Entrepreneurship – Page 52

CoinLab: new brands will be built around Bitcoin technology

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"One thing humans don't know how to do is shut down peer to peer networks. We don't have the technology. Generally it's the case governments are understanding, but if you start crushing all the good [Bitcoin businesses] you'll push this underground. I see a world in which governments can set the price.You could stop good exchanges, but it would be hard to stop secret ones. It's so fast and so easy to use, the right thing to do is to build a good ecosystem. There may be a country that doesn't want to deal with it, but citizens will keep using it." Continue reading →

Chinese investors go crazy for Bitcoin

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"A BTC craze is sweeping China, as hundreds start to invest and trade large amounts of the virtual currency Bitcoin. The craze has given birth to a huge industrial chain, covering trading, mining, chip production and mining-machine assembly. Bitcoin transactions are secured by servers called bitcoin miners but based on the huge surge in demand for the currency, Bitcoin mining machines are in short supply. According to Tencent, there are two Chinese mining teams capable of processing large amounts of Bitcoin transactions. Figures show that China now boasts the most number of BTC nodes, which help control the computing power of the Bitcoin netweek, at 85,220." Continue reading →

Bitcoin: how I made a virtual fortune

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"I think I probably got the IPO price a bit wrong since the 20,000 shares I listed sold out in a matter of hours. We raised a total of 15,667 Litecoins in exchange for 20% of CipherMine's shares; about £27,700 at current prices. We are in the process of investing that money into more mining hardware, but in the meantime, our share price has continued to rise. As I write this, under a week later, the shares are being actively traded at about 1.6 Litecoins each; double the IPO value. CipherMine's market capitalisation currently stands at roughly 150,000 Litecoins, or about £250,000, of which 64% was mine at IPO." Continue reading →

Winklevoss Twins File to Launch Bitcoin Exchange-Traded Product

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"Here’s one of the more interesting S-1 filings of the year. In a filing with the SEC, the Winklevoss Bitcoin Trust, headed by Cameron and Tyler Winklevoss, said it will sell around $20 million worth of shares, which will each represent a fraction of a single bitcoin, the digital currency the twins have invested in. Bitcoin has become the best known virtual currencies since its release in 2009. The currency was created by a person or group known as Satoshi Nakamoto (whose true identity is unknown) and is primarily used by online merchants, though some mostly smaller brick-and-mortar retailers have recently begun to accept bitcoins for payment." Continue reading →

Gun-maker airlifts 20,000 extended magazines into Colorado ahead of ban

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"Gun-maker Magpul airlifted thousands of extended assault rifle magazines into a Colorado gun show on Saturday, giving away 1,500 and putting the rest up for sale just 24 hours before a new law takes effect that makes the magazines illegal across the state. The event, 'A Farewell to Arms,' attracted over 3,000 gun enthusiasts who received free extended magazines with their purchases, according to CBS Denver. An additional 18,500 magazines were designated to be sold at discount, with the proceeds going to benefit a pro-gun group calling itself 'Free Colorado.'" Continue reading →

Jobless Greek youth find innovative ways to make a living

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Jobless Greek youth find innovative ways to make a living

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"For many, mass migration or further education have been the answer. Rapti is among those who do not want to join the exodus that has already seen about 120,000 young professionals emigrate – mostly to Germany and other countries in the eurozone’s wealthier north but also as far as away as Australia, Canada and the US. But force of circumstance has pushed growing numbers to think outside the box. Exploiting their flair for enterprise and entrepreneurship – a spirit doused by decades of dependence on state largesse – young Greeks are also behind an explosion of bars and restaurants nationwide, but especially in Athens." Continue reading →

Unique institute unites capitalists who want to save the world

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Unique institute unites capitalists who want to save the world

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"The Unreasonable Institute, founded by University of Colorado graduates Teju Ravilochan and Daniel Epstein in this college town at the foot of the Rocky Mountains, is an attempt to solve real-world problems by linking innovative thinkers from around the world. Entrepreneurs wanting to join the camp submit written applications and go through a series of interviews. Successful applicants pay $10,000 for a single and $12,000 for a pair to take part. The institute helps participants raise the fee through crowd-sourcing and the support of donors like Hewlett-Packard and Vodafone." Continue reading →

Dentists vs. Smiles

Post author:The Freedom Watch Staff
Post published:July 1, 2013
Post category:Network Archives

"Everyone wants an attractive smile, which is why teeth whitening is a rapidly growing industry. But thanks to lobbying by licensed dentists, Alabama—like a growing number of states—has made it a crime to sell teeth-whitening products, even if customers apply those products to their own teeth. Alabama is not the only state to shut down non-dentist teeth whiteners. In 2011, the Connecticut State Dental Commission outlawed the practice. In fact, at least 30 states have tried to shut down teeth-whitening entrepreneurs either through new statutes and regulations or through new interpretations of existing statutes." Continue reading →