Is Self-Sovereignty The Only Path Forward For DeFi?
Accessing decentralized finance should be possible without centralized intermediaries. Unfortunately, most people only now realize how many of these entities there are and the damage they can do to the broader ecosystem. 2022 And beyond needs to be about self-sovereignty before things spiral out of control even further. It is essential to look beyond promises […]
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Mark Moss joins a group of Bitcoiners to discuss self-sovereignty and how to use Bitcoin and other tools to achieve it.
Open-source Bitcoin and Lightning Network node developer Umbrel has released an update including multiple sovereignty-enhancing features. The post Latest Umbrel Update Further Improves Bitcoin Privacy, Self-Sovereignty appeared first on Bitcoin Magazine.
From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current crisis. Why Everyone Wants a CBDC Now There is a lot of discussions in economic forums and reports in the financial press these days about central bank digital currencies (CBDCs) and how they can help with building a new post-Covid economy. Many countries in various regions are said to be....
In a remarkable acknowledgement of Bitcoin’s power over the fiat system, a Nigerian senator conceded to hyperbitcoinization. The post Acknowledging BTC Sovereignty, Nigeria Becomes Bellwether For Hyperbitcoinization appeared first on Bitcoin Magazine.
We are living in a new world. As Andreas Antonopoulos put so eloquently, "now that we have crypto-currencies, it's not sovereignty that determines currency, it's currency that creates sovereignty." Bitcoin has helped declare independence for the Internet, and it appears it will continue to disrupt the status quo until that independence is recognized. If we've learned anything from P2P technology, it's that our rules bend around the tech, not the other way around. But if our rules bend around the tech, could we one day be living in a world where our borders do too? Take the concept of....