Rabbit Hole Recap #236: Bitcoin Mining Saves Animals

Jan 19 2023 • 1hr 55m

Show Notes

This week Marty and Matt discuss:

- 196 Members of Congress Took FTX Money https://www.coindesk.com/policy/2023/01/17/congress-ftx-problem-1-in-3-members-got-cash-from-crypto-exchanges-bosses/
- Congo National Park Relies on Hydro Powered Bitcoin Mine https://www.technologyreview.com/2023/01/13/1066820/cryptocurrency-bitcoin-mining-congo-virunga-national-park/
- BIP 329 Merged: Standard for Wallet Label Exports and Imports Between Wallets https://github.com/bitcoin/bips/blob/master/bip-0329.mediawiki
- Blixt Wallet v0.6.2 https://github.com/hsjoberg/blixt-wallet/releases/tag/v0.6.2
- Understanding The COLDCARD Mk4 Security Model and Secure Element Use https://blog.coinkite.com/understanding-mk4-security-model/
- US Law Enforcement Agencies Surveil Over 150M Financial Transactions of Americans Without a Warrant https://www.wsj.com/articles/little-known-surveillance-program-captures-money-transfers-between-u-s-and-more-than-20-countries-11674019904
- Lightning Summit at Bitcoin Park https://www.meetup.com/bitcoinpark/events/291052525/

5:55 - Safari Matt
11:18 - Mining Summit recap
35:34 - FAA theories
39:42 - Dashboard
42:25 - Lightning Summit and Bitcoin Takeover
44:40 - FTX money went to 1/3 of Congress
46:26 - GTX
52:59 - Congo hydroelectric mining
59:19 - Breaking Cashapp LN news
1:02:08 - Bitzlato
1:07:21 - Marty leaks security details
1:08:10 - BIP 329
1:14:40 - Shoutouts and Boostagrams
1:20:58 - Blixt 0.6.2
1:22:06 - Understanding Coldcard security
1:29:49 - US financial surveillance
1:35:29 - Mandibles Section: Bank of Japan rushes in
1:38:56 - We're already in a recession
1:47:22 - Tech layoffs
1:51:21 - Saudi fading petrodollar

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Activity

@btcrealist

150,000 sats

Jan 20 2023

You helped reform me a couple years ago from being a shot-coiner. I have gone deep and run a bunch of ASICs. Thank you both. Dennis in CA. Mandibles was incredible, Matt. Marty, just do the Audible book.

@bon

Jan 20 2023

Epic boost 👏

@awayslice

123,456 sats

Jan 27 2023

Nyc Bitcoiners are getting the band back together! On Feb 17th we will be drinking at pubkey from 430pm on. After that we will be there the second friday of every month. Full Disclosure: I luv u guys. (sent from nyc bitdevs.)

@borsengelaber

Jan 27 2023

Great boost! 💪🏻

@hgw39

100,000 sats

Jan 26 2023

greetings Matt & Marty from New Zealand. thanks for the solid signal every week, it reaches us loud and clear down here in NZ. Shout Out: a free Bitcoin intro evening at The World Bar in Queenstown at 6pm on Jan 28. See details at @AcceptBitcoinNZ on Twitter. Muchas Gracias.

@user6813283167520296

Jan 26 2023

Bitcoin mining does not directly save animals. Bitcoin mining is the process of using computer power to solve complex mathematical problems in order to validate transactions on the Bitcoin network and earn rewards in the form of newly minted bitcoins. This process requires a significant amount of energy and has been criticized for its environmental impact. Some companies and individuals are exploring ways to use renewable energy sources to power their mining operations,

@mrmr

Jan 27 2023

1/ 'clever' way of not boosting the show. 2/ btc mining is effectively impossible using computers. we use ASIC rigs now. 3/ mining rigs do not solve complex math problems. the algo is actually really simple. you just need lotsa power to keep doing them fast. 4/ some people criticize human reproducing and eating beef. so what? 5/ more like 'exploring ways to get subsidised'. i only source 4-6% from my solar. its so lame. and made by slaves (wiegers) + made by coal power. ESG is fiat bullshit.

@user576592768876006

Jan 26 2023

awesome.

@bitcoinears

90,000 sats

Jan 21 2023

Sending my appreciation from Gilbert, AZ. You have provided years of listening entertainment and knowledge. Keep grinding and stay humble. @btcgolfer25

@natgasimmersion

80,085 sats

Jan 25 2023

sup freaks

@pwmarcinko

50,005 sats

Jan 26 2023

LLLLLLLLLLLLLLEEEEEEEEEEEEEEEEEERRRRRRRRRRRRRRRROOOOOOOOOOOOOOOOOOYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY JJJJJJJJJJJJEEEEEEEEEEEEEEEEEEEENNNNNNNNNNNNNNNNNNNKKKKKKKKKKKKKKKKKKKKKIIIIIIIIINNNNNNNNNNNNNNNNNNNNNNNSSSSSSSSSSSSSSSSSSSSS! I remember that one... If only back then I had been paying attention to important shit, maybe I wouldn’t have taken so long to find Bitcoin. Thanks for all y’all do each week and each day! ......Mandibles...

RootHodl

50,000 sats

Jan 21 2023 • Breez

what’s the best prebuilt node to buy for a friend?

@erik99

50,000 sats

Jan 20 2023

got a second job, the 50k boosts must go on!! stay humble, stack sats.

@bon

Jan 21 2023

Eric how did you keep boosting RHR 50k sats when the OT dried up? got a second job. fuckinglegend.jpg

@flightlesspleb

50,000 sats

Jan 20 2023

What did Odell do to Marty after the infamous FTX argument? Since then it’s been goodbye Marty Jones, hello Macro Marty. Do we even live in a free country?

@bon

Jan 20 2023

Marty Jones will return one day. 🙏

@martybent

Jan 21 2023

Marty Jones is in the lab.

RootHodl

50,000 sats

Jan 21 2023 • Breez

what’s the best prebuilt node to buy for a friend?

@sat_nakamoto

50,000 sats

Jan 21 2023

I often listen to RHR while out walking the dog but sometimes at home watching YouTube. I prefer streaming sats for my content VFV model is the way forward for creator's to create without censorship and filters. When I consume RHR via YouTube I feel bad that I'm not paying for this valuable content so here's a boost to top up. P.S is Odell going for the Bob's Burgers look?

@shane_canter

22,022 sats

Jan 23 2023

SHSS, opt for multisig, use sparrow, and never roll your own! Thanks for the content gents!

@dirty_jersey_whore

19,760 sats

Jan 20 2023

Have y'all ever heard of the book called "The Mandibles"😜... add these Sats to the "Hugs for Marty " fund. 🤗🤗🤗

@gnilma

11,111 sats

Jan 20 2023

Hey Matt, check out lightning.watch. It notifies you on Telegram when your node goes down. Easy to setup by opening a channel to its node and sending a few messages to the bot on Telegram. I’ve been using it for the past year and it works great! No more having your node down for a week and not knowing about it. Also, thank you guys for doing this every week. Stay humble and stack sats.

@roughneck_miner

10,000 sats

Jan 20 2023

first boost! LFG

@apemithrandir

7,777 sats

Jan 25 2023

Marty read a book for Christ's sake #TheMandibles

@marksea

7,069 sats

Jan 20 2023

Logan, stop watching porn