Square allocates one percent of its total assets to Bitcoin

The best crypto and blockchain podcasts of 2019

For anyone who it interested in learning more about investing, crypto, finance, blockchain, and entrepreneurship can checkout this list I made of the top podcasts to follow in 2019 with some selected episodes chosen from each one:

Off The Chain With Anthony Pompliano
Host Anthony Pompliano talks to some of the most respected names in crypto and Wall Street to find out how intelligent investors from the new and old financial system are thinking about digital assets.
Top Episodes:
CZ, Founder and CEO of Binance: Binance and the Future of Global Crypto Regulation
Murad Mahmudov: The Ultimate Bitcoin Argument
Travis Kling: The Secrets of A Crypto Trader

Unchained: Your No-Hype Resource for All Things Crypto
This weekly, hour-long podcast with host Laura Shin dives deep into the people building the decentralized internet, the details of this technology that could underpin our future, and some of the thorniest topics in crypto, such as regulation, security and privacy.
Top Episodes:
Vitalik Buterin, Creator of Ethereum, On The Big Guy vs. The Little Guy
Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators, and Bringing Users Choice
Blockchain 101 with Andreas Antonoloulos

What Grinds My Gears
From Meltem Demirors and Jill Carlson, What Grinds My Gears is a podcast about the bizarre and buzzworthy happenings in the world of cryptocurrency. Each week, they delve into one key theme in crypto, and examine this theme through a broader financial, political, and cultural lens to learn from the past, understand the present, and explore the future.
Top Episodes:
An Unfetted Orgy Of Capitalism
It’s All About The DEX, Baby!
Tarred & Tethered

What Bitcoin Did
Since the birth of Bitcoin in 2009, a new class of Crypto assets built using the innovative design of the blockchain is disrupting technology and financial markets. In this podcast you will hear host Peter McCormack speak with crypto traders, miners, venture capitalist, investors, technical developers, CEOs, journalist and other people driving forward the growth of Bitcoin and other cryptocurrencies.
Link To Listen
Top Episodes:
Andreas Antonopoulos: What Happens When Bitcoin Takes Over?
Peter Van Valkenburg on Lightning & The Law
Tuur Demeester on Why Bitcoin Is In Heavy Accumulation

Untold Stories with Charlie Shrem
Host Charlie Shrem dives deep into the lives and personal histories of some of crypto’s most influential leaders. A focus on personal stories weaves together a nuanced, untold narrative of how the crypto movement truly came to be.
Top Episodes:
J. Maurice “Wiz” — The Real Story of Mt. Gox & How to Become a Self-Sovereign Bitcoin Miner
Arianna Simpson — Why Founders Shouldn’t Think About an Exit & Becoming BitGo’s 3rd Employee
Steven Nerayoff — Crypto as a Disruptive Technology & Governments Debasing Their Own Currencies

Tales From The Crypt
Tales from the Crypt is a podcast hosted by Marty Bent about Bitcoin. Join Marty, Editor in Chief of “the best newsletter in crypto”, as he sits down to discuss Bitcoin with interesting people.
Top Episodes:
Tales from the Crypt: Pierre Rochard Pt. I
Tales from the Crypt #3: Santiago Siri
Tales from the Crypt Ep1: The History of Bitcoin Pt. 1

The Token Daily with Soona Amhaz
Host soona amhaz sits down with the movers and shakers of the crypto industry to discuss the big ideas they spend their days thinking about. Soona and her guests examine everything from industry trends, to what books they’re reading, to human psychology and investing.
Top Episodes:
Taylor Pearson, Author of The End of Jobs: Markets Are Eating the World
Dani Grant, Analyst at Union Square Ventures: The VC Outlook on Crypto’s Trends and Future
Tony Sheng, Independent Analyst: A Writer’s Take on Bitcoin Lore

The Flippening
Flippening is for cryptocurrency investors. Each week host Clay Collins discusses the cryptocurrency economy, new investment strategies for maximizing returns, and stories from the front lines of financial disruption. Flippening is for a new class of investors that were not part of the financial services world before bitcoin, but got into the finance because of their passion for cryptoassets, blockchain, altcoins, and distributed ledger technology.
Top Episodes:
Strategies for Accumulating BTC (Instead of USD) w/ Tuur Demeester from Adamant Capital
The Economics of Cryptoasset Markets w/ Professor Stephen McKeon
Bootstrapping A Crypto Nation State From Scratch, w/ Eric Meltzer of INBlockchain

The Chain Reaction Podcast
Host Tom Shaughnessy of Delphi Digital converses with the top names in crypto and blockchain.
Top Episodes:
ConsenSys’ Joe Lubin: Ethereum’s Competition Isn’t Even Close
Delphi Digital’s March Analyst Call — Ethereum, Enjin and Our Short Term Bitcoin Outlook
Vision Hill Group’s Scott Army: Digital Asset Management of the Future

a16z Podcast
The a16z Podcast discusses tech and culture trends, news, and the future — especially as ‘software eats the world’. It features industry experts, business leaders, and other interesting thinkers and voices from around the world. This podcast is produced by Andreessen Horowitz (aka “a16z”), a Silicon Valley-based venture capital firm.
Top Episodes:
What Time Is It? From Technical to Product to Sales CEO
Principles and Algorithms for Work and Life
Five Open Problems Toward Building a Blockchain Computer

Unconfirmed: Insights and Analysis From the Top Minds in Crypto
Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Disclosure: Laura is a nocoiner.
Top Episodes:
To the Moon and Back With Polychain’s Olaf Carlson-Wee
Don Wilson of DRW Holdings on What’s Been Driving 2018’s Crypto Downturn
Hu Liang of Omniex on What Institutional Players Are Planning to Do in Crypto

The Unhashed Podcast
Unhashed breaks down the latest in Bitcoin news and developments and puts them into terms everyone can understand. Expect to be both entertained and educated about cryptocurrencies and blockchain. How do hardware wallets work and do they really keep you safe? Which crypto exchanges pose the greatest risk to the bitcoin ecosystem? Does Litecoin help or hinder bitcoin development? Expect the answers to these and many other questions from the Unhashed professionals offering different perspectives to all the blockchain issues you care about!
Top Episodes:
The Very Rich, Very Patient Binance Hacker
Bitcoin Goes High Fidelity
Initiating Unhash

The Scoop
The Block’s team, led by Frank Chaparro, draw out the freshest and deepest insights about digital assets from traditional Wall Street, crypto native, Fortune 500 and many other crypto ecosystem leaders. It’s light, fun and informative brain food!
Top Episodes:
A Conversation with Mark Yusko, CEO and CIO of Morgan Creek Capital Management
A Conversation with Stephen Palley, Partner at Anderson Kill
A Conversation with Emilie Choi, VP Business and Data, Coinbase

Base Layer
Base Layer with host David Nage will be providing insights from founders and investors in the base layer of cryptoassets. Simplifying complex projects and the technology being developed, from interoperability to relayers and more — who is building the future, why are they and how are they doing it.
Top Episodes:
Base Layer Episode 028 — Zaki Manian (SkuChain, Cosmos, Tendermint)
Base Layer Episode 026 — Diogo Monica (Co — Founder, Anchorage)
Base Layer Episode 032 — Alexander Skidanov (NEAR)

Blockchain Innovation: Interviewing The Brightest Minds In Blockchain
Blockchain Innovation is where host Frederick Munawa interviews the brightest minds in Blockchain and cryptocurrency — entrepreneurs, executives, and top academics — to discuss present and future applications of Blockchain Technology. Why? To determine how Blockchain can be used to increase profits, cut costs, and disrupt traditional industries and business models — so you can borrow their strategies, tools, and tactics for your own success. Join Frederick every Tuesday to learn how the brightest minds in Blockchain are pushing the envelope with Initial Coin Offerings (ICOs) and token sales, public blockchains, private blockchains, Bitcoin, Ethereum, Hyperledger, smart contracts, and much more.
Top Episodes:
Why Bitcoin Should Hard Fork With Roger Ver
How Blockchain Assets Are Changing The World With Erik Voorhees
Blockchain Meets Artificial Intelligence with Dr. Ben Goertzel

Blockchain Insider
Blockchain Insider, hosted by Simon Taylor and Colin Platt is a dedicated podcast specializing in Bitcoin, Blockchain and distributed ledger technology (DLT). Simon and Colin break down the week’s news with expertise and enthusiasm for the blockchain and digital currency sector. Since the price of Bitcoin has rocketed, and Bitcoin, Ethereum and Litecoin have become household names, Blockchain Insider has charted their rise in a way that’s accessible to new listeners.
Top Episodes:
Ep. 42. Santander Makes Ripples and Charles Hoskinson Shares His Vision of Cardano
Ep. 27. XRP’s Ripple effect and Blockchain use cases
Ep. 43. Sexism in Crypto, Pornhub takes Verge, and Binance Denies the Dollar

