LETS TALK BITCOIN

Episode 108 The People and Projects

Participants:
Adam B. Levine (ABL) Host
Stephanie M!ph" (SM) Co#host
$a!sha ($a!sha) Co#%onde! o% $i&mAnne' and (omensAnne'
)o"a Mah*oo* ()M) Co#%onde! o% $i&mAnne' and (omensAnne'
+mit!" M!ash,hi- a-a .)assah (+M) Commnit" mana/e! %o! M",e&im 0a&&et
Nei&& Mi&&e! (NM) # Co#%onde! o% A&t,oin La*s
1onathan 2eva&&os (12) Co#%onde! o% A&t,oin La*s
Mi,hae& 3e!-&in (M3) +i!e,to! %o! Bit,oin A&&ian,e o% Canada and p!omote! o%
C!"pto,!!en," Ce!ti%i,ation Conso!tim
Ma!- Ed/e (ME) )adio host o% $!eeTa&- Live
ABL: Today is May 10th 2014 and this is Episode 108. This prora! is intended "or
in"or!ational and ed#cational p#rposes only. $ryptoc#rrency is a ne% "ield o" st#dy.
$ons#lt yo#r local "#t#rist& la%yer and in'est!ent ad'isor (e"ore !a)in any decisions
%hatsoe'er "or yo#rsel". *0:1+,
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(e&,ome to Lets Ta&- Bit,oin5 a t0i,e 0ee-&" sho0 a*ot the ideas5 peop&e and p!o6e,ts
*i&din/ the di/ita& e,onom" and the %t!e o% mone". M" name is Adam B. Levine and
toda"s sho0 is a*ot the peop&e.
In 789:5 the mo*i&e spa,e is heatin/ p. I sat do0n 0ith )assah5 ,ommnit" mana/e!
at the M",e&im 0a&&et team to ta&- thei! ne0 Lo,a& T!ade! %eat!e and 0hat ,omes
ne't
Then5 Stephanie M!ph" ,a/ht p 0ith Nei&& and 1onathan o% A&t,oin La*s. The"
ta&- ed,ation and ,ons&tation5 meetps and Hnte!,oin
Late!5 on a !oo%top in To!onto5 I spo-e 0ith Mi,hae& 3e!-&in a*ot the C!"pto,!!en,"
Ce!ti%i,ation Conso!tim. (hat it is and ho0 it 0o!-s
$ina&&"5 0e ,&ose toda"s sho0 0ith Ma!- Ed/e o% $!eeTa&- Live. One o% the ea!&iest
media pe!sona&ities invo&ved 0ith Bit,oin5 he and Stephanie e'p&o!e the ea!&" da"s
and ho0 %a! 0eve ,ome
Bt %i!st5 $a!sha and )o"a a!e %onde!s o% 000.$i&mAnne'.,om5 a *&o//in/ p&at%o!m
that pa"s pa!ti,ipants in Bit,oin. Stephanie 6oins them no0 ;9<7=>
-tephanie M#rphy inter'ie% %ith .arsha and /oya
-M: Im he!e ta&-in/ 0ith $a!sha and )o"a and the" a!e Bit,oin *&o//e!s. Ladies5 0e&,ome
to the sho0. ;9<=9>
.arsha: Than- "o ve!" m,h %o! havin/ s. ;9<==>
/M: Than- "o ve!" m,h %o! havin/ s. ;9<=?>
-M: (e a!e at the Inside Bit,oins ,on%e!en,e in Ne0 @o!- and I met Mi,hae&5 ove! the!e5
%!om $i&mAnne' and he said that hes /ot a *&o//in/ p&at%o!m 0he!e peop&e ,an /et paid to
*&o/. @o a!e *oth %!om A%/hanistan5 is that !i/htA ;9<?7>
.arsha 0 /M: @es. ;9<?=>
-M: @o a!e *&o//in/ %o! this site and "o /et paid in *it,oins so "o ,an !e,eive that
Bit,oin pa"ment an"0he!e in the 0o!&d5 !i/htA ;7<89>
.arsha 0 /M: S!e5 "eah. ;7<87>
.arsha: $i&mAnne' and (omensAnne' $ondation is an on&ine %i&m p&at%o!m 0he!e peop&e
,an ,ome on&ine5 the" ,an !e/iste! on the p&at%o!m5 and *oth $i&mAnne' and (omensAnne'
and the" ,an p&oad thei! %i&ms5 videos and *&o/s. The di%%e!en,e o% o! p&at%o!m 0ith othe!s
is 0e pa" %o! the se!s i% the" ,ome on&ine and the" sha!e thei! sto!ies. The othe! *i/
di%%e!en,e is that 0e pa" them in Bit,oin. (hi,h is5 %o! (omensAnne' that sppo!ts 0omen
in deve&opin/ ,ont!ies5 sta!tin/ %!om A%/hanistan and a!ond the 0o!&d # its a ve!" *i/ and
h/e step %o! 0omen *e,ase in ,e!tain ,ont!ies the!e a!e a &ot o% di%%i,&ties %o! 0omen to
a,,ess *an-in/ s"stems. Eve!" t!ansa,tion is a&0a"s a heada,he %o! 0omen5 so Bit,oin is
6st the on&" ,!!en," that 0omen ,an easi&" have a di/ita& 0a&&et and the" ,an send and
!e,eive 0ithot an" %ee and a&so its not on&" a*ot the ,!!en," *t its a&so a*ot the
te,hno&o/" side 0hi,h he&ps them to /et mo!e invo&ved into te,hno&o/" 0e ,an te&& di/ita&
&ite!a,". A di/ita& ,!!en," %o! di/ita& &ite!a,". ;=<8B>
-M: OK5 so ho0 &on/ have "o *een *&o//in/ on $i&mAnne' and 0hats "o! e'pe!ien,e
*een &i-eA ;=<9=>
.arsha: A,ta&&"5 )o"a and I a!e the ,o#%onde!s and *oa!d mem*e!s o% (omensAnne'
$ondation and 0e a&so 0!ite *&o/s a*ot o! a,tivities *t the main mission o% o!s is to
%ind 0omen 0ho ,an *&o/ %o! s. )i/ht no05 0e have a!ond C85888 %ema&e se!s on
(omensAnne' p&at%o!m 0ith C5888 o% them a!e %!om A%/hanistan5 0hi,h is a h/e step %o!
s. The" a!e 0!itin/ *&o/s a*ot eve!"thin/D the dai&" isses a*ot ed,ation5 0hi,h is
eve!"thin/ that is inte!estin/ %o! them. (e 6st meas!e thei! so,ia& media ,onne,tions 0ith
othe! peop&e5 and then 0e !ate the *&o/s5 and 0e pa" them *ased on thei! a,tivities. ;=<?=>
-M: )o"a5 i% "o t!ied to send mone" %!om the ES to A%/hanistan5 ho0 0o&d "o even do
thatA Thats /oin/ to *e a p!o*&em5 !i/htA ;:<88>
/M: @es5 this 0as a p!o*&em *e%o!e *t !i/ht no05 Bit,oin ma-es m" 0o!- easie!. ;:<8?>
-M: @eah. ;:<8C>
/M: (e ,an send to o! se!s an" p&a,e in A%/hanistan. The!e is no need that the" have to
,ome to the *an- o! the" have to ,ome to a spe,i%i, &o,ation. The" ,an !e,eive thei! monies
in thei! 0a&&ets. As $a!sha sa"s that 0e have C5888 stdents5 %ema&e stdents in A%/hanistan5
de to some p!o*&ems &i-e the" dont have a *an- a,,ont5 o! the %ami&" is not a&&o0ed them
o! thei! a/e is not.... I mean5 the" a!e not o% a ,e!tain a/e to /et a *an- a,,ont. The!e a!e
a&so othe! se,!it" p!o*&ems. )i/ht no05 0e a!e sin/ the *it,oins and then the stdents 6st
sta!ted in $e*!a!" to !e,eive the *it,oins and the" a!e happ" 0hen the" have a 0a&&et5 then
the" ,an *" on&ine st%%. (e a!e a&so ta&-in/ 0ith some o% the &o,a& shops that the" ,an
e',han/e thei! *it,oins and *" st%% in A%/hanistan5 on&ine. ;:<?C>
-M: (o0F The!e is sta!tin/ to *e a 0ho&e Bit,oin e,onom". ;:<?G>
.arsha: @es. ;?<88>
/M: @eah I hope so. ;?<89>
-M: I% "o!e in A%/hanistan5 is it a *ene%it to *e a*&e to have ,ont!o& ove! "o! o0n mone"A
Is the!e the potentia&5 i% "o!e ,a!!"in/ ,ash a!ond5 to /et !o**edA O! i% "o!e pi,-in/ it p
%!om some0he!e5 is that an isseA ;?<9C>
/M: @es5 it is an isse *e,ase5 not on&" %o! the 0omen *t a&so %o! the men as 0e&&5 the
p!o*&em that i% "o have ,ash and "o ta-e it 0ith "o!se&% a!ond5 that 0o&d *e a p!o*&em5
espe,ia&&" %o! the 0omen. I% the" have mone" and i% the" 0anted to save it5 the" have to /o
to the *an-. I% the" dont have a *an- a,,ont5 the %ami&" 0i&& ta-e thei! mone"5 so the"
,annot a&0a"s save thei! mone". The" have to pa". Even i% the" 0anted to save %o!
themse&ves5 the" ,ant5 so I thin- that Bit,oin is a so&tion %o! them5 and then the" ,an save it
and no one -no0s ho0 m,h *it,oins the" have. (heneve! the" 0ant5 the" ,an ,han/e it to
,ash. ;?<?:>
-M: @eah5 e'a,t&". That ,o&d *e a p!ett" !evo&tiona!" thin/ i% 0omen 0e!e a*&e to -eep
,ont!o& o% thei! o0n mone" 0ithot thei! %ami&" ta-in/ it o! e'pos!e to !is-s 0hen the"!e
,a!!"in/ a!ond ,ash5 o! 0hateve!5 !i/htA ;C<8C>
.arsha: @eah5 de%inite&". Thats 0h" 0e a!e t!"in/ to psh the ,on,ept o% di/ita& &ite!a," *"
means o% di/ita& ,!!en," 0hi,h is a ve!" h/e step %o! 0omen. It 0i&& a&so &ead them to
%inan,ia& independen,e 0hi,h is &i-e... 0omens empo0e!ment. (e !ea&&" 0ant the 0omen
to *e a ve!" st!on/ pa!t o% the so,iet" that a&0a"s the" a!e /oin/ to *e i/no!ed. Its not
a&0a"s in deve&opin/ ,ont!iesD its a&so in deve&oped ,ont!ies as 0e&&. This is a ,ommon
p!o*&em *t5 I mean5 in A%/hanistan and ,e!tain ,ont!ies5 its a &itt&e *it mo!e o% a *i/ isse.
)ea&&"5 0e 0ant to invo&ve 0omen mo!e and &ead them to se the po0e! o% so,ia& and di/ita&
media 0ith te,hno&o/"5 ,om*ined 0ith ed,ation in the !i/ht 0a". ;C<:?>
-M: Ho0 0o&d "o %ind *&o//e!sA Is it a so,ia& media thin/A +oes it /et sha!ed and then
peop&e %ind ot a*ot the *&o/5 o! %ind ot th!o/h thei! %!iendsA ;C<?B>
/M: Th!o/h o! (omensAnne' $ondation 0e ,!eated e&even IT ,ente!s %o! e&even
s,hoo&s and !i/ht no05 0e have :?5888 %ema&e stdents in o! net0o!-. (e a!e p!ovidin/
di!e,t&" *ene%i,ia!" and t!ainin/ %o! the C5788 o% the %ema&es that the" &ea!n ho0 to 0o!- 0ith
,ompte!s and 0hat is the te,hno&o/"5 0hats the *ene%it o% 0!itin/ the *&o/s5 and ho0 the"
,an /et paid %o! that. Th!o/h this net0o!-5 the stdents 0i&& !e/iste! and then the" /et
sta!ted to 0o!-in/ in o! ,ente!s and then the" ,an invite thei! %!iends5 so that it ,an /!o0.
(e a!e not on&" in A%/hanistan5 0e a&so have some %ema&e stdents in 3a-istan and 0e have
sta!ted in E/"pt as 0e&&. ;B<=G>
-M: Ho0 do "o ma-e mone".... &i-e5 ho0 do "o p!ovide the *it,oins to pa" the *&o//e!s
0ithA ;B<:C>
.arsha: O! !evene is *ased on on&ine adve!tisin/ so 0heneve! "o p!od,e *&o/s and
video spa,e on the ,ontents o% the othe! peop&e that sha!e "o! *&o/s. I% "o sha!e othe!
peop&es *&o/s5 0hi,h is impo!tant5 "o 0i&& /et paid *" the meas!ement that # 0e ,a&& it
H*II s,o!e5J 0hi,h is o! meas!ement5 0hi,h is "o! so,ia& a,tivit"5 0hi&st 0e pa" "o
*ased on "o! a,tivit". ;K<99>
-M: I% some*od" is &ivin/ in 3a-istan5 A%/hanistan o! E/"pt5 ho0 m,h ,an the" ma-e
doin/ somethin/ &i-e thisA ;K<9K>
/M: It is dependent on thei! 0o!-s and a,tivities. Some stdents ,an /et paid &i-e L?885
some stdents on&" ,an /et L?8ML7885 and it 6st depends on ho0 m,h the" a!e a,tive.
