Hot Bitcoin Summer

Conference hype vs. reality check. Plus, the big banks admit massive KYC/AML failures and then offer worse solutions. Plus, why the Ethereum ETF won't dethrone Bitcoin.

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Links:

• Asset manager says Trump admin may make Bitcoin strategic reserve asset (https://cointelegraph.com/news/asset-manager-trump-admin-bitcoin-strategic-reserve-asset)

• Trump to deliver potentially ‘historic’ message while at Nashville, TN Bitcoin conference - YouTube (https://www.youtube.com/watch?v=HIdKyua7EEg)

• Bitcoin as US reserve currency: Trump team reportedly considers adding BTC to Treasury | Kitco News (https://kitco.com/news/article/2024-07-19/bitcoin-us-reserve-currency-trump-team-reportedly-considers-adding-btc)

• Bitcoin 2024 - Nashville (https://b.tc/conference/2024)

• Eric Balchunas on X: "Here’s BlackRock’s Ether pitch to normies (https://x.com/ericbalchunas/status/1815525501152178615?s=12&t=E9EIlRX-vHxbQ8g23lQU3A)

• Banks Find AML “Ineffective”, Propose Access To Social Media (https://www.therage.co/banks-aml-inefficient-access-to-social-media/)

• About - Wolfsberg Group (https://wolfsberg-group.org/about/)

• Wolfsberg Group Statement on Effective Monitoring for Suspicious Activity.pdf (https://db.wolfsberg-group.org/assets/e3d83d2f-fad9-46d2-b5a9-3cf4e932f53f/Wolfsberg%20Group%20Statement%20on%20Effective%20Monitoring%20for%20Suspicious%20Activity.pdf?ref=therage.co)

• How Money & Banking Work (& why they’re broken today) - Lyn Alden - YouTube (https://www.youtube.com/watch?v=jk_HWmmwiAs)

• Principles for Dealing with the Changing World Order by Ray Dalio - YouTube (https://www.youtube.com/watch?v=xguam0TKMw8&t=6s)

• Proton Launches Proton Wallet (https://proton.me/blog/proton-wallet-launch)

• Alby Hub ✨Lightning sovereignty for everyone (https://blog.getalby.com/what-is-alby-hub/)

• hub on GitHub (https://github.com/getAlby/hub)

• Fold Is Set to List on NASDAQ with Over 1000 BTC in Corporate Treasury (https://www.nobsbitcoin.com/fold-is-set-to-list-on-nasdaq-with-over-1000-btc-in-corporate-treasury/)

• ACH Bill Pay Rewards – Fold (https://support.foldapp.com/hc/en-us/articles/27484681226267-ACH-Bill-Pay-Rewards?ref=blog.foldapp.com)

• Natalie Brunell ⚡️ on X: Bitcoin is the bridge from chaos to hope. (https://x.com/natbrunell/status/1811847045550080489)

Music:

• Cool Summer by Tony Salomone (https://podcastindex.org/podcast/6960746?episode=24897318548)