David Mühlbacher on LinkedIn: Well if family offices are starting to get bullish, I’m quite sure this… (2024)

Regulatory clarity is a must to maintain price stability.

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When 🚀Bas Kemme and I started going down the rabbit hole of Crypto, blockchain and NFTs we often wondered how much of the real economy was dependant on blockchain technology already. In the West we see Bitcoin often merely as an investment asset class, but for a part of the World it is their means of payment. Check out this video 👎🏻

When 🚀Bas Kemme and I started going down the rabbit hole of Crypto, blockchain and NFTs we often wondered how much of the real economy was dependant on blockchain technology already. In the West we see Bitcoin often merely as an investment asset class, but for a part of the World it is their means of payment. Check out this video 👎🏻

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Dutch Blockchain Coalition the November newsletter states "trend in the media: Bitcoin positive for the climate" (https://lnkd.in/eiP_xdVG). In my opinion this is blatant greenwashing of Bitcoin: Bitcoin is a proof-of-work based blockchain, so it is a very inefficient way of creating (fictional) value. No matter where the energy comes from or who consumed it otherwise."Advantages" of Blockchain, according to the post (taken from the KPMG report):- "Help transition to renewable energy": OK, miners want cheap energy, so if green energy is cheaper than fossil-powered energy and demand from Bitcoin miners speeds up this transition, this might be true. But only if green energy is cheaper, and it still does not make Bitcoin's Proof-of-Work an efficient algorithm.- "Balancing electricity grid (by consuming less when demand is high)": miners are commercially driven, so it most will only power down when energy costs exceed potential yield. And it doesn't make Proof-of-Work more energy efficient.- "Decreasing methane emissions (by finding new ways to provide energy)":if you have a surplus gas which you can convert to electricity, by all means do so and put it back into the grid, or convert it into green hydrogen.If there's a surplus of green energy available, it is better stored for later use, by converting it to green hydrogen. Or capturing Co2, making fertilizer or powering other energy-intensive industrial processes. Running intentionally inefficient algorithms to create fictional value is the least useful way for consuming that energy I can think of.And the environmental cost of miners is not just in the energy consumed by the miners: the hardware it uses (high-performance GPUs) are expensive to fabricate. In terms of rare materials and energy consumption.Any process using green energy doesn't automatically make the process a useful consumer of energy. #greenwashing #bitcoin

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Digitising the Vatican archives, ensuring their preservation and availability to the general public, using NFT and Blockchain technology.Hear and read more about this amazing project. #blockchain #nft #nttdata #heritage #preservation

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Nice article about Tax in the Metaverse in TaxTech by Menno M.A. Griffioenn and Simon van Daal

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📚 Recommended Reading of the Week 📚The trade in non-fungible tokens (NFTs) has experienced tremendous growth in recent years, impacting the world of taxation. This week's recommended reading explores the evolving landscape of NFTs and their tax implications.NFTs have gained notoriety primarily in the context of digital art, but their applications are expanding rapidly. The European Commission has highlighted the differing VAT treatment of NFT transactions across EU member states and provided its interpretation in a working paper. However, this interpretation does not cover NFT transactions within the blockchain-based metaverse (BBM), an intriguing development with unique VAT considerations.In this insightful article, the authors delve into the technical aspects of blockchain, NFTs, and the BBM. They offer a comprehensive tax analysis, shedding light on the implications for both taxpayers and tax authorities.https://lnkd.in/e6zVcHNb#RecommendedReading #Taxation #NFTs #Blockchain #Metaverse #VAT"

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Excited to share the success of our SBAN community! 👨💻💼Take a moment to explore - it's definitely worth your time! 💡 #SBAN #CommunitySuccess #blockchain

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In Dutch

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Outlier Ventures report states that Tokenized RWA (Real World Assets) Total Adressable Market (TAM) of $10 to $15 trillion can be underestimated since tokenization process can significantly increase asset value and a better price Discovery is required.#rwa #tokenization #blockchain

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