Most everybody has heard of the Federal Reserve, but you’re not alone if that’s about as far as your knowledge of the Fed extends. We recently conducted a study of 1,000 US consumers and when asked the question, do you know what the Federal Reserve does? Nearly 50% of respondents answered either no (34%) and I don’t know (15%). …Read more
– A note from Marco Streng, CEO of Genesis Group
I first heard about this new underground internet money called “Bitcoin” while I was in university in 2012. I read about it for just a few hours, but was hooked and couldn’t imagine turning back. Because of my mathematics background, I was fascinated by the algorithms that made Bitcoin possible. From there it’s not so difficult to be fascinated by the idea of money that’s not controlled by any government or central entity. Like many other early cryptocurrency adopters, I couldn’t stop talking about it. From every family dinner to every date I went on, cryptocurrency seemed to come up. …Read more
In October, we did our first ever customer survey, and we were thrilled with the results. It took us a little while to go through all the responses (there were over 2500!), but we wanted to share the most interesting points with you.
Last week we asked our miners to tell us what they think about increasing the blocksize. Miners are affected by this change as much or more than anyone else, and we have received a lot of feedback about this issue.
So we hosted a poll. In it we laid out the pros and cons of both alternatives – increasing the block size and not tampering with the blocksize. This is a summary of how we represented each point of view: