Thoughts on Libra
Facebook has announced their Libra cryptocurrency. This is good news for cryptocurrencies and market-incentivized networks. I worry that Libra's financial inclusion might come with an attendent loss of privacy or autonomy.
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Bitcoin isn’t Money—It’s the Internet of Money
If you've ever wondered why everyone's making such a fuss about Bitcoin, this is worth reading: Bitcoin isn't Money--It's the Internet of Money. Here's the money quote (no pun intended): Bitcoin is a new transport layer for finance that allows decentralized, disruptive, permissionless development of applications on a separate layer. It has the capability to do for finance what the Internet did for communication. People have a hard time understanding decentralized systems and they don't always get the power of a platform. Bitcoin and other cryptocurrencies are both.
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