Why the Bitcoin Community and Governments Should Bury the Hatchet
For the mainstream adoption of Bitcoin, the important players are users within the community. However, collaboration with the government is important as well. The potential users of Bitcoin who have the most to gain are people in countries whose financial institutions are broken or corrupt and whose currencies are extremely volatile. This includes almost all of Latin America, Africa, Asia, Eastern European countries such as Ukraine, Russia and Greece. Despite increased awareness about the cryptocurrency in 2016, there is a lot of ground to cover when it comes to the formal adoption and....
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According to MIT Media Lab director Joi Ito, governments have a role to play in regulating bitcoin but they shouldn't overstep their boundaries. He suggests that governments should still have a voice in the process in order to increase the confidence of the general public when it comes to transacting using cryptocurrencies. "I'm not sure that we need an ICANN for Bitcoin, but I think that what would be good is some sort of way for all of the governments to voice their concerns and then become comfortable with how the community interprets their concern," he explained. Bitcoin Regulation....
Aptos (APT) had been off to a turbulent start last week after launching to much uncertainty in the crypto market. However, the project looks to have found its footing in about a week. Interest in the blockchain has skyrocketed, so the development of various projects has followed. So far, Aptos has taken the fight to […]
The UK Government is exploring the Blockchain as a possible way to increase efficiency. The digital currency, Bitcoin’s distributed ledger may help distribute taxpayers’ money as well as grants and student loans. On Monday, at a Blockchain networking event in London, cabinet minister and paymaster general Matt Hancock said that the Blockchain could “foster a new level of trust”. "Government cannot bury its head in the sand and ignore new technologies as they emerge, said Hancock. - That is partly what happened in the past in government with the web ... We cannot let that happen....
The Telegraph’s latest hatchet job on El Salvador’s bitcoin strategy is right on the money. In a hilarious twist of events, mainstream media’s latest attack on the volcano bonds makes the case for bitcoin in all its glory. Everything that the article “The world should fear El Salvador’s bizarre Bitcoin experiment” implies is exactly the […]
Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he said that governments will never allow it to be out of their control. “If it got to the point where everything is being done in crypto and didn’t pass through governments for observation and taxation and all that, governments would just disallow it,” said the Apple co-founder.
Steve Wozniak Says Governments Will Never Allow Crypto to Be Out of Their Control
Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with Yahoo Finance....