Tag Archives: transaction

Crypto Argument Falls Flat

The Wall Street Journal ran a debate on whether there is a need for cryptocurrency. The “pro” side of the argument claimed that people in unstable countries with unstable fiat currency could use Bitcoin as their stable money. That argument … Continue reading

Posted in balance, Banking, Banks, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , | Leave a comment

Blockchain To Be Tested For International Money Transfers

One of the major problems with Bitcoin is executing a transaction. The Bitcoin exchanges are slow (up to an hour or more) and costly (~$30). According to a press release, Ripple has a blockchain transaction mechanism called the XRP Ledger … Continue reading

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

Old Kodak Becomes Cryto-Star

Kodak shares screamed up 119% yesterday after announcing at the Consumer Electronics show in Las Vegas that it intends to do an Initial Coin Offering to raise up to $20 million create Kodak Coins on the Ethereum blockchain that will … Continue reading

Posted in accredited investor, Banking, Banks, 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, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Court Says Bitcoin Is Not Money

What’s a bitcoin? Apparently, it’s not money, according to a Florida court that acquitted a guy on a money laundering charge. Although you can turn it into cash, the IRS says that bitcoin is actually property while the Commodities Futures … Continue reading

Posted in Banking, Banks, checkbook, Congress, Department of the Treasury, deposits, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment