Steve Wozniak will be the keynote speaker at the October Crypto Invest Summit in LA

Steve Wozniak will be the headline keynote speaker of the Crypto Invest Summit (CIS) in Los Angeles. CIS is leading an effort to open up mainstream access to crypto and blockchain, which until now has been for insiders and techies. Steve Wozniak co-founded Apple’s with Steve Jobs. He has been an early blockchain and cryptocurrency …

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Understanding Ethereum and its future

The creator of Ethereum, Vitalik Buterin, talked about his vision for enabling global open platforms and positively impacting human economic coordination. This will be via * censorship resistance * trust minimization * decentralization * Fraud Resistance * Robustness Vitalik discussed those goals and benefits in more detail after talking about Ethereum being vastly less efficient …

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South Korean Cryptocurrency Exchange Upbit passes external audit and is solvent

Yujin Accounting Corporation has verified two trees at South Korean Cryptocurrency exchange Upbit. In May, South Korea’s Financial Services Commission (FSC), along with the Korea Financial Intelligence Unit (KFIU), seized hardware and documents from UPbit to evaluate claims from unknown sources that the exchange was insolvent. There were claims that UPbit was manipulating its balance …

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Exchange Traded Funds Explained and Advantages When Cryptocurrency ETFs are approved

Exchange traded funds can be traded like stocks but they can track any index or type of financial assets. They can track commodities or a basket of stocks or bonds. There are several groups trying to create cryptocurrency ETFs. There is $5 trillion of money currently in ETFs. This is growing at 10 to 20% …

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Rounding up hyperbullish price predictions and the stated reasons

Bitcoin has fallen back to the mid-$7000 support level after rallying over $8000. Bitcoin had a peak in January, 2018. Various bitcoin bulls have doubled down on their price predictions. Most of the hyperbullish predictions of $25,000 to 100,000 prices for Bitcoin by the end of 2018 are based upon institutions moving in and the …

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Dubai will use blockchain to streamline judicial processes with Court of the Blockchain

The Dubai International Financial Centre (DIFC) Courts and Smart Dubai are making the first Court of the Blockchain. They will expand existing dispute resolution services and explore how to aid verification of court judgments for cross-border enforcement. The plan is to streamline the judicial process, removing document duplications, and driving greater efficiencies across the entire …

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Tech and Economic Boom for a Roaring 2020s

Many people are worried about their future jobs and about long recessions and economies collapsing. There is a good chance that there will be a strong global economic and technological boom throughout most of the 2020s and 2030s. Instead of 3% average annual World GDP growth the 2020s could see 4-6% annual GDP growth. Communication …

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Tau uses AI and blockchain so a stadium of people can understand each and reach enlightened decisions

Tau is a blockchain system that intends to remove bottlenecks in large-scale human communication and accelerate productivity in human collaboration. They will use logic based Artificial Intelligence. Users can make statements to their Tau client. The Tau network matches consensus among its users in real time. Users choose to share selected opinions and preferences. The …

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Bubbles or multi-trillion dollar futures for Blockchain, Cryptocurrency, AI and Cannabis?

The dot-com bubble was a historic economic bubble ran from 1997 to 2001. It was a period of extreme growth in the usage and adaptation of the Internet. Between 1995 and 2000, the Nasdaq Composite stock market index rose 400%. It reached a price–earnings ratio of 200. From March to November 2000, internet stocks dropped …

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