On today’s conversation with Daniel Hinton and Steve Jeffress, they talk about the idea of financial oracles and how the price of Bitcoin in US dollar terms is passively showing up in the data of the Bitcoin blockchain.
IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:39 - What is an Oracle and what is it needed for? 06:42 - What is a UTXO? 08:29 - What price information was discovered in the Bitcoin blockchain? 10:17 - How was it found? 10:17 - What are some other interesting things that have been found in the "heat-maps" of the data? 31:32 - How could this discovery be used in the future? 32:54 - Can you see the Hodl-waves in the data? 47:34 - What are some of the more important things to focus on in Bitcoin?
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
UTXO.live to view the heatmaps.
Daniel Hinton's Twitter.
Steve Jeffress's Twitter.
A paper describing the UTXOracle: A Decentralized Approach to the Oracle Problem.
Daniel's education Website: RunBitcoin.org.
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