Securities, Blockchain and DPoS – 6/12/2018

CRYPTO NEWS AND COMMENTARY

Bitcoin time: 527,290 | 6/13/2018

**DISCLAIMER: This is not investment advice, do your own research.**

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NEWS

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Bruce Fenton has been promoting Ravencoin.

Strawman 1: “you don’t think Ravencoin will work, because you have to trust the securities issuers”. Nope, it’s because everyone must trust the government.

Strawman 2: “you don’t know how inefficient the traditional market is.” Nope, I agree it’s horribly inefficient, but that’s not because they don’t have the tech to make it better. They’re in a regulatory prison.

 

Have you heard of Digicash?

https://en.wikipedia.org/wiki/DigiCash

 

Ravencoin is trying to replace DTCC, which is basically government. https://en.m.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation

 

Fiat money has bloated the financial sector. In a bitcoin world, equities will be relatively less important.

 

Ripple

https://blog.bitmex.com/the-ripple-story/

 

EOS is a self-contradiction.

https://twitter.com/ercwl/status/1005481866483372033

 

bCash, No Honor Amongst Thieves

https://twitter.com/AnselLindner/status/1005881364829364229

 

Switzerland vote

https://cointelegraph.com/news/swiss-vote-down-sovereign-money-referendum-that-commentators-compared-to-bitcoin

 

Former FDIC chair wants a digital currency from the Fed

https://www.ccn.com/former-fdic-chair-urges-fed-to-consider-issuing-central-bank-digital-currency/

 

CFTC Commissioner to UN

https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam7

 

EM Central Banks ask for a break

<a href=”https://www.zerohedge.com/news/2018-06-06/dollar-king-indonesia-joins-india-begging-fed-stop-shrinking-its-balance-sheet”…
Source: Acast

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