Lufthansa to suspend flights to Venezuela

Lufthansa to suspend flights to Venezuela - BBC News #bitcoin #Venezuela #inflation

  • Venezuela raises petrol price for first time in 20 years
  • It noted that the demand for international flights to Venezuela had dropped in 2015 and in the first quarter of the current year.
  • The company also said currency controls in Venezuela made it impossible for airlines to convert their earnings into dollars and send the money abroad.
  • Venezuela introduces two-day week to deal with energy crisis
  • Venezuela’s government has defended its policies, saying it must prioritise.

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@bitcoinagile: “Lufthansa to suspend flights to Venezuela – BBC News #bitcoin #Venezuela #inflation”


The German airline, Lufthansa, says it will suspend flights to Venezuela from next month due to growing economic difficulties in the country.


Lufthansa to suspend flights to Venezuela

$22 Bitcoin investment brings Norwegian man fortune

  • Mr Koch, 29, said he only remembered about his investment after reading reports of the currency’s rising value.
  • Media caption Kristoffer Koch told the BBC’s Roger Hearing he ”more or less forgot” about his investment in Bitcoins
  • A $22 (£14) investment in the virtual currency Bitcoin four years ago has brought a Norwegian man an unexpected windfall of about $850,000.
  • Mr Koch said that he had suddenly realised that his 5,000 Bitcoins were worth about $850,000.
  • Bitcoins are stored in encrypted wallets, and Mr Koch admitted that it took him some time to remember the password to unlock the safe.

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@zarkoh: “reminder of the lucky norwegian dude who got himself an apartment by investing 22 usd in #bitcoin #btc.”


A $22 investment in the virtual currency Bitcoin four years ago brings a Norwegian man an unexpected windfall of nearly about $850,000.


$22 Bitcoin investment brings Norwegian man fortune

Craig Steven Wright claims to be Satoshi Nakamoto. Is he?

#bitcoin and #blockchain creator revealed!  #satoshinakamoto

  • In a nutshell, the data he has provided can be fed into software, which then says whether all the parts of this puzzle fit together.
  • Mr Wright does not want to make public the proof for block 1, arguing that block 9 contains the only bitcoin address that is clearly linked to Mr Nakamoto (because he sent money to Hal Finney).
  • Mr Wright says that if he could reinvent bitcoin, he would program in a steady increase of the block size.
  • Having been named as Mr Nakamoto Mr Wright has a steep hill to climb to convince the world that he is bitcoin’s founder.
  • The CV also says that Mr Wright has submitted his thesis for a doctorate in computer science and lists a doctorate in theology.

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@peter_ryans: “#bitcoin and #blockchain creator revealed! #satoshinakamoto”


Evaluating his claim will involve a multi-step paternity test


Craig Steven Wright claims to be Satoshi Nakamoto. Is he?

Blockchain technology could improve the reliability of medical trials

  • Since 2007 America’s drugs regulator has required that all clinical trials are registered in ClinicalTrials.gov, a publicly accessible database.
  • To do the Dr Irving used the hash generated from the trial protocol as a “private key”-essentially a password that allows someone to spend bitcoins in his online wallet.
  • CLINICAL trials are a murky old world.
  • A study last year of 137 trials found 60 reported on outcomes they were not looking for, according to their original protocol.
  • Another benefit, paradoxically, is that the protocol for studies could be hidden until completed.

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@CyberSecInt: “Blockchain technology could improve the reliability of medical trials| Economist
#blockchain”


Blockchain technology could improve the reliability of medical trials


Blockchain technology could improve the reliability of medical trials

The battle over the future of bitcoin

The battle over the future of bitcoin  via @guardian by @dannyyadron #FutureOfTechnology

  • Maxwell and his team have a business interest in blocks staying small, because more people would need side chains.
  • Bitcoin’s mainstream popularity has grown in fits and starts in recent years.
  • Smith, Wright and some other key bitcoin developers want the blocks to be larger so more transactions can clear at the same time.
  • Unlike Visa, bitcoin doesn’t have a central clearinghouse to process all transactions.
  • Fans of bitcoin say the system, which tends to be a pet project of encryption wonks, could eventually rival Visa.

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@WiproLPS: “The battle over the future of bitcoin via @guardian by @dannyyadron #FutureOfTechnology”


Billed as the future of democratized, digital money, the currency is now at the center of a conflict over how to develop technologies behind the system


The battle over the future of bitcoin

Bitcoin: A New Era for Responsible Investment? 

  • If responsible investment is limited to the process of integrating ESG in investment decision-making then it’s probably not relevant.
  • The relevance of Bitcoin to responsible investment depends on how you define responsible investment.
  • If responsible investment is also about the integrity and stability of the financial system then it probably is.
  • The Huffington Post UK is provided by AOL (UK) Limited.
  • On 2nd May 2016, the founder of Bitcoin was revealed as Craig Wright.

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@tahirkhan9: “#Bitcoin : A New Era for Responsible Investment? via @HuffPostUKTech #Blockchain #FutureOfMoney #DigitalCurrency”


Bitcoin is a decentralised digital currency, meaning that the database used to record Bitcoins are not centrally controlled. These systems are built using a ‘distributed ledger’, or ‘blockchain’, which is a decentralised public database collectively maintained by a network of people, known as ‘miners’, who run the software. There is no bank or country responsible for issuing Bitcoin meaning there’s no central point that can fail.


Bitcoin: A New Era for Responsible Investment? 

The Economist asks: Can the open web survive? by The Economist

  • Sir Tim Berners-Lee founded the web in 1989, and is now the head of its standards agency, the W3C. He joins deputy editor Tom Standage in The Economist studio to discuss the future of his creation.
  • Your current browser isn’t compatible with SoundCloud.
  • You need to enable JavaScript to use SoundCloud
  • Is your network connection unstable or browser outdated?
  • The Economist asks: Can the open web survive?

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@EconomistRadio: “Sir Tim Berners-Lee, who founded the web, on why cryptocurrencies are great but investing in bitcoin is crazy”


Stream The Economist asks: Can the open web survive? by The Economist from desktop or your mobile device


The Economist asks: Can the open web survive? by The Economist