"The difficulty is coming up with a way to have consensus between different people on the database, so everyone agrees what’s on it. That’s the real innovation that was created. That’s where th... Read More
Here's a paradox.
Cascarilla says: "You’re appealing to the enlightened self-interest. Everyone wants to have a similar database to the other. It doesn’t cost you that much to run a data... Read More
Transactions over the blockchain are also much faster than working through existing systems, so counterparty risk — the risk that the person you're trading with goes bust before you complete ... Read More
Cascarilla says: "In the financial system you don’t actually know because it’s all moving around and there’s many days of settlement risk and it’s very hard to track the actual beneficial own... Read More
Since last August, Nabi has also been a member of a working group looking at how the technology that underpins bitcoin — blockchain — can be used in the post-trade stage of banking: clearing, ... Read More
Op-Ed: Bitcoin is more akin to the Nasdaq than gold and is not a safe haven asset
"I wish I'd invested in bitcoin," is a response I usually hear when I tell people how much they could have made off the cryptocurrency if they bought it at the start. Just to be clear, if you bought $
Bitcoin SegWit Activation August 1: New Bitcoin Improvement Protocol
A new Bitcoin improvement protocol (BIP) has surfaced from the Core mailing list which includes Barry Silbert’s scaling solution. The yet unnumbered BIP proposes a user-activated soft fork (UASF)
BITPoint Plots Bitcoin Payments in 100,000s of Japanese Stores
Japanese bitcoin startup BITPoint is in discussions with a payment terminal operator to integrate bitcoin payments, a move that could see hundreds of thousands of Japanese retail storefronts to accept
Is The PBOC Stopping The Music On Bitcoin?
I suspect that's why gold is finally beginning to move today, up almost 1%, and among the biggest movers of the day as we head into the long holiday weekend--an indication of some money moving to gold