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Bitcoin Audible

Guy Swann

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, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.

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  • 24 episodes
  • Avg 1 hr 3 min
  • English

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Episodes 24

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  • Friday · 16 min

    Learning the Wrong Lessons

    Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea that self-custody is dead, and "don't trust, verify" failed us. I walk through the brutal history of centralized custodial failures, explain why "holding your own keys is still orders of magnitude safer, and extract three real lessons from this recent disaster. This is about keeping perspective, learning the right lessons from pain, and making Bitcoin self-custody stronger, not weaker. Chapters (00:00:00) - Intro (00:00:41) - Is self custody pointless (00:03:07) - Only tradeoffs exist (00:05:16) - History of exchange hacks (00:08:27) - Custodial total losses (00:08:27) - Not your keys (00:09:35) - Coldcard loss in context (00:10:55) - Bitcoin as antifragile (00:11:46) - Open vs source available (00:12:39) - Audits and entropy Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Forbes: https://urlfy.org/RDRfIkQ Bitcoin Magazine: https://urlfy.org/mcBm04r Crypto Briefing: https://urlfy.org/wmWw1di X: https://urlfy.org/9iTPaOL Okumaru Goro: https://urlfy.org/KJW9ATL Crypto Briefing: https://urlfy.org/13bbT8t Coldcard Hack Tracker: https://urlfy.org/9CIZMk8 Coinkite Blog: https://urlfy.org/4OAm8cd Bitcoin Stack Exchange: https://urlfy.org/Yn4V8o8 Technology Innovators: https://urlfy.org/YU4yHhe NVK.wtf: https://urlfy.org/e6FRNTR DanB Blog: https://urlfy.org/WqQKqCm BitBox Blog: https://urlfy.org/mlJe2ct Bitcoin Well: https://urlfy.org/jyosFLM Lopp Blog: https://urlfy.org/UQGBXZP Crypto University: https://urlfy.org/DoHZ1ca OneKey: https://urlfy.org/nBMCpX0 Spark Money: https://urlfy.org/c1WCJBu Spiral Substack: https://urlfy.org/Pdm0e5a GitHub: https://urlfy.org/P3mkfhF BBC: https://urlfy.org/OVg8W2B Reuters: https://urlfy.org/oir88KO The Independent: https://urlfy.org/Smd5e7W CoinDesk: https://urlfy.org/1EGotje YouTube: https://urlfy.org/0yjQMzO

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  • Tuesday · 2 hr 3 min

    Chat_177 - Security Is Just a Hard Problem with Lloyd Fournier

    ***"I think that self custody is not going to be dead. I think that there is going to have to be a group, a vanguard of people that do this and take it seriously. The revolution won't work without that. Everything under the spectrum is acceptable. But if you know what you're here for, you got to put pressure against those systems. And that is by taking the self-custody yourself. That's why we make tools for those people." ~ Lloyd Fournier*** Self-custody is not dead, but it is a ridiculously hard problem to solve. And recent events have proven that hardware wallets are not the infallible fortresses we sometimes pretend they are. I sat down with Lloyd Fournier, the cryptographer and architect at Frostsnap, to talk about what it actually takes to secure your Bitcoin when you can't even trust your own devices. We get straight to the weeds on how Frostsnap is rethinking multisig by using Shamir secret sharing to sign transactions without ever reconstructing the private key in one place. But we also tackle the elephant in the room: the recent Coldcard entropy vulnerability. Lloyd also explains exactly how the Dark Skippy attack works, why bad random number generation is fatal, and why hardware wallet manufacturers are ultimately trusted third parties. We also shift gears to talk about alternative cryptography, and the magic of BLS signatures and why they completely remove the need for randomness during signing. And of course, we had to address the quantum computing threat. Is the danger real, or is it mostly academic noise? We debate the best way for Bitcoin to safely migrate if quantum computers ever actually materialize, including a really clever idea for a quantum canary bounty. This is a must-listen if you approach self-custody with an adversarial mindset. Chapters (00:00:00) - Introduction (00:06:59) - Lloyd Fournier's background and building Frostsnap (00:19:07) - Why software is a multisig single point of failure (00:28:22) - Dark Skippy and hardware wallets attacks (00:33:33) - Breaking down the Coldcard entropy vulnerability (00:43:05) - Why self-custody is mandatory for Bitcoin (00:55:14) - BLS signatures and removing randomness from signing (01:09:40) - The quantum computing threat (01:18:22) - Soft forks and quantum canary bounties (01:30:38) - Hash-based signatures and stateless cryptography (01:41:29) - Red teaming hardware wallets using AI models (01:51:04) - Why everyone must eventually learn self-custody Guest Links Lloyd on X (Link: https://twitter.com/LLFOURN) Frostsnap on X (Link: https://twitter.com/FrostsnapTech) Frostsnap's Website (Link: https://frostsnap.com/) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • August 20 · 11 min

    BIP110 vs UASF: Do the Suitcoiners Control Bitcoin?

