The Bitcoin Group #98 – DAO White Hat Hack – BitFinex Crash – Brexit and Bitcoin




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Featuring…

Tone Vays (
Theo Goodman (
and Thomas Hunt (

THIS WEEK:
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The DAO is Under a Curator-lead White Hat Attack

Bruce Wanker Talks about The DAO attack

Bitfinex Outage Causes Bitcoin Price Flash Crash

Bitcoin value surges as British pound tanks on Brexit

and Predictions!

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27 comments on “The Bitcoin Group #98 – DAO White Hat Hack – BitFinex Crash – Brexit and Bitcoin

hi good video can someone please send me some bitcoin

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doesn't matter how big or small thanks

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I am interested to know the reasons you have about Ethereum respects it being not real.

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tone basically pwns every subject. ian…not so much lol. tone is a much needed voice in this space

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Invite Paul Sztorc on the show , it would be a good show

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my freaking sides still hurt from laughing at that video thank you mad

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Never understood why etherium needed a token either. My knee jerk reaction when first learning about it was 'well they need a token so they can pump and dump.' Later, I definitely felt like that was unfair and maybe I was simply too stupid to understand why it could work. Now, hmm, not feeling smart per se, perhaps appropriately cautious.

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7:15 This is what I have been saying all along about cryptocurrencies. At the end of the day the challenge will be the human beings not the technology. Insiders, power clusters, exploitation all over again.

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Tone does not have a problem with sweat shops… maybe go work in one then

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Ian DeMartino is retard, he does not gasp decentralization

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To Tone's point, the Silk Road was the first use case for smart contracts/escrow and produced a very efficient marketplace. Also, exactly right on who is going to hire and be willing to pay to use smart contracts to solve real world problems.

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Ian, Mt Gox, exchange failures, etc. had nothing to do with a the underlying Bitcoin system governance or consensus model. Not a valid comparison to what is going on with the Dao and Ethereum.

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Hi, just watching the podcast, i'm about just 7 minutes into it and Tone Vays, you say that you think Ethereum is a scam? Do you honestly think it is a scam or are you trying to say that it was set up as a scam? I want to first say that i don't own any Ethereum and i am not one of its biggest fans either, i have people think i bash on Ethereum way to much as well . Though i honestly don't think there is or was any intent as a scam , i remember before it even came out i was thinking it was light years away from being something, though to my amazement couple years later, Ethereum comes out and there was alot of attention sorrounding Ethereum.

I actually was listening to another podcast with Anthony Di'lorio and i was surprisedwhen i herd his views on THE DAO and what Ethereum should do regarding the so called "hacker".

i was hoping to get your thoughts ..

thanks

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Great show. Shame that DeMartino displayed his ignorance on reasons for the Brexit when he said he wouldn't.

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Ian was right, he doesn't know much about the UK. It's biased US media representation to state that the Brexit is just about Immigration, that may be the perceived view in the US, but it's not the main focus here. It's far far bigger than that, that is the BBC propaganda. The EU is unaccountable to anyone, the leaders are unelected Ex Goldman Sachs, there is no vote in the EU that would change any laws, and no way to revoke or stop any laws once implemented, it's soooo much bigger than immigrants, that's a very naive understanding of the EU and the Brexit.

As for Scotland, the SNP are morons, as is anyone following them, straight away, they're calling for a new referendum, for "Independence" so they can go be told what to do by the EU. Logic, window, thrown.
Listening, it would seem Tone has the best grasp of what's going on.

Trade deals with the EU, we don't need to do anything, there is now an entire planet to trade with, and at cheaper prices, especially food. UK is the largest consumer of EU goods, the good part is, we no longer need to be forced by agreement to take those low quality overpriced goods, the EU needs the UK, without us, many of the crony corporations will fail, creating true "free market" competition.
UK will be made to suffer in the short term, but the globalists will stop sulking and it'll be business as usual after a bit.
Tariffs, in the EU, they have used them to build trade walls, we could only buy goods from specific countries until the WTO butted in. Tariffs are bad Mkay

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Brexit was a scam by the Jew world order to Kill off the GBP. We will be back in the E.U before 10 years are out using the EURO!

Can't believe how many people see this has a win! IT DOES NOT MATTER WHAT YOU VOTED! THIS WAS PLANNED DECADES AGO! JUST L>IKE 9/11, ALL THE DOD SCHOOL SHOOTINGS, JUST LIKE PUTIN IS A CRYPTO JEW!

Why is it so hard see EVERYTHING is connected through centralisation, WORLDWIDE! Take a step back, look at the biig picture lol Jew's have been at this shit for MILLENIA! Nevermind centuries! lol

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Where In Thailand are you at Tone?I am in Chiang Mai.It's a cash society alright,everybody is staring at a smartphone though,with the right awareness of bitcoin in SEA,it could really take off here.

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Good call on the Euro Tone.Never thought the Britts would vote to leave,The Euro is now fucked,Northern Ireland on the cards next,Scotland again?Catalonia on the cards for sure.The beginning of the end for the E.U.Hopefully this will give D.C less power in the region and avert a hot war with Russia.Good day all round.

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awsome show as always.
I second your argument Tone… i would not have any further involvement in BTC if Miners could calloud and reverse transactions. Thats not what Crypto is about

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Can someone please explain to me why miners can reverse transactions in Ethereum but not in Bitcoin? Just because it never happen does it mean Bitcoin miners never will?

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how exactly does one join in on the show?

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Ian, I don't think leverage is a problem. As Thomas points out, it's naked trading that causes the real systemic issues.

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Andreas recommends forking the network at 1:26:05 in this video. What do you guys make of that?

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37:00 Tone broaches the media's complicity in exposing unwary investors to crypto risk. Solid

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