Bitcoin Doesn’t Need Money – Bits & Pieces #12

Profit from Bitcoin
Daniel is out of town this week so the following Bits & Pieces column is by Tim Baker. Enjoy!

  I’m glad Bitcoin has crashed (relatively) and I think you should be too. Actually, it's not that Bitcoin has crashed so much as the USD/BTC exchange rate has plummeted. That rate has absolutely nothing to do with the technology that is Bitcoin. Right now, Bitcoin is most prominently used as a medium of exchange, and …

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Bitcoin Belle on the Ulbricht Case and the Silk Road – YMB Podcast E56

Bitcoin Belle at the Silk Road Trial

Today we're joined by a very special guest, Michele Seven, also known as the Bitcoin Belle. She's been heavily involved in the activism surrounding the trial of Ross Ulbricht, the alleged creator of the Silk Road. Many people dislike the idea of an underground marketplace, but Michele will share some powerful experiences from her own life to explain the importance of having a safe environment for people buying drugs.

The Bitcoin Belle …

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Ulbricht, Karpeles, Silk Road, Gox, DPR, and Morality – Bits & Pieces #11

I recently enjoyed reading this article by Dan Krol from Bitcoin Not Bombs. The piece is about some surprising new testimony coming from the trial of Ross Ulbricht, the alleged mastermind behind the Silk Road. You should already know this, but the Silk Road was a fairly large, online, underground marketplace that used Bitcoin to facilitate the trade of illegal goods like drugs. It's a fascinating article and it's extremely relevant to me, given my …

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Purse’s $10,000 Guarantee and More Bitstamp – YMB Podcast E55

About a week ago, one of our favorite Bitcoin startups introduced a $10,000 guarantee for their services. If you've never heard of Purse.io before, we'll explain it how it allows you to spend Bitcoin at Amazon while getting a discount in the neighborhood of 20%. We'll also chat about how this new protection policy should make Purse even better.

Then later in the show, we'll follow up on last week's discussion about the Bitstamp hack. …

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Social Unity via Bitcoin

Bitcoin Unifies Us
by Tim Baker

  We all know the internet can be terrible for us. All the input, all the stimuli, all the voyeurism. It feeds us the idea that we must live up to this standard that we see in our friend’s pictures and status updates, but they’re doing the same thing. No one really reaches this standard, we’ve just collectively decided to be constantly miserable because our lives aren’t as kickass as they should …

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Bitcoin’s P2P Nature – Bits & Pieces #10

Bitcoin is P2P

Just last night, one of my favorite Bitcoiners, Jeffrey Tucker, released a brand new book, Bit by Bit. It's all about how P2P technology is changing our world for the better. We've had Mr. Tucker on our show a few times before and his understanding of Bitcoin is superb.

In light of this release, I thought I might take some time to explain the peer-to-peer nature of Bitcoin. What makes it P2P and why …

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The Bitstamp Hack – YMB Podcast E54

Earlier this week, a popular Bitcoin exchange, Bitstamp, lost about $5 million to a hacker. Today, we'll be chatting about that event. Fortunately, the administrators claim that their customers' deposits will be honored in full, but we'll discuss the possibility that this is false. We'll also try to decide how we should treat the stolen money on the blockchain. Tune in for all that and tons more!

Your hosts are Tim Baker and Daniel …

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Android App Review: BTC Faucets Bitcoin

by Tim Baker

  Until recently, I hadn't used a Bitcoin faucet for several years. I lost most of my interest when the price went above $100, but I decided to try out the BTC Faucets Bitcoin app on Google Play. This app groups together and manages a total of 37 Bitcoin faucet sites that work through Coinbox, BitChest, and Microwallet.org. I used my Motorola X for testing.

There is no registration required, so the …

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