This Week in Bitcoin Chris Fisher

The surprising legal win Bitcoin scored this week and the brewing battle on the horizon. My three takeaways from the newly released Bitcoin 13F Filings, and great news for Bitcoin mining.

Sponsor: http://podhome.fm
Promo Code: TWIB

LINKS:


Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison in the NetherlandsLyn Alden on X: “Criminalizing the mere development and publication of code is an ugly precedent. If published in a book or a blog, it would mean the book or blog is illegal. An illegal order of numbers and letters. Very different than actually using code maliciously.” / XSens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash chargesCasten, Foster, Sherman, Cleaver Introduce Legislation to Temporarily Prohibit Crypto Mixers | U.S. Congressman Sean CastenText of the Bill PDF

IBEX Pay Suspends Services in the United States

Asaf Givoli on X: “🚀🌊 #Bitcoin mining in 🇵🇾 #Paraguay just got greener! Using 💯% renewable 💧 hydro-power, we’re not just mining, we’re educating! Join the movement as we power up 📚 #BitcoinEducationacross Latin America. 🌱🙌 #GreenMining #CryptoFuture #BTC https://t.co/3zbz3k1ggv” / XDaniel Batten on X: “Another nation state leader attests to the benefits of bitcoin mining Kenya has 10 GW of geothermal energy alone, 9 GW of which is completely untapped Bitcoin mining can unlock Kenya’s energy abundance, bringing renewable energy online that otherwise would have been unviable” / XBitcoin Archive on X: “BREAKING: 🇦🇷 Argentina to mine #Bitcoin using stranded gas with 1,200 bitcoin mining machines - Forbes 🔥 https://t.co/IWSxpH5okP” / X

Three takeaways from Bitwise CIO’s weekly memo to investors.The State of Wisconsin Investment Board reports the following positions: BlackRock Bitcoin ETF: $99,167,688 (2,450,400 shares) Grayscale BTC: $63,687,310 (1,013,000 shares) This is a small part of a massive…"

bordalix/helm-wallet: The lightning wallet even your grandma can use

MusicI Need a Little by The Retrograde

The seven reasons Bitcoin's price is tanked, updates on the Samurai Indictment, and why the godmother of Modern Monetary Theory thinks it's childish for governments to be held to budgets.

Sponsor: http://podhome.fm
Promo Code: TWIB

LINKS:
JPY/USD: Japanese Yen’s Slide and Dramatic Rebound Are Just the Start - BloombergJapan is wrong to try to prop up the yenBitcoin (BTC) Trades At Slight Premium in Yen (JPY) Terms Amid Suspected BOJ InterventionYen Drops to 155 against USD. Currency Collapse at Work, -32% against USD since 2021, -50% since 2012 | Wolf StreetDOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion | The BlockMicrosoft Word - Tornado Cash Govt Opp to Motions vF.docxSamourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M BondAlert on Cryptocurrency Money Services BusinessesWarren and Cassidy Send Bipartisan Letter to DOJ and DHS to Stop Crypto in the Illegal Trade of Child Sexual Abuse Material | U.S. Senator Elizabeth Warren of MassachusettsFed rate decision May 2024: Fed holds rate steadyFederal prosecutors are examining financial transactions at Block, owner of Cash App and SquareTrampoline payments Final Clip of the Week
Author Stehpanie Kelton goes on the Daily Show to make case for MMT and why governments shouldn’t have the same financial constraints of “businesses and households”Music
Self Destruct by The Trusted

The Samourai Wallet founders were arrested, what we know at this point, as well as El Salvador's Chivo Wallet hack. Plus, some good news for Bitcoin's improvement proposal process, my thoughts on the Epic halving sat bidding, and why Runes won't go away anytime soon.

