Bitcoin Creates a New Economic Elite - Bad News for Friday, May 29th

You’ve heard of the top 1%, but is it possible you are in the top 0.5%? If you’ve got at least 10 Bitcoin in your wallet, you are. Bitcoin has also topped $9000 again. Is the move to $10K finally in sight? And China intends to use their new digital currency to compete with the us dollar.<br /><br />One hedge fund manager says the government may make it illegal to hold gold, while a Trump nominee for the Federal reserve envisions that a gold-backed crypto currency could become a thing.<br /><br />The Brave browser has beaten Zoom to the punch for encrypted video calls, and Cryptokitties will soon be playing hoops.<br /><br />We’ve got a lot of nifty news and nifty things to discuss, as well as the launch of a nifty new show.<br /><br />It’s our super awesome crazy ridiculous yet somehow still just a little serious nifty Bad News episode #412 of The Bad Crypto Podcast.<br /><br />Full Show Notes at: <a href="http://badco.in/412" rel="noopener">http://badco.in/412</a><br /><br />SUBSCRIBE, RATE, & REVIEW:<br />Apple Podcast: <a href="http://badco.in/itunes" rel="noopener">http://badco.in/itunes</a><br />Google Podcasts: <a href="http://badco.in/google" rel="noopener">http://badco.in/google</a><br />Spotify: <a href="http://badco.in/spotify" rel="noopener">http://badco.in/spotify</a><br /><br />FOLLOW US ON SOCIAL MEDIA:<br />Twitter: @BadCrypto - @joelcomm - @teedubya<br />Facebook:  /BadCrypto - /JoelComm - /teedubyaw<br />Facebook Mastermind Group: /BadCrypto<br />LinkedIn: /in/joelcomm - /in/teedubya<br />Instagram: @BadCryptoPodcast<br />Email: badcryptopodcast[at]gmail[dot]com<br />Phone: SEVEN-OH-8-88FIVE- 90THIRTY<br /><br />DONATE CRYPTO TO THE SHOW:<br />If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:<br /><br /> $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ<br /> $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328<br /> $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr<br /> $DOGE Dogecoin:  DMngvNMX1U8Sg8PkD