How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs instead of challenging the very narrative that is gambling everyones’ future for small gains today. With Inflation Historically Behind the Collapse of Economic Empires, Bitcoin Offers A Way Out Many people point to the last financial crisis of 2008-2009 as the juncture where moral hazard....
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In the Spring of 2015, the Federal Communications Commission modified its common carrier regulations to include Internet Service Providers (ISP), essentially creating net neutrality in the United States. Now, Republican presidential hopeful Jeb Bush hopes to reverse the FCC’s decisions and overturn those regulations, returning the ISP industry to the way it used to be. Bush’s argument for repealing net neutrality maintains that the regulations hinder consumer welfare — rather than increasing it — and harm smaller ISPs. Bush’s official campaign website published a blog post titled “The....
A new Australian political party called Flux is aiming to ‘upgrade democracy’ and change the way Australians vote by using the Flux app built entirely on the blockchain platform. What is the Flux? This is a tool that enables Australians to participate directly with parliament, making the need for trust in elected officials to become a thing of the past. On July 2, the Flux Party are putting up 13 candidates for election to Australia’s Senate in federal elections. By using a cellphone app, Australians who can prove they are registered voters will be able to inform elected represented....
Bitcoin is a payment mechanism designed to level the playing field, driving out unnecessary costs and making it possible for even the lowest income members of society to participate in the economy. But it relies on a free and open Internet to do so. In the US, the rules governing Internet access are changing, threatening net neutrality - the principle that lets everyone use the Internet in the same way. Where would that leave bitcoin and other cryptocurrencies? It helps to think of the Internet like a giant switched city road system, with packets of information traveling along it from....
"For all the talk about credible neutrality and building infrastructure, this would have been the time to abstain, but he chose self-preservation," said DAO member Eric Hu. Brantly Millegan will be staying on as the director of the Ethereum Name Service Foundation after casting more than 363,300 votes against a decentralized autonomous organization proposal to remove him.According to a tally of roughly 3.7 million ENS DAO votes recorded at the end of the voting period on March 5, more than 1.6 million were against removing Millegan as director of the ENS Foundation — 43.39% of the vote.....
The United States Federal Communications Commission (FCC) recently voted to end "net neutrality," which will allow internet service providers to charge fees for faster connection speeds. Many have decried this decision, although it is still unclear what ultimate effect this will have on the internet service industry. In the meantime, many cryptocurrency enthusiasts-especially those considering an investment in mining equipment-wonder how this decision will affect them. CCN obtained an exclusive interview with the CEO of a prominent mining hardware company to tackle this important issue.....