Coronavirus Impacts on Bitcoin (And the IRS’s Dumb Singularity)

The best Sundays are for long reads and deep conversations. Earlier this week the Let’s Talk Bitcoin! Show gathered to discuss Coronavirus and its potential impacts or disruptions to the decentralized world of bitcoin.

Later, we hear from correspondent George Ettinger about the indications of a “Dumb Currency Singularity” taking place at the IRS right now (also presented in full text below).

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On today’s podcast we discuss Coronavirus and:

  • The bitcoin mining industry and the slowing rate of hash-rate increases in the run-up to the 2020 halving
  • Safe haven, uncorrelated and risk asset narratives as the price of bitcoin bounces defies expectations
  • The potential for shifts in how society thinks about money in the wake of a highly transmissible global disease
  • Plus a brief primer on virus families (skip to 13 minutes for blockchain only content if you’re already up to speed)

Credits for LTB#429 – Coronavirus Impacts on Bitcoin (And the IRS’s Dumb Singularity)
This episode of Let’s Talk Bitcoin! is sponsored by Purse.io and eToro.com.
This episode featured Stephanie MurphyAndreas M. Antonopoulos, George Ettinger and Adam B. Levine
Today’s episode was produced by Adam B. Levine, edited by Adam B. Levine with music provided by Jared Rubens and Adam B. Levine
Would you like to Sponsor a future episode of the Let’s Talk Bitcoin! show? Do you have any questions or comments? Email adam@ltbshow.com

The Dumb Singularity: Crypto Currencies and Game Currencies are Overdue for a Collision

So.  It has come to this.

One of the biggest barriers to entry for a disruptive technology is the incompetence of the average consumer.  On the other hand, simply preying on the illiteracy of consumers can be a boon for some truly terrible inventions.  It is in the clash of these two ideologies…

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