Tag: News

Kodak Raising Crypto Funds for Image Copyright Blockchain

Eli Ridder | @EliRidder

Kodak, famed for its photography products, is working with Wenn Digital in raising money for its blockchain image copyright system in a token offering for a partner cryptocurrency. 

On May 21, the Wenn-created KODAKCoin will be offered to the public with the aim of raising $50 million USD and to fund the KODAKOne blockchain that seeks to protect the copyright of image media registered on the platform.

Shares in Kodak bounced upwards to $13.25 in January when the Wenn deal was announced, before dropping to below half that when news of the blockchain’s rollout delay was announced due to regulatory issues.

“We really took a step back and decided that we would ensure that all Ts were crossed and Is dotted before we embark on a public sale,” Cam Chell, chairman and co-founder of KODAKOne, told Reuters news agency in an interview.

“I think $50 million is our sweet spot,” Mr. Chell said.

Blockchain is the digital system behind the likes of Bitcoin, and is a shared database of information that maintained and kept in check by a network of computers connected to the internet.

A similar strategy was utilized by Filecoin in the late summer and early Autumn of last year, and some $200 million was raised by the network that facilitates the storage, retrieval and transmission of data, reported Reuters.


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Crypto Investors Expect Trades to Continue after India Ban

By Eli Ridder | @EliRidder

After India’s government decided in early April to block official financial institutions from carrying out formal cryptocurrency transactions, trade activity has increased with strength. 

Reports citing exchange operators, investors and observers say that Indians are quickly taking advantage of the three-month window given by the Reserve Bank for institutions to cut off cryptocurrency traders and exchanges.

Those that invest now are able to convert digital funds into the formal rupees currency and rupees into crypto, which can later be switched for other coins via the private trading platforms well established locally and internationally.

Prices of the unstable Bitcoin in India are back up to 618,000 rupees or $9,570 USD, recovering from a low of 350,001 rupees after the central bank’s announcement in early April.

Several investors, according to Reuters news agency, are holding out that New Delhi will curl back on their crypto legislation and instead regulate the cryptocurrencies over the complete ban.

Legislatures fear digital money could be used to finance illegal activities, with the finance minister saying that they should be banned from being used as a payment system.

A conglomerate including members from the central bank, the finance ministry and market regulator Securities and Exchange Board of India is expected to soon formulate a recommendation on what to do next, local reports say.

This comes a week after Iran made a similar move, but for different reasons, with Tehran citing concerns of money-laundering amid an economic crisis proceeding a potential return of sanctions due to the United States pulling from the nuclear deal.

An Iranian official announced on Saturday that the country has developed a local digital currency.

“The central bank’s [ban] does not mean the prohibition or restriction of the use of the digital currency in domestic development,” government minister Mohammad Javad Azari-Jahromi was quoted as saying by state news agency IRNA.

“Last week, at a joint meeting to review the progress of the [local cryptocurrency] project, it was announced that the experimental model was ready.”

India, considered the world’s largest democracy, has been challenged in court by crypto traders, who say that the ban is unconstitutional, and pushing digital money out of the official banks is counterproductive as it will be easier for fraud to occur.

Lawyers are advising crypto clients to hold onto their investments and take a “wait and see” approach to the current situation, with some trading moving to peer-to-peer networks or social media services such as the popular Telegram app.

“Unlike fiat currency, prices of virtual currencies are based on people’s beliefs and aspirations,” BuyUcoin’s Thakral told Reuters.

“The long-term vision for us and the people who are investing now is that cryptocurrencies are here to stay.”


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Glenn “Kane” Jacobs Chokeslams Opposition

By Mike McCosker | United States

Thursday May 3, 2018, at 1:30pm, Glenn Jacobs, more commonly known by his WWE ring name, Kane, won the Republican nomination for mayor, in Knox County Tennessee. Voting took place in the county on Tuesday, but all votes were tallied, and results were officially released Thursday.

