Read_704 - The Three Generations Theory [Aleks Svetski]

March 01, 2023 01:03:09
Read_704 - The Three Generations Theory [Aleks Svetski]
Bitcoin Audible
Read_704 - The Three Generations Theory [Aleks Svetski]

Mar 01 2023 | 01:03:09

/

Hosted By

Guy Swann

Show Notes

"People are very quick to project technology adoption curves onto Bitcoin. But the problem is that Bitcoin is not just a technology. It’s not just a smartphone, or a computer, or a social network, or a new stock or security, or a new payment method, or a search engine, or a messaging platform, or any other new product, app or service. Bitcoin is an entire techno-socio-economic transformation. It’s a reinvention of money from the ground up, incompatible with any prior primitives. So, it’s not only orders of magnitude larger as a shift, but it’s also completely different in a paradigmatic sense. These are massive benefits and massive hurdles." - Aleks Svetski "Whether Bitcoiners like it or not, large-scale Bitcoin adoption is not coming this decade or next. It’s simply going to take a number of generations to filter into society." There is little needed to say about this piece other than this is something I think you ought to listen to. Check out the original and the many amazing things built and written by Aleks Svetski at the link below: https://bitcoinmagazine.com/culture/bitcoin-reaches-mass-adoption-in-60-years Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) ------------------------------- “Ideas are very important to the shaping of society. In fact, they are more powerful than bombings or armies or guns. And this is because ideas are capable of spreading without limit. They are behind all the choices we make. They can transform the world in a way that governments and armies cannot. Fighting for liberty with ideas makes more sense to me than fighting with guns or politics or political power. With ideas, we can make real change that lasts.” ― Ron Paul 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

June 10, 2019 00:48:57
Episode Cover

CryptoQuikRead_259 - Lightning at the End of the Tunnel [Roy Sheinfeld]

This is an episode not to be missed. With a beta project focused entirely on the user experience, the @Breez_tech wallet is making a...

Listen

Episode

July 20, 2018 00:26:25
Episode Cover

CryptoQuikRead_115 - Announcing Bitcoin OpTech

“We’re as excited about Lightning, Schnorr signatures, Taproot/Graftroot and scriptless scripts as any other Bitcoin engineers, but the project’s focus is on technology that...

Listen

Episode

July 29, 2021 00:52:05
Episode Cover

Read_547 - Scaling Lightning: To El Zonte... and Beyond! [Roy Sheinfeld]

"Many tellings of El Salvador’s story have largely overlooked and understated the role of the Lightning Network. But make no mistake: any country could...

Listen