Update on bitcoin crash https://www.bloomberg.com/news/articles/2018-11-23/b…tocurrency https://paper.li/e-1437691924
Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy.
Following recent trends in state-of-the-art developments, from cryptocurrencies and universal basic income to biohacking and the surveillance state, transhumanism has been moved into the limelight of political discourse to reshape humanity’s future.
Andrew Vladimirov, Information security specialist, biohacker and one of the original members of the Transhumanist Party UK, spoke in-depth with Sputnik about the rise of transhumanism and its implications.
Bitcoin seems largely a ‘psychological’ currency whose value oscillates mostly in response to changes in folk’s opinions rather than shifts in some real underlying store of value, imo https://bitcoinmagazine.com/articles/when-fork-forks-what-yo…-goes-war/ https://paper.li/e-1437691924
Here’s what you need to know to get up to speed.
As a quick reminder, what is Bitcoin Cash again?
Continue reading “When the Fork Forks: What You Need to Know as Bitcoin Cash Goes to War” »
Multinational engineering and electronics giant Bosch recently highlighted a new device connectivity method which will work with the Iota marketplace, among other things, for real-time IoT (Internet of Things) data collection and sales.
Data Collection for the IOTA Marketplace
In a recent blog post the firm opened with a quote from 1999 from Nobel Prize winner Milton Friedman extolling the virtues of anonymously transferring funds on the internet, way before cryptocurrencies were even conceived. It continued to elaborate on the Iota ecosystem, its advantages over Bitcoin, and why it has been chosen as a partner.
Continue reading “Bosch Boosts IOTA With New Device Connectivity For IoT Data Collection” »
Cryptocurrency millionaire Jeffrey Berns has revealed plans to develop a large parcel of Nevada’s desert into a smart city powered by blockchain technology.
Berns, who made a fortune selling cryptocurrency last year, plans to transform the 67,000-acre (27,113-hectare) plot in the north of the US state after paying reportedly paying $170 million (£130 million) for the land.
The site known as Innovation Park, which neighbours hubs of major tech giants including Google, Apple, Switch and Tesla, is already home to the headquarters of his company Blockchains – an incubator that supports ventures and businesses using blockchain technology.
Continue reading “Blockchain millionaire plans smart city in Nevada desert” »
At Quora.com, I respond to quetions on Bitcoin and Cryptocurrency. Today, a reader asked “Will we all be using a blockchain-based currency some day?”.
This is an easy question to answer, but not for usual Geeky reasons: A capped supply, redundant bookkeeping, privacy & liberty or blind passion. No, these are all tangential reasons. But first, let’s be clear about the answer:
Yes, Virginia. We are all destined to move,
eventually, to a blockchain based currency.
I am confident of this because of one enormous benefit that trumps all other considerations. Also, because of flawed arguments behind perceived negatives.
Continue reading “Will we all be using a blockchain currency some day?” »
Maria Bustillos is founder of the blockchain supported publication, Popula. I stole the title of this post from her essay at Medium.com (linked below).* I hope that Maria considers it a tribute rather than title-plagiarism. Her article is blocked by a pay wall, so allow me to explain a concept that confounds even a Nobel Prize winning economist. My take on the issue is somewhat different than Ms. Bustillos.
The difficulty understanding or appreciating Bitcoin boils down to a misconception that the dollar is backed by something more tangible, such as gold, guns or the promise of redemption. Not only is this an illusion, but Bitcoin is backed by something far more tangible, intrinsic and durable.
The illusion that “real” value emanates from government coupled with a robust consumer economy has been woven into our DNA for millennia. But, the value we attribute to a Dollar, Euro, or Yuan is a result of conditioning rather than any intrinsic value. That same conditioning has led us to believe that there is something sane and inherent in a nation that controls its money supply and its monetary policy.
Most public works projects—power generation, space ships, or the telephone network—were controlled by government in the past. If not, they were regulated as a licensed monopoly. This creates a choke point, a lack of competition, and a gaping opportunity for inefficiency, mismanagement or graft. It defies a free market economy and it concentrates power in the hands of politicians. But, at one time, it seemed necessary.
Continue reading “You don’t understand Bitcoin because you think money is real” »
