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    Unconfirmed

    Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: I’m a nocoiner.

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    Latest Episodes:
    How the Hong Kong Protests Gave a Boost to Gods Unchained - Ep.96 Oct 25, 2019
    Show notes

    James Ferguson, CEO of Immutable, the creators of Gods Unchained, talks about how the video game recently doubled its number of users. In early October, after a winner of a Hearthstone tournament said, "Liberate Hong Kong, revolution of our age!" in an interview, had his winnings revoked and was banned from the game for a year, Gods Unchained offered to pay the player, Blitzchung, the amount of his winnings, plus invited him to play in its first tournament next year. Ferguson describes what happened next, ranging from a DDOS attack on Immutable's servers to some American University students making a similar pro-Hong Kong message, getting banned by Blizzard and switching to Gods Unchained. He talks about the benefits of decentralization and how the incident has gotten more true gamers (not crypto enthusiasts) interested in Gods Unchained.

    Thank you to our sponsors!

    CipherTrace: https://ciphertrace.com/unconfirmed

    Crypto.com: http://crypto.com/

    eToro: https://www.etoro.com

    Episode links:

    Immutable: https://immutable.com

    James Ferguson: https://www.linkedin.com/in/jamesanthonyferguson/

    Gods Unchained: https://twitter.com/GodsUnchained

    Blitzchung: https://twitter.com/blitzchungHS

    Quote from interview: https://twitter.com/Slasher/status/1181065339230130181?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1181442535962632193&ref_url=https%3A%2F%2Fwww.cnet.com%2Fnews%2Fblizzard-pulls-blitzchung-from-hearthstone-esports-tournament-over-support-for-hong-kong-protests%2F

    Article summarizing what happened with Blizzard, Blitzchung and Gods Unchained: https://www.cnet.com/news/blizzard-pulls-blitzchung-from-hearthstone-esports-tournament-over-support-for-hong-kong-protests/

    More on the ensuing controversy: https://esportsobserver.com/blizzard-criticism-hong-kong/

    Gods Unchained tweet offering Blitzchung payment for his lost winnings and a ticket to its $500k tournament: https://twitter.com/GodsUnchained/status/1181487505180258304?s=20

    Blizzard subreddit set to private after Blitzchung was banned and stripped of his winnings: https://www.eurogamer.net/articles/2019-10-08-blizzard-punishes-hearthstone-pro-for-voicing-hong-kong-support

    Now open Blizzard subreddit still awash in pro-Hong Kong memes: https://www.reddit.com/r/Blizzard/

    DDOS attack on Gods Unchained: https://www.gamesindustry.biz/articles/2019-10-09-blizzard-backlash-escalates-following-hong-kong-supporter-ban

    https://www.smh.com.au/business/companies/sydney-startup-under-fire-online-for-supporting-pro-hong-kong-protest-gamer-20191009-p52z2g.html

    https://decrypt.co/10154/coinbase-backed-gods-unchained-cyberattacks-chinese-censorship

    American University students who protested Blizzard also banned, now playing Gods Unchained: https://www.vice.com/en_us/article/d3akzz/three-college-hearthstone-protesters-banned-for-six-months

    Gods Unchained also offered donations to Electronic Frontier Foundation per viewer watching Gods Unchained on Twitch: https://twitter.com/GodsUnchained/status/1182589990850584576

    Blizzard allegedly preventing people from deleting their accounts by deactivating four methods of authentication: https://www.oneangrygamer.net/2019/10/gods-unchained-hit-with-cyber-attacks-while-mei-becomes-mascot-of-free-hong-kong-movement/94841/

    Why Ethereum: https://hackernoon.com/the-blockchain-gaming-revolution-why-ethereum-will-revolutionise-a-100-billion-dollar-market-148badaecb2a

    Chris Clay, previously of Magic the Gathering, joins Gods Unchained: https://www.forbes.com/sites/laurenorsini/2019/08/08/magic-the-gathering-executive-leaves-for-blockchain-based-gods-unchained/#7557a9b8419f

    Weekly News Recap:

    To see the links in this week's news recap, go to https://unchainedpodcast.com/congress-in-the-news-and-on-the-pod/


    How Bitcoin Led to the Demise of the Largest Child Porn Site - Ep.95 Oct 18, 2019
    Show notes

    Jonathan Levin, the cofounder and chief strategy officer of Chainalysis, describes how the blockchain analytics firm helped the IRS identify the administrator of the largest child porn website in the world, which ultimately led to the arrest of the administrator, Jong Woo Son, and 337 site users across 38 countries. The work also led to the rescue of 23 minors from their abusers. He describes how the site used Bitcoin, how they used Bitcoin transactions to identify the users of the site, and how law enforcement worked with exchanges. We also discuss what impact privacy technologies could have on similar investigations going forward, as well as Levin's perspective on the overall utility of Bitcoin despite it being used for illicit activity.

