Why Enterprise Blockchains Fail: No Economic Incentives

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In developing blockchain projects, companies often lack an understanding of the economics of networks, and the path to creating long-term monetization.

via CoinDesk https://www.coindesk.com/why-enterprise-blockchains-fail-no-economic-incentives

The States Can’t Blockchain

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If states want to promote the use of blockchain tech, they need advisors with solid technical understanding of what they're trying to legislate.

via CoinDesk https://www.coindesk.com/the-states-cant-blockchain

The Beginner's Guide to Bitcoin Part 12: Bitcoin Privacy & OpSec with Jameson Lopp

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Location: Skype Date: Monday, 17th February Project: CasaRole: CTO

Welcome to the Beginner's Guide to Bitcoin:

Bitcoin can be intimidating for beginners. The protocol is complicated, the community can be aggressive and unforgiving, silly mistakes can lose you money, and it is easy to succumb to altcoin marketing.

Bitcoin does though, offer you the opportunity to hold a new type of monetary asset, one which can't be seized by the government and is censorship resistance and It has the potential to change the way the world.

The goal of What Bitcoin Did has always been about making things simple; there are no stupid questions, and the show is here to help beginners navigate this new world. To kick off 2020, we are launching a special series to help beginners understand Bitcoin. We will be looking at the basics from breaking down the protocol to explaining the economics and discussing the potential societal shift.

Beginners Guide Part 12 - Bitcoin Privacy & OpSec with Jameson Lopp

When entering Bitcoin, you leave behind the traditional banking system. Bitcoin allows you to take back your monetary sovereignty, and with that, you must secure your coins. With Bitcoin, there is no insurance or fraud prevention, and if you mismanage your private keys and someone can access them, hackers can steal your Bitcoin.

There are several techniques that you can use to protect your Bitcoin from hackers as well as your transactions and personal information from data-hungry companies such as Facebook and Google:

VPN - Running a VPN masks your identity and location.

2FA - Two-factor authentication such as Google Authenticator & YubiKey adds another layer of security to your accounts. (Not SMS 2FA)

Browsers - Privacy focused browsers such as Tor & Brave help shield your online activity from trackers and fingerprinting

Hardware Wallets - Using a hardware wallet such as ColdCard, Ledger or Trezor takes your private keys offline and if your seed phrase is stored correctly is a very secure way of holding your Bitcoin

Running a Node - A node is a program that directly connects to the Bitcoin network and allows you to verify the state of the blockchain and validate transactions. This removes the need to trust someone else's node to verify your transactions and balances.

In Part 12 of the Beginner's Guide to Bitcoin, I talk to Jameson Lopp, co-founder and CTO at Casa, and renowned Bitcoin privacy expert. We discuss Bitcoin privacy, best practices and operational security.

via The Let's Talk Bitcoin Network https://letstalkbitcoin.com/blog/post/the-beginner-guide-to-bitcoin-part-12-bitcoin-privacy-opsec-with-jameson-lopp

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

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Researchers at the Bank for International Settlements say the future of payments may be peer-to-peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream.

via CoinDesk https://www.coindesk.com/bis-paper-reckons-with-p2p-payments-tokenized-securities-central-bank-digital-currencies

Chain Reaction - Eric Feigl-Ding: The Coronavirus Pandemic is Inevitable

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Host Tom Shaughnessy sat down to speak on short notice with Eric Feigl-Ding, PhD, an epidemiologist, health economist, and nutrition scientist at the Harvard Chan School of Public Health to discuss the Coronavirus (COVID-19).

Eric has been an extremely informative source on the Coronavirus, and we discussed all aspects of the virus from what it is, to transmission rates, to outlook and vaccines and some potential outcomes. I really appreciate Eric taking the time on such short notice to sit down and discuss the virus.

Eric's experience speaks for itself; he was noted for his role as a whistleblower and leader of a key two-year-long investigation into the controversial drug safety and risk data of Vioxx‚, Celebrex‚, and Bextra‚ that drew FDA and national attention. He has published in leading journals, including the New England Journal of Medicine, Journal of the American Medical Association, The Lancet, and Health Policy. His 150+ publications have received 62,000 citations (H-Index 72). As a Web of Science Highly Cited Researcher, He was ranked in 2018 as among the Top 1% of all scientists worldwide.

Given the urgency of this episode, I am releasing this outside of our normal programming.

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via The Let's Talk Bitcoin Network https://letstalkbitcoin.com/blog/post/chain-reaction-eric-feigl-ding-the-coronavirus-pandemic-is-inevitable

Let's Talk Bitcoin! #429 Coronavirus Impacts on Bitcoin (And the IRS's Dumb Singularity)

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Earlier this week theLet's Talk Bitcoin! Showgathered to discuss Coronavirus and its potential impacts or disruptions to the decentralized world of bitcoin.

On today's podcast we discussCoronavirusand:

• The bitcoin mining industry and the slowing rate of hash-rate increases in the run-up to the 2020 halving
• Safe haven, uncorrelated and risk asset narratives as the price of bitcoin bounces defies expectations
• The potential for shifts in how society thinks about money in the wake of a highly transmissible global disease
• Plus a brief primer on virus families(skip to 13 minutes for blockchain only content if you're already up to speed)

Later, we hear from correspondent George Ettinger about the indications of a "Dumb Currency Singularity" taking place at the IRS right now (also presented in full text below).

Credits for LTB#429- Coronavirus Impacts on Bitcoin (And the IRS's Dumb Singularity)

• This episode of Let's Talk Bitcoin! is sponsored byPurse.ioandeToro.com.
• This episode featuredStephanie Murphy,Andreas M. Antonopoulos, George Ettinger and Adam B. Levine
• Today's episode was produced by Adam B. Levine, edited by Adam B. Levine with music provided byJared Rubensand Adam B. Levine
• Would you like to Sponsor a future episode of the Let's Talk Bitcoin! show? Do you have any questions or comments? Emailadam@ltbshow.com

via The Let's Talk Bitcoin Network https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-429-coronavirus-impacts-on-bitcoin-and-the-irss-dumb-singularity

Coronavirus Impacts on Bitcoin (And the IRS’s Dumb Singularity)

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Andreas M. Antonopoulos, Stephanie Murphy and Adam B. Levine discuss coronavirus and its potential impacts or disruptions to the decentralized world of bitcoin. Plus a humorous look at the IRS's challenges as it lumps together bitcoin and... Ro-Bux?

via CoinDesk https://www.coindesk.com/coronavirus-impacts-on-bitcoin-and-the-irss-dumb-singularity