Dave Sikora spoke to Modern Consensus after his SXSW panel appearance about how ALTR is doing and why he believes the company’s technology is going to make waves.
Programmer Ross Ulbricht is serving a double-life sentence for starting The Silk Road, a website on the dark web that traded guns and drugs for crypto. Prosecutors also have evidence of six murder-for-hire schemes that he has not been charged with. More than any other single person including Satoshi Nakamoto, Ulbricht is responsible for the widespread adoption of cryptocurrency. And, according to his Twitter feed, he is also learning how to rock.
How the CFTC views crypto and distributed ledger technology will have significant impact on how they develop over the coming years. To get an idea of the CFTC’s approach, we met with Daniel Gorfine, the agency’s chief innovation officer and director of their “LabCFTC” which, as they describe it, is “designed to be the hub for the agency's engagement with the FinTech innovation community.” Gorfine often travels from city to city for LabCFTC’s “office hours,” where innovators can come and meet with the agency to ask questions. We decided to ask some questions ourselves.
Facebook is working on their own currency: a stablecoin, pegged to a mainstream currency. It will likely get rolled out first to users of WhatsApp, which could use this currency to send money to friends and family instantly. But will the currency they ultimately use have any value outside of the platform?