Fountain
Episode 7: FUD vs Education
Bitcoin Dad Pod

Episode 7: FUD vs Education

Apr 3 2022 • 1hr 2m
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Show Notes

News
Latest Attacks on Bitcoin
Energy FUD
Proof of stake proponents attack Bitcoin's energy usage (https://www.theverge.com/2022/3/29/22999715/climate-change-bitcoin-drop-energy-hungry-software-code-proof-of-work) to justify the existence of their own centralized, self-serving projects
Research on bitcoin's energy impact (https://uploads-ssl.webflow.com/61d2416d1d63f07ecbfd010c/61e73cb0ac05f32ed010668a_Key%20Facts%20on%20Bitcoin%20%26%20the%20Environment-03%20(1)%20(1)%20(1)%20(1).pdf) suggests the energy concerns are not credible
Claims that bicoin wastes energy (https://uploads-ssl.webflow.com/61d2416d1d63f07ecbfd010c/61e06fd0387be5288a07d9d6_Climate%20Organizaions%20Crypto%20Letter-01-13-01.pdf) are easily dismissed with data
#### Attack on Self-Custody
EU seems to be planning to ban crypto self-custody (https://www.europarl.europa.eu/doceo/document/CJ12-PR-704888_EN.pdf)
It's so bad even Brian Armstrong of Coinbase doesn't like it (https://cointelegraph.com/news/crypto-industry-pushes-back-after-eu-vote-to-block-unhosted-wallets)
5a. In the case of a transfer of crypto-
assets to an unhosted wallet, the crypto-
asset service provider of the originator or
other obliged entity shall obtain and
retain the information referred to in
paragraphs 1 and 2 from its customer,
where available, and make such
information available to competent
authorities upon request
Confusingly
Democrats propose bill to create private ecash (https://www.theregister.com/2022/03/28/us_digital_dollar/) instead of a CBD
And it's Rohan Grey again
Bitcoin Education
Take Gary Genslers MIT blockchain class (https://ocw.mit.edu/courses/15-s12-blockchain-and-money-fall-2018/resources/session-24-conclusion/) and become an expert
Interesting to learn what the head of the SEC thinks about BTC
Very bullish on permissioned blockchains - wrong on that
The bitcoin whitepaper (https://bitcoin.org/bitcoin.pdf) is a surprisingly accessible read. Check it out!
the bitcoin dad on how to dismiss 99% of altcoins without remorse
Understand the BTC vs ETH blockchain size (https://blog.bitmex.com/bitcoin-vs-ethereum-blockchain-size/) as a mental shortcut to understanding most altcoins (and why they don't work)
Even Vitalik thinks ETH doesn't really work (https://vitalik.ca/general/2022/03/29/road.html)
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter
Jupiter Extras: March Boost Battle (https://extras.show/84)
Corrections
None today!
Outro
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/)
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Activity

@kryptokyle
500 sats
Apr 11 2022
Yeah.... telling my Japanese wife that "fukushima was a win".... that is not going to go over well, rofl
@kryptokyle
500 sats
Apr 11 2022
I am sure he takes two thumbs and points to himself, saying "I'm the Musk".
@jupiterb
200 sats
Apr 5 2022
I'm really liking the podcast. Do you know if there are other platforms like fountain.fm to support other types of media via the Lightning network
@scottwolfe
200 sats
Jul 11 2022
Fantastic episode! I’ll be sharing it with a lot of folks, in its entirety. Keep up the great work. one of my favourite podcasts in the Bitcoin and macro realm.
@thefirstofthe300
100 sats
Jun 28 2022
Here's a not pity "Hey, Chris!"
@coryelyykebycyndryke
25 sats
Sep 22 2022
@natuna
3 sats
Sep 15 2022