Bit-X Financial Corp. (OTCQB: BITXF), a digital currency bitcoin exchange and
internet financial services company, today announced that its new exchange
DIGATRADE™ is set to go-live June 29th and will operate under the domain https://digatrade.com/.
http://www.investorideas.com/CO/BITXF/news/2015/06231.asp
Monday, June 29, 2015
Tuesday, June 23, 2015
Bit-X Financial (OTCQB: BITXF) Set to Launch Cryptocurrency Bitcoin Exchange June 29th
Digital Currency News: Bit-X Financial (OTCQB:
BITXF) Set to Launch Cryptocurrency Bitcoin Exchange June 29th
VANCOUVER, BC - June 23, 2015 (Investorideas.com
Newswire) - Bit-X Financial Corp. (OTCQB: BITXF), a digital currency bitcoin exchange and internet financial services
company, today announced that its new exchange DIGATRADE™ is set to go-live
June 29th and will operate under the domain www.digatrade.com.
DigaTrade™ will soft-launch on June 26th for
exclusive users and investors that have previously registered at www.digatrade.com. The
on-ramp group will be the first to set up their accounts and complete the
compliance verification process and start navigating our trading platform.
Brad Moynes, President of Bit-X Financial and
DigaTrade™ stated; "The proprietary trading engine (powered by ANX
technology), provides our customers with access to a shared liquidity
order-book and proven industry partnerships will provide a smooth trading
experience". "The simple trading interface combined with world class
management of high volume, high throughput, low latency trading modeled on the
same LMAX pattern now leveraged by the world's largest Investment Banks makes
DigaTrade™ an excellent choice for your digital asset portfolio".
"We are delighted to offer both our expertise
in cryptocurrency technology and ANX managed services to Bit-X Financial
Corp.," said Dave Chapman, Chief Operating Officer of ANX. "The
completely managed solution relies on a proven technology stack with the
security assurance of a reputable and long serving exchange".
ABOUT BIT-X:
Bit-X
Financial Corp is a Vancouver; British Columbia based Company listed on the
OTC.QB under the trading symbol BITXF. The Company owns and operates a digital
currency exchange and internet financial services Company; [DIGATRADE™]. BITXF
is a reporting issuer in the Province of British Columbia, Canada with the
British Columbia Securities Commission "BCSC" and in the United
States with the Securities Exchange Commission "SEC". The exchange
will initially offer Canadian dollar payment processing via Electronic Funds
Transfer "ETF", and bank wire transfers followed by US dollar payment
processing via credit cards including Visa & Mastercard.
CORPORATE CONTACT INFORMATION:
Bit-X Financial Corp
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
SOURCE: Bit-X Financial Corp.
Published at the
Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/
Disclosure: The Investorideas.com newswire is a third party
publisher of news as well as creates original content as a news source.
Original content created by investor ideas is protected by copyright laws other
than syndication rights. Investorideas is a news source on Google news and
global syndication partners. Our site does not make recommendations for
purchases or sale of stocks or products. Nothing on our sites should be construed
as an offer or solicitation to buy or sell products or securities. All
investment involves risk and possible loss of investment. This site is
currently compensated by featured companies, news submissions and advertising.
Contact each company directly for press release questions. Disclosure is posted
on each release if required but otherwise the news was not compensated for and
is published for the sole interest of our readers. Disclosure: BITXF is a PR
client of Investorideas.com and compensates us for news publication, PR and
media. (May 1, 2015 – 6 months - two thousand five hundred per month and 144
shares) More info: http://www.investorideas.com/About/News/Clientspecifics.asp and http://www.investorideas.com/About/Disclaimer.asp
BC
Residents and Investor Disclaimer: Effective September 15 2008 - all BC
investors should review all OTC and Pink sheet listed companies for adherence
in new disclosure filings and filing appropriate documents with Sedar. Read for
more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country
Thursday, June 18, 2015
NXT-ID, Inc.'s (NasdaqCM: NXTD) CEO Gino Pereira Talks About the Wocket Smart Wallet on WABC Radio, New York City, June 20th
OXFORD,
CT - June 18, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD; NXTDW)
("NXT-ID" or the "Company") a biometric authentication
company focused on the growing mobile commerce market announces that its
Wocket® smart wallet will be the topic of a featured segment on "Money on
the Mark", scheduled to air on WABC Radio (am770) in New York City June
20th.
