Impeach Trump With Crypto, Ethereum Fork, McAfee 2020 | Hodler’s Digest


In the U.S, the government is at a stalemate–Trump
is still no closer to getting his wall. And in the U.K, Theresa May is even further
away from securing a Brexit deal–in short, the world is in turmoil. By contrast, the crypto world has been relatively
stable, but nothing lasts forever. Pablo Escobar’s brother wants to impeach
Trump with his new cryptocurrency, unintentionally paving the way for a more crypto friendly
2020 candidate: John McAfee. Also this week, Russia has no plans to hodl,
the Ethereum Constantinople hard fork is coming, and a New Zealand crypto exchange goes down. Ladies and gentlemen, I am Molly Jane and
this is your weekly Hodler’s digest. But first, let’s have a look at the latest
market updates. The long-awaited Ethereum Constantinople hard
fork, scheduled for Wednesday this week, has been postponed due to vulnerabilities in the
upgrade. According to crypto audit firm ChainSecurity,
it turned out that the Ethereum upgrade Constantinople might be vulnerable to reentrancy attacks,
in which malicious actors can steal cryptocurrency from smart contracts on the network. The unexpected delay seems to contradict previous
claims, according to which the upcoming fork was going to happen smoothly. A day before the scheduled fork, Ethereum
Core developer Lane Retting told Bloomberg: “I really can’t imagine a less contentious
hard fork, to be honest. Of all the hard forks in the history of Ethereum,
it’s probably the least eventful one.” Among other technical changes, the fork will
significantly reduce rewards for miners, from 3 to 2 ETH per mined block. This is considered a necessary adjustment
in Ethereum’s transition process from the current Proof of Work to a Proof of Stake
consensus algorithm. Unlike the controversial Bitcoin Cash hard
fork, Constantinople should not result in the appearance of competing coins, as the
upgrade secured widespread approval in the Ethereum mining community. Also, major players such as Kraken, Coinbase
and Binance confirmed their support for the upcoming fork. We reached out to Lane Rettig and asked him
what is going on with the upgrade. If we don’t upgrade the network every so often
and that’s. It could be 8 months, 12 months, 18 months. Some somewhere in that timeframe right. Then what happens is the block times actually
begin to tick up. So we target 14 seconds but it could go to
15 seconds, 18 seconds and it increases exponentially. So what that means is if we don’t hard work
and we still don’t hard fork in six months twelve months go by the entire network just
freezes and dies. I do think there is a level below which mining
is not profitable. Right. So for example we’re going from 3 to 2. If we were to go down to point one per block
then I think it’s very likely a lot of miners would stop mining because at that point they’re
probably losing money on electricity or hardware or something. But we did math and we did analysis and we
believe that to if there is still more than enough to cover the costs for most miners. The original road map that Vitalik shared
was always a transition to Proof of Stake when it’s ready. And to say slightly more I mean I think one
of the big factors is that it’s energy efficient whereas proof of work wastes a lot of electricity
as you know. Another reason is that we believe it’s more
egalitarian and more decentralized and more fair because anybody who holds Ether the
minimum is the 32 Ether which you know today is something like five hundred or four hundred
U.S. dollars worth of ether can participate and stake and earn rewards whereas in mining
today you know you need to invest thousands of dollars in hardware. The only thing in this hard fork in this upgrade
that could possibly be contentious is the reduction of block rewards. There’s nothing else contentious about it. It’s all just good stuff like reducing gas. Adding new cool nifty things to etheum
virtual machine and the reason I thought that the reduction in issuance would not lead
to a contentious hard fork is basically the reason I already said which is that we had
all the large miners we’d been in touch with then we discussed it with them and we had
their support. The specific technical issue that caused the
postponement is we know exactly what it is it’s very clear. And one thing we may decide to do which is
the simplest possible thing to do is we just go forward with Constantinople and we leave
out that one EIP. That’s not a big deal. That’s I think that it would take us one day
to prepare technically to do that. The thing is though there’s some bigger questions
here that we may want to discuss. Right and these are questions like we had
six months eight months to prepare for this and to review this EIP. How did we all miss this problem until the
last minute. The first exchange hack of 2019 did not keep
us waiting too long. Early this week, New Zealand-based exchange
Cryptopia halted all trading activities after detecting a security breach. Even though Cryptopia is yet to disclose the
exact stolen amount, it has been reported that around $3.5 million worth of crypto was
moved to unknown wallets a couple of days before the hack was detected. Later in the week, Binance CEO CZ claimed
that a part of the stolen funds were moved to Binance and were consequently frozen. The hack ignited an animated debate on social
media, with some blaming Cryptopia’s weak security system, and others voicing suspicion
that the hack might have been an exit scam orchestrated by Cryptopia itself. We reached out to crypto security expert Anatoly
Woolf, and asked him to comment on the issue. 2018 was a disaster for crypto exchanges. We have seen over a billion dollar stolen
from crypto exchanges. Just to name a few, Coincheck, Zaif, Nicehash. They do not pay enough attention to cybersecurity,
the answer is pretty simple. Most of them are young companies, with no
well-formed cyber security department. Some of them simply do not have CISO, chief
information security officer. They do not have all the security solutions
in place. They do not have proper web application firewall,
they have plenty of misconfigurations, they are continuously developing. In a continuous development sometimes business
is a higher priority than security. The security is getting better, for sure it
is getting better, but the attacker model is getting more sophisticated as well. But while some crypto exchanges fear for their
futures, other seem to have learned the lesson. This week, Japanese exchange Coincheck obtained
a license from the local financial authorities, thus joining the list of the regulated exchanges
of Japan. Just one year ago, Coincheck lost around half
a billion dollars in one of the biggest hacks in the history of crypto. After a long period of inactivity, Coincheck
won back the trust of institutions by implementing a series of safety, governance and risk management
measures. Roberto Escobar, the brother of legendary
colombian drug lord Pablo Escobar, launched a new cryptocurrency as a fundraising effort
to impeach U.S. President Donald Trump. The new Escobar token is an Ethereum based
stablecoin which will be pegged to the U.S. dollar. Escobar is leveraging the controversial legacy
of his defunct brother to promote the impeachment efforts. “I am afraid of Pablo Escobar” reads a
fictional quotation attributed to president Donald Trump and shared on the main page of
the campaign. According to the campaign’s website, raised
funds will be used to gather intelligence and pay lawyers and lobbyists to go against
Trump. Some of them will serve to develop further
the Escobar, which is supposed to become Tether’s direct competitor. Escobar decided to embrace crypto after the
previous attempt to raise $50 million dollars on the crowdfunding platform GoFundMe did
not succeed as the campaign was blocked, allegedly, by the Trump Administration. Escobar Inc. CEO Olof Gustaffson said: “After raising $10 million in just 10 hours
we were shut down by GoFundMe and within 24 hours launched the Escobar stablecoin cryptocurrency
to avoid anyone censoring us again. We believe the Trump Administration
or President Trump shut us down.” We launched Escobar stable coin, Escobar token
and we sold out within five days the whole ICO. We sold almost a billion coins and they are
1 to 1 USD. So it was very successful, we had a lot of
big Democrats that came in, some congressmen. This story spread like wildfire here in the
United States. A lot of people don’t like Trump. And obviously, Pablo Escobar has a pretty
good history at getting rid of people that he doesn’t like. So that’s what it used to be one of his specialties. Trump doesn’t like Mexicans and Latinos and
obviously, this is a Latino-based company, South America-based company. So we stand up for those rights. Even though some people may think that our
company is a little bit different, not such a nice company, we think we’re nice, we think
we’re very nice. But one thing is for sure: we represent the
Latinos and there’s a lot of Latinos in America. And that’s why we got all this money. We launched this ICO, we sold out in five
days. We thought it was going to take three months. We had a ticker for 119 days – 120 days and
we sold out in five days. Now what happened is, we did a code audit. We built the smart contract over a year ago. So we audited the smart contract. We found some vulnerabilities and we’re reissuing,
we did deploying a new smart contract and we’re rebranding the Escobar token and we’re
given all those token holders a swap into the new coin which is going to be called Q
USD. We’re going to launch for trading on January
24th. We’re launching the coin for trading Q USD. We have multiple exchanges that we’re getting
listed on. The one that I’m allowed to say now is CoinTiger. They’re doing a big campaign and they’re going
to be crossing it against everything and we’re going to take over the Tether market on Coin
Tiger. So it’s very interesting, we had a good discussion
with them and what we’re trying to do is basically to remove USD Tether, to remove all these
other coins that are stable coins and go in and take over the market. And we’ll do it one exchange at a time. We are taking this quite seriously and we
are really speaking with multiple attorneys with experience in this and also security
contracting firms that have in other parts of the world actually removed presidents or
replaced them or have been involved with the gentle switching of presidents in other countries. Now it’s not going to come to anything too
crazy like that. It’s going to be a legal process. Of course, the more money we make, the more
we’re going to put towards Trump. But let’s say this way: if this was in the
1980s, we would have already impeached Trump. He would have already been impeached a long
time ago. So now it’s a little bit different. Now you have to do it the legal way. That’s why it takes time. But we have the best lawyers and we know what
we’re doing. We’re meeting these congressmen. We’re meeting a lot Congresswoman yesterday
and everybody hates Trump man. People don’t like this guy. So let’s get rid of him, but let’s do it legally. It was falsely reported this week that the
Russian state was considering buying $10 billion worth of Bitcoin, ostensibly to circumvent
sanctions. The story made it from the Twitter account
of an obscure Russian economist to the Daily Hodl; and then all the way onto the pages
of major U.K. newspaper the Telegraph. It soon transpired this economist, who was
reported to have links to the Kremlin, had no other sources than himself; and the figure
