Update 2026-01-21-socratic-seminar-28.md

Author: tradewind886

_posts/2026-01-21-socratic-seminar-28.md

@@ -26,23 +26,23 @@ Learn about bitcoin development. Share, debate, and discuss trade offs in progre
 
 ### wallet migration bug causes Core v30 and v30.1 to be removed 1/6/2026
 - the issue: wallet/ directory can be deleted during the migration process in core V30
-      - doesn't effect modern wallets >v.20
-      - not that "rare", normal use can result in this bug (pruned nodes or corrupted db log data)
+      1. doesn't effect modern wallets >v.20
+      2. not that "rare", normal use can result in this bug (pruned nodes or corrupted db log data)
 - wallet migration -> convert wallet.dat BDB key-values to Sqlite descriptor wallets
 - why this bug popped up now?
-        - migration wasn't mandatory before v30
-        - proposed fixes to failed migrations broke tests
-        - legacy wallets use the root wallet/ directory
-        - legacy wallets are unnamed by default called \[default wallet\]
+        1. migration wasn't mandatory before v30
+        2. proposed fixes to failed migrations broke tests
+        3. legacy wallets use the root wallet/ directory
+        4. legacy wallets are unnamed by default called \[default wallet\]
 - what are legacy wallets?
-      - wallet.dat private keys vs descriptors
-      - BerkeleyDB vs Sqlite
-      - Past issues with BerkeleyDB -- Bitcoin uses a specific version (4.8.30) of BerkeleyDB  chosen by Satoshi to fit Bitcoin's MIT license(?)
-              - block 225430 (2013)
-              - inflation bug (CVE-2018-17144 2018)
+      1. wallet.dat private keys vs descriptors
+      2. BerkeleyDB vs Sqlite
+      3. Past issues with BerkeleyDB -- Bitcoin uses a specific version (4.8.30) of BerkeleyDB  chosen by Satoshi to fit Bitcoin's MIT license(?)
+              1. block 225430 (2013)
+              2. inflation bug (CVE-2018-17144 2018)
 - the fix so far (v30.2, v31)
-        - remove wallets, not the folder
-        - long term: remove wallet functionality in Core entirely
+        1. remove wallets, not the folder
+        2. long term: remove wallet functionality in Core entirely
 
 [Core Announcement](https://x.com/bitcoincoreorg/status/2008284092983369886)
 
@@ -110,6 +110,17 @@ BIP 2 was written in 2016. This BIP revisits aspects of the BIP 2 process th
 
 [link](https://github.com/bitcoin/bips/blob/master/bip-0003.md)
 
+
+### Venezuela could be sitting on a big Bitcoin stash
+
+Following the United States’ capture of Nicolás Maduro, a report came out claiming that Venezuela had $60 billion stored in Bitcoin—leading to speculation that the U.S. could lay claim to cryptocurrency as well as oil. Despite numerous reports of the huge Venezuelan Bitcoin stash, however, a crypto forensic firm is skeptical of the claims.
+
+Venezuela Bitcoin Mining industry had been a victim of the regime which could explain the rumor
+
+[link](https://www.cnbc.com/2026/01/06/venezuela-could-be-sitting-on-a-big-bitcoin-stash-experts-say-heres-what-could-happen-next-.html)
+
+[A Venezuelan Escape Story with Mauricio and Daniel Di Bartolomeo](https://www.youtube.com/watch?v=IGMsg9b1vhc)
+
 ### YouTube-alternative video app Rumble implements Bitcoin tipping
 Rumble, a video-sharing platform with over 51 million monthly users, is partnering with Tether to roll out tipping in Bitcoin (and other crypto) by mid-December. The move aims to empower creators with additional monetisation tools beyond ads.