8-8-2025

Bitcoin goes fully offline with BitChat and eCash. The U.S. slaps gold tariffs, possibly setting up a revaluation play. Meme coin idiots disrupt WNBA games. Peony Lane reminds us legacy matters. And Jack Dorsey’s Block proves Bitcoin treasuries work when backed by real revenue.

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Episode 1143 of Bitcoin And . . . is LIVE!Topics for today:Trump Tariffs Shiny Metal RocksBitchat + eCash ExplainedBlock Makes Money AND Stacks SatsExchanges Moving To Bank CustodiansCircle P:Oshi Artisan pecan butter, date bars and chocolates Website: https://www.oshigood.us/products nostr Profile: https://primal.net/p/nprofile1qqswp94gnm4epqsgjkndl4lnd8krzdj5u4mzuppdtxksdymkty63g7gdurlfcToday’s Articles:https://archive.ph/GrsLNhttps://archive.ph/NAf40https://cointelegraph.com/news/memecoin-trend-sex-toys-thrown-wnba-games-2-arrestshttps://decrypt.co/334182/jack-dorsey-block-108-bitcoin-q2-higher-revenue-profithttps://www.theblock.co/post/366135/binance-bbva-client-assets-off-exchangehttps://atlas21.com/ukraine-central-bank-opens-up-to-cryptocurrencies-but-not-as-a-medium-of-exchange/https://bitcoinnews.com/adoption/bitcoin-indonesia-national-reserves/Once Bitten! With Larry Lepard: https://fountain.fm/episode/rcRwFoaELjpvv3ywi2fo Find the Bitcoin And Podcast on every podcast app here:https://episodes.fm/1438789088Find me on nostrnpub1vwymuey3u7mf860ndrkw3r7dz30s0srg6tqmhtjzg7umtm6rn5eq2qzugd (npub)6389be6491e7b693e9f368ece88fcd145f07c068d2c1bbae4247b9b5ef439d32 (Hex)Twitter:https://twitter.com/DavidB84567StackerNews:stacker.news/NunyaBidnessPodcasting 2.0:fountain.fm/show/eK5XaSb3UaLRavU3lYrIApple Podcasts:tinyurl.com/unm35bjh Mastodon:https://noauthority.social/@NunyaBidnessSupport Bitcoin And . . . on Patreon: patreon.com/BitcoinAndPodcastFind Lightning Network Channel partners here:https://t.me/+bj-7w_ePsANlOGEx (Nodestrich)https://t.me/plebnet (Plebnet)Music by:Flutey Funk Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 3.0 Licensecreativecommons.org/licenses/by/3.0/

BitChat is a clever way to send texts but it also sends cash in real time. It’s a full-blown peer-to-peer mesh network that lets you push real Bitcoin without touching a cell tower or Wi-Fi router. When you pair it with eCash, you’re suddenly moving sats like it's physical cash. "So?" you may ask. Here's a real-world example: Picture yourself at a protest and surveillance camerals ID you. Suddenly, your bank locks you out and you can't Venmo a fello protester cash. If you are a Bitcoiner, BitChat still lets you move value instantly, person to person. No internet. No custodian. No gatekeeper. The implications are massive. One quiet leap to sovereignty. One giant leap to exit the system.

https://archive.ph/GrsLN

Then there’s the gold story. I can’t believe how little coverage it’s getting. The U.S. just slapped a 39% tariff on kilo gold bars, Switzerland’s bread and butter when it comes to bullion exports. Gold popped to $3,500 an ounce on the news and you’ve got to wonder: is this about trade, or is it about creating an excuse to revalue U.S. gold holdings from $42 to market price? That smoke has been in the air for weeks. If it turns into fire, if Fort Knox gets revalued and the profit gets spun into Bitcoin, we’ll look back at this tariff as the starting gun. Wild to think about.

https://archive.ph/NAf40

Now for something dumber: meme coin clowns launched the “DILDO” token and decided to promote it by throwing green sex toys onto WNBA courts. Juvenile doesn’t begin to cover it. Two guys got arrested. The team behind the token says it’s a protest against crypto influencer culture. That may be, but throwing dildos at women playing basketball? It's like praying at the church of "Pathetic". If this is your meme coin marketing strategy, your coin deserves to go to zero.

After that mess, it was refreshing to read Ben Justman from Peony Lane Vineyards talking about legacy on Nostr. His dad bought land and planted grapes. Now Ben’s building on top of that legacy . . . with more legacy: the intent to pass it down again. That’s actual wealth. Not Lambos, not watches, not stupid things that you put on depreciation schedules. Land. Soil. Life. Skills passed down through the years. And it hit me: the destruction of legacy didn’t start with the war on the nuclear family. That was just a mop-up operation. The real fracture came when we abandoned multi-generational households and extended family life. That’s when we lost the continuity that makes true wealth possible.

To cap it off, Jack Dorsey’s Block added 108 BTC to its treasury and posted $6 billion in revenue. Real revenue. This is what corporate Bitcoin adoption should look like: stacking Bitcoin while shipping real products or services. That’s a model more companies should follow. Just do the work. Stack responsibly and build something real.

Jack Dorsey’s Block Adds 108 Bitcoin in Q2, Posts Higher Revenue and Profit - Decrypt
Dorsey’s fintech company now holds 8,692 BTC worth over $1.15 billion, according to the company’s latest 10-Q filing.

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