"Ultimately, my goal with Coinos is to make Bitcoin a super simple user interface for "normies" to be able to come on and not have to understand how things are working under the hood... Just get on the website, make your account and you're good to go."

- Adam

Today we bring on the team from Coinos on the developing merchant market, how to build tools and services in an uncertain regulatory environment, and how to onboard your local market into the Bitcoin ecosystem easily and for their benefit. They've built a tool to simplify interfacing with Bitcoin and Lightning, and soon Liquid as well, to make the next era of adoption, the one that finally expands to a global, brick and mortar marketplace. The era of Bitcoin commerce is coming, it's time to prepare accordingly.

Check out our guests and follow the project on Twitter and Nostr below:

Coinos on Nostr

Adam on Nostr

Coinos Website

A huge thanks to our amazing sponsors:

Is Bitcoin destined to become another fiat system? Where we end up in a world where the dominant instrument isn't Bitcoin at all, but just more IOUs? Where Bitcoin substitutes replace real Bitcoin? Does it not just become another fiat system, or are there fundamental incentives and technological trends that prevent this and push us ever closer to total sovereignty? With smaller and smaller communities and institutions able to organize and exit in an independent way... where a Bitcoin world means a free world?

It's time for a follow-up to Eric Yake's and Axiom BTC's amazing piece, "Banks without bankers."

Get ready for another "Guys Take" episode.

-The 7th Property

-Broken Money

-The Fiat Standard

-Freedom & Exit

A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

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"Finish each day and be done with it. You have done what you could. Some blunders and absurdities no doubt crept in; forget them as soon as you can. Tomorrow is a new day. You shall begin it serenely and with too high a spirit to be encumbered with your old nonsense.” ― Ralph Waldo Emerson

"Unique to the emergent Bitcoin financial system is the application of cryptography to fundamental financial functions. Novel technologies exist, are being built, and have been theorized that will enable previously unseen functionalities, robustness, and, ultimately, competition amongst Bitcoin financial intermediaries. Key to these novelties is the characteristic of peer-to-peer (“P2P”) exchange; that Bitcoin financial intermediaries will surely exist as commercial options, but that newly possible direct manipulation and exchange will exist as well."

-Eric Yakes

The future of Bitcoin remains uncertain in terms of scalability, privacy, storage, and payment applications. The application of cryptography to financial functions introduces novel technologies and potential competition among intermediaries. Can Bitcoin achieve true decentralization? Or will trusted third parties jeopardize the entire system? How will the balance between custodial and self-custodial options shape the future of Bitcoin? In Eric Yakes’ analysis, he explores the implications of the new financial paradigm we find ourselves in as Bitcoin continues to assert its dominance as an asset enabling true financial sovereignty.

Check out the original article at: ⁠Banks Without Bankers

A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

LIGHTNING IS DEAD! Did you hear about the new exploit discovered that may be the "nail in the coffin" of the broken and defeated Lightning network? I bet you did, but did anyone you heard it from actually know how it worked?... Probably not. That's what we dive into today, trying to make sense of the new Lightning exploit, how it works, the risk, and whether or not the sky is falling. Find out in today's Guy's Take episode.

A shout out to Shinobi, Matt Corallo, John Carvalho, and numerous people on the mailing lists and other platforms who helped to throughly explain this bug so that I could make some sense out of it.

Major thanks to our amazing sponsors who keep this show alive:

Don't forget to check out Prodcast.io and keep an ear out for Lyn Alden's incredible book coming soon to Audible!

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"It is better to be hated for what you are, than to be loved for what you are not." — Andre Gide

"We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they wouldn’t raise rates after a massive monetary expansion, and then went on to raise them faster than at any time in U.S. financial history." — Mark Goodwin

Today we have a very entertaining development thanks to the fools at the Federal Reserve Bank of Chicago. Bitcoin Magazine is being threatened with a lawsuit over t-shirts they are selling that mock the FEDNOW program that the Fed states "has built up substantial goodwill" and that these shirts and merchandise will cause "confusion, mistakes, and deception." No, this is not a parody, it appears to be real. So we pause our regularly scheduled programming today to explore this beautiful little moment in Clown World.

