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Bitcoin Audible (previously the cryptoconomy)

Guy Swann

10
Followers
7
Plays
Bitcoin Audible (previously the cryptoconomy)

Bitcoin Audible (previously the cryptoconomy)

Guy Swann

10
Followers
7
Plays
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About Us

The Best in Bitcoin made Audible!Guy Swann makes the knowledge of the world's most secure, independent money, accessible to everyone.[part of The Cryptoconomy Network]

Latest Episodes

Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology." - Willem Van Den Bergh Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks inform us about these unique systems, and do they demonstrate the limits of free markets? Don't miss this incredible piece from Willem "On Schelling Points, Network Effects, & Lindy." https://medium.com/@willemvandenbergh_85885/on-schelling-points-network-effects-and-lindy-inherent-properties-of-communication-c4eb69b55c60 A great listen to accompany this one is Nick Szabo's "Shelling Out": https://anchor.fm/thecryptoconomy/episodes/Reboot---Shelling-Out-The-Origins-of-Money-Nick-Szabo-e9omme Sleep comfortably tonight, stack sats automatically with the lowest hassle, lowest cost Bitcoin savings plan. SwanBitcoin.com/guy --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

81 MIN2 d ago
Comments
Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

Read_416 - The Root of Money? [Atlas Shrugged]

"Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the typical product of money.” Rearden did not think that Francisco could have heard it, but he saw Francisco turning to them with a gravely courteous smile..." - Ayn Rand Reading the famous speech by character Francisco D'Anconia in the novel "Atlas Shrugged" on the root of all money. This one had a profound effect on my understanding of economics and money in the beginning of my journey down the rabbit hole, that ultimately led me to Bitcoin. Enjoy. Use swanbitcoin.com/guy for sound money. --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

19 MIN3 d ago
Comments
Read_416 - The Root of Money? [Atlas Shrugged]

Read_415 - Masters & Slaves of Money - Part 2 [Robert Breedlove]

“When we stop conceiving of central banking as an economics story, and start to see it as a crime story, we are beginning to get the true picture.” - Robert Breedlove The epic conclusion of Breedlove’s “Masters and Slaves of money,” and the inevitable Guy’s Rant further exploring just how poisonous the corruption of our money is on the sustainability and moral fabric of society. Click the crap out of the applause button on the medium article below, and don’t forget the many links for exploring tons of other great works: https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f What Does 1 Trillion Dollars Look Like? https://www.youtube.com/watch?v=g4Rva4KmtmQ Secure your Bitcoin savings with the best and lowest cost auto-buy service in the ecosystem atSwanBitcoin.com/guy Thanks to the Let’s Talk Bitcoin Network & Bitcoin Magazine for including Bitcoin Audible and spreading these incredible works to everyone in the Bitcoin space! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

47 MIN4 d ago
Comments
Read_415 - Masters & Slaves of Money - Part 2 [Robert Breedlove]

Read_414 - Masters & Slaves of Money - Part 1 [Robert Breedlove]

"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality." -Robert Breedlove Breedlove brings us another excellent write up, this time on the nature of monetary masters and the power dynamic they embody. Exploring the Trans-Atlantic slave trade, the monetary origins of the decline of Western Africa, the logos, and the free speech of human value and time, "Masters & Slaves of Money" is a brilliant investigation to the monetary hierarchy of our world, and how its control has shaped history. We will break through this piece in 2 parts, starting with today, Part 1 of "Masters & Slaves of Money" byRobert Breedlove. https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f Secure your Bitcoin savings with the best and lowest cost auto-buy service in the ecosystem atSwanBitcoin.com/guy Thanks to the Let’s Talk Bitcoin Network & Bitcoin Magazine for including Bitcoin Audible and spreading these incredible works to everyone in the Bitcoin space! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

63 MIN5 d ago
Comments
Read_414 - Masters & Slaves of Money - Part 1 [Robert Breedlove]

Read_413 - Bitcoin, A Declaration of Monetary Independence [Jimmy Song]

