Why Bitcoin’s Rules Are Enforced By Physics
The laws which govern our physical realm are the foundation upon which Bitcoin is built, as immutability would require.The following article is an expanded, longer version of the original Medium article of the same name by the author, Tomer Strolight, in his series of articles on Bitcoin entitled “Why Bitcoin,” covering many aspects of Bitcoin, each with an average reading time of only three minutes.No Speed Limits Lead To Faster, Safer, More Reliable Cars.The German Autobahn highways have no legally-enforced speed limits. The laws of physics are the only limitations as to how fast....
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The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct Authority (FCA).
UK to Impose New Rules on Crypto Ads
The U.K. government announced Tuesday plans to impose new rules on cryptocurrency advertisements to “protect consumers from misleading claims.” The announcement states:
New rules will increase consumer protection while encouraging innovation.
The U.K. chancellor of the exchequer, Rishi Sunak, commented:....
In this discussion, Eric Weinstein and Avi Loeb discuss the barriers of centralization and physics while detailing how Bitcoin fixes both.
The properties inherent to Bitcoin are deterministic, not probabilistic, and rely on the natural laws which make up our world.
Today we have a very interesting interview with the author of Bitshares 101, Max Wright. The release of Bitshares 101 happened last Thursday during which Bitshares was outlined. Bitshares is a community of independent Distributed Autonomous Company developers known as DAC. DAC is a free market company whose shares can be transferred from person to person over the internet without the use of a third party. Without further ado, the interview: In your words, what is bitshares and what innovation does it bring to the table? There are really too many to list. Trying to condense just a few into....
The pseudonymous creator of Bitcoin, like Giordano Bruno, also challenged government-backed, violence-enforced dogma.