The Bitcoin Group #41 — Nas Accepts Bitcoin — Bitpay Zero Fees — Wikipedia Bitcoin — Overstock

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Featuring… Chris Ellis (, Kristov Atlas (, Davi Barker (, Blake Anderson ( and Thomas Hunt (


Issue 1 — Hip-Hop Icon Nas: We’re Entering the Age of Bitcoin

Issue 2 — BitPay offers {videoDescription} Fee Bitcoin Merchant Processing

Issue 3 — Wikipedia accepts Bitcoin

Issue 4 — New Bitcoin challenger launches

Issue 5 —

Overstock’s Radical Plan to Reinvent the Stock Market With Bitcoin

Overstock to Extend Bitcoin Payments to Global Customers

Overstock to Pay Employee Bonuses in Bitcoin

Issue 6 — Coinapult pulls out of US

then Questions and Answers from the Audience!

and Predictions!

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The Bitcoin Group #41 — Nas Accepts Bitcoin — Bitpay Zero Fees — Wikipedia Bitcoin — Overstock

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25 Responses

  1. TheLegendX9 August 1, 2014 / 10:32 pm

    Andreas is back!

  2. goodkol August 1, 2014 / 10:36 pm

    Interviewer – please talk normal, I can’t take you serious when you talk
    the way you do. These guests deserve more respect… Just sayin…

  3. Daniel Modell August 1, 2014 / 10:36 pm

    I don’t see why Nas wouldn’t want to appear on the talk show. 

  4. brabrabooboo August 1, 2014 / 10:46 pm

    Thomas, please ask the participants. We’ve had a lot of merchants accepting
    bitcoin recently which I think is driving the price down. What do you think
    will cause another surge up in the price of Bitcoin?

  5. brabrabooboo August 1, 2014 / 10:49 pm

    Thomas, could you ask the participants where do they think Coinbase and
    BitPay are offloading the bitcoins they accept on behalf of their

  6. BankerWorstFear August 1, 2014 / 11:05 pm

    Uber/Lyft need to accept bitcoin 33:22 

  7. Mangled Blue August 1, 2014 / 11:12 pm

    Q.) for Kristov Atlas – – Will Kristov Atlas use his DarkCoin donations to
    create a DarkCoin MasterNode now the he has reached 1000DRK and/or would
    he allow the DRK community, maybe GhostPlayer or Vertoe to walk him through
    the setup of a MasterNode so that he may fully examine the functionality of
    the DarkCoin network?

  8. SuperQuickThinker August 1, 2014 / 11:45 pm

    INTERVIEWER talk normal please!!!!!

  9. Jeremiah d August 1, 2014 / 11:52 pm

    shit, I just bought a super cheap mouse on ebay via china :-/

  10. ThinkFree August 2, 2014 / 12:54 am

    Damn, don’t know who NAS is lmao.

  11. Mario Jefferson August 2, 2014 / 1:52 am

    i would guess naz would get bitcoin because he is fully abreast of the
    economic disempowerment of black people not because of the significance it
    plays to the financial markets. 

  12. Pat Jack August 2, 2014 / 4:41 am

    The mass adoption of technologies has been perpetuated by political
    campaigns throughout the history of the United States. Every single major
    technological advancement in society has been perpetuated by political
    campaigns, they are the first and continue to be the early movers, indeed
    the “viral” movers in spreading mass adoption of technology and innovations
    in technology.

    The general population is more engaged during major election cycles than at
    any other time. Big political campaigns are big, fast movers of ideas at
    every level.

    Political campaigns HIRE the celebrities and the stars to perform for their
    campaigns, not the other way around.

    When bitcoiners politically engage, when they finally do this and realize
    their petitions and memes and screaming and yelling at authoritarian
    figures are both ineffective and impotent, when bitcoiners use their
    bitcoin as political speech, as money in the political competitions they
    will stand up and say “I was first” to support that candidate who signed
    that legislation that protected bitcoin, and then and only then, will they
    be “great”, until that time, it’s an endless scrambling to try and get
    celebrities and notables saying good things about bitcoin, which in the end
    will not equal the potential media generation that a major political
    candidate running on a bitcoin platform will generate by WINNING a major
    political race. In the end, it comes down to who makes the legislation, and
    who signs the legislation.

