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The Sat Standard - February 1st, 2020

The Sat Standard - February 1st, 2020

Feb 1, 2020
The Sat Standard

The Sat Standard - February 1st, 2020

Thought of the week from Marty Bent:
Abolish the Bank Secrecy Act. KYC/AML laws do provably way more harm than good, they burden businesses with unnecessary compliance costs, and when the elites break these rules nothing happens to them. People shouldn’t have to constantly feed insecure third party databases their social security number and exactly where they live. Time for the authorities to roll up their sleeves and do some actual detective work.

Thought of the week from Matt Odell:
Every text, email, call, photo, payment, search, location - nearly every facet of our lives - collected, indexed, and stored insecurely to be used against us at will. We live in a world where relatives voluntarily add their DNA samples to growing databases and friends pay Amazon or Google to wiretap their houses. This is not acceptable. We must push back. Have some self respect.


Whiskey fueled discussion of the topics every week on Rabbit Hole Recap

From Da Block


Matt Corallo and Val Wallace from the Square Crypto

  • How Val came to work on LN
  • How Square Crypto chose Lightning Development Kit
  • What LDK would do for developers building on LN
  • Having a team able to focus on a singular open source project
  • Are we pawns?
  • Bitcoin fee elasticity
  • Dev funding
  • Stratum v2
  • Probability of Bitcoin's success
  • Follow Matt on Twitter
  • Follow Val on Twitter

Wringing Of The Rag

  • Monday - Issue #660: The facade of control is gone
  • Tuesday - Issue #661: Regulators hate privacy
  • Wednesday - Issue #662: Bitcoin, a dirty little secret
  • Thursday - Issue #663: Reminder Thursday
  • Friday - Issue #664: Accountability - where the hell did it go?


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