BTC077: Bitcoin Solves the Time Stamping Problem w/ Gigi
ฝัง
- เผยแพร่เมื่อ 29 เม.ย. 2024
- Preston talks with prolific Bitcoin writer and educator, Gigi. They discuss how Bitcoin solves the time-stamping problem among many other fascinating topics and themes.
IN THIS EPISODE, YOU'LL LEARN:
0:00:00 - Intro
0:02:22 - What Gigi is most excited about in 2022
0:04:08 - What causes people to see Bitcoin from the bottom-up.
0:13:36 - What are all the things that bitcoin is doing simultaneously.
0:17:35 - How Bitcoin solves time stamping.
0:20:31 - What is under appreciated in the Bitcoin space right now.
0:26:34 - What incentives will drive the adoption of lightning.
0:39:26 - Proof of Work (PoW) Versus Proof of Stake (PoS).
0:48:37 - How to take something complex and make it digestible.
0:56:27 - What question can you ask someone to understand the breadth of the understanding in Bitcoin.
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✔️ Subscribe to Bitcoin Fundamentals/We Study Billionaires podcast show: link.chtbl.com/BTC077
🖊️ Access our free show notes and transcript here: www.theinvestorspodcast.com/b...
💡OTHER RESOURCES
- Preston's Twitter Account: / prestonpysh
- Gigi's article: Bitcoin is Time - dergigi.com/2021/01/14/bitcoi...
- Gigi's article: Inalienable Property Rights - dergigi.com/2022/04/03/inalie...
- Gigi's article: Proof of Life - dergigi.com/2019/08/07/proof-...
- An Index of other Gigi articles - dergigi.com/words/
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Thank you for bringing Gigi on your show Preston. He is brilliant.
"I'm starting to lose my patience" - such an appropriate rant. love to see it 🙏
Love Gigi taking the time to focus explaining the time stamp importance. Take the analogy further Gigi. So many examples currently and in history where people change historical records via centralized systems creating revisionist history.
I learned also a lot from Gigi. He is a good Soul !
🤔👏👏👏👍💯 This interview was on par with any of Saylors interviews and that's a huge statement. Great Job Gentleman 🤝
Better, tbh. Saylor has a great mind but he tends to carry on a monologue with himself. Good timing on this podcast gentleman! While ppl are dismayed at the price, give them Vision in regard to the Beauty and Creativity built within BTC.
@@mokeyandabandit There is no USD price for Bitcoin it's irrelevant....there are only block rewards, difficulty adjustments, hashrate and security. Who cares what its "worth" compared to some bits of toilet paper
Blah, blah, blah. I know the song and dance. Thanks
Gigi is my favorite bitcoiner.
Thank you Preston and Gigi, this was fantastic. Glory to you both for sharing your time and wisdom. "...Bitcoin is defined in a mathematical space. That’s one of the main misconceptions people have about mining. You do not create Bitcoin by transmuting energy into Bitcoin. That’s not how it works because, otherwise, if we would link money to energy, then if we would get way, way, way better at producing energy, we would automatically create more money...." .Saylor says Bitcoin is digital energy. Maybe Gigi is telling us that Bitcoin is in essence more like mathematical money?
One of the best podcast I’ve ever heard explaining PoW vs PoS
Gigi understands this.
I love his time analogy.
BTC really, is time.
Gigi’s headphones blend perfectly into the arched ceiling beams
Bitcoin solves (almost) everything! 💪
Sooo Good! Thanks for putting this together for us.
The man the myth the legend🙂
Amazing jnterview
I enjoyed this pod
Is the guest familiar with the extended UTXO model?
Excellent interview!
Gigi, one of my favourites! Incredible we get so lucky. Oh and suggested is lex friedman taking to saifedean ammous for 4 hours about bitcoin, curious how he'll approach it.
cool coversation, cool guest! thank you Preston! one think I don't understand: why is flare-mining good for environment? It's good for oil company, it's good for bitcoin, i get it. But environment?
I'm not an expert but I believe you're correct. It's only good for the gas company and Bitcoin but it's not good for the environment. The better solution from an environmental standpoint would be to reduce as much of the flaring in the first place. With flaring, you get pollution and wasted energy. Bitcoin mining only helps with the wasted energy aspect.
Exactly. As gas burns, carbon and heat is already emitted. The only think you can do is to use the released energy and not to waste it. Btw fossil energy is not so evil as stated, about that has Saifedean recently a top conversation.
@@davidhidvegi4417 Not a big fan of Saifedean. Part of this message is good and then he loses me on a few things.
Just brilliant! Wow
In this community where most people seem to be obsessed with price this guy is a breath of fresh air.
Why does a soft fork might break bitcoin? Isn’t indestructible?
Gigi’s green screen skillz are second to none.
FUCK!!! I thoroughly enjoyed this episode. Gigi, just like Saifedean, is an unapologetic beast! 💪🏾 States it as it is... Ethereum is a scam, simple!
Incredible
One of the very few interviews that I finished and immediately hit play again
At around 44 mins Gigi says Satoshi never took anything for himself!
Isn't there a Satoshi wallet with around 1M $BTC??
Yeh have fun waiting for those coins to move lmao
Gigi is the man.
*Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.*
Algorithm!
I agree that PoW has accomplished many things previously thought impossible but what if PoS is attempting to solve for something else, for example incentives? Asking a maxi for their perspectives on PoS seems disingenuous. Why not moderate a conve with someone like Charles Hoskinson or Ethan Buchman?
There is no competition here. BTC took us from 0 to 1. That's it.
@@TheBitcoinRevolution But is a sports car competing with a Mac truck? They have similar functionality but are valuable to people for different reasons.
Bitcoin is cellular automata
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
People do not know how to avoid losses while trading, you need to get full understanding and knowledge it's not something you risk, I trade with MRS GRETA NOAH the strategy is actually very effective, Consistent and constructive. I got the best from her.
@Rowland Veron Well this is not my first time of seeing her name on social platform I think she’s extremely brilliant and lucrative at the same time
Although< I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 23` btc from day trading with Katherine Penny Mandell Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish....
massive info, how do i reach this expert?
..
Thats her only platform👆
Sincerely speaking, i will continue to trade and stick to smooth strategy daily signals and guides with Katherine Mande;; as long as it works well for me
not impressed
@dergigi is jedi level mastery