My God...I thought I was Orange pilled before listening to this. That was absolutely incredible, relating POW to evolution and sapiens development. With this young man advising the upper echolons of Government and defense, I think the future of Bitcoin and POW could be absolutely mind blowing.
@antoinedesjardins6752
2 жыл бұрын
I know, right!? It's like re-orange pilling yourself.
@OrmondOne
2 жыл бұрын
Jason’s ability to breakdown complex subjects keeps you engaged the entire time. Request for a quarterly Jason deep dive into various subject matters that match with the shows vision.
@tj78492
2 жыл бұрын
He's basically been doing that on Breedloves channel
@PikaBane94
11 ай бұрын
This kind of stuff being free to watch on the internet is truly amazing.
@Peranine
2 жыл бұрын
Absolutely stunning conversation.
@kylescott6421
Жыл бұрын
Outstanding indeed. Just right on the money.
@simonseverino
2 жыл бұрын
Magnificent. Thank you for doing this Jason and Preston!
@EveryDayWalkingWithChrist
2 жыл бұрын
EPIC! MUST WATCH!!! Thank you Preston and Jason!
@aowsbaker8449
2 жыл бұрын
Just when I thought I understood everything about Bitcoin.. this is amazing content.
@JuiceBox_Miami
2 жыл бұрын
Thank God for Jason Lowery! The depth of knowledge that flows from this young man’s mind is simply amazing!
@Satssetyoufree
2 жыл бұрын
Jason brings a truly unique perspective to help our understanding of Bitcoin. The Bitcoin network is so much more valuable than just a monetary system.
@chrishayes8012
2 жыл бұрын
Not only are we lucky to have Jason, we need him.
@cmc8553
2 жыл бұрын
And Preston 😎
@yvrytry5rc
2 жыл бұрын
Jason lowery is a modern day hero
@jehannekejup7142
2 жыл бұрын
We don't need him, or anyone. But I do appreciate his work.
@RedPillDiaries
Жыл бұрын
need implies lack of decentrali2ation / single point of potential failure
@dingfeldersmurfalot4560
Жыл бұрын
I'm glad he's on OUR side.
@00JamesMoody00
2 жыл бұрын
Cutting edge thinking, absolutely grounded in reality and logic. Fantastic to listen to
@lookatthetrees7494
2 жыл бұрын
2 of my favorite guys to listen to. Thanks Preston and Jason!!
@abovemypaygrade491
2 жыл бұрын
Great high level convo
@mdubore
2 жыл бұрын
Good shit Jason, best explanation on computer and software abstraction i have ever heard.
@larryblock4638
2 жыл бұрын
This is the Tip of the Spear of knowledge to be able to understand WHY Bitcoin POW is Superior to all other consensus mechanisms (POS.). I have goosebumps listening to this and can’t believe I get to participate and learn “real time” as the World’s powers structures are at war with each other (currency wars, God King’s, and Protocols.). All I can say is THANK YOU Jason & Preston!You both are improving the depth of my understanding and the quality of my life!🙏❤️
@mkmstillstackin
2 жыл бұрын
Fantastic conversation. Thanks Preston and Jason!
@reidjohnson3964
9 ай бұрын
I’ve listened to this 3 times over the last year and it gets better every time.
@factoroftime
2 жыл бұрын
lots of wow moments. Thank you guys.
@lenjohnson5343
Жыл бұрын
Thank you, Jason. I have just begun my journey down the rabbit hole. Wow, this interview has opened my eyes.
@backseatstudios6903
7 ай бұрын
I keep coming back to this interview and it keeps blowing my mind 🤯
@ryszardmacko6306
Жыл бұрын
Wow! This, indeed, is one of the best interviews I've watched! Saved for future re-watching. Thank you gents. Cheers!
@heydude696969
2 жыл бұрын
Always fascinating listening to Jason and Preston discuss PoW vs. PoS.
