Rabbit Hole Recap HAPPY BITCOIN NEW YEAR | RABBIT HOLE RECAP #338
Jan 2, 2025
Celebrate the New Year with reflections on Bitcoin's soaring value and its role in safeguarding against economic downturns. The discussion dives into startling connections between technology, trust, and recent terrorist incidents. Delve into the controversial H-1B visa landscape and the implications of digital censorship. Explore insights on loan delinquencies, emphasizing the importance of Bitcoin self-custody. The conversation wraps up with thoughts on building community, both in parenting and the Bitcoin ecosystem, as the future of cryptocurrency unfolds.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Scaling
- Bitcoin transferred $6.6 trillion in 2024, exceeding Fedwire's settlement value.
- Low fees demonstrate Bitcoin's scaling capabilities, contradicting the need for rushed updates.
New Year's Eve Attacks
- Two terrorist attacks occurred on New Year's Eve, one in New Orleans and one in Las Vegas.
- Both perpetrators were ex-military, trained at Fort Bragg, raising suspicion for Marty.
Elon's Power Play
- Elon Musk's actions on X, like demonetization and subscriber removal, expose his control over the platform.
- This raises concerns about censorship and the platform's role as a "global town square".