Rabbit Hole Recap #234: Where's the money, Barry?!

<p>This week Marty and Matt discuss:</p> <p>- winklevoss blast silbert https://www.nobsbitcoin.com/gemini-cofounder-cameron-public-letter/</p> <p>- dcg fires 30% of employees at genesis https://www.wsj.com/articles/crypto-lender-genesis-lays-off-30-of-staff-11672939434</p> <p>- dcg shutters wealth management division https://www.theinformation.com/articles/genesis-parent-company-dcg-shutters-its-wealth-management-division</p> <p>- silvergate lost $700m during ftx panic bank run https://www.wsj.com/articles/silvergate-raced-to-cover-8-1-billion-in-withdrawals-during-crypto-meltdown-11672895207</p> <p>- coinbase pays NY Gov $50M implements stricter KYC https://www.nytimes.com/2023/01/04/business/coinbase-settlement-anti-money-laundering.html</p> <p>- electrum v4.3.3 https://github.com/spesmilo/electrum/blob/master/RELEASE-NOTES</p> <p>- zeus v0.7.1 https://github.com/ZeusLN/zeus/releases/tag/v0.7.1</p> <p>- bdk v0.26.0 https://github.com/bitcoindevkit/bdk/releases/tag/v0.26.0</p> <p>- rust whirlpool implementation https://github.com/straylight-orbit/whirlpool-client-rs</p> <p>- nunchuk adds collaborative custody subscriptions https://nunchuk.io/blog/introducing-the-honey-badger-wallet</p> <p>- fedimint hackathon https://www.fedi.xyz/fedimint-hackathon</p> <p>- new zoltan https://www.nobsbitcoin.com/content/files/2022/12/ZoltanPozsar-CreditSuisse-WarandCommodity-Encumbrance.pdf </p> <p>10:30 - Opening riff<br /> 14:18 - Dashboard fakeout<br /> 16:12 - You could ski down the Dow Jones chart<br /> 19:50 - Dashboard for real<br /> 24:08 - Recession<br /> 31:53 - DCG<br /> 34:36 - Cameron Winklevoss's letter<br /> 36:11 - More DCG<br /> 40:19 - What's Gemini Earn?<br /> 47:24 - Cognitive dissonance of finance and crypto<br /> 50:25 - Humble stackers win out<br /> 52:32 - Luke Dashjr lost his coins<br /> 58:09 - Matt's new Coldcard guide<br /> 1:01:05 - Genesis cascade effect and Silvergate bank run<br /> 1:05:21 - IndyMac clip, volume warning<br /> 1:10:22 - Back to Silvergate<br /> 1:12:57 - Bitcoin over gold<br /> 1:18:52 - Bitcoin's marshmallow test<br /> 1:25:36 - Coinbase pays NY, gets stronger KYC<br /> 1:27:38 - Software updates lightning round<br /> 1:28:35 - Straylight Orbit<br /> 1:29:22 - Nunchuck<br /> 1:34:58 - The Coinbase ad<br /> 1:37:37 - Fedi hackathon<br /> 1:38:45 - Boostagrams<br /> 1:40:43 - Zoltan's back<br /> 1:45:25 - Closing riff </p> <p>Shoutout to our sponsors:</p> <p><a href="https://unchained.com/concierge/">Unchained Capital</a></p> <p><a href="https://www.ivpn.net/">IVPN</a></p> <p><a href="https://coinkite.com/">Coinkite</a></p> <p>TFTC Merch is Available:</p> <p><a href="https://merch.tftc.io/">Shop Now</a></p> <p>Join the TFTC Movement:</p> <p>Main <a href="https://www.youtube.com/c/TFTC21/videos">YT Channel</a></p> <p>Clips <a href="https://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQ">YT Channel</a></p> <p><a href="https://tftc.io/">Website</a></p> <p><a href="https://twitter.com/tftc21">Twitter</a></p> <p><a href="https://www.instagram.com/tftc.io/">Instagram</a></p> <p>Follow Marty Bent:</p> <p><a href="https://twitter.com/martybent">Twitter</a></p> <p><a href="https://tftc.io/martys-bent/">Newsletter</a></p> <p><a href="https://tftc.io/podcasts/">Podcast</a></p> <p>Follow Odell:</p> <p><a href="https://twitter.com/ODELL">Twitter</a></p> <p><a href="https://tftc.io/the-sat-standard/">Newsletter</a></p> <p><a href="https://citadeldispatch.com/">Podcast</a></p>