The 4B's

Show Notes:

- a mainstream article that understands inflation since 1971, the effects and the solution that is bitcoin (and a bit of gold), its happening .gif https://www.theguardian.com/business/2021/aug/15/rise-of-cryptocurrencies-can-be-traced-to-nixon-abandoning-gold-in-1971 

- Out of the banking system David Morgan renowned silver bug doesn’t trust the banking system 😱 https://youtu.be/nU-Tz4vh8uE

- Croesus https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin

- EU wanting to ban anonymous bitcoin wallets  https://www.euronews.com/next/2021/07/21/eu-will-make-bitcoin-traceable-and-ban-anonymous-crypto-wallets-in-anti-money-laundering-d

- don’t trade, guy loses 2.1 bitcoin trading after years of dca https://www.reddit.com/r/Bitcoin/comments/pbxvpf/good_bye_bitcoin_dreamlife_savings_gone_for_good/

- Rekt of the week: Swedish drug dealers have the police hodl for them and get $1.5m https://www.vice.com/en/article/4avmyd/drug-dealers-become-millionaires-in-prison-after-government-hodls-seized-bitcoin-for-them?

- Hack of the week: 3 world leaders that rejected vaccines die, replaced by leaders who really like vaccines https://dailyexpose.co.uk/2021/08/24/presidents-assassinated-media-silent-covid-19-jabs-rolled-out-days-later/

- FUD of the week: IMF bitcoin is too volatile, pick fiat https://twitter.com/imfnews/status/1431799965521625090?s=21

- Bitcoin Lesson: how to set up a miner: https://medium.com/@plebtistic/plebtistic-guide-to-home-mining-s9-a9a8102050b8

- Shitcoin corner: 12 year old makes $400k selling jpegs, I mean NFTs https://www.cnbc.com/2021/08/25/12-year-old-coder-made-6-figures-selling-weird-whales-nfts.html 

- aaaaaand finally: guy proposes with a nft, she says no https://www.rareddit.com/r/relationships/comments/pebtdk

- Michael Burry vs Cathie Wood https://youtu.be/AtAvJpSbzz8 

- The missing crypto queen https://youtu.be/7vhNJKjjpsI

- biotech company converting balance sheet https://bitcoinmagazine.com/business/biotech-company-to-convert-balance-sheet-to-hodl-bitcoin 

- Coinbase put ‘crypto’ on the their balance sheet $500m plus 10% of all profits: https://twitter.com/brian_armstrong/status/1428489591665856512?s=20 and https://bitcoinmagazine.com/business/coinbase-builds-4-billion-cash-pile-neglects-bitcoin 

- Coinbase launches £150k crypto account protection for UK customers https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/958382 too late for this poor family who lost $168k to a phishing attack https://www.cnbc.com/2021/08/24/coinbase-slammed-for-terrible-customer-service-after-hackers-drain-user-accounts.html  

- Rekt of the week: 20 BTC worth of keys deleted, thank you for you for the infinite hodl https://dailyhodl.com/2021/08/19/man-says-he-accidentally-deleted-keys-to-20-bitcoin-worth-nearly-900000/ 

- Hack of the week: Liquid exchange hack worth $97m  https://www.cnbc.com/2021/08/19/liquid-cryptocurrency-exchange-hack.html 

-Update: https://www.coindesk.com/liquid-exchange-hacker-covers-tracks-by-sending-20m-to-eth-mixer  

- FUD of the week: bitcoins monetary policy doesn’t work as money https://twitter.com/realnatashache/status/1428431581077667842?s=21 

- Bitcoin Lesson: debt is dumb, 360k student loan paid off but back to zero sats  https://www.reddit.com/r/Bitcoin/comments/p8q3br/sold_all_my_crypto_and_paid_off_a_360k_student/

- Shitcoin corner: Messi being paid in crypto, $PSG coin doubles https://www.cnbc.com/2021/08/12/lionel-messi-is-being-partly-paid-in-crypto-at-psg.html 

- aaaaaand finally: Only Fans gonna ban porn https://www.bloomberg.com/news/articles/2021-08-19/onlyfans-to-block-sexually-explicit-videos-starting-in-october?srnd=markets-vp 

show notes boyyyys here, we, go:

Show notes for today are:

- D: Fiat money 💰 the 50 year experiments anniversary 

- D: Jeff Booth - The Price of Tomorrow

- G: The ‘Infrastructure bill’ https://techcrunch.com/2021/08/06/crypto-biden-amendment-infrastructure-bill-proof-of-work it didn’t get amended, much of bitcoin is illegal in the US now without a lot of extra regulations: https://blockworks.co/senate-fails-to-amend-crypto-tax-provision-in-infrastructure-bill/ 