"The system is rigged." - Jimmy Song How does out monetary system work and what does it even mean for the government and central bank to have printed trillions of dollars to hand out to everyone, as if we could all just print our way to infinite riches? Is that possible? Does that even make sense? Or is there a better and more fair monetary system at our disposal that reveals the injustices of the current system, and presents a grain of hope for our future? Bitcoin: A Declaration of Monetary Independence from Jimmy Song! https://medium.com/@jimmysong/bitcoin-a-declaration-of-monetary-independence-63dee34bdff9 For another great piece to get jacked about taking back our sovereignty on Independence Day, listen to Brady Swenson's article of the same title, "A Declaration of Monetary Independence"! https://anchor.fm/thecryptoconomy/episodes/Read_384---A-Declaration-of-Monetary-Independence-Brady-Swenson-ed66jv Start saving in sound independent money today, don't contribute to the corrupt fiat monster any longer, by auto-buying Bitcoin on a regular basis at SwanBitcoin.com/guy. You'll get $10 free to start you off, and you'll always have a hedge against the money printer. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

42 MIN1 w ago
Comments
Read_413 - Bitcoin, A Declaration of Monetary Independence [Jimmy Song]

Read_412 - Bitcoin's Town Square [Zane Pocock]

"Mempools are the centerpiece of the entire Bitcoin economy. And they are totally underrated." - Zane Pocock Today we dig into a unique mental framework of the Bitcoin mempool and how to understand its significance and the fascinating role it plays in the global bidding war for Bitcoin block space. A work by first time author Zane Pocock at MempoolReview.com, Guy reads "Bitcoin's Town Square" & expands on exactly how he views the open information market working tirelessly to find the right price for a Bitcoin confirmation. The original article with numerous other great links in the read: https://www.mempoolreview.com/bitcoins-town-square/ An essential piece mentioned in the read is Hayek's essential work: The Use of Knowledge in Society Part 1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj The Use of Knowledge in Society Part 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 For $10 free in Bitcoin, start your auto purchase Bitcoin savings plan with the lowest fees available at swanbitcoin.com/guy. There is no better sleep on the market than knowing you are always stacking sats! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

39 MIN1 w ago
Comments
Read_412 - Bitcoin's Town Square [Zane Pocock]

Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more valuable or secure." - Phil Geiger Digging back into the Unchained Capital Blog we find a fascinating framing of the problem of Bitcoin's security at the end of the block subsidy era, where costs will be paid directly by those making transactions. Will the network be secure, or will we need more inflation, breaking the ultimate value of the system itself, in order to subsidize the hashes protecting the timechain? Find out in today's article, "21 Million is Non-Negotiable" by Phil Geiger. The full article is found below, plus the incredible list of other work at the Unchained Blog: https://unchained-capital.com/blog/21-million-is-non-negotiable/ Get your slice of the 21 million today while you can still easily buy millions of sats for very little! The best way is to auto-purchase at a regular interval so you are always saving your money in the scarcest good in the world. For $10 free to start off, go to SwanBitcoin.com/guy! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

59 MIN1 w ago
Comments
Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

Read_410 - Entering the Decade of Lightning [Elizabeth Stark]

"#Bitcoin as protocol has huge potential: it's like the TCP layer, but no one has built the HTTP layer yet." - Elizabeth Stark Today we read an article from earlier this year on the massive advances we have seen in Lightning since its inception, and the awesome potential it has for the future. Written by Elizabeth Stark, co-founder of Lightning Labs, and followed by a long rant about all of the tools I’ve been using and the amazing things that are made possible with them! Entering the Decade of Lightning, by Elizabeth Stark https://medium.com/@lightning_labs/entering-the-decade-of-lightning-8c4a4d31167f Links Below of all the incredible services and wallets available to begin experimenting with: Breez Wallet: https://breez.technology Zap Wallet: https://zap.jackmallers.com Strike: https://twitter.com/ln_strike Blue Wallet: https://bluewallet.io Muun Wallet: https://muun.com Wallet of Satoshi: https://www.walletofsatoshi.com BTCPayServer: https://btcpayserver.org/ Fold App: https://foldapp.com And don't forget SwanBitcoin for the best damn sleep in the world, regard of which stupid mattress you bought. Auto buying Bitcoin every week and waking up to that sweet notification that you have safely and securely stacked more bitcoins. SwanBitcoin.com/guy --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

