This episode, broadcast on August 2, 2015, primarily discusses the technical instability of the PotCoin ecosystem while covering two major topics: the potential disruption of cannabis sales via drone technology and the arrest of a prominent Bitcoin figure.
Summary:
The host reports on ongoing technical difficulties with the PotCoin network, noting that wallet updates and exchange integrations (like Cripsy and ShapeShift) are buggy and require advanced user knowledge. Users are advised to exercise extreme caution and only transact small amounts during this transitional period.
The discussion shifts to "Trees," a startup proposing drone delivery of pot paid for with Bitcoin. The host argues that this model is inherently anti-state, as it bypasses the need for physical dispensaries, large capital, and state oversight, thereby "destroying" the current controlled market.
Finally, the episode reports on the arrest of Mark Carpellis by Japanese police. The arrest is linked to suspicions of fraud regarding missing bitcoins, providing some accountability for the 127,000 people he owes money to.
Extraction:
1) Main Topics Discussed:
* PotCoin network instability and technical difficulties (wallet updates, exchange bugs).
* The feasibility and anti-state implications of drone delivery for cannabis (Trees).
* The arrest of Mark Carpellis by Japanese police regarding missing bitcoins.
2) Key Quotes:
* "A step like this is too much for non-technical users."
* "The drone delivery model destroys all of that."
* "He's in custody and being held accountable to the 127,000 people that he owes money to."
3) People Mentioned:
* Marshall Hainer (Founder of Trees).
* Mark Carpellis.
4) Bitcoin Price:
* No specific Bitcoin price is mentioned, only that the host tested transactions of "less than a dollar's worth at the time."