BUSINESS

News is what somebody somewhere wants to suppress; all the rest is advertising.

Lord Northcliffe, British publisher 1865-1922
Blog Posts | Marquez Comelab | 27 Mar 17 | Update: 27 Mar 17 | Full View
Bitcoin is splitting between BTC and BTU. BTC is Bitcoin Core and BTU is Bitcoin Unlimited.  Why is Bitcoin splitting? Bitcoin is splitting because it is growing in use and popularity. It is considered normal that new technologies go through such growing pains. Put simply, Bitcoin is approaching a technical limit (1MB block size).This poses issues about how the system can handle more transactions. For years, the Bitcoin community had been discussing how to solve it.
Blog Posts | Marquez Comelab | 17 Dec 16 | Update: 17 Dec 16 | Full View
Like most people, I had a quiet confidence that Hillary Clinton was going to win the US election. “If Trump is lucky enough, the number of votes he will get might come close but, Hillary will pull through in the end”, I thought. Like those those in the Clinton camp who began their pre-emptive celebrations popping open champagne bottles, I was shocked to find out that Trump had won.  How can Americans vote for a man who makes up facts, blatantly lies and makes up his own statistics without caring to know whether his opinions are in fact based on anything with substance? 
Blog Posts | Marquez Comelab | 11 Dec 16 | Update: 11 Dec 16 | Full View
Looking at the last few months, comparing the exchange rates between Bitcoin, the Australian dollar, the Euro and the US Dollar, as well as the news in India, Europe and China, there is tension visible on the trading charts.  Traders and investors seem to be jostling for positions and placing their bets. It seems optimistic to me. There's a heightened probability that Bitcoin is about to strongly push above its current price.
Blog Posts | Marquez Comelab | 25 Oct 16 | Update: 24 Oct 16 | Full View
Brexit has raised a few problems for people and companies in the UK, now that its people have voted to exit the EU. Estonia, a smart cookie, in this story is wanting to provide a solution for those who wish to remain part of the EU. From what I understand, you can incorporate in Estonia, without being a resident or a citizen there. It is an interesting proposition to look into. I am all for giving governments competition for their services.
Videos | Marquez Comelab | 25 Oct 16 | Update: 24 Oct 16 | Full View
I love videos that compress a tonne of information in a few short minutes. Here's one to give us a short history of the Mafia. 
Videos | Marquez Comelab | 25 Oct 16 | Update: 24 Oct 16 | Full View
In addition to what I blogged about yesterday, about the European Central Bank wanting more control over Bitcoin, Andreas Antonopoulos talks about Hard Promises and Soft Promises, about Autonomy instead of Authority.  I am definitely with him. Bitcoin's Blockchain feature of unalterable record of all transactions is not a weakness. It is a strength. Do not change it. Being able to change the details of transactions is like being able to change how history is written in textbooks. 
Blog Posts | Marquez Comelab | 24 Oct 16 | Update: 24 Oct 16 | Full View
According to an article (link below) : "The European Central Bank (ECB) has proposed a directive of the European Parliament and of the Council stating that ‘virtual currencies do not qualify as currencies from a Union perspective,’ and wants digital currencies to be explicitly defined as not legal currencies or money... the use of digital currencies, such as bitcoin, pose a threat as terrorists and criminal groups are able to transfer money within digital currency networks with a certain level of anonymity." Because of this, the ECB is discouraging the promotion of Bitcoin.  
Book page | Marquez Comelab | 03 Sep 16 | Update: 03 Sep 16 | Full View
This has been something I've always observed: our tendency to relate to fictional characters. Apparently, it has a term: Parasocial Interactions. 
Blog Posts | Marquez Comelab | 19 Jun 16 | Update: 20 Jun 16 | Full View
According to an article by The Register (Last accessed: 18 June 2016),  "CIA director John Brennan told US senators they shouldn't worry about mandatory encryption backdoors hurting American businesses. And that's because, according to Brennan, there's no one else for people to turn to: if they don't want to use US-based technology because it's been forced to use weakened cryptography, they'll be out of luck because non-American solutions are simply 'theoretical'".
Blog Posts | Marquez Comelab | 18 Jun 16 | Update: 18 Jun 16 | Full View
We need a currency that no longer relies on national governments. We need a planetary currency. Bitcoin may be it.
