STAY HUMBLE STACK SATS | RABBIT HOLE RECAP #358

Rabbit Hole Recap

- Japan's Prime Minister says his country's financial situation is worse than that of Greece https://fortune.com/2025/05/19/us-debt-top-holder-japan-fiscal-crisis-worse-than-greece/

- Steak and Shake begins accepting bitcoin at all locations https://x.com/TFTC21/status/1923235083978146165

- Nostr passes five million bitcoin transactions https://stats.nostr.band/#total_zaps

- Wallet of Satoshi returning to America with self custody product https://x.com/walletofsatoshi/status/1923875750165479768

- China | Injects Billions to Stabilize Economy

The Chinese Communist Party (CCP) has injected $138 billion in liquidity through interest rate cuts and a 0.5% reduction in banks’ reserve requirements, in effect expanding the money supply by 12.5% year-over-year. While the state eases monetary conditions to prop up a fragile system, ordinary citizens are left scrambling to preserve the value of their savings. Bitcoin/CNY trading volumes jumped over 20% in response, as people sought refuge from a weakening yuan. But while some can quietly escape to harder money, others are trapped in a system that treats access to money as a privilege. In Hunan, an elderly woman in a wheelchair died outside a bank after being forced to appear in person to withdraw her own money for medical care. Too weak to pass mandatory facial recognition scans, she collapsed after repeated failed attempts. FinancialFreedomReport.org

- Sparrow Wallet v2.2.1: Recent Blocks View, Improved Camera, Tor & P2A Updates https://www.nobsbitcoin.com/sparrow-wallet-v2-2-1/

- Cake Wallet v4.28: Payjoin v2 Support https://www.nobsbitcoin.com/cake-wallet-v4-28/

- BlueWallet v7.1.8 brings numerous bug fixes, dependency updates, and a new search feature for addresses and transactions https://github.com/BlueWallet/BlueWallet/releases

- Nunchuk Android v1.9.68.1 and iOS v1.9.79 introduce support for custom blockchain explorers, wallet archiving, re-ordering wallets on the home screen via long-press, and an anti-fee sniping setting https://github.com/nunchuk-io/nunchuk-android/releases/tag/android.1.68.1

- Nostur v1.21.0, a Nostr client for Mac, iPhone, and iPad, adds support for follow packs, Blossom servers (uploading and mirroring), post previews for picture-only posts, an audio-only bar, and other enhancements https://github.com/nostur-com/nostur-ios-public/releases/tag/1.21.0

- Telegram shares data on 22,777 users in Q1 2025, a significant increase from the 5,826 users' data shared during the same period in 2024 https://www.404media.co/telegram-gave-authorities-data-on-more-than-20-000-users/

0:00 - Intro

2:35 - Open water bitcoin

7:55 - Dashboard and Pizza Day

16:44 - Opportunity Cost app

21:03 - Japanese bonds

29:16 - Big Beautiful Tax Bill

31:57 - Steak n' Shake

41:12 - 5M zaps

45:18 - Wallet of Satoshi returning to America

50:47 - MSTY

58:57 - HRF Story of the Week

1:04:01 - Open water floating

1:21:23 - Software updates

1:31:18 - Telegram data sharing

1:35:31 - Clickbait and AI

1:18:50 - Software updates

1:28:45 - Telegram data sharing

1:32:58 - Clickbait and AI

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