BTC146: Broken Money 2/2 w/ Lyn Alden (Bitcoin Podcast)

<p>In the part two of a two-part discussion with Preston Pysh and Lyn Alden, they talk about the merging of a credit based money ledger system with a commodity backed money system into a single new technology, which is Bitcoin.&nbsp;</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>01:22 - Why money has been at the crux of global conflict since time immemorial.</p><p>16:08 - Why can't a government entity just fire-up 20,000 nodes and try to fork the code?</p><p>33:41 - Lyn's thoughts on Gresham's law and Bitcoin.</p><p>41:23 - What would a bitcoin would look like with no unit abstraction?</p><p>47:13 - How do Taxes change in a bitcoin world?</p><p>49:04 - Does Bitcoin need smart contracting to compete with other protocols?</p><p>57:43 - Why couldn't Adam Back improve the Bitcoin code?</p><p>01:02:25 - The privacy trade-off is something that many want, what is Lyn's point of view?</p><p>01:06:02 - What is the fundamental trade-off between PoW and PoS?</p><p>01:06:02 - Lyn's discussion of volatile vs non-volatile computer memory when trying to understand PoS and PoW.</p><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Lyn Alden’s book, Broken Money –&nbsp;<a href="https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6?&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=287acfeda4d0674f9521f600265a47f2&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Read reviews here</strong></a>.</li><li>Listen to Part 1 of the discussion with Lyn Alden about <a href="https://link.chtbl.com/WSB574" rel="noopener noreferrer" target="_blank"><strong>Broken Money</strong></a>, or watch the <a href="https://www.theinvestorspodcast.com/episodes/broken-money-1-w-lyn-alden/" rel="noopener noreferrer" target="_blank"><strong>video</strong></a>.</li><li>Listen to our interview with Lyn Alden abo