Category Archives: Congress

In A First, Fiat Currency Tied To A Cryptocurrency

A sign of desperation or genius? Venezuela’s President Maduro, who is fighting against hyperinflation, has just done a major financial flip by tying the country’s fiat currency to the value of its “Petro” cryptocurrency. (Most “stable” cryptocurrencies are tied to … Continue reading

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Total Collapse of Crytocurrencies Coming?

Is this the canary in the coal mine? This could be the early warning of the total collapse of cryptocurrencies. Nvidia, the leading chip maker for computers that mine cryptocurrencies said in an earnings call: “Our revenue outlook had anticipated … Continue reading

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Cannabis Goes Legit

Although you would have expected it to come from the tobacco industry, the Fortune 500 is now getting deep into marijuana. Constellation Brands, the purveyor of wines and Corona Beer, according to the Wall Street Journal, “will spend 5.08 billion … Continue reading

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Crypto Scams Continue Apace

Cryptocurrency publications are noting that “exit scams” are continuing to cost investors significant coin. The linked website (below) notes a fintech analysis that these frauds have stolen over $96 million, with about $67 million taken in the past 2 weeks. … Continue reading

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Crypto Bank Questioned

There are about $216 Billion worth of cryptocurrencies in circulation (according to the Wall Street Journal) and of that, about $3 Billion is in the cryptocoin Tether. A major reason for this is that Tether claims to be backed by … Continue reading

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Alt-Right Sites Help Crowdfunders, Others

If you think that the Silicon Valley liberals are overreaching, then there are alternatives to go to. For example, if Kickstarter has banned your product, crowdfund on Hatreon. Other alternative sites, catering primarily to “right minded” folks include: Real(dot)Video that … Continue reading

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Altruism Pushes Crowdfunders Over Their Target

Two researchers have uncovered the psychology to crowdfunding. A paper from the UCLA Anderson School notes that as the crowdfunding campaign nears its targeted goal, the herding mentality of investors is initiated (play with the winner) and risk of failure … Continue reading

Posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment