Pre-ShowFederal Reserve Threatens to Sue Bitcoin Magazine Over FEDNOW Parody Merch (https://www.nobsbitcoin.com/fed-threatens-to-sue-bitcoin-magazine/)The rollout of FedNow, a realtime payments system, has been predictably slow (https://archive.ph/uZJ25#selection-2527.101-2527.109) with a focus on bank-to-bank xfersIt compares favorably with the adoption of RTP (https://www.theclearinghouse.org/payment-systems/rtp), a private realtimes payment networkRTP is faster and cheaper (https://www.moderntreasury.com/learn/what-is-rtp) than ACH or wire xfers but expensive compared to the bitcoin lightning networkMasterCard has a brief history (https://www.mastercard.com/news/perspectives/2023/real-time-payments-what-is-rtp-and-why-do-we-need-instant-payments/) of real time paymentsBut fraud is still an unsovled problem (https://www.fico.com/blogs/what-authorised-push-payment-fraud) even on these more modern payment railsNewsThe Kollider lightning derivatives exchange is shutting down (https://twitter.com/kollider_trade/status/1720428682072772708) after failing to find enough traders willing to use lightningCyrpto VC and Bitcoin writer Nic Carter has been distributing bounties (https://archive.ph/wYX5L) to debunk the Wall Stree Journal, a financial newspaper, article that claimed Hamas' recent terrorist attack was funded by 'crypto'As SBF is found guilty on all chargers, the WSJ has an interesting profile of Do Kwan (https://archive.ph/7ZYLo), the founder of the bankrupt Terra-Luna algorithmic stablecoin systemEconomicsAnother U.S. regional bank (https://www.financialexpress.com/business/investing-abroad-citizens-bank-closed-the-federal-deposit-insurance-corporation-fdic-appointed-as-receiver-3296943/) has failed, but its small and probably doesn't matter?PrivacyKraken is complying with the US IRS' John Doe summons (https://bitcoinmagazine.com/business/kraken-begins-notifying-customers-it-will-send-their-data-to-the-irs-this-november-?ref=nobsbitcoin.com) turning over large amounts of data on customers with more than $20k in tradesAltcoinsSafeMoon not safe from the US Dept of Justice (https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar), who have arrested several founders on fraud chargesBitcoin EducationBitcoin optech covers discussions around bitcoin scripting (https://bitcoinops.org/en/newsletters/2023/11/01/), the main divergence appears to be more expressive (computationally expensive) script, vs a witness model where the logic/computation lives off chain but he blockchain holds FeedbackRemember to get in touch [email protected] or @bitcoindadpod (https://mobile.twitter.com/bitcoindadpod) on twitterConsider joining the matrix channel (https://matrix.to/#/#bitcoin:jupiterbroadcasting.com) using a matrix client like element (https://element.io/get-started), details here (https://www.jupiterbroadcasting.com/community/matrix/)Thank you BoostersIf you get some value from this show, please consider sending a boost. Hearing from you means a lot to us!Send a Boost via the Podcast Index web page. No Podcast app upgrade required. Install Alby (https://getalby.com/)Find the Bitcoin Dad Pod on the Podcast Index (https://podcastindex.org/podcast/5049889)Boost right from the page!Send a re-ocurring or one-off lightning boost to the show with no message at [email protected] or directly to Chris at [email protected] for ValuePodcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/)Recomended Podcasting2.0 apps:Fountain (https://www.fountain.fm/) podcast app (Android)Podverse (https://podverse.fm/) (Cross platform and self hostable) + Alby (https://getalby.com/) for boostsCastamatic (https://apps.apple.com/us/app/castamatic-podcast-player/id966632553) (Apple)Sponsors and AcknowledgementsMusic by Lesfm from PixabaySelf Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)
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