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Read_797 - The Next Big Thing Will Look Like a Toy

08 Feb 2024

Contributed by Lukas

"One of the amazing things about the internet economy is how different the list of top internet properties today looks from the list ten years ago.  ...

Guy's Take_080 - But Bitcoin Wastes Energy

05 Feb 2024

Contributed by Lukas

"Bitcoin wastes energy. You've heard it a million times. But what if its the exact opposite of the truth in every way? What if its actually our energy...

Read_796 - Stranded - How Bitcoin is Saving Wasted Energy

02 Feb 2024

Contributed by Lukas

"One night during my visit to Bondo, Carl asked me to pause as the sunset was fading, to look at the hills around us: the lights were all turning on, ...

Ai_014 - A Million New Devs with Hope TS

02 Feb 2024

Contributed by Lukas

"I think AI can make a lot of things better, and if you put them together, if you are aware of the resources at your disposal, I think the average per...

Read_795 - Bitcoin is Dead (Long Live IBIT)

31 Jan 2024

Contributed by Lukas

"To put it simply, there are now corporations with billions of dollars of investment in not just the asset, but the ecosystem. Mining is a huge econom...

Chat_091 - Economic Myths & The Dollar's Destiny with Dr. Robert Murphy

30 Jan 2024

Contributed by Lukas

In today's chat we dive into destroying economic myths and unraveling the political divides of our time toward what future they may be leading us to. ...

Read_794 - Open Letter To Prospective ETF Buyers

26 Jan 2024

Contributed by Lukas

"Bitcoin enables perhaps the most powerful mode of ownership ever devised; it would be akin to gold inside a safe that can’t be penetrated with all ...

Ai Read_004 - Building a Language Model (Part 2)

25 Jan 2024

Contributed by Lukas

  "It’s important to step outside of the hype and critically-analyze what is and is not useful. It’s very easy to get caught up in “potential”...

Read_793 - How DigiCash Blew Everything

24 Jan 2024

Contributed by Lukas

"Retrospectively, a lot of ex-DigiCash employees understand why Chaum was so paranoid.  As a cryptographer you have to assume the whole world is tryi...

Chat_090 - The Danger of Being Right Too Early with Devon Eriksen

23 Jan 2024

Contributed by Lukas

Sometimes in life and the course of history, there are moments where simply stating the truth, in a clear and understandable way, can stir a fire in t...

Guy's Take_079 - BITCOIN IS NOT MONEY

20 Jan 2024

Contributed by Lukas

"I hope Bitcoin sticks around and grows more popular, but in its current form to most in #TradFi it is the opposite of SOUND MONEY, especially if it t...

Ai Read_003 - The Nexus of Bitcoin and AI (Part 1)

18 Jan 2024

Contributed by Lukas

There are so many myths and misconceptions around AI models. What they can do, how they are trained, even the fundamentals of how the data for them is...

Read_792 - How CTV Helps Scale Bitcoin

17 Jan 2024

Contributed by Lukas

"Part of the problem of Lightning’s shortcoming regarding scalability of Bitcoin ownership is that in order to open a channel, or control a UTXO, yo...

Chat_089 - Lightning's Next Era with Sam Wouters

15 Jan 2024

Contributed by Lukas

There are a lot of speculation, claims, predictions, and accusations around the successes and faults of the Lightning Network. But where do this thing...

Guy's Take_078 - Are the ETFs the End of the Bitcoin Dream?

13 Jan 2024

Contributed by Lukas

The legacy financial system has arrived. One January 10th, numerous Bitcoin ETFs were approved. But is this even a good thing? What does this signal f...

Ai_013 - Become Anyone With Ai

11 Jan 2024

Contributed by Lukas

Today we explore the tools for voice changing ai and text-to-speech. What is Guy using, and what are the impacts of instant and easy voice copying be ...

Read_791 - Rethinking Lightning

09 Jan 2024

Contributed by Lukas

" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not popular. When most users...

Read_790 - The African Village Mining Bitcoin

08 Jan 2024

Contributed by Lukas

"The computers used to create valuable new Bitcoin tokens and validate transactions consume around the same amount of energy as a medium-sized country...

Read_789 - Can Appreciating Bitcoin Be a Good Money?

06 Jan 2024

Contributed by Lukas

"Bitcoin appears to be a decentralized Ponzi scheme not a decentralized currency. People don't spend it because they want it to go up. The dollar work...

