Australian Bitcoin Podcast

Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Hardblock discount link⁠⁠⁠

Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

Content:

- His involvement in Bitcoin

- Is there Bitcoin development still?

- Bitcoin consensus

- Is diversity good for Bitcoin?

- The people working on BitcoinCore

- Is ossification a good thing?

- The future of Bitcoin development Full YouTube: ⁠⁠⁠Ep68 Unravelling BitcoinCore

This special episode covers what the Bitcoin Halving is, answers to common questions and a recap of what happened to the bitcoin price around previous halvings. Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠⁠⁠Hardblock discount link⁠⁠

Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

Content:

- What is the Bitcoin Halving?

- Common questions answered

- The price of bitcoin

- What happened in previous halvings? Full YouTube: ⁠⁠Ep67 Bitcoin Halving Explained Simply

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠⁠⁠Hardblock discount link⁠

⁠⁠⁠⁠⁠⁠Global News

• EU wallet privacy attempt through Anti-Money-Laundering Laws

• US “Tiktok Ban Bill” passes house 352 votes - 65 votes and goes to the senate

• Roman Sterlingov found guilty of running Bitcoin Fog mixing service

Australian News

• Craig Wright court case concluded with ruling he is not Satoshi

• Australian Digital Identity Scheme bill passes after Greens' amendments

• Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry

• Australian Wikileaks founder Julian Assange has been granted the right fight his extradition to the US----

Technical News

• First half of March of Software and Hardware updates

• Second half of March Software and Hardware updates

• BitKey hardware wallet from Block

• Mobile-native hardware wallet from TwentyTwo Devices

Full YouTube: ⁠Ep66 March News

-  ⁠twitter.com/_checkmatey_⁠

Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠⁠Hardblock discount link⁠

Host: ⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au⁠⁠⁠⁠⁠⁠⁠⁠ 

Content:

- What is on-chain analytics?

- On-chain insights into ETFs

- The Bitcoin Halving Event

- Identifying the market top & bottom

- Common questions answered

- The success of BTC education in the data Full YouTube: ⁠Ep65 James Check

Host: ⁠⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠⁠ Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au⁠⁠⁠⁠⁠⁠⁠

Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠⁠Hardblock discount link⁠

Get excited for Australian Bitcoin Week!

⁠⁠Beechworth Bitcoin Bush Bash, Mar 16 - 17 - No KYC, free entry⁠⁠

⁠⁠Bitcoin Alive, Mar 23 - tickets on sale now!⁠⁠

---- Use code: HARDBLOCK for 10% off your tickets.

Global News

• US Department of Energy seeks data from US bitcoin miners

• Binance and Coinbase crash

• EU Courts rule encryption as Human Right

• Satoshi and Sirius emails

• Nayib Bukele reelected

• Ethiopa to mine bitcoin with $250 million preliminary agreement

• Nigerian Government issues arrest warrant for CEO of Binance

• Tether Audit

Australian News

• ASIC gets its first win against the crypto industry

• Bloomberg Australian news recap

• Australian Bitcoin Alive Conference 2024

- Use code “HARDBLOCK” for 10% off your tickets

Technical News

• New Coldcard model Q released

• Nunchuck Android released

• Umbrel OS v1.0 coming March 18th

• Avalon Nano 3 portable heater that generates btc

Full YouTube: Ep64 February News

- ⁠⁠twitter.com/lungdoge⁠

- ⁠bitcoinalive.io/ ⁠ - Discount code "HARDBLOCK" for 10% off your ticket!

Get 6 months of bitcoin Auto-Send withdrawals for free: ⁠⁠⁠⁠⁠⁠Hardblock discount link

Host: ⁠⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠⁠www.hardblock.com.au⁠⁠⁠⁠⁠⁠⁠ 

Content:

- Getting together is the core recipe for BA '24

- Look forward to things you don't often see at Bitcoin conferences

- Bush Bash Beechworth '24

- What you can expect from speakers at BA '24

Full YouTube: ⁠Ep63 Chris Pavlesic

Discount link: ⁠⁠⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠⁠⁠

Host: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/danWilcz⁠⁠⁠⁠ Sponsored by HardBlock: ⁠⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠⁠

Get excited for Australian Bitcoin Week!

⁠Beechworth Bitcoin Bush Bash, Mar 16 - 17 - No KYC, free entry⁠

⁠Bitcoin Alive, Mar 23 - tickets on sale now!⁠

Use code: HARDBLOCK

Global News

• ​OpenSats announces over $4.3M Bitcoin grants and $3.4M Nostr grants were allocated in 2023 in Year-in-review​
• ​Aqua Wallet launches as an all-in-one wallet with support for Bitcoin, Lightning, Liquid, and Tether​
• ​Scam Bitcoin Wallets Are Still Reigning Free on Apple's App Store Despite Multiple Reports​
• ​Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts​
• ​Bitcoin Victoria Falls: New Bitcoin Circular Economy in Livingstone, Zambia​
• ​SEC Approves 11 Bitcoin Spot ETF Applications​
• ​VanEck To Donate 5% of Its Bitcoin ETF Profits to Support Bitcoin Core Developers​, while ​Bitwise pledges 10% to support Brink, OpenSats and the HRF Bitcoin Development Fund​
• ​Google, Apple Pull Binance, Kraken and Other Exchanges from India App Stores​
• ​Stripe Is Deplatforming Users For Selling Bitcoin Hardware​
• ​Core Scientific Is Ready to Emerge from Bankruptcy and Re-list on Nasdaq by the End of January​
• ​UN Report Attacks Tether for Facilitating Global Crime​
• ​Trezor Warns of Unauthorized Email Impersonating Trezor Sent via Its Third-Party Email Provider​
• ​Bitwise Becomes First U.S. Spot Bitcoin ETF to Disclose BTC Holding Addresses​
• ​Swan Bitcoin Launches Swan Mining Out of Stealth Mode​
• ​Bitcoin Surpasses Silver to Become Second Largest ETF Commodity in the US​

Australian News

• ​Lack of bitcoin futures might restrict future Aussie bitcoin ETF​
• ​Bitcoin Alive 2024: Australia Gears Up For The Ultimate Bitcoin Experience​ - get tickets at ​Bitcoin Alive​, use code: HARDBLOCK
• ​US, UK and Australia step up sanctions on Hamas-linked crypto facilitators​

Technical News

• ​The 3rd Edition of Mastering Bitcoin: Programming the Open Blockchain has been open-sourced on GitHub​
• ​Mercury Layer 2 protocol release enables self-custodial UTXO transfers off chain​
• ​Fedimint v0.2.1 Stable MVP release​
• ​Coracle v0.4.0 Private Groups on Nostr​
• ​Payjoin Dev Kit (PDK) v0.13.0​ and ​developers Dan Gould and Esraa given Spiral grants​
• ​BitKit v1.0.0-beta.98: Pay to Lightning Addresses, In-App Support & More​
• ​OpenSats Announces Long-Term Support to René Pickhardt​
• ​Base58 Ships Its Crypto + Digital Signatures Course for Bitcoin Developers

Discount link: ⁠⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠⁠

Host: ⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/danWilcz⁠⁠⁠ Sponsored by HardBlock: ⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠

Get excited for Australian Bitcoin Week!

Beechworth Bitcoin Bush Bash, Mar 16 - 17 - No KYC, free entry

Bitcoin Alive, Mar 23 - tickets on sale now!

More events to be announced!

Skip to 6:20 if you hate Christmas (Dan & Alex's Christmas holiday intro)

Global News

• ​Argentina Repeals Forced Legal Tender Laws for Contracts, Confirms Debts Can Now Be Settled in Bitcoin​
• ​Argentina's Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill​
• ​Legends of Lightning Vol. 2 Winners Announced​
• ​FASB update for fair value accounting for Bitcoin by US public companies from 2025​
• ​Ledger CEO explains hack, calls it 'isolated' incident​
• ​Ledger Live Tracks and Sends ALL User Information to Outsourced Data Harvesting Service​
• ​Crypto Industry Funnels $78 Million Into War Chest to Elect Pro-Crypto Candidates in 2024 Elections​
• ​Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service​
• ​Adam Back Says 'Suck That Truthoors' as Cantor Fitzgerald CEO Reveals Company Holds Tether's Treasuries​
• ​Elizabeth Warren Wants to Extend Bank Secrecy Act Regulations to Free & Open Source Software​

​
Australian News

• Australian Bitcoin Week 2024:
  Bitcoin Bush Bash in Beechworh, VIC on 16 - 17 Mar​
  Bitcoin Alive in Sydney on 23 Mar - sponsored by Hardblock
  +satellite events
• ​OpenSats Grants Long-Term Support to Australian Bitcoin developer Tobin Harding​
• ​Australian Cash Use in Decline as 75% of Residents Now Seen as 'Low Cash Users'​

​
Technical News

• ​OCEAN Mining pool offers choice of three mining block template policies​
• ​Start your career in Bitcoin FOSS with Learning @ Chaincode Labs​
• ​Bitcoin Optech Newsletter #282: 2023 Year-in-Review Special​
• ​The Bitcoin Design Foundation launches supporting design in Bitcoin ecosystem

Discount link: ⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠

Host: ⁠⁠⁠⁠⁠https://twitter.com/danWilcz⁠⁠ Sponsored by HardBlock: ⁠⁠https://www.hardblock.com.au⁠⁠

