Federal Reserve finds Bitcoin Remarkable -- Hackers think so too -- Wu-Tang Bitcoin
MB
·
2013-11-08
·00:04:16
·MadBitcoins
Sponsored by Bittylicious - https://bittylicious.com/
November 8, 2013 -- Bangalore, India -- MadBitcoins: A generation ahead. Here are Today's MadBits: Bitcoin prices on Coindesk BPI continued to climb with a Last of $319, a High of $319, and a Low of $284. Litecoin jumped to $4 and 28 cents.
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Summary
Here's a summary of the 2013-11-08 "Federal Reserve finds Bitcoin Remarkable" MB episode:
1. Main Topics Discussed:
- Federal Reserve Recognition: A Federal Reserve economist praised Bitcoin as a "remarkable technical achievement" for its elegant solution to digital currency challenges.
- Hacking & Security: Discussion of a recent hack resulting in the theft of 4,100 Bitcoin, and advice on securing Bitcoin through paper wallets.
- Wu-Tang Clan & Bitcoin: A humorous update from the Wu-Tang Clan regarding their Bitcoin holdings.
- Bitcoin Job Market: Mention of a growing Bitcoin job board featuring positions at Ripple and Coinbase.
- Bitcoin Merchandise: Promotion of "Bitcoin.NotBombs.com" selling Bitcoin-themed apparel.
2. Key Quotes:
- "The Bitcoin Protocol provides an elegant solution to the problem of creating a digital currency." (Federal Reserve Economist)
- "Yo Twitter girl, I'm really happy for you and I'ma let you finish, but my bitcoins be cray right now. Well over 300, god damn." (Wu-Tang Clan)
- "Knowing is half the battle." (Referring to Bitcoin security)
3. People Mentioned:
- Federal Reserve Economist (unnamed)
- Wu-Tang Clan (via Twitter)
- Someone referred to as "Twitter girl"
4. Bitcoin Price:
- The price was fluctuating between $284 and $319 (USD).
People mentioned