This WCN episode from January 18, 2015, covered updates on Potcoin, an investigation into PotWallet's solvency, the potential intersection of cannabis and diet culture, and a market analysis of Bitcoin.
Main Topics Discussed:
* Potcoin Status: The coin is approaching its first anniversary and requires significant community effort ("feeding and burping") to survive until mainstream adoption.
* PotWallet Investigation: The host addressed accusations of theft regarding users' inability to withdraw funds, noting discrepancies in transactions and questioning Potlabs' solvency.
* Cannabis/CBD Market: The focus shifted to the potential for CBD strains to revolutionize the diet industry by offering appetite suppression without the "munchies."
* Bitcoin Forecast: The host discussed Bitcoin's cyclical nature, predicting continued volatility, a high of $10,000, and a subsequent crash.
Key Quotes:
1. "The potcoin community will still need to feed and burp and change its diapers this year."
2. "Don't underestimate women's power to change laws and social norms."
3. "The moral of the story is that you can have fun if you realize you're on a roller coaster..."
People Mentioned:
* The Laser Viking (Reddit user involved in the PotWallet issue)
* Skinny Girl Bethany Frankl (Figure entering the cannabis space)
* Potlabs (The company running PotWallet)
Bitcoin Price:
* The price was recently noted to have crashed down to $166.