of $10 billion? That’s anyone’s guess. However, as is the case with a lot of misreporting,
there is a grain of truth to these claims. Russia has significantly cut its dollar holdings
to lessen the impact of sanctions, there are rumblings of a crypto bill in parliament and
Dmitry Medvedev, the Russian PM has recently come out in support of crypto. In early January, it emerged that Russia had
cut its dollar holdings by $100 billion and increased its Euro and Renminbi holdings as
part of a broader anti-sanction effort. The logic behind this move, according to Russia-Chinese
relations expert, Alexander Gabuev, “We almost certainly lose a bit over yuan
devaluation, or we less certainly lose a lot on sanctions from hell. And the Kremlin thinks: better safe than sorry.” Lower down from the Kremlin, the Russian State
Duma is planning to discuss a crypto bill most likely in February. Despite the fact that there was no mention
of a $10 billion investment in Bitcoin, this is a positive indicator that the Russian state
is warming to crypto. A further sign of this was Medvedev’s recent
comments, that ‘a bear market is not a reason to bury crypto.’ adding ‘there is both a bright side and
a dark side here, as well as in any social phenomena and any economic institution. We should monitor carefully what is going
on in the space.” Finally, while it is not possible for the
Russian state to convert its dollar holdings into Bitcoin, there is a precedent of other
states, like Iran and Venezuela, who have made efforts or at least discussed circumventing
sanctions with crypto. We spoke to Kayla Izenman from the Royal United
Services Institute for Defence and Security Studies about the sanctions against Russia
and crypto. It obviously makes sense that Russia would
want to circumvent sanctions in general so that they can transact with people not only
in the US specifically but in the global international financial system without relying on the use
of the dollar or relying on other whoever they’re transacting with to be ok with potentially
being subject to secondary sanctions or anything like that. So you know these comments of come out
saying Bitcoin cryptocurrency is the best way for us to circumvent the financial system
to not rely on dollars. All these things. So in that sense the intent is there. They’ve said they want to do it. They’ve also shown initiative regarding blockchain. Putin has met has met with Vitalik Buterin
the founder of Ethereum. So you know they’re very aware of crypto. The way that you would need to circumvent
sanctions on a state level isn’t necessarily through like a national cryptocurrency basically
the way you would need to do it isn’t through a national cryptocurrency but more through
replacing or coming up with a parallel to the financial system where you can settle
accounts only through crypto which is a scale of adoption that as of right now is unprecedented
but would make it you able to transact without dollars. The trouble with cryptocurrency is that it’s
not inherently like not subject to sanctions because if it’s used as a transfer value then
it’s sort of inherently subject to sanctions. A better case study in that case is looking
at North Korea which I’ve done a lot of research and two for this sort of thing. And North Korea is hacking Southeast Asian
cryptocurrency exchanges. You know they’ve had at least five or so within
the past two years have been confirmed as North Korea and then more have been suspected. And if you look at that they’re hacking for
massive amounts of money. They got this money. Obviously we don’t know what they’re doing
with it. They could fundraise they could spot stockpile
all of these things but they’re getting that money. Granted the difficulty comes with you then
you can pay people and have the financial system move around like that. Or are you cashing out into your currency
which makes it more difficult but either way that would mean that you’re getting a certain
amount of money from illicit activities and that money isn’t subject to sanctions. If Trump avoids impeachment he could eventually
face getting primaried. On the Democratic side Elizabeth Warren, Tulsi
Gabbard and Richard Ojeda have thrown their hat in the ring to become the next president
of the United States. Joe Biden, Bernie Sanders, Kamala Harris and
a whole host of others are yet to declare their intentions. One man who announced his candidacy last year,
a man who in his own words, “No one in their right minds would vote for,” is none other
than libertarian crypto wild man, John McAfee. His platform, he claims, would fit on the
back of a matchbox. The sole item is freedom for the people; don’t
ask him about education, immigration or foreign relations because, again in his own words,
he knows nothing about them. This week he teamed up with little-known YouTube
rappers Coinbros to release his campaign song, “McAfee 2020” ♫♫♫ Coinbros “McAfee 2020” ♫♫♫ In the song, the bros describe the presidential
candidate as the ‘realest *beep*’ they ever met and made claims he would fight corruption. The Coinbros, whose goal is to eventually
go 100% crypto, believe that McAfee is the man to achieve this, in their own words: Crypto
to the forefront, we’re one step closer. This is the second time the YouTubers have
worked with McAfee. Previously they made a music video with him
where they rapped/warned people not to mess with his dogs. The lyrics reference allegations that he murdered
his neighbor in Belize after his dogs were poisoned. Other allegations from his time in Belize
include rape. Outside of the crypto world, it is unlikely
the McAfee 2020 campaign will gain much traction, but if it does, we could see the media take
another look at his time in Belize. Would buy the Escobar if you knew it would
impeach Trump? Comment below! And as always, remember to like, subscribe
and hodl!

