Bitcoin – Page 6 – Impact Lab

Bitcoin, Blockchain, DaVinci Institute, Science & Technology News

DaVinci Speakers Series : Bitcoin and Blockchain

January 3, 2019

By now the mainstream media has been flushed with headlines about bitcoin and it’s underlying technology, the blockchain, but how will they actually change society? Is this all about creating a new form of money or will industries from all areas be impacted and disrupted? As a matter of fact voting, energy management, ride sharing, insurance, education, and virtually every single industry is about to undergo a paradigm shift. Come discover the present and future world where decentralized currencies and systems dominate.

SPEAKER BIO:

Cameron Schorg, also known as “The Bitcoin Guy” to many, was recently named 1 of 15 “People to Watch in 2018” by the Des Moines Register. The last 6 years of his life have been devoted to evangelizing and harnessing the disruptive nature of Bitcoin and its underlying technology, the Blockchain. As a pioneer, he launched an exchange startup at the age of 16, organized grassroots movements at more than 75 Universities worldwide, and works with some of the world’s most prominent cryptocurrency companies. Schorg is regularly featured as a subject expert at FinTech industry events, educational seminars, media coverages, and frequently consults companies and individuals. His relentless devotion stems from the will to free us all from economic slavery, truly democratize the worlds markets, and push humanity into an age of abundance. This starts with Bitcoin.

Banking, Bitcoin, Blockchain, Business, Money Talk

At least 15 central banks are serious about getting into digital currency

December 26, 2018

Digital cash may soon start replacing the physical kind.

The market for digital currency is down, but it’s certainly not out. Even if private cryptocurrencies are falling in popularity, it appears likely we are headed toward an era of national digital currencies that are backed by central banks.

Central banks are the institutions that set monetary policy for a nation, manage inflation, and act as the “lender of last resort”—such as the Bank of England in the UK and the Federal Reserve in the US. In fact, no fewer than 15 such central banks around the world are taking the idea seriously, and many others are at least exploring it, according to a recent report from the International Monetary Fund (IMF).

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Bitcoin, Blockchain, Employment

Salaries for blockchain engineers are skyrocketing, now on par with AI experts

November 1, 2018

Blockchain engineers are making between $150,000 and $175,000 in annual salaries on average.

Blockchain engineers are the top paid roles in software development, on par with specialists focused on artificial intelligence.

Demand for blockchain engineers has increased by 400 percent since late 2017 on Hired, a firm that helps clients recruit tech candidates.

The value of cryptocurrencies might be down in the dumps, but demand for blockchain engineers has never been higher.

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Bitcoin, Blockchain, Crypto-Technology, Money Talk

Five things that must happen for blockchain to see widespread adoption, according to Deloitte

October 10, 2018

Blockchain is touted as a technology that will revolutionize the finance sector.

Slow transaction speeds and a lack of standardization threaten to restrict growth.

Deloitte has highlighted five hurdles that the technology must overcome to hasten widespread adoption.

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Bitcoin, Crypto-Technology, Latest Trend

The tiny nations plotting to become tax havens for cryptocurrency

September 23, 2018

Success could transform these territories into cryptocurrency tax havens and safe spaces, and models for smaller economies of the future.

Payday won’t be the same next year for the soccer players of Gibraltar United, a team in the premier division of the sport’s league in the British overseas territory. Only a part of their salary will hit their bank accounts, and the rest will come to them in the form of cryptocurrencies. But the soccer team is no outlier there. Nor is Gibraltar unique — it’s among a growing set of tiny territories betting on cryptocurrencies as economic weapons of the future.

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Bitcoin, Blockchain, government, Money Talk

Will cryptocurrency replace national currency in the future?

August 27, 2018

Wrapping one’s head around the craze that is, cryptocurrency can often be downright confusing.

However, despite the influx of uncertainty, the digital commerce could become the global finance standard in the near future.

For starters, cryptocurrency is any form of currency that only exists digitally or virtually, and “usually has no central issuing or regulating authority,” according to Merriam-Webster’s Dictionary. Based on blockchain technology, the digital currency market determines the value due to supply (amount in circulation) and demand (volume of buyers and sellers).

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Bitcoin, Latest Trend, Money Talk

Cryptocurrency is just one of seven types of cryptoassets you should know

July 26, 2018

Two years ago, the entire cryptoasset market had a value of $9 billion. Had it been a public company, it would barely have cracked the S&P 500 index. Fewer than two years later, the cryptoasset market is $300 billion in size, roughly double the market capitalization of RBC, Canada’s largest lender.

