Bitcoin Dad Pod

Bitcoin Dad Pod

By The Bitcoin DadTechnology
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Bitcoin Dad Pod episodes

  • Episode 113: Wet Hot Financial Surveillance
    Pre-Show
    • Bad entropy will get your bitcoins stolen
    • News
      • This cycle's bitcoin environmental FUD is probably going to be water usage

        • Shiny new FUD ammo takes media by storm!
        • Rebuttal of BBCNews article, and the Underlying Study, on Bitcoin Water Usage – Batcoinz
        • Unchained surveyed US investors and sentiment is very bullish on bitcoin

        • Economics
          • What is 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 in order to strengthen its ability to sanction
              • Bitcoin Education
                • Bitcoin Optech covers liquidity advertisements, 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 [email protected] or @bitcoindadpod on twitter

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                              • Sponsors and Acknowledgements

                                Music by Lesfm from Pixabay

                                Self Hosted Show courtesy of Jupiter Broadcasting

                                46 min
                              • Episode 112: Interview: Peter Todd Critiquing Drivechain
                                Interview: Peter Todd Critiquing Drivechains
                                • Peter's technical critique document
                                • Peter's blog
                                • OpenTimestamps website
                                • Previous Interviews with Paul Storcz (on Drivechains)
                                  • TickTok Activated Softforks with Paul Sztorc
                                  • Interview: Scaling, Development, and Drivechains with Paul Sztorc
                                  • Feedback
                                    • Remember to get in touch [email protected] or @bitcoindadpod on twitter
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                                            • Sponsors and Acknowledgements

                                              Music by Lesfm from Pixabay

                                              Self Hosted Show courtesy of Jupiter Broadcasting

                                              26 min
                                            • Episode 111: Strangling the Golden Duck
                                              Pre-Show
                                              • Mempool Observer seems to have caught bitcoin mining pool F2pool not mining OFAC sanctioned bitcoin addresses

                                              • The SEC thinks polygon and solana are securities but this is likely insurance against losing an identical lawsuit against Coinbase

                                              • News
                                                • Binance's CEO CZ will plead guilty to U.S. money laundering charges, and the exchange will pay a $4.3bn fine to settle some US allegations of ciminality though SEC and CTFC lawsuits are still pending
                                                • Bitrex, another non-US crypto exchange, is shutting down Dec 4th

                                                • Bhutan's bitcoin mining operation has been identified by Forbes

                                                • Wallet of Satoshi, a popular custodial bitcoin lightning wallet, is removing its app from US app stores, 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

                                                  • EVAN KALOUDIS on X
                                                  • "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

                                                    • 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 in Argential
                                                      • Is bitcoin entering it's epoch of diminishing returns? I guess we'll find out soon

                                                      • Privacy
                                                      • Cloudflare seems to be filtering for OFAC listed etherium addresses via its Etherium gateway service

                                                      • Coincenter, a crypto lobbying group, asks is the U.S. Bank Secrecy Act constitutional?

                                                        • obviously not
                                                        • but that doesn't matter
                                                        • Altcoins
                                                          Bitcoin Education
                                                          • Bitcoin Optech covers lightning offer addresses
                                                          • Feedback
                                                            • Remember to get in touch [email protected] or @bitcoindadpod on twitter

                                                            • Consider joining the matrix channel using a matrix client like element, details here

                                                            • Thank you Boosters
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                                                              • Send a Boost via the Podcast Index web page. No Podcast app upgrade required.

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                                                                • Value for Value
                                                                  • Podcasting 2.0 to support an indepenent podcasting ecosystem
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                                                                    • Sponsors and Acknowledgements

                                                                      Music by Lesfm from Pixabay

                                                                      Self Hosted Show courtesy of Jupiter Broadcasting

                                                                      58 min
                                                                    • Episode 110: Interview: Waxwing
                                                                      • Waxwing's blog
                                                                      • JoinMarket, WaxWing's coinjoin software, link to the github repo
                                                                        • Previous interview on coinjoin
                                                                        • His PathCoin presentation from Adopting Bitcoin 2023
                                                                        • Feedback
                                                                          • Remember to get in touch [email protected] or @bitcoindadpod on twitter
                                                                          • Outro
                                                                            • Podcasting 2.0 to support an indepenent podcasting ecosystem
                                                                            • The Fountain podcast app
                                                                            • ## Sponsors and Acknowledgements
                                                                              Music by Lesfm from Pixabay
                                                                              Self Hosted Show courtesy of Jupiter Broadcasting
                                                                              1 hr 1 min
                                                                            • Episode 109: Maliable Guildlines
                                                                              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

                                                                              • "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
                                                                                • JUST IN: @EricBalchunas of Bloomberg reports that the 🇺🇸 SEC is advising spot #Bitcoin ETF issuers that they prefer cash creations over in-kind creations for these ETFs.

