This Week in Bitcoin

<p>Roger Ver has presented an alternative narrative about Bitcoin's history. I've read it, so you don't have to. </p> <p>Why he's trying to regulate the blocksize wars, and my response to his claims that Bitcoin's true potential has been stolen. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB </p> <p>**LINKS:<br /> ** </p> <ul> <li><a href="https://www.youtube.com/watch?v=zwOowwL8-_A">Recent Interview w/Roger Ver</a></li> <li><a href="https://www.youtube.com/watch?v=1mrkT2ite_8&t=1915s">Inside The Blocksize Wars with Adam Back and Jonathan Bier - YouTube</a></li> <li><a href="https://decrypt.co/225038/this-week-in-coins-bitcoin-ends-on-a-downer-as-rival-bitcoin-cash-shines">This Week in Coins: Bitcoin Ends on a Downer as Rival Bitcoin Cash Shines - Decrypt</a></li> <li><a href="https://studio.glassnode.com/metrics?a=BTC&m=supply.ActiveMore5YPercent">Bitcoin: Supply Last Active 5+ Years Ago - Glassnode Studio</a></li> <li><a href="https://studio.glassnode.com/metrics?a=BTC&m=supply.ActiveMore2YPercent">Bitcoin: Supply Last Active 2+ Years Ago - Glassnode Studio</a></li> <li><a href="https://github.com/bitcoin/bips/blob/master/bip-0101.mediawiki">bips/bip-0101.mediawiki at master · bitcoin/bips</a></li> <li><a href="https://www.nobsbitcoin.com/mutiny-wallet-v0-6-2/">Mutiny Wallet v0.6.2: Federated Lightning Addresses for Mutiny+ Users</a></li> <li><a href="https://nostr.com/note18jdxtqvwvk6a83p6rq569m5k423n5777zmquz9zatktu5spzu0wsmz636r">ZEUS v0.8.3 is now available</a></li> <li><a href="https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM">Amazon.com: The Blocksize War: The battle over who controls Bitcoin’s protocol rules</a></li> </ul> <p><strong>Music:</strong> </p> <ul> <li><a href="https://podcastindex.org/podcast/6852157">So Many Years by TJ Wong</a></li> </ul>

<p>More pro-Bitcoin voices are featured, but are some wolves in sheep's clothing? I'll examine the Pomp Problem and the Bitcoin beachhead spreading from state to state. Why the market bracing for higher inflation for longer, is not great news for Bitcoin in the short term. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB </p> <p><strong>Links:</strong> </p> <ul> <li><a href="https://www.wsj.com/economy/central-banking/its-a-higher-for-longer-world-for-rates-and-thats-ok-e8e8459a">It’s a Higher-for-Longer World for Rates, and That’s OK - WSJ</a></li> <li><a href="https://www.blackrock.com/us/individual/insights/blackrock-investment-institute/weekly-commentary">Weekly market commentary | BlackRock Investment Institute</a></li> <li><a href="https://www.marketplace.org/2024/03/29/fed-chair-powell-inflation-economy-interest-rates-monetary-policy-federal-reserve/">Fed chair: Focusing solely on inflation is “no longer appropriate” - Marketplace</a></li> <li><a href="https://thehill.com/business/4572776-fed-officials-consider-leaving-rates-higher-for-longer/">Fed officials consider leaving rates higher for longer | The Hill</a></li> <li><a href="https://www.nytimes.com/2024/04/03/business/economy/fed-chair-awaits-more-inflation-cooling-as-path-proves-bumpy.html">Fed Chair Powell Wants Inflation to Cool More - The New York Times</a></li> <li><a href="https://twitter.com/dennis_porter_/status/1775676131112542554?t=E9EIlRX-vHxbQ8g23lQU3A">The State of Louisiana Passes a Bill To Protect Your ‘Fundamental Bitcoin Rights’</a></li> <li><a href="https://www.satoshiaction.io/">Satoshi Action Fund</a></li> <li><a href="https://www.youtube.com/watch?v=QJUs_XwYQmo">Bitcoin’s