Global News

• ​FTX founder Sam Bankman-Fried found guilty of fraud​
• ​Tether Q3 Attestation Show Highest Percentage of Cash & Cash Equivalent Reserves Yielding Close to ~$1Bn​
• ​Federal Reserve Threatens to Sue Bitcoin Magazine Over FEDNOW Parody Merch​
• ​PayPal Subpoenaed by the SEC Over Its PYUSD Stablecoin​
• ​Gemini UK to Block Bitcoin Transfers To and From Non-Approved Exchanges​
• ​Fake Ledger Live App on Microsoft App Store Used to Steal 16.8+ BTC​
• ​Roman Sterlingov's Defense To Examine Chainalysis Heuristics Under Protective Order, Trial Moved to February​
• ​Swan Bitcoin to Limit Customers Interacting with Privacy Services Due to Partner Policy​
• ​Coin Center's Tornado Cash OFAC Sanctions Lawsuit Dismissed Due to DAO Structure and TORN Shitcoin​
• ​Armed Bitcoin Robberies Surge In Sweden Due to Open Data on Citizens​
• ​Chat Control: EU Parliament Adopts Position Against Mass Surveillance​
• ​Anarcho-Capitalist Javier Milei Wins Argentine Presidency​
• ​Bittrex Global Is Shutting Down For Good​
• ​SEC Sues Kraken For Operating Unregistered Securities Platform​
• Report that F2Pool Is Likely Filtering OFAC-Sanctioned Transactions, followed by an admission of filtering with F2Pool Disabling Transaction Filtering Patch (For Now)​
• ​CZ Pleads Guilty, Steps Down as CEO of Binance in $4.3 Billion Settlement with DOJ​
• ​Nodeless.io Shuts Down Due to Investigation for Running 'Illegal Money Transmission' Business in Canada​
• ​Ministers accused of a cover up as it is revealed shadowy army unit DID spy on British critics of Covid lockdown policies​
• ​Taproot Wizards raises $7.5MM & hires rot13maxi as CTO​
• ​Eligius Pool Relaunched As OCEAN Pool, Raises $6.2M in Seed Funding, leveraging Stratum V2​

​
Australian News

• ​Wallet of Satoshi to Stop Serving Customers in the United States​
• ​Whistleblower alleges ANZ is deliberately pushing customers out of branches​
• ​RBA lifted cash rate to 4.35pc in November​
• ​Crypto hack suggests Australia’s CoinSpot has been compromised​
• ​Australian regulators will compel businesses to report cyberattacks: Report​
• ​Commbank iQ data shows younger Australians now even cutting back on essentials, as rents and mortgage costs rise​
• ​Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi​

​
Technical News

• ​85% of Whirlpool Users Are Using Self-Hosted Solutions​
• ​Bitcoin-Dev Mailing List Is (Still) Looking for New Home​
• ​Mutiny Wallet Makes Sending Hodl Zaps to Zeus Wallet An Optional Feature​
• ​83 BTC Transaction Fee Sets a New Record in Fiat Terms​
• ​Apple Deactivates Zeus Developer Account Following Antitrust Lawsuit by Cash App & Venmo Users​
• ​User lost 0.4 btc after only making a single dice roll when inputting user generated entropy for coldcard​
• ​How to setup a Bitcoin Air-Gap Computer? Don't. - Website outlining air gap computer attacks and why to use a hardware wallet instead​
• ​Atomicals marketplace disaster results in loss of funds due to use of SIGHASH_NONE
• ​Randstorm entropy vulnerability affects significant number of browser generated cryptocurrency wallets​
• ​rot13maxi releases Sophon source to snipe BRC20 mints from the mempool​
• ​FediMint changes consensus algorithm from HBBFT to AlephBFT

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠⁠⁠⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠⁠⁠⁠

Host: ⁠⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠⁠⁠⁠ 

Thanks to our guest Fernando Nikolić from Blockstream and the Bitcoin Perception newsletter:

-  https://twitter.com/basedlayer

-  https://bitcoinperception.com

Content:

How trying to understand Argentina's hyperinflation lead Fernando to Bitcoin

Why are Bitcoiners so interested in an Argentinian election?

Javier Milei's ability to communicate to the average Argentinian

History of Peronism

Bureaucracy in Argentina

Dollarization

Is Javier Milei pro-bitcoin?

Bitcoin Perception newsletter

Media is starting to realise the difference between Bitcoin vs Crypto

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠⁠⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠⁠⁠

Host: ⁠⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠⁠⁠ 

Thanks to our guest Pipellia from Runcitadel:

https://twitter.com/pippellia

- https://runcitadel.space/ (under maintenance now 🫤)

- https://geyser.fund/project/runcitadel

Plug & Play Nodes

- https://geyser.fund/project/nabitechnology

- https://dtvelectronics.com/

Content:

-Why is it important to run a node?

-Hard money vs Dark money

-Should every bitcoiner run a node?

-What is a node?

-Runcitadel and FOSS

-Node packages

-Pipellia's bitcoin origins and orange-pilling

DerGigi on time:

- Ledgers require time, and time requires heat.

https://x.com/dergigi/status/1392409660154646529

-  Bitcoin is time

https://dergigi.com/2021/01/14/bitcoin-is-time/

Discount link: ⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠

Host: ⁠⁠https://twitter.com/danWilcz⁠ Sponsored by HardBlock: ⁠https://www.hardblock.com.au⁠

Global News

• ​Elizabeth Warren uses Hamas as her newest scapegoat in war on crypto​
• ​Our Data in WSJ Article on Hamas Crypto Fundraising 'Was Misrepresented', Says Surveillance Firm Elliptic​
• ​CEO of Nchain Group Quits, Admits That Craig Wright is a Fraud​
• ​Argentina’s Pro-Bitcoin Javier Milei Heads to Run-Off Election Against Sergio Massa​
• ​Madeira Announces The Launch of Bitcoin Business Hub​
• ​Twitter/X’s new policy risks violating right to privacy for millions​
• ​El Salvador's First Bitcoin mining pool powered by volcano energy goes live​
• ​US Government Argues That Disclosure of Chainalysis Heuristics Would 'Jeopardize Law Enforcement Investigations'​
• ​1.4 Billion People Lack Access to Financial Services - PwC Report​
• ​UK's Law Enforcement Can Now Seize Bitcoin Linked to Criminal Activity Without Conviction​
• ​Botev Plovdiv FC, Bulgaria's oldest football club is the first elite level football team to embrace bitcoin​

​
Australian News

• ​Australia Proposes New Licensing Regime for Crypto Exchanges, Aims for Draft Legislation by 2024​
• ​NSW Government turns directly to banks with garnishee orders to recoup unpaid COVID-19 hotel quarantine bills​
• ​Australian Exchanges Respond to New Australian Treasury Crypto Proposal​
• ​‘Billion dollar ticking bomb’ for SMSFs buying bitcoin​

​
Technical News

• ​The Lightning Network Grew by 1212% in 2 Years - River Research​
• ​Postmortem on the Lightning Replacement Cycling Attack​
• ​How does a lightning replacement cycling attack work?​
• ​BitVM: Compute Anything on Bitcoin​
• ​Hostr: Decentralized Web Hosting Solution on Nostr​
• ​Trezor Introduces Safe 3 Signing Device & Trezor Keep Metal Backup​
• ​Wasabi Wallet Announced Coinjoin API for Enterprises​
• ​Block Completes The First Prototype of MDK Hashboard​
• ​OpenSats Announces Third Wave of Nostr Grants​
• ​Lightspark Introduced Travel Rule Compliant LNURL for Regulated Entities

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠⁠

Host: ⁠⁠⁠⁠twitter.com/danWilcz⁠⁠⁠⁠ 

Sponsored by HardBlock: ⁠⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠⁠ 

Thanks to our guest Maryna from Kova Tax and Syla:

https://twitter.com/KovalenkoMaryna

https://www.kovatax.com.au/

https://www.syla.com.au/

Use the code TAXBLOCK on checkout to save 30% with Syla.

Content:

- Maryna's Bitcoin origin story 

- Bitcoin in the Russia Ukraine War

- Bitcoin tax basics

- Capital gains examples

- Accounting for losses due to exchange insolvency (Digital surge, FTX)

- Overseas travel and tax residency

- Personal use exemption

- Fringe Benefits Tax and getting paid in Bitcoin

-Kova Tax and Syla tax software tips

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠ 

Host: ⁠⁠⁠twitter.com/danWilcz⁠⁠⁠ Sponsored by HardBlock: ⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠ 

Thanks to our guest Dea:

https://twitter.com/dearezkitha

Indonesiabitcoinconference.com

Use code HARDBLOCK to get 10% off at checkout.

Content:

- Deas journey in Bitcoin. 

