News Lumis & Gillibrand's massive crypto bill (https://bitcoinmagazine.com/business/heres-whats-in-senator-lummis-bitcoin-bill) is probably not going anywhere soon but interesting: Definite Altcoin carvouts: allows altcoins to register as 'ancillary assets' (https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/) CFTC Chair wants BTC to become POS (https://bitcoinmagazine.com/legal/climate-advocate-cftc-chair-wants-to-change-bitcoin) Human rights activists pen letter to congress (https://www.financialinclusion.tech/) in epic response/troll to last weeks 'concerned technologist's' letter (https://concerned.tech/) Gary Kasparov, Navalny's org, Nigerian feminists and Gladstein PayPal enables crypto payments (https://newsroom.paypal-corp.com/2022-06-07-PayPal-Users-Can-Now-Transfer-Send-and-Receive-Bitcoin-Ethereum-Bitcoin-Cash-and-Litecoin) Their explanations of 'crypto' are not terrible Head of MIT digital currency initiate (https://www.ted.com/talks/neha_narula_the_future_of_money?subtitle=en) consulted How did they decide on BTC, BCH, LTC, and ETH? BCH and LTC are not top 10 coins New York Times article questions bitcoin's decentralization (https://nyti.ms/3PX8juC) Non-peer reviewed paper makes pretty benign claims (https://arxiv.org/pdf/2206.02871.pdf) Takes simple facts about bitcoin out of context Comment section is heartening, much more sophisticated than in the past PSA: CryptoKyle identifies Cold Card bag problem/potential avenue for supplychain attack Economics US Treasury Secretary Yellen denies that fiscal policy (https://www.business-standard.com/article/international/us-faces-unacceptable-levels-of-inflation-yellen-tells-senators-122060701239_1.html?utm_source=SEO&utm_medium=SP) has driven inflation up Argument that inflation is everywhere so it couldn't be US fiscal policy alone Energy Chelan County creates rate 36 (https://decrypt.co/102420/bitcoin-miners-will-see-29-rate-hike-hydroelectric-power-washington) for cryptominers but it's not clear why (https://www.kpq.com/bitcoin-miners-to-start-paying-higher-cost-for-energy-use-in-chelan-county-in-july/) Chelan County PUD Commissioner Garry Arseneault is the new President of the Washington Public Utility Districts Association. Washington state accounted for 4% of the whole U.S. hashrate in December close by Douglas County has stopped permitting new Bitcoin miners to arrange operations there as a result of they already eat 25% of the county’s obtainable vitality. Salcido can maintain his Chelan facility on the decrease, high-density vitality fee if he processes information as a substitute of mining crypto. The info processing makes use of the identical quantity of energy as crypto mining, he instructed the Wenatchee World. "Do you really want to be in the business of regulating what kind of processing happens on servers in your territory," Salcido said. Privacy Norwegian statistics burea wants to track all supermarket purchases (https://www.lifeinnorway.net/norway-to-track-all-supermarket-purchases/) Bitcoin Education A list of bitcoin privacy proposals (https://sethforprivacy.com/posts/proposed-bitcoin-privacy-improvements/) by Seth for Privacy Output descriptors (https://outputdescriptors.org/) as recomended by bitcoinlizard Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Corrections None today! Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) The Fountain (https://www.fountain.fm/) podcast app Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)

News Sweet infographic shows who funds (https://whofundsbitcoin.com/) bitcoin development Tokenomics The 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 structure Ties 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) Energy New CCAF report on bitcoin mining (https://www.jbs.cam.ac.uk/insight/2022/bitcoin-mining-new-data-reveal-a-surprising-resurgence/) has some surprising(?) opinions Cambridge 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) Privacy This Month in Bitcoin Privacy (https://enegnei.github.io/This-Month-In-Bitcoin-Privacy/April_2022/) is back! Powerfull edition, great discussion of financial surveillance Details CBDC incentives are completely anti-privacy Start 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 Education 200th 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_CTV Corrections Gary 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 Kraken PSA - Umbrel is insecure (https://hideme.software/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Some 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/) setup K3tan'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 Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) The Fountain (https://www.fountain.fm/) podcast app Sponsors and Acknowledgements Music by Lesfm from Pixabay Self 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...