Loading...

Follow The Bitcoin Game Podcast on Feedspot

Continue with Google
Continue with Facebook
or

Valid

Welcome to episode 63 of The Bitcoin Game, I'm Rob Mitchell. John Carvalho has been making waves in Bitcoin for a number of years, never afraid to mix it up regarding cryptocurrency topics. From content creator to entrepreneur to chief communications officer at Bitrefill, John is a very active player in the world of Bitcoin. We cover a wide range of topics in this interview.

EPISODE LINKS

John on Twitter https://twitter.com/BitcoinErrorLog

Bitrefill https://www.bitrefill.com

John's BTC Merch (includes #LNTrustchain & #WeAreAllHodlonaut) https://bitcointel.pro

John's (Old) Blog http://bitcoinerrorlog.com

Bitcoin Uncensored https://soundcloud.com/bitcoinuncensored

John Carvalho debates Roger Ver https://youtu.be/OJT2CbfHTpo

John's CV Tweet https://twitter.com/BitcoinErrorLog/status/1062108829142388737

Bitrefill's Thor Turbo https://www.bitrefill.com/thor-turbo-channels

Bitrefill: 2% Discount on Lightning Payments https://blog.bitrefill.com/lightning-network-discounts-at-bitrefill-a3a0e94c4f48

Lightning Network Wiki https://bitcoin.it/wiki/Lightning_Network

STAY IN TOUCH

Thanks so much for taking the time to listen to The Bitcoin Game!

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Rob@TheBitcoinGame.com

SPONSORS

The upcoming Bitcoin2019 conference is taking place on June 25 and 26 in San Francisco. There's an amazing line-up of speakers, and it's one of the most affordable Bitcoin conferences around. Go to Bitcoin2019Conference.com now and claim a 25-percent discount with promo code BG25.

Bitcoin2019Conference.com

While much of a Bitcoiner's time is spent in the world of digital assets, sometimes it's nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own the world famous Bitcoin Keychain.

As Seen On The Guardian TechCrunch Engadget Ars Technica Popular Mechanics Inforwars Maxim Inc. ViceRT Bitcoin Magazine VentureBeat PRI CoinDesk Washington Post Forbes Fast Company

Bitcoin Keychains - BKeychain.com

CREDITS

All music in this episode of The Bitcoin Game was created by Rob Mitchell.

The Bitcoin Game box art was created from an illustration by Rock Barcellos.

Bitcoin (Segwit) tipping address: 3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g

Lightning Network tipping: https://tippin.me/@TheBTCGame

Note: We've migrated our RSS feed (and primary content host) from Soundcloud to Libsyn. So if you noticed the Soundcloud numbers aren't nearly as high as they used to be, that's the reason.

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Welcome to episode 62 of The Bitcoin Game, I'm Rob Mitchell. Michel Rauchs is the Cryptocurrency and Blockchain lead at the Cambridge Centre for Alternative Finance (CCAF). For the past few years, Michel has devoted his life to studying the space, and he's been a big part of several comprehensive studies that dig into many aspects of Bitcoin and other cryptocurrencies. You'll see Michel and his reports cited in tons of articles, particularly those that focus on Bitcoin's energy use. I hope you enjoy Michel as my guest on today's episode.

EPISODE LINKS

Michel Rauchs on Twitter https://twitter.com/mrauchs

Cambridge Centre for Alternative Finance https://www.jbs.cam.ac.uk/ccaf

CCAF (2017) - Global Cryptocurrency Benchmarking Study https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/global-cryptocurrency

CCAF (December 2018) - 2nd Global Cryptoasset Benchmarking Study (Section 7 has mining stats and map) https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/2nd-global-cryptoasset-benchmark-study

CCAF (August 2018) - Distributed Ledger Technology Systems https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/distributed-ledger-technology-systems

Marc Bevand (2017) - Electricity consumption of Bitcoin https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/distributed-ledger-technology-systems

Michel's 2018 Blog post, "A note on censorship resistance" https://mrauchs.com/2018/10/a-note-on-censorship-resistance

Michel Rauchs, Xmas Lecture (December 2017) https://youtu.be/BTp3o60xcEI

STAY IN TOUCH

Thanks so much for taking the time to listen to The Bitcoin Game!