Sponsor: http://podhome.fm
Promo Code: TWIB

LINKS:
Epic halving sat BiddingSamourai Wallet Founders Arrested and Charged With Money LaunderingSouthern District of New York | Founders And CEO Of Cryptocurrency Mixing Service Arrested And Charged With Money Laundering And Unlicensed Money Transmitting Offenses | United States Department of Justice[bitcoindev] Adding New BIP EditorsEl Salvador’s Chivo Wallet Source Code & VPN Access Leaked
WalletScrutiny - Know your wallet like you built it.Zeus v0.9.0-alpha1Jack Mallers on X: "Announcing Strike Europe 🇪🇺Bullet Proof Stacker Self-Custody Links:
Buy Sats on RiverLearn RoboSatsAQUA WalletSparrow Bitcoin Wallet - Sparrow WalletGreen: Bitcoin Wallet on the App StoreMusic
Play Guitar by Doerfel Family Bluegrass

The Bitcoin halving is here, but are Runes crashing the party? I'll explore how the halving could impact Bitcoin mining, the macro signs that indicate short-term price swings are probable, and why everyone is concerned Runes might cause a spike in transaction fees.

Sponsor: http://podhome.fm
Promo Code: TWIB


LINKS:
Runes – Casey Rodarmor’s BlogBitcoin Suddenly Braced For A $35 Trillion Halving Price EarthquakeA bitcoin halving is imminent. Here’s what that means. - CBS NewsWhat bitcoin halving could mean for investors and minersBlockstream Green: Simple and secure Bitcoin walletAQUA WalletRiver Referal LinkLearn RoboSatsWhat is KYCCraig Wright Discontinues Tulip Trading Case in Major Win for Bitcoin Developers🚨 attention lnd node operators that have upgraded or are considering upgrading to bitcoind 27 🚨US Senator Cynthia Lummis says high ranking government officials feel threatened by Bitcoin - YouTubeMUSIC: 
Leave It Alone - June & The Jets

Roger Ver has presented an alternative narrative about Bitcoin's history. I've read it, so you don't have to.

Why he's trying to regulate the blocksize wars, and my response to his claims that Bitcoin's true potential has been stolen.

Sponsor: http://podhome.fm
Promo Code: TWIB

LINKS:


Recent Interview w/Roger VerInside The Blocksize Wars with Adam Back and Jonathan Bier - YouTubeThis Week in Coins: Bitcoin Ends on a Downer as Rival Bitcoin Cash Shines - DecryptBitcoin: Supply Last Active 5+ Years Ago - Glassnode StudioBitcoin: Supply Last Active 2+ Years Ago - Glassnode Studiobips/bip-0101.mediawiki at master · bitcoin/bips
Mutiny Wallet v0.6.2: Federated Lightning Addresses for Mutiny+ UsersZEUS v0.8.3 is now available
Amazon.com: The Blocksize War: The battle over who controls Bitcoin’s protocol rulesMusic:
So Many Years by TJ Wong

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.

Sponsor: http://podhome.fm
Promo Code: TWIB

Links:



It’s a Higher-for-Longer World for Rates, and That’s OK - WSJWeekly market commentary | BlackRock Investment InstituteFed chair: Focusing solely on inflation is “no longer appropriate” - MarketplaceFed officials consider leaving rates higher for longer | The HillFed Chair Powell Wants Inflation to Cool More - The New York Times
The State of Louisiana Passes a Bill To Protect Your ‘Fundamental Bitcoin Rights’Satoshi Action Fund
Bitcoin’s risk/reward ratio will blow your mind - YouTubeBlockFi’s Rise and Fall: A Timeline


Mr. 100" bought 100% of new supply of Bitcoin over the last 2 days

Mutiny Wallet v0.6.1: New Home Screen, Nostr Profile Setup, Federation Discovery & RecommendationsVulnerabilities exploited in the wild fixed based on GrapheneOS reports - GrapheneOS Discussion ForumCoinbase Selects Lightspark for Lightning 🔄 Lightspark’s SDKs, APIs, and developer tools streamline Lightning Network integration, while Lightspark Predict optimizes liquidity requirements and routing in real time.🔐 Coinbase will use Lightspark’s remote-key signing implementation, allowing Coinbase to benefit from a scalable and reliable node infrastructure without managing Lightning keys.This seems to be after a team internally looked at standing up Lightning.This was the guy formerly in charge of implementing Lightning at Coinbase 💀Tether Awards $100K Grant to BTCPay Server FoundationResource of the Week:
Bitcoin Halving Countdown ClockMusic:
Element Zero By: Reel Richard