On The Brink with Castle Island
Weekly Roundup 05/21/21(Taproot edges closer to activation, IRS demands reports for $10k txns, OCC reversal on Bitcoin?) (EP.215)
May 21, 2021
43:10
Matt and Nic are back for another volatile week. In this episode:
- Nic's 72h fast
- Nic explains the Moscow time joke on Bloomberg
- Coinbase sells off
- Our explanations for the selloff
- Tax selling or Fed discussion of tapering?
- Taproot edges towards activation
- Eth monetary hardening - improving or impairing its monetary credibility?
- IRS demands cash transaction reports for transactions over $10k
- FinCEN doesn't inflation-index their reporting thresholds
- OCC reviews Brian Brooks' rules
- Will the new OCC be hostile to Bitcoin?
- Tom Emmer asks accounting regulators to revisit their accounting treatment of digital assets
- Elon suggests miners disclose their energy mix
- Should miners buy carbon offsets?
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