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Rob@TheBitcoinGame.com

SPONSORS

The upcoming Bitcoin2019 conference is taking place on June 25 and 26 in San Fransisco. There's an amazing line-up of speakers, and it's one of the most affordable Bitcoin conferences around. Go to Bitcoin2019Conference.com now and claim a 25-percent discount with promo code BG25.

Bitcoin2019Conference.com

While much of a Bitcoiner's time is spent in the world of digital assets, sometimes it's nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own the world famous Bitcoin Keychain.

As Seen On The Guardian TechCrunch Engadget Ars Technica Popular Mechanics Inforwars Maxim Inc. ViceRT Bitcoin Magazine VentureBeat PRI CoinDesk Washington Post Forbes Fast Company

Bitcoin Keychains - BKeychain.com

CREDITS

All music in this episode of The Bitcoin Game was created by Rob Mitchell.

The Bitcoin Game box art was created from an illustration by Rock Barcellos.

Bitcoin (Segwit) tipping address: 3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g

Lightning Network tipping: https://tippin.me/@TheBTCGame

Note: We've migrated our RSS feed (and primary content host) from Soundcloud to Libsyn. So if you noticed the Soundcloud numbers aren't nearly as high as they used to be, that's the reason.

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Welcome to episode 61 of The Bitcoin Game, I'm Rob Mitchell. In less than two years in the space, Leigh Cuen has become a mainstay in cryptocurrency journalism, as well as a highly elite user of GIFs on Crypto-Twitter. It was interesting to learn more about this prolific writer's background, thoughts about cryptocurrency, and even some basics about the business of journalism.

EPISODE LINKS

Leigh on Twitter https://twitter.com/la__cuen

Leigh's Coindesk Articles https://www.coindesk.com/author/lcuen

Poet takes revolution from Facebook to the world, by Leigh Cuen https://www.salon.com/2013/06/30/poet_takes_revolution_from_facebook_to_the_world

A 'new poetry' emerges from Syria's civil war, by Leigh Cuenhttps://www.aljazeera.com/indepth/features/2013/09/20139784442125773.html

How Fintech Plays Into The Israeli-Palestinian Conflict, by Leigh Cuen https://www.ibtimes.com/how-fintech-plays-israeli-palestinian-conflict-2592984

How Iranian Women Became the Queens of Online Shopping, by Leigh Cuen https://www.racked.com/2017/5/10/15450318/iran-online-shopping-women-tech

Trump Lies About the Status of the Economy, by Leigh Cuen https://www.teenvogue.com/story/trump-lies-about-the-status-of-the-economy

Pete Rizzo https://twitter.com/pete_rizzo_

Marc Hochstein https://twitter.com/MarcHochstein

Zack Seward https://twitter.com/zackseward

The Bitcoin Standard, by Saifedean Ammous https://amzn.to/2EGjGV9

There’s No Crypto Winter in Argentina..., by Leigh Cuen https://www.coindesk.com/crypto-startups-in-argentina-inflation-bitcoin

Bitcoin’s Warrior Queen: Lightning’s Elizabeth Stark..., by Leigh Cuen https://www.coindesk.com/coindesk-most-influential-blockchain-2018-elizabeth-stark

KPI (key performance indicator) https://www.quora.com/What-are-the-most-popular-KPIs-for-the-online-media-industry

Mastering Bitcoin, by Andreas M. Antonopoulos https://bitcoinbook.info

STAY IN TOUCH

Thanks so much for taking the time to listen to The Bitcoin Game!

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Rob@TheBitcoinGame.com

SPONSORS

The upcoming Bitcoin2019 conference is taking place on June 25 and 26 in San Fransisco. There's an amazing line-up of speakers, and it's one of the most affordable Bitcoin conferences around. Go to Bitcoin2019Conference.com now and claim a 25 percent discount with promo code BG25.

Bitcoin2019Conference.com

While much of a Bitcoiner's time is spent in the world of digital assets, sometimes it's nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own the world famous Bitcoin Keychain.

As Seen On The Guardian TechCrunch Engadget Ars Technica Popular Mechanics Inforwars Maxim Inc. ViceRT Bitcoin Magazine VentureBeat PRI CoinDesk Washington Post Forbes Fast Company

Bitcoin Keychains - BKeychain.com

CREDITS

All music in this episode of The Bitcoin Game was created by Rob Mitchell.

The Bitcoin Game box art was created from an illustration by Rock Barcellos.

