This episode provides a comprehensive roundup of cryptocurrency news from June 6, 2014, covering major local events, regulatory developments, and technological shifts in the crypto space.
### Summary
The broadcast highlighted the volatility of Bitcoin, noting a price range between $647 and $657. The episode heavily featured the upcoming "Bitcoin Weekend in San Francisco," which included a marathon run by Jason King and a major bowling fundraiser involving industry players like Coinbase and Kraken.
On the regulatory front, the show reported that Facebook had approved multi-coin tipping apps, though notably, these apps were for Dogecoin and other coins, not Bitcoin. Other key updates included a US researcher being banned for mining Bitcoin using university supercomputers, and the IRS confirming that Bitcoin would not need to be reported on the FinCEN Form 114. Furthermore, the UK charity Comic Relief was exploring the use of Bitcoin donations via QR codes.
### Extractions
1) Main Topics Discussed:
* Bitcoin price volatility and market activity.
* The "Bitcoin Weekend" event in San Francisco (running marathon and bowling fundraiser).
* Facebook approving multi-coin tipping apps (for coins other than Bitcoin).
* Regulatory clarity: IRS confirming no Bitcoin reporting requirement.
* Charitable adoption: Comic Relief investigating Bitcoin donations.
2) Key Quotes:
* "Bitcoin prices have gone all wiggly with CoinDesk BPI reporting a last of 653, a high of 657, and a low of 647."
* "Facebook approves first cryptocurrency tipping apps... it's not a Bitcoin tipping app. It's a Dogecoin one."
* "Comic Relief, this right here could be your entire fundraiser."
3) People Mentioned:
* Jason King
* Comic Relief
4) Bitcoin Price:
* Last: 653; High: 657; Low: 647.