The Control - Issue #34
In the midst of all the ICOs and new tokens that we've seen pop up in the past 18 months, the values of inclusion and transparency that Satoshi set forth for the ecosystem when founding Bitcoin often get forgotten.
Bitcoin and blockchain-based tokens broadly are so powerful because of their global accessibility. Read more about the history of Bitcoin and why the accessibility of cryptocurrencies is important in our latest piece on the Control: On Democratizing Ownership
Token Summit is coming back to NYC on May 17th! Get your tickets here with a special 20% discount link. If you can't make it, all the sessions will be posted shortly after on our YouTube Channel.
Required reading this week
No, ether is not a security — coincenter.org
Coincenter does some of the best work out there to educate regulators. In this piece, Coincenter takes the position that ether is not a security. Token sales have slowed down this year and there is still regulatory uncertainty on what is and isn't a security.
Introducing Basis, a Stable Cryptocurrency with an Algorithmic Central Bank* — medium.com
Basis (formerly Basecoin) recently announced a large funding round and new name. Stablecoin usage (Tether, Dai, and TrueUSD being the 3 most active currently) is growing and Basis looks to be a serious player in this growing category.
Announcing Margin Trading with dYdX — medium.com
This week, dYdX announced their Margin Trading Protocol + Short and Leveraged Long Tokens — the most user friendly way to get short or leveraged crypto exposure
Blockchains should not be democracies — hackernoon.com
Blockchain governance is an important topic that will be debated for the next several decades. This author takes the position that on-chain governance is unlikely to work anytime soon.
Introduction to Token Curated Registries — medium.com
This is a good overview on a hot topic in token land these days: token curated registries.