@MothershipVR
7 ай бұрын
This is great. Listening to Jason makes me want to get some more hashpower
@jerricknaylor9686
2 жыл бұрын
Jason is king
@ckniffen7111
2 жыл бұрын
God King
@ricp
10 ай бұрын
Thanks so much for this great conversation!!!
@laurentscheercousse3856
Жыл бұрын
Masterpiece podcast to keep in the shelve with what is money show Saylor/Breedlove… 🙏🙏🙏thank you so much gentlemen’s !
@shareurtube
Жыл бұрын
Without a doubt this is the most impressive video about cyber currency and points brought up by Jason Lowery. After watching your video Preston I cannot say enough good things about it. The one profound statement that hit the hardest was what Jason said about letting Bankers be in charge of bitcoin. For God's sake they should not be in charge of protecting our Cyber Dome and only allow those people who can keep up with what Jason is trying to convey to America. Thanks again Preston for this was a very important video.
@bridgerlogan1923
2 жыл бұрын
Proof of work is the best 'spent' energy you could use. PoS is just a fiat model, thats why the WEF is in love with ETH all of a sudden. Can be controlled by large stake.
@robertrichards4930
2 жыл бұрын
Eth is crap.
@discodisco3063
Жыл бұрын
@@robertrichards4930 That's why the community is slowly moving to Ethereum Classic
@kylehoorn5192
2 жыл бұрын
Incredible conversation.
@DisperseControl
Жыл бұрын
This is a brilliant interview and inspires what I want to do professionally. Great work, thank you
@azdjedi
11 ай бұрын
Great. Good explanation of pow
@pran10000
2 жыл бұрын
Thank you gents!! Excellent stuff.
@Hugo-ew2ko
Жыл бұрын
Jason is incredibly intelligent & knowledgeable. Great to see how interested he is in these subjects
@aross777
Жыл бұрын
This is one of the most informative and useful discussions I have heard. Thank you to Jason and Preston for putting this out!
@anzori2002
2 жыл бұрын
Mind blowing! Thank you!
@jksmithiii
Жыл бұрын
Great stuff with Jason Lowery. Thanks Preston Pysh. We need to redefine the whole Bitcoin maxi narrative, because it's too easy to pick at. This is a PoS vs PoW issue, and how any property, no matter what it is, must be protected. Imagine if cryptographic algorithms in general could be challenged by PoS instead of PoW.
@pyxis55
Жыл бұрын
🤯🤯🤯🤯🤯🤯The deeper I go, the more steadfast I get. Profound stuff, Preston.
@anesskattan6259
2 жыл бұрын
Amazing chat
@SpringismySeason
2 жыл бұрын
Mind blown!🤯
@fadibataineh2379
2 жыл бұрын
Thanks for your effort guys, great video
@jaareshiahq2106
Жыл бұрын
Elite interview, Jason does a great job of explaining the basis of human society and how exponentially impactful bitcoin is and will be
@LiborTinka
Жыл бұрын
As a former software engineer I was looking into Algorand's PPOS (Pure Proof of Stake) to see whether I am (as a Bitcoin user) really not missing something important... it seems the whole network actually relies on some 100 so called Relay Nodes, which need to be servers handling many connections, with public address AND publicly listed. So this again boils down to the problem of authority taking over the protocol.
@End_The_Fed
Жыл бұрын
Incredible - thank you, Jason!
@copenhagen995
2 жыл бұрын
Epic
@gianboontiong
2 жыл бұрын
Excellent discussion. Many thanks..
@ckniffen7111
2 жыл бұрын
Preston is good cuz he listens.
@sarros13
Жыл бұрын
Thank u for providing this amazing interview!!!
@michaelbhatti6846
Жыл бұрын
Most interesting video I’ve ever seen on pow vs pos. Amazing!!
@shinforex
Жыл бұрын
the best podcast breakdown philosophic ideas
@TheBitcoinRevolution
2 жыл бұрын
The Keys to the Kingdom. Pow!
