Skip to main content

A Derivation of Crypto-Currencies - Bitshares - the end of stock markets are we know it?

The investment business world is dominated by the transactions of equities in small, medium and large enterprises.

These take place is stock markets and broking-houses all over the world.  This is a multi-trillion dollar business.

It is vital for global business that this market is operating and healthy.

With the rise of crypto-currencies and the technology and ideas behind them: I also see an alternative to traditional equity purchases and holdings - "the Bitshare".

Just as exciting as Bitcoin and friends:  The Bitshare is even more persuasive.  Whereas with Bitcoin you need to convince the holder of the coin that it has some value.  With Bitshares - there is value:  It is the proportion of the companies' stock that it represents.

Stock markets and broking houses cream off a small but very significant percentage off each transaction.  This has made stock brokers the world over, extremely wealthy.  And hence, like Banks, make themselves targets of the crypto-currency revolution.

I believe that if a company was to issue equity stock in the form of crypto-shares these could be issued very simply by an company and then traded in the same way that shares are currently traded on the markets: by being transferred from one owner to the next.  But they would be transferred directly without entering any market as such. Simply transferred in the same way as Bitcoin via a wallet, and the verified in a public ledger.

As such they will be "bearer shares" i.e. owned and due dividends (paid in Bitcoin of course!) by the person who  has the shares in his possession.  Traders will will also benefit from the zero-percent sending and receiving costs, making business more fluid, as this is one of the primary benefits of crypto-currencies and there derivations such as these bitshares.

We would probably still need centralised markets like we have today like the NASDAQ or the LSE, but these would certainly not be physical anymore, and would only contain "listings", such as Offers for sale. And would not actually trade the items themselves.  That sounds like a good idea for a web site!

Exciting and lucrative times ahead!








Comments

Popular posts from this blog

How do you fix a roll of aluminium foil once it's started spiralling?

I had this problem.

Seen a post on Reddit.  Old one.

"This thread is archived
New comments cannot be posted and votes cannot be cast"
That is a shame.  As I now have a better answer than any of the posts.

Get a pair of tweezers and scrape down from the part of the foil roll that is "stuck".  

Don't matter if it digs down into the layer beneath.  Try to maintain even digging across the roll.

Worked a treat!

I've had a idea for Boris.

This is what he should do.

He should go to Brussels and demand:

1) End of EU commissioner/president appointments.  These should be directly elected by the Members States populations.. think "US President"-style elections.
2) Move the European Court of Justice or the European Central Bank to somewhere in the UK (not London)
3) End the monthly move of the European Parliament to Strasbourg.
4) Probably a few other things he can come up with...

THEN

Come back to the UK and offer this new deal (and Remain) or full out (with all the implications like loss of NI and subsequently Scotland) to the people in a new referendum.

Spanish verbs

Damn Spanish verbs can be frustrating.  I been trying for 13 years, and still get confused.  Must be the old brain.

I found a great "Cheat Sheet" (for fun try getting a Spanish person to say that :)) on Dummies.com but it a bit long so I cut it down a bit to just the most useful verb endings.

The cheat sheet is only good for regular verbs, and the most important/often used ones are irregular.

So last intercambio I worked with my friend to translate some typical sentences.

Here we are:


My mother was here until today,

Mi madre ha estado aqui hasta hoy,

and she will probably be back in April.

y ella a lo mejor volvera en Abril

We all had a nice time.

Nos lo pasamos bien.

Tanya & Isabel went to Barcelona on Sunday for appointments Isabel had yesterday and today.

Tanya y Isabel fueron a Barcelona dominigo para hacer encargos Isabel tenia ayer y hoy.

They are coming back now and are expected to be at home when Henry and I get there.

Ellos estan volviendo ahora mismo y se espera qu…