Bitcoin is Tapping Into the Laws of Nature – Part 2
In Part One of this series we looked at the “survival of the fittest” and the fact that it leads to competition in a never-ending process of getting better. This article, Part 2, discusses how things get better, the process of innovation in nature. Innovation at the Edges and Permissionless Innovation. bitcoin in 2017In nature, changes occur as little....
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Over Part 1 and Part 2 of this series we have come a long way to proving how disconnected the legacy financial system is to natural law. We have also seen how perfectly aligned bitcoin works with nature’s frameworks. Now let’s drive the point home by looking at 2 more fundamental laws of nature. Value Based vs Debt Based. If a squirrel doesn’t collect....
Although it is on the cutting edge of technology bitcoin might be more closely aligned with nature than we think. This series of 3 articles compares how bitcoin and the legacy financial systems stack up against the laws of nature. In this first piece, we cover survival of the fittest, along with the concepts of CANI and being anti-fragile. Survival of....
Bitcoin doesn't try to change our nature. It works with nature; it's part of nature. It is the combination of ancient wisdom and scientific knowledge.
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.On September 30, Judge Kellerstein responded to both parties’ requests for summary judgment, determining that Kik’s 2017 token sale meets the definition of a securities issuance according to the Howey test, as the ICO participants had a....
Foreign Government Risk. In addition to trusting the digital currency exchange one might also consider the government that makes or changes the laws in the country in which the exchange operates. Governments have coordinated together and created laws commonly referred to as "Know Your Customer" or KYC. However, the citizens are left without protection and many have had their money and digital currency stolen. These series of articles are aimed to give the reader more knowledge, tips and tricks to arm themselves. These we call the KYE rules or "Know Your Exchange". Part one of the series....