💳 Vitalik says the future is $5-10 crypto gift cards 🇨🇳 The Bitmain IPO and Crypto Power Rankings 📞 Aaron and Jay seek advice from a Craigslist "Crypto Consultant" Thanks to Zach from nycryptoconsulting.com and to our partners at Medium.com where you can find all the best writing about crypto.
We talk mini-bounces, Bitcoin ETF hype, the Chinese mining business is a good business, and Doug returns from the World Series of Poker for a trip through altcoin nostalgia. Thanks to the Techeme Ride Home podcast for sponsoring the show! And thanks to our partners at Medium.
Jay and Aaron talk about the coverage of Augur assassination markets and Aaron loads up his Metamask account with REP to make a live betting market based on whether the Trump pee tape will come out. Then Aaron interviews @Coinyeezy and @NonDualRandy about making crypto products that people can actually use like Honeyminer , which you can use to mine with a spare computer....
Jay & Aaron download Augur, sync the ETH blockchain, and place their first bet on the decentralized prediction market. Download Augur
🇷🇺 Russian hackers used BTC to buy VPNs and domains 🛍 Coinbase goes on a shopping spree and " explores" adding ZRX, ZEC, ADA, BAT and XLM 🎰 Augur launches and we consider betting on some of the more skewed lines...
A book excerpt ("Duality") purportedly from a memoir by Satoshi Nakamoto appeared online. Aaron & Jay do a close read and guess what the real Satoshi has actually been up all these years. Show Notes What Does Crypto Care if Zooko Is a Millionaire? (CoinDesk) Did Satoshi write this book excerpt? (Wired) Duality: An Excerpt (Nakamoto Family Foundation)...
WIRED's Gideon Lewis-Kraus visits the crypto cave to discuss his cover story on the tragicomic scandal that is Tezos and how well-intentioned projects can end up just as troubled as scams. Show Notes " The Economic Limits of Bitcoin and the Blockchain " (Eric Budish, University of Chicago Booth School of Business) Gideon Lewis-Kraus Tezos (XTZ) Tezos: Inside the Crypto World's Biggest Scandal (WIRED, June 2018)...
📚 The Fake Internet Money Book Club Vol. 1 concludes with a discussion of what a world run on the Bitcoin Standard would look like. Show Notes: @Saifedean The Bitcoin Standard: The Decentralized Alternative to Central Banking (Wiley, 2018) Saifedean Ammous' Blog My 133 favorite quotes from The Bitcoin Standard (Yorick de Mombynes, Medium) Enta Omri - Umm Kulthum...
🇨🇳 The CEO of Skycoin claims he was kidnapped by his own Chinese marketing team and encourages investors to dump and rebuy. 💩 Bitcoin maximalists are sick of sh*tcoins. 🏧 Speaking of sh*t, Steve Bannon has come out as a coiner . 🦄 Would Bitcoin be better off if Ethereum had never existed?
Most of the miners you'll encounter are secretive and eager to discourage you from getting into mining. Not Chris Dannen –he's a former journalist and the author of two books on Ethereum who now runs Iterative Capital , a crypto fund that runs multiple mining facilities.
⚰️ Aaron buries his first love $SUMO 🧟♂️ The Monster ICO 💳 Are gift cards a money-laundering scam? Is everything a money-laundering scam? 🙄 What would stable Bitcoin really mean?
The Fake Internet Money Book Club returns with our second episode on " The Bitcoin Standard: The Decentralized Alternative to Central Banking " by Saifedean Ammous. 🥩 Why return to a "standard" at all? Why Bitcoin not gold? ⏳ Time Preference and Money 😂 Aaron accidentally invents the worlds stupidest stable coin
🤖 After Ripple fans were offended by Jay's suggestion that they are mostly bots, we asked the most reasonable XRP-fanatic we could find to tell us why he is so passionate about Ripple. (Thx, Kieran ) 🔫 Should we move to Bitcointopia in the Nevada desert? 💉 Cansecoin is not real, but Jose Canseco's twitter crypto-calls have been DEAD ON....
🗞️ An interview with the Nathaniel Popper, who covers crypto for the New York Times ⛴️ The Consensus yacht party where they gave away 2 Aston Martins in exchange for watching an insane 23-minute Jaxx commercial 👘 Aaron's beloved $SUMO rebrands as $RYO and we are all the poorer for it
🏦 ZCash (ZEC) goes "good crypto" legit with a licensed exchange listing on Gemini 🎉 The Supreme Court rules that SPORTS GAMBLING IS LEGAL IN ALL STATES (sort of) 🙀 Jay visits Ethereal and witnesses Mike Novogratz bidding on a $140,000 cryptokitty...
📚Fake Internet Money Book Club: Part 1 🌽 Safidean Ammous ’s The Bitcoin Standard 🚕 The Kang guide to taxi medallion speculation 🚽 How Michael Cohen got rekt by Uber
Laura Shin vs Ripple Inc .: Who the hell are these XRP Stans? Coins in Pop Culture: HBO's Silicon Valley ICOs Post-Apocalyptic BTC Spec Scripts: The Bunker with $10 Billion in Bitcoin (Bloomberg)...
