- Published: 04 November 2016
- Written by Investor Ideas
Point Roberts, WA, Delta BC –November 3, 2016 – Investorideas.com, a global news source and investor resource releases track session video coverage from the recent fintech and payment conference, Money 20/20, held in Las Vegas, featuring the CEO of Coinbase, a digital currency wallet and platform.
In this track session,’ How Digital Currency Will Change the World’, Brian Armstrong ,CEO & Co-Founder of Coinbase, shares why he believes digital currencies will evolve over time and will ultimately change the world through empowering economic freedom.
Robert Hackett, a reporter from Fortune interviews Brian, opening with “what is Bitcoin, what is digital currency and why should people care?”
Brian tells the audience, “Digital currency is an open payment system for the world, kind of like the internet where there is no one company or country controlling it.”
“There are now hundreds of digital currencies in the world outside of Bitcoin.”
He also talks about companies raising substantial money through ICO’s (Initial Coin Offering), essentially by-pass the traditional fundraising model ”It’s like the stock market 2.0.”
He also later states, “Payments are like water, they flow to the path of least resistance. “
Video link: https://www.youtube.com/watch?v=FZfiLYQr33A
About Coinbase
Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin and ethereum. We're based in San Francisco, California.
Bitcoin is the world's most widely used alternative currency with a total market cap of approximately $10 billion. The bitcoin network is made up of thousands of computers run by individuals all over the world.
About Money 2020
Money20/20 organizes the largest global events enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000 CEOs, from over 3,000 companies and 75 countries, expected at its 2016 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money. Money20/20 will be held at The Venetian in Las Vegas, October 23-26, 2016.
In just four years, Money20/20 fundamentally disrupted the status quo and established an entirely new and ground-breaking scale and standard for industry events. https://www.money2020.com
Full News: http://www.investorideas.com/news/2016/payment-technology/11031Coinbase.asp
Bitcoin Stocks Directory at Investorideas.com
Bitcoin Investment Trust(OTC:GBTC) is designed for sophisticated investors looking for exposure to bitcoin in a simple investment vehicle. The Bitcoin Investment Trust addresses the confusing and cumbersome experience of buying, storing and safekeeping large quantities of bitcoins as an investment. Launched in 2013, the Bitcoin Investment Trust is sponsored by Grayscale Investments LLC (Grayscale), a wholly-owned subsidiary of Digital Currency Group and an affiliate of SecondMarket, Inc. (marketing and distribution partner and authorized participant). Grayscale has engaged leading service providers Ernst & Young LLP (independent auditor), Orrick, Herrington & Sutcliffe LLP (legal counsel), Continental Stock Transfer & Trust (transfer and administrative agent), and Corporation Service Company (trustee).
Bitcoin Shop Inc.(OTC:BTCS) is a blockchain technology company that provides transaction verification services for digital currency. BTCS is building a universal digital currency platform with the goal of enabling users to engage in the digital currency ecosystem through one point of access. BTCS continues to actively partner and integrate with strategic digital currency technology companies who provide products or services that are complementary to its business strategy. BTCS operates its public beta site (www.btcs.com) where consumers can purchase products using digital currency such as bitcoin, litecoin and dogecoin, by searching through a selection of over 250,000 items.
GoldMoney Inc.(TSX:XAU.V) formerly BitGold Inc. - is a global, full-reserve and gold-based financial services and technology group, offering precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions. GoldMoney Inc.is a mission-driven financial technology company traded on the Toronto Stock Exchange that operates the world’s largest 100%-reserved gold-based savings and payments network. Goldmoney® provides financial services as a trusted third-party, combining the unique attributes of gold with technology-driven innovation. Through Goldmoney Personal and Goldmoney Business, anyone with Internet access can buy, sell, transfer, earn, or redeem physical allocated gold on the network. Goldmoney Wealth offers bespoke precious metals custody and wealth services, trading and execution, card services, tax-free retirement accounts and independent research to high net worth individual investors and institutions. Goldmoney Inc. has over 1,200,000 user signups from more than 150 countries and $1.8 billion in client assets under administration.
NetCents Technology Inc. (CSE: NC) is an electronic payments technology company offering consumers and merchants online services for managing electronic payments by a variety of payments methods through its processing platform. NetCents works with its financial partners, mobile operators, exchanges, etc. to streamline the process and user experience of transacting online. The NetCents platform is integrated into the Automated Clearing House (“ACH”) through the Royal Bank of Canada (“RBC”, “Royal Bank”). NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way.
Newnote Financial Corp. (CSE: NEU; OTCQB: NWWTF; Frankfurt:1W4.F) is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
Overstock.com(NasdaqGM:OSTK) is an online shopping retailer based in Salt Lake City, Utah that sells a broad range of products at low prices including furniture, rugs, bedding, electronics, clothing, and jewelry. Worldstock.com is a fair trade department dedicated to selling artisan-crafted products from around the world whereas Main Street Revolution supports small businesses across the U.S. by providing them a national customer base. Overstock has additional community-focused initiatives such as a Farmers Market and pet adoption service. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock sells internationally under the name O.co. As part of Overstock.com, Inc.'s effort to encourage mainstream adoption of digital currencies like Bitcoin, the online retailer installed a Bitcoin ATM at its corporate headquarters in Salt Lake City. The ATM is accessible 24 hours a day and allows the public to convert U.S. dollars to Bitcoin, and Bitcoin to U.S. dollars. Overstock.com began accepting Bitcoin as a purchase payment option in January 2014.
Vogogo Inc.(TSX:VGO.V) is a publicly traded payment services company with integrated risk management and compliance. Founded in 2008, Vogogo designed, built and launched its web-based payment processing technology while growing its expertise in software development, payments, risk management, compliance and related financial services. Vogogo is now executing on its plan to serve global markets. The plan focuses on market opportunities where Vogogo believes it has a competitive advantage due to its positioning and technology
WPCS International Incorporated(NasdaqCM:WPCS)provides contracting services to the public services, healthcare, energy and corporate enterprise markets in the United States and China. In December 2013 the company acquired BTX Trader LLC. he acquired firm is now a wholly-owned subsidiary of WPCS International. TX Trader is touted as the first trading platform to allow users to execute orders on five of the most popular bitcoin exchanges. The software also lets users place stop-loss orders on trades, monitor real-time price feeds and use various charting tools.
Currency Market:
Bitcoin (CCY:BTCUSD=X)
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