Boring Addresses Policymakers in an Attempt to Drive Bitcoin Forward
One of the biggest hurdles bitcoin and other digital currencies faces as far as mainstream adoption is concerned is the constant misinterpretation of both the technicalities and the potential benefits and downfalls of bitcoin. Ironically, this misinterpretation comes from those organisations that seek to regulate crypto currencies; namely the CIA, the federal reserve, the FBI and other large US governmental organisation such as the Chamber of Commerce. Luckily, there are a number of well-respected individuals on a mission to inject some clarity into this misunderstanding and - with any....
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Unfortunately people around the globe, including policymakers, are mostly confused about Bitcoin and much of this confusion comes from the media’s “yellow dog” journalism tactics. The media will cover events such as the Mt. Gox failure or speculation about Bitcoin being used by criminals or terrorists but never mention the benefits of cryptocurrencies such as security, individual control over personal finances. The best way to counterbalance this is for the Bitcoin community to have representatives who will promote Bitcoin to policymakers. On Monday, The Chamber of Digital Conference, led....
The North American Bitcoin Conference (TNABC) kicked off this weekend with the surprise launch of the Chamber of Digital Commerce (CDC), a new lobbying group that aims to advocate for smart bitcoin regulation in Washington, DC through a three-part strategy combining government relations, media education and grassroots outreach. Helmed by president and former Forbes columnist Perianne Boring, the CDC aspires to operate a $1.5m annual budget and will feature an advisory board composed of experienced regulators, former members of Congress and early Internet advocates. While the CDC's....
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. Elon Musk’s Boring Company to Accept Dogecoin Payments The Boring Company, founded by Tesla CEO Elon Musk, will accept the meme cryptocurrency dogecoin for rides on Loop, its Las Vegas transit system, CNN reported Wednesday. Musk previously said that The Boring Company’s....
North Carolina Governor Pat McCrory signed 16 bills into law today, one of which was House Bill 289, which expands the state’s Money Transmitters Act to cover activities related to bitcoin and other blockchain-based digital currencies. Introduced in 2015, the passage of the law represents the fruition of more than a year of engagement between members of the US blockchain and digital currency industry and local regulators. Though the bill has not been without criticism, in interviews with CoinDesk, prominent advocacy groups largely voiced support for the measure as a step forward for the....
Global financial services association BAFT is set to drive bitcoin and blockchain awareness with the launch of its new FinTech scheme. The association, which deals with a wide range of topics affecting transaction banking, launched the initiative in an attempt to draw attention to the various innovative technologies that are currently transforming services such as cross-border payments and trade finance. Tod Burwell, BAFT president and CEO, said: "Emerging technologies such as blockchain technology, distributed ledgers and virtual currencies are redefining how supply chains operate and....