The
broadcast air- time for the extensive one hour interview will be from 7:00 to
8:00pm EST. NXT-ID, Inc.'s CEO Gino Pereira will be discussing its innovative
secure payment technology, Wocket, in addition to other company advances in the
areas of m-commerce and biometric solutions. The program can be heard streaming
worldwide on www.wabcradio.com ("Listen Live").
WABC
Radio is the #1 talk-radio station in America and is heard in 38 states and
Canada.
CEO
Gino Pereira said," Now that Wocket® is commercially available to
consumers; we are excited to have a venue like this to educate listeners to all
of its benefits and features.
Wocket
acts like a personal vault, keeping all your payment information and identity
secure. When you need a card, Wocket programs its single smart WocketCard to
become any one of your stored cards. And unlike other technologies, it works
without requiring your smartphone."
Wocket® is the smartest wallet you'll ever own. Designed to
protect your identity and replace your old wallet, simply swipe and save your
cards into Wocket once and they are immediately secured with pin and biometric
voice print technology. Without ever needing a smartphone, you can choose a
card from the touch screen and Wocket programs its single, smart card (Wocket
Card) to match your selection. From there, you just swipe as you normally would
virtually anywhere that credit cards are accepted today.
All your credit, debit, loyalty, gift, ID,
membership, insurance, medical information, passwords, and virtually any other
information can be protected on Wocket®.
About WABC:
WABC, Breaking News &
Stimulating Talk: from its heyday as the pioneer of Top 40 radio, to its
success as the most-listened-to talk radio station in the country, WABC
continues to reflect the spirit, energy, and excitement that is New York!www.wabcradio.com
About NXT- ID Inc. - Mobile
Security for a Mobile World: (NXTD) (NXTDW):
NXT-ID,
Inc.'s innovative MobileBio® solution mitigates consumer risks associated with
mobile computing, m-commerce and smart OS-enabled devices. The company is
focused on the growing m-commerce market, launching its innovative MobileBio®
suite of biometric solutions that secure consumers' mobile platforms led by
Wocket®; a next generation smart wallet designed to replace all the cards in
your wallet, no smart phone required. Wocket was recognized as one of the top
technology products at CES 2015 by multiple media outlets including Wired.com.
The Wocket® works anywhere credit cards are accepted and only works with your
biometric stamp of approval. http://www.wocketwallet.com/
NXT-ID'
wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and
has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking
Statements for NXT-ID: This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements reflect management's current expectations, as of the
date of this press release, and involve certain risks and uncertainties.
Forward-looking statements include statements herein with respect to the
successful execution of the Company's business strategy. The Company's actual
results could differ materially from those anticipated in these forward-looking
statements as a result of various factors. Such risks and uncertainties
include, among other things, our ability to establish and maintain the
proprietary nature of our technology through the patent process, as well as our
ability to possibly license from others patents and patent applications
necessary to develop products; the availability of financing; the Company's
ability to implement its long range business plan for various applications of
its technology; the Company's ability to enter into agreements with any
necessary marketing and/or distribution partners; the impact of competition,
the obtaining and maintenance of any necessary regulatory clearances applicable
to applications of the Company's technology; and management of growth and other
risks and uncertainties that may be detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.
Contacts:
Media:
D. Van
Zant
+1-800-665-0411
press@nxt-id.com
+1-800-665-0411
press@nxt-id.com
Published at Investorideas.com
Sign up for free news alerts
Disclaimer/
Disclosure: The Investorideas.com newswire is a third party publisher of news
and research as well as creates original content as a news source. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Investorideas is a news source on Google news and
Linkedintoday plus hundreds of syndication partners. Our site does not make
recommendations for purchases or sale of stocks or products. Nothing on our
sites should be construed as an offer or solicitation to buy or sell products
or securities. All investment involves risk and possible loss of investment.