Blog Posts | Marquez Comelab | 17 Jun 16 | Update: 17 Jun 16 | Full View
I heard about Bitcoin around 2012 but I just sat and waited to see if I would hear more of it.  I really got interested about Bitcoin when I heard an interview of an entrepreneur starting a business providing Bitcoin services and his reasons for why it is a good currency.  Bitcoin is a long term play for me. By long term, I mean one, two or three decades. It is not something I want to trade on a weekly, let alone daily basis. The spreads are too far apart in relation to its daily movements. 
Article | Marquez Comelab | 17 Apr 16 | Update: 19 Apr 16 | Full View
Every now and then, you see Taxi Drivers of a country, or recently, a continent (South America), protesting against Uber.  At home, in Australia, I get around with my car. I used Uber once to get home from a night out after being introduced to it by a friend. I thought it was great: I could already see the driver's details, a photo of his car and his licence plate number even before he came to pick me up.
Commentary | Marquez Comelab | 25 Mar 16 | Update: 08 Aug 16 | Full View
Dr. Jim Chalmers MP is the Federal Member for Rankin. He is the Shadow Minister for Financial Services and Superannuation, the Shadow Minister for Sport, and the Shadow Assistant Minister for Trade, Investment and Productivity, wrote an article and argued for Australia taking advantage of Blockchain. 
Q & A | Marquez Comelab | 20 Mar 16 | Update: 20 Mar 16 | Full View
There are variations to this question. For example: How much does it cost to build a Social Networking site, a Dating Site, a car sales site, a mobile phone exchange site? People used to ask about websites to sell their products and their services locally but now, they want to know how to build a Social Networking site, be the next eBay, Facebook, Twitter, Google, Real Estate site, etc.
Q & A | Marquez Comelab | 28 Oct 15 | Update: 25 Mar 16 | Full View
Qualifications is probably not a good term. Its a word that more or less belongs to academia, job - seeking, etc type-of-thinking.  To start a business, you don't need one set of "qualifications" as such because you can always compensate for your weaknesses.  But if there are a few traits that I think would be important to do business, it would be the following:  
Q & A | Marquez Comelab | 28 Oct 15 | Update: 25 Mar 16 | Full View
Have you ever heard of Bill Gates and Warren Buffett? They have given most of their wealth away to charity.  So long as consumers are educated and they have access to the information they need to reward the businesses that serves their purpose and buy from them, I'm confident business and businesses are a tool for good. 
Q & A | Marquez Comelab | 23 Oct 15 | Update: 25 Mar 16 | Full View
Equity: Ownership of the company. If you don't have money and you want someone to take a risk with you at the start of your new venture, the only thing that makes sense to me is equity. You give them a percentage of the company. If you want and expect that person to work as hard as you do, then give him/her equal percentage: 50% if there's two of you,  33% of there's 3 of you, 25%if there's four, etc.
Q & A | Marquez Comelab | 19 Oct 15 | Update: 25 Mar 16 | Full View
As far as I know in Australia, a disabled person can start a business similarly to any able-bodied person. Unless the disability affects someone's mental and reasoning capacity, s/he is free to register  business name, Australian business number, register with the tax office for GST,  etc... And operate a business.  Please note I'm not a lawyer nor an accountant. I just studied business and commercial law years ago so I don't know if there's been any changes. Although i haven't come across legal obstacles relating to a person with disability legally starting a business.
Q & A | Marquez Comelab | 17 Oct 15 | Update: 25 Mar 16 | Full View
I suppose it depends on the business. However, I don't necessarily think so. If you happen to have a family who feels the same way you do about the same business them that's great, you should do business with them. The reality for most families though is that they are not really passionate about the same things.  A business deserves to have the right people for the right jobs and family members ought to be free to choose any organisation to maximise their potential. Because of these, I don't think businesses should be familial. 
Q & A | Marquez Comelab | 14 Oct 15 | Update: 25 Mar 16 | Full View
Important sections for a business plan? I would say...1. Research and Marketing Strategy You present your case about the opportunity available and why you, your team and your business are going to be best positioned to take advantage of this opportunity. Do a SWOT (Strengths, Weakness, Opportunities, Threats) Analysis. 2. Operations, Business Model, Law and Regulation