Bitcoin is way up, but so are its transaction fees. Jaxx halts integrating Monero into its wallet app. Invisible, fileless malware infects banks around the globe. Wells Fargo says it’s “obligated” to see the Dakota Pipeline built. Anti-fascist protesters go full-on fascist at UC Berkeley. Randy listened to 1984 AND booked a hotel room using Bitcoin on his roadtrip. All this and more on the Neocash Radio podcast, episode 193 — Wednesday, February 8th, 2017!
We’ve written out short overviews of the topics discussed on today’s show below! Be sure to listen in to the whole podcast to get more information, insights, and thoughts on each of them from JJ, Darren, and Randy!
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|Traditional Markets||Crypto Markets|
|Gold $1,240||Bitcoin (BTC) $1,054|
|Silver $17.75||Litecoin (LTC) $3.94|
|Oil $52.38||Zcash (ZEC) $34.65|
|Dow Jones 20,054 points||Ethereum (ETH) $11.35|
|30Y UST Yield 2.95%||DASH $17.14|
|Euro (EUR) $1.07||Monero (XMR) $12.72|
|Chinese Yuan (CNY) $0.14||Augur REP $4.51|
|British Pound (GBP) $1.25||1 Doge = 1 Doge|
Unconfirmed Bitcoin transactions have been piling up, and Reddit is ablaze with all kinds of speculation as to why, including one strange theory claiming it could be some bizarre Bitcoin Unlimited marketing plan… but Darren thinks it could just be large volume transaction mixing.
Related listening: We’ve also got a special bonus interview with Roger Ver that we recently posted! Listen in as Bitcoin Angel Investor and Bitcoin.com CEO Roger Ver talks with us about how the current Bitcoin block size limit is throttling the Bitcoin network, and how Bitcoin Unlimited could be poised to increase the block size and allow the Bitcoin network to scale.
The Jaxx wallet app will NOT be integrating Monero payments, citing technical difficulties that would not allow them to preserve anonymity, which of course would defeat the stated purpose of Monero.
Cybersecurity experts at Kaspersky Lab claim that networks belonging to at least 140 banks and other enterprises have been infected by malware, but there are no files to find. This malware, possibly derived from Stuxnet, lives solely in the memory of the compromised computers, helping it remain nearly invisible.
First, Obama blocked the Dakota Pipeline. Then Trump said it’s back on. NOW, Wells Fargo CEO Tim Sloan is chiming in, claiming: “We have an obligation. We are one of 17 banks providing a credit facility to one of our customers to build the pipeline. That credit facility was properly vetted and independently reviewed within Wells Fargo, and we thought it made sense.” Classy, Wells Fargo. Classy.
Related listening: In episode 173, we discussed 5,300 Wells Fargo employees getting fired after opening 2 million phony accounts to artificially boost sales figures.
“Anti-Fascist” Protesters Go Fascist at UC Berkeley Milo Yiannopoulos event
Looting and violent protests at UC Berkeley garnered national attention this week. An organiser of the protest, Yvette Felarca—and her group “By Any Means Necessary”—is unapologetic and boldly promises more destruction. You can hear her on the local news below:
Felarca is a vocal critic of Milo Yiannopoulos, who can be very harsh with his words, but is certainly more civil than Felarca. Though she accuses Milo of coming to “attack the community” with his words, she is calling for violent protests that actually are attacking the community. Felarca is a middle school teacher by trade, and was suspended with pay last year related to violence at another protest. Felarca sued to be reinstated at her position, yet after receiving her job back, her suit seeking damages continues.