What is Initiative Q? Bitcoin turns 10 years old this week. Square is coming up with a cold storage solution. The team talks about another shady guy named Justin in the crypto space, and they tackle a really fun mailbag section where Karim brings back the 4th grader from a few weeks ago, which he still has as a weapon. Square Cash has been a fun way to interact with Bitcoin for a while now. The CEO of Square is VERY pro Bitcoin, and now he's releasing a system to the open source that will facili...
Oct 26, 2018•1 hr 25 min
What does blockchain have in common with religion? Are some cryptocurrency leaders like a cult? What would a religion look like if it were created ON the blockchain? The team sits down and discusses the somewhat surprising connection between religion and tech. The team definitely has a bias towards being anti-theistic, but gives this topic a chance on this episode of the CryptoBasic Podcast. LINKS TO TOPICS FROM THE SHOW Organizational Behavior and the Human Decision process Living Better and Lo...
Oct 24, 2018•55 min
Karim is off galavanting the nation so Brent and Mike try to take care of things without him. They do a fantastic job, talking about how Fidelity is getting involved with Bitcoin and Ethereum, breaking down all the Cardano Foundation drama. Also, did you know the Ledger Nano S was 20% off? Better grab one with the link below! LINKS TO TOPICS FROM THE SHOW Fidelity Rolls out a Crypto Service Tether is all over the place Decred is making their DAO Cardano Drama Open Letter Ethereum Classic Dapps T...
Oct 19, 2018•1 hr 7 min
After recently discussing the decentralized loan option for Ethereum called Maker, Mike and Brent sit down to talk about one of Mike’s pet projects: Nexo. Learn about how this centralized option is both different and similar to the decentralized options out there (most importantly the ability to use Bitcoin), and make a decision as to which one of them is best for you. Nexo might even have a credit card coming for you! LINKS TO TOPICS FROM THE SHOW Whitepaper Subreddit Website HELP SUPPORT THE P...
Oct 17, 2018•59 min
This is an extra large episode of the podcast. Binance and Blockstream are the words of the day, and we even talk about Bittrex too. Listen to Mike, Brent, and Karim argue live about what the implications of a Blockstream technology might be to a consumer. The team goes on rants, Brent invites multiple people on to the show to argue with him, and the team even gets to a very difficult to answer mailbag section. LINKS TO TOPICS FROM THE SHOW Binance is Donating Listing Fees Monero Origin related ...
Oct 12, 2018•1 hr 27 min
Why are the markets down? No one really knows, but it’s on everyone’s mind. The Cryptobasic team decides they’re going to break down what makes sense to them as complete non-experts in the field. We learn some interesting things along the way as the team goes on a tangent. What can we learn from Google trends for terms like – What is Bitcoin , How to buy bitcoin , Blockchain , Decentralized? Find out what insights those provide, and what anecdotal evidence the boys can muster on this Round Table...
Oct 10, 2018•58 min
Brent is back and the team has a lot to pack into today’s episode. They’re talking about everything from Coinbase starting the equivalent of an ETF, to how scummy coinmarketcap can be when it comes to how they work out their advertisements. Karim has a very clear opinion on the leadership in Malta, and Stellar has launched the StellarX decentralized exchange! LINKS TO TOPICS FROM THE SHOW Facebook was hacked Coinbase has a bundle for purchase – and here is some more information about it. Sir Tim...
Oct 05, 2018•1 hr 8 min
Learn how to create stablecoins with unstable assets. After the Stablecoins 101 Brent wanted to look a lot deeper into Maker, and how it works and why it might be a good solution. Karim joins him this time to prod him with questions on how and why Maker works, what concerns there are for the future, and if it could ever replace Tether. Karim does a few basic flip flops on whether this Cryptocurrency replacement for the USD will work out. Check out Maker 101 now. LINKS TO TOPICS FROM THE SHOW Whi...
Oct 03, 2018•59 min
Lisk is a project that’s been among the top of the market caps for a while that the Crypto Idiots didn’t know much about, so they decided it was time to tackle that Delegated Proof of Stake coin. Mike and Brent sit down and talk about this cryptocurrency that Brent was more familiar with than he thought. Find out why there might be some downsides to a coin that allows you to use multiple votes in your liquid democracy. LINKS TO TOPICS FROM THE SHOW Whitepaper – (well not really) Subreddit - Webs...
Oct 01, 2018•1 hr 7 min
Brent is off protesting in DC so the team is handling the Flagship with two of them. There’s Austrian bonds, a big bug in the Bitcoin testnet, media bias and much much more. What was Luke Martin talking about? Metamask is supporting the Ledger Nano LINKS TO TOPICS FROM THE SHOW Austria will use Ethereum for bonds. Bitcoin Bug explained 62% view media as biased. Luke Martin on Twitter Metamask supports ledger Google ends ad ban Turkey crypto use Argentina Crypto Use Venezuela Crypto Use Can’t tak...
