All time highs for Bitcoin keep rolling in! Will $8000 come soon? We hit the recent news: CME opens an ETF for Bitcoin, Bitconnect market cap drops, using mining to cure disease, and losing crypto. Then answer some questions from listeners on mining, why Bitcoin qualifies as money, why there are so many altcoins (Litecoin, Ethereum, and more), and how to HODL, spend, or use your cryptocurrency to grab proof of stake rewards.
– Make sure you check out the mentioned video about distributed ledgers, mining, hashes, and proof of work at http://youtu.be/bBC-nXj3Ng4. Seriously, it’s really helpful
– We mentioned ONCHAINFX because it’s cool and growing. Check it out at https://onchainfx.com/
– The viral BitConnect Thailand champion is at http://youtu.be/watch?v=7f18bv76QVs&t=16m4s
– More info on Stanford’s protein folding is at http://youtu.be/v=AIR_Adt8z0Y
– Grab $10 FREE Bitcoin at Coinbase when you buy your first $100 of Bitcoin, Ethereum, or Litecoin by going to www.blockheadspod.com/coinbase
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(Quick legal note: This week’s parody song is a joke using the song “She’s So High” by Tal Bachman. Cousin of the famous Ehrlich, we think. As always, the production of this parody and the entire podcast have no relation to the copyright holder for the song, who retains any and all rights to the song.)