Today in Bitcoin News Podcast (2017-12-22) - Coinbase Fractional Reserve? - Bitcoin $13,200
Top story
“Our top story today, according to Twitter and others on Twitter, it may be possible that Coinbase has a problem. Just to explain it in a non-technical manner, according to Trace Meyer and Laurent MT on Twitter, Coinbase has a wallet with $1,465,196 UTXOs for $265 Bitcoins, revealing a failure to batch transactions, consolidate UTXOs, and use SegWid.”
On the tape
“$75,000 investment into Bitcoin and of course with a 30% haircut, he was down to $50,000 and he was freaking out.”
“We smoke Bitcoin says we're going to 100K in 2018 and they say, is that what Coinbase is doing?”
On air
Thomas Hunt, solo.