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The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Wall Streeting Bitcoin (Chapter 3, Part 5) Bitcoin was supposed to demonstrate the power of a true free market. Instead it’s full of scams, rent-seekers, theft, useless for real purchases…. … Read more
The price of bitcoin core (BTC) has dropped more than 25 percent in four days, and it looks headed for even worse territories as of this writing. Veterans have braced for its eventuality. However, there are many newly onboarded, and they’re only used to the world’s most popular cryptocurrency dipping slightly in an effort to … Read more
The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the country’s regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who … Read more
The South Korean cryptocurrency exchange affiliated with Kakao Talk has recently become the center of regulatory controversy. Upbit is the only major exchange in Korea that has not joined the other exchanges in support of self-regulation. Their agreement with Bittrex raises the question of how the regulation applies to them. Meanwhile, the exchange is having … Read more
