Episode 173 – Another huge bank scandal, IMF smells an uprising, and blockchain innovations soar

Here are the TL;DR headlines from today’s show:

Phony bank accounts a normal thing for Wells Fargo. Friday stocks drop but perhaps the news is being overblown. IMF managing direct warns: the natives are getting restless. Euro-zone is seeing price inflation for food. Finland tests out a basic income. Lykke Initial Coin Offering is underway, will it float? 2nd Largest BTC mining pool setting up a new pool for open-sourced testing of new mining techniques. SegWit is being criticized for the soft-fork approach. Is that a blockchain on your telephone pole? Utilities and the blockchain. Ethereum Classic is still kicking but for what and how will they innovate better than ETH?

All this and more here on Neocash Radio episode 173! Recorded September 14th, 2016 in Manchester, NH!

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!

Stream this episode of Neocash Radio here:

Direct Download – Neocash Radio episode 173 (MP3)


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Episode 133 – Paying Taxes: Don’t Leave Home Without It

Chris Pacia and Matt Whitlock join us in studio. The IRS can revoke passports of delinquent tax payers. QE 4 is starting to be mentioned in the mainstream news media. Puerto Rico is bankrupt and faces lawsuits for over-taxation. Swiss and Greek policy makers are trying to push people out of using cash. Finland free money for everyone! A Bitcoin conference is taking place in China right now!

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News:

IRS granted power to revoke passport

http://www.forbes.com/sites/robertwood/2015/12/04/irs-power-over-passports-signed-into-law/

QE4 mentioned in mainstream sources such as CNBC and Bloomberg

Puerto Rico’s bankruptcy case

http://www.forbes.com/sites/timworstall/2015/12/06/puerto-ricos-bankruptcy-case-if-something-cant-go-on-for-ever-then-it-wont/

Greece using less cash

http://www.nytimes.com/2015/12/05/world/europe/in-greece-shift-from-cash-to-plastic-could-undercut-shadow-economy.html?ref=world&_r=0

Finland considering “universal basic income”

http://qz.com/566702/finland-plans-to-give-every-citizen-a-basic-income-of-800-euros-a-month/

China Miners, Block size Debate

http://www.coindesk.com/chinas-miners-heat-up-blocksize-debate-at-scaling-bitcoin-hong-kong/

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