Luckily learned about Bitcoin through a friend. These are my curated notes as I explore the Bitcoin Rabbit Hole.
Oct 2, 2020 • 17 tweets • 4 min read
1/ Bitcoin Rabbit Digest for The Bitcoin Standard Podcast - Seminar 1 hosted by @saifedean
Best for: Bitcoin Beginner
spreaker.com/user/bitcoinpo…2/ The choice of the political systems like monarchy vs democracy shouldn’t matter a lot. What matters is which economic system is used, like free market capitalism.
Sep 25, 2020 • 9 tweets • 2 min read
1/ Bitcoin Rabbit Digest for Stephan Livera Podcast with @PrestonPysh (SLP181) hosted by @stephanlivera: "Bitcoin as Numeraire"
Best for: Crypto Beginner
stephanlivera.com/episode/181/ (https://t.co/TqVLx7An83)
2/ Bitcoin's incentive structure doesn’t favor the incumbent: You can compete as a new miner with new rigs today
whatbitcoindid.com/podcast/christ…2/ What is the Lighting Network? Lightning makes Bitcoin more accessible, available to more people, and covers additional use cases. It is a payment channel network. You can send money back and forth multiple times without a bitcoin on-chain transaction.
Mar 31, 2019 • 15 tweets • 3 min read
1/ Bitcoin Rabbit Digest for @KennedyFinance podcast with @saifedean and @michaelpento (KF Ep. 160).
Best for: Crypto Beginners
soundcloud.com/kennedy-financ… 2/ Is Bitcoin truly rare since you can fork it?
Yes it’s truly rare and has a chance to become an immutable money, because all other cryptocurrency‘s have a creator that ultimately could change the parameters. They behave like companies.
soundcloud.com/noded-bitcoin-…2/ A growing Bitcoin economy leads to a slowdown in US dollar nominated loans. This in turn can lead to less less money created in a fractional reserve banking system, since new money is generated out of creating loans.
Mar 16, 2019 • 7 tweets • 2 min read
1/ Bitcoin Rabbit Digest for the @TFTC21 podcast episode hosted by @MartyBent with @jack (TFTC61)
Best for: Crypto Beginner
anchor.fm/tales-from-the…2/ The Bitcoin white paper is one of the most seminal papers in computer science of the last 20 years.
stephanlivera.com/episode/532/ Bitcoin maximalism describes a world where either the platform or the currency of bitcoin wins. Either only one money remains or there is only one platform that everything else is built upon. If one money wins, this leads to hyperbitcoinization, in line with Gresham's law.
whatbitcoindid.com/podcast/trace-…2/ Bitcoin is the greatest technological innovation when it comes to sound money and therefore it’s for everybody. Bitcoin will increase our social scalability and will shape how we will collaborate economically.
stephanlivera.com/episode/522/ Jack Dorsey of Twitter and Square followed the Cypherpunks early on and knew about the Bitcoin white paper at the time it was released: He experimented with the integration of bitcoin into his @CashApp as early as 2014.
stephanlivera.com/episode/19
2/12 It’s about Bitcoin not blockchain. The current bear market moves people away from altcoins. The comparison to apps like myspce vs facebook is non-sense. Bitcoin is more like a protocol for sound money, like TCP/IP for the Internet, there is only one.
stephanlivera.com/3902/8 Creation of money always goes through the following steps: 1: collectible 2: store of value 3: (only then) medium of exchange 4: (ultimately) unit of account. BCH or other altcoins try to shortcut this by starting from medium of exchange and are therefore doomed to fail.