risk/reward ratio will blow your mind - YouTube</a></li> <li><a href="https://www.coindesk.com/learn/blockfis-rise-and-fall-a-timeline/">BlockFi’s Rise and Fall: A Timeline</a></li> <li><a href="https://twitter.com/HODL15Capital/status/1775529080034570675">Mr. 100" bought 100% of new supply of Bitcoin over the last 2 days</a></li> <li><a href="https://www.nobsbitcoin.com/mutiny-wallet-v0-6-1/">Mutiny Wallet v0.6.1: New Home Screen, Nostr Profile Setup, Federation Discovery & Recommendations</a></li> <li><a href="https://discuss.grapheneos.org/d/11860-vulnerabilities-exploited-in-the-wild-fixed-based-on-grapheneos-reports">Vulnerabilities exploited in the wild fixed based on GrapheneOS reports - GrapheneOS Discussion Forum</a></li> <li><a href="https://www.lightspark.com/news/coinbase-selects-lightspark">Coinbase Selects Lightspark for Lightning</a> </li> <li>🔄 Lightspark’s SDKs, APIs, and developer tools streamline Lightning Network integration, while Lightspark Predict optimizes liquidity requirements and routing in real time.</li> <li>🔐 Coinbase will use Lightspark’s remote-key signing implementation, allowing Coinbase to benefit from a scalable and reliable node infrastructure without managing Lightning keys.</li> <li>This seems to be after a team internally looked at standing up Lightning.</li> <li><a href="https://twitter.com/BitcoinIsaiah/status/1775538540954128677">This was the guy formerly in charge of implementing Lightning at Coinbase 💀</a></li> <li><a href="https://www.nobsbitcoin.com/tether-awards-100k-grant-to-btcpay-server-foundation/">Tether Awards $100K Grant to BTCPay Server Foundation</a></li> </ul> <p><strong>Resource of the Week:</strong> </p> <ul> <li><a href="https://bitcoinhalving.live/">Bitcoin Halving Countdown Clock</a></li> </ul> <p><strong>Music:</strong> </p> <ul> <li><a href="https://podcastindex.org/podcast/6736415?episode=17777519591"></a></li> </ul>

<p>Blackrock's CEO has become openly bullish on Bitcoin, why he's taking a victory lap this week. This halving will actually be different, and I'll make the case why. Plus, a new project that could replace Lightning for the plebs. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB </p> <p><strong>Links:</strong> </p> <ul> <li><a href="https://www.grayscale.com/research/reports/2024-halving-this-time-its-actually-different">2024 Halving: This Time It’s Actually Different</a></li> <li><a href="https://www.cnbc.com/2024/03/27/sec-scores-big-win-in-lawsuit-against-crypto-exchange-coinbase.html">SEC scores big win in lawsuit against crypto exchange Coinbase</a></li> <li><a href="https://twitter.com/joecarlasare/status/1772986598335885340?t=E9EIlRX-vHxbQ8g23lQU3A">Joe Carlasare on X</a> - SOL deflationary statements</li> <li><a href="https://twitter.com/brian_armstrong/status/1773015852503417100">Brian Armstrong 🛡️ on X</a></li> <li><a href="https://www.nobsbitcoin.com/introducing-hedgehog/">Hedgehog: Protocol for Asynchronous Layer 2 Bitcoin Payments</a></li> <li><a href="https://github.com/supertestnet/hedgehog">hedgehog on GitHub</a></li> <li><a href="https://www.youtube.com/watch?v=spDS7q6uRkY">The Future of Warfare | Jason Lowery | TEDxDAU - YouTube</a><ul> <li><a href="https://www.amazon.com/Softwar-Projection-National-Strategic-Significance/dp/B0BW358F37?ref_=ast_author_mpb">Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin: Lowery, Jason Paul: 9798371524188: Amazon.com: Books</a></li></ul></li> <li><a href="https://www.reddit.com/r/Bitcoin/comments/12yltuy/us_national_defense_fellow_at_mit_major_jason/">US National Defense Fellow at MIT, Major Jason Lowery: Blaming Bitcoin to protect your failing hegemony is not going to help you</a></li> </ul> <p><strong>Music:</strong> </p> <ul> <li><a href="https://podcastindex.org/podcast/6847198?episode=20489755437">Money Maker</a></li> </ul>