Bitcoin (Segwit) tipping address: 3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g

Lightning Network tipping: https://tippin.me/@TheBTCGame

Note: We've migrated our RSS feed (and primary content host) from Soundcloud to Libsyn. So if you notice the Soundcloud numbers have dropped off, that's the reason.

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 
Hello, welcome to episode 18 of The Bitcoin Game, I'm Rob Mitchell. In today's show we start with a presentation by Jeremy Gardner, who co-founded the College Cryptocurrency Network and is Director of Operations at Augur. In his talk, Creating a Sustainable Blockchain Ecosystem, Jeremy gives his views on blockchains now and into the future. Then we turn to experienced market trader and economist Adam Hayes, who presents What Factors Give Cryptocurrencies Their Value: An Empirical Analysis. Hope you enjoy these two short presentations. Note that there are some audio rough patches in these recordings, as some audience questions aren't audible. MAGIC WORD Listen for the magic word, and submit it to your LetsTalkBitcoin.com account to claim a share of this week's distribution of LTBcoin. Listeners now have a full week from the release date to claim a magic word. The magic word for this episode must be submitted by 1:00pm Pacific Time on June 5, 2015. SHOW LINKS College Crypto Network http://collegecrypto.org Augur http://www.augur.net Adam Hayes' Cryptocurrency Papers http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2372041 Texas Bitcoin Conference http://texasbitcoinconference.com Send Small Donations to Red Cross for Nepal Earthquake Recovery https://blog.changetip.com/donations-red-cross-nepal-earthquake SPONSOR Bitcoin Keychains by Bkeychain You’ve seen these keychains on dozens and dozens of websites, it’s about time you had one of your own! These substantial metal keychains make great conversation starters, and they also make great gifts to or from Bitcoiners. You can find a list of online retailers at Bkeychain.com, and several support Bitcoin so much, they don’t even accept fiat currency. So what are you waiting for? http://Bkeychain.com MUSIC All music in this episode was created by me, or with friends and family. Ganesh Painting Company is the name of one of the jam bands I feature live recordings of regularly. Some of the musicians you're hearing are Mike Coleman, Rick Marshal, and Mark Denham. Feel free to contact me if you want more info about any music you hear on the podcast. Thanks for listening! STAY IN TOUCH https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Email me at Rob at TheBitcoinGame.com BOUNTY FOR TYPOS AND ERRORS Found an error or typo on this page? Is the magic word not working for you? Be the first to let me know privately (such as sending me an email or private message), and I'll send you some LTBcoin. The Bitcoin Game box artwork created from an illustration by Rock Barcellos.
Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 
Welcome to episode 13 of The Bitcoin Game, I'm Rob Mitchell. For today’s episode I spoke with Steven Sprague, an expert in an under-utilized technology called the Trusted Execution Environment that exists in chips inside many of our devices. Steven leveraged his extensive knowledge in this field to launch Rivetz, a company dedicated to bringing personal security to Bitcoin transactions, and more. The capabilities of this technology give me hope that there will soon be a migration past the current broken security paradigm. And perhaps Bitcoin’s need for ultimate security will be a catalyst to expand the use of this technology. MAGIC WORD Listen for the magic word, and submit it to your LetsTalkBitcoin.com account to claim a share of this week's distribution of LTBcoin. Listeners now have a full week from the release date to claim a magic word. The magic word for this episode must be submitted by 9:00am Pacific Time on April 2, 2015. SHOW LINKS Rivetz https://rivetz.com Wave Systems https://www.wave.com Trusted Execution Environment http://en.wikipedia.org/wiki/Trusted_execution_environment Trustonic http://www.trustonic.com Twilio https://www.twilio.com Omni Foundation http://www.omni.foundation Apple's Secure Enclave (and other info) http://www.apple.com/business/docs/iOS_Security_Guide.pdf Mobile World Congress http://www.mobileworldcongress.com Steven Sprague on Kaiser Report (Steven is on 15 