Is US politics divisive enough to make crypto a partisan issue?
While no longer the leader of the Democratic Party, Hillary Clinton's comments on crypto could have the potential to create more partisanship among lawmakers regulating digital assets. As the perceived legitimacy of blockchain technology increases, politicians in the United States have shown a growing interest in turning this non-partisan technology into a topic of political divisiveness.Speaking via video to an audience of the Bloomberg New Economy Forum in Singapore on Friday, former presidential candidate Hillary Clinton said while cryptocurrencies were an “interesting” technology, they....
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David Golumbia, an assistant professor in the Department of English at Virginia Commonwealth University, an aspiring political pundit, and the author of the recently published book, The Politics of Bitcoin: Software as Right-Wing Extremism, denounces Bitcoin in a recent blog post titled Trump, Clinton, and the Electoral Politics of Bitcoin. “[What] concerns me about Bitcoin is how it contributes to the spread of deeply right-wing ideas in economics and political philosophy without those right-wing associations being made at all explicit,” says Golumbia, adding that the freedom and....
David Floyd // Twitter. Writing on Nasdaq.com, bitcoin observer David Floyd claims the quest to increase the size of the bitcoin block is a critical issue for establishing bitcoin as a major currency. The quest, however, has no ready solution, Floyd notes in his essay, titled, "The Crypto-Cold War: Bitcoin's Politics of Scalability." Floyd, who writes about investing, energy and politics, says at present, bitcoin's processing capability dwarfs in comparison to Visa, which can process 56,000 payments per second. Increase The Block Size? Increasing the bitcoin block size could solve the....
Allaire also sees political moderation as the best scenario for continued crypto development. One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC's Squawk Box on Monday to argue that the Biden administration will push crypto forward as part of a broad effort to update infrastructure:"I think that they will ultimately be supportive because this is an infrastructure change as big as the initial commercial internet, and they're going to be focused on infrastructure....
One thing to be aware of in our world is, sadly, politics. Yes, Politics. It's 'smart-people' term for 'yelling about government.' Take it from me, Calvin Tran. I was oddly fascinated with politics in 3rd grade with the election of George Bush VS John Kerry. I was the typical brainless child who stood by his parents's opinions and with no real understanding of politics. This came back in 2011 when I discovered Ron Paul, and (yes, I can see your eyes rolling) I became enthused with the Libertarian ideals of free market principles and social freedoms. Since then, I've been enthralled by....
Bitcoin and politics. They may soon go hand-in-hand. Financially speaking, of course. The Federal Election Commission will reportedly consider a request on Wednesday to officially allow political campaigns to accept bitcoin donations in the mid-term elections coming up. The news comes as bitcoin continues its rapid growth and more organizations are embracing the digital currency, which allows for easy transactions less hefty fees charged by traditional card processors. A non-partisan political group by the name of Make Your Laws made the request, which they're hoping will be approved. Make....