The Cryptoconomy Podcast

CryptoQuikRead_154 - Electric Money [Bitcoin's POW #4 - LaurentMT]

An episode of The Cryptoconomy Podcast

By Guy Swann
The Technology, The Philosophy, and The Cypherpunks. Welcome to the Cryptoconomy.
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CryptoQuikRead_306 - Bitcoin Does Not Waste Energy [Parker Lewis]
"There is no more important long-term use of energy than securing the bitcoin network."  Parker Lewis Want to know why? Then you will have to listen to this amazing continuation of the "Gradually, Then Suddenly" series by Parker Lewis on the Unchained Capital blog.  With endless FUD about Bitcoin's energy consumption & a total ignorance of the most critical & herculean problem Bitcoin is attempting to solve, this article could not be more on point. Check out the blog for other great work, and follow Parker & Unchained Capital on Twitter so you don't miss their other great content! You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
October 15, 2019
CryptoQuikRead_305 - Addressing Security Concerns with the Casa Node [Jameson Lopp & Brian Lockhart]
Recently, a bit of Twitter drama has arisen from a post that started with @JWWeatherman_'s disclosure of a perceived critical bug in the Casa Node device. Today, to start off a discussion of home network security, what self-signed certificates do/don't guarantee, and the general trade-offs between security and usability, we read CasaHODL's blog post responding to JW's concerns, and then we get Guy's take on this as a Casa Node user. Decide for yourself and let me know what you think.  Below is a link to the Casa Blog post, as well as JW's thread where he lays out his concerns: To stay up on all the crazy developments in the space, don't forget to subscribe to show! Disclaimer: Casa does not sponsor this show and has not contacted me about reading this post.
October 14, 2019
CryptoQuikRead_304 - Bitcoin Astronomy [Part 2 - Dhruv Bansal]
Continuing the wonderfully fascinating piece from yesterday's episode, all about the dynamics & game theory at play in a hash war between Mars' Muskcoin, and Earth's Bitcoin; as well as the gold rush to colonize the galaxy and establish a new blockchain (or timechain), outside the pull of Earth's center of hash. Reading Part 2 of Dhruv Bansal's: Bitcoin Astronomy If you missed part one, listen to it here before diving into today's show: You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
October 10, 2019
CryptoQuikRead_303 - Bitcoin Astronomy [Part 1 - Dhruv Bansal]
Equal parts entertaining & intellectually intriguing, we start with Part 1 of Dhruv Bansal's wonderful piece, Bitcoin Astronomy!  The interplanetary center of hash, the Law of Hash Horizons, the Muskcoin Revolution, retaliation of the Bitcoin Empire, and the total economic devastation of the Hash Bomb!  How could you not want to know more? Another one from the excellent content over at the Unchained Capital Blog: You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
October 9, 2019
CryptoQuikRead_302 - Bitcoin is Not Too Volatile [Parker Lewis]
To think that a hard monetary asset, with a perfectly inelastic supply, could go from a $0 market with no infrastructure, liquidity, or demand, to a global monetary instrument with vast infrastructure, the highest market liquidity, demanded by billions, but that this could somehow occur *without* volatility in the price, is an absurd & deeply ignorant claim.  Thoroughly debunked by Parker Lewis in the continuation of his amazing "gradually, then suddenly" series at Unchained Capital. Bitcoin is Not Too Volatile: You can support this show, ensuring all the best work in Bitcoin gets the audio version it deserves, AND get access to the Cryptoconomy Crew Telegram by becoming a patron below!
October 7, 2019
Bonus - Who Deserves This? [Ross Ulbricht]
October 4, 2019
CryptoQuikRead_301 - Bitcoin Equals Freedom [Ross Ulbricht]
Following the anniversary of Ross Ulbricht's arrest, and the fall of the Silk Road experiment, we read a short but extraordinary piece, hand written in a cell by Ross, on Bitcoin's promise of freedom.  What did those first adopters, when Bitcoin had no price and no market, what did they see in those digital bits? How did Bitcoin achieve its first value, and what did it mean for our world? Don't forget to go to and sign the petition to bring attention to his injustice. And check out the amazing (and infuriating) series, Railroaded: The Targeting & Caging of Ross Ulbricht If you would like to support this show, become a patron & you will not only ensure I can keep making all of this content available, but you’ll also get to join the Cryptoconomy Crew in our Telegram group where we talk about all sorts of crazy stuff and get to share in this new world we get see grow.
