The Global Financial System is a Myth

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Connections. Compliance. Cap Tables.

The Digital Asset Review

MAY 7, 2019

NYC BLOCKCHAIN WEEK HIGHLIGHT

Blockchain Economic Forum:

May 9 - 10

The 5th Blockchain Economic Forum gathers VC funds, private investors, capital markets firms, and entrepreneurs to discuss the potential structural change in capital markets and payments systems.

Most of the participants are invited personally from selected capital markets and technology firms. Participants and speakers will include investors in Vertalo.

We hope to see you there!

Grayscale Launches Campaign Telling Investors to #DropGold From Their Portfolios

by The Block

"The #DropGold campaign aims to convince investors about the limits of using gold as a hedge and to bring awareness to bitcoin as a digital store-of-value; pitching the Grayscale Bitcoin Trust as a key avenue.

The campaign's main site, DropGold.com, went live Wednesday and will be followed by video ads across social media and linear TV like Hulu. "

Blockchain technology Embraced by Maryland Legislature

by Morrison Foerster

"On April 30, 2019, Governor Hogan signed Senate Bill 136, which amends the Maryland General Corporation Law to permit certain corporate records (including a company’s stock ledger) to be maintained on electronic networks or databases, including through the use of distributed ledgers and blockchain technology. This legislation welcomes and facilitates the use of groundbreaking and innovative blockchain technology ... "

Fidelity Research: Institutional Investments in Digital Assets Likely to Increase over Next 5 Years

by Fidelity Digital Assets

“What do institutions really think about digital assets? We talk with different types of institutions all the time and we hear any number of individual perspectives and investment theses. But we still want to know, do they understand the transformative potential here? Are they carving out a strategy that provides for digital assets in their portfolios? "

The Global Financial System is a Myth

by Joseph Lubi n , Co-founder of Etherum

"The global economy today is worth more than $80 trillion: that is a lot of wealth. But that wealth is not being returned in ratio-balanced measure to the people who are doing much of the work. Companies are not properly incentivized to create strong and equitable wealth distributions among their workers and partners.

The driving economic ethos of much of our world is a “scarcity mindset,” where to achieve wealth requires the economic suffering of another company, country, or individual."

Facebook's Cryptocurrency Might Work Like Loyalty Points

by Gregory Barber

"Facebook appears to be already building out the plumbing to make its marketplace a reality. At its F8 developer conference this week, the word “blockchain” was notably absent. But even as Zuckerberg emphasized the company’s plan to reorganize your Facebook experience around intimate relationships, his update included plenty of ways money would be involved. "

Can Crypto Miners Be Considered Broker-Dealers?

by Nisa Amoils

"In the current regulatory environment, the status of cryptocurrency miners is unclear. For instance, when miners approve a Security Token transaction that is built on top of a public protocol like Ethereum, are they essentially approving a transaction on behalf of another? Does this make them a broker dealer because they are approving a securities transaction and receiving securities-based compensation? "

How is Money Going to be Raised Using Digital Securities?

by Jeffrey Sweeney

“While the cryptocurrency digital markets have identified a technology platform that works, that early crypto market appears to have hit a wall in terms of overall market value and numerical investor interests. With attention shifting to digital securities and STOs, we now move to a new phase of using these blockchain platforms for broad access to fractional interest in digital securities, but what type of securities? "