"This is also an interesting case study in how Bitcoin resists duplication. You can create something which looks cosmetically similar to Bitcoin, but you cannot replicate the settlement assurances which derive from the costliness of the ledger."
— Nic Carter

A correction needs to be made. Thanks to a great thread by Anilsaidso, with a list of fundamental pieces in Bitcoin in order to grasp a deeper understanding, Bitcoin Audible had audio of all of them in the feed, except one. While I'm certain I have the audio somewhere, its time to get it back in the feed with a brilliant piece explaining one of the most misunderstood elements of Bitcoin, the value it provides, and why nothing else competes. There is no second best, and this will help to understand why. It's the Settlement Assurances, Stupid, by Nic Carter.

Check out the original article at It’s the settlement assurances, stupid by Nic Carter (Link: https://tinyurl.com/c38sm5ah)

Anilsaidso's Excellent list of Bitcoin Fundamentals

• Anil Tweet (Link: https://tinyurl.com/3b8kk892)
• CryptoQuikRead_281 - Unpacking Bitcoin's Assurances by Nic Carter (Link: https://tinyurl.com/mryxcc6x)
• "Beyond the Doomsday Economics of Proof of Work in Cryptocurrencies" by Rafael Ayur (Link: https://www.bis.org/publ/work765.pdf)
• CryptoQuikRead_151 - Gravity [Bitcoin's POW #1 - LaurentMT] (Link: https://tinyurl.com/msejdwbw)
• CryptoQuikRead_152 - Yin and Yang of Bitcoin [Bitcoin's POW #2 - LaurentMT] (Link: https://tinyurl.com/yc4d9y3u)
• CryptoQuikRead_153 - Cliffhangers [Bitcoin's POW #3 - LaurentMT] (Link: https://tinyurl.com/2smz83mv)
• CryptoQuikRead_154 - Electric Money [Bitcoin's POW #4 - LaurentMT] (Link: https://tinyurl.com/3ubr7xfe)
• CryptoQuikRead_158 - Anatomy of Proof of Work [Part 1 - Hugo Nguyen] (Link: https://tinyurl.com/4p3nvfmj)
• CryptoQuikRead_159 - Bitcoin, Chance, and Randomness [Part 2 - Hugo Nguyen] (Link: https://tinyurl.com/trxd5sks)
• Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous] (Link: https://tinyurl.com/5n88rszd)
• CryptoQuikRead_327 - Bitcoin is Worse is Better [gwern] (Link: https://tinyurl.com/2zvncpye)
• HowManyConfs.com (Link: https://howmanyconfs.com/)
• Crypto51.app (Link:https://www.crypto51.app/)
  
  

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)

"Panic is rising. Bitcoin, the way out of their giant Ponzi scheme, does not want to die, but the survival of the fiat system depends on the lack of an alternative. The entire system is therefore in danger."
— Alexandre Stachtchenko

The ECB is at is again with a new, 20 page "research" paper on the economic dangers of a possible future in which Bitcoin survives. Yes it's just another pile of drivel from the same authors who have decried Bitcoin as a useless, empty bubble destined for a quick and embarrassing death. Yet the embarrassment seems to turn the other way when the bubble still doesn't pop, and Bitcoin still doesn't die.

Despite the obvious intellectual dishonesty permeated throughout the paper, is there a more fundamental capitulation in their framing? Have they actually conceded something critical despite their careful attempt to show no signs of any possible benefit to Bitcoin whatever? Is there a sense of panic in their words?

Check out the original article at The Great Capitulation by Alexandre Stachtchenko (Link: https://tinyurl.com/3sczkspe)

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)
• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
  
  

Check out our awesome sponsors!

• Get ⁠5% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)

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• River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river)
• Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

Bitcoin Games!

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Bitcoin Custodial Multisig

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"Never half-ass two things. Whole-ass one thing."
— Ron Swanson

Focus. Easily spoken, hard to live by. There are many lessons that Bitcoin teaches, and one that is more clearly true the older I get, is that every single thing in a trade off. And not just solutions, or tools, or networks, but the very thing that you spend your time thinking about, at the expense of all other things. What dreams you spend your time building, at the expense of all other dreams. What new ideas you begin, at the expense of what you've already started, and not yet finished.

Its time for an overdue change, and today I wanted to share my thoughts, how we got here, and what to expect in the future.

Check out the links below:

• Bitcoin: The Inverse of Clown World by Knut Svanholm (Link: https://tinyurl.com/ymnn3bbh)
• The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg (Link: https://tinyurl.com/bdcdduxn)

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)
• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
  
  

Check out our awesome sponsors!

• Get ⁠5% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)

Trying to BUY BITCOIN?

• FoldApp sats back debit card and bitcoin buying app (Link: https://use.foldapp.com/r/guyswann)
• River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river)
• Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

Bitcoin Games!

• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Bitcoin Custodial Multisig

• Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and...