Thoughts About Crowdsales, Appcoins, And Circular Economies On Ethereum

The model could be described as replacing the traditional P&L with MV=PQ.

It seems traditional startups (including social networks, sharing economy apps, marketplaces, etc.) have a typical P&L based corporate structure with the typical 7 components:

1. Investors
3. C-corporation
4. Team
5. Product or app
6. Users
7. Value is determined by the P&L

P&L: Is the acronym for “profit and loss” and is the difference between all revenues, minus all costs (could call it cash flow instead, but the idea is the same) which should create value in the long term.

In my mind the new token based models have the same 7 analogous components, but have different roles (or are organized in a different way at least):

1. Investors/users
2. Tokens
3. Smart contract (or DAO)
4. Team
5. Product or dapp
6. Users/investors
7. Value is determined by MV=PQ

(note I wrote “Investors/users” in link 1 and then “Users/investors” in link 6 because it seems they are largely the same people, but just participating both as investors and users)

MV=PQ: Would be like a small “Circular Economy” where if the product is successful it increases its sales or output [Q] and maybe its price [P], and if there is a fixed or restricted supply of tokens [M] it increases velocity [V] which should lead to an increase in the price of the tokens IMO (at least this has happened with the successful ones like BTC, ETH, possibly STEEM if it proves sustainable, DGD, MKR, REP, etc.).

The key for me is that these projects and startups should have:

  1. Very successful products
  2. Disciplined and predictable token supplies (if it is set by protocol even better)
  3. Should make them easily exchangeable (e.g. ETH/BTC, DGD/BTC STEEM/BTC, REP/ETH, etc.)
  4. And/or should even make them useful for general currency purposes (e.g. BTC, ETH).

IMO, although this model is prone to abuse in the first few years (Ponzi schemes, fraud, etc.), it could become the standard capital markets format of the future, or at least an important financing channel for many kinds of projects and businesses.

Of course the AML, terrorist prevention, regulation, political issues and taxation paranoia will come at some point, but I think that should make this potential capital markets format even better after the dust settles (very much like the Securities Act of 1933, Securities Act of 1934, Investment Company Act of 1940, Investment Advisor Act of 1940, Uniform Securities Act of 1956, and other legislation paved the way for the credibility and success of today’s massive capital markets in the US).

If the above vision actually happens, I think as Ethereum matures and smart contract writing becomes more secure, all or many of those potential projects and startups should be easily developed on that platform. My rational is that if the base cryptocurrency is integrated with the higher layer dapp and app functionality it should be more trust minimized since processes are kept within a contained, therefore possibly more secure, environment (this last opinion is more intuitive than technical because I am more of a finance guy! ;-)

*Edit: Corrected some grammar and format for clarity.*

What is Ethereum, in layman’s terms?

[This is an answer to the above question I originally posted on Quora. It seems to be very popular so I am re-posting it here!]

When we use our computers and use Word docs or other files we normally save them in folders. A folder with docs, photos, spreadsheets, music files, other files, etc. could be called our database.

When we use Facebook, for example, we don’t keep that “database” of photos, status reports, messages, links, etc in our computer, Facebook keeps a database of all our activities on their servers in a data-center, which is a building full of servers (powerful computers).

In the case of Bitcoin instead of using Facebook, or any other service, to store our stuff in their databases, we download a software that is more or less like Skype, and instead of sending and receiving voice or video or text between us we send and receive units called bitcoins.

The Bitcoin software (Bitcoin Core) instead of centralizing “the database” in a service like Facebook or Google or Dropbox, it keeps a copy of the database on your laptop or PC.

Imagine 10 friends at a bar around a table and everybody with a laptop and a copy of Bitcoin. Each laptop has the complete database of the Bitcoin list of accounts and transactions.

When friend A sends 1 bitcoin to friend B it sends the message to all 10 laptops and they all check that the balance is correct, the accounts, etc. and after checking (and doing some other calculations) they all agree to post, on the databases that they all have in their disks, the new transaction.

The Bitcoin database is called a blockchain, because of how it operates, and the process by which all computers check transactions and reach an agreement is called “consensus” (there is another process called mining, but I think it’s not relevant in a layman’s explanation).

The world changing invention of Bitcoin is that all computers participating in the network can keep this “distributed” database updated and with all latest transactions without the need of a central player like Facebook (or a bank) to be the guarantor of security and clearance of bitcoin movements. This was not possible before, it was a computer science problem for decades, but now it’s possible!

The combination of the blockchain and the consensus process of all machines participating in the network keeps it secure and attackers (hackers) could falsify or corrupt the database only if they had more than 50% of the computing power of all the network. Because by now there are so many (and powerful) computers participating, to hack Bitcoin is so costly that it is nearly impossible. Smart, isn’t it?!

The Bitcoin network and its database, the blockchain, only handles and posts accounts and new transactions so it is used as money where the balances are passed from account to account as everybody enters transactions.

In the case of Ethereum it is the same invention, BUT instead of only handling accounts and transaction it can also store computer programs like:

– If xx account has $yy balance
– and if today is December 31st, 2016
– then transfer 5 to zz account
– if not don’t do anything

And as the above program can be set up on Ethereum and would live in the Ethereum database for ever (because it is stored in thousands of computers around the world) people may store any kind of program that can execute orders of any kind and responding to any kind of parameters like dates, quantities, sports results, or anything else that happens in the real world.

Since the Ethereum database is stored in thousands of powerful computers and laptops around the world collectively they may be described as a single computer because they all have te same database and can communicate between each other. Collectively they have so much computing power that by sharing it (and the database with the money and programs) they may be an incredibly powerful multi-service data-center for the world and for many purposes.

Sorry for my verbosity, I hope this helps!

Summary Of Nick Szabo’s Presentation At Bitcoin Investor 2015

Nick provides key principles and direction to the ecosystem IMHO.

This is my summary:

1. Apply computer science to minimize the need for trust between strangers.
2. Strict enforcement of property and contracts by protocol eliminating enforcement by violence like FBI, cops, army, etc.
3. When a system creates trusted 3rd parties (stranger) to manage it they become security holes (vulnerability, central point of failure, hackers, identity, privacy, risk, cost, etc.)
4. In a world with mass markets and billions of participants trust minimized protocols to enable interaction between strangers are the best solution rather than central trusted entities.
5. The philosophy is trust minimization to reduce risk, cost and make systems global (cross borders)
6. Bitcoin protocol is the solution, but is basic, Ethereum is the solution to smart contracts.
7. Bitcoin best applications are for global payments and as a reserve currency.

