Fake BLS Data Moves Bitcoin Down Slightly Along with Stock Market | CryptoDad's Live Q&A
The CryptoDad The CryptoDad
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 Published On Streamed live on Jun 8, 2024

Tonight we'll cover the latest pullback in Bitcoin and the broader cryptocurrency market. This was mostly due to the release of government employment figures yesterday. It was a typical "good news is bad news" scenario where the strength of the job market increased the odds that the Fed would keep interest rates higher for longer. And the chances of a rate decrease in the near future fell. Most analysists are predicting that we will not see a decrease in rates until September.
Of course, the BLS job data is highly manipulated. And almost no one with half a brain cell is buying it any more.

Discussion Topic:
Let's talk about security certification and what it means for crypto hardware wallets. Many people are obsessed with their wallets being open source. I contend that this is an impossible ideal, even if open source was completely foolproof, which it is not. What's more important is vigorous 3rd party testing. And that's where security certifications come in.

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Agenda:
Security Certification
Does Open source really apply to Hardware devices? and does it even matter?
Q & A

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Recommended Video:Bitcoin Q&A: Can You Trust a Hardware Wallet to Generate Your Seed?
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💡 DISCLAIMER: This video is for educational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies.

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