Mind Matters News and Analysis on Natural and Artificial Intelligence

Tagbitcoin

Personal Bitcoin Wallet with euro coins

How Bitcoin Works: The social value of trust

The idea of employing such a game to guarantee validity in a trustless environment is nothing short of groundbreaking. It is an amazing accomplishment, and I am impressed by it more each time I think about it. However, it does have some drawbacks, which, I think, will ultimately lead to its demise. Read More ›
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Why do we think money is real?

It is actually a constantly shifting network of agreements to trust others
It is actually a constantly shifting network of agreements to trust others. Maria Bustillos, editor of Ethereum’s culturemag, Popula, asks us to think about just what money is before we make up our minds about Bitcoin. Read More ›
Bitcoin gold coin. Cryptocurrency concept.

A wallet you can’t feel?

Will Bitcoin change the rituals around money?
It’s tempting to assume that cryptocurrencies like Bitcoin will succeed because social media did. But digital doesn’t mean magic. Cryptocurrencies will work if the needs met are more significant to most people than the problems created are. Read More ›
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Is Bitcoin Safe?

Why the human side of security is critical
Bitcoin solves a lot of tough problems in very ingenious ways. Unfortunately, however, those benefits don’t tend to translate well for end users, who are not nearly as ingenious as the people developing the system. Read More ›
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Trusting the Blockchain

Will Fullerton on Blockchain as a Foundational Technology

Robert J. Marks and Will Fullerton discuss what changes await as we enter the implementation phase of a foundational technology: blockchain. While China is making a multi-billion dollar investment, IBM is betting on countless blockchain projects. And by promising to disintermediate financial institutions, blockchain holds the promise of radically reducing obstacles and overhead from human transactions. Still, challenges remain to be solved that are inherent to the technology. Join Bob and Will for a stimulating conversation. Read More ›