Episodes

  • NewsSweet infographic shows who funds (https://whofundsbitcoin.com/) bitcoin developmentTokenomicsThe Problem of Etherium (https://tomerstrolight.medium.com/the-problem-with-ethereum-af9692f4af95) explains the changing promises of Etherium in the context of a society with class structureTies in nicely with Vitalik's latest cry for help (https://twitter.com/VitalikButerin/status/1526378787855736832)How sweet (and brief) it is to be a top 10 coin (https://twitter.com/ChartsBtc/status/1527785631643865088)EnergyNew CCAF report on bitcoin mining (https://www.jbs.cam.ac.uk/insight/2022/bitcoin-mining-new-data-reveal-a-surprising-resurgence/) has some surprising(?) opinionsCambridge Bitcoin Electricity Consumption Index Change Log (https://ccaf.io/cbeci/change_log)Tesla Asking Owners to Limit Charging During Texas Heatwave Isn’t a Good Sign | The Drive (https://www.thedrive.com/news/tesla-asks-texan-owners-to-limit-charging-due-to-heat-wave)PrivacyThis Month in Bitcoin Privacy (https://enegnei.github.io/This-Month-In-Bitcoin-Privacy/April_2022/) is back!Powerfull edition, great discussion of financial surveillanceDetails CBDC incentives are completely anti-privacyStart your own local trading group (https://juraj.bednar.io/en/blog-en/2022/03/14/how-to-create-your-own-crypto-trading-group/)EU plans to 'save the children' by abolishing online privacy (https://tutanota.com/blog/posts/eu-surveillance-csam/) Seattle Bitcoin (Seattle, WA) | Meetup (https://www.meetup.com/seabtc)Bitcoin Education200th edition of bitcoin optech is out! (https://bitcoinops.org/en/newsletters/2022/05/18/)OP_CAT could enable recursive bitcoin covenants - protocol work is really hard!Rusty Russell proposed an OPTX opcode to replace Jeremey Rubin's OPCTV. His proposal is more extensible and has all of the benefits of OP_CTVCorrectionsGary Gensler: crypto exchanges trading against (https://news.yahoo.com/sec-chair-gary-gensler-takes-184814025.html) their customers, also, water still wet -> this was a broad characterization is probably wrong for some exchanges like KrakenPSA - Umbrel is insecure (https://hideme.software/)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterSome tips on running a full node:Lopp's guide to bitcoin and tor (https://blog.lopp.net/how-to-run-bitcoin-as-a-tor-hidden-service-on-ubuntu/) setupK3tan's excellent ubuntu nodebox guide (https://www.youtube.com/watch?v=fx_mLXISrfM)A docker node option I haven't tried (https://ezno.de/)Value for ValuePodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • EconomicsWhy are all financial markets down?TokenomicsHow to make $800 million (https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r) breaking LUNASurprise, surprise! Do Kwon the Terra founder is a serial altcoiner (https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/) involved in several failed projectsOther alt-coin/algo-coin constructions like neutrino (https://www.coindesk.com/markets/2022/05/11/crisis-in-terras-ust-stablecoin-spreads-to-neutrino-usd-on-waves-protocol/) are also crashing based on this broad panicArthur's take on stablecoins (https://blog.bitmex.com/luna-brothers-inc/)Bitmex's history of stablecoins (https://blog.bitmex.com/a-brief-history-of-stablecoins-part-1/)EnergyNorwegian mining ban is reversed (https://bitcoinmagazine.com/markets/norway-votes-against-bitcoin-mining-ban)Sponsored by the Norwegian Communist party, wants non-market energy policy> Ordinary households, companies and the public sector pay an electricity tax of $2.51 per kilowatt hour, the industry has a reduced electricity tax of around $0.07 per kilowatt hour.Bitcoin EducationSee Episode 16: Stablecoin Alchemy (https://bitcoindadpod.fireside.fm/16)CorrectionsWe were wrong about mining pool decentralization: it's more centralized and it's ok (https://mempool.space/mining)Cut off Bullish-on-sats boost from last week:> The lightning.video discussion got me thinking. What if my cloud provider, e.g., Linode, could present me with a Lightning invoice daily or weekly, instead of charging a credit card monthly? I’m not sure it’s as compelling a use case as paying for bits of media content, but I’m interested in your thoughts.FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterBoostsMentioned CoinOS (https://github.com/coinos/coinos-server) as a potential solution to hosting wallets for the familyTourquoise Fox mentioned bitcoin optech (https://bitcoinops.org/en/newsletters/) to keep track of bitcoin development Value for ValuePodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Missing episodes?

    Click here to refresh the feed.

