Pot Cards and Giveaway
http://www.potcoin.com/
Its in the Mail
http://www.thecannabist.co/2015/05/26/oregon-mailing-marijuana/35295/
Guilty idiot
http://www.thecannabist.co/2015/05/12/mailing-pot-colorado-man-guilty-castle-rock/34802/
Size Matters
http://cointelegraph.com/news/114426/andresen-wil...
This episode covers updates on Potcoin, legal developments regarding cannabis, and the highly technical debate surrounding Bitcoin's future scalability.
Main Topics Discussed:
- Potcoin Status: The coin experienced a rough month but saw a small uptrend following a large buy order on BitRex. Pot cards are available for purchase via PayPal or Bitcoin, simplifying fiat-to-crypto transactions for newcomers.
- Potlabs Giveaway: Potlabs is hosting a large giveaway of 250,000 Potcoins to three lucky winners.
- Legal Precedent: The episode discusses a ruling in Oregon limiting police and postal inspectors' authority to intercept packages based on mere suspicion.
- Bitcoin Scalability Debate: The core focus is on the need for larger block sizes for Bitcoin. Gavin Andreessen advocates for massive, automatic annual increases (up to 40%), suggesting a potential fork to solve the current 1MB limit, which is deemed too small for mainstream adoption.
Key Quotes:
- "The moral of the story is never plead guilty." (Referring to the legal cases.)
- "If Bitcoin forks, Andreessen is already planning on lobbying most of the main players in the Bitcoin space..."
- "Using Bitcoin needs to be easier, not more complicated."
People Mentioned:
- Gavin Andreessen (Lead developer of Bitcoin)
- Mike Hurn
Bitcoin Price:
Not mentioned.