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“# El Salvador adopting Bitcoin could make it lose market dominance ” El Salvador recently added Bitcoin as legal tender. In barely over a decade, an open-source, cypherpunk, radically new money system, with no publicly known creator and open to participation in both using and building from anyone in the world, has gone from zero…
“# Banque de France tests digital currency-based securities settlement ” The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC). On Monday the bank officially announced the successful completion of a CBDC experiment with major Switzerland-based cryptocurrency bank SEBA. Conducted in…
“# Former LA Dodgers owner earmarks $100M for blockchain-based social media ” Frank McCourt, a billionaire real estate mogul and former owner of the Los Angeles Dodgers, is backing a new effort for a decentralized social media project based on blockchain technology. McCourt is investing $100 million into an attempt to reinvent the foundations of…
“# Digital euro offers better privacy protections than private stablecoins: ECB official ” European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of…
“#This summer, turn off your screens and go out into the real world” We have to put down our laptops, silence our phones and start living our lives again. Call it the Analog Summer. In the early days of the pandemic, I wrote with gratitude about our screens, which kept us connected when things were…
“# How smart regulation can improve the future of blockchain ” With extreme positions on both sides, some would have us believe that decentralized technology and regulation are mutually exclusive. As pervasive as that narrative has become, a more evolved view is that both decentralization and regulation are inevitable, so the best results will flow…
“# Decentralized identity can bring the analog world into the digital one ” It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust…
“# NFT art galleries: Future of digital artwork or another crypto fad? ” As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring digital, nonfungible pieces of unique artwork. Most recently, the largest Bitcoin (BTC) event in history — the Bitcoin 2021 conference —…
“#Scientists create new straw as an ‘instant cure for hiccups’” Scientists have created a cure for hiccups that doesn’t involve people ridiculously screaming “boo!” or holding your nose while chugging water. The “HiccAway” a “forced inspiratory suction and swallow tool”, is an L-shaped straw with an adjustable pressure valve on one end, according to the…
“# Smart contracts and the law: Tech developments challenge legal community ” Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as…