The explosion (and recent pull-back) of value in cryptoassets like bitcoin and ether has captured the imagination of developers, and the attention of the media, governments, central banks, the investing public, and regulators. It has made enthusiasts euphoric, Nobel laureates skeptical, and old-school billionaires dyspeptic. Charlie Munger of Berkshire Hathaway went so far as to call bitcoin “noxious poison.” Is there any other kind of poison?

To be sure, there is a lot of hype in this market, and the industry must confront such implementation challenges as scaling technology and regulatory uncertainty. But beyond the hype and mania, something profound is happening—the creation of an entirely new digital asset class.

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Bitcoin, Blockchain, Crypto-Technology, Economy, Money Talk, Science & Technology News

Why the Crypto market will be trillions

July 9, 2018

Public embarrassment is a horrible feeling. We’ve all experienced in one form or another. Predicting the future of technology is daunting enough but mix that with the future of money and markets – forget about it. The effort was to convey a whole worldview in less than ten minutes. Needless to say, it required a fair amount of sweating to be more than an embarrassment, which it undoubtedly will be considered by some as. The risk seems worth it though so let’s do this!

The below video and continued text go into why many of our trusted systems no longer function properly. I don’t know who built the pyramids but they certainly had their measurement system right for it to be possible and sustainable. The damage done by tech advancements are not yet visible in society on a large scale. We hear of declining sales in music, the press, deteriorating health care budgets, automated factories, AI in commerce and about self-driving cars. The heads of many old systems have already been cut, are bleeding heavily and lashing out aimlessly as the body of the octopus still moves. To make some sense of this, the topics include crypto, capitalism, communism, genetics, competition, media, competence, fairness, cultural revolutions and our shared decentralized future.

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Bitcoin, Blockchain, Latest Trend, Money Talk

‘You can hear the panic in the bankers’ voices’ says Tim Draper

June 22, 2018

Most advice around ICOs tends to center on researching the team or project themselves, but Draper favors a different approach.

The never-ending debate is if Bitcoin is a universal currency. I attend the final session of the Blockchain Economic Forum in San Francisco, where venture capitalist Tim Draper was interviewed by former Obama administration CFTC chairman and current MIT lecturer Gary Gensler.

In a wide-ranging conversation, the pair covered many of the key elements causing so much excitement in the crypto space, and confidence in the future was the running theme.

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Bitcoin, Internet, Money Talk

Apple Co-founder Steve Wozniak wants ‘pure’ bitcoin to become the global internet currency

June 9, 2018

Bitcoin’s Two Possible Outcomes According to this digital asset manager.

Apple co-founder Steve Wozniak has thrown his weight behind Jack Dorsey’s hope that Bitcoin will emerge as the global currency of the internet.

The Twitter (TWTR, +3.02%) and Square CEO said last month that the internet is “going to have a native currency” and he hoped Bitcoin would be it.

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Banking, Bitcoin, Corporate Manipulation, Money Talk

Dutch central bank warns about the rise of the cashless society

June 8, 2018

No cash here.

The Dutch central bank DNB said on Tuesday it had concerns about the decline in the use of cash, saying the lightning-fast rise in digital payments could lead to vulnerable groups having limited access to goods and services.

While apps and other digital methods of payment are rising in popularity, ‘there is a risk that certain groups of consumers could be left behind and cut out of the payment systems,’ the bank said in a new report.

‘To make sure that everyone can continue to participate, paying in cash must remain an option. At the same time, the accessibility and ease of electronic payment systems should be improved.’

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Bitcoin, Blockchain, Employment, Latest Trend, Science & Technology News

The Cryptocurrency Job Market Is Exploding

June 5, 2018

Looking for a new career? Check out the crypto industry.

It can feel like a new cryptocurrency is popping up every hour, and that’s because they basically are. There are more than 1,500 tradeable cryptocurrencies. In 2017 alone, there were between 2.9 and 5.8 million people using crypto wallets throughout the year, compared to 0.3 to 1.3 million in 2013. There’s a $320-billion-plus market cap across all cryptocurrencies today.

It’s safe to say, the crypto market is growing. While this growth has helped some people strike it rich, it’s also benefited the job market. Between December 2016 and December 2017, there was a 207 percent increase in job postings for Blockchain positions on Indeed.com.

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