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

January 08, 2020 01:51:20
Episode Cover

CryptoQuikRead_337 - The Tyranny of Time Scarcity - Bitcoin Times Ed 2 - [Robert Breedlove]

“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity...

Listen

Episode

December 04, 2025 02:36:41
Episode Cover

Roundtable_015 - Conspiracies, Culture rot, Replay Attacks and the Future of Bitcoin

What if the future of Bitcoin is decided in the mempool? I sit down with Simple Steve, Bitcoin Mechanic and Jeff Swann for a...

Listen

Episode

December 12, 2019 00:35:00
Episode Cover

CryptoQuikRead_328 - Under a HEX [Goldman Sats]

The scams in the Bitcoin & crypto space are, unfortunately, not low in number. Sometimes the only safe option is to ignore them, but...

Listen