Episode 55
Bad Policy Bad Outcomes
December 18th, 2022
1 hr 17 mins 10 secs
Tags
About this Episode
Pre-show Banter
- SBF wasn't just a proponent of Effective Altruism, his career was defined by their philosophy
News
- ECB staff threaten to strike over non-inflation adjusted wages
- CFTC declares Etherium, Tether, and bitcoin commodities in a bizzare aside in a legal complaint against FTX and SBF (Scam Bankrupt Fraud)
- This aside is likely necessary to establish CFTC jurisdiction
- Belgium has surprising reasonable regulatory guidance regarding crypto assets but fails to identify the obfuscated centralized control of Etherium
- U.S. Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act (warning government PDF) seeks to define many individual participants in bitcoin as money transmiters
- It's a proposterous violation of the U.S. 1st Amendamnt and a sign that the attack on self custodial bitcoin is here
- The mainstream coverage of this unsophisticated attack on bitcoin is similarily uncritical and myopic
- Lyn's right that fundamental fights about property rights are coming
Economics
- US Government interest on debt accelerating per Lyn Alden's model of a government debt spiral
Privacy
- Know Your Customer (KYC) and Anti-Money Laundering (AML) rules are, according to research, an exercise in bureacratic 'ass covering' and do nothing to promote lawful economic activity or fair use of the financial system
Bitcoin Education
- How does an etherium multisig work? And what this tells us about bitcoin
- Bitcoin Optech Newsletter #230 has some cool links
Feedback
- Remember to get in touch [email protected] or @bitcoindadpod on twitter
- Consider joining the matrix channel using a matrix client like element, details here
Listener Links
- Ruling for rulers, a video
Value for Value
- Podcasting 2.0 to support an indepenent podcasting ecosystem
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- Fountain podcast app (Android)
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Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting