Jed McCaleb: Entrepreneur, Computer Programmer, and Co-Founder of Stellar

Jed McCaleb, the original developer of the first bitcoin exchange, Mt. Gox, has a lot to say about entrepreneurship, the world of technology involving blockchain, and digital assets like cryptocurrency.

 

Jeb McCaleb start out doing serious computer programming and computer platform building in 2000. McCaleb created eDonkey, a peer-to-peer file sharing platform. eDonkey was the first computer platform to allow multiple nodes to download files. McCaleb was also known for creating Mt. Gox in Japan, the first bitcoin exchange. McCaleb ended up selling Mt. Gox a year later.

 

In 2018, Jed McCaleb is very focused on putting his name on the most-influential list of cryptocurrency innovators and industry disruptors. As the CEO of Stellar Foundation, Jeb McCaleb, along with Joyce Kim, a fellow cofounder, are looking for ways to solve those thorny issues involved with Bitcoin. Issues like scalability and flexibility are tough problems to solve.

 

As for Stellar.com, it fits well into the untapped business sector, by functioning as an open-source, financial network for institutions involved in Bitcoin and other cryptocurrency like Litecoin, Ethereum, and Bitcoin cash.

 

Jed McCaleb’s Stellar Foundation is a viable business and investment solution for those 2 billion people in the developing world who are not associated with any banking institution. With Stellar.org, McCaleb’s foundation helps to bring cost effective and secure options for banking institutions and their future customers. Bitcoin can bridge the gap, just like P2P file sharing software Napster.com and eDonkey once did. The mission of Stellar.org is to connect banks with an open-source network that is cheap and stable. It is also important that all cryptocurrency transactions go smoothly.

 

McCaleb’s success come from his ability to never let obstacles impede him achieving great things. McCaleb notes that due diligence, clearing out unnecessary activities, and following specific strategies are keys to success.

 

McCaleb’s latest ventures, outside of Stellar.org, include areas of Artificial Intelligence (AI). McCaleb feels that AI could really take hold in two decades. He is an advisor to the Machine Research Institute (MIRI), a non-profit organization whose focus involves making tools that will bring safety for future AI programs.

How Joel Friant Found Success With A Habanero Pepper Product

Joel Friant is an experienced businessman who has owned companies in a number of different industries. He has owned a couple of companies in the real estate industry, for instance. One of these was a home remodeling business, in another he bought and flipped foreclosed homes, and he was in real estate sales. He also owned a fast food restaurant that sold Thai food. He owned this restaurant in the mid-1990s nad during that time he developed what was to become his flagship product, The Habanero Shaker.

It was during his high school years that Joel Friant was introduced to habanero peppers. Not long after he took a vacation to Jamaica and he was able to try many habanero varieties that weren’t, and still aren’t, available in the United States. When he wanted to season his food with habanero peppers he looked on the shelves of many grocery stores and saw nobody was selling this product. So, he came up with the idea of a shaker that people could sprinkle raw, dried habanero peppers on their food.

After a number of years selling this product in grocery stores, Joel Friant had to drop this product because all of his time was being taken up by a new real estate company he had started. However, the 2007/2008 recession caused the real estate industry to go into the tank for a number of years across the nation. He decided to research why some people find success in both their personal and work lives and how other people could replicate that success. This led to a concept he calls “The Income Thermostat” which he taught for a number years to clients.

In 2012 he decided the time was right to relaunch his habanero product. He calls this new one the Original Habanero Shaker. Becuase online sales present a much bigger opportunity to reach people he sells this product on Amazon. There are other similar products out there now but none of them are like his which is 100% pure habanero flakes. He says it’s a great product that can be used on eggs, salad, seafood, and much more.

Getting to Forex Heaven with Jordan Lindsey

To get to forex heaven, you must stop sending your money to forex hell. Traders never dispatch their precious assets to the flames deliberately. Quite the opposite, the journey is always a trek of optimistic expectation gone awry.

When Jordan Lindsey, founder of JCL Capital, preaches his doctrine of steady returns to success as a forex trader, he describes a journey to heaven on earth. With constant returns averaging out at around 7 percent a month anyone can double his or her account in a year. That is the magic of compounding.

Jordan Lindsey, an experienced trader, has been offering his wise advice for years. He continually returns to the theme of a patient plan, with appropriate money, and risk management methods. In other words, aiming for realistic returns over a realistic span of time.

Those newbie forex traders who rush into the market looking for 800% returns in a month are not only deluding themselves; they are putting their accounts at risk. Anyone who doubts that should consider that even the most successful hedge fund managers of all time would worship such an accomplishment.

I am thinking of men like George Soros, Paul Tudor Jones, and Bruce Kovner. Traders such as these, of such accomplished stature in the world of money management, understand the balance which traders must respect regarding opportunity and risk of ruin. When Jordan Lindsey insists that you target a return in the range of 7 percent he honors that concept.

Jordan Lindsey advises traders to have the mindset of an investor and a saver. He advocates that traders continuously reinvest their profits. Thus building their assets under management (AUM) through the compounding process. The other side of his wisdom tells traders to manage their money.

Money management in retail forex trading is critical because of leverage. When a trade works in your favor that is good. On the other hand, when the market goes against you it can wipe out your account if you do not maintain a deep enough margin balance. For that reason, the professionals seldom risk more than 1 to 3 percent of their AUM on a single trade.

As Jordan Lindsey has said, it is possible to make millions of Dollars by trading forex. Just bear in mind that the path to forex hell is broad, and the road to forex heaven is a narrow one. Let patience, sound money management, and perseverance be your guides.