There’s a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.
All over the world people who have been harmed by the conventional money systems are devising alternative currencies, challenging the centralised monetary policy approach.
An Indian man displays new currency notes of 2,000 Indian rupee.
AP Photo/Ajit Solanki
While the current speculation in crypto-currency and assets should make us pause, this is not a speculative driven bubble like tulips, or gold mining stocks.
Cryptocurrencies are still the only usecase for the blockchain.
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Ransomware – which encrypts your files and offers to sell you the key – operates differently from other malicious software. Those differences turn out to give potential victims a fighting chance.
The DAO is so democratic that even the logo is up for popular vote. Here’s one suggested option.
The DAO
Distributed autonomous organisations, or DAO, are a new form of decentralised organisation using blockchain technology. The DAO is first off the block, and it’s already making waves.