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The Sat Standard - April 18th, 2020

The Sat Standard - April 18th, 2020

Apr 18, 2020
The Sat Standard

The Sat Standard - April 18th, 2020

Thought of the week from Marty Bent:
Bitcoin is slowly becoming embedded into some of the largest industries in the world. This is very good, but it's also to be expected. Bitcoin is a revolutionary technology. If you're reading this, you're early to the revolution.  

Thought of the week from Matt Odell:
Payjoin usage improves the privacy of all bitcoiners by breaking the common input ownership heuristic - when used at scale you can no longer assume all inputs belong to the sender when analyzing bitcoin transactions. The main caveat being the receiver must be available to accept the payment since data needs to be exchanged off chain. Small merchants using BTCPay Server are ideal candidates - their storefronts are already online.

There are now three wallets with payjoin integration, although they are currently incompatible with each other: Joinmarket, Samourai Wallet, and BTCPay Server. Blockstream Green Wallet, Blue Wallet, and Wasabi Wallet are preparing integrations based on BTCPay's implementation.


via Blockstream
  • Protesting is a "non essential activity"
  • Surveillance programs escalate worldwide using coronavirus as an excuse
  • Most popular ethereum chain explorer has added a blacklist tool
  • Maker foundation lawsuit
  • Central banks recommend global stablecoin ban, notable ethereum stakeholders caught off guard but they shouldn't be
  • Libra pivots to simple single currency stablecoin model
  • 9th anniversary of online poker Black Friday
  • VPN releases mobile wireguard compatible apps
  • Stephan Livera podcast with Rafael Yakobi on bitcoin privacy legality
  • Marty on Bitcoin Magazine mining focused livestream
  • Matt on Citizen Bitcoin podcast


Rabbit Hole Recap - Thursday

Steve Barbour

  • Steve's experience in the Oil & Gas industry before Bitcoin
  • Difference between an electrical and mechanical engineer
  • The problem Bitcoin mining solves for the O&G industry
  • Difference between building on the grid and off the grid
  • Why Bitcoin is so important
  • Building a business slowly

Great American Mining

  • What Great American Mining is doing
  • The journey and lessons learned along the way
  • Different energy sources and how they affect the decisions of mining operations
  • Miners biggest problem; finding cheap power at scale
  • Austin's journey with Bearbox
  • How mining is ruthless capitalism
  • Solving problems for oil companies
  • The future of mining in North America

Wringing Of The Rag

  • Monday - Issue #715: People are going mad
  • Tuesday - Issue #716: Don't let fear win
  • Wednesday - Issue #717: GAM: Bringing Hash Power to North America
  • Thursday - Issue #718: WeChat, but without the surveillance
  • Friday - Issue #719: BTCPay Server adds Payjoin


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