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 31, 2025 02:21:46
Episode Cover

Guy's Roundtable_011 - Treasuries, Politics, Quantum & Why This Cycle is Different

Why does this Bitcoin cycle feel… different? In this Roundtable, I sat down with Simple Steve, Bitcoin Mechanic, and my brother Jeff Swann for...

Listen

Episode

April 15, 2019 00:35:44
Episode Cover

CryptoQuikRead_234 - How is Fiat Money Possible [Part 1 - Hans Hermann Hoppe]

"Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title...

Listen

Episode

October 04, 2018 00:18:01
Episode Cover

CryptoQuikRead_162 - The Untold History of Bitcoin, Enter The Cypherpunks [Petri Basson]

“Although there was never complete agreement on any one thing, this was an open forum where personal privacy and personal liberty were ultimately placed...

Listen