The Foundation for Economic Education claims Venezuela’s annual inflation rate is up over 500%. The New York Stock Exchange chairman talks bitcoin. New Jersey has a pro-bitcoin bill. US Federal government hacked, China is suspected. Bail-in rules required by European Union.
Darren is in the studio and JJ joins the podcast from the road. Darren covers the traditional markets. Toshiba partners with BitPay to offer bitcoin on the VisualTouch Point of Sale software. The Bitcoin Foundation sees members quit over the vote to elevate Brock Pierce to the top position. Gavin Andresen talks about how the blocks in Bitcoin’s blockchain need to grow rather than simply raising the transaction fee requirement.
Joël Valenzuela joins JJ and Darren in the studio. Joël gets his job to accept bitcoin for martial arts training. Vietnam bans bitcoin and a US Senator calls for a ban on bitcoin as well. Britain drops the Value Added Tax on trading currencies and bitcoin. The transaction fee for bitcoin will be lowered from .0001 to .00001 per kb.