By The Bitcoin Dad
4.9
99 ratings
The podcast currently has 124 episodes available.
FTX customers are being paid back in full! ...at the bitcoin price of $16k
Citrea claims to be a prototype zero knowledge Etherium Virtual Machine (zk-EVM) built on bitcoin but its not working and might never work
Chinese stock market drops prompt sudden replacement of a chief regulator, further attempts at bank stimulus
Canada seems jealous of the US' attempt to politicize energy policy with a bill that makes promotion of fossil fuels a crime
Nitter, our favorite private twitter viewing frontend, is dead
Chris on Nostr
What are rollups? Glad you asked..
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
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Harvard report on housing in the USA 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
Gavin Newsom Witnesses Shoplifting
SNL - Debanking Weekend Update
Arthur Hayes' thinks that Bitcoin will go down and then up ... no duh
Rember Evergrande? A Hong Kong court has ordered liquidation 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's underwater treasury portfolio's in March while US Regional banks are still under financial pressure
U.S. regional banking shares tumble for second straight day
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
Holger Zschaepitz on X
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)
Remember to get in touch [email protected] or @bitcoindadpod on twitter
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"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.
Blink plugin 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 and COPA has decilined a desperate last minute settlment offer from CSW
CSW Forgeries-COPAvWright.pdf
Chinese stocks suffer, 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
FTX sold about $1 bln of Grayscale's bitcoin ETF since its approval
Vijay Boyapati 🦢 on X: "1/ There was a much more important fraud than SBF's embezzlement that took place in 2022. It was a fraud (allegedly) perpetrated by one of the oldest companies in the space, @DCGco and its CEO, @BarrySilbert. Time for a thread 👇" / X
James Seyffart on X
Update for day 10 of the #Bitcoin ETF Cointucky derby. Volumes and flows are both slowing down a bit. Another slight negative day on flows. Total net flows stand at +$744 million. $IBIT likely crosses 2 billion in assets today
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ETF?
SEC’s bitcoin ETF tweet fiasco may end in fraud charges, lawyers say - Blockworks
Day 1 Trade data:
Bitwise: $125 million
Coinbase did $7B in Bitcoin transfers OTC during the day.
Wally Street seems happy with the results
Eric Balchunas on XX
James Seyffart on X
"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
Arthur Hayes on the confluence of financial system, banking, and economic stress, which means bitcoin might dump
Shinobi on Bitcoin Magazine explains the economic rational for layered scaling in terms of Jevons Paradox, the observation that increasing efficency can also increase demand, which increases price
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.
Remember to get in touch [email protected] or @bitcoindadpod on twitter
Consider joining the matrix channel using a matrix client like element, details here
If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us!
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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 if he were the government, emphasizing that bitcoin and crypto are mainly used for criminal purposes.
Paying for oil in Indian Rupees is still unattractive as transaction costs are higher than paying in dollars
Lyn Alden's latest piece on divergence in US Monetary and Fiscal Policy predicts government deficits driving monetary policy in the futre
cut + The US Congres has had multiple crypto bills but little movement and none likely in 2024
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.
The first recommendation is to check out a recent episode: Bitcoin Dad Pod Episode 116: Liquid Courage
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
More UTXOs, more problems: High fees, signing failures, and how to avoid them - Unchained
UTXOs, addresses, and CoinJoins: Preserving privacy in a bitcoin economy - Unchained
Remember to get in touch [email protected] or @bitcoindadpod on twitter
Consider joining the matrix channel using a matrix client like element, details here
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.
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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
Ocean pool is adding block template options that do not filter transactions per bitcoin knots policy, but you need to pay more to use them
Arthur Hayes lays out the fiat debasement hedge that is bitcoin and why other crypto value traps do not provide this fundamental value
Remember to get in touch [email protected] or @bitcoindadpod on twitter
Consider joining the matrix channel using a matrix client like element, details here
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.
Send a re-ocurring or one-off lightning boost to the show with no message at [email protected] or directly to Chris at [email protected]
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Stacker news, a reddit clone that upvotes via lightning, has started OFAC complicance due to fears about US Financial regulation
As bitcoin transaction costs have risen, activity on the Liquid sidechain remains low while Alby, a popular bitcoin web payments plugin, is advertising a bounty to include Liquid support
A high level critique of the Blockstream Liquid Sidechain, that is basically correct
"Under the high-fee market, there has been a renewed interest in second layers, resulting in an increased usage and adoption of Liquid 🌊.
Managing Liquidity on the Lightning Network - Builder's Guide
Ronin Dojo, the backend for Samurai Wallet, removes BISQ and bitcoin knots support
US mainstream news declares inflation dead, just in time for Christmas but it conflates inflation with prices
The U.S. Federal Reserve, a central bank, has changed their messaging from "higher interest rates for longer" at the begining of December to "thinking about cutting", but no one actually knows what data point has changed this perspective
Remember to get in touch [email protected] or @bitcoindadpod on twitter
Consider joining the matrix channel using a matrix client like element, details here
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.
Send a re-ocurring or one-off lightning boost to the show with no message at [email protected] or directly to Chris at [email protected]
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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
Cosponsors - S.2669 - 118th Congress (2023-2024): Digital Asset Anti-Money Laundering Act of 2023 | Congress.gov | Library of Congress
Arthur Hayes thinks that China and the US 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
Bitcoin to be recorded at fair value under new FASB rules issued toda
Why is the EU supporing a French bank backed Euro stablecoin? It's dollarization fears
US Mass surveillance is increasing House Intel Committee Approves FISA Reform and Reauthorization Act of 2023 | Permanent Select Committee On Intelligence
Ledger Wallet is a surveillance application and they have had their fragile cloud infrastructure compromised do not use ledger or their dApp ecosystem
"FINAL TIMELINE AND UPDATE TO CUSTOMERS"
Ledger Connect Kit Exploited
Bitcoin Optech mentions another stratum V2 mining pool launch
More developments on ecash wallet recovery, interesting technology but difficult legally
Remember to get in touch [email protected] or @bitcoindadpod on twitter
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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.
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.
Send a re-ocurring or one-off lightning boost to the show with no message at [email protected] or directly to Chris at [email protected]
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Chainalysis' global crypto adoption survey demonstrates that grass roots adoption surges in hostile monetary environments
Financial Distress Leads To Surge In Early 401(k) Withdrawals, Bank Report Shows
Seattle is a victim of its own success | The Seattle Times
Study shows $100K is actually worth about $49K in Seattle
Freight recession will continue in 2024: CNBC Supply Chain Survey
The incentives of financial regulation have led to it being a broken system for over 70 years
Bitkey consists of a mobile app, hardware device and a set of recovery tools.
Remember to get in touch [email protected] or @bitcoindadpod on twitter
Consider joining the matrix channel using a matrix client like element, details here
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.
Send a re-ocurring or one-off lightning boost to the show with no message at [email protected] or directly to Chris at [email protected]
Music by Lesfm from Pixabay
The podcast currently has 124 episodes available.