This episode, recorded on August 15, 2013, covered major developments in the cryptocurrency space, focusing on the political agenda of the Silk Road, a significant Android vulnerability, and a legal challenge against a crypto service.
1) Main Topics Discussed
* Silk Road's Political Agenda: Dread Pirate Roberts revealed that the black market drug site was a vehicle for a larger message: a radical libertarian revolutionary stance focused on human rights, rather than just drug sales.
* Android Crypto Flaw: Google confirmed a vulnerability in Android's Java cryptography architecture, which allowed $5,722 in Bitcoins to be stolen from a digital wallet. Developers were warned about the need to update how they handle pseudo-random number generators (PLRNGs).
* BitInstant Lawsuit: Three Bitcoins filed a class-action lawsuit against BitInstant, claiming the company made false promises regarding the speed of its services and the refund of fees.
2) Key Quotes
* "It's about standing up for our rights as human beings, and refusing to submit when we're done no wrong." (Dread Pirate Roberts)
* "Google confirms Android crypto flaw was used in $5,700 Bitcoin Heist."
* "We need super-sudo-random." (Referring to the necessary fix for the crypto flaw)
3) People Mentioned
* Matt Bitts (Host)
* Dread Pirate Roberts (Operator of Silk Road)
* Google
* BitInstant
4) Bitcoin Price
* The price was noted to be in the 110 range, with a high of 115 and a low of 109.