TD₿: The Death of the Petrodollar? Rumors, Truth & Hope - (a Swan video) with Ser Ulric
TL;DR: The petrodollar monopoly benefits a few.. As fiat declines, Bitcoin rises, and rival nations advance, the free market may reject the petrodollar, energy in a decentralized way.
Hey Bitcoiners,
Sensational baseless stories will surely arise with something as polarizing and impactful as the petrodollar, but that does not make the problems it causes any less significant. The monopoly on oil transactions by the petrodollar system enables an array of benefits for a select few.
In this Swan original, Ser Ulric discusses how the demise of fiat, the rise of Bitcoin, and the advancement of rival nations create a future where the free market will reject the petrodollar and price energy in a novel, less centralized way.
Enjoy!
Tick tock next block,
Cory Klippsten
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Quote of the Day
“The decentralization of the Bitcoin network is driving the decentralization of energy production and pricing markets. The accurate pricing of the energy using proof-of-work (PoW) calculate the cost down to the satoshi is perhaps Bitcoin’s killer app.
It represents one of the most important trends in human history. We require one planetary-scale PoWork system to offer humanity true independent energy immutability.”
- Drew Mealey
Job of the Day
The Company
Swan is a leading Bitcoin-only financial services company supporting individuals and companies throughout their Bitcoin journey. We hire passionate Bitcoiners who want to work with a self-motivated and fully distributed startup team.
The Role
Swan is looking for a Senior Payment Fraud Engineer with significant experience with payments fraud and risk systems at scale at Bitcoin or crypto exchanges to improve and scale up an already sophisticated suite of tools, automations, and agent workflows.
Your Responsibilities
Lead the design and implementation of fraud detection systems and processes.
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Work closely with our payments risk team and data analysts to implement workflow improvements.
Ride along with risk agents to Identify new patterns and build systems and processes to reduce risky behavior while focusing on positive experiences for user onboarding.
Work on systems to improve user experience for good actors through lowered lock times and higher purchasing limits.
Evaluate new system vendors and constantly educate yourself on new risk and attack vectors to stay a step ahead.
Mentor junior engineers and contribute to the professional growth of the team.
Skills and experience that will help you succeed
Mid to senior level experience (5-10 years) with web-based and REST based API systems in a scaled startup environment. Title based on experience.
At least 1 year at a major Bitcoin or Crypto company dealing with fraud at scale.
Excellent communication skills, desire to own and lead a product from concept to execution.
Solid understanding of principles of code organization and modularization.
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A true passion for Bitcoin as a world-changing monetary innovation. We’re not a crypto or blockchain company. We don’t care if you’ve done any of those things in the past, but here we’re all about onboarding people into Bitcoin!
Familiarity with our stack (Node/React/Postgres) is a plus but not required.
Data science background a plus.
Here's a bit about our culture
We’re a growing team: Fully distributed across the world, Slack and Huddles are huge here.
We’re very flat: Leadership is desired and encouraged; we hire people who care about and use the product they are working on.
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Event of the Day
Bitcoin 2024 - Nashville
Music City Center
July 25th - 27th, 2024
Connect with the best and brightest in the Bitcoin community at the Bitcoin 2024 Conference! Scheduled for July 25-27, 2024, at the Music City Center in Nashville, TN, this event is a must-attend for anyone interested in the future of this transformative digital currency.
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Kickoff Party: The festivities begin with a 12-hour all-inclusive "Pleb Party," where attendees will mingle with notable figures from the Bitcoin scene. This year, Swan Bitcoin is sponsoring the Pleb Party at 2024 Bitcoin Nashville on July 25th.
Buy tickets here.
Tickets: A range of ticket options are available, from general admission to VIP packages with premium seating and exclusive amenities. Additionally, there's a unique offer for students, providing free entry to foster education and participation among the youth.
Organized by: BTC Inc., known for its pivotal role in the community through Bitcoin Magazine.Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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