;K<=:>
-M: 3e! *&o/ post o! pe! 0ee-A ;K<=B>
/M: No5 its pe! month. ;K<=G>
-M: Oh5 pe! month5 OK. ;K<:8>
/M: @es. ;K<:9>
-M: I% "o!e in A%/hanistan5 that mi/ht /o %!the! than Ne0 @o!- Cit"5 !i/htA ;K<:?>
/M: @eah5 I mean L988 is a &ot o% mone" %o! them and then the" ,an do eve!"thin/ 0ith
them5 even some o% the %ami&ies o! pa!ents 0ho a!e 0o!-in/ otside 0o&d p!o*a*&" *e
L988ML978. L988 on&" %o! one %ema&e is a &ot o% mone"5 espe,ia&&" 0hen the" a!e stdents o%
s,hoo&s. ;G<8:>
-M: @eah5 de%inite&". I 0ant to ta&- a*ot 0omen in Bit,oin. )e,ent&" 0e 0e!e 6st ta&-in/
a*ot this. $a!sha and I 6st %i&med an inte!vie0 a*ot 0omen in Bit,oin and the media
pe!,eption that the!e a!e no 0omen invo&ved in Bit,oin. (hat do "o thin- a*ot this as
peop&e 0ho have a ,ompan" that e'ists to *!in/ 0omen on *oa!d and pa" them 0ith Bit,oinA
;G<7K>
.arsha: I thin- its not on&"... its &i-e a t"pi,a& thin/ %o! *siness o! te,hno&o/". (omens
invo&vement is a&0a"s &ess than men *t I thin- the impo!tant thin/ is that 0e have to ma-e
and *i&d a ve!" st!on/ ,ommnit". I thin- 0e *e&ieve in ,ommnit" *i&din/5 0hi,h is not
a&0a"s as ph"si,a& spa,es o! /eo/!aphi,a& p&a,es. On&ine ,ommnit" *i&din/ is ve!"
impo!tant so thats 0h" 0e t!" to &et the 0omen 0ho have ,e!tain p!o*&ems in spe,i%i,
,ont!ies5 ma"*e the" a!e se,!it" p!o*&ems. The" ,annot /o ot so 0e invite them to ,ome
on&ine and sppo!t ea,h othe!. I% I have a ve!" /ood e'pe!ien,e on Bit,oin5 I de%inite&" 0o&d
0!ite a *&o/ a*ot it. I have this 0a" that I made this di/ita& 0a&&et5 I !ea&&" &oved it and I ,an
send and !e,eive mone". I &ove m" %!iends 0ho a&so have the *ene%it o% that. I 0i&& te&& m"
%!iend and m" %!iend has anothe! %!iend5 so its a&& a*ot sp!eadin/ the 0o!d. O% ,o!se5
0heneve! 0e !e0a!d a pe!son in Bit,oin5 the" 0i&& *e&ieve that de%inite&" this ,!!en," 0i&&
he&p them mo!e. Step *" step5 this messa/e 0i&& *e sp!ead a!ond the ,ommnit"5 so 0e
*e&ieve that its not on&" a dis,ssion %o! men *t a&so %o! 0omen that ,an empo0e! them.
;98<:7>
-M: I% someone is a *&o//e! on this p&at%o!m and the" /et paid in Bit,oin and the"!e &ivin/
in A%/hanistan5 ho0 do "o p!ovide sppo!t %o! them to se othe! t"pes o% Bit,oin 0a&&ets o!
tea,h them ho0 to do t!ansa,tions5 o! do the" 6st -ind o% %i/!e that ot *" themse&vesA
;99<88>
/M: No5 0e p!ovide t!ainin/ %o! them. (e have a p&an that %o! the %t!e that a&so 0e 0i&&
p!ovide t!ainin/ on ho0 the" ,an do minin/. )i/ht no05 the" 6st -no0 ho0 to /et thei!
mone" and a*ot the t!ansa,tion and ho0 to ma-e the 0a&&et *t5 in %t!e5 0e 0ant to tea,h
them ho0 to do the side o% the minin/ *it,oins. ;99<9G>
-M: N!eat. ;99<78>
.arsha: (e a&0a"s t!" to pdate o! se!s in $i&mAnne' and (omensAnne' p&at%o!m.
Thats 0h" 0e a&0a"s5 eve!" da" o! eve!" t0o othe! da"s5 0e 0!ite a *&o/ a*ot o! ,e!tain
,han/es in the p&at%o!m and eve!"thin/ a*ot Bit,oin *e,ase 0e 6st shi%t to Bit,oin5 so 0e
a!e /oin/ to &et the se!s. (e a&0a"s pdate them a*ot eve!"thin/ and )o"a said5 0e a!e
p!ovidin/ a ,e!tain t!ainin/ %o! /i!&s in s,hoo&s &i-e ho0 to ma-e a di/ita& 0a&&et and %o! othe!
se!s. (e a&0a"s t!" to -eep pdate the se!s and /ive them the in%o!mation so the" %ee& %!ee
to inte!a,t 0ith s and 0e&& &et them pt thei! ,omments5 o! thei! ideas in to *&o/s. (e /o
th!o/h the Oestions and 0e t!" to !ep&" to them in *&o/s o! video. ;97<89>
-M: @eah5 that ma-es tota& sense. OK5 an"thin/ e&se "o 0ant to addA ;97<8C>
.arsha: Than- "o ve!" m,h and it 0as ve!" ni,e meetin/ "o he!e and 0e %ond a &ot o%
inte!estin/ peop&e he!e in Bit,oin ,on%e!en,e and 0e!e !ea&&" &oo-in/ %o!0a!d to ma-e a
h/e ,han/e in A%/hanistan5 not on&" %o! 0omen *t %o! men a&so. @eah5 &oo-in/ %o!0a!d %o!
a *!i/ht %t!e %o! eve!"one a!ond the 0o!&d. ;97<7:>
/M: Than- "o so m,h %o! eve!"thin/. ;97<7C>
-M: The 0e*sites 0he!e peop&e ,an %ind ot mo!eA ;97<=8>
.arsha: @es5 000.$i&mAnne'.,om and 000.(omensAnne'.,om. ;97<==>
-M: OK5 $a!sha and )o"a5 than- "o so m,h %o! "o! time toda". ;97<=C>
.arsha 0 /M: Than- "o ve!" m,h %o! havin/ s. Than- "o. ;97<=K>
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Ada! B. Le'ine inter'ie% %ith 1!itry M#rashchi)
ABL: Im sittin/ he!e this mo!nin/ 0ith +mit!"5 -no0n as .)assah on&ine. Hes the
,ommnit" mana/e!5 !i/htA ;97<?C>
1M: Mhmm. ;97<?B>
ABL: @eah5 ,ommnit" mana/e! 0ith M",e&im 0a&&et 0hi,h is an And!oid 0a&&et that has
*een m" And!oid 0a&&et o% ,hoi,e sin,e And!eas 3ete!son %i!st made me do0n&oad it5 I /ess
a*ot si' months a/o5 and its sti&& the one on m" phone. The!e 0as an inte!estin/ ne0
%eat!e that I sa0 made it into the test ve!sion5 a*ot a month a/o5 that Ive *een p&a"in/ 0ith
it. Its this thin/ ,a&&ed Lo,a& T!ade!. Can "o te&& s 0hat this is a&& a*otA ;9=<77>
1M: The idea is that5 as a ne0 pe!son5 "o do0n&oad "o! %i!st Bit,oin 0a&&et5 0hi,h 0e
hope is M",e&im5 then "o have a Oestion ho0 do I /et m" %i!st *it,oinsA Lo,a& T!ade! is
desi/ned to ma-e that !ea&&" eas" 0he!e on,e "o &an,h the M",e&im 0a&&et5 the!es /oin/
to *e a *"Mse&& Bit,oin *tton and on,e "o p!ess it5 it 0i&& %ind a&& the peop&e in "o! a!ea
0ho a!e 0i&&in/ to se&& "o Bit,oin %o! ,ash. In a sense5 its &i-e Lo,a&Bit,oins *t its *i&t
di!e,t&" into the 0a&&et5 so its %&&" inte/!ated 0ith "o! M",e&im 0a&&et. ;9=<?:>
ABL: Ho0 do I indi,ate that... i% I 0ant to se&& Bit,oin5 I &ist an o!de! %o! the p!i,e I 0ant to
se&& and the a!ea that Im in. ;9:<87>
1M: @eah. Its a se&&e! a,,ont. $o! no05 0e on&" have standin/ se&&e! and instant *"e!s.
Eventa&&"5 0e&& have standin/ *"e!s as 0e&&. @o 0o&d ,!eate a se&& o!de! sin/ the same
s"stem5 the Lo,a& T!ade!5 0hi,h &ets "o ,!eate as man" se&& o!de!s as "o 0ant 0ith di%%e!ent
tie!s o% %ees. $o! e'amp&e5 "o ,an set di%%e!ent p!i,es %o! di%%e!ent &o,ations5 dependin/ on
ho0 di%%i,&t it is to /et the!e o! di%%e!ent p!i,es %o! the amont o% mone" that "o!e 0i&&in/
to t!ade %o!. ;9:<=9>
ABL: Ho0 does this p!o,ess 0o!-A (e 0ant to ma-e a t!ade and 0e!e not in the same
a!ea. Sho0 me 0hat happens he!e. ;9:<=B>
1M: @o 0o&d hit the *"Mse&& Bit,oin. It 0i&& se "o! N3S on "o! phone to %ind a&& the
peop&e 0ho a!e ,&ose to "o! a!ea o!/aniIed *" the top 98. It 0i&& &ist the se&&e!s5 thei! !atin/s5
an" -ind o% e't!a in%o the" 0ant to have5 and thei! p!i,es. Choose an" o% the e',han/e
se!vi,es that ,an t!a,- p!i,es %o!5 p&s an" -ind o% %ees that the" set p5 and then "o ,an have
%ees even *e ne/ative5 in ,ase "o 0ant to se&& !ea&&" Oi,-&". On,e "o hit *" on one o% the
se&&e!s5 it 0i&& open a ,hat 0indo0 0he!e "o ,an ta&- to the se&&e! to ne/otiate 0he!e "o
0ant to *". At the same time5 it 0i&& te&& "o e'a,t&" ho0 man" *it,oins o! ho0 m,h ,ash
"o 0o&d t!ade and ho0 m,h "o 0o&d !e,eive. ;9?<79>
ABL: I% I dont have that man" *it,oins in m" 0a&&et5 ,an I p&a,e a se&& o!de! %o! themA
;9?<7C>
1M: Sin,e its a&& inte/!ated5 it 0o&d a,ta&&"... i% "o dont have eno/h *it,oins to ,ove!
"o! se&& o!de!5 it 0i&& a,ta&&" ma-e "o! se&& o!de! ina,tive at the time5 so 0hen "o see
some*od" se&&in/5 "o&& -no0 a*so&te&" %o! ,e!tain that the" a,ta&&" have the *it,oins to
se&&. ;9?<:7>
ABL: OK. (e /o into ,hat and 0e a!e ne/otiatin/. A!e 0e ta&-in/ a*ot p!i,e o! a!e 0e
ta&-in/ a*ot &o,ationA (hat a!e 0e ta&-in/ a*otA ;9?<:G>
1M: Both. Enti& *oth o% "o a/!ee on the &o,ation and the p!i,e5 the!e is /oin/ to *e a
*tton the!e 0hi,h sa"s .A,,ept O%%e!5 so nti& "o /"s a,ta&&" de,ide5 "o!e %!ee to ta&-
it ot. I% "o dont 0ant to t!ade5 "o 6st hit .Stop and its not /oin/ to a%%e,t "o in an"
0a". On,e "o /"s do a/!ee5 "o have to hit .A,,ept O%%e! and the !eason %o! that is so that
the!es /oin/ to *e %eed*a,- thats *i&t in *ased on 0hethe! "o a,ta&&" %o&&o0 th!o/h 0ith
the t!ade and ho0 %ast "o %o&&o0 th!o/h 0ith it. ;9C<78>
ABL: The!es a !eptationa& s"stem *i&t in too. ;9C<79>
1M: @eah. I% *oth o% "o a,ta&&" a,,ept the o%%e!5 i% "o !ene/e on the o%%e!5 its /oin/ to
pt a din/ in "o! !eptation s"stem. ;9C<7B>
ABL: (eve a/!eed5 0e ne/otiate and 0e meet p in pe!son. (hat happensA ;9C<=7>
1M: On,e "o meet p in pe!son5 "o /ive ,ash to the se&&e!5 the se&&e! 0i&& have a ,ash
!e,eipt *tton and on,e that happens5 it 0i&& atomati,a&&" t!ans%e! mone" %!om one phone to
the othe! 0ithot needin/ to s0ap Bit,oin add!esses. It a&so has a ne0 %eat!e 0e have ,a&&ed
a .T!ansa,tion Con%iden,e N!aph. One o% o! se!ve!s is ,onne,ted to ha&% the Bit,oin nodes
and the othe! is ,onne,ted to the othe! ha&% o% the Bit,oin nodes5 and it 0i&& a,ta&&" t!a,- the
t!ansa,tion as its /ettin/ *!oad,ast and t!ansmitted th!o/h the 0ho&e net0o!-. On top o%
that5 it 0i&& *e -eepin/ t!a,- %o! thin/s &i-e do*&e spends5 nspent inpts5 ma&&ea*i&it" and
othe! thin/s5 0hi,h 0i&& a%%e,t the T!ansa,tion Con%iden,e N!aph. $o! eve!" nspent otpt5
it 0i&& ha&% the .Con%iden,e. ;9B<9K>
ABL: This is an adio sho05 so &ets ta&- a*ot this Con%iden,e N!aph %o! a se,ond.
