Tag: Bitcoin
Bitcoin Debe Autorregularse, El Estado Solo Puede Destruirlo
A raíz de la quiebra de Mt. Gox, el portal de intercambio de Bitcoin, más de cuatrocientos de sus clientes han expresado interés en presentar una demanda colectiva contra la casa matriz y su presidente ejecutivo, Mark Karpeles. Mt. Gox era la mayor plataforma de intercambio de Bitcoin del mundo. Aunque el funcionamiento de Bitcoin…
Magical Thinking and Authority
Recently US Senator Joe Manchin (D-W.Va.) attracted attention by calling for an all-out ban on Bitcoin, which he claims is not only “unstable and disruptive to our economy” but encourages “illicit activity.” If Manchin thinks any such law can actually be enforced, he’s delusional. His delusion illustrates a much broader phenomenon: The tendency of those…
Missing Comma: Why Bitcoin’s Survival Doesn’t Hinge On The Existence Of One Person
Bitcoin has had a rough couple of weeks. With the closure and bankruptcy of MtGox and the closure-from-hacking of at least one smaller “bank,” the value of Bitcoin has fluctuated wildly. Predictably, this instability have caused some media outlets to make the exaggerated and premature announcement of the cryptocurrency’s death. But while most in the…
O Bitcoin deve se auto-regular, porque o estado só é capaz de destruir
Com a falência do banco de Bitcoin Mt. Gox, mais de 400 de seus clientes expressaram interesse em entrar com um processo coletivo contra a empresa-mãe e seu dono, Mark Karpeles. A Mt. Gox era o maior mercado de Bitcoins do mundo e, embora o funcionamento da criptomoeda ainda seja incompreensível para várias pessoas, seu…
Bitcoin Must Self-Regulate — The State Can Only Destroy
In the wake of Bitcoin exchange Mt. Gox’s bankruptcy filing, more than four hundred of its customers have expressed interest in filing a class action lawsuit against the parent company and its chief, Mark Karpeles. Mt. Gox was the cryptocurrency’s largest marketplace. Although Bitcoin’s functioning is still incomprehensible to many its value is real. Mt.Gox’s…
Il Futuro di Bitcoin “in Dubbio”? Ne Dubito.
Un articolo sincero sul collasso di Mt. Gox, il mercato dei cambi di Bitcoin, suonerebbe più o meno così: “Ehi! Il mercato dei cambi più importante di Bitcoin è scomparso nel nulla… e invece di collassare, i Bitcoin ancora si vendono a 500 dollari! Una moneta robusta, con grandi capacità di ripresa! Un successo! Grande!…
O futuro do Bitcoin é “incerto”? Eu duvido
Uma cobertura jornalística mais razoável do colapso do Mt.Gox, um dos maiores mercados de Bitcoin, seria mais ou menos assim: “Uau! Um dos maiores mercados de Bitcoin da internet acaba de desaparecer e, em vez de entrar em colapso, o Bitcoin ainda é comercializado por cerca de US$ 500! Que moeda robusta e resistente! Que…
Future Of Bitcoin “In Doubt?” I Doubt It.
Sane news coverage of Bitcoin exchange Mt.Gox‘s collapse would look something like this: “Wow! The Internet’s largest Bitcoin exchange just vanished into thin air … and instead of collapsing, Bitcoin is still trading at about $500! What a robust, resilient currency! What a success story! Wow! Wow!” Sanity in news coverage? Well, not so much….
We Are All Agorists Now
Transfer of Power Arguably the most powerful person in the United States (even rivaling the POTUS), Ben S. Bernanke, has left the Federal Reserve. Since 2006 he has sought to make the economy his marionette. Fed policies, under his direction, worked to manage a collapsed housing market, busted mortgage industry and the 2008 global financial crisis –…
2013: Finaliza una Era y Comienza una Nueva
Bueno, estamos a punto de dejar atrás otro año, así que es hora de anunciar mis dos nominaciones para “La Persona más Influyente del año 2013”. El sobre, por favor… ¡Tenemos un empate! El premio va para… Edward Snowden y Satoshi Nakamoto. A Edward Snowden, porque que en 2013 sus revelaciones de las travesuras malévolas…
Building Creative Commons: The Five Pillars Of Open Source Finance
“Building Creative Commons: The Five Pillars of Open Source Finance” was written by Brett Scott and published on his blog The Heretic’s Guide to Global Finance: Hacking the Future of Money. We are honored to have Brett Scott‘s permission to feature his article on C4SS. Feel free to connect with Scott through twitter: @Suitpossum. AHOY, THERE BE A CLOSED…
2013: One Era Ends, Another Begins
Well, we’re about to wrap up another year, so it’s time to throw out my dual nominations for “The Most Impactful Person of 2013.” The envelope, please? And the co-winners are … Edward Snowden and Satoshi Nakamoto. Edward Snowden, because in 2013 his revelations of evil hijinks by the US National Security Agency brought a…
Por qué Bitcoin les hace Temblar de Miedo
Alan Greenspan, el señor que como presidente de la Reserva Federal infló el dólar un 77,5%, nos dice que “[Bitcoin] es una burbuja”. Greenspan afirma que “se requiere un verdadero esfuerzo imaginativo para inferir en donde reside el valor intrínseco de Bitcoin. No he sido capaz de hacerlo”. Sin embargo, Greenspan de alguna manera se…
Why They Really Fear Bitcoin
“[Bitcoin]’s a bubble,” asserts Alan Greenspan — who, as chair of the US Federal Reserve, oversaw a 77.5% inflation of the US dollar. Greenspan asserts that “you have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it.” Somehow, however, he can stretch his…
A “Challenge for Regulators?” That’s the Whole Point, Senator Moran!
The Lawrence, Kansas Journal-World‘s Peter Hancock writes that US Senator Jerry Moran (R-KS) finds Bitcoin “a difficult subject” (“Senator says ‘Bitcoins’ are challenge for regulators,” November 25th). And in certain respects Moran is correct. Encrypted digital currencies do imply a technical learning curve for users (and presumably for creators). It seems pretty obvious, though, that what…
Financial Freedom versus the Stability-Stagnation-Surveillance State
David Cameron, the UK prime minister, has been caught pants down. His tie is not on straight and he begins his speech grasping for straws. “We do live in a dangerous world. We live in a world of terror and terrorism”, he says playing on people’s fear. He references a recent attack on a British…
We Need Freedom of Speech in our Financial Commerce
Financial commerce, the exchange of money and currency, is indistinguishable from speech. Therefore, it deserves the exact same respect and “freedom of speech” protections afforded to the utterances of the street-corner preacher, the independent journalist, the newspaper publisher, the internet blogger and so on. Financial commerce is speech, and should be free. Despite all of the “freedom…
Bitcoin Obliterates ‘The State Theory Of Money’
Matonis: Bitcoin is not a governmental instrument of legal tender that requires regulatory legitimacy and coercion by law in order to gain acceptance.
Bitcoin: Roller Coaster of Love
Knapp: Is Bitcoin the end of political government? No, but it’s part of the beginning of the end of political government.
Air Guitars and Bitcoin Regulation
Jon Matonis: Bitcoin was designed from the outset to route around centralized, authoritarian interference
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