October 3, 2019
CryptoQuikRead_300!! - The Crypto Anarchist Manifesto [Timothy C. May]
Quick Read #300!!! Hard to believe we have come this far withou the show. For this milestone it's time to take it back to the philosophical roots of the movement that lead to the community, the ideas, and the drive to create Bitcoin and the other tools enabling a future with a free, open, & global cryptoconomy! From the father of the crypto anarchist movement and from its very beginnings in 1988, today we read: The Crypto Anarchist Manifesto This isn't just a technology, it's a revolution.  Tim May could see that truth from the very beginning. If you want to join in the Cryptoconomy Telegram and help support turning all of the best Bitcoin literature into audio, become a patron below!
October 2, 2019
CryptoChat_023 - Small State, Big Bitcoin [The Raleigh Bitcoin Podcast]
An awesome discussion with the squad over at the Raleigh Bitcoin Podcast. Can anyone sensibly be both pro Bitcoin & pro big government? When, if ever, do we actually sell Bitcoin? And what's the price as the stock-to-flow approaches infinity? All this and so much more in a marathon chat with the Raleigh Bitcoin Meetup! Don't forget to subscribe to the meetup podcast at the link below: If you want to join in the Cryptoconomy Telegram, chat with all the gang you can hear in this episode, & help support turning all of the best Bitcoin literature into audio, become a patron below!
September 30, 2019
GuysTake_024 - But Lightning Enables...
Finishing up our Lightning week on the show, I've got a Guy's Take on all the different applications I think are viable here in the early days of Lightning, and also what decentralized projects may make sense on Lightning, but are pointless as "utility tokens." • Sat4Ads (The real BAT) • Why utility tokens are backwards economics • Fold, BitRefill, & Lolli • Making Bitcoin bills make sense • Watchtowers for decentralized backups • A new e-commerce? & tons more! Here's some more great listens to go deeper down the rabbit hole with today's discussion: • Minimum Viable Decentralization [Simon Morris] • Estimating and Minimizing Consumer Worry [Nick Szabo] • Richard Myers on a Lightning Powered Global Mesh If you want to join in the Cryptoconomy Telegram and help support turning all of the best Bitcoin literature into audio, become a patron below!
September 27, 2019
CryptoQuikRead_299 - Announcing Olympus! From Fiat to Lightning in Seconds [Jack Mallers]
Every so often a major development comes along that combines the available tools and you suddenly see a sharp image of what the future could look like. With Olympus, a new service from Jack Mallers & fam, getting a lightning balance and immediately spending it is as simple as the swipe of your debit card.  Lightning is striking, and big things are brewing on the horizon. Check out the original article to see the video of Jack demonstrating the service & drop some major applause while you're there! Check out the new site & sign up for the Beta at the links below: If you'd like to support the Cryptoconomy Project and also join in on the fun in our Telegram group, become a patron below!
September 26, 2019
CryptoQuikRead_298 - Lightning Service Providers [Roy Sheinfeld]
With another great piece from the Breez-Tech CEO we read and explore the fascinating concept of the Lightning Service Providers.  What is their role? How will the market develop?  Doesn't this mean Lightning is centralized?  All this and so much more in a great piece from Roy Sheinfeld. Don't forget to drop applause on the original article, catch our interview with the author, & check out the awesome Breez Lightning Wallet at the links below: • Introducing Lightning Service Providers (medium article) • CryptoChat with Roy Sheinfeld • Breez Lightning Service • Other Articles by Roy on the show • To explore the other amazing tech coming to Lightning And because it was that good. Don't miss the episode of Tales From the Crypt with Jack Mallers:
September 26, 2019
CryptoChat_022 - All Roads Lead to Bitcoin w/ John Vallis
John Vallis from the Bitcoin Rapid Fire Podcast and I have a lengthy chat all about our roads to Bitcoin, and how it has changed our view of the world. Don't miss a really fun show and be sure to check out the Rapid Fire section available at the link below.
