Are Bitcoiners Rational Economic Agents?
Bitcoin and blockchain technologies have big visions of changing the macroeconomics of the financial system. Less investigated, the microeconomics of Bitcoin could supply us with unique insights into how the Bitcoin digital financial complex might evolve. Microeconomics examines decision-making by economic actors, like firms and consumers, in their myriad organizational possibilities, from unions to entire industries to other defined organizations. Microeconomists are concerned first and foremost with decisions by people and organizations, and thus, in a bigger sense, the decision-making....
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Now bitcoiners have another topic to consider as Trump has beefed up U.S. Customs and Border Protection (CBP) policies with agents searching the phones of travelers at border checkpoints. U.S. Customs and Border Protection Agents Are Coercing Travelers for Mobile Passwords. Bitcoin.com has covered many different aspects concerning Bitcoin under the Trump....
“The fundamental goal of this collaboration is to enable granular control over data and to reduce the reliance on centralized systems that take advantage of data,” said Humayun Sheikh, CEO of Fetch.ai. Artificial intelligence research lab Fetch.ai has partnered with blockchain network Iota to enable a “controlled data sharing environment” for connected devices, setting the stage for a broad leap in Internet of Things (IoT) capabilities.The partnership, which was announced Wednesday, will allow sectors such as mobility, supply chain logistics, finance, healthcare, energy and others to....
Bitcoiners love Tor but the FBI has “updated” Rule 41 of the internet that could blacken Tor’s horizon. This means that unless Congress blocks it, using the anonymous browser could become illegal in the near future. Future of Tor in Jeopardy. Bitcoiners love the anonymity of Tor. The FBI hates it even though Tor is run by a government-backed American....
Tim Swanson, one of the preeminent talking heads on Bitcoin, appeared on the deBitcoin video podcast recently and talked about mining among other things. He pointed out that only irrational people will try to solo mine anymore: "It's rational to pool, because it lowers the risk, lowers the variance. That's something that won't be removed anytime soon." "I Was Pretty Bullish a Couple of Years Ago". Swanson says that he is sometimes cast as a bad guy in the minds of Bitcoiners, but he didn't always have negative or pseudo-negative views of Bitcoin. He says that last year's major gains in....
You can barely make out the Bitcoin logo. Marvel Agents of S. H. I. E. L. D. episode #20 aired last night on ABC. Astute Bitcoiners posted to Reddit shortly after the show to share a small gem: A barely identifiable Bitcoin logo that clearly belongs to the classic "Bitcoin Accepted Here" sticker that many merchants around the world have opted to use. The sticker shown is located on the window of Spring Street Smokehouse BBQ in Los Angeles, CA, where the Marvel Agents of S. H. I. E. L. D. scene was shot. In the real universe, the BBQ joint has been accepting Bitcoin for some time;....