Entrepreneurship

The Politics Of Bitcoin Mixing Services

"The emergence of services that mingle bitcoin for the purpose of returning bitcoin not associated with the original input address has had a somewhat spotty history. Also called bitcoin laundries, these web-based services charge bitcoin holders a nominal fee to receive different bitcoins than the ones initially transferred. The largest such service operating today is the Blockchain.info mixing service which has a maximum transaction size of 250 bitcoins and a 0.5% transaction fee. Other services include BitLaundry and The Bitcoin Laundry operated by Mike Gogulski." Continue reading →

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Run4Guns In Utah. It Annoys Gun Control Advocates.

"A pro-gun group in Utah is organizing an event to be held this September: Run4Guns. Residents are invited to strap on a holster and a pistol, and then join the fun. The event will be held in Spanish Fork. Promoters are heralding this as the nation’s first open carry run. There will be a 3.1 mile race. Additionally, there will be a half-mile 'armed dash.' Proceeds from the event will go toward victims of gun violence. this is a nice touch. It makes it difficult for the anti-gun brigade to complain. But difficult does not mean impossible." Continue reading →

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Dutch court finds six coffee shop owners guilty of selling cannabis to non-residents

"A Dutch court on Wednesday fined six coffee shop owners and workers for selling cannabis to non-residents, in a victory for Dutch authorities’ fight against drug tourism. Prosecutors had sought up to one-month suspended jail terms for the owners and staff of cannabis cafes in Maastricht for selling pot to foreign non-residents in defiance of a controversial law. The court was relatively lenient as the coffee shops had deliberately flouted the law because they hoped the case would set a legal precedent in their favour, arguing that the residence criterion was unconstitutional." Continue reading →

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Government’s Spirit-Crushing Hatred Of Lemonade

"Traditional civil liberties such as freedom of speech and freedom of religion ultimately rest on an individual's ability to exercise the right of economic ownership over his or her own body. To attack economic rights is to attack civil liberties. And it is not funny when police with guns close down a 4-year-old's lemonade stand. It is damned frightening." Continue reading →

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Regulation Means The Bitcoin Gold Rush Will Not Happen In The US, Say Experts

"Europe is better positioned as a better place to create Bitcoin-based startups than the US. That was the message coming out of Bitcoin London today, the first major conference in London to cover startups, investors and business models. Covering the broad sweep of Bitcoin businesses, technologists and institutions, the conference heard that the US may have made a fatal strategic mistake in classifying Bitcoin as if it were money. Bitcoin is being treated in many different ways: as money, as an asset class, as the first highly secure P2P global information exchange, as a technology platform and even as a if it were a startup entity in its own right." Continue reading →

Continue ReadingRegulation Means The Bitcoin Gold Rush Will Not Happen In The US, Say Experts

Gold price falls fuel ‘record’ bullion sales at UK’s biggest internet gold dealer

"BullionByPost said its sales hit £87m in the year to April, presenting a rise of 58pc on the previous year. Founder Rob Halliday-Stein said the plunge in the price had increased enthusiasm, describing Friday as a 'record' day with over £1m sales. 'For every seller, there’s a buyer,' he said. 'The sellers tend to be big and fast and the buyers smaller and slower. The reason they are buying has not changed - it is because they are worried about the medium to long term outlook for the economy, and QE.' He set up the internet delivery business in 2008 after he found it difficult to buy physical gold after inheriting money following the death of his mother." Continue reading →

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Humorless Ohio AG mugs ‘prescription’ coffee cup

"Has Ohio Attorney General Mike DeWine helped get a potentially dangerous product off the shelves or does he just have no sense of humor? Maybe he should be heeding Alcoholics Anonymous’ famous Rule No. 62: 'don’t take yourself too damn seriously.' Here’s the issue: does a coffee mug that mimics a prescription bottle and says 'Prescription Coffee, RX#: VRY-CAF-N8D, Drink one mug by mouth, repeat until awake and alert' make fun of prescription drug abuse? DeWine thinks so. May was when DeWine and 22 other state attorneys general asked the company to pull the Prescription Line of glasses, coasters, mugs and drink holders." Continue reading →

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Missouri woman faces jail for recycling tires into flower planters

"A Missouri woman says that she is prepared to go to jail after authorities in Sugar Creek threatened her over a recycling project that turns tires into flower planters. 'I was just really interested in recycling and I’m really big on self-sufficiency,' she explained. Sugar Creek, however, claimed the number of tires she was storing could attract mosquitos and lower property values. Shelton was issued a citation, but she said she was refusing to pay the fine based on principle." Continue reading →

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