Episode 171 – Steemit Skepticism, Federal Reserve Interest, and BlockStream Won…

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

The Federal Reserve is playing with interest rates. Steemit introduces promoted content and we are looking for a wallet to HLOD Steem currencies off the platform… is Steemit decentralized? Civil asset forfeiture is too hard to give up for Police in New Mexico. Lots of Ethereum news, you should give a listen! Imagine if Ethereum and Steemit had a baby blockchain, you may end up with Synereo. One prominent Bitcoin Miner proclaims Blocksteam has won the Block-size debate and we lament the fall of Bitcoin. More details on Monero.

All this and more here on Neocash Radio episode 171! Recorded August 31st, 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 171 (MP3)
Subscribe to the Neocash Radio podcast on iTunes!

Continue reading

Episode 135 – RAND Corp: Bitcoin Can Increase Economic Power of User

Bitcoin mining difficulty makes a large jump. 2MB Blocksize BIP proposed by Jeff Garzik. The Federal Reserve raised interest rates to 0.25% and the crowd goes wild. Argentina lifts currency controls on Peso. RAND Corp report indicates that Bitcoin user can have some positive side effects. AirBitz partners with Fold and the future of wallet integrated services. Russia starts pilot run of a new a payment solution. The Canadian Dollar is weak. A fiat version of bitcoin is being proposed sans blockchain.

 

 

Direct Download


 

Traditional Markets

Gold down slightly to $1067

Silver up to $14.08

Oil drops again to $34.55

DOW finishes the week down 17,128

30 Year US Treasury is up slightly to 2.92%

 

Crypto Markets

BTC up slightly to $440

LTC down slightly to $3.50

ETH is at $1.00

 

News

Mining Difficulty jumps to 93.4 Billion

http://www.financemagnates.com/cryptocurrency/news/bitcoin-mining-difficulty-jumps-the-most-in-16-months-100b-next/

Jeff Garzik Proposes BIP 202; Block size Increase to 2 MB

http://www.newsbtc.com/2015/12/20/jeff-garzik-proposes-bip-202-block-size-increase-to-2-mb/

Fed raised interest rates to a whopping 0.25%

http://www.cnbc.com/2015/12/16/fed-raises-rates-for-first-time-since-2006.html

Argentina to lift capital controls Peso tumbles to over 13 per $1 US

http://www.bloomberg.com/news/articles/2015-12-16/argentina-to-announce-lifting-of-currency-controls-today

U.S. National Security Report: ‘Virtual Currencies Can Disrupt Sovereignty’

http://bitcoinist.net/u-s-national-security-report-virtual-currencies-can-disrupt-sovereignty/

Airbitz partners with fold

https://bitcoinmagazine.com/articles/airbitz-partners-with-fold-allows-users-to-buy-gift-cards-inside-wallet-1450121665

Russian Mir Card

http://bitcoinist.net/russias-mir-card-takes-competition-to-visa-mastercard-and-bitcoin/

Canadian Dollar is currently weak

http://www.cbc.ca/news/business/loonie-drops-72-cents-1.3369475

The Anti-Bitcoin—A Centralized Digital Currency—Takes Root

http://www.paymentssource.com/news/technology/the-anti-bitcoina-centralized-digital-currencytakes-root-3023026-1.html

Episode 132 – Bank Accounts Frozen for More Whistle-Blowers

The bitcoin mining difficulty is going up. Whistle-blowers are having their bank accounts frozen. The new president of Argentina is good news for Bitcoin. The BitUnit conference happened in Ghana! News out of Europe included central bank interest rates and more Greek woes.

 

Direct Download


 

Show Prep

Traditional Markets

Gold down slightly $1057

Silver down slightly $14.07

Oil steady $41.77

DOW steady around 17,798

30year Treasury down slightly 2.9976%

Crypto Markets

BTC up $365

LTC up $3.55

ETH down $0.90

News

Cyber Realm

BTC Difficulty goes up

https://bitcoinmagazine.com/articles/mining-difficulty-increases-by-over-due-to-bitcoin-price-increase-and-next-generation-chips-1448389961

US

Targeted bank account freezing

http://www.activistpost.com/2015/11/drone-pilots-have-bank-accounts-and-credit-cards-frozen-by-feds-for-exposing-us-murder.html

Strange letter correspondence between Ralph Nader and Janet Yellen

http://mobile.reuters.com/article/idUSKBN0TC2EB20151123

South America

New Argentina President

http://cointelegraph.com/news/115724/argentinas-new-president-good-news-for-bitcoin-bad-news-for-inflation

Africa

BitUnit in Ghana is happening.

Europe

Russian Finance Minister wants to ban Bitcoin but not the blockchain

http://www.coindesk.com/russia-ban-bitcoin-not-blockchain/

QE not enough, European Central Bank stimulates with lower interest rates.  

http://www.telegraph.co.uk/finance/economics/12022811/Fresh-ECB-stimulus-set-to-hit-Europes-biggest-banks.html

NYSE delisting National greek bank after price drops

http://www.bloomberg.com/news/articles/2015-11-27/nyse-is-delisting-national-bank-of-greece-after-91-plunge

Swiss banks pass on negative interest rates to customers.  

http://news.yahoo.com/swiss-alternative-bank-breaks-negative-rates-taboo-055303880.html

Episode 111 – Bitcoin Fork and Haircuts in Greece

Bitcoin Users are urged to upgrade their bitcoin core software to version 0.10 or higher. Chinese stock market loses 1.5 trillion Pounds in value. More hype about the Federal Reserve raising interest rates. Greece may be forced into another bail-in “haircut” for accounts holding more than 8000 euros. Bitcoin miners building bad blocks cause a little concern but things are well on the way to returning to normal.

 

Direct Download

Episode 89 – Coinbase Exchange: Will Compliance Kill the Goose?

Russia cuts interest rates.  Father founds a kingdom for his little princess.  Cloud miner Cointerra goes bust.  Chinese exchange gets hacked of 1000 bitcoins.  Editorial by Amanda B Johnson critical of Coinbase.  Is New York following in Venezuela’s footsteps?

 



Direct Download


 

WoW, so doge

Episode 87 – Swiss Franc Pulls Out the Peg

Now on iTunes!

Commodity markets stable with Gold and Silver gaining a little bit.  Oil hangs in there under $50/barrel.  OKcoin cards available in South Korea.  Was Mark Kerpeles involved in silk road?  Obama joins fight against encryption.  Small shops in Argentina refuse to use credit cards for one day.  Russia (unsuccessfully) blocks or bans five websites.  The ECB is still talking about qualitative easing again. The Swiss Franc is no longer pegged to the Euro and has seen a jump in strength. The Price of Bitcoin falls as miners try to sell.

 


Direct Download


 

WoW, so doge

Episode 82 – Bitcoin in Russia with Special Guest Yury

Russian trouble Ruble at a new low.  Russia raises interest rates.  The bitcoin climate in Russia including crackdown on businesses.  Crude oil down along with the gulf states stock market.  White hat hacker returns bitcoins to blockchain.info.  Internet and censorship.  Silver Eagles selling at record for 2014.

Direct Download


Play 2048 and support Neocash Radio at the same time.