June 07, 2022

Episode 22: Bitcoin Global & Australian News - NY Mining Ban & Biden Regulations, Kenya Geothermal Mining; Yellen & Lagarde's "Unexpected" Inflation; Block's Adoption Report; Australia's Energy Crisis

48 minutes

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.

Thanks to our hosts:

https://twitter.com/mission_bitcoin

https://twitter.com/jeremy_m16

https://twitter.com/hardblockbtc

https://twitter.com/ausbitcoinpod

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes

GLOBAL

St Louis Fed (a US Central Bank) starts pricing eggs in bitcoin

https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/?utm_source=twitter&utm_medium=SM&utm_content=stlouisfed&utm_campaign=c4fbf333-9509-4d17-bdb8-0b0c42b67881

New York passes proof-of-work mining ban

https://www.msn.com/en-us/money/markets/new-york-just-passed-a-bitcoin-mining-ban-e2-80-94-heres-everything-thats-in-it/ar-AAY1mZP

Biden admin considering bitcoin mining regulation

https://bitcoinmagazine.com/business/white-house-to-reduce-bitcoin-energy-use-report

Kenya’s largest producer of electricity intends to deliver excess geothermal energy to bitcoin miners

https://bitcoinmagazine.com/business/kengen-to-provide-geothermal-energy-to-bitcoin-miners-in-kenya

Yellen says she was ‘wrong’ about ‘path that inflation would take’

https://thehill.com/policy/finance/3507422-%E2%80%8B%E2%80%8Byellen-says-she-was-wrong-about-path-that-inflation-would-take/

Eurozone inflation hits 8.1%, highest level ever, well above targets; Christine Lagarde not phased (expects it to come down “in due course”)

https://abcnews.go.com/International/wireStory/eurozone-inflation-hits-record-81-amid-rising-energy-85080229

Turkey's annual inflation soars to 73.5% in May, highest since 1998

https://www.nasdaq.com/articles/turkeys-annual-inflation-soars-to-24-year-high-of-73.5

Russia’s Ministry of Finance is ‘actively considering’ the use of digital currencies for international payments, a government official reportedly said

https://bitcoinmagazine.com/markets/russia-mulls-cryptocurrency-for-international-trade-report

Russia blames US inflation on 38% currency creation in past two years, and EU inflation and energy crisis on their unreliable energy policies

https://www.bignewsnetwork.com/news/272575127/us-eu-inflation-result-of-unprecedented-money-printing-putin

$4.5 trillion Fidelity to double headcount for bitcoin and digital assets division

https://twitter.com/BitcoinMagazine/status/1531601008664666112?s=20&t=e3baFn7Uc94F3ux3K4MF6g

Goldman Sachs is reportedly looking to integrate services with Bitcoin and crypto exchange FTX

https://bitcoinmagazine.com/business/goldman-sachs-and-ftx-in-talks-for-bitcoin-crypto-derivatives

Top 30 bank in Panama, Towerbank, has declared it is bitcoin friendly

https://twitter.com/BitcoinMagazine/status/1531630791263920128?s=20&t=e3baFn7Uc94F3ux3K4MF6g

Bitcoin Knowledge and Perceptions, Block, 2022

https://block.xyz/2022/btc-report.pdf

AUSTRALIA

Australians 'panicking' as power prices skyrocket, consumer advocates say

https://www.abc.net.au/news/2022-06-02/consumer-panic-amid-unprecedented-power-price-hikes/101119776

https://www.abc.net.au/news/2022-06-03/gas-crisis-threatens-manufacturers-jobs-and-rising-prices/101114712

...more

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