  • Getting bitcoin off ExchangesHabitsFast off exchangeRehypothificationCustody risk (https://www.businessinsider.com/coinbase-users-transfer-crypto-cold-hardware-wallets-2022-5)Slow on cold storageWalletsBitcoin.orgs wallet selector (https://bitcoin.org/en/choose-your-wallet)Another pretty good guide to mobile bitcoin wallets (https://bitcoiner.guide/wallet/mobile/)Guide to desktop wallets (https://bitcoiner.guide/wallet/desktop/)The Exodus Wallet (https://www.exodus.com/) for those of you who are doing bitcoin + altcoinsPrintable sheets for writing out your wallet seed (https://bitcoiner.guide/backup.pdf)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterJoin the Jupiter Broadcasting bitcoin (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) channel using element messenger (https://element.io/get-started)Value for ValuePodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Pre-Show ThoughtsSeth's recommended tools (https://optoutpod.com/posts/recommended-tools/) page is quite brilliantNotes from interviewA history of cryptonote (https://monero.stackexchange.com/questions/90/what-is-known-about-the-creation-and-history-of-the-cryptonote-protocol) by Murch! Monero's stealth address (https://www.getmonero.org/resources/moneropedia/stealthaddress.html) technology explained Paynyms (https://samouraiwallet.com/paynym), a private public bitoin address courtesy of the Samourai Devs (https://blog.samouraiwallet.com/) Seth says 'silent addresses' but he means 'silent payments', a bitcoin privacy proposal (https://gist.github.com/RubenSomsen/c43b79517e7cb701ebf77eec6dbb46b8) by our favourite Bitcoin Sourcer, Ruben Somsen!Nymnet with Harry Halpin was one of my favorite OptOutPod interviews (https://optoutpod.com/episodes/s2e05-nym/)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterOutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Pre-show TeaseThe Roblox saga continuesNewsMainstreamFunny Verge article laughs at various flavors of bitcolin maximalism (https://www.theverge.com/2022/4/28/23042819/bitcoin-2022-miami-beach-conference-maxis) at Bitcoin 2022Warren attacks Fidelity plan to add bitcoin to 401k(k) plans (https://archive.ph/zCH9N)EconomicsEconomics Mini-Series: Three articles to grok the current monetary and energy transition Lyn Alden's epic What is money? (https://www.lynalden.com/what-is-money/) condenses 5000 years of monetary history into a half hour readUnderstand previous monetary transitions so the current one doesn't surprise you>The Swiss dropped their gold standard when I was twelve years old, which was six years after Amazon was founded, and three years before Tesla was founded. The fiat/petrodollar standard is only four times older than bitcoin, and only two times older than the first internet browser. That’s pretty recent when you think about it like that. Lyn Alden's Investing during stagflation (https://www.lynalden.com/investing-during-stagflation/) The last 20 years of low interest rates are bad experience for understanding high interest rate/high inflation investingArthur Hayes' Doom Loop (https://entrepreneurshandbook.co/the-doom-loop-161a42bbcd50) is worth a second read, plays out the trades that lead to million dollar bitcoinGovernment Debt Spiral + energy crisis = YCCHigh inflation US, Breakup of EU, China divests dollars into energy, gold, btc?China's savings is a big problemEnergyChris can finally stop caring about energy misinformation and just hand out Lyn's bullish energy market forecast (https://www.lynalden.com/oil-and-gas/)Febuary story about the failure (https://www.youtube.com/watch?v=-0gbisTsj2w) of Spain's solar subsidy programTokenomicsLyn Alden took the time to quantify how much volatility it will take to break the TERRA-LUNA peg (https://twitter.com/LynAldenContact/status/1520752169623998468) and how selling bitcoin reserves could trigger a market crashSolana needs another restart (https://twitter.com/SolanaStatus/status/1520508697100926977), POS is going great!NFT activity is flatlining (https://www.videogameschronicle.com/news/nft-sales-have-declined-92-since-their-peak/) surprising no one who took 10 minutes to think about the fundamentals of 'non-fungible tokens' HINT: the key is 'non-fungible'See the raw data here (https://nonfungible.com/market-tracker?days=7)Bitcoin EducationA boost suggest we look into open timestamps (https://opentimestamps.org/)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterSee on-chain bitcoin activity using Glassnode (https://studio.glassnode.com/metrics?a=BTC&category=Entities&m=entities.NewCount)Sell files on lighting with agora (https://agora-org.github.io/agora/)Bitcoin KPIs (https://www.bitcoinkpis.com/) provides