E&E Bitcoin 'Cast

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Does dividing bitcoin mean increasing the money supply like central banks do to traditional currencies?  Whats the difference? https://en.bitcoin.it/wiki/Myths#21_million_coins_isn.27t_enough.3B_doesn.27t_scale Our favourite Canadian exchange is being shunned by the Royal Bank of Canada. https://www.libertybit.com/news Mt. GOX, Bitcoins largest exchange has a run in with American Homeland Security.  Is this all a misunderstanding? http://arstechnica.com/tech-policy/2013/05/feds-reveal-the-search-warrant-that-seized-mt-gox-account/ Webmoney, the paypal of Russia, now supports bitcoin! http://www.thegenesisblock.com/bitcoin-access-expanded-to-over-11-million-users-of-webmoney/ Coinbase offers merchants the ability to accept bitcoin subscription payments. http://blog.coinbase.com/post/50530790639/coinbase-launches-subscription-payments ASICminer continues to amaze by achieving the bitcoin worlds first million dollar sale. http://www.thegenesisblock.com/the-worlds-first-1-million-bitcoin-mining-auction/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Gyft and Bipay add 50,000 new retailers to the bitcoin ecosystem. http://uptweet.com/viewStory?id=1253 We grab a clip from a very socialist leaning panel that talks about bitcoin. We only had time to go through a little snippet of it but check out the rest here. http://tvnz.co.nz/q-and-a-news/panel-discuss-digital-currency-bitcoin-video-5428284 Venture Capitalist Fred Wilson gets his hands into the bitcoin world with Coinbase. http://www.businessinsider.com/fred-wilson-invests-in-coinbase-2013-5 We talk about bitcoin mining. If bitcoin miners are mining for block rewards, what happens when all the bitcoin have been mined? Is China looking to bitcoin as a weapon that could be used to destabilize the American dollar? *Ethan mistakenly attributed this article to bitcoin magazine. This article is from The Genesis Block and is found at the following link.* http://www.thegenesisblock.com/bitcoin-the-newest-tool-in-chinas-currency-war-chest/ The Kahn Academy explains bitcoin basics in a well laid out course. https://www.khanacademy.org/science/core-finance/money-and-banking

andnbsp; Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn ASICminer and network centralization. Child porn in the blockchain? http://money.cnn.com/2013/05/02/techn... Do you run the default bitcoin client? Run a node! A bitcoin forum in Cyprus urging locals to use bitcoin. Bitcoin course https://www.udemy.com/bitcoin-or-how-... bitcoin or how I learned to stop worrying and love crypto (google) Bitcoin and HTML5 http://www.whatwg.org/specs/web-apps/... Paypal looking to to accept bitcoins http://www.theage.com.au/it-pro/busin... Listener feedback: Jeff L. http://bitbitboom.com/2013/05/01/sask... Question for the week, What do you think of child porn on the block chain? Does it put bitcoin at risk?

andnbsp; Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn hyper-deflation http://wiki.mises.org/wiki/Deflation Revenue Canada says Bitcoins arent tax exempt. http://www.cbc.ca/news/business/story/2013/04/26/business-bitcoin-tax.html Adam Kokesh says Litecoin is way better then bitcoin but its not. http://www.youtube.com/watch?v=h2u3BNiANVA Max Kieser says bitcoin needs to be tied to the us dollar. http://www.huffingtonpost.com/max-keiser/should-bitcoin-peg-itself_b_3160783.html

andnbsp; Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Thank you Tanner! bitcoin.org press page excluding Roger Ver and John Matonis. Bitcoins are too expensive! Federal Reserve Note, whats that? Jeff Berwick on Fox Business News https://www.youtube.com/watch?v=lHSg_33Qwks emails

andnbsp; Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn The crash, centralization in the world of decentralized currencies, volatility, a new Bitcoin PR firm (bitcoinalliance.ca) and more! http://www.businessinsider.com/bitcoin-loses-77-of-value-from-high-2013-4 http://buttcoin.org/is-mtgox-manipulating-the-bitcoin-market http://techcrunch.com/2013/04/11/bitcoin/ http://www.wireservice.ca/index.php?module=Newsandamp;func=displayandamp;sid=10132 https://ripple.com/ http://gigaom.com/2013/04/12/why-bitcoin-crashed-and-how-ripple-might-avoid-the-same-fate/

Donate bitcoins at: 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Bitcoin is in hyper-deflation! AUGH! Run for the hills!!! http://www.newstatesman.com/economics/2013/04/bitcoin-hyperdeflation Ethan reflects on why paypal sucks and Western Union is just as bad. http://mobile.blogs.wsj.com/cio/2013/04/01/western-union-eyes-digital-currency-services/ Is a 51 percent attack from mining pools possible on the bitcoin Network a potential problem? http://i.imgur.com/83W3Q2U.png MTGox suffers a DDoS attack and the media says its been hacked. http://imgur.com/hmlJUva http://venturebeat.com/2013/04/04/mt-gox-outage-ddos-attack/ Cyprus bank depositors didnt actually have anything to worry about so long as they were related to the president. http://12160.info/page/cyprus-president-s-family-transferred-tens-of-millions-to-london-

