Bookmarked Bitcoin and cryptocurrencies – what digital money really means for our future by Alex Hern (the Guardian)
Digital currencies such as bitcoin have caused a financial frenzy. Alex Hern explains what they are – and whether this is the end of ‘real’ money
Alex Hern continues his exploration of Bitcoin in this thorough overview. One quote that really stood out was this:

If you trust the financial system to store your funds, or Dropbox to store your files, or YouTube to host your videos, then you don’t need to use less efficient decentralised versions of those services. But if you are planning to commit financial crime, store illegal downloads, or host pirated videos a decentralised version of those services becomes much more appealing. That’s why bitcoin, for instance, has become the currency of choice for online drug dealers and cybercriminals demanding ransoms to restore hacked data.

Bookmarked The fate of the bitcoin-furious – unpopular opinions from a DLT faithful | BankNXT by Leda Glyptis (BankNXT)
I remember the day someone first explained bitcoin and the underlying technology to me. I remember who was doing the explaining, where I was and who else was there. I even remember what time of day it was and what I was wearing. I remember it with the clarity those life-altering moments have, becaus...
Leda Glyptis reflects on Bitcoin and shares three concerns:

  • Mate, you didn’t discover anything
  • Most of the people I speak to now hold bitcoin bought recently and think of it like day trading
  • We haven’t learned a thing