@ThePhilosophyDoctor
Жыл бұрын
Fantastic! A lesson in Ontology! Proof of Stake - a sign with a drawing of a guard dog. Proof of Work - a real snarling dog guarding your house. It's like saying the sign can do the same thing as the real dog. The drawing of the dog is an abstraction from the real thing. The communication is meant to make you believe there is a real dog there. And it is using the fact of the real thing (guard dogs) already existing to deceive you.
@auralenergy9082
Жыл бұрын
Wow! Just wow!
@Angus1507
2 жыл бұрын
Mind opening. Thanks gents.
@JNorth87
Жыл бұрын
Is Entropy the decentralization mechanism of energy?
@andyt2363
Жыл бұрын
Brilliant discussion, very philosophical and interesting comparisons
@kieranmoriarty8366
2 жыл бұрын
Need more of this
@pdizzle8568
Жыл бұрын
Finally more Jason P Lowery content!
@chucksirois1142
Жыл бұрын
thank you guys for the wonderful intellectual presentation and the clarity of your message. you and others are my god kings😁
@coinborg8305
2 жыл бұрын
Lol all the people who shit on Jason on Twitter for being a spook or something are so dumb. Listen to what he says. What he’s saying is factual and provable. I don’t see any mental gymnastics going on here. It’s all based on first principles and historical references. Bravo!
@PrimordialEconomics
Жыл бұрын
If anything his thesis flies in the face of the high ranking members of our system who are corrupt and regularly choose to exploit and abuse their control authority over the money printer.
@hametly254
Жыл бұрын
Dude is so smart and a joy to listen to. Can’t believe this shit is free!! OneLove…
@gommaardhulst
2 жыл бұрын
A conversation at the highest level of human intelligence
@QuadTap
2 жыл бұрын
what Preston says at 1:53:00 is profound
@beast7815
2 жыл бұрын
Jason the GOAT fucking love this guy ! Did he write a book ?
@abkg84
9 ай бұрын
Wish this was in my curriculum growing up together with all the stories being told in religion class., like an interesting story nature class, but a simpler word for it, not using the word bitcoin.
@jacobhower1291
Жыл бұрын
The domestication of men in America is intentional. J. Peterson speaks to this as well. Great insight Jason.
@PrimordialEconomics
Жыл бұрын
Humans self-domesticated over thousands of years.
@Mike-lz2ef
10 ай бұрын
wow..I want to send this out to everybody I know...but they just won't get it...I barely get it
@mlscaramouche
2 жыл бұрын
Mind continuously expanded. Holy sh*t.
@gaudykyle101
Жыл бұрын
Go and watch to 1:55:00 - 2:03:25 he perfectly verbalizes the “so what” of bitcoin. MIND BLOWING!!!
@LusoCMD
Жыл бұрын
So good!!
@ambrose391
Жыл бұрын
Loved this you Blokes, well done!
@CSanderson
2 жыл бұрын
When I listen to Jason, Preston, Saylor, Saif, Breedlove… I realize my brain is a 4 cylinder rustbucket while these guys are rolling a v12 sedan! 🤯
@Steve.191
Жыл бұрын
Sweet. Confirmation is wonderful 👍
@DIRTYWORKER1000
Жыл бұрын
Jason will become the Carl Sagan of cyberspace one day.
@bruteht4655
Жыл бұрын
I'd love to hear a discussion about using proof of work to constrain A.I.
@AlexBeau
Жыл бұрын
This is blowing my mind
@robleduc2410
2 жыл бұрын
Time stamp for reference 1:24:36. Governments could also simple print fiat to purchase mining equipment to capture control of a proof of work system. Kinda easy actually. How is this any less cunerable than proof of stake? Actually with a organically grown proof of stake network, so much of the supply is out of circulation. This actually stands to function better than proof of work in your analogy if the impacts of money printing.