    Thank you to our sponsors!

    CipherTrace: http://ciphertrace.com/unchained

    Crypto.com: http://crypto.com

    eToro: http://etoro.com

    Newsletter:

    Get Laura’s newsletter on the top crypto stories of the week’s plus a preview of exclusive podcast content! Signup Here: http://eepurl.com/ga8ub5

    Episode links:

    Chainalysis: https://www.chainalysis.com/

    Jonathan Levin: https://twitter.com/jony_levin

    DOJ press release: https://www.justice.gov/opa/pr/south-korean-national-and-hundreds-others-charged-worldwide-takedown-largest-darknet-child

    Chainalysis blog post: https://blog.chainalysis.com/reports/chainalysis-doj-welcome-to-video-shutdown

    Indictment against Jong Woo Son, the administrator of Welcome to Video: https://www.justice.gov/opa/press-release/file/1210441/download

    Bitcoin laundering: https://www.justice.gov/opa/press-release/file/1210461/download

    Bitcoin exchanges Welcome to Video recommended + screenshots: https://www.justice.gov/opa/press-release/file/1210451/download

    Screenshot of the site seized: https://www.justice.gov/opa/press-release/file/1210446/download

    Joe Weisenthal’s column about how Bitcoin ETFs would make it easier for people to make illicit Bitcoin transactions: https://twitter.com/TheStalwart/status/1184786875262885890

    Weekly news recap links:

    Bloomberg article summarizing overall race to create a global coin: https://www.bloomberg.com/news/articles/2019-10-16/fed-drags-feet-as-digital-money-revolution-tests-central-banks

    FT on why Libra members dropped out: https://www.ft.com/content/6e29a1f0-ef1e-11e9-ad1e-4367d8281195

    Libra Association signs charter: https://libra.org/wp-content/uploads/2019/10/Libra-Association-Charter-Press-Release-.pdf

    CNBC article on China’s race to release digital currency: https://www.cnbc.com/2019/10/15/china-races-to-launch-a-cryptocurrency-that-could-rival-facebooks.html?__source=sharebar%7Ctwitter&par=sharebar

    Fortune article further describing race between Chinese digital currency and alternatives: https://fortune.com/2019/10/16/if-libra-fails-china-wins-the-ledger/

    Fed official saying US actively debating digital dollar: https://www.coindesk.com/top-fed-official-says-us-central-bank-actively-debating-digital-dollar

    Christopher Giancarlo’s op-ed in WSJ: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923

    IRS tax form: https://www.coindesk.com/the-irs-will-now-ask-if-you-own-crypto-in-the-1040-tax-form


    Althea Network: How Ethereum Is Used in the Real World - Ep.94 Oct 11, 2019
    Show notes

    From DevCon 5 in Osaka, Japan, Deborah Simpier, COO and cofounder of Althea Network, describes how this decentralized internet service provider works, what problem it's trying to solve, and how it uses Ethereum. She describes how neighbors provide each other with internet access, and how they pay each other automatically on pay-as-you-go plans using a stablecoin. She also covers how she came to found Althea, what challenges she faced in explaining how it worked to her non-crypto neighbors, and Althea's plans to expand to other areas, including urban areas and Nigeria.

    Thank you to our sponsors!

