Category: Op-Ed
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An Indian Kid and the Pastry Window of Cryptocurrency
The average young Indian is curious and confused about cryptocurrency. They think it is cool, but right now, thanks to an interim regulatory ban, it’s a world that’s out of their reach, leaving them anxious and hungry to learn more. Do regulators and users know where to go from here? Also read: Major Indian Bitcoin Exchange…
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Lawmakers Have Defined Blockchain – Badly
Bitcoin is many things to many people. To some, it is a peer-to-peer version of electronic cash, just as Satoshi intended. To others, it’s a store of value, while yet others see it as a system for remittance. When it comes to Bitcoin’s ledger – the blockchain – interpretations are equally divided. This presents a…
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Africa and its Antiquated Banking: Cryptocurrencies The Solution?
Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning…
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As Zimbabweans Struggle For Cash, Even The Country’s Only Bitcoin ATM Has Run Dry
The Golix bitcoin ATM took on obvious importance when it was first introduced in the Zimbabwean capital Harare, early April. In a country without a currency of its own, where conventional automated teller machines (ATMs) have become useless due to a severe cash crisis, the bitcoin machine was seen as the new gateway to faster…
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Laughing at the Misfortune of Other Traders is Crypto’s Fastest Growing Sport
The world can be a mean place, and never is this more evident than on Crypto Twitter (CT) and Telegram. In addition to enduring the anguish of seeing their portfolio shed 95%, investors are having their downfall shared with the rest of the cryptoverse for others’ entertainment. The practice, while occasionally cruel, does have its…
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Curing the Disease of Control with Taoism and Crypto-Anarchy
Many people lust for control. They need to control objects, animals, and people. This need for domination leads some to use violence to sate their urges. Their blind obedience to control unlocks a pathology that destroys their thinking faculties. It turns them into animals, driven by a fetish for control. In some ways, this need…
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Bitcoin is a Permissionless, Decentralized Firearm: Cody Wilson is Satoshi Nakamoto
The path to a cryptocurrency revolution might just run through a sleepy Austin, Texas industrial park, home to offices of Cody Wilson and his company, Defense Distributed in the United States. Parallels exist between downloadable files from a website, allowing users access to 3D printable firearms, and a permissionless, decentralized, censorship-resistant medium of exchange. If…
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Apocalyptic Predictions About Privacy Coins Are Very Wide of the Mark
Bitcoin is a permissionless ledger. In plain English, that means you don’t need to ask anyone’s damn permission to use it. There are no terms and conditions to read, no checkbox to tick, and no forms to sign before you can send or receive bitcoin. But if some people had their way, pseudonymous cryptocurrencies, as…
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Cryptowhispers: Binance Token Listing Quote – 400 BTC, $2.5 Million
Tantalizing, unconfirmed rumors are bouncing from crypto Twitter, and this time it’s Expanse co-founder Christopher Franko leading the charge. Mr. Franko insists he was quoted 400 bitcoin core (BTC), roughly $2.5 million as of this writing, for a token listing on the exchange Binance. On the cross accusation that he is lying, Mr. Franko further…