Trump bans U.S. investors from trading Venezuelan ICO token
News & Commentary
"All transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela on or after January 9, 2018, are prohibited as of the effective date of this order."
If someone had told me: "four years from now, to the day, you'll be reading an executive proclamation by the President of the United States - who, by the way, is Donald Trump - prohibiting US citizens from buying Venezuelan crypto" I would have laughed at you.— Preston Byrne (@prestonjbyrne) March 19, 2018
Yet here we are.
As fiat and cryptocurrency markets increasingly intertwine, it seems prudent to not shrug off potential presidential intervention. Executive Orders 6102 (Roosevelt '32 gold hoarding prohibition) and 11615 (Nixon '71 gold window closing) come to mind. https://t.co/c2w93xVRWa— Tuur Demeester (@TuurDemeester) March 19, 2018
"On Wednesday, Google announced it too would begin restricting ads for cryptocurrencies and related content, including initial coin offerings, cryptocurrency exchanges, wallets and trading advice services."
"The question is whether one quarter a revival makes. It is easy to see how the effervescent mood in New York could quickly go flat. Stockmarkets could tumble, scaring IPO candidates off."
"The SEC has awarded more than $262 million to 53 whistleblowers since issuing its first award in 2012. All payments are made out of an investor protection fund established by Congress that is financed entirely through monetary sanctions paid to the SEC by securities law violators."
Technical & Updates
Zcash Power of Tau partcipants document their process in the article:
"Powers of Tau is the latest Secure Multi-Party Computation protocol being used by the Zcash Foundation to generate the parameters needed to secure the Zcash cryptocurrency and its underlying technology in the future."
To learn more about Zcash public parameter generation, read our research report here. Bitcoin developer Peter Todd's commentary on Zcash public parameter ceremony can be found here:
This radioactive waste nonsense actually a nasty example of security theater that looks cool, yet makes the system more vulnerable than the simpler alternative.— Peter Todd (@peterktodd) March 6, 2018
Homework: explain why.
1) It's not random numbers we want, but secrets.
2) How does a gieger counter work? https://t.co/8jBJKkIp8x
Monero reddit discussion on ASIC resistance.
Bitcoin visualization of the Lightning routing paths:
Vertcoin James Lovejoy discusses Lightning and Vertcoin at MIT Bitcoin Expo.
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