    Crypto.com: https://crypto.com/

    eToro: https://crypto.com/en/index.html

    CipherTrace: http://ciphertrace.com/unconfirmed

    Episode links:

    Althea Network: https://althea.net/

    Deborah Simpier: https://twitter.com/DeborahSimpier

    Case study on Clatskanie: https://althea.net/clatskanie-case-study

    Deborah’s talk at ETH Berlin: https://www.youtube.com/watch?v=TD1tB0UFx78

    https://breakermag.com/how-mesh-networks-and-crypto-can-fill-the-rural-broadband-gap/

    Weekly news recap links:

    IRS Guidance

    IRS press release: https://www.irs.gov/newsroom/virtual-currency-irs-issues-additional-guidance-on-tax-treatment-and-reminds-taxpayers-of-reporting-obligations

    Guidance on hard forks and airdrops: https://www.irs.gov/pub/irs-drop/rr-19-24.pdf

    Coin Center response: https://coincenter.org/entry/irs-cryptocurrency-guidance-answers-some-questions-while-raising-messy-new-ones

    IRS scenario that never happened: https://twitter.com/valkenburgh/status/1182022188343418880?s=20

    Marco Santori take: https://twitter.com/msantoriESQ/status/1181975909567475713?s=20

    Patrick Murck take: https://twitter.com/virtuallylaw/status/1181997761811628038?s=20

    Ethereum 2.0

    The transition from Ethereum 1.0 to 2.0: https://ethresear.ch/t/the-eth1-eth2-transition/6265

    Ethereum 2.0 cross-sharding composability: https://ethresear.ch/t/cross-shard-defi-composability/6268

    Wired article on Facebook/Libra connections: https://www.wired.com/story/ties-bind-facebooks-libra/

    Bitwise Bitcoin ETF Rejection:

    https://www.theblockcrypto.com/post/42711/bitwises-bitcoin-etf-the-last-hope-has-been-denied

    https://www.sec.gov/rules/sro/nysearca/2019/34-87267.pdf

    https://www.prnewswire.com/news-releases/bitwise-comments-on-the-secs-order-regarding-the-bitwise-bitcoin-etf-trust-300935107.html

    https://twitter.com/BitwiseInvest/status/1182115344510402560?s=20

    https://twitter.com/jchervinsky/status/1182149164177608704?s=20

    MakerDAO: https://blog.makerdao.com/breaking-launch-date-of-multi-collateral-dai-announced-at-devcon-5/

    https://www.bloomberg.com/news/features/2019-10-05/crypto-rebels-trip-over-each-other-en-route-to-financial-utopia

    https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/

    https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/

    Placeholder on protocols: https://www.placeholder.vc/blog/2019/10/6/protocols-as-minimally-extractive-coordinators

    Ali Yahya on why there will be multiple dominant blockchains: https://twitter.com/ali01/status/1181161407406071808?s=20

    QuadrigaCX widow to pay $9 million to affected users: https://www.coindesk.com/quadrigacx-founders-widow-will-cough-up-9-million-to-repay-users


    How Block.One Got Away With Just a $24 Million Penalty - Ep.93 Oct 04, 2019
    Show notes

    Heads up, everybody! We are launching a weekly news recap, so stay tuned after the interview to find out about the top stories in crypto this week! (Links below.)

    Zachary Fallon, principal at Blakemore Fallon and former SEC staffer, explains why the SEC penalty against Block.One, which raised $4 billion in a yearlong ICO, got a penalty of just $24 million and didn't have to register EOS tokens as securities. He also discusses how this differs from the Kik case, what we can learn from another SEC order this week against Nebulous and what other gray areas remain for potential token issuers who may want to sell to U.S. citizens. We also go over the Crypto Rating Council, and what significance those ratings could have on the way they are regulated, if any.

    Thank you to our sponsors!

    eToro: https://www.etoro.com

    Crypto.com: https://crypto.com

    CipherTrace: http://ciphertrace.com/unconfirmed

    Episode links:

    SEC press release about the Block.One settlement: https://www.sec.gov/news/press-release/2019-202

    SEC Order re. Block.One: https://www.sec.gov/litigation/admin/2019/33-10714.pdf

    Cooley letter on Block.one: https://www.sec.gov/divisions/corpfin/cf-noaction/2019/block.one-093019-506.pdf

    Katherine Wu’s annotated settlement: https://static1.squarespace.com/static/5ac136ed12b13f7c187bdf21/t/5d92c33d937a3466c0c723a9/1569899329538/33-10714.pdf

    SEC action on Nebulous: https://www.sec.gov/enforce/33-10715-s

    Jake Chervinsky tweet storm on the settlement: https://twitter.com/jchervinsky/status/1179162527541993472?s=20

