Bitcoin Dad Pod

Episode 106: The Trust is Bust


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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/

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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

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