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NOVEMBER 2017

The Internet of Tokens:

Gibraltar and The New Wealth of Nations As this column was written, Nov. 2, Bitcoin just reached the $7,000 milestone. Bitcoin was unleashed upon an unsuspecting world in January 4, 2009, when Hal Finney received 10 Bitcoin, then worth nothing, now enough to buy 10 houses in Detroit. The time in days between the different US $1,000 prices for Bitcoin give us a very succinct and unprecedented resume for a new money-technology hybrid.

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Bitcoin has been around for 3225 days or 8.85 years or 8 years 9 months 30 days. My, how you’ve grown for an eightyear-old. * 0$ to 1k$: 873 days by 1k$ to 2k$: 907 days ALEX LIGHTMAN 2k$ to 3k$: 56 days 3k$ to 4k$: 6 days 4K$ to 5k$: 45 days 5k$ to 6k$: 13 days 6k$ to 7k$: 4 days * From Arun Mukherjee (@Arunstockguru)

Bitcoin is unique in that it’s one of the few world leading technologies that was global from birth, and, since the authentic identity of Satoshi Nakamoto is a mystery, there isn’t a nation that can claim Bitcoin as its own. There are non-zero odds that Bitcoin is a product of National Security Agency’s cryptographers working with some expert con-

tractor help, so there is an argument that it’s American, but since no agency of the US government claims to have invented Bitcoin or Blockchain, there is low-hanging fruit for governments. Which nation will develop a reputation as the best place to do initial coin offerings or ICOs? These are also called “Token Generating Events”, especially in the US, out of terror that the use of the acronym ICO will annoy and attract the attention of the Securities and Exchange Commission...a bad sign because it indicates a level of superstition and rumor is operating, in the absence of a crystal clear policy regime for ICOs and TGEs. Which nations will be able to increase inbound capital via ICOs/TGEs? Which nations will be able to attract a critical mass of Blockchain-savvy companies to headquarter and invest in financial infrastructure?

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OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS

INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET OF TOKENS • INTERNET

ICO Crowd Magazine Issue 3  

The Gibraltar Blockchain Exchange, AIDAO, Quantstamp and much more...

ICO Crowd Magazine Issue 3  

The Gibraltar Blockchain Exchange, AIDAO, Quantstamp and much more...