Today in Bitcoin (2018-04-01) - Mass Bitcoin Adoption is happening in Las Vegas

Here's a summary of the "Today in Bitcoin" podcast transcript from April 1, 2018:

1. Narrative Summary:

This episode of "Today in Bitcoin" focuses on the burgeoning adoption of Bitcoin in Las Vegas. The podcast highlights several examples of Bitcoin’s increasing acceptance and integration into the city's economy, from a casino installing Bitcoin ATMs to adult entertainment venues and art galleries accepting the cryptocurrency. The enthusiasm stems from Bitcoin’s ability to bypass traditional financial institutions, particularly beneficial for businesses facing challenges with banking services. The episode also covers a new, Southeast Asian-themed attraction, "Kind Heaven," planned for Las Vegas, which will utilize digital currencies and even incorporate a betting system with virtual monkeys. Finally, the podcast notes that Nevada residents are showing a strong interest in self-custody cryptocurrency wallets, further demonstrating the state's independent and libertarian spirit.

2. Main Topics Discussed:

• Bitcoin Adoption in Las Vegas: The primary focus, showcasing various businesses accepting Bitcoin.
• Bitcoin ATMs: The D hotel casino's Bitcoin ATM and Mike Tyson's branded ATM (though the latter was from 2015).
• Adult Entertainment and Bitcoin: The use of QR code tattoos for Bitcoin payments in the adult entertainment industry.
• Art and Bitcoin: The Elena Boltova Gallery accepting Bitcoin for art purchases.
• "Kind Heaven" Attraction: A new attraction incorporating digital currencies and unique experiences.
• Bitcoin Mining in Nevada: C4 Mining setting up specialized mining containers in southern Nevada.
• Ledger Wallet Popularity: Nevada's high purchase rate of Ledger cryptocurrency wallets.
• Nevada's Independent Spirit: Connecting Bitcoin adoption to Nevada's libertarian culture.

3. Key Quotes:

• "The damn machine was getting full, and it holds $80,000 worth, and it’s getting full every couple of days." - Derek Stevens, owner of the D hotel.
• "There are certain banks that will shut down your account and actually deny you from having an account because you work in the adult entertainment industry." - Summer Chase, adult entertainment professional.
• "Accepting digital currencies is a great way to market to young people and international tourists." - Carrie Grenat, CEO of Immersive Artistry.
• "I'd buy that for a dollar or maybe even 100 million if you'd take Bitcoin." - Thomas Hunt, podcast host.

4. People Mentioned:

• Thomas Hunt: Host of "Today in Bitcoin."
• Derek Stevens: Owner of the D hotel and casino.
• Summer Chase: Adult entertainment professional.
• Carrie Grenat: CEO of Immersive Artistry.
• Mike Tyson: Boxer and former Bitcoin ATM promoter.

5. Bitcoin Price:

• Price at the start of the episode: $6,707
• 24-hour change: Down 1.46%
• High: $7,168
• Low: $6,472
• 200-day moving average: $9,387