Bitcoin Dad Pod
Episode 26: Sidechains for Sandwiches v2
Jul 4 2022 • 1hr 25m
A fancy blog post (https://medium.com/@0xluminous/the-future-of-open-source-software-7c77592f8f24) affinity scamming with Open Source Software and bitcoin to promote a valueless project that has crashed to nothing (https://coinmarketcap.com/currencies/saito/)
Compass Mining CEO and CFO (https://www.coindesk.com/business/2022/06/28/compass-mining-ceo-and-cfo-resign-amid-setbacks-and-disappointments/) resign - hosted mining has always been a sh*tshow
Previously lost control of customer ASICs (https://news.bitcoin.com/report-compass-to-sell-30-million-in-crypto-mining-equipment-located-in-russia/) in Russia
Ruben Smonsen receives a grant (https://twitter.com/SomsenRuben/status/1542560845917462534?s=20&t=rubEinsCnq_GiznfIYOk1Q) to work on spacechains (https://bitcoinmagazine.com/technical/how-bitcoin-spacechains-work)
Gillebrand-Loomis Github Bill Feedback is both perceptive (https://github.com/responsible-financial-innovation-act22/RFIA-bill/issues/156) and ridiculous (https://github.com/responsible-financial-innovation-act22/RFIA-bill/issues/72)
Solana labs is making a web3 mobile phone (https://solana.com/news/saga-reveal): is this a bottom or top signal?
A doom filled twitter thread (https://twitter.com/mattcsnow/status/1542787785832206337) sums up generally negative macro conditions
Where 80% of Global Energy (https://twitter.com/JoanneNova/status/1537311144360038400) Comes From
3ac ordered to liquidate (https://web3isgoinggreat.com/?id=three-arrows-capital-ordered-to-liquidate) by a BVI judge
FTX rumored to be aquiring BlockFI for $25m (https://www.cnbc.com/2022/06/30/ftx-closes-in-on-a-deal-to-buy-embattled-crypto-lender-blockfi-for-25-million-in-a-fire-sale.html) but Zac Prince, BlockFI CEO denies this (https://twitter.com/BlockFiZac/status/1542582904110317568)
Ledger adds rehypothication (https://www.coindesk.com/business/2022/06/28/ledger-live-adds-yield-earning-capability-via-alkemi-earn/) via Alchemy Earn
European custodial crypto transfers (https://www.coindesk.com/policy/2022/06/29/eu-finalizes-crypto-money-laundering-rules/) will be completely surveilled, but self-custody carveout remains for now
Coinbase is a surveillance company helping ICE and other 3 letter agencies (https://theintercept.com/2022/06/29/crypto-coinbase-tracer-ice/) perform warrentless surveillance on all their customers
nokyc: A script that lists all current Bisq offers in the terminal (https://github.com/j4imefoo/nokyc)
The oracle problem as shown by the Chainlink 2.0 (https://ercwl.medium.com/whats-wrong-with-the-chainlink-2-0-whitepaper-for-simpletons-d50f27049464) white paper
Bitcoin Optech #206 (https://bitcoinops.org/en/newsletters/2022/06/29/) is mostly education links
The largest multisig quorums (https://bitcoin.stackexchange.com/questions/114048/what-is-the-largest-multisig-quorum-currently-possible) per address type
Bitcoin Core node block relay options (https://bitcoin.stackexchange.com/questions/114081/what-is-the-difference-between-blocksonly-and-block-relay-only-in-bitcoin-core)
Remember to get in touch email@example.com or @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)
Mischaracterizaiton of the FTX credit line/aquisition of BlockFI
Panic of 1907 callback
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 & Apple)
Podverse (https://podverse.fm/) (Cross platform and self hostable)
Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)
Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
I would live to come see you two sometime! I rarely make it to Seattle (I'm a Spokanite) but I occasionally make it out for a concert or something. I enjoy my Monero node/mining, and am looking forward to my 2.0 setup I'm planning right now. currently I run it on my main rig, so anytime I want to use it I have to turn off the mining. However 2.0 will be a dedicated node rig, that I'll always have running, with mining also set up on that. I love randomly checking on it throughout the day :)
After yesterday's Rogers outage here in Canada, very happy to be a self-hoster watching stuff on jellyfin from my LAN and to not rely on debit for my banking. That a single ISP could take down the debit network really reminded me of your show and your discussions about centralised banking.
Enjoy the show.
Thanks for the show! I would like to see more sources cited in the show notes and on air, especially for controversial topics like energy.
So when is bitcoindad going to guest host on self hosted or be a guest on unplugged? He runs/ran quite a lab!
Oh, also I love how the show notes look better now. Don't know if that was changes on your end, or Fountain's, but it looks good!
Love the show. One of my new “go to” resources for reliable info and analysis regarding Bitcoin and macro economic/social commentary.