“Last Week in Five” is a video project whose sole purpose is to present you the articles published on CryptoInsider.com throughout the last week, and do it in an easily comprehensive and entertaining way. If you miss our content throughout the week, you can just take a look at this video recap, find out about the topics our content writers have tackled, and then choose what it is that you want to read. In this flood of information, we’re bringing you the best of the best, and further allow you to choose how you want to spend your reading time.
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Crypto Insider’s “Last Week in Five” Episode One Transcript:
Hi, this is Vlad and you’re watching Crypto Insider’s „Last Week in Five” – the show where you get to find out what’s been published on Crypto Insider’s website in the last week… and it takes 5 minutes.
Today’s sponsor is Bitcoin – the project that made it all happen, but doesn’t pay. Just ask Brian Armstrong.
1. First of all, we have an article by this handsome guy named Vlad. It’s called „Litecoin: The Good, The Bad, The FUD” and compresses the most important events that happened to Litecoin during the last year.
From the German bank deal, to Lightning developments, and Charlie Lee’s decision to sell all of his coins – it’s all there and available to you to read by clicking this link.
2. Secondly, it’s time to ask the real questions – What would Plato think about Bitcoin? We’re talking about one of the greatest minds in history contemplating on the most revolutionary discovery of the last decade.
What are the conclusions? Plato would love it because the Bitcoin governance is very much like his concept of philosopher-kings – where the coders and developers are philosophers, the miners are guardians, and the traders are the good old working class who make it all function. Read more about it by clicking the link.
3. If you watch “Mastering Bitcoin on Netflix”, you will see how early Bitcoin adapters were very much against banks. A few years later, we see the price crash and the community express outrage when another ETF gets rejected.
What happened? Check out “On the Fading Ideals of Cryptocurrency Enthusiasts”!
4. Benjamin Pirus outlines the debate which took place between Roger Ver and Tone Vays. It’s about a classic ideological clash between proponents of Austrian economics and fans of John Maynard Keynes… or maybe just a battle of greed and self-interest.
Either way, Roger Ver has made a 1 million dollar bet that Bitcoin Cash (or Bcash) would outclass Bitcoin (or Bitcoin Core) in 10 years. Read the article here!
5. Benjamin also covered the news about the new Bitmain ASIC, which promises 7 nanometers technology, lower energy consumption, and more hashing power than ever. This is most definitely a strategic move by Jihan & co, as this announcement strengthens their position before the going public with the company.
6. Amrit Mirchandani talks about Onegram and its compliance with Sharia law. Unlike Bitcoin, this cryptocurrency project promises to be entirely backed by real gold supplies. Also, the company has committed to respecting the Muslim religious communities of the world by offering a form of money which is compliant to their customs. Read more about it in the article!
7. What’s going on with Bitcoin Cash? That’s a legitimate question which Cristopher Booth tries to answer. He refers to merchants and consumers, miners, development, and how close this coin is to mainstream adoption. Spoiler alert: it’s pretty far. You may read the article here.
8. Fungibility, liquidity, and decentralized exchanges. That’s another article by this handsome guy right here and it basically outlines some basic ideas about why we need to develop more and more efficient decentralized exchanges. It doesn’t matter if the dollar in your pocket once belonged to Pablo Escobar or Brad Pitt, but when you have Bitcoins which were held in Silk Road wallets, you might have an issue. That’s something we must fix.
9. “Why the Blockchain Space Needs Good Journalism” – this is pretty self-explanatory, but still necessary as a reminder.
10. How Blockchain Companies Can Build Communities and E-Mail Campaigns. Tldr: build a narrative, stick to it, be sincere and loyal to your community.
11. Bitcoin mining and power use – our OG from Tennessee Blakely Jones explains how banks consume so much more energy than Bitcoin, and while the former is stagnating, the latter is finding greener sources that are exploited more efficiently.
12. Are Cryptocurrencies inevitable? Usman Javed presents a short history of money and innovations made in transactions. From checks to credit cards, ATMs and the invention of digital cash, we’re taken on a journey of mercantile discovery.
13. Riccardo “Fluffy Pony” Spagni talks to yours truly in an exclusive interview for Crypto Insider. Throughout 30 minutes, you’ll learn why he thinks he’s like Spider-Man, how he would explain Monero to a child, and why he considers himself a builder.
14. Decentralized exchanges! Are they critical for the future of digital assets? Our writer Mohammad Edaibat explains why centralized exchanges are terrible and what we need in order to decentralize.
15. Benjamin Pirus talks about the seizure of 1Broker.com and its impact on sister website 1Fox. The situation is nasty and involves the feds and a lot of uncertainty, and it’s gonna be interesting to see how it all plays out.
16. Benjamin Pirus’ Daily Crypto Roundups.
Thank you for turning in and I’ll see you next week!