    In this episode, I unpack the claim that BIP110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between miners and validating nodes, compare BIP110 to the UASF, and explain why broad consensus is strictly required to change Bitcoin’s rules. Ultimately, BIP110’s failure actually confirms Bitcoin’s defensive power structure rather than undermining it. Chapters (00:00:00) - Who Really Controls Bitcoin? (00:02:15) - Defining 'real' Bitcoin nodes (00:02:57) - Horse and carriage analogy (00:04:20) - Why did BIP110 failed (00:04:42) - What UASF and SegWit meant (00:05:43) - New York Agreement bluff (00:06:24) - Why UASF worked (00:09:56) - Has anything changed? Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • August 18 · 1 hr 40 min

    Chat_176 - Is Every Conspiracy True? with Talip

    ***"Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you? No. Because, it is, at the end of the day, their custody. Whereas in statechains, a really cool perspective is, if the server or the custodian, disappears, because of the design of the system, money comes back at you on L1. You can broadcast an exit or you can do nothing and the money comes back to you. So if something bad happens to us or to [the] server, then still [the] money is yours. And I think this is a really cool property, basically being able to exit even though things become fucked up." ~ Talip*** Some of us are realizing that the era of AI means we need to break our own tools before attackers do. And after the recent Coldcard catastrophe, that reality is staring us right in the face. We can't just trust things because they worked yesterday. But how do we actually stay ahead of malicious actors and automated bots poking holes at every open-source repo on the internet? I sat down with Talip to figure exactly that out. He is a former engineer at Citrea and is now doing some incredibly cool privacy research at LX.dev. We get straight into the trenches of AI-driven red teaming and how LLMs are exposing critical vulnerabilities in the software we use every single day. But we don't just talk about security. Talip gives an insider's perspective on the BIP 110 spam war, the wild conspiracy theories about Citrea, and why Bitcoin might desperately need a bit more cypherpunk anarchy. Chapters (00:00:00) - Introduction (00:06:43) - Talip and Bitcoin (00:12:05) - The Cypherpunk Aspect (00:16:37) - Citrea, Spam & OP_RETURN (00:25:34) - BIP 110 and Network Forks (00:41:01) - Handling Bitcoin Spam (00:57:20) - LX Research: Privacy and Statechains (01:04:42) - CBDCs and Stablecoins (01:12:21) - Current Red Teaming Efforts (01:26:53) - AI Doomerism and Open Models Guest Links Talip on X (Link: https://twitter.com/otaliptus) lxdev on X (Link: https://twitter.com/lxdev\_) lxdev's Website (Link: https://lx.dev/) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)\ Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • August 12 · 1 hr 23 min

    Chat_175 - Building in the AI Era with Luís Novo & Matt Ahlborg

    ***"It's going faster than most people thought. We thought that these models would be useful, but not extremely useful, for a while. Now you look at this and you feel [that] if I'm not using this the entire day, I'm losing on something, I'm staying behind, I have to keep running this like crazy. But we haven't prepared for it. People are connecting all of their life to these cloud providers, you know: 'Hey, manage my life'. And then you're giving them everything you have. I don't think the industry had enough time to prepare for the right tools for this. How do I really share what is important without putting myself at risk?" ~ Luís Novo*** I sit down with Matt and Luís to unpack how fast AI is really moving, why most of us are barely tapping the intelligence at our fingertips, and how to start building a private "thinking layer" instead of handing your entire life to cloud providers. We dive into Luís's Open Notebook project, how it ties into PPQ and my own PearCore engine, and why the Coldcard mess has me rethinking security, open source, and verification across my whole stack. This one is a deep, practical tour of workflows, tools, and mindset for surviving the AI acceleration without giving up your sovereignty. Chapters (00:00:00) - Introduction (00:03:14) - Open Notebook: an Open-Source Context Stack (00:10:33) - The Coldcard hack and auditing open-source code with AI (00:15:44) - Live server attacks and the risks of cloud storage (00:24:44) - How AI agents are autonomously writing and reviewing code (00:27:10) - Evading cloud AI censorship with local models (00:41:04) - Building automated media analysis and pipelines (00:57:24) - The limits of cloud scaling and future local hardware (01:05:40) - Balancing offensive and defensive AI software engineering (01:11:24) - Will machines eventually write binary code themselves? Guest Links Matt on X (Link: https://twitter.com/mattahlborg) PPQ.ai on X (Link: https://twitter.com/PPQdotAI) PPQ.ai Website (Link: https://ppq.ai/) Luís on X (Link: https://twitter.com/lfnovo) Open Notebook Website (Link: https://www.open-notebook.ai/) Open Notebook GitHub (Link: https://github.com/lfnovo/open-notebook) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • August 4 · 1 hr 55 min

