Osman Gazi Güçlütürk's blog

Latest from Osman Gazi Güçlütürk's blog

Image Attribution: Efecto Eco. Licensed under Creative Commons 3.0. Venezuela economy is in crisis almost for a decade now. Things started with internal political conflicts during the presidency of Hugo Chavez. The government adopted populist policies in order to increase its political power in the country and these policies led the country into hyperinflation, Venezuela started failing at payment of its debts and it snowballed. Country going into a crisis is not something new. On the…
I agree with you but there is a logical correlation here. If a given token is deemed to be a security, it will automatically trigger securities regulation which, in most cases, will come with investor protecting provisions as well. So the issue here is not these tokens being securities per se but rather, as a result of this security status, that a protective set of rules shall be applicable.…
Image is licensed under the Creative Commons Blockchain technology is here to promote p2p networks and get rid off intermediaries, mainly those in the financial system. At least it was the initial idea. However, the current situation shows something different. Financial institutions are among the pioneers and top investors of the Blockchain technology. They have not been replaced, instead they found ways to play along. Like the financial intermediaries, lawyers are put on the target of the…