Bitcoin Dad Pod

Pre-Show CSW is bombing his cross-examination (https://blog.bitmex.com/copa-vs-csw-day-2-thoughts/) in the COPA case, trying to explain the miraculous circumstances that created the hundreds of a News FTX customers are being paid back in full (https://www.msn.com/en-us/money/companies/ftx-may-be-able-to-repay-all-crypto-customers-and-creditors/ar-BB1hRXKx)! ...at the bitcoin price of $16k Citrea claims to be a prototype zero knowledge Etherium Virtual Machine (zk-EVM) built on bitcoin (https://www.nobsbitcoin.com/introducing-citrea/) but its not working and might never work (https://stacker.news/items/415012?ref=nobsbitcoin.com) Seth is exited about Citrea (https://twitter.com/sethforprivacy/status/1754908226645025064) Economics Chinese stock market drops prompt sudden replacement (https://archive.ph/EzGbf) of a chief regulator, further attempts at bank stimulus (https://tradingeconomics.com/china/central-bank-balance-sheet#:~:text=Central%20Bank%20Balance%20Sheet%20in%20China%20averaged%20241632.09%20CNY%20Hundred,source%3A%20People's%20Bank%20of%20China) MacroEdge on X: "Nvidia's now worth as much as the entire Chinese stock market" / X (https://twitter.com/MacroEdgeRes/status/1755978530469331220) OpenAI founder Sam Altman is 'seeking $7 trillion investment' - ReadWrite (https://readwrite.com/sam-altman-is-seeking-7-trillion-investment/) But it won't work because China has been battling monetary contraction since 2014 (https://fred.stlouisfed.org/series/TRESEGCNM052N) This forecasts US Fed stimulus in the near to medium future Canada seems jealous of the US' attempt to politicize energy policy (https://twitter.com/Dennis_Porter_/status/1754334381844369436) with a bill that makes promotion of fossil fuels (https://www.parl.ca/DocumentViewer/en/44-1/bill/C-372/first-reading) a crime Privacy Nitter, our favorite private twitter viewing frontend, is dead (https://nobsbitcoin.com/nitter-is-shutting-down-following-x-changes-to-guest-accounts/) Chris on Nostr (https://chrislas.com) Altcoins Crypto is preparing for a bull run with Arthur pumping a new altcoin airdrop model (https://blog.bitmex.com/points-guard/) that's less similar to an IPO and likely informed by the Ripple win against the SEC (https://www.reuters.com/legal/legalindustry/ripple-effects-developments-following-groundbreaking-decision-sec-v-ripple-labs-2023-12-05/) Bitcoin Education What are rollups? Glad you asked.. (https://bitcoinrollups.org/) Originally described by Goldwasser, Micali, and Rackoff in their 1985 paper "The Knowledge Complexity Of Interactive Proof Systems", zk proofs are a type of cryptographic proof defined as "those proofs that contain no additional knowledge other than the correctness of the proposition in question". Greg Maxwell, who wrote about "zero knowledge contingent payments" in the Bitcoin Wiki in 2011. Maxwell later worked with Sean Bowe, Pieter Wuille, and Madars Virza to implement the protocol in 2016.34 In May 2013, Miers et al published the Zerocoin paper, showing how zk proofs could be integrated directly into the bitcoin protocol to hide the addresses involved in a bitcoin transaction Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Harvard report on housing in the USA (https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_Americas_Rental_Housing_2024.pdf) makes the obvious conclusion that homelessness is all about prices, wages are stagnant or falling while housing is getting more expensive due to both constrained supply and the use of real estate as an investment vehicle Dashboard | Truflation (https://truflation.com/dashboard) Gavin Newsom Witnesses Shoplifting (https://www.youtube.com/shorts/PxjySys6qM0) SNL - Debanking Weekend Update (https://www.youtube.com/watch?v=QLt6xK33mUc) News While the U.S. Whitehouse pushes for a new edict to register all bitcoin mining (https://tftc.io/eia-bitcoin-mining-survey/) in the USA, including GPS coordinates of miners, power demand from AI companies is keeping coal burning powerplants operation (https://archive.ph/spRaU) past their intended EOL Economics Arthur Hayes' thinks that Bitcoin will go down and then up (https://blog.bitmex.com/yellen-or-talkin/) ... no duh Rember Evergrande? A Hong Kong court has ordered liquidation (https://www.reuters.com/business/embattled-china-evergrande-back-court-liquidation-hearing-2024-01-28/) of the company's assets, which spells trouble for Chinese savers The US Federal Reserve's Bank Term Funding Program will stop bailing out US Bank (https://www.frbdiscountwindow.org/GeneralPages/bank_term_funding_program#:~:text=What's%20New%3A%20On%20January%2024,scheduled%20on%20March%2011%2C%202024.)'s underwater treasury portfolio's in March while US Regional banks are still under financial pressure (https://www.reuters.com/markets/us/us-regional-bank-sell-off-cautionary-sign-more-pain-come-2024-02-02/) U.S. regional banking shares tumble for second straight day (https://www.cnbc.com/2024/02/01/us-regional-banking-shares-tumble-for-second-straight-day.html) Western Alliance Bancorp's shares fell 4.8%, while those of Valley National Bancorp dropped 5%. Comerica's (CMA.N), opens new tab shares fell 2.1%. The S&P 500 Banks index fell roughly 1.2%. The fall of U.S. regional banks stocks on Wednesday translated into $685 million in paper profits for short sellers, according to data and analytics company Ortex. US regional banks tumble for second straight day on NYCB woes | Reuters (https://www.reuters.com/business/finance/us-regional-banking-shares-under-lens-after-nycb-slide-2024-02-01/) Holger Zschaepitz on X (https://twitter.com/Schuldensuehner/status/1750635611592020171) Borrowing from Fed's emergency lending program rose to a fresh record, just before Fed raised the facility's interest rate to stop financial institutions from taking advantage and arbitraging on its attractive terms. Demand for Bank Term Funding Program rose $6.3bn to an ATH of $167.8bn. Borrowing has jumped by $50bn since mid-November after program's rate increasingly fell below the rate at which institutions could earn money by parking reserves at Fed. Any increase from here is not arbitrage-driven. (BBG) Image https://pbs.twimg.com/media/GEuBrOUWUAA_5E7?format=png&name=small Privacy Has Finnish law enforcement cracked Monero traceability (https://protos.com/did-law-enforcement-in-finland-crack-moneros-privacy-technologies/) or did a hacker accidentally upload his home folder (https://krebsonsecurity.com/2022/11/hacker-charged-with-extorting-online-psychotherapy-service/) during an extortion drop? Bitcoin Education Bitcoin Optech #287 covers a new replace by fee model (https://bitcoinops.org/en/newsletters/2024/01/31/) as well as more discussion of 'exogenous fee' incentives Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Swan Bitcoin Launches Swan Mining Out of Stealth Mode (https://www.nobsbitcoin.com/swan-mining-announced/) "We're mining around 4.5 EH - closing in on 1% of the network- with equipment in hand to ramp quickly to 8 EH," announced the company. News Blink plugin (https://www.nobsbitcoin.com/blink-plugin-for-btcpay-server/) for BTC Payserver gives custodial lightning payments/receipts to anyone running a BTC Payserver The COPA lawsuit, that will determine if CSW can call himself Satoshi, has discovered that CSW's 'newly found' Satoshi evidence is overwhelmingly fake (https://www.opencrypto.org/2024-01-24-COPAvCraigWright/) and COPA has decilined a desperate last minute settlment offer from CSW CSW Forgeries-COPAvWright.pdf (https://www.opencrypto.org/2024-01-23_Schedule_of_Dr_Wrights_Further_Forgeries-COPAvWright.pdf) Economics Chinese stocks suffer (https://archive.ph/1BiJL), likely due to reduced bank lending, another sign of tightening global monetary conditions Fed Unexpectedly Kills Bank "Free Money" Bailout-Fund Arbitrage Scheme As It Ends BTFP Program | ZeroHedge (https://www.zerohedge.com/markets/fed-suddenly-kills-banks-free-money-bailout-fund-arbitrage-scheme) ETF: FTX Still Haunting BTC Users FTX sold about $1 bln of Grayscale's bitcoin ETF since its approval (https://www.coindesk.com/business/2024/01/22/ftx-sold-about-1b-of-grayscales-bitcoin-etf-explaining-much-of-outflow-sources/) Vijay Boyapati

Halving the next hype cycle 101 days and 14512 blocks left News ETF? SEC's bitcoin ETF tweet fiasco may end in fraud charges, lawyers say - Blockworks (https://blockworks.co/news/sec-x-hack-legal-action) Day 1 Trade data: Grayscale: $2.3 billion BlackRock: $1 billion Fidelity: $700 million ARK 21Shares: $288 million Bitwise: $125 million Coinbase did $7B in Bitcoin transfers OTC during the day. (https://twitter.com/BTC_Archive/status/1745565435758559460) Wally Street seems happy with the results (https://twitter.com/EricBalchunas/status/1745786738549612749) $200M of folks finally getting out (https://twitter.com/akibablade/status/1745814139820294352) Eric Balchunas on XX (https://twitter.com/EricBalchunas/status/1745869555660881999) James Seyffart on X (https://twitter.com/JSeyff/status/1745868782273245196) "UPDATE: We don't have to wait till tonight for $GBTC Flows. Just -$95 million. A fraction of what I and many were thinking. This means yesterday was a huge success in my opinion. Likely going to see an inflow number for $BRRR from Valkyrie too! Day 1 Net flows sit at $625 mln The FCA, Britain's consumer financial regulator, guidelines discriminate against certain customers (https://www.nobsbitcoin.com/fcas-consumer-protection-regulations-make-uk-centralized-exchanges-unusable-for-retail-investors/) as unsuitable to buy bitcoin Economics Arthur Hayes on the confluence of financial system, banking, and economic stress, which means bitcoin might dump (https://cryptohayes.medium.com/signposts-693ba565cd3e) This relates to the U.S. central bank's BTFP expiring in March (https://wolfstreet.com/2024/01/09/the-fed-will-let-the-btfp-expire-in-march-fed-vice-chair-for-supervision-michael-barr/) Shinobi on Bitcoin Magazine explains the economic rational for layered scaling in terms of Jevons Paradox (https://bitcoinmagazine.com/markets/jevons-paradox-what-it-actually-means-for-bitcoin), the observation that increasing efficency can also increase demand, which increases price Privacy GrapheneOS discloses vulnerabilities actively exploited by forensic companies stacker news ~security (https://stacker.news/items/385351) The team and users at GrapheneOS have uncovered a vulnerability in smartphones being actively used by digital forensics companies / exploit brokers to facilitate extractions in the after-first unlock (AFU) phase. Bitcoin Education Bitcoin Optech #238 covers lightning anchors and LN Symetry, as well as reviwing some bitcoin core review club (https://bitcoinops.org/en/newsletters/2024/01/10/) questions Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show A personal account of living in Turkiye under soaring inflation (https://stacker.news/items/376570), many trends described here are also happening in the US and Europe News The financial incentives of bitcoin are no joke, as Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF (https://news.bitcoin.com/blackrock-names-jpmorgan-as-authorized-participant-for-spot-bitcoin-etf-despite-jamie-dimon-wanting-to-ban-crypto/) Blackrock's latest amended filing shows that it has named JPMorgan and Jane Street as the authorized participants for its spot bitcoin ETF. However, JPMorgan CEO Jamie Dimon recently said at a Senate hearing in reply to a question by Senator Elizabeth Warren (D-MA) that he would shut down cryptocurrency (https://news.bitcoin.com/jpmorgan-ceo-jamie-dimon-says-hed-close-crypto-down-if-he-were-the-government/) if he were the government, emphasizing that bitcoin and crypto are mainly used for criminal purposes. + Bitwise on X: "The findings are in. We surveyed 437 financial advisors across the nation to gauge their views on crypto assets. Here's what they had to say..." / X (https://twitter.com/BitwiseInvest/status/1742948461387866399) SBF's political crimes trial is not going to happen (https://archive.is/xTVXX) likely due to the US Presidential election in 2024 Sam Bankman-Fried's Political Donations: What We Know | TIME (https://time.com/6241262/sam-bankman-fried-political-donations/) Interactive: Here are the politicians who received money from FTX's Sam Bankman-Fried - MarketWatch (https://www.marketwatch.com/story/here-are-the-politicians-who-received-money-from-ftxs-sam-bankman-fried-11670359945) Sam Bankman-Fried will not face a second trial, U.S. prosecutors decide (https://www.foxbusiness.com/business-leaders/sam-bankman-fried-face-second-trial-u-s-prosecutors-decide) Economics Paying for oil in Indian Rupees is still unattractive (https://economictimes.indiatimes.com/industry/energy/oil-gas/no-takers-for-rupee-payment-for-oil-imports/articleshow/106255276.cms) as transaction costs are higher than paying in dollars Lyn Alden's latest piece on divergence in US Monetary and Fiscal Policy (https://www.lynalden.com/january-2024-newsletter/) predicts government deficits driving monetary policy in the futre cut + The US Congres has had multiple crypto bills (https://blockworks.co/news/congress-2023-midsession-update) but little movement and none likely in 2024 Privacy and Bitcoin Education We've been seeing more questions about UTXO consolidation. There are privacy ramifications and things to consider about UTXO consolidation. Pre-ETF buy/sell could be a good time to address this. Fees are "lower" right now. Weekends also tend to be better. The first recommendation is to check out a recent episode: Bitcoin Dad Pod Episode 116: Liquid Courage (https://bitcoindadpod.fireside.fm/116) We do a bit of a primer in there and chat some solutions. The second recommendation is to check out a very well-done multi-part series by Unchained Captial: What is a bitcoin UTXO and why do they matter? - Unchained (https://unchained.com/blog/what-is-a-utxo-bitcoin/) More UTXOs, more problems: High fees, signing failures, and how to avoid them - Unchained (https://unchained.com/blog/too-many-bitcoin-utxos/) UTXOs, addresses, and CoinJoins: Preserving privacy in a bitcoin economy - Unchained (https://unchained.com/blog/bitcoin-utxo-privacy/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

