Open Protocols

Open Protocols

20:24 Apr 19, 2023
About this episode
In ep. 15, Chep delivers an insightful presentation about Bitcoin and the Nostr protocol. The presentation commences by exploring the fundamental concept of money and how Bitcoin aligns with this definition. Chep highlights that Bitcoin is unique compared to traditional currencies, as it is a bottom up system that can't be used as a means of control. Further, Chep discusses the notions of deflation and inflation, explaining how Bitcoin addresses issues associated with both. Chep demonstrates how to use data from a node to confirm the number of existing Bitcoins. The conversation then shifts to Nostr, a tool that enhances hyper-bitcoinization. Throughout the presentation, Chep emphasizes the significance of personal verification and encourages listeners to delve deeper into Bitcoin on their own. Concluding the episode, Chep discusses some of the amazing free tools to help you stack sats without having to part without fiat currency. Strike Referral Gemini Referral (Great Credit Card For Getting Sats Back) Earn Sats For Walking Earn Sats For Shopping Bitcoin White Paper In Every Mac OS My Twitter Time Codes 00:00:00 intro 00:01:00 Bitcoiner meme 00:01:30 What even is money? 00:03:10 Money without a currency 00:04:05 Deflation & Inflation 00:06:10 Bitcoin fixes this 00:10:17 Verifying how many Bitcoin exist with data from my own node 00:13:20 Nostr making Bitcoin even better 00:16:50 Don’t Trust Me Go Verify For Yourself 00:18:00 MassAdoption
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