Some Crypto Quibbles with Threadneedle Street | cryptonomics

xxx The market for media of exchange will gravitate towards those systems with the lowest transaction costs, and in the case of proof-of-work digital currencies, that means those protocols that forever subsidise hashing costs with the coin’s seigniorage From Some Crypto Quibbles with Threadneedle Street | cryptonomics xxx

PSD2, why the confusion? Oh, that’s why! | Killian Clifford | LinkedIn

xxx This job has been largely been left to the European Banking Authority (EBA) who have been mandated to define the necessary guidelines and regulatory technical standards (aka RTS – although they won’t be defining anything ‘technical’ as technologists might understand that term) which are subject to their own timelines. From PSD2, why the confusion?Continue reading “PSD2, why the confusion? Oh, that’s why! | Killian Clifford | LinkedIn”

How ‘black money’ saved the Indian economy – BBC News

xxx Let’s say you like the look of a house that is for sale. You judge it is worth – for argument’s sake – 100 rupees. The chances are the seller will tell you he will only take, say, 50 rupees as a formal payment and demand the rest in cash… It means the sellerContinue reading “How ‘black money’ saved the Indian economy – BBC News”

Bram Cohen’s answer to Bram Cohen: What is the state of Bitcoin in 2016? – Quora

xxx Bitcoin is more expensive and inconvenient than regular banking is, and far more expensive and inconvenient than regular banking could be if it starts supporting smart transactions on public ledgers without bothering with the baggage of mining. From Bram Cohen’s answer to Bram Cohen: What is the state of Bitcoin in 2016? – QuoraContinue reading “Bram Cohen’s answer to Bram Cohen: What is the state of Bitcoin in 2016? – Quora”

Airbnb renter fooled neighbor, refused to leave – Business Insider

xxx Another neighbor and co-owner of the building, Sandeep Hingorani, lives in the top-floor studio — and for the past 10 months he has also rented Huang’s unit, despite her not wanting him to live there. The problems started when an Airbnb user, “Jim Tako,” asked to rent Huang’s apartment. From Airbnb renter fooled neighbor,Continue reading “Airbnb renter fooled neighbor, refused to leave – Business Insider”

UK’s porn age checks set ‘dangerous’ precedent (Wired UK)

xxx A consultation from the Department for Culture Media and Sport said “commercial providers” of porn should have verification controls to stop under 18s viewing the content. Companies that don’t comply may face fines from a new porn regulator, or have their websites shut down. From UK’s porn age checks set ‘dangerous’ precedent (Wired UK)Continue reading “UK’s porn age checks set ‘dangerous’ precedent (Wired UK)”

Onfido: Figuring out who perfect strangers are

xxx Whether that’s listing a spare room on Airbnb, driving for a few hours a week on Uber, completing a few DIY jobs on TaskRabbit or cleaning someone’s flat via Hassle. And as a customer of these services you’re required to trust that the individual you let into your house is as trustworthy as theContinue reading “Onfido: Figuring out who perfect strangers are”

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