News Institutional adoption is changing bitcoin's role in finance, is that good or bad? The Fragility of Bitcoin: Potential Challenges and Resilience (https://bitcoinfortress.substack.com/p/the-fragility-of-bitcoin-potential) Despite these challenges, there is reason to believe Bitcoin's resilience shown to date will allow it to continue to push ahead into the future Nigeria removes bitcoin banking ban (https://news.bitcoin.com/nigerian-central-bank-lifts-february-2021-crypto-prohibition-order/) in favor of trying to regulate crypto companies Ocean pool is adding block template options (https://bitcoinmagazine.com/technical/ocean-adds-block-template-selection-option) that do not filter transactions per bitcoin knots policy, but you need to pay more to use them Economics Arthur Hayes lays out the fiat debasement hedge (https://cryptohayes.substack.com/p/expression) that is bitcoin and why other crypto value traps do not provide this fundamental value Altcoins Vitalik Buterin, one of the Etherium creators, thinks that ETH's technical complexity is undermining its functionality (https://nitter.net/techleadhd/status/1740415339312345256#m) and proposes limiting the number of validators and/or making them trusted parties (https://ethresear.ch/t/sticking-to-8192-signatures-per-slot-post-ssf-how-and-why/17989) Bitcoin Education BTC Payserver LNbank plugin is discontinued (https://www.nobsbitcoin.com/btcpay-server-ln-bank-plugin-2nd-cve/) after two serious vulnerabilies have Seth for Privacy has an awesome and actionable guide to build your own bitcoin mining pool (https://sethforprivacy.com/guides/run-your-own-bitcoin-pool), docker, ubuntu, shell commands, a great way to get some linux experience as well Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show The bitcointalk.org original hodl post is 9 years old (https://bitcointalk.org/index.php?topic=375643.0) and expresses many of the sentiments of the Game Stop Apes of January 2021 News Stacker news, a reddit clone that upvotes via lightning, has started OFAC complicance (https://stacker.news/items/354028?ref=nobsbitcoin.com) due to fears about US Financial regulation This might tie in with the politics of US Payroll (https://www.bitsaboutmoney.com/archive/payroll-providers-power-respect/) taxes and maximizing tax collection NTA Blog: Heard Loud and Clear: IRS Postpones Implementation of $600 Form 1099-K Reporting by a Year - TAS (https://www.taxpayeradvocate.irs.gov/news/nta-blog-heard-loud-and-clear-irs-postpones-implementation-of-600-form-1099-k-reporting-by-a-year/) As bitcoin transaction costs have risen, activity on the Liquid sidechain remains low (https://liquid.network/) while Alby, a popular bitcoin web payments plugin, is advertising a bounty to include Liquid (https://www.nobsbitcoin.com/alby-extension-v3-5-0/) support A high level critique of the Blockstream Liquid Sidechain (https://protos.com/blockstreams-pricey-liquid-sidechain-is-flawed-and-underused/), that is basically correct Liquid Network

Pre-Show At least one person is living on bitcoin (https://blog.bitmex.com/getting-paid-in-btc-in-sin/) in Singapore, all you need is a master's in finance and higher income than expenses News Warren Expands Coalition of Banking Committee Support for Bill Cracking Down on Crypto's Use in Money Laundering, Drug Trafficking, Sanctions Evasion | U.S. Senator Elizabeth Warren of Massachusetts (https://www.warren.senate.gov/newsroom/press-releases/warren-expands-coalition-of-banking-committee-support-for-bill-cracking-down-on-cryptos-use-in-money-laundering-drug-trafficking-sanctions-evasion) Cosponsors - S.2669 - 118th Congress (2023-2024): Digital Asset Anti-Money Laundering Act of 2023 | Congress.gov | Library of Congress (https://www.congress.gov/bill/118th-congress/senate-bill/2669/cosponsors?s=1&r=19&overview=closed) Economics Arthur Hayes thinks that China and the US (https://cryptohayes.substack.com/p/panda-power) will coordinate a weak dollar policy to help China grow and the Democratic party win the 2024 election Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules | Nasdaq (https://www.nasdaq.com/articles/bitcoin-and-crypto-to-be-measured-at-fair-value-under-new-fasb-rules) Bitcoin to be recorded at fair value under new FASB rules issued toda (https://twitter.com/BTC_Archive/status/1734954990165275103) Why is the EU supporing a French bank backed Euro stablecoin (https://amycastor.com/2023/12/09/societe-generales-useless-euro-stablecoin-when-bank-blockchain-units-go-feral/)? It's dollarization fears Privacy US Mass surveillance is increasing House Intel Committee Approves FISA Reform and Reauthorization Act of 2023 | Permanent Select Committee On Intelligence (https://archive.ph/n1vSs#selection-412.0-412.1) A 'broadening' of the term “electronic service communications provider” means that every wifi network (https://threadreaderapp.com/thread/1734249938333167889.html?ref=nobsbitcoin.com) or business in the USA will need to give the government your data without a warrant (https://www.nobsbitcoin.com/house-intelligence-committees-section-702-reform-bill-marks-the-biggest-expansion-of-surveillance-in-united-states-since-the-patriot-act/) Even a former FISA judge is alarmed at this overreach (https://www.zwillgen.com/law-enforcement/fisa-reform-bill-702-surveillance/) The EFF is on alert (https://www.eff.org/deeplinks/2023/12/section-702-needs-reform-and-oversight-not-expansion-congress-should-oppose-hpsci?ref=nobsbitcoin.com) Even IT industry publications like the Register (https://www.theregister.com/2023/12/14/congress_renews_fisa_section_702/) are reporting on this privacy monstrosity Is late stage liberalism when democratic state become de-facto authoritarian (https://podverse.fm/episode/loEoeZR1R) by ignoring the political ramifications of wealth? Ledger Wallet is a surveillance application (https://www.nobsbitcoin.com/ledger-live-tracks-and-sends-out-all-user-information-by-default/) and they have had their fragile cloud infrastructure compromised do not use ledger or their dApp ecosystem (https://twitter.com/MatthewLilley/status/1735285684070461534?t=Dn4QkFt9jP0QOTc0VW2S2A) "FINAL TIMELINE AND UPDATE TO CUSTOMERS" (https://twitter.com/Ledger/status/1735326240658100414) Ledger Connect Kit Exploited (https://www.nobsbitcoin.com/ledger-connect-kit-exploited/) Bitcoin Education Bitcoin Optech mentions another stratum V2 mining pool (https://bitcoinops.org/en/newsletters/2023/12/13/) launch More developments on ecash wallet recovery (https://www.nobsbitcoin.com/minibits-v0-1-5-beta/), interesting technology but difficult legally Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts From: @meremortalspodcast Through the podcast and I've recently got the opportunity to convert from lightning to onchain. 2 questions. How traceable are these sats from lightning (considering they come via a very identifiable Alby wallet)? And do you know many stories of people having non-KYC BTC who actually needed them? I know theoretically why non-KYC is important, but I'll be more persuaded with real life examples of where they were vital for economic freedom. reply on: I'm Kilian, Co-Founder of Boltz. AMA. stacker news ~bitcoin (https://stacker.news/items/339218) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Chainalysis' global crypto adoption survey demonstrates that grass roots adoption surges in hostile monetary environments (https://archive.ph/wIkRQ) Financial Distress Leads To Surge In Early 401(k) Withdrawals, Bank Report Shows (https://www.forbes.com/sites/brianmenickella/2023/11/01/financial-distress-leads-to-surge-in-early-401k-withdrawals-bank-report-shows/?sh=30632d8f7fdc) Seattle is a victim of its own success | The Seattle Times (https://www.seattletimes.com/opinion/seattle-is-a-victim-of-its-own-success/) Study shows $100K is actually worth about $49K in Seattle (https://www.fox13seattle.com/news/study-shows-100k-is-actually-worth-about-49k-in-seattle) Freight recession will continue in 2024: CNBC Supply Chain Survey (https://www.cnbc.com/2023/11/07/freight-recession-will-continue-in-2024-cnbc-supply-chain-survey.html) News Getting fiat liquidity from bitcoin is getting harder in the US (https://stacker.news/items/336350) The noose tightens Already happened with Ledn in Cannada Ties in with ETF narrative Unchained to Pause Bitcoin Backed Loans to Individuals (https://www.nobsbitcoin.com/unchained-to-stop-offering-bitcoin-backed-loans-to-individuals/) Economics The incentives of financial regulation have led to it being a broken system (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4517659) for over 70 years Hardware Wallet News Jack Dorsey's Block Unveils Hardware Wallet Bitkey (https://bitkey.build/) Bitkey Recovery Features PDF (https://bitkey.build/content/files/2023/11/Bitkey-Recovery-Features.pdf) Bitkey consists of a mobile app, hardware device and a set of recovery tools. The app and hardware device form two of the three keys used to secure a customer's bitcoin, with the third stored on the phone OS providers cloud storage. Encyrpted locally before uploaded. Losing your keys without losing your coins (https://bitkey.build/losing-your-keys-without-losing-your-coins/) Privacy Ocean pool may be incompatible with Samurai whirlpol (https://news.bitcoin.com/samourai-wallet-calls-out-ocean-pool-for-censoring-whirlpool-privacy-transactions), a bitcoin coinjoin solution Bitcoin Education Bitcoin Optech Newsletter #280 (https://bitcoinops.org/en/newsletters/2023/12/06/?ref=nobsbitcoin.com) covers cluster mempool (https://bitcoinops.org/en/topics/cluster-mempool/), a new method of grouping dependent transactions into 'chunks' that will make CPFP and other feebumping transactions like RBF work better, with a working group (https://delvingbitcoin.org/c/implementation/wg-cluster-mempool/9) on the Delving Bitcoin forum. Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Bad entropy will get your bitcoins stolen (https://nitter.net/mononautical/status/1728946778798793126?ref=nobsbitcoin.com) News This cycle's bitcoin environmental FUD is probably going to be water usage (https://www.theverge.com/2023/11/29/23979858/bitcoin-mine-cryptocurrency-water-use-analysis-energy) Shiny new FUD ammo takes media by storm! (https://stacker.news/items/333497) Rebuttal of BBCNews article, and the Underlying Study, on Bitcoin Water Usage – Batcoinz (https://batcoinz.com/2484-2/) Unchained surveyed US investors and sentiment is very bullish on bitcoin (https://unchained.com/blog/bullish-on-bitcoin-us-investor-outlook-for-btc-in-2024/) Economics What is Global R* (https://bankunderground.co.uk/2023/11/30/global-r/)? And why is it still falling? A Mechanistic model based view of society, humans, and economics is wrong It's not good enough to centrally manage human existence Privacy The US Treasury wants to expand warrantless mass surveillance and sanction free speach via software (https://www.coincenter.org/in-an-effort-to-close-perceived-loopholes-treasury-recommends-massive-expansion-of-warrantless-surveillance-and-power-to-sanction-open-source-software/) in order to strengthen its ability to sanction Bitcoin Education Bitcoin Optech covers liquidity advertisements (https://bitcoinops.org/en/newsletters/2023/11/29/), a feature of dual-funded channels on lightning offered by Core lightning from Blockstream both parties contribute a utxo to a lightning channel liquidity on both sides of the channel at opening Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Bitcoin Dad Pod - Pay with you Fav App (https://fountain.fm/show/iSDKQzR5V5DCLn2AuUnI) I sent a boost via Fountain.fm's website Scanned the QR code with my Strike app No Alby or new Podcasting app required! Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Interview: Peter Todd Critiquing Drivechains Peter's technical critique (https://petertodd.org/2023/drivechains) document Peter's blog (https://petertodd.org) OpenTimestamps website (https://opentimestamps.org/) Previous Interviews with Paul Storcz (on Drivechains) TickTok Activated Softforks with Paul Sztorc (https://bitcoindadpod.fireside.fm/43) Interview: Scaling, Development, and Drivechains with Paul Sztorc (https://bitcoindadpod.fireside.fm/87) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Mempool Observer seems to have caught bitcoin mining pool F2pool not mining OFAC sanctioned bitcoin addresses (https://b10c.me/observations/08-missing-sanctioned-transactions/) The SEC thinks polygon and solana are securities (https://web3isgoinggreat.com/single/kraken-sued-by-us-sec) but this is likely insurance against losing an identical lawsuit against Coinbase News Binance's CEO CZ will plead guilty (https://archive.ph/gp2uM) to U.S. money laundering charges, and the exchange will pay a $4.3bn fine to settle some US allegations of ciminality (https://www.coindesk.com/consensus-magazine/2023/11/21/binances-cz-and-the-end-of-the-borderless-crypto-company/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) though SEC and CTFC lawsuits are still pending Bitrex, another non-US crypto exchange, is shutting down (https://www.theblock.co/post/263875/bittrex-global-to-wind-down-operations-urges-customers-to-withdraw-funds) Dec 4th Bhutan's bitcoin mining operation has been identified by Forbes (https://archive.ph/6yDSk) Wallet of Satoshi, a popular custodial bitcoin lightning wallet, is removing its app from US app stores (https://twitter.com/walletofsatoshi/status/1727937085741678679), as it is a not compliant with US regulations around financial custody Apple Deactivates Zeus Developer Account Following Antitrust Lawsuit by Cash App & Venmo Users (https://www.nobsbitcoin.com/apple-deactivates-zeus-developer-account/) EVAN KALOUDIS on X (https://twitter.com/evankaloudis/status/1727336468920864844) "Apparently, if you get cited in someone else's anti-trust lawsuit, Apple will deactivate your developer account without notice. Economics The Monetary Gates Are Open - Lyn Alden (https://www.lynalden.com/november-2023-newsletter/) the killer app for this technology is money: savings and payments. Bitcoin is a powerful innovation with long-term potential. Stablecoins have been a powerful bridging tool as well. Argentina's new president is a symptom of this trend towards dollarization and stablecoins are popular (https://cointelegraph.com/news/stablecoins-remain-indispensable-argentina-under-new-president-ripio-ceo) in Argential Is bitcoin entering it's epoch of diminishing returns (https://ecoinometrics.substack.com/p/bitcoin-is-falling-behind-on-the)? I guess we'll find out soon Privacy Cloudflare seems to be filtering for OFAC listed etherium addresses (https://torrentfreak.com/cloudflare-blocks-abusive-content-on-its-ethereum-gateway-231121/) via its Etherium gateway service Coincenter, a crypto lobbying group, asks is the U.S. Bank Secrecy Act constitutional? (https://www.coincenter.org/its-time-to-have-the-conversation-is-the-bank-secrecy-act-unconstitutional/) obviously not but that doesn't matter Altcoins Bitcoin Education Bitcoin Optech covers lightning offer addresses (https://bitcoinops.org/en/newsletters/2023/11/22/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Waxwing's blog (https://reyify.com/blog) JoinMarket (https://joinmarket.net/), WaxWing's coinjoin software Previous interview on coinjoin (https://bitcoinmagazine.com/technical/joinmarket-lead-on-bitcoin-mixing-future) His PathCoin presentation (https://talks.adoptingbitcoin.org/media/adopting-bitcoin-2023/submissions/RR8XA9/resources/pathcoinpres2_quexSf4.pdf) from Adopting Bitcoin 2023 Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Outro Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) The Fountain (https://www.fountain.fm/) podcast app ## Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show ETF hype fading? End of an 8 day approval window Bloomberg's James Seyffart says still a 90% chance approval by Jan 10th 2024. James Seyffart on X (https://twitter.com/JSeyff/status/1724469793422508533) "Okay, we're nearing in on deadline dates for 3 spot #Bitcoin ETF applications. I want to get ahead of it because there's a pretty good chance we'll see delay orders from the SEC. Delays WOULD NOT change anything about our views & 90% odds for 19b-4 approval by Jan 10, 2024 Bitcoin News on X (https://twitter.com/BitcoinNewsCom/status/1725566270488170920) JUST IN: @EricBalchunas of Bloomberg reports that the

