Matt and Nic return for another week of news and deals. In this episode:

BRC20 PEPE versus ERC20 PEPE
Is PEPE an alt right coin?
What’s driving up fees on Bitcoin?
The relationship between HEX, XEN, and VPMX
Bitcoin’s circular firing squad
The upside of high fees in Bitcoin
Why the White House’s DAME mining tax is counterproductive
What is the $18b tax loophole the Biden admin thinks crypto investors are taking advantage of?
What’s the deal with blue checks?
The difficulty of bootstrapping new social networks
Bittrex is filing for bankruptcy in the US
The Democratic messaging on the crypto hearing
The US chamber of Congress files an amicus brief in the Coinbase v SEC case
Texas passes a bill to support flare gas mining
The Wyoming Stable Token gets closer to becoming a reality
The US Chamber of Commerce amicus brief in the Coinbase v SEC case
Can the US government afford these interest rates?
Matt and Nic solve the debt crisis

Content mentioned in this episode:

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Coin Metrics State of the Network - Bidding on Bytes: A Bitcoin & Ethereum Fee Market Update
In this week’s report, the Coin Metrics team examines the underlying causes of the recent surge in transaction fees on Bitcoin and Ethereum and explore the implications of this development for the future.

Weekly Roundup 05/12/23 (BRC20 mania, are high fees good for Bitcoin, the Wyoming stable token) (EP.424)

On The Brink with Castle Island