Let’s Talk Crypto
Have you ever heard of digital currencies like bitcoin, ethereum, and buzzwords like blockchain, cryptocurrencies and mining? Don’t know what it all means or how to get started? Let’s Talk Crypto with Barry Moore and Tom Galeski breaks it all down in easy to understand terms and helps you “learn and earn” in the age of cryptocurrencies.
Top Episodes:
006: Altcoins
017: Fiat & Crypto
010: Proof of Work vs. Proof of Stake

Blockchain 2025
Blockchain is a technology that will disrupt nearly every industry. Host Matt Aaron and Blake Moore explore one industry in every episode. How will blockchain change art, music, or online advertising? What projects are already underway? Listen & find out.
Top Episodes:
Online Ads — Publishers and Advertisers vs. Centralized Platforms
Music Biz — Can Artists Have More Money + Freedom?
Crypto Debit Cards — A Bridge to the Future? TenX, Monaco, Comit

IBM Blockchain Pulse
Host and blockchain-evangelist Matt Hooper engages with the planet’s most dynamic blockchain thought-leaders, explorers and innovators to discover the countless new ways blockchain is leaping from theory to reality: From entertainment to identity, from payments to secure supply-chain transparency.
Top Episodes:
Making Cross-Border Payments Seamless — IBM Blockchain and Stellar’s Collaboration That is Bringing Commercial Payments to the Financial World
A Blockchain Origin Story and Enabling Complete Ownership With Blockchain
The Future of Protecting Your Wallet and Identity: Blockchain Identity and Digital Credentials, with Adam Gunther and Drummond Reed

Messari’s Unqualified Opinions
Unqualified Opinions is a podcast hosted by Messari’s CEO Ryan Selkis featuring candid, fast-paced interviews with crypto’s top builders and investors.
Top Episodes:
Bill Barhydt, CEO & Founder of Abra
Anthony Pompliano, Founder at Morgan Creek Digital
Unlock Protocol CEO Julien Genestoux
submitted by RndmWrdCombntn to podcasts [link] [comments]

Ethereum Foundation Announces Annual Funding, Next Devcon Location

Ethereum Foundation Announces Annual Funding, Next Devcon Location
The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months, the company’s executive director Aya Miyaguchi revealed at the ConsenSys’ Ethereal Summit on May 10.

In the course of the next year, the Foundation is going to allocate funds for improvement of Ethereum’s performance and security, which includes working on the current proof-of-work (PoW) algorithm of Ethereum 1.x and general core support and development, raising awareness about the altcoin by organizing hackathons, developing relations, and attracting new talent, among other issues.

The Foundation also intends to make a bid for bringing academic involvement in Ethereum, which would purportedly result in attracting top-tier researchers and developers and grants to academic teams and organizations. Miyaguchi said that the company is also looking to also make small investments into high potential.

Regarding specific projects, Miyaguchi revealed that the Foundation has decided to support MolochDAO, an experimental, decentralized system that seeks to provide funding for the Ethereum infrastructure.

Miyaguchi also announced that the next Ethereum Devcon, Devcon 5, will take place in Osaka, Japan from Oct. 8 –11.

Earlier today, the CEO of crypto analytics firm Messari Ryan Selkis forecasted that the Ethereum 2.0 proof-of-stake (PoS) transition will not take place until 2021. Selkis forecasted that the PoW algorithm will be the status quo for “at least two or three years,” while the Ethereum PoS transition will “take a lot longer than anybody appreciates.”

Selkis also pointed out that Ethereum 1.x is “probably pretty good, and maybe even good enough.” The expert elaborated that the algorithm is well-established, having proven itself in the last decade with bitcoin (BTC), as well as ether (ETH) in the last several years.

