People say the silliest things about Bitcoin. It isn’t legal tender and it never will be. The reason that some people say otherwise is that they don’t understand what legal tender is and they don’t understand what Bitcoin is.
Life is never boring at Consult Hyperion. If you’re not marvelling at a totally cool working prototype of HCE running over BLE on an unmodified iPhone, you’re in the Italian Parliament at their hearing on Bitcoin.
Bitcoin may never be the best retail payments mechanism, but that doesn’t matter, because retail payments aren’t really what it is all about.
I don’t think legislators should be panicked into making emergency laws about Bitcoin. Let’s think about what the principles should be and regulate accordingly.
It’s a great set of stories for the media and an illustration of the need to employ boring old-fashioned secure electronic transaction consultants when designing new systems, but the Bitcoin exchange failures don’t really mean anything.
Our London Unconference, now an annual event held the day before Finovate Europe, was as unpredictable as always, which is why I like it so much. I really didn’t expect technology to feature so heavily, but it did.
Some of what is reported about Bitcoin, even in reputable journals of record is, frankly, mad. The media is missing the most interesting aspect, which is the technology.
I got caught up in Bitcoin media mania. Things are getting out of control. Doesn’t any of the media comment seem, well, just a little, oh, I don’t know, crazy?
Subscribe to our newsletter
