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Basics

Q. What is Bitcoin? A. Bitcoin is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks are managed collectively by the network. Q. How does Bitcoin work? A. Bitcoin uses public-key cryptography, peer-to-peer networking, and proof-of-work to process and verify payments. Bitcoins are sent (or signed over) […]

November 18, 2021

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Responding to Krugman’s article

Paul Krugman recently published an opinion piece in the NYT (original article here) and a good friend forwarded it to me. Below, find his article (in italics) and my responses. The story so far: Bitcoin, the first and biggest cryptocurrency, was introduced in 2009. It uses an encryption key, similar to those used in hard-to-break […]

November 18, 2021

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Letter from Aniello Zampella to the NY DFS

Date: 12-11-19Received from: Aniello Zampella <[email protected]> Hello all, Commenting on: https://www.dfs.ny.gov/apps_and_licensing/virtual_currency_businesses/pr_guidance_regarding_listing_of_vc Speaking as the 14th Licensee here. Hope this email finds you all well and in good health. I feel honor-bound to comment on this proposal based on my license. With respect to & considering the documented and reported transgressions of other licensees which I’ve […]

November 18, 2021
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