What is Multisig Technology?

What is Multisig Technology?

We can think of Bitcoin like cash. If I have 100 Bitcoin, they’re all in a Bitcoin address, and that Bitcoin address has a corresponding private key. If I have that private key, I can spend that $100. But that is a lot of power to put in just one little string of letters and numbers. That if I lose, that if I have stolen from me, hacked, all the…

Bitcoin: Competitive Currency

Bitcoin: Competitive Currency

Bitcoin is basically a money like any other money. You can spend it on things, you can pay people, except instead of being in physical dollars, where you can hold dollar bills, these coins exist on computers and you hold the coins on your computer. Because it acts very much like gold, you can apply many of the same rules, and so one of the ideas is that you don’t…

How Does Bitcoin Fit into Traditional Monetary Policy?

How Does Bitcoin Fit into Traditional Monetary Policy?

One of the main reasons why Bitcoin was created was a frustration with central banking and a frustration with the discretionary monetary policy that followed the financial crisis of 2008 and 2009. The Legal Tender Act was passed in 1862, and essentially said U.S dollars were legal tender, had to be accepted for all debts, public and private. After the Legal Tender Act was passed, someone could say “I don’t…

How Bitcoin Helps Free Speech | Learn Liberty

Now a lot of people are really excited about Bitcoin because it’s not issued by any central bank, it’s not controlled by any government. Let me tell you why I’m excited about it. Bitcoin is a censorship resistant currency. What that means is that, although we may be punished after the fact for having conducted a transaction, that transaction cannot be stopped. I’m Jerry Brito and I’m a Senior Research…

How Bitcoin Helps Free Speech | Learn Liberty

Now a lot of people are really excited about Bitcoin because it’s not issued by any central bank, it’s not controlled by any government. Let me tell you why I’m excited about it. Bitcoin is a censorship resistant currency. What that means is that, although we may be punished after the fact for having conducted a transaction, that transaction cannot be stopped. I’m Jerry Brito and I’m a Senior Research…

Stossel: Is Bitcoin Better Money?

Stossel: Is Bitcoin Better Money?

Facebook calls it Libra Facebook recently proposed a digital currency that would — Make it as easy to send money around the world as it is to send a photo and — Libra is promising stability. Because would be backed by a basket of major currencies, users would be protected from inflation in any one country. Seems reasonable to me, but government officials were not happy. They summoned Mark Zuckerberg…

Liberland News Programme Episode 7 – Free Republic of Liberland

Liberland News Programme Episode 7 – Free Republic of Liberland

Greetings from the Liberland News Programme!I am Michał Czekaj of Liberland Poland.Today is another portion of information from the Free Republic of Liberland.We have been running the Liberland News Program in Englishwith a translation into Polish, Serbian, Croatian, and Spanish.I remind you to click the button at the bottom of the screenand choose the right translation language for you.Information from recent days:BERLIN-GERMANYOn August 19 President of Free Republic Liberland Vít…

Kicked Out For Owning Guns | Leyla Pirnie

Kicked Out For Owning Guns | Leyla Pirnie

reason number 561 to never move to Massachusetts as if you needed anotherone a harvard graduate student has been threatened with eviction from herMassachusetts apartment because her roommates found out she’s a legal gunowner and it made them anxiouslet it snow let it snow and snowafter a confrontation with her roommates she was told she had to choose between her guns and herapartment but you see living in Somerville Massachusetts…

Dash: What is Dash? = P15E10

Dash: What is Dash? = P15E10

If you are watching this,you are probably wondering, what is Dash ?or maybe evenwhat is digital currency ?Well,Dash is Digital Cash.Money exchanged on a highly secure, open source,Peer to Peer Networkmuch like Bitcoin.but unlike Bitcoin it’s really the first form of Digital Cashthat works just like Physical Cash.Your Money isn’t held in a central banking organizationinstead, you hold your money in a safe andeasy way maintaining full control.This means that…