Basi,a&&"5 in p!a,ti,e 0hat Ive seen is that this &oo-s &i-e... this is *asi,a&&" a Ie!o
,on%i!mation ,on%i!mation5 !i/htA ;9B<7K>
1M: 3!ett" m,h5 "eah. ;9B<7G>
ABL: The idea he!e is that 0hen the t!ansa,tion is *!oad,ast *" the pe!son se&&in/ the
*it,oin5 "o a!e t!a,-in/ ho0 %a! a!ond the net0o!- it /ets. I% it /ets a&& the 0a" a!ond the
net0o!-5 o! /ets to most o% the net0o!-5 then the ,han,es o% it not *ein/ in,&ded in a *&o,-
a!e ve!"5 ve!" &o0. Even tho/h it hasnt a&!ead" *een in,&ded in a *&o,-5 "o have a hi/h
de/!ee o% !e&ative... &i-e so ho0 se,!e is somethin/ &i-e thatA Is it possi*&e to have st!on/
,on%iden,e 0ith Ie!o ,on%i!mationsA ;9B<??>
1M: The Con%iden,e N!aph neve! /ets to 988P *e,ase the!e a!e sti&& isses that mi/ht
happen and Im not !ea&&" s!e 0hat *t i% the Con%iden,e /ets to GGP5 that means that a
p!ope! %ee 0as in,&ded and p!ett" m,h a&& the net0o!- has hea!d it *" no0. The!es non#
spent inpt and its GGP s!e that the t!ansa,tion 0i&& /et in,&ded in the ne't *&o,-. @o
,ant eve! /et to 988P *e,ase the!e ,o&d *e thin/s &i-e ,hain %o!-5 o! somethin/5 0he!e
"o! t!ansa,tion /ets 0iped ot *t its p!ett" ,&ose to 988P. ;9K<7B>
ABL: This has *een -ind o% a sti,-in/ point in the spa,e is that its !ea&&" ha!d a &ot o%
peop&e have t!o*&e sin,e the!es no 0a" to... sometimes a Bit,oin *&o,- ,an ta-e 78 mintes
o! :8 mintes and its sometimes ve!" di%%i,&t to 0ait that &on/ in a !etai& sitation. This
isnt a &o,a& t!adin/ app&i,ation *t it seems &i-e this has /!eate! imp&i,ations in that
potentia&&". ;9K<:C>
1M: Eventa&&"5 0e&& in,&de it in the !est o% the app&i,ation as 0e&& and "eah5 Im %ami&ia!
0ith that *e,ase Ive done t!ades in pe!son. Sometimes "o have to sit the!e a0-0a!d&" %o!
a*ot an ho! %!om &a,- to ,on%i!m. @eah5 this 0i&& de%inite&" %i' that. Anothe! !ea&&" ni,e
%eat!e 0ith this is "o! athenti,ation and !e/ist!ation is done sin/ p!ivate -e" messa/e
si/nin/. (hen "o asso,iate "o! Bit,oin add!ess to "o! Lo,a& T!ade! a,,ont5 "o dont
need an" pass0o!ds 0ith that. @o athenti,ate sin/ a p!ivate -e" and a&& ,hat *et0een "o
and the se! is en,!"pted sin/ "o! !espe,tive p!ivate -e"s. ;9G<78>
ABL: Inte!estin/. ;9G<78>
1M: The on&" thin/ 0e 0i&& sto!e is the Bit,oin add!ess asso,iated 0ith it5 0hateve! se!
name "o ,hoose and ve!" ,o!se &o,ation to 0ithin one sOa!e -i&omete! and "o! t!ade
histo!" %o! the %eed*a,- st%%. In a 0a"5 it ,an *e as psedon"mos as Bit,oin itse&%. ;9G<:8>
ABL: One o% the %ina& sti,-in/ points he!e is that I noti,ed that "o!e *asi,a&&" ta&-in/
a*ot the p!i,e *e%o!e "o a,ta&&" meet in pe!son. As 0eve seen in the &ast ,op&e o%
0ee-s5 the p!i,e in Bit,oin ,an *e !ea&&" p!ett" !idi,&os&" vo&ati&e sometimes 0hen it ,omes
to these &o,a& dea&s. +o "o have an" 0a" to dea& 0ith &o,a& vo&ati&it"A ;9G<?K>
1M: @eah. Be%o!e "o p!ess .A,,ept5 the se&&e! and the *"e!5 Im not s!e i% that ,han/e
mi/ht *e on&" one o% them5 ,an ,&i,- the pdate p!i,e *tton so it 0i&& *e a*&e to pdate the
p!i,e ,onstant&". Even i% "o hit the .A,,ept T!ade *tton5 one o% "o ,an hit the .Epdate
3!i,e *tton i% the p!i,e ,han/es too m,h5 and it 0i&& na,,ept the p!i,e a/ain5 and then "o
/"s ,an ,ontine to ne/otiate. Sin,e 0e /ot Lo,a& T!ade! %inished p5 it %!eed p the time
and added !eso!,es 0ithin Lo,a& T!ade! and 0i&& no0 a&&o0 s to p!se the ne't step 0hi,h
is /oin/ to *e H+ 0a&&ets. ;78<=:>
ABL: I 0as /oin/ to as- a*ot that5 "eah. ;78<=C>
1M: O! ne't *i/ %eat!e 0i&& *e H+ 0a&&ets and a%te! that5 thin/s &i-e des,!iptions to "o!
t!ansa,tions5 e'po!t a&& "o! t!ansa,tions in a ,omme!,e and !ated va&e %i&e. Coin1oin too is
/oin/ to *e in o! steps as 0e&&. ;78<:G>
ABL: Qe!" ,oo&. Im &oo-in/ at "o! p!od,t and5 &i-e I said5 Ive *een sin/ it %o! a*ot si'
months and I dont see an" monetiIation in it at a&&. Is the!e an" p&an %o! thatA Is this 6st a
p&a" to *e *iOitos %i!stA ;79<89>
1M: Lo,a& T!ade! 0i&& *e o! %i!st mode& %o! that too. (e dont !eOi!e "o to /o th!o/h
Lo,a& T!ade! *t i% "o se o! s"stem %o! ,onvenien,e sa-e5 0e 0i&& ,ha!/e 8.7P %ee on top
o% 0hateve! the se&&e! ,ha!/es as 0e&&5 *oth on a *" and se&&. ;79<9B>
ABL: OK. Thats 8.7P. ;79<9G>
1M: 8.7P. ;79<79>
ABL: OK5 ,oo&. ;79<79>
1M: A%te! that5 0e!e a&so &oo-in/ into addin/ thin/s &i-e a&t,oins 0hi,h ma" end p *ein/
as p&/#ins that "o do0n&oad %o! a &itt&e *it o% e't!a mone"5 and me!,hant options5 and thin/s
&i-e that. (e!e &oo-in/ to hi!e deve&ope!s !i/ht no0 to -ind o% he&p s ot 0ith this sin,e 0e
a!e %o,sin/ mo!e on the H+ 0a&&et side o% it. ;79<=G>
ABL: @o! /!op is *ased ot o% Ast!iaA ;79<:9>
1M: Ast!ia5 Qienna. ;79<:7>
ABL: @eah. It sonds &i-e "ove /ot some imp!essive %eat!es. I -no0 that one o% the
othe! p!o6e,ts that M",e&im has had on the *a,- *!ne! %o! a 0hi&e5 has *een this 0i!e&ess
,a!d. Is that sti&& on the ta*&e at a&&A ;79<?=>
1M: +e%inite&". O! ha!d0a!e /"s a!e a,ta&&" in the p!o,ess o% eva&atin/ some test
ha!d0a!e !i/ht no0. The" p!o*a*&" 0i&& /et the p!otot"pes *" the end o% sp!in/ o! so.
;77<8:>
ABL: N!eat5 te!!i%i,. Im /&ad thats ma-in/ p!o/!ess a/ain. ;77<8B>
1M: (e sti&& have no idea 0hen its /oin/ to *e ot *t a&& o% s a!e !ea&&" an'ios to /et it
ot o*vios&". ;77<9:>
ABL: Im 6st /&ad that its sti&& *ein/ 0o!-ed on5 &i-e I said. Thats the impo!tant pa!t he!e.
;77<9K>
1M: The main isse that t!ned ot to *e is that the idea ended p *ein/ a &itt&e *it ahead o%
its time5 so the ha!d0a!e 0asnt Oite ot "et *t it is -ind o%... a&& the ne0 st%% thats ot
!i/ht no0 0i&& hope%&&" *e eno/h to ,ove! it. ;77<7G>
ABL: Thats the thin/D 6st 0ait a ,op&e o% "ea!s5 !i/htA (La/hte!) ;77<=9>
1M: 3!ett" m,h. (La/hte!) ;77<==>
ABL: )assah5 an"thin/ e&se 0e need to ta&- a*ot he!eA ;77<=C>
1M: No5 thats a*ot it. ;77<=C>
ABL: (e&&5 it 0as /!eat ,at,hin/ p 0ith "o a/ain and I &oo- %o!0a!d to seein/ "o!
,ontined p!o/!ess in M",e&im 0a&&et. I% peop&e a!e inte!ested in M",e&im 0a&&et5 0he!e
sho&d the" /o to to do0n&oad itA ;77<::>
1M: 000.M",e&im.,om o! sea!,h %o! M",e&im on Noo/&e app sto!e. ;77<:G>
ABL: Thats M4@4C4E4L4I4E4MA ;77<?7>
1M: @eah M@CELIEM. ;77<?:>
ABL: N!eat5 te!!i%i,. Than- "o %o! "o! time man. ;77<?B>
4444444444444444444444444444444444444444444
A12E/T:
K!"ptoKit is the 0o!&ds %i!st Ch!ome *!o0se! Bit,oin 0a&&et. Its the easiest5 %astest Bit,oin
0a&&et pa"ment s"stem 0ith a simp&e one ,&i,- insta&&5 it ta-es 6st se,onds to /et "o! 0a&&et
set p and *e,ase K!"ptoKit %inds the add!ess and pa"ment %o! "o5 the!es no mo!e %ssin/
a!ond o! ta* s0it,hin/. K!"ptoKit is mo!e than 6st a 0a&&et. It ,omes 0ith a p!e#&oaded
3N3 en,!"pted so,ia& net0o!-5 ne0s%eeds %!om )eddit and Noo/&e and p to date ,ha!ts %!om
e',han/es. $ina&&"5 K!"ptoKit di!e,to!" a&&o0s "o to ma-e t0o ,&i,- pa"ments 0ith an" o%
the Bit3a" me!,hants. On,e "o insta&& K!"ptoKit5 "o 0ont need an"thin/ e&se. $o! mo!e
in%o!mation5 o! to do0n&oad K!"ptoKit5 visit 000.K!"ptoKit.,om. ;7=<=7>
A12E/T:
Eas"+NS is the S0iss A!m" -ni%e %o! "o! domain names5 he&pin/ meet thei! ,stome!s
individa& needs sin,e 9GGK. Eas"+NS has *een an otspo-en ,!iti, o% SO3A and CIS3A.
Eas"+NS 0as an ea!&" sppo!te! o% Bit,oin and no0 the" a!e p!od to sponso! this sho0. +o
*siness 0ith a ,ompan" that sha!es "o! va&es. Net a 9=P dis,ont 0hen "o pa" 0ith
Bit,oin. No to *it,oin.eas"+NS.,om and *e s!e to se dis,ont ,ode LTB. ;7:<8=>
4444444444444444444444444444444444444444444
-tephanie M#rphy inter'ie% %ith 3eill Miller and 4onathan 5e'allos
-M: Im Stephanie M!ph" %!om Lets Ta&- Bit,oin and Im he!e at the Inside Bit,oins Ne0
@o!- Cit" ,on%e!en,e and Im ta&-in/ 0ith Nei&& Mi&&e! and 1onathan 2eva&&os %!om A&t,oin
La*s. The" a&so sta!ted the %i!st a&t,oin meetp. Nent&emen5 0e&,ome to the sho0. ;7:<78>
3M 0 45: Than- "o. Than-s %o! havin/ s.
