Neocash Radio was right about Dr. Craig Wright last December. BitPay offers a bitcoin based pre-paid VISA card. 21 Inc. wants to make everything a bitcoin machine but that may have issues. The DAO has been the 3rd most successful crowdfunding operation so far. TOR users beware, the FBI will target you. Liberty Reserve founder sentenced to 20 years. Saudi Oil Chief fired by Saudi King. Venezuela and Zimbabwe round out the international news.
There is a lot of bad or just out-right wrong information going around about Bitcoin XT and BIP101. We discuss the upgrade process and provide context given the history of the digital currency. Reddit moderators have censored the discussion claiming Bitcoin XT is an alt-coin. Bitcoin XT nodes are under attack through TOR. We point out an article that has so many errors about bitcoin it is alarming.
Correction: If you assume the every transaction size is around 300 bytes then the bitcoin network can process less than 6 transactions a second. Transactions usually are between 250 bytes and several kilobytes.
Overstock.com reveals a new trading platform and Symbiont moves forward with it’s trading platform. BitLicense Reactions are mostly bad. Venezuela is seizing private businesses while the inflation rate climbs to 800% on the year. Tokyo judge rules that Bitcoins are “not subject to ownership”. Tor troubles and upgrades.
Special Guest Chris Pacia joins us and discusses the Bitcoin Authenticator project. Time inc. accepts bitcoin. Cody Wilson running for Bitcoin foundation board. Follow up on Russian ruble troubles. Crypto-extortion with TorrentLocker virus. Speculation of an attack on the Tor network. Charlie Shrem takes a plea. Bitcoin network may allow communication that can’t be censored. Negative interest rates for the Swiss Frank, and general Euro situation assessment.
With interest rates at lows, stocks at highs and precious metals not going anywhere really, Darren discusses price fixing in Venezuela, the Federal Reserve, and the hope ethereum could engender. Darren also points to the discussion of bitcoin’s scalability, as well as stresses exposed concerns about TOR network vulnerabilities.
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
Bitcoin illegal in Thailand : Gold imports temporarily banned in Pakistan : a Self-Regulating Organization starts up for Bitcoin : Tor suffers a large outage following the arrest of Freedom Hosting owner : a briefcase bitcoin ATM : Casascius Coins could be compromised : Brigham Young University accepts bitcoin for student housing