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Location

London

Member since

2017

James Treacher

Founder at Block0

Posts: 0 Comments: 6

Career History Fintech and blockchain technology

James is Commenting on

Is Data Immutability Always Favorable on the Blockchain

I do not agree that "In the cryptocurrency environment, anonymity is one of the basic foundations of the distributed world." Blockchains such as bitcoin and ethereum blockchains allow for pseudonymity. Transactions can be masked with private blockchains such as DragonChain and privacy focussed coins such as Monero and Verge.

17 Jan 2018 Reply Read article

What Next in Banking: Open Bank Blockchain

Use case 1 and 3 exist. 2 is in progress. Use case 1: Eth Lend, Salt Use case 3: Will be solved by payment focussed cryptocurrencies giving close to zero transaction fees, and conversion to fiat will also be close to 0.

17 Jan 2018 Reply Read article

Millennials Choose Bitcoin Over Bonds

Millennials are right to think this. If BTC drops 90% it will still have beaten most bonds and funds over the last year. Crypto's largest value proposition is judgement and censorship resistant money. There was never a promise of cryptocurrency being an investment. The promise was for the blockchain to decentralize money. It has succeeded at this in creating a store of value, however high transation fees are reducing it's capacity to function as a means of exchange.

17 Jan 2018 Reply Read article

SEC chief issues cryptocurrency and ICO investor warning

There must be more regulation in the space so all those involved in token sales/ICOs have a clear understanding of the risks. Guidelines must be published so those looking to invest have an opportunity to perform due diligence which clearly signals whether a token will be considered a security, even though it is being marketed as a utility token.

14 Dec 2017 Reply Read article