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Silk Road Reduced Violence -- Bitcoin on BoingBoing -- Bitcoin for 50 Cent

MB · 2014-06-04 ·00:04:07 ·MadBitcoins
Join the MadBitcoins Patreon for behind the scenes content! Subscribe for as low as $5 a month! http://patreon.com/madbitcoins June 4, 2014 -- Melbourne, Australia -- The Champagne of MadBitcoins. Special thanks to BTC donor Don -- who reminds us that if you send Bitcoins via coinbase, you can i...

Summary

This episode, recorded on June 4, 2014, covered a mix of Bitcoin market updates, cultural commentary, and academic studies, maintaining the show's characteristic enthusiastic tone.

1) Main Topics Discussed:
* Market Report: Bitcoin prices were reported as fluctuating, with CoinDesk showing a low of $6.17 and a high of $667. Vertcoin was also mentioned at $0.89.
* Silk Road Study: The episode highlighted a study suggesting that online drug markets (like Silk Road) may actually reduce violence in the drug trade, questioning the effectiveness of law enforcement takedowns.
* Bitcoin Promotion: Andreas Antonopoulos was celebrated for being featured on Boing Boing with his "Beginner's Guide to Bitcoin," promoting his upcoming book, Mastering Bitcoin.
* Pop Culture: The segment featured 50 Cent promoting his new album, Animal Ambition, by selling it using Bitcoin.

2) Key Quotes:
* "Hey FBI, remember that drug selling website you took down? Maybe you could put it back up."
* "It turns out that when people buy drugs online, there's less violence."
* "Congratulations to a friend of the show and Bitcoin champion, Andreas Antonopoulos, for being on the front page of Boing Boing..."

3) People Mentioned:
Don (BTC donor), Phineap (Photoshop artist), Andreas Antonopoulos, 50 Cent, Dr. Dre, Snoop Dogg, and Calvin Brodeus.

4) Bitcoin Price:
* CoinDesk: Last $6.45, High $667, Low $6.17.
* BPI: $10.89.
* Vertcoin: $0.89.

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