Ethan enjoys a stiff drink and the ability to buy houses. Tip us some BTC at 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn  So you think the government is credible huh? Would you still think so if they had Zombies on their agenda? No, were asking for real! The CBCs Amanda Lang is taken for a school bus ride after talking some serious smack about bitcoin! The Ruskies ban cash transaction over a certain limit. We thought them hammer n sickle reds had a rather decent economy on their hands. Why the cash transaction limits? http://rbth.ru/business/2013/03/25/russia_to_ban_cash_transactions_over_10000_24203.html An investment advisory and analysis newsletter writes on bitcoin and does a pretty decent job at that! Ultimate safe haven? http://www.wealthdaily.com/articles/bitcoins-the-ultimate-safe-haven/4112 Audience questions and honourable mentions. 

http://rt.com/news/cyprus-bailout-tax-troika-730/ http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering

Bitcoin gets more press on Bloomberg TV as Tangent Capital Partners Bob Rice tries to explain our favourite crypto currency to a curious TV show host. Ethan picks out one thing hes got a problem with aside from Bob calling the block chain the chain block. We also talk bubbles again and spending surges in the world of bitcoin. Also, employees being paid in BTC and a bitcoin stock markets. http://www.bloomberg.com/video/bob-s-daily-buzzword-bitcoin-EJ04CzJbQsKJ6CqAsDI_WA.html http://www.newstatesman.com/economics/2013/03/bitcoin-what-bubble-looks http://www.reddit.com/r/Bitcoin/comments/1a51xx/now_that_its_over_the_blockchain_fork_explained/ http://translate.google.com/translate?sl=fiandamp;tl=enandamp;js=nandamp;prev=_tandamp;hl=fiandamp;ie=UTF-8andamp;eotf=1andamp;u=http%3A%2F%2Fwww.talouselama.fi%2Fuutiset%2Fpalkat%2Bvirtuaalirahana%2B%2Bsuomalaisyhtio%2Bkokeilee%2Bbitcoinvaluutalla%2Bpalkkojen%2Bmaksamista%2Fa2175143 https://bitfunder.com/

Throw something in our tip jar. Ethan enjoys a stiff drink! 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn  Ethan was ready for bed and Ed was ready to get to editing but still, we found time to release another bitcoin cast! The bubble pops!!! Did you panic? Also, bitcoins are worthless! Just one of the many reasons we will pay for them. Financial issues pundit Max Keiser sings the praises of bitcoin? Were surprised as all get out but damn is that good to see! If youre a business that accepts bitcoin, do you have an automatic advantage over those businesses that dont? Is the bitcoin revolution teaching people basic economics? We think the answer is yes. Inflation drives the cost of bitcoin up but not directly. Are there competitors to bitcoin? http://money.cnn.com/2013/03/06/technology/innovation/bitcoin/ http://www.businessinsider.com/global-economics-lesson-from-bitcoin-2013-3 http://youtu.be/F-X-Au9HrmI http://www.theverge.com/2013/3/4/4063084/new-bitcoin-only-electronics-retailer-competing-with-amazon-newegg

Throw something in our tip jar. Ethan enjoys a stiff drink! 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn 1:16 - The guys take aim at popular podcasting pioneer Adam Curry and tech writer John C. Dvorak who display an incredible aptitude for failing to understand the finer points of bitcoin as they bludgeon their way through denouncing the popular crypto currency as nothing more than a disaster waiting to happen. http://www.reddit.com/r/Bitcoin/comments/19erg1/get_out_of_bitcoin_john_c_dvorak_who_predicted/ 11:30 - Bitcoin market cap is at over $380,000,000. What are the finer points of this $380M figure and what does market capitalization mean? Also, how do lost bitcoins effect this figure? http://blockchain.info/charts/market-cap (CORRECTION: Ethan stated that lost bitcoins would mean the bitcoin market cap is in fact an underestimation when the reverse is true. While lost bitcions add to the value of circulating bitcoins, this is already reflected in market prices and have nothing to do directly with the market cap of bitcoin. We regret the error.) 15:40 - Are major business investors ready to take a look at bitcoin? Ed and Ethan ponder the next evolutionary stage of bitcoin as a money and talk about crazy future projected valuations. A single bitcoin is divisible to 100,000,000 units and theres a reason for that. http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal

Throw something in our tip jar. Ethan enjoys a stiff drink! 12CEuFuAXLPQLe679ZHEsXqYgMfzT1p9qn Bitcoin is as exciting as its ever been and is only getting more and more interesting. Listen to Ed and Ethans bitcoin cast for the latest bitcoin news and insight into the worlds most successful crypto currency. 1:13 - Is hoarding bitcoins a bad thing? Do hoarders keep bitcoin out of the hands of those who want to use them? http://themisescircle.org/blog/2013/02/19/end-the-fed-hoard-bitcoins/ 12:50 - Kim Dotcoms Mega accepts bitcoin as payment for services. What does this say about business adoption of bitcoin? 18:53 - Lets talk bitcoin mining! What are the basics and what are ASICs?