@TheIaTaI
2 жыл бұрын
The point of bringing up this analogy is to highlight unbounded vs bounded systems. In PoS, it would be indefinite for an entity to capture 60% of circulating supply as there is a cap on circulating coins. While in PoW capturing 60% would cause honest miners to increase there hash rate as there is no cap on energy abundance.
@robleduc2410
2 жыл бұрын
@@TheIaTaI Thanks for the comment, but just not getting it. But back to the question, couldn't " a bad actor" print a bunch of fiat and purchase miners to steal a pow system? That is if they captured 51% of the hash power?
@TheIaTaI
2 жыл бұрын
@@robleduc2410 In both PoW and PoS a "bad actor" can technically print money and attempt a chain attack - albeit at the expense of said money debasing (a heavily defended chain would require more printed money in order to have a successful attack, which would lead to more currency debasement). As an analogy, imagine an attacker discovering two honeypot chains and both are in the best interest of the "bad actor" to attack: One is heavily guarded by real world limitations (Power/Watts) and the other is guarded by an abstract version of power. Regarding my previous comment. In case of an attack, it is in the best interest of honest actors to defend their chains. PoW is defended by honest actors plugging in more miners to increase their % of hash rate (hash wars), there is no upper bound to how much energy can be plugged in. In the case of PoS there is an upper bound, which is the total supply of coins that are circulating, once a bad actor acquires a majority stake, it is over
@robleduc2410
2 жыл бұрын
@@TheIaTaI That makes sense. So if the majority of coins in a POS chain are staked and supporting the networki a bad actor would not be able to achieve majoirity stake. Which chains with thousand of nodes and a large distribution is so important
@philippelelong2101
2 жыл бұрын
@@TheIaTaI the state attacker could also just seize mining operations for free. Yes, pow is a quasi unbounded resource, but also jot really. You need the energy and the hardware. So you might be able to regain power at some point, but it might be too late then.
@ProfitMaximazer
Жыл бұрын
A podcast with Jason Lowery and Michael Sailor together would be amazing
@wayfinderMatt
Жыл бұрын
01:23:34 Regarding Nations printing fiat to gain more stake. couldnt they print fiat to build more solar farms too and get more pow? thx
@farkasgr
Жыл бұрын
with this you just increase the demand for solar farms which increases the price. So at the end you have to buy solar farms for infinite price.
@sebrock
Жыл бұрын
37:48 One remark regarding bees' stingers. Bees sting to defend themselves from other insects that threaten the hive and when this happens, the bees manage to survive. In fact, a bee does not always die after using the sting. For example, if a bee attacked an insect with a rigid exoskeleton , it would be able to retract the sting without problems. The situation is different when the bee attacks the human being, or better yet, defends itself against the human being or other mammals. In that case you are right, when the bee flies away, its sting remains stuck in our epidermis, detaches itself and with it also part of the bee's internal organs remain attached. In this way, the bee dies.
@arminasalksninis
Жыл бұрын
I would not talk like this on a first date lol I think this totally explains the power of Bitcoin while at the same time explaining why it might take some time for the general public to get it….
@plyersonmain733
Жыл бұрын
Bitcoin technology as nextgen power projection… paraphrasing: it makes no more sense to ask a banker about Bitcoin tech than it does to ask a medical doctor about gunpowder. Brilliant insights.
@dev77799
2 жыл бұрын
should invite Vitalik to answer some questions in this interview. I bet he can't. Great evolutionary explaining done here
@learningtofly7840
2 жыл бұрын
Good video. However, can anyone address the real problem with btc? Poor people need btc, right? But they don’t have the knowledge to do so and better yet they can’t afford to buy btc. Btc is hard to understand, difficult to buy, and even harder to store. Btc is great for all you rich people that bought early. But btc in it’s current state is definitely not great for the poor - poor people that truly need it.
@hyperbitcoinizationpod
2 жыл бұрын
Wattage is not enough explanatory. It's also about where and how that power is delivered. A wolf with less wattage could overpower a wolf with more wattage, if it's more cunning and smarter about its power allocation/delivery.
