27 Mar '16, 4pm

Bitcoin, Blockchain and the Central Planning of Digital Money

Bitcoin, Blockchain and the Central Planning of Digital Money

Economic research should be considered seriously and responded to. For example, if we make design decisions to create a fee market, and an economist writes a paper presenting strong arguments for why a fee market already exists, later supported by additional empirical data, this must be processed. If we introduce a constant to foster economic health of a service in the system (mining) and someone rightly points out this is a type of economic control with a deeply problematic past, we must revisit this approach and consider other options. Economics should not be treated as a second-class citizen to computer science, but should be considered in tandem. 2. We must seek to eliminate points of central planning in the design of bitcoin. When we do introduce such controls, they should be acknowledged as suboptimal and temporary, and ideally with a concrete plan for their removal....

Full article: http://www.coindesk.com/bitcoin-blockchain-central-planni...

Tweets

BitFury Explains How to Securely Store and Transfer Digital Assets on the Bitcoin Blockchain

BitFury Explains How to Securely Store and Tran...

cointelegraph.com 27 Mar '16, 12pm

Leading Bitcoin Blockchain infrastructure provider and transaction processing company, BitFury , has recently released a w...

Bitcoin and Blockchain Startups Not Immune From Selective Investors

Bitcoin and Blockchain Startups Not Immune From...

coindesk.com 27 Mar '16, 4pm

As investment in FinTech continues to rise, investors are becoming more selective in doling out money to startups, includi...

Central Banks Face 3 New Dilemmas in the Era of Bitcoin and Digital Currencies

Central Banks Face 3 New Dilemmas in the Era of...

bitcoinmagazine.com 25 Mar '16, 7pm

This is a guest post by Sunil Aggarwal. He runs an online learning solutions company, Theory Frames, and has taught about ...

Bitcoin Price Predictions: Blockchain Oracles -...

coinreport.net 26 Mar '16, 7pm

Picture this. You’ve invested a substantial amount of your net worth in a single commodity. You can’t hold it, touch it, o...

What is bitcoin? How to make money with bitcoin...

payinghyiponline.com 07 Apr '16, 4am

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentral...

#Bitcoin

#Bitcoin

coindesk.com 25 Mar '16, 8pm

This morning the technical steering committee for the open-source Hyperledger project was on the verge of unanimously voti...

#bitcoin

#bitcoin

bitcoinmagazine.com 28 Mar '16, 6pm

This is a guest post by Justin O'Connell. The Aite Group projects the blockchain market could be valued at $400 million by...

#bitcoin

#bitcoin

coindesk.com 30 Mar '16, 8pm

A platform for developing enterprise blockchain applications has raised €600,000 in seed funding. Stratumn, based in Paris...

Fred Wilson, Reid Hoffman Back MIT's $900k Bitcoin Developer Fund

Fred Wilson, Reid Hoffman Back MIT's $900k Bitc...

coindesk.com 28 Mar '16, 6pm

MIT announced today it has raised $900,000 to fund the work of three bitcoin developers. The Bitcoin Developer Fund, backe...

ISIL Has Bitcoin; They Also Have USD - newsBTC

ISIL Has Bitcoin; They Also Have USD - newsBTC

newsbtc.com 26 Mar '16, 7pm

While Bitcoin has a number of great uses, it can still be potentially misused. The very fact that the bitcoin can be misus...

How about Bitcoin as a protocol?

How about Bitcoin as a protocol?

livemint.com 03 Apr '16, 11am

The necessary big change for Bitcoin when it comes to such major transactions is the use of real identity. No more anonymo...

Bitcoin Remains Most Popular Digital Currency on Dark Web

Bitcoin Remains Most Popular Digital Currency o...

coindesk.com 21 Mar '16, 7pm

Two professors at the Department of War Studies at King’s College London have published the results of their deep dive int...

Central Market goes Online with 11Street [Artic...

malaysianwireless.com 28 Mar '16, 4am

Online marketplace 11street (Malaysia) and Central Market, one of Kuala Lumpur’s oldest and most famous centres for Malays...