Read_562 - Only the Strong Survive - Part 1 [Allen Farrington & Big Al]

September 23, 2021 01:32:05
Read_562 - Only the Strong Survive - Part 1 [Allen Farrington & Big Al]
Bitcoin Audible
Read_562 - Only the Strong Survive - Part 1 [Allen Farrington & Big Al]

Sep 23 2021 | 01:32:05

/

Hosted By

Guy Swann

Show Notes

"The consensus is what matters. The breakthrough of proof-of-work and the difficulty adjustment is far more about harnessing energy and existing communications infrastructure to calibrate incentives than it has to do with computation. Computation is a tool that makes the process more efficient and reliable, but Bitcoin is not itself a 'computer.'" We start our dive into the incredible piece from Allen Farrington & Big Al, on the complete philosophical, technical, & social case for the uncertain long term value in "Crypto" beyond Bitcoin. Starting with section 1 on the true innovation of Bitcoin, and section 2 on why "Crypto" is not actually decentralized. 2 More Parts coming later this week so don't forget to subscribe! Follow Allen and Big Al for some top notch twitter experience and tons of other great work. Find more of their writing by exploring the audio library at BitcoinAudible.com Check out our amazing sponsors below that keep this show alive, and all the things made audible for your listening pleasure! • Get sats back on everything with the Fold Card! Check them out at guyswann.com/fold for 20% off the Spin+ Card! • And keep those sats SAFE with the BitBox02 hardware wallet. 5% off with discount code "GUY" at guyswann.com/bitbox Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

July 24, 2018 00:19:05
Episode Cover

CryptoQuikRead_116 - Coindesk & Jake Chervinsky on the Bitcoin ETFs

Today we have a dual QuikRead with Nikhilesh De's Coindesk article regarding the Direxion ETF and the SEC's decision to postpone until September. Plus...

Listen

Episode

October 21, 2020 01:48:18
Episode Cover

Chat #50 - Dawn of the Age of Bitcoin with Erik Cason

Bitcoin and the cryptographic systems that empower it, are not merely another new tech to make use of. They are a fundamental shift in...

Listen

Episode

April 26, 2018 00:15:27
Episode Cover

CryptoQuikRead_057 - The 17 Millionth Bitcoin is about to be Mined

What does it mean that we are crossing the 17 millionth Bitcoin in existence?  In a world where sound money has gone extinct, Bitcoin...

Listen