    Roundtable_023 - Staying Humble

    In this episode, Steve, Jeff, and I walk through the catastrophic Coldcard entropy failure, how a trusted hardware wallet ended up generating weak keys, and how attackers are now brute-forcing Bitcoin wallets in minutes. We dig into AI’s role in widening the attack surface, the dangers of source-available over true open source, and our own arrogance around hardware security. I share practical steps to get your coins off compromised devices, why multi-sig saved me this time, and how we can turn this gut punch into genuine anti-fragility for Bitcoin self-custody. Chapters (00:00:00) - Introduction (00:11:36) - Reacting to the Coldcard exploit (00:15:00) - FOSS vs. source-available software (00:22:05) - Hardware fallback flaws and testing (00:35:46) - Verifying dice roll entropy (00:42:45) - Red teaming Bitcoin security with AI (00:54:13) - Physical dice rolling for keys (01:10:11) - Jack Mallers, Strike, and 21 (01:31:50) - Corporate influence and core dev funding (01:45:43) - AI and vulnerability discovery (01:49:34) - Anti-fragile security and multi-sig Guest Links Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8) Steve Simple on X (Link: https://x.com/stevesimple) Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp) Jeff Swann on X (Link: https://x.com/agoristview) Jeff Swann's petition (Link: https://www.change.org/p/help-us-home) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • July 31 · 29 min

    Coldcard Emergency - MOVE YOUR BITCOIN NOW

    This is an emergency episode to warn everyone of the catastrophic Coldcard entropy bug that’s letting attackers regenerate users’ keys and drain wallets without device access. I walk through concrete, step‑by‑step instructions to move your coins to safety (including using Sparrow, Nunchuck, and even exchanges as a last resort), who’s most at risk across MK3, MK4, MK5, and Q devices, and what this means for hardware wallets, AI‑driven security research, and multi‑sig going forward. This is the worst hit to self custody in Bitcoin's history. All we can do is act as quickly as possible. If you have a coldcard in your setup, you need to move to safe keys or cycle your multisig, don't wait, don't assume you have time, sit down and get it done. Do it carefully and don't skip steps. Here are a few of the quickest paths to safety and how to think about this going forward. To everyone who got hit by this, I cannot be more sorry. Chapters (00:00:00) - Coldcard bug red alert (00:02:07) - MK3 absolute worst case (00:03:16) - Other wallets who’s safe (00:04:33) - Links confirmation panic check (00:05:18) - Dice entropy and urgency (00:05:56) - MK4 MK5 Q risk (00:06:57) - Fastest escape route (00:08:59) - Recovering with just seed (00:09:43) - When to use exchange (00:11:03) - Multisig exposure lessons (00:16:35) - Personal note Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) References from the episode\ Coinkite Security Advisory: https://blog.coinkite.com/coldcard-mk3-seed-generation-warning/\ Predictable RNG Fallback and 32-Bit Reseed in COLDCARD Firmware (Block): https://engineering.block.xyz/blog/predictable-rng-fallback-and-32-bit-reseed-in-coldcard-firmware 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • July 30 · 22 min

    Are We "Censoring" Spam?

    There is a massive miscommunication tearing Bitcoiners apart right now. Instead of arguing over specific code like BIP 110, I want to ask a much harder question in this solo take: Is it actually censorship to address spam? I'll explain why prioritizing financial transactions over JPEGs isn't authoritarianism, and why claiming it is destroys our ability to protect the network. We built a protocol for decentralized money, not unlimited file storage. Let's talk about what real censorship actually means. Chapters (00:00:00) - "Censorship" and Spam (00:01:41) - The analogy (00:02:52) - Free speech and limits (00:04:54) - The trick (00:06:30) - Size limits vs censorship (00:08:06) - What censorship really is (00:10:48) - The Motte and Bailey argument (00:14:45) - Bitcoin is for money (00:16:20) - Is limiting spam censorship? Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Coronavirus: Staying safe and informed on Twitter (12 January 2021): https://tinyurl.com/2cb4fxej X - Updating our approach to misleading information (11 May 2020): https://tinyurl.com/285vdpbe Block 960074 (Mempool.space): https://tinyurl.com/29rr7lwg Bitcoin Whitepaper: https://tinyurl.com/kkxbyss Giacomo Zucco X post: https://tinyurl.com/2yhf55q6

