Apr 052013

In response to the growing interest in Bitcoin, Crowdfunding, and related topics, I am developing an online course that focuses on post-Industrial entrepreneurship. This is to be a practical and fairly standard university-style course that I will host in Moodle on this website. (My plan is to devote summer 2013 to getting the first version of the course up, in time for the publication of the JOBS Act rules in the USA.)

This is a request for topics to include in the outline of the modules that focus on Bitcoin, Crowdfunding, Chilean incorporation, and other recent innovations. The idea is to go back to Adam & Eve, and to lead the student through the curriculum, as if he or she were six years old. My target market is the non-techie who is selling services or information goods, or is doing small-scale international trade. The course is to be open to anyone in the world who has access to the Internet.

By way of background, I teach Finance in South Florida, and I am a veteran of the first wave of moneypunk ‘electronic currencies’ back in the 1990s. The mood of the day now feels very much like those heady days two decades ago leading up to the Dot.Com Boom, that saw the birth of Amazon, Google, PayPal, and Yahoo!, and later Facebook, Skype, and YouTube.

Any suggestions and links to resources will be greatly appreciated, and I will be glad to acknowledge publicly anyone who likes that kind of recognition. I already have a large collection of resources, and redundancy of recommendations will be seen as confirmation.

Invest accordingly,

Prof. Evans

Mar 192013

Approximately once per decade, the market experiences a Gold Rush, a once-in-a-lifetime opportunity that, once missed, is gone forever.

Examples include the introduction of competitive long-distance telephone service in the USA in the 1980s and mobile telephones after that; two- and three-letter domain names in the late 1990s; privatization in newly democratized countries; etc.

Bitcoin appears to be such a Gold Rush, especially now that it has received the regulatory green light in the USA.

A user of virtual currency is not an MSB under FinCEN’s regulations and therefore is not subject to MSB registration, reporting, and recordkeeping regulations. However, an administrator or exchanger is an MSB under FinCEN’s regulations, specifically, a money transmitter, unless a limitation to or exemption from the definition applies to the person. An administrator or exchanger is not a provider or seller of prepaid access, or a dealer in foreign exchange, under FinCEN’s regulations.”
Guidance: Application of FinCEN’s Regulations to Persons Administering, Exchanging, or Using Virtual Currencies
Financial Crimes Enforcement Network (FinCEN), 18 March 2013

Invest accordingly.

Prof. Evans