E&E Bitcoin 'Cast

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Ed and Ethan answer some listener mail. An author wants to know about crowd funding with bitcoin given recent successes experienced by some with Kickstarter. http://tarrinlupo.wordpress.com/ https://bitcoinstarter.com/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Some major players in the Bitcoin space are seeking to organize a self regulating governing body for Bitcoin businesses. Is this a good thing for bitcoin? http://www.coindesk.com/bitcoin-industry-leaders-launch-data-a-self-regulatory-body/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Headlines proclaim that Bitcoin is illegal in Thailand after an exchange operator gives a presentation to Thai central bankers. Is it true? Is Bitcoin illegal in Thailand?https://bitcoin.co.th/trading-suspended-due-to-bank-of-thailand-advisement/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn We return to talking about problems experienced by major bitcoin exchange MT GOX this time as made evident by payment processor BIPS choosing to abandon any use of MT GOX in favour of upstart competitor, Bitstamp.http://www.coindesk.com/bitcoin-payment-processor-bips-abandons-mt-gox-for-bitstamp/

[hupso_hide] Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn MT GOX, The worlds largest bitcoin exchange, is facing some real competition and UK exchange Bitstamp seems to be leading the pack. http://www.coindesk.com/bitstamp-bitcoin-trading-volume-overtakes-mt-gox-for-first-time/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn The daily Bitcoin update on a Bitcoin ponzi scheme that is being prosecuted by the Securities and Exchange comission. What does the SEC going after Trendon Shavers mean for Bitcoin users?http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539730583#.UfCY843VB6K

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Matthew O’Brien says the Winkelvii are leading people down a path of despair! http://www.theatlantic.com/business/archive/2013/07/the-winklevoss-twins-want-you-to-invest-in-bitcoin-dont/277478/ Eric Vorhees sells Satoshi Dice for 126,315 BTC. http://bitcoinmagazine.com/satoshidice-sold-for-12-4-million/ Bitcoin Jesus (Roger Ver) speaks up in defence of Mt GOX in wake of insolvency fears. https://www.youtube.com/watch?v=UP1YsMlrfF0 For your pleasure. A link to an old interview of ours with Eric Vorhees. http://www.youtube.com/watch?v=I9XVgXmHaxEandamp;feature=youtu.beandamp;t=11m31s

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn How scaley is bitcoin? “Very scaley” is the answer. https://en.bitcoin.it/wiki/Scalability#Scalability_targets Is mining power being centralized? http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/ If BTC exchange MT GOX is insolvent, how will that affect bitcoin? http://thegenesisblock.com/mt-gox-withdrawal-freeze-driving-significant-liquidity-concerns/ The Bitcoin client is becoming more merchant friendly apparently soon. http://thegenesisblock.com/significant-merchant-improvements-planned-for-bitcoin-v0-9/ Bitcoin becoming more and more popular still in Argentina. http://forexmagnates.com/bitcoins-soar-in-value-in-argentina-due-to-capital-control-laws-bitcoin-meetup-held-in-nations-capital/ http://www.bloomberg.com/news/2013-07-05/argentina-applies-law-that-jails-hoarders-as-bread-prices-double.html

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn We talk to Austin and Beccy, two newlyweds who will be living exclusively on bitcoin for 90 days starting Jul 27th. www.lifeonbitcoin.com A washing machine that takes bitcoin? https://bitcoinstarter.com/projects/115 http://cryptocompany.us/bitwasher.html www.BTCwtf.com Quick mention to inputs.io, an off chain transactions project. http://www.inputs.io Scalability issues. Faster internet is coming to Canada and thats good for bitcoin. http://www.cbc.ca/news/canada/british-columbia/story/2013/07/03/technology-one-gigabit-internet.html VPN service providers being shunned by credit card companies. http://torrentfreak.com/mastercard-and-visa-start-banning-vpn-providers-130703/ The market delivers. Kenyans can now easily use bitcoin with M-Pesa. http://kipochi.com/blog/kipochi-launches-first-bitcoin-wallet-in-africa-with-m-pesa-integration Californias state govt didnt read the wikipedia article. Accuses the bitcoin foundation of being an unlicensed money transmitter. BF responds politely as is best when talking with temperamental children. http://www.scribd.com/doc/151346841/Bitcoin-Foundation-Response-to-California-DFI

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Joseph David, CEO of the Canadian Virtual Exchange CAVIRTEX joins Ethan for the first half of the show to talk a bit about running a bitcoin exchange in Canada and facing the hurdles that come with such a venture. In the second half, Daniel Benoy from the Liberty Beat podcast (www.libertybeat.ca) adds his insights in respect to bitcoin as it relates to TOR and also gives Ethan something to think about when he talks about freenet that makes anonymity on TOR look almost amateurish.