minutes in) http://rt.com/shows/keiser-report/241189-episode-732-max-keiser/ Texas Bitcoin Conference http://texasbitcoinconference.com/conferences/austin2015 SPONSOR Bitcoin Keychains by Bkeychain http://bkeychain.com MUSIC All music in this episode was created by me, or with friends and family. Ganesh Painting Company is the name of one of the jam bands I feature live recordings of regularly. Some of the musicians you're hearing are Mike Coleman, Rick Marshal, and Mark Denham. Feel free to contact me if you want more info about any music you hear on the podcast. Thanks for listening! STAY IN TOUCH https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Email me at Rob at TheBitcoinGame.com The Bitcoin Game box artwork created from an illustration by Rock Barcellos.
Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 
Welcome to The Bitcoin Game, I'm Rob Mitchell. This episode's page on Let's Talk Bitcoin is: https://letstalkbitcoin.com/blog/post/the-bitcoin-game-8-danno-ferrin-bitstamp-visualization Danno Ferrin's current day job is working on Java for the Oracle Corporation. But for fun, Danno uses his programming skills to create visualization software for the BItcoin blockchain. In the wake of the large Bitstamp theft, Danno has been able to analyze some of the Bitcoin movements, using his software. Danno might be one of the most knowledgeable people about the loss, other than insiders like Bitstamp employees and the actual hacker (I have not been able to secure an interview with these parties). He speculates on what happened, and we also discuss a few other topics. I hope you enjoy this interview with Danno Ferrin. January 20, 2015 Update: Danno has seen more transactions since this postcast was released, check out his blog for the most recent observations and analyses. http://blog.cryptocrumb.com/2015/01/bitstamp-theft-two-weeks-later.html alt text Magic Word Listen for the magic word, and submit it to your LetsTalkBitcoin.com account to claim a share of this week's distribution of LTBcoin. If you haven't set up an account yet, what are you waiting for? The magic word must be submitted by 2:00pm (14:00 Pacific Time / GMT-8:00) on January 22th. Show links Coinbase BitHack (Bitcoin Hackathon) http://blog.coinbase.com/post/80997000003/announcing-the-coinbase-bithack-winners Danno Ferrin's Bitcoin Visualizing App (due in March 2015) http://numisight.com About University of California-San Diego researcher Sarah Meiklejohn http://www.coindesk.com/researcher-tracks-bitcoin-movements-anonymity CoinDesk article about Bitstamp featuring blockchain analysis by Danno Ferrin http://www.coindesk.com/analysis-bitstamp-hacker-stolen-additional-1-75-million Bitstamp's Reopening Announcement https://www.bitstamp.net/article/bitstamp-is-open-for-business-better-than-ever Bitstamp Cold Wallet Address 1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa Theft Address 1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf BitGo http://bitgoinc.com Peter Todd tweet about Bitstamp on servers hosted by Amazon Web Services https://twitter.com/petertoddbtc/status/554005770493521920 Danno Ferrin Blog http://blog.cryptocrumb.com Danno Ferrin Twitter (Bitcoin Account): @Numisight https://twitter.com/Numisight Danno Ferrin Twitter (Java/Groovy Account): @Shemnon https://twitter.com/shemnon Sponsor Bitcoin Keychains by Bkeychain http://bkeychain.com Music Music in this episode was created by me, or with friends and family. Ganesh Painting Company is the name of one of the jam bands I feature live recordings of regularly. Some of the musicians you're hearing in the band are Mike Coleman, Rick Marshal, and Michael Goldstein. Feel free to contact me if you want more info about any music you hear on the podcast. Thanks for listening! Stay in touch with the show https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Email me at Rob at TheBitcoinGame.com New podcast artwork created from an illustration by Rock Barcellos.
Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Welcome to episode number four of The Bitcoin Game. I'm your host, Rob Mitchell. In this episode I talk to serial entrepreneur and angel investor David Johnston. We discuss the distributed app projects he's involved in, his impressive business background, how he went all in on Bitcoin several years ago, and much more. David is a real champion of decentralization open source projects.