                                                                                  Cash "creates" mean the issuer would transact in cash instead of using #Bitcoin directly. The SEC prefers cash creates because broker-dealers can't directly handle Bitcoin.

                                                                                  This move is seen as a positive step indicating progress in the approval process, despite the potential need for adjustments by the ETF filers.

                                                                                  • Bitcoin Archive on X
                                                                                  • "CNBC host questions why the SEC hasn't approved a spot #Bitcoin ETF because Chairman Gary Gensler certainly understands Bitcoin. “He taught Bitcoin at MIT, he understands it…there has to be something else." I wonder… 🧐

                                                                                    News
                                                                                    Economics
                                                                                    • Consumer inflation in the US is moderating as consumers get poorer,
                                                                                    • but the monetary base continues to rise due to government spending
                                                                                      1. Car Insurance Inflation: 19.2%
                                                                                      2. Car Repair Inflation: 9.6%
                                                                                      3. Transportation Inflation: 9.2%
                                                                                      4. Rent Inflation: 7.2%
                                                                                      5. Homeowner Inflation: 6.8%
                                                                                      6. Food Away From Home Inflation: 5.4%
                                                                                      7. Cereals & Bakery Products Inflation: 4.2%
                                                                                        • While CPI inflation is at 3.2%, inflation is much higher in many basic necessities

                                                                                        • Crypto Tea on X: The problem with bitcoin.

                                                                                        • I bull post often but I want you to be aware of the problems with decentralization people have found a way around bitcoins rules to post pictures and memecoins on the blockchain there are currently 300,000 pending transactions, fees are spiking to $12

                                                                                          • Bitcoin Average Transaction Fee
                                                                                          • Bitcoin Average Transaction Fee is at a current level of 18.69, up from 8.776 yesterday and up from 2.207 one year ago. This is a change of 113.0% from yesterday and 746.9% from one year ago.

                                                                                            Privacy
                                                                                            • Swan Bitcoin to Limit Customers Interacting with Privacy Services Due to Partner Policy
                                                                                            • "Please be advised that depositing directly from, or withdrawing directly to, a mixing wallet may result in the termination of your account with our banking and custodial partners," the company added.

                                                                                              • FinCEN Seeks to Impose Strict Surveillance Requirements onto Broadly Defined Class of 'Bitcoin Mixers'
                                                                                              • FinCEN emphasizes that Convertible Virtual Currency [CVC] mixing does not fully rely on the use of CVC mixers and include the following methods:

                                                                                                1. Pooling or aggregating CVC from multiple persons, wallets, addresses, or accounts.
                                                                                                2. Splitting CVC for transmittal and transmitting the CVC through a series of independent transactions.
                                                                                                3. Using programmatic or algorithmic code to coordinate, manage, or manipulate the structure of a transaction.
                                                                                                4. Creating and using single-use wallets, addresses, or accounts and sending CVC through these wallets, addresses, or accounts in a series of transactions.
                                                                                                5. Exchanging between types of CVC, or other digital assets.
                                                                                                6. Facilitating user-initiated delays in transactional activity.
                                                                                                  • Open source journalist Jameson Lopp (among other things) has been tracking physical attacks on bitcoiners, in case you need more incentive to work on your privacy online

                                                                                                  • 810 million Indian citizens have been completely doxed in a database hack

                                                                                                  • HRF, a human rights foundation focusing on economic freedom, has launched a global CBDC tracker