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Anthony Di Iorio with the Bitcoin Alliance of Canada comes on the show to announce the Alliances new board of directors. http://rushprnews.com/2013/06/18/bitcoin-alliance-of-canada-inaugural-board-of-directors-announced Are the fees at Canadian exchange CAVIRTEX too high? https://www.cavirtex.com Bitspend is out of business for the time being. http://www.reddit.com/r/BitSpend/comments/1go95b/updatenews_why_we_have_been_slow_and_taking/ Use your bitcoin to invest in a gold mining company? Its possible. https://bitfunder.com/asset/Kenilworth#pane_profile MT GOX has halted USD withdrawals. http://www.wired.com/wiredenterprise/2013/06/mt-gox-stops/?cid=co9072834 The hash rate on the bitcoin network is spiking big time! http://blockchain.info/charts/hash-rate The BitAngels have made an investment. http://www.bizjournals.com/sanjose/news/2013/06/21/blueseeds-pirate-incubator-gets.html Destructive bug discovered in currency wiping out pensioners life savings! http://metro.co.uk/2013/06/12/termites-eat-through-pensioners-42000-life-savings-3838085/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn We interview LibertyBit.com CEO Paul Szczesny to better understand why the exchange has temporarily suspended operations. http://Libertybit.com/ Ethan comes out of the break looking at something that has nothing to do with bitcoin and we said wed put the link in the show notes so here you go. http://www.amazon.com/gp/product/B005MR3IVO/ref=as_li_qf_sp_asin_il_tl?ie=UTF8andamp;amp;camp=1789andamp;amp;creative=9325andamp;amp;creativeASIN=B005MR3IVOandamp;amp;linkCode=as2andamp;amp;tag=geek03b-20 Its possible that we misunderstood a paper on how the IMF could approach bitcoin. https://btcgsa.wordpress.com/?p=3andamp;preview=true Is Kenya poised for wide scale adoption of bitcoin? http://www.thegenesisblock.com/guest-post-kenya-primed-for-wide-scale-bitcoin-adoption/ France outlaws sending precious metals through the mail. Bitcoin users gain an edge. http://www.zerohedge.com/contributed/2013-06-07/france-prohibits-sending-currency-%E2%80%9Ccoins-and-precious-metals%E2%80%9D-mail A lot of stuffing in someones bra lands a couple of Canadian women in trouble. http://www.courierislander.com/news/canadian-woman-daughter-caught-smuggling-59-000-in-bras-border-agents-say-1.318864 It seems like people are losing confidence in big banks and are voting with their wallets. These people should be told about bitcoin. http://www.guardian.co.uk/money/2013/jun/13/big-banks-lose-customers-protest

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Theres talk of the fall of Mt. GOX but should it be talk about the fall of centralized exchanges instead? http://bitcoinmagazine.com/has-the-fall-of-mtgox-already-begun/ A paper from University of Chicago prof Nichloas Plassaras opines on bitcoin.  We think he needs to read the bitcoin wikipedia article. https://bitcointalk.org/index.php?topic=226196.0 Ethans pet peeve about bitcoin discussions is that theyre so American centric but could that possibly be a benefit? http://www.coindesk.com/chinas-romance-with-bitcoin-continues/ Also, China is running with bitcoin in a big way. A great website shows the number of nodes running in China and its a lot. Check out the link. http://getaddr.bitnodes.io/ Argentina is having problems with inflation and reliable economic data from government is just wishful thinking.  Bitcoin users?  Not affected. http://localbitcoins.blogspot.fi/2013/06/argentina-goverment-fixing-exchange.html We ran out of time before we could really get into bitmessage inspired by the bitcon protocol but its well worth a look. http://www.coindesk.com/bitmessage-is-the-bitcoin-of-online-communication/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Can fractional reserve banking exist in a world that uses bitcoin? The Bitcoin Alliance of Canada puts out a last call for volunteers. http://www.prlog.org/12146361-canada-shows-strong-representation-at-bitcoin-2013-the-future-of-payments-conference.html Bitcoin is sometimes called deflationary.  We take a page from the world of video games to poke fun at the inflationary model. http://mises.org/daily/6435/A-Virtual-Weimar-Hyperinflation-in-a-Video-Game-World FINCEN talks a bit more about virtual currencies and specifically, currency exchanges. http://www.coindesk.com/fincen-boss-lays-out-bitcoin-rules/ Will the bitcoin supply be mined half a century early? http://www.thegenesisblock.com/at-this-rate-the-last-new-btc-will-be-issued-55-years-ahead-of-schedule Is rushwallet a potential solution to the temp wallet service gap left by instawallets collapse? https://rushwallet.com/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Whats ZeroCoin? A listener suggests we talk about it so we do! http://blog.cryptographyengineering.com/2013/04/zerocoin-making-bitcoin-anonymous.html A popular payment processor is shut down by the government. Benefit to bitcoin? http://krebsonsecurity.com/2013/05/reports-liberty-reserve-founder-arrested-site-shuttered/ Canada is #1! Cause geographical regions really matter to a global currency. https://btcglobal.net/blog/post/english-speaking-countries-lead-bitcoin-saturation-china-and-brazil-lead-in Google unable to pay android app developers in Argentina. When will they announce the use of BTC? http://www.theverge.com/2013/5/24/4363960/google-no-longer-able-to-pay-developers-in-argentina-for-apps-pulling Is bitcoin ready for another major spike upward? http://www.thegenesisblock.com/bitcoin-trading-are-we-primed-for-a-major-move-higher/ Merchants run into more trouble with credit card companies. If only there were a low fee, chargeback free system of payment available to replace credit card processors. http://www.thegenesisblock.com/merchants-are-angry-about-credit-card-fees-7b-worth-of-angry/ Decentralized exchanges are certainty in the future. http://www.coindesk.com/uk-firm-promises-skype-style-bitcoin-exchange/