122: Weakest Links

The legacy system is breaking down as Bitcoin infrastructure builds up. From bond-market stress to Liquid’s 4,000 BTC crisis, the weakest links are showing.

Episode Links

• 🎉 Boost from the Web
• 🇺🇸 Buy Sats on River - The best way to stack in the US
• 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform
• 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning
• 🏦 Fold Card - Pay bills Stack Sats
• 💵 SALT Lending - Get access to your BTC Value w/out Selling
• ⚡ Strike - Ultra-low fees, high trading limits, and easy loans.

Show Notes

• Liquid Network Exploit Drains 4,000 BTC From Federation Reserves
• Liquid Network Hit by $320 Million Exploit
• Liquid Rangeproof Bug: Nobody Broke the Math
• Liquid Network Incident Technical Report
• Elements Fixes Rangeproof Cache Validation Bug
• Liquid Incident Working Theory
• Block Applies to Establish Builders Bank
• Block Seeks Bank Charter to Custody Bitcoin
• Bitcoin’s Overlooked Promise: Freedom
• Dan Morehead Says Bitcoin Will Massively Outperform Gold
• Failed Bond-Market Move Lights a Fire Under Bitcoin
• Dan Morehead Calls Bessent’s Bond Buyback a Mistake
• The 60/40 Portfolio and a Changing Monetary System
• Bond-Market Stress Spooks Investors
• Global Investors Sound the Alarm on Debt
• What Would a Fiscal Crisis Look Like?
• Warsh and Bessent Clash Over the Fed and Bond Market