44 MIN1 w ago
Comments
Read_410 - Entering the Decade of Lightning [Elizabeth Stark]

Chat_42 - Pseu, Guy, & the Future of Bitcoin

"Guy Swann returns to the show to discuss Bitcoin scaling, privacy, lightning, state chains, institutional solutions, owning your keys, and much more." Pseu and I go down the rabbit hole of Bitcoin's future and what the road there may look like in this episode of his show, "A Boy Named Pseu." If you haven't checked out his podcast yet, it's a great one to explore on the principles of liberty and deep dives into all sort of conversations around Bitcoin. It's definitely one not to miss! https://podcasts.apple.com/us/podcast/a-boy-named-pseu/id1477843916 Looking for that Bitcoin only, no noise, long term place to send your friends to buy Bitcoin? SwanBitcoin.com/guy will get them $10 free to start off, and not even once try to convince them to buy XRP. DISCOUNT CODE "CC" will get you 30% off tickets to BitBlockBoom! Don't forget to grab them before they sell out! We are getting close and you don't want to miss the ultimate Bitcoin Maximalist conference --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

98 MIN2 w ago
Comments
Chat_42 - Pseu, Guy, & the Future of Bitcoin

Read_409 - 57 Varieties of Pyrite [Rusty Russell]

"Incentives have driven exchanges to become casinos, and they’re doing exactly what you’d expect unregulated casinos to do. This is no place you ever want to send anyone." - Rusty Russell A sobering and important reminder of the dangers that exchanges have come to pose for people new to the Bitcoin space. Rusty Russell writes a concise piece breaking down the incentives of the exchange market and the increasing risks they pose in hooking people with the promise they can buy Bitcoin, and trapping them in the cycle of chasing green candles on 57 varieties of crap. From Rusty's excellent blog with many other great little thoughts, check out below for tons of other great insight and discussion: https://rusty.ozlabs.org/ Looking for that Bitcoin only, no noise, long term place to send your friends to buy Bitcoin? SwanBitcoin.com/guy will get them $10 free to start off, and not even once try to convince them to buy XRP. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

39 MIN2 w ago
Comments
Read_409 - 57 Varieties of Pyrite [Rusty Russell]

Latest Episodes

Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

"This rationale also completely demolishes the “blockchain not Bitcoin” mantra as the Schelling point is purely based on bitcoin the money, not blockchain the technology." - Willem Van Den Bergh Why do communication protocols tend towards monopoly? What is it in the nature of networks that lends dominance in a single medium, in the way VHS killed the very existence of BetaMax, how Blu-ray pushed HD-DVD into obscurity? What can Schelling Points, the Lindy Effects, and what we know about networks inform us about these unique systems, and do they demonstrate the limits of free markets? Don't miss this incredible piece from Willem "On Schelling Points, Network Effects, & Lindy." https://medium.com/@willemvandenbergh_85885/on-schelling-points-network-effects-and-lindy-inherent-properties-of-communication-c4eb69b55c60 A great listen to accompany this one is Nick Szabo's "Shelling Out": https://anchor.fm/thecryptoconomy/episodes/Reboot---Shelling-Out-The-Origins-of-Money-Nick-Szabo-e9omme Sleep comfortably tonight, stack sats automatically with the lowest hassle, lowest cost Bitcoin savings plan. SwanBitcoin.com/guy --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

81 MIN2 d ago
Comments
Read_417 - On Schelling Points, Network Effects, & Lindy [Willem Van Den Bergh]

Read_416 - The Root of Money? [Atlas Shrugged]

"Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the typical product of money.” Rearden did not think that Francisco could have heard it, but he saw Francisco turning to them with a gravely courteous smile..." - Ayn Rand Reading the famous speech by character Francisco D'Anconia in the novel "Atlas Shrugged" on the root of all money. This one had a profound effect on my understanding of economics and money in the beginning of my journey down the rabbit hole, that ultimately led me to Bitcoin. Enjoy. Use swanbitcoin.com/guy for sound money. --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

19 MIN3 d ago
Comments
Read_416 - The Root of Money? [Atlas Shrugged]

Read_415 - Masters & Slaves of Money - Part 2 [Robert Breedlove]

“When we stop conceiving of central banking as an economics story, and start to see it as a crime story, we are beginning to get the true picture.” - Robert Breedlove The epic conclusion of Breedlove’s “Masters and Slaves of money,” and the inevitable Guy’s Rant further exploring just how poisonous the corruption of our money is on the sustainability and moral fabric of society. Click the crap out of the applause button on the medium article below, and don’t forget the many links for exploring tons of other great works: https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f What Does 1 Trillion Dollars Look Like? https://www.youtube.com/watch?v=g4Rva4KmtmQ Secure your Bitcoin savings with the best and lowest cost auto-buy service in the ecosystem atSwanBitcoin.com/guy Thanks to the Let’s Talk Bitcoin Network & Bitcoin Magazine for including Bitcoin Audible and spreading these incredible works to everyone in the Bitcoin space! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

