The Best in Crypto – 5/21/18

Crypto Tribalism Is Holding Back Blockchain

The breakdown of how that mindset isn’t helping the crypto world (Coindesk).

National Government Digital Currencies Versus Globally Distributed Cryptocurrencies: in Depth

Opinion piece on government-run cryptocurrencies including Petro and FedCoin (Cointelegraph).

U.S.: Colorado Proposes Accepting Cryptocurrency for Political Campaigns

The Secretary of State Wayne Williams made a proposal allowing Colorado politicians to accept crypto and other digital currency as campaign donations (Cointelegraph).

3 Ways Blockchain Is Already Delivering on the Hype

In-depth description of Blockchain’s successes including fixable flaws, advancements already made and how it outgrew the possibility of being a fad/bubble (Coindesk).

Bitcoin’s energy consumption worries

A PwC study reveals that Bitcoin mining has doubled its energy consumption over the past six months (FXStreet).

How much energy does Bitcoin mining require? Experts are unsure

An emphasis is put on the fact that knowing exactly how much energy used is hard to do, and there are improvements made on with cleaner energy (Digital Trends).

The Battle Over Bitcoin: Scandal and Infighting as ‘Bitcoin Cash’ Threatens to Overthrow the Most famous Cryptocurrency

Elaboration on the underdog’s success – with video (The independent).

Bitcoin headed for $20,000 in six months, says CEO of cryptocurrency platform

Rodrigo Marques, the CEO of one of Brazil’s largest crypto trading platforms Atlas Quantum, expects Bitcoin to reach $20,000 in six months (MarketWatch).

Sick of the Experts

“One of the most tiresome aspects of crypto is the continued importance placed on experts from other fields lining up to denounce the space as being for idiots who will lose all their money or would be criminals who just want to launder their money/buy drugs with it” (Medium: FlatOutCrypto).

 

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