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Last year, crypto KYC and AML requirements came bursting onto the scene with thunderous applause and approbation. Many traders felt like the ICO sector was rife with scammers and con artists. In this sense, they believed there would be redemption through government. The scammers and hucksters would go to prison for defrauding investors and all […]
The post Following the Crypto-Anarchist Dream: 3 Reasons to Reject KYC and AML appeared first on Bitcoin News.
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The following opinion piece on Holacracy was written by Max Borders, director of Social Evolution and author of The Social Singularity. Imagine turning on your mobile device one morning to find only two apps: Red and Blue. It’s bad enough that these are the only two choices. Only one works at a time–and not very […]
The post Holacracy: Governance in an Age of Innovation and Subversion appeared first on Bitcoin News.
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Some tin-foil hat conspiracy theorists believe government devised and built bitcoin as weaponized money to enslave the people. They think Big Brother made the technology to subjugate everyone, and that politicians are somehow benefiting from the technology. In an odd twist of logic, these people believe bitcoin represents a state-sponsored tool for control. Also read: Regulations […]
The post Weaponized Money: Thoughts on the Creation and Control of Bitcoin appeared first on Bitcoin News.
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This rebuttal to Dr. Doom, AKA Nouriel Roubini, was written by Thomas Schouten, the Head of Marketing at Lisk. Schouten holds a Bachelor of Science in Business Administration and a Master of Science in Strategic Entrepreneurship from Erasmus University Rotterdam. Nouriel Roubini, a long time skeptic of cryptocurrencies, unleashed another wave of negative rhetoric recently, aiming to undermine the […]
The post Debunking Dr. Doom: Building a New Global Economy on a “Glorified Spreadsheet” appeared first on Bitcoin News.
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The hype surrounding blockchain and cryptocurrency has simmered to a dull roar. Last December, the markets spiked as traders drooled over the thought of lining their pockets. They believed they would be billionaires. They had erotic dreams of lambos, mansions, hookers and blow. Many of them embraced a get-rich-quick, shit-brained mentality. They put speculation over […]
The post The Death of Hype, Amara’s Law and the Crypto-Anarchist Dream appeared first on Bitcoin News.
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When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging […]
The post Bitcoin Intentions: Are We Aiming to Replace the Status Quo or Become Them? appeared first on Bitcoin News.
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The following op-ed on crypto privacy was written by Reuben Yap. He is the Chief Operations Officer of Zcoin. A corporate lawyer for ten years, specializing in institutional frameworks, Reuben founded one of SE Asia’s top VPN companies, bolehvpn.net. He graduated with a LLB from the University of Nottingham. One of blockchain’s most notable and valued […]
The post Cypherpunk Essentials: A Beginner’s Guide to Crypto Privacy appeared first on Bitcoin News.
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Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation – it turns out the wasted capacity of […]
The post How Bitcoin Mining Can Help Nuclear Reactors appeared first on Bitcoin News.
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Governments and corporations have deployed censorship to limit speech and deprive people of vital communication channels. The ruling elite are trying to shush activists and freethinkers, but they are losing control and lashing out in frustration. This is why the emergence of decentralized tools and uncensorable money is more vital than ever. Also read: Bitcoin […]
The post The Value of Uncensorable Technology in an Age of Censorship appeared first on Bitcoin News.
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On Oct. 10, Blockstream revealed that the company’s new product, Liquid, generated its first block on Sept. 27 and noted that a lot of the crypto-economy’s “biggest players” participated. Since Blockstream announced the launch of its federated sidechain, the technology has been praised by some and dismissed by others. Also read: BCH Devcon Streamlines Bitcoin Innovation […]
The post Bizarro World: Federated Sidechain Technology Promoted Over Nakamoto Consensus appeared first on Bitcoin News.
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