RABBIT HOLE RECAP #343: THE SECOND AMERICAN REVOLUTION

Rabbit Hole Recap

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- Tether, Lightning Labs Announce USDT on Lightning Network https://www.nobsbitcoin.com/tether-lightning-labs-announce-usdt-on-lightning-network/

- The FDIC has released 175 internal documents on "Operation Chokepoint 2.0" https://www.fdic.gov/foia/correspondence-related-crypto-related-activities

- Block's Proto Partners with The 256 Foundation to Support Open-Source Bitcoin Mining https://www.nobsbitcoin.com/blocks-proto-partners-with-the-256-foundation-to-support-open-source-bitcoin-mining/

- The Human Rights Foundation Awarded All 11 Bitcoin Development Bounties https://www.nobsbitcoin.com/the-human-rights-foundation-awarded-all-11-bitcoin-development-bounties/

El Salvador | Lawmakers Scale Back Bitcoin Legal Tender Law

El Salvador’s congress amended its Bitcoin law, making private sector acceptance of Bitcoin voluntary. The reform follows a $1.4 billion loan agreement with the International Monetary Fund (IMF) that wanted to limit the government’s, citizens’, and economies’ exposure to Bitcoin. Salvadoran lawmaker Elisa Rosales said the latest reform guarantees Bitcoin’s “permanence as legal tender” while facilitating its “practical implementation.” But, John Dennehy, founder of the civil society organization Mi Primer Bitcoin, explained that the reform removed “all references of bitcoin as money or legal tender, plus the actual conditions, such as the government accepting bitcoin for things such as taxes, are now prohibited.” The future of freedom technology in El Salvador will be worth monitoring closely as the regime continues to erode protections on civil liberties. FinancialFreedomReport.org

- Sparrow Wallet v2.1.1: Lark for USB Signers, PSBTv2 Support & More https://www.nobsbitcoin.com/sparrow-wallet-v2-1-0/

- ZEUS v0.9.5: Easier Exporting of On-Chain Seed, Optimizations & More https://www.nobsbitcoin.com/zeus-v0-9-5/

- BDK Wallet v1.1.0: v2 Transactions in Tx Builder by Default, Testnet4 Support https://www.nobsbitcoin.com/bdk-wallet-v1-1-0/

- Rust-nostr v0.39.0: NIP-96, NIP-22 Helpers, Custom WebSocket Client Support & More https://www.nobsbitcoin.com/rust-nostr-v0-39-0/

- Damus Notedeck v0.3.0 (Alpha 2): Public Release https://www.nobsbitcoin.com/notedeck-v0-3-0-alpha-2/

- Lockbox Relay https://primal.net/e/note1qqqydxxwdsndc5wzg4xuc32z00wwemuyglvrp5ax2kn76lhj0m6smpkdpf

- Trump announces Sovereign Wealth Fund https://primal.net//e/note1ql20qsnc42jrkamx6lpvh8ffn4ekyhqrkuzvca60ucmyfj23hh7q2set07

0:00 - Intro

2:59 - America’s feeling rowdy

4:53 - Dashboard - Mempools cleared

16:01 - USAID

38:02 - Sovereign Wealth Fund

44:59 - Trump and Israel

49:07 - Tether LN

57:49 - FDIC Chokepoint 2.0 FOIA

1:05:16 - Microstrategy rebrand

1:08:31 - Block Proto & 256 Foundation

1:10:00 - HRF Bounties

1:13:59 - HRF Story of the Week

1:18:36 - Reverse Repo draining

1:19:31 - Boosts

1:28:49 - Software updates

1:36:04 - Sovereign Wealth clip

1:40:00 - Fewsats

1:43:36 - Bread and circuses

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