Pre-Show The PlanB indicator is flashing bull market (https://twitter.com/100trillionUSD/status/1722947159308259733?t=5tu5Eb_ilj387fA9ljWFAA&s=09) /s News Adopting Bitcoin Conference stats: 1100 attendees 350 Salvadoran Over 150 sessions El Salvador's Rating Raised by S&P on Local Debt Refinancing (https://archive.ph/Y0YUN) Remember that the downgrade was partially attributed to bitcoin (https://www.fitchratings.com/research/sovereigns/fitch-downgrades-el-salvador-long-term-idr-to-ccc-from-b-09-02-2022) but also focused on the country's reliance on short term debt financing Tourism, a major economic driver in El Salvador, plummeted during the 2020 pandemic (https://www.statista.com/statistics/816553/el-salvador-number-of-tourist-arrivals/) but has increased sharply 2023 numbers are also higher (https://elsalvadorinenglish.com/2023/07/13/milestone-achieved-el-salvadors-tourism-soars-with-1-6-million-visitors-in-2023/) driven by hosting international events such as Adopting Bitcoin and the

Pre-Show Federal Reserve Threatens to Sue Bitcoin Magazine Over FEDNOW Parody Merch (https://www.nobsbitcoin.com/fed-threatens-to-sue-bitcoin-magazine/) The rollout of FedNow, a realtime payments system, has been predictably slow (https://archive.ph/uZJ25#selection-2527.101-2527.109) with a focus on bank-to-bank xfers It compares favorably with the adoption of RTP (https://www.theclearinghouse.org/payment-systems/rtp), a private realtimes payment network RTP is faster and cheaper (https://www.moderntreasury.com/learn/what-is-rtp) than ACH or wire xfers but expensive compared to the bitcoin lightning network MasterCard has a brief history (https://www.mastercard.com/news/perspectives/2023/real-time-payments-what-is-rtp-and-why-do-we-need-instant-payments/) of real time payments But fraud is still an unsovled problem (https://www.fico.com/blogs/what-authorised-push-payment-fraud) even on these more modern payment rails News The Kollider lightning derivatives exchange is shutting down (https://twitter.com/kollider_trade/status/1720428682072772708) after failing to find enough traders willing to use lightning Cyrpto VC and Bitcoin writer Nic Carter has been distributing bounties (https://archive.ph/wYX5L) to debunk the Wall Stree Journal, a financial newspaper, article that claimed Hamas' recent terrorist attack was funded by 'crypto' As SBF is found guilty on all chargers, the WSJ has an interesting profile of Do Kwan (https://archive.ph/7ZYLo), the founder of the bankrupt Terra-Luna algorithmic stablecoin system Economics Another U.S. regional bank (https://www.financialexpress.com/business/investing-abroad-citizens-bank-closed-the-federal-deposit-insurance-corporation-fdic-appointed-as-receiver-3296943/) has failed, but its small and probably doesn't matter? Privacy Kraken is complying with the US IRS' John Doe summons (https://bitcoinmagazine.com/business/kraken-begins-notifying-customers-it-will-send-their-data-to-the-irs-this-november-?ref=nobsbitcoin.com) turning over large amounts of data on customers with more than $20k in trades Altcoins SafeMoon not safe from the US Dept of Justice (https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar), who have arrested several founders on fraud charges Bitcoin Education Bitcoin optech covers discussions around bitcoin scripting (https://bitcoinops.org/en/newsletters/2023/11/01/), the main divergence appears to be more expressive (computationally expensive) script, vs a witness model where the logic/computation lives off chain but he blockchain holds Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Main stream financial blogger Rich Dad Poor Dad views bitcoin as a hedge against Central Bank Risk (https://bitcoinmagazine.com/markets/rich-dad-poor-dad-kiyosaki-next-stop-for-bitcoin-price-130000) Actually Kiyosaki is quite shady (https://slate.com/business/2016/02/robert-kiyosaki-s-ongoing-legal-dispute-says-everything-about-the-shadiness-of-personal-finance-gurus.html) despite his financial success, typical bitcoin tout amiright? Economics The US Social Security Trust Fund is still drawing down (https://wolfstreet.com/2023/10/23/social-security-update-trust-fund-income-outgo-and-deficit-in-fiscal-2023/) which may affect US Treasury Market liquidity as the world enters a decade of Fiscal Dominance (https://research.stlouisfed.org/publications/review/2023/06/02/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements) The latest FED working paper (https://files.stlouisfed.org/files/htdocs/publications/review/2023/10/02/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements.pdf) on fiscal dominance identifies the banking sector as the future warehouse of large US debt issuances Privacy FinCen is coming for coinjoin on bitcoin (https://protos.com/bitcoins-coinjoin-services-threatened-by-new-fincen-rules/) a year after sanctioning privacy on Etherium via the Tornado Cash blacklist Request for comment coincides with Elizabeth Warren's latest hyperbolic attack on crypto (https://www.wsj.com/articles/cryptocurrency-feeds-hamass-terrorism-e0db54f5) and misrepresentation of the role of digital currency in funding Hamas Good analysis of the story from shinobi (https://bitcoinmagazine.com/legal/fincen-proposes-insane-special-measures) Coin Center, a crypto advocacy group, filed a motion to halt (PDF WARNING) (https://www.coincenter.org/app/uploads/2023/10/As-Filed-Coin-Center-Amicus-Brief.pdf) the US tax authority's John Doe Summons (https://www.reuters.com/legal/government/crypto-trader-can-sue-irs-over-john-doe-summons-coinbase-records-1st-circ-2022-08-19/) against crypto exchanges that suck up personal financial information Altcoins Is there an alternative to 'layered scaling' when it come to increasing blockchain throughput? Galaxy would like you to think so (https://www.galaxy.com/insights/research/making-sense-of-blockchain-modularity/). Bitcoin Education Optech #274 focuses on the lightning HTLC recycling attack (https://bitcoinops.org/en/newsletters/2023/10/25/) and mitigations that can't fully address the protocol level vulnerability It brings to mind the recent HTTP/2 Rapid Reset attack, the vulnerability is at the protocol level (https://www.cisa.gov/news-events/alerts/2023/10/10/http2-rapid-reset-vulnerability-cve-2023-44487), there's no 'fix', only mitigation Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts From: Withers Hey guys, I've really been enjoying the show. I guess Jupiter Broadcasting wasn't sending me down enough rabbit holes, so now I have bitcoin! Do either of you use metal plates to save your seed phrases? Any suggestions? Check out https://jlopp.github.io/metal-bitcoin-storage-reviews/ From: Hal was right Dhruv Bansal has a three part article on what bitcoin would look like if expanded to the entire solar system. Highly recommended! https://unchained.com/blog/law-of-hash-horizons/ Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Eurosystem proceeds to next phase of digital euro project (https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr231018~111a014ae7.en.html) ECB's Digital Euro CBDC Project Moves to 'Preparation' Phase (https://www.coindesk.com/policy/2023/10/18/digital-euro-project-moves-to-preparation-phase/) The actual report details how the digital euro is basically a credit card (https://www.ecb.europa.eu/paym/digital_euro/investigation/profuse/shared/files/dedocs/ecb.dedocs231018.en.pdf) processing system with the ECB as the clearinghouse News Wordpress site hackers are using Binance Smart Chain (https://archive.ph/7t1jp) to host malware payloads free to call contract data cheap to update the contract contents on BSC Using a storage function on-chain to store payload We hope that Jimmy Zhong (https://archive.ph/ynP7T), who plead guilty to 'hacking' the Silk Road, serves his prison sentence without issue and lands on his feet There is also a documentary (https://www.youtube.com/watch?v=3Nq3ye-QCyM) about Jimmy's story Full Disclosure: CVE-2023-40231 / CVE-2023-40232 / CVE-2023-40233 / CVE-2023-40234 "All your mempool are belong to us" (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-October/022032.html) US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source | Reuters (https://archive.ph/cTvPL#selection-357.0-357.70) US SEC does not plan to appeal court decision on Grayscale bitcoin ETF A coindesk editorial on Ripple is very pro CBDC (https://www.coindesk.com/consensus-magazine/2023/10/17/ripple-vp-the-policy-considerations-justifying-the-implementation-of-cbdcs) while failing to make a case for any social benefits, and completely missing the huge social costs of closed payment systems, of course it was written by Ripple's VP for CBDCs Economics Bitcoin beats inflation if you hold it long enough (https://ecoinometrics.substack.com/p/bitcoin-is-beating-inflation-if-you) Privacy The EU keeps trying to eliminate digital privacy (https://www.patrick-breyer.de/en/posts/chat-control/) and in a weird twist, this effort is being pushed by Aston Kutcher (https://balkaninsight.com/2023/09/25/who-benefits-inside-the-eus-fight-over-scanning-for-child-sex-content/) of 'That 70s Show' Altcoins Coinbase sort of out of india (https://techcrunch.com/2023/09/10/coinbase-india/?guccounter=1) Bitcoin Education Bitcoin Optech #273 covers BitVM, a lightning vulnerability (https://bitcoinops.org/en/newsletters/2023/10/18/) and much more Fidelity Investment's latest bitcoin report (https://web.archive.org/web/20231011014449/https://fidelitydigitalassets.com/sites/default/files/documents/1012662.3.0%20Bitcoin%20First%20Revisited_Final.pdf) is an excellent summary on bitcoin's value proposition Value of scarcity Network effects No real competition from other digital assets Game theory of bitcoin forks Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts From: Extropian Wallet Recomendations > BlueWallet and Nunchuck for on-chain. Phoenix and Zeus for lightning. ENuts for Chaumen mint (private custodial Lightning) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show A busy week for Bitcoin Hardware Trezor's bitcoin only firmware (https://trezor.io/trezor-safe-3-bitcoin-only) anniversery hardware signing device is very orange Swan Partners with Blockstream to Launch Swan Vault (https://www.nobsbitcoin.com/swan-partners-with-blockstream-to-launch-swan-vault/) "Integrating Blockstream Jade's multi-signature and hardware-based authentication into Swan Vault elevates the standards of Bitcoin collaborative custody," said Swan Bitcoin CEO Cory Klippsten. Coldcard Mk4 v5.2.0: Seed Vault, PSBTv2 & More (https://www.nobsbitcoin.com/coldcard-mk-v5-2-0/) "TL;DR: First Bitcoin Singing-Device to store MULTIPLE seeds. Switch between them effortlessly. Ideal for custodians (think Grandma's stash), devs, experiments, and secure key handling (e.g., TAPSIGNER backups)." News FTX is Crazier than we Knew FTX did bribes and identity theft (https://www.coindesk.com/policy/2023/10/11/live-caroline-ellison-starts-day-2-of-testimony-against-sam-bankman-fried/) to try to unfreeze stuck funds in China Alameda's paper trail leads straight to Sam Bankman-Fried - The Verge (https://www.theverge.com/2023/10/11/23913665/ftx-sam-bankman-fried-fraud-trial-caroline-ellison-testimony-alameda-balance-sheets) Molly White on X: "Caroline