Block Digest #2 - Cryptocurrency in North Korea and the ‘Original Vision’ of PayPal

Welcome to episode #2 of Block Digest! (Wednesday, August 16th 2017) Join us: https://bitcoinmumble.com/ The topic for today is "Cryptocurrency and the Original Vision of PayPal," a discussion on David Sacks' claim that blockchain-based cryptocurrencies like Bitcoin and Ethereum resemble ideas that PayPal had back in its early days, of creating 'the new world currency.' Is this just a PR move in response to a burgeoning competitor or did they truly stray from a goal to build the new money? We also talk about Bitcoin in North Korea and efforts to undermine the division using weather balloons. Credits ======== Shinobius - https://twitter.com/brian_trollz Chris Ellis - https://twitter.com/MrChrisEllis Aknix - https://twitter.com/rm0rf Inline Producer Steve - https://twitter.com/MrHodl This video is licensed under Creative Commons (CC BY 4.0): https://creativecommons.org/licenses/... Links ==== "David Sacks: Cryptocurrency fulfills the 'original vision' we tried to build at PayPal" by Eric M. Jackson (@ericjackson) via CNBC - https://www.cnbc.com/2017/08/14/david... Reddit discussion thread - https://www.reddit.com/r/Bitcoin/comm... "Timeline of PayPal" - https://en.wikipedia.org/wiki/Timelin... More on Peter Thiel - https://twitter.com/J9Roem/status/870... "There's a New Money in Town" Bitcoin Parody of PayPal Ad - https://youtu.be/P4tci6E18_0 From yesterday's story: "Streaming Bitcoin Blockchain from the space Starter Pack" - https://www.reddit.com/r/Bitcoin/comm... "The Giant Balloons Smuggling Tech into North Korea" via Bloomberg - https://youtu.be/m_nx8L7pqEo