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Unhashed Podcast - One Night in Laser Eyes

Published on April 18th, 2021 by BTCMedia

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On this episode of the Unhashed Podcast, it's tabloid time! To help detox from Ruben and Eric Wall's technical deep dive last week, we take things easy by chatting about the latest cryptocurrency news from Snoop Dog, Paris Hilton, and John McAfee. We do get back to bitcoin again to talk tainted coins, the sale of bitcoindotcom, what constitutes a double-spend, the future relevancy of "not your keys, not your coins", and details about hashrate and mining.
  1. As a serial money maker, Snoop Dogg has always been at the forefront of technology. Right now, in 2021, for Snoop, that means riding the NFT wave. He also let slip that Bitcoin is something he believes in, adding that the future is unfolding before us right now. “People will ‘get’ NFTs with time”, says Snoop. Snoop commented that the NFT craze exploded onto the scene, seemingly coming from nowhere. Although many people just don’t get it, he’s confident that this will change with time. Part of the reason why he is excited is that NFTs are shaking up the music industry. More so, in terms of how artists and creators connect with their fanbase, which is something Snoop is excited about. “There are still a lot of people out there who don’t know about it, or just don’t get it. They will though. It’s a big moment and a big technology that is changing the way artists do business and connect with our fans. I am excited about it, ya dig?” – https://cryptoslate.com/snoop-dogg-on-nfts-and-bitcoin-says-hes-a-believer/

  2. Speaking of Celebrities, none other than Paris Hilton has come out of the no-coiner closet. In her usual linguistic eloquence, She is “very, very excited” about bitcoin because “it is the future”.

  3. ARStechnica is reporting that Federal prosecutors have indicted noted cybersecurity eccentric John McAfee for securities and wire fraud for misleading investors at the peak of the last cryptocurrency boom. In late 2017 and early 2018, McAfee urged his hundreds of thousands of Twitter followers to invest in a number of obscure cryptocurrencies. Prosecutors say he failed to disclose his own financial stake in those tokens—and in some cases outright lied about it. McAfee engaged in two types of illegal schemes. In one, he would buy an obscure cryptocurrency, talk it up on Twitter, and then unload it at a higher price. In other cases, he would agree to hype up a new cryptocurrency sale on Twitter in exchange for a cut of the proceeds. Buying and promoting cryptocurrencies isn't necessarily illegal on its own. The problem, prosecutors say, is that McAfee tried to boost the effectiveness of his endorsements by falsely claiming that he had no financial stake in his recommendation. The government says that made his actions a violation of federal fraud statutes. On Twitter, someone asked him if he got paid to promote tokens like SETHER. ""I do not,"" he responded. ""I merely sift through the mass [of] tokens to find the gems and share them."" Though he did claim that he had ""been advising them on cyber security."" The same day, McAfee wrote privately to SETHER's founder: ""For the next few weeks, take my name off your site,"" he suggested. ""I want to be able to leverage my Twitter with people assuming I have no relationship with you. Removing my name now will add at least a million dollars to your sale."" In total, federal prosecutors say that McAfee earned more than $13 million through misleading cryptocurrency promotional schemes. – https://arstechnica.com/tech-policy/2021/03/feds-indict-john-mcafee-for-cryptocurrency-pump-and-dump-fraud/

  4. Get clean taint free BTC fresh from the source, the US Government that is! The US General Services Administration just auctioned off 0.7501 BTC for a 21% premium to market. GSA auctions are open to the public, but most require bidders to pre-register and post some kind of deposit prior to bidding. The lot of 0.7501 BTC was much smaller than other government auctions which could explain the premium.

  5. For all you wanna be website owners, Bitcoin.com is for sale for $100M. – https://www.godaddy.com/domainsearch/find?checkAvail=1&domainToCheck=bitcoin.com

  6. Friend of the show MikeInSpace has a blog post on PrivacyPros.io walking through his efforts to construct a DoubleSpend transaction and get it into the hands of a mining pool. Mike had fallen victim to a telegram scammer posing as someone running an auction he had one. Mayhem ensues. – https://privacypros.io/crypto-scams/social-engineering/

  7. Listener question: The saying not your keys, not your coins is a popular message to educate people on crypt ownership and very important to understand for the reasons we all know. Do you think at some point, without forgetting that lesson, that we should start moving away from that message

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