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, AustraliaWe’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_peterCheck 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-energy00:02:29 - Welcoming Peter Dunworth and Discussing Bitcoin Alive Conference00:07:25 - Knut's First Conference (And Richard Heart Experience)00:11:16 - Leaving a Legacy Visible on Bitcoin00:14:40 - The Collective Knowledge of Bitcoin00:19:06 - Bitcoin Incentivizes Collaboration Not Competition00:21:35 - (Late) Introduction to Peter Dunworth00:27:10 - Understanding Everything Divided by 21 Million00:33:31 - Falling Down the Rabbit Hole00:37:52 - Peter's Bitcoin Story00:43:29 - Knut's Praxeology Book00:49:28 - Timelocking - Bitcoin's Cold Storage Super Power00:57:43 - Timelocking As Collateral01:00:14 - Bitcoin Can Only Change for the Better01:06:22 - The Implications of Timelocking01:11:34 - Timelocking As Schrödinger's Bitcoin - Defense Against Quantum Attack01:18:11 - The Benefit of Models Like Plan B01:23:21 - Completely Rethinking the Fiat System With Bitcoin01:27:38 - 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 DunworthThe 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/orangepillappThe 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.Follow us on Twitter:https://twitter.com/FootprintShowhttps://twitter.com/knutsvanholmhttps://twitter.com/BtcPseudoFinnhttps://twitter.com/KonsensusNVisit our websites for more info:https://konsensus.network/https://bitcoinbook.shop/https://www.knutsvanholm.com/