Hour 1 - 3
Hour 1-2 -- Dmitry "Rassah" Murashchik (Community Manager for Mycelium) on bitcoin, bitcoin anonymity, wide adoption
Hour 3 -- Roger Ver (CEO of Memory Dealers) on bitcoin, anonymity, Bitcoin Bounty Hunters, community vs. governmental regulation
CALL IN TO SHOW: 602-264-2800
October 16th, 2014
Declare Your Independence with Ernest Hancock
on LRN.FM / Monday - Friday
9 a.m. - Noon (EST)
Studio Line: 602-264-2800
2014-10-16 Hour 1 Dmitry 'Rassah' Murashchik (Video Archive):
Dmitry "Rassah" Murashchik
Community Manager for Mycelium
Dmitry has been involved with digital currencies as far back as 2003, studying their use and economic development in various games and virtual worlds. He holds a Master's in Global Finance and Economics, and has over a decade of experience in personal and corporate finance and investments. He also has a background in technology, and prior to switching to finance was involved in IT and software development, including working as an IT manager and software developer for McDonald's Corp.Dmitry has been involved in bitcoin in various capacities, including mining, investing, helping with related project development, venture funding, and volunteering as a Bitcoin consultant for "Bitcoin 101″ tables at various conferences. Since its founding in November of 2011, Dmitry has worked as an accountant and treasurer for the Bitcoin100 charity fundraiser, and was promoted to the role of director in May of 2013. More recently, Dmitry was hired to work as a Community Manager for Mycelium, the group behind the Bitcoin wallet, as well as the BitcoinCard.org project.
Mycelium - What we are all about
The Mycelium project was started by developing the Bitcoincard in 2008. The goal was to create an infrastructure-independent, self-powered, ad-hoc network that could dynamically form wherever a sufficient number of nodes came together to support it. Back then there was no bitcoin, and the main purpose of this network was to create an uninterruptible text messaging system that works directly between active and present nodes within a radius of 300 meters, via credit card form factor user devices. When Bitcoin was released, the project team realized that it fits perfectly into the project's ideology, and decided to concentrate its efforts on integrating bitcoin into a software-programmable hardware device.
In 2012, Mycelium team decided to diversify projects, and began developing Mycelium Bitcoin Wallet and other bitcoin-related products. The software development and hardware engineering team is comprised of world-class specialists, whose main task is to develop a full range of products which would enable bitcoin use by both physical, and legal/corporate persons in all areas of economic activity, ranging from the acquisition, storage, and use of bitcoins in everyday life as payment tool, to long term investments and professional trading of cryptocurrencies.
Today the Mycelium team consists of 35 people working in Europe, America and Asia.
Mycelium's Goal - to make bitcoin penetration as prevalent in our lives as the level of Internet penetration is in the life of modern man.
The online cryptocurrency bitcoin received exhaustive news coverage in 2013, but many of its high-profile headlines should seem familiar. Over the past several years, virtual currencies have been connected to huge investment losses, government crackdowns, and online exchanges trafficking in black market goods.
Bitcoin's decentralized structure is new, but some of the more dramatic stories swirling around the virtual currency have been seen before.
In May 2013, the US government announced an indictment against Liberty Reserve, an online bank that exchanged local currencies into Liberty Reserve dollars. According to the indictment, Liberty Reserve dollars were used to distribute, store, and launder the proceeds of more than US$6 billion worth of illegal activity that included credit card fraud, identity theft, and drug trafficking. Liberty Reserve was shut down, and US authorities seized 45 bank accounts in connection with the operation.
Five months later, the US government closed the online marketplace Silk Road. The operation involved the government seizure of approximately 26,000 bitcoins and documents alleging more than one attempted assassination, but Reuters editor Matthew Goldstein noted that "the Silk Road story isn't a totally new one."
In 2012, a Washington Post article named three companies that employed full-time economists to manage their virtual currencies:
In Iceland, CCP Games hired Eyjólfur Guðmundsson to manage a team of eight analysts. The article frames the complexity of Guðmundsson's job in relation to the fact that there were more people playing CCP's Eve Online game than there were living in Iceland.
Valve Corporation, which was looking to create a shared currency by linking economies in two virtual environments, enlisted Yanis Varoufakis as its economist in residence. Valve president Gabe Newell likened his company's problems to balance-of-payments issues experienced between Germany and Greece.
ArenaNet appointed John Smith to manage the virtual currency of its game, Guild Wars 2. ArenaNet highlighted Smith's work because the business model for Guild Wars 2 was a departure from that of other online games; it hoped to replace traditional subscription revenue with profits made from selling virtual items.
The recent announcement that a San Francisco hedge fund is seeking a trader to specialize in bitcoin transactions is the latest example of people making a real-world living based on virtual currency management.
Read the rest of the article here
2014-10-16 Hour 2 Dmitry 'Rassah' Murashchik (Video Archive):
Dmitry "Rassah" Murashchik (Cont'd)
In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these "dollars wrapped with love" and analyzes how they are stifled by practical and regulatory obstacles.
