Smart Contracts Are Making Their Way Into Blockchain

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Smart Contracts Are Making Their Way Into Blockchain
Bitcoin: Innovation Born from Division.
With the introduction of both Segregated Witness and Bitcoin Unlimited and the consensus nature of Bitcoin governance, a lot of users may still be very unclear about the decision-making process within the community. Hence the shade of confusion hovering above the Bitcoin ecosystem. Michael Vogel, CEO of Netcoins, explains it this way: “These are certainly unsettling times for Bitcoin, and we are witnessing history being written before our eyes. I think it's important to note that over the long term, this likely won't be the last divide within the Bitcoin community, and that isn't necessarily a bad thing - innovation is usually a byproduct of these types of situations.” Being a system that is based on proof of work, the decision-making process lies in the hands of miners within the decentralized Bitcoin ecosystem. It is the miners whose votes will determine the next turn for Bitcoin. https://cointelegraph.com/news/bitcoin-truly-decentralized-fork-of-dash-plans-to-lead-community-back-to-satoshi
Bitcoin Negates Sovereignty.
Given the swift rebound in bitcoin’s price following Friday’s announcement, another question being weighed is how much Wall Street approval ultimately matters to bitcoin’s legitimacy. "I think bitcoin [will never get] accepted by financial regulators in any major way, and the reason why is that it's fundamentally against sovereignty," said Josh Crumb, co-founder of GoldMoney and a former commodities strategist at Goldman Sachs. Crumb added: "Bitcoin’s utility is that it cuts through sovereignty. It’s its own law." Mati Greenspan, senior market analyst at eToro, voiced a similar sentiment, stating his belief that cryptocurrencies don't need SEC approval to gain legitimacy. "Although bitcoin was volatile around the time of the announcement, the bounce back in price shows increasing confidence in the asset," he said. Nonetheless, observers reckon that successful operation of these vehicles could potentially be a bridge toward bitcoin being packaged more broadly for the public. http://www.coindesk.com/bitcoin-etf-rejection-whats-next-wall-street/
New AML regulations for Chinese Bitcoin Exchanges.
BEIJING--China's central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent scrutiny by the central bank has already led exchanges to impose trading fees and suspend withdrawals of bitcoin from their platforms. Chinese investors have fled the market. A draft of the guidelines says Chinese bitcoin exchanges would be subject to current banking and anti-money-laundering laws, and required to collect information to identify their clients, according to people familiar with the matter. They say the rules, if implemented, would require exchanges to install systems for collecting and reporting suspicious trading activity to authorities. The People's Bank of China would be in charge of handling violations by the exchanges. http://www.marketwatch.com/story/chinas-new-bitcoin-rules-call-for-identity-check-2017-03-17
Bitcoin Startup Valuations
More good news for bitcoin, and the blockchain technology that it builds upon: At least five startups with $1bn valuations are expected to emerge within the next year, according to M&A advisers Magister Advisors.The advisers have been gazing into their crystal ball for next year, and foresee good times ahead for bitcoin firms, predicting that these startups will not just have unicorn-level valuations, but also real-world potential." http://www.cityam.com/230736/2016-fintech-predictions-blockchain-and-bitcoin-unicorns-will-give-way-to-thoroughbreds
“The eye sees only what the mind is prepared to comprehend.” - Robertson Davies, Tempest-Tost “I should have listened,” say the skeptics, cynics and...
This is an article from Nov. 2014
New Post has been published on Bitcoin:Views
Bitcoin Blazes New Trail In Emerging Markets
11 February 2015 | Christine Magee | Techcrunch.com
While the tech world is busy speculating about bitcoin’s volatile value, cryptocurrency is making arguably its biggest impact in countries where the current price of 1 bitcoin exceeds the average salary earned in a week.
Kenya, Uruguay and Panama are just a few of the countries playing host to a growing group of venture-backed bitcoin companies that are using blockchain technology to tackle regional payments challenges.
Although the focus on emerging markets is a recent trend, cryptocurrency has been a global phenomenon from the beginning. While the majority (and largest) of rounds to date have been raised by U.S. companies, over 40 percent of the total venture investments tracked by CrunchBase in the past three years have gone into bitcoin startups based outside of the U.S.
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How Bitcoin Can Stop War
How Bitcoin Can Stop War
This article first appeared at Antiwar.com and is by Roger Ver.
Roger Ver gave this speech at Coin Congress in Singapore in May entitled “Why Bitcoin is Important for the World.” It is a sort of quick introduction into the world of Bitcoin and how Bitcoin can be a powerful tool to promote global understanding and help stop nations from conducting war.
[youtube=http://www.youtube.com/watch?v=vR8mJK…
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