On the Origins of Money: Darwin and the Evolution of Cryptocurrency
Ryan Walker is an independent consultant and cryptocurrency enthusiast based out of Denver, Colorado. Here, he joins the dots between Darwin's theory of evolution, fiat money and the rise of cryptocurrencies. Charles Darwin first published his theory of natural selection in his book On the Origin of Species in 1859. The result of over 30 years of research, Darwin delivered to the world a new understanding of how modern species came to be, evolving over generations. The son of a wealthy English family, Darwin was not a man in need of money. Nonetheless, for On the Origin of Species and his....
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Nozomi Hayase PhD, is a writer covering issues of freedom of speech, transparency and decentralized movements. In this article, she looks at bitcoin in the context of Darwin's evolutionary theories. In the six years since the inception of Satoshi Nakamoto's blockchain, many have begun to see bitcoin as a disruption force in the future of finance. Put simply, money is a ledger - one that has now become programmable. Now anyone can create their own currency and with simple scripting language, different values can be coded to manifest values of community. Economists try to understand this new....
Cryptocurrency Takes Money 20/20 by Storm. Las Vegas, Nevada – November 5 marks the end of Money 20/20, but the cryptocurrency presence in the world of finance is growing and getting stronger. Money 20/20 is the leading global event for innovation in money that sold out this year and had more than 7,500 attendees. Cryptocurrency was one of the six central themes of the conference. The six major payment themes were point of sale evolution, payment security, cryptocurrency, globalization of commerce, new credit models, and new partnerships and acquisitions.
Notorious dark web marketplace Evolution has vanished amid reports that its administrators have absconded with more than $12m in bitcoin. Accessible only via the Tor network, the market had become the go-to online drug bazaar following the shut down of Silk Road and Operation Onymous, a pan-agency crackdown on illicit markets that seized over 400 domains in November. Members of the darkweb community expressed concerns about Evolution's moderators - operating under the handles 'Kimble' and 'Verto' - who were delayed responding to and processing withdrawal requests. Reddit's Evolution....
In light of recent events within the bitcoin industry, namely the Evolution Marketplace going up in a burst of flames with customer money, it has become clear that cryptocurrency deviates from traditional money in more ways than initially meet the eye. Bitcoin, among a slate of other cryptocurrencies, violates the principle of fungibility within money - that is, each coin's transaction history differentiates them from every other bitcoin in circulation. With the collapse of the hidden Evolution Marketplace, these coins have now been tainted, and services are wilfully denying their deposit....
Heavily Armed Clown explores the commonly misunderstood term “fiat” alongside in-depth historical economic background.