This episode, recorded on May 4, 2015, covers several major developments and controversies in the Bitcoin space, maintaining a skeptical and highly conversational tone.
1) Main Topics Discussed:
* BitReserve Expansion: The discussion highlights Halsey Miner's venture, BitReserve, which allows users to hold and spend various fiat currencies (USD, EUR, GBP) and precious metals (gold, silver, platinum) as easily as Bitcoin, with plans to expand into India.
* BitGo Patent Controversy: The episode addresses the news of BitGo attempting to patent multi-sig technology. The hosts discuss the subsequent public outcry and a technical bug discovered by BlockTrail, which exposed BitGo's information on the blockchain.
* The "21" Miner Play: The show critiques the secretive company "21," which is attempting to integrate Bitcoin miners into everyday objects (like toasters), an idea the hosts find confusing and overly ambitious.
2) Key Quotes:
* "BitReserve allows you to hold USD, pounds, euros, gold, silver, or platinum as easily as you hold Bitcoin."
* "Karma's a bitch, ain't it?" (Referring to the bug found in BitGo's system).
* "21 wants to put a Bitcoin miner in everything. But we all knew that already."
3) People Mentioned:
* Halsey Miner (Former CNET, Grand Central, Google Voice Founder).
* BitReserve.
* BitGo.
* BlockTrail (Bitcoin API provider).
* The company "21."
4) Bitcoin Price:
* Last: 238
* High: 242
* Low: 237