- G: Billionaire status for Rhianna but she didn’t make most of it from Music (same as Dr Dre, Kardashians etc) : https://www.forbes.com/sites/maddieberg/2021/08/04/fentys-fortune-rihanna-is-now-officially-a-billionaire/

- G: The Petro Dollar: how America stole the worlds gold: https://twitter.com/Lynxabi/status/1423609904439377925 

- G: hack of the week: BSV is 51% attacked for hours https://twitter.com/cobrabitcoin/status/1422669939652153350?s=21

- Bitcoin Lesson: Jordan Peterson learns bitcoin https://youtu.be/iVym9wtopqs 

- shitcoincorner: NFT ‘worth’ $200k sells for $0.01 by accident http://bitcoinist.com/cryptopunks-nft-accidentally-sells-for-one-penny-worth-of-ethereum/ 

- D: Why are we not considering how we embrace the pandemic and all the good things it has brought about instead of the bad? i.e. The power of Zoom calls saving time, WFA policy and the speed of technology etc

- aaaaaand finally: Monero Founder ‘Fluffy Pony’ arrested in the US: https://www.coindesk.com/former-monero-maintainer-fluffypony-to-be-extradited-for-non-crypto-crimes

Show Notes:

- R: Topic: fiat habits e.g. phone contract, beer, takeaways, car leasing, etc - how your money gets taken away from you and you don't notice

- G: Fiat Food https://saifedean.com/fiatfood/ 

- G: Buffett admitting America’s debt doesn’t matter because of their money printer https://twitter.com/lynxabi/status/1421492389823369217?s=21  

- G: China keep banning things, now IPOs https://www.globaltimes.cn/page/202107/1229517.shtml

- D: Klaus Schwab the next world leader (please God noooooo)  https://youtu.be/C2hUwNdHi2s 

- G: The clot thickens https://twitter.com/Lynxabi/status/1420534729418448897?s=20 £3 billion, 5x the average spend on anti-clot medication just been ordered, wonder why..? 

- G Hack of the week: what’s happened over at hodlhodl? https://twitter.com/hodlhodl/status/1421975055538528258?s=20 forcing liquidations with no explanation

- D: FUD of the week - https://nassimtaleb.org/2021/06/bitcoin-currencies-bubbles/ bitcoin black paper https://youtu.be/3Uh0RcuaSJI 

- G: Bitcoin Lesson:  Austrian economics? Saylor and Saifedean got you https://learn.saylor.org/course/view.php?id=480  

- G: shitcoincorner: save the kids https://youtu.be/3Xw9rWmTQfc   

- G: aaaaaand finally tits for 0.02 bitcoin http://trilema.com/2014/ill-pay-for-your-tits/  

Show Notes:

so much happened this week and all leads to the same thing, corrupt governments, conspiracy theory or just the truth?

- It’s not inflation its supply shortages causing price increases: https://twitter.com/RepAOC/status/1417515082863554561?s=20 

- But lets look at a more competent view on this (shame he’s a shitcoiner) https://twitter.com/RaoulGMI/status/1418751108554575878?s=20 the data suggests price of goods and houses goes up EXACTLY along with monetary expansion for decades proving the short term supply issues caused by lockdown is a red herring.

- JP Morgan first bank to open up retail investing in bitcoin https://blockworks.co/jpmorgan-reportedly-to-allow-clients-to-access-crypto-funds/ Jamie Dimon proving bitcoin is only a scam until he realises he can make some money out of it

- How to become a wealthy employee: work 10 jobs at 100k a year and only work an hour a day on each of them - possible as a dev, can it be done in other careers?

- How to Become a Tyrant: interesting series on Netflix, it’s missing some episodes though, where is the British Empire and America?  Oh and more recently, the WHO and WEF. Oh and N Korea tactics was isolation, sensor the media and news so they only show your propaganda, ensure a succession plan, silence anyone that speaks out - sound familiar?

- The war against the unvaccinated: https://twitter.com/GalG____/status/1418623576756850698?s=20 and https://twitter.com/idonotconsent6/status/1418809392158359553?s=21 They’re doing this for our health and they’ll beat you up if you don’t agree

- Is Elon back (I’m writing this on Saturday but we all know a lot can change between now and go live) - no he posted a doge meme last night https://twitter.com/elonmusk/status/1419151233739378689?s=20 

- Britcoin is the future? https://www.dailymail.co.uk/news/article-9821855/Rishi-Sunak-plans-replace-cash-official-digital-currency.html?ito=social-twitter_dailymailUK  

- Amazon to accept bitcoin in 2021 and AmazonCoin 2022?? Fake news or big news?  https://www.cityam.com/amazon-definitely-lining-up-bitcoin-payments-and-token-confirms-insider/

- https://www.rt.com/news/530164-clashes-paris-protests-vaccination-certificates/ 

- https://www.usdebtclock.org/

Show Notes:

The B Word conference, Cathie Wood and Jack Dorsey go head to head with Elon Musk to talk bitcoin, is this gonna go well or is Elon gonna double down or try snd be funny for the memes? https://www.thebword.org/c/speakers its gonna be live streamed today

- Saylor and the mining council - the ESG debate, should we fight it or play their game and make bitcoin more green? 160,000 TerraWatts is global usage a year, bitcoin uses 100 TW or 0.1%

- Inflation has gone mad https://youtu.be/B11EugYWnvo

- Why does bitcoin become an obsession that you have to learn EVERYTHING

- Time preference around bitcoin, people love telling us when price is down and ask when to buy when it’s up 

- Can you become wealthy being an employee? 

