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Silk Road was closed and the FBI has arrested the man who runs and created one of the most sophisticated online drug bazaar to date. Ross William Ulbricht was arrested on Tuesday afternoon charging him with drug trafficking, money laundering and computer hacking, according to CNN Money on Oct. 2.
JK: I said I wouldn't get back into it unless there were the technical side taken care of, the legal side and the money behind it. We hired 7 lawyers to look at the legal side, and convinced Miron Cuperman who worked on PCI compliance at Google, to join as the CTO. He was an incredibly big fan of bitcoin and he's working for individuals full time now, he's pretty extraordinary. Having him really convinced me it was worth completing. We also raised 400, 000 in seed money and at this moment most people today are not taking a salary, so we're working really tough on this can.
12/5: South florida native Noah Schwartz joins the guys to speak about his big win in November at the WPT bestbet Jax Fall Scramble. BIG Dave and Joe also discuss the diminishing expectations of national holdem poker regulation, along with the recent controversy regarding multiple entry tournaments. [Visit Website] [Download MP3].
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Always someone to try fully grasp the relation of economics and politics, I asked our Argentine contact what life was like for that average Argentinian in Buenos Aires. She related how expensive in the victorian era for the typical person to get imported items. This resulted their particular most recent economic crisis of 2001-2002. When I discussed traveling overseas, she looked at me cross-eyed. There was not way this was possible on her behalf without saving for a long time.
12/18: Episode 12. Our guest is PokerStars Team Online member, occupational therapist, and all-around delightful poker player Adrienne Rowsome. She talks to us about getting ladies into the game, getting everyone have more fun at the table, you can shot at a 300/600 Omaha 8-or-better game, and meeting her husband through texas hold'em. [Visit Website] [Download MP3].
These projections would seem to indicate how the current policies of this Fed are not helping the economy to recover, usually are merely sustaining it artificially. The Keynesian school of economics explains this from concept of a liquidity trap, the Austrian school of economics explains this through the concept of malinvestment.
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