Feature Article • Global Edition
Declare Your Independence with Ernest Hancock
Gov't is getting Thunderstruck by Bitcoin
"REALLY trying to avoid flat out saying that using bitcoin does to taxes and tax evasion what file sharing does to copyright, which will hopefully defund all the BS and "force" that governments rely on to exist. But hopefully that's fine for your audience"
2014-10-16 Hour 3 Roger Ver (Video Archive):
CEO of Memory Dealers
Roger has served as the full time CEO of MemoryDealers.com, directly employing about 30 people, and serving happy customers around the world. Over the last decade, under Roger's leadership, Memory Dealers has grown to become a world leader in the used Cisco memory and networking equipment industry. In early 2011 Roger discovered Bitcoin. MemoryDealers became the first mainstream business to accept bitcoins as payment, and Roger became the earliest, and one of the most prolific Bitcoin related startup investors, earning the name "Bitcoin Jesus" in the process. Roger has funded the seed rounds for such Bitcoin startups as:http://bitcoin.com/, https://blockchain.com/, https://bitcoinfoundation.org/, https://blockchain.info/, https://ripple.com/, https://www.kraken.com/, https://coinapult.com/, https://bitpay.com/, https://www.hivewallet.com/ and several more. He is also a vocal proponent of voluntaryism.
Memory Dealers offers the largest selection of discounted and custom transceivers, memory, and hardware. We design, manufacture, and market memory modules for use in Cisco, Sun, Juniper, PCs, laptops, and legacy devices.
Founded in 2000, our global headquarters is located in the heart of Silicon Valley, with offices in Korea and Japan. Our world-wide presence, friendly customer service and free technical support guarantees that we can offer solutions that fit your needs, no matter where you are located.
Bitcoin Bounty Hunt is a new service that allows people to anonymously crowd source bounties to catch a particular criminal.
Anyone can contribute bitcoins to the bounty pool. Anyone who is a position to help catch the criminal can compile all of the details proving the person's guilt, and submit a zero knowledge proof of the evidence using proofofexistence.com Then they contact the correct "authorities" and provide all the necessary details that lead to an arrest and conviction. Once there has been a conviction, contact us with with the evidence you submitted to proof of existence. If we agree that you were the earliest person, we will pay you the bounty.
Anyone can anonymously contribute bitcoins to the prize pool by donating to the bitcoin address associated with each bounty. Anyone can anonymously submit the information required to lead to the arrest and conviction. Anyone can anonymously collect the bounty.
Once there has been a conviction, contact us with with the evidence you submitted to proofofexistence.com If we agree that you were the earliest person with the evidence leading to the arrest, we will pay you the bounty to the bitcoin address specified in the document.
Why spend your precious coins?
We want to live in a world where Bitcoin is used as a currency because it can be a very effective medium of exchange. But the truth is, people don't want to part with their bitcoins. And why should they?
PurseIO provides huge discounts (average savings of 15%) to shop on Amazon.
Why buy bitcoins from PurseIO?
PurseIO is the most convenient way to buy bitcoins. It's as easy as shopping on Amazon! People who have bitcoins set the rate at which you can buy them. Simply add their wish list items on Amazon, check out, and you're done!
How much does PurseIO charge?
We charge a 1% fee for the spender getting the discount. Buyers do not pay a fee.
Where does the discount come from?
Bitcoin is not available everywhere. Depending on where you are, it's a pain in the ass to link bank accounts, pay international wires, get verified, etc. It takes a long time too. People are willing to pay a premium for a quick and convenient solution.
What countries do you support??
Anyone with a major credit card can purchase bitcoins on PurseIO. Bitcoin spenders can shop on Amazon.com or the international sites including CA, UK, DE, FR, IT, ES, CN, IN, and JP.
What cryptocurrencies do you support?
PurseIO currently supports Bitcoin. If you would like to see other cryptos supported, please tweet or email us with suggestions!
World Knowledge Forum
The World Knowledge Forum is a non-profit entity, which aims to promote balanced global growth and prosperity through knowledge-sharing. As the largest business forum is Asia, the World Knowledge Forum brings together global leaders to address the importance of knowledge in meeting the challenges and opportunities of a rapidly changing world.
The world today faces host of severe economic and political issues such as currency war caused by aggressive monetary policy of major economies, slowdown of China's economic growth, persistent crisis in European countries, conflicts in the Middle East and Korean peninsula, the Arab Spring, and territorial disputes in Asia. As a result, the economic, political and social inequality has worsened, and this radical imbalance of wealth and power has led to conditions that are no longer sustainable.
We define the fundamental cause of this inequality as the disparity of knowledge. Acknowledging the importance of sharing knowledge throughout the world, we established the World Knowledge Forum(WKF) in 2000, after two years of preparation, to provide a platform for in-depth discussions of creative innovation to help bridge the knowledge gap.
Over the past 14 years, thousands of scholars, policy-makers, global leaders and corporate CEOs have participated in the WKF to share their knowledge with a multinational audience and co-panelists.