Fountain
Episode 50: Effective Scam-Truism
Bitcoin Dad Pod

Episode 50: Effective Scam-Truism

Nov 13 2022 • 1hr 25m

Show Notes

News
FTX is insolvent (https://www.nobsbitcoin.com/binance-announces-to-buy-ftx/) and Binance has declined to buy (https://twitter.com/binance/status/1590449161069268992)
Lyn Alden thinks its a clownshow (https://twitter.com/LynAldenContact/status/1590063257158811648)
Apparently Tether escaped unscathed (https://twitter.com/paoloardoino/status/1590170667646795776)
Novograts' Galaxy Digital Reveals $76.8M Exposure Linked to FTX (https://www.coindesk.com/business/2022/11/09/crypto-finance-firm-galaxy-digital-reveals-768m-exposure-linked-to-ftx/)
SBF was pumping worthless FTT (https://twitter.com/WClementeIII/status/1590355852426612736) on twitter the whole time
How it went down (https://twitter.com/jonwu_/status/1590099676744646656)
Google gives Solana its kiss of death (https://decrypt.co/113632/google-cloud-just-became-a-solana-validator)
The greatest bitcoin 'hacker' in history gets his coins siezed (https://nitter.net/FractalEncrypt/status/1590004548864978944), but was he really a hacker?
Read the whole glorious, sad, terrifying saga on archive.ph (https://archive.ph/99FPN)
Bitcoin is dead (https://medium.com/crypto-24-7/bitcoin-is-finished-863e5370150), throw in the towel
Economics
Global central bankers didn't get the message: 'don't fight the FED (https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/global-central-bankers-find-little-success-fighting-us-dollar-s-record-strength-72905099)
Tokenomics
School yourself on crypto-ponzinomic fundamentals with Lyn Alden's piece Digital Alchemy (https://www.lynalden.com/digital-alchemy/)
Arthur has some choice quotes (https://blog.bitmex.com/speechless/) from Alameda Research's pill popping CEO from 2 years ago
Bitcoin Education
We're doing self custody again and its all about sparrow wallet (https://sparrowwallet.com/download/) for the desktop
Check out darth coin's lightning wallet guide (https://darthcoin.substack.com/p/lightning-wallets-comparison)
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter
Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started)
Value for Value
Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)
Recomended Podcasting2.0 apps:
Fountain (https://www.fountain.fm/) podcast app (Android)
Podverse (https://podverse.fm/) (Cross platform and self hostable)
Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)+ Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)
Sponsors and Acknowledgements
The Adopting Bitcoin Conference (https://adoptingbitcoin.org/2022/) Novem ber 15, 16 & 17, 2022 in El Salvador, use promo code BITCOINDAD for a 21% di scount
Music by Lesfm from Pixabay
Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
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Activity

@petar
7,777 sats
Nov 14 2022
Epic take down of this clown shoe! Let's only hope he rots behinds bars for good long while.
@smartgrowth
5,000 sats
Nov 21 2022
spot on with pricing and space in your freezer. I'm tossing everything I have into BTC. inflation has processing costs up almost 9 cents each week the past 2 months. Thanks for supporting your local farmers!
@marcel
2,121 sats
Nov 17 2022
Thanks for the show! When verifying software, aren't you still trusting that the signature on the website is correct? I'm not saying not to bother but. Also, it's your show and you can read or not read any boost you want. Personally, I would vote that you don't entertain the Molyneux boosts. It's not what the show is about.
@trugrytz
1,701 sats
Nov 19 2022
thanks for the show, as always!
@paraparasol
222 sats
Nov 19 2022
I was unsure about sending in a nitpicky correction, but it's under the sat limit so you can decide if it's worth mentioning on the show. Hong Kong doesn't have the death penalty and actually has, more or less depending on who you ask, a separate legal system from Mainland China (this is because Hong Kong is a Special Administrative Region of China). Anyone convicted of possessing drugs in Hong Kong is (only) liable to a fine and imprisonment (source: Cap.134 Dangerous Drugs Ordinance)
@megavalanche
100 sats
Nov 14 2022
Thanks for the information, very well presented.