September 23, 2019
CryptoQuikRead_297 - Simplifying Lightning, The "Noinput Class" [Aaron Van Wirdum]
Today we take a dive into the future of Lightning and one of the amazing developments to make it simpler and more reliable, the new sighash flags referred to as the "Noinput Class." Who better to take us through it than Aaron Van Wirdum & Bitcoin Magazine? Our recent interview with Aaron Van Wirdum, the extraordinary author of this work and 100s more: Don't forget to check out the original article for extra clarity on how it works, and of course for the many other great articles at The “Noinput Class”: How a Bitcoin Soft Fork Could Simplify Lightning Miniscript: How Blockstream Engineers Are Making Bitcoin Programming Easy(er) Other great reading for SigHash Flags and other Bitcoin scripting details: Raghov Sood's Blog post on signature types's Extensive Guide to Transactions And Lastly don't forget to check out the cool stuff at the Bitcoin Magazine Store: Thank you so much to our recent patrons! Kirk, Jake, & Crypto Dread!! If you would like to join them and the rest of the awesome crew in the Cryptoconomy telegram, become a patron and support my turning every great piece of Bitcoin & Cryptoconomy literature into the audio version it deserves.
September 20, 2019
CryptoQuikRead_296 - The Long Now [Ben Hunt - Epsilon Theory]
The only thing as scarce as Bitcoin, is Time.  Do you value it accordingly?   For today's read we are diving into our first piece from the awesome collection over at Epsilon Theory by Ben Hunt. The Long Now Pt. 1 - Tick Tock Don't forget to check out the other incredible content over at Other great content mentioned in this Episode: The Bitcoin Survivor's Book List Rational Optimist (affiliate link) Your Life in Weeks ( Click the link below if you want to help support my work in turning all the best written works in the Cryptoconomy into audio!
September 18, 2019
CryptoQuikRead_295 - A New Form of Life - Money, Bitcoin & Time [Part 5 - Robert Breedlove]
Concluding the “Bitcoin” section of Money, Bitcoin & Time. So many fascinating aspects of Bitcoin covered by author Robert Breedlove in this section including: • A new form of life • The many-sided network effects of Bitcoin • Positive feedback loops • The Minority Rule • The TrustNet & more! “It removes the central banks, macroeconomists, politicians, presidents, dictators and military leaders from monetary policy and payments authorization once and for all.” If you haven't listened to the previous parts of this incredible piece, visit the links below: Part 1 - Part 2 - Part 3 - Part 4 -
September 18, 2019
CryptoQuikRead_294 - The Simple Truth About Bitcoin - Money, Bitcoin & Time [Part 4 - Robert Breedlove]
Jumping back into Robert Breedlove's great piece with a thorough exploration of Bitcoin as a money, a technology, a network, and a measure of time.   • The Cost and Reward of Proof-of-Work • A Vault Built of Energy • The infinite Hardness of Bitcoin • The Internet of Value • The Bitcoin Social Contract & more! Don't miss the continuation of this excellent piece available on the blog or in PDF at - If You haven't yet, don't forget to check out the first 3 parts of this incredible piece on the episodes linked below: Part 1 - Part 2 - Part 3 - Other Great works mentioned on the show for further diving into related topics and exploring Bitcoin: 21 Lessons of the Bitcoin Rabbit Hole [DerGigi] Part 1 - Part 2 - Part 3 - More on the Fascinating Nature of Proof-of-Work: Proof of Work is Efficient Bitcoin & the 7th Great Disruption of the Digital Age Anatomy of Proof of Work Bitcoin, Chance, and Randomness
September 17, 2019
GuysTake_23 - Revolution in the Protocol [on Nic Carter's "Peaceful Revolution"]
Today we have a follow up to Nic Carter's excellent piece on Medium, A Most Peaceful Revolution. An incredible article that deserves an exhaustive discussion and easily earns a few ridiculous rants.  What could be better for Guy's Take 23?  Other episodes and works mentioned in the show for a deeper dive: A Most Peaceful Revolution Anatomy of the State A Cypherpunk's Manifesto The Crypto Anarchist Manifesto The Bitcoin Survivor's Book List Bitcoin and the Promise of Independent Property Rights Bitcoin Can't Be Copied
September 13, 2019
CryptoQuikRead_293 - A Most Peaceful Revolution [Nic Carter]
Today we read a veritable Bitcoin Manifesto on a fundamental truth of Bitcoin's nature, the challenge it proposes to the state, the atrocities it seeks to dismantle, the hubris of alternatives, its promethean origins, the values it codifies, the role its already playing, and its patient unstoppable advancement. Do not miss the audio, followed by tomorrow's commentary (there's simply too much to say in one show), of Nic Carter's,     A Most Peaceful Revolution Drop some highly due applause over at his Medium page and check out the other amazing work he has been putting out: Previous episodes of Nic's amazing work: • Media Coverage of Bitcoin is Still a Total Disaster ( • How to Scale Bitcoin Without Changing a thing [Part 1 & 2] • Unpacking Bitcoin's Assurances • Bitcoin's Existential Crisis • How to Critique Bitcoin: A Guide • Visions of Bitcoin Become a Patron to support my work and join the Cryptoconomy Telegram Crew!  Every donation helps in turning all of the best writings in Bitcoin and the Cryptoconomy into the audio version they deserve!
