The last decade has seen one challenge after another — financial crises, political turmoil, to name a few. There are several use cases for Bitcoin. One use case in helping journalists, activists, and people under sanctions and hyperinflation. Human Rights activists and journalists have used Bitcoin for funding, to buy resources, or to stay under the radar. They can do this because of the pseudo-anonymous … Continue reading Emerging Countries Provide Use Cases For Cryptocurrency
Bitcoin and cryptocurrency seem to be at a use case crossroad: Payments vs. Investments. Bitcoin was intended to be used as peer-to-peer electronic cash, as stated in the Bitcoin white paper. The crypto space has longed for the adoption of cryptocurrency as payment that at Starbucks or McDonald’s. In a recent earnings call, ICE head Jeffrey Sprecher said transactions are essential to bitcoin becoming a … Continue reading HODLing Won’t Grow An Economy
At a recent conference, Christopher Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission (CFTC), detailed how the U.S. Government orchestrated the Bitcoin crash of 2017/2018 in an interview with Coindesk. “We saw a bubble building, and we thought the best way to address it was to allow the market to interact with it.” Bitcoin in 2017 had risen to a historic high of … Continue reading Did the U.S. Government Burst the Bitcoin Bubble of 2017?
One of my favorite films on wine is the documentary Sour Grapes. A story of fraud and scandal in the world of wine and wine auctions. Of a man who passed fake wines off as authentic to some of the wealthiest collectors in the world. What can collectors and auction houses do to combat these frauds? One answer is Blockchain Technology. At its basic level, … Continue reading Wine & Blockchain Technology: In Vino Veritas/Vires In Numeris
On October 18, 2019, Poloniex announced spinning off from Circle into a new company, Polo Digital Assets, Ltd. Poloniex would be backed by a “major” Asian investment group. While the announcement said that this investment group would focus on global crypto traders, those traders do not include U.S. based traders. Beginning October 18, 2019, U.S. based users will no longer be able to create and … Continue reading Poloniex Closing to U.S. Customers
In a previous article, In Defense of Privacy, I wrote that we should not fetishize privacy, we should demand privacy. While I stand by that, we run into the issue that most of our privacy is degraded and put at risk because we willingly and nonchalantly provide our data. I’m as guilty of this as anyone else so what can we do? Is it possible to … Continue reading Data in 2019, more valuable than oil
On Thursday, July 11th, 2019, a miracle happened. Donald Trump, the 45th President of the United States, managed to unite (however briefly) the various factions in Cryptocurrency…against him. In a series of tweets, President Trump declared his views on Bitcoin: Tweet 1: “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on … Continue reading President Trump Unites Crypto…Against Him