In this Friday Fundamentals episode you learn what’s up with Coinbase’s anti-bitcoin behavior and the #DeleteCoinbase movement, the potential entrance of Facebook into the space, and I highlight Cryptograffiti’s very cool bitcoin related activity in Venezuela. Plus much more.
In this episode of Friday Fundamentals we, of course, touch on all the pertinent fundamentals of the Bitcoin network. Today’s news items are about Samsung’s “crypto” wallet, Janine’s take down of Coinbase, and the IMF once again being honest about their vision of a dystopian future.
Along with Fundamentals on this show, I talk about Kraken making moves and I highlight a new metrics based news outlet called Longhash. After that I get into the problems in Ethereum development, with its centralization and bad morale. I close out the episode with a rant about the bitcoin block size debate that has come back in a new form.Luke Dash Jr, want’s to decrease the block size to 300 kb for resource constraints. To decrease bloat and future difficulty to run a node. I claim this isn’t a technical debate, it’s an economic debate, and the economics are unclear. There’s no reason to change consensus until other market solutions are examined.