-M: A&t,oin La*s. I 0ant to ta&- a*ot that *t %i!st5 te&& me a*ot the a&t,oin meetp that
"o sta!ted p. (h" a&t,oinsA ;7:<7G>
3M: Nene!a&&" spea-in/5 I /ot into Bit,oin *a,- in 7899 as a mine! and I 0as 6st -ind o%
inte!ested in it. ;7:<=?>
-M: As a mine!A ;7:<=C>
3M: @eah5 "eah. Not a *i/ time mine!5 no nothin/ &i-e that. As the "ea!s 0ent *" I a,ta&&"
didnt hea! a*ot Lite,oin nti& at some point &ast "ea!5 p!o*a*&" a!ond Ap!i&. I 6st /ot
%as,inated *" it5 and then I hea!d o% $eathe!,oin and &i-e5 some o% these o&de! ,oins5 3ee!,oin
and st%%. I 6st tho/ht that 0as m,h mo!e inte!estin/5 pe!sona&&"5 than Bit,oins
themse&ves. ;7:<?K>
-M: (h" 0e!e those mo!e inte!estin/ than Bit,oinA ;7?<89>
3M: Im in the!e and I &i-e Bit,oin a &ot. I thin- the te,hno&o/" is amaIin/ *t it %e&t -ind o%
s&o0 pa,e. I -no0 thats ,!aI" to sa" *e,ase Bit,oins e't!eme&" %ast pa,e *t ,ompa!ed to
a&t,oins and I %e&t &i-e the ,ommnities o% the di%%e!ent a&t,oins 0e!e &i-e ,omin/ ot in
di%%e!ent 0a"s. I a&most &i-ed the di%%e!ent attitde5 ma"*e. ;7?<79>
45: +e%inite&". (hen 0e sta!ted p the meetp in Chi,a/o5 it sta!ted &ate Septem*e! and
*asi,a&&"5 %!om the!e in &ate Septem*e!5 +o/e,oin 0as !e&eased and it ,omp&ete&" ,han/ed the
&ands,ape. 3eop&e 0ent %!om this ve!" se!ios ,!"pto,!!en," *&o,-,hain Bit,oin to p&a"%&5
Shi*a In meme on a ,oin. I tho/ht it 0as hi&a!ios. I tho/ht it 0as a0esome. A&t,oins
made that possi*&e. ;7?<?:>
-M: Had "o *een inte!ested in Bit,oin too 1onathanA ;7?<?B>
45: Oh "eah... de%inite&"5 de%inite&". I %i!st hea!d a*ot Bit,oin in 7899. I *e,ame a mine!5
not a Bit,oin mine! *t a Lite,oin mine! in ea!&" 789=5 so *asi,a&&" m" &o/i, 0as5 Bit,oin is
no &on/e! N3E minea*&e so the de!ivative is /oin/ to *e the ne't thin/ that is ve!" s,,ess%&
and s!e eno/h5 Lite,oin 0as e't!eme&" s,,ess%&. ;7C<9G>
-M: @eah5 so Im hea!in/ a &itt&e *it o% &i-e... "o 0anted to *e invo&ved 0ith somethin/
%!om the ve!" *e/innin/ and somethin/ that %ee&s e',itin/ and has a &ot o% ene!/" s!!ondin/
it and pe!haps Bit,oin has moved *e"ond that point a &itt&e *it5 and so a&t,oins a!e 0he!e its
at %o! "o /"s. Is that !i/ht to sa"A ;7C<=B>
3M: @eah5 I thin- that sonds a*ot !i/ht. The othe! thin/ a*ot a&t,oins is 6st that t!&"
the" a!e !ea&&" a&te!natives5 so the!e a!e di%%e!ent innovations happenin/. I thin- +o/e,oin5 o%
,o!se5 0as 6st -ind o% a 6o-e and it -ind o% *&e0 eve!"ones mind tho/h *e,ase peop&e
se!ios&" a!e sin/ it %o! st%%. The!e a!e a,ta&&" hi/h vo&mes o% t!ades on it. +i%%e!ent
aspe,ts d!a0 peop&e in and it 6st seems that the!es a &ot mo!e Oestions to *e ans0e!ed and I
thin- it a&so ma-es it a &itt&e *it mo!e %n. Bit,oins a &itt&e intimidatin/5 I thin-5 to some
peop&e. Not to me in pa!ti,&a! *t I 6st thin- that some ne0 peop&e ,omin/ into it5 its so!t
o%... ;7B<9=>
45: To add onto that as 0e&&. I %ee& &i-e a&t,oins p!ovide a ni,he. The" p!ovide ,onsistent
innovation. No05 /!anted a&& these a&t,oins ,an e'ist. The!es thosands o% a&t,oins ,!eated
in the ma!-et. Some o% them a!e ,omp&ete ,&ones *t the %e0 that a!e ve!" innovative
*asi,a&&" /ain va&e 0ithin ma!-et ,ap5 0ithin ,ommnit" and "o see this -ind o% innovation
*a,-ed *" BTCs5 essentia&&". 3eop&e /ain ,on%iden,e in ma!-et sha!e and ,ommnit".
;7B<?8>
-M: 1onathan5 "o said that "o had some peop&e sho0 p at the a&t,oin meetp 0ho 0e!e
-ind o% &i-e disinte!ested in Bit,oin *t the" 0e!e !ea&&" e',ited a*ot +o/e5 %o! instan,e.
Te&& me mo!e a*ot that. ;7K<87>
45: Its %nn" *e,ase one o% m" ve!" /ood %!iends5 Matt5 he 0o!-ed at Mi,!oCente!. He
0asnt at a&& inte!ested in Bit,oin as m,h as the de!ivatives *t 0hat /ot him ve!" e',ited
0as +o/e,oin and the ,ommnit" o% tippin/. A &ot o% peop&e sho0ed p to o! meetp 6st
*e,ase +o/e,oin 0as &i-e this ,ha!it" ,oin5 instead o% Bit,oin 0he!e peop&e a!e ve!"
intimated *" a &ot o% the po&iti,a& aspe,ts and the te,hni,a& aspe,ts. +o/e,oin 0as -ind o%
this p&a"%&5 %n thin/ that /ave ,ha!it" to di%%e!ent o!/aniIations5 tip to ea,h othe! and the"
t!eated it as %n. That opened the spa,e %o! so man" di%%e!ent -inds o% peop&e ,omin/ in.
;7K<::>
-M: (hat a&t,oins /ot "o the most e',ited and 0h"A Nei&&5 "o said that "o see
innovation happenin/ in a&t,oins5 0he!eas it doesnt ne,essa!i&" ta-e p&a,e5 at this point5
0ithin Bit,oin. (hi,h innovations a!e "o pa!ti,&a!&" e',ited a*otA ;7K<?K>
3M: I thin- 0hat %i!st e',ited me a*ot Lite,oin in /ene!a& 0as it neve! !ea&&" o,,!!ed to
me to s0ap ot the p!oo% o% 0o!- a&/o!ithm and 0hen I sa0 that somethin/ 0as a,ta&&"
doin/ it s,,ess%&&" and had ,!eated a 0ho&e ne0 net0o!- o% mine!s5 *asi,a&&" a 0ho&e ne0
e,onom"5 that 0as a !ea&&" e',itin/ idea %o! me. I 0as !ea&&" into $eathe!,oin as 0e&&. I
!ea&iIed that the" didnt ne,essa!i&" ,han/e an"thin/5 o! ne,essa!i&" innovate *t them5 in
pa!ti,&a!5 I tho/ht thei! ,ommnit" 0as 6st e't!eme&" e',itin/. I 0as de%inite&" mo!e
invo&ved I 0o&d sa" 0ith the $eathe!,oin ,ommnit" than Lite,oin5 in pa!ti,&a!. Then5 it
6st -ind o% sno0*a&&ed %!om the!e. B" the time +o/e ,ame ot5 its no0 to the point 0he!e
a&t,oins a!e ,omin/ ot eve!" da"5 *asi,a&&". Its ha!d to sa"5 on an" /iven da"5 0hat the
innovations a!e *t5 /ene!a&&" spea-in/5 the"!e t0ea-s to the a&/o!ithms5 t0ea-s to ma"*e
even &i-e p!oo% o% sta-e ve!ss p!oo% o% 0o!- sma&&e! innovations pe!haps. I thin- that a&so
*i//e! ones too &i-e the ideas o% en,!"pted *&o,-,hains5 o! +a!-,oin. These a!e inte!estin/
thin/s. I dont -no0 ho0 the"!e /oin/ to pan ot *t Im !ea&&" ,!ios and Im /&ad that
some*od" is doin/ it. ;=8<8G>
45: I 0o&d a,ta&&" sa" Im -ind o% a *i/ ana&"st and I a&0a"s &oo- at Bit,oin Ta&- to &oo-
to the ne0 annon,ed a&t,oin. I 6st &ove doin/ that. I &ove seein/ the innovation *ehind it. I
&ove5 %o! e'amp&e5 seein/ 3!otoSha!es5 no0 BitSha!es5 -ind o% &i-e di/ita& atonomos
,o!po!ation p!oposa&. Anothe! o*s,!e ,oin5 Hnte!,oin 0hi,h *asi,a&&" has a /ame *i&t on
the 0ho&e *&o,-,hain. Eve!" move that "o ,an a,ta&&" ma-e on Hnte!,oin is seen th!o/h
the *&o,-,hain *i&din/ as a &ed/e! %o! these moves "ove pe!%o!med in an MMO)3N. I
%ee& &i-e that &a"s the %ondation %o! so man" innovations. ;=8<?=>
-M: (o0F ;=8<?:>
45: Its these !ea&&" o*s,!e ,oins that peop&e 6st dont -no0 a*ot and I %ee& &i-e the"!e
/oin/ to !e%ine the *&o,-,hain. The"!e /oin/ to ,!eate thei! o0n ma!-et sha!es and5 in the
end5 the"!e /oin/ to *e 0o!th si/ni%i,ant va&e. Si/ni%i,ant 0ithin 0hateve! ni,he the" -ind
o% %&%i&. ;=9<99>
-M: (hat do "o thin- ma-es an a&t,oin stand otA The!e a!e 6st so man" a&t,oins no0.
(hat do "o thin- de%ines a s,,ess%& a&t,oin %!om the ones that %ai&A ;=9<78>
3M: The!e de%inite&" a!e so man". I 0o&d sa" ,ommnit" is a !ea&&" *i/ one. +o/e,oin
ta/ht me that. I 0o&d sa" that te,hni,a& innovation is anothe!. Even 6st the shi%t ove! to
Lite,oin5 that 0as the %i!st one. The!e a!e a &ot o% ne0 a&/o!ithms ,omin/ ot too &i-e R995
and st%% &i-e that. These thin/s a!e &i-e... I thin- that the"!e a *i/ dea& *t the!e a&so
some0hat in,!ementa& steps so5 its ha!d to pinpoint on an" one thin/. Its so!t o% a
,om*ination o% eve!"thin/. Li-e Bit,oin is pie,ed to/ethe! *" a&& -inds o% di%%e!ent
,!"pto/!aphi, ideas *t *asi,a&&"5 eve!"thin/ %e&& into p&a,e p!ope!&" and the timin/ 0as !i/ht
0he!e peop&e 0e!e a,ta&&" inte!ested in it and its ta-in/ o%%.
