Next up in our expert interviews is our special guest Joshua Scigala, (CEO of vaultoro.com) and Dr. Marco Krohn (CFO Genesis Mining) talking about characteristics of FIAT money, Gold and how Cryptocurrencies are building on both of them.
We’re starting off the expert interviews with our guest Erik Voorhees (CEO of Shapeshift.io), who visited our office at the end of September, and Dr. Marco Krohn (CFO Genesis Mining) talking about what Bitcoin and money is, how it works and how both are changing each other and the world.
You may have seen a teases regarding our plan to send Bitcoin “To the Moon!” as they say… Well we’re happy to share with you that Genesis Mining recently conducted the first ever Peer2Peer Transaction in space! A few weeks ago we went to the United Kingdom to send a 3D model of a Bitcoin with a paper wallet fixed on the back all the way into space with the help of a weather balloon.
The Bitcoin Block Halving is a central part of the Bitcoin system. Satoshi Nakamoto thought of a unique monetary ruleset within the Bitcoin protocol: as there are only ever 21 million bitcoins to be created in a decentralized matter, the rate at which the coins are generated will drop by half every four years. We are now approaching the second block halving in the history of Bitcoin.
As you probably know we are huge fans of Iceland. It is a lovely country with even more lovely people, and a big partner in our service, since many of our mining facilities are based there. Like many others we are amazed at their performance in the UEFA EM 2016, as they have now entered the quarter finals.