Episode 106
The Trust is Bust
October 28th, 2023
39 mins 41 secs
Tags
About this Episode
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
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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?
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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Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting