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This is the second portion of this article responding to writing by Daniel Krawisz of the Nakamoto Institute. I recommend starting with his piece, found here, and then the first portion of this article, found here, before reading this. At the end of the first piece, after...

On Tuesday, Seattle-based BizX announced updates to its e-commerce marketplace and BizX dollars (BizX$) private currency. In the BizX community, businesses and consumers can buy and sell among each other using BizX$ rather than using US dollars. The company allows small –...

Today, Coinbase announced that it’s going to insure aspects of its operation against theft and fraud. It may be ironic that Bitcoin technology, which supports the most decentralized and trustless technologies on Earth also supports, among its most prominent businesses,...