Bitcoin Audible25 Aug 2023

Read_760 - Drivechain's Place in Bitcoin's Future

"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 investment and its price will keep increasing, the price movements will bring more attention to it in a virtuous cycle. Eventually enough people will want to hold it so they will start accepting it as a payment for goods and services and then it can start to be used as money."

Today we dive into Fiatjaf's contribution to the sidechains, drivechains and scaling bitcoin to billions series as a follow up to James Obeirne's piece. Bitcoin can still fail, but what would make bitcoin fail and how can we avoid it? Is there a solution we've been sitting on untapped? Could drivechains prevent the undesirable future where the whole world simply ends up trusting custodians? Let's explore in today's episode.

Check out the original article at: ⁠

The place of Drivechain in Bitcoin’s future – Fiatjaf

If you haven't been following this article series, then don't forget to check out last few reads for context at the links below:

James OB - Anthony towns - Blockstream - Drivechains

Check out our awesome sponsors and the offers they have for the Audible crew!

9% off the Coldcard with code BITCOINAUDIBLE, ⁠⁠⁠⁠⁠bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠
Check out the KYC Free, simple, no management, Bitcoin merchant solution, ⁠⁠⁠⁠⁠Nodeless.io/guy⁠⁠⁠⁠⁠
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

-------------------------

"One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain." — Thomas Sowell

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1401)

Roundtable_024 - The Aftermath

The roundtable is back, but we're missing a familiar face. Mechanic has officially stepped down from Ocean, so it’s just Jeff, Steve and I digging into the aftermath of BIP110, from why the soft fork ...

8 Sep 2h 6min

Was it all a "Retirement Attack"? (Coldcard Q&A P2)

In this episode I continue unpacking the Coldcard RNG disaster, wrestling with whether it was malicious or just shockingly incompetent design and attitude. I walk through how arrogance, licensing chan...

6 Sep 19min

Is Rolling Your Own Entropy The New Standard? (Coldcard Q&A P1)

In this Guy's Take, I walk through listener questions and comments on the Coldcard random number generation failure and what it really means for Bitcoin self-custody. We dig into why the RNG bug went ...

3 Sep 22min

Chat_178 - Our Burden To Carry with American HODL, Erik Cason, and Brandon Quittem

***"In the early days, the average user could probably use a Coldcard and know the amount of entropy required. The average Bitcoin user today, no clue. And so the times have changed, our message shoul...

1 Sep 2h 16min

Learning the Wrong Lessons

Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea that self-custody is dead, and "don't trust, verify" failed us. I ...

28 Aug 16min

Chat_177 - Security Is Just a Hard Problem with Lloyd Fournier

***"I think that self custody is not going to be dead. I think that there is going to have to be a group, a vanguard of people that do this and take it seriously. The revolution won't work without tha...

25 Aug 2h 3min

BIP110 vs UASF: Do the Suitcoiners Control Bitcoin?

In this episode, I unpack the claim that BIP110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between miners and validating nodes, compare BIP...

20 Aug 11min

Chat_176 - Is Every Conspiracy True? with Talip

***"Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you? No. Because, it is, at the end of the day, their custody. Wh...

18 Aug 1h 40min