    If all of the energy and resources being spent by the bitcoin community,
    energy and resources that are going into ineffective strategies to limit
    the damage that regulations may cause to the bitcoin ecosystem, when all
    that venture capital going into hiring lobbyists, buying major writers and
    buying space in major publications to vent displeasure and anger at the
    regulators, capital and resources that is going into the lobbying of
    incumbent politicians, who know little to nothing about bitcoin, when that
    energy and those resources go into donating a dollar, or a quarter to a
    political candidate risking their career and their reputation to support
    bitcoin, when this happens, other people who know nothing about bitcoin
    will start to ask, “What is bitcoin?”, and mass awareness will have been

    You can donate a quarter’s worth, or a dollar’s worth of bitcoin to this
    candidate running for Alaska State House of Representatives:

    Or, you can bitch, and whine, and moan and make funny memes of Ben Lawsky
    and ignore the political candidates who both probably represent your ethics
    and your morals already, and represent and support bitcoin. Engage
    politically, or, let the status quo destroy you while laughing at you from
    behind closed doors, slammed shut in your face. Reality SUCKS … bitcoin
    is great and can be great.

  13. Steven Azzopardi August 2, 2014 / 5:10 am

    Google is doing it now 

  14. Pat Jack August 2, 2014 / 5:11 am

    BitPay is poised to enter ANY sector of the bitcoin ecosystem. As one of
    the largest merchant processors, the “freemium” model, is an entry into any
    sector of development by BitPay. When you process the transactions you
    gather a giant client list that then wants to enter into other sectors of
    the ecosystem, and Andreas understands all of this instantly. Other
    transaction processors are literally left in the dust by BitPay with
    BitPay’s freemium model. It astonishes some, but Andreas is just so far
    ahead in his thinking on these matters … it bores him.

  15. Pat Jack August 2, 2014 / 5:20 am

    Kristov Atlas will enjoy the potential for donors to political campaigns to
    remain somewhat anonymous. Political candidates are only required by law to
    report the value in USD of any in-kind donation, they don’t have to report
    what that in-kind donation might have been. So when donating to a political
    campaign, a candidate, using bitcoin, one only appears in the government
    publications on this matter as having donated USD.

    As well, donations aggregators for political campaigns which receive
    donations using credit cards, these aggregators collect the information on
    the donors to the campaigns and they sell that data, for HUGE MONEY.

    With bitcoin campaign donations, all the merchant services provider
    requires is the bitcoin, one can write and implement a database solution to
    document the donors to political campaigns using bitcoin such that their
    donor information never leaves the domain of the candidate and campaign,
    and that data is then only reported to government regulators as a donation
    made in USD, so bitcoin donors using bitcoin are not singled out and

    Political campaigns and candidates protect their donations information
    fiercely and are not in the business of selling, or reselling that data.
    PAC’s and political parties however do sell, buy and transact in that type
    of data.

    So if you are going to donate bitcoin to a political campaign, donate
    directly to the candidate, don’t donate bitcoin through a PAC, or a
    political party.

  16. Pat Jack August 2, 2014 / 6:03 am

    At 58:00, let’s spend our energy, when we talk about politics, let’s spend
    our energy on political issues that are good for bitcoin, on exploring and
    making an analysis of candidates that support bitcoin, seeking and
    exploring solutions to political issues that are very dangerous and
    threatening to bitcoin.

    How will bitcoin users that wish to run for political office know what you
    need from their representation if you don’t tell them? Answer, they won’t.

    Imagine a group of young girls at school in the bathroom in between a
    change of classes, and the one in control, the leader, tells all the other
    girls they aren’t allowed to talk about some certain subjects … what is
    the motivation of the censor, especially if the subject not allowed to be
    discussed is one that is of great importance?

    What are the motivations of people who are greatly affected by political
    power, but encourage others to avoid an exploration of solutions?

