PawnCoin Co-Founder John Light Talks Bitcoin Volatility and Buttonwood
John Light is the co-founder of PawnCoin, an innovative way for bitcoin users to unlock the value of their bitcoins. He has been making the rounds with investors, pitching his business in front of an audience at the recent Plug and Play EXPO where 10 other bitcoin-related startups also were seeking funds. Light spoke to us about his startup, how it will operate with the risks of volatility and why Buttonwood has become less of an open air cryptocurrency market and more of a social gathering. CoinDesk: Tell us about PawnCoin. John Light: We are going to be offering customers a cash advance....
Related News
The founder of Buttonwood SF has started an online petition against a California legislative proposal for regulating digital currencies. Penned by Assemblyman Matt Dababneh, chairman of the state's Banking and Finance Committee, the proposal aims to regulate virtual currency businesses under the state's Money Transmission Act. In so doing, the bill, otherwise known as AB-1326, would prohibit virtual currency businesses from operating unless they are licensed by the Department of Business Oversight (DBO) or have received an exemption from the agency. John Light, the founder of Buttonwood....
In this episode, I talk to Erik Voorhees of ShapeShift.io about the new ShapeShift iOS application, available now in the Apple Store. We feature the song "Give me a Sign" by Bitcoin-supporting band 22Hertz out of Ontario. And for the large part of the episode, I interviewed John Light, host of P2P Connects Us and co-founder of the Bitseed project. Please enjoy. If you know of any bands who would like to get some exposure on our podcast, please don't hesitate to reach out. Also if you have any other feedback, I'm happy to hear it, and hopefully implement it into future shows. Specifically,....
The idea of creating a new currency outside of national systems is not new or original. There have been electronic cash attempts that have dated back to the 1980's in the U. S., and PayPal was created to be a new online currency. The timing was perfect, as regulations were light for online businesses back then, as the Internet was only ten years old, and regulators were still several years behind the curve. Now, Bitcoin has succeeded in making a new global online currency anyone can use for free, and Peter Thiel has some commentary on its progress. PayPal founder talks about Bitcoin.....
The Buttonwood Agreement was established in 1792 in response to the public's desire for a more transparent transfer of wealth into securities representing steel companies, railroads, coal plants and many other growing industries. There is no denial that these industries had merit and ultimately the Buttonwood Agreement was the foundation to offer the investing public a safe and dependable ability to participate in the growth of these markets. Prior to this agreement, many people were scammed out of their savings by criminals promising to deliver stock in return for money. Most people are....
This article was first published in Issue 16 of the print edition of Bitcoin Magazine. Today, John Law is often hailed as one of the greatest financial innovators of all time. What would he say about Bitcoin and other digital currencies? Let's take a look at this enigmatic man to discover how yesterday's financial innovations shed light on our own times. Before there were MIT graduates counting cards in casinos, there was John Law. He was naturally gifted with numbers and loved gambling. It was only natural that we would learn to calculate the odds. Before there were stock markets,....