In August of last year, the White House signed the CHIPS and Science Act of 2022, a bipartisan effort to bring more advanced semiconductor manufacturing onto US shores. Of course, it already has plenty of critics. There are concerns that the bill is being larded up with red tape, or non-core progressive priorities, that will undermine the bill. On this episode, we speak to two leaders playing key roles in the act's implementation. Mike Schmidt, director of the CHIPS Program Office, and Todd Fisher, the program's chief investment officer, join us to talk about the act's goals, what's been achieved so far, and why they believe it can succeed.See omnystudio.com/listener for privacy information.

Guests Mike Schmidt & Rijndael discuss reactive security in Bitcoin, lightning integration into social networks, converting release notes to a podcast using text-to-speech technology, browser UI for Core Lightning, funding for Bitcoin organizations, inclusion of metadata and interoperability challenges, decentralization and power dynamics in Bitcoin, building a resilient future for Bitcoin, Bitcoin project updates, Lightning Terminal and Mutiny Wallet releases, and discussion on the cluster mempool and Mornet.

Guests Mike Schmidt and Rijndael discuss security vulnerabilities at Kraken Exchange, cryptocurrency federation issues, updates on Coldcard and Nunchuck Wallet, Bitcoin Core features, FLDG modulation, Rust binary evaluation tools, Arc protocol implementations, and Noster Strategic Progress in the Bitcoin ecosystem.