Final Chapter – Return to Basics “Bitcoin 101” I have heard that many of you still feel totally confused by Blockchain and Bitcoin. Since we have only brushed the surface of those topics that is understandable. I strongly recommend you visit these four sites and download the pdf documents. To gain a basic understanding of […]
Part Seven – Segwit2 and the Hard Fork (User Activated Hard Fork or UAHF) What follows next is a flow chart predicting possible outcomes of the much predicted User Activated Hard Fork. There is a lot in the chart we have not touched upon in this series. I have provided it so that you can […]
Part Six – Cryptocurrency as a Disruptive Technology The business meaning of “disrupt” is “to change the traditional way that an industry operates, especially in a new and effective way: “Dell Inc. disrupted the traditional way of selling computers by switching to the internet.” Taken from: http://dictionary.cambridge.org/dictionary/english/disrupt These articles do more than discuss banking system disruption. They also provide a window into the underlying animus of […]
The yeoman’s work in preparation for legislation and regulation of cryptocurrency has begun. One might say the we are at the beginning of the beginning of regulation of cryptocurrency. De Facto Federal Legislation of Cryptocurrency is Nigh By Wendy McElroy July 11, 2017 The Uniform Law Commission (ULC) is holding its 126th Annual Meeting in […]
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