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

February 24, 2022 00:49:02
Episode Cover

Read_606 - Lightning is a Liquidity Network [Roy Sheinfeld]

"Only liquid, flowing capital generates a return. Unlike a bank account, capital on Lightning is productive when it is mobile, not at rest. That’s...

Listen

Episode

March 30, 2021 00:53:37
Episode Cover

Read_511 - Debunking the Empty Block Attack [Jimmy Song]

"The empty block attack is one where a majority of mining power would be directed at mining only empty blocks and rejecting non-empty blocks....

Listen

Episode

August 24, 2018 00:24:21
Episode Cover

CryptoQuikRead_138 - Traditional Bitcoin Mixers

"Thinking about it, isn’t it ironic that, over the past years I wrote about every Bitcoin privacy technique in existence, except the one that...

Listen