RABBIT HOLE RECAP #369: BITCOIN IS GOING MUCH HIGHER

Update: 2025-08-07

Description

- Tornado Cash CoFounder Roman Storm Found Guilty of Unlicensed Money Transmission Conspiracy https://www.therage.co/roman-storm-trial-split-verdict-tornado-cash/

- SEC Commissioner Hester Pierce Slams Bank Secrecy Act https://www.therage.co/sec-commissioner-hester-pierce-slams-bank-secrecy-act/

- OpenSats Impact Report: Developer Libraries https://opensats.org/blog/advancements-in-developer-libraries

- Strike Business Bill Pay https://x.com/jackmallers/status/1952758452259889155

- Strike loans live in Missouri https://x.com/Strike/status/1953101356568305773

- SLNT Now Accepting Bitcoin https://primal.net/e/nevent1qqszqm64sqkrp6jn64zsxwz8y7vjkavgt4jjujlc3mmpeh3l2rzxy4gfrttf5

- EU Chat Control Coming in October https://www.zerohedge.com/technology/chat-control-eu-proposal-scan-all-private-messages-gains-momentum

- Burma | Invasive Cybersecurity Law Comes into Full Effect

In January, this newsletter reported on a repressive cybersecurity law enacted by the military junta in Burma that empowers officials with sweeping controls over digital spaces. Last week, that law came into full effect. It criminalizes the use of VPNs, mandates that platforms store and hand over user data to officials upon request, and allows authorities to shut down Internet access at will. It also empowers regime-aligned law enforcement with the absolute authority to check citizens’ phones on the street. Penalties include up to six months in prison for sharing posts deemed “misinformation” or for using encrypted apps (like VPNs) to access information. Reports have already surfaced of police extorting bribes from people at checkpoints for having VPNs or “illegal social media” like X, Facebook, or YouTube on their phones. The law poses immediate threats to journalists and activists critical of the military regime or using privacy tools. Amid the junta’s effort to stage a sham election to expand militarized control, this deepens Burma’s retreat from civic freedoms and shrinks the already fragile space for independent voices and the free flow of information. FinancialFreedomReport.org

- OpenAI GPT-OSS 120B https://primal.net/e/nevent1qqsw9z858hlpxkyc2h2kza9svqzu38hprs45pn334uprecggfw3gqtgpwwskw

- Primal iOS 2.3.56 https://primal.net/e/nevent1qqswmxlw8tdt7k375a0qvutdfx3pagd3lu8khxhyycjy3z7qpj5t9ssrpej07

0:00 - Intro

2:35 - Higher

6:50 - Dashboard

12:02 - Roman Storm found guilty

25:54 - SEC commissioner slams BSA

31:38 - EU chat control

36:50 - Ministry of Truth

40:11 - OpenSats

44:01 - Strike announcements

48:25 - Boosts