Intro Ordinals force introspection on how initial block download (https://bitcoin.stackexchange.com/a/117057) works in bitcoin News Coinbase, a crypto exchange, is building an ETH L2 chain (https://www.coinbase.com/blog/introducing-base) called 'base', that will be a super chain (https://stack.optimism.io/docs/understand/explainer/#the-value-of-scalable-decentralized-compute-is-immense) one day Its built on the ETH L2 optimism (https://www.coindesk.com/learn/what-is-optimism/) The U.S. Federal Reserve, a central bank, confirmed its denial (https://www.federalreserve.gov/newsevents/pressreleases/orders20230223a.htm) of Wyoming bank Custodia's application for a FED Master Account (https://cointelegraph.com/news/us-federal-reserve-denies-custodia-bank-s-request-for-fed-supervision) Economics Changes to the U.S. Consumer Price Index (PCI) actually raised inflation numbers (https://wolfstreet.com/2023/02/21/how-the-cpi-weights-changed-and-moved-cpi-meet-the-surprises/) for 2022 in the United States Privacy Signal, a private messaging app, calls out the magical thinking (https://www.bbc.com/news/technology-64584001) of the U.K.'s latest 'online child safety' law that bans end to end encryption Bitcoin Education Want to understand cyptography better? Try gandlaf's beginner focued (https://gandlaf.substack.com/p/elliptic-curve-cryptography-for-noobs?sort=new) guide Bitcoin Optech #239 covers OP_VAULT (https://bitcoinops.org/en/newsletters/2023/02/22/) and Lightning Channel qality of service flags Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/) Thank you Boosters If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us! Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/) Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889) Boost right from the page! Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boosts Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)+ Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)