Yesterday, the FCC voted 3-2 to strike down Obama-era regulations which classified ISPs as public utilities. By doing so, companies will have the opportunity to privilege certain information over others. Readers will know I’ve been vocal and passionate about this issue in the past. I’ll try to keep my cool.
This is Dumb as Hell
Skirting past my promise to keep my cool, I’ll admit, I’m livid right now. Not only has the FCC chosen to side with large companies over the very people it is meant to protect – I’ll get to that in a minute – but the way in which it handled information surrounding the vote has been either i) laughably incompetent or ii) intentionally malicious.
With Bitcoin and altcoins exploding as a whole this entire year, and particularly in recent weeks, individuals from all backgrounds are beginning to take an interest in cryptocurrency. Every day, formerly hesitant individuals are making the transition into the world of crypto, as seen by Coinbase’s surge in usage.
Since the historic downfall of Mt. Gox, Coinbase has emerged and established itself as the primary means of entering the cryptocurrency markets.
After two days of solid gains, it seems the XRP price is finally cooling off a bit. Do not be tricked into thinking this rally is over automatically, a sit seems there is still a strong desire to regain lost value against Bitcoin. Even though the world’s leading cryptocurrency is on a tear right now, we will see some more interesting XRP price movement over the next few days and possibly weeks.
XRP Price Stands its Ground
Whenever the Bitcoin price goes up, most altcoins will immediately drop in value.
The past few days were not overly kind to the Bitcoin price. Although no major corrections have occurred, the Bitcoin price has been remarkably flat for quite some time now. That has all come to change over the past 24 hours, as the BTC price suddenly started moving up again. Thanks to solid gains, we are now looking at a value of just over $18,000. Maintaining this momentum may not be possible for more than a few hours, though.
Bitcoin price is Finally Moving Again
On paper, it was only a matter of time until we saw some more Bitcoin price movement.
Mainstream financiers like BlackRock CEO Larry Fink may claim that bitcoin is an “index of money laundering,” but a new report from Deutsche Bank AG says that this year’s bitcoin price surge is not the product of criminal activity, it’s Mrs.
The Portuguese Securities Market Commission (CMVM) is reportedly keeping a close eye on the “bitcoin euphoria” that’s sweeping the nation, as according to local publication ECO it’s supervising investment banks and brokerage firms in the country who sell products associated with the cryptocurrency.
Apparently spooked by bitcoin’s recent growth and popularity, Mexico’s central bank and finance industry warned consumers that initial coin offerings violate the law and claimed cryptocurrencies were risky investments, according to Reuters.
The United States has decided to do away with legislation that regulates internet service providers. Known as net neutrality, the regulations ensure that ISPs cannot dictate or block customer access to data and other services. Lead by President Trump, Republicans have criticized the regulations as overreaching, while Democrats believe them necessary to ensure fair and equal access to web content.
The End of an Era
On December 14th, the United States Federal Communications Commission voted to repeal net neutrality.
We have documented multiple use cases for robots on this website already. Some of these projects make a lot more sense than others. The San Francisco SPCA has embarked on a rather unique endeavor, even though it remains to be seen how the general public will respond. Using security robots to deter homeless people from forming camps is an interesting albeit delicate venture.
Ending Homelessness in SF
Like most other major cities around the world, San Francisco is dealing with a growing number of homeless individuals.
The recent Bitcoin uptrend has certainly introduced a lot of new people to cryptocurrency. Over in Japan, it is no secret that Bitcoin and some altcoins are extremely popular. In fact, one corporation has shown it is willing to pay its employees’ salaries in Bitcoin. GMO Internet Group’s new payroll system will be available to all of its 4,700+ employees. Whether or not anyone will sign up for this service remains to be seen, though.
GMO Internet Group Launches Bitcoin Payroll
Even though Bitcoin has suddenly appeared on many people’s radars, there are still issues when it comes to obtaining cryptocurrency.