Special Guest Ian Freeman (Free Talk Live) joins us in studio. Oil storage is becoming limited while production clips right along. Bitcoin Bus tour starts in Keene, NH. Government Censorship is getting more extreme. China looks to make lending easier.
Australia says no to regulating bitcoin, Rand Paul is the first US Presidential Candidate to accept bitcoin for his campaign donations. Overstock is going big on the bitcoin train. PayPal merchants can now accept bitcoin. The Bitcoin Foundation is on the rocks. Police stations are having their files held for ransom. Turkey and Russia are censoring internet content.
Paybase/paycoin is a scam. OTC Bitcoin Asset GBTC goes live. Greece is running out of money and the US is running out of money…. again! Australia looks to tax bank accounts. The EFF and Fred Wilson weigh in on the New York State BitLicense. Convenience stores Seven Eleven Mexico launch a digital currency.
The darknet market Evolution vanishes while users lose approximately $12 Million in escrow funds. CIA funds have found their way to Al Queda. France’s government has block websites it finds offensive. Airbitz claims to have a one-touch two-factor authentication app for bitcoin. BitReserve adds two more currencies.
Teslacrypt is new ransomware that holds users saved game files hostage for a $500 BTC ransom. IBM looking to meld the bitcoin blockchain with fiat currencies. WikiMedia sues the NSA. The NYPD have been found to alter many controversial articles on Wikipedia. Studies have found that the wealthy have stopped smoking while the poor didn’t.
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?
Ukraine’s currency the Hryvnia lost 50% or its value this week and recovered slightly. Greece looks to end austerity measures. Coinbase’s new exchanges sees users fall victim to a phishing attack. Twitter takes a stand for Free Speech against National Security Letters. Point-Counterpoint: 3 reasons Bitcoin is inherently flawed. We talk about Ziftr and ZiftrCoin.
Russia cuts interest rates. Father founds a kingdom for his little princess. Cloud miner Cointerra goes bust. Chinese exchange gets hacked of 1000 bitcoins. Editorial by Amanda B Johnson critical of Coinbase. Is New York following in Venezuela’s footsteps?
What a crazy week. Coinbase has a mysterious announcement coming out Monday at 9am EST. The Euro struggling to keep it’s strength after an announcement of 1.1 trillion euro Quantitative Easing. Paypal’s Braintree is in beta. Death of the alts? Hong Kong to Indonesia remittance. More Turkish censorship? WSJ features bitcoin.