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  • July 28 · 48 min

    Read_948 - The Battle for Monetary Independence

    "Your savings represent hours you worked, risks you accepted, businesses you built, time spent away from people you love, and consumption you postponed for the sake of the future. When the monetary system allows others to dilute those savings without your consent, it weakens your claim on that future. Bitcoin offers a peaceful alternative, giving every individual access to property that cannot be created without limit, altered for political convenience, or administered according to a different set of rules for the powerful." "Two hundred and fifty years ago, Americans declared that they would no longer live as subjects. […] the best way to honor that inheritance is not merely to look backward and celebrate what they accomplished. It is to identify the unfinished work of freedom in our own time and do our part to advance it." ~ Cory Klippsten Today I’m reading Cory Klippsten’s latest piece, The Battle for Monetary Independence. Cory uses his grandfather’s World War II journal to show that real historical changes aren't won through sudden heroic events, but built on quiet, unglamorous, day-to-day work. Bull markets get the hype while bear markets do the actual heavy lifting. I share my thoughts on what true monetary freedom looks like and the few things that matter far more than waiting for Wall Street's permission. Check out the original article: The Battle for Monetary Independence by Cory Klippsten (Link: https://www.swanbitcoin.com/essay/the-battle-for-monetary-independence/) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome partners! Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) "People have only as much liberty as they have the intelligence to want and the courage to take." ~ Emma Goldman

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  • July 24 · 15 min

    CBDCs are Coming (And the Bitcoin Exit Awaits)

    I walk through the global push for Central Bank Digital Currencies, why voluntary rollouts have mostly flopped, and what governments really gain from programmable, fully surveilled money. I dig into the upcoming digital euro, the U.S. Senate’s move against a federal CBDC, and the rise of OpenUSD as an open stablecoin standard. Ultimately I argue that while CBDCs are about control, the infrastructure they create may unintentionally supercharge a global Bitcoin exit ramp. I break down why this surveillance trap might give us our ultimate exit. Chapters (00:00:00) - CBDCs are inevitable (00:01:19) - Sales pitch vs reality (00:01:54) - The quiet part aloud (00:02:30) - Programmable control layer (00:03:26) - The inclusion myth (00:06:04) - Global pilots are flopping (00:08:53) - CBDCs and privacy (00:10:16) - OpenUSD and surveillance (00:11:21) - Stablecoins as a backdoor (00:12:56) - Bitcoin literacy barrier (00:13:21) - CBDCs will backfire Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode CoinDesk.com: https://tinyurl.com/2a3zkokc ICMAgroup.org: https://tinyurl.com/2cyxvsnc Congress.gov: https://tinyurl.com/24qxpmm8 TheStreet.com: https://tinyurl.com/2ac54w2a CoinDesk.com: https://tinyurl.com/2dm2kajl Wiley.com: https://tinyurl.com/27ydh5q6 CentralBanking.com: https://tinyurl.com/2amemcsv Reuters.com: https://tinyurl.com/yrpt6cug CBDC Tracker: https://tinyurl.com/2xn6qxyj CBDC Tracker: https://tinyurl.com/2dmtppbe HRF.org: https://tinyurl.com/27ojcx72 Cato.org: https://tinyurl.com/23nltch2 EFF.org: https://tinyurl.com/2bx3dyhu X.com: https://tinyurl.com/22yq2ftx JoinOpenStandard.com: https://tinyurl.com/2399fw43 TFTC.io: https://tinyurl.com/28n9b2e8 CoinDesk.com: https://tinyurl.com/25mnrnjk Europa.eu: https://tinyurl.com/24xvdqan

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  • July 19 · 2 hr 17 min

    Chat_174 - Preparing Bitcoin for an Unknown Future with Hunter Beast

    ***"I'm almost 99% certain that [BIP] 110 will activate. And not only that, I think there will be a capitulation after October, where if the month of October passes and [BIP] 110 is still not merged by Core devs, it essentially reflects that they are no longer relevant because they failed to be good stewards of the protocol." ~ Hunter Beast*** In this episode I sit down with Hunter Beast for a sprawling, high-signal exploration of how to prepare Bitcoin for an unknowable future. We cover formal verification and Lean 4, AI-accelerated proofs, surveillance and BIP39 risks, faith and natural law, and why he thinks governance must shift toward provable safety over new features. We finish with his confident prediction that BIP 110 will activate, and what it would mean for Core’s relevance if it doesn’t. Chapters (00:00:00) - Intro and Hunter's prediction (00:06:33) - Researching critical vulnerabilities (00:19:40) - Hilbert's questions and the limits of mathematics (00:28:46) - Faith, personal struggles, and identity (00:37:32) - BIP39 and surveillance (00:43:28) - AI, false idols, and religious history (00:49:26) - Natural law and nation states (00:56:43) - Nodes, and decentralized storage markets (01:24:56) - BIP 110, crisis and shift (02:09:52) - Predictions around BIP 110 activation (02:12:10) - Defending Bitcoin against economic populism Guest Links Hunter on X (Link: https://twitter.com/cryptoquick) Hunter's Website (Link: https://cryptoquick.com/) Hunter's GitHub (Link: https://github.com/cryptoquick) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • July 16 · 15 min

