I’ve blogged before about how bitcoin will become institutionalised, that you cannot have money without government, why it needs a Foundation and how a Wild West structure for value exchange will fail. It’s certainly moving in that direction after the latest revelations about the Bitcoin Foundation, alongside the equally revealing announcements that banks are incorporating…
Nicholas Carson of Business Insider interviews Silicon Valley entrepreneur Wences Casares. Here's why bitcoin will be bigger than the internet "In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin." —Wences Casares Serial entrepreneur Wences Casares created Argentina's first internet…
Bitcoin still stirs up a huge debate about where it will go in the future; will it become institutionalised; what is the blockchain going to do to banking; and more. In order to clarify the debate, we interviewed Jon Matonis, a renowned expert on bitcoin and cryptocurrencies, to find out what is the truth. Tell…
So I’ve talked about Banking-as-a-Service for some time, but what about Crime-as-a-Service? It does exist on a pay-as-you-blow basis. Europol were one of the first to note this trend, in a report published late last year (from ITPro): According to the organisation’s 2014 Internet Organised Crime Threat Assessment (iOCTA), the model allows cybercriminals to develop sophisticated malicious…
So yesterday, I said that bitcoin will not escape the regularity focus. This is a philosophical debate, rather than a technical one, and may be decided by the precedents that have gone before as the internet of money is actually Net 6.0. What I mean by this is that the internet has undergone at least…
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…
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…
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…
I just spent a couple of days talking about cryptocurrencies and the bitcoin thing again. This time in Oslo at our fourth meeting of the Financial Services Club Nordic Region. It still amazes me how many misperceptions and distorted views there are out there about this area. One guy came up to me and said,…
I just spent a couple of days talking about cryptocurrencies and the bitcoin thing again. This time in Oslo at our fourth meeting of the Financial Services Club Nordic Region. It still amazes me how many misperceptions and distorted views there are out there about this area. One guy came up to me and said,…
