Tag: Governments

Korean blockchain experts seek the government’s help for digital asset market

[ad_1] The Korea Digital Asset Industry Committee comprising of leading Blockchain experts in South Korea has called for the formation of a government committee dedicated to helping and advancing digital asset businesses in the country. The group of experts gathered on Thursday to discuss various ways in which Korea could become a leading digital asset market and what role the should government play to achieve that. The experts believed that blockchain and cryptocurrencies would become pivotal tools for the fourth industrial revolution. The blockchain experts called upon the government to…

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Futurist film maker Ian Khan is helping governments combine AI with blockchain

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[ad_1] Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world.  He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film, Blockchain City, is far from an underground production. The 42-minute film, which is available on Youtube and Amazon Prime, is a businessy, optimistic and somewhat sanitized take on the industry. It focuses decisively on piercing the nebulous concept…

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Salvadorans will not be forced to use the government’s Bitcoin wallet

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[ad_1] The latest announcement from El Salvador’s pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet. In a tweet on June 29, El Salvador’s President Bukele stated he wanted to clear up any misinformation regarding the government’s wallet application following the passing of the country’s Bitcoin law on June 9, which will take effect on September 7. The new Bitcoin wallet is called Chivo, which is slang for “cool” in El Salvador, and it can hold both Bitcoin and U.S. dollars.…

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Why Governments Can’t Ban Bitcoin

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[ad_1] Worried About A Ban? Then You Need Bitcoin More Than You Think Skeptics often argue that governments will ban Bitcoin when it becomes too important and threatens national sovereignty. At least these critics understand Bitcoin’s importance and the power that state currency monopolies exert over us. What they fail to understand is the power of distributed open-source technologies and the game theory faced by governments when making these decisions. TLDR: Bans are ineffective—they merely cede global technological power to peers. Authoritarian governments are more inclined to attempt regressive regulations.…

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