Bitcoin Hearing Memes -- Burning Man to accept Bitcoin -- Litecoin Spikes!
MB
·
2013-11-20
·00:03:33
·MadBitcoins
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November 20, 2013 -- Lima, Peru -- MadBitcoins: Change The Script. Here are Today's MadBits: Bitcoin prices are down with Coindesk BPI reporting a Last of $573, a High of $573, and a Low of $428. Litecoin went up to...
Summary
Here's a summary of the 2013-11-20 MB episode:
1. Main Topics Discussed:
- Bitcoin Hearing & Regulation: Discussion of a US Senate hearing on Bitcoin, focusing on Senator Kirk's concerns about complexity and potential for terrorism, and Senator Moran's desire to learn more before regulation.
- Burning Man Accepting Bitcoin: Announcement that Burning Man will begin accepting Bitcoin for ticket sales next year.
- Litecoin Spike: Report on Litecoin's rapid price increase and market capitalization surge.
- Memes & Commentary: General commentary and humorous observations on the Bitcoin space.
2. Key Quotes:
- "Senator Kirk believes that Bitcoin is too complex, and thus must be used for terrorism."
- "Good guy Senator Jerry Moran wants to learn something about Bitcoin before regulating it."
- "Larry Harvey...said yes [to accepting Bitcoin for Burning Man tickets]."
3. People Mentioned:
- Senator Kirk
- Senator Jerry Moran
- Larry Harvey (Founder of Burning Man)
- Edward Snowden (briefly mentioned)
- GoTid (friend in the background)
4. Bitcoin Price:
- Reported price: Low of $428, High of $573, Last at $573 (as of the recording).
People mentioned