Intro Wild speculation that @elonmusk killed #terraluna with their #Bitcoin sale at 30k, killed all the degens, What a legend 🤣 (https://twitter.com/julianhosp/status/1549907211975294977) Crypto skeptic David Gerard has a current list of exchanges with red flags (https://davidgerard.co.uk/blockchain/2022/07/07/crypto-collapse-exchange-troubles-binances-friends-with-machine-guns/) News Chinese citizens are emigrating but concerned about taking their wealth (https://www.bloomberg.com/news/articles/2022-07-19/xi-s-strict-covid-zero-policy-in-china-pushes-wealthy-to-leave-country?sref=CV3b9v13) with them while a collapsing real estate bubble (https://www.theguardian.com/world/2022/jul/19/mortgage-strikes-threaten-chinas-economic-and-political-stability) that might take down the financial sector is slowing economic growth Economics Russia using dollars as unit of account but UAE dirhams as payment (https://www.reuters.com/business/energy/exclusive-russia-seeking-oil-payments-india-dirhams-sources-document-2022-07-18/) The real story might be China's compounding economic decline (https://static1.squarespace.com/static/62b9e19d9649156910ed385a/t/62d22f68dd30f9676a685198/1657941865563/EDU+Weekly+Dive+Money+Macro+Pro+2022-07-15+china+gdp+ip+rs+fai+unemployment.pdf) masked by the Zero-Covid policy ECB hikes rates to 0%, first raise in 10 years, but clearly not enough to tame inflation (https://www.reuters.com/markets/europe/ecb-finally-join-rate-hike-club-with-big-move-agenda-2022-07-20/) While simultaneously printing money with the Transmission Protection Instrument (TPI) plan, intended to cap the rise in borrowing costs across the currency bloc as policy tightens. Tokenomics Scaramuchi's Skybridge Capital gates fund (https://web3isgoinggreat.com/?id=anthony-scaramuccis-skybridge-capital-suspends-redemptions-from-crypto-exposed-fund) Amy Castor on the Solend Whale story (https://amycastor.com/2022/06/20/the-tale-of-a-whale-who-took-solends-money/), she's a hater but gets this story right Chainlink God's L1 Rotation Thesis (https://chainlinkgod.medium.com/the-layer-1-chain-rotation-thesis-a-retrospective-analysis-3cbd2dcdc1f8) is a good retrospective on the 2021 mania written by a degenerate altcoiner Energy Debunking Digiconomist Bitcoin Energy FUD (https://www.youtube.com/watch?v=lDhCvNFUDvo) by Ben Gagnon Chief Mining Officer of Bitfarms Privacy Chainalysis' article on mixers (https://blog.chainalysis.com/reports/cryptocurrency-mixers/), cited in last week's Ars article, conflates coinjoin with mixing and is a load of nonsense Brother Rabbit, anon of the Samourai Dev Team, describes coinjoin privacy (https://bitcoinmagazine.com/technical/how-bitcoin-anonymity-sets-work) Bitcoin Education Bitcoin Optech #208 (https://bitcoinops.org/en/newsletters/2022/07/20/) focuses on discussions of the inflationary (or not) effects of tail emissions (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-July/020665.html) and dealing with fee sniping (https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-July/020702.html) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter Consider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started) Corrections Jamal Kashogi, the murdered Saudi journalist, wrote for the Washington Post, not the New York Times The S in 'PIGS' stands for Spain Value for Value Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Recomended Podcasting2.0 apps: Fountain (https://www.fountain.fm/) podcast app (Android) Podverse (https://podverse.fm/) (Cross platform and self hostable) Castamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)+ Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) Sponsors and Acknowledgements The Adopting Bitcoin Conference (https://adoptingbitcoin.org/2022/) November 15, 16 & 17, 2022 in El Salvador, use promo code BITCOINDAD for a 21% discount Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)