Bitcoin Audible Guy Swann

"I'm a Bitcoin skeptic. I'm not buying Bitcoin in 2024, even if it goes back to its recent all-time highs, or higher. Here's why."

~ Ben Gran



Ben breaks down his view of Bitcoin and why he cannot see or understand any reason it would go higher. Why he doesn't invest in things that don't produce anything, because this is antithetical to investment. Why he doesn't see how something that has no purpose could possibly continue increasing in value. And how something that people claim will be the most valuable asset in the world, will also be the dominant money, because (obviously) these two ideas are contradictory. It's important to refresh our understanding of the typical person's perspective of Bitcoin, in order to be able to relate to, and hopefully explain where their thinking is wrong. So that is what I hope to do in today's episode, reading "Why I'm Still Not Buying Bitcoin in 2024" from the Motley Fool...



Check out the original article at Why I'm (Still) Not Buying Bitcoin in 2024. (Link: https://tinyurl.com/5xnxbe5x)



Links to check out


Book "When Money Dies" by Adam Ferguson for a historical perspective on economic collapses. (Link: https://a.co/d/8E8AVpZ)



Guest Links


Ben Gran on X (Link: https://twitter.com/kcryptoinvest)
Ben Gran Website (Link: https://www.asx.capital/)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



“I believe that a scientist looking at nonscientific problems is just as dumb as the next guy — and when he talks about a nonscientific matter, he will sound as naive as anyone untrained in the matter.”

~ Richard Feynman


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

"If you care about your...country, read Ludwig von Mises and the six lessons of the Austrian economic school."

~ Renato Moicano



With a surge in interest thanks the UFC fighter Renato Moicano, Mises's Six Lessons is suddenly in the popular lexicon. After knocking out his opponent he took to the mic to share his love of freedom, and the critical importance in understanding Austrian economics. Is the tide of freedom and the culture of common sense turning? And what are Mises's six lessons, and what can they teach us? All this and more in today's episode with a read from Jonathan Newman at the Mises Institute.



Check out the original article at What are Mises’s Six Lessons? (Link: https://tinyurl.com/3bkpvxub)



Link to check out


Chat_090 - The Danger of Being Right Too Early with Devon Eriksen (Link: https://tinyurl.com/57akzped)



Guest Links


Renato Moicano on X (Link: https://tinyurl.com/mt9wweyh)
Renato Moicano Website (Link: https://moneymoicano.com/)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



“He who is unfit to serve his fellow citizens wants to rule them.”

~ Ludwig Von Mises


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

Many people make the serious miscalculation, that if the CPI isn't too high, then printing money isn't a problem and doesn't really cost them anything. This couldn't be further from the truth. All it means is that the cost is just that much harder to see. But if you want to look at something that is truly dominated by the fiat culture and incentives of the money, there is no better example, than finance. This is where the money printing begins, and so all of the disastrous effects of monetary inflation and fiat, occur first, and to the greatest degree, in the financial sector. So take a dive, into fiat finance. Its time for a guy's take episode...



Links to check out


AI Unchained Podcast: Another podcast by Guy Swan. (Link: https://tinyurl.com/fjt7satz)
Devs Who Can't code: You don't need to be a coding wizard to build apps (Link: https://tinyurl.com/35rsnm7j)
Bit Block Boom Talk: Guy Swan's speech on the consequences of fiat money [7:27:22 - 8:04:22] (Link: https://tinyurl.com/29pvevc7)
Alan Farrington’s Article: "Only the Strong Survive" (Link: https://tinyurl.com/krzbu87p)
Alan Farrington’s Article: "Green Eggs and Ham" (Link: https://tinyurl.com/yne2az8y)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)


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

"That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t have had the motivation to do so. Without that dogma, those people would not have had customers and users to build anything for in the first place. It was the foundation of everything we have around us today.

Now the inevitable is happening: the foundation is cracking."

