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‘First Bitcoin Investment Fund’ Pantera Capital Celebrates 5 Years, 10,000% Return

Billed as the first bitcoin investment fund, Pantera Capital’s fund is five years old this month. The investment firm is reporting significant returns and predictions come true. Dan Morehead, Pantera Capital CEO, predicted Bitcoin’s success in 2013: I was discussing bitcoin with an investor yesterday and he replied somewhat dismissively ‘It’s just like buying gold. дальше »

2018-7-29 23:00


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »

2018-7-21 23:03


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‘Extinguishing Capacity’: Bitcoin Could Swallow All M1 Fiat At $223K Per Coin

$223,186 is the price Bitcoin would need to be in order to convert the entire world supply of fiat currency, industry figures calculated July 2. M1 Fiat Could Go At Less Than $250k Part of an ongoing debate on social media, Blockstream CEO Adam Back and CSO Samson Mow joined Bitcoin Think editor Beautyon in discussing the phenomenon of ‘hyperbitcoinization’ – the as yet untested process by which consumers abandon fiat en masse for Bitcoin. дальше »

2018-7-3 00:00


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