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The Sat Standard - November 16th

The Sat Standard - November 16th

Nov 16, 2019
The Sat Standard

The Sat Standard - November 16th

Thought of the week from Marty Bent:
This was low-key the most bullish week in Bitcoin in a while from a fundamental perspective that I can remember. We saw the emergence of dev tools like Polar, the release of specs for a new mining pool protocol that would materially aid in the further decentralization of mining, and the release of some open-source multisig tools. These developments won't get much hype in the mainstream, but they are incredible signs of the health and vitality of the Bitcoin project.

Thought of the week from Matt Odell:
Hardware wallets have quickly become the preferred method of bitcoin storage for many users and that trend will continue. The single biggest improvement to secure usage of bitcoin hardware will be tools that allows users to easily create multisig setups that leverage multiple brands in order to mitigate potential issues of any individual brand. If one device is compromised your keys still remain secure. The release of Caravan by Unchained Capital is a huge step in this direction - keep an eye on this space as we expect more multisig software to be released across the industry over the next year - 2020 will be the year of multisig.


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

  • ColdCard vulnerability disclosed and patched. Please update your firmware before using the SD card feature to send transactions
  • Unchained Capital announces open source Caravan multisig software
  • Stratum V2 initial specs released with main goal of reducing mining pool influence
  • Unknown Fund announces unconfirmed $75M bitcoin investment towards privacy projects
  • Digital Garage provides third grant to BTCPay Foundation worth $30k
  • Easily create regtest lightning networks with Polar


Dan Tapiero

  • Ray Dalio's recent note
  • Dan's views on the current macro landscape
  • Why Bitcoin is already established
  • Why it's hard for institutional investors to approach
  • Bitcoin + The American Revoultion
  • Critical thinking

Trace Mayer

  • Wyoming blockchain legislation
  • The institution of the nuclear family
  • Bitcoin + freedom
  • An update on Bitcoin's 7 network effects



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