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    The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.

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    Latest Episodes:
    BREAKDOWN: Rebuilding the Resilience Economy, Feat. Anthony Pompliano Apr 09, 2020
    Show notes

    As host of the Pomp Podcast, author of the daily Off The Chain newsletter, and founder partner at Morgan Creek Digital Assets, Anthony Pompliano is one of the best known media personalities and investors in the crypto industry.

    In this episode, he and @NLW discuss:

    • The Fed’s just announced $2.3 trillion stimulus package - including the authorization to buy junk bonds
    • Why media and trust have desiccated to their lowest levels ever
    • The lack of a plan to restart the economy
    • Why Bitcoin was sold in last months larger market sell off
    • Why smart institutional investors are looking to bitcoin as a hedge when the deflationary environment turns inflationary
    • Why companies have to be allowed to fail to increase resilience
    • Why the best way to build a resilience economy is to put money in the hands of entrepreneurs and small businesses


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    AFRICA: If Bitcoin Works in Zimbabwe, It Works Everywhere (Part 4 of a Six-Part Documentary Podcast Series) Apr 09, 2020
    Show notes

    In part 4 of this six-part documentary podcast series about Bitcoin in Africa we'll join Anita as she speaks with a young woman from Harare, Zimbabwe. She calls herself a 'Digipreneur' and also works as a teacher. Working with her organization, they focus on the digitalization of Africa and aim to improve outcomes in Zimbabwe. With the use of Bitcoin outlawed and the state of human rights and free speech being rather poor in Zimbabwe, Anita and the guest agreed to not mention her name. In this episode they discuss:

    • The opportunities for Bitcoin adoption
    • The shutdown of Golix, the only Zimbabwean crypto exchange
    • The philosophy of Ubuntu and how it relates to Bitcoin
    • Hyper-inflation
    • The future of Bitcoin in Africa
    • How cryptocurrency feels like luxury in Zimbabwe
    • How to design Bitcoin for use in Africa
    • How Libra is a game changer
    • The most used social media tools
    • The need for even more accessibility and ease of use


    "If I have a Bitcoin, I can send money to my relatives, who are in Malawi or in Namibia or in Ghana. Currently I can't with our own currency. I can't send money out freely and quickly, but if we can sit down as a community and say okay, we need to buy a new borehole and we can do that just by using our phone. That's an amazing thing. You know, if we look at it from a place of development, if you look at it from a place of helping the community and taking care of each other, if it allows us to take care of each other without having to create so many barriers and so much red tape to get stuff done with money, I feel like when you change that narrative, you speak to something very deep within an African." - Teacher and Digipreneur, Zimbabwe

    "Cryptocurrency feels almost like luxury. It's sad because I don't think that's what it's supposed to be, but it was also bearing in mind cryptocurrency was designed in a functioning environment. It was designed by people who maybe haven't spent 12 hours in a fuel queue?" - Teacher and Digipreneur, Zimbabwe

    "We need to start having more conversations about the future with the people who are actually affected by the future. Hold workshops under a tree in Binga and have someone who is there who can translate into the local language and have a conversation." - Teacher and Digipreneur, Zimbabwe

    You can find the full transcript on the episode page

    A note from Anita:

    This podcast special and my trip to Africa would not have been possible without my sponsors and supporters. I want to thank my sponsors first: Thank you: LocalBitcoins.com a person-to-person bitcoin trading site, Peter McCormack and the whatbitcoindid podcast, Coinfinity and the Card Wallet, SHIFT Cryptosecurity, manufacturer of the hardware wallet BitBox02 and many thanks to several unknown private donors, who sent me Satoshis over the Lightning Network.

    This special is edited by CoinDesk’s Podcasts Editor Adam B. Levine and published first on the CoinDesk Podcast Network. Thank you very much for supporting the Bitcoin in Africa series with your work.

    Thanks goes also out to stakwork.com - stakwork is a great project that brings bitcoin into the world through earning. One can do microjobs on stakwork, earning Satoshis and cash them out without even having an understanding about the lightning network or bitcoin. I think we need more projects like that to spread the usage of bitcoin around the world.

    Thank you also to GoTenna, for donating several GoTenna devices to set up a mesh network in Zimbabwe and to Team Satoshi, the decentralized sports team for supporting my work. This special is also brought to you by the Let's Talk Bitcoin Network.

    Credits:

    Edited by CoinDesk’s Podcasts Editor: Adam B. Levine

    Image by: Martina Gruber Photography

    Idea, content and production: Anita Posch Music: "Start with yes" by Delicate beats

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    BREAKDOWN: The Questions We're Not Allowed to Ask, Feat. Hidden Forces' Demetri Kofinas Apr 08, 2020
    Show notes

    Demetri Kofinas is the host of Hidden Forces, a popular podcast that examines markets through the lens of large patterns of change.