This site is currently compensated by featured companies, news submissions,
content marketing and online advertising. Contact each company directly for
press release questions. Disclosure is posted on each release if required but
otherwise the news was not compensated for and is published for the sole
interest of our readers. Disclosure: As of January 1, 2015 NXT-Id renewed for
five thousand per month and long 144 shares for media and PR services and news
publication. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
Monday, June 15, 2015
Bit-X Financial (OTCQB: BITXF) Brands New Bitcoin Exchange Digatrade™ Prior to Launch; Go-Live June 2015
Bitcoin News: Bit-X Financial (OTCQB: BITXF) Brands New Bitcoin
Exchange Digatrade™ Prior to Launch; Go-Live June 2015
VANCOUVER, British Columbia - June 15, 2015
(Investorideas.com Newswire) - Bit-X Financial Corp. (OTCQB: BITXF), a crypto-currency bitcoin exchange and internet financial services
company, today announced that its new exchange, set to go-live later this
month, will be branded and marketed under the new trade name of DIGATRADE™ and
will operate under the new domain www.digatrade.com. The current domain
bitxfin.com will redirect users to the new site.
The following table provides the Trademark Registration
details for Canada and the United States:
Brad Moynes, President of Bit-X Financial Corp.
said "Our newly branded exchange; DIGATRADE™ provides us with a niche
branding strategy and differentiates us in the digital currency market. The
investment bank grade trading platform, global liquidity order-book and
experienced industry partnerships will provide our users a smooth trading
experience."
As previously stated users can now pre-register on
the company's website at www.digatrade.com. "We are very excited
to launch our exchange as the global interest and recognition of the Blockchain
and Bitcoin rises within the established financial communities" stated
Brad Moynes, President of Bit-X Financial.
Read this release
in full at
ABOUT BIT-X:
Bit-X Financial Corp is a Vancouver; British
Columbia based Company listed on the OTC.QB under the trading symbol BITXF.
Bit-X Financial Corp has executed an exclusive North American crypto-currency
exchange development and services agreement with Hong Kong based ANXPRO. BITXF
for is a reporting issuer in the Province of British Columbia, Canada with the
British Columbia Securities Commission "BCSC" and in the United
States with the Securities Exchange Commission "SEC."
CORPORATE CONTACT INFORMATION:
Bit-X Financial Corp
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
SOURCE: Bit-X Financial Corp.
Published at the
Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/
Disclosure: The Investorideas.com newswire is a third party
publisher of news as well as creates original content as a news source.
Original content created by investor ideas is protected by copyright laws other
than syndication rights. Investorideas is a news source on Google news and
global syndication partners. Our site does not make recommendations for
purchases or sale of stocks or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated by featured companies, news submissions and advertising.
Contact each company directly for press release questions. Disclosure is posted
on each release if required but otherwise the news was not compensated for and
is published for the sole interest of our readers. Disclosure: BITXF is a PR
client of Investorideas.com and compensates us for news publication, PR and
media. (May 1, 2015 – 6 months - two thousand five hundred per month and 144
shares) More info: http://www.investorideas.com/About/News/Clientspecifics.asp and http://www.investorideas.com/About/Disclaimer.asp
BC
Residents and Investor Disclaimer: Effective September 15 2008 - all BC
investors should review all OTC and Pink sheet listed companies for adherence
in new disclosure filings and filing appropriate documents with Sedar. Read for
more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country
Wocket Smart Wallet (NasdaqCM: NXTD) Exhibiting at Pepcom Digital Experience! @ NYC June 18th
Breaking Tech News: Wocket Smart Wallet (NasdaqCM:
NXTD) Exhibiting at Pepcom Digital Experience! @ NYC June 18th
OXFORD,
Conn. - June 15, 2015 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD; NXTDW)
("the Company" or "NXT") a biometric authentication company
focused on the growing mobile commerce market, announces that its leading
payment security technology, the Wocket® smart wallet will be showcased to
media at Digital Experience! @ NYC June 18th.
