Bitcoin is Money, 500M Yahoo Accounts Hacked, Bitcoin Unlimited

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Featuring…

Tone Vays (https://twitter.com/Tone_LLT)
Theo Goodman (https://twitter.com/theog__)
and Thomas Hunt (https://twitter.com/MadBitcoins).

THIS WEEK:
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Bitcoin is money, U.S. judge says in case tied to JPMorgan hack

http://www.reuters.com/article/us-jpmorgan-cyber-bitcoin-idUSKCN11P2DE.

Yahoo Says Information on at Least 500 Million User Accounts Was Stolen

http://www.wsj.com/articles/yahoo-says-information-on-at-least-500-million-user-accounts-is-stolen-1474569637.

Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork

https://bitcoinmagazine.com/articles/roger-ver-is-still-determined-to-increase-the-bitcoin-block-size-limit-via-a-hard-fork-1474550552.

and Predictions!

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  1. The problem with bitcoin, eCoin any virtual coin and all crypto-currencies is that all transactions are virtual, public and ultimately traceable. Orwellianly so : "backdoor, side door" etc. We need currency that is impossible to trace, real not virtual and non-depedent on electricity or internet, in order to maintain some privacy and control.

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  6. Could it not be said that the 10-60 min confirmation is a part of the price paid for the security offered? Don't shorter confirmation times have a direct security trade off? Not %100 on that one, but it's been my impression. Guess traditional financial systems use time to aid security as well, but they of course burn days not 10's of minutes. I'm not a full-on maximalist but lighting network, should it become robust and trusted, would seem to mitigate most confirmation time 'issues'. Another good show. Thanks.

  7. @12:30 Tone is intimating that he doesn't pay for ISP & is stealing or hacked into a close by neighbour's wifi signal for his outdoor 'range extender'. :)

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