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Wall St & Silicon Valley Both Embracing Bitcoin? | Trace Mayer

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Jason Burack of Wall St for Main St had on returning guest, lawyer, accountant, author of The Great Credit Contraction and Bitcoin investor, Trace Mayer, JD

During this 30+ minute interview, Jason asks Trace about the Silk Road trial where Ross Ulbricht was convicted of being Dread Pirate Roberts.

Jason and Trace discuss what role governments want to play in Bitcoin and crypto currencies and if they only want to regulate it or if they actually want to kill it?

Jason and Trace discuss what role governments will play in regulating Bitcoin going forward. Trace thinks the US government is forcing Bitcoin and block chain companies to leave the US but that these businesses will still be able to grow and flourish outside the US.

Next, Jason and Trace discuss some of the recent investments into Bitcoin. Large US corporations are investing millions into Bitcoin and block chain companies.

Jason asks Trace about the cyber security problems the world is now dealing with and where block chain technology fits into solving those problems.

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