# Bitpay on The No Agenda Show

Bitpay comes up in 5 chapters across 4 episodes of The No Agenda Show, from March 2013 to January 2015.

- **Chapters:** 5
- **Episodes:** 4
- **Discussed:** March 2013 – January 2015
- **Related topics:** [Bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [Bay Bridge](https://search.noagendashow.net/topic/bay-bridge.md), [Chinese Steel](https://search.noagendashow.net/topic/chinese-steel.md), [Chuck Schumer](https://search.noagendashow.net/topic/chuck-schumer.md), [Currency](https://search.noagendashow.net/topic/currency.md), [Currency Exchange](https://search.noagendashow.net/topic/currency-exchange.md), [Earthquake Machine](https://search.noagendashow.net/topic/earthquake-machine.md), [Etf](https://search.noagendashow.net/topic/etf.md), [Kyc](https://search.noagendashow.net/topic/kyc.md), [Money Laundering](https://search.noagendashow.net/topic/money-laundering.md)

## Chapters 1–5 of 5

### Bitcoin Bowl, BitPay Sponsorship, Russian Ruble ETF

- **Episode:** [682: Sir Duke Don Tomaso Di Toronto Presents](https://search.noagendashow.net/episode/682-sir-duke-don-tomaso-di-toronto-presents.md)
- **Published:** 2015-01-01
- **Time:** 1:24:02–1:26:28
- **Transcript:** https://search.noagendashow.net/episode/682-sir-duke-don-tomaso-di-toronto-presents/chapter/bitcoin-bowl-bitpay-sponsorship-russian-ruble-etf.md

The "Bitcoin Bowl" in Florida, sponsored by BitPay, signaled a push for cryptocurrency adoption, with over 100 businesses in St. Petersburg now accepting Bitcoin. In financial news, the RSX ETF is highlighted as a way to track the Russian economy, which has seen significant volatility as the ruble remains oversold.

Keywords: bitcoin bowl, [bitpay](https://search.noagendashow.net/topic/bitpay.md), [st. petersburg](https://search.noagendashow.net/topic/st-petersburg.md), rsx, [russian ruble](https://search.noagendashow.net/topic/russian-ruble.md), [etf](https://search.noagendashow.net/topic/etf.md)

### Bitcoin Volatility and the Silk Road Aftermath

- **Episode:** [567: Marketecture](https://search.noagendashow.net/episode/567-marketecture.md)
- **Published:** 2013-11-21
- **Time:** 1:40:40–1:45:31
- **Transcript:** https://search.noagendashow.net/episode/567-marketecture/chapter/bitcoin-volatility-and-the-silk-road-aftermath.md

Bitcoin's price volatility is discussed following congressional hearings on virtual currencies. The hosts argue that the extreme price swings prevent it from being a stable currency. They also debunk the idea that the Silk Road offered "cheap" drugs, claiming that the escrow and Bitcoin conversion costs made illicit purchases significantly more expensive than street prices.

Keywords: [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [silk road](https://search.noagendashow.net/topic/silk-road.md), [volatility](https://search.noagendashow.net/topic/volatility.md), [currency](https://search.noagendashow.net/topic/currency.md), [mt gox](https://search.noagendashow.net/topic/mt-gox.md), [bitpay](https://search.noagendashow.net/topic/bitpay.md)

### Chuck Schumer and Congressional Bitcoin Hearings

- **Episode:** [567: Marketecture](https://search.noagendashow.net/episode/567-marketecture.md)
- **Published:** 2013-11-21
- **Time:** 1:45:31–1:51:48
- **Transcript:** https://search.noagendashow.net/episode/567-marketecture/chapter/chuck-schumer-and-congressional-bitcoin-hearings.md

Senator Chuck Schumer's comments during Bitcoin hearings are analyzed, specifically his focus on "near anonymity" and criminal use. BitPay CEO Tony Gallippi testified about "Know Your Customer" (KYC) policies to separate legitimate users from illicit actors. The hosts express concern that such regulations will eventually be used to de-platform alternative media and "unapproved" actors.

Keywords: [chuck schumer](https://search.noagendashow.net/topic/chuck-schumer.md), [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [bitpay](https://search.noagendashow.net/topic/bitpay.md), [money laundering](https://search.noagendashow.net/topic/money-laundering.md), [regulation](https://search.noagendashow.net/topic/regulation.md), [kyc](https://search.noagendashow.net/topic/kyc.md)

### BitPay Merchant Services, Transaction Fees, and Volatility Risks

- **Episode:** [503: Ninjas in Mongolia](https://search.noagendashow.net/episode/503-ninjas-in-mongolia.md)
- **Published:** 2013-04-11
- **Time:** 5:37–9:09
- **Transcript:** https://search.noagendashow.net/episode/503-ninjas-in-mongolia/chapter/bitpay-merchant-services-transaction-fees-and-volatility-risks.md

BitPay allows merchants to accept Bitcoin by converting it to local currency for a 1% fee, though the timing of these transfers creates risk during rapid price fluctuations. A hypothetical scenario explores how a merchant might lose money if the exchange rate drops between the time of a sale and the daily bank transfer. The discussion questions the long-term viability of such services in a "whipsaw" market.

Keywords: [bitpay](https://search.noagendashow.net/topic/bitpay.md), merchant services, [qr code](https://search.noagendashow.net/topic/qr-code.md), transaction fees, [currency exchange](https://search.noagendashow.net/topic/currency-exchange.md)

### Bitcoin Market Trends and California Infrastructure Concerns

- **Episode:** [499: Spam Horse](https://search.noagendashow.net/episode/499-spam-horse.md)
- **Published:** 2013-03-28
- **Time:** 3:27–5:19
- **Transcript:** https://search.noagendashow.net/episode/499-spam-horse/chapter/bitcoin-market-trends-and-california-infrastructure-concerns.md

The hosts review the current price of Bitcoin, which has reached $94, and discuss the process of selling through BitPay. The conversation shifts to a hypothetical earthquake in California, specifically targeting the new Bay Bridge. Concerns are raised about the use of Chinese steel in the bridge's construction and the potential for a catastrophic failure.

Keywords: [bitcoin](https://search.noagendashow.net/topic/bitcoin.md), [bitpay](https://search.noagendashow.net/topic/bitpay.md), [earthquake machine](https://search.noagendashow.net/topic/earthquake-machine.md), [chinese steel](https://search.noagendashow.net/topic/chinese-steel.md), [bay bridge](https://search.noagendashow.net/topic/bay-bridge.md)

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