Podcast 386 – “Loose Ends Time”
Psychedelic Salon
Lorenzo Hagerty
4.8 • 568 Ratings
🗓️ 24 January 2014
⏱️ 87 minutes
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Summary
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| 0:00.0 | Greetings from Cyberdelic |
| 0:06.0 | Musicistic art chicks |
| 0:09.1 | Greetings |
| 0:11.7 | Greetings from Cyberdelic Space |
| 0:19.4 | This is Lorenzo and I'm your host here in the psychedelic salon. |
| 0:23.6 | And I want to begin by thanking some of our fellow saloners who have recently made contributions |
| 0:28.5 | to help offset some of our monthly expenses here in the salon. |
| 0:32.8 | And these nice people are Owen H., Auden H, Adam B, Flores M, and another anonymous Bitcoin donor. |
| 0:45.3 | Whomever you are, I thank you and all of our other supporters. |
| 0:48.9 | I thank you all from the bottom of my heart. |
| 0:51.5 | And for those who have been warning me away from Bitcoin, well, I hear you, |
| 0:57.0 | but there's a lot of activity now taking place in what I choose to call the Bitcoin aftermarket, |
| 1:03.0 | which is beginning to service businesses. While we all know that the feds took down Silk Road, |
| 1:10.0 | of course it only took a couple of days for it to get back online in the Deep Web. |
| 1:14.2 | But we also have now learned that the government is going to convert that huge cash of Bitcoins that they stole in their raid of Silk Road. |
| 1:24.6 | And they're going to convert it into U.S. dollars. So in a sense, the U.S. government has |
| 1:30.4 | already begun using Bitcoin itself. On top of that, I've also read that the porn industry has |
| 1:36.8 | begun accepting Bitcoin, plus there are now at least two Las Vegas casinos that are accepting it. |
| 1:43.8 | So now that the U.S. government, the porn industry, and Las Vegas are all on the Bitcoin |
| 1:49.0 | bandwagon, I have a hunch that Bitcoin is here to stay. |
| 1:54.0 | It's going to be interesting to see how this all plays out. |
| 1:57.8 | Now, in response to some comments that have been posted and emails that I've received, |
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