Why the Encryption “Debate” Is Stupid

In the news, and in Congress lately, there has been a substantial amount of discussion about encryption. From the Apple-FBI scuffle over decrypting iPhones, to WhatsApp’s decision to adopt encryption, to Congress recent bill to end encryption by another name, the Compliance with Court Orders Act of 2016, encryption is a major issue in America today.

But at the end of the day, the encryption issue simply does not have two sides. There is a mathematically justified side, and a side that doesn’t know what they’re talking about. You cannot just refuse to accept mathematical reality and demand a different answer from the universe.

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Crypto 2.0 and Securities Laws

Blockchain applications are taking off in a huge way, with an incredible array of different projects tackling every imaginable purpose. It’s the Wild West, and nobody has the answers on exactly how this will eventually shake out. There are countless potentially critical issues that must be addressed, both technological and legal, and it will take years before we as a society have figured out the place that Crypto 2.0 will play in our world.

But there is one issue that seems particularly immediate and pressing, with dramatic implications for Crypto 2.0. Securities laws. Are crypto assets securities? Should they be?

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What is Bitcoin, and Why it Really Matters

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Unless you’ve been living under a rock you’ve probably heard of Bitcoin. It’s controversial, its unstable, half the world loves it and the other half thinks it’s a fad.

However instead of delving too deeply into Bitcoin itself, I want to discuss the true innovation, the really disruptive breakthrough that Bitcoin represents and why that breakthrough will have such tremendous impact on the future.

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