Bitcoin is the Automobile ‘Menace’ of the 21st Century
The early automobile was certainly the disruptive technology of its time. In fact, we can learn a lot about today’s Bitcoin industry by observing how the nascent car industry was able to overcome many obstacles to become today’s dominant form of transport. ‘Menace to Public Safety’. At the start of the 20th century, the car industry was a barren....
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Great Britain made an epic mistake about 150 years ago. When the United Kingdom, not Germany, not the United States, was the original home of the automobile's innovation. This is not well-publicized in Western culture because of the epic failure in the story, and how swiftly the U. K. acted in its own demise. Instead of welcoming the automobile as a technological marvel that'll not only provide freedom of travel to the masses someday, but also a massive industry they could cultivate domestically, they shunned the automobile. Instead of a technological advancement, British regulators saw....
What can a sixth century game teach us about 21st century money? A lot, apparently.
An Australian bitcoin exchange - 21st Century Bitcoin Exchange - is soon planning to launch the first bitcoin ATM in the land down under, in Melbourne, according to a report published in Business Insider. "With Bitcoins revolutionising traditional monetary transactions, Australia-based 21st Century Bitcoin Exchange is the first company to set up a Bitcoin ATM in the country," said the company in a statement on the matter. In addition to launching the first bitcoin ATM in the country (details on this element specifically are few), the company is reported to soon begin discussions with....
El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391 bitcoins altogether. El Salvador Buys More Bitcoins El Salvador’s President Nayib Bukele announced Tuesday that his country has bought more bitcoin. His announcement began with a tweet that reads: “El Salvador’s entire size is 21,000 km2. Coincidence? I don’t think so!” He followed up with a series of tweets that....
The 21st century is described by many scholars as the Golden age, where every aspect of modern-day society is driven by technology. Distributed Ledger Technology, which many describe as the pioneer of the 22nd century, has provided an avenue where an economy can exist without the need for trust. As a result of the growing […]