CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

support dispatch: ⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/donate⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 102BLOCK: 791518PRICE: 3734 sats per dollar TOPICS: Good Money vs Bad Money, Early Bitcoin History, Onboarding the Next Billion People, Silk Road, Anti Fragility, EnergyThis chat was a continuation of our conversation on stage at Bitcoin 2023 to end the conference: https://youtu.be/kAdPCHY_RzYAdam on Twitter: https://twitter.com/adam3usJack on Twitter: ⁠https://twitter.com/jackmallersnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:00:37) Introduction and bitcoin events(00:02:11) Thanks to supporters and donation options(00:04:20) Introduction of guests(00:05:47) Discussion on the value of bitcoin(00:19:30) Bitcoin as a savings technology(00:27:17) Volatility and challenges in emerging markets(00:38:14) Why bitcoin has been successful compared to previous attempts(01:08:12) Volatility of bitcoin and its potential stability in the long term(01:22:53) Onboarding the next billion users to bitcoin(01:27:14) Different trade-offs in using exchanges and custodial lightning(01:28:10) Liquid as a trade-off between centralized exchanges and noncustodial options(01:29:44) Advantages and risks of using Liquid for trading and rebalancing Lightning channels(02:09:29) Bitcoin's future and scalability(02:10:26) The value of free markets and the maturity of bitcoin(02:11:24) Disappointment in backtracking on bold predictions