Weekly Roundup 05/21/21(Taproot edges closer to activation, IRS demands reports for $10k txns, OCC reversal on Bitcoin?) (EP.215)

Matt and Nic are back for another volatile week. In this episode: 

• Nic's 72h fast
• Nic explains the Moscow time joke on Bloomberg
• Coinbase sells off
• Our explanations for the selloff
• Tax selling or Fed discussion of tapering?
• Taproot edges towards activation
• Eth monetary hardening - improving or impairing its monetary credibility?
• IRS demands cash transaction reports for transactions over $10k
• FinCEN doesn't inflation-index their reporting thresholds
• OCC reviews Brian Brooks' rules
• Will the new OCC be hostile to Bitcoin?
• Tom Emmer asks accounting regulators to revisit their accounting treatment of digital assets
• Elon suggests miners disclose their energy mix
• Should miners buy carbon offsets? 

Content mentioned in this episode: 

• Nic's appearance on Bloomberg
• NyMag, Jack Dorsey Says Bitcoin Can Make the World Greener

This episode supported by: 

• Sovryn, DeFi on Bitcoin
• Eventus, global leader in trade surveillance, market risk and transaction monitoring solutions