Here is a log with relevant legal, regulatory, law enforcement and business risk milestones in the race of crypto-currencies to maturity with links to trusted sources.
Quite an uneventful month this past one has been. The number of crypto-events reached a 13-month low. Could it be that Bitcoin is finally getting “boring?”
The Key AUGUST 2014 Crypto-Events were:
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A few months ago, a Latin American advisory group asked me to comment on the Digital Sucre and the potential impact of a country adopting a digital or crypto-currency as legal tender. It never occurred to me that I should post the surface-scratching responses I came up with, until American Banker‘s Bailey Reutzel asked the question (here). With the upcoming release of AuroraCoin in Iceland, and the adoption of a bitcoin clone by the Oglala Lakota Native American nation, this seems to be a good time to poke the discussion. So here go my two cents in the hope that a few extra thoughts will be triggered.
In concept, is bitcoin more currency or payments system?
Bitcoin is both. In addition, and most importantly and fundamentally, it’s also a protocol on top of which additionally functionality can be built. The fact that Bitcoin (with a capital B) is multiple things at once is what creates most of the confusion about it. Bitcoin is a sophisticated globally distributed asset register that, at this moment in time, is mostly being used to register value in USD or other fiat currencies. Hence the fact that it’s mostly construed as a commodity, or a digital asset class with a corresponding value in fiat Continue reading
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Interview with Alan Safahi, founder and CEO of ZipZap
Last July, at the Inside Bitcoins conference in New York City, one speaker in particular made a comment that caused the loudest round of applause in the entire conference when he said: “This country was founded on a separation of church and state. I think we should also add separation of bank and state.” It was Alan Safahi, founder and CEO of ZipZap, Inc., a San Francisco-based start-up that aims to revolutionize international money transfers around the world.
Alan has graciously accepted to talk about his company, his vision and the future of digital currencies.
Juan: Please tell us about your background and how you got involved with Bitcoin.
Alan: I am a serial entrepreneur with 28+ years of experience with several start-ups under my belt in technology, telecommunications and financial services. I was an early adopter in the evolution of prepaid cards in the 1990s, so I have been part of the problem for the longest time! I got involved with Bitcoin in 2010 and have since been a vocal supporter and activist of digital currencies. I currency sit on the Advisory Board Continue reading