Episode 16: Bitcoin Global and Australian News - Elon Musk's Twitter Takeover, Sri Lanka Debt Default, African Republic Bitcoin Adoption, Inflation Updates, and Australian Regulations & BTC ETFs
Guest: https://twitter.com/btc_shepherd of https://thebitcoinshepherd.com
Host: https://twitter.com/mission_bitcoin
Sponsor: HardBlock https://www.hardblock.com.au
Notes
GLOBAL
The Central African Republic becomes first country in Africa to adopt Bitcoin as a payment currency?
https://forbes.mc/article/first-african-country-adopt-bitcoin-legal-currency-central-african-republic
Elon Musk's take-over of Twitter
https://www.cnet.com/tech/musk-is-twitters-singular-solution-says-co-founder-jack-dorsey/
Sri Lanka defaults on $51 billion external debt
https://www.firstpost.com/world/sri-lanka-defaults-on-its-51-billion-external-debt-calls-it-last-resort-as-country-runs-out-of-foreign-exchange-10546651.html
IMF offers Argentina a loan with stipulations restricting cryptocurrency adoption
US CPI hits 8.5% in March 2022, the highest in 40 years
Germany's producer inflation jumps to 30.9% in March, the highest since 1949
https://tradingeconomics.com/united-states/inflation-cpi
Janet Yellen (US Treasury Secretary) gives 30 minute speech about bitcoin and CBDCs
https://www.youtube.com/watch?v=VPQiPFqFwOU
American push-back on the Federal Reserve and CBDCs
https://www.youtube.com/watch?v=2fElE9EpMfg
Senator Bragg's comments on an Australian Sovereign Digital Currency
US bank Morgan Stanley report the bitcoin Lightning Network is superior in terms of transaction speed and cost when compared to payment giants like Visa
https://watcher.guru/news/morgan-stanley-says-bitcoin-lightning-network-is-superior-to-visa
UniSwap class action lawsuit for promoting scamcoins and not making proper disclosures
Robinhood CEO & Doge devs looking to make doge the currency of the people and internet with a blocksize of 1GB and rate of 1-10 minutes
New scientific analysis of Roman coins uncovers evidence financial crisis was worse than expected
https://phys.org/news/2022-04-analysis-roman-coins-uncovers-evidence.html
AUSTRALIA
Australian Financial Watchdog unveils cryptocurrency regulatory road-map
https://cointelegraph.com/news/australian-prudential-regulator-releases-roadmap-for-cryptocurrency-policy
AUSTRAC releases 2 new guides to help spot illicit cryptocurrency use
https://cointelegraph.com/news/austrac-releases-2-new-guides-to-help-spot-illicit-crypto-use
Government overreach, including Ukraine banning purchases of bitcoin in their local currency
Sen Bragg's comments on cryptocurrency in superannuation funds
Australia's #Bitcoin spot ETF gets the green light
https://bitcoinmagazine.com/markets/australias-first-bitcoin-etf-to-list-next-week-report
Life is getting more expensive, but you can still save for a home deposit with traditional methods
https://www.smh.com.au/money/saving/life-is-getting-more-expensive-but-you-can-still-save-for-a-home-deposit-20220330-p5a9f4.html
‘Impulsive psychopaths like crypto’: Why some take risks on bitcoin
https://www.smh.com.au/business/banking-and-finance/impulsive-psychopaths-like-crypto-why-some-take-risks-on-bitcoin-20220412-p5acv4.html
Alex Saunders from Nugget's News returns with an NFT collection
TECHNOLOGY
New Bitcoin Seed Calculator Tool (better than Ian Coleman’s BIP39 Utility?!)
https://bitcoiner.guide/seed
Lighting Network grew by 750% in one year
https://compassmining.io/education/lighting-network-grew-by-750-in-one-year-report
Lightning channels all time high capacity
https://twitter.com/Dennis_Porter_/status/1515833742522167298?s=20&t=PNyU_k5l_0T1x-eUSvnhpA
Taro protocol for tokens on Lightning Network
TSMC raises $3.5 bln for new chip foundry in Arizona
https://www.reuters.com/technology/taiwans-tsmc-raises-35-bln-bonds-new-us-plant-2022-04-20