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Some of the key issues associated with Bitcoin implementations include pseudonymity and privacy, lack of standard AML controls, and technical limitations, Dr. Craig Wright writes.
The energy associated with Bitcoin is attributed to the number of transactions verified, so as the system becomes more efficient, the efficiency measurement should be rated as the economic cost.
Bitcoin was created in line with the law, yet many misconceptions about the technology and blockchain, remain, including with regard to privacy, anonymity, and traceability.
In this article, Dr. Craig Wright takes a look into how the authors misrepresent Bitcoin technology, and failed to provide support for the conclusions, and presents a non-blockchain system.
In probing cybercrime associated with digital currencies, it would be possible to create models that can help reduce fraud and facilitate the tracing of funds associated with illicit activities.
Bitcoin presents a public ledger that provides a micropayment solution and a foundation to deliver digital cash, and understanding such distinction is a key foundational component of understanding the framework noted by Christensen.
The hype given to blockchain-based solutions can lead to false claims of solving problems that are structured differently than the researcher notes.
Innovative technologies like blockchain can address several issues, including transparency and the immutability of records extending into logistics systems.
In this report, Dr. Craig Wright examines how Bitcoin and related systems are transforming money and helping with inflation and other social matters.
In this article, Dr. Wright explores the concept of a cypherpunk ethic, including their moral worldview and naïve understanding of law and ethics.
Examining the literature surrounding the perception of blockchain as businesses understand it, Dr. Wright can see that multiple problems in areas like supply chain and accounting can be discerned.
An aspect of the paper that fails to analyze the technology correctly is a false determination that Bitcoin and related systems are encrypted.