                                                                                                    • Evaluates projects by launched, pilot, or research
                                                                                                    • Quantifies rule of law and other variables (not sure how) of respective countries
                                                                                                    • Altcoins
                                                                                                      • And the prize for most hypocritical altcoiner goes to Nouriel Roubini, a rabid bitcoin critic and well known mainstream economist, with his announcement of an AI and 'green tech' powered crypto token, it's a terrible idea but the takeaway is that EVERYONE is getting into 'stable' coins
                                                                                                      • Bitcoin Education
                                                                                                        • A new opensource website for developers to document knowledge of bitcoin opcodes is a resource to better understand bitcoin script and proposed opcode changes

                                                                                                        • Bitcoin optech #277 covers transaction malleability

                                                                                                        • Feedback
                                                                                                          • Remember to get in touch [email protected] or @bitcoindadpod on twitter

                                                                                                          • Consider joining the matrix channel using a matrix client like element, details here

                                                                                                          • Boost links
                                                                                                            • Energy Transition Crisis a documentary about the necessity of nuclear for carbon free energy
                                                                                                            • Thank you Boosters
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                                                                                                                • Value for Value
                                                                                                                  • Podcasting 2.0 to support an indepenent podcasting ecosystem
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                                                                                                                    • Castamatic (Apple)
                                                                                                                    • Sponsors and Acknowledgements

                                                                                                                      Music by Lesfm from Pixabay

                                                                                                                      Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                      56 min
                                                                                                                    • Episode 108: The End Game is Here
                                                                                                                      Pre-Show
                                                                                                                      • The PlanB indicator is flashing bull market /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

                                                                                                                          • Remember that the downgrade was partially attributed to bitcoin 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 but has increased sharply

                                                                                                                            • 2023 numbers are also higher driven by hosting international events such as Adopting Bitcoin and the
                                                                                                                            • 📈 El Salvador exceeded projections, welcoming 1.6 million visitors by June, emphasizing the impact of hosting international events on this achievement.
                                                                                                                            • 💵 The country received approximately $1.6 billion in foreign currency by June, approaching the $2.9 billion target for 2023, contributing significantly to economic growth.
                                                                                                                            • Economics
                                                                                                                              • Germany, the beating heart of global manufacturing is already in recession and the rest of the world will follow
                                                                                                                              • A US Treasury auction has just failed, welcome to the End Game
                                                                                                                              • The Periphery
                                                                                                                                • Bull vs Bear steepeners
                                                                                                                                • > When the recession or financial calamity occurs, short-end rates will fall quickly as the Fed aggressively cuts its policy rate in response. That is the “oh shit” moment. The yield curve un-inverts and then steepens (long-end rates higher than short-end rates), but it will do so while yields are generally falling. This is called a “bull steepener” and is the classic way the yield curve has moved in modern financial history.
                                                                                                                                  >
                                                                                                                                  > Right now, there is no US recession and no financial calamity. To the intellectually dishonest TradFi cheerleaders like Paul Krugman, the regional banking crisis doesn’t count; they will need to see a firm like Bank of America go bust to acknowledge the deep rot in the US banking system. Therefore, the market, aka bond vigilantes, expect the Fed to continue raising rates to fight inflation. But the Fed said rate hikes are paused, therefore the bull steepening scenario won’t occur. Then why should the vigilantes continue holding long-end bonds? They won’t, and they will express their view by selling long-end bonds at the margin.
                                                                                                                                • Solution is for US Gov to cut spending and increase income, will exacerbate recession
                                                                                                                                  • This is completely impossible the US Secret service spends ~$3bn/year just protecting the president
                                                                                                                                  • Interest rate hedging means that higher short term rates bankrupt banks
                                                                                                                                    • Bear steepener bankrupts banks
                                                                                                                                    • Pre-payment of mortages bankrupts banks
                                                                                                                                    • All of these things mean selling treasuries
                                                                                                                                    • > Underneath the veneer of record-breaking profits is a ticking time bomb hidden in the recesses of Too Big To Fail global banks. I’m talking about the likes of JP Morgan, Goldman Sachs, BNP Paribas, Nomura, etc. They sold trillions of notional worth of these products to desperate pension and insurance companies, and now will find themselves gushing losses larger than Three Arrows Capital. To hedge and stop the bleeding, these banks all must trade the same way. The more they hedge, the more they lose. All of this is due to the bear steepener, which is a direct result of Fed and global central banking policy. Talk about a TradFi human centipede.
                                                                                                                                    • The FED Raising rates is not about fighting inflation, its about preventing a Bear Steepener in the bond market that kills the TBTF banks, but at the cost of killing the regional banks
                                                                                                                                    • Already $780bn in loses ONLY on US Tbills, btw equity in the US banking system is only $2.2 Trillion
                                                                                                                                      Privacy
                                                                                                                                      • Exchanges in the UK want to KYC every crypto transaction for Travel Rule compliance

