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‘Bitcoin is not a community’: Craig Wright joins Bitcoin Will Come podcast
Bitcoin Home » Editorial » ‘Bitcoin is not a community’: Craig Wright joins Bitcoin Will Come podcast Bitcoin inventor Dr. Craig Wright recently spoke with George Siosi Samuels on the Bitcoin Will Come podcast. You can watch the interview directly below, or you can read a written summary of the key points if you prefer. On Dr. Wright’s recent legal victory In late 2021, Dr. Wright won a landmark legal victory when he was declared the sole inventor of Bitcoin. The plaintiff, Ira Kleiman, brother of Dr. Wright’s late friend David Kleiman, failed to produce convincing evidence that his brother had co-invented […]
How not to do DAOs?
This post originally appeared on ZeMing M. Gao’s website, and we republished with permission from the author. Read the full piece here. “Most ‘DAOs’ are a diversion tactic to avoid responsibility,” – Niels V. van den Bergh, CEO, mintBlue. The rest are just a result of being ignorant of the existence of such responsibilities. It’s a fantasy, an imagined fake world where responsibilities do not exist. This doesn’t mean smart contracts are useless, however. There’s a right way to do it. What is much needed is systems that “refactor” (borrowing the phraseology of James Belding, the founder and CEO of Tokenized) […]
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New York to Vote on Crypto Mining Bill, Could Become the First US State to Ban Bitcoin Mining
Cryptocurrency Quick take: The New York State Assembly is scheduled to vote on a proposed ban on crypto mining activities in the state The vote will be carried out on Monday, April 25th If successful, the Bill proposed under number A7389C will make New York the first state to ban proof-of-work networks such as those of Bitcoin and Ethereum The Bitcoin Advocacy Group is requesting the crypto community in New York to oppose the bill The State of New York is once again on the cusp of banning crypto mining activities of proof-of-work networks such as Bitcoin and Ethereum. Members […]
Bitcoin’s Narrative as a Store of Value Gathers Momentum as Countries Reduce USD Allocation of their FX Reserves
Quick take: The narrative of Bitcoin being a store of value is gathering momentum Countries are diversifying their foreign currency reserves away from the US Dollar The war in Ukraine could accelerate the de-dollarization of FX reserves as investors, corporate treasures, and possibly central banks look to Bitcoin as a store of value According to J.p. Morgan, the proportion of reserves allocated to USD assets has declined by 5% since 2018 Israel is the latest country to diversify away from the USD by increasing its allocation of the Chinese Yaun The continually tested narrative of Bitcoin being a store of […]
