The Bitcoin Epoch And Mohandas K. Gandhi
How do the attributes of Bitcoin relate to the values of love and harmony that Mohandas Gandhi placed such importance on?Quotes beneath headers are attributed to Mohandas K. Gandhi.My goal in writing this piece is not simply to provide the reader with a small window into Mohandas Gandhi as a thinker, teacher, guru and mortal man, but to see how we might extrapolate Gandhi’s teachings into this moment in which we are bearing witness to the birth of a brand new epoch — the Bitcoin Epoch. I honestly believe that Bitcoin can help bring Gandhi’s vision to fruition. Mohandas Gandhi was a lawyer,....
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The Reserve Bank of India's governor and two deputy governors made statements about bitcoin during gatherings earlier this month, comments that hint at the ongoing regulatory debate in the region. The Reserve Bank of India (RBI) deputy governor Shri R Gandhi's 25th August speech at the FIBAC 2015 banking conference in Mumbai focused on technological disruption and financial inclusion. Toward the end of his speech Gandhi addressed two subjects - cryptocurrencies and crowdfunding. While he said the technologies have the potential to be disruptive, he was quick to note they could also have....
One of the Reserve Bank of India's deputy governors has encouraged local banks to work with a research outfit previously established by the central bank on blockchain projects. In a speech during an event at the Institute for Development and Research in Banking Technology (IDRBT) on 19th July, Deputy Governor Rama Gandhi said banks should work to develop applications for digital currencies and distributed ledgers. The speech focused on banking technology more broadly, but according to Gandhi, the IDRBT is an effective means to test possible applications. He told event attendees:....
Michaela Juric, aka Bitcoin Babe, an Australian based Bitcoin trader, has seen one of her bank accounts abruptly shut down after she sold around 10,000 USD of Bitcoin, on claims of fraud from the bank. She has started a petition calling for ACCC action of control over banks’ actions in regard to Bitcoin. This is only one of the latest of several events that are affecting small Bitcoin traders and miners all around the world, and the situation is expected to worsen day by day, while governments and banks try to squeeze Bitcoin out of their countries. But do not despair: as Mahatma Gandhi....
CoinDesk recently reported that the Reserve Bank of India's (RBI) governor and two of its deputy governors had discussed bitcoin during a banking conference held in August. During his speech, the RBI's deputy governor Shri R Gandhi addressed cryptocurrencies and crowdfunding, saying both had disruptive potential, but needed to be controlled in order to avoid undesirable consequences. As much as they were notable, Gandhi's comments were also relatively inconclusive and added to the ongoing uncertainty about bitcoin regulation in the country. This, however, was not the first time the Indian....