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Unhashed Podcast - Tickle Me Softly

Published on April 20th, 2021 by BTCMedia

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On this episode of the Unhashed Podcast, the whole gang is together again to talk about “China unbans bitcoin!”, the weekend flash crash, Coinbase execs selling into the IPO, Signal’s MobileCoin, Xinjiang power blackout affecting mining, and when it is and is not OK to tickle people.

  1. From Ban Hammer to inclusive fluffer, the Chinese government has now labeled bitcoin as an “investment alternative” CNBC reports. “We regard Bitcoin and stablecoin as crypto assets ... These are investment alternatives,” Li Bo, deputy governor of the PBOC. “They are not currency per se. And so the main role we see for crypto assets going forward, the main role is investment alternative.” Has Bitcoin gotten the CCP to throw in the white towel? – https://www.cnbc.com/2021/04/19/china-calls-bitcoin-an-investment-alternative-marking-shift-in-tone.html

  2. Bitcoin is Crashing! BTC dropped $8,000 on Sunday but quickly recovered. While we try very hard not to talk about the price on the show, there has been MUCH less of this type of activity this bull run compared to 2017. What do we think could be the difference and will we see more or less of this type of volatility going forward?

  3. Coinbase went public last week with a market cap of around $86 Billion. (Congrats Coinbase.) Did “insiders” “dump” billions of dollars worth on unsuspecting simps? –https://twitter.com/fintechfrank/status/1384009278667689987?s=21

  4. Signal integrated their own altcoin in their messaging app: “We want payments in Signal to be fast, private, and work well on mobile devices. The first payments protocol we’ve added support for is a privacy focused payments network called MobileCoin, which has its own currency, MOB. Signal Payments makes it easy to link a MobileCoin wallet to Signal so you can start sending funds to friends and family, receive funds from them, keep track of your balance, and review your transaction history with a simple interface. As always, our goal is to keep your data in your hands rather than ours; MobileCoin’s design means Signal does not have access to your balance, full transaction history, or funds. You can also transfer your funds at any time if you want to switch to another app or service.” – https://signal.org/blog/help-us-test-payments-in-signal/

  5. Cointelegraph reports: The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections. The news was reported by Wu Blockchain, the author of Chinese crypto newsletter Wublock, who noted significant drops in the hash rate of several major pools — with Antpool crashing 24.5%, Binance Pool dipping 20%, BTC.com falling 18.9% and Poolin dropping by 33%. – https://cointelegraph.com/news/chinese-mining-pools-hash-power-plummets-amid-regional-blackout

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