In this episode, Dave and Grahm cover the news: shadow banking, Binance's spinoff company and explaining Bitcoin to your dad. Then they talk with the myth, the legend, the Texan, Dan Held. They discuss Held's recent essay on Bitcoin's Security, the halving and what is Bitcoin's best use case (store of value or payments). Resources News:How to Explain Bitcoin to Your Dad on Father's Day: An InfographicBinance To Launch Regulation-Complaint Spinoff SiteShadow Banking Explained: How Crypto Companies Make Money In the Dark Dan Held Interview:Bitcoin's Security Is Fine by Dan HeldFriedrich Hayek & The Nobel PrizeSam Patt's tweet on Bitcoin Not Built Primarily as a store of valueDan's Infamous tweet: #Bitcoin: Too Expensive Twitter:Bitcoin MagazineThe LTB NetworkDan HeldDaveGrahm This episode is also on:iTunesGoogle PlaySpotifyYoutube Check out more Bitcoin Magazine Podcast episodes!