Here is the video (I recommend you watch it several times!):

This Is Why Ethereum Will Change Everything


Key points of the video below:

1. Ethereum is a world computer with planetary scale.
2. Apps run exactly as programmed.
3. No downtime, censorship, or 3rd party interference.
4. World’s first zero infrastructure platform.
5. Secure backbone for everything.
6. Easy to develop, debug, and deploy apps.
7. Manages user authentication and secure payments.
8. Manages messaging and decentralized storage as well

Well, it seems Ethereum is pretty AWESOME don’t you think so?

Learn more about the Ethereum Launch >>>

Etherplan as a Mist Ether Wallet plugin


Etherplan is a wealth management service on Ethereum that may be used as a plugin to the Mist Ether Wallet.




Etherplan and Donald McIntyre’s Disclaimer: The persons, companies, and brands mentioned in this presentation are used as examples and are not related to Etherplan. The investment ideas in this presentation are only for descriptive purposes. The information in this presentation does not constitute an investment recommendation or financial advice in any way.


Etherplan Explained by Donald McIntyre


This presentation is to explain Etherplan, Smart Investment Plans (SIPs), and how they work on Ethereum.




Etherplan and Donald McIntyre’s Disclaimer: The persons, companies, and brands mentioned in this presentation are used as examples and are not related to Etherplan. The investment ideas in this presentation are only for descriptive purposes. The information in this presentation does not constitute an investment recommendation or financial advice in any way.


Etherplan – How Do Smart Investment Plans On Ethereum Invest?


Like I wrote in my previous article, a Smart Investment Plan (SIP) on Ethereum is an account that a customer opens on the Ethereum network to save and deposit money, that is subsequently invested, and when a specific event happens, the funds are paid out to the customer or his/her designated beneficiaries.

SIPs may be used for personal finance goals like retirement, emergency funds, college funds, targeted savings, funding big purchases, deferred gifts, and estate planning. Also, since SIPs may be initiated by individuals or groups, they can be used for retirement and pension plans.

As a type of decentralized autonomous organization (DAO) SIP smart contracts are programmed to follow a logical investment process to manage customer’s funds.

The SIP Investment Process

As shown in the graph below a SIP follows 4 steps:

Smart Investment Plan (SIP) Investing Process

1. Profile: In this step customers answer some questions that are defined based on behavioral economics research to uncover important information about the investor’s risk tolerance, time horizon, and other parameters that help define the planning stage in the next step.

2. Plan: The planning step uses algorithms developed based on modern portfolio theory (MPT) and efficient market hypothesis (EMH) to build portfolios that will match or slightly beat performance in financial markets. The three levels defined in this step are: portfolio asset allocation, investment manager selection (if the customer indicates), and investment securities selection. Oracle services like Augur are used by smart contracts in this step to “see” the markets, analyze statistics, and decide the final values and allocations.

3. Execute: After the investment plan is defined and approved by the customer in the previous step, the next step in the process is to execute the trades. Because Ethereum provides an account system, many of the assets may be hosted in the network and thus under SIP custody. For the securities that are traded off-blockchain, the algorithms use APIs with financial institutions to enter their orders. Oracle services are used by smart contracts in this step also to track and verify market trading information and financial provider custody.

4. Monitor: Since investment goals and investor preferences may change overtime, and for evaluation purposes, portfolio reports are sent to customers in this step for their review. Customers may change their personal profiles and investment parameters on step 1 so the SIPs may adjust the portfolios accordingly.

The Etherplan Financial Marketplace

To facilitate the interaction between SIPs, financial providers, and individual securities, a financial marketplace is provided.

Etherplan financial marketplace

As shown in the graph above, SIPs constitute the “buy side” in the marketplace and financial institutions, investment professionals, and other “sell side” participants may offer their services and be hired by SIPs.

In the marketplace, SIPs may also find and invest in specific securities that trade within the Ethereum network like asset backed securities representing specific stocks, bonds, ETFs, and metals like gold as well as cryptocurrencies like Ether and Bitcoin among others.

If customers decide to hire an investment advisor to represent them and invest their portfolios they may also be participants in the Etherplan Financial Marketplace.

Etherplan Customer Account View

SIPs are created by customers for their specific financial goals and customers may have several SIPs in their Etherplan accounts.

The graph below is an example of an Etherplan account:

Etherplan customer account view

As may be seen above, a theoretical customer, Jane Doe, has several financial goals and they all constitute different SIPs in the Ethereum network.

Through the marketplace, each SIP has invested its corresponding customer funds at different providers, securities, or blockchains.

The free balance that is not invested in any SIP is 30,000 ETH that is deposited in the customer’s regular Ethereum account.

The customer may instruct their SIPs to change providers or securities from their accounts.

As an example, the “My Retirement” SIP allocated its funds at Fidelity and invested in target date funds, has a total value of $80,765, and its corresponding SIP number on the Ethereum blockchain is sip1xHDVpANxuQUtY9oploKKijguQUtY9opl.

Other SIPs are invested in different ways, for example the “Emergency fund” SIP only bought a Treasury Bill directly on an exchange in Ethereum because it’s objective is extremely conservative. The SIP at the bottom, the “General family fund” SIP hired, as per customer instructions, Financial Advisor Vitalik Buterin, CFP to manage its portfolio!

Specific SIP Customer View

The graph below shows Jane Doe’s “Retirement” SIP:

Etherplan customer SIP view

As it may be seen above, the portfolio @Fidelity has four target dated funds and the customer may also change or sell them.

The SIP Trust Instructions

The interesting part of the SIP customer view above is that, at the bottom, it shows the “trust instructions” by the customer when she created the SIP for her retirement goal. These instructions mean that the SIP is going to autonomously execute them, like a real life trustee, when the events described occur.

For example, if the date of retirement comes, the funds will be automatically transferred to Jane Doe’s family account or any other account she may specify.

If Jane Doe is deceased before or at the time of the retirement date, the SIP will transfer the funds to her husband’s account.

If the husband, John Doe, is deceased then the SIP will distribute evenly the amount of the funds to Jane’s three children, Mary, Nick, and Donny.

The customer may change her trust instructions whenever she wants, but if she dies, the funds and the instructions will be managed and executed for the benefit of her designated beneficiaries.


SIPs created by customers on Etherplan have two major roles, investing funds and executing trust instructions according to customers needs and profiles.

To invest the funds, SIPs perform a series of sophisticated algorithms to plan, invest, and interact with providers and investment vehicles on the Etherplan Financial Marketplace.

Customers receive reports to monitor their SIPs and adjust their preferences. While they are alive they can also change their investment and trust instructions, but if they pass away they are executed for the benefit of the designated beneficiaries.


