Bitcoin and cryptocurrency round-up: 20 March 2018
What's happening in cryptocurrency?
Read about the Petro saga, Congress's crypto report, IBM's game changer, ban uncertainties and crypto groups.
1. Smooth as an oil slick.
Trump has declared a hard no on anyone from the US buying Petro.
2. One part beer, one part skittles, two parts confusion.
The US congress has released its blockchain technology findings and cleared some things up while bringing in a few more elements of confusion.
It's not entirely clear whether it hints at a no-bull market or a bipolar bear market.
3. Would it be hard to find if you dropped it?
You'd know exactly where it is, but wouldn't be able to find it.
IBM has unveiled a near-microscopic computer chip. It costs less than 10c to make and can detect theft, faults and fraud as well as basic AI tasks, such as sorting the data it's given, all of which occurs on a blockchain. It's designed for supply-chain management and is almost certainly a really big deal.
4. That's not going to age well.
An outright cryptocurrency advertising ban is a very good idea right now.
5. Hodlers are like onions.
They have layers. Many crypto groups do, too.
Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VEN, XLM, BTC and NANO.
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