What makes a nocoiner a nocoiner is not simply the absence of cryptocurrency from his investment portfolio, but his sanctimonious attitude about it.
John Perry Barlow fought for an open internet. Late in life, he cautioned blockchain innovators that the technology could be liberating or oppressive.
Tracking funds on the blockchain may help catch crooks, but such snooping undermines one of the most important characteristics of money: Fungibility.
Marco Santori is leaving Cooley to become president and chief legal officer of Blockchain, a longtime client and one of the earliest wallet startups.
Stephen Palley’s team will work on mediating disputes and what people in the traditional finance world call “workouts” – fixing distressed situations.
Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.
The statement, provided Saturday evening, confirms the suspicions of online sleuths and is likely to raise new questions about the company’s finances.
Not all unwelcome tidings can be dismissed as attempts to sow “fear, uncertainty and doubt,” and shooting the messenger won’t make the message untrue.
It may be fair to compare what cryptocurrency and blockchains are going through to the 1990s dotcom bubble, but not to the 2000s housing bubble.
Blockchains are inefficient, and worth the cost only when censorship-resistance is required. For money, it clearly is; for identity, it just might be.