Peter Todd on the Essence of Bitcoin [x69XY-znpPf]

In this episode, I talk with Bitcoin legend Peter Todd. We talk about the essence of Bitcoin, why it worked whether other attempts at digital currencies failed as well as key topics such as fungibility, lightning and why other projects are scams. LISTEN TO THE FULL EPISODE HERE AND ACCESS LINKS TO THE SHOW NOTES WHERE TO FIND THE SHOW → My website: → iTunes: → Spotify: → Stitcher: → SoundCloud: → YouTube: → TuneIn: LISTEN TO OLD EPISODES → By guest: → By topic: → Transcriptions: SUPPORT THE SHOW → → Become a Patron: → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on [email protected] WHERE TO FOLLOW ME: → Twitter: → Medium: → Instagram: → Facebook: → YouTube: → Website: → Email list: LEARN ABOUT BITCOIN & CRYPTO: → Step by Step Guide: → Training: → Resources: ***** “Anyone who understands economics and finance and how markets work will be a maximalist because it is more efficient to have one currency than a bunch of ones.” — Peter Todd Interview location: Las Vegas Interview date: Saturday 26th Jan, 2019 Company: Freelance Role: Applied Cryptography Consultant There were many attempts at creating a digital currency before Bitcoin, all failing for different reasons. Bitcoin brought together a number of ideas to solve the double spending which has enabled it to flourish for over a decade. Peter Todd is one of a select few who can think about and understand Bitcoin at such a level that they can hold influence over ideas for its evolution. I managed to get the chance to sit down with Peter at Tone Vays Unconfiscatable conference in Las Vegas and discuss the history of Bitcoin, why it worked when other digital currencies failed. We also discuss other relevant topics in the world of Bitcoin including scaling, Lightning and Fungibility but we also consider why other projects are scams and should not be trusted. ***** 00.02.30: Intro and welcome 00.03.13: How Peter got involved as a teenager with digital currencies 00.05.30: Peter’s ideas for created digital money 00.06.44: Why Bitcoin was the solution 00.11.09: What is Bitcoin 00.12.22: Peter’s early involvement with Bitcoin and view on Bitcoin after 10 years 00.17.23: Scaling and block size 00.21.12: Security risks with Bitcoin, mining rewards and inflation 00.27.19: Problem with Ethereum 00.40.24: The use cases for a blockchain: Bitcoin and Stablecoins 00.41.50: Privacy coins 00.47.13: Ripplecoin 00.49.28: Incentives for developers 00.52.55: Bitcoin Core architecture 00.54.42: Fungibility 00.58.05: Open Timestamps 01.03.19: Thoughts on journalism 01.05.59: Censorship #apple pay bitcoin #geld auf bitcoin wallet überweisen #bitcoin krs #deutsche bank bitcoin kaufen