Episode 101: Trustee Me

Bitcoin Dad Pod

Pre-Show

• Optimism foundation is dumping tokens, they are the technological provider of Coinbase's 'base' protocol

News

• Amboss.space has a new lightning node liquidity provisioning system. Must trade sats for 'ambucks'

• The Mt Gox, an early crypto exchange that failed spectacularly, trustee Nobuaki Kobayashi hs delayed repayments another year PDF

  • The Gox story is an early bitcoin parable on the danger and general incopetence of custodians in what became the bitcoin space
  • The former exchange website lists official bankruptcy documents and won't redirect from http to https
  • The bankruptcy proceedings have revealed the inaddequacy of the Japanese bankruptcy system
  • The one individual charged relating to the Mt. Gox hack Alexander Vinnik was extradited to the US in 2022

Economics

• The US Fed remains hawkish in its latest press conference holding at a 5.50% interest rate but the US Treasury yield curve predicts rates falling, so the FED is likely wrong again (Eurodollar futures are also falling)
• Capital outflows from China are increasing, not a good sign

Privacy

• The COBRA bitcoin case demonstrates how pseudonomity can be attacked through legal shennanigans

• The Privacy Dad has some interesting thoughts on privacy in schools as a place to fight the privacy war

Bitcoin Education

• Inscriptions are not going away and they have changed the bitcoin fee market (perhaps forever?)
• A python script can sort of predict the USD price of bitcoin using your nodes sats data and a template that predicts USD price relationships accross satoshis

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

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Sponsors and Acknowledgements

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