47 MIN4 d ago
Comments
Read_415 - Masters & Slaves of Money - Part 2 [Robert Breedlove]

Read_414 - Masters & Slaves of Money - Part 1 [Robert Breedlove]

"Money is a tool for trading human time. Central banks, the modern-era masters of money, wield this tool as a weapon to steal time and inflict wealth inequality." -Robert Breedlove Breedlove brings us another excellent write up, this time on the nature of monetary masters and the power dynamic they embody. Exploring the Trans-Atlantic slave trade, the monetary origins of the decline of Western Africa, the logos, and the free speech of human value and time, "Masters & Slaves of Money" is a brilliant investigation to the monetary hierarchy of our world, and how its control has shaped history. We will break through this piece in 2 parts, starting with today, Part 1 of "Masters & Slaves of Money" byRobert Breedlove. https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f Secure your Bitcoin savings with the best and lowest cost auto-buy service in the ecosystem atSwanBitcoin.com/guy Thanks to the Let’s Talk Bitcoin Network & Bitcoin Magazine for including Bitcoin Audible and spreading these incredible works to everyone in the Bitcoin space! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

63 MIN5 d ago
Comments
Read_414 - Masters & Slaves of Money - Part 1 [Robert Breedlove]

Read_413 - Bitcoin, A Declaration of Monetary Independence [Jimmy Song]

"The system is rigged." - Jimmy Song How does out monetary system work and what does it even mean for the government and central bank to have printed trillions of dollars to hand out to everyone, as if we could all just print our way to infinite riches? Is that possible? Does that even make sense? Or is there a better and more fair monetary system at our disposal that reveals the injustices of the current system, and presents a grain of hope for our future? Bitcoin: A Declaration of Monetary Independence from Jimmy Song! https://medium.com/@jimmysong/bitcoin-a-declaration-of-monetary-independence-63dee34bdff9 For another great piece to get jacked about taking back our sovereignty on Independence Day, listen to Brady Swenson's article of the same title, "A Declaration of Monetary Independence"! https://anchor.fm/thecryptoconomy/episodes/Read_384---A-Declaration-of-Monetary-Independence-Brady-Swenson-ed66jv Start saving in sound independent money today, don't contribute to the corrupt fiat monster any longer, by auto-buying Bitcoin on a regular basis at SwanBitcoin.com/guy. You'll get $10 free to start you off, and you'll always have a hedge against the money printer. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

42 MIN1 w ago
Comments
Read_413 - Bitcoin, A Declaration of Monetary Independence [Jimmy Song]

Read_412 - Bitcoin's Town Square [Zane Pocock]

"Mempools are the centerpiece of the entire Bitcoin economy. And they are totally underrated." - Zane Pocock Today we dig into a unique mental framework of the Bitcoin mempool and how to understand its significance and the fascinating role it plays in the global bidding war for Bitcoin block space. A work by first time author Zane Pocock at MempoolReview.com, Guy reads "Bitcoin's Town Square" & expands on exactly how he views the open information market working tirelessly to find the right price for a Bitcoin confirmation. The original article with numerous other great links in the read: https://www.mempoolreview.com/bitcoins-town-square/ An essential piece mentioned in the read is Hayek's essential work: The Use of Knowledge in Society Part 1 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_250---Use-of-Knowledge-in-Society-Part-1---F--A--Hayek-e43pfj The Use of Knowledge in Society Part 2 https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_251---Use-of-Knowledge-in-Society-Part-2---F--A--Hayek-e444k0 For $10 free in Bitcoin, start your auto purchase Bitcoin savings plan with the lowest fees available at swanbitcoin.com/guy. There is no better sleep on the market than knowing you are always stacking sats! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

