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NXT IN IOM AT Bitcoin opportunity for the Isle of Man expo 18th June singapore
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Author Topic: NXT IN IOM AT Bitcoin opportunity for the Isle of Man expo 18th June  (Read 12166 times)

TXTCoinsNow

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http://jcc.im/2014/05/27/bitcoin-an-opportunity-for-the-isle-of-man/

sold out or not I am in and 1st impression it's the big boys of IoM here I will get some updates shortly
« Last Edit: June 18, 2014, 08:59:13 am by TXTCoinsNow »
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Fatih87SK

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Re: Bitcoin opportunity for the Isle of Man expo 18th June
« Reply #1 on: June 18, 2014, 07:09:26 am »

In Lee we trust.
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TXTCoinsNow

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Re: Bitcoin opportunity for the Isle of Man expo 18th June
« Reply #2 on: June 18, 2014, 07:28:09 am »

Got an awesome video
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Mexxer

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Ezravdb

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Re: Bitcoin opportunity for the Isle of Man expo 18th June
« Reply #4 on: June 18, 2014, 07:57:49 am »

That's today!

Have a nice one!
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TXTCoinsNow

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Re: Bitcoin opportunity for the Isle of Man expo 18th June
« Reply #5 on: June 18, 2014, 08:29:11 am »

Ok I will make a few points clear under this Topic for IOM

1st IOM = Isle of Man/Manx  Its not Crypto Valley or Crypto Haven

2nd  IOM is open for Crypto Business but its based on there rules that you would need to consider if wanting to setup here:
       
          Setting up you would DD checked so you would have your life checked out so you need to be very open
          Moving to the Island or finding a partner on the island "this is incase you do anything criminal they can arrest you"
          0% Tax on the business but because you are moving to the island you would pay income tax
          Providing jobs to the local people "this means inputing to the locals pockets"

I will be posting the Video later its 32 minutes long shakes around a bit as my arm got tired but Paul the speaker who is also the main guy on the island for setting up business here made a perfectstage show on how it will and could work on IOM so its better to let the video do the talking and educate people so that it avoids any high hopes and dissapointments.

After his speech It fairly much convinced me to re-think about moving TXT Coins Now to IOM  so i will be meeting up with him again later today to discuss those areas as everybody needs a bridge Fiat to Crypto but its about making that 1st step and It Seems IOM is trying to be that Step.

Everybody on the island is polite and welcoming but they are not ready for someone like me as i look for the deep and hidden secret agenda and whats been so good on IOM they are very open and tell you what it is.

As i mentioned before I wanted to do NXT SPortsbook Centralized well it looks like the room of people i was with this morning mostly gaming world they wont dare risk a business unless they get full facts and this is always been my point some things are great but some things need to be put on the regulated world to put the message across that crypto is safe to use. "that is basically the message IOM is trying to put across.

I'm sitting in Coffee republic as i left the hotel speech had a few words with Paul as i need to get ready for my meeting in 2 hours as I was walking along the seafront i was getting tooted at i turned around it was Porche carrera and I look closely it was Charlie from Coin Corner shouts get in I'll give you lift.

People are very friendly on the island and really network between themselves like a forum you need help they pick up the phone and say meet this guy and so on.

I would like to make one thing very Clear:

There is no big Cheif or special treatments I've met the same people as GoCoin and any other person that will come here will meet the same People as Gocoin and Myself so do not listen to stories or lies that they have special friends in high places blah blah IOM is like the musketeers 1 for all and all for 1.

you can drive around the island in 1 hour or so and there 80,000 people on it so its very small and everything is based off Athel Street banks lawyers everything.

The message I am trying to put across here is this The People in IOM are all for Helping Crypto but its by there rules but you must not take an illusion that its going to be a walk in the park because if you mess this island around it will be very very severe payment "Prison Time" but if your legite and running they will protect you if the US says hey we want to do something to them because they are breaking the LAW

IOM will say ok prove it if the US cannot prove and the IOM see you have not done anything IOM will say to the US F off  they have respected our IOM laws they have not done anything wrong.

This is something Crypto Needs a daddy figure to help its transition into the real world but there needs to be respect among thieves.

Its going to be very relaxed for the beginning for the companies to come here but I am sure later on as they learn how to work with Crypto and to regulate it that will come fast.

For Bithaus project here would be good option but do not venture into the deep blue sea.

Softwares
Exchanges
Financial Services
Wallets
all these things could have a home here

Possibly even the NXT Asset Exchange thats my top priority at the moment to see how and what that stands with on the Island laws As I think it could be homed and protected here.

I'll load the videos later on when i get to my hotel.

