Can a Privately Regulated Public Blockchain Boost Bitcoin’s Legitimacy?
With the recent false accusations by various media outlets regarding the involvement of Bitcoin funding the terrorist attacks in Paris, a new topic of discussion has been creeping up among the community members. One of the ideas being talked about is how Bitcoin should do more to prevent these terrorist allegations, and take things one step further to....
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The bitcoin 'China Syndrome' fills the news these days with attempts by Chinese authorities to steer bitcoin legitimacy. This gives us an excellent opportunity to contemplate and reiterate the core attributes of bitcoin's overall strength. Bitcoin shows that national fiat money systems are an artificial construct. The debates around regulation are really restrictions on getting into or out of the US dollar rather than getting into or out of bitcoin. Dollar and other national currency endpoints will always be regulated. Aside from the fact that bitcoin survives and outlasts political....
The Boost community has seen huge developments in the last month. Features from the highly anticipated Boost DeFi app have started going live and by mid-November even more will be available. Boost’s native token, Boost Coin, has seen amazing results so far. Analysts are predicting Boost Coin will reach $1 as the app gets closer […]
On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank digital currency (CBDC). Jerome Powell Confirms Fed-issued Digital Currency Is Underway Sen. Pat Toomey (R-Pa.) asked Powell during his confirmation hearing for a second term as Fed chairman whether there was place for a future Fed-issued digital currency to coexist with a privately issued stablecoin. Toomey asked: “Is there anything about that that should preclude a well-regulated, privately issued stablecoin....
Dash and Monero, two of the top ten cryptocurrencies, gained the following based on their improved privacy options. Monero is ranked as the most privatized money in the world, and while Dash has shifted focus to usability and a robust governance since abandoning the Darkcoin branding, it nonetheless features a Private-Send option for even more anonymous transactions. While both of these currencies certainly boast greater technical features than Bitcoin in the privacy department, the strength of these privacy offerings is diminished without a way to obtain them privately, especially without....
Recently, I discovered a cool new service that allows anyone to verify an idea, document, or file on Bitcoin’s blockchain. Bitproof is one of the first companies to expand on the idea of document storage within the blockchain, one of the many uses of Bitcoin 2.0, the next generation of blockchain functionality. Bitproof is one of many companies participating in the Boost VC incubator in Silicon Valley. Boost VC was founded by Tim Draper and currently provides funding and mentoring to several Bitcoin startups. After looking into Bitproof.io more, I knew that I wanted to write about it.....