This may proverbially seal the deal for the 51 year old former WWE Superstar, as Knox County has historically voted Republican in almost all elections. The race was tough for Jacobs, and his main opposition to the seat, Commissioner Brad Anders, was only 17 votes behind. 1

Jacobs has been wrestling for the WWF/WWE since 1995, and has been one of the company’s mainstays since donning the moniker of Kane in 1997. 2 At this time, it is not clear if Jacob’s winning the nomination means that the character of Kane will continue to wrestle, or if he will retire from the WWE. Jacobs last performed for the WWE at WrestleMania 34, and lasted until the final four. 3

For the past few years Jacobs has become very involved in the Knox Country area. He built a business, Jacobs Insurance Associates, champions the Kindness Revolution, a national anti-bullying initiative, and created Kane’s Crusaders, a non-profit organization that desires to “bring joy to the chronically ill teenagers of East Tennessee.” 4

The good news about Jacobs joining the political cult of personality, is that he has described himself as a conservative libertarian. On his campaign website, Jacobs condenses his political opinions when he said, “We understand that hard work, ability, and the willingness to succeed should be rewarded and encouraged. We understand that people should enjoy the fruits of their labor, not see their efforts wiped out by high taxes. We understand that the free enterprise system—the greatest wealth producing machine the world has ever known—shouldn’t be crippled by over-regulation, but it should be unleashed so that the American Dream is available to everyone.” 4


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A New Hope for Congress – Jason Hope for House of Reps

By John Keller | United States
Jason Hope is the libertarian candidate for Congress in Texas’ 31st Congressional District.
Keller: What inspired you to pursue a career in politics?
Hope: I have thought about running for office for many years, I was first inspired by Ron Paul.  Ron Paul showed me that you could be a politician and stand on principles.  When I realized that you could be a principled politician and could actually help people in the quest for freedom I was all in!
Keller: With such a political duopoly by the Democrats and Republicans, what made you join the Libertarian Party?
Hope: I joined the libertarian party because it is the party of principle, they believe in the non-aggression principle which means I can live my life as I please as long as I don’t harm anyone else.  This is a great philosophy, which extends to so much that the government has overreached on.  If it is wrong to take something from someone by force than how do we allow taxation of any form?  The only thing the other two major parties believe is how to attain more power and money.  After considering all of that it was a very easy decision.
Keller: In your own words, what is a Libertarian?
Hope: A libertarian is a voluntarist who believes people should be free to live their lives how they choose to live, as long as they don’t try and impose there way of living on anyone else (that’s the best part I think, we can have gun restrictions that I don’t agree with just do it somewhere else away from me and I probably wont go there and visit but that is freedom).
Keller: What policy and change do you hope to bring to Congress?
Hope: There is several things I want to change with congress.  I would like to drastically reduce spending especially on the military budget.  I would like to reschedule Cannabis so it is no longer considered class 1 felony.  I would heavily push to audit the federal reserve so we can take our currency back and end the income tax.  I would also push to reduce regulation on business and commerce to allow the free market to thrive better so we have a better economy. Lastly I would like to end many government agencies including but not limited to the department of education, EPA, DEA, CIA and I’m sure I could go on for a while with this list.
Keller: Although Libertarians tend to believe less laws and less government is better, what is one law you would like to see passed?
Hope: If I had to come up with a law I would want passed it would have to be that the president or anyone who can be held liable that aided in the attack/waging of war on another country without congressional approval would be arrested and subject to criminal trial.
Keller: If elected to Congress, how will you see legislation passed through the duopoly majority?
Hope: The only way I have ever been able to get anyone to aid in the quest for liberty is stand on my principles and speak out hoping the rest will hear the message and realize what they are doing is wrong and correct the mistake.  I was a die hard republican for many years until I was shown there is a better way of liberty and true individual freedom, so if I can hear that message so will others.
Keller: Donald Trump has been very controversial to say the least. In Congress would you work with President Trump to get his agenda passed?
Hope: That is a broad statement, first we have to figure out what his agenda is.  He campaigned on bringing troops home and ending wars abroad but so far I have heard the drums of war only get louder. He has flip flopped on many things just like so many presidents before him.  I would work with him if it was to reduce government or something of the like, but to say I would help get his agenda passed 100% would be a lie.
Keller: What is the key to winning your election? If someone wanted to get involved, how would they do so?
Hope: Getting the message out to the people of District 31 in Texas that they have a principled candidate with their freedom in mind.  Go to my Facebook page you can message me and we can figure something out to help, also like and share it with others in that district tell them to vote libertarian.  I am self funding this campaign so I don’t really have any money for the campaign but if people want to make a sign or whatever I encourage individuals to speak out in their community on my behalf as long as it aligns with what my message is. 
Keller: Do you have any final remarks for the readers?
Hope: I believe the time has come to take our liberties back, the people are tired of politics as usual and Donald Trump being elected speaks volumes to this. Regardless if he has stuck to his word or not, the message he put out of ending wars and eliminating federal overreach with regulation and reducing welfare etc is why he was elected.  If the people realize there are people running for office who really mean what they say, the Democrats and Republicans will have no chance.   Also my district is a military district which has Fort Hood as part of it, so I have decided that if elected I would give $100,000 of the $174,000 congressional yearly salary to help veterans coming home from these illegal wars with PTSD and also help organize local militia to have local protection against all enemies foreign and domestic.
Thank you Mr. Hope for your time. Be sure to visit his website if interested in getting involved.


