The Sat Standard - Bitcoin Weekly - June 19 2021

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The Sat Standard
This week in bitcoin. Straight to the point. No bullshit. Every Saturday.
Thought of the week from Marty Bent:
Those in the mining industry who are able to execute and take advantage of the great mining exodus out of China will come to dominate over the next decade. 

Thought of the week from Matt Odell:
Bitcoin is a marathon, not a sprint.

The overwhelming majority of people who try to trade bitcoin get rekt eventually. I have no idea where the bitcoin price will go short term so I simply stay humble and stack.
TOP STORIES
  • Bitcoin Optech #153
  • Taproot upgrade has locked in, activation expected in november 
  • Criminals mailing ledger customers compromised hardware wallets 
  • US Bitcoin Mining Council formally launches 
  • NY Electricians' union successfully fights bitcoin mining ban 
  • G7 leaders say ransomware is a priority 
  • Ukrainian raids arrest six tied to CLOP ransomware 
  • Biden and Putin meet for four hours with US threatening "cyber response" to ransomware 
  • US Dems form "cryptocurrency working group
  • Microstrategy keeps buying bitcoin 
  • Microstrategy considering stock sale 
  • Swiss broker Relai raises $2.7M 
  • FastBitcoins now available in Australia 
  • Russell Okung's letter to the Nigerian government as local support for bitcoin increases 
  • Bitcoin Beach article in business week 
  • New guide from econoalchemist on coldcard + sparrow
PODCASTS

  • Chase Perkins
    • Building a VPN that leverages Lightning Network routing nodes
    • Data transfer and user privacy on the Internet
    • Building an API that allows individuals to build privacy preserving apps that leverage Lightning
    • The second iteration of the Internet
    • Node management
Wringing Of The Rag
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Marty's Ƀent - June 18th, 2021 - Issue #1016

Friday, June 18, 2021

Friday, June 18th 2021 - Issue #1016 Capital misallocation is leading to dangerous externalities The world is entrenched in a collective insanity being driven by many individuals who have decided they

Marty's Ƀent - June 17th, 2021 - Issue #1015

Thursday, June 17, 2021

Thursday, June 17th 2021 - Issue #1015 The noise is only going to get louder. Put your blinders on. Jimmy Iovine explaining why race horses wear blinders. In July of 2017 HBO released a documentary

Marty's Ƀent - June 16th, 2021 - Issue #1014

Wednesday, June 16, 2021

Wednesday, June 16th 2021 - Issue #1014 Political risk in the wild As Chinese miners embark on their exodus out of the country in lieu of the mining bans that have been mandated across multiple

Marty's Ƀent - June 15th, 2021 - Issue #1013

Tuesday, June 15, 2021

Tuesday, June 15th 2021 - Issue #1013 Taproot, inflation, and adoption It's been a whirlwind of a seven days for Bitcoin fundamentals. Last week started with El Salvador passing a law that

Marty's Ƀent - June 14th, 2021 - Issue #1012

Tuesday, June 15, 2021

Monday, June 14th 2021 - Issue #1012 Layer 3 begins to bud Impervious.ai is building I keep telling you freaks, there are many people who are overlooking the Lightning Network and the utility it

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