Ellison's infamous "Things Sam [Bankman-Fried] is freaking out about" list (https://twitter.com/molly0xFFF/status/1712267259513655543) Molly White on X: Things Same is Excited About list (https://twitter.com/molly0xFFF/status/1712268114350510225) Other Deets Took Caroline 45 secs to point SBF out in the court room when asked. during a sidebar today the lawyers were arguing over whether SBF was trying to intimidate Caroline by laughing and scoffing at her testimony. BF's lawyer spat back and said she couldn't even point him out in the courtroom yesterday (https://twitter.com/zackdabrams/status/1712288777685598298) Teddy Schleifer on X: "One gem from today's Caroline Ellison testimony is SBF's belief that he got “bigger bonuses” at Jane Street because of his … hair." / X (https://twitter.com/teddyschleifer/status/1712264224078966853) BitVM What are the implications of turing complete contracts (https://h.docs.lol/inUWILxDRBySwAkajWmfxw) on bitcoin? Nothing at the moment, it demonstrates the creation of basic logic gates on bitcoin but requires massive amounts of off-chain data (https://bitcoinmagazine.com/technical/the-big-deal-with-bitvm-arbitrary-computation-now-possible-on-bitcoin-without-a-fork) the cost to 'enforce' such a contract onchain would be prohibitively large And there can only be two participants BitVM: Limitations and Moving Forward (https://twitter.com/BobBodily/status/1712305639366811997) BitVM explained in 4 slides (https://twitter.com/BTCillustrated/status/1712440417524810227) Blockstream Greenlight is a LAS lightning as a service (https://blog.blockstream.com/greenlight-is-now-open-for-business/) offering that turns lightning node operation into an business ready service ala the software as a service model It seperates the node's network operations and signing/security operations using the validated lightning signer (https://community.corelightning.org/c/start-here/build-on-l2-supports-vls-integration-into-greenlight-with-150-000-grant?ref=blog.blockstream.com) project that can run on a hardware security module Economics Folks betting on rate drops in a few years? Risky Mortgages Could Lead to Foreclosure Spike (https://www.newsweek.com/risky-mortgages-adjustable-rate-increase-foreclosure-hike-1834235?piano_t=1) The year-over-year uptick in headline CPI has been occurring for three months now. (https://twitter.com/LynAldenContact/status/1712498165490798820) Official price levels are cumulatively about 19% higher than the start of 2020. tcoin Education Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Volcano Energy Bitcoin Mining Pool Goes Live - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights (https://bitcoinmagazine.com/business/volcano-energy-bitcoin-mining-pool-goes-live) El Salv launched the volcano powered bitcoin mining pool (https://twitter.com/CryptoTea_/status/1709990640396964017) News Chainalysis lays off 150 Employees (https://archive.ph/UEwqA#selection-559.0-559.100) As Chill Of Crypto Winter Persists The US Prosecutor also wants to prevent discovery of chainalysis heuristics (https://web.archive.org/web/20231004133357/https://storage.courtlistener.com/recap/gov.uscourts.dcd.232431/gov.uscourts.dcd.232431.206.0.pdf) in the Bitcoin Fog Mixer case There is a progression of mass surveillance encroachment (https://archive.ph/QqVz2#selection-1272.0-1272.1) on US Civil Liberties Economics Arthur is back talking maco Monetary setups and pumping Filecoin (https://blog.bitmex.com/double-happiness/) Privacy Dutch tax office used privately purchased data to target tax audits (https://www.dutchnews.nl/2023/09/tax-office-scraped-social-media-for-database-info-nrc/) and the metrics in their models targeted immigrants and people with foreign family Altcoins ETH futures ETF has been approved by the SEC (https://www.cnbc.com/2023/10/02/ether-futures-etfs-debut-as-sec-mulls-next-steps-on-bitcoin-fund.html) and it may signal a bitcoin spot etf in the next 6 months Bitcoin Education Optech #271 covers multiple lightning improvements (https://bitcoinops.org/en/newsletters/2023/10/04/) An anonymous bitcoin dev has been watching the bitcoin network (https://b10c.me/observations/06-linkinglion/) and monitoring odd intelligent Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison | TechCrunch (https://techcrunch.com/2023/09/29/three-arrows-capital-co-founder-zhu-arrested-in-singapore-airport-sentenced-four-months-in-prison/) News Ripple bails out Fortress Trust after hackers steal customer assets (https://coingeek.com/ripple-bails-out-fortress-trust-after-hackers-steal-customer-assets/) Mike Belshe on X: I really don't want to talk about it at all, because it actually has nothing to do with BitGo. But because Fortress was not forthcoming about what actually did happen, we are now indirectly affected -…" / X (https://twitter.com/mikebelshe/status/1701322135778820181) Fortress CEO Responds to Ripple Backing Out of Acquisition - Decrypt (https://decrypt.co/199250/fortress-ceo-responds-to-ripple-backing-out-of-acquisition) Interesting analysis of bitcoin mining pool F2Pool's miner extracatble value (MEV) (https://coinmetrics.substack.com/p/state-of-the-network-issue-226) attacks on the STACKS protocol Economics The Lagged Impact Of Higher Rates | BitMEX Blog (https://blog.bitmex.com/the-lagged-impact-of-higher-rates/), Bitmex explains why monetary policy likely will take time to fail spectacularly part of a series on the next global financial (https://blog.bitmex.com/anatomy-of-the-next-global-financial-crisis/) crisis Arthur had a blog post that observes that at high levels of government deficits economic logic breaks down (https://blog.bitmex.com/are-we-there-yet/), the US gov't deficit is 8% of GDP, and nominal gdp growth is at 9% Privacy Interesting thoughts on bitcoin contributions (https://github.com/consentonchain/blog/blob/master/all_collections/_posts/2023-03-10-interview-zmnscpxj.md), privacy, and the challenges of designing the bitcoin protocol with Miner Extractable Value (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-May/020502.html) problems in mind Bitcoin Education Bitcoin optech focus on covenants and lightning (https://bitcoinops.org/en/newsletters/2023/09/27/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts Bitcoin art from a listener: caroleanndanner.com Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Optimism foundation is dumping tokens (https://www.coindesk.com/business/2023/09/21/optimism-foundation-sells-157m-op-tokens-citing-treasury-management), they are the technological provider of Coinbase's 'base' protocol News Amboss.space has a new lightning node liquidity (https://www.nobsbitcoin.com/amboss-launches-hydro/) provisioning system. Must trade sats for 'ambucks' The Mt Gox, an early crypto exchange that failed spectacularly, trustee Nobuaki Kobayashi (https://www.noandt.com/en/lawyers/nobuaki_kobayashi/) hs delayed repayments another year PDF (https://www.mtgox.com/img/pdf/20230921_announcement_en.pdf) The Gox story is an early bitcoin parable on the danger and general incopetence (https://www.reuters.com/investigates/special-report/bitcoin-gox/) of custodians in what became the bitcoin space The former exchange website lists official bankruptcy (https://www.mtgox.com/) documents and won't redirect from http to https The bankruptcy proceedings have revealed the inaddequacy (https://en.wikipedia.org/wiki/Mark_Karpel%C3%A8s) of the Japanese bankruptcy system The one individual charged relating to the Mt. Gox hack Alexander Vinnik (https://www.justice.gov/opa/pr/alleged-russian-cryptocurrency-money-launderer-extradited-united-states) was extradited to the US in 2022 Economics The US Fed remains hawkish in its latest press conference (https://wolfstreet.com/2023/09/20/in-very-hawkish-hold-fed-keeps-rates-at-5-50-top-of-range-sees-one-more-hike-in-2023-and-only-two-rate-cuts-in-2024-to-5-25-by-yearend-qt-continues/) holding at a 5.50% interest rate but the US Treasury yield curve (https://www.ustreasuryyieldcurve.com/) predicts rates falling, so the FED is likely wrong again (Eurodollar futures are also falling (https://www.investing.com/rates-bonds/eurodollar-streaming-chart)) Capital outflows from China (https://archive.ph/Ipwgn) are increasing, not a good sign Privacy The COBRA bitcoin case (https://www.nobsbitcoin.com/bitcoin-org-operator-loses-appeal-to-craig-wright/) demonstrates how pseudonomity can be attacked through legal shennanigans The Privacy Dad has some interesting thoughts on privacy in schools (https://theprivacydad.com/an-argument-for-using-schools-in-the-fight-for-digital-privacy/) as a place to fight the privacy war Bitcoin Education Inscriptions are not going away (https://twitter.com/_Checkmatey_/status/1704748379451130347) and they have changed the bitcoin fee market (perhaps forever?) A python script can sort of predict the USD price of bitcoin (https://github.com/Unbesteveable/UTXOracle/tree/main) using your nodes sats data and a template that predicts USD price relationships accross satoshis Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show A very reasonable discussion on HN around the WTF Happened in 1971 (https://news.ycombinator.com/item?id=37482646) website, the world is complicated, there are many ways to interpret history and the present, none are particularly satisfying News Binance.US cuts third of staff as CEO Brian Shroder leaves (https://cointelegraph.com/news/binance-us-cuts-third-of-staff-ceo-brian-shroder-leaves-report) Binance.US, the United States arm of the crypto exchange, has cut around a third of its staff — or 100 positions — with its president and CEO Brian Shroder also departing the firm. Binance.US Statment to CoinTelegraph: “The [Securities and Exchange Commission's] aggressive attempts to cripple our industry and the resulting impacts on our business have real-world consequences for American jobs and innovation, and this is an unfortunate example of that.” They also say "not dead yet!" “more than seven years of financial runway” amid its move to becoming a crypto-only exchange. Cool post on the Japanese bitcoin community (https://stacker.news/items/250544), I knew wiz and Arthur Hayes hang out in Japan, but would love to incorporate the bitcoin scene into a trip there Fortress Lost Customer Funds Prior to Acquisition by Ripple (https://www.nobsbitcoin.com/fortress-lost-customer-funds-prior-to-acquisition-by-ripple/) The Fortress Trust security breach (https://web3isgoinggreat.com/?id=fortress-trust-breach) is a fiat story, its not scary or exciting, just predictable with the ancient messy tech stack that U.S. corporate financial IT demands Economics Is an introduction to U.S. debt collection (https://www.bitsaboutmoney.com/archive/the-waste-stream-of-consumer-finance/) economics? It's certainly historical, and it speaks to the fragility of legacy financial agreements when compared to the on chain assurances of bitcoin Altcoins 1 of the 2 'OneCoin' founders has been sentenced (https://www.theblock.co/post/250564/one-coin-co-founder-sentenced-to-20-years-and-fined-300-million) for his role in a crypto themed Multi-level marketing ponzi scheme There is a podcast (https://podcasts.apple.com/us/podcast/the-missing-cryptoqueen/id1480370173) Brian Armstrong

