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.
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  • 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

What Are Some Things the Media Lab is Doing With Bitcoin and Blockchain?

What Are Some Things the Media Lab is Doing With Bitcoin and…  #bitcoin #fintech #btc #crypto

  • A team of MIT students is researching how a state-backed digital currency might work and analyzing the potential ramifications of its implementation.
  • Answer by Brian Forde , Founding Director of Digital Currency Initiative at MIT Media Lab, on Quora .
  • A group in the MIT Media Lab is creating a digital infrastructure for certifications in order to improve this burdensome analog process.
  • State-Backed Digital Currencies – Central banks (e.g., the Bank of England) are actively looking into the possibility of a state-backed digital currency.
  • A team of MIT students is conducting research on novel ways remittances may change as a result of cryptocurrencies.

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@betbybitcoins: “What Are Some Things the Media Lab is Doing With Bitcoin and… #bitcoin #fintech #btc #crypto”


What are some things the Media Lab is doi…


What Are Some Things the Media Lab is Doing With Bitcoin and Blockchain?

Bitcoins and Animal Spirits

  • The values are a part of the egalitarian and communitarian Sixth Level value system in the Spiral Dynamics-Memenomics framework.
  • Based on decades of research, many who are in this value system rarely see hierarchy or exhibit respect for the cultural complexity that elevated them to where they are.
  • The former being a representation of the Third Level of values while the latter is a representative of the integrative Seventh Level value system.
  • The existence of a Fourth Level regulatory value system has always been a necessity to insure that the success of currency is not derailed by predators who prey on people’s hard earned living.
  • The entire industry was born into of the values of online gaming and virtual existences, which are a part of the Internet’s “Democratization of Resources” values.

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@memenomics: “Worth revisiting now that Bitcoins & Blockchain are back in the news”


For a few years I’ve been warning about the dangers inherent in the digital currency bitcoins. Not because of the virtues of its creators, but because of…


Bitcoins and Animal Spirits