<p>The first shots were fired in the battle to bring the rest of "crypto" to the ETF market—the impact on Bitcoin and why the SEC might not be the hero we need. </p> <p>Plus project updates, the historically bad week for one Bitcoin ETF, your boosts, and more. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB </p> <p><strong>Links:</strong> </p> <ul> <li><a href="https://fortune.com/crypto/2024/03/20/sec-gary-gensler-ethereum-security-commodity-crypto-foundation/?s=09">SEC probing crypto companies in Ethereum investigation as hopes for ETF dim</a> </li> <li><a href="https://www.coindesk.com/markets/2020/07/11/sale-of-the-century-the-inside-story-of-ethereums-2014-premine/">Sale of the Century: The Inside Story of Ethereum’s 2014 Premine</a> </li> <li><a href="https://twitter.com/EricBalchunas/status/1770793028631888207">GBTC getting a ‘second wind’ of outflows, $1.4b this week along, now double any other ETF in outflows YTD</a></li> <li><a href="https://twitter.com/zerohedge/status/1770055737462440294">in a day when GBTC saw record liquidations (to meet bankruptcy obligations of Genesis and others) and when bitcoin tumbled, Blackrock’s IBIT saw a surge of inflows. ETF demand is relentless and price indiscriminate</a></li> <li><a href="https://www.nobsbitcoin.com/robosats-v0-6-0-alpha/">RoboSats v0.6.0-alpha: The Federation Layer</a></li> <li><a href="https://stacker.news/items/469058">Bisq 2 AMA</a></li> </ul> <p><strong>Music</strong> </p> <ul> <li><a href="https://twitter.com/The_BTC_Patriot/status/1767979823782048039">Hodl.80 IQ.Patriot on X: “This is awesome”</a></li> </ul>

<p>This week, we'll discuss the high-signal mind virus spreading around the community, why the Saylor strategy has Jim Cramer salty, the final word on ETF centralization, and if we should stop calling it the Blockchain and start calling it the Timechain. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWiB </p> <p>**Links:<br /> ** </p> <ul> <li><a href="https://bitcoinatlantis.com/">Bitcoin Atlantis – A Bitcoin conference in the Atlantic</a></li> <li><a href="https://dergigi.com/2021/01/14/bitcoin-is-time/">Bitcoin Is Time | dergigi.com</a><ul> <li><a href="https://21-ways.com/">21 Ways - 21 Ways To Look At Bitcoin</a></li></ul></li> <li><a href="https://twitter.com/jackmallers/status/1765546079687233690">Jack Talk Mallers on X</a></li> <li><a href="https://twitter.com/LawrenceLepard">Lawrence Lepard</a></li> <li><a href="https://twitter.com/olvelez007/status/1764830727827341780?t=E9EIlRX-vHxbQ8g23lQU3A">Bitcoin Flips Silver</a></li> <li><a href="https://twitter.com/BitcoinPierre/status/1763631462484414884">Pierre Rochard on X: "BREAKING: the Biden Administration is cancelling the fake #Bitcoin mining “emergency”</a> </li> <li><a href="https://www.youtube.com/watch?v=AQJgoBQwnCM">Michael Saylor: Bitcoin’s ‘Gold Rush’ Has Started: 2024-2034, Why Smart Money is Buying #Bitcoin - YouTube</a></li> <li><a href="https://twitter.com/Dennis_Porter_/status/1765468422530609517">Dennis Porter on X: "ARIZONA SENATE PASSES RESOLUTION TO CONSIDER ADDING THE #BTC ETF TO AZ STATE PENSIONS</a></li> <li><a href="https://twitter.com/TFTC21/status/1763352695568781398">Lyn Says the ETFs are like an API for Fiat</a></li> <li><a href="https://timechaincalendar.com/en">Time Chain calendar . Com</a></li> <li><a href="https://www.wavlake.com/btc-minstrel">BTC Minstrel</a> - | <a href="https://www.wavlake.com/track/c73d06ee-ee9a-4253-aad3-8ea9b2b8d9bc">What Shall We Do With Michael Saylor</a></li> </ul>