Trade Bitcoin and other cryptocurrencies with up to 100x leverage. Fast execution, low fees,available only on BitSEVEN.

submitted by Bitcoin_Exchange7 to u/Bitcoin_Exchange7 [link] [comments]

Bitcoin Mining Rig-Maker Holds 'Fire-Sale' After Hash-Rate Collapses Again

Despite the collapse of the cryptocurrency market in 2018, the Bitcoin mining hash rate has positively diverged for most of the year.
However, as we first reported on Nov. 20, a turning point developed from Aug. 27 to Nov. 01 that would ultimately reverse the direction of the hash rate and sparked crypto fears that Bitcoin mining has become unprofitable for many.
According to Autonomous Research LLP. Fundstrat Global Advisors LLC., there is consolidation among miners that perform complex calculations to generate the digital currency after the recent plunge rendered many of them unprofitable. Fundstrat notes that 100,000 individual miners have been shut down in the last several months as mining operations go bust.
“We are entering in the phase when there’s a flushing out of the market,”said Malachi Salcido, head of Wenatchee, Washington-based Salcido Enterprises, which has one of the largest mining operations in North American with 22 megawatts of power deployed and 20 megawatts in development.
“There will be relatively few operations that come out the other side.”

According to Bloomberg, most mining operations are profitable above Bitcoin $4,500. Price has not closed above that level since Nov. 21. This time last year, Bitcoin traded in the $16,000 to almost $20,000 range.

Salcido told Bloomberg that only a few miners could afford to stay in the game. He said margins before costs like depreciation and taxes dropped from about 40% to 20% during the slide in hash rate, but margins jumped back up to 40% as smaller rivals closed shop.
According to Lex Sokolin, the London-based global director of fintech strategy at Autonomous, said the hash rate had collapsed 36% from its peak in August, problem-solving difficulty has dropped about 10%, making it easier for mining rigs that have weathered the storm to earn Bitcoins.
According to the data from Blockchain.com, the difficulty to mine bitcoin and the hash rate has both declined by over 15%, the second biggest drop in Bitcoin's 10-year history. The first plunge occurred in 2011, as the rate plunged 18%.
While that is great news for big miners, the consolidation increases huge risks for traders and HODL community vested in the network’s success. With fewer mining operations, there is a chance that several miners could partner together to execute a so-called 51% attack, according to Ryan Selkis, co-founder of crypto researcher Messari. In such a maneuver, controlling miners can reverse transactions and stop new ones from confirming -- potentially making off with billions in other people’s money.
With millions of mining rigs being deleveraged from the network, we must ask one question: where do old rigs end up?
In short, it seems like many have ended up on eBay:

And worse still, RT reports that the world’s second largest bitcoin mining hardware maker has held a flash sale of its products to “celebrate” the recent crash of the most popular cryptocurrency, while minor players are being squeezed from the market.

The belated Black Friday was announced by Chinese company Canaan Creative, which was behind the first bitcoin mining ASICs, last week. Speaking to CoinDesk, a representative of the firm, Steven Mosher, saidall the company’s miners can be purchased for $200 each until stock depletion.
As crypto prices plunge, Canaan Creative considered the situation as a way of cheering on a new period in the cryptocurrencies development and the right time “to celebrate” being “at a bottom.”
“I’m looking and I see [bitcoin] rebound, it’s up to $4,300 and my thinking was, I’m going to celebrate. Usually if [bitcoin] goes up, we would put prices up. Well, I thought I’m going to try something different,” Mosher told CoinDesk.
Mosher also stressed that it’s a kind of test to see who can do business in the highly volatile market, saying they want “big miners” to stay “committed and hopeful.”
submitted by rotoreuters to zerohedge [link] [comments]

[PLEDGE] Please we need a new foundation - Today we start anew

Time to hard fork the foundation.
The current one is corrupt and must be terminated. They get rid of Mark stubbornly and now add an accused pedophile rapist and a guy from LITECOIN whos brother profited from his Chinese Bitcoin exchange by manipulating it.
The foundation has no authority and we should not recognize them. Can we please start a new one with good CLEAN people? I nominate the following and I will even donate:
CEO of Gyft
Bitpay CEO (though he's accused of being a pedophile also so maybe not)
Ryan Selkis two bit idiot
Andreas (though he too has been dirtied by neo bee)
Can someone get their attention and maybe we can pledge donations. I pledge 0.25 btc for now.
I am so sick and tired of their secrecy, corruption, controversies, fraud and scandals.
I'd like to call the new group, Two Bit Foundation
submitted by goodm0rning to Bitcoin [link] [comments]

