Imagine a world where every activity and event can be logged on a tamper-resistant ledger irrevocably attached to an individual throughout their life. Where permanent, immutable digital and surveillance records are used to control a person’s position in society; where everything that one has said and done, with little context for those actions, will affect or even destroy a person’s relationships and professional or academic career; where society is governed by AI algorithms residing in distributed ledgers tapped into omnipresent sensors which log data to a permanent, indestructible ledger.
The debate over the mainstreaming of crypto and its relation to regulation continues. It came into prominence during the passing of the bipartisan infrastructure bill in the US Senate. Reporting requirements tucked into it would have widened the tax net to cover the crypto industry and led to much dispute on the role of brokers in a new industry and the nature of crypto assets.
As more business is transacted on the blockchain and as more financial institutions invest public funds into crypto assets, regulation is struggling to catch up. This is becoming more urgent with the prevalence of shady…
July 6, 2021, Volume 2.
Blockchain — Crypto — Artificial Intelligence — Megaprojects
Infrastructure supports nearly every aspect of life.
Our pipes deliver drinking water to homes and hospitals. Airports, railroads, and inland waterways transport goods from farms and manufacturing plants to store shelves. The roads that crisscross the country allow us to get to work and school safely, and the network of transmission and distribution lines keeps the lights on, and our electronics charged. Dams enable consistent water supply in arid climates, and levees hold back floodwaters to protect rain-soaked communities. For the first time in 20 years, our…
June 24, 2021, Volume 1
Blockchain — Crypto — AI — Megaprojects
Bitcoin declines as China crackdown continues
Cybereum issued patent
Cybereum invited to speak at Oxford
AROUND THE GLOBE
John McAfee Dead
This week saw bitcoin fall to under $30,000 (USD) to its lowest levels since January 2021. The drop comes as the entirety of the crypto market has shed roughly $400 billion (USD) in value. The losses came on the heels of China’s continued crackdown on crypto miners in the Sichuan Province. In addition to the mining operations being hindered, China’s central bank in Beijing…