Read_760 - Drivechain's Place in Bitcoin's Future

Published: Aug. 25, 2023, 4:59 a.m.

"To not die, Bitcoin must become more used. The current thesis accepted by most \u201cmaximalists\u201d is that Bitcoin will continue to be thought of as an investment and its price will keep increasing, the price movements will bring more attention to it in a virtuous cycle. Eventually enough people will\xa0want\xa0to hold it so they will start accepting it as a payment for goods and services and then it can start to be used as money."\nToday we dive into Fiatjaf's contribution to the sidechains, drivechains and scaling bitcoin to billions series as a follow up to James Obeirne's piece. Bitcoin can still fail, but what would make bitcoin fail and how can we avoid it? Is there a solution we've been sitting on untapped? Could drivechains prevent the undesirable future where the whole world simply ends up trusting custodians? Let's explore in today's episode. \n\nCheck out the original article at: \u2060\nThe place of Drivechain in Bitcoin\u2019s future \u2013 Fiatjaf\nIf you haven't been following this article series, then don't forget to check out last few reads for context at the links below:\nJames OB - Anthony towns - Blockstream - Drivechains\n\nCheck out our awesome sponsors and the offers they have for the Audible crew!\n\n 9% off the Coldcard with code BITCOINAUDIBLE, \u2060\u2060\u2060\u2060\u2060bitcoinaudible.com/coldcard\u2060\u2060\u2060\u2060\u2060\n Check out the KYC Free, simple, no management, Bitcoin merchant solution, \u2060\u2060\u2060\u2060\u2060Nodeless.io/guy\u2060\u2060\u2060\u2060\u2060\n Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. \u2060\u2060\u2060\u2060\u2060bitcoinaudible.com/fold\u2060\u2060\u2060\u2060\u2060\n\n-------------------------\n"One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain."\xa0 \u2014\xa0Thomas Sowell\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message