free on chain data about the bitcoin networkSee up to date mining pool data with the mempool.space (https://mempool.space/mining) mining dashboardCorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • LinksHosting video (https://lightning.video/) on the bitcoin lightning networkThe demo lightning.page (https://lightning.page/tcUUzRkyzXYhIZQbmopiCLREyZ_kQJqQ-C4XesecOm4.GX1Dv-eGcfKuOPobBK9Q-Sc-o697XgVCQzOCfqfimIo) social layer built on lightningThe project mainpage and resources (https://shockwallet.app/)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterOutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • NewsNew version of Bitcoin Core (https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2022-April/000111.html) has been releasedProof of Stake has already centralized (https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking) Etherium 2.0 validationBitcoin is not a store of value (https://www.suresats.com/post/bitcoin-is-not-a-store-of-value)...yetCAR adopts bitcoin (https://bitcoinmagazine.com/business/the-central-african-republic-adopts-bitcoin-as-legal-tender) but it's not super clear what that meansJeremey Rubin shakes the tree with a speedy trial soft fork (https://rubin.io/bitcoin/2022/04/17/next-steps-bip119/) proposal for OPCHECKTEMPLATE_VERIFY7 Theses on a next step for BIP-119 · Jeremy Rubin (https://rubin.io/bitcoin/2022/04/17/next-steps-bip119/)BIP-119 bproposes adding covenants (https://utxos.org/) to bitcoinBitmex has a great explanation (https://blog.bitmex.com/op_ctv-summer-softfork-shenanigans/) of the poposalAndreas made a video critical of the activation method (https://www.youtube.com/watch?v=yO5BwXFyCIQ)The creator, Jeremy Rubin, describes some potential use cases (https://podcast.chaincode.com/2020/01/30/jeremy-rubin-3.html) in detail on the ChainCode podcastJeremy explains his thoughts on bitcoin development in a blog post (https://www.vice.com/en/article/epx3q7/fort-worth-texas-to-mine-bitcoin-in-city-hall-after-trade-group-donation)Forth worth to mine bitcoin (https://www.vice.com/en/article/epx3q7/fort-worth-texas-to-mine-bitcoin-in-city-hall-after-trade-group-donation) in the city hall after a donationPaper on the El Salvador bitcoin experiment (https://www.davidargente.com/_files/ugd/b05023_7825615207654784864b4c4cc4ec6550.pdf) from Stacker.news (https://stacker.news/items/23418)Add readThis episode of the Bitcoin Dad Pod is brought to you by the Self-Hosted Show from Jupiter broadcasting. The self hosted show is a podcast about running your own digital infrastructure and having fun while doing it!Host your own media server, control your home iot devices with a rasberry pi, and get endless excuses to buy more electronic toys!The self hosted show will give you ideas, guidance and a fun community to experiment with running way too many computers at home! Check it out at selfhosted.show or search for self hosted show in your podcast app.Bitcoin EducationNext Bitcoin Core PR Review Club is scheduled (https://bitcoincore.reviews/24584)Upstream data home mining with a sound dampening box guide (https://blog.upstreamdata.ca/coldcard-blackbox/)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterCorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • NewsCrypto schadenfreude: yes, most DAOs are just a convenient structure for scamming (https://www.coindesk.com/business/2022/04/14/olympusdao-co-founder-doxxed-lawsuit-claims-to-unmask-apollo/)Turkey bans cryptocurrency (https://www.bloomberg.com/news/articles/2021-04-16/turkey-bans-cryptocurrency-payments-saying-risks-are-too-great) for transactionsMatt Levine's breakdown of the Terra-Luna (https://www.bloomberg.com/opinion/articles/2022-04-19/the-stability-of-algorithmic-stablecoins) peg and Ponzinomic strategyLast year he broke down the IRON-TITAN stablecoin failure (https://www.bloomberg.com/opinion/articles/2021-06-17/titanium-got-crushed?sref=1kJVNqnU) which is illuminating as to the weaknesses of a two coin systemIMF's Global Financial Stability Report (https://bitcoinmagazine.com/markets/imf-publishes-global-financial-stability-report-discussing-bitcoin?utm_source=Bitcoin+Magazine&utm_campaign=6197e3f14c-&utm_medium=email&utm_term=0_f7d45fbb67-6197e3f14c-357178061&mc_cid=6197e3f14c&mc_eid=c067dcb913) is almost an add for bitcoinUkraine's Central Bank Bans Crypto Purchases in Local Currency (https://www.coindesk.com/policy/2022/04/22/ukraines-central-bank-bans-crypto-purchases-in-local-currency/)Israel Adds Yuan to $206 Billion Reserves in ‘Philosophy’ Change (https://www.bloomberg.com/news/articles/2022-04-20/israel-adds-yuan-to-206-billion-reserves-in-philosophy-change)Israel's central bank adds the Chinese