thedailybitcoinshow

thedailybitcoinshow

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  • Unhashed Podcast - The Generationally Wealthiest Episode
    On this episode of the Unhashed Podcast, Ruben and Mario go on some detours. We talk AA+AB twitter drama, who has and hasn't gotten arrested among our hosts and guests, and go on a rant or two about generational wealth before tackling the ancient philosophical query: is calling someone a "whale" an insult? Andreas Antonopoulous (AA) and Adam Back (AB) got into a little Twitter argument this week: AA: Free of dictators, institutions, third-party, intermediaries, and just overall bullshit. Learn the difference between Blockchains and Bullshit [video link] | AB: Don't forget the mastering book | AA: I never wrote a book about Liquid! | [AA deletes his post and hides AB's post] | AB: hey I didn't write the book in question. no need to get bendy, people expressed surprise at the time. just a subtle reminder... no need to get upset. '" https://twitter.com/adam3us/status/1420333121036328961 Riccardo Spagni, the former maintainer of privacy coin monero, was arrested in Nashville, Tenn. on July 20 and will be extradited to South Africa to face fraud charges for crimes unrelated to crypto. Spagni, known online as 'œFluffypony,' is accused of stealing approximately $100,000 from his former employer, Cape Cookies, by generating false invoices from fictional entities and routing payment to his personal bank accounts between 2009-2011. Spagni was previously charged with fraud and related charges in a regional court in Cape Town, but pleaded not guilty and failed to appear in court. According to court documents, South African authorities could not find Spagni at his home address in South Africa. After speaking with Spagni's friends and family they learned Spagni had fled South Africa. South African police issued a warrant for Spagni's arrest in April. Spagni was arrested in Nashville when a private charter jet he was using for a trip from New York to Los Cabos, Mexico, stopped for fuel. Spagni is believed to have 'œsignificant cryptocurrency assets that would enable him to flee' as well as a 'œwatch valued at $800,000,' according to the warrant. '" https://www.coindesk.com/former-monero-maintainer-fluffypony-to-be-extradited-for-non-crypto-crimes To what degree is 'œgenerational wealth' a sensible meme? As Unhashed superfan Paul Sztorc tweeted earlier today '˜A short lesson for the people mumbling on here about "generational wealth"', linking to a story about Geico's founders' heir having a rather sad relationship with his generational wealth. According to a Wedgewood Partners' Inc 'œThe Goodwin's had bequeathed their stock to their son Leo, Jr., who had margined the stock to the hilt. Tragically, after the stock crashed, he took his life.' '" https://twitter.com/neckarvalue/status/142223078313833677
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  • Bitcoin Magazine Podcast - The Bitcoin Voter Block w/ Amanda Cavaleri
    Many Bitcoin enthusiasts tend to lean from a significantly libertarian perspective. Many take pride in routing around the government and relish in Bitcoin's ability to just opt out completely. Unfortunately for the Bitcoiners not interested in participating in politics, last week in the United States Infrastructure Bill emerged an existential crisis for Bitcoin and the more general crypto ecosystem. The bipartisan Infrastructure Bill, that is a hallmark part of the Biden Administration's first year in office, has a couple last minute pages added to it looking for 38 billion in tax revenue from redefining a broker in the crypto ecosystem. The wording was very wide ranging and unclear, many legal experts interpreted that the language could have put on onerous reporting requirements on any and all participants of the digital value ecosystem. Amanda Cavaleri, a Bitcoiner and COO of Pearl Snap Capital in Wyoming sits down with Christian to discuss how Bitcoiners can work together to make sure that Washington respects Bitcoin and the financial innovation it brings to the United States. According to Cavaleri, the Bitcoin cohort is larger than AARP and could soon command more wealth than AARP. The Bitcoin Voting Block has the potential to become the most powerful and influential single issue voting block in the country and all we need to do is organize. Cavaleri believes that Bitcoin is the foundation of privacy and property in the digital future and that we must stand up today to defend it. Amanda recently coauthored an excellent article in Bitcoin Magazine urging and educating Bitcoiner's on how to effectively communicate and advocate with lawmakers the benefits of Bitcoin. Follow Amanda on Twitter @Amanda_Cavaleri
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  • The Crypto Housing Boom with Erik Mendelson