Disclaimer: The public companies and brands mentioned in this article are used as examples and are not related to Etherplan. The investment ideas in this article are only for descriptive purposes. The information in this article does not constitute an investment recommendation or financial advice in any way.


Etherplan – What Is A Smart Investment Plan On Ethereum?


A Smart Investment Plan (SIP) on Ethereum is an account that a customer opens on the Ethereum network to save and deposit money, that is subsequently invested, and when a specific event happens, the funds are paid out to the customer or his/her designated beneficiaries.

Powered by Artificial Intelligence

A SIP is a type of decentralized autonomous organization (DAO) where a network of AI autonomous agents, called smart contracts, collectively perform the tasks of the smart investment fund to accomplish the customer’s financial goals.

Unique Features and Benefits of SIPs on Ethereum

Since Ethereum is an open source, decentralized peer-to-peer network with a blockchain protected by a cryptographically secure consensus mechanism, SIPs have a series of properties that are not possible in traditional centralized financial markets:

Autonomous: They are governed by algorithmic rules, no need for institutions, lawyers, trustees or administrators.

Transparent: They are visible and auditable at all times.

Trustworthy: Interaction with them does not require trust because their algorithms are hard coded and stored on the blockchain.

Incorruptible: It is impossible to convince them to do anything other than what was instructed by the customer.

Resilient: There are no central points of control or failure, they may span long periods of time irrespective of financial crises, and will soon be recognized legally.

Fiduciary: They have no self interest, therefore they act solely for the benefit of the customer and his/her designated beneficiaries.

Confidential: Customer information is securely (and incorruptibly) protected.

Low cost: They pay for the low Ethereum network computational costs and may pay small fees for services like Etherplan.

How Does A SIP Work?

As described in the graph below, the generic process of a SIP consists of 6 steps and each one has a set of components and tasks that are performed by smart contracts on Ethereum.

Also, each process may require interaction with several outside entities including the customer and his/her beneficiaries.

Smart Investment Plan (SIP) Components And Tasks


Customer $: Is the first step and it consists of receiving and understanding the cutomer’s profile, instructions, and investment needs. Customers may send new instructions at any time to make changes. Since SIPs may be established by groups, a voting system may be set up to facilitate decision making.

Money in: Is the step where the SIP receives the funds in recurring payments or lump sums from the customer. There are inbound logistics to accommodate multiple account types and currencies. APIs with outside banks, brokers and exchanges are implemented.

Storage: Is where the money is invested. There are active or passive investment policies. The smart contracts monitor the financial markets, evaluate investments and managers, and make decisions based on customer parameters. To enter trades and receive information SIPs interact with banks, brokers, and exchanges as well as specialized information services and prediction markets.

Event: To trigger the payout schedules to customers or their designated beneficiaries, SIPs interact with smart oracles to “see” the real world, identify relevant events, and set the next step in motion.

Money out: In this step SIPs execute the payout schedules to customers or their beneficiaries. It is similar to the “money in” process, but implemented to send money out to multiple account types and currencies.

Beneficiary $: Finally, if the money is paid out to beneficiaries, they need to be tracked, contacted and identified. Once verified and made aware, if they weren’t before, of their benefits, they receive the money. The SIP, in this final stage, prospects the new potential customers and promotes the services of Etherplan.

Etherplan as a “SIP Factory”

Etherplan is a service that enables customers to build SIPs on Ethereum. Individual SIPs are build for each customer and customers may have several SIPs in their Etherplan accounts as needed.

For example a customer may want a savings plan to buy a house, a retirement plan, a college fund for his kid, and if he passes away he might want everything to be transferred to his wife and heirs. Everything can be implemented as SIPs and managed through Etherplan.

In this function Etherplan operates partly outside of Ethereum as an interface on the web and a dapp on Mist, the Ethereum browser.

Etherplan is a “SIP factory” because it generates the corresponding smart contracts and stores them on the Ethereum network.

Even if Etherplan disappears, all customer SIPs will prevail on Ethereum and continue to serve their customer and beneficiary needs.


Presenting Etherplan – Smart Investment Plans On Ethereum!



Etherplan will enable individuals, families, corporations, partnerships, governments, and nonprofits to build smart savings, investment, estate, retirement, and pension plans on the Ethereum network.



A smart investment plan (SIP) is one that is planned and executed by smart contracts on Ethereum according to customers profiles, needs and set parameters.

Customers may change instructions and parameters when they want to, but if they pass away SIPs will execute their plans on behalf of beneficiaries until funds are depleted.

Plans may be initiated by individuals or groups which facilitates the use of SIPs by organizations for retirement and pension plans.

Etherplan’s front end will be an easy to use web and mobile application. It’s back end will be the Ethereum network open source cryptocurrency, blockchain, consensus mechanism, mining, virtual machine, smart contract, and account system.


Since Ethereum is an open source, decentralized peer-to-peer network with a blockchain protected by a cryptographically secure consensus mechanism, SIPs have a series of properties that are not possible in traditional centralized financial markets:

Autonomous: They are governed by algorithmic rules, no need for institutions, lawyers, trustees or administrators.

Transparent: They are visible and auditable at all times.

Trustworthy: Interaction with them does not require trust because their algorithms are hard coded and stored on the blockchain.

Incorruptible: It is impossible to convince them to do anything other than what was instructed by the customer.

Resilient: There are no central points of control or failure, they may span long periods of time irrespective of financial crises, and will soon be recognized legally.

Fiduciary: They have no self interest, therefore they act solely for the benefit of the customer and his/her designated beneficiaries.

Confidential: Customer information is securely (and incorruptibly) protected.

Low cost: They pay for the low Ethereum network computational costs and may pay small fees for services like Etherplan.


The purpose of this post is to explain the vision of Etherplan and to present the opportunity to the Ethereum, crypto, and fintech community in general.

The Problem

Millennials are saving more than ever, according to Bloomberg the percentage of 18-to 34-year-olds who saved at least 5% of their income increased to 56% from 50% in 2014. This is great news, but for this generation the majority of solutions are expensive, cumbersome to use, vulnerable to black swan crises, and lack transparency:

Financial Costs: In the current financial system there are a series of cost layers including marketing and sales, investment managers, investment vehicles, trustees, and account administrators that cost, between hidden and transparent fees, from 3% to 4% annually.

Frictional Costs: When they decide to start a savings, investment, or retirement plan, individuals, families, and organizations need to go through a long and cumbersome learning, trust building, comparison, and implementation process. These pain points prevent millennials, small business owners, entrepreneurs, and young professionals from adequately laying out and implementing their savings and investment plans to most efficiently reach their financial goals.

