Chris Skinner's blog

Shaping the future of finance

Crypto

We are not Borg, we are Human and dancing to a different tune

Building to the theme of the divide between the old world of finance and the new, and why (some) banks aren't fit for the 21st century, brings a few more points to mind, in particular about control and centralisation. Banks were built as control freaks. They need to own the complete end-to-end cycle of everything….

Old world

Heidi Miller, Bitcoin and fitness for purpose

Building on yesterday’s theme about how a cheque from Canada has taken six weeks to process and had significant processing charges taken from the deposit as a result, reminds me of Heidi Miller’s speech from SIBOS 2004, which is still talked about today. What did Heidi say that was so compelling? She basically asked why…

Heidi Miller, Bitcoin and fitness for purpose

Building on yesterday’s theme about how a cheque from Canada has taken six weeks to process and had significant processing charges taken from the deposit as a result, reminds me of Heidi Miller’s speech from SIBOS 2004, which is still talked about today. What did Heidi say that was so compelling? She basically asked why…

Bankers and regulators: do you want a Red or a Blue Pill (Matrix)?

I had a Red Pill moment last week. Not an Aha moment but a Red Pill moment because I realised the false reality of our world. You see, I present all the time and talk about the forces of change for the future: Political, Economic, Social and Technological (PEST). I usually skip over the Political…

Things worth reading: 7th March 2014

Things we're reading today include … Bitcoin news: Man called Bitcoin's father denies ties, leads LA car chase Creator of Bitcoin 'found' in US Bitcoin not a currency says Japan Police investigating 'unnatural' death of Bitcoin exchange chief Autumn Radtke Other news: FCA outlines crowdfunding rules Crowdfunding rule angers industry Icahn says fight for PayPal…

Things worth reading: 7th March 2014

Things we're reading today include … Bitcoin news: Man called Bitcoin's father denies ties, leads LA car chase Creator of Bitcoin 'found' in US Bitcoin not a currency says Japan Police investigating 'unnatural' death of Bitcoin exchange chief Autumn Radtke Other news: FCA outlines crowdfunding rules Crowdfunding rule angers industry Icahn says fight for PayPal…

What can you buy with a bitcoin?

Everyone thinks bitcoins are worth buying as they keep going up in value.  From $2 in October 2011 to $20 in January 2013 to $266 in April to $100 in May to $1300 in December to anywhere between $250 and $600 today, dependent upon where you trade them. In other words it is a highly…

MIT bitcoin part