Sep 28, 2018•37 min
Today is a special day for the CryptoBasic Team. Jason Kyriakos is on the show with Brent and Karim to talk about the economics of Greece, and how it affects his everyday life. Jason is the editor of the CryptoBasic podcast, and he is responsible for the clean, crisp sound that you all hear on a daily basis. Join us as we have a frank discussion about the Greek culture, about how that movie was really terrible, and about what questions Greeks may have about cryptocurrency and how it affects thei...
Sep 26, 2018•57 min
Mike noticed a coin called GoChain won the Binance monthly contest to get listed for free and decided to take a look at the project. GoChain is an interesting concept where they aren’t as interested in immutability as other coins, but see it as something that should be changed when necessary. Brent wasn’t here to yell at Mike and Karim about decentralization, so get a look at how this project might fare in the crypto world. Find out if Proof of Authority is something that you’d be interested in ...
Sep 24, 2018•44 min
Flagship Friday Episode 38: The CCID public blockchain rankings are a joke, and they have the team fired up. Whoever put them out didn’t even do their base level research, and the numbers don’t make any sense. Robin Hood is selling your data, there is a 21 day challenge going on with a woman in China...and she ended up in the hospital. Learn all this and more with a decent amount of mailbag and other fun rants on this episode of Crypto Basic Flagship Friday. LINKS TO TOPICS FROM THE SHOW Mike’s ...
Sep 21, 2018•1 hr 15 min
Dogecoin is extremely unique in the crypto space. What started as a joke quickly became a project with a life of its own, with a unique community that has kept the project alive against all odds. Find out how the joke started, how they managed to get a NASCAR car to have the likeness, and learn where they might be going in the future. Brent and Mike do a really bad job of using Doge speak also. Much cringe. LINKS TO TOPICS FROM THE SHOW Subreddit Website Block explorer Wikipedia Reddit post by B...
Sep 19, 2018•47 min
WHEN MOON?! Literally. Today we decide to talk about the possibility of sending a space tourist around the moon with SpaceX. There’s not much in the way of crypto conversation here, other than talking about how much crypto it will cost. We also mention a punishment for Mike that can be found here. LINKS TO TOPICS FROM THE SHOW Here is the link to the tweet How we could build a moonbase today SpaceX Website Amazing Video of dual landing HELP SUPPORT THE PODCAST! PLEASE Subscribe and give us an ho...
Sep 17, 2018•30 min
Today on the show the boys talk about what punishment Mike needs to do for sucking so much. We draw the winner of the portfolio contest and talk about why Bitcoin Private was such a stupid choice. In the news we tackle the rumors that Coinbase and Black Rock are joining forces, check out spending DASH in Venezueala, and go into the NASDAQ creating a platform that will try and predict Cryptocurrency pricing. Then Karim goes on a long tangent about Brazil museums that has nothing to do with crypto...
Sep 14, 2018•1 hr 17 min
Today Brent and Mike are going over a few of the USD Stablecoins, they explain what they are, why we might want them, and then tackle how each one of them work. Tether, BitUSD, TrueUSD, Maker DAI, and Gemini USD are on the docket for today. In the end all of these coins are cryptocurrency assets that are trying to mimic the US Dollar to the best of their ability, but they all go about it differently. Find out the subtle differences between Tether and all those other stable coins nipping at it he...
Sep 12, 2018•1 hr
Luke Mulks, the Director of Business Development at Brave sits down with Brent ans answers all of his questions about the Brave Browser and the Basic Attention Token project. We talk a lot about the future of Brave, the future of privacy, and what we can expect for decentralization of the project in the future. Brent brags about getting some Brave Hydroflasks, and we even talk about the head scratching uphold.com partnership, getting a great explanation for how that worked out and what it looks ...
Sep 10, 2018•1 hr 3 min
You know what time it is! It’s Flagship Friday! This week we’re talking about all the usual suspects. John McAfee and his hammocks, the SEC and it’s commissioners, and of course our best buddy Craig Wright. Find out why he’s definitely totally Satoishi and how he does exactly what Satoshi would do in any and all situations. You’ll also learn why the US may be losing to the rest of the world in the race for Blockchain tech, and how hard it is to predict Bitcoin prices even if you’re a self procla...
Sep 07, 2018•54 min
Anthony Lusardi from the Ethereum Classic Cooperative is back again on the show. This time it’s a less formal scenario where we kicked Karim out. Mike and Brent talk with Anthony about immutability and how it can equate to censorship when that immutability is broken. The conversation goes all over the place, Anothony’s cat tries to stop him from making an announcement of an announcement at the end of the episode, but fails. Learn about the upcoming conference that will be live streamed at some u...