Systemic risks: The 2007-2009 financial crisis showed millennials in their younger years that financial markets are vulnerable to oligopolistic practices, unpredictable systemic risks, and specific institutional vulnerabilities.

Transparency: Honesty is valued more than ever before in this information age, but traditional financial institutions including banks, brokers, and trust companies don’t offer full transparency in their fee structures or even in their full revenue models. Historically, information asymmetry has been key in their business models.

The Solution

Etherplan will be incredibly easy to use, nearly free, and since the logic of the investment plans will reside on the open Ethereum blockchain, it will be fully transparent.

Additionally, through Etherplan, customers will be able to create enforceable financial plans on Ethereum that may span decades and will eliminate lock-in to specific banks, brokers, or trust companies.

The generic investment plan structure and a comparison of the traditional and the Ethereum based models are shown in the graph below.


Etherplan vs Traditional


Not only are millennials saving more than ever, are tech savvy, and conscious about honesty and transparency, but in the next few decades they will inherit $30 trillion dollars from their parents and grandparents.

Additionally, according to the Federal Reserve, the total amount of US household financial assets in 2011 was $53.7 trillion. Out of this amount $20 trillion were retirement accounts:


Household Assets 2011 by Class
Financial Assets: $ Billions
Bank Accounts/ Money Market 10,000
Treasury Bonds 700
Municipal Bonds 1,500
Corporate Bonds 900
Stocks 13,000
Mutual Funds 7,600
Retirement Accounts 20,000
Source: Federal Reserve 53,700


Business Model

Even though Ethereum is a new platform and many business models are experimental, there are 5 revenue lines that could emerge as a result of Etherplan’s value proposition:

1. Setup fees on money in: As customers setup and fund their investment plans a commission may be charged as a percentage of deposits.

2. Investment fees: As the customer investment funds grow and some customers select actively managed investments, low management fees may be charged.

3. Smart Oracle fees: As technology to track reality becomes more sophisticated, an information fee may be charged on external inputs from smart oracles to activate the payout schedule to beneficiaries of investment plans.

4. Payout fees on money out: When payout schedules are activated, fees may be deducted from payments.

5. Balance sheet business: As the aggregate investment funds from all customers grow, Etherplan may decide to go below the full reserve model to invest customer assets for a profit.


Etherplan will replace the investment planning ecosystem including banks, brokers, trust companies, RIAs, and “robo-advisors“. Only on an Ethereum back-end providers will be able to stay competitive.

Nevertheless, some competitive threats may be:

Traditional players: Even with their high costs and risks, banks, brokers, and trust companies may keep a “human touch” value that may let them retain some customers especially Gen X and Baby Boomers.

Fintech startups: Although they operate on top of the traditional financial services platform, robo-advisors are showing how millennials are willing to use modern solutions to manage their money and they could promote a “race to zero” competitive environment.

Other cryto-startups: Companies like Coinbase, Xapo, or Circle could make their accounts programmable, but, if they keep their current models, those programs would be stored in their private servers which makes them less transparent and risky.

Risk vs Cost Competitor Map – How Will Etherplan Win:


Etherplan competitor graph


Donald McIntyre is an internet entrepreneur and financial advisor. He has implemented numerous individual, family, and corporate investment and pension plans. At Naation he blogs about the advantages of financial technology, Ethereum, Bitcoin, the blockchain, AI, the IoT, and Rationality in general. Previously Donald started McIntyresa, Dineronet, and was a Senior Vice President at Morgan Stanley and Vice President at UBS Securities.

Among his achievements, Donald directed the design, implementation and management of the pension fund for over 80 Ernst & Young partners in Argentina, Uruguay, Paraguay, Bolivia, and Colombia. He was exclusive advisor to Marco Antonio Slim, President, Grupo Financiero Inbursa. At Dineronet, in 2000, he closed a series A round with Softbank and Carlos Slim for $11 million. Donald was the #1 producer at Morgan Stanley International Private Client Group.

Next Steps

It is important to note that part of the prototype will reside directly on the Ethereum blockchain, which serves as a non-traditional hosting platform for executing code that is unique to the Ethereum technology.

If you have any questions or would like to be involved in this project please email Donald McIntyre at or leave a comment in the comments section below.

Thank you!



Coinbase vs Bitcoin Core vs Bitcoin Wallet Review – What Is The Difference?

This review was updated on June 8, 2015.

Millions of people around the world have heard and are curious about Bitcoin. Many are already using the digital currency and many more are planning to start using it in the near future. But the question everybody asks is:

What Bitcoin software or service should I use?

Hello Bitcoin >>>
Hello Bitcoin >>>

There are several solutions in the market, but the three of the most popular are Bitcoin Core, Bitcoin Wallet and Coinbase.

Bitcoin Core (formerly known as Bitcoin-Qt) is the original Bitcoin peer-to-peer open source software created by the network’s founder Satoshi Nakamoto. It is the core of the Bitcoin system and anybody can download it for free to their desktops. It contains the public ledger that lists every Bitcoin transaction in the system. When installed it turns your computer into a node in the Bitcoin Network.

Bitcoin Wallet is what is called a “thin client”. Created by Andreas Schildbach, a Bitcoin community engineer, it is also open source. It’s called “thin” because it doesn’t contain the Bitcoin public ledger and it needs to connect to the network through another Bitcoin server. This software is like any app on your smartphone and works on Android and Blackberry devices.

Coinbase is a private company based in San Francisco, California, that provides web and mobile Bitcoin services. The mission of the founders is to provide Bitcoin value added products for consumers and merchants. Their users deal with the company rather than directly with the network. Coinbase is recognized as “the PayPal” of the Bitcoin Network.

How do they compare?

The three services fulfill the basic functions of storing and keeping track of your Bitcoin account balance, but they differ in features and security format. Take a look at this comparison chart to see the differences:

Coinbase vs Bitcoin-Qt vs Bitcoin Wallet Chart
Coinbase vs Bitcoin Core vs Bitcoin Wallet Chart

And what does this mean for me?

As shown above there are several things to take into account when deciding what solution to use. It all boils down to your personal needs and your security preferences. These are the descriptions for each feature:

Send and Receive: The first thing you do when you get a Bitcoin wallet is to acquire your first bitcoins by selling products and services or by buying them. After that you need to be able to transfer them to pay for things or sell them. For this the features of Send and Receive are needed and the three solutions mentioned above provide this. They all also have the Address Book functionality that let’s you store names and Bitcoin addresses so it’s easier to manage your transfers.

Buy and Sell: If you need to buy and sell bitcoins as an investment or for payment purposes you can use Bitcoin exchanges. For this you need to transfer back and forth bitcoins to and from your exchange accounts. In the case of Coinbase it is the only one that has this service integrated into its wallet and merchant products. On Coinbase you can easily buy and sell bitcoins directly from your account without having to move them elsewhere.