    Miami's own Erik Mendelson is a mover and shaker in many industries, but now he's tackling one of the hottest spheres in economics: US real estate. And if you're a crypto adopter or investor, he's got some excellent tips on how you can leverage the contents of your wallets to be able to make your next home purchase, even if your credit score is not quite up to par. From using your portfolio as collateral to getting loans using DeFi platforms like SmartFi, Erik talks about your options for getting into one of the hottest markets since the housing bust of '09. Plus, he gives his thoughts on why Florida's housing rules make it such a unique market for both good and ill, and some advice on how to avoid the looming eviction & foreclosure crisis resulting from the coronavirus pandemic. About the Guests: Executive music producer and artist manager Erik Mendelson graduated on the Dean's List with a Bachelor's Degree from Rutgers University and is currently the CEO of Cre8tor.app (formerly RecordGram) & Tune Token. He believes blockchain technology and tokenized ecosystems are going to redefine the music industry by allowing for greater transparency between all of the stakeholders in the creation, discovery and distribution of music. Erik's vast range of tenured entertainment experience comes from stints at Interscope Records, Loud Records, Hot 97, Elektra Records and Jive Records serving in marketing and radio promotion roles for some of the biggest music superstars. In May 2017 Erik's company Cre8tor.app (formerly RecordGram) won the coveted TechCrunch Disrupt Cup which is the most prestigious prize for a startup technology company.During the same year, Erik and his Co-Founder was featured on Apple Music's original content series "Planet of the Apps" which included celebrity mentors Jessica Alba, Gwyneth Paltrow, Gary V and will.i.am.The multi-episode series received ten thousand applications but only 36 apps were selected for the show.Of those 36, only 15, including Cre8tor.app, received funding from globally recognized VC Lightspeed Venture Partners.Cre8tor also received additional funding from the New World Angels which is Florida's largest Angel investor group and Monique Mosley, a tenured music, film and advertising executive. Prior to receiving investment, Erik participated the Project Music accelerator in Nashville which was financially supported by some of the most influential record labels, music publishers and artist management companies. In 2006, Erik started Answerman Management signing his first artist MIMS to a 5 album deal with EMI/Capitol Records, serving as the Executive Producer for the album that grossed over $16 million.Additionally, Erik has signed 2 other clients to major recording deals generating over $18 million in revenue.He's also responsible for signing POP superstar Jason Derulo to his first production deal and assisted with procuring a publishing deal between Sony/ATV and the Grammy award winning production duo Da Internz. Furthermore, he has successfully implemented strategic and progressive marketing initiatives over his career and is a proven leader in developing new revenue streams for ongoing businesses in the entertainment industry. Erik's accomplishments range from negotiating multi million-dollar major recording and publishing deals to booking tours and negotiating licensing deals including a $9 million Microsoft campaign. Additionally, Erik regularly speaks on music industry panels discussing progressive marketing, promotion and advertising strategies. He's considered a pioneer in the digital music landscape helping to create Digiwaxx Media and has executive experience in dealing with content acquisition, contract negotiation and developing cross-functional relationships between internal and external departments including artists managers, booking agents, media personnel and advertising agencies. Erik has strategically aligned his clients and brands with targeted consumers thru the use of integ
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  • What Bitcoin Did - WBD325: Bitcoin Tech #3 - Wallets with Shinobi
    Location: Remotely Date: Tuesday 23rd March Company: Block Digest Role: Host With Bitcoin, if you don't control your private keys, you don't own your bitcoin. That means the first thing you should do once you have bought bitcoin is to move it to a wallet you control. Bitcoin wallets come in all shapes and sizes and offer different use cases depending on the amount of bitcoin you have and how you intend to use it: For smaller amounts of bitcoin, mobile and desktop wallets are convenient and often simple to use. However, by operating on your device, they are constantly connected to the internet and more vulnerable to attack. For more significant bitcoin holdings, hardware wallets separate your keys from an internet connection and offer a far greater level of security. Another option for securing large amounts of bitcoin is multi-signature wallets. A multi-signature wallet requires multiple keys to sign a transaction; this means you can geographically distribute these keys and have no single point of failure. In this interview, I talk to Shinobi, the host of Block Digest. We discuss the tradeoffs between different wallets, how wallets work, and how you should secure your bitcoin.