    “Be a good little bitcoiner and don’t talk about politics …”

    That sounds like fascist bullshit to me. Keepin’ it real.

  17. MedicalMarijuanaMini August 2, 2014 / 8:10 am

    darkcoin masternodes now have a cold storage feature so the 1000 drk is not
    actually stored on the masternode server but rather in your drk wallet that
    you hopefully keep in cold storage. no funds are at risk just like with btc
    cold storage. amazon even offers a free basic server for 1 year.

  18. WitnessOfNewLaodicea August 2, 2014 / 1:59 pm

    Best show ever. One thing that struck me is how much admiration was given
    for Patrick Byrne, and then the next topic was regulators and everyone
    started screaming “fascism.” Derrick even calls the superintendent (Ben
    Lawsky) “a symptom of a bigger disease… Fascism.” That’s absolutely
    true, but he’s just a symptom. What is the virus itself? Back-up, it is
    Patrick Byrne, or rather whales like Patrick Byrne. A guy who works hard
    to play a role that earns him adulation, but a guy who loves business, and
    who therefore worships the money that only business can provide him. He is
    a self-interested and proud power-seeker who will proudly and selfishly
    seek and assert power over bitcoin, and already is showing that he has that
    power in his hands. Look at how well he plays. But his game is the game
    of oligarchs, and the fascism that you see in the world is the result of
    the manipulation and greed of those oligarchs, even though they may very
    well start out with good intentions and a genuine desire to be righteous.
    But he is jumping in our pool, and like everyone else, he needs to eat and
    drink, and so now that he has jumped into our pool he must eat and drink of
    us, and since he is by far the bigger and stronger fish, we are competitors
    in a predator versus prey relationship. We have by operation of
    mathematical rules become his prey, even if we havent seen him bare any
    teeth yet outside of a gracious and optimistic smile. But this is where
    fascism comes from. It is when we accept the “leadership” of these
    magnates and give our trust to these charismatic figures when all the while
    they are drawing attention away from their incomparable feeding habits and
    talking their way into the sheepfold as wolves in wolves clothing. See
    it. Let it hurt. Its the truth. Byrne is the fascist, or at least he
    must transform into the fascist if he wants to survive as the heavyweight
    champion until the end of the match. The largest stakeholders in anything
    are at risk of failing anytime they cannot completely dominate and control
    their serfs. Harsh reality.

    And also note that Byrne only got so brave and pioneering AFTER Lawsky
    clarified the regulatory rules. Apparently Byrne found them to be to his

  19. Janne Ryynänen August 2, 2014 / 2:16 pm

    +thebitcoingroup here one upvote for you! +ChangeTip

  20. Anthony Labelle - Investor Vision August 3, 2014 / 3:10 pm

    Neil deGrasse Tyson, haha, good choice.

  21. Frank Flores August 4, 2014 / 12:58 am

    Wikipedia 2 – The best truth your bitcoin can buy!

  22. Tommy B August 5, 2014 / 4:32 am

    Great video. But very few people in the Bitcoin community seem to be
    addressing what I think is the biggest impediment to the future of Bitcoin
    in the USA. That is, the treatment of Bitcoin as Property by the IRS. I do
    not spend my BTC because I do not want to have to report a capital gain
    every time I buy something, so I simply hoard, and that is not good for
    Bitcoin. Why is the general public going to start using BTC on a regular
    basis if they have to report each purchase to the IRS? If someone buys a
    cup of coffee for .01 BTC that has appreciated $5, they technically have to
    report that.

  23. Evar Dion August 5, 2014 / 6:02 am

    to the bitcoingroup crew… if you want to learn more about the
    Isreal/Palestine conflict I would suggest you listen to some lectures by
    Noam Chomsky and Miko Peled on the topic.. both of them are Jews and have a
    long history and relationship with Isreal which includes many decades of
    activism on human rights.

  24. Mike Chappell August 5, 2014 / 7:37 pm

    I only listen to about 45 sec of this, but you sound like a retard. Stop
    talking like that, its dumb.

Comments are closed.