Chris Skinner's blog

Shaping the future of finance

Crypto

Can you have decentralised exchange without centralised control?

I often have these debates with the bitcoin community about whether you can really have money without government.  Let’s not call it money without government even, let’s just focus upon the question of whether you can have value exchanges that are unregulated. The main protagonists for bitcoin continually tell me this is the reality.  They…

Predictions for 2015

I always like to start the New Year by making a bunch of predictions, but have been beaten to it this year by the Financial Times.  Therefore, I will make some specific banking and technology predictions this week but, as I like to look at the economic and social changes in the year, the easier way to…

Bubble burst

Predictions for 2015

I always like to start the New Year by making a bunch of predictions, but have been beaten to it this year by the Financial Times.  Therefore, I will make some specific banking and technology predictions this week but, as I like to look at the economic and social changes in the year, the easier way to…

Bubble burst

Wrappers, replacers and reformers are all targeting banks

I’ve been talking about the hot new start-ups targeting the banking markets for a while.  There are literally 1000’s of them – the Fintech Awards had over 750 firms to review this year alone – and sifting the wheat from the chaff is hard.  There are a few standouts however, and these are the ones…

P2P lenders

Will Bitcoin replace SWIFT?

So I made a slightly provocative comment, as it turned out, during my keynote at PaymentsNZ.  It was picked up and referenced by Richard Meadows in yesterday’s article:  “[Skinner] said the coding behind virtual currency Bitcoin could also prove to be enormously transformational, potentially even replacing the SWIFTnetwork for inter-bank payments”. This created a lot…

What is Money?

Blimey!!! When you start debating nuances of things with the Bitcoin community, it doesn’t ‘arf get into a pedants dream. In this case, we clarified some of the dialogue about the blockchain and bitcoin yesterday.  The net:net of that discussion is that you have to a have a native currency to use the blockchain.  It…

Cash

What is Money?

Blimey!!! When you start debating nuances of things with the Bitcoin community, it doesn’t ‘arf get into a pedants dream. In this case, we clarified some of the dialogue about the blockchain and bitcoin yesterday.  The net:net of that discussion is that you have to a have a native currency to use the blockchain.  It…

Cash

Banks using the bitcoin blockchain is like putting a bird in a cage

The Bitcoin community have been educating me lately in how their currency can not be regulated. This stems from my assertion that money was created to control people and therefore you cannot have money without government. The Bitcoin guys tell me that once you’ve converted your currency into bitcoins, then you can trade that currency anywhere…

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

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