The history of money: from barter to bitcoin

  • Wearable technology is set to disrupt the world of money once more, as Barclaycard trials a contactless payments wristband.
  • Money has been a part of human history for almost 3,000 years.
  • The infographic below shows how money has developed from these early roots through to Apple’s instant iPhone payments and bitcoin – the world’s first decentralised crytocurrency.
  • From the origins of bartering to modern money, this is how the system has evolved
  • At the dawn of humanity, bartering was used in lieu of money to buy goods.

Read the full article, click here.


@HeartlandHPY: “While we’re experts on moving modern currency, we might have had some trouble with its predecessors.”


Money has been a part of human history for almost 3,000 years. From the
origins of bartering to modern money, this is how the system has evolved


The history of money: from barter to bitcoin

Cryptocurrency among National Currency Options for an Independent Scotland

  • The post Cryptocurrency among National Currency Options for an Independent Scotland appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
  • In the wake of Brexit, some Scots are reconsidering independence.
  • In the interest of not making the same mistake again, some Scots want to consider how a national currency would [
  • Prior to the Brexit vote, an independence movement fizzled in Scotland.

Read the full article, click here.


@ohiobitcoin: “Cryptocurrency among National Currency Options for an Independent Scotland #bitcoin”


Yes – it is a typical “Irish” pub… Image by antwerpenR See the full set here on G+ plus.google.com/photos/111572330496422948864/albums/59439… If you


Cryptocurrency among National Currency Options for an Independent Scotland

‘No ceilings’ line in Hillary Clinton speech recalls Lil Wayne

  • (CNN) Hillary Clinton delivered a historic speech Thursday night, capping off a bruising primary and becoming the first female presidential nominee of a major US party.
  • Hillary Clinton accepts Democratic nomination 01:39
  • Clinton ‘No ceilings’ line recalls Lil Wayne
  • Taking note of the significant point in the country’s history, Clinton said: “When there are no ceilings, the sky’s the limit.”
  • The line seemed fitting, but the phrases “no ceilings” and “sky’s the limit” stopped some hip-hop fans dead in their tracks.

Read the full article, click here.


@CNN: “Hillary Clinton (unintentionally?) drops Lil Wayne reference in her DNC speech”


Hillary Clinton delivered a historic speech Thursday night, capping off a bruising primary and becoming the first female presidential nominee of a major US party.


‘No ceilings’ line in Hillary Clinton speech recalls Lil Wayne

Blockchain Economist’s Report on the Four Sinful Categories of Blockchain Technology

  • Based on what you read, would you recommend investing in bitcoin?

Read the full article, click here.


@bitcoinagile: “#blockchain Economist’s Report on the Four Sinful Categories of Blockchain Technology – Online Casinos Reviews”


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Blockchain Economist’s Report on the Four Sinful Categories of Blockchain Technology

The Winklevoss twins and why you need to know about them

  • The Winklevoss twins and why you need to know about them
  • Pregnant again, Karen was sure it wouldn’t be twin boys.
  • We could be totally wrong, ” said Tyler, “but we are curious to see this play out a lot more.
  • High number of twins in Cuban capital district baffles scientists, as locals blame everything from genetics to a sacred tree
  • Joanna Moorhead: Fourteen years ago, Karen and Colin Rodger had twin boys.

Read the full article, click here.


@Media2Commerce: “sharing #suaju The Winklevoss twins and why you need to know about them – The Guardian #technology”


Meet the clean-cut, square-jawed, all-American Bitcoin millionaires


The Winklevoss twins and why you need to know about them

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.

Read the full article, click here.


@ZeniorXV: “”Making a hash of it” – How #Blockchain #Bitcoin works: Chart from @TheEconomist article -”


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

Blockchain and benefits

Moving government benefits to the #blockchain is exciting, but could also be dangerous:

  • The government has quietly launched a bold experiment using the technology behind the virtual currency Bitcoin – and, if anybody notices, it could prove hugely controversial.
  • Image copyright Thinkstock Image caption The government says it will not use the app to keep a record of who spent what
  • One recently departed member of the Government Digital Service told me of his amazement that this trial was being allowed to go ahead.
  • But the worry now is that if the first trials go down the wrong path, then public trust in the technology could be irredeemably damaged.
  • It seems there is also concern in Whitehall about the process by which this trial came to be approved.

Read the full article, click here.


@sachin_intel: “Moving government benefits to the #blockchain is exciting, but could also be dangerous:”


The UK government faces controversy over an app that tracks how benefit claimants spend their money.


Blockchain and benefits