About Author:
1 Confirmation with Jeff and Dave
Michael Scott is a Denver-based independent journalist focusing on disruptive ideas fueling the new digital economy. A former healthcare executive Michael is an avid bitcoin enthusiast and advocate for free markets. He views his writing pursuits as a small conduit in a larger global movement toward the pursuit of freedom for all.
In what has been coined the “big bitcoin heist,” 600 computers used for bitcoin mining have been stolen from data centers across Iceland. Authorities in that sparsely populated island nation on the Arctic Circle say that it’s the largest series of robberies ever to hit Iceland. Police there believe that...
Over the years, economist Hernando de Soto has relentlessly advocated for the construction of a global property registry system to address the property rights of citizens throughout the developing world. Now in a groundbreaking development, de Soto and Overstock founder Patrick Byrne have forged a joint venture to address this...
Arguably the hottest topic this year in the crypto world are Initial Coin Offerings (ICO’s). This new form of funding is attracting worldwide attention from investors and regulators alike. Billions of dollars in money have been pouring into the ICO market this year leading to a cryptocurrency market capitalization that...
As bitcoin continues its rapid ascension, mining for it and other cryptocurrencies have received increased attention. These mining practices, however, struggle to gain profitability due to their energy demand. Often you find a scenario where electricity expenditures are higher than that spent on Bitcoin. While creating a cryptocurrency mining machine...
Venezuela is a nation in crisis. The economy has been hit by a decline in oil reserves and the value of the bolivar; its prevailing currency has plummeted. Named after Simón Bolívar, the 19th-century hero known across South America for leading the independence movement from Spain, the bolivar in recent...
Signaling another milestone in the future of digital innovation Waves Platform a global public blockchain platform founded in 2016 just announced that it has implemented new technology, which will enable the network to process thousands of transactions per minute. With this advancement Waves is carving out a place as the...
In a move destined to disrupt how degrees are delivered to college graduates, the Massachusetts Institute of Technology (MIT) recently unveiled a pilot program to test the utility of using blockchain to issue degrees. Issuing Degrees on the Blockchain According to the school publication MIT News, the pilot program which...
Amid Blockchain’s rapid ascension as an emerging technology, concerns continue to surface about antiquated property rights laws that provide little or no direction in terms of how digital assets are to be addressed. Moreover, software used on devices to facilitate digital transactions are often tethered to user agreements that few,...
Back in 1986 as a young healthcare human resources professional, I recall making a recommendation regarding the new employee ID badges we were rolling out. My suggestion? Add a staff member’s social security number to the front of the badge for easy access. Back then the internet didn’t even exist....
In his book, Cypherpunks: Freedom and the Future of the Internet, Julian Assange, editor-in-chief of and visionary behind WikiLeaks, the international non-profit organization that publishes secret information, news leaks, and classified media provided by anonymous sources, argues that as “entire societies move online, mass surveillance programs are being deployed globally.”...