    Marco Santori tweet storm on the settlement: https://twitter.com/msantoriESQ/status/1178811671621591040?s=20

    Crypto Rating Council: https://www.wsj.com/articles/cryptocurrency-exchanges-including-coinbase-to-rate-digital-assets-11569835801

    CRC ratings thus far: https://twitter.com/lawmaster/status/1178627290676301824?s=20

    Articles from this week’s news recap:

    Paypal to Back Out of Libra Association: https://www.ft.com/content/6af11092-e5fd-11e9-9743-db5a370481bc

    Visa, Mastercard, Other Libra Association Members Jittery: https://www.wsj.com/articles/visa-mastercard-others-reconsider-involvement-in-facebook-s-libra-network-11569967023

    Federal Advisory Doesn’t Like Libra: https://www.bloomberg.com/news/articles/2019-09-30/bankers-advising-fed-board-describe-libra-as-a-monetary-threat

    SEC press release about the order: https://www.sec.gov/news/press-release/2019-202

    The order itself: https://www.sec.gov/litigation/admin/2019/33-10714.pdf

    Larry Cermak of The Block on the order: https://www.theblockcrypto.com/post/41612/dont-ask-for-permission-hire-good-lawyers-and-then-ask-for-forgiveness

    Letter from House Reps re digital dollar: https://static.coindesk.com/wp-content/uploads/2019/10/Foster-Hill-US-Crypto.pdf

    Crypto Rating Council: https://www.wsj.com/articles/cryptocurrency-exchanges-including-coinbase-to-rate-digital-assets-11569835801

    Cermak tweet storm: https://twitter.com/lawmaster/status/1178622451451867136?s=20

    Blockchain executive departures: http://thein.fo/9a4fd2f9cab44d7d

    LedgerX-CFTC dispute: https://www.coindesk.com/ledgerx-claims-personal-animus-drove-ex-cftc-chair-to-stall-approvals



    Nick Tomaino on Why He Is Skeptical Libra Will Be Significant - Ep.92 Sep 27, 2019
    Show notes

    Nick Tomaino, general partner of 1confirmation, discusses his firm's second fund of $45 million, announced this week, how prospective LPs have changed from 2017 to 2019, and what types of projects 1confirmation is interested in. He also reveals why he doesn't believe Libra will be meaningful in the long-term, what he thinks the top DeFi trends are, what impact Ethereum's scaling issues could have, and what other protocols the fund has invested in. Plus, he explains how the firm decides whether to invest in companies or tokens when there is a choice.

    Thank you to our sponsors!

    eToro: https://www.etoro.com

    CipherTrace: http://ciphertrace.com/unconfirmed

    Episode links:

    1confirmation: https://www.1confirmation.com

    Nick Tomaino: https://twitter.com/NTmoney

    https://thecontrol.co/1confirmation-fund-ii-f42192a9646b

    https://fortune.com/2019/09/25/1confirmation-crypto-investing/

    https://www.coindesk.com/crypto-venture-firm-1confirmation-announces-new-45-million-fund

    https://thecontrol.co/thoughts-on-facebook-coin-c5804e97e7e1

    Unchained interview with Compound: https://unchainedpodcast.com/how-youll-earn-interest-on-your-crypto-with-compound-ep-82/

    Unchained interview with dYdX: https://unchainedpodcast.com/how-dydx-allows-you-to-take-a-short-position-in-one-token-ep-86/

    Unconfirmed interview with Uniswap: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/

    Systemic risk in DeFi due to Ethereum scaling issues: https://twitter.com/evabeylin/status/1176861299076059136?s=20


    How Tether's Surge on Ethereum Is Affecting Bitcoin - Ep.91 Sep 20, 2019
    Show notes

    Jacob Franek, cofounder and COO of Coin Metrics, discusses why daily transaction fees on Ethereum have surpassed those on Bitcoin, what daily transaction fees reflect generally about a blockchain, why this change appears to be driven by demand for Tether on Ethereum, and what types of transactions people are using Tether for on Ethereum. We also cover Bitcoin vs. its forks — Bitcoin Cash and Bitcoin Satoshi's Vision — and whether or not the latter two are becoming medium-of-exchange coins as they hoped to be, why they're being used more for data storage and what kind of data is being stored there.