                                                                                                                                        • Make using custodial crypto exchanges more onerous and dangerous
                                                                                                                                        • Will likely reduce crypto adoption but incentivize decentralized exchange
                                                                                                                                        • "From 1st December 2023, Gemini may freeze and/or restrict users who are attempting to make inbound transfers to Gemini from a non-TRUST VASP. This is due to these transactions potentially missing the required information to ensure transparency of the transaction."

                                                                                                                                          Altcoins
                                                                                                                                          • David Gerad and Amy Castor cover the latest [crypto scams](https://davidgerard.co.uk/blockchain/2023/11/02/crypto-collapse-bankman-fried-trial-draws-to-a-close-safemoon-arrested-fourth-us-bank-failure-was-crypto/
                                                                                                                                            • FTX creditors are suing SBF's parents alledging plundering of assets
                                                                                                                                            • A small Kansas bank failed after the CEO fell for a 'fattening the pig' scam
                                                                                                                                            • Visa Corporation’s ad spend on Twitter dropped from $77,500 in Q3 2022 to just $10.00 — that’s ten dollars — in Q3 2023.
                                                                                                                                            • Bitcoin Education
                                                                                                                                              • Bitcoin Optech documents the imminent death of the bitcoin dev mailing list and lightig enhancements with covenants
                                                                                                                                              • Feedback
                                                                                                                                                • Remember to get in touch [email protected] or @bitcoindadpod on twitter

                                                                                                                                                • Consider joining the matrix channel using a matrix client like element, details here

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                                                                                                                                                    • Value for Value
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                                                                                                                                                        • Sponsors and Acknowledgements

                                                                                                                                                          Music by Lesfm from Pixabay

                                                                                                                                                          Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                                                          1 hr 13 min
                                                                                                                                                        • Episode 107: Real Time Kollisions
                                                                                                                                                          Pre-Show
                                                                                                                                                          • Federal Reserve Threatens to Sue Bitcoin Magazine Over FEDNOW Parody Merch
                                                                                                                                                            • The rollout of FedNow, a realtime payments system, has been predictably slow with a focus on bank-to-bank xfers
                                                                                                                                                            • It compares favorably with the adoption of RTP, a private realtimes payment network
                                                                                                                                                            • RTP is faster and cheaper than ACH or wire xfers but expensive compared to the bitcoin lightning network
                                                                                                                                                            • MasterCard has a brief history of real time payments
                                                                                                                                                              • But fraud is still an unsovled problem even on these more modern payment rails
                                                                                                                                                              • News
                                                                                                                                                                • The Kollider lightning derivatives exchange is shutting down after failing to find enough traders willing to use lightning

                                                                                                                                                                • Cyrpto VC and Bitcoin writer Nic Carter has been distributing bounties 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, the founder of the bankrupt Terra-Luna algorithmic stablecoin system

                                                                                                                                                                • Economics
                                                                                                                                                                  • Another U.S. regional bank has failed, but its small and probably doesn't matter?
                                                                                                                                                                  • Privacy
                                                                                                                                                                    • Kraken is complying with the US IRS' John Doe summons turning over large amounts of data on customers with more than $20k in trades
                                                                                                                                                                    • Altcoins
                                                                                                                                                                      • SafeMoon not safe from the US Dept of Justice, who have arrested several founders on fraud charges
                                                                                                                                                                      • Bitcoin Education
                                                                                                                                                                        • Bitcoin optech covers discussions around bitcoin scripting, 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 [email protected] or @bitcoindadpod on twitter

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                                                                                                                                                                          • Thank you Boosters
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                                                                                                                                                                            • Send a Boost via the Podcast Index web page. No Podcast app upgrade required.

