In this weeks episode Darrin and JJ talk about their experience at The 2013 Porcupine Freedom Festival – Porcfest X : Bitcoin vending : Bitcoin Magazine and Vitalik Buterin : Silver sold out at fest for some vendors : Using Bitcoin to buy and Sell with smartphones : Software Dev tips for Bitcoin Wallets : Shire Silver : Bitcoin Survey discusses bitcoin awareness and trust : Hyperinflation
Episode Theme: PRIVACY; Wikileaks denied donation, NSA collecting Verizon phone records, AP phone records seized, PGP keys, Tor Browser, Virtual Private Networks, Bitcoin anonymity, Porcfest
In-studio guest Pedro talks about why he switched from mining litecoin to mining bitcoin : issues with GPU mining : Bitmessage, a P2P encrypted email system : quantum computers and encryption : Bitcoin blockchain compression and trust-free nodes : point of sales transactions : open source development
The US Department of Homeland Security blocks Dwolla from working with Mt. Gox : The Bitcoin 2013 Conference : A round up of recent Venture Capital investments into Bitcoin companies : Changes to the Bitcoin-qt client : A movie is coming out called Peer to Peer : Bitcoin Foundation and Bitcoin lobbyists heading to Washington D.C.
In episode 3 of the Neocash Radio podcast we had a chance to talk to Jon Holmquist from BitcoinStore.com. Jon told us about how in the first quarter of being in business BitcoinStore.com had $500,000.00 in sales proving that there is a market in selling electronics for Bitcoin. The store sells a large variety of electronics and offers a dollar price so you can compare it to other sites.
Curious? Listen to the interview!
This episode featured two interviews from prominent bitcoin businesses. The first was an interview with Jon Holmquist from bitcoinstore.com, an online discount electronics retailer. The second interview was with Zach Harvey from Lamassu BTC Ventures, the worlds first bitcoin ATM. We also discuss possible changes to the bitcoin-qt client as well as reasons why bitcoin will succeed.
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This is an exciting episode. Current issues are discussed including Coinlab and mtgox’s likely court battle, Max Keiser’s battle with the bankers, the proliferation of alternate chains. A breakdown of China’s state television broadcast involving bitcoin is discussed. Jerry even stops buy to discuss his well-meaning adventures on the bitcointalk.org forum. The uncertainty of the current economic state of the world including central banks reaction with Quantitative easing. It’s never a dull week when considering finance and bitcoin.
Bitcoin and crypto-currencies in general can be difficult to understand by many. Even the tech-savvy have questions with this new breed of digital commerce. Part of the idea behind Neocash Radio is breaking down the idea into easy to digest and understand components. We are trying to make the topics available for all audiences.
Starting out we have a micro-podcast that simply explains how bitcoin works and how you can remain secure with your coins. This tutorial is meant for newbies so we try to avoid too much technical jargon. There is much to understand if you want to have all the information necessary to make an informed decision. If you want to have a better grasp on bitcoin and litecoin, take a listen to this micro-cast:
The next step in the process deals with wallets. Wallets, much like real life, hold your coins and serve as an address book for people you send coins to. This is where security really gets important. Your wallet, just like your physical wallet, must be protected from theft and there are a few ways to do this. If you are looking for information on how to set up a wallet online, on your computer, and on your smart phone take a listen to this micro-cast:
Finally in order to fully understand the entire bitcoin process you need to have an idea how the coins are created. You also need to understand how the ledger — or blockchain — is created and maintained. This is the fundamental core of the crypto-currencies. When an individual wants to send bitcoins to someone else what they are actually doing is broadcasting a message to the network, in effect saying, I am sending X coins to X address. Unlike credit cards and dollar transactions the exchange of bitcoins and litecoins is a one-way conversation. If you want to better understand mining, take a listen to this
We are always looking for better ways to explain these ideas and if you have an questions, comments, or suggestions please let us know. You can send me an email at jj AT neocashradio.com (replace the spaces and AT with @).