Canada’s government is failing the people. According to www.debtclock.ca the Canadian Government is in debt to taxpayers to the tune of 657 billion dollars. This begs the question: how can they still pay the people after they have already liquidated the rest of their gold reserves? They seem single-mindedly intent on seeing how long they can run deficits before taxpayers notice. Canada’s treasuries are empty, yet the government continues to pay workers in the unbacked currency. Unbeknownst to most taxpayers, they are willingly handing over their labor and selling their products for a currency that is essentially worthless.
How long this charade can go on is anyone’s guess, but the clock is ticking; it’s time for cryptocurrencies to start making headway in Canada and for the people of Canada to get prepared for what’s about to come. Irrespective of party in power or leader, if the Canadian Government pushes their luck much further they will find themselves on the receiving end of a mass uprising, as even the docile, meek, and timid, become fearlessly enraged.
For many years, our view of the governance model for information was based on the centralized approach. Even now, in the 21st century when most information is already stored in databases, we have gotten used to the idea that data that belongs to us… is not managed by us. Instead, it is managed by certain trusted parties such as governments (national registers), banks (financial databases), private companies (social networks) and so on. However, the rise of Bitcoin has sparked a new debate about the need for those controlling third-parties. Now that we’ve managed to build a transparent, auditable, independent financial system that requires no intervening third-parties, blockchain advocates naturally wonder why we can’t apply these properties – or at least some of them – to other systems. After all, the blockchain has opened the door to a fundamentally new way of managing data – one that belongs to the community. This is the primary question that we’ve decided to cover in this article.
Based on the findings of leading news outlets that have historically acted as an early warning mechanism for the public, global nuclear tensions appear to be at an all-time high and people are woefully underprepared. All-out nuclear war would instantly set civilization back 100 years. The initial blasts could kill billions. Those who survived would face food shortages, famine, infertile crops, and billions of tons of dusty smoke that would block out the sun. When coupled with an irradiated, uninhabitable environment, this recipe for chaos will all but entirely halt productivity. No productivity means no goods are produced, eliminating the need for any currency, let alone a digital one. The systems that support society would crumble, leaving only the arduous task of rebuilding while simultaneously tending to victims and trying to provide basic survival for oneself.
SophiaTX is a joint venture between Venaco Group, an SAP system and innovation firm, and Decent, the blockchain content distribution platform.
Their focus is on creating SAP-integrated solutions for businesses of all sizes, minimizing requirements for programming, and maximizing the ease of creating and deploying applications on their blockchain.
High Performance Blockchain (HPB) is a scalability-focused blockchain platform, with its roots in China. Although they are often compared to EOS, the HPB team is tackling the scaling issue using a very novel combination of both software AND hardware. They hope that their hardware acceleration model will help to speed up both transaction throughput and latency to a degree that allows unrestricted real-world use cases.
When most people hear about the 1600 cryptocurrencies and ICO tokens listed on CoinMarketCap, they assume that number includes every one ever launched. This assumption may come after they scroll down to the end and notice hundreds that have no marketcap and/or no volume. The bottom of the list is often referred to the graveyard – a place where abandoned coins go to die. The real graveyard however, is wherever they go after they are removed from the listing. At least while they are on CoinMarketcap, for better or (usually) worse, there is a marker of their demise.
If you’re like most people and you one day plan to retire, then you’ll need to think about saving and investing to replace the earnings that you’ll no longer get from employment. It is natural for humans to look to the future to work out what action they need to take today to ensure a better future, but too often a lack of information about the world around us distorts these calls to action. And while we may sometimes be ignorant of economic reality, economic reality doesn’t ignore us when things go belly-up.
Launching their mainnet March 29th is Nebulas, a decentralised search framework for blockchain, brought to you by NEO co-founders Hitters Xu and Aero Wang.
Just like the internet, blockchains will eventually require search engines to locate addresses, content and dApps, as well as verify their relevance, importance, and legitimacy.
Nebulas hopes to provide the foundation for this using their “Nebulas Rank” system, which will provide a way to assign ranking scores not only on their own blockchain, but across all major blockchains in the ecosystem – in much the same way that Google Search rankings perform that function for the internet.
In the last eighteen months, cryptocurrencies have stormed onto the financial scene with a very loud bang. The cryptocurrency market is now valued at north of $500 billion and growing exponentially every year. At this rate, the cryptocurrency market will be worth trillions of dollars in just a few short years. This multi-trillion-dollar pot of gold is now firmly entrenched in global finance. As a result, what was once scorned, ridiculed, and considered little more than a pipe-dream is now being taken very seriously by almost every major financial institution worldwide
We recently examined the structural misunderstandings of cryptocurrencies that were expressed in a blog post by one of New Zealand’s largest banks ASB). However, it seems that this misunderstanding of cryptocurrencies, blockchain technologies, and the power dynamic between them and traditional power structures is endemic throughout the entire global financial system. Bloomberg just released a piece from its editorial board, revealing their own limited knowledge in this area.
With the recent “cryptopocalypse” that has wiped $250B in value from the cryptocurrency ecosystem in the last few days, one thing that has taken me by surprise is the seemingly coincidental moves in traditional USD FX markets. Over a 36 hour window from the beginning of the latest Bitcoin bear run, the USD fell almost two points in futures markets from 92 to 90, and the USD spiked downwards across all currency pairs.
This coin analysis series aims to give readers appraisals and knowledge of cryptocurrencies and platforms that are likely to succeed long-term by delivering real intrinsic value to those who partake in their economy. The author does not own any Syscoin, and this is an unsolicited review.
Last week saw Bitcoin cross the $4000 mark for the first time in a continuation of a long-term bull-run that has seen it rise from just under $1000 at the turn of this year. Naysayers are drawing comparisons to investment bubbles from years past that were succeeded by crashes: Great Tulip bubble, dot-com & housing, while advocates are pointing to the intrinsic properties of cryptocurrencies finally being reflected in their price.