The Week In Bitcoin - Issue #73: The Trump Effect

The Trump EffectAfter the recent US election results, much talk in digital currency land has revolved
The Week In Bitcoin
The Week In Bitcoin - Issue #73: The Trump Effect
By The Week In Bitcoin • Issue #15
The Trump Effect
After the recent US election results, much talk in digital currency land has revolved around what Trump’s presidency will mean for Bitcoin. 
The immediate effect was a sharp rise in its price - bitcoin jumped 3% almost immediately after the announcement. After a short dip, the prices have continued to rise. 
Beyond price activity, it’ll be interesting to see if Trump actually follows through with the repeal of Dodd-Frank. If this were to come to fruition it could get interesting for digital currency exchanges. On one view, it might make it a little easier to run an exchange due to potential loosening of KYC requirements. Obviously, this is only conjecture as no one really knows what the changes to Dodd-Frank will look like. 
Regardless, it’ll definitely be an interesting 4 years for America and potentially Bitcoin too. 
Alan Tsen, @alantsen 👊💯
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The Trump Price Effect
Trumps win has been followed by a strong rally in Bitcoin's price
Trumps win has been followed by a strong rally in Bitcoin's price
News This Week
With Bitcoin’s Lightning Network nearing launch, the number of tests seeking to upgrade the micropayments network is on the rise.
Digital currencies may have launched the blockchain conversation, but it’s no secret that they’ve taken a backseat amid rising interest in distributed ledgers.
Gavin Andresen now thinks we should all ignore Craig Wright.
The World Economic Forum has created a new working group focused on blockchain co-chaired by the former president of Estonia.
Few investors even on Wall Street are aware that over $220 million has been raised in the past three years through Initial Coin Offerings (ICOs). ICOs are a new form of investment, somewhere between an IPO and a Kickstarter, in which new blockchain ventures sell a digital currency they create to use with their software before the software itself is written.
When discussing consensus mechanisms for different cryptocurrencies, one issue that often causes arguments is a lack of understanding (and definition) of the security model that they provide for the historical data in the ledger. 
With so much blockchain technology publicly disclosed already, many are wondering, “How can we get a patent on a blockchain system now?”
Who are you? You are a member of a nation, a community and a family. You are a son or a daughter, perhaps a father or a mother. You are a professional, the fuel for the economic combustion engine. You engage in social activities with friends and family, perhaps you are part of a club or organization that shares similar interests.
From Cold Storage
Ethereum builds on blockchain and cryptocurrency concepts, so if you are not familiar with these, it’s worth reading a gentle introduction to bitcoin and a gentle introduction to blockchain technology first. This article assumes the reader has a basic familiarity with how Bitcoin works.
This post tries to describe two very different uses for blockchain technology: Digital Token Ledgers that record ownership changes of digital tokens, and Activity Registers that record timestamped proofs of existence of data or agreements about data.  Bitcoin is used for both.
I am often forwarded news articles of blockchain experiments run by banks or large companies, questioning “Why are they using a blockchain for this internal use-case?”.
It was clear something was wrong with the Clinton campaign as soon as the polls closed in Florida. Pundits and pollsters alike pointed to the high early voting numbers in Nevada, Florida and elsewhere as a positive sign for Clinton.
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