Tag Archives: Entrepreneurship

Feds Begin Their Crackdown on Bitcoin Stocks

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“If 2013 was the year that Federal agencies locked horns with bitcoin, the currency, 2014 is the year that they’re learning about bitcoin the fundraising mechanism. The current, technically interesting, bitcoin fundraising bubble, began when Mastercoin built a way of extending bitcoin’s blockchain so it can do a whole range of new things such as issuing brand new currencies and registering bets or contracts. Mastercoin, Ethereum and MaidSafe are essentially software startups that are pre-funded by selling their new digital currencies in advance.  The question is whether federal regulators will see this as an equity offering or instead something like the pre-sale of a video game.”

http://www.wired.com/2014/11/crypto-ipos/

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Would you like being paid in gold? It’s possible… in Singapore

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“The fact that that being paid in gold likely sounds crazy to most of your friends and neighbors suggests something is seriously wrong with the western economy you live in.  But down in Singapore, one company is doing just that.  My friend Torgny Persson at Bullionstar now offers his employees the chance to be paid directly in gold, whether that means conveniently stored in their high-security vault or taking physical possession.  Bullionstar is the first company in Singapore – the world’s second freest economy – to pay its workers in gold, and the idea seems to be catching on.  It’s good news for gold lovers and for the future of emerging continents like Asia.”

http://nomadcapitalist.com/2014/11/12/being-paid-in-gold-singapore/

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Judge upholds Liberty Dollar founder’s conviction, schedules sentencing

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“The federal judge in the Liberty Dollar counterfeiting case from North Carolina today upheld the jury’s March 2011 conviction of the alternative currency system’s founder, Bernard von NotHaus. (For an account of von NotHaus’ conviction, see: http://www.gata.org/node/9715.)  The judge scheduled von NotHaus to be sentenced in December.  Since the Liberty Dollar case seems to have involved a political challenge to federal currency law more than a serious counterfeiting scheme, and since the U.S. government already has seized all of Liberty Dollar’s assets, it may be hard to see the need to imprison von NotHaus.”

http://news.goldseek.com/GATA/1415649749.php

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Inside a Chinese Bitcoin Mine

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“The first thing you notice as you approach the warehouse is the noise. It begins as soon as you step out of the car, at which point it sounds like massive swarm of angry bees droning away somewhere off in the distance. As you step through the doors it becomes a deafening and steady roar; a combination of tens of thousands of tiny ASIC chips hashing away, and dozens of large industrial fans serving to cool down the ‘workers’. The next thing that hits you as you enter is the wind. The deeper into the building I walked, the more powerful the gust became, coming from behind me and rushing past, across the giant warehouse floor full of machines.”

http://www.thecoinsman.com/2014/08/bitcoin/inside-chinese-bitcoin-mine/

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Live Like You’re Free

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“You have been born into a time when you can communicate with thousands of people in an instant, people who share your interests and concerns. You can leave town for the weekend and see things daily that your ancestors could not possibly have imagined. Your job is almost certainly less physically taxing than any job any person who lived prior ever had. Statistically, you are likely to live longer and better than anyone born before you. Entrepreneurs are busy creating and popularizing some of the first tools in history that are more useful for undermining coercion than for furthering it. Freedom is expanding daily in ways our predecessors could hardly have dreamed.”

http://fee.org/the_freeman/detail/live-like-youre-free

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Can Free Zones in the Middle of the Jungle Save the Developing World?

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“Honduras is one of the poorest countries in Latin America. It has the highest murder rate in the world by double. It’s a place ravaged by the illegal drug trade and political instability. As recently as 2009 the military ousted a president pushing to modify the constitution in order to extend his own term. It may seem like the last place on earth where businesses would want to invest, or where people would want to move.   But there’s a new idea about to be tried in Honduras.  Some call it a Startup City or Free City, others a LEAP Zone, and in Honduran law it’s known as a ZEDE. They are politically autonomous, privately run zones that supporters believe could transform the entire developing world.”

http://reason.com/blog/2014/08/21/can-free-zones-in-the-middle-of-the-jung

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PayPal’s Braintree Embraces Bitcoin, One-Touch Payments

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“Nearly a year after PayPal acquired it in an all-cash $800 million deal, online and mobile payments platform Braintree is unveiling one-touch payments and is integrating Bitcoin.  They’re partnering with Y Combinator and Andreessen Horowitz-backed Coinbase to enable Bitcoin-based payments.  ‘This is PayPal making a move to embrace Bitcoin,’ Ready said, pointing out that Braintree is the go-to developer platform for PayPal.   Developers who have integrated Braintree’s software development kit will also be able to add Bitcoin to their payment methods. The integration will support instant exchanges, meaning that the merchant doesn’t have to handle Bitcoin directly.”

http://techcrunch.com/2014/09/08/paypal-braintree/

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Jeffrey Tucker: Why Imagining Freedom Is Essential

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“My whole experience suggests that personal inspiration is the ingredient lacking in the current generation of people who have come to love liberty. They have access to texts, knowledge, and theory as never before in human history. What they lack is a method for using what they know and the personal drive to do so. People are too quick to blame outside forces for failure without realizing that outside forces conspiring against progress are part of the structure of all environments in all times and places. This book provides that missing element, that key to brush away despair and unlock the inner drive to make a difference.”

http://tucker.liberty.me/2014/06/08/imagining_freedom/

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Dominica Will Be First Nation with Universal Bitcoin Possession

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“For the first time in history, an entire national population will have the cryptocurrency bitcoin in their hands for use: the people of Dominica, an island republic in the middle of the Caribbean. An event to mark the occasion will be held in March 2015, thanks to the goodwill of local authorities and a collaborative initiative from Coinapult, Aspen Assurance, Bitcoin Beauties, and the College Cryptocurrency Network (CCN).  The initiative, known as ‘Let the Bit Drop,’ will send a small of amount of bitcoin to every island resident via text message. This effort will turn Dominica, and its more than 70,000 residents, into the most densely concentrated bitcoin community in the world.”

http://panampost.com/belen-marty/2014/08/28/dominica-will-be-first-nation-with-universal-bitcoin-possession/

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Doug Casey on His Favorite Place in the World

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“Having been to over 170 countries, Doug is by far the most well-traveled person whom I know. But it’s not just a contest of how many countries a person has been to. Doug’s unique and historically informed point of view is what really sets him apart.  Doug, of course, has thought long and hard about his favorite place in the world. He concluded that for him it’s Argentina, the location of La Estancia de Cafayate, Doug’s sporting and lifestyle estate in beautiful Salta Province.  Which naturally gives rise to the question, ‘Why, of all places in the world Doug could have built his vision of a freedom-lover’s paradise, did he and his partners choose a remote pueblo in Argentina?'”

http://www.internationalman.com/articles/doug-casey-on-his-favorite-place-in-the-world

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