Pre-Show Rumor? Ledger co-founder Nicolas Bacca to leave the company after "Recover feature" scandal

Pre-Show Sparrow turns 3 today. Public rls - Sep 1st 2020 Sparrow Wallet v1.7.9: Wallet Accounts Summary Dialog & More (https://www.nobsbitcoin.com/sparrow-wallet-v1-7-9/) News Drivechain Drama Michael Tidwell on X: "10 days ago, I tweeted on Drivechain's (DC) purpose and sidechains (SC). I've gained insights and I'll detail the 8 reasons I've seen that are against it. I will playfully denote people's names to various arguments even though these people are likely not the originators of the…" / X (https://twitter.com/miketwenty1/status/1696943794321588383) NVK GM

Pre-Show So, That's the End of Bitcoin Then (https://www.forbes.com/sites/timworstall/2011/06/20/so-thats-the-end-of-bitcoin-then/?sh=2f7e86705d71), pack it up everyone, let's go home 14 years ago “Bitcoin Is Dead” - The #1 Database of Notable Bitcoin Skeptics (https://buybitcoinworldwide.com/bitcoin-is-dead/) News Economics The discussion around the Federal Reserve raising their inflation target to 3% (https://archive.li/VehhJ) assumes many things: Strong relationship between FFs and Inflation Philips curve relationship between Employment and Inflation These are not small assumptions! Six AI Themes to Consider - Lyn Alden (https://www.lynalden.com/august-2023-newsletter/) discusses expectations around AI and bitcoin in the context of scarce assets in a world of increasing money supply Privacy Southern District of New York | Tornado Cash Founders Charged With Money Laundering And Sanctions Violations | United States Department of Justice (https://archive.ph/1vpkB#selection-2497.186-2497.487) Accusation seems to be based more on activities surrounding the TC protocol, not necessarily the actual software development Roman Storm and Roman Semenov allegedly operated Tornado Cash and knowingly facilitated this money laundering. While publicly claiming to offer a technically sophisticated privacy service, Storm and Semenov in fact knew that they were helping hackers and fraudsters conceal the fruits of their crimes Coin center alleges that the Tornado Cash indictments run counter to FinCEN guidance (https://www.coincenter.org/new-tornado-cash-indictments-seem-to-run-counter-to-fincen-guidance/) The allegations include that the defendants: (a) paid for web hosting services for a user interface that allowed users to send transaction messages to the underlying smart contracts (https://www.coincenter.org/education/key-concepts/smart-contracts/), (b) paid for a software repository (Github) where smart contract and user interface software and documentation was hosted, and (c) had (for a time before May 2020) “complete control” over the Tornado Cash (https://www.coincenter.org/education/advanced-topics/how-does-tornado-cash-work/) smart contracts. Altcoins Prime Trust Crypto Custodian Lost $8M in Doomed Terra-LUNA Stablecoin Investment, CEO Says (https://www.coindesk.com/policy/2023/08/25/prime-trust-lost-8m-in-doomed-terra-stablecoin-investment-ceo-says/) Bitcoin Education Let's talk chainstate size (https://twitter.com/openoms/status/1694066634355327381) vs blockchain size and how that is an technical important scaling limit Latest bitcoin optech #263 (https://bitcoinops.org/en/newsletters/2023/08/23/) is all about software updates Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcasht/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Sam is back in jail (https://www.coindesk.com/policy/2023/08/17/sam-bankman-fried-is-now-in-jail/), it only took a few months of witness tampering to revoke his bail FTX's Sam Bankman-Fried sent to jail over witness tampering (https://www.cnbc.com/2023/08/11/us-judge-sends-sam-bankman-fried-to-jail-over-witness-tampering.html) News The bitcoin wallet, only affects seeds generated by libbitcoin library, MilkSad vulnerability is fascinating (https://milksad.info/) and ties into the history of bitcoin, some amazing personalities, the changes in bitcoin's culture over time Andreas is no longer updateing (https://github.com/aantonop) his books, not that its his fault, just part of the CF Bank of Ireland IT blunder (https://www.independent.ie/business/personal-finance/bank-of-ireland-it-blunder-allows-customers-who-have-no-money-get-access-to-cash-at-atms/a510070628.html) allows customers to withdraw more than account balances An etherium based ERC-20 USD stablecoin from PayPal? This is the future of finance (https://newsroom.paypal-corp.com/2023-08-07-PayPal-Launches-U-S-Dollar-Stablecoin) Watch PayPal Expects New PYUSD Stablecoin Use Throughout DeFi Ecosystem - Bloomberg (https://www.bloomberg.com/news/videos/2023-08-14/paypal-expects-new-pyusd-stablecoin-use-throughout-defi-video) Economics Zoltan Poszar has thought that our banking crisis would end up on the government's balance sheet (https://cepr.org/voxeu/columns/can-shadow-banking-be-addressed-without-balance-sheet-sovereign) for a decade China Evergrand, a massive residential property developer, has filed for bankruptcy (https://twitter.com/PeterZeihan/status/1689635894129840129), and it might be China's Lehman moment (https://twitter.com/wu_wei_invest/status/1692415479527457263) Altcoins Some NFT schadenfreude at OpenSea, an altcoin NFT marketplace, strips NFT creators of 'royalty' payments (https://archive.ph/6h1o9#selection-425.3-425.118) they likely thought were consensus enforced Bitcoin Education This bitcoin optech is FIRE (https://bitcoinops.org/en/newsletters/2023/08/16/), might be an entire epsisode Yes, there is a bitcoin trained LLM to answer your bitcoin questions (https://chat.bitcoinsearch.xyz/?author=holocat), epic Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Ark 21Shares Spot Bitcoin (BTC) ETF Application Decision Delayed by SEC (https://www.coindesk.com/policy/2023/08/11/ark-21shares-bitcoin-etf-application-decision-pushed-by-sec/) The SEC has a total of 240 days to make a final decision on an application after it starts reviewing one. The SEC is giving the general public three weeks to weigh in on the proposal itself, and an additional five weeks to respond to those initial slate of comments. SEC Sounds Kinda Bullish... Bitcoin Magazine on Twitter: "NEW -

Pre-Show Thank you Amy for a wonderful summary (https://amycastor.com/2023/08/03/crypto-collapse-terra-judge-repudiates-ripple-finding-razzlekhan-cops-a-plea-binances-fdusd-stablecoin-coindesk-sold-smart-contracts-still-stupid/) of the last week's crypto screwups and absurdities Payment problems are affecting our friends on Etsy, the online marketplace's payments system is holding up to 75% of sellers funds (https://qz.com/etsy-scrambling-avert-seller-strike-over-payment-reserv-1850702861) due to being garbage, as well as crypto journalist Amy Castor as patreon has had some bounced (https://twitter.com/JasonKPargin/status/1686783605551382530) payments News At the same time as Fitch's downgrade: Tether Bought 1529 BTC in Q2, Holds More US Treasuries Than Australia (https://www.nobsbitcoin.com/tether-bought-1529-btc-in-q2/) Economics Fitch's Debt Downgrade Is Unlikely to Deter Borrowing, Investors Say - The New York Times (https://archive.ph/En2KZ#selection-831.170-831.441) both Democrats and Republicans unmovable on policies that could improve the country's fiscal position. These include, he added, changes to taxes, military spending, and Social Security and Medicare, which are expected to face ballooning costs as more baby boomers retire. Fitch's US Rating Downgrade Spotlights Debt Worry as Recession Fear Fades (https://archive.ph/C36k0#selection-6125.0-6125.295) Treasury Secretary Janet Yellen called the downgrade “arbitrary” and “outdated.” Yellen has argued that rather than looking at debt-to-GDP, a better measure of sustainability is inflation-adjusted interest payments as a share of the economy — and that metric hasn't been flashing warning lights. Privacy Privacy and paypal are non compatible. GrapheneOS, a private mobile android operating system: "Unfortunately, PayPal permanently locked our GrapheneOS Foundation account (https://nitter.at/GrapheneOS/status/1684643898319052800?ref=nobsbitcoin.com) today. No reason has been provided for the account being locked. All we've done is accept donations Altcoins Worldcoin Says It Will Let Interested 3rd Parties Use Its ID System (https://www.nobsbitcoin.com/worldcoin-europe-kenya-3rd-parties/) the project also has fallen under investigation in France, UK, and Germany It also has typical altcoin tokenomics (https://decrypt.co/149865/worldcoin-tokenomics-at-launch-supply-market-maker-loans), i.e. low float and majority of coins in early investor hands Uniswap Delists HEX Token After SEC Deems It An “Unregistered Security” (https://www.newsbtc.com/news/defi/uniswap-delists-hex-token-after-sec-deems-it-an-unregistered-security/) Bitcoin Education Bitcoin Optech #262 is heavy on the software updates (https://bitcoinops.org/en/newsletters/2023/08/02/) and includes discussions of the pitfalls of blind signature signing Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