Check out the original article at: Bitcoin Magazine

A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

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"He knows nothing; and he thinks he knows everything. That points clearly to a political career." — George Bernard Shaw

It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain... what if that was not only true, but that there were no limits? What if literally anything you could write into code, any program, app, game, theoretically even an entire operating system could be constructed such that its valid execution determined the ownership of Bitcoin? What if there were no limits, and you could build everything on Bitcoin? Today we dive into BitVM with Robin Linus and Super Testnet. A virtual machine built entirely in Bitcoin script, with no soft fork needed. This could change everything.

Links for further exploring:

- ⁠BitVM whitepaper⁠

- ⁠github.com/bitvm⁠

- ⁠GitHub - supertestnet/tapleaf-circuits: A proof-of-concept implementation of BitVM for bristol circuits⁠

- ⁠Telegram: Contact @bitvm\_chat⁠

- ⁠яobin linus (@robin\_linus) / X⁠

- ⁠Robin Linus⁠

Check out our awesome sponsors!

It's often said that Bitcoin is too limited, that you can't build anything interesting on top of the Bitcoin chain... what if that was not only true, but that there were no limits? What if literally anything you could write into code, any program, app, game, theoretically even an entire operating system could be constructed such that its valid execution determined the ownership of Bitcoin? What if there were no limits, and you could build everything on Bitcoin?

- BitVM whitepaper

- github.com/bitvm

- GitHub - supertestnet/tapleaf-circuits: A proof-of-concept implementation of BitVM for bristol circuits

- Telegram: Contact @bitvm\_chat

- яobin linus 😺 (@robin\_linus) / X

- Robin Linus

Check out our awesome sponsors!

"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Federal Reserve to give into anyone or anything, let alone Bitcoin. Be honest, Bitcoin is surely not big enough to be a threat to the U.S. dollar. The United States is far more concerned with U.S. dollar dominance being threatened by, say, the Chinese yuan. Bitcoin on its own has not destabilized anything." — George Kaloudis

Will the Federal Reserve be "reigned in" thanks to Bitcoin? Will the continued success of Bitcoin's growth and network effect mean that the Federal Reserve capitulates? That they admit the failures of their approach and start appeasing the sound money tropes and calls for austerity? George Kaloudis makes an entertaining case in today's read, that the answer is in fact, "No."

Check out the original article at:

https://bitcoinmagazine.com/markets/bitcoin-wont-fix-the-federal-reserve

If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast:

Bitcoin Audible – Prodcast

Check out our amazing sponsors who make this show possible:

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“You only live once, but if you do it right, once is enough.” ― Mae West

"Timeout Trees is a very concrete and specific proposal for a channel factory design that actually attempts to address the real issues of use and implementation instead of a half-defined and vague concept. That is massive progress in terms of addressing Lightning's long-term scaling limitations." — Shinobi

Today we dive into a cool proposal that takes advantage of covenants to build the first, practical implementation of a "lightning factory," or in other words, a way to create hundreds, even thousands of lightning channels taht exist entirely off chain and require only the most minimal footprint in the cases where things go wrong. Another great piece by Shinobi breaking down the technical developments that matter.

Check out the original article at: Bitcoin Magazine

If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast: Bitcoin Audible – Prodcast

Check out our amazing sponsors who make this show possible:

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“To believe in something, and not to live it, is dishonest.” ― Mahatma Gandhi

We are diving back into the Bitcoin basics series today! Now that we understand how bitcoin works, what is important, how to stay safe, and how to use it, it's time to answer the most basic question for getting started... How do I get some Bitcoin!? Let's dive in with Bitcoin Basics episode 008.

Wallets: getalby.com | Phoenix Wallet

Nostr: primal.net

Buy Bitcoin:

Sign Up to Buy & Sell Bitcoin | River

SwanBitcoin

Strike

FoldApp

CashApp

Other episodes:

Basics_06

A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

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"The most beautiful thing we can experience is the mysterious. It is the source of all true art and all science. He to whom this emotion is a stranger, who can no longer pause to wonder and stand rapt in awe, is as good as dead: his eyes are closed." — Albert Einstein