by Florin Oprea
Nikhilesh De – CoinDesk
The chief investment strategist for BlackRock said in a new interview that he doesn’t know where to peg the “fair” price of bitcoin. Richard Turnill said that cryptocurrencies have experienced “spectacular price increases” in recent months, leading him to conclude: “I would say that cryptocurrencies show many characteristics of a bubble right now.”
FAO: Got that? This is a perfect answer. So BlackRock is again on the topic, after Fink pulled the guns earlier this month.
So our questions are still valid:
– If they (JPMorgan and BlackRock) don’t consider Bitcoin a threat, and if they “really don’t care”, why do they talk about it so often?
– How do they know what governments are going to do?
– Do you want to add any questions? I am sure you have some. Maybe Jamie will break his promise once again, and send us his answers…
Zachary Karabell – Wired
The gaining momentum of digital currencies and the Chinese reinvention of a financial system led not by traditional banks but by technology companies are potent signs that Western financial architecture of the 20th century may not long survive the 21st.
FAO: Ahem…come again? “may not long survive the 21st.”? Yeah, well, the war has already started and the “captains” are just protecting their territory. It must be pretty tough since high-ranking officers are being sent in…
Fred Imbert, Evelyn Cheng – CNBC
Saudi billionaire investor Prince Alwaleed bin Talal said that bitcoin will “implode” one day.
“It just doesn’t make sense. This thing is not regulated, it’s not under control, it’s not under the supervision” of any central bank, Alwaleed said.
DNT: Another name on the list…and same old arguments: not regulated, not under supervision…and so on. Really, guys, can you bring a new perspective or some other arguments…It’s a bit obsolete to want everything under control..We are not in the Middle Ages…
FAO: It must be very difficult to understand freedom if you have been a ruler all your life…So let’s see, it has no value if “it’s not regulated, it’s not under control, and if it’s not under the supervision” of central bank…
Luke Parker – Brave New Coin
The Autonomous Republic of Abkhazia has announced a plan to raise a billion dollars worth of cryptocurrency via an ICO. The breakaway state has long vied for international legitimacy and has struggled to attract investment to fund its internal development projects — a situation it hopes to turn around by creating a state-sponsored cryptocurrency.
FAO: Experiments in the Russian labs…
DNT: Now, I wonder, since Abkhazia is recognized only by a few countries and, of course, Russia, it may be the influence of “prince” Vladimir?
There are some conflicting reports regarding the Bitcoin Gold fork date. This is not entirely surprising, as the project is poorly organized at best. The website claims the “fork” – which isn’t an actual fork – still needs to happen. Coinbase, however, claims this has already begun quite some time ago. It is hard to say who is right here, for obvious reasons. However, it certainly further diminishes any chance of success for BTG.
Lucas Mearian – Computerworld
Following others in the financial services industry, Mastercard unveiled its own blockchain distributed ledger for cross-border payments.
Michael del Castillo – CoinDesk
FAO: Experiments everywhere…
Lily Hay Newman – Wired
FAO: Discusses, among others, the case of Pirate Bay mining for Monero – check it here, in a September edition.
Jordan Pearson – Motherboard
In the last six months, Wright has returned to the world of Bitcoin with a vengeance. He is the Chief Scientist of a new Bitcoin research company called nChain, which has already filed numerous patents for Bitcoin technology. He tweets with unrestrained contempt for his perceived enemies in Bitcoin. He gives talks at conferences for the online gambling industry while wearing sunglasses indoors.
Danny Fortson -The Times (subscription)
Brock Pierce has been making money from make-believe for a long time.
DNT: A very good reason to read this interview.
Chief Investment Officer
Dutch pension funds APG and PGGM said they have completed the initial phase of a joint experiment involving a blockchain application to develop an advanced pension administration system.
Nikhilesh De – CoinDesk
According to a draft resolution published by the Ministry of Economic Development, the Federal Service for State Registration, Cadastre and Cartography, the Federal Tax Service and the Government of Moscow will assess the trial through July 1, 2018. The ministry will submit and release a final report on the trial by Sept. 1.
FAO: More Russian experiments.
Kyle Samani – Forbes
At Eth Waterloo, which was the largest Ethereum (and perhaps the largest crypto) hackathon eve, Over 400 developers from around the world attended.
FAO: Are you a techie? Read this then.
Paul Vigna – Money
For one thing, the success of both is due in some measure to the times in which they both came onto the scene. Bitcoin was unveiled in 2008, at the height of the financial crisis. The Walking Dead premiered in 2010, when millions of people were still suffering from the effects of the global recession brought on by that crisis.
FAO: “Financial zombie” or not, you might want to read this piece…
DNT: Intriguing comparison..
FAO: Florin Adrian Oprea, Editor-in-chief Blockchain Daily News
DNT: Decebal Nicolaie Todarita, Editor Blockchain Daily News