"As a consensus system without central authority, Bitcoin protocol upgrades can be challenging. If one segment of the network upgrades to a new version of the protocol before another segment does, different nodes might enforce different rules, introducing the risk that the network fractures between them." - Aaron Van Wirdum

Today's read is from Aaron Van Wirdum at Bitcoin Magazine, an excellent writer who has so many brilliant breakdowns of the technical and historical elements of Bitcoin. Taproot is SO close, but there is a final debate, a final hurdle to tackle before we get to see it activated on the network, and that’s over how and when to turn on the switch.

LOT=true or LOT=false? This is the Last Hurdle Before Taproot Activation:
https://bitcoinmagazine.com/technical/lottrue-or-lotfalse-this-is-the-last-hurdle-before-taproot-activation
Check out the Bitcoin Audible Page for Aaron & his collection of amazing work:
https://bitcoinaudible.com/?page_id=5204

Today’s Bitcoin Resource:
mempool.space

A huge thank you to our amazing sponsors:
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Final thanks to Bitcoin Magazine and the LTBNetwork for being such an incredible source of signal to the Bitcoin ecosystem! letstalkbitcoin.com
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Read_502 - LOT true or false? The Last Hurdle for Taproot [Aaron Van Wirdum]

The Best in Bitcoin made Audible.
Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, &amp; technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.

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"As we discussed in Entering the Bitcoin Renaissance, our last edition, Lightning Labs CEO and Co-Founder Elizabeth Stark told The Block, “a major narrative of the next cycle will be the bitcoin renaissance, and it has already begun in full swing.” Only a few months later, and that is proving to be quite prescient!"
~Ryan Gentry


Today we dive into a piece from Lightning Labs, "The Bitcoin Renaissance: How Lightning Will Connect Everything" that details out the major advances in the ecosystem of layer 2's on Bitcoin, the surge in development excitement, the multitude of projects unveiled in the past few months, the increasing connection between lightning and Ai, and the projects to keep en eye on as we head into another Bitcoin cycle. If you want a picture into the Lightning ecosystem and the many projects solving problems and creating new value, this is the read to queue up.


Check out the original article at The Bitcoin Renaissance Is in Full Swing: How Lightning Will Connect Everything Off-Chain. (Link: https://tinyurl.com/2wzjyc2b)


Guest Links

 Ryan Gentry on X (Link: https://twitter.com/RyanTheGentry)
 Ryan Gentry on Nostr (Link: https://tinyurl.com/yrch2yvy)



Host Links

  Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
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  Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
  Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
  ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



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“You have no responsibility to live up to what other people think you ought to accomplish. I have no responsibility to be like they expect me to be. It’s their mistake, not my failing.”
~  Richard P. Feynman

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Read_817 - The Bitcoin Renaissance: How Lightning Will Connect Everything

"What are we actually about? It's to an extent an open question. It's not like the Cypherpunks knew at all. It's part of our job to continue to try and figure it out. In a way we've been given this Arthurian sword or something. This very powerful thing. And so it's like, what are we going to do with it? I think that's a big part of our homework."
~ Tuur Demeester 


Tuur Demeester joins us to day as we dig into Bitcoin's past halvings and market cycles and how they compare to today. With 12 years of perspective, where are we in reference to the larger trends and what may lie ahead in the coming future? Tuur is deeply knowledgeable on the macro landscape and in seeing how the pieces of the puzzle fit together, explains the differences that allow us to know that Bitcoin's destiny will not end up like gold's, and a worthy note, he is also incredibly bullish. The world is changing, and Bitcoin is changing it. Don't miss this excellent conversation with Tuur Demeester


Links to check out:

 The Bitcoin Reformation - by Tuur Demeester (Link: https://tinyurl.com/yc6n8scc)
 CryptoQuikRead_243 - Bitcoin in Heavy Accumulation (Link: https://tinyurl.com/avna4j89)
  How Buildings Learn by Stewart Brand (Link: https://tinyurl.com/3f2u2rev)
  Strong Towns Website by Charles Marohn (Link: https://www.strongtowns.org/)
  Bullshit Jobs by David Graeber (Link: https://t.ly/dejM2)
  The Unsettling of America by Wendell Berry  (Link: https://tinyurl.com/ymzrk7z8)
  The Capital Strip Mine by Allen Farrington (Link: https://tinyurl.com/m48ueuzk)



Guest Links

  Tuur Demeester on X (Link: https://tinyurl.com/5dk93w6m) 



Host Links

  Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
  Guy on X (Link: https://twitter.com/theguyswann)
  Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
  Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
  Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
  ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!

  Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)


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Chat_098 - Replacing Gold with Tuur Demeester

"I'm a Bitcoin skeptic. I'm not buying Bitcoin in 2024, even if it goes back to its recent all-time highs, or higher. Here's why."
~ Ben Gran


Ben breaks down his view of Bitcoin and why he cannot see or understand any reason it would go higher. Why he doesn't invest in things that don't produce anything, because this is antithetical to investment. Why he doesn't see how something that has no purpose could possibly continue increasing in value. And how something that people claim will be the most valuable asset in the world, will also be the dominant money, because (obviously) these two ideas are contradictory. It's important to refresh our understanding of the typical person's perspective of Bitcoin, in order to be able to relate to, and hopefully explain where their thinking is wrong. So that is what I hope to do in today's episode, reading "Why I'm Still Not Buying Bitcoin in 2024" from the Motley Fool...


Check out the original article at Why I'm (Still) Not Buying Bitcoin in 2024. (Link: https://tinyurl.com/5xnxbe5x)


Links to check out

  Book "When Money Dies" by Adam Ferguson for a historical perspective on economic collapses. (Link: https://a.co/d/8E8AVpZ)



Guest Links

 Ben Gran on X (Link: https://twitter.com/kcryptoinvest)
  Ben Gran Website (Link: https://www.asx.capital/)



Host Links

  Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
  Guy on X (Link: https://twitter.com/theguyswann)
  Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
  Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
  Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
  ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!

  Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



“I believe that a scientist looking at nonscientific problems is just as dumb as the next guy — and when he talks about a nonscientific matter, he will sound as naive as anyone untrained in the matter.”
~ Richard Feynman 

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Read_816 - Why I'm Still Not Buying Bitcoin

"If you care about your...country, read Ludwig von Mises and the six lessons of the Austrian economic school."
~ Renato Moicano


With a surge in interest thanks the UFC fighter Renato Moicano, Mises's Six Lessons is suddenly in the popular lexicon. After knocking out his opponent he took to the mic to share his love of freedom, and the critical importance in understanding Austrian economics. Is the tide of freedom and the culture of common sense turning? And what are Mises's six lessons, and what can they teach us? All this and more in today's episode with a read from Jonathan Newman at the Mises Institute.


Check out the original article at What are Mises’s Six Lessons? (Link: https://tinyurl.com/3bkpvxub)


Link to check out

 Chat_090 - The Danger of Being Right Too Early with Devon Eriksen (Link: https://tinyurl.com/57akzped)



Guest Links

 Renato Moicano on X (Link: https://tinyurl.com/mt9wweyh)
 Renato Moicano Website (Link: https://moneymoicano.com/)



Host Links

 Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
  Guy on X (Link: https://twitter.com/theguyswann)
  Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
  Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
  Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
  ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!

  Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)



“He who is unfit to serve his fellow citizens wants to rule them.”  
~ Ludwig Von Mises

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Read_815 - What are Mises’s Six Lessons

Many people make the serious miscalculation, that if the CPI isn't too high, then printing money isn't a problem and doesn't really cost them anything. This couldn't be further from the truth. All it means is that the cost is just that much harder to see. But if you want to look at something that is truly dominated by the fiat culture and incentives of the money, there is no better example, than finance. This is where the money printing begins, and so all of the disastrous effects of monetary inflation and fiat, occur first, and to the greatest degree, in the financial sector. So take a dive, into fiat finance. Its time for a guy's take episode...


Links to check out 

 AI Unchained Podcast: Another podcast by Guy Swan. (Link: https://tinyurl.com/fjt7satz) 
 Devs Who Can't code: You don't need to be a coding wizard to build apps (Link: https://tinyurl.com/35rsnm7j)
  Bit Block Boom Talk: Guy Swan's speech on the consequences of fiat money [7:27:22 - 8:04:22] (Link: https://tinyurl.com/29pvevc7)
  Alan Farrington’s Article: "Only the Strong Survive" (Link: https://tinyurl.com/krzbu87p)
  Alan Farrington’s Article: "Green Eggs and Ham" (Link: https://tinyurl.com/yne2az8y) 



Host Links

  Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
  Guy on X (Link: https://twitter.com/theguyswann)
  Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
  Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
  Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
  ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)



Check out our awesome sponsors!

  Get 10% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)


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Read_502 - LOT true or false? The Last Hurdle for Taproot [Aaron Van Wirdum]

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