You, Me, and BTC Your Liberty & Bitcoin Podcast
This is episode 168 of You, Me, and BTC – your liberty and Bitcoin podcast! This week we have two main topics lined up: Heleum and Amir Taaki.
To kick things off, we have a fantastic guest with us, Pace Ellsworth, the creator of Heleum. The upcoming service will automatically and algorithmically trade your money between several world currencies and cryptocurrencies. Rather than trying to game a single exchange pair (like BTC/USD), the program regularly checks numerous currencies for gains and moves into the best one.
Can this really work? How much money could it make? Why do we need something like this? How can we get involved? Pace will have all the answers tonight. And remember you can ask your own questions in the chat while we're live!
Then later in the show, we'll cover anarchist Bitcoiner Amir Taaki's recent run-in with ISIS. He used to work on anonymous, anarcho-capitalist projects like DarkWallet and OpenBazaar, but he was more or less lost for the past two years. Some people even thought he was dead.
Then we learned that he had been working and fighting with rebels in Syria to build a free world from the ground up. He went there hoping to employ his tech skills but ended up fighting on the front lines a bit too. We'll share more details and comment on Amir's (possibly questionable) endeavors.
Tune in tonight for all the fun and check the list below for some of the specific stories we'll cover!
- Heleum FAQ (If you sign up, make sure you list "YMB" as your referral!)
- How an Anarchist Bitcoin Coder Found Himself Fighting ISIS in Syria
Your hosts are Daniel Brown and Tim Baker. Don't forget to scroll down so you can keep up with our open tweet lines, vote in this week's Bitcoin poll, and share your thoughts in the comments!
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Amir Taaki fighting w rebels in Syria. Hero or NAP violator? Tune in @ 9P ET & talk it out w/ us! #Bitcoin #Anarchyhttps://t.co/QH0Z9UG4uO
— You, Me, and BTC (@YouMeAndBTC) March 30, 2017
My experience with Heleum is horrible! I invested €735 on February 14, and a little more than one month later it remains only €386! They lost almost half the investment. I don’t think they are scammers, just they profit when cryptos rise, and lose when cryptos fall. There’s absolutely no capital protection in their system. They stayed almost all the time on falling cryptos instead of jumping on more secure fiat currencies while the crypto market was in a bloodbath. Furthermore, they pocketed huge commissions on every transaction, between 1.5 and 2%. They syphoned €95 from my account with their transaction + ‘performance’ fees. Definitely not the place to store your long term savings, as they say. Rather a highly risky immature investment vehicule.