Bitcoin Tech Talk #306

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What I've been working on

1. Why there’s no need for NFTs on BTC - This rant is much more about altcoins in general and I explain why I think stablecoins are really much better served in an e-cash system. All of these things are DINO and the only reason any of them go on a blockchain is to preserve that “decentralized” status, which is fake to begin with. The idea is really so they can avoid regulation and do what they’ve wanted to do, which is print your own money.

2. Kerville Talk - My talk from the Beef Initiative is up and it’s about how the dollar works. The audience here were a bunch of ranchers, so I tried to explain how central bank backed fiat money works and showed the moral implications of such a system. The system is one based on implicit taxation through inflation, which is why an alternative is necessary for storing your wealth.

3. Thank God for Bitcoin - I’m backing the media company of the same name as the book. It’s essentially a way to Orange Pill Christians, though I’m sure some of the content will be good for Bitcoiners as well. The plan is to have some podcasts, content and conferences for the segment of the Bitcoin community that are Christians.

4. Byzantine General’s Problem - I explained in this podcast about why proof-of-stake doesn’t solve the main problem of decentralized coordination. Proof-of-stake is obviously biting ETH as the OFAC compliance stuff is showing. They are utterly centralized and there’s no way to turn that to decentralized, so it’ll be interesting to see how they’ll handle the coming regulation. The government, through regulation will be controlling what transactions go into that chain soon enough and those that don’t comply will get their staked ETH taken away from them.

What I'm up to

1. BitBlockBoom - My talk will be on Saturday and will be called “fiat delenda est.” I’ll be showing how fiat money has ruined everything good and meaningful in our lives through the theft of our time, effort and energy. I’ll be around to sign books, hang out and talk. The community around this conference is unbelievable and has to be experienced to be believed. Looking forward to seeing all of you there!

2. Bitcoin Commons - There are a variety of activities going on in Bitcoin Commons during the week, including Vijay’s BBQ and the launch of Bitcoin Times print edition. It’s Bitcoin and Beef all week. I’ll be there as well to hang out, sign books and socialize. Please feel free to drop by and say hi!

3. Baltic Honeybadger - I will be in Riga soon after to attend this wonderful eastern European conference. The conference is a lot of fun at least the last time it happened in 2019 and you get a different crowd given that it’s in eastern Europe.

Tweet of the Week

What I’m Shilling

• Books

  • Bitcoin and the American Dream

  • Thank God for Bitcoin

  • The Little Bitcoin Book

  • Programming Bitcoin

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