122: Weakest Links
<p>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.</p> <p><strong>Episode Links</strong></p> <ul> <li>🎉 <a href="https://boost.jupiterbroadcasting.com/?show=twib">Boost from the Web</a></li> <li>🇺🇸 <a href="https://partner.river.com/jupiter">Buy Sats on River</a> - The best way to stack in the US</li> <li>🇨🇦 <a href="https://www.bitcoinwell.com/jupiter">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li> <li>💳 <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li> <li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC">Fold Card</a> - Pay bills Stack Sats</li> <li>💵 <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG">SALT Lending</a> - Get access to your BTC Value w/out Selling</li> <li>⚡ <a href="https://invite.strike.me/0J3RYF">Strike</a> - Ultra-low fees, high trading limits, and easy loans.</li> </ul> <p><strong>Show Notes</strong></p> <ul> <li><a href="https://bitcoinmagazine.com/news/alleged-white-hat-hackers-withdraw-4000-bitcoin-from-blockstreams-liquid-network-federation-reserves">Liquid Network Exploit Drains 4,000 BTC From Federation Reserves</a></li> <li><a href="https://www.coindesk.com/markets/2026/09/07/bitcoin-network-used-by-exchanges-hit-by-usd320-million-exploit-hackers-claim-they-re-the-good-guys">Liquid Network Hit by $320 Million Exploit</a></li> <li><a href="https://drop.amboss.tech/liquid-rangeproof-explainer.html">Liquid Rangeproof Bug: Nobody Broke the Math</a></li> <li><a href="https://gist.github.com/1440000bytes/211ac92dd4433bb1a2e674bf0ff7db2e">Liquid Network Incident Technical Report</a></li> <li><a href="https://github.com/ElementsProject/elements/commit/c26d719c29">Elements Fixes Rangeproof Cache Validation Bug</a></li> <li><a href="https://liquid-incident-brief-llf-20260906.fly.dev/">Liquid Incident Working Theory</a></li> <li><a href="https://investors.block.xyz/investor-news/news-details/2026/Block-Applies-to-Establish-Builders-Bank-a-National-Trust-Bank/default.aspx">Block Applies to Establish Builders Bank</a></li> <li><a href="https://decrypt.co/377746/jack-dorseys-block-applies-for-bank-charter-to-custody-bitcoin">Block Seeks Bank Charter to Custody Bitcoin</a></li> <li><a href="https://partners.wsj.com/the-nakamoto-project/bitcoin-reframed/bitcoins-overlooked-promise-freedom/">Bitcoin’s Overlooked Promise: Freedom</a></li> <li><a href="https://www.coindesk.com/markets/2026/02/03/bitcoin-will-massively-outperform-gold-over-10-years-says-pantera-s-dan-morehead">Dan Morehead Says Bitcoin Will Massively Outperform Gold</a></li> <li><a href="https://finimize.substack.com/p/one-failed-bond-market-move-just">Failed Bond-Market Move Lights a Fire Under Bitcoin</a></li> <li><a href="https://finance.yahoo.com/markets/crypto/articles/panteras-dan-morehead-calls-bessents-030555504.html">Dan Morehead Calls Bessent’s Bond Buyback a Mistake</a></li> <li><a href="https://finance.yahoo.com/markets/crypto/articles/60-40-portfolio-may-100-153442766.html">The 60/40 Portfolio and a Changing Monetary System</a></li> <li><a href="https://www.openingbelldailynews.com/p/economic-outlook-bond-market-stocks-investors-trump-tariffs-wall-street-fed">Bond-Market Stress Spooks Investors</a></li> <li><a href="https://realeconomy.rsmus.com/market-minute-global-investors-are-sounding-the-alarm-on-debt/">Global Investors Sound the Alarm on Debt</a></li> <li><a href="https://www.crfb.org/papers/what-would-fiscal-crisis-look">What Would a Fiscal Crisis Look Like?</a></li> <li><a href="https://www.cnn.com/2026/08/27/business/market-bonds-fed-bessent-warsh">Warsh and Bessent Clash Over the Fed and Bond Market</a></li> </ul>
