NOTE: This should be the last video with questionable Video/Audio. In this 5th Episode of CryptoScam I am joined by Paul Sztorc (aka of Bitcoin Hivemind & Truthcoin). In this episode we explore the value proposition of Augur. We spend a lot of time on the early days how it was originally designed based on Paul's published work. We then discuss how the Augur token came about and question it's use case. We close the show discussing the concepts of Decentralized Prediction Markets and why they are needed. Paul Sztorc's published criticism of Augur http://bitcoinhivemind.com/blog/case-against-augur/ Truthcoin White Paper (Peer-to-Peer Oracle System and Prediction Market): http://www.truthcoin.info/papers/truthcoin-whitepaper.pdf Donations: 162ShMve5zEV6L16mdLrFhthRPzvtzqhYT Twitter: @ToneVays Web: LibertyLifeTrail.com YouTube: https://www.youtube.com/c/tonevayslibertylifetrail Co-Host: Paul Sztorc Twitter: https://twitter.com/Truthcoin Web: http://bitcoinhivemind.com/ and http://www.truthcoin.info/ Tone Vays Consulting Services: Currently available for Short-Term consulting contracts Globally (remote or in person) at the following rates + travel expenses if any. Price of Bitcoin Less Than $1,000 == 0.15 bitcoins/hr Price of Bitcoin $1,000 to $3,000 == 0.10 bitcoins/hr Price of Bitcoin Greater Than $3,000 == 0.05 bitcoins/hr Reach out via email: Tone@protonmail.ch