January 6th from NYC: As usual, we have another great episode with diverse guest and valued opinions. Here is the TLDR:
00:45 – Bitcoin Price: The price has gone up from $750 to $1150 in 3 weeks and crashed down to $850 over the last two days. We discuss this topic along with factors like China Currency Manipulation and Fake Volume on Chinese Exchanges.
23:30 – Exchanges Unavailable: Coinbase’s downtime was the focus of this section but we also discussed other Tweets by Brian Armstrong like the one where he has started supporting SegWit & also asking the twitter community as to which Alt-Coin should be added to the Exchange.
50:00 – Blockchain, Blockchain, Blockchain: Goldman Sachs’s latest CES commercial shows that they have no idea that PoW is the real innovation here, I try to explain. Also talk about the crazy Wired Article highlighting Even Olaf Carlson-Wee’s investment fund Polychain with Andreessen Horowitz and Union Square Ventures. This is one of the stupider ideas and is almost identical to TheDAO without the incompetent programmers part (unless they plan to create a Turing complete token)