Unhashed Podcast - Even Clowns Can Wield Hurtful Hammers




The Let's Talk Bitcoin Network show

Summary: On this episode of the Unhashed Podcast, we compare Harvard's endowment with the Unhashed endowment, get bored by even more corporate BTC purchases, comment on wumpus' role in the community, and why you should dump all your bitcoin because it can be double-spent now. As reported by Coindesk, some of the largest university endowment funds in the U.S. have been quietly buying cryptocurrency for the past year or so through accounts held at Coinbase and other exchanges. According to two sources familiar with the situation, Harvard, Yale, Brown and the University of Michigan as well as several other colleges have been buying crypto directly on exchanges. (Several Ivy League endowments took an interest in blockchain technology via crypto-focused venture capital funds back in 2018.) 'œThere are quite a few,' said a source who asked to remain unnamed. 'œA lot of endowments are allocating a little bit to crypto at the moment.' Yale and Brown did not respond to requests for comment by press time. When reached by CoinDesk, the Harvard and University of Michigan endowments declined to comment. Coinbase also declined to comment. University endowments got a single mention in Coinbase's annual report for 2020, but without naming any names. Investment flows into cryptocurrency funds and products hit a record $1.31 billion last week after a few weeks of small outflows, as investors took advantage of the decline in bitcoin and other digital asset prices, according to the latest data on Monday from asset manager CoinShares. Total assets under management (AUM) in the industry slipped to $29.7 billion as of Jan. 22, from an all-time peak of $34.4 billion on Jan. 8. At the end of 2019, the total AUM was just $2 billion. Grayscale, the world's largest digital currency manager, posted assets under management of $24 billion last week, down from $28.2 billion on Jan. 8. CoinShares, the second largest crypto fund, managed assets of $2.9 billion in the latest week, also down from $3.4 billion on Jan. 8. 'œWe believe investors have been very price conscious this year due to the speed at which prices in bitcoin achieved new highs,' said James Butterfill, investment strategist, at CoinShares. Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. Yawn... Craig Wright, the self-proclaimed creator of bitcoin, has sent legal notices to two websites to take down the Bitcoin whitepaper. Bitcoin.org and Bitcoincore.org were sent the notices on Wednesday, Bitcoin contributor ""Cobra"" said in a blog post published Thursday. Cobra said Wright's lawyers claim that he owns the copyright to the paper and is the original owner of bitcoin.org. This is not the first time Wright has made such claims. In 2019, he made at least two attempts to claim copyright and authorship of the Bitcoin whitepaper. Bitcoin.org has refused to remove the whitepaper, while Bitcoincore.org surrendered. ""Unfortunately, without consulting us, Bitcoin Core developers scrambled to remove the Bitcoin whitepaper from bitcoincore.org, in response to these allegations of copyright infringement, lending credence to these false claims,"" said Cobra. ""By surrendering in this way, the Bitcoin Core project has lent ammunition to Bitcoin's enemies, engaged in self-censorship, and compromised its integrity."" Cobra said Bitcoin.org will continue hosting the Bitcoin whitepaper. ""Others hosting the whitepaper should follow our lead in resisting these false allegations,"" he said. On Twitter, under the hashtag #BitcoinPdf, hundreds of users are reporting the upload of the white paper. Some of the entities that have joined the initiative are: Microstrategy, Fidelity Digital Assets, Coin Center, Chaincode Labs, Paradigm fund, Casa startup, NYDIG firm and renowned developer Riccardo Spagni 'œFluffy Pony'. Previously, CriptoNoticias reported the publication of the book from Square and Novi, companies linked to Twitter and Facebook. In a relate