How Bitcoin Leads to Voluntary Government
More people could view taxation theft when Bitcoin gives them a chance to opt-out. While the Bitcoin community is usually willing to accept anyone with open arms and no political discrimination, the reality is that there is certainly a political aspect to the technology surrounding cryptocurrencies. The politics of Bitcoin are rather supportive of a more voluntary government, and there isn't really any way to get around this issue. While bitcoins or other cryptocurrencies could definitely be used as the main form of currency to support basically any form of government, the difference with....
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A new decentralized app, or 'DApp', is aiming to challenge the idea that we need government taxation and welfare to take care of the poorest and most needy members of society - through an ambitious project to provide a basic income for anyone who needs it. The Basic Income project was announced this week by so-called 'Governance 2.0' service Bitnation, and is being developed in partnership with Johan Nygrenm of Reslience. Me. The idea behind the project is simple - to provide welfare support to people who need a little extra help during the tough times in their life, funded through....
BitMarkets is an already-launched P2P marketplace similar to the much-touted OpenBazaar. Its protocol integrates Bitcoin for buying and selling, but its client software is currently only available for Mac OSX. Regarding compatibility with other operating systems, lead developer Steve Dekorte says: BitMarkets is just one product in Dekorte's wider umbrella at Voluntary.net. Also included is a customized Bitmessage client for BitMarkets called BitPost, as well as a Tor relay node customization program called TorBar. Dekorte spoke with CoinTelegraph about BitMarkets and Voluntary.net's....
UK Government Funds Research in Digital Fintech and Promotes Firm Regulations. In November, the U. K. government launched a call for information on digital currencies, with a focus on their function as a payment method rather than as a speculative investment. After receiving more than 120 responses, the government released a Treasury document titled "Digital Currencies: Response to the Call for Information," which summarizes the submissions received and outlines the government's views and proposed next steps: The government intends to apply anti-money laundering regulation to digital....
Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond. Lawyers negotiating on behalf of Arthur Hayes, one of four BitMEX executives and co-owners accused of violating the Bank Secrecy Act by United States authorities, have finalized the terms of his proposed voluntary surrender to a Hawaii court on April 6.As a letter submitted to the Southern District Court of New York outlines, the counsel's negotiations with the government on behalf of....