nashville-based journalist who didn’t know squat about Bitcoin until 2017 and was thrilled just to worm his way into this milieu, and the Ethereum moon boy who did brand relations for an Ethereum-built project.Bitcoin and crypto had all given us the opportunity to pursue passions and careers within the industry.Even if its use as an IRL payment has regressed, the impact of the network has been far reaching — the industry is more active than ever. This thought enlivened me.Dustin had offered me a bed on his boat for the night, something I wasn’t about to pass up, especially with a few drinks in me. It was across the way in Berkeley, so we took the BART. I paid Dustin for a ticket and then a 15-minute drive from Oakland put us at the harbor.The boat’s exterior gave the impression of a modest and relatively well-maintained sailboat. Below deck, the haphazard displacement of various sundries and provisions presented the habitat of a man who probably had the madness to create things few people could.The night winding down, we decided to watch/play Black Mirror’s Bandersnatch on Netflix. The choose-your-own-adventure movie’s interactive nature gives a new dimension to Black Mirror’s typical rabbit-hole examination of technology and human frailty. We had both watched it before and wanted to see what different endings we could get.Even if tenuous, the connection between the protagonist's struggle to create a choose-your-own-adventure game (it’s also glaringly meta, like a lot of Black Mirror’s concepts) in the seminal days of the video game industry and my own struggle to spend bitcoin became apparent.What alternative endings, universes, paths had I not confronted, found or gone down in the course of my own adventure? Maybe I’d missed some opportunities where I could’ve used my bitcoin. Or maybe this was the most optimal path: I had met Held and cryptograffiti at a meetup and was about to sleep on a boat, owned by a developer whose myriad and disparate interests and lifestyle were like something out of a book.What other endings are out there? I thought to myself, the boat gently rocking to the bay’s swaying tide.As Kashmir Hill did in her original journey, Colin is accepting BTC tips to help him along the way.This article originally appeared on Bitcoin Magazine.Your email address will not be published. Required fields are marked *

HomepageAbout membershipSign inGet startedHomepageFabio Zoffi - ORSBlockedUnblockFollowFollowingBorn in Venice (Italy) and living in Munich (Germany); Tech entrepreneur, Chairman of the Board at ORS GROUP; http://www.ors.aiJan 31My Journey to the Blockchain shoresAs an Italian entrepreneur living in Germany since 1992, I am long since used to discovering and absorbing fragments I like of both cultures and then combining them together in a creative, innovative way. My Italian friends call me the “most German of the Italians” (not really sure they intend this as a real compliment…), while my kids believe I have a German mind and an Italian heart (this I like, of course!). I was born in Venice, which probably explains my love for the sea and my lust for traveling and with using business to make new friends around the world — a little bit of Marco Polo, I know.I am a passionate tech entrepreneur, because being an entrepreneur is the best way I have found to be really free and to be an artist at the same time (I am completely untalented in the fine arts); as dreaming of a venture first in my mind and then transforming it into reality is an amazing piece of creative work. Talented painters would probably disagree with me, but if only they knew how Picasso-messy startup phases are…I derive the utmost pleasure from thinking, including getting an idea while jogging, and then planning how to radically improve/change an existing process and search for the right technology pieces and stitch them together like an Italian tailor maestro into a very sound business model. I have been doing this now for almost 20 years, in many different industries, and every time I enjoy the exhilarating feeling of meeting new partners in an entrepreneurial adventure and synthesizing together our intellectual clarity, operational energy, freedom and emotions for co-creating something new, something unique, something special. I do not know any other field of human activities that are so broad and rich in perceptions, but probably one should not believe everything one thinks…When I first met Pierluigi, my friend, the founder and products mastermind of ORS, and I discovered the amazing algorithms and software he and other brilliant minds had created over many years, I could not believe my eyes: here is, in the Piedmont region of Italy ( better known for excellent wines, truffles and home of the Nutella inventor) a company “not even Silicon Valley has!” I am aware how many friends I am making right now with this bold claim… I found over 1,000 unique algorithms (A.I., statistics, mathematics, econometrics, machine learning, etc.) and hundreds of software solutions embedding such algorithms for optimizing (i.e., increase efficiency) and even automatically steering very complex processes and value chains for global customers worldwide. Wow, I mean, it was crystal clear to me that data is the new oil, but here in the idyllic, truffles infused city of Alba I had found an incredible “refinery”, able to turn Big Data into cash (indeed, that was the new claim I then created for the company). I immediately became a major shareholder and since then I have been developing and expanding the business as the Chairman and President of the group (we now have an operational presence in several countries).What differentiates ORS and makes our story unique? Let me give you just one example: For a global manufacturing and retail company with over $10B in sales, our A.I.-based software is deciding in real time the yearly distribution of 20M items to almost 300k customers from a network of 200 distribution centers and warehouses. And in taking such decisions (“whom should receive what, when and how?”), the algos optimize the whole supply chain and even send commands to SAP for execution. The significant results are a 50% reduction in inventories and $200M in savings every year.When I discovered the impressive number of algorithms and software modules available at ORS, I felt like a kid in Legoland: here I would have the possibility of playing with, combining and mixing together pieces of technologies for innovating many business models. The dream of almost any entrepreneur was suddenly my reality !If C. Jung’s concept of synchronicity, or “meaningful coincidences”, is true, then my discovery of ORS and my encounter with Pierluigi was meant to be. Together, we combine: (i) an incredible mathematical mind (not me, of course) able to invent an algorithm — working in real life for real businesses — for almost any process, even the “mission impossible” ones (how do you predict the best picking time of grapes to make an excellent red wine? Come to visit us and you’ll see!); (ii) a creative and experienced businessman (not Pierluigi, as he would give you the ORS products for free