I'm sorry if what i have put above bursts any bubbles but IOM is will mess around and will not allow anything that is criminal or could be used for criminal activity on IOM they got Global Home to finance to Protect. They taking huge risks with Crypto so they will do it right for sure
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TXTCoinsNow

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http://youtu.be/R8K2VYKDsBA

Finally was able to load the video
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Damelon

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Here is where it becomes especially interesting to ús ;)
http://www.youtube.com/watch?feature=player_detailpage&v=R8K2VYKDsBA#t=938
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TXTCoinsNow

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I am going to starting listing the People and Business's in the Isle of man that have agreed to start to accept NXT and TXT as Payment and Payment service.

Java Cafe on the Corner of Athel Street Will be Accepting NXT Coins Via TXTCoinsNow
Future Tech will be Accepting NXT Coins Via TXTCoinsNow
« Last Edit: June 20, 2014, 12:35:57 pm by TXTCoinsNow »
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DoM P

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I'm planing the creation of a company working in finance. It was supposed to be created in Switzerland, but with this IoM thing, I was in the process of rethinking this over.
But if creating a business there necessarily implies to live there and to employ people there, I'm out.
I want to live where I am, and if I do employ people, I will do in the countries I will be working in, that is, where the finance business is.

Knowing that, is there any chance the IoM could be an option for me ?


Another question: What so good about the IoM compared to other places like Cayman Islands, BVI, Panama, etc. ?
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jjj

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I hear what you are saying, but isn't the question you should be asking is how can I structure my business in the most effective way?
When you say "where the finance business in" what do you mean? Where it is registered? Where the mind and management takes place? Where the servers are (if centralised) - where the owners live? Where the customer service takes place.

Its a case of sitting down with someone with experience of these matters and putting together a plan of how its best structured.
There could be very compelling tax, reasons, or regulatory arbitrage reasons, risk mitigation reasons for structuring in a particular way.

I've been talking with Lee in the Isle of Man about these matters.

A "finance business" can be many things, you'll need to share this with someone and bounce the ideas around.
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DoM P

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I hear what you are saying, but isn't the question you should be asking is how can I structure my business in the most effective way?
When you say "where the finance business in" what do you mean? Where it is registered? Where the mind and management takes place? Where the servers are (if centralised) - where the owners live? Where the customer service takes place.

Its a case of sitting down with someone with experience of these matters and putting together a plan of how its best structured.
There could be very compelling tax, reasons, or regulatory arbitrage reasons, risk mitigation reasons for structuring in a particular way.

I've been talking with Lee in the Isle of Man about these matters.

A "finance business" can be many things, you'll need to share this with someone and bounce the ideas around.

What I plan is described here:
https://nxtforum.org/nxtbank/grant-winner-announcement

I am also working on the creation of a rating agency for the AE to start with, and then for other crypto assets later on.

So... where is the finance business? Where decisions are made.
And they are made where people are.
I live in Switzerland. Finance takes place here. Plenty of it. Banks, venture capitalists, wealth management, etc.
Moving to the IoM just to live there and spend my time in hotels in Switzerland and elsewhere would be a bad move, I'd think...
My kid doesn't speak English, where would she go to school?

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cc001

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I am also working on the creation of a rating agency for the AE to start with, and then for other crypto assets later on.

Planning to integrate/publish those asset ratings somewhere, for example NxtReporting.com ?
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DoM P

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I am also working on the creation of a rating agency for the AE to start with, and then for other crypto assets later on.

Planning to integrate/publish those asset ratings somewhere, for example NxtReporting.com ?
We'll have an API
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cc001

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I am also working on the creation of a rating agency for the AE to start with, and then for other crypto assets later on.

Planning to integrate/publish those asset ratings somewhere, for example NxtReporting.com ?
We'll have an API

ok, NxtReporting.com is very interested in publishing some serious recommendations and ratings concerning the tradable assets. Maybe we can work something out together. What kind of time horizon do you have with your rating agency? weeks/months/years ?
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DoM P

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I am also working on the creation of a rating agency for the AE to start with, and then for other crypto assets later on.

Planning to integrate/publish those asset ratings somewhere, for example NxtReporting.com ?
We'll have an API

ok, NxtReporting.com is very interested in publishing some serious recommendations and ratings concerning the tradable assets. Maybe we can work something out together. What kind of time horizon do you have with your rating agency? weeks/months/years ?
The project is starting now. Nothing's been done yet, apart from discussing the organization and responsibilities.
I hope something will be ready in September.

A lot of work ahead of us.

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TXTCoinsNow

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Keep on topic guys
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TXTCoinsNow

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How about a seminar with the top 150 people in the room and present them NXT etc on IOM
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Fatih87SK

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How about a seminar with the top 150 people in the room and present them NXT etc on IOM

Sounds good.

How can we do this and what do we need to pull this off?
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TXTCoinsNow

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OK I have just spoke to OwenC who is a new Member in the forum and he was behind the IOM Breakfast function that I filmed and posted here his going to see what can be done for NXT Week to have a little seminar to Introduce NXT to the Island Officially

And yes I will have my chess games to pull it off and get the right people like I did at Payexpo
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