Episode 028: Saturday 14th April

Is The Ledger Nano S Still The ‘Must-Have’ Crypto Device Or Is There Better Out There?

Coming up in today’s show:

  • Brace yourself for crucial Ledger Nano S news – is it time to find something better for storing your cryptos?
  • We ask if a decentralized paradise nothing more than a medieval hellhole?
  • AND – are we being played for suckers when it comes to cryptocurrency credit card fees?

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The Crypto Talking Points from this week's show:

1 > Ledger Wallet Users Continue to See Bitcoin Cash Blackout

Ledger Wallet users were unable to access Bitcoin Cash in the past day due to a parser break with the new version of Bitcoin-ABC, the Bitcoin Cash node. The company reported on its website it has fixed the problem, and that all systems are currently operational.

Read more at:

https://beat.10ztalk.com/2018/04/12/ledger-wallet-users-continue-to-see-bitcoin-cash-blackout/

ALSO The Ledger Nano S has a firmware update and it’s frightening! It looks like you’ve wiped your entire unit 🙁

ALSO Monero Will Soon Be Supported on Ledger Hardware Wallet

https://beat.10ztalk.com/2018/04/11/monero-will-soon-be-supported-on-ledger-hardware-wallet/

ALSO A new kid on ther block https://www.keepkey.com/

2 > JP Morgan Chase Subject of Million Dollar Class Action

The largest bank in the United States, JP Morgan Chase, found itself the subject of a federal class action lawsuit this week.

The complaint alleges that after hindering customers from buying cryptocurrencies, the bank charged enthusiasts extra fees and higher interest rates.

Brady Tucker claims “upon purchasing a cryptocurrency from Coinbase.com or another online crypto merchant,” he was saddled with cash advance fees in violation of his original terms and conditions.

https://beat.10ztalk.com/2018/04/12/jp-morgan-chase-hit-with-million-dollar-class-action-crypto-lawsuit/

https://nypost.com/2018/04/11/cryptocurrency-investor-sues-chase-over-credit-card-fees/

3 > Blockchain is not only crappy technology but a bad vision for the future

Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong direction.

There is no single person in existence who had a problem they wanted to solve, discovered that an available blockchain solution was the best way to solve it, and therefore became a blockchain enthusiast.

https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec

4 > What’s Going On With Crypto In India?

https://cointelegraph.com/news/national-currency-scam-and-police-violence-whats-going-on-with-crypto-in-india

India’s central bank, the Reserve Bank of India (RBI) has caused a stir on April 5, 2018 by announcing that it would not allow regulated institutions like banks, payment service providers and non banking finance companies (NBFCs), to provide services to persons or businesses that deal with cryptocurrencies.

The RBI undertook this step due to a number of reasons which they claim as, “consumer protection, market integrity and money laundering, among others.”

5 > UK-based crypto magazine, first edition free: https://www.21cryptos.com/

6 > Handy tool that calculates whether you should buy your alts via ETH or BTC. Check it out: https://ethorbtc.com/

This week's Crypto Quickies:

1 > Coinbase hits the credits of Silicon Valley on TV

The largest cryptocurrency exchange in the United States, Coinbase, is now listed alongside notable companies like Google and Facebook in the new introductory video for the fifth season of the popular HBO TV show Silicon Valley. The clip now features the Coinbase logo on top of a trove of bitcoins.

https://www.bitsonline.com/coinbase-featured-silicon-valley/

2 > https://cointelegraph.com/exchange/btc-to-usd

3 > I tried to use Changelly for the first time to buy Bitcoin … it’s expensive, but fast and without hassle BUT my bank blocked it first time! After a security check, it went through. It’s just an exchange to change one thing to another thing.

4 > Somebody’s wife made him a crypto birthday cake!

https://www.reddit.com/r/Bitcoin/comments/8bomnz/my_wife_made_this_for_my_birthday/

5 > Great Revolut article – note the comments in particular – it’s not a wallet and it’s stored by Revolut – however it is the simplest way you can just buy a bit of Bitcoi

[Note: We're happy to attribute sources where we can. If you haven't branded your graphic and you'd like us to add a link, please email us at questions@cryptonewspodcast.com]

This week's Top Crypto Coins:

See https://cointracking.info/coin_trends.php for the latest stats.

Paul's Fantasy Crypto Portfolio:

See http://cryptonewspodcast.com/paul

Paul Teague

Alison's Fantasy Crypto Portfolio:

See http://cryptonewspodcast.com/alison

Alison's Bitcoin-only portfolio: http://cryptonewspodcast.com/BTC

Your Crypto Portfolios:

See https://cryptonewspodcast.com/your-crypto-portfolios/

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