Ai_012 - A Big Leap Forward for Local LLMs

05 Jan 2024

Contributed by Lukas

The models, the tools, the implementations, everything is moving incredibly fast. But a very interesting trend that I've been seeing, is that the open...

Read_788 - Stone Ridge 2023 Investor Letter

03 Jan 2024

Contributed by Lukas

"Since 2017, bitcoin has been Stone Ridge’s treasury reserve asset because of my extreme aversion to risk. We run net short USD – which is fancy w...

Read_787 - Usury, Your Bank, and You

01 Jan 2024

Contributed by Lukas

"This decision, which is legally sound, has the effect of declaring all private mortgages on real and personal property, and all U.S. and State bonds ...

Reboot - Bitcoin is a Pioneer Species

30 Dec 2023

Contributed by Lukas

“This makes Bitcoin miners uniquely symbiotic with energy grids serving as “demand response” partners. If energy is ever in short supply, people...

Read_786 - The Difficult Adjustment

27 Dec 2023

Contributed by Lukas

"We’re less than a year from another halving, awaiting systemic implications from federal regulation and institutional adoption, standing at the pre...

Reboot - The HODL vs DeaterBob Debate

26 Dec 2023

Contributed by Lukas

"You’re a thirsty bitch. You like to gargle Peter’s balls." ~ DeaterBob Merry Christmas! In this reboot episode, we revisit the infamous debate ...

Reboot - Isaiahs Job

24 Dec 2023

Contributed by Lukas

"There is a Remnant there that you know nothing about. They are obscure, unorganized, inarticulate, each one rubbing along as best he can. They need t...

Chat_88 - Broken Money, Broken World with Lyn Alden

22 Dec 2023

Contributed by Lukas

"You got to go from proto banking to full service banking and then to central banking and you know interconnected central bank. So now a lot of that i...

Ai_011 - The Fears of Ai

21 Dec 2023

Contributed by Lukas

Ai is a powerful tool, and thus, necessarily comes with incredible risk. It could obsolete millions of workers, taking jobs and productive capacity aw...

Read_785 - Everyone Needs an Uncle Jim

20 Dec 2023

Contributed by Lukas

"Regulators will continue coming down on those custodians, making more demands for information, more demands on restrictions for what users can do wit...

Guy's Take_077 - Dear Government...

18 Dec 2023

Contributed by Lukas

In this episode I dive into the ongoing shift from closed systems to open, permissionless digital realms, drawing parallels to the internet revolution...

Ai_010 - Tools for Running Local LLMs

14 Dec 2023

Contributed by Lukas

Today we dive into a few of my favorite tools for running LLMs locally on your machine, even the average consumer machine. With a huge variety of mode...

Read_784 - How FinCEN May Be Violating your Rights

13 Dec 2023

Contributed by Lukas

"I’ve done an overall analysis of the proposal by addressing seven different sections of where FinCEN is attempting to infringe on your rights. From...

Read_783 - Ordinals Are Fiat, Inscriptions Aren't Rare

11 Dec 2023

Contributed by Lukas

"Nothing in the ordinal logic requires inscriptions to be linked to the “first” sat. So why is it the first sat of the first output? Why not the s...

Read_782 - The Ethics of Emergencies

08 Dec 2023

Contributed by Lukas

The principle that one should help men in an emergency cannot be extended to regard all human suffering as an emergency and to turn the misfortune of ...

Ai Read_002 - A Coder Considers The Waning Days of the Craft

07 Dec 2023

Contributed by Lukas

"Coding has always felt to me like an endlessly deep and rich domain. Now I find myself wanting to write a eulogy for it." ~ James Somers   Today we ...

Read_781 - The Censorship Industrial Complex, CTIL Files 01

06 Dec 2023

Contributed by Lukas

"Many people insist that governments aren't involved in censorship, but they are. And now, a whistleblower has come forward with an explosive new trov...

Read_780 - Lightning is Doomed!

05 Dec 2023

Contributed by Lukas

"A reality check on the limitations of Lightning Network, and what that means in terms of its long term viability. No, it's not doomed, but it probabl...

Guy's Take_076 - Fiat Money's Dark Secret

04 Dec 2023

Contributed by Lukas

The free market works because economic decisions are made by people who have skin in the game. When you spend $100 you have earned, you understand the...

