Read_503 - Bitcoin is Time [DerGigi]

March 05, 2021 01:11:18
Read_503 - Bitcoin is Time [DerGigi]
Bitcoin Audible
Read_503 - Bitcoin is Time [DerGigi]

Mar 05 2021 | 01:11:18

/

Hosted By

Guy Swann

Show Notes

“This problem is precisely why all previous attempts of digital cash required a central­ized registry. You always had to trust someone to correctly identify the order of things. A central­ized party was required to keep the time. Bitcoin solves this problem by re-inventing time itself. It says no to seconds and yes to blocks.”- DerGigi

DerGigi is back at it with a chapter from his upcoming book 21 Ways, all about the nature of Bitcoin not as new invention in money, or payments, or cryptography… but rather a new invention in the realm of time. Bitcoin doesn’t merely allow an ordering of events, it actually invents its own concept, of time.

Bitcoin is Time:
https://dergigi.com/2021/01/14/bitcoin-is-time/

Don’t forget to check out DerGigi’s other phenomenal work and support him at the link below:
https://dergigi.com/support/

POW is a Decentralized Clock:
https://bitcoinaudible.com/?p=4728

21 Lessons:
Listen on Audible

Today's Bitcoin Resource:
Bo Bullshit Bitcoin

A huge thank you to our amazing sponsors:
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)
SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)

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

Other Episodes

Episode

March 31, 2021 00:46:44
Episode Cover

Read_512 - Why The Yuppie Elite Dismiss Bitcoin [Croesus]

"When I thought about what is the defining difference between the Bitcoin maximalists and my yuppie elite friends, the surface level distinctions that popped...

Listen

Episode

August 26, 2019 01:08:56
Episode Cover

CryptoQuikRead_287 - Money is a Social Network - Money, Bitcoin & Time [Part 2 - Robert Breedlove]

The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue...

Listen

Episode

October 28, 2019 00:43:26
Episode Cover

CryptoQuikRead_313 - Who Secures Bitcoin? [John Carvalho]

Is it the miners? The developers? The nodes? Who really defines Bitcoin, who establishes the rules that make it immutable, secures it against unwanted...

Listen