EFTA01922290

To: Vincenzo Iozzo From: jeffrey E. Sent Wed 6/25/2014 7:21:09 PM Subject: Re: decentralized prediction markets and order books (w/ bitcoin) & meeting not really, even the language in the paper is not well thought through, they use bitcoin as a currency though the irs has said it is not. and they deliniate betting.? ( not a good word ). money that pays in response to non regulated contracts can be disavowed, have strange tax consequences ( tax on gains but losses non deductible ETc ) On Wed, Jun 25, 2014 at 3:18 PM, Vincenzo Iozzo .MI > wrote: hmm fair point, although I assume that if you regulate what is tradable in the system (and you can since the order book is public, albeit somewhat anonymous) then it should be legal? Not sure, not really an expert on legal questions in this area. But I find the idea behind it somewhat fascinating On 25/giu/2014, at 20:15, jeffrey E. leevacationOgmail.com> wrote: > knee jerk response is that it is not a currency trading system or securities trading system but gambling , must be careful, - most of this is outlawed > On Wed, Jun 25, 2014 at 3:14 PM, Vincenzo Iozzo > wrote: > great! :) tagaL > I'll talk toand see what your schedule looks like in that time period, otherwise we'll plan a skype call around those dates > Also if you read the paper, let me know your take on it. I'm curious to hear what you think of it > On 25/giu/2014, at 20:08, jeffrey E. [email protected]> wrote: > > if I am there I always have time for you, othewise we can skype > > On Wed, Jun 25, 2014 at 3:06 PM, Vincenzo Iozzo wrote: > > Jeffrey, > > how are you doing? > > I just finished this paper and I think it's super interesting: ht tp://weis2014. econinfosec. org/papers/Clark-W El S2014.pdf > > The guy is using the Bitcoin infrastructure to create a decentralized market for predictions. Essentially he wrote an 'extension' to bitcoin that EFTA_R1_00366240 EFTA01922290 > > can be used to trade any type of financial product without a centralized clearing house/entity. > > I figured it could be an interesting read for you as well, also as a follow up on our discussion a few weeks ago. > > Speaking of something different, are you going to be in NYC from July 15 to July 20? Do you have time for a meeting? >> > Vincenzo > > please note > > The information contained in this communication is > > confidential, may be attorney-client privileged, may > > constitute inside information, and is intended only for > > the use of the addressee. It is the property of > > JEE > > Unauthorized use, disclosure or copying of this > > communication or any part thereof is strictly prohibited > > and may be unlawful. If you have received this > > communication in error, please notify us immediately by > > return e-mail or by e-mail to jeevacatione,gmail com, and > > destroy this communication and all copies thereof, > > including all attachments. copyright -all rights reserved please note > The information contained in this communication is > confidential, may be attorney-client privileged, may > constitute inside information, and is intended only for > the use of the addressee. It is the property of > JEE > Unauthorized use, disclosure or copying of this > communication or any part thereof is strictly prohibited > and may be unlawful. If you have received this > communication in error, please notify us immediately by > return e-mail or by e-mail to [email protected], and > destroy this communication and all copies thereof, > including all attachments. copyright -all rights reserved EFTA_R1_00368241 EFTA01922291 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00368242 EFTA01922292