45: I 0o&d a/!ee 0ith Nei&& in the sense that it !ea&&" depends on the t"pe o% ni,he that it
%&%i&s. It depends on... I a&0a"s ,a&& it ma!-et demand5 !i/htA C!"pto,!!en,ies5 I thin-5
the!e is a ma!-et demand. I 0o&d a,ta&&" a!/e 0ith +o/e,oin. The!e 0as a ma!-et
demand. 3eop&e p!o*a*&" %e&t &i-e it 0as... Bit,oin 0as too se!ios5 the ma!-et 0as /ettin/
spammed 0ith a&& these s,!"pt ,oins that the" didnt &i-e and the" didnt *e&ieve in5 so peop&e
mined +o/e,oin. I -no05 I did to *e i!oni, and %nn" and s!e eno/h5 i!oni,a&&" and %nni&"
eno/h5 its no0 a se!ios ,!!en,". The 6o-es -ind o% *ein/ p&a"ed on... not even on s...
its 6st a0esomeF ;=7<:B>
-M: Its 6st a 6o-eF (La/hte!) ;=7<:K>
45: @eah. I 0o&dnt even sa" its 6st a 6o-e. Its an evo&vin/ 6o-e. Its /!eat. I thin- its
a0esome and it !ea&&" depends on the ni,he at the time. Thats 0hat I 0o&d sa". ;==<89>
-M: Coo&. (hat /oes on at an a&t,oin meetpA (hat do peop&e ta&- a*ot and do peop&e
have p!o6e,ts that the"!e 0o!-in/ onA Is it mo!e 6st a so,ia& -ind o% eventA ;==<97>
3M: Nene!a&&" spea-in/ so %a!5 its 6st &a!/e&" *een dis,ssion. (e!e t!"in/ to %o!m a *ase
o% so!t o% !e/&a! mem*e!s and 0e do have a %ai! nm*e! at this point. Late!5 in mid 1ne5
0e!e a,ta&&" hopin/ to do an event 0he!e 0e ,an *!in/ in some o% the devs o! e'te!na&
in%&en,es and host a *i/ event. Im s!e 0e&& have to ta&- to "o mo!e a*ot that &ate! on as
it /ets ,&ose! and 0e /ive mo!e detai&s to it. Thats so!t o%... 0e!e &oo-in/ to0a!ds
p!omotin/ somethin/ &i-e a mini ,on%e!en,eM0o!-shop. ;==<:7>
45: The *i/ thin/ is the devs. (e 0ant to essentia&&" pt a %a,e to the ,oin. I thin- the
*i//est p!o*&em in the a&t,oin ma!-et is t!st. I3O ,oins5 !i/htA @o dont -no0 0hethe! o!
not these peop&e a!e /oin/ to ta-e "o! *it,oins honest&". 1st so m,h %ndin/ and so man"
,han/in/ thin/s5 its ove!0he&min/. (e 0ant to !e%ine that and sa" He"5 this pe!son is
t!st0o!th"5 the"!e in this ma!-et5 the"ve *i&t this and this is thei! p!od,t5 this is thei!
,oin. (e 6st 0ant to !e%ine that. ;=:<9=>
-M: Have "o eve! tho/ht a*ot ma"*e pttin/ ot o! de%inin/ a set o% *est p!a,ti,es %o!
ne0 a&t,oinsA O!5 a -ind o% vettin/ p!o,ess %o! ne0 a&t,oins to 6st &oo- %o! !ed %&a/s 0hen
the" %i!st sta!t *e%o!e peop&e sta!t investin/ in themA ;=:<7G>
3M: I thin- thats a !ea&&" inte!estin/ thin/. (e de%inite&" have o! o0n opinions on that.
(e tend not to p*&i,iIe them5 at &east "et5 *e,ase some o% the ,oins that 0e had ,!iti,isms
a*ot a!e a,ta&&" doin/ p!ett" 0e&&5 at &east %o! no05 o! have done *ette! than 0e o!i/ina&&"
tho/ht. $o! e'amp&e5 some ,oins appea! to have a st!on/ &a,- o% deve&ope!s 0hi,h 0e thin-
is a !ea&&" *ad thin/ %o! a ,oin and then5 it t!ns ot5 %o! some !eason the ,ommnit"5 the
deve&ope!s ,ome &ate!. I thin- that that is a !ea&&" impo!tant thin/ so !ea&&" time ,an on&" te&&.
I dont -no05 I mean its ha!d to !ea&&" pt ot ha!d and %ast /ide&ines5 I /ess. ;=?<8C>
45: I 0o&d de%inite&" a/!ee 0ith that5 I mean5 the!es p!oo% o% sta-e5 p!oo% o% 0o!-5 the!es
I3O ,oins and the!es s,!"pt ,oin5 R995 SHA 7?C. The &ands,ape is ,onstant&" ,han/in/.
Honest&"5 to pt a set o% /ide&ines not on&" is it di%%i,&t5 *t it 0o&d 6st *e a &itt&e *it
a!!o/ant o% s to pt that ot the!e. I !ea&&" thin- that it depends a/ain5 on the ,ommnit". It
depends on 0hat the ni,he demand is d!in/ that moment5 0hat the ma!-et demands and the
t"pe o% innovation peop&e psh %o!0a!d. I 0o&d a,ta&&" sa" +o/e,oin has pshed an
innovation. That innovation is ,ommnit". It de%ined a ,oin th!o/h donations5 and
,ommnit"5 and *ein/ t!st0o!th"5 and ni,e. I thin- thats a0esomeF ;=?<?8>
-M: It sonds &i-e an e'e!,ise in open#mindedness. (o&d "o sa" this has e'panded "o!
*onda!ies a &itt&e *it in te!ms o% the 0a" that "o thin- a*ot 0hat a ,oin sho&d *eA ;=C<89>
3M: (e a&& -no0 the!e a!e so man" ,oins and I hea! a*ot ne0 ones a&& the time.
Sometimes m" %i!st !ea,tion is a&so that these ne0 ,oins that I hea! a*ot is5 its a 6o-e.
A/ain5 a 6o-e sometimes 0o!-s appa!ent&". @eah5 its de%inite&" opened m" mind. Its ha!d to
ta-e an"thin/ too se!ios&" nti& some time has a,ta&&" passed. (e !ea&&" 6st need to 0at,h
the ,oins the *est that 0e ,an. ;=C<7C>
45: I thin- one o% the *i/ advanta/es Ive a&0a"s had in the a&t,oin spa,e 0as that I 0as
a&0a"s open#minded. I a&0a"s tho/ht that de!ivatives a!e /oin/ to *e st!on/e! in some 0a".
The"!e a&0a"s /oin/ to psh innovation. (o!-in/ on Bit,oin5 "o!e 0o!-in/ on a L?
*i&&ion p!o6e,tD "o dont 0ant to mess an"thin/ p. @o dont 0ant to do an e't!eme
,han/e. (ith a&t,oins5 it /ives s spa,e to -ind o% e'pe!iment. That has its /ood and *ad to
it5 6st &i-e an open ma!-et. Its a do*&e#ed/ed s0o!d *t5 in the a&t,oin spa,e5 I %ee& &i-e its
a ,omp&ete&" 0onde!%& do*&e#ed/ed s0o!d. ;=C<?B>
-M: In o!de! %o! a&t,oins to /!o0 and to /et adopted *" mo!e peop&e and sed *" mo!e
peop&e5 do "o thin- that the!e a!e ,e!tain thin/s that need to happen &i-e m&ti#,!!en,"
0a&&ets5 o! in%!ast!,t!e %o! di%%e!ent a&t,oins5 o! an"thin/ &i-e thatA O!5 do "o not !ea&&"
have that -ind o% a/endaA A!e "o 6st /ettin/ peop&e to/ethe! and then seein/ 0hat /!o0s
ot o% thatA ;=B<9G>
3M: @es5 I thin- that the!es a *i/ deve&opment p!o*&em. Thats not ,!!ent&" o! %o,s
no0. (e a!e mo!e %o,sed on 6st t!"in/ to /et peop&e e'posed to the di%%e!ent a&t,oins in the
&ands,ape and the" ,an see 0he!e thei! p&a,e %its. I am a deve&ope! m"se&% *t5 at &east5 thats
not 0he!e Ive *een thin-in/ o% pttin/ m" ta&ents. I &oo- at thin/s &i-e M&ti,hain.net and
its !ea&&" neat *e,ase "o ,an have a ton o% di%%e!ent 0a&&ets *t then a/ain5 "o ,an -ind o%
do that in e',han/es5 and then the!es the t!st Oestion. +o "o t!st an" o% theseA
3e!sona&&"5 no I dont. I thin- 6st *asi, se,!it" as a 0ho&e5 even %o! Bit,oin5 6st needs to
-eep imp!ovin/5 and I thin- it 0i&& ove! time. A&t,oins 0i&& *ene%it %!om an" o% the
innovations an"0he!e. Bit,oin 0i&& a&so *ene%it %!om an" o% the a&t,oin in%!ast!,t!e
deve&opments. ;=K<8:>
45: Not on&" that5 I thin- the *i//e! thin/ is to have a ,omp&ete&" a/nosti, end p!o,essin/
s"stem 0he!e "o ,an a,ta&&" send +o/e,oin5 Lite,oin5 0hateve! do0n this S) ,ode5 !i/htA
It 0o&d atomati,a&&" *e !e,o/niIed *" the s"stem5 6st -ind o% ,ompa!e hashes and then it
0o&d a,,ept +o/e5 Lite5 Bit,oin. I thin- that 0o&d *e h/e. ;=K<7C>
3M: So the !e,eive! ,an !e,eive it in5 *asi,a&&"5 the ,!!en," o% thei! ,hoi,e too. That 0o&d
*e t!&" amaIin/ %!om a sa*i&it" standpoint. ;=K<=?>
45: I thin- t!&" de,ent!a&iIation is 0ithin m&tip&e *&o,-,hains. (ith m&tip&e *&o,-,hains
the!e a!e mo!e possi*i&ities5 ni,hes that ,an *e %&%i&&ed and the!e a!e innovations that ,an *e
pshed %o!0a!d. ;=K<:C>
-M: Te&& me a &itt&e *it a*ot A&t,oin La*s5 0hi,h is "o! ,ompan" that "o!e *oth 0o!-in/
on to/ethe!. (hat is itA ;=K<?7>
3M: (e so!t o% %o!med ot o% A&t,oin Chi,a/o. (e *asi,a&&" %ond that a &ot o% peop&e that
a!e inte!ested in this -ind o% st%% *t 0e a&so a!e at a point in o! &ives 0he!e 0e !ea&iIe o!
time is va&a*&e too. (e 0ant to tea,h eve!"one eve!"thin/ and 0e ,an ta&- a&& da" a*ot
an"thin/ *t 0e!e t!"in/ to see i% 0e ,an a,ta&&" so!t o% %o,s5 and pttin/ on thin/s &i-e a
0o!-shop5 o! 0hateve!5 *asi,a&&" ,osts mone" and 0e!e &oo-in/ into %indin/ a 0a" to
monetiIe5 o! %ind a *a&an,e *et0een o! ed,ation5 /oa&s. I dont -no05 *asi,a&&" t!"in/ to
%i/!e ot a /ood5 ,onvenient 0a" %o! peop&e to &ea!n and %o! s to do 0hat 0e need to do in a
non nendin/ dis,ssion se,tion. ;=G<=9>
45: Addin/ on to 0hat Nei&& said5 A&t,oin Chi,a/o does %it 0ithin a ,e!tain ni,he and
sometimes the in%o!mation ,an *e ,omp&ete&" ove!0he&min/. Basi,a&&"5 0hat 0e 0ant to do
is /o *a,- to *asi,s. (hat is a mine!A (hat is the *&o,-,hainA Ho0 do "o *i&d a mine!A
(hat does this ,ompte! doA I %ee& &i-e adoption is ,!iti,a& in ed,ation and I %ee& &i-e thats
-ind o% *ein/ i/no!ed. 3eop&e 0ant to !ea,h ot to these ,ompanies and have... 0hos /oin/
to *e the ne't pa"ment p!o,esso!A (hos /oin/ to a,,ept Bit,oin ne'tA I thin- the *i//est
thin/ that the"!e i/no!in/ is ,onsme! ed,ation. (ho has *a,-ed thei! do&&a!s 0ith
somethin/ that is ,omp&ete&" a*st!a,tA I %ee& &i-e A&t,oin La*s is /oin/ to %i&& that ni,he.
;:8<9G>
-M: Have "o done an" o% that "et5 &i-e ed,atin/ peop&e a*ot ho0 to set p mine!sA I
thin- "o mentioned somethin/ a*ot that 1onathanA ;:8<7B>
45: )i/ht. @eah5 a,ta&&" 0e do have an event p&anned at $!ee/ee- Chi,a/o. $!ee/ee-
Chi,a/o is a non %o! p!o%it o!/5 ove! in Chi,a/o5 that does *asi,a&&" !e,",&in/. The" a,ta&&"
ta-e in ,ompte! pa!ts %!om *i/ ,o!po!ations and the" !ep!pose them 0ith E*nto and
dist!i*te them a,,o!din/ to the vo&ntee! ho!s that a pe!son has 0o!-ed the!e. Its an open
so!,e ,&t!e and 0e %ee& &i-e some -ind o%... its the easiest peop&e to ta&- a*ot 0ith 0hen
it ,omes to Bit,oin and N3E minin/5 and *i&din/ a ,ompte! *e,ase these peop&e that a!e
the!e5 the"!e thi!st" to &ea!n a*ot ,ompte!s5 &ea!n a*ot E*nt5 &ea!n a*ot open so!,e
s"stems and 0e %ee& that A&t,oin La*s5 and p!esentation o% the *&o,-,hain5 and a&t,oins5 ,an
de%inite&" ma-e them *ene%it %!om that. ;:9<77>
-M: Coo&. An"thin/ e&se "o /"s 0ant to addA ;:9<7B>
3M: Basi,a&&"5 ,he,- ot o! meetp. (e!e at 000.meetp.,omMa&t,oin,hi,a/o and
A&t,oin La*s is at 000.a&t,oin&a*s.,om. ;:9<=?>
-M: Than-s /"s. I !ea&&" app!e,iate "o! time toda". ;:9<=B>
3M: Than-s %o! havin/ s. ;:9<=K>
45: Than- "o. ;:9<:8>
44444444444444444444444444444444444444444444444
Ada! B. Le'in inter'ie% %ith Michael Per)lin
MP: (e!e pttin/ to/ethe! the C!"pto,!!en," Ce!ti%i,ation Conso!tim. Its a non#p!o%it
o!/aniIation. Its to ,e!ti%" peop&e 0ith Bit,oin -no0&ed/e so that some*od" 0ho sa"s that
the" -no0 Bit,oin5 0e 0o&d p!ove that the" a,ta&&" do. (eve pt to/ethe! tests %o! a
Bit,oin Lite ,e!ti%i,ation -no0&ed/e points that someone 0ith this ,e!ti%i,ation 0o&d have
0o&d *e that5 the" nde!stand the *&o,-,hain5 the" nde!stand 0h" the" need to 0ait %o!
