Article: Government Ban on Bitcoin Would Be ‘Foolish’: SEC’s Hester Peirce

Crypto, Governance

Government Ban on Bitcoin Would Be 'Foolish': SEC's Hester Peirce - Decrypt  - FlipboardGovernment Ban on Bitcoin Would Be ‘Foolish’: SEC’s Hester Peirce

“I think we were past that point [of banning Bitcoin in the US] very early on because you’d have to shut down the internet,” Peirce said. “I don’t see how you could ban it. You could certainly make the effort. It would be very hard to stop people from doing it [trading Bitcoin],” she said. “So I think it would be a foolish thing for the government to try to do that.”

Though, as Peirce said, in reality this would be very difficult: technology will likely outpace the government’s attempts to limit Bitcoin use, since people will always be able to download Bitcoin wallet software, run a node, and make transactions as long as they have access to the internet. What may be more likely, in the short to medium term, are clearer Bitcoin regulations.

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Article: Blockchain Games: NFTs as an Integral Part of In-Game Tokenomics

Blockchain, Innovation

Blockchain Games: NFTs as an Integral Part of In-Game Tokenomics

As digital artists onboard blockchain technologies in order to sell NFTs, we can expect to see a major shift in the video gaming industry as well.

Just four years ago, Jamie Dimon, the head of one of the world’s largest banks, JP Morgan, called bitcoin (BTC) a fraud. In the current year, JP Morgan’s top executives call for involvement in cryptocurrencies.

At the same time, their financial analysts project bitcoin to rise above $100,000 and supplant gold as a real asset hedging against inflation. Needless to say, the past year has been tremendous for bitcoin.

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