    The Most Important Project in Bitcoin (You probably haven't heard of)

    What is the most important project in Bitcoin? It isn't BIP 110 or some shiny new payment protocol. We actually have a massive security vulnerability sitting at the base layer: Bitcoin mining isn't really mining anymore. Right now, we have millions of hashers but barely a handful of real miners deciding what transactions make it into a block. And that means a few centralized pool operators could easily censor the network. In this Take, I explain why the critical distinction between a hasher and a miner matters. But more importantly, I outline how newer protocols are finally fixing a decade-long mistake. Chapters (00:00:00) - The most important project (00:00:29) - Hashers vs miners (00:01:35) - Pools choose transactions (00:03:06) - The few pools who can censor (00:04:21) - Nodes and block templates (00:06:15) - Holding your own keys (00:06:55) - Datum and Stratum V2 (00:08:50) - The single giant pool risk (00:11:31) - Spam, Slipstream, BIP110 (00:13:22) - Ocean, DMND, and what's next Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Bitcoin StackExchange #1: https://tinyurl.com/279wnyjg D-CentralTech: https://tinyurl.com/284e3gdh Stratum v2: https://tinyurl.com/26wn5kps Pavlenex's X post: https://tinyurl.com/23w828ac LNhance: https://tinyurl.com/2c9k4ogm DMND: https://tinyurl.com/2yfurts9 BitcoinTalk: https://tinyurl.com/234qlqgb Bitcoin StackExchange #2: https://tinyurl.com/279wnyjg Mempool.space: https://tinyurl.com/245ahvdq Minoa.com: https://tinyurl.com/24qmfn4d The Defiant: https://tinyurl.com/28vsgv7z

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  • July 10 · 1 hr 55 min

    Chat_173 - The Time Has Come for Privacy on Bitcoin with Dan Gould

    ***"I think I got kind of orange-pilled and privacy-pilled in this way when Snowden exposed all this surveillance that was happening by default through every system you've ever touched. That's when I started treating all digital infrastructure as inherently recording devices. They're trying to take information and, even if someone doesn't really want or intend to store the information, it's possible that it gets leaked through a hack. And when it comes to money, that reveals all the relationships someone has. And without privacy, there's no way for that to be free. For Bitcoin to kind of live up in my mind to what it was meant to do, be censorship resistant, you need to have privacy." ~ Dan Gould*** We've all heard that Bitcoin needs privacy to function as real money. But most current solutions force you to jump through ridiculous hoops. Dan Gould has been obsessing over this exact problem for years, and he came on the show to explain why we might finally have a viable fix. Dan and I talked through the history of Bitcoin privacy tools. We looked back at the early days of TumbleBit and Wasabi, and got into why past attempts failed to gain significant adoption. But the core of our conversation was about Payjoin V3. If you care about protecting your stack and keeping your identity safe from on-chain surveillance firms, you need to hear this one. Dan breaks down exactly how the new Payjoin protocol strips out the heavy infrastructure and simply hides your transactions in plain sight. It completely shifted my perspective on how we actually achieve basic on-chain privacy. Chapters (00:00:00) - Guest intro (00:04:42) - Fixing base layer anonymity (00:10:29) - The physical risks of public ledgers (00:14:58) - Lessons from early privacy protocols (00:21:44) - FinCEN and the downfall of Stratus (00:26:20) - The technical flaws of synchronous mobile coinjoins (00:30:37) - Developer assumptions versus actual user behavior (00:32:40) - Understanding Payjoin and interactive transaction batching (00:39:19) - Overcoming complex connection barriers in p2p privacy (00:42:07) - Async Payjoin directories (00:49:20) - Output substitution and routing interactive payments (01:00:28) - Achieving non-interactive additions without covenants (01:12:34) - The push for widespread adoption Guest Links Dan on X (Link: https://twitter.com/bitgould) Payjoin's Website (Link: https://payjoin.org) Payjoin's GitHub (Link: https://github.com/payjoin) Edward Snowden's X post (Link: https://x.com/Snowden/status/1391040522433830912?s=20) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • July 5 · 12 min

    What does the woke left TRULY worship?