Digital
Experience! @ NYC is Pepcom's annual summer showcase of the latest innovation
in technology to over 300 of the top media covering the sector. The event will
be held at the Metropolitan Pavilion in New York City from 6:00 to 9:00 p.m.
Gino
Pereira, Chief Executive Officer said, "We are excited to introduce Wocket
to a wider range of tech media now that it is in consumer's hands and being
used daily to make transactions. We can demonstrate how it is differentiated
from other offerings as well as share user feedback."
He
went on to say, "We will also preview the forthcoming Wocket app for
smartphones, tablets and computers. The My Wocket companion app allows Wocket
users to keep current by downloading the latest operating software as well as
enabling voice recognition and a host of other exciting features."
Wocket® is a smart wallet designed to protect your
identity and replace all the cards in your wallet, with no smart phone or cloud
required. Wocket® works anywhere credit cards are accepted and only works with
your biometric stamp of approval.
All your credit, debit, loyalty, gift, ID,
membership, insurance, medical information, passwords, and virtually any other
information can be protected on Wocket®.
About NXT- ID Inc. - Mobile
Security for a Mobile World: (NXTD) (NXTDW):
NXT-ID,
Inc.'s innovative MobileBio® solution mitigates consumer risks associated with
mobile computing, m-commerce and smart OS-enabled devices. The company is
focused on the growing m-commerce market, launching its innovative MobileBio®
suite of biometric solutions that secure consumers' mobile platforms led by
Wocket®; a next generation smart wallet designed to replace all the cards in
your wallet, no smart phone required. Wocket was recognized as one of the top
technology products at CES 2015 by multiple media outlets including Wired.com.
The Wocket® works anywhere credit cards are accepted and only works with your
biometric stamp of approval. http://www.wocketwallet.com/
NXT-ID'
wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and
has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/
Forward-Looking
Statements for NXT-ID: This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements reflect management's current expectations, as of the
date of this press release, and involve certain risks and uncertainties.
Forward-looking statements include statements herein with respect to the
successful execution of the Company's business strategy. The Company's actual
results could differ materially from those anticipated in these forward-looking
statements as a result of various factors. Such risks and uncertainties include,
among other things, our ability to establish and maintain the proprietary
nature of our technology through the patent process, as well as our ability to
possibly license from others patents and patent applications necessary to
develop products; the availability of financing; the Company's ability to
implement its long range business plan for various applications of its
technology; the Company's ability to enter into agreements with any necessary
marketing and/or distribution partners; the impact of competition, the
obtaining and maintenance of any necessary regulatory clearances applicable to
applications of the Company's technology; and management of growth and other
risks and uncertainties that may be detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.
Contacts:
Media:
D. Van
Zant
+1-800-665-0411
press@nxt-id.com
+1-800-665-0411
press@nxt-id.com
Published at Investorideas.com
Sign up for free news alerts
Disclaimer/
Disclosure: The Investorideas.com newswire is a third party publisher of news
and research as well as creates original content as a news source. Original
content created by investorideas is protected by copyright laws other than
syndication rights. Investorideas is a news source on Google news and
Linkedintoday plus hundreds of syndication partners. Our site does not make
recommendations for purchases or sale of stocks or products. Nothing on our
sites should be construed as an offer or solicitation to buy or sell products
or securities. All investment involves risk and possible loss of investment.
This site is currently compensated by featured companies, news submissions,
content marketing and online advertising. Contact each company directly for
press release questions. Disclosure is posted on each release if required but
otherwise the news was not compensated for and is published for the sole
interest of our readers. Disclosure: As of January 1, 2015 NXT-Id renewed for
five thousand per month and long 144 shares for media and PR services and news
publication. More info: http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp
Friday, June 12, 2015
Bit-X Financial Corp (OTCQB: BITXF) Brands New Bitcoin Exchange Digatrade™ Pre-launch
Digital Currency News: Bit-X Financial Corp (OTCQB:
BITXF) Brands New Bitcoin Exchange Digatrade™ Pre-launch
VANCOUVER, British Columbia - June 12, 2015
(Investorideas.com Newswire) - Bit-X Financial Corp. (OTCQB: BITXF),
a crypto-currency bitcoin exchange and internet financial services company,
today announced that its new exchange, set to go-live later this month, will be
branded and marketed under the new trade name of DIGATRADE™ and will operate
under the new domain www.digatrade.com.
