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In the markets, we are seeing some good consistent gains for Bitcoin which is good. However, Bitcoin dominance is still very high and I would love to see that number decrease soon. In the news, we look at the role Bitcoin played in the US Election. It seems as if Russian Hackers used Bitcoin to fund the hack of the DNC because they thought they would be able to stay anonymous. Of course, BTC is traceable now so now they are in trouble for money laundering on top of the hack. In other news, we look at Monero’s bulletproof audit, Litecoin possible troubles regarding it’s bank purchase, and the possibility of Bitcoin Cash becoming centralized.
Timestamps & Links
3:00 Russian Hackers BTC: https://www.ccn.com/russian-agents-who-hacked-dnc-emails-thought-bitcoin-would-keep-them-anonymous/
4:24 XMR Bulletproofs: https://twitter.com/monero/status/1018523174881890306
6:00 Litecoin Bank: https://news.livecoinwatch.com/litecoins-bank-acquisition/
7:00 BCH Centralized? https://www.ccn.com/bitcoin-cash-network-highly-centralized-49-of-all-nodes-run-on-alibabas-facilities-bitpico/
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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