Rabbit Hole Recap #251: $10,000,000 for Open Source Projects
Rabbit Hole Recap
Bitcoin's Capitulation
Gold has been a leading indicator for like the last year. If we don't solve the debt ceiling thing and actually the government's forced to shut down, banking crisis is still going on. I think the price could run up rather quickly. Could you imagine the show post million dollar Bitcoin though? You could do out the production. It would be awesome.
$10M for free and open source software https://opensats.org/blog Kingdom of Bhutan has been mining bitcoin since 2020, announces $500M mining fund to expand operations https://www.globenewswire.com/news-release/2023/05/03/2659973/0/en/Bitdeer-and-Druk-Holding-Investments-to-Jointly-Develop-Green-Digital-Asset-Mining-Operations-in-the-Kingdom-of-Bhutan.html?ref=nobsbitcoin.com Biden admin proposes 30% bitcoin mining tax https://www.whitehouse.gov/cea/written-materials/2023/05/02/cost-of-cryptomining-dame-tax/?ref=nobsbitcoin.com First Republic Bank fails, sold to JP Morgan https://www.fdic.gov/news/press-releases/2023/pr23034.html?ref=nobsbitcoin.com Venmo to finally enable self custody transfers https://newsroom.paypal-corp.com/2023-04-28-Introducing-Crypto-Transfers-for-Venmo-Customers?ref=nobsbitcoin.com Balaji capitulates on million dollar price call, donates an additional million https://balajis.com/fiat/ LND v0.16.2 https://github.com/lightningnetwork/lnd/releases/tag/v0.16.2-beta?ref=nobsbitcoin.com Lightning Terminal v0.9.2-alpha https://github.com/lightninglabs/lightning-terminal/releases/tag/v0.9.2-alpha?ref=nobsbitcoin.com Blixt Wallet v0.6.7 https://github.com/hsjoberg/blixt-wallet/releases/tag/v0.6.7?ref=nobsbitcoin.com Sphinx Relay v2.3.1 https://github.com/stakwork/sphinx-relay/releases/tag/v2.3.1?ref=nobsbitcoin.com Parmanode v2.3.4 https://github.com/ArmanTheParman/Parmanode/releases/tag/v2.3.4?ref=nobsbitcoin.com Alby Launches Nostr Wallet Connect https://blog.getalby.com/introducing-nostr-wallet-connect/?ref=nobsbitcoin.com Feni v0.1.8: Cashu Wallet & Mint Implementation in Golang https://github.com/cashubtc/cashu-feni/releases/tag/v0.1.8?ref=nobsbitcoin.com AgoraDesk App v1.1.1 https://github.com/AgoraDesk-LocalMonero/agoradesk-app-foss/releases/tag/v1.1.1?ref=nobsbitcoin.com MyNode v0.3.16 https://nitter.at/mynodebtc/status/1653150968454717442?ref=nobsbitcoin.com Zeus v0.7.5 https://github.com/ZeusLN/zeus/releases/tag/v0.7.5?ref=nobsbitcoin.com Nayuta Wallet v.0.1.7 https://medium.com/nayuta-en/nayuta-wallet-v0-1-7-released-e544e5159d5d?ref=nobsbitcoin.com Stack Duo v1.0.5 https://github.com/cypherstack/stack_duo/releases/tag/build_008?ref=nobsbitcoin.com Bisq v1.9.10 https://github.com/bisq-network/bisq/releases/tag/v1.9.10?ref=nobsbitcoin.com Munstr: MuSig + Nostr https://github.com/0xBEEFCAF3/munstr?ref=nobsbitcoin.com Electrum v4.4.1 https://github.com/spesmilo/electrum/releases/tag/4.4.1?ref=nobsbitcoin.com Galoy v0.6.48 https://github.com/GaloyMoney/galoy/releases/tag/0.6.48?ref=nobsbitcoin.com tracking growth in payjoin adoption https://payjoin.substack.com/p/tracking-growth-in-payjoin-adoption?sd=pf&ref=nobsbitcoin.com LNMesh: Offline Lightning Network Payments Using Community Wireless Mesh Networks https://arxiv.org/abs/2304.14559?ref=nobsbitcoin.com
3:16 - OpenSats $10 mil
15:59 - Dashboard, mempool bets
33:06 - Bhutan mining
49:19- Biden wants to ban mining
56:48 - Banking crisis
1:14:03 - Debt crisis
1:24:18 - Venmo has bitcoin
1:27:33 - Balaji pays up
1:32:58 - Debt ceiling shutdown
1:36:29 - Whitney Webb TFTC episode
1:40:13 - Lnd update
1:42:21 - Boostagrams
1:47:02 - Software updates
1:52:23 - Payjoin adoption
1:55:09 - LNMesh
1:59:19 - Shoutout to Fedi
2:01:54 - Wrapping up
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