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!
BTCC, formerly BTCChina, is backing Bitcoin Core development because they “know what they are doing”. The latest release from Ethereum and why Nasdaq is shifting from Bitcoin to Ethereum. South Korea joins the rally for a cashless society. US Inflation higher than predicted.
Darren and JJ were at the Ninth Annual Liberty Forum this week. The FBI wants a backdoor into Apple iPhones, John McAfee says it is akin to giving out the nuclear launch codes. Linux Mint site hacked and malware distros uploaded. A Hollywood hospital falls victim to a crypto-locker virus but no word is mentioned about IT security or data back-up protocols. Bitcoin Classic surpasses 1000 nodes.
European Courts decide to call Bitcoin a currency. The free market provides a solution to the $750 AIDS medication. Corrupt DEA Agent Mark Force is sentenced to more than 6 years in prison. The Block Chain Alliance looks to help law enforcement with crypto crimes. Keenevention is coming up next week! American Express is taking an interest in the Bitcoin remittance business.
India’s Central Bank and the bitcoin boogieman. Bitcoin ATMs have got it all wrong according to Andreas Antonopoulos. New Zealand is looking to ban butt-hurt. Darren’s Censorship special covers international censorship stories. Venezuela closes boarders. Student Loans could be a bad investment as many students never graduate. The bitcoin blockchain debate continues.
This special episode focuses on the New Hampshire Liberty Forum 2015. The Brazilian Real drops in value as interest rates are increased to slow inflation. Spending Bitcoin anywhere a MasterCard is accepted may be coming soon. Privacy implications in Canada as a man faces charges for not divulging his mobile phone password.
Argentina set to print a lot of pesos to manage debts. A trading bot is running wild on BTC-e. Charlie Shrem takes a plea deal. Ecuador and India round out the show with monetary policy news. How to earn a free millibit.
The IRS issues guidance about how bitcoin transactions are taxed. Russia having all kinds of problems. The Dogecoin community raises money to sponsor NASCAR driver. Turkey tries new ways to censor. US Debt interest a significant proportion of revenue. Senator Joe Manchin backtracks on bitcoin ban. 11 GH/s bitfury USB miner uses just under 1 Watt.