Popular Post VanGogh 1,318 Posted October 15 Popular Post Share Posted October 15 (edited) https://www.coindesk.com/trump-blockchain-critical-technologies?utm_source=dlvr.it&utm_medium=twitter Credit to @HamEggsnSam "DLT is one of 20 focus areas on the National Security Council's "critical and emerging technologies" shortlist, released Thursday.... Pockets of the U.S. government are already investing in blockchain infrastructure, the Department of Homeland Security most publicly so. The U.S. military is also examining DLT for combat operations, but efforts are still in their early stages. Chinese officials have long been bullish on DLT. A state-sanctioned distributed network for hosting dapps and internet services debuted months ago." Edited October 15 by VanGogh Zerpiet, xrp_sea, King34Maine and 7 others 6 4 Link to post Share on other sites
KarmaCoverage 4,026 Posted October 15 Share Posted October 15 (edited) Nice to see further evidence that Blockchain regulations is in fact a topic that the highest levels of government's is aware of. Also nice to see the term "Distributed Ledger Technology", instead of "Blockchain". Edited October 15 by KarmaCoverage VanGogh, Julian_Williams, Duke67 and 5 others 8 Link to post Share on other sites
Skippy 6,190 Posted October 16 Share Posted October 16 5 hours ago, KarmaCoverage said: Nice to see further evidence that Blockchain regulations is in fact a topic that the highest levels of government's is aware of. Also nice to see the term "Distributed Ledger Technology", instead of "Blockchain". Maybe it's because they mean DLT and not blockchain? Link to post Share on other sites
KarmaCoverage 4,026 Posted October 16 Share Posted October 16 (edited) 4 hours ago, Skippy said: Maybe it's because they mean DLT and not blockchain? DLT & Blockchain are synonymous. I view the wording choice as a sign of Ripple's regulatory success, because Ripple came up with the term DLT a few years ago to discuss the technology, when Blockchain was a dirty word tied to crime/silk road. Also, it sounds more like a boring accounting word, which is in line with the fact that all Blockchains, even BTC & XRPL are simply accounting tools. Edited October 16 by KarmaCoverage Duke67, Babelly and mistatee2000 3 Link to post Share on other sites
jlr 132 Posted October 16 Share Posted October 16 1 hour ago, KarmaCoverage said: DLT & Blockchain are synonymous. I view the wording choice as a sign of Ripple's regulatory success, because Ripple came up with the term DLT a few years ago to discuss the technology, when Blockchain was a dirty word tied to crime/silk road. Also, it sounds more like a boring accounting word, which is in line with the fact that all Blockchains, even BTC & XRPL are simply accounting tools. DLT and Blockchain are used as synonyms, but in fact Blockchain is a subset of DLT. So each Blockchain is DLT, but not each DLT Blockchain. It is a good choice for using DLT term in that paper. David Schwartz defined Blockchain here (actually it is a pretty cool definition )https://www.distributedagreement.com/2018/09/24/what-is-a-blockchain/#more-707 KarmaCoverage, Johno, VanGogh and 3 others 4 2 Link to post Share on other sites
thinlyspread 2,948 Posted October 16 Share Posted October 16 Too little too late? Link to post Share on other sites
KarmaCoverage 4,026 Posted October 16 Share Posted October 16 (edited) 27 minutes ago, thinlyspread said: Too little too late? It is clear who is Not in the lead. That said, like any behemoth company competing in a new (crypto) industry, they can afford to "let the little guys get killed trying first", and learn from who did/didn't survive. Then when they weigh in, if they have conviction, they can tip the pendulum away from little guys taking the lead and back towards incumbents taking the lead back. Innovation comes from outside an industry, but is implemented from within an industry. The geopolitical implications of dethroning the USD bring another layer of complexity to this situation. One party has nothing to lose, so being aggressive has little downside cost. The other party has everything to lose, being defensive takes precedence, but a lack of action and aggressiveness in that defense would be a misstep. Edited October 16 by KarmaCoverage mistatee2000, jlr and Pablo 3 Link to post Share on other sites
Wolfparty 25 Posted October 16 Share Posted October 16 For anybody that would like to see the official document: https://www.whitehouse.gov/wp-content/uploads/2020/10/National-Strategy-for-CET.pdf EasterBunny and KarmaCoverage 1 1 Link to post Share on other sites
peanut56 1,183 Posted October 16 Share Posted October 16 You need a group with a clean enough financial history to allow blockchain to be regulated. Link to post Share on other sites
SquaryBone 678 Posted October 19 Share Posted October 19 On 10/16/2020 at 12:12 PM, jlr said: DLT and Blockchain are used as synonyms, but in fact Blockchain is a subset of DLT. So each Blockchain is DLT, but not each DLT Blockchain. It is a good choice for using DLT term in that paper. David Schwartz defined Blockchain here (actually it is a pretty cool definition )https://www.distributedagreement.com/2018/09/24/what-is-a-blockchain/#more-707 Yeah it's remarkable how little some of these forumers know and base their "informed" decisions on. jlr 1 Link to post Share on other sites
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