Link Bank Account: When you link your Us dollar bank account with your Bitcoin account you can easily move money between them. Coinbase is the only one that provides this feature. In the case of Bitcoin Core and Bitcoin Wallet you need to handle the dollar transfers and payments separately from your bitcoin movements.

Pay by Email: PayPal pioneered the ability to send and receive money using your email account. Coinbase is emulating this by providing the same functionality but with your Bitcoin account. By entering their email addresses you can send bitcoins to anyone and anyone can send Bitcoins to you using your email address too. On Bitcoin Core and Bitcoin Wallet your need to use the 30 character Bitcoin address instead.

Merchant Services: If you use Bitcoin Core and Bitcoin Wallet you can get paid when you sell products and services by providing your Bitcoin address. This is a 30 character code that anyone can use to transfer the digital currency to your account. In the case of Coinbase they have taken this further by providing “Buy”, “Subscribe”, and “Donate” buttons that are linked to your account. These buttons can be installed in your website so your clients can pay just like they would by clicking your PayPal or other payment buttons.

Web: Coinbase is the only one that has web based services. This means you can open your Bitcoin wallet and fully manage it and use all their services on their website.

Desktop: Bitcoin Core is only desktop based and it is the only one of the three with a desktop app. You can use it on any Windows, Mac, Ubuntu, or Linux computer. It takes 1 day or more to download because it includes all the historic Bitcoin transactions ledger.

Smartphone: Bitcoin Wallet is only a mobile app and works on Android and Blackberry. Coinbase has a full service mobile app that works on Apple and Android and synchronizes with their web services.

You Control Private Key: To be able to transfer bitcoins in the network you need your public Bitcoin address and your private key which is secret. In the case of Bitcoin Core and Bitcoin Wallet your private keys are stored in the software and app which are only installed on your devices. This means they are not held anywhere else and you have exclusive control of your Bitcoin accounts.

They Control Private Key: In the case of Coinbase they control your private keys. This is because it is the only way they can serve as a gateway to the Bitcoin ecosystem and provide their value added services. It is more or less like a bank account: when you have dollar bills in your wallet you have full control of your money, but when you deposit them in the bank they have control of your money.

Security formats:

Bitcoin Core is considered the most secure and stable solution because users control their private keys and it is a node in the network. It’s downside is that it occupies significant space in your computer and it has less features than the other alternatives.

In the case of Bitcoin Wallet it is considered secure, users also control their private keys, and it is convenient because it is mobile and you can pay and get paid using QR codes.

Coinbase is as secure as the company and its technology are. Because users interact with Coinbase and thus indirectly with the network, they need to entrust their private keys to the company just like they would their money with PayPal or with a bank. Because Coinbase is compliant with federal and state regulations and counts with the support of important investors it is considered to be a safe Bitcoin service provider.


If you want to be part of the Bitcoin Network and maybe even are planning to provide Bitcoin services in the future, the best alternative for you is to use Bitcoin Core .

For those who want a high level of security, but at the same time convenience and mobility then Bitcoin Wallet is the most suitable solution.

For a simple and full service experience Coinbase offers the best alternative. If you want to easily open a Bitcoin account, use it on the web and on your mobile device, and maybe even sell your products and get paid in bitcoins then the Coinbase Wallet is the best way to start.

Ethereum For Businesses And Entrepreneurs With William Mougayar

William Mougayar wrote a seminal article about Ethereum and what it means for developers, businesses and entrepreneurs.

In this interview I talk with William and the topics we covered where:

– Bitcoin vs Ethereum comparison: There is room for both protocols in the Crypto Application Stack!

– Ethereum explained: The 3 main components.

– Developers, Businesses and Entrepreneurs: How can it be used for innovative applications, products, and services?

Please Watch the video above.

This is the article on the Ethereum Blog:

The Business Imperative Behind the Ethereum Vision

Codius Explained With Stefan Thomas, CTO Of Ripple Labs


In the current state of affairs and after several attempts to implement them, it is becoming more clear to the cryptocurrency community that smart contract systems are difficult to build on top of the Bitcoin network.

Even Nick Szabo, the father of smart contracts, recently wrote:

…the limits of Bitcoin’s language and its tiny memory mean it can’t be used for most other fiduciary applications.”

The Ripple Network is not alien to these problems since it is very efficient to achieve consensus of new transactions in seconds and supports multiple assets, but it is not structured to feature smart contracts.

To solve this, and maybe for all the other networks as well, Stefan Thomas, CTO of Ripple Labs, is leading a project called Codius to enable smart oracles, which include the ability to “listen” to what is happening in the “outside world” as well as hosting smart programs in multiple programming languages.

Please watch the above interview with Stefan Thomas for an explanation of what is Codius.

Read the Codius white paper here.

I Asked Vitalik Buterin Which Networks Will Prevail After The “Blockchain Wars”, This Is What He Answered

I appreciate that Vitalik is always so kind to answer my non-technical, newbie questions, and what I value the most is that he takes the time to translate what he is going to tell me to layman’s terms, this was his short answer:

I really don’t like this “final networks that will prevail” concept.

Well, I like his sincerity too!  :)

Here is what he said about different types of networks covering different types of needs and niches:

I think there are going to be plenty of networks with plenty of trade-off profiles. Particularly:

  •  Subjectivity / security trade-offs – Ripple is more secure theoretically, because even if it breaks the nodes can coordinate to revert it, but also much more heavily depends on trust.
  •  Scalability / security trade-offs – low transaction costs will for many dapps be mandatory, but in other cases you want absolute security with the full chain processing your transaction.
  • Privacy / cost trade-offs – zerocash, ripple and everything in between.
  • Safety / liveness trade-offs – do you want the network to be more likely to keep on going no matter what, or to be resistant and unexploitable by attackers no matter what?

Regarding Ripple (and I guess Stellar too because they are very similar) he says it occupies a specific space in the market, but it would be much more defensible if it had a Turing-complete programming language like Ethereum.

About Ethereum 1.0 and Bitcoin + Sidechains, they don’t satisfy the low cost, low scalability niche because of “every-node-processes-every-transaction” property, but his hope is Ethereum 2.0 will satisfy that need.

This is what he had to say about the nature of blockchain/network competition:

What will happen though is that I think networks will stop competing on features; the concept of “x is the network for decentralized exchange”, “y is the network for domain names”, etc will disappear, as turing-complete languages are just a much better way of handling those needs. But there will exist distinctions between different classes of needs.

