Tag: politics

Academic Saifedean Ammous recently published a book called “The Bitcoin Standard.” In it, Ammous discusses the history of money and other mediums of exchange, the relationship between economics and various aspects of society, and explores what constitutes “good” money, drawing heavily from the Austrian school of economics. Most importantly, Ammous discusses why bitcoin may be able to provide a viable…

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Brittany Kaiser, a Cambridge Analytica senior director supposedly visited Julian Assange in February 2017 to discuss the U.S. election. Kaiser also donated cryptocurrencies to WikiLeaks, an organization that she calls “her favorite charity.” Assange Denies Cambridge Analytica Meeting According to The Guardian, the visit and donation is new information being passed to parliamentary inquiries in the U.K. and U.S. Although…

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Cryptocurrencies have always been in the gray end of the regulation spectrum when discussed in American politics. Legal bodies often view them as a criminal tool to purchase guns, drugs, and other illegal articles. Regulatory authorities such as SEC are not sure whether to classify them as securities, while some states in the U.S. have proposed ideas to make the…

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What libertarians, anarcho-capitalists, and proponents of the Austrian school of economics, all have in common is their love for free markets and disdain for state intervention. Many evangelists of these schools of thought have thus publicly praised decentralized digital currencies, such as bitcoin, as they provide individuals with personal financial sovereignty and allows them to store their wealth in an…

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After a long time of unrest on the Korean peninsula, both Southern and Northern leaders Moon Jae-in and Kim Jong-un signed a peace treaty at the 2018 Inter-Korean Summit at Panmunjom on April 27, 2018. Marking the unforgettable event, a South Korean developer decided to record the Panmunjom Declaration on the Ethereum blockchain. Blockchain Record Historic Event The separation of…

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An emerging use-case of digital assets is to accept campaign donations and political contributions in the form of bitcoin or other cryptocurrencies. While the authorities are certainly giving this a thought; two fundamental issues impede development. Bitcoin and all other cryptocurrencies seem to face a couple of problems when it comes to payments or any real-world application. The two widely…

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Yi-Ting Cheng, a 35-year-old Taiwanese businesswoman and cryptocurrency investor, has announced that she will be in the running for the office of Mayor of Taipei, Taiwan’s capital city. As she takes her first step into local politics, she believes that the position will enable her to serve the residents of Taipei better. From Developer to Running for Mayor Yi-Ting Cheng,…

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Venezuela’s supposed national cryptocurrency, the petro, seems to be gaining momentum with each passing day, despite all odds. The nation’s number one citizen, Nicolas Maduro has now hinted that state-owned firms are free to carry out transactions using the digital currency. Encouraging Adoption of the Petro What’s the sense of having a virtual currency if it can’t be used as…

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The ongoing controversy surrounding the petro, Venezuela’s state-owned cryptocurrency, continues to dominate the landscape of the South American nation. In a continuation of the saga, the Asamblea Nacional, a faction of the divided Venezuelan Legislature, released a statement on March 6, 2018, calling the petro illegal and unconstitutional. Another Avenue for Corruption The content of the statement put forth by…

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Bitcoin critics believe nothing good will ever come out of crypto, labeling virtual currencies an outright bubble. However, bitcoiners and crypto enthusiasts are entirely undeterred by the criticisms of people in the outside world or even the massive bloodbath that pushed the price of bitcoin down to $6,000. Bubbles are Good Things Bitcoin and other cryptocurrencies have lost at least…

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