Category Archives: Financial

Jed McCaleb starts Stellar Development Foundation for Digital Financial Literacy

GC Report recently published the article titled “The Road to Building Stellar with Jed McCaleb on Block Zero”. The article discusses how the new technology of the blockchain project, Stellar.

Stellar’s co-founder, Jed McCaleb, first discovered Bitcoin via an article on the popular technology website, Slashdot. He was immediately enchanted by the idea, thinking it would be interesting if there was a currency that was not controlled centrally. One of the first things he created himself was Mt. Gox, a centralized website to trade Bitcoin. At one point, it even accounted for the majority of cryptocurrency trading. McCaleb sold the software nearly a year later, in 2011, to a software developer. After it was sold, it experienced a hack in 2014 that was fairly significant.

However, at the time, McCaleb was busy trying to solve one of the issues within Bitcoin. Though it was gaining in popular awareness and acceptance, many noticed an issue within the currency’s foundation. The process of mining the currency bothered McCaleb particularly. He felt there was an issue of efficiency and created a company to try to solve the issue.

In 2014, McCaleb began the Stellar Development Foundation. The company was created as a protocol for payments of the cryptocurrency. He sought to create a connection between all of the different payment networks and financial institutions so that the currency could function in a similar way to email. He felt that the connections needed to occur beyond just the big banks and that they needed to extend to a variety of financial institutions.

As mentioned in Global Coin Report, Stellar began as a nonprofit, sourced for the people. McCaleb wanted to create trust between the organization and people so they would understand it wouldn’t change the business plans. One of the intriguing aspects of the company is that it uses the Byzantine agreement. It is a consensus model created by a professor at Stanford which enables each network to select others that they trust. This creates a web of consensus structures. It also moved away from private chains.

Jed McCaleb has been the founder of a variety of companies like Code Collective and Stellar Development Foundation. He is currently the advisor at the Machine Intelligence Research Institute. Contact Jed McCaleb on LinkedIn today.


Real Estate Investing with Nick Vertucci

The name Nick Vertucci has been making waves for years now and for very good reason. He started from the bottom and worked his way to the top using brains, strategy and taking calculated risks. His school, the Nick Vertucci Real Estate Academy, is the place to be for those looking to get their foot in the door.

Real estate is a sure fire way to provide financial security and freedom if you have the proper tools for a favorable outcome. These tools include great schools in order to learn the trade, teachers who know the industry, and the opportunity to get hands on experience out in the field. nick Vertucci provides this for his students and graduates have gone on to make names for themselves as real estate investors.

Nick can relate to many of his students and had to overcome hardships to get to where he is today. Nick Vertucci was determined to be a success and help with his family. Starting young, Nick enrolled in real estate school and quickly went on to purchase his first flip. This smart move is exactly the type of knowledge that’s given to students when they enroll at his academy.

Students are treated to VIP Bus Tours hosted by the academy to get a hands on look at what it’s like to be a real estate investor. Students are broken into teams and utilize the knowledge they gain from industry professionals. Students are paired with knowledgeable mentors for a more personalized experience at education.

The Nick Vertucci Real Estate Academy has locations in California and Nevada and has a host of events they throw every year. Be sure to check out the academy’s informational website to secure your spot at the academy as spots are sure to fill up fast.

George Soros’s Good Deeds Create Demonic Tales

George Soros was born in Budapest, Hungary in 1930. He emigrated to England in 1947 to achieve higher education and advance his career prospects. Through many years of dedicated learning, hard work, and challenging sacrifice, Soros has become a wealthy hedge fund manager, investor and author. Yet his name circles the globe and has been used immensely in reports by media and governments world wide as the face of a singular ruler of all nations. These claims and conspiracies are not generated because of his cunning business sense, investment moves, or personal wealthy purchases. He is painted as the worlds greatest threat because of his monumental philanthropy.

Soros began his charitable givings in 1979 by establishing a scholarship program for black South Africans. In 1984 he established an agreement between his Soros Foundation and a Hungarian organization to create a foundation that supports countries to move their political establishments away from communism. Since that time Soros foundations have been established in over 100 countries world wide and focus on funding causes that deal primarily with human rights issues and social justices. His global philanthropic organization is called Open Society Foundation.

Over the past 30 years Soros foundations have dispersed some $14 billion to organizations and countries that he feels need support in their enlightened and progressive causes. Funds have helped create higher education schools, given support to watchdog organizations, and have helped protect marginalized communities. He has always been a central voice and promoter of the injustices that he feels strongly about and uses his financial status and value to bring pioneering change and reform.

Though many nations around the world have benefited from his mass charity and support, it is this overwhelming blessing that has now been deemed a curse on political freedom. Soros’s charitable financial support backed the collapse of communism in Europe and funded groups to establish pro-democracy institutions. These kinds of major social shifts that have a precursor of financial support by Soros philanthropy are the basis for conspiracy reports that he is the ruling figure that decides the political and social standards of the world. It’s this type of demonization of his global charity efforts that has given organizations with oppressive views a finger to point at.

Through verbal and written reports, George Soros has been linked as the mastermind of some of the worlds greatest upsets from the revolutions in Georgia to the anti-corruption protests in Romania and even funding the Antifa movements in the United States. However Soros is not the only philanthropist that gives to movements that he feels can make positive change. Yet with his well established world wide Open Society Foundations that fund programs to help communities at a local level, he has become an easy target for antagonists to use as the evil figure under a countries bed trying to steal its soul. But George Soros will continue to give generously to the sides that fight for human rights and civil equality as he has been doing for the last three decades.

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