News Anti-bitcoin personality promotes anti-crypto lobbying letter (https://twitter.com/smdiehl/status/1531920908696358912): “The computational power is equivalent to what you could do in a centralised way with a $100 computer,” said de Icaza. “We’re essentially wasting millions of dollars’ worth of equipment because we’ve decided that we don’t trust the banking system.” Turns out he works for a private blockchain (https://twitter.com/dystopiabreaker/status/1470126927818067969) company that ripped off its name (https://web.archive.org/web/20180213200210/https://www.adjoint.io/) from the best hacking game of the 2000s (https://store.steampowered.com/app/1510/Uplink/) That said, most crypto lobbying is for altcoins Why many successful people dismiss bitcoin (https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin) Ubuntu-Mate is still taking bitcoin donations (https://ubuntu-mate.org/funding/) New York State prepares legislation to ban bitcoin mining (https://archive.ph/zuF4E) and it sort of matters Economics Arthur's latest article (https://blog.bitmex.com/shut-it-down/) ties together inflation, FED policy, and market's appetite for risk assets The In Gold We Trust Report (https://ingoldwetrust.report/igwt/?lang=en) SEC goes after NFT insider trading (https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine?cmpid=BBD060222_MONEYSTUFF&utm_medium=email&utm_source=newsletter&utm_term=220602&utm_campaign=moneystuff) Tokenomics The Hex Spam King (https://bitcoinnews.com/richard-heart-spam-king/) is offering 40% APY on your investments 1.3M Etherium transactions failed in May (https://cryptopotato.com/over-1-2-million-ethereum-transactions-failed-in-may/) and this is expensive (https://blockchair.com/ethereum/transactions?s=fee(desc)&q=failed(true),time(2022-05-01..2022-05-31)#f=failed,gas_used,block_id,fee,fee_usd,gas_price,time,internal_value) Weird video of a video of Vinay Gupta claiming Etherium exists to monetize (https://twitter.com/NerdNationUnbox/status/1478826236432560134?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1480303037973364736%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fbitcoinnews.com%2Fwhen-it-comes-to-crushing-shitcoiners-cory-klippsten-is-king%2F) the presale whale's holdings Vinay has an odd "physical blockchain" product called matterum (https://mattereum.com/) Privacy Seth's list of bitcoin privacy improvement technologies (https://sethforprivacy.com/posts/proposed-bitcoin-privacy-improvements/) Ledger no longer supports (https://support.ledger.com/hc/en-us/articles/360017551659?docs=true) running your own bitcoin node Bitcoin Education This week's bitcoin optech (https://bitcoinops.org/en/newsletters/2022/06/01/) Thinking about the progressive case for bitcoin (https://theprogressivecaseforbitcoin.medium.com/bitcoin-the-network-is-neutral-its-network-effect-must-not-be-39804881a272) Block [report](https://www.theblockcrypto.com/post/127723/the-block-research-2021-digital-asset-outlook-report on global bitcoin adoption Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Consider joining the Jupiter Broadcasting Bitcoin Room (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) for general discussion or the questions room (https://matrix.to/#/#bitcoin-questions:jupiterbroadcasting.com) if you have pressing questions that need answering 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/)