Even BTC is a security
To be classified as a security, the "investment," the "efforts," and the "third party" identified in the Howey test should not be completely unrelated to any interest in the "common enterprise."
To be classified as a security, the "investment," the "efforts," and the "third party" identified in the Howey test should not be completely unrelated to any interest in the "common enterprise."
Dr. Craig Wright was hated because people tend to have an image of who Satoshi Nakamoto should be, one that runs against the law, the complete opposite of the Australian polymath.
An unyielding real Satoshi fighting to keep his creation uncorrupted is far better for humanity than an imaginary ‘selfless Satoshi’ who has abandoned all his responsibilities.
The Federal Reserve Board believes dollar-denominated tokens will only raise concerns among the public linked to the issue of cybersecurity and could pose heightened financial risks.
The U.S. central bank digital currency—also known as the digital dollar—is not going to be a new kind of money, but just a new kind of currency.
Instead of competing for an exclusive network effect, interoperability creates a unique environment where developers and clients from all walks of life compete to provide the best user experience.
An asset will only gain effective physicality if the underlying blockchain has unbounded scalability, is compatible with IPv6, is universal, uses Proof-of-Work consensus, and is UTXO-based.
Craig Wright's time theory states that quantum entanglement doesn't require any information traveling under observable physics and suggests that an infinite amount of data is contained in the universe.
The FTX's implosion led to prices of some virtual currencies tumbling, while other tokens skyrocketed because the 'crypto' market is not based on utility but rather on speculation.
People don’t understand that the credit card system is a high-interest, short-term rolling debt/loan that is deceptively imposed on consumers.
Contrary to popular belief, the whole crypto frenzy has been the biggest enemy of the real technological development of blockchain and DLT.
The 'crypto' industry got in the wrong direction long ago and has gone too far by turning the original Bitcoin into a multitrillion-dollar gambling of speculations over other people's speculations.