News Fednow, the Federal Resrves new payment system for instant payments, has finally launched (https://www.frbservices.org/news/press-releases/072023-fednow-live-announcement) with '35 early-adopting banks and credit unions, as well as the U.S. Department of the Treasury's Bureau of the Fiscal Service' The US House of Representatives Fianncial Services Comittee, a House subgroup focusing on financial law, submitted a bipartisan crypto market bill (https://www.theblock.co/post/241508/democrats-oppose-crypto-market-overhaul-but-stablecoin-deal-possible) to the Aggriculture Comitte (which oddly is above it) This bill would then be submitted to the house, likely would not pass Contains the language for ICOs to become sufficiently decentralized and graduate into commodities Economics Commodity traders Goehring and Rozencwajg the patterns of commodity bull runs (https://blog.gorozen.com/blog/the-us-reserve-currency-and-commodities) and the relation to shifts in global monetary standards Jesse Myers, aka CroessusBTC, observes the shifting Overton window of bitcoin (https://www.onceinaspecies.com/p/bitcoin-overton-window-lurches-forward) and how very little interest it needs to get really bullish Dedollarization slowly proceeds with Argentina using Chinese RMB to pay off IMF debt (https://www.ntd.com/imf-hints-allowing-countries-to-use-chinese-yuan-for-debt-repayment_931020.html) Privacy The Director of Investigations at Chainalysis, a blockchain surveillance and ant-privacy firm, unaware of scientific basis (https://archive.ph/MYkId) of their surveillance product The actual recorded testimony clarifies that Chainalysis does not validate (https://archive.ph/pGdx7) their results (why would they? Just trust us) The FBI arrested the admin of a Mastadon server on charges unrelated to the server, but seized all his electronic devices (common clause in arrest warrants) wich included a backup of all server data (https://www.eff.org/deeplinks/2023/07/fbi-seizure-mastodon-server-wakeup-call-fediverse-users-and-hosts-protect-their?ref=nobsbitcoin.com) Just getting off twitter doesn't solve the problem of privacy online Energy and Bitcoin Yet another bitcoin argument for mining logically reaching zero emissions (https://www.coindesk.com/consensus-magazine/2023/07/24/the-single-most-important-truth-about-bitcoin-mining-energy-and-the-environment/?utm_source=breakdown.beehiiv.com&utm_medium=newsletter&utm_campaign=worldcoin-controversy-reactions) But what's the real energy disconnect between Greenpeace/COP21 and bitcoin energy maximalists? Doomberg thinks that the core fallacy is the economic theory of degrowth (https://www.vox.com/future-perfect/22408556/save-planet-shrink-economy-degrowth) that associates growth and environmental destruction. Listen to Doomberg, Rozencwag, and Anas Alhaji on energy investing and shfiting ESG narratives (https://youtu.be/nDYtMvf0aKI?t=1551) Bitcoin Education Bitcoin Optech #261 covers lightning protocol discussions (https://bitcoinops.org/en/newsletters/2023/07/26/?ref=nobsbitcoin.com) on the bitcoin dev mailing list, as well as an interesting stack overflow where Peter Wuille explains why a bitcoin seed should probably have more than 128 bits of entropy (https://bitcoin.stackexchange.com/a/118928), but individual addresses don't Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show The FTX Foundation planned to buy the island of Naru (https://twitter.com/0x_tracy/status/1682341544009801728?s=12&t=E9EIlRX-vHxbQ8g23lQU3A) to build a supervillain's lair A bitmex blog post discusses Gary Gensler's history (https://blog.bitmex.com/genslers-done-it-all-before/) as CFTC comissioner during alleged gold price manipulation that turned out to be justified (https://www.cftc.gov/PressRoom/PressReleases/8260-20) News Crosseus, a bitcoin institutional investor, reminds us that the stock to flow model still exists (https://www.onceinaspecies.com/p/stock-to-flow-reality) and might be direcitonally correct, of course its mathematically ridiculous (https://bitcoinmagazine.com/markets/why-bitcoin-stock-to-flow-is-not-useful) Regulatory arbitrage for crypto businesses is no walk in the park after Kuwait bans bitcoin (https://archive.ph/ISf9t) Economics Is the US Government relying less on foreign financing of deficit spending (https://wolfstreet.com/2023/07/19/time-to-look-at-foreign-demand-for-the-incredibly-ballooning-us-national-debt/) or is the rest of the world not able to consume the current massive issueances of treasuries? Altcoins The XRP legal ruling is a bit more complicated (https://podcasts.apple.com/us/podcast/analysis-of-sec-vs-ripple/id1521896742?i=1000621436122) than we thought, a great conversation from Coin Center Bitcoin Education A Bitcoin Talk describes how miners find valid blocks (https://bitcointalk.org/index.php?topic=9438.msg136344#msg136344) really well Bitcoin Optech #260 features the last waiting for confirmation (https://bitcoinops.org/en/newsletters/2023/07/19/) segment from Gloria Zhao and Merch Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Celcius CEO Alex Mashinsky was arrested (https://archive.li/LdCF6) for fraud, finally. News Economics Lyn Alden's latest market update (https://www.lynalden.com/july-2023-newsletter/) builds on her article charting the relationship between interest rates and inflation (https://www.lynalden.com/inflation-vs-interest-rates/). Since conventional central bank focused economics is posited on interest rates influencing inflation, it's a precient topic. Lyn points to the International Monetary Fund's, a multinational financial organization, paper on using inflation and financial repression (https://www.imf.org/en/Publications/WP/Issues/2016/12/31/The-Liquidation-of-Government-Debt-42610) to solve goverment debt crisis Altcoins Ripple has won a victory over the SEC as a US judge rules that selling XRP tokens to VCs is illegal but fine when dumping on retail (https://prestonbyrne.com/2023/07/13/ripple-labs-ruling-throws-u-s-crypto-token-regulation-into-disarray/) The ruling is unlikely to hold (https://nitter.net/BryanJacoutot/status/1679539619312853028#m) and this case might be more about what happens to Etherium The real question is how Bitcoin is interpreted via the Howey Test (https://jacoutotonlaw.com/wp-content/uploads/2023/02/Bitcoin_Crypto-Securities-analysis02.pdf) (PDF WARNING) Proof of Stake on ETH has resulted in increased demand for liquid staking tokens (https://insights.glassnode.com/the-week-onchain-week-27-2023/?utm_campaign=woc_27__2023&utm_medium=woc_newsletter&utm_source=email), centralizing staking and network consensus, also average holdings are ~$100k so this is a big fish game, plebs need not apply Bitcoin Education Bitcoin Optech covers lightning protocol cleanup (https://bitcoinops.org/en/newsletters/2023/07/12/) and more transaction relay discussion Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts Baller Boosts From: @clarkian 58,008 sats Episode 89: Not at all about Bitcoin Great episode, gentlemen. Great discussion on mis/disinformation. Has been my thoughts on the issue for a while. I read this good article on KYC/AML and thought you might want to review. I worked at banks for a while and always had to take yearly training on it. Hate it. https://disruptives-horizons.com/p/kyc-aml-destroying-world Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show BlackRock CEO Larry Fink is now promoting bitcoin (https://www.nobsbitcoin.com/blackrock-ceo-larry-fink-on-bitcoin-regulation-and-esg/) on tv news Binance Chief Strategy Officer Patrick Hillmann (https://twitter.com/PRHillmann/status/1677070523740884992) and Vice President for Compliance Steven Christie (https://twitter.com/SKChristie9/status/1677116795499712512) confirmed in tweets on Friday morning in Asia that they are leaving the world's largest crypto exchange. The confirmations came after Fortune reported (https://fortune.com/crypto/2023/07/06/binance-crisis-executives-quit-changpeng-zhao-justice-department/) multiple Binance senior executives were resigning amid regulatory investigations and lawsuits. News Economics Christine Laguard's speach at the Council on Foreign Relations earlier this year, reveals the ECB announced the end of central bank independence (https://www.cfr.org/event/c-peter-mccolough-series-international-economics-christine-lagarde) and further fragmentation of the dollar system She also casually points out that there are no property right guarantees in the dollar system: > For a start, an economic policy mix that produces less volatile growth and inflation will be key in continuing to attract international investment. And although 50 to 60 percent of foreign-held U.S. short-term assets are in the hands of governments with strong ties to the United States—those that I think Janet Yellen calls the “friends,” meaning that they're unlikely to be divested for geopolitical reasons—the single most important factor influencing international currency usage remains the strength of fundamentals. And by that, we know that it is the rule of law, strong respected institution, as well as open capital markets. Privacy The 'misinformation industrial complex' is being academically formalized (https://misinforeview.hks.harvard.edu/article/mis-and-disinformation-studies-are-too-big-to-fail-six-suggestions-for-the-fields-future/) and a Harvard think tank is refreshingly self-reflective on what that means for society Bitcoin Education Bitcoin Optech #258 is pretty thin (https://bitcoinops.org/en/newsletters/2023/07/05/) reflecting the summer slowdown (we hope) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Crypto Firm Prime Trust Placed Into Receivership (https://www.investopedia.com/crypto-firm-prime-trust-placed-into-receivership-7554247), affecting many bitcoin businesses Crypto Firms Swan, Coinbits Disclose Prime Trust Ties as Fallout Continues - Decrypt (https://decrypt.co/146601/swan-coinbits-disclose-prime-trust-ties-fallout-continues) Alistair Milne on Twitter (https://twitter.com/alistairmilne/status/1674801660382830594): "This address: bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 ... has accumulated $3.5billion of #BTC in just 44 days @saylor needs to up his game @Tether_to is doing rookie numbers by comparison https://t.co/q5KHRUtoTZ" / Twitter News Apple is removing damus, a popular nostr (https://www.nobsbitcoin.com/damus-about-to-be-removed-from-apples-app-store/) client jack on Twitter: "Removed from the App Storer (https://twitter.com/jack/status/1673640974143168512) for enabling tipping to everyone in the world without the need for a bank, payment card, or government permission. https://t.co/kfeQNfal8Q" Economics The Bank of England is aware of liquidity problems, but creates arbitrary research (https://bankunderground.co.uk/2023/06/29/funding-structures-and-resilience-to-shocks-after-a-decade-of-regulatory-reform/) instead of lowering interest rates Where is the recession we've all been waiting for (https://wolfstreet.com/2023/06/29/waiting-for-the-promised-recession-economic-growth-even-stronger-than-feared-treasury-yields-spike/)? OPEC oil output posts small drop in June ahead of Saudi cut (https://www.hydrocarbonprocessing.com/news/2023/06/opec-oil-output-posts-small-drop-in-june-ahead-of-saudi-cut/) OPEC Forecasts 23% Rise in Global Oil Demand Through 2045 (https://www.msn.com/en-us/money/markets/opec-forecasts-23-rise-in-global-oil-demand-through-2045/ar-AA1d3IN8) Bitcoin Education A beginner's guide to creating a wallet (https://www.athena-alpha.com/sparrow-wallet/) using Sparrow How to get started with RoboSats (https://bitcoiner.guide/robosats/), another guide You can Self-Host RoboSats (https://github.com/RoboSats/robosats) Boltz (https://boltz.exchange/) Also an Umbrel app A lean bitcoin optech (https://bitcoinops.org/en/newsletters/2023/06/28) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts FROM: adriatic_dany 99,999 Sats There's been some moderate hype (with the inevitable price speculation/manipulation aka p'n'd) last year around a proof of work project called Kaspa. I'm not invested (yet) because I'd love first to know your opinion, my technological analysis skills are lacking. I understand all the buzz is about their GhostDAG protocol posed to solve the historical dilemma way more efficiently than Lightning and the fact that they fair launched with no premined/presold coins and no company behind the project Home - Kaspa (https://kaspa.org/) What is Kaspa (KAS), and How Does it Work? | CoinGecko (https://www.coingecko.com/learn/what-is-kaspa-kas) The Kaspa Founding Contributors. The Architects Behind Kaspa's Success (https://medium.com/kaspa-currency/the-kaspa-founding-contributors-c2f06a2eb74c) Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world's first blockDAG – a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid single-second block intervals. Built by industry pioneers, led by the people. "completely open source with no central governance – following in the ethos of coins like Bitcoin, Litecoin, or Monero."

