The irony is so thick you'd think it was made from ballistic jelly. But, that's exactly what's needed to contain this shot across the election-tampering bow the Russians just pulled off. According to Coindesk, the city of Moscow is unveiling an Ethereum-based version of its voting system called Active Citizen. By putting the votes on … Continue reading Moscow Begins Crypto-Elections Testing: Thumbs Nose at U.S.
This isn't a big long analysis post. Russia's Duma approved the new cryptocurrency law on January 25th. It was published by the Ministry of Finance. You can read it in Russian here. I put the whole document through Bing Translator this morning for y'all to read. Federal law On digital financial assets Chapter 1. General … Continue reading Russia’s New Cryptocurrency Law — Translated
There is a new private blog post up over at my Patreon page covering this week's market action and where I think markets like the DOW, Gold and cryptos are headed in the near future. Gain access to the Private Blog by signing up for my Patreon Page for just $4/month.
It's clear to me now that Wall St. is behind the failure of the New York Agreement. Roger Ver and his championing Bitcoin Cash was used as a stalking horse to destroy Bitcoin's ability to function in the marketplace. But, it is this very kind of attack that betrays the weakness of their position. The … Continue reading The War on Bitcoin is Proof Crypto is Winning
The meltdown this week in cryptocurrencies is very likely a near-term bottom. The expiration of the first CBOE futures contract seemed to play a role in the violent moves in prices. The steady stream of conflicting rhetoric from regulators around the world didn’t help matters. But, this is to be expected as once we see … Continue reading Crypto-Carnage Gives Way to Steadying Prices
Zerohedge just posted the most important headline in the crypto-space this morning. There comes a point where all the power in the world along one vector is useless along another. While Koreans may be trading on these cryptocurrency exchange how are regulators in Korea going to stop them from trading on exchanges in the U.S. … Continue reading South Korea Meets the Reality of Decentralization — Can’t Stop the (ex)Change that’s Coming
Governments created cryptocurrencies. Policy decisions from the most mundane regulations like pet licensure to the big ones like the bank bailouts after the fall of Lehman Bros. pushed the alliance of hard-money advocates and cryptography experts together to form Bitcoin. From its earliest days, Bitcoin advocates understood why they were spending their time developing its … Continue reading Perverse Incentives and the Rise of Crypto
New Private Blog post up this morning covering current action in Litecoin. To subscribe to the Private Blog, subscribe to my Patreon page and select the $4/month or higher reward tier.