Today, you are a regulator. Your job is to regulate social media. What is the first thing you would regulate? Continue Reading →
Techno-politics
Posts about Techno-politics.
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Let me get this straight. I'm about to get into a Twitter war on a topic such as women's reproductive rights, politics, taxes, music, sports, race relations, #MeToo, or any other topic that might inspire me to comment or state my case, and Twitter thinks that letting me know that there are very strong feelings on display will be news to me or be helpful in any way? Perhaps the people at Twitter missed that day at Twitter school. Continue Reading →
In the face of overwhelming evidence that "something must be done," my fear is that they are going to do something. It will be a political knee-jerk reaction to a problem so complex that the most informed people in the world cannot come to a consensus about a regulatory strategy, let alone a tactical regulatory roadmap. Continue Reading →
60 Minutes ran one of its typical one-sided hit pieces last night as it featured the “big reveal” of the Facebook whistleblower. This time, they have “hard evidence” that Facebook works as designed. How is any of this a surprise? Continue Reading →
During an upgrade to the Compound platform, a bug caused the system to transfer close to $90 million in COMP (their cryptocurrency) to random users. In a desperate tweet, Compound’s CEO begged the users to give the money back. He threatened to dox the users. (That’s a slang term for making user identities public or, in this case, reporting them to the IRS.) Then offered a 10 percent reward for “doing the right thing.” Continue Reading →
Adam Mosseri, Facebook's Head of Instagram, just sat for a live interview on NBC's Today Show. He shouldn't have. Continue Reading →
China has declared all financial transactions involving cryptocurrencies illegal and is issuing a nationwide ban on cryptocurrency mining. Does this make crypto illegal in China? Not exactly. What does this mean for the crypto markets worldwide? What about the US? How will US crypto be regulated? Are cryptocurrencies considered securities? What about other digital assets? Welcome to the crazy, confused world of crypto regulation. Continue Reading →
China's central bank has announced that all transactions of cryptocurrencies are illegal. "Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning they "seriously endanger the safety of people's assets." Continue Reading →
I just read a news story that has filled me with so many conflicting emotions I am having trouble describing them. Continue Reading →
Are you wondering why it is taking so long for blockchain to become as ubiquitous as AI or IoT? One of the biggest stumbling blocks (pardon the pun) is that Bitcoin, Ethereum, Cardano, and the vast majority of other blockchains are proprietary ecosystems (walled gardens) that cannot easily share data or exchange value with other blockchains. This is not a new problem, but there are new, well-funded solutions emerging with exciting roadmaps that point to explosive growth in the near-term. Here’s a quick overview of some projects that have my attention. Continue Reading →