Rabbit Hole Recap BITCOIN $100K | RABBIT HOLE RECAP #340
Jan 16, 2025
Dive into a lively discussion about the recent return of Bitfinex coins and the upcoming sale of 70k BTC from Silk Road. Explore Coinbase's new loan strategy using Bitcoin as collateral, along with energy policy insights related to mining. The hosts engage in humorous debates over geopolitical quirks in Greenland and Kazakhstan's Bitcoin dilemma. Additionally, they tackle tech controversies involving Elon Musk and Tether, all while emphasizing community engagement and the importance of educating others in the evolving crypto landscape.
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Episode notes
High ATM Fees
- Marty Bent withdrew $500 from an ATM and incurred $7 in fees.
- He highlighted that Bitcoin is significantly cheaper, enabling large sums to be sent for less.
Bitfinex Bitcoin Return
- The US government should return the recovered 94,000 Bitcoin to Bitfinex.
- This is a positive step towards recognizing property rights in the Bitcoin space.
UTXO Management
- Prepare for a sustained high-fee Bitcoin market by managing UTXOs effectively.
- Avoid accumulating Bitcoin dust to prevent high percentage fees in future transactions.
