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Bitcoin Business

Serious Discussion About The Bitcoin FoundationBitcoin Business

Serious Discussion About The Bitcoin Foundation

Posted by CoinBits on Jan 28, 2014 in News Bits | 0 comments The Bitcoin Foundation's integrity is now in serious question. 3 out of 7 board members are either involved in lawsuits, awaiting trials or engaged in dubious business. Peter Vessenes Chairman Mtgox lawsuit…
cinerama
January 28, 2014
Charlie Shrem Case Is a Witch huntBitcoin Business

Charlie Shrem Case Is a Witch hunt

Posted by CoinBits on Jan 27, 2014 in News Bits | 0 comments The US government case against Charlie Shrem is full of legal contradictions. 1) Fincen did not issue guidance for bitcoin exchangers until March 18th 2013. http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html Charlie Shrem cannot be held responsible…
cinerama
January 27, 2014
Bitcoin Business

Bitcoin: The Currency Of The Future?

Saturday January 25, marked the start of the Miami Bitcoin conference.  When I first told my partners I planned to attend, one asked “Why go to a conference when you can read about it on Wikipedia?”  There were two answers to that question.  One: the…
cinerama
January 27, 2014
Cash Is Trash: The Future of Mobile PaymentBitcoin Business

Cash Is Trash: The Future of Mobile Payment

By Ryan Rommann President Obama recently said he supports efforts to abolish the American penny. But the penny is not alone in its uselessness. All physical coins and dollars will soon be rendered obsolete by the security and convenience of mobile phones and thumbprints. Just…
cinerama
January 23, 2014
Cryptocurrency rush like the .com bubble?Bitcoin Business

Cryptocurrency rush like the .com bubble?

Posted by CoinBits on Jan 22, 2014 in News Bits | 0 comments Recall that around the millennium many tech stocks were overbought, and the stock market subsequently crashed. The reason was simple: the internet was growing and everybody was convinced it was the future…
cinerama
January 23, 2014
Bitcoin Business

How YOU can stop a 51% attack.

Mining at this point is no longer about profit. It's about ideology. You mine BTC to support a system in which you believe, the revenue serves the purpose of keeping it affordable to you. For the pool operators, the situation is different. For them, mining…
cinerama
January 22, 2014

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