Lifeboat Foundation

Please don’t pay any attention to this posting. It is not for you… *

This graph presents indisputable fact: It compares US dollar growth as reported by the US government and Bitcoin growth (for all time), extrapolated by pure math.

I wish that this would put to bed the fake news, conspiracy theories, and “nothing backs it” nonsense. Unfortunately, seismic shifts in architecture or process take time for society to understand and accept. Early adopters will be the fortunate buckos. Timid or clueless denizens will complain bitterly about the unfair advantage of those who wise up before it hits a 6 figure exchange rate. Eventually, comparisons with legacy currencies will be utterly meaningless. It will become the currency. It will be the gold-pressed latinum of universal recognition and intrinsic value.

15 years from now, some will look back on our era and claim that the Winkelvoss twins were lucky. Risk, patience and an understanding of economics is not ‘luck’. They have the gift of prescience.

Continue reading “The USD is Tulip Mania—BTC is not” »

One of bitcoin’s biggest bulls has inked a deal with an unlikely partner to create a cryptocurrency price index.

Billionaire Mike Novogratz and Bloomberg LP on Wednesday announced that they are teaming up to launch the Bloomberg Galaxy Crypto Index (BGCI), which will track the aggregate performance of a basket of large-cap cryptocurrencies.

“Today’s launch of the Bloomberg Galaxy Crypto Index reflects our clients’ growing interest in cryptocurrencies,” said Alan Campbell, Global Product Manager for Bloomberg Indices. “The index brings our rigorous approach to index construction to cryptos and will provide investors with a transparent benchmark to gauge the performance of the broader market.”

Continue reading “Bloomberg & Billionaire Bull Novogratz Launch Cryptocurrency Price Index” »

A hilarious but accurate (!) introduction to bitcoin and cryptocurrencyby the British comedian John Oliver.

Digital currencies are generating a lot of excitement. John Oliver enlists Keegan-Michael Key to get potential investors equally excited about the concept of caution.

Continue reading “Last Week Tonight with John Oliver (HBO)” »

Nader Al-Naji started mining bitcoin in his Princeton dorm in 2013. Now, he’s working on a stable cryptocurrency that be believes could actually replace money.

It seems popular cryptocurrency wallet MyEtherWallet is having issues. A litany of concerned users are reporting their wallets have suddenly been drained out – without any notification or action on their side.

The unexpected withdrawals have caused many netizens to suspect that MyEtherWallet has been hacked. Despite speculation though, the issue might have to do with with a glitch in Google’s Domain Name System (DNS) protocol.

Speaking to Hard Fork, MyEtherWallets reps clarified that the popular app “is not hacked.” Instead, the company claims that the unusual activity “was a DNS attack on Google DNS servers.”

Continue reading “MyEtherWallet users report stolen funds after an Amazon DNS attack [Update]” »

Nasdaq Inc. Chief Executive Officer Adena Friedman and Bank of America Corp. CEO Brian Moynihan rang alarm bells about the nascent cryptocurrency market, calling for regulation of certain trading and warning about the potential to abet criminal behavior.

Every one is unique, but they have one thing in common: investors think they’re worth billions.

3 days left to get into our Initial Community Offering (ICO) for the evolution of the blockchain which I’ve invested and advising.

Welcome to the Holo ICO whitelist registration! You will need to verify your identity and join the whitelist before you can participate in the ICO. The process requires creating an account, completing a quick identity verification, and then adding your Ethereum address to our whitelist. Once whitelisted, your address will be written into our smart contract, and you will be prepared to participate in the Holo ICO.

NOTE: If you are a resident or citizen of the United States, China, or South Korea, you cannot participate in our ICO due to legal and regulatory uncertainty in those jurisdictions. You will be unable to verify or whitelist if you are a resident or citizen of one of these countries.

To learn more about our ICO, visit https://holo.host/ico

What is Holochain? #notblockchain

Holochain has been in the works since before the Bitcoin whitepaper and now it is being released on the world. There is no mining, no cryptocurrency and it claims to be more efficient than Blockchain. Could Holochain be the future or decentralization?

Continue reading “Is Holochain Better than Blockchain?” »