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Crypto Biz Magazine—July, 2014/Issue.02

Digital Currencies & Crypto Innovations—We observe and explore all aspects of the crypto world, including mining, financial trading, exchanges, development and business.

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BITCOIN IN THE BELTWAY—<br />

WHO, WHAT, AND WHERE IS CHARLIE?<br />

by BEN ISGUR<br />

I was lucky enough to be able to attend Bitcoin in<br />

the Beltway this past weekend, hosted by none other<br />

than the man who is probably the best known Bitcoin<br />

philanthropist, Jason King of Sean’s Outpost. When I<br />

say lucky enough, I mean it—for many reasons. First,<br />

I was local, and not always having to travel far makes<br />

events like this much easier to make it out to. Second, I<br />

was the recipient of Jason’s good will—I keep to a tight<br />

budget and wasn’t able to find a way to add in the<br />

price of attendance in time for the event, but he was<br />

kind enough to offer me a last-minute press badge so<br />

I could still come by and have a great time interacting<br />

with the community.<br />

However, the third, and most significant, reason I say I<br />

was lucky enough to attend, is the all-star list of speakers<br />

and Bitcoin businesses that were in attendance.<br />

For those not fortunate enough to be there them selves,<br />

I snapped a few pictures during my time there. There was<br />

quite a bit going on!<br />

The gentlemen and lady running BitPay’s booth were<br />

constantly swarmed by people wanting to talk to them.<br />

I couldn’t even find a time to get a quiet picture of just<br />

them and their booth, so I had to settle for this! I’ve heard<br />

Plenty of other big names in the cryptocurrency world<br />

were there as well, showing off the newest of the new.<br />

Mycelium’s booth was staffed by Dmitry Murashchik,<br />

or, for those that know him by his alias, Rassah, and he<br />

had a neat little new gadget from Mycelium to show off.<br />

What is that he’s holding, you ask? It’s called Mycelium<br />

Entropy. It’s a tiny random wallet generator that is<br />

designed to be plugged directly into a printer. It remains<br />

entirely offline during the process, and prints out a<br />

beautiful paper wallet. It can also print out 2-of-3 wallets,<br />

if you’d prefer. If you can see the tiny white button on the<br />

device, that is used to switch between the two modes:<br />

2-of-3 and single address. Dmitry had printed off test<br />

versions of each to show off the functionality, and while<br />

Page.52 July.<strong>2014</strong><br />

<strong>Crypto</strong> <strong>Biz</strong> Magazine<br />

of much worse problems than having your<br />

time demanded by interested potential<br />

customers, though.<br />

And even if I couldn’t get a solid picture<br />

of their booth, I didn’t walk away emptyhanded.<br />

I stole (was given, same thing)<br />

a stuffed copy of Bitpay CEO Tony<br />

Gallippi’s dog.<br />

I imagine the real-life version to be much<br />

cuter, but I bet that he doesn’t wear a<br />

Bitpay shirt!<br />

The Mycelium Entropy—plug into your printer, it<br />

prints a beautiful paper wallet, or 2-of-3 wallets<br />

the paper is simple, the functionality<br />

is both quite obvious and quite<br />

valuable. Mycelium intended to<br />

launch a Kickstarter for the device,<br />

but they’re being prevented from<br />

doing so by Kickstarter themselves,<br />

who claim that their project violates<br />

Kickstarter’s rule against<br />

providing financial services. If this<br />

device interests you, look to see a<br />

crowdfunding project going live<br />

very soon from Mycelium—and<br />

probably on a better website than<br />

Kickstarter; hopefully one that<br />

can understand the difference<br />

between financial services and data<br />

security services.<br />

Moving on… Also in attendance<br />

was BitMainTech, a Bitcoin mining

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