    Thank you to our sponsors!

    CipherTrace: https://ciphertrace.com/unconfirmed

    Episode notes:

    Coin Metrics: https://coinmetrics.io

    Jacob Franek: https://www.linkedin.com/in/jacob-franek-b9865039/

    ETH daily transaction fees surpassed those of Bitcoin: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92cbb3e2-4e28-4cd7-8557-db7eea1656c5_1200x742.png

    For a few months in 2018, ETH daily transaction fees were higher than BTC's: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd2e5e596-39da-4c3a-a6ec-6c4277e1d210_1420x878.png

    Demand for Tether on Ethereum skyrocketing: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F632ba7b5-de3e-4a9d-b34c-d30a32486070_1200x742.png

    Ethereum processes more than 2x transactions per day than Bitcoin: https://drive.google.com/file/d/1QD82uclQKUQXp1WT12LMuqTVobkvNKEq/view

    ETH locked in DeFi rising: https://twitter.com/spencernoon/status/1174048582204309505

    Gas per transactions rising on Ethereum, indicating transactions are becoming more complex: https://drive.google.com/file/d/1Q53YFSgwSgtvvd346ARdbFV2ejwX8ZLX/view

    Non-ETH/ERC-20/ERC-721/Tether transactions are also growing: https://drive.google.com/file/d/1Q4lFfW002Q_L9geNall8E5JSznnzVHZd/view

    Ethereum miners have been voting up the gas limit: https://www.etherchain.org/tools/gasLimitVoting

    Increasing the gas limit effectively increases the block size: https://etherscan.io/chart/gaslimit

    Coin Metrics' comparison of Bitcoin forks: https://coinmetrics.io/a-comparative-analysis-of-bitcoin-forks/#more-1865

    Comparison of medium of exchange metrics for BTC, BCH and BSV: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7af691e0-7ee9-4dab-aad3-9e0a8a651542_1048x876.png

    BSV being used for data storage: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9d22b7a-c133-4086-a553-f7fbecb02227_1200x742.png

    Almost all BSV transactions come from weathersv app: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F85817c8b-69a2-42ff-9174-ab4bb81c29e6_1200x742.png

    Comparison of hash rate on BTC, BCH and BSV: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4e16275d-80aa-48ca-bb84-0ddf7929be49_1387x833.png


    How Cryptocurrencies Could Threaten the State - Ep.90 Sep 13, 2019
    Show notes

    Nic Carter, partner at Castle Island Ventures, discusses the ways in which cryptocurrencies could weaken the state, how they're already providing an alternative to central bank currencies for people in economies undergoing hyper-inflation. He describes why Bitcoin is inherently political, which other coins he views as legitimate and whether coins should always aim to be money or other types can exist. Plus, he explains why he isn't optimistic about Libra and why Facebook should have pegged the value of it to the USD.

    Thank you to our sponsor!

    CipherTrace: https://ciphertrace.com/unconfirmed

    Episode links:

    Nic Carter's recent Medium post on Bitcoin as a revolutionary currency: https://medium.com/@nic__carter/a-most-peaceful-revolution-8b63b64c203e

    Nic Carter: https://twitter.com/nic__carter

    LocalBitcoins interview on Unconfirmed: https://unchainedpodcast.com/localbitcoins-on-how-bitcoin-trading-compares-across-the-world/

    Unconfirmed interview with Dante Disparte of the Libra Association: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

    Michael Casey on why it would be good if Libra rivaled the USD: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

    Coin Center's Peter Van Valkenburgh on why the Congressional hearings on Facebook's Libra were good for Bitcoin: https://unchainedpodcast.com/why-the-congressional-hearings-on-facebooks-libra-were-good-for-bitcoin/

    Unchained interview with the IMF on how to design central bank digital currencies: https://unchainedpodcast.com/the-imf-on-how-to-design-central-bank-digital-currencies/


    Why Bitcoin Dominance Is at 70% - Ep.89 Sep 06, 2019
    Show notes

    Yan Liberman, cofounder at Delphi Digital, explains why Bitcoin dominance is back up at 70%, more than double its low at 33% at the height of the crypto bubble in early 2018, why a crypto bear market has a positive effect on Bitcoin and who is putting money into the space now. He also discusses how metrics involving Bitcoin's unspent transaction outputs, or UTXOs, affect price moves, why scaling isn't necessarily so important for bitcoin's price — but is for ether's price — and why the number of developers isn't always correlated to price. Plus, we cover how developments like the launch of Libra will likely affect Bitcoin.