yuan and three other currencies to its $206 billion reserves, reducing the allocation for the dollar and the euro.To accommodate the changes, the euro’s share will fall to 20% -- the lowest in at least a decade -- from just over 30%, while the dollar will account for 61%, down from 66.5%. The pound’s weighting, by contrast, will almost double to 5%, returning to a level last seen in 2011.The greenback’s share, by contrast, has fallen to the lowest since 1995Bitcoin EducationTaro is the new color coin (https://lightning.engineering/posts/2022-4-5-taro-launch/) protocol from lightning labsColor coins have existed for a while on bitcoin, but this protocol seems stablecoin focusedFeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterstacker news (https://stacker.news/)CorrectionsWe never actually explain why the mempool cleared in 2021: batching transactions by exchanges, segwit, and lightningOutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • IntroThe Classic GM Motorhome (https://www.sirumvintagegmc.com/the-story-of-the-classic-gmc-motorhome) comes upNewsSubmit a comment on bitcoin's energy usage (https://www.federalregister.gov/documents/2022/03/25/2022-06284/request-for-information-on-the-energy-and-climate-implications-of-digital-assets) to the Biden administration Fascinating infographic on how Americans have weird preceptions (https://today.yougov.com/topics/politics/articles-reports/2022/03/15/americans-misestimate-small-subgroups-population) about realityBitcoin ownership is surprisingly less centralized (https://www.buybitcoinworldwide.com/treasuries/) than the ownership of the US stock market (https://ritholtz.com/2020/01/stock-ownership/)The prize for worst FED vice-chair nomination (https://www.coindesk.com/policy/2022/04/15/biden-nominates-former-ripple-adviser-barr-as-top-us-fed-regulator/) ever goes to Michael Barr, formerly of RippleBlackrock goes from bitcoin is a 'money laundering index' to all in-ish (https://www.forbes.com/sites/ninabambysheva/2022/04/13/blackrocks-newest-investment-paves-the-way-for-digital-assets-on-wall-street/?sh=60767cb85b6d)Lebanon confiscates foreign currency accounts (https://cryptonews.com/news/another-case-for-bitcoin-as-lebanon-reportedly-targets-depositors-fiat.htm) surprising no oneUnfortunately, things in El Salvador aren't going great (https://www.aljazeera.com/news/2022/3/28/el-salvador-invokes-state-of-emergency-after-62-killings-in-a-day)Bukele didn't show up (https://twitter.com/TheBitcoinConf/status/1511751005377073154) at Bitcoin2022The Bitcoin Bond issue has been postponed till September (https://www.reuters.com/technology/el-salvador-postpones-bitcoin-bond-issue-expects-better-conditions-2022-03-22/) but Bukele call's conerns FUD (https://www.coindesk.com/business/2022/03/24/el-salvadors-bukele-shoots-down-fud-on-bitcoin-bond-takes-issue-with-us-lawmakers/)A skeptical podcast talks to two El Salvadorians (https://anchor.fm/cryptocriticscorner/episodes/We-Need-to-talk-about-El-Salvador-Feat--Mario-Gmez-and-Oscar-Salguero-e1gbomt) on the wrong side of BukelePerhaps the US Seneate report of El Salvador (https://www.coindesk.com/policy/2022/03/23/us-senate-to-consider-bill-examining-el-salvadors-bitcoin-experiment/) will provide better data on the state of bitcoin in the countryStrike Partners With Shopify, Blackhawk, and NCR (https://medium.com/coinmonks/strike-partners-with-shopify-blackhawk-and-ncr-to-bring-bitcoin-lightning-payments-to-merchants-a05a1ff3236f) to Bring Bitcoin Lightning Payments to MerchantsAdd readThis episode of the Bitcoin Dad Pod is brought to you by the Self-Hosted Show from Jupiter broadcasting. The self hosted show is a podcast about running your own digital infrastructure and having fun while doing it!Host your own media server, control your home iot devices with a rasberry pi, and get endless excuses to buy more electronic toys!The self hosted show will give you ideas, guidance and a fun community to experiment with running way too many computers at home! Check it out at selfhosted.show or search for self hosted show in your podcast app.Bitcoin EducationMurch musing on the blockspace savings of Cross Input Signature Aggregation (https://twitter.com/murchandamus/status/1513525429994409999?cxt=HHwWnsCy1YHXj4EqAAAA)What is CISA (https://bitcoin.stackexchange.com/questions/106241/what-is-cross-input-signature-aggregation-and-how-would-it-work/107068#107068)? Good question, lol :PFeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterFor help re-creating a wallet try walletsrecovery.org (https://walletsrecovery.org/)Don't be the guy who runs an unregistered money transmitters service (https://www.marketwatch.com/story/new-york-man-charged-with-running-illegal-bitcoin-atms-in-laundromats-to-help-criminals-launder-money-11649866635)CorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • NewsCriticism: Internal and ExternalPete Rizzo's latest article (https://www.forbes.com/sites/peterizzo/2022/03/28/bitcoin-after-2140-differing-views-on-the-future-of-the-future-of-money/) is a thoughtful summary of the three main narratives of bitcoin maximalismCurrently tether is an important humanitarian tool (https://twitter.com/gladstein/status/1473409024540360705) which challenges the 'bitcoin fixes this' narrative of 3rd world financeThe Cannadian government's sanctions of the Ottowa truckers (https://www.politico.com/news/2022/02/28/trucker-crypto-crackdown-in-canada-fuels-gop-backlash-in-u-s-00011401) suggest that 1st world surviellance states may be able to supress some aspects of subversive bitcoin usageA critique on NFTs that begins with a somewhat lazy (https://www.youtube.com/watch?v=YQ_xWvX1n9g) attack on bitcoin but is generally correct in it's critique of financial grifters pushing DeFi, WEB3, and NFTsWhy do narratives like this appeal to no-coiners like Ezra Klein (https://www.nytimes.com/2022/04/05/opinion/ezra-klein-podcast-dan-olson.html)? Privacy NewsA deeper look at Rohan's ECASH act (https://ecashact.us/#hardware) and why the Bitcoin Dad supports it, but is concerned about its limitationsThe act has a fascinating research section (https://ecashact.us/#privacylinks)Coincenter has researched the necessity of anonymous cash for an open society (https://www.coincenter.org/the-case-for-electronic-cash/) as wellCash App gets hacked (https://techcrunch.com/2022/04/05/block-cash-app-data-breach) and containg ~8 million customers, inside jobMoxie (rightly) takes down the false privacy assumptions of Telegram (https://twitter3e4tixl4xyajtrzo62zg5vztmjuricljdp2c5kshju4avyoid.onion/moxie/status/1474067549574688768)But what are the trade offs of Signal?Protonmail + Simplelogin? *Chef's kissBitcoin EducationEven Vitalik thinks ETH doesn't really work (https://vitalik.ca/general/2022/03/29/road.html)Bitcoin 2022 Conference Open Source Stage (https://noderunners.network/en/media/podcasts/bitcoin-magazine/open-source-stage-day-2-bitcoin-2022-in-miami/46140) has great technical discussionThe Bitcoin Core PR Review Club (https://bitcoincore.reviews/) is a way to learn about bitcoin and software development in a hands on mannerFeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterOn MMT, Stephanie Kelton is inspirational (https://www.ted.com/talks/stephanie_kelton_the_big_myth_of_government_deficits) not stupid, but I think her strategy is likely to be highly inflationaryMMT tries to describe the complex financial systems that regulate money production in an economyIt also debunks the "how will you pay for it?" argument to redistributive social policiesOn the darker side, it likely requires capital controls and financial surveillance to workCorrectionsNo one has raised anything lately...Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Hodlhodl (https://hodlhodl.com/) does what it says on the tin, not much instruction required, not availible in USA
    Intro to Bisq (https://bisq.network/getting-started/)
    Great Bisq intro video (https://www.youtube.com/watch?v=slhHF1zoLd4) by High Level Bitcoin (https://www.youtube.com/channel/UCQx8FNjPZ8JO9y21K3bYg0g/featured)

  • NewsLatest Attacks on BitcoinEnergy FUDProof of stake proponents attack Bitcoin's energy usage (https://www.theverge.com/2022/3/29/22999715/climate-change-bitcoin-drop-energy-hungry-software-code-proof-of-work) to justify the existence of their own centralized, self-serving projectsResearch on bitcoin's energy impact (https://uploads-ssl.webflow.com/61d2416d1d63f07ecbfd010c/61e73cb0ac05f32ed010668a_Key%20Facts%20on%20Bitcoin%20%26%20the%20Environment-03%20(1)%20(1)%20(1)%20(1).pdf) suggests the energy concerns are not credibleClaims that bicoin wastes energy (https://uploads-ssl.webflow.com/61d2416d1d63f07ecbfd010c/61e06fd0387be5288a07d9d6_Climate%20Organizaions%20Crypto%20Letter-01-13-01.pdf) are easily dismissed with data#### Attack on Self-CustodyEU seems to be planning to ban crypto self-custody (https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf)It's so bad even Brian Armstrong of Coinbase doesn't like it (https://cointelegraph.com/news/crypto-industry-pushes-back-after-eu-vote-to-block-unhosted-wallets)5a. In the case of a transfer of crypto-assets to an unhosted wallet, the crypto-asset service provider of the originator orother obliged entity shall obtain andretain the information referred to inparagraphs 1 and 2 from its customer,where available, and