Episode 29
Peak Griftonomics
July 18th, 2022
1 hr 47 mins 10 secs
Tags
About this Episode
News
French wholesale CBDC iminnent
- Bank of Int'l Settlement's Project Jura shows development of multinational CBDC settlement systems
Conversations about the language of bitcoin in the context of European regulation
Ars Technica doesn't understand why financial privacy is important
- Increased KYC/AML, 10k Euro cash limits, unhosted wallet reguations
- What bitcoin is actually doing is signing messages
Should U.S. Government Employees who work on crypto policy be allowed to own crypto?
Economics
- Exploding Ruble-Yuan direct exchange volumes are another nail in the coffin of the Petrodollar
- The Federal Reserve, the US Central Bank, is researching the effects of the bitcoin lightning network on blockspace demand and liquidity
Tokenomics
- Celcius finally files for bankruptcy, and it's a chapter 11 meaning all depositors are getting wiped out
- Voyager, a bankrupt cypto lender, lent 3ac, a bankrupt degen crypto hedgefund, ~$700M and they bought a dickbutt NFT with some of the money
- Also 3ac has abandoned their offices, looks like they're pulling a runner!
- Loans were used to buy stupid NFTs
Energy
- Lyn Alden, a Financial Analyst, outlines a case for structurally higher energy prices for the 2020s
- Expensive Gasoline Keeps More Summer Drivers Off Road Than at Height of Pandemic
- Latest EU report on bitcoin compares bitcoin to ICE cars, it's pretty bad research
Bitcoin Education
- The OP_RETURN war of 2014 pushed DAP development off bitcoin
- No concept of a neutral bitcoin network
- Idea of 'miss-using' transactions
- Bitcoin Optech #208 is either really interesting or we're nerds
- Tunnel your home node through a VPS courtesy of bitcoinlizard
Feedback
- Remember to get in touch [email protected] or @bitcoindadpod on twitter
- Consider joining the matrix channel using a matrix client like element
Value for Value
- Podcasting 2.0 to support an indepenent podcasting ecosystem
- Recomended Podcasting2.0 apps:
- Fountain podcast app (Android)
- Podverse (Cross platform and self hostable)
- Castamatic (Apple)+ Podcasting 2.0 to support an indepenent podcasting ecosystem
Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting