Trump Vs. Bitcoin, Japanese Exchange Hacked | Coffee and Crypto

In the premiere episode of the new Cointelegraph series “Coffee and Crypto,” head of editorial Olivia Capozzalo and head of news Molly Jane Zuckerman discussed the latest news in the cryptocurrency industry.

Latest news in the cryptocurrency industry

In the video, Capozzalo and Zuckerman discuss United States President Donald Trump criticizing Bitcoin (BTC) and Facebook’s Libra stablecoin, the European Central Bank’s recent statements about Bitcoin, and whether BTC is a currency. Zuckerman also talked about the hack of Japanese exchange Bitpoint, which yesterday published the breakdown of crypto assets stolen in the 3 billion yen (~$27.8 million) hack of its platform earlier this month. 

Capozzalo spoke about an American computer scientist that has managed to mine Bitcoin on a 52-year-old Apollo guidance computer. Those are the very same computers that were used to navigate the first moon landings by the National Aeronautics and Space Administration in the 1960s.

Cointelegraph’s head of editorial shared a story about how she first learned about cryptocurrencies in 2013, but wasn’t a fan initially.

“I felt like Trump,” Capozzalo said, in reference to the president’s recent tweets about crypto. 

As Cointelegraph reported earlier this month, Donald Trump voiced his opposition to cryptocurrencies as a whole, citing Bitcoin and Libra specifically. He stated that he is “not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”