Bitcoin Napkin Math: BTC = $821,105 (try this yourself)
On today’s episode of The Cryptoverse… How To Multiply Your BTC Holdings 1:17 US Debt 2:19 Chinese Debt 3:25 M1 Money Supply 4:02 $821,000 BTC 6:52 $33m BTC 9:02
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In this episode of The Cryptoverse LIVE we'll discuss the events of the past week and also bring some attention to the massive rise in the Bitcoin Cash price and the hard fork that is happening tomorrow.
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On today's episode of The Cryptoverse:
Bitcoin's "most professional mining pool" has become its most controversial.
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Sources:
[The Original Article On CoinDesk](http://www.coindesk.com/viabtc-mystery-miner-bitcoin-scaling-future/)
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Here's an interview segment from the New Kids On The Blockchain show this week. Ash and I spoke about the current state of DeFi and whether this will be a boom similar to the 2016 / 2017 boom in ICOs.
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Today I would like to revisit one of the most obvious use cases for a cryptocurrency like Bitcoin and that is global remittances. I walk through an example of me wanting to send £500 from the UK to a friend of mine in India. I compare using Western Union to using the Bitcoin network to accomplish the same thing.
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https://www.westernunion.com
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**On Today's Episode Of The Cryptoverse:**
How do we keep everyone happy to ensure that publishers get their money and users are not bothered by tiresome ads? One may say that it is not possible. However, the guys from ADZbuzz proudly present their solution.
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Today's episode is sponsored by Dash, the privacy focused digital currency that offers transactions with instant confirmations. It’s unique decentralised decision making and self funding system make it an ideal choice as a stable and secure digital cash. [Click here to learn more](http://bit.ly/2f99G7b)
**Sources:**
[Cryptocurrency Prices Provided by CoinMarketCap.com](http://coinmarketcap.com/)
[The Bitcoin Price Chart](https://bitcoinwisdom.com/markets/bitstamp/btcusd)
[The Original Article on Cointelegraph](https://cointelegraph.com/news/in-ad-blockinganti-blocking-chase-redistributing-rewards-can-make-customers-and-advertisers-happy)
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On today’s episode of The Cryptoverse…
Here are the top 7 crypto news stories for today in the quick fire roundup format.
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The Poloniex Crypto Exchange Have Announced They Are Going To Remove Lending And Margin Trading For US Customers
https://blog.circle.com/2018/10/03/poloniex-to-remove-margin-and-lending-products-for-us-based-customers/
Bitcoin Startup Acinq Raises $1.7 Million to Double Down on Lightning Network Development
https://www.coindesk.com/bitcoin-acinq-raises-1-7-million-lightning/
Venezuela Makes History As President Maduro goes on TV and announces that the Petro Is To Official Become A National Currency
https://news.bitcoin.com/venezuela-petro-new-whitepaper/
Gemini Exchange Secures Insurance Coverage for Digital Assets
https://bitsonline.com/gemini-exchange-secures-insurance/
A Quick Reminder That Ethereum’s Constantinople Hard Fork Hits the Testnet Next Week
https://nulltx.com/ethereums-constantinople-hard-fork-hits-the-testnet-next-week/
Despite The Ongoing Bear Market Coinbase Continues To Add 25,000 New Customers Per Day
https://bitsonline.com/coinbase-25-million-users/
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https://www.youtube.com/watch?v=gpAi4gTBr-U
This video is an open enquiry. I'm seeking input to aid my understanding. I'll share my point of view and I then invite your contribution to the discussion. My job is just to point out what I see to start the discussion with the intention of getting at the truth.
1. The process for making changes to EOS
a. someone submits a proposal
b. token holders vote on it, 15% min participation
c. if vote passes block producers have to implement it
d. eosio system required 15 out of top 21 block producers to approve the change so the network stays in consensus (each block producer signals that they are ready to move to the new rule)
2. There is a proposal to change the constitution for the EOS user agreement
a. never mind the content today, there is something more fundamental here
3. Why are block producers starting to aprove this?
a. is this preparation in case the vote turns out yes? then the change could be made immediately?
b. that approach doesn't make sense to me since the top 21 block producers change all the time
c. meaning the only viable option in my mind is to wait until a vote is passed before block producers start approving
4. What I'm most concerned about is the optics of this. EOS is already a very sensistive topic.
a. there are a lot of people out there on hyper alert for anything they can grab onto which can be spun negatively
b. this situation is ripe for that
c. what would be great is if the top 21 block producers could comment on this and say why they are signalling their approval before the vote is complete, that would really help clarify thing
5. Over to you. Checkout the website to check out everything else I have to offer. https://www.thecryptoverse.show
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Some of the most recognizable leaders in the blockchain industry have agreed to participate in a newly launched advisory panel organized by the Monetary Authority of Singapore (MAS).
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Original article:
http://www.coindesk.com/singapore-central-bank-blockchain-ceos/
https://cointelegraph.com/news/kim-dotcom-explains-how-megaupload-20-will-take-bitcoin-to-the-moon
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I will be returning to CoinFest UK 2019 as the MC. It's a great event and is free to attend. Love to see you there https://coinfestuk.org/CF2019/ No this is not a sponsored video, it doesn't even have YouTube ads turned on.
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