About Author: Gil Gildner

Crypto’s Quest for Privacy: Elements Project Introduces Confidential Transactions

February 5, 2016 by Gil Gildner at News, Tech

Although one of Bitcoin’s most important features is the ability to preserve a level of anonymity, it is essential to note that it is pseudonymous, and not necessarily totally anonymous. By default, Bitcoin uses a public blockchain method to process transactions. Since the transactions are publicly available for inspection, purchase...

An Alternative to Federal “Fire Hoops”; Security Firm Accepts Bitcoin from Cannabis Industry

January 28, 2016 by Gil Gildner at Business, News

Ever since the introduction of legal marijuana laws in several American states, the cannabis industry has been facing strong opposition from establishment banking institutions. Although cannabis is legal for medicinal purposes in 23 states and is legal for medicinal and recreational purposes in four states (Alaska, Oregon, Colorado and Washington)...

Despite Losses, Bitcoin Still Outperforms Stock Markets

January 19, 2016 by Gil Gildner at Finance, News

For the Dow Jones Industrial Average (DJI), the first ten trading days of 2016 faced a crash of over 1400 points. The S&P 500 is down almost 8%, and the Nasdaq is down over 10%. This makes for the worst first two weeks of a year, ever. Stock exchanges worldwide,...

How Societies Default to Decentralized Currency During Crises

December 30, 2015 by Gil Gildner at Commentary, News

One of the primary problems with the use of a fiat currency issued by a central bank is that it leaves the common users, residents of the issuing country, vulnerable to the decisions made by the policy-makers. In the case of many developing countries, this leaves citizens economically helpless when...