How Bitcoin’s Sound Incentives Drive A Sound World
Why is bitcoin the superlative choice of money for aligning the incentives of the world to the greatest benefit?Clearing one’s mind and gazing into the machinery of the economic world, one is left with little besides absolute awe.Humanity’s inventions and their subsequent compounding throughout the years have manufactured a world of great abundance - one which would be close to unrecognizable just five generations ago.Airplanes physically connecting every point on earth, the internet digitally connecting every person at the speed of light for free, supply abundance in western....
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A sound money standard, like that of bitcoin, has numerous benefits for society in comparison to inflationary, fiat-based standards.
For digital currency users looking to secure their e-fortune, one project is offering a new way to store private keys: on vinyl. Sound Wallet promises to store users' private keys as encrypted audio files across a range of products - including CDs and 7-inch vinyl disks. Theodore Goodman, the brains behind the project, said he used the iconic format as it is the "ultimate archive medium". Records, tapes and digital audio. According to the product's website, Sound Wallets can be used to store any cryptocurrency, not just bitcoin. To construct the wallet, a user's BIP38-encrypted private key....
PRESS RELEASE. BTC Miami has released a concert line-up packed full of world-class musical talent for its Sound Money Fest experience. Talented acts in the likes of the all-encompassing musician, producer and world-famous club DJ Steve Aoki and American-born hip-hop artist Logic, will entertain concert-goers with live music on the final day of BTC 2022 at the Miami Beach Convention Center. Also on the bill is globally-revered progressive House and Dance music DJ DeadMau5. The Canadian-born DJ has been a long-time Bitcoin advocate. The famous musician, known to his closest fans by his real....
Bitcoin’s incentives are clear and fair, while proof-of-stake has contrasting incentives that are the same as the current system where the rich get richer.
On paper, the idea of using ultrasonic sound waves to transfer money and make payments might seem a bit ridiculous, but there are a few merits to this concept. Even though this technology is still in its early stages, Paytm has come up with a solution for both merchants and consumers. Keeping financial wealth safe and secure is of the utmost importance to consumers all over the world. With financial services not being available to everyone on this planet, alternative ideas are being tossed around, and Paytm has come up with a new concept to let users transfer money through ultrasonic sound....