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This Week In Cryptos #16

WCN · 2014-06-07 ·00:07:26 ·World Crypto Network
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Summary

This episode recap covers major developments in Bitcoin adoption, security threats, and infrastructure growth during the week of May 30th to June 15th, 2014.

Main Topics Discussed:
* Security Threats: European Cyber Crime Center (EC3) shut down command and control servers, giving users a two-week window to secure their data.
* Corporate Adoption: Apple revised its App Store policies to allow Bitcoin apps, with Coinja being the first to return. eBay CEO John Donahoe also expressed interest in integrating Bitcoin into PayPal.
* Infrastructure Growth: Bitcoin ATMs are expanding globally, with a launch in Warsaw and plans for Denmark and Ireland.
* National Policy: Bitcoin Australia issued a public letter criticizing the current government policy, predicting a "cold lime" outcome.
* Events & Use Cases: Coverage included Bitcoin cars for racing and the ability to use Bitcoin to buy real-world goods (like soup).

Key Quotes:
* "Apple revised its up-store policies to allow Bitcoin apps." (Highlighting major tech acceptance)
* "We don't like the current on Australia!" (Capturing the tone of the national policy critique)
* "giving the users a 2-week window to secure themselves..." (Warning about cyber threats)

People Mentioned:
John Donahoe (eBay CEO), Dan Wells (Formula Master driver), Roland (ATM installer).

Bitcoin Price:
Not mentioned.

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