Bitcoin Dad Pod Episode 93: FedNot

News

Fednow, the Federal Resrves new payment system for instant payments, has finally launched with '35 early-adopting banks and credit unions, as well as the U.S. Department of the Treasury’s Bureau of the Fiscal Service'
The US House of Representatives Fianncial Services Comittee, a House subgroup focusing on financial law, submitted a bipartisan crypto market bill to the Aggriculture Comitte (which oddly is above it)
- This bill would then be submitted to the house, likely would not pass
- Contains the language for ICOs to become sufficiently decentralized and graduate into commodities

Commodity traders Goehring and Rozencwajg the patterns of commodity bull runs and the relation to shifts in global monetary standards
Jesse Myers, aka CroessusBTC, observes the shifting Overton window of bitcoin and how very little interest it needs to get really bullish
Dedollarization slowly proceeds with Argentina using Chinese RMB to pay off IMF debt

The Director of Investigations at Chainalysis, a blockchain surveillance and ant-privacy firm, unaware of scientific basis of their surveillance product
- The actual recorded testimony clarifies that Chainalysis does not validate their results (why would they? Just trust us)
The FBI arrested the admin of a Mastadon server on charges unrelated to the server, but seized all his electronic devices (common clause in arrest warrants) wich included a backup of all server data
- Just getting off twitter doesn't solve the problem of privacy online

Yet another bitcoin argument for mining logically reaching zero emissions
But what's the real energy disconnect between Greenpeace/COP21 and bitcoin energy maximalists? Doomberg thinks that the core fallacy is the economic theory of degrowth that associates growth and environmental destruction.
- Listen to Doomberg, Rozencwag, and Anas Alhaji on energy investing and shfiting ESG narratives

Bitcoin Optech #261 covers lightning protocol discussions on the bitcoin dev mailing list, as well as an interesting stack overflow where Peter Wuille explains why a bitcoin seed should probably have more than 128 bits of entropy, but individual addresses don't

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