Five Myths About the Blockchain Revolution

  • The financial services industry can transform itself around blockchain technology, if it can find the leadership to do it.
  • The smartest incumbents will use blockchain technology strategically, including permissionless systems to penetrate new markets like the unbanked and bring new services to market.
  • Permissioned blockchains use distributed ledger technology without having a digital currency attached.
  • Regulators might also prefer them over public blockchains, like the bitcoin blockchain, because they need not be anonymous or pseudonymous.
  • (Read an excerpt of our book, Blockchain Revolution, .

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@bitcoinagile: “Five Myths about the #blockchain Revolution #technology,dontapscott,alex-tapscott,blockchain,revolution,bitcoin”



Five Myths About the Blockchain Revolution

A Venture Fund With Plenty of Virtual Capital, but No Capitalist

A #Venture Fund With Plenty of Virtual Capital, but No Capitalist.
#digital #Virtual

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@Fin_Revolution: “A #Venture Fund With Plenty of Virtual Capital, but No Capitalist.
#digital #Virtual”


This collective digital-currency start-up runs head-on into regulatory obstacles, yet might very well upend the mysterious world of virtual investing.


A Venture Fund With Plenty of Virtual Capital, but No Capitalist

Better with bitcoin

Better with #bitcoin #blockchain

  • Blockchain technology could improve the reliability of medical trials
  • you’ll need to turn it on to use the site properly!
  • Better with bitcoin
  • SCIENCE AND TECHNOLOGY
  • Better with bitcoin

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@bitcoinagile: “Better with #bitcoin #blockchain”


Better with bitcoin – SCIENCE AND TECHNOLOGY / Better with bitcoin / Blockchain technology could improve the reliability of medical trials / Clinical trials


Better with bitcoin

Take control of First Communion bonanza

So is this kid also trawling the #darknet to spend his #bitcoin on #swift hack codes?

  • Pocket money is a good way to teach your children about money – regardless of their age.
  • Every time your child receives money, divide the money equally among the jars.
  • “There’s a joy in giving, and Communion money can teach your child that,” said Fortune. “
  • Getting your child to save a third of their Communion money is a good start.
  • Allow your child to enjoy some of their Communion money – and to buy something which puts a smile on their face.

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@FinTechIreland: “So is this kid also trawling the #darknet to spend his #bitcoin on #swift hack codes?”


First Holy Communion season is in full swing, and the cash bonanza earned by many children on the day could sow the seeds of money problems down the line – unless their parents step in.


Take control of First Communion bonanza

BBC

We looked inside a secret Chinese #bitcoin mine

  • My guide is 30-year-old Chandler Guo, the owner of Bitbank, and a bitcoin entrepreneur.
  • Guo has built two fully functioning mines in China and is building what he claims will be the largest bitcoin mine in the world – capable, once complete, of producing more than 30% of all bitcoin globally.
  • His family ran a beef farm, became rich and he decided to invest in bitcoin.
  • In China, savvy entrepreneurs are making millions a year by mining bitcoin.
  • All day we mine 50 bitcoins,” says Guo. “

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@bitcoinagile: “We looked inside a secret Chinese #bitcoin mine”


In China, savvy entrepreneurs are making millions a year by mining bitcoin. Danny Vincent visited one of the world’s biggest facilities of its kind.


BBC

B$T$C by Yeung Human

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@seegravys: “#New #Hiphop #Triphop #Instrumentals
#Independent #Music #Producer #Drummer #Musician
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B$T$C by Yeung Human

The technology behind bitcoin lets people who do not know or trust each other build a dependable ledger. This has implications far beyond the cryptocurrency

  • When a miner finally comes up with a solution other nodes quickly check it (that’s the one-way street again: solving is hard but checking is easy), and each node that confirms the solution updates the blockchain .
  • It is the concatenation that makes the blocks into a chain.
  • The technology behind bitcoin could transform how the economy works
  • And nodes always work on the longest version of the blockchain there is.
  • As the proposal propagates over the network the various nodes check, by inspecting the ledger, whether Alice actually has the bitcoin she now wants to spend.

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@Stl_o: “Of great chains!”


The technology behind bitcoin lets people who do not know or trust each other build a dependable ledger. This has implications far beyond the cryptocurrency


The technology behind bitcoin lets people who do not know or trust each other build a dependable ledger. This has implications far beyond the cryptocurrency