Article: Money Reimagined: NFTs Can Help Create a New Internet

Crypto, Decentralized Internet, Digital Content, Web 3.0

Money Reimagined: NFTs Can Help Create a New Internet

In establishing digital scarcity via one-of-a-kind tokens, and in holding out the promise of peer-to-peer digital media exchanges, NFTs hint at new approaches for media companies and brands to engage directly with their audiences without the intermediation of the platforms.

NFTs pose their own ownership issues. Many buyers are discovering they don’t really own the art or content to which they are attached.

And, as Khloe Kardashian’s bikini photo saga shows, it’s very hard to stop the replication of content, especially when it’s going viral. NFTs can’t physically stop or control the copying of digital content.

However, we can establish standards assuring that special rights to NFT-associated content are not controlled by a separate custodial platform but are assigned to the token owner and  cryptographically bundled with the token itself so they can be easily transferred to the buyer with each downstream sale.

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Article: Disintermediation and Decentralization in Financial Markets

Decentralized Internet, Money

Disintermediation and Decentralization in Financial Markets

Having premised so much of financial markets regulation on the presumption of intermediation, it may be useful to consider the need for new rules and formal amendments aimed at achieving the longstanding regulatory goals of promoting investor protection, facilitating capital formation by establishing fair and orderly markets, and mitigating risks that disrupt and destabilize markets.

Article: DeFi Will Decentralize the Enterprise

Blockchain, Decentralized Internet, Web 3.0

DeFi Will Decentralize the Enterprise

The real innovation of decentralized finance (DeFi) is decentralization, not finance, our columnist says.

DeFi and enterprise have a lot to learn from each other. The most important thing enterprises can learn from DeFi is how to use public permissionless blockchain technology to become more technically and economically decentralized to enable much greater fairness and inclusion in economic activity. For example, corporations can employ public blockchain technology for shareholder voting and limit the role of the board of directors to guardians rather than often conflicted intermediaries. Corporations can further enable shareholders to delegate votes to other stakeholders in the society and thus alleviate the externalities and ill effects of shareholder capitalism.

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Article: Why the Future Must Be Decentralised and Localised

Blockchain, Decentralized Internet

Why the Future Must Be Decentralised and Localised

Bitcoin also demonstrates how decentralisation and localism, though not quite the same, can complement one another well in an interconnected planet. Imagine a world where governance is largely occurring at a local level, but global trade remains desirable. You’d want a politically neutral, decentralised and permissionless money to conduct such transactions. Similarly, a free and decentralised internet allows the same sort of thing in the realm of communications. Regions that can’t grow coffee will still want coffee, and people in New York will still want to chat with people in Barcelona. Decentralised systems allow for the best of both worlds — localism combined with continued global interconnectedness.

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Article: Like it or not, you should probably start paying attention to bitcoin

Blockchain, Crypto

Like it or not, you should probably start paying attention to bitcoin

Coinbase’s public listing is just the latest milestone on cryptocurrency’s journey from nerdy curiosity to mainstream investing opportunity and payment method. Since 2018, Square, the payment processing service, has let most of its payment app Cash App users buy and sell bitcoin. And lately, more and more of them have been doing so. Square CFO Amrita Ahuja said in February that 3 million people did transactions in bitcoin on the app last year, while 1 million did so in January 2021 alone.

Similarly, PayPal began to allow users to buy cryptocurrencies through their accounts last year. The platform expanded its cryptocurrency capabilities this March and started allowing users to exchange their crypto holdings into US dollars in order to pay for things, which is just one step short of allowing users to make purchases with actual cryptocurrency. Paypal has also indicated that users of Venmo, which it ownswill soon be able to transact in cryptocurrencies, too.

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Article: ‘With DeFi, You Have Complete Access’ — The Week in Quotes

Crypto, Decentralized Internet, Money

‘With DeFi, You Have Complete Access’ — The Week in Quotes

Plenty of discussions this week occurred at the World Economic Forum. A key topic was decentralized finance (DeFi). Speaking at the “Behind the decentralized finance hype” panel, Rune Christensen of MakerDAO brought to light the future of DeFi and how it is growing rapidly.

Christensen explained how DeFi can be accessed by anyone:

“It doesn’t matter if you’re a hedge fund manager on Wall Street or if you’re one of the 1.7 billion people that don’t even have a bank account. With DeFi, you have complete access.”

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Article: Blockchain Education Is Necessary for a Decentralized Future, and Here’s Why

Academia, Blockchain, Decentralized Internet

Blockchain Education Is Necessary for a Decentralized Future, and Here's WhyBlockchain Education Is Necessary for a Decentralized Future, and Here’s Why

The society where people systematically ask the right questions such as “How is my data handled?,” “Who has access to it?,” “How do your algorithms work?” Such “trustless” attitude can — ironically — make the world more trustworthy, and human relations more cordial.

I like to imagine such a future. I believe that educating people for free will get us there the fastest. This encouraged us at D.Center to create a free educational resource. It is organized as a map of all things blockchain explained at different levels of detail.

People with various backgrounds, interests, and knowledge can all learn more about crypto-related matters. This is one way of introducing people to this great alternative that is the blockchain.

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Article: Bitcoin Is Going Mainstream. What Investors Need to Know

Crypto, Money

Bitcoin Is Going Mainstream. What Investors Need to Know

As Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.

“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”

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Article: DeFi-ing the odds: Why DeFi could rebuild trust in financial services

Blockchain, Crypto, Money

DeFi-ing the odds: Why DeFi could rebuild trust in financial services

While legacy finance is losing the people’s trust, decentralized finance is becoming the fair and deserved future of money.

Trending away from institutional authority is also evident in the explosive growth of decentralized finance, or DeFi. By using decentralized applications on the blockchain, DeFi allows individuals to lend or borrow funds, trade coins and earn interest on savings. Their transactions are governed by smart contracts, embedded in the software; no bank, brokerage or exchange is required.

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Article: Growth hacker uses crypto to help the unhoused

Crypto, Cultural Intelligence

Growth hacker uses crypto to help the unhoused

On March 20, the growth hacker set up posters on Wall Street with crypto expert Eloisa Marchesoni and listened to business pitches from unhoused individuals, many of whom don’t have the ability to apply for a loan through traditional banks. Arcaro approved 12.5 ETH — roughly $22,000 at the time of publication — in loans, with an average of 0.5 ETH going to each person.

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