Ungovernable Misfits OP_WHINE | THE BITCOIN BRIEF 57
Max & Q discuss the ongoing legal battle involving the Samourai Wallet developers, who are facing charges from the US government. They explore the recent developments, including the revelation that the prosecutors withheld critical evidence that could potentially dismiss one of the charges. This evidence, from FinCEN, indicated that Samourai Wallet's noncustodial design did not qualify as a money service business, contradicting one of the charges. They also touch on the implications of the Blanche memo, which suggests a shift in how the DOJ approaches crypto-related cases.
Our second major topic is the controversy surrounding the op_return limit in Bitcoin transactions. Max & Q explore the arguments for and against removing the 80-byte limit, with proponents arguing for network efficiency and harm reduction, while opponents fear blockchain bloat and a shift away from Bitcoin's financial focus. They discuss the implications of these changes on the network, including potential impacts on fee estimation and miner centralization.
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FOUNDATION
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Foundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.
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CAKE WALLET
https://cakewallet.com
Cake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.
Features:
- Built-in Exchange: Swap easily between Bitcoin and Monero.
- User-Friendly: Simple interface for all users.
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- Batch Transactions: Send multiple payments at once.
- Faster Syncing: Optimized syncing via specified restore heights
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(00:00:00) INTRO
(00:00:41) THANK YOU FOUNDATION
(00:01:38) THANK YOU CAKE WALLET
(00:02:43) Stag Lyfe
(00:10:06) BOOSTS
(00:22:23) Samourai Wallet Case Review
(00:35:21) OP_RETURN Discussion
(00:59:25) Business on Air