@Ryan-xq3kl
2 жыл бұрын
true, the way in which difficulty is found is the unique and useful part of the equation
@mountainbeachman
Жыл бұрын
@ 1:35:50 -ish LOVE Jay's smile 😃!!
@jcadams8232
2 жыл бұрын
Old Testament Jabal in Genesis is considered the inventor of possession. His labor, sweat of the brow, managing the cattle on the commons created his right to exclusive possession of the cattle. Source: Rutherforth's Institutes on Natural Law, 1832. Note, too, that a stakeholder is defined as a non-owner in the dictionary. Property owners are stake owners, not stakeholders. Stakeholders are those trusted with the possession of the money involved in a bet to await the result of the game.
@MichaelRosmer
Жыл бұрын
While intellectually interesting I find this arguments makes a bunch of logic leaps that are inaccurate & fails to recognize pieces behind the abstractions that cause them to work. In other words, those abstractions aren't simply arbitrary, they are a derivative of an underlying set of realities. The abstractions yes inherently have some unique properties that don't fully or accurately represent the underlying realities in all cases but generally that's where they are derived from and this has important implications that undermine a lot of the arguments made here.
@doowey22
Жыл бұрын
consider: Discussion relative to 'abstract power projection' relative to presumptive trust conferred upon those using abstract power to control property or resources. Note: given common law, public servant (principal) in "office", is bound by oaths or affirmations to support and defend constitutional language. The abstract power cannot exceed common law.... cause harm, injury, loss or damage.
@balcobulls
Жыл бұрын
As they talk of domesticated animals not surviving in the wilderness. If these domesticated animals understood what was in the wilderness and could gossip...I would assume it would sound very much like domesticated cultures today, fearful of the rest of the "dangerous" world. The world stayed the same however, though the fearful have been domesticated.
@copenhagen995
2 жыл бұрын
Beauty
@hyperbitcoinizationpod
2 жыл бұрын
I would also say that one doesn't exploit cats. Cats exploit us.
@abovemypaygrade491
2 жыл бұрын
I’m a huge fan of bitcoin. Buttt what is your take on feasibility of blockchain tokens issued by third parties backed by gold? Many people argue that it requires third party trust and bitcoin does not. I agree, but insurance requires third party trust aswell and everyone has car insurance.
@BugInJim
2 жыл бұрын
Why does everyone have car insurance?
@abovemypaygrade491
2 жыл бұрын
@@BugInJim good point
@OPIXdotWORLD
2 жыл бұрын
@@BugInJim because we have a crooked system run by crooks
@OPIXdotWORLD
2 жыл бұрын
third party trust ?...say no more... who can u trust to really verify gold that is not in your own hands...?
@abovemypaygrade491
2 жыл бұрын
@@OPIXdotWORLDtrue
@samd1084
11 ай бұрын
Well derrr.
@dingfeldersmurfalot4560
Жыл бұрын
I'd like to hear him talk about gun control. Great guest everywhere I've seen him.
@bhriscannan2080
Жыл бұрын
What do you think of a hybrid layer 1, primarily POW with stretch capabilities on POS? That should help address the blockchain tri-lemma
@Nomenius1
Жыл бұрын
Flexibility was the same argument that was used to push the federal reserve act.
@Onesien
2 жыл бұрын
I would add to the computer science abstraction thread that all these abstractions are our way to understand/interact with/manipulate all the energy that pervades the entire universe
@Pappaous
2 жыл бұрын
Preston, Proof of Stake? Or, Proof of Steak?
@johnnyblackrants7625
Жыл бұрын
Cool topic, but had to play at 1.5x speed. Great is a SUPER slow talker lol.
@thestonemaster81
2 жыл бұрын
Wow cost-benefit analogy was so good I thought of Ross Aldrich he had all those bitcoins he made a lot of money he was definitely a honey pot but he had no Defense
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