Latest Episodes
Read_791 - Rethinking Lightning
" Channel liquidity and offline receives, in my opinion, are the two most obvious reasons why self-custodial lightning is not popular. When most users...
Read_790 - The African Village Mining Bitcoin
"The computers used to create valuable new Bitcoin tokens and validate transactions consume around the same amount of energy as a medium-sized country such...
Read_789 - Can Appreciating Bitcoin Be a Good Money?
"Bitcoin appears to be a decentralized Ponzi scheme not a decentralized currency. People don't spend it because they want it to go up. The...
Ai_012 - A Big Leap Forward for Local LLMs
The models, the tools, the implementations, everything is moving incredibly fast. But a very interesting trend that I've been seeing, is that the open...
Read_788 - Stone Ridge 2023 Investor Letter
"Since 2017, bitcoin has been Stone Ridge’s treasury reserve asset because of my extreme aversion to risk. We run net short USD – which...
Read_787 - Usury, Your Bank, and You
"This decision, which is legally sound, has the effect of declaring all private mortgages on real and personal property, and all U.S. and State...