- Bitcoin adoption in Bali

- Anti-Bitcoin laws in Indonesia

- Bitcoin community in Bali

- Indonesian Bitcoin conference speakers

- Social events at the conference

- How she convinced Jack Dorsey to attend

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠⁠ 

Host: ⁠⁠⁠twitter.com/danWilcz⁠⁠⁠ Sponsored by HardBlock: ⁠⁠⁠https://www.hardblock.com.au⁠⁠⁠ 

Thanks to our guest Tarik:

https://twitter.com/tarik_sammour

Content:

- Who is Tarik

- How he orange-pills his fellow medical professionals

- Medical inflation 

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠ 

Host: ⁠⁠twitter.com/danWilcz⁠⁠ Sponsored by HardBlock: ⁠⁠https://www.hardblock.com.au⁠⁠ 

Thanks to our guest Jeff Yew:

 https://twitter.com/jeffyew_

https://www.monochrome.au/

Content:

- Jeff's early work with Travelbybit and as CEO of Binance Australia

- Jeffs take on the latest Binance regulatory troubles 

- What is Monochrome and the Bitcoin ETF process in Australia

- The implications of Blackrock getting into Bitcoin

Petition requesting the Reserve Bank of Australia HODL 2% of assets in Bitcoin http://bitcoinpetition.me

Discount link (get 6 months of Bitcoin Auto-Send withdrawals for free): ⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠

Host: ⁠⁠twitter.com/danWilcz⁠⁠ Sponsored by HardBlock: ⁠⁠https://www.hardblock.com.au⁠⁠ 

Thanks to our guest Jeremy Majid:

https://twitter.com/AusBTCIndBody

https://twitter.com/AusBTCIndBody

Content:

- Who is Jeremy Majid?

- What is ABIB

- Australian regulatory landscape and the work of ABIB

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod

Host: ⁠twitter.com/danWilcz⁠ Sponsored by HardBlock: ⁠https://www.hardblock.com.au⁠ 

Thanks to our guest Peter Dunworth:

https://twitter.com/dunworth_peter

https://www.thebitcoinadviser.com/

Content:

- Peters Background

- Aussie economy

- Bitcoin as an investment asset

- Bitcoin inheritance planning

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): ⁠https://www.hardblock.com.au/join/ozbitcoinpod⁠  Host: ⁠twitter.com/danWilcz⁠ 

Notes

• What is happening with US Banks
• Causes of the bank collapse
• Impact on Bitcoin and economy

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod  Host: twitter.com/danWilcz 

Notes

- What are NFTs

- History of NFTs

- Motivation for creating Ordinals

- What are Ordinals

- Criticism of Ordinals

- The Case for Ordinals

- How to get started with Ordinals

Find out more about Ordinals by going to:

https://docs.ordinals.com/

https://twitter.com/rodarmor

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod Thanks to our guest Chris Pavlesic twitter.com/lungdoge:  Host: twitter.com/danWilcz Sponsored by HardBlock: https://www.hardblock.com.au

www.bitcoinalive.io

Discount code: DANW = 10%

Notes

- Intro about Chris  how he got into Bitcoin and what he does

- Background on the other organisers of the event

- What made Chris start this event and what is the vision for it 

- Event speakers and what people can learn during event

- Event details, like venue, location

- Some of Chrises favourite Bitcoin events from around the world

www.bitcoinalive.io
Discount code: DANW = 10%

Twitter: https://twitter.com/BitcoinAlive

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod Thanks to our guest Moritz Kaminski https://twitter.com/MoritzKaminski:  Host: twitter.com/danWilcz Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- Moritzes story of how he got into Bitcoin

- What is Alby and how does it work

- Discussion of the Lightning ecosystem.

Find out more about Alby by going to:

- Website: getalby.com

- Twitter: @getAlby

- Telegram: t.me/getalby

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod  Host: twitter.com/danWilcz Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- Review of price action over the past

- Making price predictions for the next cycle

link to related blog post: https://learn.hardblock.com.au/price-predictions/

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod Thanks to our guest Paul Sztorc twitter.com/Truthcoin:  Host: twitter.com/danWilcz Sponsored by HardBlock: https://www.hardblock.com.au 

Notes

- What are sidechains and their history

- What is merge mining, what do we mean by a peg

- Different types of Sidechains

- How drivechains are an improvment

- What we need to implement drivechains in Bitcoin

- Addressing criticism of drivechains 

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod

Thanks to our guest: Yao from https://ezawa.io/

Host: https://twitter.com/danWilcz

Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- FTX History

- What caused the collapse

- Implications and lessons

FTX lessons by Adam Back - video mentioned in the show: https://youtu.be/1Izz1eB5eec

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod - Use this link for 6 months free automated bitcoin withdrawals.

The Australian Bitcoin Podcast is focused on Australian bitcoin and  privacy content, including educational episodes, recent news, and guest  interviews.

Guest: @_Bosch_ Bitcoin designer and Spiral Grantee. 

In this episode we discuss how Bosch got into Bitcoin and his journey to being a Bitcoin designer to the Zeus Lightning wallet and contributing to the Bitcoin Design Guide.

Sponsored by HardBlock - Australia's oldest bitcoin-only exchange: https://www.hardblock.com.au

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod - Use this link for 6 months free automated bitcoin withdrawals.

The Australian Bitcoin Podcast is focused on Australian bitcoin and  privacy content, including educational episodes, recent news, and guest  interviews.

Guest: Will from AnonAddy

In this episode we discuss Will's journey from the corporate world into open-source software and the incredible success he's had with very little marketing effort.

Sponsored by HardBlock - Australia's oldest bitcoin-only exchange: https://www.hardblock.com.au

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod - Use this link for 6 months free automated bitcoin withdrawals.

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.    

Guest: Adam Ahmed from https://adamahmed.com.au/ 

In this episode we discuss whether Bitcoin is a foreign currency, Adam's case involving bitcoin, the future of lawyers and smart contracts and inheritance planning.

Sponsored by HardBlock - Australia's oldest bitcoin-only exchange: https://www.hardblock.com.au

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod

Thanks to our guest: Viktor from https://ivpn.net

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- iVPN's history and mission

- Australia becoming a surveillance state (eg, laws related to metadata retention, key disclosure, and intercept & disrupt police provisions)

- Benefits of using a VPN generally (eg, dragnet ISP surveillance, Man in the Middle attacks on public networks, and bypassing censorship and geo-restrictions)

- What doesn't a VPN protect you from?

- What's the definition of privacy versus anonymity? Note that VPNs won't make you anonymous!

- Be mindful of what can de-anonymise you online beyond your IP address (eg, entering personally identifying information into websites, tracking cookies, and browser fingerprinting)

- Generally speaking, Tor is designed more for anonymity and censorship-resistance, while a VPN is focused on privacy

- Be aware of your threat model and what (or who) you are trying to protect yourself from, otherwise your privacy journey will become overwhelming

- iVPN versus other VPN providers (i.e., how to choose a good VPN provider: who is on the team, open source, no logging or tracking policies, regular audits, privacy-friendly jurisdiction (and jurisdiction with good consumer protection), clear profit model, established history, warrant canary, honest advertising and helpful guides, device compatibility, do they install and maintain their own server infrastructure, etc)

- VPN providers worth considering: iVPN, Mullvad, Proton, TunnelBear, and Windscribe

- Dive down the NordVPN Lithuanian data mining rabbit hole if you want an example of why you shouldn't trust most mainstream-marketed VPN providers

- Privacy benefits of multi-hop VPNs (eg, to protect against data correlation attacks and to disburse your trust across jurisdictions), built-in anti-tracker features (eg, to bypass common online tracking methods), Mullvad's "system transparency" initiative, and new obfuscation techniques to protect against censorship and Deep Packet Inspection

- iVPN is looking for content writers to help update their VPN and online privacy educational guides (contact viktor@ivpn.net)

- What might bitcoiners use a VPN for? 

- Contact viktor@ivpn.net if you'd like a free trial of their VPN service

Resources

https://www.ivpn.net/blog/why-you-dont-need-a-vpn/

https://www.ivpn.net/blog/privacy-issue-real-vpns-alone-cant-solve-it/

https://www.ivpn.net/privacy-guides/advanced-privacy-and-anonymity-part-1/

https://coveryourtracks.eff.org/

https://www.privacyguides.org/

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.  

Guest: Hanna from https://tutanota.com

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock - Australia's oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes

- Importance of online privacy

- Tutanota's history and mission (and profit model)

- Benefits of using a private and secure email (ie, Tutanota) over 'traditional' offerings like Gmail (eg, end-to-end encryption, no device fingerprinting, mostly no IP logging, open source verifiable code, and personal customer service)

- Upcoming Tutanota features (eg, encrypted calendar, cloud storage, notes, and contacts, as well as quantum resistant encryption)

- CTemplar private email service closing down suddenly

- Benefits of using Tutanota specifically over other secure email options like ProtonMail (eg, encrypted email subject/title, German versus Swiss privacy culture and anti-surveillance laws)

- Accepting bitcoin payments for Tutanota sign-ups, bitcoin as a quantum alarm clock, and bitcoin as an anti-spam device

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.  

Thanks to our guest:
https://twitter.com/_k3tan
https://twitter.com/ministryofnodes

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock - Australia's oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes

- Becoming a seaplane pilot in the Maldives to orange pill unsuspecting passengers

- What is a bitcoin node?

- Why run your own bitcoin node (better security and privacy)?

- What nodes have we experimented with (bitcoin core, electrum servers, MyNode, RoninDojo, and Umbrel / Citadel)?

- Should you run a node on a single-board computer or a desktop / laptop with more processing power?

- What is the electrum server stack (bitcoin core > electrum server > Sparrow wallet)?

- What are the pros and cons of running bitcoin core alone versus with an electrum server (personal, rust, or fulcrum)?

- Troubleshooting the initial indexing for fulcrum server (eg, using internal SSD, turning down fast sync and increasing swap space)

- BTCPay Server options (self-hosted node box versus virtual private server versus using a community node)

- What's the difference between BTCPay Server and other options (eg, SatSale)?

