created a clip
May 4 2023
Exit Liquidity
Pre-Show
Millions of dollars lost while moving through an airport (https://www.reuters.com/world/americas/canadian-police-investigating-c20-million-gold-heist-toronto-airport-2023-04-20/) contrasts with over $10 million in BTC (https://www.reddit.com/r/CryptoCurrency/comments/12y32xa/over_10_million_in_btc_was_sent_in_1_transaction/) was sent in 1 transaction this morning, and it cost the sender $5
News
Better update LND lightning nodes (https://stacker.news/items/170942) as it looks like a critical vulernability was discovered
The release lnd v0.16.1-beta (https://github.com/lightningnetwork/lnd/releases/tag/v0.16.1-beta) notes
Altcoins
Crypto did not cause Signature, Silvergate and SVB collapses, and FTX exposure was minimal per a U.S. Congressional report (https://www.kitco.com/news/2023-04-27/Crypto-did-not-cause-Signature-Silvergate-and-SVB-collapses-and-FTX-exposure-was-minimal-Congressional-report.html)
The report (https://crsreports.congress.gov/product/pdf/IN/IN12148) istelf
Economics and Banking
The U.S.A.'s banking crisis is not over (https://wolfstreet.com/2023/04/24/first-republic-discloses-its-a-zombie/) as First Republic limps on
A former FDIC official observes that the FDIC is broke (https://podverse.fm/episode/wYVEpVzaC) after nationalizing Sillicon Valley Bank (SVB), Signature Bank, and Silvergate Bank
Arthur's baaaack and on fire with his latest blogpost (https://blog.bitmex.com/exit-liquidity/) on what a dollarized world is from a trade perspective and what comes next (gold then bitcoin?)
China's gold reserves (https://www.gold.org/goldhub/gold-focus/2023/02/chinas-gold-market-january-gold-reserves-continued-rise#:~:text=Gold%20reserves%20rose%20further&text=By%20the%20end%20of%20January%2C%20China%27s%20gold%20reserves%20reached%202%2C025,of%20China%27s%20total%20official%20reserves) continue to rise, perhaps as an alternative escape hatch for trade surpluses
Lyn Alden is also back discussing the US debt ceiling (https://www.lynalden.com/april-2023-newsletter/) and how it will interact with relativly illiquid financial markets
Bitcoin Education
How does a smaller bicoin node (https://dci.mit.edu/utreexo) that uses more bandwidth sound? Meet utreexo (https://bitcoinops.org/en/topics/utreexo/)
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/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), details here (https://www.jupiterbroadcasting.com/community/matrix/)
Thank you Boosters
If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us!
Send a Boost via the Podcast Index web page. No Podcast app upgrade required.
Install Alby (https://getalby.com/)
Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889)
Boost right from the page!
Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com
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) + Alby (https://getalby.com/) for boosts
Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)
Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
Millions of dollars lost while moving through an airport (https://www.reuters.com/world/americas/canadian-police-investigating-c20-million-gold-heist-toronto-airport-2023-04-20/) contrasts with over $10 million in BTC (https://www.reddit.com/r/CryptoCurrency/comments/12y32xa/over_10_million_in_btc_was_sent_in_1_transaction/) was sent in 1 transaction this morning, and it cost the sender $5
News
Better update LND lightning nodes (https://stacker.news/items/170942) as it looks like a critical vulernability was discovered
The release lnd v0.16.1-beta (https://github.com/lightningnetwork/lnd/releases/tag/v0.16.1-beta) notes
Altcoins
Crypto did not cause Signature, Silvergate and SVB collapses, and FTX exposure was minimal per a U.S. Congressional report (https://www.kitco.com/news/2023-04-27/Crypto-did-not-cause-Signature-Silvergate-and-SVB-collapses-and-FTX-exposure-was-minimal-Congressional-report.html)
The report (https://crsreports.congress.gov/product/pdf/IN/IN12148) istelf
Economics and Banking
The U.S.A.'s banking crisis is not over (https://wolfstreet.com/2023/04/24/first-republic-discloses-its-a-zombie/) as First Republic limps on
A former FDIC official observes that the FDIC is broke (https://podverse.fm/episode/wYVEpVzaC) after nationalizing Sillicon Valley Bank (SVB), Signature Bank, and Silvergate Bank
Arthur's baaaack and on fire with his latest blogpost (https://blog.bitmex.com/exit-liquidity/) on what a dollarized world is from a trade perspective and what comes next (gold then bitcoin?)
China's gold reserves (https://www.gold.org/goldhub/gold-focus/2023/02/chinas-gold-market-january-gold-reserves-continued-rise#:~:text=Gold%20reserves%20rose%20further&text=By%20the%20end%20of%20January%2C%20China%27s%20gold%20reserves%20reached%202%2C025,of%20China%27s%20total%20official%20reserves) continue to rise, perhaps as an alternative escape hatch for trade surpluses
Lyn Alden is also back discussing the US debt ceiling (https://www.lynalden.com/april-2023-newsletter/) and how it will interact with relativly illiquid financial markets
Bitcoin Education
How does a smaller bicoin node (https://dci.mit.edu/utreexo) that uses more bandwidth sound? Meet utreexo (https://bitcoinops.org/en/topics/utreexo/)
Feedback
Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod (https://mobile.twitter.com/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), details here (https://www.jupiterbroadcasting.com/community/matrix/)
Thank you Boosters
If you get some value from this show, please consider sending a boost. Hearing from you means a lot to us!
Send a Boost via the Podcast Index web page. No Podcast app upgrade required.
Install Alby (https://getalby.com/)
Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889)
Boost right from the page!
Send a re-ocurring or one-off lightning boost to the show with no message at bdadpod@getalby.com or directly to Chris at chrislas@getalby.com
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) + Alby (https://getalby.com/) for boosts
Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)
Sponsors and Acknowledgements
Music by Lesfm from Pixabay
Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
Activity