As an analogy, he compared the different blockchain/network styles and their trade-offs with the hundreds of programming languages out there:

Think python / c++ / go / bash / ruby / haskell / browser javascript / nodejs. Programming languages are everywhere. But they are mostly not application-specific…

But this was the phrase that helped me picture the industry better:

[The different blockchain/networks] occupy different regions of the trade-off space.

This is, if you think of a chart with different quadrants, each with a different quality “subjectivity”, “scalability”, “security”, “liveness”, “privacy”, etc., you could plot and map on the chart the different networks according to what they prioritized.

My conclusion:

At the bottom of the Crypto Application Stack (please see chart below), the consensus layer, there will be several blockchain/networks serving different niches according to their trade-off profile needs. As there are plenty of trade-off profiles there will be plenty of networks in the future.


The Crypto Application Stack:

Crypto Application Stack - Vitalik
Source: Chart courtesy of Vitalik Buterin


Ethereum Explained With Vitalik Buterin Inventor And Leader Of The Ethereum Project


Since the Bitcoin network started, Satoshi Nakamoto, its inventor, had the vision that it would not only serve as a system to store and transfer money, but it would also be a platform for smart contracts and smart property.

Six years later there have been many attempts to implement these ideas, but Bitcoin is still a blockchain with its first application, the currency, and little has been accomplished with respect to “smartness”.

Among several projects competing to solve this is Vitalik Buterin’s Ethereum, a new blockchain that is fully programmable and has several features that promise not only an effective implementation of smart contracts and property, but also decentralized applications (dapp’s) and decentralized autonomous organizations (dao’s).

In the above video I interview Vitalik Buterin and I ask him about Ethereum, how it works, and its different components.

Ripple Explained with David Schwartz, Chief Cryptographer of Ripple Labs

In the context of many protocols being developed to complement or upgrade Bitcoin, there are a few that seem to be the ones with better chances of perpetuating themselves either in a specific function or as a broad platform in finance, the Internet of Things (IoT), etc.

The main contenders, in my humble opinion, are Bitcoin as the one with the most network effects, Ripple as a global inter-bank value exchange system, Ethereum and its quasi-Turing-complete programming language, and Sidechains which will leverage the existing installed capacity of the Bitcoin network.

In the above interview I talk to David Schwartz, Chief Cryptographer at Ripple Labs, to explain how it works and how entrepreneurs can use it as a business opportunity.

This is The Ripple Protocol Consensus whitepaper >>>

6 Business Models For The Ethereum Network

After many weeks of study, asking questions on, and busting my brain to discover how to monetize the Ethereum opportunity, I have boiled it down to 6 business models, some obvious, some not so obvious.

Here are my finalist ideas:

1. Buy Ether: This is simple, since it’s deflationary, just buy and hold or trade the Ethereum underlying asset with the expectation it will appreciate significantly overtime.

2. Sell computing power: This is the “old” business of blockchain mining, another obvious one, provide computing power to the network and collect your GAS which will be paid in Ether.

3. Sell developer hours: Programmers who specialize in Ethereum will be in great demand, develop dapps and DAOs and integrate for the IoT for startups, enterprises, and government.

4. Sell smart contract consulting hours: Here is the opportunity for lawyers, financial advisors, accountants, and many other types of professionals, sell your expertise to customers and partner with developers to implement those smart contracts on Ethereum and/or Codius smart oracles.

5. Balance sheet business: Fractional reserve banking is not dead! Since dapps will tend to be free to end users, many startups and businesses will need to monetize their “hosted” or “cloud” customer and deposit bases by investing those reserves to earn an interest. This is going to be one of the most important sources of income for the whole Ethereum network in my humble opinion.

6. Advertising: Plain old advertising will continue to be a main source of financing for the Ethereum network and dapp developers and entrepreneurs. According to more than $600 billion will be spent in advertising in 2015 globally of which about $150 billion will be online. As Ethereum gains traction, more and more developers and entrepreneurs will adopt the advertising model to finance their user’s GAS spending to provide a competitive free service.

What do you think?

Full Reserve Is A Special Case Of Fractional Reserve Banking And The Balance Sheet Business Is As Needed As Ever In A Blockchain Enabled Financial System

It’s a matter of time until Coinbase, Circle, and others go below 100% reserve to finance their operations as the pure wallet, merchant, and exchange service revenue models will tend to zero.

This is my argument:

1. Since the marginal cost of information processing and transmission is nearly zero, purely informational services in the internet tend to be free for end users

2. Because of the above, providers have usually resorted to indirect methods of financing like advertising (e.g. GOOG and FB) or community support (e.g. Wikipedia or Bitcoin Core) to make money or fund their projects.

3. In a blockchain enabled world a third model for financing its existence has emerged: selling computing power or mining.

4. But in the case of “hosted” or “cloud” wallets, exchanges, merchant services, and the like, advertising, donations, or selling computing power is not that clear of an option. This is because mining is a profitable business in itself that doesn’t necessarily need the “weight” of providing free services to exist.

5. For now these services are increasing their customer bases, gathering deposits from these users, and managing to charge some fees for crypto/fiat exchange, but, since that revenue will tend to zero, they will end up, in the medium term, with millions of users and billions of dollars in full reserve assets, but insufficient income.

6. In the above scenario they will find themselves with the fractional reserve “opportunity” (it will rather be a need) since, like any business, they will either make money or close shop.

7. Mass market users have been used to, and will surely understand, the trade-off between the “security” of full reserve and the risk of fractional reserve banking since, in my opinion, they will receive an interest return, plus a great service, and some guarantees that, if something goes wrong, somebody will respond (hackers or reversibility).

Conclusion: just like advertising an donations enable much of the free internet today by financing it, I think the balance sheet business will finance many blockchain based enterprises.


Edit: I refer to the “balance sheet business” as the for profit activity of taking deposits, which increase liabilities, and investing that money in revenue generating options, like loans, bonds, fx trading, and other asset classes and activities.

The spread between what is paid to depositors and what is gained by the business, by investing its assets, is the revenue.

The entire capital or equity of the business is part of the guarantee to depositors:

– ASSETS – LIABILITIES = EQUITY (which is at risk for the owners of the business).
– Return on assets – Interest paid to depositors = Revenues of the business.


Disclosure: I am a customer of Coinbase and Circle. I am not an investor or personally related to Coinbase, Circle, or other businesses mentioned above, and my opinions do not represent their opinions or business plans.

Bitcoin Is Still An Experiment

I agree with Charlie Lee, creator of Litecoin, when he says Bitcoin is still an experiment.