Listen for the magic word, and submit it to your LetsTalkBitcoin.com account to claim your share of the weekly distribution of LTBcoin. The magic word must be submitted within four days of this episode's release.

Show links

Ethereum https://www.ethereum.org

David's Crowdsale Best Practices White Paper on GitHub https://github.com/DavidJohnstonCEO/CrowdsaleBestPractices

DApps Fund http://www.dappsfund.com

Andreas Antonopoulos speaks with the Canadian Senates' Committee on Banking, Trade and Commerce http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-152-towards-innovation-and-progress

La`Zooz - Decentralized Transportation & RideSharing Platform http://www.lazooz.net

Factom (white paper due November 17, 2014) http://www.factom.org

Storj http://storj.io

Maidsafe http://maidsafe.net

BlockAuth https://blockauth.com

Blockstream - Sidechains White Paper http://www.blockstream.com

Music

Music in this episode was created by me, or with friends and family. Ganesh Painting Company is the name of one of the jam bands I feature live recordings of regularly. Some of the musicians you're hearing in the band are Mike Coleman, Rick Marshal, and Michael Goldstein. The last song features vocals by Angelo Spyropoulos. Feel free to contact me if you want more info about any music you hear on the podcast.

Stay in touch with the show

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Email me at Rob at TheBitcoinGame.com

Bitcoin tip address: 1G8HDg5EsPQpamKYS2bDya9Riv9xv1nVo5

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Hello, welcome to episode 28 of The Bitcoin Game. I'm Rob Mitchell.

When I scheduled an interview with CoinCube CEO Robert Allen, I felt pretty skeptical. My gut told me a cloud-based Bitcoin-trading-bot would be something like a cloud-mining Ponzi-scheme on steroids. I wondered, would this interview be my first exposé? Would my "gotcha" questions be too difficult for Robert to field? Listen to find out!

7/19/16 UPDATE: For the sake of being informative, the gains in my CoinCube-traded account to date are about 50% of the gains had I simply bought and hold Bitcoin in this account. CoinCube's Wave algorithm attempts to avoid bear markets by selling BTC, but my sense is it frequently misses price spikes this way. So, this first experimentation with a Bitcoin trading bot has been a disappontment so far. Of course, past performance is never a guarantee of future results (or everyone would be rich).

MAGIC WORD

Stay tuned for the magic word in this episode, and submit it to your LTB Network account to claim a share of this week's distribution of LTBCoin. Listeners have one week from the release date to claim the magic word credit. The magic word for this episode must be submitted by 3:00 p.m. Pacific time on October 29, 2015.

SPONSOR

While much of Bitcoiners' time is spent in the world of digital assets, sometimes it's nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own your own Classic Bitcoin Keychain or the new Bitcoin Fork Pen.

http://bkeychain.com http://bitcoinforks.com

SHOW LINKS

CoinCube http://coincube.io

CoinCube Performance History Chart https://coincube.io/performance

Gold Rehypothecation (article) http://www.zerohedge.com/news/2015-04-24/rehypothecation-gold-and-why-it-matters

Naked Shorting (Naked Short Selling) https://en.wikipedia.org/wiki/Naked_short_selling

Trend Following https://en.wikipedia.org/wiki/Trend_following

Moving Average https://en.wikipedia.org/wiki/Moving_average

Whipsaw Effect http://www.investopedia.com/terms/w/whipsaw.asp

Efficient-Market Hypothesis https://en.wikipedia.org/wiki/Efficient-market_hypothesis

Edward Thorp https://en.wikipedia.org/wiki/Edward_O._Thorp

Market Maker https://en.wikipedia.org/wiki/Market_maker

Fooled By Randomness, by Nassim Nicholas Taleb http://amzn.to/1Mc9suV

Monte Carlo Simulator https://en.wikipedia.org/wiki/Monte_Carlo_method

MUSIC

All the music in this episode of The Bitcoin Game was created by me! If you're curious, the music was created in GarageBand (by Apple), Animoog (by Moog Music), and Figure (by Propellerhead). Please contact me if you'd like more info about any music you hear on the podcast.

STAY IN TOUCH

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Rob@TheBitcoinGame.com

Thanks for listening!

Bitcoin tip address: 1G8HDg5EsPQpamKYS2bDya9Riv9xv1nVo5

The Bitcoin Game box art was created from an illustration by Rock Barcellos.

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Hello, welcome to episode 23 of The Bitcoin Game, I'm Rob Mitchell.

I decided to experiment with buying Bitcoin a new way; I bought shares of the Bitcoin Investment Trust. The trust is the first, and I believe the only current way a U.S. citizen can add an investment in Bitcoin to a recognized retirement account. You can buy shares of the Bitcoin Investment Trust with symbol GBTC using a standard brokerage account, just like buying a stock or ETF. You could argue that one doesn't actually own Bitcoin with these shares, since a third party holds the private keys, and there are inherent risks — just ask Patrick Byrne. But the fund, and this episode, are likely skewed slightly towards people interested in investing in Bitcoin for the long term, using an investing platform they are already familiar with, while shielding themselves from the learning curve still required to hold Bitcoin securely.

