Ep.5 OMFG! Bitcoin Hates Mother Earth!

Hello Bitcoiners!

This week, we correct ourselves on some mistakes me made regarding our discussion last week regarding the NEM hack. We also discuss fractional reserve banking, Mastercard’s attempt to patent it in the crypto realm, and the energy consumption of the Bitcoin blockchain. Is a Bitcoin stablecoin useful? Is “MapleChange” the single greatest name for a crypto exchange based in Canada or would PoutineChange be more appropriate? And…is VeganCoin the next great Blockchain application if trading memes and virtue signalling is your thing?

Corrections to Last Week:

  1. NEM hacks

Weekly News Wrap Up:

  1. Mastercard files patent for fractional reserve crypto bank

  2. ERC20 token backed up by bitcoin

  3. Hodl Hodl exchange brings multisig contracts to its platform

  4. Bitcoin: the nail in the climate change coffin?

  5. Canadian Exchange MapleChange hacked

  6. Breaker asked major crypto outlets if they’d take money for covering a project

  7. Bitcoin Core Competition

Show Played Out To:

Sell Me This Shitcoin

One final note:

Make sure you are storing your crypto on something secure like a Ledger and backing it up on something sturdy like a Billfodl. If you buy these items through the links above, we do take a cut of the profits but it also helps support the show - a win/win for all involved.

Colin aulds