Daily Bitcoin & Cryptocurrency News - 2/19/2018

• ‘Crypto Genius’ James Altucher Seeks $280 Million Valuation for Blockchain Startup Bitzumi
• Ellen DeGeneres Is ‘Down With’ Bitcoin

‘Crypto Genius’ James Altucher Seeks $280 Million Valuation for Blockchain Startup Bitzumi

“Crypto genius” James Altucher is back, and he’s got big plans.
Altucher, the so-called “face of Bitcoin,” and his company, Bitzumi, are seeking to raise $10 million to launch a full-service blockchain startup that will, among other things, feature a cryptocurrency exchange.

Comment: Naw, people hating on Altucher right now but everyone trying to make that paper – don’t be hating, respect his hustle and grind. But foreal tho $280 million? I should be starting my own exchange

Source: https://www.ccn.com/crypto-genius-james-altucher-seeks-280-million-valuation-for-blockchain-startup-bitzumi/

Ellen DeGeneres Is ‘Down With’ Bitcoin
If there was any doubt that bitcoin is making its way into the mainstream, Ellen DeGeneres has just dispelled those myths. Telling her audience that she’s ‘down with’ bitcoin, Ellen used her comedic talent to describe bitcoin by comparing the top cryptocurrency to a goat and even talking BTC price. She used her ability to communicate with the masses to explain how in her quest to learn more about bitcoin seemingly turned her into a fan.

Comment: Here is what exactly happened during the show -

"So how does it work... What is it?"
It's a currency built on Blockchain te...
"A what chain? Bock chain? Like a chicken BAWK BAWK"
audience erupts in laughter
hah... uh, no, it's blockchain... It's a protocol that allows miners to compete in a race to complete a predetermined hash rule. It's built on the idea that the community controls the ledger in a decentralized manner. No banks needed.
"You know, let me stop you there just to mention there is only one race I see, the human race. Am I right everybody?"
audience applauds, camera pans to overweight woman wiping a tear from her eye
Yes, that's a nice sentiment Ellen. Umm, so the whole idea is that the community upholds a singular, public ledger that keeps track of everyone's claim to their Bitcoins. It's really fas...
"BITCOIN! SOUNDS LIKE... LIT-COIN! HEEEEEY!"
hip hop music starts playing, Ellen dances on her chair, two ripped black men run out from back stage and throw their shirts into the crowd. Everybody loudly chants "ELLEN! ELLEN!"

Source: https://www.ccn.com/ellen-degeneres-is-down-with-bitcoin/