We talk to Brady Dale , who covers ICOs and more for CoinDesk , plus: the BTC-ransoming of aaronlammer.com Stephon Marbury's Chinese "sports blockchain" Kanye mentions Bitcoin and the market doesn't care Japan moves to ban privacy coins from exchanges the CFTC wants YOU to snitch (on ICOs) the IBM blockchain commercial that plays during the NBA playoffs as a form of torture....
How blockchain was deployed to combat Chinese censorship in a #MeToo moment Whether Ether is a security (Preston Byrne) No, ether is not a security. (Peter Van Valkenburgh, Coin Center) Coinbase CEO just retweeted that 0x has done more for ethereum than any ICO. (Reddit) 0x Protocol: 0x is an open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. Fake Internet Money Book Club #1: The Bitcoin Standard: The Decentralized Alternative to Central Banking (Sai...
Poker shark / actor Doug Kim returns to the show PLUS: Cambridge Analytica-coin crypto-weed why alts hurt at tax time the mysterious hackings of crypto-personalities like Ian Balina...
Alt season on college quads everywhere decentralized videos on DTube George Soros makes the dictator case for Bitcoin the Telegram ICO gets retracted what happens when companies HODL and prices crash James Surowiecki’s MIT Technology Review piece “ Bitcoin would be a calamity, not an economy ”
@Ledgerstatus , the only trader on Twitter that Jay & Aaron trust, returns to the show to talk about why the fundamentals on Bitcoin have never been stronger, the future of altcoins, and how he remains optimistic during downswings. PLUS: The Floyd Mayweather / DJ Khaled-shilled coin Centra is unsurprisingly a scam. Which celebrity ICO promoters would we trust? And a full breakdown of everything we got wrong in our blockchain episodes (thanks to the listener fact-checkers out there!) Ledgerst...
Maaaaaaaailbag!!!! Plus the Satoshi Vision Conference and the creepy stuff that's getting logged for eternity into the Bitcoin blockchain (Mailbag starts at 21:00)
Aaron & Jay got into crypto as the market skyrocketed, then rode the crashes down. Now as they sit near break even, they discuss all the mistakes they made as amateur traders: chasing alt highs, panic selling the bottom, getting swept up in Twitter hype, and generally making the wrong decisions at every juncture. 😍😴 🤑 😳😳😳 😳🤢🤮
After failing to internalize the business/humanitarian potential of blockchain technologies in the last episode, Aaron talks to the reporter Adrianne Jeffries about her Verge article " Blockchain is Meaningless ". @adrjeffries Adrianne Jeffries' weekly crypto column on The Verge Bitmain’s new $12K cryptocurrency miner might be useless by the time it ships (The Next Web) Blockchain is Meaningless (The Verge) IBM launches a cheaper platform for start-ups to build blockchain projects (CNBC)...
Aaron & Jay try (and fail) to wrap their heads about the blockchain itself and how it could be revolutionary in realms outside currency. Can you believe in the blockchain but not Bitcoin? What do companies like IBM want with blockchain technology? Has anyone actually done anything worthwhile with the blockchain other than issuing coins? Thanks to Adrianne Jeffries whose Verge article '‘BLOCKCHAIN’ IS MEANINGLESS' inspired this episode....
Aaron and Jay are back on their bullshit for a late night chat about Coinbase's newly announced Index Fund (which includes a full buffet of the 4 Coinbase coins weighted by market share) and revelations that Mt. Gox's Japanese trustee dumped one of the world's largest cache's of Bitcoin and Bitcoin Cash , decimating the market just as it reached an all time high. Plus a really stupid Bitcoin Cash (BCH) rap video....
Jay and Aaron talk about: what an ICO (initial coin offering) is and how they might be regulated in the future handicapping betting odds for the next tiny country to issue its own cryptocurrency And then interview Peter Van Valkenburg, the director of research at Coin Center which is the "leading non-profit focused on the policy issues facing cryptocurrencies."
Aaron & Jay try to wrap their heads around yet another scammy ICO—the Petro (PTR) issued by Venezuelan strongman Nicolás Maduro. 04:25 Nicolás Maduro looks at Bitcoin miners 04:28 kimjongillookingatthings.tumblr.com 8:45 Coin Talk #5: Tether (USDT) is the New Disneybucks 33:33 The Petro Hasn't Raised a Dime (Alejandro Machado, Caracas Chronicle)...
Aaron and Jay talk about Robinhood , the Telegram ICO and the TON token, and then bring on Maria Bustillos to talk about the Civil project which aims to bring the blockchain to journalism and includes her Popula publication. 8:32 Brokerage App Robinhood Thinks Bitcoin Belongs in Your Retirement Plan (Max Chafkin, and Julia Verhage, Bloomberg) 10:45 Bitcoin Thieves Threaten Real Violence for Virtual Currencies (Nathaniel Popper, New York Times) 21:19 @EricWl "Just looked through the Telegram ICO ...
