Category Archives: News

One Reason Why The Deplatforming Of Alex Jones Bothers Me.

Here’s a perfect example of why the deplatforming of Alex Jones bothers me so much. Baidu, China’s “Google” equivalent is now blocking cryptocurrency related search results. Although blocking searches in China may not be breaking news, the deplatforming of Alex Jones should be. WeChat China’s social messaging app also blocked cryptocurrency related accounts.

WeChat Blocks Crypto-Related Accounts, Suspends Huobi News, Coindaily

This now becomes alarming to me, because how far off is this from deplatforming a major source of alternative news. Regardless of how you feel about Alex Jones, and his sensationalist style of journalism, our corporate overlords are now dictating what we can view, or hear in the realm of alternative news. They have decided that “we the people” are too stupid to discern fact from fiction. This now becomes very alarming.

China’s Baidu Joins Tech Giants Tencent, Alibaba in Imposing Fresh Anti-Crypto Measures https://cointelegraph.com/news/chinas-baidu-joins-tech-giants-tencent-alibaba-in-imposing-fresh-anti-crypto-measures

If they did it to Alex Jones, what’s to stop them from doing it to crypto….. “In the name of your safety we’ve decided that you’re too stupid to handle your own money. The crypto market is volatile, and isn’t a legal asset. We have decided to block all crypto related media and links for your own protection.”…. or something based around that narrative. You get the point.

I strongly feel what happened to Alex Jones sets a dangerous precedent for US companies. It’s not much different from the state controlled censorship of China. If they deplatformed Alex, they could certainly do it to crypto or any other subject matter they don’t approve of.

The Dood Makes Feedspot’s Top 100 Bitcoin Blogs

Checking my email the other day I discovered that The Dood’s blog was selected to be included in the Feedspot Top 100 Bitcoin Blogs. I received a graphic to display on my blog, and I linked back to the website hosting the top 100 blogs. It’s a great list and if you like reading about cryptocurrency news and current crypto events, you really should check it out.

I am honored and humbled to be listed among some of the great names listed there. The list includes all our favorite news sources like, NEWSBTC, Cointelegraph, Coindesk and more. There are some great names in crypto listed there like Andreas Antonopoulos, Vinny Lingham, MadBitcoins and other great internet personalities. I honestly feel the blog isn’t worthy to be included among these names, but am truly honored that someone chose to include it in the list. I haven’t been blogging as much as I would like to lately, and I think this was the motivator I needed to get writing again. BitcoinDood.com is a labor of love and a project I work on in my spare time. I need to start making more time for writing here.

Thanks to everyone that has helped to support this project, with your comments, retweets, shares, likes and links. One of the best decisions I ever made was getting involved in the cryptocurrency space. I’ve met some of the funnest people on the internet, and learned so much from all of you. Thanks for your continued support, and I look forward to interacting with you all in the future!

You can view the Feedspot Top 100 here.

 

The 2017 Roadmap for PoSWallet

Just came across the PoSwallet roadmap for 2017. These guys are accomplishing big things. If this is your first time hearing about PoSWallet, it is an online group cryptocurrency staking wallet. Basically users pool together their proof of stake cryptocurrencies and PoSWallet stakes them in a group wallet and distributes the staking rewards to the members for participating. This is a really great way to stake multiple cryptocurrencies without tying up tons of system resources. Now instead of running a wallet for each POS (proof of stake) coin you have, you can just hodl them in your PoSwallet account and still enjoy the earnings. They currently host wallets for close to 100 different proof of stake coins.

I’ve been following this site pretty much from the beginning. I’ve watched it’s user base and platform both grow considerably. Their most recent upgrade is an on site cryptocurrency exchange for trading. Now you don’t even have to transfer your coins to an exchange, and you can trade them right on the site. I came across their roadmap for 2017, and I have to say it looks pretty impressive.

Dev roadmap for 2017 PoSW

PoSWallet roadmap for 2017

These guys are accomplishing big things, not to mention best ICO offer I ever bought into! If you’re interested in learning more about this project, you can check out these two interviews I did with the lead dev awhile back. The first link is about the PoSWallet coin, and the second one is about the staking wallet. This has been a really fun and interesting project to follow:

The Dood Interviews The Lead Dev Of POSwallet!

Interview With PoSW coin.

Interested in opening a free staking wallet, here’s a referral:

https://poswallet.com/sign-up.php?referral=TheDood

Some Of Last Weeks Tops Stories.

Coinbase Gets Summons From IRS

Coinbase dominated the news as the IRS issued a summons for all user information from 2013 to 2015.

http://www.zerohedge.com/news/2016-11-21/largest-us-bitcoin-exchange-extremely-concerned-irs-crackdown-targeting-its-users

http://www.coindesk.com/irs-coinbase-bitcoin-records-could-take-months/

Controversial IRS Request To Coinbase Highlights Need For Updated Tax Guidelines

Bitcoin Spam Attacks Delays A Large Amount Of Transactions.