,on%i!mations5 the" nde!stand -e" mana/ement5 the" nde!stand *asi, ,!"pto so the" -no0
0hat a hash is and *asi,a&&"5 a&& the in%o!mation that someone 0o&d need to -no0 to a,,ept
Bit,oin on *eha&% o% thei! ,ompan". Then5 the!es a deve&ope! spe,i%i, ,e!ti%i,ation. 3eop&e
0ith this ,e!ti%i,ation 0o&d *e mo!e a&on/ the &ines o%5 the" -no0 the )3C ,a&&s5 the" ,an
*i&d a t!ansa,tion mana&&"5 the" ,an !ea&&" /et into the nitt" /!itt" o% Bit,oin. ;:7<?9>
ABL: The" !ea&&" nde!stand Bit,oin. ;:7<?=>
MP: E'a,t&". A&& the p!o%essiona& indst!ies ot the!e5 0hethe! its se,!it"5 o! its %inan,e5
o! 0hateve!. The" a&& have p!o%essiona& ,e!ti%i,ations o% one -ind. $o! e'amp&e5 m"se&% in
the se,!it" indst!"5 I have a CISS3 ,e!ti%i,ation (Ce!ti%ied In%o!mation S"stems Se,!it"
3!o%essiona&)5 as 0e&& as CISA (Ce!ti%ied In%o!mation S"stems Adito!). These a!e indst!"
!e,o/niIed ,e!ti%i,ations that sa" I -no0 eno/h a*ot se,!it" that I ,an he&p "o!
,ompan" do 0hat "o need to do. On the *an-in/ side5 the!e a!e eithe! ,e!ti%ied a,,ontants5
thin/s &i-e that5 *t Bit,oin is so ne0 that the!e !ea&&" isnt a ,e!ti%i,ation *od"5 so 0eve *i&t
one. Its a non#p!o%it o!/aniIation thats a&!ead" !e/iste!ed and 0e have t!adema!-
app&i,ations ot the!e %o! a&& the %i!st ,e!ti%i,ations that a!e /oin/ ot o% the /ate. O! /oa& is
to 0o!- 0ith ed,atin/ *odies to ens!e that 0hateve! ,!!i,&ms the" a!e ma-in/ %o!
Bit,oin5 o! %o! Ethe!em5 o! %o! an" o% the ,!"pto,!!en,ies5 the" ,ove! the spe,i%i,
-no0&ed/e points in ea,h o% the domains o% Bit,oin5 so that the" ,an t!ain someone to
p!od,e hi/h Oa&it" !es&ts. ;:=<?9>
ABL: This move to0a!ds standa!ds and vo&nta!" standa!ds5 0he!eas its essentia&&" an opt
in p!o,ess !athe! than a @o have to do this5 othe!0ise "o ,ant do this thin/. ;::<88>
MP: A*so&te&". ;::<88>
ABL: This is not the %i!st time that Ive hea!d o% an app!oa,h &i-e this5 a&tho/h "o a!e
ta!/etin/ an a!ea. @o!e ta&-in/ a*ot Bit,oin -no0&ed/e5 0he!eas Ive *een &oo-in/ at
ins!an,e ,ompanies and thin/s &i-e that 0he!e the!e a!e these... the!e is this &eve& o%
,e!ti%i,ation and Oa&it" ,ont!o& *t its *een !ea&&" &a,-in/ in the e,os"stem. It -ind o% seems
&i-e o!/aniIations and e%%o!ts &i-e 0hat "o!e ta&-in/ a*ot a!e the so&tion to that5 !i/htA
;::<78>
MP: @es5 a*so&te&". Hi!in/ mana/e!s 0hen the"!e &oo-in/ to *!in/ someone on *oa!d to
0o!- on 0hateve! it is the"!e 0o!-in/ on5 the" 0ant to ma-e s!e that the hi!e that the"
*!in/ in is /oin/ to p!od,e Oa&it" !es&ts %o! that ,ompan". Im s!e that man" ,ompanies
have hi!ed someone 0ho sa"s the" have the -no0&ed/e on pape! *t on,e the" sta!t to /et
0o!-in/5 a%te! a*ot a month5 the" !ea&iIe "o -no0 "o ma" have had that on "o! !esme
*t "o dont !ea&&" -no0 that a!ea that 0e&&. (e!e hopin/ to ma-e a standa!d so that
peop&e5 0ho do have these &ette!s a%te! thei! name5 !ea&&" do nde!stand Bit,oin and ,an t!&"
add an impa,t to the ,ompan". ;::<?:>
ABL: One o% the inte!estin/ pa!ts a*ot Bit,oin5 o% ,o!se5 is that n&i-e man" standa!ds that
a!e ot the!e5 Bit,oin is in %&' and Bit,oin is a deve&opin/ thin/. (hat do "o in t0o "ea!sA
Is it /oin/ to *e the same p!o/!amA (i&& the!e *e additiona& p!o/!ams o% ,e!ti%i,ation that
&a"e! on topA ;:?<8K>
MP: A*so&te&"5 it 0i&& not *e the same p!o/!am. 1st &i-e the ,e!ti%ied a,,ontants and the
,e!ti%ied se,!it" p!o%essiona&s5 these %ie&ds a!e ,han/in/ a&& the time. The!e a!e ne0
te,hno&o/ies ,omin/ otD the!e a!e ne0 t0ea-s5 the!e a!e ne0 p!o*&ems5 ne0 v&ne!a*i&ities5
ne0 thin/s that 0e a&& need to 0o!!" a*ot. Ove! time5 the ,!!i,&m 0i&& *e adapted to ta-e
advanta/e o% ne0 p!o/!ess5 ne0 so%t0a!e and an"thin/ e&se that ,omes a&on/ the 0a". The!e
0i&& *e ,ommittees 0ithin C: that 0i&& *e dedi,ated to pdatin/ the ,!!i,&m %o! the
Ce!ti%ied Bit,oin 3!o%essiona&s ,e!ti%i,ation5 o! %o! the Ce!ti%ied Bit,oin Te,hni,a& E'pe!t
,e!ti%i,ation. These ,ommittees 0o!- a&on/side e'istin/ indst!" e'pe!ts. (e envision an
a&0a"s#pdated ,!!i,&m that 0i&& ens!e that peop&e nde!stand the &atest and /!eatest
a*ot Bit,oin. ;:?<??>
ABL: +o "o thin- that the!e is an" di%%e!entiation *et0een /eo/!aph"A Is the p!o/!am
di%%e!ent in China than it is in... %o! someone in China than it is %o! someone in the Enited
StatesA A!e "o p&annin/ on se!vi,in/ the inte!nationa& ,ommnit" 0ith this p!od,t
immediate&"5 o! a!e "o %o,sin/ on spe,i%i, a!easA ;:C<98>
MP: It 0i&& *e /&o*a& a%te! that5 a&tho/h the o!/aniIation 0as %i!st %o!med in Canada5 it is
/oin/ to *e a /&o*a& non#p!o%it o!/aniIation. (hat C: 0o&d do is &ist the -no0&ed/e points.
@o need to -no0 a*ot this %o! -e" mana/ement. @o need to -no0 a*ot this %o! p!iva,"5
&i-e 0h" do "o se di%%e!ent ,han/e add!esses5 and thin/s &i-e that. On,e a&& the -no0&ed/e
points a!e ,!eated5 this ,ommon *od" o% -no0&ed/e ,an *e made avai&a*&e to ed,atin/
*odies in s,hoo&s5 nive!sities5 so that the" ,an *i&d thei! o0n ,!!i,&ms that tea,h ea,h o%
these -no0&ed/e points5 so that the" ,an ,ove! a&& o% the aspe,ts o% Bit,oin5 o! Ethe!em.
;:C<:C>
ABL: Inte!estin/. This is not somethin/ that "o p&an on administe!in/ spe,i%i,a&&" 0ith this
o!/aniIation. This is somethin/ mo!e 0he!e "o p&an on he&pin/ othe! peop&e tea,h these
thin/s and then ,e!ti%"in/ thei! e%%o!tsA ;:C<?:>
MP: A*so&te&"5 "es. ;:C<??>
ABL: OK5 /!eat. (hat havent I as-ed that I sho&d as- *e,ase I %ee& &i-e the!es p!o*a*&"
somethin/ Ive missedA ;:B<89>
MP: I 0asnt a,ta&&" e'pe,tin/ %o! C: to *e on "o! sho0 "et o! to *e p*&i, -no0&ed/e at
the moment. A%te! this ,on%e!en,e5 thats 0hen 0e!e !ea&&" /oin/ to *e /ettin/ into /ea!.
;:B<98>
ABL: Its a ,op&e o% 0ee-s ot 0hen 0e!e ta&-in/ no0... and 0e!e ta&-in/ !i/ht *e%o!e the
Bit,oin +e,ent!a& event5 !athe!5 !i/ht *e%o!e the Bit,oin To!onto event. (hat is the time%!ame
on thisA (hat is the !o&&otA Ho0 &on/ do "o thin- it 0i&& ta-e %o! s to see the %i!st
,e!ti%ied individa&sA ;:B<7=>
MP: O! ,ommittee is a&!ead" 0o!-in/ to *i&d the tests. (e have a %e0 hnd!ed Oestions
a&!ead" made and 0e have the -no0&ed/e domains a&!ead" sepa!ated. Its 6st a matte! o%
/ivin/ these tests to e'istin/ indst!" e'pe!ts so 0e ,an /et thei! %eed*a,- to ma-e s!e that
these tests t!&" do sepa!ate the 0heat %!om the ,ha%%. Its one thin/ to sa" that Oh5 I&& as-
"o a Oestion a*ot Bit,oin *t its anothe! thin/ 0hen indst!" e'pe!ts &oo- at it and sa"
@es5 this !ea&&" 0o&d sho0 that someone nde!stands Bit,oin. B" the smme! o% this "ea!5
!ea&&" *" 1ne5 peop&e 0i&& *e a*&e to 0!ite the tests on&ine. $o! the &a!/e! tests5 it 0i&& have to
*e p!o,to!ed in pe!son5 6st to ma-e s!e "o!e not ,heatin/5 o! 0hateve!. $o! the &a!/e!
,e!ti%i,ations5 the" have a ve!" in depth &eve& o% -no0&ed/e5 so it needs to *e at "o!
%in/e!tips 0hen "o ta&- a*ot it. ;:K<98>
ABL: Mi,hae&5 than- "o ve!" m,h %o! "o! time. ;:K<97>
MP: No p!o*&em. Than- "o. ;:K<9=>
444444444444444444444444444444444444444444
A12E/T:
This is Steven Levine5 C$O o% Lets Ta&- Bit,oin. As someone 0ho pa"s *i&&s 0ith Bit,oin5 I
%ind it immense&" satis%"in/ that I ,an pa" o! desi/ne! in Canada Oi,-&" and easi&". A
,op&e o% *tton ,&i,-s and Bit,oin moves ove! mi&es and *o!de!s5 n%ette!ed *" ove!*ea!in/
*!ea,!a,". It is o! /oa&5 he!e at Lets Ta&- Bit,oin5 to ,!eate st!,t!es that a&&o0 Bit,oin5
and a&& o% its des,endents5 to th!ive and /!o0 into the sa%e5 %!ee and %ai! invention that Satoshi
0!ote a*ot. In m" spa!e time5 Im a&so the 3!esident o% Bit,oin 3a,-a/in/.
000.Bit,oin3a,-a/in/.,om ma-es it eas" to se "o! ,!!en," o% ,hoi,e to p!,hase
mndane p!od,ts. (e empo0e! "o to ,han/e the %inan,ia& 0o!&d *" spendin/ "o!
