This a huge episode where we talk about bitfinex, bitcoin security, SDR and the World Bank, China, Russia, Germany, Ethereum, ETC, Dash and More!!
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.
Cryptsy and Butterfly Labs face lawsuits. Chinese stocks fall more than 6%. Japan mulls making bitcoin a legal currency. The latest news on the mining pools and blockchain upgrade. Bitcoin classic nodes face a DDoS attack. DNS security flaw found by Google and Redhat.
Darren and JJ were at the Ninth Annual Liberty Forum this week. The FBI wants a backdoor into Apple iPhones, John McAfee says it is akin to giving out the nuclear launch codes. Linux Mint site hacked and malware distros uploaded. A Hollywood hospital falls victim to a crypto-locker virus but no word is mentioned about IT security or data back-up protocols. Bitcoin Classic surpasses 1000 nodes.
Segregated Witness: the pros and cons. Google pilot program in the UK steers extreme searches to anti-radicalism websites. Federal Agent from the Silk Road case is arrested again. The Federal Reserve raises interest rates on excess reserves. First Bitcoin Classic block is mined while classic nodes make up 15% of the network. Windows 10 spying is out of control and can’t be stopped. Gold value is up as investors return to the safe haven. The Chinese are losing faith in their currency. Value to accept bitcoin on Steam.
The hashrate reaches new highs. JJ is on a Bitcoin panel in Concord, NH. The Free State Project reaches the signer goal of 20,000 while bitcoin based businesses thrive in New Hampshire. Cryptsy is no more and the story is grim. BlockStream has a good week of partnerships and funding. Bitcoin Classic binaries are online now. The European Union looks to further regulate pre-paid cards and bitcoin because, “terrorism”. The White House is asking for a $10 tax on each barrel of oil — underhanded highway robbery.
International News Updates. Venezuela declares a state of emergency. BRICS nations make first $750 million contribution to the New Development Bank. Cryptsy looks for new owners and has a 10,000 BTC loss. Peter Todd engages in fraud with BTC and reddit. Mike Hearn quits the Bitcoin Core Dev Team and elevates the blockchain debate to a new level. Bitcoin Classic has 72-74% support of the mining pools.