Tag Archives: Entrepreneurship

Wall Street’s Fair Value of Bitcoin – Inside Bitcoins NYC 2014

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“An increasing number of Wall Street firms are beginning to make make forecasts about the price and impact of Bitcoin. From Merrill Lynch’s 14 page research report that implied a fair value of $1,300 for Bitcoin, to Wedbush Securities prediction that Bitcoin represents a long term threat to Visa and MasterCard, Wall Street is taking notice. Thought leaders from Wall Street will discuss the new frameworks they’re developing to understand Bitcoin, the potential value of the crypto currency, and the global impact they’re telling clients that Bitcoin could have across the global financial, technological, and consumer landscape.”

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Megaupload founder wants official cryptocurrency

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“The Internet Party, an unregistered political party in New Zealand founded by German-Finnish entrepreneur Kim Dotcom, earlier this year, has made clear that, along with cheaper internet and more tech jobs, the party wants to introduce a cryptocurrency for international transactions that would work in parallel with the existing New Zealand dollar.  The Internet Party’s proposed cryptocurrency would be ‘safe, secure and encrypted, providing for instant international transactions at minimal cost,’ according to the party’s website.  Vikram Kumar, Chief Executive of the Internet Party, said that the proposed currency would not be outside of the New Zealand tax system.”

http://cointelegraph.com/post/megaupload_founder_wants_official_cryptocurrency

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Canada’s first public pot company has shipment seized by RCMP

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“Tweed Marijuana Inc. became the first publicly traded medical pot company in Canada on Friday, but behind the scenes the Ontario production facility has apparently been searching for answers after a run-in with the law.  On Monday, the company was hoping to beef up its stock with a shipment of medical marijuana products that it says it acquired from B.C. growers who had previously been licensed to grow their marijuana at home.  Even though the company had received Health Canada’s approval to import such products, the Mounties, who the company said it had invited to inspect the shipment, ended up seizing it at the Kelowna International Airport.”

http://news.nationalpost.com/2014/04/04/canadas-first-publicly-traded-marijuana-company-has-rough-first-day-when-pot-shipment-seized-by-rcmp/

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The Bitcoin Phenomenon – Bitcoin Documentary

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http://vimeo.com/89806675

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New bitcoin debit card claims to work with 90 percent of US ATMs

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“Bitcoiners may soon have a new way to use their cryptocurrency in the real world: the Cryptex Card, a new global bitcoin-to-cash ATM and debit card. The Hong-Kong based startup announced on Monday that it will begin shipping its cards in the next four to six weeks.  The Cryptex Card works like this: instead of buying products directly with bitcoin, the cardholder sends bitcoin to an address linked with the card, which converts it to cash. The card can then be used to withdraw money at more than 90 percent of U.S. ATMs or at certain ATMs in 80 countries. The cards are tied to Chinese card provider Union Pay, which lets the debit card work anywhere Discover cards are accepted.”

http://gigaom.com/2014/04/07/new-bitcoin-debit-card-claims-to-work-with-90-percent-of-us-atms/

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Irish Company Now Paying Employees’ Salaries in Bitcoin

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“An Irish company has begun paying its employees’ salaries in bitcoin.  Dublin-based electronic repairs firm GSM Solutions, which hosts Ireland’s first bitcoin ATM, is now paying five of its employees partly in bitcoin instead of euros.  ‘We set salaries in euros, so that the euro amount they get each pay period does not fluctuate with the price of bitcoin,’ said GSM Solutions’ Managing Director Alan Donohoe in a blogpost.  Tony Vaughn, a small town sheriff from Kentucky, became the first US government employee to be paid in bitcoin.  GSM says it hopes to convert the rest of its employees to bitcoin by the end of the year.”

http://www.coindesk.com/irish-company-now-paying-employees-salaries-bitcoin/

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Cities to Carpoolers: Sharing Your Car is Illegal, We Will Seize Your Car

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“The U.S. isn’t exactly a ‘free market’, with outright bribery — condoned by the U.S. judicial system — or collusive public-private cartels leading to some products and services being banned from the market.  Just ask Tesla Motors Inc. (TSLA) whose electric vehicles have been banned from sale in many states.  That debacle arose due to the fact that Tesla has no dealerships and fearful dealership lobbyists banded together to pay off state politicians to ban direct auto sales. Now the same principle is being applied to stymie the emergency of another set of companies in the transportation sector — cloud-driven ride-sharing services.”

http://www.dailytech.com/Cities+to+Carpoolers+Sharing+Your+Car+is+Illegal+We+Will+Seize+Your+Cars/article34659.htm

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One Cyber Brick at a Time

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“I gingerly handed over my hard-earned money to a couple of spam scammers who quickly disappeared.  I also managed to lose two websites to guys who assured me that their companies were established concerns that had been in business since Marconi invented the radio.  It wasn’t until I settled down, rolled up my sleeves, connected with some legitimate people, and focused on growing my business that success started coming my way.  I discovered that not being on one of the earlier Internet trains didn’t matter.  It was an advantage, because the Internet is like any other technology in that, over time, it becomes easier and easier … and less and less expensive.”

http://robertringer.com/one-cyber-brick-at-a-time/

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Interview with finance guru, entrepreneur Jeff Berwick

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“I personally save a percentage of the profits of all my Bitcoin revenue I receive with no plans to sell.  I have been offering every product that my companies offer for Bitcoin for three years now so I have been constantly squirreling away bitcoins.  We have sold passports, offshore bank accounts and corporations, newsletter subscriptions to TDV and even condos that I offer through my company in Acapulco, AcaCondos and rentals at my hotel in Acapulco, Las Torres Gemelas Private Suites for bitcoins and as I stated my strategy is to keep a large percentage of my profit on those transactions in Bitcoin.”

http://cointelegraph.com/post/interview_with_finance_guru_entrepreneur_jeff_berwick

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Australian Manufacturer Debuts First Cashless Bitcoin ATM

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“An Australian company says it has produced one of bitcoin’s holy grails: a cashless ATM that allows users to buy bitcoins using a credit card, and sell bitcoins via a direct deposit to their bank account.  The first fully functional Diamond Circle ATM arrived from its manufacturer in Brisbane this week. Unlike competing ATMs and vending machines that rely on QR codes and cash, Diamond Circle’s solution is based on near-field communication (NFC) technology with paper receipt backups.  This unique approach is the brainchild of CEO Stephen Rowlison, a seasoned FinTech (financial technology) entrepreneur with 30 years of IT experience in Australia, Asia and the US.”

http://www.coindesk.com/australias-diamond-circle-has-cashless-bitcoin-atm-chip-wallets/

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