video: https://youtu.be/5Y-zBNgZH3c

Milton Friedman was one of the twentieth century’s most inspiring champions of individual liberty. He was the 1976 winner of the Nobel Prize in economics, and in this 1999 interview he spoke about the need for an internet currency that couldn't be tracked.

"The one thing that's missing, but that will soon be developed, it's a reliable e-cash."

This week was his birthday, so I thought it was a great opportunity to celebrate his life by sharing his thoughts on internet money!

Happy Birthday, Milton Friedman!

video: https://youtu.be/Enyee54nOvE

Today the committee on Banking, Housing, and Urban Affairs held a hearing on “Examining Regulatory Frameworks for Digital Currencies and Blockchain.”

They talked about government role in money, suspicion of the tech sector, and what they see in cryptocurrency's future.

As always, there was some good, bad, and ugly. I go over the highlights of the hearing.

The witnesses included:

Mr. Jeremy Allaire, Co-Founder, Chairman and Chief Executive Officer, Circle, on behalf of The Blockchain Association

Dr. Rebecca M. Nelson, Specialist in International Trade and Finance, Congressional Research Service

Professor Mehrsa Baradaran, Professor of Law, University of California, Irvine School of Law.

video: https://youtu.be/q6D2EfnbiBI

Australia plans to ban cash transactions for amounts over $10k AUD ($6900USD).

This reflects a worldwide crack down on cash use, and is a huge violation of financial privacy. It also forces people to use the banking system, pay bank fees, and trust banks with their financial data whether they want to or not.

Draft legislation of this ban has just been released, and it exempts cryptocurrency. Can cryptocurrency save us from having all of our purchases tracked and recorded?

video: https://youtu.be/NhrivkGbjKU

Weekly crypto recap with @cryptoramble, we cover all the latest crypto news from the week!

00:57 Justin Sun accusations from China, Buffett lunch postponed, alleged kidney stone, and apologies for hype machine

13:56 BAKKT launches test

AROUND THE WORLD:

18:13 Circle moves Poloniex operations to Bermuda

22:38 ABRA closes some services to US customers

26:28 India's harsh regulation

30:36 Iran Legalizes Crypto Mining

34:55 Venezuela using bitcoin to avoid sanctions

36:49 New NY Crypto Task Force

42:15 IRS cracks down on crypto

43:49 PRIVACY

State of Privacy coin use

https://medium.com/@eliezer.ndinga/th...

RingCT

ZCoin

OTHER:

50:27 AT&T lawsuit over SIM swap continues

51:07 US Treasury Secretary Mnuchin recent interview: "bitcoin looks bleak, US must stay world reserve"

video: https://youtu.be/6Tdl7gxcOyw

Tomorrow was meant to be the well publicized $4.5 million lunch between Warren Buffett and Tron CEO Justin Sun (including other prominent members of the crypto community), but it was postponed because apparently Sun has kidney stones. Meanwhile many other allegations about Sun were reported by various major Chinese news outlets, including money laundering and facilitating online gambling amongst other things. What's the real story? Why was the lunch put off? Naymoji goes over all the theories that the internet has come up with.

video: https://youtu.be/6Tdl7gxcOyw

Tomorrow was meant to be the well publicized $4.5 million lunch between Warren Buffett and Tron CEO Justin Sun (including other prominent members of the crypto community), but it was postponed because apparently Sun has kidney stones. Meanwhile many other allegations about Sun were reported by various major Chinese news outlets, including money laundering and facilitating online gambling amongst other things. What's the real story? Why was the lunch put off? Naymoji goes over all the theories that the internet has come up with.

Video: https://youtu.be/oPO06tlL2hk

What has government done to our Money?

Ed Moy was the 38th director of the United States Mint, and one of the highest ranking officials in government to have ever endorsed cryptocurrency in its earliest days.

He chats on a panel at Freedom Fest with techno-utopian George Gilder, Anarchopulco's Jeff Berwick, and CloudCoin's Sean Worthington. We discuss the history of money in the US, the role of cryptocurrency in reshaping society, and what Libra will bring to the table.

Edited for length, for full version visit Freedomfest.com

video: https://youtu.be/r_MXHbNZDFg

Weekly Crypto Recap, where we go over all the latest news in Crypto from the week! With Chris Karabats, and Ashe Oro

00:41 Senate Hearings, Libra, and what we can expect from government going forward

33:46 Bitmex under investigation from CFTC

36:39 More libra hearing stuff!

45:47 Ashe talks about vote buying in EOS and talks about the arguments for and against

video: https://youtu.be/r_MXHbNZDFg

Weekly Crypto Recap, where we go over all the latest news in Crypto from the week! With Chris Karabats, and Ashe Oro

00:41 Senate Hearings, Libra, and what we can expect from government going forward

33:46 Bitmex under investigation from CFTC

36:39 More libra hearing stuff!

45:47 Ashe talks about vote buying in EOS and talks about the arguments for and against

video: https://youtu.be/btH_JFUSoOU

Today was day 2 of hearings for Facebook: The U.S. House Financial Services Committee hosted a hearing on Libra, and there were actually some pretty great moments!

I gathered some of my highlights of the almost 7 hour hearing.