 

Think Differently – Jarvis for NH Governor

By John Keller | United States

Jilletta Jarvis is a proud mother from Sandown, NH and is running for governor to, as stated on her website, “Work with experts, find the best solutions possible for the people she represents, and do everything in her power to cut costs and come in under budget.” She is running under the campaign slogan “Think Differently. Vote Differently.”

Keller: You’re running for governor. What inspired you to pursue the office and begin a career in politics?

Jarvis: I am honestly tired of the elitism and political status quo practiced by the typical politician.  The practice that we continue to do that that have failed, but throw more money at them as a way to fix a problem has not been working, we need outsiders of the political process – people who have to live with the consequences of bad laws, people who have had to budget, who are willing to look for new solutions, to evolve political process and look to solutions that work.  People who are willing to work for the people instead of simply blaming failures on the opponent party.  I was raised with the philosophy that if you can see the solution and you can be the solution then you step up and do it.  So I am stepping up to be part of the solution. 

Keller: You are running as a libertarian. The media often portrays it as anarchy and no government. What is libertarianism to you?

Jarvis: Every party has members that interpret the Party’s Platform in different ways. This diversity is helpful to the general population, though not entirely so to a political party as a Political Party is supposed to be a brand so that voters can understand better what they will be getting if they vote for a member of that party. While there most certainly are anarchists in our party, mostly the party is about minarchism – or those who support small government that is dedicated to providing certain services/protections.  These includes the protection of life, property, and the equal pursuit of happiness.  Libertarians do not believe that government should bail out failing business regardless of how big they are. The one thing that every member of the Libertarian Party agrees on is that no one has the right to use violence against another in order to get what they want and that your rights do not entitle you to infringe upon another person’s rights.  

Keller: Branching off of that last question; what attracted you, and what should attract voters, the message of libertarianism?

Jarvis: In NH, we tend to be individualists.  We want to live simple lives free of the interference of others.  This is a very libertarian philosophy.  We want you to have the right to be who you are, keep government out of your bedroom, allow you to keep more of your money in your pocket, and we believe the government should be protecting those rights, being responsible when budgeting with the money they have been allowed by the people, and that they should always be responsible to you – not the other way around.  I think a lot of people in NH are attracted to this idea.

Keller: What is the first thing you want to see accomplished should you be elected the next Governor of New Hampshire?

Jarvis: Transparency.  I want every person in NH to have the ability to know what’s going on in the state without having to fill in a form in triplicate to get the information.  I would also appoint a group to oversee public employee complaints and act on them as if a person is being paid by tax dollars they should be held to a higher standard.  I also would appoint a commission of educational professionals and real people to start working on the educational funding issue in NH and how to incorporate school choice without raising taxes.  I would start putting together a balanced budget that takes into account future spending as well as fiscal year and find ways to reduce that spending with as little negative impact to people as possible.  Such as working on fixing the welfare system in NH.  It rewards people for being out of work instead of helping them get back to work.  This is backwards thinking and needs to be fixed.

Keller: Minimum wage is becoming a growing issue in America, but notably in New Hampshire where business on the border with Massachusetts, where the minimum wage is $11/hr, is struggling to compete. What do you plan to do, as governor, to help struggling businesses and what are your plans with the minimum wage?

Jarvis: I would not institute a minimum wage.  It has already been proven that in order to compete with Massachusetts employers, NH employers are voluntarily raising their own wages.  This is exactly what the Libertarian Party suggested would happen and it has.

Keller: A campaign is defined by its planks. What three planks define your platform? In other words, what three policies are most important to you?