PSA - Farewell Nodeless

30 Nov 2023

Contributed by Lukas

Nodeless is dead. Long live Nodeless. Unfortunately the Nodeless payment service has had to shut down, but for anyone who needs to get in touch for an...

Read_779 - A Network of Keys

29 Nov 2023

Contributed by Lukas

"Clients applying this reasoning should remember that, in bitcoin, no one is too big to fail. There is no government or money printer capable of resto...

Ai_009 - 5 Ways You Should be Using Ai

29 Nov 2023

Contributed by Lukas

If you are looking to maximize your productivity, to use the Ai tools available in a way that genuinely gives you that 5x improvement of your capabili...

Read_778 - Durabit, Incentivizing Torrent Seeders

27 Nov 2023

Contributed by Lukas

"A recent anonymous proposal specifies a system using timelocked Bitcoin transactions and chaumian ecash mints to create an economic incentive for Bit...

Reboot - Bitcoin is Digital Scarcity

24 Nov 2023

Contributed by Lukas

"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature. While V...

Guy's Take_075 - A Global Monetary Rebellion

22 Nov 2023

Contributed by Lukas

The election of Javier Milei is unlikely the be the next El Salvador, but I don't think it needs to be in order to be significant. There is something ...

Read_777 - The Inevitable Bust

20 Nov 2023

Contributed by Lukas

"The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and...

Ai Read_001 - A Gentle Introduction to Large Language Models

17 Nov 2023

Contributed by Lukas

"Our first instinct when interacting with a Large Language Model should not be “wow these things must be really smart or really creative or really u...

Chat_87 - Coinos & Merchant Onboarding with Adam & Cole

16 Nov 2023

Contributed by Lukas

"Ultimately, my goal with Coinos is to make Bitcoin a super simple user interface for "normies" to be able to come on and not have to understand how t...

Guy's Take_074 - Banks Without Bankers

15 Nov 2023

Contributed by Lukas

Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but just more IOUs? ...

Read_776 - Banks Without Bankers

09 Nov 2023

Contributed by Lukas

"Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are ...

Guy's Take_073 - Lightning is Dead, Long Live Lightning!

07 Nov 2023

Contributed by Lukas

LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of the broken and defeated Lightning network? I ...

Read_775 - The Fed Threatens to Sue Bitcoin Magazine

04 Nov 2023

Contributed by Lukas

"We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they would...

Chat_86 - Everything on Bitcoin with Robin Linus & Super Testnet

01 Nov 2023

Contributed by Lukas

It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain... what if that was not only true, ...

Read_774 - Bitcoin Won't Fix the Federal Reserve

26 Oct 2023

Contributed by Lukas

"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Fede...

Read_773 - A Solution to Scaling Lightning

24 Oct 2023

Contributed by Lukas

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and impl...

Basics_008 - How to Buy Bitcoin

18 Oct 2023

Contributed by Lukas

We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use...

Read_772 - Easier Way to Bootstrap the UTXO Set

17 Oct 2023

Contributed by Lukas

"After four years of work, James O'Beirne's assumeutxo option to allow instant UTXO set bootstrapping for your Bitcoin node is merged into Bitcoin Cor...

Read_771 - Beating Fiat with the Breez SDK

13 Oct 2023

Contributed by Lukas

"There used to be tradeoffs between Lightning and fiat: UX vs. sovereignty; UX vs. speed; UX vs. cost; off-the-shelf fiat payment widgets vs. coding ...

Read_770 - The Big Deal with BitVM

11 Oct 2023

Contributed by Lukas

"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being able to challenge a few steps of the c...

Guy's Take_071 - But Bitcoin Doesn't Innovate

10 Oct 2023

Contributed by Lukas

I hope you listened to the recent read by Beautyon, Bitcoin and Software Reliability, because today we continue our FUD Relief series. I suspect you h...

Ai_008 - Ecash and Ai with Obi Nwosu

09 Oct 2023

Contributed by Lukas

Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠bitcoinaudible.com/fold...

FEATURING AI Unchained #008 - Ecash and Ai with Obi Nwosu

09 Oct 2023

Contributed by Lukas

Obi Nwosu, co-founder and CEO of Fedi, joins us today to talk about the new innovations and challenges in decentralising the web and how both Bitcoin ...

Reboot - Bitcoin & Software Reliability

05 Oct 2023

Contributed by Lukas

"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially mil...

