Headline June 30, 2017/ ''' DIGITAL -DICEY- DREAMS '''


But by  the end of year 2018, were the World Students Society,  -ever to plan and execute an ''initial public offering'' :

All those, just so registered : *Would Be Millionaires*.  But that, at least for now, will never be so? 

That is for your  *elected nominees*  to decide, your *elected boards*  to consider,   -as the World Students Society,    by the hour,    grows into the *biggest and most democratic organization mankind ever conceived*.

So, How goes that with you? : you great students of North Korea, Somalia, Ethiopia, Chad, Niger, Israel, Siri Lanka, Myanmar, Japan, India, UAE, Argentina, Venezuela, Peru, Ecuador, Malaysia, Cuba, Russia, Holland and on and on I can go..............  

*The World Students Society*, is the total and exclusive ownership of every single student in the world. One Share-Piece-Peace. 

So see ya all on !WOW!   and     Twitter-!E-WOW!,     as we get set for the heat of global elections ahead. 

Therefore, as  *Digital  gets  Dicey  with Dreams*,  we look around for some learning cues on how to  create great wealth. In this man made world, money is like blood...............

Among the people tossing their money into the pot is Pete Sussman, 27, a software developer at a St. Louis company called  Fusion Marketing.

Mr. Sussman began with around $800 worth of Bitcoin, which he earned selling art and blog posts online.

He used his  Bitcoin  first to invest in a project called  Bitshares. Then he bought into the Ethereum virtual currency, Ether. 

As the value of Ether soared over the last year, Mr. Sussman got a return of 1,000 percent on his original money.

In March, he used his Ether to buy a new virtual currency known as GNT, which was created as a part of a project known as Golem, based in Poland. 

The value of GNT has jumped  3,000 percent in recent moths, pushing the value of Mr. Sussman's  digital currency to over  $200,000.

Along with GNT, other new tokens including  Ark, Antshares and Spectrecoin have appreciated by more than  6,000  percent since they were issued.

Mr. Sussman has also had some bad moments along the way, such as the time that he sent what would now be $100,000 worth of Ether to a scammer who put up a fake digital address for another coin offering.

'When he told his co-workers about the experience, they did not warn him off the investments. Instead, they become excited about the trend. 

Now, half a dozen of his colleagues, including his boss, have a chat room where they discuss potential coin investments.

The projects selling coins come in several different forms. Some are straightforward start-ups that design their coins like stock, with promised dividend payment if the company does well.

Others are Bitcoins or  Ethereum knockoffs, which the inventors sell in advance before launching to the public.

But most of the prominent projects are not traditional start-ups. Instead, the programmers are building online services similar to  Wikipedia, which are intended to be open source and owned by no one.

The coins will become the internal payment  method on those services once they are built    -paying for computing power in the case of Golem, or file storage with project called Storj. The sale of the coins will be used to compensate the programmers.

Even some of well-established  Silicon Valley  names are using coins to raise funds.

Brendan Eich, a co-founder of the coins Mozilla web browser project, is developing a new browser called  Brave.

It was Mr. Eich who raised  $35 million  in just 30 seconds by selling millions of   Basic Attention Tokens, or  BAT, in late May. People using the  Brave browser will be able to use their  BAT  to view web pages  ad-free, and companies will be able to pay viewers for looking at ads.

[The New York Times and other publishers have called  Brave's ad-blocking technology illegal];

The hope with a token like BAT is that as more people use the browser and more advertisers want the coins, the coins will become more sought after and the users will benefit from the rising prices.

These co-called  network effects  can also encourage users to get their friends to use a service.

Mr. Eich said he was anticipating that all the people holding tokens ''will drive millions of users to join our ecosystem.''

*This is the dream. For now, several projects are raising millions without even having  any computer code to test. 

And because of the lack of investor protections, the projects remain vulnerable to the whims of entrepreneurs, who could run away with their quick hauls of digital currency*.

The most immediate problems could arise if regulators decide that the tokens being sold are   'unregistered securities'  a violation of the law. 

An official with the  Securities and Exchange Commission suggested at a conference last month that the agency was aware of the potential for problems and looking at the market,

For at least some investors, such as Mr. Sussman, the possibility of big losses is the flip side of the big gains, and part of the allure.

''It's very Wild West,'' he said. ''It's very easy to get into a situation where you can send things to a scammer very easily, and there is no recourse for it. That's kind of the beauty of it. too.''

With respectful dedication to All the Students of the Developing World, also Professors and Teachers. See Ya all on !WOW!  -the World Students Society and Twitter-!E-WOW!  -the Ecosystem 2011:

''' Across The Generations '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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