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  • Block Crunch - Finding Conviction in a Crypto Bear Market - Arthur Cheong, DeFiance Capital, Ep. 156
    DeFiance Capital is one of the first hedge funds that champion "fundamentals investing" - focusing less on market structure and technical analysis, more on things such as protocol revenues and user growth when formulating their trades. Founder Arthur Cheong (Arthur0x) joins me in discussing: Finding conviction in bear markets Finding valuation frameworks that matter in crypto How Arthur identifies successful projects Why DeFi is Arthur's primary focus Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch SOLANA: The Solana ecosystem is growing at a rapid pace and it's a great place to build your project or get involved with the community. Go to solana.com/blockcrunch to learn more! ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons '" Attribution 3.0 Unported '" CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidia
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  • Bitcoin Magazine Podcast - Why Bitcoin is Intelligent w/ Aleks Svetski
    Aleks Svetski discussed his 'œIntelligent Guide To Bitcoin' and the misunderstandings about BTC that are often perpetuated. Many in the traditional financial space, government and academia have long dismissed Bitcoin as a silly toy for criminals and predicted that its price will go to zero. These predictions remain commonplace in the mainstream media to this day, despite the network's astounding growth and the currency blasting past $30,000 prices and making inroads across the global economy. Upon reading a recent example of these crypto dismissal articles from an Australian professor, titled the 'œDummies Guide To Crypto,' Aleks Svetski '" CEO of Bitcoin DCA app Amber and Bitcoin Magazine contributor '" felt that he needed to respond. Svetski agrees with the author of the 'œDummies Guide' that 'œcrypto' is trash and that there is very little substance to the general 'œcrypto' market. Aleks does however disagree that these assumptions are also true for Bitcoin. The reality is that Bitcoin is a very well thought out solution to a very important problem that has been plaguing humanity. Aleks' response to the 'œDummies Guide' is 'œThe Intelligent Guide To Bitcoin.' In the article, Svetski covered what Bitcoin is, whether people should invest in it, the mining and energy factors and its downsides. 'œBitcoin Magazine Podcast' host Christian Keroles sat down with Svetski to discuss the key points in the article and debate how to best articulate them to people that think Bitcoin is just a silly toy.
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  • Meet the Taco Plebs - The Importance of Orange Pills w/ Pleb.Hodl of Bull Bitcoin
    Pleb.Hodl, Bull Bitcoin's new head of marketing, discussed his rabbit hold journey and the importance of welcoming precoiners. In this episode of Bitcoin Magazine's "Meet The Taco Plebs," I sat down with Bull Bitcoin's newest head of marketing, Pleb.Hodl (@btcplebeian on Twitter) to discuss his unique Bitcoin rabbit hole story, his new position at Bull Bitcoin, the effect Bitcoin has on one's mindset and much more. Pleb.Hodl went into detail about his experience being 'œfiat pilled' coming out of university and the awakening that he had after being around people that advocated for bigger government. Along with this, we discussed the effects that believing in the ideals around Bitcoin has on individuals and society in general. To finish, we delved into his new position at Bull Bitcoin and the excitement he has for the opportunity to work with the team there and build a phenomenal platform for true Bitcoiners.
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  • The Van Wirdum Sjorsnado - Hardware Wallets and Blockstream's Jade wallet - NADO 43
    In this episode of The Van Wirdum Sjorsnado, Aaron van Wirdum hosts one more interview without his regular cohost Sjors Provoost. Instead, he is joined by Blockstream's Lawrence Nahum, one of the developers behind the Jade wallet, and Ben Kaufman, one of the developers of the Spectre wallet, which is specifically designed to work with hardware wallets. Aaron, Lawrence and Ben talk about what hardware wallets are, and discuss the design tradeoffs that different hardware wallets have taken by focussing on the Trezor, Ledger and ColdCard specifically. In this light, Lawrence and Ben explain what secure elements and secure chips are, and why some hardware wallets choose to rely on using such chips more than others. Then, Lawrence explains which tradeoffs the Jade wallet makes. He also details how an additional server-based security step is used to further secure the Jade wallet, and briefly outlines some additional differences in hardware wallet designs, for example those focused on usability. Finally, Aaron, Lawrence and Ben discuss whether the concept of hardware wallets are a good idea in the first place, or if it would perhaps be better to use dedicated smartphones to store your bitcoin. And don't worry, Sjors will be back for episode 44!
