OPEC may cut oil production and it probably won’t matter. Deutsche Bank won’t be bailed out says German Government. India and Pakistan are fighting again. Your tax dollars hard at work: the Pentagon paid a UK PR firm more than half a billion to make propaganda videos. China’s Yuan gets bolstered by the IMF, joins SDR basket. IMF worries over record debt levels of 225% WORLD GDP. The Federal Reserve looks at Ripple for faster payments. CGI Group launches Ripple validator node joining 121 others. Yahoo is a scumbag for handing ALL emails to the government secretly. SingularDTV ICO is sold out in less than 17 minutes. Blockstream anointed Lightning Network has a successful transaction on the testnet. Monero value plummets as Oasis goes offline and AlphaBay pauses transactions to upgrade their Monero daemon. News organizations sue FBI for details on exploit used in San Bernardino iPhone case.
All this and more on episode 176 here on Wednesday, October 5th, 2016!
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!
JJ describes the vicious cycle that will keep the "War on Terror" going perpetually. Special thanks to the movie The Princess Bride for the succinct metaphor. #waronterror #isis #iraq #yemen #syria #refugees #princessbride #inigomontoya #youkilledmyfather #hatebegetshate #youreapwhatyousow #neocashradio
Chris joins us in-studio, look for his interview on Wednesday. BIP 101 reaches consensus on the testnet. Reddit moderator looks to limit the discussion and ban Coinbase from r/bitcoin. McDonalds fries cost $133.00 each.Kim dotcom looks to build a private internet. Iran floods markets with oil. War in Syria and Russia’s role in the Mideast. With the debt ceiling removed, the national debt jumps $500 Billion in a week.
The darknet market Evolution vanishes while users lose approximately $12 Million in escrow funds. CIA funds have found their way to Al Queda. France’s government has block websites it finds offensive. Airbitz claims to have a one-touch two-factor authentication app for bitcoin. BitReserve adds two more currencies.