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Block Digest #2: Cryptocurrency in North Korea and the ‘Original Vision’ of PayPal

Block Digest #2: Cryptocurrency in North Korea and the ‘Original Vision’ of PayPal

Welcome to episode #2 of Block Digest! (Wednesday, August 16th 2017)

Join us: https://bitcoinmumble.com/

The topic for today is “Cryptocurrency and the Original Vision of PayPal,” a discussion on David Sacks’ claim that blockchain-based cryptocurrencies like Bitcoin and Ethereum resemble ideas that PayPal had back in its early days, of creating ‘the new world currency.’ Is this just a PR move in response to a burgeoning competitor or did they truly stray from a goal to build the new money? We also talk about Bitcoin in North Korea and efforts to undermine the division using weather balloons.

Credits
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Shinobius – https://twitter.com/brian_trollz
Chris Ellis – https://twitter.com/MrChrisEllis
Aknix – https://twitter.com/rm0rf

Inline Producer
Steve – https://twitter.com/MrHodl

This video is licensed under Creative Commons (CC BY 4.0): https://creativecommons.org/licenses/by/4.0/

Links
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“David Sacks: Cryptocurrency fulfills the ‘original vision’ we tried to build at PayPal” by Eric M. Jackson (@ericjackson) via CNBC – https://www.cnbc.com/2017/08/14/david-sacks-cryptocurrency-interview.html

Reddit discussion thread – https://www.reddit.com/r/Bitcoin/comments/6u0mm9/david_sacks_cryptocurrency_fulfills_the_original/?sort=top&sh=6d4e8bb4&st=j6fcc1b8

“Timeline of PayPal” – https://en.wikipedia.org/wiki/Timeline_of_PayPal

More on Peter Thiel – https://twitter.com/J9Roem/status/870360806709506049

“There’s a New Money in Town” Bitcoin Parody of PayPal Ad – https://youtu.be/P4tci6E18_0

From yesterday’s story: “Streaming Bitcoin Blockchain from the space Starter Pack” – https://www.reddit.com/r/Bitcoin/comments/6tv8qz/streaming_bitcoin_blockchain_from_the_space/dloi6mx/?st=j6fc1do0&sh=7df8f028

“The Giant Balloons Smuggling Tech into North Korea” via Bloomberg – https://youtu.be/m_nx8L7pqEo

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