Browsing Category Bitcoin, Crypto and Cashless

Governments are loving Bitcoin

Government do what benefits those who control the levers of power #dealwithit Does bitcoin benefit those lever’ers of power? Yes. Expect…

Since the wealthy already pay the lion’s share of federal income taxes (payroll taxes are of course paid by employees and employers), their over-riding interests are wealth preservation and capital appreciation, with lowering their tax burdens playing third fiddle in the grand scheme of maintaining their wealth and power.

Indeed, paying taxes inoculates them to some degree from social disorder and political revolt.

Xapo was founded by Argentinian entrepreneur and current CEO Wences Casares, whom Quartz describes as “patient zero” of bitcoin among Silicon Valley’s elite. Cesares reportedly gave Bill Gates and Reed Hoffman their first bitcoins.

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Bitcoin and Blockchain. The explainer…

Explaining how to play baseball can be a bit tedious for the explainer and the explainee. Bitcoin and blockchain are like this also. It is complex, but, once you get past a few hurdles it all makes sense. 

Just like in describing baseball much will also not be described. It isn’t essential to include a ‘how to’ of a curveball, so there are also many things I won’t include here, there are too many ‘how to’s’

There is also a philosophy within baseball, Yogi Berra spent a lifetime completing a small piece of that and Derek Jeter spent his career practicing that philosophy. we would get lost including a philosophy here, but, there is one.

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The Cryptocurrency Boom (and its Volatility)

How can non-experts sort out what sizzle will fizzle and what sizzle will become dominant?  The short answer is: we can’t. An experienced programmer who has actually worked on the bitcoin blockchain, Ethereum and Dash (to name three leading cryptocurrencies) would be well-placed to explain the trade-offs in each (and yes, there are always trade-offs), but precious few such qualified folks are available for unbiased commentary as tribalism has snared many developers into biases that are not always advertised upfront.

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