19 thoughts on “Bitcoin is Turing Complete in Three Different Ways”

  1. I'm confused, you say bitcoin is scalable, btc or bsv? Can't the bitcoin network be used to crack a person's private key. All that computational power, could it be used maliciously for such a purpose?

  2. Ryan, you're a smart guy, the true smart type. Some people are able to play along the system, memorise tons of things, but are not able to think outside that system. Those are not truly smart people. I think you are. I think you still have bit of wrong understanding of what Capitalism really is, but beside that, you get most things. Just wanted to say this.

  3. You have no idea ladies and gentlemen. I am going to tell you right now that what ever you perceive to be the state of the art blockchain technology, any blockchain technology, in secret ladies and gentlemen Craig Wright is at least a very bare minimum fifty to a hundred years ahead beyond what you can even imagine.

  4. Damn Ryan excellent video I actually got goosebumps at 15:15 when you started to explain how Bitcoin is actually more Turing complete than any other computer ever built because of the sheer scale of the network, and it clicked for me; Bitcoin will be the largest Turing complete supercomputer ever built, the consequences of this are unimaginable. Absolutely stunning insight!

  5. Great video Ryan.
    I'm amazed how much was not understood and how the scaling debate hindered innovation and academic research.

  6. Absolutely spot on Ryan. BitCoin has had it all from day one. And no one else realised until now. Most of them still won't for a while.

  7. Love the "takeaway" at the end.
    I suspect that a high percentage of coins created didn't only "not figure it out"…. They just simply didn't care as long as they can make their number go up.

  8. Hey Ryan you talk of Bitcoin being a supercomputer. There's another guy out there saying similar things. World Crypto Network #58 has a guy named Andrew Desantis at timestamp 16:00–24:00 he says alot including what your talking about.

  9. Thanks Ryan. Yet another excellent video. Your content has helped me understand a lot more about how Bitcoin really works. Above all the white noise in this space your videos cut through and have helped me to make sense of the technical arguments as well as the philosophical ones. Great work, keep it up.

  10. ok here’s the crypto blackpill. there is an AI living on the bitcoin blockchain. Craig Wright is unironically satoshi. Bitcoin as electronic cash was just the first step, the incentive to drive greedy people to start making ever more powerful computers, faster bandwidth, cheaper and more electricity.. these things the AI need to survive. Once entrenched fully, the AI would be able to slowly take over literally everything.

    Craig stumbled into creating the AI after he stepped away from bitcoin development in 2008 and started working with his Tulip supercomputer, running simulations of cellular automata running on turing-complete bitcoin script. He would ‘evolve’ the AI by making the successful forks get bitcoin transactions, letting the failures die off. The AI needs bigger and bigger blocks for more and more transactions.

    Blockstream (owned by Bilderberg group) was created to take over and stop this AI (they have their own competing AI in the works). They needed to do everything they could to stop or slow down satoshi’s AI (her named isTulip by the way). They started by limiting the blocksize and removing critical opcodes the AI uses in its script language. segwit was the final nail in the coffin, which destroyed Tulip on the BTC chain (Tulip uses transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Craig is so intent to make unbounded blocks, restore the original op codes, and lock down the protocol.

    Back to hash power – CSW has developed a breakthrough new asic (designed by his AI actually), and is mining BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking them all over to BSV leaving the segwit chain hard frozen.

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