ICO cryptos : Quand la France prépare une certification AMF 🤗 #Exclu #bitcoin

Hi it's LangueDegeek, Meet up Again at the End of this exclusive video As you know, as Bruno Le Maire Said in "Capital Newspaper" article no reform until 2019 But I have a small scoop for you on what is happening in 2018 concerning AMF regulation in France to attract ICO in Paris You know that ICO is the new way to find financing in the 21st century and Paris according to the article of the newspaper "Les Echos"would be the capital of ICO, I let you discover the video that we have subtitled in french and english We'll see you after (for conclusion) I have the chance to work on the draft bill for such regulation this draft bill is going to be included in border french bill named the "Loi Pacte" which could be discussed by French Government around May 2018 I cannot give you the details of this draft bill because this is confidential at this stage but I can give you the headlines this regulation is not a ban this regulation is not limits, this regulation is not a restriction But this regulation is optionnal Why this is optionnal? Because the role of this regulation is to give Ico project holders the will to come in France to launch the ICO And the AMF (financial markets authority) has seen for 2018 that a moment, we need a 100 ICO projects launch there were around 30% of scams or of ICO which never will end and with project holders which sometimes go away with the fundraise

So i may think We can offer you an optionnal regulation If you come to us with your whitepaper with some details and some guarantee about your project, we can give to you a Visa, an approval on your whitepaper obviously not on your business project because this is not the order of the AMF but you can check if the whitepaper is clear is not misleading for the investors and with this Visa you could try to attract more and more retail investors to subscribe to your ICOs The details of this regulation will be draft by the AMF in term of calendar we are expecting law at the beginning of summer After the law, we will wait for the details draft by the AMF but we expect the AMF has already start to draft these details so if we are optimist we can mention that the whole regulation will be ready to go at the end of summer or maybe in september And so when you are ICO project holder from September 2018, you could choose to launch your ICO as usual without without being care out the AMF, you could choose to submit your whitepaper to the AMF with such Visa The last aspect I want to talk about is the tax aspect, this is one of difficulty to When we choose to launch an ICO in France Your real difficulty in France is not the amount of the tax, it's how your ICO will be treated from tax perspective Before thinking about tax we have to think about accounting and with respect to accounting in France we have the "Autorité Nationale Comptable"/"Accounting standards Authority" which is already thinking about the issue of the accounting treatment of funds raised by an ICO we know that soon this Authority should raise its view under accounting treatment of ICOs and we expect that some ways or some months after The French Tax Authority will also raise some doctrine about how your fund the funds raised for your ICO would be deal with From tax perspective and the last but not the least during the annual tax law for 2019 which is discussed from September, from fall 2018 we expect to see some favorable regime for ICO notably for subscriber with obligation of the Flat Tax the famous French Flat Tax for your gain on on tokens and maybe we could also have some legal clarification on the tax regime applied on the ICO in this law I have finished If you have any questions Staff : Yes Use this opportunity to ask questions to One of the Maker of the French legislation ! How does this gonna work concerning the protection's laws in France, if you have certain let's say that is French, some stuff like that That is covered under French law Is it gonna be the same with this new law for the other international ICOs? The regime which allow you to submit your whitepaper to the AMF will only be valable for French Compagny So if you want such Visa, you have to set up a company in France with respect the marketing of your ICOs This is another subject, you could create your company in others countries and to try to obtain investment to the funds from French residents Within this context, the existing regulation still apply as i said in French control protection only If you are drafting a website to attract investors in French You could be subject to French consumer protectionals If you are planning some reatup in France to find investors you could be subject to the existing French regulation The minister (Finance) of France Bruno le Maire which is talking about ICO last week said that it's very want that France become attractive for for those projects the French The ministry is drafting the law which will be vote by the French government but the AMF is just drafting the details which is called the AMF regulation Q: Don't you think that the end result of having this regulation in France would be that some extension of your system which establish that your companies in France but they keep all their teams outside of France and they claim stable company outside of France you know not have to pay any tax in France? There is one thing which correct is that this regime is going to, has been thinking to attract company in France but we are not obliged to have your team in France your team, your concrete activity in France you can only have a holding in France but if you haven't a holding in France you need to talk with tax expert but maybe you still have some tax to pay in France One think, The AMF when they will approval your whitepaper we want to see some warranty about your project so You have to prove that your organization abroad could meet all this recommendation of gouvernement I see nothing which prevent you to have the most of your activities abroad But one thing, the AMF is the only one which is over to decide And even if this is not clearly drafted in the law the AMF can choose to not rent you any Visa because, they consider that you are just try to circumvent the law That's IT ! you would have understood that Paris is actually working to attract to the maximal foreign funds in order to do these 3

