Fountain
Episode 19: The birds and the CBDCs
Bitcoin Dad Pod

Episode 19: The birds and the CBDCs

May 29 2022 β€’ 1hr 40m

Show Notes

News
Economics
Circle doesn't want (https://www.coindesk.com/policy/2022/05/25/circle-asks-us-fed-not-to-step-on-its-toes-by-launching-a-digital-dollar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines) CBDC competition
The American Banking Association recognizes that a CBDC would kill the current banking system (https://www.aba.com/advocacy/policy-analysis/aba-comments-on-fed-discussion-paper-money-and-payments)
Savings rates fall in the USA (https://fred.stlouisfed.org/series/PSAVERT) amid increasing economic uncertainty
Russia is already thinking about cryptocurrency (https://www.reuters.com/article/idUSL5N2XJ35C) for international transfers
CryptoVoices global monetary base (https://nitter.net/crypto_voices/status/1527572272613142528) report is out!
Tokenomics
High speed blockchains economically centralize (https://bitcoin.stackexchange.com/questions/113505/how-would-faster-blocks-cause-mining-centralization) according to Murch
Energy
US Power grid may fail (https://www.vice.com/en/article/dypnja/majority-of-us-power-grid-at-risk-of-failure-this-summer-report-warns) this summer
California Warning Alarms since 2018 about hydro (https://link.springer.com/article/10.1007/s10584-018-2329-5)
58% of the state's natural gas units have been retired since 2015, amounting to 6,500 megawatts of generating capacity.
California and the West face likely power outages this summer (https://www.axios.com/2022/05/27/california-west-drought-electricity-grid-outages)
NERC sounds alarm on solar tripping in 'sobering' summer reliability report (https://www.utilitydive.com/news/nerc-summer-reliability-report-west-miso-ercot/624043/)
California Water Usage in Crops, and the Water Value of Almonds (https://sites.uci.edu/energyobserver/2015/04/21/california-water-usage-in-crops-and-the-water-value-of-almonds/)
Privacy
German officials agitating to ban telegram (https://www.reuters.com/world/europe/politician-says-germany-should-ban-telegram-unless-it-tackles-extremist-content-2021-12-14/)
Guide to P2P bitcoin (https://thebitcoinmanual.com/buying-btc/dex/) exchanges
Bitcoin Education
Bitcoin Optech focuses on package relay (https://bitcoinops.org/en/newsletters/2022/05/25/) ... which might be the perfect BIP
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter
Boosts
Wallets Recovery (https://walletsrecovery.org/) for help recovering wallets from seed phrase
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/)
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Activity

@bitcoinlizard
5,000 sats
Jun 2 2022
I should have listened to the latest episode before boosting! You explained Bip39 perfectly in episode 19. In a second attempt to drop some knowledge I'll direct you to output descriptors. Output descriptors are an attempt to solve the Bip39 issue of missing derivation information in wallet backups. Output descriptors are most prominently implemented in the popular Muun Wallet although a number of other wallets support them: outputdescriptors.org. I love the show, keep up the good work!
@dielan
3,500 sats
May 31 2022
Forget about Telegram, get an XMPP server and use OMEMO. There's modern XMPP apps out there like Dino on desktop and Conversations on Android. Works great my family uses it everyday!
@marcel
1,010 sats
Jun 1 2022
I've listened to every episode and I still can't figure out why y'all are talking about Italian cars all the time.
@kryptokyle
500 sats
May 29 2022
Love the table of contents in the intro! Great to get a tldr of whats in the episode
@captain_stacks
250 sats
Jul 20 2022
πŸ’ŽπŸ’ŽπŸ’Ž
@jonesfamily
100 sats
Apr 28 2023
the earlier you started with Bitcoin the more regrets you have makes sense with all that has happened… Goal is to stack sats hard but also spend occasionally so the adaptation takes effect simply holding and not spending is great but not for the growth of adaptation or hyperbitcoinization!!!!
@bitcoindadpod
22 sats
May 30 2022
hey from jon
@cpt_wiggles
13 sats
Jul 5 2022
boost
But but TPS!!! πŸ€ͺ😜πŸ€ͺ😜πŸ€ͺ😜πŸ€ͺ😜😜
@coryelyykebycyndryke
5 sats
Sep 15 2022
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@coryelyykebycyndryke
5 sats
Sep 15 2022
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@coryelyykebycyndryke
5 sats
Sep 15 2022
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