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Daniel Krawisz and Michael Goldstein of the Satoshi Nakamoto Institute today broadcast the first episode of their new podcast titled "The Crypto-Mises Podcast". Episode one covers app coins and why they are a bad investment and includes a response to Vitalek Buterin's article "On Bitcoin Maximalism, and Currency and Platform Network Effects."
The new podcast comes off the back of the duo's informative round table discussion series.
In dueling narratives in today's news headlines in Belarus the country is simultaneously experiencing both a trade bonanza and a currency panic to which strong capital controls have been imposed in response. As this happens a Russian Member of Parliament hinted in a tweet that if President of Belarus Aleksandr Lukashenko warms relations with the west in an effort to improve economic prospects he might face a fate similar to Libya's Ghaddafi who fell in a coup supported by the United States after entering into a détente. Continue reading
On the Seth Meyers' Late Night show, rapper 50 Cent described his feelings about the cryptocurrency: Continue reading
The Daily Dot reports that prosecutors in the Ross Ulbricht case working under Preet Bharara is seeking to bar Ulbricht and his defense team from bringing up the subject of Ulbricht's political beliefs at trial, and wants to prevent Ulbricht from saying anything political at all on the stand. Preet Baharara is himself specifically concerned that the defense wants to bring up: Continue reading
From MIT 6.858 comes four Final Projects which are using Bitcoin. They are:
In February of 2013, Reddit began accepting bitcoin for Reddit Gold. The company then went on to hire Ryan X. Charles as a Cryptocurrency Engineer, tasked with a secret project revealed today as Reddit Notes.
The company recently raised $50 million, which could be the result of the company's inability to remain profitable long term, as the company closed the 2013 fiscal year in the red, resulting in the "daily reddit gold goal" meter. Now being valued at $500 million, the company stated its desire to give back 10% of its equity to its user base via cryptocurrency. Continue reading
Patrick Murck has confirmed the departure of Jim Harper from the Bitcon Fundation. Harper, who joined the foundation in March of this year, set to work building a bridge between Bitcoin and governments of the world. As it turns out, spinning your wheels or as Murck puts it – trail blazing – is too costly an endeavour and the foundation will now shift its focus from lobbying and back to Core development. Continue reading
Charlie Shrem, who plead guilty to one count of aiding and abetting the operation of an unlicensed money transmitting business as part of a plea deal struck with prosecutors from the office of Preet Bharara back in September of this year, has been sentenced to two years in prison for his crimes.
Tweeting about his sentence, Shrem said: Continue reading
The United States is suing former MoneyGram chief compliance officer Thomas Haider as prosecutors wish to hold him personally responsible for the fact that telemarketing scammers managed to at some point receive payments through MoneyGram's services. The suit was announced by Preet Bharara, the US Attorney for the Southern District of Manhattan and FinCEN director Jennifer Shasky Calvery. Continue reading
Earlier this week Romanian Bitcoin exchange btcXchange.ro issued an advisory that customers withdraw both Bitcoin and Leu denominated funds from their platform by today, December 19th. Today they issued a further advisory that issues on their platform are related to an ongoing dispute between that platform's management and their developer. Continue reading