Thursday, January 8, 2015

Free Bitcoin Crowdfunding -- Kickstarter switches to Stripe -- MaidSafe Responds

This episode was produced in partnership with

Good Morning Bitcoins!

Lighthouse to challenge Kickstarter with fee-free crowdfunding -- thanks to Bitcoin.

Kickstarter ditches Amazon Payments and Switches to Stripe -- could Kickstarter be accepting Bitcoin soon?

MaidSafe responds to questions about defensive patents instantly in the comments and appears for over an hour and a half on the World Crypto Network, answering every question until they dropped.

Today is Thursday, January 8th, 2014 -- We’re gonna tempt your tummy, with the taste of bitcoin and honey, its a honey of an B, it’s MadBitcoins on TV!

This episode was sponsored by Bitstamp: one of the largest exchanges, offering a simple and easy-to-use interface with excellent and responsive customer service, allowing people from all around the world to buy and sell Bitcoin -- at

Here are Today’s MadBits:

Lighthouse Beta To Challenge Bitcoin Foundation's Control of Core Funding

Bitcoin Developer Mike Hearn has launched Lighthouse, a new bitcoin backed crowd funding platform with zero fees.  Hearn created the site to provide funding for additional bitcoin developers.  Hearn was critical of the the Bitcoin Foundation which despite it’s large endowment only employees three full time developers.

Hearn also said that because of Lighthouse’s no fee model the site could be used for any kind of crowdfunding project, especially smaller projects that would be unsuccessful on Kickstarter or IndieGogo’s because of their fees.

The Lighthouse website has already been supported by Bitcoin Millionaire Olliver Janssens who has pledged $50,000 to the first Bitcoin development project on the site.

Kickstarter Ditches Amazon for Stripe -- a 'Simpler, Faster and Easier Checkout Process'

When Amazon announced that it would be winding down it’s Amazon Flexible Payments program in 2014, it was clear that Kickstarter and other sites that used Amazon for payment transfers would have to make a change.

And they have made that change -- for the better.  Kickstarter has partnered with Stripe, a San Francisco based payment processor who will allow users to sign up instantly to use their service, an improvement on Amazon’s service which took several days to create a new account.

Stripe is a well known supporter of Bitcoin, beta testing Bitcoin in 2014 and is expected to go live later this month with 0.5% fees (that’s right, half of one percent in fees!).  It’s unknown at this time whether or not Kickstarter will accept Bitcoin, but.... Fingers Crossed!

Clearing the Air Over MaidSafe’s Patent Request: An Interview with COO Nick Lambert

After a recent CoinTelegraph article accused MaidSafe of devious patents, MaidSafe went on the defensive, putting on a stellar press response that bitcoin companies in the future may want to study and add to their own playbooks.

MaidSafe’s lead developer David Irvine responded directly to CoinTelegraph in the comments section and quickly took to the airwaves on the World Crypto Network where he was joined by Jaime Nelson and Susanne Tarkowski from BitNation for more than an hour and a half of questions and answers where Irvine answered every question and more.  Truly a tour de force and a stark contrast to other Bitcoin companies who respond to press questions by banning and blocking the questioners.

The issue was one of defensive pattents.  MaidSafe has recently created a Foundation and filed several defensive patents to protect their work and to prevent pattent trolling by outside parties.  This is the right way to do things and resepect to MaidSafe for taking these important preventative measures.

Additionally MaidSafe has open sourced their code under the GPL3 or Gnu Public License, the original copyleft license written by Richard M. Stallman himself which is the most protective of all the open source licenses, which ensures that all derriviative works will be distrubted under the same license, ensuring that the code will truly be free forever.  The code is available on Maidsafe’s GitHub.

Meanwhile Bitcoin Prices are down slightly after a quick run up to $300 with WinkDex reporting a last of $288 -- a high of $300 and a low of $285.

Litecoin is at $2.03 cents a coin.

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