If we look at a simple scientific method process this is what it looks like at this point IMHO:

1. Ask a question: Satoshi Nakamoto, at some point asked himself the question “since Adam Back invented hashcash, I wonder if I can invent a currency based on a shared ledger where the posted transactions are protected from double spending by making it extremely difficult to enter modifications to the ledger using a similar hashing mechanism?”.

2. Do background research: Here, Satoshi had to know a lot about, studied, or had already studied, economics, monetary theory, law, contracts, the Byzantine General’s Problem, game theory, and cryptography. He referenced 8 papers and works on his original whitepaper.

3. Construct a hypothesis: I think that when he connected the dots and did some calculations he realized his new blockchain idea could actually accomplish this so he decided to write the “Bitcoin: A Peer-to-Peer Electronic Cash System” this is the hypothesis in my opinion.

4. Test your hypothesis by doing an experiment: I don’t know whether Satoshi actually called Bitcoin an “experiment”, but judging by the state of cryptography and the Byzantine problem at that time in 2009 it was unknown if the blockchain was going to work technically or economically. Because of this I think Bitcoin was and still is an experiment.

5. Analyse your data and draw a conclusion: I think we are not there yet.

6. Communicate your results: Even though some people might be claiming victory for their preferred solution (Bitcoin Maximalists?), because of the above, no one can yet seriously do this. I think proof Bitcoin cannot be declared glorious is that so many projects are trying to modify or improve different parts of the system (PoW vs PoS vs DPoS, blockchain vs [Ripple] consensus, more programmability, single asset vs multiple asset, etc.)

So much so that this problem of the “blockchain wars” and “silos” is the reality right now. I think if Bitcoin was a complete solution there wouldn’t be so many alts, “ups”, and “sides“.

My conclusion is that because the “truth” (meaning the right technology that solves our whole set of needs) is not here yet it is much better to have a wide competing spectrum of protocols to see which is the best in the end.

After all, the struggle for survival and natural selection are the best processes to decide this!

Starbucks Mobile App For iPhone Review In 21 Images – A Must For SBUX Loyal Customers

Coffee lovers and iPhone users get three great components in one smart solution from this most popular coffee brand: their loyalty program, the gift cards, and a very user friendly and practical mobile payments app.

On top of these features the company has added the ability to tip your barista straight from the app after you pay and a convenient way of sending gift cards to anybody with an email account.

This app is a must for Starbucks loyal customers and proof of this is that more than 10 million satisfied customers use it regularly to pay for their purchases and manage their rewards.

Here is how it works:

1. When you get the app you need to setup a new account or connect your existing one:

Starbucks mibile app setup screen

2. The home page is your control panel and shows your rewards balance:

Starbucks mobile app home

3. It’s very easy to add as many Starbucks cards as you want:

Starbucks mobile app enter new card

4. To purchase at the store you select a card:

Starbucks mobile app select card

5. You hit the “pay” button to show the bar code and then scan it:

Starbucks mobile app bar code

6. This is what the scanners look like at their stores:

Starbucks stores' scanners

7. After you pay you have the option to tip your barista:

Starbucks mobile app tip page
Image courtesy

8. You can also manage your cards right on the app:

Starbucks mobile app manage card

9. Like adding it to your passbook:

Starbucks mobile app add to passbook

10. Set it to automatic reload:

Starbucks mobile app reload card

11. Transfer money between cards:

Starbucks mobile app transfer between cards

12. And set or change your primary card:

Starbucks mobile app set primary card

13. It’s easy to search Starbucks stores near you with their store finder:

Starbucks mobile app store finder

14. And you can filter them depending on your store amenities preferences:

Starbucks mobile app store filter

15. To purchase and send a gift card by email you first select the occasion and design from their online store:

Starbucks mobile app send gift card page

16. Once you select the artwork you enter the amount and payment method:

Starbucks mobile app setup gift card and send

17. Then enter the recipient’s email and a message and hit “done” to send it:

Starbucks mobile app send a gift card

18. On the “Rewards” page you can check your balance:

Starbucks mobile app rewards balance

19. You can see your rewards history:

Starbucks mobile app rewards history page

20. And you can also check specific transactions:

Starbucks mobile app check transaction

21. Finally the app has an inbox where you receive Starbucks notifications, special offers, and the Pick of the Week:

Starbucks mobile app inbox

Get the app here >>>

What do you think about this app? Please rate it in the ratings box above and leave your comment below!

Blockchain Bitcoin Wallet iPhone App Review in 12 Images – A Big Step For Bitcoin! has been one of the pioneer startups in the Bitcoin space and an advanced blockchain information, market, trading, and wallet service. Its reputation and professional service has earned it millions of users in all of its services.

Like it was reported by a few months ago, in an interview with CEO Nicolas Cary, the company’s wallet app was banned from the Apple app store for reasons not explained by the iPhone manufacturer.

Fortunately for Bitcoin and its growing community of users and advocates Apple has changed its policies and today the Blockchain Bitcoin Wallet app is back up in the iOS system.

Here is how it works:

1. When you download the app and open it you need to setup your Bitcoin account:

Blockchain Bitcoin Wallet welcome page

2. You can create a new wallet account from scratch:

Blockchain create new wallet

3. Or you can pair (connect) you existing Blockchain Bitcoin wallet automatically:

Blockchain Bitcoin Wallet automatic pairing

4. Or you can pair it manually:

Blockchain Bitcoin Wallet manual pairing

5. Then you need to select a 4 digit security passcode:

Blockchain Bitcoin Wallet activate a passcode

6. And voila! You are on the app’s home page which is your transaction history page:

Blockchain Bitcoin Wallet home is transaction history

7. By clicking on a transaction you can see its details:

Blockchain Bitcoin Wallet transactions details

8. When you need to receive Bitcoin you go to the “receive” page where you can select what Bitcoin address to use, scan a private key, or create a new address:

Blockchain Bitcoin Wallet receive page

9. To send or pay with Bitcoin you go to the “send” page where you enter the amount and the destination address, you can choose from which of your addresses to send from, and hit send:

Blocchain Bitcoin Wallet send page

10. To make your life easier you can choose a destination address from your “address book”:

Blocchain Bitcoin Wallet send choose from address book

11. Or you can scan a QR code:

Blockchain Bitcoin Wallet send using QR code

12. Finally, you can manage your wallet and settings on the admin page:

Blockchain Bitcoin Wallet admin page

Get the app here >>>

Thank you and please rate this brand in the rating box above and leave your comments below!

Starbucks Mobile App For Android Review – 12 Reasons Why It’s An Effective And Rewarding Experience

Three components make this a great and useful experience for loyal Starbucks customers and Android users: The Starbucks loyalty program, the Starbucks gift cards, and the Starbucks mobile app.

