E46 - Bitcoins in the Cloud - Let's Talk Bitcoin!




The Let's Talk Bitcoin Network show

Summary: Shownotes for Episode 46 - I've Seen Better Days Falkevinge (falkevinge.net), controversial author of swarmwise and founder of the pirate party has done the math and thinks the price of bitcoin is off. Way off. Orders of magnitude off. Andreas explains his logic, and we talk about how value is relative, and determined by what you want to get from your money. Then, I interview Benny and Emmanuel of CloudHashing (cloudhashing.com), a hosted mining service that aims to give would-be miners instant gratification and positive ROI for a nominal fee. In our continual quest to discover if mini ng is really suitable for anyone without at least five figures to invest, these guys hope you think theyre the answer. Some of you love Altcoins, some of you hate them, but the fact is that lots of different coins are offered up as Donations to Lets Talk Bitcoin! and we wrap up todays show with a discussion about how we pick which ones to take vs not. But first, LocalBitcoins (localbitcoins.com) for better or worse is a high traffic and influential source of in-person bitcoin sales. Stephanie shares a recent story about what Andreas calls a cross-site scripting attack that drains your LocalBitcoins account of funds! Thanks to those of you who have purchased Video Conference Passes, were very excited to provide this service and have another way to raise the funds that power the show. If you havent already pre-ordered your pass in Bitcoins, visit BitcoinVideoPass.com and see how easy buying in Bitcoin can be. Episode 46 Tip Address Bitcoin: Due to very low donations in Litecoin, we've discontinued per-episode Litecoin addresses - Please donate Litecoin via the General Show Support address below General Support Addresses: Bitcoin: 1LTBShowv5nZ2fgZ4hWU7ieeDRNKSAxtov Litecoin: LZxkcspyUj3LnMjukTzcSSPkDvLu1uudZp