This Week In Bitcoin

Reina is back on the show. Her and I talk about the bitcoin ecosystem and make another trip around the world: India bitcoin legislation - what does the future hold? A national cryptocurrency in Iran DASH adoption in Venezuela China update: CSW and a WeChat message University students and cryptocurrency/blockchain adoption A worthy competitor to Bitmain emerges

Top stories for this week: Bitconnect aftermath Bitcoin ETFs rejected again by the S.E.C. Was Bitmex victim of a DDoS attack? Research by Bitmex suggests Satoshi owns less coins than we thought The first jackpot winner in ETH ponzi 'Fomo3D' Woz is back and excited about crypto China has updated its crypto rankings China Bans: Shanghai and WeChat Everyone, tune into Humans of Bitcoin this Monday night (EST) for an exclusive with Cody Wilson that will rock your world.

Lawsuits, internet arguments, they have become a staple. The bear market is in full force, so we bring you some tips to take advantage of it. AT&T has been sued by Bitangels Co-Founder Another lawsuit, this time by Playboy Washington Post journalist  failing to understand cryptocurrency basics Is Bitcoin illegal in Saudi Arabia? The search for Satoshi has turned into an international hunt 5 ways to benefit from the Bear Market China update Former Baidu executive Qi Lu joins American start-up incubator Y Combinator Rumors that founder of FCoin exchange Zhang Jian has been arrested

Nassim Taleb saw that the financial system was way too complex for any one to understand. He succeeded as a trader by learning how to deal with uncertainty. His work (check out all of Nassim's books on Amazon - https://www.amazon.com/Nassim-Nicholas-Taleb/e/B000APVZ7W/ref=dbs_p_pbk_rwt_abau)is quite popular within the bitcoin community. Joey and I thought it would be worthwhile to look at some of his ideas through lens of Bitcoin: - the Turkey problem - Risk taking and iterative action - Mediocristan vs extremistan - Fat Tails and asymmetries - IYIs - Dr. John and Fat Tony - Lindy effect - Antifragility - Learn by doing and iterating

Bitcoin.com developer and contrarian thinker Joey King is in da house. He provides his own spin on the latest news: CEO Jack Dorsey is attracting criticism from the left for failing to ban figures it disagrees with, such as Infowars’ Alex Jones, who was unceremoniously booted from Spotify, Youtube, and Apple’s App Store in one fell swoop. Did the market panic because of the delayed ETF? Surprising coins being considered for Coinbase custody: Ripple, Bytecoin, Kik and Monero

People around the world celebrate Bitcoin Cash Day Paul Krugman calls out bitcoin; we respond   Use crypto and become a citizen of Antigua and Barbuda Kim Kardashian gets her first Bitcoin McAfee wallet, hackable or unhackable? A crypto scammer arrested for SIM jacking MacDonald's MacCoin Bill Clinton is invited to Ripple’s Swell Conf NFL Players earning crypto?    

The SEC is overwhelmed by over 90 different letters about the Bitcoin ETF decision Altcoins seem to be dying Ross Ulbricht on twitter, beating changes, and fighting for his freedom Coinbase has formed a political action committee (PAC) Cryptosphere leaders dominate fortune’s new ledger 40 under 40 list Coinbase launches crypto gift card service in Europe and Australia

What is it like running the largest node on the Lightning Network? Andreas Brekken of Shitcoin.com shares his findings. Halfway through the project, we cover the following aspects of the LN: How easy is it to setup a node? The economics of opening channels Profitability of running a node Security from hackers Will there be future KYC/AML requirements?

Bitcoin soaring and the Lightning Network An idea why an anti-crypto politician is blasting cryptocurrencies Are cryptocurrency exchanges creating fake volume? Is the age of Cryptocurrency Banks coming? New chairman of The Federal Reserve gave his opinion about cryptocurrencies   Change.Org fights for Ross Ulbricht’s freedom   China update Bitmain and BCH Tokens Head of Internet Finance Professional Committee Chen Yunfeng said  lockchain projects share similarities with pyramid schemes

You may not think it when you glance at its current market value, but bitcoin is eating the world. Specifically, it’s eating a big chunk out of the devalued currencies in nations such as Venezuela, as citizens seek a refuge from the volatility of government issued money.  Reina Nakamoto is back and we cover the latest stories around the world: Hyperbitcoinization and a bright (or dim?) future The "next bitcoin" Have you sold bitcoin in the past? You may have issues with loans and mortgages  More crypto issues with police in India New academic research reveals the short life of ICO projects A localbitcoins trader is going to prison The private beta of the Opera browser with an easy-to-use and built-in cryptocurrency wallet Mr. Stiglitz´s bitcoin prediction

Li Xiaolai called creators of Binance, NEO, TRON and Qtum scammers Taiwan  set up a Cross-straits Blockchain Alliance (CBA)   Indian Supreme Court is not lifting cryptocurrency ban Israel's crypto regulations Ripple`s third  lawsuit European Parliament’s findings and recommendations Uzbekistan and its advances towards legalizing cryptocurrencies and implementing blockchain technology Coinbase Custody is now officially open for business The mainstream media (MSM)  believes Satoshi Nakamoto is Back Syscoin hacked Expedia has stopped accepting bitcoin (BTC)

