Living in More Than One World

The Blog of Bruce Rosenstein

Bitcoin Regulation and Enforcement: No Easy Answers

A major theme running through the June 26 American Bar Association Criminal Justice Section National Institute on Bitcoin and Other Digital Currencies in Washington, D.C. was how to balance regulation compliance and law enforcement while allowing for innovation and the entrepreneurial spirit that has flourished around the bitcoin ecosystem in its short existence.

The ABA’s write-up of the event focuses mainly on the remarks of the two keynote speakers, U.S. Department of Justice Assistant Attorney General Leslie R. Caldwell, who heads the criminal division; and Jamal El-Hindi, the recently named deputy director of the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN).

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15 Eclectic Summer Reading Lists

Summer/beach reading lists are irresistible. I compiled some of the best in 2013, and earlier this month I tackled one specific topic in Bitcoin Beach Reading.

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In the spirit of the great variety of summer reading guides of all types, here are some of the most eye-catching of the year so far, with special emphasis on business, leadership, technology, personal finance and self-improvement:

BloombergBusiness: These Are Wall Street’s Must-Read Books of the Summer
Duke University’s Fuqua School of Business: Faculty Summer Reading Recommendations 2015
EntrepreneurThe 7 Books Bill Gates Wants You to Read This Summer
Forbes: Profitable Summer Reads: 7 New Investment Classics
GOBankingRates: 25 Best Personal Finance Books for Your Summer Reading List
Informationweek.com: 10 Geekiest Beach Reads of 2015
Military Times: 10 new books: Something to read at the beach or on base
The New Yorker: What we’re reading this summer
Opensource.com: The 2015 open source summer reading list
Stanford Graduate School of Business: Seven Business Books for Your Summer Reading List: Top selections from alumni entrepreneurs around the world
TED: Your summer reading list: 70+ book picks from TED speakers and attendees
The University of Texas at Austin: Spend Your Summer Reading the Books UT Professors Love
USA TODAY: 25 hot books for summer
The Wall Street Journal: 10 Beach Books from J.P.

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Bitcoin Beach Reading

The technological/cultural revolutions behind bitcoin and related cryptocurrencies, and the online public ledger blockchain that bitcoin operates on, are steadily gaining more public awareness, both positive and negative.

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In April, I attended a highly interesting bitcoin/blockchain panel discussion featuring Wall Street Journal reporters Paul Vigna and Michael J. Casey, at the D.C. headquarters of Consumers’ Research, which has lately taken a keen interest and involvement in these subjects. Kyle Burgess, the organization’s director of operations, recently participated in the Block Chain Summit, hosted by Richard Branson on Necker Island. You can read her takeaways here.

The occasion for the April panel was the release earlier in the year of Vigna and Casey’s The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order.

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Frances Hesselbein on Peter Drucker’s Five Most Important Questions

I’m honored that Frances Hesselbein, president and CEO of the Frances Hesselbein Leadership Institute; and co-author of the terrific new book Peter Drucker’s Five Most Important Questions: Enduring Wisdom for Today’s Leaders, has provided answers to my interview questions  about the book for today’s blog post.

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1.  What would you recommend for leaders/aspiring leaders who are now in college or graduate school to read first in this new edition?

Read the section titled “About Peter Drucker.” Knowing his background, learning what the critics at the time said about Peter — Forbes magazine, “Still the Youngest Mind,” Business Week, “the most enduring management thinker of our time,” — will deepen your understanding of The Five Questions.

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How to Love Your Job in 8 (Relatively) Easy Lessons

Workers of the world, meet Kerry Hannon, from now on known as your new best friend. Her latest book, Love Your Job: The New Rules for Career Happiness, (Wiley/AARP, 183 pages, $19.95) takes a solid and realistic approach to getting the most out of  your current job, rather than complaining, quitting (though she acknowledges that sometimes this is an appropriate option) or quietly dying a thousand deaths. Your dream job could be, with the right thought and effort, the one you already have.

 

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Each of the eight chapters deals with a particular aspect of learning to love your job, which she emphasizes is a systemic, holistic and ongoing process.

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Think, Learn, Do: A Year With Peter Drucker

There is an emphasis on the concept of a “calling” in the new book A Year With Peter Drucker: 52 Weeks of Coaching for Leadership Effectiveness. It’s clear that Joseph A. Maciariello was called to write it. The title is apt; reading the book really is like a virtual personal coaching experience (with both Drucker and Maciariello) and is meant to be taken seriously. It is rigorous and thorough.

Drucker School professor Maciariello was a longtime collaborator and friend of Drucker’s. Like the earlier book Drucker’s Lost Art of Management: Peter Drucker’s Timeless Vision For Building Effective Organizations, written with Karen E.

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Peter Drucker and the Power of 4

As 2014 slowly ends, I’ve been reflecting on a small but interesting fact: some of Peter Drucker’s most significant books were published in years ending in 4. They are:

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The Practice of Management  (1954).  Jack Beatty, author of The World According to Peter Drucker, considers this to mark the invention of modern management.

Managing for Results  (1964).  This has some of Drucker’s best and most extensive work on the future, which I elaborated on in Create Your Future the Peter Drucker Way.

Management: Tasks, Responsibilities, Practices  (1974).  An 839 page compendium of Drucker’s management wisdom up to that point.  In 2008, three years after Drucker’s death, Management: Revised Edition was published.

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Doris Drucker: A Remarkable Life

The remarkable life, personally and professionally, of Doris Drucker, who died on October 1 at 103; represents an inspiration for healthy, productive aging. She and Peter Drucker were married for 68 years, until his death at 95 in 2005. They had four children and six grandchildren. Many of the details of her life (including writing, editing, work as a registered patent agent, and as an entrepreneur) are captured in some of the terrific tributes now online, which also describe her devotion to exercise and competitive sports:

The Drucker Institute: In Memoriam: Doris Drucker
Drucker School of Management/Claremont Graduate University: The Drucker School mourns the passing of Doris Drucker
Forbes/Steve Denning: How the Drucker Forum Was Born: A Tribute to Doris Drucker
Los Angeles TimesDoris Drucker dies at 103; memoirist and wife of Peter Drucker
Claremont Courier: Doris Drucker: Author, inventor, wife of Peter Drucker

Photo by Claremont Graduate University

Photo by Claremont Graduate University

In 2004, I interviewed her and wrote a USA TODAY review of her wonderful memoir, Invent Radium or I’ll Pull Your Hair.

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My 2014 Drucker Landmark College Day

On September 16th, I spent a tremendously meaningful day at Landmark College, in Putney, Vermont.  I wrote about the school in Chapter 4 of Create Your Future the Peter Drucker Way. Its specialization is educating students with learning difficulties such as dyslexia, and some students may have ADHD or an ASD-Autism Spectrum Disorder. There is now a greater national awareness of the challenges and possibilities of teaching the growing number of students with learning difficulties.  For instance, two days after my talk, Dr. Peter Eden, the school’s President, was in Washington speaking at a U.S. House of Representatives hearing about dyslexia in higher education.

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Autumn Equinox and the Berrett-Koehler D.C. Writers Group

Last night we had another terrific session of the Washington, D.C. area Berrett-Koehler writers group. We get together four times a year or so for an improvisational writing activity, and to share a meal. The format of the exercises is simple: any member of the group can propose a topic, while specifying a brief time limit for everyone to write whatever comes into their head, without editing.

You can share it aloud with the others, or not. During the meal, several of us talked about the confusion surrounding the autumn equinox (which is celebrated today). “Autumn equinox” duly became a theme topic.

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