Episode 90: XRP Army Strikes Back

Bitcoin Dad Pod

Pre-Show

• Celcius CEO Alex Mashinsky was arrested for fraud, finally.

News

Economics

• Lyn Alden's latest market update builds on her article charting the relationship between interest rates and inflation. Since conventional central bank focused economics is posited on interest rates influencing inflation, it's a precient topic.
  • Lyn points to the International Monetary Fund's, a multinational financial organization, paper on using inflation and financial repression to solve goverment debt crisis

Altcoins

• Ripple has won a victory over the SEC as a US judge rules that selling XRP tokens to VCs is illegal but fine when dumping on retail
  • The ruling is unlikely to hold and this case might be more about what happens to Etherium

• The real question is how Bitcoin is interpreted via the Howey Test (PDF WARNING)

• Proof of Stake on ETH has resulted in increased demand for liquid staking tokens, centralizing staking and network consensus, also average holdings are ~$100k so this is a big fish game, plebs need not apply

Bitcoin Education

• Bitcoin Optech covers lightning protocol cleanup and more transaction relay discussion

  Feedback

• Remember to get in touch [e-mail] or @bitcoindadpod on twitter

• Consider joining the matrix channel using a matrix client like element, details here

Boosts

Baller Boosts

From: @clarkian

• 58,008 sats
• Episode 89: Not at all about Bitcoin

Great episode, gentlemen. Great discussion on mis/disinformation. Has been my thoughts on the issue for a while. I read this good article on KYC/AML and thought you might want to review. I worked at banks for a while and always had to take yearly training on it. Hate it. https://disruptives-horizons.com/p/kyc-aml-destroying-world

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