    On this episode, Demetri and @NLW discuss:

    • How the politicization of the Coronavirus crisis has undermined smart action
    • How media incentivizes extreme opinions regardless of underlying expertise
    • What conversations are we not having around Coronavirus - in particular in terms of second order effects
    • Why we’ve barely begun to discuss the plan for turning the economy back on

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    BREAKDOWN: Exit Plans, Premature Rallies and Frontline Heroes, Feat. Ben Hunt Apr 07, 2020
    Show notes

    Epsilon Theory’s Ben Hunt joins for a follow up to our pre-lockdown Covid-19 conversation in early March. In the month since, the markets finally started to take Covid-19 seriously, elected officials stopped calling it just the flu, and big chunks of the world economy shut down.

    Now, as markets rally on early evidence the curve may be flattening, the question is: is this premature?

    In this episode, Ben & NLW discuss:

    • How the markets have moved from “denial” to “bargaining”
    • Why this rally has all the hallmarks of a type of bear market rally we’ve seen over the last month
    • Why the predictability of corporate bailouts doesn’t make them any less detestable
    • Why we should be buoyed by an explosion of ground-up, grassroots citizen action
    • How Frontline Heroes is creating a p2p PPE purchasing network that gets essential gear into the hands of health professionals without causing additional price pressure for state-led negotiations


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    BREAKDOWN: How Disruption Makes Humanity Stronger, Feat. Emerson Spartz Apr 06, 2020
    Show notes

    Second order effects are things that happen as unexpected outcomes of something else happening. These effects can create surprising causal chains.

    Take this for example: A pandemic makes everyone need to work from home leads to an increase in video calling leads to Walmart reporting that people are buying more shirts, but not pants.

    Emerson Spartz is one of the world’s foremost thinkers on virality and the internet. He founded Mugglenet - the world’s biggest Harry Potter fan site - as a middle school drop out, and would later found and raise tens of millions for Dose.

    In the past weeks, Emerson started an open crowdsourced document on the Coronavirus’ second order effects that has, itself, gone viral, especially among venture capitals and other investor circles trying to understand what the world looks like on the other side of this.

    Emerson brings a surprisingly optimistic perspective on where this could lead a generation of people who are now more fully plugged in to the internet than ever before.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    LTB!: BitTorrent Creator Bram Cohen on Coronavirus Second Order Effects and Improving on Bitcoin Apr 05, 2020
    Show notes

    In Today's discussion we'll briefly talk about some of the knock-on, or second order affects which the coronavirus disruption is having on our world today, and which may continue into the future. Then for the meat of the show we'll dig into specific areas where bitcoin could, or perhaps is being improved with the creator of one of the most impactful peer to peer technologies live in the world today.

    Shownotes for LTB! #433

    • Topic 1 - Second Order Impacts of Coronavirus Lockdowns
    • Social distancing and the revenge of the Hikikomori
    • Coronavirus second order effects
    • It’s an extroverts world but we’re all introverts this month
    • The AOL moment for Zoom meetings and arguing the potato
    • Interpersonal compression, zoomers and enforced quality time
    • Will overall deaths go down because of pandemic lockdowns?
    • The end of “Bus Mode” for Lyft and Uber
    • Autonomous vehicles, grocery deliveries and the last mile problem
    • Tampons, cocktail sausages and a very weird month
    • This episode is sponsored by eToro
    • A friendly government delivery service?
    • Opportunities in sterilization and social changes that’ll last
    • Automated cleansing cycles and Far-UVC
    • Internet infrastructure, Netflix social signaling and the recycling dilemma
    • Masks, headphones and the changing standard of social isolation


    • TOPIC 2 - How the creator of BitTorrent thinks he’s created a less wasteful, more distributed, more secure approach to Nakamoto Consensus
    • Decentralized systems and the critical success of BitTorrent
    • Naming projects, vegetables and a list of grains
    • Proof of Space and Time
    • Warehouses of computers, competitive money burning and Keynesian stimulus
    • Proof of Work works and that’s a huge accomplishment, but could be better
    • Centralization, Nakamoto consensus and Proof of Stake
    • Moats and losing the battle with ASIC-hard consensus algorithms
    • “Grinding attacks” as the competitive strategy
    • Fundamental economics, storage capacity and the loophole
    • Airdrops for something over-resourced and under-provisioned
    • Losing money on buying “farming” hardware
    • The early days of bitcoin mining with CPUs
    • Power and CPUs, GPUs, FPGAs, and ASICs
    • Hard Drives ,hard drives, hard drives and hard drives
    • Storing data as proof, but not peoples data is like Proof of Work; the work isn’t useful, it’s just a measuring stick that doesn’t need your name or a long term commitment
    • Printing lottery tickets with ASICs vs. a hard drive full of bingo cards
    • Proofs of Space need Proofs of Time
    • Less wasteful by using an underutilized resource
    • More distributed because excess hard drive capacity is already distributed and there is no “ASIC” equivalent possible for hard drives. Just better or faster hard drives
    • More secure because less wasteful and more distributed equal better security in distributed consensus
    • Breaking, tweaking and proving proofs of time and space
    • Miners don’t run data centers
    • UTXOs, message passing on-chain programming environments and walking a fine line between Bitcoin and Ethereum
    • Rate limiting wallets and reversible paper wallets
    • Improving colored coins
    • Decentralized exchange doesn’t need decentralized exchanges
    • Farming, pre-farming, farming rewards and trailing emissions
    • Why pre-farm?
    • Is it viable to farm with AWS?
    • Carrying hundred dollar bills and Chia’s business model involves loaning Tokens To Large International Companies
    • Covenants replicate many banking system benefits without requiring banks or centralization
    • Complexity, Bitcoin Script and Protocol Level Improvements

