Gotham Gazette

The Place for New York Policy and politics

blockchain

blockchain

  • voters on line Queens early

    Voters on line for early voting (photo: Michael Appleton/Mayor's Office)


    Blockchain – many know it is a technology of the moment, but few understand how it works. It’s just one of those things that sounds important, but so many eyes glaze over when the phrase is used. But more and more, the use of blockchain technology is becoming commonplace, and it’s time we consider using it to make sure elections are as secure as possible.

    First, the basics.

    Blockchain is known as a “decentralized ledger” -- meaning that whenever a change is made

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  • governorandcuomo rail project

    (photo via the Governor's office)


    One of the most powerful financial tools in the United States federal government’s financial toolbox is its relationship to the Federal Reserve Bank, which can create money “out of thin air” and then use it to buy the federal government’s debt: treasury bills, bonds, and notes. While the primary purpose of these “open market operations” is to manage U.S. money supply, a convenient side effect is that that the Federal Reserve can, in the words of the Economist magazine, “buy up trillions of government

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