September 12, 2019
GuysTake_022 - But Bitcoin Isn't User Friendly...
• Keys are being abstracted away. • Users will call customer support to restore their coins, but never give up control. • Ownership of a single UTXO will become rare. • On-chain transactions will be used to build networks, more than transfer coins. • Lightning, sidechains, statechains & more will work invisibly behind the curtain. Things are changing fast, and we go through all sorts of great stuff in this show and I attempt to explain some of the technical elements with analogies using cookies. Gonna be a fun one, so don't miss it! Thank you to our newest patron, Maximilian Schmitz!! Join Max in supporting the show & help make every great work about Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, get access to the exclusive Cryptoconomy Crew Telegram!✊
September 9, 2019
CryptoQuikRead_292 - Rise of the Sovereign Individual [dergigi]
If you were looking for a succinct summation of the philosophy and to understand why we are so avid about using Bitcoin, encrypting our communication, and why we think these things are critical for a better future, this is the episode you're looking for.😘 Beginning with a read of @Dergigi's great piece on the Bull Bitcoin Medium page, "Rise of the Sovereign Individual." Followed by a discussion about what liberty is, why we should be defending it, and what tools we have to truly "install" it on our future. Check out the original article to drop some applause & check out the new Cyphernode project! Other works by Der Gigi can be found below: 21 Lessons of the Bitcoin Rabbit Hole Part 1 - Part 2 - Part 3 - Proof of Life Support the show and help make every great work on Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, become a patron and get access to the exclusive Cryptoconomy Crew Telegram!✊
September 6, 2019
CryptoQuikRead_291 - Bitcoin Can't Be Copied [Parker Lewis]
Today we start into the second piece of the "Gradually, Then Suddenly" series by Parker Lewis. Why altcoiners can claim their coin is for something other than money, but it must compete with Bitcoin as money regardless.  Why money will only tend to one. Why copies of Bitcoin are just modern day alchemy. And why toxic maximalism is Bitcoin's greatest strength.  Don't miss a great piece and fun discussion to follow! Bitcoin Can't Be Copied!🚫 Check out the original article plus the other great stuff on the blog over at the Unchained Capital blog: Support the show and help make every great piece shedding light on the incredible impact, the concepts, & the technology of Bitcoin and the Cryptoconomy into the audio version it deserves! Plus, become a patron and get access to the exclusive Cryptoconomy Crew Telegram group!✊
September 6, 2019
GuysTake_021 - Bitcoin & the 7th Great Disruption of the Digital Age
Bitcoin isn't just a token you can send and receive online, it isn't just a digital money, its a complete inversion of the idea of money in the same way that the internet changed the nature of information.  To understand exactly why, we need to look at the previous major societal disruptions brought about by the Digital age, and we can begin to see where Bitcoin will fit into the big picture. 1) Mail & Connecting 2) Publishing & The Web 3) The Infrastructure Inversion 4) Ecommerce 5) The New Media 6) Collaboration & Crowd Sourcing 7) New Money & Permissionless Finance Don't miss a fun exploration through the history of the internet and the role that Bitcoin will play in establishing ground for a second chapter in the Digital Age! Further Reading/Listening mentioned in the episode: Szabo's essential work, Shelling Out: The Origins of Money (no commentary) (with commentary) Part 1 Part 2 Part 3 Part 4 The Incredible Iterative Capital Thesis: What's Really Driving the Cryptocurrency Phenomenon And numerous excellent books that I've pulled together on the Bitcoin Survivor's Book List:
September 4, 2019
CryptoChat_021 - Wealth Power & Influence, Bitcoin talk with Jason & Matt
The Bitcoin community needs more Jason Stapleton, so I'm doing my part.  Super excited to have had the opportunity to join Jason Stapleton and Matt Erickson on a favorite show of mine, Wealth, Power & Influence!  Don't miss this great episode plus tomorrow's follow-up where I go further down the rabbit hole on many topics we touched on in this interview.   Don't forget to follow Jason Stapleton (and Matt Erickson) for more of the endlessly entertaining, Wealth Power & Influence podcast. If you want to support the work I'm doing to bring all the most incredible Bitcoin content and their fascinating ideas straight to your ears, then become a patron! Plus get access to the exclusive Cryptoconomy Telegram Group!