just for the pleasure in seeing you excited). Interestingly, when I gave an interview at an Italian radio (here), the topics of A.I., software, Germany, Italy, wine, gourmet food, philosophy, music and much more came together in the conversation and a few years later I would understand the implications — stay tuned and continue reading here.Regularly commuting from Germany to Piedmont, I could not avoid being fascinated by the stunning beauty of the hills and wineries of this picturesque region and so I decided to make my own wine (I have become rather good at it, just ask the people at ORS) and I started investigating the industry. When I discovered that the majority of the wineries producing excellent wines are small/medium sized businesses and that due to a huge offer fragmentation and too much power being consolidated by distributors they barely (financially) survive and sit on an important, yet to be sold stock of vintage wines, a few questions and an interesting idea came to my mind: what if this network of highly independent and decentralized (here we go!) organizations, which are too small and therefore powerless against a few giants in the sector, could monetize their existing (valuable) stock of wines by issuing an electronic currency backed by such a stock? With the new liquidity they could invest in sales and marketing and therefore grow their businesses and quickly repay any money they received, even in kind. A sort of temporary digital currency, which I now know would be called a few years later a “utility token”.The second approach, bringing me closer to the blockchain shores, came almost at the same time, while I was writing a blog -then a book- on macroeconomics, politics and finance (just for fun and for the pleasure of reasoning on what was going on after the big financial crisis -like many other freethinkers worldwide). I was very disappointed about my rediscovery, after spending so many years abroad , of the Italian politics and the problems that plagued my homeland -although, at the same time, I became very skeptical about the touted superiority of the “German model,” now everyone knows why. I then had the intuition to suggest the creation of an Italian government-backed cryptocurrency , the “Bit-Eurolira”, to run in parallel with the Euro in order to reflate the economy of the small and medium-sized companies (the real backbone of the Italian economy) and escape out from the austerity programs imposed by (Berlin) Brussels. At that time, blockchain was not on my radar screen but somehow the concept of regaining control of the instrument “money” through technology and the collaborative sharing of information among many tiny participants (in the case of the wineries) were swimming rapidly in my mind.In 2017 the fruits were ripe. A soon to be professor in engineering had just joined ORS and he had a few students working with him on a blockchain scientific paper. I finally had someone with whom I could pose a few technical questions to (how does it really work? What kind of coding and possibilities, etc.) and we started a very fascinating conversation. On the way back home, suddenly I was struck blind by lightning and I understood how powerful the combination of A.I. with blockchain and with smart contracts could be for helping businesses achieve what I am calling efficiency singularity, i.e. the theoretical maximum efficiency / productivity achievable. Why that? Simply put: any value chain is basically composed of three major flows: (i) the flow of goods/services; (ii) the flow of information; (iii) the flow of payments. ORS, thanks to its algorithms, is already able to “extract” very high efficiency — conditioned upon data availability — from the processes related to the movement of goods/services within a value chain (from a very small Asian sub-supplier to the end consumers), by synchronizing the activities of all the participants, even independent ones. But the flows of information, documents and payments are still very slow, cumbersome and somehow stuck in the “Middle Ages.” The Columbus’ egg was to understand that blockchain can be used for collaboratively collecting and sharing information (even using crypto rewards to incentivize the sharing) and that Ethereum smart contracts are very useful for executing instant payments without financial intermediaries.What a beauty ! Three technologies (A.I., blockchain, smart contracts) to be “stitched ” together (I know, I know, the Italian tailor maestro is still here) for creating and improving almost any business model. This is how the concept of the Hypersmart Contract was born and that is how I reached the marvelous blockchain shores.This fascinating journey of mine has only just begun but I can already tell you that the blood in my veins is pumping at high speed. I am deeply convinced that Blockchain, Ethereum’s smart contracts and Cryptocurrencies are here to stay and they will be much more disruptive and transformative than many think. By connecting them with A.I. , which means adding mathematical logic to take optimal decisions in an automated manner under stochastic conditions, they can be used to radically change business models and even society. For example: they can be used for partially reversing an unpleasant trend of centralization, concentration of power and fully transparent citizens. But change can only occur by evolution and not by revolution, because the enemies out there are many. The Hypersmart Contracts are the enabling technology for making the power of the vast libraries of the ORS algos available to developers and entrepreneurs, therefore contributing to their own projects and business models, whatever these might be (B2B, B2C, B2G, etc.). As a matter of fact, decentralized data storage, cryptocurrencies and smart contracts are very useful building blocks for creating innovative concepts and for challenging incumbents, but the real differentiating component is the algorithmic intelligence which can create long-lasting competitive advantages by leveraging on an increasing availability of useful data (Big Data).In this way we can innovate and change -for the better- the way business is done and change how society works, one startup, one project, one value chain after the other. Playing together, we can have fun, make money and deliver an improved social contract to our children.Play with us, I hope to see you soon among the beautiful Italian hills.SincerelyFabio Zoffi — ORS GROUP“When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognized for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease.”  ― John Maynard Keynes, Economic Possibilities for Our GrandchildrenBlockchainAISoftwareTechnologyItalyOne clap, two clap, three clap, forty?By clapping more or less, you can signal to us which stories really stand out.229BlockedUnblockFollowFollowingFabio Zoffi - ORSBorn in Venice (Italy) and living in Munich (Germany); Tech entrepreneur, Chairman of the Board at ORS GROUP; http://www.ors.ai229Never miss a story from Fabio Zoffi - ORS, when you sign up for Medium. Learn moreNever miss a story from Fabio Zoffi - ORSBlockedUnblockFollowGet updates