From NYC on Dec 9th: This was a great episode because I got to speak for an extra long time due to no other guests :). The topics were important. I look back into my early days of blogging with my very first articles about IRS and the mentality of Jeramie Allair which I never liked from day one. Here is the TLDR
1. Circle Drops Bitcoin: Circle never appreciated bitcoin for what it was so this move should not be a surprise. They are saying they will continue to use Bitcoin on the back end as a settlement system which I think is not going to last for very long.
2. DLT’s: The Fed has come out with a paper on DLT’s and it looks like they are starting to understand between the Bitcoin Blockchain and a Google Docs Blockchain. I also liked how they clearly consider TheDAO a VC fund while the community was constantly told by TheDAO architects that they are not a VC Fund.
3. VC Fund Created to Invest in ICO Scams: I still think this might be an April Fools joke and the article got printed a little early.
4. ZCash: I do not understand the economics of ZCash would ever create a rice in the price. What made bitcoin successful is that by the time the world found out, 50% was already in circulation and fairly distributed without a pre-mine… That kind of organic economic system is just not replicatable.
5. VC Hacked: The details behind the Augur token hack seem strange to me and the dots are not connecting. It is also hard talking about it because I know Rep tokens are useless and unnecessary.