    The extreme left often claims to follow logic and "the science". But I've noticed a glaring pattern that contradicts this. And once you see it, you can't unsee it. In this Take, I share my thoughts on the "holy trinity" the woke left actually worships. It starts with treating other people's money like magic. But seizing wealth is just the beginning. I break down the dangerous obsession with political authority and blind submission driving this hostile new religion. Chapters (00:00:00) - Woke left claims logic (00:00:55) - Other people’s money (00:01:38) - Money as magic wand (00:02:17) - Money isn’t enough (00:03:04) - Gov waste vs billionaires (00:05:14) - Power as second god (00:07:31) - “Trust the science” dogma (00:09:24) - The holy trinity (00:11:23) - Saving their own world Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Demand Sage: https://tinyurl.com/2blh4j3x CNBC: https://tinyurl.com/y86nqau8 Fox News: https://tinyurl.com/25tpbxjz NewsBreak: https://tinyurl.com/29wlamev GAO.Gov: https://tinyurl.com/24szjfr5 NPR: https://tinyurl.com/2yfms6k7 Yahoo News: https://tinyurl.com/2cfvzxuy Fox News: https://tinyurl.com/2xmslvkp We Forum: https://tinyurl.com/26ltmt5r The Hill: https://tinyurl.com/23wqhj5d NewsWeek: https://tinyurl.com/28apgpqt BBC: https://tinyurl.com/2y8zhvs4 BBC: https://tinyurl.com/23b522tn

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  • July 2 · 1 hr 59 min

    Roundtable_022 - What if Bitcoin Dies?

    The sentiment lately has been total garbage. We’re deep in a bear market, the red candles are stacking up, and people are getting nervous. So, I got the guys back around the table to ask a really uncomfortable question: what happens if Bitcoin actually dies? We keep things pretty casual but talk through some heavy stuff. We debate the real dangers of leverage, the bizarre obsession with paper Bitcoin equities, and the petty developer drama surrounding mining protocols. Along the way, we come back to why many of us are still effectively all in on Bitcoin, and it's definitely not just for the price. Steve also drops an analogy about weathering the financial storm in the "basement", which it might completely change how you look at market crashes. If you’re feeling the pain of this current cycle, you really need to hear where we ended up on this one. Chapters (00:00:00) - What if Bitcoin Dies? (00:03:19) - Montreal news and homeless issues (00:10:37) - Mechanic's update: BIP 110 and network (00:12:11) - Critiquing Saylor, MSTR and Bitcoin ethos (00:20:59) - Leverage and state centralization risks (00:26:09) - Stratum V2 vs Datum decentralization (00:38:35) - Decentralized hash rate marketplace (00:49:10) - BIP 110 activation and exchange policies (00:56:42) - Taproot key vs script spends analysis (01:05:11) - Bear market sentiment and new Bitcoiners (01:12:10) - Productivity, hope and social change (01:29:16) - Why Bitcoin as the only truth (01:47:59) - Bitcoin as ethical money and liberty (01:55:25) - Outro Guest Links Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8) Steve Simple on X (Link: https://x.com/stevesimple) Bitcoin Mechanic Nostr (Link: https://tinyurl.com/2tm827ut) Bitcoin Mechanic on X (Link: https://x.com/GrassFedBitcoin) Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp) Jeff Swann on X (Link: https://x.com/agoristview) Jeff Swann's petition (Link: https://www.change.org/p/help-us-home) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://x.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://x.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • June 29 · 41 min

    Read_947 - On Overconfidence

    "In this X post, I said I don't know the consequences of BIP-110. Plenty of people called that incompetent, cowardly, or both. Others praised it as humility. It's neither. It's just true. I don't know the consequences, and here's my claim. Neither do you." ~ Jimmy Song I am reading Jimmy Song’s latest piece and things get a bit heated today. The debate around BIP-110 has everyone absolutely certain they know what will happen to Bitcoin. But as Jimmy points out, they don't. And honestly, neither do I. Do we really understand the social consequences of these network changes? Check out the original article: On Overconfidence by Jimmy Song (Link: https://x.com/jimmysong/status/2071637370881941750) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome partners! Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) "Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted." ~ Ralph Waldo Emerson

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  • June 29 · 1 hr 36 min

    Chat_172 - Sovereign Devices in a Subscription World with Harald Schäfer

    "comma develops open source ADAS software. You can call it self-driving software, but currently what we ship is something where the user is supposed to pay attention all the time." "We want the software to be open source so that people have full control. The hardware is something you have root on. We don't have any access to your device in terms of that's necessary to make it operate normally. There's some telemetry that you can turn off if you want. The device is something you buy, you run open source software on it and there's no cloud involved in making it work as an ADAS product." ***"We're pretty passionate about making sure that if you buy something you own it, if you run software, it should be open source and you should be able to modify it, or at least we shouldn't be able to stop you. That should be a thing that you control." ~ Harald Schäfer*** In this episode I talk with Harald Schäfer, CTO of comma(.)ai, about building sovereign driver-assist tech that runs locally on hardware you actually own. We dig into open-source ADAS, resisting the subscription and cloud-control model, how comma stayed sustainable without obtaining billions from VCs, and the real impact of modern AI on software development and robotics. We also get into the nerdy details of training self-driving models using a generative video simulator built from real-world driving data. Chapters (00:00:00) - Intro and why comma matters (00:05:28) - Sovereign tech and DRM (00:08:38) - Open-source ADAS and user control (00:10:27) - You’ll own nothing and be happy (00:12:39) - AI, privacy and open source (00:16:31) - Harald’s path into comma(.)ai (00:21:27) - Car support and installs (00:24:39) - Sustainable business vs VC (00:34:01) - LLMs, coding and debt (00:43:40) - Generative simulators for driving (00:58:56) - In-person hardware engineering teams (01:24:45) - Regulation and walled gardens (01:30:26) - Final thoughts and how to try comma(.)ai Guest Links Harald on X (Link: https://x.com/___Harald___) comma on X (Link: https://x.com/comma_ai) comma's Website (Link: https://comma.ai/) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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  • June 27 · 11 min

