“Mt Gox is a Toxic Brand” - Pantelis Roussakis, Australian BTC Association VP Interview
The Coin Telegraph had a chance to sit down with Pantelis Roussakis, Vice President, Australian Bitcoin Association, who lost an undisclosed yet ‘substantial’ sum as a result of the Mt Gox collapse. Coin Telegraph: Do you think BTC exchanges should be regulated to prevent another Mt Gox scenario? Pantelis Roussakis: Yes I do. If nothing else, this event underlined that Bitcoin itself needs no regulation, but the players do. These are the people that we have to trust, the businesses that hold our accounts. And because you have two or three levels of security for your account, you feel safe.....
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Despite losing a considerable amount of money on the Mt. Gox exchange, Australian Bitcoin Association Vice President Pantelis Roussakis is convinced that crypto-currencies are the way of the future. “What I realized after Mt. Gox is that Bitcoin is about more than the money,” he said in an interview with the Coin Telegraph. “It is a protocol to apply to human society – it’s clean, it’s self regulating.” Roussakis, who delivered a TED Talk in late 2013 on the future of money, sees crypto-currencies as a way of adding value to personal interactions and volunteer labor. “There are real world....
The Australian Bitcoin Association announced today that it will officially accept new members, having completed the process of becoming a fully-fledged legal entity. Membership of the Australian Bitcoin Association is open to Australian citizens only. The ABA's constitution stipulates that the organisation has eight board member positions, seven of which are already filled. The remaining seat is open to both corporate members and individuals. Membership fees are in line with the US bitcoin Foundation, with whom the Australian association has signed an affiliate agreement. This makes it the....
A recent debate has arisen around toxic maximalism in bitcoin; but does this really affect anything?
Erik Voorhees is embarrassed by toxic Bitcoin maxis and told a podcast: “I don't know when they got into Bitcoin, but absolutely that is not the community that I come from in Bitcoin.” Erik Voorhees, the founder and CEO of ShapeShift, has revealed in a podcast that he felt embarrassed and disgusted by the behavior of Bitcoin maximalists at the 2021 Bitcoin conference in Miami. A Bitcoin OG who can see some merit in altcoins, Voorhees spoke on a panel during day two of the Miami conference in June. He caused a stir when he said “Did I hear someone on that prior panel say ‘If you’re against....
Toxic Bitcoin Maximalism can serve an important purpose to ward off newcomers from scams and altcoins, but is there a time when the toxicity is too much?