American venture capital investor Tim Draper recently commented on Bitcoin, suggesting that Millennials should invest in Bitcoin if they want to secure their financial future. Draper expressed this in an interview with Liz Claman. During the interview, published on January 22, Draper discussed people and topics such as Elon Musk, Space X and Bitcoin. Draper also accused the banking system of “throwing” the millennials into debt with hundreds of thousands of dollars. Draper is an American venture capital investor as well as founder of various companies. Among his most famous investments are Baidu, Hotmail, Skype, Tesla, Coinbase. According to Draper, millennials often only know about one…
Author: Editorial Office CVJ.CH
The capital of Austria has announced the use of a “Culture Token”, which was set for initial tests at the end of February. Residents of the city can earn the tokens by acting in a climate-friendly manner. Thus, a playful bonus system, in the form of an app, will aim to motivate citizens to reduce CO2 emissions and do something good for themselves. In an initial test phase, the culture tokens can then be used at Vienna’s People’s Theatre, the Vienna Museum, the Art Museum and the Concert house. A playful pilot project that rewards climate-friendly behaviour The condition for participating…
Last year, cloud computing, “Artificial Intelligence” and “Analytical” led the global list of “most sought-after hard skills” on LinkedIn. This year, however, one skill stands out that was not in focus a year ago: Blockchain. According to the LinkedIn Talent Blog, in 2020, Blockchain will play an important role in the hard skills that applicants should bring to convince recruiters. Thus, Blockchain is at the top of the list of the most sought-after hard skills for 2020. Blockchain ahead of Cloud Computing, AI and analytical thinking In our digital world, the skills that are valued in the business world are changing…
A non-fungible token, commonly known as NFT, is a cryptographic asset that represents ownership of something unique and non-interchangeable.
The German financial supervisory authority Bafin has already received more than 40 expressions of interest from banks that would like to obtain a licence for the crypto-custody business in future. Due to the new money laundering law, banks are no longer restricted to simply offering and safekeeping of classical securities such as shares or bonds, but can also offer crypto-currencies such as bitcoin, ethereum or Ripple as of the new year. New regulations promote consumer protection and Germany as a business hotspot The importance of virtual currencies has been growing steadily in recent years. The global market capitalization of digital…
An interview with Prof. Dr. Michaela Hönig, expert on digital currencies in the German Bundestag and author of the newly published book: “ICO and Cryptocurrencies – New Digital Forms of Raising Capital”. CVJ.CH: Your recently published book deals, among other things, with the possibilities and limitations of ICO’s. The limits have been well observed in the meantime. How do you see the future of raising capital via tokens in general? Are STO’s now the compliant solution to ICO’s? Prof. Dr. Michaela Hönig: So far, tokens have not been used primarily as a means of payment, unlike coins. They represent an asset or…
Thoughts on the new digital age by Claudio Grass. The decentralized (r)evolution of the Internet is followed by the second part: Does Bitcoin have what it takes to become digital gold? It has taken me some time to fully grasp the potential of Bitcoin and the decentralized network. It was only when I saw the interplay of hash functions, digital signatures, peer-to-peer structures and open source development in its entirety that I realized that Bitcoin basically has what it takes to be “digital cash”. After all, it is already accepted as a private and, if not “anonymous” then at least, “pseudonymous” medium…
The misconception that technology enslaves us can be contrasted with another view. A perspective that sees technology as a tool for individual emancipation. Thoughts on the new digital age by Claudio Grass. Internet – the Decentralized (R)evolution. Internet – the Decentralized (R)evolution People are driven by different motives. Some see the greatest happiness in the accumulation of material values, others are driven by spiritual values. I personally am driven by ideas. My ideas are based on principles and values that give everyone the natural right to control their body and mind. Man is not a means to an end, but an…
On several occasions, Swiss companies have considered paying their employees in Bitcoin or Ethereum. Some companies have also already turned their plans into reality. While the Swiss legal system allows crypto-wages in principle, there are certain limits to be observed when designing them. This article is intended to provide an overview of the current legal situation and to explore the question of how crypto-wages should be structured. Good news from New Zealand Since September 1, 2019, employers in New Zealand can pay their employees in crypto-currencies. The New Zealand tax authority “Inland Revenue Department” is responsible for the binding regulation…
Trading in traditional values such as currencies, shares or commodities, has been happening for decades. The most important trading place for US shares, the New York Stock Exchange, was founded in 1817. The evolution of crypto exchanges Compared to the trading places of traditional assets such as shares, commodities, etc., trading with crypto currencies is still very young. The first trading place for Bitcoin was probably the Mt.Gox exchange in 2010, but its history ended abruptly in 2014. After a theft (hack) of a large part of client’s assets in the form of Bitcoins, the exchange was forced to file…
The word blockchain, the technology on which crypto-currencies are based, can be heard more often with the return of volatility in the markets.