Are we fighting terrorism and money laundering deaf and blind, stifling innovation, and violating rights?
Governments around the world are deliberately making it as difficult as possible to use cash. At the same time, financial institutions are cooperating to refuse service to customers for shocking reasons, for example, that corrupt regimes have designated them “terrorists” just because they oppose that regime.
My solar power system has now been fully operational for one month. My electric bill is about $330 less than it would have been without the system.
Recently, I posted a tweet, “The war on cash means you can buy a coffee if, and only if, an FI can make a profit on it.” The tweet was prompted by another tweet from a coffee shop that only accepts credit cards.
Lately, I’ve been thinking a lot about Byzantine agreement protocols. The Byzantine generals is a famously unsolvable problem in computer science. Except now we have ways to solve it, and that might mean we need to rethink some things.
My wife and I recently spent some time in Hawaii.
Few people know the reason I use the pseudonym JoelKatz. It’s an odd tale.
It goes back to my high school years, Continue reading
A couple of months ago, my wife and I decide to get a solar power system for our home. Continue reading
Hello. I’m David Schwartz, better known as JoelKatz in many online communities. I’m the Chief Cryptographer at Ripple and one of the original architects of the Ripple global settlement network. In no way is anything said here official in any way or said in any capacity other than my capacity as a human being, so long as I continue to retain such a capacity.
Twice before I tried to start a blog. Each time, there was some specific thing I felt I needed to comment on publicly and none of the existing channels I had were really suitable. Each of the two previous times, the post count never got above three before I got bored and forgot I had a blog.
My blog posts will be around my personal interests and experiences. You may see things about blockchain technologies, encryption, aviation, solar power, sports, and about anything else that I feel the world most know.
I picked the domain GigabitEther.net for my blog because it was a memorable domain that I’ve had for quite some time and never done anything with.
Maybe the third time will be the charm. Maybe not.