39 MIN1 w ago
Comments
Read_412 - Bitcoin's Town Square [Zane Pocock]

Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

"Distorting supply only serves to distort a currency’s ability to perform its job of storing and communicating value; it can’t make a currency more valuable or secure." - Phil Geiger Digging back into the Unchained Capital Blog we find a fascinating framing of the problem of Bitcoin's security at the end of the block subsidy era, where costs will be paid directly by those making transactions. Will the network be secure, or will we need more inflation, breaking the ultimate value of the system itself, in order to subsidize the hashes protecting the timechain? Find out in today's article, "21 Million is Non-Negotiable" by Phil Geiger. The full article is found below, plus the incredible list of other work at the Unchained Blog: https://unchained-capital.com/blog/21-million-is-non-negotiable/ Get your slice of the 21 million today while you can still easily buy millions of sats for very little! The best way is to auto-purchase at a regular interval so you are always saving your money in the scarcest good in the world. For $10 free to start off, go to SwanBitcoin.com/guy! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

59 MIN1 w ago
Comments
Read_411 - 21 Million is Non-Negotiable [Phil Geiger]

Read_410 - Entering the Decade of Lightning [Elizabeth Stark]

"#Bitcoin as protocol has huge potential: it's like the TCP layer, but no one has built the HTTP layer yet." - Elizabeth Stark Today we read an article from earlier this year on the massive advances we have seen in Lightning since its inception, and the awesome potential it has for the future. Written by Elizabeth Stark, co-founder of Lightning Labs, and followed by a long rant about all of the tools I’ve been using and the amazing things that are made possible with them! Entering the Decade of Lightning, by Elizabeth Stark https://medium.com/@lightning_labs/entering-the-decade-of-lightning-8c4a4d31167f Links Below of all the incredible services and wallets available to begin experimenting with: Breez Wallet: https://breez.technology Zap Wallet: https://zap.jackmallers.com Strike: https://twitter.com/ln_strike Blue Wallet: https://bluewallet.io Muun Wallet: https://muun.com Wallet of Satoshi: https://www.walletofsatoshi.com BTCPayServer: https://btcpayserver.org/ Fold App: https://foldapp.com And don't forget SwanBitcoin for the best damn sleep in the world, regard of which stupid mattress you bought. Auto buying Bitcoin every week and waking up to that sweet notification that you have safely and securely stacked more bitcoins. SwanBitcoin.com/guy --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

44 MIN1 w ago
Comments
Read_410 - Entering the Decade of Lightning [Elizabeth Stark]

Chat_42 - Pseu, Guy, & the Future of Bitcoin

"Guy Swann returns to the show to discuss Bitcoin scaling, privacy, lightning, state chains, institutional solutions, owning your keys, and much more." Pseu and I go down the rabbit hole of Bitcoin's future and what the road there may look like in this episode of his show, "A Boy Named Pseu." If you haven't checked out his podcast yet, it's a great one to explore on the principles of liberty and deep dives into all sort of conversations around Bitcoin. It's definitely one not to miss! https://podcasts.apple.com/us/podcast/a-boy-named-pseu/id1477843916 Looking for that Bitcoin only, no noise, long term place to send your friends to buy Bitcoin? SwanBitcoin.com/guy will get them $10 free to start off, and not even once try to convince them to buy XRP. DISCOUNT CODE "CC" will get you 30% off tickets to BitBlockBoom! Don't forget to grab them before they sell out! We are getting close and you don't want to miss the ultimate Bitcoin Maximalist conference --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

98 MIN2 w ago
Comments
Chat_42 - Pseu, Guy, & the Future of Bitcoin

Read_409 - 57 Varieties of Pyrite [Rusty Russell]

"Incentives have driven exchanges to become casinos, and they’re doing exactly what you’d expect unregulated casinos to do. This is no place you ever want to send anyone." - Rusty Russell A sobering and important reminder of the dangers that exchanges have come to pose for people new to the Bitcoin space. Rusty Russell writes a concise piece breaking down the incentives of the exchange market and the increasing risks they pose in hooking people with the promise they can buy Bitcoin, and trapping them in the cycle of chasing green candles on 57 varieties of crap. From Rusty's excellent blog with many other great little thoughts, check out below for tons of other great insight and discussion: https://rusty.ozlabs.org/ Looking for that Bitcoin only, no noise, long term place to send your friends to buy Bitcoin? SwanBitcoin.com/guy will get them $10 free to start off, and not even once try to convince them to buy XRP. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thecryptoconomy/message

39 MIN2 w ago
Comments
Read_409 - 57 Varieties of Pyrite [Rusty Russell]
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