Bitcoin Creates a New Economic Elite - Bad News for Friday, May 29th

You’ve heard of the top 1%, but is it possible you are in the top 0.5%? If you’ve got at least 10 Bitcoin in your wallet, you are. Bitcoin has also topped $9000 again. Is the move to $10K finally in sight? And China intends to use their new digital currency to compete with the us dollar. One hedge fund manager says the government may make it illegal to hold gold, while a Trump nominee for the Federal reserve envisions that a gold-backed crypto currency could become a thing. The Brave browser has beaten Zoom to the punch for encrypted video calls, and Cryptokitties will soon be playing hoops. We’ve got a lot of nifty news and nifty things to discuss, as well as the launch of a nifty new show. It’s our super awesome crazy ridiculous yet somehow still just a little serious nifty Bad News episode #412 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/412 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook:  /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW:If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:  $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr $DOGE Dogecoin:  DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency.  We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Show Edited By: Aaron The Tech (http://aaronthe.tech)Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.