Fintech Thoughts

Unveiling the Potential of Bitcoin: My Personal Odyssey into the Future of Finance

Unveiling the Potential of Bitcoin: My Personal Odyssey into the Future of Finance

This article details my transformative exploration into Bitcoin and digital finance, starting in 2013. Tasked with rethinking global money transfers and grounded in traditional payment methods, my initial skepticism towards Bitcoin, fueled by familiarity with the double-spend dilemma in payment systems, gradually gave way to an astonishing discovery. A thorough investigation into Bitcoin's mechanisms unveiled its elegant solution to the persistent double-spend problem.

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CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)

CFPB Challenges Apple’s NFC Monopoly: A Push for Competition and Consumer Choice (UPDATED 8.15.24)

The Consumer Financial Protection Bureau (CFPB) has raised concerns about Apple's exclusive control over NFC technology in iOS devices, questioning its impact on competition and innovation in the mobile payment industry. Critics argue that Apple's monopoly limits consumer choices and hinders the growth of open banking. The issue has gained global attention, with entities like the European Commission also challenging Apple's restrictive NFC policies.

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