Theranos and Ok Bitcoiner - E193

11/30/19 • 15 min

We are seeing the slow motion collapse of Ethereum in front of our eyes. I debrief the Adam Back comparison of Ethereum to Theranos and Vitalik's toxic reply to me of "ok bitcoiner". Short but dense episode.

Show notes: https://bitcoinandmarkets.com/e193

Vitalik tweet https://twitter.com/VitalikButerin/status/1199820134275145728

Show notes: https://bitcoinandmarkets.com/e193

Vitalik tweet https://twitter.com/VitalikButerin/status/1199820134275145728

Previous Episode

China's Weak Crackdown on Bitcoin, BTFD - E192

Dense episode today. We talk about the recent bitcoin price drop and how or if China had anything to do with it. China has come out with massive support for "blockchain" yet they are cracking down on cryptocurrency exchanges. Are we in crazytown or are they serious? We've seen this before. The Central Bank Digital Currency (CBDC) is just the latest incarnation of altcoins, but this time, because they are feeling the heat.

https://bitcoinandmarkets.com/e192

Next Episode

2019 Year In Review - E194

PRICE had 3 phases this year, 1) consolidation, 2) huge rally, 3) mini bear market

FEES were very low all year, blocks full

LIGHTNING First full year of mainnet wallets >3x growth Lightning Torch Watchtowers added to Lightning Loop in added to lightning Multi-part Payments added to lighting Hodlonaut Lightning bugs

PLUG-N-PLAY NODES The rise of the plug and play node

PRIVACY debates, privacy was enhanced in 2019

MISC QuadrigaCX Twitter and Square, Jack Dorsey #DeleteCoinbase Binance hack Tether and bitfinex CSW faketoshi sues everyone and gets owned in court Liquid tokens Plus token China block chain

FUTURES Bakkt ErisX Binance/FTX Crypto Facilities/Kraken BitMEX seychelles

CUSTODY Fidelity Coinbase/Xapo Bitgo/Kingdom Trust Swiss bank Vontobel

GOV CRACKDOWN FINCEN threatens KYC IRS and other tax agencies start asking direct questions FBI says Bitcoin is a growing issue for them

LIBRA and STABLECOINS CBDCs

REPO market and the Fed