Episode 166 – My Coin is Better Than Yours

The Central Bank of Zimbabwe doesn’t want people to use Bitcoin. A circuit court in Florida finds that Bitcoin is not money. Arcade City may have big issues. An update about Ethereum, Ethereum Classic, and the almost religious zealotry found on reddit and the forums. Central banks are bracing for a crash or recession. EU may create a list of crypto-users.

 

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Traditional Markets

Gold    $1350

Silver    $20.29

Oil    $41.38

Dow Jones    18,432

30-year treasury yield 2.182%

 

Crypto Markets

BTC    $633

LTC    $3.96

ETH    $11.76

DASH    $9.30

1DOGE = 1DOGE

 

News

Zimbabwe warns about Bitcoin use

https://cointelegraph.com/news/zimbabwe-central-bank-warns-bitcoin-use-no-regulations-yet

Bitcoin can’t be considered money – Court Precedent set

http://www.newsbtc.com/2016/07/25/michell-espinoza-laundering-charges-thrown-out/

Arcade City founder Christopher David has been called out

http://fusion.net/story/330436/christopher-david-arcade-city/

Ethereum stuff

3 value props of Ethereum Classic

http://www.coindesk.com/three-value-propositions-ethereum-classic/

Coinbase won’t support Ethereum Classic, allows GDAX clients to withdraw ETC.  Neither GDAX or Coinbase will support ETC trading.

http://forklog.net/btc-e-officially-calls-ethereum-classic-a-scam/

Lisk is not a FOrk of Ethereum

https://cointelegraph.com/news/lisk-is-not-a-fork-of-ethereum-ceo-max-kordek-states

Citi sees shift to helicopter money

http://www.cnbc.com/2016/07/28/citi-sees-gradual-shift-towards-helicopter-money.html

Japan expected to ease followed by the Bank of England

Fed keeps US Rate hike on hold

http://www.bbc.com/news/business-36908353

EU may create database of Virtual Currency Users

http://bitlegal.io/2016/07/24/eu-commission-to-propose-central-database-of-virtual-currency-users/

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