- Should you run your node on a dedicated device or your daily driver device?

- Should you run Tor or a VPN with your node?

- How can you use firewalls or virtual networks (or guest networks) to improve your node security?

- Take advantage of the bear market - it's time to be productive and to learn!

References

Ministry of Nodes website and Youtube channel:

https://www.ministryofnodes.com.au/

https://www.youtube.com/c/MinistryofNodes

k3tans bitcoin journey and a discussion about bitcoin on-chain privacy best practices (including KYC vs no KYC, Samourai & Sparrow Coinjoin Tools, and Network Privacy):

https://www.youtube.com/watch?v=gaiTeZcRk_Q

Introduction to bitcoin nodes for (beginners including what is a bitcoin node, why run a node, and common node options):

https://learn.hardblock.com.au/bitcoin-nodes/

https://www.youtube.com/watch?v=KTJiQB06QNQ

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

Hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/jeremy_m16

Sponsored by HardBlock: https://www.hardblock.com.au

Notes
Why self custody?
- bank runs, bank bail ins, exchange insolvencies, censorship; and overall: third party ("counterparty") risk
- bitcoin ethos: not your keys, not your coins  and  don't trust, verify!

How to self custody?
- ideally with an air-gapped device (but what is an air-gapped device, what are the benefits, and does a hardware wallet count as an air-gapped device?)

Instructions
- Beginners: Use an air-gapped hardware wallet like ColdCard or Passport and follow their standard instructions; if you're looking for ways to improve from there, then: 1) interact with your hardware wallet using a watch-only FOSS software wallet (eg, Sparrow or Electrum), 2) connect your wallet software to your own node (eg, Bitcoin Core), and 3) spend using the standard PSBT (partially-signed bitcoin transaction) features within your chosen software and hardware wallet.

- Intermediate and Advanced (and courageous Beginners):

1) Use an air-gapped hardware wallet, access it via a watch-only FOSS software wallet (eg, Sparrow or Electrum), connect your wallet software to your own node and index server (eg, Bitcoin Core + ElectrumRS or Fulcrum Server), and then spend using standard PSBT features within your chosen software and hardware wallet.

2) Generate an offline cold wallet using an air-gapped device (eg, using Ian Coleman's BIP39 calculator, Bitcoin QnA's Seed calculator, or generate an offline wallet in Sparrow or Electrum wallet); save the seed words, passphrase, derivation path, extended public key and/or any number of receiving addresses; then you can query individual receiving addresses over VPN and/or Tor on public blockchains (or ideally on your own node if it has a block explorer feature), or alternatively you can load the cold wallet's extended public key into an online but watch-only wallet (eg, Sparrow or Electrum) that's connected to your own node; and when you're ready to spend, you can do so after sweeping individual receiving addresses (using the associated private key) into a new online hot wallet dedicated to spending.

Resources
https://iancoleman.io/bip39/
https://bitcoiner.guide/seed/
https://armantheparman.com/agc/

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod

Hosts: https://twitter.com/mission_bitcoin  &  https://twitter.com/jeremy_m16

Sponsored by HardBlock: https://www.hardblock.com.au

Notes

Why did we set up a Self-Managed Superannuation Fund (SMSF)?

- consolidating superannuation fund management fees

- investment fund managers have no "skin in the game" and their choices may be influenced by the "path of least resistance" (eg, government regulations, internal business policies, incentives they receive for certain investments, not wanting to take career risk on new asset classes, etc)

- ability to buy and self-custody bitcoin (and other assets), and to have overall autonomy and flexibility in terms of investment choices

What was the process of setting up our SMSFs?

- Step 1: Choosing a SMSF Administrator (or changing to a new one)

- Step 2: Establishing the fund (eg, choosing individual or corporate trustee setup, completing the right documentation, establishing a fund investment strategy)

- Step 3: Setting up a SMSF bank account (eg, using the SMSF name, tax file number, and Australian business number)

- Step 4: Setting up a SMSF HardBlock account (similar to the bank account step above)

- Step 5: How to roll-over existing superannuation into your new SMSF, or make fresh contributions to the SMSF

- Step 6: Deciding how / where to store your bitcoin (eg, self-custody vs exchange vs third-party custody service)

- Step 7: Buying bitcoin from the exchange (and keeping appropriate records)

- Step 8: Withdrawing bitcoin from the exchange to self-custody (and again, keeping appropriate records)

- Step 9: Completing the annual lodgement process (e.g., summarising buy, sell, and withdrawal records; proving ownership of the bitcoin; and passing the sole purpose test)

How did we decide what to invest in?

- saving in hard money (eg, bitcoin, gold) versus investing (ie, risk taking) in property, collectibles, stocks, or bonds versus holding currency (ie, dollars)

- learning how to value an investment (eg, if it's a stock, looking at the company's roadmap, leadership team, assets, liabilities, cash flow, and current market capitalisation)

- doing your own research or paying for a subscription to expert research (and you can use your SMSF to foot the bill!)

- ideally choose money or assets that: 1) are not currently overvalued, 2) have good long-term fundamentals, 3) have ample liquidity and ability to sell small portions, and 4) have low or no counterparty risk

- consider the contrarian mindset (ie, you might not want to be in "crowded investments")

- keep in mind risk management and the fact you cannot predict black swan events

- if you decide to primarily hold hard money, then keep in mind the properties of good money: scarcity, durability, immutability, portability, acceptability/recognisability, divisibility, and fungibility

Resources

https://www.hardblock.com.au/SMSF-bitcoin-investment 

https://youtu.be/MqQPbD9jQr8

https://en.wikipedia.org/wiki/List_of_Australian_exchange-traded_funds

https://doomberg.substack.com/

https://www.grant-williams.com/

Discount link (get 6 months of free bitcoin Auto-Send withdrawals): https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.  

Thanks to our guests:
https://twitter.com/2BitIdiots of https://anchor.fm/2bitidiots & https://bitcoin-first.com
https://twitter.com/StackingHats
https://twitter.com/BitcoinBrendo

Host:
https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

- Striking a balance between podcasting and privacy

- Hats' & Brendo's bitcoin journey (come for the money, stay for the financial revolution)

- Brendo and Justin's dads (almost) falling for bitcoin scams

- Scams in the bitcoin and broader cryptocurrency space being detrimental for bitcoin adoption

- Bitcoiner's being high on the personality construct "openness to experience", as well as believing in individual freedom and responsibility, and being comfortable having contrarian views

- Lamenting the ironic inefficiencies and corruption of large (especially government) institutions that aim to be efficient and fair

- How Hats and Brendo got into bitcoin podcasting

- The role of politicians is to manage the circus in the media, which is one reason why more or different politicians never solve the ongoing problems

- Starting https://bitcoin-first.com

- Podcaster self-doubts: Are we contributing anything? Is there anything still left to say?

- Having podcast partners and contributors helps to stay motivated

- Nic Carter self-destructing, and people's general inability to apologise or be wrong

- What would happen if Satoshi returned and claimed his bitcoin?

- Who was Satoshi? Hal Finney, Len Sassaman, Adam Back?

- The great shitcoin shake-out and bitcoin de-leveraging (eg, Celsius, BlockFi, Voyager, 3AC, etc): A net benefit for the ecosystem, but a tragedy for individuals caught up in scams, rug-pulls, and third-party custodian risk

- The best thing you can get is a punch (or slap or kick) in the face, because it helps you learn

- Anarchist and Minarchist hopes for smaller governments that compete as service providers for the betterment of their citizens

- Mental health problems are rooted in people living incongruously with their values

- Admiring the art of https://twitter.com/woodpixart

- Living a life of value and meaning is the hardest work you'll ever do, but it's worth it

- The benefits of toxic bitcoin maximalism, as long as it focuses on actions (rather than personalities)

- What's exciting in bitcoin right now? Lawrence Lepard getting into bitcoin, Lightning Network development, bitcoin mining, and understanding the engineering elegance of bitcoin

- What's an issue in bitcoin right now? Bitcoiner's aren't bullish enough, and bitcoin may continue to be bundled together with other cryptocurrencies

Discount link (get 6 months of bitcoin Auto-Send withdrawals for free): https://www.hardblock.com.au/join/ozbitcoinpod

Hosts: https://twitter.com/mission_bitcoin  &  https://twitter.com/danWilcz

Sponsored by HardBlock: https://www.hardblock.com.au

Notes
Beware of scams!
Yepoon Bush Bash kicking off this weekend

GLOBAL

CPI Updates
- New Zealand: https://tradingeconomics.com/new-zealand/consumer-price-index-cpi  
- United States: https://tradingeconomics.com/united-states/consumer-price-index-cpi
- United Kingdom: https://tradingeconomics.com/united-kingdom/inflation-cpi 

ECB CBDC: https://twitter.com/Lagarde/status/1547247694170800129 

Russia bans domestic crypto paments: https://sozd.duma.gov.ru/bill/138674-8#bh_histras 

Paraguay’s crypto framework: https://cointelegraph.com/news/paraguay-s-crypto-framework-one-step-away-from-becoming-law 

Andorra's Digita Assets Act: https://cointelegraph.com/news/andorra-green-lights-bitcoin-and-blockchain-with-digital-assets-act 