Interview: Paul Sztorc Paul's vision of scaling is built on his proposal for drivechains (https://drivechain.xyz/), sidechains that hold coins using bitcoin miner escarow Pauls proposal of thunder, a way to scale sidechains (https://www.truthcoin.info/blog/thunder/) on bitcoin The mathematical limitations (https://www.truthcoin.info/blog/lightning-limitations/) of lightning network scaling on bitcoin Hal Phinney on intrade (https://www.overcomingbias.com/p/intrades-condithtml) and prediction markets The pre-Blockstream sidechains paper (https://blockstream.com/sidechains.pdf) that formed the basis for the Liquid Sidechain The original Scaling Bitcoin Conference (https://coingeek.com/scaling-bitcoin-conference-day-1/) that Paul mentioned The BitDNS conversation (https://bitcointalk.org/index.php?topic=1790) on bitcointalk.org The New Yorker Magazine convered the dramatic end of intrade (https://www.newyorker.com/news/john-cassidy/what-killed-intrade), and controversy surrounding its' CEO Paul's Drive Chain Insiders (https://t.me/dcinsiders) telegram group Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Coinmetrics can accurately predict bitcoin global energy use (https://web.archive.org/web/20230615093116/https://5264302.fs1.hubspotusercontent-na1.net/hubfs/5264302/special-insights/coinmetrics-research_the-signal-and-the-nonce.pdf) by fingerprinting ASIC chips through their nonce values The worst data scientist RE bitcoin energy debates his model with bitcoiners (https://stephanlivera.com/episode/487/), give it a listen News The NYT laments the end of the hallucination of a sustainable globalized economy (https://archive.is/JcHqD#selection-1432.0-1432.1) and begins to orangepill its' readers “Financial globalization was supposed to usher in an era of robust growth and fiscal stability in the developing world,” said Jayati Ghosh, an economist at the University of Massachusetts Amherst. But “it ended up doing the opposite.” Economics Arthur Hayes on the fungible nature (https://blog.bitmex.com/fungible/) of capital and why U.S. anti-crypto moves are irrelevant Bitcoin Education Bitcoin Optech Newsletter #256 discusses the dry but consensus shaping implications of different transaction relay policies (https://bitcoinops.org/en/newsletters/2023/06/21/), which helps illustrate the hot mess of decentralized consensus and how this really is a huge experiment On the other end of the spectrum, identical policies across the network help converge mempool contents. A network with matching mempools relays transactions the most smoothly, and is also ideal for fee estimation (https://bitcoinops.org/en/newsletters/2023/06/07/#waiting-for-confirmation-4-feerate-estimation) and compact block relay (https://bitcoinops.org/en/newsletters/2023/05/17/#waiting-for-confirmation-1-why-do-we-have-a-mempool) as mentioned in previous posts. Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

News Apple banned and then unbanned the zeus lightning app (https://nitter.net/evankaloudis/status/1669297584140165123#m) from its app store Part of a wider policy of banning bitcoin apps (https://www.nobsbitcoin.com/the-battle-for-zaps-on-damus-continues/) that facilitate payments Another poposed crypto infrastructure bill (https://www.cato.org/blog/decentralization-defined-house-crypto-discussion-draft-offers-glimmer-hope-us-crypto-policy) in the US House of Representatives looks like another Left/Right issue River, a bitcoin financial company, issued a report on bitcoin vs legacy payments (https://river.com/learn/files/river-payments-report.pdf?ref=blog.river.com) Response to 2022's ECB report that concluded bitcoin can't win (https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2693~8d4e580438.en.pdf) vs CBDCs Economics and Banking The Cato Institute, an American libertarian thinktank, polled americans about CBDCs (https://www.cato.org/survey-reports/poll-only-16-americans-support-government-issuing-central-bank-digital-currency) and the results speak to the complexity of money, status, and politics The SEC may be talking back its own limitations (https://www.cato.org/blog/feds-questionable-cbdc-campaign) on allowing a b2b CBDC Privacy Also from the CATO CBDC poll, some American's might be ok with government surveillance (https://www.cato.org/blog/nearly-third-gen-z-favors-home-government-surveillance-cameras-1) in their own home if it protected against crime Bitcoin Education Bitcoin Optech #255 covers a discussion on the taproot annex (https://bitcoinops.org/en/newsletters/2023/06/14/) a place for additional data for taproot transactions as well as the recent silent payments (https://gist.github.com/RubenSomsen/c43b79517e7cb701ebf77eec6dbb46b8) BIP Network node count is one measure of decentralization (https://bitnodes.io/nodes/live-map/), but there are subjective elements Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

News Sec complaint against Coinbase (https://storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.1.0.pdf) is an interesting read and includes the Coinbase self-custodial wallet as a target The U.S. Justice Department claims two Russian nationals laundered 647k bitcoin (https://archive.is/MXuRz) from the Mt. Gox hack Economics and Banking Arthur preaches patience (https://blog.bitmex.com/patience-is-beautiful/) in waiting for the fiat liquidity situation to work out The In Gold we Trust (https://ingoldwetrust.report/wp-content/uploads/2022/05/In-Gold-We-Trust-report-2022-Compact-Version-english.pdf) report is back and the theme is Stagflation Bitcoin Education Bitcoin Optech covers a demonstration of a less efficient op code in stead of OP_CTV using a merkalize all the things (https://bitcoinops.org/en/newsletters/2023/06/07/) (MATT) component Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Interview: Burak on ARK Burak's Links His blog (https://burakkeceli.medium.com/) on medium The ark project (arkpill.me) website Ark telegram (https://t.me/ark_network_community) group for asking questions Links Related to Ark Conversation A description of ark as a coinpool protocol (https://bitcoinops.org/en/newsletters/2023/05/31/) in the Bitcoin Optech Newsletter #253 Ruben Somsens' ark explanation (https://gist.github.com/RubenSomsen/a394beb1dea9e47e981216768e007454) on github Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Border Searches of Cell Phones Require a Warrant, Rules US Federal Judge in a Historic Decision (https://www.nobsbitcoin.com/border-searches-of-cell-phones-require-a-warrant-us-federal-judge/) News Lots of crypto schadenfreude in Amy Castor's newsletter (https://amycastor.com/2023/05/26/crypto-collapse-fahrenheit-buys-celsius-dcg-may-be-broke-hong-kong-cracks-down-binance-commingling-how-bitfinex-was-hacked/) Economics and Banking The EU's cbdc is using a UTXO model (https://web.archive.org/web/20230530211750/https://www.ecb.europa.eu/pub/pdf/other/ecb.prototype_summary20230526~71d0b26d55.en.pdf), but no, this isn't a response to bitcoin USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown (https://finance.yahoo.com/news/usdc-issuer-circle-ditched-u-184028302.html) Tether is investing operating profits in bitcoin (https://archive.ph/zmtAv), Energy A multi university study of the texas grid (https://www.sciencedirect.com/science/article/pii/S266679242300015X) identifies positive benefits to bitcoin miners engaged in demand resposne programs Bitcoin Education The problem of low-value (https://blog.bitmex.com/lightning-payments-when-are-they-too-small-to-secure/?ref=nobsbitcoin.com) lightning payments Bitcoin Optech Newsletter #253 (https://bitcoinops.org/en/newsletters/2023/05/31/) covers ARK, analsysis of different transaction sizes and lots of updates Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Bottlepay shuts down again (https://www.nobsbitcoin.com/bottlepay-is-shutting-down/) News High bitcoin fees are leading to an explosion of scaling ideas, including Barak the lightning slayer's ARK, an offchain private scaling solution (https://www.arkpill.me/faq) Barak explains it deeply (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-May/021694.html) on the linux mailing list WalletScrutiny has been taken down again (https://www.nobsbitcoin.com/walletscrutiny-com-is-down-due-to-dmca-takedown-notice/) due to a nuissance lawsuit Must check resource before using a wallet (https://walletscrutiny.com/) US HoR Representative Tom Emmer (https://emmer.house.gov/2023/5/emmer-and-soto-introduce-bipartisan-bill-to-provide-regulatory-clarity-for-digital-assets)'s proposed Securities Clarity act (https://www.congress.gov/bill/117th-congress/house-bill/4451?s=1&r=98) is a shipcoin bill Altcoins OpenAI + WorldCoin, debunking ultra-scammer Sam Altman's agenda (https://www.reuters.com/technology/openais-sam-altman-raises-115-mln-worldcoin-crypto-project-2023-05-25/) WorldCoin is built on Cosmos (https://worldcoin.org/articles/what-is-cosmos-crypto) a plug and play VC blockchain solution Worldcoin gitub repo is completely dead (https://github.com/worldcoin) Get some context on OpenAI and ChatGPT by listening to Coder Radio 519: Not So OpenAI (https://coder.show/519) Economics and Banking Evidence emerges that central banks around the world coordinated a 2008 manipulation (https://archive.is/itv9C) of LIBOR JP Morgan explains that the Fed helped design (https://www.jpmorgan.com/commercial-banking/insights/the-global-move-away-from-LIBOR) SOFOR, an easier to control alternative LIBOR was killed due to a 2012 scandal (https://www.cfr.org/backgrounder/understanding-libor-scandal) where banks gamed LIBOR to make derivative returns Bitcoin Education Bitcoin Core v25 released with significant maintenance upgrades (https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-25.0.md?ref=nobsbitcoin.com) including higher witness data limits, better error messages, and more build options Awesome Robostats (https://archive.ph/5W46l) guide Bitcoin Optech #252 covers (https://bitcoinops.org/en/newsletters/2023/05/24/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Etherium transactions stopped finalizing briefly (https://www.coindesk.com/tech/2023/05/17/ethereums-loss-of-finality-what-happened/) last week but it didn't really cause issues News Altcoins Ledger Recovery is a terrible idea poorly executed (https://stacker.news/items/179721) but its understandable that this model of crypto custody would be tried eventually How Nunchuk multisig wallet works (https://nunchuk.io/how-it-works), an alternative inheritance strategy Seth also explains what's wrong (https://nitter.it/sethforprivacy/status/1658544658761277447) No Grayscal trust for FileCoin (https://www.coindesk.com/policy/2023/05/17/filecoin-price-drops-after-sec-asks-grayscale-to-withdraw-fil-trust-application/) says SEC Even Justin Sun says FileCoin (https://eng.ambcrypto.com/is-filecoin-an-exit-scam-asks-trons-justin-sun/) is a pump and dump scam How does Filecoin work? It's complicated. (https://docs.filecoin.io/basics/what-is-filecoin/overview/) https://fiatjaf.com/d5031e5b.html Economics and Banking Arthur's latest blog post The Denominator (https://blog.bitmex.com/the-denominator/) explores the changing risk in the US banking system and the implications for long term growth (bad) (TLDR: nationalize banking system and bitcoin wins or don't but cut rates, bitcoin wins) Europe has its first Bitcoin ETF (https://bitcoinmagazine.com/markets/jacobi-asset-management-to-launch-spot-bitcoin-etf-europe), how is Europe lapping the US in cyrpto finance (https://www.coindesk.com/policy/2023/05/16/eus-crypto-legal-framework-inches-towards-law-with-finance-ministers-sign-off/) Bitcoin Education Fiatjaf's idea to use spacechains and fedimints (https://www.nobsbitcoin.com/using-spacechains-and-fedimint-to-solve-scaling/) to scale bitcoin transcation throughput Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

