Introducing: Neocash Crypto Radio in Russian!

The Neocash Radio Family of cryptocurrency podcasts is growing!

Yury and Michael have published the first episode of their podcast: Neocash Crypto Radio in Russian! Congratulations to you both!

You can check it out by using the language switcher on the side column —–>

(or at the bottom if on mobile)

This marks the beginning of what I hope will be a sea-change here at Neocash Radio. The first independently owned ‘sister-station’ contributing to the Neocash brand of cryptocurrency news podcasts. No B.S., no hype, no price speculation. Instead we offer fact-driven stories from around the world.

With each new language we will open up Neocash to a new audience. In many parts of the world there is little to no media sharing the news of the day and offering security warnings and advice — especially in the local language. We aim to change that and quickly.

We have additional cryptocurrency podcasts in the works so stay tuned to NeocashRadio.com

-JJ Epic

Co-founder and Producer

Editorial: Blockchains Will Become the DNA of Our Future Society

Stream this bonus podcast episode:


or Direct Download the podcast as an MP3 – JJ Editorial: Blockchains Will Become the DNA of Our Future Society


An Editorial from Co-founder and co-host JJ Epic. Views expressed here represent only about one third of the shows views.


Darren and I started Neocash Radio to talk about Bitcoin and Cryptocurrencies as our main focus. Talking about the future of money today. What we ended up talking about was the future of technology, the future of software development, and the future information security.

While on one hand you have a few ever growing corporate behemoths on the other hand you have an array of new innovations created by individuals. The old model and the new. The old model required the consolidation of resources due to the scarcity of those resources. The resources include people and equipment which made sense to pack closely together into localized hubs. The new model is a sea of individuals directed by their own desires and passion, each working on a very small piece of a much larger puzzle. Like individual cells in a larger organism.

Bitcoin and open source development have created a new kind of money. A currency controlled by a protocol and a distributed ledger — a blockchain. Blockchains will become the DNA of our future society. A log of all the decisions made, the consequences, and the resulting sum. Using this technology for money was a master stroke. Now that the Blockchain is proven and widely adapted money will never be the same.

But it’s not really about money. It’s about the action created, the signal sent, and the time spent. Ultimately time is the only real currency. The rest are tokens for convenience. Or tokens of time, as in the hourly wage. What we are actually talking about the the future of humankind today, the future given the effect of the human actions created up to and including now. Whether sitting in front of a TV or driving a race car, in each case an action was created, a purchase was made, and time was spent.

With time, everybody starts out rich and ends up poor.

With near-instant communication, open source development, blockchains, and the rise of peer-to-peer protocols humankind can more closely mimic a well known, durable, proven system: the human body or carbon based organisms in general.

Individuals working together like cells forming an organ, all part of a greater organism. The Blockchain is the critical component. Like DNA, everyone gets a copy and there is no need to trust someone else. You can trust the DNA.

The trust that comes from the Blockchain is a by-product of consensus. The nodes and miners build a block through consensus and the network verifies it. In mere seconds a decentralized open source protocol gets everyone to agree on the same thing. A feat no man could hope to accomplish. With a divergent spectrum of proven and emerging blockchains, the future of choosing the right blockchain for you might look like trying on shoes.


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Monday Market Update

Monday Market Update

Markets reacted as expected today except for news broadcast by the CME group. As we discussed on our most recent podcast. Bitcoin market rose Monday morning in response to the opening of the legacy banking system. Somewhat surprising the rally seems to be led by buying with US dollars. Only moderate volume is reported on btcchina.com.

Gold buying in Asia seems to remain strong. The US paper gold markets took a little dip brought on by the CME group announcement of increased margin requirements on copper. This probably encouraged selling of gold to cover copper positions.

Sources:

Gold buying in Asia:  http://www.kitco.com/reports/kitcoNewsMarktNuggets20130506.html

CME group increasing margin requirement:  http://www.kitco.com/reports/KitcoNews20130506AS_copper.html