make suchinformation available to competentauthorities upon requestConfusinglyDemocrats propose bill to create private ecash (https://www.theregister.com/2022/03/28/us_digital_dollar/) instead of a CBDAnd it's Rohan Grey againBitcoin EducationTake Gary Genslers MIT blockchain class (https://ocw.mit.edu/courses/15-s12-blockchain-and-money-fall-2018/resources/session-24-conclusion/) and become an expertInteresting to learn what the head of the SEC thinks about BTCVery bullish on permissioned blockchains - wrong on thatThe bitcoin whitepaper (https://bitcoin.org/bitcoin.pdf) is a surprisingly accessible read. Check it out!the bitcoin dad on how to dismiss 99% of altcoins without remorseUnderstand the BTC vs ETH blockchain size (https://blog.bitmex.com/bitcoin-vs-ethereum-blockchain-size/) as a mental shortcut to understanding most altcoins (and why they don't work)Even Vitalik thinks ETH doesn't really work (https://vitalik.ca/general/2022/03/29/road.html)FeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitterJupiter Extras: March Boost Battle (https://extras.show/84)CorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)Sponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Podcasting2.0 is here!Try listening on a podcasting2.0 compatible app and interact with the show with lightning!Fountain Podcast (https://www.fountain.fm/) is a slick podcast app with a built in lightning walletBreeze Wallet (https://breez.technology/) is heavier on the lightning wallet, but also has podcasting capabilitiesNewsAlgo-stablecoin Terra/Luna buying bitcoin with tether(?) (https://news.bitcoin.com/terras-founder-do-kwon-looks-forward-to-building-with-bitcoin-project-reportedly-acquires-125m-in-btc/) to provide reserves against it's algo-stablecoinSome explanation of the Terra/Luna ecosystem (https://www.publish0x.com/cryptoeq/an-honest-criticism-of-terra-ust-and-luna-as-they-stand-toda-xknlxvw)Understanding algo-coins (like MakerDAO) is complicated (https://blog.makerdao.com/a-guide-to-dai-stats/)Just a touch of geo-politicsLyn Alden's latest newsletter summarizes the macroeconomic changes (https://www.lynalden.com/march-2022-newsletter/) brought by Covid,inflation, and bitoinApparently Russia is open to selling gas for bitcoin (https://bitcoinmagazine.com/markets/russia-open-to-sell-gas-for-bitcoin)Russian Central Banker's resignation results in another 5 year term (https://www.bloomberg.com/news/articles/2022-03-23/russia-central-banker-wanted-out-over-ukraine-but-putin-said-no?utm_source=twitter&utm_content=politics&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business&cmpid%3D=socialflow-twitter-politics)And a little economic historyCigarettes as commodity money (https://oak.ucc.nau.edu/dlf/ECO_473_Money/Money_material/The%20Economic%20Organization%20of%20a%20POW%20Camp%20-%20edit%20version.pdf)Self Custody SecurityHubspot data leak (https://archive.ph/EChln) affects up to 30 bitcoin companiesCoinbase requires address verification for withdrawls (https://www.coindesk.com/business/2022/03/25/coinbase-to-require-recipient-information-for-crypto-transfers-from-users-in-canada-singapore-and-japan/) for 3 countriesHackers are compromising crypto exchange security (https://darknetdiaries.com/transcript/112/) by sim swaping and spearfishing crypto holders using leaked customer databasesAwesome Bitcoin RecomendationsThe best bitcoin dashboard (https://bitcoin.clarkmoody.com/dashboard/) onlineFeedbackRemember to get in touch [email protected] or @bitcoindadpod on twitter> A listener wrote in to ask about mistakes we've made and how to avoid themWe suggest self custody with lots of testing and documentationCorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appBreeze Wallet (https://breez.technology/) is also an optionSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • Good News EveryoneBill From 'Bitcoin Senator' Lummis (https://decrypt.co/94834/bill-bitcoin-senator-lummis-alter-capital-gains-landscape-crypto?amp=1) Would Alter Capital Gains Landscape for CryptoEnd of the Dollar - Weirdly, not alarmistThe petrodollar system is crumbling faster than expected (https://www.wsj.com/articles/saudi-arabia-considers-accepting-yuan-instead-of-dollars-for-chinese-oil-sales-11647351541) as Saudia Arabia considers Yuan options for oil pricingSanctions are blowing up the dollar system because experts explain they only work when used well (https://www.banking.senate.gov/imo/media/doc/Singh%20Testimony%209-12-18.pdf), i.e. in our current disfunctional world, they will not workSomewhat desperate US negotiaions for oil with Iran (https://www.politico.com/news/2022/03/07/white-house-oil-deals-saudi-arabia-venezuela-iran-00014803)Bitmex