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Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder

Coinbase reportedly bans personal account of social media platform gab founder

Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder

Coinbase reportedly bans personal account of social media platform gab founder

The personal Coinbase merchant account of Andrew Torba, social media platform Gab’s founder, has been terminated, the official Gab.com account tweeted on Jan. 4.

As blockchain blog Breaker reported earlier, Gab’s business account on Coinbase was allegedly closed in December. The news source put forward that a possible reason why it is hard for Gab to obtain a payment processor is its reputation for being the social network for people banned from mainstream platforms for hate speech.

In October, the New York Times mentioned Gab as a social network used by the shooter in Pittsburgh to post a final message before he attacked a synagogue. After the shooting, Torba stated that the Pittsburgh shooter did not represent the broader user base of the social media site.

Gab describes itself on its website as a “social network that champions free speech, individual liberty and the free flow of information online. All are welcome.”

As Cointelegraph wrote in April, the Coinbase merchant account merchandise shop of the anonymous international publishing nonprofit WikiLeaks had also been closed due to a terms of service violation.

In December 2017, WikiLeaks’ founder, Julian Assange, had urged donors to contribute to the online publication by using cryptocurrencies in order to skirt the so-dubbed financial blockade by national governments.

This past December, major American magazine Time reported about Bitcoin’s liberating potential, suggesting that it can ensure economic flow outside of oppressive government’s reach.

The author of the Time article claims that “speculation, fraud, and greed in the cryptocurrency and blockchain industry have overshadowed the real, liberating potential of Satoshi Nakamoto’s invention.”

Moreover, American whistleblower Edward Snowden said in March that the world needs a better option than bitcoin [BTC] to avoid government coercion, at the same time reiterating his support for ZCash as the most interesting altcoin due to its privacy setup.

Published at Sat, 05 Jan 2019 16:52:00 +0000

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180 – Mano Thanabalan: Simplifying Incorporation & Automating Corporate Governance with Otonomos

Support the show, consider donating:BTC: 1MjciB4vYxC9LKQSWrkCfAniq4GnSMZzB2 (http://bit.ly/2ptdEB3)ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (http://bit.ly/2nKneP1)

Anyone who has ever started a company knows just how tedious that process that can be. Whether it’s establishing a shareholder’s agreement, defining the company’s constitutional structure, raising funds, or transferring shares, corporate governance procedures remain largely paper-based, requiring validation from multiple stakeholders, and their lawyers. Blockchain technologies, and specifically smart contracts, provide the rails upon which these processes can be digitized and streamlined, reducing operational costs, eliminating errors and automating menial tasks.

Manu Thanabalan, CTO of Otonomos, joins us to discuss how his company is leveraging smart contracts to accelerate incorporation and automate corporate governance. Otonomos provides the tools and services which allow for anyone to start a company in any of the jurisdictions they support. Using their platform, founders are able to define board members and issue shares, while captables are kept up-to-date in real-time. Day-to-day governance mechanisms and standard procedures such as voting and share transfers are automated through a smart contact, which complies with local jurisdictional regulation.

Topics discussed in this episode:

  • Mano’s background as a quantitative trader and how he transitioned into blockchain
  • The fundamental problem Otonomos is addressing
  • How we may be able to unlock a tremendous amount of value by liberating shares currently locked in private companies
  • Leveraging smart contracts to automate standardized corporate legal procedures
  • The types of constitutional rules which can be digitized and automated with smart contracts
  • The ability to simplify accounting and auditing with Otonomos
  • The Otonomos technology stack
  • The current state of Otonomos and their product roadmap

Links mentioned in this episode:

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Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.

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