Economics Why are all financial markets down? Tokenomics How to make $800 million (https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r) breaking LUNA Surprise, 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 projects Other 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 panic Arthur'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/) Energy Norwegian 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 Education See Episode 16: Stablecoin Alchemy (https://bitcoindadpod.fireside.fm/16) Corrections We 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. Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Boosts Mentioned CoinOS (https://github.com/coinos/coinos-server) as a potential solution to hosting wallets for the family Tourquoise Fox mentioned bitcoin optech (https://bitcoinops.org/en/newsletters/) to keep track of bitcoin development 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/)