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  • Bitcoin Magazine Podcast - The Infrastructure Bill is Bad for Bitcoin in America w/ Rep. Warren Davidson
    Unless you've been living under a rock for the past 48 hours, you've likely heard about the last-minute addition of a cryptocurrency tax to the U.S. Senate's forthcoming infrastructure bill. In this episode of the 'œBitcoin Magazine Podcast,' host David Zell sat down with one of D.C.'s strongest Bitcoin supporters, Representative Warren Davidson (R-OH), to talk about the specific language and potential impact of this cryptocurrency tax legislation. As it stands now, the bill's language is so broad that it could apply to a myriad of crypto-related activities that have no business being taxed. Worse still, the additional compliance costs that this bill could trigger would gravely jeopardize the viability of companies and startups in the Bitcoin space. Davidson blasted its stunningly poor verbiage, lamenting that it must have been written by people either totally ignorant about the industry or worse, by people looking to harm it. In his view, passing the bill in its current form would be a disaster both for the cryptocurrency industry and the American economy overall. Davidson spoke about how this bill marks a departure from America's longstanding role as a nation that spearheads innovation. Should it pass with its current language, he warned, America risks missing out on one of the most revolutionary technological strides in history and falling behind our adversaries in this vital innovation. 'œAmerica led in the Industrial Revolution, the advent of the automobile and the development of the internet,' said Davidson, 'œand now America is about to forfeit that leadership with this new technology.' The congressman discussed how the bill might be altered for the better and how much time there is to fix it. At the end of our discussion, Davidson called on the Bitcoin community to jam up the phone lines of their elected officials and implore them to fight the cryptocurrency tax language in the bill. You won't want to miss this.
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  • Unhashed Podcast - FIFA Grinding, The Silly PoW
    On this week's episode of the Unhashed Podcast we talk about the latest in NFT weirdness with celebrity "Stoner Cats", how video game grinding is the original PoW, Blockfi's regulatory setback, ThorChains incompetency, the new EU proposal on crypto regulations, and more! In a hard hitting piece from Coindesk, a new animated web series, 'œStoner Cats,' launches Monday, featuring Mila Kunis, Ashton Kutcher, Ethereum founder Vitalik Buterin, Jane Fonda, and others. To watch the first five-minute episode, viewers must purchase a non-fungible token (NFT) for 0.35 ETH each, which is both a digital artwork of a character from the show, as well as a ticket to unlock all 'œStoner Cats' episodes as they are made. Actress and entrepreneur Mila Kunis, along with Sound Ventures Partner Maaria Bajwa were interviewed to 'œshare insights' into their project. Last week, Ukrainian authorities busted a massive illegal Sony PlayStation 4 farm for what they believed was a crypto mining operation. As it turns out, the warehouse was actually grinding for FIFA Ultimate Team coins and cards. According to the Ukrainian business journal Delo, which undertook an investigation itself following skepticism from initial findings by the authorities, the 3,800 PS4s discovered weren't actually being used to mine cryptocurrency, which makes sense given how their hardware and graphics cards aren't ideal. It also pointed out that in many photos you can see game discs actually sticking out of the consoles. The Security Service of Ukraine has refused to comment on Delo'˜s findings, explaining that the ongoing investigation must be kept a secret. For those unfamiliar, the Ultimate Team game mode within FIFA allows gamers to build their own custom teams with various player cards. To get better players, you'll have to play and win more matches, giving you in-game currency to buy packs. Alternatively, you can also pay with real currency to buy coins to unlock these packs. On the flip side, the in-game currency earned or cards you obtain can be sold back in black markets for actual money. To give you a sense of just how big this market is, official FIFA Ultimate Team transactions brought in $1.6 billion USD for EA in just the past year. '" https://hypebeast.com/2021/7/ukraine-playstation-4-farm-fifa-ultimate-team-account-grinding Big woes this week for Blockfi. It started with the state of New Jersey, Blockfi's home turf, sending in a cease and desist, causing Blockfi to stop offering its Bitcoin Interest Account (BIA for short) to new customers from the state. Within the next several days, Alabama, Texas and Vermont followed suit. At issue is whether or not the BIA is to be deemed a security. In a piece for Coinbase, Preston Byrne lays out the security laws at issue. TLDR, you bank can pay you interest on your dollars and that is not a security because of the tiny risk (due to FDIC insurance), but with BlockFi and other platforms, according to Byrne's interpretation and the suits by the states, you are actually trading your bitcoin for BIA promises, and these promises are securities. '" https://www.coindesk.com/blockfi-securities-law-defi Last week, the Thorchain protocol was drained of around 4,000 ether. A couple of days ago Thorchain was hit by another exploit, this time costing around $8 million. The hacker claims they deliberately minimized the damage from the exploit in a bid to teach THORChain a lesson, stating: 'œDo not rush code that controls 9 figures,' and 'œDisable until audits are complete.' The hacker adds that they could have stolen Ether, Bitcoin, Binance Coin, Lycancoin, and many BEP-20 tokens if they had wanted to, asserting that 'œmultiple critical issues' were found and that a 10% bug bounty could have prevented the incident. '" https://cointelegraph.com/news/possible-white-hat-hacker-exploits-thorchain-for-8m-proposes-10-bounty Proposed changes to EU law would force companies that transfer Bitcoin or other
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