Inflated Deflated Devalued

• Inflated Cryptocurrency using a blockchain cannot be inflated. The number of digital coins produced with the blockchain is necessarily capped as part of the algorithm. Once the blockchain algorithm is set into motion, developers, users, and hackers cannot alter the variables or the records they create. To do so would require breaking into all…

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McKinsey Report on Blockchain

Ignore Bitcoin’s challenges. In this interview, Don Tapscott explains why blockchains, the technology underpinning the cryptocurrency, have the potential to revolutionize the world economy. What impact could the technology behind Bitcoin have? According to Tapscott Group CEO Don Tapscott, blockchains, the technology underpinning the cryptocurrency, could revolutionize the world economy. In this interview with McKinsey’s…

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One Life™ Already Compliant with new EU Digital Currency Regulations

In July 2016 the European Commission (EC) presented an “Action Plan for strengthening the fight against terrorist financing” proposing a set of strict rules on cryptocurrency regulation within an expanded framework of EU’s anti-money laundering (AML) directive. These proposals will impose tighter regulations on digital currency platforms to prevent their use to fund terrorist activities…

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