News
Economics
Circle doesn't want (https://www.coindesk.com/policy/2022/05/25/circle-asks-us-fed-not-to-step-on-its-toes-by-launching-a-digital-dollar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) CBDC competition
The American Banking Association recognizes that a CBDC would kill the current banking system (https://www.aba.com/advocacy/policy-analysis/aba-comments-on-fed-discussion-paper-money-and-payments)
Savings rates fall in the USA (https://fred.stlouisfed.org/series/PSAVERT) amid increasing economic uncertainty
Russia is already thinking about cryptocurrency (https://www.reuters.com/article/idUSL5N2XJ35C) for international transfers
CryptoVoices global monetary base (https://nitter.net/crypto_voices/status/1527572272613142528) report is out!
Tokenomics
High speed blockchains economically centralize (https://bitcoin.stackexchange.com/questions/113505/how-would-faster-blocks-cause-mining-centralization) according to Murch
Energy
US Power grid may fail (https://www.vice.com/en/article/dypnja/majority-of-us-power-grid-at-risk-of-failure-this-summer-report-warns) this summer
California Warning Alarms since 2018 about hydro (https://link.springer.com/article/10.1007/s10584-018-2329-5)
58% of the state's natural gas units have been retired since 2015, amounting to 6,500 megawatts of generating capacity.
California and the West face likely power outages this summer (https://www.axios.com/2022/05/27/california-west-drought-electricity-grid-outages)
NERC sounds alarm on solar tripping in 'sobering' summer reliability report (https://www.utilitydive.com/news/nerc-summer-reliability-report-west-miso-ercot/624043/)
California Water Usage in Crops, and the Water Value of Almonds (https://sites.uci.edu/energyobserver/2015/04/21/california-water-usage-in-crops-and-the-water-value-of-almonds/)
Privacy
German officials agitating to ban telegram (https://www.reuters.com/world/europe/politician-says-germany-should-ban-telegram-unless-it-tackles-extremist-content-2021-12-14/)
Guide to P2P bitcoin (https://thebitcoinmanual.com/buying-btc/dex/) exchanges
Bitcoin Education
Bitcoin Optech focuses on package relay (https://bitcoinops.org/en/newsletters/2022/05/25/) ... which might be the perfect BIP
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter
Boosts
Wallets Recovery (https://walletsrecovery.org/) for help recovering wallets from seed phrase
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/)
Top comments
The Bitcoin Dad is here to explain the context around the monetary revolution that is Bitcoin. The technological, social, and financial complexities of Bitcoin are hard to understand and your Bitcoin Dad will give you a foundation to make up your own mind. He'll cover news, history, and a lot of practical projects that you can do yourself to get started with Bitcoin!