Episode 63: Non-Consensual Financial Choking

Episode 63: Non-Consensual Financial Choking

Bitcoin Dad Pod

Intro
Pretyflaco's fundraiser for Turkish earthquake relief (https://geyser.fund/project/earthquakereliefturkey)
News
The UK believes that 'Britcoin' (https://www.theguardian.com/business/2023/feb/06/britcoin-digital-currency-could-be-in-use-by-end-of-decade),a government digital curency, will be deployed this decade
Localbitcoins, a decentralized-ish peer to peer bitcoin exchange, is shuting down operations (https://localbitcoins.com/service_closure/)
Localbitcoins was mentioned in the bitzlato documents (https://www.forbes.com/sites/digital-assets/2023/02/09/localbitcoins-matching-exchange-cited-by-us-in-bizlato-case-to-close-after-10-years-of-operation)
Might be due to general pressure on many bitcoin businesses
Binance, the offshore crypto exchange controled by CZ, is cut off from the USD banking system (https://web3isgoinggreat.com/?id=binance-suspends-usd-bank-transfers)
This is a deathblow if they don't solve it quickly
Is this a coordinated effort to push bitcoin/crypto businesses (https://www.piratewires.com/p/crypto-choke-point) out of the banking system?
Economics
Monetary Policy, specifically quantitative tightening, doesn't take money out of the righ places (https://fedguy.com/come-hell-or-high-water/) in the economy
Privacy
Telegram, the Russian billionare owned chat app, seems to be sharing user messages to the Kremlin (https://www.wired.com/story/the-kremlin-has-entered-the-chat/)
Bitcoin Education
The Coldcard Q1 hardware wallet was announced and looks like a blackberry (https://twitter.com/COLDCARDwallet/status/1623698350481760259), so lets talk hardware wallets
Bitcoin Optech #237 covers 'storing data on the blockchain' (https://bitcoinops.org/en/newsletters/2023/02/08/), yes its about Ordinals
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitter
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Boosts
From: anonymous
10,000 sats
Thoughts on stratum V2 and its relative progress towards becoming the standard for pools? The Luxor incident seems to have highlighted the need for this.
Stratum V2 (https://stratumprotocol.org/)
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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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