Look Who it Was Random video

The Bitcoin Group #39 - NY BitLicense Rules - Bitcoin and Business - Vericoin Hacked - Local

1,313 views · Published 18 July 2014 · 1:06:34 · Indexed 21 September 2026

Channel: World Crypto Network · 2014 · Entertainment

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Featuring... Chris Ellis (http://feathercoin.com), Kristov Atlas (http://anonymousbitcoinbook.com/), Davi Barker (http://shinybadges.com), Blake Anderson (https://www.facebook.com/GotBlake) and Thomas Hunt (http://madbitcoins.com).

THIS WEEK:
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Issue 1 -- New York unveils Bitcoin license rules -- As expected New York State is leading the way in Bitcoin Regulation, with the goal of creating an exchange where users could never lose their money except through trading fees and losses -- but at the same time not having the rules be "so burdensome or unwieldy that the technology can't develop."  That last part is a direct quote from SuperNintendo Lawsky.  Has the NYDFS done succeeded in their goals? 



http://www.nydailynews.com/new-york/ny-proposes-regulations-companies-trading-bitcoin-article-1.1871278
http://money.cnn.com/2014/07/18/technology/bitcoin-license/
http://www.foxbusiness.com/industries/2014/07/17/ny-seeks-comments-on-bitcoin-regulatory-framework/
http://www.wired.com/2014/07/ny_bitcoin/



Issue 2 -- Bitcoin and Business -- Choose your own story -- 

Bitcoin Business is booming at Cheap Air where they've sold more than $1.5 Million dollars in flights, hotels and even train bookings at CheapAir.com
http://www.coindesk.com/cheapair-tops-1-5-million-in-total-bitcoin-sales/

Not if, but when.  Not now, but soon.  The deck is stacked and e-commerce in general is preparing to go the full bitcoin with Japanese super giant Rakuten perhaps leading the way.
http://cointelegraph.com/news/112076/japanese-e-commerce-giant-to-accept-bitcoin-sooner-or-later-ceo-says

And in Lighter News, Bitcoin Search Result Fixing -- Did a mining company really buy Buttcoin.org to transform a negative article?  Turn a piece of shit into a piece of sexy? 
http://techcrunch.com/2014/07/14/bitcoin-mining-company-buys-critical-site-to-improve-google-results/

Issue 3 -- Vericoin Hacked -- MintPal had too much Vericoin in their hot wallet and got hacked -- hard.  The problem is, the exchange lost more than 30% of the available Vericoin on the market and Vericoin is proof of stake.  There could now very easily be a 51% attack.  It was then the devs decided to fork the blockchain to return the coins to MintPal.  Did the Vericoin devs do the right thing?  Is Vericoin decentralized?  Is this idea coming to bitcoin soon? 

http://www.coindesk.com/bitcoin-protected-vericoin-stolen-mintpal-wallet-breach/


Issue 4 -- And now Local Bitcoins -- which is pretty much illegal now in New York State -- oooo.  low blow.  

In San Francisco -- Tatiana Moroz is having a Concert at the Bitcoin Meetup at 20 Mission
http://www.meetup.com/San-Francisco-Bitcoin-Social/events/194278092/

In Chicago they're having the Bitcoin Chicago Convention and a Free Bitcoin Beginners Workshop both mornings! 
http://btcchicago.com/

and in Thailand -- Bitcoin Bangkok in meeting up Saturday July 19 at 3:00 PM
http://www.meetup.com/Bangkok-Bitcoin-Meetups/

also in Cleveland the North American Bitcoin Car Giveaway! is in town July 19th and 20th!  Win a Brand New Kia Soul or 10,000 in Bitcoins -- talk about selling your soul

http://www.clevelandnightout.com/events/meetup/194929982/north-american-bitcoin-car-giveaway

Which event will you be attending?  Or is there another local bitcoin meetup you'd like to mention? 

then Questions and Answers from the Audience! 

and Predictions!

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