crypto gossip

Episode #11: The banks quite like bitcoin, but they don't want you using it. Poor form!


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First up this episode, Leo Treasure our Taiwan Correspondent interviews Alex Liu from MaiCoin (pronounced the same as my coin), a premier digital currency exchange and investment platform in Greater China. https://www.maicoin.com/en/about
We apologize for some audio drops during the guest interview spot, this was our first attempt at remote interviews using Google Hangouts and clearly needs some refinement.
Our guests this week are Adam Poulton (Launceston, TAS) and Lucas Cullen (Brisbane, QLD), https://www.bitcoin.asn.au/
Your hosts are: Dale Dickins, Peter Robertson and Warwick Greville www.MelbourneForexGroup.com
Credits for music
Vasile Plesca
Leo Treasure
Dyfo Jeluky by sliipii, https://www.propellerheads.se/s/aX7HTCLh
Jojysu by sliipii, https://www.propellerheads.se/s/rtC2ALC4
Rip squad by sliipii, https://www.propellerheads.se/s/FOhV5qaU
Sadroid by sliipii, https://www.propellerheads.se/s/hwruhA4G
Jyjegybo by sliipii, https://www.propellerheads.se/s/5jFu2C9O
Jugu Pyta by sliipii, https://www.propellerheads.se/s/YKaMfr64
Miiyagii by sliipii, https://www.propellerheads.se/s/q6Y8y4fu
Higuvupiju by sliipii, https://www.propellerheads.se/s/Pxhep0yb
0:00 Leo Treasure, interviews Alex Liu from www.Maicoin.com https://angel.co/maicoin
14:26 DALE intros the news topics for the show
17:23 Peter starts it off with Banks and Patents
http://www.coindesk.com/bank-of-america-cryptocurrency-wire-transfer-patent/?utm_campaign=Third-Party%20Articles&utm_content=21297110&utm_medium=social&utm_source=twitter
http://www.coindesk.com/coinbase-files-9-patents-for-bitcoin-products/
Tesla files a patent - #opensourcedly http://www.teslamotors.com/blog/all-our-patent-are-belong-you
BankOfAmerica filed a patent to wire transfers using cryptocurrency https://www.cryptocoinsnews.com/bank-of-america-wire-transfers-cryptocurrency/
22:25 Australia Banks clamping down on Bitcoin Companies http://www.abc.net.au/news/2015-09-22/bitcoin-traders-claim-discrimination-by-australias-banks/6795782
Big Australian banks stun bitcoin companies by closing their accounts http://www.afr.com/technology/big-banks-cut-off-accounts-of-bitcoin-companies-in-battle-for-the-future-of-payments-20150921-gjr7hu
25:29 start our own bank ! maybe not.... talked about Launceston having a lot of bitcoin merchants
30:20 Master Chess Game - I think this is the link... https://bitcointalk.org/index.php?topic=1148538.320
34:06 beating the banks with info
BANKs are creating their own Blockchain http://www.ft.com/cms/s/0/72ffd222-66be-11e5-97d0-1456a776a4f5.html#axzz3neQlGUFX
Banks can't trust other Banks. $1 billion for a real time solution for Banks.
If Banks use bitcoin as the settlement medium, transaction costs will rise.
38:32 Try to explain to a 5 year old why we still need banks, that's not so easy.
41:52 A Litecoin guy made millions that Accountants and ATO just don't know how to deal with it.
46:47 New Silk Road Drama http://motherboard.vice.com/read/fbi-is-investigating-whether-a-crooked-agent-harassed-variety-jones
Eileen Ormsby: https://twitter.com/eileenormsby
48:07 Australian Bitcoin Association Adam Poulton and Lucas Cullen on their involvement in the Bitcoin Community.
Adam https://au.linkedin.com/in/gpibitcoin
Lucas http://www.meetup.com/BitcoinBrisbane/members/45238142/
54:55 Adam and Lucas also run.... http://www.getpaidinbitcoin.com.au
1:06:20 Lucas: paying bills with the Australian service https://www.livingroomofsatoshi.com/
1:07:39 Launceston, Adam has signed up local businesses to accept bitcoin plus 2 ATM's.
CBA have ALBERT: https://www.commbank.com.au/business/merchant-services/eftpos-options/in-store/albert.html
1:09:01 Sexpo Festival using bitcoin www.sexpo.com.au Tokens provide cashless ways to get paid.
1:11:43 Dopecoin Variety Jones - Lots of drama over http://www.xbt.money/dopecoin-launches-grow-network-pegging-crypto-to-cannabis/
1:13:36 END
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