Many bitcoin transactions remained in an unconfirmed state due to what appears to be a spamming attack. The spamming attack caused delays that lasted up to 24 hours or more in some instances.

Spamming Continues on Bitcoin Network, Delays Transactions

Big Names Begin To Withdraw from R3 AKA R3CEV

Morgan Stanley, Goldman Sachs and Santander all reported to withdraw from R3CEV or R3 blockchain consortium.

http://www.ibtimes.co.uk/santander-abandons-r3-blockchain-consortium-following-goldman-sachs-exit-1592865

http://www.coindesk.com/morgan-stanley-r3cev-blockchain-consortium/

https://cointelegraph.com/news/big-banks-scrambled-to-jump-on-r3-will-they-scramble-to-get-out-now

Ethereum Forks Again!

Ethereum continues to fork. How does this project stay so relevant?

https://cointelegraph.com/news/ethereum-hard-fork-no-4-has-arrived-as-dos-attacks-intensify

http://www.coindesk.com/ethereum-forks-again-so-far-so-good/

Ethereum Platform Receives a New Geth Update after Consensus Flaw

https://cointelegraph.com/news/has-ethereum-just-forked-by-accident-some-transactions-may-disappear

Charlie Shrem , Back In The Crypto Game With New Company.

Charlie Shrem and Jason Granger launch Intellisys Capital. Intellisys will issue tokens issued on the Ethereum blockchain that will represent shares in various businesses.

Charlie Shrem Joins ICO Craze With Investment Platform Intellisys

http://www.coindesk.com/bitcoin-charlie-shrem-launch-intellisys-capital/

Factom Receives Grant From Gates Foundation.

Factom recieves grant from the Bill and Melinda Gates foundation for blockchain based medical records project.

http://www.healthcareitnews.com/news/gates-foundation-gives-factom-grant-deploy-blockchain-medical-records

Other mentions :

OKcash turned 2 years old this week. The Dood gets interview with OKtoshi, lead dev of OKcash and ROKOS.

Last Weeks Cryptocurrency News In Review

Last weeks news.

Last weeks news recap.

Another interesting week in bitcoin. These are just a few of the headlines that dominated the cryptocurrency and bitcoin space over the last week. For the latest news and happenings in the cryptocurrency community, please follow my twitter.

Brave bitcoin browser raises 4.5 million USD and readies for 1.0 launch

‘Bitcoin Browser’ Brave Raises $4.5M, Readies for 1.0 Launch

If Ethereum didn’t already have enough problems; a dev has come forward and made claim that Ethereum is his intellectual property and the project idea was stolen from him. In order to take his battle to an international court he has started an ICO to raise money for the legal fees that will be associated with the case.

https://cointelegraph.com/news/developer-prepares-ico-to-beat-ethereum-in-stolen-intellectual-property-case

One of the largest bitcoin exchanges made a shocking announcement their exchange had been hacked and lost 120,000 bitcoins. The Hong Kong exchange claimed losses of close to 70 million USD.

Major Bitcoin Exchange Bitfinex Suffered From The Theft of 120,000 BTC

Ethereum just can’t stay out of the headlines. Vitalik Buterin announced that even if ETC overtakes ETH he will not support Ethereum Classic.

https://cointelegraph.com/news/vitalik-buterin-wont-support-etc-if-it-takes-over-eth

Kim Dotcom has announced Bitcache for the new and improved return of mega-upload. Although still vague on how the new file sharing site will operate, rumors have it that every file share will be accompanied by a small micro transaction of BTC.

https://torrentfreak.com/megaupload-2-0-will-link-file-transfers-bitcoin-transactions-160805/

Bitfinex made an announcement that the losses from the hack may be shared by all remaining btc holders on the exchange. All users would have an estimated 30% of their holdings shaved to cover the lost bitcoin from the hack. Later in the week it was reported that a class action lawsuit has already been filed by distraught users not willing to share in the loss.

Bitfinex ‘Leaning Towards’ Bail-In, Haircut for All BTC Traders

More Troubles Brewing for Bitfinex after Socializing Losses?

The defense team for convicted Silk Road operator Ross Ulbricht has filed a reply brief questioning the fairness of the trial that led to his prosecution. The case is full of corruption, with agents even sentenced for the theft of Silk Road bitcoin, yet Ross Ulbricht was sentenced to life in prison basically for operating a website.

Ross Ulbricht’s Reply Brief Questions the Fairness of His Trial

It’s never a dull moment in the world of cryptocurrency. For the latest news, rumors, and announcements happening in the crypto space, please follow me on twitter.