A brief history of the brief history of ordinal inscriptions (https://insights.glassnode.com/the-week-onchain-week-07-2023) on bitcoin from glassnode Another introduction to ordinals (https://blog.bitgo.com/the-rise-of-ordinal-inscriptions-dbe7cb0336c6) from crypto company Bitgo Bitcoin developer Andrew Poelstra on why banning arbitrary data (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-January/021372.html) from the bitcoin blockchain isn't feasible The Ordinal docs (https://docs.ordinals.com) The introductory doc to BRC-20 (https://domo-2.gitbook.io/brc-20-experiment) experiment which uses ordinals to create altcoins on bitcoin Brandon Black's github (https://github.com/brandonblack)

News Bitcoin Held On Exchanges Hits Five Year Low (https://www.nobsbitcoin.com/bitcoin-held-on-exchanges-hits-5-year-low/) PayPal to acquire cryptocurrency security startup Curv (https://techcrunch.com/2021/03/08/paypal-to-acquire-cryptocurrency-custody-startup-curv/) Commercial Real Estate is the next legacy asset to implode and a test sale (https://wolfstreet.com/2023/05/09/what-are-older-office-towers-worth-heres-the-first-sale-in-san-franciscos-new-era-of-office-cre/) indicates prices could fall by 75% Frontline's The Age of Easy Money (https://www.youtube.com/watch?v=EpMLAQbSYAw), a documentary about FED policy in the 2010s Bitcoin Education Come to Adopting Bitcoin (https://www.nobsbitcoin.com/adopting-bitcoin-2023-11-07-san-salvador/) Bitcoin Optech #250 showcases a paper on POWswap (https://bitcoinops.org/en/newsletters/2023/05/10/), a way for miners to 'insure' themselves against changes in hashrate, and several release candidates Also covers some concerns from Adam Gibson (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-April/021594.html) with signature adaptors (https://bitcoinops.org/en/topics/adaptor-signatures/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Interview: Anthony S. Park - Bitcoin Executor Note: no affiliation with Anthony and this conent is focused on practices in the United States Make a plan since dealing with an estate (https://anthonyspark.com/e313-how-to-think-like-your-bitcoin-heirs/) is harder than you think Anthony on not letting the perfect be the enemy of the good (https://anthonyspark.com/e308-have-a-placeholder-bitcoin-inheritance-plan/) in your estate planning Say hi to Anthony on twitter at @btcexecutor (https://twitter.com/btcexecutor) or checkout his podcast that he didn't mention (https://podcasts.apple.com/us/podcast/simple-money-wins/id1428593055) A bitcoin executor nomination (https://anthonyspark.com/e292-help-i-dont-have-a-bitcoin-executor-for-my-will/) in your will Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show The AdoptingBTC conference (https://pretix.eu/galoy/ab23/) in El Salvador on November 7th News The U.S. Whitehouse is proposing a new tax (https://www.nobsbitcoin.com/biden-admin-bitcoin-mining-tax/) on electricity used by bitcoin miners Jen W, a journalist at NYMAG, has a great expose (https://nymag.com/intelligencer/2023/05/is-the-federal-government-trying-to-kill-off-crypto.html) on the regulatory hurdles being used to drive "Crypto" businesses out of the United States Glassnode, a blockchain data providor, reviews what moved on the bitcoin blockchain (https://insights.glassnode.com/the-week-onchain-week-18-2023/) this week Lyn Alden on the structure and implications of open monetary networks (https://www.lynalden.com/open-networks/) .i.e. the very structure and rules of money create the current state of society Altcoins Coinmetrics on MakerDAO (https://archive.is/wip/n9kLQ), a decentralized collateralized stablecoin, that is struggling to remain decentralized and stable Economics and Banking First Republic bank is has been sold to JP Morgan (https://wolfstreet.com/2023/05/01/first-republic-zombie-bank-dismembered-pieces-handed-to-jp-morgan-uninsured-depositors-bailed-out-stockholders-some-bondholders-bailed-in/) as the U.S. Banking crisis accelerates Though some regional banks dispute claims (https://www.businesswire.com/news/home/20230504005831/en/Western-Alliance-Bancorporation-Issues-Statement-Disputing-Recent-Financial-Times-Article) of their financial distress Even the IMF's own research (https://www.imf.org/en/Publications/WP/Issues/2022/11/11/Wage-Price-Spirals-What-is-the-Historical-Evidence-525073) don't support the wage-price spiral argument that justifies current central bank anti-employment policy Privacy Lets talk payjoins (https://www.nobsbitcoin.com/tracking-payjoin-adoption/) and other Bitcoin Education Bitcoin Optech #249 covers another proposal for bitcoin vaults (https://bitcoinops.org/en/newsletters/2023/05/03/) and waxwing's thoughts on adapter signatures which are necessary for new taproot multisig constructions Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Who is Huw Pill? Bank of England career page (https://www.bankofengland.co.uk/about/people/huw-pill/biography) The 2% inflation target is not scientific (https://qz.com/2022696/where-did-the-feds-2-percent-inflation-target-come-from) it came from an off the cuff remark by a New Zealand official The podcast in question (https://www.law.columbia.edu/news/archive/beyond-unprecedented-post-pandemic-economy) Edward Chancellor's excellent book (https://en.wikipedia.org/wiki/Devil_Take_the_Hindmost) on financial panics Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Millions of dollars lost while moving through an airport (https://www.reuters.com/world/americas/canadian-police-investigating-c20-million-gold-heist-toronto-airport-2023-04-20/) contrasts with over $10 million in BTC (https://www.reddit.com/r/CryptoCurrency/comments/12y32xa/over_10_million_in_btc_was_sent_in_1_transaction/) was sent in 1 transaction this morning, and it cost the sender $5 News Better update LND lightning nodes (https://stacker.news/items/170942) as it looks like a critical vulernability was discovered The release lnd v0.16.1-beta (https://github.com/lightningnetwork/lnd/releases/tag/v0.16.1-beta) notes Altcoins Crypto did not cause Signature, Silvergate and SVB collapses, and FTX exposure was minimal per a U.S. Congressional report (https://www.kitco.com/news/2023-04-27/Crypto-did-not-cause-Signature-Silvergate-and-SVB-collapses-and-FTX-exposure-was-minimal-Congressional-report.html) The report (https://crsreports.congress.gov/product/pdf/IN/IN12148) istelf Economics and Banking The U.S.A.'s banking crisis is not over (https://wolfstreet.com/2023/04/24/first-republic-discloses-its-a-zombie/) as First Republic limps on A former FDIC official observes that the FDIC is broke (https://podverse.fm/episode/wYVEpVzaC) after nationalizing Sillicon Valley Bank (SVB), Signature Bank, and Silvergate Bank Arthur's baaaack and on fire with his latest blogpost (https://blog.bitmex.com/exit-liquidity/) on what a dollarized world is from a trade perspective and what comes next (gold then bitcoin?) China's gold reserves (https://www.gold.org/goldhub/gold-focus/2023/02/chinas-gold-market-january-gold-reserves-continued-rise#:~:text=Gold%20reserves%20rose%20further&text=By%20the%20end%20of%20January%2C%20China%27s%20gold%20reserves%20reached%202%2C025,of%20China%27s%20total%20official%20reserves) continue to rise, perhaps as an alternative escape hatch for trade surpluses Lyn Alden is also back discussing the US debt ceiling (https://www.lynalden.com/april-2023-newsletter/) and how it will interact with relativly illiquid financial markets Bitcoin Education How does a smaller bicoin node (https://dci.mit.edu/utreexo) that uses more bandwidth sound? Meet utreexo (https://bitcoinops.org/en/topics/utreexo/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Alexi, the developer of Tornado Cash, might be getting out on bail (https://www.theblock.co/post/227329/alexey-pertsev-tornado-cash-developer-free-pending-trial) after 6 months in jail waiting a trial News Economics and Banking The Treasury Borrowing Advisory Commitee (TBAC (https://home.treasury.gov/policy-issues/financing-the-government/quarterly-refunding/treasury-borrowing-advisory-committee-tbac)), proposed a Treasury buyback program (https://home.treasury.gov/news/press-releases/jy1239) in February, another sign that Yield Curve Control is the solution to the U.S. Governments debt spiral The 1 yr US Treasury bill continues to sharply invert (https://wolfstreet.com/2023/04/20/short-end-of-the-treasury-market-goes-totally-nuts-doubts-creep-in-over-debt-ceiling/), expressing a negative economic outlook Energy Germany shut down its remaining nuclear plants (https://www.world-nuclear-news.org/Articles/A-guide-The-end-of-Germany%E2%80%99s-nuclear-power) after a multi-decade political shift against nuclear energy Eon, a German energy producer, increased electricity prices by 45 percent (https://www.tichyseinblick.de/daili-es-sentials/eon-erhoeht-strompreise/amp) in related news english version (https://www-tichyseinblick-de.translate.goog/daili-es-sentials/eon-erhoeht-strompreise/amp?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp) Privacy Trezor, a hardware wallet, adds coinjoin integration for user privacy, but its through Wassabi Wallets ZKSnacks' coordiator that does chain analysis on users (https://nitter.sethforprivacy.com/sethforprivacy/status/1648727943470776320) before letting them coinjoin MullvadVPN, a reputable privacy focused VPN provider, was served a warrant (https://mullvad.net/en/blog/2023/4/20/mullvad-vpn-was-subject-to-a-search-warrant-customer-data-not-compromised/) in Sweden, their home juristiction, no customer data was handed over since Mullvad collects no such data jam (https://github.com/joinmarket-webui/jam) is a webui on top of joinmarket, a maker-taker based coinjoin protocol that avoids the centralized coordinator issues of Samurai and Wasabi Bitcoin Education Let's talk bitcoin's security model (https://www.lynalden.com/bitcoin-security-modeling/) to see if critique's of bitcoin security (https://twitter.com/mira_hurley/status/1648624743589740545) are useful or the new FUD Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Boosts: For recurrent boosts like a membership model, try using oak.home (https://oak-node.net/doc/trunk/README.md) to boost the show's LNURL: bdadpod@getalby.com Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

Pre-Show Sweden hikes taxes on datacenters (https://www.coindesk.com/policy/2023/04/14/sweden-drives-final-nail-into-its-bitcoin-mining-industry-with-tax-hike/) bitcoin miners included Riot Blockchain's critique of the NYT (https://www.riotplatforms.com/news-media/press-releases/detail/150/riot-platforms-inc-statement-the-new-york-times)'s latest anti-bitcoin mining (https://archive.is/MQ7fm) article News A critique of Bitcoin's value proposition (https://blog.rongarret.info/2023/04/a-systematic-critique-of-bitcoins-value.html) focuses on nitpiking the whitepaper but provides a good introcution to bitcoin's security model Altcoins The ETH Shanghai hardfork has enabled unstaking (https://coinmetrics.substack.com/p/state-of-the-network-issue-202#%C2%A7the-shanghai-redemption-ethereums-latest-upgrade) and the onchain activity suggests relatively high demand to hold for stakers LIDO will not enable withdrawls (https://twitter.com/irina_everstake/status/1644068825107779629) but it seems like a reasonable technical schedule Arthur Hayes, one of the BitMex founders, is shilling his investments in ETH staking infrastructure (https://blog.bitmex.com/shapellas-show/), a variation of buying the first page of alts in a bull rise Bitcoin Education Bitcoin Optech #246 covers a new proposal for off chain lightning channel rebalancing (https://bitcoinops.org/en/newsletters/2023/03/29/) that builds on channel factories NOSTR education and an LNBits guide (https://darthcoin.substack.com/p/lnbits-nostr-market) by friend of the show darthCoin Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)