Why The Bitcoin Greenlist is Structurally Dangerous to the Bitcoin Ecosystem
Several days ago three Bitcoin businessmen based in New York, Alex Waters, Yifu Guo and Matt Mellon, came out with an announcement that has made waves in the Bitcoin community. Their new business, Coin Validation, seeks to create a more regulator-friendly Bitcoin ecosystem by maintaining a Bitcoin "greenlist" - a database of Bitcoin addresses tied to....
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The IDESG or Identity Ecosystem Steering Group recentlyfiled paperworkwith the Commonwealth of Virginia to incorporate the IDESG as a nonprofit corporation. The IDESG was basicallyspun out of NISTor the National Institute of Science and Technology to "administer the development of policy, standards, and accreditation processes for the Identity Ecosystem Framework." In April 2011, President Obama signed(PDF) the NSTIC or the National Strategy For Trusted Identities In Cyberspace where public and private players are collaborating on the creation of an "Identity Ecosystem"to address"(1) the....
There are countless elements in Bitcoin that structurally instill the process of Schumpeterian creative destruction into its ecosystem.
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero.
Bitcoin Structurally Incapable of Delivering on Its Promise
In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment.
Although he concedes that Africa has one of the highest cryptocurrency adoption....
A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.”
British Bank Publishes ‘Ethereum Investor Guide,’ Formulates the Economic Case for Ethereum’
The British multinational banking and financial services giant Standard Chartered has published a report on the two leading cryptocurrencies. In fact, the report is....
Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold. Dangerous Time to Be in Stock Market, Buy Bitcoin Billionaire investor and Galaxy Digital CEO Michael Novogratz explained his view on the best investments as the November U.S. presidential election approaches in Wednesday’s episode of CNN’s Markets Now show. “I think in the short run we saw the high....