Bit,oin. (hen "o *" a p!od,t %!om 000.Bit,oin3a,-a/in/.,om 0ith Bit,oin5 0e 0i&&
send "o a 98P !e*ate o%% o% the a&!ead" &o0 p!i,es. 000.Bit,oin3a,-a/in/.,om is a vi!ta&
,ompan". (e have no 0a!ehose5 t!,-s o! sa&es peop&e. Come to o! sto!e. Ta-e a &oo-
a!ond. Spend some Bit,oin and te&& "o! %!iends. 000.Bit,oin3a,-a/in/.,om. ;:G<77>
444444444444444444444444444444444444444444
-tephanie M#rphy inter'ie% %ith Mar) Ede
-M: This is Stephanie %o! Lets Ta&- Bit,oin and I am he!e ta&-in/ 0ith a ve!" spe,ia& %!iend.
(eve /ot Ma!- Ed/e he!e %!om $!eeTa&- Live. Hi Ma!-. ;:G<=:>
ME: Hi Stephanie. Than-s %o! havin/ me. ;:G<=C>
-M: (e&,ome to Lets Ta&- Bit,oin. @o dont have to /et Oite as ,&ose to the mi,!ophone
as "o do on $!eeTa&- Live. @o!e &oo-in/ %o! an e',se to stand ,&ose!. Thats o-.
(La/hte!) ;:G<::>
ME: M" ,o#host Ian is a sti,-&e! on mi, etiOette so "eah5 I have to *e ve!" ,&ose. ;:G<?8>
-M: @es5 indeed. This is *e,ase "o a!e a p!o%essiona& ta&- !adio host. @o host the sho0
$!eeTa&- Live and I am a,ta&&" a pa!t o% $!eeTa&- Live. @o and I have *een doin/ the
Snda" $!eeTa&- Live sho0 %o!... ;?8<8=>
ME: Th!ee "ea!s. ;?8<8:>
-M: .../oin/ on th!ee "ea!s no0. @eah. ;?8<8?>
ME: Somethin/ &i-e that5 "eah. @o a,ta&&" 0e!e doin/ the Snda" sho0 *e%o!e I 0as
doin/ the Snda" sho0. The Snda" sho0 e'isted %o!5 I thin- ma"*e5 a "ea! and a ha&%
*e%o!e that as an on&ine on&" thin/. (hen 0e de,ided to s0ipe the Snda" sho0 that had
*een ,!eated *" some othe! a,tivists in the a!ea5 I too- "o a&on/. ;?8<7C>
-M: @es. Im /&ad I 0ent a&on/ %o! the !ide *e,ase its *een !ea&&" %n. $!eeTa&- Live is a
nationa&&" s"ndi,ated sho05 &i-e 0e said. Its *een on the ai! %o! ten "ea!s5 ove! ten "ea!s.
;?8<=?>
ME: @eah5 0e!e on 9:8 !adio stations a!ond the ,ont!". ;?8<=K>
-M: Mhmm. @o a&so have a pop&a! pod,ast and the 0e*site is 000.$!eeTa&-Live.,om i%
an"one 0ants to ,he,- that ot. ;?8<::>
ME: Thats !i/ht and 0e do an open &ines ,!!ent events p!o/!am that has a &i*e!t" theme to
it. ;?8<:G>
-M: @eah5 thats the thin/ a*ot $!eeTa&- Live. 3eop&e ,an ,a&& in a*ot an"thin/. Its
p!ima!i&" a ,a&& in sho0. ;?8<?:>
ME: @eah and 0e happen to have ta&-ed a*ot Bit,oin *e%o!e an"*od"5 I thin-5 6st a*ot
ot the!e. ;?9<87>
-M: (e&&5 thats the !eason I 0anted to have "o on Lets Ta&- Bit,oin *e,ase $!eeTa&-
Live is the 0a" that I %i!st %ond ot a*ot *it,oins and "o and "o! pa!tne! Ian the!e5 "o
0e!e the %i!st ta&- !adio sho0 to ta&- a*ot Bit,oin. @ove !ea&&" e'posed a &ot o% peop&e to
it. ;?9<9K>
ME: (hat happened 0as 0e have this p!o/!am. Its ,a&&ed the Amp&i%ie! p!o/!am. 3eop&e
pa" L? a month to /et an ad#%!ee ve!sion o% $!eeTa&- Live and 0e!e happ" to p!ovide that.
The!e a!e hnd!eds o% those peop&e and Amp&i%ie!s /et spe,ia& t!eatment. These a!e spe,ia&
peop&e as the"!e pa"in/ s5 %o! /oodness sa-e. One o% the Amp&i%ie!s said that he 0anted to
have a meetin/ to ta&- a*ot an a&te!native ,!!en,". No05 0e ta&-ed a*ot a&te!native
,!!en,ies a &ot and the" a!e a&0a"s %ai&!es. Its a&0a"s this disaste! o! that disaste! p!io! to
s hea!in/ a*ot Bit,oin. This /" 0ants to ta&- to s a*ot Bit,oin. He 0ants to have &n,h
and this doesnt happen too o%ten 0he!e some*od" is &i-e Lets have &n,h. A&!i/ht5 "o
0ant to d!ive p to Keene5 Ne0 Hampshi!e5 0e&& have &n,h 0ith "o and ta&- a*ot "o!
ma/i, inte!net mone". (La/hte!) This /" ,omes p. His name is Navin And!esen. $o!
those 0ho -no0 an"thin/ a*ot Bit,oin5 this is the head deve&ope! o% Bit,oin. I thin- that he
ma" have stepped do0n %!om that !o&e a &itt&e *it !e,ent&" *t I dont -no0 %o! s!e. Navin
And!esen 0ants to have &n,h and ta&- a*ot his ma/i, inte!net mone" and in the
,onve!sation5 I *e/in to nde!stand the va&e o% Bit,oin *t Im s,epti,a& *e,ase eve!"thin/
has %ai&ed p to this point. The!es a /o&d ,!edit ,a!d and "o ,an spend /o&d &i-e "o!e
spendin/ ,ash. ;?7<==>
-M: Oh "eah. I% "ove *een a &i*e!ta!ian %o! a 0hi&e5 "ove seen it a&& # E#/o&d peop&e
t!"in/ to se si&ve! to *" a sand0i,h at 3o!,$est5 the 0ho&e shti,-. ;?7<:7>
ME: @es5 e'a,t&". Its a&0a"s ,omp&i,ated and ,onvo&ted *t I sppo!t a&te!native
,!!en,ies 988P. I &istened to him and I te&& him I te&& "o 0hat. (e have a pod,ast
adien,e5 a &a!/e pod,ast adien,e that 0o&d p!o*a*&" *e inte!ested in this. I% "o 0ant to
do some ads5 I&& se&& "o some pod,ast ads5 &o0 p!i,e %o! "o! ma/i, inte!net mone". He
a,ta&&" neve! too- me p on this. ;?=<8C>
-M: The &o05 &o0 p!i,e o% 985888 *it,oins %o! a spot5 !i/htA ;?=<8G>
ME: The" 0e!e L8.7B a pie,e. He didnt ta-e me p on that o%%e! to *" pod,ast ads at the
time. He did5 ho0eve!5 as- me to pa" %o! his &n,h and then he 0o&d pa" me *a,- in
*it,oins. I /ot5 I thin-5 some0he!e &i-e =C#:8 *it,oins %o! his mea&. Thats a p!ett" /ood
mea& no0 at *it,oins at L?885 o! 0hateve! its at. Ni,e nm*e!s. (e ta&-ed a*ot it on ai!.
Thats o! 6o*. (e &i-e a&te!native ,!!en,ies and o*vios&"5 0e have a te,h savv" adien,e
and one o% o! &istene!s5 0hos a&so an adve!tise!5 0hos a&so an Amp&i%ie!5 one o% these /"s5
his names )o/e! Qe!. I% "o -no0 an"thin/ a*ot the Bit,oin sphe!e5 "o -no0 that this is
Bit,oin 1ess. He hea!s a*ot Bit,oin that ni/ht5 /ets !ea&&" e',ited5 sta!ts !esea!,hin/ and a
%e0 months &ate!5 Bit,oin 1ess sa"s to me that5 essentia&&" He"5 "o -no0 that ,ash that I
pa" "o on a month&" *asis %o! adve!tisin/A Thats /oin/ to t!n into *it,oins. No05 )o/e!
Qe! is the ni,est pe!son "o!e eve! /oin/ to meet *t he t!ned into a /an/ste! that moment.
He"5 this is 0hats /oin/ to happen5 !i/htA (La/hte!) It 0as amaIin/. Im &i-e OK. I 0as
a &itt&e ns!e i% this 0as /oin/ to *e a hit in adve!tisin/ do&&a!s *t than- /oodness5 he did it.
He eased s in. It 0as a &itt&e *it... a pa!tia& and then the %&& thin/ ma"*e a "ea! &ate!. That
0as ve!" /ood %o! s o*vios&". I% hes Bit,oin 1ess5 that ma-es me Bit,oin 1ohn the
Baptist. (La/hte!) ;?:<:8>
-M: (La/hte!) I &ove it. I ,ant *e&ieve I have Bit,oin 1ohn the Baptist on the sho0 0ith
me. ;?:<::>
ME: @ep. M" head 0i&& *e se!ved p on a p&atte! at some time in the nea! %t!e.
(La/hte!) On,e the $ed is a,ta&&" d"in/ in its death th!oes5 thats 0hen the"&& do it.
(La/hte!) ;?:<?=>
-M: That 0as the *e/innin/ o% a &on/ !e&ationship 0ith $!eeTa&- Live 0ith Bit,oin and no05
%!om m" pe!spe,tive5 Ive *een &istenin/ to $!eeTa&- Live %o!... 0e&&5 I thin- Ive *een
&istenin/ to $!eeTa&- Live sin,e a*ot 788:#788?. ;??<8B>
ME: @eah5 "ove *een &istenin/ %o!eve!. ;??<8K>
-M: $o! a &on/ time. (La/hte!) I *e,ame a pa!t o% the sho0 *a,- in 78985 somethin/ &i-e
that. ;??<9:>
ME: Oh5 I thin- it 0as ea!&ie! than that. ;??<9?>
-M: 1st as &i-e an inte!net host and a %i&& in host sometimes5 as I 0as sta!tin/ ot on m"
pod,astin/ ,a!ee!. I 0as &istenin/ to the sho0 dai&" and I hea!d "o ta&-in/ a*ot *it,oins
and %o! a 0hi&e5 I 0as &i-e Hmmm5 this sonds !ea&&" inte!estin/ *t Im not !ea&&" s!e
a*ot this. ;??<=7>
ME: The" 0e!e ha!d to /et *a,- then too. It 0asnt eas" to /et *it,oins. ;??<=C>
-M: E'a,t&". I 0as thin-in/ a*ot (e&&5 ma"*e I sho&d /et some *it,oins *t then "o
had to /o on MtNo' and "o had to send them mone". ;??<:7>
ME: The" 0anted a po0e! *i&& %!om "o! hose. The" 0anted a&& -inds o%... photo,op" "o!
I+ and send it to s. A!e "o -iddin/ meA I dont -no0 happens 0hen "o do that. Id
neve! e',han/ed that 0a" on MtNo' and I /ess its /ood that I sta"ed a0a" %!om MtNo'
most&". ;?C<87>
-M: @eah5 that mi/ht have *een sma!t. (La/hte!) At the time5 the!e 0e!e a &ot o% peop&e
0ho 0e!e pa!t o% the &i*e!ta!ian ,ommnit". (e &ive in Ne0 Hampshi!e and the!e a!e a &ot o%
peop&e 0ho moved to Ne0 Hampshi!e %o! the $!ee State p!o6e,t and o! so,ia& ,i!,&es.
Li*e!ta!ians &ove to *&o/. The" &ove to have pod,asts and the" &ove to do ,!eative thin/s and
so the!e 0e!e &ots o% peop&e5 at the time *a,- in 7899 I 0ant to sa"5 0ho had pod,asts and
*&o/s5 and sto!es5 and on&ine *sinesses and the" 0e!e sta!tin/ to ta-e *it,oins %o! tips.
;?C<=:>
ME: In Ne0 Hampshi!e5 Bit,oin is !ea&&" Oite *i/5 at &east in the ,ommnities that I... the
,i!,&es that I !n in. As a matte! o% %a,t5 0hen 0e sa0 Ove!sto,-.,om s0it,hed to Bit,oin5
Ne0 Hampshi!e 0as the nm*e! one p&a,e in the Enited States5 at &east on a map I sa05 that
sent *it,oins in and its indi,ative o% ho0 the!es a &ot o% &inea/e o% Bit,oin /oin/ on in Ne0
Hampshi!e. $o! instan,e5 *a,- in I thin- 78995 I *o/ht a sand0i,h 0ith a Casas,is ,oin5
the ones that had the *ad mintin/ on it. ;?B<8B>
-M: Oh5 "o mean the ones that a!e 0o!th &i-e L785888 on E*a"A ;?B<98>
ME: @eah5 those thin/s. I *o/ht a sand0i,h 0ith one o% those and /ot some ,han/e.