95 thoughts on “Impeach Trump With Crypto, Ethereum Fork, McAfee 2020 | Hodler’s Digest”

  1. cheap "impeach him" click bait… – please point to the moment Trump said he doesn't like Latinos or Mexicans… LOL old news.. old fake strawman attacks….  this is like age-old news.. so they did/ are going along with this fake ICO – laughable jokes of wanna be gangsters.. daddy Escobar would be embarrassed….

  2. The minimum ETH for pos is 32 .. he says this is something like five hundred or four hundred U.S. dollars.

    ??? Did I missed something?!
    It’s more like 1 BTC today ~ 3000-4000$

    Wtf?

  3. You’re promoting a drug kingpin and murderer? Really? This story doesn’t deserve the amount of time allocated. A mention? Sure, but not a quarter of the video

  4. LOOK AT THOSE FUCKING GANGSTERS THINKING THEY ARE GOING TO GET RID OF KING TRUMP, HA HA HA, FUCKING TYOICAL SCAMMING LATINO PRICKS

  5. Miners and scammers would be idiots Not to fork Out their own etherium Cash. They could donate to tromp hate Wall. Free Money! Betherium, etherium Cash.

  6. Wtf?? 32 Ethereum is more than 3200 dollars!! A mining machine for Bitcoin is 1500$!!
    Proof of Stake more decentralized? More secure?
    That's clearly a joke!
    Ethereum is selling his soul to the devil…. RIP Ethereum!

  7. Whether you like trump or not… seriously he hasn't been found doing anything that qualifies for impeachment. Not liking the man is not grounds for impeachment.
    For the record, I'm in the middle, I don't not like him, nor like him.

