🎧 For over 20 years Stiven Kerestegian has been exploring questions of design, innovation, and disruption, working with some of the world’s biggest brands including Microsoft, LEGO, and recently as Head of Global Innovation at IKEA. But since discovering Bitcoin in 2017 everything has changed, Stiven has turned his focus towards applying design thinking to this new form of money, and how we might use it to build a more open and resilient financial system for the world. Other ways to listen:
Can We Design Bitcoin For A Billion People? With Stiven Kerestegian | The Transformation of Value - Exploring Freedom, Energy, and Creativity through the lens of Bitcoin.
For over 20 years Stiven Kerestegian has been exploring questions of design, innovation, and disruption, working with some of the world’s biggest...
Why does Bitcoin struggle to find its place in the real economy of supply chains, factories, and things? What role does credit play in building the economy, and could a new layer on top of Bitcoin be the missing piece? Hubertus Hofkirchner is an economist and entrepreneur from Austria. Hubertus is a key figure in developing the Bitcredit Protocol, an open-source initiative focussed on building a flexible credit money layer on top of Bitcoin for enabling businesses to finance working capital needs, using bills of exchange and ecash. Other ways to listen:
Where Are The Bitcoin Supply Chains? With Hubertus Hofkirchner | The Transformation of Value - Exploring Freedom, Energy, and Creativity through the lens of Bitcoin.
Why does Bitcoin struggle to find its place in the real economy of supply chains, factories, and things? What role does credit play in building the...
I just made my first Lightning payment from my own node! @Umbrel β˜‚οΈ + Ride the Lightning. This is incredible. Not nearly as difficult as I thought. I have connected my node to @ZEUS wallet as well. image This tutorial from Satoshi Radio helped a lot: The only issue I encountered testing payments on Ride the Lightning was the need for a "max-fee" to be set, which was not available on the dashboard payment widget, but which can be found under "Advanced Settings". image Will keep learning! #MOE
Denationalisation of Money. image
Professor Hayek, I also appreciate the inclusion of the inflation appendix (1950-1975). image
Suitcoiner checking in. Talking with former Bank of Japan Deputy Governor Nakaso about Bitcoin. From a Bitcoin perspective the words that kept coming up when I mentioned it were: "Cody, it's just too volatile!" Of course purchasing power stability is a key part of a currency, whatever school of economics you hail from. You need a stable currency to be able to price contracts and build out supply chains. However we must also recognise that all fiat currencies are engineered to lose value over the long term (and often suddenly in the short term, too). Bitcoiners would say that "volatility is price discovery" and point to the way the number has gone up over the last 16 years to give a hint of what hard money smells like. But what if the truth is somewhere in the middle? The institution of Central Banking has changed in form over the decades, indicating that it is not a static and forever concept. What if a reform takes places where the ability to pull those monetary levers is more and more constrained by a hard money base, such as Bitcoin? What if Bitcoin acts as a forcing function on sovereign currencies? E.g. A great big sword hanging over policy missteps ready to drop? OR does Bitcoin do nothing of the kind? Or does it destroy that system completely? ... I don't know know. Clearly Bitcoin is a better store of value and is the hardest money we know. But what needs to happen for a new economic order to emerge? Is it a case that those innovations of credit lines, financial institutions, and the "suits" are the next logical step? How can the decentralised and self-sovereign properties of Bitcoin be lifted up at the same time as its economic value appreciates? Watch this space! image
🎧 Bitcoin Mass Adoption Vs Parallel Resistance | Cody Ellingham What do we mean when we talk about mass adoption of Bitcoin? Is it even possible? Or is something like parallel resistance more likely? [Other ways to listen](
Bitcoin Mass Adoption Vs Parallel Resistance | The Transformation of Value - Exploring Freedom, Energy, and Creativity through the lens of Bitcoin.
What do we mean when we talk about mass adoption of Bitcoin? Is it even possible? Or is something like parallel resistance more likely?
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Stacker News
🎧 Bitcoin Mass Adoption Vs Parallel Resistance | Cody Ellingham \ stacker news
What do we mean when we talk about mass adoption of Bitcoin? Is it even possible? Or is something like parallel resistance more likely? Other ways ...
Photography of unplaces. Hong Kong. image
My hippie friends ask, β€œWhy do we need money?” but the real question is, β€œWho controls the money?”
Photography of unplaces. Hong Kong. image