Anti-Bitcoin Propaganda

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Welcome to NeoCash NewsCast number 004 bringing you the latest cryptocurrency news from around the world wide web. Please be sure to click the subscribe button and be one of the first to receive cutting-edge news.

The Central Bank of Poland has admitted to paying for a campaign of social media propaganda. In one case a prominent polish YouTuber was paid $30,000 to make videos claiming to have lost money on crypto. The Central Bank of Poland working with the Polish Financial Supervision Authority has no problem using fraud to dissuade people from looking into it.

This isn’t new by any stretch and it can be quite outlandish. CNBC wants you to believe that 1 or 2 people mining Bitcoin in North Korea means that you could potentially be supporting Kim Jong Un’s regime by trading Bitcoin.

This is how you take a fact and turn it into propaganda. After that shocking intro, we get to one of the only facts of the story. More than one IP address was used to mine Bitcoin in North Korea.

At this point the video delves into pure speculation and boogieman tactics. The final nail is a guilt trip fit for social media manipulation. Thanks for the rubbish CNBC!  

More recently Venezuela has been attacking Bitcoin on state run TV. The standard lot of villains are bandied about, terrorism, money laundering, drugs and tax evasion. Now evading the exchange controls is added to the list demons perpetrated by the Bitcoin.

“It was recently reported that many people have begun using Bitcoin, as an alternative to evade policies on foreign exchange by the Bolivarian Government to ensure proper development of the economy.”

And finally we take a look at some old timey propaganda. Bitcoin is “Anti-Social”, that according to a video from TV New Zealand in 2013.

Well that escalated quickly! It just goes to show you need to mindful about what any media outlet is going to say about crypto.  

Bumper Music: The Pirate And The Dancer by Rolemusic:

Ep225: Overstock Regulated ICOs, FireEye Report Fails to Link North Korea to Bitcoin

Overstock launches alternative trading system for exchanging Securities as a Token in the U.S. Ukraine’s Central Bank declares Bitcoin not a currency or means of a payment. Zimbabwe pays more for Bitcoin after the Reserve Bank of Zimbabwe throttles payment processing for locals. European Central Bank claims they lack the authority to regulate or prohibit cryptocurrency. Running a Bitcoin Miner in your home is all the rage in Malta. Japan increases scrutiny over exchanges with a focus on customer protections. John Crudele seems to have no problem writing terrible blog posts. FireEye Threat Research is a bogus report that provides zero evidence of North Korea holding, mining, or hacking bitcoin. CoinDesk manufactures controversy regarding Ethereum mining. The Gentleman’s Guide to Forum Spies is a good primer for understanding the social manipulation at play. Elgin Air Force Base features tax payer funded social media manipulation. With Chinese tyrants cracking down on crypto exchanges more people are resorting to peer-to-peer trading. Announcing NeoWare Apparel — fine crypto themed apparel and accessories.

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 Pedro and JJ!

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Traditional Financial Markets Cryptocurrency Markets
Gold $1,296 Bitcoin (BTC) $4,168
Silver $16.94 Ethereum (ETH) $304
Oil $55.50 DASH $347
Dow Jones 22,340 points Litecoin (LTC) $55.76
30Y UST Yield 2.76% Bitcoin Cash (BCH) $454

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Episode 49 – Heartbleed, Neo and Bee, Gold price manipulation, Merged mining for Dogecoin and Litecoin

Heartbleed security bug effects security of websites such as banks.  NSA exploits Heartbleed bug for years without fixing the issue.  A warrant was issued for Neo and Bee CEO Danny Brewster.  Gold price manipulated by five banks.  Is merged mining ahead for Dogecoin and Litecoin.