By CCN Markets: Ten-time Grammy award winner John Legend recently appeared on CNBC to discuss how Spotify, Apple Music, and other streaming services have completely upended the music industry. His comments portend the market-shattering disruption that awaits the gaming industry once it undergoes its own streaming revolution. John Legend Says Streaming Has Changed ‘Everything’ It’s undeniable that John Legend is one of the leading authorities in the music business. So you should take note that when asked about the rise of services such as Apple Music and Spotify, Legend claimed that streaming has “changed everything.” He highlighted the improvement in
Bitcoin has crossed the $ 5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. This unfolding price scenario should not immediately be ruled out as a repeat of what happened in 2017. However, as the market reaction seems to be positive so far (given that bitcoin sits at $ 5,214 at the time of this writing), recent developments in the crypto space could be working to make today’s change different from 2017’s movement.
Over the last 12 hours, cryptocurrency supporters across the globe have been celebrating the 10-year anniversary of the Bitcoin genesis block which was mined at approximately 18:15:05 UTC. Die-hard crypto enthusiasts believe the software released by the anonymous creator Satoshi Nakamoto has forever changed the way people look at money, and that the technology’s effect on the global economy will transform the course of history.
On Oct. 31, 2008, at 2:10 p.m. EDT, the creator of the Bitcoin network, Satoshi Nakamoto, announced the publication of the protocol’s whitepaper using a Vistomail email address. It’s now been 10 years to the day since Satoshi’s idea was first revealed to the world — an idea that unleashed the first pure peer-to-peer version of electronic cash.
Charles Hoskinson, the co-founder of Ethereum and Cardano, entered the cryptocurrency sector when Bitcoin was valued at just over $ 1. Since then, the infrastructure supporting the market and blockchain systems has changed drastically, at an exponential rate. In an interview with Mpho Dagada, Hoskinson, the CEO of IOHK, a technology company that leads the development … Continued
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Here are five ways in which Bitcoin technology has completely redefined the concept of money in its nine years of existence.
A Revolution of Money
Bitcoin is one of the most groundbreaking monetary experiments in human history. In just nine years of existence, Satoshi Nakamoto’s invention has grown into a multi-billion dollar industry, leading to an explosion of fintech innovation… and it’s just getting started.
Meanwhile, Bitcoin technology has already reinvented the concept of money.
According to the Federal Reserve, the characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability. Interestingly, Bitcoin does not only posses, but has greatly enhanced and redefined many of these properties.