Bitcoin news for the week of Apr 28th with your hosts @theonevortex, @gabrieldvine, @youmeandbtc and @btcartgallery.
Shows are every other monday at 8pm pst on blab.im/theonevortex
UPDATE1 Apologies, blab.im seems to have cut the show off short at 1:30 and does not seem to be able to retrieve t...
## Bitcoin News #16 (2016-04-13) - Summary
This WCN episode, "Bitcoin News #16," heavily critiques the rise of private blockchains, particularly R3's Corda platform, and expresses concern for Patrick Byrne. The episode draws parallels between private blockchains and early attempts at private internets/intranets, dismissing them as "vaporware" and ultimately unhelpful compared to Bitcoin's decentralized nature.
Main Topics:
- R3's Corda platform and private blockchain initiatives
- Comparison of private blockchains to intranets and early private internet attempts
- Criticism of banks' claims and statistics regarding private blockchains
- Discussion of Liquid, an off-chain Bitcoin transfer solution
- Concerns and speculation surrounding Patrick Byrne's hospitalization
Key Quotes:
- "R3's efforts...are essentially vaporware." (Host, expressing skepticism)
- Gabriel (in a Coindesk interview) admitted R3 found the core blockchain technology "largely unhelpful."
- Panelists expressed concern that Byrne's blockchain project challenged Wall Street's settlement networks, suggesting potential foul play in his hospitalization.
People Mentioned:
- Dustin (BTC Art Gallery)
- Daniel (You and Me BTC)
- Gabriel
- Andrea Sentinone
- Patrick Bernhardt (Overstock CEO)
- Patrick Byrne (Overstock Founder)
Bitcoin Price: Not explicitly mentioned.
The episode concludes with well wishes for Patrick Byrne, acknowledging his significant role in Bitcoin's early adoption and expressing suspicion regarding the circumstances of his medical leave.