Lloyd Blankfein on cryptocurrencies: "It's not for me, I don't do it, I don't own Bitcoin [...] but if it does work out, I could give you the historical path why that could have happened" bloom.bg/2tcOlDm
Really interesting article in @FastCompany by @JLindzon about the issues of sexism in the male-dominated VC world. Can crypto currencies solve the problem of sexism in fundraising? fastcompany.com/40575787/can….
Nice comments from @MatCybula at @Cryptiv too! #client
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"Cryptoeconomics is the practical science of using economic mechanisms to build distributed systems, where important properties of that system are guaranteed by financial incentives, and the economic mechanisms are guaranteed by cryptography" by @0xstarkyoutu.be/ljL3fXcdadc
I bet in 20 years we will have an operational cryptocurrency with a tx throughput that exceeds today's Visa, that allows users to validate some or all of the state themselves, and that provides empirically acceptable security (~~censorship resistance/reversion-free in practice).
The Venezuelan bolivar to Bitcoin market reached a record on Tuesday, as the dollar-starved nation increasingly seeks the digital token in exchange for its nearly worthless currency bloom.bg/2HLLKGQ
The dirty secrets of blockchains:
they don’t scale (yet), aren’t really decentralized, distribute wealth poorly, lack killer apps, and run on a controlled Internet.
Back to work. x.com/dan_jeffries1/status/9…
“In a technical sense this wasn’t a breach. This is how the business model is supposed to work. But for end users, if it was a breach in any sense of the word, it was a breach of trust.” bit.ly/2u7pXpK#Facebook#CambridgeAnalytica