Entering The Post-Bitcoin Digital Economy
Having fallen out of favor in the circles of highly influential blockchain technology players, Bitcoin likely won’t see its widespread commercial adoption beyond the retail and speculation level. This is a long-term view, and not to minimize the usefulness and impact of what Bitcoin is and has inspired. But, as players like R3 CEV, IBM, Intel, Microsoft and a slew of other companies experiment with blockchain technologies, it’s clear to see that they’re looking to serve their clients, who perceive no uses for Bitcoin itself in their industry. Mike Hearn, a Bitcoin developer privy to what’s....
Related News
Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.”
‘The Crypto Economy Is Entering the Mainstream’
JMP Securities recently published a research note that discusses cryptocurrency adoption. Noting that “The crypto economy is entering the mainstream,” the....
Someone stold my CCN post and published it on Steemit. They earned $400 [Editor’s note: The payout did not occur after the article was found to be plagiarized]. I earned substantially less. Why don’t I care? Because I am realistic about the nature of the Internet, the economy – and most importantly, Bitcoiners. I often hear people say that hard work pays off. This isn’t always the case. Many times, taking the easy route is the quickest way to make money. Dishonesty, theft and tearing others down. And isn’t that what the global economy has proved itself to be all about? Bitcoiners love to....
Is bitcoin a virtual currency, a digital currency, or both? And why does it matter? In press reports, it's often referred to as both. TheBangkok Post today refers to "virtual currencies including the bitcoin", while the Toronto Star describes the collapse of a bitcoin exchange after hackers stole its "digital currency". But digital and virtual currencies are two different things, with different behaviours. It's more than a semantic distinction: it's a discussion of how a form of money functions. If we replace the word 'currency' with 'economy', then the distinction may be clearer. When we....
Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and the Covid-19 global pandemic, the European Union has had to face many operational and structural facts, one of them being the strength of the fiat currency; the Euro. The European Economy Operates via a Flawed System Since the introduction of the Euro, the currency has been in a consistent debate,....
As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. The post Four Lies About The Bitcoin Circular Economy appeared first on Bitcoin Magazine.