Thoughts on the new Coinbase iOS App

I love Coinbase, and I've been waiting for the app back. Usually, having a developer who's not part of your company make an app is not a big deal, however for a financial services company it is.
After sleeping on it, I decided to delete the Coinbase app off of my iPhone. A few reasons why-
  1. As you can imagine I'm very concerned about my privacy and security. I've signed a Terms of Service agreement with Coinbase and not this developer. As soon as I logged into this app, Coinbase emailed me asking to authorize the app. At this point, I'm unsure what information is now being shared with this developer, but I cannot take that risk.
  2. Again, I don't think Coinbase nor this developer is malicious, but how can we be sure? In a tweet from Coinbase they've said: "We reached out to the dev to review the code and believe it is secure" This is not very reassuring at all. In fact, it leads me to believe that they didn't even know the app existed until after it launched. Coinbase has very very strict security measures in place, they even outline it here. We know who has access to what, and what they know. Coinbase prides themselves on this, as they should, they are an awesome company. However, do we know the security setup of this developer? Is he writing all of this code on a macbook he carries around with him? Is he working from a basement or a coworking office? Who has access to this computer? A sister or friend? What if someone clicks on a malware link?
  3. Worse, what if someone gains access to his developers account? All it takes is adding some malicious code and my iPhone updates the app automatically.
EDIT: Ryan Selkis has a pretty good explanation on his TBI Daily blog today. and basically thinks that "Andrew Vilcsak, the app’s developer, worked with Coinbase CEO Brian Armstrong on Airbnb’s early fraud detection algorithms." and "Apple makes it easier for small devs to push through apps than larger companies in many cases." His theory:
Armstrong and Vilcsak are tight and I’ll bet you a bitcoin he joins Coinbase full-time in the coming months. This might have even been negotiated already, so that Coinbase is ready to “acquire” any IP he has built related to the new app. Coinbase can test out an open-source API without really taking a big gamble. It projects the image to Apple that it isn’t touching this independent developer’s API to circumvent some legal hoops. In weeks, Coinbase gets to make a nice big announcement that they have this new sexy hire from Airbnb’s mobile engineering team. Everyone on bitcoin remembers Coinbase isn’t run by junior varsity lunatics that ignore advice from their rockstar board advisors and directors.
I think his theory is tight, and very likely.
So what next?
I think Coinbase has a few options here. First of all, unless they've given this developer specific permission this is a trademark violation (not saying I believe in the current copyright law, just saying it is in violation of it)
  1. They can ask Apple to pull the app, like BitPay is trying to do. and launch their own official app.
  2. They can simply buy the app, thoroughly review the code, hire the developer and relaunch the app under their own Apple Developer Account. If this developer got his accepted into the App Store, I have no doubt Coinbase can as well.
If you decide to delete the iPhone app, make sure you also revoke its access in the Applications page
I really hope I'm wrong and this app comes back soon
As always, thanks Coinbase for your hard work!
submitted by Bitcoin_Charlie to Bitcoin [link] [comments]