    Thank you to our sponsor!

    CipherTrace: https://ciphertrace.com/unconfirmed

    Episode links:

    Delphi Digital: https://www.delphidigital.io

    Yan Liberman: https://twitter.com/YanLiberman

    Fred Wilson blog post on crypto: https://avc.com/2019/09/some-thoughts-on-crypto/

    Pushback on Fred’s post: https://twitter.com/fredwilson/status/1169322053008314368

    Electric Capital report on developer activity in crypto: https://medium.com/@ElectricCapital/electric-capital-developer-report-h1-2019-7d836d68fecb

    Unconfirmed episode with Maria Shen: https://unchainedpodcast.com/electric-capital-on-the-coins-punching-below-their-weight/

    Unconfirmed interview with the Libra Association's Dante Disparte: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

    Reid Hoffman's crypto rap battle between Hamilton and Satoshi: https://www.youtube.com/watch?v=JaMJi1_1tkA&feature=youtu.be


    Why Ryan Zurrer Would Like to See a New DAO - Ep.88 Aug 30, 2019
    Show notes

    Ryan Zurrer, formerly chief commercial officer and director at the Web 3 foundation and former principal and partner at Polychain Capital, discusses his recent proposal for a new DAO, reviving one of the most notorious experiments in crypto history. Zurrer explains the way it works, some of the new technologies, such as SourceCred, that he thinks could make a new DAO better than the original, what problem he wants to solve with the DAO, and how it would work. He also talks about why he believes that if the DAO had survived, that the due diligence in the space would be far higher than it was during the ICO craze, and why he thinks that the architecture of the DAO he's proposed will not violate U.S. securities law.

    Thank you to our sponsors!

    Crypto.com: https://crypto.com/

    CipherTrace: http://ciphertrace.com/unconfirmed

    Episode links:

    The DAO white paper: https://github.com/the-dao/whitepaper

    Ryan Zurrer: https://twitter.com/rzurrer

    SourceCred: https://sourcecred.io/

    CoinDesk article on the recently proposed DAO: https://www.coindesk.com/former-polychain-partner-ryan-zurrer-is-leaving-web3-to-start-his-own-dao

    The SEC's report on the 2016 DAO: https://www.sec.gov/litigation/investreport/34-81207.pdf

    Comprehensive Bloomberg feature on the 2016 DAO: https://www.bloomberg.com/features/2017-the-ether-thief/


    Accepting Bitcoin Since 2011: Room77 in Berlin - Ep.87 Aug 23, 2019
    Show notes

    Joerg Platzer, owner of Room77, a bar in Berlin that has accepted Bitcoin since 2011, describes how patrons who wanted to pay with Bitcoin originally had to type long Bitcoin addresses into their laptops, how people's interest in Bitcoin correlates with the markets and how the demographics of the Bitcoin users have changed over time. He discusses why the bar discourages users from sending their Bitcoins from Coinbase, Circle and BitPay, how crypto companies can surveil their companies more than banks do, and how they impose U.S, laws on other jurisdictions. He also talks about the Lightning Network point-of-sale device that they're using, how what he believes to be the first routed Lightning Network payment occurred at Room77, and how surprised he by the number of people eager to pay via Lightning. Plus, he reveals which other coins he is open to, and which ones he is not.

    Thank you to our sponsors!

    Crypto.com: https://crypto.com/

    CipherTrace: http://ciphertrace.com/unconfirmed

    Episode links:

    Room77: http://room77.de/

    Joerg Platzer: https://www.linkedin.com/in/j%C3%B6rg-platzer/

    2014 CoinDesk article on Room77: https://www.coindesk.com/evolution-bitcoin-behind-berlin-bar

    The Room77 Bitcoin Meetup: https://www.meetup.com/Bitcoin-Lab-Berlin/events/qbbwmhyzjbjb/

    Photos of some of the Bitcoin-related signs I saw at Room77:


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