Read_769 - Orange is the New Green

03 Oct 2023

Contributed by Lukas

"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever-expanding money supply. Bitcoin emerges as the ultimate shiel...

Ai_007 - Global Markets for GPU Power with Christopher David

30 Sep 2023

Contributed by Lukas

What if we could mitigate the enormous centralizing effects of the massive server farms and huge corporate entities, by pooling the GPU power of the m...

Chat_85 - Bitcoin HyperDecentralization with Zack Bomsta

29 Sep 2023

Contributed by Lukas

In this episode, I talked with Zack ₿omsta, the visionary leader behind Pivotal Pleb. Pivotal Pleb is on a mission to level the playing field for de...

Read_768 - Living Through the Fall of Rome

28 Sep 2023

Contributed by Lukas

"Today historians focus on the symptoms of Rome’s fall, the consequences: The moral decay, the economic decline, the fall in public safety, the mult...

Read_767 - Pay Me in Bitcoin Theory

25 Sep 2023

Contributed by Lukas

"If the merchant wants the bitcoin and you pay in fiat_, that is you shifting the burden of fiat friction on to them. And paying your valued vendors i...

Read_766 - Spiderchains, Proof of Stake L2

20 Sep 2023

Contributed by Lukas

"Take the idea of proof-of-stake as a base layer consensus mechanism, and throw the idea away for right now. That's not what this is, and the problems...

Read_765 - "Hoarding" is a Keynesian Slur

15 Sep 2023

Contributed by Lukas

"This has been one of the most effective psychological operations that has ever been conducted on the public in human history. The high priests of cen...

Chat_84 - Layers, Payments, and Relays with Utxo

14 Sep 2023

Contributed by Lukas

Today we sit down with Utxo, founder of Nodeless, on understanding the design space for Bitcoin services, the challenges of making Bitcoin accessible ...

Read_764 - UTXOracle, Decentralizing the Oracle Problem

11 Sep 2023

Contributed by Lukas

"It means that, given an open-source model, this could help bring about the ability to: Independently calculate the price of bitcoin using only you...

Guy's Take #70 - But Deflation is Bad

07 Sep 2023

Contributed by Lukas

A deflationary money is going to destroy the economy! If the value of money keeps going up, then no one will ever spend it! If no one spends it, then ...

Read_763 - Evils of THE ALGORITHM

06 Sep 2023

Contributed by Lukas

"Everything about the concept of a social network and the incredible potential and beauty of #nostr as a protocol is in controlling your experience, w...

Read_762 - Bitcoin's Security Model Deep Dive

01 Sep 2023

Contributed by Lukas

"When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definitio...

Read_761 - A Sound Bitcoin Financial System [Alex B]

29 Aug 2023

Contributed by Lukas

"I believe it’s important to go back to what this sovereignty is made of. Bitcoin works because an economic majority is aligning incentives for ever...

Read_760 - Drivechain's Place in Bitcoin's Future

25 Aug 2023

Contributed by Lukas

"To not die, Bitcoin must become more used. The current thesis accepted by most “maximalists” is that Bitcoin will continue to be thought of as an...

Read_759 - Increasing Interoperability in Second Layer Protocols [Chase Smith]

24 Aug 2023

Contributed by Lukas

"Often overlooked is the importance of interoperability between not only the second-layer protocol and Bitcoin but the layer-2 protocols themselves. A...

Read_758 - Scaling and Consensus Changes [James O'Beirne⁠]

21 Aug 2023

Contributed by Lukas

"When reading a draft of this post, my wife got kind of depressed right around here. Her macabre question, basically, is: “if everyone just winds up...

Read_757 - Putting the B in BTC [Anthony Towns]

18 Aug 2023

Contributed by Lukas

"The headroom there isn’t unlimited — expect it to show up as fee pressure and backlogs and less ability to quickly resolve transaction storms. An...

Read_756 - Bitcoin, The Trust Anchor in a Sea of Blockchains [Jameson Lopp]

17 Aug 2023

Contributed by Lukas

"While bitcoin is still mainly seen as digital currency, it’s essentially a timestamped log with special properties. As such, it can be utilised for...

Guys Take #69 - But It's Just Digital Points...

14 Aug 2023

Contributed by Lukas

With so many common misconceptions about money, how can we possibly make sense of Bitcoin for customers who have spent their entire lives using only a...