founder Arthur Hayes (https://blog.bitmex.com/energy-cancelled/) appears to be a listener as he stole our third episode for his latest article :D, tldr Petrodollar system is toastLyn Alden describes the petrodollar system (https://www.lynalden.com/fraying-petrodollar-system/)Bad NewsWarren tries to destroy open source (https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/) with anti-crypto bill with language so vague microsoft might be able to finally kill linuxShare Your Opinion Contact U.S. Senator Elizabeth Warren of Massachusetts (https://www.warren.senate.gov/contact/shareyouropinion)U.S. Treasury: Bitcoin Not Illicit (https://bitcoinmagazine.com/culture/us-treasury-bitcoin-not-illicit)Wasabi wallet adds ban-list (https://archive.ph/myERy) and it's worse than you'd think (https://bitcoinmagazine.com/business/wasabi-wallet-explains-new-bitcoin-censorship) because they did it voluntarily. Use JoinMarket and Samourai (via Sparrow)Recomended ToolsSamourai Wallet (https://samouraiwallet.com/) an android mobile wallet with privacy featuresHodlhodl (https://hodlhodl.com/) a peer-to-peer exchange for non-KYC purchase of bitcoinSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • NewsTwitter adds the ability to access the platform natively through Tor (https://twitter3e4tixl4xyajtrzo62zg5vztmjuricljdp2c5kshju4avyoid.onion/)Beware Bitcoin's eternal September (https://archive.ph/ce4vk) - privacy is fundamental to bitcoin counterbalacing centralized financial controlUS Senators want to lock down (https://archive.ph/jW7Ve) Russia's gold reservesGladstein's Petrodollar (https://bitcoinmagazine.com/markets/petrodollar-deep-dive-with-alex-gladstein) historyAre Russian sanctions the begining of the end of the petrodollar (https://www.coindesk.com/layer2/2022/03/09/americas-quiet-default/)How the U.S. dollar became the world's reserve currency : Planet Money (https://www.npr.org/2022/03/09/1085605288/the-dollar-at-the-center-of-the-world-classic)ICO HistoryThe story of Justin Sun (https://www.theverge.com/c/22947663/justin-sun-tron-cryptocurrency-poloniex) and the Tron ICOFeedbackRemember to ask for feedback [email protected] or @bitcoindadpod on twitterCorrectionsNone today!OutroPodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)The Fountain (https://www.fountain.fm/) podcast appSponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • FeedbackRemember to share feedback at [email protected] or @bdadpod on twitterAdvice for LostFaithinPaperMoneyHelpful links for begining to self-custody your bitcoinIntro (https://bitcoin-intro.com/) to holding bitcoinSparrow Wallet (https://sparrowwallet.com/docs/quick-start.html) quick start guideWallet Software and a good Hardware WalletSparrow Bitcoin Wallet - Sparrow Wallet (https://sparrowwallet.com/)COLDCARD Wallet – Hardware Wallet - The Most Trusted and Secure Hardware Wallet (https://coldcard.com/)Exodus (https://www.exodus.com/)NewsFinally some good privacy news (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-February/020026.html) from Chris Belcher about his new coinswap protocolThis Month in Bitcoin Privacy is back! (https://enegnei.github.io/This-Month-In-Bitcoin-Privacy/February_2022/)Awesome newsletter by the pseudonymous opensource journalist JanineMore challenges with Wasabi v2, incredibly privacy infoNFT marketplace OpenSEE is not decentralized and subject to sanctions policy (https://www.coindesk.com/policy/2022/03/03/opensea-bars-iranian-users-as-us-sanctions-talk-ramps-up/)Etherium infrastructure providers will block certain areas (https://www.coindesk.com/policy/2022/03/03/metamask-infura-block-certain-areas-amid-crypto-sanctions-fury/) from using their "decentralized" blockchainSanctions on the Russian Central Bank (https://www.bloomberg.com/news/articles/2022-02-28/central-bank-sanctions-breach-fortress-russia-halt-intervention) may have frozen 30-50% of Russian FX reservesHistory - Payments vs Global MoneyChris is so right about bitcoin 10 years ago (https://www.youtube.com/watch?v=XgShbj-8c28&t=1588s) but the narrative was mostly about transactions, not investment/value transfer into the futureNick Szabo's Shelling Out (https://nakamotoinstitute.org/shelling-out/) describes a theoritcal framework to analyze a commodity gradually becoming moneyPaper is hosted by the Nakamoto Institute (https://nakamotoinstitute.org/) which has some great bitcoin researchThe narrative between transactional money and gold/value money changed during the Block Size War (https://blog.bitmex.com/the-blocksize-war-chapter-1-first-strike/)Mike Hearn of Bitcoin XT analyzes the death of the bitcoin network (https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.5jvqjf9lg) in 