Total 56 Posts
New York's Digital Currency Group has acquired South Africa’s largest cryptocurrency exchange, Luno, for an undisclosed amount of cash. Luno has 5 million customers and a presence in 40 countries.
While technological change has been incredibly fast in the information era, the system of international payments has lagged behind. But once sovereign digital currencies start taking off, this will suddenly change.
With digital money surveillance (as we are currently witnessing with our personal data on various digital platforms) comes control and the ability for various actors in that cashless society supply chain to restrict how you use YOUR money or withhold it.
One of the main barriers so far for cryptocurrencies has been the difficulty of finding a trustworthy exchange and wallet provider. Another is finding comprehensive, accurate information about Bitcoin that anyone can understand without needing to know the finer details of the technology.