Read_755 - Drivechains

11 Aug 2023

Contributed by Lukas

"A successful blind merge mined sidechain with significant MEV opportunities could offer Bitcoin significant benefits, which could more than offset th...

Chat_83 - Decentralizing Global Markets with Nostr, Pablof7z

08 Aug 2023

Contributed by Lukas

We have an incredible chat today with Pablof7z who is on a mission to make Nostr the global, decentralized marketplace. With highlighter for integrate...

Ai_006 - Evil, Intelligence & Value with Dhruv Bansal

04 Aug 2023

Contributed by Lukas

Today we delve into a captivating topic, as we explore the potential relationship between AI and evil. My guest Dhruv Bansal brings his profound insig...

Read_754 - Bitcoin Is Not Crypto, The SEC Confirms

04 Aug 2023

Contributed by Lukas

"Talk to a bitcoin maximalist – someone who believes that bitcoin is the only digital asset with innate value – and, more likely than not, they’...

Read_753 - Bitcoin Timestamp Security [Jameson Lopp]

27 Jul 2023

Contributed by Lukas

"Bitcoin is often referred to as a secure timestamping service. We never had a global record of truth with trustworthy timestamps, so how did this com...

Read_752 - Bitcoin Becomes the Flag of Technology [Balaji S. Srinivasan]

26 Jul 2023

Contributed by Lukas

"Bitcoin represents the explicit encoding of previously implicit values of the tech community. It's not just software — it is a Schelling point and ...

Read_751 - Decentralization: Why Dumb Networks Are Better [Andreas Antonopolous]

21 Jul 2023

Contributed by Lukas

"Some networks are “smart.” They offer sophisticated services that can be delivered to very simple end-user devices on the “edge” of the netwo...

Read_749 - Economics of Bitcoin as a Settlement Network [Saifedean]

18 Jul 2023

Contributed by Lukas

"The obsession with consumer payments in the Bitcoin community is an unfortunate relic of the fiat money era. Generations that have only known monetar...

Read_750 - Capital in the 21st Century [Allen Farrington]

16 Jul 2023

Contributed by Lukas

"To do our best to minimize the economics jargon once again, we might simply ask: what are you going to do with your time? Are you going to create or ...

Read_748 - Bitcoin & the Rise of the Cypherpunks [Lopp]

13 Jul 2023

Contributed by Lukas

"While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this history, we can unders...

Read_747 - The Bondholder's Burning Platform [Croesus]

11 Jul 2023

Contributed by Lukas

"Since 1800, in 51 out of 52 cases where a country’s debt-to-GDP ratio reached 130%, the country eventually defaulted. The only exception is current...

Guy's Take #68 - Lightning & the Ai Economy

06 Jul 2023

Contributed by Lukas

Ai agents are going to be able to seek out, delegate, and pay for micro services from an ecosystem of other agents & services. But the resources b...

Reboot - Bitcoin and The American Idea [Alex Gladstein]

04 Jul 2023

Contributed by Lukas

"Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was a bo...

Ai_005 - Ai, Fiat Incompatible with Kody Low

04 Jul 2023

Contributed by Lukas

"So we had built this for a while, but because API calls are basically free, there really wasn't a good match for it. There were some good matches for...

Read_746 - Orange Pilling Your Barber [Hector Alvero]

30 Jun 2023

Contributed by Lukas

"Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accountants, te...

Chat_82 - The Spirit of Satoshi

29 Jun 2023

Contributed by Lukas

We recently had Aleks Svetski back on at Ai Unchained to discuss the project we hinted at in episode 2 that he made public at BTCPrague. The Spirit of...

Read_745 - Every Company Will Be A Lightning Company [Graham Krizek]

28 Jun 2023

Contributed by Lukas

"Neither a startup nor a bank will ever be able to cost-effectively compete on a global scale with the Lightning Network." — Graham Krizek Today we...

Read_744 - How To Position for the Bitcoin Boom, Part 2 [Adamant Research]

24 Jun 2023

Contributed by Lukas

"Investing in bitcoin, we believe, is like having the ability to buy shares of a general “Internet ETF” back in the early 1990s, or like being abl...

Read_743 - How to Position for the Bitcoin Boom, Part 1 [Adamant Research]

22 Jun 2023

Contributed by Lukas

"bitcoin is a protocol stack which we can expect to be expanding for many decades, and its foundation is that lean, simple database defended by the wo...

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