    This episode was sponsored by eToro.com, with music by Jared Rubens, Gurty Beats and Adam B. Levine. Today's show featured Bram Cohen, Andreas M. Antonopoulos, Stephanie Murphy, Jonathan Mohan and Adam B. Levine with editing by Jonas.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    RESEARCH: Miner Perspectives on Bitcoin Halving 2020, Part 1 of a New Podcast Series Apr 04, 2020
    Show notes

    In about 40 days, the world’s first and largest cryptocurrency by market capitalization, bitcoin, will undergo a pre-programmed block reward reduction known as the halving.

    Roughly every 4 years, bitcoin’s block subsidy rewards are cut by 50 percent in order to prevent currency inflation. Recurring halving events also ensure that total supply over time is capped at 21 million coins. It will take an estimated 64 halving events before the last bitcoin is mined. So far, there have only been two.

    To commemorate bitcoin’s third halving, CoinDesk Research is launching today a new weekly podcast series about the bitcoin mining industry. Each episode features discussions with leading experts in bitcoin mining hardware, operations and pool management on a variety of topics related to block subsidy reward reductions and their impact on the crypto markets.

    Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China.

    Discussing and debating this topic is Ethan Vera, head of finance at one of North America’s largest cryptocurrency mining pools Luxor Technologies. Also joining Kim and Vera on the show is Wolfie Zhao, a veteran member of the CoinDesk editorial team who specializes in news coverage on the Chinese bitcoin mining industry.

    For more information about the bitcoin halving, CoinDesk Research has recently published a 30-page explainer report on these events which features additional commentary from Vera and other mining industry experts. The report is free to download on the CoinDesk website.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    BREAKDOWN: Will DeFi Matter in a Post-Coronavirus World? Feat. Matt Luongo Apr 03, 2020
    Show notes

    Matt Luongo got his start in bitcoin in 2013. In 2016, he watched a pivotal moment where the sound money, digital gold narrative subsumed the payments use case for bitcoin. While he agreed, ultimately, with the important of bitcoin as a new reserve asset, he still wanted to build and found his way to Ethereum.

    Now his company is launching tBTC, a trust-minimized bridge between bitcoin and ethereum. Among other uses, it is a new solution to enabling bitcoin to be used as collateral in DeFi applications.

    In this conversation, Matt and @NLW discuss these narrative shifts, as well as what the role and narrative for DeFi might be in a post-Covid crisis world.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    BREAKDOWN: 5 Reasons for Cautious Optimism in Crypto Apr 02, 2020
    Show notes

    The economic outlook is grim. The jobless claims keep piling up and even the most intransigent states are shutting down business. There isn’t - yet - a realistic plan - for returning to any sort of economic normalcy.

    Yet in this bleak view, there are a handful of crypto indicators that suggest for cautious optimism. In this episode, @NLW discusses:

    • The crypto community’s volatility resilience
    • A significant uptick in Stablecoin issuance
    • Proof that bitcoiners have been buying the dip
    • Evidence that new audiences are finding their way to bitcoin (and perhaps with a sound money narrative in mind)
    • Binance’s acquisition of CMC and the power of M&A signals

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


    AFRICA: Using Bitcoin in Zimbabwe (Part 3 of a Six-Part Documentary Podcast Series) Apr 02, 2020
    Show notes

    After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 3 of her six-part documentary podcast series.

    In the first and second part of this six-part series you heard about the difficult living situation, the hyperinflation and about the multi-currency world that Zimbabweans have to live with since many years. In this - the third part - you will hear from two early bitcoin (BTC) adopters based in Harare. We speak about the different use cases for bitcoin, how it can be exchanged to U.S. dollar and RTGS [the Zimbabwe dollar], what the obstacles and pros are, about regulation and what the two online entrepreneurs want to tell people outside of Africa.

    In the third part of the six-part series about Bitcoin in Africa you will hear from two early bitcoin adopters based in Harare. Anita speaks with them about the different use-cases for bitcoin, how it can be exchanged to US Dollar and RTGS, what the obstacles and pros are, about regulation and what the two online entrepreneurs want to tell people outside of Africa.

    After the interviews Anita answers a listener's question about the possibilities for rural communities to use bitcoin.


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


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