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Bitcoin News #35 - All Time Highs, R3 Admits Defeat, PBOC Backed Currency, Segwit Reaches 30%

4,469 views · Published 26 February 2017 · 1:59:45 · Indexed 6 November 2026

Channel: World Crypto Network · 2017 · Science & Technology

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Bitcoin news for the week of Feb 20th with your hosts @theonevortex @GabrielDVine @desantis @AnselLindner @BitcoinBlake @sharkybit and special guest Samson Mow!

Questions for Samson:
-How did you get into bitcoin?
-What was the decision process with regard to leaving BTCC and what will you mostly be up to now?

Topics:
-Bitcoin has reached All time highs and is staying above $1k for longest stretch in history. What got us here in the first place and how long will this bull run last?

-R3 recently Admitted Defeat by releasing a blog post saying that they no longer need a blockchain. Is this proof that the 2017 is the year of Bitcoin Not Blockchain?

-China announced that it's developing its own PBOC backed Digital Currency. Does it stand a chance and does it threaten bitcoin?

-With Segwit now signaling closer to 30% while Bitcoin Unlimited is down to 16%, do we think segwit has an even better shot at being pushed through? Or is segwit doomed from the start? 


Links:
https://themerkle.com/r3-admits-defeat-stops-blockchain-development/
https://www.bloomberg.com/news/articles/2017-02-23/pboc-is-going-digital-as-mobile-payments-boom-transforms-economy
http://bitcoinist.com/brock-pierce-vc-fund-ico/

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