Archive for the ‘blockchain’ Category.

Blockchain Investing 101

My latest article for Hackernoon expands on a previous article that I wrote for Forbes.

blockchain investment advice

The Fallacy that is Cryptocurrency

In his fundamental book, Money and the Mechanism of Exchange, English economist William Stanley Jevons explains that currencies address a central economic problem: the coincidence of wants. The phrase describes the conundrum inherent to barter where the parties of the transaction have to agree to sell and buy each other’s goods.The obvious challenge is the improbability of the wants, needs and events that would enable such a transaction occurring at the same time and the same place. In absence of this double coincidence of wants, the parties need to agree on an acceptable substitute: a medium of exchange. While Jevons included the latter function in his definition of money, his thinking was necessary informed by and limited to the technologies of his time.The following is a review of the definition of money, the state of currencies and their potential trajectory with consideration of current technologies, including blockchain-based solutions and so-called “cryptocurrencies”.

Complete article on Hacker Noon

crypto explained, blockchain VC

In the first federal decision finding that the U.S. Securities and Exchange Commission hasn’t shown a digital asset offered in an initial coin offering is a security, a judge in San Diego, CA has turned back a request from the SEC for a preliminary injunction against the backers of the Blockvest ICO.

U.S District Judge Gonzalo Curiel of the Southern District of California, who previously granted the SEC’s ex parte request for a temporary restraining order and froze the assets involved in the ICO, found Tuesday that the SEC couldn’t show that investors bought into the Blockvest offering with the expectation of making a profit from the efforts as others—part of the three-part “Howey” test for the definition of a security under the the 1946 U.S. Supreme Court decision in SEC v. W.J. Howey Co.

Full order can be found here.

Blockchain Interview on CEO Money TV

Interview for CEO Money TV

RideCoin to replace Uber and Lyft

RideCoin – a company formed by former Uber and Lyft engineers – is planning a $250 million ICO in October 2017. Insiders disclosed that already $20-$30 million tokens are spoken for by prominent investors – including some previously involved in

The model of the blockchain-powered ride-sharing platform will combine several aspects of the existing models but the company will eventually entirely owned by the actual drivers.