The current domain bitxfin.com will redirect users to the new site.
The following table provides the Trademark
Registration details for Canada and the United States:
Brad Moynes, President of Bit-X Financial Corp.
said "Our newly branded exchange; DIGATRADE™ provides us with a niche
branding strategy and differentiates us in the digital currency market. The
investment bank grade trading platform, global liquidity order-book and
experienced industry partnerships will provide our users a smooth trading
experience."
As previously stated users can now pre-register on
the company's website at www.digatrade.com.
"We are very excited to launch our exchange as the global interest and
recognition of the Blockchain and Bitcoin rises within the established
financial communities" stated Brad Moynes, President of Bit-X Financial.
Read this release
in full at http://www.investorideas.com/CO/BITXF/news/2015/06121.asp
ABOUT BIT-X:
Bit-X Financial Corp is a Vancouver; British
Columbia based Company listed on the OTC.QB under the trading symbol BITXF.
Bit-X Financial Corp has executed an exclusive North American crypto-currency
exchange development and services agreement with Hong Kong based ANXPRO. BITXF
for is a reporting issuer in the Province of British Columbia, Canada with the
British Columbia Securities Commission "BCSC" and in the United
States with the Securities Exchange Commission "SEC."
CORPORATE CONTACT INFORMATION:
Bit-X Financial Corp
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
838 West Hastings Street, Suite 300
Vancouver, BC V6C-0A6
Canada
Tel: +1(604) 200-0071
Fax: +1(604) 200-0072
www.bitxfin.com
SOURCE: Bit-X Financial Corp.
Published at the Investorideas.com
Newswire - Big ideas for Global Investors
Disclaimer/
Disclosure: The Investorideas.com newswire is a third
party publisher of news as well as creates original content as a news source.
Original content created by investor ideas is protected by copyright laws other
than syndication rights. Investorideas is a news source on Google news and
global syndication partners. Our site does not make recommendations for
purchases or sale of stocks or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated by featured companies, news submissions and advertising.
Contact each company directly for press release questions. Disclosure is posted
on each release if required but otherwise the news was not compensated for and
is published for the sole interest of our readers. Disclosure: BITXF is a PR
client of Investorideas.com and compensates us for news publication, PR and
media. (May 1, 2015 – 6 months - two thousand five hundred per month and 144
shares) More info: http://www.investorideas.com/About/News/Clientspecifics.asp and http://www.investorideas.com/About/Disclaimer.asp
BC
Residents and Investor Disclaimer: Effective September 15 2008 - all BC
investors should review all OTC and Pink sheet listed companies for adherence
in new disclosure filings and filing appropriate documents with Sedar. Read for
more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors
must adhere to regulations of each country
Author and Expert Brian Kelly; David Berger, Founder of Digital Currency Council; Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF) and Michael Sonnenshein, Director-Sales & Business Development of Bitcoin Investment Trust (OTCQX:GBTC), Discuss Bitcoin
Experts Talk about the Future of Bitcoin; the Obstacles and Opportunity
Author and Expert Brian Kelly; David Berger, Founder of Digital Currency
Council; Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF) and Michael
Sonnenshein, Director-Sales & Business Development of Bitcoin
Investment Trust (OTCQX:GBTC),
Discuss Bitcoin
Point Roberts WA, New York, NY – June 4, 2015 -
Investorideas.com, a global news source covering leading sectors including Bitcoin
and payment technology releases commentary
from some of the leading digital currency experts along with management from two
public plays within the sector.
As Wall Street and global financial markets enter the space, these experts give insight into the future of Bitcoin and the obstacles and the opportunities it presents.
The following are questions and answers from the
participating experts; Brian Kelly, author of the book "The Bitcoin Big
Bang www.briankellycapital.com, David Berger,
Founder and CEO, Digital Currency Council (DCC), Mr.
Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF) and Michael Sonnenshein, Director of Sales
& Business Development, Bitcoin Investment Trust (OTCQX: GBTC).
