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WCN Bitcoin Group #145 – UASF, Putin, Ethereum, Singapore and the Bitcoin Bubble

AMDASICBoostBIP148BitmainExchangesPutinRussiaSingaporeUASFVitalik
June 9th from PA Cabin: This was a pretty cool episode where I got to relax a little in the hammock while having a beer :). Here is the TL:DR 0:01:00 – UASF is Gaining Momentum: I take the position...

June 9th from PA Cabin: This was a pretty cool episode where I got to relax a little in the hammock while having a beer :). Here is the TL:DR


0:01:00 – UASF is Gaining Momentum: I take the position that UASF will succeed. I think that economic nodes are starting to realize how dangerous it is to ignore BIP148. We need to keep the pressure on.


0:32:30 – AMD Shares Are Surging on Crypto Mining Demand: It’s nice to see a real company get involved in this space.


0:51:00 – Ethereum in Russia & Singapore: These stories are painful. The Russian one make no sense as Putin obviously would not want a competing uncontrolled currency. As for Singapore, they should be smart enough to not touch the ETH token with a 10 foot poll.


1:07:00 – Bitcoin Bubble: The price of Bitcoin is high but higher prices are probably coming. With potential issue on Aug 1st, people might take their coins off the exchange and hence contract the supply of bitcoin. I describe this dynamic in detail.

BONUS: I now accept Litecoin Donations :)