Rabbit Hole Recap #234: Where's the money, Barry?!

This week Marty and Matt discuss: - winklevoss blast silbert https://www.nobsbitcoin.com/gemini-cofounder-cameron-public-letter/ - dcg fires 30% of employees at genesis https://www.wsj.com/articles/crypto-lender-genesis-lays-off-30-of-staff-11672939434 - dcg shutters wealth management division https://www.theinformation.com/articles/genesis-parent-company-dcg-shutters-its-wealth-management-division - silvergate lost $700m during ftx panic bank run https://www.wsj.com/articles/silvergate-raced-to-cover-8-1-billion-in-withdrawals-during-crypto-meltdown-11672895207 - coinbase pays NY Gov $50M implements stricter KYC https://www.nytimes.com/2023/01/04/business/coinbase-settlement-anti-money-laundering.html - electrum v4.3.3 https://github.com/spesmilo/electrum/blob/master/RELEASE-NOTES - zeus v0.7.1 https://github.com/ZeusLN/zeus/releases/tag/v0.7.1 - bdk v0.26.0 https://github.com/bitcoindevkit/bdk/releases/tag/v0.26.0 - rust whirlpool implementation https://github.com/straylight-orbit/whirlpool-client-rs - nunchuk adds collaborative custody subscriptions https://nunchuk.io/blog/introducing-the-honey-badger-wallet - fedimint hackathon https://www.fedi.xyz/fedimint-hackathon - new zoltan https://www.nobsbitcoin.com/content/files/2022/12/ZoltanPozsar-CreditSuisse-WarandCommodity-Encumbrance.pdf 10:30 - Opening riff 14:18 - Dashboard fakeout 16:12 - You could ski down the Dow Jones chart 19:50 - Dashboard for real 24:08 - Recession 31:53 - DCG 34:36 - Cameron Winklevoss's letter 36:11 - More DCG 40:19 - What's Gemini Earn? 47:24 - Cognitive dissonance of finance and crypto 50:25 - Humble stackers win out 52:32 - Luke Dashjr lost his coins 58:09 - Matt's new Coldcard guide 1:01:05 - Genesis cascade effect and Silvergate bank run 1:05:21 - IndyMac clip, volume warning 1:10:22 - Back to Silvergate 1:12:57 - Bitcoin over gold 1:18:52 - Bitcoin's marshmallow test 1:25:36 - Coinbase pays NY, gets stronger KYC 1:27:38 - Software updates lightning round 1:28:35 - Straylight Orbit 1:29:22 - Nunchuck 1:34:58 - The Coinbase ad 1:37:37 - Fedi hackathon 1:38:45 - Boostagrams 1:40:43 - Zoltan's back 1:45:25 - Closing riff Shoutout to our sponsors: Unchained Capital IVPN Coinkite TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast Follow Odell: Twitter Newsletter Podcast