0 fundraises We used to go in front of the banks Then we went to participatory financing (crowdfunding) such as KickStarter, indiegogo and so on Today we're clearly headed for the ICO like the new way of fundraising don't focus only the Bitcoin see what an ICO is (Initial Coin Offering) you will see that there is a lot of projects it can be about articifial intelligence it can be about future social networks it can be about the decentralization of internet itself ! with some Project like substratum (cryptocurrency) it can be about the decentralization of storage, project SIA (cryptocurrency) it can be about all the current technical subjects if you missed the internet shift 20 years ago You can't miss the turn of the blockchain don't mix Bitcoin, cryptocurrencies, which I name crypto projects that Bruno Le Maire (French Economic minister) is now naming "crypto actifs" because it sounds better; when 3 months before we were against it and after the G20 we're totally in favor

and then Bitcoin when there' s one that focuses on monopoly bills there's the one who places their hotel on "Rue de la Paix" (prestigious street in Paris) and the one who buy all the stations and we all know over time who's more likely to make a fortune

The End of Bitcoin Mining – Crypto Mining is DEAD

I am officially done with Bitcoin mining cryptocurrency mining all of that welcome back to the channel guys I'm Bruce Wayne and that was my dramatic intro to ending my cryptocurrency mining career I've had so many ups and downs with this crypto mining business that it's just not worth the hassle anymore and I'm just giving it up on top of that the weather has changed a lot in the last two weeks two weeks ago it was freezing almost every single freaking day in my office and now I don't even need to turn on the heat I can just open a window the weather is fine now is bearable this building isn't well insulated but it doesn't even matter anymore I'm happy to shut off all my miners and I'm gonna get ready to sell them on eBay if you want to buy them just to go on eBay and you can buy them there luckily I kept the boxes for everything I'm one of those guys that hoards all this crap so I'm gonna be selling I think I'll be selling two of these I still got the box if you keep the boxes when you resell them you get a better price I'm gonna be selling two of them and I think that I'm gonna keep the PC so I can do some live streaming I have some live streaming ideas that I want to test out so that's that now I want to go over the main reasons why crypto just sucks just really freaking sucks first it's not profitable I just plain and simple it's just not profitable there's actually there's no more reasons to mine unless you have free electricity I keep I keep going over that I think like that's my mantra right now just free electricity you can mind anything else don't do it it's not even worth it for the heat that's the main number one reason why that's just getting into the meat of it number two nice hash sux ballz I made a lot of videos on nice hash and it is still the number one mining places to go to start mining and whatnot but nice house nice hash sucks major balls I'm serious they're programming no it is easy to use but for whatever reason it keeps crashing on me I have to reset my computer like a hundred times in the last in the last two years I probably had to reset my computer a thousand times and that just gets so annoying I want to show you the grep let me show you the graph of my mining output all right just hang on real quick alright so this is just gonna be a quick screenshot of the graph for my nice hash miners and you can see that there's a lot of dips where the the miner would just crash and just stop working normally I'm able to catch it because I get sent notifications but recently they've just been crashing so much that I just I just couldn't handle anymore you know it's not even worth like the few extra dollars that I get every like I think it was like 40 bucks a month 30 bucks a month that I could be making from this and that's the second reason why I'm stopped I'm gonna stop mining the third reason why I'm stopping crypto mining is because I can sell all of my computer parts and make some type of return from it when it comes to just my GPUs I made a full 100 percent return on investments with that and if I sell it I'll be making a lot more but with this crap right here this crap this is done like I can't I'm not gonna make any types of returns on this unless crypto goes back to unless Bitcoin goes back to $20,000 these I'm just gonna throw into the garbage I'm 95% sure that the entire world won't even be able to make a profit with an s and minor s9 right now is just this thing just sucks up so much electricity it's not even funny like if you were to run this even if you had like 6 cents per kilowatt-hour you'll still go broke that is just so frustrating guys it's just so frustrating and the fourth reason why I'm done crypto mining is because it's just time to move on I'm leaving all the stress of crypto and the crypto community has put upon me and put up and I put upon myself so I'm just gonna leave all that behind 2019 you know this is a brand new year and I don't want to be in that type of space anymore it's just too emotionally physically draining so this is it guys this is the end of the crypto mining journey it's over I'm done I'm out the game this these are just gonna be antiques sitting behind me already build a shelf and just keep them there it looks pretty dope in the background but I want to thank all you guys for following me along on this journey you know it's been a crazy two years straight crypto mining for like I was probably mining for at least half of the half of the two years all the Wynn crypts that went all the way up and then when it started to climb down that's when I started to stop and I gave it one more chance but it's just it just wasn't worth it at the end I get a lot of questions from you guys if you guys should still be mining cloud mining or Hardware mining just don't do it there's a lot of other things out there that you can be doing that's worth more worth more of your time but yeah it is the end is the finale this is the final final season if you've made it all the way with me give me a thumbs up give me a like man I stuck through it I grinded it out as hard as I could and if you're brand new to the channel you're brand new to the channel and you still want to see all this crypto mining stuff I think you guys have to unsubscribe but if you want to see a lot more fun stuff on this channel I'm still talking about investing I I'm still gonna be doing videos about investing I'll most likely will still be doing a lot of risky investments out there just because it's fun to throw money up in the air sometimes and make it rain thank you guys don't forget to subscribe if you want to see more content like that don't forget to leave a comment and congratulate me on retiring from crypto mining and I'll check you guys in the next one I'm gonna go drink away all this pain right now bye