Posts by Matthew Rabinowitz
In a couple years, watch a new Visa / MasterCard alternative launch
In a couple years, watch a new Visa alternative launch. The key ingredients are already here right now.. A distributed ledger. A tokenized currency, United States Dollar, and a payment processing vendor BitPay. The next piece that is coming will be to form an alternative to Visa / MasterCard with all of the benefits. …
Read MoreSupporting the long-view of Ethereum
Instead of creating tokens on an existing blockchain (e.g. Ethereum or any Turing-complete blockchain), some have taken the step of using their own blockchain (please see Venezuela’s “Petro” or others). By utilizing Ethereum, a token issuer has reasonable confidence that consensus algorithms have already been validated. By using a speciality blockchain, unless properly defended, you…
Read MoreVenezuela Passports
In a push to force the utilization of the newly (re)launched digital assets secured by Venezuelan hard assets, the government is now requiring the usage of their digital asset to secure a national identity document (passport) to allow for international travel. Which exchanges will “float” the Petro? Will there be mass adoption of the state-backed…
Read MoreCFTC – Long-term view
This will take a generation to occur, but the transformation will occur. https://www.ccn.com/cryptocurrency-is-here-to-stay-cftc-chairman-giancarlo/
Read MoreHyperledger and Enterprise Ethereum Alliance Join Forces
This is a big deal. On the surface, the two largest alliances to promote enterprise blockchain adoption are agreeing to work together. That in itself is a good thing. No question. There have been silent and not so silent pushes within the Hyperledger community to start ethereum testing and cross-compatibility for a while. However, my…
Read MoreMonopoly nailed it….
Conversion from Fiat to Digital
Shout out to Coin Dance. This is a waiting game for digital assets.
Read MoreCapital markets are forming…
Add this to the list of projects that are forming capital markets around digital assets. Compound
Read MoreLightning Network
Shout out to 1ml (1ml.com/statistics)… For the Lightning Network to succeed, and for Bitcoin Core to have any real shot of long-term survival by utility / usage, we are going to need to see an order of magnitude or more of bitcoins move on to the Lightning Network. As it stands right now, one nefarious…
Read MoreBlockchains are great, but….
Blockchains are great… but when nations start to use them to circumvent sanctions… the end of the movie isn’t fun to watch. https://bcfocus.com/news/north-korea-attains-milestone-as-is-hold-first-international-blockchain-cryptocurrency-conference/21767/
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