Nobody is attacking Craig Wright
After we have witnessed years of harassment against Dr. Craig Wright, it might be time to wake up to the fact that actually nobody is attacking him, Dr. Michael Wehrmann writes.
Search Results for: cartel
Here’s why Bitcoin will not succumb to a mining monopoly
Bitcoin now holding at $4,000—professional mining groups with specialized computer chips now have been dominating the creation of bitcoin.
ARK has also been debunking common myths about Bitcoin in general, advocating for more open mindedness from the financial world concerning Bitcoin.
However, reading through the ARK Invest material concerning digital assets, one is astonished that there seems to be no focus on Bitcoin SV. Since Bitcoin SV is the only digital asset that scales and has a set in stone protocol, it should very well be the main focus of an investment firm that specializes in disruptive innovation.
It is no coincidence that famous economist George Gilder delivers the education necessary to understand Bitcoin SV and has appeared as a keynote speaker at the Bitcoin SV dedicated CoinGeek conference in London 2020. Gilder will also attend the next CoinGeek conference.
https://www.youtube.com/watch?v=kUwlYlM4t2U
Disruptive innovation in the digital asset sphere: Is ARK Invest missing out on Bitcoin SV?
ARK Invest offers an ETF solution called “ARK Next Generation Internet” that is described as consisting of
“(...) companies focused on next generation internet. Companies within this strategy aim to capture the substantial benefits of new products and services associated with scientific research and technological break-throughs in internet-based products and services, new payment methods, blockchain technology (...)”
Exploring this ETF, one does not find any hint on Bitcoin SV and associated business models such as blockchain transaction processing, Bitcoin SV driven applications and more. Even transactional world records being made on Bitcoin SV seem not yet acknowledged by ARK Invest:
So ARK Invest might be missing out on Bitcoin SV totally.
That would be no surprise though, as the digital asset sphere suffers from a severe case of information asymmetry and even professional investors struggle to understand Bitcoin SV’s role in the blockchain ecosystem. Part of the problem is the so called “crypto cartel” that hinders real innovation in the digital asset sphere for their very own reasons.
ARK Invest does not yet seem to look through the deception of “hodl BTC”—there is a reason why the “hodl narrative” is being pushed aggressively in the digital asset sphere.
Bitcoin is not in existence to be “hodled”, but to be used—it is about utility, because utility is value. Bitcoin is not digital gold, but a way to value data:
https://www.youtube.com/watch?v=wVbLyUWmCHU
The crucial information concerning Bitcoin SV is out there already
Bitcoin SV has had a brilliant year from an investment perspective as CoinGeek’s Mohammad Jaber pointed out. Jaber also explained how Bitcoin SV is uniquely positioned to become the dominant digital asset. There are reasons for Bitcoin SV’s meteoric rise.
Digital assets make no sense if they have no use case. That simple fact is still overlooked by investment firms and digital asset enthusiasts in general. Businesses prefer Bitcoin SV already and will continue to do so, as only Bitcoin SV is technologically and economically capable of serving as a global ledger.
Worth mentioning is the fact that Bitcoin SV’s roadmap is protected by a vast patent portfolio of nChain, leaving competing digital assets utterly behind in the long run:
https://www.youtube.com/watch?v=_wXBAgCuyQM
Should ARK Invest consider Bitcoin SV? For sure. Will they though? Depends.
If ARK Invest is looking for disruptive innovation, Bitcoin SV should be their main target of research.
If they instead prefer to follow the masses concerning BTC, ETH etc., another investment firm might outcompete ARK Invest in this area very fast.
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ARK Invest and Bitcoin SV: Is Cathie Wood missing out?
Bitcoin SV should be ARK Invest’s main target of research if they are looking for disruptive innovation, Dr. Michael Wehrmann writes.
OpenSea now requires police reports in NFT theft cases—but is it enough?
OpenSea has announced policy changes to combat the theft of NFTs, and while this is an excellent first step, the platform has yet to address its biggest problems.
Met Police urge for crackdown on digital asset money laundering
London’s Metropolitan Police are lobbying the U.K. government to legislate to make it tougher for criminals to use and transfer digital assets, according to Detective Chief Superintendent Michael Gallagher.
Bitcoin SV thrives while BTC reaches ultra high transaction fees
While BTC is busy damaging the Bitcoin brand, Bitcoin SV dedicated apps and services generate more and more transactions on chain, creating real value for Bitcoin.
Bitcoin.com distances itself from controversial BCH mining tax plan
Roger Ver-owned Bitcoin.com has backtracked on its earlier support for autocratically enacting a tax on miners to fund the development of the BCH fork.
Oyster Protocol: Feds charge founder over self-minting scam, unregistered ICO and tax evasion
Bruno Block faces decades behind bars in connection with an unregistered ICO, as well as allegations of secretly self-minting tokens and tax evasion.
US labor department urges ‘extreme care’ before adding digital currency to 401(k) plans
A day after U.S. President Joe Biden signed the executive order on digital assets, the Department of Labor issued a warning about the potential pitfalls of offering digital currencies as investments.
South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report
South African investors are still in shock after a digital currency scam reportedly made off with R54 billion ($3.8 billion) and blamed it on a hack.
Likely SEC head has ‘investor interests’ at heart, in blockchain and elsewhere
Gary Gensler, the Biden administration's nominee to head the U.S. Securities and Exchange Commission, has highlighted "investor protections" as priorities for the digital asset industry.
Michael Saylor, MicroStrategy sued for tax fraud by D.C. Attorney General
District of Columbia Attorney General Karl A. Racine announced that his office was suing the MicroStrategy founder over allegedly having “lived in the District for more than a decade but has never paid any D.C. income taxes.”