TIL US and the EU cut Iran off from the payments system.SWIFT, the electronic payments system headquartered in Brussels refused to cooperate, saying that it should not be used as a tool of politics. But the EU threatened the board and senior SWIFT executives with criminal charges, and SWIFT folded.

TIL US and the EU cut Iran off from the payments system.SWIFT, the electronic payments system headquartered in Brussels refused to cooperate, saying that it should not be used as a tool of politics. But the EU threatened the board and senior SWIFT executives with criminal charges, and SWIFT folded. submitted by /u/MakeTotalDestr0i
[link] [comments]

Bitcoin – The Currency of the Internet

Maybe the greatest gift and the most important that Satoshi(and possibly company) left was the fact of a true figure headless payment system that can't be rolled back or threatened to be rolled back due to bias or whatever else nightmare of a reason. (red

Maybe the final bolt in the grand Bitcoin design was the missing element of a central point of coersion. I like Vitalik, he’s a rad guy and a little brainiac genius. I do however question his ties TO Ethereum and the very meddling in the affairs of bad actors upon the system he created. It’s a great philosophical quandary to ponder and maybe that is the one factor that separates bitcoin from ethereum and some others that have obvious central leaders in development. Bitcoin is harder to…

Bitcoin