(La/hte!) $!om Mand!i-5 Neo!/es $avo!ite Ba-&ava. This is ho0 the ,ommnit" 0o!-s I
*" and se&&. 3eop&e 0o!- %o! me a&& smme! &on/ ,ttin/ 0ood and movin/ 0ood on m"
%a!m %o! *it,oins. ;?B<7K>
-M: @es. ;?B<7K>
ME: I neve! pa" them ,ash. The!e a!e peop&e... 0e!e *"in/5 0e!e se&&in/ in *it,oins.
;?B<=7>
-M: (e 0e!e doin/ this in 7899 and 7897. This 0as mo!e than t0o "ea!s a/o. (e!e at this
Bit,oin ,on%e!en,e !i/ht no05 0e!e at the Inside Bit,oins ,on%e!en,e in Ne0 @o!- *t this is
0hat I 0ant peop&e to /et is that5 the!e 0as a vi*!ant5 !ea& Bit,oin e,onom" in Ne0
Hampshi!e amon/ $!ee State!s 0hen *it,oins 0e!e L8.7B to *e&o0 L98. ;?B<?B>
ME: A&& "o ,o&d do 0ith them at the time5 on the inte!net5 0as *asi,a&&" *" a&pa,a
so,-s... ;?K<88>
-M: ...and *a-&ava5 "eah. ;?K<87>
ME: ...and some ,hi,-ens5 *a-&ava and 0e* hostin/ se!vi,es. Thats a&& "o ,o&d do 0ith
them the!e *t 0e 0e!e sin/ them and e',han/in/ them *e,ase the" 0e!e via*&e at that
point. I 0as sin/ Bit,oin Spinne!5 0hi,h I dont even -no0 i% that thin/ e'ists an"mo!e.
;?K<9=>
-M: Oh /osh5 me too. @eah5 I !emem*e! Bit,oin Spinne!. ;?K<9?>
ME: @o didnt 0ant to &ose "o! phone the!e. (La/hte!) The *it,oins 0o&d *e on the
phone and )o/e! Qe! 0as sho0in/ peop&e ho0 to do0n&oad Bit,oin Spinne!. ;?K<7?>
-M: )emem*e! the ST ,&ientA (e ,o&d do0n&oad the Bit,oin ST ,&ient and it too-... even
then5 it too- %o!eve! to do0n&oad the *&o,-,hain. Ah5 memo!ies. ;?K<==>
ME: I sti&& -eep the ST ,&ient /oin/ on a ,ompte!. I someho0 %ee& &i-e Im he&pin/ the
inte!0e*s. (La/hte!). I dont -no0 e'a,t&". Its a &itt&e %aith#*ased. ;?K<=G>
-M: (La/hte!) I do it too *e,ase it !ns A!mo!"5 so i% "o 0ant to !n A!mo!". ;?K<::>
ME: A!mo!" has a &a"ove! %o! that5 !i/htA ;?K<:?>
-M: @eah. ;?K<:C>
ME: The"!e he!e5 !i/ht do0n the 0a" the!e. ;?K<:K>
-M: @eah5 a*so&te&". These 0e!e the da"s5 !i/htA (e 0e!e sin/ Casas,is ,oins5 0e 0e!e
sin/ Bit,oin Spinne!5 &i-e "o said the Bit,oin ST ,&ient5 and peop&e 0e!e 6st pastin/ p
Bit,oin add!esses on thei! *&o/s and /ettin/ tips. The" 0e!e /ettin/ ? *it,oin5 98 *it,oin tips.
;?G<8:>
ME: $!eeTa&- Live has /otten !athe!... *a,- in the da"5 !athe! &a!/e Bit,oin tips and the!e it
0as... 6st sittin/ the!e ,o&&e,tin/ tips. 3eop&e 0e!e sendin/ them in. ;?G<9:>
-M: (e had anothe! %!iend 0ho 0as doin/ ,am 0o!-5 *asi,a&&" %o! Bit,oin5 and the!e 0e!e
peop&e postin/ pi,t!es o% themse&ves on&ine to /et *it,oins5 !i/htA ;?G<77>
ME: Id do that i% an"*od" 0o&d pa" *t I mean its not /oin/ to he&p ot. ;?G<7?>
-M: @o!e /oin/ to have to /et them to pa" "o to pt "o! ,&othes *a,- on. (La/hte!)
;?G<7K>
ME: )i/ht5 thin/s &i-e that. The ,&iente&e that 0o&d *e pa"in/ me 0o&dnt *e ne,essa!i&"
the one that Id *e 0antin/ to pa" me. Its !ea&&" di%%i,&t to /et "on/5 *eati%& 0omen to
pa" "o to ta-e "o! ,&othes o%%. Its 6st not /oin/ to happen. ;?G<=K>
-M: Thats 0h" "o 6st have to p!etend. ;?G<:8>
ME: @o!e !i/ht5 6st p!etend. (La/hte!) @eah5 that 0o&dnt 0o!- ot. ;?G<:=>
-M: The thin/s that peop&e 0e!e doin/ 0ith Bit,oin *a,- seve!a& "ea!s a/o5 at this point.
(hen I &oo- *a,- on them no05 I %ee& !ea&&" hono!ed to have *een a pa!t o% that *e/innin/ o%
the p!a,ti,a& se ,ases %o! Bit,oin5 in Ne0 Hampshi!e. ;?G<?K>
ME: (e!e the &itt&e seed pot %o! Bit,oin and no0 its 0e&& ot/!o0n the seed pot and Im
de&i/hted. A&& I eve! 0anted 0as %o! Bit,oin to /o mainst!eam. I mean5 I /ot the T#shi!t5 I
,an sa" @eah5 "eah5 "eah5 I did 0hateve! in 7899 and its ,oo&. Thats %ine. I 0ant it to /o
h/e *e,ase its so empo0e!in/. Its /oin/ to he&p peop&e a!ond the 0o!&d. The peop&e
0ho dont have mone" toda"5 it !esets the p&a"in/ %ie&d %!om G5888 "ea!s o% tota&ita!ian
statism. Thats 0hat I 0ant to see happen and thats /oin/ to *e a t!emendos thin/ that
Bit,oin ,an do. Its /oin/ to he&p nde!se!ved ma!-ets5 poo! peop&e5 peop&e o% ethni,ities5
peop&e in thi!d 0o!&d ,ont!ies5 0omen... a&& the peop&e that have a di%%i,&t time a,,essin/
*an- a,,onts. Bit,oins /oin/ to ma-e that enti!e&" di%%e!ent %o! them. The"!e /oin/ to *e
on an even p&a"in/ %ie&d. The"!e /oin/ to *e a*&e to app&" thei! &a*o! and d!a/ themse&ves
ot o% the mi!e5 !athe! than ta-in/ handots as the"ve *een doin/ p ti& no0. ;9<88<?C>
-M: @eah5 a*so&te&" and I -no0 "o 6st pe!sona&&" a!e inte!ested in mi,!o#&endin/. @o!e
the one 0ho to&d me a*ot Kiva. ;9<89<87>
ME: )i/ht5 I &ove Kiva. ;9<89<87>
-M: @eah5 me too and "o and I *oth &end on Kiva and ho0 amaIin/ 0o&d it *e i% the"
sta!ted ta-in/ *it,oins5 o! i% the!e 0as a ,ompetin/ instittion that ,ame p. ;9<89<97>
ME: Thats 0hat Im e'pe,tin/. ;9<89<9=>
-M: BitKiva. ;9<89<9:>
ME: Im not e'pe,tin/ the *i/ p&a"e!s to ne,essa!i&" s0it,h ove!. Im e'pe,tin/ othe!
instittions to ,ome and !ise p *e,ase Bit,oins e',itin/ to them. The peop&e in the Bit,oin
sphe!e... the!es hnd!eds and hnd!eds o% peop&e at these events5 sometimes thosands o%
peop&e at these events and eve!" one o% these peop&e is e',ited and doin/ somethin/.
;9<89<==>
-M: @eah. Eve!"*od"s /ot a p!o6e,t. ;9<89<=?>
ME: Some "on/ ,o&&e/e -ids... this is 0hat I 0ant to do... I dont thin- thats /oin/ to 0o!-
*t it ta-es peop&e that %ai& %o! peop&e to have s,,ess. ;9<89<:?>
-M: Oh "eah5 "eah. ;9<89<:C>
ME: Im th!i&&ed 0ith 0hats /oin/ on 0ith Bit,oin. ;9<89<:G>
-M: @eah5 tota&&". Ma!-5 I 0ant to than- "o %o! int!od,in/ me to Bit,oin. ;9<89<?:>
ME: @o!e 0e&,ome. ;9<89<??>
-M: (La/hte!) Those sto!ies a!e 6st so ,oo&. One o% the ones that Id &i-e to te&&5 and I
thin- this has *een on the sho0 *e%o!e *t5 is 0hen Navin a,ta&&" said hed p!,hased
985888 *it,oins %o! &i-e L?8. He 0as !nnin/ the Bit,oin %a,et. ;9<87<98>
ME: @es. ;9<87<98>
-M: This 0as *a,- "ea!s and "ea!s a/o and "o ,o&d /o to this 0e*site and /et ? *it,oins5
as &on/ as "o pt it in a Bit,oin add!ess. ;9<87<9C>
ME: @ep5 thats !i/ht. ;9<87<9B>
-M: Can "o ima/ine i% peop&e he&d onto themA ;9<87<9K>
ME: Some peop&e did. I -no0 I 0ent to the %a,et and I /ot... I dont -no0 0hat I /ot. It
seemed &i-e it 0as &ess than ? *it,oins *t I 0ent to that %a,et and I /ot some *it,oins and I
%nded m" a,,ont. I pt it in M"Bit,oin(a&&et.,om a,,ont and it smma!i&"5 a %e0 months
&ate!5 /ot ha,-ed. ;9<87<=?>
-M: Oh5 "eah. M"Bit,oin5 I !emem*e! that. ;9<87<=B>
ME: @ep. It 0as at M"Bit,oin(a&&et. ;9<87<=G>
-M: Thats 0hen 0e a&& &ea!ned the pain%& &esson o% dont -eep "o! *it,oins in thi!d pa!t"
0e* 0a&&ets. ;9<87<::>
ME: @eah5 than- /oodness that 0e &ea!ned that &esson *e,ase no0 othe! peop&e dont have
to &ea!n that &esson. Eve!" *mp in the !oad5 0e!e /oin/ to have to... the ,a!!ia/e is /oin/ to
have to /et 6ost&ed and 0e have to &ea!n these thin/s. ;9<87<??>
-M: @eah5 a*so&te&". $!eeTa&- Live is on seven ni/hts a 0ee-. @o Ma!-5 a!e on si' ni/hts
a 0ee-. ;9<8=<89>
ME: Thats !i/ht. ;9<8=<87>
-M: The!es -ind o% a !otatin/ s,hed&e o% hosts. @o and Ian a!e *oth on si' ni/hts pe!
0ee- and most o% them ove!&ap *t one ni/ht doesnt ove!&ap. On Snda" ni/ht5 "o a!e on5
Ian is not on. ;9<8=<9:>
ME: Thats ,o!!e,t. ;9<8=<9:>
-M: I am on 0ith "o. ;9<8=<9?>
ME: Thats ,o!!e,t. @o a!e m" ,o#host on that evenin/. ;9<8=<9B>
-M: That ma" have *een a &itt&e mo!e ,on%sin/ than it needed to *e. ;9<8=<78>
ME: @o a!e m" Snda" sho0 ,o#host. ;9<8=<79>
-M: (La/hte!) @es. The!e 0e /o. @o ,an hea! Ma!- and I to/ethe! on the !adio on
000.$!eeTa&-Live.,om. @o ,an &isten on the inte!net o! "o ,an ,he,- the &o,a& !adio
a%%i&iates the!e. ;9<8=<=9>
ME: (e ta&- a*ot an"thin/ and eve!"thin/ on $!eeTa&- Live. ;9<8=<=:>
-M: Bit,oins a!e sti&& a %!eOent topi, o% ,onve!sation on $!eeTa&- Live. ;9<8=<=G>
ME: Im de&i/hted a*ot Bit,oin. I thin- its /oin/ to ,han/e the 0o!&d. ;9<8=<:9>
-M: @es5 me too. (e /et a &itt&e ,!oss#po&&ination /oin/ and Ma!-5 than- "o so m,h %o!
*ein/ on Lets Ta&- Bit,oin 0ith me. ;9<8=<:B>
ME: Than-s Stephanie. ;9<8=<:K>
44444444444444444444444444444444444444444444
$/E16T-:
Than-s %o! &istenin/ to Episode 98K o% Lets Ta&- Bit,oin.
Content %o! this episode 0as p!ovided *" $a!sha5 )o"a5 )assah5 Nei&&5 1onathan5
Mi,hae&5 Ma!-5 Stephanie and Adam.
This episode 0as edited *" +enise Levine5 0ith additiona& edits *" Adam B. Levine.
Msi, %o! this episode 0as p!ovided *" 1a!ed )*ens and Nene!a& $II.
An" Oestions o! ,omments5 emai& adamT&etsta&-*it,oin.,om.
Have a /ood oneF ;9<8:<9:>