Australian Sen. Andrew Bragg said blockchain "may well be the solution to one-touch government with international transactions in real-time. It will eliminate our time zone problem, which has been a problem for Australia over the long run… Blockchain technology can streamline regulatory processes, reduce fraud, and reduce costs to regulatory compliance and administration."
From privacy regulators to Walmart, Facebook’s Libra faces growing threats
The US, EU, Canada, and Australia demand data protection guarantees; Walmart patents its own cryptocurrency
In a joint statement on August 6, data protection regulators from the United States, United Kingdom, European Union, Canada, and Australia came head-on, issuing a joint statement slamming the Libra project and Facebook for failing to address the fledgling cryptocurrency’s privacy risks.
Craig Wright eviscerates everything: The Modern Consensus interview
The man who could be Satoshi Nakamoto does a lot of swearing about socialism, Alexandria Ocasio Cortez, Trump’s wall, Steve Jobs turtlenecks, and why he can’t get into the US
A decade ago—on January 12, 2008—the first Bitcoin transaction went from “Satoshi Nakamoto” to Hal Finney. Those 10 years were an explosive time where an industry went from a shared PDF to a $500 billion marketplace and now back down to about $125 billion.
Must-reads for September 23, 2018: Big Bitcoin bugs, big oil, big hacks, and other big wastes of time
Here are the crypto stories you should be watching this weekend
A Major Bug In Bitcoin Software Could Have Crashed the Currency (Motherboard) “On Tuesday, the developers of Bitcoin Core—the software that effectively powers the Bitcoin blockchain—released a new version that patched a vulnerability that allowed a malicious user to crash the network, making everyone’s digital coins effectively useless. The bug has been variously described as ‘very scary,’ ‘major,’ and one of the ‘top three or four’ most serious bugs ever discovered in Bitcoin,” writes Motherboard’s Jordan Pearson. But it’s okay. Everything’s fine now. No need to ever worry about anything ever again. Now where’s our Xanax? These Oil Traders Are Trying to Overhaul the Industry With a Blockchain Venture…