  8. Yes I'm seeing way too many videos and pieces about crypto with political biases. What's more they're often leaning towards the hard left. The irony being that many of these ideologies (like the EU) are highly CENTRALISED and in sync with big central Banks. So please do not try to say that a non-trump administration or a functioning European union would be better for crypto. That is a fallacy

  9. Bitcoin is definitely going below $3,000 sooner than we think and truly speaking, the possibility of it dropping to as low as $1,000 is very possible. Nobody knows for sure the future with bitcoin or the ALTS and speaking about capitulation and a reversal where the bulls take charge completely, you can only be sure when its already happened. Hopes where high when the 6 month MA was broken about 1 week ago only to be pushed right back below the resistance again. A year ago, we thought it was a capitulation when btc dropped from about $20,000 to $6,000 and it was expected btc will quickly rebound with the bulls again and now, its happening all over with talks of capitulation whereas, a carefull study of the trend shows the coin will keep dropping with no strong signs of ever recovering. What i and all other smart persons are doing right now is accumulating and finding a working system to use in expanding that portfolio over and over again until the bull run. I got 3 more btc last month and now, with the help of Simonsen Lorenzen, i have grown that to 11btc already and i intend adding another 3btc every other month and growing them so with this strategy, when bitcoin value eventually start skyrocketing, i would have had a very good stock in my portfolio. I would sincerely love to thanks everyone that posted about and recommended Simonsen Lorenzen signals and strategy because speaking with him gave me a clearer understanding of how to make money and propelled me into this system of his where i use his patterns and signals to increase my portfolio. He is one of the best analyst and strategist and i would also love to give me recommendation because his system works. You can reach him for any crypto-related assistance on [email protected] or whatsapp (+1-518-351-9039)

  10. If you take 5 minutes to understand how impeachment works you’ll know that you have to first get it passed in Congress and THEN 2/3’s vote in the Republican controlled Senate – which will NEVER HAPPEN. How about you raise funds to remove the Venezuelan dictator so those people can stop suffering from starvation??

  11. Escobar Token – Scamm Alert !!!!!!!! – Diet Bitcoin – what the left won't do to spend other peoples money – straight up a mother fuckers nose bitch.

  12. I can't stand when non-political outlets or organizations randomly reveal their partisan leanings. The Trump Administration has several pro-blockchain people on board, has criticized the FED, has the support of Rand and Ron Paul, who are notoriously anti-FED and pro-blockchain, and don't seem completely beholden to the big banks. In contrast, Hillary Clinton was exposed in private speeches assuring big bankers that she's on their side. Furthermore, Bill Clinton was a keynote speaker at a Ripple conference, and Ripple does not represent the decentralized, fair monetary system aims of the crypto-community.

    I've been into crypto for many years and for the longest time, it was a mixture of libertarians, anarchists, and libertarian/conservative types like Nick Szabo who seems very pro-Trump based on his regular Tweets. Over the last couple years, we've suddenly seen a lot of these anti-Trump liberals and Democrats entering the space, the type who say "Bitcoin sucks but blockchain is the next big thing". These people do not represent the heart of our community and don't understand what the original goals were with Bitcoin.

  13. uhh Trump is pro crypto. He instructed the military to look into it for military purposes. Told his kids about Bitcoin, and is instructing his faster payments task force to improve cross borders payments. Over 30 touch points with this task force is tied to Ripple. He has also been anti Fed LONG before he ran for President.

  14. funny the amount of people that don't know what impeach means. They seem to think it means remove from office or something. So stupid

  15. First time I ever gave a thumbs down on this channel. Don't legitimize murderers like Escobar. He does not represent the latino community.

  16. The democrats are the only thing old and Stagnant, Paleeez keep your Biased Lying Liberal agenda out of Cryptos!!!

  17. Can't believe cointelegraph is even giving this know con artist airtime. DISGRACEFUL!!! TAKE IT DOWN! UNSUBSCRIBED!!!

  18. Can't believe you would even intertain the idea of impeaching a pro-crypto/anti-fed President by promoting the son of a murdering, drug dealing POS!! This is a SAD day for crypto!!

  19. Fuck Trump this man has been the worst thing to ever happen to the country. They should impeach him and exile the idiots that voted for him. This man has been the most corrupt president in history. No one can say he has done nothing deserve impeachment until the report by the special counsel comes out. They should also throw out all the cowards in the Republican party who were to scared to stand up to him. This man is a total fraud was never a good businesses man. He bankrupted countless business his daddy gave him what amounts to 400 million dollars in today's economy. He was born a rich privileged person that cares nothing about the average working man. He takes credit for a good economy that he inherited from the previous administration. No one with any brains wants to work for him. Half the positions in his administrations are still unfilled. He's countless cabinet officials under investigation for fraud. I mean come on people wake the fuck up!

