SiriusXM satellite radio host Randi Zuckerberg has been tweeting non-stop about cryptocurrencycryptocurrency and blockchain over the last few days. She has been posting quotes from a March 18 interview she did with three high-profile crypto experts. They spoke about Bitcoin, Ripple and how blockchain will change the world.
Randi Zuckerberg’s first guest was Meltem Demirors, Chief Strategy Officer at digital asset management firm CoinShares, which has $750 million under its management.
Speaking about how she first came into the crypto world, Demirors said that she “went into a rabbit hole on Reddit” and discovered that Bitcoin is not just about technology but also has a strong philosophical component. According to her, it is about “monetary policy, self-sovereignty, and rights of the individual vs. the rights of the state.”
"Until bitcoin, we had never really thought about why we value the U.S. dollar over the Rwandan dollar and what's the difference between them. What is the reason that we pay exorbitant taxes?" @Melt_Dem
She also highlighted Bitcoin’s—and other cryptocurrencies’—main advantage: they don’t require you to trust third parties.
Asheesh Birla, Senior vice president of product and corporate development at Ripple, echoed that sentiment. Ripple is a company that focuses using the cryptocurrency XRP for cross-border payments. In his opinion, the whole point of blockchain is that it’s “removing the intermediary, whether that be the banks or other financial institutions.”
Birla noted that blockchain technology is already seeing real-world adoption and solving real problems. “I think Ripple will be really taking off in the next 2 years. The world order will be reshuffled using blockchain technology. I think Asia will lead the pack,” he added.
Birla also said blockchain is an example of a technology that creates something out of nothing, and this thrills him.
Alexander Tapscott, a co-author of “Blockchain Revolution,” also argued that blockchain technology is the real underlying value of Bitcoin.
"Blockchain is a lot more than a nifty new technology and it's a lot more than Bitcoin." @alextapscott
In his opinion, blockchain will “impact financial services beyond the internet impact” as it allows scarcity to be programmed into digital assets. And this hard-coded supply is exactly why “Bitcoin is often compared to gold, a digital gold,” he concluded.
North Korean hackers are luring crypto professionals into elaborate fake job interviews designed to steal their data and deploy sophisticated malware on their devices.
A new Python-based remote access trojan called "PylangGhost," links malware to a North Korean-affiliated hacking collective called "Famous Chollima," also known as "Wagemole,” threat intelligence research firm Cisco Talos reported on Wednesday.
"Based on the advertised positions, it is clear that the Famous Chollima is broadly tar...
A previously unreported data breach has exposed more than 16 billion login credentials, making it one of the largest compilations of stolen personal data ever discovered.
First reported by Cybernews, the trove of data includes credentials for widely used services, including Facebook, Google, Telegram, and GitHub, as well as access to corporate, developer, and government websites.
Researchers from Cybernews said the information likely comes from a mix of infostealer malware logs, credential stuff...
Quantum computers weren’t expected to pose a threat to Bitcoin’s security anytime soon. But IBM has launched a project that could expedite the timeline: the world’s first fault-tolerant quantum computer, set to debut by 2029.
Despite their ability to calculate in multiple directions simultaneously, current-generation quantum computers have high error rates. Without fault tolerance, and the ability to detect and correct errors as they happen, quantum computers can’t run complex algorithms that wo...