Central African Republic launches shitcoin and holds bitcoin as reserve asset: https://sango.org/ 

Chinese citizens likely unable to have deposits returned from Henan branch banks: https://www.msn.com/en-us/news/world/are-chinese-tanks-defending-banks-from-customers-viral-video-sparks-rumors/ar-AAZPlhs 

Tesla sells 75% of its bitcoin (~US$930 million): https://bitcoinmagazine.com/business/breaking-elon-musks-tesla-sold-75-of-its-bitcoin

Celsius has initiated Chapter 11 bankruptcy proceedings: https://www.businesswire.com/news/home/20220713005911/en/Celsius-Network-Initiates-Financial-Restructuring-to-Stabilize-Business-and-Maximize-Value-for-All-Stakeholders 

3 Arrows Capital declares bankruptcy; founders Su Zhu and Kyle Davis detained at Dubai airport: https://www.investing.com/news/cryptocurrency-news/the-race-three-arrows-capital-3ac-founders-detained-in-dubai-airport-2849780 

Zu Shu files US$5 million claim against 3AC: https://watcher.guru/news/3ac-co-founder-zhu-su-among-creditors-files-5m-claim-against-own-company 

New York Yankees to pay staff in bitcoin: https://bitcoinmagazine.com/business/new-york-yankees-pay-employees-in-bitcoin 

Amazon surveillance devices 'shockingly' used in warrantless & permissionless surveillance: https://theintercept.com/2022/07/13/amazon-ring-camera-footage-police-ed-markey/  

AUSTRALIAN

Digital-X CEO (formerly NAB Head of Innovation) takes 5% of her salary in bitcoin: https://www.smh.com.au/business/entrepreneurship/meet-the-asx-chief-executive-who-receives-5-percent-of-her-salary-in-bitcoin-20220714-p5b1jt.html 

TECHNICAL / OTHER

Discussion about increasing bitcoin supply to extend block reward subsidy was continued in Bitcoin Optech Newsletter #209: https://bitcoinops.org/en/newsletters/2022/07/20/  

Level39 (of Bitcoin Magazine) releases comprehensive thread on the ways bitcoin can stabilise energy grids and bootstrap new infrastructure: https://twitter.com/level39/status/1548550264218583040 

Crypto Fear & Greed Index has spent 72 days in "Extreme Fear" (as of July 18th) - the longest period ever: https://alternative.me/crypto/fear-and-greed-index/ 

Bitcoin Lightning Network reaches ATH capacity of ~4,300 BTC: https://bitcoinvisuals.com/ln-capacity 

Discount link (get 6 months of free bitcoin Auto-Send withdrawals): https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.  

Thanks to our guest: https://twitter.com/worldofrusty of www.worldofrusty.com

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

Notes
- Bitcoin is a filter - it teaches you to stay humble, stack sats, be productive, and not over-leverage yourself

- Celsius debacle, shitcoin scams (eg LUNA and UST), and shitcoin casinos

- Living on a bitcoin standard can be tough in bear markets

- Increasing financial freedom with a Self-managed Superannuation Fund

- Rusty's bitcoin journey, including working with Tone Vays and Michael Saylor and joining the meme factory (PS: fuck you Greg)

- The power of memes in conveying messages and shifting narratives

- Max Keiser is the final form of all bitcoiners

- Having a spiritual connection with bitcoin

- Appreciating the incentives model of the whole bitcoin ecosystem

- Money is always hierarchical, but bitcoin provides equality in rules

- Threats to bitcoin: changing the code (or not being able to change the code when issues like the block header overflow bug arise)

- Toxic bitcoin maximalism as a cultural immune system for bitcoin (and it comes from a place of love not vitriol)

- Bear markets are when the productive stuff gets done - stay focused on the fundamentals, get involved and contribute, and stay humble and stack sats

We apologise for the low audio volume in this episode - that'll be fixed for next time!

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

Hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/jeremy_m16

Sponsored by HardBlock: https://www.hardblock.com.au

Notes
- Bitcoin price technical analysis

- Macroeconomic market review, including: currencies, Government bonds, energy, and food prices

References
- How the momentum indicator was developed: https://www.olivermsa.com/

- A report on the likelihood of a Fed pivot (back to quantitative easing and away from increasing interest rates): https://www.myrmikan.com/pub/Myrmikan_Research_2022_06_14.pdf

- The Big Silver Short by Chris Marcus: https://www.amazon.com.au/Big-Silver-Short-Short-Squeeze-Lifetime/dp/B08BDZ5H6K

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

Hosts: https://twitter.com/mission_bitcoin  &  https://twitter.com/danWilcz

Sponsored by HardBlock: https://www.hardblock.com.au

GLOBAL
- UK, Spain, EU, & Turkey CPI: https://tradingeconomics.com
- Sri Lanka bankrupt: https://www.news.com.au/finance/economy/world-economy/collapsed-sri-lankan-prime-minister-declares-nation-now-bankrupt/news-story/4036098a1771187562f81864146ee308
- BlockFi, Voyager, Celsius, & FTX fiasco:
https://www.msn.com/en-us/money/companies/ftx-strikes-deal-with-option-to-buy-crypto-lender-blockfi/ar-AAZ8Loq
https://www.coindesk.com/business/2022/06/25/morgan-creek-is-trying-to-counter-ftxs-blockfi-bailout-leaked-call-shows
https://finance.yahoo.com/news/crypto-broker-voyager-seeks-bankruptcy-054126585.html?_guc_consent_skip=1657583648
https://www.coindesk.com/business/2022/06/24/goldman-sachs-raising-funds-to-buy-celsius-assets-sources
- Vauld declares insolvency: https://www.vauld.com/blog/corporate-statement
- NYDIG allies with Deloitte: https://www.prnewswire.com/news-releases/deloitte-and-nydig-announce-alliance-to-provide-banking-for-all-with-bitcoin-301571356.html
- Citibank hires Swiss firm Metaco to establish a digital asset custody platform: https://bitcoinist.com/citibank-to-develop-bitcoin-services
- US and Britain ban gold imports: https://www.nytimes.com/2022/06/26/world/europe/the-us-and-britain-will-ban-imports-of-gold-from-russia.html
- Zimbabwe gold coins: https://www.reuters.com/business/zimbabwe-introduce-gold-coins-local-currency-tumbles-2022-07-05
- India raises gold import tax: https://www.reuters.com/world/india/india-raises-import-tax-gold-125-75-2022-07-01
- India's controversial crypto tax law: https://www.msn.com/en-us/money/markets/indias-day-of-reckoning-with-e2-80-98most-controversial-crypto-tax-e2-80-99-is-here/ar-AAZ5HE0
- India data logging: https://darknetlive.com/post/vpn-services-in-india-required-to-maintain-logs
- The Bank of Japan owns over 50% of all Japanese bonds: https://www.zerohedge.com/markets/rubicon-has-been-crossed-boj-now-owns-more-50-all-japanese-bonds
- Gary Gensler calls bitcoin a ‘commodity’: https://www.marketwatch.com/story/gensler-labels-bitcoin-a-commodity-as-crypto-prices-stabilize-11656340239
- Grayscale sues the SEC: https://bitcoinmagazine.com/legal/grayscale-is-suing-the-sec-for-denying-its-spot-bitcoin-etf
- OpenNode partners with Lemon Cash: https://bitcoinmagazine.com/business/opennode-partners-with-lemon-cash-to-enable-bitcoin-lightning-payments
- Bitcoin Policy Institute report: https://www.btcpolicy.org/articles/bpi-submits-report-to-us-department-of-commerce
- Peter Schiff's bank closed: https://cointelegraph.com/news/peter-schiff-s-bank-closure-strengthens-bitcoin-case-for-financial-freedom

AUSTRALIAN
- RBA raises rates to 1.35%: https://www.rba.gov.au/media-releases/2022/mr-22-20.html
- BTC.com.au is closing down: https://btc.com.au/blog/an-important-announcement
- Volt bank shuts down: https://www.reuters.com/business/finance/australias-first-neobank-volt-shut-deposit-taking-business-return-licence-2022-06-29
- Digital-X holds ~216 bitcoin on their balance sheet: https://clients3.weblink.com.au/pdf/DCC/02515329.pdf

TECHNICAL
- Samsung 3nm chip for bitcoin mining: https://www.btctimes.com/news/new-samsung-chip-will-help-mine-bitcoin-more-efficiently
- Bitcoin Optech Newsletter (Issue #207): https://bitcoinops.org/en/newsletters/2022/07/06

Discount link: https://hardblock.com.au/join/ozbitcoinpod

Guest: https://twitter.com/llfourn (https://github.com/llfourn) - Contact Lloyd to work on bitcoin development with him in Malaysia!