In today’s episode I speak with Michael Sonnenshein, director of Sales & Business Development for Grayscale, one of several companies founded by Barry Silbert. Based on Grayscale's first quarter financials, the total number of Bitcoin Investment Trust shares sold was approximately 1.41 million, which has a value of over $37 million dollars (at the current rate of $265/Bitcoin).

Potential fund buyers need to make sure they understand the risks associated with Bitcoin, investing in Bitcoin using a fund, as well as the fees and premiums that are associated with buying this fund.

Would you ever buy shares of the Bitcoin Investment Trust, or recommend it? Please let me know your thoughts by commenting below!

7/19/16 Update: For anyone who bought GBTC (Bitcoin Investment Trust) back when this episode aired, the gains have substantially surpassed a 100% investment in Bitcoin. I will go on a limb and say this is because the demand for GBTC has been a lot greater than the supply (probably due to mainstream and retirement investors wanting Bitcoin exposure). So the market price of GBTC is way above the net asset value of the Bitcoin that the trust holds. With two new Bitcoin ETFs expected in coming months/years, it's possible that new Bitcoin investment vehicles will cool off the demand for GBTC, so I'm not sure if buying GBTC on the open market is wise at current values. However, if you're a "qualified investor" who is up for a large initial investment and year waiting period, you can buy GBTC at par with the current price of Bitcoin, so that may be a smarter investment (if you believe in Bitcoin, and don't think we'll have a financial/societal "reset" before then). Of course, anything could happen to Bitcoin and/or GBTC. And be very aware, I'm definitely not an investment advisor, this is just my amateur read of the situation.

MAGIC WORD

Listen for the magic word, and submit it to your LetsTalkBitcoin.com account to claim a share of this week's distribution of LTBcoin. Listeners now have a full week from the release date to claim a magic word. The magic word for this episode must be submitted by 1:00 pm Pacific Time on August 21, 2015.

SHOW LINKS

Keynote 2015 http://www.keynote2015.com

Patrick Byrne on "owning" stock, via Reason http://reason.com/archives/2015/04/09/patrick-byrne/4

Bitcoin Investment Trust http://grayscale.co/bitcoin-investment-trust

Michael Sonnenshein’s Twitter https://twitter.com/sonnenshein

Barry Silbert’s Twitter https://twitter.com/barrysilbert

DCG (Digital Currency Group) http://dcg.co

Genesis (Over The Counter Bitcoin Trading) http://genesistrading.com

Grayscale http://grayscale.co

Xapo https://xapo.com

Bitcoin Investment Trust (GBTC) Price Chart http://www.nasdaq.com/symbol/gbtc/stock-chart

What’s an Accredited Investor? https://en.wikipedia.org/wiki/Accredited_investor

SPONSOR

Bitcoin Keychains by Bkeychain You’ve seen these keychains on dozens and dozens of websites, it’s about time you had one of your own! These substantial metal keychains make great conversation starters, and they also make great gifts to or from Bitcoiners. You can find a list of online retailers at Bkeychain.com, and several support Bitcoin so much, they don’t even accept fiat currency. So what are you waiting for? http://Bkeychain.com

MUSIC

All music in this episode was created by me, or with friends and family. Ganesh Painting Company is the name of one of the jam bands I feature live recordings of regularly. Some of the musicians you're hearing are Mike Coleman, Rick Marshal, Steve Lunn and Mark Denham. Some music loops you hear were created using Animoog (by Moog Music) and Figure (by Propellerhead). Please contact me if you want more info about any music you hear on the podcast.

STAY IN TOUCH

https://Twitter.com/TheBTCGame http://TheBitcoinGame.com Email me at Rob at TheBitcoinGame.com

Thanks for listening!

Bitcoin tip address: 1G8HDg5EsPQpamKYS2bDya9Riv9xv1nVo5

The Bitcoin Game box artwork created from an illustration by Rock Barcellos.

Read Full Article
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 
P.S.A. Red Cross and Changetip help Nepal Earthquake Relief by Rob Mitchell
Read Full Article

Read for later

Articles marked as Favorite are saved for later viewing.
close
  • Show original
  • .
  • Share
  • .
  • Favorite
  • .
  • Email
  • .
  • Add Tags 

Separate tags by commas
To access this feature, please upgrade your account.
Start your free month
Free Preview