Tag Archives: Entrepreneurship

Bitcoin Companies Terminate Service in NY due to BitLicense Compliance Costs

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“The world’s largest peer-to-peer bitcoin marketplace Local Bitcoins and bitcoin marketplace BitQuick have terminated their services in New York due to the strict restrictions and fees demanded by New York’s BitLicense.  Local Bitcoins is a unique case; as every single seller on Local Bitcoins would be required to pay $5,000 to apply for BitLicense.  New Yorkers who have depended on the services of Local Bitcoins would have to cross the river and sell or purchase bitcoin in New Jersey legally.  The worst part, BitQuick and Shapeshift say, is that the government is trying to get hold of sensitive customer data of all exchanges.”

https://bitcoinmagazine.com/21553/bitquick-local-bitcoins-terminate-service-ny-due-bitlicense-compliance-costs/

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Entrepreneurs find new hope in fight against regulators

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“Two years ago the Nevada State Board of Cosmetology threatened to fine and shut down two makeup instruction businesses owned by Lissette Waugh and Wendy Robin.  If Waugh and Robin want to teach makeup artistry, according to state licensing laws, their businesses would need to become licensed as cosmetology schools and invest thousands of dollars in unnecessary equipment and facilities. Robin said, ‘The state asked me to have bigger facilities, up to 5,000 square feet, with 10 special shampoo sinks, facial chairs and equipment to give pedicures and manicures, costing $75,000 or more.’  The state also requires 700 hours of special training in subjects like hair coloring, facials and manicuring.”

http://watchdog.org/190793/nevada-occupational-licensing-laws/

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Green Cab v. City of Bowling Green

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“Bowling Green makes it impossible to start a taxi company. Not figuratively impossible—the problem is not that its requirements for insurance or driver qualifications are too onerous. Literally impossible: City law says only 16 taxi permits are allowed in Bowling Green, and it is illegal to issue any more. To make matters worse, the city government owns almost half of them (even though it does not run a taxi service, but only a shuttle service). Bowling Green’s taxicab cap prohibits Green Cab, or any newcomer, from offering taxi services to the public—and, as a direct result, Bowling Green simply lacks the kind of on-demand taxi service that Green Cab so effectively offers in Athens.”

https://www.ij.org/bowling-green-taxis

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Texas repeals regulations on hair braiding

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“Three decades into her career as a hair braider, Isis Brantley has struggled with lawsuits and regulatory hurdles. Once, she was even arrested, she says.  But on Monday she moved over to the right side of the law. Gov. Greg Abbott signed a bill lifting regulations on hair braiding in Texas. And Brantley was honored at the signing ceremony as a key reason for the change.  The legislation, House Bill 2717, would exempt hair braiders like Brantley from obtaining a cosmetology license to run a braiding business. Prior to its passage, state law required that braiders meet the same training and facilities requirements as barbers and cosmetologists — even though braiders don’t use any chemicals or tools.”

http://www.rawstory.com/2015/06/texas-repeals-regulations-on-hair-braiding/

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Kenya, home to Africa’s ‘Silicon Valley’, is set to be the continent’s tech hub

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“Dubbed ‘Silicon Savannah’, this is an area in Kenya that has attracted a range of tech start-ups and venture capital firms. International tech giants such as Google, Intel, Nokia and Microsoft have sites in Nairobi and IBM has recently opened a new tower block, the IBM Innovation Centre, which is the company’s first research lab in Africa.   Furthermore, in Konza, 60 kilometres away from Nairobi, construction of a new techno-city is planned. These investments are clear votes in confidence in Kenya’s status as a globally-recognised hub for technology and innovation.  Kenya’s technology services sector has grown from £11m in 2002 to more than £300 million in 2013.”

http://mgafrica.com/article/2015-02-19-why-kenya-is-africas-tech-hub

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Jeffrey Tucker: Who Will Lose in the War on Contractors?

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“The haters of the sharing economy are rallying around a plan for destroying the most spectacular ad innovative sector of modern economic life.  The hint came from a speech by Hillary Clinton at the New School in which she suggested that current ‘contractors’ be redefined as ’employees.’ According to her, this means that the workers can then enjoy new human rights, as if by magic. Hillary’s comments amount to a cloud no bigger than a man’s hand. She was speaking for the entire cabal of special interests who dream of crushing innovation.  Hillary poses as a spokesperson for the worker. What it actually means for employment is that many will be out of a job.”

http://fee.org/anythingpeaceful/detail/whats-at-stake-in-the-war-on-contractors

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The NSA Playset: Espionage tools for the rest of us

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“When Der Spiegel and Jacob Appelbaum published leaked pages of the National Security Agency’s ANT Catalog—the collection of tools and software created for NSA’s Tailored Access Operations (TAO) division—it triggered shock, awe, and a range of other emotions around the world. Among some hardware hackers and security researchers, it triggered something else, too—a desire to replicate the capabilities of TAO’s toolbox to conduct research on how the same approaches might be used by other adversaries.  The NSA Playset project has done just that. The collection boasts over a dozen devices that put the power of the NSA’s TAO into the hands of researchers.”

http://arstechnica.com/information-technology/2015/08/the-nsa-playset-espionage-tools-for-the-rest-of-us/

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Liberland: utopian tax-free micronation or state of mind?

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“Tucked away on the banks of the Danube is the tiny, would-be country of Liberland. The former Czech politician who declared himself its founder and president says it is a legitimate and viable state and is pushing for international recognition. But Vit Jedlicka is facing tough opposition fromSerbia and Croatia, who have been in dispute over the territory since the break-up of the former Yugoslavia.  Undeterred, Jedlicka has been issuing Liberland passports and appointing ambassadors in his quest to carve out a new nation in the Balkans. He has even set up a national airline.”

http://www.euronews.com/2015/07/22/liberland-utopian-tax-free-micronation-or-state-of-mind/

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Inside ‘Liberland,’ the Place of No Taxes Where Crowdfunding Rules

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“Liberland, or the Free Republic of Liberland to give it its full title, is a would-be sovereign state founded April 13 by Vit Jedlicka and two fellow libertarians. Its total area of approximately seven square kilometers would make it the third smallest sovereign state in the world, after the Vatican and Monaco. It’s sandwiched between Croatia and Serbia on the western bank of the Danube River. The objective is to build a country where honest people can prosper with minimal interference from a centralized government. All taxes will be voluntary, and the nation’s services – such as power, healthcare and waste disposal – will be run either by private enterprises or through crowdfunding campaigns.”

http://www.bloomberg.com/news/articles/2015-07-21/inside-liberland-the-place-of-no-taxes-where-crowdfunding-rules

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You May Soon Get Bitcoin-Bought Cannabis Delivered by Drone

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“A company near San Francisco has come up with a novel way to deliver bitcoin-purchased marijuana, via drone.  Trees, which claims to sell the ‘highest quality’ medicinal cannabis to people holding a medical recommendation, accepts payments in bitcoin alongside traditional payment methods such as cash, online bank transfer and credit cards.  A spokesperson for the company confirmed that drone deliveries were not currently available, due to local regulations. The drone delivery option, the spokesperson said, would be rolled-out in the future if and when the regulation around the flying devices settled.”

http://www.coindesk.com/drone-delivers-bitcoin-purchased-cannabis-in-california/

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