Host: https://twitter.com/mission_bitcoin

Notes
- Lloyd's bitcoin journey and getting into bitcoin (and cryptography) development
- Developing the GUN (Go Up Number) command line interface bitcoin wallet
- Developing the stripped-down DLC (discrete log contracts) betting/wager extension for GUN
- Working on FROST, a new multi-signature protocol that uses Schnorr threshold signatures with a single public key (rather than multiple public keys being disclosed on the blockchain like in 'traditional' multi-signature protocols)
- Privacy-improving and data-saving (leading to fee-reducing) affects of Schnorr signature aggregation
- History of why ECDSA (elliptic curve digital signature algorithm) was used initially over Schnorr signatures (spoiler: it's related to patents)
- Lightning Network (LN) privacy considerations:
- Where (on-chain) are your LN channel open transactions originating from?
- Practical tip: using coinjoins or coinswaps before opening LN channels can improve privacy
- Privacy versus convenience trade-offs when sending LN directly to your recipient versus sending via multiple intermediary hops first
- More hops on a LN payment pathway is not always better (eg, it can lead to payment failure, and could erode privacy if multiple of those routing nodes are surveilling the network))
- Practical tips: keep all your channels unannounced ("private") and only connect with nodes you trust are not performing network surveillance
- Will PTLCs (point time locked contracts) improve LN privacy more than currently-used HTLCs (hashed time lock contracts)?
- Channel probing attacks exist today to discover "private" (ie, unannounced) LN channels and to determine their channel balance; this is exacerbated by public channels announcing all of their identifying details (which makes process-of-elimination and brute-force attacks more viable on the remaining unannounced channels)
- What you do with your on-chain coins (UTXOs) after closing a LN channel can be important with regard to privacy; in fact, what your channel
partners do with their on-chain UTXOs post channel close can also impact your privacy!
- Practical tip: coinswap or coinjoin your left-over UTXO after closing a LN channel
- Cross-layer links (ie, base-layer and LN layer) are bad for privacy, but some improvements are coming (eg, using unique channel aliases/IDs with each LN node you connect with, rather than a reused channel ID that can be linked easily back to your on-chain UTXO)
- Practical tip: run your own node (but be mindful it can be done badly - there are cases when using a trusted third party may be better)
- LN sender-side privacy is generally better than receiver-side, as a LN invoice to receive a payment will leak private information (eg, which UTXO belongs to the node)
- Practical tip: don't re-use LN invoices
- A potential LN privacy and convenience solution: using payment hubs, similar to the Tumblebit proposal and Chaumian e-cash mints (eg, FediMint or MiniMint), but with added improvements with regards to custody of funds and transaction output size
- Attending the Asia-Pacific Bitcoin Socratic to help flesh out bitcoin improvements

References
https://bitcoinproblems.org
https://github.com/bitcoin-sydney/socratic
https://abytesjourney.com/lightning-privacy

Thanks to our guest: https://twitter.com/talej (of https://voltpay.app)

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- VoltPay.app a Lightning Network Point-of-Sale User-friendly Merchant Wallet

- Michael's bitcoin journey and becoming a developer

- Being counter-culture and mistrusting the media helped to discover and learn about bitcoin

- Understanding Austrian economics and Libertarian perspectives helped to grok bitcoin

- The importance of building an economy (especially a circular economy) that people can't be excluded from

- The reaction of colleagues, friends, and family when moving into bitcoin development work

- Build the tools and the circular economy will come!

- VoltPay current features: customisable inventory (including set prices for products, along with custom categories and units/groupings of products), customisable amounts if no product has been set up yet, multiple currency options, deposit and withdrawal features, dark mode, Wallet of Satoshi for liquidity

- VoltPay future features: LNURL function so users can setup their own name@VoltPay address, ability to plug into own LDN or C-Lightning node, semi-offline mode, ability to have static QR codes for individual products, NFC functionality for contactless payments

- Running a community market garden to establish shorter supply chains and make better quality food available to neighbours (versus them relying on inefficient global supply chains and fiat farming practices which are generally unhealthy for the land and the food consumer)

- Collaborative competition in community farming, similar to an open source project / network (or bitcoin mining)

- Australan Tax Law "Personal Use" exemption - brief discussion and strategies, including the "spend and replace" model

- Bitcoin needs a "Fiverr" equivalent, maybe a SatsSer?

- Regenerative farming with goats, cattle, and other livestock - focus on building the soil and the great vegetables will be a natural byproduct

- Issues with traditional ("classical") farming through monocropping and excessive (and escalating) fertilizer use

- Sled dogging in Australia

- Huskies and Malamutes can be hard dogs to train

- How does someone get started in bitcoin app development or development more generally?

- Things to be bullish about with bitcoin: there's so much educational tangent topics from bitcoin, e.g., psychology, philosophy, economics

- Bitcoiners are abnormally exceptional

- Bitcoin risks: regulatory capture and general regulatory risks

- Cypherpunks Write Code documentary - encryption and anti-encryption regulation has been and will continue to be a cat-and-mouse game

- Orange pill techniques: focus on the money, especially the problems with it (including the fractional reserve banking and inflation)

- A tangent into psychology: living a life of meaning and value is hard work, but it's important to find that meaning to remain on track; your mind is like a garden, so be sure to prioritise the plants that you want - don't always focus on the weeds; the mind is naturally more negative too, so get used to rolling with that; and once you find your meaning - get started, and don't get paralysed by analysis!

Resources
Cypherpunks Write Code
https://youtu.be/9vM0oIEhMag

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

Hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/danWilcz

Sponsored by HardBlock: https://www.hardblock.com.au


Notes
Bitcoin price crash, Celsius liquidations, and the benefits of DCA'ing and avoiding leverage

GLOBAL

US annual CPI rose to 8.6% in May: https://www.bloomberg.com/news/articles/2022-06-10/us-inflation-unexpectedly-accelerates-to-40-year-high-of-8-6

Federal Reserve raised interest rates to a new level of 1.5%: https://www.msn.com/en-us/money/markets/to-fight-sky-high-inflation-the-federal-reserve-just-raised-interest-rates-three-times-faster-than-usual-e2-80-94-and-the-most-since-since-1994/ar-AAYvisU

Cynthia Lummis has introduced a bitcoin and crypto bill that includes recognising bitcoin as a commodity: https://bitcoinmagazine.com/business/heres-whats-in-senator-lummis-bitcoin-bill

Alex Gladstein and human rights advocates from 20 countries across send letter to US Congress: https://www.financialinclusion.tech/

China bank protest (due to deposit ‘bail in’) stopped by COVID ‘health app’ turning red:

https://www.reuters.com/world/china/china-bank-protest-stopped-by-health-codes-turning-red-depositors-say-2022-06-14/

http://lifeweek.com.cn/article/165940

Bank of Canada (ie, the Canadian central bank) reported that the number of Canadians holding bitcoin doubled from 2020 to 2021: https://finbold.com/bank-of-canada-number-of-canadians-holding-bitcoin-doubled-in-2021/

Gazprom (third-largest oil producer in Russia) is partnering with BitRiver (a bitcoin mining company) to mine bitcoin with its excess oil resources: https://bitcoinmagazine.com/business/gazpromneft-partners-with-bitriver-to-mine-bitcoin

Majid Al Futtaim Group (a retail giant) will soon accept bitcoin payments in 29 of their shopping malls and 13 hotels in Dubai: https://twitter.com/BTC_Archive/status/1533744002083717120?s=20&t=uX2R0sTg3ZELVdmFKDjz1A

Octagon Networks (an American cybersecurity firm) has converted its entire balance sheet into bitcoin: https://bitcoinmagazine.com/business/octagon-networks-converts-full-balance-sheet-into-bitcoin

AUSTRALIAN

Reserve Bank of Australia has raised interest rates for the second month in a row, increasing by 50 basis points to 0.85% https://www.msn.com/en-au/news/australia/rba-hikes-interest-rates-for-second-month-in-a-row/ar-AAY9IEG

TECHNICAL

2022 Lightning Network Summit summary: https://lists.linuxfoundation.org/pipermail/lightning-dev/2022-June/003600.html

Hacker claims to have extracted Telegram data including incriminating messages from prominent crypto influencers involved in pump and dump schemes: https://www.twitlonger.com/show/n_1ss24a6

Jack Dorsey (Block, Inc) released further detail about TBD, a bitcoin-based decentralized exchange: https://bitcoinmagazine.com/business/jack-dorseys-tbd-presents-bitcoin-based-decentralized-web5

SethForPrivacy releases a technical summary of bitcoin privacy-related improvements: https://bitcoinmagazine.com/technical/list-of-bitcoin-privacy-proposals

OXT Research updates their chain analytics visualiser to include better wallet fingerprinting information: https://medium.com/oxt-research/oxt-update-38591f4050d9

Bitcoin hash rate reached a new all-time-high of around ~241 exahash per second: https://insights.braiins.com/en/

Lightning Network capacity reaches an all-time-high of 4000 BTC: https://btx.com.au/bitcoin-lightning-network-capacity-charges-through-4000-btc/

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

Thanks to our guest:
https://twitter.com/rusty_twit

Thanks to our hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/danWilcz

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes

- Reflecting on the 2022 Lightning Summit (including discussing the Oakland protocol for improving LN privacy in the context of channel probing, as well as agreeing on zero confirmation channel opens): https://lists.linuxfoundation.org/pipermail/lightning-dev/2022-June/003600.html

- How are LN improvement proposals implemented (through a collaborative yet adversarial process)?

