Rabbit Hole Recap: Bitcoin Week of 2021.05.03

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8 • 764 Ratings

🗓️ 6 May 2021

⏱️ 89 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week Marty and Matt discuss:

bitcoin core v0.21.1

first taproot signalling period

new multisig guide from bitcoinqna

thailand in person kyc

this month in bitcoin privacy

bluewallet v6.1.0

umbrel v03.10

phoenix v1.4.11

F2pool hashrate from outside china

Dual-funded LN channel on mainnet

MARA virtue signaling

Iranian Central Bank cucking too

Miningpool.observer

NY State wants to ban mining

Bitcoin Beach fund raiser

Coinbase transparency report

Cash App Q1 numbers

Commodities inflation

Tunisian student arrested and tortured for using BTC

Shoutout to this week's sponsors.

Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse when you download the app.

Unchained Capital. Check out their white glove vault concierge service that will take you from zero to secure multisig setup in no time. Use the code TFTC and receive $50 off that package that includes 2 Trezor Model Ts and $1,000 in your vault.

HodlHodl. Lend at Hodl Hodl is a new non-custodial bitcoin backed lending platform, that allows peer to peer lending and borrowing between users, globally, anonymously & on your own terms. Create you offers & set your own terms on lend.hodlhodl.com

Braiins. Braiins are leaders in the mining industry; running Slush Pool, creating firmware to make miners more profitable (Braiins OS+), and building out Stratum V2 to help further decentralize mining and make Bitcoin more robust. Check out their mining profitability calculator.

Transcript

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0:00.0	So freaks, it's your boy Marty Ben here to introduce this rip of RHR. Is it a good rip? Is it a bad rip? I don't know. I bet it is.
0:06.8	Got the family in the recording studio as I record the sad sun. That's not the remote for the fireplace. It's a remote for the TV.
0:16.6	When are you going to learn it? You're just throwing it in the trash can. God, I love my family.
0:21.8	I do.
0:23.7	I love you, buddy.
0:26.8	This trip was brought to you by our good friends of the cash app, cash app.
0:29.7	We're going to talk about it in this episode.
0:32.9	They just crushed Q1, 2021.
0:35.7	I believe, like $3 billion in sales.
0:36.1	Let me check.
0:36.6	Let me check.
0:37.5	A lot of people stacking stats on the cash app.
0:44.7	Yeah, $3.5 billion on the cash app.
0:49.9	People stacking sats.
0:51.9	They're not buying whole bit.
0:54.0	Most of those people aren't buying whole bitcoins. They're stacking sats. There's 100 million sats they're not buying whole bit not most of those people aren't
0:55.0	buying whole bitcoins they're stacking sats there's a hundred million sets in a bitcoin
0:58.1	cash that makes it easy to stack sats you can buy as little as one dollar you can DCA in the
1:02.8	set it and forget it I wonder how much that's contributing DCA just to set it and forget
1:07.7	it's you can buy weekly biweekly if you want. You can direct deposit your paychecks into the app.
1:14.6	You got account numbers and routing numbers.
1:16.6	So you can just skip your bank.
	...

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