The Power of Timelocking with Peter Dunworth - Freedom Footprint Show 30

In this episode, we're joined by our friend Peter Dunworth, bitcoiner and financial advisor from Sydney, Australia

We’ll get to know Peter and his experience introducing people to bitcoin in his day to day life, and we cover a whirlwind of interesting topics: from bitcoin’s immutable ledger and its informational nature, to the importance of self custody and the Time locking function of bitcoin.

Connect with Peter on Twitter: https://twitter.com/dunworth_peter

Check out Peter's website for his advisory services: https://www.thebitcoinadviser.com/

Peter's brother Michael's article on Timelocking: https://bitcoinmagazine.com/culture/bitcoin-is-time-traveling-energy

00:02:29 - Welcoming Peter Dunworth and Discussing Bitcoin Alive Conference

00:07:25 - Knut's First Conference (And Richard Heart Experience)

00:11:16 - Leaving a Legacy Visible on Bitcoin

00:14:40 - The Collective Knowledge of Bitcoin

00:19:06 - Bitcoin Incentivizes Collaboration Not Competition

00:21:35 - (Late) Introduction to Peter Dunworth

00:27:10 - Understanding Everything Divided by 21 Million

00:33:31 - Falling Down the Rabbit Hole

00:37:52 - Peter's Bitcoin Story

00:43:29 - Knut's Praxeology Book

00:49:28 - Timelocking - Bitcoin's Cold Storage Super Power

00:57:43 - Timelocking As Collateral

01:00:14 - Bitcoin Can Only Change for the Better

01:06:22 - The Implications of Timelocking

01:11:34 - Timelocking As Schrödinger's Bitcoin - Defense Against Quantum Attack

01:18:11 - The Benefit of Models Like Plan B

01:23:21 - Completely Rethinking the Fiat System With Bitcoin

01:27:38 - What Keeps Peter Up At Night?

01:30:22 - The Real Timelock Story (And Why Ethereum Is Trash)

01:34:48 - Wrapping Up - Where to Find Peter Dunworth

The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!

The show is sponsored by Orange Pill App, the social network for bitcoiners aiming to increase hyperbitcoinization in your local area. Download the Orange Pill App today! See https://www.theorangepillapp.com/ for details and connect with them on Twitter https://twitter.com/orangepillapp

The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit https://wasabiwallet.io/ and download Wasabi Wallet!

The Freedom Footprint Show is produced by Konsensus Network, the first #bitcoin only publishing house. Check out Konsensus.Network for Bitcoin books in more than a dozen languages, both original and in translation.

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