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The Sat Standard - December 12th, 2020

The Sat Standard - December 12th, 2020

Dec 12, 2020
The Sat Standard

The Sat Standard - December 12th, 2020

Thought of the week from Marty Bent:
The better your money is at storing value, the more useful that money will be as a medium of exchange and unit of account. Few.

Thought of the week from Matt Odell:
Governments considering bitcoin restrictions? then then going forward.


  • Bitcoin Optech #127
  • Our boy Justin gets funded by Square Crypto
  • Brian Brooks non answer when asked about potential self custody restrictions
  • G7 Finance Ministers discuss the need for more bitcoin regulations
  • Our boy Jake sends out 'canary' tweet
  • Four Republican Congressmen send letter to Mnunchin defending self custody
  • French Finance Ministry to enact stricter bitcoin regs
  • Elliptic releases press release associating bitcoin privacy wallets with criminal intent
  • Mass Mutual buys $100M worth of bitcoin
  • Microstrategy borrowing money to buy more bitcoin


Rabbit Hole Recap - Thursday

Keith Levine

  • Punk Rock in the 1970s/1980s
  • Parallels between England in the early 80s and 2020
  • Record Labels as a centralizing force
  • Bitcoin as a force for good
  • Time preference
  • Great American Mining
  • Streaming payments

Jimmy Song

  • Sound Money as a moral imperative
  • How easy money corrupts society
  • The love of money is the root of all kinds of evil
  • Serving money or God
  • Positivism v. Natural Rights
  • Jesus flipping the table and kicking out the moneychangers

Wringing of the Rag


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