This episode, recorded on September 17, 2013, covered three major developments in the cryptocurrency space: increased institutional interest in Bitcoin, the push for native web payments, and the collapse of a major altcoin alliance.
Main Topics Discussed:
* Institutional Backing: The Wiggle Voss twins presented to investors, highlighting that Bitcoin was gaining significant backing from Venture Capitalists (VCs).
* Web Payments Integration: Manu Sporny proposed developing a Bitcoin standard for W3C, aiming to permanently embed Bitcoin into web browsers, eliminating the need for manual credit card entry.
* Altcoin Collapse: The "Legendary Alliance" (Phoenix Coin, World Coin, and Feathercoin) officially dissolved, failing due to the complexity of building a bridge between three distinct currencies.
Key Quotes:
* "Bitcoin is backed now... Bitcoin is backed by the faith of the VCs, and these people put their money where their mouths are."
* "Why not do the same thing for Bitcoin? No more entering credit card information. From now on, you just click the buy button in your browser and go on your merry way."
* "Unox, Altcoin, Partnership, Dismantle, Following Feathercoin, pull out. It never made any sense and now it's over."
People Mentioned:
* Wiggle Voss twins
* Manu Sporny
* Yoko
Bitcoin Price:
* Last: 126; Low: 124; High: 126.