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Moving the Chain is an ongoing series from Blockchain WTF that shines a spotlight on folks who are making an impact in the world of blockchain technology and cryptocurrency.
Roger Ver has been investing in bitcoin-related startups since 2011. The voluntaryist (a person who works to achieve a free society through non-violent means) became a millionaire at the age of 25, after starting his own computer parts business.
The blockchain community would seem to have a long way to go when it comes to gender diversity. For example, bitcoin, the cryptocurrency most often associated with blockchain technology, has a 90% male user base according to 2015 study. While this number may not sound encouraging for those hoping to find more women involved with the world’s leading form of cryptocurrency; it is actually an improvement.
A similar study back in 2013 showed that the user base was 96% male, suggesting that women are slowly coming around to Bitcoin and blockchain technology.
China BANS all ICOs! Watch as Jeremy breaks down how China came to this decision and how it will effect ICOs and cryptocurrency going forward. Will this decision be the first of many attempts by government to limit token sales?
A History of Trade & Possibilities for Intergalactic Trade
Since the discovery of outer space, mankind has seemingly been fascinated by the possibility of other intelligent life forms living outside the boundaries of planet Earth.
Countless films reflect the ideas of this very subject. However, many of these films center around these newly discovered life forms attempting to wipe out the human race.
Yet if we look at our own species history, we find that exploration of any kind usually centers around trade. For example, Christopher Columbus is best known for discovering the New World, but he was actually looking for a trade route from Europe to Asia. Assuming our potential new friends from another galaxy are like-minded in that they will likely be looking to do a bit of wheeling and dealing with us Earth folk.
Government and Bitcoin Understanding: A Constant Battle
Government and Bitcoin are head-butting in a few places around the world. Belgium is just one of the many governments around the world that struggles to understand Bitcoin. So, it comes as no surprise the Minister of Justice is in cahoots over the potential use of cryptocurrency in the country. He is currently attempting to collect all currently circulating currency. Unfortunately what he and others fail to realize, is the fact that you can’t just force people to hand over their cryptocurrency. Whoever has possession of the key to a wallet has access to it. So, why would someone just willingly hand that over? Learn more about hardware wallets here.
Because Government exists in such a way that it desires control, Bitcoin and other cryptocurrencies inherently are “bad”. Now, this “bad” stigma really only stems from the fact that users are not required to go through a centralized point to transmit data in the system. Centralized platforms require just this, and is the reason why government entities love them! They make combing through data for more manageable and simplified.
We’ve covered a slew of Asian countries moving towards the adoption of blockchain technology. Japan, of course, recently started accepting bitcoin through their exchanges. India has touted the benefits of using cryptocurrencies, going so far as to be vocal about the technology.
Blockchain technology is far more than digital currencies, as we’ve seen with its adoption around the world (For more in-depth info, read our guide to Blockchain). Well look out, world, Russia is joining the ranks of governments to adopt the breakthrough technology. The Eurasian country spans 13 time zones. With such a large mass of land (and a ridiculously spread out population!) it’s imperative to keep records organized, accessible, and unchangeable post-creation.
Canada to Move Towards Massive Blockchain Undertaking
Canada is next in line to participate in the blockchain revolution. The country has latched on to the true benefits of the technology. Massive, untapped blockchain technology potential can affect (and help!) our everyday lives!
The vast, expansive nation is set to hold a conference in June, in order to discuss the potential impact blockchain may make on the country, and government. The attendees plan to discuss everything from personal identity, to data security, and tokens. Canadians realize the true capacity of blockchain technology.