Bitcoin
Confessions of a Bitcoin sceptic
I could be fabulously wealthy right now. When I first wrote about Bitcoin, the price was $14.65 USD, and as of writing, the price is hovering just above $12,500 after undergoing a few ups and Read more…
Bitcoin
US regulator makes important decision about Bitcoin derivatives
Bitcoin has been back in the news. The US Securities and Exchange Commission (SEC) handed a blow to the cryptocurrency when it denied an application by the Winklevoss twins (of Social Network fame) to create Read more…
Bitcoin
Blockchains and the challenges of decentralization
I haven’t written a blog post about Bitcoin and the blockchain for quite a while, mostly because I spent most of my BTC energies in this First Monday article with Chris Marsden. This blog post Read more…
Bitcoin
Forget Bitcoin, the blockchain is where it’s at
My scepticism towards Bitcoin is well-documented. While I really like the idea of decentralized payment systems and cryptocurrencies, the current implementation of Bitcoin has too many question marks for my liking. While the BTC exchange Read more…
Bitcoin
The Silk Road trial: lessons for Internet regulation
On May 28 2015, federal district judge Katherine Forrest sentenced Ross Ulbricht to life in prison for his role as the creator and administrator of the notable dark net website Silk Road. The site was Read more…
Bitcoin
Bitcoin regulatory developments
After some bad news for the Bitcoin world, including the demise of its former largest exchange, may be reaching a mature stage. Bitcoin’s price continues to swing wildly, in the last 60 days the price Read more…
Bitcoin
Will lack of regulation kill Bitcoin?
Bitcoin has continued to rise in price, if not in adoption. Other than small services here and there, commerce is justifiably sceptical about using it as a means of exchange. Where BTC has been generating Read more…
Bitcoin
Why does law enforcement ignore the virtual economy?
Consider the following scenarios: A person has all of their money taken from their bank account by fraudsters. An armed gang enters a bank and takes all of the cash stored there. A person has Read more…
Bitcoin
We need decentralized cryptocurrencies, we just don’t need Bitcoin
As I am finishing writing this post, Bitcoin (BTC) is in the middle of a crash, or what some people call in technical terms, going completely bonkers. I have been unhealthily interested in bitcoins for Read more…