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Beyond the Bitcoin Trap: a Crypto Currency for Human 2.0 (new Kindle Short just published)

My new Kindle Short ebook, Beyond the Bitcoin Trap: a Crypto Currency for Human 2.0, is now published.  I think this ebook would be excellent for book discussion groups or as a topic of discussion in modernized economics courses.  Please share a link if you agree.



A crypto-currency for crowdfunding and emerging socio-economic models

All current crypto-currencies are inherently broken by design. Every single one of them. The popularity and news flow surrounding them is encouraging, indicating an awareness that the old currency systems have failed us. But it’s time to move on, before we get stuck in many of the same pitfalls from the old system. And frankly the most popular crypto out there, bitcoin, is already beyond stuck in yesterday’s mentality. The others attempt to ‘fix’ some of bitcoin’s shortcomings, but then end up replicating key issues in the old currency paradigm.

Unlocking the global trillion-dollar crowdfunding market

Now here is the one percent you do want to hear about!

The world is on the precipice of creating a trillion-dollar crowdfunding market. In Australia, the ASSOB has offered a crowdfunding investment portal since 2005. In the UK, equity crowdfunding is already in progress, with investment platforms such as Crowdcube andSeedups. And in the Netherlands, crowdfunding is ramping up with Symbid.

The crowdfunding components of the American JOBS Act and the Italian Decreto Crescita are now in the process of finalizing the attendant regulation before securities crowdfunding goes live.  Industry associations are popping up everywhere, including in IndiaEuropeCanada, and the U.S. (CFIRACfPA).

If you want to get an idea where things are headed, look at the travel list of the leading crowdfunding advisory team, Crowfund Capital Advisors. Recently, they’ve visited Colombia, Canada, Mexico, Italy, Turkey, Sweden, and Dubai, with upcoming visits to Singapore, Malaysia, Hong Kong, and …

2nd Edition of The Crowdfunding Revolution available!

Two years from our self-published 1st Edition, we are excited to announce the launch of the 2nd Edition of The Crowdfunding Revolution with our publisher, McGraw-Hill!

It's been quite a journey that's taken us so many places, from the blogosphere to the White House.  This is a book, wrought not just from our hearts & souls, but from the synthesis of a wide spectrum of research across many disciplines, such as sociology, venture finance, economics, entrepreneurism, and social networking.  And as much so, from our interactions with leaders, users, researchers and political figures active throughout the crowdfunding space.


Pics from the JOBS Act signing at the Rose Garden

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For all of you who wonder if it's still possible to make a difference in the World.  And in memory of my mother, who gave up so much so that I could be here.

The 'next Facebook' will be a crowdfunding platform

The leading social network service is ... Facebook.
The leading micro-blogging service is ... Twitter.
What's the 800 lb gorilla in online services for startups? ... There isn't one.

There is no one place 'everybody' goes online for startups.  And thus:
You can't access a 3rd party app market and related APIs.There is no 'search' for startups.There is no central ecosystem for all the related players (office rentals, IP lawyers, accountants, benefits companies, employees, ...)There is no way to apply deep quantitative models and trend analytics to startups.And of course, as a consequence, much of the startup market remains opaque and difficult to access.

Congressional hearing on crowdfunding, White House blog post on crowdfunding

Crowdfunding is really picking up steam in the U.S.:
Hearing #2 in a House of Representatives subcommittee (this time specifically about crowdfunding!) is scheduled for 9:30 a.m. on Thursday, September 15.  Btw, you can request that C-SPAN covers this hearing, by calling them the day before at 202-737-3220.In a recent blog post from the White House Office of Science and Technology, point#1 makes the case for allowing crowdfunding as part of the Startup America initiative.This is a great time to get the word out about the petition for crowdfunding at StartupExemption.com.  It's important to show support while this is a hot topic.

I keep track of related events in a dedicated page.