KDC #38: Adam Back (PhD) - The Bitcoin Rabbit Hole & Lightning Network.
The Davani Connection
English - October 21, 2019 22:15 - 57 minutes - 52.8 MB - ★★★★★ - 6 ratingsEducation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
During the Lightning Conference 2019 in Berlin, I had the pleasure to sit down with Adam Back (cyberpunk, cryptographer, PhD in computer science, CEO/Co-Founder of Blockstream etc.) for an interview.
Adam´s works (Hashcash used in Bitcoin Mining) is cited in the White Paper of Satoshi Nakomoto.
Our fascinating talk deep down the Bitcoin Rabbit Hole covers a spectrum of questions and topics:
Lightning: Purpose / Vision/ Challenges / Scalability / Privacy / Security / On&Off Chain
Finalization of Payment
Future Developments: Layer 1 & 2; Interoperability / Splice-In / Channels
UX / UI / By Default Functions&Features/ "All in One"?/ New Wallets
Coinjoin&Wasabi / Samourai&Whirlpool
Different Trade-Offs: Convenience, Privacy, Security etc.
Liquid-Chain / Encryption / Block Explorer
IPs/ Tor / VPN
Education / Self-Responsibility
Critical Mass-Adoption
Multi-Signatures / 2FA
Safe Recovery-Key / User-Control
The Bigger Picture
Bail-In / Negative Rates / Recession / Crash
Keynesianism / Modern Monetary Theory / (Hyper-) Inflation
Investment-Allocation of Bitcoin / Gold / Volatility / Stability / Adoption-Curve
FOMO / Mass-Psychology / Stock-to-Flow-Ratio / (Absolute) Scarcity
Digital Gold Asset
Adoption Saturation
Permissionless / Self-Sovereignty / Censorship-Resistance / Privacy
Predecessors of Bitcoin / Failures / Centralization
Satoshi Nakomoto´s Vision and Ethos
Human Civilization / Evolution / Technological "Zero-to-One" Innovations
Hard & Sound Money / Bitcoin: The New Gold-Standard
Limitations of Gold
Bank Runs
Fractional Reserve Banking & Money
Humanity Not Understanding Money
Low Time Preference & Saving
True Potential & Essence of Bitcoin for Humanity
"The Bitcoin Rabbit Hole"
Improving the Quality of Life for Billions of People with Bitcoin
Beautiful Vision: Evolution.
Follow Adam Back on twitter: @adam3us
Website: cypherspace.org/adam/
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YouTube: youtube.com/c/keyvandavani
Satoshis are welcome, too!
Thank you!
Keyvan
twitter: @keyvandavani