Nick Weaver on Regulating Cryptocurrency

Nicholas Weaver wrote an excellent paper on the problems of cryptocurrencies and the need to regulate the space—with all existing regulations. His conclusion:

Regulators, especially regulators in the United States, often fear accusations of stifling innovation. As such, the cryptocurrency space has grown over the past decade with very little regulatory oversight.

But fortunately for regulators, there is no actual innovation to stifle. Cryptocurrencies cannot revolutionize payments or finance, as the basic nature of all cryptocurrencies render them fundamentally unsuitable to revolutionize our financial system—which, by the way, already has decades of successful experience with digital payments and electronic money. The supposedly “decentralized” and “trustless” cryptocurrency systems, both technically and socially, fail to provide meaningful benefits to society—and indeed, necessarily also fail in their foundational claims of decentralization and trustlessness…

March 3, 2023
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The Hard Politics of Soft Power

In this week’s Horns of a Dilemma, Daniel Runde of the Center for Strategic and International Studies, speaks about his new book, The American Imperative: Reclaiming Global Leadership Through Soft Power.  Liberals and conservatives are frequently…

March 3, 2023
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How To Improve Your Cannabis Security System

Every person’s health should be their top priority, yet there are some things that might negatively or positively impact health, such as age, the environment, unintentional problems, and other natural phenomena that necessitate the use of cannabis security systems and medical aid for healing and life support. Due to the need for powerful antibiotics to … Continue reading “How To Improve Your Cannabis Security System”

The post How To Improve Your Cannabis Security System appeared first on GPS Security.

March 3, 2023
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