Mr. L

Today I have a special treat for you. I just spent a couple of days with the amazing Jeff Booth in the beautiful mountains of Tyrol, Austria. The setting was the European Forum Alpbach, where I hosted a couple of sessions on Bitcoin and money featuring the likes of Jeff Booth and the equally brilliant Izabella Kaminska.Let’s just say: the Normies are ready! :) I haven’t seen reactions this positive yet.So here is my fireside chat with Jeff - in front of an audience of students from Club Alpbach Liechtenstein, who invited us to their house.The first part is a conversation between Jeff and me, for the second part Jeff answers a couple of interesting questions from the audience. Oh - and afterwards Jeff showed everyone how to use Nostr. :)Enjoy!Best,NikoContact:fixthemoney@substack.comNiko: @nikojilch / nostr: npub1st4elxz4dphx2qxpuaklvs855zetnkglu8dvszdxamgqn5q3pk5svflv5pYaël: @yaeloss / nostr: npub15dnln6cukw3yrflnv3hnrntdt9amh0uw466u6tns05ymqp3nal4qzz3lfcThis episode is sponsored by…21bitcoin - The easy way to buy, sell, save and send Bitcoin.21bitcoin is a Bitcoin-only app, not an exchange. No distractions, individual savings plan, very low fees, first-class personal support, and a German bank account. Based in the Austrian Alps, available throughout Europe. Download now.Use code “FIXTHEMONEY” to get up to 20% off your fees :)Not your keys, not your coins! You need a hardware wallet. Check out the Bitbox02 - Swiss-made, secure, beautiful, open source, Tor support, Bitcoin only and all-around awesome!Use code “FIXTHEMONEY” to get 5% off :) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.fixthemoney.net

I'm joined by guests Calle, Eric Sirion, Odell and Rijndael to discuss ecash. Discussion Topics: 00:01:30 Guest introductions 00:02:59 Chaumian ecash origins 00:08:04 ecash integration with monetary networks 00:13:49 Technicals of ecash 00:23:17 Supply and auditability 00:27:07 Is ecash the third layer of Bitcoin? 00:33:48 Cashu 00:38:12 Fedimint 00:45:09 Federated signing and sovling the double spend problem 00:51:26 Fedimint tradeoffs 00:55:24 How does the federation work? 00:57:34 Fedimint denomications problem 00:58:44 How is a federation formed? 01:03:49 Comparing Fedimint to liquid 01:07:55 Ease of use setting up a mint 01:10:14 Running a federation/setting up a mint 01:18:26 The open source movement 01:24:03 Proof of reserves in ecash 01:39:35 Onchain vs lightning mints 01:42:21 Auditability and proof of liabilities 01:45:04 Fedipools 01:51:08 Scriptable ecash 01:59:36 Nostr + ecash 02:03:52 Naming ecash units of account 02:06:26 ecash integration and intercompatability 02:11:49 Final thoughts Notes & Resources: Fallacies of distributed computing [Wikipedia] Fedipool: Fedimint Could Mitigate Bitcoin Mining Pool Concerns [Odell] Fedimint [Website]/ [Github] Fedimint Primer [Bitcoin Design] Cashu [Website]/[Github] Nutstash eCash for Better Bitcoin Privacy [MAX MONEY 21M] Cashu Tutorial - Chaumian Ecash On Bitcoin [BTC Sessions] Links & Contacts: Website: https://bitcoin.review/Podcast Twitter: https://twitter.com/bitcoinreviewhq NVK Twitter: https://twitter.com/nvk Telegram: https://t.me/BitcoinReviewPod Email: producer@coinkite.com Nostr & LN:⚡nvk@nvk.org (not an email!) Full show notes: https://bitcoin.review/podcast/episode-31