Money and State
Money and State
"Give me control of a nation's money, and I care not who makes its laws."

Posts tagged "Blockchain"

The Importance of Bitcoin Not Being Money

For years, many in the Bitcoin industry have eagerly defined and advocated “Bitcoin as money” to a skeptical world. I share the blame: with certainty I argued that Bitcoin was not only money, but was the best money mankind had ever seen. But in our haste, we misled ourselves and others. Bitcoin isn't money after all. Our mistake, as Bitcoin advocates, was that in our excitement over an early, popular...

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It’s All About the Blockchain

Blockchain is so hot right now. 2015 was the year the narrative changed. Bitcoin is out, blockchain is in. Attend any financial conference and you'll hear panels about the brilliance of private distributed ledgers. Private blockchain initiatives like R3 CEV have attracted over 25 of the world's top banks to participate. Airports everywhere are displaying Bloomberg Markets' recent cover story, featuring Wall St. tour-de-force Blythe Masters sitting elegantly behind a...

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