Reina Nakamoto joins the show from Helsinki. A sharp game designer, she has been in the bitcoin world for a while. We discuss: What would happen if Satoshi moves his coins? The 00000000000000000021e800 overreaction Crypto on the Dark Web and the FBI investigating 130 related cases BTCChina exchange revealed that are opening back up for business Yakuza’s involvement with crypto exchanges in Japan. US regulation, fighting the illicit use of crypto Facebook to allow cryptocurrency ads  

The level of hype and funds invested in the project meant a soft launch was never going to be possible. Satoshi appears to have launched bitcoin alone, while EOS, on the other hand, has launched following a 4 billion dollar ICO.   EOS and their launch troubles Bithumb hacked, 35 billion Korean won (around $31 million) in cryptocurrency was stolen South Korean government will strengthen the regulatory framework for cryptocurrency exchanges BTC and BCH trading are now supported on Japan’s SBI Crypto Exchange North Carolina is adapting virtual currencies into its laws The Bank of International Settlements (BIS) launched a report that provides a critical appraisal of Crypto Schiphol Airport lets travelers swap leftover euros for Crypto on a new ATM Another real satoshi claim in Hawaii

This week we welcome Josh Ellithorpe, Senior Engineer at Coinbase. Josh added valuable perspective to this weekas news: Tether has been blamed for market manipulation, again A new order from the Japanese police that affects crypto mining Suspicious activity at South Korea’s Coinrail exchange Ripple CEO shares his opinion about BTC CHINA: Blockchain technology to help the wine supply chain and fight counterfeiting. Twitter scams Epic virtual graffiti battle raging between BTC and BCH

A bullish week for Bitcoin. Banking, mining .. the infrastructure is starting to come together. Crypto exchanges versus the banks - if you can’t beat them, join em Another claim to the real Satoshi? Bitcoin pizza guy talks about his relationship with Satoshi Nakamoto The future of the 20 trillion tax haven “industry” Bitmain has a serious challenger in the mining ring Brenna Sparks, a big believer in Bitcoin and blockchain speaks about cryptocurrencies and governments And a big China rumor      

A UK company trademarked the name Bitcoin and is slinging lawsuits A new website estimates the cost of a 51% attack on different cryptocurrencies Ripple trying to separate itself from XRP Weiss crypto ratings, who are the "winners"? The top 10 cryptocurrency exchanges from 2016 vs 2018 South Korea’s national legislature has officially proposed to allow domestic initial coin offerings China updates OKEx users who bought futures and lost money threatening suicide Bitmain launched a BCH forum and users who make suggestions to improve the forum could receive BCH as a reward. The Hangzhou-based EOSFORCE team made a big announcement 

Today we have the underground famous Andreas Brekken on the show and together we will talk about the most important news of the week: The Double Spend attack on Bitcoin Gold Small banks loves bitcoin Coinbase acquires decentralized DEX platform paradex Banco Masventas allow customers to settle in BTC as an alternative to Swift SEC announced its going after insider trading and illegal practices India is considering to impose a goods and service tax (GST) on cryptocurrency trades     China updates   China’s crypto rankings CCTV aired a segment Wednesday saying that the crypto market is a mess Shenzhen Municipal Office announced a partnership with Tencent for making blockchain-based invoices for international trade    

Whatever you think of the SEC, it’s consistently shown itself to have a better sense of humor, and to be more in touch with the zeitgeist then the rest of America’s three-letter agencies put together. We have a special guest - Joel from Bad Crypto joins us to deliver the news: The SEC has launched the best token sale of 2018 Bitcoin Cash upgrades to 32MB block size without a hitch. How stable is a stablecoin if it pumps by 40%? Bitmain  announced that they invested in Circle to issue USDCoin A look at Bitcoin vs Alt Coins on a 5 year window. CEO of Alibaba, says bitcoin is a bubble Is bitmain playing dirty?

Every week in the TWiB podcast, we try to thread together the week’s top stories into some kind of a narrative. This week, it’s all about the big guns weighing in and saying their piece about bitcoin. How big are we talking? We’re talking Warren Buffett vs Elon Musk. In other news: Novogratz is turning to crypto Ripple is getting sued, among other problems with this "cryptocurrency" How many marriage proposals are on the bitcoin blockchain? Binance vs Sequoia EOS Block Producers in China Iranians are going abroad to purchase cryptocurrencies Bitcoin smart banknotes launched by company in Singapore Approximately 6.25% of the total bitcoin supply has been deposited with Xapo

Ryan Charles is the founder of Yours.org, a content platform powered by Bitcoin Cash micropayments. He has been involved with bitcoin software since 2013, primarily coding on the application layer. I asked Ryan to break down he May 15th hard fork and what it means for Bitcoin Cash. Mentioned in the episode: Use cases for re-enabled op codes