Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media on Bitcoin – BitTalk #2

1 year ago

In the 2nd occurrence of the podcast BitTalk, the hosts sermon respective caller developments successful the satellite of Bitcoin. They statesman by discussing a connection from Elizabeth Warren that would necessitate individuals and companies moving with Bitcoin to get a licence from the government. The hosts explicit interest astir this proposal, stating that it is misguided and demonstrates a deficiency of knowing of technology. They besides notation that the Basel Committee has suggested that banks tin person up to 2% vulnerability to Bitcoin, which they presumption arsenic a affirmative development.

The hosts besides sermon a task called Nostr, which aims to usage nationalist cardinal cryptography to physique decentralized societal media platforms. Jack Dorsey has provided backing for this project, and the hosts judge it has the imaginable to unfastened up caller usage cases for Bitcoin and lightning, including incentivizing radical to tweet. They besides notation the conception of discrete log contracts, which let individuals to marque bets connected the terms of Bitcoin oregon different events utilizing Oracle agreements. The hosts suggest that this conception could beryllium utilized successful the instauration of decentralized apps (dApps) wrong the Bitcoin ecosystem.

In summation to these topics, the hosts notation a fewer different developments successful the satellite of Bitcoin. They sermon the imaginable for lightning to beryllium utilized successful societal media and the anticipation of much decentralized approaches to societal media. They besides notation that they person not seen overmuch successful the mode of method developments successful the past fewer weeks, but that they are funny successful the enactment of an anonymous developer named FiatJaf who has shown a batch of involvement successful authorities alteration and is progressive successful the Nostr project.

Overall, the BitTalk hosts screen a scope of topics related to caller developments successful the satellite of Bitcoin, including regulatory proposals, the imaginable for Bitcoin adoption by banks, and the usage of lightning and nationalist cardinal cryptography successful decentralized societal media platforms.

The station Exploring Regulatory Proposals, Bank Adoption, and Decentralized Social Media connected Bitcoin – BitTalk #2 appeared archetypal connected CryptoSlate.

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