"Price inflation is the highest it’s been in decades. Labor participation is the lowest it’s been in decades. Wealth inequality is continually going in the wrong direction since 1971 and has accelerated during the QE period. The  bond markets are more volatile now than they have been in decades, and 2022 was the worst year for stocks and bonds since 1920. The ballooning of the money supply and growth of the debt-based monetary system is not a left versus right phenomenon — at least in America — both sides have presided over the destruction of the dollar’s purchasing power and the weakening of the banking system." — Brad Mills If the entire banking system is insolvent, if the fictional reserve banking means none of our deposits really exist, and we are in the midst of a potentially global banking crisis still unfolding, what does it mean for the money we have in the bank? What does it mean for our access, and for its purchasing power? And of course, what role does Bitcoin play in all of this? Don't miss this incredible breakdown of what is happening to our deposits by Brad Mills. Starting with Part 1... For the tons of extra data and sources to give the visual comparisons and tell the "story" of all this as it plays out, I highly encourage you to visit the link below to get a sense of what has been happening. Part 2 is coming soon, stay tuned: https://bitcoinmagazine.com/markets/the-banking-crisis-threatens-your-money Brad Mills on Nostr: npub1zjx3xe49u3njkyep4hcqxgth37r2ydc6f0d7nyfn72xlpv7n97ss73pvrl Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠⁠⁠https://bitcoinaudible.com/fold⁠⁠⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠⁠⁠https://swanbitcoin.com/guy⁠⁠⁠⁠) ------------------------------- "When the whole world is running towards a cliff, he who is running in the opposite direction appears to have lost his mind." — C.S. Lewis --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

With the Introduction of Ark, the new 2nd layer payments and privacy protocol introduced with Read_734. I left with a lot of excitement, but I still had a ton of questions, so it felt like time for a chat with Burak, the creator of Ark. We dive into the bigger picture, how this is similar to lightning, how it is different, and then in an attempt to piece together the working parts we go through a bunch of edge cases and detail exactly how the ASP, past owners of Ark balances, and current owners of Ark balances all respond to secure the ownership of their coins. Don't miss this one. This is Bitcoin Audible Chat #80 - Building the Ark with Burak. Don't forget to check out arkpill.me for more details. Here are a few of the links that Burak sent my way for more exploration. Let me know if you want me to cover one on the show! Shoot me a message on Fountain https://github.com/fiksn/awesome-ark https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-May/021720.html Burak's Nostr Pubkey: npub18aq8s3z9xl87e74twfk93mljxq6alv4a79yheadx33t9np4g2wkqrtmask Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget that Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠⁠⁠(⁠⁠⁠⁠⁠⁠https://bitcoinaudible.com/coldcard⁠⁠⁠) • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. Lets be 50k Sat buddies by signing up! at (⁠⁠https://bitcoinaudible.com/fold⁠⁠) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (⁠⁠https://swanbitcoin.com/guy⁠⁠) ------------------------------- “If you tell the truth, you don't have to remember anything.” ― Mark Twain --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message