2016Early video defending bitcoin's small block (https://www.youtube.com/watch?v=cZp7UGgBR0I) decentralization, look at the comments for a sense of how loud the big block argument wasAn early podcast debate on block size Increases (https://www.bitcoin.kn/2015/09/adam-back-gavin-andresen-block-size-increase/) between Gavin Andreeson and Adam BackCorrectionsProof of Stake is great for pump and dumpsTuur Dem has a concise piece (https://tuurdemeester.medium.com/critique-of-buterins-a-proof-of-stake-design-philosophy-49fc9ebb36c6) outlining some logical fallacies in POS securitySponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • FeedbackEmail us at [email protected] or @bitcoindadpod (https://twitter.com/bitcoindadpod)IntroWasabi Wallet de-anonimized? (https://twitter.com/LaurentMT/status/1496252516702605318)A Brief explanation of CoinjoinSamourai Wallet - Whirlpool (https://samouraiwallet.com/whirlpool)JoinMarket - Bitcoin Wiki (https://en.bitcoin.it/wiki/JoinMarket)Thanks to Coder Radio (https://coder.show): Coinbase CEO admis that apple calls the shots (https://www.theverge.com/22939290/web3-coinbase-apple-moderation-nfts)The ETH DAO hacker found? (https://t.co/sZpqmU7pdl) Apparently found due to a flaw in the wasabi coinjoin protocolHow do you know that DAOs are probably all hype? The Nation (https://www.thenation.com/article/society/dao-crypto-union/) is talking about them.A few more thoughts (https://www.coindesk.com/business/2021/09/26/daos-may-be-the-future-of-work-but-dont-bet-on-them-being-the-next-big-asset-class/) on DAOsOn the subject of businesses not sticking their necks out (https://www.coindesk.com/business/2022/02/22/canadas-osc-warns-crypto-exchanges-not-to-promote-self-custodial-wallets-report/) for users, Cannada scolds exchangesUkranians are running to the dollar (https://www.coindesk.com/markets/2022/02/24/tethers-usdt-stablecoin-well-over-1-on-ukrainian-crypto-exchange/) stablecoinsXpub, Master Public Key, Private Key explained (https://www.swanbitcoin.com/whats-in-an-xpub/)Caitlyn Long shares some economic history (https://twitter.com/CaitlinLong_/status/1496836080238481408)CorrectionsUnbanked/Underbanked (https://www.census.gov/data/datasets/time-series/demo/cps/cps-supp_cps-repwgt/cps-banked.html) population in the USA is much more complicated than we thought and probably less than 30 millionRussia's GDP is not $4 Trillion, it's much much less (https://statisticstimes.com/economy/country/russia-gdp.php)Sponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

  • News and RefencesCrypto bill incoming: Russia’s finance ministry kicks off public comment period (https://cointelegraph.com/news/russian-finance-ministry-opens-public-comment-period-for-the-crypto-bill)|Palley on Twitter: (https://twitter.com/stephendpalley/status/1494775036254859265) "11th Circuit Court of Appeals reverses trial court decision in Bitconnect case and holds that peddling shitcoins in a non-targeted way on the interwebs (YouTube, Twitter etc) exposes promoters to liability from purchasers of unregistered securities. https://t.co/Oh7BA4GGo2" / TwitterUnited States Court of Appeals for the Eleventh Circuit - Wikipedia (https://en.wikipedia.org/wiki/United_States_Court_of_Appeals_for_the_Eleventh_Circuit)Wyoming lawmakers introduce legislation for state-issued stablecoin (https://cointelegraph.com/news/wyoming-lawmakers-introduce-legislation-for-state-issued-stablecoin)Coinkite Store – Get your Coinkite, Opendime and Coldcard product here! (https://store.coinkite.com/store/opendime)Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws (https://cointelegraph.com/news/russian-supreme-court-classifies-illicit-crypto-use-under-money-laundering-laws)American Nations (https://colinwoodard.com/books/american-nations/): Looking at the United States as a conglomeration of different countries and societies with different values and incentives.Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban (https://cointelegraph.com/news/digital-ruble-trial-goes-live-as-bank-of-russia-insists-on-bitcoin-ban)Palley on Twitter: "11th Circuit Court of Appeals reverses trial court decision in Bitconnect case and holds that peddling shitcoins in a non-targeted way on the interwebs (YouTube, Twitter etc) exposes promoters to liability from purchasers of unregistered securities. https://t.co/Oh7BA4GGo2" / Twitter (https://twitter.com/stephendpalley/status/1494775036254859265)Specter Desktop Wallet (https://specter.solutions/) and the specter wallet github (https://github.com/cryptoadvance/specter-desktop)Sponsors and AcknowledgementsSelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)Music by Lesfm from Pixabay