Episode 19: The birds and the CBDCs

Episode 19: The birds and the CBDCs

Bitcoin Dad Pod

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/)

Activity

Switch to the Fountain App