Read this interview in full at http://www.investorideas.com/CO/BITXF/news/2015/06041.asp
Interviews:
Brian Kelly
Q: Investorideas.com
You have said you were a skeptic like many in the
beginning and now you are a respected expert in the sector. With recent
acceptance from The New York Stock Exchange, Nasdaq Stock Exchange, Goldman
Sachs, Richard Branson and a list of new entries every day, what do you see as
the turning point for Bitcoin becoming legitimate?
A: Brian Kelly, author of the book "The Bitcoin Big Bang”
It seems that financial institutions finally
realized that Bitcoin and the blockchain is more than a currency. They realized
it is a tool to flatten the costs of financial services.
Q: Investorideas.com
Do you see many publicly-traded stocks in play now
and are you hearing of IPO’s in the space?
A: Brian Kelly, author of the book "The Bitcoin Big Bang”
I would expect IPOs in the next 3 years. If
we use internet companies in 1995 as a template, it took about three years for
major IPOs.
Q: Investorideas.com
With the major financial institutions now getting
involved, where do you see Bitcoin headed in the next few years and how will it
impact the future of currency?
A: Brian Kelly, author of the book "The Bitcoin Big Bang”
A year ago the survival of Bitcoin was 50/50...with
recent investments it's clear that blockchain technology is here to stay.
David Berger
Q: Investorideas.com
Can you give us background on the creation of the
Digital Currency Council (DCC) and why you formed it?
The early mission of The Digital Currency Council
was to set a common standard of understanding amongst professionals and help
those professionals achieve that standard.
Today, our over 1500 members across 90 countries are using the knowledge
they've gained to build various exciting businesses and streamline existing
business processes. Our software is
integral to these more complex efforts.
Q: Investorideas.com
With a primary focus of education, what kind of
individuals and companies are you seeing come forward to understand Bitcoin and
what percentage of the financial community at large do you think is getting
involved now?
We are at the very beginning. Most individuals and firms have a very
limited understanding. Our work with
these individuals and firms begins with general competency training. These general competencies are sufficient to
ensure that a firm is aware of the opportunities and risks. Our customized software solutions help those
firms that recognize an opportunity to capitalize.
Q: Investorideas.com
What do you see as the primary obstacles to the
acceptance of digital currency?
It's important that we ensure that bad actors don't
hijack this groundbreaking technology.
The general public will accept and adopt technologies that make their
lives better but only if they trust that the risk doesn't outweigh the
benefit.
Q: Investorideas.com
What do you see for Bitcoin within the next year
and over the next 5 years?
The next five years will bring increased
integration, complexity, and utility. Bitcoin
will become so easy to use that you won't even realize you're using it.
Brad Moynes
Q: Investorideas.com
What do you think was the turning point for making
Wall Street and the financial institutions take notice and want to participate
in Bitcoin?
A: Mr. Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF)
The opportunity to develop technology that could
make financial institutions including stock exchanges, broker-dealers, banks,
transfer agencies and the DTC more efficient and less costly to reporting
issuers, investors and consumers would be considered by Wall Street as a really
good thing. The fact that DNCT (blockchain) technology has the potential
to achieve this and that many of these institutions have already invested
considerable capital into the technology at the fastest rate to date, suggests
that the turning point has already occurred. In addition, the recent
announcement that the NYDFS has released the final version of its long-awaited
regulatory framework for digital currency companies shall provide clarity to
the industry as a whole and ease concern regarding over-regulation and the
threat of stifling growth and innovation.
Q: Investorideas.com
What do you think are some of the hurdles and
obstacles for Bitcoin?
A: Mr. Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF)
Perhaps over regulation. Bitcoin appears to
be holding its value at current levels and the Blockchain is gaining
considerable awareness across a broad selection of industries.
I would expect many hurdles & obstacles along the way but
with big break-through ideas later this year and in 2016 to look forward
to.
Q: Investorideas.com
Will your exchange, when launched, offer any
educational tools for trading and investing in Bitcoin? What kind of investors/traders do you see
currently in the space and do you see the demographics changing?
