80: Shutdown Shock

The U.S. shutdown has sidelined a trillion dollars, starving markets and Bitcoin alike. Whales are having their IPO moment, treasury stacks are shrinking, and now BIP-444 drops a fresh dose of chaos into the mix.

Episode Links

• 🇺🇸 Buy Sats on River - The best way to stack in the US
• 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform
• ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning
• 🏦 Fold Card - Pay bills Stack Sats
• 💵 SALT Lending - Get access to your BTC Value w/out Selling

Show Notes

• Tomas on X: "OK, lots of bad takes on X over the past few days.
• How Bitcoin Liquidity Has Been Affected by the Government Shutdown - Decrypt
• Bitcoin’s Silent IPO: Why This Consolidation Isn’t What You Think
• The Truth About Why Bitcoin Isn’t Exploding (Yet) - YouTube
• Ted on X: "This isn’t a good sign. 🚨 That’s the second Treasury company I’ve seen selling
• Cory 🦢 Bitcoin @ Swan.com on X: Was too leveraged, at nearly 50%. In the initial raise, there was supposed to be significantly more in the PIPE, but at close it was $195M of equity, $189M of debt. Much more flexibility at lower leverage, eg for buybacks."
• Could the AI bubble pop? - YouTube
• BIP-444 Explained: The Bitcoin Soft Fork Proposal Dividing Developers and the Community
• Reduced Data Temporary Softfork by dathonohm · Pull Request #2017 · bitcoin/bips
• The BIP 444 proposal is incredibly bad
• Luke Dashjr on X: if someone mines CSAM, BIP 444 will activate to reject that block. The only way technically to then reject BIP 444 is to add a checkpoint pinning the CSAM in the chain"
• My Video on BIP-444: Ok, WTF Is going on with BIP-444? I

Music

• Kick It - By: Caroline Hale