Premium Only Content

Life on Bitcoin - Edition
Site - bit.ly/SobreCripto
In the early days of Bitcoin, a few idealistic individuals attempted to live entirely on the bitcoin currency. Nine years and an abundance of technological developments later, is an entirely closed-loop bitcoin economy possible, or even useful?
Join hosts Jonathan Mohan, Stephanie Murphy and Andreas M. Antonopoulos as they reflect on bitcoin’s evolution as a currency and commodity. In the early days, an era of retail adoption as merchants began to accept bitcoin from their customers seemed to point to a bright future for daily bitcoin use. The 2013 IRS addendum treating bitcoin as a commodity, rather than as a foreign currency, quickly made transactions a burden with onerous tax reporting requirements, dimming that retail bitcoin future.
In the time since, the crypto community has adopted a HODL mindset. Why spend bitcoin if it’s disinflationary in nature and will bring you more value in the future? Those idealistic individuals' dreams of bitcoin as a daily currency may no longer align with bitcoin's maturation.
Developments in layer 2 technology, like the Lightning Network, have allowed experiments in bitcoin as legal tender to be not only a possibility, but a pragmatic choice for governments like El Salvador’s. With news of Ukraine considering following in El Salvador’s footsteps, will clusters of closed-loop bitcoin life bloom around the world?
Do you have any questions or comments? Send us an email at adam@speakingofbitcoin.show
Today's show featured Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan. This episode was edited by Jonas, with music by Jared Rubens and Gurty Beats. Our album art is based off a photo by Ishan_@seefromthesky on Unsplash, modified by Speaking of Bitcoin
-
6:15:31
SpartakusLIVE
12 hours ago#1 BIG BRAIN releases the FULL POWER of his CEREBRAL DOMINANCE
114K10 -
57:19
Man in America
20 hours ago🚨 Disaster Expert: Weather Warfare Hasn't Stopped Under Trump—Are You Ready for What's Coming?
65.3K139 -
1:32:38
elwolfpr
12 hours agoHappy Sunday COD Night: Rumble Stream LIVE!
95.6K8 -
5:40:13
412 Productions
12 hours ago $6.36 earnedSunday night gaming - 7 Days to Die
59.8K4 -
2:16:02
Nerdrotic
14 hours ago $19.45 earnedUFO Reality Revealed | New Homos | Jacques Vallée Remote Viewing | Forbidden Frontier #094
80.7K23 -
1:06:38
Cooking with Gruel
1 day agoCooking with Michael Franzese
37.6K5 -
16:53
Chris From The 740
17 hours ago $7.52 earnedMec-Gar Glock Mags Review: Don't Believe The Hype!
59.3K15 -
2:27:16
vivafrei
20 hours agoEp. 255: NO CONSTITUTION IN SEATTLE! Trump Invokes Alien Act! Hail King Carney! Green Card Revoked!
218K233 -
3:02:01
Pepkilla
16 hours agoCod FEesh
92.9K5 -
4:04:33
GamerGril
17 hours agoE-GRIL HOT TUB STREAM EXTRAVAGANZA
95.9K18