- Collaborative work with Blockstream (Core Lightning), Lightning Labs (LND), Lightning Development Kit (Block, Inc), ACINQ (Phoenix Wallet), Eclair, VLS, Breez Wallet, Anthony Towns, René Pickhardt, Matt Corallo

- LN engineers are focused on improving privacy and interoperability while expanding utility of the network (eg, making subscription/streaming micro-payments easier, as well as developing solutions for refund scenarios)

- Understanding the discrepancy in priorities and methods between Core Lightning and LND

- Remembering to celebrate the wins, appreciate how far bitcoin and lightning has come, but to remain focused on solving current and future problems

- Rusty's journey as a developer (including Linux kernel development), how he got into bitcoin, getting Mt Gox'd, and ending up in lightning development

- Recent and current work on the lightning network (including dual-funded channel opens, and building the Core Lightning community and user-base)

- HardBlock implementing lightning deposits and withdrawals - considering Core Lightning versus the competition for an institutional implementation (eg, Core Lightning focuses on stability / reliability and modular add-ons for additional features and experimentation)

- Blockstream's Greenlight project - providing a non-custodial yet third-party hosted Core Lightning solution for institutions

- Discussion of sender versus receiver privacy on lightning network, including potential solutions (eg, Trampoline Routing; Zero-conf channel opens with short channel aliases; and Blinded Routing)

- Basis of Lightning Technology (BOLT) 12 versus BOLT 11 - improvements and new features

- Lightning network improvement procedure in comparison to the Bitcoin Improvement Proposal (BIP) process

- Improvements to lightning network privacy by changing the way public channels are announced on the Gossip network

- How the bitcoin block header overflow bug will need to be fixed with a hard fork

- Does fixing the block header overflow bug with a hard fork open up the discussion for other changes to be worked into that hard fork? Is this a risk for bitcoin?

- Could there be a bitcoin civil war coming, especially about the blocksize or block subsidy? Will the 21 million supply cap ever change? What circumstances would make people consider it?

- Threats to bitcoin: privacy is lagging

- Things to be excited about: lightning network (near-instant, near-free, more private, and eventually-infinitely-scalable transactions)

References

https://lightning.readthedocs.io

https://github.com/ElementsProject/lightning

Thanks to our guest: https://twitter.com/dazbea1 (of https://lookingglasseducation.com)

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- Recent World Economic Forum propaganda video with renewed energy FUD regarding bitcoin mining

- Society's gradual erosion of trust towards authorities and media institutions

- DazBea's bitcoin journey - transitioning from wage slavery to self-employment to investing in the future

- Understanding "fair value" of businesses before investing (and realising that almost everything on the stock exchange is overvalued)

- We're all incentivised to improve and benefit ourselves, which is often incongruous with being a wage slave

- People are forced to move far out on the risk curve just to protect their wealth (and bitcoin fixes this)

- Inflation is destroying savings (whether it meets the 'hyperinflation' criteria or not)

- Everyone's "basket of goods" in regards to inflation is different

- There are incentives to keep the CPI number down through manipulation of the basket of goods (including hedonic adjustments)

- Broken incentives in various industries and academia (e.g., agriculture, nutrition, health)

- How to lie with statistics

- Starting and working on www.lookingglasseducation.com

- Preparing a 3-hour course focused on answering the question "what is money?" for no-coiners and wage-earners without focusing too much on bitcoin

- Future courses and plans for Looking Glass Education

- Financial education at a young age disrupts the cycle of poverty

- Bitcoin mining at home (eg, with an S9)

- Is it still profitable? How much energy is used for what hash rate output? How much do they cost to buy?

- Bitcoin mining at home is more viable with solar source of energy to offset grid energy costs

- Running miners non-stop or turning them on/off intermittently - pros and cons?

- How loud and hot do they get?

- Running standard versus customised firmware (e.g., BraiinsOS)

- What maintenance do they need?

- Can you run miners on the same circuit, or is it best to separate them?

- Ethernet vs WiFi connection?

- How to reduce the noise (e.g., building a sound-proofed 'black box')?

- Immersion cooling systems - pros and cons?

- Heating water or your house with the heat from a bitcoin miner

- Speed reading and mind mapping - useful tips and tools (e.g., Voice Dream and Obsidian) to consider

References / Resources
- DazBea's Energy and Electricity for Plebs (for Home Mining)
https://dazbe4.medium.com/energy-and-electricity-for-plebs-plebucation-for-bitcoiners-1-basics-and-mining-f653c2cc9b65
https://dazbe4.medium.com/energy-and-electricity-for-plebs-plebucation-for-bitcoiners-2-energy-demand-pricing-and-e0bb2b137691

- Econoalchemist's DIY UpstreamData BlackBox Guide
https://econoalchemist.github.io/UpstreamData-DIY-BlackBox/

- Obsidian Mind-mapping Tutorial for Beginners
https://youtu.be/QgbLb6QCK88

Discount link: https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.

Thanks to our hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/jeremy_m16
https://twitter.com/hardblockbtc
https://twitter.com/ausbitcoinpod

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
GLOBAL

St Louis Fed (a US Central Bank) starts pricing eggs in bitcoin
https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/?utm_source=twitter&utm_medium=SM&utm_content=stlouisfed&utm_campaign=c4fbf333-9509-4d17-bdb8-0b0c42b67881

New York passes proof-of-work mining ban
https://www.msn.com/en-us/money/markets/new-york-just-passed-a-bitcoin-mining-ban-e2-80-94-heres-everything-thats-in-it/ar-AAY1mZP   

Biden admin considering bitcoin mining regulation
https://bitcoinmagazine.com/business/white-house-to-reduce-bitcoin-energy-use-report  

Kenya’s largest producer of electricity intends to deliver excess geothermal energy to bitcoin miners
https://bitcoinmagazine.com/business/kengen-to-provide-geothermal-energy-to-bitcoin-miners-in-kenya  

Yellen says she was ‘wrong’ about ‘path that inflation would take’
https://thehill.com/policy/finance/3507422-%E2%80%8B%E2%80%8Byellen-says-she-was-wrong-about-path-that-inflation-would-take/ 

Eurozone inflation hits 8.1%, highest level ever, well above targets; Christine Lagarde not phased (expects it to come down “in due course”)
https://abcnews.go.com/International/wireStory/eurozone-inflation-hits-record-81-amid-rising-energy-85080229 

Turkey's annual inflation soars to 73.5% in May, highest since 1998
https://www.nasdaq.com/articles/turkeys-annual-inflation-soars-to-24-year-high-of-73.5 

Russia’s Ministry of Finance is ‘actively considering’ the use of digital currencies for international payments, a government official reportedly said
https://bitcoinmagazine.com/markets/russia-mulls-cryptocurrency-for-international-trade-report 

Russia blames US inflation on 38% currency creation in past two years, and EU inflation and energy crisis on their unreliable energy policies
https://www.bignewsnetwork.com/news/272575127/us-eu-inflation-result-of-unprecedented-money-printing-putin  

$4.5 trillion Fidelity to double headcount for bitcoin and digital assets division
https://twitter.com/BitcoinMagazine/status/1531601008664666112?s=20&t=e3baFn7Uc94F3ux3K4MF6g  

Goldman Sachs is reportedly looking to integrate services with Bitcoin and crypto exchange FTX
https://bitcoinmagazine.com/business/goldman-sachs-and-ftx-in-talks-for-bitcoin-crypto-derivatives  

Top 30 bank in Panama, Towerbank, has declared it is bitcoin friendly
https://twitter.com/BitcoinMagazine/status/1531630791263920128?s=20&t=e3baFn7Uc94F3ux3K4MF6g

Bitcoin Knowledge and Perceptions, Block, 2022
https://block.xyz/2022/btc-report.pdf 

AUSTRALIA

Australians 'panicking' as power prices skyrocket, consumer advocates say
https://www.abc.net.au/news/2022-06-02/consumer-panic-amid-unprecedented-power-price-hikes/101119776  
https://www.abc.net.au/news/2022-06-03/gas-crisis-threatens-manufacturers-jobs-and-rising-prices/101114712  

https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.

Thanks to our guest: Zoe from www.smsfwarehouse.com.au (www.superannuationwarehouse.com.au)

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

Notes
- Who is Zoe and what does SMSFWarehouse do?
- What is a self-managed superannuation fund? How does it differ from standard retail or industry super funds?

Walkthrough:
- Step 1: Choosing a SMSF Administrator (or changing to a new one)
- Step 2: Establishing the fund (eg, choosing individual or corporate trustee setup, completing the right documentation, establishing a fund investment strategy)
- Step 3: Setting up a SMSF bank account (eg, using the SMSF name, tax file number, and Australian business number)
- Step 4: Setting up a SMSF Hardblock account (similar to the bank account step above)
- Step 5: How to roll-over existing superannuation into your new SMSF, or make fresh contributions to the SMSF
- Step 6: Deciding how / where to store your bitcoin (eg, self-custody vs exchange vs third-party custody service)
- Step 7: Buying bitcoin from the exchange (and keeping appropriate records)
- Step 8: Withdrawing bitcoin from the exchange to self-custody (and again, keeping appropriate records)
- Step 9: Completing the annual lodgement process (e.g., summarising buy, sell, and withdrawal records; proving ownership of the bitcoin; and passing the sole purpose test)

FAQs:
- Can you have a majority (or full) allocation in a SMSF to bitcoin? How is it justified in the context of the diversification obligation? 
- Can an investment strategy be changed (eg, adding bitcoin to a fund that previously couldn't hold bitcoin, or increasing your allocation of bitcoin?
- Do you need to indicate which exchange you'll buy from in your investment strategy document?
- Can you go to a new SMSF administrator or auditor or are you stuck with who set it up?
- What is the "sole purpose test" and how to pass it?
- How to prove ownership if self-custodied bitcoin at audit time?
References
https://www.hardblock.com.au/SMSF-bitcoin-investment