A: Mr. Brad Moynes, President of Bit-X Financial Corp. (OTCQB: BITXF)
The exchange will offer our users the tools they
need to buy & sell crypto-currencies including Bitcoin. Our customer
service will be the best in the business with rapid response time to meet user
demands, answer questions and provide solutions. We will also have a
Bitcoin forum for users to create various discussion topics. Generally these
forums are an excellent way for users to gain information and educate among themselves.
There are several investor/trader profiles which
include day-traders, medium to long-term investors seeking capital gains and entities
who offer investor’s exposure to Bitcoin via open market equity-share purchases
that tie their shares to an underlying asset [bitcoin] on a pre-determined
ratio basis.
A beneficial change to the demographic would be an
increase in demand for bitcoin in day-to-day use and consumer point of sale
purchases.
Michael Sonnenshein
Q:
Investorideas.com
The Bitcoin
Investment Trust’s shares are the first publicly quoted* securities solely
invested in and deriving value from, the price of Bitcoin. Can you tell
investors how investing in the shares of (GBTC) will give them a different
value/investment opportunity than strictly trying to buy and sell Bitcoin?
A:
Michael Sonnenshein, Director of
Sales & Business Development, Bitcoin Investment Trust (GBTC)
Purchasing Bitcoin outright can be a harrowing
experience for investors. More often than not, they don’t know who to purchase
Bitcoin from (are there counterparties they trust), what price they should pay,
or how to handle Bitcoin safely and securely. Even if investors can
overcome these challenges, storing Bitcoin on one’s own can be a
liability. If Bitcoin holders are hacked or lose the private key to their
Bitcoin wallet, they have zero recourse.
In sharp contrast to this experience, purchasing
shares of The Bitcoin Investment Trust gives investors the ability to gain
exposure to Bitcoin without the aforementioned challenges and through a titled
security in the investor’s name. Consequently, shares are eligible to be
passed onto beneficiaries under estate laws and are eligible to be held in
certain IRA, Roth IRA, and other brokerage and investment accounts (this is not
possible with outright Bitcoin). The Bitcoin Investment Trust has also
brought together credible service providers, as shares are marketed and
distributed through a FINRA-registered broker-dealer, and the Trust’s financial
statements are audited annually by Ernst & Young LLP.
Each share of The Bitcoin Investment Trust
represents approximately 0.1 Bitcoin and shares are tied to a daily 4pm net
asset value that is representative of the Bitcoin market price. Qualified
accredited investors have the ability to purchase shares of The Bitcoin
Investment Trust at the daily NAV through an ongoing private placement. However,
these shares carry resale and transfer limitations. Both accredited and
non-accredited investors have the ability to purchase shares of The Bitcoin
Investment Trust on OTCQX under the symbol: GBTC. These shares have been
deemed freely tradable and are subject to market-driven price movement, which
does not reflect the restricted shares daily NAV.
In offering these two avenues for investors, their Bitcoin
exposure is able to sit alongside their existing investments and their exposure
to Bitcoin is attained through a transparent and familiar experience.
Additionally, as a titled security, The Bitcoin Investment Trust has resonated
well with investors’ financial advisors, lawyers, and accountants. More information
on The Bitcoin Investment Trust is available through its sponsors website, www.grayscale.co
Q:
Investorideas.com
Where does the
company see the Bitcoin industry now as Wall Street has begun to embrace it and
what was the turning point that legitimatized Bitcoin? Where do they see the
future of Bitcoin1-5 years from now?
A:
Michael Sonnenshein, Director of
Sales & Business Development, Bitcoin Investment Trust (GBTC)
Bitcoin is still in infancy and we’d liken where Bitcoin
and digital currencies are in their development to the internet in the
mid-to-late 1990’s. Namely, just like there were plenty of naysayers who
didn’t believe in the internet’s potential, there are folks who occupy that
same mindset when it comes to Bitcoin. While we can’t be sure of Bitcoin’s
ultimate fate, we can see is that there is an unprecedented amount of venture
capital and human capital pouring into the space. Entrepreneurs are
building the infrastructure and applications that will support Bitcoin’s
continued adoption and usage globally.