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                                                                                                                                                                                  • Castamatic (Apple)
                                                                                                                                                                                  • Sponsors and Acknowledgements

                                                                                                                                                                                    Music by Lesfm from Pixabay

                                                                                                                                                                                    Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                                                                                    50 min
                                                                                                                                                                                  • Episode 106: The Trust is Bust
                                                                                                                                                                                    Pre-Show
                                                                                                                                                                                    • Main stream financial blogger Rich Dad Poor Dad views bitcoin as a hedge against Central Bank Risk
                                                                                                                                                                                      • Actually Kiyosaki is quite shady despite his financial success, typical bitcoin tout amiright?
                                                                                                                                                                                      • Economics
                                                                                                                                                                                        • The US Social Security Trust Fund is still drawing down which may affect US Treasury Market liquidity as the world enters a decade of Fiscal Dominance
                                                                                                                                                                                        • The latest FED working paper on fiscal dominance identifies the banking sector as the future warehouse of large US debt issuances
                                                                                                                                                                                        • Privacy
                                                                                                                                                                                          • FinCen is coming for coinjoin on bitcoin 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 and misrepresentation of the role of digital currency in funding Hamas
                                                                                                                                                                                            • Good analysis of the story from shinobi
                                                                                                                                                                                            • Coin Center, a crypto advocacy group, filed a motion to halt (PDF WARNING) the US tax authority's John Doe Summons 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.
                                                                                                                                                                                              • Bitcoin Education
                                                                                                                                                                                                • Optech #274 focuses on the lightning HTLC recycling attack 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, there's no 'fix', only mitigation
                                                                                                                                                                                                  • Feedback
                                                                                                                                                                                                    • Remember to get in touch [email protected] or @bitcoindadpod on twitter

                                                                                                                                                                                                    • Consider joining the matrix channel using a matrix client like element, details here

                                                                                                                                                                                                    • 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
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                                                                                                                                                                                                          • Install Alby
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                                                                                                                                                                                                          • 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]

                                                                                                                                                                                                          • Value for Value
                                                                                                                                                                                                            • Podcasting 2.0 to support an indepenent podcasting ecosystem
                                                                                                                                                                                                            • Recomended Podcasting2.0 apps:
                                                                                                                                                                                                              • Fountain podcast app (Android)
                                                                                                                                                                                                              • Podverse (Cross platform and self hostable) + Alby for boosts
                                                                                                                                                                                                              • Castamatic (Apple)
                                                                                                                                                                                                              • Sponsors and Acknowledgements

                                                                                                                                                                                                                Music by Lesfm from Pixabay

                                                                                                                                                                                                                Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                                                                                                                40 min
                                                                                                                                                                                                              • Episode 105: Europe's on the Move
                                                                                                                                                                                                                Pre-Show
                                                                                                                                                                                                                • Eurosystem proceeds to next phase of digital euro project

                                                                                                                                                                                                                  • ECB's Digital Euro CBDC Project Moves to 'Preparation' Phase
                                                                                                                                                                                                                  • The actual report details how the digital euro is basically a credit card processing system with the ECB as the clearinghouse

                                                                                                                                                                                                                  • News
                                                                                                                                                                                                                    • Wordpress site hackers are using Binance Smart Chain 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, who plead guilty to 'hacking' the Silk Road, serves his prison sentence without issue and lands on his feet

                                                                                                                                                                                                                        • There is also a documentary 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"

                                                                                                                                                                                                                        • US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source | Reuters

                                                                                                                                                                                                                        • US SEC does not plan to appeal court decision on Grayscale bitcoin ETF

                                                                                                                                                                                                                          • A coindesk editorial on Ripple is very pro CBDC 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
                                                                                                                                                                                                                            • Privacy
                                                                                                                                                                                                                              • The EU keeps trying to eliminate digital privacy and in a weird twist, this effort is being pushed by Aston Kutcher of 'That 70s Show'
                                                                                                                                                                                                                              • Altcoins
                                                                                                                                                                                                                                • Coinbase sort of out of india
                                                                                                                                                                                                                                • Bitcoin Education
                                                                                                                                                                                                                                  • Bitcoin Optech #273 covers BitVM, a lightning vulnerability and much more

                                                                                                                                                                                                                                  • Fidelity Investment's latest bitcoin report 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 [email protected] or @bitcoindadpod on twitter

                                                                                                                                                                                                                                      • Consider joining the matrix channel using a matrix client like element, details here

