Rabbit Hole Recap

RABBIT HOLE RECAP #385: HAPPY THANKSGIVING

21 snips
Nov 28, 2025
Hosts delve into the launch of a new self-custody wallet and discuss Tether's surprising position as a major gold holder. They explore the implications of JP Morgan's activities related to Bitcoin equities, speculating on potential motives. The White House's Genesis Mission for AI garners attention alongside amusing Thanksgiving anecdotes from the hosts. With insights on Bitcoin payments and cluster mempool improvements, the conversation wraps up with reflections on security risks tied to social media platforms.
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ADVICE

Buy Coldcard During Sales

  • Buy a Coldcard during sales to upgrade your security; use QR/NFC with phone wallets for easier UX.
  • Use Marty Bent's guide and Bull Bitcoin wallet to broadcast via NFC and keep keys air-gapped.
INSIGHT

Rumble Integrates Self-Custody Wallet

  • Rumble launched a self-custody wallet built on Tether's open SDK and plans Lightning support.
  • The wallet supports USDT, Tether Gold, and on-chain Bitcoin, integrating Spark for Lightning backend.
INSIGHT

Tether's Reserves Defy Conventional FUD

  • S&P downgraded Tether while noting its Bitcoin holdings as a risk, despite strong treasury reserves.
  • Tether also became a major independent gold holder, complicating mainstream FUD narratives.
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