Who is Ryan Galt? The Devil You Know

What's up, Idiots?
I'd be lying to you if I said that I wasn't having fun these past few days playing detective, pushing the envelope, and ultimately getting vindicated left and right.
While my initial posts about the corruption at Mt. Gox showcased me at my most genuinely pessimistic and disappointed state (I still stand by my words), defending my story and putting my balls on the table over several sleepless nights has fortified me. I'm a natural born contrarian - an in-your-face fighter in a fight or flight society, and I honestly do not give a flying pig (my little cousin reads these now) about naive and sub-standard critics.
I will take on all comers and continue to dig in on this story until the facts are laid out for all to see.
Whether people misinterpret this hardheadedness for self-adulation, my "kindofa" dick nature (I love that conjunction by the way), or fear-mongering to promote my own ventures (utterly laughable to anyone with a single degree of business acumen), I know the truth. My intentions are pure, bad people are messing with an industry that I believe in philosophically, economically and morally, and a prolonged public circus will do significantly more harm than a ruthless and unapologetic crackdown on any actors who intended to deceive the unwitting.
To the extent that I can play the gym class hero "journalist" who somehow surgically contains the Mt. Gox cancer, I'll sleep with a clean conscience.
I have never once claimed that I have all the answers or that I am infallible, but I am more than directionally correct. The documents which I published from my reliable sources were confirmed to be authentic. The numbers were correct. The authors were representatives of Mt. Gox. The language in the documents pointed to an attempted criminal conspiracy to defraud Mt. Gox stakeholders. And sources which will be revealed as soon as legally feasible will demonstrate the veracity of my story.
Those who think that I am profiting from this travesty when it comes to my startups aren't really paying attention. The New York Times, Wall Street Journal, Fortune and others have expressed interest in talking to me about my start-up Inscrypto, and I have declined due to my hesitance to expose that entity to a scandal or conflict of interest. Believe me or not, it doesn't matter.
Still, in keeping with my "kindofa" dick nature, I'd like to remind people that I worked in VC before becoming an entrepreneur. A cursory glance at the average income of journalists vs. financiers will expose as imbecilic any theory that I am writing to build a brand as a serious journalist because it will serve me well economically. My end game is as an entrepreneur, and my leaks threatened the medium-term viability of my ventures. Period.
Here's the thing, though: I'm fine playing the devil. At least I'm the devil you know.
Some have lambasted me (often with the benefit of anonymity) for being a mouthpiece for entities that I vouched for yesterday. The truth is that I have chilled otherwise warm relationships I fostered over many months because I admittedly pressured people to make statements that would distance themselves from Mt. Gox. I did so because I believed that a forceful denunciation from say, the Bitcoin Foundation, was more important than a continuation of a cozy relationship with any of their temporary directors.
When it comes to media, the truth is, no one willing to speak on the record is going to get a fairer voice than mine.
A New York Times writer had the audacity yesterday to attempt to guilt me into a quote after she had initially written about me as "Ryan Galt" (let me google that for you…) and didn't even know what the Bitlicense hearings were! I kid you not. Then she somehow seemed surprised when I wouldn't continue the conversation after she tipped her hand as one looking to write solely about the "victims" of the Mt. Gox demise.
Likewise, the Wall Street Journal, which has quoted me extensively, tends to do so only when it is out of context and at my most raw. Or said another way, when my quotes sound most incendiary and sensationalist. (This says nothing of the outright infidelity to actual tone of an interview. Read: Erik "Veerhoos".)
Your PR firms might want TechCrunch to cover your product release, but you can bet your ass they would prefer someone like me touch your statements on Mt. Gox before a MSM publication.
I write this with a blatant tone of anger and incredulity for the benefit of both critics and supporters.
For the critics, you ain't seen nothing yet.
More importantly, for my supporters who have sent me encouraging notes and kudos, please recognize that I will not be backing down any time soon. Thank you for appreciating my authenticity (idiocy) and brazen outspokenness (two-bit-ness). I'll continue to do what I can to earn your eyeballs and respect by continuing to bang down doors and answer questions about the largest existential crisis that Bitcoin has publicly faced to date. Yes, I'm tripling down on that "existential" word.
Because apparently it takes a two-bit idiot to do a man's job. You're welcome.
Cheers, TBI / Ryan fucking Selkis
submitted by twobitidiot to Bitcoin [link] [comments]

