Episode 106

The Trust is Bust


October 28th, 2023

39 mins 41 secs

Your Host

About this Episode


  • 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?


  • 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


  • 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


    • 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



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?

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!

Thank you Boosters

Value for Value

Sponsors and Acknowledgements

Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting