Category: 2-DailyNews

The best Sundays are for long reads and deep conversations. Last week the Let's Talk Bitcoin! Show gathered to discuss a new consensus driven approach to DeFi oracles and to revisit Johnston's Law (anything that can be decentralized will be decentralized) with the man who coined the phrase so many years ago.

Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

On today's podcast we're joined by early investor and entrepeneur David Johnston to discuss:

• A new "consensus based" alternative to "reserve based", "game theory based", or trusted oracle based Stablecoins
• The growing relevance of DeFi even for those who aren't using it
• Johnston's Law six years later, how far we've come and real reasons for optimism on the decentralized evolution of everything.

Credits for LTB#429 - Coronavirus Impacts on Bitcoin (And the IRS's Dumb Singularity)

This episode of Let's Talk Bitcoin! is sponsored by Purse.io and eToro.com.

This episode featured Stephanie Murphy, Jonathan Mohan, David Johnston and Adam B. Levine

Today's episode was produced by Adam B. Levine, edited by Jonas with music provided by Jared Rubens and Adam B. Levine

Would you like to Sponsor a future episode of the Let's Talk Bitcoin! show? Do you have any questions or comments? Email adam@ltbshow.com

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The cypherpunk movement has expanded far beyond the 2,000 people who subscribed to mailing lists in the 1990s. In 2018, Entrepreneur reported there are more than 8,000 posts on Bitcointalk every day, while Coinbase garnered millions of user accounts. Such experimental technology is no longer the realm of just a few thousand geeks.

However, across the board, even in 2020 cypherpunk projects rarely exceed a few dozen regular contributors. For example, Exiledsurfer, an event organizer and hacker space co-founder from the Parallele Polis collective, said his space in Vienna was inspired by a collective in Prague that collects roughly $5,000 a month in cryptocurrency from members to share a venue. Likewise, the Vienna chapter accepts dues in DAI, monero and bitcoin, just to name a few. 

“We’re a crypto pure organization,” Exiledsurfer said. “This will be an alternative asset class or, in a hundred years, there will by three guys in a garage in Topeka, Kansas, tweaking on a 2020 computer to keep the chain alive, just like people tweak on old cars.”

The cypherpunk movement appears to be growing, albeit slowly. 

“I still get people every week, young people and programmers who say they want to give their lives to this thing,” cypherpunk icon Amir Taaki said, underscoring why he believes the movement will only succeed through groups with “structured” training methods. 

“There’s a yearning need for this...we can build our own financial networks outside of the control of the state,” Taaki said of the academy he plans to launch in Barcelona. 

“How do all of these pieces that we’re working on fit together to serve a higher goal? What’s our narrative?” Taaki said. 

Yet, even as a cypherpunk technology aficionado, Wertheimer disagrees with such collectivist views of “our” narrative or “pure” projects. 

“I don’t think we need bitcoin evangelists,” Wertheimer said. We’ll talk about why he views the ideological movement as divorced from user groups that may now utilize cypherpunk technology. 

Want more? Read my article about how bitcoin compares to the early days of the internet.

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Massive and novel government intervention in markets is now a foregone conclusion, but what happens to bitcoin as the dust settles? 

Description 

Yesterday, the Federal Reserve announced more than a trillion dollars in liquidity injections into the market. In the coming weeks, many observers expect trillions of more in stimulus in a variety of exotic new intervention tactics. 

While this will (hopefully) stem the still emerging economic fallout from the pandemic, it creates its own new set of problems. In this episode of The Breakdown, @NLW is joined by “We Study Billionaires” host Preston Pysh to discuss:

• How bond markets will react to the wave of stimulus 
• The challenge of global coordination for a new Bretton Woods
• Why in the wake of stimulus some governments might turn to bitcoin 
• The three factors that lead to currency failure

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Coronavirus closures. The push to expand testing. Stock market meltdown. CBS News Correspondent Steve Kathan has today's World News Roundup.

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A resetting of the clock on the Russian leader’s tenure will almost certainly pass into law. That sets up a standoff with a public swiftly losing faith in him. The incentives around sick days are all wrong; a change in attitudes could keep everyone safer. And why it is that, for many contestants on “The Price is Right”, the price is wrong. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer

The news to know for Friday, March 13th, 2020! 

We're talking about the latest updates for the new coronavirus as people cancel plans around the world. Yet, there’s some surprising data about jobs. We’re also talking about the first one-on-one Democratic debate happening this weekend.

Plus: new planets discovered, wacky dream homes, and a couple of much-needed reasons to “feel good” this Friday.

Those stories and more in less than 10 minutes!

Award-winning broadcast journalist and former TV news reporter Erica Mandy breaks it all down for you. 

Head to www.theNewsWorthy.com or see sources below to read more about any of the stories mentioned today.

This episode is brought to you by www.Rothys.com/newsworthy and www.MagicSpoon.com/newsworthy 

Become a NewsWorthy INSIDER! Learn more here: www.TheNewsWorthy.com/insider

 

 

Sources:

Coronavirus Event Cancellations: USA Today, CBS Sports, Buzzfeed, ABC News, CNN

Coronavirus Cases/Testing/Vaccine Progress: CDC, WaPo, IBT, WSJ, BBC, CNBC, 

Economy, Travel & Emergency Aid Politico, AP, NYT, Boston Globe, CNN, The Guardian

U.S. Iraq Airstrike: AP, CNN

Chelsea Manning Jail Release: CBS News, NPR

2020 Dems on Coronavirus: USA Today, Yahoo, NYTimes

Debate Sunday: USA Today, TIME, Politico

Jobless Benefits Claims: ABC News, CNBC

New Planets Beyond Neptune: Space.com, USA Today

Editing Tweets: The Verge, TechCrunch

Airbnb Home-Building Contest: USA Today, MarketWatch, AirBnb

Dali Found at Thrift Store: CNN, People

Feel Good Friday – Animals' New Lives: The Hill, People

Sen. Kelly Loeffler of Georgia is the first woman from Georgia ever to vote in the United States Senate. She appointed to the Senate to fill the vacancy caused by the resignation of Johnny Isakson, a Republican, and took the oath of office on January 6, 2020. She joins me on The Daily Signal podcast to talk about transitioning from the private sector to the public sector, what she’s most passionate about working on as a new member of Congress, as well as her perspective on how President Trump has handled the coronavirus. 

We also cover these stories:

• President Trump spoke further Thursday about the travel ban to Europe. "I made a very tough decision last night and a very tough decision a long time ago with respect to China," Trump said.
• The Senate will stay in session next week, despite a scheduled recess, in order to give lawmakers additional time to address coronavirus.
• The state of California is asking that all mass gatherings be postponed or cancelled for the rest of March. 

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The Coronavirus got really extra real today for markets. A two and a half week selloff was tipped to the next level by a major ratcheting up of action from the US government (which still seemed clearly to be not enough to calm markets). 

In bitcoin, this meant a drop from around $8000 yesterday to under $6000 today - a head-spinning dump, especially for those who are more recent to crypto. 

Still, in this episode, @NLW argues that there are 7 good reasons to keep calm and HODL on:

• It’s not just bitcoin 
• Correlation means infiltration
• Peak fear 
• Asia on the upswing 
• Buy order behavior 
• Bitcoin’s been dead before  
• And a bonus: this environment is exactly what bitcoin was built for

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President Trump restricts travel from Europe. NBA suspends its season. Wall Street dive continues. Tom Hanks tests positive for virus. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Britain’s central bank made an emergency cut and released a budget with a whopping £30bn ($38bn) stimulus; we discuss what countries are doing, or should be, to cushion economies against the pandemic. After decades of false starts, laser-based weapons will soon shine on the battlefield. And a look at the legacy and philosophy of “The Hitchhiker’s Guide to the Galaxy” as it turns 42.

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