Open Letter to Peter Vessenes and Jon Matonis to Resign their Board Seats

Dear Peter and Jon:
I have been outspoken with my criticisms of you and your leadership of the Bitcoin Foundation over the past several weeks. I encourage you both to do what is in the best interest of the industry and announce your resignations as board directors effective at the end of April (to coincide for already planned elections). Furthermore, I hope you will assist with a transition process that ushers in a new era of leadership to the Bitcoin Foundation.
You should both be applauded for your vision and early leadership of the Foundation. To date, you have helped make the Bitcoin Foundation the mouthpiece of the industry, responding swiftly to naive attacks from industry skeptics, and capitalizing on opportunities to represent Bitcoin publicly at events such as the Senate Bitcoin hearings and NYDFS BitLicense hearings.
However, subsequent failures in the past year have rendered it necessary for both of you gentlemen to remove yourselves from the board of directors. Your previous successes now expose the Foundation, the de facto leader of the entire industry, to continued scandal given your managerial oversights. For better or for worse, the Bitcoin Foundation now counts among its members nearly all of the blue-chip ventures in the industry, and I fear those sponsors will be tarnished with "guilt by association" as some of your oversights come fully to light.
Only a swift and thorough overhaul of the Foundation's leadership can preserve Bitcoin's image with regulators, legislators and the general public. And your resignations will allow the Bitcoin Foundation members to elect the majority of a new board (four of seven seats) this April, including a new Chairman. Furthermore, this new board will have the ability to decide whether it is appropriate for Jon to remain as Executive Director in the months or years to come.
I believe that the announcement of these resignations must be immediate given the damning evidence of negligence and managerial incompetence in the months leading up to the Mt. Gox bankruptcy and the clandestine initiative this board has taken in recent months to move the Foundation's headquarters overseas.
On Monday, I plan to release a full expose of the failures of the Bitcoin Foundation's leadership, including:
1) The Foundation never once warned Bitcoin investors about keeping deposits in Mt. Gox, despite clear red flags dating back to at least April 2013. Nor did the Foundation craft or advocate for best practices such as technical transparency, deposit audits, or appropriate consumer protection disclosures.
2) Some Foundation board members may have had direct access to Mark Karpeles which allowed them to personally deposit and withdraw funds from Mt. Gox, despite persistent delays for other customers.
3) There is a troubling and inappropriate overlap between Peter's staff at his private company, CoinLab, and the Bitcoin Foundation's staff, which goes far beyond shared office space.
4) The current leadership has shown a stunning disregard for proper communications with its members. The importance of immediate resignations (rather than gradual) is highlighted by the Board's secret plans to move the Foundation's headquarters to London without input from members and sponsors.
5) Peter has had a nine month conflict of interest regarding Mt. Gox given that his company CoinLab was involved in an active multi-million dollar lawsuit against Karpeles and Mt. Gox, following a failed partnership. Both men remained on the board of directors, and the Foundation failed to draft adequate by-laws that would allow them to address situations such as this where directors had material conflicts, which would compromise their ability to act in the best interests of its members.
I hope that other individual and corporate members will join me in co-signing this open letter to encourage Peter and Jon to step down gracefully from their posts. In this way, we as a community can demonstrate our ability and willingness to self-police, demand accountability, and hold ourselves to a high standard of integrity.
Sincerely, Ryan Selkis
Lifetime Member of the Bitcoin Foundation & Bitcoin entrepreneur
submitted by twobitidiot to Bitcoin [link] [comments]

Ryan Selkis  Building a Decentralized Bloomberg Using ... BITCOIN (BTC) BREACHING ‘THIS LEVEL’ WILL TRIGGER MARKET FIREWORKS  $3B in Stablecoins Ready To Go Bitcoin Halving 2020 - What will happen to the price ... Crypto Leaders Clash in New Bitcoin Documentary  Interview With Award-Winning Filmmaker Ryan Selkis - Founder of Messari: Building Accountability in Crypto

Here’s why some analysts view PayPal’s crypto news as a “nothingburger” PayPal made waves in the crypto market today after announcing that its users will now have the ability to buy, sell, and pay for items using digital assets like Bitcoin and Ethereum. Cole Petersen · 1 day ago · 2 min read. Traders warn about Ethereum and DeFi tokens as momentum dwindles against Bitcoin. In the ... News.Bitcoin.com spoke to a number of experts in a bid to ascertain why Asia is big on blockchain. Unpacking the East’s Blockchain Obsession “Asia loves blockchain because the technology is ... The crypto industry has largely viewed the news as extremely bullish, sending the price of bitcoin above $13,000. Virgin Galactic chairman Chamath Palihapitiya tweeted in response to the Paypal news Wednesday: After Paypal’s news, every major bank is having a meeting about how to support bitcoin. It’s no longer optional. He believes however that the value of bitcoin in the nearest future isn’t measured in the thousands or millions. Responding to CEO Ryan Selkis, co-founder of EOS and CEO of Block.one, Brendan Blumer, is of the opinion that BTC is on a pathway toward $250,000 irrespective of what happens in the traditional markets. Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin ...

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Ryan Selkis Building a Decentralized Bloomberg Using ...

Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community. License Subscribe to Hidden Forces here: http://www.hiddenforces.io In Episode 55 of Hidden Forces, Demetri Kofinas speaks with Ryan Selkis about how his company, Me... Ryan Selkis is the founder of Messari, an open data library and curation tool that helps researchers, investors, and regulators make sense of the crypto industry. In this conversation, Selkis and ... Bitcoin seems to be stuck between a rock and a hard place, with any move below $6,700 being bid heavily and $7,300-$7,400 failing to crack due to that zone’s historical importance to the market. What will happen to the price of Bitcoin with the Bitcoin Halving coming up? Ryan Selkis, CEO of Messari shares his thoughts with BlockFi's CEO Zac Prince. L...