September 2, 2019
CryptoQuikRead_290 - Gradually, Then Suddenly [Parker Lewis]
"What is money? That is the beginning of the real rabbit hole.” Like the process of going bankrupt, how fiat money inflates, and what it feels like to learn Bitcoin... it happens gradually, then suddenly. We take a break today before getting back into Money, bitcoin & Time, by beginning the awesome series at by Parker Lewis that is hitting major topics around Bitcoin and its supposed "failures" one at a time.  A really fun and well written series that's going to inspire great discussion for the show! Today we start with his introductory piece, Gradually, Then Suddenly. Don't forget to follow both Unchained Capital and Parker Lewis so you don't miss the tons of other great stuff they are working on and some really great reading on Bitcoin and the financial markets. Become a patron and help support my work at turning every brilliant piece of literature around Bitcoin and the Cryptoconomy into the audiobook version it deserves!! Love you guys!
August 30, 2019
CryptoQuikRead_289 - Bitcoin & Me [Hal Finney]
Harold Thomas Finney (May 4, 1956 – August 28, 2014) In one of his last posts on the BitcoinTalk forums, Hal Finney posted a short message about his past, finding Bitcoin, working with Satoshi, coming to terms with his disease, and the legacy he was leaving behind. On this day in 2014 we lost a true cypherpunk. Hal's, Bitcoin and Me
August 28, 2019
CryptoQuikRead_288 - The Economic Nervous System - Money, Bitcoin, & Time [Part 3 - Robert Breedlove]
Today we continue our journey through Robert Breedlove's thorough work by completing section 1 on the incredible history & profound nature of money. • How prices are the economic nervous system • Histories of failed monies • When gold lost its soundness • The Gilded Age • The Century of War • Skin in the game • Free Markets vs Socialism You'll find this amazing work plus much more at Further reading, listening, & exploration mentioned in today's show: Use of Knowledge in Society The Island of Stone Money All Wars are Bankers Wars Nassim Taleb's "Skin in the Game" If you want to support the tons of work in making audio versions and expanding on all the best written works around Bitcoin and the Cryptoconomy, become a patron below!
August 28, 2019
CryptoQuikRead_287 - Money is a Social Network - Money, Bitcoin & Time [Part 2 - Robert Breedlove]
The network effects that tie society together through its community, language, and money are both incredibly powerful, and very difficult to measure. We continue with Robert Breedlove's broad piece covering all of the core ideas that make Bitcoin the powerful innovation it is, and detailing exactly what it is changing, with a deep historical context.   • Money is a social network • "Hardness" is #1 • The 7 characteristics of a monetary good •  The nature of prosperity • How economies grow So many fascinating concepts and related stories to share on this one.  In the next section we will start back with "The Economic Nervous System" and how the natural emergence of prices creates the incentives to organize and direct our actions. So much more to come, don't forget to subscribe! Don't forget that you can find this incredible work and much more at
August 26, 2019
CryptoQuikRead_286 - Money, Bitcoin & Time [Part 1 - Robert Breedlove]
Today we start into an amazing and broad work that tackles the entire argument for Bitcoin, from the origins and nature of money, to the cost and value of time, by Robert Breedlove titled, "Money, Bitcoin and Time.&q