Bitcoin News That Interests Me
“The general goal of this project is to estimate the extent to which cannabis is illicitly bought and sold by Canadians on cryptomarkets, identify trends in the buying and selling behaviours of Canadian cryptomarket users, and discuss the policy and law enforcement implications of cryptomarkets within a Canadian context following legalization.”
Canada to Study Cannabis Cryptomarkets Ahead of Recreational Marijuana Legalization
“The reason why Bitcoin was initially adopted — the reason why Bitcoin and blockchain technology exists today — is that it exists for primarily one reason and one reason only. People don’t like to say this, but it’s because of the dark markets.”
https://cointelegraph.com/news/jeremy-gardner-bitcoin-is-no-different-than-money-systems-today-except-that-it-may-be-better
Since Bitcoin’s introduction in 2009, there have been several attempts to include a decision-making process as part of the rules of a blockchain. This is called on-chain governance, a formalized way in which a group of people can make changes by voting through the protocol.
Last week, statements from Binance CEO Changpeng Zhao (aka CZ) and Ethereum co-creator Vitalik Buterin led the community to speculate on the possibility of the crypto market achieving a 1,000 return in value in the long-term.
https://cointelegraph.com/news/can-crypto-record-a-1-000x-return-and-reach-200-trillion-market-cap
The U.S. Securities and Exchange Commission (SEC) announced that it needed more time to make a decision regarding the VanEck-SolidX Bitcoin ETF, and it set 29 December 2018 as the new deadline.
Regulators are discouraging trading in cryptocurrencies while they explore legislative frameworks. This is opening up economic space that smaller nations are looking to fill, by welcoming investments in cryptocurrencies, launching their own sovereign ones and steering clear of heavy-handed regulations. Success could transform them into cryptocurrency tax havens and safe spaces, and models for smaller economies of the future.
The Texas State Securities Board (TSSB) is taking emergency action against cryptocurrency scammers, peddling fake endorsements and posing as well-established blockchain services
https://thenextweb.com/hardfork/2018/09/19/tssb-cease-cryptocurrency-scammers/