Thanks to our guest: https://twitter.com/btcbrisket

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- Bitcoin Bush Bash reflections - appreciating the thriving genuine Aussie bitcoin tribe

- Setting up a pfSense router for better home network privacy and security

- Running CalyxOS on a Pixel and learning about Samourai Wallet and BIP47 PayNyms

- Learning better coin control (UXTO management) and taking care of bitcoin privacy

- Brisket's bitcoin journey

- Learning about bitcoin through the carnivore diet (eg, carnivore is the answer to fiat food, and bitcoin is the answer to fiat money)

- Understanding (the hard way) about why we don't trade or use leverage

- Technical Analysis is horoscopes for men

- Finding quality signal on Bitcoin Twitter

- Learning about permaculture and taking forward those philosophies into other aspects of life

- Bitcoiners operate on first principles, with firm beliefs, held lightly

- Experiences with and science behind carnivore diet and removing seed oils (polyunsaturated fatty acids)

- John K Vallis iconically not wearing a shirt in podcasts

- Discovering bitcoin is a framework to live your life better, like an immune system

- The benefits of generalising and localisation over specialising and globalisation

- Harnessing the bitcoin community to learn skills to be more self-sufficient and be apart of something greater

- Bitcoin is based on solid underpinning principles and is about freedom, autonomy, and personal responsibility

- Fiat systems are full of complexity which become impossible for most people to fully understand

- Bitcoin is a cheat code that helps you think better

- We're all working for bitcoin, only some of us get paid for it

- The fiat world becomes increasingly unrelatable the further down the bitcoin rabbit hole you go

- Shill lightly, if at all (as per Gigi)

- You'd be amazed at the things you can accomplish if you don't care who gets the credit - an open source ethos

- Complacency and indifference is a long-term threat to bitcoin

- Appreciating the blocksize wars and how resilient the bitcoin code and network is

- Toxic maximalism is part of bitcoin's immune system

- Things to be bullish about: Jack Mallers' announcement, global deterioration, bitcoin being normalised, bitcoiners

- Bitcoin is a one way street

- Keeping extra meat in the freezer for if someone, anyone, needs to be fed

- Having kids, home schooling, and citadel (bitcoin community) building

- Using Obsidian to document ideas and knowledge

- Bitcoin is hope!

https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.

Thanks to our hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/jeremy_m16
https://twitter.com/hardblockbtc
https://twitter.com/ausbitcoinpod

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- What is dollar cost averaging (DCA'ing)?

- Why dollar cost average (i.e., save in) bitcoin, rather than trade or invest?

- How has HardBlock set up its buy and withdrawal features to best facilitate DCA'ing?

- What is a UTXO (Unspent Transaction Output) and what is UTXO management?

- How to choose the right size UTXO depending if you're saving or spending (keeping in mind things like convenience, fees, and privacy implications?)

https://www.hardblock.com.au/join/ozbitcoinpod

The Australian Bitcoin Podcast is focused on Australian bitcoin and privacy content, including educational episodes, recent news, and guest interviews.

Thanks to our hosts:
https://twitter.com/mission_bitcoin
https://twitter.com/danWilcz
https://twitter.com/hardblockbtc
https://twitter.com/ausbitcoinpod

Sponsored by HardBlock - Australia's first and oldest bitcoin-only exchange: https://www.hardblock.com.au

Notes
- HardBlock affiliate program

- Bitcoin Bush Bash
https://twitter.com/bitcoinbushbash
https://bitcoinbushbash.info/

GLOBAL
- United States annual CPI is 8.3% as of April, remaining close to 40-year highs
https://www.theguardian.com/business/live/2022/may/11/german-price-increases-record-high-food-energy-rises-us-announce-inflation-rate-business-live

- United Kingdom annual CPI is 9.0% as of April, a 40-year high
https://tradingeconomics.com/united-kingdom/inflation-cpi

- New Zealand hands out extra cash to fight ‘inflation storm’ (a NZ$1 billion spending package)
https://apnews.com/a060a933f661d4d13a7686a17bb211f0

- President of El Salvador announces 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, and the El Salvador bitcoin rollout|
https://bitcoinmagazine.com/markets/el-salvador-president-nayib-bukele-announces-countries-to-discuss-bitcoin

- Warren Buffet-backed NuBank (Latin America's largest digital bank) to convert 1% of its cash reserves into bitcoin and to enable bitcoin trading for their customers  
https://bitcoinmagazine.com/business/warren-buffett-backed-nubank-buys-bitcoin-adds-trading

- Texas Pacific Land Corporation (one of the largest landowners in Texas) has partnered with with a digital infrastructure provider and bitcoin miner (Mawson Infrastructure and JAI Energy) to establish a 60 megawatt mining facility in West Texas  
https://bitcoinmagazine.com/business/texas-pacific-land-corporation-bitcoin-mining-facility-launching-in-texas

- Nomura (Japan's largest investment banking broker) to launch a subsidiary focused on institutional bitcoin and digital asset products
https://bitcoinmagazine.com/business/nomura-to-launch-bitcoin-crypto-subsidiary-report

AUSTRALIA
- 100%-backed spot bitcoin ETF was made available mid-May on the Australian secondary market (CBOE)
https://cryptonews.com.au/australia-first-btc-and-eth-etf-goes-live-today

- Australian Tax Office “prioritizes” bitcoin and cryptocurrency capital gains tax reporting
https://finance.yahoo.com/news/australian-taxation-office-prioritizes-crypto-094530979.html
https://iorder.com.au/publication/Download.aspx?ProdID=75362-09.2021

TECHNICAL
- New bitcoin mining data released by the Cambridge Centre for Alternative Finance confirmed the growing dominance of the US (accounting for 37.84% of bitcoin mining) and revealed a resurgence of China as the second largest mining hub (21.11%)
https://www.jbs.cam.ac.uk/insight/2022/bitcoin-mining-new-data-reveal-a-surprising-resurgence/

- Unsure how BIPs are implemented? Confused by terms like "Miner Activated Soft Fork (MASF)", "User Activated Soft Fork (UASF)", "User Resisted Soft Fork (URSF)", and "Speedy Trial"? Check out this recent explainer article
https://bitcoinmagazine.com/technical/how-to-upgrade-bitcoin

Thanks to our guest: https://twitter.com/btc_shepherd of https://thebitcoinshepherd.com

Host: https://twitter.com/mission_bitcoin

Sponsored by HardBlock: https://www.hardblock.com.au

Notes

- Dale's personal journey into bitcoin after dabbling in law, real estate, and financial planning

- Learning about money printing, inflation, "intrinsic value", and macroeconomics from the likes of Lyn Alden, Paul Tudor Jones, Raoul Pal, and Simon Dixon

- Understanding the philosophies behind bitcoin (e.g., separating state and money)

- Starting The Bitcoin Shepherd (www.thebitcoinshepherd.com) to help orange pill no-coiners and help them with self-custody

- The importance of understanding the economic, technological, and philosophical reasons for bitcoin

- Needing nuanced and adversarial thinking to check your biases

- Bitcoin's value comes from its utility and monetary properties

- Bitcoin provides full risk with full reward, whereas bonds provide a negative real yield with the full risk of default (i.e., no returns, all risk!)

- Finding a niche in bitcoin education and prioritising quality of life (rather than just mining fiat)

- Writing about bitcoin and badmouthing shitcoins as a journalist for www.cryptonews.com.au

- Working with South Africans to establish geographically distributed multi-signature custody options

- Wrestling with the desire to wear bitcoin merch and talk to everyone about bitcoin while keeping good opsec

- Differences in privacy and security risks between South Africa and Australia

- Using multi-sig, ColdCard decoy pins, and decoy passphrases to improve bitcoin security

- Buying property, bitcoin, and/or bitcoin miners and then using the assets as collateral to buy more bitcoin

- Choosing a vocation/career based on what problems do you want to solve

- Non-fungible tokens (NFTs): benefits for artists, hype cycles, wash trading, scams, and money laundering

- How family and friends have responded to transitioning to a bitcoin evangelical vocation

- Mainstream / corporate media: Bitcoin holders are psychopaths, and if you want to buy a house you should save more fiat, invest in stocks, and leverage more debt

- Lightning Network will cut the lunch of expensive, inefficient, and corruptible intermediaries

- Using demonstrations to orange pill, rather than just explanations (although 'what is money?' and 'fractional reserve banking' are always important topics to discuss)

- 4-year political cycles incentivize manipulation of the money supply

- Legacy media is driven by broken incentives (e.g., being first, being sensational to get clicks, and lazy writing that is derivative of other articles)

- There's a fine line between dispelling FUD and giving it credibility by responding in the first place

- Using memes and calling out absurdity

- Benefits of bitcoin mining (bootstrapping renewable infrastructure, stabilising grid demand, rescuing stranded and otherwise wasted energy)

- Most normies will own or use bitcoin without even realising it (e.g., due to superannuation allocations)

- Things to be bullish about: Lightning adoption; hash rate ATH; nation-state adoption; bitcoin development and mining thriving; bitcoiners are honest, motivated, and innovative; and Jerome Powell and Janet Yellen's recent comments about the US dollar and bitcoin

- Threats to bitcoin: cryptocurrency as a distraction, government over-regulation, and privacy concerns

- Topics that tangent out from bitcoin: low time preference.