Andrew Gordon of Gordon Law Group is one of the most knowledgeable professionals when it comes to cryptocurrency. Being both a lawyer gives Andrew a unique perspective that allows him to understand cryptocurrency tax law. In this video, Andrew explains how he got into blockchain, clarifies cryptocurrency taxation, and talks about what makes the Chicago blockchain community special.
0:08 - Who are you and what is your role in the blockchain community? 0:22 - When did you first hear about cryptocurrency and blockchain technology? 1:14 - What can we do to make Chicago the blockchain capital of the world? 2:25 - So you're an both an accountant or a lawyer? ... https://www.youtube.com/watch?v=CpUFUCRDljU
Business on the Blockchain is a new series aimed at keeping you up to date on all of the big business moves towards blockchain technology. More and more businesses are exploring cryptocurrencies and blockchain, and we're here to help you understand how some of these businesses are making this transiton. It's an exciting time for blockchain adoption, check out which businesses are jumping onto the wave!
Robinhood is a Palo Alto based start up with a simple goal: give the average person the ability to invest without the help of an outside broker. Previously you had to go to brokers, which charged a fortune. Then you had e-trading platforms that would charge per trade in order to cover overhead.
Robinhood is vastly undercutting Coinbase's fees which can reach 4%. They are essentially not looking to make a profit on their crypto trading platform. Instead, they figure by giving away this service for free they can direct people to their traditional stock services, which, of course, they do charge for.
Robinhood Cryptocurrency: https://crypto.robinhood.com/
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https://www.youtube.com/watch?v=doVQlwYA4H8
Join our resident expert, Taylor Gerring, as he explores the differences between public and private blockchains. He dives into the differences between public and private blockchains, compares their differences, and ultimately answers which type of blockchain he expects to see in the future.
Hierarchical Deterministic (or HD for short) is way of automatically generating new payment addresses based a series of special calculations. Check out the video to learn more.
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In this episode of WTF is, we cover the popular cryptocurrency exchange Coinbase.
Coinbase is one of the most popular places to buy cryptocurrency.
Founded in 2011 by Brian Armstrong and Fred Ersham, Coinbase was launched with the main goal of being the most accessible cryptocurrency exchanges. They have come a long way since then, with over 13 million users as of November 2018. Check out the video for a complete rundown of Coinbase and its services.
Coinbase Suite: https://blockchain.wtf/2018/05/series/business-on-the-blockchain/coinbase-suite-ep-010/
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In this episode of ICO or NO, Jeremy will be going over what went down with the Tezos ICO. Tezos claims to have it's own self-amending blockchain-based platform, but can it keep up with it's competitors? Jeremy also addresses the controversy surrounding the project, but is it enough to scare investors away?
Let us know what you think in the comments section below!
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On August 17, the IDF hosted 2nd International Blockchain Congress took place at the Aon Center in Chicago. Leaders in law, business, and government all attended in order to gain a better understanding how blockchain could affect their respective industries.
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https://www.youtube.com/watch?v=tBEe87EbUdU
Visit https://blockchain.wtf to learn even more about cryptocurrency & blockchains!
Welcome to Blockchain A-Z! In this clip, we talk about "uncle block", which are orphan blocks still contributing to the overall security of the main chain, however they are not considered part of the canonical "truth" for that particular chain height
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https://www.youtube.com/watch?v=TJUlSgftnL4
In this episode of WTF is, we cover the difference between blockchain technology and cryptocurrency.
Blockchain and cryptocurrency are some big words being thrown around more and more recently. Blockchains and cryptocurrencies kind of go hand in hand with one another, but they do have some big differences too.
Part of the confusion around what is blockchain versus what is cryptocurrency is due in part that the terms have come into use. Instead of being introduced by formal definition, the term blockchain developed from “chain of blocks.” Cryptocurrency is a sort-of portmanteau of “cryptographic currency.” But the fundamental difference between these concepts has to do with how distributed ledger technology is used. Our video gives you the run down!
Other information resources:
WTF is cryptocurrency?: https://blockchain.wtf/wtf-is-cryptocurrency/
What is a blockchain?: https://blockchain.wtf/what-is-blockchain-faq/
What is decentralization?: https://blockchain.wtf/centralization-vs-decentralization/
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https://www.youtube.com/watch?v=WdIeQofzsOM
Industry Impacts is a series examining the disruptive potential that blockchain can have on several professional fields.
The blockchain is perfect for adding accuracy and transparency to accounting. From easy auditing to streamlined taxation, blockchain technology is perfectly suited to disrupt the accounting industry.
Learn more about what is in store for accounting in this Industry Impact!
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