Australian (ASX) Stock Market Forum

Blockchains, cryptocurrencies and the future...

Personally, I'm investing in currencies that have a good technical background.
Ethereum - has a lot of technologies, Monero (it's a coin of the darknet, it will always live) and Emercoin - they develop blockchain for commercial companies. Personally, I'm interested in their
EmerDPO blockchain. Right now we are thinking about how to implement it in one of our products.
Anyway, it's your own choice how to play in investment games and how to choose which currency to invest
 
My previous was concerning currency profit disclosures to the ATO......

In my mind a major difference between the currencies and the technology. Too often for me the terminology gets intertwined unnecessarily.....sorta like cannabis (synthetic cannabinoid) stocks getting painted with marijuana terminology.

More than happy to invest, and keep on investing in blockchain - many are start-up punts and will fail, but that is a function of start-ups, not of blockchain.

(more than happy if peeps make profits in currency)
 
my concern is not the technology but the snake oil marketing under the disguise of an ICO. SEC is cracking down on questionable ICOs good on them,
What is an IPO, "I give you money and you carry an enterprise for profit" and ICO is no diff at the end of the day I am still risking money but an ICO only requires a white paper comapred to the cost and scrutiny of an IPO , so a s a consumer I am not pleased that in open daylight regulator's are not clamping down on this. I asked one particular ICO which seems to have a real business in gaming industry behind it and the answers are always evasive
 
The uber-libertarian fantasy of a world without lawyers, brokers and bankers just shows what a slim grip on reality they have.
Obviously you have bought the hype from those promoting this massive ponzi, be prepared to be disappointed when the future is not quite as they wish it to be.
LOL I agree specially the uber-libertarian fantasy... Next I dread to see unlicensed un insured UBER Hospitals, Aged care etc etc .. it is only an app!
We already had a debacle of a New Super with ref to millennial oh what a great on boarding process ooooh I am a millennial I dont care about real money risk or fees, I am just happy and orgasmic about the app itself . get on board get on board the rocket.... wake up people technology is one thing , smell the snake oil sales under the disguise of new technology ..
 
Seem to have bounced off some lows on a few coins. Any news of a trigger?
 
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.

Here is my invite link: https://initiativeq.com/invite/rB2yBzpoQ

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
 
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.

Here is my invite link: https://initiativeq.com/invite/rB2yBzpoQ

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.

Did a bit of search and registered.
 
These are the 2 leading brands of hardware wallets currently on the market -

Trezor - https://trezor.io/


Ledger Nano S - https://www.ledgerwallet.com/products/ledger-nano-s

I use both

Trezor just launched the Model T and the Trezor 2 is coming this year sometime

I made a typo in the above - Trezor model T and Model 2 are one and the same.

Ledger has just launched the Ledger Nano X - it is in pre order status at the moment.






Features

State-of-the-art Security

The Ledger Nano X offers state-of-the-art security: your private keys are safely isolated inside the device’s certified secure element (CC EAL5+), the same chip used in highly secure applications such as credit cards and passports.

Easy backup
Your crypto assets stay safe even if you lose your device. Simply use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on any Ledger device.

Simplicity
We designed the Ledger Nano X to be as intuitive as possible: 2 buttons, 1 screen, that’s all you need to control your device. Easily manage your transactions from your smartphone or computer with our Ledger Live PC & Mobile apps.

Mobility
The Ledger Nano X is bluetooth® enabled. Connect it to your smartphone with Ledger Live Mobile app and safely transact anywhere. All Bluetooth communications are encrypted end-to-end to protect against any security threat.

Multicurrency
The Ledger Nano X can store up to 100 applications at the same time, including Bitcoin, Ethereum, XRP and many more. Manage all your assets on the same device, at the same time.


My opinion - l'm not too sure if Bluetooth is a good idea. Broadcasting anything can be intercepted and interfered with - like changing a address that you are sending crypto to
 
As the first unit, this Bitcoin ATM is now available on Rixos Premium, a five-star hotel in the center of Jumeirah Beach Residence (JBR), Dubai. This location is very famous for some of the best tourist attractions in Dubai, such as the Dubai Eye, Dubai Marina Mall, and Mall of the Emirates.

With the enthusiasm of the community to welcome the presence of this Bitcoin ATM, it is estimated that Amhora will soon launch several more ATM units in other strategic locations soon.
 
 
SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering

FOR IMMEDIATE RELEASE​
2020-338​
Washington D.C., Dec. 22, 2020 —​
The Securities and Exchange Commission announced today that it has filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.​
According to the SEC's complaint, Ripple; Christian Larsen, the company's co-founder, executive chairman of its board, and former CEO; and Bradley Garlinghouse, the company's current CEO, raised capital to finance the company's business. The complaint alleges that Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities offering to investors in the U.S. and worldwide. Ripple also allegedly distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. According to the complaint, in addition to structuring and promoting the XRP sales used to finance the company's business, Larsen and Garlinghouse also effected personal unregistered sales of XRP totaling approximately $600 million. The complaint alleges that the defendants failed to register their offers and sales of XRP or satisfy any exemption from registration, in violation of the registration provisions of the federal securities laws.​
"Issuers seeking the benefits of a public offering, including access to retail investors, broad distribution and a secondary trading market, must comply with the federal securities laws that require registration of offerings unless an exemption from registration applies," said Stephanie Avakian, Director of the SEC's Enforcement Division. "We allege that Ripple, Larsen, and Garlinghouse failed to register their ongoing offer and sale of billions of XRP to retail investors, which deprived potential purchasers of adequate disclosures about XRP and Ripple's business and other important long-standing protections that are fundamental to our robust public market system."​
"The registration requirements are designed to ensure that potential investors – including, importantly, retail investors – receive important information about an issuer's business operations and financial condition," said Marc P. Berger, Deputy Director of the SEC's Enforcement Division. "Here, we allege that Ripple and its executives failed over a period of years to satisfy these core investor protection provisions, and as a result investors lacked information to which they were entitled."​
The SEC's complaint, filed today in federal district court in Manhattan, charges defendants with violating the registration provisions of the Securities Act of 1933, and seeks injunctive relief, disgorgement with prejudgment interest, and civil penalties.​
The SEC's investigation was conducted by Daphna A. Waxman, Jon A. Daniels, and John O. Enright of the SEC's Cyber Unit. The case is being supervised by Kristina Littman, Chief of the SEC Enforcement Division's Cyber Unit. The SEC's litigation will be conducted by Jorge G. Tenreiro, Dugan Bliss, Ms. Waxman, and Mr. Daniels, and supervised by Preethi Krishnamurthy.​
 
Argo Blockchain (LSE: ARB), a global leader in cryptocurrency mining, is pleased to announce it has signed the Crypto Climate Accord (CCA) in partnership with DMG Blockchain Solutions (DMG), the blockchain and cryptocurrency technology company, to promote the decarbonisation of the cryptocurrency industry.
 
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