How Bitcoin Fixes The Old World Bureaucracy Of Payments
How one man’s journey to receive international payment revealed the bloated bureaucracy of our financial system and the solution offered by Bitcoin.I’m not a big fan of governments, and I’m really not a fan of bloated bureaucracies. I harbor the controversial opinion that HR departments and administrator roles are net negatives for any organization: it’s rare to find an administrator who knows what they’re doing or an HR person who adds value to their organization. Half or more of all new hires fail — which, if I were an interviewer or in a recruiting role, I would be horrifically ashamed....
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When the individual changes their behavior for the better, the world changes for the better. That is why “Bitcoin fixes this.”
Bitcoin Core 0.9.2 has been released and is available for download from https://bitcoin.org/bin/0.9.2/. This is minor release version containing mostly bug fixes and a few improvements to the code base and GUI. Important: Users should upgrade to this release due to critical security updates in the included OpenSSL library (CVE-2014-0224 which is a new vulnerability - not the Heartbleed Bug). General Users will benefit from the following improvements: GUI. Fix various coin control visual issues. Show number of in/out connections in debug console. Show weeks as well as years behind for long....
How bitcoin will change the world as sound money in the “fourth turning,” society’s latest major shift.
The 52 proposed legal reforms call for less bureaucracy, less red tape, creating tax incentives to make El Salvador one of the most freedom-centric countries. El Salvador President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation.President Bukele took to Twitter to inform the crypto community on Sunday that he was sending a list of 52 legal reforms to Congress. Among the most notable proposals, Bukele called for the removal of red tape, reducing bureaucracy, creating tax incentives and most importantly offering citizenships to foreigners....
Updated with commentary from core developer Mike Hearn. Update 20th March 6:30 pm GMT: Updated with commentary from BitMonet founder and developer Ankur Nandwani. Update 21st March 6:30 pm GMT: Updated with commentary from bitcoin developer Peter Todd. Bitcoin's core developers have released the latest update to the bitcoin reference client, version 0.9.0, which includes transaction malleability-related fixes, as well as updates to how transactions are relayed on the network. Version 0.9.0 notably includes coin control features and a Windows 64-bit installer, among other updates, bug fixes....