The Wild West Crypto Show Tracks Alt Currency Ups and Downs

Episode 93 of the Wild West Crypto Show marked another wild week in crypto land. Hosts Drew Taylor and Brent Bates noted how the crypto market appeared to be moving up and down like an old pump jack. The show took a decidedly political slant as Michael Johns, a founding member of the Tea Party, proffered his views on the current impeachment proceedings. Later in the show, Bitcoin Ben, Litecoin Lisa and Bix Weir talked with Taylor and Bates, giving a plug to Bitcoin Ben’s Texas Meetup.

Last year’s meetup, which took place in Blanco, attracted about 800 people, according to Bix Weir. This year, organizers are shooting for 1,500-2,000. The weather should be fine, as Bix has issued a “no rain” order, although to whom, it isn’t quite clear. This year’s Texas meetup will take place from 10:00 a.m. to 6:00 p.m. on Saturday, April 4, at the Wildass Hey Barn in Kerrville. Free cowboy hats will be available to maintain the dress code (http://nnw.fm/pZY7H).

For his regular weekly brief, Jonathan Keim, Director of Communications at CryptoCurrencyWire, had another trio of fascinating developments to report. He started with the news that ‘FanWide Brings FanChain Crypto to 10,000 Sports Bars Across the United States’.

SportsCastr, the live streaming company backed by the NFL Players Association, recently announced the launch of its FanChain cryptocurrency on FanWide, a platform that helps fans find local game-watch parties for their favorite teams. As part of the launch, sports fans can now earn FanChain tokens, known as ‘FANZ’, for checking into viewing parties at thousands of sports bars across the U.S. The tokens can be redeemed for cash through SportsCastr’s FanWallet (http://nnw.fm/8UMm0).

In other news, Grayscale has reported another record year. Grayscale, the world’s largest crypto management firm, took in a record $607 million of investment in 2019, more than its total inflows over the past six years (http://nnw.fm/un4HI).

Finally, the news that ‘Bakkt’s consumer app is coming in 2020, and it’ll look more like PayPal than Coinbase’ should bring cheer to the crypto community. Bakkt’s consumer app will consider any form of value that is digital as digital assets, including cryptocurrencies like bitcoin. This means that the app could also support virtual goods such as loyalty reward points and equities. The possible inclusion of equity trading, a portal for merchants and a wide array of other assets would make the app closer in nature to a traditional fintech product like PayPal than a crypto-native offering that allows retailers to accept bitcoin, like Flexa (http://nnw.fm/e47Zm).

For the latest episode, which includes CryptoCurrencyWire’s ongoing segment featuring the latest news from around the world, visit http://nnw.fm/mWP1y

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