<p>Has Jeff finally got Bitcoin FOMO? I'll look at the numbers that's got everyone speculating. Then, my thoughts on the White House's next attack on Bitcoin and the notable shift in the public store of value debate. </p> <p>**Show Notes: </p> <p>**<a href="https://coingape.com/white-house-flags-bitcoin-mining-as-major-power-grid-burden/">White House Flags Bitcoin Mining as Major Power Grid Burden</a> </p> <ul> <li><a href="https://twitter.com/CGasparino/status/1762525370455032023?">Fox Biz Reporter talks with WH</a></li> <li><a href="https://blockworks.co/news/bitcoin-mining-production-january">Miners’ bitcoin production dipped in January amid energy curtailment - Blockworks</a><ul> <li><a href="https://twitter.com/dsbatten/status/1759483070070272353?t=E9EIlRX-vHxbQ8g23lQU3A">How Bitcoin mining stabilized the grid and saved Texans $18Billion</a></li> <li><a href="https://twitter.com/dsbatten/status/1758796183114551420?t=E9EIlRX-vHxbQ8g23lQU3A">Bitcoin Energy FUD Busting</a></li> <li><a href="https://twitter.com/dsbatten/status/1757605305658249330?t=E9EIlRX-vHxbQ8g23lQU3A">3 Indy Institutes in just six months with research showing Bitcoin supports renewable transition</a></li> <li><a href="https://news.bitcoin.com/potential-reprieve-for-bitcoin-miners-with-upcoming-difficulty-adjustment-following-record-hike/">Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment</a></li> <li><a href="https://foreman.mn/blog/demand-response/">Demand Response And Curtailment Through Bitcoin Mining</a></li></ul></li> </ul> <p><strong>Updates:</strong> </p> <ul> <li><a href="https://www.nobsbitcoin.com/grapheneos-v2024022300/">GrapheneOS v2024 022 300: New Setup Wizard, New Color Schemes</a> <ul> <li>Completely new GrapheneOS Setup Wizard implementation for the initial setup of the device and secondary user profiles;</li> <li>Theme Picker: update color schemes including adding the monochromatic colorscheme option;</li> <li>Sandboxed Google Play compatibility layer: add support for Android Auto 11.3</li> <li>Sandboxed Google Play compatibility layer: add developer functionality for updating Android Auto via the Play Store for testing;</li></ul></li> <li><a href="https://www.nobsbitcoin.com/green-wallet-desktop-v2-0-0/">Blockstream Green Wallet Desktop v2.0.0: New UI and UX</a></li> <li>New UI and UX: the user experience has been simplified and streamlined with a more polished, intuitive interface for easier access to key features;</li> <li>All-in-one UX: use your existing wallets for both your Bitcoin and Liquid accounts across singlesig and assisted multisig. You have the flexibility to choose whether to combine Bitcoin and Liquid accounts or not, and thus to organize your mainchain and second-layer stacks as you deem fit.;</li> <li>Simpler onboarding for new Jade users, minimizing ambiguity and errors during the initial setup;</li> <li>Sign with address to prove its ownership.</li> <li><a href="https://www.pricedinbitcoin21.com/landing">PricedInBitcoin21</a></li> <li><a href="https://app.thebitcoincompany.com/signup?ref=UNPLUGGED">The Bitcoin Company Promo Link</a></li> </ul>