  20. Woah there are so many hate comments here I didn't even realize it was that bad. I guess that's because I'm not from the US but damn! I could see that you guys are fed up with these things I didn't know it was that bad. I never thought I'd see the day when I'm glad I wasn't in America. Because of crypto I'm liberated. Broke, but liberated.

  21. if all these nations decide to use bitcoin to circumvent sanctions than western countries will be forced to ban bitcoin….not sure why people are excited about this.

  22. How can Cointelegraph give voice to 2 gold chain wearing guys (both aren't latinos by their name) raising Escobar Inc.? High chances of being a SCAM!!!

  23. i'm not so sure about all the altcoins whose creators brand them with their heads on the icons. wondering that's why they don't have so much hashrate than bitcoin

  24. This whole impeach Trump thing is getting old. I by no means think Trump is the best president, but he's not worse than Obama, Bush, or Clinton as far as the presidency is concerned.
    – Do you remember, "If you like you're healthcare provider you can keep it". Then proceeded to deny that And jack up your healthcare bill by more than half, with Less coverage.
    – Or They have weapons of mass destruction, we Need to go to war.
    – Or we'll bring our soldiers back, Then proceeded to go to war in another region.
    – Didn't hear all this impeach them speech then. But you'll shout it for Trump because he's trying to keep our borders safe?

  25. America simply can not be a refuge for the whole world. People need to stay in their own countries and create their own 1776! I am a huge fan of Brazil's new president, Jair Bolsonaro. Other Latin American counties need to follow his lead! It is as simple as that!

  26. I read that crypto is alt right and never believed it, but reading all these pro trump comments makes me sick. It seems true. Just so you know, in Europe we view him as a clown.

  27. So the "hate Trump coin" story was over 20% of the video and the title started with "Impeach Trump". Your bias is showing. How shameful.

  28. 3:40 he says the minimum is 32 ether for stake but then says that is 300-500 USD? Does he mean 3.2 or is he only saying it costs that much to promote Pos as being cheaper.

  29. -1 Sub now… horrible to see a democratic chosen leader getting bullied all the time, the left screwed up big time and now they are a bunch of demonics. We don't need this in our "decentralised" and "uncensored" space Cointelegraph!

  30. Know your audience. We are all pretty much libertarians, or close to it. Having a one-sided view on a political topic is marketing suicide. For example, someone can think that Trump is not the best dude for office, but any rational person (which I would say are most people here) would agree that a foreign group trying to impeach our president is a much larger threat. Cheers.

  31. It’s another SCAM!!

    El portal estadounidense de noticias y chismes TMZ aseguró en una publicación que el hermano de Pablo Escobar, Roberto Escobar, pretende sacar a Donald Trump de la Casa Blanca, para lo que estaría recaudando 50 millones de dólares en donaciones. Sin embargo, Escobar le confirmó a SEMANA que la información es totalmente falsa y que ya prepara una demanda ante la Fiscalía General de la Nación para que investigue dichas afirmaciones: "Enviaremos una copia de ese documento al presidente Trump".

    The US news and gossip portal TMZ said in a publication that Pablo Escobar's brother, Roberto Escobar, intends to remove Donald Trump from the White House, for which he would be raising $ 50 million in donations. However, Escobar confirmed to SEMANA that the information is completely false and that he is already preparing a complaint before the Attorney General's Office to investigate these claims: "We will send a copy of that document to President Trump.

  32. Those lips….cant concentrate. They are too intense. Lipstick should be minimal/discrete. And for the outfit to have a balance her hair needs to be more "blond" overall she is too "dark". If you wear dark colors you also need some PANG light/positive colors to break up the "dark/depressive colors" 🙂 I just know instantly when I see it what is wrong 🙂 Love your curls. Your a good looking girl with the curls and lips haha. So good that men cant focus.

  33. 15:50 Girl. nothing is comfirmed in 2018/2019. Nobody knows what the truth is any more. It is easy to fake country x do a hack and blame them. We will never know the truth behind hacks. Those behind is the people the government want to be behind it in other words.

  34. I will support any removal of corrupted politicians – the legal or non-legal way. ( they are all corrupted and liars )

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