- The EU wants to ban anonymous crypto wallets because of ‘money laundering’ https://twitter.com/mcguinnesseu/status/1417494008037879819?s=21

- Bitcoin Lesson: Blue wallet sdk launch, now it’s even easier to support lightning in other apps / websites  https://twitter.com/bluewalletio/status/1414908931902779394?s=21 Elon comments, “does this need a license in the US”, gets memed.

- shitcoin corner, own a piece of Mars (small print: not actually Mars) : https://marsgenesis.com/

Show notes this week are:

- First Lightning transactions for Ross n Darnell 

- Revisiting Quadriga Exit Scam: now you’ve listened to it

- A new independent paper; The Light, accepts bitcoin https://thelightpaper.co.uk/ 

- Inflation is still below 2% apparently, despite this https://twitter.com/johnkvallis/status/1284150016333033472?s=21

- Square confirm they are building a hardware wallet https://twitter.com/JesseDorogusker/status/1413222597207134214?s=20 

- Tinder honey trap, bitcoiner got roofied and forced to login to coinbase, luckily they used Case multi-sig so was safe https://blog.keys.casa/casa-client-case-study-the-tinder-trap/

- Bitcoin will cause hyperinflation so must be stopped https://moneyweek.com/investments/alternative-finance/bitcoin-crypto/603510/how-a-bubble-in-bitcoin-could-lead-to

- Bitcoin Lesson: PoW and PoS (EU trying to ban PoW in favour of PoS for ‘green’ reasoning, totally not because it means its centralised and easier to shut down https://twitter.com/GKBoris/status/1413259622237020162?s=20  )

- shitcoin corner: Dink Doink, Logan Pauls new shitcoins scam that he and his mates own 80% of https://www.youtube.com/watch?v=5mrT3UT9xIM

Show notes this week are:

- Binance getting banned for not following all regs. Genuine protection of customer funds or the west wanting a monopoly on crypto trading? https://twitter.com/dergigi/status/1412349188248150016?s=21 

- Although China have banned bitcoin mining so don’t seem to care. Crazy pictures of the relocation of billions worth of miners https://twitter.com/bitentrepreneur/status/1412267191626604544?s=21

- https://www.exitscam.show/ a podcast about the quadriga exchange exit scam. It’s amazingly well done podcast but still no answers. Did the founder fake his death, or die of a complication on his honeymoon?

- Stop calling it fiat money, cos muh feelings https://www.ft.com/content/5e5b2afb-c689-4faf-9b47-92c74fc07e66

- Boomers and JPMorgan calling for $23k bitcoin, as if that is scary or something.  Why you opening up a bitcoin division then?

- Difficulty adjustment happened. -27% and the largest we’ve ever had. Blocks back to 10mins, some were taking as long as 2 hours before.

- shitcoincorner: Worldcoin 

- And finally…Simps, yay or nay, bitcoin twitter has been raging this week

Show notes this week are:

We jumped around a lot today and covered stuff in a random order but it got done and we even have a few links for you:

- Tom Blomfield CEO of Monzo: difficulty of speaking openly 

- El Salvador: $30 of free bitcoin for every citizen, app works without a cell plan too

- Craig Wright is suing bitcoin devs for hosting the bitcoin white paper as he is claiming copyright on it (he won the case as Cobra didn’t want to dox himself so didn’t defend the case so CSW won on default) https://twitter.com/Outputintern/status/1409473846101610500  

- OG bitcoiner dead at 41 https://bitcoinmagazine.com/culture/mircea-popescu-bitcoin-philosopher-dead 

- Ark file for a bitcoin ETF https://blockworks.co/ark-files-for-bitcoin-etf/ 

- rekt weekly: China ban bitcoin, 100,000s of miners packed up and moving elsewhere, difficulty adjustment 25-30%, mining just became very profitable

- hack weekly: Lebanon has lost 90% of the value of its money, local disorder is common https://twitter.com/steve_hanke/status/1409952436022878211?s=21

- bitcoin lesson: John McAfee found dead in prison on the day he is to be extradited to the US, was he Epesteined?  Main charges were tax evasion.

- and finally: mates getting salty that KP is getting into bitcoin..