Bitcoin & Markets

This episode is simple, it's just my thoughts on the whole blockchain everything movement out there. I talk about what I think blockchains are good for and what they aren't good for.

I talk about the Brexit and its fallout. Trade blocks are forming quickly and Europe will be cut out. This is just the beginning, and I talk about Italy, Greece, and Germany.

Daniel Hannan Debate

Italian Banks and second link about the banking crisis and third link from ZH about a bailout

Turkey and a South Stream link and a Gazprom link

Greece gets $5 billion from Russia

Germany's Ties with Russia and second link for you about this.

Thanks for listening, don't forget to share.

In this episode I discuss a topic that comes up quite often for me, a Gold Standard vs a Bitcoin Standard. I recorded the morning after the Brexit vote, and the best performing assets during the last 24 hours were bitcoin followed by gold. It's a bit of a stretch at this point to talk about a bitcoin standard, but if people think a gold standard is likely, a bitcoin standard is better in almost every way, so maybe we should start talking about it.

This is an update on the DAO and Ethereum situation. It's a continuation from my EP5, from several weeks ago where I correctly pointed out its game theoretical flaws. Coded democracy still escapes us.

Sources Whale Panda

Ethereum chat logs

Nakamoto Institute

White hat hack

Charles Hoskinson was the insider slamming Tual. He deleted the tweet I saw, but here is a related one.

Ethereum has lost all credibility as their counter hack has been infiltrated by the hacker. They look so silly.

Sorry guys, no Lisk today. Their whitepaper is MIA, undergoing revision. I asked for a copy, but no luck. I'll get to that as soon as it's available.

Today, I rant about some headlines including, cryptolocker or ransomware, planting the flag for bitcoin with "bitcoin is the technology behind blockchain", and finally Spain, the Brexit, and the EU.

Cryptolocker forcing stockpiling of bitcoin

Bitcoin power narrative

BeautyOn Medium

Spain and Europe

That's it. Thanks for listening. Please share and let's push this podcast to 500 listens per episode.

This episode gets into conspiracy land about oil and lessons the bitcoin community can learn from that situation. But first I update a few running stories from previous episodes and hit some relevant news items.

Update section: Abe at the G7

Brexit and steel

Antpool won't run segwit Link 2

Mycelium crowdsale

DAO dao.report

Stratfor article about Niger Delta Avengers

Fires Link 2

Music: Eruku-Tatakai

In this episode, I give you a few updates on the developing DAO situation, discuss a great comment by the Renegade Investor on twitter, and then dissect Former Chief Asia-Pacific Economist at Morgan Stanley's recent op-ed where he railed against the current dysfunction of the global financial system, as well as giving his warning for the future.

Vlad's Moratorium

Stephan Tual's Proposal to pay slock.it

Zeit Online

Renegade Investor His Twitter

Andy Xie

The Elite

I breakdown everything I can about the DAO, from definitions to politics, including some interesting critiques that I hope can settle any confusion listeners have. I'm not an expert so please tell me where I got it wrong, or where I got it right.

Definitions I talk about:

• Tokens/Token Holders - create tokens by staking ether in the smart contract, each token has proportional voting rights, and ownership/equity rights.
• Curators - person or group of people that perform centralized roles for the DAO, they maintain the whitelist of contractors, vet proposals, and identifies proposal authors.
• Contractors - a third party that can receive ether from the DAO and/or is funded by or owes money to the DAO.
• Proposal - A smart contract that is voted on. Two types: "regular proposal" and "newCurator" proposal.
• Quorum - Voter participation rate needed to make a vote binding. 20% for a "regular proposal", none for a "newCurator" proposal.
• Split - If people don't like a proposal they can split from the DAO by forming a new DAO. Meant to be a way to update the curator and to protect the minority from a majority attack.

Links: DAO

Reinvent.Money YouTube

Dan Larimer Post about the DAO

DAO Whitepaper

Book of Qi - 36 Stratagems - "Kill with a borrowed sword"

Music: Choys - 3rd Floor

In this episode I talk about "blockchain no bitcoin" in regards to R3CEV's new funding round. I also, dissect the Morgan Stanley blockchain paper from last month. They just don't get blockchain and I find a lot of enlightening things in there. Lastly, I talk about the trade war heating up in the steel industry. The US just place up to a 522% tariff on Chinese steel. What's going on, and how does it involve Europe and the UK?

BitcoinErrorLog's blog

Morgan Stanley's blockchain paper

Steel Trade Wars

Chinese steel tariffs

More on Chinese Tariffs

Baltic Dry Index

Music: Choys - 3rd Floor Thanks for listening!

Debt and Demographics

Japanese Central Bank Total Assets

Japan debt to GDP

World Bank

Why can't japan shake it's economic malaise? Two words: old people.

Japan economic malaise

TECHBUREAU RAISES $6.2 MLN, FORMS PARTNERSHIPS FOR BITCOIN SERVICES DEVELOPMENT

Japan's Demographic Crisis: Any Way Out?

Japan, Bitcoin and Tokenization

Italy's Debt Trap—-Survival Or The Euro

Music by Choys - 3rd Floor