Jarvis: Economy

  • Each year the state budget has gone up which increases the cost to do business in the state and raises property taxes.
  • Lowering the State Budget so that less money is required from individuals and businesses would allow individuals and businesses to grow and succeed with-out having to leave the state to do so.
  • The wealthy should not be the only people to be entrepreneurs in New Hampshire. By reforming our Occupational Licensing requirements we would be allowing fair and equal opportunity for entrepreneurship to all people in the state.

Drug Policy

Your health and well being is important to Jilletta. It has been proven that cannabis is an effective treatment in many ailments including type 2 diabetes and obesity. It has also been proven that it is not a gateway drug and the possibility of overdosing on it are so small that it could be said to be impossible. Jilletta would support the legalization of this drug and promote its use in the treatment of those addicted to opioids as it has proven affective to end addiction of those drugs that can lead to death. Jilletta would also invite the lawmakers from Portugal to come and speak with the legislature regarding their success at cutting their drug addiction rates in half in just 10 years. It’s time to start using proven successful methods instead of the failed “drug war” which has seen violence and death due to drugs increase, not decrease.

  • The Law Enforcement Action Partnership cites the War on Drugs as the root of the problems in today’s society and that drug abuse is a health problem, not a law enforcement matter.(https://lawenforcementactionpartnership.org/our-issues/drug-policy/)
  • Drug abuse and related violence across the globe grow and flourish under prohibition.
  • There has been proven success in decreasing the number of drug deaths and addiction rates in other countries.
  • Reforming our policies and practices to those with proven success would serve not just those addicted, but all of our communities.

Accountability

Government belongs to the people. The only way they can know if their representatives are fulfilling their campaign promises is through government transparency.

  • This means data should be easy to access and to understand (including the budget)
  • Elected officials are not the only government employees and while the voters are able to hold them accountable on election day, other employees should also be held to high standards. NH Courts, Departments heads, and other areas paid for with tax payer money should be held to the highest standards possible.

Keller: Branching off of the last question, how are these things accomplished? What would that legislation or that action look like?

Jarvis: Economic Change is about fixing some regulations – such as the energy regulations that prevent businesses from thriving in NH and the Occupational Licensing requirements that sometimes require a person get a degree in something that has nothing to do with the business they are trying to get into, thus preventing lower income people from bettering their lives for no benefit to the occupation.  This will take working with the legislature in order to review and fix the regulations already in place.  It also means working on our property tax issues (thus education funding) as if business grows, the property taxes need to go down so that employees have some place to live.  I would also veto any law that stifles economic growth in NH.

Drug Reform – Again, working with the legislators on a clear law that identifies Cannabis legalization, age requirements, sale/distribution rights, home cultivation rights, pardons for non-violent offenders already in the system, and relocation of funds from the criminal system to the medical system for treatment.

Accountability – An executive order to form an oversight committee would be my first executive order as governor.  Then I would work with employees to make website changes for ease of access and searchability for anyone looking to find public information, required forms, business requirements, etc.  Also the Weekly FaceBook Live events that I hold every Thursday at 7pm would continue so that every person continued to have the opportunity to speak to their governor and ask me questions or tell me about issues without having to set up an appointment or come to Concord.

Keller: What sets you apart from the incumbent governor, Chris Sununu, and the potential democratic nominees?

Jarvis: People know where I stand.  I do not say I will do one thing and then do another.  I don’t blame the other parties for things I have not done, nor will I.  If people want a candidate who will allow them to keep all of their rights, including their right to purchase a firearm for protection like my Republican opponent promises and also want a candidate who will give them legalized cannabis and fight for equal rights for all citizens like my Democratic opponents promise – there is only one option – me.  Add to this that I want to find ways to lower their tax burden and that I am a political outsider – unlike any of my opponents and you have only one candidate who is truly fighting for the people of NH.

Keller If people want to get involved with your campaign, where can they get in contact with you?

Jarvis: People can reach out to me on my FaceBook page www.facebook.com/Jarvis4Gov, through twitter @Jarvis4Gov, through email at [email protected].  To volunteer, they can fill in a form on my website at https://JillettaJarvis4NH.com/volunteer. To donate to the campaign https://JillettaJarvis4NH.com/Donate or to request interviews/media appearances/etc. via email at [email protected]

Keller: Do you have any final remarks for the readers?

Jarvis: Do not let the others convince you to vote out of fear.  It is time to think differently and vote differently.

I would like to thank Mrs. Jarvis for her time in conducting this interview, and be sure to get involved if interested.


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