Sunday, March 2, 2014

Keiser Report: New Crypto Phenomenon Ethereum

From RT

Published on Mar 1, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Jon Corzine of bitcoin trying to concern troll his way into a bailout and failing. And while 6 percent of all bitcoins allegedly went missing via MtGox, every year 3 percent of China's GDP goes missing into property and bank accounts in the US, Canada and Australia. They also look at a recent study that friends of Timothy Geithner were rewarded by the stock market as much as friends of Suharto were in Indonesia.

In the second half, Max interviews Charles Hoskinson, a cryptographer and one of the people behind a new crypto start up called Ethereum. They also discuss cryptography, bitcoin and maxcoin.