                                                                                                                                                                                                                                      • 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
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                                                                                                                                                                                                                                            • Value for Value
                                                                                                                                                                                                                                              • Podcasting 2.0 to support an indepenent podcasting ecosystem
                                                                                                                                                                                                                                              • Recomended Podcasting2.0 apps:
                                                                                                                                                                                                                                                • Fountain podcast app (Android)
                                                                                                                                                                                                                                                • Podverse (Cross platform and self hostable) + Alby for boosts
                                                                                                                                                                                                                                                • Castamatic (Apple)
                                                                                                                                                                                                                                                • Sponsors and Acknowledgements

                                                                                                                                                                                                                                                  Music by Lesfm from Pixabay

                                                                                                                                                                                                                                                  Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                                                                                                                                                  1 hr 8 min
                                                                                                                                                                                                                                                • Episode 104: Trial Gate
                                                                                                                                                                                                                                                  Pre-Show
                                                                                                                                                                                                                                                  A busy week for Bitcoin Hardware
                                                                                                                                                                                                                                                  • Trezor's bitcoin only firmware anniversery hardware signing device is very orange

                                                                                                                                                                                                                                                  • 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
                                                                                                                                                                                                                                                    • "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 to try to unfreeze stuck funds in China

                                                                                                                                                                                                                                                      • Alameda’s paper trail leads straight to Sam Bankman-Fried - The Verge

                                                                                                                                                                                                                                                      • Molly White on X: "Caroline Ellison's infamous "Things Sam [Bankman-Fried] is freaking out about" list

                                                                                                                                                                                                                                                      • Molly White on X: Things Same is Excited About list

                                                                                                                                                                                                                                                      • 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

                                                                                                                                                                                                                                                        • 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

                                                                                                                                                                                                                                                        • BitVM
                                                                                                                                                                                                                                                          • What are the implications of turing complete contracts on bitcoin?

                                                                                                                                                                                                                                                            • Nothing at the moment, it demonstrates the creation of basic logic gates on bitcoin but requires massive amounts of off-chain data the cost to 'enforce' such a contract onchain would be prohibitively large
                                                                                                                                                                                                                                                            • And there can only be two participants
                                                                                                                                                                                                                                                            • BitVM: Limitations and Moving Forward
                                                                                                                                                                                                                                                            • BitVM explained in 4 slides

                                                                                                                                                                                                                                                            • Blockstream Greenlight is a LAS lightning as a service 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 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
                                                                                                                                                                                                                                                                  • The year-over-year uptick in headline CPI has been occurring for three months now.
                                                                                                                                                                                                                                                                  • Official price levels are cumulatively about 19% higher than the start of 2020.
                                                                                                                                                                                                                                                                  • tcoin Education
                                                                                                                                                                                                                                                                    Feedback
                                                                                                                                                                                                                                                                    • Remember to get in touch [email protected] or @bitcoindadpod on twitter

                                                                                                                                                                                                                                                                    • Consider joining the matrix channel using a matrix client like element, details here

                                                                                                                                                                                                                                                                    • 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
                                                                                                                                                                                                                                                                        • Find the Bitcoin Dad Pod on the Podcast Index
                                                                                                                                                                                                                                                                        • Boost right from the page!
                                                                                                                                                                                                                                                                        • 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]

                                                                                                                                                                                                                                                                        • Value for Value
                                                                                                                                                                                                                                                                          • Podcasting 2.0 to support an indepenent podcasting ecosystem
                                                                                                                                                                                                                                                                          • Recomended Podcasting2.0 apps:
                                                                                                                                                                                                                                                                            • Fountain podcast app (Android)
                                                                                                                                                                                                                                                                            • Podverse (Cross platform and self hostable) + Alby for boosts
                                                                                                                                                                                                                                                                            • Castamatic (Apple)
                                                                                                                                                                                                                                                                            • Sponsors and Acknowledgements

                                                                                                                                                                                                                                                                              Music by Lesfm from Pixabay

                                                                                                                                                                                                                                                                              Self Hosted Show courtesy of Jupiter Broadcasting

                                                                                                                                                                                                                                                                              42 min

                                                                                                                                                                                                                                                                            About Bitcoin Dad Pod

                                                                                                                                                                                                                                                                            From the publisher's feed

                                                                                                                                                                                                                                                                            The Bitcoin Dad is here to explain the context around the monetary revolution that is Bitcoin. The technological, social, and financial complexities of Bitcoin are hard to understand and your Bitcoin…