    10.5 Million Bitcoin Underwater: Is This THE Bottom?

    Over 10.5 million Bitcoin are currently underwater. Everyone is panicking about a grueling bear market, but I see things differently. In today's Take, I explain why this recent drop actually signals deep liquidity and a historically accurate market bottom. The traditional four-year cycle is breaking. And as the national debt keeps doubling and the fiat printing won't stop, let's talk about why staying patient right now means everything. Chapters (00:00:00) - Another big dump & 10.5M BTC underwater (00:01:25) - Capitulation signal that’s called every bear bottom (00:02:22) - From 90% crashes to a muted bear (00:03:10) - Liquidity, ETFs, and Bitcoin as collateral & SoV (00:04:57) - Patience: the rarest Bitcoin skill (00:05:28) - Exponential US debt and the long‑term Bitcoin lens (00:06:15) - How past cycles felt vs how they look on the chart (00:06:42) - From $15K to a $60K+ floor: what that implies (00:07:10) - Self‑custody, ETFs, and why keys matter (00:08:01) - Volatility vs risk in a fast‑growing asset (00:09:21) - Max pain, hopelessness, and where opportunity lives (00:10:08) - Blood in the streets & hunting one more dip Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Coindesk: tinyurl.com/26l8pqzbInvesting.com: tinyurl.com/2a2wubsq BitBo: tinyurl.com/2anzw6g2 FT: tinyurl.com/23eglpaz Reason: tinyurl.com/2687zybx Yahoo Finance: tinyurl.com/27crbd6v Fortune: tinyurl.com/25nvhgzt CNBC: tinyurl.com/2ynpzq8v Yellow: tinyurl.com/28e43f7o FRED: tinyurl.com/2ddoz54u Decrypt: tinyurl.com/2ylup3hm CoinDesk: tinyurl.com/253cflvk Guardian: tinyurl.com/2bynazae Reuters: tinyurl.com/26p89zjm Trading Key: tinyurl.com/2cceq344 Yahoo Finance: tinyurl.com/2boso8gs Spark: tinyurl.com/2422njur Yahoo Finance: tinyurl.com/29yn59sx

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  • June 24 · 13 min

    Why Elon's Trillion = Carnegie's Millions (The Fiat Illusion Exposed)