Once you download the app you can either sign up or sign in with your existing account.

Here is how it works:

1. When you open the app it takes you directly to your card, if you have several cards it takes you to the one you select as default:

Starbucks app home

2. You can connect as many cards as you want:


3. Adding new cards is easy:

Add new card

4. Then you can start paying at the Starbucks stores by selecting the card you want and scanning the bar code:


5. This is one of their scanners at the stores:

Starbucks payment scanners

6. Whenever you want you can check the history of all your transactions:

Transaction activity

7. As you earn and use your rewards you can monitor your star balance:


8. And you can track your Starbucks rewards history:

Rewards details

9. You can protect your app with a passcode:

Security passcode

10. Manage all your cards on the admin page:

Card admin

11. Or load more money to any of your cards using Paypal or any credit card:


12. Finally, if you are looking for a store near you, you can use the store locator map:

Store map

While filtering your search according to your store preferences:

Filter stores

Amazing! Get the app here >>>

In An Environment Of Tight Capital Controls CoinMelon Will Provide An Exchange Service For Argentinians To Save In Bitcoin

In 60 days CoinMelon will launch the first formal Argentine Bitcoin exchange to provide the public with a valid alternative to save in a country with capital controls and prohibitions to buy traditional currencies like the euro or the dollar.

In this interview Agustin Kassis, founder and CEO of CoinMelon, talks about the service and how he is implementing his strategy.

We spoke about:

– Argentine regulation.
– Methods for the public to deposit pesos in their CoinMelon accounts.
– The focus of the business model: exchange vs wallet vs merchant services.
– Basic features of the service to be launched: security, charts, order book, balances, etc.

Agustin Kassis, founder of CoinMelon
Agustin Kassis, founder of CoinMelon

Kevin Pohmer Talks About Financial Guard’s Asset Allocation Service

In the world of financial investing there are those who prefer to use advisors to manage their money and those called “do it yourself investors” who prefer to take things in their own hands.

Do it yourself investors have an advantage because, if done correctly, they can save in brokerage and advisory fees increasing their end results at the time of retirement or accomplishing their financial objectives.

Financial Guard is a perfect tool for these investors. The company’s automated service helps them build their portfolios with optimized asset allocations and mutual fund recommendations.

In this interview Kevin Pohmer, President of Financial Guard, talks about how the service works and recent growth trends.

Kevin Pohmer, President of Financial Guard
Kevin Pohmer, President of Financial Guard

Bitcorati Founder Ryan Charleston Talks About The Bitcoin Business Directory And Social Platform

The Bitcoin space has several community platforms like and Reddit that have been built and nurtured since the early days, but in general are reserved to the “pioneers” and early adopters.

There was no dedicated community that put together new merchants using Bitcoin, users, and entrepreneurs. This is why Ryan Charleston decided to start Bitcorati, a platform that serves as a mix between “Yelp and Linkedin” for the new Bitcoin economy.

In this interview Ryan talks about the platform and his vision for the future.

Ryan Charleston, founder of Bitcorati
Ryan Charleston, founder of Bitcorati

TrustEgg Founder Jeff Brice Talks About Saving For Your Kid’s Future And Helping Children’s Charities

“A Little Goes a Long Way” is TrustEgg’s motto as the company helps parents, families, and friends save for their children’s future using the power of compounding interest!

The service consists of a trust account where children can be designated as beneficiaries and then the parents, their friend’s and family make scheduled deposits or one time contributions from their bank accounts.

The trust accounts are governed by the Uniform Transfers To Minors Act (UTMA) and can be setup from anywhere in the United States.

But recently the company has been taking steps to help children’s charities with their fund raising efforts by using their technology and banking infrastructure.

In this interview Jeff Brice, founder of TrustEgg gives an update about the company and how the charity contributions will work.

TrustEgg Founder Jeff Brice
TrustEgg Founder Jeff Brice

CoinSummit Co-Founder Pamir Gelenbe Talks About The Event’s Speakers And Topics

All the Bitcoin hot topics will be covered at the CoinSummit conference this month in San Francisco.

After recent events the timing couldn’t be more perfect and the speakers are key personalities and players in the crypto-currency space.

From Silicon Valley VC investor Marc Andreesen to founders of high profile Bitcoin startups like Nejc Kodric of Bitstamp, Brian Armstrong of Coinbase, and Nic Carey of Blockchain everybody will be discussing the MtGox debacle, new regulation risks, current adoption trends, smart property, and what’s ahead for digital currencies in general.

In this interview Pamir Gelenbe, co-founder of the CoinSummit conference series talks about the event and what to expect.

Adam B. Levine Talks About The MtGox Debacle, Goxcoin, and The LTB Network

One of the most knowledgeable persons in the Bitcoin space is Adam B. Levine, Editor-in-Chief of the Let’s Talk Bitcoin Network.

The LTB Network has expanded and included new shows to update the community and the public about the crypto-currency space using different formats and covering all the topics from technology, the players, to the latest news analysis.

Adam has covered the MtGox debacle extensively and in detail and in this interview he shares his opinions and talks about a new proposal for MtGox depositors: Goxcoin.

Adam B. Levine, Editor-in-Chief of Let's Talk Bitcoin
Adam B. Levine, Editor-in-Chief of Let’s Talk Bitcoin

StockTwits Product Manager Justin Paterno Talks About Their Mobile App And Functionality

StockTwits is the best and most dynamic stock investing short messaging platform. In my review I called it “The Twitter Of Stock Investing, Only Better” when it comes to the flow of market news and trading ideas.

Not long ago they revamped their mobile app to make the user interaction on the web or mobile seamless.

In this interview Justin Paterno, StockTwits’ product manager, talks about the investing community, the mobile app, and how it works.

StockTwits' Product Manager Justin Paterno
StockTwits’ Product Manager Justin Paterno

Estimize Founder Leigh Drogen Talks About More Accurate Crowd Sourced Earnings Estimates

To value stocks the main pieces of data necessary are the earnings reports from the companies. Consequently many investors and stock market traders follow the quarterly earnings estimates and then compare them to the actual earnings reported by the companies.

This information has usually been the main market mover in the history of the stock market. But imagine if you cold have a source that is even more accurate, and what is better, follow on a daily basis?

This is Estimize’s focus, to provide more genuine and accurate earnings estimates for US stocks.

To accomplish this the company has fostered an active community of Wall Street analysts and investors who continuously contribute their earnings estimates on the platform.

In this interview Leigh Drogen, founder of Estimize, talks about the service and how it works.

Leigh Drogen, founder of Estimize
Leigh Drogen, founder of Estimize