Jeffrey David “Jeff” Berwick (November 24, 1970) is a Canadian-Dominican entrepreneur, libertarian and anarcho-capitalist activist.
Berwick founded Stockhouse, a penny stock promotion and marketing site, which he later sold. He later was an investor in bitcoin, appearing publicly on Fox News and other mainstream press outlets to discuss the digital currency. He also appeared on Bloomberg to discuss Bitcoin.
In 2016, Berwick acquired Dominican Republic citizenship.
Archive | November, 2017
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Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency.
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Bitcoin Classic is one of several forks of the Bitcoin reference implementation Bitcoin Core aiming to increase the transaction processing capacity of Bitcoin by increasing the block size limit. Blocks, which contain transaction data, form the basic structure of the immutable blockchain. Bitcoin Classic started out as similar to, though less aggressive than, the Bitcoin XT fork, which never managed to get the support it needed. Bitcoin Classic in its first 8 months promoted a single increase of the maximum block size from one megabyte to two megabytes. In November 2016 this changed and the project moved to a solution that moved the limit out of the software rules into the hands of the miners and nodes.
Bitcoin Classic is also an attempt to move the technical governance of this decentralized and independent Bitcoin project from the developers of the original Bitcoin to a voting process involving a larger community of miners, businesses, developers and users. There is no formal activation method for the software, but due to the nature of Bitcoin a supermajority needs to support it.
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A bitcoin ATM is an internet machine that allows a person to exchange bitcoins and cash. Some Bitcoin ATMs offer bi-directional functionality; these machines enable both the purchase of Bitcoin as well as the redemption of Bitcoin for cash. In some cases, Bitcoin ATM providers require users to have an existing account in order to transact on the machine.
Bitcoin machines are not ATMs in the traditional sense and probably use the wording ATM as a neologism. Bitcoin kiosks are machines which are connected to the Internet, allowing the insertion of cash in exchange for bitcoins given as a paper receipt or by moving money to a public key on the blockchain. They look like traditional ATMs, but Bitcoin kiosks do not connect to a bank account and instead connect the user directly to a Bitcoin exchange. According to an advisory issued by the Consumer Financial Protection Bureau, “they may also charge high transaction fees – media reports describe transaction fees as high as 7% and exchange rates $50 over rates you could get elsewhere”.
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Bitcoin Core is the reference client of bitcoin. Initially, the software was published by Satoshi Nakamoto under the name Bitcoin, and later renamed to Bitcoin Core to distinguish it from the network. For this reason, it is also known as the Satoshi client. It is the reference implementation for bitcoin nodes, which form the bitcoin network. Through changes to Bitcoin Core, its developers make changes to the underlying bitcoin protocol. As of 2016, Bitcoin Core repositories are maintained by Wladimir J. van der Laan.
The MIT Digital Currency Initiative funds some of development of Bitcoin Core. The project also maintains the cryptography library libsecp256k1.
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Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that dispense alternative cryptocurrencies.
Bitcoin faucets were developed by Gavin Andresen in 2010.
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The welfare state of the United Kingdom comprises expenditures by the government of the United Kingdom intended to improve health, education, employment and social security. The UK system has been classified as a liberal welfare state system.
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Bitcoin Cash (BCH/BCC) is a hard fork of the cryptocurrency bitcoin. The fork occurred on August 1, 2017.
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A live USB is a USB flash drive or external hard disk drive containing a full operating system that can be booted. Although they are closely related to live CDs in that they can be used in embedded systems for system administration, data recovery, or test driving, live USBs can persistently save settings and install software packages on the USB device. Many operating systems including Mac OS 9, macOS, Windows XP Embedded and a large portion of Linux and BSD distributions can run from a USB flash drive, and Windows 8 Enterprise has a feature titled Windows To Go for a similar purpose.
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The Kuwait Investment Authority (KIA) is Kuwait’s sovereign wealth fund, managing body, specializing in local and foreign investment. It is the 5th largest sovereign wealth fund in the world with assets exceeding $592 billion. It is a member of the International Forum of Sovereign Wealth Funds and has signed up to the Santiago Principles on best practice in managing sovereign wealth funds.