    Elon Musk is officially a trillionaire. Naturally, people are calling it yet another failure of capitalism, and I'm calling BS. I compared his wealth to Andrew Carnegie’s fortune. On paper, Musk’s number looks insane, but when you measure them against the total money supply of their eras, the truth completely flips. I believe we aren't seeing runaway capitalism, but we are simply measuring success with a broken tape measure. I explain why fiat is failing, why you should be mad at central banks instead of builders, and how we finally opt out. Chapters (00:00:00) - Did Elon Break Capitalism? (00:00:42) - What A Trillion Means (00:01:07) - Carnegie And Cheap Steel (00:02:12) - Monetary Base Comparison (00:03:08) - Elon’s Impossible Companies (00:04:39) - Reusable Rockets Revolution (00:05:50) - Capitalism vs Fiat Failure (00:07:20) - Inflation And Fake Records (00:09:04) - Fiat Stole Your Future (00:12:12) - Bitcoin As The Exit Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) References from the episode Andrew Carnegie Foundation: https://www.youtube.com/watch?v=-2MLqvHxU58 Andrew Carnegie Foundation: https://www.youtube.com/watch?v=kMJm04hoGg8 Andrew Carnegie Foundation: https://www.youtube.com/watch?v=lETFnhXVH8s BFI National Archive: https://www.youtube.com/watch?v=7Rg5vctokvw US Government: https://www.youtube.com/watch?v=_hlfqggGOZw CNN: https://www.youtube.com/watch?v=adVbaJp6n6c Bloomberg: https://www.youtube.com/watch?v=ZucUZZkIQw0 Bloomberg: https://www.youtube.com/watch?v=y5uV6qLYqMQ Tesla: https://www.youtube.com/watch?v=TszRyT8hjJE SpaceX: https://www.youtube.com/watch?v=T43sbhCKvBY Starlink: https://www.youtube.com/watch?v=-8vy3Azdv2I SpaceX: https://www.youtube.com/watch?v=hI9HQfCAw64 Dieck Docs: https://www.youtube.com/watch?v=LUE4yqAd1WU&t=439s Simpsons clip: https://www.youtube.com/watch?v=9o2Oc2g-vTk WSJ: https://www.youtube.com/watch?v=0VwIlALimNw Movieclips: https://www.youtube.com/watch?v=NQ-8IuUkJJc The Luxury: https://www.youtube.com/watch?v=7hbzW6DoSOA The Economist: https://www.youtube.com/watch?v=5i45h76ioHY WSJ: https://www.youtube.com/watch?v=0VwIlALimNw&t=68s CNN: https://www.youtube.com/watch?v=eI2HIwZT3FI Fox Business: https://tinyurl.com/fb-spacex-ipo Variety.com: https://tinyurl.com/var-spacex-ipo FinanceFeeds.com: https://tinyurl.com/ff-musk-networth Fortune.com: https://tinyurl.com/fort-spacex-ipo VisualCapitalist.com: https://tinyurl.com/vc-musk-trillionaire CNBC: https://tinyurl.com/cnbc-spacex-updates NPR: https://tinyurl.com/npr-spacex-ipo statspanda.com: https://tinyurl.com/stat-musk-history Bloomberg: https://tinyurl.com/bb-billionaires-index PurePowerPicks.com: https://tinyurl.com/ppp-musk-tracker PBS: https://tinyurl.com/pbs-steel-business IMDB: https://tinyurl.com/imdb-blockbusters Arpit Kushwaha: https://tinyurl.com/ak-madoff-scheme explorepahistory.com: https://tinyurl.com/eph-carnegie-bill Just Simple_English: https://tinyurl.com/jse-1trillion Detroit Publishing Co: https://tinyurl.com/dpc-steel-plant1 Detroit Publishing Co: https://tinyurl.com/dpc-steel-plant2 Collins Dictionary: https://tinyurl.com/cd-equity Ineteconomics: https://tinyurl.com/inet-lehman-failure NY Daily News: https://tinyurl.com/nydn-enron-hearings Alamy.com: https://tinyurl.com/alamy-ftx-sued Econovisuals: https://tinyurl.com/eco-m2-supply

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  • June 22 · 1 hr 29 min

    Chat_171 - Building Instant Fiat-to-Bitcoin Bridges with Gustavo Flores

    ***"We're entering the Bitcoin golden era with all the new technologies we're discovering because for the first decade Bitcoin was still very, at least for the first five, six years, there was so little capital in the industry that not a lot was getting built. Plus Bitcoin still had all these early on issues. Now we're getting to the moment where Bitcoin is extremely solid. It's a trillion dollar industry, right, or a trillion dollar asset. So I think we're just entering the golden era." ~ Gustavo Flores*** I sat down with Gustavo Flores, the CEO of Aureo, Mexico's Bitcoin platform, and this conversation went far beyond just building software. Gustavo actually left Canada for Mexico because of the intense COVID mandates. He recognized the red flags of government overreach early on and refused to stick around. But what he found in Mexico was a completely different beast. We talked about the harsh realities of building a Bitcoin company in a low-trust society where people are conditioned to expect scams. And yet, Gustavo and his team are building some of the most impressive tools I have seen. They figured out a way to route local fiat directly to a self-custodial Lightning address, without even the need of a middleman to hold your keys. It just works. We also talked about the heavy lifting required to run La Casa de Satoshi, a physical Bitcoin hub in Mexico City. It takes a severe amount of irrational optimism to be a founder in this space, but the effort is paying off. Plus, we got into the weeds on why Lightning development is actually moving faster than people think. If you assume the best era of Bitcoin development is already behind us, you need to hear this conversation. Chapters (00:00:00) - Intro to Gustavo and Aureo (00:03:30) - Gustavo's Bitcoin journey and Aureo (00:06:54) - Leaving Canada due to COVID policies (00:15:51) - Bitcoin in Mexico and Latin America (00:27:47) - Money, trust, and Mexican politics (00:32:00) - Aureo's Direct to Wallet, Direct to Bank (00:41:40) - Mexico's political landscape, trust (00:53:07) - Building La Casa de Satoshi community (01:06:14) - Lightning Network and Bitcoin scaling (01:22:48) - Bitcoin's golden era and optimism Guest Links Gustavo on X (Link: https://twitter.com/gustavojfe) Aureo on X (Link: https://twitter.com/aureobitcoin) Aureo's Website (Link: https://www.aureobitcoin.com/en) Affiliate Links\ Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)\ Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) 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's Takes on YouTube (Link: https://www.youtube.com/@GuysTake) Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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