Tag Archives: Entrepreneurship

Mt Gox CEO Mark Karpeles Arrested in Japan

Posted on by

“Police arrested Mt Gox CEO Mark Karpeles today in Japan on allegations that he manipulated volume on the then-market leading bitcoin exchange platform prior to its 2014 collapse.  The formal action from the Tokyo Metropolitan Police follows escalating reports this week that Karpeles was facing criminal charges for fraud and embezzlement, and comes more than a year after Mt Gox first filed for bankruptcy protection in the US and Japan.  The news source stated that Karpeles has not yet been charged with any crimes, meaning he could be detained for up to 23 days before a formal charge without the possibility of bail.”

http://www.coindesk.com/mt-gox-ceo-mark-karpeles-arrested-in-japan/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

ShapeShift Raises $525k, Reveals Erik Voorhees as Creator

Posted on by

“The Swiss-based platform, which lets users swap between 25 digital currencies and tokens, differs from traditional exchanges in that it operates without user accounts and requires no form of registration.  As part of the funding announcement, entrepreneur Erik Voorhees has come forward as ShapeShift’s creator and CEO, having operated under the alias Beorn Gonthier – a reference to J R R Tolkein’s own shapeshifter – since its launch in 2013.  According to Voorhees, the $525,000 will go towards improvements to the exchange engine, as well as marketing and legal work in Switzerland, the company’s base. The ShapeShift team now includes eight full-time staffers, including four developers.”

http://www.coindesk.com/shapeshift-raises-525k-reveals-erik-voorhees-as-creator/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Overstock Unveils Blockchain Trading Platform at Nasdaq Event

Posted on by

“Patrick Byrne, CEO of US online retailer Overstock.com, unveiled tØ today at the headquarters of the major US stock market Nasdaq in New York today.  The announcement marked the formal debut of tØ (pronounced tee-zero), Overstock‘s long awaited blockchain-based private and public equities trading platform first announced in 2014.  Byrne also unveiled a ‘big surprise’ in the form of the platform’s Preborrow Assured Token, which Byrne suggested would democratize securities lending. The product, he said, is already being used in an enterprise pilot program, and is the subject of interest by major banks.”

http://www.coindesk.com/overstock-unveils-blockchain-trading-platform-to/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Xapo Moves to Switzerland Citing Customer Privacy Concerns

Posted on by

“The bitcoin services and security firm said the transition was put in motion three months ago at the request of customers, and that now, Xapo‘s operations in Palo Alto are in the process of being reduced. As part of the transition, Xapo will hire new finance and legal staff in the central European nation while still keeping a small US presence.  Xapo moved its deep cold storage vault servers to an unspecified location in the European nation in January, but continued to face pressure from customers for more privacy guarantees, Casares said.  ‘We decided to do what they had been asking us to do for a while, move our main company to Switzerland and benefit from the safeguards,’ Casares explained.”

http://www.coindesk.com/xapo-switzerland-privacy-concerns/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Clinton’s Startup Tax Will Crush New Businesses

Posted on by

“Hillary Clinton has announced that she will, if elected, raise the capital-gains tax to a maximum that equals the highest income tax bracket. She hopes to promote long-term investments by penalizing short-term ones with a tax rate that gets lower the longer an investment is held, reaching the current 20% rate only after six years.  This, Ms. Clinton says, would allow a CEO to focus on the company’s true interests rather than just making the next quarter. It is, unfortunately, exactly the sort of plan you would expect from someone who has never started a company — and who doesn’t seem to know anyone who has.”

http://fee.org/anythingpeaceful/detail/clintons-startup-tax-will-crush-new-businesses

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

How Life Finds a Way in the Regulatory State

Posted on by

“Instead of calling it the sharing economy, perhaps a better name for these phenomena might be the ‘gap economy’ — the economy that grows like a weed in the interstices of regulated markets and incumbent cartels. In an interventionist, mixed economy, it’s not hard to find examples of both ‘differentiation from generality’ and ‘life finds a way.’ It’s in the spaces left free from arbitrary government constraint and meddling where the ingenuity and resourcefulness of ordinary people are comparatively free to do extraordinary things.”

http://fee.org/freeman/detail/how-life-finds-a-way-in-the-regulatory-state

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Skype Co-founder Funds Blockchain Based Startup Marketplace

Posted on by

“Funderbeam, an Estonian company that offers data-intelligence on startups for angel investors, has announced it will launch a blockchain based trading platform for startup-investment. By doing so, the company that is – among others – funded by Skype co-founder Jaan Tallinn sets out to create liquidity in the startup marketplace.  Using colored coins, all members of a syndicate will own a digital representation of their stake in that syndicate. These stakes are then immediately tradable on Funderbeam’s blockchain based market platform. As such, backers can for instance sell their share once they have made a decent return – or if they want to cut their losses.”

http://cointelegraph.com/news/115007/skype-co-founder-funds-blockchain-based-startup-marketplace

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

American Entrepreneurship: Dead or Alive?

Posted on by

“The U.S. now ranks not first, not second, not third, but 12th among developed nations in terms of business startup activity. Countries such as Hungary, Denmark, Finland, New Zealand, Sweden, Israel and Italy all have higher startup rates than America does.  You never see it mentioned in the media, nor hear from a politician that, for the first time in 35 years, American business deaths now outnumber business births.  The U.S. Census Bureau reports that the total number of new business startups and business closures per year — the birth and death rates of American companies — have crossed for the first time since the measurement began.”

http://www.gallup.com/businessjournal/180431/american-entrepreneurship-dead-alive.aspx

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Uberocracy: How the Sharing Economy Changes Politics

Posted on by

“Uber’s request that drivers keep working in areas where the service is illegal is a sign that they know people want the service. The fact that people keep using the service while it is illegal shows that entrepreneurship outpaces politics. While they are technically engaged in civil disobedience, users likely neither care nor know the legal status of the services.  Airbnb hosts rent out their apartments against the terms of their leases. They probably violate some hospitality regulations in their cities. They don’t really care. The experience is so positive that both hosts and users win.  What makes this entrepreneurship new is that the barrier to entry is so low for somebody to engage in the exchange.”

https://medium.com/life-learning/uberocracy-how-the-new-entrepreneurship-changes-politics-99bc515e31b0

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Who Is Building the Private, Peer-to-Peer Marketplace?

Posted on by

“Online commerce today is mostly centralized; companies own websites where users visit to buy and sell things. Those companies charge fees, monitor their users’ data, and censor their transactions based on their own rules and on behalf of the government.  OpenBazaar is different. Instead of relying on a centralized third party, trades occur directly between buyers and sellers. Users install peer-to-peer software on their computers, similar to bitcoin or BitTorrent, and this connects them to other users running the same software. They transact in bitcoin. Since there’s no middleman, there are no fees, no collection of data, and no censorship of trade.”

http://fee.org/freeman/detail/who-is-building-the-private-peer-to-peer-marketplace

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet