Bitcoin Is The Modern Monetary Defense Protocol
Bitcoin is a contender to replace inferior monetary defensive protocols in order to maximize the protection of individual rights.Bitcoin has the potential to challenge 18th-century monetary defensive protocols as a 21st-century modern monetary defense protocol (MMDP) alternative. For starters, the purpose of any defensive protocol is to provide natural barriers which are designed to increase safety and maximize security. So, the stronger the protocol, the superior protection and the security it provides. The U.S. Constitution, for example, is a defensive protocol that was constructed to....
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Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It's going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared. As Rick Falkvinge, author of Swarmwise, states, "The copyright monopoly war wasn't the war, it was the tutorial mission. The Internet generation is using technology to assert its values and its place in society, the old industrial generation is pushing back hard against irrelevance. Things are about to get much worse." It is a superb analogy. Legal....
Innovations that push boundaries tend to generate buzz before they’re fully adopted by the broader DeFi community. Protocol Monetary Trade Policy is the newest one on the horizon. It’s already considered by some as the evolution of liquidity mining, despite being relatively new in the space. The policy’s proponents say it will greatly benefit the DeFi ecosystem, but it’s worth examining exactly what Protocol Monetary Trade Policy is, how it compares to traditional DeFi economics, and whether it truly has the potential to revolutionize the crypto-economic space. What is Protocol....
Carolyn Wilkins, senior deputy governor of the Bank of Canada recently warned banks about the effect that cryptocurrencies like Bitcoin can bring to the monetary policy. According to the speech “Innovation, Central-Bank Style” Canada’s banks should manage the risks and benefits that could arise from the broader adoption of e-money. According to Carolyn Wilkins: The senior deputy governor of the Bank of Canada stated that according to the corporate plan the bank will explore modern financial and technology trends over the course of three years. The bank will focus on studies of modern....
Did Buterin come to his senses? Did Ethereum developer Péter Szilágyi’s thread convince him that something was rotten at the core of his protocol? Or is this some kind of sick joke? The title of the latest post on Vitalik Buterin’s blog is “In Defense of Bitcoin Maximalism.” Is this an April Fools prank? Or […]
On July 9th, Jon Matonis acceptedthe position of Executive Director of theBitcoin Foundation. Jon Matonis is a tech contributor toForbes Magazine, editor of The Monetary Future, and also serves on our editorial board at Bitcoin Magazine. Previously Jon was the CEO of Hushmail and Chief Forex Trader at VISA. How the Bitcoin Foundation will move forward on regulatory and legal issues is of crucial importance to the Bitcoin community. Jon announced a Legal Defense Fund and that it will be structured similarly to that of the Electronic Frontier Foundation. The Foundation intends to file amicus....