Oil under $50. BitGo secures quarter of a million bitcoin theft insurance. Bitcoin foundation elects Olivier Janssens and Jim Harper after a misvote. The Canadian Media Fund funds a crypto currency MMORPG. Ziftrcoin source code available, network is live. FCC vote to implement Net Neutrality. Mega denied service by PayPal, bitcoin may be an answer. Bank of England compares bitcoin to internet. Backdoor found in routers produced by ten different companies. China to implement independent gold trading platform by end of year.
Let the Bit Drop event cancelled. Darren testifies at New Hampshire state house. Watch the testimony here. Traditional Banks are hacked over a 3 year period. BTER, a Chinese bitcoin and altcoin exchange is hacked. MyCoin evaporates and investors complain to Hong Kong Police that they have been scammed. Amanda B Johnson would prefer to use bitcoin over fiat at nearly any price – why?
Welcome to our listeners on the Liberty Radio Network! 400 European Banks are now able to allow direct bitcoin purchases. Two United States banks are now using the Ripple Transaction Protocol. JP Morgan Bank was hacked. Darren had a loved one get phished. Austrian Economics and the dollar collapse?
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
Some Tor sites have been compromised : Special Guest George Lambert joins the show : Flaws found in Bitcoin signature : George talks about his results after analyzing the bitcoin code : Bitcoin used to fund political candidates : A look back at the Cyprus bank run : China puts out another video about Bitcoin on state-run TV : Price of Bitcoin : Hashrate
Banks make sending money to Somalia difficult : Bitcoin Ponzi scheme : BitStamp overtakes Mt.Gox for a day : Bitcoin 2 looks to water down the strength of Bitcoin : 2 of 2 authentication for Bitcoin
Inside Bitcoins Conference : Detroit Bankruptcy : Satoshi Dice sold : Bitcoin as a global currency : Malware mining now treated as a affiliate business : Personal Security : Bitcoin difficulty increasing dramatically : Bitcoin Foundation
Bitcoin and crypto-currencies in general can be difficult to understand by many. Even the tech-savvy have questions with this new breed of digital commerce. Part of the idea behind Neocash Radio is breaking down the idea into easy to digest and understand components. We are trying to make the topics available for all audiences.
Starting out we have a micro-podcast that simply explains how bitcoin works and how you can remain secure with your coins. This tutorial is meant for newbies so we try to avoid too much technical jargon. There is much to understand if you want to have all the information necessary to make an informed decision. If you want to have a better grasp on bitcoin and litecoin, take a listen to this micro-cast:
The next step in the process deals with wallets. Wallets, much like real life, hold your coins and serve as an address book for people you send coins to. This is where security really gets important. Your wallet, just like your physical wallet, must be protected from theft and there are a few ways to do this. If you are looking for information on how to set up a wallet online, on your computer, and on your smart phone take a listen to this micro-cast:
Finally in order to fully understand the entire bitcoin process you need to have an idea how the coins are created. You also need to understand how the ledger — or blockchain — is created and maintained. This is the fundamental core of the crypto-currencies. When an individual wants to send bitcoins to someone else what they are actually doing is broadcasting a message to the network, in effect saying, I am sending X coins to X address. Unlike credit cards and dollar transactions the exchange of bitcoins and litecoins is a one-way conversation. If you want to better understand mining, take a listen to this
We are always looking for better ways to explain these ideas and if you have an questions, comments, or suggestions please let us know. You can send me an email at jj AT neocashradio.com (replace the spaces and AT with @).