Over the past two years, there has been increasing
attention paid to Bitcoin from Wall Street. Every bank, broker-dealer,
asset manager, and other institution had formed internal task forces assigned
to understanding Bitcoin. Recently, many of these firms (and the work of
these internal teams) have begun putting their reputations on the line by
publicly getting involved in Bitcoin with the likes of Goldman Sachs, UBS,
Nasdaq, the NYSE, and other globally recognized institutions integrating Bitcoin
into their businesses and/or making strategic investments in some of the
aforementioned companies laying the ground work for increased adoption. I
think we will continue to see more of these large players get involved in the
space over the coming years and that Bitcoin and the underlying blockchain
technology will ultimately shake up and transform the entire financial services
landscape for the better.
Bios:
Brian Kelly is an investor, author, and financial
markets commentator. He is an expert in global financial markets,
macro-economics and digital currencies. Brian Kelly has over twenty years'
experience in financial markets and is the author of the book "The Bitcoin
Big Bang - How Alternative Currencies are About to Change the World."
Brian is a graduate of the University of Vermont
where he received a B.S. in finance. He also holds an M.B.A. from Babson Graduate
School of Business with a concentration in finance and econometrics.
A passion for investments and entrepreneurship has
led Brian to start several successful investment businesses. His most recent
start-up BKCM LLC is a global investment management firm specializing in Global
Macro and Currency investing.
Prior to BKCM LLC, Brian was Co-Founder and
Managing Partner of Shelter Harbor Capital LLC and managed the Shelter Harbor
Capital Global Macro Hedge Fund. As well, Mr. Kelly was a co-founder and President
of MKM Partners, a brokerage firm catering to institutional investment
managers.
Brian provides money management services to a
select clientele and consults on digital currencies.
David
Berger, Founder and CEO, Digital Currency Council (DCC)
David Berger is the Founder and CEO of The Digital Currency Council (DCC), the leading provider of digital currency-related training, certification, and continuing education. Mr. Berger is an attorney with extensive experience in finance in the United States and Asia. He has a passion for building professional networks that support members’ advancement with actionable commercial insight.
David Berger is the Founder and CEO of The Digital Currency Council (DCC), the leading provider of digital currency-related training, certification, and continuing education. Mr. Berger is an attorney with extensive experience in finance in the United States and Asia. He has a passion for building professional networks that support members’ advancement with actionable commercial insight.
Prior to launching the DCC, Mr. Berger was
the CEO of Americas at Campden Wealth, the parent company of the Institute for
Private Investors – the premier decision support network for ultra high net
worth investors and family offices. Mr. Berger is also the founder of Private
Investor Collective, a Hong Kong-based network for sophisticated private
investors, and played a key role in the development of two network-based
advisory firms for CEOs in Asia Pacific. He also founded Asia Executive
Solutions, a Hong Kong-based strategy consulting firm, where his clients included
SecondMarket, Corporate Executive Board, and NPD Group.
Prior to his career in finance, Mr. Berger
was an attorney in the Washington, DC office of the global law firm O’Melveny
& Myers LLP, where he focused on securities law. Mr. Berger also spent two
years at the United States Department of Justice. He is a graduate of New York
University School of Law and Emory University.
About BIT-X: (OTCQB: BITXF) Bit-X Financial Corp is a Vancouver; British Columbia
based Company listed on the OTC.QB under the trading symbol BITXF. Bit-X
Financial Corp is a reporting issuer in the Province of British Columbia,
Canada with the British Columbia Securities Commission "BCSC" and in
the United States with the Securities Exchange Commission "SEC." www.bitxfin.com
About The Bitcoin Investment Trust (GBTC)
The Bitcoin Investment Trust is a private,
open-ended trust that is invested exclusively in Bitcoin and derives its value
solely from the price of Bitcoin. It enables investors to gain exposure to the
price movement of Bitcoin without the challenge of buying, storing, and
safekeeping Bitcoins. The BIT's sponsor is Grayscale Investments, a
wholly-owned subsidiary of Digital Currency Group.
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