What’s the Deal with Bitcoins Anyway?
"You've probably heard about bitcoins, but what are they and why are they special? We take a look at what makes bitcoins an innovation, and their pros and cons as people now see them." Continue reading →
Fox Affiliate Explores Bitcoin, A New Trending Form Of Currency
"Bitcoins are all the rage in the techie community and gaining popularity fast. But what is Bitcoin? Professor James Angel explains: 'Bitcoins are a string of numbers…these numbers can be used to make payment.' It's digital currency, existing only online. You get them by 'mining,' or solving complicated math questions and algorithms. Anthony Mongeluzo, president of Pro Computer Services, explains further: 'Anyone could use Bitcoins. Primarily it's used as an online payment system, but it's a universal currency which means it's accepted in most countries.' The currency can be transferred person to person via the Internet, without a bank." Continue reading →
Bitcoin’s Washington problem
"On paper, the popular virtual currency Bitcoin is the type of entity that traditionally would hire a powerful K Street lobbying firm to protect its interests in Washington, especially in the cutthroat world of financial regulations. But Bitcoin doesn’t exist on paper. With no public founder or organization behind it, Bitcoin isn’t in a strong position to defend itself from government scrutiny or lobby Congress on critical issues including privacy. As a fully decentralized network, the closest thing Bitcoin has to formal representatives are exchanges that facilitate the buying and selling of Bitcoins against other currency, and trade associations that represent them." Continue reading →
DEA Bans Security Companies, Armored Cars From Serving Pot Dispensaries
"Less than two weeks after Attorney General Eric Holderannounced plans for sweeping drug sentencing reform to help fix a 'broken system,' the Drug Enforcement Administration has ordered security and armored vehicle companies to quit serving state-legal cannabis providers, according to industry sources. Armored vehicles allow California's legal medical marijuana dispensaries a secure way to transport large amounts of cash. The services are critical, since federal authorities pressured banks and credit card companies to stop servicing the pot industry in 2011." Continue reading →
Bitcoin Roundtable: Jeff Berwick, Trace Mayer, Jason Burack and Gabe Sukenik
"Trace Mayer, JD is an angel investor in Bitcoin and Bitcoin companies and he also runs RuntoGold.com and HowtoVanish.com. Get your free beginner's ebook about Bitcoin by Trace Mayer here: https://www.coindl.com/page/item/242 Jeff Berwick is a tech entrepreneur, investor and businessman who has founded many successful companies. Gabe Sukenik is a director at the Bitcoin startup Coinapult which is involved in the Bitcoin supply chain. Jason Burack runs the podcast Wall St for Main St you can visit the website here: http://www.wallstformainst.com/" Continue reading →
Rob McEwen Interview: On Gold Prices, Gold Miners And Bitcoin
"I don’t see why Bitcoin can’t also grow and become another viable currency, an internet based currency. If enough people accept it, it will be used. It seems to have momentum behind it and it’s intriguing how it’s truly separate from any country or central banks’ manipulation and control. There will be growing pains, like the guy who lost money out of his electronic wallet because he left his computer on all night. Also, Bitcoin will spawn competitors, alternative digital currencies. I think it’s a mistake to write off this currency as a bubble or fad. Will it threaten gold? I don’t think so. I think the two will grow in tandem as alternative currencies to fiat currencies." Continue reading →
Buttercoin Uses Bitcoin To Attack The $500B-A-Year Remittances Economy
"The World Bank estimates that migrants will send about $515 billion to relatives in developing countries by 2015, which is about 10 times the size of the U.S.’s budget for foreign aid. The old stand-bys like Western Union can charge around 10 percent for transactions in the market, an amount that Buttercoin co-founders Cedric Dahl and Bennett Hoffman find obscene. Buttercoin plans to open in India within the next three months and then to operate in six countries in nine months’ time. When they enter a market, they pair with local money transfer businesses to have legal compliance in the country." Continue reading →
Introduction to Bitcoin and Bitstamp
"How to buy or sell bitcoins." Continue reading →
PayPal unfreezes $45,000 cancer donation after media investigation
"A $45,000 donation for an Auckland man's cancer treatment has finally been released by electronic payment firm PayPal. The company, which processes online transactions, put a hold on the donation after it was picked up by its money-laundering filters. The money was meant to fund private chemotherapy treatment using an expensive new drug for Justin Crockett, who has an aggressive brain tumour. Mrs Crockett rang PayPal without success and said she felt 'helpless' and 'stressed out'. 'I just think it's a bit appalling that they have that power to freeze it. It's not their money. People shouldn't be put through this stress.'" Continue reading →
Five surprising facts about Bitcoin
"This has been a big year for Bitcoin. At the start of the year, interest in the virtual currency was largely limited to technology buffs. Then the price rose more than 10-fold, prompting regulators, investors and the general public to take a closer look. To help policymakers get up to speed, the Mercatus Center, a libertarian think tank, has published a new primer on the technical, economic and legal issues raised by the currency. Here are five of the most interesting observations that the authors, Jerry Brito and Andrea Castillo, make about Bitcoin." Continue reading →
- Go to the previous page
- 1
- …
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- …
- 134
- Go to the next page