Sep 05, 2018•1 hr 3 min
Brent and Mike sit down with James Duffy, the Co-Founder of the Loom Network to discuss a multitude of topics. They talk gaming as it’s central to the Loom Network, and get specific about Zombie Battlegrounds, where it came from and why it’s working. They talk about James’s very short lived poker career, his 10 years in Korea, and meeting like minds everywhere around the world. As usual, things get a little off topic. We talk about Ethereum, Bitcoin, and even work in a little callback to an old ...
Sep 02, 2018•1 hr 26 min
On this week’s Flagship Friday the whole team gets together to discuss some recent headlines. A new Bitcoin documentary highlights Jordan Belfort’s criticisms, Square lands a cryptocurrency patent, and Karim sneaks in a story about student debt. The Mt.Gox story may actually have a decent ending, Ian Balina reminds us shills still exists, and an Italian Football team... makes history? Yeah, kinda. LINKS TO TOPICS FROM THE SHOW Article - Dear Wolf of Wall Street: Nobody Cares What You Think Artic...
Aug 31, 2018•55 min
LINKS TO TOPICS FROM THE SHOW 0x Whitepaper 0x Website/Portal 0x FAQ 0x Subreddit Blog - Governance in 0x Protocol Article - 0x lets any app be the Craigslist of cryptocurrency Reddit – Brent asks r/0xProject some questions Blog - Why 0x is not as trustless as it may seem JOIN OUR DISCORD HERE HELP SUPPORT THE PODCAST! PLEASE Subscribe and give us an honest rating on iTunes. These links are all referral links for us, but we use every one of these exchanges and wallets. Of course you can always s...
Aug 29, 2018•41 min
It’s time to sail the crypto waters again on our Friday Flagship! A Bitconnect “leader” gets arrested in India, the inventor of Bittorrent walks out after the Tron purchase, and we discuss some stories of middle men holding cryptocurrency hostage. Mining giant Bitmain is preparing for one of histories largest IPOs, the SEC denied Bitcoin ETFs (again), and Bakkt is finally getting ready to launch. Crypto around the world takes us to Australia where bills are getting easier to pay, and North Korea...
Aug 24, 2018•1 hr 1 min
Mike and Brent sit down and discuss a combo experience: Brave browser and the Basic Attention Token. Mike starts the episode off with the worst pun known to man, and find out what the team thinks is BAT's biggest hurdle to cross, and why the Brave browser is the best browsing experience out there...most of the time. Learn why this token is trying to fix the massively broken advertising experience, how they intend to do that, and when you can expect things to get better. Get Basic with CryptoBasi...
Aug 22, 2018•52 min
This week our Roundtable discussion will be more of a heads-up discussion between Karim and Brent as Mike decided it was more important to try to win poker tournaments! ¯\_(ツ)_/¯ We kick things off with some cryptocurrency updates for Cardano, Nano, Ethereum's Casper, and Vechain. Our RT topic was inspired by John Oliver’s recent “Astroturfing” episode, a topic we’ve discussed on the podcast before. Can we believe anything anymore? And why does Brent finish the episode feeling that Karim destroy...
Aug 20, 2018•59 min
This week our Flagship sails with it’s entire crew as we sail the sea of red which is the current crypto markets… when moon again? o(╥﹏╥)o We kick things off by talking about Bitfi, McAfee’s “unhackable” cryptocurrency hard wallet, getting hacked. AT&T gets sued for $224 million over crypto theft, another major exchange moves to Malta, IOTA update, and an “Exchange Traded Note” gets around the SEC. To finish things off crypto around the world takes us India where the government is exploring ...
Aug 17, 2018•58 min
It’s time for another Roundtable discussion and somehow Brent managed to pick the topic again! We lead off with some news about Kucoin and their headquarters, Vitalik proposed a new algorithm to prevent 51% attacks, and a quick update on IOTA drama. For the Roundtable we discuss censorship, with media giants shutting down Alex Jones for violations of terms of service the boys have to ask… is this a good idea? What doors are we opening here? And does cryptocurrency have anything to say about this...
Aug 15, 2018•58 min
We have a new guest on the show this week joining us for another Roundtable discussion. Matthew Mežinskis is one of the creators of the popular Crypto Voices podcast, where he and his co-host Fernando explore the world of cryptocurrency through the lens of Austrian economics. Matthew sits down with the entire crew to discuss his favorite topic (monetary policy), as well as explain what Bitcoin maximalism is all about. There’s also a lot of talk about charts because… well that’s a lot of crypto n...
Aug 13, 2018•1 hr 32 min
Falgship Friday time, let’s see what’s in store for is in this week in the world of crypto! The owner of the NYSE exchange says Bitcoin can be the first worldwide currency… and they intend to help make this happen. Apple makes history as it reaches $1 trillion and Karim goes on a not so unexpected rant about big corporations (◔_◔) IOTA leaked emails reveal behind the scenes drama, Vitalik and Charles plan a debate via blog, Berlin prepares to host a truly crypto themed hackathon, and the Chinese...
Aug 10, 2018•1 hr 17 min
