North Carolina State College wins the first ever Bitcoin Bowl. Brawker lets you by most anything with bitcoin. Ecuador starts to distribute their own digital currency via SMS. Deflation in the EURO zone causes an uptick in commerce. Russia may be less restrictive on bitcoin while price inflation takes hold. What is a derivative?
Pedro joins JJ and Darren in the studio : Bitcoin price and difficulty : dogecoin and altcoins : mining currencies : Inflation of the dollar
Gifting and Tipping Bitcoin etiquette : Bitcoin is Evil says Paul Krugman : India’s central bank scares bitcoin markets with a notice : the difficulty is increasing past a billion
Bitcoin pulls back from a rally led by China after a notice issued by the People’s Bank of China : Bitcoin in China’s Special Economic Zone : Man bought Tesla for Bitcoin from dealership : Mastercoin first look (http://bitcoinmagazine.com/7961/mastercoin-a-second-generation-protocol-on-the-bitcoin-blockchain/) : Bitcoin is on the rise in India : Gold, Silver, US Treasury Bonds, Inflation, Interest, Dollar Value
Amanda BillyRock – youtube.com/abillyrock – joins JJ and Darren in the studio : Zerocoin will use their own blockchain : Venezuela is still forcing electronic retailers to sell products at low prices : China is now number two in the world for bitcoin nodes : Coin Validation is the next attempt by the US Government to track the bitcoin network : Federal regulators are meeting to talk about bitcoin
Bitcoin breaks $200 again : U.S. Government debt ceiling suspended : NY Times article calls for higher price inflation : Bitcoin Machine and Bitcoin ATM : India gold prices up as the metal is hard to come by : China bitcoin price is leading the global market : Bitcoin infrastructure is growing with many gift cards available
Darren discusses the difficulties the fed faces in their decision not to taper this week. Venezuela having serious inflation issues. The second largest hidden online marketplace closes down. JJ and Darren are skeptical of the latest ASIC chip claims. Mt.Gox out even more US dollars with recent court finding in favor of CoinLab.
Amanda BillyRock joins the show once again (amandabillyrock.com) : Bitcoin mining power and difficulty rising : Gresham’s Law : Brain Wallets and Security : India Rupees trading for Dollars : Quantitative Easing : Federal Reserve : Fractional Reserve Baking : Internet Archive Federal Credit Union drops Bitcoin clients : Local Bitcoins : Avoiding use of a bank
Thanks to M-Pesa a third of Kenyans will have access to Bitcoin. We discussed this and how bitcoin will effect the less developed countries.