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The Sat Standard - June 6th, 2020

The Sat Standard - June 6th, 2020

Jun 6, 2020
The Sat Standard

The Sat Standard - June 6th, 2020

Thought of the week from Marty Bent:
It may be hard for people to believe, but we are witnessing the disintegration of the nation state right before our eyes. Things will be chaotic in the coming years but the grass will be much greener on the other side. The world is ridding itself of the wretched clown show known as modern day politics dominated by sociopaths. This process would be sped up if individuals realized their emotions are being manipulated by this dying class as they attempt to cling to power. Dividing people who have much more in common than it would seem at the moment.

Thought of the week from Matt Odell:
Coinbase is now selling surveillance software to the US Government. Brian Armstrong can virtue signal all he wants but actions speak louder than words.

If you use Coinbase, you should delete your account.
If you work at Coinbase, you should find a new job.
If your name is Brian Armstrong, you can kindly fuck right off.


  • Bitcoin Optech #100
  • Bitcoin Core v0.20.0 released
  • Coinbase intends to sell surveillance software to the US government
  • Trezor releases firmware update and bug disclosure
  • BTCPay says new trezor firmware breaks support
  • Trezor update breaks almost all third party software, if you use your trezor with bitcoin core, btcpay, electrum, wasabi, casa, and others consider waiting to update
  • Coinkite blog on the trezor vulnerability disclosure
  • ShiftCrypto announces they are no longer working on their node product
  • ShiftCrypto liquidation and new company formed
  • Original blog post didn't mention liquidation but it has now been changed
  • Electrum Personal Server v0.2.1 released
  • Square Crypto's sixth bitcoin development grant
  • BitMEX parent company provides $100k development grant to Gleb Naumenko
via The Block


Rabbit Hole Recap - Thursday

Cory Klippsten

  • Founding Swan
  • Bitcoin education
  • Dollar cost averaging
  • Cory's experience with tech startups + consulting
  • Bitcoiner Ventures

Karim Helmy

  • What's a nonce?
  • What we can learn from nonce distribution data
  • Mining hardware evolution
  • Getting into Bitcoin in 2017
  • Bitcoin as black market money
  • Hash rate indices from Coinmetrics
  • Viability of DeFi

Dr. James Todaro

  • Dr. Todaro's research on hydroxychloroquine as a treatment for COVID-19
  • The media backlash he's experienced
  • The censorship he and others have experienced
  • Debunking the recent study in The Lancet that claimed that hydrochloroquine increased chances of death
  • The shady company behind the study
  • Perverse incentives in the medical industry
  • The World Health Organization
  • Medicine Uncensored

Wringing Of The Rag

  • Monday - Issue #749: Absolutes and red lines
  • Tuesday - Issue #750: Collapse is upon us
  • Wednesday - Issue #751: Incredible breakdown of Bitcoin mining dynamics
  • Thursday - Issue #752: The network strengthens with Core v0.20.0
  • Friday - Issue #753: Truth must be sought


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