~ Shinobi



Guy Swan delves into an article by Shinobi from Bitcoin Magazine, exploring the complexities of ideological dogmas within the Bitcoin community. The episode questions the sustainability of foundational beliefs that have driven the cryptocurrency's ecosystem thus far. What happens when the dogmatic pillars that supported the growth of Bitcoin begin to crumble? Tune in as Guy Swan offers a deep dive into these evolving controversies, providing insights that challenge the conventional wisdom of Bitcoin's invulnerability to ideological shifts.


Check out the original article at Dogma Kills Brain Cells. (Link: https://tinyurl.com/3ma2pu56)



References from the show


Devs Who Can't Code #1 (Link: https://tinyurl.com/35rsnm7j)
Devs Who Can't Code #2 (Link: https://tinyurl.com/25juuzbt)
Read_783 - Ordinals Are Fiat, Inscriptions Aren't Rare (Link: https://tinyurl.com/yu8aurbw)
Guy's Take #66 - Pooping in the Park (Link: https://tinyurl.com/38xkkfrs)



Guest Links


Brian Trollz on X (Link: https://twitter.com/Brian_trollz)
Brian Trollz on Bitcoin Magazine (Link: https://tinyurl.com/bded6sw8)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



"Why do you want to kill me? [Joker Laughs] I don't want to kill you! God what would I do without you? Go back to ripping off mobsters? No. You. You... complete... me."

~ The Dark Knight


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

"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would have to be first valued for its direct utility before it could hold indirect exchange value. So have the criteria been met, or does Bitcoin violate the theorem?" - Emile Phaneuf



You've inevitably come across the argument that Bitcoin violates Mises's Regression Theorem if you've been in bitcoin long enough, but is this really true? And with the obvious and undeniable emergence of Bitcoin, what can this tell us about Mises's observation, and how it applies with the dynamics of the digital age?"



Check out the original article at: Mises’s Regression Theorem, Bitcoin, and Subjective Value Theory | AIER (Link: https://tinyurl.com/49udz4pp)



Guest Links


Emile Phaneuf on X⁠ (Link: https://tinyurl.com/3c87c2tt)
⁠Emile Phaneuf on AIER⁠ (Link: https://tinyurl.com/4w9b5an9)
⁠Emilie Phaneuf Website⁠ (Link: emilephaneuf.com)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”

~ Ludwig von Mises


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

"Hedgehog uses relative time locks. So that if they don't have to worry about closing that channel with a relative time lock, it's whenever you do close the channel, now you've got 2016 blocks to sweep the money using the pre-image. Otherwise I can sweep it after those 2016 blocks go by... And because it only uses relative time locks, it's much more delay tolerant... In the Lightning Network today, you've got hours to settle these things. And often if someone sends a zap to somebody and then they turn off their computer or turn off their phone and go to the supermarket or whatever, they come back and their channel's been forced closed because it's not very delay tolerant. It only gives you hours. But the Hedgehog Network can give you months."

~ Super Testnet



In this episode, I dive into the challenging yet fascinating topic of offline payments with my guest, Super Testnet. Super Testnet, a seasoned independent freelance software developer, shares his latest venture into solving some of the Lightning Network's most persistent challenges through a new protocol called Hedgehog. We discuss the technical nitty-gritty of Lightning transactions, the innovative approach of revocable scripts, and how Hedgehog might just change the game for Lightning Network payments.The conversation covers the mechanics of the Lightning Network, the complexities of conducting seamless transactions without both parties being continuously online, and the promising solutions Hedgehog proposes. Additionally, we touch upon BitVM, delving into its development, functionality, and potential impact on the broader Bitcoin ecosystem.If you are interested in understanding the technical foundations of Bitcoin's second-layer solutions and the cutting-edge developments aimed at refining digital transactions for enhanced efficiency, security, and ease of use, then this one's for you.



Guest Links


Super Testnet on X (Link: https://twitter.com/super_testnet)
Super Testnet on Nostr (Link: https://tinyurl.com/3454693p)



Host Links


Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!


Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)


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