Blockchain and Cryptocurrency: People, Culture and Tech
In a Twitter thread, Ari Paul said he believes a separate ecosystem for “clean” coins will soon emerge where digital assets can be traced to a regulated institution. This could pave the way for a murky underworld where laundering ill-gotten crypto becomes big business.
Craig Wright’s much-derided claim to be Bitcoin creator Satoshi Nakamoto got a big boost from the U.S. copyright office today. On May 21, the wealthy nChain founder was granted copyright registration for the original whitepaper—”Bitcoin: A Peer-to-Peer Electronic Cash System”—as well as the original Bitcoin source code.
President Trump says director of the Office of Management and Budget—and Bitcoin enthusiast—Mick Mulvaney will come on as acting White House chief of staff when John Kelly leaves the end of the year. Mulvaney will stay on at the OMB where he was narrowly approved by the Senate by just two votes in 2017. With the government headed to a potential shutdown over a budget disagreement, who better to step in than Mulvaney, one of the architects of the 2017 government shutdown? At the time, he said, “What we just did this week was fine and passable, but not ideal. … I think a good shutdown would be one that…
