Bitcoin – Page 63

Agorism’s Tech Triumvirate

Post author:The Freedom Watch Staff
Post published:June 16, 2013
Post category:Network Archives

"Both Bitcoin and Bitmessage rely on Internet access to function, and despite valiant efforts by supporters to create ad-hoc networks for protesters, it's still often within the State's power to prevent reliable access to many. The third emerging technology relevant here is Meshnet. Meshnet is a free and open-source project that aims to provide robust network access in the face of deliberate attempts by 'authorities' to restrict Internet access and censor online speech. Meshnet works by dynamically creating networks of wireless routers. Each router becomes a node in the network, relaying connectivity to other routers in its physical vicinity." Continue reading →

Spy-Coins.Com

Post author:The Freedom Watch Staff
Post published:June 16, 2013
Post category:Network Archives

"On the 'Products' page is a complete list of our fully functional hollow spy coins. They are all precision machined from actual coins, and are absolutely indistinguishable from a solid coin to the naked eye. They can be safely handled without danger of separation, and could easily circulate without detection. These products are proudly made in The USA. Although the technology of the hollow coin is not new, the data media is. Many of our coins are specially machined to secure the MicroSD Memory Card, which has capacities of several gigabytes." Continue reading →

The Rise of the Anti-State Cyber-Warrior

Post author:The Freedom Watch Staff
Post published:June 14, 2013
Post category:Network Archives

"What is it about this new direction in war that makes it so different? First, it is not a battle that is waged by governments against other governments. It is a battle of the individual against the state. It is a battle that the state has a difficult time protecting against because it has a difficult time understanding from where an attack might emerge and it has a difficult time understanding the nature of the attack once the attack itself is observable. Among current, early cyber-warriors leading attacks, I have in mind such men as Julian Assange, creator of Wikileaks, Satoshi Nakamoto, the pseudonymous developer of Bitcoin and Edward Snowden, the NSA whistleblower." Continue reading →

Draper University Becomes the First Educational Institution to Accept Tuition in Bitcoin

Post author:The Freedom Watch Staff
Post published:June 11, 2013
Post category:Network Archives

"Draper University, a cutting edge boarding school for young entrepreneurs from all over the world, received its first tuition payment in Bitcoin for its summer session, which starts June 24. Draper University accepts various forms of tuition payments, including bartering for services, and now will also accept Bitcoin for tuition payments. The university, located in downtown San Mateo, offers an innovative program designed to inspire, cultivate, and educate students who dream to build companies that change the world around them. Draper University offers four sessions a year and is intended for young entrepreneurs between the ages of 18 to 26." Continue reading →

Bitcoin among virtual currencies targeted in US crackdown on tax evasion

Post author:The Freedom Watch Staff
Post published:June 11, 2013
Post category:Network Archives

"Just weeks after US prosecutors shut down digital currency operator Liberty Reserve for allegedly running one of the biggest money laundering schemes ever uncovered, prosecutors are scrutinising the use of virtual currencies - which can be traded anonymously - to evade tax. In future, taxpayers could be forced to disclose to the IRS whether they are using PayPal accounts for the virtual transfer of money. The latest move follows a landmark decision by Switzerland last month, which accepted a settlement over alleged bank complicity in evasion by Americans. Switzerland had long considered bank secrecy laws untouchable." Continue reading →

All About Bitcoin Mining: Road To Riches Or Fool’s Gold?

Post author:The Freedom Watch Staff
Post published:June 10, 2013
Post category:Network Archives

"While I have now recouped my investment in mining hardware, you may not be so lucky. Even among ASIC-based mining hardware there is a ranking, a hierarchy based on purchase cost and energy efficiency. Tis folly to think that you’ll be able to run 130 nm ASICminer ASICs in California indefinitely. At some point, you will be outgunned by people running yet-to-be-sold 28 nm ASICs in some rural county of Washington state, where a kWh costs a mere 2.33 cents. Bitcoin mining is not for the faint of heart, nor for the mathematically challenged. Invest only what you can afford to lose. Or better yet, enjoy this crazy sideshow from the bleachers." Continue reading →

Meet the world’s first Bitcoin baby

Post author:The Freedom Watch Staff
Post published:June 10, 2013
Post category:Network Archives

"Dr. C. Terence Lee, a fertility specialist based in Brea, Calif., flashes a photo of a beaming infant across a projection screen and announces: 'This baby was bought with bitcoins.' No, this isn't a black-market deal brokered in the Internet's shadowy corners. The child was born thanks to a frozen embryo transfer cycle paid for with bitcoins. Lee says it's the first time he's aware of that anyone has paid for fertility treatments that way. The baby is the biggest -- and definitely the cutest -- victory yet for Lee in his campaign to persuade his patients to pay him for his services with bitcoins." Continue reading →

Dutch government answers questions about Bitcoin, indicates Bitcoin taxable

Post author:The Freedom Watch Staff
Post published:June 10, 2013
Post category:Network Archives

"A taxpayer who has a source of income with activities in the course of trade, such as income from business or income from an activity, will have to pay taxes over that in compliance with the provisions of the Income Tax Act 2001. The fact that the benefits from such a source are calculated using a scheme other than the legal tender in force in our country does not make a difference. Such a benefit in the form of a result in Bitcoins will also lead to taxation. However, the determination of a taxed income will mean that the value of the results achieved in Bitcoins must be converted into an amount in euros. For the wage and sales tax, a similar approach applies." Continue reading →

Israeli banks block money transfers connected to Bitcoin pending Israeli central bank regs

Post author:The Freedom Watch Staff
Post published:June 10, 2013
Post category:Network Archives

"From a check made in the bank it seems that your account contains activity involved with virtual currency. The activity is characterized by issuing wire transfer to a company called MTGOX, through which this currency is purchased. Virtual currency is anonymous and unregulated. Trading them is not regulated and thus poses a high risk for the bank. Therefore, the bank has decided not to allow such activity for our customers, until guidance/clarifications are issued by the Israel Central Bank. You are requested to stop any such activity. We inform you that if you do not comply, we will have to refuse any activity directly or indirectly related to this area of activity." Continue reading →

LibertyBit Bitcoin Exchange – OPERATIONS SUSPENDED

Post author:The Freedom Watch Staff
Post published:June 10, 2013
Post category:Network Archives

"It is with great regret that we have decided to temporarily suspend operations due to bank account closure and a surge of fraudulent transactions. These last six months have been a wild ride. We've had an incredible opportunity to take part in the Bitcoin revolution and help thousands of new and experienced users trade more easily. A big thank you to everyone who has supported us, pushed us, and given us valuable suggestions to make this service even better. Bringing Libertybit to life has been our passion for the last year, and it's been an honor to offer this service to all of you." Continue reading →