This episode provides a snapshot of the cryptocurrency and social landscape on September 20, 2013, covering major developments in the online drug market, blockchain technology, and charitable use of Bitcoin.
Main Topics Discussed:
* Online Drug Market: The popular underground drug market, Atlantis, has shut down due to security concerns, eliminating a major competitor to the Silk Road.
* Bitcoin Infrastructure: Gliff successfully raised a seed round for its service, which aims to simplify the process of sending Bitcoin, making it easier for users than manually entering long strings of numbers.
* Social Impact: Bitcoin is being used in charitable and educational contexts, notably at Sean's outposts in Florida, where the homeless are learning about and earning small amounts of Bitcoin.
* Charity: A donation campaign was running to provide warm socks and hoodies to the homeless in San Francisco.
Key Quotes:
* "Popular underground drug market, Atlantis, shuts down for security reasons."
* "Gliff raises seed round for world's easiest way to send Bitcoin."
* "They're also teaching the homeless about Bitcoin."
People Mentioned:
* Gliff (or Cliff)
* Sean (associated with Sean's outposts)
Bitcoin Price:
* Last: 1.23
* High: 1.27
* Low: 1.23